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Atul Ltd | Annual Report 2011-12
(g) Break-up of depreciation for the year
(
`
cr)
2011-12
2010-11
Depreciation | Amortisation for the year
50.62
40.42
Add: Amortisation of Leasehold land
0.28
0.28
Less: Amount withdrawn from Revaluation reserve (see Note 3)
2.06
2.06
Less: Depreciation on acquisition of Atul Bioscience Ltd
2.71
-
Less: Depreciation on acquisition of DPD Ltd
2.04
-
Less: Depreciation on proportionate consolidation of Rudolf Atul Chemicals Ltd
0.07
-
Depreciation | Amortisation as per Statement of Profit and Loss
44.02
38.64
(
`
cr)
NOTE 12 NON-CURRENT INVESTMENTS*
As at
March 31, 2012
As at
March 31, 2011
Trade Investments, unquoted
Investments in Equity Instruments
Bharuch Enviro Infrastructure Ltd
0.07
0.07
Narmada Clean Tech Ltd
0.65
0.65
Other investments
0.72
0.72
Investments in Equity Instruments, Quoted
In Associate Companies
Amal Ltd
0.64
0.64
Less: Cost of investments adjusted to general reserve as loss in
associate company exceed the cost
0.24
0.24
Less: Provision for diminution in value
0.40
0.40
-
-
In Others
Novartis India Ltd
1.02
1.02
Arvind Ltd (refer Note 27.15)
46.64
46.64
ICICI Bank Ltd
0.14
0.14
Wyeth Ltd
1.50
1.50
BASF India Ltd
0.84
0.84
Jain Irrigation Systems Ltd****
0.02
0.02
Nagarjuna Oil Refinery Ltd ***
-
-
50.16
50.16
Investments in Equity Instruments, Unquoted
In Associate Companies
Atul Bioscience Ltd
Cost of acquisition (net of capital reserve of
`
Nil, Previous year
`
0.91 cr)
-
2.75
Add: Group share of profits for the year
-
0.54
-
3.29
AtRo Ltd
0.50
0.50
Less: Cost of investments adjusted to general reserve as loss in
associate company exceed the cost
0.50
0.50
Notes
to Consolidated financial statements
NOTE 11 FIXED ASSETS
(contd)