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qĚîƙƭƑĚē îƥ ljîĿƑ DŽîŕƭĚ ƥĺƑūƭijĺ ƎƑūǛƥ ūƑ ŕūƙƙ ȳGסgȴȠ
ǛŠîŠČĿîŕ îƙƙĚƥ Šūƥ ČŕîƙƙĿǛĚē îƙ ĚĿƥĺĚƑ îŞūƑƥĿƙĚē Čūƙƥ ūƑ G×~ Tȡ Ŀƙ ČŕîƙƙĿǛĚē îƙ GסgȦ ¬ƭČĺ ǛŠîŠČĿîŕ îƙƙĚƥƙ îƑĚ ŞĚîƙƭƑĚē
at fair value with all changes in fair value, including interest income and dividend income if any, recognised as other
ĿŠČūŞĚ ĿŠ ƥĺĚ ¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē gūƙƙȦ
Equity instruments:
The Company subsequently measures all investments in equity instruments other than subsidiary companies, associate
company and joint venture company at fair value. The Management of the Company has elected to present fair value
ijîĿŠƙ îŠē ŕūƙƙĚƙ ūŠ ƙƭČĺ ĚƐƭĿƥNj ĿŠDŽĚƙƥŞĚŠƥƙ ĿŠ ūƥĺĚƑ ČūŞƎƑĚĺĚŠƙĿDŽĚ ĿŠČūŞĚȡ îŠē ƥĺĚƑĚ Ŀƙ Šū ƙƭċƙĚƐƭĚŠƥ ƑĚČŕîƙƙĿǛČîƥĿūŠ
ūlj ƥĺĚƙĚ ljîĿƑ DŽîŕƭĚ ijîĿŠƙ îŠē ŕūƙƙĚƙ ƥū ƥĺĚ ¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē gūƙƙȦ 'ĿDŽĿēĚŠēƙ ljƑūŞ ƙƭČĺ ĿŠDŽĚƙƥŞĚŠƥƙ ČūŠƥĿŠƭĚ ƥū ċĚ
ƑĚČūijŠĿƙĚē ĿŠ ƎƑūǛƥ ūƑ ŕūƙƙ îƙ ūƥĺĚƑ ĿŠČūŞĚ DžĺĚŠ ƥĺĚ ƑĿijĺƥ ƥū ƑĚČĚĿDŽĚ ƎîNjŞĚŠƥ Ŀƙ ĚƙƥîċŕĿƙĺĚēȦ
ĺîŠijĚƙ ĿŠ ƥĺĚ ljîĿƑ DŽîŕƭĚ ūlj ǛŠîŠČĿîŕ îƙƙĚƥƙ îƥ ljîĿƑ DŽîŕƭĚ ƥĺƑūƭijĺ ƎƑūǛƥ ūƑ ŕūƙƙ îƑĚ ƑĚČūijŠĿƙĚē ĿŠ ƥĺĚ ¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē
Loss. Impairment losses (and reversal of impairment losses) on equity investments measured at FVOCI are not reported
separately from other changes in fair value.
Investment in subsidiary companies, associate companies and joint venture company:
Investments in subsidiary companies, associate company and joint venture company are carried at cost less accumulated
impairment losses, if any. Where an indication of impairment exists, the carrying amount of the investment is assessed
and written down immediately to its recoverable amount. On disposal of investments in subsidiary companies, associate
company and joint venture company, the difference between net disposal proceeds and the carrying amounts are
ƑĚČūijŠĿƙĚē ĿŠ ƥĺĚ ¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē gūƙƙȦ
TŞƎîĿƑŞĚŠƥ ūlj ǛŠîŠČĿîŕ îƙƙĚƥƙȠ
¹ĺĚ ūŞƎîŠNj îƙƙĚƙƙĚƙ ūŠ î ljūƑDžîƑē ŕūūŒĿŠij ċîƙĿƙ ƥĺĚ ĚNJƎĚČƥĚē ČƑĚēĿƥ ŕūƙƙĚƙ îƙƙūČĿîƥĚē DžĿƥĺ Ŀƥƙ ǛŠîŠČĿîŕ îƙƙĚƥƙ ČîƑƑĿĚē
at amortised cost and FVOCI debt instruments. The impairment methodology applied depends on whether there has been
î ƙĿijŠĿǛČîŠƥ ĿŠČƑĚîƙĚ ĿŠ ČƑĚēĿƥ ƑĿƙŒȦ sūƥĚ ǨǮȦǮ ēĚƥîĿŕƙ ĺūDž ƥĺĚ ūŞƎîŠNj ēĚƥĚƑŞĿŠĚƙ DžĺĚƥĺĚƑ ƥĺĚƑĚ ĺîƙ ċĚĚŠ î ƙĿijŠĿǛČîŠƥ
increase in credit risk.
GūƑ ƥƑîēĚ îŠē ŕĚîƙĚ ƑĚČĚĿDŽîċŕĚ ūŠŕNjȡ ƥĺĚ ūŞƎîŠNj îƎƎŕĿĚƙ ƥĺĚ ƙĿŞƎŕĿǛĚē îƎƎƑūîČĺ ƎĚƑŞĿƥƥĚē ċNj TŠē ¬ ǧǦǯ GĿŠîŠČĿîŕ
Instruments, which requires expected lifetime losses to be recognised from initial recognition of such receivables.
