Annual Report 2016-17

262 / 300

Notes forming part of onancial statements (Contd.)
262 • Annual Report 2016-17
15. Current onancial assets : Loans (refer note 31)
As at
March 31, 2017
In ` Million
As at
March 31, 2016
In ` Million
As at
April 1, 2015
In ` Million
Carried at amortised cost
Loan to related parties (refer note 34 and note 43)
Unsecured, considered good
- Persistent Systems, Inc. - - 312.40
Add: Interest accrued but not due on loan - - 3.62
- - 316.02
Unsecured, considered doubtful
- Klisma eServices Private /imited 27.43 27.43 27.43
27.43 27.43 343.45
/ess: Impairment of current loans (27.43) (27.43) (27.43)
- - 316.02
Security deposits
Unsecured, considered good 7.45 5.78 7.80
7.45 5.78 7.80
7.45 5.78 323.82
16. Other current onancial assets (refer note 31)
As at
March 31, 2017
In ` Million
As at
March 31, 2016
In ` Million
As at
April 1, 2015
In ` Million
Fair value of derivatives designated and effective as hedging
instruments
Forward contracts receivable 412.80 164.40 107.32
Share application money pending allotment (refer note 34) - 668.00 -
Advances to related parties (Unsecured, considered good) (refer
note 34 and note 43)
Persistent Systems, Inc. 43.85 33.20 15.84
Persistent Systems Pte /td. - 0.21 -
Persistent Systems France SAS 1.70 0.82 0.04
Persistent Telecom Solutions Inc. - 4.90 5.27
Persistent Systems Malaysia Sdn. Bhd. 0.17 1.23 -
Aepona Software (Private) /imited 0.64 0.10 -
Aepona /imited 0.98 0.38 -
CloudSquads Inc. - - 0.01
Persistent Systems Mexico, S.A. de C.V 1.92 - -
Akshat Corporation 0.10 - -
Persistent Systems Germany GmbH 0.51 - -
49.87 40.84 21.16
Advances to related parties (Unsecured, considered doubtful)
(refer note 34 and note 43)
Klisma e-Services Private /imited 0.81 0.81 0.75
/ess: Impairment of current onancial assets (0.81) (0.81) (0.75)
- - -
Deposit with onancial institution 135.00 - -
Add: Interest accrued but not due on deposit with onancial institution 5.44 - -
Current deposits with onancial institution (Carried at amortised cost) 140.44 - -
Unbilled revenue 580.93 516.40 275.68
1,184.04 1,389.64 404.16