Atul Ltd 2019-20

189 Consolidated | Notes to the Financial Statements ( ` cr) Note 11 Trade receivables As at March 31, 2020 As at March 31, 2019 a) Considered good - unsecured 727.67 702.51 b) Which have significant increase in credit risk 2.37 3.57 Less: Allowance for doubtful debts (refer Note 29.8) (10.31) (7.61) 719.73 698.47 Trade receivables are valued considering provision for allowance using expected credit lossmethod. In addition to the historical pattern of credit losses, the Group has considered the likelihood of increased credit credit risks, subsequent recoveries, insurance and consequential default considering emerging situations due to COVID-19. This assessment is considering the nature of industries, impact immediately seen in the demand outlook of these industries and the financial strength of the customers in respect of whom amounts are receivable. Allowance for doubtful debts recognised in the Consolidated Statement of Profit and Loss of ` 6.46 cr (March 31, 2019: ` 6.88 cr). ( ` cr) Note 12 Cash and cash equivalents As at March 31, 2020 As at March 31, 2019 a) Balances with banks In current accounts 26.06 37.47 b) Cash on hand 0.13 0.12 26.19 37.59 There are no repatriation restrictions with regard to cash and cash equivalents. ( ` cr) Note 13 Bank balances other than cash and cash equivalents above As at March 31, 2020 As at March 31, 2019 a) Unclaimed dividend 3.26 2.14 b) Unclaimed interest on public deposit 0.01 0.01 c) Short-term bank deposit with maturity between 3 to 12 months 5.91 14.76 9.18 16.91 ( ` cr) Note 14 Equity share capital As at March 31, 2020 As at March 31, 2019 Authorised 8,00,00,000 (March 31, 2019: 8,00,00,000) equity shares of ` 10 each 80.00 80.00 80.00 80.00 Issued 2,96,91,780 (March 31, 2019: 2,96,91,780) equity shares of ` 10 each 29.69 29.69 29.69 29.69 Subscribed 2,96,61,733 (March 31, 2019: 2,96,61,733) equity shares of ` 10 each, fully paid 29.66 29.66 29,991 (March 31, 2019: 29,991) Add: Forfeited shares (amount paid-up) 0.02 0.02 29.68 29.68