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Atul Ltd | Annual Report 2015-16
(
`
cr)
Note 7 Long-term provisions
As at
March 31, 2016
As at
March 31, 2015
Provision for leave entitlement
17.38
15.98
Gratuity
0.07
0.06
17.45
16.04
(
`
cr)
Note 8 Short-term borrowings
As at
March 31, 2016
As at
March 31, 2015
a) Secured
Working capital loans repayable on demand from banks
79.26
51.95
b) Unsecured
Loan from banks including foreign banks
53.07
15.02
Loan from related parties
12.25
9.00
c)
Buyers’ credit
6.91
–
d) Commercial papers
100.00
100.00
e) Deposit from the Directors
0.01
0.01
251.50
175.98
(
`
cr)
Note 9 Trade payables
As at
March 31, 2016
As at
March 31, 2015
a) Total outstanding dues of micro enterprises and small enterprises
2.15
1.65
b) Total outstanding dues of creditors other than micro enterprises and
small enterprises
Acceptances
3.98
2.89
Others
300.75
267.65
306.88
272.19
(
`
cr)
Note 10 Other current liabilities
As at
March 31, 2016
As at
March 31, 2015
a) Current maturities of long-term borrowings (refer Note 4)
36.18
64.28
b) Interest accrued but not due on borrowings
0.46
0.71
c) Unclaimed dividends
1.44
1.27
d) Unclaimed matured deposits and interest thereon
0.02
0.02
e) Advances received from customers
7.63
8.39
f) Employee benefits payable
35.08
31.69
g) Creditors for capital goods
18.22
8.82
h) Commission and discount payable
6.83
11.17
i)
Statutory dues
12.88
15.92
j)
Others
6.64
4.27
125.38
146.54
(
`
cr)
Note 11 Short-term provisions
As at
March 31, 2016
As at
March 31, 2015
a) Provision for leave entitlement
5.42
5.60
b) Other employee benefits
0.25
0.35
c) Others:
Provision for taxation (net of tax paid in advance)
0.17
5.18
Proposed dividend {refer Note 3 (g)}
29.66
25.21
Dividend distribution tax on proposed dividend
6.82
5.61
Other provisions
1.71
1.61
44.03
43.56
Notes
to the Consolidated Financial Statements