256 Annual Report 2023-24 Atul Ltd ii) Summarised financial information in respect of the joint venture company The tables below provide summarised financial information in respect of the joint venture company that are material to the Group. The information disclosed are as presented in the Financial Statements of the joint venture company. They have been amended to reflect adjustments made by the entity when using the equity method, including fair value adjustments made at the time of acquisition and modifications for differences in accounting policies. (` cr) Summarised Balance Sheet Rudolf Atul Chemicals Ltd As at March 31, 2024 As at March 31, 2023 Current assets Cash and cash equivalents 21.52 10.28 Other assets 43.30 39.32 Total current assets 64.82 49.60 Total non-current assets 9.80 11.53 Current liabilities Financial liabilities (excluding trade payables) 4.07 2.35 Other liabilities 14.85 16.63 Total current liabilities 18.92 18.98 Non-current liabilities Financial liabilities (excluding trade payables) 1.09 1.15 Other liabilities 0.46 0.27 Total non-current liabilities 1.55 1.42 Net assets 54.15 40.73 (` cr) Reconciliation to carrying amounts Rudolf Atul Chemicals Ltd As at March 31, 2024 As at March 31, 2023 Opening net assets 40.73 56.21 Profit for the year 19.23 7.77 Other comprehensive income 0.07 0.10 Dividends paid (5.84) (23.35) Closing net assets 54.19 40.73 Share of Group in % 50% 50% Share of Group 27.10 20.37 Carrying amount 27.10 20.37 Summarised Statement of Profit and Loss (` cr) Reconciliation to carrying amounts Rudolf Atul Chemicals Ltd 2023-24 2022-23 Revenue 139.26 111.18 Other income 1.09 0.98 Depreciation and amortisation 0.52 0.47 Finance costs 0.30 0.16 Income tax expense 8.57 2.73 Profit for the year 19.22 7.77 Other comprehensive income 0.07 0.10 Total comprehensive income 19.29 7.87 Dividends received 2.92 11.68 Note 30.16 Interests in other entities (continued)
RkJQdWJsaXNoZXIy MjA2MDI2