Note 24.11 Leases The Company has taken a building on finance lease for a term of 30 years. Not later than one year - - 20.00 20.00 Later than one year and not later than five years 40.00 35.42 40.00 33.30 Later than five years 200.00 89.65 200.00 84.28 Total minimum lease payments payable 240.00 125.07 260.00 137.58 Less: future finance cost 114.93 - 122.42 - Present value of minimum lease payments payable 125.07 125.07 137.58 137.58 Particulars As at March 31, 2018 Minimum lease payments Present value of MLP As at March 31, 2017 Minimum lease payments Present value of MLP Rudolf Atul Chemicals Ltd | Annual Report 2017-18 Note 24.12 Disclosure requirement under MSMED Act, 2006 The Company has certain dues to suppliers (trade and capital) registered under Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act). The disclosures pursuant to the saidMSMED Act are as follows: Particulars As at March 31, 2018 As at March 31, 2017 Principal amount due to suppliers registered under the MSMED Act and remaining unpaid as at year end 4.02 19.44 Interest due to suppliers registered under the MSMED Act and remaining unpaid as at year end 0.01 1.34 Principal amounts paid to suppliers registered under the MSMED Act, beyond the appointed day during the year 12.70 104.32 Interest due and payable towards suppliers registered under MSMED Act, for payments already made 1.35 1.34 Note 24.13 Corporate Social Responsibility a) Gross amount required to be spent by the Company during the year is ` 24.44 lakhs b) Amount spent during the year on: Particulars Paid Payable Total i) Construction | acquisition of any asset - - - ii) On purposes other than (i) above 24.50 - 24.50 Figures of the earlier year have been regrouped | recast | reclassified wherever necessary. Note 24.15 The Financial Statements were authorised for issue by the Board of Directors on April 20, 2018. In terms of our report attached For and on behalf of the Board of Directors For Deloitte Haskins & Sells LLP Chartered Accountants Wolfgang Schumann Chairman Samir R. Shah Partner Milind Phatak G Venugopala Rao Managing Director Chief Financial Officer Sudhir Merchant Sujal Shah Directors Mumbai April 20, 2018 Ulrich Hambrecht Gopi Kannan Thirukonda Rakesh Pathak Company Secretary Mumbai April 20, 2018 Note 24.14 Regrouped | Recast | Reclassified (` lakhs) Finance lease Future minimum lease payments payable under finance leases together with the present value of the net minimum lease payments are as under:
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