Atul Ltd 2013-14

Atul Ltd | Annual Report 2013-14 ( ` cr) NOTE 12 FIXED ASSETS ASSET BLOCK GROSS BLOCK (a) DEPRECIATION | AMORTISATION | IMPAIRMENT NET BLOCK As at March 31, 2013 Additions Other Adjustments Deductions and Adjustments As at March 31, 2014 Depreciation Upto March 31, 2013 For the Year Deductions and Adjustments As at March 31, 2014 Impairment Fund March 31, 2014 Depreciation and Impairment Fund March 31, 2014 As at March 31, 2014 As at March 31, 2013 Tangible assets Land - Freehold (d) 17.04 4.87 – 0.50 21.41 – – – – – – 21.41 17.04 Land - Leasehold (b) and (d) 22.90 – – 0.55 22.35 – – – – – – 22.35 22.90 Buildings (c) and (d) 257.82 15.53 – 9.10 264.25 67.45 7.36 2.15 72.66 – 72.66 191.59 190.37 Roads 3.21 0.10 – – 3.31 1.30 0.05 – 1.35 – 1.35 1.96 1.91 Plant and equipment (e) and (f) 833.38 89.04 8.53 11.85 919.10 554.22 48.79 19.80 583.21 21.03 604.24 314.86 258.13 Railway siding 0.08 – – – 0.08 0.08 – – 0.08 – 0.08 – – Office equipment and furniture 28.02 5.55 – 0.17 33.40 19.01 2.37 0.16 21.22 – 21.22 12.18 9.01 Vehicles 14.09 1.45 – 0.62 14.92 8.04 1.69 0.36 9.37 – 9.37 5.55 6.05 Total Tangible assets 1,176.54 116.54 8.53 22.79 1,278.82 650.10 60.26 22.47 687.89 21.03 708.92 569.90 505.41 Intangible assets Technical know-how 1.10 – – – 1.10 0.41 0.35 – 0.76 – 0.76 0.34 0.69 Computer software 12.67 0.27 – – 12.94 12.64 0.27 – 12.91 – 12.91 0.03 0.03 Total Intangible assets 13.77 0.27 – – 14.04 13.05 0.62 – 13.67 – 13.67 0.37 0.72 Total as at March 31, 2014 1,190.31 116.81 8.53 22.79 1,292.86 663.15 60.88 22.47 701.56 21.03 722.59 570.27 506.13 Total as at March 31, 2013 1,075.37 106.42 11.33 2.81 1,190.31 610.71 53.75 1.31 663.15 21.03 684.18 506.13 Notes: (a) At cost, except land - freehold, certain leasehold land, building premises and plant and equipment 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) Pursuant to the order passed by Honourable High Court of Gujarat, dated November 17, 2008 and April 17, 2009 in case of water charges, the Company has created first charge over its certain land and buildings in favour of Government of Gujarat and paid Security Deposit ` 2 cr (Previous year: ` 2 cr). (e) Exchange rate difference capitalised during the year ` 8.53 cr (Previous year: ` 10.74 cr). (f) Exchange rate difference which remains unamortised in accordance with the option exercised under Para 46A of Accounting Standard - 11 is ` 16.62 cr (Previous year: ` 11.70 cr). Notes to the Consolidated Financial Statements