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• Annual Report 2018-19
Shaping the future of software driven business
7.
Non-current financial assets: Loans (refer note 31)
As at
March 31, 2019
In
`
Million
As at
March 31, 2018
In
`
Million
Carried at amortised cost
Loan to related parties
Unsecured, considered good (Refer note 34 and 43)
- Persistent Systems, Inc.
-
130.34
- Persistent Systems Germany GmbH
-
686.84
Add: Interest accrued but not due on loan
-
13.35
-
830.53
Security deposit
Unsecured, considered good
116.01
115.28
Unsecured, credit impaired
-
2.19
116.01
117.47
Less: Impairment
-
(2.19)
116.01
115.28
Other loans and advances
Inter corporate deposits
Unsecured, considered good
-
-
Unsecured, credit impaired
0.58
0.58
0.58
0.58
Less: Impairment
(0.58)
(0.58)
-
-
116.01
945.81
8. Other non-current financial assets (refer note 31)
As at
March 31, 2019
In
`
Million
As at
March 31, 2018
In
`
Million
Non-current bank balances (Refer note 14)
94.39
1.53
Add: Interest accrued but not due on non-current bank deposits
1.46
0.21
Non-current deposits with banks (Carried at amortised cost)
95.85
1.74
Deposit with financial institutions (Refer note 44)
430.00
35.00
Add: Interest accrued but not due on deposit with financial institutions
5.94
0.69
Less: Credit impaired
(182.50)
-
253.44
35.69
Investment in Persistent Systems Germany GmbH (Shares pending allotment)
(Refer note 34)
78.72
-
428.01
37.43
9.
Deferred tax assets (net)
As at
March 31, 2019
In
`
Million
As at
March 31, 2018
In
`
Million
Deferred tax liabilities
Differences in book values and tax base values of block of Property, Plant and
Equipment and other intangible assets
40.92
63.50
Capital gains (net)
99.83
117.36
Others
99.40
8.80
240.15
189.66
Notes forming part of financial statements (Contd.)