Atul Ltd 2009-10

Corporate Identity Serving Diverse Industries Purpose and Values Overview by the Chairman Operational Highlights Financial Analysis Research and Technology Safety, HealthandEnvironment Serving the Society Directors’ Report Management Discussion andAnalysis Report on Corporate Governance Financial Statements SCHEDULE 16 NOTES FORMING PART OF THE ACCOUNTS (contd) Schedule forming part of the accounts 9 Deferred Tax adjustments recognised in the financial statements (Rs crores) Particulars Balance As at March 31, 2010 Charge | credit Balance As at March 31, 2009 During the year Deferred Tax Liabilities: on account of timing difference in (a) Depreciation | impairment loss 29.05 (1.94) 30.99 29.05 (1.94) 30.99 Deferred Tax Assets: on account of timing difference in (a) Provision for leave encashment 4.36 0.22 4.14 (b) 43 B expenses allowable 0.42 (0.19) 0.61 (c) Provision for doubtful debts - (2.28) 2.28 (d) Provision for doubtful advances 0.06 (3.39) 3.45 (e) Payment under VRS 1.63 (1.16) 2.79 6.47 (6.80) 13.27 Net deferred tax liability | (assets) 22.58 4.86 17.72 10 Related party information (a) Name of the related party and nature of relationship: No Name of the related party Description of relationship Party where control exist 1 Atul Europe Limited } 2 Atul Americas, Inc. 3 Atul Deutchland GMBH 4 Atul China International Trading Co (Shangai) Limited Subsidiaries 5 Ameer Trading Corp Limited 6 Atul Rajasthan Date Palm Limited 7 Amal Limited } 8 Atul Bioscience Limited Associate company 9 Gujarat Synthwood Limited 10 AtRo Limited 11 Atul Bio Space Private Limited } 12 Atul Solar Energy Private Limited Enterprise over which control exercised by key management personnel 13 The Biyaban Agri Limited 14 Raja Dates Limited 15 The Aasthan Dates Limited 16 LAPOX Polymers Pvt Limited } Enterprise over which significant influence exercised 17 Atul Infotech Private Limited 18 Atul (Retail) Brands Private Limited