Page 261 - Tata_Chemicals_yearly-reports-2020-2021

Integrated Report Statutory Reports Financial Statements
1-59 60-146 Consolidated

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, 2021 March 31, 2020
Rallis India Limited ("Rallis") India 49.94% 49.94%
Tata Chemicals (Soda Ash) Partners Holdings** (note 38) United States of America - ^^
Tata Chemicals (Soda Ash) Partners ** (note 38) United States of America - ^^
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, 2021 March 31, 2020
Opening as at April 1 763.77 2,912.48
Add/(Less):
Profit for the year 179.85 221.82
Other comprehensive income for the year 0.70 50.58
Dividends including tax on dividend (91.72) (171.18)
Impact on Merger of Zero Waste to Rallis - 0.14
Acquisition of non-controlling interests by Group - (2,250.07)
Closing as at March 31 852.60 763.77

19. Borrowings
` in crore
As at As at
March 31, 2021 March 31, 2020
Non-current
Secured - at amortised cost
(a) Term loans - bank (footnote 'a') 3,370.68 1,402.54
(b) Term loans - others (footnote 'b') 0.10 0.27
Unsecured - at amortised cost
(a) Term loans - bank (footnote 'c') 1,907.52 2,098.59
(b) Term loans - others (footnote 'd') - 0.42
(c) Other loans (footnote 'e') 4.68 5.23
5,282.98 3,507.05
Less: Unamortised finance cost 83.50 33.69
5,199.48 3,473.36
Current
Loans repayable on demand
Secured - from banks
(a) Cash/packing credits/Bank overdraft (footnote 'f') 0.05 24.12
(b) Working capital demand loan (footnote 'g') 44.21 42.88
Unsecured - from banks
(a) Term loans - bank (footnote 'h') - 1,324.14
(b) Working capital demand loan (footnote 'i') 204.71 378.33
(c) Suppliers' credit (footnote 'j') 28.61 143.47
277.58 1,912.94

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