(vii«> Provisions, Continent Liabilities and tontirigerrt Assets

A provision Is tecogmeed rf, as • jesuir at .1 past event, the company has a present legal or constructive
otiifialmn that can be estimated reliably, and it is probable tnat an outflow or economic benefits Mill be
required to settle the obligation and thrre is reliable estimate of the amount or obligation

A disclosure for contingent liabilities is made where there s a prr'lhlt;; ohUgitlon an sing from past events,
[h* eiliiente pi which wilt be confirmed onty on th? occurrence or non-occurrence of one or more
uncertain future tvtnit npi wholly within the control oF the company or a present obligation tha1 arise
from pasr eve-ms where it Is rmt jjryhahte [hai jin outflow ol resources wiN be required to settte or a
reliable estimate of the amount eaonmbe made
(ix| Leases

Asa Uhh

A leave it s;l«ii1ind at |hp inception date as Finance lease or an operating lease. Leases under which the
company ass umei substantially alt the njhs and rewards p1 ownership are classified as finance leases. When
acquired, suchassets are capitalized ai t.'tir -v |lut or pirftnt nlul of (ho minimum lease payments at the
inception of lease, whichever n lower. Lease payments are apportioned between finunc? charges rind
reduction pt the Ictisc l.abilUyso as to ach.e-ye a constant rate of interest on the remaining balance of the
hahihly. Finance ihirjei .irr rmogniicd in finance costs in the statement of profit and loss.

Other lri*c* -ire fronted as operating leases, with payments are recognued as espense In the statement pf
profit and Joss on a straight limr ti 1^1 ÝÝ over (he lease lerm

(k) Impair menr of Non- Financta I Assets

The company assesses st each tcpnrtmg dale whether there is any objective evidence that a non-fmantUI
.liset pr n ^roup ol non-finawial assets are impaired. If any such indication evists, the company estimates
Che amount of impairment loss. For the purpose of assessing impairment, the smallest identifiable .group of
JWtl that generates cash inflows from continuing uip that jre largely independent of the cash rnflows
from other assets or group qF assets is considered as Ciih generating unit, tr any stich indication oasts, an
esnmare of the recoverableamount of the individual assei/cpsh Etjieriijng unit is made

fin impairment loss is calcurated ns 1he difference between an asset's carrying amount arid recoverable
?mount. Losses ere recognuerf in prprii or toss and reflected in an arlowanee account. When (he company
considers that there are no tealrstic prospects of recovery oF the asset, the refeyant amounts ire written
oFf. If the amount of impairment loss subsequently decreases and the decrease can be related objectively
10 an event occurring after ihe impairment was recognized, then The previously recognized impairment
^!0Ji is reversed through profn or [pis.

(XI | ^:Finjnciol Initrurm'nEi

r.rijmciji a$Hti and ' abflibH are recognized when the Compaq becnmEi a Dan_v to me

i n^,,l^>'.h[(L.ii nrL-¹.i".iÝ Ý!Ý--. uf [hi¹ inilrum'-n! Financial aiipU .ind habililje . fere inilially measured Ý it '.n^r v.iluc
Traninchon costs th_HH arc direrfly Attributable Id (he acquisition or issue oF financial assets and finjuinal
liabilities (other than fm metal assets and fbtancial liabilities at Fain value through profiI and loss) arc drilled
r.j cn deducted From the fair value measured on initial recognition of financial asset or Financial liability
The Tr.ins.itEmn rc-vt'. tHreclIy jtriHljUtiblp (0 (hr jt-quiiiEinn ?! firMr-tuil jssrts jncl lin.nnLu' l-.ibiliE Li jr Ifeit

value thfcnijii profit and loss are immediately recogmzed In the statement of profit and loss

Finjncl i¹ MsVumrnEi also Inc I l dr- derivdl-vr contracts Sucfi as iDreign cur¹ ency '! ur ÝÝ i[^i i ecthanjc forward
CMUKh, Interest rate swaps and currency options, and embedded derivatives in I he host contract

(Meet iue interest method

the effective interest method H -1 method pi calculating the amorlisrd cost gl t finjnti.jl instrument and Ot
allocating initwt income nr oKfirniP pvrft The releva ns period The elFecuve interest raie Is ifte rare that
exactlydiscounts future cash receipts or payments through the expected life ol the linanpial instrumeni, chi
where appropriate. 3 shorter period.

