annual-report-FY2020

331 MAHINDRA & MAHINDRA LTD. INTEGRATED ANNUAL REPORT 2019-20 Reconciliation of movement in borrowings to cash flows from financing activities Rupees crores Particulars 2020 2019 Opening balance – Long Term Borrowings.................................................................................................................................... 43,526.17 33,809.18 – Short Term Borrowings................................................................................................................................... 10,541.01 11,325.54 – Current maturities of Long term borrowings............................................................................................... 16,781.12 10,763.20 – Unclaimed matured Deposits......................................................................................................................... 5.22 0.50 Total Opening Balance ....................................................................................................................................... 70,853.52 55,898.42 Cash flow movements – Proceeds from borrowings............................................................................................................................. 52,617.59 71,389.41 – Repayment of borrowings and lease liabilities ........................................................................................... (43,838.52) (56,573.82) – Net increase in Loans repayable on demand and cash credit ................................................................... (628.14) 221.82 8,150.93 15,037.41 Non-cash movements – Addition on account of adoption of Ind AS 116 ........................................................................................ 2,601.00 — – Addition to lease liability during the year .................................................................................................. 332.37 — – On account of business combinations / loss of control during the year ................................................. (203.11) 25.07 – Other adjustments on account of lease liabilities ...................................................................................... 33.26 — – Effect of amortisation of loan origination costs and foreign exchange translation................................ 804.36 (107.38) 3,567.88 (82.31) Closing Balance – Long Term Borrowings.................................................................................................................................... 52,298.05 43,526.17 – Short Term Borrowings................................................................................................................................... 10,217.53 10,541.01 – Current maturities of Long term borrowings............................................................................................... 20,051.43 16,781.12 – Unclaimed matured Deposits......................................................................................................................... 5.32 5.22 Total Closing Balance ......................................................................................................................................... 82,572.33 70,853.52 18. Trade Payables Rupees crores Particulars Non Current Current 2020 2019 2020 2019 Acceptances....................................................................................................... — — 2,066.38 4,438.98 Trade payable - Micro and small enterprises.................................................. — — 147.45 166.98 Trade payable - Other than micro and small enterprises.............................. 10.25 7.93 12,771.52 16,386.21 Total .................................................................................................................... 10.25 7.93 14,985.35 20,992.17 19. Other Financial Liabilities Rupees crores Particulars Non Current Current 2020 2019 2020 2019 Carried at Amortised Cost Current maturities of long-term debt............................................................. — — 19,576.70 16,781.12 Current maturities of lease liabilities.............................................................. — — 474.73 — Unclaimed dividends......................................................................................... — — 19.87 19.91 Unclaimed matured deposits and interest accrued thereon......................... — — 5.32 5.22 Interest accrued................................................................................................. 626.59 364.60 1,566.02 1,577.17 Others................................................................................................................. 456.45 370.62 2,161.26 2,484.26 Carried at Fair value Derivative financial liabilities and gross obligation to acquire non-controlling interest.................................................................................... 698.36 720.10 48.16 311.26 Total .................................................................................................................... 1,781.40 1,455.32 23,852.06 21,178.94 There are no amounts due and outstanding to be credited to the Investor Education and Protection Fund. 17. Borrowings (contd.)