Heritage Foods Limited | 30th Annual Report 2021-22

30 th Annual Report 2021-22 Heritage Foods Limited 138 Particulars Notes As at 31 March 2022 31 March 2021 ASSETS Non-current assets (a) Property, plant and equipment 6 5,298.31 5,300.50 (b) Capital work-in-progress 6(a) 73.73 154.47 (c) Investment property 8 44.20 45.28 (d) Other intangible assets 7 44.17 38.67 (e) Intangible assets under development 7(a) 1.09 24.13 (f) Financial assets (i) Investment in subsidiary, joint venture and associate 9 594.37 488.22 (ii) Other investments 10 2.93 2.85 (iii) Other financial assets 11 60.46 51.65 (g) Other non-current assets 12 3.84 20.97 Total non-current assets 6,123.10 6,126.74 Current assets (a) Inventories 13 1,957.41 1,885.01 (b) Financial assets (i) Investments 10 0.03 0.04 (ii) Trade receivables 14 179.76 145.33 (iii) Cash and cash equivalents 15(a) 324.76 196.64 (iv) Bank balances other than (iii) above 15(b) 24.99 17.29 (v) Loans 16 0.91 8.90 (vi) Other financial assets 11 36.48 31.37 (c) Current tax assets (net) 31.13 22.99 (d) Other current assets 12 225.00 140.34 (e) Disposal group - Assets held for sale 4.42 5.63 Total current assets 2,784.89 2,453.54 Total assets 8,907.99 8,580.28 EQUITY AND LIABILITIES Equity (a) Equity share capital 17 231.99 231.99 (b) Other equity 18 6,372.87 5,705.65 Total equity 6,604.86 5,937.64 Liabilities Non-current liabilities (a) Financial liabilities (i) Borrowings 19 21.10 260.71 (ia) Lease liabilities 45 47.13 22.36 (ii) Other financial liabilities 20 8.83 11.57 (b) Provisions 21 163.75 100.52 (c) Government grant 86.28 26.89 (d) Deferred tax liabilities (net) 22 231.87 237.69 Total non-current liabilities 558.96 659.74 Current liabilities (a) Financial liabilities (i) Borrowings 19 16.37 263.01 (ia) Lease liabilities 45 28.23 22.51 (ii) Trade payables 24 - total outstanding dues of micro and small enterprises; 77.02 34.89 - total outstanding dues of creditors other than micro and small enterprises 405.02 292.88 (iii) Other financial liabilities 20 1,017.85 1,170.76 (b) Other current liabilities 23 113.03 73.85 (c) Government grant 6.74 0.23 (d) Provisions 21 79.91 124.77 Total current liabilities 1,744.17 1,982.90 Total equity and liabilities 8,907.99 8,580.28 Standalone Balance Sheet as at 31 March 2022 (All amounts in ` millions, except share data and where otherwise stated) The accompanying notes referred to above form an integral part of the standalone financial 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 Firm’s Registration No: 001076N/N500013 N Bhuvaneswari N Brahmani M Sambasiva Rao Vice Chairperson and Executive Director President Managing Director DIN: 02338940 DIN: 00003741 Sanjay Kumar Jain Srideep Madhavan Nair Kesavan A Prabhakara Naidu Umakanta Barik Partner Chief Executive Officer Chief Financial Officer Company Secretary & Membership No: 207660 M.No.FCA 200974 Compliance Officer M.No. FCS 6317 Place : Hyderabad Place : Hyderabad Date : 27 May 2022 Date : 27 May 2022