Atul Ltd 2012-13

Atul Ltd | Annual Report 2012-13 Notes to financial statements ( ` cr) NOTE 11 FIXED ASSETS ASSET BLOCK GROSS BLOCK (a) DEPRECIATION | AMORTISATION | IMPAIRMENT NET BLOCK As at March 31, 2012 Additions Other Adjustments Deductions and Adjustments As at March 31, 2013 Depreciation Upto March 31, 2012 For the Year Deductions and Adjustments As at March 31, 2013 Impairment Fund March 31, 2013 Depreciation and Impairment Fund March 31, 2013 As at March 31, 2013 As at March 31, 2012 Tangible assets Land - Freehold (d) and (e) 14.37 2.67 - - 17.04 - - - - - - 17.04 14.37 Land - Leasehold (b),(d) and (e) 23.17 - - 0.27 22.90 - - - - - - 22.90 23.17 Buildings (c), (d) and (e) 235.65 14.30 - 0.02 249.93 60.64 6.22 - 66.86 - 66.86 183.07 175.11 Roads 3.10 0.11 - - 3.21 1.24 0.06 - 1.30 - 1.30 1.91 1.86 Plant and equipment (f) 719.80 79.01 11.33 0.23 809.91 509.24 38.58 0.13 547.69 21.03 568.72 241.19 189.43 Railway siding 0.08 - - - 0.08 0.08 - - 0.08 - 0.08 - - 2IÀFH HTXLSPHQW IXUQLWXUH 24.37 2.48 - 0.02 26.83 16.99 1.41 0.01 18.39 - 18.39 8.44 7.38 Vehicles 13.37 1.83 - 1.40 13.80 7.14 1.83 1.07 7.90 - 7.90 5.90 6.23 Total Tangible assets 1,033.91 100.40 11.33 1.94 1,143.70 595.33 48.10 1.21 642.22 21.03 663.25 480.45 417.55 Intangible assets Computer software 10.08 2.53 - - 12.61 9.86 2.75 - 12.61 - 12.61 - 0.22 Total Intangible assets 10.08 2.53 - - 12.61 9.86 2.75 - 12.61 - 12.61 - 0.22 Total as at 1,043.99 102.93 11.33 1.94 1,156.31 605.19 50.85 1.21 654.83 21.03 675.86 480.45 417.77 March 31, 2013 Total as at 972.24 77.75 1.59 7.59 1,043.99 561.14 45.43 1.38 605.19 21.03 626.22 417.77 March 31, 2012 Notes: (a) At cost, except land - freehold, certain leasehold land, building premises which are stated at revalued value. (b) Land - Leasehold at cost less amounts written off. (c) Includes premises on ownership basis ` 1.10 cr (Previous year ` 1.10 cr) and cost of fully paid share in co-operative society ` 2,000 (Previous year ` 2,000). (d) The Company has revalued (i) Leasehold land ( ` 20.02 cr) and (ii) Commercial land & building at Ahmedabad, Mumbai and Delhi ( ` 87.45 cr) as at March 31, 2008 at fair market value as determined by an independent valuer appointed for the purpose. Resultant increase of ` 107.47 cr in book value has been transferred to Revaluation Reserve. H 3XUVXDQW WR WKH RUGHU SDVVHG E\ +RQRXUDEOH +LJK &RXUW RI *XMDUDW GDWHG 1RYHPEHU DQG $SULO LQ FDVH RI ZDWHU FKDUJHV WKH &RPSDQ\ KDV FUHDWHG ÀUVW FKDUJH RYHU LWV certain land & buildings in favour of Government of Gujarat and paid Security Deposit ` 2 cr (Previous year ` 2 cr). (f) Exchange rate difference capitalised during the year ` 10.74 cr (Previous year ` 1.89 cr). J 3XUVXDQW WR WKH FODULÀFDWLRQ UHJDUGLQJ DSSOLFDELOLW\ RI 3DUD RI $FFRXQWLQJ 6WDQGDUG DQG 3DUD H RI $FFRXQWLQJ 6WDQGDUG YLGH FLUFXODU QXPEHU _ GDWHG $XJXVW IURP 0&$ ÀQDQFH FRVWV DPRXQWLQJ WR ` FU GHELWHG WR WKH 6WDWHPHQW RI 3URÀW DQG /RVV GXULQJ WKH SUHYLRXV ÀQDQFLDO \HDU KDYH EHHQ DGGHG WR WKH FRVW RI À[HG DVVHWV LQ FXUUHQW \HDU Further for current year an amount of ` FU KDV EHHQ DGGHG WR WKH FRVW RI À[HG DVVHWV $V D UHVXOW RI WKLV FKDQJH GHSUHFLDWLRQ IRU WKH FXUUHQW SHULRG LV KLJKHU E\ ` FU ÀQDQFH cost is lower by ` FU DQG SURÀW IRU WKH \HDU LV KLJKHU E\ ` 9.70 cr. (h) Break-up of depreciation for the year ( ` cr) Particulars 2012-13 2011-12 Depreciation | Amortisation for the year 50.85 45.43 Add: Amortisation of Leasehold land 0.27 0.28 Less: Amount withdrawn from Revaluation reserve (see Note 3) 2.06 2.06 'HSUHFLDWLRQ _ $PRUWLVDWLRQ DV SHU 6WDWHPHQW RI 3URÀW DQG /RVV 49.06 43.65