{"docstore/metadata": {"67b01cbd-3520-42c9-9f68-b452cfd11944": {"doc_hash": "9051cabfa7556328b751ccd4ad5e4e0a726d6110c3b32f0d9b364c02b7f34901"}, "bd37945e-8305-4473-a56f-5500d4537bb7": {"doc_hash": "45168773a1c4d5378bc195a60a0dca55ada25a058edf114f0205f9abab3aa0d3"}, "acac6aca-512a-46f4-9004-b3391a0b06cc": {"doc_hash": "a8b19615e666638bb709e81362969bb62db747e4bbc5537ca81dd3bc4e86d6a3"}, "4459d70e-92fb-4e96-9544-9130a931c70d": {"doc_hash": "898d750b5ddf6aebfe2fb1d804cce494e5a5cae6e28e9ab4d4e675bd81842fa7"}, "986477d3-141a-4507-ac9c-d1493b9b07ab": {"doc_hash": "4c6ce37fd1c549b6acb5e89a35497aa63c29af44c46f4f7b5da75f11112c7b08"}, "f45052dc-a8c0-408e-8dbb-b2ff84189ea9": {"doc_hash": "e936bbc291657ad005f126e1cafa790615645881feccc1036fd409b5fd66abb0"}, "521a1a8e-053d-4676-8453-689b4419db31": {"doc_hash": "1993a295b6b57bca38e7799968322185846ec8ede7018052a97ea13ce45c2687"}, "306908be-f639-4c40-96bd-481b1b9b6071": {"doc_hash": "e79425060d8762653754871983fd32cc45d57021b9b801637d5d6c9a4f1063ab"}, "5f08ffb7-62df-49dc-be20-a2812aff36ba": {"doc_hash": "db0fae11c43d85bac2ef0122040e41c39e526f265319bfaa74eb2321acd95a05"}, "4ec11fe8-a690-4225-9c2e-f25a45b1848e": {"doc_hash": "5b793e734398e66cde689758c43fa667c336ad5d732bbc3febeb83246ee13129"}, "1d5158f0-67bd-481d-bc7b-710264ea3244": {"doc_hash": "9a9dc92fe1aa7a5ba80c440b713e69c1d7584633d0bbf94cf922d0efb40209ce"}, "02cd64e5-9227-48fd-bc37-222e94364eae": {"doc_hash": "07ce976cce0d4f0f3fccb6fcf988675409e6067dae57f28b58d64a86875d7702"}, "b39e9b4f-27ca-42b3-bea4-24407808f5ea": {"doc_hash": "81242f7b6eec2ca04e473f2d569fca24573d6c9999e530f9eb12e1db39fc7fb9"}, "03c2605c-686f-4f7d-9a3e-11609f3e78ef": {"doc_hash": "50f406db6d83dd679e885d0be114b416e239822f88b9ccda97ab0b1b663fdcfe"}, "3391c1b0-e488-44c4-ab47-e9c78bf1c97f": {"doc_hash": "c302159a9da45091a57e51842b9b4a1a57d25bcdaeb96b31033488457cc7ef8e"}, "deef860f-2bae-4868-a886-d8667922d01c": {"doc_hash": "ed7b07df3767f66b02416dfefe79ca9fc17d126db6287cd2e4c843583eef05cc"}, "cad99992-271f-49cf-b2c9-1d62f2557864": {"doc_hash": "76834a25a33aa2e0a9ccac12ae548418057a6659372cd642ae8669ebffa906f2"}, "2af0d11e-1392-4960-b4fa-f25857ba2066": {"doc_hash": "045eb223b32a2b9df6a34cc07c3752cd9296ced0870213cf86598afe574bae17"}, "ab7f27ad-dcd8-4eca-91fa-662641649608": {"doc_hash": "37e8aa42f48105f1ee251ba9c4de4769a40bc37ae2f15c285fef8b23051eb5f8"}, "cb9b6936-4b4f-4fad-a6d4-6102c9a08c3f": {"doc_hash": "c81e97f8b5bf7bd3d40db321742987a3ad023cbf7378d2245539e170ef1e5ef0"}, "e4a57a76-a2f6-475b-b8e9-8570750b8c85": {"doc_hash": "4c6417f799cb8645bf2069f1c1896cb2ecba1860c4902a4479999eea6acdffc2"}, "38ec6cff-f199-498c-b94b-70a8c11515aa": {"doc_hash": "78931ecd7ce49e130f75f2be3c937ddde2199ffa2734ab8ec178849a1669052c"}, "1ffac8cb-c15b-4664-bc82-dda10bc674a3": {"doc_hash": "4c9713eb11c056bb8aa16a628b9435b4c9a2984d681c9b20bc621dc7b0972bf5"}, "ebaf9942-9e7e-43fd-8607-57b55b9f2e55": {"doc_hash": "6011a007d4bc614de87b2bb5f85e950db5cf3bfcdc8cf804c356ef2292910460"}, "5ab6dd71-8cc8-4c5a-a30f-419aa8c4d49e": {"doc_hash": "cdd0dad82d74c58c6829c368804ea72d7fea292b90c9731e68fc4328efcccdd4"}, "36d52a37-b503-4825-acc8-d0677d4d2f34": {"doc_hash": "36d5273cf3c60df7f504b7ea60f356b687b41a92b123045381535d3794a8cd6c"}, "24539908-8bf6-4c32-9e4c-5bc6c322a7f5": {"doc_hash": "1a28bdf91e099d17a01ffc59f87a7e3442518dec165f0c7e4cf1caedccd2a93e"}, "0dd7816d-8a84-43af-b962-edbe4c314e8c": {"doc_hash": "ed497e91b38bc94cc6dab5ae37fb19087bd603d6a0c8aad48def9b53b87321d1"}, "c9e10d62-eee6-40d3-a9f9-f397d5f665f8": {"doc_hash": "61d1da16ad4a52b35783212e39a79a5cbd2ee5cc2f9ed7484861bd7950f47d82"}, "939cff89-2e19-4528-9913-e65642d2d25c": {"doc_hash": "156cf921fbf015f6ff0d8fbaba20269229c25e704f224e33f4c5c353a5ec72ed"}, "29b5623b-6adf-4a64-9ec6-966e7af1479a": {"doc_hash": "9ce81e0259267841df5c6522c5930838d7bed220c4a5a7468ac09d38b4d0b549"}, "a0b032fa-b5ae-40db-81a0-29a89f7c05d4": {"doc_hash": "dbe7f13949a468badb67d3fab6ec6f9c0fd3426f77f34484c91871a72dae9038"}, "6fb3ad1c-8d79-4cf3-a90f-0c1dbc94c9a8": {"doc_hash": "ed99edc9ebc164ef618bbb6eb467b3c2fff88b8b0bf4da396e32515fa14d0c67"}, "3891cd6e-0244-4b82-9688-ebfb115abc42": {"doc_hash": "ea40b0187c9e13f5bf2d9039036c34010cf5d28712d05578f7f2e8627dbc9088"}, "ae1fc008-487d-47ac-92d7-870baf7449d7": {"doc_hash": "a512bd8bf12e39a1090f83d1840af2115abe56a86814c3d39ab9d3d52f4ed432"}, "5f1a4171-890b-44a3-a6fe-884c100faead": {"doc_hash": "a89eb0528e3512c157a560308b7bd6e97625d250aa8284dec9195fa4d7bc301c"}, "af5a1392-d157-4ff7-a93b-a02eb8efe68a": {"doc_hash": "e3a9399b7853758fda693650b5756c11d1e7bed5ed47a72c63872319593637e7"}, "e806e471-9e38-451d-a74d-b0f542df5ec4": {"doc_hash": "792ac52477ea1c8e23aacb99b2a93fad18145623d9cfd3737431456b47e74848"}, "e46e4f40-9edc-4c5c-877e-3b1dd05a374b": {"doc_hash": "033637f0af56f83f5a3de6056f2e330b3f4fe66658b8bc5d971af74181242c4b"}, "8db2fd86-be2b-4f44-a294-59480870a440": {"doc_hash": "e915a34d98f7ae06b95bfddb5b9fbbedbd5c5561ce298145d75b14a1f4f6d487"}, "37d7af97-8f2a-4a43-9bd3-25cddbbfa140": {"doc_hash": "a4bea4781511b8cd1d40d6d55b6707548ac8e9dbebcf7c3ef098418de805d25b"}, "e304a855-da02-4bd7-8585-0dbf9a4ad74d": {"doc_hash": "e5ccadaee3ce9fe1ef8a2433267c87265580fb30f8fa6b8518917d10d5db9213"}, "ae5909d5-1347-4758-9524-e37c4eecd6ca": {"doc_hash": "ccf137a8db88b1b5ec2e3731fb9fd1d461d424cf41ec77f2a1d803f8690df90a"}, "1422f60f-aed1-4167-8f6f-81f030a4659a": {"doc_hash": "35349d812103d19710c726f9a901cdb1997ffc1b1797e19a3189b7dfb65ab29c"}, "5e3484aa-f344-4f1d-80be-9b1dfa13ba6d": {"doc_hash": "67e3eb0dfdf7127f7e9ca37cf3da1a8ad80e683a4d85da01c604a222353b0234"}, "df08bb1c-a89f-4262-8a59-006fd29a29f5": {"doc_hash": "21e34e1b8bff86f06f018ca5105c57106f14937d318474d03dd32a4b67aea03c"}, "9dc6538b-cfe1-4852-a829-e4dc9950546c": {"doc_hash": "9682df16d18452e122bf571f77c7e4e7f7e552c5c86a4f8c2d8d9ef5566d6481"}, "cc370dc1-8c28-4eab-8ca6-fa65bb69a863": {"doc_hash": "a473a1aa43c2254020d2fd13cf3ba9cda1b89f55e4dd027aed1b9851463defc2"}, "33950d5a-aa80-4004-b079-f8e4d18215be": {"doc_hash": "07f4c62f7923d6084f49fc450bc4861eae36b062e23f1e7b3905ae658032a00a"}, "ed9c4490-8860-4bd7-aa0a-d0613191a84a": {"doc_hash": "17fb08065b77081c4c1c11c6f0c84b2f50d14e562dbd779879bb07aedf17bbb2"}, "588d17bc-178b-418f-ada2-bc166e4c9195": {"doc_hash": "b06c787db6caaab440b7a8951f3952958118f5165599c281c3ebca72d5a3bc05"}, "3a075b6d-ca23-423a-bb1d-d57c374809d2": {"doc_hash": "376f006b96c75c70f6fbefc46826e288b8c4f659890314e3d80eeefec0d03e9e"}, "31e1f748-aaaf-429b-9d4a-3dc462fcc50b": {"doc_hash": "30b6104edcc855cf3c651809d58fd61ec28c66c92ee218cda6c38bdf99a8a104"}, "210cd3b0-1e81-4200-86c4-eec5b2fdf1dc": {"doc_hash": "181d6a5d0f01fd5af4200ceac7b68d620b3f2e0a72fa21f7d0c47ac2b9bdfbf5"}, "9c2b4e5f-7099-4ec8-b7c7-2b41fd116e6a": {"doc_hash": "bd348e2bcc105b4d5d024d2ae004b132b46435e234e9a13012756af13148f805"}, "612f61ab-238f-4d9c-ba42-ad6091940625": {"doc_hash": "1180d044aec9623ab97b6125a97532bb0642832941e51ec882f93f9f08ac3f6d"}, "578d173b-5798-4340-a3e6-574cc2768df8": {"doc_hash": "ac0a76f276f0a834e0990315a6ee65ebb82d74fec61320134189afd37415c316"}, "2946c7fc-2184-4972-b866-f97593d55841": {"doc_hash": "9c8e55f1a71e25e6ae450854188a609b1c246bc30d39ec63f41008df8f3442fe"}, "8a899f5e-b5a6-4a78-8e2f-db870cbee2de": {"doc_hash": "82b4495f94b6893228650f6cd37d30496bd51d96d6f8ebee6605859385a937d3"}, "4705907d-e082-4799-aa3b-e21a1f4ef8ed": {"doc_hash": "b088155c125d6a8cbab779128e0e9fa2777d3014b8275f2d7f8cf256790607c7"}, "10747407-8453-41f0-92e4-a7fe0ce604b1": {"doc_hash": "ce02525b4936a560d06977528a2771e7efd11abeeee46c55d1706425f0583c27"}, "e6a65fb7-0b15-4313-bf2d-7574c117bb54": {"doc_hash": "d6dfe5bf84559eaa07132317150bcc27a0f98fab5b5a7e369f15a913ab56421d"}, "a35a2c32-98d6-4f52-bf11-d8ebd42cf366": {"doc_hash": "60d84186a94037812493aa522188c95630fe9a11f3791b4677074bfb53e8ea6c"}, "1cee0cd4-f992-40ba-ad0a-99c1960d1f9a": {"doc_hash": "481e70ad14af71accf4bab597d0e4483b6c6ca360cfecd329e5e20307c80bbf7"}, "10babb4f-6c9b-4d45-abfa-d0851847e2ea": {"doc_hash": "b14ec3498e95f42da4ee4dd461683635872b0b509336695a2fa0eb2b9570e291"}, "e9d550ba-9d49-43a9-a825-c1df87070c42": {"doc_hash": "c57da9d29f874d33d93d580407c30389aef670363aff0f4e9593509e17a4947c"}, "b6131e26-39e3-40ec-950a-5d8df0bb66f4": {"doc_hash": "bd08a3343e594b72432eafc83552ad4d6cb7f1dcc261afa8066d62f57c30399a"}, "2b93ac92-99e5-49d6-b621-18e8398b4c34": {"doc_hash": "dd8a714f01ee61c3edd654243a9167a66cae5ec6daed08326d1e3d45d26ecf9d"}, "d7196f9f-034f-446c-9e14-8ffe6c8a4640": {"doc_hash": "d6acdca6484db43a28e8d9eba9516754108a6573667782df54d68935cafc566d"}, "947c2300-65a1-4adf-aadf-b5b16f7393f8": {"doc_hash": "93b6f316d3c7f30ca5d6b17ae5d5e0b5605b03441bd52eba65b1d1d443e20ea6"}, "360f3365-e541-4075-9090-dbdac6a76cee": {"doc_hash": "02a26a00563a20eb39f38cf387fbe1b5ab7241388879dfd16177305115dd10a3"}, "d5ad60ff-564e-4d32-ae36-38408bd00e9a": {"doc_hash": "e1470cd0533c3b3ea8a74db2f689c188c941114b0e6a80322e867ee7fc9fe050"}, "d5a85302-a5e0-4068-a7f3-f7221c72b2d7": {"doc_hash": "767609839598dcfbdfd2328f3fcbbf172a18c0d7f6ab32a038497c4603155bba"}, "c04ab342-1ff3-48f0-84e5-aed425d44597": {"doc_hash": "954d2a317726bbe5640f0538c0a1a8b6a6e7a5a76532003fe4b4e0d46656dab4"}, "c2021f43-9b6f-4671-a6c1-0ac0ab3e0cb4": {"doc_hash": "fd1ee20a68700acc29282ff778b74b00c8be2f0ca9ab1b9ebe358523697f81e7"}, "88accf94-342d-4a90-bbc9-bb7f1712659e": {"doc_hash": "3f68b1dce1baf4326bb0ff921323376e60adfd6ff39bcc9bb4947721b3d17b10"}, "e011a64c-de58-4bf5-8afa-0d01b19ba3d9": {"doc_hash": "25909339348078bfbf0a5da8f838bcc261990e4da11b8b05da96a863bf99e236"}, "6a24e0ec-3999-40f3-a210-96c9021512b0": {"doc_hash": "4dc6f70ffe256bd6a2c8222dcb8c82d6bec6f220566464b9e2ddf08c70b2c084"}, "981a4537-a55d-44d3-8cd0-980e2c92c06e": {"doc_hash": "2c6191ef240b4bc7594ac04336987477026240d17d423b3bda153de2f1ceb14e"}, "bbe5ed53-ce53-4623-b49e-31cef9d8272f": {"doc_hash": "538a2320928451bb5a7f6cd9d41979a9766f9ed5e27a16ba509903875aaa4fe7"}, "819ade15-5d64-4e44-8c5e-e4a086539b98": {"doc_hash": "05ab3c01ed870a2a73ab334c6dfcbf71c9c2b1073a8a565273986f130191bc53"}, "02eac51a-31d4-443d-accb-f1d1fd7e0370": {"doc_hash": "c1ad01310de105720d7290309ea5c5812b11e06c6413cc427c7ed367c09d80f6"}, "005bdf71-939e-4f33-bd55-32af4dedd364": {"doc_hash": "9ca740bd35ba8d04d4848775c38f99736753f7c7fd10395f7a8513dea37738f4"}, "63e5bf4e-b93e-44d1-9847-fba946c3d4da": {"doc_hash": "da4148336956f9b958983fc27342e758662c0daeadba4cdf07c78a297206273f"}, "51b813c0-14d7-46c8-8e80-c92cfa81152d": {"doc_hash": "bad1257d9cd2a4e925291a5ee2816e0be7a8319684ca418d772102debd84843f"}, "03ce5caa-7256-4c78-9993-ea35c777f5e7": {"doc_hash": "bd6bed02274cfb66308ff415b8ad4fcc8d97ee1b42a251aa48b66a6e379426d0"}, "02b47f68-907e-4f5c-9e35-21cc4770ac74": {"doc_hash": "b750a41f9638d7abc9edd6d411d8fa6f93704694af3223353f16e9aeffa0db00"}, "ec5593b7-c3b8-412d-8a7f-2cfb62a2faf3": {"doc_hash": "df8e4fad2571dc89772f62d36ce633fc5a3a0441de9836c3504aaa051800d0d1"}, "28a82910-12b2-4bcc-b709-21f3d7231338": {"doc_hash": "646ebcd20d1064263234ab82913aabaae5c78549cd52523aecf322bb3b7d74ba"}, "3c601d33-fffc-4403-9aa8-9f1b110acaeb": {"doc_hash": "d2f4d8b2c4f480abc5b72b8a79f8845ec6dd49f6778003e1204eb0dc8da7aff0"}, "8417c1a5-8da6-435f-9599-c8bccb94a1a0": {"doc_hash": "8e3bbc11f0f9108ff128342ca3f4acce1c6c73f29962594a75da60f1717a7ab7"}, "c4554840-6815-44e3-8766-adb80460fa2b": {"doc_hash": "983a7b6d7dd6baac39ba815c058f1cfb9ce673c6ff2dd1c09cb1bef9a0ce8581"}, "90d98772-4870-4417-9c7c-4bf50533d6e9": {"doc_hash": "15acab6fa9ca11c7690bbc3c009565150b949e2006f3e61b59a16653ee56cb16"}, "a75887ab-f65f-4772-8ca3-e0858b075797": {"doc_hash": "28f5f5435d37fc08b69df9223bf152dcb47b48c5ce507433fe26c4b99ff64cff"}, "65131bb6-5379-443c-ab7f-d7a3ca3255d1": {"doc_hash": "fa11ac718d4ce3eb682df177b0f61bf6b4b80adad1de003d90e5c93cc09ec6a9"}, "740bc662-8870-4426-b240-5c50d68c913b": {"doc_hash": "bebabb617ab9d1a6458a4fa93b9d51acf114f31e5a9b744c05df97396bc0f473"}, "0a6d186e-789d-4d3d-b8cd-a06fb0632505": {"doc_hash": "907359477e074a2e37fffbbb148763801ecc917418f0c941eb8410b964e65327"}, "3034d23a-4bcd-4cd0-8b93-032bb39a2109": {"doc_hash": "3761b75b277e09a4e18eefb18a3a7bcf7ff15dade54eb8bfdf4cad68a208ba46"}, "d1d5aac7-eba0-4262-8aa6-c973d02dc925": {"doc_hash": "a954988d7516f55f55a92af3a26e329f4b92d74129624a9bd4a643989074dad3"}, "4ce3f313-f32c-48f0-9969-cf6bd9fcfcb4": {"doc_hash": "1289e44ab5cda4426b722793d05d90da478499db807b026be6b47305d4a71d52"}, "9634ada7-a4e0-4166-9a1b-866884cd6a91": {"doc_hash": "b9bdb562678e54923d09160bb051a8680683bcffaa23e70929a184933145c97d"}, "fc9fbd0c-2859-43c5-87ee-ecf430034c48": {"doc_hash": "e7969f0ed0b4a1c9bef4fc77caa24c8eb028543b8cd2d072bf159625e49c9a69"}, "a897dc3d-9f96-42b7-bea3-470158678db1": {"doc_hash": "9007bb03f7d126cc39a98a6305333f2031e2c40c3d10483a9093940b390157a5"}, "f45876ee-dac2-4ecb-a20b-2e4b838b96f5": {"doc_hash": "78c6ffacd5302f9df176ba24bcf540771887935133478304e769da945f0bf5f2"}, "2f5d326a-515c-415d-9350-7bcddde4a774": {"doc_hash": "60ee507de244c649f4b71b3adad0195fe110762e9794b587886e2f14d79be9e6"}, "729eac02-7f9d-4a4c-b3b4-ed4919d16782": {"doc_hash": "d537004f3f0e0d15f5f0b9b44c077221f748682c6431631dd1ef07c6305a6e0f"}, "600f26f1-16b5-4d26-bb38-1544f3a171e4": {"doc_hash": "e17c015000c3a67f645e02af77edfb8fd90ede19481dfba1d0c681fe0329653d"}, "ef51289e-5719-44be-93c3-51b795ad249e": {"doc_hash": "8b8e6952be9714a39c8faaa91badde563235759903f96578829c1aabfee037f6"}, "3151ba61-d6af-4de5-9252-b03bdf635a7a": {"doc_hash": "4142afc88ec22a782f75cd26a81d9a02cd8c63895d6630ece3e377261e070556"}, "a15af5bd-ce17-4768-a3f4-2f9f1479452d": {"doc_hash": "132f61535692a662ffb831d7d3b42d34a4c54afdbe6556b88749bf326c6efa79"}, "019b4a78-b6c6-4a94-b4cb-aca25c12955e": {"doc_hash": "d1da327f08b5f1b29d8ec24abb52bfcef748833f4a243564301b8a8e75123a5a"}, "8f16ef1a-6022-45b9-896b-7406ef982987": {"doc_hash": "02c4e27576ad0f99c9a6c7984f7fa97f3fb060dc18493659849d7b50456f29d7"}, "93de6ff5-4055-4c50-9e4d-c6ada9cad57c": {"doc_hash": "c2f3ad0ddad22513f03d75c0220682371ecb257fd497e25d487f0059e52b6d5b"}, "bd4b84b2-4472-4b0d-a9a8-bf71119ad85e": {"doc_hash": "0fa0f12c930b845fc53117022ec6905357783d31ef4b23fd9277c1c8826a7ab8"}, "82fe8206-432c-4b12-9186-c97a1413a33e": {"doc_hash": "61dabcbc119bc75726c397ad7cb41c561a6319991377f564559f71c14255b23f"}, "ac3a728a-aab2-4d92-85d5-63bcc77e0c0b": {"doc_hash": "e0fb3e35530ab3f1f1978bce3a4899332f46d56e5fcc2aaebdeff15b08ec7acf"}, "742acb83-d097-403e-bd71-babdf1ec7d50": {"doc_hash": "0b66616207a1a6553948ea46aa3b28e4708ec6104bf678df8208e3de6b424863"}, "9f367ee6-4dc0-4307-aaf7-756fadc3cf0d": {"doc_hash": "64f57163b507e09d6492455822cc0f1876816af32247953c9836823a3e47e754"}, "132c5037-ed08-4ec6-b8b3-817cfaf50785": {"doc_hash": "5c79cdac546dc89c36db82ff10d0c0ad0c757f7e539f6de898278dea532cdc4a"}, "d91eb3b7-d193-4294-ab0c-602748c38566": {"doc_hash": "4e8b42292cd002d31f87d6266bf09c15520f49976086c8eae62f329ec637e714"}, "3e9eb067-a29c-4e96-a9bf-37f437a472b1": {"doc_hash": "f80896f92a1cc16c89111bb8d0e8cf89a8b4663074526f8b8f5fb07c4bf46c69"}, "e5a77205-126b-4dcd-831f-f1d3738082d5": {"doc_hash": "584f946577d3c5cc050fc56274576b33ef2392dc7e71cea725842b1e25a2af8b"}, "81bb3cb8-2831-4dd5-8cdd-93d2ea347ef4": {"doc_hash": "61f8d1aa57be287b09def5b480b6a3343ec6114275b0caa20911623a1b9f846a"}, "729b976d-19f1-4766-8dea-a07e9a660920": {"doc_hash": "7822cdfb4943fc47e7c9c3dea62db517a62ea6325b4e9df767bf8a51d86b7230"}, "29f5a88b-e131-4d9f-903b-2903f88744f9": {"doc_hash": "ed57b6e2c41b8a80ca952491d3b543e6f6b6b8a13d1a4d33083c5776ec3572a1"}, "95a80495-0cdc-4f12-af87-507d66f26dc4": {"doc_hash": "3bfb34bd1a58cf93a50b12d1353d728b367a308e2d444cd1be04c08e07fbaaf2"}, "c3ba7d44-3e85-47d3-b206-eb9d8977432e": {"doc_hash": "632470357deb136670f4f6e458df24f223e898e928ec3605deb85bd86dddfaa5"}, "9dc47b0f-bd60-4f33-a580-e4f32b5056eb": {"doc_hash": "930c0836189840dabb2ec407bbd49d775ceafb1ba887304f6ce8c372321494a6"}, "9c0faee7-cad8-4322-be0f-2ce7f872d989": {"doc_hash": "30c99385fc7799c5b2c77b36534eb642b903331eac4acecbd2e7c4f82c1e4b37"}, "b62d90ea-01a8-4b81-9508-db304af9d61e": {"doc_hash": "636de99f0ba5f215eaefcc7a1f5d23f1ed0d43a8aefec8e656bc384286e985c8"}, "c650a1a1-e732-4953-b6b5-a9bc952fd89a": {"doc_hash": "68312939c307591ea9f25743d5c4da0b6bcb97ad8e2a6d5c5622a6b30bc70e64"}, "846d9650-0bfd-4192-be4d-c2c6ebee8eed": {"doc_hash": "7392b7a870a8c6899375ee2f5c24525d55ee5332fd5667546fb5463be86c6902"}, "77e0653d-b007-4532-bf65-4e158021ba93": {"doc_hash": "d183973a0c7bb194d61f7425c5a87f52a0a96297457ebfb167cf72a7dcf9b6e3"}, "277831ac-52e4-427b-b981-e0527507f6f0": {"doc_hash": "2670bb28fbc617391f47feb6d27ecc3d26cc949f7a8ed4ca222f0510d3cd5284"}, "2364aefa-da4d-4241-a3e2-874ca913aa01": {"doc_hash": "c92b3dcc1da179a763b4afcbb2df8690ccec69d42e0bcb6d19e6ad57d19b0347"}, "d55627cc-e8b0-4c3a-aa3f-fe2528a7440c": {"doc_hash": "fa9c67392a56b9bc870e4d6b63c38c5ec05f0d3b2d770205fab818b31810f673"}, "777d1990-d1b4-4953-a86b-ab37e51bae12": {"doc_hash": "dd7c2b657c2052fa674075bd8a0d66173959c3710dee39f8a0a027a156ba0e9e"}, "eedb614b-71f3-46c2-8346-3e7269bab544": {"doc_hash": "a178655d1683aea5876d98a75cd3b6cd0de4f5d356b0c1a2380d380910b1baba"}, "9c365f4a-50d4-4f05-b110-a3cb5cd74e7b": {"doc_hash": "8c9346fd8c76bb2d2095f4fef8a3e2445f82c9d58f4bca4c066b3e2a2f34c184"}, "78815b97-357e-40f2-b35f-de39bb50424b": {"doc_hash": "6c4d1f3ffbe69deece422aba3c4b743489a9661c732cd6434a11597780fbc077"}, "d8023a0d-1880-4681-a9a5-6bc24f5d7ce1": {"doc_hash": "ad29f6cccca26c0dfd794f5001abc04d92705183aac828131effab0fd411233b"}, "d8b3fa6c-dbc5-40bb-9c54-171908ed79ad": {"doc_hash": "4e7c4c18ae18548175adae1768a36b3e00d2ff9acd674dd2b67d261bc1bfbb2a"}, "e609533f-6b77-4d2b-bf39-8c24827cf532": {"doc_hash": "901feaa5779f70d68f052d57a48488f118ccf3ce19135412cc03b94cf8dafc48"}, "d425a0d2-c12e-463c-b738-25c378841e55": {"doc_hash": "e894b9bb18bed71dd5108ca37f9b3ed2f0d1218552454a00afd519dd0f0cb4e9"}, "7d2441fb-e4b1-446d-a764-a8d688a4b857": {"doc_hash": "1b0816df3f107b73e998463bdc0e0d9c8dd5178013820d37a05faab92321e809"}, "51cf4b2e-7585-4079-83f8-0656abf2ca3f": {"doc_hash": "03f06a0a5768cc3682d4b2a786b53ef07eef449dd8201556e7fd87169d0b6d18"}, "eae231d3-dd57-4c28-b3b2-cee42eb04f12": {"doc_hash": "4a93b64882dcfc200d8f8d0de8b4c94f7195219e3b3665f03e0dd1e42c2067cf"}, "39fdd2c0-cc81-4c78-9887-2217c589a586": {"doc_hash": "b0e0395c6d2aac4bb707b203e715ed29068d051d8f3fea6f1f77214471a62fb2"}, "ed31c326-3a68-44a1-8969-1df62145fb94": {"doc_hash": "678eb35c82512ff4f8915d601de7fed1882043b1608c5e99b27eba356f014644"}, "dffa299e-f822-4a0d-bb49-af8aa23cd8d8": {"doc_hash": "b57c4952245ac7d24d4cd4174388792e2829a15c75d7e9db0b02ed88d7745717"}, "269649a0-9ae3-46b5-accb-4afb47895f80": {"doc_hash": "dc88c1aa22cf0a9b15ec9b6e76832fd5b8b8f01a7bddc632f3fca9ff5b6c845f"}, "601916a9-3ba9-4b8d-ba90-f6cb2d504f5a": {"doc_hash": "174edc3a995b9dfd3bc9ef1c7f2dd8f244c4530ae4c06189f25f897b184d1638"}, "c3e658b5-ed5c-4fe5-8569-c7bd915263e8": {"doc_hash": "f04fee351b3ff5609bf8cc4b89ab388e41481c2bb3080f7e72ef6cddf9715142"}, "4cc246d1-0758-4c66-b16d-6c59a9ee2c0b": {"doc_hash": "07691f83b3aa31f372666d2df689d976932bce1db959fdaa8676140e9f4837b8"}, "76ae8222-dd5a-408f-861d-69ea629e4947": {"doc_hash": "cecf2da2b7a6c8bd523e33d91f20212d6ba113275614e1dd12ab9c70a4650455"}, "0643b679-cde9-4b8e-81ad-ceeb327b51fe": {"doc_hash": "1403796f88a7d3ddcb0ee9358335e5347a65d4bb37c84d6ea76b79079130a52c"}, "8d163538-510f-4785-bfcf-756fb61a3535": {"doc_hash": "3b7061f6d84af47e0c1b10319bd056db37786d6d3dd157ebb15b35b7460c2509"}, "756034c0-97a2-40f4-85b5-0c49b02a2252": {"doc_hash": "54953f13a109fa46b26060134b92c1a586e4c4e701d1000e56285424c1ea27b4"}, "510db95b-8ef5-4c7d-9efc-c134dcf0c16d": {"doc_hash": "528d88ce8469ddac331b6477a937ee32ad5946b35b6b3bb74a7b76fe80f22a13"}, "4dd32be8-825f-45f1-92d1-b0097b08a194": {"doc_hash": "e70ec3b68c28a1a057120375702590ce5b00077223b82acb41b4497322505786"}, "06444c1a-f185-4ca5-9f2b-cf4518702587": {"doc_hash": "c7bc676a8eda985dd4a3918931031db904aa9c69fce0c473df3fad68e7385dea"}, "df6a3958-15a4-4294-a925-0c749c8aa4d2": {"doc_hash": "01456ac759499ed7a9c60bdd3407011898717e50585be7be250f48d1d896709c"}, "5a749d99-55ab-4b29-b3c3-08570e1036e0": {"doc_hash": "bf99a4210e5a23066cf1d5206680e2055fcb2998f5d8a2f67b4e0f1c2e641bad"}, "440fc9b8-9b67-47bd-aa3e-04d6cb406e6f": {"doc_hash": "c7a295fa85a8a10b3f71a0248c546ac948167e08926bd0235b20f2245a9f18fb"}, "38df1169-5faf-496e-96ad-0fddf5a7d7fe": {"doc_hash": "b8cc57976ca5620188d9e74663024cc15f83eb0670e462700fa4b71a23891fd4"}, "95ff6648-4c32-449f-8b7d-91a58ad65d2a": {"doc_hash": "ca0dbd84c351944b0bfd802a4da6f988812d58f5804e81a11babada714893ba6"}, "9a0f5749-9d3f-4def-8b39-27008f580126": {"doc_hash": "c042ac1a2a3c6951eb1efdf58747cc8c0acb51a8dd635faa209d2d555690874d"}, "40bfed5b-69c7-4faf-aa39-d4c82c39d2e2": {"doc_hash": "123f807678d9d2e152c38eab60695928be7fd5abb2dc8947bb41901e0090b453"}, "efafb914-69f7-49f6-a377-339bd41b51ce": {"doc_hash": "7b6e3187b3c1727d110b83f848eeee064ee5af5e7b90b235d65150729dc54a48"}, "526f4b21-a1d3-477e-a764-0c3110f0bd38": {"doc_hash": "5cafc528a5c085549079ff5bafc3f78a070c877d22466c949c893c309013ebc8"}, "20a59b21-797b-4406-b57f-bb92a9a39d04": {"doc_hash": "73f6e5e582e85668e99bcd79ef6a12af3eaa581636b01dbedf958bfe35878224"}, "146569f8-e850-4ff2-8974-c8f98b63d45b": {"doc_hash": "7c61221f49e80750671fb8941a47801dbc479f4192060a3a2f0bc07eab63570e"}, "dbec3e18-2260-4b53-a2fb-a95d10014661": {"doc_hash": "cb3b7c6fa9f518fb0f0adf40c825c794ddd511de336a76b4e4473e28b0996fde"}, "c09b0cb0-414a-4652-b933-160078dad9c7": {"doc_hash": "92fd246a3db042415ea3888dd4406cd895f7809c90b7ecfcd4845ab4705c9668"}, "f0e31e23-d312-43f5-90b5-b2e3696ed45d": {"doc_hash": "6b95bcfa2f9f323b4f4702d330d166d33e8326513e628e49f73463038e21f8b1"}, "079ea064-d989-48fe-86a5-d2241cbd0628": {"doc_hash": "63d3b8cf579c7a8529abd1dff82a7c1764d699b9455739de98192e92a83e07d7"}, "9a6904e1-864c-460b-821e-2bc005523ce5": {"doc_hash": "90b3b7403a6a3daee576e032e29b77562ad339d9a2d07a51070ee2dd87440812"}, "b05d42e2-0a5c-4e1d-80ad-037a6b46fbe1": {"doc_hash": "f565171946ae1496e5dedd7e3729eafb15c1aa85da70a48239f1f357be8360b4"}, "7391437d-5b67-4f11-b8ce-870facc7b0a5": {"doc_hash": "3de4f84daea5a12f19c431260da735785c906f68439772ab9ea45da0c1aaacce"}, "4aeae544-47a1-4970-80f8-bdbd5b8925b9": {"doc_hash": "b56f93a3457a8501a0907f28c389d236ca2de4f2a4c1688ba803d04878bcde62"}, "64e30324-5404-4247-bf3f-c683247d6f52": {"doc_hash": "32081817eba0bab855bd89486f627fcce73de3641ab17b41fb272916cbaa6fcd"}, "3cd3fa1f-265b-45e7-824b-c5169408b28d": {"doc_hash": "b5fbbfaa5ab89386a1b625ead2312c492c5ed93bcb99f1b5052ff2a482dfd43f"}, "807d987b-5ffc-4809-9078-f63887ad4340": {"doc_hash": "ca440da89611493d01dc487ce10863c46280e9a74034f48c8d681dfd59c290d1"}, "74934cc8-744c-42b0-a799-67bab44228d3": {"doc_hash": "1a63f6aa5a9953c8f7d1275a5cb7d9a47b124a71addf92fe36156a267886c5a5"}, "a088930b-e218-4739-bdb9-2fa930b4d15f": {"doc_hash": "5c5406e177f679c4bbe4498f88084433f859309ab595713211127a2e9d9d86f2"}, "2052eee6-071e-40a2-bb09-01edd8c03301": {"doc_hash": "7e60ce43187c97ebe27677328454f0ff0ac45391f0b79f3a567d41eab8b2102e"}, "5499a76c-37af-4c73-a247-d575d640da40": {"doc_hash": "7c8d78ea30a09632803a4763044ac766e4d28ccd56c71ab234b824ccc9da47c3"}, "39074473-6a19-4f40-ae32-2bc93bd73b21": {"doc_hash": "a8b987bbae0a1a83e6dd6ccbf6be04aad368943bda51556d7b1db251a2e40997"}, "4af9ec57-470a-4281-b2b1-e747482c440e": {"doc_hash": "b7716bc0be15cb158ca19f88e7fe5ce72f22a256e6a8de337ccda3aabb6f6f77"}, "61270805-062d-42e8-9c56-e1c033685693": {"doc_hash": "355d132c33793d34a1b539d8930edb640fe2c3ee1b0a44c0b7c528d94f8136be"}, "d441d3c0-5d0d-4b86-a636-81ce500b8a39": {"doc_hash": "a77536dab86a014ad7bdeea063cc3153cc96981391abdf505e17d08a62703d8d"}, "c760d013-a161-4ff5-85a9-7ffef79a5180": {"doc_hash": "682728b4ee4a4b064de265e162dc69e282a39becb7429cd434835ad664b37b22"}, "c63c45e0-acfb-40e0-83f2-562864f41ef6": {"doc_hash": "bf3eacf3e18417770eb8dada2329febd4d1e130725532ac1751e3abfcd99d48e"}, "d60d4f98-5bca-499c-beb0-4417ce67abdc": {"doc_hash": "8c42fad48b1928251157227b0ee008a2693c53b1cf54cea449df4fadca93ffdc"}, "a0e3f0c3-65ab-47a2-90b2-9078c9068d83": {"doc_hash": "1aaf1c398a39d5f4979a3672198b77e6f79e50164afff83d835ec7764adfc934"}, "09094804-f415-436b-ae18-eab7e6d91ae2": {"doc_hash": "4aef6f02daaf43e348c10ec122c6aad31797f23b46e8a6dde23f9056194b457c"}, "c4fd0aab-d210-4368-ad5f-e5f8a6cd4d1b": {"doc_hash": "ae86612696c19298b3e67d94ad98030efc47ba006941f387dd9aaa8224a35414"}, "3abad1db-363d-49bb-b8ff-98d6ab25e20d": {"doc_hash": "8fcc8a8f4523968f213ec0affd360aa96fc93c21c02cab2e6378a8827af4636b"}, "59fcf392-9477-4ec6-ba46-13f82e112d46": {"doc_hash": "f425ab76ee1e6049dbe18b81e8998129c7c92ab5bc263636a7cb5d26e1cc0d9b"}, "58401e4c-e697-44c2-93f5-70288b8e9b68": {"doc_hash": "56e4562bb43f1cdde62abb7ed38925abf01a9004621e89536a215420c9eb6c25"}, "10b21ee5-9e1d-4605-96d2-0a2913687c7c": {"doc_hash": "b77972e8caddacd2f2017d433aa2fb82b6582f4c9417823ccd64664e06772d5d"}, "856f746d-0acb-40dd-a15c-3f7c12ace251": {"doc_hash": "efa7917b96e1aa7336169fbb2347bc5a30fcc78393fd874c4b24ed66e74b6cba"}, "4a0157ed-5cb2-4956-ab71-f2866a740260": {"doc_hash": "50fae76ba0fe390ff538ca57d28517ecca0d0ea6448666cf6b7b79b98f399d37"}, "64a90cfa-20c4-467b-8627-ca85af5864cf": {"doc_hash": "60c3924334665ceb3b598710822ef5cd1816d2f109eae255b209c5eaf5bca71d"}, "1b15e4c5-85a0-420d-822e-c81b90060a48": {"doc_hash": "f398b23aae34e01afc0ddb12dadb4f6d758a531f34d7682de8d013ca0103c4ba"}, "c118f8fa-48d4-4e6e-a980-d60e0afedd82": {"doc_hash": "a00c42b0520679d08a733964d8f5f573f3bd4613d523db2d4d0ef12e015bd21e"}, "ec6df8e4-081a-466d-bd6c-1b9529b52834": {"doc_hash": "3258664b2bd742493a44247f363b78233b7e520945332c11bf893456d5a91386"}, "b102a2e7-f85d-4bcd-8a8c-dd84da2591a2": {"doc_hash": "d52649fceab3a59ef7946b50cc73f83a9d34e01204308d9c83d78750dc10fba8"}, "673d5043-999d-4297-b41d-d5ce73628173": {"doc_hash": "18c1d606d74dd1a3294577616009de0c770c609efe1098f9201787ceafc0791d"}, "e4906ba4-20da-451f-9e70-7b1b0848d67f": {"doc_hash": "264bcdf71c4d2465ae8b73f26917a73a4fde632a61cdfa2841d80cd7dab1f73c"}, "8b31196e-b038-4265-894c-e1c165b2009d": {"doc_hash": "206a6923f3becd4e46bbf0ede0152457cc32cafe4a48f787d22482e73dc8e0ae"}, "fdae92d3-4687-4981-879a-927252e81e79": {"doc_hash": "89ade08ababe177e3090c223193fb126e3bd5cf4610825a2658a99b081cf6bde"}, "40441d6a-816f-4e5a-b310-ec889758ed71": {"doc_hash": "17542da1fe6a8994fc13682347108ad3d4d9dbdcee2f28f714b51be978ac1c20"}, "0d505c0e-77d2-4e91-a19e-5665506c06cf": {"doc_hash": "cbfc8255719deb0541f705ab25ffa9e5d47c19bf26d2b44ef064fb34535b8aae"}, "0900a391-6889-4f22-8370-b9c6a76b31ac": {"doc_hash": "e3408c22820ae291a162c1266e559a2be086319592c80b259b8657ba85011dd2"}, "ed27ac4d-8624-482a-91ad-d7a72d372d2b": {"doc_hash": "3d1079216909263812faf0805118de6b1f80ef5db5ea4b01679dd18f7e7f0392"}, "d8a6490d-2d75-4e0e-af4c-6558859125ac": {"doc_hash": "4af45905aa5489780c9f4f4440d2cd5c5009e9b3a471be3eb3da4ee87a7c749a"}, "b45723a4-e962-4ffb-8e83-2ea2edb847a9": {"doc_hash": "8c4127003263667cd58ab0d443ee0364169144fcaecf48bcb6c2c009978e31af"}, "72bf768b-0b6a-4a67-8851-993452b8724c": {"doc_hash": "a34aad6b844bf6a751825ae6fae853927bc26fb2663f87ac6b9cc2dc4867f00a"}, "80ce3e21-326d-4dbf-84b6-da9cd749b384": {"doc_hash": "42233fc51586ef60d811d71e37e5ede657ad477a75b8aeb7820ef63a8b163c37"}, "8329ddc4-79c1-4163-af4b-19376e7d5f53": {"doc_hash": "df974efeece1e3907e779001f4f45072213b437319745cc2309847a4c1cc4dd9"}, "2bff2a55-38a1-43b0-bcbd-b31aa3a0f3b2": {"doc_hash": "1596b8697ed66939d82316368c9b0721ee4a4ebeedebbcd2ccc0888471949f48"}, "9fc9f4f7-fffe-46fd-9e24-4b212dc03da3": {"doc_hash": "57c84ff601715c27ada1ea6b406f2817ea8878baf71c38ff111139bcb098ace6"}, "733494c8-3e6d-4925-91c4-e63c04664bb3": {"doc_hash": "c5ff8c56a4eda9d9f2f4ecbeeaf78b37a699c82327688c70eb1aa0ea63fc7cde"}, "deaea770-aaf3-4ea7-bdda-86b1c8f20852": {"doc_hash": "bc396a3316a0558ad63c2d79ee9deda6af7015714ca3907469c2160836e15604"}, "c1762f5b-264f-49b7-957d-391a89385ee4": {"doc_hash": "8a509339cfbe39db334d655792a08e9caa7f56429574163064e73fb9aa11beee"}, "53a631ef-f609-4156-8d20-c93a365724c7": {"doc_hash": "31247e0df5fc5f73e07d51842cc0ba9a109b029fc8e0df5e96a807703d8f8af2"}, "4ae8b78b-3a05-419a-bd98-df988ae2eb01": {"doc_hash": "24ff7eb30776fc228354cdd55992c60ba84b74cbca2eb90611eb2175605a3104"}, "4833e2a5-773b-4a32-8930-c6647a771a82": {"doc_hash": "b0e1b057e7164e99cdb12fc9b2cb427f5c60bfe551f84ce8c8d39b0f3c08cc31"}, "acc01b76-37a9-4316-96c0-8df25b9605a1": {"doc_hash": "19e601df59c597fafca1a5434e60dbff60d2f7be9010f1b336b9fd40b868a631"}, "ad9ba7f3-c732-4865-b7d3-b46c060bc2bb": {"doc_hash": "f4a521224a1fe91abfdf65dd8ba2107fad2f78c04e1ffad5a8bab964dad611e2"}, "daa1d1e1-5300-4630-b379-91606dd0ec35": {"doc_hash": "8e35b531240a9f69216243f6b697ab3a3710e472c523f775d73c1c22ed061be9"}, "9401d4f0-4d2d-4014-80dc-870e737a67f0": {"doc_hash": "5fc27d8327bc55fd66f12b8b48c5a186850d18c9e57dc1881d53c325898b7a78"}, "6d3849fc-440b-4ee0-b14a-15ce7336554e": {"doc_hash": "29b65e65cf1548a104f6bc355046fbdfd755b67f81be3d362e4e1ae3b614d6f8"}, "bf5d7320-5e95-4b65-8fc5-bbcda6081dd4": {"doc_hash": "cbbb9a377597f24a510520195bfd2d80f68fe708cb1572b34e63ec8109fc43cd"}, "0f7ee13c-35c0-4b39-8eb3-2e4d1db352b3": {"doc_hash": "802d9faf9176cd14c252be307d4a7b94b3b25b3445e30cddd1ce545995c35813"}, "42b8d7c1-9c78-4a27-a028-936015c8675e": {"doc_hash": "f3331443b65603c91018c449b765eb73103b8bbeee47d6298ea281c04703a47b"}, "4f841ef2-aafe-4cd7-8f16-6d34f053c782": {"doc_hash": "fa7a93e4fab5c84211b9b65730b8dbd7dc7f81fe29d6297395d1260ad27be7bb"}, "e70af14a-439b-4180-87d1-4eaa23f9b975": {"doc_hash": "4ee446e63646bc0c92e6bcf4f3a8cd604867ec469b526879f963198b74afc258"}, "f3b21d54-e43e-47e3-b189-edcd9d42e0a0": {"doc_hash": "4c3242a8d5106e10bee0d94e601b3830570cacc66b2d54f9499f1b727ca1ff4e"}, "6e2276a8-1ee6-4748-9273-676f1b3f65a6": {"doc_hash": "b523cc48b2796c5793f64d8367509259e65264bfedcdd6847d298c795eb05f9d"}, "67429b4e-8b75-4113-811f-ba10a57530c4": {"doc_hash": "565695eea9d9b79bf2125805d044d2c0ded963a515c030ec184bfc23364168a9"}, "80f8b8b6-066a-4053-9cfa-2a6b8eea4b1b": {"doc_hash": "a82acd280a91b002ac3ad7a240bdb37df3046a622a23b76932d63d9948367c98"}, "b73adad6-9744-40e8-97cc-0333ea68495d": {"doc_hash": "bbb02aebb94ac532502aacdbf95cc6b3eb98cba441bbd0dfea7eaa08881777a5"}, "6ced4fdd-5067-4613-804e-488fc2ed5f72": {"doc_hash": "460fa3513181f4780f99c85bc083b5e6f1b382391b5c75e2d235c837602bada7"}, "c435c08b-48f3-4334-bd07-acedbdd17c4a": {"doc_hash": "5253dde98dbc3deeb58e78fc24d91fbe897fb17c3147717defcdb4151800252b"}, "da1d71be-5188-4d59-88de-deb7711fb7f9": {"doc_hash": "cb255fc309b3c1878f1d26ad3d4dd56e5fe72230441cb34d597cab79dc15bc09"}, "84365ac3-7dc9-4155-8b76-eb8eb2c7f2fa": {"doc_hash": "ac16956ec25621c1eeeffd26e670da44e4766e46cf00e429508a78678eca9fd1"}, "cd1b9879-f085-45eb-b6ac-53caf27febd5": {"doc_hash": "6bca67fcee7de2ea6796a84112fca073e37ef08b67a96e63cb6e67a4c161bcaa"}, "6cd31fc7-61ec-4a00-bae7-175d7e82c686": {"doc_hash": "051c444a8517ef0360f6deae8c30c3053f322d3cfb224da43eabf8a824b8839c"}, "70e6ebea-56d4-4d69-8800-147e09a5d529": {"doc_hash": "f47d184700b9d107e10e6cfbbdc1677d0ba7c16715eb3326f0a854e93568d6af"}, "01ba9af9-d4c2-4b42-ae2b-fcf0f4f73062": {"doc_hash": "9b0788e8f83bbee71312f7454fb5a74cb6cd7c65e1b97e03cf3cb64759ac7525"}, "204929e2-6529-4b6d-8cb4-e8e26cb4e0ce": {"doc_hash": "124ac2d6c6d87d005b4e4b9bbd21b0ea07b26636a4c4dd0681ca8e800dedbd4c"}, "ef89e158-090e-4ec0-a292-5a2a576a7778": {"doc_hash": "171587a3c914b8a02fc69ff44022eae80ff34c065b9b6b81c995c113d89802c5"}, "773cdb1f-f548-4cd3-a2b3-283b1aabeeaf": {"doc_hash": "0ca92dfd1266becb2cbd5743ac3cdfc9685a4bc426c32b7068e7350edc40e45b"}, "9cdc3132-02d9-4a78-8c95-73a6fb26b8bd": {"doc_hash": "92e7a53b764257156dd3d3e62486aa405929ed6ef14b794bf03d207e37a89751"}, "8cc90aac-cda6-46a5-b6d7-683c6492cf3d": {"doc_hash": "99622d1b5c4896f1ccb1dbfe3c1b9b5d2e59041bafc35a15df29b15168217af1"}, "47c919f6-c038-431e-abc1-da5d1e137c9d": {"doc_hash": "2c061abba12627f53e536ccd1c96d99dec682f7004a781a8d2c4ded31dc16533"}, "bd690291-7cfd-49cf-9725-a86eb2193486": {"doc_hash": "df60f6f97a12d15b7514e095982d0fe7fe1989071ac77cce13be487379702cc6"}, "2744dfe0-d35a-407a-b951-5da0b2bb4e2a": {"doc_hash": "f8bd3a37aa4f5b4f3738ac2773a1e54a7f281cc63a8d645001e85cbeac61b59f"}, "e97c2417-7072-4a88-8698-397cef1b683f": {"doc_hash": "11be441d6db67924ec05f3128f61ff4080cbd43625e2902d029d314ef7328604"}, "cca73d70-3102-4829-a115-11cbc996b652": {"doc_hash": "371da596e1bb8d9b76e349444dfd9083e1e993fe5b92fa292bd9e71c157d734c"}, "f8858028-4f07-4ce4-be0d-545b6a664489": {"doc_hash": "65ab576a46df49d5403e3eee6ccedcc7232918b6ea4e183562ae2c89ab35edfa"}, "c889e5f4-2d6e-436a-af38-2443c62787c2": {"doc_hash": "485ba8b05dc58f3a5dd498e9b796e2a419e910ecfe99d041f9b934c2d612c187"}, "335c6713-618e-49a5-9ef8-7dcf07da55ef": {"doc_hash": "afa98682a37d1d98a96f50e23ece4fb39e843b48f1f84def609bff2dae525142"}, "1587c2cc-9d98-4c4f-a206-80145a3d50cc": {"doc_hash": "661c0a6b33e65cc454c7bc780a5a8b5d3f7c9ae54d9d0159060139dd38031f55"}, "366a74d0-ecf0-4d87-8cdf-9ef9990b70c5": {"doc_hash": "b14a1bb97bfaa6c45b8b979466c9c4b05e7334bdeadf8f551642a893bf3c1949"}, "67058945-4619-4c18-b366-f205b41870a4": {"doc_hash": "852ab88274375610aad746cd64e620d788d524aa34233807039a7d67d6c5eb35"}, "df9eaaf6-ff72-4952-b367-ab1be8543fa9": {"doc_hash": "210928a0d1c3f40da948101e1f4eb0415491fb05225d55db2d8d7ecc84bade4f"}, "498c7346-078d-4d54-a8fa-65c883c673ee": {"doc_hash": "8a2efc62854909b4e082c7a7448af7b38eaa3cb6fd6d65beda4293c636145da6"}, "ad803bf0-6fdc-4328-965b-ad565643005c": {"doc_hash": "38d05eb96fc98ae7daa02e2dda6ab9d755c568d1f33914413da16b023747f1ac"}, "c12c6ae4-33dc-4eb5-ae2a-219a18724d0d": {"doc_hash": "90781d3e785318c3adbf3eaa23a01d53072ce1c45de5f6d62cb367550581b869"}, "130a4015-f002-4dff-a5db-f76ef6082701": {"doc_hash": "646c6e860bdafd97be65fd5658cc99e1b230c1422c5956f25874a15c4e5cd280"}, "ba4a4fbc-dd62-441f-a69f-65e5a5002faf": {"doc_hash": "b5d071f300d1df1fdfad710089f52cd8b7be5ba66dc0dde85b52b9d291567009"}, "6b2318d8-3c49-4eeb-8b3c-40c54e195be8": {"doc_hash": "1bc9855e44d774802a277b76094717218d974e1f68cfc26c18af764e4362bbea"}, "800519b2-a625-49fa-b383-1b87a5a088ae": {"doc_hash": "c47fd014c8827fa20f30c0008606448d4195ec8768697a603c35949e2ec0d179"}, "88df0f47-3b31-4145-9e83-a59401557b4c": {"doc_hash": "139ec92ea2436569b299a71ac3a4bb0711941fb4ab4061c7800e36869dee7078"}, "79de5680-d050-4edd-afb4-1158d58a6572": {"doc_hash": "dfe1f00845d85d67d10e48c980b7c8aff9748fd9c8406a749bb19e65389f3357"}, "a99cc17c-b156-4b15-802f-3d1e2a955c0f": {"doc_hash": "6efd1b65214566400136cedf00783d3122e73ddaeccefb0025ca214d137a5f8b"}, "fdd3ddb5-0ff5-475d-a4e2-49c7569d6db6": {"doc_hash": "83cd679e1459f04cb6f2700ce7c28abbf53829d9b08ca01967ff5cced5d605c2"}, "2d5a2d1f-3d48-4b3b-a23a-498da3ffce8e": {"doc_hash": "b70fe50b12f6286a6dca74b25804fe488ada8de5068fd0e8544fe13a68b58852"}, "213ce038-e50f-4f69-8d19-baa9708c6c9d": {"doc_hash": "84de8a04b28387caa95e826d387c0dd9fc328757590579f5a08def087cf780e8"}, "df6f9068-cce7-4203-87f5-ab100ede6d24": {"doc_hash": "0d06f8810fcb3d6bb81f5f00843b9f0869d2bffbc87e8ce563bef2d2200dd2e2"}, "4350706f-20da-4ac1-acdf-508f5216cadc": {"doc_hash": "34bde09c24846626444c4a3ceea33a225ff4eb985c972ff73e905c431bebec74"}, "7fccde4d-6eff-4710-801e-48b3569b2079": {"doc_hash": "6feae599ee4c595dc1e2e2390f5e6cde3289b082778f3041083b1a9484fbb18f"}, "1469b045-179a-4501-8fca-95f1e1e69cb7": {"doc_hash": "292eaaa4e465c802322d97ebb5ae1f1f1666c4b9f1baa1cae98ed653d43fa73b"}, "2c8a40b9-3bcb-4455-ad2b-dce42ad2fa3c": {"doc_hash": "a2e422ddb958de94754e5d9748a2ddaea257f2f6cf8ccd7b4e86547fcc42bd5a"}, "b6ddca05-47d8-4b70-8bf2-6afd157c6b5f": {"doc_hash": "68a19ba367f094527fa0dac20c36e2c7eb491b1588b9fb66095b0d40db75b5f4"}, "16dd49d1-04fc-4171-b912-47d10f89d47c": {"doc_hash": "2db27389fd825b5fd6809143a127eff25995a235fdd149108d9e7032e9b04bbb"}, "7bbbdc10-0221-4dad-acc2-2ef81437b465": {"doc_hash": "ff2beeb7df9cbe4447afb4820e43df46d952c27a6c9d54c51cc3bb8b6063bbc7"}, "07938e21-6620-4967-a310-479f9aebb4ee": {"doc_hash": "fdfc668bc5b402f9f0fb50e3961c8338bd6aa105453be5ab4253155f6029f5aa"}, "6bac1470-4391-4b6d-b2c1-e5a1f4d6cd82": {"doc_hash": "ca7f498b75cdac7384b7b8097e103b89de287c63a8182cf4ec4cf101f7e50e32"}, "c6377d8d-21b8-4210-be11-510f8ffc8454": {"doc_hash": "b151f7921e9ebb1e36924477b3676d0a986d6af515c932dbe936f1ecf0a07947"}, "3376b325-9de8-4f05-b20a-237fb14a71d2": {"doc_hash": "3c4b81e9fb70ab1b9c51c8ba06c933c4ff004c84743e6cdc0e729b461888c81e"}, "c0553157-de24-4b4e-a491-f072f3d2c9b0": {"doc_hash": "03f4a85ee21e09f5fd0aee4dd3656e0af18ed04db5775178ad9543122596bfe1"}, "e526672b-d351-4b85-b3fa-56a724532b76": {"doc_hash": "90675140281f1da6795dbd9c2085197a2886fa9e268059284ecc80144c1bd48c"}, "b87f6bda-ada0-486a-8473-7ef53930753c": {"doc_hash": "053bc245d5c6552d556409426e214870b4f43a7b89e50b0c9bc0e0b876b436ee"}, "a4e334a9-f115-4b3d-b77e-c165db3d8305": {"doc_hash": "937a096804c8835d57f7a4e14f579ea8cf5b777982619b1a9dc44348f8c214d8"}, "c9d526e7-4a94-4fa8-bada-a34d91d0de4a": {"doc_hash": "5b7d92f2ec19d970213a70c0983ab67d7ed97e19c5bd4fa5ba66da45b1f98a8b"}, "c6642a62-1d49-4627-b380-cadada6d0c63": {"doc_hash": "b265b51a7660b41dab2626534acaf665d145dd068160a910103d33a517077d0b"}, "0944c603-8ccc-4e43-a93e-0acb21539815": {"doc_hash": "96ccf79f97c4bef1a90792f5d34f8c5fb51fa5e28aaf05ddf009b46660f84037"}, "bb9d1db4-440c-4cb0-8c4f-5b4715cb009f": {"doc_hash": "6bf67266812beb9fe2d1a664ea02381db29eb0fdc4a8a81ae2d75d84df947644"}, "3d112057-d9ce-4e84-a932-f66910ee463e": {"doc_hash": "3350bf6c98b666ecb9103a691fdd97581a26ff05493835acdf4c2f17dd1ecd4d"}, "80d799b0-bf03-4ef5-99d2-5c869e86d193": {"doc_hash": "1ee6193690f828076f23746473a0562bb272606c3609c314dffd4d0f7ee8fa7f"}, "287ca2da-17ad-47d7-949d-e7d880ec3f83": {"doc_hash": "89eaeed40c26121966960ee3a3528e5d09a3c7b64a466f237358a94ebc907a33"}, "fe024188-e428-4c77-8056-b33f2f29e477": {"doc_hash": "f8b9d392cab41b18fc7b7e525ce3c952a11215c122df701b4bb05b48ebd36a16"}, "87008b3a-52a4-4271-b78b-53b23e854536": {"doc_hash": "ad7ea360ea7caecced9456c29bfb302a7fb6037a2ec0048c8a86a930af5dd001"}, "f6fb5fcb-272a-428d-846c-db28c7565281": {"doc_hash": "192790ccdc7ca0bd1ce9d959a31ff823df07c7e9016b5187d672fd2dfdf389ef"}, "124d394d-7e3a-4211-882a-f85daa34886d": {"doc_hash": "7b1c3203769d1e528f2f8431c2e26a8867a37ca76a86c5f6cbd7420774aeb9c9"}, "7b6c9f65-9a05-4eeb-baf2-86a545a58634": {"doc_hash": "5fe88581c7bb309258dd1206c2a367ed9773a59f8aa164d7e9191926dd01d442"}, "5b23fba8-044b-4e55-8d84-b5a800f35be4": {"doc_hash": "7088e77492b19c8e38a536b17be6f06f32e46d73748b045fc0869b9f9492c0b0"}, "96e4db15-835b-4890-8f9d-5ac5b26519c4": {"doc_hash": "2404e1ab0a861f718f435d570034c3d35e90a35952ed7ce51d5bb953a1a4d156"}, "c293b41f-eeae-4afd-a580-f6fb67438772": {"doc_hash": "9d56c765ff3297a3ef72114a65dceaeffb5ec6676c7b0e0957b2619d8162974d"}, "0a1300b5-83cc-43f7-802b-c34e6508f1ab": {"doc_hash": "2094c89476969b89349ab4aefb2722d6d50b2839eda528f9c2382f95f66b7d37"}, "bf099eb6-ab17-4456-90fd-1035d0aebd18": {"doc_hash": "a19959296044785619a8adc188ec34052e345db278023b033835277077e735af"}, "d892090c-93f4-43e8-9d03-e9cf355d1c4f": {"doc_hash": "5912cd6741bfeff7a1949abd31eca7285d15e2a3e946c0ed00c5029990a76853"}, "abe56c5f-214c-4bb1-bacc-e270a665489b": {"doc_hash": "bd451931978ad515ea5b476a54060027f254486505f885cda8f19015bdcc0943"}, "139ccb6f-d721-4034-b7de-3c5792fbf388": {"doc_hash": "8c6045a6a9e4e8c6d28d4bda019e27ee1a1e9b1eed0238d9270a13a3b801495d"}, "e1c502e6-95f7-4e9b-b3d8-a4644086e6e7": {"doc_hash": "c996482f698e73f7d5a027b990723a779790dbd31ea271ed5ea0bd5fbc53f748"}, "2a52d6db-8f94-48c1-aeb7-8229e38f0660": {"doc_hash": "6565075ab60f550a4e10ddbb61e69cbc449b997cc4e8f5adbd10f4d8cd3da6c4"}, "cfba18a4-a06d-4c13-831c-552f814ebe67": {"doc_hash": "b5fa565a7c2d459953e182c27c0a4b7d793c5b61bb2d5a3020d55627bbc9a9ed"}, "41c83874-10f7-446e-ac59-6964eb35c7f3": {"doc_hash": "c0398fb9797a755d3a27610927f0ff7462ea46858487be6d31931640b8daed2c"}, "de8884bb-3747-440a-b235-11e376f5ddf6": {"doc_hash": "434629ee259f7aacd49a944f265f28508827d91858837333312dd0c0391d470d"}, "1a559473-d799-4a8b-a6e1-021f152e17c2": {"doc_hash": "fc3b02978639866eee032447eb012f7c5284f91e7cdf200ed307795dd85fd1d9"}, "db87d87a-3fc0-4276-bede-956765fe028f": {"doc_hash": "7f9cf803beaab7387407c5405e0a969555cbf6f706132f48ff8d49acae798dfc"}, "c005ee29-1319-40a2-8070-7aedfe0e5dc1": {"doc_hash": "f5a111ecb8ac40fbecabdd1de55c58e712571f3232135c59d35eb80cd4165f3e"}, "730edc92-2e77-482d-a70e-67e7059bcd92": {"doc_hash": "21ff3767c6ccc3d5ee1476debfb7d08c6ecc2132cf5171d890171ca4a97804a1"}, "057c6c6a-e92b-405c-a1fe-4a8d28dbbd0a": {"doc_hash": "00491e4e160d54e8d1ca36b9cc70a025d63d68131ec7113c3931b297694f2bf5"}, "38636b13-24a2-4e71-b967-47b10b83b698": {"doc_hash": "b1f9f10f1b367ea9d6eb2226e6dbdcacbb71259c594ad0db204eaddf459d686e"}, "9b9627a2-b0fc-49db-9634-06612f1aff47": {"doc_hash": "e939c6525311fb14460d0119ba4e16805caac159a395950f60a1d681fa9427a0"}, "6ed93629-32ec-49e5-8bc6-223fd4effedd": {"doc_hash": "0d9ce53be8b8ff6162bf6135eff6d4cacceaba35fa69382a3c0bcdbb1f2c7bcf"}, "e0b673c9-dd82-4b4d-bd51-88ea83eb8a8f": {"doc_hash": "995b20483d74cecea0952315466487cc49bd47f5e29ada9e141f9f05ba7f6e1d"}, "675fa547-8255-40f7-9d1a-ba13ed9ec205": {"doc_hash": "2107f3cfcdad0efc9f12a5c0dadadacc5b0d55f553fb95068a2e317a1d54868a"}, "95e1061d-46a4-4cf6-a304-62bc276b5eb8": {"doc_hash": "db8c1755d2a2e8198929ea287a57023b9a65f51b4b569832427b3148e5065f12"}, "d7738946-c838-400a-b9db-b207e14b321f": {"doc_hash": "d00ac3849e0eadd5d3f8ebb8974fc7991181a1db20dcf344c2fc7b03c462e1fd"}, "01a8a9f6-f7b3-4aa9-9daa-4d6058b674a5": {"doc_hash": "8e83d4d856dd3475cfb65ccad3d29c277c60d19bce27db1c20bd640fd937b9d7"}, "c2f08250-3a27-4b50-913d-d2d09f4689f3": {"doc_hash": "483f7012de2bd7c1638d8509644c7191fe32a51ac520eb9b4e0640937991b9f9"}, "5a4fd854-205a-4988-be00-7c16514e1190": {"doc_hash": "60db2335525ee72390f5015f493211bb012208ff1f2b063f0603fa66efaeaa96"}, "4f72ea66-637c-41f4-aeac-78d67b040903": {"doc_hash": "c6904571674f70fb9946a6846fa73aaf69f9b91858a5d2d65326b2bc7484496e"}, "2c7abf5f-ea04-4574-b594-8d0496c02116": {"doc_hash": "623c2cde518c4a6312a5b1df97b4ba9b30477f956780a17854504ce8285eb31e"}, "2fa88e77-8aa5-4c2e-a294-f9c75d7ea176": {"doc_hash": "a67d1a2c3069ebdbe6fa4097dbcd16ebc78c2118e17372b409e3509f356ae7d9"}, "98ab8111-5df4-4081-aa1b-59a0dea15c34": {"doc_hash": "25fcb099fc939dc9aa356aa8c5d31ddb7b3bdd34f8b96383cd3af0185bb83117"}, "18fd8459-2704-4224-8653-0dbb262a39f9": {"doc_hash": "669f6c037e4d9b20e0d9dafc23af09331694f79762461c6ca61321751779c508"}, "4091dbd3-6e1a-4ab8-8dd0-471f583c9f1a": {"doc_hash": "3c05e37de9b3c58411e7fe9d7255a3ac99903d611a0643cfcea2e0745526a6e5"}, "206a5e08-d2e8-4d8b-b4cf-36a51c277140": {"doc_hash": "fbecf43b48b17e9df1f9ca84a5a3214172d95d83430ae0cc83e0f2760fbfcc3d"}, "32254a96-9273-4910-8902-a6a7db23598c": {"doc_hash": "abfb53ae658f36d9ec0eaf3e6cd0859e44439915efd55cc0cc2d1083780ebc3b"}, "3a1a2c51-534c-4e70-a8e4-f1c170734f10": {"doc_hash": "8a4a230b3a22ca0954fa90cfab26ad6362af087b1166d1a76999ae4aa3236bb8"}, "e9c19c57-bece-47cc-a550-2f78750f416b": {"doc_hash": "f73024bf464ca6efd284ceff606dd459ee0d890118014363e8f59288cc6d90fa"}, "61d8b2c0-98b1-4424-8225-10a87812dc0c": {"doc_hash": "9704a0e155ed46cf46d81b03ffbf2b4328644aa3324d334709cf1dca9a9d0332"}, "213f7727-c867-4c63-9535-a2c23d5cf3c7": {"doc_hash": "fc36d3d597d477472027b662ce74df0f3bdfbfc4c317ad3901d8658d150827cc"}, "f0d91fb5-a031-47f1-89b1-e374f944e826": {"doc_hash": "7e06af6ab4e6609d353b1fb808454bcb302455175f655a49551ec0404c99d77c"}, "8d188a4e-f759-4b6f-b3e3-22582dec17bc": {"doc_hash": "8b0566b60f356a43fb6961f488a3cc935429b1e0f301cdc9c602b8950c084a93"}, "05e8f456-7e5f-4e7f-8f6c-f54f1e4a4ade": {"doc_hash": "6772298488fdf97bb5eb10f267b665ace0ca073bf145b1b758cc5fca7b3b0877"}, "f155c2e7-35f3-48fb-8dc8-ff33fa56a331": {"doc_hash": "77d154fff02d57a661b3feecc0d583faa1abd0b8b28ed47b25ec1e09ec51f82f"}, "e217ce21-9115-4218-a3b4-c92b87c5a5d1": {"doc_hash": "be84ce0116abd5eed3feb636cee32e30df332741d71cf1cc26cd696893f8eda6"}, "1ee19e0c-be4d-4072-a01f-b8b20007d024": {"doc_hash": "8215e7dfcf82c3f3db4814f50b650454b9c1293fd4ed495c4b96bda13d88f218"}, "e9f14d14-bc97-42c6-b67b-de5501af7dc5": {"doc_hash": "e0d3594b3d2c008a03926f8d9716021c40d3c0c754c14019fbe052d8720a0053"}, "dbd2ee5c-91ec-48c3-a0b2-82f3ba56d642": {"doc_hash": "9301bb00a22fe2745510aa28aa2010a8f8ffd4fb28c0f9e5dcacdb17516336e7"}, "a647e60e-0a4f-44b6-a467-8c09c6773c35": {"doc_hash": "d88a4ddbd3aa935a787889cf101ac57cf90d911a1dc986a81928c1eadf7e3173"}, "56c057d3-f138-4806-a568-615ef7d26496": {"doc_hash": "91c98720d3735845555a0ca85a671d3bfef40817bb0e24b1754c6ace2c5e0720"}, "571db4e3-e1ae-422c-b8d7-e8306b90e125": {"doc_hash": "e7da3b9e67d5b5fa43749259294d505649249eb66ef191c7ae04ba40e8d68116"}, "43b2ff31-9cbd-4b67-aefd-25e2e861e835": {"doc_hash": "81bfe4a8135f1c47a0b41777e4edd1e3b8eced124cbdadd0ab02a999b39b972f"}, "e0be5702-67e7-4ad8-ab4d-8174451bdb51": {"doc_hash": "559069b07566d6ce5480df42722195c593d07a9d6be7766112d189f54459ff25"}, "06cbe005-9129-4484-86a8-bc9db30a433b": {"doc_hash": "6824c9f391598e7c6e91efc95b75ed5900233d7e63e3607c46f063d9495e5d71"}, "672dc6cb-eb37-4426-bc18-8117e5888e03": {"doc_hash": "8286c67ee0f390fc7673da5cf6b52fa2bf5675a80a12f6a73d4fd33f778b43ce"}, "e87b4a9e-e334-4d62-95ca-df1aa17a8faa": {"doc_hash": "f70f0e2876acb513f99b44cc23fe1f638503806f825c1a64cb4d350728a429d7"}, "21baaf96-42e7-4107-94a9-610696a45296": {"doc_hash": "257d305732878c8dfc6be1fa42079d61bf96ef89a259078dec184dc49de9dadc"}, "e89a953f-4697-434b-a305-0f048574727d": {"doc_hash": "ed5f2171046ced534404542468e5c123cfec75d753e297461e5d9c8ee02400f6"}, "592765ce-4d96-4a5e-9051-33e12bed1c21": {"doc_hash": "c93f863a9d151fd5e058379f79877b9207cbc8244932de37b55fd3e1bdb4e20c"}, "b9e8632a-949f-4f0b-a5c5-1d4b74759149": {"doc_hash": "8de5317c284bb197c267c4c3e84c7474f34042fe7a3c489cf3dd70e699e617ce"}, "2fee5d25-e7d7-4b62-8677-fe91534476ca": {"doc_hash": "cc67694dbf74d280249812b97991b842188d1450f04acac04a7ee4ae575bb4d7"}, "55a8cccd-b779-44a2-8407-60a45ffe8c70": {"doc_hash": "db5e9539a352760e4c3fcb82a8d4f16356ba61c33f21aa635b18f2a404db780d"}, "7c25808c-0b18-4bb1-924a-08a8a8ada8cf": {"doc_hash": "490828375930e9258a5aa08b7ba768c92ccf2327be9265160148483d0cccd439"}, "88ac38a4-bcb4-4575-b0ff-7e6c13c47bfb": {"doc_hash": "cba411dd5e1f74e945f6b9615abb91344401f4dd1862dc939ceae83328081cb9"}, "2b1299d7-025a-4200-a25d-25582ac0be35": {"doc_hash": "845c2070dacacd7957d3e493fca3ab09e4e821408532524b42d46e305c7e117a"}, "8870639e-6caf-4c7f-a0ab-81ee0a2d2100": {"doc_hash": "9c4c17b18dca6e5c6c78d0690f6d15fdc267ce98075ff08e975caf246276ee08"}, "8d9f20a6-be83-4963-a2a1-d342caa18f61": {"doc_hash": "2b71416fc8725b51f39a5d462c5baabf03b145ff3926ab0f49d75533bad2db1f"}, "77cadd3e-e54e-4133-9c19-d6d281a9d784": {"doc_hash": "b2269814b579c036c28ed419f11ace7a00c3dcc18616b0b64344c2e7ea314369"}, "7858a4ad-2727-450f-8973-3228ace41cf9": {"doc_hash": "507b527a0c561c3bf0c859cd0175ea7a1d072f95a074b1c79cfc978238907eb6"}, "308426e2-7aad-40a7-bd34-01321a4651dd": {"doc_hash": "a874afba6103801ae3af6c52e0eced4ebb297bbf79a33bbeda936e04cf533f18"}, "373c953e-41cb-4cc1-b359-308fef68a994": {"doc_hash": "8f4022767559cb8f8b61296e5ea35107eb71f614e102ea7ba55287ea87df14d6"}, "c983c817-b6c7-4de9-8eca-d75222ea0a63": {"doc_hash": "ee65b57818e3ebf9e1e50bbc657bdc8b84e906f05e2bdceebe16b1ad753a1d5f"}, "99fdd3c9-7854-4da9-84be-d9b0faf82b05": {"doc_hash": "4be511c71a09136572451dbc0d2f70b6850be09278e4228df4435a62445cb40b"}, "0cdf267f-1732-4611-949e-6b1d09aadf24": {"doc_hash": "cf8e0f63151dae87d97c7ffaab4c515016988d3b56a8cb14da6e56867e9633bd"}, "f0a93551-b59e-43eb-a0aa-f236589f7e92": {"doc_hash": "865c16b9037c84f7c704e59325ea3fdb9af66f1345f96c372fdc1198faa75360"}, "947fa44b-5e53-4ecd-86f4-e6dbe410c8d6": {"doc_hash": "383e4b661abd1278169c474b2038032624fb5fb964e9a3ab6c38de0f0334adc3"}, "f397758f-74e2-4dd7-bd78-1d7676ac3a86": {"doc_hash": "a8b19615e666638bb709e81362969bb62db747e4bbc5537ca81dd3bc4e86d6a3", "ref_doc_id": "acac6aca-512a-46f4-9004-b3391a0b06cc"}, "f06e7b36-1c51-4e30-94b4-2bf596d9df66": {"doc_hash": "898d750b5ddf6aebfe2fb1d804cce494e5a5cae6e28e9ab4d4e675bd81842fa7", "ref_doc_id": "4459d70e-92fb-4e96-9544-9130a931c70d"}, "9b1ab043-d860-48b3-89a1-7faba52f193d": {"doc_hash": "4c6ce37fd1c549b6acb5e89a35497aa63c29af44c46f4f7b5da75f11112c7b08", "ref_doc_id": "986477d3-141a-4507-ac9c-d1493b9b07ab"}, "7f5620ac-d077-486d-9c9f-18d86827531a": {"doc_hash": "e936bbc291657ad005f126e1cafa790615645881feccc1036fd409b5fd66abb0", "ref_doc_id": "f45052dc-a8c0-408e-8dbb-b2ff84189ea9"}, "586a0ddd-8c18-4b81-9cd0-e20cf1005734": {"doc_hash": "e3ed0df3e11f82b750bb633b7368ddb69edea495ff735138ceaf5c383d75fc00", "ref_doc_id": "521a1a8e-053d-4676-8453-689b4419db31"}, "11b8357a-b62f-4a0c-961f-b5f97e68f82f": {"doc_hash": "e79425060d8762653754871983fd32cc45d57021b9b801637d5d6c9a4f1063ab", "ref_doc_id": "306908be-f639-4c40-96bd-481b1b9b6071"}, "9419c830-891e-4646-b416-34a898e708eb": {"doc_hash": "83215b6e32fb83da1afb28d7a950cc9d84694ff5466feaa22a353f8cd7ad5e75", "ref_doc_id": "5f08ffb7-62df-49dc-be20-a2812aff36ba"}, "0cddb59d-0a5f-43d6-89a4-04988adab9d2": {"doc_hash": "92571a2b83afdc669b2ee86f468f114f6acb0ad47a01253594b4ca9c06659604", "ref_doc_id": "4ec11fe8-a690-4225-9c2e-f25a45b1848e"}, "abbd2b8a-8efe-4432-9f92-78b1ccea1895": {"doc_hash": "9a9dc92fe1aa7a5ba80c440b713e69c1d7584633d0bbf94cf922d0efb40209ce", "ref_doc_id": "1d5158f0-67bd-481d-bc7b-710264ea3244"}, "e474051b-3938-42d3-a8dd-1e621f5f11d2": {"doc_hash": "07ce976cce0d4f0f3fccb6fcf988675409e6067dae57f28b58d64a86875d7702", "ref_doc_id": "02cd64e5-9227-48fd-bc37-222e94364eae"}, "d20e0e02-a7c8-46d9-b8ef-f398640e1bb7": {"doc_hash": "81242f7b6eec2ca04e473f2d569fca24573d6c9999e530f9eb12e1db39fc7fb9", "ref_doc_id": "b39e9b4f-27ca-42b3-bea4-24407808f5ea"}, "439d9a37-df03-48f3-b142-15108d3bb740": {"doc_hash": "50f406db6d83dd679e885d0be114b416e239822f88b9ccda97ab0b1b663fdcfe", "ref_doc_id": "03c2605c-686f-4f7d-9a3e-11609f3e78ef"}, "a87c8b20-9c9b-4e11-a72d-259c51c848ac": {"doc_hash": "c302159a9da45091a57e51842b9b4a1a57d25bcdaeb96b31033488457cc7ef8e", "ref_doc_id": "3391c1b0-e488-44c4-ab47-e9c78bf1c97f"}, "129eef69-16fe-45ba-855c-8cb4558bf9f5": {"doc_hash": "6cbadc6a73ebe5b6c8aec08c9c011bcc117fa41a8f50d78b4678ff9ad78f7abd", "ref_doc_id": "deef860f-2bae-4868-a886-d8667922d01c"}, "66f05c4a-cede-4593-9443-5ba29e5c9181": {"doc_hash": "76834a25a33aa2e0a9ccac12ae548418057a6659372cd642ae8669ebffa906f2", "ref_doc_id": "cad99992-271f-49cf-b2c9-1d62f2557864"}, "6bbbdeb6-8585-464d-b590-43837a445571": {"doc_hash": "045eb223b32a2b9df6a34cc07c3752cd9296ced0870213cf86598afe574bae17", "ref_doc_id": "2af0d11e-1392-4960-b4fa-f25857ba2066"}, "ab18cb70-a59d-4868-8dbd-d8c5ccdfd52b": {"doc_hash": "0eb891e1f29724db7f696a6c41cd6138bf2c7e70e2090fb1ff3cc622a2ecb215", "ref_doc_id": "ab7f27ad-dcd8-4eca-91fa-662641649608"}, "f1fb2b50-af77-4494-8ffb-6fc7f238614c": {"doc_hash": "c81e97f8b5bf7bd3d40db321742987a3ad023cbf7378d2245539e170ef1e5ef0", "ref_doc_id": "cb9b6936-4b4f-4fad-a6d4-6102c9a08c3f"}, "5d5732b1-bdc1-4dfe-b125-048cec298dbc": {"doc_hash": "4c6417f799cb8645bf2069f1c1896cb2ecba1860c4902a4479999eea6acdffc2", "ref_doc_id": "e4a57a76-a2f6-475b-b8e9-8570750b8c85"}, "914b3d44-e667-4f22-aca5-f742f44f75f0": {"doc_hash": "78931ecd7ce49e130f75f2be3c937ddde2199ffa2734ab8ec178849a1669052c", "ref_doc_id": "38ec6cff-f199-498c-b94b-70a8c11515aa"}, "4ccaf3cf-4f6d-4a6d-88a9-8d59dce188d0": {"doc_hash": "4c9713eb11c056bb8aa16a628b9435b4c9a2984d681c9b20bc621dc7b0972bf5", "ref_doc_id": "1ffac8cb-c15b-4664-bc82-dda10bc674a3"}, "b221e1f4-6410-4284-aa7e-4cae2369c33c": {"doc_hash": "6011a007d4bc614de87b2bb5f85e950db5cf3bfcdc8cf804c356ef2292910460", "ref_doc_id": "ebaf9942-9e7e-43fd-8607-57b55b9f2e55"}, "8bba7fa5-32d4-4bf2-b2be-faef6a7a5a94": {"doc_hash": "cdd0dad82d74c58c6829c368804ea72d7fea292b90c9731e68fc4328efcccdd4", "ref_doc_id": "5ab6dd71-8cc8-4c5a-a30f-419aa8c4d49e"}, "8e24dc03-0e0e-4845-9b66-8daceb74ec0e": {"doc_hash": "36d5273cf3c60df7f504b7ea60f356b687b41a92b123045381535d3794a8cd6c", "ref_doc_id": "36d52a37-b503-4825-acc8-d0677d4d2f34"}, "97dd37cd-b492-48ff-9113-6b9726660ad0": {"doc_hash": "1a28bdf91e099d17a01ffc59f87a7e3442518dec165f0c7e4cf1caedccd2a93e", "ref_doc_id": "24539908-8bf6-4c32-9e4c-5bc6c322a7f5"}, "8c37bd30-e44a-41bf-b56e-6e65bfc88474": {"doc_hash": "ed497e91b38bc94cc6dab5ae37fb19087bd603d6a0c8aad48def9b53b87321d1", "ref_doc_id": "0dd7816d-8a84-43af-b962-edbe4c314e8c"}, "280c3edd-5f97-486f-85e5-9d750e901edc": {"doc_hash": "61d1da16ad4a52b35783212e39a79a5cbd2ee5cc2f9ed7484861bd7950f47d82", "ref_doc_id": "c9e10d62-eee6-40d3-a9f9-f397d5f665f8"}, "455a4513-77c4-4a1f-97a0-1a6eee9060d6": {"doc_hash": "156cf921fbf015f6ff0d8fbaba20269229c25e704f224e33f4c5c353a5ec72ed", "ref_doc_id": "939cff89-2e19-4528-9913-e65642d2d25c"}, "ca144630-662b-4764-ba22-3b2b216af538": {"doc_hash": "9ce81e0259267841df5c6522c5930838d7bed220c4a5a7468ac09d38b4d0b549", "ref_doc_id": "29b5623b-6adf-4a64-9ec6-966e7af1479a"}, "7dc7d5ba-ddd7-40d7-8348-76756cb94ddd": {"doc_hash": "dbe7f13949a468badb67d3fab6ec6f9c0fd3426f77f34484c91871a72dae9038", "ref_doc_id": "a0b032fa-b5ae-40db-81a0-29a89f7c05d4"}, "d63bdc46-9210-41d9-8346-e84120f75c87": {"doc_hash": "21c65e84fb78519e0d4e131c28dd977b4930ed3fa5d79bec9db0723caef83e71", "ref_doc_id": "6fb3ad1c-8d79-4cf3-a90f-0c1dbc94c9a8"}, "5eb767fb-c8f1-40a6-82f1-0ed44337167e": {"doc_hash": "ea40b0187c9e13f5bf2d9039036c34010cf5d28712d05578f7f2e8627dbc9088", "ref_doc_id": "3891cd6e-0244-4b82-9688-ebfb115abc42"}, "6005a262-fb13-4a93-b863-ac24e0624a5a": {"doc_hash": "f195d576723298dde59f44ddef1d967ea87ab73fad8b6acb1ca5ec41d189e166", "ref_doc_id": "ae1fc008-487d-47ac-92d7-870baf7449d7"}, "275d66af-806d-492e-844f-405bb83c721a": {"doc_hash": "31f628c41d529d100461722a3dfa3b25bee5e6ed4e4a3bf6ecf2e24744944f5f", "ref_doc_id": "ae1fc008-487d-47ac-92d7-870baf7449d7"}, "d8c63fb1-5b23-4501-81ed-4797b0857bf5": {"doc_hash": "a89eb0528e3512c157a560308b7bd6e97625d250aa8284dec9195fa4d7bc301c", "ref_doc_id": "5f1a4171-890b-44a3-a6fe-884c100faead"}, "3dd5b1e6-cde2-43b5-8852-f090063a2899": {"doc_hash": "e3a9399b7853758fda693650b5756c11d1e7bed5ed47a72c63872319593637e7", "ref_doc_id": "af5a1392-d157-4ff7-a93b-a02eb8efe68a"}, "48b8b6f7-0ffd-42f7-bb89-692bcdd3e91b": {"doc_hash": "1aa55ef122a24bf3b3c8aa9f6a9ccbbab2171a40abea63f9c094b4e8109c3434", "ref_doc_id": "e806e471-9e38-451d-a74d-b0f542df5ec4"}, "6310f673-5609-4165-9b73-6c1131235621": {"doc_hash": "84919aac6576f33a839bedb57be0d21f7817aaf4a765287e30899ef6479c0236", "ref_doc_id": "e806e471-9e38-451d-a74d-b0f542df5ec4"}, "38bf0bb4-d6da-4124-95ed-e4d4e0ff86ad": {"doc_hash": "122933e439b8df13809ce0ae93b8b68a3f7413fb4b07967ea66eaf8fa6e2ecd2", "ref_doc_id": "e46e4f40-9edc-4c5c-877e-3b1dd05a374b"}, "f27e16e3-a74b-40a3-aa46-255fc510b6d5": {"doc_hash": "bbfad2b3e307b22748f48982e208484d52de1ce8676f4b3c54b62964f1cde4c5", "ref_doc_id": "e46e4f40-9edc-4c5c-877e-3b1dd05a374b"}, "fb6436b5-7d09-4984-bbcd-5eb9918407d6": {"doc_hash": "4ac28fb47faa9843600b7f0da0fb7ddaf62ef1fb963da31fbd1f5687536c180a", "ref_doc_id": "8db2fd86-be2b-4f44-a294-59480870a440"}, "ccf31de9-face-45d7-b8a4-1c99a0de64ef": {"doc_hash": "1a5c98018d565250b4dc30e3637e286a1bcf4132fc78c9c208c74711e0b5b119", "ref_doc_id": "8db2fd86-be2b-4f44-a294-59480870a440"}, "b6c5b04b-602c-4286-900b-9922da52ac19": {"doc_hash": "a4bea4781511b8cd1d40d6d55b6707548ac8e9dbebcf7c3ef098418de805d25b", "ref_doc_id": "37d7af97-8f2a-4a43-9bd3-25cddbbfa140"}, "61f862cd-d690-44e2-ad87-cd76f90a1ec0": {"doc_hash": "f06a71aabbcb8812c011424dec8f7ab167f648d7f8dacfbccf93dd9047464b16", "ref_doc_id": "e304a855-da02-4bd7-8585-0dbf9a4ad74d"}, "f351c8e1-a325-4ea2-8a10-f3381624ae72": {"doc_hash": "931feced538ba3757a0b502f84f8bcdfcf787f88eaadf2d86f34edc8714683c0", "ref_doc_id": "e304a855-da02-4bd7-8585-0dbf9a4ad74d"}, "ebb1dd16-c846-4e6e-b9a7-644ab8cb682b": {"doc_hash": "acf14a8d8696c5da61fcc8cbc8cbcffa594b54432352f144e6cdcd91d15bf33f", "ref_doc_id": "ae5909d5-1347-4758-9524-e37c4eecd6ca"}, "4820fd69-4b9e-4d23-a20a-43c8d5c3b7ea": {"doc_hash": "13755992f391f5f3314ab05318074677be02b262a8dc2caa105e73382be40ef2", "ref_doc_id": "ae5909d5-1347-4758-9524-e37c4eecd6ca"}, "f0a16fe3-b772-4ad8-ad6d-0ef6ce093940": {"doc_hash": "1404692c6788a69d404ea8431ae7169e8d6cc70bbc463d17355b2b6b52f9382d", "ref_doc_id": "1422f60f-aed1-4167-8f6f-81f030a4659a"}, "9b8d8595-3418-48d1-820b-84906955aad7": {"doc_hash": "831e3694ba8a4411194fb81305fd5f2972e7774c64d31b0e95a27326d3967ab6", "ref_doc_id": "1422f60f-aed1-4167-8f6f-81f030a4659a"}, "6e2bf959-4471-4d79-b0c3-68f98e598a3e": {"doc_hash": "a4ec3a2fcf16d7c4439cc786d0154282cfed34698d3487119eea851a8d60b549", "ref_doc_id": "5e3484aa-f344-4f1d-80be-9b1dfa13ba6d"}, "affbce68-c62c-4f90-a078-e161a09b26f7": {"doc_hash": "0bbc1f8d58699beda213bb37741d6c3ff6a19ff858a0a7994ea1910e582fc353", "ref_doc_id": "5e3484aa-f344-4f1d-80be-9b1dfa13ba6d"}, "045ac638-9274-406a-bcff-cf7d936a13e0": {"doc_hash": "6443c6a472c4e9479fe604cb5d3cabc9a0171203a85a37239a70112d66454f5a", "ref_doc_id": "df08bb1c-a89f-4262-8a59-006fd29a29f5"}, "40bf818e-17d2-48c2-b3eb-07f5abca701f": {"doc_hash": "2f7a351b5a0d5b3a0a189b1747d924cfc9e5e79ac7096afc8c006b22da9583ca", "ref_doc_id": "df08bb1c-a89f-4262-8a59-006fd29a29f5"}, "cd39217a-274f-4ebf-85b4-e1c1ed5cbc52": {"doc_hash": "2d72ba866a0af160da9e04ae74ba4e2497e109f28e27abfd2c290ccb5c44c0d9", "ref_doc_id": "9dc6538b-cfe1-4852-a829-e4dc9950546c"}, "501b5442-04a3-4b9c-8845-aac37ba618a1": {"doc_hash": "08937744a89255a83af6994783ca537a5d6a095b72368149214d9f312d80f0a7", "ref_doc_id": "9dc6538b-cfe1-4852-a829-e4dc9950546c"}, "c71725c7-bfa4-44e5-90ec-bef23868aa36": {"doc_hash": "fede367657d2ed6cd26b2e50e5a1a5f77e730d04aa8f0cc53e4df72b63d4e3fb", "ref_doc_id": "cc370dc1-8c28-4eab-8ca6-fa65bb69a863"}, "36e36ff8-d6cf-4302-8031-d7d3c6b5e150": {"doc_hash": "7fad8aa080454d4a143a8e14e659ff463aea63d14c4e4f8089e1464d6cea64d4", "ref_doc_id": "cc370dc1-8c28-4eab-8ca6-fa65bb69a863"}, "f2b3d6c0-6671-480a-985b-124f90094a47": {"doc_hash": "21ca55e487e15f9ed60dc8dea6cf871d3ceefebd6a1575ed19f36db2557192ee", "ref_doc_id": "33950d5a-aa80-4004-b079-f8e4d18215be"}, "f3bf1135-374b-4e9b-a5a1-5340e807f392": {"doc_hash": "bb121c8cd848bdd02dcad9c5c629bfe7d77cb3569d1cf2960b46c9723e93a316", "ref_doc_id": "33950d5a-aa80-4004-b079-f8e4d18215be"}, "98829b85-5ce7-490d-a7b5-e7029b77c64e": {"doc_hash": "012dbc7dfde16202ae21f0bfec755b680e2e8f4dca7e086b6aa5e9900a119df8", "ref_doc_id": "ed9c4490-8860-4bd7-aa0a-d0613191a84a"}, "e708f0fe-b5d7-49ac-937e-bccfb1c34c22": {"doc_hash": "0097217d933b5594c19b91a9fc7b8651128b68dd79229c2d9ecd05fe6d5024d4", "ref_doc_id": "ed9c4490-8860-4bd7-aa0a-d0613191a84a"}, "d4f4cb04-bf72-408b-95ad-f19dc3310b7e": {"doc_hash": "a50a7e4bd68b5de702a5d4ccf3a35f2ea85caa5eecb92614064467407cee558f", "ref_doc_id": "588d17bc-178b-418f-ada2-bc166e4c9195"}, "6d1ab6c7-ff47-4f9e-8dfe-4ad157104033": {"doc_hash": "5caaa4772733344a9a7cec5e6230a5d068acbb03892426cec998baee1903258f", "ref_doc_id": "588d17bc-178b-418f-ada2-bc166e4c9195"}, "18f6f3be-5385-4831-828c-5dfa88926438": {"doc_hash": "620211bd83451b12304bb77e7ed828c5551ea1db233d2660445f2f1d43a637ef", "ref_doc_id": "3a075b6d-ca23-423a-bb1d-d57c374809d2"}, "40614201-d2ee-459b-a566-37fa59d2f41b": {"doc_hash": "4c880b1051d897baa1e59e730e6768a62283c63a9489fcb334eb1021191c3d80", "ref_doc_id": "3a075b6d-ca23-423a-bb1d-d57c374809d2"}, "3152b49e-5ae5-4063-819f-3e59f346574c": {"doc_hash": "d3b8190ac439e13c0e6c05d734b37e9ab53f2087a79297fa99a58f8a122b879c", "ref_doc_id": "31e1f748-aaaf-429b-9d4a-3dc462fcc50b"}, "92c79e6b-5e7d-4180-90fa-b27d98202f5a": {"doc_hash": "5e16ad16eccedfec3d7119e548848f5a22a91ee1d5b58f72aa0fbe6acec9de54", "ref_doc_id": "31e1f748-aaaf-429b-9d4a-3dc462fcc50b"}, "20de1c8e-d083-4e59-8435-3bc785e39bb9": {"doc_hash": "990c4fbd5bd2b95cc10676f61cd4ade684a85ee36edd7ad43550dea64e819418", "ref_doc_id": "210cd3b0-1e81-4200-86c4-eec5b2fdf1dc"}, "4929adec-fb85-4eaf-8e08-d6256d960940": {"doc_hash": "48a46f5d4153d54850850e71f0774d7a8727daf50ff5143a9ab07b8b07bf31d0", "ref_doc_id": "210cd3b0-1e81-4200-86c4-eec5b2fdf1dc"}, "ff7005ab-052f-4de4-9f63-cece4309f5d7": {"doc_hash": "56a7205b67d96219c48e4afbba49b49347e47f06a1f9cdd43ea465e60a6e7d03", "ref_doc_id": "9c2b4e5f-7099-4ec8-b7c7-2b41fd116e6a"}, "17b5b428-af32-47c5-96cf-34b946349279": {"doc_hash": "d31b251b9d9d8b1afc9fcc242259711b7cb25d835eb083a95780879052920bd8", "ref_doc_id": "9c2b4e5f-7099-4ec8-b7c7-2b41fd116e6a"}, "c66de54d-7fb0-4570-9c8c-0e8a72bdaea6": {"doc_hash": "1180d044aec9623ab97b6125a97532bb0642832941e51ec882f93f9f08ac3f6d", "ref_doc_id": "612f61ab-238f-4d9c-ba42-ad6091940625"}, "c3e3424b-c13c-4928-8cca-4fcba4ab9d32": {"doc_hash": "ac0a76f276f0a834e0990315a6ee65ebb82d74fec61320134189afd37415c316", "ref_doc_id": "578d173b-5798-4340-a3e6-574cc2768df8"}, "2f798006-dcef-4f8c-9001-0cd443feffbb": {"doc_hash": "94049353f1a7a89a0b8e2562c1f1ad33dd27e19b51621e1760f415d5444da2b2", "ref_doc_id": "2946c7fc-2184-4972-b866-f97593d55841"}, "c5fe8889-7389-4907-8b83-51466d6b7d68": {"doc_hash": "82b4495f94b6893228650f6cd37d30496bd51d96d6f8ebee6605859385a937d3", "ref_doc_id": "8a899f5e-b5a6-4a78-8e2f-db870cbee2de"}, "06bd4db0-07ec-4cf6-bfa2-0958d94f105b": {"doc_hash": "431e848b2b46b452fbc868cab71b509f661d73e0adf597db309dfc5e13790187", "ref_doc_id": "4705907d-e082-4799-aa3b-e21a1f4ef8ed"}, "a90f39d9-048b-4dd3-8fc4-b79ab50fcdf6": {"doc_hash": "87b896ce893fb0eaba315f605be41ce51655330ba3cef35d372d99e4ab134778", "ref_doc_id": "10747407-8453-41f0-92e4-a7fe0ce604b1"}, "84a0d9ba-583b-44ec-847c-5561e50a23e5": {"doc_hash": "80c92e9b513ab69d9e7b02c867cdb2b1a5a210f52c202fe30ab42c06216989e7", "ref_doc_id": "10747407-8453-41f0-92e4-a7fe0ce604b1"}, "e9c6156b-d343-4187-bd3c-dc7da81223d1": {"doc_hash": "71e88cf1c9f3d51f3ebab24c436396a4471f15a1e8beb7af479175aade57eef6", "ref_doc_id": "e6a65fb7-0b15-4313-bf2d-7574c117bb54"}, "e92b4eba-2b90-49a6-8e98-4e141c0977a4": {"doc_hash": "17f3c0fa1f96390d319912fb20fb0e0571e6ca61b17ef739a0a1a3fe67c8c192", "ref_doc_id": "e6a65fb7-0b15-4313-bf2d-7574c117bb54"}, "683d7265-aa1d-4511-9b77-5b5e937c5e84": {"doc_hash": "60d84186a94037812493aa522188c95630fe9a11f3791b4677074bfb53e8ea6c", "ref_doc_id": "a35a2c32-98d6-4f52-bf11-d8ebd42cf366"}, "5e8dc244-cf38-46f5-bd8f-ff14e02022c1": {"doc_hash": "481e70ad14af71accf4bab597d0e4483b6c6ca360cfecd329e5e20307c80bbf7", "ref_doc_id": "1cee0cd4-f992-40ba-ad0a-99c1960d1f9a"}, "ce984d41-de52-42db-8edd-7f426a09daa0": {"doc_hash": "d896633adc2b06ab886dd0bca4c4745acb94c16ad409a39baf4bb7a653f43b3d", "ref_doc_id": "10babb4f-6c9b-4d45-abfa-d0851847e2ea"}, "d4b84549-ed2b-43b5-abd2-a6008bf368c6": {"doc_hash": "40ef47aade4eb7df35c19522cb83105a2517e0b2776c27caeb002a97ce1b2eb5", "ref_doc_id": "10babb4f-6c9b-4d45-abfa-d0851847e2ea"}, "2b67b43f-88e9-4f06-b217-4fe21bc3af80": {"doc_hash": "c57da9d29f874d33d93d580407c30389aef670363aff0f4e9593509e17a4947c", "ref_doc_id": "e9d550ba-9d49-43a9-a825-c1df87070c42"}, "a8f3d25c-f650-480e-94c5-049a3fa0dc5b": {"doc_hash": "bd08a3343e594b72432eafc83552ad4d6cb7f1dcc261afa8066d62f57c30399a", "ref_doc_id": "b6131e26-39e3-40ec-950a-5d8df0bb66f4"}, "0e88f3a4-8aaa-46b5-a20d-19f99c82280d": {"doc_hash": "dd8a714f01ee61c3edd654243a9167a66cae5ec6daed08326d1e3d45d26ecf9d", "ref_doc_id": "2b93ac92-99e5-49d6-b621-18e8398b4c34"}, "6c087e1c-cae5-449d-ba78-28ea096e0ef1": {"doc_hash": "d6acdca6484db43a28e8d9eba9516754108a6573667782df54d68935cafc566d", "ref_doc_id": "d7196f9f-034f-446c-9e14-8ffe6c8a4640"}, "3d628788-6c1a-47c9-a98c-94980847087e": {"doc_hash": "93b6f316d3c7f30ca5d6b17ae5d5e0b5605b03441bd52eba65b1d1d443e20ea6", "ref_doc_id": "947c2300-65a1-4adf-aadf-b5b16f7393f8"}, "653cd6ad-9b48-4640-ae19-cdb92d3bafb8": {"doc_hash": "02a26a00563a20eb39f38cf387fbe1b5ab7241388879dfd16177305115dd10a3", "ref_doc_id": "360f3365-e541-4075-9090-dbdac6a76cee"}, "41f23264-3038-4ac8-b3d7-1e58ae43dd64": {"doc_hash": "8595251569af270ce84d40197967ebe46262d2e918b78e30589419df97557903", "ref_doc_id": "d5ad60ff-564e-4d32-ae36-38408bd00e9a"}, "3af0f7de-f92a-4ed7-b72c-65c6893c33ac": {"doc_hash": "67debf98e07164ec7b66586772399ecdfd77acda049874cdcf4b333c01726c1c", "ref_doc_id": "d5ad60ff-564e-4d32-ae36-38408bd00e9a"}, "ecaa262e-538d-41bd-b576-9e311def6061": {"doc_hash": "f227a25d595b93531243ee37caae2b956226de1b4947cbf25688cf7db2ab71d6", "ref_doc_id": "d5a85302-a5e0-4068-a7f3-f7221c72b2d7"}, "cfb3f958-a97c-46e1-b80f-19c96e9a4a1d": {"doc_hash": "d9bb40c5a2b26bc44481093288815b3f8c83be3ca3b1e07d2db34bc6eada8ac5", "ref_doc_id": "d5a85302-a5e0-4068-a7f3-f7221c72b2d7"}, "5f265d66-ca65-4ff4-8ff0-177be27dae5b": {"doc_hash": "a72f69a9cc7a8c39a2f35307dd568a75dea6b717028f09a375d3d6407b524c58", "ref_doc_id": "c04ab342-1ff3-48f0-84e5-aed425d44597"}, "40e42784-183a-4ee2-95d3-5af6c29cd958": {"doc_hash": "1c43b1e6f6672faccd5d3ea8faf5c2d8a668578e67236a2649016282bbb451f0", "ref_doc_id": "c04ab342-1ff3-48f0-84e5-aed425d44597"}, "0935ba78-5ecc-4087-a642-ca1b50b409eb": {"doc_hash": "fd1ee20a68700acc29282ff778b74b00c8be2f0ca9ab1b9ebe358523697f81e7", "ref_doc_id": "c2021f43-9b6f-4671-a6c1-0ac0ab3e0cb4"}, "a1834b50-29ce-4ce4-91d6-d09e7258ad62": {"doc_hash": "011777f61b5fbc0bdfb2897bb05408c5a948d38898a50a738a995c6f4861738e", "ref_doc_id": "88accf94-342d-4a90-bbc9-bb7f1712659e"}, "7421827e-bf54-43f8-b00e-91115bb94d86": {"doc_hash": "64d12d367b49fefca332d554e7c4be25150f813f512760e3bf499232057a368f", "ref_doc_id": "88accf94-342d-4a90-bbc9-bb7f1712659e"}, "0bfe0be6-5671-4c06-adc6-ac22a7f39ca5": {"doc_hash": "7bf8e7c41d085e0395d15fac9070dcbf1eadc6796a55a6d9c07dc385ab1e447f", "ref_doc_id": "e011a64c-de58-4bf5-8afa-0d01b19ba3d9"}, "1b1a96b2-5a27-4267-80a2-732eb749210a": {"doc_hash": "0d157efa9dea805d5d28705637100eed036e8270b5a741f39428bbed4f455331", "ref_doc_id": "e011a64c-de58-4bf5-8afa-0d01b19ba3d9"}, "adbd0139-1b66-44bc-86fb-341078540f37": {"doc_hash": "4dc6f70ffe256bd6a2c8222dcb8c82d6bec6f220566464b9e2ddf08c70b2c084", "ref_doc_id": "6a24e0ec-3999-40f3-a210-96c9021512b0"}, "4b5dc28c-007b-4b9c-a535-839b07a71fa2": {"doc_hash": "18f2a18f273afa7e30e02c8c25fd67b24ef2262861d4864f6ae0b26bd1be1105", "ref_doc_id": "981a4537-a55d-44d3-8cd0-980e2c92c06e"}, "75248ead-bef3-4272-b3db-6f9181322fc7": {"doc_hash": "538a2320928451bb5a7f6cd9d41979a9766f9ed5e27a16ba509903875aaa4fe7", "ref_doc_id": "bbe5ed53-ce53-4623-b49e-31cef9d8272f"}, "d61dcbb4-1c5f-49f3-925d-16d564240efe": {"doc_hash": "05ab3c01ed870a2a73ab334c6dfcbf71c9c2b1073a8a565273986f130191bc53", "ref_doc_id": "819ade15-5d64-4e44-8c5e-e4a086539b98"}, "94eb1e95-b897-47a2-a3a6-184a281fdfe4": {"doc_hash": "c1ad01310de105720d7290309ea5c5812b11e06c6413cc427c7ed367c09d80f6", "ref_doc_id": "02eac51a-31d4-443d-accb-f1d1fd7e0370"}, "d3f501fa-7885-4478-acd5-d90679622757": {"doc_hash": "9ca740bd35ba8d04d4848775c38f99736753f7c7fd10395f7a8513dea37738f4", "ref_doc_id": "005bdf71-939e-4f33-bd55-32af4dedd364"}, "d7bbea99-db10-440b-ae37-9dbde0f4506c": {"doc_hash": "da4148336956f9b958983fc27342e758662c0daeadba4cdf07c78a297206273f", "ref_doc_id": "63e5bf4e-b93e-44d1-9847-fba946c3d4da"}, "ad6f556b-25b4-475c-9de5-cd8efdf186eb": {"doc_hash": "bad1257d9cd2a4e925291a5ee2816e0be7a8319684ca418d772102debd84843f", "ref_doc_id": "51b813c0-14d7-46c8-8e80-c92cfa81152d"}, "d07ba649-ade1-420e-a7f5-56c6878b7c46": {"doc_hash": "bd6bed02274cfb66308ff415b8ad4fcc8d97ee1b42a251aa48b66a6e379426d0", "ref_doc_id": "03ce5caa-7256-4c78-9993-ea35c777f5e7"}, "1b3ef88d-6750-409e-b9b5-e7255e031f37": {"doc_hash": "b750a41f9638d7abc9edd6d411d8fa6f93704694af3223353f16e9aeffa0db00", "ref_doc_id": "02b47f68-907e-4f5c-9e35-21cc4770ac74"}, "ca9f4f15-695b-41be-b3f1-0dba2783f8d1": {"doc_hash": "df8e4fad2571dc89772f62d36ce633fc5a3a0441de9836c3504aaa051800d0d1", "ref_doc_id": "ec5593b7-c3b8-412d-8a7f-2cfb62a2faf3"}, "75127d7d-72cf-4da6-9aad-291631c7026f": {"doc_hash": "646ebcd20d1064263234ab82913aabaae5c78549cd52523aecf322bb3b7d74ba", "ref_doc_id": "28a82910-12b2-4bcc-b709-21f3d7231338"}, "94cebcb5-2195-4a8f-9160-b568e5da4d12": {"doc_hash": "22d72dcc56fc893a36dce890b9cf28a67d1e935520586e43b316a715cb33d216", "ref_doc_id": "3c601d33-fffc-4403-9aa8-9f1b110acaeb"}, "8dadd8e7-003c-439b-a908-6a8eaf241d5e": {"doc_hash": "95f22e0176b841781f432b010786ca029fcbd6b0820e2ca591ac8a882536d861", "ref_doc_id": "3c601d33-fffc-4403-9aa8-9f1b110acaeb"}, "3a93d56a-3659-4404-8197-7d7b68d452ca": {"doc_hash": "89cb022f703bca6177b6499babc6caffd405b6e06d434ea6e86e5321e7aa76c1", "ref_doc_id": "8417c1a5-8da6-435f-9599-c8bccb94a1a0"}, "a8335a83-db33-44cc-a635-986a7c390384": {"doc_hash": "15d3247b39bfcd1cd4b68e315699270d80ddbeb55e89a60f886b308daea922c0", "ref_doc_id": "8417c1a5-8da6-435f-9599-c8bccb94a1a0"}, "51e9d250-8ea5-4d7b-bd5e-a425b80299e0": {"doc_hash": "75f1f1cba9e45bbc1c15126b7a74f5b9d10d72a854abc352f96de2dff269647a", "ref_doc_id": "c4554840-6815-44e3-8766-adb80460fa2b"}, "ab78a87d-3188-45e0-a525-c3f0edcfecba": {"doc_hash": "8490b4cfbb9b538c732bb9199ac1cc0e7708f5543499d00821ed2b2957dff79c", "ref_doc_id": "c4554840-6815-44e3-8766-adb80460fa2b"}, "a37d2ec4-03bd-45e2-92c0-153cf94ceb0b": {"doc_hash": "15acab6fa9ca11c7690bbc3c009565150b949e2006f3e61b59a16653ee56cb16", "ref_doc_id": "90d98772-4870-4417-9c7c-4bf50533d6e9"}, "64dc8d76-a01a-4d19-b9f6-b79aafce2f5a": {"doc_hash": "28f5f5435d37fc08b69df9223bf152dcb47b48c5ce507433fe26c4b99ff64cff", "ref_doc_id": "a75887ab-f65f-4772-8ca3-e0858b075797"}, "a2129b9f-405b-4341-924b-26be3a281439": {"doc_hash": "fa11ac718d4ce3eb682df177b0f61bf6b4b80adad1de003d90e5c93cc09ec6a9", "ref_doc_id": "65131bb6-5379-443c-ab7f-d7a3ca3255d1"}, "7129c119-b6a6-4829-b2f8-8ee6be6fefbb": {"doc_hash": "bebabb617ab9d1a6458a4fa93b9d51acf114f31e5a9b744c05df97396bc0f473", "ref_doc_id": "740bc662-8870-4426-b240-5c50d68c913b"}, "17f54d2c-c402-48ca-af1e-353238a5e83f": {"doc_hash": "9f223d1071704e7a711b01ab58731044084862326992007194f3131039e6da20", "ref_doc_id": "0a6d186e-789d-4d3d-b8cd-a06fb0632505"}, "2be7723e-e957-4f77-a057-5c89fd22ea4c": {"doc_hash": "e939a7d4e4b1822a30b9fb2e01cd11fccf86d5e0655f833a8d2dad6c8752246f", "ref_doc_id": "3034d23a-4bcd-4cd0-8b93-032bb39a2109"}, "662f746d-db40-48d7-ac83-9f5a1715fc6b": {"doc_hash": "8358d960dbb3a939b29384b9be979551dbb2df0cc5bc465a1582cfd9b4ffa865", "ref_doc_id": "3034d23a-4bcd-4cd0-8b93-032bb39a2109"}, "f6e76057-77dd-45e8-a451-c0e4da1b0e7d": {"doc_hash": "29e60dd065a49b0c4bf89120995da1c02383c7b35c406fbece77159c48b6a881", "ref_doc_id": "d1d5aac7-eba0-4262-8aa6-c973d02dc925"}, "1bb67309-82f5-4cc8-9962-0acd7a0b44fa": {"doc_hash": "9fe421d36390147d1c3ef9ca6d4f1ab50359e08a06e7b463b9ee785b928144bd", "ref_doc_id": "d1d5aac7-eba0-4262-8aa6-c973d02dc925"}, "cffa8176-8b06-4c96-9159-00a8deeffbf1": {"doc_hash": "1289e44ab5cda4426b722793d05d90da478499db807b026be6b47305d4a71d52", "ref_doc_id": "4ce3f313-f32c-48f0-9969-cf6bd9fcfcb4"}, "1a5cd1cb-fa91-4d2c-9362-66bb345f9295": {"doc_hash": "b9bdb562678e54923d09160bb051a8680683bcffaa23e70929a184933145c97d", "ref_doc_id": "9634ada7-a4e0-4166-9a1b-866884cd6a91"}, "b273fc16-0f0e-4703-be6a-ba4019310424": {"doc_hash": "e7969f0ed0b4a1c9bef4fc77caa24c8eb028543b8cd2d072bf159625e49c9a69", "ref_doc_id": "fc9fbd0c-2859-43c5-87ee-ecf430034c48"}, "b020ea2e-5685-45cd-81d8-2ce6e1a87edd": {"doc_hash": "9007bb03f7d126cc39a98a6305333f2031e2c40c3d10483a9093940b390157a5", "ref_doc_id": "a897dc3d-9f96-42b7-bea3-470158678db1"}, "262d5f00-a810-4f7d-86d5-71d08dda72dd": {"doc_hash": "78c6ffacd5302f9df176ba24bcf540771887935133478304e769da945f0bf5f2", "ref_doc_id": "f45876ee-dac2-4ecb-a20b-2e4b838b96f5"}, "2c5fb01d-a761-45d5-bf0e-a88b9063f518": {"doc_hash": "60ee507de244c649f4b71b3adad0195fe110762e9794b587886e2f14d79be9e6", "ref_doc_id": "2f5d326a-515c-415d-9350-7bcddde4a774"}, "42cc1271-9a55-4ada-bc7c-e23a682ce677": {"doc_hash": "d537004f3f0e0d15f5f0b9b44c077221f748682c6431631dd1ef07c6305a6e0f", "ref_doc_id": "729eac02-7f9d-4a4c-b3b4-ed4919d16782"}, "e01ed03d-baaf-48bb-bfdd-2ab9b940ea42": {"doc_hash": "e17c015000c3a67f645e02af77edfb8fd90ede19481dfba1d0c681fe0329653d", "ref_doc_id": "600f26f1-16b5-4d26-bb38-1544f3a171e4"}, "8a961696-9b18-46ba-8361-d749d6a62e4f": {"doc_hash": "8b8e6952be9714a39c8faaa91badde563235759903f96578829c1aabfee037f6", "ref_doc_id": "ef51289e-5719-44be-93c3-51b795ad249e"}, "66dc147c-ccc7-419d-a656-968c22ee72bd": {"doc_hash": "4142afc88ec22a782f75cd26a81d9a02cd8c63895d6630ece3e377261e070556", "ref_doc_id": "3151ba61-d6af-4de5-9252-b03bdf635a7a"}, "cc4da445-1411-436d-a120-3ee01c490aed": {"doc_hash": "d9d9820c3d140404d73bf7681d032496384a4ee881f4d4c75ce5a273c39a46da", "ref_doc_id": "a15af5bd-ce17-4768-a3f4-2f9f1479452d"}, "a8db40fc-e025-4e0b-92b5-d8319a2ecf23": {"doc_hash": "ee0074f1c1d8da10d8ea4fb6eddca9885203ef358392e19e98f8c8df2adee25d", "ref_doc_id": "a15af5bd-ce17-4768-a3f4-2f9f1479452d"}, "e3fefdc9-5da7-426c-ba10-1fd599205ef8": {"doc_hash": "093310bcb4d58a621c49d115e405dac01fbd4d8e5cf645666bd92fa4e3d0c920", "ref_doc_id": "019b4a78-b6c6-4a94-b4cb-aca25c12955e"}, "9794344c-fb34-4cba-8578-e3e84091ed15": {"doc_hash": "9347f2075112e0ccd096bd24251419fbacd30117a39bf3d1a3c364665934255c", "ref_doc_id": "019b4a78-b6c6-4a94-b4cb-aca25c12955e"}, "fee73744-c969-4eed-b3e5-7798097a8bbe": {"doc_hash": "02c4e27576ad0f99c9a6c7984f7fa97f3fb060dc18493659849d7b50456f29d7", "ref_doc_id": "8f16ef1a-6022-45b9-896b-7406ef982987"}, "3700d97f-5c92-4f6c-9876-d43dc39c51d1": {"doc_hash": "c2f3ad0ddad22513f03d75c0220682371ecb257fd497e25d487f0059e52b6d5b", "ref_doc_id": "93de6ff5-4055-4c50-9e4d-c6ada9cad57c"}, "faa3243e-96eb-4267-8c1c-9c632a31766e": {"doc_hash": "0fa0f12c930b845fc53117022ec6905357783d31ef4b23fd9277c1c8826a7ab8", "ref_doc_id": "bd4b84b2-4472-4b0d-a9a8-bf71119ad85e"}, "86ea6ce2-385c-4a47-8dd2-067e55379759": {"doc_hash": "61dabcbc119bc75726c397ad7cb41c561a6319991377f564559f71c14255b23f", "ref_doc_id": "82fe8206-432c-4b12-9186-c97a1413a33e"}, "02f22f7c-6b0c-49b5-b308-6b5eb808fe36": {"doc_hash": "e0fb3e35530ab3f1f1978bce3a4899332f46d56e5fcc2aaebdeff15b08ec7acf", "ref_doc_id": "ac3a728a-aab2-4d92-85d5-63bcc77e0c0b"}, "f35d7613-0cd3-43fa-a801-96e434e3ad18": {"doc_hash": "0b66616207a1a6553948ea46aa3b28e4708ec6104bf678df8208e3de6b424863", "ref_doc_id": "742acb83-d097-403e-bd71-babdf1ec7d50"}, "b0b457a6-55ab-4909-9697-2a33f217691b": {"doc_hash": "64f57163b507e09d6492455822cc0f1876816af32247953c9836823a3e47e754", "ref_doc_id": "9f367ee6-4dc0-4307-aaf7-756fadc3cf0d"}, "8dc6b4bc-9945-42a5-9e06-c49496cba716": {"doc_hash": "5c79cdac546dc89c36db82ff10d0c0ad0c757f7e539f6de898278dea532cdc4a", "ref_doc_id": "132c5037-ed08-4ec6-b8b3-817cfaf50785"}, "aa8c9d9f-3aa7-4781-a4e8-2c1b1f2d67af": {"doc_hash": "4e8b42292cd002d31f87d6266bf09c15520f49976086c8eae62f329ec637e714", "ref_doc_id": "d91eb3b7-d193-4294-ab0c-602748c38566"}, "ef79d5f1-660e-4089-9ca9-239fb08d739c": {"doc_hash": "f80896f92a1cc16c89111bb8d0e8cf89a8b4663074526f8b8f5fb07c4bf46c69", "ref_doc_id": "3e9eb067-a29c-4e96-a9bf-37f437a472b1"}, "7a384cb7-5e1d-4568-bc83-bf2149619c97": {"doc_hash": "584f946577d3c5cc050fc56274576b33ef2392dc7e71cea725842b1e25a2af8b", "ref_doc_id": "e5a77205-126b-4dcd-831f-f1d3738082d5"}, "7a9cae3d-57f5-4414-9f60-39329893d1b8": {"doc_hash": "61f8d1aa57be287b09def5b480b6a3343ec6114275b0caa20911623a1b9f846a", "ref_doc_id": "81bb3cb8-2831-4dd5-8cdd-93d2ea347ef4"}, "f2d35fda-17de-4cdc-a974-0a8bc183789b": {"doc_hash": "7822cdfb4943fc47e7c9c3dea62db517a62ea6325b4e9df767bf8a51d86b7230", "ref_doc_id": "729b976d-19f1-4766-8dea-a07e9a660920"}, "5a34deb9-4b6a-4fc2-9945-e05070e9be8b": {"doc_hash": "c68bba517e7f30f687757b1214552619cf048a3e3ac91dc0062eadf5836b4ac3", "ref_doc_id": "29f5a88b-e131-4d9f-903b-2903f88744f9"}, "666ef753-185f-4b8c-b1ee-7013a4c6e038": {"doc_hash": "65996d98db7ac6a51e7ca92c2dafc9e1f6b34feff4ab9c0e912d58aa59746c12", "ref_doc_id": "29f5a88b-e131-4d9f-903b-2903f88744f9"}, "b4cbd73d-c13f-4fd3-bc21-96392ff3f717": {"doc_hash": "3bfb34bd1a58cf93a50b12d1353d728b367a308e2d444cd1be04c08e07fbaaf2", "ref_doc_id": "95a80495-0cdc-4f12-af87-507d66f26dc4"}, "84d0eef4-3182-4522-840e-5fcf90afd924": {"doc_hash": "632470357deb136670f4f6e458df24f223e898e928ec3605deb85bd86dddfaa5", "ref_doc_id": "c3ba7d44-3e85-47d3-b206-eb9d8977432e"}, "27f09784-4970-4428-8743-fd5cc473e101": {"doc_hash": "930c0836189840dabb2ec407bbd49d775ceafb1ba887304f6ce8c372321494a6", "ref_doc_id": "9dc47b0f-bd60-4f33-a580-e4f32b5056eb"}, "5ea669b0-0679-43a6-a25f-35cb0ae714c3": {"doc_hash": "30c99385fc7799c5b2c77b36534eb642b903331eac4acecbd2e7c4f82c1e4b37", "ref_doc_id": "9c0faee7-cad8-4322-be0f-2ce7f872d989"}, "0df272da-1e0c-454c-bacf-a6fa790aec77": {"doc_hash": "68312939c307591ea9f25743d5c4da0b6bcb97ad8e2a6d5c5622a6b30bc70e64", "ref_doc_id": "c650a1a1-e732-4953-b6b5-a9bc952fd89a"}, "d4c7a28b-c1ac-4209-b7ae-b9ef9b44cb51": {"doc_hash": "7392b7a870a8c6899375ee2f5c24525d55ee5332fd5667546fb5463be86c6902", "ref_doc_id": "846d9650-0bfd-4192-be4d-c2c6ebee8eed"}, "1ede1021-0c33-4b93-9a32-2b2182fc3939": {"doc_hash": "6d7f40928251d757ab44e9fae2c2a04c58ce34fe61e52a96e0e653b9ba4eead5", "ref_doc_id": "77e0653d-b007-4532-bf65-4e158021ba93"}, "6c181260-bf40-4d8a-9110-0bfdb9570779": {"doc_hash": "800766727bc456783d9e0276864b20b5049bf8934007caaa3350300811215fe0", "ref_doc_id": "277831ac-52e4-427b-b981-e0527507f6f0"}, "5fa2fe4d-b37b-4f3c-affb-9f9779269603": {"doc_hash": "046572876ae60bb1f730d27938a69b907478da1b6241be4e7dc6656337190ecb", "ref_doc_id": "2364aefa-da4d-4241-a3e2-874ca913aa01"}, "dbb43c15-a292-4aca-86ca-98f2d7512bf6": {"doc_hash": "fa9c67392a56b9bc870e4d6b63c38c5ec05f0d3b2d770205fab818b31810f673", "ref_doc_id": "d55627cc-e8b0-4c3a-aa3f-fe2528a7440c"}, "175889d5-56d9-4ce8-bde9-02752dc22f2f": {"doc_hash": "dd7c2b657c2052fa674075bd8a0d66173959c3710dee39f8a0a027a156ba0e9e", "ref_doc_id": "777d1990-d1b4-4953-a86b-ab37e51bae12"}, "5013fab1-3009-4769-a70e-586f961627c9": {"doc_hash": "a178655d1683aea5876d98a75cd3b6cd0de4f5d356b0c1a2380d380910b1baba", "ref_doc_id": "eedb614b-71f3-46c2-8346-3e7269bab544"}, "4d749afa-f519-420c-ad0d-cc92e4eac337": {"doc_hash": "37193fdc122f208fad39462b2aadad8a13100ce4fc68506a2132127668620c2b", "ref_doc_id": "9c365f4a-50d4-4f05-b110-a3cb5cd74e7b"}, "c6b7bcfe-7ed8-4902-a2ea-90af017ff566": {"doc_hash": "b226dca3e896b0a0ea373c7f74cc1e7565e1c4a23f8f4835a5e6bfc62b52d9c2", "ref_doc_id": "78815b97-357e-40f2-b35f-de39bb50424b"}, "09dfd177-8af8-4212-b08d-53a745dff112": {"doc_hash": "ad29f6cccca26c0dfd794f5001abc04d92705183aac828131effab0fd411233b", "ref_doc_id": "d8023a0d-1880-4681-a9a5-6bc24f5d7ce1"}, "fb02ef7d-2cca-41d9-9248-496df77b56c5": {"doc_hash": "4e7c4c18ae18548175adae1768a36b3e00d2ff9acd674dd2b67d261bc1bfbb2a", "ref_doc_id": "d8b3fa6c-dbc5-40bb-9c54-171908ed79ad"}, "1678025a-8b98-43eb-9ce4-3ca366e1ac93": {"doc_hash": "901feaa5779f70d68f052d57a48488f118ccf3ce19135412cc03b94cf8dafc48", "ref_doc_id": "e609533f-6b77-4d2b-bf39-8c24827cf532"}, "dc9469ac-88dc-49e0-b33f-07fdbb0dc973": {"doc_hash": "d91585d0d8db5a68fa403d15ff3c776f9a96110932643db1f81d714e27c79558", "ref_doc_id": "d425a0d2-c12e-463c-b738-25c378841e55"}, "9fc6ef71-028d-456d-a544-7c1b7a05cdb6": {"doc_hash": "1b0816df3f107b73e998463bdc0e0d9c8dd5178013820d37a05faab92321e809", "ref_doc_id": "7d2441fb-e4b1-446d-a764-a8d688a4b857"}, "ee140d5d-5961-4632-9bb0-be66521a43e9": {"doc_hash": "03f06a0a5768cc3682d4b2a786b53ef07eef449dd8201556e7fd87169d0b6d18", "ref_doc_id": "51cf4b2e-7585-4079-83f8-0656abf2ca3f"}, "75fe5019-9a11-42d3-a83b-a961428ec276": {"doc_hash": "4a93b64882dcfc200d8f8d0de8b4c94f7195219e3b3665f03e0dd1e42c2067cf", "ref_doc_id": "eae231d3-dd57-4c28-b3b2-cee42eb04f12"}, "1a162852-189c-4bde-970b-e708f6cdd7ff": {"doc_hash": "b0e0395c6d2aac4bb707b203e715ed29068d051d8f3fea6f1f77214471a62fb2", "ref_doc_id": "39fdd2c0-cc81-4c78-9887-2217c589a586"}, "f7771e75-18e1-4c86-8c35-913732dd1b1a": {"doc_hash": "678eb35c82512ff4f8915d601de7fed1882043b1608c5e99b27eba356f014644", "ref_doc_id": "ed31c326-3a68-44a1-8969-1df62145fb94"}, "14f1973b-242b-4c09-8666-53fc9c0ff8e8": {"doc_hash": "243c8a93f24858b2bf30dec37f62588c0ab56cbd754a431f49b5ef44c9ab0fc9", "ref_doc_id": "dffa299e-f822-4a0d-bb49-af8aa23cd8d8"}, "6095b1d0-6e78-4e98-abf8-c14dff7cbdd1": {"doc_hash": "f2ec6b457bf307912b54f691f7e1639aa6827145e03938a871e04df1fa1976c4", "ref_doc_id": "dffa299e-f822-4a0d-bb49-af8aa23cd8d8"}, "3d79ecbd-214d-4e2a-9654-b31777a45e2a": {"doc_hash": "dc88c1aa22cf0a9b15ec9b6e76832fd5b8b8f01a7bddc632f3fca9ff5b6c845f", "ref_doc_id": "269649a0-9ae3-46b5-accb-4afb47895f80"}, "4d87b226-e1b5-4c48-a2e3-09c0550548eb": {"doc_hash": "174edc3a995b9dfd3bc9ef1c7f2dd8f244c4530ae4c06189f25f897b184d1638", "ref_doc_id": "601916a9-3ba9-4b8d-ba90-f6cb2d504f5a"}, "faeb5290-f9d8-4c4a-9da9-aa3516c4299f": {"doc_hash": "f04fee351b3ff5609bf8cc4b89ab388e41481c2bb3080f7e72ef6cddf9715142", "ref_doc_id": "c3e658b5-ed5c-4fe5-8569-c7bd915263e8"}, "f8855086-36c4-45f0-add3-6edbdc275ee9": {"doc_hash": "03b7dafd45d6f0db014ae742d8ea49bcd375a4db1a004ce218434a2bd6538c49", "ref_doc_id": "4cc246d1-0758-4c66-b16d-6c59a9ee2c0b"}, "6cbf2f43-dd5c-437f-9c14-65823d7d22a5": {"doc_hash": "ce2f9fb3cf35f345a7cb098c878b63c1613cf2c1d9b33740b0fd31223dcb9695", "ref_doc_id": "4cc246d1-0758-4c66-b16d-6c59a9ee2c0b"}, "f4ffd198-b429-4a3b-b5de-508f283a6525": {"doc_hash": "45629c5543e6d302c68e223d6ede1a422ba8e7980634bf7733119b5fc90cc58a", "ref_doc_id": "76ae8222-dd5a-408f-861d-69ea629e4947"}, "d887e502-18cb-4478-bb9e-6cedfd3093db": {"doc_hash": "de6587cd3f75cebc32ecbaa6922ae6529772ea751b3bb70407e10a9388e30501", "ref_doc_id": "76ae8222-dd5a-408f-861d-69ea629e4947"}, "d5d584b9-6f54-4a40-9f6a-cae3e708fdc5": {"doc_hash": "f8423ff6132529e9980c219f8c687e28a1efba5fabf40f4bbf1a072346565398", "ref_doc_id": "0643b679-cde9-4b8e-81ad-ceeb327b51fe"}, "97632893-f642-4ebd-84e9-1bb4cf7cac01": {"doc_hash": "c9b634b01afac916f043b8edbabfc6cd5c20a03f40500462aa98feab61aedc1e", "ref_doc_id": "0643b679-cde9-4b8e-81ad-ceeb327b51fe"}, "f5af443e-483f-4afc-a380-cecf6053b8fc": {"doc_hash": "8c31025724206ed0ee9e9385e77a85acdf2b859a75fa28f8e406b08d06ade245", "ref_doc_id": "8d163538-510f-4785-bfcf-756fb61a3535"}, "bd6a3b0a-fbaf-48f5-aa12-6d66c214b88d": {"doc_hash": "b5b010b620419b667aa7fcf329cc8895d648f4b486e67adbd87707c19baf7360", "ref_doc_id": "8d163538-510f-4785-bfcf-756fb61a3535"}, "bef68b0b-8da1-44e5-9e55-0089fd1eeb64": {"doc_hash": "f76b368c7a17bdf16e7eec6aafb7b507716923847b69dc120ba8235d73675dad", "ref_doc_id": "756034c0-97a2-40f4-85b5-0c49b02a2252"}, "a33a2358-74d3-42cf-9362-9f0960b0b231": {"doc_hash": "7075a3347e0e83dcf3e3dfe0a23fcde8c130247905887c73536310f7d74bdb57", "ref_doc_id": "756034c0-97a2-40f4-85b5-0c49b02a2252"}, "1289bb7a-788d-45c6-b863-558f712a8349": {"doc_hash": "e4aa000ff1a353633108e03a0cab3913be35908c6f7915d01e1bb622c4705c66", "ref_doc_id": "510db95b-8ef5-4c7d-9efc-c134dcf0c16d"}, "7438c5f7-3a09-4d55-a63a-6bfbfe236a73": {"doc_hash": "ff5658946c6f03c004d8504071873d6dd3e5b715e70a7f35af1ab76547aee3db", "ref_doc_id": "510db95b-8ef5-4c7d-9efc-c134dcf0c16d"}, "55f9dd40-3cc2-4cd5-b949-051db4b292ed": {"doc_hash": "77f514b471329a0f95d78d953e6905d8e2ac1ac86d78742211a06bcabf0e4399", "ref_doc_id": "4dd32be8-825f-45f1-92d1-b0097b08a194"}, "40e623fe-a5d2-4bf9-93a5-7608c7bca943": {"doc_hash": "c5e8cb9a3c42309c53b322e904a297a20676a6a08ae27989ce996ef080664f76", "ref_doc_id": "4dd32be8-825f-45f1-92d1-b0097b08a194"}, "ac54e3bb-e1a7-42db-8ae1-b858e3fc5cbb": {"doc_hash": "feb21aba5f1929164b8911c60e0437c5cef01354631e3d374dd0dc6ed3cf9db3", "ref_doc_id": "06444c1a-f185-4ca5-9f2b-cf4518702587"}, "e606c1f9-bbf3-4ed2-92f8-463c761cc493": {"doc_hash": "4bd930584159599dfc9b0391218252e1fcb82a38b551848faff7494ab64f2ec4", "ref_doc_id": "06444c1a-f185-4ca5-9f2b-cf4518702587"}, "bb3adc52-08a7-4afa-ac7e-559c90029d2b": {"doc_hash": "daa537b9f320b58a304df1cdc60d4db6a95c1ab5dd9b4f946d8b93ae8aaebf90", "ref_doc_id": "df6a3958-15a4-4294-a925-0c749c8aa4d2"}, "53e398f2-20f0-4590-82f2-7f1097c9ac35": {"doc_hash": "0458e07966affa81ecbad01faaf7b275ef851e4a864654faaf6870010647cafd", "ref_doc_id": "df6a3958-15a4-4294-a925-0c749c8aa4d2"}, "3ee00df2-0355-4ba0-bd1f-70ef366d2f92": {"doc_hash": "bb9c114ffe66f53b5283136ed1b0a91891999460eb1ababefdba5af11fa18757", "ref_doc_id": "5a749d99-55ab-4b29-b3c3-08570e1036e0"}, "ded3477a-5c1f-4be8-882f-8653da901f6e": {"doc_hash": "562fc85cb223010c3416a71f04a7ef299143ef44782a3bf9d816ef8747344e8f", "ref_doc_id": "5a749d99-55ab-4b29-b3c3-08570e1036e0"}, "a4618811-4929-4fcd-bd7d-25d773190d22": {"doc_hash": "c7a295fa85a8a10b3f71a0248c546ac948167e08926bd0235b20f2245a9f18fb", "ref_doc_id": "440fc9b8-9b67-47bd-aa3e-04d6cb406e6f"}, "07e32f4c-3bc6-49b6-b8fc-accccee8d910": {"doc_hash": "2ebcd3d61ad564b595548887b364a24084112513973d45eae33e1d4e67cb2309", "ref_doc_id": "38df1169-5faf-496e-96ad-0fddf5a7d7fe"}, "c2280ec0-45df-4c53-8d27-573f1cd4a8bc": {"doc_hash": "50a095658a00637d099710e387e8023e5e89b71c56a96a83a13918245d954123", "ref_doc_id": "38df1169-5faf-496e-96ad-0fddf5a7d7fe"}, "e2554e0b-55cd-41d4-8f15-44cf429d664b": {"doc_hash": "a47a8accb9d7cd7f8ffe3e67915e94033dd765e2acb2cb14a931aeb2b1fbe365", "ref_doc_id": "95ff6648-4c32-449f-8b7d-91a58ad65d2a"}, "01ec22d3-fedc-44f7-b0a1-6fb230ce5ac5": {"doc_hash": "81ba509b9d3a999f1f4de1dfe06c0258c517d986c0672fcb0612f4e613e278f2", "ref_doc_id": "95ff6648-4c32-449f-8b7d-91a58ad65d2a"}, "fa8295f1-715c-4b08-844b-32baaaa7210f": {"doc_hash": "b31f72759b12104b3e7c4cad99ebf90ce37f47029a874db68f09e1c89193fe80", "ref_doc_id": "9a0f5749-9d3f-4def-8b39-27008f580126"}, "50b49a88-6c0e-4667-86e2-4e111feb5db3": {"doc_hash": "193303db23ff21d230f6ad0b0229efc8f881d471956a5fc74a12eca009646818", "ref_doc_id": "9a0f5749-9d3f-4def-8b39-27008f580126"}, "89e94079-4eb2-4870-ab89-acf7726d8b63": {"doc_hash": "123f807678d9d2e152c38eab60695928be7fd5abb2dc8947bb41901e0090b453", "ref_doc_id": "40bfed5b-69c7-4faf-aa39-d4c82c39d2e2"}, "70412860-d589-44c6-b7d4-b9b9f0e15520": {"doc_hash": "7b6e3187b3c1727d110b83f848eeee064ee5af5e7b90b235d65150729dc54a48", "ref_doc_id": "efafb914-69f7-49f6-a377-339bd41b51ce"}, "749a54bd-c84b-4e77-bdf1-99fd0dcf2b8a": {"doc_hash": "5cafc528a5c085549079ff5bafc3f78a070c877d22466c949c893c309013ebc8", "ref_doc_id": "526f4b21-a1d3-477e-a764-0c3110f0bd38"}, "0c7c600b-b066-4a95-a5e9-19c462a71fd0": {"doc_hash": "73f6e5e582e85668e99bcd79ef6a12af3eaa581636b01dbedf958bfe35878224", "ref_doc_id": "20a59b21-797b-4406-b57f-bb92a9a39d04"}, "bc698653-584a-42b9-bc73-b184b0ac122b": {"doc_hash": "7c61221f49e80750671fb8941a47801dbc479f4192060a3a2f0bc07eab63570e", "ref_doc_id": "146569f8-e850-4ff2-8974-c8f98b63d45b"}, "0f29fd34-c251-4ea4-a397-8a60e22e46f1": {"doc_hash": "79818db4a2464f088951f4f5f588317e30dae9638fe2b376e51d0be4e12904c7", "ref_doc_id": "dbec3e18-2260-4b53-a2fb-a95d10014661"}, "f7f43675-226e-40a5-a47f-e87d4e56d304": {"doc_hash": "432647a1447260bc3f66ecf488380edb4a06d27b7fbf4b2988a22ad755166a8f", "ref_doc_id": "dbec3e18-2260-4b53-a2fb-a95d10014661"}, "9f08f129-b1e7-416a-9026-f03bfd60ff7f": {"doc_hash": "92fd246a3db042415ea3888dd4406cd895f7809c90b7ecfcd4845ab4705c9668", "ref_doc_id": "c09b0cb0-414a-4652-b933-160078dad9c7"}, "29659599-7357-480c-ad6b-17016ad4e9a1": {"doc_hash": "6b95bcfa2f9f323b4f4702d330d166d33e8326513e628e49f73463038e21f8b1", "ref_doc_id": "f0e31e23-d312-43f5-90b5-b2e3696ed45d"}, "ab6c47f5-6315-4947-a0b0-b35e26eb23b1": {"doc_hash": "63d3b8cf579c7a8529abd1dff82a7c1764d699b9455739de98192e92a83e07d7", "ref_doc_id": "079ea064-d989-48fe-86a5-d2241cbd0628"}, "b1249e9b-44ae-4a82-8445-c389fbb75674": {"doc_hash": "e8217e7b96d1babfbc1deee1dbb9e09e032be5e2a428f9b62c3d23906a0af335", "ref_doc_id": "9a6904e1-864c-460b-821e-2bc005523ce5"}, "e1f82b08-e469-44e0-98ea-cdfe8fbc8177": {"doc_hash": "1a33535882353138e779aefe6473823c57c65a3549bff86a253ed2cc4b395c27", "ref_doc_id": "9a6904e1-864c-460b-821e-2bc005523ce5"}, "3f7550a2-a29e-42b8-b72d-cfd8f6467a12": {"doc_hash": "c194f21d09409f67783862d84ee9506db59694fc4d16c73e2dfd6293fcc9fd2c", "ref_doc_id": "b05d42e2-0a5c-4e1d-80ad-037a6b46fbe1"}, "97af8ca5-f3f5-4de9-b6e5-d8ffb635a6dc": {"doc_hash": "4def1a4b83a420db2dc08917cc6d77af030525c807067e880b2e4faf740590d3", "ref_doc_id": "b05d42e2-0a5c-4e1d-80ad-037a6b46fbe1"}, "9b35a9b6-7865-41fe-9830-67da3551e2cc": {"doc_hash": "3de4f84daea5a12f19c431260da735785c906f68439772ab9ea45da0c1aaacce", "ref_doc_id": "7391437d-5b67-4f11-b8ce-870facc7b0a5"}, "7bc6a008-f4ea-4497-b8c9-0186eb047ba6": {"doc_hash": "b56f93a3457a8501a0907f28c389d236ca2de4f2a4c1688ba803d04878bcde62", "ref_doc_id": "4aeae544-47a1-4970-80f8-bdbd5b8925b9"}, "56c66a91-bf63-44d7-9034-53a046fcc90b": {"doc_hash": "30b1794216f7040a973727446a6305ccca9c857e863ed1e8d7a875d243944aea", "ref_doc_id": "64e30324-5404-4247-bf3f-c683247d6f52"}, "6c674a20-6a2f-4375-8fbb-e0026ebb5a18": {"doc_hash": "f50189083ea1bb6526d91e2fb93685f970c0742032fefcfc21f8a6335b5feb7c", "ref_doc_id": "64e30324-5404-4247-bf3f-c683247d6f52"}, "d21f8c27-c226-401a-93a7-006b950642a0": {"doc_hash": "4278061ccfed3af4e6a017e750e75a34e48286d62513f5a11d5e64a02e1b1c98", "ref_doc_id": "3cd3fa1f-265b-45e7-824b-c5169408b28d"}, "c95c1057-1c6f-4fcf-816c-a55623605f88": {"doc_hash": "c72789d8a73cb6eec698808f1f2f57420bf26595bea93c1cf73175d066a759e9", "ref_doc_id": "3cd3fa1f-265b-45e7-824b-c5169408b28d"}, "682b77c7-1ae2-4155-8c26-8df960693b76": {"doc_hash": "39fb78dbed69c8a94b813c697e8966769b6311592c39852e7d823aed7ff72ac2", "ref_doc_id": "807d987b-5ffc-4809-9078-f63887ad4340"}, "6ba48a85-d9ca-4780-b726-7c495c737e94": {"doc_hash": "5f51ea30d43bafad20d2f93e086e6127208bf168efbe9723d75e3de6f2616f78", "ref_doc_id": "807d987b-5ffc-4809-9078-f63887ad4340"}, "d62c1edf-37b0-42ea-bbe6-df6f7fb24902": {"doc_hash": "1458ce605b6a2122b4d6c41007c39835056ca85e32f982a2d466702cf8fa9036", "ref_doc_id": "74934cc8-744c-42b0-a799-67bab44228d3"}, "67ec758a-1fff-45b3-a634-d84d4b2fee5a": {"doc_hash": "8da45c5aa039b25632f32c363f21b622cec1c513f448523ecf5dcded1ced63a0", "ref_doc_id": "74934cc8-744c-42b0-a799-67bab44228d3"}, "2d4aeef4-8078-4c51-a9b2-72527b1e8ffb": {"doc_hash": "89ee4cf790d034c148deac6e02b85ab0c14a9054191f68dc14523e074f7accc5", "ref_doc_id": "a088930b-e218-4739-bdb9-2fa930b4d15f"}, "edbe0a32-da96-484f-a327-5e601df32705": {"doc_hash": "b6526776d8d08f5428bd9122bd47a234b7ee0bedbaa1aa86944a60996e32e4b9", "ref_doc_id": "a088930b-e218-4739-bdb9-2fa930b4d15f"}, "5d270bf4-e968-4269-8709-28a26195eace": {"doc_hash": "7e60ce43187c97ebe27677328454f0ff0ac45391f0b79f3a567d41eab8b2102e", "ref_doc_id": "2052eee6-071e-40a2-bb09-01edd8c03301"}, "29453de2-a880-4596-b5ed-b8317f50d8fd": {"doc_hash": "f868df285532a39ab84fd1a5e6f86f5e502875f81ee71e11432263a1db59f9f4", "ref_doc_id": "5499a76c-37af-4c73-a247-d575d640da40"}, "e0501a42-c5f5-4fab-a377-e0973219ac98": {"doc_hash": "1197bf4016ad13d23b2021135a1c8a11da1e96ce6a8910743484bcb43b496ee2", "ref_doc_id": "5499a76c-37af-4c73-a247-d575d640da40"}, "bb2932dd-0c1e-47ee-a2dd-6111f7e6b78e": {"doc_hash": "a8b987bbae0a1a83e6dd6ccbf6be04aad368943bda51556d7b1db251a2e40997", "ref_doc_id": "39074473-6a19-4f40-ae32-2bc93bd73b21"}, "47d1fdd9-6b2d-4e8b-a947-0f35095c70bf": {"doc_hash": "709bc7512afad2ab4828f08bb69c44ca082b7e1b79b8550a5a86d2143c24b488", "ref_doc_id": "4af9ec57-470a-4281-b2b1-e747482c440e"}, "23710fcd-47e2-4e68-919e-75530bb51a9b": {"doc_hash": "1e45560a6bc7f485910924cef0c44af522a781d8d392b24a4bae40412263b174", "ref_doc_id": "4af9ec57-470a-4281-b2b1-e747482c440e"}, "52dab237-9369-4e8d-8ca2-f7feaab163c8": {"doc_hash": "62ac676d00ce35fc8ddceac80bd66630bc1dc5125edc9fbc274907bf5c5cca37", "ref_doc_id": "61270805-062d-42e8-9c56-e1c033685693"}, "44062cbd-ef0a-40ee-9430-a3febbd89f90": {"doc_hash": "b5533cbf14c479371467e154eb8575206f3bb1d3a68fdcdf374f1fe282b9c4ff", "ref_doc_id": "61270805-062d-42e8-9c56-e1c033685693"}, "b9caa984-d753-4bd8-b0d7-e44ee9aaf28d": {"doc_hash": "5fe8461262d724b59b4cb2e68abc174d9eb7d5529b8ed4d5e79ffd78f5b42753", "ref_doc_id": "d441d3c0-5d0d-4b86-a636-81ce500b8a39"}, "ea567955-abac-4757-83d9-626c1e22e79f": {"doc_hash": "8835961c9972a787e170f52ee7043fdd56f3feaaf37f19d77d33d9eb719f3cdc", "ref_doc_id": "d441d3c0-5d0d-4b86-a636-81ce500b8a39"}, "38c01885-47e6-4031-988a-4a0ba3bfb4b9": {"doc_hash": "682728b4ee4a4b064de265e162dc69e282a39becb7429cd434835ad664b37b22", "ref_doc_id": "c760d013-a161-4ff5-85a9-7ffef79a5180"}, "3d07f142-5734-4444-9632-9285f108d42f": {"doc_hash": "f0d4bbc2e48eae4deef4e21ce8a70176f5c1dba235a7ffdd9ca942ede774d71a", "ref_doc_id": "c63c45e0-acfb-40e0-83f2-562864f41ef6"}, "cb69bc76-e223-408b-8fd9-95951193d0c2": {"doc_hash": "c1eb32bf6a4f1ca8431351c94743b5003515a65faff6eec2a9f414408849bccc", "ref_doc_id": "c63c45e0-acfb-40e0-83f2-562864f41ef6"}, "2fa17c2c-34fb-4927-9857-1f2e23cd3152": {"doc_hash": "8c42fad48b1928251157227b0ee008a2693c53b1cf54cea449df4fadca93ffdc", "ref_doc_id": "d60d4f98-5bca-499c-beb0-4417ce67abdc"}, "a8c37bcd-8d9b-4d7a-98c3-1147c4dacd9b": {"doc_hash": "1aaf1c398a39d5f4979a3672198b77e6f79e50164afff83d835ec7764adfc934", "ref_doc_id": "a0e3f0c3-65ab-47a2-90b2-9078c9068d83"}, "51e3bb7e-6126-4f3a-87ad-29198a8972de": {"doc_hash": "4aef6f02daaf43e348c10ec122c6aad31797f23b46e8a6dde23f9056194b457c", "ref_doc_id": "09094804-f415-436b-ae18-eab7e6d91ae2"}, "4dc69ddb-84f0-42ee-9620-f3a2a9d153a8": {"doc_hash": "ae86612696c19298b3e67d94ad98030efc47ba006941f387dd9aaa8224a35414", "ref_doc_id": "c4fd0aab-d210-4368-ad5f-e5f8a6cd4d1b"}, "847bdf8f-083e-4173-9500-80ef2565a66e": {"doc_hash": "8fcc8a8f4523968f213ec0affd360aa96fc93c21c02cab2e6378a8827af4636b", "ref_doc_id": "3abad1db-363d-49bb-b8ff-98d6ab25e20d"}, "120df09f-9c42-4230-a74d-efe60a5d300a": {"doc_hash": "f425ab76ee1e6049dbe18b81e8998129c7c92ab5bc263636a7cb5d26e1cc0d9b", "ref_doc_id": "59fcf392-9477-4ec6-ba46-13f82e112d46"}, "7f2ef83d-c687-4d98-8794-d8149fec0642": {"doc_hash": "2bf48e07cdb1d9ab93b42e989b9902414e68452568a061d68ce50532113e773a", "ref_doc_id": "58401e4c-e697-44c2-93f5-70288b8e9b68"}, "9610a9a5-249e-458e-81b1-1db5ae6c0624": {"doc_hash": "f8e066d394d51a2534cae40988ea269321b4417200bb4b20024481d2b44ad41e", "ref_doc_id": "58401e4c-e697-44c2-93f5-70288b8e9b68"}, "4cec6e5a-8a80-436e-9288-7bc03434c61e": {"doc_hash": "b77972e8caddacd2f2017d433aa2fb82b6582f4c9417823ccd64664e06772d5d", "ref_doc_id": "10b21ee5-9e1d-4605-96d2-0a2913687c7c"}, "69fb0aaf-ce15-40ba-b270-5b08f930a0d1": {"doc_hash": "efa7917b96e1aa7336169fbb2347bc5a30fcc78393fd874c4b24ed66e74b6cba", "ref_doc_id": "856f746d-0acb-40dd-a15c-3f7c12ace251"}, "98e71d3d-3d75-4d42-b90f-612dce186497": {"doc_hash": "9b20b5cbf355c9abcd1c9b40647a7b1954cb735a0b389a5e2f950598433f2803", "ref_doc_id": "4a0157ed-5cb2-4956-ab71-f2866a740260"}, "9803e0e6-9be5-4afb-8333-7d21e0ae351d": {"doc_hash": "60c3924334665ceb3b598710822ef5cd1816d2f109eae255b209c5eaf5bca71d", "ref_doc_id": "64a90cfa-20c4-467b-8627-ca85af5864cf"}, "4e300131-2669-4088-bcf6-ee860030d476": {"doc_hash": "6e06034b3ffb1ea0e1cfad5b910810e650cf8c4fd86493e6362f7d5d9e41b1ac", "ref_doc_id": "1b15e4c5-85a0-420d-822e-c81b90060a48"}, "9925ccff-0e8d-4e68-9d84-79c518b39db4": {"doc_hash": "23ae25c912388db2b64dc2fc5ebeb21be6fd9fe2a7b17ecb1935ad2acca2af83", "ref_doc_id": "1b15e4c5-85a0-420d-822e-c81b90060a48"}, "2c174572-d662-4164-99a1-7c527903d0f9": {"doc_hash": "b533f7e649ee0cb4ef6fc146254d5b8bc5cda7a4a6771d3d7f0e3f9e9b5c0a5e", "ref_doc_id": "c118f8fa-48d4-4e6e-a980-d60e0afedd82"}, "4328933f-ffac-4b13-b5a6-d487b807cc93": {"doc_hash": "201b8d449a58bedf56be797a2327d1452d1667b9a6134b257591abb2b44e1b3f", "ref_doc_id": "c118f8fa-48d4-4e6e-a980-d60e0afedd82"}, "0ba33961-defb-40ed-a97a-461a06856ff8": {"doc_hash": "3258664b2bd742493a44247f363b78233b7e520945332c11bf893456d5a91386", "ref_doc_id": "ec6df8e4-081a-466d-bd6c-1b9529b52834"}, "aa546083-63a6-4bde-b344-69113f00c2de": {"doc_hash": "459e83bb39ecf621e705274b811917e97ef0e25581c27272161ca493f24c2ff8", "ref_doc_id": "b102a2e7-f85d-4bcd-8a8c-dd84da2591a2"}, "d05a859f-f973-4791-b129-972305a96cfc": {"doc_hash": "567dd8b1edaf5cc8cda7a70f12eb42f0d23c1b28991444ed5280e353c1bbbf12", "ref_doc_id": "b102a2e7-f85d-4bcd-8a8c-dd84da2591a2"}, "f91be6d8-69d6-492b-b8e9-dcff4a4bb4a5": {"doc_hash": "c1c2c912d3ca020248dea2a15aa776b2bf39fbf2de6805045a85485e678ddaf4", "ref_doc_id": "673d5043-999d-4297-b41d-d5ce73628173"}, "0da1d0ed-5b27-4d18-96e7-6c37f95dd0ec": {"doc_hash": "4c5a653225a0c5e6da55fbe19b0c78a9273316e830fd25d31a8bce8884961f2a", "ref_doc_id": "673d5043-999d-4297-b41d-d5ce73628173"}, "b13e3b23-e8ab-4c80-b5be-0d2d6098a784": {"doc_hash": "264bcdf71c4d2465ae8b73f26917a73a4fde632a61cdfa2841d80cd7dab1f73c", "ref_doc_id": "e4906ba4-20da-451f-9e70-7b1b0848d67f"}, "38d980da-0f13-422d-957e-488214aa782c": {"doc_hash": "67c7ac6daa4be00ff7c4cc1d39da8599c46a6fd4f168b7856d910edcb2d74420", "ref_doc_id": "8b31196e-b038-4265-894c-e1c165b2009d"}, "f8276eaf-e861-4909-bbaf-11bf7a2a0a9d": {"doc_hash": "ab8178c3da8a3e3f99896f5cdce585528369e61dc01dc65aa02ef512d6a5feae", "ref_doc_id": "8b31196e-b038-4265-894c-e1c165b2009d"}, "81e19dab-e662-4ec9-a1bd-bce527de72f6": {"doc_hash": "9fec4a47fb0cb396683cbf0c4b3aeaadc1624426ee1e09c9185becf23b3139ee", "ref_doc_id": "fdae92d3-4687-4981-879a-927252e81e79"}, "7535fca2-6f06-46fa-a1d4-0ca35cde5380": {"doc_hash": "45c8c35b66b93b5e9d55e40d5de6005da9e21bbc08b527d1dad536af2e2f710a", "ref_doc_id": "fdae92d3-4687-4981-879a-927252e81e79"}, "43c38bbc-eb0c-4e66-9319-9fda39d64772": {"doc_hash": "7038e3c1dc9fbad7732531d084fe7ea5fd65507929be8ba0390113ba4588bd2c", "ref_doc_id": "40441d6a-816f-4e5a-b310-ec889758ed71"}, "c5482bbc-fba5-4c7d-84ac-f70bf5594246": {"doc_hash": "6cd5712ef68ab084fe2ec951a1b4b625f68d1f2c3c4937049a877f1a292f1d25", "ref_doc_id": "40441d6a-816f-4e5a-b310-ec889758ed71"}, "dc8324c6-9e2d-4765-9a5f-8f88d7d2af37": {"doc_hash": "14bdfaae3f51e803485c5fc52381b6ff7160fa425f74b506611ad0f5a76f27b0", "ref_doc_id": "0d505c0e-77d2-4e91-a19e-5665506c06cf"}, "cd2a53d3-f04b-45da-884a-7ef383763df6": {"doc_hash": "d48f330afcec21c898d6b5a06adfb3c7a89ebe6e105c0faa1e9f608f9bae2eb3", "ref_doc_id": "0d505c0e-77d2-4e91-a19e-5665506c06cf"}, "ab1b36bd-7a48-44c2-a5e3-ca19c6e05d7d": {"doc_hash": "93c77d25a00b71cd3cc44f001ff5665aa24804eb80dee5f545cd707ddbe2c672", "ref_doc_id": "0900a391-6889-4f22-8370-b9c6a76b31ac"}, "9b68ee92-f2c5-4962-b7c3-a37650a2d3d1": {"doc_hash": "7cca8b5c2979bd9c08a036857b357a5f00a5936db13441ffa8c4a71fefe9cb5d", "ref_doc_id": "0900a391-6889-4f22-8370-b9c6a76b31ac"}, "d37f88ac-2640-4494-b231-592702aeee4c": {"doc_hash": "4921d0ec7f9944749cd7a712b55748e4b6d66c0582d7ebe3d41a84c7d6d59520", "ref_doc_id": "ed27ac4d-8624-482a-91ad-d7a72d372d2b"}, "9f5b241e-f8d0-4dc5-8204-9d82376be319": {"doc_hash": "26e8f30495452e1e4ce54984e8c2c0156357785ed81397587ead1c2ac21fe50e", "ref_doc_id": "ed27ac4d-8624-482a-91ad-d7a72d372d2b"}, "34a8d4dc-2395-4b8e-af52-d07005f3d475": {"doc_hash": "9e7941610ef6636611a266f13eaf696a18a914fb42adc434697c0b5784583bfe", "ref_doc_id": "d8a6490d-2d75-4e0e-af4c-6558859125ac"}, "7d2cb294-1aa8-4639-837a-eb221b92adc2": {"doc_hash": "a6d9ff6831d725e1629638988626868add0272b66d6dce0b5849b2cbeba26775", "ref_doc_id": "d8a6490d-2d75-4e0e-af4c-6558859125ac"}, "0bac1242-e90c-4674-bc9e-75a0d2a6777a": {"doc_hash": "cabb99b10bba4689dad0499bbdfaff2495c10bf787b27fd2113574e90aadd467", "ref_doc_id": "b45723a4-e962-4ffb-8e83-2ea2edb847a9"}, "92d85e07-111e-4cf4-9841-d5111c0c6cb3": {"doc_hash": "7f789bf71d145244e2298d9cc07df76a92d7f6ef8f84a5890a215c6a1938a43b", "ref_doc_id": "b45723a4-e962-4ffb-8e83-2ea2edb847a9"}, "be8085d8-63a5-4a7f-9e8c-6a1fe735c4c6": {"doc_hash": "412b611c2b7c5ee3210d2cf1bff0768c5a18c6c34641d439f1832a228105c8b4", "ref_doc_id": "72bf768b-0b6a-4a67-8851-993452b8724c"}, "69fea787-c5f6-461c-8be4-8c02748bd672": {"doc_hash": "d31e7f6f6bb1d4d2d11012bd2e515a43578902155e49b02fa2961586b4fbaa13", "ref_doc_id": "72bf768b-0b6a-4a67-8851-993452b8724c"}, "9d4a1516-6dfd-4978-8eb2-26d34d86729d": {"doc_hash": "42233fc51586ef60d811d71e37e5ede657ad477a75b8aeb7820ef63a8b163c37", "ref_doc_id": "80ce3e21-326d-4dbf-84b6-da9cd749b384"}, "da742688-4ef7-45cf-af7d-f1d7e2ae59a3": {"doc_hash": "140f1a8fd9003b6abe2eff117e9fa000c367b7ca258b9299d8516843849aba9f", "ref_doc_id": "8329ddc4-79c1-4163-af4b-19376e7d5f53"}, "e9151880-6066-40af-bd02-5c8e8eb09436": {"doc_hash": "f488f81ecffccef88d1a6027021ff1defd712b134c42e6bf898952ed699b97d5", "ref_doc_id": "8329ddc4-79c1-4163-af4b-19376e7d5f53"}, "81f18b40-4c5e-4131-8942-12fc722c6d75": {"doc_hash": "395b1fe4c2b2be5cacc7ca94052a5600d2d139ae70faf227e0e3fa4f91768ac5", "ref_doc_id": "2bff2a55-38a1-43b0-bcbd-b31aa3a0f3b2"}, "c3d7ada9-719e-4d3d-b653-5d0d02251d58": {"doc_hash": "b42a1f17f0a2936e036b524f5a29a3f528bf823aded8fffdfc2fc930314a5b40", "ref_doc_id": "2bff2a55-38a1-43b0-bcbd-b31aa3a0f3b2"}, "d0db9a2f-b523-492b-93a3-4b3571db9bfb": {"doc_hash": "57c84ff601715c27ada1ea6b406f2817ea8878baf71c38ff111139bcb098ace6", "ref_doc_id": "9fc9f4f7-fffe-46fd-9e24-4b212dc03da3"}, "ef8d6c65-0e05-4a3e-b666-d0d01814c3df": {"doc_hash": "937f65c0786e3434fdef7fbe71e89b3f1ba97abd361a866a5381ff62d48e93b8", "ref_doc_id": "733494c8-3e6d-4925-91c4-e63c04664bb3"}, "105d8851-5538-4833-92b8-b237fbfba3a6": {"doc_hash": "bac6ddf80a70a9abecf670daf65ece7f121c1f581f248361152ac4ea71e34fd7", "ref_doc_id": "deaea770-aaf3-4ea7-bdda-86b1c8f20852"}, "76f81364-da48-4396-a8b7-d667763ebbe8": {"doc_hash": "8f25e2c575eb258c4e3de0b7e17102d59db60d84ab3a273dc8edc1ff9fc10755", "ref_doc_id": "deaea770-aaf3-4ea7-bdda-86b1c8f20852"}, "e542c353-30b3-4599-9671-01c729ab8d15": {"doc_hash": "8a509339cfbe39db334d655792a08e9caa7f56429574163064e73fb9aa11beee", "ref_doc_id": "c1762f5b-264f-49b7-957d-391a89385ee4"}, "7259a0d4-69c9-47b2-8da9-21e68b925c51": {"doc_hash": "164cf9059745685a6e155f7e1194c3ab04855d30587e13d1d9177512b5442821", "ref_doc_id": "53a631ef-f609-4156-8d20-c93a365724c7"}, "1340e976-9169-4a25-a056-af69b81f859a": {"doc_hash": "cf7f8b5084c7d5522e9986a7f210f4073f14b04c05ca1038c68574a8680674c8", "ref_doc_id": "53a631ef-f609-4156-8d20-c93a365724c7"}, "791b9916-6410-4f12-ae05-f211743833f5": {"doc_hash": "5c7e6030c1434b0c681c4c6b182defdd21098baaf3553c6e007ca2291c499b92", "ref_doc_id": "4ae8b78b-3a05-419a-bd98-df988ae2eb01"}, "7e30092d-bab1-41e5-82b8-490806c44ade": {"doc_hash": "71e7d981dba429d71c90f63cf9b4b041342ac386a8d2909d4fdec24362335aa4", "ref_doc_id": "4ae8b78b-3a05-419a-bd98-df988ae2eb01"}, "ecc45485-0f9c-4dc3-a71e-da81be4d172f": {"doc_hash": "502470f71814ffc5260fada01b447499903fb41e1d84d6981f676a3cc54f50f1", "ref_doc_id": "4833e2a5-773b-4a32-8930-c6647a771a82"}, "90893120-658e-45f3-8721-5a215699bbdb": {"doc_hash": "cda18eb311628f8a4b8c8fcdfd83565d2e7c4b8cd007f9a72667dca575c30a94", "ref_doc_id": "4833e2a5-773b-4a32-8930-c6647a771a82"}, "375b0332-db4d-40f7-b802-70c33e41ceed": {"doc_hash": "3ea7d71716354a4d72cd73d07434a35fb85c86d7072d58ff379db62347a7516d", "ref_doc_id": "acc01b76-37a9-4316-96c0-8df25b9605a1"}, "ddd03903-eeb9-43c8-b40e-fa604aef9ef8": {"doc_hash": "6da5cd99a49973ca2377c32308e137ac918906d85a35e762f7b54536feba07c7", "ref_doc_id": "acc01b76-37a9-4316-96c0-8df25b9605a1"}, "75fc6611-3bcc-4bca-abe3-4e3b38654e8c": {"doc_hash": "9a7b777699af8951503ca5e6e5ab7a1961ab6c72db3f1b26d5c5da19650197ad", "ref_doc_id": "ad9ba7f3-c732-4865-b7d3-b46c060bc2bb"}, "8ffdee46-267f-4a74-8db1-92b5c5e68f0d": {"doc_hash": "bb8088982ae97252cc130e9e9a9e3c5d95d43d1d3213b6fc3f4d2627903385ac", "ref_doc_id": "ad9ba7f3-c732-4865-b7d3-b46c060bc2bb"}, "31888a3a-abc1-474e-9542-dc613a53f971": {"doc_hash": "0b984dcd63916d5a68b59dc2a8ac2bdf7f2b21eb78870f2a9965b9183fc390f0", "ref_doc_id": "daa1d1e1-5300-4630-b379-91606dd0ec35"}, "8c4b5f50-7758-4b66-b4ec-58c26860c34f": {"doc_hash": "f739819acc2738b16360fa09323c2d94d759eab46ad69124402f7f97070edf00", "ref_doc_id": "daa1d1e1-5300-4630-b379-91606dd0ec35"}, "b54d6aa9-b3e8-40d8-9e87-6548c8c346a6": {"doc_hash": "b81835699ea962d7d25247b9090a7bd2bc216d9849fe5b1f335c6ee612faccc0", "ref_doc_id": "9401d4f0-4d2d-4014-80dc-870e737a67f0"}, "f738b9de-f0a3-4c6a-96df-64de73bdce39": {"doc_hash": "b9bc723001de0dcee2c5d58aa716522e48caa157407bc8899328e6bd1db936f6", "ref_doc_id": "9401d4f0-4d2d-4014-80dc-870e737a67f0"}, "bae6113c-db7c-4fd6-840e-204e488371c0": {"doc_hash": "e1dad2cdc3d6c3d405a7f18d0e65bc7113553cb7c94d7aeeb719e3dd2aef3094", "ref_doc_id": "6d3849fc-440b-4ee0-b14a-15ce7336554e"}, "ed8179a5-1c7e-43d0-bc2e-bd6113ddcfc1": {"doc_hash": "6d4e5feccb89c7f006ff9292fea9880ce2136c356d838d48f9a05436a161cb40", "ref_doc_id": "6d3849fc-440b-4ee0-b14a-15ce7336554e"}, "d618a7ab-73c3-49dc-a479-dcae40a88075": {"doc_hash": "cc1798ad03ba1893c3fe50cc752b7566bf0ee64aa8036eb676e8c21918421a92", "ref_doc_id": "bf5d7320-5e95-4b65-8fc5-bbcda6081dd4"}, "e39a285d-502d-436c-956c-b380c4d329d0": {"doc_hash": "f5053a3ede5ea294a48223ebf8606d6d5cde51fe4f4550f8597c1406e83a3384", "ref_doc_id": "bf5d7320-5e95-4b65-8fc5-bbcda6081dd4"}, "a6e20f71-7153-4ad0-9865-0362faa257be": {"doc_hash": "45264deafbb1c940c8c2292b13897737bb749ea0973a406fd951641871beb212", "ref_doc_id": "0f7ee13c-35c0-4b39-8eb3-2e4d1db352b3"}, "41e3cb20-f409-4b57-8fa0-8e33807086cd": {"doc_hash": "ea954bd44386726501e04d94584edd6a41c90f246b91bbe4a797029d8576d578", "ref_doc_id": "0f7ee13c-35c0-4b39-8eb3-2e4d1db352b3"}, "570ede75-fa06-4a44-9034-9d78ca7c0b98": {"doc_hash": "8b3a489935e964d9a9de7b34a961816b62b60fea5809ed577a9ec0aab960d7c9", "ref_doc_id": "42b8d7c1-9c78-4a27-a028-936015c8675e"}, "4a6b2049-e822-4caa-967d-e8ed3d75a4a9": {"doc_hash": "cf0723c7faea95995ffd430810640bc1208fd276d01d8a9fa3ded8dcfbe6bec0", "ref_doc_id": "42b8d7c1-9c78-4a27-a028-936015c8675e"}, "c5309c91-236b-48c1-b58c-cacaaef1c4ad": {"doc_hash": "22f487ecdaba83df650323f8365f1fa714382ae0d158e9bec87739093be0414b", "ref_doc_id": "4f841ef2-aafe-4cd7-8f16-6d34f053c782"}, "41a4662d-9a65-49a0-9dba-690cfbd4d7ca": {"doc_hash": "2eedea34c767db4809236d1b56735562a9a9257dfa3bb7f604de93f1a540a065", "ref_doc_id": "4f841ef2-aafe-4cd7-8f16-6d34f053c782"}, "6ebb1f6e-033a-46e9-bd54-c95dc827b948": {"doc_hash": "96bf01047824ed1ad5739958d2d48595690c8c7b1107616a14a755a32e589f2e", "ref_doc_id": "e70af14a-439b-4180-87d1-4eaa23f9b975"}, "c939d733-668f-4ca1-9fe7-73d82741a433": {"doc_hash": "a64938635df2bd0f42627054eb3e39949d27877ac6677a56722dbc11b6de7fa7", "ref_doc_id": "e70af14a-439b-4180-87d1-4eaa23f9b975"}, "d0004e12-c718-4bd4-93e2-269518ae9821": {"doc_hash": "9bba14ce203e5e6884dd830af7b4cae5a1109b02f8e9179eddc1595c2c3c52d5", "ref_doc_id": "f3b21d54-e43e-47e3-b189-edcd9d42e0a0"}, "02f2b551-e960-4691-8387-25fd271bc9c2": {"doc_hash": "b4d0e7ef72f40af99397e3535d055534d311fb56110a74ab3394577f84d32789", "ref_doc_id": "f3b21d54-e43e-47e3-b189-edcd9d42e0a0"}, "b0313779-121e-4f09-ad29-9b1af37122c8": {"doc_hash": "d3adba42a7732d71bdfca33251508ed01a7519ee4cb878b85887761dfc2167de", "ref_doc_id": "6e2276a8-1ee6-4748-9273-676f1b3f65a6"}, "f7dd90f3-d3a3-4f87-a455-db879d980fc6": {"doc_hash": "d338fd2df9e8e169656374fb88625f00edf531b613d9782220987d140aef35f8", "ref_doc_id": "6e2276a8-1ee6-4748-9273-676f1b3f65a6"}, "6b7c1a0b-0c2f-44b8-81a9-8536cda8caaa": {"doc_hash": "565695eea9d9b79bf2125805d044d2c0ded963a515c030ec184bfc23364168a9", "ref_doc_id": "67429b4e-8b75-4113-811f-ba10a57530c4"}, "033a3cc2-35e7-4c4f-9815-7e8eece4d01b": {"doc_hash": "4c7150c1684d75f7a0810396eac93111191f4187b1a8455ab20276dde55177eb", "ref_doc_id": "80f8b8b6-066a-4053-9cfa-2a6b8eea4b1b"}, "9459b968-395e-4b0d-83f6-643e5f04feae": {"doc_hash": "c15f3eb3a73acb7a5dac6e096b95589fa7e44a5f76be46d61841dde7ba017b2d", "ref_doc_id": "80f8b8b6-066a-4053-9cfa-2a6b8eea4b1b"}, "ba87d566-843b-49df-9ab7-33672654df92": {"doc_hash": "34304340c902104e3c53bee095028477b08c7beaff1c73df2df678d602621ae6", "ref_doc_id": "b73adad6-9744-40e8-97cc-0333ea68495d"}, "6a81a541-0397-4bab-bcd1-aeaef7e1db2e": {"doc_hash": "c57f228d9b4b645ddbb95a19ea3af7ba3d41fb768bf5ebe83e7daf61e8985d41", "ref_doc_id": "b73adad6-9744-40e8-97cc-0333ea68495d"}, "68edb908-55b3-41a9-867a-88d8b8e8dc9d": {"doc_hash": "d8932c061f9efde0aca3ac40f108a7d7066a488590709cf4df50585448404e33", "ref_doc_id": "6ced4fdd-5067-4613-804e-488fc2ed5f72"}, "eac53963-2fe7-43c5-99ce-ccb04f45b2eb": {"doc_hash": "e2d162c295ab51d309319ecb5094d371f24879758f27347065f78460318607ba", "ref_doc_id": "6ced4fdd-5067-4613-804e-488fc2ed5f72"}, "ad171728-3af4-4bee-bb4e-5f21b2196cfb": {"doc_hash": "87af0e1c10bafa923eb5c771a65338f4179d12867a13165733599c183a219781", "ref_doc_id": "c435c08b-48f3-4334-bd07-acedbdd17c4a"}, "90b198a7-90c6-47fa-8f7d-ba08fbddd4db": {"doc_hash": "a9fec694c8c7658fd39f2e19bece8698702295774c757f2f5ee5360bf73164ce", "ref_doc_id": "c435c08b-48f3-4334-bd07-acedbdd17c4a"}, "de0e2bd6-3c44-4bf6-82dd-9a0ea4d4a3b6": {"doc_hash": "95b4183384197b5dd7ed0f8a3c869bc0dd61124bfc47c50df0f27754cfd3d8f6", "ref_doc_id": "da1d71be-5188-4d59-88de-deb7711fb7f9"}, "1318c83d-f255-4a1f-acfd-dfac3fc716a8": {"doc_hash": "0d6d9240744f8c023b36296d9016638a3f9acfe5e70eec9f30c0a9209f6d64e6", "ref_doc_id": "da1d71be-5188-4d59-88de-deb7711fb7f9"}, "f662ab74-495e-41e6-891e-fbbe660c2e49": {"doc_hash": "aa5fd6f728f9b4a9858dd3dcd761a85514100d501617b26bce38810d09eb2867", "ref_doc_id": "84365ac3-7dc9-4155-8b76-eb8eb2c7f2fa"}, "a21a145c-210e-4775-aa46-00fe0612d3b9": {"doc_hash": "15ea2a56663c19878020581f2dab091e837ad4a6d0cb7fbe8c7f28721abc5237", "ref_doc_id": "cd1b9879-f085-45eb-b6ac-53caf27febd5"}, "3b2da868-b0f0-4e21-bdde-f5cb919f403e": {"doc_hash": "051c444a8517ef0360f6deae8c30c3053f322d3cfb224da43eabf8a824b8839c", "ref_doc_id": "6cd31fc7-61ec-4a00-bae7-175d7e82c686"}, "75c3570c-be12-432f-bc0a-813a9f196d5a": {"doc_hash": "08bb1c8904122de9070743572d5c24ccad9695831277e11020ccf7cb1cc42252", "ref_doc_id": "70e6ebea-56d4-4d69-8800-147e09a5d529"}, "c6ec467c-e3b6-44b6-88e7-d2094742193e": {"doc_hash": "80451e1c52e186d25f8db5a1104edfd4b2157f08104faa4b0699736c5612375d", "ref_doc_id": "70e6ebea-56d4-4d69-8800-147e09a5d529"}, "57159532-8360-4c73-b81a-6b9954074271": {"doc_hash": "9b0788e8f83bbee71312f7454fb5a74cb6cd7c65e1b97e03cf3cb64759ac7525", "ref_doc_id": "01ba9af9-d4c2-4b42-ae2b-fcf0f4f73062"}, "d08a3617-b303-4be8-b0a1-cbe806f681b1": {"doc_hash": "a95e034302408272c099d045e699354d2bde04b00867b6bd2a04da1863828d72", "ref_doc_id": "204929e2-6529-4b6d-8cb4-e8e26cb4e0ce"}, "11b2c65c-6513-424e-9e08-cc8dbec7a654": {"doc_hash": "538e25f6b22a40c79215776d1243a73feeb390dee156dc2dd7a0e7a3163b4ed1", "ref_doc_id": "204929e2-6529-4b6d-8cb4-e8e26cb4e0ce"}, "ce255c81-ba57-4cf8-aab3-397db8dfd6e7": {"doc_hash": "0d78b3498cbaeaeeff1a8ea4afd5a74e1a269a6400ead547f65937730c35fda3", "ref_doc_id": "ef89e158-090e-4ec0-a292-5a2a576a7778"}, "840b8fc1-3538-4e00-9937-3a87958a893a": {"doc_hash": "0ca92dfd1266becb2cbd5743ac3cdfc9685a4bc426c32b7068e7350edc40e45b", "ref_doc_id": "773cdb1f-f548-4cd3-a2b3-283b1aabeeaf"}, "06473ede-cb69-4456-96cc-4c03ed1e19c3": {"doc_hash": "92e7a53b764257156dd3d3e62486aa405929ed6ef14b794bf03d207e37a89751", "ref_doc_id": "9cdc3132-02d9-4a78-8c95-73a6fb26b8bd"}, "10d32d59-21f4-4180-bd7c-647c6b153ee4": {"doc_hash": "99622d1b5c4896f1ccb1dbfe3c1b9b5d2e59041bafc35a15df29b15168217af1", "ref_doc_id": "8cc90aac-cda6-46a5-b6d7-683c6492cf3d"}, "abbfa3d3-4d0a-4a4e-a111-356e3908f01a": {"doc_hash": "08618a6e92db734901f5e83d6398f53acf99ceb400bc9624cc7795dfb71e5ff9", "ref_doc_id": "47c919f6-c038-431e-abc1-da5d1e137c9d"}, "53b4ffd3-e8a2-4b58-b824-14aed3ce7341": {"doc_hash": "df60f6f97a12d15b7514e095982d0fe7fe1989071ac77cce13be487379702cc6", "ref_doc_id": "bd690291-7cfd-49cf-9725-a86eb2193486"}, "d30931e6-2ca2-4dc3-aa3e-08c79bea362f": {"doc_hash": "f8bd3a37aa4f5b4f3738ac2773a1e54a7f281cc63a8d645001e85cbeac61b59f", "ref_doc_id": "2744dfe0-d35a-407a-b951-5da0b2bb4e2a"}, "caf6cf3f-9285-4db8-a369-bed8ae35bcf0": {"doc_hash": "11be441d6db67924ec05f3128f61ff4080cbd43625e2902d029d314ef7328604", "ref_doc_id": "e97c2417-7072-4a88-8698-397cef1b683f"}, "1c296ee2-d869-43d4-8a15-88d9c091f495": {"doc_hash": "371da596e1bb8d9b76e349444dfd9083e1e993fe5b92fa292bd9e71c157d734c", "ref_doc_id": "cca73d70-3102-4829-a115-11cbc996b652"}, "a8b9686a-1eea-4689-a637-17238959ded2": {"doc_hash": "65ab576a46df49d5403e3eee6ccedcc7232918b6ea4e183562ae2c89ab35edfa", "ref_doc_id": "f8858028-4f07-4ce4-be0d-545b6a664489"}, "ddd37475-e2f3-4fdc-81c6-23a6dcf61fb0": {"doc_hash": "485ba8b05dc58f3a5dd498e9b796e2a419e910ecfe99d041f9b934c2d612c187", "ref_doc_id": "c889e5f4-2d6e-436a-af38-2443c62787c2"}, "7087e870-ba7e-40bd-9c4d-dddeca721650": {"doc_hash": "6e447245801708e3afa25540e7dbfda2c0e00214b1de108e0b7d1a4d6494f602", "ref_doc_id": "335c6713-618e-49a5-9ef8-7dcf07da55ef"}, "96e26c1e-0196-405b-9d62-93fa9629fad8": {"doc_hash": "1027cc0abc49584dafea9ee0e166f3c7c908912562fe427a46dd2a0cd3c8c316", "ref_doc_id": "335c6713-618e-49a5-9ef8-7dcf07da55ef"}, "fafbffbc-1941-446c-8f9e-9f307baaba95": {"doc_hash": "661c0a6b33e65cc454c7bc780a5a8b5d3f7c9ae54d9d0159060139dd38031f55", "ref_doc_id": "1587c2cc-9d98-4c4f-a206-80145a3d50cc"}, "2acde77f-4820-431a-b1a6-c469aef954cb": {"doc_hash": "b14a1bb97bfaa6c45b8b979466c9c4b05e7334bdeadf8f551642a893bf3c1949", "ref_doc_id": "366a74d0-ecf0-4d87-8cdf-9ef9990b70c5"}, "777e64ce-0888-4c59-b270-0688b3107eff": {"doc_hash": "852ab88274375610aad746cd64e620d788d524aa34233807039a7d67d6c5eb35", "ref_doc_id": "67058945-4619-4c18-b366-f205b41870a4"}, "0f9e616a-24eb-40ea-871d-96030e6be71c": {"doc_hash": "210928a0d1c3f40da948101e1f4eb0415491fb05225d55db2d8d7ecc84bade4f", "ref_doc_id": "df9eaaf6-ff72-4952-b367-ab1be8543fa9"}, "43a3ab95-52b8-47ea-918a-f8f80cdcde51": {"doc_hash": "8a2efc62854909b4e082c7a7448af7b38eaa3cb6fd6d65beda4293c636145da6", "ref_doc_id": "498c7346-078d-4d54-a8fa-65c883c673ee"}, "f5107d82-33c8-4e58-90db-20c9081b01dc": {"doc_hash": "38d05eb96fc98ae7daa02e2dda6ab9d755c568d1f33914413da16b023747f1ac", "ref_doc_id": "ad803bf0-6fdc-4328-965b-ad565643005c"}, "9d728203-0f27-4b2e-bb59-ebfb60eed87a": {"doc_hash": "90781d3e785318c3adbf3eaa23a01d53072ce1c45de5f6d62cb367550581b869", "ref_doc_id": "c12c6ae4-33dc-4eb5-ae2a-219a18724d0d"}, "f00282b9-39d2-4ccb-b1eb-19283d7593cf": {"doc_hash": "646c6e860bdafd97be65fd5658cc99e1b230c1422c5956f25874a15c4e5cd280", "ref_doc_id": "130a4015-f002-4dff-a5db-f76ef6082701"}, "9103e29c-4abd-499c-aae5-f14ba3aad14c": {"doc_hash": "b5d071f300d1df1fdfad710089f52cd8b7be5ba66dc0dde85b52b9d291567009", "ref_doc_id": "ba4a4fbc-dd62-441f-a69f-65e5a5002faf"}, "aafbb58d-5fe6-4eaa-a57f-93b574c0e37a": {"doc_hash": "1bc9855e44d774802a277b76094717218d974e1f68cfc26c18af764e4362bbea", "ref_doc_id": "6b2318d8-3c49-4eeb-8b3c-40c54e195be8"}, "1e2e49ec-c3a7-40e4-8049-c893589f9801": {"doc_hash": "c47fd014c8827fa20f30c0008606448d4195ec8768697a603c35949e2ec0d179", "ref_doc_id": "800519b2-a625-49fa-b383-1b87a5a088ae"}, "53aba50e-56b0-4c7a-8697-62669d167ea1": {"doc_hash": "139ec92ea2436569b299a71ac3a4bb0711941fb4ab4061c7800e36869dee7078", "ref_doc_id": "88df0f47-3b31-4145-9e83-a59401557b4c"}, "050806e5-55bb-47e1-94ee-c1a83e7bed53": {"doc_hash": "487209c9c6764c99e436b3cd7aa68ad1b37d1da1dcee2cebcf4fe83d6ffc80a6", "ref_doc_id": "79de5680-d050-4edd-afb4-1158d58a6572"}, "b0eae0ab-5523-4d9b-bfcf-8a42dee4bf9d": {"doc_hash": "37e201e1dd15fa6d7a635d0734ca0a19f62b03828fdf6ddafcacba2fe923efa9", "ref_doc_id": "79de5680-d050-4edd-afb4-1158d58a6572"}, "3f771a51-9b71-4ef1-8749-f6e9cef69e95": {"doc_hash": "6efd1b65214566400136cedf00783d3122e73ddaeccefb0025ca214d137a5f8b", "ref_doc_id": "a99cc17c-b156-4b15-802f-3d1e2a955c0f"}, "44e39ca6-cf1c-4989-8d85-fb859e9e052c": {"doc_hash": "83cd679e1459f04cb6f2700ce7c28abbf53829d9b08ca01967ff5cced5d605c2", "ref_doc_id": "fdd3ddb5-0ff5-475d-a4e2-49c7569d6db6"}, "b42c706e-ac9e-4497-94c4-ced5cef60086": {"doc_hash": "b70fe50b12f6286a6dca74b25804fe488ada8de5068fd0e8544fe13a68b58852", "ref_doc_id": "2d5a2d1f-3d48-4b3b-a23a-498da3ffce8e"}, "bc755cd0-ae96-42cb-9a52-378d6a0cd947": {"doc_hash": "7f89dc2a05c4161c1d640abbed55bc5f8f9bd3df08edb729c13acdc06362853d", "ref_doc_id": "213ce038-e50f-4f69-8d19-baa9708c6c9d"}, "d0f2bdeb-9ded-47dd-91ff-3698d8ec6ad7": {"doc_hash": "d749e0e112ec524745bbdeecaa5cc851396736fe04fb3473bb26b88007e32ae1", "ref_doc_id": "213ce038-e50f-4f69-8d19-baa9708c6c9d"}, "2f97c2d5-d11f-46ca-8b32-0137c89c8400": {"doc_hash": "0d06f8810fcb3d6bb81f5f00843b9f0869d2bffbc87e8ce563bef2d2200dd2e2", "ref_doc_id": "df6f9068-cce7-4203-87f5-ab100ede6d24"}, "538916f1-c9a4-4c3f-acd1-2b25de7a5ed6": {"doc_hash": "34bde09c24846626444c4a3ceea33a225ff4eb985c972ff73e905c431bebec74", "ref_doc_id": "4350706f-20da-4ac1-acdf-508f5216cadc"}, "8199f42d-5e7b-4aa8-84a8-44ab47d47153": {"doc_hash": "6feae599ee4c595dc1e2e2390f5e6cde3289b082778f3041083b1a9484fbb18f", "ref_doc_id": "7fccde4d-6eff-4710-801e-48b3569b2079"}, "6b57d031-79ee-4bd7-8e0e-a803fbe70009": {"doc_hash": "ae2922b06de4b64c9f9a3cd235d6bdc60782f242a91a26f61a386b47eeb173c8", "ref_doc_id": "1469b045-179a-4501-8fca-95f1e1e69cb7"}, "d52bfc28-14f4-4c04-bdee-bf6c505bdf69": {"doc_hash": "a2e422ddb958de94754e5d9748a2ddaea257f2f6cf8ccd7b4e86547fcc42bd5a", "ref_doc_id": "2c8a40b9-3bcb-4455-ad2b-dce42ad2fa3c"}, "f1ebd947-0808-4be3-b389-98a2ede9c10d": {"doc_hash": "07ce1a442a3218bac91309d8b1b0f8807e77d0cb2edad10788a955ee1d219cb1", "ref_doc_id": "b6ddca05-47d8-4b70-8bf2-6afd157c6b5f"}, "82e83ad6-8e0f-48ce-a055-ac6a97745eb5": {"doc_hash": "1d72ad97b8a6874c1d87998624068d3823c9c77322ee3aa974dde8ab1f16f3a8", "ref_doc_id": "b6ddca05-47d8-4b70-8bf2-6afd157c6b5f"}, "6578c514-ffa9-4a3f-aee8-0144cefa56b4": {"doc_hash": "35eabb0a1198ebb126bcad7eb1d31b56699e543074fb6579567c3fbc5b509ec9", "ref_doc_id": "16dd49d1-04fc-4171-b912-47d10f89d47c"}, "127642cd-f666-4132-b7b3-1c7bb1f8c709": {"doc_hash": "4fee9bbb96555dfe18ab9f5b359c23e75f627df8a0406af640c78c113a9c34ea", "ref_doc_id": "16dd49d1-04fc-4171-b912-47d10f89d47c"}, "cba980df-5574-47f9-826b-2987e7bc3486": {"doc_hash": "c280e5ad798ebc43cb226ab4d19d30ae904a743573b0877270c09efdd50a293e", "ref_doc_id": "7bbbdc10-0221-4dad-acc2-2ef81437b465"}, "f7c705fa-15dd-4057-ad30-492c1bfb316c": {"doc_hash": "9817c94f6c9f009c1cc31a79e4d19699ba662c7d673724b22b33c3c04c2d2841", "ref_doc_id": "7bbbdc10-0221-4dad-acc2-2ef81437b465"}, "ff5c2ba9-0964-480e-9dfe-1c75e7ad5757": {"doc_hash": "ded4912ddfbb4e33a2e2ec08d442a881a337ad95737e61b635dc75e4b1b2b348", "ref_doc_id": "07938e21-6620-4967-a310-479f9aebb4ee"}, "724ca77f-8071-4f81-9da4-ace12b3dccfe": {"doc_hash": "a557317691ef493db3c322e7c0c96ba438a7190735af542c461e704b0066dd50", "ref_doc_id": "07938e21-6620-4967-a310-479f9aebb4ee"}, "bba36398-e8e5-4503-8e3c-e7b4d47255e8": {"doc_hash": "ca7f498b75cdac7384b7b8097e103b89de287c63a8182cf4ec4cf101f7e50e32", "ref_doc_id": "6bac1470-4391-4b6d-b2c1-e5a1f4d6cd82"}, "404b09a0-57fc-496b-afc5-bbbcb4d8e29d": {"doc_hash": "025d6da40229d1ceefa29fcb546f2a9823c97001ac1477257bdd1623f908e17d", "ref_doc_id": "c6377d8d-21b8-4210-be11-510f8ffc8454"}, "9856fbce-b05d-4f33-9039-47c0354bb62a": {"doc_hash": "cd43d5db9f0e9dfd64cca172500941e4d61324631d287733f3a830afc4276926", "ref_doc_id": "c6377d8d-21b8-4210-be11-510f8ffc8454"}, "b1c9e194-f0b2-47fa-9b98-3b214c72fd0a": {"doc_hash": "3c4b81e9fb70ab1b9c51c8ba06c933c4ff004c84743e6cdc0e729b461888c81e", "ref_doc_id": "3376b325-9de8-4f05-b20a-237fb14a71d2"}, "8065d1d0-c3f9-4977-94cc-6f54885a99a3": {"doc_hash": "29832fd6d538f45d028f6c76d8f82ac45386304e3f7e9a278c5789aabc44f6e6", "ref_doc_id": "c0553157-de24-4b4e-a491-f072f3d2c9b0"}, "8c93daa8-38d2-45c2-9145-aa57ae1a9c2b": {"doc_hash": "9015aa74d526efe7943ea8a656802af65d7ac547a1a674b5168c523f6f934d74", "ref_doc_id": "c0553157-de24-4b4e-a491-f072f3d2c9b0"}, "5876a1b1-9b24-4278-977d-11006650fca8": {"doc_hash": "123bdcf74c3a86e02bf1eea5794bf22ab3a4012e3c45b68708d3a436fe7ca731", "ref_doc_id": "e526672b-d351-4b85-b3fa-56a724532b76"}, "0ae4760a-d2ec-4382-8158-91a446e91a6c": {"doc_hash": "8fc14623e371e14f5b7e7a355a5cc3ff2b40bbf4f625c9287ced6d56c7d8083f", "ref_doc_id": "e526672b-d351-4b85-b3fa-56a724532b76"}, "197fcd4b-58c4-4604-8678-e5905e2c72ff": {"doc_hash": "32e8b33950b418575c2c55b9810065b083133b4db3945e3ef84fc3e646b80418", "ref_doc_id": "b87f6bda-ada0-486a-8473-7ef53930753c"}, "7b2ee866-cfa8-4a99-b504-fffe261159a4": {"doc_hash": "780a07ddd009b1e753718813d9cc39e2884c60b246fcf44f2d72d52926839a74", "ref_doc_id": "b87f6bda-ada0-486a-8473-7ef53930753c"}, "5d3ddfbd-bdd3-4522-9b61-9f3452b774c6": {"doc_hash": "083a89b00ec0c7560240f02167f1b6b9101f36bb121413fa6f4a95015a4312d7", "ref_doc_id": "a4e334a9-f115-4b3d-b77e-c165db3d8305"}, "4715d751-842c-45cc-bbb1-61fccb41d1c4": {"doc_hash": "52526cdef20aa09066dc280b53693c611ac38c85a230e7f50781e9bdbc776176", "ref_doc_id": "a4e334a9-f115-4b3d-b77e-c165db3d8305"}, "77aee2d2-b50b-4446-8567-13f4aabc413b": {"doc_hash": "5b7d92f2ec19d970213a70c0983ab67d7ed97e19c5bd4fa5ba66da45b1f98a8b", "ref_doc_id": "c9d526e7-4a94-4fa8-bada-a34d91d0de4a"}, "67455a46-f26e-4289-9c0a-454aaa4d05b2": {"doc_hash": "14ec39ca0cdd2544a707902cba3047e014e09cc7fc99b8b6583fba0195af4e7e", "ref_doc_id": "c6642a62-1d49-4627-b380-cadada6d0c63"}, "5194c340-77be-4d1d-ba03-4609cdb9674a": {"doc_hash": "7d2200c7cdb99c78637f30bbff0e94a845afb6f8008ffe43faaa3817d5ec1b19", "ref_doc_id": "c6642a62-1d49-4627-b380-cadada6d0c63"}, "2b65e791-0f79-4a22-b6d3-035297779257": {"doc_hash": "8c1f17a427ed163a7f914a2bc649ed408da89e740ee7e8fa4d6789534cab3ef8", "ref_doc_id": "0944c603-8ccc-4e43-a93e-0acb21539815"}, "32f41747-df83-413b-b8aa-3b3a27b2d81d": {"doc_hash": "1861932becfac87394222dcfa404b5c55dcf59f3d5831fa8aff11961315b1682", "ref_doc_id": "0944c603-8ccc-4e43-a93e-0acb21539815"}, "7f347b8b-3ee8-4a2d-b21a-05b74a8e05d9": {"doc_hash": "3d8882fbb87cb645d74286016f148fc724e19c9d47ba6e943d850cef346243bd", "ref_doc_id": "bb9d1db4-440c-4cb0-8c4f-5b4715cb009f"}, "f3a2dbad-44ca-404e-ba8d-1fdb7cef7cc9": {"doc_hash": "bddd86a448e03460baa2a3768a061a08b33e4e8177a3a74f39810379f43a31fa", "ref_doc_id": "bb9d1db4-440c-4cb0-8c4f-5b4715cb009f"}, "a20f8ce8-1879-4416-bba0-52db685d53e0": {"doc_hash": "53a946615d1ff8df0ec123eef07209c1be259cd18b1954afd135c9fe1b095644", "ref_doc_id": "3d112057-d9ce-4e84-a932-f66910ee463e"}, "60fafe54-2a86-4da7-bdad-63e01b4fbc37": {"doc_hash": "33ecb1f21dd29c75c31210d726dc0593aad6d94ca28f86c996553e7c865f3e66", "ref_doc_id": "3d112057-d9ce-4e84-a932-f66910ee463e"}, "0001c883-f853-4b17-b223-a862665f7fb7": {"doc_hash": "4b7be16a30a533ce1a9c5d3dac4c47f258186aa505ff71f970cbae4577ada1ff", "ref_doc_id": "80d799b0-bf03-4ef5-99d2-5c869e86d193"}, "3971ca33-d4c8-46c3-b604-fb0670aa1edb": {"doc_hash": "2ac791623449dfbb80e7dd465fb6fe79f1f1700c59554c78ec2f360ce7999ca0", "ref_doc_id": "80d799b0-bf03-4ef5-99d2-5c869e86d193"}, "6c5cf8e1-80b8-4314-97c0-47e64e60ec8a": {"doc_hash": "a0491aea568fa6c44c9bb9aef1530499628b7ba80a6a2ad0fda7112bb5878bd2", "ref_doc_id": "287ca2da-17ad-47d7-949d-e7d880ec3f83"}, "69e236ea-267e-4bc9-88db-83f8726b319e": {"doc_hash": "5e1dd29f8ee09cb3d1fb5acc367b00754aecf633801437da6b2023d69ed6aad8", "ref_doc_id": "287ca2da-17ad-47d7-949d-e7d880ec3f83"}, "69ffecf5-4ff6-49e0-b1a6-749f334af515": {"doc_hash": "92a5d57aa9c57cbc8eec2d3ca1ffa461514fd219f4b795cd29becffb62181179", "ref_doc_id": "fe024188-e428-4c77-8056-b33f2f29e477"}, "e4b89bb2-ac11-4872-a763-14dec2ba1781": {"doc_hash": "af5c67f48c826967c986c0e52301ac2aabdd401a8e4dd8605181e6eb1944b74b", "ref_doc_id": "fe024188-e428-4c77-8056-b33f2f29e477"}, "b873927d-bbd6-4959-a323-fc0e3ed52142": {"doc_hash": "43f4f47ee591ed0e080e0aeb810ceb84929af1917d2de79d2f131ffa08336b8c", "ref_doc_id": "87008b3a-52a4-4271-b78b-53b23e854536"}, "8de4d54f-5e65-4e8f-a3dd-94909db02d13": {"doc_hash": "c6328f082339ef5878a420bccab9fefe752b58855298eaa2bef21011fca00cbc", "ref_doc_id": "87008b3a-52a4-4271-b78b-53b23e854536"}, "f8071ecc-827e-467a-bafe-350a4707692d": {"doc_hash": "a6fe7450825d462e1e4e6db58ea2808e023e760c71dfa22cb1b0c6005d8a7b2e", "ref_doc_id": "f6fb5fcb-272a-428d-846c-db28c7565281"}, "f72b7d4f-45b8-418e-9d59-04a2fc4481fb": {"doc_hash": "655a47018cf58e19d27e6b6278a0744ee1f72f6e0171fb9ce27e12992e44b66e", "ref_doc_id": "f6fb5fcb-272a-428d-846c-db28c7565281"}, "25f2186b-1f46-4962-8b02-b12d1697f45d": {"doc_hash": "6ee9abd597c19b38b79e8ff4367f0299a24fee0c03a55c141cf6760874b433e5", "ref_doc_id": "124d394d-7e3a-4211-882a-f85daa34886d"}, "e309ef65-76f3-4bb0-ade8-3f5af4421c3e": {"doc_hash": "9c1852de84f54553d1dca80179e69b1ee1ae93dbd07790e39d55fc1a82763f56", "ref_doc_id": "124d394d-7e3a-4211-882a-f85daa34886d"}, "ed7a899f-973c-4fb6-b1e2-2c8352d01cf5": {"doc_hash": "e56622c50fa81b21ad891e95ed4db7e07e2f030c01a7fd53a5094a48ff4ea354", "ref_doc_id": "7b6c9f65-9a05-4eeb-baf2-86a545a58634"}, "0a3fc180-0e50-4994-a7b1-9b43b3dc74d6": {"doc_hash": "632cef8d9e0ae51096764f0652862e099b6fc21acda02e8d090c4f57983a54f5", "ref_doc_id": "7b6c9f65-9a05-4eeb-baf2-86a545a58634"}, "a6200705-2fc5-4132-9cbc-000e2608ca1a": {"doc_hash": "5a33c20dd1276e8148207c33bac3b2a2bfbce802249af8ad8791b1cad26c9af2", "ref_doc_id": "5b23fba8-044b-4e55-8d84-b5a800f35be4"}, "6f9fee97-9bbc-4cf4-bfbc-56261f4fc7b3": {"doc_hash": "c291c3a77ab58fcb2c6fd6ba8ef664931acf55b157d5fe082dfbf3cd7ba2d1ab", "ref_doc_id": "5b23fba8-044b-4e55-8d84-b5a800f35be4"}, "18d5b0d8-b88e-441c-8716-ba1123e574fe": {"doc_hash": "94dee87d6181d7f301fa19a7078da64acfc5b7bce009efdd0a6f087cdd9d7fa7", "ref_doc_id": "96e4db15-835b-4890-8f9d-5ac5b26519c4"}, "8a23a2e7-1175-4b4f-a1c2-d7bf10ecbd77": {"doc_hash": "0b97249295742294bd98b2d66aabb50b5403daba00fd4a1623f541f2ba807b87", "ref_doc_id": "96e4db15-835b-4890-8f9d-5ac5b26519c4"}, "6db42add-9316-4ba3-9890-475bb3aeed83": {"doc_hash": "d4ef4e5d17554cdb1853722ce30c27b382aea6f5d13182312e1f8a34dab5e8ae", "ref_doc_id": "c293b41f-eeae-4afd-a580-f6fb67438772"}, "7284cfea-9c19-4fcd-9e99-f753c6087407": {"doc_hash": "4472da80259f5d4c56a144e1477e9cd74bf2983f029ecb011c1220dbc3746b41", "ref_doc_id": "c293b41f-eeae-4afd-a580-f6fb67438772"}, "d9eb8d50-295f-4e84-b4f0-4eb8cbe4a27e": {"doc_hash": "b7b2a2f278dd3bf74b55e85f69f733629545bcf5223c041bd9b132ceefbb954e", "ref_doc_id": "0a1300b5-83cc-43f7-802b-c34e6508f1ab"}, "a858b7e8-b51c-4ec4-b3dc-fb5b5f8bef06": {"doc_hash": "ac7a96d4210edb7eda6206f17251d656e224674d96f6ff394f03ef2bf0c347b5", "ref_doc_id": "0a1300b5-83cc-43f7-802b-c34e6508f1ab"}, "3917a112-3993-4d64-9898-e9b7a729bef6": {"doc_hash": "36847f2f3aad4ff9251b22e062f6305f9564cbba09c6c0443ad9a68f3907da03", "ref_doc_id": "bf099eb6-ab17-4456-90fd-1035d0aebd18"}, "26a9b39a-63d8-4545-8953-7d2c15b90f51": {"doc_hash": "901b69c438c2f3decc6afa0ff50d48a9c45353b7d800a90e015936653684078c", "ref_doc_id": "bf099eb6-ab17-4456-90fd-1035d0aebd18"}, "c968b943-7c83-4128-9338-046ac83802cf": {"doc_hash": "be3e09a34db9c2938719614e2adfed68859d04b0b5892a8e3260bde611790d88", "ref_doc_id": "d892090c-93f4-43e8-9d03-e9cf355d1c4f"}, "a3c30888-cc5d-4807-8882-4efcb270e9fb": {"doc_hash": "9e5efe19bcdec57131db4dd63d05006b5a30573f5ae23358ea5b881cd2769372", "ref_doc_id": "d892090c-93f4-43e8-9d03-e9cf355d1c4f"}, "69a8639f-1650-4e89-a5e1-5ed220bbe5f0": {"doc_hash": "a6fd4c844280461f73333cf71e1cc32fc27dbff83878cf82322b3853aad652d8", "ref_doc_id": "abe56c5f-214c-4bb1-bacc-e270a665489b"}, "6d0237fe-9c94-45fb-b8e6-e7b9a263ceda": {"doc_hash": "99a48d2e6529ea2d41f5d9fe75a26cca6f56d62dfba3ef3de04da79cd0b9a667", "ref_doc_id": "abe56c5f-214c-4bb1-bacc-e270a665489b"}, "dd488ddb-5b65-4985-bcfb-052d3b5654e6": {"doc_hash": "13b023eadeaeaa66aa457ad1faea0a753e918590dabbc96c362eaf63dd4dfa3d", "ref_doc_id": "139ccb6f-d721-4034-b7de-3c5792fbf388"}, "e4fcc618-2890-41da-aa70-2518976bf1dc": {"doc_hash": "300d72fec3b3a071204478b831a894c0f7392ef096b424ada16de36aabb926a2", "ref_doc_id": "139ccb6f-d721-4034-b7de-3c5792fbf388"}, "9e0d0fc9-8957-4f67-ba82-00ae01487f2d": {"doc_hash": "3d528346a63e8290a38c9c6e8f669fb1e6cf9c538f27fee10d1b6785487a3d66", "ref_doc_id": "e1c502e6-95f7-4e9b-b3d8-a4644086e6e7"}, "ecb1a782-eb28-4db8-b398-54cda318443a": {"doc_hash": "58c6cbd0ec53e471df93d85e8e863298f029a760074e2788f1e19ae176fdd9a5", "ref_doc_id": "e1c502e6-95f7-4e9b-b3d8-a4644086e6e7"}, "52fce71f-bcb0-4dcd-8889-35a23613be6f": {"doc_hash": "6565075ab60f550a4e10ddbb61e69cbc449b997cc4e8f5adbd10f4d8cd3da6c4", "ref_doc_id": "2a52d6db-8f94-48c1-aeb7-8229e38f0660"}, "a2ee7c33-a653-48c3-aa52-617b7e714991": {"doc_hash": "67bb98ffb746cd3e77c82fab7d2acb21835be89061de8cd2b895cd274ad0db06", "ref_doc_id": "cfba18a4-a06d-4c13-831c-552f814ebe67"}, "4ca7cc34-fb09-412b-8522-60bbe2ac5563": {"doc_hash": "cc54ea0755137c80f53ce9c29dfb74ebd2e4bbf0724b0f77dcff66e85296b82a", "ref_doc_id": "41c83874-10f7-446e-ac59-6964eb35c7f3"}, "c33d0d55-404a-4492-b54e-e9b2ddacaeb1": {"doc_hash": "8b4893bb191c07dcd63de710976bf33f3e0c4a3646fbc65db298ae0935f952fa", "ref_doc_id": "41c83874-10f7-446e-ac59-6964eb35c7f3"}, "4ecf96df-20de-4519-b097-de6ed63274c5": {"doc_hash": "1b947d91288b32a66e6ad0d0aba1214193ff02fd5d2981c664154c44f53b759e", "ref_doc_id": "de8884bb-3747-440a-b235-11e376f5ddf6"}, "43ce31a3-f6cf-4f4e-98c0-e3a9159d7996": {"doc_hash": "093438f2a801fac9938216bfcdf3ba9275a0543bda9b43a0c3bc7ddc0a373413", "ref_doc_id": "de8884bb-3747-440a-b235-11e376f5ddf6"}, "996e1884-507c-4f5f-91e7-b36ef73d8a5c": {"doc_hash": "fc3b02978639866eee032447eb012f7c5284f91e7cdf200ed307795dd85fd1d9", "ref_doc_id": "1a559473-d799-4a8b-a6e1-021f152e17c2"}, "2370ba82-e417-409b-81eb-1f903e819862": {"doc_hash": "53f6e8a10520d7d24dc1d2892842c16ec38996dd28b413fb02a7fa3ee7421450", "ref_doc_id": "db87d87a-3fc0-4276-bede-956765fe028f"}, "21aa1058-4ac6-4050-9ab3-5a3363bf6c1f": {"doc_hash": "a0f00ea7455744b3a02e9afcf0e9c4b7f92a4a7ffeb8c045ee450110b4e304ea", "ref_doc_id": "db87d87a-3fc0-4276-bede-956765fe028f"}, "943c2f99-ac69-4298-b87f-e426be26f13b": {"doc_hash": "f5a111ecb8ac40fbecabdd1de55c58e712571f3232135c59d35eb80cd4165f3e", "ref_doc_id": "c005ee29-1319-40a2-8070-7aedfe0e5dc1"}, "b67b08ba-661b-44b4-9942-8323b55f55ac": {"doc_hash": "d4e8f42de0f60bb73acd0ad6632bc9d34ae58db4bcc644013960eb87e1a9315e", "ref_doc_id": "730edc92-2e77-482d-a70e-67e7059bcd92"}, "70693818-d7ce-418d-821e-fa055fcc0571": {"doc_hash": "039977e788796b8c49114df6f88d0392663dd01db7184d6fa06d8d9053b97531", "ref_doc_id": "057c6c6a-e92b-405c-a1fe-4a8d28dbbd0a"}, "69f8f866-ad92-4041-9bf8-c1204a3370c3": {"doc_hash": "23b31f7db481ef55f4eaf6779501628ba417f56f962580b1270a4732dac859bb", "ref_doc_id": "38636b13-24a2-4e71-b967-47b10b83b698"}, "5c80ca78-60ac-4460-95b6-24726f02f263": {"doc_hash": "7645f9675b147d880659be3d3c44499c7c6d73107c05b2086f5836bc21c74fd3", "ref_doc_id": "38636b13-24a2-4e71-b967-47b10b83b698"}, "3e55aade-aff3-46e1-81cc-8ed7742ab218": {"doc_hash": "0a6b844b9c7518517fecd61ee91ca9799d82ffe45db1aae564e32273dc0e026a", "ref_doc_id": "9b9627a2-b0fc-49db-9634-06612f1aff47"}, "eeb8ecdb-45ff-44b0-b017-4b8318d76bf7": {"doc_hash": "8eec5035083cd1a09eb1364b9908844193d0c978a123cc00f053e1bd44fd5402", "ref_doc_id": "6ed93629-32ec-49e5-8bc6-223fd4effedd"}, "0b1d0d14-b0f9-4c76-8d06-be09e0918bf5": {"doc_hash": "7f025cdea5d898307a5a1aff647add1ded2566b60dcfcca04598742503fa1ae0", "ref_doc_id": "6ed93629-32ec-49e5-8bc6-223fd4effedd"}, "7bc1fa5c-1bc8-4432-862c-6268d7e337e9": {"doc_hash": "f35d48ba2e2e809409f4e987ae7da167de2cb65ca6e59dba63a3af93ea6e3d55", "ref_doc_id": "e0b673c9-dd82-4b4d-bd51-88ea83eb8a8f"}, "57403620-c06a-49d4-8239-942e109d5bcf": {"doc_hash": "ad943c3b3b1eef7de01d2d776875de2b14c753ac23c03f865ec77b8b98c3573c", "ref_doc_id": "e0b673c9-dd82-4b4d-bd51-88ea83eb8a8f"}, "ab2985d0-2486-4b89-ab21-8219bd479f85": {"doc_hash": "9dcdd6dec1f6bff1a890ef5e619a80088a1a56aa1806fb5c6bf639c8038950c8", "ref_doc_id": "675fa547-8255-40f7-9d1a-ba13ed9ec205"}, "a14da47b-771c-47b4-ade1-d3978946e6e6": {"doc_hash": "ae97084017c929743c115ea28d223e2eed34aa392b4cc4daaf7b11357805ad48", "ref_doc_id": "675fa547-8255-40f7-9d1a-ba13ed9ec205"}, "1b4b0c9d-d7bf-479e-8d06-d3ae9cd84cc6": {"doc_hash": "db8c1755d2a2e8198929ea287a57023b9a65f51b4b569832427b3148e5065f12", "ref_doc_id": "95e1061d-46a4-4cf6-a304-62bc276b5eb8"}, "3b1ec20c-5e64-4cdd-b8e9-be0183470c0f": {"doc_hash": "6ee83fc4784acf0cb863a12f0cf51ee8b7ebc017cb5e3d801e8bed52450bc352", "ref_doc_id": "d7738946-c838-400a-b9db-b207e14b321f"}, "42fcb1ee-41b4-4aa5-be07-a72fabee7255": {"doc_hash": "115e6ee16e0ef9ad772b5202723bc5a94c5c6d01569a6cbcfcb81c5c60fcb4bc", "ref_doc_id": "01a8a9f6-f7b3-4aa9-9daa-4d6058b674a5"}, "3b3125e2-4fe7-4bfd-9ee5-e5f48ecf8e97": {"doc_hash": "d0e90fc4c5d06adda2332c9841d0743cc6bd7dd35a517d9ccb5bd1643b54a85b", "ref_doc_id": "c2f08250-3a27-4b50-913d-d2d09f4689f3"}, "fd97855d-5688-46fb-8690-bdb1121c9f14": {"doc_hash": "60db2335525ee72390f5015f493211bb012208ff1f2b063f0603fa66efaeaa96", "ref_doc_id": "5a4fd854-205a-4988-be00-7c16514e1190"}, "1e8ae870-7af9-4b62-a856-aa3fd6a2e95b": {"doc_hash": "4866e8fbcef581668370e052a095847e054236c5d9e1a99861df03456b19ec8c", "ref_doc_id": "4f72ea66-637c-41f4-aeac-78d67b040903"}, "5cbc1190-43cf-4eae-9520-903e66ec816b": {"doc_hash": "623c2cde518c4a6312a5b1df97b4ba9b30477f956780a17854504ce8285eb31e", "ref_doc_id": "2c7abf5f-ea04-4574-b594-8d0496c02116"}, "d14fa2bb-eb55-4812-9cdc-a3227501f50c": {"doc_hash": "a67d1a2c3069ebdbe6fa4097dbcd16ebc78c2118e17372b409e3509f356ae7d9", "ref_doc_id": "2fa88e77-8aa5-4c2e-a294-f9c75d7ea176"}, "95b4b515-20de-4ff0-a105-bdd4a7b942c6": {"doc_hash": "25fcb099fc939dc9aa356aa8c5d31ddb7b3bdd34f8b96383cd3af0185bb83117", "ref_doc_id": "98ab8111-5df4-4081-aa1b-59a0dea15c34"}, "c8d82544-4965-415e-94a7-eb1dfe7c5119": {"doc_hash": "69911d8079ec6c258b6f21e93ed504beed3aac16df13955dfaa7132981703aa8", "ref_doc_id": "18fd8459-2704-4224-8653-0dbb262a39f9"}, "9233f495-46ad-4466-a1ca-857b80449373": {"doc_hash": "4690a61f5d2ad0773f1f5bd937eca7677bd6755a86aaa3a124b9f143182ce7c9", "ref_doc_id": "18fd8459-2704-4224-8653-0dbb262a39f9"}, "fe1f7889-4f31-4ef5-b8ed-a6b8531f1b5a": {"doc_hash": "3c05e37de9b3c58411e7fe9d7255a3ac99903d611a0643cfcea2e0745526a6e5", "ref_doc_id": "4091dbd3-6e1a-4ab8-8dd0-471f583c9f1a"}, "55196320-9f56-49b1-bb99-603b8e186926": {"doc_hash": "fbecf43b48b17e9df1f9ca84a5a3214172d95d83430ae0cc83e0f2760fbfcc3d", "ref_doc_id": "206a5e08-d2e8-4d8b-b4cf-36a51c277140"}, "1e88aa9c-c5dc-4b1c-b318-5aab46315f8a": {"doc_hash": "abfb53ae658f36d9ec0eaf3e6cd0859e44439915efd55cc0cc2d1083780ebc3b", "ref_doc_id": "32254a96-9273-4910-8902-a6a7db23598c"}, "25966cf0-ff81-4814-af5c-5fa504060f2e": {"doc_hash": "8a4a230b3a22ca0954fa90cfab26ad6362af087b1166d1a76999ae4aa3236bb8", "ref_doc_id": "3a1a2c51-534c-4e70-a8e4-f1c170734f10"}, "76bb7bf4-a0d0-4f09-9b3c-28644faa9cc7": {"doc_hash": "f73024bf464ca6efd284ceff606dd459ee0d890118014363e8f59288cc6d90fa", "ref_doc_id": "e9c19c57-bece-47cc-a550-2f78750f416b"}, "ee48eb6b-6fc9-4d09-b5d1-4d7b4ca22d88": {"doc_hash": "9704a0e155ed46cf46d81b03ffbf2b4328644aa3324d334709cf1dca9a9d0332", "ref_doc_id": "61d8b2c0-98b1-4424-8225-10a87812dc0c"}, "8b37f999-4dcf-43f7-9750-b040d4ae4c58": {"doc_hash": "fc36d3d597d477472027b662ce74df0f3bdfbfc4c317ad3901d8658d150827cc", "ref_doc_id": "213f7727-c867-4c63-9535-a2c23d5cf3c7"}, "73548369-9163-4a6e-a656-e969c323426b": {"doc_hash": "5e80eef48cd0893692ab8bfb5381d61896224191edebc0f6b2ecdcd4844a0cdd", "ref_doc_id": "f0d91fb5-a031-47f1-89b1-e374f944e826"}, "ebd5e5fe-c53a-4ad2-a598-c6e2784d80e7": {"doc_hash": "4acd0928b742091ad2de8c841e0b0601c0694b5426c4babeafc1ebd59d0900b8", "ref_doc_id": "f0d91fb5-a031-47f1-89b1-e374f944e826"}, "5ac36804-1779-4333-a81f-cc06946a5f9a": {"doc_hash": "8b0566b60f356a43fb6961f488a3cc935429b1e0f301cdc9c602b8950c084a93", "ref_doc_id": "8d188a4e-f759-4b6f-b3e3-22582dec17bc"}, "52281d91-2e12-409a-8f07-892fe70d5b6d": {"doc_hash": "6772298488fdf97bb5eb10f267b665ace0ca073bf145b1b758cc5fca7b3b0877", "ref_doc_id": "05e8f456-7e5f-4e7f-8f6c-f54f1e4a4ade"}, "37c445e3-c8c8-4fb2-b73a-86d9a91d9c06": {"doc_hash": "77d154fff02d57a661b3feecc0d583faa1abd0b8b28ed47b25ec1e09ec51f82f", "ref_doc_id": "f155c2e7-35f3-48fb-8dc8-ff33fa56a331"}, "03886520-8d27-43ed-b006-1b6ad892e72d": {"doc_hash": "be84ce0116abd5eed3feb636cee32e30df332741d71cf1cc26cd696893f8eda6", "ref_doc_id": "e217ce21-9115-4218-a3b4-c92b87c5a5d1"}, "50c40a4c-20c7-4689-89b6-1f61ba520e4a": {"doc_hash": "8215e7dfcf82c3f3db4814f50b650454b9c1293fd4ed495c4b96bda13d88f218", "ref_doc_id": "1ee19e0c-be4d-4072-a01f-b8b20007d024"}, "af928625-a6c9-4696-8b40-ef5ee98e05dd": {"doc_hash": "d1b8a0033fc5f8e6cbd0089ef8611cb25beeaab794eef33c31d2073ec05fac72", "ref_doc_id": "e9f14d14-bc97-42c6-b67b-de5501af7dc5"}, "12ad2efd-f306-4f46-a26d-a2a5cf1eec85": {"doc_hash": "39ff57f74300096e8fe700e33474db04568c10c5f03eebd205f94d949e1861cf", "ref_doc_id": "e9f14d14-bc97-42c6-b67b-de5501af7dc5"}, "5981a90d-1424-4d17-ad68-acffa96a43ab": {"doc_hash": "9301bb00a22fe2745510aa28aa2010a8f8ffd4fb28c0f9e5dcacdb17516336e7", "ref_doc_id": "dbd2ee5c-91ec-48c3-a0b2-82f3ba56d642"}, "d2ebb684-04eb-4235-aea4-53bd0f1897a2": {"doc_hash": "d88a4ddbd3aa935a787889cf101ac57cf90d911a1dc986a81928c1eadf7e3173", "ref_doc_id": "a647e60e-0a4f-44b6-a467-8c09c6773c35"}, "d805cabc-991b-43bf-ac39-595b6cf2a24a": {"doc_hash": "91c98720d3735845555a0ca85a671d3bfef40817bb0e24b1754c6ace2c5e0720", "ref_doc_id": "56c057d3-f138-4806-a568-615ef7d26496"}, "c25fe176-bfa0-4828-9452-4faf57ffc082": {"doc_hash": "e7da3b9e67d5b5fa43749259294d505649249eb66ef191c7ae04ba40e8d68116", "ref_doc_id": "571db4e3-e1ae-422c-b8d7-e8306b90e125"}, "4bce2bac-36b1-4071-aa92-a4ad78ba0c3a": {"doc_hash": "81bfe4a8135f1c47a0b41777e4edd1e3b8eced124cbdadd0ab02a999b39b972f", "ref_doc_id": "43b2ff31-9cbd-4b67-aefd-25e2e861e835"}, "d89ed549-cc22-4c80-a30a-433a0ece49ad": {"doc_hash": "559069b07566d6ce5480df42722195c593d07a9d6be7766112d189f54459ff25", "ref_doc_id": "e0be5702-67e7-4ad8-ab4d-8174451bdb51"}, "4aec8888-7f2c-424f-b72d-c3cad778bc14": {"doc_hash": "6824c9f391598e7c6e91efc95b75ed5900233d7e63e3607c46f063d9495e5d71", "ref_doc_id": "06cbe005-9129-4484-86a8-bc9db30a433b"}, "f6c9770f-ef62-4391-85f5-6236b682c812": {"doc_hash": "8286c67ee0f390fc7673da5cf6b52fa2bf5675a80a12f6a73d4fd33f778b43ce", "ref_doc_id": "672dc6cb-eb37-4426-bc18-8117e5888e03"}, "611f9f72-9f2e-470f-a57e-389ec7c64993": {"doc_hash": "f70f0e2876acb513f99b44cc23fe1f638503806f825c1a64cb4d350728a429d7", "ref_doc_id": "e87b4a9e-e334-4d62-95ca-df1aa17a8faa"}, "127b55b5-52e0-4404-823a-841e4a113f5a": {"doc_hash": "257d305732878c8dfc6be1fa42079d61bf96ef89a259078dec184dc49de9dadc", "ref_doc_id": "21baaf96-42e7-4107-94a9-610696a45296"}, "d6f90831-6f2d-42ac-90c0-11330d76b07e": {"doc_hash": "ed5f2171046ced534404542468e5c123cfec75d753e297461e5d9c8ee02400f6", "ref_doc_id": "e89a953f-4697-434b-a305-0f048574727d"}, "93335f8a-2d60-46f5-8daa-1e5b83df2f6c": {"doc_hash": "c93f863a9d151fd5e058379f79877b9207cbc8244932de37b55fd3e1bdb4e20c", "ref_doc_id": "592765ce-4d96-4a5e-9051-33e12bed1c21"}, "5342e136-5dde-46f9-a0ab-4ec26e8975df": {"doc_hash": "8de5317c284bb197c267c4c3e84c7474f34042fe7a3c489cf3dd70e699e617ce", "ref_doc_id": "b9e8632a-949f-4f0b-a5c5-1d4b74759149"}, "b68045bd-eed8-4649-9e35-97c1ef4d791e": {"doc_hash": "cc67694dbf74d280249812b97991b842188d1450f04acac04a7ee4ae575bb4d7", "ref_doc_id": "2fee5d25-e7d7-4b62-8677-fe91534476ca"}, "4831ecc2-931b-4658-9e0c-9d19b07f24ca": {"doc_hash": "db5e9539a352760e4c3fcb82a8d4f16356ba61c33f21aa635b18f2a404db780d", "ref_doc_id": "55a8cccd-b779-44a2-8407-60a45ffe8c70"}, "6a7b5823-a931-4452-8563-f60842d707fa": {"doc_hash": "490828375930e9258a5aa08b7ba768c92ccf2327be9265160148483d0cccd439", "ref_doc_id": "7c25808c-0b18-4bb1-924a-08a8a8ada8cf"}, "5f729e00-7137-43e6-afe7-9d5ea254e3b0": {"doc_hash": "cba411dd5e1f74e945f6b9615abb91344401f4dd1862dc939ceae83328081cb9", "ref_doc_id": "88ac38a4-bcb4-4575-b0ff-7e6c13c47bfb"}, "f9d6de45-bfe0-40b2-8367-bea17b2f26b2": {"doc_hash": "845c2070dacacd7957d3e493fca3ab09e4e821408532524b42d46e305c7e117a", "ref_doc_id": "2b1299d7-025a-4200-a25d-25582ac0be35"}, "7c814dec-0b85-434a-b318-578dbc518402": {"doc_hash": "404f79aaa6f9886e517948f364db05bdfcaeaa2c1464aa7e95adf825e1fb4b69", "ref_doc_id": "8870639e-6caf-4c7f-a0ab-81ee0a2d2100"}, "9d4a7b04-b68d-47e4-abbd-43e544f88077": {"doc_hash": "572eeb8fe18fc72c2fa0d664db8e92d26089a5cb50d376bb737d53d0ffe0e218", "ref_doc_id": "8870639e-6caf-4c7f-a0ab-81ee0a2d2100"}, "02d3ea3a-3d3e-4979-9d7e-3b735702b32f": {"doc_hash": "26587b32156064c4e961b1808b958d557655ea908326d946b937023f1e7b854e", "ref_doc_id": "8d9f20a6-be83-4963-a2a1-d342caa18f61"}, "9ffd8abf-9737-4dae-9e9e-5fea0996bbaf": {"doc_hash": "3372f76b61c473620a9b98bb1e971eaf8cf9e5777597bc1c00166f3b71ed2655", "ref_doc_id": "8d9f20a6-be83-4963-a2a1-d342caa18f61"}, "69fae818-c70f-42a5-832a-80be1e55fcec": {"doc_hash": "fdee56405f63785d424cc812124dbf8ae91aa65c2af52e6c65726d365db26d28", "ref_doc_id": "8d9f20a6-be83-4963-a2a1-d342caa18f61"}, "b5b3611e-1901-4b53-b807-7c20f0e80121": {"doc_hash": "bcbf257d1e5b4cf5d629ae55423b85a06eb689592092c0d83dc0cb81ade3dfae", "ref_doc_id": "77cadd3e-e54e-4133-9c19-d6d281a9d784"}, "d50c3097-7193-4a92-918b-1090dd501add": {"doc_hash": "f935aa611d079ada2f66fb268bcc824fa3cca5a60102654eaf5fa5fb59ab0f4b", "ref_doc_id": "77cadd3e-e54e-4133-9c19-d6d281a9d784"}, "c0020e1d-943e-4fc8-92eb-7a166052ec72": {"doc_hash": "0f7fe6389b698d0cbb54f2f99fa0f0ef8036a0fc5f094b2946b69346cce338e1", "ref_doc_id": "77cadd3e-e54e-4133-9c19-d6d281a9d784"}, "ac610c01-c101-4ab7-87fd-280b11141b13": {"doc_hash": "2a1e69f5ba22f0c72bee0021ef9dc8eb26c59d584f5f3a6a0073eb25f44c2e77", "ref_doc_id": "7858a4ad-2727-450f-8973-3228ace41cf9"}, "d0d77f7a-f81d-4ba4-bc41-c147e639dab9": {"doc_hash": "1392f8f13443362882f46a7e2e88adf707d3666adc87a25196d2a39edae72d35", "ref_doc_id": "7858a4ad-2727-450f-8973-3228ace41cf9"}, "0846d872-e685-427f-84e0-62acb77eacd9": {"doc_hash": "7ea4b37467cfcc8fdf6b59732de0797231043730f5e8959a1f995ac4fcd80c8c", "ref_doc_id": "7858a4ad-2727-450f-8973-3228ace41cf9"}, "a1e8a336-bf3b-4b44-a2c7-b43f5a474ab3": {"doc_hash": "a7a65f4734ee47c0b53dbb4797f42f4d86c00072a662b13323c02b9230a2e284", "ref_doc_id": "308426e2-7aad-40a7-bd34-01321a4651dd"}, "62a57144-bb68-48a1-a743-58ab7f217a07": {"doc_hash": "e1d7d45d45ec524631bffb0406084ecb68a472dfc1b6edf7a89f1b6e26c80c2f", "ref_doc_id": "308426e2-7aad-40a7-bd34-01321a4651dd"}, "9a5c374e-6c59-44fe-bba1-b334796cb500": {"doc_hash": "cbef94bbd071fa66e3b6c55a8cdb06c9e38543578941b45715bc112b9b9be686", "ref_doc_id": "373c953e-41cb-4cc1-b359-308fef68a994"}, "d3ac1389-6110-406a-ab1b-3d9fa4cff58c": {"doc_hash": "4ffe5463d06e2b888cd948bce3894ef2669639d493feef7e2f8df69c3628ee4a", "ref_doc_id": "373c953e-41cb-4cc1-b359-308fef68a994"}, "dc0cf980-5971-4f79-b3d2-eb5451458e7a": {"doc_hash": "7ff0350ba358b524403ecae3cfaf975f533129c57170df9e0105e398a9086632", "ref_doc_id": "c983c817-b6c7-4de9-8eca-d75222ea0a63"}, "b5bae532-657e-47d0-850f-3bcd6437247b": {"doc_hash": "ac698f7ec3a8e714619b3dadcd77edefef7eae6aafef7e2a5a616e1029d72763", "ref_doc_id": "c983c817-b6c7-4de9-8eca-d75222ea0a63"}, "ed22e06f-3717-4847-a101-43bb149f585e": {"doc_hash": "fdd19070d902362125ea5a1237e7896aaceef2f1fc7ee8cb1c9c0cf4334033f8", "ref_doc_id": "99fdd3c9-7854-4da9-84be-d9b0faf82b05"}, "46fcf718-a389-4c0c-9bc5-1b7f09a840ac": {"doc_hash": "6f70c45563627db693d0b0a878a8e8e9e901b2656a491ae71c4c28ea0b7f6341", "ref_doc_id": "99fdd3c9-7854-4da9-84be-d9b0faf82b05"}, "9bcfacc0-7777-4045-ad14-64a88007a301": {"doc_hash": "cc6845a047256863fc5e48635da7989cac60ff982b85faca59f8cf408b85dbe3", "ref_doc_id": "0cdf267f-1732-4611-949e-6b1d09aadf24"}, "ae002b4e-948e-4358-b101-bfa5f9cc88db": {"doc_hash": "865c16b9037c84f7c704e59325ea3fdb9af66f1345f96c372fdc1198faa75360", "ref_doc_id": "f0a93551-b59e-43eb-a0aa-f236589f7e92"}, "0de9a9c0-f321-4e42-b512-106a265c7c28": {"doc_hash": "383e4b661abd1278169c474b2038032624fb5fb964e9a3ab6c38de0f0334adc3", "ref_doc_id": "947fa44b-5e53-4ecd-86f4-e6dbe410c8d6"}}, "docstore/data": {"f397758f-74e2-4dd7-bd78-1d7676ac3a86": {"__data__": {"id_": "f397758f-74e2-4dd7-bd78-1d7676ac3a86", "embedding": null, "metadata": {"page_label": "3", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "acac6aca-512a-46f4-9004-b3391a0b06cc", "node_type": null, "metadata": {"page_label": "3", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "a8b19615e666638bb709e81362969bb62db747e4bbc5537ca81dd3bc4e86d6a3"}}, "hash": "a8b19615e666638bb709e81362969bb62db747e4bbc5537ca81dd3bc4e86d6a3", "text": "To our investors,\n2022 was a year full of change and uncertainty around \nthe world. In February, when war broke out in Ukraine, our teams worked around-the-clock to make sure our products were helpful to people who needed them, from providing trustworthy information on Search to disrupting cyberattacks to partnering with the government to deploy air raid alerts. In March, I traveled to Warsaw, Poland, where I met Googlers hosting families who sought refuge, talked with entrepreneurs using our office spaces, and saw how our products like Google Translate were helping Ukrainians find a bit of hope and connection.\nBy late spring, the tech industry was adjusting to a \nmore challenging macroeconomic environment, and as a company we embarked on efforts to sharpen our focus and make sure our efforts are aligned with our highest priorities. Near the end of the year, AI reached an inflection point, made possible by our foundational breakthroughs like Transformer and advances in diffusion models. It was an exciting moment for us after having worked to develop the technology responsibly for so many years. And on December 18, during the World Cup final, Google Search saw its highest query-per-second volume of all time, a strong signal of our momentum.\nThrough it all, we launched new products that helped us \nadvance our mission: to organize the world\u2019s information and make it universally accessible and useful. Over the past few years, AI has emerged as the most important way we can advance our mission, and in 2022, we made some of our biggest technological advancements yet.  \nIn the area of natural language understanding, our latest mo\ndel, PaLM, demonstrates breakthrough capabilities \nin language, reasoning, and code tasks. Breakthroughs in \u201cchain of thought\u201d prompting are helping to build systems that can perform multistep reasoning and break down complex problems into smaller tasks. We also shared new generative models, including Imagen, our text-to-image model, and Phenaki, which can generate long, coherent videos from text prompts.\nIt\u2019s been especially exciting to see how AI advancements \nare making our products more helpful. Last year, we launched multisearch, a new way to search using both text and images, and it\u2019s now available in more than  \n70 languages. People use Lens more than 10 billion  \ntimes per month to search with their camera or images,  \nand its new, AI-powered translation feature blends t\nranslated text seamlessly into the background of images. \nAnd, thanks to a new machine learning technique, we added 24 new languages to Google Translate, including its first indigenous languages of the Americas.\nThe breakthroughs we\u2019re seeing are poised to transform \nevery industry, and we\u2019re helping businesses tap into the new opportunities AI creates. Last year, we announced new products to help businesses solve problems using AI, including Translation Hub, which can be used to translate documents into 135 languages at a previously unimaginable scale and speed. We brought more AI-powered features to Google Workspace, including automatic summarization for Google Docs and Chat to help people get work done faster. To help advertisers create meaningful performance, last year we started incorporating large language models into broad match,  \na tool that makes it easier to match advertiser offers  \nto search queries.\nI\nn the first few months of 2023, we\u2019ve continued to roll \nout new products and features that help unlock incredible \nopportunities for consumers, partners, and businesses, including ours. Among them, we introduced PaLM API,  \nan easy and safe way for developers to build on top of our l\nanguage models, and generative AI capabilities in Google \n\u2192", "start_char_idx": 0, "end_char_idx": 3715, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f06e7b36-1c51-4e30-94b4-2bf596d9df66": {"__data__": {"id_": "f06e7b36-1c51-4e30-94b4-2bf596d9df66", "embedding": null, "metadata": {"page_label": "4", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4459d70e-92fb-4e96-9544-9130a931c70d", "node_type": null, "metadata": {"page_label": "4", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "898d750b5ddf6aebfe2fb1d804cce494e5a5cae6e28e9ab4d4e675bd81842fa7"}}, "hash": "898d750b5ddf6aebfe2fb1d804cce494e5a5cae6e28e9ab4d4e675bd81842fa7", "text": "2Contents\n4  \nDelivering products  built to help \n12  \nBuilding trust  \nby building a safer digital world\n \n16  \nHelping our  customers and partners evolve and grow\n \n19  \nOur commitments\n \n20  \nSupporting economic resilience for  \npeople, communities,  \nand businesses\n \n24  \nAdvancing equity  and inclusion\n \n28  Taking on the  climate crisis\n \n31  \nOther Bets\n \nInside back cover  Directors and  executive officers\nCloud and Workspace. We also launched Bard, an early \nexperiment for people to collaborate with generative AI. It\u2019s one way we are giving users direct access to large language models, and part of a natural journey where we\u2019ll continue to iterate and make progress.\nAI is also helping us to find solutions to some of the \nworld\u2019s biggest problems. We partnered with iCad to license our mammography technology for breast cancer screenings, which is being used in clinics for the first time. DeepMind\u2019s AlphaFold database grew by orders  \nof magnitude, expanding from about one million to  \n200 million structures. One million researchers have u\nsed it around the world to help solve problems in \nsustainability, drug discovery, human biology, and more.\nBeyond AI, we\u2019re excited about the continued momentum \nacross our businesses. Just a few examples: YouTube Premium is now up to 80 million paying subscribers and trialers, an increase of 30 million from the year before. And YouTube Shorts is now averaging more than 50 billion daily views. We introduced our newest lineup of Pixel devices, and our Pixel 6a, Pixel 7, and Pixel 7 Pro are the best-selling generation of phones we\u2019ve ever launched. And we continue to open cloud regions and invest in data centers around the world, including our first-ever data center in Japan.\nIn September, Google will turn 25. I am grateful to our \nemployees, partners, and shareholders everywhere who have made this milestone possible, and look forward to what the next year \u2013 and quarter century \u2013 will bring.\nSundar Pichai  \nCEO of Alphabet and Google", "start_char_idx": 0, "end_char_idx": 2007, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9b1ab043-d860-48b3-89a1-7faba52f193d": {"__data__": {"id_": "9b1ab043-d860-48b3-89a1-7faba52f193d", "embedding": null, "metadata": {"page_label": "5", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "986477d3-141a-4507-ac9c-d1493b9b07ab", "node_type": null, "metadata": {"page_label": "5", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "4c6ce37fd1c549b6acb5e89a35497aa63c29af44c46f4f7b5da75f11112c7b08"}}, "hash": "4c6ce37fd1c549b6acb5e89a35497aa63c29af44c46f4f7b5da75f11112c7b08", "text": "3\nYear in Review 2022A year of agility and reinvention\n2022 was another year of profound change \nand challenge. As the world contended with \nconcurrent health, economic, social, and climate \nchallenges, learning how to adapt became the \nnew normal. At Google, we feel a responsibility \nto do our part, and do our best, by delivering \nproducts built to help. We strive every day to \nempower people, businesses, and communities \nwith technology that can help them navigate  \nour changing world.", "start_char_idx": 0, "end_char_idx": 492, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7f5620ac-d077-486d-9c9f-18d86827531a": {"__data__": {"id_": "7f5620ac-d077-486d-9c9f-18d86827531a", "embedding": null, "metadata": {"page_label": "6", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "f45052dc-a8c0-408e-8dbb-b2ff84189ea9", "node_type": null, "metadata": {"page_label": "6", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "e936bbc291657ad005f126e1cafa790615645881feccc1036fd409b5fd66abb0"}}, "hash": "e936bbc291657ad005f126e1cafa790615645881feccc1036fd409b5fd66abb0", "text": "4Our mission to organize the world\u2019s information and \nmake it universally accessible and useful remains central to how we build our products. In 2022,  \nwe worked to advance knowledge and computing, drawing on AI to build products that are more accessible and helpful for everyone, everywhere.Information is only as useful as it is easy to access, so we continued to make Search and YouTube as intuitive as possible. We launched multisearch, a way of searching with both images and text at the same time using AI. With Google Lens, you can take a photo of the tomato plant in front of you and add \u201ccare instructions\u201d to quickly learn how to nurse the plant back to health. On YouTube, people are often searching for a specific moment in a video, and with the launch of auto-generated chapters, it\u2019s easier  to jump straight to the point they need.Delivering products  \n built to help", "start_char_idx": 0, "end_char_idx": 883, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "586a0ddd-8c18-4b81-9cd0-e20cf1005734": {"__data__": {"id_": "586a0ddd-8c18-4b81-9cd0-e20cf1005734", "embedding": null, "metadata": {"page_label": "7", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "521a1a8e-053d-4676-8453-689b4419db31", "node_type": null, "metadata": {"page_label": "7", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "1993a295b6b57bca38e7799968322185846ec8ede7018052a97ea13ce45c2687"}}, "hash": "e3ed0df3e11f82b750bb633b7368ddb69edea495ff735138ceaf5c383d75fc00", "text": "5\nYear in Review 2022\nMultisearch\nWith multisearch, people can now \nsearch with both images and text  \nat the same time in Google Lens.", "start_char_idx": 0, "end_char_idx": 135, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "11b8357a-b62f-4a0c-961f-b5f97e68f82f": {"__data__": {"id_": "11b8357a-b62f-4a0c-961f-b5f97e68f82f", "embedding": null, "metadata": {"page_label": "8", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "306908be-f639-4c40-96bd-481b1b9b6071", "node_type": null, "metadata": {"page_label": "8", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "e79425060d8762653754871983fd32cc45d57021b9b801637d5d6c9a4f1063ab"}}, "hash": "e79425060d8762653754871983fd32cc45d57021b9b801637d5d6c9a4f1063ab", "text": "6We are also expanding people\u2019s ability to access \ninformation in multiple languages whenever they  \nneed it. Drawing on speech recognition models,  \nwe\u2019ve made video transcriptions available for all Android and iOS users, and with auto-translated  \nvideo captions in 16 languages on mobile, it\u2019s easier for global audiences to access information. More people are using Google Translate than ever,  \nbut adding languages that are underrepresented online has historically been a challenge. With AI-powered machine learning advances, we developed a monolingual approach where the model learns to translate a new language without ever seeing a direct translation of it. As a result, we were able to add  \n24 new languages to Google Translate, including  \nEwe (spoken in West Africa) and Quechua (spoken in South America); collectively, those languages are spoken by more than 300 million people.Making information accessible and useful also  \nmeans ensuring it helps people during the pandemic. We delivered on our commitment to providing timely, accurate information with a number of new features across our products. Searches for \u201cat home COVID tests\u201d increased by 170% so we added new features to Search to help people quickly find at-home testing kits available in stores and nearby testing information provided by local health authorities. In our effort to amplify trusted information, we pledged an additional $150 million in donated Search ads to connect people with authoritative COVID-19 information as they searched, bringing our total in-kind commitment to more than $1 billion. In Japan, Brazil, and India we launched new health source information panels on YouTube to help viewers identify videos from authoritative sources and health content shelves.\nEnglish\nQuechua\nwhat's the weather\nlike today?\n\u00bflmaynataq kunan\npacha?\nAccess to  \nmore languages\nMachine learning advances enabled us to add 24 new \nlanguages to Google Translate, including languages that are underrepresented online like Quechua.\nAuto-translate\nAuto-translated captions on YouTube enable viewers to translate content into 16 different languages.", "start_char_idx": 0, "end_char_idx": 2125, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9419c830-891e-4646-b416-34a898e708eb": {"__data__": {"id_": "9419c830-891e-4646-b416-34a898e708eb", "embedding": null, "metadata": {"page_label": "9", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "5f08ffb7-62df-49dc-be20-a2812aff36ba", "node_type": null, "metadata": {"page_label": "9", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "db0fae11c43d85bac2ef0122040e41c39e526f265319bfaa74eb2321acd95a05"}}, "hash": "83215b6e32fb83da1afb28d7a950cc9d84694ff5466feaa22a353f8cd7ad5e75", "text": "7\nYear in Review 2022In Maps, it has always been our aim to offer the \nmost intuitive representations of information to help people navigate. With new updates, Maps feels more and more like the real world. The AI behind Maps keeps pace with how communities are changing, automatically updating things like business hours and speed limits. With immersive view, you can now see photorealistic multidimensional views of more than 250 global landmarks like Big Ben or the Acropolis.To help people plan their visit, weather, traffic,  \nand busyness information are layered on top,  \nand predictive modeling anticipates what the next day or week might be like. Thanks to a combination of AI and contributions from Maps users, the new neighborhood vibe feature shows an area\u2019s most popular spots with photos and helpful information  \nto give people a feel for where they might explore.\nImmersive view\nGoogle Maps now features immersive \nview, enabling users to explore 250 global \nlandmarks like the Acropolis in Athens, Greece, \nand Oracle Park in San Francisco through \nmultidimensional photorealistic views.\nMapping remote areas\nWe\u2019ve mapped around 1.6 billion buildings and over  \n60 million kilometers of roads in Google Maps, and  with advances in AI, we\u2019re able to map remote and rural areas.", "start_char_idx": 0, "end_char_idx": 1292, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0cddb59d-0a5f-43d6-89a4-04988adab9d2": {"__data__": {"id_": "0cddb59d-0a5f-43d6-89a4-04988adab9d2", "embedding": null, "metadata": {"page_label": "10", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4ec11fe8-a690-4225-9c2e-f25a45b1848e", "node_type": null, "metadata": {"page_label": "10", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "5b793e734398e66cde689758c43fa667c336ad5d732bbc3febeb83246ee13129"}}, "hash": "92571a2b83afdc669b2ee86f468f114f6acb0ad47a01253594b4ca9c06659604", "text": "8AI-generated  \nsummaries\nAutomated summaries generated  \nby AI help users quickly grasp the  \nmain points of documents in Docs.