Atul AR 2018-19 Cover to Cover high res

ŞūƑƥĿƙîƥĿūŠ ŞĚƥĺūēƙȡ ĚƙƥĿŞîƥĚē ƭƙĚljƭŕ ŕĿǄĚƙ îŠē ƑĚƙĿēƭîŕ ǄîŕƭĚȠ

TŠƥîŠijĿċŕĚ îƙƙĚƥƙ ǅĿƥĺ ǛŠĿƥĚ ŕĿǄĚƙ îƑĚ îŞūƑƥĿƙĚē ūǄĚƑ ƥĺĚ ƭƙĚljƭŕ ĚČūŠūŞĿČ ŕĿljĚ ūŠ ƙƥƑîĿijĺƥ ŕĿŠĚ ċîƙĿƙ îŠē îƙƙĚƙƙĚē ljūƑ

impairment whenever there is an indication that the intangible asset may be impaired. The amortisation period and the

îŞūƑƥĿƙîƥĿūŠ ŞĚƥĺūē ljūƑ îŠ ĿŠƥîŠijĿċŕĚ îƙƙĚƥ ǅĿƥĺ î ǛŠĿƥĚ ƭƙĚljƭŕ ŕĿljĚ Ŀƙ ƑĚǄĿĚǅĚē îŠŠƭîŕŕǋ îŠē îēŏƭƙƥĚē ƎƑūƙƎĚČƥĿǄĚŕǋȡ Ŀlj

appropriate.

¹ĺĚ îŞūƑƥĿƙîƥĿūŠ ĚǊƎĚŠƙĚ ūŠ ĿŠƥîŠijĿċŕĚ îƙƙĚƥƙ ǅĿƥĺ ǛŠĿƥĚ ŕĿǄĚƙ Ŀƙ ƑĚČūijŠĿƙĚē ĿŠ ƥĺĚ ūŠƙūŕĿēîƥĚē ¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē

gūƙƙ ƭŠŕĚƙƙ ƙƭČĺ ĚǊƎĚŠēĿƥƭƑĚ ljūƑŞƙ ƎîƑƥ ūlj ČîƑƑǋĿŠij ǄîŕƭĚ ūlj îŠūƥĺĚƑ îƙƙĚƥȦ /ƙƥĿŞîƥĚē ƭƙĚljƭŕ ŕĿǄĚƙ ūlj ƥĺĚ ĿŠƥîŠijĿċŕĚ îƙƙĚƥƙ

are as follows:

Asset category

Estimated useful life

Computer software

three years

Non-compete fees

ǛǄĚ ǋĚîƑƙ

ŕȴ TŠǄĚƙƥŞĚŠƥ ƎƑūƎĚƑƥĿĚƙȠ

Property that is held for long-term rental yields or for capital appreciation or both, and that is not in use by the Group, is

ČŕîƙƙĿǛĚē îƙ ĿŠǄĚƙƥŞĚŠƥ ƎƑūƎĚƑƥǋȦ gîŠē ĺĚŕē ljūƑ î ČƭƑƑĚŠƥŕǋ ƭŠēĚƥĚƑŞĿŠĚē ljƭƥƭƑĚ ƭƙĚ Ŀƙ îŕƙū ČŕîƙƙĿǛĚē îƙ îŠ ĿŠǄĚƙƥŞĚŠƥ

property. Investment property is measured at its acquisition cost, including related transaction costs and where applicable,

borrowing costs.

Şȴ TŞƎîĿƑŞĚŠƥ ūlj îƙƙĚƥƙȠ

The carrying amount of assets are reviewed at each Balance Sheet date to assess if there is any indication of impairment

ċîƙĚē ūŠ ĿŠƥĚƑŠîŕ ʈ ĚǊƥĚƑŠîŕ ljîČƥūƑƙȦ Š ĿŞƎîĿƑŞĚŠƥ ŕūƙƙ ūŠ ƙƭČĺ îƙƙĚƙƙŞĚŠƥ ǅĿŕŕ ċĚ ƑĚČūijŠĿƙĚē ǅĺĚƑĚǄĚƑ ƥĺĚ ČîƑƑǋĿŠij

îŞūƭŠƥ ūlj îŠ îƙƙĚƥ ĚǊČĚĚēƙ Ŀƥƙ ƑĚČūǄĚƑîċŕĚ îŞūƭŠƥȦ ¹ĺĚ ƑĚČūǄĚƑîċŕĚ îŞūƭŠƥ ūlj ƥĺĚ îƙƙĚƥƙ Ŀƙ ŠĚƥ ƙĚŕŕĿŠij ƎƑĿČĚ ūƑ ǄîŕƭĚ