(A] Financial assets
Classilicaiion

The Cotnpany shell ctass'ly financial asse's and yubsequo "Ely mpayured ji amortised cost, lair value
through other comprehrnMvr income or Ian value through profit or Ý oss on the basis oF >ts business model
I nr m tnjgii^ the ; manual assets and the com i actual cash How characteristics o^J the financiaE asset

Initial recognition and measurement

4Hl financial assets are recognized initially at fair vjtue plus Transaction cost* that are attributable to the
acqkxsiticm of it™- financial Hurt, m the HH ?' lihanci jI assets nat recorded at Fair value through proFn or
loss Purchases or sales of financial assets that require delivery pi assets within * lime Frame tstaWith ml by
regulation or convention in the market place I regular way trades) Are recognized on the trade date, i.e , the
date rh,11 ihr company cnmnuEi to purchase or sell the asset.

Measu red at Ampft iicrf cost

A financial asset *s measured al the amortized cost H bolh the lollqwing conditions are men

i) Tht asset is held witFi n a business model whose objective « to hold assets for ctJtacting
contractual cash flows, and

H Coniractu.il Ihms cd ihr ,iswt fiwfl rise- urt specified dates to cash hows that are solely payments oF
principal jrid interest LSPPIFon the principal amount outstanding

After initial mc4durtfadflt such Imjn.nJl assets are subsequently measured at amortized cost using th.’
eltfeCtiye lhldf**t tn<-^L (t¹ !Ý:! method. Amortized cosl is calculated by taking info account any discount or
premium an acquisition and fees or costs that are an integral part oE ih? EiR The FIR afnortJ»Uon is
included In flmmee income in the statement oF profit and loss. The lOSSc! arising horn nopairmoni are
recognized In the statemenf of profit and loss. This categor> generally applies to trade and other
receivables.

Measured ni Fair v llur through other comprehensive income |FVTOCfl

a financial asset is measured at fvTOCi if both pi the rolinwmg critrrj.i ,>rr met

;! The* nbjrciive of the business model is achieved both by collecting contractual cash Hows and selling The
financial assets, and

ii) Thq asset's contractual cash flows represent 5PPI.

h-njnri.il .L'.M-t¹, inc. IliHltI wilh-n lhr FVT0D crfrgdty are measured initially as wf.l JS j C a at h reporting date
at 'Fair value. Fair valve movements are recognized In the nt*r-r rnriipri-hr'nnv^ iiUu^iv (OCI). Hawevrr, Lhe
company reeognrzes interest income, Impairment losses A reversals and foreiEO exchange gam or Joss Irt
lhr- fim'.r jnd Iv¹.¹, On. de rprogmlion ?( 1 hi' I, cumulative gain Or loss previously recognized in DC I i i
reclaiSifiPd Irpm the e-qinTy to pro-fH and In’,’, Inter pjr fjrnrd whilsl hnidr'.g FVTCJCI Ui-bT inslTuinent i S

reported ji. im»™st income using the tin method.

Financial Asset at fair valor through profit anil IGii (fVTPL)

FVTPL i-i a residuaE category tor imanc-ial asset. An* Financial asset, which dnes not meet (hi cftttflr Tor
r.iti'gorrT.ihon .iv ft amgrtlHd t'OJI nr a* f VTOlI, rj U.iSsiEiC-d as at FVTPL

|n addition, the company may elect 1n classify a iiri.miul ,iscet, which otherwise meets amortlied COST or
FVTOQcriteria, at at FVTPL. However, such election is alfowed only if doing so reduces or eliminates a
measurement or recognition inconsistency deterred to as 'accounting mismatch'].

Financial assets included wilEmu the FVIPL LJiogury are measured at fair value with alt changes recognized
in thepnofu and loss.

