Amal Ltd 2013-14

Amal Ltd | Annual Report 2013-14 Notes to the Financial Statements ( ` ‘000) NOTE 12 CASH AND BANK BALANCES As at March 31, 2014 As at March 31, 2013 Cash and Cash equivalents Balances with banks in current accounts 101 264 Balance with banks in saving account - See note (i) 189 12,566 Cash on hand 12 11 302 12,841 Other bank balances Fixed deposit with bank with original maturity of 12 months - See note (ii) 518 - 820 12,841 Note: (i) The amount is lying with IDBI bank in No lien account which can be utilised after the BIFR approval. (ii) The above fixed deposit placed with Axis bank towards bank guarantee given by it. ( ` ‘000) NOTE 13 SHORT-TERM LOANS AND ADVANCES As at March 31, 2014 As at March 31, 2013 Advances to staff - Unsecured, considered good 142 53 142 53 ( ` ‘000) NOTE 14 OTHER CURRENT ASSETS As at March 31, 2014 As at March 31, 2013 Balance with excise and service tax 647 1,608 Income tax paid in advance | TDS 94 53 Prepayments | Accrued income 1,151 1,039 Advances to creditors 973 Less : Provision for doubtful advances (258) 715 3,096 TCS refundable 387 402 2,994 6,198 ( ` ‘000) NOTE 10 INVENTORIES As at March 31, 2014 As at March 31, 2013 Raw materials and components 3,473 652 Work-in-progress 2,500 1,462 Finished goods 1,113 1,042 Stores and spares 3,733 7,068 10,819 10,224 Note: Inventories are stated at lower of cost and net realisable value. ( ` ‘000) NOTE 11 TRADE RECEIVABLES As at March 31, 2014 As at March 31, 2013 Trade receivables outstanding for more than six months - - (Unsecured, considered good) Trade receivables outstanding for less than six months (Unsecured, considered good) 1,640 1,970 1,640 1,970