Atul-2012-13

Atul Ltd | Annual Report 2012-13

Notes

to Consolidated financial statements

(

cr)

NOTE 11 FIXED ASSETS

ASSET BLOCK

GROSS BLOCK (a)

DEPRECIATION | AMORTISATION | IMPAIRMENT

NET BLOCK

As at

March 31,

2012

Additions

Other

Adjustments

Deductions

and

Adjustments

As at

March 31,

2013

Depreciation

Upto March

31, 2012

For the

Year

Deductions

and

Adjustments

As at

March 31,

2013

Impairment

Fund March

31, 2013

Depreciation

and

Impairment

Fund March

31, 2013

As at

March 31,

2013

As at

March 31,

2012

Tangible assets

Land - Freehold (d) and (e)

14.37

2.67

17.04

14.37

Land - Leasehold (b),(d) and

(e)

23.17

0.27

22.90

23.17

Buildings (c), (d) and (e)

242.73

15.84

0.75 257.82

61.09

6.44

0.08

67.45

67.45 190.37 181.64

Roads

3.10

0.11

3.21

1.24

0.06

1.30

1.91

1.86

Plant and equipment (f)

741.62

80.77

11.33

0.34 833.38

513.55 40.80

0.13 554.22

21.03

575.25 258.13 207.04

Railway siding

0.08

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furniture

25.49

2.58

0.05

28.02

17.57

1.47

0.03

19.01

9.01

7.92

Vehicles

13.57

1.92

1.40

14.09

7.24

1.87

1.07

8.04

6.05

6.33

Total Tangible assets

1,064.13 103.89

11.33

2.81 1,176.54

600.77 50.64

1.31 650.10

21.03

671.13 505.41 442.33

Intangible assets

Copyright

1.10

0.06

0.35

0.41

0.69

1.04

Computer software

10.14

2.53

12.67

9.88

2.76

12.64

0.03

0.26

Total Intangible assets 11.24

2.53

- 13.77

9.94 3.11

- 13.05

13.05

0.72

1.30

Total as at

March 31, 2013

1,075.37 106.42

11.33

2.81 1,190.31

610.71 53.75

1.31 663.15

21.03

684.18 506.13 443.63

Total as at

March 31, 2012

973.09 108.39

1.59

7.70 1,075.37

561.53 50.62

1.44 610.71

21.03

631.74 443.63

Notes:

(a) At cost, except land - freehold, certain leasehold land, building premises and plant and equipment stated at revalued value.

(b) Land - leasehold at cost less amounts written off.

(c) Includes premises on ownership basis

1.10 cr (Previous year

1.10 cr) and cost of fully paid share in co-operative society

2000 (Previous year

2,000).

(d) The Company has revalued (i) Leasehold land (

20.02 cr) and (ii) Commercial land & building at Ahmedabad, Mumbai and Delhi (

87.45 cr) as at March 31, 2008 at

fair market value as determined by an independent valuer appointed for the purpose. Resultant increase of

107.47 cr in book value has been transferred to Revaluation

Reserve.

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charge over its certain land & buildings in favour of Government of Gujarat and paid Security Deposit

2 cr (Previous year

2 cr).

(f) Exchange rate difference capitalised during the year

10.74 cr (Previous year

1.89 cr).

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the current period is higher by

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9.70 cr.