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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART
SECTION
‐II,‐3, SUB‐SECTION (i)]
MINISTRY OF CORPORATE AFFAIRS
Notification
New Delhi dated the 7
G.S.R. 871 (E)
with clause (d) of sub
and in supersession of the Cost Accounting Records (Electricity Industry) Rules, 2001 vide
G.S.R. 913(E), dated the 21
to be done before such supersession, the Central Government hereby makes the
following rules, namely:
th, Dec, 2011‐ In exercise of the powers conferred by sub‐section (1) of section 642, read‐section (1) of section 209 of the Companies Act, 1956 (1 of 1956),st December, 2001, except as respects things done or omitted‐
1.
Records (Electricity Industry) Rules, 2011.
(2) They shall come into force on the date of their publication in the Official Gazette.
2.
Short Title and Commencement, – (1) These rules may be called the Cost AccountingDefinitions and Interpretations, – In these rules, unless otherwise requires,‐‐‐
(a)
“Act” means the Companies Act, 1956 (1 of 1956);
(b)
signed by a cost accountant in the specified form of compliance report;
“compliance report” means the compliance report duly authenticated and
(c)
defined in clause (b) of sub
Accountants Act, 1959 (23 of 1959) and who is either a permanent employee
of the company or holds a valid certificate of practice under sub
section 6 and who is deemed to be in practice under sub
2 of that Act and includes a firm of cost accountants;
“Cost Accountant” for the purpose of these rules means a cost accountant as‐section (1) of section 2 of the Cost and Works‐section (1) of‐section (2) of section
(d) “Cost Accounting Standards” means the standards of cost accounting, issued
by the Institute;
(e) “cost records” means books of account relating to utilisation of materials,
labour and other items of cost as applicable to the production, processing,
manufacturing or mining activities of the company;
(f) “electricity activities” means any act, process, procedure, function, operation,
technique, treatment or method employed in relation to generation of
electricity from any source of energy, and includes transformation,
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transmission, distribution, or supply of electricity by any mode, or medium,
and further includes intermediate and allied activities thereof;
(g) “Form
and other documents with the Central Government in the electronic mode;
(h) “Form
the compliance report;
(i) “Generally Accepted Cost Accounting Principles” means the principles of cost
accounting issued by the Institute;
(j) “Institute” means the Institute of Cost and Works Accountants of India
constituted under the Cost and Works Accountants Act, 1959 (23 of 1959);
(k) “product” means any tangible or intangible good, material, substance, article,
idea, know
human, mechanical, industrial, chemical, or natural act, process, procedure,
function, operation, technique, or treatment and is intended for use,
consumption, sale, transport, store, delivery or disposal;
(l) “product group” in relation to tangible products means a group of
homogenous and alike products, produced from same raw materials and by
using similar or same production process, having similar physical or chemical
characteristics and common unit of measurement, and having same or similar
usage or application; and in relation to intangible products means a group of
homogenous and alike products or services, produced by using similar or same
process or inputs, having similar characteristics and common unit of
measurement, and having same or similar usage or application;
(m) “turnover” means total turnover made by the company from the sale or supply
of all products or services during the financial year and it includes any turnover
from job work or loan license operations and the subsidies or grants or
incentives received but does not include any non
(n) all other words and expressions used in these rules but not defined, and
defined in the Act and rules made under clause (d) of sub
209 of the Act shall have the same meanings as assigned to them in the Act or
rules, as the case may be.
3.
as defined under section 591 of the Act, which is engaged in the production,
processing, or manufacturing of electricity activities and wherein, the aggregate value
of net worth as on the last date of the immediately preceding financial year exceeds
five crores of rupees; or wherein the aggregate value of the turnover made by the
company from sale or supply of all products or activities during the immediately
preceding financial year exceeds twenty crores of rupees; or wherein the company’s
‐A” means the form specified in these rules for filing compliance report‐B” means the form of the compliance report and includes Annexure to‐how, method, information, object, service, etc. that is the result of‐operational income;‐section (1) of sectionApplication, – These rules shall apply to every company, including a foreign company
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equity or debt securities are listed or are in the process of listing on any stock
exchange, whether in India or outside India:
Provided that these rules shall not apply to a body corporate governed by any
special Act.
