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Schedules
forming part of accounts
SCHEDULE 16 NOTES FORMING PART OF THE ACCOUNTS
(contd)
9 Deferred tax adjustments recognised in the financial statements
(
`
crores)
Particulars
Balance
As at March
31, 2011
Charge | credit
during the year
Balance
As at March
31, 2010
Deferred tax liabilities:
on account of timing difference in
(a) Depreciation | impairment loss
28.87
(0.18)
29.05
28.87
(0.18)
29.05
Deferred tax assets:
on account of timing difference in
(a) Provision for leave encashment
4.69
0.33
4.36
(b) 43 B expenses allowable
–
(0.42)
0.42
(c) Provision for doubtful debts
0.14
0.14
–
(d) Provision for doubtful advances
0.06
–
0.06
(e) Payment under VRS
0.92
(0.71)
1.63
5.81
(0.66)
6.47
Net deferred tax liabilities | (assets)
23.06
0.48
22.58
10 Related party information
(a) Name of the related party and nature of relationship:
No Name of the related party
Description of relationship
Party where control exists
1
2
3
4
5
6
Atul Europe Ltd
Atul Americas Inc
Atul Deutschland GmbH
Atul International Trading (Shanghai) Co Ltd
Ameer Trading Corporation Ltd
Atul Rajasthan Date Palms Ltd
Subsidiary companies
7
8
9
10
11
12
13
Amal Ltd
Atul Bioscience Ltd
Gujarat Synthwood Ltd
AtRo Ltd
Atul Infotech Private Ltd
Anchor Adhesives Private Ltd
M. Dohmen S.A.
Associate companies
14
15
16
17
18
19
Atul Bio Space Private Ltd
Atul Clean Energy Private Ltd
Biyaban Agri Ltd
Raja Dates Ltd
Aasthan Dates Ltd
Atul Seeds Ltd
Enterprises over which control exercised by
key management personnel
76 | 77