Amal Ltd 2020-21

153 Financial instruments by category ( ` lakhs ) Particulars As at March 31, 2021 As at March 31, 2020 FVPL FVOCI Amortised cost FVPL FVOCI Amortised cost Financial assets Investments: Equity instruments 42.77 - - 2.10 - - Mutual funds 1,911.74 - - 1,481.18 - - Trade receivables - - 482.10 - - 713.66 Security deposits for utilities and premises - - 37.35 - - 37.35 Sales tax paid under protest - - 0.50 - - 0.50 Other receivables - - 6.38 - - - Cash and bank balances - - 54.00 - - 52.12 Total financial assets 1,954.51 - 580.33 1,483.28 - 803.63 Financial liabilities Trade payables - - 314.80 - - 238.80 Borrowings - - 565.05 - - 448.94 Security deposits - - 19.51 - - 13.82 Lease liability - - 0.87 - - 0.87 Employee benefits payable - - 17.97 - - 13.46 Creditors for capital goods - - 339.92 - - - Total financial liabilities - - 1,258.12 - - 715.89 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 Consolidated Financial Statements. To provide an indication about the reliability of the inputs used in determining fair value, the Group has classified its financial instruments into the 3 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, 2021 Level 1 Level 2 Level 3 Total Financial assets Financial investments at FVPL: Unquoted equity shares 1 - - 42.77 42.77 Mutual funds at FVPL - 1,911.74 - 1,911.74 Total financial assets - 1,911.74 42.77 1,954.51 Note 25.6 Fair value measurements