\nJust as we want to help people navigate the physical \nworld, we also want to connect them virtually.  \nAs offices reopened and organizations adapted to the hybrid workplace, Workspace helped to boost collaboration and productivity. Using AI, we built a machine learning model for text summarization in Google Docs. With automated summaries distilling the content, people can quickly gather the main points, a significant step for our natural language processing capabilities in Docs. With image processing powered by machine learning,  \nMeet now automatically improves image quality  \nso we can see one another as vividly as possible.", "start_char_idx": 0, "end_char_idx": 763, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "abbd2b8a-8efe-4432-9f92-78b1ccea1895": {"__data__": {"id_": "abbd2b8a-8efe-4432-9f92-78b1ccea1895", "embedding": null, "metadata": {"page_label": "11", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "1d5158f0-67bd-481d-bc7b-710264ea3244", "node_type": null, "metadata": {"page_label": "11", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "9a9dc92fe1aa7a5ba80c440b713e69c1d7584633d0bbf94cf922d0efb40209ce"}}, "hash": "9a9dc92fe1aa7a5ba80c440b713e69c1d7584633d0bbf94cf922d0efb40209ce", "text": "9\nYear in Review 2022\nTrue helpfulness requires technologies that work \nseamlessly together. We released a family of Pixel devices to deliver a personal, intelligent, cohesive experience like never before. We unveiled our first smartwatch, the Google Pixel Watch, and launched the Pixel 7 and Pixel 7 Pro phones, powered by our custom Tensor G2 processor. We also unveiled the Pixel Buds Pro, our premium earbuds that deliver truly immersive sound. Together, these devices  \nadapt to your needs to deliver helpfulness each day.  \nWith a full lineup of Fitbit trackers and smartwatches tailored to different health and fitness needs, we released new ways to empower people to stay on top of their wellness.Google Pixel Watch\nThe Google Pixel Watch \u2013 our first watch built inside and out \u2013 combines helpfulness and convenience and works seamlessly with the Pixel family of devices.", "start_char_idx": 0, "end_char_idx": 879, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e474051b-3938-42d3-a8dd-1e621f5f11d2": {"__data__": {"id_": "e474051b-3938-42d3-a8dd-1e621f5f11d2", "embedding": null, "metadata": {"page_label": "12", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "02cd64e5-9227-48fd-bc37-222e94364eae", "node_type": null, "metadata": {"page_label": "12", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "07ce976cce0d4f0f3fccb6fcf988675409e6067dae57f28b58d64a86875d7702"}}, "hash": "07ce976cce0d4f0f3fccb6fcf988675409e6067dae57f28b58d64a86875d7702", "text": "10Language models and \ntranslation are areas where \nGoogle has seen enormous \npotential for AI. When \nimplemented through \naugmented reality to  \nbreak down communication \nbarriers and make language \nvisible (illustrated here \nusing Google Translate on \nprototype glasses), they \ncan have a dramatic impact on daily life.", "start_char_idx": 0, "end_char_idx": 321, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d20e0e02-a7c8-46d9-b8ef-f398640e1bb7": {"__data__": {"id_": "d20e0e02-a7c8-46d9-b8ef-f398640e1bb7", "embedding": null, "metadata": {"page_label": "13", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b39e9b4f-27ca-42b3-bea4-24407808f5ea", "node_type": null, "metadata": {"page_label": "13", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "81242f7b6eec2ca04e473f2d569fca24573d6c9999e530f9eb12e1db39fc7fb9"}}, "hash": "81242f7b6eec2ca04e473f2d569fca24573d6c9999e530f9eb12e1db39fc7fb9", "text": "11\nYear in Review 2022\u201cI have to talk with lots  \nof people who only \nspeak English. This  \nis like magic to me.\u201d\n\u2013 Guillermo, research participant\nThis device has not been \nauthorized as required by the rules of the Federal Communications Commission.  \nThis device is not, and may not be, offered for sale or lease, or sold or leased, until authorization is obtained.", "start_char_idx": 0, "end_char_idx": 368, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "439d9a37-df03-48f3-b142-15108d3bb740": {"__data__": {"id_": "439d9a37-df03-48f3-b142-15108d3bb740", "embedding": null, "metadata": {"page_label": "14", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "03c2605c-686f-4f7d-9a3e-11609f3e78ef", "node_type": null, "metadata": {"page_label": "14", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "50f406db6d83dd679e885d0be114b416e239822f88b9ccda97ab0b1b663fdcfe"}}, "hash": "50f406db6d83dd679e885d0be114b416e239822f88b9ccda97ab0b1b663fdcfe", "text": "12With a security infrastructure built into our products, \nwe work to keep people safe at scale and help them feel confident as they navigate their digital world. In 2022, we shared a new account safety status feature across our apps to flag action that needs to be taken to further secure Google Accounts; continued our work toward a passwordless future with passkey,  \na new credential to unlock your account; and made updates to resources like virtual cards and SafeSearch to protect payment information and help filter explicit content for families.Google has always provided a secure cloud infrastructure, with more than 6 million websites protected from fraud and bots by our cybersecurity technology. We strengthened our leadership in this area with the acquisition of Mandiant, adding industry-leading threat intelligence and incident response capabilities. In 2022, Mandiant helped  \nmore than 1,800 customers prepare for or recover from critical cybersecurity incidents.Building trust by  \n building a safer digital world", "start_char_idx": 0, "end_char_idx": 1031, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a87c8b20-9c9b-4e11-a72d-259c51c848ac": {"__data__": {"id_": "a87c8b20-9c9b-4e11-a72d-259c51c848ac", "embedding": null, "metadata": {"page_label": "15", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3391c1b0-e488-44c4-ab47-e9c78bf1c97f", "node_type": null, "metadata": {"page_label": "15", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "c302159a9da45091a57e51842b9b4a1a57d25bcdaeb96b31033488457cc7ef8e"}}, "hash": "c302159a9da45091a57e51842b9b4a1a57d25bcdaeb96b31033488457cc7ef8e", "text": "13\nYear in Review 2022\nMy Ad Center\nUsers\u2019 data are theirs to control, and in My Ad Center, \nthey can learn more about the information used to serve them ads; with \u201cCustomize Ads,\u201d they can choose the topics and brands they want to see more or less of.\nProtecting privacy is essential to online safety, and we\u2019ve open-sourced privacy-preserving technologies that we pioneered, including federated learning and differential privacy, to make them accessible to developers everywhere. Building upon that work, we introduced Protected Computing, a growing toolkit of technologies that transform how, when, and where data are processed to ensure the privacy and safety of your data by minimizing your data footprint, de-identifying data, and restricting access to sensitive data.Online safety also includes having control over personal information. We\u2019ve updated our removal policies and introduced a new tool to make it easier to request the removal of Google Search results, including your contact details such as phone number, home address, and email addresses. We also launched My Ad Center to give users more control over the types of ads they see on YouTube, Search, and their Discover feed.", "start_char_idx": 0, "end_char_idx": 1192, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "129eef69-16fe-45ba-855c-8cb4558bf9f5": {"__data__": {"id_": "129eef69-16fe-45ba-855c-8cb4558bf9f5", "embedding": null, "metadata": {"page_label": "16", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "deef860f-2bae-4868-a886-d8667922d01c", "node_type": null, "metadata": {"page_label": "16", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "ed7b07df3767f66b02416dfefe79ca9fc17d126db6287cd2e4c843583eef05cc"}}, "hash": "6cbadc6a73ebe5b6c8aec08c9c011bcc117fa41a8f50d78b4678ff9ad78f7abd", "text": "142022 was another year of critical elections happening \nworldwide. Helping voters everywhere find election information and protecting the accounts of campaigns and election officials was paramount. In the U.S., we launched a new feature to help readers discover local and regional news from different states so they could better understand election coverage of the races they most care about. Through our Campaign Security Project and partnership with Defending Digital Campaigns, we teamed up with organizations across the political spectrum to train more than 5,500 campaign and election officials in the U.S. on security best practices, including products and tools they can use to stay safe online. Globally, we worked with organizations like the International Foundation for Electoral Systems (IFES) to help enhance the security of campaigns and affiliated high-risk users. We also made significant investments in enhancing transparency around election advertising, including a new user interface for our Political Ads Transparency report, enabling a more granular breakdown of advertising data.\nElection information  \n in Search\nTo help voters easily access useful, relevant, and \naccurate information in the run-up to elections, \nfeatures in Search shared data from nonpartisan \norganizations and essential information on topics  \nlike voter registration and how to vote.", "start_char_idx": 0, "end_char_idx": 1379, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "66f05c4a-cede-4593-9443-5ba29e5c9181": {"__data__": {"id_": "66f05c4a-cede-4593-9443-5ba29e5c9181", "embedding": null, "metadata": {"page_label": "17", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "cad99992-271f-49cf-b2c9-1d62f2557864", "node_type": null, "metadata": {"page_label": "17", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "76834a25a33aa2e0a9ccac12ae548418057a6659372cd642ae8669ebffa906f2"}}, "hash": "76834a25a33aa2e0a9ccac12ae548418057a6659372cd642ae8669ebffa906f2", "text": "15\nYear in Review 2022Supporting Ukraine\nVice Prime Minister of Ukraine Mykhailo Fedorov \nvisited the Google offices in Washington, D.C.,  \nto discuss the challenges his country is facing  \nand ways to extend Google\u2019s help, including  \nfighting misinformation.\nFighting misinformation is core to our mission, and \nit became especially important among our efforts to support Ukraine. People in affected areas turned to Search to find the latest news and information on where to find shelter and aid, so we donated Search advertising for humanitarian relief. To help ensure reliable access to trustworthy information, we introduced new features, including information \nAnticipating risks\nThe \u201cHacking Google\u201d series on YouTube provides  \na behind-the-scenes perspective on our hacking \nteams like the Threat Analysis Group, which keeps \nmore people safe online than any other organization \nin the world.\npanels in local languages and transparency labels  \nfor publisher content on YouTube to provide additional context for the information people encountered. As disinformation and misinformation about Ukraine spread, we pledged more than  \n$10 million to support partnerships with think  \ntanks and civil society organizations to conduct region-specific research and cash grants for  \nfact-checking networks and nonprofits.", "start_char_idx": 0, "end_char_idx": 1322, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6bbbdeb6-8585-464d-b590-43837a445571": {"__data__": {"id_": "6bbbdeb6-8585-464d-b590-43837a445571", "embedding": null, "metadata": {"page_label": "18", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2af0d11e-1392-4960-b4fa-f25857ba2066", "node_type": null, "metadata": {"page_label": "18", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "045eb223b32a2b9df6a34cc07c3752cd9296ced0870213cf86598afe574bae17"}}, "hash": "045eb223b32a2b9df6a34cc07c3752cd9296ced0870213cf86598afe574bae17", "text": "16Our growth and success are made possible only when \nwe can help our partners succeed. Between 2019 and 2022, we contributed more than $200 billion to key ecosystems, including Google Play developers, online publishers, YouTube creators, artists, and media organizations. We continued to empower our customers and partners by delivering the technology and support they needed to navigate a rapidly changing landscape with confidence.\nAcross our platforms, people are shopping more than \na billion times a day. Whether they are planning to shop online or in store, we\u2019re investing in making the experience as easy, helpful, and engaging as possible. Shoppers searching for anything from apparel to home goods to electronics will experience a more visual content stream, allowing them to discover, browse, compare, and research the best product for them. What\u2019s more, if they\u2019re shopping for sneakers, beauty products, or home furnishings, shoppers can now \u201ctry before you buy\u201d right in Google Search with AR tools that let you experience products in a more lifelike way. It was also crucial for us to help businesses reach shoppers at the right moments,  \nand with Performance Max, our AI-powered, goal-based campaign type, Local and Smart Shopping campaigns were optimized to help businesses reach new and existing customers wherever they were in their journey with relevant, useful content.Helping our  \ncustomers and partners evolve and grow\nOur AI breakthroughs enabled a number of \nimprovements to make our Ads work harder for businesses. For instance, with Smart Bidding we  use AI to predict future ad conversions and their  \nvalue, helping businesses anticipate and quickly respond to rapid shifts in demand. Additionally, our large language models like MUM have enabled us  \nto increase understanding of intent behind language, leading to more precise search-query matching with advertiser offers. As a result, when businesses use Smart Bidding and upgrade exact match keywords  \nto broad match in campaigns that use a target CPA,  \nthey can see an average of 35% more conversions.\nYouTube Shorts has quickly become a vibrant \nexperience \u2013 particularly among Gen Z creators  \nand viewers \u2013 reaching 1.5 billion users each month and 30 billion daily views in 2022. Ads launched on Shorts with Video Action, App, and Performance Max campaigns available, creating new opportunities for advertisers to reach their audiences. We also announced the extension of the YouTube Partner Program to bring revenue sharing to Shorts, making YouTube the only ecosystem where creators can monetize their content across short, long, and live formats at scale. Our aim is to provide creators with the best content creation and analytics tools, making it easier for them to expand their earning potential.", "start_char_idx": 0, "end_char_idx": 2795, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ab18cb70-a59d-4868-8dbd-d8c5ccdfd52b": {"__data__": {"id_": "ab18cb70-a59d-4868-8dbd-d8c5ccdfd52b", "embedding": null, "metadata": {"page_label": "19", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ab7f27ad-dcd8-4eca-91fa-662641649608", "node_type": null, "metadata": {"page_label": "19", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "37e8aa42f48105f1ee251ba9c4de4769a40bc37ae2f15c285fef8b23051eb5f8"}}, "hash": "0eb891e1f29724db7f696a6c41cd6138bf2c7e70e2090fb1ff3cc622a2ecb215", "text": "17\nYear in Review 2022Google Cloud helps us share our innovations with \ncompanies, governments, and organizations around the world. Through Google Workspace, we delivered more than 300 new capabilities to support hybrid and front-line work, including AI-powered features  to automate transcriptions and extend the power  of smart canvas. We are proud that more than  \n9 million businesses and organizations worldwide  rely on Google Workspace for communication  \nand collaboration.\nBeyond Workspace, customers like Ford and Rite \nAid turn to Google Cloud because we offer a single platform that can analyze data across any cloud, and our reliable, open infrastructure creates a valuable pathway to reduce IT costs and accelerate digital transformation. In 2022, we also deepened and expanded relationships with existing customers, like Kraft Heinz, Deutsche Bank, and Sony\u2019s Crunchyroll, helping bring together the best across Google to build solutions tailored to their industries. For example, Renault Group partnered with Google, harnessing Google Cloud and Android products, to accelerate its end-to-end digital transformation, from the design of the car to its production and market launch.2022 marked the 10th anniversary of Google Play, which has grown to be a flourishing app ecosystem attracting 2.5 billion people each month, thanks to the creativity and partnership from developers. To support developers, we launched several new features like custom store listings, a new way to reach a specific segment of people with messaging relevant to them, so they can expand their businesses more effectively and efficiently.\nSupporting a sustainable, diverse, and innovative  \nnews ecosystem is critical to our mission. Communities  \naround the world rely on local news to thrive and stay \nconnected. More than 90% of the publications that are part of the Google News Showcase, our curated online news experience and licensing program, represent local, community, and regional news.  \nWe\u2019ve also made improvements to our products to give their content even greater visibility. Now News Showcase publishers can pick the most important stories from their area for panels that will appear in the  \nlocal section of Google News, immediately connecting readers with the latest news from their community.\nYouTube Shorts\nYouTube Creator Liaison Rene Ritchie shared the news \nthat YouTube Partner Program profit sharing had come to Shorts, giving creators a new revenue stream. Try it on with AR\nUsing AR, anyone can now virtually try makeup products and find their perfect match right from  \nthe Google app.", "start_char_idx": 0, "end_char_idx": 2604, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f1fb2b50-af77-4494-8ffb-6fc7f238614c": {"__data__": {"id_": "f1fb2b50-af77-4494-8ffb-6fc7f238614c", "embedding": null, "metadata": {"page_label": "20", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "cb9b6936-4b4f-4fad-a6d4-6102c9a08c3f", "node_type": null, "metadata": {"page_label": "20", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "c81e97f8b5bf7bd3d40db321742987a3ad023cbf7378d2245539e170ef1e5ef0"}}, "hash": "c81e97f8b5bf7bd3d40db321742987a3ad023cbf7378d2245539e170ef1e5ef0", "text": "18\u201cThe most incredible thing is how \nGoogle Play helped us to spread \nthe game. So many people all over \nthe world now know \u00c1RIDA, and \nwe are really grateful for that.\u201d\nThrough gaming, Filipe Pereira saw the potential to share Brazil\u2019s heritage \nwith the world. He and his business partner built Aoca Game Lab, which \nlaunched their first title on mobile, \u00c1RIDA: Backland\u2019s Awakening, a survival \ngame following the adventures of a young girl in the historic town of \nCanudos, Brazil. A recipient of Google Play\u2019s Indie Games Fund, Filipe  \ngot the resources to take the game and his studio to the next level.", "start_char_idx": 0, "end_char_idx": 610, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5d5732b1-bdc1-4dfe-b125-048cec298dbc": {"__data__": {"id_": "5d5732b1-bdc1-4dfe-b125-048cec298dbc", "embedding": null, "metadata": {"page_label": "21", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e4a57a76-a2f6-475b-b8e9-8570750b8c85", "node_type": null, "metadata": {"page_label": "21", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "4c6417f799cb8645bf2069f1c1896cb2ecba1860c4902a4479999eea6acdffc2"}}, "hash": "4c6417f799cb8645bf2069f1c1896cb2ecba1860c4902a4479999eea6acdffc2", "text": "19\nYear in Review 2022Our commitments\nThrough our products, partnerships, and \ninvestments we aim to bring essential help  \nto people, businesses, and communities.  \nWe acted on that ambition by focusing on \nareas where help is needed most: supporting \neconomic resilience, advancing equity and \ninclusion, and taking on the climate crisis.", "start_char_idx": 0, "end_char_idx": 340, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "914b3d44-e667-4f22-aca5-f742f44f75f0": {"__data__": {"id_": "914b3d44-e667-4f22-aca5-f742f44f75f0", "embedding": null, "metadata": {"page_label": "22", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "38ec6cff-f199-498c-b94b-70a8c11515aa", "node_type": null, "metadata": {"page_label": "22", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "78931ecd7ce49e130f75f2be3c937ddde2199ffa2734ab8ec178849a1669052c"}}, "hash": "78931ecd7ce49e130f75f2be3c937ddde2199ffa2734ab8ec178849a1669052c", "text": "20Economic uncertainty in 2022 brought significant tests \nfor job seekers, businesses, and communities, and we sought to provide the support and opportunities to clear the path ahead. Small businesses continued to be disproportionately impacted by the ongoing upheaval, having to adapt to substantial shifts and the new challenges that came with a return to in-person experiences. In the U.K., 60% of small- and medium-sized enterprise (SME) owners believe they are operating in a post-pandemic \u201cnew normal,\u201d with customer and employee expectations dramatically altered, and 63% say that digital skills and tools are now more important than they were pre-pandemic. Through the Google Digital Garage, those small businesses can access training in essential online skills, and we expanded the program to include in-person training on topics like \u201cDigital Marketing Strategy\u201d and \u201cCoding\u201d as well as one-to-one mentoring with digital experts.\nFor job seekers, finding opportunities often meant \nexpanding their skill set to keep pace with the demands of a shifting job market. In the U.S., nearly two-thirds of workers do not have a four-year college degree, which means about 70 million Americans are locked out of high-growth, high-earning career paths1. The Career Certificates program provides \ntraining for careers like data analytics, digital marketing and e-commerce, IT support, project Supporting economic \nresilience for people, communities, and businesses\n1. \u201cEducational Attainment in the United States: 2021,\u201d  \nCensus Bureau, February 2022.", "start_char_idx": 0, "end_char_idx": 1551, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4ccaf3cf-4f6d-4a6d-88a9-8d59dce188d0": {"__data__": {"id_": "4ccaf3cf-4f6d-4a6d-88a9-8d59dce188d0", "embedding": null, "metadata": {"page_label": "23", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "1ffac8cb-c15b-4664-bc82-dda10bc674a3", "node_type": null, "metadata": {"page_label": "23", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "4c9713eb11c056bb8aa16a628b9435b4c9a2984d681c9b20bc621dc7b0972bf5"}}, "hash": "4c9713eb11c056bb8aa16a628b9435b4c9a2984d681c9b20bc621dc7b0972bf5", "text": "21\nYear in Review 2022\nExpanding CS education\nAlphabet and Google CEO Sundar Pichai met with \nIan Bundy-Weiss, an alum of The Hidden Genius Project, a nonprofit that provides Black male youth with technology, entrepreneurship, and leadership training. The organization is one of the recipients of support from Google\u2019s $20 million commitment to expand access to computer science education.Empowering  \nsmall businesses \nU.K. Prime Minister Rishi Sunak (then chancellor)  \njoined Google in Ipswich, England, to launch the next \nphase of our in-person Google Digital Garage skills training, along with new support via Google Career Certificates to help small businesses.\nmanagement, and user experience design. In the U.S., more than 150,000 people have now completed these certificates, and 75% of them report a positive career impact within six months, such as a raise or new job. But expanding access to the program where it\u2019s needed most is still an urgent priority. To that end, we announced a $100 million Google Career Certificates Fund to support Social Finance, a national impact finance and advisory nonprofit helping more than 20,000 workers in the U.S. take a certificate with wraparound career support \u2013 with the potential to result in $1 billion in aggregate wage gains. To help prepare people for their future careers early on, we also announced a $20 million commitment to expand computer science education access to more than  \n11 million students across the U.S.As a global company endeavoring to provide access to information and technology for each and every person, supporting the digital transformation  \nof developing economies is an essential priority. Delivering on our $1 billion investment in Africa\u2019s digital transformation, we helped job seekers and entrepreneurs access more opportunity through Development Scholarships, Career Certifications,  \nand digital training for small businesses. In Latin America, we announced a five-year, $1.2 billion commitment to the region focused on building digital infrastructure, digital skills, entrepreneurship, and inclusive, sustainable communities to help accelerate their digital transformation.", "start_char_idx": 0, "end_char_idx": 2164, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b221e1f4-6410-4284-aa7e-4cae2369c33c": {"__data__": {"id_": "b221e1f4-6410-4284-aa7e-4cae2369c33c", "embedding": null, "metadata": {"page_label": "24", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ebaf9942-9e7e-43fd-8607-57b55b9f2e55", "node_type": null, "metadata": {"page_label": "24", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "6011a007d4bc614de87b2bb5f85e950db5cf3bfcdc8cf804c356ef2292910460"}}, "hash": "6011a007d4bc614de87b2bb5f85e950db5cf3bfcdc8cf804c356ef2292910460", "text": "22\u201cLast year, I graduated with the \nGoogle IT Support Certificate. \nBefore that, I was self-\nemployed for about 13 years, \nand I\u2019d never really done any \ninterviews. It\u2019s a very anxious \nfeeling \u2026 you\u2019re learning to \nanswer these questions in a \nmuch more professional way. \nBig confidence boost.\u201d\nInterview Warmup is a tool we launched that makes it easier to \npractice for an interview and grow comfortable with the interview \nprocess. Answers to practice questions are transcribed in real  \ntime alongside insights (patterns detected by machine learning)  \nto help job seekers prepare, such as job-related terms they use,  \nthe words they say most often, and the different talking points they \ncover. Interview Warmup helped Le\u2019Mont Calhoun, a Google Career \nCertificates graduate, prepare with confidence and ultimately land  \na new job.", "start_char_idx": 0, "end_char_idx": 841, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "8bba7fa5-32d4-4bf2-b2be-faef6a7a5a94": {"__data__": {"id_": "8bba7fa5-32d4-4bf2-b2be-faef6a7a5a94", "embedding": null, "metadata": {"page_label": "25", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "5ab6dd71-8cc8-4c5a-a30f-419aa8c4d49e", "node_type": null, "metadata": {"page_label": "25", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "cdd0dad82d74c58c6829c368804ea72d7fea292b90c9731e68fc4328efcccdd4"}}, "hash": "cdd0dad82d74c58c6829c368804ea72d7fea292b90c9731e68fc4328efcccdd4", "text": "23\nYear in Review 2022", "start_char_idx": 0, "end_char_idx": 22, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "8e24dc03-0e0e-4845-9b66-8daceb74ec0e": {"__data__": {"id_": "8e24dc03-0e0e-4845-9b66-8daceb74ec0e", "embedding": null, "metadata": {"page_label": "26", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "36d52a37-b503-4825-acc8-d0677d4d2f34", "node_type": null, "metadata": {"page_label": "26", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "36d5273cf3c60df7f504b7ea60f356b687b41a92b123045381535d3794a8cd6c"}}, "hash": "36d5273cf3c60df7f504b7ea60f356b687b41a92b123045381535d3794a8cd6c", "text": "24One of our central tenets is to build belonging for \neveryone at work, in our products, and in society.  \nOur ability to do that starts with building a fair, inclusive, and representative workplace. In May, we released updates on our progress in our 2022 Diversity Annual Report (DAR), reflecting 2021 gains. The report showed our best hiring year for women globally, as well as our largest gains in representation of Black+ and Latinx+ Googlers in the U.S. Still,  \nour work to build a workforce that is a reflection  \nof society\u2019s diversity is far from done.Advancing equity \nand inclusion\nSupporting  \none another\nFei Zou, software engineer, co-leads \nthe Disability Alliance internal resource group in China. Together, they have created a space to help address challenges Googlers with disabilities face and build allyship.\nWe want to help build an economy that works  \nfor everyone. As a result, we set a 2022 goal to grow our Supplier Diversity impact by spending $2.5 billion with diverse suppliers, while expanding the program to include suppliers from historically underrepresented groups around the world;  \nwe exceeded our goal by spending $2.8 billion.  \nWe also deepened our partnerships with nonprofit  \nand community organizations to further expand access to educational and career opportunity, including a $5 million Google.org grant to Spelman College\u2019s Center of Excellence for Minority Women in STEM to help build the first database on the experiences of women from historically underrepresented groups in STEM.", "start_char_idx": 0, "end_char_idx": 1532, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "97dd37cd-b492-48ff-9113-6b9726660ad0": {"__data__": {"id_": "97dd37cd-b492-48ff-9113-6b9726660ad0", "embedding": null, "metadata": {"page_label": "27", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "24539908-8bf6-4c32-9e4c-5bc6c322a7f5", "node_type": null, "metadata": {"page_label": "27", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "1a28bdf91e099d17a01ffc59f87a7e3442518dec165f0c7e4cf1caedccd2a93e"}}, "hash": "1a28bdf91e099d17a01ffc59f87a7e3442518dec165f0c7e4cf1caedccd2a93e", "text": "25\nYear in Review 2022We also continued to bring improvements to our \nproducts to help them work better for everyone. For people with disabilities, speech recognition is an increasingly important dimension of how people interact with technology, and in 2022, we joined the Speech Accessibility Project, a collaboration between researchers at the University of Illinois Urbana-Champaign and five technology companies. The university is working with advocacy groups, like Team Gleason and the Davis Phinney Foundation, to create data sets of impaired speech that can help accelerate improvements to automated speech recognition (ASR), a key step toward supporting more than  \n1.5 billion people who are hearing impaired worldwide.\nEach year we seek ways to make sure our products represent our world. In 2021, we launched Real Tone for Pixel \u2013 technology to capture and create more accurate images of people of color \u2013 and in 2022,  \nwe built on that work by adopting the Monk Skin  \nTone Scale. This tool, created by Harvard professor  \nDr. Ellis Monk, offers a broader spectrum of skin tones to inform the technology development process. Beyond Pixel, we started using it to achieve more equitable representation in Search, Google Photos, and more.\nMonk Scale\nThe Monk Skin Tone Scale offers a broader range of skin tone shades than is typically used in technology development, helping us build products that better reflect the spectrum of skin tones we see in the world.", "start_char_idx": 0, "end_char_idx": 1471, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "8c37bd30-e44a-41bf-b56e-6e65bfc88474": {"__data__": {"id_": "8c37bd30-e44a-41bf-b56e-6e65bfc88474", "embedding": null, "metadata": {"page_label": "28", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0dd7816d-8a84-43af-b962-edbe4c314e8c", "node_type": null, "metadata": {"page_label": "28", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "ed497e91b38bc94cc6dab5ae37fb19087bd603d6a0c8aad48def9b53b87321d1"}}, "hash": "ed497e91b38bc94cc6dab5ae37fb19087bd603d6a0c8aad48def9b53b87321d1", "text": "26\nNBA HBCU  \nFellowship Program\nWith support from Google, the NBA \nFoundation\u2019s NBA HBCU Fellowship Program \nprovides career development opportunities \nin basketball for students at Historically Black \nColleges and Universities like Aniya Mahaffey,  \na student at North Carolina Central University.\nMedicare/Medicaid \nSearch filters\nTo help Medicare and Medicaid participants easily \naccess information most relevant to them, Search \nfilters can show them nearby health care providers \nthat accept Medicare and Medicaid.", "start_char_idx": 0, "end_char_idx": 521, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "280c3edd-5f97-486f-85e5-9d750e901edc": {"__data__": {"id_": "280c3edd-5f97-486f-85e5-9d750e901edc", "embedding": null, "metadata": {"page_label": "29", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c9e10d62-eee6-40d3-a9f9-f397d5f665f8", "node_type": null, "metadata": {"page_label": "29", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "61d1da16ad4a52b35783212e39a79a5cbd2ee5cc2f9ed7484861bd7950f47d82"}}, "hash": "61d1da16ad4a52b35783212e39a79a5cbd2ee5cc2f9ed7484861bd7950f47d82", "text": "27\nYear in Review 2022\u201cEvery voice we add enriches it.  \nAnd every voice we lose diminishes it.\u201d\nLaurence Moroney is a developer advocate at Google focusing on artificial \nintelligence (AI) and machine learning (ML). He focuses on inviting and introducing \nmore people to roles in the AI and ML fields through coursework, workshops, and \nboot camps that help developers gain job skills. He says, \u201cA cynical person might \nsay businesses just want to check off diversity boxes, but for us, it\u2019s not a box  \nto check. It\u2019s a huge opportunity for what we\u2019re creating to be so much better.\u201d", "start_char_idx": 0, "end_char_idx": 585, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "455a4513-77c4-4a1f-97a0-1a6eee9060d6": {"__data__": {"id_": "455a4513-77c4-4a1f-97a0-1a6eee9060d6", "embedding": null, "metadata": {"page_label": "30", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "939cff89-2e19-4528-9913-e65642d2d25c", "node_type": null, "metadata": {"page_label": "30", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "156cf921fbf015f6ff0d8fbaba20269229c25e704f224e33f4c5c353a5ec72ed"}}, "hash": "156cf921fbf015f6ff0d8fbaba20269229c25e704f224e33f4c5c353a5ec72ed", "text": "28The climate crisis remains humanity\u2019s greatest \ncollective challenge, and we build sustainability  \ninto our operations, products, partnerships,  \nand investments. Our goal to operate our data  \ncenter and office campuses on 24/7 carbon-free energy by 2030 remains one of our greatest ambitions, and we have made significant progress \u2013  \nthis is part of our broader goal to achieve net zero emissions across our operations and value chain, including consumer hardware products, by 2030.\nTo expand access to clean energy, we supported \nclean energy projects, including new solar and wind projects in the U.S., U.K., Denmark, Spain, Finland, and Chile. To ensure we\u2019re optimizing our operations, we use AI technology to shift flexible compute tasks at our data centers across time and space to better align with lower-carbon hours on the grid, using our carbon-intelligent computing platform. We advanced the development of time-based energy attribute certificates (T-EACs), a tool to enable clean energy production, consumption, and trading to be tracked on an hourly basis.We also unveiled a number of new features across our products to help people make environmentally conscious choices each day. For enterprise customers, Google Cloud launched a pilot program to help customers transition to clean energy by building  \na clear picture of their electricity emissions profile using AI-generated historical and real-time insights. In Maps, we expanded cycling navigation guidance with new information to easily compare bike routes and get granular details about the route (where data are available) to prepare for the ride ahead. People can now also find sustainable hotel options with the \u201ceco-certified\u201d filter, with each hotel offering details on their practices like waste reduction or sustainable sourcing, and they can compare flight emissions for similar trips in Google Flights. Anticipating environmental risks is a critical challenge; we globally launched FloodHub, an AI-powered platform that displays flood forecasts and shows when and where floods may occur to help organizations prepare.\nTo help maximize the life of our hardware and reduce \ne-waste, we made it simpler for anyone to repair, return, or recycle their Pixel phone. People in the U.S., U.K., Canada, Australia, and EU countries where Pixel is available can now find spare parts for many of our older Pixel models through Pixel 7 Pro and future Pixel models on ifixit.com. With our recycling program, people can mail in their old or unused devices,  \nand we\u2019ll responsibly recycle them. Taking on the  \n climate crisis", "start_char_idx": 0, "end_char_idx": 2597, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ca144630-662b-4764-ba22-3b2b216af538": {"__data__": {"id_": "ca144630-662b-4764-ba22-3b2b216af538", "embedding": null, "metadata": {"page_label": "31", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "29b5623b-6adf-4a64-9ec6-966e7af1479a", "node_type": null, "metadata": {"page_label": "31", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "9ce81e0259267841df5c6522c5930838d7bed220c4a5a7468ac09d38b4d0b549"}}, "hash": "9ce81e0259267841df5c6522c5930838d7bed220c4a5a7468ac09d38b4d0b549", "text": "29\nYear in Review 2022\nLocal ecology\nGoogle\u2019s real estate and ecology teams collaborate \nto bring nature back into the built environment on our campuses. Here, two members of the ecology team walk along a path between native plants in the South Bay campus.\nSustainable startups\nThe Startups for Sustainable Development program provides long-term support for new ventures like Earthly, a startup with a mission to help businesses remove at least one billion tons of carbon by 2030.\nCleaner performance\nAs part of Google\u2019s progress toward operating  \n24/7 on carbon-free energy, we have developed  \nnew cooling solutions, including a low-water alternative that can reduce a data center\u2019s water  \nuse by as much as 50% while preserving efficiency.Our Startups for Sustainable Development program has broadened its reach.\n400  \nstartups  \nsupported\n70   \ncountries\n150   \npartner  organizations networked", "start_char_idx": 0, "end_char_idx": 900, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7dc7d5ba-ddd7-40d7-8348-76756cb94ddd": {"__data__": {"id_": "7dc7d5ba-ddd7-40d7-8348-76756cb94ddd", "embedding": null, "metadata": {"page_label": "32", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "a0b032fa-b5ae-40db-81a0-29a89f7c05d4", "node_type": null, "metadata": {"page_label": "32", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "dbe7f13949a468badb67d3fab6ec6f9c0fd3426f77f34484c91871a72dae9038"}}, "hash": "dbe7f13949a468badb67d3fab6ec6f9c0fd3426f77f34484c91871a72dae9038", "text": "30\u201cWe just don\u2019t have \nthe same climate we \nused to. Technology \nallows us to continue \nto push forward so the \nvineyards will outlast us.\u201d\n\u2013 Riggs Lokka, Emeritus Vineyards\nAdam Koeppel and Tyler Locke co-founded Agrology \nto help farmers adapt to changing climates. Using \nGoogle Cloud with TensorFlow, public benefit \ncorporation Agrology runs machine learning models \non sensor data to provide predictive insights for growers like multigeneration Emeritus Vineyards.", "start_char_idx": 0, "end_char_idx": 470, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d63bdc46-9210-41d9-8346-e84120f75c87": {"__data__": {"id_": "d63bdc46-9210-41d9-8346-e84120f75c87", "embedding": null, "metadata": {"page_label": "33", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "6fb3ad1c-8d79-4cf3-a90f-0c1dbc94c9a8", "node_type": null, "metadata": {"page_label": "33", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "ed99edc9ebc164ef618bbb6eb467b3c2fff88b8b0bf4da396e32515fa14d0c67"}}, "hash": "21c65e84fb78519e0d4e131c28dd977b4930ed3fa5d79bec9db0723caef83e71", "text": "31\nYear in Review 2022Wing\nSetting the foundation for scalable drone delivery, \nWing expanded operations across three continents \u2013 launching the first commercial drone delivery service in a major U.S. metro region in the Dallas/Fort Worth area with Walgreens \u2013 and brought on new partners, including DoorDash and Coles.\nWaymo\nIn 2022, Waymo continued to expand its rider-only service, driving fully autonomously across all of San Francisco and beginning to open up its fully autonomous service in San Francisco to public riders. Waymo also expanded its public service into downtown Phoenix and introduced the first autonomous airport service in the world at Phoenix Sky Harbor. In Los Angeles, Waymo began testing  \nand will serve riders there in the future as the company\u2019s third ride-hailing city.Across our Other Bets, we made ambitious strides in using technology to take on today\u2019s greatest challenges and opportunities.Other \n Bets\nCalico\nIn collaboration with AbbVie, Calico began testing an investigational drug treatment in patients with amyotrophic lateral sclerosis (ALS). Together, Calico and AbbVie are working to discover and develop potential new therapies for patients with age-related diseases, including neurodegenerative disorders.\nDeepMind\nAlphaFold, DeepMind\u2019s AI system to predict the 3D structure of a protein just from its 1D amino acid sequence, reached a significant milestone. In partnership with the European Bioinformatics Institute, DeepMind released predicted structures for nearly all proteins known to science through the AlphaFold Protein Structure Database, advancing  the world\u2019s understanding of biology.", "start_char_idx": 0, "end_char_idx": 1641, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5eb767fb-c8f1-40a6-82f1-0ed44337167e": {"__data__": {"id_": "5eb767fb-c8f1-40a6-82f1-0ed44337167e", "embedding": null, "metadata": {"page_label": "34", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3891cd6e-0244-4b82-9688-ebfb115abc42", "node_type": null, "metadata": {"page_label": "34", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "ea40b0187c9e13f5bf2d9039036c34010cf5d28712d05578f7f2e8627dbc9088"}}, "hash": "ea40b0187c9e13f5bf2d9039036c34010cf5d28712d05578f7f2e8627dbc9088", "text": "322022 was a year that affirmed that helpful \ntechnology and access to knowledge can  \nmake a meaningful difference in people\u2019s lives. We believe that the world is on the cusp of great opportunity in AI. This inspires us and fuels our commitment to deliver the technology to help make it happen.Conclusion", "start_char_idx": 0, "end_char_idx": 305, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6005a262-fb13-4a93-b863-ac24e0624a5a": {"__data__": {"id_": "6005a262-fb13-4a93-b863-ac24e0624a5a", "embedding": null, "metadata": {"page_label": "35", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ae1fc008-487d-47ac-92d7-870baf7449d7", "node_type": null, "metadata": {"page_label": "35", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "a512bd8bf12e39a1090f83d1840af2115abe56a86814c3d39ab9d3d52f4ed432"}, "3": {"node_id": "275d66af-806d-492e-844f-405bb83c721a", "node_type": null, "metadata": {"page_label": "35", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "31f628c41d529d100461722a3dfa3b25bee5e6ed4e4a3bf6ecf2e24744944f5f"}}, "hash": "f195d576723298dde59f44ddef1d967ea87ab73fad8b6acb1ca5ec41d189e166", "text": "UNITED STATES\nSECURITIES AND EXCHANGE COMMISSION\nWashington, D.C. 20549\nFORM 10-K\n\u00a0ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\nFor the fiscal year ended December 31, 2022\nOR\n\u00a0TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\nFor the transition period from __________ to __________.\n(State or other jurisdiction of \nincorporation or organization)(Exact name of registrant as specified in its charter)  \n(Address of principal executive offices, including zip code)  \n(Registrant\u2019s telephone number, including area code)Commission \nfile number:(I.R.S. Employer \nIdentification No.)\nDelawareALPHABET INC.\n1600 Amphitheatre Parkway  \nMountain View, CA 94043  \n(650) 253-0000001-37580 61-1767919\nSECURITIES REGISTERED PURSUANT TO SECTION\u00a012(B) OF THE ACT:\nTitle of each class Trading Symbol(s) Name of each exchange on which registered\nClass A Common Stock, $0.001 par value GOOGL Nasdaq Stock Market LLC  \n(Nasdaq Global Select Market)\nClass C Capital Stock, $0.001 par value GOOG Nasdaq Stock Market LLC  \n(Nasdaq Global Select Market)\nSECURITIES REGISTERED PURSUANT TO SECTION 12(G) OF THE ACT:\nTitle of each class\nNone\nIndicate by check mark Alphabet Inc.\nYES NO\n\t\u2022if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.\n\t\u2022if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.\n\t\u2022whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities \nExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was \nrequired to file such reports), and (2) has been subject to such filing requirements for the past 90 days.\n\t\u2022whether the registrant has submitted electronically every Interactive Data File required to be submitted \npursuant to Rule 405 of Regulation S-T (\u00a7232.405 of this chapter) during the preceding 12 months \n(or\u00a0for such shorter period that the registrant was required to submit such files).\n\t\u2022whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging \ngrowth company. See the definitions of \u201clarge accelerated filer,\u201d \u201caccelerated filer,\u201d \u201csmaller reporting company,\u201d and \u201cemerging growth \ncompany\u201d in Rule 12b-2 of the Exchange Act.\nLarge accelerated filer\u00a0 Accelerated filer\u00a0 Non-accelerated filer  Smaller reporting company\u00a0Emerging growth company\u00a0\n\t\u2022If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition \nperiod for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.\n\t\u2022whether the registrant has filed a report on and attestation to its management\u2019s assessment of the effectiveness of \nits internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C.7262(b)) by the \nregistered public accounting firm that prepared or issued its audit report. \n\t\u2022If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements \nof the registrant included in the filing reflect the correction of an error to previously issued financial statements. \n\t\u2022whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation \nreceived by any of the registrant\u2019s", "start_char_idx": 0, "end_char_idx": 3483, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "275d66af-806d-492e-844f-405bb83c721a": {"__data__": {"id_": "275d66af-806d-492e-844f-405bb83c721a", "embedding": null, "metadata": {"page_label": "35", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ae1fc008-487d-47ac-92d7-870baf7449d7", "node_type": null, "metadata": {"page_label": "35", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "a512bd8bf12e39a1090f83d1840af2115abe56a86814c3d39ab9d3d52f4ed432"}, "2": {"node_id": "6005a262-fb13-4a93-b863-ac24e0624a5a", "node_type": null, "metadata": {"page_label": "35", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "f195d576723298dde59f44ddef1d967ea87ab73fad8b6acb1ca5ec41d189e166"}}, "hash": "31f628c41d529d100461722a3dfa3b25bee5e6ed4e4a3bf6ecf2e24744944f5f", "text": "analysis of incentive-based compensation \nreceived by any of the registrant\u2019s executive officers during the relevant recovery period pursuant to \u00a7240.10D-1(b).\nYES NO\n\t\u2022whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).", "start_char_idx": 3406, "end_char_idx": 3664, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d8c63fb1-5b23-4501-81ed-4797b0857bf5": {"__data__": {"id_": "d8c63fb1-5b23-4501-81ed-4797b0857bf5", "embedding": null, "metadata": {"page_label": "36", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "5f1a4171-890b-44a3-a6fe-884c100faead", "node_type": null, "metadata": {"page_label": "36", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "a89eb0528e3512c157a560308b7bd6e97625d250aa8284dec9195fa4d7bc301c"}}, "hash": "a89eb0528e3512c157a560308b7bd6e97625d250aa8284dec9195fa4d7bc301c", "text": "As of June 30, 2022, the aggregate market value of shares held by non-affiliates of the registrant (based upon the closing sale \nprices of such shares on the Nasdaq Global Select Market on June 30, 2022) was approximately $1,256.1 billion. For purposes of \ncalculating the aggregate market value of shares held by non-affiliates, we have assumed that all outstanding shares are held by \nnon-affiliates, except for shares held by each of our executive officers, directors, and 5% or greater stockholders. In the case of 5% \nor greater stockholders, we have not deemed such stockholders to be affiliates unless there are facts and circumstances which would indicate that such stockholders exercise any control over our company, or unless they hold 10% or more of our outstanding common stock. These assumptions should not be deemed to constitute an admission that all executive officers, directors, and 5% \nor greater stockholders are, in fact, affiliates of our company, or that there are not other persons who may be deemed to be affiliates \nof our company. Further information concerning shareholdings of our officers, directors, and principal stockholders is included or \nincorporated by reference in Part III, Item 12 of this Annual Report on Form 10-K.\nAs of January 26, 2023, there were 5,956 million shares of Alphabet\u2019s Class A stock outstanding, 883 million shares of Alphabet\u2019s \nClass B stock outstanding, and 5,968 million shares of the Alphabet\u2019s Class C stock outstanding.\nDOCUMENTS INCORPORATED BY REFERENCE\nPortions of the registrant\u2019s Proxy Statement for the 2023 Annual Meeting of Stockholders are incorporated herein by reference in \nPart III of this Annual Report on Form 10-K to the extent stated herein. Such proxy statement will be filed with the Securities and Exchange Commission within 120 days of the registrant\u2019s fiscal year ended December 31, 2022.", "start_char_idx": 0, "end_char_idx": 1875, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3dd5b1e6-cde2-43b5-8852-f090063a2899": {"__data__": {"id_": "3dd5b1e6-cde2-43b5-8852-f090063a2899", "embedding": null, "metadata": {"page_label": "37", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "af5a1392-d157-4ff7-a93b-a02eb8efe68a", "node_type": null, "metadata": {"page_label": "37", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "e3a9399b7853758fda693650b5756c11d1e7bed5ed47a72c63872319593637e7"}}, "hash": "e3a9399b7853758fda693650b5756c11d1e7bed5ed47a72c63872319593637e7", "text": "i ALPHABET INC.  \u25cf ANNUAL REPORTPage\nNOTE ABOUT FORWARD-LOOKING STATEMENTS  ii\nPART I  \nITEM 1.  BUSINESS  1\nITEM 1A.  RISK F ACTORS  6\nITEM 1B.  UNRESOL VED STAFF COMMENTS  19\nITEM 2.  PROPER TIES  19\nITEM 3.  LEGAL PROCEEDINGS  19\nITEM 4.  MINE SAFE TY DISCLOSURES  19\nPART II  \nITEM 5.  M ARKET FOR REGISTRANT\u2019S COMMON EQUITY, RELATED STOCKHOLDER MATTERS,  \nAND ISSUER PURCHASES OF EQUITY SECURITIES  20\nITEM 6.  [RESER VED]  22\nITEM 7.  M ANAGEMENT\u2019S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION  \nAND RESUL TS OF OPERATIONS  23\nITEM 7A.  QU ANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK  38\nITEM 8.  FIN ANCIAL STATEMENTS AND SUPPLEMENTARY DATA  40\nITEM 9.  CH ANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING  \nAND FINANCIAL DISCLOSURE  82\nITEM 9A.  CON TROLS AND PROCEDURES  83\nITEM 9B.  O THER INFORMATION  83\nITEM 9C.  DISCL OSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS  83\nPART III  \nITEM 10.  DIREC TORS, EXECUTIVE OFFICERS, AND CORPORATE GOVERNANCE  84\nITEM 11.  EXECUTIVE COMPENSA TION  84\nITEM 12.  SECURI TY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT  \nAND RELATED STOCKHOLDER MATTERS  84\nITEM 13.  CER TAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE  84\nITEM 14.  PRINCIP AL ACCOUNTANT FEES AND SERVICES  84\nPART IV  \nITEM 15.  EXHIBI TS, FINANCIAL STATEMENT SCHEDULES  85\nITEM 16.  FORM 10-K SUMM ARY  88\nSIGNATURES  89Table of ContentsAlphabet Inc.  \nForm 10-K  \nFor the Fiscal Year Ended December 31, 2022", "start_char_idx": 0, "end_char_idx": 1498, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "48b8b6f7-0ffd-42f7-bb89-692bcdd3e91b": {"__data__": {"id_": "48b8b6f7-0ffd-42f7-bb89-692bcdd3e91b", "embedding": null, "metadata": {"page_label": "38", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e806e471-9e38-451d-a74d-b0f542df5ec4", "node_type": null, "metadata": {"page_label": "38", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "792ac52477ea1c8e23aacb99b2a93fad18145623d9cfd3737431456b47e74848"}, "3": {"node_id": "6310f673-5609-4165-9b73-6c1131235621", "node_type": null, "metadata": {"page_label": "38", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "84919aac6576f33a839bedb57be0d21f7817aaf4a765287e30899ef6479c0236"}}, "hash": "1aa55ef122a24bf3b3c8aa9f6a9ccbbab2171a40abea63f9c094b4e8109c3434", "text": "ii ALPHABET INC.  \u25cf ANNUAL REPORTNOTE ABOUT FORWARD-LOOKING STATEMENTS\nThis Annual Report on Form 10-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform \nAct of 1995. These include, among other things, statements regarding:\n\tzthe growth of our business and revenues and our expectations \nabout the factors that influence our success and trends in our \nbusiness;\n\tzfluctuations in our revenues and margins and various factors contributing to such fluctuations;\n\tzour expectation that the continuing shift from an offline to online world will continue to benefit our business;\n\tzour expectation that the portion of our revenues that we derive from non-advertising revenues will continue to increase and may affect our margins;\n\tzour expectation that our traffic acquisition costs (TAC) and the associated TAC rate will fluctuate, which could affect our overall margins;\n\tzour expectation that our monetization trends will fluctuate, which could affect our revenues and margins;\n\tzfluctuations in our revenues, as well as the change in paid clicks and cost-per-click and the change in impressions and cost-per-\nimpression, and various factors contributing to such fluctuations;\n\tzour expectation that we will continue to periodically review, \nrefine, and update our methodologies for monitoring, gathering, and counting the number of paid clicks and impressions;\n\tzour expectation that our results will be affected by our performance in international markets as users in developing \neconomies increasingly come online;\n\tzour expectation that our foreign exchange risk management \nprogram will not fully offset our net exposure to fluctuations in foreign currency exchange rates;\n\tzthe expected variability of gains and losses related to hedging \nactivities under our foreign exchange risk management program;\n\tzthe amount and timing of revenue recognition from \ncustomer contracts with commitments for performance obligations, including our estimate of the remaining amount of commitments and when we expect to recognize revenue;\n\tzfluctuations in our capital expenditures;\n\tzour plans to continue to invest in new businesses, products, services and technologies, systems, land and buildings for data centers, and infrastructure, as well as to continue to invest in acquisitions and strategic investments;\n\tzour pace of hiring and our plans to provide competitive compensation programs;\n\tzour expectation that our cost of revenues, research and development (R&D) expenses, sales and marketing expenses, and general and administrative expenses may increase in amount and/or may increase as a percentage of revenues and may be affected by a number of factors;\n\tzestimates of our future compensation expenses;\n\tzour expectation that our other income (expense), net (OI&E), will fluctuate in the future, as it is largely driven by market dynamics;\n\tzfluctuations in our effective tax rate;\n\tzseasonal fluctuations in internet usage and advertiser expenditures, underlying business trends such as traditional retail seasonality, which are likely to cause fluctuations in our quarterly results;\tzthe sufficiency of our sources of funding;\n\tzour potential exposure in connection with new and pending investigations, proceedings, and other contingencies, including the possibility that certain legal proceedings to which we are a party could harm our business, financial condition, and operating results;\n\tzour expectation that we will continue to face heightened \nregulatory scrutiny, and the sufficiency and timing of our \nproposed remedies in response to decisions from the European Commission (EC) and other regulators and governmental entities;\n\tzthe expected timing, amount, and effect of Alphabet Inc.\u2019s share repurchases;\n\tzour long-term sustainability and diversity goals;\n\tzthe unpredictability of the ongoing broader economic effects resulting from the war in Ukraine on our future financial results;\n\tzthe expected financial", "start_char_idx": 0, "end_char_idx": 3974, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6310f673-5609-4165-9b73-6c1131235621": {"__data__": {"id_": "6310f673-5609-4165-9b73-6c1131235621", "embedding": null, "metadata": {"page_label": "38", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e806e471-9e38-451d-a74d-b0f542df5ec4", "node_type": null, "metadata": {"page_label": "38", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "792ac52477ea1c8e23aacb99b2a93fad18145623d9cfd3737431456b47e74848"}, "2": {"node_id": "48b8b6f7-0ffd-42f7-bb89-692bcdd3e91b", "node_type": null, "metadata": {"page_label": "38", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "1aa55ef122a24bf3b3c8aa9f6a9ccbbab2171a40abea63f9c094b4e8109c3434"}}, "hash": "84919aac6576f33a839bedb57be0d21f7817aaf4a765287e30899ef6479c0236", "text": "effects resulting from the war in Ukraine on our future financial results;\n\tzthe expected financial effect of our announced workforce reduction and office space optimization;\n\tzour expectation that the change in estimated useful life of servers and certain network equipment will have a favorable effect on our 2023 operating results;\nas well as other statements regarding our future operations, financial condition and prospects, and business strategies. Forward-looking statements may appear throughout this report and other documents we file with the Securities and Exchange Commission (SEC), including without limitation, the following sections: Part I, Item 1 \u201cBusiness;\u201d Part I, Item 1A \u201cRisk Factors;\u201d and Part II, Item 7 \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations.\u201d Forward-looking statements generally can be identified by words such as \u201canticipates,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cpredicts,\u201d \u201cprojects,\u201d \u201cwill be,\u201d \u201cwill continue,\u201d \u201cmay,\u201d \u201ccould,\u201d \u201cwill likely result,\u201d and similar expressions. These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, which could cause our actual results to differ materially from those reflected in the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in this Annual Report on Form 10-K, and in particular, the risks discussed in Part I, Item 1A, \u201cRisk Factors\u201d of this report and those discussed in other documents we file with the SEC. We undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.\nAs used herein, \u201cAlphabet,\u201d \u201cthe company,\u201d \u201cwe,\u201d \u201cus,\u201d \u201cour,\u201d and \nsimilar terms include Alphabet Inc. and its subsidiaries, unless the context indicates otherwise.\n\u201cAlphabet,\u201d \u201cGoogle,\u201d and other trademarks of ours appearing in \nthis report are our property. We do not intend our use or display of other companies\u2019 trade names or trademarks to imply an endorsement or sponsorship of us by such companies, or any relationship with any of these companies.", "start_char_idx": 3875, "end_char_idx": 6213, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "38bf0bb4-d6da-4124-95ed-e4d4e0ff86ad": {"__data__": {"id_": "38bf0bb4-d6da-4124-95ed-e4d4e0ff86ad", "embedding": null, "metadata": {"page_label": "39", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e46e4f40-9edc-4c5c-877e-3b1dd05a374b", "node_type": null, "metadata": {"page_label": "39", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "033637f0af56f83f5a3de6056f2e330b3f4fe66658b8bc5d971af74181242c4b"}, "3": {"node_id": "f27e16e3-a74b-40a3-aa46-255fc510b6d5", "node_type": null, "metadata": {"page_label": "39", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "bbfad2b3e307b22748f48982e208484d52de1ce8676f4b3c54b62964f1cde4c5"}}, "hash": "122933e439b8df13809ce0ae93b8b68a3f7413fb4b07967ea66eaf8fa6e2ecd2", "text": "1 ALPHABET INC.  \u25cf ANNUAL REPORT\n\tzPART I\n \u2014 ITEM\u00a01.  BUSINE SS\nOverview\nAs our founders Larry and Sergey wrote in the original founders\u2019 letter, \u201cGoogle is not a conventional company. We do not intend \nto become one.\u201d That unconventional spirit has been a driving force throughout our history, inspiring us to tackle big problems and \ninvest in moonshots, such as our long-term opportunities in artificial intelligence (AI). We continue this work under the leadership of \nAlphabet and Google CEO Sundar Pichai.\nAlphabet is a collection of businesses \u2014 the largest of which is Google. We report Google in two segments, Google Services and \nGoogle Cloud; we also report all non-Google businesses collectively as Other Bets. Alphabet\u2019s structure is about helping each of our businesses prosper through strong leaders and independence.\nAccess and technology for everyone\nThe Internet is one of the world\u2019s most powerful equalizers; it propels ideas, people and businesses large and small. Our mission to organize the world\u2019s information and make it universally  accessible and useful is as relevant today as it was when we were founded \nin 1998. Since then, we have evolved from a company that helps people find answers to a company that also helps people get things done. \nWe are focused on building an even more helpful Google for everyone, and we aspire to give everyone the tools they need to increase \ntheir knowledge, health, happiness, and success. Google Search helps people find information and make sense of the world in more natural and intuitive ways, with trillions of searches on Google every year. YouTube provides people with entertainment, information, and opportunities to learn something new. Google Assistant offers the best way to get things done seamlessly across different devices, providing intelligent help throughout a person\u2019s day, no matter where they are. Google Cloud helps customers solve today\u2019s business challenges, improve productivity, reduce costs, and unlock new growth engines. We are continually innovating and building new products and features that will help our users, partner s, customers, and communities and have invested more than $100 billion \nin research and development in the last five years in support of these efforts.\nMoonshots\nMany companies get comfortable doing what they have always done, making only incremental changes. This incrementalism leads \nto irrelevance over time, especially in technology, where change tends to be revolutionary, not evolutionary. People thought we were \ncrazy when we acquired YouTube and Android and when we launched Chrome, but those efforts have matured into major platforms \nfor digital video and mobile devices and a safer, popular browser. We continue to look toward the future and to invest for the long term \nwithin each of our segments. As we said in the original founders\u2019 letter, we will not shy away from high-risk, high-reward projects that \nwe believe in, as they are the key to our long-term success.\nThe power of AI\nWe believe that AI is a foundational and transformational technology that will provide compelling and helpful benefits to people \nand society through its capacity to assist, complement, empower, and inspire people in almost every field of human endeavor. As \nan information and computer science company, we will continue to be at the forefront of advancing the frontier of AI. Through our path-breaking and field-defining research and development, we responsibly and boldly develop more capable and useful AI every day. \nAI already powers Google\u2019s core products that help billions of people every day and has been at the foundation of our core ads quality \nsystems for years, helping large and small businesses all over the world to produce and run effective and efficient ad campaigns \nthat help grow their businesses. AI makes it possible to search in new languages, with multiple inputs, such as using images and \ntext at the same time with the Google App. Some of our most popular products at Google \u2014 including Lens and Translate \u2014 were built entirely using artificial intelligence technologies such as optical character recognition and machine learning. Google Cloud \ncontinues to build AI into numerous solutions that our customers can use to develop AI-powered applications \u2014 including processing \ndocuments, images, and translation \u2014", "start_char_idx": 0, "end_char_idx": 4357, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f27e16e3-a74b-40a3-aa46-255fc510b6d5": {"__data__": {"id_": "f27e16e3-a74b-40a3-aa46-255fc510b6d5", "embedding": null, "metadata": {"page_label": "39", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e46e4f40-9edc-4c5c-877e-3b1dd05a374b", "node_type": null, "metadata": {"page_label": "39", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "033637f0af56f83f5a3de6056f2e330b3f4fe66658b8bc5d971af74181242c4b"}, "2": {"node_id": "38bf0bb4-d6da-4124-95ed-e4d4e0ff86ad", "node_type": null, "metadata": {"page_label": "39", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "122933e439b8df13809ce0ae93b8b68a3f7413fb4b07967ea66eaf8fa6e2ecd2"}}, "hash": "bbfad2b3e307b22748f48982e208484d52de1ce8676f4b3c54b62964f1cde4c5", "text": "to develop AI-powered applications \u2014 including processing \ndocuments, images, and translation \u2014 to understand and analyze data more efficiently, and to use packaged solutions for a variety \nof industries. In all these examples, AI significantly enhances the usefulness and multiplies the value of these products and services to \npeople and organizations.", "start_char_idx": 4262, "end_char_idx": 4616, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "fb6436b5-7d09-4984-bbcd-5eb9918407d6": {"__data__": {"id_": "fb6436b5-7d09-4984-bbcd-5eb9918407d6", "embedding": null, "metadata": {"page_label": "40", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8db2fd86-be2b-4f44-a294-59480870a440", "node_type": null, "metadata": {"page_label": "40", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "e915a34d98f7ae06b95bfddb5b9fbbedbd5c5561ce298145d75b14a1f4f6d487"}, "3": {"node_id": "ccf31de9-face-45d7-b8a4-1c99a0de64ef", "node_type": null, "metadata": {"page_label": "40", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "1a5c98018d565250b4dc30e3637e286a1bcf4132fc78c9c208c74711e0b5b119"}}, "hash": "4ac28fb47faa9843600b7f0da0fb7ddaf62ef1fb963da31fbd1f5687536c180a", "text": "2 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01\u00a0\u00a0 BUSINESS\nOur view is that AI is now, and more than ever, critical to delivering on our mission. As we bring our breakthrough AI innovations into \nthe real world to assist people and benefit society everywhere, we are also pursuing further advancements that will help to unlock \nscientific discoveries and to tackle humanity\u2019s greatest challenges and opportunities.\nPrivacy and security\nWe make it a priority to protect the privacy and security of our products, users, and customers, even if there are near-term financial \nconsequences. We do this by continuously investing in building products that are secure by default; strictly upholding responsible \ndata practices that emphasize privacy by design; and building easy-to-use settings that put people in control. We are continually \nenhancing these efforts over time, whether by enabling users to auto-delete their data, giving them new tools, such as My Ad Center, \nto control their ad experience, or advancing anti-malware, anti-phishing, and password security features.\nGoogle\nFor reporting purposes Google comprises two segments: Google Services and Google Cloud.\nGoogle Services\nSERVING OUR USERS\nWe have always been committed to building helpful products that can improve the lives of millions of people worldwide. Our product \ninnovations are what make our services widely used, and our brand one of the most recognized in the world. Google Services\u2019 core products and platforms include ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube, with broad and growing adoption by users around the world.\nOur products and services have come a long way since the company was founded more than two decades ago. Rather than the \nten blue links in our early search results, users can now get direct answers to their questions using their computer or mobile device, \ntheir own voice, a photo, or an image, making it quicker, easier, and more natural to find what they are looking for. Of the searches we see every day, 15% are new.\nThis drive to make information more accessible and helpful has led us over the years to improve the discovery and creation of digital \ncontent both on the web and through platforms like Google Play and YouTube. People are consuming many forms of digital content, \nincluding watching videos, playing games, listening to music, reading books, and using apps. Working with content creators and \npartners, we continue to build new ways for people around the world to find great digital content.\nFueling all of these great digital experiences are extraordinary platforms and hardware. That is why we continue to invest in platforms \nlike our Android mobile operating system, Chrome browser, and Chrome operating system, as well as growing our family of hardware \ndevices. We see tremendous potential for devices to be helpful and make people\u2019s lives easier by combining the best of our AI, software, \nand hardware. This potential is reflected in our latest generation of hardware products such as the new Pixel 7 and Pixel 7 Pro, and \nthe very first Pixel Watch. Creating products that people rely on every day is a journey that we are investing in for the long-term.\nHOW WE MAKE MONEY\nWe have built world-class advertising technologies for advertisers, agencies, and publishers to power their digital marketing businesses. \nOur advertising solutions help millions of companies grow their bu sinesses through our wide range of products across devices and \nformats, and we aim to ensure positive user experiences by serving the right ads at the right time and by building deep partnerships with brands and agencies. \nGoogle Services generates revenues primarily by delivering both performance and brand advertising that appears on Google Search & \nother properties, YouTube, and Google Network partners\u2019 properties (\u201cGoogle Network properties\u201d). We continue to invest in both \nperformance and brand advertising and seek to improve the measur ability of advertising so advertisers understand the effectiveness \nof their campaigns.\n\tzPerformance advertising creates and delivers relevant ads that users will click on leading to direct engagement with advertisers. \nPerformance advertising lets our advertisers connect with users while driving measurable results. Our ads tools allow performance \nadvertisers to create simple", "start_char_idx": 0, "end_char_idx": 4407, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ccf31de9-face-45d7-b8a4-1c99a0de64ef": {"__data__": {"id_": "ccf31de9-face-45d7-b8a4-1c99a0de64ef", "embedding": null, "metadata": {"page_label": "40", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8db2fd86-be2b-4f44-a294-59480870a440", "node_type": null, "metadata": {"page_label": "40", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "e915a34d98f7ae06b95bfddb5b9fbbedbd5c5561ce298145d75b14a1f4f6d487"}, "2": {"node_id": "fb6436b5-7d09-4984-bbcd-5eb9918407d6", "node_type": null, "metadata": {"page_label": "40", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "4ac28fb47faa9843600b7f0da0fb7ddaf62ef1fb963da31fbd1f5687536c180a"}}, "hash": "1a5c98018d565250b4dc30e3637e286a1bcf4132fc78c9c208c74711e0b5b119", "text": "users while driving measurable results. Our ads tools allow performance \nadvertisers to create simple text-based ads.\n\tzBrand advertising  helps enhance users\u2019 awareness of and affinity for advertisers\u2019 products and services, through videos, text, \nimages, and other interactive ads that run across various devices. We help brand advertisers deliver digital videos and other types \nof ads to specific audiences for their brand-building marketing campaigns. \nWe have allocated substantial resources to stopping bad advertising practices and protecting users on the web. We focus on creating \nthe best advertising experiences for our users and advertisers in many ways, including filtering out invalid traffic, removing billions \nof bad ads from our systems every year, and closely monitoring the sites, apps, and videos where ads appear and blocklisting them when necessary to ensure that ads do not fund bad content.", "start_char_idx": 4306, "end_char_idx": 5222, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b6c5b04b-602c-4286-900b-9922da52ac19": {"__data__": {"id_": "b6c5b04b-602c-4286-900b-9922da52ac19", "embedding": null, "metadata": {"page_label": "41", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "37d7af97-8f2a-4a43-9bd3-25cddbbfa140", "node_type": null, "metadata": {"page_label": "41", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "a4bea4781511b8cd1d40d6d55b6707548ac8e9dbebcf7c3ef098418de805d25b"}}, "hash": "a4bea4781511b8cd1d40d6d55b6707548ac8e9dbebcf7c3ef098418de805d25b", "text": "3 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01\u00a0\u00a0 BUSINESS\nWe continue to focus on growing revenues beyond advertising, from Google Play, hardware, and YouTube subscriptions, such as: \n\tzGoogle Play generates revenues from sales of apps and in-app purchases.\n\tzHardware  generates revenues from sales of Fitbit wearable devices, Google Nest home products, and Pixel devices.\n\tzYouTube non-advertising generates subscription revenues from services such as YouTube Premium and YouTube TV.\nGoogle Cloud\nGoogle was a company built in the cloud, and we continue to invest in our Google Cloud offerings, including Google Cloud Platform \nand Google Workspace. Google Cloud Platform provides leading technology in cybersecurity; data, analytics, AI, and machine learning; and infrastructure. Our cybersecurity products help customers detect, protect, and respond to a broad range of cybersecurity threats. Our data cloud unifies data lakes, data warehouses, data governance, and advanced machine learning into a single platform that \ncan analyze data across any cloud. We provide customers an open, reliable, and scalable infrastructure that enables them to run \nworkloads anywhere \u2014 on our Cloud, at the edge, or in their data centers. Additionally, Google Workspace\u2019s easy-to-use and secure communication and collaboration tools, which include apps like Gmail, Docs, Drive, Calendar, Meet, and more, enable secure hybrid work, boosting productivity and collaboration. \nOther Bets\nAcross Alphabet we are also using technology to try to solve big problems that affect a wide variety of industries from improving transportation and health technology to exploring solutions to address climate change. Alphabet\u2019s investment in the portfolio of Other Bets includes businesses that are at various stages of development, ranging from those in the R&D phase to those that are in the beginning stages of commercialization. Our goal is for them to become thriving, successful businesses. Other Bets operate as independent companies and some of them have their own boards with independent members and outside investors. While these early-stage businesses naturally come with considerable uncertainty, some of them are already generating revenue and making important strides in their industries. Revenues from Other Bets are generated primarily from the sale of health technology and internet services.\nCompetition\nOur business is characterized by rapid change as well as new and disruptive technologies. We face formidable competition in every aspect of our business, including, among others, from:\n\tzgeneral purpose search engines and information services;\n\tzvertical search engines and e-commerce providers for queries related to travel, jobs, and health, which users may navigate directly \nto rather than go through Google;\n\tzonline advertising platforms and networks;\n\tzother forms of advertising, such as billboards, magazines, newspapers, radio, and television as our advertisers typically advertise \nin multiple media, both online and offline;\n\tzdigital content and application platform providers;\n\tzproviders of enterprise cloud services;\n\tzcompanies that design, manufacture, and market consumer hardware products, including businesses that have developed proprietary platforms;\n\tzproviders of digital video services; \n\tzsocial networks, which users may rely on for product or service referrals, rather than seeking information through traditional search engines;\n\tzproviders of workspace communication and connectivity products; and \n\tzdigital assistant providers.\nCompeting successfully depends heavily on our ability to develop and distribute innovative products and technologies to the marketplace across our businesses. For example, for advertising, competing successfully depends on attracting and retaining:\n\tzusers, for whom other products and services are literally one click away, largely on the basis of the relevance of our advertising, as well as the general usefulness, security, and availability of our products and services;\n\tzadvertisers, primarily based on our ability to generate sales leads, and ultimately customers, and to deliver their advertisements in an efficient and effective manner across a variety of distribution channels; and", "start_char_idx": 0, "end_char_idx": 4247, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "61f862cd-d690-44e2-ad87-cd76f90a1ec0": {"__data__": {"id_": "61f862cd-d690-44e2-ad87-cd76f90a1ec0", "embedding": null, "metadata": {"page_label": "42", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e304a855-da02-4bd7-8585-0dbf9a4ad74d", "node_type": null, "metadata": {"page_label": "42", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "e5ccadaee3ce9fe1ef8a2433267c87265580fb30f8fa6b8518917d10d5db9213"}, "3": {"node_id": "f351c8e1-a325-4ea2-8a10-f3381624ae72", "node_type": null, "metadata": {"page_label": "42", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "931feced538ba3757a0b502f84f8bcdfcf787f88eaadf2d86f34edc8714683c0"}}, "hash": "f06a71aabbcb8812c011424dec8f7ab167f648d7f8dacfbccf93dd9047464b16", "text": "4 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01\u00a0\u00a0 BUSINESS\n\tzcontent providers, primarily based on the quality of our advertiser base, our ability to help these partners generate revenues from \nadvertising, and the terms of our agreements with them.\nFor additional information about competition, see Risk Factors in Item 1A of this Annual Report on Form 10-K. \nOngoing Commitment to Sustainability\nWe believe that every business has the opportunity and obligation to protect our planet. Sustainability is one of our core values at Google, and we strive to build sustainability into everything we do. We have been a leader on sustainability and climate change since Google\u2019s founding more than 20 years ago. These are some of our key achievements over the past two decades:\n\tzIn 2007, we became the first major company to be carbon neutral for our operations.\n\tzIn 2017, we became the first major company to match 100% of our annual electricity use with renewable energy, which we have \nachieved for five consecutive years.\n\tzIn 2020, we issued $5.75 billion in sustainability bonds\u2014the largest sustainability or green bond issuance by any company in \nhistory at the time. The net proceeds from the issuance were used to fund environmentally and socially responsible projects in the following eight areas: energy efficiency, clean energy, green buildings, clean transportation, circular economy and design, affordable housing, commitment to racial equity, and support for small businesses and COVID-19 crisis response. As of 2022, we had fully allocated the net proceeds from our sustainability bonds as outlined in our Sustainability Bond Impact Report published in 2022.\nOur sustainability strategy is focused on three key pillars: accelerating the transition to carbon-free energy and a circular economy, empowering everyone with technology, and benefiting the people and places where we operate.\nTo accelerate the transition to a carbon-free and circular economy, in 2020, we launched our third decade of climate action, and we \nare now working toward a new set of ambitious goals. By 2030, we aim to:\n\tzachieve net-zero emissions across all of our operations and value chain, including our consumer hardware products;\n\tzbecome the first major company to run on carbon-free energy 24 hours a day, seven days a week, 365 days a year;\n\tzenable 5 gigawatts of new carbon-free energy through investments in our key manufacturing regions; and\n\tzhelp more than 500 cities and local governments reduce an aggregate of 1 gigaton (one billion tons) of carbon emissions annually.\nWe also aim to maximize the reuse of finite resources across our operations, products, and supply chains and to enable others to do the same.\nWe are committed to helping people make more sustainable choices by empowering them with technology. We introduced eco-friendly \nrouting in Google Maps; new features to book flights or purchase appliances that have lower carbon footprints; and when people come to Google Search with questions about climate change, we show information from authoritative sources like the United Nations.\nTo benefit the people and places where we operate, we have set goals to replenish more water than we consume by 2030 and to \nsupport water security in communities where we operate. We are focused on three areas: enhancing our stewardship of water resources across Google offices and data centers; replenishing our water use and improving watershed health and ecosystems in water-stressed communities; and sharing technology and tools that help everyone predict, prevent, and recover from water stress. At Google we remain steadfast in our commitment to sustainability, and we will continue to lead and encourage others to join us in improving the health of our planet. We are proud of what we have achieved so far, and we are energized to help move the world closer to a more sustainable and carbon-free future for all.\nMore information on our approach to sustainability can be found in our annual sustainability reports, including Google\u2019s Environmental \nReport. The", "start_char_idx": 0, "end_char_idx": 4068, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f351c8e1-a325-4ea2-8a10-f3381624ae72": {"__data__": {"id_": "f351c8e1-a325-4ea2-8a10-f3381624ae72", "embedding": null, "metadata": {"page_label": "42", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e304a855-da02-4bd7-8585-0dbf9a4ad74d", "node_type": null, "metadata": {"page_label": "42", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "e5ccadaee3ce9fe1ef8a2433267c87265580fb30f8fa6b8518917d10d5db9213"}, "2": {"node_id": "61f862cd-d690-44e2-ad87-cd76f90a1ec0", "node_type": null, "metadata": {"page_label": "42", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "f06a71aabbcb8812c011424dec8f7ab167f648d7f8dacfbccf93dd9047464b16"}}, "hash": "931feced538ba3757a0b502f84f8bcdfcf787f88eaadf2d86f34edc8714683c0", "text": "found in our annual sustainability reports, including Google\u2019s Environmental \nReport. The contents of our sustainability reports are not incorporated by reference into this Annual Report on Form 10-K or in any other report or document we file with the SEC. For additional information about risks and uncertainties applicable to our commitments to attain certain sustainability goals, see Risk Factors in Item 1A of this Annual Report on Form 10-K.\nCulture and Workforce\nWe are a company of curious, talented, and passionate people. We embrace collaboration and creativity, and encourage the iteration of ideas to address complex challenges in technology and society.\nOur people are critical for our continued success, so we work hard to create an environment where employees can have fulfilling \ncareers, and be happy, healthy, and productive. We offer industry-leading benefits and programs to take care of the diverse needs of our employees and their families, including opportunities for career growth and development, resources to support their financial health, and access to excellent healthcare choices. Our competitive compensation programs help us to attract and retain top candidates, and we will continue to invest in recruiting talented people to technical and non-technical roles, and rewarding them well. We provide a variety of high quality training and support to managers to build and strengthen their capabilities\u2014ranging from courses for new managers, to learning resources that help them provide feedback and manage performance, to coaching and individual support.", "start_char_idx": 3979, "end_char_idx": 5563, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ebb1dd16-c846-4e6e-b9a7-644ab8cb682b": {"__data__": {"id_": "ebb1dd16-c846-4e6e-b9a7-644ab8cb682b", "embedding": null, "metadata": {"page_label": "43", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ae5909d5-1347-4758-9524-e37c4eecd6ca", "node_type": null, "metadata": {"page_label": "43", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "ccf137a8db88b1b5ec2e3731fb9fd1d461d424cf41ec77f2a1d803f8690df90a"}, "3": {"node_id": "4820fd69-4b9e-4d23-a20a-43c8d5c3b7ea", "node_type": null, "metadata": {"page_label": "43", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "13755992f391f5f3314ab05318074677be02b262a8dc2caa105e73382be40ef2"}}, "hash": "acf14a8d8696c5da61fcc8cbc8cbcffa594b54432352f144e6cdcd91d15bf33f", "text": "5 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01\u00a0\u00a0 BUSINESS\nAt Alphabet we are committed to making diversity, equity, and inclusion part of everything we do and to growing a workforce that is \nrepresentative of the users we serve. More information on Google\u2019s approach to diversity can be found in our annual diversity reports, \navailable publicly at diversity.google. The contents of our diversity reports are not incorporated by reference into this Annual Report \non Form 10-K or in any other report or document we file with the SEC.\n As of December 31, 2022, Alphabet had 190,234 employees. We have work councils and statutory employee representation obligations \nin certain countries, and we are committed to supporting protected labor rights, maintaining an open culture, and listening to all employees. Supporting healthy and open dialogue is central to how we work, and we communicate information about the company through multiple internal channels to our employees.\nWhen necessary we contract with businesses around the world to provide specialized services where we do not have appropriate \nin-house expertise or resources, often in fields that require specialized training like cafe operations, content moderation, customer support, and physical security. We also contract with temporary staffing agencies when we need to cover short-term leaves, when we have spikes in business needs, or when we need to quickly incubate special projects. We choose our partners and staffing agencies carefully, and review their compliance with Google\u2019s Supplier Code of Conduct. We continually make improvements to promote a respectful and positive working environment for everyone \u2014 employees, vendors, and temporary staff alike.\nGovernment Regulation\nWe are subject to numerous United States (U.S.) federal, state, and local, as well as foreign laws and regulations covering a wide variety of subjects. Like other companies in the technology industry, we face heightened scrutiny from both U.S. and foreign governments with respect to our compliance with laws and regulations. Many of these laws and regulations are evolving and their applicability and scope, as interpreted by the courts, remain uncertain. Particularly with regard to data privacy and security; content moderation; competition; consumer protection; climate change and sustainability; and reporting on human capital and diversity, we have seen an increase in new and evolving laws and regulations, as well as related enforcement actions, being proposed and implemented in recent years by legislative bodies around the world.\nOur compliance with these laws and regulations may be onerous and could, individually or in the aggregate, increase our cost of \ndoing business, make our products and services less useful, limit our ability to pursue certain business models, cause us to change our business practices, affect our competitive position relative to our peers, and/or otherwise have an adverse effect on our business, reputation, financial condition, and operating results. \nFor additional information about government regulation applicable to our business, see Risk Factors in Item 1A; Trends in Our Business \nand Financial Effect in Part II, Item 7; and Legal Matters in Note 10 of the Notes to Consolidated Financial Statements included in Part II, Item 8 of this Annual Report on Form 10-K.\nIntellectual Property\nWe rely on various intellectual property laws, confidentiality procedures and contractual provisions to protect our proprietary technology and our brand. We have registered, and applied for the registration of, U.S. and international trademarks, service marks, domain names, and copyrights. We have also filed patent applications in the U.S. and foreign countries covering certain of our technology, and acquired patent assets to supplement our portfolio. We have licensed in the past, and expect that we may license in the future, certain of our rights to other parties. For additional information, see Risk Factors in Item 1A of this Annual Report on Form 10-K.\nAvailable Information\nOur website is located at www.abc.xyz, and our investor relations website is located at www.abc.xyz/investor. Access to our Annual \nReports on Form 10-K, Quarterly Reports on Form 10-Q, Current", "start_char_idx": 0, "end_char_idx": 4263, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4820fd69-4b9e-4d23-a20a-43c8d5c3b7ea": {"__data__": {"id_": "4820fd69-4b9e-4d23-a20a-43c8d5c3b7ea", "embedding": null, "metadata": {"page_label": "43", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ae5909d5-1347-4758-9524-e37c4eecd6ca", "node_type": null, "metadata": {"page_label": "43", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "ccf137a8db88b1b5ec2e3731fb9fd1d461d424cf41ec77f2a1d803f8690df90a"}, "2": {"node_id": "ebb1dd16-c846-4e6e-b9a7-644ab8cb682b", "node_type": null, "metadata": {"page_label": "43", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "acf14a8d8696c5da61fcc8cbc8cbcffa594b54432352f144e6cdcd91d15bf33f"}}, "hash": "13755992f391f5f3314ab05318074677be02b262a8dc2caa105e73382be40ef2", "text": "\nReports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and our Proxy Statements, and any amendments \nto these reports, is available via a link through our investor relations website, free of charge, after we file or furnish them with the SEC and they are available on the SEC\u2019s website.\nWe webcast via our investor relations website our earnings calls and certain events we participate in or host with members of the \ninvestment community. Our investor relations website also provides notifications of news or announcements regarding our financial \nperformance and other items that may be material or of interest to our investors, including SEC filings, investor events, press and \nearnings releases, and blogs. We also share Google news and product updates on Google\u2019s Keyword blog at https://www.blog.google/, that may be material or of interest to our investors. Further, corporate governance information, including our certificate of incorporation, \nbylaws, governance guidelines, board committee charters, and code of conduct, is also available on our investor relations website. The \ncontents of our websites are not incorporated by reference into this Annual Report on Form 10-K or in any other report or document \nwe file with the SEC, and any references to our websites are intended to be inactive textual references only.", "start_char_idx": 4201, "end_char_idx": 5561, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f0a16fe3-b772-4ad8-ad6d-0ef6ce093940": {"__data__": {"id_": "f0a16fe3-b772-4ad8-ad6d-0ef6ce093940", "embedding": null, "metadata": {"page_label": "44", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "1422f60f-aed1-4167-8f6f-81f030a4659a", "node_type": null, "metadata": {"page_label": "44", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "35349d812103d19710c726f9a901cdb1997ffc1b1797e19a3189b7dfb65ab29c"}, "3": {"node_id": "9b8d8595-3418-48d1-820b-84906955aad7", "node_type": null, "metadata": {"page_label": "44", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "831e3694ba8a4411194fb81305fd5f2972e7774c64d31b0e95a27326d3967ab6"}}, "hash": "1404692c6788a69d404ea8431ae7169e8d6cc70bbc463d17355b2b6b52f9382d", "text": "6 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01A\u00a0\u00a0 RISK FACTORS\n \u2014 ITEM\u00a01A.  RISK FACTORS\nOur operations and financial results are subject to various risks and uncertainties, including but not limited to those described below, \nwhich could harm our business, reputation, financial condition, and operating results, and affect the trading price of our Class A and Class C stock.\nRisks Specific to our Company\nWe generate a significant portion of our revenues from advertising. Reduced spending by advertisers, a loss of partners, or new \nand existing technologies that block ads online and/or affect our ability to customize ads could harm our business. \nWe generated more than 80% of total revenues from online advertising in 2022. Many of our advertisers, companies that distribute \nour products and services, digital publishers, and content providers can terminate their contracts with us at any time. These partners may not continue to do business with us if we do not create more value (such as increased numbers of users or customers, new sales leads, increased brand awareness, or more effective monetization) than their available alternatives. Changes to our advertising \npolicies and data privacy practices, as well as changes to other companies\u2019 advertising and/or data privacy practices have in the \npast, and may in the future, affect the advertising that we are able to provide. In addition, technologies have been developed that make customized ads more difficult or that block the display of ads altogether, and some providers of online services have integrated \nthese technologies that could potentially impair the availability and functionality of third-party digital advertising. Failing to provide \nsuperior value or deliver advertisements effectively and competitively could harm our business, reputation, financial condition, and \noperating results. \nIn addition, expenditures by advertisers tend to correlate with overall economic conditions. Adverse macroeconomic conditions have \naffected, and may in the future affect, the demand for advertising, resulting in fluctuations in the amounts our advertisers spend on \nadvertising, which could harm our financial condition and operating results. \nWe face intense competition. If we do not continue to innovate and provide products and services that are useful to users, \ncustomers, and other partners, we may not remain competitive, which could harm our business, financial condition, and operating results. \nOur business environment is rapidly evolving and intensely competitive. Our businesses face changing technologies, shifting user \nneeds, and frequent introductions of rival products and services. To compete successfully, we must accurately anticipate technology \ndevelopments and deliver innovative, relevant and useful products, services, and technologies in a timely manner. As our businesses evolve, the competitive pressure to innovate will encompass a wider range of products and services. We must continue to invest significant resources in R&D, including through acquisitions, in order to enhance our technology and new and existing products and services. \nWe have many competitors in different industries. Our current and potential domestic and international competitors range from \nlarge and established companies to emerging start-ups. Some competitors have longer operating histories and well established \nrelationships in various sectors. They can use their experience and resources in ways that could affect our competitive position, \nincluding by making acquisitions, continuing to invest heavily in R&D and in talent, initiating intellectual property and competition \nclaims (whether or not meritorious), and continuing to compete for users, advertisers, customers, and content providers. Further, \ndiscrepancies in enforcement of existing laws may enable our lesser known competitors to aggressively interpret those laws without \ncommensurate scrutiny, thereby affording them competitive advantages. Our competitors may also be able to innovate and provide \nproducts and services faster than we can or may foresee the need for products and services before us. \nOur financial condition and operating results may also suffer if our products and services are not responsive to the evolving needs \nand desires of our users, advertisers, publishers, customers, and content providers. As new and existing", "start_char_idx": 0, "end_char_idx": 4391, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9b8d8595-3418-48d1-820b-84906955aad7": {"__data__": {"id_": "9b8d8595-3418-48d1-820b-84906955aad7", "embedding": null, "metadata": {"page_label": "44", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "1422f60f-aed1-4167-8f6f-81f030a4659a", "node_type": null, "metadata": {"page_label": "44", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "35349d812103d19710c726f9a901cdb1997ffc1b1797e19a3189b7dfb65ab29c"}, "2": {"node_id": "f0a16fe3-b772-4ad8-ad6d-0ef6ce093940", "node_type": null, "metadata": {"page_label": "44", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "1404692c6788a69d404ea8431ae7169e8d6cc70bbc463d17355b2b6b52f9382d"}}, "hash": "831e3694ba8a4411194fb81305fd5f2972e7774c64d31b0e95a27326d3967ab6", "text": "advertisers, publishers, customers, and content providers. As new and existing technologies continue to \ndevelop, competitors and new entrants may be able to offer experiences that are, or that are seen to be, substantially similar to or better than ours. These technologies could reduce usage of our products and services, and force us to compete in different ways \nand expend significant resources to develop and operate equal or better products and services. Competitors\u2019 success in providing \ncompelling products and services or in attracting and retaining users, advertisers, publishers, customers, and content providers could harm our financial condition and operating results. \nOur ongoing investment in new businesses, products, services, and technologies is inherently risky, and could divert \nmanagement attention and harm our business, financial condition, and operating results. \nWe have invested and expect to continue to invest in new businesses, products, services, and technologies. The investments that we \nare making across our businesses, such as in AI, reflect our ongoing efforts to innovate and provide products and services that are useful to users, advertisers, publishers, customers, and content providers. Our investments span a wide range of industries beyond", "start_char_idx": 4313, "end_char_idx": 5599, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6e2bf959-4471-4d79-b0c3-68f98e598a3e": {"__data__": {"id_": "6e2bf959-4471-4d79-b0c3-68f98e598a3e", "embedding": null, "metadata": {"page_label": "45", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "5e3484aa-f344-4f1d-80be-9b1dfa13ba6d", "node_type": null, "metadata": {"page_label": "45", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "67e3eb0dfdf7127f7e9ca37cf3da1a8ad80e683a4d85da01c604a222353b0234"}, "3": {"node_id": "affbce68-c62c-4f90-a078-e161a09b26f7", "node_type": null, "metadata": {"page_label": "45", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "0bbc1f8d58699beda213bb37741d6c3ff6a19ff858a0a7994ea1910e582fc353"}}, "hash": "a4ec3a2fcf16d7c4439cc786d0154282cfed34698d3487119eea851a8d60b549", "text": "7 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01A\u00a0\u00a0 RISK FACTORS\nonline advertising. Such investments ultimately may not be commercially viable or may not result in an adequate return of capital and, \nin pursuing new strategies, we may incur unanticipated liabilities. These endeavors may involve significant risks and uncertainties, \nincluding diversion of resources and management attention from current operations and the use of alternative investment, governance, \nor compensation structures that may fail to adequately align incentives across the company or otherwise accomplish their objectives. \nWithin Google Services, we continue to invest heavily in hardware, including our smartphones, home devices, and wearables, which is \na highly competitive market with frequent introduction of new products and services, rapid adoption of technological advancements by competitors, short product life cycles, evolving industry standards, continual improvement in performance characteristics, and price and feature sensitivity on the part of consumers and businesses. There can be no assurance we will be able to provide hardware that competes effectively. \nWithin Google Cloud, we devote significant resources to develop and deploy our enterprise-ready cloud services, including Google \nCloud Platform and Google Workspace. We are incurring costs to build and maintain infrastructure to support cloud computing services, invest in cybersecurity, and hire talent, particularly to support and scale our sales force. At the same time, our competitors are rapidly developing and deploying cloud-based services. Pricing and delivery models are competitive and constantly evolving, and we may not attain sufficient scale and profitability to achieve our business objectives. Further, our business with public sector customers may present additional risks, including regulatory compliance risks. For instance, we may be subject to government audits and cost reviews, and any failure to comply or any deficiencies found may expose us to legal, financial, and/or reputational risks. Evolving laws and regulations may require us to make new capital investments, build new products, and seek partners to deliver localized services in other countries, and we may not be able to meet sovereign operating requirements. \nWithin Other Bets, we are investing significantly in the areas of health, life sciences, and transportation, among others. These \ninvestment areas face intense competition from large, experienced, and well-funded competitors, and our offerings, many of which involve the development of new and emerging technologies, may not be successful, or be able to compete effectively or operate at sufficient levels of profitability. \nIn addition, new and evolving products and services, including those that use AI, require significant investment and raise ethical, \ntechnological, legal, regulatory, and other challenges, which may negatively affect our brands and demand for our products and services. Because all of these investment areas are inherently risky, no assurance can be given that such strategies and offerings will be successful or will not harm our reputation, financial condition, and operating results. \nOur revenue growth rate could decline over time, and we anticipate downward pressure on our operating margin in the future. \nOur revenue growth rate could decline over time as a result of a number of factors, including changes in the devices and modalities \nused to access our products and services; changes in geographic mix; deceleration or declines in advertiser spending; competition; customer usage and demand for our products; decreases in our pricing of our products and services; ongoing product and policy changes; and shifts to lower priced products and services. \nIn addition, we may also experience downward pressure on our operating margin resulting from a variety of factors, such as the \ncontinued expansion of our business into new fields, including products and services such as hardware, Google Cloud, and subscription products, as well as significant investments in Other Bets, all of which may have margins lower than those we generate from advertising. In particular, margins on our hardware products have had, and may continue to have, an adverse affect on our consolidated margins due to pressures on pricing and higher cost of sales. We may also experience downward pressure on our", "start_char_idx": 0, "end_char_idx": 4422, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "affbce68-c62c-4f90-a078-e161a09b26f7": {"__data__": {"id_": "affbce68-c62c-4f90-a078-e161a09b26f7", "embedding": null, "metadata": {"page_label": "45", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "5e3484aa-f344-4f1d-80be-9b1dfa13ba6d", "node_type": null, "metadata": {"page_label": "45", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "67e3eb0dfdf7127f7e9ca37cf3da1a8ad80e683a4d85da01c604a222353b0234"}, "2": {"node_id": "6e2bf959-4471-4d79-b0c3-68f98e598a3e", "node_type": null, "metadata": {"page_label": "45", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "a4ec3a2fcf16d7c4439cc786d0154282cfed34698d3487119eea851a8d60b549"}}, "hash": "0bbc1f8d58699beda213bb37741d6c3ff6a19ff858a0a7994ea1910e582fc353", "text": "on pricing and higher cost of sales. We may also experience downward pressure on our operating margins from increasing regulations, increasing competition, and increasing costs for many aspects of our business. Further, certain of our costs and expenses are generally less variable in nature and may not correlate to changes in revenue. Additionally, in conjunction with our efforts to re-engineer costs, we may not be able to execute these efforts in a timely manner or these efforts may not be successful. Due to these factors and the evolving nature of our business, our historical revenue growth rate and historical operating margin may not be indicative of our future performance. For additional information, see Trends in Our Business and Financial Effect and Revenues and Monetization Metrics in Part II, Item 7 of this Annual Report on Form 10-K. \nOur intellectual property rights are valuable, and any inability to protect them could reduce the value of our products, services, \nand brands as well as affect our ability to compete. \nOur patents, trademarks, trade secrets, copyrights, and other intellectual property rights are important assets for us. Various events \noutside of our control pose a threat to our intellectual property rights, as well as to our products, services, and technologies. For example, effective intellectual property protection may not be available in every country in which our products and services are distributed or made available through the Internet. Also, the efforts we have taken to protect our proprietary rights may not be sufficient or effective. Although we seek to obtain patent protection for our innovations, it is possible we may not be able to protect some of these innovations. Moreover, we may not have adequate patent or copyright protection for certain innovations that later turn out to be important. There is always the possibility that the scope of the protection gained will be insufficient or that an issued patent may be deemed invalid or unenforceable.", "start_char_idx": 4338, "end_char_idx": 6355, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "045ac638-9274-406a-bcff-cf7d936a13e0": {"__data__": {"id_": "045ac638-9274-406a-bcff-cf7d936a13e0", "embedding": null, "metadata": {"page_label": "46", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "df08bb1c-a89f-4262-8a59-006fd29a29f5", "node_type": null, "metadata": {"page_label": "46", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "21e34e1b8bff86f06f018ca5105c57106f14937d318474d03dd32a4b67aea03c"}, "3": {"node_id": "40bf818e-17d2-48c2-b3eb-07f5abca701f", "node_type": null, "metadata": {"page_label": "46", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "2f7a351b5a0d5b3a0a189b1747d924cfc9e5e79ac7096afc8c006b22da9583ca"}}, "hash": "6443c6a472c4e9479fe604cb5d3cabc9a0171203a85a37239a70112d66454f5a", "text": "8 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01A\u00a0\u00a0 RISK FACTORS\nWe also seek to maintain certain intellectual property as trade secrets. The secrecy of such trade secrets and other sensitive \ninformation could be compromised, which could cause us to lose the competitive advantage resulting from these trade secrets. We also face risks associated with our trademarks. For example, there is a risk that the word \u201cGoogle\u201d could become so commonly \nused that it becomes synonymous with the word \u201csearch.\u201d Some courts have ruled that \u201cGoogle\u201d is a protectable trademark, but it \nis possible that other courts, particularly those outside of the U.S., may reach a different determination. If this happens, we could \nlose protection for this trademark, which could result in other people using the word \u201cGoogle\u201d to refer to their own products, thus diminishing our brand. \nAny significant impairment of our intellectual property rights could harm our business and our ability to compete. Also, protecting \nour intellectual property rights is costly and time consuming. Any increase in the unauthorized use of our intellectual property could make it more expensive to do business and harm our financial condition and operating results. \nOur business depends on strong brands, and failing to maintain and enhance our brands would hurt our ability to expand our \nbase of users, advertisers, customers, content providers, and other partners. \nOur strong brands have significantly contributed to the success of our business. Maintaining and enhancing the brands within Google \nServices, Google Cloud, and Other Bets increases our ability to enter new categories and launch new and innovative products and services that better serve the needs of our users, advertisers, customers, content providers, and other partners. Our brands have been, and may in the future be, negatively affected by a number of factors, including, among others, reputational issues, third-party content shared on our platforms, data privacy and security issues and developments, and product or technical performance failures. For example, if we fail to respond appropriately to the sharing of misinformation or objectionable content on our services and/or products or objectionable practices by advertisers, or otherwise to adequately address user concerns, our users may lose confidence in our brands. \nFurthermore, failure to maintain and enhance our brands could harm our business, reputation, financial condition, and operating \nresults. Our success will depend largely on our ability to remain a technology leader and continue to provide high-quality, trustworthy, innovative products and services that are truly useful and play a valuable role in a range of settings. \nWe face a number of manufacturing and supply chain risks that could harm our business, financial condition, and operating results. \nWe face a number of risks related to manufacturing and supply chain management, which could affect our ability to supply both \nour products and our services. \nWe rely on contract manufacturers to manufacture or assemble our hardware products and servers and networking equipment used \nin our technical infrastructure, and we may supply the contract manufacturers with components to assemble the hardware products \nand equipment. We also rely on other companies to participate in the distribution of our products and services. Our business could \nbe negatively affected if we are not able to engage these companies with the necessary capabilities or capacity on reasonable terms, \nor if those we engage fail to meet their obligations (whether due to financial difficulties or other reasons), or make adverse changes \nin the pricing or other material terms of our arrangements with them. \nWe have experienced and/or may in the future experience supply shortages, price increases, and/or longer lead times that could \nnegatively affect our operations, driven by raw material, component availability, manufacturing capacity, labor shortages, industry allocations, logistics capacity, inflation, foreign currency exchange rates, tariffs, sanctions and export controls, trade disputes and barriers, geopolitical tensions, armed conflicts, natural disasters or pandemics, the effects of climate change (such as sea level rise, \ndrought, flooding, heat waves, wildfires and resultant air quality effects", "start_char_idx": 0, "end_char_idx": 4363, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "40bf818e-17d2-48c2-b3eb-07f5abca701f": {"__data__": {"id_": "40bf818e-17d2-48c2-b3eb-07f5abca701f", "embedding": null, "metadata": {"page_label": "46", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "df08bb1c-a89f-4262-8a59-006fd29a29f5", "node_type": null, "metadata": {"page_label": "46", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "21e34e1b8bff86f06f018ca5105c57106f14937d318474d03dd32a4b67aea03c"}, "2": {"node_id": "045ac638-9274-406a-bcff-cf7d936a13e0", "node_type": null, "metadata": {"page_label": "46", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "6443c6a472c4e9479fe604cb5d3cabc9a0171203a85a37239a70112d66454f5a"}}, "hash": "2f7a351b5a0d5b3a0a189b1747d924cfc9e5e79ac7096afc8c006b22da9583ca", "text": "\ndrought, flooding, heat waves, wildfires and resultant air quality effects and power shutoffs associated with wildfire prevention, and \nincreased storm severity), power loss, and significant changes in the financial or business condition of our suppliers. In addition, \nsome of the components we use in our technical infrastructure and our hardware products are available from only one or limited sources, and we may not be able to find replacement vendors on favorable terms in the event of a supply chain disruption. A significant supply interruption that affects us or our vendors could delay critical data center upgrades or expansions and delay \nconsumer product availability. \nWe may enter into long-term contracts for materials and products that commit us to significant terms and conditions. We may \nface costs for materials and products that are not consumed due to market demand, technological change, changed consumer \npreferences, quality, product recalls, and warranty issues. For instance, because certain of our hardware supply contracts have \nvolume-based pricing or minimum purchase requirements, if the volume of our hardware sales decreases or does not reach projected \ntargets, we could face increased materials and manufacturing costs or other financial liabilities that could make our products more costly per unit to manufacture and harm our financial condition and operating results. Furthermore, certain of our competitors may negotiate more favorable contractual terms based on volume and other commitments that may provide them with competitive \nadvantages and may affect our supply.", "start_char_idx": 4288, "end_char_idx": 5899, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "cd39217a-274f-4ebf-85b4-e1c1ed5cbc52": {"__data__": {"id_": "cd39217a-274f-4ebf-85b4-e1c1ed5cbc52", "embedding": null, "metadata": {"page_label": "47", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9dc6538b-cfe1-4852-a829-e4dc9950546c", "node_type": null, "metadata": {"page_label": "47", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "9682df16d18452e122bf571f77c7e4e7f7e552c5c86a4f8c2d8d9ef5566d6481"}, "3": {"node_id": "501b5442-04a3-4b9c-8845-aac37ba618a1", "node_type": null, "metadata": {"page_label": "47", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "08937744a89255a83af6994783ca537a5d6a095b72368149214d9f312d80f0a7"}}, "hash": "2d72ba866a0af160da9e04ae74ba4e2497e109f28e27abfd2c290ccb5c44c0d9", "text": "9 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01A\u00a0\u00a0 RISK FACTORS\nOur products and services have had, and in the future may have, quality issues resulting from design, manufacturing, or operations. \nSometimes, these issues may be caused by components we purchase from other manufacturers or suppliers. If the quality of our \nproducts and services does not meet expectations or our products or services are defective, it could harm our reputation, financial \ncondition, and operating results. \nWe require our suppliers and business partners to comply with laws and, where applicable, our company policies and practices, such \nas the Google Supplier Code of Conduct, regarding workplace and employment practices, data security, environmental compliance, and intellectual property licensing, but we do not control them or their practices. Violations of law or unethical business practices could result in supply chain disruptions, canceled orders, harm to key relationships, and damage to our reputation. Their failure to procure necessary license rights to intellectual property could affect our ability to sell our products or services and expose us to litigation or financial claims. \nInterruption to, interference with, or failure of our complex information technology and communications systems could hurt our \nability to effectively provide our products and services, which could harm our reputation, financial condition, and operating results. \nThe availability of our products and services and fulfillment of our customer contracts depend on the continuing operation of our \ninformation technology and communications systems. Our systems are vulnerable to damage, interference, or interruption from \nmodifications or upgrades, terrorist attacks, state-sponsored attacks, natural disasters or pandemics, geopolitical tensions or armed conflicts, the effects of climate change (such as sea level rise, drought, flooding, heat waves, wildfires and resultant air quality effects and power shutoffs associated with wildfire prevention, and increased storm severity), power loss, telecommunications failures, \ncomputer viruses, software bugs, ransomware attacks, computer denial of service attacks, phishing schemes, or other attempts to \nharm or access our systems. Some of our data centers are located in areas with a high risk of major earthquakes or other natural \ndisasters. Our data centers are also subject to break-ins, sabotage, and intentional acts of vandalism, and, in some cases, to potential disruptions resulting from problems experienced by facility operators or disruptions as a result of geopolitical tensions and conflicts happening in the area. Some of our systems are not fully redundant, and disaster recovery planning cannot account for all eventualities. The occurrence of a natural disaster or pandemic, closure of a facility, or other unanticipated problems affecting our data centers could result in lengthy interruptions in our service. In addition, our products and services are highly technical and complex and have contained in the past, and may contain in the future, errors or vulnerabilities, which could result in interruptions in or failure of our services or systems. Any of these incidents could impede or prevent us from effectively offering products and providing services, which could harm our reputation, financial condition, and operating results. \nOur international operations expose us to additional risks that could harm our business, financial condition, and operating results.\nOur international operations are significant to our revenues and net income, and we plan to continue to grow internationally. International \nrevenues accounted for approximately 51% of our consolidated revenues in 2022. In addition to risks described elsewhere in this section, our international operations expose us to other risks, including the following:\n\tzrestrictions on foreign ownership and investments, and stringent foreign exchange controls that might prevent us from repatriating cash earned in countries outside the U.S.;\n\tzimport and export requirements, tariffs, and other market access barriers that may prevent or impede us from offering products or \nproviding services to a particular market, or that could limit our ability to source assemblies and finished products from a particular \nmarket, and may increase our operating costs;\n\tzlonger payment cycles", "start_char_idx": 0, "end_char_idx": 4394, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "501b5442-04a3-4b9c-8845-aac37ba618a1": {"__data__": {"id_": "501b5442-04a3-4b9c-8845-aac37ba618a1", "embedding": null, "metadata": {"page_label": "47", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9dc6538b-cfe1-4852-a829-e4dc9950546c", "node_type": null, "metadata": {"page_label": "47", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "9682df16d18452e122bf571f77c7e4e7f7e552c5c86a4f8c2d8d9ef5566d6481"}, "2": {"node_id": "cd39217a-274f-4ebf-85b4-e1c1ed5cbc52", "node_type": null, "metadata": {"page_label": "47", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "2d72ba866a0af160da9e04ae74ba4e2497e109f28e27abfd2c290ccb5c44c0d9"}}, "hash": "08937744a89255a83af6994783ca537a5d6a095b72368149214d9f312d80f0a7", "text": "\nmarket, and may increase our operating costs;\n\tzlonger payment cycles in some countries, increased credit risk, and higher levels of payment fraud;\n\tzan evolving foreign policy landscape that may adversely affect our revenues and could subject us to new regulatory costs and \nchallenges (including new customer requirements), in addition to other adverse effects that we are unable to effectively anticipate;\n\tzsanctions, export controls, and trade restrictions that limit our ability to operate in certain jurisdictions or to comply with local laws, including as a result of geopolitical tensions or armed conflicts, such as the ongoing conflict in Ukraine;\n\tzpolitical unrest, conflict, and changes in governmental regimes that may adversely affect demand and usage of our products and services, may limit the ability for people in certain areas to access and use our products and services, or may impede us from \noffering products or providing services to a particular market; \n\tzanti-corruption laws, such as the U.S. Foreign Corrupt Practices Act, and other local laws prohibiting certain payments to government \nofficials, violations of which could result in civil and criminal penalties;\n\tzuncertainty regarding regulatory outcomes and other liabilities, including uncertainty as a result of local laws, insufficient due process, and lack of legal precedent; and\n\tzdifferent employee/employer relationships, existence of works councils and labor unions, and other challenges caused by distance, \nlanguage, and cultural differences, making it harder to do business in certain jurisdictions.", "start_char_idx": 4324, "end_char_idx": 5921, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c71725c7-bfa4-44e5-90ec-bef23868aa36": {"__data__": {"id_": "c71725c7-bfa4-44e5-90ec-bef23868aa36", "embedding": null, "metadata": {"page_label": "48", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "cc370dc1-8c28-4eab-8ca6-fa65bb69a863", "node_type": null, "metadata": {"page_label": "48", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "a473a1aa43c2254020d2fd13cf3ba9cda1b89f55e4dd027aed1b9851463defc2"}, "3": {"node_id": "36e36ff8-d6cf-4302-8031-d7d3c6b5e150", "node_type": null, "metadata": {"page_label": "48", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "7fad8aa080454d4a143a8e14e659ff463aea63d14c4e4f8089e1464d6cea64d4"}}, "hash": "fede367657d2ed6cd26b2e50e5a1a5f77e730d04aa8f0cc53e4df72b63d4e3fb", "text": "10 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01A\u00a0\u00a0 RISK FACTORS\nBecause we conduct business in currencies other than U.S. dollars but report our financial results in U.S. dollars, we have faced, and \nwill continue to face, exposure to fluctuations in foreign currency exchange rates. Although we hedge a portion of our international \ncurrency exposure, significant fluctuations in exchange rates between the U.S. dollar and foreign currencies may adversely affect \nour revenues and earnings. Hedging programs are also inherently risky and could expose us to additional risks that could harm our \nfinancial condition and operating results. \nWe are exposed to fluctuations in the fair values of our investments and, in some instances, our financial statements incorporate \nvaluation methodologies that are subjective in nature resulting in fluctuations over time. \nThe fair value of our investments may in the future be, and certain investments have been in the past, negatively affected by liquidity, \ncredit deterioration or losses, performance and financial results of the underlying entities, foreign exchange rates, changes in interest rates, including changes that may result from the implementation of new benchmark rates, the effect of new or changing regulations, \nthe stock market in general, or other factors. \nWe measure certain of our non-marketable equity and debt securities, certain other instruments including stock-based compensation \nawards settled in the stock of certain Other Bets, and certain assets and liabilities acquired in a business combination, at fair value on a nonrecurring basis. The determination of fair value involves use of appropriate valuation methods and certain unobservable inputs, requires management judgment and estimation, and may change over time. We adjust the carrying value of our non-marketable equity securities to fair value for observable transactions of identical or similar investments of the same issuer or for impairments. All gains and losses on non-marketable equity securities, are recognized in other income (expense), which increases the volatility of our other income (expense). The unrealized gains and losses we record from fair value remeasurements of our non-marketable equity securities in any particular period may differ significantly from the gains or losses we ultimately realize on such investments. \nAs a result of these factors, the value of our investments could decline, which could harm our financial condition and operating results. \nRisks Related to our Industry \nPeople access the Internet through a variety of platforms and devices that continue to evolve with the advancement of \ntechnology and user preferences. If manufacturers and users do not widely adopt versions of our products and services \ndeveloped for these interfaces, our business could be harmed. \nPeople access the Internet through a growing variety of devices such as desktop computers, mobile phones, smartphones, laptops \nand tablets, video game consoles, voice-activated speakers, wearables, automobiles, and television-streaming devices. Our products and services may be less popular on some interfaces. Each manufacturer or distributor may establish unique technical standards for its devices, and our products and services may not be available or may only be available with limited functionality for our users or our advertisers on these devices as a result. Some manufacturers may also elect not to include our products on their devices. In addition, search queries may be undertaken via voice-activated search, apps, social media or other platforms, which could harm our business. It is hard to predict the challenges we may encounter in adapting our products and services and developing competitive new products and services. We expect to continue to devote significant resources to creating and supporting products and services across multiple platforms and devices. Failing to attract and retain a substantial number of new device manufacturers, suppliers, distributors, developers, and users, or failing to develop products and technologies that work well on new devices and platforms, could harm our business, financial condition, and operating results and ability to capture future business opportunities. \nData privacy and security concerns relating to our technology and our practices could harm our reputation, cause us to incur \nsignificant liability, and deter current and potential users", "start_char_idx": 0, "end_char_idx": 4456, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "36e36ff8-d6cf-4302-8031-d7d3c6b5e150": {"__data__": {"id_": "36e36ff8-d6cf-4302-8031-d7d3c6b5e150", "embedding": null, "metadata": {"page_label": "48", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "cc370dc1-8c28-4eab-8ca6-fa65bb69a863", "node_type": null, "metadata": {"page_label": "48", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "a473a1aa43c2254020d2fd13cf3ba9cda1b89f55e4dd027aed1b9851463defc2"}, "2": {"node_id": "c71725c7-bfa4-44e5-90ec-bef23868aa36", "node_type": null, "metadata": {"page_label": "48", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "fede367657d2ed6cd26b2e50e5a1a5f77e730d04aa8f0cc53e4df72b63d4e3fb"}}, "hash": "7fad8aa080454d4a143a8e14e659ff463aea63d14c4e4f8089e1464d6cea64d4", "text": "cause us to incur \nsignificant liability, and deter current and potential users or customers from using our products and services. Computer viruses, software bugs or defects, security breaches, and attacks on our systems could result in the improper disclosure and use of user data \nand interference with our users\u2019 and customers\u2019 ability to use our products and services, harming our business and reputation. \nConcerns about, including the adequacy of, our practices with regard to the collection, use, governance, disclosure, or security of \npersonal data or other data-privacy-related matters, even if unfounded, could harm our business, reputation, financial condition, and operating results. Our policies and practices may change over time as expectations and regulations regarding privacy and data change. \nOur products and services involve the storage, handling, and transmission of proprietary and other sensitive information. Software \nbugs, theft, misuse, defects, vulnerabilities in our products and services, and security breaches expose us to a risk of loss or improper use and disclosure of such information, which could result in litigation and other potential liabilities, including regulatory fines and penalties, as well as reputational harm. Additionally, our products incorporate highly technical and complex technologies, and thus our technologies and software have contained, and are likely in the future to contain, undetected errors, bugs, and/or vulnerabilities. We have in the past discovered, and may in the future discover, some errors in our software code only after we have released the code. Systems and control failures, security breaches, failure to comply with our privacy policies, and/or inadvertent disclosure of", "start_char_idx": 4377, "end_char_idx": 6126, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f2b3d6c0-6671-480a-985b-124f90094a47": {"__data__": {"id_": "f2b3d6c0-6671-480a-985b-124f90094a47", "embedding": null, "metadata": {"page_label": "49", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "33950d5a-aa80-4004-b079-f8e4d18215be", "node_type": null, "metadata": {"page_label": "49", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "07f4c62f7923d6084f49fc450bc4861eae36b062e23f1e7b3905ae658032a00a"}, "3": {"node_id": "f3bf1135-374b-4e9b-a5a1-5340e807f392", "node_type": null, "metadata": {"page_label": "49", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "bb121c8cd848bdd02dcad9c5c629bfe7d77cb3569d1cf2960b46c9723e93a316"}}, "hash": "21ca55e487e15f9ed60dc8dea6cf871d3ceefebd6a1575ed19f36db2557192ee", "text": "11 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01A\u00a0\u00a0 RISK FACTORS\nuser data could result in government and legal exposure, seriously harm our reputation, brand, and business, and impair our ability \nto attract and retain users or customers. Such incidents have occurred in the past and may continue to occur due to the scale and \nnature of our products and services. While there is no guarantee that such incidents will not cause significant damage, we expect \nto continue to expend significant resources to maintain security protections that limit the effect of bugs, theft, misuse, and security \nvulnerabilities or breaches. \nWe experience cyber attacks and other attempts to gain unauthorized access to our systems on a regular basis. Cyber attacks \ncontinue to evolve in sophistication and volume, and inherently may be difficult to detect for long periods of time. We have seen, and will continue to see, industry-wide software supply chain vulnerabilities, such as the Log4j vulnerability reported in December 2021, \nwhich could affect our or other parties\u2019 systems. We expect to continue to experience such incidents or vulnerabilities in the future. \nOur efforts to address undesirable activity on our platform may also increase the risk of retaliatory attack. In addition, we face the risk \nof cyber attacks by nation-states and state-sponsored actors. These attacks may target us or our customers, particularly our public sector customers (including federal, state, and local governments). Geopolitical tensions or armed conflicts, such as the ongoing conflict in Ukraine, may increase these risks. \nWe may experience security issues, whether due to employee or insider error or malfeasance, system errors, or vulnerabilities in our \nor other parties\u2019 systems. While we may not determine some of these issues to be material at the time they occur and may remedy them quickly, there is no guarantee that these issues will not ultimately result in significant legal, financial, and reputational harm, including government inquiries, enforcement actions, litigation, and negative publicity. There is also no guarantee that a series of issues may not be determined to be material at a later date in the aggregate, even if they may not be material individually at the time of their occurrence. Because the techniques used to obtain unauthorized access to, disable or degrade service provided by or otherwise sabotage systems change frequently and often are recognized only after being launched against a target, even taking all reasonable precautions, including those required by law, we have been unable in the past and may continue to be unable to anticipate or detect attacks or vulnerabilities or implement adequate preventative measures. \nFurther, if any partners with whom we share user or other customer information fail to implement adequate data-security practices, \nfail to comply with our terms and policies, or otherwise suffer a network or other security breach, our users\u2019 data may be improperly accessed, used, or disclosed. If an actual or perceived breach of our or our business partners\u2019 or service providers\u2019 security occurs, the market perception of the effectiveness of our security measures would be harmed, we could lose users and customers, our trade secrets or those of our business partners may be compromised, and we may be exposed to significant legal and financial risks, including legal claims (which may include class-action litigation) and regulatory actions, fines, and penalties. Any of the foregoing consequences could harm our business, reputation, financial condition, and operating results. \nWhile we have dedicated significant resources to privacy and security incident response capabilities, including dedicated worldwide \nincident response teams, our response process, particularly during times of a natural disaster or pandemic, may not be adequate, may fail to accurately assess the severity of an incident, may not be fast enough to prevent or limit harm, or may fail to sufficiently remediate an incident. As a result, we may suffer significant legal, reputational, or financial exposure, which could harm our business, financial condition, and operating results. \nFor additional information, see also our risk factor on privacy", "start_char_idx": 0, "end_char_idx": 4276, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f3bf1135-374b-4e9b-a5a1-5340e807f392": {"__data__": {"id_": "f3bf1135-374b-4e9b-a5a1-5340e807f392", "embedding": null, "metadata": {"page_label": "49", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "33950d5a-aa80-4004-b079-f8e4d18215be", "node_type": null, "metadata": {"page_label": "49", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "07f4c62f7923d6084f49fc450bc4861eae36b062e23f1e7b3905ae658032a00a"}, "2": {"node_id": "f2b3d6c0-6671-480a-985b-124f90094a47", "node_type": null, "metadata": {"page_label": "49", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "21ca55e487e15f9ed60dc8dea6cf871d3ceefebd6a1575ed19f36db2557192ee"}}, "hash": "bb121c8cd848bdd02dcad9c5c629bfe7d77cb3569d1cf2960b46c9723e93a316", "text": "and operating results. \nFor additional information, see also our risk factor on privacy and data protection regulations under \u2018Risks Related to Laws, Regulations, \nand Policies\u2019 below.\nOur ongoing investments in safety, security, and content review will likely continue to identify abuse of our platforms and misuse \nof user data. \nIn addition to our efforts to prevent and mitigate cyber attacks, we are making significant investments in safety, security, and review \nefforts to combat misuse of our services and unauthorized access to user data by third parties, including investigation and review of platform applications that could access the information of users of our services. As a result of these efforts, we have in the past discovered, and may in the future discover, incidents of unnecessary access to or misuse of user data or other undesirable activity by third parties. However, we may not have discovered, and may in the future not discover, all such incidents or activity, whether as a result of our data limitations, including our lack of visibility over our encrypted services, the scale of activity on our platform, or other factors, including factors outside of our control such as a natural disaster or pandemic, and we may learn of such incidents or activity via third parties. Such incidents and activities may include the use of user data or our systems in a manner inconsistent with our terms, contracts or policies, the existence of false or undesirable user accounts, election interference, improper ad purchases, activities that threaten people\u2019s safety on- or off-line, or instances of spamming, scraping, or spreading disinformation. While we may not determine some of these incidents to be material at the time they occurred and we may remedy them quickly, there is no guarantee that these issues will not ultimately result in significant legal, financial, and reputational harm, including government inquiries and enforcement actions, litigation, and negative publicity. There is also no guarantee that a series of issues may not be determined to be material at a later date in the aggregate, even if they may not be material individually at the time of their occurrence.", "start_char_idx": 4189, "end_char_idx": 6393, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "98829b85-5ce7-490d-a7b5-e7029b77c64e": {"__data__": {"id_": "98829b85-5ce7-490d-a7b5-e7029b77c64e", "embedding": null, "metadata": {"page_label": "50", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ed9c4490-8860-4bd7-aa0a-d0613191a84a", "node_type": null, "metadata": {"page_label": "50", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "17fb08065b77081c4c1c11c6f0c84b2f50d14e562dbd779879bb07aedf17bbb2"}, "3": {"node_id": "e708f0fe-b5d7-49ac-937e-bccfb1c34c22", "node_type": null, "metadata": {"page_label": "50", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "0097217d933b5594c19b91a9fc7b8651128b68dd79229c2d9ecd05fe6d5024d4"}}, "hash": "012dbc7dfde16202ae21f0bfec755b680e2e8f4dca7e086b6aa5e9900a119df8", "text": "12 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01A\u00a0\u00a0 RISK FACTORS\nWe may also be unsuccessful in our efforts to enforce our policies or otherwise prevent or remediate any such incidents. Any of the \nforegoing developments may negatively affect user trust and engagement, harm our reputation and brands, require us to change \nour business practices in ways that harm our business operations, and adversely affect our business and financial results. Any such \ndevelopments may also subject us to additional litigation and regulatory inquiries, which could result in monetary penalties and \ndamages, divert management\u2019s time and attention, and lead to enhanced regulatory oversight. \nProblematic content on our platforms, including low-quality user-generated content, web spam, content farms, and other \nviolations of our guidelines could affect the quality of our services, which could harm our reputation and deter our current and potential users from using our products and services. \nWe, like others in the industry, face violations of our content guidelines across our platforms, including sophisticated attempts by \nbad actors to manipulate our hosting and advertising systems to fraudulently generate revenues, or to otherwise generate traffic that does not represent genuine user interest or intent. While we invest significantly in efforts to promote high-quality and relevant results \nand to detect and prevent low-quality content and invalid traffic, we have been unable and may continue to be unable to detect and \nprevent all such abuses or promote uniformly high-quality content. \nMany websites violate or attempt to violate our guidelines, including by seeking to inappropriately rank higher in search results than \nour search engine\u2019s assessment of their relevance and utility would rank them. Such efforts have affected, and may continue to affect, the quality of content on our platforms and lead them to display false, misleading, or undesirable content. Although English-language web spam in our search results has been reduced, and web spam in most other languages is limited, we expect web spammers will continue to seek inappropriate ways to improve their rankings. We continuously combat web spam in our search results, including through indexing technology that makes it harder for spam-like, less useful web content to rank highly. We also continue to invest in and deploy proprietary technology to detect and prevent web spam on our platforms. We also face other challenges from low-quality and irrelevant content websites, including content farms, which are websites that generate large quantities of low-quality content to help them improve their search rankings. We are continually launching algorithmic changes designed to detect and prevent abuse from low-quality websites. We also face other challenges on our platforms, including violations of our content guidelines involving incidents such as attempted election interference, activities that threaten the safety and/or well-being of our users on- or off-line, and the spreading of misinformation or disinformation. \nIf we fail to either detect and prevent an increase in problematic content or effectively promote high-quality content, it could hurt \nour reputation for delivering relevant information or reduce use of our platforms, harming our financial condition and operating \nresults. It may also subject us to litigation and regulatory actions, which could result in monetary penalties and damages and divert management\u2019s time and attention. \nOur business depends on continued and unimpeded access to the Internet by us and our users. Internet access providers may \nbe able to restrict, block, degrade, or charge for access to certain of our products and services, which could lead to additional expenses and the loss of users and advertisers. \nOur products and services depend on the ability of our users to access the Internet, and certain of our products require significant \nbandwidth to work effectively. Currently, this access is provided by companies that have significant market power in the broadband and internet access marketplace, including incumbent telephone companies, cable companies, mobile communications companies, and government-owned service providers. Some of these providers have taken, or have stated that they may take, measures that could degrade,", "start_char_idx": 0, "end_char_idx": 4360, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e708f0fe-b5d7-49ac-937e-bccfb1c34c22": {"__data__": {"id_": "e708f0fe-b5d7-49ac-937e-bccfb1c34c22", "embedding": null, "metadata": {"page_label": "50", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ed9c4490-8860-4bd7-aa0a-d0613191a84a", "node_type": null, "metadata": {"page_label": "50", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "17fb08065b77081c4c1c11c6f0c84b2f50d14e562dbd779879bb07aedf17bbb2"}, "2": {"node_id": "98829b85-5ce7-490d-a7b5-e7029b77c64e", "node_type": null, "metadata": {"page_label": "50", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "012dbc7dfde16202ae21f0bfec755b680e2e8f4dca7e086b6aa5e9900a119df8"}}, "hash": "0097217d933b5594c19b91a9fc7b8651128b68dd79229c2d9ecd05fe6d5024d4", "text": "providers have taken, or have stated that they may take, measures that could degrade, disrupt, or increase the cost of user access to certain of our products by restricting or prohibiting the use of their infrastructure to support or facilitate our offerings, by charging increased fees to us or our users to provide our offerings, or by providing our competitors preferential access. Some jurisdictions have adopted regulations prohibiting certain forms of discrimination by internet access providers; however, substantial uncertainty exists in the U.S. and elsewhere regarding such protections. For example, in 2018 the U.S. Federal Communications Commission repealed net neutrality rules, which could permit internet access providers to restrict, block, degrade, or charge for access to certain of our products and services. In addition, in some jurisdictions, our products and services have been subject to government-initiated restrictions or blockages. These could harm existing key relationships, including with our users, customers, advertisers, and/or content providers, and impair our ability to attract new ones; harm our reputation; and increase costs, thereby negatively affecting our business.", "start_char_idx": 4275, "end_char_idx": 5482, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d4f4cb04-bf72-408b-95ad-f19dc3310b7e": {"__data__": {"id_": "d4f4cb04-bf72-408b-95ad-f19dc3310b7e", "embedding": null, "metadata": {"page_label": "51", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "588d17bc-178b-418f-ada2-bc166e4c9195", "node_type": null, "metadata": {"page_label": "51", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "b06c787db6caaab440b7a8951f3952958118f5165599c281c3ebca72d5a3bc05"}, "3": {"node_id": "6d1ab6c7-ff47-4f9e-8dfe-4ad157104033", "node_type": null, "metadata": {"page_label": "51", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "5caaa4772733344a9a7cec5e6230a5d068acbb03892426cec998baee1903258f"}}, "hash": "a50a7e4bd68b5de702a5d4ccf3a35f2ea85caa5eecb92614064467407cee558f", "text": "13 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01A\u00a0\u00a0 RISK FACTORS\nRisks Related to Laws, Regulations, and Policies \nWe are subject to a variety of new, existing, and changing laws and regulations worldwide that could harm our business, and will \nlikely be subject to an even broader scope of laws and regulations as we continue to expand our business. \nWe are subject to numerous U.S. and foreign laws and regulations covering a wide variety of subjects, and our introduction of new \nbusinesses, products, services, and technologies will likely continue to subject us to additional laws and regulations. In recent years, \ngovernments around the world have proposed and adopted a large number of new laws and regulations relevant to the digital \neconomy, particularly in the areas of data privacy and security, competition, and online content. The costs of compliance with these \nmeasures are high and are likely to increase in the future. \nNew or changing laws and regulations, or new interpretations or applications of existing laws and regulations in a manner inconsistent \nwith our practices, have resulted in, and may continue to result in, less useful products and services, altered business practices, limited ability to pursue certain business models or offer certain products and services, substantial costs, and civil or criminal liability. Examples include laws and regulations regarding: \n\tzCompetition and technology platforms\u2019 business practices: Laws and regulations focused on large technology platforms, including \nthe Digital Markets Act in the European Union (EU); regulations in South Korea and elsewhere that affect Google Play\u2019s billing \npolicies, fees, and business model; as well as regulations under consideration in a range of jurisdictions.\n\tzData privacy, collection, and processing:  Laws and regulations further restricting the collection, processing, and/or sharing of user \nor advertising-related data, including privacy and data protection laws, laws affecting the processing of children\u2019s data (as\u00a0discussed further below), data breach notification laws, and laws limiting data transfers (including data localization laws). \n\tzCopyright and other intellectual property: Copyright and related laws, including the EU Directive on Copyright in the Digital Single \nMarket and European Economic Area transpositions, which may introduce new licensing regimes, increase liability with respect \nto content uploaded by users or linked to from our platforms, or create property rights in news publications that could require \npayments to news agencies and publishers. \n\tzContent moderation:  Various laws covering content moderation and removal, and related disclosure obligations, such as the EU\u2019s \nDigital Services Act, Florida\u2019s Senate Bill 7072 and Texas\u2019 House Bill 20, and laws and proposed legislation in Singapore, Australia, \nand the United Kingdom that impose penalties for failure to remove certain types of content or require disclosure of information about the operation of our services and algorithms, which may make it harder for services like Google Search and YouTube to detect and deal with low-quality, deceptive, or harmful content.\n\tzConsumer protection:  Consumer protection laws, including the EU\u2019s New Deal for Consumers, which could result in monetary \npenalties and create a range of new compliance obligations.\nIn addition, the applicability and scope of these and other laws and regulations, as interpreted by the courts, remain uncertain and \ncould be interpreted in ways that harm our business. For example, we rely on statutory safe harbors, like those set forth in the \nDigital Millennium Copyright Act and Section 230 of the Communications Decency Act in the U.S. and the E-Commerce Directive in Europe, to protect against liability for various linking, caching, ranking, recommending, and hosting activities. Legislation or court rulings affecting these safe harbors may adversely affect us and may impose significant operational challenges. There are legislative \nproposals and pending litigation in the U.S. (such as Gonzalez v. Google ), EU, and around the world that could diminish or eliminate \nsafe harbor protection for websites and online platforms. \nWe are and may continue to be subject to", "start_char_idx": 0, "end_char_idx": 4254, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6d1ab6c7-ff47-4f9e-8dfe-4ad157104033": {"__data__": {"id_": "6d1ab6c7-ff47-4f9e-8dfe-4ad157104033", "embedding": null, "metadata": {"page_label": "51", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "588d17bc-178b-418f-ada2-bc166e4c9195", "node_type": null, "metadata": {"page_label": "51", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "b06c787db6caaab440b7a8951f3952958118f5165599c281c3ebca72d5a3bc05"}, "2": {"node_id": "d4f4cb04-bf72-408b-95ad-f19dc3310b7e", "node_type": null, "metadata": {"page_label": "51", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "a50a7e4bd68b5de702a5d4ccf3a35f2ea85caa5eecb92614064467407cee558f"}}, "hash": "5caaa4772733344a9a7cec5e6230a5d068acbb03892426cec998baee1903258f", "text": "protection for websites and online platforms. \nWe are and may continue to be subject to claims, lawsuits, regulatory and government investigations, enforcement actions, \nconsent orders, and other forms of regulatory scrutiny and legal liability that could harm our business, reputation, financial \ncondition, and operating results.