Heritage Foods Limited

FINANCIAL STATEMENTS Standalone 29 th Annual Report 2020-21 | 179 13 Inventories Particulars As at 31 March 2021 As at 31 March 2020 (at lower of cost or net realisable value) Raw materials (including goods in transit of ₹ 2.08 (31 March 2020: ₹ 70.87) 697.22 498.43 Work-in-progress 5.41 5.08 Semi fi nished goods 398.41 95.56 Finished goods 648.64 649.30 Stock-in-trade 28.36 16.59 Packing materials 73.22 68.48 Stores, spares and consumables 33.75 30.24 1,885.01 1,363.68 14 Trade receivables Particulars As at 31 March 2021 As at 31 March 2020 Unsecured, considered good 145.36 210.99 Unsecured, signi fi cant increase in credit risk 11.41 9.77 156.77 220.76 Less: Allowance for trade receivables with signi fi cant increase in credit risk 11.41 9.77 Less: Expected credit loss 0.03 0.04 145.33 210.95 The movement in the allowance for trade receivables with signi fi cant increase in the credit risk and expected credit loss for the year ended 31 March 2021 and 31 March 2020 is as follows: Particulars For the year ended 31 March 2021 31 March 2020 Opening balance at beginning of the year 9.81 7.09 Provision made during the year 3.75 4.85 Bad debts written o ff during the year 2.12 2.13 Closing balance at end of the year 11.44 9.81 No trade receivable are due from directors or other o ffi cers of the Company either severally or jointly with any other person or amounts due by fi rms or private companies respectively in which any director is a partner or a director or a member. Refer note 41 for dues from related parties. Summary of the signi fi cant accounting policies and other explanatory information (All amounts in ₹ millions, except share data and where otherwise stated)