Amal Ltd 2018-19

75 Note 9 Borrowings (continued) vii) Effective Interest Rate Particulars Rate a) Preference shares 14.87% b) Secured loan 16.99% c) Unsecured loan 17.99% Maturity profile of long-term borrowings ( ` 000) Particulars 2019-20 2020-21 2021-22 2022-23 Unsecured loans 17,917 - - - Secured loans 53,039 - - - 0% redeemable and non-convertible preference shares 2,396 12,802 14,855 17,237 73,352 12,802 14,855 17,237 viii) Net debt reconciliation ( ` 000) Particulars Liabilities from financing activities Non-current borrowings Current borrowings 1 Total Net debt as at March 31, 2018 1,00,475 33,931 1,34,406 Repayments - (40,000) (40,000) Interest expense 17,771 6,069 23,840 Interest paid - - - Transfer from non-current to current borrowings (73,352) 73,352 - Net debt as at March 31, 2019 44,894 73,352 1,18,246 1 Current maturities of long-term debt disclosed under other financial liabilities {refer Note 11(b)}. ( ` 000) Note 10 Provisions As at March 31, 2019 As at March 31, 2018 Non-current Current Non-current Current Provision for compensated absences (unfunded) refer note no 29(c) 294 57 136 24 294 57 136 24 Notes to the Financial Statements