\nWe are subject to claims, lawsuits, regulatory and government investigations, other proceedings, and consent orders involving \ncompetition, intellectual property, data privacy and security, tax and related compliance, labor and employment, commercial disputes, content generated by our users, goods and services offered by advertisers or publishers using our platforms, personal injury, and other matters. We also are subject to a variety of claims including product warranty, product liability, and consumer protection claims related to product defects, among other litigation, and we may also be subject to claims involving health and safety, hazardous materials usage, other environmental effects, or service disruptions or failures. Claims have been brought, and we expect will continue to be brought, against us for defamation, negligence, breaches of contract, copyright and trademark infringement, unfair competition, unlawful activity, torts, privacy rights violations, fraud, or other legal theories based on the nature and content of information available on or via our services or due to our involvement in hosting, transmitting, marketing, branding, or providing access to content created by third parties.", "start_char_idx": 4167, "end_char_idx": 5717, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "18f6f3be-5385-4831-828c-5dfa88926438": {"__data__": {"id_": "18f6f3be-5385-4831-828c-5dfa88926438", "embedding": null, "metadata": {"page_label": "52", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3a075b6d-ca23-423a-bb1d-d57c374809d2", "node_type": null, "metadata": {"page_label": "52", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "376f006b96c75c70f6fbefc46826e288b8c4f659890314e3d80eeefec0d03e9e"}, "3": {"node_id": "40614201-d2ee-459b-a566-37fa59d2f41b", "node_type": null, "metadata": {"page_label": "52", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "4c880b1051d897baa1e59e730e6768a62283c63a9489fcb334eb1021191c3d80"}}, "hash": "620211bd83451b12304bb77e7ed828c5551ea1db233d2660445f2f1d43a637ef", "text": "14 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01A\u00a0\u00a0 RISK FACTORS\nFor example, the U.S. Department of Justice, various U.S. states, and other plaintiffs have filed several antitrust lawsuits about various \naspects of our business, including our advertising technologies and practices, the operation and distribution of Google Search, and \nthe operation and distribution of the Android operating system and Play Store. Other regulatory agencies in the U.S. and around the \nworld, including competition enforcers, consumer protection agencies, and data protection authorities, have challenged and may \ncontinue to challenge our business practices and compliance with laws and regulations. We are cooperating with these investigations and defending litigation where appropriate. Various laws, regulations, investigations, enforcement lawsuits, and regulatory actions have in the past, and may in the future result in substantial fines and penalties, injunctive relief, ongoing monitoring and auditing \nobligations, changes to our products and services, alterations to our business models and operations, and collateral related civil \nlitigation or other adverse consequences, all of which could harm our business, reputation, financial condition, and operating results. \nAny of these legal proceedings could result in legal costs, diversion of management resources, negative publicity and other harms to \nour business. Estimating liabilities for our pending litigation is a complex, fact-intensive process that requires significant judgment, and the amounts we are ultimately liable for may exceed our estimates. The resolution of one or more such proceedings has resulted in, and may in the future result in, additional substantial fines, penalties, injunctions, and other sanctions that could harm our business, reputation, financial condition, and operating results. \nPrivacy, data protection, and data usage regulations are complex and rapidly evolving areas. Any failure or alleged failure to \ncomply with these laws could harm our business, reputation, financial condition, and operating results. \nAuthorities around the world have adopted and are considering a number of legislative and regulatory proposals concerning data \nprotection, data usage, and encryption of user data. Adverse legal rulings, legislation, or regulation have resulted in, and may continue \nto result in, fines and orders requiring that we change our practices, which have had and could continue to have an adverse effect on \nhow we provide services, harming our business, reputation, financial condition, and operating results. These laws and regulations are evolving and subject to interpretation, and compliance obligations could cause us to incur substantial costs or harm the quality and operations of our products and services in ways that harm our business. Examples of these laws include: \n\tzThe General Data Protection Regulation and the United Kingdom General Data Protection Regulations, which apply to all of our activities conducted from an establishment in the EU or the United Kingdom, respectively, or related to products and services that we offer to EU or the United Kingdom users or customers, respectively, or the monitoring of their behavior in the EU or the UK, respectively.\n\tzVarious state and foreign privacy laws and regulations, such as the California Consumer Privacy Act of 2018, the California Privacy Rights Act, the Virginia Consumer Data Protection Act, the Colorado Privacy Act, the Connecticut Data Privacy Act, and the Utah Consumer Privacy Act, all of which give new data privacy rights to their respective residents (including, in California, a private right of action in the event of a data breach resulting from our failure to implement and maintain reasonable security procedures and practices) and impose significant obligations on controllers and processors of consumer data.\n\tzState laws governing the processing of biometric information, such as the Illinois Biometric Information Privacy Act and the Texas Capture or Use of Biometric Identifier Act, which impose obligations on businesses that collect or disclose consumer biometric information. \n\tzVarious federal, state, and foreign laws governing how companies provide age appropriate experiences to children and minors, including the collection and processing of children and minor\u2019s data. These include the Children\u2019s Online Privacy Protection Act of 1998, the United Kingdom Age-Appropriate Design Code, and the California", "start_char_idx": 0, "end_char_idx": 4499, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "40614201-d2ee-459b-a566-37fa59d2f41b": {"__data__": {"id_": "40614201-d2ee-459b-a566-37fa59d2f41b", "embedding": null, "metadata": {"page_label": "52", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3a075b6d-ca23-423a-bb1d-d57c374809d2", "node_type": null, "metadata": {"page_label": "52", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "376f006b96c75c70f6fbefc46826e288b8c4f659890314e3d80eeefec0d03e9e"}, "2": {"node_id": "18f6f3be-5385-4831-828c-5dfa88926438", "node_type": null, "metadata": {"page_label": "52", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "620211bd83451b12304bb77e7ed828c5551ea1db233d2660445f2f1d43a637ef"}}, "hash": "4c880b1051d897baa1e59e730e6768a62283c63a9489fcb334eb1021191c3d80", "text": "Act of 1998, the United Kingdom Age-Appropriate Design Code, and the California Age Appropriate Design Code, all of which address the use and disclosure of the personal data of children and minors and impose obligations on online services or products directed to or likely to be accessed by children. \n\tzThe California Internet of Things Security Law, which regulates the security of data used in connection with internet-connected devices.\n\tzThe EU\u2019s Digital Markets Act, which will require in-scope companies to obtain user consent for combining data across certain products and require search engines to share anonymized data with rival companies, among other changes. \nFurther, we are subject to evolving laws and regulations that dictate whether, how, and under what circumstances we can transfer, \nprocess and/or receive personal data. Previously available transfer mechanisms, such as the EU-U.S. and the Swiss-U.S. Privacy \nShield frameworks, were invalidated in 2020, and other bases for data transfer and storage, such as Standard Contractual Clauses, \nremain subject to ongoing review in ways that may require us to adapt our existing contractual arrangements. The validity of various \ndata transfer mechanisms remains subject to legal, regulatory, and political developments in both Europe and the U.S., including the potential adoption of the U.S.-EU Data Privacy Framework. Until the U.S.-EU Data Privacy Framework is adopted by the EU, the legal \nuncertainty and ongoing enforcement action from supervisory authorities related to cross-border transfers of personal data, could \nharm our ability to process and transfer personal data outside of the European Economic Area and could in turn harm our ability to \nprovide, and our customers\u2019 ability to use, some of our products and services.", "start_char_idx": 4420, "end_char_idx": 6223, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3152b49e-5ae5-4063-819f-3e59f346574c": {"__data__": {"id_": "3152b49e-5ae5-4063-819f-3e59f346574c", "embedding": null, "metadata": {"page_label": "53", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "31e1f748-aaaf-429b-9d4a-3dc462fcc50b", "node_type": null, "metadata": {"page_label": "53", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "30b6104edcc855cf3c651809d58fd61ec28c66c92ee218cda6c38bdf99a8a104"}, "3": {"node_id": "92c79e6b-5e7d-4180-90fa-b27d98202f5a", "node_type": null, "metadata": {"page_label": "53", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "5e16ad16eccedfec3d7119e548848f5a22a91ee1d5b58f72aa0fbe6acec9de54"}}, "hash": "d3b8190ac439e13c0e6c05d734b37e9ab53f2087a79297fa99a58f8a122b879c", "text": "15 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01A\u00a0\u00a0 RISK FACTORS\nWe face, and may continue to face, intellectual property and other claims that could be costly to defend, result in significant \ndamage awards or other costs (including indemnification awards), and limit our ability to use certain technologies. \nWe, like other internet, technology, and media companies, are frequently subject to litigation based on allegations of infringement or \nother violations of intellectual property rights, including patent, copyright, trade secrets, and trademarks. Parties have also sought \nbroad injunctive relief against us by filing claims in U.S. and international courts and the U.S. International Trade Commission (ITC) \nfor exclusion and cease-and-desist orders. In addition, patent-holding companies may frequently seek to generate income from \npatents they have obtained by bringing claims against us. As we continue to expand our business, the number of intellectual property claims against us has increased and may continue to increase as we develop and acquire new products, services, and technologies. \nAdverse results in any of these lawsuits may include awards of monetary damages, costly royalty or licensing agreements (if licenses \nare available at all), or orders limiting our ability to sell our products and services in the U.S. or elsewhere, including by preventing us from offering certain features, functionalities, products, or services in certain jurisdictions. They may also cause us to change our business practices in ways that could result in a loss of revenues for us and otherwise harm our business. \nMany of our agreements with our customers and partners, including certain suppliers, require us to defend against certain intellectual \nproperty infringement claims and in some cases indemnify them for certain intellectual property infringement claims against them, which could result in increased costs for defending such claims or significant damages if there were an adverse ruling in any such claims. Such customers and partners may also discontinue the use of our products, services, and technologies, as a result of injunctions or otherwise, which could result in loss of revenues and harm our business. Moreover, intellectual property indemnities provided to us by our suppliers, when obtainable, may not cover all damages and losses suffered by us and our customers arising from intellectual property infringement claims. Furthermore, in connection with our divestitures, we have agreed, and may in the future agree, to provide indemnification for certain potential liabilities, including those associated with intellectual property claims. Regardless of their merits, intellectual property claims are often time consuming and expensive to litigate or settle. To the extent such claims are successful, they could harm our business, including our product and service offerings, financial condition, and operating results. \nExpectations relating to environmental, social, and governance (ESG) considerations could expose us to potential liabilities, \nincreased costs, and reputational harm. \nWe are subject to laws, regulations, and other measures that govern a wide range of topics, including those related to matters beyond \nour core products and services. For instance, new laws, regulations, policies, and international accords relating to ESG matters, including sustainability, climate change, human capital, and diversity, are being developed and formalized in Europe, the U.S., and elsewhere, which may entail specific, target-driven frameworks and/or disclosure requirements. We have implemented robust ESG programs, adopted reporting frameworks and principles, and announced a number of goals and initiatives. The implementation of these goals and initiatives may require considerable investments, and our goals, with all of their contingencies, dependencies, and in certain cases, reliance on third-party verification and/or performance, are complex and ambitious, may change, and we cannot guarantee that we will achieve them. Any failure, or perceived failure, by us to adhere to our public statements, comply fully with developing interpretations of ESG laws and regulations, or meet evolving and varied stakeholder expectations and", "start_char_idx": 0, "end_char_idx": 4275, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "92c79e6b-5e7d-4180-90fa-b27d98202f5a": {"__data__": {"id_": "92c79e6b-5e7d-4180-90fa-b27d98202f5a", "embedding": null, "metadata": {"page_label": "53", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "31e1f748-aaaf-429b-9d4a-3dc462fcc50b", "node_type": null, "metadata": {"page_label": "53", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "30b6104edcc855cf3c651809d58fd61ec28c66c92ee218cda6c38bdf99a8a104"}, "2": {"node_id": "3152b49e-5ae5-4063-819f-3e59f346574c", "node_type": null, "metadata": {"page_label": "53", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "d3b8190ac439e13c0e6c05d734b37e9ab53f2087a79297fa99a58f8a122b879c"}}, "hash": "5e16ad16eccedfec3d7119e548848f5a22a91ee1d5b58f72aa0fbe6acec9de54", "text": "laws and regulations, or meet evolving and varied stakeholder expectations and standards could harm our business, reputation, financial condition, and operating results.\nWe could be subject to changes in tax rates, the adoption of new U.S. or international tax legislation, or exposure to additional \ntax liabilities. \nWe are subject to a variety of taxes and tax collection obligations in the U.S. and numerous foreign jurisdictions. Our effective tax \nrates are affected by a variety of factors, including changes in the mix of earnings in jurisdictions with different statutory tax rates, net gains and losses on hedges and related transactions under our foreign exchange risk management program, decreases in our stock price for shares issued as employee compensation, changes in the valuation of our deferred tax assets or liabilities, and the application of different provisions of tax laws or changes in tax laws, regulations, or accounting principles (including changes in the interpretation of existing laws). Further, if we are unable or fail to collect taxes on behalf of customers, employees and partners as the withholding agent, we could become liable for taxes that are levied against third parties. \nWe are subject to regular review and audit by both domestic and foreign tax authorities. As a result, we have received, and may in \nthe future receive, assessments in multiple jurisdictions, on various tax-related assertions, such as transfer-pricing adjustments or permanent-establishment claims. Any adverse outcome of such a review or audit could harm our financial condition and operating results, require adverse changes to our business practices, or subject us to additional litigation and regulatory inquiries. In addition, the determination of our worldwide provision for income taxes and other tax liabilities requires significant judgment and often involves uncertainty. Although we believe our estimates are reasonable, the ultimate tax outcome may differ from the amounts recorded in our financial statements and may affect our financial results in the period or periods for which such determination is made.", "start_char_idx": 4197, "end_char_idx": 6333, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "20de1c8e-d083-4e59-8435-3bc785e39bb9": {"__data__": {"id_": "20de1c8e-d083-4e59-8435-3bc785e39bb9", "embedding": null, "metadata": {"page_label": "54", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "210cd3b0-1e81-4200-86c4-eec5b2fdf1dc", "node_type": null, "metadata": {"page_label": "54", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "181d6a5d0f01fd5af4200ceac7b68d620b3f2e0a72fa21f7d0c47ac2b9bdfbf5"}, "3": {"node_id": "4929adec-fb85-4eaf-8e08-d6256d960940", "node_type": null, "metadata": {"page_label": "54", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "48a46f5d4153d54850850e71f0774d7a8727daf50ff5143a9ab07b8b07bf31d0"}}, "hash": "990c4fbd5bd2b95cc10676f61cd4ade684a85ee36edd7ad43550dea64e819418", "text": "16 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01A\u00a0\u00a0 RISK FACTORS\nFurthermore, due to shifting economic and political conditions, tax policies, laws, or rates in various jurisdictions may be subject to \nsignificant changes in ways that could harm our financial condition and operating results. Various jurisdictions around the world \nhave enacted or are considering revenue-based taxes such as digital services taxes and other targeted taxes, which could lead to \ninconsistent and potentially overlapping international tax regimes. The Organization for Economic Cooperation and Development \ncontinues to advance proposals for modernizing international tax rules. \nRisks Related to Ownership of our Stock \nWe cannot guarantee that any share repurchase program will be fully consummated or will enhance long-term stockholder value, \nand share repurchases could increase the volatility of our stock prices and could diminish our cash reserves. \nWe engage in share repurchases of our Class A and Class C stock from time to time in accordance with authorizations from the Board \nof Directors of Alphabet. Our repurchase program does not have an expiration date and does not obligate Alphabet to repurchase any specific dollar amount or to acquire any specific number of shares. Further, our share repurchases could affect our share trading \nprices, increase their volatility, reduce our cash reserves and may be suspended or terminated at any time, which may result in a \ndecrease in the trading prices of our stock. \nThe concentration of our stock ownership limits our stockholders\u2019 ability to influence corporate matters. \nOur Class B stock has 10 votes per share, our Class A stock has one vote per share, and our Class C stock has no voting rights. As \nof December 31, 2022, Larry Page and Sergey Brin beneficially owned approximately 85.8% of our outstanding Class B stock, which \nrepresented approximately 51.2% of the voting power of our outstanding common stock. Through their stock ownership, Larry and \nSergey have significant influence over all matters requiring stockholder approval, including the election of directors and significant \ncorporate transactions, such as a merger or other sale of our company or our assets, for the foreseeable future. In addition, because \nour Class C stock carries no voting rights (except as required by applicable law), the issuance of the Class C stock, including in future \nstock-based acquisition transactions and to fund employee equity incentive programs, could continue Larry and Sergey\u2019s current \nrelative voting power and their ability to elect all of our directors and to determine the outcome of most matters submitted to a vote \nof our stockholders. The share repurchases made pursuant to our repurchase program may also affect Larry and Sergey\u2019s relative \nvoting power. This concentrated control limits or severely restricts other stockholders\u2019 ability to influence corporate matters and we \nmay take actions that some of our stockholders do not view as beneficial, which could reduce the market price of our Class A stock \nand our Class C stock. \nProvisions in our charter documents and under Delaware law could discourage a takeover that stockholders may consider favorable. \nProvisions in Alphabet\u2019s certificate of incorporation and bylaws may have the effect of delaying or preventing a change of control or \nchanges in our management. These provisions include the following: \n\tzOur Board of Directors has the right to elect directors to fill a vacancy created by the expansion of the Board of Directors or the resignation, death, or removal of a director.\n\tzOur stockholders may not act by written consent, which makes it difficult to take certain actions without holding a stockholders\u2019 \nmeeting.\n\tzOur certificate of incorporation prohibits cumulative voting in the election of directors. This limits the ability of minority stockholders \nto elect director candidates.\n\tzStockholders must provide advance notice to nominate individuals for election to the Board of Directors or to propose matters \nthat can be acted upon at a stockholders\u2019 meeting. These provisions may discourage or deter a potential acquirer from conducting \na solicitation of", "start_char_idx": 0, "end_char_idx": 4204, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4929adec-fb85-4eaf-8e08-d6256d960940": {"__data__": {"id_": "4929adec-fb85-4eaf-8e08-d6256d960940", "embedding": null, "metadata": {"page_label": "54", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "210cd3b0-1e81-4200-86c4-eec5b2fdf1dc", "node_type": null, "metadata": {"page_label": "54", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "181d6a5d0f01fd5af4200ceac7b68d620b3f2e0a72fa21f7d0c47ac2b9bdfbf5"}, "2": {"node_id": "20de1c8e-d083-4e59-8435-3bc785e39bb9", "node_type": null, "metadata": {"page_label": "54", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "990c4fbd5bd2b95cc10676f61cd4ade684a85ee36edd7ad43550dea64e819418"}}, "hash": "48a46f5d4153d54850850e71f0774d7a8727daf50ff5143a9ab07b8b07bf31d0", "text": "discourage or deter a potential acquirer from conducting \na solicitation of proxies to elect the acquirer\u2019s own slate of directors or otherwise attempting to obtain control of our company. \n\tzOur Board of Directors may issue, without stockholder approval, shares of undesignated preferred stock, which makes it possible \nfor our Board of Directors to issue preferred stock with voting or other rights or preferences that could impede the success of any attempt to acquire us. \nAs a Delaware corporation, we are also subject to certain Delaware anti-takeover provisions. Under Delaware law, a corporation may not engage in a business combination with any holder of 15% or more of its outstanding voting stock unless the holder has held the stock for three years or, among other things, the Board of Directors has approved the transaction. Our Board of Directors could rely on Delaware law to prevent or delay an acquisition of us.", "start_char_idx": 4129, "end_char_idx": 5058, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ff7005ab-052f-4de4-9f63-cece4309f5d7": {"__data__": {"id_": "ff7005ab-052f-4de4-9f63-cece4309f5d7", "embedding": null, "metadata": {"page_label": "55", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9c2b4e5f-7099-4ec8-b7c7-2b41fd116e6a", "node_type": null, "metadata": {"page_label": "55", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "bd348e2bcc105b4d5d024d2ae004b132b46435e234e9a13012756af13148f805"}, "3": {"node_id": "17b5b428-af32-47c5-96cf-34b946349279", "node_type": null, "metadata": {"page_label": "55", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "d31b251b9d9d8b1afc9fcc242259711b7cb25d835eb083a95780879052920bd8"}}, "hash": "56a7205b67d96219c48e4afbba49b49347e47f06a1f9cdd43ea465e60a6e7d03", "text": "17 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01A\u00a0\u00a0 RISK FACTORS\nThe trading price for our Class A stock and non-voting Class C stock may continue to be volatile. \nThe trading price of our stock has at times experienced significant volatility and may continue to be volatile. In addition to the factors \ndiscussed in this report, the trading prices of our Class A stock and Class C stock have fluctuated, and may continue to fluctuate \nwidely, in response to various factors, many of which are beyond our control, including, among others, the activities of our peers and \nchanges in broader economic and political conditions around the world. These broad market and industry factors could harm the \nmarket price of our Class A stock and our Class C stock, regardless of our actual operating performance. \nGeneral Risks \nThe continuing effects of the COVID-19 pandemic and its impact are highly unpredictable and could be significant, and could \nharm our business, financial condition, and operating results. \nOur business, operations and financial performance have been, and may continue to be, affected by the macroeconomic impacts \nresulting from COVID-19, and as a result, our revenue growth rate and expenses as a percentage of our revenues in future periods \nmay differ significantly from our historical rates, and our future operating results may fall below expectations. The extent to which \nour business will continue to be affected will depend on a variety of factors, many of which are outside of our control, including the \npersistence of the pandemic, impacts on economic activity, and the possibility of recession or continued financial market instability. \nOur operating results may fluctuate, which makes our results difficult to predict and could cause our results to fall short \nof expectations. \nOur operating results have fluctuated, and may in the future fluctuate, as a result of a number of factors, many outside of our control, \nincluding the cyclicality and seasonality in our business and geopolitical events. As a result, comparing our operating results (including \nour expenses as a percentage of our revenues) on a period-to-period basis may not be meaningful, and our past results should not be \nrelied on as an indication of our future performance. Consequently, our operating results in future quarters may fall below expectations. \nAcquisitions, joint ventures, investments, and divestitures could result in operating difficulties, dilution, and other consequences \nthat could harm our business, financial condition, and operating results. \nAcquisitions, joint ventures, investments, and divestitures are important elements of our overall corporate strategy and use of capital, \nand these transactions could be material to our financial condition and operating results. We expect to continue to evaluate and enter into discussions regarding a wide array of such potential strategic transactions, which could create unforeseen operating difficulties and expenditures. Some of the areas where we face risks include: \n\tzdiversion of management time and focus from operating our business to challenges related to acquisitions and other strategic transactions; \n\tzfailure to obtain required approvals on a timely basis, if at all, from governmental authorities, or conditions placed upon approval \nthat could, among other things, delay or prevent us from completing a transaction, or otherwise restrict our ability to realize the \nexpected financial or strategic goals of a transaction;\n\tzfailure to successfully integrate the acquired operations, technologies, services, and personnel (including cultural integration and \nretention of employees) and further develop the acquired business or technology; \n\tzimplementation or remediation of controls, procedures, and policies at the acquired company; \n\tzintegration of the acquired company\u2019s accounting and other administrative systems, and the coordination of product, engineering, and sales and marketing functions;\n\tztransition of operations, users, and customers onto our existing platforms;\n\tzin the case of foreign acquisitions, the need to integrate operations across different cultures and languages and to address the particular economic, currency, political, and regulatory risks associated with", "start_char_idx": 0, "end_char_idx": 4280, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "17b5b428-af32-47c5-96cf-34b946349279": {"__data__": {"id_": "17b5b428-af32-47c5-96cf-34b946349279", "embedding": null, "metadata": {"page_label": "55", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9c2b4e5f-7099-4ec8-b7c7-2b41fd116e6a", "node_type": null, "metadata": {"page_label": "55", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "bd348e2bcc105b4d5d024d2ae004b132b46435e234e9a13012756af13148f805"}, "2": {"node_id": "ff7005ab-052f-4de4-9f63-cece4309f5d7", "node_type": null, "metadata": {"page_label": "55", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "56a7205b67d96219c48e4afbba49b49347e47f06a1f9cdd43ea465e60a6e7d03"}}, "hash": "d31b251b9d9d8b1afc9fcc242259711b7cb25d835eb083a95780879052920bd8", "text": "and to address the particular economic, currency, political, and regulatory risks associated with specific countries; \n\tzfailure to accomplish commercial, strategic or financial objectives with respect to investments and joint ventures;\n\tzfailure to realize the value of investments and joint ventures due to a lack of liquidity;\n\tzliability for activities of the acquired company before the acquisition, including patent and trademark infringement claims, data privacy and security issues, violations of laws, commercial disputes, tax liabilities, warranty claims, product liabilities, and other known and unknown liabilities; and\n\tzlitigation or other claims in connection with the acquired company, including claims from terminated employees, customers, former \nstockholders, or other third parties.", "start_char_idx": 4183, "end_char_idx": 4985, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c66de54d-7fb0-4570-9c8c-0e8a72bdaea6": {"__data__": {"id_": "c66de54d-7fb0-4570-9c8c-0e8a72bdaea6", "embedding": null, "metadata": {"page_label": "56", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "612f61ab-238f-4d9c-ba42-ad6091940625", "node_type": null, "metadata": {"page_label": "56", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "1180d044aec9623ab97b6125a97532bb0642832941e51ec882f93f9f08ac3f6d"}}, "hash": "1180d044aec9623ab97b6125a97532bb0642832941e51ec882f93f9f08ac3f6d", "text": "18 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a01A\u00a0\u00a0 RISK FACTORS\nOur failure to address these risks or other problems encountered in connection with our past or future acquisitions and other strategic \ntransactions could cause us to fail to realize their anticipated benefits, incur unanticipated liabilities, and harm our business generally. \nOur acquisitions and other strategic transactions could also result in dilutive issuances of our equity securities, the incurrence of \ndebt, contingent liabilities, or amortization expenses, or impairment of goodwill and/or purchased long-lived assets, and restructuring \ncharges, any of which could harm our financial condition and operating results. Also, the anticipated benefits or value of our acquisitions \nand other strategic transactions may not materialize. In connection with our divestitures, we have agreed, and may in the future agree, to provide indemnification for certain potential liabilities, which could harm our financial condition and operating results. \nIf we were to lose the services of key personnel, we may not be able to execute our business strategy. \nOur future success depends in large part upon the continued service of key members of our senior management team. For instance, \nSundar Pichai is critical to the overall management of Alphabet and its subsidiaries and plays an important role in the development of our technology, maintaining our culture, and setting our strategic direction. All of our executive officers and key employees are at-will employees, and we do not maintain any key-person life insurance policies. The loss of key personnel could harm our business. \nWe rely on highly skilled personnel and, if we are unable to retain or motivate key personnel, hire qualified personnel, or \nmaintain and continue to adapt our corporate culture, we may not be able to grow or operate effectively. \nOur performance largely depends on the talents and efforts of highly skilled individuals. Our ability to compete effectively and our \nfuture success depends on our continuing to identify, hire, develop, motivate, and retain highly skilled personnel for all areas of our organization. Competition in our industry for qualified employees is intense, and certain of our competitors have directly targeted, and may continue to target, our employees. In addition, our compensation arrangements, such as our equity award programs, may not always be successful in attracting new employees and retaining and motivating our existing employees. Restrictive immigration policy and regulatory changes may also affect our ability to hire, mobilize, or retain some of our global talent. \nIn addition, we believe that our corporate culture fosters innovation, creativity, and teamwork. As our organization grows and \nevolves, we may need to implement more complex organizational management structures or adapt our corporate culture and work environments to ever-changing circumstances, such as during times of a natural disaster or pandemic, and these changes could affect our ability to compete effectively or have an adverse effect on our corporate culture. As we experiment with hybrid work models, we may experience increased costs and/or disruption, in addition to potential effects on our ability to operate effectively and maintain our corporate culture.", "start_char_idx": 0, "end_char_idx": 3328, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c3e3424b-c13c-4928-8cca-4fcba4ab9d32": {"__data__": {"id_": "c3e3424b-c13c-4928-8cca-4fcba4ab9d32", "embedding": null, "metadata": {"page_label": "57", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "578d173b-5798-4340-a3e6-574cc2768df8", "node_type": null, "metadata": {"page_label": "57", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "ac0a76f276f0a834e0990315a6ee65ebb82d74fec61320134189afd37415c316"}}, "hash": "ac0a76f276f0a834e0990315a6ee65ebb82d74fec61320134189afd37415c316", "text": "19 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART I\nITEM\u00a04\u00a0\u00a0 MINE SAFETY DISCLOSURES\n \u2014ITEM\u00a01B.  UNRESOL VED STAFF COMMENTS\nNot applicable.\n \u2014 ITEM\u00a02.  PROPERTIES\nOur headquarters are located in Mountain View, California. We own and lease office facilities and data centers around the world, \nprimarily in North America, Europe, and Asia. We believe our existing facilities are in good condition and suitable for the conduct of our business.\n \u2014 ITEM\u00a03.  LEGAL PROCEEDINGS\nFor a description of our material pending legal proceedings, see Legal Matters in Note 10 of the Notes to Consolidated Financial Statements included in Part II, Item 8 of this Annual Report on Form 10-K, which is incorporated herein by reference.\n \u2014 ITEM\u00a04.  MINE SAFETY DISCLOSURES\nNot applicable.", "start_char_idx": 0, "end_char_idx": 759, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "2f798006-dcef-4f8c-9001-0cd443feffbb": {"__data__": {"id_": "2f798006-dcef-4f8c-9001-0cd443feffbb", "embedding": null, "metadata": {"page_label": "58", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2946c7fc-2184-4972-b866-f97593d55841", "node_type": null, "metadata": {"page_label": "58", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "9c8e55f1a71e25e6ae450854188a609b1c246bc30d39ec63f41008df8f3442fe"}}, "hash": "94049353f1a7a89a0b8e2562c1f1ad33dd27e19b51621e1760f415d5444da2b2", "text": "20 ALPHABET INC.  \u25cf ANNUAL REPORT\n\tzPART II\n \u2014ITEM\u00a05.\t MARKET FOR REGISTRANT\u2019S COMMON EQUITY, \nRELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES\nAs of October 2, 2015, Alphabet Inc. became the successor issuer of Google Inc. pursuant to Rule 12g-3(a) under the Exchange Act. Our Class A stock has been listed on the Nasdaq Global Select Market under the symbol \u201cGOOG\u201d since August 19, 2004 and under the symbol \u201cGOOGL \u201d since April 3, 2014. Prior to August 19, 2004, there was no public market for our stock. Our Class B stock is neither listed nor traded. Our Class C stock has been listed on the Nasdaq Global Select Market under the symbol \u201cGOOG\u201d since April 3, 2014.\nHolders of Record\nAs of December 31, 2022, there were approximately 6,670 and 1,657 stockholders of record of our Class A stock and Class C stock, respectively. Because many of our shares of Class A stock and Class C stock are held by brokers and other institutions on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these record holders. As of December 31, 2022, there were approximately 64 stockholders of record of our Class B stock.\nDividend Policy\nWe have never declared or paid any cash dividend on our common or capital stock. The primary use of capital continues to be to \ninvest for the long-term growth of the business. We regularly evaluate our cash and capital structure, including the size, pace, and \nform of capital return to stockholders.\nIssuer Purchases of Equity Securities\nThe following table presents information with respect to Alphabet\u2019s repurchases of Class A and Class C stock during the quarter ended December 31, 2022:\nPeriodTotal Number \nof Class \nA Shares \nPurchased \n(in thousands)(1)Total Number of \nClass C Shares \nPurchased \n(in thousands)(1)Average Price \nPaid per \nClass\u00a0A\u00a0Share(2)Average Price \nPaid per  \nClass C Share(2)Total Number of \nShares Purchased \nas Part of Publicly \nAnnounced Programs\n(in thousands)(1)Approximate Dollar \nValue of Shares \nthat May Yet Be \nPurchased Under \nthe Program \n(in millions)\nOctober 1 - 31 8,585 46,059 $ 98.92 $ 99.16 54,644 $ 38,069\nNovember 1 - 30 1,968 55,374 $ 95.89 $ 93.51 57,342 $ 32,703\nDecember 1 - 31 4,687 44,649 $ 91.93 $ 93.93 49,336 $ 28,079\nTotal 15,240 146,082 161,322\n(1) The r epurchases are being executed from time to time, subject to general business and market conditions and other investment opportunities, through \nopen market purchases or privately negotiated transactions, including through Rule 10b5-1 plans. The repurchase program does not have an expiration date. See Note 11 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K for additional information related to share repurchases.\n(2) A verage price paid per share includes costs associated with the repurchases.", "start_char_idx": 0, "end_char_idx": 2863, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c5fe8889-7389-4907-8b83-51466d6b7d68": {"__data__": {"id_": "c5fe8889-7389-4907-8b83-51466d6b7d68", "embedding": null, "metadata": {"page_label": "59", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8a899f5e-b5a6-4a78-8e2f-db870cbee2de", "node_type": null, "metadata": {"page_label": "59", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "82b4495f94b6893228650f6cd37d30496bd51d96d6f8ebee6605859385a937d3"}}, "hash": "82b4495f94b6893228650f6cd37d30496bd51d96d6f8ebee6605859385a937d3", "text": "21 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a05\u00a0\u00a0 MARKET FOR REGISTRANT\u2019S COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES\nStock Performance Graphs\nThe graph below matches Alphabet Inc. Class A\u2019s cumulative 5-year total stockholder return on common stock with the cumulative total \nreturns of the S&P 500 index, the NASDAQ Composite index, and the RDG Internet Composite index. The graph tracks the performance \nof a $100 investment in our common stock and in each index (with the reinvestment of all dividends) from December 31, 2017 to \nDecember 31, 2022. The returns shown are based on historical results and are not intended to suggest future performance.\n$0$50$100$150$200$250$300\n12/17 3/18 6/18 9/18 12/18 3/19 6/19 9/19 12/19 3/20 6/20 9/20 12/20 3/21 6/21 9/21 12/21 3/22 6/22 9/22 12/22COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN*\nALPHABET INC. CLASS A COMMON STOCK\nAmong Alphabet Inc., the S&P 500 Index, \nthe NASDAQ Composite Index and the RDG Internet Composite Index\nAlphabet Inc. S&P 500 NASDAQ Composite RDG Internet Composite\n*$100 invested on December 31, 2017 in stock or index, including reinvestment of dividends.\nCopyright\u00a9 2023 S&P , a division of The McGraw-Hill Companies Inc. All rights reserved.\nThe graph below matches Alphabet Inc. Class C\u2019s cumulative 5-year total stockholder return on capital stock with the cumulative total \nreturns of the S&P 500 index, the NASDAQ Composite index, and the RDG Internet Composite index. The graph tracks the performance of a $100 investment in our Class C capital stock and in each index (with the reinvestment of all dividends) from December 31, 2017 to December 31, 2022. The returns shown are based on historical results and are not intended to suggest future performance.\n$0$50$100$150$200$250$300\n12/17 3/18 6/18 9/18 12/18 3/19 6/19 9/19 12/19 3/20 6/20 9/20 12/20 3/21 6/21 9/21 12/21 3/22 6/22 9/22 12/2 2COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN* \nALPHABET INC. CLASS C CAPITAL STOCKCOMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN* \nALPHABET INC. CLASS C CAPITAL STOCK\nAmong Alphabet Inc., the S&P 500 Index, \nthe NASDAQ Composite Index and the RDG Internet Composite Index\nAlphabet Inc. S&P 500 NASDAQ Composite RDG Internet Composite\n*$100 invested on December 31, 2017 in stock or in index, including reinvestment of dividends.\nCopyright\u00a9 2023 S&P , a division of The McGraw-Hill Companies Inc. All rights reserved.", "start_char_idx": 0, "end_char_idx": 2433, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "06bd4db0-07ec-4cf6-bfa2-0958d94f105b": {"__data__": {"id_": "06bd4db0-07ec-4cf6-bfa2-0958d94f105b", "embedding": null, "metadata": {"page_label": "60", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4705907d-e082-4799-aa3b-e21a1f4ef8ed", "node_type": null, "metadata": {"page_label": "60", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "b088155c125d6a8cbab779128e0e9fa2777d3014b8275f2d7f8cf256790607c7"}}, "hash": "431e848b2b46b452fbc868cab71b509f661d73e0adf597db309dfc5e13790187", "text": "22 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a06\u00a0\u00a0 [Reserved]\n \u2014ITEM\u00a06.  [RESERVED]", "start_char_idx": 0, "end_char_idx": 83, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a90f39d9-048b-4dd3-8fc4-b79ab50fcdf6": {"__data__": {"id_": "a90f39d9-048b-4dd3-8fc4-b79ab50fcdf6", "embedding": null, "metadata": {"page_label": "61", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "10747407-8453-41f0-92e4-a7fe0ce604b1", "node_type": null, "metadata": {"page_label": "61", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "ce02525b4936a560d06977528a2771e7efd11abeeee46c55d1706425f0583c27"}, "3": {"node_id": "84a0d9ba-583b-44ec-847c-5561e50a23e5", "node_type": null, "metadata": {"page_label": "61", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "80c92e9b513ab69d9e7b02c867cdb2b1a5a210f52c202fe30ab42c06216989e7"}}, "hash": "87b896ce893fb0eaba315f605be41ce51655330ba3cef35d372d99e4ab134778", "text": "23 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\n \u2014ITEM\u00a07.  M ANAGEMENT\u2019S DISCUSSION AND ANAL YSIS \nOF FINANCIAL CONDITION AND RESULTS OF \nOPERATIONS\nPlease read the following discussion and analysis of our financial condition and results of operations together with \u201cNote about \nForward-Looking Statements,\u201d Part I, Item 1 \u201cBusiness,\u201d Part I, Item 1A \u201cRisk Factors,\u201d and our consolidated financial statements and related notes included under Item 8 of this Annual Report on Form 10-K. \nWe have omitted discussion of 2020 results where it would be redundant to the discussion previously included in Item 7 of our 2021 \nAnnual Report on Form 10-K.\nUnderstanding Alphabet\u2019s Financial Results\nAlphabet is a collection of businesses \u2014 the largest of which is Google. We report Google in two segments, Google Services and Google Cloud; we also report all non-Google businesses collectively as Other Bets. For further details on our segments, see Part I, Item 1 \u201cBusiness\u201d and Note 15 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K.\nTrends in Our Business and Financial Effect\nThe following long-term trends have contributed to the results of our consolidated operations, and we anticipate that they will continue to affect our future results:\n\tzUsers\u2019 behaviors and advertising continue to shift online as the digital economy evolves.\nThe continuing shift from an offline to online world has contributed to the growth of our business and our revenues since inception. We expect that this shift to an online world will continue to benefit our business and our revenues, although at a slower pace than we have experienced historically, in particular after the outsized growth in our advertising revenues during the COVID-19 pandemic. In addition, we face increasing competition for user engagement and advertisers, which may affect our revenues.\n\tzUsers continue to access our products and services using diverse devices and modalities, which allows for new advertising formats that may benefit our revenues but adversely affect our margins.\nOur users are accessing the Internet via diverse devices and modalities, such as smartphones, wearables, and smart home devices, and want to be able to be connected no matter where they are or what they are doing. We are focused on expanding our products \nand services to stay in front of these trends in order to maintain and grow our business.\nWe benefit from advertising revenues generated from different channels, including mobile, and newer advertising formats. The \nmargins from these channels and newer products have generally been lower than those from traditional desktop search. Additionally, \nas the market for a particular device type or modality matures, our advertising revenues may be affected. For example, growth in the \nglobal smartphone market has slowed due to various factors, including increased market saturation in developed countries, which \ncan affect our mobile advertising revenues.\nWe expect TAC paid to our distribution partners and Google Network partners to increase as our revenues grow and TAC as a \npercentage of our advertising revenues (\u201cTAC rate\u201d) to be affected by changes in device mix; geographic mix; partner mix; partner agreement terms; the percentage of queries channeled through paid access points; product mix; the relative revenue growth rates of advertising revenues from different channels; and revenue share terms.\nWe expect these trends to continue to affect our revenues and put pressure on our margins.\n\tzAs online advertising evolves, we continue to expand our product offerings, which may affect our monetization.\nAs interactions between users and advertisers change, and as online user behavior evolves, we continue to expand our product \nofferings to serve these changing needs, which may affect our monetization. For example, revenues from ads on YouTube and Google Play monetize at a lower rate than our traditional search ads. We also may develop new products incorporating AI innovations that could", "start_char_idx": 0, "end_char_idx": 4141, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "84a0d9ba-583b-44ec-847c-5561e50a23e5": {"__data__": {"id_": "84a0d9ba-583b-44ec-847c-5561e50a23e5", "embedding": null, "metadata": {"page_label": "61", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "10747407-8453-41f0-92e4-a7fe0ce604b1", "node_type": null, "metadata": {"page_label": "61", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "ce02525b4936a560d06977528a2771e7efd11abeeee46c55d1706425f0583c27"}, "2": {"node_id": "a90f39d9-048b-4dd3-8fc4-b79ab50fcdf6", "node_type": null, "metadata": {"page_label": "61", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "87b896ce893fb0eaba315f605be41ce51655330ba3cef35d372d99e4ab134778"}}, "hash": "80c92e9b513ab69d9e7b02c867cdb2b1a5a210f52c202fe30ab42c06216989e7", "text": "our traditional search ads. We also may develop new products incorporating AI innovations that could affect our monetization trends. Additionally, when developing new products and services we generally focus first on user \nexperience before prioritizing monetization.\n\tzAs users in developing economies increasingly come online, our revenues from international markets continue to increase, \nand may require continued investments. In addition, movements in foreign exchange rates affect such revenues.\nThe shift to online, as well as the advent of the multi-device world, has brought opportunities outside of the U.S., including in emerging markets, such as India. We continue to invest heavily and develop localized versions of our products and advertising programs relevant to our users in these markets. This has led to a trend of increased revenues from emerging markets. We expect that our results will", "start_char_idx": 4041, "end_char_idx": 4948, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e9c6156b-d343-4187-bd3c-dc7da81223d1": {"__data__": {"id_": "e9c6156b-d343-4187-bd3c-dc7da81223d1", "embedding": null, "metadata": {"page_label": "62", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e6a65fb7-0b15-4313-bf2d-7574c117bb54", "node_type": null, "metadata": {"page_label": "62", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "d6dfe5bf84559eaa07132317150bcc27a0f98fab5b5a7e369f15a913ab56421d"}, "3": {"node_id": "e92b4eba-2b90-49a6-8e98-4e141c0977a4", "node_type": null, "metadata": {"page_label": "62", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "17f3c0fa1f96390d319912fb20fb0e0571e6ca61b17ef739a0a1a3fe67c8c192"}}, "hash": "71e88cf1c9f3d51f3ebab24c436396a4471f15a1e8beb7af479175aade57eef6", "text": "24 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\ncontinue to be affected by our performance in these markets, particularly as low-cost mobile devices become more available. This \ntrend could affect our revenues as developing markets initially monetize at a lower rate than more mature markets.\nInternational revenues represent a significant portion of our revenues and are subject to fluctuations in foreign currency exchange \nrates relative to the U.S. dollar. While we have a foreign exchange risk management program designed to reduce our exposure to \nthese fluctuations, this program does not fully offset their effect on our revenues and earnings.\n\tzThe revenues that we derive from non-advertising products and services are increasing and may adversely affect our margins.\nNon-advertising revenues have grown over time, and we expect this trend to continue as we focus on expanding our products and services. The margins on these revenues vary significantly and are generally lower than the margins on our advertising revenues. \nIn particular margins on our hardware products adversely affect our consolidated margins due to pressures on pricing and higher cost of sales.\n\tzAs we continue to serve our users and expand our businesses, we will invest heavily in operating and capital expenditures.\nWe continue to make significant research and development investments in areas of strategic focus as we seek to develop new, innovative offerings and improve our existing offerings across our businesses. We also expect to continue to invest in our technical infrastructure, including servers, network equipment, and data centers, to support the growth of our business and our long-term initiatives, in particular in support of AI. In addition acquisitions and strategic investments contribute to the breadth and depth of our offerings, expand our expertise in engineering and other functional areas, and build strong partnerships around strategic initiatives. For example, in September 2022 we closed the acquisition of Mandiant to help expand our offerings in dynamic cyber defense and\u00a0response. \n\tzWe face continuing changes in regulatory conditions, laws, and public policies, which could affect our business practices and financial results.\nChanges in social, political, economic, tax, and regulatory conditions or in laws and policies governing a wide range of topics and related legal matters have resulted in fines and caused us to change our business practices. As these global trends continue, our cost of doing business may increase, our ability to pursue certain business models or offer certain products or services may be limited, and we may need to change our business practices. Examples include the antitrust complaints filed by the U.S. Department of Justice and a number of state Attorneys General; pending litigation in the U.S., EU, and around the world that could diminish or eliminate safe harbor protection for websites and online platforms; and the Digital Markets Act and Digital Services Act in Europe and various legislative proposals in the U.S. focused on large technology platforms. For additional information see Item 1A Risk Factors and Legal Matters in Note 10 of the Notes to Consolidated Financial Statements included in Part II, Item 8.\n\tzOur employees are critical to our success and we expect to continue investing in them.\nOur employees are among our best assets and are critical for our continued success. We expect to continue hiring talented employees around the globe and to provide competitive compensation programs. For additional information see Culture and Workforce in Part I, Item 1 \u201cBusiness.\u201d\nRevenues and Monetization Metrics\nWe generate revenues by delivering relevant, cost-effective online advertising; cloud-based solutions that provide enterprise customers of all sizes with infrastructure and platform services as well as communication and collaboration tools; sales of other products and services, such as apps and in-app purchases, and hardware; and fees received for subscription-based products. For details on how we recognize revenue, see Note 1 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on", "start_char_idx": 0, "end_char_idx": 4293, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e92b4eba-2b90-49a6-8e98-4e141c0977a4": {"__data__": {"id_": "e92b4eba-2b90-49a6-8e98-4e141c0977a4", "embedding": null, "metadata": {"page_label": "62", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e6a65fb7-0b15-4313-bf2d-7574c117bb54", "node_type": null, "metadata": {"page_label": "62", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "d6dfe5bf84559eaa07132317150bcc27a0f98fab5b5a7e369f15a913ab56421d"}, "2": {"node_id": "e9c6156b-d343-4187-bd3c-dc7da81223d1", "node_type": null, "metadata": {"page_label": "62", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "71e88cf1c9f3d51f3ebab24c436396a4471f15a1e8beb7af479175aade57eef6"}}, "hash": "17f3c0fa1f96390d319912fb20fb0e0571e6ca61b17ef739a0a1a3fe67c8c192", "text": "the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K.\nIn addition to the long-term trends and their financial effect on our business noted above, fluctuations in our revenues have been \nand may continue to be affected by a combination of factors, including:\n\tzchanges in foreign currency exchange rates;\n\tzchanges in pricing, such as those resulting from changes in fee structures, discounts, and customer incentives;\n\tzgeneral economic conditions and various external dynamics, including geopolitical events, regulations, and other measures and their effect on advertiser, consumer, and enterprise spending; \n\tznew product and service launches; and\n\tzseasonality.\nAdditionally, fluctuations in our revenues generated from advertising (\u201cGoogle advertising\u201d), revenues from other sources (\u201cGoogle other revenues\u201d), Google Cloud, and Other Bets revenues have been and may continue to be affected by other factors unique to each set of revenues, as described below.", "start_char_idx": 4203, "end_char_idx": 5213, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "683d7265-aa1d-4511-9b77-5b5e937c5e84": {"__data__": {"id_": "683d7265-aa1d-4511-9b77-5b5e937c5e84", "embedding": null, "metadata": {"page_label": "63", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "a35a2c32-98d6-4f52-bf11-d8ebd42cf366", "node_type": null, "metadata": {"page_label": "63", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "60d84186a94037812493aa522188c95630fe9a11f3791b4677074bfb53e8ea6c"}}, "hash": "60d84186a94037812493aa522188c95630fe9a11f3791b4677074bfb53e8ea6c", "text": "25 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\nGOOGLE SERVICES\nGoogle Services revenues consist of Google advertising as well as Google other revenues.\nGoogle Advertising\nGoogle advertising revenues are comprised of the following: \n\tzGoogle Search & other, which includes revenues generated on Google search properties (including revenues from traffic generated \nby search distribution partners who use Google.com as their default search in browsers, toolbars, etc.), and other Google owned and operated properties like Gmail, Google Maps, and Google Play;\n\tzYouTube ads, which includes revenues generated on YouTube properties; and\n\tzGoogle Network, which includes revenues generated on Google Network properties participating in AdMob, AdSense, and Google Ad Manager.\nWe use certain metrics to track how well traffic across various properties is monetized as it relates to our advertising revenues: paid clicks and cost-per-click pertain to traffic on Google Search & other properties, while impressions and cost-per-impression pertain to traffic on our Google Network properties.\nPaid clicks represent engagement by users and include clicks on advertisements by end-users on Google search properties and \nother Google owned and operated properties including Gmail, Google Maps, and Google Play. Cost-per-click is defined as click-driven revenues divided by our total number of paid clicks and represents the average amount we charge advertisers for each engagement by users.\nImpressions include impressions displayed to users on Google Network properties participating primarily in AdMob, AdSense, and \nGoogle Ad Manager. Cost-per-impression is defined as impression-based and click-based revenues divided by our total number of \nimpressions, and represents the average amount we charge advertisers for each impression displayed to users.\nAs our business evolves, we periodically review, refine, and update our methodologies for monitoring, gathering, and counting the \nnumber of paid clicks and the number of impressions, and for identifying the revenues generated by the corresponding click and \nimpression activity.\nFluctuations in our advertising revenues, as well as the change in paid clicks and cost-per-click on Google Search & other properties \nand the change in impressions and cost-per-impression on Google Network properties and the correlation between these items have been and may continue to be affected by additional factors, such as:\n\tzadvertiser competition for keywords;\n\tzchanges in advertising quality, formats, delivery or policy;\n\tzchanges in device mix; \n\tzseasonal fluctuations in internet usage, advertising expenditures, and underlying business trends, such as traditional retail seasonality; and\n\tztraffic growth in emerging markets compared to more mature markets and across various verticals and channels.\nGoogle Other\nGoogle other revenues are comprised of the following:\n\tzGoogle Play, which includes sales of apps and in-app purchases;\n\tzhardware, which includes sales of Fitbit wearable devices, Google Nest home products, and Pixel devices;\n\tzYouTube non-advertising, which includes subscription revenues from services such as YouTube Premium and YouTube TV; and\n\tzother products and services.\nFluctuations in our Google other revenues have been and may continue to be affected by additional factors, such as changes in \ncustomer usage and demand, number of subscribers, and fluctuations in the timing of product launches.\nGOOGLE CLOUD\nGoogle Cloud revenues are comprised of the following:\n\tzGoogle Cloud Platform, which includes fees for infrastructure, platform, and other services;\n\tzGoogle Workspace, which includes fees for cloud-based communication and collaboration tools for enterprises, such as Gmail, \nDocs, Drive, Calendar and Meet; and \n\tzother enterprise services.\nFluctuations in our Google Cloud revenues have been and may continue to be affected by additional factors, such as customer usage.", "start_char_idx": 0, "end_char_idx": 4037, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5e8dc244-cf38-46f5-bd8f-ff14e02022c1": {"__data__": {"id_": "5e8dc244-cf38-46f5-bd8f-ff14e02022c1", "embedding": null, "metadata": {"page_label": "64", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "1cee0cd4-f992-40ba-ad0a-99c1960d1f9a", "node_type": null, "metadata": {"page_label": "64", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "481e70ad14af71accf4bab597d0e4483b6c6ca360cfecd329e5e20307c80bbf7"}}, "hash": "481e70ad14af71accf4bab597d0e4483b6c6ca360cfecd329e5e20307c80bbf7", "text": "26 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\nOTHER BETS\nRevenues from Other Bets are generated primarily from the sale of health technology and internet services.\nCosts and Expenses \nOur cost structure has two components: cost of revenues and operating expenses. Our operating expenses include costs related to \nR&D, sales and marketing, and general and administrative functions. Certain of our costs and expenses, including those associated with the operation of our technical infrastructure as well as components of our operating expenses, are generally less variable in nature and may not correlate to changes in revenue. \nCOST OF REVENUES\nCost of revenues is comprised of TAC and other costs of revenues.\n\tzTAC includes:\n\tzAmounts paid to our distribution partners who make available our search access points and services. Our distribution partners \ninclude browser providers, mobile carriers, original equipment manufacturers, and software developers.\n\tzAmounts paid to Google Network partners primarily for ads displayed on their properties.\n\tzOther cost of revenues includes:\n\tzContent acquisition costs, which are payments to content providers from whom we license video and other content for distribution on YouTube and Google Play (we pay fees to these content providers based on revenues generated or a flat fee).\n\tzExpenses associated with our data centers (including bandwidth, compensation expenses, depreciation, energy, and other equipment costs) as well as other operations costs (such as content review as well as customer and product support costs).\n\tzInventory and other costs related to the hardware we sell.\nTAC as a percentage of revenues generated from ads placed on Google Network properties are significantly higher than TAC as a percentage of revenues generated from ads placed on Google Search & other properties, because most of the advertiser revenues from ads served on Google Network properties are paid as TAC to our Google Network partners.\nOPERATING EXPENSES\nOperating expenses are generally incurred during our normal course of business, which we categorize as either R&D, sales and \nmarketing, or general and administrative.\nThe main components of our R&D expenses are:\n\tzcompensation expenses for engineering and technical employees responsible for R&D related to our existing and new products \nand services; \n\tzdepreciation; and\n\tzthird-party services fees primarily relating to consulting and outsourced services in support of our engineering and product \ndevelopment efforts.\nThe main components of our sales and marketing expenses are:\n\tzcompensation expenses for employees engaged in sales and marketing, sales support, and certain customer service functions; and\n\tzspending relating to our advertising and promotional activities in support of our products and services.\nThe main components of our general and administrative expenses are:\n\tzcompensation expenses for employees in finance, human resources, information technology, legal, and other administrative \nsupport functions; \n\tzexpenses relating to legal matters, including fines and settlements; and \n\tzthird-party services fees, including audit, consulting, outside legal, and other outsourced administrative services.\nOther Income (Expense), Net \nOther income (expense), net primarily consists of interest income (expense), the effect of foreign currency exchange gains (losses), \nnet gains (losses) and impairment on our marketable and non-marketable securities, performance fees, and income (loss) and impairment from our equity method investments.", "start_char_idx": 0, "end_char_idx": 3646, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ce984d41-de52-42db-8edd-7f426a09daa0": {"__data__": {"id_": "ce984d41-de52-42db-8edd-7f426a09daa0", "embedding": null, "metadata": {"page_label": "65", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "10babb4f-6c9b-4d45-abfa-d0851847e2ea", "node_type": null, "metadata": {"page_label": "65", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "b14ec3498e95f42da4ee4dd461683635872b0b509336695a2fa0eb2b9570e291"}, "3": {"node_id": "d4b84549-ed2b-43b5-abd2-a6008bf368c6", "node_type": null, "metadata": {"page_label": "65", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "40ef47aade4eb7df35c19522cb83105a2517e0b2776c27caeb002a97ce1b2eb5"}}, "hash": "d896633adc2b06ab886dd0bca4c4745acb94c16ad409a39baf4bb7a653f43b3d", "text": "27 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\nFor additional details, including how we account for our investments and factors that can drive fluctuations in the value of our \ninvestments, see Note 1 and Note 3 of the Notes to Consolidated Financial Statements included in Part II, Item 8 of this Annual Report \non Form 10-K as well as Item 7A, \u201cQuantitative and Qualitative Disclosures About Market Risk\u201d.\nProvision for Income Taxes\nProvision for income taxes represents the estimated amount of federal, state, and foreign income taxes incurred in the U.S. and the \nmany jurisdictions in which we operate. The provision includes the effect of reserve provisions and changes to reserves that are \nconsidered appropriate as well as the related net interest and penalties.\nFor additional details, including a reconciliation of the U.S. federal statutory rate to our effective tax rate, see Note 14 of the Notes \nto Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K.\nExecutive Overview\nThe following table summarizes our consolidated financial results (in millions, except for per share information and percentages):\nYear Ended December 31,\n2021 2022 $ Change % Change\nConsolidated revenues $ 257,637 $ 282,836 $ 25,199 10%\nChange in consolidated constant currency revenues(1)14%\nCost of revenues $ 110,939 $ 126,203 $ 15,264 14%\nOperating expenses $ 67,984 $ 81,791 $ 13,807 20%\nOperating income $ 78,714 $ 74,842 $ (3,872 ) (5)%\nOperating margin 31% 26% (5)%\nOther income (expense), net $ 12,020 $ (3,514 ) $ (15,534 ) (129)%\nNet income $ 76,033 $ 59,972 $ (16,061 ) (21)%\nDiluted EPS $ 5.61 $ 4.56 $ (1.05) (19)%\n(1) See \u201cUse of Non -GAAP Constant Currency Measures\u201d below for details relating to our use of constant currency information. \n\tzRevenues were $282.8 billion, an increase of 10% year over year, primarily driven by an increase in Google Services revenues of \n$16.0 billion, or 7%, and an increase in Google Cloud revenues of $7.1 billion, or 37%.\n\tzTotal constant currency revenues, which exclude the effect of hedging, increased 14% year over year.\n\tzCost of revenues was $126.2 billion, an increase of 14% year over year, primarily driven by an increase in other costs of revenues.\n\tzOperating expenses were $81.8 billion, an increase of 20% year over year, primarily driven by increases in compensation expenses due to headcount growth, third-party service fees, and advertising and promotional expenses.\nOther information:\n\tzOn September 12, 2022, we closed the acquisition of Mandiant for a total purchase price of $6.1 billion and added more than 2,600 employees. Mandiant\u2019s financial results are reported within Google Cloud as of the acquisition date. See Note 8 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K for additional information.\n\tzOn July 15, 2022, the company executed a 20-for-one stock split with a record date of July 1, 2022, effected in the form of a \none-time special stock dividend on each share of the company\u2019s Class A, Class B, and Class C stock. All prior period references \nmade to share or per share amounts throughout this Management\u2019s Discussion and Analysis of Financial Condition and Results \nof Operations prior to the effective date have been retroactively adjusted to reflect the effects of the Stock Split. See Note 11 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form", "start_char_idx": 0, "end_char_idx": 3555, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d4b84549-ed2b-43b5-abd2-a6008bf368c6": {"__data__": {"id_": "d4b84549-ed2b-43b5-abd2-a6008bf368c6", "embedding": null, "metadata": {"page_label": "65", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "10babb4f-6c9b-4d45-abfa-d0851847e2ea", "node_type": null, "metadata": {"page_label": "65", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "b14ec3498e95f42da4ee4dd461683635872b0b509336695a2fa0eb2b9570e291"}, "2": {"node_id": "ce984d41-de52-42db-8edd-7f426a09daa0", "node_type": null, "metadata": {"page_label": "65", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "d896633adc2b06ab886dd0bca4c4745acb94c16ad409a39baf4bb7a653f43b3d"}}, "hash": "40ef47aade4eb7df35c19522cb83105a2517e0b2776c27caeb002a97ce1b2eb5", "text": "Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K for additional information.", "start_char_idx": 3464, "end_char_idx": 3588, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "2b67b43f-88e9-4f06-b217-4fe21bc3af80": {"__data__": {"id_": "2b67b43f-88e9-4f06-b217-4fe21bc3af80", "embedding": null, "metadata": {"page_label": "66", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e9d550ba-9d49-43a9-a825-c1df87070c42", "node_type": null, "metadata": {"page_label": "66", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "c57da9d29f874d33d93d580407c30389aef670363aff0f4e9593509e17a4947c"}}, "hash": "c57da9d29f874d33d93d580407c30389aef670363aff0f4e9593509e17a4947c", "text": "28 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\n\tzBeginning in the first quarter of 2022, we suspended the vast majority of our commercial activities in Russia and effectively ceased \nbusiness activities of our Russian entity. The ongoing effect of these direct actions on our financial results was not material. The \nbroader economic effects resulting from the war in Ukraine on our future financial results may be unpredictable.\n\tzRepurchases of Class A and Class C shares were $59.3 billion for the year ended December 31, 2022. See Note 11 of the Notes to \nConsolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K for additional information.\n\tzOperating cash flow was $91.5 billion for the year ended December 31, 2022.\n\tzCapital expenditures, which primarily reflected investments in technical infrastructure, were $31.5 billion for the year ended December 31, 2022.\n\tzAs of December 31, 2022, we had 190,234 employees.\nAdditionally, looking ahead to fiscal year 2023:\n\tzIn January 2023, we announced a reduction of our workforce of approximately 12,000 roles. We expect to incur employee severance \nand related charges of $1.9 billion to $2.3 billion, the majority of which will be recognized in the first quarter of 2023.\nIn addition, we are taking actions to optimize our global office space. As a result we expect to incur exit costs relating to office \nspace reductions of approximately $0.5 billion in the first quarter of 2023. We may incur additional charges in the future as we further evaluate our real estate needs.\n\tzIn January 2023, we completed an assessment of the useful lives of our servers and network equipment, resulting in a change in the estimated useful life of our servers and certain network equipment to six years, which we expect to result in a reduction of depreciation of approximately $3.4 billion for the full fiscal year 2023 for assets in service as of December 31, 2022, recorded primarily in cost of revenues and R&D expenses. \n\tzAs AI is critical to delivering our mission of bringing our breakthrough innovations into the real world, beginning in January 2023, we will update our segment reporting relating to certain of Alphabet\u2019s AI activities. DeepMind, previously reported within Other Bets, will be reported as part of Alphabet\u2019s corporate costs, reflecting its increasing collaboration with Google Services, Google Cloud, and Other Bets. Prior periods will be recast to conform to the revised presentation. See Note 15 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K for information relating to our segments.\nFinancial Results\nRevenues\nThe following table presents revenues by type (in millions):\nYear Ended December 31,\n2021 2022\nGoogle Search & other $ 148,951 $ 162,450\nYouTube ads 28,845 29,243\nGoogle Network 31,701 32,780\nGoogle advertising 209,497 224,473\nGoogle other 28,032 29,055\nGoogle Services total 237,529 253,528\nGoogle Cloud 19,206 26,280\nOther Bets 753 1,068\nHedging gains (losses) 149 1,960\nTotal revenues $ 257,637 $ 282,836", "start_char_idx": 0, "end_char_idx": 3168, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a8f3d25c-f650-480e-94c5-049a3fa0dc5b": {"__data__": {"id_": "a8f3d25c-f650-480e-94c5-049a3fa0dc5b", "embedding": null, "metadata": {"page_label": "67", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b6131e26-39e3-40ec-950a-5d8df0bb66f4", "node_type": null, "metadata": {"page_label": "67", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "bd08a3343e594b72432eafc83552ad4d6cb7f1dcc261afa8066d62f57c30399a"}}, "hash": "bd08a3343e594b72432eafc83552ad4d6cb7f1dcc261afa8066d62f57c30399a", "text": "29 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\nGoogle Services\nGOOGLE ADVERTISING REVENUES\nGoogle Search & other\nGoogle Search & other revenues increased $13.5 billion from 2021 to 2022. The growth was driven by interrelated factors including \nincreases in search queries resulting from growth in user adoption and usage, primarily on mobile devices; growth in advertiser spending; and improvements we have made in ad formats and delivery. Growth was adversely affected by the unfavorable effect of foreign currency exchange rates.\nYouTube ads\nYouTube ads revenues increased $398 million from 2021 to 2022. The growth was driven by our brand advertising products followed \nby direct response products, both of which benefited from increased spending by our advertisers as well as improvements to ad \nformats and delivery. Growth was adversely affected by the unfavorable effect of foreign currency exchange rates.\nGoogle Network\nGoogle Network revenues increased $1.1 billion from 2021 to 2022. The growth was primarily driven by strength in AdSense and \nAdMob. Growth was adversely affected by the unfavorable effect of foreign currency exchange rates.\nMONETIZATION METRICS\nPaid clicks and cost-per-click\nThe following table presents changes in paid clicks and cost-per-click (expressed as a percentage) from 2021 to 2022:\nPaid clicks change 10%\nCost-per-click change  (1)%\nPaid clicks increased from 2021 to 2022 driven by a number of interrelated factors, including an increase in search queries resulting \nfrom growth in user adoption and usage, primarily on mobile devices; growth in advertiser spending; and improvements we have made in ad formats and delivery.\nCost-per-click decreased from 2021 to 2022 driven by a number of interrelated factors including changes in device mix, geographic mix, \nadvertiser spending, ongoing product changes, and property mix, as well as the unfavorable effect of foreign currency exchange rates.\nImpressions and cost-per-impression\nThe following table presents changes in impressions and cost-per-impression (expressed as a percentage) from 2021 to 2022:\nImpressions change 3 %\nCost-per-impression change 1%\nImpressions increased from 2021 to 2022 primarily driven by Google Ad Manager and AdMob. The increase in cost-per-impression \nfrom 2021 to 2022 was driven by a number of interrelated factors including ongoing product and policy changes, improvements we have made in ad formats and delivery, changes in device mix, geographic mix, product mix, and property mix, partially offset by the unfavorable effect of foreign currency exchange rates.\nGOOGLE OTHER REVENUES\nGoogle other revenues increased $1.0 billion from 2021 to 2022 primarily driven by growth in YouTube non-advertising and hardware \nrevenues, partially offset by a decrease in Google Play revenues. The growth in YouTube non-advertising was largely due to an increase in paid subscribers. The growth in hardware was primarily driven by increased sales of Pixel devices. The decrease in Google Play revenues was primarily driven by the fee structure changes we announced in 2021 as well as a decrease in buyer spending. Additionally, the overall increase in Google other revenues was adversely affected by the unfavorable effect of foreign currency exchange rates.", "start_char_idx": 0, "end_char_idx": 3364, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0e88f3a4-8aaa-46b5-a20d-19f99c82280d": {"__data__": {"id_": "0e88f3a4-8aaa-46b5-a20d-19f99c82280d", "embedding": null, "metadata": {"page_label": "68", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2b93ac92-99e5-49d6-b621-18e8398b4c34", "node_type": null, "metadata": {"page_label": "68", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "dd8a714f01ee61c3edd654243a9167a66cae5ec6daed08326d1e3d45d26ecf9d"}}, "hash": "dd8a714f01ee61c3edd654243a9167a66cae5ec6daed08326d1e3d45d26ecf9d", "text": "30 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\nGoogle Cloud\nGoogle Cloud revenues increased $7.1 billion from 2021 to 2022. The growth was primarily driven by Google Cloud Platform followed \nby Google Workspace offerings. Google Cloud\u2019s infrastructure and platform services were the largest drivers of growth in Google \nCloud Platform.\nRevenues by Geography\nThe following table presents revenues by geography as a percentage of revenues, determined based on the addresses of our customers:\nYear Ended December 31,\n2021 2022\nUnited States 46% 48%\nEMEA 31% 29%\nAPAC 18% 16%\nOther Americas 5% 6%\nHedging gains (losses) 0% 1%\nFor further details on revenues by geography, see Note 2 of the Notes to Consolidated Financial Statements included in Item 8 of \nthis Annual Report on Form 10-K.\nUse of Non-GAAP Constant Currency Information\nInternational revenues, which represent a significant portion of our revenues, are generally transacted in multiple currencies and \ntherefore are affected by fluctuations in foreign currency exchange rates.\nThe effect of currency exchange rates on our business is an important factor in understanding period-to-period comparisons. We \nuse non-GAAP constant currency revenues (\u201cconstant currency revenues\u201d) and non-GAAP percentage change in constant currency \nrevenues (\u201cpercentage change in constant currency revenues\u201d) for financial and operational decision-making and as a means to \nevaluate period-to-period comparisons. We believe the presentation of results on a constant currency basis in addition to U.S. Generally \nAccepted Accounting Principles (GAAP) results helps improve the ability to understand our performance, because it excludes the \neffects of foreign currency volatility that are not indicative of our core operating results.\nConstant currency information compares results between periods as if exchange rates had remained constant period over period. \nWe define constant currency revenues as revenues excluding the effect of foreign exchange rate movements (\u201cFX Effect\u201d) as well as hedging activities, which are recognized at the consolidated level. We use constant currency revenues to determine the constant currency revenue percentage change on a year-on-year basis. Constant currency revenues are calculated by translating current period revenues using prior year comparable period exchange rates, as well as excluding any hedging effects realized in the current period.\nConstant currency revenue percentage change is calculated by determining the change in current period revenues over prior year \ncomparable period revenues where current period foreign currency revenues are translated using prior year comparable period exchange rates and hedging effects are excluded from revenues of both periods.\nThese results should be considered in addition to, not as a substitute for, results reported in accordance with GAAP . Results on a \nconstant currency basis, as we present them, may not be comparable to similarly titled measures used by other companies and are not a measure of performance presented in accordance with GAAP .", "start_char_idx": 0, "end_char_idx": 3173, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6c087e1c-cae5-449d-ba78-28ea096e0ef1": {"__data__": {"id_": "6c087e1c-cae5-449d-ba78-28ea096e0ef1", "embedding": null, "metadata": {"page_label": "69", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d7196f9f-034f-446c-9e14-8ffe6c8a4640", "node_type": null, "metadata": {"page_label": "69", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "d6acdca6484db43a28e8d9eba9516754108a6573667782df54d68935cafc566d"}}, "hash": "d6acdca6484db43a28e8d9eba9516754108a6573667782df54d68935cafc566d", "text": "31 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\nThe following table presents the foreign exchange effect on international revenues and total revenues (in millions, except percentages):\nYear Ended December 31, 2022\n% Change from Prior Period\nYear Ended December 31,\nLess FX \nEffectConstant \nCurrency \nRevenuesAs \nReportedLess \nHedging \nEffectLess FX \nEffectConstant \nCurrency \nRevenues 2021 2022\nUnited States $117,854 $134,814 $ 0 $134,814 14% 0% 14%\nEMEA 79,107 82,062 (8,979 ) 91,041 4% (11)% 15%\nAPAC 46,123 47,024 (3,915 ) 50,939 2% (8)% 10%\nOther Americas 14,404 16,976 (430) 17,406 18% (3)% 21%\nRevenues, excluding hedging effect 257,488 280,876 (13,324 ) 294,200 9% (5)% 14%\nHedging gains (losses) 149 1,960\nTotal revenues(1)$257,637 $282,836 $294,200 10% 1% (5)% 14%\n(1) T otal constant currency revenues of $294.2 billion for 2022 increased $36.7 billion compared to $257.5 billion in revenues, excluding hedging effect \nfor\u00a02021.\nEMEA revenue growth was unfavorably affected by changes in foreign currency exchange rates, primarily due to the U.S. dollar \nstrengthening relative to the Euro and the British pound.\nAPAC revenue growth was unfavorably affected by changes in foreign currency exchange rates, primarily due to the U.S. dollar \nstrengthening relative to the Japanese yen and the Australian dollar.\nOther Americas growth was unfavorably affected by changes in foreign currency exchange rates, primarily due to the U.S. dollar \nstrengthening relative to the Argentine peso.\nCosts and Expenses\nCOST OF REVENUES\nThe following table presents cost of revenues, including TAC (in millions, except percentages):\nYear Ended December 31,\n2021 2022\nTAC $ 45,566 $ 48,955\nOther cost of revenues 65,373 77,248\nTotal cost of revenues $ 110,939 $ 126,203\nTotal cost of revenues as a percentage of revenues 43% 45%\nCost of revenues increased $15.3 billion from 2021 to 2022. The increase was due to an increase in other cost of revenues and TAC \nof $11.9 billion and $3.4 billion, respectively.\nThe increase in TAC from 2021 to 2022 was due to an increase in TAC paid to distribution partners and to Google Network partners, \nprimarily driven by growth in revenues subject to TAC. The TAC rate was 22% in both 2021 and 2022. The TAC rate on Google Search & \nother revenues and the TAC rate on Google Network revenues were both substantially consistent from 2021 to 2022.\nThe increase in other cost of revenues from 2021 to 2022 was primarily due to increases in data center costs and other operations \ncosts as well as hardware costs.\nRESEARCH AND DEVELOPMENT\nThe following table presents R&D expenses (in millions, except percentages):\nYear Ended December 31,\n2021 2022\nResearch and development expenses $ 31,562 $ 39,500\nResearch and development expenses as a percentage of revenues 12% 14%\nR&D expenses increased $7.9 billion from 2021 to 2022 primarily driven by an increase in compensation expenses of $5.4 billion, \nlargely resulting from a 21% increase in average headcount, and an increase in third-party service fees of $704 million.", "start_char_idx": 0, "end_char_idx": 3138, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3d628788-6c1a-47c9-a98c-94980847087e": {"__data__": {"id_": "3d628788-6c1a-47c9-a98c-94980847087e", "embedding": null, "metadata": {"page_label": "70", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "947c2300-65a1-4adf-aadf-b5b16f7393f8", "node_type": null, "metadata": {"page_label": "70", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "93b6f316d3c7f30ca5d6b17ae5d5e0b5605b03441bd52eba65b1d1d443e20ea6"}}, "hash": "93b6f316d3c7f30ca5d6b17ae5d5e0b5605b03441bd52eba65b1d1d443e20ea6", "text": "32 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\nSALES AND MARKETING\nThe following table presents sales and marketing expenses (in millions, except percentages):\nYear Ended December 31,\n2021 2022\nSales and marketing expenses $ 22,912 $ 26,567\nSales and marketing expenses as a percentage of revenues 9% 9%\nSales and marketing expenses increased $3.7 billion from 2021 to 2022, primarily driven by an increase in compensation expenses \nof $1.8 billion, largely resulting from a 19% increase in average headcount, and an increase in advertising and promotional activities \nof $1.3 billion.\nGENERAL AND ADMINISTRATIVE\nThe following table presents general and administrative expenses (in millions, except percentages):\nYear Ended December 31,\n2021 2022\nGeneral and administrative expenses $ 13,510 $ 15,724\nGeneral and administrative expenses as a percentage of revenues 5% 6%\nGeneral and administrative expenses increased $2.2 billion from 2021 to 2022. The increase was primarily driven by an increase in \ncompensation expenses of $1.1 billion, largely resulting from a 21% increase in average headcount, and an increase in third-party services fees of $815 million. In addition, there was a $551 million increase to the allowance for credit losses for accounts receivable, as the prior year comparable period reflected a decline in the allowance.\nSEGMENT PROFITABILITY\nThe following table presents segment operating income (loss) (in millions).\nYear Ended December 31,\n2021 2022\nOperating income (loss):\nGoogle Services $ 91,855 $ 86,572\nGoogle Cloud (3,099 ) (2,968 )\nOther Bets (5,281 ) (6,083 )\nCorporate costs, unallocated(1)(4,761 ) (2,679 )\nTotal income from operations $ 78,714 $ 74,842\n(1) Unallocated corporate costs primarily include corporate initiatives, corporate shared costs, such as finance and legal, including certain fines and \nsettlements, as well as costs associated with certain shared R&D activities. Additionally, hedging gains (losses) related to revenue are included in corporate \ncosts and totaled $149 million and $2.0 billion in 2021 and 2022, respectively.\nGOOGLE SERVICES\nGoogle Services operating income decreased $5.3 billion from 2021 to 2022. The decrease in operating income was primarily driven \nby increases in compensation expenses and TAC, partially offset by growth in revenues.\nGOOGLE CLOUD\nGoogle Cloud operating loss decreased $131 million from 2021 to 2022. The decrease in operating loss was primarily driven by \ngrowth in revenues, partially offset by an increase in compensation expenses.\nOTHER BETS\nOther Bets operating loss increased $802 million from 2021 to 2022. The increase in operating loss was primarily driven by increases \nin compensation expenses, partially offset by growth in revenues.", "start_char_idx": 0, "end_char_idx": 2835, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "653cd6ad-9b48-4640-ae19-cdb92d3bafb8": {"__data__": {"id_": "653cd6ad-9b48-4640-ae19-cdb92d3bafb8", "embedding": null, "metadata": {"page_label": "71", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "360f3365-e541-4075-9090-dbdac6a76cee", "node_type": null, "metadata": {"page_label": "71", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "02a26a00563a20eb39f38cf387fbe1b5ab7241388879dfd16177305115dd10a3"}}, "hash": "02a26a00563a20eb39f38cf387fbe1b5ab7241388879dfd16177305115dd10a3", "text": "33 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\nOTHER INCOME (EXPENSE), NET\nThe following table presents other income (expense), net, (in millions):\nYear Ended December 31,\n2021 2022\nOther income (expense), net $ 12,020 $ (3,514 )\nOther income (expense), net, decreased $15.5 billion from 2021 to 2022 primarily due to changes in gains and losses on equity \nsecurities and performance fees. In 2022, $3.2 billion of net unrealized losses were recognized on marketable equity securities \nand $1.5 billion of net realized losses were recognized on debt securities. These losses were partially offset by interest income of \n$2.2 billion and reversals of previously accrued performance fees related to certain investments of $798 million. In 2021, $9.8 billion \nof net unrealized gains were recognized on non-marketable equity securities and $1.5 billion of interest income was recognized, \npartially offset by $1.9 billion of accrued performance fees related to certain investments.\nSee Note 7 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K for further \ninformation.\nPROVISION FOR INCOME TAXES\nThe following table presents provision for income taxes (in millions, except for effective tax rate):\nYear Ended December 31,\n2021 2022\nIncome before provision for income taxes $ 90,734 $ 71,328\nProvision for income taxes $ 14,701 $ 11,356\nEffective tax rate 16.2% 15.9%\nThe effective tax rate decreased from 2021 to 2022, primarily driven by the effects of capitalization and amortization of R&D expenses \nin 2022 as required by the 2017 Tax Cuts and Jobs Act generating an increase in the U.S. federal Foreign Derived Intangible Income tax deduction. The decrease was partially offset by a decrease in pre-tax earnings, including in countries that have lower statutory rates and a decrease in the stock-based compensation related tax benefit. See Note 14 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K for further information.\nFinancial Condition\nCash, Cash Equivalents, and Marketable Securities\nAs of December 31, 2022, we had $113.8 billion in cash, cash equivalents, and short-term marketable securities. Cash equivalents and marketable securities are comprised of time deposits, money market funds, highly liquid government bonds, corporate debt \nsecurities, mortgage-backed and asset-backed securities, and marketable equity securities.\nSources, Uses of Cash, and Related Trends\nOur principal sources of liquidity are cash, cash equivalents, and marketable securities, as well as the cash flow that we generate \nfrom operations. The primary use of capital continues to be to invest for the long-term growth of the business. We regularly evaluate our cash and capital structure, including the size, pace, and form of capital return to stockholders.\nThe following table presents our cash flows (in millions):\nYear Ended December 31,\n2021 2022\nNet cash provided by operating activities $ 91,652 $ 91,495\nNet cash used in investing activities $ (35,523 ) $ (20,298 )\nNet cash used in financing activities $ (61,362 ) $ (69,757 )", "start_char_idx": 0, "end_char_idx": 3227, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "41f23264-3038-4ac8-b3d7-1e58ae43dd64": {"__data__": {"id_": "41f23264-3038-4ac8-b3d7-1e58ae43dd64", "embedding": null, "metadata": {"page_label": "72", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d5ad60ff-564e-4d32-ae36-38408bd00e9a", "node_type": null, "metadata": {"page_label": "72", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "e1470cd0533c3b3ea8a74db2f689c188c941114b0e6a80322e867ee7fc9fe050"}, "3": {"node_id": "3af0f7de-f92a-4ed7-b72c-65c6893c33ac", "node_type": null, "metadata": {"page_label": "72", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "67debf98e07164ec7b66586772399ecdfd77acda049874cdcf4b333c01726c1c"}}, "hash": "8595251569af270ce84d40197967ebe46262d2e918b78e30589419df97557903", "text": "34 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\nCASH PROVIDED BY OPERATING ACTIVITIES\nOur largest source of cash provided by operations are advertising revenues generated by Google Search & other properties, Google \nNetwork properties, and YouTube properties. Additionally, we generate cash through sales of apps and in-app purchases, and hardware; \nand licensing and service fees, including fees received for Google Cloud offerings and subscription-based products.\nOur primary uses of cash from operating activities include payments to distribution and Google Network partners, to employees for \ncompensation, and to content providers. Other uses of cash from operating activities include payments to suppliers for hardware, to tax authorities for income taxes, and other general corporate expenditures.\nNet cash provided by operating activities decreased from 2021 to 2022 primarily due to the net effect of an increase in cash received \nfrom revenues, offset by increases in cash paid for cost of revenues and operating expenses and an increase in tax payments driven by the effects of capitalization and amortization of R&D expenses beginning in 2022 as required by the 2017 Tax Cuts and Jobs Act.\nCASH USED IN INVESTING ACTIVITIES\nCash provided by investing activities consists primarily of maturities and sales of investments in marketable and non-marketable \nsecurities. Cash used in investing activities consists primarily of purchases of marketable and non-marketable securities, purchases of property and equipment, and payments for acquisitions.\nNet cash used in investing activities decreased from 2021 to 2022 as a result of a decrease in net purchases of and maturities and \nsales of marketable securities, partially offset by an increase in purchases of property and equipment.\nCASH USED IN FINANCING ACTIVITIES\nCash provided by financing activities consists primarily of proceeds from issuance of debt and proceeds from the sale of interest in \nconsolidated entities. Cash used in financing activities consists primarily of repurchases of stock, net payments related to stock-based award activities, and repayments of debt.\nNet cash used in financing activities increased from 2021 to 2022 primarily due to an increase in repurchases of stock.\nLiquidity and Material Cash Requirements\nWe expect existing cash, cash equivalents, short-term marketable securities, cash flows from operations and financing activities to \ncontinue to be sufficient to fund our operating activities and cash commitments for investing and financing activities for at least the next 12 months and thereafter for the foreseeable future.\nCAPITAL EXPENDITURES AND LEASES\nWe make investments in land and buildings for data centers and offices and information technology assets through purchases of \nproperty and equipment and lease arrangements to provide capacity for the growth of our services and products. \nCapital Expenditures\nOur capital investments in property and equipment consist primarily of the following major categories:\n\tztechnical infrastructure, which consists of our investments in servers and network equipment for computing, storage, and networking requirements for ongoing business activities, including AI, (collectively referred to as our information technology assets) and data center land and building construction; and\n\tzoffice facilities, ground-up development projects, and building improvements (also referred to as \u201cfit-outs\u201d).\nConstruction in progress consists primarily of technical infrastructure and office facilities which have not yet been placed in service. The time frame from date of purchase to placement in service of these assets may extend from months to years. For example, our data center construction projects are generally multi-year projects with multiple phases, where we acquire qualified land and buildings, construct buildings, and secure and install information technology assets. \nDuring the years ended December 31, 2021 and 2022, we spent $24.6 billion and $31.5 billion on capital expenditures, respectively. \nDepreciation of our property and equipment commences when the deployment of such assets are", "start_char_idx": 0, "end_char_idx": 4236, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3af0f7de-f92a-4ed7-b72c-65c6893c33ac": {"__data__": {"id_": "3af0f7de-f92a-4ed7-b72c-65c6893c33ac", "embedding": null, "metadata": {"page_label": "72", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d5ad60ff-564e-4d32-ae36-38408bd00e9a", "node_type": null, "metadata": {"page_label": "72", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "e1470cd0533c3b3ea8a74db2f689c188c941114b0e6a80322e867ee7fc9fe050"}, "2": {"node_id": "41f23264-3038-4ac8-b3d7-1e58ae43dd64", "node_type": null, "metadata": {"page_label": "72", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "8595251569af270ce84d40197967ebe46262d2e918b78e30589419df97557903"}}, "hash": "67debf98e07164ec7b66586772399ecdfd77acda049874cdcf4b333c01726c1c", "text": "\nDepreciation of our property and equipment commences when the deployment of such assets are completed and are ready for our intended use. Land is not depreciated. For the years ended December 31, 2021 and 2022, our depreciation and impairment expenses on property and equipment were $11.6 billion and $15.3 billion, respectively.", "start_char_idx": 4144, "end_char_idx": 4474, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ecaa262e-538d-41bd-b576-9e311def6061": {"__data__": {"id_": "ecaa262e-538d-41bd-b576-9e311def6061", "embedding": null, "metadata": {"page_label": "73", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d5a85302-a5e0-4068-a7f3-f7221c72b2d7", "node_type": null, "metadata": {"page_label": "73", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "767609839598dcfbdfd2328f3fcbbf172a18c0d7f6ab32a038497c4603155bba"}, "3": {"node_id": "cfb3f958-a97c-46e1-b80f-19c96e9a4a1d", "node_type": null, "metadata": {"page_label": "73", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "d9bb40c5a2b26bc44481093288815b3f8c83be3ca3b1e07d2db34bc6eada8ac5"}}, "hash": "f227a25d595b93531243ee37caae2b956226de1b4947cbf25688cf7db2ab71d6", "text": "35 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\nLeases\nFor the years ended December 31, 2021 and 2022, we recognized total operating lease assets of $3.0 billion and $4.4 billion, \nrespectively. As of December 31, 2022, the amount of total future lease payments under operating leases, which had a weighted average remaining lease term of 8 years, was $17.4 billion, of which $3.0 billion is short-term. As of December 31, 2022, we have entered into leases that have not yet commenced with future short-term and long-term lease payments of $630 million and $3.1 billion that are not yet recorded on our Consolidated Balance Sheets. These leases will commence between 2023 and 2026 with non-cancelable lease terms of 1 to 25 years.\nFor the years ended December 31, 2021 and 2022, our operating lease expenses (including variable lease costs) were $3.4 billion and \n$3.7 billion, respectively. Finance lease costs were not material for the years ended December 31, 2021 and 2022. See Note 4 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K for further information on leases.\nFINANCING\nWe have a short-term debt financing program of up to $10.0 billion through the issuance of commercial paper. Net proceeds from \nthis program are used for general corporate purposes. As of December 31, 2022, we had no commercial paper outstanding. \nAs of December 31, 2022, we had $10.0 billion of revolving credit facilities, $4.0 billion expiring in April 2023 and $6.0 billion expiring \nin April 2026. The interest rates for all credit facilities are determined based on a formula using certain market rates, as well as our progress toward the achievement of certain sustainability goals. No amounts have been borrowed under the credit facilities.\nAs of December 31, 2022, we had senior unsecured notes outstanding with a total carrying value of $12.9 billion with short-term and \nlong-term future interest payments of $231 million and $3.8 billion, respectively. See Note 6 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K for further information on our debt.\nWe primarily utilize contract manufacturers for the assembly of our servers used in our technical infrastructure and hardware products \nwe sell. We have agreements where we may purchase components directly from suppliers and then supply these components to contract manufacturers for use in the assembly of the servers and hardware products. Certain of these arrangements result in a portion of the cash received from and paid to the contract manufacturers to be presented as financing activities in the Consolidated Statements of Cash Flows included in Item 8 of this Annual Report on From 10-K.\nSHARE REPURCHASE PROGRAM\nIn April 2022, the Board of Directors of Alphabet authorized the company to repurchase up to $70.0 billion of its Class A and \nClass C shares. As of December 31, 2022, $28.1 billion remains available for Class A and Class C share repurchases. In accordance \nwith the authorization of the Board of Directors of Alphabet, during 2022 we repurchased and subsequently retired 530 million shares \nfor $59.3 billion. Of the aggregate amount repurchased and subsequently retired, 61 million shares were Class A stock for $6.7 billion \nand 469 million shares were Class C stock for $52.6 billion. See Note 11 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K.\nEUROPEAN COMMISSION FINES\nIn 2017, 2018 and 2019, the EC announced decisions that certain actions taken by Google infringed European competition law \nand imposed fines of \u20ac2.4 billion ($2.7 billion as of June 27, 2017), \u20ac4.3 billion ($5.1 billion as of June 30, 2018), and \u20ac1.5 billion ($1.7\u00a0billion", "start_char_idx": 0, "end_char_idx": 3873, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "cfb3f958-a97c-46e1-b80f-19c96e9a4a1d": {"__data__": {"id_": "cfb3f958-a97c-46e1-b80f-19c96e9a4a1d", "embedding": null, "metadata": {"page_label": "73", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d5a85302-a5e0-4068-a7f3-f7221c72b2d7", "node_type": null, "metadata": {"page_label": "73", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "767609839598dcfbdfd2328f3fcbbf172a18c0d7f6ab32a038497c4603155bba"}, "2": {"node_id": "ecaa262e-538d-41bd-b576-9e311def6061", "node_type": null, "metadata": {"page_label": "73", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "f227a25d595b93531243ee37caae2b956226de1b4947cbf25688cf7db2ab71d6"}}, "hash": "d9bb40c5a2b26bc44481093288815b3f8c83be3ca3b1e07d2db34bc6eada8ac5", "text": "billion as of June 30, 2018), and \u20ac1.5 billion ($1.7\u00a0billion as of March 20, 2019), respectively. On September 14, 2022, the General Court reduced the 2018 fine from \u20ac4.3 billion to \u20ac4.1 billion. We subsequently filed an appeal to the European Court of Justice. In 2018 we recognized a charge of $5.1 billion for \nthe fine, which we reduced by $217 million in 2022. \nWhile each EC decision is under appeal, we included the fines in accrued expenses and other current liabilities on our Consolidated \nBalance Sheets as we provided bank guarantees (in lieu of a cash payment) for the fines. For further details, see Note 10 of the Notes \nto Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K.\nTAXES\nAs of December 31, 2022, we had short-term and long-term income taxes payable of $1.6 billion and $4.2 billion related to a one-time \ntransition tax payable incurred as a result of the U.S. Tax Cuts and Jobs Act (\u201cTax Act\u201d). As permitted by the Tax Act, we will pay the transition tax in annual interest-free installments through 2025. We also have taxes payable of $5.1 billion primarily related to uncertain tax positions as of December 31, 2022.", "start_char_idx": 3813, "end_char_idx": 4995, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5f265d66-ca65-4ff4-8ff0-177be27dae5b": {"__data__": {"id_": "5f265d66-ca65-4ff4-8ff0-177be27dae5b", "embedding": null, "metadata": {"page_label": "74", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c04ab342-1ff3-48f0-84e5-aed425d44597", "node_type": null, "metadata": {"page_label": "74", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "954d2a317726bbe5640f0538c0a1a8b6a6e7a5a76532003fe4b4e0d46656dab4"}, "3": {"node_id": "40e42784-183a-4ee2-95d3-5af6c29cd958", "node_type": null, "metadata": {"page_label": "74", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "1c43b1e6f6672faccd5d3ea8faf5c2d8a668578e67236a2649016282bbb451f0"}}, "hash": "a72f69a9cc7a8c39a2f35307dd568a75dea6b717028f09a375d3d6407b524c58", "text": "36 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\nPURCHASE COMMITMENTS \nAs of December 31, 2022, we had material non-cancelable contractual obligations of $32.0 billion, of which $17.3 billion was short-term. \nThese amounts represent the non-cancelable portion of agreements or the minimum cancellation fee and are primarily related to \ncommitments to purchase licenses, technical infrastructure, inventory, and network capacity. For those agreements with variable \nterms, we do not estimate the non-cancelable obligation beyond any minimum quantities and/or pricing as of December 31, 2022.\nIn addition we regularly enter into multi-year, non-cancellable agreements to purchase renewable energy and energy attributes, such \nas renewable energy certificates. These agreements do not include a minimum dollar commitment. The amounts to be paid under these agreements are based on the actual volumes to be generated and are not readily determinable.\nCritical Accounting Estimates\nWe prepare our consolidated financial statements in accordance with GAAP . In doing so, we have to make estimates and assumptions. Our critical accounting estimates are those estimates that involve a significant level of uncertainty at the time the estimate was \nmade, and changes in them have had or are reasonably likely to have a material effect on our financial condition or results of \noperations. Accordingly, actual results could differ materially from our estimates. We base our estimates on past experience and other assumptions that we believe are reasonable under the circumstances, and we evaluate these estimates on an ongoing basis. We have reviewed our critical accounting estimates with the Audit and Compliance Committee of our Board of Directors.\nSee Note 1 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K for a summary \nof significant accounting policies and the effect on our financial statements.\nFair Value Measurements of Non-Marketable Equity Securities\nWe measure certain financial instruments at fair value on a nonrecurring basis, consisting primarily of our non-marketable equity securities. These investments are accounted for under the measurement alternative method (\u201cthe measurement alternative\u201d) and are measured at cost, less impairment, subject to upward and downward adjustments resulting from observable price changes for identical or similar investments of the same issuer. These adjustments require quantitative assessments of the fair value of our securities, which may require the use of unobservable inputs. Pricing adjustments are determined by using various valuation methodologies and involve the use of estimates using the best information available, which may include cash flow projections or other available market data.\nNon-marketable equity securities are also evaluated for impairment, based on qualitative factors including the companies\u2019 financial \nand liquidity position and access to capital resources, among others. When indicators of impairment exist, we prepare quantitative measurements of the fair value of our equity investments using a market approach or an income approach, which requires judgment and the use of unobservable inputs, including discount rates, investee revenues and costs, and comparable market data of private and public companies, among others. When the quantitative remeasurements of fair value indicate an impairment exists, we write down the investment to its current fair value.\nWe also have compensation arrangements with payouts based on realized returns from certain investments, i.e. performance fees. \nWe record compensation expense based on the estimated payouts on an ongoing basis, which may result in expense recognized before investment returns are realized and compensation is paid and may require the use of unobservable inputs.\nProperty and Equipment\nWe assess the reasonableness of the useful lives of our property and equipment periodically as well as when other changes occur, such as when there are changes to ongoing business operations, changes in the planned use and utilization of assets, or technological", "start_char_idx": 0, "end_char_idx": 4233, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "40e42784-183a-4ee2-95d3-5af6c29cd958": {"__data__": {"id_": "40e42784-183a-4ee2-95d3-5af6c29cd958", "embedding": null, "metadata": {"page_label": "74", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c04ab342-1ff3-48f0-84e5-aed425d44597", "node_type": null, "metadata": {"page_label": "74", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "954d2a317726bbe5640f0538c0a1a8b6a6e7a5a76532003fe4b4e0d46656dab4"}, "2": {"node_id": "5f265d66-ca65-4ff4-8ff0-177be27dae5b", "node_type": null, "metadata": {"page_label": "74", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "a72f69a9cc7a8c39a2f35307dd568a75dea6b717028f09a375d3d6407b524c58"}}, "hash": "1c43b1e6f6672faccd5d3ea8faf5c2d8a668578e67236a2649016282bbb451f0", "text": "ongoing business operations, changes in the planned use and utilization of assets, or technological advancements, that could indicate a change in the period over which we expect to benefit from the assets. \nIncome Taxes\nWe are subject to income taxes in the U.S. and foreign jurisdictions. Significant judgment is required in evaluating our uncertain tax positions and determining our provision for income taxes.\nRecording an uncertain tax position involves various qualitative considerations, including evaluation of comparable and resolved \ntax exposures, applicability of tax laws, and likelihood of settlement. We evaluate uncertain tax positions periodically, considering changes in facts and circumstances, such as new regulations or recent judicial opinions, as well as the status of audit activities by \ntaxing authorities. Although we believe we have adequately reserved for our uncertain tax positions, no assurance can be given that \nthe final tax outcome of these matters will not be different. To the extent that the final tax outcome of these matters is different than \nthe amounts recorded, such differences will affect the provision for income taxes and the effective tax rate in the period in which such determination is made.", "start_char_idx": 4134, "end_char_idx": 5377, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0935ba78-5ecc-4087-a642-ca1b50b409eb": {"__data__": {"id_": "0935ba78-5ecc-4087-a642-ca1b50b409eb", "embedding": null, "metadata": {"page_label": "75", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c2021f43-9b6f-4671-a6c1-0ac0ab3e0cb4", "node_type": null, "metadata": {"page_label": "75", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "fd1ee20a68700acc29282ff778b74b00c8be2f0ca9ab1b9ebe358523697f81e7"}}, "hash": "fd1ee20a68700acc29282ff778b74b00c8be2f0ca9ab1b9ebe358523697f81e7", "text": "37 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07\u00a0\u00a0 MANAGEMENT\u2019S DISCUSSION AND ANAL YSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS\nThe provision for income taxes includes the effect of reserve provisions and changes to reserves that are considered appropriate \nas well as the related net interest and penalties. In addition, we are subject to the continuous examination of our income tax returns \nby the Internal Revenue Services (IRS) and other tax authorities which may assert assessments against us. We regularly assess the \nlikelihood of adverse outcomes resulting from these examinations and assessments to determine the adequacy of our provision \nfor income taxes.\nLoss Contingencies\nWe are regularly subject to claims, lawsuits, regulatory and government investigations, other proceedings, and consent orders \ninvolving competition, intellectual property, data privacy and security, tax and related compliance, labor and employment, commercial \ndisputes, content generated by our users, goods and services offered by advertisers or publishers using our platforms, personal injury consumer protection, and other matters. Certain of these matters include speculative claims for substantial or indeterminate \namounts of damages. We record a liability when we believe that it is probable that a loss has been incurred and the amount can be \nreasonably estimated. If we determine that a loss is reasonably possible and the loss or range of loss can be estimated, we disclose the possible loss in Note 10 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K. \nWe evaluate, on a regular basis, developments in our legal matters that could affect the amount of liability that has been previously \naccrued, and the matters and related reasonably possible losses disclosed, and make adjustments and changes to our disclosures as appropriate. Significant judgment is required to determine both the likelihood and the estimated amount of a loss related to such matters. Until the final resolution of such matters, there may be an exposure to loss in excess of the amount recorded, and such amounts could be material. \nChange in Accounting Estimate\nIn January 2023, we completed an assessment of the useful lives of our servers and network equipment, resulting in a change in the estimated useful life of our servers and certain network equipment to six years, which we expect to result in a reduction of depreciation of approximately $3.4 billion for the full fiscal year 2023 for assets in service as of December 31, 2022, recorded primarily in cost of revenues and R&D expenses. See Note 1 of the Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K for information relating to the useful lives of our servers and network equipment.", "start_char_idx": 0, "end_char_idx": 2831, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a1834b50-29ce-4ce4-91d6-d09e7258ad62": {"__data__": {"id_": "a1834b50-29ce-4ce4-91d6-d09e7258ad62", "embedding": null, "metadata": {"page_label": "76", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "88accf94-342d-4a90-bbc9-bb7f1712659e", "node_type": null, "metadata": {"page_label": "76", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "3f68b1dce1baf4326bb0ff921323376e60adfd6ff39bcc9bb4947721b3d17b10"}, "3": {"node_id": "7421827e-bf54-43f8-b00e-91115bb94d86", "node_type": null, "metadata": {"page_label": "76", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "64d12d367b49fefca332d554e7c4be25150f813f512760e3bf499232057a368f"}}, "hash": "011777f61b5fbc0bdfb2897bb05408c5a948d38898a50a738a995c6f4861738e", "text": "38 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07A\u00a0\u00a0 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK\n \u2014ITEM\u00a07A.  QU ANTITATIVE AND QUALITATIVE DISCLOSURES \nABOUT MARKET RISK\nWe are exposed to financial market risks, including changes in foreign currency exchange rates, interest rates, and equity investment risks.\nForeign Currency Exchange Risk\nWe transact business globally in multiple currencies. International revenues, as well as costs and expenses denominated in foreign \ncurrencies, expose us to the risk of fluctuations in foreign currency exchange rates against the U.S. dollar. Principal currencies hedged \nincluded the Australian dollar, British pound, Canadian dollar, Euro, and Japanese yen. For the purpose of analyzing foreign currency exchange risk, we considered the historical trends in foreign currency exchange rates and determined that it was reasonably possible \nthat adverse changes in exchange rates of 10% could be experienced.\nWe use foreign currency forward and option contracts to offset the foreign exchange risk on assets and liabilities denominated \nin currencies other than the functional currency of the subsidiary. These forward and option contracts reduce, but do not entirely eliminate, the effect of foreign currency exchange rate movements on our assets and liabilities. The foreign currency gains and \nlosses on these assets and liabilities are recorded in other income (expense), net, which are offset by the gains and losses on the \nforward and option contracts.\nIf an adverse 10% foreign currency exchange rate change was applied to total monetary assets, liabilities, and commitments \ndenominated in currencies other than the functional currencies at the balance sheet date, it would have resulted in an adverse effect \non income before income taxes of approximately $285 million and $136 million as of December 31, 2021 and 2022, respectively, after consideration of the effect of foreign exchange contracts in place for the years ended December 31, 2021 and 2022.\nWe use foreign currency forward and option contracts, including collars (an option strategy comprised of a combination of purchased \nand written options) to protect forecasted U.S. dollar-equivalent earnings from changes in foreign currency exchange rates. When the U.S. dollar strengthens, gains from foreign currency forward and option contacts reduce the foreign currency losses related to our earnings. When the U.S. dollar weakens, losses from foreign currency forward and option contracts offset the foreign currency gains related to our earnings. These hedging contracts reduce, but do not entirely eliminate, the effect of foreign currency exchange rate movements. We designate these contracts as cash flow hedges for accounting purposes. We reflect the gains or losses of foreign currency spot rate changes as a component of accumulated other comprehensive income (AOCI) and subsequently reclassify them into revenues to offset the hedged exposures as they occur. \nIf the U.S. dollar weakened by 10% as of December 31, 2021 and 2022, the amount recorded in AOCI related to our cash flow \nhedges before tax effect would have been approximately $1.3 billion lower for both December 31, 2021 and 2022. The change in the value recorded in AOCI would be expected to offset a corresponding foreign currency change in forecasted hedged revenues when recognized.\nWe use foreign exchange forward contracts designated as net investment hedges to hedge the foreign currency risks related to \ninvestment in foreign subsidiaries. These forward contracts serve to offset the foreign currency translation risk from our foreign operations.\nIf the U.S. dollar weakened by 10%, the amount recorded in cumulative translation adjustment (CTA) within AOCI related to our net \ninvestment hedges before tax effect would have been approximately $975 million and $903 million lower as of December 31, 2021 and 2022, respectively. The change in value recorded in CTA would be expected to offset a corresponding foreign currency translation gain or loss from our investment in foreign subsidiaries.\nInterest Rate Risk\nOur Corporate Treasury investment strategy is to achieve a return that will allow us to preserve capital and maintain", "start_char_idx": 0, "end_char_idx": 4236, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7421827e-bf54-43f8-b00e-91115bb94d86": {"__data__": {"id_": "7421827e-bf54-43f8-b00e-91115bb94d86", "embedding": null, "metadata": {"page_label": "76", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "88accf94-342d-4a90-bbc9-bb7f1712659e", "node_type": null, "metadata": {"page_label": "76", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "3f68b1dce1baf4326bb0ff921323376e60adfd6ff39bcc9bb4947721b3d17b10"}, "2": {"node_id": "a1834b50-29ce-4ce4-91d6-d09e7258ad62", "node_type": null, "metadata": {"page_label": "76", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "011777f61b5fbc0bdfb2897bb05408c5a948d38898a50a738a995c6f4861738e"}}, "hash": "64d12d367b49fefca332d554e7c4be25150f813f512760e3bf499232057a368f", "text": "strategy is to achieve a return that will allow us to preserve capital and maintain liquidity. We invest primarily in debt securities, including government bonds, corporate debt securities, mortgage-backed and asset-backed securities, money market and other funds, time deposits, and interest rate derivatives. By policy, we limit the amount of credit exposure to any one issuer. Our investments in both fixed rate and floating rate interest earning securities carry a degree of interest rate risk. Fixed rate securities may have their fair market value adversely affected due to a rise in interest rates, while floating rate securities may produce less income than predicted if interest rates fall. Unrealized gains or losses on our marketable debt securities are primarily due to interest rate fluctuations as compared to interest rates at the time of purchase. For certain fixed and variable rate debt securities, we have elected the fair value option for which changes in fair value are recorded in other income (expense), net. We measure securities for which we have not elected the fair value option at fair value with gains and losses recorded in AOCI until the securities are sold, less any expected credit losses.", "start_char_idx": 4153, "end_char_idx": 5375, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0bfe0be6-5671-4c06-adc6-ac22a7f39ca5": {"__data__": {"id_": "0bfe0be6-5671-4c06-adc6-ac22a7f39ca5", "embedding": null, "metadata": {"page_label": "77", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e011a64c-de58-4bf5-8afa-0d01b19ba3d9", "node_type": null, "metadata": {"page_label": "77", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "25909339348078bfbf0a5da8f838bcc261990e4da11b8b05da96a863bf99e236"}, "3": {"node_id": "1b1a96b2-5a27-4267-80a2-732eb749210a", "node_type": null, "metadata": {"page_label": "77", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "0d157efa9dea805d5d28705637100eed036e8270b5a741f39428bbed4f455331"}}, "hash": "7bf8e7c41d085e0395d15fac9070dcbf1eadc6796a55a6d9c07dc385ab1e447f", "text": "39 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a07A\u00a0\u00a0 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK\nWe use value-at-risk (VaR) analysis to determine the potential effect of fluctuations in interest rates on the value of our marketable \ndebt security portfolio. The VaR is the expected loss in fair value, for a given confidence interval, for our investment portfolio due to \nadverse movements in interest rates. We use a variance/covariance VaR model with 95% confidence interval. The estimated one-day \nloss in fair value of marketable debt securities as of December 31, 2021 and 2022 are shown below (in millions):\nAs of December 31,12-Month Average \nAs of December 31,\n2021 2022 2021 2022\nRisk category - interest rate $ 139 $ 256 $ 148 $ 198\nActual future gains and losses associated with our marketable debt security portfolio may differ materially from the sensitivity \nanalyses performed as of December 31, 2021 and 2022 due to the inherent limitations associated with predicting the timing and amount of changes in interest rates and our actual exposures and positions. VaR analysis is not intended to represent actual losses but is used as a risk estimation.\nEquity Investment Risk\nOur marketable and non-marketable equity securities are subject to a wide variety of market-related risks that could substantially reduce or increase the fair value of our holdings.\nOur marketable equity securities are publicly traded stocks or funds and our non-marketable equity securities are investments in \nprivately held companies, some of which are in the startup or development stages.\nWe record marketable equity securities not accounted for under the equity method at fair value based on readily determinable \nmarket values, of which publicly traded stocks and mutual funds are subject to market price volatility, and represent $7.8 billion and \n$5.2 billion of our investments as of December 31, 2021 and 2022, respectively. A hypothetical adverse price change of 10% on our \nDecember 31, 2022 balance would decrease the fair value of marketable equity securities by $516 million. From time to time, we \nmay enter into derivatives to hedge the market price risk on certain of our marketable equity securities.\nOur non-marketable equity securities not accounted for under the equity method are adjusted to fair value for observable transactions \nfor identical or similar investments of the same issuer or impairment (referred to as the measurement alternative). The fair value measured at the time of the observable transaction is not necessarily an indication of the current fair value as of the balance sheet date. These investments, especially those that are in the early stages, are inherently risky because the technologies or products these companies have under development are typically in the early phases and may never materialize, and they may experience a decline in financial condition, which could result in a loss of a substantial part of our investment in these companies. Valuations of our equity investments in private companies are inherently more complex due to the lack of readily available market data and observable transactions at lower valuations could result in significant losses. In addition, global economic conditions could result in additional volatility. The success of our investment in any private company is also typically dependent on the likelihood of our ability to realize appreciation in the value of investments through liquidity events such as public offerings, acquisitions, private sales or other market events. Changes in the valuation of non-marketable equity securities may not directly correlate with changes in valuation of marketable equity securities. As of December 31, 2021 and 2022, the carrying value of our non-marketable equity securities, which were accounted for under the measurement alternative, was $27.6 billion and $28.5 billion, respectively. \nThe carrying values of our equity method investments, which totaled approximately $1.5 billion as of December 31, 2021 and 2022, \ngenerally do not fluctuate based on market price changes. However, these investments could be", "start_char_idx": 0, "end_char_idx": 4143, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1b1a96b2-5a27-4267-80a2-732eb749210a": {"__data__": {"id_": "1b1a96b2-5a27-4267-80a2-732eb749210a", "embedding": null, "metadata": {"page_label": "77", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e011a64c-de58-4bf5-8afa-0d01b19ba3d9", "node_type": null, "metadata": {"page_label": "77", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "25909339348078bfbf0a5da8f838bcc261990e4da11b8b05da96a863bf99e236"}, "2": {"node_id": "0bfe0be6-5671-4c06-adc6-ac22a7f39ca5", "node_type": null, "metadata": {"page_label": "77", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "7bf8e7c41d085e0395d15fac9070dcbf1eadc6796a55a6d9c07dc385ab1e447f"}}, "hash": "0d157efa9dea805d5d28705637100eed036e8270b5a741f39428bbed4f455331", "text": "do not fluctuate based on market price changes. However, these investments could be impaired if the carrying value exceeds the fair value and is not expected to recover.\nFor further information about our equity investments, see Note 1 and Note 3 of the Notes to Consolidated Financial Statements \nincluded in Item 8 of this Annual Report on Form 10-K.", "start_char_idx": 4060, "end_char_idx": 4411, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "adbd0139-1b66-44bc-86fb-341078540f37": {"__data__": {"id_": "adbd0139-1b66-44bc-86fb-341078540f37", "embedding": null, "metadata": {"page_label": "78", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "6a24e0ec-3999-40f3-a210-96c9021512b0", "node_type": null, "metadata": {"page_label": "78", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "4dc6f70ffe256bd6a2c8222dcb8c82d6bec6f220566464b9e2ddf08c70b2c084"}}, "hash": "4dc6f70ffe256bd6a2c8222dcb8c82d6bec6f220566464b9e2ddf08c70b2c084", "text": "40 ALPHABET INC. \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\n \u2014ITEM\u00a08.  FINANCIAL STATEMENTS AND SUPPLEMENTARY \nDATA\nAlphabet Inc.  \nIndex to Consolidated Financial Statements\nPage\nREPORTS OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (PCAOB ID: 42)  41\nFINANCIAL STATEMENTS:\nCONSOLIDATED BALANCE SHEETS  44\nCONSOLIDATED STATEMENTS OF INCOME  45\nCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME  46\nCONSOLIDATED STATEMENTS OF STOCKHOLDERS\u2019 EQUITY  47\nCONSOLIDATED STATEMENTS OF CASH FLOWS  48\nNOTES TO CONSOLIDATED FINANCIAL STATEMENTS  49", "start_char_idx": 0, "end_char_idx": 574, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4b5dc28c-007b-4b9c-a535-839b07a71fa2": {"__data__": {"id_": "4b5dc28c-007b-4b9c-a535-839b07a71fa2", "embedding": null, "metadata": {"page_label": "79", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "981a4537-a55d-44d3-8cd0-980e2c92c06e", "node_type": null, "metadata": {"page_label": "79", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "2c6191ef240b4bc7594ac04336987477026240d17d423b3bda153de2f1ceb14e"}}, "hash": "18f2a18f273afa7e30e02c8c25fd67b24ef2262861d4864f6ae0b26bd1be1105", "text": "41 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nREPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM\nTo the Stockholders and the Board of Directors of Alphabet Inc.\nOpinion on the Financial Statements\nWe have audited the accompanying consolidated balance sheets of Alphabet Inc. (the Company) as of December\u00a031, 2021 and \n2022, the related consolidated statements of income, comprehensive income, stockholders\u2019 equity and cash flows for each of the \nthree years in the period ended December\u00a031, 2022, and the related notes and financial statement schedule listed in the Index at \nItem 15 (collectively referred to as the \u201cconsolidated financial statements\u201d). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December\u00a031, 2021 and 2022, and the results of its operations and its cash flows for each of the three years in the period ended December\u00a031, 2022, in conformity with U.S. generally accepted accounting principles.\nWe also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) \n(PCAOB), the Company\u2019s internal control over financial reporting as of December\u00a031, 2022, based on criteria established in Internal Control\u2014Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework), and our report dated February\u00a02, 2023 expressed an unqualified opinion thereon.\nBasis for Opinion\nThese financial statements are the responsibility of the Company\u2019s management. Our responsibility is to express an opinion on the Company\u2019s financial statements based on our audits. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the U.S. Securities and Exchange Commission and the PCAOB.\nWe conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the \naudit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.\nCritical Audit Matter\nThe critical audit matter communicated below is a matter arising from the current period audit of the financial statements that was communicated or required to be communicated to the audit committee and that: (1) relates to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective or complex judgments. The communication of the critical audit matter does not alter in any way our opinion on the consolidated financial statements, taken as a whole, and we are not, by communicating the critical audit matter below, providing a separate opinion on the critical audit matter or on the account or disclosure to which it relates.", "start_char_idx": 0, "end_char_idx": 3568, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "75248ead-bef3-4272-b3db-6f9181322fc7": {"__data__": {"id_": "75248ead-bef3-4272-b3db-6f9181322fc7", "embedding": null, "metadata": {"page_label": "80", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "bbe5ed53-ce53-4623-b49e-31cef9d8272f", "node_type": null, "metadata": {"page_label": "80", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "538a2320928451bb5a7f6cd9d41979a9766f9ed5e27a16ba509903875aaa4fe7"}}, "hash": "538a2320928451bb5a7f6cd9d41979a9766f9ed5e27a16ba509903875aaa4fe7", "text": "42 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nLOSS CONTINGENCIES\nDescription  \nof the MatterThe Company is regularly subject to claims, lawsuits, regulatory and government investigations, other \nproceedings, and consent orders involving competition, intellectual property, data privacy and security, tax \nand related compliance, labor and employment, commercial disputes, content generated by its users, goods \nand services offered by advertisers or publishers using their platforms, personal injury, consumer protection, \nand other matters. As described in Note 10 to the consolidated financial statements \u201cCommitments and contingencies\u201d such claims, lawsuits, regulatory and government investigations, other proceedings, and consent orders could result in adverse consequences.\nSignificant judgment is required to determine both the likelihood, and the estimated amount, of a loss related \nto such matters. Auditing management\u2019s accounting for and disclosure of loss contingencies from these \nmatters involved challenging and subjective auditor judgment in assessing the Company\u2019s evaluation of the \nprobability of a loss, and the estimated amount or range of loss.\nHow We Addressed \nthe Matter in  \nOur AuditWe tested relevant controls over the identified risks associated with management\u2019s accounting for and disclosure of these matters. This included controls over management\u2019s assessment of the probability of incurrence of a loss and whether the loss or range of loss was reasonably estimable and the development of related disclosures.\nOur audit procedures included gaining an understanding of previous rulings issued by regulators and the \nstatus of ongoing lawsuits, reviewing letters addressing the matters from internal and external legal counsel, meeting with internal legal counsel to discuss the allegations, and obtaining a representation letter from management on these matters. We also evaluated the Company\u2019s disclosures in relation to these matters.\n/S/ Ernst & Young LLP\nWe have served as the Company\u2019s auditor since 1999.\nSan Jose, California\nFebruary 2, 2023", "start_char_idx": 0, "end_char_idx": 2130, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d61dcbb4-1c5f-49f3-925d-16d564240efe": {"__data__": {"id_": "d61dcbb4-1c5f-49f3-925d-16d564240efe", "embedding": null, "metadata": {"page_label": "81", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "819ade15-5d64-4e44-8c5e-e4a086539b98", "node_type": null, "metadata": {"page_label": "81", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "05ab3c01ed870a2a73ab334c6dfcbf71c9c2b1073a8a565273986f130191bc53"}}, "hash": "05ab3c01ed870a2a73ab334c6dfcbf71c9c2b1073a8a565273986f130191bc53", "text": "43 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nREPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM\nTo the Stockholders and the Board of Directors of Alphabet Inc.\nOpinion on Internal Control Over Financial Reporting\nWe have audited Alphabet Inc.\u2019s internal control over financial reporting as of December 31, 2022, based on criteria established in \nInternal Control\u2014Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework) (the COSO criteria). In our opinion, Alphabet Inc. (the Company) maintained, in all material respects, effective internal control over financial reporting as of December 31, 2022, based on the COSO criteria.\nWe also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), \nthe 2022 consolidated financial statements of the Company and our report dated February 2, 2023 expressed an unqualified opinion thereon. \nBasis for Opinion\nThe Company\u2019s management is responsible for maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting included in the accompanying Management\u2019s Report on Internal Control over Financial Reporting. Our responsibility is to express an opinion on the Company\u2019s internal control over financial reporting based on our audit. We are a public accounting firm registered with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the U.S. Securities and Exchange Commission and the PCAOB.\nWe conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit \nto obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. \nOur audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness \nexists, testing and evaluating the design and operating effectiveness of internal control based on the assessed risk, and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.\nDefinition and Limitations of Internal Control Over Financial Reporting\nA company\u2019s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability \nof financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted \naccounting principles. A company\u2019s internal control over financial reporting includes those policies and procedures that (1) pertain \nto the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets \nof the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial \nstatements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being \nmade only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance \nregarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company\u2019s assets that could have a \nmaterial effect on the financial statements.\nBecause of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections \nof any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes \nin conditions, or that the degree of compliance with the policies or procedures may deteriorate.\n/s/ Ernst\u00a0& Young LLP\nSan Jose, California\nFebruary 2, 2023", "start_char_idx": 0, "end_char_idx": 4002, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "94eb1e95-b897-47a2-a3a6-184a281fdfe4": {"__data__": {"id_": "94eb1e95-b897-47a2-a3a6-184a281fdfe4", "embedding": null, "metadata": {"page_label": "82", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "02eac51a-31d4-443d-accb-f1d1fd7e0370", "node_type": null, "metadata": {"page_label": "82", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "c1ad01310de105720d7290309ea5c5812b11e06c6413cc427c7ed367c09d80f6"}}, "hash": "c1ad01310de105720d7290309ea5c5812b11e06c6413cc427c7ed367c09d80f6", "text": "44 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nAlphabet Inc.\nCONSOLIDATED BALANCE SHEETS\nAs of December 31,\n(in millions, except par value per share amounts) 2021 2022\nAssets\nCurrent assets:\nCash and cash equivalents $ 20,945 $ 21,879 \nMarketable securities  118,704  91,883 \nTotal cash, cash equivalents, and marketable securities 139,649 113,762\nAccounts receivable, net 39,304 40,258\nInventory 1,170 2,670\nOther current assets 8,020 8,105\nTotal current assets 188,143 164,795\nNon-marketable securities 29,549 30,492\nDeferred income taxes 1,284 5,261\nProperty and equipment, net 97,599 112,668\nOperating lease assets 12,959 14,381\nIntangible assets, net 1,417 2,084\nGoodwill 22,956 28,960\nOther non-current assets 5,361 6,623\nTotal assets $ 359,268 $ 365,264\nLiabilities and Stockholders\u2019 Equity\nCurrent liabilities:\nAccounts payable $ 6,037 $ 5,128\nAccrued compensation and benefits 13,889 14,028\nAccrued expenses and other current liabilities 32,044 37,866\nAccrued revenue share 8,996 8,370\nDeferred revenue 3,288 3,908\nTotal current liabilities 64,254 69,300\nLong-term debt 14,817 14,701\nDeferred revenue, non-current 535 599\nIncome taxes payable, non-current 9,176 9,258\nDeferred income taxes 5,257 514\nOperating lease liabilities 11,389 12,501\nOther long-term liabilities 2,205 2,247\nTotal liabilities 107,633 109,120\nCommitments and contingencies (Note 10)Stockholders\u2019 equity:\nPreferred stock, $0.001 par value per share, 100 shares authorized; no shares issued and outstanding 0 0\nClass A, Class B, and Class C stock and additional paid-in capital, $0.001 par value per share:\u00a0300,000 \nshares authorized (Class A 180,000, Class B 60,000, Class C 60,000); 13,242 (Class A 6,015, Class B 893, Class C 6,334) and 12,849 (Class A 5,964, Class B 883, Class C 6,002) shares issued and \noutstanding61,774 68,184\nAccumulated other comprehensive income (loss) (1,623 ) (7,603 )\nRetained earnings 191,484 195,563\nTotal stockholders\u2019 equity 251,635 256,144\nTotal liabilities and stockholders\u2019 equity $ 359,268 $ 365,264\nSee accompanying notes.", "start_char_idx": 0, "end_char_idx": 2090, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d3f501fa-7885-4478-acd5-d90679622757": {"__data__": {"id_": "d3f501fa-7885-4478-acd5-d90679622757", "embedding": null, "metadata": {"page_label": "83", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "005bdf71-939e-4f33-bd55-32af4dedd364", "node_type": null, "metadata": {"page_label": "83", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "9ca740bd35ba8d04d4848775c38f99736753f7c7fd10395f7a8513dea37738f4"}}, "hash": "9ca740bd35ba8d04d4848775c38f99736753f7c7fd10395f7a8513dea37738f4", "text": "45 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nAlphabet Inc.\nCONSOLIDATED STATEMENTS OF INCOME\n(In millions, except per share amounts)Year Ended December 31,\n2020 2021 2022\nRevenues $ 182,527 $ 257,637 $ 282,836\nCosts and expenses:\nCost of revenues 84,732 110,939 126,203\nResearch and development 27,573 31,562 39,500\nSales and marketing 17,946 22,912 26,567\nGeneral and administrative 11,052 13,510 15,724\nTotal costs and expenses 141,303 178,923 207,994\nIncome from operations 41,224 78,714 74,842\nOther income (expense), net 6,858 12,020 (3,514 )\nIncome before income taxes 48,082 90,734 71,328\nProvision for income taxes 7,813 14,701 11,356\nNet income $ 40,269 $ 76,033 $ 59,972\nBasic net income per share of Class A, Class B, and Class C stock $ 2.96 $ 5.69 $ 4.59\nDiluted net income per share of Class A, Class B, and Class C stock $ 2.93 $ 5.61 $ 4.56\nSee accompanying notes.", "start_char_idx": 0, "end_char_idx": 930, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d7bbea99-db10-440b-ae37-9dbde0f4506c": {"__data__": {"id_": "d7bbea99-db10-440b-ae37-9dbde0f4506c", "embedding": null, "metadata": {"page_label": "84", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "63e5bf4e-b93e-44d1-9847-fba946c3d4da", "node_type": null, "metadata": {"page_label": "84", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "da4148336956f9b958983fc27342e758662c0daeadba4cdf07c78a297206273f"}}, "hash": "da4148336956f9b958983fc27342e758662c0daeadba4cdf07c78a297206273f", "text": "46 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nAlphabet Inc.\nCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME\n(In millions)Year Ended December\u00a031,\n2020 2021 2022\nNet income $ 40,269 $ 76,033 $ 59,972\nOther comprehensive income (loss):\nChange in foreign currency translation adjustment 1,139 (1,442 ) (1,836 )\nAvailable-for-sale investments:\nChange in net unrealized gains (losses) 1,313 (1,312 ) (4,720 )\nLess: reclassification adjustment for net (gains) losses included in net income (513) (64) 1,007\nNet change, net of income tax benefit (expense) of $(230), $394, and $1,056 800 (1,376 ) (3,713 )\nCash flow hedges:\nChange in net unrealized gains (losses) 42 716 1,275\nLess: reclassification adjustment for net (gains) losses included in net income (116) (154) (1,706 )\nNet change, net of income tax benefit (expense) of $11, $(122), and $110 (74) 562 (431)\nOther comprehensive income (loss) 1,865 (2,256 ) (5,980 )\nComprehensive income $ 42,134 $ 73,777 $ 53,992\nSee accompanying notes.", "start_char_idx": 0, "end_char_idx": 1036, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ad6f556b-25b4-475c-9de5-cd8efdf186eb": {"__data__": {"id_": "ad6f556b-25b4-475c-9de5-cd8efdf186eb", "embedding": null, "metadata": {"page_label": "85", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "51b813c0-14d7-46c8-8e80-c92cfa81152d", "node_type": null, "metadata": {"page_label": "85", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "bad1257d9cd2a4e925291a5ee2816e0be7a8319684ca418d772102debd84843f"}}, "hash": "bad1257d9cd2a4e925291a5ee2816e0be7a8319684ca418d772102debd84843f", "text": "47 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nAlphabet Inc.\nCONSOLIDATED STATEMENTS OF STOCKHOLDERS\u2019 EQUITY\n(In millions)Class\u00a0A\u00a0and\u00a0Class\u00a0B\nCommon Stock, Class C \nCapital Stock, and\nAdditional\u00a0Paid-In\u00a0CapitalAccumulated\nOther\nComprehensive\nIncome (Loss)Retained\nEarningsTotal\nStockholders\u2019\nEquity Shares Amount\nBalance as of December 31, 2019 13,767 $ 50,552 $ (1,232 )$ 152,122 $ 201,442\nStock issued 167 168 0 0 168\nStock-based compensation expense 0 13,123 0 0 13,123\nTax withholding related to vesting of restricted \nstock units and other 0 (5,969 ) 0 0 (5,969 )\nRepurchases of stock (430) (2,159 ) 0 (28,990 ) (31,149 )\nSale of interest in consolidated entities 0 2,795 0 0 2,795\nNet income 0 0 0 40,269 40,269\nOther comprehensive income (loss) 0 0 1,865 0 1,865\nBalance as of December 31, 2020 13,504 58,510 633 163,401 222,544\nStock issued 145 12 0 0 12\nStock-based compensation expense 0 15,539 0 0 15,539\nTax withholding related to vesting of restricted \nstock units and other 0 (10,273 ) 0 0 (10,273 )\nRepurchases of stock (407) (2,324 ) 0 (47,950 ) (50,274 )\nSale of interest in consolidated entities 0 310 0 0 310\nNet income 0 0 0 76,033 76,033\nOther comprehensive income (loss) 0 0 (2,256 ) 0 (2,256 )\nBalance as of December 31, 2021 13,242 61,774 (1,623 ) 191,484 251,635\nStock issued 137 8 0 0 8\nStock-based compensation expense 0 19,525 0 0 19,525\nTax withholding related to vesting of restricted stock units and other 0 (9,754 ) 0 (1) (9,755 )\nRepurchases of stock (530) (3,404 ) 0 (55,892 ) (59,296 )\nSale of interest in consolidated entities 0 35 0 0 35\nNet income 0 0 0 59,972 59,972\nOther comprehensive income (loss) 0 0 (5,980 ) 0 (5,980 )\nBalance as of December 31, 2022 12,849 $ 68,184 $ (7,603 )$ 195,563 $ 256,144\nSee accompanying notes.", "start_char_idx": 0, "end_char_idx": 1813, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d07ba649-ade1-420e-a7f5-56c6878b7c46": {"__data__": {"id_": "d07ba649-ade1-420e-a7f5-56c6878b7c46", "embedding": null, "metadata": {"page_label": "86", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "03ce5caa-7256-4c78-9993-ea35c777f5e7", "node_type": null, "metadata": {"page_label": "86", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "bd6bed02274cfb66308ff415b8ad4fcc8d97ee1b42a251aa48b66a6e379426d0"}}, "hash": "bd6bed02274cfb66308ff415b8ad4fcc8d97ee1b42a251aa48b66a6e379426d0", "text": "48 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nAlphabet Inc.\nCONSOLIDATED STATEMENTS OF CASH FLOWS\n(In millions)Year Ended December\u00a031,\n2020 2021 2022\nOperating activities\nNet income $ 40,269 $ 76,033 $ 59,972\nAdjustments:\nDepreciation and impairment of property and equipment 12,905 11,555 15,287\nAmortization and impairment of intangible assets 792 886 641\nStock-based compensation expense 12,991 15,376 19,362\nDeferred income taxes 1,390 1,808 (8,081 )\n(Gain) loss on debt and equity securities, net (6,317 ) (12,270) 5,519\nOther 1,267 (213) 1,030\nChanges in assets and liabilities, net of effects of acquisitions:\nAccounts receivable, net (6,524 ) (9,095 ) (2,317 )\nIncome taxes, net 1,209 (625) 584\nOther assets (1,330 ) (1,846 ) (5,046 )\nAccounts payable 694 283 707\nAccrued expenses and other liabilities 5,504 7,304 3,915\nAccrued revenue share 1,639 1,682 (445)\nDeferred revenue 635 774 367\nNet cash provided by operating activities 65,124 91,652 91,495\nInvesting activitiesPurchases of property and equipment (22,281) (24,640) (31,485)\nPurchases of marketable securities (136,576) (135,196) (78,874)\nMaturities and sales of marketable securities 132,906 128,294 97,822\nPurchases of non-marketable securities (7,175 ) (2,838 ) (2,531 )\nMaturities and sales of non-marketable securities 1,023 934 150\nAcquisitions, net of cash acquired, and purchases of intangible assets (738) (2,618 ) (6,969 )\nOther investing activities 68 541 1,589\nNet cash used in investing activities (32,773) (35,523) (20,298)\nFinancing activities\nNet payments related to stock-based award activities (5,720\n) (10,162) (9,300 )\nRepurchases of stock (31,149) (50,274) (59,296)\nProceeds from issuance of debt, net of costs 11,761 20,199 52,872\nRepayments of debt (2,100 ) (21,435) (54,068)\nProceeds from sale of interest in consolidated entities, net 2,800 310 35\nNet cash used in financing activities (24,408) (61,362) (69,757)\nEffect of exchange rate changes on cash and cash equivalents 24 (287) (506)\nNet increase (decrease) in cash and cash equivalents 7,967 (5,520 ) 934\nCash and cash equivalents at beginning of period 18,498 26,465 20,945\nCash and cash equivalents at end of period$ 26,465 $ 20,945 $ 21,879\nSupplemental disclosures of cash flow information\nCash paid for income taxes, net of refunds $ 4,990 $ 13,412 $ 18,892\nSee accompanying notes.", "start_char_idx": 0, "end_char_idx": 2385, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1b3ef88d-6750-409e-b9b5-e7255e031f37": {"__data__": {"id_": "1b3ef88d-6750-409e-b9b5-e7255e031f37", "embedding": null, "metadata": {"page_label": "87", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "02b47f68-907e-4f5c-9e35-21cc4770ac74", "node_type": null, "metadata": {"page_label": "87", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "b750a41f9638d7abc9edd6d411d8fa6f93704694af3223353f16e9aeffa0db00"}}, "hash": "b750a41f9638d7abc9edd6d411d8fa6f93704694af3223353f16e9aeffa0db00", "text": "49 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\n \u2014Alphabet Inc.\nNOTES TO CONSOLIDATED FINANCIAL\u00a0STATEMENTS\nNote 1.  Summar y of Significant Accounting Policies \nNature of Operations\nGoogle was incorporated in California in September 1998 and re-incorporated in the State of Delaware in August 2003. In 2015, \nwe implemented a holding company reorganization, and as a result, Alphabet Inc. (\u201cAlphabet\u201d) became the successor issuer to Google.\nWe generate revenues by delivering relevant, cost-effective online advertising; cloud-based solutions that provide enterprise customers \nwith infrastructure and platform services as well as communication and collaboration tools; sales of other products and services, such as apps and in-app purchases, and hardware; and fees received for subscription-based products.\nBasis of Consolidation\nThe consolidated financial statements of Alphabet include the accounts of Alphabet and entities consolidated under the variable interest and voting models. Intercompany balances and transactions have been eliminated.\nUse of Estimates\nPreparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. Actual results could differ materially from these estimates due to uncertainties. On an ongoing basis, we evaluate our estimates, including those related to the allowance for credit losses; fair values of financial instruments, intangible assets, and goodwill; inventory; useful lives of intangible assets and property and equipment; income taxes; and contingent liabilities, among others. We base our estimates on assumptions, both historical and forward looking, that are believed to be reasonable, and the results of which form the basis for making judgments about the carrying values of assets and liabilities.\nIn January 2023, we completed an assessment of the useful lives of our servers and network equipment and adjusted the estimated \nuseful life of our servers from four years to six years and the estimated useful life of certain network equipment from five years to six years. This change in accounting estimate is effective beginning in fiscal year 2023. \nStock Split Effected in the Form of a Stock Dividend (\u201cStock Split\u201d)\nOn February 1, 2022, the company announced that the Board of Directors had approved and declared a 20-for-one stock split in the \nform of a one-time special stock dividend on each share of the company\u2019s Class A, Class B, and Class C stock. The Stock Split had \na record date of July 1, 2022 and an effective date of July 15, 2022. The par value per share of our Class A, Class B, and Class C stock remains unchanged at $0.001 per share after the Stock Split. All prior period references made to share or per share amounts in the accompanying consolidated financial statements and applicable disclosures prior to the effective date have been retroactively \nadjusted to reflect the effects of the Stock Split.\nRevenue Recognition\nRevenues are recognized when control of the promised goods or services is transferred to our customers, and the collectibility  of an \namount that we expect in exchange for those goods or services is probable. Sales and other similar taxes are excluded from revenues. \nADVERTISING REVENUES\nWe generate advertising revenues primarily by delivering advertising on:\n\tzGoogle Search and other properties, including revenues from traffic generated by search distribution partners who use Google.\ncom as their default search in browsers, toolbars, etc. and other Google owned and operated properties like Gmail, Google Maps, \nand Google Play;\n\tzYouTube properties; and\n\tzGoogle Network properties, including revenues from Google Network properties participating in AdMob, AdSense, and Google \nAd Manager.", "start_char_idx": 0, "end_char_idx": 3898, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ca9f4f15-695b-41be-b3f1-0dba2783f8d1": {"__data__": {"id_": "ca9f4f15-695b-41be-b3f1-0dba2783f8d1", "embedding": null, "metadata": {"page_label": "88", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ec5593b7-c3b8-412d-8a7f-2cfb62a2faf3", "node_type": null, "metadata": {"page_label": "88", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "df8e4fad2571dc89772f62d36ce633fc5a3a0441de9836c3504aaa051800d0d1"}}, "hash": "df8e4fad2571dc89772f62d36ce633fc5a3a0441de9836c3504aaa051800d0d1", "text": "50 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nOur customers generally purchase advertising inventory through Google Ads, Google Ad Manager, and Google Marketing Platform, \namong others.\nWe offer advertising by delivering both performance and brand advertising. We recognize revenues for performance advertising \nwhen a user engages with the advertisement, such as a click, a view, or a purchase. For brand advertising, we recognize revenues \nwhen the ad is displayed, or a user views the ad.\nFor ads placed on Google Network properties, we evaluate whether we are the principal (i.e., report revenues on a gross basis) or \nagent (i.e., report revenues on a net basis). Generally, we report advertising revenues for ads placed on Google Network properties on a gross basis, that is, the amounts billed to our customers are recorded as revenues, and amounts paid to Google Network partners are recorded as cost of revenues. Where we are the principal, we control the advertising inventory before it is transferred to our customers. Our control is evidenced by our sole ability to monetize the advertising inventory before it is transferred to our customers and is further supported by us being primarily responsible to our customers and having a level of discretion in establishing pricing.\nGOOGLE CLOUD REVENUES\nGoogle Cloud revenues consist of revenues from:\n\tzGoogle Cloud Platform, which includes fees for infrastructure, platform, and other services;\n\tzGoogle Workspace, which includes fees for cloud-based communication and collaboration tools for enterprises, such as Gmail, \nDocs, Drive, Calendar, and Meet; and \n\tzother enterprise services.\nOur cloud services are generally provided on either a consumption or subscription basis and may have contract terms longer than a year. Revenues related to cloud services provided on a consumption basis are recognized when the customer utilizes the services, based on the quantity of services consumed. Revenues related to cloud services provided on a subscription basis are recognized ratably over the contract term as the customer receives and consumes the benefits of the cloud services.