annual-report-FY2021

328 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS Reconciliation of movement in borrowings to cash flows from financing activities Rupees crores Particulars 2021 2020 Opening 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 Opening Balance ....................................................................................................................................... 82,572.33 70,853.52 Cash flow movements – Proceeds from borrowings. ............................................................................................................................ 38,100.37 52,617.59 – Repayment of borrowings and lease liabilities ........................................................................................... (35,772.09) (43,415.94) – Net increase in Loans repayable on demand and cash credit ................................................................... (1,733.29) (628.14) – Repayment of lease liabilities ....................................................................................................................... (552.98) (557.73) 42.01 8,015.78 Non-cash movements – Addition on account of adoption of Ind AS 116 ........................................................................................ — 2,601.00 – Addition to lease liability during the year .................................................................................................. 479.29 332.37 – On account of business combinations during the year .............................................................................. (220.09) (203.11) – On deconsolidation of subsidiary ................................................................................................................. (2,446.74) — – Other adjustments on account of lease liabilities . ..................................................................................... (8.92) 168.41 – Effect of amortisation of loan origination costs and foreign exchange translation................................ 212.47 804.36 (1,983.99) 3,703.03 Closing Balance – Long Term Borrowings.................................................................................................................................... 54,906.56 52,298.05 – Short Term Borrowings................................................................................................................................... 4,646.59 10,217.53 – Current maturities of Long term borrowings............................................................................................... 21,071.68 20,051.43 – Unclaimed matured Deposits......................................................................................................................... 5.52 5.32 Total Closing Balance ......................................................................................................................................... 80,630.35 82,572.33 18. Trade Payables Rupees crores Particulars Non Current Current 2021 2020 2021 2020 Acceptances. ...................................................................................................... — — 1,432.20 2,066.38 Trade payable - Micro and small enterprises.................................................. — — 151.58 147.45 Trade payable - Other than micro and small enterprises.............................. 1.44 10.25 13,922.01 12,771.52 Total .................................................................................................................... 1.44 10.25 15,505.79 14,985.35 19. Other Financial Liabilities Rupees crores Particulars Non Current Current 2021 2020 2021 2020 Carried at Amortised Cost Current maturities of long-term debt............................................................. — — 20,533.41 19,576.70 Current maturities of lease liabilities.............................................................. — — 538.27 474.73 Unclaimed dividends......................................................................................... — — 18.43 19.87 Unclaimed matured deposits and interest accrued thereon......................... — — 5.52 5.32 Interest accrued................................................................................................. 420.63 626.59 2,241.50 1,566.02 Others................................................................................................................. 498.14 456.45 2,454.64 2,161.26 Carried at Fair value Foreign currency forwards and options, Interest rate swaps & commodity derivatives ......................................................................................................... 141.91 95.52 121.63 48.16 Derivatives on interest over associates and joint ventures. .......................... 26.57 29.01 — — Gross obligation to acquire non-controlling interest ................................... 507.96 573.83 — — Total .................................................................................................................... 1,595.21 1,781.40 25,913.40 23,852.06 There are no amounts due and outstanding to be credited to the Investor Education and Protection Fund. 17. Borrowings (contd.)