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111
Notes
to Consolidated financial statements
(
`
cr)
NOTE 6 LONG-TERM PROVISIONS
As at
March 31, 2013
As at
March 31, 2012
Provision for leave entitlement
5.07
3.51
Gratuity
0.06
0.03
5.13
3.54
(
`
cr)
NOTE 7 SHORT-TERM BORROWINGS
As at
March 31, 2013
As at
March 31, 2012
(a) Secured
Working capital loans repayable on demand from banks
152.21
146.83
(b) Unsecured
Loans from banks
-
25.07
(c) Buyers’ credit arrangement
9.36
22.71
161.57
194.61
(
`
cr)
NOTE 8 TRADE PAYABLES
As at
March 31, 2013
As at
March 31, 2012
Trade payables including acceptances
291.61
268.83
291.61
268.83
(
`
cr)
NOTE 9 OTHER CURRENT LIABILITIES
As at
March 31, 2013
As at
March 31, 2012
(a) Current maturities of long-term borrowings
(see Note 4)
44.09
46.62
(b) Interest accrued but not due on borrowings
1.50
1.80
(c) Interest accrued on cumulative public deposits
-
0.97
(d) Unclaimed dividends
0.97
0.91
(e) Unclaimed matured deposits and interest thereon
0.12
0.19
(f) Security deposits
14.38
12.89
(g) Advances received from customers
3.99
6.00
(h) (PSOR\HH EHQHÀW SD\DEOH
11.27
9.43
(i) Creditors for capital goods
5.95
10.34
(j) Commission and discount payable
10.39
8.01
(k) Statutory dues
9.36
6.21
(l) Others
5.53
4.10
107.55
107.47
(
`
cr)
NOTE 10 SHORT-TERM PROVISIONS
As at
March 31, 2013
As at
March 31, 2012
(a) Provisions:
Leave entitlement
15.06
14.84
2WKHU HPSOR\HH EHQHÀWV
9.96
17.66
25.02
32.50
(b) Others:
Provision for Mark-to-Market losses on derivatives
-
0.10
Proposed dividend (see Note 3 (g))
17.80
13.35
Dividend distribution tax on proposed dividend
3.02
2.17
Other provisions
0.36
3.67
21.18
19.29
46.20
51.79