Atul Ltd 2014-15

Atul Ltd | Annual Report 2014-15 ( ` cr) NOTE 18 TRADE RECEIVABLES As at March 31, 2015 As at March 31, 2014 a) Trade receivables outstanding for more than six months from the date they became due for payment: i) Unsecured, considered good from Related parties 1.44 2.06 Others 1.69 4.20 ii) Doubtful 2.81 2.36 Less: Provision for doubtful debts 2.81 2.36 – – 3.13 6.26 b) Others: i) Unsecured, considered good from Related parties 0.68 3.01 Others 438.61 427.81 439.29 430.82 442.42 437.08 ( ` cr) NOTE 19 CASH AND BANK BALANCES As at March 31, 2015 As at March 31, 2014 a) Cash and cash equivalents: i) Balances with banks In current accounts 30.10 15.92 Deposit with bank for less than 3 months maturity 3.76 2.00 ii) Cash on hand 0.01 0.14 33.87 18.06 b) Other bank balances: Earmarked balances with banks i) Unclaimed dividend | interest on public deposit 1.29 1.17 ii) Short-term bank deposits (including margin money deposits) 1.57 1.82 2.86 2.99 36.73 21.05 ( ` cr) NOTE 20 SHORT-TERM LOANS AND ADVANCES As at March 31, 2015 As at March 31, 2014 Loans and advances, unsecured, considered good to: a) Related parties 4.13 2.14 b) Others: i) Advances recoverable in cash or kind 86.57 80.84 ii) Balances with statutory authorities 18.48 18.41 iii) Sundry deposits 0.84 0.66 iv) Others 0.23 0.83 110.25 102.88 ( ` cr) NOTE 21 OTHER CURRENT ASSETS As at March 31, 2015 As at March 31, 2014 a) Export incentive receivable 29.66 34.29 b) Asset held for sale 0.59 0.59 c) Mark-to-Market gains on derivatives 3.34 2.55 d) Sundry receivable Doubtful 0.19 0.19 Less: Provision for doubtful receivable 0.19 0.19 – – 33.59 37.43 Notes to the Consolidated Financial Statements