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/ƐƭĿƥNj ĿŠƙƥƑƭŞĚŠƥƙȠ
The Group subsequently measures all investments in equity instruments at fair value. The Management of the Group has
elected to present fair value gains and losses on its investment equity instruments in other comprehensive income, and
ƥĺĚƑĚ Ŀƙ Šū ƙƭċƙĚƐƭĚŠƥ ƑĚČŕîƙƙĿǛČîƥĿūŠ ūlj ƥĺĚƙĚ ljîĿƑ DŽîŕƭĚ ijîĿŠƙ îŠē ŕūƙƙĚƙ ƥū ƥĺĚ ūŠƙūŕĿēîƥĚē ¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē
gūƙƙȦ 'ĿDŽĿēĚŠēƙ ljƑūŞ ƙƭČĺ ĿŠDŽĚƙƥŞĚŠƥƙ ČūŠƥĿŠƭĚ ƥū ċĚ ƑĚČūijŠĿƙĚē ĿŠ ƥĺĚ ¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē gūƙƙ îƙ ūƥĺĚƑ ĿŠČūŞĚ
when the right to receive payment is established.
Impairment losses (and reversal of impairment losses) on equity investments measured at FVOCI are not reported
separately from other changes in fair value.
TŞƎîĿƑŞĚŠƥ ūlj ǛŠîŠČĿîŕ îƙƙĚƥƙȠ
¹ĺĚ HƑūƭƎ îƙƙĚƙƙĚƙ ūŠ î ljūƑDžîƑē ŕūūŒĿŠij ċîƙĿƙ ƥĺĚ ĚNJƎĚČƥĚē ČƑĚēĿƥ ŕūƙƙĚƙ îƙƙūČĿîƥĚē DžĿƥĺ Ŀƥƙ ǛŠîŠČĿîŕ îƙƙĚƥƙ ČîƑƑĿĚē îƥ
amortised cost and FVOCI debt instruments. The impairment methodology applied depends on whether there has been a
ƙĿijŠĿǛČîŠƥ ĿŠČƑĚîƙĚ ĿŠ ČƑĚēĿƥ ƑĿƙŒȦ
GūƑ ƥƑîēĚ ƑĚČĚĿDŽîċŕĚ ūŠŕNjȡ ƥĺĚ HƑūƭƎ îƎƎŕĿĚƙ ƥĺĚ ƙĿŞƎŕĿǛĚē îƎƎƑūîČĺ ƎĚƑŞĿƥƥĚē ċNj TŠē ¬ ǧǦǯ GĿŠîŠČĿîŕ TŠƙƥƑƭŞĚŠƥƙȡ DžĺĿČĺ
ƑĚƐƭĿƑĚƙ ĚNJƎĚČƥĚē ŕĿljĚƥĿŞĚ ŕūƙƙĚƙ ƥū ċĚ ƑĚČūijŠĿƙĚē ljƑūŞ ĿŠĿƥĿîŕ ƑĚČūijŠĿƥĿūŠ ūlj ƙƭČĺ ƑĚČĚĿDŽîċŕĚƙȦ
'ĚƑĚČūijŠĿƥĿūŠȠ
ǛŠîŠČĿîŕ îƙƙĚƥ Ŀƙ ēĚƑĚČūijŠĿƙĚē ūŠŕNj DžĺĚŠ ƥĺĚ HƑūƭƎȠ
Ŀȴ
ĺîƙ ƥƑîŠƙljĚƑƑĚē ƥĺĚ ƑĿijĺƥƙ ƥū ƑĚČĚĿDŽĚ Čîƙĺ ǜūDžƙ ljƑūŞ ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥ ūƑȡ
ĿĿȴ ƥĺĚ ƑĿijĺƥƙ ƥū Čîƙĺ ǜūDž ljƑūŞ ƥĺĚ îƙƙĚƥ ĚNJƎĿƑĚ ūƑȡ
ĿĿȴ ƑĚƥîĿŠƙ ƥĺĚ ČūŠƥƑîČƥƭîŕ ƑĿijĺƥƙ ƥū ƑĚČĚĿDŽĚ ƥĺĚ Čîƙĺ ǜūDžƙ ūlj ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥȡ ċƭƥ îƙƙƭŞĚƙ î ČūŠƥƑîČƥƭîŕ ūċŕĿijîƥĿūŠ ƥū
ƎîNj ƥĺĚ Čîƙĺ ǜūDžƙ ƥū ūŠĚ ūƑ ŞūƑĚ ƑĚČĿƎĿĚŠƥƙȦ
Where the entity has transferred an asset, theGroup evaluateswhether it has transferred substantially all risks and rewards
ūlj ūDžŠĚƑƙĺĿƎ ūlj ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥȦ TŠ ƙƭČĺ ČîƙĚƙȡ ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥ Ŀƙ ēĚƑĚČūijŠĿƙĚē ƥĺƑūƭijĺ ūŠƙūŕĿēîƥĚē ¬ƥîƥĚŞĚŠƥ ūlj
¡ƑūǛƥ îŠē gūƙƙ ūƑ ūƥĺĚƑ ČūŞƎƑĚĺĚŠƙĿDŽĚ ĿŠČūŞĚ îƙ îƎƎŕĿČîċŕĚȦ ØĺĚƑĚ ƥĺĚ ĚŠƥĿƥNj ĺîƙ Šūƥ ƥƑîŠƙljĚƑƑĚē ƙƭċƙƥîŠƥĿîŕŕNj îŕŕ ƑĿƙŒƙ