4.
units and branches thereof shall, in respect of each of its financial year commencing
on or after the date of this notification, keep cost records and the books of account
so maintained shall contain, inter
mentioned in the Schedule annexed to these rules.
(2) The cost records referred to in sub
such manner so as to make it possible to calculate per unit cost of production
or cost of operations, cost of sales and margin for each of its products and
activities for every financial year on monthly or quarterly or half
annual basis.
(3) The cost records shall be maintained in accordance with the generally
accepted cost accounting principles and cost accounting standards issued by
the Institute; to the extent these are found to be relevant and applicable and
the variations, if any, shall be clearly indicated and explained.
(4) The cost records shall be maintained in such manner so as to enable the
company to exercise, as far as possible, control over the various operations
and costs with a view to achieve optimum economies in utilization of
resources and these records shall also provide necessary data which is
required to be furnished under these rules.
(5) All such cost records and cost statements, maintained under these rules shall
be reconciled with the audited financial statements for the financial year
specifically indicating expenses or incomes not considered in the cost records
or statements so as to ensure accuracy and to reconcile the profit of all
product groups with the overall profit of the company and the variations, if
any, shall be clearly indicated and explained.
(6) All such cost records, cost statements and reconciliation statements,
maintained under these rules,
financial years immediately preceding a financial year or where the company
had been in existence for a period less than eight years, in respect of all the
preceding years shall be kept in good order.
Maintenance of records, – (1) Every company to which these rules apply, including all‐alia, the particulars specified in Proformae A to H‐rule (1) shall be kept on regular basis in‐yearly orrelating to a period of not less than eight
(7) Every person, referred to in sub
Companies Act, 1956 (1 of 1956), shall take all reasonable steps to secure
compliance by the company with the provisions of these rules in the same
manner as he is liable to maintain accounts required under sub
section 209 of the said Act.
‐section (6) and (7) of section 209 of the‐section (1) of
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5.
submit a compliance report, in respect of each of its financial year commencing on or
after the 1
Annexure to the Central Government, in the specified form.
6.
compliance report referred to in rule 5 to the Central Government within a period of
one hundred and eighty
the compliance report relates.
7.
compliance report shall be approved by the Board of Directors and certified by the
Cost Accountant before submitting the same to the Central Government by the
company.
8.
provisions of these rules, he shall be punishable with fine, which may extend to five
thousand rupees.
(2) For contravention of these rules,
Form of the Compliance Report, – Every company to which these rules apply shallst day of April, 2011, duly certified by a Cost Accountant, along with theTime limit for submission of Compliance Report, – Every company shall submit thedays from the close of the company’s financial year to whichAuthentication of Annexure to the Compliance Report, – The Annexure to thePenalties, – (1) If default is made by the Cost Accountant in complying with the‐
(a) the company shall be punishable as provided under sub
section 642 of the Act; and
(b) every officer thereof who is in default, including the persons referred to in
sub
under sub
1956).
9.
Rules, 2001, shall not in any way affect
‐section (2) of‐section (6) of section 209 of the Act, shall be punishable as provided‐sections (5) and (7) of section 209 of Companies Act, 1956 (1 ofSavings, – The supersession of the Cost Accounting Records (Electricity Industry)‐
(a) any right, obligation or liabilities acquired, accrued or incurred
thereunder;
(b) any penalty, forfeiture or punishment incurred in respect of any
contravention committed thereunder; and
(c) any investigation, legal proceeding or remedy in respect of any such right,
privilege, obligation, liability, penalty, forfeiture or punishment as
aforesaid, and; any such investigation, legal proceeding or remedy may be
instituted, continued or enforced and any such penalty, forfeiture or
punishment may be imposed as if those rules had not been superseded.
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FORM
documents with the Central Government
[Pursuant to section 209(1)(d), 600(3)(b) of the Companies Act, 1956 and rule 2 of the Cost Accounting
Records (Electricity Industry) Rules, 2011]
PART I
Note: All fields marked in * are to be mandatorily filled.