\nGOOGLE OTHER REVENUES \nGoogle other revenues consist of revenues from:\n\tzGoogle Play, which includes sales of apps and in-app purchases;\n\tzhardware, which includes sales of Fitbit wearable devices, Google Nest home products, and Pixel devices;\n\tzYouTube non-advertising, which includes subscription revenues from services such as YouTube Premium and YouTube TV; and\n\tzother products and services.\nWe report revenues from Google Play app sales and in-app purchases on a net basis, because our performance obligation is to \nfacilitate a transaction between app developers and end users, for which we earn a service fee. \nARRANGEMENTS WITH MULTIPLE PERFORMANCE OBLIGATIONS\nOur contracts with customers may include multiple performance obligations. For such arrangements, we allocate revenues to each \nperformance obligation based on its relative standalone selling price. We generally determine standalone selling prices based on the prices charged to customers.\nCUSTOMER INCENTIVES AND CREDITS\nCertain customers receive cash-based incentives or credits, which are accounted for as variable consideration. We estimate these \namounts based on the expected amount to be provided to customers and reduce revenues. We believe that there will not be significant changes to our estimates of variable consideration.\nSALES COMMISSIONS\nWe expense sales commissions when incurred when the amortization period (the period of the expected benefit) is one year or \nless. We recognize an asset for certain sales commissions if we expect the period of benefit of these costs to exceed one year and recognize the expense over the amortization period. These costs are recorded within sales and marketing expenses.", "start_char_idx": 0, "end_char_idx": 3881, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "75127d7d-72cf-4da6-9aad-291631c7026f": {"__data__": {"id_": "75127d7d-72cf-4da6-9aad-291631c7026f", "embedding": null, "metadata": {"page_label": "89", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "28a82910-12b2-4bcc-b709-21f3d7231338", "node_type": null, "metadata": {"page_label": "89", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "646ebcd20d1064263234ab82913aabaae5c78549cd52523aecf322bb3b7d74ba"}}, "hash": "646ebcd20d1064263234ab82913aabaae5c78549cd52523aecf322bb3b7d74ba", "text": "51 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nCost of Revenues\nCost of revenues consists of TAC and other costs of revenues.\n\tzTAC includes: \n\tzAmounts paid to our distribution partners who make available our search access points and services. Our distribution partners \ninclude browser providers, mobile carriers, original equipment manufacturers, and software developers.\n\tzAmounts paid to Google Network partners primarily for ads displayed on their properties.\n\tzOther cost of revenues includes:\n\tzContent acquisition costs, which are payments to content providers from whom we license video and other content for distribution on YouTube and Google Play (we pay fees to these content providers based on revenues generated or a flat fee).\n\tzExpenses associated with our data centers (including bandwidth, compensation expenses, depreciation, energy, and other \nequipment costs) as well as other operations costs (such as content review as well as customer and product support costs).\n\tzInventory and other costs related to the hardware we sell.\nSoftware Development Costs\nWe expense software development costs, including costs to develop software products or the software component of products to \nbe sold, leased, or marketed to external users, before technological feasibility is reached. Technological feasibility is typically reached \nshortly before the release of such products. As a result, development costs that meet the criteria for capitalization were not material \nfor the periods presented.\nSoftware development costs also include costs to develop software to be used solely to meet internal needs and cloud-based \napplications used to deliver our services. We capitalize development costs related to these software applications once the preliminary \nproject stage is complete and it is probable that the project will be completed and the software will be used to perform the function \nintended. Costs capitalized for developing such software applications were not material for the periods presented.\nStock-based Compensation\nStock-based compensation primarily consists of Alphabet restricted stock units (RSUs). RSUs are equity classified and measured at \nthe fair market value of the underlying stock at the grant date. We recognize RSU expense using the straight-line attribution method over the requisite service period and account for forfeitures as they occur.\nFor RSUs, shares are issued on the vesting dates net of the applicable statutory income tax withholding to be paid by us on behalf \nof our employees. As a result, fewer shares are issued than the number of RSUs outstanding, and the income tax withholding is recorded as a reduction to additional paid-in capital.\nAdditionally, stock-based compensation includes other stock-based awards, such as performance stock units (PSUs) that include \nmarket conditions and awards that may be settled in cash or the stock of certain Other Bets. PSUs and certain Other Bet awards are equity classified and expense is recognized over the requisite service period. Certain Other Bet awards are liability classified and remeasured at fair value through settlement. The fair value of Other Bet awards is based on the equity valuation of the respective Other Bet.\nAdvertising and Promotional Expenses\nWe expense advertising and promotional costs in the period in which they are incurred. For the years ended December\u00a031, 2020,\u00a02021, and 2022, advertising and promotional expenses totaled approximately $5.4 billion, $7.9 billion, and $9.2 billion, respectively.\nPerformance Fees\nPerformance fees refer to compensation arrangements with payouts based on realized returns from certain investments. We record \ncompensation expense based on the estimated payouts on an ongoing basis, which may result in expense recognized before \ninvestment returns are realized and compensation is paid and may require the use of unobservable inputs. Performance fees are recorded as a component of other income (expense), net.", "start_char_idx": 0, "end_char_idx": 4021, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "94cebcb5-2195-4a8f-9160-b568e5da4d12": {"__data__": {"id_": "94cebcb5-2195-4a8f-9160-b568e5da4d12", "embedding": null, "metadata": {"page_label": "90", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3c601d33-fffc-4403-9aa8-9f1b110acaeb", "node_type": null, "metadata": {"page_label": "90", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "d2f4d8b2c4f480abc5b72b8a79f8845ec6dd49f6778003e1204eb0dc8da7aff0"}, "3": {"node_id": "8dadd8e7-003c-439b-a908-6a8eaf241d5e", "node_type": null, "metadata": {"page_label": "90", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "95f22e0176b841781f432b010786ca029fcbd6b0820e2ca591ac8a882536d861"}}, "hash": "22d72dcc56fc893a36dce890b9cf28a67d1e935520586e43b316a715cb33d216", "text": "52 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nFair Value Measurements \nFair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly \ntransaction between market participants. As such, fair value is a market-based measurement that is determined based on assumptions \nthat market participants would use in pricing an asset or a liability. Assets and liabilities recorded at fair value are measured and \nclassified in accordance with a three-tier fair value hierarchy based on the observability of the inputs available in the market used \nto measure fair value:\nLevel 1 - Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.\nLevel 2 - Inputs that are based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar \ninstruments in markets that are not active, and model-based valuation techniques for which all significant inputs are observable in the market or can be derived from observable market data. Where applicable, these models project future cash flows and discount the future amounts to a present value using market-based observable inputs including interest rate curves, foreign exchange rates, and credit ratings.\nLevel 3 - Unobservable inputs that are supported by little or no market activities.\nThe fair value hierarchy requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs \nwhen measuring fair value. The determination of fair value involves the use of appropriate valuation methods and relevant inputs into valuation models.\nOur financial assets and liabilities that are measured at fair value on a recurring basis include cash equivalents, marketable securities, \nderivative financial instruments, and certain non-marketable debt securities. Our financial assets measured at fair value on a nonrecurring basis include non-marketable equity securities. Other financial assets and liabilities are carried at cost with fair value disclosed, if required.\nWe measure certain other instruments, including stock-based compensation awards settled in the stock of certain Other Bets, and \ncertain assets and liabilities acquired in a business combination, also at fair value on a nonrecurring basis. \nFinancial Instruments\nOur financial instruments include cash, cash equivalents, marketable and non-marketable securities, derivative financial instruments and accounts receivable.\nCREDIT RISKS\nWe are subject to credit risk from cash equivalents, marketable securities, derivative financial instruments, including foreign \nexchange contracts, and accounts receivable. We manage our credit risk exposure through timely assessment of our counterparty creditworthiness, credit limits and use of collateral management. Foreign exchange contracts are transacted with various financial institutions with high credit standing. Accounts receivable are typically unsecured and are derived from revenues earned from customers located around the world. We manage our credit risk exposure by performing ongoing evaluations to determine customer credit and we limit the amount of credit we extend. We generally do not require collateral from our customers.\nCASH EQUIVALENTS\nWe invest excess cash primarily in government bonds, corporate debt securities, mortgage-backed and asset-backed securities, \ntime deposits, and money market funds.\nMARKETABLE SECURITIES\nWe classify all marketable debt securities that have effective maturities of three months or less from the date of purchase as cash \nequivalents and those with effective maturities of greater than three months as marketable securities on our Consolidated Balance \nSheets. We determine the appropriate classification of our investments in marketable debt securities at the time of purchase and \nreevaluate such designation at each balance sheet date. We have classified and accounted for our marketable debt securities as \navailable-for-sale. After consideration of our risk versus reward objectives, as well as our liquidity requirements, we may sell these debt securities prior to their effective maturities. As we view these securities as available to support current", "start_char_idx": 0, "end_char_idx": 4303, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "8dadd8e7-003c-439b-a908-6a8eaf241d5e": {"__data__": {"id_": "8dadd8e7-003c-439b-a908-6a8eaf241d5e", "embedding": null, "metadata": {"page_label": "90", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3c601d33-fffc-4403-9aa8-9f1b110acaeb", "node_type": null, "metadata": {"page_label": "90", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "d2f4d8b2c4f480abc5b72b8a79f8845ec6dd49f6778003e1204eb0dc8da7aff0"}, "2": {"node_id": "94cebcb5-2195-4a8f-9160-b568e5da4d12", "node_type": null, "metadata": {"page_label": "90", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "22d72dcc56fc893a36dce890b9cf28a67d1e935520586e43b316a715cb33d216"}}, "hash": "95f22e0176b841781f432b010786ca029fcbd6b0820e2ca591ac8a882536d861", "text": "prior to their effective maturities. As we view these securities as available to support current operations, we classify highly liquid securities with maturities beyond 12 months as current assets under the caption marketable securities on the Consolidated \nBalance Sheets. We carry these securities at fair value, and report the unrealized gains and losses, net of taxes, as a component of \nstockholders\u2019 equity, except for the changes in allowance for expected credit losses, which are recorded in other income (expense), \nnet. For certain marketable debt securities we have elected the fair value option, for which changes in fair value are recorded in other income (expense), net. We determine any realized gains or losses on the sale of marketable debt securities on a specific identification method, and we record such gains and losses as a component of other income (expense), net.", "start_char_idx": 4207, "end_char_idx": 5095, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3a93d56a-3659-4404-8197-7d7b68d452ca": {"__data__": {"id_": "3a93d56a-3659-4404-8197-7d7b68d452ca", "embedding": null, "metadata": {"page_label": "91", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8417c1a5-8da6-435f-9599-c8bccb94a1a0", "node_type": null, "metadata": {"page_label": "91", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "8e3bbc11f0f9108ff128342ca3f4acce1c6c73f29962594a75da60f1717a7ab7"}, "3": {"node_id": "a8335a83-db33-44cc-a635-986a7c390384", "node_type": null, "metadata": {"page_label": "91", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "15d3247b39bfcd1cd4b68e315699270d80ddbeb55e89a60f886b308daea922c0"}}, "hash": "89cb022f703bca6177b6499babc6caffd405b6e06d434ea6e86e5321e7aa76c1", "text": "53 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nOur investments in marketable equity securities are measured at fair value with the related gains and losses, including unrealized, \nrecognized in other income (expense), net. We classify our marketable equity securities subject to long-term lock-up restrictions \nbeyond twelve months as other non-current assets on the Consolidated Balance Sheets.\nNON-MARKETABLE SECURITIES\nWe account for non-marketable equity securities through which we exercise significant influence but do not have control over the \ninvestee under the equity method, All other non-marketable equity securities that we hold are primarily accounted for under the measurement alternative. Under the measurement alternative, the carrying value is measured at cost, less any impairment, plus or minus changes resulting from observable price changes in orderly transactions for identical or similar investments of the same issuer. Adjustments are determined primarily based on a market approach as of the transaction date and are recorded as a component of other income (expense), net.\nNon-marketable debt securities are classified as available-for-sale securities.Non-marketable securities that do not have effective contractual maturity dates are classified as other non-current assets on the \nConsolidated Balance Sheets.\nDERIVATIVE FINANCIAL INSTRUMENTS\nSee Note 3 for the accounting policy pertaining to derivative financial instruments. \nACCOUNTS RECEIVABLE\nOur payment terms for accounts receivable vary by the types and locations of our customers and the products or services offered. \nThe term between invoicing and when payment is due is not significant. For certain products or services and customers, we require payment before the products or services are delivered to the customer. Additionally, accounts receivable includes amounts for services performed in advance of the right to invoice the customer.\nWe maintain an allowance for credit losses for accounts receivable, which is recorded as an offset to accounts receivable, and changes \nin such are classified as general and administrative expense in the Consolidated Statements of Income. We assess collectibility by reviewing accounts receivable on a collective basis where similar characteristics exist and on an individual basis when we identify specific customers with known disputes or collectibility issues. In determining the amount of the allowance for credit losses, we consider historical collectibility based on past due status and make judgments about the creditworthiness of customers based on ongoing credit evaluations. We also consider customer-specific information, current market conditions, and reasonable and supportable forecasts of future economic conditions.\nOTHER\nOur financial instruments also include debt and equity investments in companies with which we also have commercial arrangements. \nFor these transactions, judgment is required to assess the substance of the arrangements, whether the arrangements and each \ncomponent of the arrangements should be accounted for as separate transactions under the applicable GAAP , as well as the \ndetermination of the value of the components of the arrangements, including the fair value of the investments. \nIMPAIRMENT OF INVESTMENTS\nWe periodically review our debt and non-marketable equity securities for impairment. \nFor debt securities in an unrealized loss position, we determine whether a credit loss exists. The credit loss is estimated by considering \navailable information relevant to the collectibility of the security and information about past events, current conditions, and reasonable and supportable forecasts. Any credit loss is recorded as a charge to other income (expense), net, not to exceed the amount of the unrealized loss. Unrealized losses other than the credit loss are recognized in AOCI. If we have an intent to sell, or if it is more likely than not that we will be required to sell a debt security in an unrealized loss position before recovery of its amortized cost basis, we will write down the security to its fair value and record the corresponding charge as a component of other income (expense), net. \nFor non-marketable equity securities, including equity method investments, we consider whether impairment indicators exist", "start_char_idx": 0, "end_char_idx": 4359, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a8335a83-db33-44cc-a635-986a7c390384": {"__data__": {"id_": "a8335a83-db33-44cc-a635-986a7c390384", "embedding": null, "metadata": {"page_label": "91", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8417c1a5-8da6-435f-9599-c8bccb94a1a0", "node_type": null, "metadata": {"page_label": "91", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "8e3bbc11f0f9108ff128342ca3f4acce1c6c73f29962594a75da60f1717a7ab7"}, "2": {"node_id": "3a93d56a-3659-4404-8197-7d7b68d452ca", "node_type": null, "metadata": {"page_label": "91", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "89cb022f703bca6177b6499babc6caffd405b6e06d434ea6e86e5321e7aa76c1"}}, "hash": "15d3247b39bfcd1cd4b68e315699270d80ddbeb55e89a60f886b308daea922c0", "text": "securities, including equity method investments, we consider whether impairment indicators exist by \nevaluating the companies\u2019 financial and liquidity position and access to capital resources, among other indicators. If the assessment \nindicates that the investment is impaired, we write down the investment to its fair value by recording the corresponding charge as a \ncomponent of other income (expense), net. We prepare quantitative measurements of the fair value of our equity investments using a market approach or an income approach.", "start_char_idx": 4263, "end_char_idx": 4802, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "51e9d250-8ea5-4d7b-bd5e-a425b80299e0": {"__data__": {"id_": "51e9d250-8ea5-4d7b-bd5e-a425b80299e0", "embedding": null, "metadata": {"page_label": "92", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c4554840-6815-44e3-8766-adb80460fa2b", "node_type": null, "metadata": {"page_label": "92", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "983a7b6d7dd6baac39ba815c058f1cfb9ce673c6ff2dd1c09cb1bef9a0ce8581"}, "3": {"node_id": "ab78a87d-3188-45e0-a525-c3f0edcfecba", "node_type": null, "metadata": {"page_label": "92", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "8490b4cfbb9b538c732bb9199ac1cc0e7708f5543499d00821ed2b2957dff79c"}}, "hash": "75f1f1cba9e45bbc1c15126b7a74f5b9d10d72a854abc352f96de2dff269647a", "text": "54 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nInventory\nInventory consists primarily of finished goods and is stated at the lower of cost and net realizable value. Cost is computed using \nthe first-in, first-out method.\nVariable Interest Entities\nWe determine at the inception of each arrangement whether an entity in which we have made an investment or in which we have other variable interests is considered a variable interest entity (VIE). We consolidate VIEs when we are the primary beneficiary. We are the primary beneficiary of a VIE when we have the power to direct activities that most significantly affect the economic performance of the VIE and have the obligation to absorb the majority of their losses or benefits. If we are not the primary beneficiary in a VIE, we account for the investment or other variable interests in a VIE in accordance with applicable GAAP .\nPeriodically, we assess whether any changes in our interest or relationship with the entity affect our determination of whether the \nentity is a VIE and, if so, whether we are the primary beneficiary. \nProperty and Equipment\nProperty and equipment includes the following categories: land and buildings, information technology assets, construction in progress, leasehold improvements, and furniture and fixtures. Land and buildings include land, offices, data centers, and related building improvements. Information technology assets include servers and network equipment. Construction in progress is the construction or development of property and equipment that have not yet been placed in service. \nWe account for property and equipment at cost less accumulated depreciation. We compute depreciation using the straight-line \nmethod over the estimated useful lives of the assets, which we regularly evaluate. Land is not depreciated. We depreciate buildings over periods of seven to 25 years. We depreciate information technology assets generally over periods of four to five years (generally, four years for servers and five years for network equipment). We depreciate leasehold improvements over the shorter of the remaining lease term or the estimated useful lives of the assets. Depreciation for buildings, information technology assets, leasehold improvements, and furniture and fixtures commences once they are ready for our intended use.\nLeases\nWe determine if an arrangement is a lease at inception. Our lease agreements generally contain lease and non-lease components. Payments under our lease arrangements are primarily fixed. Non-lease components primarily include payments for maintenance and utilities. We combine fixed payments for non-lease components with lease payments and account for them together as a single lease component which increases the amount of our lease assets and liabilities.\nCertain lease agreements contain variable payments, which are expensed as incurred and not included in the lease assets and \nliabilities. These amounts include payments affected by the Consumer Price Index, payments contingent on wind or solar production \nfor power purchase arrangements, and payments for maintenance and utilities.\nLease assets and liabilities are recognized at the present value of the future lease payments at the lease commencement date. The \ninterest rate used to determine the present value of the future lease payments is our incremental borrowing rate, because the interest \nrate implicit in our leases is not readily determinable. Our incremental borrowing rate is estimated to approximate the interest rate on \na collateralized basis with similar terms and payments, and in economic environments where the leased asset is located. Our lease \nterms include periods under options to extend or terminate the lease when it is reasonably certain that we will exercise that option. \nWe generally use the base, non-cancelable, lease term when determining the lease assets and liabilities. Lease assets also include \nany prepaid lease payments and lease incentives.\nOperating lease assets and liabilities are included on our Consolidated Balance Sheets. The current portion of our operating lease \nliabilities is included in accrued expenses and other current liabilities, and the long-term portion is included in operating lease liabilities. \nFinance lease assets are included in property and equipment, net. Finance lease liabilities are included in", "start_char_idx": 0, "end_char_idx": 4410, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ab78a87d-3188-45e0-a525-c3f0edcfecba": {"__data__": {"id_": "ab78a87d-3188-45e0-a525-c3f0edcfecba", "embedding": null, "metadata": {"page_label": "92", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c4554840-6815-44e3-8766-adb80460fa2b", "node_type": null, "metadata": {"page_label": "92", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "983a7b6d7dd6baac39ba815c058f1cfb9ce673c6ff2dd1c09cb1bef9a0ce8581"}, "2": {"node_id": "51e9d250-8ea5-4d7b-bd5e-a425b80299e0", "node_type": null, "metadata": {"page_label": "92", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "75f1f1cba9e45bbc1c15126b7a74f5b9d10d72a854abc352f96de2dff269647a"}}, "hash": "8490b4cfbb9b538c732bb9199ac1cc0e7708f5543499d00821ed2b2957dff79c", "text": "are included in property and equipment, net. Finance lease liabilities are included in accrued expenses and \nother current liabilities or long-term debt.\nOperating lease expense (excluding variable lease costs) is recognized on a straight-line basis over the lease term.", "start_char_idx": 4324, "end_char_idx": 4594, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a37d2ec4-03bd-45e2-92c0-153cf94ceb0b": {"__data__": {"id_": "a37d2ec4-03bd-45e2-92c0-153cf94ceb0b", "embedding": null, "metadata": {"page_label": "93", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "90d98772-4870-4417-9c7c-4bf50533d6e9", "node_type": null, "metadata": {"page_label": "93", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "15acab6fa9ca11c7690bbc3c009565150b949e2006f3e61b59a16653ee56cb16"}}, "hash": "15acab6fa9ca11c7690bbc3c009565150b949e2006f3e61b59a16653ee56cb16", "text": "55 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nLong-Lived Assets, Goodwill and Other Acquired Intangible Assets\nWe review property and equipment and intangible assets, excluding goodwill, for impairment when events or changes in circumstances \nindicate the carrying amount may not be recoverable. The evaluation is performed at the lowest level of identifiable cash flows \nindependent of other assets. We measure recoverability of these assets by comparing the carrying amounts to the future undiscounted \ncash flows that the assets or the asset group are expected to generate. If the carrying value of the assets or asset group is not \nrecoverable, the impairment recognized is measured as the amount by which the carrying value exceeds its fair value. Impairments were not material for the periods presented.\nWe allocate goodwill to reporting units based on the expected benefit from the business combination. We evaluate our reporting \nunits periodically, as well as when changes in our operating segments occur. For changes in reporting units, we reassign goodwill using a relative fair value allocation approach. We test our goodwill for impairment at least annually, or more frequently if events or changes in circumstances indicate that the asset may be impaired. Goodwill impairments were not material for the periods presented.\nIntangible assets with definite lives are amortized over their estimated useful lives on a straight-line basis generally over periods \nranging from one to twelve years, and are subsequently removed from the presentation of gross intangible assets and accumulated amortization once they are fully amortized.\nIncome Taxes\nWe account for income taxes using the asset and liability method, under which we recognize the amount of taxes payable or refundable for the current year and deferred tax assets and liabilities for the future tax consequences of events that have been recognized in our financial statements or tax returns. We measure current and deferred tax assets and liabilities based on provisions of enacted tax law. We evaluate the realization of our deferred tax assets based on all available evidence and establish a valuation allowance to reduce deferred tax assets when it is more likely than not that they will not be realized. We have elected to account for the tax effects of the global intangible low tax Income provision as a current period expense.\nWe recognize the financial statement effects of a tax position when it is more likely than not that, based on technical merits, the position \nwill be sustained upon examination. The tax benefits of the position recognized in the financial statements are then measured based on the largest amount of benefit that is greater than 50% likely to be realized upon settlement with a taxing authority. In addition, we recognize interest and penalties related to unrecognized tax benefits as a component of the income tax provision.\nBusiness Combinations\nWe include the results of operations of the businesses that we acquire as of the acquisition date. We allocate the purchase price of the acquisitions to the assets acquired and liabilities assumed based on their estimated fair values, except for revenue contracts acquired, which are recognized in accordance with our revenue recognition policy. The excess of the purchase price over the fair values of identifiable assets and liabilities is recorded as goodwill. Acquisition-related expenses are recognized separately from the business combination and are expensed as incurred.\nForeign Currency\nWe translate the financial statements of our international subsidiaries to U.S. dollars using month-end exchange rates for assets \nand liabilities, and average rates for the annual period derived from month-end exchange rates for revenues, costs, and expenses. \nWe record translation gains and losses in AOCI as a component of stockholders\u2019 equity. We reflect net foreign exchange transaction \ngains and losses resulting from the conversion of the transaction currency to functional currency as a component of foreign currency \nexchange gain (loss) in other income (expense), net.\nPrior Period Reclassifications\nCertain amounts in prior periods have been reclassified to conform with current period presentation.", "start_char_idx": 0, "end_char_idx": 4308, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "64dc8d76-a01a-4d19-b9f6-b79aafce2f5a": {"__data__": {"id_": "64dc8d76-a01a-4d19-b9f6-b79aafce2f5a", "embedding": null, "metadata": {"page_label": "94", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "a75887ab-f65f-4772-8ca3-e0858b075797", "node_type": null, "metadata": {"page_label": "94", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "28f5f5435d37fc08b69df9223bf152dcb47b48c5ce507433fe26c4b99ff64cff"}}, "hash": "28f5f5435d37fc08b69df9223bf152dcb47b48c5ce507433fe26c4b99ff64cff", "text": "56 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nNote 2.  Revenues\nDisaggregated Revenues\nThe following table presents revenues disaggregated by type (in millions):\nYear Ended December 31,\n2020 2021 2022\nGoogle Search & other $ 104,062 $ 148,951 $ 162,450\nYouTube ads 19,772 28,845 29,243\nGoogle Network 23,090 31,701 32,780\nGoogle advertising 146,924 209,497 224,473\nGoogle other 21,711 28,032 29,055\nGoogle Services total 168,635 237,529 253,528\nGoogle Cloud 13,059 19,206 26,280\nOther Bets 657 753 1,068\nHedging gains (losses) 176 149 1,960\nTotal revenues $ 182,527 $ 257,637 $ 282,836\nNo individual customer or groups of affiliated customers represented more than 10% of our revenues in 2020, 2021, or 2022.\nThe following table presents revenues disaggregated by geography, based on the addresses of our customers (in millions):\nYear Ended December 31,\n2020 2021 2022\nUnited States $ 85,014 47 % $117,854 46 % $134,814 48%\nEMEA(1)55,370 30 79,107 31 82,062 29\nAPAC(1)32,550 18 46,123 18 47,024 16\nOther Americas(1)9,417 5 14,404 5 16,976 6\nHedging gains (losses) 176 0 149 0 1,960 1\nTotal revenues $182,527 100% $257,637 100 % $282,836 100%\n(1) Regions r epresent Europe, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and Canada and Latin America (\u201cOther Americas\u201d).\nRevenue Backlog \nAs of December\u00a031, 2022, we had $64.3 billion of remaining performance obligations (\u201crevenue backlog\u201d), primarily related to Google \nCloud. Our revenue backlog represents commitments in customer contracts for future services that have not yet been recognized as revenue. The amount and timing of revenue recognition for these commitments is largely driven by our ability to deliver in accordance with relevant contract terms and when our customers utilize services, which could affect our estimate of revenue backlog and when we expect to recognize such as revenue. We expect to recognize approximately half of the revenue backlog as revenues over the next 24 months with the remaining to be recognized thereafter. Revenue backlog includes related deferred revenue currently recorded \nas well as amounts that will be invoiced in future periods, and excludes contracts with an original expected term of one year or less \nand cancellable contracts.\nDeferred Revenue\nWe record deferred revenues when cash payments are received or due in advance of our performance, including amounts which are \nrefundable. Deferred revenues primarily relate to Google Cloud and Google other. Total deferred revenue as of December\u00a031, 2021 \nwas $3.8 billion, of which $2.5 billion was recognized as revenues for the year ending December\u00a031, 2022.", "start_char_idx": 0, "end_char_idx": 2670, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a2129b9f-405b-4341-924b-26be3a281439": {"__data__": {"id_": "a2129b9f-405b-4341-924b-26be3a281439", "embedding": null, "metadata": {"page_label": "95", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "65131bb6-5379-443c-ab7f-d7a3ca3255d1", "node_type": null, "metadata": {"page_label": "95", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "fa11ac718d4ce3eb682df177b0f61bf6b4b80adad1de003d90e5c93cc09ec6a9"}}, "hash": "fa11ac718d4ce3eb682df177b0f61bf6b4b80adad1de003d90e5c93cc09ec6a9", "text": "57 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nNote 3.  Financial Instruments\nFair Value Measurements\nINVESTMENTS MEASURED AT FAIR VALUE ON A RECURRING BASIS\nCash, cash equivalents, and marketable equity securities are measured at fair value and classified within Level 1 and Level 2 in the \nfair value hierarchy, because we use quoted prices for identical assets in active markets or inputs that are based upon quoted prices for similar instruments in active markets. \nDebt securities are classified within Level 2 in the fair value hierarchy, because we use quoted market prices to the extent available \nor alternative pricing sources and models utilizing market observable inputs to determine fair value. For certain marketable debt securities, we have elected the fair value option for which changes in fair value are recorded in other income (expense), net. The fair \nvalue option was elected for these securities to align with the unrealized gains and losses from related derivative contracts.\nThe following tables summarize our cash, cash equivalents, and marketable securities measured at fair value on a recurring basis \n(in millions):\nAs of December 31, 2021\nFair Value\nHierarchyAdjusted\nCostGross\nUnrealized\nGainsGross  \nUnrealized  \nLossesFair \nValueCash and\nCash\nEquivalentsMarketable  \nSecurities\nFair value changes recorded in other comprehensive income\nTime deposits\n(1)Level 2 $ 5,133 $ 0$ 0$ 5,133 $ 5,133 $ 0\nGovernment bonds Level 2 53,288 258 (238) 53,308 5 53,303\nCorporate debt securities Level 2 35,605 194 (223) 35,576 12 35,564\nMortgage-backed and asset-backed \nsecurities Level 2 18,829 96 (112) 18,813 0 18,813\nTotal investments with fair value change reflected in Other Comprehensive Income\n(2)$112,855 $ 548 $ (573) $112,830 $ 5,150 $107,680\nFair value adjustments recorded in net income\nMoney market funds Level 1 $ 7,499 $ 7,499 $ 0\nCurrent marketable equity securities\n(3)Level 1 5,998 0 5,998\nMutual funds Level 2 351 0 351\nGovernment bonds Level 2 1,165 0 1,165\nCorporate debt securities Level 2 2,503 0 2,503\nMortgage-backed and asset-backed \nsecurities Level 2 1,007 0 1,007\nTotal investments with fair value change recorded in Net Income $18,523 $ 7,499 $11,024\nCash 0 8,296 0\nTotal\n$112,855 $ 548 $ (573) $131,353 $20,945 $118,704\n(1) The majority of our time deposits are domestic deposits. \n(2) Repr esents gross unrealized gains and losses for debt securities recorded to AOCI.\n(3) The long-term portion of marketable equity securities (subject to long-term lock-up restrictions) of $1.4 billion as of December 31, 2021 is included within \nother non-current assets.", "start_char_idx": 0, "end_char_idx": 2655, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7129c119-b6a6-4829-b2f8-8ee6be6fefbb": {"__data__": {"id_": "7129c119-b6a6-4829-b2f8-8ee6be6fefbb", "embedding": null, "metadata": {"page_label": "96", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "740bc662-8870-4426-b240-5c50d68c913b", "node_type": null, "metadata": {"page_label": "96", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "bebabb617ab9d1a6458a4fa93b9d51acf114f31e5a9b744c05df97396bc0f473"}}, "hash": "bebabb617ab9d1a6458a4fa93b9d51acf114f31e5a9b744c05df97396bc0f473", "text": "58 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nAs of December 31, 2022\nFair Value\nHierarchyAdjusted\nCostGross\nUnrealized\nGainsGross  \nUnrealized  \nLossesFair \nValueCash and\nCash\nEquivalentsMarketable  \nSecurities\nFair value changes recorded in other \ncomprehensive income\nTime deposits(1)Level 2 $ 5,297 $ 0$ 0$ 5,297 $ 5,293 $ 4\nGovernment bonds Level 2 41,036 64 (2,045 ) 39,055 283 38,772\nCorporate debt securities Level 2 28,578 8 (1,569 ) 27,017 1 27,016\nMortgage-backed and asset-backed \nsecurities Level 2 16,176 5 (1,242 ) 14,939 0 14,939\nTotal investments with fair value change reflected in Other Comprehensive Income\n(2)$91,087 $ 77 $ (4,856 )$86,308 $ 5,577 $80,731\nFair value adjustments recorded in net income\nMoney market funds Level 1 $ 7,234 $ 7,234 $ 0\nCurrent marketable equity securities\n(3)Level 1 4,013 0 4,013\nMutual funds Level 2 339 0 339\nGovernment bonds Level 2 1,877 440 1,437\nCorporate debt securities Level 2 3,744 65 3,679\nMortgage-backed and asset-backed \nsecurities Level 2 1,686 2 1,684\nTotal investments with fair value change recorded in Net Income $18,893 $ 7,741 $11,152\nCash 0 8,561 0\nTotal\n$91,087 $ 77 $ (4,856 )$105,201 $21,879 $91,883\n(1) The majority of our time deposits are domestic deposits.\n(2) Repr esents gross unrealized gains and losses for debt securities recorded to AOCI. \n(3) The long-term por tion of marketable equity securities (subject to long-term lock-up restrictions) of $803 million as of December 31, 2022 is included \nwithin other non-current assets.\nINVESTMENTS MEASURED AT FAIR VALUE ON A NONRECURRING BASIS \nOur non-marketable equity securities are investments in privately held companies without readily determinable market values. The \ncarrying value of our non-marketable equity securities is adjusted to fair value upon observable transactions for identical or similar \ninvestments of the same issuer or impairment. Non-marketable equity securities that have been remeasured during the period \nbased on observable transactions are classified within Level 2 or Level 3 in the fair value hierarchy because we estimate the value \nbased on valuation methods which may include a combination of the observable transaction price at the transaction date and other \nunobservable inputs including volatility, rights, and obligations of the securities we hold. The fair value of non-marketable equity \nsecurities that have been remeasured due to impairment are classified within Level 3.\nDuring the year ended December\u00a031, 2022, included in the $28.5 billion of non-marketable equity securities held as of the end of the \nperiod, $14.1 billion were measured at fair value and primarily classified as Level 2 investments.", "start_char_idx": 0, "end_char_idx": 2730, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "17f54d2c-c402-48ca-af1e-353238a5e83f": {"__data__": {"id_": "17f54d2c-c402-48ca-af1e-353238a5e83f", "embedding": null, "metadata": {"page_label": "97", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0a6d186e-789d-4d3d-b8cd-a06fb0632505", "node_type": null, "metadata": {"page_label": "97", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "907359477e074a2e37fffbbb148763801ecc917418f0c941eb8410b964e65327"}}, "hash": "9f223d1071704e7a711b01ab58731044084862326992007194f3131039e6da20", "text": "59 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nDebt Securities\nThe following table summarizes the estimated fair value of investments in available-for-sale marketable debt securities by effective \ncontractual maturity dates (in millions):\nAs of \nDecember 31, 2022\nDue in 1 year or less $ 8,170\nDue in 1 year through 5 years 51,698\nDue in 5 years through 10 years 16,083\nDue after 10 years 11,580\nTotal $ 87,531\nThe following tables present fair values and gross unrealized losses recorded to AOCI, aggregated by investment category and the length of time that individual securities have been in a continuous loss position (in millions):\nAs of December 31, 2021\nLess than 12 Months 12 Months or Greater Total\nFair ValueUnrealized\nLoss Fair ValueUnrealized\nLoss Fair ValueUnrealized\nLoss\nGovernment bonds $32,843 $ (236) $ 71 $ (2) $ 32,914 $ (238)\nCorporate debt securities 22,737 (152) 303 (5) 23,040 (157)\nMortgage-backed and asset-backed securities 11,502 (106) 248 (6 ) 11,750 (112)\nTotal $67,082 $ (494) $ 622 $ (13) $ 67,704 $ (507)\nAs of December 31, 2022\nLess than 12 Months 12 Months or Greater Total\nFair ValueUnrealized\nLoss Fair ValueUnrealized\nLoss Fair ValueUnrealized\nLoss\nGovernment bonds $21,039 $ (1,004 )$13,438 $ (1,041 ) $ 34,477 $ (2,045 )\nCorporate debt securities 11,228 (440) 15,125 (1,052 ) 26,353 (1,492 )\nMortgage-backed and asset-backed securities 7,725 (585) 6,964 (657) 14,689 (1,242 )\nTotal $39,992 $ (2,029 )$35,527 $ (2,750 ) $ 75,519 $ (4,779 )\nWe determine realized gains or losses on the sale or extinguishment of debt securities on a specific identification method.The \nfollowing table summarizes gains and losses for debt securities, reflected as a component of other income (expense), net (in millions):\nYear Ended December 31,\n2020 2021 2022\nUnrealized gain (loss) on fair value option debt securities(1)$ 86 $ (122) $ (557)\nGross realized gain on debt securities 899 432 103\nGross realized loss on debt securities (184) (329) (1,588 )\n(Increase)/decrease in allowance for credit losses (76) (91) (22)\nTotal gain (loss) on debt securities recognized in other income \n(expense), net $ 725 $ (110) $ (2,064 )\n(1) Accumulated unr ealized net gains (losses) related to debt securities still held where we have elected the fair value option were $87 million, $(35) million, \nand $(592) million as of December 31, 2020, 2021, and 2022, respectively.", "start_char_idx": 0, "end_char_idx": 2431, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "2be7723e-e957-4f77-a057-5c89fd22ea4c": {"__data__": {"id_": "2be7723e-e957-4f77-a057-5c89fd22ea4c", "embedding": null, "metadata": {"page_label": "98", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3034d23a-4bcd-4cd0-8b93-032bb39a2109", "node_type": null, "metadata": {"page_label": "98", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "3761b75b277e09a4e18eefb18a3a7bcf7ff15dade54eb8bfdf4cad68a208ba46"}, "3": {"node_id": "662f746d-db40-48d7-ac83-9f5a1715fc6b", "node_type": null, "metadata": {"page_label": "98", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "8358d960dbb3a939b29384b9be979551dbb2df0cc5bc465a1582cfd9b4ffa865"}}, "hash": "e939a7d4e4b1822a30b9fb2e01cd11fccf86d5e0655f833a8d2dad6c8752246f", "text": "60 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nEquity Investments\nThe carrying value of equity securities is measured as the total initial cost plus the cumulative net gain (loss). Our share of gains \nand losses, including impairments, are included as a component of other income (expense), net, in the Consolidated Statements of \nIncome. See Note 7 for further details on other income (expense), net.\nThe carrying values for marketable and non-marketable equity securities are summarized below (in millions):\nAs of December 31, 2021 As of December 31, 2022\nMarketable \nEquity SecuritiesNon-Marketable \nEquity Securities TotalMarketable Equity \nSecuritiesNon-Marketable \nEquity Securities Total\nTotal initial cost $ 4,211 $ 15,135 $ 19,346 $ 5,764 $ 16,157 $ 21,921\nCumulative net gain (loss)(1)3,587 12,436 16,023 (608) 12,372 11,764\nCarrying value $ 7,798 $ 27,571 $ 35,369 $ 5,156 $ 28,529 $ 33,685\n(1) Non-mark etable equity securities cumulative net gain (loss) is comprised of $14.1 billion gains and $1.7 billion losses (including impairments) as of \nDecember 31, 2021 and $16.8 billion gains and $4.5 billion losses (including impairments) as of December 31, 2022.\nGAINS AND LOSSES ON MARKETABLE AND NON-MARKETABLE EQUITY SECURITIES\nGains and losses (including impairments), net, for marketable and non-marketable equity securities included in other income (expense), \nnet are summarized below (in millions):\nYear Ended December 31,\n2020 2021 2022\nRealized net gain (loss) on equity securities sold during the period $ 1,339 $ 1,196 $ (442)\nUnrealized net gain (loss) on marketable equity securities 2,722 1,335 (3,242 )\nUnrealized net gain (loss) on non-marketable equity securities(1)1,531 9,849 229\nTotal gain (loss) on equity securities in other income (expense), net $ 5,592 $ 12,380 $ (3,455 )\n(1) Unr ealized gain (loss) on non-marketable equity securities accounted for under the measurement alternative is comprised of $3.0 billion, $10.0 billion, \nand $3.3 billion of upward adjustments as of December 31, 2020, 2021, and 2022, respectively, and $1.5 billion, $122 million, and $3.0 billion of downward adjustments (including impairments) as of December 31, 2020, 2021, and 2022, respectively.\nIn the table above, realized net gain (loss) on equity securities sold during the period reflects the difference between the sale proceeds and the carrying value of the equity securities at the beginning of the period or the purchase date, if later. \nCumulative net gains (losses) on equity securities sold during the period, which is summarized in the following table (in millions), \nrepresents the total net gains (losses) recognized after the initial purchase date of the equity security sold during the period. While these net gains (losses) may have been reflected in periods prior to the period of sale, we believe they are important supplemental information as they reflect the economic net gains (losses) on the securities sold during the period. Cumulative net gains (losses) are calculated as the difference between the sale price and the initial purchase price for the equity security sold during the period.\nEquity Securities Sold During the Year \nEnded December 31,\n2021 2022\nTotal sale price $ 5,604 $ 1,784\nTotal initial cost 1,206 937\nCumulative net gains (losses)(1)$ 4,398 $ 847\n(1) Cumulativ e net gains excludes cumulative losses", "start_char_idx": 0, "end_char_idx": 3409, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "662f746d-db40-48d7-ac83-9f5a1715fc6b": {"__data__": {"id_": "662f746d-db40-48d7-ac83-9f5a1715fc6b", "embedding": null, "metadata": {"page_label": "98", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3034d23a-4bcd-4cd0-8b93-032bb39a2109", "node_type": null, "metadata": {"page_label": "98", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "3761b75b277e09a4e18eefb18a3a7bcf7ff15dade54eb8bfdf4cad68a208ba46"}, "2": {"node_id": "2be7723e-e957-4f77-a057-5c89fd22ea4c", "node_type": null, "metadata": {"page_label": "98", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "e939a7d4e4b1822a30b9fb2e01cd11fccf86d5e0655f833a8d2dad6c8752246f"}}, "hash": "8358d960dbb3a939b29384b9be979551dbb2df0cc5bc465a1582cfd9b4ffa865", "text": "Cumulativ e net gains excludes cumulative losses of $738 million resulting from our equity derivatives, which hedged the changes in fair value of certain \nmarketable equity securities sold during the year ended December 31, 2021. The associated derivative liabilities arising from these losses were settled against our holdings of the underlying equity securities.", "start_char_idx": 3361, "end_char_idx": 3725, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f6e76057-77dd-45e8-a451-c0e4da1b0e7d": {"__data__": {"id_": "f6e76057-77dd-45e8-a451-c0e4da1b0e7d", "embedding": null, "metadata": {"page_label": "99", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d1d5aac7-eba0-4262-8aa6-c973d02dc925", "node_type": null, "metadata": {"page_label": "99", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "a954988d7516f55f55a92af3a26e329f4b92d74129624a9bd4a643989074dad3"}, "3": {"node_id": "1bb67309-82f5-4cc8-9962-0acd7a0b44fa", "node_type": null, "metadata": {"page_label": "99", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "9fe421d36390147d1c3ef9ca6d4f1ab50359e08a06e7b463b9ee785b928144bd"}}, "hash": "29e60dd065a49b0c4bf89120995da1c02383c7b35c406fbece77159c48b6a881", "text": "61 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nEQUITY SECURITIES ACCOUNTED FOR UNDER THE EQUITY METHOD\nAs of December\u00a031, 2021 and 2022, equity securities accounted for under the equity method had a carrying value of approximately \n$1.5 billion for both years. Our share of gains and losses, including impairments, are included as a component of other income \n(expense), net, in the Consolidated Statements of Income. See\u00a0Note 7\u00a0for fur ther details on other income (expense), net. \nDerivative Financial Instruments\nWe use derivative instruments to manage risks relating to our ongoing business operations. The primary risk managed is foreign \nexchange risk. We use foreign currency contracts to reduce the risk that our cash flows, earnings, and investment in foreign subsidiaries will be adversely affected by foreign currency exchange rate fluctuations. We also enter into derivative instruments to partially offset our exposure to other risks and enhance investment returns.\nWe recognize derivative instruments in the Consolidated Balance Sheets at fair value and classify the derivatives primarily within \nLevel 2 in the fair value hierarchy. We present our collar contracts (an option strategy comprised of a combination of purchased and \nwritten options) at net fair values and present all other derivatives at gross fair values. The accounting treatment for derivatives is \nbased on the intended use and hedge designation.\nCASH FLOW HEDGES\nWe designate foreign currency forward and option contracts (including collars) as cash flow hedges to hedge certain forecasted \nrevenue transactions denominated in currencies other than the U.S. dollar. These contracts have maturities of 24 months or less.\nCash flow hedge amounts included in the assessment of hedge effectiveness are deferred in AOCI and subsequently reclassified to \nrevenue when the hedged item is recognized in earnings. We exclude forward points and time value from our assessment of hedge effectiveness and amortize them on a straight-line basis over the life of the hedging instrument in revenues. The difference between fair value changes of the excluded component and the amount amortized to revenues is recorded in AOCI.\nAs of December\u00a031, 2022, the net accumulated gain on our foreign currency cash flow hedges before tax effect was $171 million, \nwhich is expected to be reclassified from AOCI into revenues within the next 12 months.\nFAIR VALUE HEDGES\nWe designate foreign currency forward contracts as fair value hedges to hedge foreign currency risks for our marketable securities \ndenominated in currencies other than the U.S. dollar. Fair value hedge amounts included in the assessment of hedge effectiveness \nare recognized in other income (expense), net, along with the offsetting gains and losses of the related hedged items. We exclude forward points from the assessment of hedge effectiveness and recognize changes in the excluded component in other income (expense), net.\nNET INVESTMENT HEDGES\nWe designate foreign currency forward contracts as net investment hedges to hedge the foreign currency risks related to our \ninvestment in foreign subsidiaries. Net investment hedge amounts included in the assessment of hedge effectiveness are recognized in AOCI along with the foreign currency translation adjustment. We exclude forward points from the assessment of hedge effectiveness and recognize changes in the excluded component in other income (expense), net.\nOTHER DERIVATIVES\nWe enter into foreign currency forward and option contracts that are not designated as hedging instruments to hedge intercompany \ntransactions and other monetary assets or liabilities denominated in currencies other than the functional currency of a subsidiary. Gains and losses on these derivatives that are not designated as accounting hedges are primarily recorded in other income (expense), net along with the foreign currency gains and losses on monetary assets and liabilities.\nWe also use derivatives not designated as hedging instruments to manage risks relating to interest rates, commodity prices, credit \nexposures,", "start_char_idx": 0, "end_char_idx": 4142, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1bb67309-82f5-4cc8-9962-0acd7a0b44fa": {"__data__": {"id_": "1bb67309-82f5-4cc8-9962-0acd7a0b44fa", "embedding": null, "metadata": {"page_label": "99", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d1d5aac7-eba0-4262-8aa6-c973d02dc925", "node_type": null, "metadata": {"page_label": "99", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "a954988d7516f55f55a92af3a26e329f4b92d74129624a9bd4a643989074dad3"}, "2": {"node_id": "f6e76057-77dd-45e8-a451-c0e4da1b0e7d", "node_type": null, "metadata": {"page_label": "99", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "29e60dd065a49b0c4bf89120995da1c02383c7b35c406fbece77159c48b6a881"}}, "hash": "9fe421d36390147d1c3ef9ca6d4f1ab50359e08a06e7b463b9ee785b928144bd", "text": "risks relating to interest rates, commodity prices, credit \nexposures, and to enhance investment returns. From time to time, we enter into derivatives to hedge the market price risk on certain of our marketable equity securities. Gains and losses arising from other derivatives are primarily reflected within the \u201cother\u201d component of other income (expense), net. See Note 7 for further details.", "start_char_idx": 4072, "end_char_idx": 4466, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "cffa8176-8b06-4c96-9159-00a8deeffbf1": {"__data__": {"id_": "cffa8176-8b06-4c96-9159-00a8deeffbf1", "embedding": null, "metadata": {"page_label": "100", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4ce3f313-f32c-48f0-9969-cf6bd9fcfcb4", "node_type": null, "metadata": {"page_label": "100", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "1289e44ab5cda4426b722793d05d90da478499db807b026be6b47305d4a71d52"}}, "hash": "1289e44ab5cda4426b722793d05d90da478499db807b026be6b47305d4a71d52", "text": "62 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nThe gross notional amounts of outstanding derivative instruments were as follows (in millions):\nAs of December 31,\n2021 2022\nDerivatives designated as hedging instruments:\nForeign exchange contracts\nCash flow hedges  $ 16,362 $ 15,972\nFair value hedges $ 2,556 $ 2,117\nNet investment hedges $ 10,159 $ 8,751\nDerivatives not designated as hedging instruments:\nForeign exchange contracts $ 41,031 $ 34,979\nOther contracts $ 4,275 $ 7,932\nThe fair values of outstanding derivative instruments were as follows (in millions):\nAs of December 31, 2021 As of December 31, 2022\nAssets(1)Liabilities(2)Assets(1)Liabilities(2)\nDerivatives designated as hedging instruments:\nForeign exchange contracts $ 867 $ 8 $ 271 $ 556\nDerivatives not designated as hedging instruments:\nForeign exchange contracts 42 452 365 207\nOther contracts 52 121 40 47\nTotal derivatives not designated as hedging instruments 94 573 405 254\nTotal $ 961 $ 581 $ 676 $ 810\n(1) Deriv ative assets are recorded as other current and non-current assets in the Consolidated Balance Sheets. \n(2) Deriv ative liabilities are recorded as accrued expenses and other liabilities, current and non-current in the Consolidated Balance Sheets.\nThe gains (losses) on derivatives in cash flow hedging and net investment hedging relationships recognized in other comprehensive \nincome (OCI) are summarized below (in millions):\nGains (Losses) Recognized in OCI\non Derivatives Before Tax Effect\nYear Ended December 31,\n2020 2021 2022\nDerivatives in Cash Flow Hedging Relationship:\nForeign exchange contracts\nAmount included in the assessment of effectiveness $ 102 $ 806 $ 1,699\nAmount excluded from the assessment of effectiveness (37) 48 (188)\nDerivatives in Net Investment Hedging Relationship:\nForeign exchange contracts\nAmount included in the assessment of effectiveness (851) 754 608\nTotal $ (786) $ 1,608 $ 2,119", "start_char_idx": 0, "end_char_idx": 1957, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1a5cd1cb-fa91-4d2c-9362-66bb345f9295": {"__data__": {"id_": "1a5cd1cb-fa91-4d2c-9362-66bb345f9295", "embedding": null, "metadata": {"page_label": "101", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9634ada7-a4e0-4166-9a1b-866884cd6a91", "node_type": null, "metadata": {"page_label": "101", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "b9bdb562678e54923d09160bb051a8680683bcffaa23e70929a184933145c97d"}}, "hash": "b9bdb562678e54923d09160bb051a8680683bcffaa23e70929a184933145c97d", "text": "63 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nThe table below presents the gains (losses) of our derivatives on the Consolidated Statements of Income: (in millions):\nGains (Losses) Recognized in Income\nYear Ended December 31,\n2020 2021 2022\nRevenuesOther \nincome \n(expense), \nnet RevenuesOther \nincome \n(expense), \nnet RevenuesOther \nincome \n(expense), \nnet\nTotal amounts in the Consolidated Statements of \nIncome $182,527 $6,858 $257,637 $12,020 $282,836 $(3,514 )\nEffect of cash flow hedges:\nForeign exchange contracts\nAmount reclassified from AOCI to income $ 144 $ 0 $ 165 $ 0 $ 2,046 $ 0\nAmount excluded from the assessment of effectiveness (amortized) 33 0 (16) 0 (85) 0\nEffect of fair value hedges:\nForeign exchange contracts\nHedged items 0 18 0 (95) 0 (162)\nDerivatives designated as hedging instruments 0 (18) 0 95 0 163\nAmount excluded from the assessment of effectiveness 0 4 0 8 0 16\nEffect of net investment hedges:\nForeign exchange contracts\nAmount excluded from the assessment of \neffectiveness 0 151 0 82 0 171\nEffect of non designated hedges:\nForeign exchange contracts 0 718 0 (860) 0 (395)\nOther contracts 0 (906) 0 101 0 144\nTotal gains (losses) $ 177 $ (33) $ 149 $ (669) $ 1,961 $ (63)", "start_char_idx": 0, "end_char_idx": 1256, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b273fc16-0f0e-4703-be6a-ba4019310424": {"__data__": {"id_": "b273fc16-0f0e-4703-be6a-ba4019310424", "embedding": null, "metadata": {"page_label": "102", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "fc9fbd0c-2859-43c5-87ee-ecf430034c48", "node_type": null, "metadata": {"page_label": "102", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "e7969f0ed0b4a1c9bef4fc77caa24c8eb028543b8cd2d072bf159625e49c9a69"}}, "hash": "e7969f0ed0b4a1c9bef4fc77caa24c8eb028543b8cd2d072bf159625e49c9a69", "text": "64 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nOffsetting of Derivatives\nWe enter into master netting arrangements and collateral security arrangements to reduce credit risk. Cash collateral received related \nto derivative instruments under our collateral security arrangements are included in other current assets with a corresponding liability. \nCash and non-cash collateral pledged related to derivative instruments under our collateral security arrangements are included in \nother current assets.\nThe gross amounts of derivative instruments subject to master netting arrangements with various counterparties, and cash and \nnon-cash collateral received and pledged under such agreements were as follows (in millions):\nAs of December 31, 2021\nGross \nAmounts \nRecognizedGross Amounts \nOffset in the \nConsolidated \nBalance SheetsNet Amounts \nPresented in the \nConsolidated \nBalance SheetsGross Amounts Not Offset in the \nConsolidated Balance Sheets, \nbut Have Legal Rights to Offset\nNet AmountsFinancial \nInstruments(1)Cash and \nNon-Cash \nCollateral \nReceived or \nPledged\nDerivatives assets $ 999 $ (38) $ 961 $ (434) $ (406) $ 121\nDerivatives liabilities $ 619 $ (38) $ 581 $ (434) $ (114) $ 33\nAs of December 31, 2022\nGross \nAmounts \nRecognizedGross Amounts \nOffset in the \nConsolidated \nBalance SheetsNet Amounts \nPresented in the \nConsolidated \nBalance SheetsGross Amounts Not Offset in the \nConsolidated Balance Sheets, \nbut Have Legal Rights to Offset\nNet AmountsFinancial \nInstruments(1)Cash and \nNon-Cash \nCollateral \nReceived or \nPledged\nDerivatives assets $ 760 $ (84) $ 676 $ (463) $ (132) $ 81\nDerivatives liabilities $ 894 $ (84) $ 810 $ (463) $ (28) $ 319\n(1) The balances as of December 31, 2021 and 2022 were related to derivatives allowed to be net settled in accordance with our master netting agreements.", "start_char_idx": 0, "end_char_idx": 1871, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b020ea2e-5685-45cd-81d8-2ce6e1a87edd": {"__data__": {"id_": "b020ea2e-5685-45cd-81d8-2ce6e1a87edd", "embedding": null, "metadata": {"page_label": "103", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "a897dc3d-9f96-42b7-bea3-470158678db1", "node_type": null, "metadata": {"page_label": "103", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "9007bb03f7d126cc39a98a6305333f2031e2c40c3d10483a9093940b390157a5"}}, "hash": "9007bb03f7d126cc39a98a6305333f2031e2c40c3d10483a9093940b390157a5", "text": "65 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nNote 4.  Leases\nWe have entered into operating lease agreements primarily for data centers, land, and offices throughout the world with lease periods \nexpiring between 2023 and 2063. \nComponents of operating lease expense were as follows (in millions):\nYear Ended December 31,\n2020 2021 2022\nOperating lease cost $ 2,267 $ 2,699 $ 2,900\nVariable lease cost 619 726 838\nTotal operating lease cost $ 2,886 $ 3,425 $ 3,738\nSupplemental information related to operating leases was as follows (in millions):\nYear Ended December 31,\n2020 2021 2022\nCash payments for operating leases $ 2,004 $ 2,489 $ 2,722\nNew operating lease assets obtained in exchange for operating lease liabilities $ 2,765 $ 2,951 $ 4,383\nAs of December\u00a031, 2022, our operating leases had a weighted average remaining lease term of eight years and a weighted average \ndiscount rate of 2.8%. Future lease payments under operating leases as of December\u00a031, 2022 were as follows (in millions):\n2023 $ 2,955\n2024 2,771\n2025 2,377\n2026 1,953\n2027 1,502\nThereafter 5,882\nTotal future lease payments 17,440\nLess imputed interest (2,462 )\nTotal lease liability balance $ 14,978\nAs of December\u00a031, 2022, we have entered into leases that have not yet commenced with short-term and long-term future lease \npayments of $630\u00a0million and $3.1 billion that are not yet recorded on our Consolidated Balance Sheets. These leases will commence \nbetween 2023 and 2026 with non-cancelable lease terms between 1 and 25 y ears.", "start_char_idx": 0, "end_char_idx": 1566, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "262d5f00-a810-4f7d-86d5-71d08dda72dd": {"__data__": {"id_": "262d5f00-a810-4f7d-86d5-71d08dda72dd", "embedding": null, "metadata": {"page_label": "104", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "f45876ee-dac2-4ecb-a20b-2e4b838b96f5", "node_type": null, "metadata": {"page_label": "104", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "78c6ffacd5302f9df176ba24bcf540771887935133478304e769da945f0bf5f2"}}, "hash": "78c6ffacd5302f9df176ba24bcf540771887935133478304e769da945f0bf5f2", "text": "66 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nNote 5.  V ariable Interest Entities \nConsolidated VIEs\nWe consolidate VIEs in which we hold a variable interest and are the primary beneficiary. The results of operations and financial \nposition of these VIEs are included in our consolidated financial statements. \n For certain consolidated VIEs, their assets are not available to us and their creditors do not have recourse to us. As of December 31, 2021 \nand 2022, assets that can only be used to settle obligations of these VIEs were $6.0 billion and $4.1 billion, respectively, and the liabilities for which creditors only have recourse to the VIEs were $2.5 billion and $2.6 billion, respectively. We may continue to fund ongoing operations of certain VIEs that are included within Other Bets.\nTotal noncontrolling interests (NCI) in our consolidated subsidiaries were $4.3 billion and $3.8 billion as of December\u00a031, 2021 and \n2022, respectively, of which $1.1 billion is redeemable noncontrolling interest (RNCI) for both periods. NCI and RNCI are included within additional paid-in capital. Net loss attributable to noncontrolling interests was not material for any period presented and is included within the \u201cother\u201d component of OI&E. See Note 7 for further details on OI&E.\nUnconsolidated VIEs\nWe have investments in VIEs in which we are not the primary beneficiary. These VIEs include private companies that are primarily early stage companies and certain renewable energy entities in which activities involve power generation using renewable sources. \nWe have determined that the governance structures of these entities do not allow us to direct the activities that would significantly \naffect their economic performance. Therefore, we are not the primary beneficiary, and the results of operations and financial position of these VIEs are not included in our consolidated financial statements. We account for these investments as non-marketable equity securities or equity method investments.\nThe maximum exposure of these unconsolidated VIEs is generally based on the current carrying value of the investments and any \nfuture funding commitments. We have determined that the single source of our exposure to these VIEs is our capital investments in them. The carrying value and maximum exposure of these unconsolidated VIEs were $2.7 billion and $2.9 billion, respectively, as of December\u00a031, 2021 and $2.7 billion and $2.8 billion, respectively, as of December\u00a031, 2022.", "start_char_idx": 0, "end_char_idx": 2532, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "2c5fb01d-a761-45d5-bf0e-a88b9063f518": {"__data__": {"id_": "2c5fb01d-a761-45d5-bf0e-a88b9063f518", "embedding": null, "metadata": {"page_label": "105", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2f5d326a-515c-415d-9350-7bcddde4a774", "node_type": null, "metadata": {"page_label": "105", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "60ee507de244c649f4b71b3adad0195fe110762e9794b587886e2f14d79be9e6"}}, "hash": "60ee507de244c649f4b71b3adad0195fe110762e9794b587886e2f14d79be9e6", "text": "67 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nNote 6.  Debt\nShort-Term Debt\nWe have a debt financing program of up to $10.0 billion through the issuance of commercial paper. Net proceeds from this program \nare used for general corporate purposes. We had no commercial paper outstanding as of December\u00a031, 2021 and 2022. \nOur short-term debt balance also includes the current portion of certain long-term debt.\nLong-Term Debt\nTotal outstanding debt is summarized below (in millions, except percentages):\nEffective \nInterest RateAs of December 31,\nMaturity Coupon Rate 2021 2022\nDebt\n2014-2020 Notes issuances 2024 - 2060 0.45% - 3.38% 0.57% - 3.38% $ 13,000 $ 13,000\nFuture finance lease payments, net and \nother(1)2,086 2,142\nTotal debt 15,086 15,142\nUnamortized discount and debt issuance costs (156) (143)\nLess: current portion of future finance lease payments, net and other current debt\n(1)(2)(113) (298)\nTotal long-term debt $ 14,817 $ 14,701\n(1) F uture finance lease payments are net of imputed interest.\n(2) T otal current portion of long-term debt is included within other accrued expenses and current liabilities. See Note 7 for further details.\nThe notes in the table above are fixed-rate senior unsecured obligations and generally rank equally with each other. We may redeem the notes at any time in whole or in part at specified redemption prices. The effective interest rates are based on proceeds received with interest payable semi-annually.\nThe total estimated fair value of the outstanding notes was approximately $12.4\u00a0billion and $9.9\u00a0billion as of December\u00a031, 2021 \nand December\u00a031, 2022, respectively. The fair value was determined based on observable market prices of identical instruments in \nless active markets and is categorized accordingly as Level 2 in the fair value hierarchy.\nAs of December\u00a031, 2022, the aggregate future principal payments for long-term debt, including finance lease liabilities, for each of \nthe next five years and thereafter were as follows (in millions):\n2023 $ 221\n2024 1,156\n2025 1,159\n2026 2,163\n2027 1,166\nThereafter 9,447\nTotal $ 15,312\nCredit Facility\nAs of December\u00a031, 2022, we had\u00a0$10.0 billion of revolving credit facilities, $4.0 billion expiring in April 2023 and $6.0 billion expiring in April 2026. The interest rates for all credit facilities are determined based on a formula using certain market rates, as well as our progress toward the achievement of certain sustainability goals. No amounts were outstanding under the credit facilities as of December\u00a031, 2021 and 2022.", "start_char_idx": 0, "end_char_idx": 2593, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "42cc1271-9a55-4ada-bc7c-e23a682ce677": {"__data__": {"id_": "42cc1271-9a55-4ada-bc7c-e23a682ce677", "embedding": null, "metadata": {"page_label": "106", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "729eac02-7f9d-4a4c-b3b4-ed4919d16782", "node_type": null, "metadata": {"page_label": "106", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "d537004f3f0e0d15f5f0b9b44c077221f748682c6431631dd1ef07c6305a6e0f"}}, "hash": "d537004f3f0e0d15f5f0b9b44c077221f748682c6431631dd1ef07c6305a6e0f", "text": "68 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nNote 7.  Supplemental Financial Statemen t Information\nAccounts Receivable\nThe allowance for credit losses on accounts receivable was $550 million and $754 million as of December\u00a031, 2021 and 2022, \nrespectively.\nProperty and Equipment, Net\nProperty and equipment, net, consisted of the following (in millions):\nAs of December 31,\n2021 2022\nLand and buildings $ 58,881 $ 66,897\nInformation technology assets 55,606 66,267\nConstruction in progress 23,172 27,657\nLeasehold improvements 9,146 10,575\nFurniture and fixtures 208 314\nProperty and equipment, gross 147,013 171,710\nLess: accumulated depreciation (49,414 ) (59,042 )\nProperty and equipment, net $ 97,599 $ 112,668\nAccrued expenses and other current liabilities\nAccrued expenses and other current liabilities consisted of the following (in millions):\nAs of December 31,\n2021 2022\nEuropean Commission fines(1)$ 9,799 $ 9,106\nAccrued customer liabilities 3,505 3,619\nAccrued purchases of property and equipment 2,415 3,019\nCurrent operating lease liabilities 2,189 2,477\nOther accrued expenses and current liabilities 14,136 19,645\nAccrued expenses and other current liabilities $ 32,044 $ 37,866\n(1) W hile each EC decision is under appeal, the fines are included in accrued expenses and other current liabilities on our Consolidated Balance Sheets, as we \nprovided bank guarantees (in lieu of a cash payment) for the fines. Amounts include the effects of foreign exchange and interest. See Note 10 for further details.", "start_char_idx": 0, "end_char_idx": 1570, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e01ed03d-baaf-48bb-bfdd-2ab9b940ea42": {"__data__": {"id_": "e01ed03d-baaf-48bb-bfdd-2ab9b940ea42", "embedding": null, "metadata": {"page_label": "107", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "600f26f1-16b5-4d26-bb38-1544f3a171e4", "node_type": null, "metadata": {"page_label": "107", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "e17c015000c3a67f645e02af77edfb8fd90ede19481dfba1d0c681fe0329653d"}}, "hash": "e17c015000c3a67f645e02af77edfb8fd90ede19481dfba1d0c681fe0329653d", "text": "69 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nAccumulated Other Comprehensive Income (Loss)\nComponents of AOCI, net of income tax, were as follows (in millions):\nForeign Currency \nTranslation \nAdjustmentsUnrealized Gains \n(Losses) on \nAvailable-for-Sale \nInvestmentsUnrealized Gains \n(Losses) on Cash \nFlow Hedges Total\nBalance as of December 31, 2019 $ (2,003 )$ 812 $ (41) $ (1,232 )\nOther comprehensive income (loss) before \nreclassifications 1,139 1,313 79 2,531\nAmounts excluded from the assessment of hedge effectiveness recorded in AOCI 0 0 (37) (37)\nAmounts reclassified from AOCI 0 (513) (116) (629)\nOther comprehensive income (loss) 1,139 800 (74) 1,865\nBalance as of December 31, 2020 (864) 1,612 (115) 633\nOther comprehensive income (loss) before reclassifications (1,442 ) (1,312 ) 668 (2,086 )\nAmounts excluded from the assessment of hedge effectiveness recorded in AOCI 0 0 48 48\nAmounts reclassified from AOCI 0 (64) (154) (218)\nOther comprehensive income (loss) (1,442 ) (1,376 ) 562 (2,256 )\nBalance as of December 31, 2021 (2,306 ) 236 447 (1,623 )\nOther comprehensive income (loss) before reclassifications (1,836 ) (4,720 ) 1,463 (5,093 )\nAmounts excluded from the assessment of hedge effectiveness recorded in AOCI 0 0 (188) (188)\nAmounts reclassified from AOCI 0 1,007 (1,706 ) (699)\nOther comprehensive income (loss) (1,836 ) (3,713 ) (431) (5,980 )\nBalance as of December 31, 2022 $ (4,142 )$\n(3,477 )$ 16 $ (7,603 )\nThe effects on net income of amounts reclassified from AOCI were as follows (in millions):\nAOCI Components LocationGains (Losses) Reclassified from AOCI  \nto the Consolidated Statements of Income\nYear Ended December 31,\n2020 2021 2022\nUnrealized gains (losses) on available-for-sale investments\nOther income (expense), net $ 650 $ 82 $ (1,291 )\nBenefit (provision) for income taxes (137) (18) 284\nNet of income tax 513 64 (1,007 )\nUnrealized gains (losses) on cash flow hedges\nForeign exchange contracts Revenue 144 165 2,046\nInterest rate contracts Other income (expense), net 6 6 6\nBenefit (provision) for income taxes (34) (17) (346)\nNet of income tax 116 154 1,706\nTotal amount reclassified, net of income tax $ 629 $ 218 $ 699", "start_char_idx": 0, "end_char_idx": 2222, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "8a961696-9b18-46ba-8361-d749d6a62e4f": {"__data__": {"id_": "8a961696-9b18-46ba-8361-d749d6a62e4f", "embedding": null, "metadata": {"page_label": "108", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ef51289e-5719-44be-93c3-51b795ad249e", "node_type": null, "metadata": {"page_label": "108", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "8b8e6952be9714a39c8faaa91badde563235759903f96578829c1aabfee037f6"}}, "hash": "8b8e6952be9714a39c8faaa91badde563235759903f96578829c1aabfee037f6", "text": "70 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nOther Income (Expense), Net \nComponents of OI&E were as follows (in millions):\u00a0\nYear Ended December 31,\n2020 2021 2022\nInterest income $ 1,865 $ 1,499 $ 2,174\nInterest expense(1)(135) (346) (357)\nForeign currency exchange gain (loss), net (344) (240 ) (654 )\nGain (loss) on debt securities, net 725 (110 ) (2,064 )\nGain (loss) on equity securities, net 5,592 12,380 (3,455 )\nPerformance fees (609) (1,908 ) 798\nIncome (loss) and impairment from equity method investments, net 401 334 (337 )\nOther (637 ) 411 381\nOther income (expense), net $ 6,858 $ 12,020 $ (3,514 )\n(1) Inter est expense is net of interest capitalized of $218 million, $163 million, and $128 million for the years ended December 31, 2020, 2021, and 2022, \nrespectively.\nNote 8.  Acquisitions\nMandiant Acquisition\nOn September 12, 2022 we closed the acquisition of Mandiant for a total purchase price of $6.1 billion, including cash and debt. The \npurchase price excludes post acquisition compensation arrangements. Mandiant\u2019s dynamic cyber defense, threat intelligence and incident response services are expected to enhance Google Cloud\u2019s security offerings. The financial results of Mandiant have been included within the Google Cloud segment as of the close of the acquisition. \nThe purchase price was allocated as follows (in millions):\nIntangible assets $ 840\nGoodwill(1)4,772\nNet assets acquired(2)489\nTotal purchase price $ 6,101\n(1) Goodwill was recorded in the Google Cloud segment and primarily attributable to synergies expected to arise after the acquisition. Goodwill is not deductible \nfor tax purposes.\n(2) Includes $706 million  of acquired cash.\nIntangible assets acquired as of the acquisition date were as follows:\nAmount \n(in millions)Weighted-Average \nUseful Life\n(in years)\nPatents and developed technology $ 349 4.8\nCustomer relationships 366 8.0\nTrade names and other 125 5.9\nTotal intangible assets $ 840", "start_char_idx": 0, "end_char_idx": 1992, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "66dc147c-ccc7-419d-a656-968c22ee72bd": {"__data__": {"id_": "66dc147c-ccc7-419d-a656-968c22ee72bd", "embedding": null, "metadata": {"page_label": "109", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3151ba61-d6af-4de5-9252-b03bdf635a7a", "node_type": null, "metadata": {"page_label": "109", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "4142afc88ec22a782f75cd26a81d9a02cd8c63895d6630ece3e377261e070556"}}, "hash": "4142afc88ec22a782f75cd26a81d9a02cd8c63895d6630ece3e377261e070556", "text": "71 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nNote 9.  Goodwill and Other Intangible Ass ets \nGoodwill\nChanges in the carrying amount of goodwill for the years ended December\u00a031, 2021 and 2022 were as follows (in millions):\nGoogle \nServices Google Cloud Other Bets Total\nBalance as of December 31, 2020 $18,517 $ 1,957 $ 701 $ 21,175\nAcquisitions 1,325 382 103 1,810\nForeign currency translation and other adjustments (16) (2) (11) (29)\nBalance as of December 31, 2021 19,826 2,337 793 22,956\nAcquisitions 1,176 4,876 119 6,171\nForeign currency translation and other adjustments (155 ) (8) (4) (167 )\nBalance as of December 31, 2022 $20,847 $ 7,205 $ 908 $ 28,960\nOther Intangible Assets\nInformation regarding intangible assets was as follows (in millions):\nAs of December 31, 2021 As of December 31, 2022\nGross\nCarrying\nAmountAccumulated\nAmortizationNet\nCarrying\nAmountGross\nCarrying\nAmountAccumulated\nAmortizationNet\nCarrying\nValueWeighted-\nAverage \nRemaining \nUseful Life \n(in years)\nPatents and developed technology $ 4,786 $ 4,112 $ 674 $ 1,164 $ 354 $ 810 3.2\nCustomer relationships 506 140 366 862 235 627 5.0\nTrade names and other 534 295 239 527 120 407 6.3\nTotal definite-lived intangible assets 5,826 4,547 1,279 2,553 709 1,844\nIndefinite-lived intangible assets 138 0 138 240 0 240\nTotal intangible assets $ 5,964 $ 4,547 $1,417 $ 2,793 $ 709 $2,084\nFor the year ended December 31, 2022, $4.5 billion of intangible assets that were fully amortized have been removed from gross \nintangible assets and accumulated amortization.\nAmortization expense relating to intangible assets was $774 million, $875 million, and $642 million for the years ended December\u00a031, \n2020, 2021, and 2022, respectively.\nExpected amortization expense of definite-lived intangible assets held as of December\u00a031, 2022 was as follows (in millions):\n\u00a0\n2023 $ 463\n2024 444\n2025 314\n2026 235\n2027 152\nThereafter 236\n$ 1,844", "start_char_idx": 0, "end_char_idx": 1954, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "cc4da445-1411-436d-a120-3ee01c490aed": {"__data__": {"id_": "cc4da445-1411-436d-a120-3ee01c490aed", "embedding": null, "metadata": {"page_label": "110", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "a15af5bd-ce17-4768-a3f4-2f9f1479452d", "node_type": null, "metadata": {"page_label": "110", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "132f61535692a662ffb831d7d3b42d34a4c54afdbe6556b88749bf326c6efa79"}, "3": {"node_id": "a8db40fc-e025-4e0b-92b5-d8319a2ecf23", "node_type": null, "metadata": {"page_label": "110", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "ee0074f1c1d8da10d8ea4fb6eddca9885203ef358392e19e98f8c8df2adee25d"}}, "hash": "d9d9820c3d140404d73bf7681d032496384a4ee881f4d4c75ce5a273c39a46da", "text": "72 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nNote 10.  Commitments and contingencies\nCommitments \nWe have content licensing agreements with future fixed or minimum guaranteed commitments of $12.3\u00a0billion as of December 31, \n2022, of which the majority will be paid over seven years commencing in 2023.\nIndemnifications\nIn the normal course of business, including to facilitate transactions in our services and products and corporate activities, we indemnify certain parties, including advertisers, Google Network partners, distribution partners, customers of Google Cloud offerings, lessors, and service providers with respect to certain matters. We have agreed to hold certain parties harmless against losses arising from a breach of representations or covenants, or out of intellectual property infringement or other claims made against certain parties. Several of these agreements limit the time within which an indemnification claim can be made and the amount of the claim. In addition, we have entered into indemnification agreements with our officers and directors, and our bylaws contain similar indemnification \nobligations to our agents.\nIt is not possible to make a reasonable estimate of the maximum potential amount under these indemnification agreements due to \nthe unique facts and circumstances involved in each particular agreement. Additionally, the payments we have made under such agreements have not had a material adverse effect on our results of operations, cash flows, or financial position. However, to the extent that valid indemnification claims arise in the future, future payments by us could be significant and could have a material adverse effect on our results of operations or cash flows in a particular period. \nAs of December\u00a031, 2022, we did not have any material indemnification claims that were probable or reasonably possible.\nLegal Matters\nWe record a liability when we believe that it is probable that a loss has been incurred, and the amount can be reasonably estimated. \nIf we determine that a loss is reasonably possible and the loss or range of loss can be estimated, we disclose the reasonably possible loss. We evaluate developments in our legal matters that could affect the amount of liability that has been previously accrued, and the matters and related reasonably possible losses disclosed, and make adjustments as appropriate.\nCertain outstanding matters include speculative, substantial or indeterminate monetary amounts. Significant judgment is required to \ndetermine both the likelihood of there being a loss and the estimated amount of a loss related to such matters, and we may be unable to estimate the reasonably possible loss or range of losses. The outcomes of outstanding legal matters are inherently unpredictable and subject to significant uncertainties, and could, either individually or in aggregate, have a material adverse effect.\nWe expense legal fees in the period in which they are incurred.\nANTITRUST INVESTIGATIONS\nOn November 30, 2010, the EC\u2019s Directorate General for Competition opened an investigation into various antitrust-related complaints \nagainst us. \nOn June 27, 2017, the EC announced its decision that certain actions taken by Google regarding its display and ranking of shopping \nsearch results and ads infringed European competition law. The EC decision imposed a \u20ac2.4 billion ($2.7 billion as of June\u00a027, 2017) fine. On September 11, 2017, we appealed the EC decision to the General Court, and on September 27, 2017, we implemented product changes to bring shopping ads into compliance with the EC\u2019s decision. We recognized a charge of $2.7 billion for the fine in the second quarter of 2017. On November 10, 2021, the General Court rejected our appeal, and we subsequently filed an appeal with the European Court of Justice on January 20, 2022.\nOn July 18, 2018, the EC announced its decision that certain provisions in Google\u2019s Android-related distribution agreements infringed \nEuropean competition law. The EC decision imposed a \u20ac4.3 billion ($5.1 billion as of June\u00a030, 2018) fine and directed the termination of \nthe conduct at issue. On October", "start_char_idx": 0, "end_char_idx": 4190, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a8db40fc-e025-4e0b-92b5-d8319a2ecf23": {"__data__": {"id_": "a8db40fc-e025-4e0b-92b5-d8319a2ecf23", "embedding": null, "metadata": {"page_label": "110", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "a15af5bd-ce17-4768-a3f4-2f9f1479452d", "node_type": null, "metadata": {"page_label": "110", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "132f61535692a662ffb831d7d3b42d34a4c54afdbe6556b88749bf326c6efa79"}, "2": {"node_id": "cc4da445-1411-436d-a120-3ee01c490aed", "node_type": null, "metadata": {"page_label": "110", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "d9d9820c3d140404d73bf7681d032496384a4ee881f4d4c75ce5a273c39a46da"}}, "hash": "ee0074f1c1d8da10d8ea4fb6eddca9885203ef358392e19e98f8c8df2adee25d", "text": "June\u00a030, 2018) fine and directed the termination of \nthe conduct at issue. On October 9, 2018, we appealed the EC decision, and on October 29, 2018, we implemented changes to certain of our Android distribution practices. On September 14, 2022, the General Court reduced the fine from \u20ac4.3 billion to \u20ac4.1\u00a0billion. We subsequently filed an appeal with the European Court of Justice. In 2018, we recognized a charge of $5.1\u00a0billion for the fine, which \nwe reduced by $217\u00a0million in 2022.\nOn March 20, 2019, the EC announced its decision that certain contractual provisions in agreements that Google had with AdSense for \nSearch partners infringed European competition law. The EC decision imposed a fine of \u20ac1.5 billion ($1.7 billion as of March\u00a020, 2019) \nand directed actions related to AdSense for Search partners\u2019 agreements, which we implemented prior to the decision. On June 4, 2019, \nwe appealed the EC decision, which remains pending. We recognized a charge of $1.7 billion for the fine in the first quarter of 2019.\tzPART II\n \u2014ITEM\u00a08.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA", "start_char_idx": 4105, "end_char_idx": 5194, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e3fefdc9-5da7-426c-ba10-1fd599205ef8": {"__data__": {"id_": "e3fefdc9-5da7-426c-ba10-1fd599205ef8", "embedding": null, "metadata": {"page_label": "111", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "019b4a78-b6c6-4a94-b4cb-aca25c12955e", "node_type": null, "metadata": {"page_label": "111", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "d1da327f08b5f1b29d8ec24abb52bfcef748833f4a243564301b8a8e75123a5a"}, "3": {"node_id": "9794344c-fb34-4cba-8578-e3e84091ed15", "node_type": null, "metadata": {"page_label": "111", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "9347f2075112e0ccd096bd24251419fbacd30117a39bf3d1a3c364665934255c"}}, "hash": "093310bcb4d58a621c49d115e405dac01fbd4d8e5cf645666bd92fa4e3d0c920", "text": "73 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nFrom time to time we are subject to formal and informal inquiries and investigations on various competition matters by regulatory \nauthorities in the U.S., Europe, and other jurisdictions globally. For example:\n\tzIn August 2019, we began receiving civil investigative demands from the U.S. Department of Justice (DOJ) requesting information \nand documents relating to our prior antitrust investigations and certain aspects of our business. The DOJ and a number of state \nAttorneys General filed a lawsuit on October 20, 2020 alleging that Google violated U.S. antitrust laws relating to Search and Search \nadvertising. Further, in June 2022, the Australian Competition and Consumer Commission (ACCC) and the United Kingdom\u2019s Competition and Markets Authority (CMA) each opened an investigation into Search distribution practices.\n\tzOn December 16, 2020, a number of state Attorneys General filed an antitrust complaint in the U.S. District Court for the Eastern District of Texas, alleging that Google violated U.S. antitrust laws as well as state deceptive trade laws relating to its advertising \ntechnology. Additionally, on January 24, 2023, the DOJ, along with a number of state Attorneys General, filed an antitrust complaint \nalleging that Google\u2019s digital advertising technology products violate U.S. antitrust laws. The EC, the CMA, and the ACCC each \nopened a formal investigation into Google\u2019s advertising technology business practices on June 22, 2021, May 25, 2022, and \nJune 29, 2022, respectively.\n\tzOn July 7, 2021, a number of state Attorneys General filed an antitrust complaint in the U.S. District Court for the Northern District of California, alleging that Google\u2019s operation of Android and Google Play violated U.S. antitrust laws and state antitrust and consumer protection laws. In May 2022, the EC and the CMA each opened investigations into Google Play\u2019s business practices. Korean regulators are investigating Google Play\u2019s billing practices, most recently opening a formal review in May 2022 of Google\u2019s compliance with the new app store billing regulations.\nWe believe these complaints are without merit and will defend ourselves vigorously. We continue to cooperate with federal and state regulators in the U.S., the EC, and other regulators around the world.\nPATENT AND INTELLECTUAL PROPERTY CLAIMS\nWe have had patent, copyright, trade secret, and trademark infringement lawsuits filed against us claiming that certain of our \nproducts, services, and technologies infringe others\u2019 intellectual property rights. Adverse results in these lawsuits may include awards of substantial monetary damages, costly royalty or licensing agreements, or orders preventing us from offering certain features, functionalities, products, or services. As a result, we may have to change our business practices and develop non-infringing products or technologies, which could result in a loss of revenues for us and otherwise harm our business. In addition, the U.S. International Trade Commission (ITC) has increasingly become an important forum to litigate intellectual property disputes because an ultimate loss in an ITC action can result in a prohibition on importing infringing products into the U.S. Because the U.S. is an important market, a prohibition on importation could have an adverse effect on us, including preventing us from importing many important products into the U.S. or necessitating workarounds that may limit certain features of our products.\nFurthermore, many of our agreements with our customers and partners require us to indemnify them against certain intellectual \nproperty infringement claims, which would increase our costs as a result of defending such claims, and may require that we pay significant damages if there were an adverse ruling in any such claims. In addition, our customers and partners may discontinue the use of our products, services, and technologies, as a result of", "start_char_idx": 0, "end_char_idx": 4023, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9794344c-fb34-4cba-8578-e3e84091ed15": {"__data__": {"id_": "9794344c-fb34-4cba-8578-e3e84091ed15", "embedding": null, "metadata": {"page_label": "111", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "019b4a78-b6c6-4a94-b4cb-aca25c12955e", "node_type": null, "metadata": {"page_label": "111", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "d1da327f08b5f1b29d8ec24abb52bfcef748833f4a243564301b8a8e75123a5a"}, "2": {"node_id": "e3fefdc9-5da7-426c-ba10-1fd599205ef8", "node_type": null, "metadata": {"page_label": "111", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "093310bcb4d58a621c49d115e405dac01fbd4d8e5cf645666bd92fa4e3d0c920"}}, "hash": "9347f2075112e0ccd096bd24251419fbacd30117a39bf3d1a3c364665934255c", "text": "discontinue the use of our products, services, and technologies, as a result of injunctions or otherwise, which could result in loss of revenues and adversely affect our business.\nOTHER\nWe are subject to claims, lawsuits, regulatory and government investigations, other proceedings, and consent orders involving \ncompetition, intellectual property, data privacy and security, tax and related compliance, labor and employment, commercial disputes, content generated by our users, goods and services offered by advertisers or publishers using our platforms, personal injury, consumer protection, and other matters. For example, we currently have a number of privacy investigations and lawsuits ongoing in multiple jurisdictions. We also periodically have data incidents that we report to relevant regulators as required by law. Such claims, lawsuits, regulatory and government investigations, other proceedings, and consent orders could result in substantial fines and penalties, injunctive relief, ongoing monitoring and auditing obligations, changes to our products and services, alterations to our business models and operations, and collateral related civil litigation or other adverse consequences, all of which could harm our business, reputation, financial condition, and operating results.\nWe have ongoing legal matters relating to Russia. For example, civil judgments that include compounding penalties have been \nimposed upon us in connection with disputes regarding the termination of accounts, including those of sanctioned parties. We do not believe these ongoing legal matters will have a material adverse effect.", "start_char_idx": 3944, "end_char_idx": 5569, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "fee73744-c969-4eed-b3e5-7798097a8bbe": {"__data__": {"id_": "fee73744-c969-4eed-b3e5-7798097a8bbe", "embedding": null, "metadata": {"page_label": "112", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8f16ef1a-6022-45b9-896b-7406ef982987", "node_type": null, "metadata": {"page_label": "112", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "02c4e27576ad0f99c9a6c7984f7fa97f3fb060dc18493659849d7b50456f29d7"}}, "hash": "02c4e27576ad0f99c9a6c7984f7fa97f3fb060dc18493659849d7b50456f29d7", "text": "74 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nNon-Income Taxes \nWe are under audit by various domestic and foreign tax authorities with regards to non-income tax matters. The subject matter \nof non-income tax audits primarily arises from disputes on the tax treatment and tax rate applied to the sale of our products and \nservices in these jurisdictions and the tax treatment of certain employee benefits. We accrue non-income taxes that may result from \nexaminations by, or any negotiated agreements with, these tax authorities when a loss is probable and reasonably estimable. If we \ndetermine that a loss is reasonably possible and the loss or range of loss can be estimated, we disclose the reasonably possible loss. Due to the inherent complexity and uncertainty of these matters and judicial process in certain jurisdictions, the final outcome may be materially different from our expectations.\nFor information regarding income tax contingencies see Note 14.\nNote 11.  St ockholders\u2019 Equity \nClass A and Class B Common Stock and Class C Capital Stock\nOur Board of Directors has authorized three classes of stock, Class A and Class B common stock, and Class C capital stock. The rights \nof the holders of each class of our common and capital stock are identical, except with respect to voting. Each share of Class\u00a0A \ncommon stock is entitled to one vote per share. Each share of Class B common stock is entitled to 10 votes per share. Class C capital \nstock has no voting rights, except as required by applicable law. Shares of Class B common stock may be converted at any time at \nthe option of the stockholder and automatically convert upon sale or transfer to Class\u00a0A common stock.\nStock Split\nOn July 15, 2022, the company executed a 20-for-one stock split with a record date of July 1, 2022, effected in the form of a one-time special stock dividend on each share of the company\u2019s Class A, Class B, and Class C stock. All prior period references made to share or per share amounts in the accompanying consolidated financial statements and applicable disclosures have been retroactively adjusted to reflect the effects of the Stock Split. See Note 1 for further details. \nShare Repurchases\nIn April 2022, the Board of Directors of Alphabet authorized the company to repurchase up to $70.0\u00a0billion of its Class A and Class C shares. As of December\u00a031, 2022, $28.1 billion remains available for Class A and Class C share repurchases. \nThe following table presents Class A and Class C shares repurchased and subsequently retired (in millions):\nYear Ended December 31, 2021 Year Ended December 31, 2022\nShares Amount Shares Amount\nClass A share repurchases 24 $ 3,399 61 $ 6,719\nClass C share repurchases 383 46,875 469 52,577\nTotal share repurchases 407 $ 50,274 530 $ 59,296\nClass A and Class C shares are repurchased in a manner deemed in the best interest of the company and its stockholders, taking \ninto account the economic cost and prevailing market conditions, including the relative trading prices and volumes of the Class A and Class C shares. Repurchases are executed from time to time, subject to general business and market conditions and other investment opportunities, through open market purchases or privately negotiated transactions, including through Rule 10b5-1 plans. The repurchase program does not have an expiration date.", "start_char_idx": 0, "end_char_idx": 3400, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3700d97f-5c92-4f6c-9876-d43dc39c51d1": {"__data__": {"id_": "3700d97f-5c92-4f6c-9876-d43dc39c51d1", "embedding": null, "metadata": {"page_label": "113", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "93de6ff5-4055-4c50-9e4d-c6ada9cad57c", "node_type": null, "metadata": {"page_label": "113", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "c2f3ad0ddad22513f03d75c0220682371ecb257fd497e25d487f0059e52b6d5b"}}, "hash": "c2f3ad0ddad22513f03d75c0220682371ecb257fd497e25d487f0059e52b6d5b", "text": "75 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nNote 12.  Net Income P er Share \nWe compute net income per share of Class\u00a0A, Class B, and Class C stock using the two-class method. Basic net income per share is \ncomputed using the weighted-average number of shares outstanding during the period. Diluted net income per share is computed \nusing the weighted-average number of shares and the effect of potentially dilutive securities outstanding during the period. Potentially \ndilutive securities consist of restricted stock units and other contingently issuable shares. The dilutive effect of outstanding restricted \nstock units and other contingently issuable shares is reflected in diluted earnings per share by application of the treasury stock method. The computation of the diluted net income per share of Class\u00a0A stock assumes the conversion of Class B stock, while the diluted net income per share of Class B stock does not assume the conversion of those shares.\nThe rights, including the liquidation and dividend rights, of the holders of our Class\u00a0A, Class B, and Class C stock are identical, except \nwith respect to voting. Furthermore, there are a number of safeguards built into our certificate of incorporation, as well as Delaware law, which preclude our Board of Directors from declaring or paying unequal per share dividends on our Class\u00a0A, Class B, and Class C stock. Specifically, Delaware law provides that amendments to our certificate of incorporation which would have the effect of adversely altering the rights, powers, or preferences of a given class of stock must be approved by the class of stock adversely affected by the proposed amendment. In addition, our certificate of incorporation provides that before any such amendment may be put to a stockholder vote, it must be approved by the unanimous consent of our Board of Directors. As a result, the undistributed earnings for each year are allocated based on the contractual participation rights of the Class\u00a0A, Class B, and Class C stock as if the earnings for the year had been distributed. As the liquidation and dividend rights are identical, the undistributed earnings are allocated on a proportionate basis.\nIn the\u00a0years ended December 31, 2020, 2021, and 2022, the net income per share amounts are the same for Class\u00a0A, Class B, and \nClass C stock because the holders of each class are entitled to equal per share dividends or distributions in liquidation in accordance with the Amended and Restated Certificate of Incorporation of Alphabet Inc.\nThe following tables set forth the computation of basic and diluted net income per share of Class\u00a0A, Class B, and Class C stock \n(in millions, except per share amounts):\nYear Ended December\u00a031,\n2020\nClass A Class B Class C\nBasic net income per share:\nNumerator\nAllocation of undistributed earnings $ 17,733 $ 2,732 $ 19,804\nDenominator\nNumber of shares used in per share computation 5,996 924 6,696 \nBasic net income per share $ 2.96 $ 2.96 $ 2.96\nDiluted net income per share:\nNumerator\nAllocation of undistributed earnings for basic computation $ 17,733 $ 2,732 $ 19,804\nReallocation of undistributed earnings as a result of conversion of Class B to Class\u00a0A shares 2,732 0 0 \nReallocation of undistributed earnings (180) (25) 180 \nAllocation of undistributed earnings $ 20,285 $ 2,707 $ 19,984\nDenominator\nNumber of shares used in basic computation 5,996 924 6,696 \nWeighted-average effect of dilutive securities\nAdd:\nConversion of Class B to Class\u00a0A shares outstanding 924 0 0 \nRestricted stock units and other contingently issuable shares 2 0 123\nNumber of shares used in per share computation 6,922 924 6,819\nDiluted net income per share $ 2.93 $ 2.93 $ 2.93", "start_char_idx": 0, "end_char_idx": 3741, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "faa3243e-96eb-4267-8c1c-9c632a31766e": {"__data__": {"id_": "faa3243e-96eb-4267-8c1c-9c632a31766e", "embedding": null, "metadata": {"page_label": "114", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "bd4b84b2-4472-4b0d-a9a8-bf71119ad85e", "node_type": null, "metadata": {"page_label": "114", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "0fa0f12c930b845fc53117022ec6905357783d31ef4b23fd9277c1c8826a7ab8"}}, "hash": "0fa0f12c930b845fc53117022ec6905357783d31ef4b23fd9277c1c8826a7ab8", "text": "76 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nYear Ended December\u00a031,\n2021\nClass A Class B Class C\nBasic net income per share:\nNumerator\nAllocation of undistributed earnings $ 34,200 $ 5,174 $ 36,659\nDenominator\nNumber of shares used in per share computation 6,006 909 6,438 \nBasic net income per share $ 5.69 $ 5.69 $ 5.69\nDiluted net income per share:\nNumerator\nAllocation of undistributed earnings for basic computation $ 34,200 $ 5,174 $ 36,659\nReallocation of undistributed earnings as a result of conversion of Class B to Class\u00a0A \nshares 5,174 0 0 \nReallocation of undistributed earnings (581) (77) 581 \nAllocation of undistributed earnings $ 38,793 $ 5,097 $ 37,240\nDenominator\nNumber of shares used in basic computation 6,006 909 6,438 \nWeighted-average effect of dilutive securities\nAdd:\nConversion of Class B to Class\u00a0A shares outstanding 909 0 0 \nRestricted stock units and other contingently issuable shares 0 0 200 \nNumber of shares used in per share computation 6,915 909 6,638\nDiluted net income per share $ 5.61 $ 5.61 $ 5.61 \nYear Ended December\u00a031,\n2022\nClass A Class B Class C\nBasic net income per share:\nNumerator\nAllocation of undistributed earnings $ 27,518 $ 4,072 $ 28,382\nDenominator\nNumber of shares used in per share computation 5,994 887 6,182\nBasic net income per share $ 4.59 $ 4.59 $ 4.59\nDiluted net income per share:\nNumerator\nAllocation of undistributed earnings for basic computation $ 27,518 $ 4,072 $ 28,382\nReallocation of undistributed earnings as a result of conversion of Class B to \nClass\u00a0A shares 4,072 0 0 \nReallocation of undistributed earnings (230) (30) 230 \nAllocation of undistributed earnings $ 31,360 $ 4,042 $ 28,612\nDenominator\nNumber of shares used in basic computation 5,994 887 6,182\nWeighted-average effect of dilutive securities\nAdd:\nConversion of Class B to Class\u00a0A shares outstanding 887 0 0 \nRestricted stock units and other contingently issuable shares 0 0 96\nNumber of shares used in per share computation 6,881 887 6,278\nDiluted net income per share $ 4.56 $ 4.56 $ 4.56", "start_char_idx": 0, "end_char_idx": 2083, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "86ea6ce2-385c-4a47-8dd2-067e55379759": {"__data__": {"id_": "86ea6ce2-385c-4a47-8dd2-067e55379759", "embedding": null, "metadata": {"page_label": "115", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "82fe8206-432c-4b12-9186-c97a1413a33e", "node_type": null, "metadata": {"page_label": "115", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "61dabcbc119bc75726c397ad7cb41c561a6319991377f564559f71c14255b23f"}}, "hash": "61dabcbc119bc75726c397ad7cb41c561a6319991377f564559f71c14255b23f", "text": "77 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nNote 13.  Compensation Plans\nStock Plans\nOur stock plans include the Alphabet Amended and Restated 2021 Stock Plan (\u201cAlphabet 2021 Stock Plan\u201d) and Other Bet stock-based \nplans. Under our stock plans, RSUs and other types of awards may be granted. Under the Alphabet 2021 Stock Plan, an RSU award is an agreement to issue shares of our Class C stock at the time the award vests. RSUs generally vest over four years contingent \nupon employment on the vesting date.\nAs of December 31, 2022, there were 706 million shares of Class C stock reserved for future issuance under the Alphabet 2021 \nStock Plan.\nStock-Based Compensation\nFor the years ended December 31, 2020, 2021, and 2022, total stock-based compensation expense was $13.4 billion, $15.7 billion, and $19.5 billion, including amounts associated with awards we expect to settle in Alphabet stock of $12.8 billion, $15.0 billion, and $18.8 billion, respectively.\nFor the years ended December 31, 2020, 2021, and 2022, we recognized tax benefits on total stock-based compensation expense, \nwhich are reflected in the provision for income taxes in the Consolidated Statements of Income, of $2.7 billion, $3.1 billion, and $3.9 billion, respectively.\nFor the years ended December 31, 2020, 2021, and 2022, tax benefit realized related to awards vested or exercised during the period \nwas $3.6 billion, $5.9 billion, and $4.7 billion, respectively. These amounts do not include the indirect effects of stock-based awards, which primarily relate to the R&D tax credit.\nStock-Based Award Activities\nThe following table summarizes the activities for unvested Alphabet RSUs for the year ended December\u00a031, 2022 (in millions, except per share amounts):\nUnvested\u00a0Restricted\u00a0Stock\u00a0Units\nNumber  \nof SharesWeighted-Average\nGrant-Date Fair Value\nUnvested as of December 31, 2021 338 $ 81.31\nGranted 227 $ 127.22\nVested (213) $ 87.53\nForfeited/canceled (28) $ 97.10\nUnvested as of December 31, 2022 324 $ 107.98\nThe weighted-average grant-date fair value of RSUs granted during the years ended December 31, 2020 and 2021 was $70.40 and $97.46, respectively. Total fair value of RSUs, as of their respective vesting dates, during the years ended December 31, 2020, 2021, \nand 2022, were $17.8 billion, $28.8 billion, and $23.9\u00a0billion, respectively.\nAs of December\u00a031, 2022, there was $32.8 billion of unrecognized compensation cost related to unvested RSUs. This amount is \nexpected to be recognized over a weighted-average period of 2.6 years.", "start_char_idx": 0, "end_char_idx": 2581, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "02f22f7c-6b0c-49b5-b308-6b5eb808fe36": {"__data__": {"id_": "02f22f7c-6b0c-49b5-b308-6b5eb808fe36", "embedding": null, "metadata": {"page_label": "116", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ac3a728a-aab2-4d92-85d5-63bcc77e0c0b", "node_type": null, "metadata": {"page_label": "116", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "e0fb3e35530ab3f1f1978bce3a4899332f46d56e5fcc2aaebdeff15b08ec7acf"}}, "hash": "e0fb3e35530ab3f1f1978bce3a4899332f46d56e5fcc2aaebdeff15b08ec7acf", "text": "78 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nNote 14.  Income T axes\nIncome from continuing operations before income taxes consisted of the following (in millions):\nYear Ended December 31,\n2020 2021 2022\nDomestic operations $ 37,576 $ 77,016 $ 61,307\nForeign operations 10,506 13,718 10,021\nTotal $ 48,082 $ 90,734 $ 71,328\nProvision for income taxes consisted of the following (in millions):\nYear Ended December 31,\n2020 2021 2022\nCurrent:\nFederal and state $ 4,789 $ 10,126 $ 17,120\nForeign 1,687 2,692 2,434\nTotal 6,476 12,818 19,554\nDeferred:\nFederal and state 1,552 2,018 (8,052 )\nForeign (215) (135) (146)\nTotal 1,337 1,883 (8,198 )\nProvision for income taxes $ 7,813 $ 14,701 $ 11,356\nThe reconciliation of federal statutory income tax rate to our effective income tax rate was as follows:\nYear Ended December 31,\n2020 2021 2022\nU.S. federal statutory tax rate 21.0% 21.0% 21.0%\nForeign income taxed at different rates (0.3) 0.2 3.0\nForeign-derived intangible income deduction (3.0) (2.5) (5.4)\nStock-based compensation expense (1.7) (2.5) (1.2)\nFederal research credit (2.3) (1.6) (2.2)\nDeferred tax asset valuation allowance 1.4 0.6 0.9\nState and local income taxes 1.1 1.0 0.8\nOther 0.0 0.0 (1.0)\nEffective tax rate 16.2% 16.2% 15.9%\nIn 2022, there was an increase in the U.S. Foreign Derived Intangible Income tax deduction from the effects of capitalization and \namortization of R&D expenses in 2022 as required by the 2017 Tax Cuts and Jobs Act.", "start_char_idx": 0, "end_char_idx": 1508, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f35d7613-0cd3-43fa-a801-96e434e3ad18": {"__data__": {"id_": "f35d7613-0cd3-43fa-a801-96e434e3ad18", "embedding": null, "metadata": {"page_label": "117", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "742acb83-d097-403e-bd71-babdf1ec7d50", "node_type": null, "metadata": {"page_label": "117", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "0b66616207a1a6553948ea46aa3b28e4708ec6104bf678df8208e3de6b424863"}}, "hash": "0b66616207a1a6553948ea46aa3b28e4708ec6104bf678df8208e3de6b424863", "text": "79 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nDeferred Income Taxes\nDeferred income taxes reflect the net effects of temporary differences between the carrying amounts of assets and liabilities for \nfinancial reporting purposes and the amounts used for income tax purposes. Significant components of our deferred tax assets and \nliabilities were as follows (in millions):\nAs of December 31,\n2021 2022\nDeferred tax assets:\nAccruals and reserves not currently deductible $ 1,816 $ 1,956\nTax credits 5,179 6,002\nNet operating losses 1,790 2,557\nOperating leases 2,503 2,711\nCapitalized research and development(1)1,843 10,381\nOther 1,665 3,244\nTotal deferred tax assets 14,796 26,851\nValuation allowance (7,129 ) (9,553 )\nTotal deferred tax assets net of valuation allowance 7,667 17,298\nDeferred tax liabilities:\nProperty and equipment, net (5,237 ) (6,607 )\nNet investment gains (3,229 ) (2,361 )\nOperating leases (2,228 ) (2,491 )\nOther (946) (1,092 )\nTotal deferred tax liabilities (11,640 ) (12,551 )\nNet deferred tax assets (liabilities) $ (3,973 )$ 4,747\n(1) As r equired by the 2017 Tax Cuts and Jobs Act, effective January 1, 2022, our research and development expenditures were capitalized and amortized \nwhich resulted in substantially higher cash taxes for 2022 with an equal amount of deferred tax benefit.\nAs of December 31, 2022, our federal, state, and foreign net operating loss carryforwards for income tax purposes were approximately \n$6.4 billion, $14.6 billion, and $1.8 billion respectively. If not utilized, the federal net operating loss carryforwards will begin to expire in 2023, foreign net operating loss carryforwards will begin to expire in 2025 and the state net operating loss carryforwards will begin to expire in 2028. It is more likely than not that the majority of the net operating loss carryforwards will not be realized; therefore, we have recorded a valuation allowance against them. The net operating loss carryforwards are subject to various annual limitations under the tax laws of the different jurisdictions.\nAs of December 31, 2022, our Federal and California research and development credit carryforwards for income tax purposes were \napproximately $400 million and $5.8 billion, respectively. If not utilized, the Federal R&D credit will begin to expire in 2037 and the California R&D credit can be carried over indefinitely. We believe the majority of the federal tax credit and state tax credit is not likely to be realized.\nAs of December 31, 2022, our investment tax credit carryforwards for state income tax purposes were approximately $931 million \nand will begin to expire in 2025. We use the flow-through method of accounting for investment tax credits. We believe this tax credit is not likely to be realized.\nAs of December 31, 2022, we maintained a valuation allowance with respect to California deferred tax assets, certain federal net \noperating losses, certain state net operating losses and tax credits, net deferred tax assets relating to certain Other Bets, and certain foreign net operating losses that we believe are not likely to be realized. We continue to reassess the remaining valuation allowance quarterly, and if future evidence allows for a partial or full release of the valuation allowance, a tax benefit will be recorded accordingly.", "start_char_idx": 0, "end_char_idx": 3357, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b0b457a6-55ab-4909-9697-2a33f217691b": {"__data__": {"id_": "b0b457a6-55ab-4909-9697-2a33f217691b", "embedding": null, "metadata": {"page_label": "118", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9f367ee6-4dc0-4307-aaf7-756fadc3cf0d", "node_type": null, "metadata": {"page_label": "118", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "64f57163b507e09d6492455822cc0f1876816af32247953c9836823a3e47e754"}}, "hash": "64f57163b507e09d6492455822cc0f1876816af32247953c9836823a3e47e754", "text": "80 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nUncertain Tax Positions\nThe following table summarizes the activity related to our gross unrecognized tax benefits (in millions):\nYear Ended December 31,\n2020 2021 2022\nBeginning gross unrecognized tax benefits $ 3,377 $ 3,837 $ 5,158\nIncreases related to prior year tax positions 372 529 253\nDecreases related to prior year tax positions (557) (263) (437)\nDecreases related to settlement with tax authorities (45) (329) (140)\nIncreases related to current year tax positions 690 1,384 2,221\nEnding gross unrecognized tax benefits $ 3,837 $ 5,158 $ 7,055\nWe are subject to income taxes in the U.S. and foreign jurisdictions. Significant judgment is required in evaluating our uncertain tax \npositions and determining our provision for income taxes. The total amount of gross unrecognized tax benefits was $3.8 billion, \n$5.2\u00a0billion, and $7.1 billion as of December 31, 2020, 2021, and 2022, respectively, of which $2.6 billion, $3.7 billion, and $5.3 billion, \nif recognized, would affect our effective tax rate, respectively. \nAs of December 31, 2021 and 2022, we accrued $270 million and $346 million in interest and penalties in provision for income taxes, \nrespectively.\nWe file income tax returns in the U.S. federal jurisdiction and in many state and foreign jurisdictions. Our two major tax jurisdictions \nare the U.S. federal and Ireland. We are subject to the continuous examination of our income tax returns by the IRS and other tax authorities. The IRS is currently examining our 2016 through 2018 tax returns. We have also received tax assessments in multiple foreign jurisdictions asserting transfer pricing adjustments or permanent establishment. We continue to defend any and all such claims as presented.\nThe tax years 2015 through 2021 remain subject to examination by the appropriate governmental agencies for Irish tax purposes. \nThere are other ongoing audits in various other jurisdictions that are not material to our financial statements.\nWe regularly assess the likelihood of adverse outcomes resulting from these examinations to determine the adequacy of our provision \nfor income taxes. We continue to monitor the progress of ongoing discussions with tax authorities and the effect, if any, of the expected expiration of the statute of limitations in various taxing jurisdictions.\nWe believe that an adequate provision has been made for any adjustments that may result from tax examinations. However, the \noutcome of tax audits cannot be predicted with certainty. If any issues addressed in our tax audits are resolved in a manner not consistent with management\u2019s expectations, we could be required to adjust our provision for income taxes in the period such resolutions occur. Although the timing of resolution, settlement, and closure of audits is not certain, it is reasonably possible that our unrecognized tax benefits from certain U.S. federal, state, and non U.S. tax positions could decrease by approximately $1.8 billion in the next 12 months. Positions that may be resolved include various U.S. and non-U.S. matters.\tzPART II\n \u2014 ITEM\u00a08.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA", "start_char_idx": 0, "end_char_idx": 3212, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "8dc6b4bc-9945-42a5-9e06-c49496cba716": {"__data__": {"id_": "8dc6b4bc-9945-42a5-9e06-c49496cba716", "embedding": null, "metadata": {"page_label": "119", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "132c5037-ed08-4ec6-b8b3-817cfaf50785", "node_type": null, "metadata": {"page_label": "119", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "5c79cdac546dc89c36db82ff10d0c0ad0c757f7e539f6de898278dea532cdc4a"}}, "hash": "5c79cdac546dc89c36db82ff10d0c0ad0c757f7e539f6de898278dea532cdc4a", "text": "81 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a08\u00a0\u00a0 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA\nNote 15.  Information about Segments and Geogr aphic Areas \nWe report our segment results as Google Services, Google Cloud, and Other Bets:\n\tzGoogle Services includes products and services such as ads, Android, Chrome, hardware, Google Maps, Google Play, Search, and \nYouTube. Google Services generates revenues primarily from advertising; sales of apps and in-app purchases, and hardware; and \nfees received for subscription-based products such as YouTube Premium and YouTube TV.\n\tzGoogle Cloud includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. \nGoogle Cloud generates revenues from fees received for Google Cloud Platform services, Google Workspace communication and collaboration tools, and other enterprise services.\n\tzOther Bets is a combination of multiple operating segments that are not individually material. Revenues from Other Bets are generated primarily from the sale of health technology and internet services. \nRevenues, certain costs, such as costs associated with content and traffic acquisition, certain engineering activities, and hardware, as \nwell as certain operating expenses are directly attributable to our segments. Due to the integrated nature of Alphabet, other costs and \nexpenses, such as technical infrastructure and office facilities, are managed centrally at a consolidated level. The associated costs, including depreciation and impairment, are allocated to operating segments as a service cost generally based on usage or headcount.\nUnallocated corporate costs primarily include corporate initiatives, corporate shared costs, such as finance and legal, including certain \nfines and settlements, as well as costs associated with certain shared R&D activities. Additionally, hedging gains (losses) related to \nrevenue are included in corporate costs. \nAs AI is critical to delivering our mission of bringing our breakthrough innovations into the real world, beginning in January 2023, we \nwill update our segment reporting relating to certain of Alphabet\u2019s AI activities. DeepMind, previously reported within Other Bets, will be reported as part of Alphabet\u2019s corporate costs, reflecting its increasing collaboration with Google Services, Google Cloud, and Other Bets. Prior periods will be recast to conform to the revised presentation.\nOur operating segments are not evaluated using asset information.The following table presents information about our segments (in millions):\nYear Ended December 31,\n2020 2021 2022\nRevenues:\nGoogle Services $ 168,635 $ 237,529 $ 253,528\nGoogle Cloud 13,059 19,206 26,280\nOther Bets 657 753 1,068\nHedging gains (losses) 176 149 1,960\nTotal revenues $ 182,527 $ 257,637 $ 282,836\nOperating income (loss):\nGoogle Services $ 54,606 $ 91,855 $ 86,572\nGoogle Cloud (5,607 ) (3,099 ) (2,968 )\nOther Bets (4,476 ) (5,281 ) (6,083 )\nCorporate costs, unallocated (3,299 ) (4,761 ) (2,679 )\nTotal income from operations $ 41,224 $ 78,714 $ 74,842", "start_char_idx": 0, "end_char_idx": 3062, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "aa8c9d9f-3aa7-4781-a4e8-2c1b1f2d67af": {"__data__": {"id_": "aa8c9d9f-3aa7-4781-a4e8-2c1b1f2d67af", "embedding": null, "metadata": {"page_label": "120", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d91eb3b7-d193-4294-ab0c-602748c38566", "node_type": null, "metadata": {"page_label": "120", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "4e8b42292cd002d31f87d6266bf09c15520f49976086c8eae62f329ec637e714"}}, "hash": "4e8b42292cd002d31f87d6266bf09c15520f49976086c8eae62f329ec637e714", "text": "82 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a09\u00a0\u00a0 CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE\nFor revenues by geography see Note 2.\nThe following table presents long-lived assets by geographic area, which includes property and equipment, net and operating lease \nassets (in millions):\nAs of December 31,\n2021 2022\nLong-lived assets:\nUnited States $ 80,207 $ 93,565\nInternational 30,351 33,484\nTotal long-lived assets $ 110,558 $ 127,049\nNote 16.  Subsequent E vent\nIn January 2023, we announced a reduction of our workforce of approximately 12,000 roles. We expect to incur employee severance \nand related charges of $1.9 billion to $2.3 billion, the majority of which will be recognized in the first quarter of 2023.\nIn addition, we are taking actions to optimize our global office space. As a result we expect to incur exit costs relating to office space \nreductions of approximately $0.5 billion in the first quarter of 2023. We may incur additional charges in the future as we further \nevaluate our real estate needs.\n \u2014 ITEM\u00a09.  CH ANGES IN AND DISAGREEMENTS WITH \nACCOUNTANTS ON ACCOUNTING AND FINANCIAL \nDISCLOSURE\nNone.", "start_char_idx": 0, "end_char_idx": 1169, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ef79d5f1-660e-4089-9ca9-239fb08d739c": {"__data__": {"id_": "ef79d5f1-660e-4089-9ca9-239fb08d739c", "embedding": null, "metadata": {"page_label": "121", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3e9eb067-a29c-4e96-a9bf-37f437a472b1", "node_type": null, "metadata": {"page_label": "121", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "f80896f92a1cc16c89111bb8d0e8cf89a8b4663074526f8b8f5fb07c4bf46c69"}}, "hash": "f80896f92a1cc16c89111bb8d0e8cf89a8b4663074526f8b8f5fb07c4bf46c69", "text": "83 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART II\nITEM\u00a09C\u00a0\u00a0 DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS\n \u2014 ITEM\u00a09A.  CON TROLS AND PROCEDURES\nEvaluation of Disclosure Controls and Procedures\nOur management, with the participation of our chief executive officer and chief financial officer, evaluated the effectiveness of our \ndisclosure controls and procedures pursuant to Rule 13a-15 under the Exchange Act, as of the end of the period covered by this \nAnnual Report on Form 10-K.\nBased on this evaluation, our chief executive officer and chief financial officer concluded that, as of December 31, 2022, our \ndisclosure controls and procedures are designed at a reasonable assurance level and are effective to provide reasonable assurance that information we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, \nsummarized, and reported within the time periods specified in the SEC\u2019s rules and forms, and that such information is accumulated \nand communicated to our management, including our chief executive officer and chief financial officer, as appropriate, to allow timely \ndecisions regarding required disclosure.\nChanges in Internal Control over Financial Reporting\nThere have been no changes in our internal control over financial reporting that occurred during the quarter ended December 31, \n2022 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.\nManagement\u2019s Report on Internal Control over Financial Reporting\nOur management is responsible for establishing and maintaining adequate internal control over financial reporting, as defined in Rule 13a-15(f) of the Exchange Act. Our management conducted an evaluation of the effectiveness of our internal control over financial reporting based on the framework in Internal Control\u2014Integrated Framework  issued by the Committee of Sponsoring Organizations \nof the Treadway Commission (2013 framework). Based on this evaluation, management concluded that our internal control over financial reporting was effective as of December 31, 2022. Management reviewed the results of its assessment with our Audit and Compliance Committee. The effectiveness of our internal control over financial reporting as of December 31, 2022 has been audited by Ernst & Young LLP , an independent registered public accounting firm, as stated in its report which is included in Item 8 of this Annual Report on Form 10-K.\nLimitations on Effectiveness of Controls and Procedures\nIn designing and evaluating the disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives. In addition, the design of disclosure controls and procedures must reflect the fact that there are resource constraints and that management is required to apply its judgment in evaluating the benefits of possible controls and procedures relative to their costs.\n \u2014 ITEM\u00a09B.  OTHER INFORMATION\nAs previously disclosed, Google LLC, a subsidiary of Alphabet, filed notifications with the Russian Federal Security Service as required pursuant to Russian encryption product import controls for the purpose of enabling the import of certain software in Russia. The information provided pursuant to Section 13(r) of the Exchange Act in Part II, Item 5 of our Quarterly Report on Form 10-Q for the quarter ended September 30, 2022 is incorporated herein by reference.\n \u2014 ITEM\u00a09C.  DISCL OSURE REGARDING FOREIGN JURISDICTIONS \nTHAT PREVENT INSPECTIONS\nNot applicable.", "start_char_idx": 0, "end_char_idx": 3665, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7a384cb7-5e1d-4568-bc83-bf2149619c97": {"__data__": {"id_": "7a384cb7-5e1d-4568-bc83-bf2149619c97", "embedding": null, "metadata": {"page_label": "122", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e5a77205-126b-4dcd-831f-f1d3738082d5", "node_type": null, "metadata": {"page_label": "122", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "584f946577d3c5cc050fc56274576b33ef2392dc7e71cea725842b1e25a2af8b"}}, "hash": "584f946577d3c5cc050fc56274576b33ef2392dc7e71cea725842b1e25a2af8b", "text": "84 ALPHABET INC.  \u25cf ANNUAL REPORT\n\tzPART III\n \u2014 ITEM\u00a010.  DIREC TORS, EXECUTIVE OFFICERS, \nAND CORPORATE GOVERNANCE\nThe information required by this item will be included under the caption \u201cDirectors, Executive Officers, and Corporate Governance\u201d in \nour Proxy Statement for the 2023 Annual Meeting of Stockholders to be filed with the SEC within 120 days of the fiscal year ended \nDecember 31, 2022 (2023 Proxy Statement) and is incorporated herein by reference. The information required by this item regarding \ndelinquent filers pursuant to Item 405 of Regulation S-K will be included under the caption \u201cDelinquent Section 16(a) Reports\u201d in the 2023 Proxy Statement and is incorporated herein by reference.\n \u2014 ITEM\u00a011.  EXECUT IVE COMPENSATION\nThe information required by this item will be included under the captions \u201cDirector Compensation,\u201d \u201cExecutive Compensation\u201d and \u201cDirectors, Executive Officers, and Corporate Governance\u2014Corporate Governance and Board Matters\u2014Compensation Committee Interlocks and Insider Participation\u201d in the 2023 Proxy Statement and is incorporated herein by reference.\n \u2014 ITEM\u00a012.  SECURI TY OWNERSHIP OF CERTAIN BENEFICIAL \nOWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS\nThe information required by this item will be included under the captions \u201cCommon Stock Ownership of Certain Beneficial Owners and Management\u201d and \u201cEquity Compensation Plan Information\u201d in the 2023 Proxy Statement and is incorporated herein by reference.\n \u2014 ITEM\u00a013.  CER TAIN RELATIONSHIPS AND RELATED \nTRANSACTIONS, AND DIRECTOR INDEPENDENCE\nThe information required by this item will be included under the captions \u201cCertain Relationships and Related Transactions\u201d and \u201cDirectors, Executive Officers, and Corporate Governance\u2014Corporate Governance and Board Matters\u2014Director Independence\u201d in the 2023 Proxy Statement and is incorporated herein by reference.\n \u2014 ITEM\u00a014.  PRINCIP AL ACCOUNTANT FEES AND SERVICES\nThe information required by this item will be included under the caption \u201cIndependent Registered Public Accounting Firm\u201d in the 2023 \nProxy Statement and is incorporated herein by reference.", "start_char_idx": 0, "end_char_idx": 2112, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7a9cae3d-57f5-4414-9f60-39329893d1b8": {"__data__": {"id_": "7a9cae3d-57f5-4414-9f60-39329893d1b8", "embedding": null, "metadata": {"page_label": "123", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "81bb3cb8-2831-4dd5-8cdd-93d2ea347ef4", "node_type": null, "metadata": {"page_label": "123", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "61f8d1aa57be287b09def5b480b6a3343ec6114275b0caa20911623a1b9f846a"}}, "hash": "61f8d1aa57be287b09def5b480b6a3343ec6114275b0caa20911623a1b9f846a", "text": "85 ALPHABET INC.  \u25cf ANNUAL REPORT\n\tzPART IV\n \u2014 ITEM 15.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES\nWe have filed the following documents as part of this Annual Report on Form 10-K:\n1. Consolidated Financial Statements\nREPORTS OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM  43\nFINANCIAL STATEMENTS:  \nCONSOLIDATED BALANCE SHEETS  44\nCONSOLIDATED STATEMENTS OF INCOME  45\nCONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME  46\nCONSOLIDATED STATEMENTS OF STOCKHOLDERS\u2019 EQUITY  47\nCONSOLIDATED STATEMENTS OF CASH FLOWS  48\nNOTES TO CONSOLIDATED FINANCIAL STATEMENTS  49\n2. Financial Statement Schedules\nSchedule II: Valuation and Qualifying Accounts\nThe table below details the activity of the allowance for credit losses and sales credits for the years ended December 31, 2020, 2021, \nand 2022\u00a0(in millions):\nBalance at  \nBeginning of Year Additions UsageBalance at  \nEnd of Year\nYear ended December 31, 2020 $ 753 $ 2,013 $ (1,422 )$ 1,344\nYear ended December 31, 2021 $ 1,344 $ 2,092 $ (2,047 )$ 1,389\nYear ended December 31, 2022 $ 1,389 $ 2,125 $ (2,301 )$ 1,213\nNote:  Additions t o the allowance for credit losses are charged to expense. Additions to the allowance for sales credits are charged \nagainst revenues.\nAll other schedules have been omitted because they are not required, not applicable, or the required information is otherwise included.", "start_char_idx": 0, "end_char_idx": 1350, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f2d35fda-17de-4cdc-a974-0a8bc183789b": {"__data__": {"id_": "f2d35fda-17de-4cdc-a974-0a8bc183789b", "embedding": null, "metadata": {"page_label": "124", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "729b976d-19f1-4766-8dea-a07e9a660920", "node_type": null, "metadata": {"page_label": "124", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "7822cdfb4943fc47e7c9c3dea62db517a62ea6325b4e9df767bf8a51d86b7230"}}, "hash": "7822cdfb4943fc47e7c9c3dea62db517a62ea6325b4e9df767bf8a51d86b7230", "text": "86 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART IV\nItem 15\u00a0\u00a0 EXHIBITS, FINANCIAL STATEMENT SCHEDULES\n3. Exhibits\nExhibit\nNumber DescriptionIncorporated by reference herein\nForm Date\n2.01 Agreement and Plan of Merger, dated October 2, 2015, by and among Google Inc., the Registrant and Maple Technologies Inc.Current Report on Form 8-K  \n(File No. 001-37580) October 2, 2015\n3.01 Amended and Restated Certificate of Incorporation of the RegistrantCurrent Report on Form 8-K  \n(File No. 001-37580) June 3, 2022\n3.02 Amended and Restated Bylaws of the Registrant, dated October 19, 2022Current Report on Form 8-K (File\u00a0No.\u00a0001-37580)October 25, 2022\n4.01 Specimen Class A Common Stock certificate Current Report on Form 8-K  \n(File No. 001-37580)October 2, 2015\n4.02 Specimen Class C Capital Stock certificate Current Report on Form 8-K  \n(File No. 001-37580)October 2, 2015\n4.03 Alphabet Inc. Deferred Compensation Plan Current Report on Form 8-K  \n(File No. 001-37580)October 2, 2015\n4.04 Transfer Restriction Agreement, dated October 2, 2015, between the Registrant and Larry Page and certain of his affiliates Current Report on Form 8-K  \n(File No. 001-37580)October 2, 2015\n4.05 Transfer Restriction Agreement, dated October 2, 2015, between the Registrant and Sergey Brin and certain of his affiliates Current Report on Form 8-K  \n(File No. 001-37580)October 2, 2015\n4.06 Joinder Agreement, dated December 31, 2021, among the Registrant, Sergey Brin and certain of his affiliates  Annual Report on Form 10-K  \n(File No. 001-37580)February 2, 2022\n4.07 Transfer Restriction Agreement, dated October 2, 2015, between the Registrant and Eric E. Schmidt and certain of its affiliatesCurrent Report on Form 8-K  \n(File No. 001-37580)October 2, 2015\n4.08 Class C Undertaking, dated October 2, 2015, executed by the RegistrantCurrent Report on Form 8-K  \n(File No. 001-37580)October 2, 2015\n4.09 Indenture, dated February 12, 2016, between the Registrant and The Bank of New York Mellon Trust Company, N.A., as TrusteeRegistration Statement on Form S-3 (File No. 333-209510)February 12, 2016\n4.10 Registrant Registration Rights Agreement dated December\u00a014, 2015Registration Statement on Form S-3 (File No. 333-209518)February 12, 2016\n4.11 First Supplemental Indenture, dated April 27, 2016, between the Registrant and The Bank of New York Mellon Trust Company, N.A., as trusteeCurrent Report on Form 8-K  \n(File\u00a0No.\u00a0001-37580)April 27, 2016\n4.12 Form of the Registrant\u2019s 3.375% Notes due 2024  \n(included in Exhibit 4.11)\n4.13 Form of the Registrant\u2019s 1.998% Note due 2026 Current Report on Form 8-K  \n(File No. 001-37580)August 9, 2016\n4.14 Form of Global Note representing the Registrant\u2019s 0.450% notes due 2025Current Report on Form 8-K  \n(File No. 001-37580)August 5, 2020\n4.15 Form of Global Note representing the Registrant\u2019s 0.800% notes due 2027Current Report on Form 8-K  \n(File No. 001-37580)August 5, 2020\n4.16 Form of Global Note representing the Registrant\u2019s 1.100% notes due 2030\nCurrent Report on Form 8-K  \n(File No. 001-37580)August 5, 2020\n4.17 Form of Global Note representing the Registrant\u2019s 1.900% notes due 2040Current Report on Form 8-K  \n(File No. 001-37580)August 5, 2020", "start_char_idx": 0, "end_char_idx": 3185, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5a34deb9-4b6a-4fc2-9945-e05070e9be8b": {"__data__": {"id_": "5a34deb9-4b6a-4fc2-9945-e05070e9be8b", "embedding": null, "metadata": {"page_label": "125", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "29f5a88b-e131-4d9f-903b-2903f88744f9", "node_type": null, "metadata": {"page_label": "125", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "ed57b6e2c41b8a80ca952491d3b543e6f6b6b8a13d1a4d33083c5776ec3572a1"}, "3": {"node_id": "666ef753-185f-4b8c-b1ee-7013a4c6e038", "node_type": null, "metadata": {"page_label": "125", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "65996d98db7ac6a51e7ca92c2dafc9e1f6b34feff4ab9c0e912d58aa59746c12"}}, "hash": "c68bba517e7f30f687757b1214552619cf048a3e3ac91dc0062eadf5836b4ac3", "text": "87 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART IV\nItem 15\u00a0\u00a0 EXHIBITS, FINANCIAL STATEMENT SCHEDULES\nExhibit\nNumber DescriptionIncorporated by reference herein\nForm Date\n4.18 Form of Global Note representing the Registrant\u2019s 2.050% notes due 2050Current Report on Form 8-K  \n(File No. 001-37580)August 5, 2020\n4.19 Form of Global Note representing the Registrant\u2019s 2.250% notes due 2060Current Report on Form 8-K  \n(File No. 001-37580)August 5, 2020\n4.20 * Description of Registrant\u2019s Securities\n10.01\nu Form of Indemnification Agreement entered into between the Registrant, its affiliates and its directors and officers Current Report on Form 8-K  \n(File No. 001-37580)October 2, 2015\n10.02\nu Letter Agreement dated July 11, 2022, between R. Martin Ch\u00e1vez and Alphabet Inc.Current Report on Form 8-K  \n(File No. 001-37580)July 14, 2022\n10.03\nu Compensation Plan Agreement, dated October 2, 2015, between Google Inc. and the RegistrantCurrent Report on Form 8-K  \n(File No. 001-37580)October 2, 2015\n10.04\nu Director Arrangements Agreement, dated October 2, 2015, between Google Inc. and the RegistrantCurrent Report on Form 8-K  \n(File No. 001-37580)October 2, 2015\n10.05\nu Alphabet Inc. Deferred Compensation Plan Current Report on Form 8-K  \n(File No. 001-37580)October 2, 2015\n10.06 u Google Inc. 2004 Stock Plan, as amended Current Report on Form 8-K  \n(File No. 000-50726)June 7, 2011\n10.06.1 u Google Inc. 2004 Stock Plan - Form of Google Restricted Stock Unit AgreementAnnual Report on Form 10-K  \n(File No. 000-50726)March 30, 2005\n10.07\nu Alphabet Inc. Amended and Restated 2012 Stock Plan Current Report on Form 8-K  \n(File No. 001-37580)June 5, 2020\n10.07.1 u Alphabet Inc. Amended and Restated 2012 Stock Plan - Form of Alphabet Restricted Stock Unit AgreementAnnual Report on Form 10-K  \n(File No. 001-37580)February 4, 2020\n10.08\nu Alphabet Inc. Amended and Restated 2021 Stock Plan Current Report on Form 8-K  \n(file No. 001-37580)June 3, 2022\n10.08.1 u Alphabet Inc. Amended and Restated 2021 Stock Plan - \nForm of Alphabet Restricted Stock Unit AgreementQuarterly Report on Form 10-Q  \n(file No. 001-37580)July 28, 2021\n10.08.2 u Alphabet Inc. Amended and Restated 2021 Stock Plan - \nForm of Alphabet 2022 Non-CEO Performance Stock Unit AgreementAnnual Report on Form 10-K  \n(File No. 001-37580)February 4, 2020\n10.08.3\nu*Alphabet Inc. Amended and Restated 2021 Stock Plan\u00a0- Form of Alphabet 2022 CEO Performance Stock Unit Agreement\n10.09\nu*Alphabet Inc. Company Bonus Plan, as amended\n21.01 * Subsidiaries of the Registrant\n23.01 * Consent of Independent Registered Public Accounting Firm\n24.01 * Power of Attorney (incorporated by reference to the signature page of this Annual Report on Form 10-K)\n31.01 * Certification of Chief Executive Officer pursuant to \nExchange Act Rules 13a-14(a) and 15d-14(a), as adopted \npursuant to Section 302 of the Sarbanes-Oxley Act of 2002\n31.02 * Certification of Chief Financial Officer pursuant to Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002\n32.01 \u2021 Certifications of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as", "start_char_idx": 0, "end_char_idx": 3177, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "666ef753-185f-4b8c-b1ee-7013a4c6e038": {"__data__": {"id_": "666ef753-185f-4b8c-b1ee-7013a4c6e038", "embedding": null, "metadata": {"page_label": "125", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "29f5a88b-e131-4d9f-903b-2903f88744f9", "node_type": null, "metadata": {"page_label": "125", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "ed57b6e2c41b8a80ca952491d3b543e6f6b6b8a13d1a4d33083c5776ec3572a1"}, "2": {"node_id": "5a34deb9-4b6a-4fc2-9945-e05070e9be8b", "node_type": null, "metadata": {"page_label": "125", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "c68bba517e7f30f687757b1214552619cf048a3e3ac91dc0062eadf5836b4ac3"}}, "hash": "65996d98db7ac6a51e7ca92c2dafc9e1f6b34feff4ab9c0e912d58aa59746c12", "text": "Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002", "start_char_idx": 3121, "end_char_idx": 3243, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b4cbd73d-c13f-4fd3-bc21-96392ff3f717": {"__data__": {"id_": "b4cbd73d-c13f-4fd3-bc21-96392ff3f717", "embedding": null, "metadata": {"page_label": "126", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "95a80495-0cdc-4f12-af87-507d66f26dc4", "node_type": null, "metadata": {"page_label": "126", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "3bfb34bd1a58cf93a50b12d1353d728b367a308e2d444cd1be04c08e07fbaaf2"}}, "hash": "3bfb34bd1a58cf93a50b12d1353d728b367a308e2d444cd1be04c08e07fbaaf2", "text": "88 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART IV\nITEM\u00a016\u00a0\u00a0 FORM 10-K SUMMARY\nExhibit\nNumber DescriptionIncorporated by reference herein\nForm Date\n101.INS * Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document\n101.SCH * Inline XBRL Taxonomy Extension Schema Document\n101.CAL * Inline XBRL Taxonomy Extension Calculation Linkbase Document\n101.DEF * Inline XBRL Taxonomy Extension Definition Linkbase Document\n101.LAB * Inline XBRL Taxonomy Extension Label Linkbase Document\n101.PRE * Inline XBRL Taxonomy Extension Presentation Linkbase Document\n104 Cover Page Interactive Data File (embedded within the Inline XBRL document and contained in Exhibit 101)\nu\tIndicates management compensatory plan, contract, or arrangement.\n*\tFiled herewith.\n\u2021\tFurnished herewith.\n \u2014 ITEM\u00a016.  FORM 10-K SUMM ARY\nNone.", "start_char_idx": 0, "end_char_idx": 904, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "84d0eef4-3182-4522-840e-5fcf90afd924": {"__data__": {"id_": "84d0eef4-3182-4522-840e-5fcf90afd924", "embedding": null, "metadata": {"page_label": "127", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c3ba7d44-3e85-47d3-b206-eb9d8977432e", "node_type": null, "metadata": {"page_label": "127", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "632470357deb136670f4f6e458df24f223e898e928ec3605deb85bd86dddfaa5"}}, "hash": "632470357deb136670f4f6e458df24f223e898e928ec3605deb85bd86dddfaa5", "text": "89 ALPHABET INC.  \u25cf ANNUAL REPORT\nPART IV\nPOWER OF ATTORNEY\n \u2014SIGNATURES\nPursuant to the requirements of Section\u00a013 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this \nAnnual Report on Form 10-K to be signed on its behalf by the undersigned, thereunto duly authorized.\nDate: February\u00a02, 2023 \nALPHABET INC.\nBy: /S/\u00a0SUNDAR PICHAI\nSundar Pichai\nChief Executive Officer \n(Principal Executive Officer \nof the Registrant)\n \u2014POWER OF ATTORNEY\nKNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Sundar \nPichai and Ruth M. Porat, jointly and severally, his or her attorney-in-fact, with the power of substitution, for him or her in any and all capacities, to sign any amendments to this Annual Report on Form 10-K and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his or her substitute or substitutes, may do or cause to be done by virtue hereof.\nPursuant to the requirements of the Securities Exchange Act of 1934, this Annual Report on Form 10-K has been signed below by \nthe following persons on behalf of the Registrant and in the capacities and on the dates indicated.\nSignature Title Date\n/S/ SUNDAR  PICHAIChief Executive Officer and Director (Principal Executive Officer) February 2, 2023Sundar Pichai\n/S/ RUTH M. P ORATSenior Vice President and Chief Financial Officer (Principal Financial Officer) February 2, 2023\nRuth M. Porat\n/S/ AMIE THUENER  O\u2019T OOLEVice President and Chief Accounting Officer (Principal Accounting Officer) February 2, 2023\nAmie Thuener O\u2019Toole\n/S/ FRANCES H. A RNOLDDirector February 2, 2023\nFrances H. Arnold\n/S/ SERGEY  BRIN Co-Founder and Director February 2, 2023\nSergey Brin\n/S/ R. M ARTIN  CHAVEZDirector February 2, 2023\nR. Martin Ch\u00e1vez\n/S/ L. J OHN DOERR \nDirector February 2, 2023\nL. John Doerr\n/S/ ROGER  W. F ERGUSON JR.Director February 2, 2023\nRoger W. Ferguson Jr.\n/S/ JOHN L. H ENNESSYDirector, Chair February 2, 2023\nJohn L. Hennessy\n/S/  A NN MATHER  Director February 2, 2023\nAnn Mather\n/S/ LARRY  PAGE Co-Founder and Director February 2, 2023\nLarry Page\n/S/ K. R AM SHRIRAMDirector February 2, 2023\nK. Ram Shriram\n/S/ ROBIN L. W ASHINGTONDirector February 2, 2023\nRobin L. Washington", "start_char_idx": 0, "end_char_idx": 2380, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "27f09784-4970-4428-8743-fd5cc473e101": {"__data__": {"id_": "27f09784-4970-4428-8743-fd5cc473e101", "embedding": null, "metadata": {"page_label": "128", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9dc47b0f-bd60-4f33-a580-e4f32b5056eb", "node_type": null, "metadata": {"page_label": "128", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "930c0836189840dabb2ec407bbd49d775ceafb1ba887304f6ce8c372321494a6"}}, "hash": "930c0836189840dabb2ec407bbd49d775ceafb1ba887304f6ce8c372321494a6", "text": "This page intentionally left blank", "start_char_idx": 0, "end_char_idx": 34, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5ea669b0-0679-43a6-a25f-35cb0ae714c3": {"__data__": {"id_": "5ea669b0-0679-43a6-a25f-35cb0ae714c3", "embedding": null, "metadata": {"page_label": "129", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9c0faee7-cad8-4322-be0f-2ce7f872d989", "node_type": null, "metadata": {"page_label": "129", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "30c99385fc7799c5b2c77b36534eb642b903331eac4acecbd2e7c4f82c1e4b37"}}, "hash": "30c99385fc7799c5b2c77b36534eb642b903331eac4acecbd2e7c4f82c1e4b37", "text": "This page intentionally left blank", "start_char_idx": 0, "end_char_idx": 34, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0df272da-1e0c-454c-bacf-a6fa790aec77": {"__data__": {"id_": "0df272da-1e0c-454c-bacf-a6fa790aec77", "embedding": null, "metadata": {"page_label": "131", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c650a1a1-e732-4953-b6b5-a9bc952fd89a", "node_type": null, "metadata": {"page_label": "131", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "68312939c307591ea9f25743d5c4da0b6bcb97ad8e2a6d5c5622a6b30bc70e64"}}, "hash": "68312939c307591ea9f25743d5c4da0b6bcb97ad8e2a6d5c5622a6b30bc70e64", "text": "Directors\nLarry Page\nCo-Founder\nSergey Brin\nCo-Founder\nSundar Pichai\nChief Executive OfficerAlphabet and Google \nJohn L. Hennessy\nChair of the Board of DirectorsFormer PresidentStanford University\nFrances H. Arnold\nLinus Pauling Professor of  Chemical Engineering,  \nBioengineering and BiochemistryCalifornia Institute of Technology\nR. Martin \u201cMarty\u201d Ch\u00e1vez\nPartner and Vice ChairmanSixth Street Partners\nL. John Doerr\nGeneral Partner and ChairKleiner Perkins\nRoger W. Ferguson Jr.\nFormer President and  Chief Executive OfficerTIAA \nAnn Mather\nFormer Executive Vice President and  Chief Financial OfficerPixar\nK. Ram Shriram\nManaging PartnerSherpalo Ventures\nRobin L. Washington\nFormer Executive Vice President and  Chief Financial OfficerGilead SciencesDirectors and executive \nofficers as of January 2023\nStockholder information\nFor further information about  \nAlphabet Inc., contact:\nInvestor Relations\nAlphabet Inc.1600 Amphitheatre ParkwayMountain View, CA 94043investor-relations@abc.xyz\nYou may also reach us by visiting the \ninvestor relations portion of our website at:abc.xyz/investor/\nAlphabet\u2019s stock (GOOG, GOOGL) trades \non the NASDAQ Global Select Market\nTransfer Agent and Registrar\nFirst Class/Registered/Certified Mail: Computershare Investor ServicesP.O. BOX 43006Providence, RI 02940-3006\nCourier Services:\nComputershare Investor Services150 Royall Street, Suite 101Canton, MA 02021\nShareholder Services Numbers: \n(866) 298-8535 (toll-free within the USA,  U.S. territories, and Canada) or  \n(781) 575-2879\nInvestor Centre\u2122 Portal: \ncomputershare.com/investor\nIndependent Registered  \nPublic Accounting FirmErnst & Young LLPExecutive officers\nSundar Pichai\nChief Executive Officer  \nAlphabet and Google\nRuth M. Porat \nSenior Vice PresidentChief Financial OfficerAlphabet and Google\nPrabhakar Raghavan \nSenior Vice PresidentKnowledge and Information  \nGoogle\nPhilipp Schindler \nSenior Vice PresidentChief Business Officer  \nGoogle\nKent Walker\nPresident, Global AffairsChief Legal Officer and SecretaryAlphabet and Google", "start_char_idx": 0, "end_char_idx": 2039, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d4c7a28b-c1ac-4209-b7ae-b9ef9b44cb51": {"__data__": {"id_": "d4c7a28b-c1ac-4209-b7ae-b9ef9b44cb51", "embedding": null, "metadata": {"page_label": "132", "file_name": "2022-alphabet-annual-report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "846d9650-0bfd-4192-be4d-c2c6ebee8eed", "node_type": null, "metadata": {"page_label": "132", "file_name": "2022-alphabet-annual-report.pdf"}, "hash": "7392b7a870a8c6899375ee2f5c24525d55ee5332fd5667546fb5463be86c6902"}}, "hash": "7392b7a870a8c6899375ee2f5c24525d55ee5332fd5667546fb5463be86c6902", "text": "Alphabet 2022 Annual Report", "start_char_idx": 0, "end_char_idx": 27, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1ede1021-0c33-4b93-9a32-2b2182fc3939": {"__data__": {"id_": "1ede1021-0c33-4b93-9a32-2b2182fc3939", "embedding": null, "metadata": {"page_label": "1", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "77e0653d-b007-4532-bf65-4e158021ba93", "node_type": null, "metadata": {"page_label": "1", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "d183973a0c7bb194d61f7425c5a87f52a0a96297457ebfb167cf72a7dcf9b6e3"}}, "hash": "6d7f40928251d757ab44e9fae2c2a04c58ce34fe61e52a96e0e653b9ba4eead5", "text": "SANDHAR \nRef: STL/SF/2022-2023/AGM Notice & Annual Report/37 \nDated: 24th August, 2022 Growth. Motivation. Better Life \nTo, To, \nListing Department, Department of Corporate Services, \nBSE Limited \nPhiroze Jeejeebhoy Towers, Dalal Street, \nMumbai -400 001 National Stock Exchange of India Limited \nC-1, G-Block, Bandra-Kurla Complex,\nBandra, (E), Mumbai -400 051\nBSE Code: 541163; NSE: SANDHAR \nSub: Notice of the JOll1 Annual General Meeting along with the Annual Report for the Financial Year \n2021-2022. \nDear Sir/Ma'am, \nWith reference to the captioned subject, we are submitting herewith the Notice of Annual General \nMeeting(\" AGM\") along with the Annual Report for the Financial Year 2021-2022, which is being sent to \nthe shareholders by Electronic Mode. \nThe 30th Annual General Meeting of the Company will be held on Thursday, the 22nd September, 2022 at \n11:30 AM. (1ST) through Video Conferencing/Other Audio Visual means. \nThe Schedule of events relating to the AGM is set out below: \nEvents Day and Date Time (1ST) \nRelevant Date/Record Date/Cut- Thursday, 15th September, 2022 NA \noff date to vote on AGM Resolution \nBook Closure Date for AGM and Friday, 16th September, 2022 to NA \nFinal Dividend Thursday, 22nd September, 2022 \n(both days inclusive) \nRemote e-voting Start date and time Monday, 19th September, 2022 09:00A.M. \nRemote e-voting End date and time Wednesday, 21st September, 2022 05:00 P.M. \nAGM date and time Thursday, 22nd September, 2022 11:30AM. \nThe Annual Report containing the notice is also uploaded on the Company's website viz. \nhttl-'s: / _I sc1 m!11argroup.co111 / it1\\ es tors/ c1 1rnuc1 l-n\u00b7ports.\nKindly take the same on record. \nThanking you, \nYours faithfully, \nFo SANDHA TECHNOLOGIES LIMITED \nCompany Secretary & \nCompliance Officer \nEncl.: As above \nSandhar Technologies Limited \nCorporate Office: 13, Sector-44, Gurugram-122002, Haryana, India. Ph:+91-124-4518900 \nRegistered Office: B-6/20, Local Shopping Complex, Safdarjung Enclave, New Delhi-110029 India Ph:+91-11-4051 1800 \nEmail \u2022 enquiries@sandhar.in; website \u2022 www.sandhargroup.com; CIN . L7 4999DL 1987PLC029553", "start_char_idx": 0, "end_char_idx": 2120, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6c181260-bf40-4d8a-9110-0bfdb9570779": {"__data__": {"id_": "6c181260-bf40-4d8a-9110-0bfdb9570779", "embedding": null, "metadata": {"page_label": "2", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "277831ac-52e4-427b-b981-e0527507f6f0", "node_type": null, "metadata": {"page_label": "2", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2670bb28fbc617391f47feb6d27ecc3d26cc949f7a8ed4ca222f0510d3cd5284"}}, "hash": "800766727bc456783d9e0276864b20b5049bf8934007caaa3350300811215fe0", "text": "SANDHAR TECHNOL OGIES LIMITED\nANNU AL REPORT  2021-22Empowering growth. \nFostering sustainability.", "start_char_idx": 0, "end_char_idx": 98, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5fa2fe4d-b37b-4f3c-affb-9f9779269603": {"__data__": {"id_": "5fa2fe4d-b37b-4f3c-affb-9f9779269603", "embedding": null, "metadata": {"page_label": "3", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2364aefa-da4d-4241-a3e2-874ca913aa01", "node_type": null, "metadata": {"page_label": "3", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c92b3dcc1da179a763b4afcbb2df8690ccec69d42e0bcb6d19e6ad57d19b0347"}}, "hash": "046572876ae60bb1f730d27938a69b907478da1b6241be4e7dc6656337190ecb", "text": "RISING \nWITH \nRESILIENCE. \nAs the world gets back to normal, post-pandemic, the \nneed for a sustainable future has strengthened further. \nEfforts to create safer generations remain to be the key \nfocus when it comes to growing together. We at Sandhar, \nhave always been on the forefront when it comes to \ncreating a sustainable future, while walking hand in hand \nwith progress. \nWe\u2019ve progressed through times, and have been doing it \nphenomenally year on year. Here\u2019s another snapshot of \nour sustainable growth that\u2019s sure to foster a brighter \nfuture ahead.", "start_char_idx": 0, "end_char_idx": 561, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "dbb43c15-a292-4aca-86ca-98f2d7512bf6": {"__data__": {"id_": "dbb43c15-a292-4aca-86ca-98f2d7512bf6", "embedding": null, "metadata": {"page_label": "4", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d55627cc-e8b0-4c3a-aa3f-fe2528a7440c", "node_type": null, "metadata": {"page_label": "4", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "fa9c67392a56b9bc870e4d6b63c38c5ec05f0d3b2d770205fab818b31810f673"}}, "hash": "fa9c67392a56b9bc870e4d6b63c38c5ec05f0d3b2d770205fab818b31810f673", "text": "CONTENTSCorporate Overview\nAbout Sandhar 04\nOur Presence 08\nOur Patrons 10\nMessage to Shareholders 11\nManaging Business Growth 14\nProfile of Board of Directors 16\nCorporate Social Responsibility 18\nCorporate Information 20\nStatutory Reports\nDirector\u2019s Report 21\nReport on Corporate Governance 44\nBusiness Responsibility Statement 70\nManagement Discussion & Analysis 75\nIndependent Auditor's Report 80\nFinancial Statements\nStandalone Financial Statements 89\nIndependent Auditor's Report 155\nConsolidated Financial Statements 162Pg.04-20\nPg.21-88\nPg.89-242", "start_char_idx": 0, "end_char_idx": 554, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "175889d5-56d9-4ce8-bde9-02752dc22f2f": {"__data__": {"id_": "175889d5-56d9-4ce8-bde9-02752dc22f2f", "embedding": null, "metadata": {"page_label": "5", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "777d1990-d1b4-4953-a86b-ab37e51bae12", "node_type": null, "metadata": {"page_label": "5", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "dd7c2b657c2052fa674075bd8a0d66173959c3710dee39f8a0a027a156ba0e9e"}}, "hash": "dd7c2b657c2052fa674075bd8a0d66173959c3710dee39f8a0a027a156ba0e9e", "text": "Sandhar Technologies Limited04\nCHANGING THE WAY\nTHE WORLD MOVES\nA leading automotive supplier, Sandhar Technologies Limited \noffers a diverse range of superior quality innovative products \nacross the world. \nWith an expertise of over three decades now, we are a renowned \nglobal automotive manufacturer. Our diverse product portfolios \nencompasses various categories of products including safety and \nsecurity systems such as lock assemblies, mirror assemblies, \noperator cabins for off-highway vehicles, aluminum spools, \nspindles, and hubs; apart from the automotive components that we \nexcel in. \nTo be the Most Preferred Choice of Global Stakeholders.