Page 224 - Kolte Patil AR 2019-20

Notes forming part of the Consolidated Financial Statements

b) The carrying value of financial instruments by categories as of March 31, 2020 is as follows:

Fair value Fair value Amortised cost Total carrying Total fair value*
Particulars
through P&L through OCI value
Assets:
Cash and cash equivalents - - 8,032 8,032 8,032
Other balances with banks - - 1,696 1,696 1,696
Trade receivables - - 6,170 6,170 6,170
Investments 61 - - 61 61
Other financial assets - - 3,547 3,547 3,547
Total 61 - 19,445 19,506 19,506
Liabilities:
Trade and other payables - - 30,066 30,066 30,066
Borrowings-debentures issued 10,258 - - 10,258 10,258
Borrowings - Optionally Convertible 586 - 54,543 55,129 55,129
Redeemable Preference Shares
Other financial liabilities - - 11,877 11,877 11,877
Total 10,844 - 96,486 107,330 107,330

* The fair value of cash and cash equivalents, other balances with banks, trade receivables, trade payables, borrowings and certain other
financial assets and liabilities approximate their carrying amount largely due to the short term nature of these instruments.

The carrying value of financial instruments by categories as of March 31, 2019 is as follows:

Fair value Fair value Amortised Total carrying Total fair
Particulars
through P&L through OCI cost value value*
Assets:
Cash and cash equivalents - - 4,168 4,168 4,168
Other balances with banks - - 2,214 2,214 2,214
Trade receivables - - 10,788 10,788 10,788
Investments 272 - - 272 272
Other financial assets - - 3,588 3,588 3,588
Total 272 - 20,758 21,030 21,030
Liabilities:
Trade and other payables - - 26,557 26,557 26,557
Borrowings-debentures issued 21,784 - - 21,784 21,784
Borrowings - Optionally Convertible Redeemable 586 - 58,331 58,917 58,917
Preference Shares
Other financial liabilities - - 4,293 4,293 4,293
Total 22,370 - 89,181 111,551 111,551

* The fair value of cash and cash equivalents, other balances with banks, trade receivables, trade payables, borrowings and certain other
financial assets and liabilities approximate their carrying amount largely due to the short term nature of these instruments.

222 | Kolte-Patil Developers Limited