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Atul Ltd | Annual Report 2016-17
1)
The following assets and liabilities of Rudolf Atul Chemicals Ltd were previously proportionately
consolidated under IGAAP:
(
`
cr)
Particulars
As at
March 31, 2016
As at
April 01, 2015
Non-current assets
Property, plant and equipment
0.58
0.28
Capital work-in-progress
0.24
0.11
Deferred tax assets
0.05
0.08
Long-term loans and advances
1.31
1.41
Total non-current assets
2.18
1.88
Current assets
Inventories
3.06
2.79
Trade receivables
6.47
5.35
Cash and cash equivalents
2.32
3.77
Short-term loans and advances
5.43
0.14
Other current assets
0.13
0.61
Total current assets
17.41
12.66
Total assets
19.59
14.54
Current liabilities
Trade payables
4.10
3.41
Short-term provisions
4.49
0.73
Other current liabilities
0.86
0.43
Total liabilities
9.45
4.57
Net assets de-recognised
10.14
9.97
Share of net assets recognised under equity method
10.14
9.97
2)
The following items of income and expenses of Rudolf Atul Chemicals Ltd were previously
proportionately consolidated under IGAAP:
(
`
cr)
Particulars
2015-16
INCOME
Revenue from operations
30.74
Other income
0.44
31.18
Expenses
Cost of sales
18.73
Finance costs
0.01
Depreciation and amortisation expenses
0.06
Other expenses
5.42
Tax expense
2.41
Profit after tax
4.11
3)
Impact on account of equity accounting of the joint venture company under Ind AS:
(
`
cr)
Particulars
2015-16
Share of profit of joint venture company recognised as per equity method
4.11
Share of Other Comprehensive Income (remeasurement) of joint venture company
recognised as per equity method
–
Notes
to the Consolidated Financial Statements