Arohan Annual Report FY 20-21

(c) Concentration of loans (*) Particulars Year ended 31 March 2021 Year ended 31 March 2020 Micro finance loans 439,212.67 423,839.42 Micro, small and medium enterprise (MSME) 8,563.28 22,081.60 Secured term loans to corporates (#) 15,808.73 7,550.27 Total 463,584.68 453,471.29 (#) The secured term loans disbursed to corporates are all secured by book debts (*) The above figures represents the gross loan value along with interest accrued (B) Liquidity risk Liquidity risk is the risk that the Company will encounter difficulty in meeting the obligations associated with its financial liabilities (other than derivatives) that are settled by delivering cash or another financial asset. The Company’s approach to managing liquidity is to ensure as far as possible, that it will have sufficient liquidity to meet its liabilities when they are due. The Company maintains flexibility in funding by maintaining availability under committed credit lines. Management monitors the Company’s liquidity positions (also comprising the undrawn borrowing facilities) and cash and cash equivalents on the basis of expected cash flows. The Company also takes into account liquidity of the market in which the entity operates. i. Financing arrangements The Company has access to the following funding facilities: As at 31 March 2021 Total facility Drawn Undrawn - Expiring within one year 21,000.00 5,000.00 16,000.00 Total 21,000.00 5,000.00 16,000.00 As at 31 March 2020 Total facility Drawn Undrawn - Expiring within one year 56,500.00 46,000.00 10,500.00 Total 56,500.00 46,000.00 10,500.00 ii. Maturities of financial assets and liabilities The tables below analyse the Company financial assets and liabilities into relevant maturity groupings based on their contractual maturities. The amounts disclosed in the table are the contractual undiscounted cash flows: Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March 2021 (Contd.) As at 31 March 2021 Less than 1 year 1-2 year 2-3 year More than 3 years Total Financial assets Cash and cash equivalents 115,921.33 - - - 115,921.33 Other bank balances 12,052.77 6,400.33 1,277.19 222.83 19,953.12 Trade receivables 113.67 - - - 113.67 Loans 329,318.61 146,641.52 9,167.01 48,307.22 533,434.36 Other financial assets 932.78 6.36 41.73 70.59 1,051.46 Total undiscounted financial assets 458,339.16 153,048.21 10,485.93 48,600.64 670,473.94 Financial liabilities Debt Securities 77,800.99 12,121.50 11,135.43 8,111.23 109,169.15 Borrowings other than debt securities 224,218.22 94,654.16 27,384.15 2,556.96 348,813.49 Subordinated liabilities 2,827.96 3,725.40 5,032.02 20,688.59 32,273.97 Other financial liabilities 6,319.86 81.80 62.29 237.44 6,701.39 Total undiscounted financial liabilities 311,167.03 110,582.86 43,613.89 31,594.22 496,958.00 Net undiscounted financial assets/ (liabilities) 147,172.13 42,465.35 (33,127.96) 17,006.42 173,515.94 Annual Report | 2020-2021 168