Atul Ltd 2016-17

209 ( ` cr) Summarised Balance Sheet Amal Ltd As at March 31, 2017 As at March 31, 2016 As at April 01, 2015 Current assets 10.12 – – Current liabilities 12.04 – – Net current assets (1.92) – – Non-current assets 27.90 – – Non-current liabilities 5.93 – – Net non-current assets 21.97 – – Net assets 20.05 – – Accumulated NCI 12.68 – – ( ` cr) Summarised Statement of Profit and Loss Amal Ltd 2016-17 2015-16 Revenue 8.12 – Profit for the year 0.35 – Other Comprehensive Income 0.01 – Total Comprehensive Income 0.36 – Profit allocated to NCI 0.23 – Dividends paid to NCI – – ( ` cr) Summarised cash flows Amal Ltd 2016-17 2015-16 Cash flows from operating activities 4.14 – Cash flows from investing activities (1.47) – Cash flows from financing activities (1.16) – Net increase|(decrease) in cash and cash equivalents 1.51 – c) Transactions with non-controlling interests The Group acquired additional stake of 49% in Anchor Adhesives Pvt Ltd. Immediately prior to the purchase, the carrying amount of the existing 49% non-controlling interests was ` 0.19 cr. The Group recognised a decrease in non-controlling interests of ` 0.19 cr and decrease in equity attributable to owners of the parent of ` 1.89 cr. The effect on the equity attributable to the owners of the Company during the year is summarised as follows: ( ` cr) Particulars As at March 31, 2017 As at March 31, 2016 Carrying amount of non-controlling interests acquired – 0.19 Consideration paid to non-controlling interests – 2.08 Excess of consideration paid recognised in retained earnings within equity – 1.89 There were no transactions with non-controlling interests in 2017, no other transactions with non-controlling interests in 2016. d) Interests in associate company and joint venture company accounted using the equity method ( ` cr) Name of entity Place of business | country of incorporation % of ownership interest Relationship Quoted fair value Carrying amount As at March 31, 2017 As at March 31, 2016 As at April 01, 2015 As at March 31, 2017 As at March 31, 2016 As at April 01, 2015 Amal Ltd India 36.74% Associate – 7.56 6.05 – – – Rudolf Atul Chemicals Ltd India 50.00% Joint venture * * * 10.00 14.31 10.55 Total 10.00 14.31 10.55 *Note: Unlisted entity - no quoted price available Notes to the Consolidated Financial Statements