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Note 29.7 Fair value measurements (continued)
ēȴ GîĿƑ DŽîŕƭĚ ūlj ǛŠîŠČĿîŕ îƙƙĚƥƙ îŠē ŕĿîċĿŕĿƥĿĚƙ ŞĚîƙƭƑĚē îƥ îŞūƑƥĿƙĚē Čūƙƥ
(
`
cr)
Particulars
As at
March 31, 2019
As at
March 31, 2018
Carrying
amount
Fair value Carrying
amount
Fair value
Financial assets
Investments:
Government securities
0.01
0.01
0.01
0.01
Investment in NHAI bonds
0.10
0.10
0.10
0.10
Security deposits for utilities and premises
ǨȦǪǭ
ǨȦǪǭ
ǧȦǪǮ
ǧȦǪǮ
¹ūƥîŕ ǛŠîŠČĿîŕ îƙƙĚƥƙ
2.58
2.58
1.59
1.59
Financial liabilities
Borrowings
ǫǪȦǭǫ
ǫǪȦǭǫ
15.91
15.91
Security deposits
ǨǫȦǪǨ
ǨǫȦǪǨ
ǨǨȦǪǬ
ǨǨȦǪǬ
¹ūƥîŕ ǛŠîŠČĿîŕ ŕĿîċĿŕĿƥĿĚƙ
80.17
80.17
38.37
38.37
The carrying amounts of trade receivables, cash and cash equivalents, other bank balances, dividend receivables, other
receivables, trade payables, capital creditors, other liabilities are considered to be the same as their fair values due to the
current and short-term nature of such balances.
¹ĺĚ ljîĿƑ DŽîŕƭĚƙ ūlj ŠūŠȹČƭƑƑĚŠƥ ċūƑƑūDžĿŠijƙ îƑĚ ċîƙĚē ūŠ ēĿƙČūƭŠƥĚē Čîƙĺ ǜūDžƙ ƭƙĿŠij î ČƭƑƑĚŠƥ ċūƑƑūDžĿŠij ƑîƥĚȦ ¹ĺĚNj îƑĚ
ČŕîƙƙĿǛĚē îƙ ŕĚDŽĚŕ ǩ ljîĿƑ DŽîŕƭĚƙ ĿŠ ƥĺĚ ljîĿƑ DŽîŕƭĚ ĺĿĚƑîƑČĺNj ēƭĚ ƥū ƥĺĚ ƭƙĚ ūlj ƭŠūċƙĚƑDŽîċŕĚ ĿŠƎƭƥƙȡ ĿŠČŕƭēĿŠij ūDžŠ ČƑĚēĿƥ ƑĿƙŒȦ
GūƑ ǛŠîŠČĿîŕ îƙƙĚƥƙ îŠē ŕĿîċĿŕĿƥĿĚƙ ƥĺîƥ îƑĚ ŞĚîƙƭƑĚē îƥ ljîĿƑ DŽîŕƭĚȡ ƥĺĚ ČîƑƑNjĿŠij îŞūƭŠƥƙ îƑĚ ĚƐƭîŕ ƥū ƥĺĚ ljîĿƑ DŽîŕƭĚƙȦ
Note 29.8 Financial risk management
Risk management is an integral part of the business practices of the Group. The framework of risk management concentrates on
ljūƑŞîŕĿƙĿŠij î ƙNjƙƥĚŞ ƥū ēĚîŕ DžĿƥĺ ƥĺĚ Şūƙƥ ƑĚŕĚDŽîŠƥ ƑĿƙŒƙȡ ċƭĿŕēĿŠij ūŠ ĚNJĿƙƥĿŠij ŞîŠîijĚŞĚŠƥ ƎƑîČƥĿČĚƙȡ ŒŠūDžŕĚēijĚ îŠē ƙƥƑƭČƥƭƑĚƙȦ
ØĿƥĺ ƥĺĚ ĺĚŕƎ ūlj î ƑĚƎƭƥĚē ĿŠƥĚƑŠîƥĿūŠîŕ ČūŠƙƭŕƥîŠČNj ǛƑŞȡ ƥĺĚ HƑūƭƎ ĺîƙ ēĚDŽĚŕūƎĚē îŠē ĿŞƎŕĚŞĚŠƥĚē î ČūŞƎƑĚĺĚŠƙĿDŽĚ ƑĿƙŒ
ŞîŠîijĚŞĚŠƥ ƙNjƙƥĚŞ ƥū ĚŠƙƭƑĚ ƥĺîƥ ƑĿƙŒƙ ƥū ƥĺĚ ČūŠƥĿŠƭĚē ĚNJĿƙƥĚŠČĚ ūlj ƥĺĚ HƑūƭƎ îƙ î ijūĿŠij ČūŠČĚƑŠ îŠē ƥū Ŀƥƙ ijƑūDžƥĺ îƑĚ
ĿēĚŠƥĿǛĚē îŠē ƑĚŞĚēĿĚē ūŠ î ƥĿŞĚŕNj ċîƙĿƙȦ ØĺĿŕĚ ēĚǛŠĿŠij îŠē ēĚDŽĚŕūƎĿŠij ƥĺĚ ljūƑŞîŕĿƙĚē ƑĿƙŒ ŞîŠîijĚŞĚŠƥ ƙNjƙƥĚŞȡ ŕĚîēĿŠij
standards and practices have been considered. The risk management system is relevant to business reality, pragmatic and
simple and involves the following:
Ŀȴ
¤ĿƙŒ ĿēĚŠƥĿǛČîƥĿūŠ îŠē ēĚǛŠĿƥĿūŠȠ GūČƭƙĚē ūŠ ĿēĚŠƥĿljNjĿŠij ƑĚŕĚDŽîŠƥ ƑĿƙŒƙȡ ČƑĚîƥĿŠij ʈ ƭƎēîƥĿŠij ČŕĚîƑ ēĚǛŠĿƥĿūŠƙ ƥū ĚŠƙƭƑĚ
undisputed understanding along with details of the underlying root causes | contributing factors.
