Page 274 - BCML AR 2019-20

FINANCIAL STATEMENTS

Notes forming part of the Consolidated Financial Statements

Note No. : 22 Provisions

(i) Non-current (H in Lacs)
Particulars As at As at
31st March, 2020 31st March, 2019
Provision for employee benefits - unavailed leave [Refer Note No. 37(9)] 672.10 528.45
672.10 528.45

(ii) Current (H in Lacs)
Particulars As at As at
31st March, 2020 31st March, 2019
Provision for employee benefits [Refer Note No. 37(9)]
Unavailed leave 438.83 434.55
Gratuity 1584.12 2022.95 137.41 571.96
Other provisions
Provision for contingencies [Refer Note No. 37(2)] 0.42 0.42
2023.37 572.38

Note No. : 23 Deferred tax liabilities (net)

As at 31st March, 2020 (H in Lacs)
Particulars Opening Recognised Recognised in Recognised Closing
Balance in profit equity in other Balance
or loss comprehensive
income
Tax effect of items constituting deferred tax liabilities
Depreciation 27481.87 (5670.97) - - 21810.90
Investments 1196.84 208.37 - (0.22) 1404.99
28678.71 (5462.60) - (0.22) 23215.89
Tax effect of items constituting deferred tax assets
Carried forward tax losses/unabsorbed
depreciation 231.81 (192.41) - - 39.40
Expenses allowable on payment basis 337.83 (164.69) - - 173.14
VRS expenses 28.64 (28.64) - - -
MAT credit entitlement 19187.71 (237.12) 56.53 214.97 19222.09
19785.99 (622.86) 56.53 214.97 19434.63
Net deferred tax liabilities / expense 8892.72 (4839.74) (56.53) (215.19) 3781.26

272 | Balrampur Chini Mills Limited