PRIVI SPECIALITY CHEMICALS LIMITED Annual Report 2020-21

123 Annual Report 2020-21 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS 32 Financial instruments a. Accounting classification and fair values The Company is exposed to the risks of changes in fair value of its financial assets and liabilities. The following table summarises the fair values and carrying amounts of financial instruments. As on March 31, 2021 Carrying value Fair value measurement using Note Amortised cost Financial assets/ liabilities at FVTPL Financial assets/ liabilities at FVOCI Total carrying amount Level 1 Level 2 Level 3 Financial assets: Investment in equity instruments (unquoted) 5 4,302.31 – – 4,302.31 – – – Trade receivables 10 23,629.05 – – 23,629.05 – – – Cash and cash equivalents 11 1,136.42 – – 1,136.42 – – – Bank balances other than cash and cash equivalents 12 395.74 – – 395.74 – – – Loans 6 957.57 – – 957.57 – – – Other financial assets 7 92.95 – – 92.95 – – – Financial liabilities: Non Current borrowings 14 a) 33,181.82 – – 33,181.82 – – 33,181.82 Current borrowings 15 14,228.16 – – 14,228.16 – – – Trade payables 18 18,042.62 – – 18,042.62 – – – Derivatives 19 – 637.03 – 637.03 – 637.03 Lease liabilities 14 b 739.56 – – 739.56 – – 739.56 Other financial liabilities (other than lease liabilities) 19 9,857.12 – – 9,857.12 – – As on March 31, 2020 (Restated) Carrying value Fair value measurement using Note Amortised cost Financial assets/ liabilities at FVTPL Financial assets/ liabilities at FVOCI Total carrying amount Level 1 Level 2 Level 3 Financial assets: Investment in equity instruments (unquoted) 5 4,302.31 – – 4,302.31 – – – Trade receivables 10 21,696.60 – – 21,696.60 – – – Cash and cash equivalents 11 8,208.19 – – 8,208.19 – – – Bank balances other than cash and cash equivalents 12 327.24 – – 327.24 – – – Loans 6 822.86 – – 822.86 – – – Other financial assets 7 135.14 – – 135.14 – – – – Financial liabilities: – Non Current borrowings 14 a) 22,562.76 – – 22,562.76 – – 22,562.76 Current borrowings 15 23,654.21 – – 23,654.21 – – – Trade payables 18 15,729.63 – – 15,729.63 – – – Derivatives 19 – 1,615.18 – 1,615.18 – 1,615.18 Lease liabilities 14 b 898.46 – – 898.46 – – 898.46 Other financial liabilities (other than lease liabilities) 19 7,854.58 – – 7,854.58 – NOTES TO THE STANDALONE FINANCIAL STATEMENTS for the year ended March 31, 2021 (Currency: Indian Rupees in lakhs)