Atul Ltd 2016-17

Atul Ltd | Annual Report 2016-17 g) The carrying amount of assets hypothecated | mortgaged as security for current and non-current borrowings are: ( ` cr) Particulars As at March 31, 2017 As at March 31, 2016 As at April 01, 2015 First charge for current and second charge for non-current borrowings i) Inventories 430.06 427.78 411.51 ii) Trade receivables 518.96 441.39 439.16 iii) Current assets other than inventories and trade receivables 174.20 187.20 181.29 1,123.22 1,056.37 1,031.96 First charge for non-current and second charge for current borrowings Property, plant and equipment excluding leasehold land 971.01 717.76 480.29 Total assets as security 2,094.23 1,774.13 1,512.25 ( ` cr) Note 18 Other financial liabilities As at March 31, 2017 As at March 31, 2016 As at April 01, 2015 Current Non- current Current Non- current Current Non- current a) Current maturities of long-term debt (refer Note 17) 22.72 – 36.10 – 64.21 – b) Security deposits – 21.92 – 21.32 – 17.74 c) Interest accrued but not due 0.20 – 0.45 – 0.72 – d) Unclaimed dividends * 1.71 – 1.44 – 1.27 – e) Unclaimed matured deposits and interest thereon * 0.01 – 0.02 – 0.02 – f) Creditor for capital goods 20.52 – 18.33 – 9.93 – g) Other liabilities (includes discount payable) 7.76 2.13 9.54 3.19 11.19 2.40 52.92 24.05 65.88 24.51 87.34 20.14 * There is no amount due and outstanding to be credited to Investor Education and Protection Fund as at March 31, 2017. ( ` cr) Note 19 Provisions As at March 31, 2017 As at March 31, 2016 As at April 01, 2015 Current Non- current Current Non- current Current Non- current a) Provision for compensated absences 6.74 20.15 5.86 17.31 5.99 15.91 b) Others {refer a(ii) and (b) below} 2.86 – 1.67 – 1.87 – 9.60 20.15 7.53 17.31 7.86 15.91 a) Information about individual provisions and significant estimates i) Compensated absences T he compensated absences covers the liability for sick and earned absences. Out of the total amount disclosed above, the amount of ` 6.08 cr (March 31, 2016: ` 5.35 cr, April 01, 2015: ` 5.53 cr) is presented as current, since the Group does not have an unconditional right to defer settlement for any of these obligations. However, based on past experience, the Group does not expect all employees to take the full amount of accrued leave or require payment within the next 12 months. Notes to the Consolidated Financial Statements