\nTo be the leading player in Global Markets with fully satisfied \nStakeholder, maintaining cost effectiveness through innovative \ntechnology and optimum utilization of talent and resources.\nAUTOMOTIVE \nDIVISION\nVision\nMissionS\nAN\nDH\nAR", "start_char_idx": 0, "end_char_idx": 890, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5013fab1-3009-4769-a70e-586f961627c9": {"__data__": {"id_": "5013fab1-3009-4769-a70e-586f961627c9", "embedding": null, "metadata": {"page_label": "6", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "eedb614b-71f3-46c2-8346-3e7269bab544", "node_type": null, "metadata": {"page_label": "6", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a178655d1683aea5876d98a75cd3b6cd0de4f5d356b0c1a2380d380910b1baba"}}, "hash": "a178655d1683aea5876d98a75cd3b6cd0de4f5d356b0c1a2380d380910b1baba", "text": "Annual Report 2021-2205\nCOMPONENTS \nDIVISION\nAUTOMACH \nDIVISION\nCABINS AND \nFABRICATION \nDIVISIONValuesS\nAN\nDH\nARSpirit of \nAccomplishment\nAppropriate AttitudeNever Dying P assion \nfor Excellence\nDynamicHonest\nAccountableReliable", "start_char_idx": 0, "end_char_idx": 229, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4d749afa-f519-420c-ad0d-cc92e4eac337": {"__data__": {"id_": "4d749afa-f519-420c-ad0d-cc92e4eac337", "embedding": null, "metadata": {"page_label": "7", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9c365f4a-50d4-4f05-b110-a3cb5cd74e7b", "node_type": null, "metadata": {"page_label": "7", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8c9346fd8c76bb2d2095f4fef8a3e2445f82c9d58f4bca4c066b3e2a2f34c184"}}, "hash": "37193fdc122f208fad39462b2aadad8a13100ce4fc68506a2132127668620c2b", "text": "PREMIUM \nQUALITY. \nPOWERED \nBY TRUST. \nOur diverse product range caters to the different needs \nof individual and business customers across the world. \nWith an eye for detail, our products are engineered to \nproduce optimum output, while staying true to quality. \nState-of-the-art technology, aesthetic design and \ninnovation is what sets us apart in the automotive \nindustry.", "start_char_idx": 0, "end_char_idx": 376, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c6b7bcfe-7ed8-4902-a2ea-90af017ff566": {"__data__": {"id_": "c6b7bcfe-7ed8-4902-a2ea-90af017ff566", "embedding": null, "metadata": {"page_label": "8", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "78815b97-357e-40f2-b35f-de39bb50424b", "node_type": null, "metadata": {"page_label": "8", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6c4d1f3ffbe69deece422aba3c4b743489a9661c732cd6434a11597780fbc077"}}, "hash": "b226dca3e896b0a0ea373c7f74cc1e7565e1c4a23f8f4835a5e6bfc62b52d9c2", "text": "Through our technological competencies, \nwe manufacture and supply various high-\nquality and reliable auto component parts \nfor our customers across globe.Annual Report 2021-2207\nPRODUCT \nRANGE\nAUTOMOTIVE DIVISION\nCOMPONENTS DIVISION\nAs a part of strategy of being self \ndependent, through this division we meet \nthe internal requirement of key materials \nand processes required for products \nmanufactured at our automotive division.\nAUTOMACH DIVISION\nOne of the top companies in the two-\nwheeler steel wheels market of India, with \nour state-of-the-art manufacturing \ntechnologies and process for wheel \nforming, tri-nickel chrome plating, and \nassembly machines.\nCABINS AND \nFABRICATION DIVISION\nFor off-highway vehicle segment, we offer \na diverse range of products that are high \nquality and cost effective consisting of \nprecision steel metal components used in \nwheel loaders, cranes, tractors, hoe \nloaders, and excavators.", "start_char_idx": 0, "end_char_idx": 930, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "09dfd177-8af8-4212-b08d-53a745dff112": {"__data__": {"id_": "09dfd177-8af8-4212-b08d-53a745dff112", "embedding": null, "metadata": {"page_label": "9", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d8023a0d-1880-4681-a9a5-6bc24f5d7ce1", "node_type": null, "metadata": {"page_label": "9", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ad29f6cccca26c0dfd794f5001abc04d92705183aac828131effab0fd411233b"}}, "hash": "ad29f6cccca26c0dfd794f5001abc04d92705183aac828131effab0fd411233b", "text": "Collaborations & JVs\nJapan\nSouth Korea\nTaiwan\nManufacturing Facilities\nRomania\nPoland\nMexico\nSpainOverseas\nIndia\nUttarakhand\nHaryana\nMaharashtra\nGujarat\nTamil Nadu\nHimachal Pradesh\nRajasthan\nKarnatakaOUR GLOBAL \nFOOTPRINTS\nThrough strategic collaborations in the overseas market, we operate at a macro level and supply \npremium quality automotive goods to businesses.Sandhar Technologies Limited08\n44Manufacturing facilities\nacross the globe8700Employees across the\nglobe\n15.92%Revenue from overseas\nmarket84.08%Revenue from domestic\nmarket", "start_char_idx": 0, "end_char_idx": 540, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "fb02ef7d-2cca-41d9-9248-496df77b56c5": {"__data__": {"id_": "fb02ef7d-2cca-41d9-9248-496df77b56c5", "embedding": null, "metadata": {"page_label": "10", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d8b3fa6c-dbc5-40bb-9c54-171908ed79ad", "node_type": null, "metadata": {"page_label": "10", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4e7c4c18ae18548175adae1768a36b3e00d2ff9acd674dd2b67d261bc1bfbb2a"}}, "hash": "4e7c4c18ae18548175adae1768a36b3e00d2ff9acd674dd2b67d261bc1bfbb2a", "text": "SpainPoland\nRomaniaSouth Korea\nJapan\nTaiwan\nUttarakhand\nTamil NaduHimachal Pradesh\nKarnatakaHaryana\nRajasthan\nMaharashtraAnnual Report 2021-2209\nMexico\nGujarat", "start_char_idx": 0, "end_char_idx": 159, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1678025a-8b98-43eb-9ce4-3ca366e1ac93": {"__data__": {"id_": "1678025a-8b98-43eb-9ce4-3ca366e1ac93", "embedding": null, "metadata": {"page_label": "11", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e609533f-6b77-4d2b-bf39-8c24827cf532", "node_type": null, "metadata": {"page_label": "11", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "901feaa5779f70d68f052d57a48488f118ccf3ce19135412cc03b94cf8dafc48"}}, "hash": "901feaa5779f70d68f052d57a48488f118ccf3ce19135412cc03b94cf8dafc48", "text": "OUR\nPATRONS", "start_char_idx": 0, "end_char_idx": 11, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "dc9469ac-88dc-49e0-b33f-07fdbb0dc973": {"__data__": {"id_": "dc9469ac-88dc-49e0-b33f-07fdbb0dc973", "embedding": null, "metadata": {"page_label": "12", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d425a0d2-c12e-463c-b738-25c378841e55", "node_type": null, "metadata": {"page_label": "12", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e894b9bb18bed71dd5108ca37f9b3ed2f0d1218552454a00afd519dd0f0cb4e9"}}, "hash": "d91585d0d8db5a68fa403d15ff3c776f9a96110932643db1f81d714e27c79558", "text": "Annual Report 2021-2211\nWith customer satisfaction as its priority , Sandhar has the privilege to \nbuild a long lasting relationship with various OEMs  in the automotive and \nnon-automotive sector . We, at the company , believe in catering to the \nvaried needs of customers through a customer centric business model. \nOur focus is always on providing customers with high quality products \nand timely services and in nourishing a relationship based on trust and \ncommitment with them. Leveraging our core competencies, we are \nproud to serve our customers spread across in India, Europe and NAFT A \nregions.\n2/3 Wheeler\n4-Wheeler\nCV & OHV\n2 Wheelers EVs\nEVs Commercial Vehicles", "start_char_idx": 0, "end_char_idx": 676, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9fc6ef71-028d-456d-a544-7c1b7a05cdb6": {"__data__": {"id_": "9fc6ef71-028d-456d-a544-7c1b7a05cdb6", "embedding": null, "metadata": {"page_label": "13", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "7d2441fb-e4b1-446d-a764-a8d688a4b857", "node_type": null, "metadata": {"page_label": "13", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1b0816df3f107b73e998463bdc0e0d9c8dd5178013820d37a05faab92321e809"}}, "hash": "1b0816df3f107b73e998463bdc0e0d9c8dd5178013820d37a05faab92321e809", "text": "DEAR STAKEHOLDERS,\nWith growing concerns of climate change and \nenvironmental degradation, sustainability has \nbecome a strategic priority for automotive \norganizations. Governments, consumers and \ninvestors are now pushing automotive \norganizations to change their ways of \nworking, culture and products. This will have \nfar reaching implications for the industry, that \nwhile making substantial progress still \nrequires to step up its sustainability efforts. \nEven natural resources have become more \nand more scarce, thus sustainable value chains \nare becoming more and more important for \nthe automotive industry.", "start_char_idx": 0, "end_char_idx": 617, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ee140d5d-5961-4632-9bb0-be66521a43e9": {"__data__": {"id_": "ee140d5d-5961-4632-9bb0-be66521a43e9", "embedding": null, "metadata": {"page_label": "14", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "51cf4b2e-7585-4079-83f8-0656abf2ca3f", "node_type": null, "metadata": {"page_label": "14", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "03f06a0a5768cc3682d4b2a786b53ef07eef449dd8201556e7fd87169d0b6d18"}}, "hash": "03f06a0a5768cc3682d4b2a786b53ef07eef449dd8201556e7fd87169d0b6d18", "text": "Annual Report 2021-22 13\nSd/-\nChairmanD. N. DavarSince its inception, Sandhar has diligently focused also continued to make substantial investments \non improving stakeholder value through for business growth, with a primary emphasis on \nsustainable solutions that add value to businesses. capacity expansion. While we remain focused on \nWe have also set our priorities with the expanding operations in India, we are also \ngovernment\u2019s vision of \u2018Atmanirbhar Bharat\u2019 and simultaneously shoring up efforts to fortify our \nto foster innovation to promote growth and international business. At Sandhar, our priority \ndevelopment in the automotive sector. Our self- also revolves around the adoption of highest \nsustaining strategies enable us to secure our standards of health, safety, and environmental \nfooting in the industry. integrity enabling long-term sustainability. During \nthe pandemic, we ensured employee health and Our journey began with a few products, as an \nsafety through the adoption of stringent safety Original Equipment Manufacturer (OEM) in the \nprocedures. We also deployed a structured Covid Two-Wheeler Market. Over the years, we have \nreaction plan to focus on preparedness, extended and diversified our portfolio to include \nmitigation and restoration of operations.different type of accessories and parts for cars, \ncommercial vehicles and off-highway vehicles. Our CSR philosophy serves as the guiding \nToday, Sandhar is a market leader in the principle for all our endeavours. We strive to \nautomotive components and systems segment, make a significant contribution to Society \ndelivering a wide variety of innovative, superior through our Trust, the \u2018Sandhar Foundation,\u2019 \nquality, and cost-effective products to customers which is interwoven in the Company\u2019s value \nall over the world. system. This year, we have organized several \ninitiatives in the field of healthcare, community With a balanced product portfolio and diversified \nservices and the promotion of girls\u2019 education as a operations, we aim at sustaining our only margins \npart of our CSR activity.Going forward, we to enable significant improvement in our business. \nforesee a bright future for our business. Despite We have a resilient business model that is scalable, \nrecent obstacles, notably the deadly COVID-19 as per customer requirements. It helps to cushion \nPandemic, the future potential of the Indian the cascading macro-economic impact on our \nAutomobile Industry is evident. Moreover, rising operations. We operate 43 plants globally and \nproduction and growing demand are anticipated along with our extensive presence in India, we \nto generate 65 million new employments in India expanded our footprints in Spain, Poland and \nby 2026. We plan to strengthen our customer Mexico. We also have an upcoming facility in \nrelationship with renewed vigour and versatile Romania, which is expected to be operational \nproduct offering. I would like to thank each and shortly. In order to stay ahead of the industry, we \nevery stakeholder across our value chain for their entered strategic partnerships and joint ventures \ndedication, trust and confidence in Sandhar to further augment our technological \nTechnologies Limited.competencies and drive market leadership. We CHAIRMAN\u2019S\nMESSAGE", "start_char_idx": 0, "end_char_idx": 3286, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "75fe5019-9a11-42d3-a83b-a961428ec276": {"__data__": {"id_": "75fe5019-9a11-42d3-a83b-a961428ec276", "embedding": null, "metadata": {"page_label": "15", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "eae231d3-dd57-4c28-b3b2-cee42eb04f12", "node_type": null, "metadata": {"page_label": "15", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4a93b64882dcfc200d8f8d0de8b4c94f7195219e3b3665f03e0dd1e42c2067cf"}}, "hash": "4a93b64882dcfc200d8f8d0de8b4c94f7195219e3b3665f03e0dd1e42c2067cf", "text": "MANAGING\nBUSINESS GROWTH\nAt every step, Sandhar has adopted and implemented strategies  to tap the right \nbusiness opportunities arising from global mega trends. this has not only helped the \ncompany manoeuvre for growth but also become global leaders in the market.\nBusiness Opportunities for Sandhar\n\u2026IN A \nRESPONSIBLE\nMANNER.Demography\nIncrease in consumers and capital\ngoods consumption\nDigitization\nIncrease in consumers and capital\ngoods consumptionGlobalization\nIncreasing resources and energy\nconsumption\nElectric Vehicles\nIncreasing demand for electric\nconsumption goods\nClimate Change\nReduced CO  emission, use of2\nrenewable energies\nRegulatory Compliance \nCompliant product and services\nmeeting quality standards Finite Resources\nEfficient resource utilization and \nenergyconsumption\nIncreasing connectivity\nIntelligent products and holistic\nsolutionsMEETING \nTHE \nDEMAND \nARISING...Sandhar Technologies Limited14", "start_char_idx": 0, "end_char_idx": 924, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1a162852-189c-4bde-970b-e708f6cdd7ff": {"__data__": {"id_": "1a162852-189c-4bde-970b-e708f6cdd7ff", "embedding": null, "metadata": {"page_label": "16", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "39fdd2c0-cc81-4c78-9887-2217c589a586", "node_type": null, "metadata": {"page_label": "16", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b0e0395c6d2aac4bb707b203e715ed29068d051d8f3fea6f1f77214471a62fb2"}}, "hash": "b0e0395c6d2aac4bb707b203e715ed29068d051d8f3fea6f1f77214471a62fb2", "text": "Annual Report 2021-2215\nStrategies Adopted\nInvest in emerging trends\nThrough our joint ventures and collaborations we invest in \nresearch and development activities to know the emerging \nmarket demands and new technologies to gain an edge \nover peers.\nBuild scale\nProduct portfolio\nConsumers\nValue createdOn the basis of customer demand, we scale up our \noperations either by opening a new manufacturing facility \nor increasing the capacity of the existing one.\nOur primary focus has been on safety and security systems \nfor automobiles across segments. Hence, we keep adding \nnew and improved products in the category to cater the\ndiverse needs of our customers.\nAlong with expanding our product pipeline, we strive to \nincrease our customer base by adding new customers as \nwell as strengthen our relationship with existing ones in\norder to increase our revenue.\nWe create value through proactive price management, \ninnovation, and economies of scale. This enables us sustain \nour business and invest in future expansion projects.", "start_char_idx": 0, "end_char_idx": 1032, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f7771e75-18e1-4c86-8c35-913732dd1b1a": {"__data__": {"id_": "f7771e75-18e1-4c86-8c35-913732dd1b1a", "embedding": null, "metadata": {"page_label": "17", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ed31c326-3a68-44a1-8969-1df62145fb94", "node_type": null, "metadata": {"page_label": "17", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "678eb35c82512ff4f8915d601de7fed1882043b1608c5e99b27eba356f014644"}}, "hash": "678eb35c82512ff4f8915d601de7fed1882043b1608c5e99b27eba356f014644", "text": "1\nDharmendar Nath Davar  is the Chairman and Non-Executive, \nNon-Independent Director of our Company. A distinguished \nprofessional Development Banker with innate expertise in Corporate \nManagement, has obtained the degree of B. Com (Hons.), M.A. \n(Economics), Certified Associate of the Indian Institute of Bankers and \nis a Fellow of the Economic Development Institute of the World Bank. \nAfter serving the Punjab National Bank (PNB) in senior management \nposition(s) upto 1968, he joined Industrial Financial Corporation of \nIndia (IFCI), a well-known national level premier financial institution and \nretired on completion of two terms spreading over eight years as an \nExecutive Chairman in 1992. He had also been on the Boards and \nExecutive Committees of IDBI and RBI for nearly 9 years and also on \nthe Board of LIC Housing Finance Co. He had been, for several years, a \npart time Consultant to the World Bank, UNIDO and KFW. Presently, \nhe is on the Boards of several reputed companies, training institutions \nand Non-Governmental (social) Organizations.Jayant Davar\nMonica Davar is the Co-Chairman & Managing Director and the \nFounder Director & Promoter of our Company.  Mr. Davar holds a \nbachelor\u2019s degree in Mechanical Engineering from Thapar Institute of \nEngineering & Technology, Patiala and has been conferred with the \ndistinguished Alumnus Award by his Engineering College, Thapar \nInstitute of Engineering and Technology (TIET)-Patiala. Mr. Davar is \nalso an alumni of Harvard Business School, Boston.\nMr. Davar has a rich experience of over four decades in the auto \ncomponent sector and is actively involved with several professional \nbodies. He is on the Board of several leading Companies and \nEducational Institutions. Mr. Davar is presently  Member of Advisory \nCommittee of Fraunhofer Gesellschaft, Germany and Advisor to \nAutomotive Component Manufacturers Association (ACMA) , He is \nMember-Executive Committee in National Council, Confederation of \nIndian Industry(CII).\n is a Non-Independent, Non-Executive Director of \nour Company. She was appointed as a Director in 1987. She completed \nher pre-university studies in the Commerce stream. She has over 23 \nyears of experience in the auto components sector.2\n3PROFILE OF \nBOARD OF DIRECTORS\n7\n 8\n 5\n9\n6Sandhar Technologies Limited16\n1\n 2\n 3\n 4\n10\n 11", "start_char_idx": 0, "end_char_idx": 2332, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "14f1973b-242b-4c09-8666-53fc9c0ff8e8": {"__data__": {"id_": "14f1973b-242b-4c09-8666-53fc9c0ff8e8", "embedding": null, "metadata": {"page_label": "18", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "dffa299e-f822-4a0d-bb49-af8aa23cd8d8", "node_type": null, "metadata": {"page_label": "18", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b57c4952245ac7d24d4cd4174388792e2829a15c75d7e9db0b02ed88d7745717"}, "3": {"node_id": "6095b1d0-6e78-4e98-abf8-c14dff7cbdd1", "node_type": null, "metadata": {"page_label": "18", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f2ec6b457bf307912b54f691f7e1639aa6827145e03938a871e04df1fa1976c4"}}, "hash": "243c8a93f24858b2bf30dec37f62588c0ab56cbd754a431f49b5ef44c9ab0fc9", "text": "Mohan Lal Bhagat\nArvind Kapur\nArchana Capoor\nArjun Sharma\nBharat Anand is an Independent Director of our Company. He \nwas first appointed as an Independent Director of our Company in \nFebruary, 1993. He holds a bachelors\u2019 degree in commerce from the \nUniversity of Calcutta. Mr. Bhagat has over 45 years of experience in \nthe areas of managing large companies as CEO / MD and financial and \nmanagement consultancy. He has been a Nominee Director on the \nBoard of many companies on behalf of All India and State Financial \nInstitutions. He has also been an Independent Director on the Board of \nmany other companies.\n is an Independent Director of our Company.  He is \nthe promoter of Rico Auto Industries Limited and is presently serving as \nthe Chairman, CEO and MD. He has rich experience of over four \ndecades in the automotive industry and has acquired expertise in all \nvital aspects of the business. He is a Director on the board of several \nleading companies. He is actively involved in professional bodies. He \nheld the office of the President of ACMA (Automotive Component \nManufacturers Association of India) for the year 2011-12. He is also on \nthe Executive Body of CII.  He is a graduate from St. Stephen\u2019s College, \nDelhi and Alumni of the Harvard Business School, USA.\n is an Independent Director of our Company. She \nwas appointed as an Independent Director of our Company in \nNovember, 2018. She holds a masters\u2019 degree in Business \nAdministration with specialization in Finance and Market Research, \nUniversity of Allahabad, UP (India). She has a versatile profile in \ndifferent sectors such as Tourism, Banking & Finance and Social. She is \nthe Independent Director of 5 listed Companies, 1 Public Company and \nsince 2014 also a Member Secretary and Project Director of an NGO \ni.e. Indian Trust for Rural Heritage and Development (ITRHD). She has\nover 36 years of work experience in Finance and International\nBusiness.\n is an Independent Director of our Company. He was \nappointed as an Independent Director of our Company in May  2016. \nHe holds a bachelors\u2019 degree in commerce from University of Delhi. He \nis the Founder of Select Group, a business house that has diversified \ninterests in Shopping Centre, Hospitality, Retail and Travel Technology.\n is an Independent Director of our Company, is a \nPartner in the Corporate Department of Khaitan & Co. where he joined \nin 2009 with direct responsibility for the Firm\u2019s Corporate and M&A \npractice in Delhi and is a Member of the Firm\u2019s National Executive \nCommittee. Prior to joining Khaitan & Co, he had a successful career at \nthe London offices of Freshfields from 2001 until 2009.\nMr. Anand\u2019s practice spans a range of areas including Mergers and \nAcquisitions, Joint Ventures, Private Equity Transactions as well as \nbeing a Strategic Advisor on particularly complex or sensitive situations \nin India. He has a wide range of industry experience including Financial \nServices, Insurance, Renewable Energy, Telecom, Information \nTechnology, Manufacturing and Consumer goods. He represents \nFinancial Sponsors, Founders and family offices on Control Deals, \nGrowth Capital Investments, Joint Ventures and Exits. He has also \nadvised Indian and foreign clients on disputes in India.Mr. Anand is ranked by both Chambers (Asia Pacific and UK) as a \u201cBand \n1 Lawyer\u201d for M&A work in Delhi and is recognised as a Global Leader \nby \u201cWho\u2019s Who Legal\u201d for M&A and Governance issues. He plays an \nactive role in leading industry associations in India. He is Co-Chair of \nFICCI\u2019s Committee on Stressed Assets and a Member of CII\u2019s \nCommittee on Transparency and Governance.\nMr. Anand studied law at Jesus College, Cambridge and is an alumnus \nof St. Columba\u2019s School. He is a dual qualified lawyer (India and England \nWales).\n is an Independent Director of our Company. He \nis the CEO of Valuon Strategic, an advisory firm providing", "start_char_idx": 0, "end_char_idx": 3897, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6095b1d0-6e78-4e98-abf8-c14dff7cbdd1": {"__data__": {"id_": "6095b1d0-6e78-4e98-abf8-c14dff7cbdd1", "embedding": null, "metadata": {"page_label": "18", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "dffa299e-f822-4a0d-bb49-af8aa23cd8d8", "node_type": null, "metadata": {"page_label": "18", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b57c4952245ac7d24d4cd4174388792e2829a15c75d7e9db0b02ed88d7745717"}, "2": {"node_id": "14f1973b-242b-4c09-8666-53fc9c0ff8e8", "node_type": null, "metadata": {"page_label": "18", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "243c8a93f24858b2bf30dec37f62588c0ab56cbd754a431f49b5ef44c9ab0fc9"}}, "hash": "f2ec6b457bf307912b54f691f7e1639aa6827145e03938a871e04df1fa1976c4", "text": "He \nis the CEO of Valuon Strategic, an advisory firm providing strategic \nguidance on International Standardization and Emerging Technologies. \nBesides this, Mr. Mahendru is presently the International \nElectrotechnical Commission (IEC) Standardization Management Board \n(SMB) member representing India, and IEC Special Envoy for the UN \nSustainable Development Goals (UN SDGs), representing IEC in \nvarious government and stakeholder fora on the impact of effective \nstandardization to ensure sustainability.  He is additionally Chairman of \nthe IEC Systems Committee on Direct Current.  Besides, he is also a \nmember of the National Executive Council of the Indian Electrical and \nElectronics Manufacturers\u2019 Association (IEEMA).  He has over 33 years \nof diverse experience in various functions in the manufacturing \nindustry.\n is a Non-Independent, Non-Executive Director of \nour Company. He was appointed as a Director in August 2021. Mr. \nNeel Jay Davar graduated in Science with Major in Industrial \nEngineering & Operations Research from the University of California, \nBerkeley. He has worked with Monument Bank, UK, in the field of \nSoftware Development and Prototyping. He has previously worked at \nMorgan Stanley, New York as a Member of Wealth Management Team. \nMr. Neel Jay Davar is son of Mr. Jayant Davar, Co-Chairman & \nManaging Director of the Company and Mrs. Monica Davar, Non-\nExecutive Non Independent Director and grandson of Mr. D. N. Davar, \nChairman of the Company.\n is a Non-Independent, Non-Executive Director \nof our Company. He was appointed as a Director in February 2022. Mr. \nDinodia graduated in Commerce from Shriram College of Commerce \nand did his L.L.B from Delhi University in 1986. He is the Fellow \nMember of the Institute of Chartered Accountants of India, since 1984. \nAs a Senior Partner of S. R Dinodia & Co LLP, Chartered Accountants \nsince 1984, he has rich experience of   over thirty-five years in the \nfields of Assurance/Auditing, Financial Consulting and Taxation. Mr. \nDinodia is on the Board of Directors of many renowned public listed \nCompanies as an Independent Director, offering invaluable guidance to \nthem on good Corporate Governance, helping them strengthen their \ncompliance issues with the myriad of applicable laws and he also \nprovides them valuable guidance to enable them to grow, diversify, and \nprosper.Vimal Mahendru\nNeel Jay Davar\nSandeep Dinodia4\n7\n89Annual Report 2021-22 17\n10\n115\n6", "start_char_idx": 3835, "end_char_idx": 6291, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3d79ecbd-214d-4e2a-9654-b31777a45e2a": {"__data__": {"id_": "3d79ecbd-214d-4e2a-9654-b31777a45e2a", "embedding": null, "metadata": {"page_label": "19", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "269649a0-9ae3-46b5-accb-4afb47895f80", "node_type": null, "metadata": {"page_label": "19", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "dc88c1aa22cf0a9b15ec9b6e76832fd5b8b8f01a7bddc632f3fca9ff5b6c845f"}}, "hash": "dc88c1aa22cf0a9b15ec9b6e76832fd5b8b8f01a7bddc632f3fca9ff5b6c845f", "text": "CORPORATE\nSOCIAL \nRESPONSIBILITY\nAt Sandhar, we are committed to function in a \nresponsible manner through sustainable business \npractices, constantly caring for the communities \nand markets where we live and operate our business.", "start_char_idx": 0, "end_char_idx": 230, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4d87b226-e1b5-4c48-a2e3-09c0550548eb": {"__data__": {"id_": "4d87b226-e1b5-4c48-a2e3-09c0550548eb", "embedding": null, "metadata": {"page_label": "20", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "601916a9-3ba9-4b8d-ba90-f6cb2d504f5a", "node_type": null, "metadata": {"page_label": "20", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "174edc3a995b9dfd3bc9ef1c7f2dd8f244c4530ae4c06189f25f897b184d1638"}}, "hash": "174edc3a995b9dfd3bc9ef1c7f2dd8f244c4530ae4c06189f25f897b184d1638", "text": "Sandhar Foundation, the CSR \nfoundation by Sandhar was built over \nthe pillars of Growth, Motivation and \na Better Life, in 2010. It was set up to \nstreamline the efforts done by the \ngroup, to uplift the society and help \nthe underprivileged. The foundation \nworks in the domains of healthcare, \nwomen empowerment, education, \nskill development and environment, to \nname a few. Their notable efforts have \nindeed helped create a better, safer \nand progressive world for the future \ngenerations to inherit. Annual Report 2021-2219\nOur focus areas\nPromoting Gender Equality\nand Empowerment of WomenPromoting\nRural SportsEnvironment\nProtectionHealthcare EducationCreating a better \nworld", "start_char_idx": 0, "end_char_idx": 685, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "faeb5290-f9d8-4c4a-9da9-aa3516c4299f": {"__data__": {"id_": "faeb5290-f9d8-4c4a-9da9-aa3516c4299f", "embedding": null, "metadata": {"page_label": "21", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c3e658b5-ed5c-4fe5-8569-c7bd915263e8", "node_type": null, "metadata": {"page_label": "21", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f04fee351b3ff5609bf8cc4b89ab388e41481c2bb3080f7e72ef6cddf9715142"}}, "hash": "f04fee351b3ff5609bf8cc4b89ab388e41481c2bb3080f7e72ef6cddf9715142", "text": "Sandhar Technologies Limited20\nBoard of Directors\nShri Dharmendar Nath Davar \nChairman, Non-Executive & Non \nIndependent Director\nShri Jayant Davar \nCo-Chairman & Managing Director\nSmt. Monica Davar \nNon-Executive & Non Independent \nDirector\nSmt. Archana Capoor \nNon-Executive, Independent Director\nShri Arjun Sharma \nNon-Executive, Independent Director\nShri Bharat Anand \nNon-Executive, Independent Director\nShri Arvind Kapur \nNon-Executive, Independent Director\nShri Mohan Lal Bhagat \nNon-Executive,Independent Director\nShri Vimal Mahendru \nNon-Executive,Independent Director\nShri Sandeep Dinodia \nNon-Executive & Non-Independent  \nDirector \nShri Neel Jay Davar \nNon-Executive & Non-Independent  \nDirector \nShri Ravinder Nagpal \nNon Executive, Independent Director  \n(Upto 02nd May 2021)\nShri Krishan Lal Chugh \nNon-Executive,Independent Director  \n(Upto 08th Sept 2021)\nChief Financial Officer \nShri Yashpal Jain\nAudit Committee\nSmt. Archana Capoor \nChairman\nShri Arvind Kapur \nMember\nShri Jayant Davar\nMemberNomination & Remuneration \nCommittee\nShri Vimal Mahendru \nChairman\nShri Arjun Sharma \nMember\nShri Mohan Lal Bhagat \nMember\nStakeholder Relationship \nCommittee\nShri Arjun Sharma \nChairman\nShri Arvind Kapur \nMember\nShri Jayant Davar \nMember\nCorporate Social Resposibility \nCommittee\nShri Jayant Davar \nChairman\nShri Arvind Kapur \nMember\nSmt. Monica Davar \nMember\nFinance Committee\nShri Dharmendar Nath Davar Chairman\nShri Jayant Davar \nMember\nShri Vimal Mahendru \nMember\nShare Transfer & Allotment \nCommittee\nShri Jayant Davar \nChairman\nSmt. Archana Capoor \nMember\nShri Vimal Mahendru \nMemberRisk Management Committee\nShri Dharmendar Nath Davar Chairman\nSmt. Monica Davar \nMember\nShri Mohan Lal Bhagat \nMember\nCompliance Officer\nSmt. Komal Malik Plot No. 13, Sector 44, Gurgaon \u2013 122001 \nHaryana - India  \nT el No: 0124-4518900  \nFax No: 0124-4518912  \nEmail: investors@sandhar.in\nCorporate Identity Number \nL74999DL1987PLC029553\nBankers/Financial Institutions  \nCiti Bank N.A;  \nThe Federal Bank Limited;  \nState Bank of India;  \nYes Bank Limited;  \nHDFC Bank Limited;  \nKotak Mahindra Bank Limited;  \nBajaj Finance Limited;  \nICICI Bank Limited;  \nDBS Bank India Limited.\nRegistered Office  \nB-6/20 L.S.C. Safdarjung Enclave, New Delhi-110029  \nE-mail :investors@sandhar.in\nCorporate Office  \nPlot No 13, Sector 44 Gurgaon-122002  \nE-mail :investors@sandhar.in\nRegistrar & Share Transfer Agent  \nM/s Link Intime India Private Limited C-101, 1st floor 247 Park L B S Marg,\nVikhroli (West) Mumbai 400 083  \nT el: +91 22 4918 6270;  \nFax: +91 22 4918 6060  \nE-mail: mumbai@linkintime.co.in  \nInvestor Grievance e-mail: rnt.helpdesk@\nlinkintime.co.in  \nWebsite: www.linkintime.co.inCORPORATE INFORMATION \nFOR THE FINANCIAL YEAR 2021-22.", "start_char_idx": 0, "end_char_idx": 2744, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f8855086-36c4-45f0-add3-6edbdc275ee9": {"__data__": {"id_": "f8855086-36c4-45f0-add3-6edbdc275ee9", "embedding": null, "metadata": {"page_label": "22", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4cc246d1-0758-4c66-b16d-6c59a9ee2c0b", "node_type": null, "metadata": {"page_label": "22", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "07691f83b3aa31f372666d2df689d976932bce1db959fdaa8676140e9f4837b8"}, "3": {"node_id": "6cbf2f43-dd5c-437f-9c14-65823d7d22a5", "node_type": null, "metadata": {"page_label": "22", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ce2f9fb3cf35f345a7cb098c878b63c1613cf2c1d9b33740b0fd31223dcb9695"}}, "hash": "03b7dafd45d6f0db014ae742d8ea49bcd375a4db1a004ce218434a2bd6538c49", "text": "21\nAnnual Report 2021-22\nDIRECTORS' REPORT\nDear Shareholders,\nThe Directors of your Company take pleasure in presenting its 30th Annual Report on the business and operations of the Company together \nwith financial statements for the financial year ended the 31st March, 2022.\nOPERATIONS - FINANCIALS\nThe summarized standalone and consolidated Financial Results of the Company for the Financial Year ended the 31st March, 2022 as \ncompared to the previous year are as under:\n(Rs. in Lacs)\nCorresponding figures for the previous year have been \nregrouped / recast wherever necessary to correspond  \nto current year / year Classification  Standalone Consolidated\nFinancial Year Financial Year\n2021-2022 2020-2021 2021-2022 2020-2021\nRevenue and other Income (Net of GST) 1,94,616.64 1,59,470.13 2,33,068.34 1,87,434.14\nEBITDA as per financial statement 17,111.04 16,314.16 21,300.95 19,918.30\nLess: Financial Expenses (942.75) (909.43) (1,771.03) (1,602.06)\nProfit before Exceptional Items, Depreciation & T ax 16,168.28 15,404.73 19,529.92 18,316.24\nLess: Depreciation (7,426.26) (6,857.01) (10,003.23) (9,394.78)\nProfit Before Exceptional Items and T ax Provisions 8,742.03 8,547.72 9,526.69 8,921.46\nLess: Share in loss of jointly controlled entity - - (1,271.59) (1,119.93)\nLess: Exceptional items (110.36) - (110.86) -\nLess: T ax Provisions (2,488.99) (2,024.52) (2,551.31) (2,018.17)\nNet Profit After T ax Provisions 6,142.68 6,523.20 5,592.93 5,783.36\nAdd: Other Comprehensive Income/(Expense) (220.43) (400.2) 489.85 (374.53)\nLess: Profit attributable to Non-controlling interest - - (18.07) (6.5)\nLess: Appropriations:\nDividend (601.91) (1,203.81) (607.93) (1,209.84)\nAdjustment on account of conversion of Joint Venture into \nSubsidiary- - (0.13) -\nBalance carried forward in Balance Sheet 5,320.34 4,919.19 5,456.65 4,192.49\nINDUSTRY UPDATE\nThe year gone by was full of unforeseen challenges and new learning \nfor the industry. Indian auto industry has worked hard against these \nchallenges to keep the value chain running, to indigenize parts, \ncontrol cost, invest in new technologies, and enhance exports. \nThe Government also came out with targeted support like PLI \nschemes, FAME scheme extension, etc. Elaborating on the sales \nperformance, Despite some recovery from a low base, sales of all \nfour segments of the auto industry are below even 2018-19 level. \nWhile some segments like Commercial Vehicles and SUVs are seeing \nimprovement in demand, the mass segments like two-wheelers and \nsmaller cars are facing serious affordability issues. The immediate \nchallenge in most segments is semiconductor availability. T alking \nabout export performance, all four segments of the industry have \nincreased their exports. Infact, two-wheelers achieved their highest \never exports. It is good to see that Indian products are becoming \nmore acceptable worldwide for their quality, cost and performance. \u201d\nThe auto industry saw a decline of 6% in sales during FY22. The \nindustry faced supply challenges during the early 2022 and the chip \nshortage affected many carmakers. Steep increase in commodity \nprices, precious metals and freight rates were putting additional \npressure on supply chain and profitability of the industry. Indian \nRating & Research", "start_char_idx": 0, "end_char_idx": 3262, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6cbf2f43-dd5c-437f-9c14-65823d7d22a5": {"__data__": {"id_": "6cbf2f43-dd5c-437f-9c14-65823d7d22a5", "embedding": null, "metadata": {"page_label": "22", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4cc246d1-0758-4c66-b16d-6c59a9ee2c0b", "node_type": null, "metadata": {"page_label": "22", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "07691f83b3aa31f372666d2df689d976932bce1db959fdaa8676140e9f4837b8"}, "2": {"node_id": "f8855086-36c4-45f0-add3-6edbdc275ee9", "node_type": null, "metadata": {"page_label": "22", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "03b7dafd45d6f0db014ae742d8ea49bcd375a4db1a004ce218434a2bd6538c49"}}, "hash": "ce2f9fb3cf35f345a7cb098c878b63c1613cf2c1d9b33740b0fd31223dcb9695", "text": "\npressure on supply chain and profitability of the industry. Indian \nRating & Research (Ind-Ra) said the ongoing geopolitical tensions \namid Russia-Ukraine situation could increase commodity prices, \ncrude oil prices, and exacerbate supply chain issues.IMPACT OF COVID - 19\nIn wake of the Covid -19 pandemic, the business activities across \nthe globe have been affected. With the slowdown in the spread \nof pandemic mainly attributable to the large scale of vaccination \ncarried out in the country, the government has eased down the \nCOVID restrictions. This has resulted in increased activity and the \nIndustry and business is slowly regaining its momentum to pre-\nCOVID level. In the coming financial year the company expects that \nthe slow down caused by the pandemic would be recovered to a \nlarger extent.\nSTATE OF COMPANY\u2019S AFFAIRS \nDetailed discussion on the state of affairs of the Company has been \ncovered as part of the Management Discussion and Analysis (MDA). \nMDA for the year under review, as stipulated under Regulation \n34 of SEBI (Listing Obligations and Disclosure Requirements) \nRegulations 2015, is presented in a separate section forming part \nof this Annual Report. \nAMOUNT TRANSFERRED TO RESERVE\nThe Board of Directors has decided to retain the entire amount of \nprofits in the profit and loss account.", "start_char_idx": 3176, "end_char_idx": 4502, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f4ffd198-b429-4a3b-b5de-508f283a6525": {"__data__": {"id_": "f4ffd198-b429-4a3b-b5de-508f283a6525", "embedding": null, "metadata": {"page_label": "23", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "76ae8222-dd5a-408f-861d-69ea629e4947", "node_type": null, "metadata": {"page_label": "23", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cecf2da2b7a6c8bd523e33d91f20212d6ba113275614e1dd12ab9c70a4650455"}, "3": {"node_id": "d887e502-18cb-4478-bb9e-6cedfd3093db", "node_type": null, "metadata": {"page_label": "23", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "de6587cd3f75cebc32ecbaa6922ae6529772ea751b3bb70407e10a9388e30501"}}, "hash": "45629c5543e6d302c68e223d6ede1a422ba8e7980634bf7733119b5fc90cc58a", "text": "Sandhar Technologies Limited22\nDIVIDEND\nThe Board in its Meeting held on 18th May, 2022 recommended \na Final Dividend of Rs. 2.25/- per equity share for the Financial \nYear ended on 31st March 2022, subject to the approval of the \nshareholders at the ensuing Annual General Meeting of the \nCompany. \nCONSOLIDATED FINANCIAL STATEMENTS\nAs per Regulation 33 of the SEBI (Listing Obligations & Disclosure \nRequirements) Regulations, 2015 (\u201cListing Regulations\u201d), applicable \nprovisions of the Companies Act, 2013 (\u201cAct\u201d) read with the rules \nissued thereunder and Indian Accounting Standard (Ind AS)-\n110 on Consolidated Financial Statements, read with Ind AS-28 \non Investments in Associates and Joint Ventures, the Audited \nConsolidated Financial Statement for the Financial Year ended 31st \nMarch, 2022 is provided in this Annual Report.\nDuring the year, the Board of Directors reviewed the affairs of the \nsubsidiaries in accordance with Section 129(3) of the Companies \nAct, 2013. Consolidated financial statements together with the \nauditor\u2019s report form part of this annual report.\nSHARE CAPITAL\nThe Authorised Share Capital of the Company is Rs. 7,000.00 Lacs \ndivided into 680.00 Lacs Equity Shares of Rs. 10/- (Rupees T en only) \neach and 2.00 Lacs Preference Shares of Rs. 100/- (Rupees Hundred \nonly) each.  The Paid up Capital of the Company is Rs. 6,019.07 Lacs \ndivided into 601.91 Lacs Equity Shares of Rs. 10/- each.\nThere was no public issue, rights issue, bonus issue or preferential \nissue, etc. during the year. The Company has not issued shares with \ndifferential voting rights, sweat equity shares, nor has it granted any \nstock options.\nSUBSIDIARIES AND JOINT VENTURES\nDuring the year under review, new subsidiaries viz Sandhar Engineering Private Limited and Sandhar Auto Electric Solutions \nPrivate Limited have been incorporated. \nThe Company has following Subsidiaries and Joint Ventures:  \nSubsidiaries:  \ni. Sa ndhar T echnologies Barcelona S.L (overseas Subsidiaries) \nii. Sa ndhar Engineering Private Limited\niii. Sa ndhar T ooling Private Limited\niv. Sa ndhar Automotive Systems Private Limited1\nv. Sa ndhar Auto Castings Private Limited2\nvi. Sa ndhar Auto Electric Solutions Private Limited\nvii. Sa ndhar Strategic Systems Private Limited3\nStep down subsidiaries:  \ni. Sa ndhar T echnologies de Mexico, S de RL de CV4\nii. Sa ndhar T echnologies, Poland, Sp. Zoo4\niii. Sa ndhar T echnologies Ro SRL (Romania)4\niv. Sa ndhar Autotech Private Limited3\nv.  Sa ndhar Auto Electric T echnologies Private Limited5 \nJoint Ventures:  \ni. Sa ndhar Han Sung T echnologies Private Limited\nii. Jin young Sandhar Mechatronics Private Limited\niii. Sa ndhar Amkin Industries Private Limited6\niv. K wangsung Sandhar T echnologies Private Limited6 v. K wangsung Sandhar Automotive Systems Private Limited \n(Subsidiary of Kwangsung Sandhar T echnologies Private \nLimited)\nvi. Sa ndhar Whetron Electronics Private Limited\nvii. Winnercom Sa ndhar T echnologies Private Limited \nviii. Sa ndhar Han Shin Auto T echnologies Private Limited \nix. Sa ndhar ECCO Green Energy Private Limited7 \nx. Sa ndhar Han Shin Automotive Private Limited3\nxi. Sa ndhar Daeshin Auto Systems Private Limited3\nNotes:\n1. Sandhar Automotive Systems Private Limited was formerly \nknown as Sandhar Daewha Automotive Systems Private\nLimited. It became subsidiary of Sandhar T echnologies Limited \nwith effect from 28th December 2021. \n2. The name of Sandhar Daeshin T echnologies Limited changed \nto Sandhar Auto Castings Private Limited w.e.f the 22nd March \n2022. It became subsidiary of Sandhar T echnologies Limited", "start_char_idx": 0, "end_char_idx": 3599, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d887e502-18cb-4478-bb9e-6cedfd3093db": {"__data__": {"id_": "d887e502-18cb-4478-bb9e-6cedfd3093db", "embedding": null, "metadata": {"page_label": "23", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "76ae8222-dd5a-408f-861d-69ea629e4947", "node_type": null, "metadata": {"page_label": "23", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cecf2da2b7a6c8bd523e33d91f20212d6ba113275614e1dd12ab9c70a4650455"}, "2": {"node_id": "f4ffd198-b429-4a3b-b5de-508f283a6525", "node_type": null, "metadata": {"page_label": "23", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "45629c5543e6d302c68e223d6ede1a422ba8e7980634bf7733119b5fc90cc58a"}}, "hash": "de6587cd3f75cebc32ecbaa6922ae6529772ea751b3bb70407e10a9388e30501", "text": "March \n2022. It became subsidiary of Sandhar T echnologies Limited \nw.e.f. the 01st October 2021.\n3. Sandhar Strategic Systems Private Limited, Sandhar Han Shin \nAutomotive Private Limited, Sandhar Daeshin Auto Systems \nPrivate Limited and Sandhar Autotech Private Limited are \nunder the process of Strike off.\n4. Sandhar T echnologies, Poland, SP . Zoo, Sandhar T echnologies \nde Mexico S de RL de CV and Sandhar T echnologies Ro \nSRL(Romania) are the subsidiaries of Sandhar T echnologies \nBarcelona S.L. \n5. Sandhar Autotech Private Limited and Sandhar Auto Electric \nT echnologies Private Limited (formerly known as Daewha India\nPrivate Limited) are the subsidiaries of Sandhar Automotive \nSystems Private Limited.\n6. Sandhar Amkin Industries Private Limited is treated as \nJoint Venture Company for the purpose of preparation of\nfinancial statements as required under Ind-AS. However, the \nShareholding of Sandhar T echnologies Limited in this Company \nexceeds 50% therefore, as per the provisions of Companies Act, \n2013, it is treated as Subsidiary. \n7. Sandhar ECCO Green Energy Private Limited is under \nLiquidation.\nPursuant to the provisions of Section 129(3) of the Companies \nAct, 2013 a statement containing the salient features of financial \nstatements of the Companies\u2019 Subsidiaries, Joint Ventures and \nAssociates in Form AOC-1 is attached with the Financial Statements \nof the company at Note No. 44 of the consolidated financial \nstatements.\nFurther, pursuant to the provisions of Section 136 of the Companies \nAct, 2013 the Financial Statements of the company, consolidated \nfinancial statements alongwith relevant documents and separate \naudited financial statements in respect of subsidiaries, are available \non the website of the company at www.sandhargroup.com . \nDetails of subsidiaries of the Company and their performance are \ncovered in Management Discussion and Analysis Report forming part of the Annual Report.\nCAPEX AND LIQUIDITY \nDuring the fiscal year, Company spent Rs. 19,371 Lacs on Capex and Investments in Subsidiaries and Joint Ventures. Despite this \nsignificant spent, the Company was able to keep the gross debt level \nstable during the year.", "start_char_idx": 3533, "end_char_idx": 5718, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d5d584b9-6f54-4a40-9f6a-cae3e708fdc5": {"__data__": {"id_": "d5d584b9-6f54-4a40-9f6a-cae3e708fdc5", "embedding": null, "metadata": {"page_label": "24", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0643b679-cde9-4b8e-81ad-ceeb327b51fe", "node_type": null, "metadata": {"page_label": "24", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1403796f88a7d3ddcb0ee9358335e5347a65d4bb37c84d6ea76b79079130a52c"}, "3": {"node_id": "97632893-f642-4ebd-84e9-1bb4cf7cac01", "node_type": null, "metadata": {"page_label": "24", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c9b634b01afac916f043b8edbabfc6cd5c20a03f40500462aa98feab61aedc1e"}}, "hash": "f8423ff6132529e9980c219f8c687e28a1efba5fabf40f4bbf1a072346565398", "text": "23\nAnnual Report 2021-22\nCash and Cash Equivalents at the Consolidated level as at the 31st \nMarch, 2022 was Rs 410.39 Lacs vis-\u00e0-vis Rs. 596.90 Lacs in the \nprevious fiscal.\nDEPOSITS \nThe Company has not accepted any deposits, thus far, within \nthe meaning of Section 73 of the Companies Act, 2013 and the \nCompanies (Acceptance of Deposits) Rules, 2014.\nPARTICULARS OF LOANS, GUARANTEES AND \nINVESTMENTS\nParticulars of Loans, Guarantees and Investments made during \nthe year, under the provisions of Section 186 of the Companies \nAct, 2013 and Schedule V of the Securities and Exchange Board of \nIndia (Listing Obligations and Disclosure Requirements) Regulation, \n2015 are provided in Note 33 of the Financial Statements.\nRELATED PARTY TRANSACTION\nIn line with the provisions of Section 188(1) of the Companies \nAct, 2013 and Listing Regulations, all Related Party contracts / \narrangements / transactions entered by the Company during the \nfinancial year had been in the ordinary course of business and on \narm\u2019s length basis, with Audit Committee having a domain role. \nThe Board of Directors brought into picture, wherever necessary \nand/or obligatory. Therefore, the provision of Section 188 of the \nCompanies Act, 2013 were not attracted. There are no materially \nsignificant Related Party Transaction during the year under review made by the Company with Promoters, Directors or other \ndesignated person which may have a potential conflict with the \ninterest of the Company at large. Thus, disclosure in Form AOC-2 \nis not required. \nDuring the year, the Company has not entered into any contract \n/ arrangement / transaction with related parties, which could be \nconsidered material in accordance with the policy of the Company \non materiality of related party transactions. \nRelated party transactions were disclosed to the Board on regular \nbasis. Details of related party transactions may be referred to in \nNote 32 of the Standalone Financial Statements.\nMATERIAL CHANGES AND COMMITMENTS\nThere have been no significant or material changes in the operations, \ncommitments and governance aspects, after the financial year \nended the 31st March, 2022, except to the extent reported.\nIN-HOUSE R & D DIVISION:\nA state of the art R & D Division with dedicated team forms an \nintegral part of Sandhar T echnologies Limited. With real-time \nemphasis on Research and Development, supported with requisite \nGovernment approvals the innovations, are effected within defined \ntimelines.\nINFORMATION TECHNOLOGY\nThe Company continues to take full advantage of Information \nT echnology, leveraging it as a source of competitive advantage. As \nin earlier years, the enterprise wide Oracle ERP platform forms the \nbackbone of IT and encompasses all core business processes in the \nCompany and also provides a comprehensive data warehouse with \nanalytics capability that helps in better and speedier decisions.\nMultiple new initiatives have been taken, to ensure that the \ninvestments in creation, maintenance and upgradation of IT \nInfrastructure is kept at optimal level and relevant new technologies are adopted to facilitate risk mitigation, ensuring business continuity, achieve scalability in operations and ensuring that data security and \nprivacy are not compromised. \nCompany has already upgraded its ERP platform from On premise \nOracle EBS to Cloud based Oracle Fusion T echnology Platform, which covers all core business processes including end-to-end \nsolution for digital expense management giving employees easy data \nentry options, and financial managers detailed spend information \nand policy-driven control. \nCORPORATE GOVERNANCE\nCorporate governance is an ethically driven business process that is \ncommitted to values and aimed at enhancing an organization\u2019s brand \nand reputation. This is ensured by taking ethical business decisions \nand conducting business with firm commitment to values, while \nmeeting stakeholders\u2019 expectations. Further corporate governance \nis based on the principles of conducting the business with all \nintegrity, fairness and being transparent with all the transactions, \nmaking the necessary", "start_char_idx": 0, "end_char_idx": 4135, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "97632893-f642-4ebd-84e9-1bb4cf7cac01": {"__data__": {"id_": "97632893-f642-4ebd-84e9-1bb4cf7cac01", "embedding": null, "metadata": {"page_label": "24", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0643b679-cde9-4b8e-81ad-ceeb327b51fe", "node_type": null, "metadata": {"page_label": "24", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1403796f88a7d3ddcb0ee9358335e5347a65d4bb37c84d6ea76b79079130a52c"}, "2": {"node_id": "d5d584b9-6f54-4a40-9f6a-cae3e708fdc5", "node_type": null, "metadata": {"page_label": "24", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f8423ff6132529e9980c219f8c687e28a1efba5fabf40f4bbf1a072346565398"}}, "hash": "c9b634b01afac916f043b8edbabfc6cd5c20a03f40500462aa98feab61aedc1e", "text": "\nintegrity, fairness and being transparent with all the transactions, \nmaking the necessary disclosures and decisions, complying with \nthe laws of the land, accountability and responsibility towards the \nstakeholders and commitment of conducting the business in an ethical manner. At Sandhar, it is ensured that Company\u2019s affairs are managed in a fair and transparent manner. This is vital to continue to \ngain and retain the trust of its stakeholders. \nA separate section on Corporate Governance standards followed \nby your Company and the relevant disclosures, as stipulated under \nthe Listing Regulations, Companies Act, 2013 and Rules made \nthereunder, forms part of this Annual Report.\nA Certificate from M/s K.K. Sachdeva & Associates, Practicing \nCompany Secretary, confirming the compliance by the Company \nto the conditions of Corporate Governance as stipulated under \nthe Listing Regulations, is annexed to the Report on Corporate \nGovernance, which forms part of this Annual Report.\nDIRECTORS & KEY MANAGERIAL PERSONNEL\nThe Company\u2019s policy is to maintain an optimum combination \nof Executive and Non-Executive Directors on the Board. The \ncomposition of the Board and Key Managerial Personnel is as \nfollows\nNon-Executive  \n& Non Independent DirectorsShri Dharmendar Nath Davar (Chairman)Smt Monica DavarShri Neel Jay Davar\ni\nShri Sandeep Dinodiaii\nExecutive DirectorShri Jayant Davar  \n(Co-Chairman & Managing Director)\nNon-Executive Independent \nDirectorsShri Arjun Sharma\nShri Arvind Kapur\nShri Mohan Lal Bhagat\nSmt Archana CapoorShri Vimal MahendruShri Bharat AnandShri Ravinder Nagpal\niii\n(Till 02nd May, 2021)Shri Krishan Lal Chugh\niv \n(Till 08th September, 2021)\nKey Managerial Personnel (KMP)Shri Yashpal Jain, Chief Financial Officer Smt Komal Malik, Company Secretary and \nCompliance Officer\nCHANGE IN DIRECTORS & KMP\ni. Shri Neel Jay Davar (DIN: 09201336) was appointed as \nAdditional Director (Non \u2013 Executive, Non-Independent) w.e.f \nthe 06th August, 2021 and thereafter regularised as Director at \nAnnual General Meeting held on the 23rd September, 2021.", "start_char_idx": 4044, "end_char_idx": 6124, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f5af443e-483f-4afc-a380-cecf6053b8fc": {"__data__": {"id_": "f5af443e-483f-4afc-a380-cecf6053b8fc", "embedding": null, "metadata": {"page_label": "25", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8d163538-510f-4785-bfcf-756fb61a3535", "node_type": null, "metadata": {"page_label": "25", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3b7061f6d84af47e0c1b10319bd056db37786d6d3dd157ebb15b35b7460c2509"}, "3": {"node_id": "bd6a3b0a-fbaf-48f5-aa12-6d66c214b88d", "node_type": null, "metadata": {"page_label": "25", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b5b010b620419b667aa7fcf329cc8895d648f4b486e67adbd87707c19baf7360"}}, "hash": "8c31025724206ed0ee9e9385e77a85acdf2b859a75fa28f8e406b08d06ade245", "text": "Sandhar Technologies Limited24\nii. Shri Sandeep Dinodia (DIN:00005395) was appointed as \nAdditional Director (Non \u2013 Executive, Non-Independent) w.e.f \nthe 2nd February, 2022 and thereafter regularised as Director \nat Extra-Ordinary General Meeting held on the 28th April, 2022\niii. The Company lost Shri Ravinder Nagpal (DIN:00102970) Non-\nExecutive Independent Director due to his sudden demise on \nthe 2nd May, 2021.\niv. Shri Krishan Lal Chugh (DIN: 00140124), Non-Executive \nIndependent Director has resigned from the Board w.e.f the 08th September, 2021 due to his advanced age and related \nhealth issues. There was no other material reason(s) for his \nresignation except those disclosed in the resignation letter.\nAll the Non-Executive Independent Directors are qualified to be \nappointed as such under the relevant provisions of the Companies \nAct, 2013 read with the rules made thereunder and SEBI (Listing \nObligations and Disclosure Requirements) Regulations, 2015 (\u201cthe \nListing Regulations\u201d) and shall not be subject to determination for \nretirement of Directors by rotation. In terms of Section 149, 152, \n160 and other applicable provisions, if any of the Companies Act, \n2013, the Independent Directors been appointed for 5 years, are \nnot liable to retire by rotation.\nIn the opinion of the Board all Independent Directors possess strong \nsense of integrity and having requisite experience, qualification and \nexpertise. For further details, please refer Corporate Governance \nReport.\nRETIREMENT OF DIRECTORS BY ROTATION\nIn accordance with the provision of Section 152 of the Companies Act, 2013 and the Article of Association of the Company, Shri Neel \nJay Davar (DIN: 09201336) Non-Executive & Non-Independent \nDirector of the Company is liable to retire by rotation at the ensuing \nAnnual General Meeting of the Company and being eligible, has \noffered himself for re-appointment. Information as required under \nRegulation 36(3) of the Listing Regulations is provided in the Notice \nof 30th Annual General Meeting.\nMEETINGS OF THE BOARD \nRegular meetings of the Board were held to discuss and decide on various business policies, strategies, financial matters and other \nbusinesses. The schedule of the Board/Committee meetings \nproposed to be held in the upcoming quarter(s) was circulated to \nthe Directors in advance to enable them plan their schedule for \neffective participation in the meetings. Due to business exigencies, \nthe Board also passed some resolutions by circulation as required \nfrom time to time.\nDuring the year under review, Four Board Meetings were held and \nthe gap between the meetings was as per the period prescribed \nunder the Companies Act, 2013.\nS. No Date of Board Meeting Board \nStrengthNo. of \nDirectors \nPresent\n1. 21st May, 2021 10 10\n2. 6th August, 2021 11 11\n3. 12th November, 2021 10 9\n4. 2nd February, 2022 11 11\nAdditionally, several Committee meetings were held during the year \nincluding Audit Committee. \nAll recommendations of Audit Committee have been accepted by \nthe Board during the financial year 2021-22.The detailed information on the meetings of the Committees are \nincluded in the Report on Corporate Governance, which forms part \nof this Annual Report.\nPOLICY ON DIRECTOR\u2019S APPOINTMENT AND \nREMUNERATION\nThe current policy provides for an appropriate mix of Executive, \nNon-Executive and Independent Directors to maintain the \nindependence of the Board and to maintain the separate functions \nof governance and management. As on the 31st March, 2022, the \nBoard consists of Eleven members - comprising, Managing Director \nand four Non-Executive Non Independent Directors including one \nWoman Director and Six Non Executive Independent Directors. The \nBoard periodically evaluates the need for change in its composition \nand size. \nThe Policy of the Company on Director\u2019s appointment and \nremuneration including criteria for determining qualifications,", "start_char_idx": 0, "end_char_idx": 3922, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "bd6a3b0a-fbaf-48f5-aa12-6d66c214b88d": {"__data__": {"id_": "bd6a3b0a-fbaf-48f5-aa12-6d66c214b88d", "embedding": null, "metadata": {"page_label": "25", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8d163538-510f-4785-bfcf-756fb61a3535", "node_type": null, "metadata": {"page_label": "25", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3b7061f6d84af47e0c1b10319bd056db37786d6d3dd157ebb15b35b7460c2509"}, "2": {"node_id": "f5af443e-483f-4afc-a380-cecf6053b8fc", "node_type": null, "metadata": {"page_label": "25", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8c31025724206ed0ee9e9385e77a85acdf2b859a75fa28f8e406b08d06ade245"}}, "hash": "b5b010b620419b667aa7fcf329cc8895d648f4b486e67adbd87707c19baf7360", "text": "appointment and \nremuneration including criteria for determining qualifications, \npositive attributes, independence of Directors and other matters \nprovided under Section 178 (3) of the Companies Act, 2013 was \nadopted by the Board. The remuneration paid to the Directors is as \nper the provisions of Companies Act, 2013 and the rules thereunder. \nPolicy for Selection of Directors and determining Director\u2019s \nIndependence is annexed as Annexure-IA , and Remuneration Policy \nfor Director and Key Managerial Personnel\u2019s and other Employees is annexed as Annexure \u2013 IB .\nDECLARATION BY INDEPENDENT DIRECTORS\nThe Company has received necessary declarations from each \nIndependent Director as per the provisions of Section 149(7) of the \nCompanies Act, 2013, that they meet the criteria of Independence \nas laid down in Section 149(6) of the Companies Act, 2013 and \nRegulation 16 (1) (b) of the Listing Regulations.\nThere has been no change in the circumstances affecting their \nstatus as Independent Directors of the Company or to qualify under \nthe Companies Act, 2013 and the relevant regulations.\nSEPARATE MEETINGS OF INDEPENDENT DIRECTORS\nIn terms of requirement of Schedule IV of the Companies Act, \n2013, the Independent Directors of the company met separately \non the 2nd February, 2022 to inter alia review the performance of \nNon-Independent Directors (including the Chairman), the entire \nBoard, the quality, quantity and timelines of the flow of Information \nbetween the Management and Board.  \nDIRECTORS\u2019 REMUNERATION POLICY AND \nCRITERIA FOR MATTERS UNDER SECTION 178 OF COMPANIES ACT, 2013\nAs stipulated under Section 178 of the Companies Act, 2013 \nand based on the recommendation of the Nomination and \nRemuneration Committee, the Board has approved a Nomination \nand Remuneration Policy of the Company. The Policy documents \nthe mechanism for appointment, cessation, evaluation and \nremuneration of the Directors, Key Managerial Personnel and \nSenior Management of the Company. Information on the Policy \nand details of the criteria for determining qualifications, positive \nattributes and other matters in terms of Section 178 of the Act are \nprovided in the Corporate Governance Report.", "start_char_idx": 3842, "end_char_idx": 6046, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "bef68b0b-8da1-44e5-9e55-0089fd1eeb64": {"__data__": {"id_": "bef68b0b-8da1-44e5-9e55-0089fd1eeb64", "embedding": null, "metadata": {"page_label": "26", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "756034c0-97a2-40f4-85b5-0c49b02a2252", "node_type": null, "metadata": {"page_label": "26", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "54953f13a109fa46b26060134b92c1a586e4c4e701d1000e56285424c1ea27b4"}, "3": {"node_id": "a33a2358-74d3-42cf-9362-9f0960b0b231", "node_type": null, "metadata": {"page_label": "26", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7075a3347e0e83dcf3e3dfe0a23fcde8c130247905887c73536310f7d74bdb57"}}, "hash": "f76b368c7a17bdf16e7eec6aafb7b507716923847b69dc120ba8235d73675dad", "text": "25\nAnnual Report 2021-22\nINFORMATION ON BOARD MEETING PROCEDURE \nAND ATTENDANCE DURING THE FINANCIAL YEAR 2021-22\nThe Board meetings of the Company were conducted as per the \nprovisions of the Companies Act, 2013, the Listing Regulations \nand applicable Secretarial Standards. Information as mentioned \nin the Act, Schedule II to the Listing Regulations and all other \nmaterial information, as decided by the management and placed \nfor consideration of the Board. Details on the matters to be \ndiscussed along with relevant supporting documents, data and \nother information were furnished in the form of detailed agenda to \nthe Board and the Committees concerned, to enable directors take \ncritical decisions and accordingly advise the management.\nDetails regarding information furnished to the Board members, \nnumber of Committee and Board meetings held during the year \nalong with attendance record of each director has been disclosed in \nthe Corporate Governance Report of the Company.\nPERFORMANCE EVALUATION OF THE BOARD\nThe Company has devised a Policy for performance evaluation of Independent Directors, Board, Committees and other individual \nDirectors, which includes criteria for performance evaluation of the \nNon-Executive Directors and Executive Directors. \nThe Board has followed the above policy for the evaluation of its \nperformance and that of its Committees and individual Directors \nincluding Chairman. \nThe Company is committed to benchmark itself with best practices \nand standards in all areas including Corporate Governance. T o \nthis end, the Board has the analytical and functional support \nof Committee(s) of the Board, Audit Committee, Nomination \n& Remuneration Committee, Risk Management Committee & \nCorporate Social Responsibility Committee. The system brings \ninsight & effectiveness in to the designated areas of Corporate \nGovernance.\nCOMMITTEES OF THE BOARD\nThe Board has Seven Committees established in Compliance with the provisions of applicable laws/statutes, and to meet the business \nrequirements. These are :\n1. Audit  Committee, \n2. Nomina tion and Remuneration Committee, \n3. Corpor ate Social Responsibility Committee, \n4. Stak eholders Relationship Committee,\n5. Share T ransfer & Allotment Committee,\n6. Fina nce Committee and\n7. Risk Managem ent Committee.\nThe details with respect to the composition, terms of reference, \nnumber of meetings held etc. of these Committees are given in the \nReport on Corporate Governance, which forms part of this Annual \nReport.\nCODE OF CONDUCT FOR PREVENTION OF INSIDER TRADING \nAND FAIR DISCLOSURE OF UNPUBLISHED PRICE SENSITIVE \nINFORMATION\nIn terms of the SEBI (Prohibition of Insider Trading) Regulations, \n2015, the Company has adopted a \u201cCode of Conduct for Prohibition \nof Insider Trading\u201d , the Company has also adopted a \u201cCode of \nPractices and Procedure for Fair Disclosure of Unpublished Price \nSensitive Information\u201d .The Code of Conduct for Prohibition of Insider Trading and Code of Practices and Procedure for Fair Disclosure of Unpublished \nPrice Sensitive Information are drawn up on the principle that the \nCompany\u2019s directors and employees owe a fiduciary duty, amongst \nothers, to the shareholders of the Company to place the interest of \nshareholders above their own and conduct their personal securities \ntransactions in a manner that does not give rise to any conflict of \ninterest. These codes lay down the mechanism for ensuring timely \nand adequate disclosure of Unpublished Price Sensitive Information \n(\u201cUPSI\u201d) to the investor community by the Company to enable them \ntake informed investment decisions with regard to its securities.\nThe Code of Conduct for Prohibition of Insider Trading prescribes \nthe procedure for trading in securities of the Company and the disclosures to be made by persons covered under the Insider \nTrading Policy with respect to their shareholding in the Company, \nboth direct and indirect. \nDIRECTORS\u2019 RESPONSIBILITY STATEMENT\nPursuant to the provisions of Section 134(5)", "start_char_idx": 0, "end_char_idx": 4011, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a33a2358-74d3-42cf-9362-9f0960b0b231": {"__data__": {"id_": "a33a2358-74d3-42cf-9362-9f0960b0b231", "embedding": null, "metadata": {"page_label": "26", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "756034c0-97a2-40f4-85b5-0c49b02a2252", "node_type": null, "metadata": {"page_label": "26", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "54953f13a109fa46b26060134b92c1a586e4c4e701d1000e56285424c1ea27b4"}, "2": {"node_id": "bef68b0b-8da1-44e5-9e55-0089fd1eeb64", "node_type": null, "metadata": {"page_label": "26", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f76b368c7a17bdf16e7eec6aafb7b507716923847b69dc120ba8235d73675dad"}}, "hash": "7075a3347e0e83dcf3e3dfe0a23fcde8c130247905887c73536310f7d74bdb57", "text": "STATEMENT\nPursuant to the provisions of Section 134(5) the Directors state that:\n1. In the preparation of annual accounts for the year ended the \n31st March, 2022, the applicable Accounting Standards read with requirements set out under Schedule III to the Act, have \nbeen followed along with proper explanation relating to material \ndepartures.\n2. The Directors have selected such accounting policies and \napplied them consistently and made judgments and estimatesthat are reasonable and prudent so as to give a true and fair\nview of the state of affairs of the Company as at the 31st March, \n2022 and of the Profit of the Company for the year ended on \nthat date.\n3. The Directors have taken proper and sufficient care for the \nmaintenance of adequate accounting records in accordance with \nthe provisions of the Companies Act, 2013 for safeguarding the \nassets of the Company and for preventing and detecting fraud\nand other irregularities.\n4. The Directors have prepared the annual accounts on a going \nconcern basis.\n5. The Directors have laid down Internal Financial Controls to \nbe followed by the Company and that such Internal Financial Controls are adequate and operating effectively, and\n6. The Directors have devised proper systems to ensure \ncompliance with the provisions of all the applicable laws andthat such Systems are adequate and operating effectively.\nPOLICIES OF THE COMPANY\nThe Company is committed to high ethical standards in its business transactions guided by its value systems. The Listing Regulations \nmandate formulation of certain policies for listed companies. \nAccordingly, the Board of Directors has from time to time framed \nand approved policies as required by the Listing Regulations as \nwell as under the Act. These policies are reviewed by the Board at \nperiodic intervals.", "start_char_idx": 3957, "end_char_idx": 5770, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1289bb7a-788d-45c6-b863-558f712a8349": {"__data__": {"id_": "1289bb7a-788d-45c6-b863-558f712a8349", "embedding": null, "metadata": {"page_label": "27", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "510db95b-8ef5-4c7d-9efc-c134dcf0c16d", "node_type": null, "metadata": {"page_label": "27", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "528d88ce8469ddac331b6477a937ee32ad5946b35b6b3bb74a7b76fe80f22a13"}, "3": {"node_id": "7438c5f7-3a09-4d55-a63a-6bfbfe236a73", "node_type": null, "metadata": {"page_label": "27", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ff5658946c6f03c004d8504071873d6dd3e5b715e70a7f35af1ab76547aee3db"}}, "hash": "e4aa000ff1a353633108e03a0cab3913be35908c6f7915d01e1bb622c4705c66", "text": "Sandhar Technologies Limited26\nSome of the key policies that have been adopted till date are as \nfollows:\nS. No. Name of Policy\n1. Code of Conduct Policy\n2. Determination of Materiality and Dealing with Related \nParty Transactions\n3. Remuneration Policy\n4. Whistle Blower Policy\n5. Independent Director Policy\n6. Policy on Material Subsidiaries\n7. Code of Conduct for Prohibition of Insider Trading\n8. Corporate Social Responsibility Policy\n9. Policy for preservation of Documents and Archival of \nDocuments\n10. Policy on familiarisation of Independent Directors\n11. Policy for Determination of Materiality of Events\n12. Dividend Distribution Policy\n13. Risk Management Policy\n14. Board Diversity Policy\n15. Business Responsibility Policy\nThe Polices are available on the Company\u2019s website on the link  \nhttps://sandhargroup.com\nRISK MANAGEMENT \nPursuant to Section 134 (3) (n) of the Companies Act, 2013 the Company constituted a Risk Management Committee, with an \nobjective to assist the Board in: \n\u2022 Implem enting Risk Management Policy frameworks;\n\u2022 Ov erseeing and approving the Company\u2019s enterprise wide risk\nmanagement framework; and \n\u2022 Ov erseeing that all the risks that the Company faces such\nas strategic, financial, credit, market, liquidity, property, IT, \nlegal, regulatory, reputational, employee and other risks have \nbeen identified and assessed and there is an adequate risk \nmanagement infrastructure in place capable of addressing\nthose risks.\nFAMILIARISATION PROGRAMMES\nWith a view to familiarize the independent directors with the \nCompany\u2019s operations, as required under regulation 25(7) of the \nSEBI Listing Regulations, 2015, the Company held familiarization \nprogrammes for the Independent Directors on an ongoing and \ncontinuous basis. The details of the familiarization programmes is \nplaced on company website. https://sandhargroup.com\nVIGIL MECHANISM / WHISTLE BLOWER POLICY\nThe Vigil Mechanism of the Company, which also incorporates a Whistle Blower Policy is in place. There has been no case to report \nfor the Financial Year 2021-2022, no individual was denied access \nto the Audit Committee for reporting concerns, if any. \nDISCLOSURE UNDER SEXUAL HARASSMENT \nOF WOMEN AT WORK PLACE (PREVENTION, PROHIBITION & REDRESSAL) ACT, 2013\nThe Company has Zero tolerance towards sexual harassment at \nthe workplace and to this end, has adopted a policy in line with \nthe Prevention of Sexual Harassment of Women at Workplace \n(Prevention, Prohibition and Redressal) Act, 2013 and rules made thereunder. All employees (permanent, contractual, temporary, trainees, etc.) are covered under the said Policy. An Internal \nCommittee (IC) has also been set up to redress complaint received \non sexual harassment.\nDuring the financial year under review, the IC received no complaint \nof sexual harassment.\nAUDITORS & AUDITORS\u2019 REPORT\nSTATUTORY AUDITOR\nM/s. BSR & Co. LLP , Chartered Accountants (Firm\u2019s Registration No. \n101248W/W-100022), were appointed as the Statutory Auditors \nfor the period of five years commencing from the conclusion of \nthe 25th Annual General Meeting until the conclusion of the \n30th Annual General Meeting. Accordingly M/s BSR & Co. LLP is \ncompleting their first term of five years at the conclusion of this \nAnnual General Meeting.\nThe Audit Committee and the Board of Directors has recommended \nthe re-appointment of M/s. BSR & Co. LLP , Chartered Accountants as statutory Auditor of the Company for further term of five year \ncommencing from the conclusion of the 30th Annual General \nMeeting until the conclusion of 35th Annual General Meeting.\nThe Auditors\u2019 Reports for the financial year 2021-22, including the \none on Internal Financial Controls are self explanatory and does \nnot carry any", "start_char_idx": 0, "end_char_idx": 3746, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7438c5f7-3a09-4d55-a63a-6bfbfe236a73": {"__data__": {"id_": "7438c5f7-3a09-4d55-a63a-6bfbfe236a73", "embedding": null, "metadata": {"page_label": "27", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "510db95b-8ef5-4c7d-9efc-c134dcf0c16d", "node_type": null, "metadata": {"page_label": "27", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "528d88ce8469ddac331b6477a937ee32ad5946b35b6b3bb74a7b76fe80f22a13"}, "2": {"node_id": "1289bb7a-788d-45c6-b863-558f712a8349", "node_type": null, "metadata": {"page_label": "27", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e4aa000ff1a353633108e03a0cab3913be35908c6f7915d01e1bb622c4705c66"}}, "hash": "ff5658946c6f03c004d8504071873d6dd3e5b715e70a7f35af1ab76547aee3db", "text": "including the \none on Internal Financial Controls are self explanatory and does \nnot carry any observation/qualification/ adverse remarks etc. or \ninfirmity in the Company\u2019s affairs.\nSECRETARIAL AUDITORS\nAs required u/s 204 of the Companies Act 2013 and rules hereunder, \nM/s K.K Sachdeva & Associates, Practicing Company Secretaries \nshall be re-appointed as the Secretarial Auditors of the Company to \nconduct Secretarial Audits for the Financial Year 2022-2023 .\nSECRETARIAL AUDIT REPORT\nThe Secretarial Audit Report for the financial year ended 31st March, 2022 is set out in Annexure-II  to this report. The Secretarial Audit \nReports is self explanatory and does not contain any qualification, reservation or adverse remark or disclaimer.\nINTERNAL AUDITORS \nThe Board on the recommendation of Audit Committee approved the appointment of M/S GSA & Associates LLP , Chartered \nAccountants, Internal Auditors, for conducting the Internal Audit of \nthe Company for the Financial Year 2022-2023.\nCOST AUDITORS\nThe Board re-appointed M/s. Satija & Co, Chartered Accountants as the Cost auditors of the Company to conduct the cost audit of \nthe Company for the Financial Year 2022-23. The Company has \nmaintained accounts and records as specified under sub-section (1) \nof 148 of the Act.\nINTERNAL CONTROL SYSTEMS AND ADEQUACY \nTHEREOF\nThe Company\u2019s internal control systems as laid down are \ncommensurate with the nature of its business, the size and the \ncomplexity of its operations. These are tested and certified by \nStatutory as well as Internal Auditors and cover all factories and \nkey areas of business. Significant audit observations and follow up \naction thereon are reported to the Audit Committee. The Audit \nCommittee, as aforesaid, reviews adequacy and effectiveness of \nthe Company\u2019s internal control environment and monitors the", "start_char_idx": 3652, "end_char_idx": 5496, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "55f9dd40-3cc2-4cd5-b949-051db4b292ed": {"__data__": {"id_": "55f9dd40-3cc2-4cd5-b949-051db4b292ed", "embedding": null, "metadata": {"page_label": "28", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4dd32be8-825f-45f1-92d1-b0097b08a194", "node_type": null, "metadata": {"page_label": "28", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e70ec3b68c28a1a057120375702590ce5b00077223b82acb41b4497322505786"}, "3": {"node_id": "40e623fe-a5d2-4bf9-93a5-7608c7bca943", "node_type": null, "metadata": {"page_label": "28", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c5e8cb9a3c42309c53b322e904a297a20676a6a08ae27989ce996ef080664f76"}}, "hash": "77f514b471329a0f95d78d953e6905d8e2ac1ac86d78742211a06bcabf0e4399", "text": "27\nAnnual Report 2021-22\nimplementation of audit recommendations, including those relating \nto strengthening and adequacy of the Company\u2019s Risk Management \npolicies and systems.\nPARTICULARS OF EMPLOYEES AND RELATED \nDISCLOSURES\nA Statement containing Particulars of Employees as required under \nSection 197(12) read with Rule 5(1) of the Companies (Appointment \n& Remuneration of Managerial Personnel) Rules, 2014 is annexed \nas Annexure- III  of this Annual Report. \nFurther, a statement showing the names and other particulars of employees drawing remuneration in excess of the limits as set out \nin the Rules 5(2) and 5(3) of the aforesaid Rules forms part of this \nReport. However, in terms of first provision of section 136(1) of the \nAct, the Annual Report and Accounts are being sent to the members \nand others entitled thereto, excluding the aforesaid information. \nThe said information is available for inspection at the Registered \nOffice of the Company during business hours on working days up to \nthe date of the ensuing Annual General Meeting. A copy thereof, will \nbe sent to the members of the company on the request. \nCORPORATE SOCIAL RESPONSIBILITY (CSR) \nIn compliance with Section 135 of the Companies Act, 2013 read with the Companies (Corporate Social Responsibility Policy), Rules, \n2014, the Company has established Corporate Social Responsibility \nCommittee (the \u201cCSR Committee\u201d) and statutory disclosures \npertaining to the CSR Committee and an Annual Report on CSR \nactivities forms part of this Report as Annexure IV . \nThe CSR Policy as approved by the Board is available on the website \nof the Company i.e. www.sandhargroup.com\nCONSERVATION OF ENERGY, TECHNOLOGY \nABSORPTION, FOREIGN EXCHANGE INFLOW AND OUTFLOW AND RESEARCH & DEVELOPMENT\nThe information pertaining to conservation of Energy, T echnology \nAbsorption and Foreign Exchange Inflow and Outflow and Research \n& Development activities carried on by the Company pursuant to \nSection 134(3) (m) of the Companies Act, 2013 read with Rule 8(3) \nof the Companies (Accounts) Rules, 2014 annexed as Annexure V .  \nINVESTOR EDUCATION & PROTECTION FUND\nDuring the year under review there is no amount which is required \nto be transferred to the Investors Education & Protection Fund as \nper the provisions of section 125 (2) of the Companies Act, 2013.\nBUSINESS RESPONSIBILITY REPORT\nThe Business Responsibility Report as stipulated under regulation \n34 (2) (f) of SEBI (Listing Obligations and Disclosure Requirements) \nRegulations 2015, is presented in a separate section forming part of \nthe annual report.\nCREDIT RATING\nDuring the year under review India Rating & Research, a credit rating agency registered with SEBI had given the credit ratings as \nfollows: \nS. \nNo.Name of Facilities Credit Rating\n1. Working Capital \nFacilitiesLong T erm Ratings: IND AA-/stable\n2. Commercial Paper \nFacilitiesShort T erm Ratings: IND A1+DETAILS OF SIGNIFICANT AND MATERIAL ORDERS \nDISCLOSURES PASSED BY THE REGULATORS OR COURTS OR \nTRIBUNALS IMPACTING THE GOING CONCERN STATUS AND \nCOMPANY\u2019S OPERATIONS IN FUTURE\nThere was no significant and material order passed by the regulators \nor Courts or Tribunals impacting the going concern status and \nCompany\u2019s operations in future.\nSECRETARIAL STANDARDS ISSUED BY THE \nINSTITUTE OF COMPANY SECRETARIES OF INDIA \nThe Directors state that applicable Secretarial Standards have been \nfollowed during the financial year 2021-2022.\nANNUAL RETURN\nPursuant to the applicable provisions of the Act read with the rules made thereunder, the copy of the Annual Return is available on \nthe website of the Company. The weblink of such annual return is \nhttps ://sandhargroup.com\nFRAUD", "start_char_idx": 0, "end_char_idx": 3690, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "40e623fe-a5d2-4bf9-93a5-7608c7bca943": {"__data__": {"id_": "40e623fe-a5d2-4bf9-93a5-7608c7bca943", "embedding": null, "metadata": {"page_label": "28", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4dd32be8-825f-45f1-92d1-b0097b08a194", "node_type": null, "metadata": {"page_label": "28", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e70ec3b68c28a1a057120375702590ce5b00077223b82acb41b4497322505786"}, "2": {"node_id": "55f9dd40-3cc2-4cd5-b949-051db4b292ed", "node_type": null, "metadata": {"page_label": "28", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "77f514b471329a0f95d78d953e6905d8e2ac1ac86d78742211a06bcabf0e4399"}}, "hash": "c5e8cb9a3c42309c53b322e904a297a20676a6a08ae27989ce996ef080664f76", "text": "of such annual return is \nhttps ://sandhargroup.com\nFRAUD REPORTING\nDuring the year under review, no fraud has been reported by \nAuditors under sub-section (12) of Section 143 of the Companies \nAct, 2013.\nCAUTIONARY STATEMENT\nStatements in the Annual Report, including those which relate to Management Discussion and Analysis, describing the Company\u2019s \nobjectives, projections, estimates and expectations, may constitute \n\u2018forward looking statements\u2019 within the meaning of applicable laws \nand regulations. Although the expectations are based on reasonable \nassumptions, the actual results might differ.\nPERSONNEL & INDUSTRIAL RELATIONS\nCordial atmosphere across functional verticals / units contributed, to the overall satisfactory performance of the Company.  The \nDirectors place on record their deep appreciation of the inspiring \nand motivating leadership provided by the Co-Chairman & \nManaging Director, ably supported by Chief Financial Officer and \nCompany Secretary and the commendable team work done by the \nexecutives, staff and workers at all levels in various units at different \nlocations.\nACKNOWLEDGEMENT\nYour Directors are grateful for the co-operation and guidance received from the Banks. The Board specially wishes to place \non record their sincerest gratitude for the patronage it received \nfrom Hero MotoCorp Limited, Honda Cars India Limited, Honda \nMotorcycle & Scooters Limited, TVS Motor Company Limited, JCB \nIndia and Royal Enfield.\nFor and on behalf of the Board of Directors of\nSandhar T echnologies Limited\nSd/-  Sd/ - \nD. N. Davar  Ja yant Davar\nChairman   Co-Cha irman &  \nDIN: 00002008 Managing D irector \nDIN: 00100801\nPlace : Gurgaon Date: 18th May 2022", "start_char_idx": 3633, "end_char_idx": 5322, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ac54e3bb-e1a7-42db-8ae1-b858e3fc5cbb": {"__data__": {"id_": "ac54e3bb-e1a7-42db-8ae1-b858e3fc5cbb", "embedding": null, "metadata": {"page_label": "29", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "06444c1a-f185-4ca5-9f2b-cf4518702587", "node_type": null, "metadata": {"page_label": "29", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c7bc676a8eda985dd4a3918931031db904aa9c69fce0c473df3fad68e7385dea"}, "3": {"node_id": "e606c1f9-bbf3-4ed2-92f8-463c761cc493", "node_type": null, "metadata": {"page_label": "29", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4bd930584159599dfc9b0391218252e1fcb82a38b551848faff7494ab64f2ec4"}}, "hash": "feb21aba5f1929164b8911c60e0437c5cef01354631e3d374dd0dc6ed3cf9db3", "text": "Sandhar Technologies Limited28\nAnnexure IA to Directors\u2019 Report, 2022\nPolicy for Selection of Directors and determining Director\u2019s Independence\nBACKGROUND\nSandhar T echnologies Limited {including its subsidiaries} \n(hereinafter referred as the \u2018Company\u2019) believes in the conduct \nof its affairs in a fair and transparent manner by adopting highest \nstandards of professionalism, honesty, integrity and ethical in \ncomplete compliance of laws. \nObjective\nIn order to comply with the requirements of Section 178 of the \nCompanies Act, 2013 and Regulation 19 of the SEBI Listing \nRegulations and any other applicable provisions, the Nomination \nand Remuneration Committee of the Board of Directors of the \nCompany (the \u201cCommittee\u201d) had formulated this policy (the \u201cPolicy\u201d).\nThe key objectives of the Policy are as follows:\nT o  formulate the criteria for determining qualifications, \ncompetencies, positive attributes and independence for appointment \nof a Director (Executive / Non-Executive) and recommend to the \nBoard of Directors of the Company (the \u201cBoard\u201d), policies relating to \nthe remuneration (payable in whatever form) of the Directors, Key \nManagerial Personnel and other Employees.\na) T o formulate criteria for evaluation of the members of the \nBoard and provide necessary report to the Board for further \nevaluation by the Board.\nb) T o provide for Key Managerial Personnel and Senior\nManagement reward linked incentives directly linked to their effort, performance, dedication and achievement relating to \nthe Company\u2019s operations.\nc) T o retain, motivate and promote talent and to ensure long \nterm sustainability of talented managerial persons and create \ncompetitive advantage.\nd) T o devise a Policy on Board Diversity.\ne) T o develop a succession plan for the Board and to regularly \nreview the plan.\nf) T o determine whether to extend or continue the term of \nappointment of the Independent Director(s), on the basis of the report of performance evaluation of Independent Directors.\nAUTHORITY FOR LAYING DOWN THE CRITERIA FOR PERFORMANCE EVALUATION OF BOARD & INDEPENDENT \nDIRECTORS\nThe Nomination & Remuneration Committee of the Company shall \nformulate the criteria for performance evaluation of the Board & \nIndependent Directors, which shall be approved by the Board. The evaluation shall be done by the entire Board (excluding the director \nbeing evaluated). The criteria shall be reviewed by the Nomination & \nRemuneration Committee and the Board from time to time.BRIEF OVERVIEW OF THE PROVISIONS OF COMPANIES ACT, \n2013 & REGULATION 19 OF SEBI (LISTING OBLIGATIONS AND \nDISCLOSURE REQUIREMENTS) REGULATIONS, 2015\nIn order to comply with the requirements of Section 178 of the \nCompanies Act, 2013 and Regulation 19 read with Schedule II to \nthe SEBI Listing Regulations, the Nomination and Remuneration \nCommittee has laid down the criteria for performance evaluation \nof the Board as a whole, its Committees and individual directors. \nBased thereon, the evaluation is carried out by the Nomination and \nRemuneration Committee and the Board. \nThe Nomination and Remuneration Committee shall identify \npersons who are qualified to become directors and who may be \nappointed in senior management in accordance with the criteria laid \ndown, recommend to the Board their appointment and removal and \nshall specify the manner for effective evaluation of performance of \nBoard, it\u2019s committees and individual director\u2019s Section 178 of the \nCompanies act, 2013 (Meetings of Board and its Powers) Rules \n2014).\nThe performance evaluation of independent directors (as defined \nin these provisions) shall be done by the entire Board of Directors, \nexcluding the director being evaluated. On the basis of the report of \nperformance evaluation, it shall be determined whether to extend \nor continue the term of appointment of the independent director \nSection 149 of the Companies act 2013 read with  \u2013 Schedule IV & Companies (Appointment and Qualification of Directors) Rules 2014", "start_char_idx": 0, "end_char_idx": 3999, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e606c1f9-bbf3-4ed2-92f8-463c761cc493": {"__data__": {"id_": "e606c1f9-bbf3-4ed2-92f8-463c761cc493", "embedding": null, "metadata": {"page_label": "29", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "06444c1a-f185-4ca5-9f2b-cf4518702587", "node_type": null, "metadata": {"page_label": "29", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c7bc676a8eda985dd4a3918931031db904aa9c69fce0c473df3fad68e7385dea"}, "2": {"node_id": "ac54e3bb-e1a7-42db-8ae1-b858e3fc5cbb", "node_type": null, "metadata": {"page_label": "29", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "feb21aba5f1929164b8911c60e0437c5cef01354631e3d374dd0dc6ed3cf9db3"}}, "hash": "4bd930584159599dfc9b0391218252e1fcb82a38b551848faff7494ab64f2ec4", "text": "with  \u2013 Schedule IV & Companies (Appointment and Qualification of Directors) Rules 2014 \n& Regulation 19 read with Schedule II to the Listing Regulations.\nCode for Independent Directors has been laid down. (Section 149 \u2013 \nSchedule IV & Regulation 19 read with Schedule II to the SEBI Listing \nRegulations.\nQualifications for appointment of Directors (including \nIndependent Directors):\n\u2022 P ersons of eminence, standing and knowledge with significant \nachievements in business, professions and/or public service.\n\u2022 Their financia l or business literacy/skills.\n\u2022 Their indust ry experience.\n\u2022 Appropria te other qualification/experience to meet the \nobjectives of the Company.\n\u2022 P ersons whose name is included in the data bank as per\nRule 6 of the Companies (Appointment and Qualification of \nDirectors) Rules,2014.\nThe Nomination and Remuneration Committee shall have discretion to consider and fix any other criteria or norms for \nselection of the most suitable candidate/s.", "start_char_idx": 3912, "end_char_idx": 4888, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "bb3adc52-08a7-4afa-ac7e-559c90029d2b": {"__data__": {"id_": "bb3adc52-08a7-4afa-ac7e-559c90029d2b", "embedding": null, "metadata": {"page_label": "30", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "df6a3958-15a4-4294-a925-0c749c8aa4d2", "node_type": null, "metadata": {"page_label": "30", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "01456ac759499ed7a9c60bdd3407011898717e50585be7be250f48d1d896709c"}, "3": {"node_id": "53e398f2-20f0-4590-82f2-7f1097c9ac35", "node_type": null, "metadata": {"page_label": "30", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "0458e07966affa81ecbad01faaf7b275ef851e4a864654faaf6870010647cafd"}}, "hash": "daa537b9f320b58a304df1cdc60d4db6a95c1ab5dd9b4f946d8b93ae8aaebf90", "text": "29\nAnnual Report 2021-22\nPositive attributes of Directors (including Independent \nDirectors):\n\u2022 Directors are to demonstrate integrity, credibility, \ntrustworthiness, ability to handle conflict constructively, and the willingness to address issues proactively.\n\u2022 Activ ely update their knowledge and skills with the latest\ndevelopments in the industry, market conditions and applicable legal provisions.\n\u2022 Willingness to devote sufficient time and attention to the \nCompany\u2019s business and discharge their responsibilities.\n\u2022 T o assist in bringing independent judgment to bear on\nthe Board\u2019s deliberations especially on issues of strategy, performance, risk management, resources, key appointments \nand standards of conduct.\n\u2022 Abilit y to develop a good working relationship with other Board \nmembers and contribute to the Board\u2019s working relationship \nwith the senior management of the Company.\n\u2022 T o act within their authority, assist in protecting the legitimate \ninterests of the Company, its shareholders and employees.\n\u2022 Independent Directors to meet the requirements of the \nCompanies Act, 2013 read with the Rules made there under and SEBI Listing Regulations as amended from time to time.\nFor appointment of KMP/Senior Management:\n\u2022 T o possess the required qualifications, experience, skills \nand expertise to effectively discharge their duties andresponsibilities.\n\u2022 T o practice and encourage professionalism and transparent\nworking environment.\n\u2022 T o build teams and carry the team members along for achieving \nthe goals/objectives and corporate mission. \n\u2022 T o adhere strictly to code of conduct.\nINDIVIDUAL DIRECTOR EVALUATION & OVERALL BOARD EVALUATION PROCESS\nThe criteria are based for assessment of peer directors and \nassessment of the overall performance of the Board.\nEach Director has to complete an evaluation sheet by giving the \nappropriate rating number related to each of the criteria mentioned \nbelow that most closely reflects : -\n\u2022 performance of individua l peer directors, and \n\u2022 o verall performance of the Board.\nFor each of the criteria, rating number ranges between 1 and 5 as follows : -\n01-indicating minimum positive.\n05-indicating maximum positive.\n00- indicating where the particular criterion is not applicable or\nDirector does not have enough knowledge or information.\nSeparate sheet would be provided to each director for evaluation.\nThe ratings will be compiled and placed before the Board for \ndiscussions and evaluation.\nThe evaluation exercise is to be completed within a time frame.RATING CRITERIA (Ratings from 1-5)\nINDIVIDUAL PEER REVIEW (by all directors)\n\u2022 Whether the Directors uphold ethical standards of honesty\nand virtue?\n\u2022 Whether the Directors have appropriate qualifications to \nmeet the objectives of the Company?\n\u2022 Whether they have financial/accounting or business literacy/\nskills?\n\u2022 Whether the y have automotive industry knowledge?\n\u2022 How actively and successfully do they refresh their knowledge \nand skill & are they up-to-date with the latest developments\nin areas such as the corporate governance framework and\nfinancial reporting and in the automotive industry and market \nconditions?\n\u2022 How well prepared and well informed are they for Board/\nCommittee meetings?\n\u2022 Do the y show willingness to spend time and effort learning\nabout the Company and its business?\n\u2022 Is the attendance of Directors at Board /Committee meetings \nsatisfactory?\n\u2022 Do they actively participate in the Board /Committee meetings?\n\u2022 Ca n they present their views convincingly, yet diplomatically?\n\u2022 Do the y listen to the views of others? \n\u2022 How cordial are their relationships with other Board/\nCommittee members and Senior Management? \n\u2022 What have been the quality and value of Director\u2019s\ncontributions at Board/Committee meetings? \n\u2022 What has been their contribut ion to the development of\nstrategy and risk management and how successfully theyhave brought their knowledge and experience to bear in the\nconsideration of these areas? \n\u2022 Where necessary, how resolute are they in holding to   their \nviews and resisting pressure from others? \n\u2022 How effectively have they", "start_char_idx": 0, "end_char_idx": 4115, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "53e398f2-20f0-4590-82f2-7f1097c9ac35": {"__data__": {"id_": "53e398f2-20f0-4590-82f2-7f1097c9ac35", "embedding": null, "metadata": {"page_label": "30", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "df6a3958-15a4-4294-a925-0c749c8aa4d2", "node_type": null, "metadata": {"page_label": "30", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "01456ac759499ed7a9c60bdd3407011898717e50585be7be250f48d1d896709c"}, "2": {"node_id": "bb3adc52-08a7-4afa-ac7e-559c90029d2b", "node_type": null, "metadata": {"page_label": "30", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "daa537b9f320b58a304df1cdc60d4db6a95c1ab5dd9b4f946d8b93ae8aaebf90"}}, "hash": "0458e07966affa81ecbad01faaf7b275ef851e4a864654faaf6870010647cafd", "text": "  their \nviews and resisting pressure from others? \n\u2022 How effectively have they followed up matters about which \nthey have expressed concern?\n\u2022 How well do they communicate with other Board/Committee \nmembers, senior management and others? \nBOARD/COMMITTEEE V ALUATION (by all directors):\n\u2022 Whether Board / Committee have diversity of experiences,\nbackgrounds & appropriate composition?\n\u2022 Whether Board / Committee monitor compliance with \ncorporate governance, laws, regulations and guidelines?\n\u2022 Whether Board / Committee demonstrate integrity, credibility, \ntrustworthiness, an ability to handle conflict constructively, \nand the willingness to address issues proactively?\n\u2022 Whether Board / Committee dedicate appropriate time and \nresources needed to execute their responsibilities?\n\u2022 Whether Agenda and rela ted information are circulated in\nadvance of Board / Committee meetings to allow Directors sufficient time to study and understand the information?", "start_char_idx": 4036, "end_char_idx": 4996, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3ee00df2-0355-4ba0-bd1f-70ef366d2f92": {"__data__": {"id_": "3ee00df2-0355-4ba0-bd1f-70ef366d2f92", "embedding": null, "metadata": {"page_label": "31", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "5a749d99-55ab-4b29-b3c3-08570e1036e0", "node_type": null, "metadata": {"page_label": "31", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bf99a4210e5a23066cf1d5206680e2055fcb2998f5d8a2f67b4e0f1c2e641bad"}, "3": {"node_id": "ded3477a-5c1f-4be8-882f-8653da901f6e", "node_type": null, "metadata": {"page_label": "31", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "562fc85cb223010c3416a71f04a7ef299143ef44782a3bf9d816ef8747344e8f"}}, "hash": "bb9c114ffe66f53b5283136ed1b0a91891999460eb1ababefdba5af11fa18757", "text": "Sandhar Technologies Limited30\n\u2022 Whether written materials provided to Board / Committee \nmembers are relevant and concise?\n\u2022 Whether the Chairman encourages inputs on agenda of Board \n/ Committee meetings from their members, management, the \ninternal auditors, and the independent auditor?\n\u2022 Whether meetings of Board / Committee are conducted \neffectively, with sufficient time spent on significant matters?\n\u2022 How well does management respond to request from the \nBoard/ Committee for clarification or additional information?\n\u2022 Whether proper minut es are maintained of each meeting of\nBoard / Committee?\n\u2022 Whether Board / Committee meetings are held with enough \nfrequency to fulfil the Board\u2019s /Committee\u2019s duties?\n\u2022 Whether Board / Committee {as required} consider the quality \nand appropriateness of financial/ accounting and reporting,including the transparency of disclosures?\n\u2022 Whether Board / Committee consider the statutory audit plan \nand provide recommendations?\n\u2022 Whether Board / Committee ensure that management takes \naction to achieve resolution when there are repeat comments from statutory auditors?\n\u2022 Whether adjustments to the financial statements that resulted \nfrom the statutory audit are reviewed by the Audit Committee, regardless of whether they were recorded by management?\n\u2022 Whether Board / Committee oversee the role of the statutory \nauditors and have an effective process to evaluate the auditor\u2019s qualifications and performance?\n\u2022 Whether Board / Committee review the audit fees paid to the \nstatutory auditors?\n\u2022 Whether Board/ Committee consider internal audit reports, \nmanagement\u2019s responses, and steps toward improvement?\n\u2022 Whether Board/ Committee oversee the process and are \nnotified of communications received from governmental or regulatory agencies related to alleged violations or areas of\nnon-compliance?\n\u2022 Whether the contributions of the Board/ Committee to \nensuring robust and effective risk management are adequate?\nEVALUATION CRITERIA FOR INDEPENDENT DIRECTORS\nEach Independent director shall be evaluated by all other Directors \nof the Board but not by the Independent Director themselves.\nSection 150 of the Companies Act, 2013 provides that \u201can \nindependent director can be selected from a data bank maintained \nby any-body, institute or association, as may be notified by the \nCentral Government. The data bank would contain names, addresses \nand qualifications of persons who are eligible and willing to act as \nindependent directors. The company needs to ensure exercise of \ndue diligence before selecting an independent director from the \ndata bank\u201d .Rating Criteria for PEER REVIEW (by all Directors) as stated hereinabove shall also apply to Independent directors to the extent \nthere is no overlapping with the Rating Criteria of Independent \nDirectors as stated hereinafter.\nWhether Independent director/s (ID) follow/professional Conduct, \ncarry out their Roles and Functions and Duties as required in section \n149 and Schedule IV of the Companies Act 2013 & given herein \nbelow?\nEvaluation based on professional conduct\n\u2022 Whether ID upholds ethical standards of integrity and probity?\n\u2022 Whether ID acts objectively and constructively while exercising \ntheir duties?\n\u2022 Whether ID exercises his/her responsibilities in a bona fide \nmanner in the interest of the Company?\n\u2022 Whether ID devotes sufficient time and attention to his/her \nprofessional obligations for informed and balanced decision\nmaking?\n\u2022 Whether ID not allow any extraneous considerations that will \nvitiate his/her exercise of objective independent judgment in the paramount interest of the Company as a whole, while \nconcurring in or dissenting from the collective judgment of the \nBoard in its decision making?\n\u2022 Whether ID does not abuse his/her positions to the detriment \nof the Company or its shareholders or for the purpose ofgaining direct or indirect personal advantage or advantage for \nany associated person?\n\u2022 Whether ID refrains from any action that would lead to loss of \nhis/her independence?\n\u2022 Where circumstances arise which make an independent\ndirector lose his/her independence, whether the independent \ndirector has immediately informed the Board accordingly?\n\u2022 Whether ID assists the Company in implementing the best \ncorporate", "start_char_idx": 0, "end_char_idx": 4279, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ded3477a-5c1f-4be8-882f-8653da901f6e": {"__data__": {"id_": "ded3477a-5c1f-4be8-882f-8653da901f6e", "embedding": null, "metadata": {"page_label": "31", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "5a749d99-55ab-4b29-b3c3-08570e1036e0", "node_type": null, "metadata": {"page_label": "31", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bf99a4210e5a23066cf1d5206680e2055fcb2998f5d8a2f67b4e0f1c2e641bad"}, "2": {"node_id": "3ee00df2-0355-4ba0-bd1f-70ef366d2f92", "node_type": null, "metadata": {"page_label": "31", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bb9c114ffe66f53b5283136ed1b0a91891999460eb1ababefdba5af11fa18757"}}, "hash": "562fc85cb223010c3416a71f04a7ef299143ef44782a3bf9d816ef8747344e8f", "text": "accordingly?\n\u2022 Whether ID assists the Company in implementing the best \ncorporate governance practices?\nEvaluation based on Role and functions\n\u2022 Whether ID helps in bringing an independent judgment to bear \non the Board\u2019s deliberations especially on issues of strategy, performance, risk management, resources, key appointments \nand standards of conduct?\n\u2022 Whether ID brings an objective view in the evaluation of the \nperformance of Board and management?\n\u2022 Whether ID organization the performance of management in \nmeeting agreed goals and objectives and monitor the reporting \nof performance?\n\u2022 Whether ID satisfies himself/herself on the integrity of \nfinancial information and that financial control and the systems of risk management are robust and defensible?", "start_char_idx": 4198, "end_char_idx": 4963, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a4618811-4929-4fcd-bd7d-25d773190d22": {"__data__": {"id_": "a4618811-4929-4fcd-bd7d-25d773190d22", "embedding": null, "metadata": {"page_label": "32", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "440fc9b8-9b67-47bd-aa3e-04d6cb406e6f", "node_type": null, "metadata": {"page_label": "32", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c7a295fa85a8a10b3f71a0248c546ac948167e08926bd0235b20f2245a9f18fb"}}, "hash": "c7a295fa85a8a10b3f71a0248c546ac948167e08926bd0235b20f2245a9f18fb", "text": "31\nAnnual Report 2021-22\n\u2022 Whether ID has taken actions to safeguard the interests of all \nstakeholders, particularly the minority shareholders?\n\u2022 Whether IDs balances the conflicting interest of the \nstakeholders?\n\u2022 Whether ID during the Board/ Committee meetings along \nwith other members determines appropriate levels of\nremuneration of executive directors, key managerial personnel \nand senior management and has a prime role in appointing and \nwhere necessary recommend removal of executive directors, \nkey managerial personnel and senior management?\n\u2022 Whether ID moderates and arbitrates in the interest of \nthe Company as a whole, in situations of conflict between \nmanagement and shareholder\u2019s interest?\nEvaluation based on Duties \n\u2022 Whether ID undertakes appropriate induction and regularly \nupdate and refresh his/her skills, knowledge and familiarity with the Company?\n\u2022 Whether ID seeks appropriate clarification or amplification of \ninformation and, where necessary, take and follow appropriate professional advice and opinion of outside experts?\n\u2022 Whether IDs strive to attend all meetings of the Board of \nDirectors and of the Committees of which he/she is a member?\n\u2022 Whether ID participates constructively and actively in the \nCommittees of the Board in which he/she is chairperson or member?\n\u2022 Whether ID strives to attend the general meetings of the \nCompany?\n\u2022 Where ID has concerns about the running of the Company \nor a proposed action, whether he/she ensures that these are addressed by the Board and, to the extent that they are not \nresolved, insist that their concerns are recorded in the minutes \nof the Board meeting?\u2022 Whether ID does not unfairly obstruct the functioning of an \notherwise proper Board or Committee of the Board?\n\u2022 Whether ID gives sufficient attention and ensure that \nadequate deliberations are held before approving relatedparty transactions and assure himself/herself that the same \nare in the interest of the Company?\n\u2022 Whether ID ascertains and ensures that the Company has an \nadequate and functional vigil mechanism and also ensures that \nthe interests of a person who uses such mechanism are not\nprejudicially affected on account of such use?\n\u2022 Whether ID reports concerns about unethical, actual or \nsuspected fraud or violation of the Company\u2019s Code of\nConduct?\n\u2022 Whether ID acts within his/her authority, assist in protecting \nthe legitimate interests of the Company, shareholders and its employees?\n\u2022 Whether ID does not disclose confidential information, \nincluding commercial secrets, technologies, advertising and sales promotion plans, unpublished price sensitive information, \nunless such disclosure is expressly approved by the Board or \nrequired by law?\nCOMPLIANCES\nAll evaluation shall be done annually.\nCriteria and Evaluation shall be disclosed in the Annual Report of \nthe Company.\nOn the basis of the report of performance evaluation, it shall be \ndetermined by the Nomination & Remuneration Committee & \nBoard whether to extend or continue the term of appointment of \nthe independent director subject to all other applicable compliances.", "start_char_idx": 0, "end_char_idx": 3108, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "07e32f4c-3bc6-49b6-b8fc-accccee8d910": {"__data__": {"id_": "07e32f4c-3bc6-49b6-b8fc-accccee8d910", "embedding": null, "metadata": {"page_label": "33", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "38df1169-5faf-496e-96ad-0fddf5a7d7fe", "node_type": null, "metadata": {"page_label": "33", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b8cc57976ca5620188d9e74663024cc15f83eb0670e462700fa4b71a23891fd4"}, "3": {"node_id": "c2280ec0-45df-4c53-8d27-573f1cd4a8bc", "node_type": null, "metadata": {"page_label": "33", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "50a095658a00637d099710e387e8023e5e89b71c56a96a83a13918245d954123"}}, "hash": "2ebcd3d61ad564b595548887b364a24084112513973d45eae33e1d4e67cb2309", "text": "Sandhar Technologies Limited32\nAnnexure IB to Directors\u2019 Report, 2022\nRemuneration Policy for Directors, Key Managerial Personnel and other \nEmployees\nBACKGROUND \nSandhar T echnologies Limited {including its subsidiaries} (hereinafter \nreferred as the \u2018Company\u2019) believes in the conduct of its affairs in \na fair and transparent manner by adopting highest standards of \nprofessionalism, honesty, integrity and ethical and in complete \ncompliance of laws.\nBRIEF OVERVIEW OF PROVISIONS UNDER COMPANIES ACT, \n2013\nSection 178 of Companies Act, 2013 & Companies (Meetings of \nBoard and its Powers) Rules, 2014 provides for :\nConstitution of Nomination and Remuneration Committee \nconsisting of three or more non-executive directors out of which not \nless than one-half shall be independent directors.\nThe Nomination and Remuneration Committee shall identify persons \nwho are qualified to become directors and who may be appointed \nin senior management in accordance with the criteria laid down, \nrecommend to the Board their appointment and removal and shall \nspecify the manner for effective evaluation of performance of Board, \nits committees and individual directors to be carried out either by \nthe Board, by the Nomination and Remuneration Committee or by \nan independent external agency and review its implementation and \ncompliance.\nThe Nomination and Remuneration Committee shall formulate \nthe criteria for determining qualifications, positive attributes and \nindependence of a director and recommend to the Board a policy, \nrelating to the remuneration for the directors, key managerial \npersonnel and other employees.\nThe Nomination and Remuneration Committee shall, while \nformulating the policy ensure that:-\n\u2022 the le vel and composition of remuneration is reasonable\nand sufficient to attract, retain and motivate directors of the \nquality required to run the company successfully;\n\u2022 rela tionship of remuneration to performance is clear and\nmeets appropriate performance benchmarks; and\n\u2022 remuner ation to directors, key managerial personnel and \nsenior management involves a balance between fixed and incentive pay reflecting short and long-term performance \nobjectives appropriate to the working of the company and its\ngoals.\n\u2022 such policy shall be placed on the website of the company the \nsalient features of the policy and changes therein, if any, along with the web address of the policy shall be disclosed in the\nBoard\u2019s report.\nPRESENT POSITION OF DIRECTORS & KMP OF THE COMPANY \nThere exists a Nomination and Remuneration Committee of the \nBoard of Directors (Board). \nAs on the 31st March, 2022 there are total 11(Eleven) directors as members of the Board of Directors of the Company {Board} out \nof which there are 6(Six) Non-Executive Independent Directors. \nThe Board includes 4 (Four) Non \u2013Executive & Non-Independent \nDirectors, and 1 (One) Executive Director, who are not independent. \nThe Key Managerial Personnel (KMP) comprises of Managing \nDirector, Chief Financial Officer and Company Secretary. \nTERMS OF REFERENCE OF NOMINATION AND \nREMUNERATION COMMITTEE\n\u2022 F ormulation of the criteria for determining qualifications,\npositive attributes and independence of a director andrecommend  to  the  Board  of  Directors  a  policy relating  to, \nthe  remuneration  of  the  directors,  key  managerial  personnel  \nand  other employees\n\u2022 F ormulation of criteria for evaluation of performance of\nindependent  directors, board of directors, its committees and individual directors to be carried out either by the Board, \nby the Nomination and Remuneration Committee or by an\nindependent external agency and review its implementation\nand compliance\n\u2022 De vising a policy on diversity of Board of Directors; \n\u2022 Identifying persons who are qualified to become directors and \nwho may be appointed in senior management in accordance\nwith the  criteria  laid  down,  and recommend to the board of \ndirectors their appointment and removal. \n\u2022 Whether to e xtend or continue the term of appointment\nof the Independent Director, on the basis of the report of \nperformance", "start_char_idx": 0, "end_char_idx": 4088, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c2280ec0-45df-4c53-8d27-573f1cd4a8bc": {"__data__": {"id_": "c2280ec0-45df-4c53-8d27-573f1cd4a8bc", "embedding": null, "metadata": {"page_label": "33", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "38df1169-5faf-496e-96ad-0fddf5a7d7fe", "node_type": null, "metadata": {"page_label": "33", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b8cc57976ca5620188d9e74663024cc15f83eb0670e462700fa4b71a23891fd4"}, "2": {"node_id": "07e32f4c-3bc6-49b6-b8fc-accccee8d910", "node_type": null, "metadata": {"page_label": "33", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2ebcd3d61ad564b595548887b364a24084112513973d45eae33e1d4e67cb2309"}}, "hash": "50a095658a00637d099710e387e8023e5e89b71c56a96a83a13918245d954123", "text": "term of appointment\nof the Independent Director, on the basis of the report of \nperformance evaluation of independent directors. \n\u2022 Recommend to the board, all remuneration, in whatever form, \npayable to senior management. \n\u2022 T o develop a succession plan for the Board and to regularly \nreview the plan.\nCRITERIA FOR DETERMINING THE FOLLOWING: -\nQualifications for appointment of Directors (including \nIndependent Directors): - \n\u2022 No specific qua lification/s for Directors. \n\u2022 P ersons who are of eminence, standing and knowledge with \nsignificant achievements in business, professions and/or public service. \n\u2022 Their financia l or business literacy/skills.\n\u2022 Their automotiv e / allied industry experience.\n\u2022 Appropria te other qualification/experience to meet the \nobjectives of the Company. \n\u2022 Applica ble provisions of Companies Act 2013, its Rules and \nSEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.", "start_char_idx": 3997, "end_char_idx": 4930, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e2554e0b-55cd-41d4-8f15-44cf429d664b": {"__data__": {"id_": "e2554e0b-55cd-41d4-8f15-44cf429d664b", "embedding": null, "metadata": {"page_label": "34", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "95ff6648-4c32-449f-8b7d-91a58ad65d2a", "node_type": null, "metadata": {"page_label": "34", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ca0dbd84c351944b0bfd802a4da6f988812d58f5804e81a11babada714893ba6"}, "3": {"node_id": "01ec22d3-fedc-44f7-b0a1-6fb230ce5ac5", "node_type": null, "metadata": {"page_label": "34", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "81ba509b9d3a999f1f4de1dfe06c0258c517d986c0672fcb0612f4e613e278f2"}}, "hash": "a47a8accb9d7cd7f8ffe3e67915e94033dd765e2acb2cb14a931aeb2b1fbe365", "text": "33\nAnnual Report 2021-22\n\u2022 P ersons whose name is included in the data bank as per Rule 6 \nof the Companies (Appointment and Qualification of Directors) \nRules, 2014.\nThe above qualifications, {other than the statutory requirements which are mandatory}, are preferable and desirable with absolute \ndiscretion to the Nomination and Remuneration Committee to \nconsider and keep in view any other criteria or norms for selection of the most suitable candidate/s.\nPositive attributes of Directors (including Independent \nDirectors):- \n\u2022 Directors are to demonstrate integrity, credibility, \ntrustworthiness, ability to handle conflict constructively, and the willingness to address issues proactively.\n\u2022 The y are to actively refresh their knowledge and skill with the \nlatest developments in the automotive and allied industry, market conditions and applicable legal provisions.\n\u2022 The y are to show willingness to devote sufficient time and \nattention for the Company and its business and execute theirresponsibilities\n\u2022 The y are to assist in bringing independent judgments to bear\non the Board\u2019s deliberations especially on issues of strategy, performance, risk management, resources, key appointments \nand standards of conduct.\n\u2022 The y are able to develop a good working relationship with\nother Board members and contribute to the Board\u2019s working \nrelationship with the senior management of the Company.\n\u2022 The y are to act within their authority, assist in protecting the \nlegitimate interests of the Company, its shareholders and employees\nConditions of Independence of Directors: -\nIn compliance of terms of the Companies Act 2013 and its Rules \n[Section 149 \u2013 Schedule IV- Code for Independent Directors & \nCompanies (Appointment and Qualification of Directors) Rules \n2014] and SEBI (Listing Obligations and Disclosure Requirements) \nRegulations, 2015, as amended from time to time.\nCriteria for appointment in Senior Management including Key \nManagerial Personnel: - \n\u2022 Their required qualifications, experience, skills & expertise to \neffectively meet their areas of work, duties and responsibilities.\n\u2022 Their Automotiv es/ allied industry experience.\n\u2022 Their abilit y to assume the responsibilities and duties of their\nposts effectually.\n\u2022 Appropria te other qualification/experience to meet the \nobjectives of the Company.\nPOLICY RELATING TO REMUNERATION OF DIRECTORS, KMP & OTHER EMPLOYEES ON APPOINTMENT/ SUBSEQUENT \nINCREASES \n\u2022 The Com pany shall ensure that the level and composition of\nremuneration is reasonable and sufficient to attract, retain and \nmotivate Directors, KMP and other employees of the quality \nrequired to run the Company successfully.\u2022 It should be ensured that no director/KMP/ other employee \nare involved in deciding his or her own remuneration.\n\u2022 The market rates/ quantum and structures of remuneration \nas applicable to the comparable organisations in the similar\nbusiness spheres should be given due consideration.\n\u2022 It is to be ensured that relationship of remuneration to the \nperformance is clear & meets appropriate performancebenchmarks. \n\u2022 P erformance benchmarks are laid down.\n\u2022 Increase in remuneration should provide rewards for improved \nperformance.\n\u2022 Remuner ation packages should strike a balance between fixed \nand incentive pay, where applicable, reflecting short and long term performance objectives appropriate to the Company\u2019s\nworking and goals.\nFollowing criteria are also to be considered: -\n\u2022 Responsibilit ies and duties; \n\u2022 Tim e & efforts devoted;\n\u2022 V alue addition; \n\u2022 Profitabilit y of the Company & growth of its business; \n\u2022 Analysing each and every position and skills for fixing the \nremuneration yardstick; \n\u2022 St andards for certain functions/Departments like Die Casting, \nPlastic Injection Moulding production, Manufacturing \nEngineering, Quality Assurance, Maintenance & Business \nDevelopment, where there is a huge scarcity of qualified \nresource;\n\u2022 Ensuring t ax efficient remuneration structures;\n\u2022 Ensuring that remuneration structure is simple and that the\nCost to the Company (CTC) is not shown", "start_char_idx": 0, "end_char_idx": 4075, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "01ec22d3-fedc-44f7-b0a1-6fb230ce5ac5": {"__data__": {"id_": "01ec22d3-fedc-44f7-b0a1-6fb230ce5ac5", "embedding": null, "metadata": {"page_label": "34", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "95ff6648-4c32-449f-8b7d-91a58ad65d2a", "node_type": null, "metadata": {"page_label": "34", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ca0dbd84c351944b0bfd802a4da6f988812d58f5804e81a11babada714893ba6"}, "2": {"node_id": "e2554e0b-55cd-41d4-8f15-44cf429d664b", "node_type": null, "metadata": {"page_label": "34", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a47a8accb9d7cd7f8ffe3e67915e94033dd765e2acb2cb14a931aeb2b1fbe365"}}, "hash": "81ba509b9d3a999f1f4de1dfe06c0258c517d986c0672fcb0612f4e613e278f2", "text": "structure is simple and that the\nCost to the Company (CTC) is not shown inflated and, in comparison, the effective take home remuneration is not low;\n\u2022 An y other criteria as may be applicable.\nConsistent treatment of remuneration parameters across the organization. \nProvisions of law with regard to making payment of remuneration, as \nmay be applicable, are complied. \nWhenever, there is any deviation from the Policy, the justification/\nreasons should also be indicated/disclosed adequately.", "start_char_idx": 4004, "end_char_idx": 4498, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "fa8295f1-715c-4b08-844b-32baaaa7210f": {"__data__": {"id_": "fa8295f1-715c-4b08-844b-32baaaa7210f", "embedding": null, "metadata": {"page_label": "35", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9a0f5749-9d3f-4def-8b39-27008f580126", "node_type": null, "metadata": {"page_label": "35", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c042ac1a2a3c6951eb1efdf58747cc8c0acb51a8dd635faa209d2d555690874d"}, "3": {"node_id": "50b49a88-6c0e-4667-86e2-4e111feb5db3", "node_type": null, "metadata": {"page_label": "35", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "193303db23ff21d230f6ad0b0229efc8f881d471956a5fc74a12eca009646818"}}, "hash": "b31f72759b12104b3e7c4cad99ebf90ce37f47029a874db68f09e1c89193fe80", "text": "Sandhar Technologies Limited34\nAnnexure II to Directors\u2019 Report, 2022\nSecretarial Audit Report\nFor the financial year ended on 31st March, 2022\n[Pursuant to Section 204(1) of the Companies Act, 2013 and Rule No.9 of the Companies (Appointment and Remuneration of Managerial \nPersonnel) Rules, 2014]\nTo ,\nThe Members,\nSandhar T echnologies Limited\nB-6/20, L.S.C, Safdarjung Enclave, \nNew Delhi- 110029 \nWe have conducted the Secretarial Audit of the compliance \nof applicable statutory provisions and the adherence to good \ncorporate practices by Sandhar T echnologies Limited (CIN: \nL74999DL1987PLC029553) (hereinafter called \u201cthe Company\u201d). \nThe Secretarial Audit was conducted in a manner that provided us \na reasonable basis for evaluating the corporate conducts/statutory \ncompliances and expressing our opinion thereon.\nBased on our verification of the Company\u2019s books, papers, minute \nbooks, forms and returns filed and other records maintained by the \nCompany and also the information provided by the Company, its \nofficers, agents and authorized representatives during the conduct \nof secretarial audit, the explanations and clarifications given to us \nand the representations made by the Management we hereby \nreport that in our opinion, the Company has during the audit period \ncovering the financial year ended on 31st March, 2022, generally \ncomplied with the statutory provisions listed hereunder and also \nthat the Company has proper Board-processes and compliance-\nmechanism in place to the extent, in the manner and subject to the \nreporting made hereinafter:\nWe have examined the books, papers, minute books, forms and \nreturns filed and other records maintained by the Company for \nthe financial year ended on the 31st March, 2022 according to the \nprovisions of :\ni) The Companies Act, 2013 (the Act) read with the applicable \nprovisions of Companies Amendment Act, 2017 and the Rules made thereunder;\nii) The Securities Contracts (Regulation) Act, 1956 (\u2018SCRA\u2019) and \nthe Rules made thereunder;\niii) The Depositories Act, 1996 and the Regulations and Bye-laws \nframed thereunder;\niv) The Foreign Exchange Management Act, 1999 and the Rules \nand Regulations made thereunder to the extent of ForeignDirect Investment, Overseas Direct Investment and External \nCommercial Borrowings; and\nv) The following Regulations and Guidelines prescribed under \nthe Securities and Exchange Board of India Act, 1992 (\u2018SEBI \nAct\u2019):\na) The Securities and Exchange Board of India (Substantial\nAcquisition of Shares and T akeovers) Regulations, 2011;b) The Securities and Exchange Board of India (Prohibition \nof Insider Trading) Regulations, 2015;\nc) The Securities and Exchange Board of India (Issue of \nCapital and Disclosure Requirements) Regulations,2009 (Not Applicable to the Company during the Audit \nperiod);\nd) The Securities and Exchange Board of India (Share Based \nEmployee Benefits) Regulations, 2014(Not Applicable \nto the Company during the audit period);\ne) The Securities and Exchange Board of India (Issue and \nListing of Debt Securities) Regulations, 2008 (Not Applicable to the Company during the Audit period);\nf) The Securities and Exchange Board of India (Registrars \nto an Issue and Share Transfer Agents) Regulations, 1993 regarding the Companies Act and dealing with \nclient (Not Applicable to the Company during the Audit \nperiod);\ng) The Securities and Exchange Board of India (Delisting of \nEquity Shares) Regulations, 2009 (Not Applicable to the Company during the Audit period);\nh) The Securities and Exchange Board of India (Buyback \nof Securities) Regulations, 1998 (Not Applicable to the Company during the Audit period); and\ni) The Securities and Exchange Board of India (Listing \nObligations and Disclosure Requirements) Regulations,2015.\nvi) W e further report that having regard to compliance system \nprevailing in the Company and on", "start_char_idx": 0, "end_char_idx": 3870, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "50b49a88-6c0e-4667-86e2-4e111feb5db3": {"__data__": {"id_": "50b49a88-6c0e-4667-86e2-4e111feb5db3", "embedding": null, "metadata": {"page_label": "35", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9a0f5749-9d3f-4def-8b39-27008f580126", "node_type": null, "metadata": {"page_label": "35", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c042ac1a2a3c6951eb1efdf58747cc8c0acb51a8dd635faa209d2d555690874d"}, "2": {"node_id": "fa8295f1-715c-4b08-844b-32baaaa7210f", "node_type": null, "metadata": {"page_label": "35", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b31f72759b12104b3e7c4cad99ebf90ce37f47029a874db68f09e1c89193fe80"}}, "hash": "193303db23ff21d230f6ad0b0229efc8f881d471956a5fc74a12eca009646818", "text": "W e further report that having regard to compliance system \nprevailing in the Company and on examination of the relevant \ndocuments and records in pursuance thereof, on test-check \nbasis, the Company has complied with the following laws \napplicable specifically to the Company :\ni) The Factories A ct, 1948;\nii) The Com petition Act, 2002;\niii) The Industries (Development and Regulation) Act, 1951 \nand rules/ regulations framed thereunder;\nii) The Petroleum Act, 1934 and the rules made thereunder;\niii) The Environment Protection Act, 1986 and the rules \nmade thereunder;\niv) The Water (Prevention and Control of Pollution) Act, \n1974 and the rules made thereunder; \nv) The Air (Prevention and Control of Pollution) Act, 1981 \nand the rules made thereunder;", "start_char_idx": 3778, "end_char_idx": 4538, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "89e94079-4eb2-4870-ab89-acf7726d8b63": {"__data__": {"id_": "89e94079-4eb2-4870-ab89-acf7726d8b63", "embedding": null, "metadata": {"page_label": "36", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "40bfed5b-69c7-4faf-aa39-d4c82c39d2e2", "node_type": null, "metadata": {"page_label": "36", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "123f807678d9d2e152c38eab60695928be7fd5abb2dc8947bb41901e0090b453"}}, "hash": "123f807678d9d2e152c38eab60695928be7fd5abb2dc8947bb41901e0090b453", "text": "35\nAnnual Report 2021-22\nvi) Noise P ollution (Regulation and control) Rules 2000;\nvii) The Goods and Service T ax Act, 2017;\nviii)  The Shop and Establishm ent Act, 1948;\nix) The Industria l Disputes Act, 1947;\nx) The W orkmen\u2019s Compensation Act, 1923;\nxi) The P ayment of Wages Act, 1936\nxii) The Minim um Wages Act, 1948;\nxiii)  The P ayment of Bonus Act, 1965; and\nxiv)  Se xual Harassment of Women at Workplace (Prevention,\nProhibition & Redressal) Act, 2013.\nWe further report that the compliance by the Company of applicable \nfinancial laws, like direct and indirect tax laws, has not been reviewed \nin this Audit since the same have been subject to review by statutory \nfinancial audit and other designated laws.\nWe have also examined compliance with the applicable clauses of the \nfollowing:\ni) Secretaria l Standards (SS) with regard to Meeting of Board of \nDirectors (SS-1) and General Meetings (SS-2) issued by the Institute of Company Secretaries of India.\nii) The Listing Agreements entered into by the Company with \nBSE Limited and National Stock Exchange of India Limited.\nDuring the period under review the Company has complied with the provisions of the Act, Rules, Regulations, Guidelines, Standards, etc. \nmentioned above. \nWe further report that the Board of Directors of the Company is duly constituted with proper balance of Executive Directors, Non-\nExecutive Directors, Independent Directors and independent \nWomen Director. The changes in the composition of the Board \nof Directors that took place during the period under review were \ncarried out in compliance with the provisions of the Act.\nAdequate notice is given to all Directors to schedule the Board \nMeetings, Agenda and detailed notes on agenda were sent at least \nseven days in advance, and a system exists for seeking and obtaining \nfurther information and clarifications on the agenda items before \nthe meeting and for meaningful participation at the meeting.\nAll the decisions at Board and Committee Meetings were carried \nout through unanimous consent as recorded in the minutes of the \nmeetings of the Board of Directors or Committees of the Board, as \nthe case may be.\nWe further report that there are adequate systems and processes \nin the Company commensurate with the size and operations of the Company to monitor and ensure compliance with applicable laws, \nrules, regulations and guidelines.\nFor K K Sachdeva & Associates\nCom pany Secretaries\nSd/- \nK. K. Sachdeva\nProprietor\nPlace: New Delhi  FCS N o. 7153, CP No. 4721\nDate: 18th May 2022  UDIN:  F007153D000337703", "start_char_idx": 0, "end_char_idx": 2562, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "70412860-d589-44c6-b7d4-b9b9f0e15520": {"__data__": {"id_": "70412860-d589-44c6-b7d4-b9b9f0e15520", "embedding": null, "metadata": {"page_label": "37", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "efafb914-69f7-49f6-a377-339bd41b51ce", "node_type": null, "metadata": {"page_label": "37", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7b6e3187b3c1727d110b83f848eeee064ee5af5e7b90b235d65150729dc54a48"}}, "hash": "7b6e3187b3c1727d110b83f848eeee064ee5af5e7b90b235d65150729dc54a48", "text": "Sandhar Technologies Limited36\nAnnexure III to Directors\u2019 Report, 2022\nInformation pursuant to Section 197(12) read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) \nRules, 2014\nThe ratio of the remuneration of each Director / Key Managerial Personnel (KMP) to the median remuneration of the employees of the \nCompany for the financial year 2021-2022:\n(Rs. in Lacs)\nS. No. Name of Director/ KMP and Designation Remuneration of \nDirector/ KMP for \nFinancial Year 2021-\n2022% Change in \nRemuneration in the \nFinancial Year 2021-\n2022Ratio of remuneration \nof each Director/ to \nmedian remuneration of \nemployees\n1. Shri Jayant Davar  \n(Co-Chairman & Managing Director)457.43* -0.40% 119\n2. Shri Yashpal Jain (Chief Financial Officer) 105.83 1915.81% 32\n3. Smt. Komal Malik (Company Secretary and \nCompliance Officer)23.79 156.63% 6\n*Inclusive of Commission provided and payable for an amount of Rs. 314.71 Lacs\nThe median remuneration of the employees of the Company during the financial year 2021-2022 was Rs. 3.84 Lacs\nPercentage increase in the median remuneration of employees in the last financial year 2021-22 was 9.70% as compared to the previous year. \nNo. of permanent employees as on the 31st March, 2022 are 1609.Average percentage increase in the salaries of employees other than managerial personnel in the financial year 2021-2022 was 10.63%; \nwhereas the decrease in the managerial remuneration in the financial year 2021-22 was 14.65%. \nThe change in compensation of employees is guided by factors such as market trends, internal parity and is in line with the normal pay \nrevisions which is linked to individual performance and the Company\u2019s performance.\nIt is hereby affirmed that the remuneration paid is as per the Remuneration policy for Directors/ Key Managerial Personnel & other employees.\nFor and on behalf of the Board of Directors of \nSandhar T echnologies Limited\nSd/-  Sd/ -\nD .N. Davar  Ja yant Davar\nChairman CO- Chairman &\nDIN: 00002008  Managing Director\nDIN: 00100801\nDate: 18 May 2022  \nPlace: Gurgaon", "start_char_idx": 0, "end_char_idx": 2069, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "749a54bd-c84b-4e77-bdf1-99fd0dcf2b8a": {"__data__": {"id_": "749a54bd-c84b-4e77-bdf1-99fd0dcf2b8a", "embedding": null, "metadata": {"page_label": "38", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "526f4b21-a1d3-477e-a764-0c3110f0bd38", "node_type": null, "metadata": {"page_label": "38", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5cafc528a5c085549079ff5bafc3f78a070c877d22466c949c893c309013ebc8"}}, "hash": "5cafc528a5c085549079ff5bafc3f78a070c877d22466c949c893c309013ebc8", "text": "37\nAnnual Report 2021-22\nAnnexure IV to Directors\u2019 Report, 2022\nAnnual Report on Corporate Social Responsibility (CSR) activities for the FY \n2021-22\n1. A brief outline of the Compan y\u2019s CSR policy. \nThe Corporate Social Responsibility (CSR) commitment of Sandhar T echnologies Limited(\u201cSTL \u201d) stems from the founder\u2019s vision to \nimprove the quality of life of the communities. STL \u2019s CSR policy leverages the best of organizational capabilities to create contextual \nand partnered solutions to address the needs of the marginalized sections of the community.\nThe Policy will be operative within the overall ambit of the CSR provisions contained in the Companies Act 2013, the Companies \n(Corporate Social Responsibility Policy) Rules, 2014 read with Schedule VII and amendments thereof, applicable from time to time \n(hereinafter collectively referred to as \u201cCSR Provisions\u201d).\nSa ndhar T echnologies Limited is making efforts towards building economic, social and environmental capital and enhancing social\nsustainability by contributing in the following areas : \no Educ ation and Skill Development;\no Healt h Care; \no En vironment protection; \no Promoting gender  equality and empowerment of women; \no Com munity Development and\no tr aining to promote rural sports, nationally recognized sports\no Others\nThe detailed description is given in the CSR Policy of the Company. \n2. Composition of the CSR Committee as on 31st March, 2022 \nS. No Name of the Member Nature of Directorship Committee\n1. Shri Jayant Davar Co-Chairman and Managing Director Chairman \n2. Shri Arvind Kapur Non-Executive Independent Director Member \n3. Smt. Monica Davar Non-Executive & Non-Independent Director Member \n3. Pro vide the web-link where Composition of CSR committee, CSR Policy and CSR projects approved by the board are disclosed \non the website of the company. \nCSR Committee- https://sandhargroup.com\nCSR Policy- https://sandhargroup.com\nCSR Projects- https://sandhargroup.com\n4. Pro vide the details of Impact assessment of CSR projects carried out in pursuance of sub-rule (3) of rule 8 of the Companies \n(Corporate Social Responsibility Policy) Rules, 2014, if applicable (attach the report) - Not Applicable\n5. Details of the amount available for set off in pursuance of sub-rule (3) of rule 7 of the Companies (Corporate   Social Responsibility \nPolicy) Rules, 2014 and amount required for set off for the financial year, if any.\n(Rs. in Lacs)\nS.No Financial Year Amount available for set off from \npreceding financial year (in Rs) Amount required to be set off for the \nfinancial year, if any  \n(in Rs.)\n1. 2020-21 2,94,481 NIL\n6. A verage net profit of the company as per section 135(5): 10276.32\n7. a) T wo percent of average net profit of the company as per section 135(5): 205.53\nb ) Surplus arising out of the CSR projects or programmes or activities of the previous financial years: NIL\nc) Amount required to be set off for the financia l year if any : NIL\nd) T otal CSR obligation for the financial year (7a+7b-7c): 205.53", "start_char_idx": 0, "end_char_idx": 3024, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0c7c600b-b066-4a95-a5e9-19c462a71fd0": {"__data__": {"id_": "0c7c600b-b066-4a95-a5e9-19c462a71fd0", "embedding": null, "metadata": {"page_label": "39", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "20a59b21-797b-4406-b57f-bb92a9a39d04", "node_type": null, "metadata": {"page_label": "39", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "73f6e5e582e85668e99bcd79ef6a12af3eaa581636b01dbedf958bfe35878224"}}, "hash": "73f6e5e582e85668e99bcd79ef6a12af3eaa581636b01dbedf958bfe35878224", "text": "Sandhar Technologies Limited38\n8. (a) CSR amount spent or unspent for the financial y ear : \nT otal amount spent \nfor the Financial Year  (Rs. in lacs)Amount Unspent (Rs. in Lacs)\nT otal amount transferred to Unspent \nCSR Account as per section 135 (6) Amount transferred to any fund specific under Schedule VII \nas per second provision to section 135(5)\n209.33 Amount Date of Transfer Name of the Fund Amount Date of Transfer\nNIL NIL NIL NIL NIL\n(b) Details of CSR amount spent against ongoing projects for the fin ancial year:\n(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11)\nS. \nNo.Name of \nthe ProjectItems from \nthe list of \nactivities \nin Schedule \nVII of the \nActLocal Area \n(Yes/No)Location of the \nProjectProject \ndurationAmount \nAllocated \nfor the \nProject (Rs \nin Lacs)Amount \nspent in \nthe current \nFinancial \nYear (Rs in \nLacs)Amount \nTransferred to  \nUnspent CSR \nAccount for \nthe project as \nper  Section \n135(6) (Rs in \nLacs)Mode of \nImplemen -\ntation- Di -\nrect ( Yes/\nNo)Mode of  \nimple -\nmenta -\nState District Name CSR Reg -\nistration \nNumber\nNIL\n(c) Details of CSR amount spent against other than ongoing projects  for the financial year:\n(1) (2) (3) (4) (5) (6) (7) (8)\nS. \nNoName of the \nProjectItems from \nthe list of \nactivities \nin Schedule \nVII of the \nActLocal \nArea \n(Yes/ \nNo)Loction of the Project Amount \nspent for \nthe project \n(Rs. in \nLacs)Mode of im -\nplemention \nDirect \n(Yes/No)Mode of implementation-\nThrough Implementing Agency\nName CSR \nRegistration \nNumber State District\n1 Shikshaantra \nPlusEducation Yes Haryana, T amil NaduFaridabad, Chennai77.67 No Kinship for Humanitarian \nSocial & Holistic InterventionCSR00001135\n2 Covid Care CentreHealthcare Yes Haryana Gurgaon 26.59 No Sandhar FoundationCSR00002262\n3 Adopt a Gran Facility for Senior CitizenYes New Delhi New Delhi 4.00 No Springdales FoundationCSR00011584\n4 Sandhar ki BetiEducation Yes New Delhi New Delhi 6.00 No Springdales FoundationCSR00011584\n5 Peenya Community ParkEnvironment Yes Karnataka Bengaluru 3.84 No Sandhar FoundationCSR00002262\n6 The RASOI Eradicating Hunger and MalnutritionYes Delhi New Delhi 0.26 No Rasoi on wheels foundation TrustCSR00004587\n7 Sandhar Healthcare CentreHealthcare Yes Haryana Gurgaon 7.97 No Sandhar FoundationCSR00002262\n8 Mannat KitchenEradicating Hunger and MalnutritionYes Delhi New Delhi 3.00 No Mannat Charitable TrustCSR00009678\n9 Education ProjectEducation Yes Delhi New Delhi 80.00 No JSR Charitable TrustCSR00012616\nTOTAL 209.33\n(d) Amount spent in A dministrative Overheads: NIL\n(e) Amount spent on Impact Assessment, if a pplicable : NIL\n(f) T otal amount spent for the Financial Year (8b + 8c + 8d + 8e): 209.33\n(g) Ex cess amount for set off, if any: 3.80", "start_char_idx": 0, "end_char_idx": 2709, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "bc698653-584a-42b9-bc73-b184b0ac122b": {"__data__": {"id_": "bc698653-584a-42b9-bc73-b184b0ac122b", "embedding": null, "metadata": {"page_label": "40", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "146569f8-e850-4ff2-8974-c8f98b63d45b", "node_type": null, "metadata": {"page_label": "40", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7c61221f49e80750671fb8941a47801dbc479f4192060a3a2f0bc07eab63570e"}}, "hash": "7c61221f49e80750671fb8941a47801dbc479f4192060a3a2f0bc07eab63570e", "text": "39\nAnnual Report 2021-22\nS.No. Particulars Amount (in \nRs)\ni) Two percent of average net profit of the company as per section 135(5) 205.53\nii) T otal amount spent for the Financial Year 209.33\niii) Excess amount spent for the financial year [(ii)-(i)] 3.80\niv) Surplus arising out of the CSR projects or programmes or activities of the previous financial years, if any NIL\nv) Amount available for set off in succeeding financial years [(iii)-(iv)] 3.80\n9. (a)  Details of Unspent CSR amount for the preceding three financial  years : \nS. No. Preceding \nFinancial year Amount transferred to Unspent CSR Account under section 135(6) (Rs.in Lacs)Amount spent in the reporting Financial Year (Rs.in Lacs)Amount transferred to any fund specified under Schedule VII as per section 135(6), if anyAmount remaining \nto be spent in \nsucceeding \nfinancial years (Rs.\nin Lacs) Name of fund Amount \n(in Rs.) Date of \ntransfer\n1 2021-22 NIL NIL NIL NIL NIL NIL\n2 2020-21 NIL NIL NIL NIL NIL NIL\n3 2019-20 NIL NIL NIL NIL NIL NIL\n(b) Details of CSR amount spent in the financial y ear for ongoing projects of the preceding financial year(s) : \n(1) (2) (3) (4) (5) (6) (7) (8) (9)\nS. No. Project IdName of the ProjectFinancial Year in which the Project was commencedProject DurationT otal Amount allocated for the Project (In Rs)Amount spent on the project in the Reporting Financial Year ( In Rs)Cumulative Amount spent at the end of the Reporting Financial Year ( In Rs)Status of the Project- Completed/Ongoing \nNIL\n10. In case of creation or acquisitio n of capital asset, furnish the details relating to the asset so created or acquired through CSR \nspent in the financial year (asset-wise details). \n(a) Date of creation or acquisition of the capital asset(s).: NA\n(b) Amount of CSR spent for creation or acquisition of capital asset : NIL\n(c) Details of the entity or public authority or beneficiary under whose name such capital asset is registered, their address : NA\n(d) Provide details of the capital asset(s) created or acquired  (including complete address and location of the capital asset) : NIL\n11. Specify the reason(s), if the Company has failed to spend two percent of the average net profit as per Section 135(5) - Not \nApplicable\nFor  Sandhar T echnologies Limited\nSd/-  Sd/ -\nD .N. Davar  Ja yant Davar\nChairman CO- Chairman &\nDIN: 00002008  Managing Director/  \nChairman of CSR Committee\nDIN: 00100801\nDate: 18 May 2022  \nPlace: Gurgaon", "start_char_idx": 0, "end_char_idx": 2443, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0f29fd34-c251-4ea4-a397-8a60e22e46f1": {"__data__": {"id_": "0f29fd34-c251-4ea4-a397-8a60e22e46f1", "embedding": null, "metadata": {"page_label": "41", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "dbec3e18-2260-4b53-a2fb-a95d10014661", "node_type": null, "metadata": {"page_label": "41", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cb3b7c6fa9f518fb0f0adf40c825c794ddd511de336a76b4e4473e28b0996fde"}, "3": {"node_id": "f7f43675-226e-40a5-a47f-e87d4e56d304", "node_type": null, "metadata": {"page_label": "41", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "432647a1447260bc3f66ecf488380edb4a06d27b7fbf4b2988a22ad755166a8f"}}, "hash": "79818db4a2464f088951f4f5f588317e30dae9638fe2b376e51d0be4e12904c7", "text": "Sandhar Technologies Limited40\nAnnexure V to Directors\u2019 Report, 2022\nConservation of Energy, T echnology Absorption and Foreign Exchange Earnings \nand Outgo\n[Section 143(3) (m) of The Companies Act, 2013 read with Rule 8(3) of the Companies (Account) Rules, 2014]\nENERGY CONSERVATION, TECHNOLOGY ABSORPTION (FY \n2021-2022)\nParticulars of Energy Conservation, T echnology Absorption and \nForeign Exchange Earnings and Outgo Pursuant to section 134(3) \n(m) of Companies Act,2013 read with the Companies (Accounts) Rules, 2014\nA. Conservation of Energy\n(i) Steps tak en or impact on conservation of Energy\nThe Com pany has constantly been emphasizing an optimization \nof energy consumption in every possible area in its units. Various avenues are being explored at periodic interval\nand after careful analysis and planning measures are being\ninitiated to minimize the consumption of energy by optimum\nutilization of energy consuming equipment. During the year \nunder review, the following measures were initiated/adopted \nfor conservation and optimum utilization of energy.\na) Con version of Conventional lights with high efficient\nLED lights in Sandhar T echnologies Limited units (\u201cSTL Units\u201d)\nb) V arious energy saving projects :\ni) VFD \u2019s Installation on Air Compressor Motors in 12 \nSTL Units and saved energy cost of INR 81.72 lacs as per present production trend.\nii) VFD \u2019s Installation on Process Motors in various \nSTL Units and saved energy cost of INR 10.44 lacs as per present production trend.\niii) Serv o system installation in Hydraulic Power \npacks of Injection Molding machines in SAG Unit & saved Energy cost of INR 5.73 lacs as per present \nproduction trend.\niv) Elect ronically controlled ASU system installed \nin place of conventional ASU system in SCM & \nsaved Energy cost of INR 1.56 lacs as per present \nproduction trend.\nv) Net-m etering done in Solar Plants in SCD and SAB \nUnit.\nIMPACT: 12,72,765 Kwh overall\n(ii) Steps T aken for utilizing alternate sources of Energy\na. Sola r Plants total installed capacity of 2832 KWp up to \n2021-22.\nb. Sola r Plants added this year of capacity 340 Kwp (SAB: \n340 Kwp).IMPACT: 22,18,038 Kwh - (21-22) generated by Solar plants\n(iii)  Capital in vestment on Energy conservation equipment\nT otal Investment: 59,78,03 Lacs (Approx.)\n(iii)  Green Initiativ es\na) Natur al gas pipeline line installed which is a clean fuel in \nour upcoming unit in Halol.\nb) LPG used as a clea n fuel in our new unit in Nalagarh.\nc) W ater footprint reduction in SCM unit by 100% recycling \nSTP treated water for gardening. \nB. T echnology Absorption: \n(i) Efforts made towards T echnology Absorption:\na) Robotic technology used for Welding & Painting Process \ninstead of manual process for better quality performance \n& to reduce wastages by 20-22%.\nb) Elect rostatic technology used for Painting Systems. Net \nEfficiency increased from 30% to 65%.\nRESEARCH & DEVELOPMENT ACTIVITIES CARRIED OUT BY \nTHE COMPANY/ NEW PRODUCTS DEVELOPED IN FINANCIAL \nYEAR 2021-2022\na Sa ndhar Centre for Innovation & Development (SCID) is the \ncentralized in-house R&D centre of Sandhar group is engaged in enriching the existing product portfolio; and also in designing \nand developing futuristic products with anticipated business \npotential.\nb The activit ies of SCID can be broadly classified as follows :\ni) De velopment of futuristic products with anticipated \nbusiness potential capturing voice of customers &upcoming Govt.", "start_char_idx": 0, "end_char_idx": 3455, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f7f43675-226e-40a5-a47f-e87d4e56d304": {"__data__": {"id_": "f7f43675-226e-40a5-a47f-e87d4e56d304", "embedding": null, "metadata": {"page_label": "41", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "dbec3e18-2260-4b53-a2fb-a95d10014661", "node_type": null, "metadata": {"page_label": "41", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cb3b7c6fa9f518fb0f0adf40c825c794ddd511de336a76b4e4473e28b0996fde"}, "2": {"node_id": "0f29fd34-c251-4ea4-a397-8a60e22e46f1", "node_type": null, "metadata": {"page_label": "41", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "79818db4a2464f088951f4f5f588317e30dae9638fe2b376e51d0be4e12904c7"}}, "hash": "432647a1447260bc3f66ecf488380edb4a06d27b7fbf4b2988a22ad755166a8f", "text": "products with anticipated \nbusiness potential capturing voice of customers &upcoming Govt. regulations.\nii) Sa ndhar has joined the PLI Scheme (Production Linked \nIncentive) launched by Govt. of India and are committed to meet all the requirements to avail advantage of the PLI \nScheme.\niii) Enga ged in research in EV field; designing & development \nof EV related components listed in the PLI Scheme like \nHub Motor, Motor Controller, BMS, DC-DC Converter.\niv) Do research in Ba ttery Pack Development\nv) Upgr adation of existing products to cope up with \ncustomers\u2019 expectation time to time.\nvi) T o support the engineering team at various Sandhar units \nin product design & development.", "start_char_idx": 3365, "end_char_idx": 4054, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9f08f129-b1e7-416a-9026-f03bfd60ff7f": {"__data__": {"id_": "9f08f129-b1e7-416a-9026-f03bfd60ff7f", "embedding": null, "metadata": {"page_label": "42", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c09b0cb0-414a-4652-b933-160078dad9c7", "node_type": null, "metadata": {"page_label": "42", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "92fd246a3db042415ea3888dd4406cd895f7809c90b7ecfcd4845ab4705c9668"}}, "hash": "92fd246a3db042415ea3888dd4406cd895f7809c90b7ecfcd4845ab4705c9668", "text": "41\nAnnual Report 2021-22\nvii) IPR (Intellectual Property Rights) related activities \ni.e. patent filing, Design Registration, to keep a vigil on \npossible infringement and litigation.\nviii)  PLM activities i.e. Centralised Engineering Document \n& Data Control ensuring data safety, prevention of data duplicity & digitalization of data storage across the group.\nix) Pro viding services to group companies related to \nPrototyping, Inspection & Reverse Engineering.\nc. W e are equipped with adequate basic R&D infrastructure \nwith a team of more than 25 well qualified and experienced mechanical and electronics engineers playing a significant role \nin conducting R&D with tested & validated innovative products \nto our valued customers. \nd. W e are continuously working on new product development \nin the area of Ignition Lock cum Switches, Rear View Mirrors, various components of Electric Vehicle (EV) and Electronics \ncontrol systems.\nNEW PR ODUCTS DEVELOPED IN FY (2021-22)\na) Solenoid op erated Keyless Smart Fuel Filler Cap (FFC)\nb) \u201c Go Home\u201d Feature for Vehicle.\nc) ESCL  (Electronic Steering Column Lock Assembly) for EV \nScooter\nd) Solenoid A ctuated Lock Assembly for EV.\ne) Motorised Sea t Actuators for 2 wheelers.\nf) \u201cSt art-Stop Push Button  Switch\u201d with LF Coil for Two \nWheeler EV \ng) Z ero Leakage Fuel Filler Cap for CV (Commercial Vehicle).\nh) Glo ve Box Lock for CV\ni) Bar end Mirror for T wo Wheeler\nj) 360\u00b0 Rotationa l Adjustable Mirror\nk) Mobile Cha rger with Box Assembly\nl) BLE (Bluet ooth) Based Security System for Vehicle\nm) USB Cha rger for Scooter.\nP ATENT GRANTED IN FY (2021 \u2013 22)\na) Anti-t heft Bike Stand Lock\nb) Repla ceable ROV fitted with FFC of Motorcycle\nc) Elect rically Triggered Inside Rear View Mirrord) Magnet ically Operated Handle Lock Cum Ignition Switch \nfor 2W & 3W\ne) Ca ble operated Fuel T ank Cap with Compact Locking \nMechanism for Motorcycle\nf) F uel T ank Cap Assembly\ng) 2W F ront Turn Indicator on Mirror Housing/Frame\nh) Sim ultaneous Braking (Front/ Rear) System for Brake \noperated 2W.