Atul Ltd 2018-19

Note 28.8 Financial risk management (continued) Reconciliation of loss allowance provision – trade receivables ( ` cr) Particulars Loss allowance on trade receivables Loss allowance as on March 31, 2017 3.16 Changes in loss allowance (0.56) Loss allowance as on March 31, 2018 2.60 Changes in loss allowance 5.01 Loss allowance as on March 31, 2019 7.61 ~ƥĺĚƑ ǛŠîŠČĿîŕ îƙƙĚƥƙ The Company maintains exposure in cash and cash equivalents, term deposits with banks, investments in government ƙĚČƭƑĿƥĿĚƙȡ ƎƑĚljĚƑĚŠČĚ ƙĺîƑĚƙ îŠē ŕūîŠƙ ƥū ƙƭċƙĿēĿîƑNj ČūŞƎîŠĿĚƙȦ ¹ĺĚ ūŞƎîŠNj ĺîƙ î ēĿDŽĚƑƙĿǛĚē ƎūƑƥljūŕĿū ūlj ĿŠDŽĚƙƥŞĚŠƥƙ DžĿƥĺ various number of counterparties which have secure credit ratings, hence the risk is reduced. Individual risk limits are set for ĚîČĺ ČūƭŠƥĚƑƎîƑƥNj ċîƙĚē ūŠ ǛŠîŠČĿîŕ ƎūƙĿƥĿūŠȡ ČƑĚēĿƥ ƑîƥĿŠij îŠē Ǝîƙƥ ĚNJƎĚƑĿĚŠČĚȦ ƑĚēĿƥ ŕĿŞĿƥƙ îŠē ČūŠČĚŠƥƑîƥĿūŠ ūlj ĚNJƎūƙƭƑĚƙ are actively monitored by the treasury department of the Company. Impact of hedging activities îȴ 'ĿƙČŕūƙƭƑĚ ūlj ĚljljĚČƥƙ ūlj ĺĚēijĚ îČČūƭŠƥĿŠij ūŠ ǛŠîŠČĿîŕ ƎūƙĿƥĿūŠȠ As at March 31, 2019 ( ` cr) Type of hedge and risks Notional value Carrying amount of hedging instrument Maturity (months) Weighted average strike price | interest rate Changes in fair value of hedging instru- ment Change in the value of hedged item used as the basis for recognising hedge effectiveness Assets Liabilities Assets Liabilities îƙĺ ǜūDž ĺĚēijĚ ` : US$ Foreign exchange risk Currency range options 87.09 - 1.22 - 1-12 ǬǯȦǬǪȹ ǭǫȦǮǪ 1.22 (1.22) As at March 31, 2018 ( ` cr) Type of hedge and risks Notional value Carrying amount of hedging instrument Maturity (months) Weighted average strike price | interest rate Changes in fair value of hedging instru- ment Change in the value of hedged item used as the basis for recognising hedge effectiveness Assets Liabilities Assets Liabilities îƙĺ ǜūDž ĺĚēijĚ ` : US$ Foreign exchange risk Foreign exchange for- ward contracts 6.01 - 0.07 - 1-12 66.18 0.07 (0.07) Currency range options - ǨǪȦǨǨ - (0.02) 1-12 ǬǪȦǯǦȹǬǮȦǯǦ (0.02) 0.02 Corporate Overview 01-22 Statutory Reports 23-105 Financial Statements 107-250 168 Atul Ltd | Annual Report 2018-19