annual-report-FY2021

351 MAHINDRA & MAHINDRA LTD. INTEGRATED ANNUAL REPORT 2020-21 (b) Financial Instruments measured at amortised cost Rupees crores Particulars Carrying Value Fair value Fair value Level 1 Level 2 Level 3 As at 31 st March, 2021 Financial assets a) Investments......................................... 3,830.48 3,909.51 1,390.03 2,519.48 — b) Trade Receivables............................... 6,373.92 6,373.92 — 6,373.92 — c) Financial Services Receivable............. 67,075.08 67,526.12 — — 67,526.12 d) Security Deposit.................................. 289.64 289.64 — 289.64 — e) Other Loans. ....................................... 2,609.47 2,622.07 — 1,812.42 809.65 f) Fixed Deposit...................................... 369.05 369.05 — 369.05 — Total ................................................................... 80,547.64 81,090.31 1,390.03 11,364.51 68,335.77 Financial liabilities a) Non-Current Borrowing..................... 54,906.56 56,897.12 20,891.46 36,005.66 — b) Trade Payable. .................................... 15,507.23 15,507.23 — 15,507.23 — c) Current Borrowings............................ 4,646.59 4,646.59 — 4,646.59 — d) Other Financial Liabilities.................. 26,710.54 26,710.54 4,075.95 22,010.64 623.95 Total ................................................................... 1,01,770.92 1,03,761.48 24,967.41 78,170.12 623.95 As at 31 st March, 2020 Financial assets a) Investments......................................... 1,357.33 1,408.18 1,055.94 352.24 — b) Trade Receivables............................... 7,484.47 7,484.47 — 7,484.47 — c) Financial Services Receivable............. 72,862.66 72,726.88 — — 72,726.88 d) Security Deposit.................................. 412.12 412.12 — 412.12 — e) Other Loans. ....................................... 2,302.82 2,307.35 — 1,807.30 500.05 f) Fixed Deposit...................................... 467.73 467.73 — 467.73 — Total ................................................................... 84,887.13 84,806.73 1,055.94 10,523.86 73,226.93 Financial liabilities a) Non-Current Borrowing..................... 52,298.05 53,444.26 17,734.91 35,709.35 — b) Trade Payable. .................................... 14,995.60 14,995.60 — 14,995.60 — c) Current Borrowings............................ 10,217.53 10,217.53 — 10,217.53 — d) Other Financial Liabilities.................. 24,886.94 24,886.94 7,274.68 17,210.37 401.89 Total ................................................................... 1,02,398.12 1,03,544.33 25,009.59 78,132.85 401.89 There were no transfers between Level 1 and Level 2 during the year. 33. Financial Instruments (contd.) 5. Fair Value Disclosures (contd.)