Page 278 - Tata_Chemicals_yearly-reports-2019-20

17.9 Effective portion of cash flow hedges (note 42(c))
` in crore
Year ended Year ended
March 31, 2020 March 31, 2019
Balance at the beginning of the year (54.46) 19.31
acquisition of non-controlling interests (6.64) -
Changes during the year (220.53) (73.77)
Balance at the end of the year (281.63) (54.46)
Footnote:
the effective portion of cash flow hedges represents the effective portion of the cumulative net change in the fair value of cash flow
hedging instruments related to hedged transactions that have not yet occurred.
18. Non-controlling interests (‘NCI’)
Subsidiaries that have non-controlling interests are listed below:
` in crore
Non-controlling interests share
Country of incorporation
As at As at
and operation
March 31, 2020 March 31, 2019
rallis India limited ("rallis") India 49.94% 49.94%
tata Chemicals (Soda ash) partners Holdings** (note 38) united States of america ^^ 25.00%
tata Chemicals (Soda ash) partners ** (note 38) united States of america ^^ 25.00%
pt Metahelix lifesciences Indonesia Indonesia 34.23% 34.23%
alcad** united States of america 50.00% 50.00%
** a general partnership formed under the laws of the State of delaware (uSa).
^^during the year ended March 31, 2020, the group has acquired balance 25% (note 38).

Movement of non-controlling interests
` in crore
Year ended Year ended
March 31, 2020 March 31, 2019

opening as at april 1 2,914.67 2,717.16
Add/(Less):
profit for the year 221.82 230.94
other comprehensive income for the year 50.58 132.73
dividends including tax on dividend (171.18) (167.50)
Impact due to Ind-aS 116 Implementation (2.19) -
Impact on Merger of Zero Waste to rallis 0.14 -
additional infusion by nCI - 1.34
acquisition of non-controlling interests by group (2,250.07) -
Closing as at March 31 763.77 2,914.67

276 I Integrated annual report 2019-20