Page 320 - Tata Chemical Annual Report_2022-2023

Integrated Annual Report 2022-23 01-83 84-192 193-365
Integrated Report Statutory Reports Financial Statements
Consolidated

Summarised statement of profit and loss 19. Borrowings
` in crore ` in crore
Year ended Year ended As at As at
Particulars Particulars
March 31, 2023 March 31, 2022 March 31, 2023 March 31, 2022
Revenue and other income 2,980 2,631 Non-current
Cost of raw material consumed (1,701) (1,562) Secured - at amortised cost
Purchase of stock-in-trade (158) (120) (a) Term loans - bank (footnote 'a') 3,336 3,171
Changes in inventories of finished goods, work-in-progress and stock-in-trade (85) 58 Unsecured - at amortised cost
Employee benefits expense (256) (239)
Finance cost (12) (5) (a) Term loans - bank (footnote 'b') 2,251 617
Depreciation and amortisation (91) (74) (b) Other loans (footnote 'c') 3 4
Other expenses and exceptional items (549) (467) 5,590 3,792
Profit before tax 128 222 Less: Unamortised finance cost 50 67
Income tax expense (36) (58) 5,540 3,725
Profit after tax for the year 92 164 Current
Fair Value Adjustments for NCI (Ind-AS 103) - - Loans repayable on demand
Profit for the year 92 164 Secured - from banks
% Holding by the Non-controlling shareholders 49.94% 49.94%
NCI’s share of profit for the year 46 81 (a) Working capital demand loan (footnote 'd') 100 54
Unsecured - from banks
Summarised statement of Cash flows (a) Working capital demand loan (footnote 'e') - 182
` in crore Current maturities of non-current borrowings
Year ended Year ended (a) From Banks - Secured (footnote 'a') 217 1,113
Particulars (b) From Banks - Unsecured (footnote 'b') 225 1,735
March 31, 2023 March 31, 2022
Net cash flows generated from operating activities 217 166 (c) From Others - Unsecured (footnote 'c') 1 1
Net cash flows used in investing activities (142) (103) 543 3,085
Net cash flows used in financing activities (41) (61) Less: Unamortised cost of borrowings - 8
Net increase in cash and cash equivalents 34 2 543 3,077
Note - ii
` in crore
ALCAD
As at March 31, 2023 As at March 31, 2022
Movement of Non-controlling interest Particulars Non - Current Non - Current
` in crore Current Current
Year ended Year ended
Particulars a Secured : Term loans - bank
March 31, 2023 March 31, 2022
Opening carrying value as at April 1 - - i Natrium Holdings & Subsidiaries
NCI’s share of profit for the year 71 66 Term loan limit GBP 70 million (2022 : GBP 80 million)
Dividend received for the year (71) (66) Outstanding GBP 70 million (2022 : GBP 80 million) 711 - - 796
Closing carrying value as at March 31 - -
Security Fixed and floating charges over the assets of
Summarised statement of profit and loss the sub-group Natrium Holdings Limited
Rate of Interest SONIA+1.35%
` in crore
Year ended Year ended Maturity Feb-2028 (2022: Mar-2023)
Particulars
March 31, 2023 March 31, 2022
Revenue and other income 433 397 ii Natrium Holdings & Subsidiaries
Cost of sales (291) (266)
Profit before tax 142 131 Revolving Credit GBP NIL (2022: GBP 20 million)
Income tax expense - - Facility ('RCF') limit
Profit for the year 142 131 Outstanding GBP NIL (2022 : GBP 11 million) - - - 109
% Holding by the Non-controlling shareholders 50.00% 50.00%
NCI’s share of profit for the year 71 66 Security Fixed and floating charges over the assets of
the sub-group Natrium Holdings Limited
Rate of Interest 2022: SONIA+CAS+1.15%
Original Maturity 2022: Mar-2023 - Fully Paid in Current year

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