Go Fashion (India) Limited {formerly known as Go Fas
Notes to the res
(Amount in Millions, except for share data or

Note
No.
40

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mn (India) Private Limited}

 

formation
s otherwise stated)

ted consolidated financial

  

 

Financial instruments

Maturity profile of financial liabilities

 

 

 

 

 

The table below provides the details regarding the remaining contractual maturities of financial liabilities at the reporting date
Particulars Carrying less than | More than
value lyear lyear
31/Mar/2019
Borrowings 82.81 82.81 -
Lease liabilities 1,455.70 15.43 1,440.27
‘Trade payables 138.14 138.14 -
Other financial liabilities 15.78 15.78 =
Total 1,692.43 252.16 1,440.27

 

 

 

 

Fair value hierarchy

‘The Company uses the following hierarchy for determining and disclosing the fair value of finane
Level 1: Quoted (unadjusted) prices in active markets for identical assets or liabilities,

Level 2: Other techniques for which all inputs that have a significant effect on the recorded fair value are observable, either directly or indirectly

  

| instruments by valuation technique:

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

Level 3: Techniques that use inputs that have a significant effect on the recorded fair value that are not based on observable market data.
Disclosures of fair value measurement hierarchy for financial instruments are given below

Particulars As at

31/Mar/2019

Level I
Financial Assets, measured at fair value through Profit and loss

Investment in mutual funds 234.47
Level 2
Financial Assets, measured at Amortised Cost
Other Financial Asset 196.94
Trade receivables 400.77
Cash and cash equivalents 106.13
Bank balance other than cash and cash equivalents 330.42
Total 1,034.26
Financial Liabilities, measured at Amortised Cost
Borrowings 82.81
Trade payables 138.14
Lease Liabilities 1,455.70
Other financial liabilities 15.78
Total 1,692.43

 

 

‘As at 31.03.2019 , the level 3 fair value measurements are Nil.

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