Page 197 - Tata_Chemicals_yearly-reports-2017-18

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` in crore
Note Year ended Year ended
31 March, 2018 31 March, 2017
I. Revenue from operations 25 10,345.36 10,680.98
II. Other income 26 159.46 166.12
III. Total income (I+II) 10,504.82 10,847.10
IV. Expenses
a) Cost of materials consumed 1,390.56 1,341.79
b) Purchases of stock-in-trade 469.10 619.09
c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 27 (104.15) 113.39
d) Excise duty on sale of goods 75.67 334.91
e) Employee benefits expense 28 1,270.23 1,261.42
f) Finance costs 29 325.58 297.29
g) Depreciation and amortisation expense 30 518.01 512.16
h) Other expenses 31 5,053.26 4,916.09
Total expenses (a to h) 8,998.26 9,396.14
V. Profit before exceptional items, share of profit of joint ventures and tax (III-IV) 1,506.56 1,450.96
VI. Exceptional gain (net) 32 64.34 -
VII. Profit after exceptional items, before share of profit of joint ventures and tax (V+VI) 1,570.90 1,450.96 Integrated Report
VIII. Share of profit of joint ventures (net of tax) 8(a) 49.23 15.62
IX. Profit before tax (VII+VIII) 1,620.13 1,466.58
X. Tax expense
(a) Current tax 33 334.99 372.13
(b) Deferred tax 33 (274.86) (26.18)
Total tax expense (a+b) 60.13 345.95
XI. Profit for the year from continuing operations (IX-X) 1,560.00 1,120.63
XII. Profit before tax from discontinued operations 34 437.72 185.59
XIII. Exceptional gain (net) 34 1,213.99 -
XIV. Tax expense of discontinued operations 34 509.22 72.12
XV. Profit for the year from discontinued operations (XII+XIII-XIV) 1,142.49 113.47
XVI. Profit for the year (XI+XV) 2,702.49 1,234.10
XVII. Other comprehensive income (net of tax) (‘OCI’)
(A) (i) Items that will not be reclassified to the Consolidated Statement of Profit and Loss
- Changes in fair value of investments in equities carried at fair value through OCI 1,017.28 410.68
- Remeasurement of defined employee benefit plans (note 38) 183.43 (138.47)
(ii) Income tax relating to items that will not be reclassified to the Consolidated Statement of
Profit and Loss 70.79 10.33
(B) (i) Items that will be reclassified to the Consolidated Statement of Profit and Loss
- Effective portion of gain/(loss) on cash flow hedges 10.94 76.26
- Changes in foreign currency translation reserve (31.63) 12.41
(ii) Income tax relating to items that will be reclassified to the Consolidated Statement of Profit
and Loss 0.43 1.59 Statutory Reports
Total other comprehensive income (net of tax) (A (i-ii) +B (i-ii)) 1,108.80 348.96
XVIII. Total comprehensive income for the year (XVI+XVII) 3,811.29 1,583.06
XIX. Profit for the year from continuing operations (XI)
Attributable to:
(i) Equity shareholders of the Company 1,290.59 879.64
(ii) Non-controlling interests 269.41 240.99
1,560.00 1,120.63
XX. Profit for the year from discontinued operations (XV)
Attributable to:
(i) Equity shareholders of the Company 1,142.49 113.47
(ii) Non-controlling interests - -
1,142.49 113.47
XXI. Profit for the year (XVI)
Attributable to:
(i) Equity shareholders of the Company 2,433.08 993.11
(ii) Non-controlling interests 269.41 240.99
2,702.49 1,234.10
XXII. Other comprehensive income (net of tax) (XVII)
Attributable to:
(i) Equity shareholders of the Company 1,097.70 375.29
(ii) Non-controlling interests 11.10 (26.33)
1,108.80 348.96
XXIII. Total comprehensive income for the year (XVIII)
Attributable to: Financial Statements
(i) Equity shareholders of the Company 3,530.78 1,368.40
(ii) Non-controlling interests 280.51 214.66
3,811.29 1,583.06
XXIV. Earnings per share for continuing operations (in `)
- Basic and Diluted 35 50.66 34.53
XXV. Earnings per share for discontinued operations (in `)
- Basic and Diluted 35 44.85 4.45
XXVI. Earnings per share for continuing and discontinued operations (in `)
- Basic and Diluted 35 95.51 38.98
Notes forming part of the consolidated financial statements 1-47
As per our report of even date attached For and on behalf of the Board
For B S R & Co. LLP Bhaskar Bhat Director
Chartered Accountants Nasser Munjee Director
Firm’s Registration No: 101248W/W - 100022 Dr. Y. S. P. Thorat Director
Vibha Paul Rishi Director
S. Padmanabhan Director
Padmini Khare Kaicker Director
Vijay Mathur John Mulhall Chief Financial Officer R. Mukundan Managing Director and CEO
Partner Rajiv Chandan General Counsel & Zarir Langrana Executive Director
Membership No. 046476 Company Secretary
Mumbai, 18 May, 2018
Consolidated Financial Statements 195