129 / 140
127
Notes
to Consolidated financial statements
NOTE 27.9 DETAILS OF ASSOCIATE COMPANIES CONSIDERED IN CONSOLIDATION:
(
`
cr)
Sr
No
Name of associate
company
Country of
incorporation
Main activities
Ownership
interest
and voting
power
Original
cost of
Investments
Amount of
goodwill |
(capital reserve)
included in
original cost
Accumulated loss
| (gain) at the year
end March 31,
2012
Carrying amount
of investments at
the year end
A
B
C
D
E
F
G
H
I
2012 2011 2012 2011
1 Amal Ltd
India
Chemical
36.75% 5.15
(19.67)
36.75
30.53
-
2.75
2 Anchor Adhesives Pvt Ltd India
Adhesives
49.99% 1.47
1.27
0.16
0.19
1.48
1.47
3 AtRo Ltd
India
Agriculture
50.00% 0.50
-
0.36
0.43
-
0.50
4 Atul Ayurveda Ltd
India
Ayurvedic
50.00% 0.03
-
-
-
0.03
-
5 Atul Crop Care Ltd
India
Agriculture
50.00% 0.03
-
-
-
0.03
-
6 Atul Entertainment Ltd
India
Entertainment
50.00% 0.03
-
-
-
0.03
-
7 Atul Hospitality Ltd
India
Hospitality
50.00% 0.03
-
-
-
0.03
-
8 Atul Infotech Ltd
India
Information
Technology
50.00%
-
(0.08)
(0.29)
(0.31)
0.01
-
9 Atul Medical Care Ltd
India
Health Care
50.00% 0.03
-
-
-
0.03
-
10 Atul Seeds Ltd
India
Agriculture
50.00% 0.03
-
-
-
0.03
-
11 Gujarat Synthwood Ltd
India
Construction
34.87% 1.30
-
15.92
17.08
-
0.07
12 Jayati Infrastructure Ltd India
Infrastructure
50.00% 0.03
-
-
-
0.03
-
13 M. Dohmen S.A.
Switzerland Textile
50.00% 14.21
(45.72)
9.27 (26.09)
9.57 14.21
14 Osia Dairy Ltd
India
Dairy
50.00% 0.03
-
-
-
0.03
-
Value of investment in Atul Infotech Ltd under column ‘F’ is
`
50,000 (Previous year
`
33,980)
The relationship of Atul Ltd with Atul Bioscience Ltd has changed from Associate company to Wholly Owned Subsidiary company on March 31, 2012. Accordingly,
Equity Method of Accounting has been applied till March 31, 2012 and full consolidation has been carried for balances as on March 31, 2012.