Go Fashion (India) Limited {formerly known as Go Fashion (India) Private Limited}
Notes to the restated consoli
(Amount in 2 Millions, except for share data or as otherwise stated)

 

lated financial information

 

Note Particulars
No.

 

 

 

 

As at
31/Mar/2019
20 _Trade payables
Trade Payables
Total outstanding dues of micro enterprises and small enterpri 0.13
Total outstanding dues of creditors other than micro and small enterprises 138.01
Total 138.14

 

 

   

The average credit period on domestic purchases ranges between 30 - 45 days. The Company hi

management policies in place to ensure that all the payable are paid within the pre-agreed credit terms

   

 

 

 

 

 

pilussas ‘As at March 31, 2019, from due date of payment
Less than lyear_| 1-2 years | 2-3 years | More than 3 years_[ Total
MSME 0.13 ~ = : 013
Others 132.07 5.93 : 0.00] 138.01
Grand Total 132.20 5.93 0.00 [138.14

 

 

 

 

 

financial risk

* Disclosures required under Section 22 of the Micro, Small and Medium Enterprises Development Act, 2006

 

Principal amount remaining unpaid to any supplier as at the end of the accounting year

Interest due thereon remaining unpaid to any supplier as at the end of the accounting year

The amount of interest paid along with the amounts of the payment made to the supplier beyond the
appointed day

The amount of interest due and payable for the year

ccrued and remaining unpaid at the end of the accounting year

The amount of further interest due and payable even in the succeeding year, until such date when the
interest dues as above are actually paid

‘The amount of interest a

   

 

0.13

 

The above information regarding dues to Micro Enterprises and Small Enterprises has been determined to

the extent such

parties have been identified on the basis of the information available with the Company. This has been relied upon by the

auditors,

21 _ Other financial liabilities

 

Other current financial liabilities at amortised cost

 

 

 

 

 

 

 

 

 

 

 

 

Security deposits 637
Capital creditors 6.94
Retention money payable 2.47

Total 15.78

22 _Other current liabilities
Statutory dues payable 15.62,
Employee benefits payable 7.67
Other payables 25.55

Total 48.84

23 _Provisions

Current
Provision for employee benefits
Gratuity (Refer Note 37) «
Other customer provisions for
Discount on stock lying with LFS partner 9.46
Total 9.46
Movement in other customer provision
Provision for discount
Opening balance =
Add: Made during the year 9.46
Less: Utilised during the year 2
Closing balance 9.46

 

 

285
