Atul Ltd 2018-19

Note 29.14 Interests in other entities (continued) Rudolf Atul Chemicals Ltd ¹ĺĚ HƑūƭƎ îČƐƭĿƑĚē ǫǦɼ ĿŠƥĚƑĚƙƥ ĿŠ ¤ƭēūŕlj ƥƭŕ ĺĚŞĿČîŕƙ gƥē ȳ¤ gȴȡ î ŏūĿŠƥ ǄĚŠƥƭƑĚ ČūŞƎîŠǋ ĿŠ TŠēĿî ċĚƥǅĚĚŠ IB Industriechemie Beteiligungs GmbH (Germany) and Atul Ltd, on August 18, 2011. RACL is engaged in the business of ŞîŠƭljîČƥƭƑĿŠij îŠē ŞîƑŒĚƥĿŠij ƥĚǊƥĿŕĚ ČĺĚŞĿČîŕƙȦ ƙ ƎĚƑ ƥĺĚ ČūŠƥƑîČƥƭîŕ îƑƑîŠijĚŞĚŠƥ ċĚƥǅĚĚŠ ƥĺĚ ƙĺîƑĚĺūŕēĚƑƙ ūlj ¤ gȡ ċūƥĺ ƥĺĚ ČūŞƎîŠĿĚƙ ĺîǄĚ ƙĿijŠĿǛČîŠƥ ƎîƑƥĿČĿƎîƥĿŠij ƑĿijĺƥƙ ƙƭČĺ ƥĺîƥ ƥĺĚǋ ŏūĿŠƥŕǋ ČūŠƥƑūŕ ƥĺĚ ūƎĚƑîƥĿūŠƙ ūlj ƥĺĚ ŏūĿŠƥ ǄĚŠƥƭƑĚ ČūŞƎîŠǋȦ i) Commitments and contingent liabilities in respect of the joint venture company ( ` cr) Particulars As at March 31, 2019 As at March 31, 2018 ¬ĺîƑĚ ĿŠ ČūŠƥĿŠijĚŠƥ ŕĿîċĿŕĿƥĿĚƙ ĿŠ ƑĚƙƎĚČƥ ūlj ēĿƙƎƭƥĚē ēĚŞîŠēƙ ljūƑ ĿŠČūŞĚ ƥîǊ ūlj ƥĺĚ ŏūĿŠƥ ǄĚŠƥƭƑĚ ČūŞƎîŠǋ 0.51 0.62 Total commitments and contingent liabilities 0.51 0.62 ĿĿȴ ¬ƭŞŞîƑĿƙĚē ǛŠîŠČĿîŕ ĿŠljūƑŞîƥĿūŠ ĿŠ ƑĚƙƎĚČƥ ūlj ƥĺĚ ŏūĿŠƥ ǄĚŠƥƭƑĚ ČūŞƎîŠǋ ¹ĺĚ ƥîċŕĚƙ ċĚŕūǅ ƎƑūǄĿēĚ ƙƭŞŞîƑĿƙĚē ǛŠîŠČĿîŕ ĿŠljūƑŞîƥĿūŠ ĿŠ ƑĚƙƎĚČƥ ūlj ƥĺĚ ŏūĿŠƥ ǄĚŠƥƭƑĚ ČūŞƎîŠǋ ƥĺîƥ îƑĚ ŞîƥĚƑĿîŕ ƥū ƥĺĚ HƑūƭƎȦ ¹ĺĚ ĿŠljūƑŞîƥĿūŠ ēĿƙČŕūƙĚē îƑĚ îƙ ƎƑĚƙĚŠƥĚē ĿŠ ƥĺĚ GĿŠîŠČĿîŕ ¬ƥîƥĚŞĚŠƥƙ ūlj ƥĺĚ ŏūĿŠƥ ǄĚŠƥƭƑĚ ČūŞƎîŠǋȦ ¹ĺĚǋ ĺîǄĚ ċĚĚŠ îŞĚŠēĚē ƥū ƑĚǜĚČƥ îēŏƭƙƥŞĚŠƥƙ ŞîēĚ ċǋ ƥĺĚ ĚŠƥĿƥǋ ǅĺĚŠ ƭƙĿŠij ƥĺĚ ĚƐƭĿƥǋ ŞĚƥĺūēȡ ĿŠČŕƭēĿŠij ljîĿƑ ǄîŕƭĚ îēŏƭƙƥŞĚŠƥƙ ŞîēĚ îƥ ƥĺĚ ƥĿŞĚ ūlj îČƐƭĿƙĿƥĿūŠ îŠē ŞūēĿǛČîƥĿūŠƙ ljūƑ ēĿljljĚƑĚŠČĚƙ ĿŠ îČČūƭŠƥĿŠij ƎūŕĿČĿĚƙȦ ( ` cr) Summarised Balance Sheet Rudolf Atul Chemicals Ltd March 31, 2019 March 31, 2018 Current assets Cash and cash equivalents 3.25 ǪȦǬǯ Other assets ǩǭȦǯǪ 30.87 Total current assets 41.19 35.56 Total non-current assets 6.01 6.17 Current liabilities GĿŠîŠČĿîŕ ŕĿîċĿŕĿƥĿĚƙ ȳĚǊČŕƭēĿŠij ƥƑîēĚ ƎîǋîċŕĚƙȴ 2.03 7.11 Other liabilities 10.65 ǯȦǪǬ Total current liabilities 12.68 16.57 Non-current liabilities GĿŠîŠČĿîŕ ŕĿîċĿŕĿƥĿĚƙ ȳĚǊČŕƭēĿŠij ƥƑîēĚ ƎîǋîċŕĚƙȴ 1.28 ǨȦǬǪ Other liabilities 0.16 0.16 Total non-current liabilities 1.44 2.80 Net assets 33.08 22.36 ( ` cr) Reconciliation to carrying amounts Rudolf Atul Chemicals Ltd March 31, 2019 March 31, 2018 Opening net assets 21.99 19.99 ¡ƑūǛƥ ljūƑ ƥĺĚ ǋĚîƑ 10.73 ǯȦǦǪ Other comprehensive income - (0.01) Dividends paid - (7.03) Closing net assets 32.72 21.99 Share of Group in % 50% 50% Share of Group in ` 16.36 11.00 Carrying amount 16.36 11.00 ǨǪǦ Atul Ltd | Annual Report 2018-19 Corporate Overview 01-22 Statutory Reports 23-105 Financial Statements 107-250