Derecognition:
ǛŠîŠČĿîŕ îƙƙĚƥ Ŀƙ ēĚƑĚČūijŠĿƙĚē ūŠŕNj DžĺĚŠ ƥĺĚ ūŞƎîŠNj ĺîƙ ƥƑîŠƙljĚƑƑĚē ƥĺĚ ƑĿijĺƥƙ ƥū ƑĚČĚĿDŽĚ Čîƙĺ ǜūDžƙ ljƑūŞ ƥĺĚ ǛŠîŠČĿîŕ
îƙƙĚƥȡ ƥĺĚ îƙƙĚƥ ĚNJƎĿƑĚ ūƑ ƑĚƥîĿŠƙ ƥĺĚ ČūŠƥƑîČƥƭîŕ ƑĿijĺƥƙ ƥū ƑĚČĚĿDŽĚ ƥĺĚ Čîƙĺ ǜūDžƙ ūlj ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥȡ ċƭƥ îƙƙƭŞĚƙ î
ČūŠƥƑîČƥƭîŕ ūċŕĿijîƥĿūŠ ƥū ƎîNj ƥĺĚ Čîƙĺ ǜūDžƙ ƥū ūŠĚ ūƑ ŞūƑĚ ƑĚČĿƎĿĚŠƥƙȦ
Where the Company has transferred an asset, the Company evaluates whether it has transferred substantially all risks
îŠē ƑĚDžîƑēƙ ūlj ūDžŠĚƑƙĺĿƎ ūlj ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥȦ TŠ ƙƭČĺ ČîƙĚƙȡ ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥ Ŀƙ ēĚƑĚČūijŠĿƙĚē ƥĺƑūƭijĺ ƥĺĚ ¬ƥîƥĚŞĚŠƥ
ūlj ¡ƑūǛƥ îŠē gūƙƙ ūƑ ūƥĺĚƑ ČūŞƎƑĚĺĚŠƙĿDŽĚ ĿŠČūŞĚ îƙ îƎƎŕĿČîċŕĚȦ ØĺĚƑĚ ƥĺĚ ūŞƎîŠNj ĺîƙ Šūƥ ƥƑîŠƙljĚƑƑĚē ƙƭċƙƥîŠƥĿîŕŕNj îŕŕ
ƑĿƙŒƙ îŠē ƑĚDžîƑēƙ ūlj ūDžŠĚƑƙĺĿƎ ūlj ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥȡ ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥ Ŀƙ Šūƥ ēĚƑĚČūijŠĿƙĚēȦ
ØĺĚƑĚ ƥĺĚ ūŞƎîŠNj ĺîƙ ŠĚĿƥĺĚƑ ƥƑîŠƙljĚƑƑĚē î ǛŠîŠČĿîŕ îƙƙĚƥ ŠūƑ ƑĚƥîĿŠĚē ƙƭċƙƥîŠƥĿîŕŕNj îŕŕ ƑĿƙŒƙ îŠē ƑĚDžîƑēƙ ūlj ūDžŠĚƑƙĺĿƎ
ūlj ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥȡ ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥ Ŀƙ ēĚƑĚČūijŠĿƙĚē Ŀlj ƥĺĚ ūŞƎîŠNj ĺîƙ Šūƥ ƑĚƥîĿŠĚē ČūŠƥƑūŕ ūlj ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥȦ
ØĺĚƑĚ ƥĺĚ ūŞƎîŠNj ƑĚƥîĿŠƙ ČūŠƥƑūŕ ūlj ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥȡ ƥĺĚ îƙƙĚƥ Ŀƙ ČūŠƥĿŠƭĚē ƥū ċĚ ƑĚČūijŠĿƙĚē ƥū ƥĺĚ ĚNJƥĚŠƥ ūlj ČūŠƥĿŠƭĿŠij
ĿŠDŽūŕDŽĚŞĚŠƥ ĿŠ ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥȦ
Financial liabilities:
Ŀȴ
ŕîƙƙĿǛČîƥĿūŠ îƙ ēĚċƥ ūƑ ĚƐƭĿƥNjȠ
GĿŠîŠČĿîŕ ŕĿîċĿŕĿƥĿĚƙ îŠē ĚƐƭĿƥNj ĿŠƙƥƑƭŞĚŠƥƙ ĿƙƙƭĚē ċNj ƥĺĚ ūŞƎîŠNj îƑĚ ČŕîƙƙĿǛĚē îČČūƑēĿŠij ƥū ƥĺĚ ƙƭċƙƥîŠČĚ ūlj ƥĺĚ
ČūŠƥƑîČƥƭîŕ îƑƑîŠijĚŞĚŠƥƙ ĚŠƥĚƑĚē ĿŠƥū îŠē ƥĺĚ ēĚǛŠĿƥĿūŠƙ ūlj î ǛŠîŠČĿîŕ ŕĿîċĿŕĿƥNj îŠē îŠ ĚƐƭĿƥNj ĿŠƙƥƑƭŞĚŠƥȦ
ii) Initial recognition and measurement:
Financial liabilities are recognisedwhen the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities are initially measured at the fair value.
iii) Subsequent measurement:
Financial liabilities are subsequently measured at amortised cost using the effective interest rate method. Financial
ŕĿîċĿŕĿƥĿĚƙ ČîƑƑĿĚē îƥ ljîĿƑ DŽîŕƭĚ ƥĺƑūƭijĺ ƎƑūǛƥ ūƑ ŕūƙƙ îƑĚ ŞĚîƙƭƑĚē îƥ ljîĿƑ DŽîŕƭĚ DžĿƥĺ îŕŕ ČĺîŠijĚƙ ĿŠ ljîĿƑ DŽîŕƭĚ ƑĚČūijŠĿƙĚē
ĿŠ ƥĺĚ ¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē gūƙƙȦ
Corporate Overview 01-22
Statutory Reports 23-105
Financial Statements 107-250
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Atul Ltd | Annual Report 2018-19