Atul Ltd 2012-13

109 Notes to Consolidated financial statements ( ` cr) NOTE 3 RESERVES AND SURPLUS As at March 31, 2013 As at March 31, 2012 (a) Capital reserve 6.68 6.68 (b) Securities premium account 36.27 36.27 (c) Central and state subsidy reserve 6.63 6.63 Add: Received during the year 2.29 - Balance as at the end of the year 8.92 6.63 (d) Revaluation reserve: Balance as at the beginning of the year 114.27 116.33 /HVV 7UDQVIHUUHG WR 6WDWHPHQW RI 3URÀW DQG /RVV 2.65 2.06 Balance as at the end of the year 111.62 114.27 (e) Hedging reserve (see Note 27.4): Balance as at the beginning of the year (0.78) (5.09) $GG 7UDQVIHUUHG WR 6WDWHPHQW RI 3URÀW DQG /RVV 0.78 5.09 Less: Effect of foreign exchange rate variation on hedging instruments Outstanding at the end of the year (0.74) 0.78 Balance as at the end of the year 0.74 (0.78) (f) General reserve: Balance as at the beginning of the year 63.00 55.16 Add: Reversal of provision for diminution of investment in associate 0.07 - Less: Investment in associate company now tranferred on becoming subsidiary company - (0.97) $GG 7UDQVIHUUHG IURP 6WDWHPHQW RI 3URÀW DQG /RVV 13.55 8.81 Balance as at the end of the year 76.62 63.00 J 6XUSOXV LQ 6WDWHPHQW RI 3URÀW DQG /RVV Balance as at the beginning of the year 398.31 331.54 $GG 3URÀW IRU WKH \HDU 119.77 91.10 Amount available for appropriation 518.08 422.64 Less : Appropriations General reserve 13.55 8.81 Proposed dividend on Equity Shares for the year {at ` 6.00 per share (March 31, 2012 ` 4.50 per share)} 17.80 13.35 Dividend distribution tax on proposed dividend 3.02 2.17 Balance as at the end of the year 483.71 398.31 724.56 624.38