MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2021-22

319 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2021-22 11. Loans Rupees crores Particulars Non Current Current 2022 2021 2022 2021 a) Loans to related parties — Unsecured, considered good............................................................... 0.81 6.27 100.89 73.94 — Credit impaired..................................................................................... 11.00 16.00 — — 11.81 22.27 100.89 73.94 Less: Loss allowance ................................................................................ 11.00 16.00 — — Total (a) . ................................................................................................... 0.81 6.27 100.89 73.94 b) Other Loans — Secured, considered good. .................................................................. — 0.35 0.06 9.99 — Unsecured, considered good............................................................... 155.55 18.18 114.99 199.72 — Credit impaired..................................................................................... 247.98 439.99 9.96 15.94 403.53 458.52 125.01 225.65 Less: Loss allowance ................................................................................. 186.44 330.65 9.96 15.94 Total (b) . ................................................................................................... 217.09 127.87 115.05 209.71 c) Financial Services receivable # — Secured, considered good. .................................................................. 33,547.87 33,599.11 18,833.56 19,468.22 — Unsecured, considered good............................................................... 144.21 40.33 3,056.21 2,148.28 — Significant increase in credit risk........................................................ 6,047.13 5,418.28 5,260.93 4,779.62 — Credit impaired..................................................................................... 1,669.47 2,072.47 4,179.81 4,711.63 41,408.68 41,130.19 31,330.51 31,107.75 Less: Loss allowance.................................................................................. 2,777.18 2,851.69 2,304.19 2,311.17 Total (c) . ................................................................................................... 38,631.50 38,278.50 29,026.32 28,796.58 Total (a)+(b)+(c) . ........................................................................................ 38,849.40 38,412.64 29,242.26 29,080.23 # Refer Note 36 for disclosures related to credit risk, impairment of financial services receivables under expected credit loss model and related disclosures. 12. Other Financial Assets Rupees crores Particulars Non Current Current 2022 2021 2022 2021 Financial assets at amortised cost Bank deposits..................................................................................................... 605.69 121.26 — — Balances with banks on margin accounts....................................................... 101.74 247.79 — — Security deposit ................................................................................................ 216.78 210.91 62.36 78.73 Interest accrued on investment, other loans.................................................. — — 419.95 467.71 Government grant receivable. ......................................................................... 754.61 838.88 391.76 224.64 Corporate Fixed Deposit................................................................................... 100.00 — — — Others................................................................................................................. 401.82 18.76 788.93 641.69 Financial Assets at Fair value Foreign currency forwards and options, Interest rate swaps & commodity derivatives ........................................................................................................ 4.47 67.86 265.59 57.95 Derivatives on interest over Subsidiaries and joint ventures........................ 21.54 104.96 70.36 — Total .................................................................................................................... 2,206.65 1,610.42 1,998.95 1,470.72