annual-report-FY2021

331 MAHINDRA & MAHINDRA LTD. INTEGRATED ANNUAL REPORT 2020-21 23. Other Income Rupees crores Particulars 2021 2020 Interest Income – On financial assets carried at amortised cost...................................................................................................... 448.21 398.92 – On financial assets carried at FVTOCI................................................................................................................... 7.65 45.78 Dividend income – Mutual funds.......................................................................................................................................................... 5.38 63.54 Net gains/(losses) on financial instruments............................................................................................................. 380.99 296.49 Profit on sale of property, plant and equipment and intangible assets.............................................................. 5.54 84.66 Other non-operating income (net of directly attributable expenses).................................................................. 185.34 139.30 Total ............................................................................................................................................................................ 1,033.11 1,028.69 24. Cost of Materials Consumed Rupees crores Particulars 2021 2020 Opening inventory .................................................................................................................................................... 3,863.48 4,070.78 Add: Purchases........................................................................................................................................................... 32,857.55 32,091.24 36,721.03 36,162.02 Less: Adjustment on account of deconsolidation of subsidiary............................................................................ (501.39) (66.92) 36,219.94 36,095.10 Less: Closing Inventory.............................................................................................................................................. 3,357.03 3,863.48 Foreign currency translation difference.................................................................................................................. (65.35) 90.18 Total ............................................................................................................................................................................ 32,797.56 32,321.80 25. Changes in inventories of finished goods, work-in-progress and stock-in-trade Rupees crores Particulars 2021 2020 Inventories at the beginning of the year: Finished goods produced.......................................................................................................................................... 3,468.99 4,042.95 Work-in-progress....................................................................................................................................................... 484.04 513.87 Stock-in-trade. ........................................................................................................................................................... 1,223.23 1,343.37 Manufactured Components...................................................................................................................................... 130.33 166.00 5,306.59 6,066.19 Less: Stock on disposal/deconsolidation of subsidiary Finished goods produced.......................................................................................................................................... (575.21) 4.42 Work-in-progress....................................................................................................................................................... (155.66) (10.51) Stock-in-trade. ........................................................................................................................................................... (241.70) (30.40) Manufactured Components...................................................................................................................................... (11.40) 1.78 (983.97) (34.71) Less: Inventories at the end of the year: Finished goods produced.......................................................................................................................................... 2,717.90 3,468.99 Work-in-progress....................................................................................................................................................... 360.17 484.04 Stock-in-trade. ........................................................................................................................................................... 935.93 1,223.23 Manufactured Components...................................................................................................................................... 148.95 130.33 4,162.95 5,306.59 Foreign currency translation difference.................................................................................................................. (24.08) 101.73 Net (increase)/decrease in inventory . ..................................................................................................................... 135.59 826.62