Atul Ltd 2016-17

Atul Ltd | Annual Report 2016-17 Transition to Ind AS (continued) B) Reconciliations between IGAAP and Ind AS Ind AS 101 requires an entity to reconcile equity, total comprehensive income and cash flows for prior periods. The following tables represent the reconciliations from IGAAP to Ind AS: a) Reconciliation of Balance Sheet for the year ended March 31, 2016 and April 01, 2015 ( ` cr) Particulars Note to first time adoption As at March 31, 2016 As at April 01, 2015 Regrouped IGAAP* Adjustments Ind AS Regrouped IGAAP* Adjustments Ind AS ASSETS Non-current assets Property, plant and equipment a, g, p, q 750.44 (0.96) 749.48 514.21 (3.03) 511.18 Capital work-in-progress q 180.68 (0.24) 180.44 112.05 (0.11) 111.94 Investment properties a – 3.22 3.22 – 3.22 3.22 Other intangible assets 0.12 – 0.12 0.22 – 0.22 Biological assets other than bearer plants n – 8.20 8.20 – 7.24 7.24 Investments accounted for using the equity method I, q – 32.43 32.43 – 28.67 28.67 Financial assets i) Investments b, p 60.79 283.43 344.22 62.60 320.13 382.73 ii) Loans l 14.92 (5.52) 9.40 14.88 (7.00) 7.88 iii) Other financial assets 3.14 – 3.14 6.12 – 6.12 Income tax assets (net) p 4.29 0.07 4.36 1.51 0.06 1.57 Deferred tax assets d, p, q – 13.54 13.54 – 12.83 12.83 Other non-current assets p 71.74 0.01 71.75 71.57 0.01 71.58 Total non-current assets 1,086.12 334.18 1,420.30 783.16 362.02 1,145.18 Current assets Inventories n, p, q 434.87 (7.09) 427.78 415.30 (3.79) 411.51 Biological assets n – 0.29 0.29 – – – Financial assets i) Investments p 1.87 0.18 2.05 2.66 – 2.66 ii) Trade receivables p, q 446.39 (5.00) 441.39 444.42 (5.26) 439.16 iii) Cash and cash equivalents p, q 19.34 (1.27) 18.07 33.73 (2.74) 30.99 iv) B ank balances other than cash and cash equivalents above p 3.93 0.01 3.94 3.27 0.35 3.62 vi) Other financial assets p, q 18.94 (4.98) 13.96 14.41 0.67 15.08 Other current assets m, p, q 130.34 20.89 151.23 126.12 5.48 131.60 Total current assets 1,055.68 3.03 1,058.71 1,039.91 (5.29) 1,034.62 Total assets 2,141.80 337.21 2,479.01 1,823.07 356.73 2,179.80 EQUITY AND LIABILITIES Equity Equity share capital 29.68 – 29.68 29.68 – 29.68 Other equity b, c, d, f, l, n, o, p, q 1,245.04 340.07 1,585.11 1,009.31 360.29 1,369.60 Equity attributable to owners of the Company 1,274.72 340.07 1,614.79 1,038.99 360.29 1,399.28 Non-controlling interests n 5.62 (3.17) 2.45 5.68 (3.16) 2.52 Total equity 1,280.34 336.90 1,617.24 1,044.67 357.13 1,401.80 Notes to the Consolidated Financial Statements