MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

351 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS Ageing of trade payables Rupees crores Particulars 2023 Not Due Outstanding for following periods from due date of payments Total Less than 1 year 1-2 years 2-3 years More than 3 years Trade payable MSME ..................................................................................... 270.50 91.64 0.58 0.09 0.82 363.63 Others ................................................................................... 12,250.46 5,751.78 128.97 50.28 77.62 18,259.11 Disputed dues — Others .......................................... — 0.22 — 0.04 1.06 1.32 12,520.96 5,843.64 129.55 50.41 79.50 18,624.06 Accrued Expenses ........................................................ 5,211.64 Net trade payables ................................................... 12,520.96 5,843.64 129.55 50.41 79.50 23,835.70 Rupees crores Particulars 2022 Not Due Outstanding for following periods from due date of payments Total Less than 1 year 1-2 years 2-3 years More than 3 years Trade payable MSME ..................................................................................... 131.99 59.68 0.16 0.33 0.41 192.57 Others ................................................................................... 10,103.97 4,414.61 206.40 83.82 99.84 14,908.64 Disputed dues — MSME ............................................ 0.95 — — — 1.59 2.54 Disputed dues — Others .......................................... 0.04 0.92 0.86 2.48 1.11 5.41 10,236.95 4,475.21 207.42 86.63 102.95 15,109.16 Accrued Expenses ........................................................ 3,928.94 Net trade payables ................................................... 10,236.95 4,475.21 207.42 86.63 102.95 19,038.10 21. Other Financial Liabilities Rupees crores Particulars Non Current Current 2023 2022 2023 2022 Carried at Amortised Cost Unclaimed dividends #.................................................................................................................................... — — 17.18 17.16 Unclaimed matured deposits and interest accrued thereon............................................... — — 4.88 11.31 Interest accrued................................................................................................................................................... 220.91 337.29 1,857.12 1,892.91 Others......................................................................................................................................................................... 525.40 554.36 2,198.00 2,385.02 Carried at Fair value Foreign currency forwards and options, Interest rate swaps & commodity derivatives .............................................................................................................................................................. 131.34 143.53 141.37 93.63 Derivatives on interest over joint ventures..................................................................................... — — — 22.22 Gross obligation to acquire non-controlling interest 92.80 370.86 206.39 — Compulsorily convertible Preference shares *............................................................................... 400.00 — — — Total ............................................................................................................................................................................ 1,370.45 1,406.04 4,424.94 4,422.25 # There are no amounts due and outstanding to be credited to the Investor Education and Protection Fund. * Refer Note 38 20. Trade Payables (contd.)