Atul Ltd 2018-19

Note 28.17 Changes in accounting policies (continued) ¬ƥîƥĚŞĚŠƥ ūlj ƎƑūǛƥ îŠē ŕūƙƙ ȳĚǊƥƑîČƥȴ Note 2018-19 Increase | (decrease) 2018-19 without adoption of Ind AS 115 as reported INCOME Revenue from operations i 3,921.93 (6.12) 3,915.81 Total income 3,921.93 (6.12) 3,915.81 EXPENSES Other expenses ii ǯǦǯȦǪǫ (6.12) 903.33 Total expenses 909.45 (6.12) 903.33 3,012.48 - 3,012.48 Note: i) Revenue deferment of ` ǬȦǧǨ ČƑ ƑĚƎƑĚƙĚŠƥĿŠij ƭŠƙîƥĿƙǛĚē ƎĚƑljūƑŞîŠČĚ ūċŕĿijîƥĿūŠ ljūƑ ĚǊƎūƑƥ ČūŠƥƑîČƥƙ ĿŠ ČƭƑƑĚŠƥ ǋĚîƑȦ ii) Expenses deferment of ` ǬȦǧǨ ČƑ ƑĚƎƑĚƙĚŠƥĿŠij ƭŠƙîƥĿƙǛĚē ƎĚƑljūƑŞîŠČĚ ūċŕĿijîƥĿūŠ ljūƑ ĚǊƎūƑƥ ČūŠƥƑîČƥƙ ĿŠ ČƭƑƑĚŠƥ ǋĚîƑȦ iii) Presentation of assets and liabilities related to contracts with customers: Liabilities relating to expected discounts of ` ǩȦǯǨ ČƑ ǅĚƑĚ ƎƑĚǄĿūƭƙŕǋ ƎƑĚƙĚŠƥĚē îƙ ūƥĺĚƑ ČƭƑƑĚŠƥ ǛŠîŠČĿîŕ ŕĿîċĿŕĿƥĿĚƙ îƑĚ Šūǅ included as contract liabilities. Advance from customers of ` ǪȦǨǩ ČƑ ǅĚƑĚ ƎƑĚǄĿūƭƙŕǋ ƎƑĚƙĚŠƥĚē îƙ ūƥĺĚƑ ČƭƑƑĚŠƥ ŕĿîċĿŕĿƥĿĚƙ îƑĚ Šūǅ ĿŠČŕƭēĚē îƙ ČūŠƥƑîČƥ liabilities. Note 28.18 Events after the reporting period The proposed dividend on equity shares at ` 15 per share is recommended by the Board which is subject to the approval of shareholders in the ensuing Annual General Meeting. Note 28.19 Rounding off Figures less than ` 50,000 have been shown at actual in brackets. Note 28.20 Authorisation for issue of the Financial Statements The Financial Statements were authorised for issue by the Board on April 26, 2019. In terms of our report attached For and on behalf of the Board of Directors For Deloitte Haskins & Sells LLP Chartered Accountants R A Shah S S Lalbhai ¹ ¤ HūƎĿ eîŠŠîŠ B S Mehta Chairman and Managing Director Samir R. Shah Whole-time Director and CFO S M Datta Partner V S Rangan L P Patni M M Chitale Company Secretary S A Panse B R Arora S A Lalbhai B N Mohanan Directors Managing Director Mumbai Whole-time Director Mumbai April 26, 2019 and President - U&S April 26, 2019 173 Standalone | Notes to the Financial Statements