Professional Documents
Culture Documents
Annual Report
2013-2014
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C o n t e n t s
1.
Board of Directors
07
2.
AGM Notice
09
3.
10
4.
Operational Achievements
11
5.
13
6.
14
7.
a)
c)
8.
23
B. Quality Assurance
24
17
21
21
22
C. Marketing
24
24
E.
Purchase
25
F.
25
G. Information Technology
25
H. Projects
26
I. Audit
27
J. Finance
28
9.
29
10. Acknowledgements
29
31
34
36
14. Profit and Loss Accounts for the year 2012-2013 & 2013-2014. 37
milma
Sri. V. Sudhakaran
Chairman, KCMMF
Managing Director
Sri. T. P Markose
milma
No.SM:P&I:AGM/2013-14
Sir,
Sub:- 41st Meeting of the General Body of the KCMMF on 29.09.2014 - convening of - issue of notice
Notice is hereby given that the 41st meeting of the General body of the KCMMF will be held at KCMMF, Head Office,
Thiruvananthapuram at 11.00 AM on 29.09.2014 to transact the following business: 1.
Approval for the notice and Agenda for the 41st meeting of the General Body of the KCMMF Ltd.
2.
Confirmation of the minutes of the 40th AGM held on 30th September 2013.
3.
Action taken report on Minutes of the 40th AGM held on 30th September 2013.
4.
Presidential Address.
5.
Presentation of the Annual Report, Balance Sheet and Profit & Loss Account (Final &Audited) for the year 2013-14
(period from 01.04.2013 to 31.03.2014) in respect of KCMMF Ltd.
6.
7.
Approval of the Budget for the year 2014-15 covering the period from 01.04.2014 to 31.03.2015 in respect of
KCMMF Ltd.
8.
9.
10. Appointment of Auditors for the Audit of Accounts of the KCMMF as per Section (63) of the KCS Act, 1969 as
amended vide KCS(Amendment)Act, 2013 (Act 8 of 2013).
11.
12. Questions and Answers from the members of the Annual General Body
13. Resolution/s if any
14. Any other item with the permission of the Chair.
I request you to kindly make it convenient to attend the meeting.The questions to be answered and the resolutions,
if any, to be adopted in the meeting will have to be forwarded to this Office so as to reach on or before 05.00 PM on
22.09.2014. Detailed agenda note will be sent separately.
Kindly make it convenient to attend the meeting.
Yours faithfully,
Sd/-
MANAGING DIRECTOR
By Order of the KCMMF Board
milma
It
Hon' ble Minister K.C.Joseph inaugurating the Ice cream plant, Kozhikode (MRCMPU)
10
milma
Regional Unions
`. in Lakhs
TRCMPU
78.69
ERCMPU
30.67
MRCMPU
102.33
TOTAL
211.69
TRCMPU
1135
1083
ERCMPU
983
862
MRCMPU
1037
863
TOTAL
3155
2808
OPERATIONAL ACHIEVEMENTS
Milk Procurement
Milk procurement averaged 9,41,506 litres per day in the
year 2013-14 with an increase of 7.01% in comparison
with avg. 8,79,789 litres per day of the previous year. The
increase in procurement shows healthy trends and the
farmers confidence in Milma. The average milk procured
per day during the last two financial years is given below:
MILK SALES
The sales of milk in different variants were almost stable
for the year 2013-14 showing the consumers continued
confidence in our brand. The average sale during the
year was 11,86,798 litres, which was almost similar to the
last year's figure of 11,88,507 litres per day. The shortfall
between milk procurement and sales was met by arranging
milk from State Milk Federations of Karnataka, Tamil Nadu,
Andhra Pradesh & Maharashtra and purchase of Skimmed
Milk Powder (SMP).
MILK PRODUCTS
Number of Apcos
As on 31.03.14 the total numbers of registered APCOS are
3155 of which 2808 APCOS are functioning. The Number of
milk pouring societies (both affiliated and non affiliated) are
2873. The Union wise break up of Registered APCOS is given
below. Under Centrally sponsored programme NDP 196 Nos
of APCOS are proposed to be operational within a year.
