Page 324 - Tata_Chemicals_yearly-reports-2021-22

Integrated Annual Report 2021-22

Assumptions used in determining present value of obligation of interest rate guarantee under a deterministic approach:
As at As at
March 31, 2022 March 31, 2021
Guaranteed rate of return 8.10% 8.50%
Discount rate for remaining term to maturity of investments 7.23% - 6.65% 6.41% - 6.45%
Discount rate 7.00% 6.50%
Expected rate of return on investments 8.09% - 8.78% 6.41% - 8.57%

(e) The defined benefit scheme is administered by a fund that is legally separated from the Group. Responsibility for governance of
the scheme lies with the board of trustees. The board of trustees must be composed of representatives of the Group and scheme
participants in accordance with the scheme rules and on timely basis, the board of trustees reviews the level of funding for the
scheme as required by legislation. Such a review includes the asset-liabilities matching strategy and investment risk management
policy and is used to determine the schedule of contributions payable by and agreed with the Group.

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 the Board of Directors are as under:
- Basic chemistry products - Soda Ash, Salt and other bulk chemicals
- Specialty products - Nutrition solutions, agri Solutions, advance materials, etc.
` in crore
Year ended Year ended
Particulars
March 31, 2022 March 31, 2021
1. Segment revenue (Revenue from operations)
(i) Basic chemistry products 9,757.24 7,608.92
(ii) Specialty products 2,826.31 2,580.00
12,583.55 10,188.92
Inter segment revenue (11.87) (11.54)
12,571.68 10,177.38
Unallocated 50.44 22.42
12,622.12 10,199.80
2. Segment result (Reconciliation with profit from continuing operations)
(i) Basic chemistry products 1,485.75 728.50
(ii) Specialty products 167.67 209.33
Total Segment results 1,653.42 937.83
Net unallocated income 90.03 37.91
Finance costs (302.84) (367.37)
Profit before share of profit from investment in
joint ventures and assosiate and tax 1,440.61 608.37
Share of Profit of joint ventures and associate (net of tax) 226.02 25.62
Tax expense (266.48) (197.77)
Profit for the year from continuing operations 1,400.15 436.22
3. Segment assets and segment liabilities* ` in crore
Segment assets Segment liabilities
Particulars As at As at As at As at
March 31, 2022 March 31, 2021 March 31, 2022 March 31, 2021
(i) Basic chemistry products 19,475.31 17,010.57 4,017.62 3,014.05
(ii) Specialty products 3,215.84 2,884.62 1,083.53 943.75
22,691.15 19,895.19 5,101.15 3,957.80
Unallocated 11,152.12 8,442.01 9,584.73 9,236.83
33,843.27 28,337.20 14,685.88 13,194.63
* Including assets held for sale

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