Page 197 - DJML Annual Report 24-25
P. 197
CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS
March 31, 2025
Diluted earnings per share is computed using borrowing cost when they are regarded as an
the net profi for the year attributable to the adjustment to interest costs on those foreign
shareholders’ and weighted average number of currency borrowings;
equity shares.
Borrowing costs directly attributable to the
Cash flows are reported using the indirect acquisition, construction or production of
method, whereby profit for the period is adjusted qualifying assets are capitalised as part of
for the effects of transactions of a non-cash the cost of such assets up to the assets are
nature, any deferrals or accruals of past or substantially ready for their intended use. The
future operating cash receipts or payments and loan origination costs directly attributable to the
item of income or expenses associated with acquisition of borrowings e.g. loan processing
investing or financing ca flows. The ca fee, upfront fee) are amortised in the year in
flo fro operating, investing and financing which they occur.
activities of the Company are segregated.
Investment income earned on the temporary
investme of specifi borrowing pending
their expenditure on qualifying assets is
Transactions in foreign currencies are recorded
deducted from the borrowing costs eligible for
by the Company entities at their respective
capitalization. All other borrowing costs are
functional currency at the exchange rates
prevailing a the date of the transactio fir recognised the stateme of profi and lo
qualifie for recognition. Monetar asse and in the period in which they are incurred.
liabilities denominated in foreign currency are
translated to the functional currency at the
Based on the nature of the event, the company
exchange rates prevailing at the reporting date.
identifies the events occurring between the
Non Monetary asset and liabilities that are balance sheet date and the date on which
measured at fair value in a foreign currency the financia stateme are approved a
are translated into the functional currency ‘Adjusting Eve and ‘NonAdjusting event’.
at the exchange rate when the fair value was Adjustments to assets and liabilities are
determined. No monetar asse and liabilitie made for events occurring after the balance
that are measured based on historical cost in a sheet date that provide additional information
foreign currency are translated at the exchange materially affecting the determination of the
rate at the date of the transaction. amounts relating to conditions existing at the
balance sheet date or because of statutory
Exchange differences arising on settlement or
requirements or because of their special nature.
translation of monetary items are recognised
the stateme of profi and lo the For nonadjusting events, the company may
exception that the exchange differences on provide a disclosure the financia stateme
considering the nature of the transaction.
foreign currency borrowings included in the
Annual Report 2024-25 194
