Page 302 - Tata_Chemicals_yearly-reports-2021-22

Integrated Annual Report 2021-22

Summarised financial information of Non-controlling interests
Note - i
Rallis India Limited (“Rallis”)
₹ in crore
Year ended Year ended
Movement of Non-controlling interest
March 31, 2022 March 31, 2021
Opening carrying value as at April 1 851.91 763.08
NCI’s share of profit for the year 81.77 112.41
NCI’s share of other comprehensive income for the year (0.32) 0.70
Dividends received for the year (29.14) (24.28)
Change due to dissolution of subsidiary 0.28 -
Closing carrying value as at March 31 904.50 851.91

₹ in crore
As at As at
Summarised Statement of Assets and Liabilities
March 31, 2022 March 31, 2021
Current assets 1,793.96 1,655.41
Non-current assets 1,064.08 933.21
Current liabilities (1,076.67) (914.47)
Non-current liabilities (84.71) (82.66)
NCI - (0.69)
Net assets 1,696.66 1,590.80
Proportion of the NCI 49.94% 49.94%
NCI share in carrying amount 847.31 794.45
Add: Fair value adjustments for NCI (Ind-AS 103) 57.19 57.46
Carrying amount of the NCI 904.50 851.91

₹ in crore
Year ended Year ended
Summarised Statement of Profit and Loss
March 31, 2022 March 31, 2021
Revenue and other income 2,631.39 2,469.89
Cost of raw material consumed (1,561.57) (1,407.55)
Purchase of stock-in-trade (119.90) (136.59)
Changes in inventories of finished goods, work-in-progress and stock-in-trade 57.90 68.93
Employee benefits expense (239.14) (216.00)
Finance cost (4.79) (5.21)
Depreciation and amortisation (74.31) (64.07)
Other expenses and exceptional items (467.16) (405.89)
Profit before tax 222.42 303.51
Income tax expense (58.22) (74.93)
Profit after tax for the year 164.20 228.58
Fair value adjustments for NCI (Ind-AS 103) (0.46) (3.48)
Profit for the year 163.74 225.10
NCI’s share of profit for the year 81.77 112.41

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