\ni) K ey Case for Foldable Key\nj) Manually Swivel/ Adjustable Side Rear View Mirror \nfor 2Ws\nC. F oreign Exchange Earning and Outflow\nThe details of Foreign Exchange inflow and outflow are as under : \nParticulars (Rs. in Lacs)\nInfow:\nSales (FOB) 1,114.11 \nT otal 1,114.11 \nOutflow:\nOn Capital Equipment 2,120.94\nOn Know-how 4.84\nOthers 27.78\nRaw Materials 6,228.64\nConsumables & Spares 1,261.12\nT our and Travel 0.00 \nRoyalty 174.79 \nT otal 9,818.11\nFor and on behalf of the Board of Directors of \nSandhar T echnologies Limited\nSd/-  Sd/ - \nD.N. Davar  Ja yant Davar  \nChairman  CO-Cha irman &  \nDIN: 00002008 Managing D irector\nDIN: 00100801\nDate: 18 May 2022  \nPlace: Gurgaon", "start_char_idx": 0, "end_char_idx": 2722, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "29659599-7357-480c-ad6b-17016ad4e9a1": {"__data__": {"id_": "29659599-7357-480c-ad6b-17016ad4e9a1", "embedding": null, "metadata": {"page_label": "43", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "f0e31e23-d312-43f5-90b5-b2e3696ed45d", "node_type": null, "metadata": {"page_label": "43", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6b95bcfa2f9f323b4f4702d330d166d33e8326513e628e49f73463038e21f8b1"}}, "hash": "6b95bcfa2f9f323b4f4702d330d166d33e8326513e628e49f73463038e21f8b1", "text": "Sandhar Technologies Limited42\nCOMPLIANCE CERTIFICATE UNDER REGULATION 17(8) OF THE SEBI (LISTING \nOBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015\nThe Members,\nSandhar T echnologies Limited\nB-6/20 L.S.C. Safdarjung Enclave,\nNew Delhi-110029\nSub.: Compliance Certificate under Regulation 17(8) read with Part B of Schedule II to the SEBI (Listing Obligations and Disclosure \nRequirements) Regulations, 2015\nThis is to certify that for the financial year ended 31st March, 2022 :\n1. W e have reviewed the financial statements and the cash flow statement for the year as aforesaid and to the best of our knowledge and \nbelief:\na) These financial statements do not contain any materially untrue statement or omit any material fact or contain statements that \nmight be misleading;\nb) These statements\u2019 together present a true and fair view of the Company\u2019s affairs and are in compliance with Indian Accounting \nStandards (Ind AS), applicable laws and regulations;\n2. T o the best of our knowledge and belief, there are no transactions entered into by the Company during the year, which are fraudulent, \nillegal or violative of the Company\u2019s Code of Conduct for Directors and Employees;\n3. W e accept responsibility for establishing and maintaining internal controls for financial reporting and that we have evaluated the \neffectiveness of the internal control systems for financial reporting of the Company and there were no deficiencies in the design or \noperation of such internal controls; and\n4. W e have indicated to the Auditors and the Audit Committee :\na) That there were no significa nt changes in internal control, over financial reporting, during the year;\nb) All significant changes in the accounting policy during the year, if any, have been disclosed in the notes in respective place in the \nfinancial statements; and\nc) There were no instances of fraud, of which we have become aware of and involvement therein, if any, of the management or an \nemployee having significant role in companies internal control system over financial reporting.\nFor Sandhar T echnologies Limited \nSd/-  Sd/ -\nJa yant Davar  Y ashpal Jain\nCo-Chairman &  Chief Finance Officer\nManaging Director  \nPlace: Gurgaon  \nDate: 18th May 2 022", "start_char_idx": 0, "end_char_idx": 2232, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ab6c47f5-6315-4947-a0b0-b35e26eb23b1": {"__data__": {"id_": "ab6c47f5-6315-4947-a0b0-b35e26eb23b1", "embedding": null, "metadata": {"page_label": "44", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "079ea064-d989-48fe-86a5-d2241cbd0628", "node_type": null, "metadata": {"page_label": "44", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "63d3b8cf579c7a8529abd1dff82a7c1764d699b9455739de98192e92a83e07d7"}}, "hash": "63d3b8cf579c7a8529abd1dff82a7c1764d699b9455739de98192e92a83e07d7", "text": "43\nAnnual Report 2021-22\nPRACTICING COMPANY SECRETARY\u2019S CERTIFICATE ON CORPORATE \nGOVERNANCE\nTo ,\nThe Members of,\nSandhar T echnologies Limited\nB-6/20 L.S.C. Safdarjung Enclave,\nNew Delhi-110029\nWe have examined the compliance of conditions of corporate governance by Sandhar T echnologies Limited (hereinafter referred \u201cthe \nCompany\u201d), for year ended the 31st March, 2022 as stipulated under Regulations 17 to 27, clause (b) to (i) and (t) of sub-regulation (2) \nof Regulation 46 and para C, D and E of schedule V of the Securities and Exchange Board of India (Listing Obligations and Disclosure \nRequirements) Regulations,2015 (\"SEBI Listing Regulations\").\nThe compliance of conditions of corporate governance is the responsibility of the management. Our examination was limited to procedures \nand implementation thereof, adopted by the Company for ensuring the compliance of the conditions of the Corporate Governance. It is \nneither an audit nor an expression of opinion on the financial statements of the Company.\nIn our opinion and to the best of our information and according to the explanations given to us, we certify that the Company has complied \nwith the conditions of corporate governance as stipulated in the above mentioned Listing Regulations, as applicable.\nWe further state that such compliance is neither an assurance as to the future viability of the Company nor efficiency or effectiveness with \nwhich the management has conducted the affairs of the Company\nFor M/s K. K. Sachdeva & Associates,\nCompany Secretaries\nSd/-  \nK. K. Sachdeva\n(Proprietor)\nFCS No. 7153, CP No. 4721\nUDIN: F007153D000337714\nDate: 18 May 2022  \nPlace: New Delhi", "start_char_idx": 0, "end_char_idx": 1657, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b1249e9b-44ae-4a82-8445-c389fbb75674": {"__data__": {"id_": "b1249e9b-44ae-4a82-8445-c389fbb75674", "embedding": null, "metadata": {"page_label": "45", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9a6904e1-864c-460b-821e-2bc005523ce5", "node_type": null, "metadata": {"page_label": "45", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "90b3b7403a6a3daee576e032e29b77562ad339d9a2d07a51070ee2dd87440812"}, "3": {"node_id": "e1f82b08-e469-44e0-98ea-cdfe8fbc8177", "node_type": null, "metadata": {"page_label": "45", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1a33535882353138e779aefe6473823c57c65a3549bff86a253ed2cc4b395c27"}}, "hash": "e8217e7b96d1babfbc1deee1dbb9e09e032be5e2a428f9b62c3d23906a0af335", "text": "Sandhar Technologies Limited44\nREPORT ON CORPORATE GOVERNANCE\nThe Board of Directors (\u201cthe Board\u201d / \u201cthe Directors\u201d) of Sandhar \nT echnologies Limited (\u201cSTL \u201d / \u201cthe Company\u201d) present the Company\u2019s \nReport on Corporate Governance for the year ended the 31st March, \n2022. The said report is in compliance with the terms of Regulation \n34(3) read with Schedule V to the Securities and Exchange Board \nof India (\u201cSEBI\u201d) (Listing Obligations and Disclosure Requirements) \nRegulations, 2015 (\u201cListing Regulations\u201d) as amended from time to \ntime. \nThe Company ensures that its governance framework incorporates \nthe amendments introduced in the Listing Regulations and the same \nare duly complied. \nI. PHILOSOPHY:\nThe Company is committed to set the highest standards of Corporate Governance right from its inception benchmarked with \nthe best in class practices across the globe. Effective Corporate \nGovernance is the manifestation of professional beliefs and values, \nwhich configures the organizational values and actions of its \nemployees. Transparency and accountability are the fundamental \nprinciples to sound Corporate Governance, which ensures that the \norganization is managed and monitored in a responsible manner. for \u2018creating and sharing value\u2019 . It is the key element to carry on business \noperations based on the principles of integrity, ethics, transparency \nand accountability. Systems and policies are required to be upgraded \nregularly, to meet the challenges of rapid growth in a dynamic \nbusiness environment. \nWe believe that there is a need to view Corporate Governance as \nmore than just regulatory requirements. There exists a fundamental \nlink between the organization of business, corporate responsibility \nand shareholder\u2019s wealth maximization. Therefore, your Company \nis executing a multi-stakeholder model (including shareholder value) \nof accountability that manages the relationship between the various \nstakeholders. This approach is central to day-to-day functioning of \nyour Company and in implementation of its business strategy. \nWe firmly believe that strong governance principles provide a \nnucleus for sustained value creation and build stronger bonds \nthat safeguard interests of all stakeholders. Your Company\u2019s core \nphilosophy revolves around Growth, Motivation and a Better \nLife. All employees of the Company are guided by the seven core \nvalues i.e. Spirit of accomplishment, Appropriate attitude, passion \nfor excellence, Dynamic, Honest, Accountable and Reliable. These \nhave been instilled in our corporate culture which is directed \ntowards continuously improving the Corporate Governance framework and work ethos of your Company. At Sandhar, the \nBoard of Directors (the \u2018Board\u2019) are at the core of our Corporate \nGovernance practices, it provides guidance to the Management and \nprotects the long-term interests of our stakeholders. Our Corporate \nGovernance framework ensures that we make timely disclosures and share accurate information regarding our financial, operational performance, as well as the leadership and governance of the Company. The philosophy on corporate governance is well observed \nand forms part of the Company\u2019s Code of Conduct for Directors and \nEmployees. \nThe Company is in compliance with the requirements stipulated \nunder Regulation 17 to 27 read with Schedule V and clauses (b) to \n(i) of sub-regulation (2) of Regulation 46 of Listing Regulations, as \napplicable, with regard to Corporate Governance.\nII. BOARD OF DIRECTORS:\nComposition: \nThe composition of Board of Directors of the Company is governed \nby the relevant provisions of the Companies Act, 2013 (\u2018Act\u2019) and \nrules made thereunder, Regulation 17 of Listing Regulations and all other applicable laws and in accordance with the best practices in \nCorporate Governance.\nThe Corporate Governance philosophy of your Company establishes \nthat the Board\u2019s independence is essential to bring objectivity and \ntransparency in the Management", "start_char_idx": 0, "end_char_idx": 3977, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e1f82b08-e469-44e0-98ea-cdfe8fbc8177": {"__data__": {"id_": "e1f82b08-e469-44e0-98ea-cdfe8fbc8177", "embedding": null, "metadata": {"page_label": "45", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9a6904e1-864c-460b-821e-2bc005523ce5", "node_type": null, "metadata": {"page_label": "45", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "90b3b7403a6a3daee576e032e29b77562ad339d9a2d07a51070ee2dd87440812"}, "2": {"node_id": "b1249e9b-44ae-4a82-8445-c389fbb75674", "node_type": null, "metadata": {"page_label": "45", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e8217e7b96d1babfbc1deee1dbb9e09e032be5e2a428f9b62c3d23906a0af335"}}, "hash": "1a33535882353138e779aefe6473823c57c65a3549bff86a253ed2cc4b395c27", "text": "the Board\u2019s independence is essential to bring objectivity and \ntransparency in the Management and in the dealings of the Company. \nAs of 31st March, 2022, the Board of Directors comprises of \n11 (Eleven) Directors, with an Executive Non- Independent Co-\nChairman & Managing Director, 6 (Six) Independent Directors, 4 \n(four) Non-Executive Non-Independent Director. The composition \nof Board of Directors represents optimal mix of professionalism, \nqualification, knowledge, skill sets, track record, integrity, expertise \nand diversity of experience as required in the automotive components \nbusiness. The Board reviews its strength and combination from time \nto time to ensure that it remains aligned with the statutory as well as \nbusiness requirements.\nFurther, as on the 31st March, 2022: \n1. None of the Directors on the Board held Directorships in more \nthan ten Public Companies; \n2. None of the Directors on the Board, was a member of more than \nten committees, across all public limited companies in which he/\nshe is a Director; and \n3. None of the Directors of the Company was a Chairman of more \nthan five committees across all public limited companies in which he/she is a director.\n4. None of the Directors of the Company was a Director in more \nthan seven listed entities.", "start_char_idx": 3883, "end_char_idx": 5170, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3f7550a2-a29e-42b8-b72d-cfd8f6467a12": {"__data__": {"id_": "3f7550a2-a29e-42b8-b72d-cfd8f6467a12", "embedding": null, "metadata": {"page_label": "46", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b05d42e2-0a5c-4e1d-80ad-037a6b46fbe1", "node_type": null, "metadata": {"page_label": "46", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f565171946ae1496e5dedd7e3729eafb15c1aa85da70a48239f1f357be8360b4"}, "3": {"node_id": "97af8ca5-f3f5-4de9-b6e5-d8ffb635a6dc", "node_type": null, "metadata": {"page_label": "46", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4def1a4b83a420db2dc08917cc6d77af030525c807067e880b2e4faf740590d3"}}, "hash": "c194f21d09409f67783862d84ee9506db59694fc4d16c73e2dfd6293fcc9fd2c", "text": "45\nAnnual Report 2021-22\nFor the purpose of sub-paragraphs (2) and (3) above, Chairmanship/ Membership of only the Audit Committee and/or the \nStakeholders\u2019 Relationship Committee have been considered. \nComposition of Board of Directors as on the 31st March, 2022\nName of Director Designation Category\nShri. Dharmendar Nath Davar\n(DIN : 00002008)Chairman, Non-Executive & Non-Independent Director Promoter\nShri. Jayant Davar \n(DIN: 00100801)Co-Chairman & Managing Director Promoter\nSmt. Monica Davar\n(DIN : 00100875)Non-Executive & Non-Independent Director Promoter\nShri Neel Jay Davari\n(DIN: 09201336)Non-Executive & Non-Independent Director Promoter\nShri Sandeep Dinodiaii\n(DIN: 00005395)Non-Executive & Non-Independent Director Non-Promoter\nShri. Arjun Sharma \n(DIN: 00003306)Non-Executive Independent Director Non-Promoter\nShri. Arvind Kapur \n(DIN: 00096308)Non-Executive Independent Director Non-Promoter\nShri. Mohan Lal Bhagat\n(DIN: 00699750)Non-Executive Independent Director Non-Promoter\nSmt. Archana Capoor\n(DIN: 01204170)Non-Executive Independent Director Non-Promoter\nShri.Vimal Mahendru\n(DIN: 00006016)Non-Executive Independent Director Non-Promoter\nShri. Bharat Anand\n(DIN: 02806475)Non-Executive Independent Director Non-Promoter\nNotes:\ni. Shri Neel Jay Davar (DIN: 09201336) was appointed as Additional Director (Non \u2013 Executive, Non-Independent) w.e.f the 06th August, 2021 and thereafter \nregularised as Director at Annual General Meeting held on the 23rd September, 2021.\nii. Shri Sandeep Dinodia (DIN:00005395) was appointed as Additional Director (Non \u2013 Executive, Non-Independent) w.e.f the 2nd February, 2022 and thereafter \nregularised as Director at Extra-Ordinary General Meeting held on the 28th April, 2022\niii. The Company lost Shri Ravinder Nagpal (DIN: 00102970), Non-Executive Independent Director due to his sudden demise on the 2nd May, 2021.\niv. Shri Krishan Lal Chugh (DIN: 00140124), Non-Executive Independent Director has resigned from the Board w.e.f the 08th September, 2021due to his advanced age \nand related health issues and there was no other material reason(s) behind his resignation.  \nv. Shri. Dharmendar Nath Davar, Chairman is the father of Shri Jayant Davar, Co-Chairman and Managing Director of the Company.\nvi. Smt. Monica Davar, Non-Executive and Non Independent Director is the spouse of Shri Jayant Davar, Co-Chairman and Managing Director of the Company.\nvii. Shri Neel Jay Davar is the son of Shri Jayant Davar, Co-Chairman and Managing Director and Smt. Monica Davar, Non-Executive and Non Independent Director of \nthe Company.\nviii. None of the other Directors is related to any other Director on the Board.\nIndependent Directors\nIndependent Directors are Non-Executive Directors as defined \nunder Regulation 16(1) (b) of the Listing Regulations read with \nSection 149(6) of the Act. The tenure of Independent Director(s) \nis in compliance with the Act. All the Independent Directors have \nconfirmed that they meet the criteria of independence as mentioned \nunder Regulation 16(1) (b) of the Listing Regulations read with \nSection 149(6) of the Act and are independent of the management.\nNot less than one-half of the Board of Directors of the Company \ncomprises of Non-Executive Independent Directors. \nAs on the 31st March, 2022, the Company had 6 Independent \nDirectors on Board. In relation to such Independent Directors, it is \nhereby confirmed that: \ni) Independent Directors of the Company, hold", "start_char_idx": 0, "end_char_idx": 3461, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "97af8ca5-f3f5-4de9-b6e5-d8ffb635a6dc": {"__data__": {"id_": "97af8ca5-f3f5-4de9-b6e5-d8ffb635a6dc", "embedding": null, "metadata": {"page_label": "46", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b05d42e2-0a5c-4e1d-80ad-037a6b46fbe1", "node_type": null, "metadata": {"page_label": "46", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f565171946ae1496e5dedd7e3729eafb15c1aa85da70a48239f1f357be8360b4"}, "2": {"node_id": "3f7550a2-a29e-42b8-b72d-cfd8f6467a12", "node_type": null, "metadata": {"page_label": "46", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c194f21d09409f67783862d84ee9506db59694fc4d16c73e2dfd6293fcc9fd2c"}}, "hash": "4def1a4b83a420db2dc08917cc6d77af030525c807067e880b2e4faf740590d3", "text": "it is \nhereby confirmed that: \ni) Independent Directors of the Company, hold office for a term up \nto 5 consecutive years.\nii) The Company has issued a formal letter of appointment to all \nIndependent Directors in a manner provided under the Act. iii) The Nomination and Remuneration Committee of the Board has \nlaid down the evaluation criteria for performance evaluation of \nthe Independent Directors. \niv) During the year, the Independent Directors of the Company held \nseparate meeting, without the attendance of Non Independent \nDirectors of the Company or members of its Management on the \n02nd February, 2022, wherein only the Independent Directors \nof the Company were present. \nv) None of the Independent Directors of the Company serve as an \nIndependent Director in more than seven companies listed in \nIndia; \nvi) None of the Independent Directors of the Company who also \nserve as Whole Time Directors in any other listed company, \nserve as an Independent Director in more than three companies \nlisted in India.", "start_char_idx": 3385, "end_char_idx": 4408, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9b35a9b6-7865-41fe-9830-67da3551e2cc": {"__data__": {"id_": "9b35a9b6-7865-41fe-9830-67da3551e2cc", "embedding": null, "metadata": {"page_label": "47", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "7391437d-5b67-4f11-b8ce-870facc7b0a5", "node_type": null, "metadata": {"page_label": "47", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3de4f84daea5a12f19c431260da735785c906f68439772ab9ea45da0c1aaacce"}}, "hash": "3de4f84daea5a12f19c431260da735785c906f68439772ab9ea45da0c1aaacce", "text": "Sandhar Technologies Limited46\nMeetings of the Board\nThe Board met 4 (Four) times during t he Financial Year 2021-22 and there has not been a time gap of more than 120 days between any \ntwo meetings of the Board.\nDirectors\u2019 attendance at the Board Meetings held during the year as well as at the last Annual General Meeting (AGM) are given \nherein below:\nS. \nNoQuarter Designation I II III IV No. of \nT otal \nMeetings \nAttendedAttendance \nat Last \nAnnual \nGeneral \nMeetingDate of Meeting 21.05.2021 06.08.2021 12.11.2021 02.02.2022\nDirector Name (Through \nVC)(Through \nVC)(Through \nVC)(Through \nVC)\n1. Shri. Dharmendar Nath \nDavarChairman, Non-\nExecutive & Non-\nIndependent Director\u221a \u221a \u221a \u221a 4 \u221a\n2. Shri Jayant Davar Co-Chairman & \nManaging Director\u221a \u221a \u221a \u221a 4 \u221a\n3. Smt Monica Davar Non-Executive & Non-\nIndependent Director\u221a \u221a \u221a \u221a 4 \u221a\n4. Shri Neel Jay Davar iNon-Executive & Non-\nIndependent DirectorN.A. \u221a \u221a \u221a 3 \u221a\n5. Shri Sandeep Dinodia iiNon-Executive & Non-\nIndependent DirectorN.A. N.A. N.A. \u221a 1 N.A.\n6. Shri Arjun Sharma Non-Executive \nIndependent Director\u221a \u221a \u221a \u221a 4 \u221a\n7. Shri Arvind Kapur Non-Executive \nIndependent Director\u221a \u221a \u221a \u221a 4 \u221a\n8. Shri Mohan Lal Bhagat Non-Executive \nIndependent Director\u221a \u221a LOA \u221a 3 LOA\n9. Smt. Archana Capoor Non-Executive \nIndependent Director\u221a \u221a \u221a \u221a 4 \u221a\n10. Shri Vimal Mahendru Non-Executive \nIndependent Director\u221a \u221a \u221a \u221a 4 \u221a\n11. Shri Bharat Anand Non-Executive \nIndependent Director\u221a \u221a \u221a \u221a 4 \u221a\n12. Shri Krishan Lal Chug iiiNon-Executive \nIndependent Director\u221a \u221a N.A. N.A. 2 N.A.\nT otal Board Strength 10 11 10 11\nT otal Present 10 11 9 11\nAbsent 0 0 1 0\nNotes:\ni. Shri Neel Jay Davar (DIN: 09201336) was appointed as Additional Director (Non \u2013 Executive, Non-Independent) w.e.f the 06th August, 2021 and thereafter \nregularised as Director at Annual General Meeting held on the 23rd September, 2021.\nii. Shri Sandeep Dinodia (DIN:00005395) was appointed as Additional Director (Non \u2013 Executive, Non-Independent) w.e.f the 2nd February, 2022 and thereafter \nregularised as Director at Extra-Ordinary General Meeting held on the 28th April, 2022.\niii. Shri Krishan Lal Chugh (DIN: 00140124), Non-Executive Independent Director has resigned from the Board w.e.f the 08th September, 2021due to his advanced age \nand related health issues and there was no other material reason(s) behind his resignation.  \niv.  The Company lost Shri Ravinder Nagpal (DIN: 00102979), Non-Executive Independent Director due to his sudden demise on the 2nd May, 2021\nShri Dharmendar Nath Davar, Chairman, Non-Executive Non Independent Director, Shri Jayant Davar, Co-Chairman & Managing Director \nand Smt. Monica Davar, Non- Executive Non Independent Director and Shri Neel Jay Davar, Non- Executive Non Independent Directors of \nthe Company are relatives in terms of the Act.", "start_char_idx": 0, "end_char_idx": 2783, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7bc6a008-f4ea-4497-b8c9-0186eb047ba6": {"__data__": {"id_": "7bc6a008-f4ea-4497-b8c9-0186eb047ba6", "embedding": null, "metadata": {"page_label": "48", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4aeae544-47a1-4970-80f8-bdbd5b8925b9", "node_type": null, "metadata": {"page_label": "48", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b56f93a3457a8501a0907f28c389d236ca2de4f2a4c1688ba803d04878bcde62"}}, "hash": "b56f93a3457a8501a0907f28c389d236ca2de4f2a4c1688ba803d04878bcde62", "text": "47\nAnnual Report 2021-22\nOther Directorships, Chairmanships and Memberships of the Board members\n(a) T able indicating details of Directors serving directorships in other listed entities as on the 31st March, 2022\nS. No Name of the Director Name of listed entity Category of Directorship\n1. Shri Dharmendar Nath Davar Landmark Property Development Company Limited Director\n2. Shri Jayant Davar i. Jagran Prakashan Limited\nii. HEG LimitedIndependent Director\n3 Shri Arvind Kapur i. Rico Auto Industries Limited\nii. Subros LimitedManaging Director\nIndependent Director\n4 Shri Sandeep Dinodia i. Ester Industries Limited\nii The Hi-T ech Gears LimitedIndependent Director\nIndependent Director\n5 Smt. Archana Capoor i. RSWM Limited \nii. Maral Overseas Limited\niii. S Chand and Company Limited\niv. Birla Cable LimitedIndependent Director\nNote: Other Directorships do not include Directorships of private limited companies, fo reign companies and companies under Section 8 of the Act. \n(b) T able indicating details number of Directorships and Committee Chairmanship/Memberships held by the Directors of the \nCompany in other public limited Companies as on the 31st March, 2022\nS. \nNo.Name of the \nDirectorDesignation No. of \nDirectorship \nin listed \nentities \nincluding this \nlisted entityNo. of memberships \nin Audit/\nStakeholder \nCommittee (s) \nincluding this listed \nentityNo. of post of \nChairperson in \nAudit/ Stakeholder \nCommittee held \nin listed entities \nincluding this listed \nentity\n1 Shri. Dharmendar \nNath DavarChairman, Non- Executive & Non-\nIndependent Director2 - -\n2 Shri Jayant Davar Co-Chairman & Managing Director 3 2 -\n3 Smt Monica Davar Non-Executive & Non- Independent Director 1 - -\n4 Shri Neel Jay Davar iNon-Executive & Non- Independent Director 1 - -\n5 Shri Sandeep \nDinodia iiNon-Executive & Non-Independent Director 3 3 2\n6 Shri Arjun Sharma Non-Executive Independent Director 1 1 1\n7 Shri Arvind Kapur Non-Executive Independent Director 3 3 -\n8 Shri Mohan Lal \nBhagatNon-Executive Independent Director 1 - -\n9 Smt Archana Capoor Non-Executive Independent Director 5 5 2\n10 Shri Vimal Mahendru Non-Executive Independent Director 1 - -\n11 Shri Bharat Anand Non-Executive Independent Director 1 - -\nNotes:\ni. Shri Neel Jay Davar (DIN: 09201336) was appointed as Additional Director (Non \u2013 Executive, Non-Independent) w.e.f the 06th August, 2021 and thereafter \nregularised as Director at Annual General Meeting held on the  23rd September, 2021.\nii. Shri Sandeep Dinodia (DIN:00005395) was appointed as Additional Director (Non \u2013 Executive, Non-Independent) w.e.f the 2nd February, 2022 and thereafter \nregularised as Director at Extra-Ordinary General Meeting held on the 28th April, 2022.\niii. Shri Krishan Lal Chugh (DIN: 00140124), Non-Executive Independent Director has resigned from the Board w.e.f the 08th September, 2021due to his advanced age \nand related health issues and there was no other material reason(s) behind his resignation.  \niv.  The Company lost Shri Ravinder Nagpal (DIN: 00102979), Non-Executive Independent Director due to his sudden demise on the 2nd May, 2021.\nv. For the purpose of determination of limit of the Board Committees, chairpersonship and membership of the Audit Committee and Stakeholders\u2019 Relationship \nCommittee have been considered as per Regulation 26(1) (b) of the  Listing Regulations.", "start_char_idx": 0, "end_char_idx": 3354, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "56c66a91-bf63-44d7-9034-53a046fcc90b": {"__data__": {"id_": "56c66a91-bf63-44d7-9034-53a046fcc90b", "embedding": null, "metadata": {"page_label": "49", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "64e30324-5404-4247-bf3f-c683247d6f52", "node_type": null, "metadata": {"page_label": "49", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "32081817eba0bab855bd89486f627fcce73de3641ab17b41fb272916cbaa6fcd"}, "3": {"node_id": "6c674a20-6a2f-4375-8fbb-e0026ebb5a18", "node_type": null, "metadata": {"page_label": "49", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f50189083ea1bb6526d91e2fb93685f970c0742032fefcfc21f8a6335b5feb7c"}}, "hash": "30b1794216f7040a973727446a6305ccca9c857e863ed1e8d7a875d243944aea", "text": "Sandhar Technologies Limited48\n(c) Board qualifications, e xpertise and attributes\nThe eligibility of a person to be appointed as a Director of the Company is dependent on whether the person possesses the requisite\nskill sets identified by the Board and whether the person is a proven leader in a business that is relevant to the Company\u2019s business or is \na proven academician in the field relevant to the Company\u2019s business. The Board has adequate mix of skills, expertise and competencies \nfor running the business of the Company as detailed below:\nS. \nNo.Name of  \nDirectorDesignation Strategy & \nPlanningAdminis-\ntration and \nManage -\nmentGover -\nnanceSales and \nMarketingFinance \nand LawOpera-\ntions\n1 Shri Dharmendar \nNath DavarChairman, Non- Executive & Non-Independent Director\u221a \u221a \u221a - \u221a -\n2 Shri Jayant \nDavarCo-Chairman & Managing Director\u221a \u221a \u221a \u221a \u221a \u221a\n3 Smt Monica DavarNon-Executive & Non-Independent Director- \u221a \u221a \u221a - -\n4 Shri Neel Jay Davar Non-Executive &  Non-Independent Director\u221a \u221a - - - \u221a\n5 Shri Sandeep DinodiaNon-Executive & Non-Independent Director\u221a \u221a \u221a \u221a \u221a -\n6 Shri Arjun SharmaNon-Executive Independent Director\u221a \u221a \u221a \u221a - \u221a\n7 Shri Arvind \nKapurNon-Executive Independent Director\u221a \u221a \u221a \u221a \u221a \u221a\n8 Shri Mohan Lal \nBhagatNon-Executive Independent Director\u221a \u221a \u221a - \u221a -\n9 Smt Archana \nCapoorNon-Executive Independent Director\u221a \u221a \u221a - \u221a -\n10 Shri Vimal MahendruNon-Executive Independent Director\u221a \u221a \u221a \u221a \u221a \u221a\n11 Shri Bharat Anand Non-Executive Independent Director\u221a \u221a \u221a - \u221a -\nDuring Financial Year 2021-2022, information  mentioned in Part A of Schedule II of the  Listing Regulations, and compliance report of \nall applicable laws was duly placed before the Board for its consideration. Further, the Directors were provided the Video-conferencing facility to participate in the meetings. \nDetails of Equity Shares of the Company held by the Directors as on the 31st March, 2022:\nS. \nNoName Designation Number of equity shares\n1 Shri Dharmendar Nath Davar Chairman, Non- Executive & Non-Independent Director 839,582\n2 Shri Jayant Davar Co-Chairman & Managing Director 3,14,31,396\n3 Smt. Monica Davar Non-Executive & Non \u2013 Independent Director 26,22,930\n4 Shri Neel Jay Davar iNon-Executive & Non-Independent Director 15,55,995\n5 Shri Sandeep Dinodia iiNon-Executive & Non Independent Director 3200\n6 Shri Arjun Sharma Non-Executive Independent Director Nil\n7 Shri Arvind Kapur Non-Executive Independent Director Nil\n8 Shri Mohan Lal Bhagat Non-Executive Independent Director Nil\n9 Smt. Archana Capoor Non-Executive Independent Director Nil\n10 Shri.Vimal Mahendru Non-Executive Independent Director Nil\n11 Shri Bharat Anand Non-Executive Independent Director Nil\nNotes:\ni. Shri Neel Jay Davar (DIN: 09201336) was appointed as Additional Director (Non \u2013 Executive, Non-Independent) w.e.f the 06th August, 2021 and thereafter \nregularised as Director at Annual General Meeting held on the 23rd September, 2021.\nii. Shri Sandeep Dinodia (DIN:00005395) was appointed as Additional Director (Non \u2013 Executive, Non-Independent) w.e.f the 02nd February, 2022 and thereafter \nregularised as Director at Extra-Ordinary General Meeting held on the 28th April, 2022.\niii. Shri Krishan Lal Chugh (DIN: 00140124), Non-Executive Independent Director has resigned from the Board w.e.f the 08th September, 2021due to his advanced age", "start_char_idx": 0, "end_char_idx": 3321, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6c674a20-6a2f-4375-8fbb-e0026ebb5a18": {"__data__": {"id_": "6c674a20-6a2f-4375-8fbb-e0026ebb5a18", "embedding": null, "metadata": {"page_label": "49", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "64e30324-5404-4247-bf3f-c683247d6f52", "node_type": null, "metadata": {"page_label": "49", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "32081817eba0bab855bd89486f627fcce73de3641ab17b41fb272916cbaa6fcd"}, "2": {"node_id": "56c66a91-bf63-44d7-9034-53a046fcc90b", "node_type": null, "metadata": {"page_label": "49", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "30b1794216f7040a973727446a6305ccca9c857e863ed1e8d7a875d243944aea"}}, "hash": "f50189083ea1bb6526d91e2fb93685f970c0742032fefcfc21f8a6335b5feb7c", "text": "the Board w.e.f the 08th September, 2021due to his advanced age \nand related health issues\niv.  The Compan y lost Shri Ravinder Nagpal (DIN: 00102979), Non-Executive Independent Director due to his sudden demise on the 02nd May, 2021.", "start_char_idx": 3258, "end_char_idx": 3492, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d21f8c27-c226-401a-93a7-006b950642a0": {"__data__": {"id_": "d21f8c27-c226-401a-93a7-006b950642a0", "embedding": null, "metadata": {"page_label": "50", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3cd3fa1f-265b-45e7-824b-c5169408b28d", "node_type": null, "metadata": {"page_label": "50", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b5fbbfaa5ab89386a1b625ead2312c492c5ed93bcb99f1b5052ff2a482dfd43f"}, "3": {"node_id": "c95c1057-1c6f-4fcf-816c-a55623605f88", "node_type": null, "metadata": {"page_label": "50", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c72789d8a73cb6eec698808f1f2f57420bf26595bea93c1cf73175d066a759e9"}}, "hash": "4278061ccfed3af4e6a017e750e75a34e48286d62513f5a11d5e64a02e1b1c98", "text": "49\nAnnual Report 2021-22\nCONVERTIBLE INSTRUMENT\nThe Company has not issued any convertible instruments during the \nyear.\nIII. BOARD COMMITTEES \nThe Board has constituted various Committees of Directors to monitor the activities in accordance with Board approved terms of \nreference. The Board Committees focus on specific areas and take \ninformed decisions on the specific businesses assigned to them in \nthe best interest of the Company. \nThe Committees also make specific recommendations to the \nBoard on various matters whenever required. All observations, \nrecommendations and decisions of the Committees are placed \nbefore the Board for information or for approval. During the financial \nyear 2021-22, the Board has accepted all the recommendations of \nthe Committees. \nThe Company Secretary adheres to the same laws and regulations \nfor conducting the meeting of the Committees as applicable for the Board Meetings. Some of the Committees of the Board \nwere reconstituted to align with the provisions of the Act, Listing \nRegulations and to meet the business requirements during the year \nunder review. The terms of reference of the Board Committees are \nreviewed from time to time and on annual basis to align the same \nwith the regulatory/business requirements. The Company has \nSeven Board Committees as on the 31st March, 2022, which are \nbriefly described below:\nA. A UDIT COMMITTEE\nThe primary objective of the Audit Committee is to act as a\ncatalyst in helping the Company to achieve its objectives by\noverseeing the Integrity of the Company\u2019s Financial Statements; \nAdequacy & reliability of the Internal Control Systems of the \nCompany; Compliance with legal & regulatory requirements \nand the Company\u2019s Code of Conduct; Performance of the \nCompany\u2019s Statutory & Internal Auditors.\nAudit Committee monitors & provides an effective supervision \nof the financial reporting process of the Company with a view to ensure accurate and timely disclosures with the highest level \nof transparency, integrity and quality. \na) T erms of Reference: \nThe Audit Committee was constituted at a meeting of \nthe Board of Directors held on 31st May, 2010, and was subsequently reconstituted, on the 21st February, 2018, \n26th May, 2018, 19th December, 2018, 26th February \n2021 and 04th May, 2021. The Committee adopted new \nterms of reference in the Board Meeting held on the \n06th August, 2021. The scope and function of the Audit \nCommittee is in accordance with Section 177 of the Act \nand Regulation 18 of the Listing Regulations and inter-\nalia, includes the following: \n1. Ov ersig ht of the Company\u2019s financial reporting \nprocess and the disclosure of its financial information \nto ensure that the financial statement is correct, \nsufficient and credible;\n2. Recommendation for appointment, remuneration \nand terms of appointment of auditors of the\nCompany;\n3. Appro val of payment to statutory auditors for any \nother services rendered by the statutory auditors4. Re viewing, with the management, the annual \nfinancial statements and auditor\u2019s report thereon before submission to the board for approval, with \nparticular reference to; \n5. Matters required to be included in the director\u2019s \nresponsibility statement to be included in the\nboard\u2019s report in terms of clause (c) of sub-section \n(3) of Section 134 of the Act; \n6. changes,  if any, in accounting policies and practices \nand reasons for the same;\n7. major accounting entries involving estimates based \non the exercise of judgment by management; \n8. Sign ificant adjustments made in the financial \nstatements arising out of audit findings;\n9. complia nce with listing and other legal requirements \nrelating to financial statements;\n10. Disclosure of an y related party transactions; \n11. Modified opinion(s) in t he draft audit report\n12. Re viewing, with the management, the quarterly \nfinancial statements before submission to the board \nfor approval\n13. Re viewing,  with  the  management,  the ", "start_char_idx": 0, "end_char_idx": 3964, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c95c1057-1c6f-4fcf-816c-a55623605f88": {"__data__": {"id_": "c95c1057-1c6f-4fcf-816c-a55623605f88", "embedding": null, "metadata": {"page_label": "50", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3cd3fa1f-265b-45e7-824b-c5169408b28d", "node_type": null, "metadata": {"page_label": "50", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b5fbbfaa5ab89386a1b625ead2312c492c5ed93bcb99f1b5052ff2a482dfd43f"}, "2": {"node_id": "d21f8c27-c226-401a-93a7-006b950642a0", "node_type": null, "metadata": {"page_label": "50", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4278061ccfed3af4e6a017e750e75a34e48286d62513f5a11d5e64a02e1b1c98"}}, "hash": "c72789d8a73cb6eec698808f1f2f57420bf26595bea93c1cf73175d066a759e9", "text": "approval\n13. Re viewing,  with  the  management,  the  statement  \nof  uses  /  application  of  funds raised  through  an  issue  (public  issue,  rights  issue,  preferential  issue,\netc.),  the statement  of  funds  utilized  for  purposes  \nother  than  those  stated  in  the  offer document  /  \nprospectus  /  notice  and  the  report  submitted  by  \nthe  monitoring agency  monitoring  the  utilisation\nof  proceeds  of  a  public  or  rights  issue,  and making \nappropriate recommendations to the board to take \nup steps in this matter\n14. Re viewing and monitoring the auditor\u2019s \nindependence and performance, and effectiveness \nof audit process\n15. Appro val or any subsequent modification of \ntransactions of the Company with related parties;\n16. Scrutin y of inter-corporate loans and investments\n17. V aluation of undertakings or assets of the listed \nentity, wherever it is necessary\n18. Evalua tion of internal financial controls and risk \nmanagement systems\n19. Re viewing, with the management, performance of \nstatutory and internal auditors, adequacy of the internal control systems;\n20. Re viewing the adequacy of internal audit function,\nif any, including the structure of the internal auditdepartment, staffing and seniority of the official \nheading the department, reporting structure \ncoverage and frequency of internal audit\n21. Discussion with internal auditors of any significant \nfindings and follow up there on\n22. Re viewing the findings of any internal investigations \nby the internal auditors into matters where there is suspected fraud or irregularity or a failure of internal \ncontrol systems of a material nature and reporting\nthe matter to the board;\n23. Discussion with statutory auditors before the audit\ncommences, about the nature and scope of audit as", "start_char_idx": 3910, "end_char_idx": 5704, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "682b77c7-1ae2-4155-8c26-8df960693b76": {"__data__": {"id_": "682b77c7-1ae2-4155-8c26-8df960693b76", "embedding": null, "metadata": {"page_label": "51", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "807d987b-5ffc-4809-9078-f63887ad4340", "node_type": null, "metadata": {"page_label": "51", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ca440da89611493d01dc487ce10863c46280e9a74034f48c8d681dfd59c290d1"}, "3": {"node_id": "6ba48a85-d9ca-4780-b726-7c495c737e94", "node_type": null, "metadata": {"page_label": "51", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5f51ea30d43bafad20d2f93e086e6127208bf168efbe9723d75e3de6f2616f78"}}, "hash": "39fb78dbed69c8a94b813c697e8966769b6311592c39852e7d823aed7ff72ac2", "text": "Sandhar Technologies Limited50\nwell as post-audit discussion to ascertain any area \nof concern\n24. T o look into the reasons for substantial defaults in \nthe payment to the depositors, debenture holders, shareholders (in case of non-payment of declared\ndividends) and creditors; \n25. T o review the functioning of the whistle blower \nmechanism\n26. Appro val   of appointment   of   chief   financial   officer \nafter   assessing   the qualifications, experience and \nbackground, etc. of the candidate\n27. Ca rrying out any other function as is mentioned in \nthe terms of reference of the audit committee\n28. Re viewing the utilization of loans and/ or advances \nfrom/investment by the holding company in the subsidiary exceeding rupees 100  crore  or  10%  of  \nthe  asset size  of  the  subsidiary,  whichever  is  lower \nincluding  existing  loans  /  advances  / investments \nexisting as on the date of coming into force of this\nprovision. \n29. Re view management discussion and analysis of \nfinancial condition and results of operations; \n30. Re view statement of significant related party \ntransactions (as defined by the audit committee), submitted by management;\n31. Re view management letters / letters of internal \ncontrol weaknesses issued by the statutory auditors;\n32. Re view internal audit reports relating to internal \ncontrol weaknesses; and\n33. Re view the appointment, removal and terms of \nremuneration of the chief internal auditor.34. Re view statement of deviations:\n35. Re view quarterly statement of deviation(s) including \nreport of monitoring agency, if applicable, submitted to the stock exchange(s) in terms of Regulation \n32(1) of SEBI (LODR) Regulations, 2015\n36. Re view annual statement of funds utilized for \npurposes other than those stated in the offer\ndocument/ prospectus/notice in terms of Regulation \n32(7) of SEBI (LODR) Regulations, 2015\n37. T o review compliance with the provisions of Insider \nTrading Regulations at least once in a financial year \nand verify that the systems for internal control are\nadequate and are operating effectively.\n38. T o consider and comment on rationale, cost-benefits \nand impact of schemes involving merger, demerger, amalgamation etc., on the listed entity and its \nshareholders.\nThe Audit Committee is required to meet at least four times in a year under Regulation 18 of the SEBI (LODR) Regulations, 2015. \nThe Chairman of the Audit Committee is a Non-Executive \nIndependent Director of the Company.\nb) Composition, Meetings & Attendance during the y ear \nAs on the 31st March, 2022, the Audit Committee comprised \nof 3 members majority of them being Independent Directors \nin compliance with the provisions of Section 149 of the Act and \nRegulation 18 of the SEBI (LODR) Regulations, 2015. During \nthe year under review, 4 (Four) Audit Committee meetings \nwere held and the time gap between any two meetings was less \nthan 120 days.\nThe details of the Audit Committee meetings held during 2021-2022 are given as under:\nS. No Quarter I II III IV No. of total \nmeetings \nattendedDate of \nMeeting21.05.2021 06.08.2021 12.11.2021 02.02.2022\nMember \nNameDesignation on \nCommitteeDesignation on \nBoard\n1 Smt. Archana \nCapoorChairperson Non-Executive Independent Director\u221a \u221a \u221a \u221a 4\n2 Shri Arvind \nKapurMember Non-Executive Independent Director\u221a \u221a \u221a \u221a 4\n3 Shri Jayant Davar Member Co-Chairman and Managing Director\u221a \u221a \u221a \u221a 4\nT otal no. of Members 3 3 3 3\nT otal Present 3 3 3 3\nAbsent 0 0 0 0\nNotes:\n\u2022 The necessary quorum was present for  all the meetings.\n\u2022 The Compan y lost Shri Ravinder Nagpal, Non-Executive Independent Director due to his sudden", "start_char_idx": 0, "end_char_idx": 3621, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6ba48a85-d9ca-4780-b726-7c495c737e94": {"__data__": {"id_": "6ba48a85-d9ca-4780-b726-7c495c737e94", "embedding": null, "metadata": {"page_label": "51", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "807d987b-5ffc-4809-9078-f63887ad4340", "node_type": null, "metadata": {"page_label": "51", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ca440da89611493d01dc487ce10863c46280e9a74034f48c8d681dfd59c290d1"}, "2": {"node_id": "682b77c7-1ae2-4155-8c26-8df960693b76", "node_type": null, "metadata": {"page_label": "51", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "39fb78dbed69c8a94b813c697e8966769b6311592c39852e7d823aed7ff72ac2"}}, "hash": "5f51ea30d43bafad20d2f93e086e6127208bf168efbe9723d75e3de6f2616f78", "text": "lost Shri Ravinder Nagpal, Non-Executive Independent Director due to his sudden demise on the 02nd May 2021. \n\u2022 Smt Archana Capoor was appointed as Chairman of Audit Committee & Shri Jayant Davar was appointed as member by the Board of Directors of the Company \nthrough circular resolution dated the 04th May, 2021.", "start_char_idx": 3542, "end_char_idx": 3857, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d62c1edf-37b0-42ea-bbe6-df6f7fb24902": {"__data__": {"id_": "d62c1edf-37b0-42ea-bbe6-df6f7fb24902", "embedding": null, "metadata": {"page_label": "52", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "74934cc8-744c-42b0-a799-67bab44228d3", "node_type": null, "metadata": {"page_label": "52", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1a63f6aa5a9953c8f7d1275a5cb7d9a47b124a71addf92fe36156a267886c5a5"}, "3": {"node_id": "67ec758a-1fff-45b3-a634-d84d4b2fee5a", "node_type": null, "metadata": {"page_label": "52", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8da45c5aa039b25632f32c363f21b622cec1c513f448523ecf5dcded1ced63a0"}}, "hash": "1458ce605b6a2122b4d6c41007c39835056ca85e32f982a2d466702cf8fa9036", "text": "51\nAnnual Report 2021-22\nIn addition to the members of the Audit Committee, these meetings \nwere attended by Chairman of the Board, Chief Financial Officer & \nCompany Secretary, Statutory Auditor, Internal Auditor and/or their \nrepresentatives, wherever necessary and by such executives of the \nCompany as were considered necessary for providing inputs to the \nCommittee.\nB. NOMINA TION & REMUNERATION COMMITTEE\nThe constitution and the terms of reference of the Nomination & Remuneration Committee (\u201cNRC\u201d) are in compliance with the \nprovisions of Section 178(1) of the Act and Regulation 19 of the \nSEBI (LODR) Regulations, 2015.\na) T erms of Reference:\nThe Nomination and Remuneration Committee was\noriginally constituted as \u201cRemuneration Committee\u201d by a \nmeeting of the Board of Directors held on 23rd July, 2005, \nand was subsequently reconstituted, on the 21st February, \n2018, the 04th May, 2021 and the 16th September, 2021. \nInitially, the terms of reference were changed on the 23rd \nMay, 2014 and the Committee adopted new terms of \nreference in the Board Meeting held on the 13th August, \n2019, inter-alia, includes the following: \n1. F orm ulation of the criteria for determining\nqualifications, positive attributes and independence \nof a  director  and  recommend  to  the  board  of\ndirectors  a  policy relating  to,  the  remuneration  of  \nthe  directors,  key  managerial  personnel  and  other \nempl oyees2. F ormulation of criteria for evaluation of performance  \nof  independent  directors, board of directors, its \ncommittees and individual directors to be carried\nout either by the Board, by the Nomination and \nRemuneration Committee or by an independent\nexternal agency and review its implementation and\ncompliance\n3. De vising a policy on diversity of Board of Directors; \n4. Identifying persons who are qualified to become \ndirectors and who may be appointed in seniormanagement in accordance with the criteria  laid\ndown,  and recommend to the board of directors \ntheir appointment and removal. \n5. Whether to extend or continue the term of \nappointment of the independent director, on the basis of the report of performance evaluation of\nindependent directors. \n6. Recommend to the board, all remuneration, in \nwhatever form, payable to senior management. \n7. T o develop a succession plan for the Board and to \nregularly review the plan.\n8. Such other terms of references as prescribed / \ndefined under Companies Act, 2013 and Listing \nRegulations from time to time.\nb) Composition, Meetings & Attendance during the y ear\nThe details of its composition and of the meetings held during the Financial Year 2021-2022 are as under:\nS. \nNoMember Name Designation on CommitteeDesignation on Board Meeting held in the Financial Year \n2021-2022No. of total \nmeetings \nattended\n06.08.2021 02.02.2022\n1 Shri K.L. Chugh  \n(upto 08.09.2021)Chairman Non-Executive Independent \nDirector\u221a NA 1\n2 Shri Vimal Mahendru  \n(w.e.f 16.09.2021)Chairman Non-Executive Independent Director\u221a \u221a 2\n3 Shri Arjun Sharma Member Non-Executive Independent Director\u221a \u221a 2\n4 Shri Mohan Lal Bhagat Member Non-Executive Independent DirectorNA \u221a 1\nT otal no. of Members 3 3\nT otal Present 3 3\nAbsent 0 0\nNotes:\n\u2022 The necessary quorum was present for  all the meetings.\n\u2022 The Compan y lost Shri Ravinder Nagpal, Non-Executive Independent Director due to his sudden demise on the 02nd May 2021. \n\u2022 Shri Vimal Mahendru was appointed as Member of Nomination and Remuneration Committee through circular resolution dated 04th May, 2021 and subsequently \nappointed as Chairman of the Committee through circular resolution dated the 16th Se ptember, 2021.\n\u2022 Shri Krishan", "start_char_idx": 0, "end_char_idx": 3654, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "67ec758a-1fff-45b3-a634-d84d4b2fee5a": {"__data__": {"id_": "67ec758a-1fff-45b3-a634-d84d4b2fee5a", "embedding": null, "metadata": {"page_label": "52", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "74934cc8-744c-42b0-a799-67bab44228d3", "node_type": null, "metadata": {"page_label": "52", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1a63f6aa5a9953c8f7d1275a5cb7d9a47b124a71addf92fe36156a267886c5a5"}, "2": {"node_id": "d62c1edf-37b0-42ea-bbe6-df6f7fb24902", "node_type": null, "metadata": {"page_label": "52", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1458ce605b6a2122b4d6c41007c39835056ca85e32f982a2d466702cf8fa9036"}}, "hash": "8da45c5aa039b25632f32c363f21b622cec1c513f448523ecf5dcded1ced63a0", "text": "resolution dated the 16th Se ptember, 2021.\n\u2022 Shri Krishan Lal Chugh (DIN: 00140124), Non-Executive Independent Director has resigned from the Board w.e.f the 08th September, 2021 due to his advanced age \nand related health issues  and consequently ceased to be a member of the Committee. \n\u2022 Shri Mohan Lal B hagat was appointed as Member of Nomination and Remuneration Committee through circular resolution dated the 16th September, 2021.", "start_char_idx": 3596, "end_char_idx": 4035, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "2d4aeef4-8078-4c51-a9b2-72527b1e8ffb": {"__data__": {"id_": "2d4aeef4-8078-4c51-a9b2-72527b1e8ffb", "embedding": null, "metadata": {"page_label": "53", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "a088930b-e218-4739-bdb9-2fa930b4d15f", "node_type": null, "metadata": {"page_label": "53", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5c5406e177f679c4bbe4498f88084433f859309ab595713211127a2e9d9d86f2"}, "3": {"node_id": "edbe0a32-da96-484f-a327-5e601df32705", "node_type": null, "metadata": {"page_label": "53", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b6526776d8d08f5428bd9122bd47a234b7ee0bedbaa1aa86944a60996e32e4b9"}}, "hash": "89ee4cf790d034c148deac6e02b85ab0c14a9054191f68dc14523e074f7accc5", "text": "Sandhar Technologies Limited52\nPERFORMANCE EVALUATION\nPursuant to the provisions of the Act and Listing Regulations and \nas per Company\u2019s policy on performance evaluation, the Company \nSecretary circulated the questionnaire to all the Directors for \nperformance evaluation of the Board, its committees and Individual \nDirectors for the F.Y.2021-2022.\nOn the basis of feedback received, the Chairman briefed the Board \nabout the performance evaluation of Board, its committees and \nIndividual Directors for the F.Y.2021-2022.\nC. ST AKEHOLDERS\u2019 RELATIONSHIP COMMITTEE\nThe Board constituted a Stakeholders\u2019 Relationship Committee pursuant to Section 178(5) of the Act and Regulation 20 of the \nListing Regulations, to look into the redressal of grievances of \nshareholders and other security holders, if any.\na) T erms of Reference\nThe Stakeholders\u2019 Relationship Committee was \nconstituted by the Board of Directors at their meeting \nheld on the 03rd September, 2015. The Committee was \nreconstituted by the Board at its meeting held on 29th \nMarch, 2018,. The terms of reference of the Stakeholders\u2019 \nRelationship Committee, inter-alia, includes the following: \n1. Resolving  the  grievances  of  the  security  holders \nof  the  Company  including complaints related totransfer/transmission of shares, non-receipt of \nannual report, non-receipt of declared dividends, \nissue of new/duplicate certificates, general meetings \netc.2. Re view of measures taken for effective exercise of \nvoting   rights   by shareholders. \n3. Re view  of  adherence  to  the  service  standards  \nadopted  by  the  Company  in respect of various\nservices being rendered by the Registrar & Share\nTransfer Agent. \n4. Re view  of  the  various  measures  and  initiatives  \ntaken  by  the  Company for reducing  the  quantum  \nof  unclaimed  dividends  and  ensuring  timely  receipt  \nof  dividend warrants/annual reports/statutory \nnotices by the shareholders of the company.\n5. Giving effect to all transfer/transmission of shares \nand debentures, dematerialization of shares and rematerialisation of shares, split and issue of \nduplicate/consolidated share certificates, allotment \nand listing of shares, buy back of shares, compliance \nwith all the requirements related to shares, \ndebentures and other securities from time to time\n6. Ov ersee the performance of the registrars and \nshare transfer agents of the Company. Recommend measures for overall improvement in the quality of\ninvestor services and to monitor the implementation \nand compliance of the code of conduct for\nprohibition of insider trading pursuant to the SEBI \n(Prohibition of Insider Trading) Regulations, 2015, \nand other related matters as assigned by the board \nof directors. T o carry out any other function as \nprescribed under the Listing Regulations or as may \nbe delegated by the Board of Directors.\nb) Composition\nThe details of its composition and of the meetings held during the Financial Year 2021-2022 are as under:\nS. \nNoMember Name Designation on CommitteeDesignation on Board Meeting held in the Financial Year 2021-22 02.02.2022No. of total \nmeetings \nattended\n1. Shri Arjun Sharma Chairman Non-Executive Independent Director \u221a 1\n2. Shri Jayant Davar Member Co Chairman and Managing Director \u221a 1\n3. Shri Arvind Kapur Member Non-Executive Independent Director \u221a 1\nT otal no. of Members 3\nT otal Present 3\nAbsent 0\nNotes: \n\u2022 The necessary quorum was present for  the meeting.\nc) Compliance Officer\nSmt. Komal Malik (ICSI Membership No: 6430) as the Company \nSecretary & Compliance Officer of the Company.\nNumber of Shareholders\u2019 Complaints received during", "start_char_idx": 0, "end_char_idx": 3621, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "edbe0a32-da96-484f-a327-5e601df32705": {"__data__": {"id_": "edbe0a32-da96-484f-a327-5e601df32705", "embedding": null, "metadata": {"page_label": "53", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "a088930b-e218-4739-bdb9-2fa930b4d15f", "node_type": null, "metadata": {"page_label": "53", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5c5406e177f679c4bbe4498f88084433f859309ab595713211127a2e9d9d86f2"}, "2": {"node_id": "2d4aeef4-8078-4c51-a9b2-72527b1e8ffb", "node_type": null, "metadata": {"page_label": "53", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "89ee4cf790d034c148deac6e02b85ab0c14a9054191f68dc14523e074f7accc5"}}, "hash": "b6526776d8d08f5428bd9122bd47a234b7ee0bedbaa1aa86944a60996e32e4b9", "text": "& Compliance Officer of the Company.\nNumber of Shareholders\u2019 Complaints received during the\nFinancial Year 2021-2022: NIL \nNumber of Shareholders\u2019 Complaints not solved to the\nsatisfaction of Shareholders: NIL \nNumber of Pending Complaints as on the  31st March, 2022: \nNILD. RISK MANA GEMENT COMMITTEE\nRisk Management Committee was constituted by the Board \nof Directors at its meeting held on the 6th August, 2021, \npursuant to Regulation 21 of the Listing Regulations. The terms \nof reference of the Risk Management Committee, inter-alia, \nincludes the following:\n1. T o formulate a detailed risk management policy which\n shall include t he:", "start_char_idx": 3534, "end_char_idx": 4178, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5d270bf4-e968-4269-8709-28a26195eace": {"__data__": {"id_": "5d270bf4-e968-4269-8709-28a26195eace", "embedding": null, "metadata": {"page_label": "54", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2052eee6-071e-40a2-bb09-01edd8c03301", "node_type": null, "metadata": {"page_label": "54", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7e60ce43187c97ebe27677328454f0ff0ac45391f0b79f3a567d41eab8b2102e"}}, "hash": "7e60ce43187c97ebe27677328454f0ff0ac45391f0b79f3a567d41eab8b2102e", "text": "53\nAnnual Report 2021-22\n\u2022 F ramework for Identification of internal and \nexternal risks specifically faced by the listed entity, \nin particular including the financial, operational,\ntechnological, sectoral, sustainability, information \ntechnology, cyber security risks or any other risk as \nmay be determined by the Committee.\n\u2022 Measures for Risk Mitigation including Systems and \nprocesses for internal control of identified Risk.\n\u2022 Business Co ntinuity plan.\n2. T o ensure that appropriate methodology, processes \nand systems are in place to monitor and evaluate\nrisk associated with the business of the Company.\n3. T o monitor and oversee implementation of Risk \nManagement Policy including evaluating the adequacy of risk management systems.\n4. T o periodically review the Risk Management Policy \nat least once in two years, including by considering the changing industry dynamics and evolving\ncomplexity.\n5. T o keep the Board of Directors informed about \nthe nature and content of its discussions,\nrecommendations, and actions to be taken.\n6. Such other aspects as the Board may consider \nappropriate and required from the Committee from time to time;\n7. The Risk Management Committee shall co-ordinate \nits activities with other Committee, as per the framework laid down by the Board of Directors.\na) Compo sition\nAs on the 31st March, 2022, the Committee comprised following directors as members:\nS \nNo.Member Name Designation on Committee Designation on Board\n1 Shri Dharmendar Nath Davar Chairman Chairman, Non-Executive & Non-Independent Director\n2 Shri Mohan Lal Bhagat Member Non-Executive Independent Director\n3 Smt. Monica Davar Member Non-Executive & Non-Independent Director\nb) Meetings and attendance\nThe details of the Risk Management Committee meetings held during the Financial Year 2021-2022 are given as under:\nS. NoMember Name Designation on CommitteeDesignation on Board Date of Meeting No. of \ntotal \nmeetings \nattended12.11.2021 01.02.2022\n1 Shri Dharmendar Nath \nDavarChairman Chairman, Non-Executive & Non-Independent Director\u221a \u221a 2\n2 Smt Monica Davar Member Non- Executive & Non-Independent \nDirector\u221a \u221a 2\n3 Shri Mohan Lal Bhagat Member Non-Executive Independent Director LOA \u221a 1\nT otal no. of Members 3 3\nT otal Present 2 3\nAbsent 1 0\nNotes: \n\u2022 The necessary quorum was present for  the meeting.\nE. O THER COMMITTEES\n(A) CORPORA TE SOCIAL RESPONSIBILITY (CSR) COMMITTEE: \nIn accordance with the requirements of Section 135 of the Act, \nthe Board has constituted a Corporate Social Responsibility \nCommittee to assist the Board in setting the Company\u2019s \nCorporate Social Responsibility Policy and assessing its \nCorporate Social Responsibility performance.\n(a) T erms of Reference\nThe Corporate Social Responsibility Committee was \nconstituted by the Board on 14th March, 2013, the composition was altered by a circular resolution on \n21st February, 2018 and again reconstituted on  \n11th December, 2018. The scope and functions of the Corporate Social Responsibility Committee is in accordance with Section 135 of the Act. The terms and reference of the Corporate Social Responsibility \nCommittee, inter-alia, includes the following:\n1. F ormulate and recommend to the Board, a Corporate \nSocial Responsibility Policy which shall indicate the\nactivities to be undertaken by our Company as per\nthe Act. \n2. F ormulate and recommend to the company\u2019s Board, \nan annual action plan in pursuance of its CSR policy, \nwhich shall include the following:", "start_char_idx": 0, "end_char_idx": 3476, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "29453de2-a880-4596-b5ed-b8317f50d8fd": {"__data__": {"id_": "29453de2-a880-4596-b5ed-b8317f50d8fd", "embedding": null, "metadata": {"page_label": "55", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "5499a76c-37af-4c73-a247-d575d640da40", "node_type": null, "metadata": {"page_label": "55", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7c8d78ea30a09632803a4763044ac766e4d28ccd56c71ab234b824ccc9da47c3"}, "3": {"node_id": "e0501a42-c5f5-4fab-a377-e0973219ac98", "node_type": null, "metadata": {"page_label": "55", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1197bf4016ad13d23b2021135a1c8a11da1e96ce6a8910743484bcb43b496ee2"}}, "hash": "f868df285532a39ab84fd1a5e6f86f5e502875f81ee71e11432263a1db59f9f4", "text": "Sandhar Technologies Limited54\ni. The list of CSR projects or programmes that \nare approved to be undertaken;\nii. The manner of execution of such projects or \nprogrammes;\niii. The modalities of utilization of funds and \nimplementation schedules for the projects or\nprogrammes;\niv. Monit oring and reporting mechanism for the \nprojects or programmes; and\nv. Details of need and impact assessment, if any, \nfor the projects undertaken by the company3. Re view and recommend the amount of expenditure \nto be incurred on activities to be undertaken by our Company.\n4. Monit or the Corporate Social Responsibility Policy \nof our Company and its implementation from timeto time; and\n5. An y other matter as the Corporate Social \nResponsibility Committee may deem appropriateafter approval of the Board of Directors or as \ndirected by the Board of Directors from time to \ntime.\nb) Compo sition\nAs on the 31st March, 2022, the Committee comprised of the following directors as members:\nS \nNo.Member Name Designation on Committee Designation on Board\n1 Shri Jayant Davar Chairman Co-Chairman & Managing Director\n2 Smt Monica Davar Member Non- Executive & Non-Independent Director\n3 Shri Arvind Kapur Member Non-Executive Independent Director\nc) Meetings\nThe details of the Corporate Social Responsibility Committee meetings held during 2021-2022 are given as under:\nS. NoMember Name Designation Designation on Board Date of Meeting No. of total \nmeetings \nattended21.05.2021 01.02.2022\n1 Shri Jayant Davar Chairman Co-Chairman & Managing Director \u221a \u221a 2\n2 Smt Monica Davar Member Non- Executive & Non-Independent Director \u221a \u221a 2\n3 Shri Arvind Kapur Member Non-Executive Independent Director \u221a \u221a 2\nT otal no. of Members 3 3\nT otal Present 3 3\nAbsent 0 0\n(B) FINANCE COMMITTEE: \nThe Finance Committee was originally constituted by our Board \non 02nd February, 2019, and was subsequently reconstituted, \non the 11th May, 2020, 06th November, 2020 and  04th May, \n2021. The terms of reference of the Finance Committee \nchanged on the 10th February, 2020 and its terms of business \ninclude the following:\n1. Re view, no less than annually, the Company\u2019s strategic \nplans and financial strategies and make recommendations to the Board in respect thereof;\n2. Re view & undertake decisions regarding the\nCompany\u2019s cash flow, capital expenditures and financing\nrequirements;\n3. Re view and make recommendations to the Board \nregarding the Company\u2019s scope and mix of business,acquisition and merger opportunities, the purchase of \nbusiness assets and financing thereof;\n4. Re view the Company\u2019s policies with respect to financial \nrisk assessment and management including investment\nstrategies and guidelines;\n5. Annually review the scope, cost and basic terms of the \nCompany\u2019s insured risk management programs including general liability, D&O and other Insurance Policies;6. Re view & undertake the Company\u2019s foreign exchange & \ncommodities risk management and exposure;\n7. Re view periodically the scope of this Committee and make \nrecommendations to the Board regarding any changes thereto; \n8. T ake such other actions as the Committee, from time to \ntime, may determine are necessary to fulfill its duties or are otherwise required by applicable laws, the Company\u2019s \ncharter or the Bylaws or the Board.  \n9. T o borrow money for the purpose of the Company\u2019s \nbusiness not exceeding the overall limit upto which the\nBoard of Directors of the Company are authorized / to be authorized under Section 180 of the Act.\n10. T o review and accept the sanction of various funding \nfacilities sanctioned by Banks/Lenders and to open Current / Cash Credit / Overdraft / Fixed Deposit and other accounts with any Scheduled Bank and authorize \nits Officials to operate the same and", "start_char_idx": 0, "end_char_idx": 3753, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e0501a42-c5f5-4fab-a377-e0973219ac98": {"__data__": {"id_": "e0501a42-c5f5-4fab-a377-e0973219ac98", "embedding": null, "metadata": {"page_label": "55", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "5499a76c-37af-4c73-a247-d575d640da40", "node_type": null, "metadata": {"page_label": "55", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7c8d78ea30a09632803a4763044ac766e4d28ccd56c71ab234b824ccc9da47c3"}, "2": {"node_id": "29453de2-a880-4596-b5ed-b8317f50d8fd", "node_type": null, "metadata": {"page_label": "55", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f868df285532a39ab84fd1a5e6f86f5e502875f81ee71e11432263a1db59f9f4"}}, "hash": "1197bf4016ad13d23b2021135a1c8a11da1e96ce6a8910743484bcb43b496ee2", "text": "accounts with any Scheduled Bank and authorize \nits Officials to operate the same and vary, amend and \nmodify the existing authorization to operate accounts ofthe Company with its Bankers and to issue instructions for closure of its operated accounts.\n11. T o authorize one or more Directors/Officers of the \nCompany to execute and sign the documents with Banks \nin relation to any Loan or Credit Facility availed of or to be \navailed of by the Company.", "start_char_idx": 3668, "end_char_idx": 4121, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "bb2932dd-0c1e-47ee-a2dd-6111f7e6b78e": {"__data__": {"id_": "bb2932dd-0c1e-47ee-a2dd-6111f7e6b78e", "embedding": null, "metadata": {"page_label": "56", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "39074473-6a19-4f40-ae32-2bc93bd73b21", "node_type": null, "metadata": {"page_label": "56", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a8b987bbae0a1a83e6dd6ccbf6be04aad368943bda51556d7b1db251a2e40997"}}, "hash": "a8b987bbae0a1a83e6dd6ccbf6be04aad368943bda51556d7b1db251a2e40997", "text": "55\nAnnual Report 2021-22\n12. T o authorize and appoint any Attorney(ies), Agent(s), \nRepresentative(s) of the Company to represent the \ninterest of the Company in the manner and to the extent of \nthe Powers/ Authorities as may be given, matter handled/\nto be handled by him.\n13. T o approve making requests to other Associate \nCompany(ies) to give Guarantee or provide Security in connection with a loan made or to be made to the Company \nby any Bank, Financial Institution, Company(ies) or any \nother person.\n14. T o give Guarantee or provide Security for loans sanctioned \nto other Company(ies) by Banks/Financial Institutions, provided the aggregate amount for which the Guarantee \ngiven or the Security provided does not exceed the limit\nprescribed by law and also sanctioned by the Shareholders \nin General Meeting, if any.\n15. T o make inter-corporate loans or deposits provided that the aggregate amount of loans shall not exceed the Limits \nlaid down in Section 186 of the Act, also keeping in view \nthe Provisions of Section 180 of the said Act.\n16. T o make investment in shares, debentures, bonds of \nCompanies and fixed deposits with Banks, Companies \nand Corporate etc. subject to the Provisions of Section \n186 of the Act provided that the aggregate of all such \ninvestments outstanding at any time shall not exceed the \ntotal limit laid down in the aforesaid Section.\n17. T o authorise one or more Directors/ Officers of the \nCompany to (i) negotiate, execute and sign the necessary \ndocuments; and (ii) make necessary filings with regulatory/ \ngovernmental authorities (including registering of or\nfiling of relevant documents with a quasi-regulatory / \nregulatory /governmental authority), in relation to any \nguarantee or security to be provided by the Company to\nsecure a loan availed by other Company (ies).\na) Composition\nAs on the 31st March, 2022, the Committee comprised following directors as members:\nS \nNo.Member Name Designation on Committee Designation on Board\n1 Shri Dharmendar Nath Davar Chairman Chairman , Non-Executive, Non-\nIndependent Director\n2 Shri Jayant Davar Member Co-Chairman & Managing Director\n3 Shri Vimal Mahendru Member Non-Executive Independent Director\nNote:\n\u2022 The compan y lost Shri Ravinder Nagpal, Non-Executive Independent Director and member of the Committee due to his sudden demise on the 2nd May, 2021.\n\u2022 Shri. Vimal Mahe ndru was appointed as Member of Finance Committee through circular resolution dated the 04th May, 2021.\nb) Meetings and attendance\nThe details of the Finance Committee meetings held during 2021-2022 are given as under:\nS. \nNoMember Name Designation CommitteeDesignation on Board\nMeeting held in the Financial Year 2021-22 No. of \ntotal \nmeetings \nattended\n21.05.2021 26.07.2021  06.08.2021 11.10.2021 12.11.2021 06.01.2022\n1 Shri \nDharmendar Nath DavarChairman Chairman, Non-Executive & Non-Independent Director\u221a \u221a \u221a \u221a \u221a \u221a 6\n2 Shri Jayant DavarMember Co-Chairman & Managing Director\u221a \u221a \u221a \u221a \u221a \u221a 6\n3 Shri Vimal MahendruMember Non-Executive, Independent Director\u221a LOA \u221a LOA LOA LOA 2\nT otal no. of members 3 3 3 3 3 3\nT otal Present 3 2 3 2 2 2\nAbsent 0 1 0 1 1 1\nNotes: \n\u2022 The necessary quorum was present for  the meeting.", "start_char_idx": 0, "end_char_idx": 3202, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "47d1fdd9-6b2d-4e8b-a947-0f35095c70bf": {"__data__": {"id_": "47d1fdd9-6b2d-4e8b-a947-0f35095c70bf", "embedding": null, "metadata": {"page_label": "57", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4af9ec57-470a-4281-b2b1-e747482c440e", "node_type": null, "metadata": {"page_label": "57", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b7716bc0be15cb158ca19f88e7fe5ce72f22a256e6a8de337ccda3aabb6f6f77"}, "3": {"node_id": "23710fcd-47e2-4e68-919e-75530bb51a9b", "node_type": null, "metadata": {"page_label": "57", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1e45560a6bc7f485910924cef0c44af522a781d8d392b24a4bae40412263b174"}}, "hash": "709bc7512afad2ab4828f08bb69c44ca082b7e1b79b8550a5a86d2143c24b488", "text": "Sandhar Technologies Limited56\n(C) SHARE TRANSFER & ALL OTMENT COMMITTEE: \nAs on the 31st March, 2022, the Committee comprised following directors as members:\nS.No Member Name Designation on Committee Designation on Board\n1 Shri Jayant Davar Chairman Co-Chairman & Managing Director\n2 Smt. Archana Capoor Member Non-Executive Independent Director\n3 Shri Vimal Mahendru Member Non-Executive, Independent Director\nThe Committee did not convene any meeting during the financial year 2021-2022.\nIV . REMUNERATION POLICY OF DIRECTORS\nThe Company has a Board approved Remuneration Policy for \nDirectors including Co-Chairman & Managing Director and is \nbeing reviewed on an annual basis. The details of the said policy \nare as follows:\nA. Remuner ation of Executive Directors \nThe remuneration of the Managing Director is recommended by the Nomination and Remuneration Committee (the \u201cNRC\u201d) \nto the Board for approval after considering the following \nfactors, inter-alia:\na) F unction, role and responsibilities assigned; \nb) Benchmarking the same with the peers in the identical/\nsimilar industry; \nc) Industry benchmarking; \nd) P erformance in the past and contribution to the long term \nstrategies.\nThe Board considers the recommendations of NRC and approves the remuneration, with or without modifications, \nsubject to shareholders\u2019 and regulatory approvals. In the \nevent of inadequacy of profit, the remuneration is regulated \nby Schedule V of the Act otherwise, to require the approval of \nthe Central Government. The remuneration includes fixed and \nvariable salary, performance bonus, contribution to provident \nfund, superannuation, gratuity, perquisites and allowances, reimbursement of expenses etc as applicable to employee of \nthe Company.\nB. Remuner ation of Non-Executive Directors \n(i) Sittin g Fees & Reimbursement of expenses \nThe sitting fees is paid to Non-Executive Directors of \nthe Company for attending each meeting of the Board of Directors or any committee thereof as approved by the \nBoard, within the permissible limit prescribed under the \nAct, Listing Regulations and other regulatory/statutory \nguidelines, as amended from time to time. Any change \nin sitting fees shall be recommended by the NRC and \napproved by the Board of Directors of the Company. The \nNRC considers the following factors while recommending \nthe change in the sitting fees to the Board: \n1. Contribut ion expected from Directors considering \nsize and complexity of organization,\n2. Com parison with the peers in the identical/similar \nindustry/benchmarking,\n3. Regula tory guidelines as applicable, etc. The Non-\nExecutive Directors are entitled to reimbursementof expenses for participation in the meeting of the\nBoard and Committees thereof. The Board while approving the revision in the sitting \nfees payable to Directors for attending the meeting of the Board and Committees thereof, considers the \nrecommendation of the NRC.\n(ii) P ayment of Profit-based Commission to Non-Executive \nDirectors \n The Non- Executive Directors of the Company are paid \nprofit based yearly commissions in accordance with the provisions of the Act subject to a maximum of 1% of the \nNet profits, over and above any fees and reimbursements \npayable to the Non-Executive Directors, pursuant to the \nshareholders\u2019 resolution. The NRC recommends to the \nBoard for such commission and the same is recommended \nby the Board for shareholders\u2019 approval for a period of five \nyears and are renewed for a further period of five years. \n(iii) P ecuniary transactions with Non-Executive Directors\n During the year under review, there were no pecuniary \ntransactions with any of the Non-Executive Directors  of the Company except for payment of sitting fees/ \ncommission. The register of contracts is maintained by \nthe Company under Section 189 of the Act and the same \nis placed before the Board for", "start_char_idx": 0, "end_char_idx": 3870, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "23710fcd-47e2-4e68-919e-75530bb51a9b": {"__data__": {"id_": "23710fcd-47e2-4e68-919e-75530bb51a9b", "embedding": null, "metadata": {"page_label": "57", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4af9ec57-470a-4281-b2b1-e747482c440e", "node_type": null, "metadata": {"page_label": "57", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b7716bc0be15cb158ca19f88e7fe5ce72f22a256e6a8de337ccda3aabb6f6f77"}, "2": {"node_id": "47d1fdd9-6b2d-4e8b-a947-0f35095c70bf", "node_type": null, "metadata": {"page_label": "57", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "709bc7512afad2ab4828f08bb69c44ca082b7e1b79b8550a5a86d2143c24b488"}}, "hash": "1e45560a6bc7f485910924cef0c44af522a781d8d392b24a4bae40412263b174", "text": "by \nthe Company under Section 189 of the Act and the same \nis placed before the Board for approval from time to time. \n(iv) Details  of remuneration to directors\n The Compan y has no stock option plans for the directors \nand hence, it does not form part of the remuneration \npackage payable to any Executive and/or Non-Executive \nDirector. During the year, the Company did not advance \nany loan to any of the executive and/or non-executive \ndirectors during 2021-2022. \n(v) Ser vice Contracts, Notice Period and Severance Fees\n As on 31st March 2022, the Board comprise eleven \nmembers, including one Executive Director and ten \nNon-Executive Directors, of which six are Independent \nDirectors. Shri Jayant Davar Co-Chairman and Managing \nDirector is the employee of the Company, Hence the \nprovision for payment of severance fees to them shall be \nas per the Company\u2019s policy. However, other Directors \nare not subject to any notice period and severance fees.\n(vi) Remuneration to Directors\n The details of remuneration, sitting fees, performance \nbonus, and/or commission paid to each of the Directors \nduring the year ended on the 31st March 2022 are given \nbelow:-", "start_char_idx": 3781, "end_char_idx": 4949, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "52dab237-9369-4e8d-8ca2-f7feaab163c8": {"__data__": {"id_": "52dab237-9369-4e8d-8ca2-f7feaab163c8", "embedding": null, "metadata": {"page_label": "58", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "61270805-062d-42e8-9c56-e1c033685693", "node_type": null, "metadata": {"page_label": "58", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "355d132c33793d34a1b539d8930edb640fe2c3ee1b0a44c0b7c528d94f8136be"}, "3": {"node_id": "44062cbd-ef0a-40ee-9430-a3febbd89f90", "node_type": null, "metadata": {"page_label": "58", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b5533cbf14c479371467e154eb8575206f3bb1d3a68fdcdf374f1fe282b9c4ff"}}, "hash": "62ac676d00ce35fc8ddceac80bd66630bc1dc5125edc9fbc274907bf5c5cca37", "text": "57\nAnnual Report 2021-22\nin Rs.\nSr. \nNo.Name of the DirectorDesignation Salary and Perquisites Others\nFixed Pay & \nBonusPerquisite Retirement \nBenefitsSitting Fees Commission No. of Share \nheld\n1 Shri \nDharmendar \nNath DavarChairman, Non-\nExecutive & Non-\nIndependent Director- - - 2,00,000 2,00,000 8,39,582\n2 Shri Jayant DavarCO-Chairman & Managing Director1,42,71,600  - - -   3,14,71,100 3,14,31,396\n3 Smt. Monica DavarNon-Executive and Non-Independent Director- - - 2,00,000 2,00,000 26,22,930\n4 Shri Neel Jay DavarNon-Executive and Non-Independent Director- - - 1,50,000 1,50,000 15,55,995\n5 Shri Sandeep DinodiaNon-Executive and Non-Independent Director- - - 50,000 50,000 3,200\n6 Shri Arjun SharmaNon-Executive Independent Director- - - 3,40,000 2,00,000 \n7 Shri Arvind KapurNon-Executive Independent Director- - - 4,10,000 2,00,000 \n8 Shri Mohan Lal BhagatNon-Executive Independent Director- - - 2,70,000 2,00,000 \n9 Smt Archana CapoorNon-Executive Independent Director- - - 3,90,000 2,00,000 \n10 Shri Vimal MahendruNon-Executive Independent Director- - - 3,20,000 2,00,000 \n11 Shri Bharat AnandNon-Executive Independent Director- - - 2,50,000 2,00,000 \n12 Shri K. L. ChughNon-Executive Independent Director- - - 1,35,000 1,00,000 \nNotes:\ni. P erquisite valued as per Income T ax Act, 1961.\nii. No options under  the Company\u2019s ESOP plan were granted to Executive/Non-Executive Directors during the financial year ended 31st March 2022.\nV. FAMILIARIASATION PROGRAMME FOR BOARD\nMEMBERS\nThe Board of Directors has  adopted a familiarization \nprogramme for its Independent Directors in accordance with \nRegulation 25 of the Listing Regulations. The aim of such \nFamiliarisation Programme is to familiarize Independent and \nother Directors with the Company, its management, their \nroles, rights, responsibilities in the Company, nature of the \nauto component Industry, Business Model, Risk Management \nSystem, ERP systems encompassing Asset Management, \nHuman Capital Management, Product Life Cycle Management, \ntechnology architecture and Information Security/ Cyber \nSecurity Awareness of the Company for the purpose of\ncontributing significantly towards the growth of the Company.\nDuring the financial year, Company familiarized the Directors \non the Company\u2019s policies and procedures on a regular basis. \nPresentations/briefings were also made at the meeting of the \nBoard of Directors/Committees by KMP\u2019s/ senior executives of \nthe Company on industry scenario, Company\u2019s operating and \nfinancial performance, industrial relations status, marketing \nstrategies, risk management etc. \nThe details of the familiarization programme of the Independent \nDirectors are available on https://sandhargroup.comVI. INFORMATION SUPPLIED/ A V AILABLE TO THE BOARD \nThe Directors are presented with important/critical information \non the operations of the Company as well as that which requires \ndeliberations at the highest level. The Board has complete \naccess to all the relevant information within the Company and \nalso access to the senior management of the Company and any \nadditional information, to make timely Informed decisions. All \nBoard and Committee meetings are governed by structured \nagenda notes which are backed by comprehensive background \nalong with relevant annexures.\nThe Boar d was presented with the information on various\nimportant matters of operations, risk management and business, \nnew initiatives in business, budgets, financial results, update on Corporate Social Responsibility activities, minutes of Board and Committees of the Board,", "start_char_idx": 0, "end_char_idx": 3563, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "44062cbd-ef0a-40ee-9430-a3febbd89f90": {"__data__": {"id_": "44062cbd-ef0a-40ee-9430-a3febbd89f90", "embedding": null, "metadata": {"page_label": "58", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "61270805-062d-42e8-9c56-e1c033685693", "node_type": null, "metadata": {"page_label": "58", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "355d132c33793d34a1b539d8930edb640fe2c3ee1b0a44c0b7c528d94f8136be"}, "2": {"node_id": "52dab237-9369-4e8d-8ca2-f7feaab163c8", "node_type": null, "metadata": {"page_label": "58", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "62ac676d00ce35fc8ddceac80bd66630bc1dc5125edc9fbc274907bf5c5cca37"}}, "hash": "b5533cbf14c479371467e154eb8575206f3bb1d3a68fdcdf374f1fe282b9c4ff", "text": "Corporate Social Responsibility activities, minutes of Board and Committees of the Board, appointment and remuneration of the \nsenior management, appointment/cessation of Key Managerial \nPersonnel, details of joint ventures or collaborations, if any, information on subsidiaries, sale of investments, assets which are material in nature and not in the normal course of business, \nforeign exposure and non-compliance, if any with regulatory \nor statutory guidelines or in the Listing Regulations, etc., and other matters which are required to be placed before the Board in terms of the Act, Listing Regulations and other applicable \nstatutes. The Board and other Committees also approve \nvarious business proposals and r egulatory approvals through\ncirculations as and when required.", "start_char_idx": 3474, "end_char_idx": 4256, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b9caa984-d753-4bd8-b0d7-e44ee9aaf28d": {"__data__": {"id_": "b9caa984-d753-4bd8-b0d7-e44ee9aaf28d", "embedding": null, "metadata": {"page_label": "59", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d441d3c0-5d0d-4b86-a636-81ce500b8a39", "node_type": null, "metadata": {"page_label": "59", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a77536dab86a014ad7bdeea063cc3153cc96981391abdf505e17d08a62703d8d"}, "3": {"node_id": "ea567955-abac-4757-83d9-626c1e22e79f", "node_type": null, "metadata": {"page_label": "59", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8835961c9972a787e170f52ee7043fdd56f3feaaf37f19d77d33d9eb719f3cdc"}}, "hash": "5fe8461262d724b59b4cb2e68abc174d9eb7d5529b8ed4d5e79ffd78f5b42753", "text": "Sandhar Technologies Limited58\nVII.  POST MEETING COMMUNICATION / FOLLOW UP \nSYSTEM\nThe Company has an effective post meeting follow up procedure. \nThe Company has a mechanism to track important decisions\ntaken at the Board/Committee meetings till the closure of such \ndecisions and Action T aken Report on the decisions taken in a\nmeeting is placed at the succeeding meeting(s) of the Board/ \nBoard Level Committees.\nVIII.  MATERIAL SUBSIDIARIES\nIn terms of the requirement of the Policy on Material \nSubsidiaries, a subsidiary shall be considered as unlisted \nmaterial subsidiary if its income or net worth exceeds ten (10) \n% of the consolidated income or net worth respectively, of the \nlisted holding company and its subsidiaries in the immediately\npreceding accounting year.\nA copy of the said Policy on Material Subsidiaries is available on \nhttps://www.sandhargroup.com\nIn terms of the Listing regulations amendment dated the 9th \nMay, 2018, effective from 1st April, 2019, the Company\u2019s \nforeign subsidiary viz. Sandhar T echnologies Barcelona S.L. \ntogether with its step-down subsidiaries shall be considered as a Material Subsidiary. \nThe Audit Committee of the Company reviews the Consolidated \nFinancial Statements of the Company and the investments made \nby its unlisted subsidiary companies. The minutes of the Board \nmeetings along with a report on significant developments of the \nunlisted subsidiary companies are periodically placed before\nthe Board of Directors of the Company.\nIX. MANAGEMENT\n(a) Disclosures on Related  Party Transactions: \nIn compliance with the requirements of the Listing \nRegulations and following the provisions of Section 188(1) \nof the Act, all Related Party contracts / arrangements / \ntransactions entered by the Company during the financial \nyear in the ordinary course of business and on arm\u2019s length \nbasis, with Audit Committee having a domain role. The \nBoard of Directors was brought into picture, wherever \nnecessary and/or obligatory. Therefore, the provision of \nSection 188 of the Act were not attracted. There are no \nmaterially significant Related Party Transaction during \nthe year under review made by the Company.  with \npromoters, directors or other designated person which \nmay have a potential conflict with the interest of the \nCompany at large. Thus, disclosure in Form AOC-2 is not \nrequired. During the year, the Company has not entered \ninto any contract / arrangement / transaction with related \nparties, which could be considered material in accordance \nwith the policy of the Company on materiality of Related Party Transactions.\nThe Policy on materiality of Related Party Transactions\nand dealing with Related Party Transactions, \nas approved by the Board, may be accessed at: \nhttps://www.sandhargroup.comRelated Party Transactions are disclosed to the Board on \nregular basis. Details of Related Party Transactions may \nbe referred to in Note 32 of the Standalone Financial \nStatements\n(b) Disclosure of accounting treatment in preparation of \nfinancial statements: \n Pursuant to the pro visions of Section 133 of Companies Act \n2013 and Rule 4 (iii) (a) of Companies (Indian Accounting \nStandards) Rules 2015, the companies whose equity or \ndebt securities were listed or were in the process of being \nlisted on any stock exchange in India or outside India and \nhaving net worth of less than  Five Hundred crores, had \nto comply with the Indian Accounting Standards (Ind AS), \nfor the accounting periods beginning on or after April 01, \n2017. Accordingly, Ind AS is applicable upon the Company \nand its subsidiaries beginning April 01, 2017.\n(c) Details  of non-compliance by the listed entity, \npenalties, structures imposed on the listed entity \nby stock exchange(s) or the board or any statutory \nauthority, on any matter related to capital markets, \nduring the last three Years; \nDuring the period under review, there were no strictures \nor penalties imposed on the Company either by the Stock Exchanges or SEBI, or any other statutory authority", "start_char_idx": 0, "end_char_idx": 4027, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ea567955-abac-4757-83d9-626c1e22e79f": {"__data__": {"id_": "ea567955-abac-4757-83d9-626c1e22e79f", "embedding": null, "metadata": {"page_label": "59", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d441d3c0-5d0d-4b86-a636-81ce500b8a39", "node_type": null, "metadata": {"page_label": "59", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a77536dab86a014ad7bdeea063cc3153cc96981391abdf505e17d08a62703d8d"}, "2": {"node_id": "b9caa984-d753-4bd8-b0d7-e44ee9aaf28d", "node_type": null, "metadata": {"page_label": "59", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5fe8461262d724b59b4cb2e68abc174d9eb7d5529b8ed4d5e79ffd78f5b42753"}}, "hash": "8835961c9972a787e170f52ee7043fdd56f3feaaf37f19d77d33d9eb719f3cdc", "text": "on the Company either by the Stock Exchanges or SEBI, or any other statutory authority for \nnoncompliance of any matter related to capital markets. \n(d) Code o f Conduct for Prevention of Insider Trading\nPursuant to SEBI (Prohibition of Insider Trading) \nRegulations, 2015, the Code of Conduct for Prohibition of Insider Trading with Code of Practice and Procedure \nfor fair Disclosure of Unpublished Price Sensitive\nInformation was approved and adopted by the Company. \nThe Code of Conduct is displayed on the website of the\nCompany www.sandhargroup.com \n(e) Man aging Director & Chief Financial Officer \ncertification: \nThe Managing Director and the Chief Financial Officer \nhave issued certificate pursuant to the provisions of \nRegulation 17 of the Listing Regulations certifying that the \nfinancial statements do not contain any materially untrue \nstatement and these statements represent a true and fair view of the Company\u2019s affairs. They also certify that, to \nthe best of their knowledge and belief, no transactions \nentered into during the year were fraudulent, illegal or \nin violation of the code of conduct of the Company, they \nare responsible for establishment and maintenance of the \nInternal Financial Controls for financial reporting and they \nhave indicated to the auditors and the Audit Committee\nabout any significant changes in internal control over \nfinancial reporting, significant changes in the accounting \npolicies and instances of significant frauds, if any, which \nthey were aware. The said certificate is annexed and forms \npart of this Annual Report.\n(f) Code o f Conduct:\nThe Board formulated and adopted Code of Conduct and \nEthics for the Board of Directors and Senior Management at its meeting dated 29th August 2014. The code of", "start_char_idx": 3941, "end_char_idx": 5705, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "38c01885-47e6-4031-988a-4a0ba3bfb4b9": {"__data__": {"id_": "38c01885-47e6-4031-988a-4a0ba3bfb4b9", "embedding": null, "metadata": {"page_label": "60", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c760d013-a161-4ff5-85a9-7ffef79a5180", "node_type": null, "metadata": {"page_label": "60", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "682728b4ee4a4b064de265e162dc69e282a39becb7429cd434835ad664b37b22"}}, "hash": "682728b4ee4a4b064de265e162dc69e282a39becb7429cd434835ad664b37b22", "text": "59\nAnnual Report 2021-22\nconduct as updated from time to time has been hosted \non the website of the Company www.sandhargroup.com  \nAll Board members and Senior Management Personnel \naffirmed compliance with the Code of Conduct. A \nDeclaration regarding the compliance is annexed with \nthis Re port.\n(g) Se xual Harassment of Women at Workplace:\nYour Company is committed to creating and maintaining \na secure work environment where its employees, agents, vendors and partners can work and pursue \nbusiness together in an atmosphere free of harassment, \nexploitation and intimidation. \nT o empower women and protect women against sexual \nharassment, your Company has adopted a policy on prevention, prohibition and redressal of sexual harassment \nof Women at workplace in line with the provisions of the \nSexual Harassment of Women at Workplace (Prevention, \nProhibition and Redressal) Act, 2013 (India) and the Rules \nframed thereunder (\u201cPOSH\u201d). \nAll employees (permanent, contractual, temporary, \ntrainees) are covered under this policy. This policy allows employees to report sexual harassment at the workplace. \nThe Internal Committee is empowered to look into all \ncomplaints of sexual harassment and facilitate free and \nfair enquiry process with clear timelines. During Financial \nYear 2021-2022, there was no complained filed under \nPOSH as well as no outstanding cases were pending for \ndisposal at the beginning of such financial year. \n(h) Details  of establishment of vigil mechanism, Whistle \nBlower Policy and affirmation that no personnel have \nbeen denied access to the Audit Committee:\nThe Company has established a Whistle Blower Policy \nto enable stakeholders (including Directors, Employees, \nretainers, franchisees) to report unethical behaviour, \nactual or suspected fraud or violation of the Company\u2019s \nCode of Conduct. The Policy provides adequate safeguards \nagainst victimization of Director(s)/ employee(s) and \ndirect access to the Chairman of the Audit Committee in exceptional cases. The Protected Disclosures, if any \nreported under this Policy are to be appropriately and \nexpeditiously investigated by the Ethics Committee. Your \nCompany hereby affirms that no Director/ employee \nhas been denied access to the Chairman of the Audit \nCommittee and that no complaints were received during \nthe year. The Whistle Blower Policy is available on the \nwebsite of the Company https://sandhargroup.com\nX. COMPLIANCE \n(a) Details  of compliance with mandatory requirements and \nadoption of the non-mandatory requirements;\nThe Company has complied with all applicable mandatory \nrequirements prescribed under the Listing Regulations.\n(b) The Company has duly fulfilled the following discretionary \nrequirements as prescribed in Part E of Schedule II of the \nListing Regulations:\n\u2022 Reporting of Internal Auditors: The Internal Auditor reports \nto the Audit Committee while submitting internal auditreport.\n\u2022 The Com pany has duly appointed separate persons to the\nposts of Chairperson and Managing Director.\n\u2022 The Company confirms that its financial statements are with \nunmodified audit opinion.\n\u2022 The Internal A uditor reports directly to Audit Committee.\n(c) Cer tification from Company Secretary in Practice\nM/s K.K. Sachdeva & Associates, Practicing Company Secretaries, had issued a certificate as required under the \nListing Regulations, confirming that none of the directors on the \nBoard of the Company has been debarred or disqualified from \nbeing appointed or continuing as director of the companies by \nthe SEBI/Ministry of Corporate Affairs or any such statutory \nauthority. The certificate is annexed with this Report.", "start_char_idx": 0, "end_char_idx": 3654, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3d07f142-5734-4444-9632-9285f108d42f": {"__data__": {"id_": "3d07f142-5734-4444-9632-9285f108d42f", "embedding": null, "metadata": {"page_label": "61", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c63c45e0-acfb-40e0-83f2-562864f41ef6", "node_type": null, "metadata": {"page_label": "61", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bf3eacf3e18417770eb8dada2329febd4d1e130725532ac1751e3abfcd99d48e"}, "3": {"node_id": "cb69bc76-e223-408b-8fd9-95951193d0c2", "node_type": null, "metadata": {"page_label": "61", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c1eb32bf6a4f1ca8431351c94743b5003515a65faff6eec2a9f414408849bccc"}}, "hash": "f0d4bbc2e48eae4deef4e21ce8a70176f5c1dba235a7ffdd9ca942ede774d71a", "text": "Sandhar Technologies Limited60\nXI. SHAREHOLDERS \n(a) Mean s of communication: \nWebsite : The Company\u2019s website www.sandhargroup.com contains, inter alia, the updated information pertaining to quarterly, half-\nyearly and annual financial results, annual reports, official press releases, the investor / analysts presentations, details of investor calls \nand meets, shareholding pattern, important announcements. The said information is available in a user friendly and downloadable form.\nFinancial Results : The quarterly, half yearly and annual financial results of the Company are submitted to Bombay Stock Exchnage \nLimited (\u201cBSE\u201d) and National Stock Exchange of India Limited (\u201cNSE\u201d) after approval of the Board of Directors of the Company. The \nresults of the Company are published in one English daily newspaper and one Hindi newspaper within 48 hours of approval thereof.\nAnnual Report : Annual Report containing inter alia Audited Financial Statements, Director\u2019s Report, Auditors Report, Corporate \nGovernance Report is circulated to the members and others entitled thereto and is also available on website of the Company.\nUploading on NSE Electronic Application Processing System (NEAPS), NSE Digital Exchange Portal & BSE Listing Centre:  The \nquarterly results, quarterly compliances and all other corporate communications to the Stock Exchanges are filled electronically on \nNEAPS for NSE and on BSE Listing Centre for BSE.\n(b) Gen eral shareholder information:\nGeneral Body Meetings: \nAnnual General Meeting (\u201c AGM\u201d) \nAGM Date of AGM Details of special resolution(s) passed at the  AGMs, if any Place\n27th 10th September, 2019 i.Change in Clause 69 (Common Seal) of Articles of Association of \nthe Company.\nii.T o re-appoint Shri Krishan Lal Chugh (DIN: 00140124), as a \nNon-Executive Independent Director of the Company\niii.T o re-appoint Shri Arvind Kapur (DIN: 00096308) as a Non-\nExecutive Independent Director of the Company\niv. T o re-appoint Shri Mohan Lal Bhagat (DIN: 00699750) as a Non-\nExecutive Independent Director of the Company\nv. T o re-appoint Shri Ravinder Nagpal (DIN: 00102970) as a Non-\nExecutive Independent Director of the Company\nvi.Ratification of remuner ation payable to Cost Auditor vis. A.N. \nSatija & Co. for audit of cost records for the FY 2019-20\nvii. Appointment of Smt. Archana Capoor as an Independent \nDirector of the Company\nviii. Appointment of Shri Bharat Anand as an Independent Director \nof the CompanySri Sathya Sai International \nCentre (A Unit of Sri Sathya Sai \nCentral Trust), Pragati Vihar, \nBhisham Pitamah Marg, New \nDelhi - 110003\n28th 23rd September, 2020 i.Reappointment of Shri Jayant Davar as Managing Director\nii.Reappoint ment of Shri Arjun Sharma (DIN: 00003306) as Non-\nExecutive Independent Director of the company \niii.Ratification of remuner ation payable to Cost Auditor\niv. Appointment of Shri V imal Mahendru as an Independent \nDirector Video conferencing\n29th 23rd September, 2021 i. Appointment of Shri Neel Ja y Davar (DIN: 09201336) as \nDirector of the Company.\nii.Ratification of remuner ation payable to Cost Auditor, M/s Satija \n& Co for the financial year 2020-2021.\niii.Ratification of remuner ation payable to Cost Auditor, M/s Satija \n& Co for the financial year 2021-2022.Video conferencing\nExtraordinary General Meetings (\u201cEGM\u201d)\nDetails of special resolutions passed at the Extraordinary General Meetings (\u201cEGM\u201d) held during the preceding three years are tabulated \nbelow:\nDate of EGM Place Details of special resolution(s) passed at \nthe EGM, if", "start_char_idx": 0, "end_char_idx": 3537, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "cb69bc76-e223-408b-8fd9-95951193d0c2": {"__data__": {"id_": "cb69bc76-e223-408b-8fd9-95951193d0c2", "embedding": null, "metadata": {"page_label": "61", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c63c45e0-acfb-40e0-83f2-562864f41ef6", "node_type": null, "metadata": {"page_label": "61", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bf3eacf3e18417770eb8dada2329febd4d1e130725532ac1751e3abfcd99d48e"}, "2": {"node_id": "3d07f142-5734-4444-9632-9285f108d42f", "node_type": null, "metadata": {"page_label": "61", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f0d4bbc2e48eae4deef4e21ce8a70176f5c1dba235a7ffdd9ca942ede774d71a"}}, "hash": "c1eb32bf6a4f1ca8431351c94743b5003515a65faff6eec2a9f414408849bccc", "text": "of EGM Place Details of special resolution(s) passed at \nthe EGM, if any\n2018-2019 None None\n2019-2020 None None\n2020-2021 None None", "start_char_idx": 3469, "end_char_idx": 3601, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "2fa17c2c-34fb-4927-9857-1f2e23cd3152": {"__data__": {"id_": "2fa17c2c-34fb-4927-9857-1f2e23cd3152", "embedding": null, "metadata": {"page_label": "62", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d60d4f98-5bca-499c-beb0-4417ce67abdc", "node_type": null, "metadata": {"page_label": "62", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8c42fad48b1928251157227b0ee008a2693c53b1cf54cea449df4fadca93ffdc"}}, "hash": "8c42fad48b1928251157227b0ee008a2693c53b1cf54cea449df4fadca93ffdc", "text": "61\nAnnual Report 2021-22\nDuring the financial year 2021-22, no resolution was passed through postal ballot. \nFurther, as on the date of this report no special resolution is proposed to be conducted through postal ballot.\n(c) 30th Annual Gener al Meeting (AGM)\nDay and Date Thursday, 22 September 2022\nTime 11:30 AM\nVenue Video conferencing (VC) /Other Audio Visual Means(OAVM)\n(d) Financial Year: 1st April 2021 to 31st March 2022\n(e) Dividend\nThe Dividend if declared shall be paid by the Company with 30 days from the date of declaration of dividend.\n(f) Listing on Stock Ex changes\nThe equity Shares are at present listed on the following Stock Exchanges and the Listing fees for 2021-22 and 2022-23 have been duly \npaid to the Exchanges:\nS.No Name Address Stock Code\n1 Bombay Stock Exchange Limited (BSE)1st Floor, Phiroze Jeejeebhoy T owers, Dalal Street, Mumbai 400 001 541163\n2 National Stock Exchange  \nof India Limited (NSE)Exchange Plaza, Bandra - Kurla Complex, Bandra (E), Mumbai 400 051 SANDHAR\ne) Mark et Price Data\nMonthly highs and lows of Company\u2019s shares during 2021-2022 (` vis-\u00e0-vis CNX Nifty & BSE Sensex):\nMonth BSE NSE Closing CNX Nifty Closing BSE \nSensex High Low High Low\nApr-21 214.00 175.00 214.95 174.50 14631.10 48782.36\nMay-21 260.00 182.75 263.35 185.00 15582.80 51937.44\nJun-21 257.00 229.40 255.00 231.25 15721.50 52482.71\nJul-21 323.05 241.15 317.05 244.50 15763.05 52586.84\nAug-21 309.60 247.10 308.00 246.50 17132.20 57552.39\nSep-21 333.00 267.40 333.00 267.00 17618.15 59126.36\nOct-21 321.55 269.80 322.00 267.35 17671.65 59306.93\nNov-21 296.00 239.10 295.90 237.25 16983.20 57064.87\nDec-21 286.90 202.00 287.65 242.00 17354.05 58253.82\nJan-22 269.05 237.00 268.80 238.00 17339.85 58014.17\nFeb-22 260.95 210.60 261.75 210.05 16793.90 56247.28\nMar-22 247.00 200.00 229.80 201.00 17464.75 58568.51\nThe charts below show the comparison of the Company\u2019s share price (monthly high) movement vis-\u00e0-vis the movement of the BSE Sensex and CNX Nifty for the financial year 2021- 22 (based on month end closing). and CNX Nifty for the financial year 2021- 22 (based on \nmonth end closing).", "start_char_idx": 0, "end_char_idx": 2117, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a8c37bcd-8d9b-4d7a-98c3-1147c4dacd9b": {"__data__": {"id_": "a8c37bcd-8d9b-4d7a-98c3-1147c4dacd9b", "embedding": null, "metadata": {"page_label": "63", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "a0e3f0c3-65ab-47a2-90b2-9078c9068d83", "node_type": null, "metadata": {"page_label": "63", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1aaf1c398a39d5f4979a3672198b77e6f79e50164afff83d835ec7764adfc934"}}, "hash": "1aaf1c398a39d5f4979a3672198b77e6f79e50164afff83d835ec7764adfc934", "text": "Sandhar Technologies Limited62\n(f) Dematerialization of shares and liquidity; \nThe Company\u2019s shares are compulsorily traded in dematerialised \nform on National Stock Exchange of India Limited (\u201cNSE\u201d) and \nBSE Limited (\u201cBSE\u201d). Equity shares of the Company representing \n100% equity share capital were held in Dematerialised form, as \non the 31st March, 2022.\n(g) Share T ransfer Agent;\nThe Company vide Agreement dated 02nd April, 2018 has \nappointed following agency to act as its Registrar and Share\nTransfer Agent (\u201cRTA\u201d). The RTA is, inter alia, responsible \nfor processing of requests pertaining to share transmission/\ndematerialization/ rematerialisation and other activities related \nthereto for both electronic and physical shareholdings. Further, \nRTA also handles corporate actions such as data requirements for conduct of AGMs, dividends etc. The RTA corresponds with the depositories viz. National Securities Depository Limited \n(NSDL) and Central Depository Services (India) Limited (CDSL) \nin this regard. \nLink Intime India Private Limited\nC 101, 247 Park, L B S Marg, Vikhroli West, Mumbai 400 \n083 \nT el No: +91 22 49186000 \nFax: +91 22 491860600.0050.0 0100.00150.00200.00250.00300.00350.00\n0.0010000 .0020000 .0030000 .0040000 .0050000 .0060000 .0070000 .00\nSandhar Technolo gies Limited BSE Sensex  \nMont h Sandhar Technologies Limited Vs Sensex\nSTL HighSandhar T echnologies Limited Vs BSE Sensex, on the 31st March, 2022\nSandhar T echnologies Limited Vs Nifty, on the 31st March, 2022\n0.0050.0 0100.00150.00200.00250.00300.00350.00\n0.005000.0 01000 0.001500 0.002000 0.00\nSandhar Tech nologies Limite dCNX Nift y\nMonth Sandhar Technologies  Limited Vs NIFTY \nClosing CNX NI FTY STL High", "start_char_idx": 0, "end_char_idx": 1707, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "51e3bb7e-6126-4f3a-87ad-29198a8972de": {"__data__": {"id_": "51e3bb7e-6126-4f3a-87ad-29198a8972de", "embedding": null, "metadata": {"page_label": "64", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "09094804-f415-436b-ae18-eab7e6d91ae2", "node_type": null, "metadata": {"page_label": "64", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4aef6f02daaf43e348c10ec122c6aad31797f23b46e8a6dde23f9056194b457c"}}, "hash": "4aef6f02daaf43e348c10ec122c6aad31797f23b46e8a6dde23f9056194b457c", "text": "63\nAnnual Report 2021-22\nPromot er, 70.38 % \nFore ign Por/g414olio \nInve stors , 0.98 % Mutual Funds, 14.9 2% Othe rs, 0.55%  Non-Ins/g415tu/g415ons, 13.18% \nShar eholding as on 31st March, 2022(h) Distribution of Shareholding\nThe below two tables provide details about the pattern of shareholding among various categories and number of shares held, as on the \n31st March, 2022\nCategory Distribution:\nCategories 31st March 2022\nNo. of Shares Percentage \nPromoter 42362245 70.38%\nForeign Portfolio Investors 587776 0.98%\nMutual Funds 8977504 14.92%\nOthers 331290 0.55%\nNon-Institutions 7931893 13.18%\nDistribution of Shareholding as on the 31st March, 2022\nDistribution Of Shareholding \nS. \nNoShareholding of Shares Shareholder Percentage of T otal T otal Share Percentage of \nT otal\n1 1 To 500 32812 96.333 2189522 3.6376\n2 501 To 1000 684 2.0082 547841 0.9102\n3 1001 To 2000 309 0.9072 466961 0.7758\n4 2001 To 3000 92 0.2701 234201 0.3891\n5 3001 To 4000 28 0.0822 100878 0.1676\n6 4001 To 5000 29 0.0851 136390 0.2266\n7 5001 To 10000 48 0.1409 374371 0.622\n8 10001 To ABOVE 59 0.1732 56140544 93.2711\nT otal 34061 100 60190708 100\n(i) Share T ransfer System:\nAs on the 31st March, 2022, 100% of the equity shares of the Company were in electronic form. Transfer of the shares held in demat \nform are done through the depositories with no involvement of the Company. \n(j) Outstanding Con vertible Instruments/ ADRs/GDRs/Warrants\nThe Company has not issued any convertible instruments/ ADRs/ GDRs/ Warrants.", "start_char_idx": 0, "end_char_idx": 1505, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4dc69ddb-84f0-42ee-9620-f3a2a9d153a8": {"__data__": {"id_": "4dc69ddb-84f0-42ee-9620-f3a2a9d153a8", "embedding": null, "metadata": {"page_label": "65", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c4fd0aab-d210-4368-ad5f-e5f8a6cd4d1b", "node_type": null, "metadata": {"page_label": "65", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ae86612696c19298b3e67d94ad98030efc47ba006941f387dd9aaa8224a35414"}}, "hash": "ae86612696c19298b3e67d94ad98030efc47ba006941f387dd9aaa8224a35414", "text": "Sandhar Technologies Limited64\n(k) Plant locations:\nIn view of the nature of the Company\u2019s business, the Company operates from various centres in India and abroad.\nA. Facilities in India\nS. \nNoFacility Location Division Products manufactured\nOperational manufacturing facilities\n1. Sandhar Automotives Gurgaon Gurugram Automotives Lock assembly, door handles, \nlatches and switch assembly\n2. Sandhar Automotives Dhumaspur Gurugram Automotives Mirror assembly and moulded \nparts\n3. Sandhar Components Behrampur Gurugram Components Sheet metal components\n4. Sandhar Automotives HSCI Division Gurugram HSCI Door handles, lock assembly and \nside view mirrors\n5. Sandhar Components Manesar Gurugram Components Zinc die casting \n6. Sandhar T ooling Gurugram Subsidiary T ools and dies\n7. Sandhar Automotives Haridwar Haridwar Automotives Locking systems, rear-view \nmirrors systems, door handles, \nand hinges and latches\n8. Sandhar Components Bawal Bawal Components Aluminium die casting parts\n9. Sandhar T echnologies Limited \u2013 Bawal \u2013 II Bawal Components Plastic moulding parts\n10. Sandhar Automach Nalagarh Nalagarh Automach Wheel rims and wheel \nassemblies, handle bars, clutch \nand brake panels, and fender \nassemblies\n11. Sandhar T echnologies Limited \u2013 Pathredi Alwar HSCI Door handles, lock assembly, \nand side view mirror\n12. Sandhar Automotives Pune Pune Automotives Mirror assembly, lock assembly, \nand handle assembly\n13. Sandhar T echnologies Limited \u2013 Cabins and Fabrication Pune Pune Cabins and \nfabricationsCabins, welded assembly for \ncabins\n14. Sandhar Components Attibele Bengaluru Components Zinc die casting and moulding \nparts\n15. Sandhar Automotives Bommasandra Bengaluru Automotives Lock assembly, mirror assembly, \nhandle assembly, latches, and \nswitches\n16. Mag Engineering Unit A Bengaluru Cabins and \nfabrication Backhoe loader cabins and cabin \nloose parts, operator cabins, \nmotor-grader cabin, dozers \ncabins, cabin for dump trucks \nincluding floor plate\n17. Mag Engineering Unit B Bengaluru Cabins and fabrication \n18. Sandhar Automach Attibele Bengaluru Automach Motor cycle rims, moped rims, \nscooter rims, clutch assembly, \nhandle bar assembly, wheel \nassemblies for motor cycles, \nmopeds and scooters\n19. Sandhar Automach Mysore Mysuru Automach Wheel rims and wheel \nassemblies, handle bars, clutch \nand brake panels, and fender \nassemblies\n20. Sandhar T echnologies Limited Oragadam, \nChennaiAutomach Assembly of rims\n21. Sandhar Automotives Gurgaon \u2013 JEM division Gurugram Automotives Relays\n22. Sandhar T echnologies Limited \u2013 Distribution Division Gurugram After market Packaging of products for after-\nmarket sales\n23. Sandhar Han Sung Gurugram Joint Venture Press parts for application \nin relays, motors and tools, \ninjection moulded parts \nfor application in sensors, \nconnectors, switches, vehicle \nrelays, lamps, windshield wipers \nand switches\n24. Jinyoung Sandhar Oragadam, \nChennaiJoint Venture Assembly of AVN panels, and \nswitches", "start_char_idx": 0, "end_char_idx": 2975, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "847bdf8f-083e-4173-9500-80ef2565a66e": {"__data__": {"id_": "847bdf8f-083e-4173-9500-80ef2565a66e", "embedding": null, "metadata": {"page_label": "66", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3abad1db-363d-49bb-b8ff-98d6ab25e20d", "node_type": null, "metadata": {"page_label": "66", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8fcc8a8f4523968f213ec0affd360aa96fc93c21c02cab2e6378a8827af4636b"}}, "hash": "8fcc8a8f4523968f213ec0affd360aa96fc93c21c02cab2e6378a8827af4636b", "text": "65\nAnnual Report 2021-22\nS. \nNoFacility Location Division Products manufactured\n25. Sandhar Han Sung \u2013 Oragadam Oragadam, \nChennaiJoint Venture High precision press parts, and insert moulded contact plates \n26. Sandhar Automach Hosur Automach Wheel rims and wheel assemblies, handle bars, clutch and brake panels, and fender assemblies\n27. Sandhar T echnologies Limited \u2013 CFD \u2013 Jaipur Jaipur Cabins and fabrication divisionParts and components for off-highway vehicles\n28. Sandhar T echnologies Limited \u2013 Oragadam Oragadam, ChennaiComponents, and cabins and fabricationCabins and cabin loose parts, operator cabins for off-highway vehicles, aluminium die casting components, machining, and \npowder coating of aluminium die \ncasting parts\n29. Sandhar T echnologies Limited \u2013 Hosur Unit Hosur Components Aluminium die casting parts\n30. Sandhar T echnologies Limited \u2013 Oragadam (ADC) Oragadam, ChennaiComponents Aluminum die casting parts\n31. Sandhar Automotive Systems Gurugram After Market Locks, mirrors, clutch assembly, starter motors, coil plate assembly, filters\n32. Sandhar Amkin Gurugram Joint Venture Safety helmets and other headgears for two-wheelers\n33. Sandhar Whetron Gurugram Joint Venture Automotive Sensors like Cameras, Ultra sonic sensors, radar solutions\n34. Winnercom Sandhar T echnologies Bengaluru Joint Venture Shark fin antenna and micro pole antenna etc\n35. Sandhar Han Shin Auto T echnologies Bengaluru Joint Venture Radio Cable, AV/NAVI Cable, GPS/DMB Cable, USB Cable, AVM Cable\n36. Kwangsung Sandhar Bengaluru Joint Venture Sunvisor, Cargo Screen, Black-Out T ape, Glove Box & several other Blow-moulded products.\n37. Sandhar T echnologies Limited- Nalagarh Unit Nalagarh Components Sheet Metal components\n38. Sandhar Engineering- Attibele Unit Attibele Sandhar Engineering Private LimitedSheet Metal\n39. Sandhar Engineering- Mysore Unit Mysore Sandhar Engineering Private LimitedSheet Metal\n40. Sandhar Engineering- Halol Unit Halol Sandhar Engineering \nPrivate LimitedSheet Metal\nB. Facilities outside India: \nS.No Facility Location Division Product Manufactured\n1. ST Barcelona Spain ST Barcelona Aluminium spools and spindles\n2. Sandhar Poland Poland Step Down Subsidiary Aluminium spools and spindles\n3. ST Mexico Mexico Step Down Subsidiary Aluminium spools and spindles\n4. STL T echnologies Ro SRL Romania Step Down Subsidiary Aluminium spools and spindles\nC. Address for correspondence:\nInvestors and shareholders can correspond with the RTA or at corporate office of the Company at the following address:\nRegistrar and transfer agent - \nLink Intime India Private LimitedCompany\nC-101, 1st floor 247 Park  \nL B S Marg, Vikhroli (West)\nMumbai 400 083\nT el: +91 22 4918 6270Fax: +91 22 4918 6060\nE-mail: mumbai@linkintime.co.in\nInvestor Grievance e-mail: rnt.helpdesk@linkintime.co.inWebsite: www.linkintime.co.inRegistered Office:  \nB-6/20 L.S.C. Safdarjung Enclave, New Delhi-110029\nCorporate Office:  \nPlot No. 13, Sector 44, Gurgaon - 122002", "start_char_idx": 0, "end_char_idx": 2979, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "120df09f-9c42-4230-a74d-efe60a5d300a": {"__data__": {"id_": "120df09f-9c42-4230-a74d-efe60a5d300a", "embedding": null, "metadata": {"page_label": "67", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "59fcf392-9477-4ec6-ba46-13f82e112d46", "node_type": null, "metadata": {"page_label": "67", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f425ab76ee1e6049dbe18b81e8998129c7c92ab5bc263636a7cb5d26e1cc0d9b"}}, "hash": "f425ab76ee1e6049dbe18b81e8998129c7c92ab5bc263636a7cb5d26e1cc0d9b", "text": "Sandhar Technologies Limited66\nXII.  OTHER DISCLOSURES\n(a) Confirmation of Compliance with the Corporate Governance requirements specified in Regulation 17 to 27 and clauses (b) to (i) of \nsub-regulation 2 of Regulation 46 of listing Regulations.\nS. \nNoParticulars Regulation Number Compliance \nstatus \n(as on March \n31, 2022) (Yes/\nNo/NA)\n1 Independent director(s) have been appointed in terms of specified criteria of \n\u2018independence\u2019 and/or \u2018eligibility\u201916(1)(b) & 25(6) Yes\n2 Board composition 17(1) Yes\n3 Meeting of Board of directors 17(2) Yes\n4 Review of Compliance Reports 17(3) Yes\n5 Plans for orderly succession for appointments 17(4) Yes\n6 Code of Conduct 17(5) Yes\n7 Fees/compensation 17(6) Yes\n8 Minimum Information 17(7) Yes\n9 Compliance Certificate 17(8) Yes\n10 Risk Assessment & Management 17(9) Yes\n11 Performance Evaluation of Independent Directors 17(10) Yes\n12 Composition of Audit Committee 18(1) Yes\n13 Meeting of Audit Committee 18(2) Yes\n14 Composition of nomination & remuneration committee 19(1) & (2) Yes\n15 Composition of Stakeholder Relationship Committee 20(1) & (2) Yes\n16 Composition and role of risk management committee 21(1),(2),(3),(4) Yes\n17 Vigil Mechanism 22 Yes\n18 Policy for related party Transaction 23(1),(5),(6),(7) & (8) Yes\n19 Prior or Omnibus approval of Audit Committee for all related party transactions 23(2), (3) Yes\n20 Approval for material related party transactions 23(4) Yes\n21 Composition of Board of Directors of unlisted material Subsidiary 24(1) NA\n22 Other Corporate Governance requirements with respect to subsidiary of listed entity 24(2),(3),(4),(5) & (6) Yes\n23 Maximum Directorship & T enure 25(1) & (2) Yes\n24 Meeting of independent directors 25(3) & (4) Yes\n25 Familiarization of independent directors 25(7) Yes\n26 Memberships in Committees 26(1) Yes\n27 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel26(3) Yes\n28 Disclosure of Shareholding by Non-Executive Directors 26(4) Yes\n29 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes\n30 T erms and conditions of Appointment of Independent Directors 46(2)(b) Yes\n31 Composition of various Committees of Board of Directors \n46(2)(c) Yes\n32 Code of Conduct of Board of Directors and Senior Management Personnel 46(2)(d) Yes\n33 Details of Establishment of Vigil Mechanism/ Whistle Blower Policy; 46(2)(e) Yes\n34 Criteria of Making Payments to Non-Executive Directors 46(2)(f) Yes\n35 Policy on Dealing with Related Party Transactions 46(2)(g) Yes\n36 Policy for Determining \u2018Material\u2019 Subsidiaries 46(2)(h) Yes\n37 Details of Familiarization Programmes Imparted to Independent Directors 46(2)(i) Yes\n(b) Name and Designation of Compliance Officer:\nSmt. Komal Malik, Company Secretary & Compliance Officer\nPlot No. 13, Sector 44, Gurgaon \u2013 122001 Haryana - India T el No: 0124-4518900; Fax No: 0124-4518912\nEmail: investors@sandhar.in", "start_char_idx": 0, "end_char_idx": 2943, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7f2ef83d-c687-4d98-8794-d8149fec0642": {"__data__": {"id_": "7f2ef83d-c687-4d98-8794-d8149fec0642", "embedding": null, "metadata": {"page_label": "68", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "58401e4c-e697-44c2-93f5-70288b8e9b68", "node_type": null, "metadata": {"page_label": "68", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "56e4562bb43f1cdde62abb7ed38925abf01a9004621e89536a215420c9eb6c25"}, "3": {"node_id": "9610a9a5-249e-458e-81b1-1db5ae6c0624", "node_type": null, "metadata": {"page_label": "68", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f8e066d394d51a2534cae40988ea269321b4417200bb4b20024481d2b44ad41e"}}, "hash": "2bf48e07cdb1d9ab93b42e989b9902414e68452568a061d68ce50532113e773a", "text": "67\nAnnual Report 2021-22\n(c) Subsidiary companies:\nThe Company has Seven direct subsidiaries as per particulars below:\nS. No Name of subsidiary & its location Date of Incorporation Nature of subsidiary Type of subsidiary \npursuant to regulation 16(1)(c) of the Listing Regulations. i.e. [Material or otherwise]\n1 Sandhar T ooling Private Limited  \nRegistered office at B-6/20, L.S.C,  \nSafdarjung Enclave, New Delhi-110 02926th February, 2002 Domestic company Otherwise\n2 Sandhar Strategic Systems Private Limited Registered \noffice at - Village & Post Khandsa Behrampur Road \nGurgaon Gurgaon HR 122001 IN9th September, 2016 Domestic company Otherwise\n3 Sandhar Engineering Private Limited  \nRegistered office at Plot No. 13, Sector-44  \nGurugram- 12200214th October, 2021 Domestic company Otherwise\n4 Sandhar Auto Electric Solutions Private Limited Registered office at Plot No. 13, Sector-44 Gurugram \nGurgaon HR 122002 IN6th January, 2022 Domestic company Otherwise\n5 Sandhar Automotive Systems Private Limited  \nRegistered office at C/o Sandhar Components \nBehrampur, Khasra No.1747/1218,11,Behrampur road \nVillage Khandsa, Gurugram Gurgaon HR 122001 IN20th June, 2017 Domestic company Otherwise\n6 Sandhar T echnologies Barcelona S.L.,  \nRegistered office at Av. Cal Rubio, no 46, Santa \nMargarida I els Monjos, Barcelona, Spain18th May, 2007 Foreign company \n(RBI UIN no. \nNDWAZ20090757)Otherwise\n7 Sandhar Auto Castings Private Limited  \nRegistered office at Khasra No. 1747/1218, 11, Behrampur Road Village Khandsa Gurgaon Gurgaon HR \n122001 IN29th July 2020 Domestic company Otherwise\nNote:\n\u2022 The Joint Venture named as Sandhar Daewha Automotive Systems Private Limited has become the subsidiary of the Company on 27th December, 2021 and its name \nhas been changed to Sandhar Automotive Systems Private Limited w.e.f the 6th January, 2022\n\u2022 The name of Sand har Daeshin T echnologies Private Limited has been changed to Sandhar Auto Castings Private Limited w.e.f the 22nd March 2022.\n\u2022 Sandhar Amkin Industries Private Limited and Kwangsung Sandhar T echnologies Private Limited are treated as Joint Ventures for the purpose of preparation of \nfinancial statements as required under Ind-AS. However, the shareholding of Sandhar T echnologies Limited in these Companies exceeds 50% therefore, as per the \nprovisions of Companies Act, 2013 they are treated as subsidiaries.\nCompany\u2019s wholly-owned foreign subsidiary, viz. Sandhar T echnologies Barcelona S.L. has the following subsidiaries:\nS. \nNoName of subsidiary & its location Date of Incorporation Nature of subsidiary Type of subsidiary pursuant to regulation 16(1)(c) of the Listing Regulations. i.e.[Material or otherwise]\n1 Sandhar T echnologies Poland sp. z.o.o.  \nRegistered Office at UI Legionow 59,  \n42-200, Czestochowa, Poland 20th June, 2011 Foreign company Otherwise\n2 Sandhar T echnologies De Mexico S. de RL de CV  \nRegistered Office at Av. T orre centro  \nInsurgentes, 3 Parque Opcion, San Jose  \nIturbide 37980, Guanuato, Mexico27th February, 2014 Foreign company Otherwise\n3 Sandhar T echnologies Ro SRL  \nRegistered Office 6-9 Corneliu Coposu \nBoulevard 8th floor, Office No. M09, 4th March 2021 Foreign Company Otherwise\n4 *Breniar Projects S. L.  \nRegistered Office at Av. Cal Rubio,  \nNo. 46, Santa Margarida l els Monjos,\nBarcelona, Spain26th April, 2007 Foreign Company Otherwise\nNote:  *Breniar Projects S. L., Spain (Step Down Subsidiary) of", "start_char_idx": 0, "end_char_idx": 3428, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9610a9a5-249e-458e-81b1-1db5ae6c0624": {"__data__": {"id_": "9610a9a5-249e-458e-81b1-1db5ae6c0624", "embedding": null, "metadata": {"page_label": "68", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "58401e4c-e697-44c2-93f5-70288b8e9b68", "node_type": null, "metadata": {"page_label": "68", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "56e4562bb43f1cdde62abb7ed38925abf01a9004621e89536a215420c9eb6c25"}, "2": {"node_id": "7f2ef83d-c687-4d98-8794-d8149fec0642", "node_type": null, "metadata": {"page_label": "68", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2bf48e07cdb1d9ab93b42e989b9902414e68452568a061d68ce50532113e773a"}}, "hash": "f8e066d394d51a2534cae40988ea269321b4417200bb4b20024481d2b44ad41e", "text": " *Breniar Projects S. L., Spain (Step Down Subsidiary) of the Company liquidated on 21st   April, 2021.", "start_char_idx": 3371, "end_char_idx": 3474, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4cec6e5a-8a80-436e-9288-7bc03434c61e": {"__data__": {"id_": "4cec6e5a-8a80-436e-9288-7bc03434c61e", "embedding": null, "metadata": {"page_label": "69", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "10b21ee5-9e1d-4605-96d2-0a2913687c7c", "node_type": null, "metadata": {"page_label": "69", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b77972e8caddacd2f2017d433aa2fb82b6582f4c9417823ccd64664e06772d5d"}}, "hash": "b77972e8caddacd2f2017d433aa2fb82b6582f4c9417823ccd64664e06772d5d", "text": "Sandhar Technologies Limited68\nFor and on behalf of the Board of Directors of\nSandhar T echnologies Limited\nSd/-  Sd/ -\nD.N. Davar  Ja yant Davar\nChairman  CO-Cha irman & \nDIN: 00002008  Managing D irector  \nDIN: 00100801\nPlace: Gurgaon\nDate: 18th May 2022(d) RECONCILIA TION OF SHARE CAPITAL AUDIT REPORT\nIn terms of Regulation 76 of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, Reconciliation \nof Share Capital Audit is carried out on a quarterly basis by a Practicing Company Secretary with a view to reconcile the total admitted \ncapital with National Securities Depository Limited (\u201cNSDL \u201d) and Central Depository Services (India) Limited (\u201cCDSL \u201d) and those held in \nphysical form with the total issued, paid up and listed capital of the Company. The audit report, inter alia, confirms that the Register of \nMembers is duly updated and that demat requests were confirmed within stipulated time etc. The said report is also submitted to BSE \nLimited and NSE of India Limited.\n(e) SEBI COMPLAINTS REDRESSAL SYSTEM (SCORES)\nThe Company has registered on SCORES and every effort is made to resolve all investor complaints received through SCORES orotherwise within the statutory time limit from the receipt of the complaint. No Shares are lying in Demat Suspense Account /unclaimed \nsuspense Account. Hence, the disclosure of the same is not applicable.\n(f) COMMODITY PRICE RISK OF FOREIGN EX CHANGE RISK & HEDGING ACTIVITIES \nPlease refer to Management Discussion & Analysis report for the same. The company has a Board approved Forex Policy which lays \ndown the principles for hedging of Forex risk.\n(g) CREDIT RA TING\nDuring the year under review India Rating & Research, a credit rating agency registered with SEBI had given the credit ratings as follows:\nS.No. Name of Facilities Credit Rating\n1. Working Capital Facilities Long T erm Ratings: IND AA-/stable\n2. Commercial Paper Facilities Short T erm Ratings: IND A1+\n(h) DET AILS OF TOTAL FEES PAID TO STATUTORY AUDITORS\n(Rs. in Lacs)\nType of Service March, 2022 March, 2021\nAs Auditor\nAudit Fees 71.82 62.95\nLimited Review 12.00 12.00\nIn Other Capacity\nOther Services (Certification Fees) 6.75 0.70\nReimbursement of Expenses 1.76 1.03\nTOTAL 92.33 76.68", "start_char_idx": 0, "end_char_idx": 2257, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "69fb0aaf-ce15-40ba-b270-5b08f930a0d1": {"__data__": {"id_": "69fb0aaf-ce15-40ba-b270-5b08f930a0d1", "embedding": null, "metadata": {"page_label": "70", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "856f746d-0acb-40dd-a15c-3f7c12ace251", "node_type": null, "metadata": {"page_label": "70", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "efa7917b96e1aa7336169fbb2347bc5a30fcc78393fd874c4b24ed66e74b6cba"}}, "hash": "efa7917b96e1aa7336169fbb2347bc5a30fcc78393fd874c4b24ed66e74b6cba", "text": "69\nAnnual Report 2021-22\nDECLARATION BY MANAGING DIRECTOR\nThe Members,\nSandhar T echnologies Limited\nB-6/20 L.S.C. Safdarjung Enclave,\nNew Delhi-110029\nSub: Declaration regarding compliance with the Company\u2019s Code of Conduct for Directors and Employees. \nRef.: Regulation 34(3) read with Part D of Schedule V to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. \nI, Jayant Davar, Managing Director of Sandhar T echnologies Limited, hereby declare that all the members of the Board of Directors and \nSenior Management have affirmed compliance with the Code of Conduct for Directors and Employees of the Company.\nFOR SANDHAR TECH NOLOGIES LIMITED\nSd/-\nJayant Davar\nManaging Director \nPlace: Gurgaon\nDate: 18th May, 2022\nCERTIFICATE FROM COMPANY SECRETARY IN PRACTICE\n[Pursuant to clause 10 of part C of Schedule V of Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure \nRequirements), Regulations, 2015]\nIn pursuance of sub-clause (i) of clause 10 of Part C of Schedule V of the Securities and Exchange Board of India (SEBI) (Listing Obligations \nand Disclosure Requirements), Regulations, 2015]; (LODR) in respect of Sandhar T echnologies Limited (CIN: L74999DL1987PLC029553), \nI hereby certify that: \nOn the basis of the written representation/declaration received from the directors and taken on record by the Board of Directors, as on the \n31st March, 2022, none of the directors on the board of the Company has been debarred or disqualified from being appointed or continuing \nas director of Companies by the SEBI/Ministry of Corporate Affairs or any such statutory authority.\nFor M/ s K. K. Sac hdeva & Associates, \nPracticing Company Secretaries\nSd/-\nK. K. Sachdeva\n[Proprietor]\nFCS No. 7153, CP No. 4721\nUDIN: F007153D000337725\nPlace: New Delhi\nDate: 18th May, 2022", "start_char_idx": 0, "end_char_idx": 1829, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "98e71d3d-3d75-4d42-b90f-612dce186497": {"__data__": {"id_": "98e71d3d-3d75-4d42-b90f-612dce186497", "embedding": null, "metadata": {"page_label": "71", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4a0157ed-5cb2-4956-ab71-f2866a740260", "node_type": null, "metadata": {"page_label": "71", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "50fae76ba0fe390ff538ca57d28517ecca0d0ea6448666cf6b7b79b98f399d37"}}, "hash": "9b20b5cbf355c9abcd1c9b40647a7b1954cb735a0b389a5e2f950598433f2803", "text": "Sandhar Technologies Limited70\nBUSINESS RESPONSIBILITY REPORT:\nThis section is as per Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.\nSECTION A: GENERAL INFORMATION ABOUT THE \nCOMPANY\n1. Corpor ate Identity Number (CIN) of the Company: \nL74999DL1987PLC029553\n2. Name of the Com pany: Sandhar T echnologies Limited\n3. Regist ered address: B-6/20, L.S.C. Safdarjung Enclave New \nDelhi - 110029 \n4. W ebsite : www.sandhargroup.com \n5. E-m ail id : investors@sandhar.in \n6. Fina ncial Year reported: 01st April, 2021 to 31st March, 2022 \n7. Sect or(s) that the Company is engaged in (industrial activity \ncode-wise): \nS. No Activity NIC Code\n1 Manufacture of diverse parts and \naccessories for motor vehicles such as \nbrakes, gearboxes, axles, road wheels, \nsuspension shock absorbers, radiators, \nsilencers, exhaust pipes, catalysers, \nclutches, steering wheels, steering \ncolumns and steering boxes etc.29301\n2 Manufacture of parts and accessories of three wheelers and motorcycles including side cars.30913\n3 Wholesale or retail sale of parts and accessories of motorcycles, mopeds, \nscooters and three wheelers45402\n8. List  three key products/services that the Company \nmanufactures/provides (as in balance sheet)\nS. No Key Products\n1 Locks & Switches\n2 Rear View Mirrors\n3 Sheet Metal Components\n 9. T otal number of locations where business activity is undertaken \nby the Company: 44\n(a) Number of Internationa l Locations: 4\n(b) Number of Nationa l Locations: 40\n 10.  Mark ets served by the Company \u2013 Local/State/National/\nInternational: \nThe Company\u2019s products are available nationally and several\nproducts are exported.SECTION B: FINANCIAL DETAILS OF THE COMPANY\n1. P aid up Capital (INR): 60.19 Crores\n2. T otal Turnover (INR): 1946.17 Crores\n3. T otal profit after taxes (INR): 61.43 Crores\n4. T otal Spending on Corporate Social Responsibility (CSR) as \npercentage of profit after tax (%): 3.41%\n5. List  of activities in which expenditure in 4 above has been \nincurred: Refer Corporate Social Responsibility Report\n(Annexed to Board Report) of the Company. \nSECTION C: OTHER DETAILS\n1. Does the Company have any Subsidiary Company/ Companies?\nYes\n2. Do the Subsidiary Company/Companies participate in the BR \nInitiatives of the parent Company? If yes, then indicate the number of such subsidiary company(s) : \nThe subsidia ry companies are not required to comply with the \nBusiness Responsibility initiative as per the laws applicable to them.\n3. Do any other entity/entities (e.g. suppliers, distributors etc.) \nthat the Company does business with, participate in the BR initiatives of the Company? If yes, then indicate the percentage \nof such entity/entities? [Less than 30%, 30-60%, More than \n60%] : No\nSECTION D: BR INFORMATION\nDetails of Director/Directors responsible for BR\na) Details of the Director/Directors responsible for \nimplementation of the BR policy/policies\nS. No Particulars Details\n1 DIN (if applicable) 00100801\n2 Name Jayant Davar\n3 Designation Co-Chairman & Managing Director\n4 T elephone Number 0124-4518900\n5 E-mail Id investors@sandhar.in", "start_char_idx": 0, "end_char_idx": 3124, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9803e0e6-9be5-4afb-8333-7d21e0ae351d": {"__data__": {"id_": "9803e0e6-9be5-4afb-8333-7d21e0ae351d", "embedding": null, "metadata": {"page_label": "72", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "64a90cfa-20c4-467b-8627-ca85af5864cf", "node_type": null, "metadata": {"page_label": "72", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "60c3924334665ceb3b598710822ef5cd1816d2f109eae255b209c5eaf5bca71d"}}, "hash": "60c3924334665ceb3b598710822ef5cd1816d2f109eae255b209c5eaf5bca71d", "text": "71\nAnnual Report 2021-22\nPrinciple wise (as per NVGs) BR Policy/policies\nThe National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVGs) released by the Ministry of \nCorporate Affairs has adopted nine areas of Business Responsibility. These briefly are as follows:\nP1 Business should conduct  and govern themselves with Ethics, Transparency and Accountability \nP2 Businesses should p rovide goods and services that are safe and contribute to sustainability throughout their life cycle \nP3 Businesses should p romote the wellbeing of all employees \nP4 Businesses should r espect the interests of, and be responsive towards all stakeholders, especially those who are disadvantaged, \nvulnerable and marginalized \nP5 Businesses should r espect and promote human rights\nP6 Business should r espect, protect, and make efforts to restore the environment \nP7 Businesses,  when engaged in influencing public and regulatory policy, should do so in a responsible manner \nP8 Businesses should sup port inclusive growth and equitable development\nP9 Businesses should enga ge with and provide value to their customers and consumers in a  responsible manner\nS.No Questions P1 P2 P3 P4 P5 P6 P7 P8 P9 \n1 Do you have a policy/ policies for principle P1 to P9 Y Y Y Y Y Y Y Y Y\n2 Has the policy being formulated in consultation with \nthe relevant stakeholders? Yes\n3 Has the policy being approved by the Board? Is yes, has it been signed by MD/ owner/ CEO/ appropriate Board Director?Yes  \nThe Policy is signed by the MD.\n4 Does the company have a specified committee of the Board/ Director/ Official to oversee the implementation of the policy? Yes\n5 Indicate the link for the policy to be viewed online? Policies are available on the website of the Company i.e. www.sandhargroup.com. Policies which are internal to the Company are available on the intranet of the Company. \nLink of the policies hosted on the website are given above.\n6 Has the policy been formally communicated to all \nrelevant internal and external stakeholders?  Yes\n7 Does the company have in-house structure to implement the policy/ policies?  Yes\n8 Does the Company have a grievance Redressal mechanism related to the policy/ policies to address stakeholders\u2019 grievances related to the policy/ policies?  Yes\n9 Has the company carried out independent audit/ evaluation of the working of this policy by an internal or external agency? The policies have been evaluated internally.\nGovernance related to Business Responsibility\n(a) Indica te the frequency with which the Board of Directors, \nCommittee of the Board to assess the BR performance of the \nCompany. Within 3 months, 3-6 months, Annually, More than 1 \nyear?\nResponse: The Board of Directors of the Company shall assess various initiatives forming part of the BR performance of the Company at least once a year.\n(b) Does the Company publish a BR or a Sustainability Report? \nWhat is the hyperlink for viewing this report? How frequently it\nis published?\nResponse: The Company has published Business Responsibility Report annually as part of the annual report. The same can be \naccessed at our website  www.sandhargroup.com", "start_char_idx": 0, "end_char_idx": 3179, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4e300131-2669-4088-bcf6-ee860030d476": {"__data__": {"id_": "4e300131-2669-4088-bcf6-ee860030d476", "embedding": null, "metadata": {"page_label": "73", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "1b15e4c5-85a0-420d-822e-c81b90060a48", "node_type": null, "metadata": {"page_label": "73", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f398b23aae34e01afc0ddb12dadb4f6d758a531f34d7682de8d013ca0103c4ba"}, "3": {"node_id": "9925ccff-0e8d-4e68-9d84-79c518b39db4", "node_type": null, "metadata": {"page_label": "73", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "23ae25c912388db2b64dc2fc5ebeb21be6fd9fe2a7b17ecb1935ad2acca2af83"}}, "hash": "6e06034b3ffb1ea0e1cfad5b910810e650cf8c4fd86493e6362f7d5d9e41b1ac", "text": "Sandhar Technologies Limited72\nSECTION E: PRINCIPLE-WISE PERFORMANCE\nPrinciple 1: Businesses should conduct and govern themselves \nwith Ethics, Transparency and Accountability\n1. Does the Company have Policies relating to ethics, bribery and \ncorruption cover only the Company?  Yes/No\nResponse: Y es \n2. Does it extend to Group/Joint Ventures/subsidiaries/Suppliers/\nContractors?\nResponse: The policies are currently applicable to the Company \nbut not applicable on Subsidiaries / Joint Ventures / Suppliers / Contractors.\n3. How many stakeholder complaints have been received in the \npast financial year and what percentage was satisfactorily resolved by the management? If so, provide details thereof, in \nabout 50 words or so.\nResponse: No complaints were received during the year 2021-\n22.\nPrinciple 2: Businesses should provide goods and services that \nare safe and contribute to sustainability throughout their life cycle\n1. List  up to 3 of your products or services whose design has \nincorporated social or environmental concerns, risks and/or opportunities.\nResponse:\nThe key products which the Company manufactures are Locks \n& Switches, Rear View Mirrors and Sheet Metal Components. The designs of these products address environmental concerns \nand risk. The Company has consciously put in efforts to develop \nsustainable products through its in house R&D team. \n2. Does the Company have procedures in place for sustainable \nsourcing (including transportation)?  If yes, what percentage of your inputs was sourced sustainably? Also, provide details \nthereof, in about 50 words or so. \nResponse: Majority of Company\u2019s inputs by value are sourced \nfrom suppliers who adhere to sustainable sourcing principles.\nThe suppliers include market leaders in India and overseas with \nan impressive track records. A small portion of the Company\u2019s \nneeds are sourced from small enterprises and it is difficult for \nthe Company to assert adherence with sustainability norms by \nsuch suppliers.\nPrinciple 3: Businesses should promote employee well-being\n1. Plea se indicate the total number of employees as on the  March \n31, 2022: \nResponse: 1609\n2. Plea se indicate the total number of employees hired on \ntemporary/contractual/casual basis as on  the March 31, 2022: \nResponse: 5724\n3. Plea se indicate the Number of permanent women employees as \non  March 31, 2022: \nResponse: 1154. Plea se indicate the Number of permanent employees with \ndisabilities as on  March 31, 2022: \nResponse: Nil\n5. Do you have an employee association that is recognized by \nmanagement: \nResponse: Y es\n6. What percentage of your permanent employees is members of \nthis recognized employee association? \nResponse: 13. 15%\n7. Plea se indicate the Number of complaints relating to child \nlabour, forced labour, involuntary labour, sexual harassment in the last financial year and pending as on the end of the financial \nyear.\nS. No Category No. of \ncomplaints \nfiled during \nthe financial \nyearNo. of \nComplaints \nPending as on \nthe end of the \nfinancial year\n1 Child labour / forced \nlabour/involuntary \nlabourNil Nil\n2 Sexual Harassment Nil Nil\n3 Discriminatory \nemploymentNil Nil\n8. What percentage of your under mentioned employees were \ngiven safety & skill up-gradation training in the last year?\nP ercentage of Training Hours (CA + CRAs): 2.60%\nP ercentage of Training Hours (Staff) : 3.09%\nPrinciple 4: Businesses should respect the interests of, and be responsive towards all stakeholders, especially those who are \ndisadvantaged, vulnerable and marginalized.\n1. Has the Company mapped its internal and external \nstakeholders?\nY es/No\nResponse: Yes, Stakeholders\u2019 views and suggestions are \nincorporated into business", "start_char_idx": 0, "end_char_idx": 3703, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9925ccff-0e8d-4e68-9d84-79c518b39db4": {"__data__": {"id_": "9925ccff-0e8d-4e68-9d84-79c518b39db4", "embedding": null, "metadata": {"page_label": "73", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "1b15e4c5-85a0-420d-822e-c81b90060a48", "node_type": null, "metadata": {"page_label": "73", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f398b23aae34e01afc0ddb12dadb4f6d758a531f34d7682de8d013ca0103c4ba"}, "2": {"node_id": "4e300131-2669-4088-bcf6-ee860030d476", "node_type": null, "metadata": {"page_label": "73", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6e06034b3ffb1ea0e1cfad5b910810e650cf8c4fd86493e6362f7d5d9e41b1ac"}}, "hash": "23ae25c912388db2b64dc2fc5ebeb21be6fd9fe2a7b17ecb1935ad2acca2af83", "text": "Yes, Stakeholders\u2019 views and suggestions are \nincorporated into business strategies.\n2. Out  of the above, has the Company identified the\ndisadvantaged, vulnerable and marginalized stakeholders. \nResponse: Y es\nPrinciple 5: Businesses should respect and promote human \nrights\n1. Does the policy of the Company on human rights cover only the \nCompany or extend to the Group/Joint Ventures/Suppliers/Contractors/NGOs/Others? \n Response: Y es\nThe Com pany recognizes the human rights and treat others\nwith dignity and respect. It believes that it is one\u2019s fundamental rights to live with dignity and respect. The Company has \nadopted the following policies viz.", "start_char_idx": 3631, "end_char_idx": 4289, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "2c174572-d662-4164-99a1-7c527903d0f9": {"__data__": {"id_": "2c174572-d662-4164-99a1-7c527903d0f9", "embedding": null, "metadata": {"page_label": "74", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c118f8fa-48d4-4e6e-a980-d60e0afedd82", "node_type": null, "metadata": {"page_label": "74", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a00c42b0520679d08a733964d8f5f573f3bd4613d523db2d4d0ef12e015bd21e"}, "3": {"node_id": "4328933f-ffac-4b13-b5a6-d487b807cc93", "node_type": null, "metadata": {"page_label": "74", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "201b8d449a58bedf56be797a2327d1452d1667b9a6134b257591abb2b44e1b3f"}}, "hash": "b533f7e649ee0cb4ef6fc146254d5b8bc5cda7a4a6771d3d7f0e3f9e9b5c0a5e", "text": "73\nAnnual Report 2021-22\na)P olicy on \u201cPrevention of Sexual Harassment of Women \nat work place\u201d seeks to provide safe and healthy work \nenvironment to its employees by establishing a guideline \nto deter any sexual harassment at work.\nb) Code of conduct for all Directors and Senior Management \nthat prohibits discrimination and harassment, and \npromotes clean safe and ethical work environment\nc) Whist le Blower Policy provides scope to its group \ncompanies, joint ventures, suppliers, contractors, others to report serious concerns that could have grave impact \non the operations and performance of the business\n2. How many stakeholder complaints have been received in \nthe past financial year and what percent was satisfactorily \nresolved by the management?\nResponse: There have been no complaints received in the\nyear under review, relating to any human rights issue.\nPrinciple 6: Businesses should respect, protect, and make \nefforts to restore the environment\n1. Does the policy related to Principle 6 cover only the \nCompany or extends to the Group/Joint Ventures/\nSuppliers/Contractors/NGOs/others\nResponse: The Com pany continuously makes efforts to\nsafeguard the environment.\nThe steps are tak en for optimal utilisation of resources in\nline with ISO-14001 standards requirements.\n2. Does the Company have strategies / initiatives to address \nglobal environmental issues, such as climate change, global warming, and others? If yes, please give hyperlink for \nwebpage etc.\nResponse: The Com pany is committed for continual\nimprovement for optimum utilization of resources to\nminimize consumption of energy, water and natural \nresources while maximizing production volumes in eco-\nfriendly manner.\n3. Does the Company identify and assess potential \nenvironmental risks? Y/N\nResponse: Y es.\n4. Does the Company have any project related to Clean \nDevelopment Mechanism? If so, provide details thereof, in about 50 words or so. Also, if Yes, whether any \nenvironmental compliance report is filed?\nResponse: The Com pany does not have any Clean\nDevelopment Mechanism(CDM) Projects.\n5. Has the Company undertaken any other initiatives on clean \ntechnology, energy, efficiency, renewable energy, etc. Y/N. If \nyes, please give hyperlink for web page etc.\nResponse: Covered under Board Report which forms part \nof the Annual Report.6. Are the Emissions/Waste generated by the Company within the \npermissible limits given by CPCB/SPCB for the financial year being reported.\nResponse: The Emissions/Waste generated by the Company are \nwithin the permissible limits given by Central Pollution ControlBoard (CPCB) and State Pollution Control Board (SPCB).\n7. Number of show cause/ legal notices received from CPCB/SPCB \nwhich are pending (i.e. not resolved to satisfaction) as on end of Financial Year.\nResponse: As on March 31, 2022, there are no show cause/ legal \nnotices received from CPCB/ SPCB which are pending / unresolved.\nPrinciple 7: Businesses, when engaged in influencing public and \nregulatory policy, should do so in a responsible manner\n1. Is your Company a member of any trade and chamber or association? \nIf Yes, Name only those major ones that your business deals with:\nResponse: Yes, the Company is the member of following:\na)Automotiv e Component Manufacturer Association of the \nIndia (ACMA)\nb )  Confeder ation of Indian Industry (CII)\nc)  NCR Cha mber of Commerce and Industry\n2. Ha ve you advocated/lobbied through above associations for \nthe advancement or improvement of public good? Yes/No; if yes \nspecify the broad areas (drop box: Governance and Administration, \nEconomic Reforms, Inclusive Development Policies, Energy \nsecurity, Water, Food Security, Sustainable Business Principles, \nOthers)\nResponse: No\nPrinciple 8: Businesses should support inclusive growth and \nequitable development.\n1. Does the Company have specified programmes /initiatives/projects \nin pursuit of the policy related to Principle 8?", "start_char_idx": 0, "end_char_idx": 3937, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4328933f-ffac-4b13-b5a6-d487b807cc93": {"__data__": {"id_": "4328933f-ffac-4b13-b5a6-d487b807cc93", "embedding": null, "metadata": {"page_label": "74", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c118f8fa-48d4-4e6e-a980-d60e0afedd82", "node_type": null, "metadata": {"page_label": "74", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a00c42b0520679d08a733964d8f5f573f3bd4613d523db2d4d0ef12e015bd21e"}, "2": {"node_id": "2c174572-d662-4164-99a1-7c527903d0f9", "node_type": null, "metadata": {"page_label": "74", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b533f7e649ee0cb4ef6fc146254d5b8bc5cda7a4a6771d3d7f0e3f9e9b5c0a5e"}}, "hash": "201b8d449a58bedf56be797a2327d1452d1667b9a6134b257591abb2b44e1b3f", "text": "/initiatives/projects \nin pursuit of the policy related to Principle 8? If yes details thereof.\nResponse: We Support Inclusive growth and equitable development \nthrough our focus on women empowerment and Educationprograms for underprivileged girl students. With better pedagogy \nsupport, books, uniforms, communication skills, career counselling, \nsanitation, hygiene, and mental health support, and support for \nhigher education, we augment their employability that facilitates \nequitable development and equal opportunities for women.\nDetails of CSR activities are provided in the Board\u2019s Report forming \npart of this Annual Report.\n2. Are the programmes /projects undertaken through in-house team/\nown foundation/external NGO/government structures/any other \norganization? \nResponse: The Com pany undertakes CSR activities through its\nphilanthropic arm Sandhar Foundation. Our Healthcare initiative ( Sandhar Healthcare Centre) as well as emergency response COVID \nCare centre in FY 21-22 was self-implemented through in-house\nteam and rest all initiatives are through external implementing\nagencies ( NGOs)", "start_char_idx": 3866, "end_char_idx": 4976, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0ba33961-defb-40ed-a97a-461a06856ff8": {"__data__": {"id_": "0ba33961-defb-40ed-a97a-461a06856ff8", "embedding": null, "metadata": {"page_label": "75", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ec6df8e4-081a-466d-bd6c-1b9529b52834", "node_type": null, "metadata": {"page_label": "75", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3258664b2bd742493a44247f363b78233b7e520945332c11bf893456d5a91386"}}, "hash": "3258664b2bd742493a44247f363b78233b7e520945332c11bf893456d5a91386", "text": "Sandhar Technologies Limited74\n3. Ha ve you done any impact assessment of your initiative? \nResponse: Yes, for one of our projects in support education \nthrough KHUSHII NGO, we have got an impact assessment \ndone. This is not mandated as program value is under 1 crore, \nbut was taken as a self-initiative to measure the outcomes. \n4. What is your Company\u2019s direct contribution to community \ndevelopment projects - Amount in INR and the details of the \nprojects undertaken? \nResponse: CSR spend for the year under review is 2021-22. We \nhave a specific Health Initiative for the community at Begumpur Khatola, Gurugram District, Haryana which is under direct \nImplementation by Sandhar Foundation called the Sandhar \nHealthcare Centre. For amount and Project Details, Please \nrefer to \u2018Annexure IV\u2019 forming part of the Board\u2019s Report \n5. Ha ve you taken steps to ensure that this community\ndevelopment initiative is successfully adopted by the\ncommunity? \nResponse: Yes, with the assistance and approval of the local \nArea Counselor, the project has been allotted community space in Begumpur Khatola where-in we have over a 500 OPD walk-\nins a month for doctor consultations. With the support of local \nadministration, PHC at Fazilpur, we organize free health camps \nscreenings for health check ups \u2013 eye, cardiology, dental , skin, \ngynae etc. \nF or the assistance of local community, we have installed a water \nATM which has got cumulative registrations of 1060 users from underserved communities in the adjoining areas with average\nwater dispensation of more than 2 lac litres per annum. Access \nto clean drinking water has contributed in a big way to avoiding \ndiseases like diarrhea, cholera, dysentery, typhoid and polio.Principle 9: Businesses should engage with and provide value to their customers and consumers in a responsible manner. \n1. What percentage of customer complaints/consumer cases are \npending as on the end of financial year. \nResponse: Nil\n2. Does the Company display product information on the product \nlabel, over and above what is mandated as per local laws? \nResponse: The Com pany displays product information on the\nproduct label as mandated by the law.\n3. Is there any case filed by any stakeholder against the Company \nregarding unfair trade practices, irresponsible advertising and/\nor anti-competitive behaviour during the last five years and \npending as on end of financial year. If so, provide details thereof, \nin about 50 words or so. \nResponse: No\n4. Did your Company carry out any consumer survey/ consumer \nsatisfaction trends?\nResponse: No", "start_char_idx": 0, "end_char_idx": 2582, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "aa546083-63a6-4bde-b344-69113f00c2de": {"__data__": {"id_": "aa546083-63a6-4bde-b344-69113f00c2de", "embedding": null, "metadata": {"page_label": "76", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b102a2e7-f85d-4bcd-8a8c-dd84da2591a2", "node_type": null, "metadata": {"page_label": "76", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "d52649fceab3a59ef7946b50cc73f83a9d34e01204308d9c83d78750dc10fba8"}, "3": {"node_id": "d05a859f-f973-4791-b129-972305a96cfc", "node_type": null, "metadata": {"page_label": "76", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "567dd8b1edaf5cc8cda7a70f12eb42f0d23c1b28991444ed5280e353c1bbbf12"}}, "hash": "459e83bb39ecf621e705274b811917e97ef0e25581c27272161ca493f24c2ff8", "text": "75\nAnnual Report 2021-22\nManagement Discussion & Analysis \u2013Financial Performance FY 2022\nIndustry Snapshot:\nThe year gone by was full of unforeseen challenges and new learning \nfor the industry. Indian auto industry has worked hard against these \nchallenges to keep the value chain running, to indigenize parts, \ncontrol cost, invest in new technologies, and enhance exports. \nThe Government also came out with targeted support like PLI \nschemes, FAME scheme extension, etc. Elaborating on the sales \nperformance, \u201cDespite some recovery from a low base, sales of all \nfour segments of the auto industry are below even 2018-19 level. While some segments like Commercial Vehicles and SUVs are seeing \nimprovement in demand, the mass segments like two-wheelers and \nsmaller cars are facing serious affordability issues. The immediate \nchallenge in most segments is semiconductor availability. \u201d  T alking \nabout export performance, all four segments of the industry have \nincreased their exports. Infact, two-wheelers achieved their highest \never exports. It is good to see that Indian products are becoming \nmore acceptable worldwide for their quality, cost and performance. \u201d\nThe auto industry saw a decline of 6% in sales during FY22, still \nhurt by supply challenges the industry faced during early 2022, \nand the chip shortage affecting many carmakers. Steep increase in \ncommodity prices, precious metals and freight rates were putting \nadditional pressure on supply chain and profitability of the industry. \nInd-Ra said the ongoing geopolitical tensions amid Russia-Ukraine \nsituation could increase commodity prices, crude oil prices, and \nexacerbate supply chain issues.