PRIVI SPECIALITY CHEMICALS LIMITED Annual Report 2020-21

162 PRIVI SPECIALITY CHEMICALS LIMITED (Formerly known as Fairchem Speciality Limited) Particulars As at March 31, 2021 As at March 31, 2020 (Restated) 10 Trade receivables Considered good- Secured Dues from Related party (Refer Note 31) 845.17 115.86 Dues from others (Other than related party) 23,058.68 22,774.20 Credit impaired (Other than related party) 26.44 26.44 Less: Allowance for expected credit loss and credit impairment (26.44) (26.44) 23,903.85 22,890.06 Refer Note 34 for information about credit risk and market risk of trade receivables) The movement in Allowance for expected credit loss and credit impairment of receivable is as follows: Balance as at beginning of the year 26.44 10.86 Charge/(release) during the year (Refer Note 29) – 15.58 Balance as at the end of the year 26.44 26.44 11 Cash and cash equivalents Balances with banks:- In current accounts 1,179.55 4,700.77 In Earner exchange foreign currency account 341.79 747.61 Term deposits (with original maturity of less than three months, Refer Note 12) 7.49 3,006.00 Cash on hand 16.49 17.43 1,545.32 8,471.81 12 Bank balances other than cash and cash equivalents Margin money deposits (with original maturity of more than three months but less than twelve months) 428.63 359.76 428.63 359.76 Note : Margin money deposit amounting to Rs. 62.39 lakhs (March 31, 2020: Rs. 225.88 lakhs) are pledged with banks for non cash limits and term deposit Rs. 290.49 lakhs (March 31, 2020: Rs. 183.33 lakhs) are pledged as cash security with banks for the loans taken by the Group and Rs. 142.91 lakhs (March 31, 2020 Rs. 3091.69 lakhs) other deposits with no lien. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS for the year ended March 31, 2021 (Currency: Indian Rupees in lakhs)