Atul Ltd 2012-13

115 Notes to Consolidated financial statements ( ` cr) NOTE 13 LONG-TERM LOANS AND ADVANCES As at March 31, 2013 As at March 31, 2012 (a) Loans and advances to related parties:* (i) Secured, considered good 11.29 11.29 (ii) Unsecured, considered good 5.02 5.01 (b) Others: (i) Capital advances 6.99 6.63 (ii) Security deposits 5.56 5.67 28.86 28.60 * An amount of ` 11.29 cr (Previous year ` 11.29 cr) is given to an associate company as a secured loan. The said company is registered under BIFR and is implementing its revival plan. First charge over all their assets has been assigned exclusively in favour of the Company. The Company has also given an unsecured loan of ` 3.59 cr (Previous year ` FU DV 3URPRWHU·V FRQWULEXWLRQ UHSD\DEOH LQ WZR HTXDO LQVWDOPHQWV LQ ÀQDQFLDO \HDU 2017-18 to 2019-20). Considering the progress of the revival plan and the present market value of assets, these amounts included under loans and advances are considered as good and recoverable. ( ` cr) NOTE 14 OTHER NON-CURRENT ASSETS As at March 31, 2013 As at March 31, 2012 (a) %DODQFH ZLWK EDQN LQ À[HG GHSRVLWV ZLWK PDWXULW\ EH\RQG PRQWKV 0.05 0.31 (b) Balance with Goverment departments: Tax paid under protest 10.51 10.51 Tax paid in advance, net of provisions 8.28 7.48 VAT receivable 20.32 14.64 Prepaid expenses 0.06 - Security deposit (see Note 11 (e)) 2.03 2.00 41.25 34.94 ( ` cr) NOTE 15 INVENTORIES * As at March 31, 2013 As at March 31, 2012 (a) Raw materials and packing materials 56.30 50.28 Add: Goods-in-transit 20.26 24.31 76.56 74.59 (b) Work-in-progress 118.75 108.27 (c) Finished goods 111.88 114.88 Add: Goods-in-transit 27.79 1.89 139.67 116.77 (d) Stock-in-trade 2.92 3.45 (e) Stores, spares and fuel 28.58 29.58 Add: Goods-in-transit - 0.49 28.58 30.07 366.48 333.15 * At cost and net realisable value whichever is lower.