Atul Ltd 2016-17

Atul Ltd | Annual Report 2016-17 1) The following assets and liabilities of Rudolf Atul Chemicals Ltd were previously proportionately consolidated under IGAAP: ( ` cr) Particulars As at March 31, 2016 As at April 01, 2015 Non-current assets Property, plant and equipment 0.58 0.28 Capital work-in-progress 0.24 0.11 Deferred tax assets 0.05 0.08 Long-term loans and advances 1.31 1.41 Total non-current assets 2.18 1.88 Current assets Inventories 3.06 2.79 Trade receivables 6.47 5.35 Cash and cash equivalents 2.32 3.77 Short-term loans and advances 5.43 0.14 Other current assets 0.13 0.61 Total current assets 17.41 12.66 Total assets 19.59 14.54 Current liabilities Trade payables 4.10 3.41 Short-term provisions 4.49 0.73 Other current liabilities 0.86 0.43 Total liabilities 9.45 4.57 Net assets de-recognised 10.14 9.97 Share of net assets recognised under equity method 10.14 9.97 2) The following items of income and expenses of Rudolf Atul Chemicals Ltd were previously proportionately consolidated under IGAAP: ( ` cr) Particulars 2015-16 INCOME Revenue from operations 30.74 Other income 0.44 31.18 Expenses Cost of sales 18.73 Finance costs 0.01 Depreciation and amortisation expenses 0.06 Other expenses 5.42 Tax expense 2.41 Profit after tax 4.11 3) Impact on account of equity accounting of the joint venture company under Ind AS: ( ` cr) Particulars 2015-16 Share of profit of joint venture company recognised as per equity method 4.11 Share of Other Comprehensive Income (remeasurement) of joint venture company recognised as per equity method – Notes to the Consolidated Financial Statements