Page 186 - BCML AR 2019-20

FINANCIAL STATEMENTS

Notes forming part of the Standalone Financial Statements

Note No. : 17 Other equity
(H in Lacs)
Particulars As at As at
31st March, 2020 31st March, 2019
A. Reserve & Surplus
(a) Capital reserves
Balance as per last account 1075.58 1075.58
(b) Capital redemption reserve
Balance as per last account 2820.10 2820.10
Add: Transfer from securities premium on
buy back of equity shares [Refer Note No. 36(5)] 84.38 2904.48 – 2820.10
(c ) Securities premium
Balance as per last account 24587.05 24578.91
Add: On exercise of Employee Stock Options Scheme – 8.14
Less : Utilised on buy back of equity shares
[Refer Note No. 36(5)] 14682.69 –
Less: Transfer to capital redemption reserve on buy back of
equity shares [Refer Note No. 36(5)] 84.38 9819.98 – 24587.05
(d) Share options outstanding account
Balance as per last account – 13.23
Less: Options exercised [Refer Note No. 36(3)] – 3.74
Less: Options forfeited [Refer Note No. 36(3)] – – 9.49 –
(e) General reserve
Balance as per last account 90000.00 64977.91
Add: Transfer from retained earnings 20000.00 110000.00 25022.09 90000.00
(f) Storage fund for molasses
Balance as per last account 39.85 139.94
Add: Created during the year 47.34 39.08
Less: Written back during the year – 87.19 139.17 39.85
(g) Retained earnings
Balance as per last account 87462.92 62820.28
Impact of change in accounting policy relating to
accounting of Government Grant – (0.39)
87462.92 62819.89
Add: Profit for the year 50928.18 57063.86
Add: Transfer from other comprehensive income (701.39) (513.88)
Less: Transfer to General reserve 20000.00 25022.09
Less: Buyback expenses
[net of tax H 56.53 lacs (Previous year: H Nil)
[Refer Note No. 36(5)] 105.24 –
117584.47 94347.78
Less: Interim dividend paid during the year 5500.00 5710.96
Less: Tax on interim dividend paid during the year 1130.54 110953.93 1173.90 87462.92
(A) 234841.16 205985.50
B. Other comprehensive income
Balance as per last account – –
Add: Other comprehensive income for the year (701.39) (513.88)
Less: Transfer to retained earnings (701.39) – (513.88) –
(B) – –
C = (A + B) 234841.16 205985.50
184 | Balrampur Chini Mills Limited