‐A Form for filing Compliance Report and other‐ GENERAL INFORMATION
1 (a) *Corporate identity number (CIN) or
foreign company registration number of
the company
Pre
‐Fill
(b) Global location number (GLN) of
company
2 (a) *Name of the company
(b) *Address of the registered office or of
the principal place of business in India
of the company
(c) *E
3 (a) *Financial year covered by the
compliance report
From
(DD/MM/YYYY)
To (DD/MM/YYYY)
(b) *Date of Board of directors’ meeting in which annexure
to the compliance report was approved
(DD/MM/YYYY)
4.
‐mail Address of the companyDetails of the cost accountant
(a) *Category of the cost accountant Individual Cost accountant’s
firm
(b) In case of individual, whether the cost accountant
is in permanent employment of the company or in
practice
In Employment In Practice
(c) *Name of the cost accountant or the
cost accountant’s firm who has certified
the cost records of the company
(d) *Income tax permanent account number of the cost accountant or the cost
accountant’s firm
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(e) *Membership number of cost accountant or cost accountant’s firm’s
registration number
(f) Address of the cost accountant or cost accountant’s firm
(i) Line I
Line II
(ii) City
(iii) State
(iv) Country
(v) Pin Code
(g) *E
cost accountant’s firm
5.
‐mail ID of the cost accountant or*Quantitative Information
Sno. Name of the Product or Service Group Unit Annual Net Sales
Production
(Quantity)
(Quantity) (Value in
Rupees)
A Produced or Manufactured Product
1.
2.
3. etc.
B Services Groups
1.
2.
3. etc.
C Trading Activities (Product Group
1.
2.
3. etc.
D Other Income
Total Income as per Financial Accounts
‐wise)
PART
Attachments:
‐II
1
Compliance report as per the Cost Accounting Records
(Electricity Industry) Rules, 2011
Attach
2 Optional attachments(s) – if any
Attach
List of attachments
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Remove attachment
Verification:
To the best of my knowledge and belief, the information given in this form and its attachments is correct
and complete.
I have been authorised by the Board of directors’
resolution number
dated
(DD/MM/YYYY)
to sign and submit this form.
I am authorised to sign and submit this form.
To be digitally signed by:
Managing Director or director or manager or secretary (in case of an Indian company)
or an authorised representative (in case of a foreign
company)
Digital
Signatures
*Designation
*Director identification number of the director or Managing Director; or Income
of the manager or of authorised representative; or Membership number, if applicable or
income
may quote his/her income
Director of the company
Digital
Signatures
Director identification number of the director
‐tax PAN‐tax PAN of the secretary (secretary of a company who is not a member of ICSI‐tax PAN)
Modify Check Form Pre
This e
on the basis of statement of correctness given by the filing company
‐scrutiny Submit‐form has been taken on file maintained by the Central Government through electronic mode and
FORM
‐B
FORM OF COMPLIANCE REPORT
[See rule 2, and rule 5]
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I or We ........................................... being in permanent employment of the company or in
practice, and having been appointed as cost accountant under Rule 5 of the Cost Accounting
Records (Electricity Industry) Rules, 2011 of …...........................................................
of the company)
registered office address of the company)
examined the books of account prescribed under clause (d) of sub
said Act, and other relevant records for the period/year .............................
year)
1 I or We have or have not obtained all the information and explanations, which to the best of
my or our knowledge and belief were necessary for the purpose of this compliance report.
2 In my or our opinion, proper cost records, as per the Cost Accounting Records (Electricity
Industry) Rules, 2011 prescribed under clause (d) of sub
Companies Act, 1956, have or have not been maintained by the company so as to give a true
and fair view of the cost of production or operation, cost of sales and margin of all the
products and activities of the company.
3 Detailed unit
respect of the product groups or activities are or are not kept in the company.
4 In my or our opinion, the said books and records give or do not give the information required
by the Companies Act, 1956 in the manner so required.
5 In my or our opinion, the said books and records are or are not in conformity with the
generally accepted cost accounting principles and cost accounting standards issued by The
Institute of Cost and Works Accountants of India, to the extent these are found to be relevant
and applicable.
Dated: this ____ day of _________ 20__ at _________________ (
signing this report
SIGNATURE & SEAL OF THE COST ACCOUNTANT (S)
MEMBERSHIP NUMBER (S)
NOTES:
(i) Delete words not applicable.
