 

Zo Fashion (India) Limited {formerly known as
[Notes tothe restate financial infomation
(amount in & Millions, except fr sare

 

0 Fashion (India) Private Limited)

 

i ras otherwise stated)

440° Financial instruments
(2) Capital Management
The Company's policy is to maintain a strong capital base so as to maintain investor, creditor and market confidence and to sustain future development ofthe business. The Company monitor he return on capital as well as

 

the evel of dividends on is equity shares. The Company's objective when managing capitals to maintain an optimal structure so as to maximize sharcholde

 

 

 

 

 

     

   

 

 

Pariiculars aoa

EET MEE EAE ETFO
Tova equity aivTDuabTe To the equly Sharcholdas oF The Company 2639.00 Ti] 282936] GSO] 22834
‘Asa percentage of toa capital 00% ov 96% 9 97%
‘Current borowings 003 M6 04.39 27.90 s281
‘Asa percentage of oa capital 0% re % fo 3%
Total Capital FXSSAES MENTE LEER aor | Tasos

 

 

 

 

 

 

The Company predominantly Hnancod trough equity, which fe vila Wom the capil snicre able, There no Change ia the overall capa risk management strategy of the Company sompared to last year

(©) Categories of inane
‘The carrying value ofthe financial instruments by categories
Particulars ‘Carrying Value as atthe | Fair Valu as atthe period | Carrying value av at the year ended Tair value av at the year ended
period ended ended

TOiFun/2021] 30/sun7Z0z0] SO uni2020] S0GuniZ0zo] StiMariaORT] Si/Mar/20z0] SiiMariZ0v9| —S1/Mari2020] 3i/Mari20z0] S1/MariaO19

 

 

 

 

Financial arses
“Measured at far value though profit and loss
Investments in mutual funds 7196 as 171.96 - 464.09 $8.55 2447 464.09 a5 2447
Measured at amortised cost
Investment in subsidiary : « . - = - - - -

 

     

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Othe financial assets 31073 284.74 31073 254.74 sor 258.50, 196.98 so771 258.50 196.94
Trade receivables 386.70 536.09 sxo.70| 53669 47139 556.37 400.77 47139 556.37 400.77
(Cash and eash equivalents su 3197 83.11 3197 32.03 098, 106.13 32.03 0.98 106.13
Hank balance other than cash and cash equivalents 152.11 252.95 is2.1 252.95, 264.83, 32404 33042 26443, 32424 33042

joni | —1o7eas | near | nore | Leas Taen7s | Lewes | 1atwee | 1087s

“Measured at amortsed cost
Borowings 003 Mas 03 16 104.39 2790 e281 104.39 2790 sar
Lease liabilities zasrse| 2ainsa| 2as7ax | 2atrss| 221908] 206798] 1485.70 21904] 200794] 1485.70
“rade payables 117.76 WoL 8s 117.76 oss 73s 104.64 B84 107.33 04.64 Bs.4
Othe financial lables 2553 2857 2553 2857 3407 29.14 1s.78 MoT 29.14 15.78

Tota 2asi20] 238682 | 243120] 238602] aasaas| 23002 | tones | daeas| 2a | ens

 

The ir value oF the Taancial ase and Tables 6 Tacluded atthe amount at which Whe instrument Goud be exchanged in a CUTENT Wansaction belween Wing parc, Olber than iB Toveed or guid sale. The
following methods and assumptions were used to estimate the fir values

(© The Company has disclosed financial instruments such as comprise of borrowings, trade payable, and athe curent liabilities, loans, wade receivable, cash and cash equivalents and bank balances other than eash and cash
suivants at carrying value because ther carving values ae a reasonable aproximation ofthe fir valacs det ther shor tem nature,

 

(Financial instruments with fixed and variable intrest rates are evaluated by the Company based on parameters suchas interest rates and individual creditworthiness ofthe counterparty

 

(©) Financial risk management
The Company's principal financial liabilities, comprise of borrowings, ade payable and other financial abilities
The main purpose of these financial labltis isto finance the Companys operations. The Companys principal financial assets include investments, loans, trade receivables cash and cash equivalents and bank balances
‘other than cash and cash equivalent that are derived drctly from its operations.

 

The Company's financial risk management is an integral part of how to plan and execute its business strategies. The Company is exposed to market risk, credit isk and liquidity risk

 

 

The Company's senior management overses the management ofthese risks. The senior professionals working to manage the financial risks and the approprite financial risk governance framework forthe Company are

accountable othe Board of Directors
This process provides assurance to Company's senior management thatthe Company's financial risk-taking activities are governed by appropiate policies and procedures and that nancial risks are identified, measured and
‘managed in accordance wth Company policies and Company's rsk objective

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