Investor Presentaiton
MRP
Additional information on Net Assets and Share of Profit as at 31st March, 2023
As % of
consolidated
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2023
d. (i)
Name of the entity
Share in Other Comprehensive
Income (OCI)
As a % of
OCI
Amount
(*Crores)
Net Assets, i.e., total assets
minus total liabilities
Amount
(Crores)
Share in profit or loss
As % of net
Profit
Amount
(Crores)
net assets
2022-23
2021-22
98.64
98.17
14507.39
13774.61
104.70
96.82
1120.03
879.07
100.48%
100.48%
(21.01)
14.67
Parent
- MRF Ltd.
Subsidiaries
Indian
- MRF Corp. Ltd.
2022-23
0.97
143.08
2.12
22.71
(0.48%)
2021-22
0.90
126.75
2.28
20.70
(0.48%)
0.10
(0.07)
- MRF International Ltd.
2022-23
0.01
2.08
0.01
0.13
2021-22
0.01
1.99
0.01
0.13
Foreign
- MRF Lanka (P) Ltd.
2022-23
0.04
5.22
0.24
2.58
2021-22
0.03
3.74
0.01
0.05
- MRF SG PTE. LTD.
2022-23
0.34
49.89
2021-22
0.89
124.66
(7.07)
0.88
(75.71)
7.98
Minority Interest
Indian Subsidiary
2022-23
2021-22
e.
0.16
0.15
(ii) The Group does not have any material transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of the
Companies Act, 1956 during the financial year.
Disclosures under Ind AS 108 - "Operating Segment" :
The group except for MRF Corp Ltd., is engaged in the manufacture of rubber products such as Tyre, Tubes, Flaps, Tread Rubber and / or Trading in
Rubber and Rubber Chemicals. In the context of IND AS 108 operating segment are considered to constitute one single primary segment. MRF Corp
Ltd. is engaged in the manufacture of Speciality Coatings and its revenues, results and assets do not meet the criteria specified for reportable segment
prescribed in the IND AS. The group's operations outside India do not exceed the quantitative threshold for disclosure envisaged in the IND-AS. Non-
reportable segments have not been disclosed as unallocated reconciling item in view of their materiality. In view of the above, primary and secondary
reporting disclosures for business/geographical segment are not applicable.
Entity wide disclosure as per paragraph 31 of IND AS 108:
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