Page 141 - FBL AR 2019-20

CORPORATE STATUTORY FINANCIAL
OVERVIEW STATEMENTS STATEMENTS

Notes to the Standalone financial statements for the year ended March 31, 2020

19 Other financial assets (Current)
( H in Lakhs )
March 31, 2020 March 31, 2019
Interest accrued but not due
On fixed deposits from banks 20.17 99.48
On fixed deposits with a financial institution 11.54 5.53
On Inter corporate deposits (Refer note 62) 198.88 43.05
Deposits with a financial institution* 400.00 100.00
Expenses recoverable from a related party 655.50 -
Others
Unsecured, considered good 8.03 11.44
Unsecured, considered doubtful 1.18 1.18
Less: Allowance for doubtful advances (1.18) (1.18)
8.03 11.44
Total 1,294.12 259.50
*Deposits kept under lien with Bajaj finance limited amounting to H400 Lakhs (as at March 31, 2019: H Nil Lakhs)
20 Other current assets
( H in Lakhs )
March 31, 2020 March 31, 2019
Advance for supply of goods and services
Considered good 415.97 368.25
Considered doubtful 36.36 4.41
Less: Allowance for doubtful advances (36.36) (4.41)
415.97 368.25
Deferred rent 3.42 17.13
Prepaid expenses 179.79 194.21
Unamortised lease premium - 18.16
Travel advances to employees 28.71 6.02
Export incentive receivables
Considered good 488.26 1,500.43
Considered doubtful 3.24 3.24
Less: Allowance for doubtful export incentive receivables (3.24) (3.24)
488.26 1,500.43
Balances with government authorities 1,369.64 1,462.80
Others - 4.73
Total 2,485.79 3,571.73
Movement in the Allowance for doubtful advances and export incentive receivables.
Balance at the beginning of the year 7.65 30.94
Addition during the year 31.96 3.24
Written off during the year - (26.53)
Reversal during the year (0.01) -
Balance at the end of the year 39.60 7.65
21 Equity share capital
(H inLakhs)
March 31, 2020 March 31, 2019
Authorised
498,40,000 Equity shares of H5/- each (as at March 31, 2019 -98,40,000 Equity shares of H5/- each) 2,492.00 492.00
1,60,000 Unclassified shares of H5/- each (as at March 31, 2019 -1,60,000 Unclassified shares of 8.00 8.00
H5/- each)
2,500.00 500.00
Issued, subscribed and fully paid-up
29,430,987 Equity shares of H5/- each (as at March 31, 2019 - 91,72,792 Equity shares of H5/- each) 1,471.55 458.64
Less: 5,83,665 Equity shares held by FBL ESOP Trust (as at March 31, 2019 Nil) [Refer note (e) (29.18) -
below]
1,442.37 458.64

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