Page 248 - DJML Annual Report 24-25

CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS

March 31, 2025

Acquisition that does not meet the definition of of ownership of the asset to another entity. The
‘business’ in accordance with Ind AS - 103 Business Group derecognise financia liabilitie when, and
Combinations is treated as acquisition of assets. only when, the Group’s obligations are discharged,
cancelled or have expired.

Financial assets and liabilities are recognised The Group considers all highly liquid investments,
when the Group becomes a party to the contractual which are readily convertible into known amounts
provisions of the instrument. Financial assets and of ca tha are subje to a insignifica r of
liabilities are initially measured at fair value, except change in value to be cash equivalents. Cash and
for trade receivables which are initially measured at cash equivalents consist of balances with banks
transaction price. Transaction costs and which are unrestricted for withdrawal and
usage.
that are directly attributable to the acquisition or
issue of financia asse and financia liabilitie
(other tha financia asse and financia liabilitie Other material accounting policies followed by the
a fair value throug profi or lo are added to or Group are exactly similar to the material accounting
deducted from the fair value measured on initial policies of the parent, DJ Mediaprint & Logistics
recognitio of financia asse or financia liability.
Limited.; and hence have not been reproduced here.
The Group derecognise a financia asse o Refer note 1 of standalone financial statements
whe the contractua rig to the ca flo fro of DJ Mediaprint & Logistics Limited. for the year
the asse expire, or whe transfer the financia ended 31 March 2025 for details in regard to other
asset and substantially all the risks and rewards material accounting policies.

Annual Report 2024-25 245