Atul Ltd 2011-12

Atul Ltd | Annual Report 2011-12 (g) Break-up of depreciation for the year ( ` cr) 2011-12 2010-11 Depreciation | Amortisation for the year 50.62 40.42 Add: Amortisation of Leasehold land 0.28 0.28 Less: Amount withdrawn from Revaluation reserve (see Note 3) 2.06 2.06 Less: Depreciation on acquisition of Atul Bioscience Ltd 2.71 - Less: Depreciation on acquisition of DPD Ltd 2.04 - Less: Depreciation on proportionate consolidation of Rudolf Atul Chemicals Ltd 0.07 - Depreciation | Amortisation as per Statement of Profit and Loss 44.02 38.64 ( ` cr) NOTE 12 NON-CURRENT INVESTMENTS* As at March 31, 2012 As at March 31, 2011 Trade Investments, unquoted Investments in Equity Instruments Bharuch Enviro Infrastructure Ltd 0.07 0.07 Narmada Clean Tech Ltd 0.65 0.65 Other investments 0.72 0.72 Investments in Equity Instruments, Quoted In Associate Companies Amal Ltd 0.64 0.64 Less: Cost of investments adjusted to general reserve as loss in associate company exceed the cost 0.24 0.24 Less: Provision for diminution in value 0.40 0.40 - - In Others Novartis India Ltd 1.02 1.02 Arvind Ltd (refer Note 27.15) 46.64 46.64 ICICI Bank Ltd 0.14 0.14 Wyeth Ltd 1.50 1.50 BASF India Ltd 0.84 0.84 Jain Irrigation Systems Ltd**** 0.02 0.02 Nagarjuna Oil Refinery Ltd *** - - 50.16 50.16 Investments in Equity Instruments, Unquoted In Associate Companies Atul Bioscience Ltd Cost of acquisition (net of capital reserve of ` Nil, Previous year ` 0.91 cr) - 2.75 Add: Group share of profits for the year - 0.54 - 3.29 AtRo Ltd 0.50 0.50 Less: Cost of investments adjusted to general reserve as loss in associate company exceed the cost 0.50 0.50 Notes to Consolidated financial statements NOTE 11 FIXED ASSETS (contd)