Heritage Foods Limited | 30th Annual Report 2021-22

Financial Statements Company Overview Statutory Reports 219 Trade payables ageing schedule as on 31 March 2022 Less than 1 year 1-2 years 2-3 years More than 3 years Total (i) MSME 77.02 - - - 77.02 (ii) Others 441.16 0.31 0.10 0.09 441.66 (iii) Disputed dues - MSME - - - - - (iv) Disputed dues - Others - - - - - 518.18 0.31 0.10 0.09 518.68 Trade payables ageing schedule as on 31 March 2021 Less than 1 year 1-2 years 2-3 years More than 3 years Total (i) MSME 35.14 - - - 35.14 (ii) Others 317.16 0.79 0.01 1.49 319.45 (iii) Disputed dues - MSME - - - - - (iv) Disputed dues - Others - - - - - 352.30 0.79 0.01 1.49 354.59 25. Revenue from operations For the year ended 31 March 2022 31 March 2021 Sale of products 26,763.75 24,708.39 Sale of services 22.32 18.46 Other operating income - Sale of renewable energy certificates 11.73 0.52 - Scrap sales and others 14.99 3.76 26,812.79 24,731.13 (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 27,877.65 25,728.84 Adjusted for: Discounts (1,096.79) (1,002.86) Sales returns (17.11) (17.59) Total revenue from contracts with customers 26,763.75 24,708.39 (ii) Revenue disaggregation geography wise is as follows: For the year ended 31 March 2022 31 March 2021 India 26,812.79 24,731.13 Other than India - - 26,812.79 24,731.13 Notes: The Group has no single customer from whom the revenue is more than 10% of the revenue from operations for the year ended 31 March 2022 and 31 March 2021. Summary of the significant accounting policies and other explanatory information (All amounts in ` millions, except share data and where otherwise stated) Consolidated