Business Statutory Financial

Overview Reports Statements

Consolidated
Financial Statements

notes to Consolidated FinanCial statements

NOTE 36 : SEGMENT INFORMATION FOR THE YEAR ENDED 31ST MARCH, 2016
(i) Primary segment information - Business segment:
(` in Crores)
2015-16 2014-15
Paints Home Total Paints Home Total
Improvement* Improvement*
REVENUE
External Sales (Net) 15,292.20 241.94 15,534.14 13,981.18 201.63 14,182.81
Inter-Segment Sales - - - - -
Other Income 49.13 1.00 50.13 38.84 0.05 38.89
Total Revenue 15,341.33 242.94 15,584.27 14,020.02 201.68 14,221.70
RESULT
Segment result 2,891.40 (51.94) 2,839.46 2,237.57 (30.07) 2,207.50
Unallocated expenses (268.68) (226.69)
Operating Profit 2,570.78 1,980.81
Finance costs (40.51) (34.76)
Interest Income 22.62 11.51
Dividends 69.78 70.61
Profit on sale of short term 5.37 4.26
investments
Profit on sale of long term 24.71 27.56
investments
Profit on sale of fixed assets 10.94 2.69
Other non-operating income 17.17 14.19
Exceptional Item (52.45) -
Income taxes (849.14) (649.54)
Profit after tax 1,779.27 1,427.33
OTHER INFORMATION
Segment assets 7,187.32 214.38 7,401.70 6,602.19 239.94 6,842.13
Unallocated assets 2,741.63 2,072.57
Total assets 10,143.33 8,914.70
Segment liabilities 3,447.08 61.79 3,508.87 3,229.96 53.67 3,283.63
Unallocated liabilities 1,029.21 888.71
Total liabilities 4,538.08 4,172.34
Capital expenditure 950.35 6.09 956.44 268.66 53.16 321.82
Unallocated capital expenditure 43.47 29.14
TOTAL 999.91 350.96
Depreciation, Amortisation and 230.99 16.40 247.39 219.15 14.87 234.02
Impairment
Unallocated depreciation/Impairment 40.58 34.31
TOTAL 287.97 268.33
* Home Improvement business is identified as a separate business segment which includes Sleek International Private Limited acquired
by the parent company on 8th August, 2013 and bath fittings business acquired by the parent company effective 1st June, 2014 [Refer
Note 27 C (c)].

214 Annual Report 2015-16

notes to Consolidated FinanCial statements
NOTE 36 : SEGMENT INFORMATION FOR THE YEAR ENDED 31ST MARCH, 2016 (Continued)
(ii) Secondary segment information - Geographical Segment:
(` in crores)
2015-16 2014-15
Domestic International Total Domestic International Total
Operations Operations Operations Operations
Segment revenue 13,498.69 2,085.58 15,584.27 12,436.17 1,785.53 14,221.70
Carrying cost of segment assets 8,483.04 1,660.29 10,143.33 7,569.63 1,345.07 8,914.70
Additions to fixed and intangible assets* 906.08 179.03 1,085.11 202.10 85.33 287.43
* FY 2014-15 includes additions pursuant to acquisition of stake in Kadisco Paint and Adhesive Industry Share Company [Refer note
27 C (a)].
NOTE 37: DISCLOSURE OF ADDITIONAL INFORMATION PERTAINING TO THE PARENT COMPANY, SUBSIDIARIES
AND JOINT VENTURE COMPANIES:

(` in Crores)
Name of the Company Net Assets (Total Assets minus Total Liabilities) Share in Profit or Loss
2015-16 2014-15 2015-16 2014-15
As % of Net Assets As % of Net Assets As % of Profit/ As % of Profit/(Loss)
Consolidated Consolidated Consolidated (Loss) Consolidated
net assets net assets profit or loss profit or loss
Parent Company
Asian Paints Limited 83.3 4,907.44 83.9 4,200.54 90.4 1,606.84 91.9 1,311.08
Indian Subsidiaries
Direct Subsidiaries
Asian Paints Industrial Coatings Limited 0.2 10.36 0.2 9.52 0.0 0.84 0.0 0.38
Multifacet Infrastructure (India) Limited * 0.0 - 0.0 (0.04) 0.0 - 0.0 (0.01)
Maxbhumi Developers Limited 0.0 (1.29) 0.0 (1.25) 0.0 (0.24) (0.1) (0.96)
Sleek International Private Limited (0.1) (5.45) (0.1) (6.43) (0.6) (10.27) (0.6) (8.53)
Indirect Subsidiaries
Kitchen Grace (India) Private Limited # - - 0.0 1.38 - - 0.1 1.01
Foreign Subsidiaries
Direct Subsidiaries
Asian Paints (Nepal) Private Limited 0.8 46.68 0.8 38.39 0.7 11.64 0.6 9.02
Asian Paints (International) Limited 2.2 128.90 2.3 118.21 (0.3) (3.26) (0.3) (4.23)
Indirect Subsidiaries
Samoa Paints Limited 0.0 1.66 0.0 0.83 0.1 1.15 0.0 0.60
Asian Paints (South Pacific) Limited 0.5 29.20 0.3 15.57 0.4 6.70 0.5 6.74
Asian Paints (Tonga) Limited 0.0 0.19 0.0 0.49 0.0 0.87 0.1 1.25
Asian Paints (S I) Limited 0.1 3.90 0.1 3.23 0.2 3.51 0.3 3.74
Asian Paints (Vanuatu) Limited 0.0 0.32 0.0 0.24 0.1 0.95 0.0 0.35
Asian Paints (Middle East) LLC 0.4 26.49 0.5 24.58 0.2 2.78 0.2 2.60
Asian Paints (Bangladesh) Limited 1.0 60.10 0.9 44.93 0.6 11.40 0.5 6.49
SCIB Chemicals S.A.E. 1.9 112.42 1.7 86.39 1.5 27.10 1.2 17.78
Asian Paints (Lanka) Limited 0.0 0.93 0.1 3.78 0.0 (0.72) (0.1) (2.03)
Berger International Private Limited (0.1) (4.06) (1.8) (89.34) (0.7) (11.94) (0.2) (2.20)
Berger Paints Singapore Pte Limited (1.1) (65.45) (1.1) (57.31) (0.2) (3.92) (0.1) (1.13)
Berger Paints Bahrain W.L.L. 0.8 48.60 0.8 39.84 0.8 14.49 0.8 11.89
Berger Paints Emirates Limited 0.8 47.24 0.6 31.51 0.7 12.40 0.3 4.47
Nirvana Investments Limited 0.0 2.20 0.0 2.08 0.0 0.00 0.0 0.00
Enterprise Paints Limited (0.4) (20.84) (0.4) (19.94) 0.0 0.00 0.0 0.00
Universal Paints Limited 0.1 4.88 1.5 74.13 0.1 1.48 0.0 0.00

Asian Paints Limited 215