MAHINDRA & MAHINDRA LTD. Standalone Accounts 323 (a) Market Risk Management (contd.) Hedge Accounting - Forwards Details of Forward Foreign Currency Contracts outstanding at the end of reporting period Rupees crores Outstanding Contracts 2025 2024 Notional value # Carrying amount of hedging instrument included in Other Financial Assets / (Liabilities) Notional value # Carrying amount of hedging instrument included in Other Financial Assets / (Liabilities) Cash Flow Hedges Sell currency Maturing less than 1 year — USD............................................................................................................ — — 2,034.23 0.35 — ZAR............................................................................................................ 1,149.38 (3.39) 199.75 2.94 — AUD............................................................................................................ 437.15 11.17 245.13 4.14 — BRL............................................................................................................ 62.07 0.76 — — — JPY............................................................................................................. 40.18 0.26 — — Maturing more than 1 year — USD............................................................................................................ 2,026.87 13.20 — — Total..................................................................................................................... 22.00 7.43 There are no significant transactions of hedges which are ineffective. # Notional value of respective currency pair have been converted into presentation currency i.e. Rupees (INR) using year end closing exchange rate. Details of outstanding forward exchange contracts that are not accounted as hedges are as follows: Rupees crores Particulars 2025 2024 Notional value # Carrying amount of hedging instrument included in Other Financial Assets / (Liabilities) Notional value # Carrying amount of hedging instrument included in Other Financial Assets / (Liabilities) Buy currency — JPY............................................................................................................. 304.41 (3.69) 273.24 (4.04) — EUR............................................................................................................ 67.64 (0.45) 54.14 (0.33) — USD............................................................................................................ 2,766.64 (56.48) — — (60.62) (4.37) # Notional value of respective currency pair have been converted into presentation currency i.e. Rupees (INR) using year end closing exchange rate. 39. Financial instruments (contd.)
RkJQdWJsaXNoZXIy NTE5NzY=