De-recognltloh

A financial asset (Or. where applicable, ,i p.irt of a Nn.incifl Hurt or part of & Cdmpfny nt %rmilar I n.inCiil
assets) is primarily de-recognued (p.e. temoved from the company's balance sheet] when:

ff The rishts to receive cash flows Pnom the asset have expired, or

m) The company has transferred 'ts rights to recejyo cash flows from the asset or has assumed an

oWiEat'on to pay the received cash flow} in full without material delay to a third party under a
Ýpass- through' arrangement, and Other (a) the company htfi trynifrrrpij 3dbst anti ally all lhp risk-,
and rewardsof The asset, or |b) the company has neither transferred nor retained substantially all
the risks and rewards ®f the asset, but has transferred control of the asset.

lilj When the company has Transferred its rights to receive cash flows from an asset uf has entered

into a- pass’throi*.h arrangement, ll evaluates If and to what extent it has retained the risks and

rewards oF ownership Whm it has ftfithw (rthtfwtd nof retained substantially all uf ihr risks
and rewards of the asset, noi transferred control of the asset, the company continues la recognise
the tranjlfrred asset to the extent oF (he company’s continuing involvement In that case, the
company also recognises an associated liability The transferred asset and the associated liability
ore measured on a basis Thai reflects the rights and obligations that 1he company has retained

iv E Continuing mvolvemen t that lakes the for m of .1 guar ante* over the transfer red asset measured
at the tower of the original carrying amount of the asset and the maximum amount of
consideration that the company caulcf be required to repay.

Impairment of financial assets

In atcorcl.ince with Ind-AL 109, the Company applies cepectrd credit loss IECl| model Tor nwjiumiheni
andrecogoition qf impairmenl loss on the following financial assets and credit risk exposure

a) Financial assets ihar art; detn instrument*, and *r* m«sured at smprTited colt c g-, Kj*nj. <lpbT

seturities. deposits, and bank balance

b| Trade receivables

Tilt¹ Company fcrilOws 'Simplitipd .lrpruaijh" 1-or recognition nf impairment loss alnw.mcr on:

If Trade receivables which do not contain a significant financing component.

The application pf simplified approach does nal require the Company to track changes in credit osk

Raihur, it r*cognite* impairment loss allowance based or¹ lifetime fCLs at each reporting date, fight

from He in>t>ai recognition

ii) For recognition of impairment low gn other tinerciel assets *ntf risk enposure, (he tgmpjny
Jcierrmfiti that whether [here has bec'n a significant -ricrease In the credit risk Knee Initial
rccg£nilion It credit Tisk has nnl .ncrLMved Dgniflt anlly, 12 month ECL is used to provide lur
impa rmoit Toes However, if credit r^sk has ncreased tignffitarttty, lifetime E-CL h used H. m n
subsequent period, credit quality of the IdHruireql improves such that there is no longtr j
significant Increavp in -Credit rick mi¹ in-risl rgedgn-ftion, then the entity revc-rts. to rorogrim«k

imppirment ig*s allowance based on 1 J-month ECL,
i 111 Financial liabilities Classification

1 he Company classifies all financial liabilities as subsequently measured at arnpr-tised cost, evccpi fn'
financial liabilities lit Tnir value through profit pr loss. Sswh Fiabililifs, including drriveliveS Ih.Lt ,m-
li.it- IHifs,shall be MpbseqvehtlT measured at fair value

Initial, recognition and tneo?ur m(m

financial JiatHitiCE anr classified. al mitijl rpcoftnilign. at financial li.it: >i1 In at 1 a ir value through pinht Or
FC>vS Cm imenilfd LChili.

AN Imancial liabilities are Trcogniied irtiij.illy ,ii lair value and, in the ca*i of loans and horrowmgi and
p.Lvah es. nci pi dlrrctlj atir LiuuLIl' rransacuois cosis.

i tie company's financial liabilities include (rede and other payables, loans and bn:rowings, flnfntul
guarjnlee contracts and derivative Tinanclil instruments

Financial liabilities at fair value through profit nr loci.

i Ý r-inc ai l>abi itin at fair value through profit nr loss iru lube ¹ n.innji Irabilitrec held 1 or trading and Inlancial
luh-htics drsignaii d upon initial reecf.nliion as at fair value through c'dr or loss financial liabilities are
classified as held for trading rf they ace incurred For the purpose oF repurchasing in the near Term This
category also includes derivative fmartial Instruments entered into by The group That are not drvign.iu-d a-j
hedging instruments in hedge relatiunships asdrfintd bytnrfAS NJ3 Separated embedded derivatives are
also dassiT'C-d as held Fur trading unless they aft designated as eftenive hedging instruments.

