Atul Ltd 2019-20

Corporate Overview Statutory Reports Financial Statements 220 Atul Ltd | Annual Report 2019-20 01-21 22-91 92-228 Note 29.14 Interests in other entities (continued) b) Non-controlling interests (NCI) T he summarised financial information for each subsidiary company that has non-controlling interests that are material to the Group are described below. The amounts disclosed for each subsidiary company are before inter-company eliminations. ( ` cr) Summarised Balance Sheet Amal Ltd As at March 31, 2020 As at March 31, 2019 Current assets 23.90 22.59 Current liabilities 4.22 14.92 Net current assets 19.68 7.67 Non-current assets 32.12 31.66 Non-current liabilities 4.65 1.79 Net non-current assets 27.47 29.87 Net assets 47.15 37.54 Accumulated NCI 1 23.51 17.70 1 Includes ` 1.41 cr on account of change in ownership interest in Amal Ltd. ( ` cr) Summarised Statement of Profit and Loss Amal Ltd 2019-20 2018-19 Revenue 34.34 33.44 Profit for the year 9.19 7.75 Other comprehensive income - (0.01) Total comprehensive income 9.19 7.74 Profit allocated to NCI 4.33 3.65 Dividends paid to NCI - - ( ` cr) Summarised cash flows Amal Ltd 2019-20 2018-19 Cash flows from operating activities 7.27 4.41 Cash flows from investing activities (2.33) (3.94) Cash flows from financing activities (4.73) (2.01) Net increase | (decrease) in cash and cash equivalents 0.21 (1.54) c) Interests in 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, 2020 As at March 31, 2019 As at March 31, 2020 As at March 31, 2019 Rudolf Atul Chemicals Ltd India 50 Joint venture * * 18.53 15.74 Total 18.53 15.74 *Note: Unlisted entity - no quoted price available