275 / 300
Notes forming part of onancial statements (Contd.)
Annual Report 2016-17
•
275
As at March 31, 2017
As at March 31, 2016
In
`
million
Foreign
currency
(In million)
Conversion
rate (
`
)
In
`
million
Foreign
currency
(In million)
Conversion
rate (
`
)
Advances received
20.30 USD 0.31
64.85
10.16
USD 0.15
66.24
Trade receivables
3,206.79 USD 49.45
64.85
2,065.48 USD 31.18
66.24
53.02 EUR 0.77
69.29
47.87
EUR 0.64
75.38
36.19 GBP 0.45
80.90
42.79 GBP 0.45
99.45
-
-
-
0.35
CAD 0.01
51.20
26.07 AUD 0.53
49.58
15.69
AUD 0.31
50.95
2.66 SEK 0.37
7.26
-
-
-
-
-
-
0.22 N=D 0.004
49.95
26.51
ZAR 5.46
4.86
12.06 =AR 2.68
4.50
33. Operating leases
The Company has taken equipment and ofoce premises on lease under cancellable operating lease arrangements.
Further, the Company has also taken certain land and ofoce premises under non-cancellable operating lease agreement
for a period of 3 – 15 years. There are no restrictions imposed by the lease agreements. There are no subleases. The
Company has an option to renew the lease agreements at the end of the lease period.
Maximum obligation on long–term non-cancellable operating lease payable as per the rentals stated in respective
agreement and the lease rentals recognized on cancellable and non-cancellable leases is as follows:
(In
`
Million)
For the year ended
March 31, 2017
March 31, 2016
/ease rentals during the year
-
On cancellable leases
36.42
19.72
-
On non-cancellable leases
178.86
93.58
Total
215.28
113.30
(In
`
Million)
As at
March 31, 2017
March 31, 2016
Obligation on non- cancellable operating leases
-
Not later than one year
190.55
110.25
-
/ater than one year and not later than ove years
429.17
346.23
-
/ater than ove years
261.58
276.39