PGHH_AR_2020

Notes to Financial Statements for the year ended June 30, 2020 Annual Report 2019-20 100 Procter & Gamble Hygiene and Health Care Limited 10 Trade receivables As at June 30, 2020 As at June 30, 2019 ` in lakhs ` in lakhs Unsecured, considered good 16 634 18 137 Credit Impaired 311 245 16 945 18 382 Less: Allowance for expected credit loss (311) (245) 16 634 18 137 The Company has used a practical expedient by computing the expected credit loss allowance for trade receivables based on a provision matrix. The provision matrix takes into account historical credit loss experience and adjusted for forward-looking information. The expected credit loss allowance is based on the ageing of the days the receivables are due and the rates as per the provision matrix. The concentration of credit risk is limited due to the fact that the customer base is large and unrelated. Movement in the allowance for doubtful receivables As at June 30, 2020 As at June 30, 2019 ` in lakhs ` in lakhs Balance at the beginning of the year 245 146 Amounts written off during the year (net) (12) 4 Change in allowance for credit impairment during the year 78 95 Balance at end of the year 311 245 11 (a) Cash and cash equivalents For the purpose of the Statement of Cash Flows, cash and cash equivalents include cash in banks, net of outstanding bank overdrafts. Cash and cash equivalents at the end of the reporting year as shown in the Statement of Cash Flows can be reconciled to the related items in the Balance Sheet as follows: As at June 30, 2020 As at June 30, 2019 ` in lakhs ` in lakhs Balances with banks: - In current accounts 4 033 5 549 - Deposits with original maturity of less than three months 84 371 47 041 Cash and cash equivalents as per Balance Sheet 88 404 52 590 Cash and cash equivalents as per Statement of Cash Flows 88 404 52 590