Atul Ltd 2016-17

111 ( ` cr) Note 7 Other financial assets As at March 31, 2017 As at March 31, 2016 As at April 01, 2015 Current Non- current Current Non- current Current Non- current a) Security deposits for utilities and premises 0.41 2.86 0.60 2.86 0.83 2.76 b) Derivative financial assets – foreign exchange forward contracts 1.31 – 3.55 2.37 3.34 5.47 c) Finance lease receivable – 1.38 – 1.29 – 1.42 d) Balance with banks in fixed deposits, with maturity beyond 12 months – 0.41 – – – 0.02 e) Dividend receivable 15.93 – 0.09 – – – f) Other receivables (including discount receivable, insurance receivable, etc.) 7.47 – 6.67 – 7.52 – 25.12 4.65 10.91 6.52 11.69 9.67 ( ` cr) Note 8 Other assets As at March 31, 2017 As at March 31, 2016 As at April 01, 2015 Current Non- current Current Non- current Current Non- current a) Balances with the Government authorities i) Tax paid under protest – 16.46 – 19.91 – 16.80 ii) VAT receivable 6.33 34.99 37.35 28.67 26.07 29.84 iii) Balances with the statutory authorities 59.00 – 49.40 – 49.78 – iv) Deposit paid under protest – 3.41 – 0.98 – – v) Security deposit – 2.00 – 2.00 – 2.00 b) Export incentive receivable 30.37 – 34.76 – 29.66 – c) Capital advances – 17.77 – 20.16 – 22.88 d) Advances i) Related Parties (refer Note 27.4) – – 0.17 – 4.13 – ii) Others 25.02 – 24.86 – 18.86 – e) Other receivables 0.78 – 0.64 – 0.48 – 121.50 74.63 147.18 71.72 128.98 71.52 ( ` cr) Note 9 Inventories * As at March 31, 2017 As at March 31, 2016 As at April 01, 2015 a) Raw materials and packing materials 82.22 68.01 79.22 Add: Goods-in-transit 18.01 28.90 22.00 100.23 96.91 101.22 b) Work-in-progress 112.76 113.64 107.13 c) Finished goods 112.03 127.48 109.05 d) Stock-in-trade 5.55 7.10 4.38 e) Stores, spares and fuel 30.27 27.41 20.74 Add: Goods-in-transit 7.05 1.63 7.13 37.32 29.04 27.87 367.89 374.17 349.65 * Goods-in-transit at cost to date and others at cost or net realisable value whichever is lower. Amounts recognised in the Statement of Profit and Loss Written-down value of inventories to net realisable value amounted to ` 6.21 cr (March 31, 2016: ` 10.09 cr). These were recognised as an expense during the year and included in cost of materials consumed, and changes in value of inventories of work-in-progress, stock-in-trade and finished goods in the Statement of Profit and Loss. Notes to the Financial Statements