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Atul Ltd | Annual Report 2012-13
Notes
to 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
-
-
-
-
-
-
17.04
14.37
Land - Leasehold (b),(d) and (e)
23.17
-
-
0.27
22.90
-
-
-
-
-
-
22.90
23.17
Buildings (c), (d) and (e)
235.65
14.30
-
0.02 249.93
60.64
6.22
-
66.86
-
66.86 183.07 175.11
Roads
3.10
0.11
-
-
3.21
1.24
0.06
-
1.30
-
1.30
1.91
1.86
Plant and equipment (f)
719.80
79.01
11.33
0.23 809.91
509.24 38.58
0.13
547.69
21.03
568.72 241.19 189.43
Railway siding
0.08
-
-
-
0.08
0.08
-
-
0.08
-
0.08
-
-
2IÀFH HTXLSPHQW IXUQLWXUH
24.37
2.48
-
0.02
26.83
16.99
1.41
0.01
18.39
-
18.39
8.44
7.38
Vehicles
13.37
1.83
-
1.40
13.80
7.14
1.83
1.07
7.90
-
7.90
5.90
6.23
Total Tangible assets
1,033.91 100.40
11.33
1.94 1,143.70
595.33 48.10
1.21 642.22
21.03
663.25 480.45 417.55
Intangible assets
Computer software
10.08
2.53
-
-
12.61
9.86
2.75
-
12.61
-
12.61
-
0.22
Total Intangible assets
10.08
2.53
-
-
12.61
9.86 2.75
-
12.61
-
12.61
-
0.22
Total as at
1,043.99 102.93
11.33
1.94 1,156.31
605.19 50.85
1.21 654.83
21.03
675.86 480.45 417.77
March 31, 2013
Total as at
972.24
77.75
1.59
7.59 1,043.99
561.14 45.43
1.38
605.19
21.03
626.22 417.77
March 31, 2012
Notes:
(a) At cost, except land - freehold, certain leasehold land, building premises which are 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
`
2,000 (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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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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Further for current year an amount of
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cost is lower by
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9.70 cr.
(h) Break-up of depreciation for the year
(
`
cr)
Particulars
2012-13
2011-12
Depreciation | Amortisation for the year
50.85
45.43
Add: Amortisation of Leasehold land
0.27
0.28
Less: Amount withdrawn from Revaluation reserve (see Note 3)
2.06
2.06
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49.06
43.65