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Atul Ltd | Annual Report 2011-12
NOTE 3 RESERVES AND SURPLUS
As at
March 31, 2012
As at
March 31, 2011
(e) General reserve:
Balance as at the beginning of the year
55.16
49.37
Add: Transferred from unclaimed amount of fractional coupons of
bonus shares
-
0.11
Less: Investment in associate company now tranferred on becoming
subsidiary company
(0.97)
-
Add: Transferred from Statement of Profit and Loss
8.81
5.68
Balance as at the end of the year
63.00
55.16
(f) Surplus in Statement of Profit and Loss:
Balance as at the beginning of the year
334.27
265.22
Add: Profit for the year
91.10
90.25
Amount available for appropriation
425.37
355.47
Less: Appropriations
General reserve
8.81
5.68
Proposed dividend on Equity Shares for the year
{at
`
4.50 per share (March 31, 2011
`
4.50 per share)}
13.35
13.35
Dividend distribution tax on proposed dividend
2.17
2.17
Balance as at the end of the year
401.04
334.27
624.38
540.89
(
`
cr)
NOTE 4 LONG-TERM BORROWINGS
Non-current
Current
As at
March 31, 2012
As at
March 31, 2011
As at
March 31, 2012
As at
March 31, 2011
(a) Term loans
Secured:
(i) Rupee term loans from banks
16.41
29.08
19.04
26.08
(ii) Rupee term loans from
financial institutions
52.08
62.50
13.13
10.42
(iii) Foreign currency term loans
from banks
20.78
-
4.80
15.41
(iv) Foreign currency term loans
from financial institutions
61.81
11.16
2.14
-
Unsecured:
(v) Rupee term loans from banks
0.09
-
0.02
-
151.17
102.74
39.13
51.91
(b) Deposits, unsecured:
(i) Public deposits from related
parties
-
0.83
0.83
0.01
(ii) Public deposits from others
-
6.79
6.66
3.67
-
7.62
7.49
3.68
Amount disclosed under the head
‘Other Current Liabilities’ (see Note 9)
(46.62)
(55.59)
151.17
110.36
-
-
(
`
cr)
Notes
to Consolidated financial statements