ĿŠ ƭƙĚȡ ǅĺĿČĺĚǄĚƑ Ŀƙ ĺĿijĺĚƑȦ ØĺĿŕĚ îƙƙĚƙƙĿŠij ǄîŕƭĚ ĿŠ ƭƙĚȡ ƥĺĚ ĚƙƥĿŞîƥĚē ljƭƥƭƑĚ Čîƙĺ ǜūǅƙ îƑĚ ēĿƙČūƭŠƥĚē ƥū ƥĺĚ ƎƑĚƙĚŠƥ

value by using weighted average cost of capital. A previously recognised impairment loss is further provided or reversed

ēĚƎĚŠēĿŠij ūŠ ČĺîŠijĚƙ ĿŠ ƥĺĚ ČĿƑČƭŞƙƥîŠČĚƙ îŠē ƥū ƥĺĚ ĚǊƥĚŠƥ ƥĺîƥ ƥĺĚ ČîƑƑǋĿŠij îŞūƭŠƥ ūlj ƥĺĚ îƙƙĚƥ ēūĚƙ Šūƥ ĚǊČĚĚē ƥĺĚ

carrying amount that would have been determined if no impairment loss had previously been recognised.

Šȴ îƙĺ îŠē Čîƙĺ ĚƐƭĿǄîŕĚŠƥƙȠ

Cash and cash equivalents include cash in hand, demand deposits with bank and other short-term (three months or less

ljƑūŞ ƥĺĚ ēîƥĚ ūlj îČƐƭĿƙĿƥĿūŠȴȡ ĺĿijĺŕǋ ŕĿƐƭĿē ĿŠǄĚƙƥŞĚŠƥƙ ƥĺîƥ îƑĚ ƑĚîēĿŕǋ ČūŠǄĚƑƥĿċŕĚ ĿŠƥū Čîƙĺ îŠē ǅĺĿČĺ îƑĚ ƙƭċŏĚČƥ ƥū îŠ

ĿŠƙĿijŠĿǛČîŠƥ ƑĿƙŒ ūlj ČĺîŠijĚƙ ĿŠ ǄîŕƭĚȦ

ūȴ ¹ƑîēĚ ƑĚČĚĿǄîċŕĚƙȠ

Trade receivables are recognised when the right to consideration becomes unconditional. These assets are held at

amortised cost, using the effective interest rate (EIR) method where applicable, less provision for impairment based on

ĚǊƎĚČƥĚē ČƑĚēĿƥ ŕūƙƙȦ

Ǝȴ ¹ƑîēĚ îŠē ūƥĺĚƑ ƎîǋîċŕĚƙȠ

¹ĺĚƙĚ îŞūƭŠƥƙ ƑĚƎƑĚƙĚŠƥ ŕĿîċĿŕĿƥĿĚƙ ljūƑ ijūūēƙ îŠē ƙĚƑǄĿČĚƙ ƎƑūǄĿēĚē ƥū ƥĺĚ HƑūƭƎ ƎƑĿūƑ ƥū ƥĺĚ ĚŠē ūlj ǛŠîŠČĿîŕ ǋĚîƑ ǅĺĿČĺ

are unpaid. Trade and other payables are presented as current liabilities unless payment is not due within 12 months from

the reporting date. They are recognised initially at their fair value and subsequently measured at amortised cost using the

effective interest method.

Ɛȴ TŠǄĚŠƥūƑĿĚƙȠ

Inventories (other than harvested product of biological assets) are stated at cost or net realisable value whichever is lower.

Cost is arrived at on moving weighted average basis.

Cost comprises all costs of purchase, costs of conversion and other costs incurred in bringing the inventory to the present

ŕūČîƥĿūŠ îŠē ČūŠēĿƥĿūŠȦ ūƙƥ ĿŠČŕƭēĚƙ ƥĺĚ ƑĚČŕîƙƙĿǛČîƥĿūŠ ljƑūŞ ĚƐƭĿƥǋ ūlj îŠǋ ijîĿŠƙ ūƑ ŕūƙƙĚƙ ūŠ ƐƭîŕĿljǋĿŠij Čîƙĺ ǜūǅ ĺĚēijĚƙ

ƑĚŕîƥĿŠij ƥū ƎƭƑČĺîƙĚƙ ūlj Ƒîǅ ŞîƥĚƑĿîŕ ċƭƥ ĚǊČŕƭēĚƙ ċūƑƑūǅĿŠij ČūƙƥƙȦ