Page 232 - Kolte Patil AR 2019-20

Notes forming part of the Consolidated Financial Statements

The amount of the expense is based on the fair value of the employee stock options and is calculated using a Binomial Lattice valuation
model. A lattice model produces estimates of fair value based on assumed changes in share prices over successive periods of time. The
Binomial Lattice model allows for at least two possible price movements in each subsequent time period.

The Hull-White model (HW-model) is an extension of the Binomial Lattice model. It models the early exercise behavior of employees by
assuming that exercise takes place whenever the stock price reaches a certain multiple M of the strike price X when the option has vested.
The Black and Scholes valuation model has been used for computing the weighted average fair value.

47. ADDITIONAL INFORMATION PERTAINING TO PARENT COMPANY AND SUBSIDIARIES AS REQUIRED
BY PARAGRAPH 2 OF THE GENERAL INSTRUCTIONS FOR PREPARATION OF CONSOLIDATED FINANCIAL
STATEMENTS TO SCHEDULE III TO THE COMPANIES ACT, 2013
(H in Lakhs)

Net Assets, Share in Total
Share in Other
Name of the entity i.e., total assets minus total Share in Profit /(Loss) after Comprehensive Income Comprehensive Income/
Tax
liabilities (Loss)
As % of Amount As % of Amount As % of Amount As % of Amount
Consolidated Consolidated Consolidated Consolidated
net assets Profit After Tax OCI TCI
Parent Company
93.82% 86,301 40.16% 4,003 210.07% 14 40.27% 4,017
Kolte-Patil Developers Limited
(96.61%) (81,730) (57.54%) (5,721) (34.87%) (11) (57.48%) (5,732)
Subsidiaries
Snowflower Properties Private 3.18% 2,929 (2.08%) (208) 17.66% 1 (2.07%) (207)
Limited (3.48%) (2,947) ((3.87%)) ((385)) (16.51%) (5) ((3.81%)) ((380))
Tuscan Real Estate Private 2.30% 2,111 (2.04%) (203) 20.40% 2 (2.03%) (201)
Limited (3.03%) (2,567) (3.00%) (298) (5.80%) (2) (3.01%) (300)
Kolte-Patil Real Estate Private 9.64% 8,867 14.34% 1,429 (17.72%) (1) 14.32% 1,428
Limited (7.97%) (6,741) (13.24%) (1,316) (14.43%) (5) (13.25%) (1,321)
Kolte-Patil I-Ven Townships (7.99%) (7,346) 9.60% 956 (128.00%) (8) 9.50% 948
(Pune) Limited ((10.47%)) (8,858) (8.58%) (852) (16.23%) (5) (8.60%) (857)
Regenesis Facility Management 0.11% 98 0.42% 42 (75.14%) (5) 0.00 37
Company Private Limited (0.20%) (170) (0.46%) (46) (1.02%) (0) (0.46%) (46)
Kolte-Patil Redevelopment (0.06%) (57) (1.98%) (197) 0.00% - (1.98%) (197)
Private Limited (formerly known
as PNP Retail Private Limited) (0.17%) (140) ((1.30%)) ((129)) (0.00%) - ((1.30%)) ((129))
0.25% 228 (1.50%) (150) 0.00% - (1.50%) (150)
PNP Agrotech Private Limited
(0.45%) (378) ((1.59%)) ((158)) (0.00%) - ((1.59%)) ((158))
Sylvan Acres Realty Private 1.17% 1,072 (0.01%) (1) 0.00% - (0.01%) (1)
Limited (1.27%) (1,074) ((0.03%)) ((3)) (0.00%) - ((0.03%)) ((3))
0.11% 102 (0.95%) (95) -78.88% (5) (1.01%) (100)
Kolte-Patil Global Private Limited
(0.24%) (202) (0.00%) - (0.00%) - (0.00%) -
(0.06%) (55) (0.55%) (55) 0.00% - (0.55%) (55)
Anisha Lifespaces Private Limited
(0.00%) - ((0.01%)) ((1)) (0.00%) - ((0.01%)) ((1))
8.38% 7,707 (1.28%) (128) 93.10% 6 (1.22%) (122)
Ankit Enterprises
(10.24%) (8,666) ((3.55%)) ((353)) ((10.73%)) ((3)) ((3.57%)) ((356))
0.04% 38 (0.02%) (2) 0.00% - (0.02%) (2)
Kolte-Patil Homes
(0.05%) (41) ((0.03%)) ((3)) ((0.03%)) - ((0.03%)) ((3))

230 | Kolte-Patil Developers Limited