Page 186 - Tata_Chemicals_yearly-reports-2020-2021

Integrated Annual Report 2020-21

` in crore
Year ended Year ended
March 31, 2021 March 31, 2020
16.5 General reserve
Balance at the beginning of the year 1,411.94 1,171.94
Transferred from Debenture redemption reserve - 240.00
Balance at the end of the year 1,411.94 1,411.94
Footnote:
The general reserve represents amounts appropriated out of retained earnings based on the provisions of the Act prior to its
amendment.
16.6 Retained earnings
Balance at the beginning of the year 5,859.58 5,742.38
Transition impact of Ind AS 116 - (0.21)
Restated balance 5,859.58 5,742.17
Profit for the year 479.11 6,840.22
Remeasurement of defined employee benefit plans (net of tax) 21.36 (37.59)
Dividend (including tax on dividend ` Nil (2020: ` 60.45 crore)) (280.23) (378.90)
Deemed dividend on demerger (note 34) - (6,307.97)
Refund of tax on dividend - 1.65
Transfer from equity instruments through other comprehensive income (1.51) -
Balance at the end of the year (footnote 'ii') 6,078.31 5,859.58
Footnotes:
(i) The Board of Directors has recommended a final dividend of 100 % (2020: 110 %) for the financial year 2020-21 `10.00 per
share (2020: ` 11.00 per share) which is subject to approval of shareholders.
(ii) Includes balance of remeasurement of net defined benefit plans loss of ` 45.84 crore (2020: ` 67.20 crore).
(iii) Retained earnings represents net profits after distributions and transfers to other reserves.
16.7 Equity instruments through other comprehensive income
Balance at the beginning of the year 1,669.93 2,174.78
Changes in fair value of equity instruments at FVTOCI (net of tax) 1,059.61 (504.85)
Transfer to retained earnings 1.51 -
Balance at the end of the year 2,731.05 1,669.93
Footnote:
This reserve represents the cumulative gains and losses arising on the revaluation of equity instruments measured at fair value
through other comprehensive income, net of amounts reclassified to retained earnings when those assets have been disposed off.

17. Lease liabilities
` in crore
As at As at
March 31, 2021 March 31, 2020
Non-Current
Lease liabilities (note 37) 4.85 10.41
4.85 10.41

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