Regional Unions
2012-13
2013-14
TRCMPU
2,06,516
2,30,854
11.79
ERCMPU
2,06,396
2,20,031
6.61
MRCMPU
4,66,877
4,90,621
5.09
Total
8,79,789
9,41,506
7.01
milma
% Increase
11
TRCMPU
ERCMPU
2013-14
2012-13
2013-14
2012-13
2013-14
2012-13
50,00,00
45,00,00
40,00,00
35,00,00
30,00,00
25,00,00
20,00,00
15,00,00
10,00,00
05,00,00
0
MRCMPU
-1.31
ERCMPU
2,99,385
3,03,664
1.43
MRCMPU
4,22,924
4,23,034
0.03
Total
11,88,507
11,86,798
-0.14
50,00,00
45,00,00
40,00,00
35,00,00
30,00,00
25,00,00
20,00,00
15,00,00
10,00,00
05,00,00
0
TRCMPU
ERCMPU
Fig. 2: Average Milk Sales in litres per day
12
milma
2013-14
4,66,198
2012-13
TRCMPU
2013-14
% Diff
2012-13
2013-14
2013-14
Regional Unions
2012-13
2012-13
MRCMPU
The Federation has done well in the sales of most of the milk products. The details of sales of various products are
tabled below:
Table 5 : Sale of Milk Products
TRCMPU
Products
2012-13
2013-14
% Diff
GHEE (MT/Annum)
1209
1301.74
7.67
BUTTER (MT/Annum)
124
159.38
28.53
ICE-CREAM (Litres/Annum)
232451
277560
19.41
CURD (Kgs/Annum)
SAMBHARAM (Packets/ Annum)
5747007
1249730
6253000
1436900
8.80
14.98
ERCMPU
Products
2012-13
2013-14
% Diff
GHEE (MT/Annum)
769
897
16.64
BUTTER (MT/Annum)
97
107
10.31
613685
726839
18.44
CURD (Kgs/Annum)
5080799
5195151
2.25
784230
1051880
34.13
ICE-CREAM (Litres/Annum)
MRCMPU
Products
2012-13
2013-14
% Diff
GHEE (MT/Annum)
1873
2097
11.97
6.806
666453
42.601
784450
525.94
17.71
CURD (Kgs/Annum)
18424088
18910997
2.64
12731791
14823850
16.43
662194
795359
20.11
BUTTER (MT/Annum)
ICE-CREAM (Litres/Annum)
CPD
Products
2012-13
2013-14
% Diff
GHEE (MT/Annum)
300
288
-4.0
649125
800723
23.35
milma
13
14
TRCMPU Ltd.
milma
ERCMPU Ltd.
milma
15
MRCMPU Ltd.
16
milma
During the year 2013-14, an amount of ` 1,88,000/was paid to 26 Milk producers towards the financial
milma
17
18
milma
1 Lit variants and now 250 ml bottles are also available. The
scarcity of mango pulp had affected the production. Along
with Ready to Serve beverage, CPD also outsource Mango
drink in tetra pack (Refresh) by entering into an agreement
with NAPC, Moovattupuzha
7. Milma Peda: CPD caters to the demand of Peda of
Marketing Cell, TRCMPU and Alappuzha market. The new
peda vat and the new peda packing room have improved
the quality of Peda.
Product
Milk (DTM, HTM & Jersey) TRCMPU
Unit of
Measurement
Litres/Day
2012-13
2013-14
% Differ
80291
80282
-0.01
MT
300
288
-4.0
Curd
Kg
909476
1020388
12.20
Dairy Whitener
Kg
155127
122735
-20.88
Trays*
67719
54447
-19.60
Milma Plus
Bottle
649125
800723
23.35
Cartons**
48795
42762
-12.36
Litres
170884
175402
2.64
Peda
Kgs
milma
19
2012-13
2013-14
Production
Sale
Capacity
Utilization(%)
Unit
Quantity (MT)
CFP Pattanakkad
55822.30
62.06
CFP Malampuzha 58612.15 65.12
Total
114434.45 63.57
Units
CFP Pattanakkad
CFP Malampuzha
Total
20
APCOS Dealers
Govt. Others
Total
56363.85
3075.55
12872.05
141.95
72453.40
78106.3
1179.8
11826.45
492.75
91605.3
134470.15
4255.35
24698.5
634.70
164058.70
milma
2.
3.
4.
milma
21
UNIT
Malampuzha
68.961 75.799
TOTAL
68.961 75.799
22
milma
Table 11: Details of Training programmes conducted during the reporting year
Sl.No
1
Secretary Basic
5 45000 1
9000 0 0
251
235700
96
80600
133
163000
15
19500
91
177450
64
113100
6
Bulk Milk Cooler Operation and
Management (Field)
44 57200 0 0 0 0
7
Presidents (Field)
46 78000 0 0 0 0
Management Committee
Orientation (Field)
125
234000
46
89700
90
175500
10
54
86400
11
29
56550
12
239
669200
13
50
140000
TOTAL
827
1207400 263
413300 289
809200
KCMMF HEADQUARTERS
Various departments at the headquarters provide support
and gives regular advises to Regional Unions for continual
improvement. Some of the activities of the departments
during the year are listed below.
milma
23
Quality Assurance
The Federation has a Quality Control wing which renders
technical and legal assistance to primary dairy co-operatives
and Regional Milk Unions. The quality of Milma milk is
maintained in accordance with the statutory standards.
Apart from maintaining the required level of Fat and
SNF percentage, the milma milk continues to maintain
satisfactory level in bacteriological quality also. The samples
of milk, ghee and other products and water are tested at
the Government analytical laboratories and other accredited
laboratories in addition to the testing at the well-equipped
Quality Control laboratories attached to the dairies. Reports
received from these laboratories have indicated satisfactory
quality level in all samples.
