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 ūŠƙūŕĿēîƥĚē ¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē gūƙƙ ljūƑ ĿŠǄĚƙƥŞĚŠƥ ƎƑūƎĚƑƥĿĚƙ ¹ĺĚ HƑūƭƎ 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 ūŠƙūŕĿēîƥĚē ¬ƥîƥĚŞĚŠƥ ūlj ¡ƑūǛƥ îŠē gūƙƙȡ ƙĿŠČĚ ƥĺĚ HƑūƭƎ ēūĚƙ Šūƥ ƑĚČĚĿǄĚ îŠǋ ƑĚŠƥîŕ ĿŠČūŞĚȡ ĿŠČƭƑ îŠǋ ēĚƎƑĚČĿîƥĿūŠ ūƑ ūƥĺĚƑ ūƎĚƑîƥĿŠij ĚǊƎĚŠƙĚƙȦ b) The Group 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 Group 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 ūƑ ƑĚČĚŠƥ ƎƑĿČĚƙ ūlj ƙĿŞĿŕîƑ ĿŠǄĚƙƥŞĚŠƥ ƎƑūƎĚƑƥĿĚƙ ĿŠ ŕĚƙƙ îČƥĿǄĚ ŞîƑŒĚƥƙȡ îēŏƭƙƥĚē ƥū ƑĚǜĚČƥ ƥĺūƙĚ ēĿljljĚƑĚŠČĚƙȦ All fair value estimates for investment properties are included in level 3. ( ` cr) Note 4 Intangible assets Computer software Non-compete fees Total Goodwill Gross carrying amount As at March 31, 2017 0.22 - 0.22 23.75 As at March 31, 2018 0.22 - 0.22 23.75 Addition 0.18 20.00 20.18 - Acquisition (refer Note 28.16) ǦȦǧǪ - ǦȦǧǪ 8.56 As at March 31, 2019 0.54 20.00 20.54 32.31 Amortisation ÀƎ ƥū qîƑČĺ ǩǧȡ ǨǦǧǭ 0.20 - 0.20 - Amortisation charged for the year 0.01 - 0.01 - Up to March 31, 2018 0.21 - 0.21 - Amortisation charged for the year 0.05 0.67 0.72 - Up to March 31, 2019 0.26 0.67 0.93 - Net carrying amount As at March 31, 2018 0.01 - 0.01 23.75 As at March 31, 2019 0.28 19.33 19.61 32.31 ¬ĿijŠĿǛČîŠƥ ĚƙƥĿŞîƥĚ ȹ TŞƎîĿƑŞĚŠƥ ūlj ijūūēǅĿŕŕ For the purpose of impairment testing, goodwill is allocated to a cash generating unit, representing the lowest level within the Group at which goodwill is monitored for internal management purposes and which is not higher than the operating segment of the Group. 202 Atul Ltd | Annual Report 2018-19 Corporate Overview 01-22 Statutory Reports 23-105 Financial Statements 107-250