Heritage Foods Limited

FINANCIAL STATEMENTS Standalone 29 th Annual Report 2020-21 | 183 19 Borrowings Particulars As at 31 March 2021 As at 31 March 2020 Non-current Secured Term loans from banks (refer note a) 223.23 1,547.85 Deferred payment liabilities 37.48 53.46 260.71 1,601.31 Current Secured Loans repayable on demand from banks (refer note b) 4.69 581.73 4.69 581.73 Unsecured Loans repayable on demand from banks (refer note b) - 250.00 - 250.00 4.69 831.73 (i) Reconciliation of liabilities arising from fi nancial activities* For the year ended 31 March 2021 31 March 2020 Balance at beginning of the year 1,954.97 1,831.55 Reclassi fi ed on transition to Ind AS 116 - (22.74) Proceeds from long term borrowings 282.52 503.28 Repayments of long term borrowings (1,771.93) (357.12) Balance at end of the year 465.56 1,954.97 *Includes only current and non-current portions of term loans from banks. (ii) Reconciliation of interest accrued but not due on term loans from banks For the year ended 31 March 2021 31 March 2020 Balance at beginning of the year 13.32 9.37 Interest expense for the year 143.40 168.21 Interest paid during the year 153.35 164.25 Balance at end of the year 3.37 13.32 Summary of the signi fi cant accounting policies and other explanatory information (All amounts in ₹ millions, except share data and where otherwise stated)