(ii) If as a result of the examination of the books of account, the cost accountant desires to
point out any material deficiency or give a qualified report, he shall indicate the same
against the relevant para.
(iii) Briefly give your observations and suggestions, if any, relevant to the maintenance of cost
accounting records by the company.
(mention namehaving its registered office at ..................................................... (mention(hereinafter referred to as the company), have‐section (1) of section 209 of the(mention the financialand certify as under:‐section (1) of section 209 of the‐wise and product or activity‐wise cost statements and schedules thereto inmention name of place of)
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(iv) Cost accountant may use separate sheet(s) for (ii) and (iii) above, if required.
ANNEXURE TO THE COMPLIANCE REPORT
[See rule 2 and rule 5]
1. GENERAL:
a) Name of the company:
b) Registered office address:
c) Financial year to which the Compliance Report relates.
2. QUANTITATIVE INFORMATION:
Sno. Name of the Product or Service Net Sales
Group
Unit Annual
Production
(Qty.)
(Qty.) (Value in
Rupees)
A Produced or Manufactured Product
Groups
1.
2.
3. etc.
B Services Groups
1.
2.
3. etc.
C Trading Activities (Product Groupwise)
1.
2.
3. etc.
D Other Income
Total Income as per Financial Accounts
3. RECONCILIATION STATEMENT:
Net Margin (Profit or Loss) as per Cost Accounts (In Rupees)
A. From Produced or Manufactured Product Groups
B. From Services Groups
C. From Trading Activities
Total as per Cost Accounts
Add: Incomes not considered in Cost Accounts (if any)
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Less: Expenses not considered in Cost Accounts (if any)
Add/Less: Difference in Stock Valuation
Profit or (Loss) as per Financial Accounts
NOTES:
(i) For produced or manufactured product groups, use the nomenclature as used in the
Central Excise Act or Rules, as applicable.
(ii) For services groups, use the nomenclature as used in the Finance Act or Central
Service Tax Rules, as applicable.
SIGNATURE
NAME
COST ACCOUNTANT (S)
MEMBERSHIP NUMBER (S)
SEAL
DATE
"SCHEDULE”
[See rule 4]
PROFORMA 'A'
Statement showing the cost of utilities like water collection, water treatment, ash
handling plant, effluent treatment, etc
Name of the Company
Name and address of the Plant
Name of the Utility
For the period
I Quantitative Information
Sno. Particulars Unit Current
Year
Previous
Year
A1 Installed capacity
2 Quantity produced
3 Capacity utilization %
4 Quantity re
5 Quantity purchased, if any
6 Self
specified)
7 Net units consumed
B1 Gross fixed assets at the end of the year /period Rs./Lakh
2 Net fixed assets at the end of the year/period Rs./Lakh
3 Date of commissioning
‐circulated‐consumption including other losses (to be
‐
11 ‐
II Cost Information
:
Sno. Particulars Quantity Rate (Rs.
per unit)
Amount
(Rupees)
Cost per unit (Rupees)
Current
Year
Previous
Year
1 Materials consumed (specify
details)
a) Indigenous purchased
b) Imported
d) Self manufactured/produced
2 Utilities (specify)
3 Direct Employees Cost
4 Direct Expenses
5 Consumable Stores and Spares
6 Repairs and Maintenance
7 Depreciation
8 Other Overheads
9 Total
10 Less: Credits, if Any
11 Net total
Apportioned to cost centre or
activity :
Basis Qty Amount
i.
ii.
iii.
iv. etc.
PROFORMA 'B'
Statement showing the cost of procurement of coal, lignite, gas, naphtha, fuel oil,
bagasse or any other primary or secondary conventional or non
‐conventional fuel
Name of the Company
Name and address of the Plant
Name/Type of Fuel
For the period
Sno. Particulars Quantity Rate Amount Cost per unit (Rupees)
Rs. per
Unit
Rs. Current
Year
Previous
Year
A1
Purchase :
(a) Total purchased
(b) Less: deduction for driage, loss in
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12 ‐
Sno. Particulars Quantity Rate Amount Cost per unit (Rupees)
Rs. per
Unit
Rs. Current
Year
Previous
Year
transit etc.
