Amal Ltd 2019-20

99 d) Fair value of financial assets and liabilities measured at amortised cost ( ` lakhs ) Particulars As at March 31, 2020 As at March 31, 2019 Carrying amount | Fair value Carrying amount | Fair value Financial assets Security deposits for utilities and premises 37.85 39.05 Total financial assets 37.85 39.05 Financial liabilities Borrowings 448.94 1,182.46 Lease liability 0.87 - Total financial liabilities 449.81 1,182.46 The carrying amounts of trade receivables, bank deposits with less than 12 months maturity, cash and cash equivalents, trade payables, employee benefits payable, payable towards expenses and retention payables are considered to be the same as their fair values due to the current and short-term nature of such balances. The fair values of non-current borrowings are based on discounted cash flows using a current borrowing rate. They are classified as level 3 fair values in the fair value hierarchy due to the use of unobservable inputs, including own credit risk. For financial assets and liabilities that are measured at fair value, the carrying amounts are equal to the fair values. e) Valuation inputs and relationships to fair value ( ` lakhs ) Particulars Fair value as at Valuation technique Significant unobservable inputs and range As at March 31, 2020 As at March 31, 2019 Investment in equity shares 1 2.10 2.10 refer Note 1 refer Note 1 1 The change in the unobservable inputs for unquoted equity instruments does not have a significant impact in its value. Note 26.6 Fair value measurements (continued) Notes to the Financial Statements