Good notes. Thank you @suru27.
One point I would like to call out – Company lost Rs.2,388 million in Cash Flow Hedges, which has been directly routed through Balance Sheet (OCI):
At the moment, I am not clear how exactly this works, I read the accounting policy etc. but the exact mechanics is still not clear.
My main question is - will this be eventually reversed, and if so, under what conditions? If those conditions do not materialise, will this eventually hit the P&L (… will be subsequently reclassified to profit or loss") ? If you or someone else is aware of this, please help explain with an example! Thank you.