Atul Ltd 2016-17

Atul Ltd | Annual Report 2016-17 ( ` cr) Note 10 Trade receivables As at March 31, 2017 As at March 31, 2016 As at April 01, 2015 a) Unsecured, considered good i) Trade receivables 413.46 354.06 344.52 ii) Related Parties (refer Note 27.4) 93.60 66.06 94.67 b) Unsecured, considered doubtful 3.16 3.80 2.73 Less: Allowance for doubtful debts 3.16 3.80 2.73 – – – 507.06 420.12 439.19 ( ` cr) Note 11 Cash and cash equivalents As at March 31, 2017 As at March 31, 2016 As at April 01, 2015 a) Balances with banks In current accounts 5.28 3.31 4.62 b) Cash on hand 0.10 0.09 0.08 5.38 3.40 4.70 There are no repatriation restrictions with regard to cash and cash equivalents as at the end of the reporting period and prior period. ( ` cr) Note 12  Bank balances other than cash and cash equivalents above As at March 31, 2017 As at March 31, 2016 As at April 01, 2015 a) Unclaimed dividend 1.71 1.44 1.27 b) Unclaimed interest on public deposit 0.02 0.02 0.02 c) Short-term bank deposit with maturity between 3 to 12 months 0.10 0.46 0.41 1.83 1.92 1.70 ( ` cr) Note 13 Equity share capital As at March 31, 2017 As at March 31, 2016 As at April 01, 2015 Authorised 8,00,00,000 (March 31, 2016 and April 01, 2015: 8,00,00,000) Equity shares of ` 10 each 80.00 80.00 80.00 80.00 80.00 80.00 Issued 2,96,91,780 (March 31, 2016 and April 01, 2015: 2,96,91,780) Equity shares of ` 10 each 29.69 29.69 29.69 29.69 29.69 29.69 Subscribed 2,96,61,733 (March 31, 2016 and April 01, 2015: 2,96,61,733) Equity shares of ` 10 each, fully paid 29.66 29.66 29.66 29,991 (March 31, 2016 and April 01, 2015: 29,991) Add: Forfeited shares (amount paid-up) 0.02 0.02 0.02 29.68 29.68 29.68 a) Rights, preferences and restrictions: The Company has one class of shares referred to as Equity shares having a par value of ` 10. i) Equity shares: I n the event of liquidation of the Company, the holders of Equity shares will be entitled to receive any of the remaining assets of the Company, after distribution of all preferential amounts and Preference shares. The distribution will be in proportion to the number of Equity shares held by the Shareholders. Each holder of Equity shares is entitled to one vote per share. ii) Dividend: T he Company declares and pays dividend in Indian rupees. The dividend proposed by the Board is subject to the approval of the Shareholders in the ensuing Annual General Meeting. Notes to the Financial Statements