121 / 148
119
(
`
cr)
NOTE 6 LONG-TERM PROVISIONS
As at
March 31, 2014
As at
March 31, 2013
Provision for leave entitlement
5.28
5.07
Gratuity
0.05
0.06
5.33
5.13
(
`
cr)
NOTE 7 OTHER NON-CURRENT LIABILITIES
As at
March 31, 2014
As at
March 31, 2013
Deferred liabilities - capital goods
1.00
–
1.00
–
(
`
cr)
NOTE 8 SHORT-TERM BORROWINGS
As at
March 31, 2014
As at
March 31, 2013
(a) Secured
Working capital loans repayable on demand from banks
132.88
152.21
(b) Unsecured
Loans from banks including foreign banks
55.00
–
Loan from related parties
5.00
–
(c) Buyers’ credit arrangement
–
9.36
192.88
161.57
(
`
cr)
NOTE 9 TRADE PAYABLES
As at
March 31, 2014
As at
March 31, 2013
Trade payables including acceptances
322.96
291.61
322.96
291.61
(
`
cr)
NOTE 10 OTHER CURRENT LIABILITIES
As at
March 31, 2014
As at
March 31, 2013
(a) Current maturities of long-term borrowings (see Note 4)
54.71
44.09
(b) Interest accrued but not due on borrowings
1.25
1.50
(c) Unclaimed dividends
1.12
0.97
(d) Unclaimed matured deposits and interest thereon
0.05
0.12
(e) Security deposits
17.80
14.38
(f) Advances received from customers
6.51
3.99
(g) Employee benefits payable
24.41
21.23
(h) Creditors for capital goods
3.02
5.95
(i) Commission and discount payable
10.05
10.39
(j) Statutory dues
14.74
9.36
(k) Provision for Mark-to-Market losses on derivatives
–
0.10
(l) Others
5.23
5.53
138.89
117.61
(
`
cr)
NOTE 11 SHORT-TERM PROVISIONS
As at
March 31, 2014
As at
March 31, 2013
(a) Provision for leave entitlement
16.12
15.06
(b) Others:
Proposed dividend (see Note 3 (g))
22.25
17.80
Dividend distribution tax on proposed dividend
3.85
3.02
Other provisions
1.25
0.36
43.47
36.24
Notes
to the Consolidated Financial Statements