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NOTES TO THE UNCONSOLIDATED

FINANCIAL STATEMENTS

For the year ended June 30, 2020

(i) determine current service cost for the remainder of the period after the plan amendment, curtailment or
settlement using the actuarial assumptions used to remeasure the net defined benefit liability (asset)
reflecting the benefits offered under the plan and the plan assets after that event and determine net
interest for the remainder of the period after the plan amendment, curtailment or settlement using:

(a) the net defined benefit liability (asset) reflecting the benefits offered under the plan and the plan
assets after that event; and
(b) the discount rate used to remeasure that net defined benefit liability (asset).
(ii) determine any past service cost, or a gain or loss on settlement, without considering the effect of the
asset ceiling. This amount is to be recognized in profit or loss. An entity then determine the effect of the
asset ceiling after the plan amendment, curtailment or settlement. Any change in that effect, excluding
amounts included in net interest, is recognized in other comprehensive income.

The amendments do not have any significant impact on these unconsolidated financial statements.

– Amendment to IAS 28 ‘Investments in Associates and Joint Ventures’ – Long term investment in
Associates and Joint Ventures:
The amendment will affect companies that finance such entities with preference shares or with loans for
which repayment is not expected in the foreseeable future (referred to as long–term interests or ‘LTI’). The
amendment and accompanying example state that LTI are in the scope of both IFRS 9 and IAS 28 and
explain the annual sequence in which both standards are to be applied. The amendment do not have any
impact on these unconsolidated financial statements.
– Amendment to IFRS 9 ‘Financial Instrument’– prepayment Features with Negative Compensation
and modifications of financial liabilities:
The amendment allow debt instruments with negative compensation prepayment features to be measured
at amortized cost or fair value through other comprehensive income. The amendment also clarified that
gains and losses arising on modifications of financial liabilities that do not result in derecognition should
be recognized in profit or loss. The amendment do not have any impact on these unconsolidated financial
statements.

– IFRS 16, ‘Leases’:
IFRS 16 introduces a single lessee accounting model and requires a lessee to recognize assets and liabilities
for all leases with a term of more than 12 months, unless the underlying asset is of low value. A lessee is
required to recognize a right–of–use asset representing its right to use the underlying leased asset and a
lease liability representing its obligation to make lease payments. IFRS 16 supersedes IAS 17 – Leases,
IFRIC 4 – Determining whether an Arrangement contains a Lease, SIC 15 – Operating Leases–Incentives and
SIC 27 – Evaluating the Substance of Transactions Involving the Legal Form of a Lease. Impact of adoption
of IFRS 16 is disclosed in note. 7 of the unconsolidated financial statements.

– IFRIC 23 ‘Uncertainty over Income Tax Treatments’:
IFRIC 23 clarifies how the recognition and measurement requirements of IAS 12 ‘Income taxes’, are applied
where there is uncertainty over income tax treatments. An uncertain tax treatment is any tax treatment applied
by an entity where there is uncertainty over whether that treatment will be accepted by the tax authority. For
example, a decision to claim a deduction for a specific expense or not to include a specific item of income
in a tax return is an uncertain tax treatment if its acceptability is uncertain under tax law. IFRIC 23 applies
to all aspects of income tax accounting where there is an uncertainty regarding the treatment of an item,
including taxable profit or loss, the tax bases of assets and liabilities, tax losses and credits and tax rates.
The amendment does not have any impact on these unconsolidated financial statements.

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