\nThe economy and the global health situation are slowly starting \nto take a step in the right direction, and the development for light \nvehicle sales is following suit. With several hurdles overcome \nduring the last year, the outlook for FY 2023 looks positive by \ncomparison. T oday, light vehicle inventories are at a record low, but \nwith production of semiconductors now ramping up, we assume the \nsituation will stabilize during the second half of 2022.Production\nThe industry produced a total 2,29,33,230 vehicles including \nPassenger Vehicles, Commercial Vehicles, Three Wheelers, \nTwo Wheelers and Quadricycle in April-March 2022 as against \n2,26,55,609 in April- March 2021 with an increase of 1.23%.\nDomestic Sales\nThe Passenger Vehicles sales has been 30,69,499 units in April-\nMarch 2022, compared to 27,11,457 units in April-March 2021, \nincreased by 13.20%.\nThe overall Commercial Vehicles sales has been 7,16,566 units in \nApril-March 2022 compared to 5,68,559 units in April- March \n2021, increased by 26.03%.\nThree-wheeler sales have been 2,60,995 units in April-March 2022 \ncompared to 2,19,446 units in April-March 2021, increased by 18.93%. \nTwo-wheeler sales have been 1,34,66,412 units in April-March \n2022, compared to 1,51,20,783 units in April-March 2021, decline \nby (-) 10.94%.\nExports\nThe overall exports have been 56,17,246 units in April-March 2022 \ncompared to 41,34,047 units in April-March 2021, increased by \n36%.\nPassenger Vehicles and Two Wheelers exports increased by 43 \npercent and 35 percent respectively. Similarly, Commercial Vehicles \nand Three Wheelers increased by 83 percent, and 27 percent \nrespectively in April-March 2022 over the same period last year.\nThe table below, gives the segment wise sales volumes of the industry:\nSegment FY\u201922 FY\u201921 Gr %\nVolume ( Nos.) Volume ( Nos.)\nPassenger Vehicles 18,42,042 18,06,773 2%\nUtility Vehicles 16,90,214 11,98,592 41%\nVans 1,15,118", "start_char_idx": 0, "end_char_idx": 3601, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d05a859f-f973-4791-b129-972305a96cfc": {"__data__": {"id_": "d05a859f-f973-4791-b129-972305a96cfc", "embedding": null, "metadata": {"page_label": "76", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b102a2e7-f85d-4bcd-8a8c-dd84da2591a2", "node_type": null, "metadata": {"page_label": "76", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "d52649fceab3a59ef7946b50cc73f83a9d34e01204308d9c83d78750dc10fba8"}, "2": {"node_id": "aa546083-63a6-4bde-b344-69113f00c2de", "node_type": null, "metadata": {"page_label": "76", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "459e83bb39ecf621e705274b811917e97ef0e25581c27272161ca493f24c2ff8"}}, "hash": "567dd8b1edaf5cc8cda7a70f12eb42f0d23c1b28991444ed5280e353c1bbbf12", "text": "16,90,214 11,98,592 41%\nVans 1,15,118 1,10,489 4%\nT otal : PVs + UVs 36,47,374 31,15,854 17%\nM & HCVs 2,72,758 1,78,236 53%\nLCVs 5,36,105 4,40,657 22%\nT otal: CVs 8,08,863 618,893 31%\nMotorcycles 1,30,66,628 1,30,63,684 0.02%\nScooters 43,59,406 47,14,325 -8%\nMopeds 4,83,396 625,560 -23%\nT otal: 2 Wheelers 1,79,09,430 1,84,03,569 -3%\nThree Wheelers 7,60,725 6,12,447 24%\nT otal 2,31,26,392 2,27,50,763 2%", "start_char_idx": 3564, "end_char_idx": 3969, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f91be6d8-69d6-492b-b8e9-dcff4a4bb4a5": {"__data__": {"id_": "f91be6d8-69d6-492b-b8e9-dcff4a4bb4a5", "embedding": null, "metadata": {"page_label": "77", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "673d5043-999d-4297-b41d-d5ce73628173", "node_type": null, "metadata": {"page_label": "77", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "18c1d606d74dd1a3294577616009de0c770c609efe1098f9201787ceafc0791d"}, "3": {"node_id": "0da1d0ed-5b27-4d18-96e7-6c37f95dd0ec", "node_type": null, "metadata": {"page_label": "77", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4c5a653225a0c5e6da55fbe19b0c78a9273316e830fd25d31a8bce8884961f2a"}}, "hash": "c1c2c912d3ca020248dea2a15aa776b2bf39fbf2de6805045a85485e678ddaf4", "text": "Sandhar Technologies Limited76\nThe table below, gives the year to date sales volumes of the Company\u2019s major OEMs:\nOEM Growth Rates FY\u201922 FY\u201921 YoY\nHero Motocorp Lacs (Vol.) 49.44 57.93 -15%\nTVS Motors Lacs (Vol.) 31.38 29.28 7%\nHonda Motorcycles Lacs (Vol.) 38.02 40.78 -7%\nBajaj Auto Lacs (Vol.) 38.37 36.06 6%\nRoyal Enfield Lacs (Vol.) 6.02 6.12 -2%\nHonda Cars Lacs (Vol.) 1.05 0.87 20%\nT ata Motors- CVs Lacs (Vol.) 3.57 2.63 36%\nFINANCIAL PERFORMANCE FY\u201922\nThe performance of the Company for the year ended the 31 March 2022 is as per the summary given below:\nSTL Consolidated:\nT otal Revenue: T otal Revenue (including inter-unit/inter-Company stock transfers) for the year ended the 31 March 2022 at Rs. 2,579.09 \nCrs as against Rs. 2,101.46 Crs in year ended the 31 March 2021, thereby representing a growth of 23%. After elimination of the inter-unit \nand inter-Company transactions, the T otal Revenue at Consolidated level stood at Rs. 2,330.68 Crs for the year ended 31 March 2022 as \nagainst Rs. 1,874.34 Crs in the last year, thereby registering a growth of 24%. \nThe individual Company\u2019s T otal Revenue (including Other Income), net of Inter-Unit, stood as below:\nCompany Name FY\u201922 FY\u201921 Act Gr Vs L Y \n(Rs. In Crs) (Rs. In Crs) %\nSTL 1,946.17 1,594.70 22.04%\nSTB (WOS) including its subsidiaries at Mexico and Poland 370.87 268.16 38.30%\nSTPL (WOS) 14.42 11.82 22.00%\nSEPL (WOS) 0.10 -\nSASPL (WOS) 10.53 -\nInter Companies elimination/adjustments (11.41) (0.34)\nT otal 2,330.68 1,874.34 24.35%\nThe total contribution of the Subsidiaries to the consolidated Revenue has been Rs. 384.51 Crs in the year ended March 2022 as compared \nto Rs. 279.64 Crs in the previous fiscal year, constituting 16.50% and 14.92% of the T otal Revenue, respectively. \nEBITDA:  At the Consolidated level, the Company registered an EBITDA of Rs. 213.01 Crs in the year ended March 2022 as compared to Rs. \n199.18 Crs in the previous year, thereby registering a growth of 6.94%. The individual Company\u2019s performance stands as below:\nCompany Name FY\u201922 FY\u201921 Act Gr Vs L Y \n(Rs. In Crs) (Rs. In Crs) %\nSTL 171.11 163.14 5%\nSTB (WOS) including its step down subsidiaries at Mexico and Poland 39.02 33.69 16%\nSTPL (WOS) 3.40 2.70 26%\nSEPL (WOS) (0.80) -\nSASPL (WOS) 1.28 -\nInter Companies elimination/adjustments (1.00) (0.35)\nT otal EBITDA 213.01 199.18 7%\nThe total contribution of the subsidiaries in the Consolidated \nEBITDA increases to Rs. 41.9 Crs for the year ended March \n2022 from Rs. 36.04 Crs for the year ended March 2021 thereby \ncontributing 19.67% to the total Consolidated EBITDA as against \n18.09% in same period in the last year. The EBITDA margins are \nnot comparable as the manufacturing units were shut down in the \nmonth of May 2021 due to COVID-19.  T otal Manufacturing Cost\nAt Consolidated level, the manufacturing cost as a % to T otal Net \nRevenue from Operations (net of GST) stood at", "start_char_idx": 0, "end_char_idx": 2901, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0da1d0ed-5b27-4d18-96e7-6c37f95dd0ec": {"__data__": {"id_": "0da1d0ed-5b27-4d18-96e7-6c37f95dd0ec", "embedding": null, "metadata": {"page_label": "77", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "673d5043-999d-4297-b41d-d5ce73628173", "node_type": null, "metadata": {"page_label": "77", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "18c1d606d74dd1a3294577616009de0c770c609efe1098f9201787ceafc0791d"}, "2": {"node_id": "f91be6d8-69d6-492b-b8e9-dcff4a4bb4a5", "node_type": null, "metadata": {"page_label": "77", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c1c2c912d3ca020248dea2a15aa776b2bf39fbf2de6805045a85485e678ddaf4"}}, "hash": "4c5a653225a0c5e6da55fbe19b0c78a9273316e830fd25d31a8bce8884961f2a", "text": "a % to T otal Net \nRevenue from Operations (net of GST) stood at 83.41% in the FY\u201922 \nas compared to 81.58% in the FY\u201921.\nAt Standalone level, the manufacturing cost as a % to T otal Net \nRevenue from Operations (net of GST) stood at 85.30% in the FY\u201922", "start_char_idx": 2837, "end_char_idx": 3090, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b13e3b23-e8ab-4c80-b5be-0d2d6098a784": {"__data__": {"id_": "b13e3b23-e8ab-4c80-b5be-0d2d6098a784", "embedding": null, "metadata": {"page_label": "78", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e4906ba4-20da-451f-9e70-7b1b0848d67f", "node_type": null, "metadata": {"page_label": "78", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "264bcdf71c4d2465ae8b73f26917a73a4fde632a61cdfa2841d80cd7dab1f73c"}}, "hash": "264bcdf71c4d2465ae8b73f26917a73a4fde632a61cdfa2841d80cd7dab1f73c", "text": "77\nAnnual Report 2021-22\nas compared to 83.82% in the FY\u201921. The higher manufacturing cost \nis due to COVID-19 pandemic and increase in commodity prices.\nPersonnel, Selling and Admin & General Costs:  \nAt Consolidated level, Personnel, Selling, Admin & General Cost are \nlower at 9.50% in the FY\u201922 as compared to 10.55% in the FY\u201921. \nAt Standalone level, Personnel, Selling, Admin & General Cost is \nlower at 8.03% in the FY\u201922 as compared to 8.80% in the FY\u201921 in \ndespite of higher proportion of fixed expenses in the overall cost \nstructure primarily on account of decline in sales due to COVID-19 \nin Q1 FY\u201922. \nForeign exchange loss arising out of trade operations amounted to \nRs. 0.02 Cr. in the year FY\u201922 as compared to a gain of Rs. 0.46 Cr. in \nthe previous year. \nFinance Costs: \nAt Consolidated level, the Finance Costs increased to Rs. 17.71 Crs \n(0.76% of Net Revenue) for FY\u201922 versus Rs. 16.02 Crs (0.86% of \nNet Revenue) in the FY\u201921. \nAt Standalone basis, the Finance Costs increased to Rs. 9.43 Crs \n(0.49% of Net Revenue) for the FY\u201922 versus Rs. 9.09 Crs (0.57% of Net Revenue) in the FY\u201921. The interest cost on working capital loans \nand bill discounting charges stood at Rs. 6.46 Crs for the FY\u201922 as \ncompared to Rs. 7.14 Crs in the FY\u201921. The lower finance costs were \non account of aggressive working capital management coupled with \na slew of measures to use variety of short term financing structures. \nThe average working capital borrowing at Standalone level, increase \nby Rs. 99.85 Crs (from Rs. 43.06 Crs in March 21 to Rs. 142.91 Crs \nin March 22. \nLoans (Borrowings):\nAt Consolidated level, the T erm Loans as at the 31 March 2022 \nstood at Rs. 273.15 Crs versus Rs. 106.77 Crs as at 31 March 2021. \nOutstanding working capital loans at the Consolidated level stood at \nRs. 242.49 Crs as against Rs. 113.80 Crs as at the 31 March 2021. \nOutstanding T erm Loans on Standalone basis, stood at Rs. 95.05 Cr \nas at the 31 March 2022 vs Rs. 0.24 Cr. as at the 31 March 2021. \nOutstanding working capital loans on Standalone basis have been \nRs. 142.91 Crs as at 31 March 2022 versus Rs. 43.06 Crs as at the \n31 March 2021. The increase in borrowing is on account of decline \nin the business due to COVID-19 pandemic and increase in capex.\nCapital Expenditure/ Addition in Gross Block:\nAt STL Standalone level, Company increased asset base by Rs. 128.91 Crs as at 31 March 2022.\nCapital Expenditure\nAddition in Property, Plant & Equipment (a to f) 97.12\na) Buildings 5.73\nb) Plant and Equipment 83.92\nc) Office equipment 2.25\nd) Vehicles 0.56\ne) Freehold land 3.66\nf) Furniture and Fixtures 1.00\nAddition in Intangible assets 23.43\nAddition in Right of use assets 8.36\nT otal additions in Gross Block 128.91\nPayment to Capital Creditors (5.59)\nIncrease/ (Decrease) in CWIP 28.31\nIncrease in Capital Advance 0.21\nLess:- Addition in Right of use assets (8.36)\nT otal Capex as per cash flow 143.48", "start_char_idx": 0, "end_char_idx": 2926, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "38d980da-0f13-422d-957e-488214aa782c": {"__data__": {"id_": "38d980da-0f13-422d-957e-488214aa782c", "embedding": null, "metadata": {"page_label": "79", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8b31196e-b038-4265-894c-e1c165b2009d", "node_type": null, "metadata": {"page_label": "79", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "206a6923f3becd4e46bbf0ede0152457cc32cafe4a48f787d22482e73dc8e0ae"}, "3": {"node_id": "f8276eaf-e861-4909-bbaf-11bf7a2a0a9d", "node_type": null, "metadata": {"page_label": "79", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ab8178c3da8a3e3f99896f5cdce585528369e61dc01dc65aa02ef512d6a5feae"}}, "hash": "67c7ac6daa4be00ff7c4cc1d39da8599c46a6fd4f168b7856d910edcb2d74420", "text": "Sandhar Technologies Limited78\nInvestments: \nThe T otal Investments made during the period in various subsidiaries and joint ventures aggregated Rs. 50.25 Crs. The T otal Investments in \nsuch subsidiaries and joint ventures stood at Rs. 162.67 Crs. \nS. \nNo.Name of Subsidiary/ Joint Venture T otal Investment as at 31st \nMarch, 2022 (Rs. In Crs)Addition/(Deletion) during the \nperiod (Rs. In Crs)\n1 Sandhar Engineering Pvt. Ltd. 35.00 35.00\n2 Sandhar Amkin Industries Pvt. Ltd. 26.62 11.30\n3 Sandhar T echnologies Barcelona S.L. 20.29 -\n4 Sandhar Han Sung T echnologies Pvt. Ltd. 19.56 1.02\n5 Sandhar Automotive Systems Pvt. Ltd. 16.66 0.48\n6 Jinyoung Sandhar Mechatronics Pvt Ltd. 12.27* -\n7 Kwansung Sandhar T echnologies Private Limited 10.08 -\n8 Sandhar Whetron Electronics Pvt. Ltd. 9.78 1.46\n9 Winnercom Sandhar T echnologies Private Limited 4.00 -\n10 Sandhar T ooling Pvt. Ltd. 3.87 -\n11 Sandhar Han Shin Auto T echnologies Private Limited 2.75 -\n12 Kwangsung Sandhar Automotive Systems Private Limited 0.99 0.99\n13 Sandhar Ecco Green Energy Pvt. Ltd. 0.79** -\n14 Sandhar Auto Castings Private Limited 0.01 -\n15 Sandhar Auto Electric Solutions Private Limited 0.0001 0.0001\n16 Sandhar Daeshin Auto Systems Pvt. Ltd. -*** -\n17 Sandhar Han Shin Automotive Private Limited -*** -\n18 Sandhar Strategic Systems Pvt. Ltd. -*** -\nT otal 162.67 50.25\n* The original cost of investment in Jinyoung Sandhar Mechatronics Pvt Ltd is Rs. 13.37 Crs, company noted an impairment loss of Rs 1.10 Crs, fair valued at Rs. 12.27 Crs.\n** The Original cost of Investment in Ecco Green amounting Rs. 2.22 Crs. fair valued at Rs. 0.79 Crs. The company is in the process of voluntary Liquidation.\n*** Sandhar Han Shin Automotive Private Limited, Sandhar Daeshin Auto Systems Private Limited and Sandhar Strategic Systems Private Limited are is under process of \nstrike-off.\nSundry Debtors: \nAt Consolidated level, the Receivables as at the 31 March 2022 \nstood at Rs. 445.37 Crs versus Rs. 392.92 Crs as at the 31 March \n2021.\nThe Receivables for the Company on Standalone basis, stood at Rs. \n406.59 Crs as at the 31 March 2022 as against Rs. 348.33 Crs as \nat 31 March 2021. This represented 57 days of average collection \nperiod as against 49 days as at the 31 March 2021. The increase \nin average collection period due to low sale in the 1st Quarter. No \nprovision is required to be made, as the receivables are all good and \nrecoverable. \nInventories:\nAt Consolidated level, the inventories as at the 31 March 2022 \nstood at Rs. 259.69 Crs versus Rs. 211.37 Crs as at the 31 March \n2021.\nThe inventories for the Company on Standalone basis as at the 31 \nMarch 2022 stood at Rs. 156.30 Crs as against Rs. 133.97 Crs as at \nthe 31 March 2021. This represented 39 days of inventory holding period as against 43 days as at the 31 March 2021. No provision is \nrequired in the inventory against any slow moving inventory as their \ndispatch is in accordance with the customer offtake plan.\nCurrent Liabilities:\nAt Consolidated level, the Current Liabilities & Provisions as at the \n31 March 2022 stood at Rs. 500.00 Crs versus Rs. 469.96 Crs as at \nthe 31 March 2021.\nThe current liabilities & provisions for the Company on Standalone \nbasis, stood at, the Rs. 342.91", "start_char_idx": 0, "end_char_idx": 3248, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f8276eaf-e861-4909-bbaf-11bf7a2a0a9d": {"__data__": {"id_": "f8276eaf-e861-4909-bbaf-11bf7a2a0a9d", "embedding": null, "metadata": {"page_label": "79", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8b31196e-b038-4265-894c-e1c165b2009d", "node_type": null, "metadata": {"page_label": "79", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "206a6923f3becd4e46bbf0ede0152457cc32cafe4a48f787d22482e73dc8e0ae"}, "2": {"node_id": "38d980da-0f13-422d-957e-488214aa782c", "node_type": null, "metadata": {"page_label": "79", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "67c7ac6daa4be00ff7c4cc1d39da8599c46a6fd4f168b7856d910edcb2d74420"}}, "hash": "ab8178c3da8a3e3f99896f5cdce585528369e61dc01dc65aa02ef512d6a5feae", "text": "for the Company on Standalone \nbasis, stood at, the Rs. 342.91 Crs as at 31 March 2022 as against \nRs. 374.44 Crs as at 31 March 2021. This includes Rs. 290.41 Crs \ntrade payables as at 31 March 2022 and represented 70 days of \naverage payable as against 75 days as at t31 March 2021. \nCash flow from Operations:\nThe Company\u2019s Cash Flow (Consolidated & Standalone level) as at \n31 March 2022 stood as under:", "start_char_idx": 3186, "end_char_idx": 3593, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "81e19dab-e662-4ec9-a1bd-bce527de72f6": {"__data__": {"id_": "81e19dab-e662-4ec9-a1bd-bce527de72f6", "embedding": null, "metadata": {"page_label": "80", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "fdae92d3-4687-4981-879a-927252e81e79", "node_type": null, "metadata": {"page_label": "80", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "89ade08ababe177e3090c223193fb126e3bd5cf4610825a2658a99b081cf6bde"}, "3": {"node_id": "7535fca2-6f06-46fa-a1d4-0ca35cde5380", "node_type": null, "metadata": {"page_label": "80", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "45c8c35b66b93b5e9d55e40d5de6005da9e21bbc08b527d1dad536af2e2f710a"}}, "hash": "9fec4a47fb0cb396683cbf0c4b3aeaadc1624426ee1e09c9185becf23b3139ee", "text": "79\nAnnual Report 2021-22\n(Amount in Rs. Crs.)\nParticulars Consolidated Standalone\nFY\u201922 FY\u201921 FY\u201922 FY\u201921\nCash Flows from Operating Activities\nProfit before tax 81.44 78.02 86.32 85.48\nDepreciation and amortization expense 100.03 93.95 74.26 68.57\nOther adjustments 28.68 23.69 8.02 4.92\nOperating profit before working capital changes 210.15 195.65 168.60 158.97\nMovements in working capital: (141.98) (52.40) (129.83) (42.77)\nCash generated from operations 68.18 143.25 38.77 116.20\nT axes Paid 19.55 19.53 19.19 19.38\nNet cash inflow from operating activities ( A ) 48.62 123.72 19.58 96.82\nCash Flows from Investing Activities\nCapital Expenditure (297.03) (76.97) (143.48) (55.87)\nInvestments in joint ventures & subsidiaries (15.24) (26.35) (50.24) (26.44)\nProceeds from Sale of investments (3.73) 5.15 - 3.62\nOther Receipts 4.77 0.76 2.22 4.01\nNet cash used in investing activities ( B ) (311.23) (97.40) (191.49) (74.69)\nCash Flows from Financing Activities\nBorrowings/Repayment 295.37 19.00 194.66 4.03\nPayment of lease liabilities (16.09) (17.38) (8.72) (7.41)\nDividend Paid (6.08) (12.10) (6.02) (12.04)\nInterest paid (13.50) (15.76) (8.65) (8.83)\nNet cash flow generated from / (used in) financing activities (C) 259.70 (26.23) 171.27 (24.25)\nForeign currency translation gain 1.03 (0.82) - -\nNet increase/(decrease) in cash and cash equivalents   (A+B+C) (2.90) 0.09 (0.63) (2.13)\nOpening Cash Balance 5.97 6.70 0.87 3.00\nCash and equivalents at the end of the year 4.10 5.97 0.24 0.87\nContingent Liabilities:\nThe Company\u2019s Contingent Liabilities as at the 31 March 2022 stood as under (all Fig. in Rs. Lacs): \nParticulars 31 March 2022 31 March 2021\na. Claims against the Company not acknowledged as debts*\n- Service tax matters 310.55* 311.03*\n- Income tax matters 259.08** 160.59**\n- Custom act matters 6.94 -\n- Demand notice against Land (Chakan & Pathredi) 837.52 837.52\n- Other matters 46.50 61.55\nT otal (a) 1,460.59 1,370.69\nb. Guarantees given by the Company 16,728.15 9,620.00\nT otal (a+b) 18,188.74 10,990.69\n*Majorly (Rs.261 Lacs) relating to credit availed on Contract Labour services, catering service and freight. This is common to all the industry. \n**Majorly (of Rs.104.00 Lac) relating to disallowance of R& D expenses. DSIR allowed expenses from the date of application filed for R&D center. Whereas the we \nconsidered expenses for full year in which application filed on the basis of various case laws.\nOutlook:\nIndia Ratings an d Research (Ind-Ra) revised its outlook for the auto \nsector to \u2018neutral\u2019 from \u2018improving\u2019 for 2022-23, saying supply-side \nconstraints and a muted rural demand will restrict growth.\nDomestic automobile sales volume is expected to grow 5-9 per cent \nyear-on-year in 2022-23, after three consecutive years of decline.\nIn the", "start_char_idx": 0, "end_char_idx": 2784, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7535fca2-6f06-46fa-a1d4-0ca35cde5380": {"__data__": {"id_": "7535fca2-6f06-46fa-a1d4-0ca35cde5380", "embedding": null, "metadata": {"page_label": "80", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "fdae92d3-4687-4981-879a-927252e81e79", "node_type": null, "metadata": {"page_label": "80", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "89ade08ababe177e3090c223193fb126e3bd5cf4610825a2658a99b081cf6bde"}, "2": {"node_id": "81e19dab-e662-4ec9-a1bd-bce527de72f6", "node_type": null, "metadata": {"page_label": "80", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9fec4a47fb0cb396683cbf0c4b3aeaadc1624426ee1e09c9185becf23b3139ee"}}, "hash": "45c8c35b66b93b5e9d55e40d5de6005da9e21bbc08b527d1dad536af2e2f710a", "text": "in 2022-23, after three consecutive years of decline.\nIn the next fiscal year, passenger vehicle volume could grow 5-9 per \ncent driven by an intermittent improvement in consumer sentiments and continued preference for personal mobility, although supply chain issues could limit the growth.\nLooking to the future, it is likely that government incentives will \ncontinue to support low-emissions vehicles, which will in turn boost production of electric vehicles. In China, EV production and exports for both legacy OEMs and new players are on the rise and are likely to continue to increase, however, geopolitical tensions could lead to regionalised EV production in the years ahead. Elsewhere, \nsustainability is also playing an important role in the future of self-\ndriving cars, with the global autonomous market expected to be worth $60 billion in 2030.\nAs we enter 2022, market predictions remain cautiously optimistic, \nwith light vehicle sales set to grow, albeit modestly. And with the semiconductor supply chain showing signs of stabilisation in the second half of next year, the signals at this stage suggest there could \nbe better time s ahead.", "start_char_idx": 2724, "end_char_idx": 3878, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "43c38bbc-eb0c-4e66-9319-9fda39d64772": {"__data__": {"id_": "43c38bbc-eb0c-4e66-9319-9fda39d64772", "embedding": null, "metadata": {"page_label": "81", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "40441d6a-816f-4e5a-b310-ec889758ed71", "node_type": null, "metadata": {"page_label": "81", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "17542da1fe6a8994fc13682347108ad3d4d9dbdcee2f28f714b51be978ac1c20"}, "3": {"node_id": "c5482bbc-fba5-4c7d-84ac-f70bf5594246", "node_type": null, "metadata": {"page_label": "81", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6cd5712ef68ab084fe2ec951a1b4b625f68d1f2c3c4937049a877f1a292f1d25"}}, "hash": "7038e3c1dc9fbad7732531d084fe7ea5fd65507929be8ba0390113ba4588bd2c", "text": "Sandhar Technologies Limited80\nINDEPENDENT AUDITOR\u2019S REPORT\nT o the Members of Sandhar T echnologies Limited\nReport on the Audit of the Standalone Financial Statements \nBasis for Opinion\nOpinion \nWe have audited the standalone financial statements of Sandhar \nT echnologies Limited (\u201cthe Company\u201d), which comprise the stand -\nalone balance sheet as at 31 March 2022, and the standalone \nstatement of profit and loss (including other comprehensive in -\ncome), standalone statement of changes in equity and standalone \nstatement of cash flows for the year then ended, and notes to the \nstandalone financial statements, including a summary of significant \naccounting policies and other explanatory information (hereinafter \nreferred to as \u201cstandalone financial statements\u201d).\nIn our opinion and to the best of our information and according \nto the explanations given to us, the aforesaid standalone financial \nstatements give the information required by the Companies Act, \n2013 (\u201cAct\u201d) in the manner so required and give a true and fair view \nin conformity with the accounting principles generally accepted in \nIndia, of the state of affairs of the Company as at 31 March 2022, \nand its profit and other comprehensive income, changes in equity \nand its cash flows for the year ended on that date.We conducted our audit in accordance with the Standards on Au -\nditing (SAs) specified under Section 143(10) of the Act. Our respon -\nsibilities under those SAs are further described in the Auditor\u2019s Re -\nsponsibilities for the Audit of the Standalone Financial Statements \nsection of our report. We are independent of the Company in accor -\ndance with the Code of Ethics issued by the Institute of Chartered \nAccountants of India together with the ethical requirements that \nare relevant to our audit of the standalone financial statements un -\nder the provisions of the Act and the Rules thereunder, and we have \nfulfilled our other ethical responsibilities in accordance with these \nrequirements and the Code of Ethics. We believe that the audit evi -\ndence obtained by us is sufficient and appropriate to provide a basis \nfor our opinion on the standalone financial statements.\nKey Audit Matter\nKey audit matters are those matters that, in our professional judg -\nment, were of most significance in our audit of the standalone finan -\ncial statements of the current period. These matters were addressed \nin the context of our audit of the standalone financial statements as \na whole, and in forming our opinion thereon, and we do not provide \na separate opinion on these matters.\nDescription of Key Audit Matter\na) Revenue recognition\nSee note 17 to the Standalone Financial Statements\nThe key audit matter How the matter was addressed in our audit\nAs disclosed in Note 17 to the Standalone Financial Statements, the \nCompany\u2019s revenue from operations for the year ended 31 March \n2022 was INR 194,101.58 Lacs (Previous year INR 158,530.80 \nLacs).\nThe Company\u2019s revenue is derived primarily from sale of products \nwhich comprises automotive components.\nStandards on Auditing presume that there is fraud risk with \nregard to revenue recognition. Also, revenue is one of the key \nperformance indicators of the Company which makes it susceptible \nto misstatement.\nIn view of the above, we have identified revenue recognition as a \nkey audit matter.Our audit procedures included:\n\u2022 Assessed the appropriateness of the accounting policy for \nrevenue recognition as per the relevant accounting standard.\n\u2022 Evaluated the design and implementation of key controls \nin relation to revenue recognition and tested the operating \neffectiveness of such controls for a sample of transactions.\n\u2022 Involved our IT specialists to assist us in testing of key IT system \ncontrols which impact relating to revenue recognition.\n\u2022 Performed detailed testing by selecting samples of revenue \ntransactions recorded during and after the year. For such \nsample, verified the underlying documents, including customer \nacceptance, to", "start_char_idx": 0, "end_char_idx": 4001, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c5482bbc-fba5-4c7d-84ac-f70bf5594246": {"__data__": {"id_": "c5482bbc-fba5-4c7d-84ac-f70bf5594246", "embedding": null, "metadata": {"page_label": "81", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "40441d6a-816f-4e5a-b310-ec889758ed71", "node_type": null, "metadata": {"page_label": "81", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "17542da1fe6a8994fc13682347108ad3d4d9dbdcee2f28f714b51be978ac1c20"}, "2": {"node_id": "43c38bbc-eb0c-4e66-9319-9fda39d64772", "node_type": null, "metadata": {"page_label": "81", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7038e3c1dc9fbad7732531d084fe7ea5fd65507929be8ba0390113ba4588bd2c"}}, "hash": "6cd5712ef68ab084fe2ec951a1b4b625f68d1f2c3c4937049a877f1a292f1d25", "text": "For such \nsample, verified the underlying documents, including customer \nacceptance, to assess whether these are recognized in the \nappropriate period in which control is transferred.\n\u2022 T ested sample journal entries for revenue recognized during the \nyear, selected based on specified risk-based criteria, to identify \nunusual transactions.\n\u2022 Assessed the adequacy of the disclosures made in accordance \nwith the relevant accounting standard.", "start_char_idx": 3914, "end_char_idx": 4357, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "dc8324c6-9e2d-4765-9a5f-8f88d7d2af37": {"__data__": {"id_": "dc8324c6-9e2d-4765-9a5f-8f88d7d2af37", "embedding": null, "metadata": {"page_label": "82", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0d505c0e-77d2-4e91-a19e-5665506c06cf", "node_type": null, "metadata": {"page_label": "82", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cbfc8255719deb0541f705ab25ffa9e5d47c19bf26d2b44ef064fb34535b8aae"}, "3": {"node_id": "cd2a53d3-f04b-45da-884a-7ef383763df6", "node_type": null, "metadata": {"page_label": "82", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "d48f330afcec21c898d6b5a06adfb3c7a89ebe6e105c0faa1e9f608f9bae2eb3"}}, "hash": "14bdfaae3f51e803485c5fc52381b6ff7160fa425f74b506611ad0f5a76f27b0", "text": "81\nAnnual Report 2021-22\nOther Information\nThe Company\u2019s Management and Board of Directors are responsi -\nble for the other information. The other information comprises the \ninformation included in the Company\u2019s annual report, but does not \ninclude the standalone financial statements and our auditor\u2019s report \nthereon.\nOur opinion on the standalone financial statements does not cover \nthe other information and we do not express any form of assurance \nconclusion thereon.\nIn connection with our audit of the standalone financial statements, \nour responsibility is to read the other information and, in doing so, \nconsider whether the other information is materially inconsistent \nwith the standalone financial statements or our knowledge ob -\ntained in the audit or otherwise appears to be materially misstated. \nIf, based on the work we have performed, we conclude that there is a \nmaterial misstatement of this other information, we are required to \nreport that fact. We have nothing to report in this regard.\nManagement\u2019s and Board of Directors\u2019 Responsibilities for the \nStandalone Financial Statements\nThe Company\u2019s Management and Board of Directors are respon -\nsible for the matters stated in Section 134(5) of the Act with re -\nspect to the preparation of these standalone financial statements \nthat give a true and fair view of the state of affairs, profit/loss and \nother comprehensive income, changes in equity and cash flows of \nthe Company in accordance with the accounting principles gener -\nally accepted in India, including the Indian Accounting Standards \n(Ind AS) specified under Section 133 of the Act. This responsibility \nalso includes maintenance of adequate accounting records in accor -\ndance with the provisions of the Act for safeguarding of the assets \nof the Company and for  preventing and detecting frauds and other \nirregularities;  selection  and application of appropriate accounting \npolicies; making judgments and estimates  that  are  reasonable and \nprudent; and design, implementation and maintenance of  adequate  \ninternal  financial  controls that  were operating effectively for en -\nsuring accuracy and completeness of the accounting records, rele -\nvant to the preparation and presentation of the standalone financial \nstatements that give a true and fair view and are free from material \nmisstatement, whether due to fraud or error.\nIn preparing the standalone financial statements, the Management \nand Board of Directors are responsible for assessing the Company\u2019s \nability to continue as a going concern, disclosing, as applicable, mat -\nters related to going concern and using the going concern basis of \naccounting unless the Board of Directors either intends to liquidate \nthe Company or to cease operations, or has no realistic alternative \nbut to do so.\nThe Board of Directors is also responsible for overseeing the Com -\npany\u2019s financial reporting process.\nAuditor\u2019s Responsibilities for the Audit of the Standalone Fi -\nnancial Statements\nOur objectives are to obtain reasonable assurance about whether \nthe standalone financial statements as a whole are free from ma -\nterial misstatement, whether due to fraud or error, and to issue an \nauditor\u2019s report that includes our opinion. Reasonable assurance is a \nhigh level of assurance, but is not a guarantee that an audit conduct -\ned in accordance with SAs will always detect a material misstate -\nment when it exists. Misstatements can arise from fraud or error \nand are considered material if, individually or in the aggregate, they \ncould reasonably be expected to influence the economic decisions of users taken on the basis of these standalone financial statements.\nAs part of an audit in accordance with SAs, we exercise professional \njudgment and maintain professional skepticism throughout the au -\ndit. We also:\n\u2022 Identify and assess the risks of material misstatement of the \nstandalone financial statements, whether due to fraud or error, \ndesign and perform audit procedures responsive to those risks, \nand obtain audit evidence that is sufficient and appropriate to \nprovide a basis for our opinion.", "start_char_idx": 0, "end_char_idx": 4119, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "cd2a53d3-f04b-45da-884a-7ef383763df6": {"__data__": {"id_": "cd2a53d3-f04b-45da-884a-7ef383763df6", "embedding": null, "metadata": {"page_label": "82", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0d505c0e-77d2-4e91-a19e-5665506c06cf", "node_type": null, "metadata": {"page_label": "82", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cbfc8255719deb0541f705ab25ffa9e5d47c19bf26d2b44ef064fb34535b8aae"}, "2": {"node_id": "dc8324c6-9e2d-4765-9a5f-8f88d7d2af37", "node_type": null, "metadata": {"page_label": "82", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "14bdfaae3f51e803485c5fc52381b6ff7160fa425f74b506611ad0f5a76f27b0"}}, "hash": "d48f330afcec21c898d6b5a06adfb3c7a89ebe6e105c0faa1e9f608f9bae2eb3", "text": "audit evidence that is sufficient and appropriate to \nprovide a basis for our opinion. The risk of not detecting a ma -\nterial misstatement resulting from fraud is higher than for one \nresulting from error, as fraud may involve collusion, forgery, \nintentional omissions, misrepresentations, or the override of \ninternal control.\n\u2022 Obtain an understanding of internal control relevant to the au -\ndit in order to design audit procedures that are appropriate in \nthe circumstances. Under Section 143(3)(i) of the Act, we are \nalso responsible for expressing our opinion on whether the \nCompany has adequate internal financial controls with refer -\nence to standalone financial statements in place and the oper -\nating effectiveness of such controls.\n\u2022 Evaluate the appropriateness of accounting policies used and \nthe reasonableness of accounting estimates and related disclo -\nsures made by the Management and Board of Directors.\n\u2022 Conclude on the appropriateness of the Management and \nBoard of Directors use of the going concern basis of account -\ning in preparation of standalone financial statements and, \nbased on the audit evidence obtained, whether a material un -\ncertainty exists related to events or conditions that may cast \nsignificant doubt on the Company\u2019s ability to continue as a go -\ning concern. If we conclude that a material uncertainty exists, \nwe are required to draw attention in our auditor\u2019s report to the \nrelated disclosures in the standalone financial statements or, \nif such disclosures are inadequate, to modify our opinion. Our \nconclusions are based on the audit evidence obtained up to the \ndate of our auditor\u2019s report. However, future events or condi -\ntions may cause the Company to cease to continue as a going \nconcern.\n\u2022 Evaluate the overall presentation, structure and content of the \nstandalone financial statements, including the disclosures, and \nwhether the standalone financial statements represent the un -\nderlying transactions and events in a manner that achieves fair \npresentation.\nWe communicate with those charged with governance regarding, \namong other matters, the planned scope and timing of the audit and \nsignificant audit findings, including any significant deficiencies in in -\nternal control that we identify during our audit.\nWe also provide those charged with governance with a statement \nthat we have complied with relevant ethical requirements regarding \nindependence, and to communicate with them all relationships and \nother matters that may reasonably be thought to bear on our inde -\npendence, and where applicable, related safeguards.\nFrom the matters communicated with those charged with gover -\nnance, we determine those matters that were of most significance in the \naudit of the standalone financial statements of the current period and are \ntherefore the key audit matters. We describe these matters in our audi -\ntor\u2019s report unless law or regulation precludes public disclosure about \nthe matter or when, in extremely rare circumstances, we determine that \na matter should not be communicated in our report because the adverse", "start_char_idx": 4033, "end_char_idx": 7135, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ab1b36bd-7a48-44c2-a5e3-ca19c6e05d7d": {"__data__": {"id_": "ab1b36bd-7a48-44c2-a5e3-ca19c6e05d7d", "embedding": null, "metadata": {"page_label": "83", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0900a391-6889-4f22-8370-b9c6a76b31ac", "node_type": null, "metadata": {"page_label": "83", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e3408c22820ae291a162c1266e559a2be086319592c80b259b8657ba85011dd2"}, "3": {"node_id": "9b68ee92-f2c5-4962-b7c3-a37650a2d3d1", "node_type": null, "metadata": {"page_label": "83", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7cca8b5c2979bd9c08a036857b357a5f00a5936db13441ffa8c4a71fefe9cb5d"}}, "hash": "93c77d25a00b71cd3cc44f001ff5665aa24804eb80dee5f545cd707ddbe2c672", "text": "Sandhar Technologies Limited82\nconsequences of doing so would reasonably be expected to outweigh the \npublic interest benefits of such communication.\nReport on Other Legal and Regulatory Requirements\n1. As required by the Companies (Auditor\u2019s Report) Order, 2020 \n(\u201cthe Order\u201d) issued by the Central Government of India in \nterms of Section 143 (11) of the Act, we give in the \u201cAnnexure \nA\u201d a statement on the matters specified in paragraphs 3 and 4 \nof the Order, to the extent applicable.\n2. (A) As required b y Section 143(3) of the Act, we report that:\na) W e have sought and obtained all the information and ex -\nplanations which to the best of our knowledge and belief \nwere necessary for the purposes of our audit.\nb) In our opinion, proper books of account as required by law \nhave been kept by the Company so far as it appears from \nour examination of those books.\nc) The standalone balance sheet, the standalone statement \nof profit and loss (including other comprehensive income), the standalone statement of changes in equity and the \nstandalone statement of cash flows dealt with by this Re -\nport are in agreement with the books of account.\nd) In our opinion, the aforesaid standalone financial state -\nments comply with the Ind AS specified under section 133 of the Act.\ne) On the basis of the written representations received from \nthe directors as on 31 March 2022 taken on record by the \nBoard of Directors, none of the directors is disqualified as \non 31 March 2022 from being appointed as a director in \nterms of Section 164(2) of the Act.\nf) Wit h respect to the adequacy of the internal financial con -\ntrols with reference to financial statements of the Compa -\nny and the operating effectiveness of such controls, refer to our separate Report in \u201cAnnexure B\u201d .\n(B) Wit h respect to the other matters to be included in the Audi -\ntor\u2019s Report in accordance with Rule 11 of the Companies (Au -\ndit and Auditor\u2019s) Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us:\ni. The Company has disclosed the impact of pending litiga -\ntions as at 31 March 2022 on its financial position in its \nstandalone financial statements - Refer Note 31 to the \nstandalone financial statements.\nii. The Company did not have any long-term contracts in -\ncluding derivative contracts for which there were any ma -\nterial foreseeable losses.\niii. There were no amounts which were required to be trans -\nferred to the Investor Education and Protection Fund by \nthe Company.\niv. (a)The management has represented that, to the best of \nits knowledge and belief, no funds have been advanced or \nloaned or invested (either from borrowed funds or share premium or any other sources or kind of funds) by the \nCompany to or in any other persons or entities, including \nforeign entities (\u201cIntermediaries\u201d), with the understand -\ning, whether recorded in writing or otherwise, that the Intermediary shall:\n\u2022 directly or indirectly lend or invest in other persons \nor entities identified in any manner whatsoever (\u201cUl -\ntimate Beneficiaries\u201d) by or on behalf of the Company \nor\n\u2022 pro vide any guarantee, security or the like to or on \nbehalf of the Ultimate Beneficiaries.\n(b) The management has represented, that, to the best of \nits knowledge and belief, no funds have been received by \nthe Company from any persons or entities, including for -\neign entities (\u201cFunding Parties\u201d), with the understanding, whether recorded in writing or otherwise, that the Com -\npany shall:\n\u2022 directly or indirectly, lend or invest in other persons \nor entities identified in any manner whatsoever (\u201cUl -\ntimate Beneficiaries\u201d) by or on behalf of the Funding \nParty or\n\u2022 pro vide any guarantee, security or the like from or on \nbehalf of the Ultimate", "start_char_idx": 0, "end_char_idx": 3779, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9b68ee92-f2c5-4962-b7c3-a37650a2d3d1": {"__data__": {"id_": "9b68ee92-f2c5-4962-b7c3-a37650a2d3d1", "embedding": null, "metadata": {"page_label": "83", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0900a391-6889-4f22-8370-b9c6a76b31ac", "node_type": null, "metadata": {"page_label": "83", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e3408c22820ae291a162c1266e559a2be086319592c80b259b8657ba85011dd2"}, "2": {"node_id": "ab1b36bd-7a48-44c2-a5e3-ca19c6e05d7d", "node_type": null, "metadata": {"page_label": "83", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "93c77d25a00b71cd3cc44f001ff5665aa24804eb80dee5f545cd707ddbe2c672"}}, "hash": "7cca8b5c2979bd9c08a036857b357a5f00a5936db13441ffa8c4a71fefe9cb5d", "text": "vide any guarantee, security or the like from or on \nbehalf of the Ultimate Beneficiaries.\n(c) Based on such audit procedures as considered reasonable \nand appropriate in the circumstances, nothing has come \nto our notice that has caused us to believe that the repre -\nsentations under sub-clause (iv) (a) and (iv) (b) contain any material misstatement.\nv. The dividend declared or paid by the Company during \nthe year is in compliance with Section 123 of the Act.\n(C) Wit h respect to the matter to be included in the Auditor\u2019s Re -\nport under Section 197(16) of the Act:\nIn our opinion and according to the information and explana -\ntions given to us, the remuneration paid by the Company to \nits directors during the current year is in accordance with the \nprovisions of Section 197 of the Act. The remuneration paid to \nany director is not in excess of the limit laid down under Section \n197 of the Act. The Ministry of Corporate Affairs has not pre -\nscribed other details under Section 197(16) of the Act which are required to be commented upon by us.\nFor B S R & Co. LLP\nChartered Accountants\nICAI Firm registration number: 101248W / W-100022\nShashank Agarwal\nPartner\nPlace: Gurugram  Membership No.: 095109 \nDate: 18 May 2022  ICA I UDIN: 22095109AJECRW6352", "start_char_idx": 3704, "end_char_idx": 4969, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d37f88ac-2640-4494-b231-592702aeee4c": {"__data__": {"id_": "d37f88ac-2640-4494-b231-592702aeee4c", "embedding": null, "metadata": {"page_label": "84", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ed27ac4d-8624-482a-91ad-d7a72d372d2b", "node_type": null, "metadata": {"page_label": "84", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3d1079216909263812faf0805118de6b1f80ef5db5ea4b01679dd18f7e7f0392"}, "3": {"node_id": "9f5b241e-f8d0-4dc5-8204-9d82376be319", "node_type": null, "metadata": {"page_label": "84", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "26e8f30495452e1e4ce54984e8c2c0156357785ed81397587ead1c2ac21fe50e"}}, "hash": "4921d0ec7f9944749cd7a712b55748e4b6d66c0582d7ebe3d41a84c7d6d59520", "text": "83\nAnnual Report 2021-22\nAnnexure - A to the Independent Auditor\u2019s Report \non the standalone financial statements of Sandhar T echnologies Limited for the year ended 31 March 2022\n(Referred to in paragraph 1 under the heading \u2018Report on Other \nLegal and Regulatory Requirements\u2019 section of our report of even \ndate) \n(i) (a) (A) The Company has maintained proper records showin\nfull particulars, including quantitative details and situ  \ntion of P roperty, plant and equipment.\n(B)  The Company has maintained proper records showing\nfull p articulars of Intangible assets.\n(b) According to the information and explanations given to \nus and on the basis of our examination of the records of \nthe Company, the Company has a regular programme of \nphysical verification of its Property, plant and equipment \nby which all Property, plant and equipment are verified \nin a phased manner over a period of two years. In accor -dance with this programme, certain Property, plant and \nequipment were verified during the year. In our opinion, \nthis periodicity of physical verification is reasonable hav -\ning regard to the size of the Company and the nature of its assets. No discrepancies were noticed on such verifica -\ntion.\n(c) According to the information and explanations given to us \nand on the basis of our examination of the records of the \nCompany, the title deeds of immovable properties (other \nthan immovable properties where the Company is the les -\nsee and the leases agreements are duly executed in favour of the lessee) disclosed in the standalone financial state -\nments are held in the name of the Company, except for the following which are not held in the name of the Company:\nDescription \nof p ropertyGross \ncarrying \nvalueHeld in the name ofWhether promoter, director or their relative or employeePeriod held Reason for not being held in the name of the Company\nFree Hold \nLand30.98 Adeep Roloforms \nLimitedNo 28.12.2005 The title deed is in the name of company i.e., Adeep \nRoloforms Limited and Adeep Locks Limited. The \nvaluation of the stamp duty was done by the Government agency. The Company is in the process of getting the name changed which is pending as on balance sheet date.Free Hold Land4.04 Adeep Locks LimitedNo 28.12.2005\nFree Hold Land21.31 Adeep Roloforms LimitedNo 28.12.2005\nFree Hold Land317.77 Adeep Roloforms LimitedNo 28.12.2005 The Company has filed an application in the Haryana State Industrial and Infrastructure Development Corporation for change the name which is pending as on \nbalance sheet date.\nFree Hold \nLand192.69 Sandhar Auto Components LimitedYes 28.12.2005 The Company has filed an application in the Haryana State Industrial and Infrastructure Development Corporation for change the name which is pending as on \nbalance sheet date.\nBuilding\n747.36\n747.36Adeep Roloforms \nLimitedNo 28.12.2005 The title deed is in the name of company i.e., Adeep \nRoloforms Limited and Adeep Locks Limited. The \nvaluation of the stamp duty was done by the Government \nagency. The Company is in the process of getting the name changed which is pending as on balance sheet date.Building Adeep Locks LimitedNo 28.12.2005\nBuilding 53.17 Adeep Roloforms LimitedNo 28.12.2005 The title deed is in the name of company i.e., Adeep Roloforms Limited. The valuation of the stamp duty was done by the Government agency. The Company is in the \nprocess of getting the name changed which is pending as \non balance sheet date.\nBuilding 411.08 Adeep Roloforms \nLimitedNo 28.12.2005 The Company has filed an application in the Haryana \nState Industrial and Infrastructure Development \nCorporation for change the name which is pending as on \nbalance sheet date.\nBuilding 132.55 Sandhar Auto \nComponents \nLimitedYes 28.12.2005 The Company has filed an application in the Haryana \nState Industrial and Infrastructure Development \nCorporation for change the name which is pending as on balance", "start_char_idx": 0, "end_char_idx": 3907, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9f5b241e-f8d0-4dc5-8204-9d82376be319": {"__data__": {"id_": "9f5b241e-f8d0-4dc5-8204-9d82376be319", "embedding": null, "metadata": {"page_label": "84", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ed27ac4d-8624-482a-91ad-d7a72d372d2b", "node_type": null, "metadata": {"page_label": "84", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3d1079216909263812faf0805118de6b1f80ef5db5ea4b01679dd18f7e7f0392"}, "2": {"node_id": "d37f88ac-2640-4494-b231-592702aeee4c", "node_type": null, "metadata": {"page_label": "84", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4921d0ec7f9944749cd7a712b55748e4b6d66c0582d7ebe3d41a84c7d6d59520"}}, "hash": "26e8f30495452e1e4ce54984e8c2c0156357785ed81397587ead1c2ac21fe50e", "text": "and Infrastructure Development \nCorporation for change the name which is pending as on balance sheet date.", "start_char_idx": 3813, "end_char_idx": 3919, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "34a8d4dc-2395-4b8e-af52-d07005f3d475": {"__data__": {"id_": "34a8d4dc-2395-4b8e-af52-d07005f3d475", "embedding": null, "metadata": {"page_label": "85", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d8a6490d-2d75-4e0e-af4c-6558859125ac", "node_type": null, "metadata": {"page_label": "85", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4af45905aa5489780c9f4f4440d2cd5c5009e9b3a471be3eb3da4ee87a7c749a"}, "3": {"node_id": "7d2cb294-1aa8-4639-837a-eb221b92adc2", "node_type": null, "metadata": {"page_label": "85", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a6d9ff6831d725e1629638988626868add0272b66d6dce0b5849b2cbeba26775"}}, "hash": "9e7941610ef6636611a266f13eaf696a18a914fb42adc434697c0b5784583bfe", "text": "Sandhar Technologies Limited84\n(d) According to the information and explanations given to us \nand on the basis of our examination of the records of the\nCompany, the Company has not revalued its Property, Plant \nand Equipment (including Right of Use assets) or intangible \nassets or both during the year. \n(e) According to information and explanations given to us \nand on the basis of our examination of the records of the Company, there are no proceedings initiated or pending \nagainst the Company for holding any benami property un -\nder the Prohibition of Benami Property Transactions Act, 1988 and rules made thereunder.\n(ii) (a)  The inventory, except goods-in-transit and stocks lying with \nthird parties, has been physically verified by the management \nduring the year. For stocks lying with third parties at the year-\nend, written confirmations have been obtained and for goods-\nin-transit subsequent evidence of receipts has been linked \nwith inventory records. In our opinion, the frequency of such \nverification is reasonable and procedures and coverage as fol -\nlowed by management were appropriate. No discrepancies were noticed on verification between the physical stocks and the book records that were more than 10% in the aggregate \nof each class of inventory.\n(b ) According to the information and explanations given to us and \non the basis of our examination of the records of the Compa -\nny, the Company has been sanctioned working capital limits in excess of five crore rupees, in aggregate, from banks or fi -\nnancial institutions on the basis of security of current assets. In our opinion, the quarterly returns or statements filed by \nthe Company with such banks or financial institutions are in \nagreement with the books of account of the Company.\n(iii) According to the information and explanations given to us and \non the basis of our examination of the records of the Compa -\nny, the Company has made investments, provided guarantee, granted unsecured loans to companies and other parties in re -\nspect of which the requisite information is as below. The Com -\npany has not provided any guarantee or security, granted any \nloans or advances in the nature of loans, secured or unsecured, \nto firm or limited liability partnership during the year.\n(a) Based on the audit procedures carried on by us and as per the information and explanations given to us, the Company has provided \nloans or guarantee to companies and other parties as below:\nAmount (Rs.in Lacs)\nParticulars Guarantees Loans\nAggregate amount during the year\n(a) Subsidiaries as per Companies Act, 2013 5,429 4,200\n(b) Others - 33\nBalance outstanding as at balance sheet date (a) Subsidiaries as per Companies Act, 2013 5,429 -\n(b) Others - 21\n(b) According to the information and explanations given to us \nand based on the audit procedures conducted by us, in our \nopinion the investments made and guarantees provided \nduring the year and the terms and conditions of the grant \nof loans and advances in the nature of loans and guaran -\ntees provided during the year are, prima facie, not preju -\ndicial to the interest of the Company.\n(c) According to the information and explanations given to \nus and on the basis of our examination of the records of the Company, in the case of loans given, in our opinion the \nrepayment of principal and payment of interest has been \nstipulated and which is repayable on demand. Loan has \nbeen repaid during the year. There has been no default on \nthe part of the party to whom the money has been lent. \nFurther, the Company has not given any advance in the \nnature of loan to any party during the year.\n(d) According to the information and explanations given to \nus and on the basis of our examination of the records of the Company, there is no overdue amount for more than \nninety days in respect of loans given. Further, the Compa -\nny has not given any advances in the nature of loans to any party during the", "start_char_idx": 0, "end_char_idx": 3938, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7d2cb294-1aa8-4639-837a-eb221b92adc2": {"__data__": {"id_": "7d2cb294-1aa8-4639-837a-eb221b92adc2", "embedding": null, "metadata": {"page_label": "85", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d8a6490d-2d75-4e0e-af4c-6558859125ac", "node_type": null, "metadata": {"page_label": "85", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4af45905aa5489780c9f4f4440d2cd5c5009e9b3a471be3eb3da4ee87a7c749a"}, "2": {"node_id": "34a8d4dc-2395-4b8e-af52-d07005f3d475", "node_type": null, "metadata": {"page_label": "85", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9e7941610ef6636611a266f13eaf696a18a914fb42adc434697c0b5784583bfe"}}, "hash": "a6d9ff6831d725e1629638988626868add0272b66d6dce0b5849b2cbeba26775", "text": "-\nny has not given any advances in the nature of loans to any party during the year.\n(e) According to the information and explanations given to \nus and on the basis of our examination of the records of \nthe Company, there is no loan or advance in the nature of \nloan granted falling due during the year, which has been \nrenewed or extended or fresh loans granted to settle the \noverdues of existing loans given to same parties.\n(f) According to the information and explanations given to us \nand on the basis of our examination of the records of the \nCompany, in our opinion the Company has not granted \nany loans or advances in the nature of loans either repay -\nable on demand or without specifying any terms or period of repayment except for the following loans to its related \nparties as defined in Clause (76) of Section 2 of the Com -\npanies Act, 2013 (\u201cthe Act\u201d):\nParticulars Amount (Rs. in \nLacs)\nAggregate of loans/advance in nature of loan\n4,200\n-- Repayable on demand (A)*\n- Agreement does not specify any terms or period of repayment (B)\nT otal 4,200\nT otal loans granted during the year 4,233\nPercentage of loans in nature of loan to the total loans granted 99.22%\n*The above loan has been repaid during the year by the related parties.", "start_char_idx": 3860, "end_char_idx": 5108, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0bac1242-e90c-4674-bc9e-75a0d2a6777a": {"__data__": {"id_": "0bac1242-e90c-4674-bc9e-75a0d2a6777a", "embedding": null, "metadata": {"page_label": "86", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b45723a4-e962-4ffb-8e83-2ea2edb847a9", "node_type": null, "metadata": {"page_label": "86", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8c4127003263667cd58ab0d443ee0364169144fcaecf48bcb6c2c009978e31af"}, "3": {"node_id": "92d85e07-111e-4cf4-9841-d5111c0c6cb3", "node_type": null, "metadata": {"page_label": "86", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7f789bf71d145244e2298d9cc07df76a92d7f6ef8f84a5890a215c6a1938a43b"}}, "hash": "cabb99b10bba4689dad0499bbdfaff2495c10bf787b27fd2113574e90aadd467", "text": "85\nAnnual Report 2021-22\n(iv) According to the information and explanations given to us and \non the basis of our examination of records of the Company, in \nrespect of investments made and loans, guarantees and securi -\nty given by the Company, in our opinion the provisions of Sec -\ntion 185 and 186 of the Companies Act, 2013 (\u201cthe Act\u201d) have \nbeen complied with.\n(v) The Company has not accepted any deposits or amounts which \nare deemed to be deposits from the public. Accordingly, clause \n3(v) of the Order is not applicable.\n(vi) W e have broadly reviewed the books of accounts maintained \nby the Company pursuant to the rules prescribed by the Cen -\ntral Government for maintenance of cost records under Sec -\ntion 148(1) of the Act in respect of its manufactured goods and services provided by it and are of the opinion that prima \nfacie, the prescribed accounts and records have been made \nand maintained. However, we have not carried out a detailed \nexamination of the records with a view to determine whether \nthese are accurate or complete.\n(vii)  (a) According to the information and explanations given to us \nand on the basis of our examination of the records of the Com -\npany, in our opinion amounts deducted / accrued in the books \nof account in respect of undisputed statutory dues including Goods and Services T ax (\u2018GST\u2019), Provident fund, Employees\u2019 \nState Insurance, Income-T ax, Duty of Customs, Cess and other \nstatutory dues have been regularly deposited by the Company \nwith the appropriate authorities.\nAccording to the information and explanations given to us and \non the basis of our examination of the records of the Company, no undisputed amounts payable in respect of Goods and Ser -\nvices T ax (\u2018GST\u2019), Provident fund, Employees\u2019 State Insurance, Income-T ax, Duty of Customs, Cess and other statutory dues \nwere in arrears as at 31 March 2022 for a period of more than \nsix months from the date they became payable.\nThe Company does not have liability in respect of Service tax, \nDuty of excise, Sales tax and Value added tax during the year since effective 1 July 2017, these statutory dues has been sub -\nsumed into GST.\n(b) According to the information and explanations given to us and \non the basis of our examination of the records of the Company, statutory dues relating to Goods and Service T ax, Provident \nFund, Employees State Insurance, Income-T ax, Duty of Cus -\ntoms or Cess or other statutory dues which have not been deposited on account of any dispute are as follows: -\nName of the \nStatuteNature of dues Financial year to which amount relatesForum where dispute is pendingAmount \n(Rs.in \nLacs)Amount \npaid \nunder \nprotest \n(Rs. in \nLacs)\nIncome T ax Act, \n1961Expenses disallowed u/s 35 (2AB)AY 2013-14 to AY 2016-17 Income T ax Appellate Tribunal (ITAT)81.96 -\nIncome T ax Act, 1961Penalty proceeds AY 2013-2014 to 2016-17 & 2018-2019Commissioner of Income tax (A) \u2013 LTU93.12 -\nIncome T ax Act, 1961Mat credit disallowed AY 2016-17 Income T ax Appellate Tribunal (ITAT)63.14 -\nIncome T ax Act, 1961Depreciation on Intangible asset, disallowance u/s 14A, \ndisallowance on membership \nfee, sponsorship fee and bad debtAY 2017- 18 Commissioner of Income tax (A) \u2013 LTU19.40 -\nIncome T ax Act, 1961P .F & ESI expenses disallowed AY 2018-19 Assessing Officer 1.46 -\nHaryana Sales T ax \nActLocal area development tax leviedFY 2000-01 Joint Commissioner (A), Sales Ta x1.27 -\nFinance", "start_char_idx": 0, "end_char_idx": 3425, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "92d85e07-111e-4cf4-9841-d5111c0c6cb3": {"__data__": {"id_": "92d85e07-111e-4cf4-9841-d5111c0c6cb3", "embedding": null, "metadata": {"page_label": "86", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b45723a4-e962-4ffb-8e83-2ea2edb847a9", "node_type": null, "metadata": {"page_label": "86", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8c4127003263667cd58ab0d443ee0364169144fcaecf48bcb6c2c009978e31af"}, "2": {"node_id": "0bac1242-e90c-4674-bc9e-75a0d2a6777a", "node_type": null, "metadata": {"page_label": "86", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cabb99b10bba4689dad0499bbdfaff2495c10bf787b27fd2113574e90aadd467"}}, "hash": "7f789bf71d145244e2298d9cc07df76a92d7f6ef8f84a5890a215c6a1938a43b", "text": "2000-01 Joint Commissioner (A), Sales Ta x1.27 -\nFinance Act, 1994 \nService taxService tax on freight FY 2005-06 Assistant Commissioner, Central Excise1.18 -\nFinance Act, 1994 Service taxService tax on freight FY 2016-17 July-2016 to March 2017Commissioner (Appeal)  Central Goods and Services T ax Gurugram6.92 -\nFinance Act, 1994  \nService taxService tax on freight April-17 to June-18 Supdt. Central Goods and Services T ax, Gurugram3.62 -\nFinance Act, 1994 Service taxService tax on Manpower for sub workFY 2005-06 to 2010-11 Joint Commissioner, CE, LTU, Delhi100.78 -----\nFinance Act, 1994  \nService taxService tax on Manpower for \nJob work March- 2011 to February-2015Additional Commissioner, Central Excise160.29 -\nFinance Act, 1994 \nService taxService tax on & Commercial industrial constructionFY 2006-07 Assistant Commissioner, Central Excise2.11 -\nFinance Act, 1994 Service taxService tax on various outward freight, & T elephone ServiceFY 2016-17-  July-16 T o March- 17Assistant Commissioner, \nCentral Excise1.30 -\nFinance Act, 1994 Service taxService tax on taking credit on levy of service tax on Outdoor catering servicesFY 2009-10 Dy. Commissioner, Central Excise LTU Delhi0.49 -", "start_char_idx": 3369, "end_char_idx": 4565, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "be8085d8-63a5-4a7f-9e8c-6a1fe735c4c6": {"__data__": {"id_": "be8085d8-63a5-4a7f-9e8c-6a1fe735c4c6", "embedding": null, "metadata": {"page_label": "87", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "72bf768b-0b6a-4a67-8851-993452b8724c", "node_type": null, "metadata": {"page_label": "87", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a34aad6b844bf6a751825ae6fae853927bc26fb2663f87ac6b9cc2dc4867f00a"}, "3": {"node_id": "69fea787-c5f6-461c-8be4-8c02748bd672", "node_type": null, "metadata": {"page_label": "87", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "d31e7f6f6bb1d4d2d11012bd2e515a43578902155e49b02fa2961586b4fbaa13"}}, "hash": "412b611c2b7c5ee3210d2cf1bff0768c5a18c6c34641d439f1832a228105c8b4", "text": "Sandhar Technologies Limited86\nName of the \nStatuteNature of dues Financial year to which amount relatesForum where dispute is pendingAmount \n(Rs.in \nLacs)Amount \npaid \nunder \nprotest \n(Rs. in \nLacs)\nFinance Act, 1994 \nService taxService tax on Civil construction, CHA, maintenance or repair, outward freight, Travel Agent, \nCatering Pandal, Shamiana, \nAuthorized Service Station & T elephone ServiceFebruary- 2004 to November- 2011Commissioner, Joint Commissioner and Deputy Commissioner, Central Excise33.85 -\nCustom Act 1962 Custom duty on import of \ngoods2015-16 and 2016-17 Custom Authority Garhi Harsaru, Gurugram, Haryana6.94 -\n(viii)  According to the information and explanations given to us and \non the basis of our examination of the records of the Compa -\nny, the Company has not surrendered or disclosed any trans -\nactions, previously unrecorded as income in the books of ac -\ncount, in the tax assessments under the Income T ax Act, 1961 \nas income during the year.\n(ix) (a)  According to the information and explanations given to \nus and on the basis of our examination of the records of \nthe Company, the Company has not defaulted in repay -\nment of loans and borrowing or in the payment of interest thereon to any lender.\n(b) According to the information and explanations given to us \nand on the basis of our examination of the records of the Company, the Company has not been declared a wilful de -\nfaulter by any bank or financial institution or government or government authority.\n(c) In our opinion and according to the information and ex -\nplanations given to us by the management, term loans \nwere applied for the purpose for which the loans were \nobtained.\n(d) According to the information and explanations given to us \nand on an overall examination of the balance sheet of the Company, we report that no funds raised on short-term \nbasis have been used for long-term purposes by the Com -\npany.\n(e) According to the information and explanations given to us \nand on an overall examination of the standalone financial \nstatements of the Company, we report that the Company \nhas not taken any funds from any entity or person on ac -\ncount of or to meet the obligations of its subsidiaries or joint ventures as defined under the Act.\n(f) According to the information and explanations given to us \nand procedures performed by us, we report that the Com -\npany has not raised loans during the year on the pledge of securities held in its subsidiaries or joint ventures (as \ndefined under the Act). \n(x) (a)  The Company has not raised any moneys by way of initial \npublic offer or further public offer (including debt instru -\nments) Accordingly, clause 3(x)(a) of the Order is not ap -\nplicable.\n(b) According to the information and explanations given to us \nand on the basis of our examination of the records of the Company, the Company has not made any preferential \nallotment or private placement of shares or fully or part -\nly convertible debentures during the year. Accordingly, clause 3(x)(b) of the Order is not applicable.\n(xi) (a)  Based on examination of the books and records of the \nCompany and according to the information and expla -\nnations given to us, no fraud by the Company or on the Company has been noticed or reported during the course \nof the audit.\n(b) According to the information and explanations given to \nus, no report under sub-section (12) of Section 143 of the Act has been filed by the auditors in Form ADT-4 as pre -\nscribed under Rule 13 of the Companies (Audit and Audi -\ntors) Rules, 2014 with the Central Government.\n(c) As represented to us by the management, there are no \nwhistle blower complaints received by the Company during the year.\n(xii)  According to the information and explanations given to us, the \nCompany is not a Nidhi Company. Accordingly,", "start_char_idx": 0, "end_char_idx": 3816, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "69fea787-c5f6-461c-8be4-8c02748bd672": {"__data__": {"id_": "69fea787-c5f6-461c-8be4-8c02748bd672", "embedding": null, "metadata": {"page_label": "87", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "72bf768b-0b6a-4a67-8851-993452b8724c", "node_type": null, "metadata": {"page_label": "87", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a34aad6b844bf6a751825ae6fae853927bc26fb2663f87ac6b9cc2dc4867f00a"}, "2": {"node_id": "be8085d8-63a5-4a7f-9e8c-6a1fe735c4c6", "node_type": null, "metadata": {"page_label": "87", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "412b611c2b7c5ee3210d2cf1bff0768c5a18c6c34641d439f1832a228105c8b4"}}, "hash": "d31e7f6f6bb1d4d2d11012bd2e515a43578902155e49b02fa2961586b4fbaa13", "text": "given to us, the \nCompany is not a Nidhi Company. Accordingly, clause 3(xii) of the Order is not applicable.\n(xiii)  In our opinion and according to the information and explana -\ntions given to us, the transactions with related parties are in \ncompliance with Section 177 and 188 of the Act, where ap -\nplicable, and the details of the related party transactions have been disclosed in the standalone financial statements as re -\nquired by the applicable accounting standards.\n(xiv)  (a)  Based on information and explanations provided to us and \nour audit procedures, in our opinion, the Company has an \ninternal audit system commensurate with the size and na -\nture of its business.\n(b) W e have considered the internal audit reports of the \nCompany issued till date for the period under audit.\n(xv)  In our opinion and according to the information and explana -\ntions given to us, the Company has not entered into any non-\ncash transactions with its directors or persons connected to its \ndirectors and hence, provisions of Section 192 of the Act are \nnot applicable to the Company.\n(xvi)  (a)  The Company is not required to be registered under \nSection 45-IA of the Reserve Bank of India Act, 1934. Ac -\ncordingly, clause 3(xvi)(a) of the Order is not applicable.\n(b) The Company is not required to be registered under Sec -\ntion 45-IA of the Reserve Bank of India Act, 1934. Accord -\ningly, clause 3(xvi)(b) of the Order is not applicable.\n(c) The Company is not a Core Investment Company (CIC) \nas defined in the regulations made by the Reserve Bank \nof India. Accordingly, clause 3(xvi)(c) of the Order is not \napplicable.", "start_char_idx": 3754, "end_char_idx": 5384, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9d4a1516-6dfd-4978-8eb2-26d34d86729d": {"__data__": {"id_": "9d4a1516-6dfd-4978-8eb2-26d34d86729d", "embedding": null, "metadata": {"page_label": "88", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "80ce3e21-326d-4dbf-84b6-da9cd749b384", "node_type": null, "metadata": {"page_label": "88", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "42233fc51586ef60d811d71e37e5ede657ad477a75b8aeb7820ef63a8b163c37"}}, "hash": "42233fc51586ef60d811d71e37e5ede657ad477a75b8aeb7820ef63a8b163c37", "text": "87\nAnnual Report 2021-22\n(d) The Company is not part of any group (as per the provi -\nsions of the Core Investment Companies (Reserve Bank) \nDirections, 2016 as amended). Accordingly, the require -\nments of clause 3(xvi)(d) are not applicable.\n(xvii)  The Company has not incurred cash losses in the current and in \nthe immediately preceding financial year.\n(xviii) There has been no resignation of the statutory auditors during \nthe year. Accordingly, clause 3(xviii) of the Order is not appli -\ncable.\n(xix)  According to the information and explanations given to us and \non the basis of the financial ratios, ageing and expected dates \nof realisation of financial assets and payment of financial liabil -\nities, other information accompanying the standalone financial statements, our knowledge of the Board of Directors and man -\nagement plans and based on our examination of the evidence supporting the assumptions, nothing has come to our atten -\ntion, which causes us to believe that any material uncertainty exists as on the date of the audit report that the Company is \nnot capable of meeting its liabilities existing at the date of bal -\nance sheet as and when they fall due within a period of one year from the balance sheet date. We, however, state that this \nis not an assurance as to the future viability of the Company. We further state that our reporting is based on the facts up to \nthe date of the audit report and we neither give any guarantee \nnor any assurance that all liabilities falling due within a period \nof one year from the balance sheet date, will get discharged by \nthe Company as and when they fall due.\n(xx)  (a)  In our opinion and according to the information and ex -\nplanations given to us, there is no unspent amount under \nsub-section (5) of Section 135 of the Act pursuant to any \nproject other than ongoing projects. Accordingly, clause \n3(xx)(a) of the Order is not applicable.\n(b) In our opinion and according to the information and ex -\nplanations given to us, there is no unspent amount under sub-section (5) of Section 135 of the Act pursuant to any \nongoing project. Accordingly, clause 3(xx)(b) of the Order \nis not applicable.\nFor B S R & Co. LLP\nChartered Accountants\nICAI Firm registration number: 101248W / W-100022\nShashank Agarwal\nPartner\nPlace: Gurugram  Membership No.: 095109\nDate: 18 May 2022  ICA I UDIN:22095109AJECRW6352", "start_char_idx": 0, "end_char_idx": 2380, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "da742688-4ef7-45cf-af7d-f1d7e2ae59a3": {"__data__": {"id_": "da742688-4ef7-45cf-af7d-f1d7e2ae59a3", "embedding": null, "metadata": {"page_label": "89", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8329ddc4-79c1-4163-af4b-19376e7d5f53", "node_type": null, "metadata": {"page_label": "89", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "df974efeece1e3907e779001f4f45072213b437319745cc2309847a4c1cc4dd9"}, "3": {"node_id": "e9151880-6066-40af-bd02-5c8e8eb09436", "node_type": null, "metadata": {"page_label": "89", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f488f81ecffccef88d1a6027021ff1defd712b134c42e6bf898952ed699b97d5"}}, "hash": "140f1a8fd9003b6abe2eff117e9fa000c367b7ca258b9299d8516843849aba9f", "text": "Sandhar Technologies Limited88\nAnnexure B to the Independent Auditor\u2019s report\non the Standalone Financial Statements of Sandhar T echnologies Limited for the year ended 31 March 2022\nReport on the Internal Financial Controls with reference to the aforesaid Standalone Financial Statements under Clause (i) of Sub-\nsection 3 of Section 143 of the Companies Act, 2013\n(Referred to in paragraph (A) (f) under \u2018Report on Other Legal and Regulatory Requirements\u2019 section of our report of even date)\nOpinion\nWe have audited the Internal Financial Controls with reference to \nStandalone Financial Statements of Sandhar T echnologies Limited \n(\u201cthe Company\u201d) as of 31 March 2022 in conjunction with our audit of the Standalone Financial Statements of the Company for the year ended on that date.\nIn our opinion, the Company has, in all material respects, adequate \nInternal Financial Controls with reference to Standalone Financial Statements and such Internal Financial Controls were operating \neffectively as at 31 March 2022, based on the Internal Financial \nControls with reference to Standalone Financial Statements criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Institute \nof Chartered Accountants of India (the \u201cGuidance Note\u201d).\nManagement\u2019s Responsibility for Internal Financial Controls\nThe Compa ny\u2019s management and the Board of Directors are \nresponsible for establishing and maintaining Internal Financial \nControls based on the Internal Financial Controls with reference \nto Standalone Financial Statements criteria established by the Company considering the essential components of internal control stated in the Guidance Note. These responsibilities include the \ndesign, implementation and maintenance of adequate Internal \nFinancial Controls that were operating effectively for ensuring the orderly and efficient conduct of its business, including adherence to Company\u2019s policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness \nof the accounting records, and the timely preparation of reliable \nfinancial information, as required under the Companies Act, 2013 \n(hereinafter referred to as \u201cthe Act\u201d).\nAuditors\u2019 Responsibility\nOur responsibi lity is to express an opinion on the Company\u2019s \nInternal Financial Controls with reference to Standalone Financial \nStatements based on our audit. We conducted our audit in accordance with the Guidance Note and the Standards on Auditing, \nprescribed under Section 143(10) of the Act, to the extent applicable \nto an audit of internal financial controls with reference to Standalone Financial Statements. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and \nperform the audit to obtain reasonable assurance about whether \nadequate Internal Financial Controls with reference to Standalone Financial Statements were established and maintained and whether such controls operated effectively in all material respects.\nOur audit involves performing procedures to obtain audit evidence \nabout the adequacy of the Internal Financial Controls with reference to Standalone Financial Statements and their operating \neffectiveness. Our audit of Internal Financial Controls with \nreference to Standalone Financial Statements included obtaining an understanding of such Internal Financial Controls, assessing the risk that a material weakness exists, and testing and evaluating the \ndesign and operating effectiveness of internal control based on the \nassessed risk.\nThe procedures selected depend on the auditor\u2019s judgement, \nincluding the assessment of the risks of material misstatement of the Standalone Financial Statements, whether due to fraud or error.\nWe believe that the audit evidence we have obtained is sufficient \nand appropriate to provide a basis for our audit opinion on the Company\u2019s Internal Financial Controls with reference to Standalone \nFinancial S tatements.\nMeaning of Internal Financial controls with Reference to Standalone Financial Statements\nA Company\u2019s I nternal Financial Controls with reference to \nStandalone Financial Statements is a process designed to provide \nreasonable assurance regarding the reliability of financial reporting and the preparation of Financial Statements for external purposes \nin accordance with generally", "start_char_idx": 0, "end_char_idx": 4466, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e9151880-6066-40af-bd02-5c8e8eb09436": {"__data__": {"id_": "e9151880-6066-40af-bd02-5c8e8eb09436", "embedding": null, "metadata": {"page_label": "89", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8329ddc4-79c1-4163-af4b-19376e7d5f53", "node_type": null, "metadata": {"page_label": "89", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "df974efeece1e3907e779001f4f45072213b437319745cc2309847a4c1cc4dd9"}, "2": {"node_id": "da742688-4ef7-45cf-af7d-f1d7e2ae59a3", "node_type": null, "metadata": {"page_label": "89", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "140f1a8fd9003b6abe2eff117e9fa000c367b7ca258b9299d8516843849aba9f"}}, "hash": "f488f81ecffccef88d1a6027021ff1defd712b134c42e6bf898952ed699b97d5", "text": "the preparation of Financial Statements for external purposes \nin accordance with generally accepted accounting principles. A Company\u2019s Internal Financial Controls with reference to Standalone \nFinancial Statements include those policies and procedures that (1) \npertain to the maintenance of records that, in reasonable detail, \naccurately and fairly reflect the transactions and dispositions of \nthe assets of the Company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of Financial Statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the \nCompany are being made only in accordance with authorisations \nof management and directors of the Company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorised acquisition, use, or disposition of the Company\u2019s \nassets that could have a material effect on the Standalone Financial \nStatements.\nInherent Limitations of Internal Financial controls with Refer -\nence to Standalone Financial Statements\nBecause of the inherent limitations of Internal Financial Controls \nwith reference to Standalone Financial Statements, including \nthe possibility of collusion or improper management override \nof controls, material misstatements due to error or fraud may \noccur and not be detected. Also, projections of any evaluation \nof the Internal Financial Controls with reference to Standalone \nFinancial Statements to future periods are subject to the risk \nthat the Internal Financial Controls with reference to Standalone \nFinancial Statements may become inadequate because of changes \nin conditions, or that the degree of compliance with the policies or \nprocedures may deteriorate.\nFor B S R & Co. LLP\nChartered Accountants\nICAI Firm registration number: 101248W / W-100022\nShashank Agarwal\nPartner\nPlace: Gurugram  Membership number: 095109 \nDate: 18 May 2022  ICA I UDIN: 22095109AJECRW6352", "start_char_idx": 4375, "end_char_idx": 6352, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "81f18b40-4c5e-4131-8942-12fc722c6d75": {"__data__": {"id_": "81f18b40-4c5e-4131-8942-12fc722c6d75", "embedding": null, "metadata": {"page_label": "90", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2bff2a55-38a1-43b0-bcbd-b31aa3a0f3b2", "node_type": null, "metadata": {"page_label": "90", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1596b8697ed66939d82316368c9b0721ee4a4ebeedebbcd2ccc0888471949f48"}, "3": {"node_id": "c3d7ada9-719e-4d3d-b653-5d0d02251d58", "node_type": null, "metadata": {"page_label": "90", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b42a1f17f0a2936e036b524f5a29a3f528bf823aded8fffdfc2fc930314a5b40"}}, "hash": "395b1fe4c2b2be5cacc7ca94052a5600d2d139ae70faf227e0e3fa4f91768ac5", "text": "89\nAnnual Report 2021-22\n The accompanying notes are an integral part of these Standalone Financial Statements.  \nAs per our report of even date attached  \nFor B S R & Co. LLP   F or and on behalf of the Board of Directors of  \nChartered Accountants   Sandhar T echnologies Limited  \nICAI Firm Registration number 101248W/W-100022  \nShashank Agarwal  D .N. Davar  Ja yant Davar  Y ashpal Jain \nPartner  Chairman  Co-Cha irman and  Chief Financia l Officer\nMembership No. 095109  DIN:00002008  Managing Director\nDIN:00100801\nVimal Mahendru  Archana Capoor  Arvind Kapur  K omal Malik\nDirector  Director  Director  Com pany Secretary\nDIN:00006016  DIN:01204170  DIN:00096308  ICSI  M. No.: 6430\nPlace: Gurugram  Pla ce: Gurugram\nDate: 18 May 2022  Date: 18 Ma y 2022  Particulars  Note As at \n31 March 2022 As at \n31 March 2021 \n Assets \n Non-current assets \n Property, plant and equipment  3  58,269.73  55,180.88 \n Capital work-in-progress  3A  3,597.13  736.42 \n Right-of-use assets  4  4,028.97  3,916.70 \n Goodwill  5  552.35  552.35 \n Other intangible assets  5  2,589.45  533.15 \n Financial assets  6 \n- Investments  6A  16,365.35  11,438.77 \n- Other financial assets  6F  1,078.07  986.27 \n Income-tax assets  8  444.13  502.34 \n Other non-current assets  8  198.73  176.04 \n T otal non-current assets  87,123.91  74,022.92 \n Current assets \n Inventories  7  15,629.94  13,397.11 \n Financial assets  6 \n- Loans  6B  41.48  678.58 \n- Trade receivables  6C  40,659.26  34,832.70 \n- Cash and cash equivalents  6D  23.90  87.35 \n- Other bank balances  6E  84.17  81.34 \n- Other financial assets  6F  114.83  120.81 \n Other current assets  8  2,451.02  1,438.72 \n T otal current assets  59,004.60  50,636.61 \n Assets held for sale -   -   \n T otal assets  146,128.51  124,659.53 \n Equity and liabilities \n Equity  Equity share capital  9  6,019.07  6,019.07 \n Other equity  10  79,975.31  74,654.97 \n T otal equity  85,994.38  80,674.04 \n Liabilities \n Non-current liabilities \n Financial liabilities \n- Borrowings  11  9,031.25  5.31 \n- Lease liabilities  13  1,204.74  1,217.02 \n Deferred tax liabilities (net)  16  842.00  995.00 \n T otal non current liabilities  11,077.99  2,217.33 \n Current liabilities \n Financial liabilities \n- Borrowings  11  14,764.76  4,324.33 \n- Trade payables  12 \n\u2022 total outstanding dues of micro enterprises and small enterprises  11,301.89  3,832.45 \n\u2022 total outstanding dues of creditors other than micro enterprises and small enterprises \n 17,739.19  29,300.91 \n-Lease liabilities  13  762.10  613.86 \n- Other financial liabilities  13  1,328.95  826.91 \n Other current liabilities  14  1,615.75  1,795.98 \n Income-tax liabilities  15  609.51  380.95 \n Provisions  15  933.99  692.77 \n T otal current liabilities ", "start_char_idx": 0, "end_char_idx": 2750, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c3d7ada9-719e-4d3d-b653-5d0d02251d58": {"__data__": {"id_": "c3d7ada9-719e-4d3d-b653-5d0d02251d58", "embedding": null, "metadata": {"page_label": "90", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2bff2a55-38a1-43b0-bcbd-b31aa3a0f3b2", "node_type": null, "metadata": {"page_label": "90", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1596b8697ed66939d82316368c9b0721ee4a4ebeedebbcd2ccc0888471949f48"}, "2": {"node_id": "81f18b40-4c5e-4131-8942-12fc722c6d75", "node_type": null, "metadata": {"page_label": "90", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "395b1fe4c2b2be5cacc7ca94052a5600d2d139ae70faf227e0e3fa4f91768ac5"}}, "hash": "b42a1f17f0a2936e036b524f5a29a3f528bf823aded8fffdfc2fc930314a5b40", "text": "Provisions  15  933.99  692.77 \n T otal current liabilities  49,056.14  41,768.16 \n T otal equity and liabilities  146,128.51  124,659.53 \n Significant accounting policies   2 Standalone Balance Sheet as at 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)", "start_char_idx": 2690, "end_char_idx": 2990, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d0db9a2f-b523-492b-93a3-4b3571db9bfb": {"__data__": {"id_": "d0db9a2f-b523-492b-93a3-4b3571db9bfb", "embedding": null, "metadata": {"page_label": "91", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9fc9f4f7-fffe-46fd-9e24-4b212dc03da3", "node_type": null, "metadata": {"page_label": "91", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "57c84ff601715c27ada1ea6b406f2817ea8878baf71c38ff111139bcb098ace6"}}, "hash": "57c84ff601715c27ada1ea6b406f2817ea8878baf71c38ff111139bcb098ace6", "text": "Sandhar Technologies Limited90\nStandalone Statement of Profit and Loss for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nParticulars Note For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nREVENUE\nRevenue from operations  17  194,101.58  158,530.80 \nOther income  18  515.06  939.33 \nT otal income (I)  194,616.64  159,470.13 \nEXPENSES\nCost of raw materials and components consumed  19  131,519.23  101,910.72 \nChanges in inventories of finished goods and work-in-progress  20  (647.97)  (54.98)\nEmployee benefits expense  21  23,415.95  20,887.08 \nFinance costs  24  942.75  909.43 \nDepreciation and amortization expense  22  7,426.26  6,857.01 \nOther expenses  23  23,218.39  20,413.15 \nT otal expenses (II)  185,874.61  150,922.41 \nProfit before exceptional item and tax ( III = I - II )  8,742.03  8,547.72 \nExceptional item  25  110.36  -   \nProfit before tax (IV)  8,631.67  8,547.72 \nT ax expense:Current tax  2,567.84  2,013.92 \nDeferred tax (credit)/charge  (78.85)  10.60 \nT otal tax expense (V)  2,488.99  2,024.52 \nProfit for the year ( VI = IV - V )  6,142.68  6,523.20 \nOther Comprehensive Income (VII)\nItems that will not be reclassified to profit or loss\nRe-measurement gain/(loss) on defined benefit plans  26  (294.58)  (534.80)\nIncome tax relating to re-measurement gain/(loss) on defined benefit plans  74.15  134.60 \nT otal Other Comprehensive Loss for the year (net of tax)  (220.43)  (400.20)\nT otal Comprehensive Income for the year ( VIII = VI - VII )  \n(Comprising Profit and Other Comprehensive Loss for the year) 5,922.25  6,123.00 \nEarnings per equity share:\n(1) Basic-Par value of Rs. 10 per share  27  10.21  10.84 \n(2) Diluted-Par value of Rs. 10 per share  10.21  10.84 \nSignificant accounting policies  2 \n The accompanying notes are an integral part of these Standalone Financial Statements.  \nAs per our report of even date attached  \nFor B S R & Co. LLP   F or and on behalf of the Board of Directors of  \nChartered Accountants   Sandhar T echnologies Limited  \nICAI Firm Registration number 101248W/W-100022  \nShashank Agarwal  D .N. Davar  Ja yant Davar  Y ashpal Jain \nPartner  Chairman  Co-Cha irman and  Chief Financia l Officer\nMembership No. 095109  DIN:00002008  Managing Director\nDIN:00100801\nVimal Mahendru  Archana Capoor  Arvind Kapur  K omal Malik\nDirector  Director  Director  Com pany Secretary\nDIN:00006016  DIN:01204170  DIN:00096308  ICSI  M. No.: 6430\nPlace: Gurugram  Pla ce: Gurugram\nDate: 18 May 2022  Date: 18 Ma y 2022", "start_char_idx": 0, "end_char_idx": 2560, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ef8d6c65-0e05-4a3e-b666-d0d01814c3df": {"__data__": {"id_": "ef8d6c65-0e05-4a3e-b666-d0d01814c3df", "embedding": null, "metadata": {"page_label": "92", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "733494c8-3e6d-4925-91c4-e63c04664bb3", "node_type": null, "metadata": {"page_label": "92", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c5ff8c56a4eda9d9f2f4ecbeeaf78b37a699c82327688c70eb1aa0ea63fc7cde"}}, "hash": "937f65c0786e3434fdef7fbe71e89b3f1ba97abd361a866a5381ff62d48e93b8", "text": "91\nStandalone Statement of changes in equity for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nA. Equity sh are capital:\nParticulars Note Equity Shares\nNo. of shares in \nlacs Amount \nBalance as at 1 April 2020 9  601.91  6,019.07 \nChanges during the year  -   -   \nBalance as at 31 March 2021  601.91  6,019.07 \nChanges during the year  -   -   \nBalance as at 31 March 2022  601.91  6,019.07 \nB. Oth er equity\nParticluars Reserves and Surplus (1) Items of other \ncomprehensive \nincome (2)T otal\nRetained \nearningsSecurities \nPremiumCapital \nreservesRemeasurements \nof defined benefit \nliabilities\nBalance as at 1 April 2020  38,704.52  27,859.67  2,653.66  517.93  69,735.78 \nT otal Comprehensive income for the year ended 31 \nMarch 2021\nProfit for the year  6,523.20  -   -   -    6,523.20 \nOther comprehensive loss (net of tax)  -   -    -    (400.20)  (400.20)\nContribution by and distribution to owner\nDividend on equity shares (Final)  (451.43)  -   -   -    (451.43)\nDividend on equity shares (Interim)  (752.38)  -   -   -    (752.38)\nT ax on Dividend  -   -    -   -    -   \nBalance as at 31 March 2021  44,023.91  27,859.67  2,653.66  117.73  74,654.97 \nT otal Comprehensive income for the year ended  \n31 March 2022\nProfit for the year  6,142.68  -   -   -    6,142.68 \nOther comprehensive loss (net of tax)  -   -    -    (220.43)  (220.43)\nContribution by and distribution to owner\nDividend on equity shares (Final)  (601.91)  -   -   -    (601.91)\nDividend on equity shares (Interim)  -   -    -   -    -   \nT ax on Dividend  -   -    -   -    -   \nBalance as at 31 March 2022  49,564.68  27,859.67  2,653.66  (102.70)  79,975.31 \n The accompanying notes are an integral part of these Standalone Financial Statements.  \nAs per our report of even date attached  \nFor B S R & Co. LLP   F or and on behalf of the Board of Directors of  \nChartered Accountants   Sandhar T echnologies Limited  \nICAI Firm Registration number 101248W/W-100022  \nShashank Agarwal  D .N. Davar  Ja yant Davar  Y ashpal Jain \nPartner  Chairman  Co-Cha irman and  Chief Financia l Officer\nMembership No. 095109  DIN:00002008  Managing Director\nDIN:00100801\nVimal Mahendru  Archana Capoor  Arvind Kapur  K omal Malik\nDirector  Director  Director  Com pany Secretary\nDIN:00006016  DIN:01204170  DIN:00096308  ICSI  M. No.: 6430\nPlace: Gurugram  Pla ce: Gurugram\nDate: 18 May 2022  Date: 18 Ma y 2022", "start_char_idx": 0, "end_char_idx": 2467, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "105d8851-5538-4833-92b8-b237fbfba3a6": {"__data__": {"id_": "105d8851-5538-4833-92b8-b237fbfba3a6", "embedding": null, "metadata": {"page_label": "93", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "deaea770-aaf3-4ea7-bdda-86b1c8f20852", "node_type": null, "metadata": {"page_label": "93", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bc396a3316a0558ad63c2d79ee9deda6af7015714ca3907469c2160836e15604"}, "3": {"node_id": "76f81364-da48-4396-a8b7-d667763ebbe8", "node_type": null, "metadata": {"page_label": "93", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8f25e2c575eb258c4e3de0b7e17102d59db60d84ab3a273dc8edc1ff9fc10755"}}, "hash": "bac6ddf80a70a9abecf670daf65ece7f121c1f581f248361152ac4ea71e34fd7", "text": "Sandhar Technologies Limited92\nStandalone Statement of Cash Flows for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nParticulars For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nA Cash flows from operating activities\n1 Profit before tax  8,631.67  8,547.72 \n2 Adjustments for :\nDepreciation and amortization expenses  7,426.26  6,857.01 \nImpairment loss on investment in join venture  110.36  -   \nProfit on sale of property, plant and equipment  (40.25)  (42.74)\nProvision for doubtful debts and advances  -    11.35 \nUnrealised foreign exchange gain  (48.50)  (22.58)\nInterest expense  942.75  909.43 \nInterest income on security deposits measured at amortised cost  -    (45.03)\nGain on investments carried at fair value through profit or loss  (13.19)  (32.73)\nInterest income  (124.94)  (148.31)\nDividend income  (23.98)  (137.03)\n3 Operating profit before working capital changes (1+2)  16,860.18  15,897.09 \n4 Movements in working capital:Increase in trade receivables  (5,826.57)  (15,211.58)\nIncrease in inventories  (2,232.83)  (1,297.43)\nDecrease/(Increase) in financial assets  555.46  (3,341.21)\n(Increase)/ Decrease in other current assets  (1,012.30)  353.99 \n(Decrease)/ Increase in trade payables  (4,043.78)  14,712.02 \nDecrease in current provisions  (415.62)  (469.82)\nIncrease in other financial liabilities  172.98  177.46 \n(Decrease)/ Increase in other current liabilities  (180.22)  799.48 \nT otal movement in working capital:  (12,982.88)  (4,277.09)\n5 Cash generated from operations (3+4)  3,877.30  11,620.00 \n6 Income tax paid (net of refunds)  1,918.82  1,938.05 \n7 Net cash generated from operating activities (5-6)  1,958.48  9,681.95 \nB Cash flow from investing activities:\nPurchase of Property, plant and equipment, Capital work in progress, other intangible \nassets and capital advances (14,347.52)  (5,587.36)\nProceeds from sale of property, plant and equipment  80.49  77.20 \nPurchase of non-current investment in subsidiaries  (3,500.01)  -   \nPurchase of non-current investment in joint ventures  (1,523.73)  (2,644.24)\nSale of non-current investment in joint ventures  -    361.80 \nIncrease of Bank deposits (having original maturity of more than 3 months)  (2.83)  (2.08)\nDividend income  23.98  137.03 \nInterest received  120.77  188.49 \nNet cash used in investing activities:  (19,148.85)  (7,469.16)\nC Cash flow from financing activities:\nRepayment of long-term borrowings  (18.54)  (35.58)\nProceeds from long-term borrowings  9,500.00  -   \nProceeds from short-term borrowings (net)  9,984.91  438.90 \nPayment of lease liabilities  (872.40)  (741.37)\nDividend paid during the year  (601.91)  (1,203.81)\nInterest paid  (865.14)  (883.08)\nNet cash generated from/ (used in) financing activities:  17,126.92 ", "start_char_idx": 0, "end_char_idx": 2831, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "76f81364-da48-4396-a8b7-d667763ebbe8": {"__data__": {"id_": "76f81364-da48-4396-a8b7-d667763ebbe8", "embedding": null, "metadata": {"page_label": "93", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "deaea770-aaf3-4ea7-bdda-86b1c8f20852", "node_type": null, "metadata": {"page_label": "93", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bc396a3316a0558ad63c2d79ee9deda6af7015714ca3907469c2160836e15604"}, "2": {"node_id": "105d8851-5538-4833-92b8-b237fbfba3a6", "node_type": null, "metadata": {"page_label": "93", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bac6ddf80a70a9abecf670daf65ece7f121c1f581f248361152ac4ea71e34fd7"}}, "hash": "8f25e2c575eb258c4e3de0b7e17102d59db60d84ab3a273dc8edc1ff9fc10755", "text": "cash generated from/ (used in) financing activities:  17,126.92  (2,424.94)\nD Net decrease in Cash and cash equivalents (A+B+C)  (63.45)  (212.15)\nE-1 Cash and cash equivalents as at the beginning of year  87.35  299.50 \nE-2 Cash and cash equivalents as at end of the year  23.90  87.35 \nCash and cash equivalents include :\n Balances with banks: \n\u2013 In current accounts  16.40  73.07", "start_char_idx": 2767, "end_char_idx": 3149, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e542c353-30b3-4599-9671-01c729ab8d15": {"__data__": {"id_": "e542c353-30b3-4599-9671-01c729ab8d15", "embedding": null, "metadata": {"page_label": "94", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c1762f5b-264f-49b7-957d-391a89385ee4", "node_type": null, "metadata": {"page_label": "94", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8a509339cfbe39db334d655792a08e9caa7f56429574163064e73fb9aa11beee"}}, "hash": "8a509339cfbe39db334d655792a08e9caa7f56429574163064e73fb9aa11beee", "text": "93\nStandalone Statement of Cash Flows for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nParticulars For the year ended  \n31 March 2022For the year ended  \n31 March 2021\n\u2013 Cheques on hand  -   -   \n Cash on hand  7.50  14.28 \nCash and cash equivalents at the end of the year  23.90  87.35 \nReconciliation between the opening and closing balances in the balance sheet for liabilities arising from financing activities:\nParticulars  Non - current \nborrowings*  Current  \nborrowings\nOpening balance as at 1 April 2021  26.12  4,305.79 \nCash flows during the year  9,504.89  9,984.91 \nNon-cash changes:  -   -   \nClosing balance as at 31 March 2022  9,531.01  14,290.70 \n*Includes current maturities of non-current borrowings and interest accrued thereon, refer  Note 13.\nFor lease liabilities refer note 34\nNotes:\n1. The standalone ca sh flow statement has been prepared in accordance with \"Indirect Method\" as set out on Indian Accounting \nSt andard -7 on  \"Statement of Cash Flows \" .  \n2. Refer note 2 for significa nt accounting policies.\n3. The Company paid in cash Rs. 209.33 Lacs for the year ended 31 March 2022 and Rs. 216.66 Lacs for the year ended 31 March\n2021 towards Corpor ate Social Responsibility (CSR) expenditure.  \n The accompanying notes are an integral part of these Standalone Financial Statements.  \nAs per our report of even date attached  \nFor B S R & Co. LLP   F or and on behalf of the Board of Directors of  \nChartered Accountants   Sandhar T echnologies Limited  \nICAI Firm Registration number 101248W/W-100022  \nShashank Agarwal  D .N. Davar  Ja yant Davar  Y ashpal Jain \nPartner  Chairman  Co-Cha irman and  Chief Financia l Officer\nMembership No. 095109  DIN:00002008  Managing Director\nDIN:00100801\nVimal Mahendru  Archana Capoor  Arvind Kapur  K omal Malik\nDirector  Director  Director  Com pany Secretary\nDIN:00006016  DIN:01204170  DIN:00096308  ICSI  M. No.: 6430\nPlace: Gurugram  Pla ce: Gurugram\nDate: 18 May 2022  Date: 18 Ma y 2022", "start_char_idx": 0, "end_char_idx": 2054, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7259a0d4-69c9-47b2-8da9-21e68b925c51": {"__data__": {"id_": "7259a0d4-69c9-47b2-8da9-21e68b925c51", "embedding": null, "metadata": {"page_label": "95", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "53a631ef-f609-4156-8d20-c93a365724c7", "node_type": null, "metadata": {"page_label": "95", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "31247e0df5fc5f73e07d51842cc0ba9a109b029fc8e0df5e96a807703d8f8af2"}, "3": {"node_id": "1340e976-9169-4a25-a056-af69b81f859a", "node_type": null, "metadata": {"page_label": "95", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cf7f8b5084c7d5522e9986a7f210f4073f14b04c05ca1038c68574a8680674c8"}}, "hash": "164cf9059745685a6e155f7e1194c3ab04855d30587e13d1d9177512b5442821", "text": "Sandhar Technologies Limited94\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n1. Corpor ate information\nSandhar T echnologies Limited (\u2018STL \u2019 or \u2018the Company\u2019) is a \nPublic Limited Company domiciled in India. The Company \nwas incorporated on 19 October 1987 in New Delhi, India. \nThe Company is primarily engaged in the manufacturing and \nassembling of automotive components for the automotive \nindustry.\n2.\t Significant \taccounting \tpolicies\n2.1 Basis of prepar ation\n(i) Sta tement of compliance\nThese Standalone Financial Statements of the Company have been prepared in accordance with Indian Accounting \nStandards (Ind AS) prescribed under Section 133 of \nCompanies Act, 2013 (the \u2018Act\u2019), read with Companies \n(Indian Accounting Standards) Rules as amended from time \nto time and other relevant provisions of the Act.\nEffective 1 April 2016, the Company transitioned to Ind \nAS while the Financial Statements were being prepared in \naccordance with the Companies (Accounting Standards) \nRules, 2006 (previous GAAP) till 31 March 2017 and the \ntransition was carried out in accordance with Ind AS 101 \n\u201cFirst time adoption of Indian Accounting Standards\u201d . \nWhile carrying out transition, in addition to the mandatory \nexemptions, the Company had elected to certain exemption \nwhich are listed as below:\na) Business Combination:\nCompany has opted for exemption under Ind AS 101 with \nrespect to Business Combinations whereby Company has \nelected not to apply Ind AS 103 retrospectively to past \nbusiness combinations i.e. to business combinations that \noccurred before the date of transition to Ind AS. As such \nprevious GAAP balances relating to business combinations \nconsummated before that date, including goodwill, have \nbeen carried forward.\nb) Deemed cost e xemption on Property, Plant and\nEquipment\nInd AS 101 permits a first-time adopter to elect to continue \nwith the carrying value for all of its property, plant and \nequipment as recognised in the financial statements as \nat the date of transition to Ind AS, measured as per the \nprevious GAAP and use that as its deemed cost as at the \ndate of transition after making necessary adjustments for \nde-commissioning liabilities. This exemption can also be \nused for intangible assets covered by Ind AS 38 Intangible \nAssets.\nAccordingly, the Company has elected to measure all of its \nproperty, plant and equipment and intangible assets at their \nprevious GAAP carrying value.c) In vestment in subsidiaries:\nAs per the requirements of Ind AS 27, Company has opted \nto record its equity investment in subsidiary at cost. Ind AS \n101 provides that while measuring investment at cost, an \nentity shall measure that investment at one of the following \namounts in its separate opening Ind AS Balance Sheet: \n(i) cost determined in a ccordance with Ind AS 27; or\n(ii) deemed cost. The deemed cost of such an investment \nshall be its\n(a)fair value at the entity\u2019s date of transition to\nInd AS,s in its Separate Financial Statements; or\n(b) pre vious GAAP carrying amount at that date.\nAccordingly, Company has opted to record its investment in \nsubsidiary at previous GAAP carrying amount at transition \ndate.\nd) L eases:\nInd AS 101 permits that if there is any land lease newly \nclassified as finance lease then the first time adopter may \nrecognise assets and liability at fair value on that date; and \nany difference between those fair values is recognized in \nretained earnings. \nCompany has therefore classified land leases with multi \ndecade lease periods as finance lease as on transition date.\n(ii) F unctional and presentation currency\nThese Standalone Financial Statements are presented in \nIndian Rupees (INR), which is also the Company\u2019s functional \ncurrency. All amounts have been rounded-off to the nearest \nLacs, unless otherwise indicated.\n(iii)", "start_char_idx": 0, "end_char_idx": 3928, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1340e976-9169-4a25-a056-af69b81f859a": {"__data__": {"id_": "1340e976-9169-4a25-a056-af69b81f859a", "embedding": null, "metadata": {"page_label": "95", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "53a631ef-f609-4156-8d20-c93a365724c7", "node_type": null, "metadata": {"page_label": "95", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "31247e0df5fc5f73e07d51842cc0ba9a109b029fc8e0df5e96a807703d8f8af2"}, "2": {"node_id": "7259a0d4-69c9-47b2-8da9-21e68b925c51", "node_type": null, "metadata": {"page_label": "95", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "164cf9059745685a6e155f7e1194c3ab04855d30587e13d1d9177512b5442821"}}, "hash": "cf7f8b5084c7d5522e9986a7f210f4073f14b04c05ca1038c68574a8680674c8", "text": "to the nearest \nLacs, unless otherwise indicated.\n(iii) Basis of m easurement\nThese Standalone Financial Statements have been prepared on a historical cost basis, except for the following items \nwhich have been measured at fair value or revalued amount:\nItems Measurement basis\nCertain financial assets and \nfinancial liability Fair value\nInvestment in preference \nshares (unquoted)Fair value\nNet defined benefit plan \n(asset)/ liabilityFair value of plan assets less present \nvalue of defined \nbenefit obligation.", "start_char_idx": 3873, "end_char_idx": 4387, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "791b9916-6410-4f12-ae05-f211743833f5": {"__data__": {"id_": "791b9916-6410-4f12-ae05-f211743833f5", "embedding": null, "metadata": {"page_label": "96", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4ae8b78b-3a05-419a-bd98-df988ae2eb01", "node_type": null, "metadata": {"page_label": "96", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "24ff7eb30776fc228354cdd55992c60ba84b74cbca2eb90611eb2175605a3104"}, "3": {"node_id": "7e30092d-bab1-41e5-82b8-490806c44ade", "node_type": null, "metadata": {"page_label": "96", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "71e7d981dba429d71c90f63cf9b4b041342ac386a8d2909d4fdec24362335aa4"}}, "hash": "5c7e6030c1434b0c681c4c6b182defdd21098baaf3553c6e007ca2291c499b92", "text": "95\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n(iv) Use of estim ates and judgements\nIn preparation of these Standalone Financial Statements, \nmanagement has made judgements, estimates, and \nassumptions that affect the application of accounting \npolicies and the reported amounts of assets and liabilities,\nincome and expenses. Actual results may differ from these \nestimates. \nEstimates and underlying assumptions are reviewed on \nan ongoing basis. Revision to accounting estimates are \nrecognized prospectively. In particular, information about \nsignificant areas of estimation uncertainty and critical \njudgments in applying accounting policies that have the \nmost significant effect on the amounts recognized in the \nStandalone Financial Statements is included in the following \nnotes.\n\u2022 Recognit ion and estimation of tax expense including \ndeferred tax\u2013 Note 28\n\u2022 Estim ated impairment of financial assets and non-\nfinancial assets \u2013 Note 2.3 (e) \n\u2022 Assessment of useful life of property, plant and \nequipment and intangible asset \u2013 Note 2.3 (a) \n\u2022 Estim ation of obligations relating to employee benefits: \nkey actuarial assumptions \u2013 Note 30\n\u2022 V aluation of Inventories \u2013 Note 2.3 (g) \n\u2022 Recognit ion and measurement of provision and \ncontingencies: Key assumption about the likelihood and magnitude of an outflow of resources \u2013 Note 31\n\u2022 L ease classification \u2013 Note 34\n\u2022 Fair value m easurement \u2013 Note 2.1 (v)\n\u2022 In assessing the recoverability of receivables including \nunbilled receivables, goodwill, financial assets, and certain investments, the Company has considered \ninternal and external information up to the date of \napproval of these financial statements including credit \nreports and economic forecasts considering emerging \nsituations due to COVID-19. Based on current \nindicators of future economic conditions, the Company \nexpects to recover the carrying amount of these assets. \nDue to the nature of the pandemic, the Company will \ncontinue to monitor developments to identify significant \nuncertainties in future periods.\nThe operating cycle is the time between the acquisition of assets for processing and their realisation in cash and cash \nequivalents. Where the normal operating cycle cannot be \nidentified, it is assumed to have a duration of twelve months.(v) Measur ement of fair values\nA number of the Company\u2019s accounting policies and \ndisclosures require the measurement of fair values, for both \nfinancial and non-financial assets and liabilities.\nThe Company has an established control framework with \nrespect to the measurement of fair values. The management \nregularly reviews significant unobservable inputs and \nvaluation adjustments. If third party information, such \nas broker quotes or pricing services, is used to measure \nfair values, then the management assesses the evidence \nobtained from the third parties to support the conclusion \nthat these valuations meet the requirements of Ind AS, \nincluding the level in the fair value hierarchy in which the \nvaluations should be classified.\nSignificant valuation issues are reported to the Company\u2019s \naudit committee.\nFair values are categorized into different levels in a fair \nvalue hierarchy based on the inputs used in the valuation \ntechniques as follows.\nLevel 1: quoted prices (unadjusted) in active markets for \nidentical assets or liabilities.\nLevel 2: inputs other than quoted prices included in Level 1 \nthat are observable for the asset or liability, either directly \n(i.e. as prices) or indirectly (i.e. derived from prices).\nLevel 3: inputs for the asset or liability that are not based on \nobservable market data (unobservable inputs).\nWhen measuring the fair value of an asset or a liability, the \nCompany uses observable market data as far as possible. \nIf the inputs used to measure the fair value of an asset or \na liability fall into different levels of the fair value", "start_char_idx": 0, "end_char_idx": 4017, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7e30092d-bab1-41e5-82b8-490806c44ade": {"__data__": {"id_": "7e30092d-bab1-41e5-82b8-490806c44ade", "embedding": null, "metadata": {"page_label": "96", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4ae8b78b-3a05-419a-bd98-df988ae2eb01", "node_type": null, "metadata": {"page_label": "96", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "24ff7eb30776fc228354cdd55992c60ba84b74cbca2eb90611eb2175605a3104"}, "2": {"node_id": "791b9916-6410-4f12-ae05-f211743833f5", "node_type": null, "metadata": {"page_label": "96", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5c7e6030c1434b0c681c4c6b182defdd21098baaf3553c6e007ca2291c499b92"}}, "hash": "71e7d981dba429d71c90f63cf9b4b041342ac386a8d2909d4fdec24362335aa4", "text": "the fair value of an asset or \na liability fall into different levels of the fair value hierarchy, \nthen the fair value measurement is categorized in its entirety \nin the same level of the fair value hierarchy as the lowest \nlevel input that is significant to the entire measurement.\nThe Company recognizes transfers between levels of the \nfair value hierarchy at the end of the reporting period during \nwhich the change has occurred.\nFurther information about the assumptions made in \nmeasuring fair values is included in Note 35 \u2013 Financial \ninstrument.\n2.2\tChanges \tin\tsignificant \taccounting \tpolicies\nIn the previous year the Company has initially applied Ind AS 116 \nfrom 01 April 2019. Due to the transition methods chosen by the \nCompany in applying the above standard, comparative information \nthroughout these Standalone Financial Statements has not been \nrestated to reflect the requirements of the new standard.", "start_char_idx": 3930, "end_char_idx": 4853, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ecc45485-0f9c-4dc3-a71e-da81be4d172f": {"__data__": {"id_": "ecc45485-0f9c-4dc3-a71e-da81be4d172f", "embedding": null, "metadata": {"page_label": "97", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4833e2a5-773b-4a32-8930-c6647a771a82", "node_type": null, "metadata": {"page_label": "97", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b0e1b057e7164e99cdb12fc9b2cb427f5c60bfe551f84ce8c8d39b0f3c08cc31"}, "3": {"node_id": "90893120-658e-45f3-8721-5a215699bbdb", "node_type": null, "metadata": {"page_label": "97", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cda18eb311628f8a4b8c8fcdfd83565d2e7c4b8cd007f9a72667dca575c30a94"}}, "hash": "502470f71814ffc5260fada01b447499903fb41e1d84d6981f676a3cc54f50f1", "text": "Sandhar Technologies Limited96\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nThe Company applied Ind AS 116 using the modified \nretrospective approach, under which the cumulative effect of \ninitial application is recognised in retained earnings at 1 April \n2019. Accordingly, the comparative information presented for \nthe previous year ended 31 March 2019 is not restated \u2013 i.e. it is \npresented, as previously reported, under Ind AS 17. The details \nof the changes in accounting policies are disclosed in note 2.3 \n(c).\nOn adoption of the standard, the company has recognized \n\u2018Right-of-use\u2019 assets and \u2018Lease liabilities\u2019 amounting as at 1 \nApril 2019. Operating lease expenses which were charged \nas lease rentals in the corresponding last year have now been \nrecognized in the current year as depreciation expense relating \nto the right-of-use asset and finance cost for interest accrued on \nlease liability, as required by the new standard. \nA number of other new standards and amendments are also \neffective from 01 April 2019, but they do not have a material \neffect on the Company\u2019s Standalone Financial Statements.\n2.3\tSummary \tof\tsignificant \taccounting \tpolicies\na. Property , plant and equipment\n(i) Recognitio n and Measurement\nItems of property, plant and equipment are measured \nat cost, which includes capitalized borrowing costs, less \naccumulated depreciation and accumulated impairment \nlosses, if any.\nCost of an item of property, plant and equipment includes its \npurchase price, import duties and non-refundable purchase \ntaxes, duties or levies, after deducting trade discounts and \nrebates, any other directly attributable cost of bringing \nthe asset to its working condition for its intended use and \nestimated cost of dismantling and removing the items and \nrestoring the site on which it is located. The present value \nof the expected cost for the decommissioning of an asset \nafter its use is included in the cost of the respective asset \nif the recognition criteria for a provision are met. Refer to note 2.1(iv) regarding significant accounting judgements, \nestimates and assumptions.\nThe cost of a self-constructed item of property, plant and \nequipment comprises the cost of materials and direct labor, \nany other costs directly attributable to bringing the item to \nworking condition for its intended use, and estimated costs \nof dismantling and removing the item and restoring the site \non which it is located.\nAn item of property, plant and equipment and any significant \npart initially recognized is de-recognized upon disposal or \nwhen no future economic benefits are expected from its use \nor disposal. Any gain or loss arising on de-recognition of the \nasset (calculated as the difference between the net disposal \nproceeds and the carrying amount of the asset) is included \nin the Standalone Statement of Profit and Loss when the asset is derecognized.If significant parts of an item of property, plant and equipment \nhave different useful lives, then they are accounted for as \nseparate items (major components) of property, plant and \nequipment.\nA property, plant and equipment is eliminated from the \nStandalone Financial Statements on disposal or when no \nfurther benefit is expected from its use and disposal. Assets \nretired from active use and held for disposal are generally \nstated at the lower of their net book value and net realizable \nvalue. Any gain or losses arising disposal of property, plant \nand equipment is recognized in the Standalone Statement \nof Profit and Loss.\nOnce classified as held-for-sale, property, plant and \nequipment are no longer depreciated.\nGains or losses arising from de-recognition of property, \nplant and equipment are measured as the difference \nbetween the net disposal proceeds and the carrying amount \nof the asset and are recognized in the Standalone Statement \nof", "start_char_idx": 0, "end_char_idx": 3965, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "90893120-658e-45f3-8721-5a215699bbdb": {"__data__": {"id_": "90893120-658e-45f3-8721-5a215699bbdb", "embedding": null, "metadata": {"page_label": "97", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4833e2a5-773b-4a32-8930-c6647a771a82", "node_type": null, "metadata": {"page_label": "97", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b0e1b057e7164e99cdb12fc9b2cb427f5c60bfe551f84ce8c8d39b0f3c08cc31"}, "2": {"node_id": "ecc45485-0f9c-4dc3-a71e-da81be4d172f", "node_type": null, "metadata": {"page_label": "97", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "502470f71814ffc5260fada01b447499903fb41e1d84d6981f676a3cc54f50f1"}}, "hash": "cda18eb311628f8a4b8c8fcdfd83565d2e7c4b8cd007f9a72667dca575c30a94", "text": "carrying amount \nof the asset and are recognized in the Standalone Statement \nof Profit and Loss when the asset is derecognized.\nThe residual values, useful lives and methods of depreciation \nof property, plant and equipment are reviewed at each \nfinancial year end and adjusted prospectively, if appropriate.\n(ii) Subsequent e xpenditure\nSubsequent expenditure is capitalized only if it is probable that the future economic benefits associated with the \nexpenditure will flow to the Company.\n(iii) Depreciation\nDepreciation on property, plant and equipment is calculated on \na straight-line basis to allocate their cost, net of their estimated \nresidual values, over the estimated useful lives and is recognized \nin the Standalone Statement of Profit and Loss. The identified \ncomponents are depreciated over their useful life, the remaining \nasset is depreciated over the life of the principal asset. Assets \nacquired under finance leases are depreciated over the shorter\nof the lease term and their useful lives unless it is reasonably \ncertain that the Company will obtain ownership by the end of \nthe lease term. Freehold land is not depreciated.\nLeasehold land is amortized on a straight line basis over the \nperiod of the lease which ranges between 89-99 years.\nThe Company has used the following rates to provide \ndepreciation which coincides with the rates indicated in Schedule \nII of the Act on its property, plant and equipment, except for \ntemporary erection, Computers (Servers and networks) and Non-commercial vehicles.", "start_char_idx": 3885, "end_char_idx": 5419, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "375b0332-db4d-40f7-b802-70c33e41ceed": {"__data__": {"id_": "375b0332-db4d-40f7-b802-70c33e41ceed", "embedding": null, "metadata": {"page_label": "98", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "acc01b76-37a9-4316-96c0-8df25b9605a1", "node_type": null, "metadata": {"page_label": "98", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "19e601df59c597fafca1a5434e60dbff60d2f7be9010f1b336b9fd40b868a631"}, "3": {"node_id": "ddd03903-eeb9-43c8-b40e-fa604aef9ef8", "node_type": null, "metadata": {"page_label": "98", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6da5cd99a49973ca2377c32308e137ac918906d85a35e762f7b54536feba07c7"}}, "hash": "3ea7d71716354a4d72cd73d07434a35fb85c86d7072d58ff379db62347a7516d", "text": "97\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nAsset categoryUseful lives estimated by the \nmanagement (years)\nFactory Buildings 30 years\nOther Buildings 60 years\nCarpeted RCC Roads 10 years\nTube wells 5 years\nPlant and Machinery 7.5 \u2013 15 years\nElectrical Installations 10 years\nOffice Equipment 5 years\nRacks and Bins 10 years\nFurniture & Fixtures 10 years\nCommercial Vehicles 8 years\nT ools, Moulds and Dies 6 years\nThe management has estimated, supported by independent \nassessment by technical experts, professionals, the useful lives of \nthe following classes of assets:\n\u2022 The useful lives of temporary erection is estimated 1year, \nwhich is lower than those indicated in Schedule II\n\u2022 Com puters (Servers and networks) are depreciated over the \nestimated useful lives of 3 years, which is lower than those \nindicated in Schedule II.\n\u2022 Non Commercial Vehicles are depreciated over the estimated \nuseful lives of 6 years, which is lower than those indicated in Schedule II.\nDepreciation methods, useful lives and residual values are reviewed at each financial year end and adjusted, if appropriate. \nBased on technical evaluation and consequent advice, the \nmanagement believes that its estimates of useful lives as given \nabove best represent the period over which management \nexpects to use these assets.\nDepreciation on additions (disposals) is provided on a pro-rata \nbasis i.e. from (upto) the date on which asset is ready for use \n(disposed of).\nb. Intangible assets\n(i) Recognitio n and Measurement\nIntangible assets acquired separately are measured on initial \nrecognition at cost. The cost of an item of intangible asset \ncomprises its purchase price, including import duties and \nother non-refundable taxes or levies and any attributable \ncosts of bringing the asset to its working condition for its \nintended use. Any trade discount and rebates are deducted \nin arriving at the purchase price. Following initial recognition, \nintangible assets are carried at cost less any accumulated \namortisation and accumulated impairment losses.Internally generated intangibles, excluding capitalized development costs, are not capitalized and the related \nexpenditure is reflected in the Standalone Statement of \nProfit or Loss in the period in which the expenditure is \nincurred.\nAn intangible asset is derecognized on disposal or when \nno future economic benefits are expected from its use and \ndisposal. Losses arising from retirement and gains or losses \narising from disposal of an intangible asset are measured \nas the difference between the net disposal proceeds and \nthe carrying amount of the asset and are recognized in the \nStandalone Statement of Profit and Loss.\n(ii) Subsequent e xpenditure\nSubsequent expenditure is capitalized only when it increases \nthe future economic benefits embodied in the specific asset \nto which it relates. All other expenditure is recognized in the \nStandalone Statement of Profit and Loss as incurred. \n(iii) Amortization\nThe useful lives of intangible assets are assessed as either finite or indefinite\nIntangible assets with finite lives are amortized over the \nuseful economic life and assessed for impairment whenever \nthere is an indication that the intangible asset may be \nimpaired. The amortization period and the amortization method for an intangible asset with a finite useful life are \nreviewed at the end of each reporting period. Changes \nin the expected useful life or the expected pattern of \nconsumption of future economic benefits embodied in the \nasset are considered to modify the amortization period \nor method, as appropriate, and are treated as changes \nin accounting estimates. The amortization expense on \nintangible assets is recognized in the statement of profit \nand loss unless such expenditure forms part of carrying \nvalue of another asset. Intangible assets", "start_char_idx": 0, "end_char_idx": 3971, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ddd03903-eeb9-43c8-b40e-fa604aef9ef8": {"__data__": {"id_": "ddd03903-eeb9-43c8-b40e-fa604aef9ef8", "embedding": null, "metadata": {"page_label": "98", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "acc01b76-37a9-4316-96c0-8df25b9605a1", "node_type": null, "metadata": {"page_label": "98", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "19e601df59c597fafca1a5434e60dbff60d2f7be9010f1b336b9fd40b868a631"}, "2": {"node_id": "375b0332-db4d-40f7-b802-70c33e41ceed", "node_type": null, "metadata": {"page_label": "98", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3ea7d71716354a4d72cd73d07434a35fb85c86d7072d58ff379db62347a7516d"}}, "hash": "6da5cd99a49973ca2377c32308e137ac918906d85a35e762f7b54536feba07c7", "text": "unless such expenditure forms part of carrying \nvalue of another asset. Intangible assets with indefinite \nuseful lives are not amortized, but are tested for impairment \nannually, either individually or at the cash generating unit \nlevel. The assessment of indefinite life is reviewed annually \nto determine whether the indefinite life continues to be \nsupportable. If not, the change in useful life from indefinite \nto finite is made prospective basis.\n- T echnical knowhow \nAmounts paid towards technical know-how fees \nfor specifically identified projects/products being \ndevelopment expenditure incurred towards product \ndesign is carried forward based on assessment \nof benefits arising from such expenditure. Such \nexpenditure is amortized over the period of expected \nfuture sales from the related product, i.e. the estimated \nperiod of 60 to 72 months on straight line basis \nbased on past trends, commencing from the month of \ncommencement of commercial production.", "start_char_idx": 3882, "end_char_idx": 4856, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "75fc6611-3bcc-4bca-abe3-4e3b38654e8c": {"__data__": {"id_": "75fc6611-3bcc-4bca-abe3-4e3b38654e8c", "embedding": null, "metadata": {"page_label": "99", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ad9ba7f3-c732-4865-b7d3-b46c060bc2bb", "node_type": null, "metadata": {"page_label": "99", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f4a521224a1fe91abfdf65dd8ba2107fad2f78c04e1ffad5a8bab964dad611e2"}, "3": {"node_id": "8ffdee46-267f-4a74-8db1-92b5c5e68f0d", "node_type": null, "metadata": {"page_label": "99", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bb8088982ae97252cc130e9e9a9e3c5d95d43d1d3213b6fc3f4d2627903385ac"}}, "hash": "9a7b777699af8951503ca5e6e5ab7a1961ab6c72db3f1b26d5c5da19650197ad", "text": "Sandhar Technologies Limited98\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n- Software\nSoftware purchased by the Company are amortized \non a straight line basis i.e. non-standard (customized) \nsoftware in four years and standard (non-customized) \nsoftware in five years.\n- Goodwill\nGoodwill is not amortized but is tested for impairment annually. \nGains or losses arising from derecognition of an \nintangible asset are measured as the difference \nbetween the net disposal proceeds and the carrying \namount of the asset and are recognized in the \nStandalone Statement of Profit and Loss when the asset \nis derecognized.\nAmortization method, useful lives and residual lives are \nreviewed at the end of each financial year and adjusted, if appropriate.\nc. Leases\nCompany as a lessee the Company applies a single recognition and measurement approach for all leases, \nexcept for short-term leases.\nThe Company recognises lease liabilities to make lease \npayments and right-of-use assets representing the right to \nuse the underlying assets.\ni) Rig ht-of-use assets\nThe Company recognises right-of-use assets at the \ncommencement date of the lease (i.e., the date the underlying asset is available for use). Right-of-use \nassets are measured at cost, less any accumulated \ndepreciation and impairment losses, and adjusted for \nany re-measurement of lease liabilities. The cost of right-\nof-use assets includes the amount of lease liabilities \nrecognised, initial direct costs incurred, lease payments \nmade at or before the commencement date, an estimate \nof costs to dismantle and remove the underlying asset \nor to restore the underlying asset or the site on which \nit is located less any lease incentives received. Right-of-\nuse assets are depreciated on a straight-line basis from \nthe commencement date over the shorter of the lease \nterm and the estimated useful lives of the assets.\nIf ownership of the leased asset transfers to the \nCompany at the end of the lease term or the cost reflects the exercise of a purchase option, depreciation \nis calculated using the estimated useful life of the asset.\nThe right-of-use assets are also subject to impairment. \nRefer note e for Impairment of non- financial assets.ii) Lease lia bilities\nAt the commencement date of the lease, the Company \nrecognises lease liabilities measured at the present \nvalue of lease payments to be made over the lease term. \nThe lease payments include fixed payments (including \nin-substance fixed payments) less any lease incentives \nreceivable, variable lease payments that depend on \nan index or a rate, and amounts expected to be paid \nunder residual value guarantees. The lease payments \nalso include the exercise price of a purchase option \nreasonably certain to be exercised by the Company and \npayments of penalties for terminating the lease, if the \nlease term reflects the Company exercising the option \nto terminate. Variable lease payments that do not \ndepend on an index or a rate are recognised as expenses \n(unless they are incurred to produce inventories) in the \nperiod in which the event or condition that triggers the \npayment occurs.\nIn calculating the present value of lease payments, the \nCompany uses its incremental borrowing rate at the lease commencement date because the interest rate \nimplicit in the lease is not readily determinable. After \nthe commencement date, the amount of lease liabilities \nis increased to reflect the accretion of interest and \nreduced for the lease payments made. In addition, the \ncarrying amount of lease liabilities is re-measured if \nthere is a modification, a change in the lease term, a \nchange in the lease payments (e.g., changes to future \npayments resulting from a change in an index or rate \nused to determine such lease payments) or a change in \nthe assessment of an option to purchase the underlying", "start_char_idx": 0, "end_char_idx": 3953, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "8ffdee46-267f-4a74-8db1-92b5c5e68f0d": {"__data__": {"id_": "8ffdee46-267f-4a74-8db1-92b5c5e68f0d", "embedding": null, "metadata": {"page_label": "99", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ad9ba7f3-c732-4865-b7d3-b46c060bc2bb", "node_type": null, "metadata": {"page_label": "99", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f4a521224a1fe91abfdf65dd8ba2107fad2f78c04e1ffad5a8bab964dad611e2"}, "2": {"node_id": "75fc6611-3bcc-4bca-abe3-4e3b38654e8c", "node_type": null, "metadata": {"page_label": "99", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9a7b777699af8951503ca5e6e5ab7a1961ab6c72db3f1b26d5c5da19650197ad"}}, "hash": "bb8088982ae97252cc130e9e9a9e3c5d95d43d1d3213b6fc3f4d2627903385ac", "text": "payments) or a change in \nthe assessment of an option to purchase the underlying \nasset. Lease liabilities and Right-of-use assets have been \npresented as a separate line in the balance sheet. Lease \npayments have been classified as cash used in financing \nactivities.\niii) Lease payments\nP ayments made under operating leases are generally \nrecognized in the Standalone Statement of Profit and Loss on a straight line basis over the term of the lease \nunless such payments are structured to increase in \nline with expected general inflation to compensate for \nthe lessor\u2019s expected inflationary cost increase. Lease \nincentive received are recognized as an integral part of \nthe total lease expense over the term of the lease.\nd. Borrowing Costs\nBorrowing cost includes interest and other costs (including \nexchange differences relating to foreign currency \nborrowings to the extent that they are regarded as an \nadjustment to interest costs), amortization of ancillary \ncosts incurred in connection with the arrangement of \nborrowings and exchange differences arising from foreign \ncurrency borrowings to the extent they are regarded as an \nadjustment to the interest cost.", "start_char_idx": 3873, "end_char_idx": 5048, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "31888a3a-abc1-474e-9542-dc613a53f971": {"__data__": {"id_": "31888a3a-abc1-474e-9542-dc613a53f971", "embedding": null, "metadata": {"page_label": "100", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "daa1d1e1-5300-4630-b379-91606dd0ec35", "node_type": null, "metadata": {"page_label": "100", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8e35b531240a9f69216243f6b697ab3a3710e472c523f775d73c1c22ed061be9"}, "3": {"node_id": "8c4b5f50-7758-4b66-b4ec-58c26860c34f", "node_type": null, "metadata": {"page_label": "100", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f739819acc2738b16360fa09323c2d94d759eab46ad69124402f7f97070edf00"}}, "hash": "0b984dcd63916d5a68b59dc2a8ac2bdf7f2b21eb78870f2a9965b9183fc390f0", "text": "99\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nBorrowing costs directly attributable to the acquisition, \nconstruction or production of an asset that necessarily takes \na substantial period of time to get ready for its intended use \nor sale are capitalized as part of the cost of the respective \nasset. All other borrowing costs are expensed in the period \nthey are incurred.\ne.\t Impairment \tof\tnon-financial \tassets\nThe Company assesses, at each reporting date, whether there is an indication that an asset may be impaired. If any \nindication exists, or when annual impairment testing for \nan asset is required, the Company estimates the asset\u2019s \nrecoverable amount. \nFor impairment testing, assets that do not generate \nindependent cash inflows are grouped together into cash-\ngenerating units (CGUs). Each CGU represents the smallest \nGroup of assets that generates cash inflows that are largely \nindependent of the cash inflows of other assets or CGUs.\nAn asset\u2019s recoverable amount is the higher of an individual \nasset\u2019s or cash-generating unit\u2019s (CGU) fair value less costs \nof disposal and its value in use. Recoverable amount is \ndetermined for an individual asset, unless the asset does not \ngenerate cash inflows that are largely independent of those \nfrom other assets or group of assets. When the carrying amount of an asset or CGU exceeds its recoverable amount, \nthe asset is considered impaired and is written down to its \nrecoverable amount.\nIn assessing value in use, the estimated future cash flows \nare discounted to their present value using a pre-tax \ndiscount rate that reflects current market assessments of \nthe time value of money and the risks specific to the asset. In \ndetermining fair value less costs of disposal, recent market \ntransactions are taken into account. If no such transactions \ncan be identified, an appropriate valuation model is used. \nThese calculations are corroborated by valuation multiples, \nquoted share prices for publicly traded companies or other \navailable fair value indicators.\nAfter impairment, depreciation is provided on the revised \ncarrying amount of the asset over its remaining useful life.\nThe Company bases its impairment calculation on detailed \nbudgets and forecast calculations, which are prepared \nseparately for each of the Company\u2019s CGUs to which the \nindividual assets are allocated. These budgets and forecast \ncalculations generally cover a period of five years. For longer \nperiods, a long-term growth rate is calculated and applied \nto project future cash flows after the fifth year. T o estimate \ncash flow projections beyond periods covered by the most \nrecent budgets/forecasts, the Company extrapolates cash \nflow projections in the budget using a steady or declining \ngrowth rate for subsequent years, unless an increasing \nrate can be justified. In any case, this growth rate does not \nexceed the long-term average growth rate for the products, \nindustries, or country or countries in which the entity \noperates, or for the market in which the asset is used.The Company\u2019s corporate assets do not generate \nindependent cash inflows. T o determine impairment of a \ncorporate asset, recoverable amount is determined for the \nCGUs to which the corporate asset belongs.\nAn impairment loss is recognized if the carrying amount of \nan asset or CGU exceeds its estimated recoverable amount. \nImpairment losses, if any, are recognized in the Standalone \nStatement of Profit and Loss. Impairment losses of \ncontinuing operations, including impairment on inventories, \nare recognized in the statement of profit and loss, except \nfor properties previously revalued with the revaluation \nsurplus taken to OCI. For such properties, the impairment \nis recognized in OCI up to the amount of any previous \nrevaluation", "start_char_idx": 0, "end_char_idx": 3919, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "8c4b5f50-7758-4b66-b4ec-58c26860c34f": {"__data__": {"id_": "8c4b5f50-7758-4b66-b4ec-58c26860c34f", "embedding": null, "metadata": {"page_label": "100", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "daa1d1e1-5300-4630-b379-91606dd0ec35", "node_type": null, "metadata": {"page_label": "100", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8e35b531240a9f69216243f6b697ab3a3710e472c523f775d73c1c22ed061be9"}, "2": {"node_id": "31888a3a-abc1-474e-9542-dc613a53f971", "node_type": null, "metadata": {"page_label": "100", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "0b984dcd63916d5a68b59dc2a8ac2bdf7f2b21eb78870f2a9965b9183fc390f0"}}, "hash": "f739819acc2738b16360fa09323c2d94d759eab46ad69124402f7f97070edf00", "text": "\nis recognized in OCI up to the amount of any previous \nrevaluation surplus.\nIn regard to assets for which impairment loss has been \nrecognized in prior period, the Company reviews at each \nreporting date whether there is any indication that the loss has decreased or no longer exists. An impairment loss is \nreversed if there has been a change in the estimates used \nto determine the recoverable amount. Such a reversal is made only to the extent that the asset\u2019s carrying amount does not exceed the carrying amount that would have \nbeen determined, net of depreciation or amortization, if no \nimpairment loss had been recognized.\nAn assessment is made at each reporting date to determine \nwhether there is an indication that previously recognized \nimpairment losses no longer exist or have decreased. If \nsuch indication exists, the Company estimates the asset\u2019s \nor CGU\u2019s recoverable amount. A previously recognized \nimpairment loss is reversed only if there has been a change in \nthe assumptions used to determine the asset\u2019s recoverable \namount since the last impairment loss was recognized. The \nreversal is limited so that the carrying amount of the asset \ndoes not exceed its recoverable amount, nor exceed the \ncarrying amount that would have been determined, net of \ndepreciation, had no impairment loss been recognized for \nthe asset in prior years. Such reversal is recognized in the \nStandalone Statement of Profit and Loss unless the asset is carried at a revalued amount, in which case, the reversal is \ntreated as a revaluation increase.\nGoodwill is tested for impairment annually at the CGU level, \nas appropriate, and when circumstances indicate that the \ncarrying value may be impaired.\nf. Go vernment grant\nGovernment grants are recognized where there is \nreasonable assurance that the grant will be received \nand all attached conditions will be complied with. When \nthe grant relates to an expense item, it is recognized as \nother operating revenue on a systematic basis over the \nperiods that the related costs, for which it is intended to \ncompensate, are expensed. When the grant relates to an \nasset, it is recognized as income in equal amounts over the \nexpected useful life of the related asset.", "start_char_idx": 3852, "end_char_idx": 6074, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b54d6aa9-b3e8-40d8-9e87-6548c8c346a6": {"__data__": {"id_": "b54d6aa9-b3e8-40d8-9e87-6548c8c346a6", "embedding": null, "metadata": {"page_label": "101", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9401d4f0-4d2d-4014-80dc-870e737a67f0", "node_type": null, "metadata": {"page_label": "101", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5fc27d8327bc55fd66f12b8b48c5a186850d18c9e57dc1881d53c325898b7a78"}, "3": {"node_id": "f738b9de-f0a3-4c6a-96df-64de73bdce39", "node_type": null, "metadata": {"page_label": "101", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b9bc723001de0dcee2c5d58aa716522e48caa157407bc8899328e6bd1db936f6"}}, "hash": "b81835699ea962d7d25247b9090a7bd2bc216d9849fe5b1f335c6ee612faccc0", "text": "Sandhar Technologies Limited100\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nWhen the Company receives grants of non-monetary \nassets, the asset and the grant are recorded at fair value \namounts and released to profit or loss over the expected \nuseful life in a pattern of consumption of the benefit of the \nunderlying asset i.e. by equal annual instalments.\ng. Inventories\nInventories which includes raw materials, components, \nstores, work in progress, finished goods and spares are \nvalued at the lower of cost and net realizable value. \nHowever, raw materials, components and other items held \nfor use in the production of inventories are not written \ndown below cost if the finished products in which they will \nbe incorporated are expected to be sold at or above cost \nor in cases where material prices have declined and it is \nestimated that the cost of the finished products will exceed \ntheir net realisable value.\n Costs incurred in bringing each product to its present \nlocation and condition are accounted for as follows:\n\u2022 Ra w materials and components: Cost includes cost \nof purchase and other costs incurred in bringing the inventories to their present location and condition. \nCost of raw material, components, stores and spares is \ndetermined on first in, first out basis.\n\u2022 Finished goods and work in progress: Cost includes \ncost of direct materials and labour and a proportion of manufacturing overheads based on the normal \noperating capacity. Cost is determined on first in, first \nout basis. \nNet realizable value is the estimated selling price in the ordinary course of business, less estimated costs of \ncompletion and the estimated costs necessary to make \nthe sale. The net realizable value of work-in-progress is \ndetermined with reference to the selling prices of related \nfinished products.\nThe comparison of cost and net realizable value is made on an \nitem-by-item basis.\nh. F oreign currency transactions\nTransactions in foreign currencies are initially recorded by the Company at functional currency spot rates at the \ndate the transaction first qualifies for recognition or an \naverage rate if the average rate approximates the actual \nrate at the date of the transaction. Monetary assets and \nliabilities denominated in foreign currencies are translated \nat the functional currency spot rates of exchange at the \nreporting date. Exchange differences arising on settlement \nor translation of monetary items are recognized in the \nStandalone Statement of Profit and Loss.\nNon-monetary items that are measured in terms of \nhistorical cost in a foreign currency are translated using \nthe exchange rates at the dates of the initial transactions. \nNon-monetary items measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value is determined. The gain or loss arising on \ntranslation of non-monetary items measured at fair value is \ntreated in line with the recognition of the gain or loss on the \nchange in fair value of the item (i.e., translation differences \non items whose fair value gain or loss is recognized in OCI or \nthe statement of profit and loss are also recognized in OCI \nor the statement of profit and loss, respectively).\ni. Revenue\nRevenue is recognized to the extent that it is probable that the economic benefits will flow to the Company and the \nrevenue can be reliably measured, regardless of when the \npayment is being made. Revenue is measured at the fair \nvalue of the consideration received or receivable, taking \ninto account contractually defined terms of payment \nand excluding taxes or duties collected on behalf of the \ngovernment. \nHowever, Goods and Services T ax (GST) is not received by \nthe Company on its own account. Rather, it is tax collected \non value added to the commodity by the seller on behalf of \nthe government. Accordingly, it is excluded from revenue.\nThe specific recognition criteria described below must also \nbe met before revenue is recognized.\nSale of goods\nThe Company recognized revenue when (or as) a \nperformance obligation was satisfied, i.e. when \u2018control\u2019 of", "start_char_idx": 0, "end_char_idx": 4222, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f738b9de-f0a3-4c6a-96df-64de73bdce39": {"__data__": {"id_": "f738b9de-f0a3-4c6a-96df-64de73bdce39", "embedding": null, "metadata": {"page_label": "101", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9401d4f0-4d2d-4014-80dc-870e737a67f0", "node_type": null, "metadata": {"page_label": "101", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5fc27d8327bc55fd66f12b8b48c5a186850d18c9e57dc1881d53c325898b7a78"}, "2": {"node_id": "b54d6aa9-b3e8-40d8-9e87-6548c8c346a6", "node_type": null, "metadata": {"page_label": "101", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b81835699ea962d7d25247b9090a7bd2bc216d9849fe5b1f335c6ee612faccc0"}}, "hash": "b9bc723001de0dcee2c5d58aa716522e48caa157407bc8899328e6bd1db936f6", "text": "obligation was satisfied, i.e. when \u2018control\u2019 of \nthe goods underlying the particular performance obligation \nwere transferred to the customer.\nFurther, revenue from sale of goods is recognized based on \na 5-Step Methodology which is as follows:\nStep 1: Identify the contract(s) with a customer\nStep 2: Identify the performance obligation in contractStep 3: Determine the transaction price\nStep 4: Allocate the transaction price to the performance \nobligations in the contract\nStep 5: Recognise revenue when (or as) the entity satisfies a \nperformance obligation\nRevenue is measured based on the transaction price, which \nis the consideration, adjusted for volume discounts, service \nlevel credits, performance bonuses, price concessions \nand incentives, if any, as specified in the contract with the \ncustomer. Revenue also excludes taxes collected from \ncustomers.", "start_char_idx": 4174, "end_char_idx": 5040, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "bae6113c-db7c-4fd6-840e-204e488371c0": {"__data__": {"id_": "bae6113c-db7c-4fd6-840e-204e488371c0", "embedding": null, "metadata": {"page_label": "102", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "6d3849fc-440b-4ee0-b14a-15ce7336554e", "node_type": null, "metadata": {"page_label": "102", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "29b65e65cf1548a104f6bc355046fbdfd755b67f81be3d362e4e1ae3b614d6f8"}, "3": {"node_id": "ed8179a5-1c7e-43d0-bc2e-bd6113ddcfc1", "node_type": null, "metadata": {"page_label": "102", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6d4e5feccb89c7f006ff9292fea9880ce2136c356d838d48f9a05436a161cb40"}}, "hash": "e1dad2cdc3d6c3d405a7f18d0e65bc7113553cb7c94d7aeeb719e3dd2aef3094", "text": "101\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nContract assets are recognised when there is excess of \nrevenue earned over billings on contracts. Contract assets \nare classified as unbilled receivables (only act of invoicing is \npending) when there is unconditional right to receive cash, \nand only passage of time is required, as per contractual \nterms.\nUnearned or deferred revenue is recognised when there is \nbillings in excess of revenues.\nContracts are subject to modification to account for changes \nin contract specification and requirements. The Company \nreviews modification to contract in conjunction with the \noriginal contract, basis which the transaction price could be \nallocated to a new performance obligation, or transaction \nprice of an existing obligation could undergo a change. In \nthe event transaction price is revised for existing obligation, \na cumulative adjustment is accounted for.\nUse of significant judgements in revenue recognition:\na) The Company\u2019s contracts with customers could \ninclude promises to transfer products to a customer. \nThe Company assesses the products promised in a \ncontract and identifies distinct performance obligations \nin the contract. Identification of distinct performance \nobligation involves judgement to determine the \ndeliverables and the ability of the customer to benefit \nindependently from such deliverables.\nb) Judgem ent is also required to determine the transaction \nprice for the contract. The transaction price could be \neither a fixed amount of customer consideration or \nvariable consideration with elements such as volume \ndiscounts, service level credits, performance bonuses, \nprice concessions and incentives. The transaction \nprice is also adjusted for the effects of the time value \nof money if the contract includes a significant financing \ncomponent. Any consideration payable to the customer \nis adjusted to the transaction price, unless it is a payment \nfor a distinct product or service from the customer. \nThe estimated amount of variable consideration is \nadjusted in the transaction price only to the extent \nthat it is highly probable that a significant reversal in \nthe amount of cumulative revenue recognised will not \noccur and is reassessed at the end of each reporting \nperiod. The Company allocates the elements of variable \nconsiderations to all the performance obligations of the \ncontract unless there is observable evidence that they pertain to one or more distinct performance obligations.\nc) The Company uses judgement to determine an \nappropriate standalone selling price for a performance obligation. The Company allocates the transaction price \nto each performance obligation on the basis of the \nrelative standalone selling price of each distinct product \nor service promised in the contract.d) The Company exercises judgement in determining \nwhether the performance obligation is satisfied at a \npoint in time or over a period of time. The Company \nconsiders indicators such as how customer consumes \nbenefits as services are rendered or who controls the \nasset as it is being created or existence of enforceable \nright to payment for performance to date and alternate \nuse of such product or service, transfer of significant \nrisks and rewards to the customer, acceptance of \ndelivery by the customer, etc.\nRendering of services\nRevenue from services rendered is recognized in profit \nor loss in proportion to the stage of completion of the \ntransaction at the reporting date. The stage of completion is \nassessed by reference to surveys of work performed.\nJob work and development charges are recognized upon full \ncompletion of the job work and development services and \nwhen all the significant risks and rewards of ownership of \nthe goods have been passed to the buyer, on delivery of the \ngoods and no significant uncertainty exists regarding the \ncollection of the consideration.\nInterest incomeFor all debt instruments measured either at amortized cost \nor at fair value through other comprehensive income, interest \nincome is recorded using the effective interest rate (EIR). EIR \nis the rate that exactly discounts the estimated future cash \npayments or receipts over the", "start_char_idx": 0, "end_char_idx": 4322, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ed8179a5-1c7e-43d0-bc2e-bd6113ddcfc1": {"__data__": {"id_": "ed8179a5-1c7e-43d0-bc2e-bd6113ddcfc1", "embedding": null, "metadata": {"page_label": "102", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "6d3849fc-440b-4ee0-b14a-15ce7336554e", "node_type": null, "metadata": {"page_label": "102", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "29b65e65cf1548a104f6bc355046fbdfd755b67f81be3d362e4e1ae3b614d6f8"}, "2": {"node_id": "bae6113c-db7c-4fd6-840e-204e488371c0", "node_type": null, "metadata": {"page_label": "102", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e1dad2cdc3d6c3d405a7f18d0e65bc7113553cb7c94d7aeeb719e3dd2aef3094"}}, "hash": "6d4e5feccb89c7f006ff9292fea9880ce2136c356d838d48f9a05436a161cb40", "text": "exactly discounts the estimated future cash \npayments or receipts over the expected life of the financial \ninstrument or a shorter period, where appropriate, to the gross carrying amount of the financial asset or to the amortized cost of \na financial liability. When calculating the effective interest rate, \nthe Company estimates the expected cash flows by considering \nall the contractual terms of the financial instrument (for example, \nprepayment, extension, call and similar options) but does not \nconsider the expected credit losses. Interest income is included \nin the statement of profit and loss.\nDividendsRevenue is recognized when the Company\u2019s right to receive \nthe payment is established by the reporting date.\nj. Income tax\nIncome tax expense comprises current and deferred tax. It \nis recognized in the Standalone Statement of Profit and Loss \nexcept to the extent that it relates to a business combination \nor to an item recognized directly in equity or in other \ncomprehensive income.", "start_char_idx": 4248, "end_char_idx": 5249, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d618a7ab-73c3-49dc-a479-dcae40a88075": {"__data__": {"id_": "d618a7ab-73c3-49dc-a479-dcae40a88075", "embedding": null, "metadata": {"page_label": "103", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "bf5d7320-5e95-4b65-8fc5-bbcda6081dd4", "node_type": null, "metadata": {"page_label": "103", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cbbb9a377597f24a510520195bfd2d80f68fe708cb1572b34e63ec8109fc43cd"}, "3": {"node_id": "e39a285d-502d-436c-956c-b380c4d329d0", "node_type": null, "metadata": {"page_label": "103", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f5053a3ede5ea294a48223ebf8606d6d5cde51fe4f4550f8597c1406e83a3384"}}, "hash": "cc1798ad03ba1893c3fe50cc752b7566bf0ee64aa8036eb676e8c21918421a92", "text": "Sandhar Technologies Limited102\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nCurrent tax\nCurrent tax comprises the expected tax payable or \nreceivable on the taxable income or loss for the year and \nany adjustment to the tax payable or receivable in respect of \nprevious years. The amount of current tax reflects the best \nestimate of the tax amount expected to be paid or received \nafter considering the uncertainty, if any, related to income \ntaxes.\nCurrent income tax assets and liabilities are measured \nat the amount expected to be recovered from or paid to \nthe taxation authorities. The tax rates and tax laws used \nto compute the amount are those that are enacted or \nsubstantively enacted, at the reporting date.