îŠē ƑĚDžîƑēƙ ūlj ūDžŠĚƑƙĺĿƎ ūlj ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥȡ ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥ Ŀƙ Šūƥ ēĚƑĚČūijŠĿƙĚēȦ
ØĺĚƑĚ ƥĺĚ ĚŠƥĿƥNj ĺîƙ ŠĚĿƥĺĚƑ ƥƑîŠƙljĚƑƑĚē î ǛŠîŠČĿîŕ îƙƙĚƥ ŠūƑ ƑĚƥîĿŠƙ ƙƭċƙƥîŠƥĿîŕŕNj îŕŕ ƑĿƙŒƙ îŠē ƑĚDžîƑēƙ ūlj ūDžŠĚƑƙĺĿƎ
ūlj ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥȡ ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥ Ŀƙ ēĚƑĚČūijŠĿƙĚē Ŀlj ƥĺĚ HƑūƭƎ ĺîƙ Šūƥ ƑĚƥîĿŠĚē ČūŠƥƑūŕ ūlj ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥȦ
ØĺĚƑĚ ƥĺĚ HƑūƭƎ ƑĚƥîĿŠƙ ČūŠƥƑūŕ ūlj ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥȡ ƥĺĚ îƙƙĚƥ Ŀƙ ČūŠƥĿŠƭĚē ƥū ċĚ ƑĚČūijŠĿƙĚē ƥū ƥĺĚ ĚNJƥĚŠƥ ūlj ČūŠƥĿŠƭĿŠij
ĿŠDŽūŕDŽĚŞĚŠƥ ĿŠ ƥĺĚ ǛŠîŠČĿîŕ îƙƙĚƥȦ
ƙȴ GĿŠîŠČĿîŕ ŕĿîċĿŕĿƥĿĚƙȠ
Ŀȴ
ŕîƙƙĿǛČîƥĿūŠ îƙ ēĚċƥ ūƑ ĚƐƭĿƥNjȠ
GĿŠîŠČĿîŕ ŕĿîċĿŕĿƥĿĚƙ îŠē ĚƐƭĿƥNj ĿŠƙƥƑƭŞĚŠƥƙ ĿƙƙƭĚē ċNj ƥĺĚ HƑūƭƎ îƑĚ ČŕîƙƙĿǛĚē îČČūƑēĿŠij ƥū ƥĺĚ ƙƭċƙƥîŠČĚ ūlj ƥĺĚ
ČūŠƥƑîČƥƭîŕ îƑƑîŠijĚŞĚŠƥƙ ĚŠƥĚƑĚē ĿŠƥū îŠē ƥĺĚ ēĚǛŠĿƥĿūŠƙ ūlj î ǛŠîŠČĿîŕ ŕĿîċĿŕĿƥNj îŠē îŠ ĚƐƭĿƥNj ĿŠƙƥƑƭŞĚŠƥȦ
ii) Initial recognition and measurement:
Financial liabilities are recognised when the Group becomes a party to the contractual provisions of the instrument.
Financial liabilities are initially measured at fair value.
iii) Subsequent measurement:
Financial liabilities are subsequently measured at amortised cost using the effective interest rate method. Financial
ŕĿîċĿŕĿƥĿĚƙ ČîƑƑĿĚē îƥ ljîĿƑ DŽîŕƭĚ ƥĺƑūƭijĺ ƎƑūǛƥ ūƑ ŕūƙƙ îƑĚ ŞĚîƙƭƑĚē îƥ ljîĿƑ DŽîŕƭĚ DžĿƥĺ îŕŕ ČĺîŠijĚƙ ĿŠ ljîĿƑ DŽîŕƭĚ ƑĚČūijŠĿƙĚē
ĿŠ ƥĺĚ ūŠƙūŕĿēîƥĚē ¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē gūƙƙȦ
iv) Derecognition:
ǛŠîŠČĿîŕ ŕĿîċĿŕĿƥNj Ŀƙ ēĚƑĚČūijŠĿƙĚē DžĺĚŠ ƥĺĚ ūċŕĿijîƥĿūŠ ƙƎĚČĿǛĚē ĿŠ ƥĺĚ ČūŠƥƑîČƥ Ŀƙ ēĿƙČĺîƑijĚēȡ ČîŠČĚŕŕĚē ūƑ ĚNJƎĿƑĚƙȦ
ƥȴ ~ljljƙĚƥƥĿŠij ǛŠîŠČĿîŕ ĿŠƙƥƑƭŞĚŠƥƙȠ
Financial assets and liabilities are offset and the net amount is reported in the Balance Sheet where there is a legally
enforceable right to offset the recognised amounts and there is an intention to settle on a net basis or realise the assets
and settle the liabilities simultaneously.
196
Atul Ltd | Annual Report 2018-19
Corporate Overview 01-22
Statutory Reports 23-105
Financial Statements 107-250