Atul Ltd 2017-18

Atul Ltd | Annual Report 2017-18 Note 29.15 Segment information a) Description of Segments and principal activities The Group has determined the following reporting Segments based on the information reviewed by Chief Operating Decision Maker: Name of segment Product groups Life Science Chemicals APIs, API Intermediates, Fungicides, Herbicides P erformance and Other Chemicals Adhesion promoters, Bulk chemicals, Epoxy resins and hardeners, Intermediates, Perfumery ingredients, Textile dyes Others Agribiotech b) Primary Segment - business ( ` cr) Particulars Life Science Chemicals Performance and Other Chemicals Others Total 2017-18 2016-17 2017-18 2016-17 2017-18 2016-17 2017-18 2016-17 i) Segment revenue Gross sales 1,130.67 907.50 2,368.88 2,231.26 56.38 49.44 3,555.93 3,188.20 Less: Inter segment revenue 1.76 – 216.25 192.15 – – 218.01 192.15 Net revenue from operations 1,128.91 907.50 2,152.63 2,039.11 56.38 49.44 3,337.92 2,996.05 ii) Segment results Profit before finance cost and tax 131.81 147.89 290.36 303.36 7.88 5.68 430.05 456.93 Less: Finance costs 12.74 25.17 Less: Other unallocable expenditure (net of unallocable income) 9.33 (9.63) Add: Share of net profit of joint venture company 4.23 4.67 Profit before tax 412.21 446.06 iii) Other information Segment assets 723.78 651.54 1,591.20 1,445.36 73.59 64.35 2,388.57 2,161.25 Unallocated common assets 625.02 565.88 Total assets 3,013.59 2,727.13 Segment liabilities 149.21 118.20 395.50 303.78 18.98 17.10 563.69 439.08 Unallocated common liabilities 185.97 306.86 Total liabilities 749.66 745.94 Additions to assets and intangible assets 40.89 79.41 96.43 121.96 1.24 7.15 138.56 208.52 Unallocated additions to assets and intangible assets 2.31 14.50 Total capital expenditure* 140.87 223.02 Depreciation 31.29 23.81 73.93 67.03 2.38 2.35 107.60 93.19 Unallocated depreciation 2.78 2.25 Total depreciation 110.38 95.44 c) Secondary Segment - geographical ( ` cr) Particulars In India Outside India Total 2017-18 2016-17 2017-18 2016-17 2017-18 2016-17 Segment revenue 1,630.60 1,429.49 1,707.32 1,566.56 3,337.92 2,996.05 Carrying cost of assets by location of assets 2,748.74 2,537.72 264.85 189.41 3,013.59 2,727.13 Additions to assets and intangible assets* 140.87 223.02 – – 140.87 223.02 Other disclosures: i) The Group has disclosed business segment as the primary segment which have been identified in line with the Ind AS 108 ’Operating Segments‘ taking into account the organisation structure as well as the differing risks and returns. ii) The Segment revenue, results, assets and liabilities include respective amounts identifiable to each segment and amounts allocated on a reasonable basis. iii) The Group accounts for inter Segment sales and transfers at market price. * Including capital work-in-progress and capital advances Notes to the Consolidated Financial Statements