Amal Ltd 2014-15

Amal Ltd | Annual Report 2014-15 Notes to the Financial Statements (` 000) NOTE 9 LONG-TERM LOANS AND ADVANCES (Unsecured, considered good; unless otherwise stated) As at March 31, 2015 As at March 31, 2014 Security deposits 2,554 4,321 Other loans and advances 2,732 2,821 Income tax refund receivable 351 351 Capital advances - 500 Interest receivable on VAT refund 426 - 6,063 7,993 (` 000) NOTE 10 INVENTORIES As at March 31, 2015 As at March 31, 2014 Raw materials and components 2,418 3,473 Work-in-progress 2,164 2,500 Finished goods 2,124 1,113 Stores and spares 7,102 3,733 13,808 10,819 Note Inventories are stated at lower of cost and net realisable value. (` 000) NOTE 11 TRADE RECEIVABLES (Unsecured, considered good; unless otherwise stated) As at March 31, 2015 As at March 31, 2014 Trade receivables outstanding for more than six months - - Trade receivables outstanding for less than six months 2,890 1,640 2,890 1,640 (` 000) NOTE 12 CASH AND BANK BALANCES As at March 31, 2015 As at March 31, 2014 Cash and Cash equivalents Balance with banks in current accounts 2,779 101 Balance with banks in saving account - Refer note (i) below 196 189 Cash on hand 7 12 2,982 302 Other bank balances Fixed deposit with bank with original maturity of 12 months - Refer note (ii) below 1,040 518 4,022 820 Note i) The amount is lying with IDBI bank Ltd in No Lien account which can be utilised after the BIFR approval. ii) The above fixed deposit is placed with Axis bank Ltd towards bank guarantee given by it.