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i) fair values of the assets transferred,
ii) liabilities incurred to the former owners of the acquired business,
iii) equity interest issued by the Group,
iv) fair value of any asset or liability resulting from a contingent consideration arrangement.
TēĚŠƥĿǛîċŕĚ îƙƙĚƥƙ îČƐƭĿƑĚēȡ ŕĿîċĿŕĿƥĿĚƙ îŠē ČūŠƥĿŠijĚŠƥ ŕĿîċĿŕĿƥĿĚƙ îƙƙƭŞĚē ĿŠ î ċƭƙĿŠĚƙƙ ČūŞċĿŠîƥĿūŠ îƑĚȡ DžĿƥĺ ŕĿŞĿƥĚē
ĚNJČĚƎƥĿūŠƙȡ ŞĚîƙƭƑĚē ĿŠĿƥĿîŕŕNj îƥ ƥĺĚĿƑ ljîĿƑ DŽîŕƭĚƙ îƥ ƥĺĚ îČƐƭĿƙĿƥĿūŠ ēîƥĚȦ ¹ĺĚ HƑūƭƎ ƑĚČūijŠĿƙĚƙ îŠNj ŠūŠȹČūŠƥƑūŕŕĿŠij
interest in the acquired entity on an acquisition-by-acquisition basis either at fair value or at the non-controlling interest’s
ƎƑūƎūƑƥĿūŠîƥĚ ƙĺîƑĚ ūlj ƥĺĚ îČƐƭĿƑĚē ĚŠƥĿƥNjɄƙ ŠĚƥ ĿēĚŠƥĿǛîċŕĚ îƙƙĚƥƙȦ
ČƐƭĿƙĿƥĿūŠȹƑĚŕîƥĚē Čūƙƥƙ îƑĚ ĚNJƎĚŠƙĚē îƙ ĿŠČƭƑƑĚēȦ
¹ĺĚ ĚNJČĚƙƙ ūlj ƥĺĚȠ
ȟ ƙƭŞ ūlj ČūŠƙĿēĚƑîƥĿūŠ ƥƑîŠƙljĚƑƑĚē
ȟ îŞūƭŠƥ ūlj îŠNj ŠūŠȹČūŠƥƑūŕŕĿŠij ĿŠƥĚƑĚƙƥ ĿŠ ƥĺĚ îČƐƭĿƑĚē ĚŠƥĿƥNj
ȟ îČƐƭĿƙĿƥĿūŠȹēîƥĚ ljîĿƑ DŽîŕƭĚ ūlj îŠNj ƎƑĚDŽĿūƭƙ ĚƐƭĿƥNj ĿŠƥĚƑĚƙƥ ĿŠ ƥĺĚ îČƐƭĿƑĚē ĚŠƥĿƥNj
ūDŽĚƑ ƥĺĚ ljîĿƑ DŽîŕƭĚ ūlj ƥĺĚ ŠĚƥ ĿēĚŠƥĿǛîċŕĚ îƙƙĚƥƙ îČƐƭĿƑĚē Ŀƙ ƑĚČūƑēĚē îƙ ijūūēDžĿŕŕȦ Tlj ƥĺūƙĚ îŞūƭŠƥƙ îƑĚ ŕĚƙƙ ƥĺîŠ ƥĺĚ ljîĿƑ
DŽîŕƭĚ ūlj ƥĺĚ ŠĚƥ ĿēĚŠƥĿǛîċŕĚ îƙƙĚƥƙ ūlj ƥĺĚ ċƭƙĿŠĚƙƙ îČƐƭĿƑĚēȡ ƥĺĚ ēĿljljĚƑĚŠČĚ Ŀƙ ƑĚČūijŠĿƙĚē ĿŠ ūƥĺĚƑ ČūŞƎƑĚĺĚŠƙĿDŽĚ ĿŠČūŞĚ
and accumulated in equity as capital reserve provided there is clear evidence of the underlying reasons for classifying the
business combination as a bargain purchase. In other cases, the bargain purchase gain is recognised directly in equity as
Capital reserve.
