Atul Ltd 2017-18

121 ( ` cr) Note 16 Other financial liabilities As at March 31, 2018 As at March 31, 2017 Current Non- current Current Non- current a) Current maturities of long-term debt (refer Note 15) – – 21.23 – b) Employee benefits payable 24.28 – 22.56 – c) Security deposits – 19.80 – 19.30 d) Interest accrued, but not due – – 0.18 – e) Unclaimed dividend* 1.95 – 1.71 – f) Unclaimed matured deposits and interest thereon* 0.01 – 0.01 – g) Creditor for capital goods 18.81 – 18.38 – h) Other liabilities (includes discount payable) 10.13 2.77 4.75 2.14 55.18 22.57 68.82 21.44 * There is no amount due and outstanding to be credited to Investor Education and Protection Fund as at March 31, 2018. ( ` cr) Note 17 Provisions As at March 31, 2018 As at March 31, 2017 Current Non- current Current Non- current a) Provision for compensated absences 6.86 17.71 6.08 20.04 b) Others {refer a (ii) and b below} 1.50 – 1.54 – 8.36 17.71 7.62 20.04 a) Information about individual provisions and significant estimates i) Compensated absences: T he Compensated absences cover the liability for sick and earned leave. Out of the total amount disclosed above, the amount of ` 6.86 cr (March 31, 2017: ` 6.08 cr) is presented as current, since the Company does not have an unconditional right to defer settlement for any of these obligations. However, based on past experience, the Company does not expect all employees to take the full amount of accrued leave or require payment within the next 12 months. ii) Effluent disposal: T he entity has provided for expenses it estimates to incur for safe disposal of effluent in line with the regulatory framework it operates in. The provision represents the unpaid amount the entity expects to incur for which the obligating event has already arisen as on the reporting date. b) Movement of provision for effluent disposal: ( ` cr) Particulars As at March 31, 2018 As at March 31, 2017 Balance as at the beginning of the year 1.54 1.65 Less: Utilised (1.54) (1.65) Provision made during the year 1.50 1.54 Balance as at the end of the year 1.50 1.54 ( ` cr) Note 18 Other current liabilities As at March 31, 2018 As at March 31, 2017 a) Statutory dues 4.05 11.23 b) Advances received from customers 10.61 4.97 14.66 16.20 ( ` cr) Note 19 Trade payables As at March 31, 2018 As at March 31, 2017 a) Related Party (refer Note 27.4) 11.32 6.35 b) Others (refer Note 27.14 for outstanding dues of micro enterprise and small enterprise) 459.14 322.71 470.46 329.06 Notes to the Financial Statements