Gains or tosses on I labilities held for trading are recognirnd in rhe profit or loss,

financial liabilities designated -itpoo initial recogmtipn ai birr value through profit or loss am designated at
tFie initial date ol recognition. and only -t the criteria m Ind-AS 1D9 are satisfied, fur ilatulines designated as
FVT-?l. fair value gams/ losses attributable to changes n own credit risk are recognized m OCI These
gams/loss are no! subsequently transferred to P5t However, the COrnp.my m.iy Ýi.iT.tH'i lhH- tumuljtive
gain or loss within equity All other changi-, In fair viiluv bf such liability are recognized in the statement of
pi dirt or loss

Loans and borrowings

After initial recognition, interest-bearing loans and borrowings are subsequently measured at amortised
cost using the £|R method. Gains and losses aft rtcosnized in profit gr loss when the liabilities are
derecognised as we II as IhJOUE h | he £l R ,i m grl iy jI inn pr ?(£»

Amortised loyt h calculated by ran'-E into account any discount or premium on acquisition and lees or
costs that a re an Ýnlegral part of the El fi The £tp amorti sation ie i ncruded as fina nee costs m the s1 a ttrmcnt
of prplit and Toss-

¹h.s category generally applies to interest-bearing loans and borrowings.

bimcpihlDn

A Financial liability f3 derecotfn^:red when (he obligation vnder (be liability I' discharged P^r CflrKPltcd nr
empires. When an earning financial hahlllfy is i*pll*ert by another from lhe same tender on substantially
diFrerpnt lprtrvs, or the lprm-s oF an esHStinfl natality art substantially modi(iL"d_J such an isrehanE? or
modilrLatnon is treated as The derecognition of the anginal liability and The recognition of a new natality
fin' MMIcrn'ori' ii 1hr respective c air yn-ig amount! r. rnrcj^uL'd m [tii^L SlytrrriEtVT of piufiE ur loss.

t-hF.¹ iisurerr.L-nL ? I Fair values:

The- Company's accounting polio es and disclosures require the measurement oF f?.ir values, for 1-in.nnt i.il

instruments

The- Company has an established control Framework with respect to lhe measurement od Fair vaturs The
manage jntn( regularly reviews Significant unobservable inputs and valua'i&n ,;rJ;uilr^,rnti If third parly
information, such as broker quotevor pricing Semites, is usl-J in measure fair values. Then the management
assesses she evrdeqce obramed 1rom The third parties id support the conclusion that such valuations meet
the requirements of md AS, including the level In the fair value hierarchy In which such valuations shoul-d be
ditM

WhL'-u mL-aiuring the fair valno <?F in asset or a liability, the Company USE’S observable market data as Far as
possible fair values are categorised into drfferem il^-vl^-Is rh a fair value hierarchy based on (he inpuis used m
the valuation techniques as follows

Level 1 quoted prices [unadjvilvttf in .ichvr imrlttit for drnti(frl Jisftj Or liabilities,

Level 7: inputs Oihfr (hon quoted prices included >p Level 1 that art observable Tor lhe asset or liability,
either directly (i.e. as pneesf u- indirectly |L|. derived from prices].

Level 3 input! FPr lhc asset ur liabhTy thal arc not based onobservablo market data funobseryable
Inputs h

If the inputs used ip measure the fair value of an asset nr a liability tail inio dillcrrnt levels of the lair value
hierarchy, then 1he fair value measurement is {ategori&^d in ns entirely in the same Eevel uf (he fair valor
hierarchy asihc lowest level input I hat is significant ta the e-nhre measurement.

The Company recognises transfers be-iween levels of the fair value Hierarchy ,n the end of lhe repealing
pcripddurtna which (hp change has occurred.

J| On f(h >finv_fr\ ITOJ, the MQn'bri- NCI T Order E^h paiscd Jfid outer In IA too LmVZWt m CPUPJNo
29B5/WBVC I'/jn | s [certified one copy a< o?der receded on January 1J. ZQZa) regarding the ipjKOvai or
ReiDluliDn Plan tv the Hen ble WLl. Fru-m Lhe dal* dT o’der RSAl lleel Private Limited Sealed la 6e lhe
tuhudinrv of IF.¹ hC Vrr>-.ev Limned Ithn Hr ding. LompanV Airordinglv. 1he Company 11 n-n1 having anv
i*ttfof*yenhe iiiiitiMihagementol hsjl Bitei Pfi*3ie Limned

bt Lompanv rc Ji L. jO.OOO tipii'ly ^kirel or Ac^rolrj-de Enterpr^ci Limited., id the fidarWial YtAr ZD17L9,
4fr«nda Jnreroriwt Limned u.ffered ivige kntH and conmunt upon rts net mgrth hat been 1uiiy
eroded Considering ihc nef*t™£ n>i. _w&nh Company nas tfov don tor dimlnudpn. in [he value 01 tta
irwcttment m Equdv $hi«n far fu Ý va-lur l.r (Li LG7 7L Lact m Lhe ^Litemedl or Proto ard Lc-iv during tt-.Ý
FT ZDiB-19.

