Atul Ltd 2019-20

145 Standalone | Notes to the Financial Statements Note 28.6 Employee benefit obligations (continued) b) Defined contribution plans: Provident and other funds: Amount of ` 12.78 cr (March 31, 2019: ` 14.27 cr) {net of ` 0.26 cr (March 31, 2019: ` 0.21 cr) from the Pradhan Mantri Rojgar Protsahan Yojana} is recognised as expense and included in Note 25 'Contribution to provident and other funds'. Compensated absences: Amount of ` 4.96 cr (March 31, 2019: ` 3.24 cr) is recognised as expense and included in Note 25 'Salaries, wages and bonus'. c) The Company is studying the legal position on the implications of the relevant judgement of the Supreme Court on applicability of provident fund on its various allowances and is in the process of expeditiously depositing related dues, if any. Note 28.7 Fair value measurements Financial instruments by category ( ` cr) Particulars As at March 31, 2020 As at March 31, 2019 FVPL FVOCI Amortised cost FVPL FVOCI Amortised cost Financial assets Investments: Equity instruments - 466.31 - - 526.12 - Preference shares - - 4.92 - - 5.24 Government securities - - 0.01 - - 0.01 Mutual funds 627.49 - - 197.64 - - Trade receivables - - 718.93 - - 762.18 Loans - - 17.50 - - 4.92 Security deposits for utilities and premises - - 2.14 - - 1.76 Dividends receivable - - 2.15 - - 0.18 Derivative financial assets designated as hedges (net ) - - - - 1.22 - Finance lease receivables - - 1.20 - - 1.33 Cash and bank balances - - 8.79 - - 28.62 Other receivables - - 28.86 - - 15.18 Total financial assets 627.49 466.31 784.50 197.64 527.34 819.42 Financial liabilities Trade payables - - 478.46 - - 418.10 Security deposits - - 27.53 - - 22.39 Derivative financial liabilities designated as hedges (net ) - 1.62 - - - - Employee benefits payable - - 57.93 - - 47.70 Creditors for capital goods - - 32.48 - - 16.45 Other liabilities (includes discount payables) - - 7.63 - - 6.55 Total financial liabilities - 1.62 604.03 - - 511.19