Gillette_India_Limited_AR_20

Annual Report 2019-20 118 Notes to Financial Statements for the year ended June 30, 2020 Gillette India Limited 30.2 Categories of financial instruments Year ended June 30, 2020 ` in lakhs Year ended June 30, 2019 ` in lakhs Financial assets Measured at amortised cost (i) Trade receivables 19 067 18 249 (ii) Cash and cash equivalents 23 070 13 993 (iii) Bank balances other than (ii) above 178 179 (iv) Loans 3 482 3 173 (v) Other financial assets 1 686 1 516 Financial liabilities Measured at amortised cost (i) Trade payables 28 735 28 171 (ii) Other financial liabilities 1 329 1 146 30.3 Financial risk management objectives The Company’s overall policy with respect to managing risks associated with financial instruments is to minimise potential adverse effects of financial performance of the Company. The policies for managing specific risks are summarised below. 30.4 Foreign currency risk management The Company undertakes transactions denominated in foreign currencies; consequently, exposures to exchange rate fluctuations arise. Exchange rate exposures are managed within approved policy parameters. The carrying amounts of the Company's foreign currency denominated monetary assets and monetary liabilities at the end of the reporting period are as follows: Liabilities as at Assets as at Year ended June 30, 2020 ` in lakhs Year ended June 30, 2019 ` in lakhs Year ended June 30, 2020 ` in lakhs Year ended June 30, 2019 ` in lakhs USD 11 611 10 879 6 061 10 876 EUR 1 448 691 — — JPY 148 68 — — GBP 458 91 — — BDT — 457 146 — AUD 36 157 — — CNY — — — 6 SEK —* 5 — — PLN 5 — — — SGD 27 23 — — * denotes amount less than ` 50 000