Complaints from consumers on the quality problems of our
products have reduced appreciably and prompt action is
taken for replacement whenever spoilage complaints are
reported. Medical check-up is done on a yearly basis on all
employees working in the plant and medical insurance for
the employees is being carried out in all dairies.
The cattle feed plants are advised regularly to maintain the
quality of the cattle feed produced by ensuring the quality
of raw materials and maintaining the standards as per BIS.
As and when custom packing is arranged to make up the
shortfall, strict quality control measures are initiated to
maintain the quality of the custom packed feed at par with
own production. All the raw materials used for the production
are verified in time using sophisticated equipments and
subjected to counter checking also The samples of feed are
sent to accredited laboratories and to NDDB for analysis.
The results are compared with local results and changes
are made in the formulae accordingly. The quality control
labs of both Cattle Feed plants are planning to get NABL
accreditation also
The Quality Control wing ensures that milk received from
other states is of good quality. It conducts surprise checks
in the premises of these dairies and advises the dairies
accordingly. Timely advise is given to the dairies to maintain
proper quality of milk and milk products by performing tests
at various levels.
New machines under Centrally Sponsored Schemes replaced
many of the old equipments being used in the Central
Products Dairy and both Cattle Feed plants and the quality
testing has become more accurate.
24
All the Dairies under Milma are either ISO 22000 certified
or ISO 9001:2008 certified. The Malabar Region hasgot
exporting licenses for Ghee exporting for Kannur & Wayanad
Dairies.
A Core Committee comprising officers from all Regional
Milk Unions and Federation has been formed to assess the
maintenance of FSMS in all dairies and to give suggestions
and recommendations for improvement
MARKETING
The Programming Committee of the Federation is
responsible for taking major marketing decisions with the
approval of the Board. The PCM regularly meets and takes
stock of the market situation and also milk situation for
taking appropriate decisions. KCMMF coordinates all the
activities connected with purchase of milk and consumables
from other states and also planning and implementing inter
Union movement of milk and products.
KCMMF had revised the purchase rate of milk from farmers
and the selling price of various variants of milk in the year
2012 This price revision has resulted in the increase of
procurement of milk from the farmers and simultaneously
there was sale increase also
milma
PURCHASE
KCMMF introduced e-tender system for effecting major
purchase. The tendering system for awarding contract for
dairy consumables and procurement of major raw materials
for cattle feed and packing material has been implemented
through e-tender site of Government of Kerala. Annual
Supply contracts for Dairy consumables are finalized, after
inviting bids through e-tender. The Purchase Committee
comprising the Managing Directors of the Federation and
three Regional Milk Unions, General Manager (Purchase)
Senior Managers-Finance and P&I/QC of the Federation
finalize the purchase of Dairy consumables.
Procurement of raw materials for Cattle Feed production is
a periodic activity. It is an open market operation mainly
through brokers/ suppliers/manufacturers. The purchase of
major ingredient; DORB is arranged regularly from North
India through rake after floating tender in e-tender site.
A Purchase Committee comprising of General Manager
(Purchase), Senior Manager (Finance) and Senior Manager
(P&I & QC) of the Federation carry out the daily purchase.
The committee takes the advice from the Unit heads of
both Cattle Feed Plants before finalizing the purchases of
raw materials. The proposal of the Purchase Committee is
submitted to Managing Director for approval and informed
to KCMMF Board.
milma
25
PROJECTS
The Projects section of KCMMF undertakes the Engineering
Projects under Federation/Regional Milk Unions. Setting up of
new Dairy Plants, Cattle feed plants and expansion activities
of dairies and cattle feed plants are the major functions of
the projects section. The Projects are executed as turnkey
as well as consultancy basis. The detailed project reports
with cost estimation are prepared and total planning on
implementation of projects is done before commencing the
physical work at site. The financial and physical budgeting
for implementation of the project, detailed Engineering
drawings and technical specification, preparation of tender
document and finalization, physical implementation of the
project, monitoring the progress, Liaisoning with statutory
bodies for getting approval etc are done by the Projects
Section. Purchase of dairy machinery, electrical equipment,
other machinery, steel, cement etc required for the project
is also carried out by the Projects Section. . The tenders
related to project work are invited and awarded through
the e-portal of the State Govt. www.etenders.kerala.gov.in
The State Govt. has constituted a purchase committee for
various Govt. of India/State Govt. Schemes and projects,
being implemented by Federation & Regional Milk Unions
The following infrastructure developmental activities were
taken up with the financial assistance under various schemes
of Central Government, State Government and using
internal resources for KCMMF, ERCMPU & MRCMPU during
the reporting year.
