Atul Ltd 2015-16

Atul Ltd | Annual Report 2015-16 ( ` cr) Note 7 Long-term provisions As at March 31, 2016 As at March 31, 2015 Provision for leave entitlement 17.38 15.98 Gratuity 0.07 0.06 17.45 16.04 ( ` cr) Note 8 Short-term borrowings As at March 31, 2016 As at March 31, 2015 a) Secured Working capital loans repayable on demand from banks 79.26 51.95 b) Unsecured Loan from banks including foreign banks 53.07 15.02 Loan from related parties 12.25 9.00 c) Buyers’ credit 6.91 – d) Commercial papers 100.00 100.00 e) Deposit from the Directors 0.01 0.01 251.50 175.98 ( ` cr) Note 9 Trade payables As at March 31, 2016 As at March 31, 2015 a) Total outstanding dues of micro enterprises and small enterprises 2.15 1.65 b) Total outstanding dues of creditors other than micro enterprises and small enterprises Acceptances 3.98 2.89 Others 300.75 267.65 306.88 272.19 ( ` cr) Note 10 Other current liabilities As at March 31, 2016 As at March 31, 2015 a) Current maturities of long-term borrowings (refer Note 4) 36.18 64.28 b) Interest accrued but not due on borrowings 0.46 0.71 c) Unclaimed dividends 1.44 1.27 d) Unclaimed matured deposits and interest thereon 0.02 0.02 e) Advances received from customers 7.63 8.39 f) Employee benefits payable 35.08 31.69 g) Creditors for capital goods 18.22 8.82 h) Commission and discount payable 6.83 11.17 i) Statutory dues 12.88 15.92 j) Others 6.64 4.27 125.38 146.54 ( ` cr) Note 11 Short-term provisions As at March 31, 2016 As at March 31, 2015 a) Provision for leave entitlement 5.42 5.60 b) Other employee benefits 0.25 0.35 c) Others: Provision for taxation (net of tax paid in advance) 0.17 5.18 Proposed dividend {refer Note 3 (g)} 29.66 25.21 Dividend distribution tax on proposed dividend 6.82 5.61 Other provisions 1.71 1.61 44.03 43.56 Notes to the Consolidated Financial Statements