Atul Ltd 2019-20

Corporate Overview Statutory Reports Financial Statements 01-21 22-91 92-228 118 Atul Ltd | Annual Report 2019-20 Note 2 Property, plant and equipment ( ` cr) Particulars Land - freehold 1 Right- of-use leasehold land 2 Buildings 1,3 Plant and equipment Vehicles Office equipment and furniture Roads Bearer plant Total Capital work-in- progress 4 Gross carrying amount As at March 31, 2018 20.60 3.66 177.08 937.86 7.22 13.82 12.39 0.33 1,172.96 69.56 Additions 4.85 0.27 15.77 85.04 3.59 2.24 1.10 - 112.86 120.78 Disposal, transfer and adjustments - - (1.04) (19.97) (2.28) (0.08) - - (23.37) (120.03) As at March 31, 2019 25.45 3.93 191.81 1,002.93 8.53 15.98 13.49 0.33 1,262.45 70.31 Additions 6.74 0.00 22.32 68.96 3.25 2.27 0.02 - 103.56 268.81 Disposal, transfer and adjustments - - (0.45) (4.47) (1.91) - - - (6.83) (104.23) As at March 31, 2020 32.19 3.93 213.68 1,067.42 9.87 18.25 13.51 0.33 1,359.18 234.89 Depreciation | Amortisation Up to March 31, 2018 - 0.15 20.29 222.64 1.79 5.25 3.95 0.02 254.09 - For the year - 0.11 7.95 98.21 1.65 1.66 2.40 0.01 111.99 - Disposal, transfer and adjustments - - (0.97) (18.69) (1.73) (0.08) - - (21.47) - Up to March 31, 2019 - 0.26 27.27 302.16 1.71 6.83 6.35 0.03 344.61 - For the year 5 - 0.05 8.01 102.61 1.99 1.80 2.54 0.01 117.01 - Disposal, transfer and adjustments - - (0.37) (4.01) (1.54) - - - (5.92) - Up to March 31, 2020 - 0.31 34.91 400.76 2.16 8.63 8.89 0.04 455.70 - Net carrying amount As at March 31, 2019 25.45 3.67 164.54 700.77 6.82 9.15 7.14 0.30 917.84 70.31 As at March 31, 2020 32.19 3.62 178.77 666.66 7.71 9.62 4.62 0.29 903.48 234.89 Notes: 1 Pursuant to the order passed by The Honourable High Court of Gujarat, dated November 17, 2008 and April 17, 2009 in case of water charges, the Company has created first charge over its certain land and buildings having carrying value of ` 10.27 cr (March 31, 2019: ` 10.23 cr) in favour of the Government of Gujarat and paid a security deposit ` 2 cr (March 31, 2019: ` 2 cr). 2 Refer Note 28.12 (b) (ii) for disclosures where the Company is a lessee under a finance lease. 3 Includes premises on ownership basis ` 1.10 cr (March 31, 2019: ` 1.10 cr) and cost of fully paid share in co-operative society ` 2,000 (March 31, 2019: ` 2,000). 4 Capital work-in-progress mainly comprises addition | expansion projects in progress. 5 Includes impairment loss of ` 1.06 cr being the write-down value of certain property, plant and equipment to the recoverable amount. Refer Note 17 for information on property, plant and equipment hypothecated | mortgaged as security by the Company. Refer Note 28. 2 for disclosure of contractual commitment for acquisition of property, plant and equipment.