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

350 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS (ii) 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, 2022 Financial assets a) Investments......................................... 1,811.59 1,865.25 1,391.80 473.45 — b) Trade Receivables............................... 6,683.38 6,683.38 — 6,683.38 — c) Financial Services Receivable............. 67,657.82 67,997.01 — — 67,997.01 d) Security Deposit.................................. 279.14 279.14 — 279.14 — e) Other financial assets including loans 3,290.91 3,291.89 — 3,096.18 195.71 f) Fixed Deposit...................................... 707.43 707.43 — 707.43 — Total ................................................................... 80,430.27 80,824.10 1,391.80 11,239.58 68,192.72 Financial liabilities a) Non-Current Borrowings. .................. 48,625.06 52,356.74 18,575.14 33,781.60 — b) Lease liabilities. .................................. 2,938.03 2,938.03 — 2,938.03 — c) Trade Payable. .................................... 19,038.10 19,038.10 — 19,038.10 — d) Current Borrowings............................ 26,042.12 26,042.12 5,599.78 20,442.34 — e) Other Financial Liabilities.................. 5,198.05 5,198.05 — 4,694.82 503.23 Total ................................................................... 101,841.36 105,573.04 24,174.92 80,894.89 503.23 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 Borrowings. .................. 52,778.37 54,768.93 20,891.46 33,877.47 — b) Lease liabilities. .................................. 2,666.46 2,666.46 — 2,666.46 — c) Trade Payable. .................................... 15,507.23 15,507.23 — 15,507.23 — d) Current Borrowings............................ 25,180.00 25,180.00 4,075.95 21,104.05 — e) Other Financial Liabilities.................. 5,638.86 5,638.86 — 5,014.91 623.95 Total ................................................................... 101,770.92 103,761.48 24,967.41 78,170.12 623.95 There were no transfers between Level 1 and Level 2 during the year. 36. Financial Instruments (contd.) (e) Fair Value Disclosures (contd.)