Page 301 - BCML AR 2019-20

BALRAMPUR CHINI MILLS LIMITED

Notes forming part of the Consolidated Financial Statements

Note No. : 37 Other disclosures (Contd.)

Footnotes:
(i) Inter-segment revenues are eliminated upon consolidation and reflected in the ‘adjustments and eliminations’ column. Finance
income and costs, and fair value gains and losses on financial assets are not allocated to individual segments as the underlying
instruments are managed at Company level. Current taxes, deferred taxes and certain financial assets and liabilities are not allocated
to those segments as they are also managed at Company level. Capital expenditure consists of additions to property, plant and
equipment, capital work in progress and intangible assets.
(ii) Transactions between segments are primarily transferred at cost/market determined prices. Common costs are apportioned on a
reasonable basis.
(iii) Uttar Pradesh Electricity Regulatory Commission vide notification dated 25th July, 2019 reduced the power purchase rates of
bagasse based power plants w.e.f. 1st April, 2019 and revenue in this respect has accordingly been recognised at such reduced
rates. The Uttar Pradesh Co-gen Association has filed a writ petition, challenging the reduction in power rates before Hon’ble High
Court at Allahabad which has been admitted and is pending for decision as on this date.
(iv) Figures in brackets pertain to previous year.
(c) In the following table, revenue is disaggregated by geographical market, major products/service lines and timing of revenue recognition
which also includes a reconciliation of the disaggregated revenue with the Company’s three strategic divisions, which are its reportable
segments.
(` in Lacs)
Particulars Sugar Co- Distillery Total reportable All other Total
generation segment Segment
Domestic Export Domestic Domestic
Geographical markets
Within India 318890.46 - 16473.81 54908.67 390272.94 1117.17 391390.11
(311553.05) ( - ) (33104.67) (46769.84) (391427.56) (782.78) (392210.34)
Within India to 54868.40 - - - 54868.40 - 54868.40
merchant exporter
(19243.96) ( - ) ( - ) ( - ) (19243.96) ( - ) (19243.96)
Within India to Special - - - - - - -
Economic Zone ( - ) (16168.76) ( - ) ( - ) (16168.76) ( - ) (16168.76)
Total 373758.86 - 16473.81 54908.67 445141.34 1117.17 446258.51
(330797.01) (16168.76) (33104.67) (46769.84) (426840.28) (782.78) (427623.06)
Major product
Sugar 333734.50 - - - 333734.50 - 333734.50
(305328.14) (11473.10) ( - ) ( - ) (316801.24) ( - ) (316801.24)
Raw Sugar 31966.97 - - - 31966.97 - 31966.97
(19243.96) (4695.66) ( - ) ( - ) (23939.62) ( - ) (23939.62)
Industrial alcohol - - - 54530.76 54530.76 - 54530.76
( - ) ( - ) ( - ) (46324.88) (46324.88) ( - ) (46324.88)
Power - - 16160.76 - 16160.76 - 16160.76
( - ) ( - ) (32801.46) ( - ) (32801.46) ( - ) (32801.46)
Bagasse 7270.67 - - - 7270.67 - 7270.67
(5454.44) ( - ) ( - ) ( - ) (5454.44) ( - ) (5454.44)
Others 786.72 - 313.05 377.91 1477.68 1117.17 2594.85
(770.47) ( - ) (303.21) (444.96) (1518.64) (782.78) (2301.42)
Total 373758.86 - 16473.81 54908.67 445141.34 1117.17 446258.51
(330797.01) (16168.76) (33104.67) (46769.84) (426840.28) (782.78) (427623.06)
Annual Report 2019-20 | 299