ĿĿȴ ¤ĿƙŒ ČŕîƙƙĿǛČîƥĿūŠȠ GūČƭƙĚē ūŠ ƭŠēĚƑƙƥîŠēĿŠij ƥĺĚ DŽîƑĿūƭƙ ĿŞƎîČƥƙ ūlj ƑĿƙŒƙ îŠē ƥĺĚ ŕĚDŽĚŕ ūlj ĿŠǜƭĚŠČĚ ūŠ Ŀƥƙ Ƒūūƥ ČîƭƙĚƙȦ ¹ĺĿƙ
involves identifying various processes generating the root causes and clear understanding of risk inter-relationships.
iii) Risk assessment and prioritisation: Focused on determining risk priority and risk ownership for critical risks. This involves
îƙƙĚƙƙŞĚŠƥ ūlj ƥĺĚ DŽîƑĿūƭƙ ĿŞƎîČƥƙ ƥîŒĿŠij ĿŠƥū ČūŠƙĿēĚƑîƥĿūŠ ƑĿƙŒ îƎƎĚƥĿƥĚ îŠē ĚNJĿƙƥĿŠij ŞĿƥĿijîƥĿūŠ ČūŠƥƑūŕƙȦ
ĿDŽȴ ¤ĿƙŒ ŞĿƥĿijîƥĿūŠȠ GūČƭƙĚē ūŠ îēēƑĚƙƙĿŠij ČƑĿƥĿČîŕ ƑĿƙŒƙ ƥū ƑĚƙƥƑĿČƥ ƥĺĚĿƑ ĿŞƎîČƥȳƙȴ ƥū îŠ îČČĚƎƥîċŕĚ ŕĚDŽĚŕ ȳDžĿƥĺĿŠ ƥĺĚ ēĚǛŠĚē ƑĿƙŒ
îƎƎĚƥĿƥĚȴȦ ¹ĺĿƙ ĿŠDŽūŕDŽĚƙ î ČŕĚîƑ ēĚǛŠĿƥĿūŠ ūlj îČƥĿūŠƙȡ ƑĚƙƎūŠƙĿċĿŕĿƥĿĚƙ îŠē ŞĿŕĚƙƥūŠĚƙȦ
v) Risk reporting and monitoring: Focused on providing to the Board and the Audit Committee periodic information on risk
ƎƑūǛŕĚ ĚDŽūŕƭƥĿūŠ îŠē ŞĿƥĿijîƥĿūŠ ƎŕîŠƙȦ
a) Management of liquidity risk
¹ĺĚ ƎƑĿŠČĿƎîŕ ƙūƭƑČĚƙ ūlj ŕĿƐƭĿēĿƥNj ūlj ƥĺĚ HƑūƭƎ îƑĚ Čîƙĺ îŠē Čîƙĺ ĚƐƭĿDŽîŕĚŠƥƙȡ ċūƑƑūDžĿŠijƙ îŠē ƥĺĚ Čîƙĺ ǜūDž ƥĺîƥ Ŀƙ
generated from operations. The Group believes that current cash and cash equivalents, tied up borrowing lines and cash
ǜūDž ƥĺîƥ Ŀƙ ijĚŠĚƑîƥĚē ljƑūŞ ūƎĚƑîƥĿūŠƙ Ŀƙ ƙƭljǛČĿĚŠƥ ƥū ŞĚĚƥ ƑĚƐƭĿƑĚŞĚŠƥƙȦ ČČūƑēĿŠijŕNjȡ ŕĿƐƭĿēĿƥNj ƑĿƙŒ Ŀƙ ƎĚƑČĚĿDŽĚē ƥū ċĚ ŕūDžȦ
¹ĺĚ ljūŕŕūDžĿŠij ƥîċŕĚ ƙĺūDžƙ ƥĺĚ ŞîƥƭƑĿƥNj îŠîŕNjƙĿƙ ūlj ǛŠîŠČĿîŕ ŕĿîċĿŕĿƥĿĚƙ ūlj ƥĺĚ HƑūƭƎ ċîƙĚē ūŠ ČūŠƥƑîČƥƭîŕŕNj îijƑĚĚē
ƭŠēĿƙČūƭŠƥĚē Čîƙĺ ǜūDžƙ îƙ îƥ ƥĺĚ ūŠƙūŕĿēîƥĚē îŕîŠČĚ ¬ĺĚĚƥ ēîƥĚȠ
Consolidated
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Notes to the Financial Statements
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