Atul Ltd 2015-16

Atul Ltd | Annual Report 2015-16 ( ` cr) Note 20 Short-term loans and advances As at March 31, 2016 As at March 31, 2015 Loans and advances, unsecured, considered good to: a) Related parties 0.17 4.13 b) Others: i) Advances recoverable in cash or kind 108.18 86.57 ii) Balances with statutory authorities 20.77 26.46 iii) Sundry deposits 0.63 0.84 iv) Others 0.69 0.23 130.44 118.23 ( ` cr) Note 21 Other current assets As at March 31, 2016 As at March 31, 2015 Unsecured, considered good unless otherwise stated a) Export incentive receivable 27.87 21.53 b) Mark-to-Market gains on derivatives 3.55 3.34 c) Dividend receivable 0.45 0.11 d) Asset held for sale – 0.59 e) Sundry receivable Doubtful 0.19 0.19 Less: Provision for doubtful receivable 0.19 0.19 – – 31.87 25.57 ( ` cr) Note 22 Revenue from operations 2015-16 2014-15 Sale of products 2,713.50 2,782.02 Sale of services 0.55 0.21 Other operating revenue: Export incentives 37.98 34.38 Scrap sales 5.70 6.01 Commission 0.21 0.26 Processing charges 8.30 4.59 2,766.24 2,827.47 Less: Excise duty 164.80 171.08 2,601.44 2,656.39 Notes to the Consolidated Financial Statements