Page 210 - Kolte Patil AR 2019-20

Notes forming part of the Consolidated Financial Statements

NOTE 20 - OTHER FINANCIAL LIABILITIES : NON-CURRENT
(H in Lakhs)
As at As at
Particulars
March 31, 2020 March 31, 2019
Carried at amortised Cost
(a) Maintenance deposits 1,832 1,870
Total 1,832 1,870

NOTE 21 - PROVISIONS : NON CURRENT
(H in Lakhs)
As at As at
Particulars March 31, 2020 March 31, 2019
Provision for employee benefits (Refer note 38)
(a) Gratuity 40 62
(b) Compensated Absences 461 315
Total 501 377

NOTE 22 - BORROWINGS : CURRENT
(H in Lakhs)
As at As at
Particulars March 31, 2020 March 31, 2019
(a) Secured Borrowings - at amortised cost:
From Banks 9,324 7,350
(b) Unsecured Borrowings - at amortised cost:
From related parties (Refer note 44) 28 28
Total 9,352 7,378

1) Bank loans are secured by way of : Cash credit facility is secured by mortgage on all rights, interest & title of certain residential projects
and Corporate Guarantee given by Kolte-Patil Developers Limited.

2) Loans from related parties are unsecured and are repayable on demand. The value of interest is 14% per annum.

NOTE 23 - TRADE PAYABLES : CURRENT
(H in Lakhs)
As at As at
Particulars March 31, 2020 March 31, 2019
Carried at amortised Cost
Total outstanding dues to micro enterprises and small enterprises (Refer note 49) 1 2
Total outstanding dues other than to micro enterprises and small enterprises 28,246 25,350
Total 28,247 25,352

208 | Kolte-Patil Developers Limited