Heritage Foods Limited

FINANCIAL STATEMENTS Standalone 29 th Annual Report 2020-21 | 155 Balance Sheet as at 31 March 2021 (All amounts in ₹ millions, except share data and where otherwise stated) Particulars Notes As at 31 March 2021 31 March 2020 ASSETS Non-current assets (a) Property, Plant and Equipment 6 5,300.50 4,265.06 (b) Capital work-in-progress 154.47 755.12 (c) Investment property 8 45.28 58.51 (d) Other intangible assets 7 38.67 61.13 (e) Intangible assets under development 24.13 15.81 (f) Investment in subsidiary, joint venture and associate 9 488.22 418.03 (g) Financial assets (i) Investments 10 2.85 1,441.37 (ii) Loans 16 51.65 50.79 (iii) Other fi nancial assets 11 - 4.71 (h) Other non-current assets 12 20.97 29.09 Total non-current assets 6,126.74 7,099.62 Current assets (a) Inventories 13 1,885.01 1,363.68 (b) Financial assets (i) Investments 10 0.04 0.04 (ii) Trade receivables 14 145.33 210.95 (iii) Cash and cash equivalents 15(i) 196.64 533.23 (iv) Bank balances other than (iii) above 15(ii) 17.29 17.10 (v) Loans 16 36.64 28.19 (vi) Other fi nancial assets 11 3.63 3.95 (c) Current tax assets (net) 22.99 12.32 (d) Other current assets 12 140.34 139.40 (e) Disposal group - Assets held for sale 5.63 210.02 Total current assets 2,453.54 2,518.88 Total assets 8,580.28 9,618.50 EQUITY AND LIABILITIES Equity (a) Equity share capital 17 231.99 231.99 (b) Other equity 18 5,705.65 4,391.32 Total equity 5,937.64 4,623.31 Liabilities Non-current liabilities (a) Financial liabilities (i) Borrowings 19 260.71 1,601.31 (ii) Other fi nancial liabilities 20 33.93 43.32 (b) Provisions 21 100.52 79.62 (c) Government grant 26.89 0.63 (d) Deferred tax liabilities (net) 22 237.69 229.22 Total non-current liabilities 659.74 1,954.10 Current liabilities (a) Financial liabilities (i) Borrowings 19 4.69 831.73 (ii) Trade payables 24 - total outstanding dues of micro and small enterprises; 34.89 52.39 - total outstanding dues of creditors other than micro and small enterprises 292.88 516.13 (iii) Other fi nancial liabilities 20 1,451.59 1,465.30 (b) Other current liabilities 23 73.85 65.39 (c) Government grant 0.23 0.14 (d) Provisions 21 124.77 110.01 Total current liabilities 1,982.90 3,041.09 Total equity and liabilities 8,580.28 9,618.50 The accompanying notes referred to above form an integral part of the standalone fi nancial statements. This is the Standalone Balance Sheet referred to in our report of even date. For Walker Chandiok & Co LLP For and on behalf of Board of Directors of Chartered Accountants Heritage Foods Limited FRN No: 001076N/N500013 Sanjay Kumar Jain N. Bhuvaneswari N Brahmani Partner Vice Chairperson & Managing Director Executive Director M.No. 207660 DIN : 00003741 DIN : 02338940 M Sambasiva Rao A Prabhakara Naidu Umakanta Barik President Chief Financial O ffi cer Company Secretary & M.No. FCA 200974 Compliance O ffi cer Place : Hyderabad Place : Hyderabad M.No. FCS 6317 Date : 19 May 2021 Date : 19 May 2021