Heritage Foods Limited | 30th Annual Report 2021-22

30 th Annual Report 2021-22 Heritage Foods Limited 188 Consolidated 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 consolidated financial statements. This is the Consolidated 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 Particulars Notes As at 31 March 2022 31 March 2021 ASSETS Non-current assets (a) Property, plant and equipment 6 5,704.52 5,714.08 (b) Capital work-in-progress 6(a) 73.99 157.41 (c) Investment property 8 44.20 45.28 (d) Other intangible assets 7 44.39 38.95 (e) Intangible assets under development 7(a) 6.40 25.77 (f) Financial assets (i) Investment in associate and joint venture 9 173.87 129.06 (ii) Other investments 10 2.93 2.85 (iii) Other financial assets 11 64.10 55.26 (g) Other non-current assets 12 3.84 21.88 Total non-current assets 6,118.24 6,190.54 Current assets (a) Inventories 13 2,058.39 1,982.70 (b) Financial assets (i) Investments 10 0.03 0.04 (ii) Trade receivables 14 184.80 152.20 (iii) Cash and cash equivalents 15 331.11 218.26 (iv) Bank balances other than (iii) above 15 25.01 17.30 (v) Loans 16 0.91 8.90 (vi) Other financial assets 11 36.56 31.59 (c) Current tax assets (net) 36.05 25.78 (d) Other current assets 12 230.24 145.99 (e) Disposal group - Assets held for sale 4.46 11.81 Total current assets 2,907.56 2,594.57 Total assets 9,025.80 8,785.11 EQUITY AND LIABILITIES Equity (a) Equity share capital 17 231.99 231.99 (b) Other equity 18 6,343.51 5,726.26 Equity attributable to the owners of the Company 6,575.50 5,958.25 (c) Non-controlling interest 0.04 4.88 Total equity 6,575.54 5,963.13 Liabilities Non-current liabilities (a) Financial liabilities (i) Borrowings 19 79.54 340.40 (ia) Lease liabilities 45 47.13 22.36 (ii) Other financial liabilities 20 7.07 8.77 (b) Government grant 86.28 26.90 (c) Provisions 21 165.45 103.73 (d) Deferred tax liabilities (net) 22 239.02 240.57 Total non-current liabilities 624.49 742.73 Current liabilities (a) Financial liabilities (i) Borrowings 19 37.62 298.93 (ia) Lease liabilities 45 28.23 22.51 (ii) Trade payables 24 - total outstanding dues of micro and small enterprises; 77.02 35.14 - total outstanding dues of creditors other than micro and small enterprises 441.66 319.45 (iii) Other financial liabilities 20 1,035.08 1,194.34 (b) Other current liabilities 23 116.66 79.15 (c) Government grant 6.73 0.22 (d) Provisions 21 82.77 127.72 (e) Disposal group - liabilities related to assets held for sale - 1.79 Total current liabilities 1,825.77 2,079.25 Total equity and liabilities 9,025.80 8,785.11