(c) Net weight of receipt at the gate
2 Other Incidental Charges :
(a) Commission or brokerage paid
(b) Loading and unloading
(c) Taxes and levies
(d) Transportation charges
(e) Others, if any (specify)
(f) Sub total
3 Total 1(c) + 2(f)
B Fuel procured from own or leased
land or companies
1 Opening balance in the land or
companies
2 Procurement during the year and the
related expenses :
(a) Royalty
(b) Storage
(c) Expenses at collection centres
(specify)
(d) Share of land development
expenses, if any
(e) Sub total
3 Less : Expenses for Driage, Burning,
Pilferage etc.
4 Less : Closing Stock
5 Net quantity transferable to factory
gate
6 Other incidental charges :
(a) Loading and unloading
(b) Transportation charges
(c) Others, if any (specify)
(d) Sub total
7 Total quantity or cost at the factory
gate (5+6)
C Total (A3+B7)
D Cost of issues from storage :
1 Opening Stock at Storage
2 Transferred from gate (item C above)
3 Sub total (1+2)
4 Less : Deduction for Driage and other
losses at storage
5 Less : Closing Stock
6 Cost of net quantity transferred to
Proforma ‘C’
PROFORMA ‘C’
Statement showing the Cost of generation of Power (Thermal or Hydroelectric or Gas
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Turbine or Atomic or Wind or Solar, etc.)
Name of the Company
Name and Address of the Generating Unit
Type of Generation
For the Period/Year
I Quantitative Information
:
Sno. Particulars Unit Current
Year
Previous
Year
A1 Installed Capacity
2 Minimum power to be purchased under PPA
3 Planned Outage
4 Forced Outage
5 Plant Availability
6 Loss due to backing down
7 Reserve Outage
8 Partial Unavailability Factor
9 Power Generated
10 Plant Load Factor
11 Auxiliary Power Consumption
12 Free supply, if any, to employee and office
13 Net Power Generated
14 Add Power Purchased, if any
15 Power Available for Transmission
16 Station Heat Rate (Kcal or KWH)
B1 Gross Fixed Assets at the end of the year/period Rs. Lakhs
2 Net Fixed Assets at the end of the year/period Rs. Lakhs
3 Date of Commissioning
II Cost Information
Sno. Particulars Quantity and
calorific
value of the
fuel used
Rate
Amount Cost per unit
(Rs./KWH)
Rs. per
Unit
Rs. Current
Year
Previous
Year
1 Material/Fuel cost:
IMPORTED
(a) Coal
(b) Lignite
(c) Naphtha or Oil
(d) Gas
(e) Bagasse
(f) Others (specify)
INDIGENOUS
(a) Coal
(b) Lignite
(c) Naphtha / Oil
(d) Gas
(e) Bagasse
(f) Others (specify)
Total Material or Fuel cost
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Sno. Particulars Quantity and
calorific
value of the
fuel used
Rate
Amount Cost per unit
(Rs./KWH)
Rs. per
Unit
Rs. Current
Year
Previous
Year
2 Utilities, (specify)
3 Direct Employees cost
4 Consumable Stores and Spares
5 Repairs and Maintenance
6 Insurance
7 Lease Rent, if any
8 Ash handling
9 Research and Development
10 Royalty or Technical know
any
11 Depreciation or Amortization
12 Other Plant Overheads
13 Administrative Overhead
14 Total (1 to 13)
15 Less: Credits, if any (specify)
16 Cost of Generation
17 Selling Expenses, if any
18 Cost of Sales
19 Interest and Financing Charges :
20 Total cost of generation (excluding
electricity duty and other statutory
levies) transferred to Proforma 'D'
21 Add : Shortfall in minimum off
quantity of power by Electricity Board,
etc.