KCMMF PROJECTS
1. Cattle Feed Plant, Pattanakkad
Under RKVY-NMPS Scheme of the Central Govt. an amount
of ` 381.75 lakhs was sanctioned for the modernization of
26
milma
MRCMPU PROJECTS
1. Kozhikode Dairy/Ice Cream Plant
The civil and electrical works for the ice cream plant, new
crate washer block, expansion of boiler house and godown
were completed and the ice cream plant commissioned and
production commenced.
ERCMPU PROJECTS
1. Ernakulam Dairy.
7. Wayanad Dairy.
The civil works for the expansion of Wayanad Dairy under
RSVY including a new block for the butter manufacturing,
processing & packing commenced in the reporting year.
The total outlay of above project is ` 450.00 lakhs.
2. Kottayam Dairy
The proposal for expansion of Kottayam Dairy with an outlay
of ` 952.67 lakhs submitted to Govt. was sanctioned and
the first allotment of `226.00 lakhs received. The civil
works of the new administrative block, ghee making block,
silo area and Effluent Treatment Plant were taken up in the
reporting year.
AUDIT
A team of Auditors under the Deputy Registrar of Cooperative Societies carries out the concurrent audit of the
Federation and the Regional Milk Unions. The Registrar of
Co-operative Societies has already approved the audit
certificate of KCMMF for the year 2012-13 and 2013-2014.
A Concurrent auditor is posted in each unit and all aspect of
our business is audited. Decision to post internal auditors at
all the units of KCMMF has been taken and internal audits will
be started from next financial year onwards.
milma
27
FINANCE
During the year 2013-14, KCMMF achieved a turnover of ` 386.51 crores (audited) as against ` 298.49 crores during the
previous year. The net profit of the reporting year is ` 830.02 lakhs.
The turnover and the profit/loss of the Federation and the Unions for the financial year 2013-14 in comparison with previous
year are given under:
Table 12 : Turnover of KCMMF Units ( ` in lakhs)
Year
CFP (P)
CFP (M)
CPD
Total
% Increase over
the previous year
` in Lakhs
38651.06
29849.05
2012-13
Year
2013-14
11.13
12.11
12.86
29.49
14.77
2012-13
2.61
9.31
2.73
3.40
18.05
2013-14
( -)2.81
2.24
(-)9.59
8.30
(-)1.86
We have made an effort to improve the living condition of our farmers by giving them a remunerative price for their
produce. We now have to encourage them to produce more milk and other agriculture products. We have to strengthen
our farmers by enhancing their capability to produce more and thereby ensuring the prosperity of our state and nation.
28
milma
ACKNOWLEDGMENTS
The KCMMF Board of Directors extends thanks to all those
who have helped to make our Federations operation
successful.
We are obliged to the Government of India for the financial
support received for various schemes. We are also grateful
to the Government of Kerala for all the financial support and
co-operation extended to our organization from time to
time.
The National Dairy Development Board has continued to
play a significant role in our growth and development. The
National Co-operative Dairy Federation of India has been
providing us with invaluable support in co-ordination with
other agencies and organizations. We are very grateful
to them.
We are also indebted to the Dairy Development Department,
Government of Kerala for their leadership and support.
We are grateful to the various Government Departments
and organizations like Planning Board, Animal Husbandry
Department, Dairy Farmers Welfare Fund Board, Kerala
Livestock Development Board, Kerala Feeds Ltd., Labour
Department, Weights and Measures, Electrical Inspectorate,
Factories and Boilers Inspectorate, Kerala Water Authority,
Health Department, Kerala State Electricity Board, Sales
Tax Department, Central and State Excise, Pollution Control
milma
P. K. PATHAK
MANAGING DIRECTOR
29
30
milma
milma
31
By Trade Income
By Closing Stock
510,354,522.83
34,521,049.72
108,130,798.64
68,571,288.32
To Establishment charges
To Contingencies
17,317.00
132,009,245.97
TOTAL
98,058,126.88
TOTAL 132,009,245.97
132,009,245.97
33,951,119.09
239,481,956.55
33,951,119.09
GRAND TOTAL
4,120,177.48
62,412,816.21
172,948,962.86
TOTAL 239,481,956.55
1,968,934.00
20,226,170.50
By Recoupment operation-deficit
By Miscellaneous Income
TOTAL 3,068,724,621.11
6,616,329.00
TOTAL
96,911,095.59
9,169,411.80
Total 3,068,724,621.11
To Interest paid
3,068,724,621.11
TOTAL
172,948,962.86
To Gross Profit
2,895,775,658.25
Total
(`)
49,753.70 2,962,644,113.72
22,211,003.00
To Trade Charges
2,223,204,519.84
2,984,904,870.42
(`)
To Purchase
By Sales
INCOME
127,695,565.86
(`)
To Opening Stock
EXPENDITURE
Abstract from the final Audited Accounts for the year 2012-2013
Trading and Profit & Loss Account for the year ended 31-03-2013(Consolidated).