Note 34 Financial Instruments - Fair valuer and risk
Management Financial risk m-:n j [tmt!nt

Thf COftipanv's n^r,ncip:il hn.mCiJl Ir3biliCrei, Other |hj- derivatives, comprise borrowing li idj- .1111J
?1 hLrr piyjt>k-i. and financial guarantee contract. The main- purple oF ihcrt Financial lubilnies is to
manage Finances for The company'} operation. The company's lifianaai assets comprise investment,
'oan and other reccivablFS, trade and <nhrr receivable, cast', and deposits that artie directly Irpm iis
operations.

T3-.e Company's activities are exposed to market risk, crrdir risk and liquidity risk Ip other lo
m.nLmiir idverst? effects on the Financial perform oF the Company, derivative Fii-.aneiJl
insirtimerns such as forward contract* Jfr entered into to hedjje foreiRn currency risk exposure.
Derivatives are used exclusively Fm hedging purpose anp not trading and speculate purpose

The Company Has exposure to the lollowing risks arising from hnancral kiUfWWntK

lip MpJ-kpt risk
(j| Currency risk:

"i Credit ri}k: and
fhi] liquidity risk

Risk m.in pg* mpnt framework

I he Company's. aclm'ifS r-Kpuso it ^(<5 ? v;rrir-ty <iF financial rliki, including market risk, credn risk and

litiuidnv risk The Company's primary risk maunBempn! (Of us is Id .......milt potential Jdverse ejects

?F risk;. on i-ii financial ceriormance The Company's risk management nssesimeni and policies and
proM'«*^ are established 10 itlenl-fy and analyse The risks faced by'he Company, to set appropriate
Fisk limits and rontTnls, ,md in mnrittpriuth fiiks and compliance rtnth the same Uisk assessment jnd
management poises aed processes arc reviewed regularly to reflect changes in market conditions
and the Company's activities. The Board of Director and the Audit Commiitre is responsible lor
overseeing the Compan/s risk assessment and management policies and prpttsies

(0 Market risk

Market risk Is ihe risk pF changes the market prim on account o' foreign exchange rates, interest
rates and Commodity pnees, which shall affect the Companys mcomc or the valm; oF its holding of
Its Fin a octal instruments. The obfect-yc of market risk management IS TO m.inagu and < uni rill market
risk exposure Within actepllhk par*metfry while OpumiSartg lhe returns.

jaiCkrrrenoy risk

ThL- II-jiEu.inon In Foreign currency rxchangr rjtOS may have polunLi.il impact on The profit and loss
account anctequMVr where any transaction has more than one currency or where assets/ha&ihties are
dimmiHri.ilrd in a currency pther 1 h.’i.i the IC i Ý" C T on ill currency qF lhe entity.

As on ilsi March. lOSa Company I} not exposed to foreign curtenpy risk ts (her* j:r no
rccewable/piiyables outstanding as on date.

|k] Credit Risk

Credit risk's The risk of fioanoal loss to lhe Company f a customer or counterparty 10 a financial
mslfuimem Fails 10 nveet tU contractual obligations and arises principally irom me Companys
mcoivat-les from customers. Crc-ditrisk Is managed through credit appruvals, eltihlilMog trrdit limits
and LontFntfOusFy menltnrinj the credit worihiness of customers to which ihe Company grants credit
terms In Ihe normal course oF husineji. Th* Company establishes an allowance for doubHul debts
Ýmd impairment that represents its estimate cd incurred losses in respect of trade and other
recewJbdes and investments

Trade and other renewables

The Company's exposure to credit risk is influenced mamty by the individual characterises of each
customer. The demographic* oF the cusiomtr, Including thL^j delauK risk oF ihe industry has an
influence on credit risk assessment Credit risk is managed through c^redrt approvals, establishing
credit limits and continuously monitoring the creditworthiness of customer! to which the Company
grants credit terms in the normal course nFbusiness

