Asian Paints Limited

Consolidated
as at 31st
Balance Sheet
( in Crores)

Notes As at 31.03.2021 As at 31.03.2020

ASSETS
Non-Current assets
2A 4,476.35
Right of Use Assets 2B 845.55
Capital work-in-progress 182.98
Goodwill 3A 302.63
Other Intangible Assets 3B 233.99
Investments in Associates 483.90
Financial Assets
Investments 985.78
Trade Receivables 6 2.89
Loans 61.89
Other Financial Assets 532.17
Deferred Tax Assets (Net) 21C 14.28
Current Tax Assets (Net) 152.23
Other Non-Current assets 10 68.38
8,343.02 8,574.66
Current assets
Inventories 11 3,798.60
Financial Assets
Investments 3,267.12
Trade Receivables 6 2,602.17
Cash and Cash Equivalents 346.39
Other Balances with Banks 264.36
Loans 17.59
Other Financial Assets 1,179.65
Other Current Assets 10 537.23
12 13.49
12,026.60 7,580.11
Total Assets 20,369.62 16,154.77
EQUITY AND LIABILITIES
Equity
Equity Share Capital 13 95.92
Other Equity 12,710.37
Equity attributable to owners of the Company 12,806.29 10,130.16
Non-Controlling Interests 422.86 403.53
13,229.15 10,533.69
Liabilities
Non-Current Liabilities
Financial Liabilities
Borrowings 14.53
Lease Liabilities 16 561.36
Other Financial Liabilities 3.38
Provisions 215.21
Deferred Tax Liabilities (Net) 21C 415.59
Other Non-current Liabilities 4.54
1,214.61 1,240.70

260 Annual Report 2020-21

Consolidated Balance Sheet (Contd.)

( in Crores)

Notes As at 31.03.2021 As at 31.03.2020

Current Liabilities
Financial Liabilities
Borrowings 325.70
Lease Liabilities 16 183.18
Trade Payables
Total Outstanding dues of Micro Enterprises and Small Enterprises 20 91.53
Total Outstanding dues of creditors other than Micro Enterprises and Small Enterprises 20 3,287.19
Other Financial Liabilities 1,603.02
Other Current liabilities 229.58 131.61
Provisions 84.43
Current Tax Liabilities (Net) 22 121.23
5,925.86 4,380.38
Total Equity and Liabilities 20,369.62 16,154.77
1
See accompanying notes to the Consolidated Financial Statements

As per our report of even date attached For and on behalf of the Board of Directors of Asian Paints Limited

For Deloitte Haskins & Sells LLP Ashwin Dani Amit Syngle
Chartered Accountants Chairman Managing Director & CEO

Abhijit A. Damle M.K. Sharma R.J. Jeyamurugan

Mumbai Mumbai
12th 12th

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Consolidated 261