Page 247 - Arvind 2024

Corporate Overview Statutory Reports Financial Statements
Notes to Consolidated Financial Statements for the year ended 31st March, 2024 (Amount in Rs. Lac, unless stated otherwise)
(iv) No trade or other receivables are due from directors or other officers of the Group, either severally or jointly with any other person. Nor any trade or other receivables are due from firms or private companies respectively in which any director is a partner, director or a member.
(v) Trade receivables are non interest bearing and are generally on credit terms of upto 30-60 days
* Following is the table summarized change in impairment allowance using lifetime expected credit loss model:
At the beginning of the year 3.74 Provision during the year - Utilised/Reversed during the year - At the end of the year 3.74
March 31, 2024
March 31, 2023
3.74
3.74
-
-
7 Cash and cash equivalents
Balances with banks:
- In current accounts
Cash in hand
Fixed deposits having maturity of less than 3 months
8 Other bank balances
Balances with banks
- Earmarked balances for unclaimed dividend
9 Other financial assets
(Unsecured, considered good)
3,913.68 11.81 2,430.89 6,360.78
4.40
4.40
Particulars
March 31, 2024
March 31, 2023
3,164.46
6.91
3,131.33
6,302.70
Particulars
March 31, 2024
March 31, 2023
11.48
11.48
Particulars
Non current portion
Current portion
March 31, 2024
March 31, 2023
March 31, 2024
March 31, 2023
588.26
316.99
20.00
3,269.46
-
3,369.46
-
-
14.73
9,266.66
-
10,316.14
213.92
140.22
-
14,387.78
-
3.53
3,830.20
0.21
9,301.60
Security deposits - Interest accrued - others 5.12 Loan given to partners (repayable on demand) - Advance for land, recoverable in cash 13,651.84 Bank deposits * - Others 64.41
13,721.37
*Non-current bank deposits consists of deposits which are lien as a stipulation of sanction for various loans.
10 Inventories (At lower of cost and net realisable value)
Construction work-in-progress
Unsold developed plots of land and units Construction materials
93,629.31 1,473.90 599.97 95,703.18
Particulars
March 31, 2024
March 31, 2023
1,32,524.55
2,582.96
1,088.40
1,36,195.91
Annual Report 2023-24 | 245