Cash and cash Equivalents

The Company holds cash and cash equivalents with credit worthy hanks and fmanc-uil instilutions or
fis 47 41 LaciH at March 31. .£074 [mvtwt Yhmt Ri J6 97 LjlsJ. The oedit worthiness of such banks
and hn.iriLHJl ihiiiTutioniis evaluated by the management on an ongoing basis and is considered to
be pood

I im} Uquidlsy Hiik

Liquidity risk is Che nsk that the Company will not be able to mrei it> hnanciol obligations as they
become duo Liquidity Crises h-iv Ird tr: default in repayment ut principal and interest to lenders.
The Company had taken measures to ensure that 1he Company's cash flow from business borrowing

IS 5Ulf>oer\t td- meet the cash requirements for tftr company's Operations. Thy { nmpany managing its
liquidity nrrtff by tii.jm-turii>j fofVCHt*Jtish mtlpwS and Outflows in day to day business. LFqUiditv
needs are monitored on various time bands, on a day to day and week to week bests., as wcU _{ai on}
t hr h?}i) pi .1 miring 3D rLiy prpji-cEmns. Presi-nlJy LOmpart/i utijtClivl¹ Ý& TO maintain Suflltleni cash
to meet its operations] liquidity requirements

Note 35 Capital M a nagi'ment

The Company'-* objective when manning |h? capital is to safeguard the Company's- ability to continue
at a going concern, rn order to provide the ftium to shmrrhnlcicrs jn-d beneFiti io other stakeholder's
and to maintain an optimal capital structures to reduce the capital

The tonipany monitors capital using a ratio of 'adjusted net debt' to 'total epuirv'- For this purpose,
adiusted net debt is defined as total debt, comprising inreiesi-branng loans and bprrowii^s and
nh^:if,it,pns under fin ante leases, less cash and cash equivalents.

EPUItV Composes oF Equity share capital ,md Other I’quity Huwrycr. -in 'jii-Vi of :(-r1,nn advert* factors
and liquidity problems faced uy the Company, the net wunh uJ the CmptHt has been eroded in
previous years,

f. Dividends

Ftp dividend is paid bv The-Company In fast Three Tears,
ft li I c- 30 Fin indal instrument* by Category
Ac counting classification and fair values

The lolhiwmjt jablr jlrowt the carrying .mounts of financial assets jr,d Financial liabilities, Including
theif level ir (air value hierarchy. It does not Include Fair value informgMon for financial assets and
financial liabilities if |he carrying amount is a n'.ison iti!ÝÝ .hppioiipnJliOn li1 1.iii value. A. £ubsl.11 .(Ý .11
portion qf the Company's Ifliigytcrm ih-bt h.is been contracted at floating fates oF interest, which are
rutl .it'.Iiuri intervals. Accordingly, the carrying value of such Eong-term debt approximates fair value.

I.B| Measurement gffiirir¹luei

Valuation teciniquus jivd significant unobservable nputs

fair values are categorized into diflecenl levels in j fair value hierarchy based on |be input¹ used in lhe
valujtionterhniq^i .is fallow

Ý Level 1: Quolcd prxtl (u n. il ij.red) m aenve markets fur identical assets or liabilities.

* Level 3: In puli other than queued prices included in Level 1 Lhat are observable Tflr the usitt
at mbiMty, either directty (i.e as prices f u^r indirectly He. derived from (Kites).

HDtt4Q

Company njs mjdr [hfr protHjioftJ Inr llod & Lhfcjb^ul IVnt-i Ý n f T }Q1 Ý! ,'Ý Nil <gp ns tui!o™*fl iH^v-Sui ftir
Rt H Ý!>

Nott<l

Ip wmc rjifi. cgrlirm^iipn gl I0.1 "ii. Hhllkfi, d'.¹ ?Ý?nty, drbtan jrdcrrdijgn gif; ngr r«eiwd. Tnefjlcrt,
sgmc shewn j: ptr buc^s ol account Nc£tMjr_T acji,S!mtrVJ. ,1 any. wHi be n*tfr o-n inidncilialiiHii.
qua nlum nf iinpjct 11 ? n> rsr, jsctr(jm*blt

1

Level 1:1 npwK foe1 he asset or h ability mat are not base d oo observable mn rk?t beta (u nohserviibk i npu rs i