Atul Ltd 2018-19

( ` cr) Note 3 Investment properties As at March 31, 2019 As at March 31, 2018 Land - freehold Gross carrying amount 3.22 3.22 Net carrying amount 3.22 3.22 îȴ ŞūƭŠƥ ƑĚČūijŠĿƙĚē ĿŠ ƥĺĚ ¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē gūƙƙ ljūƑ ĿŠDŽĚƙƥŞĚŠƥ ƎƑūƎĚƑƥĿĚƙȠ ¹ĺĚ ūŞƎîŠNj ĺîƙ ČŕîƙƙĿǛĚē ƎîƑČĚŕƙ ūlj ljƑĚĚĺūŕē ŕîŠē ĺĚŕē ljūƑ î ČƭƑƑĚŠƥŕNj ƭŠēĚƥĚƑŞĿŠîċŕĚ ljƭƥƭƑĚ ƭƙĚ îƙ ĿŠDŽĚƙƥŞĚŠƥ ƎƑūƎĚƑƥĿĚƙȦ ¹ĺĚƑĚ îƑĚ Šū îŞūƭŠƥƙ ƎĚƑƥîĿŠĿŠij ƥū ƥĺĚƙĚ ĿŠDŽĚƙƥŞĚŠƥ ƎƑūƎĚƑƥĿĚƙ ƑĚČūijŠĿƙĚē ĿŠ ƥĺĚ ¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē Loss, since the Company does not receive any rental income, incur any depreciation or other operating expenses. b) The Company does not have any contractual obligations to purchase, construct or develop, for maintenance or enhancements of investment property. c) Fair value: ( ` cr) Particulars As at March 31, 2019 As at March 31, 2018 Investment properties 110.00 ǧǪǧȦǦǦ 110.00 141.00 Estimation of fair value The Company obtains valuations from independent valuer for its investment properties at least annually. The best evidence of fair value is current prices in an active market for similar properties. Where such information is not available, the valuer considers information from a variety of sources including current prices in an active market for investment properties of different nature or ƑĚČĚŠƥ ƎƑĿČĚƙ ūlj ƙĿŞĿŕîƑ ĿŠDŽĚƙƥŞĚŠƥ ƎƑūƎĚƑƥĿĚƙ ĿŠ ŕĚƙƙ îČƥĿDŽĚ ŞîƑŒĚƥƙȡ îēŏƭƙƥĚē ƥū ƑĚǜĚČƥ ƥĺūƙĚ ēĿljljĚƑĚŠČĚƙȦ All resulting fair value estimates for investment properties are included in level 3. ( ` cr) Note 4 Intangible assets Computer software Gross carrying amount As at March 31, 2017 0.21 As at March 31, 2018 0.21 As at March 31, 2019 0.21 Amortisation Up to March 31, 2017 0.19 Amortisation charged for the year 0.01 Up to March 31, 2018 0.20 Amortisation charged for the year - Up to March 31, 2019 0.20 Net carrying amount As at March 31, 2018 0.01 As at March 31, 2019 0.01 Corporate Overview 01-22 Statutory Reports 23-105 Financial Statements 107-250 ǧǩǪ Atul Ltd | Annual Report 2018-19