Where settlement of any part of cash consideration is deferred, the amounts payable in future are discounted to their
ƎƑĚƙĚŠƥ DŽîŕƭĚ îƙ îƥ ƥĺĚ ēîƥĚ ūlj ĚNJČĺîŠijĚȦ ¹ĺĚ ēĿƙČūƭŠƥ ƑîƥĚ ƭƙĚē Ŀƙ ƥĺĚ ĚŠƥĿƥNjɄƙ ĿŠČƑĚŞĚŠƥîŕ ċūƑƑūDžĿŠij ƑîƥĚȡ ċĚĿŠij ƥĺĚ ƑîƥĚ
îƥ DžĺĿČĺ î ƙĿŞĿŕîƑ ċūƑƑūDžĿŠij Čūƭŕē ċĚ ūċƥîĿŠĚē ljƑūŞ îŠ ĿŠēĚƎĚŠēĚŠƥ ǛŠîŠČĿĚƑ ƭŠēĚƑ ČūŞƎîƑîċŕĚ ƥĚƑŞƙ îŠē ČūŠēĿƥĿūŠƙȦ
ūŠƥĿŠijĚŠƥ ČūŠƙĿēĚƑîƥĿūŠ Ŀƙ ČŕîƙƙĿǛĚē ĚĿƥĺĚƑ îƙ ĚƐƭĿƥNj ūƑ î ǛŠîŠČĿîŕ ŕĿîċĿŕĿƥNjȦ ŞūƭŠƥƙ ČŕîƙƙĿǛĚē îƙ î ǛŠîŠČĿîŕ ŕĿîċĿŕĿƥNj îƑĚ
ƙƭċƙĚƐƭĚŠƥŕNj ƑĚŞĚîƙƭƑĚē ƥū ljîĿƑ DŽîŕƭĚ DžĿƥĺ ČĺîŠijĚƙ ĿŠ ljîĿƑ DŽîŕƭĚ ƑĚČūijŠĿƙĚē ĿŠ ƎƑūǛƥ ūƑ ŕūƙƙȦ
If the business combination is achieved in stages, the acquisition date carrying value of the acquirer’s previously held
equity interest in the acquiree is remeasured to fair value at the acquisition date. Any gains or losses arising from such
ƑĚŞĚîƙƭƑĚŞĚŠƥ îƑĚ ƑĚČūijŠĿƙĚē ĿŠ ƎƑūǛƥ ūƑ ŕūƙƙ ūƑ ūƥĺĚƑ ČūŞƎƑĚĺĚŠƙĿDŽĚ ĿŠČūŞĚȡ îƙ îƎƎƑūƎƑĿîƥĚȦ
Ŀȴ ¡ƑūƎĚƑƥNjȡ ƎŕîŠƥ îŠē ĚƐƭĿƎŞĚŠƥȠ
Freehold land is carried at historical cost. All other items of property, plant and equipment are stated at acquisition cost
ŠĚƥ ūlj îČČƭŞƭŕîƥĚē ēĚƎƑĚČĿîƥĿūŠ îŠē îČČƭŞƭŕîƥĚē ĿŞƎîĿƑŞĚŠƥ ŕūƙƙĚƙȡ Ŀlj îŠNjȦ OĿƙƥūƑĿČîŕ Čūƙƥ ĿŠČŕƭēĚƙ ĚNJƎĚŠēĿƥƭƑĚ ƥĺîƥ Ŀƙ
directly attributable to the acquisition of the items. Acquisition cost may also include transfers from equity of any gains or
ŕūƙƙĚƙ ūŠ ƐƭîŕĿljNjĿŠij Čîƙĺ ǜūDž ĺĚēijĚƙ ūlj ljūƑĚĿijŠ ČƭƑƑĚŠČNj ƎƭƑČĺîƙĚƙ ūlj ƎƑūƎĚƑƥNjȡ ƎŕîŠƥ îŠē ĚƐƭĿƎŞĚŠƥȦ
Subsequent costs are included in the carrying amount of asset or recognised as a separate asset, as appropriate, only
DžĺĚŠ Ŀƥ Ŀƙ ƎƑūċîċŕĚ ƥĺîƥ ljƭƥƭƑĚ ĚČūŠūŞĿČ ċĚŠĚǛƥƙ îƙƙūČĿîƥĚē DžĿƥĺ ƥĺĚ ĿƥĚŞ DžĿŕŕ ǜūDž ƥū ƥĺĚ HƑūƭƎ îŠē ƥĺĚ Čūƙƥ ūlj ƥĺĚ ĿƥĚŞ
can be measured reliably. Gains or losses arising on retirement or disposal of assets are recognised in the Consolidated
¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē gūƙƙȦ
GƑƭĿƥƙ ċĚîƑĿŠij ƎŕîŠƥƙ ƐƭîŕĿljNj îƙ ċĚîƑĚƑ ƎŕîŠƥƙ ƭŠēĚƑ TŠē ¬ ǧǬȦ /NJƎĚŠēĿƥƭƑĚ ĿŠČƭƑƑĚē ūŠ ČƭŕƥĿDŽîƥĿūŠ ūlj ƎŕîŠƥîƥĿūŠƙ ƭƎ ƥū ƥĺĚ
date they become capable of bearing fruit are accumulated under Bearer plant under development (Immature) and then
capitalised as a Bearer plant (Mature) to be depreciated over their estimated useful life.
The plantation destroyed due to calamity, disease or any other reasons whether capitalised as Bearer plant (Mature) or
ċĚĿŠij ČîƑƑĿĚē ƭŠēĚƑ ĚîƑĚƑ ƎŕîŠƥ ƭŠēĚƑ ēĚDŽĚŕūƎŞĚŠƥ ȳTŞŞîƥƭƑĚȴ îƑĚ ČĺîƑijĚē ūljlj ƥū ūŠƙūŕĿēîƥĚē ¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē
Loss.
192
Atul Ltd | Annual Report 2018-19
Corporate Overview 01-22
Statutory Reports 23-105
Financial Statements 107-250