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Atul Ltd | Annual Report 2017-18
(
`
cr)
Note 10 Trade receivables
As at
March 31, 2018
As at
March 31, 2017
a) Unsecured, considered good
i) Trade receivables
579.84
413.46
ii) Related Parties (refer Note 27.4)
137.84
93.60
b) Unsecured, considered doubtful
2.60
3.16
Less: Allowance for doubtful debts
2.60
3.16
–
–
717.68
507.06
(
`
cr)
Note 11 Cash and cash equivalents
As at
March 31, 2018
As at
March 31, 2017
a) Balances with banks
In current accounts
20.09
5.28
b) Cash on hand
0.10
0.10
20.19
5.38
There are no repatriation restrictions with regard to cash and cash equivalents.
(
`
cr)
Note 12 Bank balances other than cash and
cash equivalents above
As at
March 31, 2018
As at
March 31, 2017
a) Unclaimed dividend
1.94
1.71
b) Unclaimed interest on public deposit
0.01
0.02
c) Short-term bank deposit with maturity between 3 to 12 months
0.03
0.10
1.98
1.83
(
`
cr)
Note 13 Equity share capital
As at
March 31, 2018
As at
March 31, 2017
Authorised
8,00,00,000 (March 31, 2017: 8,00,00,000) equity shares of
`
10 each
80.00
80.00
80.00
80.00
Issued
2,96,91,780 (March 31, 2017: 2,96,91,780) equity shares of
`
10 each
29.69
29.69
29.69
29.69
Subscribed
2,96,61,733 (March 31, 2017: 2,96,61,733) equity shares of
`
10 each, fully paid
29.66
29.66
29,991 (March 31, 2017: 29,991)
Add: Forfeited shares (amount paid-up)
0.02
0.02
29.68
29.68
a) Rights, preferences and restrictions:
The Company has one class of shares referred to as equity shares having a par value of
`
10 each.
i)
Equity shares:
In the event of liquidation of the Company, the holders of equity shares will be entitled to receive any of the
remaining assets of the Company, after distribution of all preferential amounts and preference shares, if any.
The distribution will be in proportion to the number of equity shares held by the Shareholders.
Each holder of equity shares is entitled to one vote per share.
ii) Dividend:
The Company declares and pays dividend in Indian rupees. The dividend proposed by the Board is subject to the
approval of the Shareholders in the ensuing Annual General Meeting.
b) Shares reserved for allotment at a later date:
56 equity shares are held in abeyance due to disputes at the time of earlier rights issues.
Notes
to the Financial Statements