224 Annual Report 2023-24 Atul Ltd Note 16 Borrowings (continued) e) The carrying amount of assets hypothecated | mortgaged as security for current and non-current borrowing limits are: (` cr) Particulars As at March 31, 2024 As at March 31, 2023 i) Property, plant and equipment excluding leasehold land, certain lands and buildings 2,589.38 1,477.50 ii) Inventories 598.49 649.46 iii) Trade receivables 877.98 894.88 iv) Current assets other than inventories and trade receivables 153.71 132.83 Total assets as security 4,219.56 3,154.67 (` cr) Note 17 Other financial liabilities As at March 31, 2024 As at March 31, 2023 Non-current Current Non-current Current a) Employee benefits payable - 57.47 0.60 47.08 b) Security deposits - 39.13 - 37.06 c) Unclaimed dividends* - 2.67 - 2.81 d) Derivative financial liabilities designated as hedges (net ) - 0.11 - 0.54 e) Creditor for capital goods - 111.99 - 118.59 f) Other liabilities 4.22 3.98 3.99 4.05 4.22 215.35 4.59 210.13 *There is no amount due and outstanding to be credited to Investor Education and Protection Fund as at March 31, 2024. (` cr) Note 18 Provisions As at March 31, 2024 As at March 31, 2023 Non-current Current Non-current Current a) Provision for compensated absences 31.12 10.46 32.47 8.60 b) Others {refer i (b) and (ii) below} - 10.58 - 12.23 31.12 21.04 32.47 20.83 i) Information about individual provisions and significant estimates a) Compensated absences The Compensated absences cover the liability for sick and earned absences. Out of the total amount disclosed above, the amount of ` 10.46 cr (March 31, 2023: ` 8.60 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. b) Others Regulatory and other claims The Group has provided for certain regulatory and other charges for which claims have been received by the Group. The provision represents the unpaid amount that the entity expect to incur | pay for which the obligating event has already arisen as on the reporting date. Effluent disposal The Group 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.
RkJQdWJsaXNoZXIy MjA2MDI2