Heritage Foods Limited | 30th Annual Report 2021-22

30 th Annual Report 2021-22 Heritage Foods Limited 166 23. Other liabilities As at 31 March 2022 31 March 2021 Current Advances from customers 29.33 27.89 Capital advances 6.25 9.10 Statutory dues payable 77.45 36.86 113.03 73.85 24. Trade payables As at 31 March 2022 31 March 2021 Total outstanding dues of micro and small enterprises (refer note 49) 77.02 34.89 Total outstanding dues of creditors other than micro and small enterprises 405.02 292.88 482.04 327.77 Trade payables ageing schedule as on 31 March 2022 Particulars Less than 1 year 1-2 years 2-3 years More than 3 years Total (i) MSME 77.02 - - - 77.02 (ii) Others 404.63 0.24 0.07 0.08 405.02 (iii) Disputed dues - MSME - - - - - (iv) Disputed dues - Others - - 481.65 0.24 0.07 0.08 482.04 Trade payables ageing schedule as on 31 March 2021 Particulars Less than 1 year 1-2 years 2-3 years More than 3 years Total (i) MSME 34.89 - - - 34.89 (ii) Others 290.93 0.46 - 1.49 292.88 (iii) Disputed dues - MSME - - - - - (iv) Disputed dues - Others - - - - - 325.82 0.46 - 1.49 327.77 25. Revenue from operations For the year ended 31 March 2022 31 March 2021 Sale of products 26,382.59 24,049.41 Sale of services 22.32 18.46 Other operating income - Sale of renewable energy certificates 11.73 0.52 - Scrap sales and others 12.57 1.90 26,429.21 24,070.29 (i) Reconciliation of revenue from sale of products with the contracted price For the year ended 31 March 2022 31 March 2021 Revenue as per contracted price 27,486.24 25,059.63 Adjusted for: Discounts (1,089.69) (1,000.64) Sales returns (13.96) (9.58) Total revenue from contracts with customers 26,382.59 24,049.41 Summary of the significant accounting policies and other explanatory information (All amounts in ` millions, except share data and where otherwise stated)