22 Total (20+21)
23 If sold, Sales Realisation:
(i) at Notified rates approved by
Regulatory Bodies)
(a) Base Amount
(b) Incentive Amount
(c) Others (specify)
(ii) Sales at other than notified rates
(a) Base amount
(b) Incentive amount
(c) Others (specify)
(iii) Total (i) +(ii)
24 Margin (23
‐how fee, if‐take‐22)
PROFORMA 'D'
Statement showing the cost of Transmission or Distribution
Name of the Company
Name and Address of the Generating Unit
For the Period/Year
I Quantitative Information
:
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Sno. Particulars Unit Current
Year
Previous
Year
A1 Surge Impendence Loading(SIL) or Rated Voltage
2 Power received from generating units including
purchased, if any
3 Loss in transmission or distribution
4 Self Consumption for employees and office
5 Net Power Transmitted or Distributed
6 Length of Transmission or Distribution lines
B1 Gross Fixed Assets at the end of the year/period Rs. Lakhs
2 Net Fixed Assets at the end of the year/period Rs. Lakhs
3 Date of Commissioning
II Cost Information
Sno. Particulars Quantity Rate Amount Cost per Unit (Rs.)
Rs. per
Unit
Rs. Current
Year
Previous
Year
1 Cost of Power :
(a) Self generated transferred from
Proforma ‘C’
(b) Purchased
‐
(i) Thermal
(ii) Hydro
(iii) Atomic, etc.
(c) Sub
2 Utilities, (specify details)
3 Direct Employees Cost
4 Consumable Stores and Spare
5 Repairs and Maintenance:
(a) Sub
(b) Transmission Lines
6 Insurance
8 Lease Rent, if any
9 Quality Control Expenses
10 Research and Development
11 Royalty or Technical know
any
12 Depreciation or Amortization
13 Other Plant Overheads
14 Total Cost of Transmission/Distribution
15 Less: Credits, if any
16 Administrative Overheads
17 Selling Expenses
18 Interest and Financing Charges :
19 Cost of Sales
‐electric‐Total‐station‐how fee, if‐
20 Total cost of Transmission or
Distribution transferred to Proforma 'E'
21 If sold, sales realization or
Transmission Charges or Distribution
Charges
i) at Notified rates approved by
Regulatory Bodies)
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16 ‐
Sno. Particulars Quantity Rate Amount Cost per Unit (Rs.)
Rs. per
Unit
Rs. Current
Year
Previous
Year
(a) Base amount
(b) Incentive amount
(c) others (specify)
(ii) Sales at other than notified rates
(a) Base amount
(b) Incentive amount
(c) Others (specify)
(iii) Total (i) +(ii)
22 Margin (20
23 Add: Export Benefits and Incentives, if
any
24 Total Margin (21 + 22)
‐19)
PROFORMA 'E'
Statement showing the cost of supply (consumer servicing and billing, etc.)
Name of the Company
Name and Address of the Supplying Unit
For the Period/Year
I. Quantitative Information
:
Sno. Particulars Current Year Previous Year
A1 Installed Capacity
2 Power Received
Number of
consumers
Unit Number of
consumers
Unit
3 Power Supplied :
(a) Domestic
(b) Commercial
(c) Industrial
(d) Public Lighting
(e) Agriculture
(f) Others
Total (a to f)
4 Losses
5 Area Covered (square KM)
B1 Gross fixed assets at the end of the year/period
(Rs./Lakhs)
2 Net fixed assets at the end of the year/period
(Rs./Lakhs)
3 Date of Commissioning
II. Cost Information
Sno. Particulars Quantity Rate Amount Cost per unit (Rupees)
Rs. per
Unit
Rs. Current
year
Previous
Year
1 Cost of Power :
(a) Transferred Proforma 'D’
(b) Purchased
(c) sub total
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17 ‐
Sno. Particulars Quantity Rate Amount Cost per unit (Rupees)
Rs. per
Unit
Rs. Current
year
Previous
Year
2 Direct Employees Cost
(a) Maintenance of lines
(b) Billing including meter reading
(c) Others (specify)
Sub total (a to c)
3 Consumables Stores and Spares
4 Servicing and Contract Work
5 Insurance
6 Depreciation
7 Lease Rent, if any
8 Other Supply Overheads
9 Administrative Overhead:
10 Total (1 to9)
11 Selling Expenses
12 Interest (net of Interest on consumer
deposits)
13 Total Cost of Sales
14 Sales Realization
15 Margin (14
16 Average Sale Realization
(a) Domestic
(b) Commercial
(c) Industrial
(d) Public Lighting
(e) Agriculture
(f) others
‐13)
18
PROFORMA ‘F’
Statement showing Activity
‐wise Capital Cost of Plant and Machinery or Equipment relating Electricity Activity and other common services or activities
Name of the Company
Name and Address of the Plant/Unit
For the Period/Year
Sno. Particulars Gross Block Depreciation Net Block
Assets (Specify assets
activity wise)
Cost as at
beginning of
the year
Additions or
Transfers
during the
year
Deductions
or Transfer
during the
year
Total Cost at
the end of
the year
As at
beginning of
the year
For the year On
deductions
during the
year
Total at the
end of the
yea
As at
beginning of
the year
As at the end
of the year
A. Generation (specify)
1.
