Page 162 - Kolte Patil AR 2019-20

Notes forming part of the standalone financial statements
Particulars Fair value through P&L
Total 17,425 Liabilities:
Trade and other payables
Other borrowings
Other financial liabilities
Total -
Fair value through OCI
-
- - - -
Amortised cost 51,675
17,082 38,052 11,221 66,355
Total carrying value
69,100
17,082 38,052 11,221 66,355
Total Fair Value*
69,100
17,082 38,052 11,221 66,355
Particulars
Assets:
Fair value through P&L
Fair value through OCI
- - - - - - -
Amortised cost
685
799 10,270 9,776 5,764 13,084 40,378
16,505 45,759 3,018 65,282
Total carrying value
685
799 10,270 32,004 5,764 13,084 62,606
16,505 45,759 3,018 65,282
Cash and cash equivalents
Other balances with banks
Trade receivables
Investments 22,228 Loans - Other financial assets - Total 22,228 Liabilities:
Trade and other payables
Other borrowings
Other financial liabilities
Total -
- - -
- - -
*The fair value of cash and cash equivalents, other balances with banks, trade
borrowings and financial liabilities approximate their carrying amount largely due to the short term nature of these instruments.
receivables, Investment, other financial assets, trade payables, The carrying value of financial instruments by categories as of March 31, 2019 is as follows:
(H in Lakhs) Total Fair
Value*
685
799 10,270 32,004 5,764 13,084 62,606
16,505 45,759 3,018 65,282
In the course of its business, the Company is exposed primarily to fluctuations in interest rates, equity prices, liquidity and credit risk, which may adversely impact the fair value of its financial instruments. The Company assesses the unpredictability of the financial environment and seeks to mitigate potential adverse effects on the financial performance of the Company.
III) Market Risk
Market risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market prices. Market risk comprises three types of risk: currency risk, interest rate risk and other price risk such as equity price risk and commodity price risk. The objective of market risk management is to manage and control market risk exposures within acceptable parameters, while optimising the return.
Future specific market movements cannot be normally predicted with reasonable accuracy.
Currency risk: The Company does not have material foreign currency transactions. The company is not exposed to risk of change in foreign currency.
- - - - - -
-
* The fair value of cash and cash equivalents, other balances with banks, trade receivables, Investment, other financial assets, trade payables,
borrowings and financial liabilities approximate their carrying amount largely due to the short term nature of these instruments.
II) Financial risk management objectives
160 | Kolte-Patil Developers Limited