32
milma
1,759,558,704.27
TOTAL
1,903,682,134.76 1,759,558,704.27
132,009,245.97
56,778,190.18
1,264,301.78
83,539,513.23
1,306,044.27
81,578,895.79
266,934,034.00
Inter-Unit - Due by
59,605,567.78
149,244,804.49
Undistributed Profit
1,853,751.55
12,134,689.98
2,566,042.96 408,935,252.90
193,630,466.71
1,264,301.78
617,236,943.86 127,695,565.86
1,429,927.75
59,605,567.78
Capital Reserve
284,783,417.72
4,204,849.00
2,055,000.00
402,384,108.47 308,286,866.97
210,729,365.14
2,365,322.63
25,473,669.45
21,169,000.00 335,242,704.55
283,717,832.75
2,546,042.96
Corpus fund
1,264,301.78
177,772,179.30
Adjusting heads-Due by
434,062,730.63
Funds,Reserves&Provisions
381,999,228.04
Interest Payable
2,365,322.63
Borrowings
165,478,315.78
97,117,176.88
Share Capital
21,169,000.00
TOTAL
Net Loss
Corpus Fund
Current Assets
Fixed Assets
Stock Deficit
General Stores(CPD)
Stock-in-trade
Inter-Unit - Due to
Investment in shares
1,903,682,134.76
98,058,126.88
56,778,190.18
85,431,117.27
1,429,927.75
1,264,301.78
1,375,346.32
456,028,120.32
925,611.55
12,805,650.78
96,911,095.59
295,999,996.26
379,749,746.81
4,198,263.00
2,055,000.00
410,671,640.27
As on 31.03.2012
LIABILITIES
As on 31.03.2013 As on 31.03.2012
ASSETS
As on 31.03.2013
(in `) (in `) (in `) (in `)
milma
33
34
milma
By Closing Stock
4,065,274,950.05
TOTAL
264,823,677.62
3,800,451,272.43 Total
5,950,474.84
437,621,354.33
By Trade Income
By Sales
INCOME
4,065,274,950.05
4,065,274,950.05
194,064,599.27
6,104,450.29
3,865,105,900.49
(`)
3,991,322.00
To Interest paid
By Recoupment operation-deficit
By Miscellaneous Income
335,436,724.88
335,436,724.88
TOTAL
356,845,055.51
83,002,346.35
273,842,709.16
TOTAL
GRAND TOTAL
TOTAL
3,132,481.00
GRAND TOTAL
TOTAL
25,734,372.50
113,953,651.96
To Contingencies
127,030,881.70
To Establishment charges
335,436,724.88
252,434,378.53
83,002,346.35
356,845,055.51
356,845,055.51
6,447,558.49
85,573,819.40
By Gross Profit b/d 264,823,677.62
TOTAL
To Gross Profit
Total
To Trade Charges
3,259,968,347.67
96,911,095.59
To Opening Stock
To Purchase
(`)
EXPENDITURE
Abstract from the final Audited Accounts for the year 2013-2014
Trading and Profit & Loss Account for the year ended 31-03-2014(Consolidated).
milma
35
210,729,365.14
402,384,108.47
617,236,943.86
Adjusting heads-Due by
Funds,Reserves&Provisions
Interest Payable
Borrowings
Share Capital
83,539,513.23
283,717,832.75
1,903,682,134.76
TOTAL
Inter-Unit - Due by
300,893,093.00
173,605,732.74
247,949,374.57
85,431,117.27
1,429,927.75
1,264,301.78
1,375,346.32
456,028,120.32
2,341,915,776.98
1,903,682,134.76
98,058,126.88
Undistributed Profit
2,719,792.96
925,611.55
59,605,567.78
Capital Reserve
200,078,000.20
12,805,650.78
96,911,095.59
295,999,996.26
379,749,746.81
4,198,263.00
2,055,000.00
410,671,640.27
56,778,190.18
2,566,042.96
Corpus fund
661,346,012.47
403,796,524.27
311,024,049.14
2,365,322.63
16,968,875.00
21,169,000.00
193,630,466.71
2,365,322.63
25,473,669.45
21,169,000.00
TOTAL
Net Loss
Corpus Fund
Current Assets
Fixed Assets
Stock Deficit
General Stores(CPD)
Stock-in-trade
Inter-Unit - Due to
Investment in shares
2,341,915,776.98
252,434,378.53
99,043,787.23
1,429,927.75
1,300,729.40
519,947,060.92
925,611.55
10,765,481.32
194,064,599.27
337,897,314.66
438,268,941.82
5,161,949.00
2,055,000.00
478,620,995.53
As on 31.03.2013
LIABILITIES
As on 31.03.2014 As on 31.03.2013
ASSETS
As on 31.03.2014
(in `) (in `) (in `) (in `)
Sch No.
