Finance lease obligations Dividend payable Dividend distribution tax payable Others Trade payables Total non-derivative liabilities Contractual maturities of financial liabilities as at March 31, 2017 Less than 3 months 3 to 6 months 6 months to one year Between 1 and 2 years Between 2 and 5 years Above 5 years Total - - - - - - - - - - - - 10.30 - - - - 10.30 - - - - 123.01 137.58 744.28 151.52 5.40 768.79 1,807.56 4.27 744.28 151.52 5.40 768.79 1,674.25 - - - - - - 123.01 - - - - Liquidity risk is the risk that the Company will face in meeting its obligations associated with its financial liabilities. The company manages liquidity by ensuring that it will have sufficient funds to meet its liabilities when due, without incurring unacceptable losses. In doing this, the Management considers both normal and stressed conditions. A material and sustained shortfall in our cash flow can undermine the credit rating and impair investor confidence in the Company. Rudolf Atul Chemicals Ltd | Annual Report 2017-18 Management of liquidity risk C) Foreign currency risk The Company is exposed to foreign exchange risk arising from foreign currency transactions, primarily with respect to Euro. Foreign exchange risk arises from future commercial transactions and recognised assets and liabilities denominated in a currency that is not the functional currency (INR) of the Company. The risk is measured through a forecast of highly probable foreign currency cash flows. The above risks may affect the income and expenses of the Company or the value of its financial instruments. The objective of management of market risk of the Company is to maintain this risk within acceptable parameters, while optimising returns. The exposure of the Company to these risks is explained below: Particulars March 31, 2018 Amount in Amount in INR March 31, 2017 Foreign currency risk exposure: : The exposure of the Company to foreign currency risk at the end of the reporting period, is as follows Amount in Amount in INR Financial liabilities Trade payables 93,200 74,65,977 1,95,329 1,33,66,362 Net exposure to foreign currency risk 93,200 74,65,977 1,95,329 1,33,66,362 Finance lease obligations Creditors for capital goods Dividend payable Dividend distribution tax payable Trade payables Others Total non-derivative liabilities Contractual maturities of financial liabilities as at March 31, 2018 Less than 3 months 3 to 6 months 6 months to one year Between 1 and 2 years Between 2 and 5 years Above 5 years Total - - - - - - - - - - - - - - 4.83 - - - - - 4.83 5.47 - - - - - 5.47 114.77 - - - - - 114.77 125.07 2.83 583.75 118.84 864.09 3.60 1,698.18 - 2.83 583.75 118.84 864.09 3.60 1,573.11
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