PRIVI SPECIALITY CHEMICALS LIMITED Annual Report 2020-21

133 Annual Report 2020-21 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS Particulars March 31, 2019 Adjustment on account of demerger March 31, 2019 (Restated) LIABILITIES Non-current liabilities Financial liabilities Borrowings 829.14 16,292.92 17,122.06 Provisions 89.54 870.10 959.64 Deferred tax liabilities (net) 1,215.74 514.46 1,730.20 Total non-current liabilities 2,134.42 17,677.48 19,811.90 Current liabilities Financial liabilities Borrowings 4,049.00 17,874.70 21,923.70 Trade payables – Micro and small enterprises 57.74 (57.74) – Others 942.23 16,776.93 17,719.16 Other financial liabilities 1,123.80 9,877.08 11,000.88 Other current liabilities 83.19 444.45 527.64 Provisions 57.50 36.79 94.29 Current tax liabilities (net) 63.59 2,291.27 2,354.86 Total current liabilities 6,377.05 47,243.48 53,620.53 TOTAL EQUITY AND LIABILITIES (B) 8,511.47 64,920.96 73,432.43 Total net identifiable assets acquired C = (A-B) 10,261.59 36,457.07 46,718.66 Cost of investment in the Merged Undertaking (D) 3,906.27 Adjustment of Dividend Paid during the year (E) 625.00 Net impact transferred to other equity F = (C-D-E) 42,187.39 Balance in Other equity 42,812.39 Net impact after considering balances in Other equity 625.00 Particulars April to March 2020 Adjustment on account of demerger April to March 2020 (Restated) INCOME Revenue from operations 30,649.26 98,812.57 1,29,461.83 Other income 658.86 1,971.75 2,630.61 TOTAL INCOME (I) 31,308.12 1,00,784.32 1,32,092.44 EXPENSES Cost of materials consumed 19,832.24 60,491.73 80,323.97 Purchase of stock-in-trade (Traded goods) – – Changes in inventories of finished goods and work-in- Progress 634.00 (2,151.83) (1,517.83) Employee benefits expense 1,550.16 4,440.18 5,990.34 Finance costs 657.90 2,688.97 3,346.87 Depreciation and amortisation expenses 595.95 4,911.57 5,507.52 Other expenses 3,549.49 19,965.43 23,514.92 TOTAL EXPENSES (II) 26,819.74 90,346.05 1,17,165.79 NOTES TO THE STANDALONE FINANCIAL STATEMENTS for the year ended March 31, 2021 (Currency: Indian Rupees in lakhs) 42 CompositeScheme ofArrangement andAmalgamation amongst FairchemSpeciality Limited (Demerged/TransfereeCompany) and Fairchem Organics Limited (Resulting Company) and Privi Organics India Limited (Transferor Company) (continued)