31-3-2013
31-3-2014
211.69
Source of Funds
Share Capital
211.69
2,107.52
3,112.01
Long-term loans
354.74
269.69
1,081.99
1,010.34
Total
3,755.94
4,603.73
Application of Funds
Fixed Assets
980.24
1,553.77
Capital Work-in-Progress
104.94
(60.78)
Investments
20.55
20.55
7,453.42
8,999.84
5,634.22
5,910.64
1,819.20
3,089.20
831.01
0.99
10
Total
3,755.94 4,603.73
Note: Previous Year (2012-2013) figure regrouped wherever necessary as we have incorporated audited figure in 2012-13.
36
milma
PROFIT & LOSS ACCOUNT FOR THE YEAR 2012-2013 & 2013-2014
(Audited)
(` in lakhs)
INCOME
Sch. No.
2012-13
2013-14
11
10,267.99
11,180.11
12
19,581.05
27,470.96
OTHER INCOME
13
521.88
664.73
14
48.36
21.05
CLOSING STOCKS
15
329.93
TOTAL
30,749.21
633.76
39,970.61
EXPENDITURE
OPENING STOCKS
16
409.32
329.93
17
23,936.04
31,543.94
18
2,029.83
2,478.88
MANUFACTURING EXPENSES
19
813.98
936.17
20
1,735.72
1,799.88
ADMINISTRATION EXPENSES
21
184.03
216.90
OTHERS
22
0.17
23
42.80
68.88
24
808.84
998.76
INTEREST
25
66.16
39.91
DEPRECIATION
26
202.26
257.34
TOTAL
30,229.15
38,670.59
520.06
1,300.02
180.55
470.00
339.51
830.02
27
Note: Previous Year (2012-2013) figure regrouped wherever necessary as we have incorporated audited figure in 2012-13.
milma
37
(` in lakhs)
Particulars
Share Capital
Sch No.
31-3-2013
31-3-2014
211.69
211.69
Total
211.69
211.69
38
milma
(` in lakhs)
Schedules to Balance Sheet as on
Particulars
Sch No.
31-3-2013
31-3-2014
9
Current Liabilities & Provisions
NDDB-SDC Special Fund
2,864.18
3,035.93
1,098.30
1,592.97
Creditors for goods supplied/others
255.17
111.80
Expenses Payable
379.36
483.09
EMD/SD
115.67
91.43
Outstanding to Employees/Misc recoveries
192.83
262.56
Outstanding liability payable
31.70
13.09
Income Tax
6.24
8.11
Sales tax/service tax
56.13
22.82
Employees PF
1.76
1.49
ESI
23.70
6.46
Audit cost payable
133.80
128.93
Deposit from Societies
250.65
96.28
Other Provisions &Reserves
224.73
55.68
Others
Total
Profit and Loss Account
10
milma
5,634.22
5,910.64
831.01
0.99
39
SCHEDULES TO PROFIT & LOSS ACCOUNT FOR THE YEAR 2012-2013 & 2013-2014
SALES MILK & MILK PRODUCTS
11
2012-13
2013-14
1,773.51
5,195.84
1,399.85
937.28
86.52
184.24
-
12.09
281.22
0.06
40.04
357.34
122.99
4,101.85
4,959.91
997.03
110.04
182.36
10,267.99
14.11
355.32
43.56
292.94
11,180.11
12
SALE OF CATTLE FEED & OTHERS
SALE - CF APCOS
15,346.71
22,394.12
1,104.32
762.43
SALE - CF DEALERS
2,945.77
4,177.61
SALE - CF DRDA/SLBP
47.75
49.89
SALE - MILMAMIN
52.29
36.75
SALE - CF GOVT FARMS
13.43
9.80
SALE - CF OTHERS
56.70
34.63
SALE - CF KVCS
13.45
5.73
SALE - CF GRAMAPANCHAYATH
0.63
INTER DEPARTMENT STOCK TRANSFER
TOTAL
19,581.05
27,470.96
13
OTHER INCOME
FREIGHT COLLECTED ON SALES
24.14
0.18
0.29
RENT:STAFF QTRS.
