Arohan Financial Services Limited | Annual Report 2022-23

| 136 Annual Report | 2022-2023 Financial Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March 2023 (Contd.) (All amounts in ` lakhs unless otherwise stated) Note 7: Loans As at 31 March 2023 As at 31 March 2022 At amortised cost At fair value through other comprehensive income Total At amortised cost At fair value through other comprehensive income Total Term loans Secured Loans 854.79 - 854.79 9,405.09 - 9,405.09 Unsecured Loans 5,05,831.33 - 5,05,831.33 4,05,431.73 - 4,05,431.73 Total - Gross 5,06,686.12 - 5,06,686.12 4,14,836.82 - 4,14,836.82 Less: Impairment allowance (#) (28,464.17) - (28,464.17) (43,816.89) (43,816.89) Total - Net 4,78,221.95 - 4,78,221.95 3,71,019.93 - 3,71,019.93 (i) Secured by tangible assets (*) 854.79 - 854.79 9,405.09 - 9,405.09 (ii) Secured by intangible assets - - - - - - (iii) Covered by Bank/ Government Guarantees - - - - - - (iv) Unsecured 5,05,831.33 - 5,05,831.33 4,05,431.73 - 4,05,431.73 Total - Gross 5,06,686.12 - 5,06,686.12 4,14,836.82 - 4,14,836.82 Less: Impairment allowance (#) (28,464.17) - (28,464.17) (43,816.89) - (43,816.89) Total - Net 4,78,221.95 - 4,78,221.95 3,71,019.93 - 3,71,019.93 Loans in India (i) Public Sector - - - - - - (ii) Others 5,06,686.12 - 5,06,686.12 4,14,836.82 - 4,14,836.82 Total - Gross 5,06,686.12 - 5,06,686.12 4,14,836.82 - 4,14,836.82 Less: Impairment allowance (#) (28,464.17) - (28,464.17) (43,816.89) - (43,816.89) Total - Net 4,78,221.95 - 4,78,221.95 3,71,019.93 - 3,71,019.93 (*) Includes advance against book debts. (#) Impairment allowance includes management overlay of ` 5,517.37 lakhs as on March 31, 2023 (March 31, 2022 : ` 719.81 lakhs).