Page 283 - Tata_Chemicals_yearly-reports-2020-2021

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

The details of fund and plan assets position are given below: ` in crore
TCL RALLIS
Provident Fund As at As at As at As at
March 31, 2021 March 31, 2020 March 31, 2021 March 31, 2020
Plan assets at the end of the year 328.00 326.37 104.07 91.99
Less: Present value of funded obligation 330.35 340.08 102.15 89.26
Amount recognised in the Consolidated Balance Sheet (2.35) (13.71) - -

Assumptions used in determining present value of obligation of interest rate guarantee under a deterministic approach:
As at As at
March 31, 2021 March 31, 2020
Guaranteed rate of return 8.50% 8.50%
Discount rate for remaining term to maturity of investments 6.41% - 6.45% 6.35% - 6.83%
Discount rate 6.50% 6.05%
Expected rate of return on investments 6.41% - 8.57% 7.69% - 7.86%

41. Segment information
41.1 Continuing operations
(a) Information about operating segments
The Company has 2 reportable segments which are the Company's strategic business units. These business units offer different
products and are managed separately. Reportable Segments approved by Board of Directors are as under:
- Basic chemistry products : Soda Ash, Salt and other bulk chemicals
- Specialty products : Nutrition solutions, agri Solutions and advance materials
` in crore
Year ended Year ended
March 31, 2021 March 31, 2020
1. Segment revenue (Revenue from operations)
(i) Basic chemistry products 7,608.92 8,013.74
(ii) Speciality products 2,580.00 2,328.85
10,188.92 10,342.59
Inter segment revenue (11.54) (10.06)
10,177.38 10,332.53
Unallocated 22.42 24.22
10,199.80 10,356.75
2. Segment result (Reconciliation with profit from continuing operations)
(i) Basic chemistry products 728.50 1,355.51
(ii) Speciality products 209.33 166.90
Total segment results 937.83 1,522.41
Net unallocated income/(expenditure) 37.91 71.41
Finance costs (367.37) (341.91)
Profit before share of profit/loss from investment in joint ventures and tax 608.37 1,251.91
Share of profit\(loss) of joint ventures (net of tax) 25.62 (3.85)
Tax expense (197.77) (219.65)
Profit for the year from continuing operations 436.22 1,028.41

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