0.23
0.21
OTHER RECEIPTS/RENT:PARLOUR
42.55
33.34
CONVERSION CHARGES
SALE OF OLD GUNNIES
58.99
47.69
13.34
17.70
SALE OF SCRAP/OLD PL.BAG
0.12
0.16
AGRICULTURAL INCOME
29.57
31.45
MISC. INCOME
1.63
1.47
SALE OF TENDER FORMS
0.70
2.64
INSURANCE CLAIM RECEIVED
39.47
63.88
TECHNICAL CONSULTANCY
45.00
45.00
SERVICE CHARGES FROM UNIONS
16.71
23.84
RECEIPT - TRAINING CHARGES
41.20
RECOUPMENT OPERN. DEFICIT
13.23
18.38
COMPUTER CONSULTANCY CHARGES
194.82
207.03
CF PRICE INTERVENTION FUND
-
171.65
CORPUS FUND RECEIPT
TOTAL
40
milma
521.88
664.73
SCHEDULES TO PROFIT & LOSS ACCOUNT FOR THE YEAR 2012-2013 & 2013-2014
INTEREST & DIVIDEND
14
2012-13
2013-14
INTEREST ON FD
2.34
5.13
INTEREST ON S.B.ACCOUNT
0.33
0.20
-
45.53
-
0.05
15.31
0.10
0.16
0.26
TOTAL
CLOSING STOCK
15
48.36
-
21.05
-
16
329.93
409.32
633.76
329.93
17
3,234.77
4,301.28
3,479.09
3,209.80
445.37
1,064.88
REFRESH CONSUMED
130.87
111.16
GHEE CONSUMED
159.33
58.33
PEDA CONSUMED
1.49
1.34
12,783.89
15,020.33
SFM
4.75
5.08
DAIRY WHITENER
276.63
229.29
184.97
197.76
32.06
199.59
42.66
38.46
3,126.33
7,074.56
33.83
23,936.04
32.08
31,543.94
milma
41
SCHEDULES TO PROFIT & LOSS ACCOUNT FOR THE YEAR 2012-2013 & 2013-2014
PAYMENTS & BENEFITS TO EMPLOYEES
2012-13
2013-14
18
413.74
552.06
WAGES TO WORKERS
787.34
1,030.61
STIPEND TO APPRENTICES
6.42
7.53
OVERTIME
23.61
24.52
2.84
2.23
0.37
0.52
DAILY WAGES
4.03
2.72
0.07
0.31
27.59
35.20
0.04
0.03
EMPLOYERS'CONTR.TO P.F
115.79
132.56
32.45
37.91
PF ADMINISTRATION CHARGE
13.41
15.78
D.L.I SCHEME
1.56
1.47
0.59
0.66
BONUS
6.86
7.22
GRATUITY
3.00
12.53
EMPLOYERS'CONTR.TO E.S.I
19.36
23.90
1.20
2.75
SUBSIDY TO EMPLOYEES
1.56
1.61
FESTIVAL ALLOWANCE
5.92
6.36
LEAVE ENCASHMENT
62.83
76.86
INCENTIVES TO EMPLOYEES
42
0.16
218.94
391.76
21.76
26.26
187.48
3.61
CANTEEN
8.37
9.31
1.50
2.68
16.24
13.70
PERFORMANCE INCENTIVE
28.98
36.22
MD'S SALARY
15.68
19.60
MEDICAL REIMBURSEMENT
0.11
0.13
0.19
2,029.83
0.11
2,478.88
milma
SCHEDULES TO PROFIT & LOSS ACCOUNT FOR THE YEAR 2012-2013 & 2013-2014
MANUFACTURING EXPENSES
19
2012-13
2013-14
STORES CONSUMPTION
POWER & ELECTRICITY
FURNACE OIL & COCONUT SHELL
WATER FOR MANUFACTURING
GENERATOR EXPENSES
LAB. EXPENSES
AGMARK ISI EXPENSES
LEASE AND RENT
REPAIRS ELECTRICAL INSTALL.
REPAIRS PLANT & MACHINERY
REPAIRS TO FACTORY BUILDING
REPAIRS TO OTHER FACTORY ASSET
FACTORY MAINTENANCE(GENERAL)
R & M OTHER BUILDING
R&M LAB EQUIPMENTS
INSURANCE PLANT & MACHINERY
INSURANCE VEHICLE
INSURANCE STORES
INSURANCE CASH
TAXES & LICENSES
FREIGHT & HANDLING -INWARD
MISC. MANUFACTURING EXPENSES
94.90
276.13
284.38
0.66
29.37
15.11
3.39
0.02
1.29
52.64
4.78
0.15
5.24
0.62
0.66
5.14
0.14
0.96
0.12
6.84
30.43
1.01
91.93
288.80
321.95
0.81
31.84
16.70
2.21
1.95
73.42
37.56
0.24
7.14
3.42
1.42
5.15
1.28
0.11
7.09
40.82
2.33
TOTAL
813.98
936.17
20
SELLING & DISTRIBUTION
LOADING & FORWARDING CHARGES
118.36
132.55
CARRIAGE OUTWARDS
26.70
27.79
INCENTIVE TO WHOLESALERS
6.65
SPECIAL DISCOUNT
2.65
3.32
ADVERTISEMENT
14.87
48.16
SALES PROMOTION EXPENSES
10.63
41.17
PAYMENT TO TRANSP.CONTRACTOR
1,043.47
1,546.89
SALES INCENTIVE-APCOS STAFF
25.54
DISCOUNT TO APCOS
403.40
DISCOUNT TO DEALERS
50.25
DISCOUNT TO DRDA/SLBP
28.57
DISCOUNT TO MILMAMIN
2.02
DISCOUNT TO GRAMAPANCHAYATH
0.25
DISCOUNT TO OTHERS
1.87
SALES RETURN -CATTLE FEED
0.49
TOTAL
1,735.72
1,799.88
milma
43
SCHEDULES TO PROFIT & LOSS ACCOUNT FOR THE YEAR 2012-2013 & 2013-2014
ADMINISTRATION EXPENSES
21
RENT-OFFICES
PRINTING & STATIONERY
POSTAGE & TELEGRAMS
EPABX MAINTENANCE
TELEPHONE:OFFICE & QTRS
MEMBERSHIP FEE & SUBSCRIPTION
SEMINAR, DELEGATE FEE ETC.
