PRIVI SPECIALITY CHEMICALS LIMITED Annual Report 2020-21

89 Annual Report 2020-21 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS STANDALONE STATEMENT OF CASH FLOWS for the year ended March 31, 2021 (continued) (Currency: Indian Rupees in lakhs) Note A : The above Statement of Cash Flows has been prepared under the ‘Indirect Method’ as set out in Ind AS 7, ‘Statement of Cash Flows’. Note B : Purchase of Property, Plant and Equipment includes movements capital work-in-progress (including capital advances) during the year. Note C : Reconciliation of net debts Particulars Lease Liabilities Non Current Borrowings Current Borrowings Balance as on April 01, 2020 (Restated) 898.46 24,701.41 23,654.21 Loan/ lease taken during the current year 58.29 14,111.74 Repayment during the current year – (2,089.80) (9,300.78) Foreign exchange gain or loss – (116.39) (125.27) Impact of effective interest rate – 14.71 – Interest on lease liabilities 84.89 – – Payment against lease liabilities (302.08) – – Closing balance as on March 31, 2021 739.56 36,621.67 14,228.16 Particulars Lease Liabilities Non Current Borrowings Current Borrowings Balance as on April 01, 2019 (Restated) – 19,250.42 21,923.70 Loan/ lease taken during the current year 1054.39 7,632.53 6,588.71 Repayment during the current year – (1,998.00) (5,107.70) Foreign exchange gain or loss – (193.64) 249.50 Impact of effective interest rate – 10.10 – Interest on lease liabilities 97.52 – – Payment against lease liabilities (253.45) – – Closing balance as on March 31, 2020 (Restated) 898.46 24,701.41 23,654.21 Significant accounting policies 2 The accompanying notes form an integral part of the standalone financial statements 3 to 43 The notes referred to above form an integral part of the standalone financial statements. As per our report of even date attached For B S R & Co. LLP For and on behalf of the Board of Directors Chartered Accountants Firm’s Registration No: 101248W/W-100022 Mahesh Babani D. B. Rao Chairman & Managing Director Executive Director Jayesh T Thakkar DIN: 00051162 DIN: 00356218 Partner Narayan S Iyer Ramesh Kathuria Membership No: 113959 Chief Financial Officer Company Secretary Membership No: 105320 Membership No: A-11214 Mumbai Mumbai Date : May 14, 2021 Date : May 14, 2021