2.
etc
B. Transmission
1.
2.
etc
C. Distribution
1.
2.
etc
D. Servicing or Billing or Administrative or Marketing
1.
2.
etc
E. Common
1.
2.
F. Others
1.
2.
H. Grand Total as per Audited
Accounts (A to G)
19
PROFORMA ‘G’
Statement showing Allocation and Apportionment of Total Expenses and Income of the Company
Name of the Company
Name and Address of the Plant/Unit
For the Period/Year
(Amount in Rupees)
Sno. Particulars Total
Expenses
as per
Audited
Financial
Accounts
Total as per
Annual
Accounts of
Generation
Units
Total as per
Annual
Accounts of
Transmissio
n Units
Total as
per
Annual
Accounts
of
Distributi
on Units
Total as
per
Annual
Accounts
of supply
or billing
Units
Other
activities
(specify)
Utilities
(separate
ly for
each)
Factory
Overhead
s
Administr
ation
Overhead
s
Marketin
g or
Selling
and
Distribution
Other
cost
centres
(specify)
Non Cost
Expenses
1. Direct Materials (specify)
2. Process Materials (specify)
3. Chemicals (specify)
4.
Power & Fuel
a) Fuel
b) Own Production
5.
Employee Benefits:
a) Salaries, Wages, Bonus Etc.
b) Contribution to Provident and
Other Funds
c) Staff Welfare Expenses
6. Consumable Stores and Spares
7.
Repairs and Maintenance
a) Plant & Machinery
b) Buildings
c) Transmission and Distribution
Assets
d) Others
20
Sno. Particulars Total
Expenses
as per
Audited
Financial
Accounts
Total as per
Annual
Accounts of
Generation
Units
Total as per
Annual
Accounts of
Transmissio
n Units
Total as
per
Annual
Accounts
of
Distributi
on Units
Total as
per
Annual
Accounts
of supply
or billing
Units
Other
activities
(specify)
Utilities
(separate
ly for
each)
Factory
Overhead
s
Administr
ation
Overhead
s
Marketin
g or
Selling
and
Distribution
Other
cost
centres
(specify)
Non Cost
Expenses
8. Other Direct Expenses (specify)
9. Rent
10. Insurance
11. Rates and Taxes
12. Payment To Auditors
13. Traveling and Conveyance
14. Communication Expenses
15. Printing and Stationery
16. Bank Charges
17. Sales Promotion Expenses
18. Handling Expenses
19. Miscellaneous Expenses
20. Transportation Charges
21. Quality Control
22. Royalty or Technical Know
23. Technical Assistant Fees
24. Other Statutory Levies
25. Cess
26. Lease Rent
27. Research and Development
28. Borrowing Charges
29. Loss on Assets Sold, Lost or
Written Off
30. Exchange Rate Fluctuations
31. Provision For Doubtful Debts,
Advances, Claims & Obsolescence
‐how
21
Sno. Particulars Total
Expenses
as per
Audited
Financial
Accounts
Total as per
Annual
Accounts of
Generation
Units
Total as per
Annual
Accounts of
Transmissio
n Units
Total as
per
Annual
Accounts
of
Distributi
on Units
Total as
per
Annual
Accounts
of supply
or billing
Units
Other
activities
(specify)
Utilities
(separate
ly for
each)
Factory
Overhead
s
Administr
ation
Overhead
s
Marketin
g or
Selling
and
Distribution
Other
cost
centres
(specify)
Non Cost
Expenses
32. Provision for Cost Adjustment
33. Interest on Security Deposit
34. Delayed Payment Surcharge
35. Provision for Contingencies
36. Depreciation or Depletion
37. Total Expenses
38. Less, Credit for Recoveries
39. Less, Self Consumption, if any,
40.
electricity Duty and other
statutory levies, if any
Total Cost of Sales excluding
41.