NEWS PAPERS & PERIODICALS
LOCAL CONVEYANCE
TRAVELLING EXPENSES
VEH.MAINT (ADMN & MARKETING)
FUEL FOR VEHICLES
ADVERTISEMENT TENDER
OFFICE MAINTENANCE
GARDENING EXPENSES
MISC.EXPENSES
SECURITY CHARGES
STATUTORY AUDIT FEE & EXP.
PROF. & LEGAL FEES
CONSULTANT'S FEES & EXPENSES
COMPUTER MAINTENANCE EXPENSES
BANK CHARGES
T.A./D.A. TO AUDITORS
ELECTRICITY CHARGES
INSURANCE,RENT, RATES,TAXES ETC
WATER CHARGES
REPAIRS & MANIT OTHER ASSET
TRAINING EXPENSES
COMPUTER-SOFTWARE
R&M QUARTERS
R&M COMPOUND WALL & OTHER BLDGS
R&M GENERAL
R & M OFFICE FURNITURE & FIXT.
R&M OFFICE EQUIPMENTS
GEN.BODY MEETING EXPENSES
BOARD MEETING EXPENSES
OTHER MEETING EXPENSES
T.A. TO MANAGING DIRECTOR
SITTING FEES
HONORARIUM TO CHAIRMAN
44
milma
2012-13
0.08
12.68
3.31
0.06
7.06
-
0.15
0.34
0.53
18.05
1.81
4.10
5.89
4.40
1.29
2.26
25.37
35.09
4.47
0.45
3.20
5.95
1.57
4.49
0.83
0.19
1.08
0.52
0.02
-
3.89
0.85
0.03
0.41
4.00
0.78
1.70
2.18
0.47
2.40
2013-14
15.25
2.98
0.08
7.28
0.30
0.44
0.37
0.56
20.78
2.14
3.64
2.44
3.92
3.18
2.00
27.83
24.08
2.76
0.77
3.80
3.90
1.44
5.65
1.27
0.15
1.31
0.35
0.08
12.09
20.04
0.01
0.73
5.61
0.51
1.24
2.81
0.26
2.32
SCHEDULES TO PROFIT & LOSS ACCOUNT FOR THE YEAR 2012-2013 & 2013-2014
TA TO CHAIRMAN
ENTERTAINMENT EXP.
T.A. TO DIRECTORS
BAG CLEANING &BUNDL. CHARGE
HONORARIUM TO LECTURERS
HOSTEL MAINTENANCE
VEHICLE HIRING EXPENSES
TRAINEES BOARDING CHARGES
TA TO GUEST LECTURERS
TA TO TRAINEES
ISO 9002 EXPENSES
T.A. TO DIRECTORS - SEMINARS OUTSIDE STATES
TOTAL
OTHERS
LOSS ON SALE OF ASSET
22
1.47
0.28
3.15
3.12
1.14
0.02
9.13
3.20
0.14
0.01
0.27
0.15
184.03
0.17
1.44
0.14
4.41
3.31
1.03
0.06
13.33
4.19
0.15
0.31
0.19
3.97
216.90
-
TOTAL
0.17
TAXES & DUTIES
23
INCOMETAX
-
7.85
EXCISE DUTY
2.97
3.46
SERVICE TAX
39.83
57.57
TOTAL
42.80
68.88
PACKING MATERIAL CONSUMED
24
PACKING MAT. FOR FEED
469.24
604.29
PACKING MAT. FOR MILMAMIN
1.07
0.99
ST.THREADLINING & PRINT. CHA
4.92
5.18
PACKING MATERIAL-MILK &PROD.
333.61
388.30
TOTAL
808.84
998.76
INTEREST
25
INTEREST ON WORKING CAPITAL
35.31
10.10
INTEREST ON NDDB LOAN
18.37
12.78
INTEREST ON SOCIETY DEPOSIT
12.48
17.03
TOTAL
66.16
39.91
DEPRECIATION 26
202.26
257.34
DEPRECIATION 202.26 257.34
INCOME TAX
PROVISION FOR TAXATION
27
180.55
470.00
TOTAL
180.55
470.00
milma
45
46
milma
47
_ h-f-cpp.
h-f- F-hn-sS-bptm an-a A-hn-sS-bpv
\ap-v h-fcmw
Kerala Co-operative Milk Marketing
Federation Ltd.