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Atul Ltd | Annual Report 2017-18
As at March 31, 2017
(
`
cr)
Type of hedge
Change in
the value of
the hedging
instrument
recognised
in Other
Comprehensive
Income
Hedge
ineffectiveness
recognised in
profit or loss
Amount
reclassified
from cash flow
hedging reserve
to profit or loss
Financial
Statement line
item affected
Cash flow hedge
Foreign exchange risk
(0.73)
–
(0.89) Revenue and
inventories
Movements in cash flow hedging reserve
(
`
cr)
Risk category
Foreign currency risk
Derivative instruments
As at
March 31, 2018
As at
March 31, 2017
Balance at the beginning of the year
(0.48)
(0.59)
Gain | (Loss) recognised in Other Comprehensive Income during the year
0.05
(0.73)
Amount reclassified to revenue during the year
0.48
0.59
Tax impact on above
(0.02)
0.25
Balance at the end of the year
0.03
(0.48)
Note 27.9 Capital Management
The primary objective of Capital Management of the Company is to maximise Shareholder value. The Company monitors
capital using Debt-Equity ratio which is total debt divided by total equity.
For the purpose of Capital Management, the Company considers the following components of its Balance Sheet to manage
capital:
Total equity includes General reserve, Retained earnings, Share capital and Security premium. Total debt includes current debt
plus non-current debt.
(
`
cr)
Particulars
As at
March 31, 2018
As at
March 31, 2017
Total debt
0.01
155.23
Total equity
2,197.54
1,920.82
Debt-Equity ratio
–
0.08
Note 27.10 Segment information
In accordance with Ind AS 108 'Operating Segments‘, segment information has been given in the Consolidated Financial
Statements of Atul Ltd, and therefore no separate disclosure on segment information is given in the Standalone Financial
Statements.
Note 27.11 Earnings per share
Earnings per share (EPS) - The numerators and denominators used to calculate basic and diluted EPS:
Particulars
2017-18
2016-17
Profit for the year attributable to the Equity Shareholders
`
cr
270.41
285.30
Basic | Weighted average number of equity shares outstanding during
the year
Number
2,96,61,733
2,96,61,733
Nominal value of equity share
`
10
10
Basic and diluted EPS
`
91.16
96.18
Notes
to the Financial Statements
Note 27.8 Financial Risk Management
(continued)