182 / 236
180
(
`
in crores)
Non Current
Current
31 March 2017
31 March 2016 1 April 2015
31 March 2017
31 March 2016 1 April 2015
Capital advances
Unsecured, considered
good
2.68
3.35
11.35
-
-
Other loans and advances
(Unsecured, considered
good)
Advance to suppliers
-
-
18.47
12.76
10.25
Prepaid expenses
-
-
4.65
4.75
1.92
Export benefit receivables
-
-
0.16
0.12
0.71
Income tax advances
7.32
4.04
3.53
-
-
-
Balance with statutory
authorities
CENVAT Credit Receivable
0.69
-
-
22.11
32.17
22.84
VAT Credit receivable-
OCA
1.40
-
-
5.50
13.46
6.25
Service tax credit
receivable-OCA
-
-
5.45
5.51
3.18
9.41
4.04
3.53
56.34
68.77
45.15
Total
12.09
7.39
14.88
56.34
68.77
45.15
7. Other non-financial assets
(
`
in crores)
31 March 2017
31 March 2016 1 April 2015
Raw Materials
60.21
58.41
51.34
Work-in-progress
24.57
28.25
10.99
Finished Goods
215.96
216.92
182.70
Stock in trade
23.49
31.49
17.51
Stores and spares
47.79
49.10
40.78
Total
372.02
384.17
303.32
Note:
For mode of valuation refer Accounting policy number 2.3 (h)
8. Inventories
(
`
in crores)
31 March 2017
31 March 2016 1 April 2015
Unsecured, considered good
336.68
272.70
213.37
Unsecured, considered doubtful
3.53
2.36
2.22
Less: Provision for doubtful receivables
(1.29)
(0.95)
(0.39)
Total
338.92
274.11
215.20
Note:
No trade or other receivable are due from directors or other officers of the company either severally or jointly with any other person.
Nor any trade or other receivable are due from firms or private companies in which any director is a partner, director or a member.
Trade receivables are non interest bearing and are generally on credit terms of 30 days.
9. Trade receivables (unsecured)
Notes on the consolidated financial statements
for the year ended 31 March 2017