Amal Ltd 2012-13

Notes to financial statements Amal Ltd | Annual Report 2012-13 ` ('000) Current service cost 50.59 37.74 36.50 25.14 Interest cost 19.03 25.87 7.95 10.50 Expected return on plan assets (97.26) (83.00) - - Net Actuarial Loss | (Gains) 329.80 (28.58) 38.30 (23.42) Expenses recognised in Statement of 302.16 (47.97) 82.75 12.22 Profit and Loss On Plan Liabilities (Gain) | Loss 294.38 (9.87) 12.77 (22.04) On Plan Assets Gain | (Loss) (6.21) 10.37 - - Total Experience Adjustments 300.59 20.24 - - Nil Nil - - (i) Present value of Defined benefit obligation (ii) Fair Value of plan assets (iii) Surplus | (Deficit) in the plan (iv) Experience adjustments on plan Liabilities (Gain)| Loss (v) Experience adjustments on plan Assets Gain| (Loss) Sr Particulars Gratuity Leave Encashment No 2012-13 2011-12 2012-13 2011-12 (vi) Expenses recognisedinStatementof ProfitandLoss (vii) a) Experience adjustments b) Adjustment due tochange inassumptions - - - - (viii) Expected Employer's Contribution for the next year (ix) Disclosure as required under para 120(n): Note : 35. 36. Since the Company had adopted AS - 15 (Revised) - "Employee Benefits" for the first time during the financial year ended March 31, 2011, hence the disclosure for gratuity and leave encashment figures as requiredby Para120(n) have not beenpresented for the financial year prior to2010-11. In the opinionof themanagement,the Company is presently engaged inmanufacturing of Speciality chemicals & others. The products included being related and not subject to different risks and returns, as per management's contention, no separate reportable segment needs to be identified. And hence no separate segment information disclosure as per the requirement of AS 17 on Segment Reporting is applicable to theCompany. During the year, the Company has not entered into any transaction in nature of loans and advances which fallswithin the purviewof clause32 of listingagreement. For and on behalf of the Board of Directors Mumbai April 26, 2013 Naresh C Singhal Arvind Chhajer Vasudev Koppaka Company Secretary Managing Director Sujal A Shah Abhay R Jadeja Directors T R Gopi Kannan Sunil S Lalbhai Chairman