Page 349 - Tata Chemical Annual Report_2022-2023

Integrated Annual Report 2022-23 01-83 84-192 193-365
Integrated Report Statutory Reports Financial Statements
Consolidated

(b) The details of the gross notional amounts of derivative financial instruments outstanding are given in the table 43. Disclosures on financial instruments
below: (a) Financial instruments by category
Derivative instruments Underlying Units As at As at The following table presents the carrying amounts of each category of financial assets and liabilities as at March 31, 2023
(Receivables/ payables/ borrowings) March 31, 2023 March 31, 2022
Forward contracts USD/INR $ million 101.2 74.4 ` in crore
Forward contracts EUR/INR € million 4.0 2.5 Investments - Investments - Derivatives - Derivatives - Amortised Total carrying
Particulars
Forward contracts EUR/GBP € million 6.0 3.6 FVTOCI FVTPL FVTPL FVTOCI cost value
Forward contracts USD/GBP $ million 4.8 2.4 Financial assets
Forward contracts JPY/USD JPY million - 123.7 (a) Investments - non current
Forward contracts JPY/INR JPY million 192.5 - Equity instrument at fair value 4,892 - - - - 4,892
Commodity swaps Natural Gas (US) million MMBTU 13.0 3.5 Debt instrument at fair value - 150 - - - 150
Commodity swaps Natural Gas (UK) million therms 17.4 35.8 (b) Investments - current
Interest rate swaps Floating to fixed $ million 303.5 200.0 Investment in mutual funds - 1,231 - - - 1,231
Investment in Non convertible - 39 - - - 39
(c) The following table analyses the movement in the effective portion of Cash Flow Hedge Reserve (‘CFHR’) for Debentures - quoted
the year ended March 31, 2023 and 2022 (c) Trade receivables - - - - 2,627 2,627

` in crore (d) Cash and cash equivalents - - - - 508 508
Forward Interest Commodity Total (e) Other bank balances - - - - 157 157
Particulars
contracts rate swaps swaps (f) Loans - current - - - - 325 325
Balance as at April 1, 2021 7 (60) 54 1 (g) Other financial assets - non- - - - 8 32 40
Net (losses) / gains recognised in the CFHR (1) 12 1,538 1,549 current
Amount re-classified from the CFHR and included in the Consolidated (h) Other financial assets - current - - - 22 39 61
Statement of Profit & Loss (due to settlement of contracts) within: Total 4,892 1,420 - 30 3,688 10,030
Power and Fuel cost - - (546) (546) Financial liabilities
Other expenses (7) - - (7) (a) Borrowings - non-current - - 5,540 5,540
Finance costs - 38 - 38 (b) Lease liabilities - non-current - - 137 137
Deferred income tax - - (197) (197) (c) Borrowings - current - - 543 543
Balance as at March 31, 2022 (1) (10) 849 838 (d) Lease liabilities - current - - 76 76
Net (losses) / gains recognised in the CFHR (1) 39 (710) (672) (e) Trade payables - - 2,597 2,597
Amount re-classified from the CFHR and included in the Consolidated (f) Other financial liabilities - - 23 25 48
Statement of Profit & Loss (due to settlement of contracts) within: non-current
Power and Fuel cost - (2) (425) (427) (g) Other financial liabilities - 7 125 564 696
Other expenses (1) - - (1) current
Finance costs - (2) - (2) Total 7 148 9,482 9,637
Deferred income tax 1 (2) 232 231
Balance as at March 31, 2023 (2) 23 (54) (33)

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