Amal Ltd 2020-21

79 ( ` lakhs) Note 4 Other financial assets As at March 31, 2021 As at March 31, 2020 Current Non- current Current Non- current a) Security deposits for utilities and premises - 37.35 - 37.35 b) Sales tax paid under protest - 0.50 - 0.50 c) Other receivables Related party (refer Note 25.3) 6.38 - - - 6.38 37.85 - 37.85 ( ` lakhs) Note 5 Other assets As at March 31, 2021 As at March 31, 2020 Current Non- current Current Non- current a) Income tax refund receivable - - - 0.04 b) Prepaid i) Gratuity 4.70 - 10.04 - ii) Others 3.24 - 15.48 - c) Advance to staff 0.07 - 0.36 - d) Advances for goods and services 48.58 - 8.89 - e) Other receivables 3.84 - 14.66 - f) Capital advances - 4.95 - - 60.43 4.95 49.43 0.04 ( ` lakhs) Note 6 Inventories 1 As at March 31, 2021 As at March 31, 2020 a) Raw materials and packing materials 27.48 18.82 b) Work-in-progress - 8.47 c) Finished goods 17.75 4.22 d) Stores, spares and fuel 92.55 61.91 137.78 93.42 1 Valued at cost or net realisable value, whichever is lower. The Company determines realisable value of inventory based on the latest selling prices, customer orders on hand and margins, adjusted to reflect current and estimated future economic conditions taking into account the possible effect due to the COVID-19 pandemic. Reversal of written down amounts recognised in the Standalone Statement of Profit and Loss: ` (0.06) lakhs (March 31, 2020: ` (0.19) lakhs) During the year, the Company has changed inventory valuation method from FIFO to weighted average. The impact of which is not material.