Electricity Duty
42.
Duty and other statutory levies, if
any
Total Cost including electricity
43.
Electricity Duty and other
statutory levies, if any
Total Sales Realization excluding
44. Add: Export Benefit, if any
45.
Account
Profit as per Profit and Loss
22
PROFORMA ‘G
Statement showing Apportionment of Overheads
‐1’
Name of the Company
Name and Address of the Unit
For the Period/Year
Cost Centres Factory
Overheads
Administration
Overheads
Marketing /
Selling &
Distribution
Other
Overheads
(specify)
Rs. Rs. Rs. Rs.
Utilities (specify)
Cost Centres (specify)
1.
2.
3.
4.
Others (specify)
Total (as per Proforma H)
Proforma ‘H’
Statement of Profit Reconciliation (for the company as a whole)
Name of the Company
For the Period/Year
Sno. Particulars Current
Year (Rs)
Previous
Year (Rs)
1 Profit or Loss as per Cost Accounting Records
a)For the audited product groups
b)For the un
2 Add: Incomes not considered in cost accounts:
(a) Specify
(b)
(c)
(d)
3 Less: Expenses not considered in cost accounts:
(a) Specify
(b)
(c)
(d)
4 Add: Overvaluation of Closing Stock in Financial Accounts
5 Add: Undervaluation of Opening Stock in Financial Accounts
6 Less: Undervaluation of Closing Stock in Financial Accounts
7 Less: Overvaluation of Opening Stock in Financial Accounts
8 Adjustments for others, if any (specify
9 Profit or Loss as per Financial Accounts
‐audited product groups
Notes:
23
1. Separate cost statement shall be prepared for each major utility in Proforma ‘A’.
2. Separate cost statement shall be prepared for different kind of materials or fuels
such as coal, lignite, gas, naphtha, bagasse, etc (for indigenous and imported
material separately) in Proforma ‘B’. In case of imported materials or fuels, details
such as FOB price, freight, insurance, other landing charges etc. shall be indicated
in a separate statement.
3. Any adjustment for incentives or penalties or other charges (like VAT etc.)
charged by the supplier in the current year bills relating to material or fuel
received during previous year(s) shall be excluded from current year cost and
indicated by way of a foot note.
4. Where the company has its own facilities or mines to produce coal, lignite, etc.,
cost of raising such material shall be worked out in detail using Proforma 'B', to be
suitably modified.
5. Separate plant
‘C’ for each type of generation viz. Hydro
captive consumption, power sold within the country and the power exported.
Expenses incurred on export and the incentive earned thereon shall be indicated
in the proforma applicable for the quantity produced and exported. Cost per unit
shall be computed with reference to net units of power generated.
6. Separate Cost Statement shall be prepared in Proforma ‘D’ for cost of
transmission and cost of distribution. Proforma used for working out cost of
transmission shall be named as D
and areas. Proforma used for working out cost of distribution
modifications) shall be named as D
major zones and areas.
7. Proforma ‘E’ meant for supply or distribution activity may be suitably modified to
meet the requirement of the industry.
8. The items of cost shown in the proforma are indicative and the same shall be
reflected keeping in mind the materiality of each item of cost in the product and
activity group.
9. If the company enters into a wheeling arrangement for transmission, necessary
payment or receipt may be recorded as separate item under the relevant
proforma.
10. All items of income, expenditure and margin in Proforma ‘G’ and ‘H’ shall be
reconciled with the financial accounts for the relevant period/year.
[F. No. 52/7/CAB
B.B.GOYAL
Adviser (Cost)
‐wise and unit‐wise cost statement shall be prepared in Proforma‐electric, Thermal, Atomic, etc and for‐I and shall be prepared for each major zones(after suitable‐II and shall be prepared voltage‐wise for each‐2011]
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