Atul Ltd 2013-14

Atul Ltd | Annual Report 2013-14 ( ` cr) NOTE 17 TRADE RECEIVABLES As at March 31, 2014 As at March 31, 2013 (a) Trade receivables outstanding for more than six months from the date they became due for payment: (i) Unsecured, considered good From related parties 2.06 1.93 From others 4.20 3.63 (ii) Doubtful 2.36 2.62 Less: Provision for doubtful debts 2.36 2.62 6.26 5.56 (b) Others: (i) Unsecured, considered good From related parties 3.01 4.87 From others 427.81 341.25 430.82 346.12 437.08 351.68 ( ` cr) NOTE 18 CASH AND BANK BALANCES As at March 31, 2014 As at March 31, 2013 (a) Cash and cash equivalents: (i) Balances with banks In current accounts 17.92 9.74 (ii) Cash on hand 0.14 0.15 18.06 9.89 (b) Other Bank balances: Earmarked balances with banks (i) Unclaimed dividend | interest on public deposit 1.17 1.03 (ii) Short-term bank deposits (including margin money deposits) 1.82 3.94 2.99 4.97 21.05 14.86 ( ` cr) NOTE 19 SHORT-TERM LOANS AND ADVANCES As at March 31, 2014 As at March 31, 2013 Loans and advances, Unsecured, considered good to: (a) Related parties 2.14 4.62 (b) Others: (i) Advances recoverable in cash or kind 80.84 70.21 (ii) Balances with statutory authorities 18.41 25.99 (iii) Sundry deposits 0.66 0.83 (iv) Others 0.83 0.19 102.88 101.84 ( ` cr) NOTE 20 OTHER CURRENT ASSETS As at March 31, 2014 As at March 31, 2013 (a) Export incentive receivable 34.29 16.91 (b) Asset held for sale 0.59 0.59 (c) Mark-to-Market gains on derivatives 2.55 – (d) Sundry receivable Doubtful 0.19 0.19 Less: Provision for doubtful receivable 0.19 0.19 37.43 17.50 Notes to the Consolidated Financial Statements