Atul Ltd 2019-20

Corporate Overview Statutory Reports Financial Statements 204 Atul Ltd | Annual Report 2019-20 01-21 22-91 92-228 f) Deferred tax liabilities | (assets) The following is the analysis of deferred tax liabilities | (assets) balances presented in the Consolidated Balance Sheet: ( ` cr) Particulars As at March 31, 2020 As at March 31, 2019 Deferred tax liabilities 114.75 139.48 Deferred tax assets (6.91) (0.52) 107.84 138.96 The balance comprises temporary differences attributable to the below items and corresponding movement in deferred tax liabilities | (assets): ( ` cr) Particulars As at March 31, 2020 Charged | (Credited) to As at March 31, 2019 Charged | (Credited) to As at March 31, 2019 profit or loss 1 OCI | equity profit or loss OCI | equity Property, plant and equipment 100.62 (46.49) - 147.11 1.88 - 145.23 Fair value equity investments (net ) 15.24 - 4.24 11.00 - 11.00 - Undistributed profit of subsidiary companies 18.93 8.12 - 10.81 10.81 - - Foreign currency translation reserve 3.40 - 3.40 - - - - Unrealised gain on mutual fund 0.39 0.07 - 0.32 0.32 - - Effective portion of gains | (loss) on cash flow hedges 0.02 - (0.41) 0.43 - 0.41 0.02 Provision for leave encashment (7.44) 1.75 - (9.19) (1.10) - (8.09) Provision for doubtful debts (2.63) 0.03 - (2.66) (1.01) - (1.65) Regulatory and other charges (6.72) 2.07 - (8.79) (8.79) - - Investment properties (6.70) (0.22) - (6.48) (0.27) - (6.21) Elimination of profits resulting from intragroup transactions (4.04) (2.15) - (1.89) 0.41 - (2.30) MAT credit entitlement (0.22) (0.08) - (0.14) (0.03) - (0.11) Others (3.01) (1.45) - (1.56) 0.79 - (2.35) Net deferred tax (assets) | liabilities 107.84 (38.35) 7.23 138.96 3.01 11.41 124.54 ¹Inculdes ` 32.90 cr impact of tax rate changes Note 29.5 Current and deferred tax (continued)