Arohan Financial Services Limited | Annual Report 2022-23

169 | Annual Report | 2022-2023 Note 41: Financial risk management (Contd.) c) Concentration of loans (*) Particulars As at 31 March 2023 As at 31 March 2022 Micro finance loans 5,05,831.33 4,03,215.49 Micro, small and medium enterprise (MSME) - 2,216.24 Secured term loans to corporates (#) 854.79 9,405.09 Total 5,06,686.12 4,14,836.82 (#) 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 Companymaintains flexibility in fundingbymaintaining availability under committed credit lines. Managementmonitors 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 March 31, 2023 Total facility Drawn Undrawn - Expiring within one year 70,000.00 33,500.00 36,500.00 - Expiring beyond one year - - - Total 70,000.00 33,500.00 36,500.00 As at March 31, 2022 Total facility Drawn Undrawn - Expiring within one year 1,00,000.00 65,000.00 35,000.00 - Expiring beyond one year - - - Total 1,00,000.00 65,000.00 35,000.00 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)