PRIVI SPECIALITY CHEMICALS LIMITED Annual Report 2020-21

191 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 18083.2 (829.14) 17,254.06 Provisions 1049.18 (89.54) 959.64 Deferred tax liabilities (net) 2867.25 (1,215.74) 1,651.51 Total non-current liabilities 21,999.63 (2,134.42) 19,865.21 Current liabilities Financial liabilities Borrowings 28047.84 (4,049.00) 23,998.84 Trade payables Micro and small enterprises 57.74 (57.74) – Others 21397.83 (3,012.57) 18,385.26 Other financial liabilities 10215.38 946.54 11,161.92 Other current liabilities 612.08 (83.19) 528.89 Provisions 151.79 (57.50) 94.29 Current tax liabilities (net) 2520.56 (63.59) 2,456.97 Total current liabilities 63,003.22 (6,377.05) 56,626.17 TOTAL EQUITY AND LIABILITIES (B) 85,002.85 (8,511.47) 76,491.38 Total net identifiable assets acquired C = (A-B) 57,566.36 (10,260.64) 47,305.72 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) 42,774.45 Balance in Other equity 43,399.45 Net impact after considering balances in Other equity 625.00 44 Composite Scheme of Arrangement and Amalgamation amongst Fairchem Speciality Limited (Demerged/Transferee Company) and Fairchem Organics Limited (Resulting Company) and Privi Organics India Limited (Transferor Company) (continued) NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS for the year ended March 31, 2021 (Currency: Indian Rupees in lakhs)