PRIVI SPECIALITY CHEMICALS LIMITED Annual Report 2020-21

161 Annual Report 2020-21 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS 7 Other non-current assets (continued) Particulars Nature of Transaction As at March 31, 2021 As at March 31, 2020 (Restated) Minar Organics Pvt. Ltd. Capital Advances 225.00 – Vivira Chemicals Pvt. Ltd. Capital Advances 175.00 – Total 400.00 – 8 Inventories (valued at lower of cost and net realisable value) Particulars As at March 31, 2021 As at March 31, 2020 (Restated) Raw materials including goods in transit Rs. 5,559.88 lakhs (March 31, 2020: Rs. 7,294.74 lakhs) 9,591.30 11,921.62 Finished goods including goods in transit Rs. 6,392.50 lakhs (March 31, 2020: Rs. 4,042.70 lakhs) 14,364.54 12,651.00 Work-in-progress 9,306.99 7,639.14 Stores and spares 576.49 411.57 Packing material 86.91 61.28 Fuel 326.57 186.80 34,252.80 32,871.41 (i) T he cost of inventories recognised as an expense during the year was Rs. 75,109.30 lakhs (March 31, 2020: Rs. 80,313.04 lakhs). (ii) The mode of valuation of inventories has been stated in note 2 xiii (iii) B ank overdrafts, cash credit and short-term loan from bank facility are secured by first paripassu charge on inventories (including raw material, finished goods and work-in-progress) and book debts (refer note 10 and 15). 9 Current investments Investments mandatorily measured at Fair value through Profit and Loss: Trade (unquoted) Investments in mutual funds (Previous year Invesco India Overnight Fund - Regular Plan Growth) (10,407 units and 0.026 fractions of face value of Rs. 1,000) – 105.11 – 105.11 Aggregate amount of unquoted investments – 105.11 Investments mandatorily measured at Fair value through Profit and Loss – 105.11 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS for the year ended March 31, 2021 (Currency: Indian Rupees in lakhs)