Annexure VII: Notes to restated consolidated financial information
(All amounts are in INR Millions unless otherwise stated)
For the year ended 31 March 2018

 

 

 

 

 

 

 

 

 

 

Instrument to Non- Current
paraciaars Cash and cash | hedge the Current | Borrowing inet | 56 tiabitity ria
equivalents finance Borrowing current
Jiability** maturity*

Opening Net (debt)/ Cash & Cash Equivalents 240.31 (69.83)|  (2,235.41)| (5,578.03) (7,642.97)
Acquisition of RoU asset (745.06) (745.06)
Pre-dosure of leases - - - -
Cash Flows 116.47 - (476.28) (176.47) 86.33 (449.95)
Fair Value changes - 7.53 - - 7.53
Foreign exchange adjustments 3.65 - (9.22) (34.73) (40.30)
Interest expense & other charges - - (532.40) (538.40) (71.08)| (1,141.88)
Interest & charges paid - - 529.03 540.96 71.08 1,141.07
Closing Net (debt)/ Cash & Cash Equivalents 360.43 (62.30)| __(2,724.28)| (5,786.67) (658.73)|__(8,871.55)|

 

*Includes the portion of "interest accrued but not due" pertaining to borrowings.
“* does not include foreign currency forward contracts that are used for hedging liabilities that are operating cash flows

21 Other Financial Liabilities (Non-current)
AsatDecember AsatMarch31  AsatMarch31 As at March 31

Particulars 312020 2020 2019 2018
Currency swap & Interest Rate Swaps Derivative 113.48 103.70 32.36 6.24
Rent Advance 0.20 0.20 0.20 0.20
Lease Liability 874.00 979.72 879.97 550.58
Total 987.68 1,083.62 912.53 557.02
Notes:

1. Currency swaps are for principal only and are cash flow hedge and hence are carried at fair value through OCI
2. Interest Rate Swap & Interest Rate Collar derivatives that are hedge effective are carried at fair value

3. Rent advance is carried at amortized costs it is not material to be fair valued

4, Lease Liability - Please refer Note No B.8 & 46

22 Provisions (Non-current)
As at December As at March 31 As at March 31 As at March 31

Particulars 312020 2020 2019 2018

Provision for Warranty Cost 2.09 6.82 - -
2.09 6.82 : :

Note: Movement in Provision for product warranties is as follows :

Opening 6.82 = 2 1.99

‘Transferred to Short Term (5.16) - - (1.99)

Warranty provided for current year 0.43 6.82 = 2

Closing 2.09 6.82 : :

This provision is recognised once the products are sold. The estimated provision takes into account historical information, frequency and average
cost of warranty claims and the estimate regarding possible future incidence of claims. The provision for warranty claims represents the present
value of management's best estimate of the future economic benefits. The outstanding provision for product warranties as at the reporting date is
for the balance unexpired period of the respective warranties on the various products which ranges from 2 to S years

 

23 Deferred tax liabilities (Net)
As at December As at March 31 As at March 31 As at March 31

 

 

Raretcalars 31.2020 2020 2019 2018
Deferred Tax Liabilities 1,616.36 1,661.84 1,537.70 1,452.37
Deferred Tax Assets (318.68) (305.15) (182.24) (397.06)
Deferred Tax Liabilities (net) 1,297.68 1,356.69 1,355.46 1,055.31
MAT Credit Entitlement- Unused tax credit (832.62) (985.84) (1,000.20) (735.58)

465.06 370.85 355.26 319.73
Total

Note : Refer Note No 40 for detailed deferred tax working and effective tax rate reconciliation

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