Atul Ltd 2016-17

217 ( ` 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 Liabilities Non-current liabilities Financial liabilities i) Borrowings 23.35 – 23.35 57.46 – 57.46 ii) Other financial liabilities 24.51 – 24.51 20.14 – 20.14 Provisions 17.31 – 17.31 15.91 – 15.91 Deferred tax liabilities d 68.60 10.75 79.35 46.09 10.66 56.75 Other non-current liabilities f – 11.05 11.05 – 12.46 12.46 Total non-current liabilities 133.77 21.80 155.57 139.60 23.12 162.72 Current liabilities Financial liabilities i) Borrowings m, q 252.92 3.45 256.37 174.93 – 174.93 ii) Trade payables p, q 318.73 (3.61) 315.12 281.05 (2.84) 278.21 iii) Other financial liabilities q 65.37 0.51 65.88 86.96 0.38 87.34 Other current liabilities p, q 78.44 (17.73) 60.71 81.65 (20.65) 61.00 Provisions p, q 11.64 (4.11) 7.53 8.27 (0.41) 7.86 Current tax liabilities (net) 0.59 – 0.59 5.94 – 5.94 Total current liabilities 727.69 (21.49) 706.20 638.80 (23.52) 615.28 Total liabilities 861.46 0.31 861.77 778.40 (0.40) 778.00 Total equity and liabilities 2,141.80 337.21 2,479.01 1,823.07 356.73 2,179.80 * The IGAAP figures have been reclassified to conform to Ind AS presentation requirements for the purposes of this note. b) Reconciliation of total comprehensive income for the year ended March 31, 2016 ( ` cr) Particulars Note to first-time adoption Regrouped IGAAP* Adjustments Ind AS Income Revenue from operations e, i, p ,q 2,608.13 146.88 2,755.01 Other income g, l,n,p,q 24.02 10.38 34.40 Total income 2,632.15 157.26 2,789.41 Expenses Cost of materials consumed n, o, q 1,324.95 (1.01) 1,323.94 Purchase of stock-in-trade p 24.89 (1.44) 23.45 Changes in inventories of finished goods, stock-in-trade and work-in-progress n, p, q (23.79) 3.09 (20.70) Excise duty e, o, q (1.22) 161.64 160.42 Employee benefit expenses h, p 184.66 6.25 190.91 Finance costs q 27.22 0.31 27.53 Depreciation and amortisation expenses g, o, q 65.79 0.28 66.07 Other expenses i, o, p, q 628.75 (10.99) 617.76 Total expenses 2,231.25 158.13 2,389.38 Profit before exceptional items, share of net profits of investments accounted for using equity method and tax 400.90 (0.87) 400.03 Share of net profit of joint venture company accounted for using the equity method p, q 0.04 4.42 4.46 Profit before tax 400.94 (0.87) 404.49 Tax expense Current tax h, p, q 109.11 1.08 108.03 Deferred tax d, p, q 22.51 0.32 22.19 Total tax expense 131.62 1.40 130.22 Profit for the year 269.32 (2.27) 274.27 Other Comprehensive Income b, h, k – 31.53 (31.53) Total comprehensive income for the year 269.32 29.26 242.74 c) I mpact of Ind AS adoption on the Consolidated Statements of Cash Flows for the year ended March 31, 2016 T he transition from IGAAP to Ind AS has not had a material impact on the Consolidated Statement of Cash Flows. Notes to the Consolidated Financial Statements