Consolidated STRATEGIC REVIEW STATUTORY REPORT FINANCIAL STATEMENTS 241 HERITAGE FOODS LTD | 32ND ANNUAL REPORT 2023-24 Notes As at 31 March 2024 31 March 2023 ASSETS Non-current assets (a) Property, plant and equipment 6 6,604.42 5,812.57 (b) Right of use assets 6 363.80 320.69 (c) Capital work-in-progress 6(a) 200.63 199.33 (d) Investment property 8 42.04 43.12 (e) Other intangible assets 7 34.40 39.83 (f) Intangible assets under development 7(a) - 1.06 (g) Investment in associate and joint venture 9 176.71 144.14 (h) Financial assets (i) Other investments 10 3.20 3.02 (ii) Other financial assets 11 111.46 103.66 (i) Other non-current assets 12 24.55 49.88 Total non-current assets 7,561.21 6,717.30 Current assets (a) Inventories 13 2,619.13 3,789.45 (b) Financial assets (i) Investments 10 1,221.86 0.03 (ii) Trade receivables 14 287.06 280.06 (iii) Cash and cash equivalents 15 (i) 785.08 163.36 (iv) Bank balances other than (iii) above 15 (ii) 53.15 28.26 (v) Loans 11 (a) 0.24 0.31 (vi) Other financial assets 11 127.38 105.51 (c) Current tax assets (net) 46.77 36.09 (d) Other current assets 12 109.11 129.80 Total current assets 5,249.78 4,532.87 Total assets 12,810.99 11,250.17 EQUITY AND LIABILITIES Equity (a) Equity share capital 16 463.98 463.98 (b) Other equity 17 7,617.61 6,794.69 Equity attributable to the owners of the Company 8,081.59 7,258.67 (c) Non-controlling interest - - Total equity 8,081.59 7,258.67 Liabilities Non-current liabilities (a) Financial liabilities (i) Borrowings 18 751.47 44.96 (ia) Lease liabilities 43 343.90 287.04 (ii) Other financial liabilities 19 3.67 5.37 (b) Government grant 72.81 79.55 (c) Provisions 20 225.47 181.28 (d) Deferred tax liabilities (net) 21 261.33 247.39 Total non-current liabilities 1,658.65 845.59 Current liabilities (a) Financial liabilities (i) Borrowings 18 176.76 1,298.54 (ia) Lease liabilities 45 49.54 49.09 (ii) Trade payables 23 - total outstanding dues of micro and small enterprises; 91.03 63.77 - total outstanding dues of creditors other than micro and small enterprises 1,358.80 706.72 (iii) Other financial liabilities 19 1,034.24 709.34 (b) Other current liabilities 22 245.80 222.11 (c) Government grant 6.73 6.73 (d) Provisions 20 107.85 89.61 Total current liabilities 3,070.75 3,145.91 Total equity and liabilities 12,810.99 11,250.17 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. Consolidated Balance Sheet as at 31 March 2024 (All amounts in ₹ millions, except share data and where otherwise stated) 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 : 29 May 2024 Date : 29 May 2024
RkJQdWJsaXNoZXIy NTE5NzY=