Amal Ltd 2019-20

97 Financial instruments by category ( ` lakhs ) Particulars As at March 31, 2020 As at March 31, 2019 FVPL FVOCI Amortised cost FVPL FVOCI Amortised cost Financial assets Investments: Equity instruments 2.10 - - 2.10 - - Mutual funds 1481.18 - - 949.30 - - Trade receivables - - 713.66 - - 1,151.07 Security deposits for utilities and premises - - 37.85 - - 39.05 Cash and bank balances - - 52.12 - - 11.01 Total financial assets 1,483.28 - 803.63 951.40 - 1,201.13 Financial liabilities Trade payables - - 238.80 - - 191.63 Borrowings 448.94 1,182.46 Lease liability 0.87 - Employee benefits payable - - 13.46 - - 9.97 Retention payable - - 13.82 - - 10.64 Total financial liabilities - - 715.89 - - 1,394.70 a) Fair value hierarchy This section explains the judgements and estimates made in determining the fair values of the financial instruments that are a) recognised and measured at fair value and b) measured at amortised cost and for which fair values are disclosed in the Financial Statements. To provide an indication about the reliability of the inputs used in determining fair value, the Company has classified its financial instruments into the three levels prescribed in the Indian Accounting Standard. An explanation of each level follows underneath the table: ( ` lakhs ) i) Financial assets and liabilities measured at fair value as at March 31, 2020 Level 1 Level 2 Level 3 Total Financial assets Financial investments at FVPL: Unquoted equity shares 1 - - 2.10 2.10 Mutual funds at FVPL - 1,481.18 - 1,481.18 Total financial assets - 1,481.18 2.10 1,483.28 Note 26.6 Fair value measurements Notes to the Financial Statements