Atul Ltd 2014-15

137 ( ` cr) NOTE 7 LONG-TERM PROVISIONS As at March 31, 2015 As at March 31, 2014 Provision for leave entitlement 15.98 15.25 Gratuity 0.06 0.05 16.04 15.30 ( ` cr) NOTE 8 SHORT-TERM BORROWINGS As at March 31, 2015 As at March 31, 2014 a) Secured Working capital loans repayable on demand from banks 51.95 132.88 b) Unsecured Loans from banks including foreign banks 15.02 55.00 Loan from related parties 9.00 5.00 c) Commercial papers 100.00 – d) Deposit from the Directors 0.01 – 175.98 192.88 ( ` cr) NOTE 9 TRADE PAYABLES As at March 31, 2015 As at March 31, 2014 Trade payables including acceptances 272.19 325.10 272.19 325.10 ( ` cr) NOTE 10 OTHER CURRENT LIABILITIES As at March 31, 2015 As at March 31, 2014 a) Current maturities of long-term borrowings (refer Note 4) 64.28 54.71 b) Interest accrued but not due on borrowings 0.71 1.25 c) Unclaimed dividends 1.27 1.12 d) Unclaimed matured deposits and interest thereon 0.02 0.05 e) Advances received from customers 8.39 6.51 f) Employee benefits payable 31.69 24.25 g) Creditors for capital goods 8.82 3.02 h) Commission and discount payable 11.17 10.05 i) Statutory dues 15.92 14.74 j) Others 4.27 5.23 146.54 120.93 ( ` cr) NOTE 11 SHORT-TERM PROVISIONS As at March 31, 2015 As at March 31, 2014 a) Provision for leave entitlement 5.60 6.15 b) Other employee benefits 0.35 0.16 c) Others: Provision for taxation (net of tax paid in advance) 5.18 – Proposed dividend {refer Note 3 (g)} 25.21 22.25 Dividend distribution tax on proposed dividend 5.61 3.85 Other provisions 1.61 1.25 43.56 33.66 Notes to the Consolidated Financial Statements