\nCurrent income tax relating to items recognized outside \nprofit or loss is recognized outside profit or loss (either \nin other comprehensive income or in equity). Current \ntax items are recognized in correlation to the underlying \ntransaction either in OCI or directly in equity. Management \nperiodically evaluates positions taken in the tax returns with \nrespect to situations in which applicable tax regulations are \nsubject to interpretation and establishes provisions where \nappropriate.\nCurrent tax assets and current tax liabilities are offset only if \nthere is a legally enforceable right to set off the recognized \namounts, and it is intended to realise the asset and settle the \nliability on a net basis or simultaneously.\nDeferred tax\nDeferred tax is provided using the Balance sheet method on \ntemporary differences between the tax bases of assets and \nliabilities and their carrying amounts for financial reporting \npurposes at the reporting date.\nDeferred tax liabilities are recognized for all taxable \ntemporary differences.\nIn the situations where the Company is entitled to a tax \nholiday under the Income T ax Act, 1961 enacted in India or \ntax laws prevailing in the respective tax jurisdictions where \nit operates, no deferred tax asset is recognized in respect of \ntiming differences which are reversed during the tax holiday \nperiod, to the extent the Company\u2019s gross total income \nis subject to the deduction during the tax holiday period. \nDeferred tax in respect of timing differences which reverse \nafter the tax holiday period is recognized in the year in which \nthe timing differences originate. However, the Company \nrestricts recognition of deferred tax assets to the extent \nthat it has become reasonably certain that sufficient future \ntaxable income will be available against which such deferred \ntax assets can be realized. For recognition of deferred taxes, \nthe timing differences which originate first are considered \nto reverse first.Deferred tax assets are recognized on carry forward of \nunused tax credits and any unused tax losses.\nDeferred tax assets are recognized to the extent that it is \nprobable that future taxable profits will be available against \nwhich they can be used. The existence of unused tax losses \nis strong evidence that future taxable profit may not be \navailable. Therefore, in case of a history of recent losses, the \nCompany recognizes a deferred tax asset only to the extent \nthat it has sufficient taxable temporary differences or there \nis convincing other evidence that sufficient taxable profit \nwill be available against which such deferred tax asset can be \nrealized. Deferred tax assets \u2013 unrecognized or recognized, \nare reviewed at each reporting date and are recognized/ \nreduced to the extent that it is probable/ no longer probable \nrespectively that the related tax benefit will be realized.\nDeferred tax assets and liabilities are measured at the tax \nrates that are expected to apply in the year when the asset \nis realized or the liability is settled, based on tax rates (and \ntax laws) that have been enacted or substantively enacted at \nthe reporting date.\nThe measurement of deferred tax reflects the tax \nconsequences that would follow from the manner in which \nthe Company expects, at the reporting date, to recover or \nsettle the carrying amount of its assets and liabilities.\nDeferred tax relating to items recognized outside profit \nor loss is recognized outside", "start_char_idx": 0, "end_char_idx": 4288, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e39a285d-502d-436c-956c-b380c4d329d0": {"__data__": {"id_": "e39a285d-502d-436c-956c-b380c4d329d0", "embedding": null, "metadata": {"page_label": "103", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "bf5d7320-5e95-4b65-8fc5-bbcda6081dd4", "node_type": null, "metadata": {"page_label": "103", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cbbb9a377597f24a510520195bfd2d80f68fe708cb1572b34e63ec8109fc43cd"}, "2": {"node_id": "d618a7ab-73c3-49dc-a479-dcae40a88075", "node_type": null, "metadata": {"page_label": "103", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cc1798ad03ba1893c3fe50cc752b7566bf0ee64aa8036eb676e8c21918421a92"}}, "hash": "f5053a3ede5ea294a48223ebf8606d6d5cde51fe4f4550f8597c1406e83a3384", "text": "tax relating to items recognized outside profit \nor loss is recognized outside profit or loss (either in other \ncomprehensive income or in equity). Deferred tax items \nare recognized in correlation to the underlying transaction \neither in OCI or directly in equity.\nDeferred tax assets and deferred tax liabilities are offset if a \nlegally enforceable right exists to set off current tax assets \nagainst current tax liabilities and they relate to income taxes \nlevied by the same tax authority on the same taxable entity, \nor on different tax entities, but they intend to settle current \ntax liabilities and assets on a net basis or their tax assets and \nliabilities will be realized simultaneously.\nMinimum alternate tax (MAT) paid in a year is charged to the \nstatement of profit and loss as current tax. The Company \nrecognizes MAT credit available as an asset only to the \nextent that there is convincing evidence that the Company \nwill pay normal income tax during the specified period, i.e., \nthe period for which MAT credit is allowed to be carried \nforward. In the year in which the Company recognizes MAT \ncredit as an asset in accordance with the Guidance Note \non Accounting for Credit Available in respect of Minimum \nAlternative T ax under the Income-tax Act, 1961, the said \nasset is created by way of credit to the statement of profit \nand loss and shown as \u201cMAT Credit Entitlement. \u201d The \nCompany reviews the \u201cMAT credit entitlement\u201d asset at \neach reporting date and writes down the asset to the extent \nthe Company does not have convincing evidence that it will \npay normal tax during the specified period.", "start_char_idx": 4210, "end_char_idx": 5834, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a6e20f71-7153-4ad0-9865-0362faa257be": {"__data__": {"id_": "a6e20f71-7153-4ad0-9865-0362faa257be", "embedding": null, "metadata": {"page_label": "104", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0f7ee13c-35c0-4b39-8eb3-2e4d1db352b3", "node_type": null, "metadata": {"page_label": "104", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "802d9faf9176cd14c252be307d4a7b94b3b25b3445e30cddd1ce545995c35813"}, "3": {"node_id": "41e3cb20-f409-4b57-8fa0-8e33807086cd", "node_type": null, "metadata": {"page_label": "104", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ea954bd44386726501e04d94584edd6a41c90f246b91bbe4a797029d8576d578"}}, "hash": "45264deafbb1c940c8c2292b13897737bb749ea0973a406fd951641871beb212", "text": "103\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nk. Segment reporting\nBasis fo r segmentation\nAn operating segment is a component of the Company \nthat engages in business activities from which it may \nearn revenues and incur expenses, including revenues \nand expenses that relate to transactions with any of the \nCompany\u2019s other components, and for which discrete \nfinancial information is available. The Company is primarily \nengaged in the manufacturing and assembling of automotive \ncomponents for the automotive industry. All operating \nsegments\u2019 operating results are reviewed regularly by the \nCompany\u2019s Chief Operating Decision Maker (\u201cCODM\u201d) \nto make decisions about resources to be allocated to the \nsegments and assess their performance. CODM believes \nthat these are governed by same set of risk and returns \nhence CODM reviews as one balance sheet component. \nl. Earnings per share (EPS)\nBasic earnings / (loss) per share are calculated by dividing the Profit or Loss for the year attributable to the shareholders \nof the Company by the weighted average number of equity \nshares outstanding at the end of the reporting period. The \nweighted average number of equity shares outstanding \nduring the year is adjusted for events of bonus issue, if any, \nthat have changed the number of equity shares outstanding, \nwithout a corresponding change in resources. \nFor the purpose of calculating diluted earning per share, the \nprofit or loss for the year attributable to equity shareholders \nand the weighted average number of shares outstanding \nduring the period are adjusted for the effects of all dilutive \npotential equity shares except where the results will be anti-\ndilutive.\nm.\tProvisions \t(Other\tthan\temployee \tbenefits)\nGeneral provisions\nProvisions are recognized when the Company has a present \nobligation (legal or constructive) as a result of a past event, \nit is probable that an outflow of resources embodying \neconomic benefits will be required to settle the obligation \nand a reliable estimate can be made of the amount of the \nobligation. When the Company expects some or all of \na provision to be reimbursed the expense relating to a \nprovision is presented in the statement of profit and loss \nnet of any reimbursement. Provisions are determined by \ndiscounting the expected future cash flows (representing \nthe best estimate of the expenditure required to settle the \npresent obligation at the balance sheet date) at a pre-tax \nrate that reflects current market assessments of the time value of money and the risks specific to the liability. The \nunwinding of the discount is recognized as finance cost. \nExpected future operating losses are not provided for.If the effect of the time value of money is material, provisions are discounted using a current pre-tax rate that reflects, \nwhen appropriate, the risks specific to the liability. When \ndiscounting is used, the increase in the provision due to the \npassage of time is recognized as a finance cost.\nWarranty provisions  \nProvision for warranty related costs are recognized when \nthe product is sold or service provided and is based on \nhistorical experience. The provision is based on technical \nevaluation/ historical warranty data and after weighting of \nall possible outcomes by their associated probabilities. The \nestimate of such warranty related costs is revised annually. \nWhere the effect of the time value of money is material, the \namount of a provision is the present value of the expenditure \nexpected to be required to settle the obligation.\nContingent liability\nA contingent liability is a possible obligation that arises \nfrom past events whose existence will be confirmed by the \noccurrence or non-occurrence of one or more uncertain \nfuture events beyond the control of the company or a \npresent obligation that arises from past events where it \nis either not probable that an outflow of resources", "start_char_idx": 0, "end_char_idx": 4034, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "41e3cb20-f409-4b57-8fa0-8e33807086cd": {"__data__": {"id_": "41e3cb20-f409-4b57-8fa0-8e33807086cd", "embedding": null, "metadata": {"page_label": "104", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0f7ee13c-35c0-4b39-8eb3-2e4d1db352b3", "node_type": null, "metadata": {"page_label": "104", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "802d9faf9176cd14c252be307d4a7b94b3b25b3445e30cddd1ce545995c35813"}, "2": {"node_id": "a6e20f71-7153-4ad0-9865-0362faa257be", "node_type": null, "metadata": {"page_label": "104", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "45264deafbb1c940c8c2292b13897737bb749ea0973a406fd951641871beb212"}}, "hash": "ea954bd44386726501e04d94584edd6a41c90f246b91bbe4a797029d8576d578", "text": "that arises from past events where it \nis either not probable that an outflow of resources will be required to settle or a reliable estimate of the amount cannot \nbe made. A contingent liability also arises in extremely rare \ncases where there is a liability that cannot be recognized \nbecause it cannot be measured reliably.\nn.\t Employee \tbenefits\ni.\t Short-term \temployee \tbenefits\nAll employee benefits payable wholly within twelve months \nof receiving employee services are classified as short-term \nemployee benefits. These benefits include salaries and \nwages, bonus and ex-gratia. Short-term employee benefit \nobligations are measured on an undiscounted basis and \nare expensed as the related service is provided. A liability \nis recognized for the amount expected to be paid, if the \nCompany has a present legal or constructive obligation to \npay the amount as a result of past service provided by the \nemployee, and the amount of obligation can be estimated \nreliably.\nii.\t Defined \tcontribution \tplans\nA defined contribution plan is a post-employment benefit \nplan under which an entity pays fixed contributions into \na separate entity and will have no legal or constructive \nobligation to pay further amounts. The Company makes \nspecified monthly contributions to the Regional Provident \nFund Commissioner towards provident fund and employee \nstate insurance scheme (\u2018ESI\u2019). Obligations for contributions \nto defined contribution plans are recognized as an employee \nbenefit expense in the Statement of Profit and Loss in the \nperiods during which the related services are rendered by \nemployees. If the contribution payable to the scheme for \nservice received before the balance sheet date exceeds the", "start_char_idx": 3944, "end_char_idx": 5657, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "570ede75-fa06-4a44-9034-9d78ca7c0b98": {"__data__": {"id_": "570ede75-fa06-4a44-9034-9d78ca7c0b98", "embedding": null, "metadata": {"page_label": "105", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "42b8d7c1-9c78-4a27-a028-936015c8675e", "node_type": null, "metadata": {"page_label": "105", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f3331443b65603c91018c449b765eb73103b8bbeee47d6298ea281c04703a47b"}, "3": {"node_id": "4a6b2049-e822-4caa-967d-e8ed3d75a4a9", "node_type": null, "metadata": {"page_label": "105", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cf0723c7faea95995ffd430810640bc1208fd276d01d8a9fa3ded8dcfbe6bec0"}}, "hash": "8b3a489935e964d9a9de7b34a961816b62b60fea5809ed577a9ec0aab960d7c9", "text": "Sandhar Technologies Limited104\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\ncontribution already paid, the deficit payable to the scheme \nis recognized as a liability after deducting the contribution \nalready paid. If the contribution already paid exceeds the \ncontribution due for services received before the balance \nsheet date, then excess is recognized as an asset to the \nextent that the pre-payment will lead to, for example, a \nreduction in future payment or a cash refund.\niii.\t Defined \tbenefit\tplans\nThe Company operates a defined benefit gratuity plan, \nwhich requires contributions to be made to Kotak Mahindra \nOld Mutual Life Insurance Limited and LIC of India. There \nare no other obligations other than the contribution payable \nto the respective trust. \nThe Company has an obligation towards gratuity, a defined \nbenefit retirement plan covering eligible employees. The \nplan provides for a lump sum payment to vested employees \nat retirement, death while in employment or on termination \nof employment of an amount based on the respective \nemployee\u2019s salary and the tenure of employment. Vesting \noccurs upon completion of five years of service.\nA defined benefit plan is a post-employment benefit plan \nother than a defined contribution plan. The Company\u2019s net \nobligation in respect of defined benefit plans is calculated \nby estimating the amount of future benefit that employees \nhave earned in the current and prior periods, discounting \nthat amount and deducting the fair value of any plan assets.\nThe calculation of defined benefit obligation is performed \nannually by a qualified actuary using the projected unit \ncredit method, which recognizes each year of service as \ngiving rise to additional unit of employee benefit entitlement \nand measure each unit separately to build up the final obligation. The obligation is measured at the present value \nof estimated future cash flows. The discount rates used for \ndetermining the present value of obligation under defined \nbenefit plans, is based on the market yields on Government \nsecurities as at the Balance Sheet date, having maturity \nperiods approximating to the terms of related obligations. \nRe-measurements, comprising of actuarial gains and losses, \nthe effect of the asset ceiling, excluding amounts included \nin net interest on the net defined benefit liability and the \nreturn on plan assets (excluding amounts included in net \ninterest on the net defined benefit liability), are recognized \nimmediately in the balance sheet with a corresponding debit \nor credit to retained earnings through OCI in the period in \nwhich they occur. Re-measurements are not reclassified to \nprofit or loss in subsequent periods.Past service costs are recognized in profit or loss on the \nearlier of:\n\u2022 The date of the pla n amendment or curtailment, and\n\u2022 The date that the Company recognizes related \nrestructuring costs\nNet interest is calculated by applying the discount rate to the net defined benefit liability or asset. The Company \nrecognizes the following changes in the net defined benefit \nobligation as an expense in the statement of profit and loss:\n\u2022 Service costs comprising current service costs, past-\nservice costs, gains and losses on curtailments and non-\nroutine settlements; and \n\u2022 Net int erest expense or income\niv.\t Other \tlong\tterm\temployee \tbenefits\nCompensated absences\nThe employees can carry-forward a portion of the unutilized \naccrued compensated absences and utilize it in future service periods or receive cash compensation on termination of \nemployment. Since the compensated absences do not fall due \nwholly within twelve months after the end of the period in \nwhich the employees render the related service and are also \nnot expected to be utilized wholly within twelve months after \nthe end of such period, the benefit is classified as a long-term \nemployee benefit. The Company records an obligation for such \ncompensated absences in the period in which the employee \nrenders the services that increase this", "start_char_idx": 0, "end_char_idx": 4130, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4a6b2049-e822-4caa-967d-e8ed3d75a4a9": {"__data__": {"id_": "4a6b2049-e822-4caa-967d-e8ed3d75a4a9", "embedding": null, "metadata": {"page_label": "105", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "42b8d7c1-9c78-4a27-a028-936015c8675e", "node_type": null, "metadata": {"page_label": "105", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f3331443b65603c91018c449b765eb73103b8bbeee47d6298ea281c04703a47b"}, "2": {"node_id": "570ede75-fa06-4a44-9034-9d78ca7c0b98", "node_type": null, "metadata": {"page_label": "105", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8b3a489935e964d9a9de7b34a961816b62b60fea5809ed577a9ec0aab960d7c9"}}, "hash": "cf0723c7faea95995ffd430810640bc1208fd276d01d8a9fa3ded8dcfbe6bec0", "text": "absences in the period in which the employee \nrenders the services that increase this entitlement. The \nobligation is measured on the basis of independent actuarial \nvaluation using the projected unit credit method.\nAs per the compensated absence encashment policy, the \nCompany does not have an unconditional right to defer the compensated absence of employees, accordingly the \nentire compensated absence obligation as determined by an \nindependent actuary has been classified as current liability as at \nthe period/ year end.\no. Financial instruments\nA financial instrument is any contract that gives rise to a \nfinancial asset of one entity and a financial liability or equity \ninstrument of another entity.\ni. Recognitio n and initial measurement\nTrade receivables and debt securities are initially \nrecognized when they are originated. All other financial \nassets and financial liabilities are initially recognized when \nthe Company becomes a party to the contractual provisions \nof the instrument.\nA financial asset or financial liability is initially measured \nat fair value plus, for an item not at fair value through \nprofit and loss (\u2018FVTPL \u2019), transaction costs that are directly \nattributable to its acquisition or issue.", "start_char_idx": 4045, "end_char_idx": 5279, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c5309c91-236b-48c1-b58c-cacaaef1c4ad": {"__data__": {"id_": "c5309c91-236b-48c1-b58c-cacaaef1c4ad", "embedding": null, "metadata": {"page_label": "106", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4f841ef2-aafe-4cd7-8f16-6d34f053c782", "node_type": null, "metadata": {"page_label": "106", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "fa7a93e4fab5c84211b9b65730b8dbd7dc7f81fe29d6297395d1260ad27be7bb"}, "3": {"node_id": "41a4662d-9a65-49a0-9dba-690cfbd4d7ca", "node_type": null, "metadata": {"page_label": "106", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2eedea34c767db4809236d1b56735562a9a9257dfa3bb7f604de93f1a540a065"}}, "hash": "22f487ecdaba83df650323f8365f1fa714382ae0d158e9bec87739093be0414b", "text": "105\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nii.\t Classification \tand\tsubsequent \tmeasurement\nFinancial assets\nOn initial recognition, a financial asset is classified as \nmeasured at:\n- Amortized cost;\n- Fair Value through Other Comprehensive Income \n(\u2018FVOCI\u2019) \u2013 debt instrument;\n- FV OCI \u2013 equity investment; or\n- FVTPL\nFinancial assets are not reclassified subsequent to their \ninitial recognition, except if and in the period the Company \nchanges its business model for managing financial assets.\nA financial asset is measured at amortized cost if it meets \nboth of the following conditions and is not designated as at \nFVTPL:\n- the asset is held within a business model whose \nobjective is to hold assets to collect contractual cash flows; and\n- the contractual terms of the financial asset give rise on \nspecified dates to cash flows that are solely payments of principal and interest (SPPI) on the principal amount \noutstanding. \nThis category is the most relevant to the Company. After initial measurement, such financial assets are subsequently \nmeasured at amortized cost using the effective interest \nrate (EIR) method. Amortized cost is calculated by taking \ninto account any discount or premium on acquisition and \nfees or costs that are an integral part of the EIR. The EIR \namortisation is included in finance income in the profit or \nloss. The losses arising from impairment are recognized in \nthe profit or loss. This category generally applies to trade \nand other receivables. Company has recognized financial \nassets viz. security deposit, trade receivables, employee advances at amortized cost.\nA debt instrument is measured at FVOCI if it meets both of \nthe following conditions and is not designated as at FVTPL:\n- the asset is held within a business model whose \nobjective is achieved by both collecting contractual cash flows and selling financial assets; and\n- the contractual terms of the financial asset give rise on \nspecified dates to cash flows that are solely payments of principal and interest (SPPI) on the principal amount \noutstanding.\nDebt instruments included within the FVTOCI category are measured initially as well as at each reporting date at fair \nvalue. Fair value movements are recognized in the other comprehensive income (OCI). However, the Company recognizes interest income, impairment losses & reversals \nand foreign exchange gain or loss in the Statement of Profit \nand Loss. On de-recognition of the asset, cumulative gain or \nloss previously recognized in OCI is re-classified from the \nequity to Standalone Statement of Profit and Loss. Interest \nearned whilst holding FVTOCI debt instrument is reported \nas interest income using the EIR method.\nOn initial recognition of an equity investment that is not held \nfor trading, the Company may irrevocably elect to present \nsubsequent changes in the investment\u2019s fair value in OCI \n(designated as FVOCI \u2013 equity investment). This election is made on an investment-by-investment basis.\nAll financial assets not classified as measured at amortized \ncost or FVOCI as described above are measured at FVTPL. \nThis includes all derivative financial assets. On initial \nrecognition, the Company may irrevocably designate a \nfinancial asset that otherwise meets the requirements to \nbe measured at amortized cost or at FVOCI as at FVTPL if \ndoing so eliminates or significantly reduces an accounting \nmismatch that would otherwise arise.\nEquity investments\nAll equity investments in scope of Ind AS 109 are measured \nat fair value. Equity instruments which are held for trading \nand contingent consideration recognised by an acquirer \nin a business combination to which Ind AS 103 applies are \nclassified as at FVPL. For all other equity instruments, the \nCompany may make an", "start_char_idx": 0, "end_char_idx": 3903, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "41a4662d-9a65-49a0-9dba-690cfbd4d7ca": {"__data__": {"id_": "41a4662d-9a65-49a0-9dba-690cfbd4d7ca", "embedding": null, "metadata": {"page_label": "106", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4f841ef2-aafe-4cd7-8f16-6d34f053c782", "node_type": null, "metadata": {"page_label": "106", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "fa7a93e4fab5c84211b9b65730b8dbd7dc7f81fe29d6297395d1260ad27be7bb"}, "2": {"node_id": "c5309c91-236b-48c1-b58c-cacaaef1c4ad", "node_type": null, "metadata": {"page_label": "106", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "22f487ecdaba83df650323f8365f1fa714382ae0d158e9bec87739093be0414b"}}, "hash": "2eedea34c767db4809236d1b56735562a9a9257dfa3bb7f604de93f1a540a065", "text": "at FVPL. For all other equity instruments, the \nCompany may make an irrevocable election to present in \nother comprehensive income subsequent changes in the fair \nvalue. The Company makes such election on an instrument \nby-instrument basis. The classification is made on initial \nrecognition and is irrevocable.\nIf the Company decides to classify an equity instrument \nas at FVOCI, then all fair value changes on the instrument, \nexcluding dividends, are recognised in the OCI. There is \nno recycling of the amounts from OCI to the Statement of Profit and Loss, even on sale of investment. However, the \nCompany may transfer the cumulative gain or loss within \nequity.\nEquity instruments included within the FVPL category are \nmeasured at fair value with all changes recognised in the \nStandalone Statement of Profit and Loss.\nInvestments in joint ventures\nInvestments in joint ventures are carried at cost less \naccumulated impairment losses, if any. Where an indication \nof impairment exists, the carrying amount of the investment \nis assessed and written down immediately to its recoverable amount. On disposal of investments in joint ventures, the", "start_char_idx": 3836, "end_char_idx": 4987, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6ebb1f6e-033a-46e9-bd54-c95dc827b948": {"__data__": {"id_": "6ebb1f6e-033a-46e9-bd54-c95dc827b948", "embedding": null, "metadata": {"page_label": "107", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e70af14a-439b-4180-87d1-4eaa23f9b975", "node_type": null, "metadata": {"page_label": "107", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4ee446e63646bc0c92e6bcf4f3a8cd604867ec469b526879f963198b74afc258"}, "3": {"node_id": "c939d733-668f-4ca1-9fe7-73d82741a433", "node_type": null, "metadata": {"page_label": "107", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a64938635df2bd0f42627054eb3e39949d27877ac6677a56722dbc11b6de7fa7"}}, "hash": "96bf01047824ed1ad5739958d2d48595690c8c7b1107616a14a755a32e589f2e", "text": "Sandhar Technologies Limited106\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\ndifference between net disposal proceeds and the carrying \namounts are recognized in the Standalone Statement of \nProfit and Loss.\nInvestments in subsidiaries\nInvestments in subsidiaries are carried at cost less \naccumulated impairment losses, if any. Where an indication \nof impairment exists, the carrying amount of the investment \nis assessed and written down immediately to its recoverable \namount. On disposal of investments in subsidiaries, the \ndifference between net disposal proceeds and the carrying \namounts are recognized in the Standalone Statement of \nProfit and Loss.\nFinancial assets: Business model assessment\nThe Company makes an assessment of the objective of the \nbusiness model in which a financial asset is held at a portfolio \nlevel because this best reflects the way the business is \nmanaged and information is provided to management. The \ninformation considered includes:\n- the stated policies and objectives for the portfolio \nand the operation of those policies in practice. These \ninclude whether management\u2019s strategy focuses on \nearning contractual interest income, maintaining a \nparticular interest rate profile, matching the duration \nof the financial assets to the duration of any related \nliabilities or expected cash outflows or realising cash \nflows through the sale of the assets;\n- how the performance of the portfolio is evaluated and \nreported to the Company\u2019s management;\n- the risks that affect the performance of the business \nmodel (and the financial assets held within that business \nmodel) and how those risks are managed;\n- the frequency, volume and timing of sales of financial \nassets in prior periods, the reasons for such sales and expectations about future sales activity.\nFinancial assets that are held for trading or are managed and whose performance is evaluated on a fair value basis \nare measured at FVTPL.\nFinancial assets: Assessment whether contractual cash \nflows are solely payments of principal and interest\nFor the purpose of this assessment \u2018Principal\u2019 is defined as \nthe fair value of the financial asset on initial recognition. \n\u2018Interest\u2019 is defined as consideration for the time value of \nmoney and for the credit risk associated with the principal \namount outstanding during a particular period of time and for other basic lending risks and costs (e.g. liquidity risk and \nadministrative costs), as well as a profit margin. \nIn assessing whether the contractual cash flows are solely \npayments of principal and interest, the Company considers \nthe contractual terms of the instrument. This includes \nassessing whether the financial asset contains a contractual term that could change the timing or amount of contractual cash flows such that it would not meet this condition. In \nmaking the assessment, the Company considers:\n- contingent s events that would change the amounts or \ntimings of cash flows;\n- terms that may adjust the contractual coupon rate, \nincluding variable interest rate features;\n- prepa yment and extension features; and \n- terms that limit the Company\u2019s claim to cash flows from \nspecified assets (e.g. non - recourse features) \nA prepayment feature is consistent with the solely payments \nof principal and interest criterion if the prepayment amount \nsubstantially represents unpaid amounts of principal and \ninterest on the principal amount outstanding, which may \ninclude reasonable additional compensation for early \ntermination of the contract. Additionally, for a financial \nasset acquired at a significant discount or premium to its \ncontractual amount, as feature that permits or requires \nprepayment at an amount that substantially represents \nthe contractual par amount plus accrued (but unpaid) \ncontractual interest (which may also include reasonable \nadditional compensation for early termination) is treated \nas consistent with this criterion if the fair value of the prepayment feature is insignificant at initial recognition.\nFinancial assets: Subsequent measurement and gains and \nlosses\nFinancial \nassets at FVTPLThese assets are subsequently measured at fair value. Net gains and losses, including any interest or", "start_char_idx": 0, "end_char_idx": 4316, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c939d733-668f-4ca1-9fe7-73d82741a433": {"__data__": {"id_": "c939d733-668f-4ca1-9fe7-73d82741a433", "embedding": null, "metadata": {"page_label": "107", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e70af14a-439b-4180-87d1-4eaa23f9b975", "node_type": null, "metadata": {"page_label": "107", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4ee446e63646bc0c92e6bcf4f3a8cd604867ec469b526879f963198b74afc258"}, "2": {"node_id": "6ebb1f6e-033a-46e9-bd54-c95dc827b948", "node_type": null, "metadata": {"page_label": "107", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "96bf01047824ed1ad5739958d2d48595690c8c7b1107616a14a755a32e589f2e"}}, "hash": "a64938635df2bd0f42627054eb3e39949d27877ac6677a56722dbc11b6de7fa7", "text": "are subsequently measured at fair value. Net gains and losses, including any interest or dividend income, are \nrecognized in profit or loss. \nFinancial assets at \namortized costThese assets are subsequently measured at \namortized cost using the effective interest \nmethod. Interest income, foreign exchange gains and losses are recognized in profit or loss. Any gain or loss on derecognition is \nrecognized in profit or loss.\nDebt investment \nat FVOCIThese assets are subsequently measured \nat fair value. Interest income under \nthe effective interest method, foreign exchange gains and losses and impairment are recognized in profit or loss. Other \nnet gains and losses are recognized in \nOCI. On derecognition, gains and losses accumulated in OCI are reclassified to profit or loss. \nEquity investment \nat FVOCIThese assets are subsequently measured \nat fair value. Dividends are recognized as \nincome in profit or loss unless the dividend \nclearly represents a recovery of part of the cost of the investment. Other net gains and \nlosses are recognized in OCI and are not \nreclassified to profit or loss.", "start_char_idx": 4228, "end_char_idx": 5334, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d0004e12-c718-4bd4-93e2-269518ae9821": {"__data__": {"id_": "d0004e12-c718-4bd4-93e2-269518ae9821", "embedding": null, "metadata": {"page_label": "108", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "f3b21d54-e43e-47e3-b189-edcd9d42e0a0", "node_type": null, "metadata": {"page_label": "108", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4c3242a8d5106e10bee0d94e601b3830570cacc66b2d54f9499f1b727ca1ff4e"}, "3": {"node_id": "02f2b551-e960-4691-8387-25fd271bc9c2", "node_type": null, "metadata": {"page_label": "108", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b4d0e7ef72f40af99397e3535d055534d311fb56110a74ab3394577f84d32789"}}, "hash": "9bba14ce203e5e6884dd830af7b4cae5a1109b02f8e9179eddc1595c2c3c52d5", "text": "107\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nFinancial liabilities: Classification, subsequent measurement \nand gains and losses\nFinancial liabilities are classified as measured at amortized \ncost or FVTPL. A financial liability is classified as at FVTPL \nif it is classified as held - for - trading, or it is a derivative or \nit is designated as such on initial recognition. Financial liabilities at FVTPL are measured at fair value and net gains \nand losses, including any interest expense, are recognized \nin profit or loss. Other financial liabilities are subsequently \nmeasured at amortized cost using the effective interest \nmethod. Interest expense and foreign exchange gains and \nlosses are recognized in profit or loss. Any gain or loss on \nderecognition is also recognized in profit or loss.\niii. Derecognition\nFinancial assets\nThe Company derecognizes a financial asset when the \ncontractual rights to the cash flows from the financial asset \nexpire, or it transfers the rights to receive the contractual \ncash flows in a transaction in which substantially all of the \nrisks and rewards of ownership of the financial asset are transferred or in which the Company neither transfers \nnor retains substantially all of the risks and rewards of \nownership and does not retain control of the financial asset.\nIf the Company enters into transactions whereby it transfers \nassets recognized on its balance sheet, but retains either all or substantially all of the risks and rewards of the transferred \nassets, the transferred assets are not derecognized.\nFinancial liabilitiesThe Company derecognizes a financial liability when its \ncontractual obligations are discharged or cancelled, or \nexpire. The Company also derecognizes a financial liability \nwhen its terms are modified and the cash flows under the \nmodified terms are substantially different. In this case, a new \nfinancial liability based on the modified terms is recognized \nat fair value. The difference between the carrying amount of the financial liability extinguished and the new financial \nliability with modified terms is recognized in profit or loss.\niv. Offsetting\nFinancial assets and financial liabilities are offset and the \nnet amount presented in the balance sheet when, and only \nwhen, the Company currently has a legally enforceable right \nto set off the amounts and it intends either to settle them \non a net basis or to realise the asset and settle the liability \nsimultaneously.\nv.\t Derivative \tfinancial \tinstruments\nThe Company uses derivative instruments such as foreign exchange forward contracts and currency swaps to hedge \nits foreign currency and interest rate risk exposure. \nEmbedded derivatives are separated from the host contract \nand accounted for separately if the host contract is not a \nfinancial asset and certain criteria are met.Derivatives are initially measured at fair value. Subsequent to initial recognition, derivatives are measured at fair value \nand changes therein are generally recognized in profit and \nloss.\nImpairment of financial assets\nThe Company recognizes loss allowances for expected \ncredit losses on:\n- Financial assets measured at amortized cost; and- Financial assets measured at FVOCI \u2013 debt instruments.\nAt each reporting date, the Company assesses whether \nfinancial assets carried at amortized cost and debt \ninstruments at FVOCI are credit-impaired. A financial asset \nis \u2018credit-impaired\u2019 when one or more events that have a \ndetrimental impact on the estimated future cash flows of \nthe financial asset have occurred.\nEvidence that a financial asset is credit \u2013 impaired includes \nthe following observable data:\nFor recognition of impairment loss on financial assets and \nrisk exposure, the Company determines that whether there \nhas been a significant increase in the credit risk since initial \nrecognition. If credit risk has not increased significantly, 12 \nmonth ECL is used to provide for impairment loss. However, \nif credit risk has increased significantly, lifetime", "start_char_idx": 0, "end_char_idx": 4145, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "02f2b551-e960-4691-8387-25fd271bc9c2": {"__data__": {"id_": "02f2b551-e960-4691-8387-25fd271bc9c2", "embedding": null, "metadata": {"page_label": "108", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "f3b21d54-e43e-47e3-b189-edcd9d42e0a0", "node_type": null, "metadata": {"page_label": "108", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4c3242a8d5106e10bee0d94e601b3830570cacc66b2d54f9499f1b727ca1ff4e"}, "2": {"node_id": "d0004e12-c718-4bd4-93e2-269518ae9821", "node_type": null, "metadata": {"page_label": "108", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9bba14ce203e5e6884dd830af7b4cae5a1109b02f8e9179eddc1595c2c3c52d5"}}, "hash": "b4d0e7ef72f40af99397e3535d055534d311fb56110a74ab3394577f84d32789", "text": "for impairment loss. However, \nif credit risk has increased significantly, lifetime ECL is used. If, in a subsequent period, credit quality of the instrument \nimproves such that there is no longer a significant increase \nin credit risk since initial recognition, then the entity reverts \nto recognizing impairment loss allowance based on 12 \nmonth ECL.\nMeasurement of expected credit losses\nExpected credit losses are a probability-weighted estimate \nof credit losses. Credit losses are measured as the present \nvalue of all cash shortfalls (i.e. the difference between the cash flows due to the Company in accordance with the \ncontract and the cash flows that the Company expects to \nreceive).\nPresentation of allowance for expected credit losses in the \nbalance sheet\nLoss allowance for financial assets measured at amortized \ncost are deducted from the gross carrying amount of the \nassets. For debt securities at FVOCI, the loss allowance is \ncharged to the Standalone Statement of the Profit and Loss \nand is recognized in OCI.\nWrite-offThe gross carrying amount of a financial asset is written off \n(either partially or in full) to the extent that there is no realistic prospect of recovery. This is generally the case when the \nCompany determines that the debtor does not have assets or", "start_char_idx": 4062, "end_char_idx": 5355, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b0313779-121e-4f09-ad29-9b1af37122c8": {"__data__": {"id_": "b0313779-121e-4f09-ad29-9b1af37122c8", "embedding": null, "metadata": {"page_label": "109", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "6e2276a8-1ee6-4748-9273-676f1b3f65a6", "node_type": null, "metadata": {"page_label": "109", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b523cc48b2796c5793f64d8367509259e65264bfedcdd6847d298c795eb05f9d"}, "3": {"node_id": "f7dd90f3-d3a3-4f87-a455-db879d980fc6", "node_type": null, "metadata": {"page_label": "109", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "d338fd2df9e8e169656374fb88625f00edf531b613d9782220987d140aef35f8"}}, "hash": "d3adba42a7732d71bdfca33251508ed01a7519ee4cb878b85887761dfc2167de", "text": "Sandhar Technologies Limited108\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nsources of income that could generate sufficient cash flows \nto repay the amounts subject to the write- off. However, \nfinancial assets that are written off could still be subject to \nenforcement activities in order to comply with Company\u2019s \nprocedures for the recovery of amount due.\nIn accordance with Ind AS 109, the Company applies \nexpected credit loss (ECL) model for the measurement and \nrecognition of impairment loss on the following financial \nassets and credit risk exposure:\na. Fina ncial assets that are debt instruments, and are \nmeasured at amortized cost e.g., deposits and advances\nb. T rade receivables that result from transactions that are \nwithin the scope of Ind AS 115\nc.  Financial guarantee contracts which are not measured \nas at FVTPL.\nThe Company follows \u2018simplified approach\u2019 for recognition of impairment loss allowance on Trade receivables.\nThe application of simplified approach does not require the \nCompany to track changes in credit risk. Rather, it recognizes \nimpairment loss allowance based on lifetime ECLs at each \nreporting date, right from its initial recognition.\nFor recognition of impairment loss on other financial \nassets and risk exposure, the Company determines that \nwhether there has been a significant increase in the \ncredit risk since initial recognition. If credit risk has not \nincreased significantly, 12-month ECL is used to provide \nfor impairment loss. However, if credit risk has increased \nsignificantly, lifetime ECL is used. If, in a subsequent \nperiod, credit quality of the instrument improves such that \nthere is no longer a significant increase in credit risk since \ninitial recognition, then the entity reverts to recognising \nimpairment loss allowance based on 12-month ECL.\nLifetime ECL are the expected credit losses resulting \nfrom all possible default events over the expected life of a \nfinancial instrument. The 12-month ECL is a portion of the \nlifetime ECL which results from default events that are \npossible within 12 months after the reporting date.\nECL is the difference between all contractual cash flows that \nare due to the Company in accordance with the contract \nand all the cash flows that the entity expects to receive (i.e., \nall cash shortfalls), discounted at the original EIR. When \nestimating the cash flows, an entity is required to consider:\n\u2022 All contractual terms of the financial instrument \n(including prepayment, extension, call and similar \noptions) over the expected life of the financial \ninstrument. However, in rare cases when the expected \nlife of the financial instrument cannot be estimated \nreliably, then the entity is required to use the remaining \ncontractual term of the financial instrument\u2022 Ca sh flows from the sale of collateral held or other \ncredit enhancements that are integral to the contractual terms\nECL impairment loss allowance (or reversal) recognized during the period is recognized as income/ expense in the \nStandalone Statement of Profit and Loss. This amount is \nreflected under the head \u2018other expenses\u2019 in the Standalone \nStatement of Profit and Loss. The balance sheet presentation \nfor various financial instruments is described below:\n\u2022 Fina ncial assets measured as at amortized cost and \ncontractual revenue receivables: ECL is presented as an allowance, i.e., as an integral part of the measurement \nof those assets in the balance sheet. The allowance \nreduces the net carrying amount. Until the asset \nmeets write-off criteria, the Company does not reduce \nimpairment allowance from the gross carrying amount.\n\u2022 L oan commitments and financial guarantee contracts: \nECL is presented as a provision in the balance sheet, i.e. as a liability.\nFor assessing increase in credit risk and impairment loss, the Company combines financial instruments on the basis \nof shared credit risk characteristics with the objective of \nfacilitating", "start_char_idx": 0, "end_char_idx": 4062, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f7dd90f3-d3a3-4f87-a455-db879d980fc6": {"__data__": {"id_": "f7dd90f3-d3a3-4f87-a455-db879d980fc6", "embedding": null, "metadata": {"page_label": "109", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "6e2276a8-1ee6-4748-9273-676f1b3f65a6", "node_type": null, "metadata": {"page_label": "109", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b523cc48b2796c5793f64d8367509259e65264bfedcdd6847d298c795eb05f9d"}, "2": {"node_id": "b0313779-121e-4f09-ad29-9b1af37122c8", "node_type": null, "metadata": {"page_label": "109", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "d3adba42a7732d71bdfca33251508ed01a7519ee4cb878b85887761dfc2167de"}}, "hash": "d338fd2df9e8e169656374fb88625f00edf531b613d9782220987d140aef35f8", "text": "on the basis \nof shared credit risk characteristics with the objective of \nfacilitating an analysis that is designed to enable significant increases in credit risk to be identified on a timely basis.\nThe Company does not have any purchased or originated \ncredit-impaired (POCI) financial assets, i.e., financial assets \nwhich are credit impaired on purchase/ origination.\np. Recognition of interest e xpense\nInterest expense is recognized using effective interest method. \nThe \u2018effective interest rate\u2019 is the rate that exactly discounts \nestimated future cash payments through the expected life of the financial instrument to: \n- the amortized cost of the financia l liability.\nIn calculating interest expense, the effective interest rate is applied to the amortized cost of the liability.  \nq. Cash and cash equivalents\nCash and cash equivalent in the balance sheet comprise cash at banks, cash on hand and cheques on hand, which are subject to \nan insignificant risk of changes in value.\nFor the purpose of the statement of cash flows, cash and cash \nequivalents consist of cash at bank, cash on hand and cheques on \nhand as they are considered an integral part of the Company\u2019s \ncash management.", "start_char_idx": 3975, "end_char_idx": 5174, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6b7c1a0b-0c2f-44b8-81a9-8536cda8caaa": {"__data__": {"id_": "6b7c1a0b-0c2f-44b8-81a9-8536cda8caaa", "embedding": null, "metadata": {"page_label": "110", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "67429b4e-8b75-4113-811f-ba10a57530c4", "node_type": null, "metadata": {"page_label": "110", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "565695eea9d9b79bf2125805d044d2c0ded963a515c030ec184bfc23364168a9"}}, "hash": "565695eea9d9b79bf2125805d044d2c0ded963a515c030ec184bfc23364168a9", "text": "109\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nr.\t Cash \tflow\tstatement\nCash flows are reported using the indirect method, whereby \nprofit for the period is adjusted for the effects of transactions \nof a non-cash nature, any deferrals or accruals of past or future \noperating cash receipts or payments and item of income or \nexpenses associated with investing or financing cash flows. The \ncash flows from operating, investing and financing activities of \nthe Company are segregated.\ns. Cash dividend and non-cash distribution to equity holders\nof the parent\nThe Company recognizes a liability to make cash distributions \nto equity holders when the distribution is authorized and the \ndistribution is no longer at the discretion of the Company. As \nper the corporate laws in India, a distribution is authorized when \nit is approved by the shareholders. A corresponding amount is \nrecognized directly in equity.\nt. Corpor ate Social Responsibility (\u201cCSR\u201d) expenditure:\nCSR expenditure incurred by the Company is charged to the \nStandalone Statement of the Profit and Loss.\nu. Research and de velopment:\nExpenditure on research and development activities is recognized in the Standalone Statement of Profit and Loss as \nincurred.Development expenditure is capitalized as part of cost of \nthe resulting intangible asset only if the expenditure can be \nmeasured reliably, the product or process is technically and \ncommercially feasible, future economic benefits are probable, \nand the Company intends to and has sufficient resources to \ncomplete development and to use or sell the asset. Otherwise, \nit is recognized in profit or loss as incurred. Subsequent to initial \nrecognition, the asset is measured at cost less accumulated \namortisation and any accumulated impairment losses, if any.\nv. Recent accounting pronouncements:\nOn March 23, 2022, the Ministry of Corporate Affairs (MCA) \nissued certain amendments and annual improvements to Ind \nAS. These amendments are applicable for accounting periods \nbeginning on or after April 1, 2022:\n- Ind AS 103 \u2013 Business Combinations \u2013 Reference to conceptual \nframework added\n-Ind AS 16 \u2013 Property, Plant and Equipment \u2013 Accounting for \nproceeds before an asset\u2019s intended use\n-Ind AS 37 \u2013 Provisions, Contingent Liabilities and Contingent\nAssets \u2013 Assessing if the contract is onerous\n-Annual improvements to Ind AS \u2013 Ind AS 109 (Financial \nInstruments) and Ind AS 116 (Leases).\nThe Company will evaluate the impact of the above, where applicable, on the financial statements and give impact of the same in the relevant period.", "start_char_idx": 0, "end_char_idx": 2709, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "033a3cc2-35e7-4c4f-9815-7e8eece4d01b": {"__data__": {"id_": "033a3cc2-35e7-4c4f-9815-7e8eece4d01b", "embedding": null, "metadata": {"page_label": "111", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "80f8b8b6-066a-4053-9cfa-2a6b8eea4b1b", "node_type": null, "metadata": {"page_label": "111", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a82acd280a91b002ac3ad7a240bdb37df3046a622a23b76932d63d9948367c98"}, "3": {"node_id": "9459b968-395e-4b0d-83f6-643e5f04feae", "node_type": null, "metadata": {"page_label": "111", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c15f3eb3a73acb7a5dac6e096b95589fa7e44a5f76be46d61841dde7ba017b2d"}}, "hash": "4c7150c1684d75f7a0810396eac93111191f4187b1a8455ab20276dde55177eb", "text": "Sandhar Technologies Limited110\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n3. Property , plant and equipment\nParticulars Freehold \nLandBuildings  Plant and Equipment Office equipments Vehicles  Furnitures and FixturesT otal\nGross carrying value as at \n1 April 2020  11,397.48  18,851.04  42,643.81  1,897.33  637.17  870.44  76,297.27 \n Additions   4.08  677.85  5,068.78  73.39  114.99  14.60  5,953.69 \n Disposals  -   -    498.50  86.59  273.06  6.38  864.53 \n Balance as at 31 March 2021  11,401.56  19,528.89  47,214.09  1,884.13  479.10  878.66  81,386.43 \n Additions   366.77  573.99  8,392.03  225.23  56.26  99.59  9,713.87 \n Disposals  100.71  43.16  947.83  340.03  113.57  10.08  1,555.38 \n Balance as at 31 March 2022  11,667.62  20,059.72  54,658.29  1,769.33  421.79  968.17  89,544.92 \n Accumulated depreciation \n Balance as at 1 April 2020 -  2,832.27  16,495.98  1,081.47  308.76  348.21  21,066.69 \n Depreciation for the year -    839.55  4,606.29  326.11  103.98  92.97  5,968.90 \n Accumulated depreciation on \ndisposal  -   -    479.96  86.48  257.22  6.38  830.04 \n Balance as at 31 March 2021 -    3,671.82  20,622.31  1,321.10  155.52  434.80  26,205.55 \n Depreciation for the year -    874.07  5,099.35  266.03  114.36  92.69  6,446.50 \n Accumulated depreciation on disposal -    14.63  899.84  339.12  113.20  10.07  1,376.86 \n Balance as at 31 March 2022  -     4,531.26  24,821.82  1,248.01  156.68  517.42  31,275.19 \n Net carrying amount \n As at 31 March 2022  11,667.62  15,528.46  29,836.47 \n 521.32  265.11  450.75  58,269.73 \n As at 31 March 2021  11,401.56  15,857.07  26,591.78  563.03  323.58  443.86  55,180.88 \n3A.  Capital work-in-progress\nBalance as at 31 March 2022\nS. No CWIP Amount in CWIP for a period of\nLess than 1 Year 1-2 Years 2-3 Years More than 3 \nyearsT otal\n1 Projects in Progress  3,597.13  -   -    -    3,597.13 \n2 Project T emporarily \nsuspended -   -    -   -    -   \nOut of above, the projects which are overdue as per original plan:\nS. No CWIP T o be completed in\nLess than 1 Year 1-2 Years 2-3 Years More than 3 \nyearsT otal\n1 Projects in Progress (SMT \nLine) 1,906.16  -   -    -    1,906.16 \n Balance as at 31 March 2021\nS. No CWIP Amount in CWIP for a period of\nLess than 1 Year 1-2 Years 2-3 Years More than 3 \nyearsT otal\n1 Projects in Progress  736.42 ", "start_char_idx": 0, "end_char_idx": 2435, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9459b968-395e-4b0d-83f6-643e5f04feae": {"__data__": {"id_": "9459b968-395e-4b0d-83f6-643e5f04feae", "embedding": null, "metadata": {"page_label": "111", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "80f8b8b6-066a-4053-9cfa-2a6b8eea4b1b", "node_type": null, "metadata": {"page_label": "111", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a82acd280a91b002ac3ad7a240bdb37df3046a622a23b76932d63d9948367c98"}, "2": {"node_id": "033a3cc2-35e7-4c4f-9815-7e8eece4d01b", "node_type": null, "metadata": {"page_label": "111", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4c7150c1684d75f7a0810396eac93111191f4187b1a8455ab20276dde55177eb"}}, "hash": "c15f3eb3a73acb7a5dac6e096b95589fa7e44a5f76be46d61841dde7ba017b2d", "text": "Years More than 3 \nyearsT otal\n1 Projects in Progress  736.42  -   -    -    736.42 \n2 Project T emporarily \nsuspended -   -    -   -   -", "start_char_idx": 2373, "end_char_idx": 2510, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ba87d566-843b-49df-9ab7-33672654df92": {"__data__": {"id_": "ba87d566-843b-49df-9ab7-33672654df92", "embedding": null, "metadata": {"page_label": "112", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b73adad6-9744-40e8-97cc-0333ea68495d", "node_type": null, "metadata": {"page_label": "112", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bbb02aebb94ac532502aacdbf95cc6b3eb98cba441bbd0dfea7eaa08881777a5"}, "3": {"node_id": "6a81a541-0397-4bab-bcd1-aeaef7e1db2e", "node_type": null, "metadata": {"page_label": "112", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c57f228d9b4b645ddbb95a19ea3af7ba3d41fb768bf5ebe83e7daf61e8985d41"}}, "hash": "34304340c902104e3c53bee095028477b08c7beaff1c73df2df678d602621ae6", "text": "111\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n3B. Title deeds of immovable properties not held in the name of the Company\nAs at 31 March 2022 \nS. \nNo.Relevant Line Item in the \nBalance SheetDescription of Item \nof PropertyGross Carrying \nValue  \n31 March \n2022Gross \nCarrying \nValue  \n31 March \n2021Title deeds \nheld in the \nName ofWhether title \ndeed holder \nis a promoter, \ndirector or relative of their relative \nof promoter/ \ndirector or \nemployee of promoter/ directorProperty \nheld sinceReason  for not being held in Name of the Company\n1  Property, \nplant and equipment - Land 12C& 13A, KIABD Industrial Area, Attibele Bangalore 30.98  30.98 Adeep Rolofoam LtdNo 28.12.2005\nThe Title deed is in the name of company i.e. Adeep Rolofoam Limited and Adeep Locks Limited. The valuation of the stamp duty was done by the Government agency. The Company is in the process of getting the name changed which is pending as on balance sheet date.2  Property, plant and equipment - Land 12C, KIABD Industrial Area, Attibele Bangalore 4.04  4.04 Adeep Locks LtdNo 28.12.2005\n3  Property, plant and equipment - Land Plot no. 640, P & T Quarters Road, Thiruvottiyur, Chennai-600019 21.31  21.31 Adeep Rolofoam LtdNo 28.12.2005\n4  Property, plant and equipment - Land Plot no 44-Sec -\ntor-3, IMT MANESAR,Gur -\ngaon 317.77  317.77 Adeep Rolofoam LtdNo 28.12.2005 The Company has filed an application in the Haryana State Industrial and Infrastructure Development Corporation for change the name which is pending as on balance sheet date.\n5  Property, plant and equipment - Land Plot no 24-Sec -\ntor-3, IMT MANESAR,Gur -\ngaon 192.69  192.69 Sandhar Auto Com -\nponents, LtdYes 28.12.2005 The Company has filed an application \nin the Haryana State Industrial and Infrastructure Development Corporation for change the name which is pending as on balance sheet date.\n6  Property, plant and equipment - Land Plot no 46A,Peenya 2nd phase, Industrial Area, Bangalore -   \n2,570.15 Mag Engineering Pvt LtdNo 01.04.2012\nValuation done by the Government agency for stamp duty amount during the current year and the same was deposited in the registrar office.7  Property, plant and equipment - Land Plot no 34B,Peenya 2nd phase, Industrial Area, Bangalore -   \n2,436.53 Mag Engineering Pvt LtdNo 01.04.2012\n8  Property, plant and equipment - Building 12C& 13A, KIABD Industrial Area, Attibele Bangalore\n 747.36  732.30 Adeep Rolofoam LtdNo 28.12.2005\nThe Title deed is in the name of company i.e. Adeep Rolofoam Limited and Adeep Locks Limited. The valuation of the stamp duty was done by the Government agency. The Company is in the process of getting the name changed which is pending as on balance sheet date.9  Property, plant and equipment - Building 12C, KIABD Industrial Area, Attibele BangaloreAdeep Locks LtdNo 28.12.2005\n10  Property, plant and equipment - Building Plot no. 640, P & T Quarters Road, Thiruvottiyur, Chennai-600019 53.17  53.17 Adeep Rolofoam LtdNo 28.12.2005\n11  Property, plant and equipment - Building Plot no 44-Sec -\ntor-3, IMT MANESAR,Gur -\ngaon 411.08  411.08 Adeep Rolofoam LtdNo", "start_char_idx": 0, "end_char_idx": 3228, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6a81a541-0397-4bab-bcd1-aeaef7e1db2e": {"__data__": {"id_": "6a81a541-0397-4bab-bcd1-aeaef7e1db2e", "embedding": null, "metadata": {"page_label": "112", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b73adad6-9744-40e8-97cc-0333ea68495d", "node_type": null, "metadata": {"page_label": "112", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bbb02aebb94ac532502aacdbf95cc6b3eb98cba441bbd0dfea7eaa08881777a5"}, "2": {"node_id": "ba87d566-843b-49df-9ab7-33672654df92", "node_type": null, "metadata": {"page_label": "112", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "34304340c902104e3c53bee095028477b08c7beaff1c73df2df678d602621ae6"}}, "hash": "c57f228d9b4b645ddbb95a19ea3af7ba3d41fb768bf5ebe83e7daf61e8985d41", "text": "411.08  411.08 Adeep Rolofoam LtdNo 28.12.2005 The Company has filed an application in the Haryana State Industrial and Infrastructure Development Corporation for change the name which is pending as on balance sheet date.\n12  Property, plant and equipment - Building Plot no 24-Sec -\ntor-3, IMT MANESAR,Gur -\ngaon 132.55  132.55 Sandhar Auto Com -\nponents, LtdYes 28.12.2005 The Company has filed an application in the Haryana State Industrial and Infrastructure Development Corporation for change the name which is pending as on balance sheet date.\n13  Property, plant and equipment - Building Plot no 46A,Peenya 2nd phase, Industrial Area, Bangalore -   \n1,878.04 Mag Engineering Pvt LtdNo 01.04.2012\nValuation done by the Government agency for stamp duty amount during the current year and the same was deposited in the registrar office.14  Property, plant and equipment - Building Plot no 34B,Peenya 2nd phase, Industrial Area, BangaloreMag Engineering Pvt LtdNo 01.04.2012", "start_char_idx": 3193, "end_char_idx": 4170, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "68edb908-55b3-41a9-867a-88d8b8e8dc9d": {"__data__": {"id_": "68edb908-55b3-41a9-867a-88d8b8e8dc9d", "embedding": null, "metadata": {"page_label": "113", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "6ced4fdd-5067-4613-804e-488fc2ed5f72", "node_type": null, "metadata": {"page_label": "113", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "460fa3513181f4780f99c85bc083b5e6f1b382391b5c75e2d235c837602bada7"}, "3": {"node_id": "eac53963-2fe7-43c5-99ce-ccb04f45b2eb", "node_type": null, "metadata": {"page_label": "113", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e2d162c295ab51d309319ecb5094d371f24879758f27347065f78460318607ba"}}, "hash": "d8932c061f9efde0aca3ac40f108a7d7066a488590709cf4df50585448404e33", "text": "Sandhar Technologies Limited112\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n4. Right-of-use asset* \n Particulars  Leasehold Land  T otal \nGross carrying value\nBalance as at 1 April 2020  4,240.00  4,240.00 \nAdditions  962.05  962.05 \nBalance as at 31 March 2021  5,202.05  5,202.05 \nAdditions  835.79  835.79 \n Balance as at 31 March 2022  6,037.84  6,037.84 \nAccumulated amortization \nBalance as at 1 April 2020  674.84  674.84 \nDepreciation charge for the year  610.51  610.51 \nBalance as at 31 March 2021  1,285.35  1,285.35 \nDepreciation charge for the year  723.52  723.52 \nBalance as at 31 March 2022  2,008.87  2,008.87 \n Net carrying amount \n As at 31 March 2022  4,028.97  4,028.97 \n As at 31 March 2021  3,916.70  3,916.70 \n* Refer note 34 \n 5. Intangible assets\nParticulars  Computer \nsoftware  T echnical  \nknow-how  Goodwill*  T otal\nGross carrying value as at 1 April 2020  957.38  999.29  552.35  2,509.02 \n Additions   25.62  -   -    25.62 \n Disposals  9.68  -   -    9.68 \n Balance as at 31 March 2021  973.32  999.29  552.35  2,524.96 \n Additions  43.34  2,300.00 -    2,343.34 \n Disposals  436.09  288.17 -    724.26 \n Balance as at 31 March 2022  580.57  3,011.12  552.35  4,144.04 \n Accumulated amortization \n Balance as at 1 April 2020  596.31  570.78 -    1,167.09 \n Amortization for the year  141.78  140.27 -    282.05 \n Accumulated amortization on disposal  9.68  -   -    9.68 \n Balance as at 31 March 2021  728.41  711.05 -    1,439.46 \n Amortization for the year  91.08  194.47 -    285.55 \n Accumulated amortization on disposal  434.60  288.17 -    722.77 \n Balance as at 31 March 2022  384.89  617.35 -    1,002.24 \n Net carrying amount \n As at 31 March 2022  195.68  2,393.77  552.35  3,141.80 \n As at 31 March 2021  244.91  288.24  552.35  1,085.50 \n*Impairment testing of goodwill\nFor the purposes of impairment testing, goodwill is allocated to the Cash Generating Unit (CGU) which represents the lowest level at which \nthe goodwill is monitored for internal management reporting purposes.\nThe recoverable amount of the cash generating unit was based on its value in use. The value in use of this unit was determined to be higher than the carrying amount and an analysis of the calculation\u2019s sensitivity towards change in key assumptions did not identify any probable \nscenarios where the CGU recoverable amount would fall below their carry amount.\nValue in use was determined by discounting the future cash flows generated from the continuing use of the CGU. The calculation was based \non the following key assumptions:\ni. The anticipated annual revenue growth and margin included in the cash flow projections are based on past experience, actual operating \nresults and the 5-year business plan in all periods presented.\nii. The termina l growth rate ranges from 2% to 3% representing management view on the future long-term growth rate.\niii. Discount  rate ranging from", "start_char_idx": 0, "end_char_idx": 3021, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "eac53963-2fe7-43c5-99ce-ccb04f45b2eb": {"__data__": {"id_": "eac53963-2fe7-43c5-99ce-ccb04f45b2eb", "embedding": null, "metadata": {"page_label": "113", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "6ced4fdd-5067-4613-804e-488fc2ed5f72", "node_type": null, "metadata": {"page_label": "113", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "460fa3513181f4780f99c85bc083b5e6f1b382391b5c75e2d235c837602bada7"}, "2": {"node_id": "68edb908-55b3-41a9-867a-88d8b8e8dc9d", "node_type": null, "metadata": {"page_label": "113", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "d8932c061f9efde0aca3ac40f108a7d7066a488590709cf4df50585448404e33"}}, "hash": "e2d162c295ab51d309319ecb5094d371f24879758f27347065f78460318607ba", "text": "management view on the future long-term growth rate.\niii. Discount  rate ranging from 7% to 13% for all periods presented was applied in determining the recoverable amount of the CGU. The \ndiscount rate was estimated based on past experience and companies average weighted average cost of capital.\nThe values assigned to the key assumptions represent the management\u2019s assessment of future trends in the industry and based on both \ninternal and external sources.", "start_char_idx": 2936, "end_char_idx": 3397, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ad171728-3af4-4bee-bb4e-5f21b2196cfb": {"__data__": {"id_": "ad171728-3af4-4bee-bb4e-5f21b2196cfb", "embedding": null, "metadata": {"page_label": "114", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c435c08b-48f3-4334-bd07-acedbdd17c4a", "node_type": null, "metadata": {"page_label": "114", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5253dde98dbc3deeb58e78fc24d91fbe897fb17c3147717defcdb4151800252b"}, "3": {"node_id": "90b198a7-90c6-47fa-8f7d-ba08fbddd4db", "node_type": null, "metadata": {"page_label": "114", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a9fec694c8c7658fd39f2e19bece8698702295774c757f2f5ee5360bf73164ce"}}, "hash": "87af0e1c10bafa923eb5c771a65338f4179d12867a13165733599c183a219781", "text": "113\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n6.  Financial assets\n Particulars As at \n31 March 2022As at  \n1 March 2021\nInvestments\nA. Non-current Investments\nInvestments at cost \nInvestments in subsidiaries \n(I) Investment in equity shares (Unquoted) 47.95 Lacs  (31 March 2021: 47.95 Lacs) equity shares of Rs. 10/- each fully paid-up in \nSandhar T ooling Private Limited  387.19  387.19 \n32.48 Lacs (31 March 2021: 32.48 Lacs) equity shares of EUR. 1/- each fully paid-up in Sandhar T echnologies Barcelona SL  2,029.00  2,029.00 \n0.09 Lacs (31 March 2021: 0.09 Lacs) equity shares of Rs.10/- each fully paid-up in \nSandhar Strategic Systems Private Limited  1.00  1.00 \n0.10 Lacs (31 March 2021: 0.09 Lacs) equity shares of Rs.10/- each fully paid-up in \nSandhar Auto Castings Private Limited (formerly known as Sandhar Daeshin T echnologies \nPrivate Limited)@  1.00  -   \n350.00 Lacs (31 March 2021: NIL) equity shares of Rs.10/- each fully paid-up in Sandhar \nEngineering  Private Limited  3,500.00  -   \n309.96 Lacs (31 March 2021: 161.73 Lacs) equity shares of Rs. 10/- each fully paid-up in Sandhar Automotive Systems Private Limited (formerly known as Sandhar Daewha Automotive Systems Private Limited)#  1,666.16  -   \n0.0001.00 Lacs (31 March 2021: NIL ) equity shares of Rs.10/- each fully paid-up in Sandhar Auto Electric Solutions Private Limited  0.01  -   \nInvestments in joint ventures \n(II) Investment in equity shares (Unquoted) \n172.206 Lacs (31 March 2021: 161.979 Lacs) equity shares of Rs. 10/- each fully paid-up \nin Sandhar Han Sung T echnologies Private Limited  1,722.06  1,619.80 \n6.89 Lacs (31 March 2021: 6.89 Lacs) equity shares of Rs. 10/- each fully paid-up in \nSandhar Ecco Green Energy Private Limited  222.48  222.48 \n68.65 Lacs (31 March 2021: 68.65 Lacs) equity shares of Rs. 10/- each fully paid-up in Jinyoung Sandhar Mechatronics Private Limited  686.50  686.50 \n266.20 Lacs (31 March 2021: 153.2 Lacs) equity shares of Rs. 10/- each fully paid-up in \nSandhar Amkin Industries Private Limited  2,662.00  1,532.00 \nNIL (31 March 2021: 161.73 Lacs) equity shares of Rs. 10/- each fully paid-up in Sandhar  \nAutomotive Systems Private Limited (formerly known as Sandhar Daewha Automotive \nSystems Private Limited)#  -    1,617.31 \n0.107 Lacs (31 March 2021: 0.107 Lacs) equity shares of Rs. 10/- each fully paid-up in \nSandhar Daeshin Auto Systems Private Limited  1.07  1.07 \n97.845 Lacs (31 March 2021: 83.241 Lacs) equity shares of Rs. 10/- each fully paid-up in Sandhar Whetron Electronics Private Limited  978.45  832.41 \n100.84 Lacs (31 March 2021: 100.84 Lacs) equity shares of Rs. 10/- each fully paid-up in Kwangsung Sandhar T echnologies Private Limited  1,008.37  1,008.37 \n0.099 Lacs (31 March 2021: 0.099 Lacs) equity shares of Rs. 10/- each fully paid-up in \nSandhar", "start_char_idx": 0, "end_char_idx": 2957, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "90b198a7-90c6-47fa-8f7d-ba08fbddd4db": {"__data__": {"id_": "90b198a7-90c6-47fa-8f7d-ba08fbddd4db", "embedding": null, "metadata": {"page_label": "114", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c435c08b-48f3-4334-bd07-acedbdd17c4a", "node_type": null, "metadata": {"page_label": "114", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5253dde98dbc3deeb58e78fc24d91fbe897fb17c3147717defcdb4151800252b"}, "2": {"node_id": "ad171728-3af4-4bee-bb4e-5f21b2196cfb", "node_type": null, "metadata": {"page_label": "114", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "87af0e1c10bafa923eb5c771a65338f4179d12867a13165733599c183a219781"}}, "hash": "a9fec694c8c7658fd39f2e19bece8698702295774c757f2f5ee5360bf73164ce", "text": "equity shares of Rs. 10/- each fully paid-up in \nSandhar Han Shin Automotive Private Limited  1.00  1.00 \n 27.50 Lacs (31 March 2021: 27.500 Lacs) equity shares of Rs. 10/- each fully paid-up in \nSandhar Han Shin Auto T echnologies Private Limited  275.00  275.00 \n4 Lacs (31 March 2021: 4 Lacs) equity shares of Rs. 100/- each fully paid-up in Winnercom Sandhar T echnologies Private Limited  400.00  400.00 \nNIL (31 March 2021: 0.09 Lacs) equity shares of Rs.10/- each fully paid-up in Sandhar \nAuto Castings Private Limited (formerly known as Sandhar Daeshin T echnologies Private \nLimited)@  -    1.00 \n0.98655 Lacs (31 March 2021: NIL) equity shares of Rs.10/- each fully paid-up in \nKwangsung Sandhar Automotive Systems Private Limited  98.66  -   \n Investments at fair value through profit and loss \n Investments in joint ventures \n(III)  Investments in Preference shares (Unquoted)", "start_char_idx": 2901, "end_char_idx": 3790, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "de0e2bd6-3c44-4bf6-82dd-9a0ea4d4a3b6": {"__data__": {"id_": "de0e2bd6-3c44-4bf6-82dd-9a0ea4d4a3b6", "embedding": null, "metadata": {"page_label": "115", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "da1d71be-5188-4d59-88de-deb7711fb7f9", "node_type": null, "metadata": {"page_label": "115", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cb255fc309b3c1878f1d26ad3d4dd56e5fe72230441cb34d597cab79dc15bc09"}, "3": {"node_id": "1318c83d-f255-4a1f-acfd-dfac3fc716a8", "node_type": null, "metadata": {"page_label": "115", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "0d6d9240744f8c023b36296d9016638a3f9acfe5e70eec9f30c0a9209f6d64e6"}}, "hash": "95b4183384197b5dd7ed0f8a3c869bc0dd61124bfc47c50df0f27754cfd3d8f6", "text": "Sandhar Technologies Limited114\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n Particulars As at \n31 March 2022As at  \n1 March 2021\n 23.43 Lacs (31 March 2021: 23.43) preference shares of Rs. 10/- each fully paid-up in \nSandhar Han Sung T echnologies Private Limited  234.38  234.38 \n65.03 Lacs (31 March 2021: 65.03 Lacs) preference shares of Rs. 10/- each fully paid-up in \nJinyoung Sandhar Mechatronics Private Limited  650.38  650.38 \n(IV) Non Trade investment (Unquoted) \n0.2 Lacs (31 March 2021: 0.2 Lacs) shares of Rs. 10/- each fully paid-up in VNM Polymers \nPrivate Limited  97.24  84.05 \n 16,621.95  11,582.94 \nLess: Aggregate amount of impairment in the value of investments* \nInvestment in Joint Ventures \n(i) In fully paid equity shares and preference shares  (256.60)  (144.17)\n T otal aggregate amount of impairment / sale of investments   (256.60)  (144.17)\n T otal investments  16,365.35  11,438.77 \n Aggregate value of unquoted investments  16,621.95  11,582.94 \n Aggregate amount of impairment in value of investments  (256.60)  (144.17)\n Current  -   -   \n Non-Current  16,365.35  11,438.77 \n*Breakup of impairment in the value of investments \n1. During the year ended 31 March 2022, the company performed an impairment assessment of its investment in equity shares and \npreference shares of Jinyoung Sandhar Mechatronics Private Limited to compute the fair value of its investment. Based on management\u2019s \nassessment, as the fair value of the investment was lower than the carrying amount of the investment, an impairment charge of Rs. \n110.36 Lacs was recognized in the standalone financial statements as an exceptional item in Statement of Profit and Loss.\n2. During the year ended 31 March 2020, the Company noted an impairment trigger on account of proposed discontinuation of business \nin its joint venture company (\u2018Sandhar Ecco Green Energy Private Limited\u2019). Company performed an impairment assessment of \nits investment in equity shares of Sandhar Ecco Green Energy Private Limited to compute the fair value of its investment. Based on \nmanagement\u2019s assessment, as the fair value of the investment was lower than the carrying amount of the investment, an impairment \ncharge of Rs. 143.17 Lacs (31 March 2019 Rs. 148.05 Lacs) was recognized in the standalone financial statements. In absence of \nvisibility of business in the joint venture, the financial statements of the JV have been prepared on non going concern basis, where the \nassets and liabilities have been disclosed as a realizable basis. During the current year the Investment in joint venture has been shown at \nthe realisable value.\n3. During the year ended 31 March 2021, Sandhar Han Shin Automotive Private Limited, a joint venture of the company was struck off \nunder section 248 of the Companies Act, 2013. Hence company noted an impairment of investment amounting Rs. 1.00 Lacs.  \n4. During the year ended 31 March 2022, Sandhar Strategic Systems Private Limited, a wholly owned subsidiary of the company and \nSandhar Daeshin Auto Systems Private Limited, a joint venture of the company, was struck off under section 248 of the Companies Act, \n2013. Hence company noted an impairment of investments amounting Rs. 2.07 Lacs.  \n#The Company owned 52.18% shareholding in joint venture Sandhar Automotive Systems Private Limited (formerly known as Sandhar \nDaewha Automotive Systems Private Limited) and has purchased the remaining 47.82% stake from joint venture partner", "start_char_idx": 0, "end_char_idx": 3576, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1318c83d-f255-4a1f-acfd-dfac3fc716a8": {"__data__": {"id_": "1318c83d-f255-4a1f-acfd-dfac3fc716a8", "embedding": null, "metadata": {"page_label": "115", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "da1d71be-5188-4d59-88de-deb7711fb7f9", "node_type": null, "metadata": {"page_label": "115", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cb255fc309b3c1878f1d26ad3d4dd56e5fe72230441cb34d597cab79dc15bc09"}, "2": {"node_id": "de0e2bd6-3c44-4bf6-82dd-9a0ea4d4a3b6", "node_type": null, "metadata": {"page_label": "115", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "95b4183384197b5dd7ed0f8a3c869bc0dd61124bfc47c50df0f27754cfd3d8f6"}}, "hash": "0d6d9240744f8c023b36296d9016638a3f9acfe5e70eec9f30c0a9209f6d64e6", "text": "and has purchased the remaining 47.82% stake from joint venture partner for Rs. 48.84 \nLacs on 28 December 2021 through share purchase deed. Accordingly, Sandhar Automotive Systems Private Limited (formerly known \nas Sandhar Daewha Automotive Systems Private Limited) becomes wholly owned subsidiary w.e.f. 28 December 2021. The Company \nhas recognised a tax of Rs 180.22 Lacs on net gain on acquisition of shares as per Income T ax Act, 1961.  \n@ The Company has obtained control in Sandhar Auto Castings Private Limited (formerly known as Sandhar Daeshin T echnologies \nPrivate Limited) on 1 October 2021 and hence it becomes wholly owned subsidiary w.e.f. 1 October 2021.", "start_char_idx": 3505, "end_char_idx": 4179, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f662ab74-495e-41e6-891e-fbbe660c2e49": {"__data__": {"id_": "f662ab74-495e-41e6-891e-fbbe660c2e49", "embedding": null, "metadata": {"page_label": "116", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "84365ac3-7dc9-4155-8b76-eb8eb2c7f2fa", "node_type": null, "metadata": {"page_label": "116", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ac16956ec25621c1eeeffd26e670da44e4766e46cf00e429508a78678eca9fd1"}}, "hash": "aa5fd6f728f9b4a9858dd3dcd761a85514100d501617b26bce38810d09eb2867", "text": "115\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n Particulars As at \n31 March 2022As at 31 March \n2021\nB.  Loans \n Loans recoverable from related parties- Current  -    638.18 \n Loans to employees - Current  41.48  40.40 \n T otal loans  41.48  678.58 \n Break up of total loans \n(a) Secured, considered good;  -   -   \n(b) Unsecured, considered good; and  41.48  678.58 \n(c) Doubtful  -   -   \n 41.48  678.58 \n Less: loss allowance  -   -   \n 41.48  678.58 \n Current  41.48  678.58 \n Particulars As at 31 March \n2022As at  31 March \n2021\n C.  Trade receivables (unsecured and considered good, unless otherwise stated) \nTrade receivables*  37,216.55  31,286.21 \nUnbilled Reveune  3,442.71  3,546.49 \nT otal trade receivables  40,659.26  34,832.70 \nTrade Receivables ageing schedule as on March 31, 2022\nParticularsOutstanding for the following periods from due date of payments  T otal \nLess than 6 \nmonths6 months - \n1  year1-2 year 2-3 YearsMore than \n3 years\ni) Undisputed Trade receivables- considered good  40,656.43  1.40  1.43  -    -    40,659.26 \nii) Undisputed Trade receivables- which have \nsignificant increase in credit risk -    -    -    -    -    -   \niii) Undisputed Trade Receivables- credit Impaired  -    -    -    -    -    -   \niv) Disputed Trade Receivables- considered good  -    -    -    -    -    -   \nv) Disputed Trade receivables- which have significant increase in credit risk -    -    -    -    -    -   \nvi) Disputed Trade Receivables- credit Impaired  -    -    -    -    -    -   \nTrade Receivables ageing schedule as on March 31, 2021\nParticularsOutstanding for the following periods from due date of \npayments T otal \nLess than 6 \nmonths6 months \n- 1  year1-2 year2-3 \nYearsMore \nthan 3 \nyears\ni) Undisputed Trade receivables- considered good  34,787.87  17.20  14.04  6.97  6.62  34,832.70 \nii) Undisputed Trade receivables- which have \nsignificant increase in credit risk -   -    -   -    -   -   \niii) Undisputed Trade Receivables- credit Impaired  -   -    -   -    -   -   \niv) Disputed Trade Receivables- considered good  -   -    -   -    -   -   \nv) Disputed Trade receivables- which have \nsignificant increase in credit risk -   -    -   -    -   -   \nvi) Disputed Trade Receivables- credit Impaired  -   -    -   -    -   -   \n* For explanations on the Company\u2019s credit risk management processes, refer to Note -37", "start_char_idx": 0, "end_char_idx": 2494, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a21a145c-210e-4775-aa46-00fe0612d3b9": {"__data__": {"id_": "a21a145c-210e-4775-aa46-00fe0612d3b9", "embedding": null, "metadata": {"page_label": "117", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "cd1b9879-f085-45eb-b6ac-53caf27febd5", "node_type": null, "metadata": {"page_label": "117", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6bca67fcee7de2ea6796a84112fca073e37ef08b67a96e63cb6e67a4c161bcaa"}}, "hash": "15ea2a56663c19878020581f2dab091e837ad4a6d0cb7fbe8c7f28721abc5237", "text": "Sandhar Technologies Limited116\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n Particulars As at \n31 March 2022As at \n31 March 2021\nD.  Cash and cash equivalents \n Balances with banks: \n\u2013 In current accounts  16.40  73.07 \n Cash on hand  7.50  14.28 \n T otal Cash and cash equivalents  23.90  87.35 \n Particulars As at \n31 March 2022As at 31 March \n2021\n E.  Other Bank balances \n In current account for equity dividend  1.07  0.74 \n Deposits with original maturity for  more than 3 months but less than 12 months*  83.10  80.60 \n T otal other bank balances  84.17  81.34 \n*These deposits are held as margin money deposits with government authorities.\n Particulars As at 31 March \n2022As at 31 March \n2021\n F.  Other financial assets \n Security deposits - Non current   1,078.07  986.27 \n Interest accrued but not due on fixed deposits  20.25  16.08 \n Other advances recoverable  94.58  104.73 \n T otal other financial assets  1,192.90  1,107.08 \n Current  40,923.64  35,800.78 \n Non-current  17,443.42  12,425.04 \n T otal financial assets (A+B+C+D+E+F)  58,367.06  48,225.82 \n Break up of financial assets carried at amortised cost  Security Deposits  1,078.07  986.27 \n T otal financial assets carried at amortised cost  1,078.07  986.27 \n7. In ventories\n(Valued at lower of cost and net realizable value)\n Particulars As at \n31 March 2022As at \n31 March 2021\n Raw materials {includes goods in transit of Rs. 575.70 Lacs (31 March 2021: Rs. 756.43 Lacs)}  11,302.47  9,749.35 \n Work in progress  1,249.07  636.15 \n Finished goods {includes goods in transit of Rs. 458.97 Lacs (31 March 2021: Rs. 628.84 Lacs)}  1,937.88  1,902.83 \n Stores and spares  1,165.52  1,133.78 \n 15,654.94 13,422.11 \n Provision for inventory obsolescence  (25.00)  (25.00)\nT otal inventories at the lower of cost and net realisable value  15,629.94  13,397.11", "start_char_idx": 0, "end_char_idx": 1949, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3b2da868-b0f0-4e21-bdde-f5cb919f403e": {"__data__": {"id_": "3b2da868-b0f0-4e21-bdde-f5cb919f403e", "embedding": null, "metadata": {"page_label": "118", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "6cd31fc7-61ec-4a00-bae7-175d7e82c686", "node_type": null, "metadata": {"page_label": "118", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "051c444a8517ef0360f6deae8c30c3053f322d3cfb224da43eabf8a824b8839c"}}, "hash": "051c444a8517ef0360f6deae8c30c3053f322d3cfb224da43eabf8a824b8839c", "text": "117\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n8. Other assets\n Particulars As at \n31 March 2022As at \n31 March 2021\n Other non - current assets\n A.  Capital advances \n (Unsecured and considered good, unless otherwise stated) \n Unsecured, considered good.  198.73  176.04 \n T otal capital advances  198.73  176.04 \n B.  Income-tax asset \n (Unsecured and considered good, unless otherwise stated) \n Advance income-tax (net of provision for taxation) (refer note 15)  444.13  502.34 \n 444.13  502.34 \n T otal other non - current assets (A+B)  642.86  678.38 \n Other current assets \nC.  Other advances \n Unsecured, considered good.  672.84  521.18 \n Doubtful  -   -   \n T otal other advances  672.84  521.18 \n Less: Loss allowance  -   -   \n T otal net other advances  672.84  521.18 \nD.  Prepaid expenses  Prepaid expenses  478.23  269.99 \n 478.23  269.99 \n E.  Balance with statutory / government authorities \n (Unsecured and considered good, unless otherwise stated) \n Unsecured, considered good  1,299.95  486.77 \n T otal balance with statutory / government authorities  1,299.95  486.77 \n F.  Plan Asset \n Plan asset over defined benefit obligation  -    160.78 \n T otal Balance in Plan Assets  -    160.78 \n T otal other current assets (C+D+E+F)  2,451.02  1,438.72 \n Current  2,451.02  1,438.72 \n Non-current  642.86  678.38 \n9. Share capital \n Particulars  As at \n31 March 2022 As at \n31 March 2021 \n A. Authorised share capital \n680 lacs equity shares of Rs.10 each \n(31 March 2021: 680 lacs equity shares of Rs.10 each) 6,800.00  6,800.00 \n2 lacs preference shares of Rs.100 each (31 March 2021: 2 lacs preference shares of Rs.100 each) 200.00  200.00 \n 7,000.00  7,000.00\n B.  Issued, subscribed and fully paid equity share capital \n Particulars  As at \n31 March 2022 As at \n31 March 2021\n601.91 lacs equity shares of Rs. 10 each fully paid up (31 March 2021: 601.91 lacs equity \nshares of Rs. 10 each) 6,019.07  6,019.07\n 6,019.07  6,019.07", "start_char_idx": 0, "end_char_idx": 2085, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "75c3570c-be12-432f-bc0a-813a9f196d5a": {"__data__": {"id_": "75c3570c-be12-432f-bc0a-813a9f196d5a", "embedding": null, "metadata": {"page_label": "119", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "70e6ebea-56d4-4d69-8800-147e09a5d529", "node_type": null, "metadata": {"page_label": "119", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f47d184700b9d107e10e6cfbbdc1677d0ba7c16715eb3326f0a854e93568d6af"}, "3": {"node_id": "c6ec467c-e3b6-44b6-88e7-d2094742193e", "node_type": null, "metadata": {"page_label": "119", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "80451e1c52e186d25f8db5a1104edfd4b2157f08104faa4b0699736c5612375d"}}, "hash": "08bb1c8904122de9070743572d5c24ccad9695831277e11020ccf7cb1cc42252", "text": "Sandhar Technologies Limited118\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n C.  Reconciliation of the equity share outstanding at beginning and at end of the year \n Particulars  As at \n31 March 2022As at \n31 March 2021\n Number  Rs. in Lacs  Number  Rs. in Lacs \n Equity shares outstanding at the beginning of the year 601.91 6019.07  601.91 6019.07\n Issued during the year  - -  - -   \n Outstanding at the end of the year  601.91 6019.07  601.91 6019.07\nRights, preferences and restrictions attached to equity shares  \nThe Company has one class of equity shares having par value of Rs.10 per share (31 March 2021: Rs.10 per share). Each holder of equity \nshares is entitled to one vote per share. The Company declares and pays dividend in Indian rupees.\nThe company has paid final dividend of Rs. 1.00 per equity share of face value Rs. 10 each, which was declared on 21 May 2021. \nIn the event of liquidation of the Company, the share holders of equity shares will be entitled to receive remaining assets of the Company, \nafter distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the share holders.\n D.  Details of shareholders holding more than 5% shares in the compan y \n Particulars  No. of shares in Lacs % of shareholding\n Jayant Davar*  314.31 52.22%\n* 90,909 Equity Shares are held by Mr. Jayant Davar in his Capacity as proprietor of Sandhar Enterprises \nDetails of shares held by promoters as at 31st March 2022\n Particulars No. of shares \nin Lacs (1 April \n2021)  Change during \nthe yearNo. of shares in \nLacs (31 March \n2022)% change during \nthe year% of \nshareholding\nJayant Davar  314.15  0.16  314.31  0.05%  52.22%\nMonica Davar  26.23  -    26.23 0.00% 4.36%\nNeel Jay Davar  15.56  -    15.56 0.00% 2.59%\nDharmendar Nath  Davar  8.40  -    8.40 0.00% 1.39%\nSantosh Davar  7.86  -    7.86 0.00% 1.31%\nPoonam Juneja  0.62  -    0.62 0.00% 0.10%\nSanjeevni Impex Private Limited  16.85  -    16.85 0.00% 2.80%\nYSG Estates Private Limited  16.62  -    16.62 0.00% 2.76%\nSandhar Infosystems Limited  7.94  -    7.94 0.00% 1.32%\nJubin Finance And Investment Ltd  5.74  -    5.74 0.00% 0.95%\nSandhar Estates Private Limited  3.50  -    3.50 0.00% 0.58%\nDetails of shares held by promoters as at 31st March 2021\n Particulars No. of shares \nin Lacs (1 April \n2020) Change during \nthe yearNo. of shares in \nLacs (31 March \n2021) % change during \nthe year% of \nshareholding\nJayant Davar  313.75  0.40  314.15 0.13% 52.19%\nMonica Davar  26.23  -    26.23 0.00% 4.36%\nNeel Jay Davar  15.56  -    15.56 0.00% 2.59%\nDharmendar Nath  Davar  8.40  -    8.40 0.00% 1.39%\nSantosh Davar ", "start_char_idx": 0, "end_char_idx": 2765, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c6ec467c-e3b6-44b6-88e7-d2094742193e": {"__data__": {"id_": "c6ec467c-e3b6-44b6-88e7-d2094742193e", "embedding": null, "metadata": {"page_label": "119", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "70e6ebea-56d4-4d69-8800-147e09a5d529", "node_type": null, "metadata": {"page_label": "119", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f47d184700b9d107e10e6cfbbdc1677d0ba7c16715eb3326f0a854e93568d6af"}, "2": {"node_id": "75c3570c-be12-432f-bc0a-813a9f196d5a", "node_type": null, "metadata": {"page_label": "119", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "08bb1c8904122de9070743572d5c24ccad9695831277e11020ccf7cb1cc42252"}}, "hash": "80451e1c52e186d25f8db5a1104edfd4b2157f08104faa4b0699736c5612375d", "text": " 8.40 0.00% 1.39%\nSantosh Davar  7.86  -    7.86 0.00% 1.31%\nPoonam Juneja  0.62  -    0.62 0.00% 0.10%\nSanjeevni Impex Private Limited  16.85  -    16.85 0.00% 2.80%\nYSG Estates Private Limited  16.62  -    16.62 0.00% 2.76%\nSandhar Infosystems Limited  7.94  -    7.94 0.00% 1.32%\nJubin Finance And Investment Ltd  5.74  -    5.74 0.00% 0.95%\nSandhar Estates Private Limited  3.50  -    3.50 0.00% 0.58%", "start_char_idx": 2733, "end_char_idx": 3138, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "57159532-8360-4c73-b81a-6b9954074271": {"__data__": {"id_": "57159532-8360-4c73-b81a-6b9954074271", "embedding": null, "metadata": {"page_label": "120", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "01ba9af9-d4c2-4b42-ae2b-fcf0f4f73062", "node_type": null, "metadata": {"page_label": "120", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9b0788e8f83bbee71312f7454fb5a74cb6cd7c65e1b97e03cf3cb64759ac7525"}}, "hash": "9b0788e8f83bbee71312f7454fb5a74cb6cd7c65e1b97e03cf3cb64759ac7525", "text": "119\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n10. Other equity\n Particulars As at 31 March \n2022 As at 31 March \n2021\nCapital reserve \nAt the beginning and end of the year  2,653.66  2,653.66 \nSecurities Premium\nBalance at the beginning of the year  27,859.67  27,859.67 \nLess: Share issue expenses  -   -   \nBalance at the end of the year  27,859.67  27,859.67 \nRetained earnings\nBalance at the beginning of the year  44,141.64  39,222.45 \nAdd: Profit for the year  6,142.68  6,523.20 \nOther comprehensive loss - Re-measurement of defined benefit liabilities  (220.43)  (400.20)\nLess: Dividend on equity shares (Final)  (601.91)  (451.43)\nLess: Dividend on equity shares (Interim)  -    (752.38)\nBalance at the end of the year  49,461.98  44,141.64 \nT otal of other equity  79,975.31  74,654.97 \nNature and purpose of other equity\n1. Capital Reserv e: \nThis represents Capital reserve created during the year ended 31 March 2013, consequent to the approval by the Hon\u2019ble High Court of \nDelhi of the scheme of amalgamation of MAG Engineering Private Limited with the Company and will be utilised as per the requirements \nof the Companies Act, 2013.\n2. Securities premium:\nSecurities premium is used to record the premium received on issue of shares. It is utilised in accordance with the provisions of the \nCompanies Act, 2013.\n3.\t Remeasurements \tof\tdefined\tbenefit\tobligation:\nRemeasurements of defined benefit obligation comprises actuarial gains and losses.\n4. Retained earnings\nThis represents the cumulative profits/(losses) of the Company.", "start_char_idx": 0, "end_char_idx": 1684, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d08a3617-b303-4be8-b0a1-cbe806f681b1": {"__data__": {"id_": "d08a3617-b303-4be8-b0a1-cbe806f681b1", "embedding": null, "metadata": {"page_label": "121", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "204929e2-6529-4b6d-8cb4-e8e26cb4e0ce", "node_type": null, "metadata": {"page_label": "121", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "124ac2d6c6d87d005b4e4b9bbd21b0ea07b26636a4c4dd0681ca8e800dedbd4c"}, "3": {"node_id": "11b2c65c-6513-424e-9e08-cc8dbec7a654", "node_type": null, "metadata": {"page_label": "121", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "538e25f6b22a40c79215776d1243a73feeb390dee156dc2dd7a0e7a3163b4ed1"}}, "hash": "a95e034302408272c099d045e699354d2bde04b00867b6bd2a04da1863828d72", "text": "Sandhar Technologies Limited120\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n11. Borrowings\nParticulars  As at \n31 March 2022 As at \n31 March 2021 \nNon-current borrowings\nT erm Loans\nIndian rupee loan from banks (secured) (refer note A)  7,031.25  - \nIndian rupee loan from others (secured) (refer note B)  2,000.00  - \nIndian rupee loan from banks (secured) (refer note C)  -    5.31 \nT otal non-current borrowings  9,031.25  5.31 \nSecured  9,031.25  5.31 \nUnsecured  -   -   \nCurrent borrowings\na) Current maturities of long term loansIndian rupee loan from banks (secured) (refer note A)  468.75  - \nIndian rupee loan from banks (secured) (refer note C)  5.31  18.54 \nT otal Current maturities of long term loans  474.06  18.54 \nb) Cash credit from banks (secured) (refer note D)  9,290.70  4,305.79 \nc) Cash credit from banks (unsecured) (refer note E)  5,000.00  -   \nT otal current borrowings  14,764.76  4,324.33 \nAggregate secured loans  9,764.76  4,324.33 \nAggregate unsecured loans  5,000.00  -   \nParticulars  As at \n31 March 2022 As at \n31 March 2021 \nT erms of borrowings: \n(A) T erm loan from CITI Bank Indian rupee Loan of Rs. 750,000,000 carries interest rate of 5.75% \np.a. The loan is repayable in 16 quarterly installments of Rs. 46,875,000 from January, 2023 7,500.00  -   \n(B) T erm loan from Bajaj Finserve Ltd Indian rupee Loan of Rs. 200,000,000 carries interest rate of \n5.75%-6.00% p.a. The loan is repayable in 16 quarterly installments of Rs. 125,00,000 from April, \n2023  2,000.00  -   \n(C) Vehicle loan are from banks are secured by hypothecation of the financed vehicle.  5.31  23.85 \n(D) Cash credits from banks are secured by way of first pari passu charge on the  inventory and books \ndebts of the company. 9,290.70  4,305.79 \n(E) Cash credit from Federal Bank  5,000.00  - \nAbove term loans are secured by:\n1. First pari passu charge on the entire present and future movable property, plant and equipment of the borrower excluding those \nassets which are specifically funded by other lenders/Financial Institutions\n2. First pari passu charge on im movable properties, of the borrower as detailed below: \ni. 4, HSIDC Industrial Area, Delhi Gurgaon Road, Gurgaon\nii. 3, HSIDC Industrial Area, Delhi Gurgaon Road, Gurgaoniii. Plant at Village Dhumaspur, P .O Badshahpur, Gurgaoniv. Plot no. 24, Sector 3, IMT Manesar, Haryana\nv. Plot no. 44, Sector 3, IMT Manesar, Haryana\nvi. Plot no. 8, Bommasandra- Jigani Link Road Industrial Area, Hubli\nvii. Plot # 12c, Sy No. 47 & 50, KIADB, Bangalore\nviii. Plot # 13a, Sy No. 47 & 50, KIADB, Bangalore\nix. Sandhar Himachal, Bharatgarh Road, T ehsil Nalagarh, District Solan, Himachal Pradesh\nx. Plot No. 7A, KIADB Industrial Area, Attibele Hobli,", "start_char_idx": 0, "end_char_idx": 2832, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "11b2c65c-6513-424e-9e08-cc8dbec7a654": {"__data__": {"id_": "11b2c65c-6513-424e-9e08-cc8dbec7a654", "embedding": null, "metadata": {"page_label": "121", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "204929e2-6529-4b6d-8cb4-e8e26cb4e0ce", "node_type": null, "metadata": {"page_label": "121", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "124ac2d6c6d87d005b4e4b9bbd21b0ea07b26636a4c4dd0681ca8e800dedbd4c"}, "2": {"node_id": "d08a3617-b303-4be8-b0a1-cbe806f681b1", "node_type": null, "metadata": {"page_label": "121", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a95e034302408272c099d045e699354d2bde04b00867b6bd2a04da1863828d72"}}, "hash": "538e25f6b22a40c79215776d1243a73feeb390dee156dc2dd7a0e7a3163b4ed1", "text": "Plot No. 7A, KIADB Industrial Area, Attibele Hobli, Anekal T aluk, Bangalore\n3. Second Pari passu charge on entire present and future current assets of the borrower other than vehicles which are  financed \nexclusively by other lenders. ;Unless mentioned otherwise\nDisclosures as per revised schedule III:\n1. The Company has utilised the borrowings for the purpose it was taken\n2. The quarterly returns/ statements of current assets filed with the banks/ financial institutions are in agreement with the books of \naccounts.", "start_char_idx": 2781, "end_char_idx": 3303, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ce255c81-ba57-4cf8-aab3-397db8dfd6e7": {"__data__": {"id_": "ce255c81-ba57-4cf8-aab3-397db8dfd6e7", "embedding": null, "metadata": {"page_label": "122", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ef89e158-090e-4ec0-a292-5a2a576a7778", "node_type": null, "metadata": {"page_label": "122", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "171587a3c914b8a02fc69ff44022eae80ff34c065b9b6b81c995c113d89802c5"}}, "hash": "0d78b3498cbaeaeeff1a8ea4afd5a74e1a269a6400ead547f65937730c35fda3", "text": "121\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n12. T rade payables\nParticulars  As at  \n31 March 2022 As at \n31 March 2021 \nT otal outstanding dues of micro enterprises and small enterprises (refer note 40)  11,301.89  3,832.45 \nT otal outstanding dues of creditors other than micro enterprises and small enterprises  15,618.01  25,536.90 \nAcceptances*  2,121.18  3,764.01 \nT otal trade payables  29,041.08  33,133.36 \nTerms\tand\tconditions \tof\tthe\tabove\tfinancial \tliabilities:\nFor explanations on the Company\u2019s credit risk management processes, refer to Note 37.\n*Acceptances are arrangements where operational suppliers of goods and services are initially paid by banks/ financial institutions while the \nCompany continues to recognise the liability till settlement with the banks/financial institutions,which are normally effected within a period \nof 90 days.\nTrade Payables ageing schedule as on March 31, 2022\nParticularsOutstanding for following periods from due date of payment\n Less than 1 \nYear  1 - 2 Years  2 - 3 Years  More than \n3 Years T otal\n(i) MSME  11,264.89  21.13  7.78  8.09  11,301.89 \n(ii) Others  17,706.24  9.72  2.37  20.86  17,739.19 \n(iii) Disputed dues \u2014 MSME  -   \n(iv) Disputed dues \u2014 Others  -   \nTrade Payables ageing schedule as on March 31, 2021\nParticularsOutstanding for following periods from due date of payment\n Less than 1 \nYear  1 - 2 Years  2 - 3 Years  More than \n3 Years T otal\n(i) MSME  3,827.17  5.28  -   -    3,832.45 \n(ii) Others  29,238.22  24.84  9.39  28.46  29,300.91 \n(iii) Disputed dues \u2014 MSME  -  -  -   -    -   \n(iv) Disputed dues \u2014 Others  -  -  -   -    -   \n13.\tOther \tfinancial \tliabilities\n Particulars As at \n31 March 2022 As at 31 March \n2021 \nFinancial liabilities at amortised cost\nPayables for capital goods  1,091.86  667.84 \nInterest accrued but not due  0.03  0.14 \nInterest accrued and due on borrowings  25.66  2.13 \nUnpaid equity dividend  1.07  0.74 \nSecurity deposit payable-Current  81.95  81.87 \nProvision for Interest - MSMED (refer note 40)  128.38  74.19 \nLease liabilities - non current (refer note 34)  1,204.74  1,217.02 \nLease liabilities - current (refer note 34)  762.10  613.86 \nT otal financial liabilities at amortised cost  3,295.79  2,657.79 \nCurrent  2,091.05  1,440.77 \nNon-current  1,204.74  1,217.02", "start_char_idx": 0, "end_char_idx": 2432, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "840b8fc1-3538-4e00-9937-3a87958a893a": {"__data__": {"id_": "840b8fc1-3538-4e00-9937-3a87958a893a", "embedding": null, "metadata": {"page_label": "123", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "773cdb1f-f548-4cd3-a2b3-283b1aabeeaf", "node_type": null, "metadata": {"page_label": "123", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "0ca92dfd1266becb2cbd5743ac3cdfc9685a4bc426c32b7068e7350edc40e45b"}}, "hash": "0ca92dfd1266becb2cbd5743ac3cdfc9685a4bc426c32b7068e7350edc40e45b", "text": "Sandhar Technologies Limited122\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n14.  Other current liabilities \n Particulars As at 31 March \n2022 As at 31 March \n2021\n Statutory dues  1,135.35  1,407.82 \n Advance from customers  480.40  388.16 \n T otal  1,615.75  1,795.98 \n Current  1,615.75  1,795.98 \n Non-current  -   -   \n15. Provisions\n Particulars As at 31 March \n2022As at 31 March \n2021\n Provision for employee benefits \n Provision for gratuity (refer note 30)  173.46  -   \n Provision for leave benefits  695.59  641.53 \n Other provisions  Provision for income tax (net of tax paid) (refer note 8B)  609.51  380.95 \n Provision for warranties*  64.94  51.24 \n T otal  1,543.50  1,073.72 \n T otal Income tax liabilities  609.51  380.95 \n T otal Current provision  933.99  692.77 \n*Provision for warranties \n At the beginning of the year  51.24  52.87 \n Accrued during the year  91.23  52.81 \n Utilized during the year  (77.53)  (54.44)\n At the end of the year  64.94  51.24 \n*Provision is recognized for expected warranty claims on products sold during the last two to five years, based on past experience of level \nof repairs and returns. It is expected that the most of this cost will be incurred in the next financial year. Assumption used to calculate the \nprovision for warranties were based on current sales level and current information available about returns based on the two to five year \nwarranty period for all products sold.\n16.  Deferred tax liabilities (net)\n Particulars As at \n31 March 2022As at \n31 March 2021\n Items leading to creation of deferred tax assets \n-Post-employment benefits  219.00  161.00 \n-Provision for doubtful debt & advances  75.00  75.00 \n-Employee benefits  115.00  117.00 \n-Fair value measurement  34.00  -   \n -Impact of IND-AS 116  42.75  43.08 \n T otal deferred tax assets  485.75  396.08 \n Items leading to creation of deferred tax liabilities \n-Property, plant and equipment: Impact of difference between tax and depreciation/amortization \ncharged for the financial reporting  1,327.75  1,391.08 \n T otal deferred tax liabilities  1,327.75  1,391.08 \n Deferred tax assets/(liabilities)  (842.00)  (995.00)\n MAT Credit entitlement  -   -   \n Net deferred tax liabilities  (842.00)  (995.00)", "start_char_idx": 0, "end_char_idx": 2352, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "06473ede-cb69-4456-96cc-4c03ed1e19c3": {"__data__": {"id_": "06473ede-cb69-4456-96cc-4c03ed1e19c3", "embedding": null, "metadata": {"page_label": "124", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9cdc3132-02d9-4a78-8c95-73a6fb26b8bd", "node_type": null, "metadata": {"page_label": "124", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "92e7a53b764257156dd3d3e62486aa405929ed6ef14b794bf03d207e37a89751"}}, "hash": "92e7a53b764257156dd3d3e62486aa405929ed6ef14b794bf03d207e37a89751", "text": "123\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n17.  Re venue from operations \n Particulars  For the year ended  \n31 March 2022  For the year ended  \n31 March 2021 \n Sale of products  189,275.57  1,54,489.52 \n Sale of services  2,100.74  2,079.48 \n Other operating revenue \n Scrap sale  2,725.27  1,961.80 \n Revenue from operations  1,94,101.58  1,58,530.80 \n18. Other income \n Particulars  For the year ended  \n31 March 2022  For the year ended  \n31 March 2021 \n Other non-operating income  Dividend income on long-term investments  23.98  137.03 \n Profit on sale of property, plant and equipment  40.25  42.74 \n Foreign exchange fluctuation gain (net)  -  46.38 \n Interest from bank  8.13  10.35 \n Interest from others  116.81  137.96 \n Interest income on security deposits mearsured at amortised cost   -  45.03 \n Gain on investments carried at fair value through profit or loss  13.19  32.73 \n Other miscellaneous income  312.70  487.11 \n 515.06  939.33 \n19.  Cost of r aw material and components consumed\nRaw material and components consumed\nParticulars  For the year ended  \n31 March 2022  For the year ended  \n31 March 2021 \nInventory at the beginning of the year  9,749.35  8,477.99 \nAdd: Purchases during the year  133,072.35  103,182.08 \n 142,821.70  111,660.07 \nLess: Inventory at the end of the year  11,302.47  9,749.35 \nCost of raw material and components consumed  131,519.23  101,910.72 \n20.\tChanges \t in \t inventories \t of \t finished \t goods \t and \t work-in-progress\nParticulars  For the year ended  \n31 March 2022  For the year ended  \n31 March 2021 \nClosing inventories\nFinished goods  1,937.88  1,902.83 \nWork in progress  1,249.07  636.15 \nOpening inventoriesFinished goods  1,902.83  1,825.18 \nWork in progress  636.15  658.82 \nNet changes  (647.97)  (54.98)", "start_char_idx": 0, "end_char_idx": 1915, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "10d32d59-21f4-4180-bd7c-647c6b153ee4": {"__data__": {"id_": "10d32d59-21f4-4180-bd7c-647c6b153ee4", "embedding": null, "metadata": {"page_label": "125", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8cc90aac-cda6-46a5-b6d7-683c6492cf3d", "node_type": null, "metadata": {"page_label": "125", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "99622d1b5c4896f1ccb1dbfe3c1b9b5d2e59041bafc35a15df29b15168217af1"}}, "hash": "99622d1b5c4896f1ccb1dbfe3c1b9b5d2e59041bafc35a15df29b15168217af1", "text": "Sandhar Technologies Limited124\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n21.\tEmployee \tbenefits\texpense \t\n Particulars  For the year ended  \n31 March 2022  For the year ended  \n31 March 2021 \n Salaries, wages and bonus  21,227.24  18,994.82 \n Contribution to provident and other funds   986.76  867.29 \n Staff welfare expenses  1,020.89  894.09 \n Gratuity expense (refer note 30)  181.06  130.88 \n 23,415.95  20,887.08 \n22. Depreciation and amortization e xpense \n Particulars  For the year ended  \n31 March 2022  For the year ended  \n31 March 2021 \n Depreciation on property, plant and equipment  6,446.49  5,968.91 \n Depreciation on right of use assets  723.52  610.51 \n Amortisation on intangible assets  285.55  282.05 \n 7,455.56  6,861.47 \n Less: Depreciation on plant and machinery capitalized during the year   29.30  4.46 \n 7,426.26  6,857.01 \n23.  Other e xpenses \n Particulars  For the year ended  \n31 March 2022  For the year ended  \n31 March 2021 \n Consumption of stores and spares  4,041.01  3,557.07 \n Packing material  2,471.80  2,061.46 \n Job work charges  3,194.14  3,254.63 \n Rent   144.54  176.93 \n Rates and taxes  137.76  114.53 \n Insurance  205.54  209.52 \n Freight and forwarding charges  1,939.88  1,743.91 \n Power and fuel  5,632.61  4,792.68 \n Repairs and maintenance      \n- Buildings  165.69  153.87 \n- Plant and machinery  1,261.06  621.92 \n- Others  932.18  880.13 \n Legal and professional charges*  818.78  704.68 \n Travelling and conveyance  210.99  114.84 \n CSR expenditure**  209.33  216.66 \n Provision for doubtful debts and advances  -  11.35 \n Reversal of provision for doubtful debts  -  (42.35)\n Bad debts and advances written off  -  42.35 \n Provision for warranties (net of reversal)  91.23  52.81 \n Royalty  94.28  102.29 \n Commission to directors  333.71  371.13 \n Security service charges  573.32  530.24 \n T esting and development expenses  64.08  65.12 \n Festival and celebration expenses  39.12  48.47 \n Directors sitting fee  27.15  40.10 \n Foreign exchange fluctuation loss (net)  2.44  - \n Miscellaneous expenses  627.75  588.81 \n T otal other expenses  23,218.39  20,413.15 \n* Includes payment to auditors :", "start_char_idx": 0, "end_char_idx": 2275, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "abbfa3d3-4d0a-4a4e-a111-356e3908f01a": {"__data__": {"id_": "abbfa3d3-4d0a-4a4e-a111-356e3908f01a", "embedding": null, "metadata": {"page_label": "126", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "47c919f6-c038-431e-abc1-da5d1e137c9d", "node_type": null, "metadata": {"page_label": "126", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2c061abba12627f53e536ccd1c96d99dec682f7004a781a8d2c4ded31dc16533"}}, "hash": "08618a6e92db734901f5e83d6398f53acf99ceb400bc9624cc7795dfb71e5ff9", "text": "125\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n Particulars  For the year ended  \n31 March 2022  For the year ended  \n31 March 2021 \n As auditor: \n- Audit fees  40.00  40.00 \n- Limited Review  12.00  12.00 \n In other capacity \n- Other services (certification fees)  6.00  0.70 \n- Reimbursement of expenses  1.69  1.04 \n T otal  59.69  53.74 \n ** Disclosure relating to CSR expenditure:\n Particulars  For the year ended  \n31 March 2022  For the year ended  \n31 March 2021 \n(a) Gross Amount required to be spent by the Company as per \nSection 135 of the \u201cCompanies Act 2013\u201d 205.53  213.72 \n(b) Amount spent during the year on:\n(i) Construction/acquisition of any asset  -  - \n(ii) On purposes other than (i) above\n- In cash  209.33  216.66 \n- Yet to be paid in cash  -  - \n 209.33  216.66 \n24.  Finance costs \n Particulars  For the year ended  \n31 March 2022  For the year ended \n31 March 2021 \n Interest to banks on \n- T erm loan  85.58  - \n - Cash credit  520.16  375.15 \n- Others  46.03  229.32 \n Interest to others  69.38  65.44 \n Finance charges  21.92  65.26 \n Bank charges  27.11  5.68 \n Interest on lease liabilities (refer note 34)  172.57  168.58 \n T otal finance costs  942.75  909.43", "start_char_idx": 0, "end_char_idx": 1330, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "53b4ffd3-e8a2-4b58-b824-14aed3ce7341": {"__data__": {"id_": "53b4ffd3-e8a2-4b58-b824-14aed3ce7341", "embedding": null, "metadata": {"page_label": "127", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "bd690291-7cfd-49cf-9725-a86eb2193486", "node_type": null, "metadata": {"page_label": "127", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "df60f6f97a12d15b7514e095982d0fe7fe1989071ac77cce13be487379702cc6"}}, "hash": "df60f6f97a12d15b7514e095982d0fe7fe1989071ac77cce13be487379702cc6", "text": "Sandhar Technologies Limited126\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n25.  Ex ceptional Items \n Particulars  For the year ended  \n31 March 2022  For the year ended  \n31 March 2021 \n Impairment loss on investment in join venture (refer note 6)  110.36  - \n T otal exceptional items  110.36  - \n26.  Components of other comprehensiv e income \nThe disaggregation of changes to OCI by each type of reserve in equity is shown below:\nDuring the period ended 31 March 2022:\nParticulars  Retained earnings  T otal \nRe-measurement gain on defined benefit plans  (294.58)  (294.58)\nT ax impact on re-measurement gain on defined benefit plans  74.15  74.15 \n (220.43)  (220.43)\nDuring the year ended 31 March 2021:Particulars  Retained earnings T otal\nRe-measurement losses on defined benefit plans  (534.80)  (534.80)\nT ax impact on re-measurement loss on defined benefit plans  134.60  134.60 \n (400.20)  (400.20)\n27. Earnings P er Share (EPS) \nBasic and Diluted EPS amounts are calculated by dividing the profit for the year attributable to equity holders of the parent by the \nweighted average number of Equity shares outstanding during the year.\n The following reflects the income and share data used in the basic and diluted EPS computations: \n Particulars  For the year ended  \n31 March 2022  For the year ended  \n31 March 2021 \nProfit attributable to equity holders of the Company  6,142.68  6,523.20 \nWeighted average number of equity shares used for computing Earning per Share \n(Basic and Diluted) (Number of shares in Lacs) 601.91  601.91 \nEarning Per Share (Basic and Diluted) (Rs.)  10.21  10.84 \nFace value per share (Rs.)  10  10 \n Reconciliation of weighted average number of equity shares for calculation of Basic and Diluted earnings per share: \n Particulars Number of equity \nshares Weighted average  \nnumber of shares \nEquity shares of face value of Rs. 10 per share:\nBalance as at 1 April 2020  601.91  601.91 \nIssued during the year 2019-20 (Number of shares in lacs)\nBalance as at 31 March 2021  601.91  601.91 \nIssued during the year 2020-21 (Number of shares in lacs)  -  - \nBalance as at 31 March 2022  601.91  601.91 \nAt present, the Company does not have any dilutive potential equity shares", "start_char_idx": 0, "end_char_idx": 2329, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d30931e6-2ca2-4dc3-aa3e-08c79bea362f": {"__data__": {"id_": "d30931e6-2ca2-4dc3-aa3e-08c79bea362f", "embedding": null, "metadata": {"page_label": "128", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2744dfe0-d35a-407a-b951-5da0b2bb4e2a", "node_type": null, "metadata": {"page_label": "128", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f8bd3a37aa4f5b4f3738ac2773a1e54a7f281cc63a8d645001e85cbeac61b59f"}}, "hash": "f8bd3a37aa4f5b4f3738ac2773a1e54a7f281cc63a8d645001e85cbeac61b59f", "text": "127\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n28.  Income T ax \nParticulars  For the year ended  \n31 March 2022  For the year ended  \n31 March 2021 \n(a) The major components of income tax expense for the years ended \n31 March 2022 and 31 March 2021 are:\nIncome tax recognized in statement of profit and loss\nCurrent income tax:\nCurrent tax  2,605.05  2,121.34 \nCurrent tax relating to earlier years  (37.21)  (107.42)\nDeferred tax:\nRelating to origination and reversal of temporary differences  (78.85)  10.60 \nIncome tax expense reported in the statement of profit or loss  2,488.99  2,024.52 \nIncome tax recognized in other comprehensive income\nDeferred tax related to items recognised in OCI during the year:\nNet loss on remeasurements of defined benefit plans  74.15  134.60 \nIncome tax charged to other comprehensive income  74.15  134.60 \nParticulars  For the year ended  \n31 March 2022  For the year ended  \n31 March 2021 \n(b) Reconciliation of effective tax rateReconciliation between average effective tax rate and applicable tax rate for the year \nended 31 March 2022 and 31 March 2021:\nProfit for the year  8,631.67  8,547.72 \nStatutory tax rate 25.168% 25.168%\nIncome tax expense at the statutory rate  2,172.42  2,151.29 \nT ax impact of deductible/ non-deductible expenses\n- Effect of Dividend Income  (6.03)  (34.49)\n- Effect of CSR expenses  52.68  54.53 \n- Effect of Interest paid to MSMED  12.24  7.77 \n- Income tax of earlier years  (37.21)  (107.42)\n- Effect of gain on acquisition of equity interest in joint venture*  180.22  - \n- Others  114.67  (47.16)\nIncome tax expense after adjustment of tax impact of non deductible items  2,488.99  2,024.52 \n*Refer note 6\n29. Group information\nThe Company has investment in following subsidiaries and joint ventures:\nName of the entity Principal \nplace of businessRelationships Percentage of ownership interest\nAs at \n31 March 2022As at \n31 March 2021 \nSandhar T ooling Private Limited India Subsidiary 79.92 79.92\nSandhar T echnologies Barcelona SL Spain Subsidiary 100.00 100.00\nSandhar Engineering Private Limited \n(w.e.f. 14 October 2021)India Subsidiary 100.00 -\nSandhar Automotive Systems Private Limited (formerly known as \nSandhar Daewha Automotive Systems Private Limited (subsidiary \nw.e.f. 28 December 2021)India Subsidiary 100.00 -\nSandhar Auto Castings Private Limited (formerly known as Sandhar \nDaeshin T echnologies Private Limited) \n(subsidiary w.e.f. 1 October 2021)India Subsidiary 100.00 -", "start_char_idx": 0, "end_char_idx": 2609, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "caf6cf3f-9285-4db8-a369-bed8ae35bcf0": {"__data__": {"id_": "caf6cf3f-9285-4db8-a369-bed8ae35bcf0", "embedding": null, "metadata": {"page_label": "129", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e97c2417-7072-4a88-8698-397cef1b683f", "node_type": null, "metadata": {"page_label": "129", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "11be441d6db67924ec05f3128f61ff4080cbd43625e2902d029d314ef7328604"}}, "hash": "11be441d6db67924ec05f3128f61ff4080cbd43625e2902d029d314ef7328604", "text": "Sandhar Technologies Limited128\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nName of the entity Principal \nplace of \nbusinessRelationships Percentage of ownership \ninterest\nAs at  \n31 March 2022As at  \n31 March 2021 \nSandhar Auto Electric Solutions Private Limited (w.e.f. 6 January \n2022)India Subsidiary 100.00 -\nSandhar Strategic System Private Limited (under process of \nStriking off)India Subsidiary - 100.00\nSandhar Han Sung T echnologies Private Limited India Joint Venture 50.00 50.00\nJinyoung Sandhar Mechatronics Private Limited India Joint Venture 50.00 50.00\nSandhar Amkin Industries Private Limited India Joint Venture 50.00 50.00\nSandhar Whetron Electronics Private Limited India Joint Venture 50.00 50.00\nKwangsung Sandhar T echnologies Private Limited India Joint Venture 50.00 50.00\nSandhar Han Shin Auto T echnologies Private Limited India Joint Venture 50.00 50.00\nWinnercom Sandhar T echnologies Private Limited India Joint Venture 50.00 50.00\nSandhar Ecco Green Energy Private Limited (under voluntary \nliquidation)India Joint Venture 50.00 50.00\nSandhar Daeshin Auto Systems Private Limited  (under process of \nStriking off)India Joint Venture - 50.00\nSandhar Automotive Systems Private Limited (formerly known as \nSandhar Daewha Automotive Systems Private Limited \n(joint venture up-to 27 December 2021)India\nJoint Venture- 50.00\nSandhar Auto Castings Private Limited (formerly known as Sandhar \nDaeshin T echnologies Private Limited) \n(joint venture up-to 30 September 2021)India\nJoint Venture- 50.00\nSandhar Han Shin Automotive Private Limited (under process of \nStriking off)India Joint Venture - -\nIndo T oolings Private Limited\n(exit from 9  October 2020)India Joint Venture - -\n30.\tGratuity\tand\tother\tpost-employment\tbenefit\tplans\na.\t Defined\tcontribution\tplan\nThe Company makes contributions, determined as a specified percentage of employee salaries, towards Provident Fund, National \npension scheme and Employee state insurance scheme (\u2018ESI\u2019) which are collectively defined as defined contribution plan. The Company \nhas no obligations other than to make the specified contributions. The contributions are charged to the Statement of Profit and Loss as \nthey accrued.\nThe amount recognized as an expense/ (adjusted):\nParticulars For the year ended\n31 March 2022 31 March 2021\nContribution to provident fund 725.30 635.34\nContribution to national pension scheme 49.91 38.26\nContribution to employee state insurance scheme 44.72 47.69\nb.\t Defined\tbenefit\tplan\nThe Company has a defined benefit gratuity plan for its employees, governed by the Payment of Gratuity Act, 1972. Every employee who \nhas rendered at least five years of continuous service gets a gratuity on departure at the rate of fifteen days of last drawn salary for each \ncompleted year of service or part thereof in excess of 6 months. The scheme is funded with insurance companies in the form of qualifying \ninsurance policies. Gratuity benefits are valued in accordance with the Payment of Gratuity Act, 1972.\nThe most recent actuarial valuation of present value of the defined benefit obligation for gratuity were carried out as at 31 March 2022. \nThe present value of the defined benefit obligations and the related current service cost and past service cost, were measured using the \nProjected Unit Credit Method.", "start_char_idx": 0, "end_char_idx": 3427, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1c296ee2-d869-43d4-8a15-88d9c091f495": {"__data__": {"id_": "1c296ee2-d869-43d4-8a15-88d9c091f495", "embedding": null, "metadata": {"page_label": "130", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "cca73d70-3102-4829-a115-11cbc996b652", "node_type": null, "metadata": {"page_label": "130", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "371da596e1bb8d9b76e349444dfd9083e1e993fe5b92fa292bd9e71c157d734c"}}, "hash": "371da596e1bb8d9b76e349444dfd9083e1e993fe5b92fa292bd9e71c157d734c", "text": "129\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nI.\t Reconciliation \tof\tthe\tpresent\tvalue\tof\tdefined\tbenefit\tobligation \tand\tthe\tfair\tvalue\tof\tthe\tplan\tassets\nParticulars  As at  \n31 March 2022  As at  \n31 March 2021\n Liability for gratuity 2,214.91 1,964.90\n Plan asset for gratuity 2,041.45 2,125.68\n Net plan Asset/ (Liability) (Current): (173.46) 160.78\nII.\t Reconciliation \tof\tpresent\tvalue\tof\tdefined\tbenefit\tobligation:\nParticulars Year ended \n31 Mar 2022Year Ended\n31 Mar 2021\nBalance at the beginning of the year 1,964.90 1,581.68\nCurrent service cost 192.00 170.06\nInterest cost 133.61 107.55\nBenefits paid (190.72) (233.24)\nPast Service Cost including curtailment Gains/Losses - -\nActuarial (gain) / loss on obligation recognised in other comprehensive income 115.12 338.85\nBalance at the end of the year 2,214.91 1,964.90\nIII. Reconciliation of fair value of plan assets:\nParticulars \u00a0Year ended \n31 Mar 2022Year Ended\n31 Mar 2021\nBalance at the beginning of the year 2,125.68 2,157.86\nActual return on plan asset 144.54 146.74\nContribution paid into the plan - -\nBenefits paid (187.71) (220.83)\nActuarial gain/(loss) on plan assets recognized in other comprehensive income (41.06) 41.91\nClosing fair value of plan asset 2,041.45 2,125.68\nIV.\t Expense \trecognized \tin\tthe\tStatement \tof\tProfit\tand\tLoss\tunder\temployee \tbenefits\texpense:\nParticulars For the year ended \n31 March 2022For the year ended \n31 March 2021\nCurrent service cost 192.00 170.06\nPast service cost - -\nInterest cost (10.94) (39.18)\nExpense recognised in the Statement of Profit and Loss 181.06 130.88\nV . Remeasurement recognized in other comprehensiv e income (OCI)\nParticulars For the year ended \n31 March 2022For the year ended \n31 March 2021\nActuarial gain / (loss) on Defined Benefit Obligation (115.12) (338.85)\nGain/ (loss) on Plan Assets excluding interest income (41.06) 41.91\nAmount recognised in the Other Comprehensive Income (156.18) (296.94)\nVI.\tBifurcation \tof\tActuarial \tGain/Loss \ton\tDefined\tbenefit\tobligation:\nParticulars For the year ended \n31 March 2022For the year ended \n31 March 2021\nActuarial gain/(loss) due to demographic assumption change - -\nActuarial gain/(loss) due to financial assumption change (103.47) (367.38)\nActuarial gain/(loss) due to experience adjustment (11.65) 28.53\nAmount recognised in the Other Comprehensive Income (115.12) (338.85)", "start_char_idx": 0, "end_char_idx": 2496, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a8b9686a-1eea-4689-a637-17238959ded2": {"__data__": {"id_": "a8b9686a-1eea-4689-a637-17238959ded2", "embedding": null, "metadata": {"page_label": "131", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "f8858028-4f07-4ce4-be0d-545b6a664489", "node_type": null, "metadata": {"page_label": "131", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "65ab576a46df49d5403e3eee6ccedcc7232918b6ea4e183562ae2c89ab35edfa"}}, "hash": "65ab576a46df49d5403e3eee6ccedcc7232918b6ea4e183562ae2c89ab35edfa", "text": "Sandhar Technologies Limited130\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nThe principal assumptions used in determining gratuity and compensated absences are as follows:\na. Economic assumptions\nThe principal assumptions are the discount rate and salary growth rate. The discount rate is based upon the market yields available on \ngovernment bonds at the accounting date with a term that matches that of liabilities. Salary increase rate takes into account of inflation, \nseniority, promotion and other relevant factors on long term basis. Valuation assumptions are as follows which have been selected by \nthe company.\nParticulars As at \n31 March 2022As at \n31 March 2021\nDiscount rate 7.22% 6.80%\nInflation rate 5.50% 4.50%\nb. Demogr aphic assumptions\nThe estimates of future salary increases, considered in actuarial valuation, take account of inflation, seniority, promotion and other relevant factors, such as supply and demand in the employment market.\nThe overall expected rate of return on assets is determined based on the market prices prevailing on that date, applicable to the period over \nwhich the obligation is to be settled.\nParticulars As at \n31 March 2022As at \n31 March 2021\nMortality table IALM (2012-14) IALM (2012-14)\nRetirement Age 58 years 58 years\nAttrition Rate\nUp to 30 years 10% p.a. 10% p.a.\nFrom 31 to 44 years 3% p.a. 3% p.a.\nAbove 44 years 1% p.a. 1% p.a.\nThe sensitivity analysis above has been determined based on reasonably possible changes of the respective assumptions occurring at the \nend of the year and may not be representative of the actual change. It is based on a change in the key assumption while holding all other \nassumptions constant.\nParticulars As at  31 March 2022 As at 31 March 2021\nIncrease Decrease Increase Decrease\nDiscount rate (0.5% movement) (93.59) 100.64 (83.99) 90.35\nExpected rate of future salary increase (0.5% movement) 97.27 (91.60) 88.26 (83.12)\nSensitivities due to mortality and withdrawals are not material and hence impact of change not calculated.\nSensitivities as to rate of inflation, rate of increase of pensions in payment, rate of increase of pensions before retirement and life expectancy \nare not applicable being a lump sum benefit on retirement.\nGratuity expense expected to be incurred in the next year is Rs. 247.32 Lacs (previous year Rs. 187.82 Lacs).\n Expected maturity analysis:\nParticulars As at \n31 March 2022As at \n31 March 2021\nLess than 1 year 138.86 136.49\n1-2 years 135.70 88.81\n2-5 years 483.71 410.88\nMore than 5 years 1,456.63 1,328.72", "start_char_idx": 0, "end_char_idx": 2650, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ddd37475-e2f3-4fdc-81c6-23a6dcf61fb0": {"__data__": {"id_": "ddd37475-e2f3-4fdc-81c6-23a6dcf61fb0", "embedding": null, "metadata": {"page_label": "132", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c889e5f4-2d6e-436a-af38-2443c62787c2", "node_type": null, "metadata": {"page_label": "132", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "485ba8b05dc58f3a5dd498e9b796e2a419e910ecfe99d041f9b934c2d612c187"}}, "hash": "485ba8b05dc58f3a5dd498e9b796e2a419e910ecfe99d041f9b934c2d612c187", "text": "131\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nOther\tlong-term \temployee \tbenefits:\nDuring the year ended 31 March 2022, the Company has incurred an expense on compensated absences amounting to Rs. 162.20 (previous \nyear Rs. 140.85). The Company determines the expense for compensated absences basis the actuarial valuation of present value of the \nobligation, using the Projected Unit Credit Method.\n31. Contingen t liabilities and commitments (to the extent not provided for)\nA. Capital co mmitments\nParticulars 31 March 2022 31 March 2021\nEstimated amount of contracts remaining to be executed on capital account (net of advances) \nand not provided for1,266.76 557.29\nThe Company has purchased a land at Pune wherein the Company shall commence the construction on the land and commence production.\nB. Contingen t liabilities\nParticulars 31 March 2022 31 March 2021\na. Claims against the Company not acknowledged as debts*\n\u2022 Service tax matters (refer note A below) 310.55 311.03\n\u2022 Income tax matters (refer note B below) 259.08 169.08\n\u2022 Demand notice against Land (Chakan & Pathredi) (refer note C below) 837.52 837.52\n\u2022 Other matters 53.44 61.55\nb. Guarantees given by the Company (refer note D below) 16,728.15 9,620.00\n* It is not practicable for the Company to estimate the timings of cash outflows, if any, in respect of the above pending resolution of the \nrespective proceedings as it is determinable only on receipt of judgements / decisions pending with various forums/ authorities.\nNote A:\ni) Show cause notice received in respect of credit taken on freight outward for the period 2005-2006, 2016-17 and 2017-18. The reply \nhas been submitted and personal hearing is awaited with Assistant Commissioner, Central Excise. The amount involved is Rs. 11.73 \n(31 March, 2021: Rs. 12.21).\nii) Show cause notice received in respect of credit taken on manpower supply for the period 2005-2006 to 2014-15 (up to Feb-15). The \nmatter is pending for personal hearing with the Additional Commissioner, Commissioner, and Joint Commissioner, Central Excise. The amount involved is Rs. 261.07 (31 March, 2021: Rs. 261.07).\niii) Show cause notice received in respect of credit taken on the Services on Commercial and Industrial construction work for the period \n2009-2010. The matter is pending with Additional Commissioner, Central Excise and CESTAT, Chandigarh. The amount involved is Rs. 2.11 (31 March 2021: Rs.2.11).\niv) Show cause notices received in respect of credit taken on outdoor catering & courier services for the period 2010-2011. The matter \nis pending with the Superintendent and Deputy Commissioner, Central excise. The amount involved is Rs. 0.50 (31 March 2021: Rs. 0.50).\nv) Show cause notices received in respect of credit taken on various services such clearing and forwarding agency services, Construction \nand industrial Construction, repair & maintenance, travel agent, pandal, authorized service station & outward freight, for the period 2004-05 to 2016-17 (up to Mar-2017). The personal hearing attended & final order awaited from Assistant Commissioner, LTU New \nDelhi. The amount involved is Rs. 35.14 (31 March 2021: Rs. 35.14).", "start_char_idx": 0, "end_char_idx": 3292, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7087e870-ba7e-40bd-9c4d-dddeca721650": {"__data__": {"id_": "7087e870-ba7e-40bd-9c4d-dddeca721650", "embedding": null, "metadata": {"page_label": "133", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "335c6713-618e-49a5-9ef8-7dcf07da55ef", "node_type": null, "metadata": {"page_label": "133", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "afa98682a37d1d98a96f50e23ece4fb39e843b48f1f84def609bff2dae525142"}, "3": {"node_id": "96e26c1e-0196-405b-9d62-93fa9629fad8", "node_type": null, "metadata": {"page_label": "133", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1027cc0abc49584dafea9ee0e166f3c7c908912562fe427a46dd2a0cd3c8c316"}}, "hash": "6e447245801708e3afa25540e7dbfda2c0e00214b1de108e0b7d1a4d6494f602", "text": "Sandhar Technologies Limited132\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nNote B:\ni) In respect of assessment year 2013-14, demand was issued against expenses disallowed under section 35(2AB) for which deduction \nunder Chapter-VIA was claimed. The appeal has been filed with ITAT. The amount involved is Rs. 64.54 (31 March 2021: Rs. 64.54)\nii) In respect of assessment year 2014-15, demand was issued against expenses disallowed under section 35(2AB) for which deduction \nunder Chapter-VIA was claimed. The appeal has been filed with ITAT. The amount involved is Rs. 3.12 (31 March 2021: Rs. 3.12)\niii) In respect of assessment year 2015-16 demand was issued against certain expenses disallowed under section 35(2AB), 14A etc. The \nappeal has been filed with ITAT. The amount involved is Rs. 11.80 (31 March 2021: Rs.11.80).\niv) In respect of assessment year 2016-17 demand was issued against certain expenses disallowed under section 35(2AB), 14A etc. The \nappeal has been filed with ITAT. The amount involved is Rs. 2.50 (31 March 2021: Rs. 2.50).\nv) In respect of assessment year 2014-15 demand was issued for penalty procedding. The appeal has been filed with CIT-(Appeal)-22. \nThe amount involved is Rs. 3.12 (31 March 2021: Rs. 3.12).\nvi) In respect of assessment year 2017-18 demand was issued for depreciation on Intangible asset, disallowance u/s 14A, disallowance \non membership fee, sponsorship fee and bad debt. The appeal has been filed with CIT (Appeal-22). The amount involved is Rs. 19.40 \n(31 March 2021: Rs. 19.40).\nvii) In respect of assessment year 2016-17 demand was issued for disallowance of MAT credit. The appeal has been filed with ITAT. The \namount involved is Rs. 63.14 (31 March 2021: Rs. 63.14).\nviii)  In respect of assessment year 2018-19 demand was issued for disallowance of provident fund and ESI expenses. The correction has \nbeen filed and amount involved is Rs. 1.46 (31 March 2021: Rs. 1.46).\nix) In the respect of assessment year 2013-14 demand was issued for concealment of income u/s 171(1)(c). The appeal has been filed \nwith CIT (Appeal). The amount involved is Rs.64.54 (31 March 2021: NIL).\nx) In the respect of assessment year 2015-16 demand was issued for concealment of income u/s 171(1)(c). The appeal has been filed \nwith CIT (Appeal). The amount involved is Rs.16.89 (31 March 2021: NIL).\nxi) In the respect of assessment year 2016-17 demand was issued for concealment of income u/s 171(1)(c). The appeal has been filed \nwith CIT (Appeal). The amount involved is Rs.7.42 (31 March 2021: NIL).\nxii) In the respect of assessment year 2016-17 demand was issued for concealment of income u/s 170A. The appeal has been filed with \nCIT (Appeal). The amount involved is Rs.1.15 (31 March 2021: NIL).\nNote C:\ni) In respect of Pathredi Land, Rajasthan State Industrial Development and Investment Corporation has issued a letter dated October \n23, 2015 whereby demand of Rs. 761.04 has been raised for allowing a time extension for making additional investment in the projecton land allotted to the Company (31 March 2021: Rs. 761.04). The Company has filed a request letter to waive off the same.\nii) In respect of Chakan Land, Maharashtra Industrial Development Corporation has issued a letter dated March 3, 2015, asking \nCompany to pay an additional amount aggregating to Rs. 76.48 for a further", "start_char_idx": 0, "end_char_idx": 3458, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "96e26c1e-0196-405b-9d62-93fa9629fad8": {"__data__": {"id_": "96e26c1e-0196-405b-9d62-93fa9629fad8", "embedding": null, "metadata": {"page_label": "133", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "335c6713-618e-49a5-9ef8-7dcf07da55ef", "node_type": null, "metadata": {"page_label": "133", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "afa98682a37d1d98a96f50e23ece4fb39e843b48f1f84def609bff2dae525142"}, "2": {"node_id": "7087e870-ba7e-40bd-9c4d-dddeca721650", "node_type": null, "metadata": {"page_label": "133", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6e447245801708e3afa25540e7dbfda2c0e00214b1de108e0b7d1a4d6494f602"}}, "hash": "1027cc0abc49584dafea9ee0e166f3c7c908912562fe427a46dd2a0cd3c8c316", "text": "to pay an additional amount aggregating to Rs. 76.48 for a further time extension (31 March 2021: Rs. 76.48). The Company is in process to file the waiver letter to Maharashtra Industrial Development Corporation. \nBased on the status of cases and as advised by Company\u2019s tax/legal advisors, wherever applicable, the management believes that the Company has strong chance of success and hence no provision against matters disclosed in \u201cClaims against the Company not acknowledged \nas debts\u201d are considered necessary.\nNote D:\nIn relation to 32(2) above guarantee given by the Company;\nT o facilitate grant of financing facilities to the Company\u2019s Joint Ventures Subsidiaries and others, Company has given Corporate Guarantees \nto banks. As at the year-end, the outstanding Corporate Guarantee/Stand by-Letter of Credits/ bank guarantees so given amounts to Rs. \n16,728.15 (31 March 2021: Rs. 9,620.00).", "start_char_idx": 3392, "end_char_idx": 4292, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "fafbffbc-1941-446c-8f9e-9f307baaba95": {"__data__": {"id_": "fafbffbc-1941-446c-8f9e-9f307baaba95", "embedding": null, "metadata": {"page_label": "134", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "1587c2cc-9d98-4c4f-a206-80145a3d50cc", "node_type": null, "metadata": {"page_label": "134", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "661c0a6b33e65cc454c7bc780a5a8b5d3f7c9ae54d9d0159060139dd38031f55"}}, "hash": "661c0a6b33e65cc454c7bc780a5a8b5d3f7c9ae54d9d0159060139dd38031f55", "text": "133\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n32. Related party tr ansactions\nA. F or the purpose of these financial statements, parties are considered to be related to the Company, if the Company has the ability, \ndirectly or indirectly, to control the party or exercise significant influence over the party in making financial and operating decisions, or \nvice versa, or where the Company and the party are subject to common control or common significant influence. Related parties may \nbe individuals or other entities. \n1. Subsidiary Companies including step-down subsidiaries: Sandhar T ooling Private Limited\nSandhar T echnologies Barcelona S.L.\nSandhar Breniar Project, S.L (Liquidated on 23 April 2021)\nSandhar T echnologies De Mexico S de RL de CV\nSandhar T echnologies Poland sp. z o.o\nSandhar T echnologies Ro SRL (incorporated on 4 March 2021)\nSandhar Engineering Private Limited (w.e.f. 14 October 2021)Sandhar Automotive Systems Private Limited (formerly known as \nSandhar Daewha Automotive Systems Private Limited) (subsidiary w.e.f. 28 December 2021)\nSandhar Auto Castings Private Limited (formerly known as \nSandhar Daeshin T echnologies Private Limited) (subsidiary w.e.f. 1 \nOctober 2021) (subsidiary w.e.f. 1 October 2021)\nSandhar Auto Electric Solutions Private Limited (w.e.f. 6 January \n2022)\nSandhar Auto Electric T echnologies Private Limited (subsidiary \nw.e.f. 28 December 2021)\nSandhar Autotech Private Limited (subsidiary w.e.f. 28 December \n2021) (under strike-off)\nSandhar Strategic Systems Private Limited (under strike-off)\n2. Joint Ventures: Indo T oolings Private Limited (exit from JV w.e.f. 9th October \n2020)\nSandhar Han Sung T echnologies Private Limited\nJinyoung Sandhar Mechatronics Private LimitedSandhar Amkin Industries Private LimitedSandhar Whetron Electronics Private Limited\nKwangsung Sandhar T echnologies Private Limited\nSandhar Han Shin Auto T echnologies Limited\nWinnercom Sandhar T echnologies Private Limited\nSandhar Automotive Systems Private Limited (formerly known \nas Sandhar Daewha Automotive Systems Private Limited) (joint \nventure up-to 27 December 2021)\nSandhar Auto Castings Private Limited (formerly known as \nSandhar Daeshin T echnologies Private Limited) (joint venture up-to 30 September 2021)\nKwangsung Sandhar Automotive Systems Private Limited\nSandhar Ecco Green Energy Private Limited (under voluntary \nliquidation)\nSandhar Daeshin Auto Systems Private Limited (under strike-off)\nSandhar Han Shin Automotive Private Limited (under strike-off)\nSandhar Auto Electric T echnologies Private Limited (joint venture \nup-to 27 December 2021) \nSandhar Autotech Private Limited (Joint Venture up-to 27 \nDecember 2021) (under strike-off)", "start_char_idx": 0, "end_char_idx": 2836, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "2acde77f-4820-431a-b1a6-c469aef954cb": {"__data__": {"id_": "2acde77f-4820-431a-b1a6-c469aef954cb", "embedding": null, "metadata": {"page_label": "135", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "366a74d0-ecf0-4d87-8cdf-9ef9990b70c5", "node_type": null, "metadata": {"page_label": "135", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b14a1bb97bfaa6c45b8b979466c9c4b05e7334bdeadf8f551642a893bf3c1949"}}, "hash": "b14a1bb97bfaa6c45b8b979466c9c4b05e7334bdeadf8f551642a893bf3c1949", "text": "Sandhar Technologies Limited134\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n3. Enterprises over which KMP/ relatives of Key Managerial \nPersonnel are able to exercise control/ significant influence with whom transactions have undertaken during the year:Sandhar Info systems Limited\nSandhar Estate Private Limited\nJubin Finance and Investment Limited\nHaridwar Estates Private Limited\nSwaran Enterprises (Mrs. Santosh Davar is a Partner)\nShorah Realty LLP\nRico Auto Industries Private LimitedKhaitan & Co LLP\n4. Key Managerial Personnel: Mr. Jayant Davar (Co-Chairman and Managing Director),\nMr. Arvind Joshi (Whole Time Director, C.F.O. & Company \nSecretary) (resigned w.e.f. 10 May 2020)\nMr. Narender Kumar Dogra (C.F.O.) (appointed w.e.f. 11 May \n2020) (resigned w.e.f. 31 July 2020)\nMr. Puru Aggarwal (Chief Financial Officer appointed w.e.f. 1 \nAugust 2020) (Whole Time Director w.e.f. 6 November 2020) (resigned w.e.f. 26 February 2021)\nMr. Yashpal Jain (Chief Financial Officer) (appointed w.e.f. 16 \nMarch 2021)\nMs. Komal Malik (Company Secretary) (appointed w.e.f. 6 \nNovember 2020)\nMs. Subhi Gupta (Company Secretary) (appointed w.e.f. 11 May \n2020) (resigned w.e.f. 6 November 2020)\nMr. Arvind Kapur (Non-Executive Independent Director)\nMr. Bharat Anand (Non-Executive Independent Director)\n5. Individual owning an interest in the voting power of reporting \nenterprise that gives them control/ significant influence over the Company:Mr. Jayant Davar\n6. Relatives of Key Managerial Personnel and relatives of Individual owning an interest in the voting power of reporting enterprise that gives them control/ significant influence over the Company with whom transactions have undertaken during the\nyear:Mr. D. N. Davar -(Chairman)\nMrs. Monica Davar \nMr. Neel Jay Davar\nMrs. Santosh Davar\nMrs. Poonam Juneja\nMrs. Urmila JoshiMrs. Minakshi Aggarwal\nB. The following table pro vides the total amount of transactions that have been entered into with related parties for the relevant \nfinancial \tyear.\nNature of \ntransaction Name of related party Relationship For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nPurchase of \nGoodsSwaran Enterprises Enterprises over which relatives of Key Managerial Personnel are able to exercise control/ significant influence3,373.13 2,676.12\nSandhar Automotive Systems Private Limited (Formally known as Sandhar Daewha Automotive Systems Private \nLimited)Joint Venture of Reporting \nEnterprises635.74 332.06\nSandhar Han Sung T echnologies Private LimitedJoint Venture of Reporting Enterprises350.66 230.56\nSandhar Whetron Electronics Private LimitedJoint Venture of Reporting Enterprises55.40 13.89\nSandhar Amkin Industries Private \nLimitedJoint Venture of Reporting Enterprises84.88 34.64", "start_char_idx": 0, "end_char_idx": 2859, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "777e64ce-0888-4c59-b270-0688b3107eff": {"__data__": {"id_": "777e64ce-0888-4c59-b270-0688b3107eff", "embedding": null, "metadata": {"page_label": "136", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "67058945-4619-4c18-b366-f205b41870a4", "node_type": null, "metadata": {"page_label": "136", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "852ab88274375610aad746cd64e620d788d524aa34233807039a7d67d6c5eb35"}}, "hash": "852ab88274375610aad746cd64e620d788d524aa34233807039a7d67d6c5eb35", "text": "135\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nNature of \ntransaction Name of related party Relationship For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nSale of \ngoodsSandhar Han Sung T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises36.51 27.05\nSandhar Automotive Systems Private \nLimited (Formally known as Sandhar \nDaewha Automotive Systems Private \nLimited)Joint Venture of Reporting \nEnterprises832.88 -\nSandhar Amkin Industries Private \nLimitedJoint Venture of Reporting \nEnterprises158.77 138.27\nSandhar Engineering Private Limited Subsidiary 30.24 -\nSandhar Automotive Systems Private \nLimited (Formally known as Sandhar \nDaewha Automotive Systems Private \nLimited)Subsidiary 1,082.67 -\nSwaran Enterprises Enterprises over which relatives \nof Key Managerial Personnel are \nable to exercise control/ significant \ninfluence2.80 1.61\nRico Auto Industries Limited Enterprises over which relatives \nof Key Managerial Personnel are \nable to exercise control/ significant \ninfluence28.97 55.98\nSale of \nProperty, \nPlant and \nEquipmentKwangsung Sandhar Automotive \nSystems Private LimitedJoint Venture of Reporting \nEnterprises- 3.46\nSandhar Engineering Private Limited Subsidiary 39.04 -\nSandhar Automotive Systems Private \nLimited (Formally Known As Sandhar \nDaewha Automotive Systems Private \nLimited)Subsidiary 0.81 -\nSandhar Han Shin Auto T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises0.19 0.83\n Purchase \nof Property, \nPlant and \nEquipmentSandhar T ooling Private Limited Subsidiary 46.27 11.21\nIndo T oolings Private Limited Joint Venture of Reporting \nEnterprises- 3.09\nSandhar Ecco Green Energy Private \nLimitedJoint Venture of Reporting \nEnterprises- 0.17", "start_char_idx": 0, "end_char_idx": 1864, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0f9e616a-24eb-40ea-871d-96030e6be71c": {"__data__": {"id_": "0f9e616a-24eb-40ea-871d-96030e6be71c", "embedding": null, "metadata": {"page_label": "137", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "df9eaaf6-ff72-4952-b367-ab1be8543fa9", "node_type": null, "metadata": {"page_label": "137", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "210928a0d1c3f40da948101e1f4eb0415491fb05225d55db2d8d7ecc84bade4f"}}, "hash": "210928a0d1c3f40da948101e1f4eb0415491fb05225d55db2d8d7ecc84bade4f", "text": "Sandhar Technologies Limited136\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nNature of \ntransaction Name of related party Relationship For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nReimburse -\nment of \nexpenses \nfromSandhar T echnologies Barcelona SL Subsidiary 39.32 92.81\nSandhar T ooling Private Limited Subsidiary 11.03 12.80\nSandhar Han Sung T echnologies \nPrivate Limited Joint Venture of Reporting \nEnterprises 63.09 100.27\nSandhar Infosystems Limited Enterprises under Common control \nwith the Reporting Enterprises- 0.01\nSandhar Ecco Green Energy Private \nLimitedJoint Venture of Reporting \nEnterprises- 0.13\nJinyoung Sandhar Mechatronics \nPrivate LimitedJoint Venture of Reporting \nEnterprises 8.68 19.82\nSandhar Automotive Systems Private \nLimited (Formally known as Sandhar \nDaewha Automotive Systems Private \nLimited)Joint Venture of Reporting \nEnterprises65.18 7.80\nSandhar Amkin Industries Pvt Limited Joint Venture of Reporting \nEnterprises48.70 23.94\nSandhar Whetron Electronics Private \nLimitedJoint Venture of Reporting \nEnterprises13.33 49.37\nWinnercom Sandhar T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises15.69 16.65\nKwangsung Sandhar Automotive \nSystems Private LimitedJoint Venture of Reporting \nEnterprises16.21 2.78\nSandhar Han Shin Auto T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises11.40 39.81\nKwangsung Sandhar T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises0.17 7.50\nSandhar Engineering Private Limited Subsidiary 251.60 -\nSandhar Automotive Systems Private \nLimited (Formally known as Sandhar \nDaewha Automotive Systems Private \nLimited)Subsidiary 0.90 -\nReimburse -\nment of \nexpenses toSandhar T echnologies Barcelona S.L Subsidiary - 8.63\nLease \nrentals \n(including \nservice tax/ \nGST) paid toSandhar Estates Private Limited Enterprises under Common control  \nwith the Reporting Enterprises 32.70 32.70\nJubin Finance & Investment Limited Enterprises under Common control  \nwith the Reporting Enterprises 268.36 268.36\nUrmila Joshi Key Managerial Personnel & their \nrelatives - 0.51\nMinakshi Aggarwal Key Managerial Personnel & their \nrelatives- 49.64\nJayant Davar Key Managerial Personnel & their \nrelatives8.05 7.89\nShorah Realty LLP Enterprises over which relatives \nof Key Managerial Personnel are \nable to exercise control/ significant \ninfluence0.71 0.71", "start_char_idx": 0, "end_char_idx": 2496, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "43a3ab95-52b8-47ea-918a-f8f80cdcde51": {"__data__": {"id_": "43a3ab95-52b8-47ea-918a-f8f80cdcde51", "embedding": null, "metadata": {"page_label": "138", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "498c7346-078d-4d54-a8fa-65c883c673ee", "node_type": null, "metadata": {"page_label": "138", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8a2efc62854909b4e082c7a7448af7b38eaa3cb6fd6d65beda4293c636145da6"}}, "hash": "8a2efc62854909b4e082c7a7448af7b38eaa3cb6fd6d65beda4293c636145da6", "text": "137\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nNature of \ntransaction Name of related party Relationship For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nLease \nrentals   \nreceived \nfromWinnercom Sandhar T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises28.20 26.36\nSandhar Han Sung T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises11.60 23.04\nSandhar Automotive Systems Private \nLimited (Formally known as Sandhar \nDaewha Automotive Systems Private \nLimited)Joint Venture of Reporting \nEnterprises0.14 0.28\nSandhar Automotive Systems Private \nLimited (Formally known as Sandhar \nDaewha Automotive Systems Private \nLimited)Subsidiary 15.16 -\nSandhar Whetron Electronics Private \nLimitedJoint Venture of Reporting \nEnterprises20.16 12.60\nDividend \nReceived \nfromSandhar T ooling Private Limited Subsidiary 23.98 23.98\nIndo T oolings Private Limited Joint Venture of Reporting \nEnterprises- 113.05\nServices \nreceived \nfromSandhar T ooling Private Limited Subsidiaries 0.83 -\nSandhar Han Sung T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises3.56 3.53\nIndo T oolings Private Limited Joint Venture of Reporting \nEnterprises- 0.69\nKhaitan & Co LLP Enterprises over which relatives \nof Key Managerial Personnel are \nable to exercise control/ significant \ninfluence4.50 2.46\nService \nGivenSandhar Amkin Industries Private \nLimitedJoint Venture of Reporting \nEnterprises22.25 -\nSandhar Whetron Electronics Private \nLimitedJoint Venture of Reporting \nEnterprises59.15 17.02\nSandhar T ooling Private Limited Subsidiary - 0.55\nInterest \nReceivedSandhar Automotive Systems Private \nLimited (Formally known as Sandhar \nDaewha Automotive Systems Private \nLimited)Joint Venture of Reporting \nEnterprises13.73 14.78\nSandhar Amkin Industries Private \nLimitedJoint Venture of Reporting \nEnterprises25.44 28.50\nKwangsung Sandhar Automotive \nSystems Private LimitedJoint Venture of Reporting \nEnterprises1.91 0.58\nKwangsung Sandhar T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises- 1.07\nSandhar Engineering Private Limited Subsidiary 18.04 -\nManagerial \nremunera -\ntionJayant Davar Key Managerial Personnel & their \nrelatives 457.43 459.27\nPuru Aggarwal Key Managerial Personnel & their \nrelatives- 69.50\nYashpal Jain Key Managerial Personnel & their \nrelatives105.83 5.25\nKomal Malik Key Managerial Personnel & their \nrelatives23.79 9.27\nSubhi Gupta Key Managerial Personnel & their \nrelatives- 2.44\nArvind Joshi Key Managerial Personnel & their \nrelatives - 7.20\nNarender Kumar Dogra Key Managerial Personnel & their \nrelatives - 7.86", "start_char_idx": 0, "end_char_idx": 2752, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f5107d82-33c8-4e58-90db-20c9081b01dc": {"__data__": {"id_": "f5107d82-33c8-4e58-90db-20c9081b01dc", "embedding": null, "metadata": {"page_label": "139", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ad803bf0-6fdc-4328-965b-ad565643005c", "node_type": null, "metadata": {"page_label": "139", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "38d05eb96fc98ae7daa02e2dda6ab9d755c568d1f33914413da16b023747f1ac"}}, "hash": "38d05eb96fc98ae7daa02e2dda6ab9d755c568d1f33914413da16b023747f1ac", "text": "Sandhar Technologies Limited138\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nNature of \ntransaction Name of related party Relationship For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nDividend \npaidJayant Davar Key Managerial Personnel & their \nrelatives 282.04 627.80\nOthers Enterprises under Common control  \nwith the Reporting Enterprises 46.40 102.42\nOthers Key Managerial Personnel & their \nrelatives 52.80 117.33\n Investment \nmade in \nJV\u2019s and \nsubsidiariesSandhar Han Sung T echnologies  \nPrivate LimitedJoint Venture of Reporting \nEnterprises102.26 254.93\nJinyoung Sandhar Mechatronics \nPrivate LimitedJoint Venture of Reporting \nEnterprises- 436.80\nSandhar Automotive Systems Private \nLimited (Formally known as Sandhar \nDaewha Automotive Systems Private \nLimited)Joint Venture of Reporting \nEnterprises48.85 120.00\nSandhar Amkin Industries Pvt Ltd Joint Venture of Reporting \nEnterprises1,130.00 700.00\nKwangsung Sandhar T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises- 898.85\nKwangsung Sandhar Automotive \nSystems Private LimitedJoint Venture of Reporting \nEnterprises98.66 -\nSandhar Whetron Electronics Private \nLimitedJoint Venture of Reporting \nEnterprises146.04 149.34\nSandhar Engineering Private Limited Subsidiary 3,500.00 -\nSandhar Auto Electric Solutions \nPrivate LimitedSubsidiary 0.01\nSandhar Han Shin Auto T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises- 75.00\nSandhar Auto Castings Private Limited \n(formerly known as Sandhar Daeshin \nT echnologies Private Limited) Joint Venture of Reporting \nEnterprises0.0001 1.00\nLoan  & \nAdvances \nGiven toSandhar Automotive Systems Private \nLimited (Formally known as Sandhar \nDaewha Automotive Systems Private \nLimited)Joint Venture of Reporting \nEnterprises52.38 105.44\nSandhar Amkin Industries Private \nLimitedJoint Venture of Reporting \nEnterprises264.05 505.00\nKwangsung Sandhar Automotive \nSystems Private LimitedJoint Venture of Reporting \nEnterprises100.00 95.00\nKwangsung Sandhar T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises- 165.00\nSandhar Engineering Private Limited Subsidiary 3,900.00 -", "start_char_idx": 0, "end_char_idx": 2263, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9d728203-0f27-4b2e-bb59-ebfb60eed87a": {"__data__": {"id_": "9d728203-0f27-4b2e-bb59-ebfb60eed87a", "embedding": null, "metadata": {"page_label": "140", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c12c6ae4-33dc-4eb5-ae2a-219a18724d0d", "node_type": null, "metadata": {"page_label": "140", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "90781d3e785318c3adbf3eaa23a01d53072ce1c45de5f6d62cb367550581b869"}}, "hash": "90781d3e785318c3adbf3eaa23a01d53072ce1c45de5f6d62cb367550581b869", "text": "139\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nNature of \ntransaction Name of related party Relationship For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nOutstanding \nReceivableSandhar Han Sung T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises- 11.13\nHaridwar Estates Private Limited Enterprises under Common control  \nwith the Reporting Enterprises 130.77 130.77\nJinyoung Sandhar Mechatronics \nPrivate LimitedJoint Venture of Reporting \nEnterprises0.01 0.10\nSandhar T echnologies Barcelona SL Subsidiary 39.32 -\nSandhar Automotive Systems Private \nLimited (Formally known as Sandhar \nDaewha Automotive Systems Private \nLimited)Joint Venture of Reporting \nEnterprises- 214.54\nSandhar Amkin Industries Private \nLimited Joint Venture of Reporting \nEnterprises9.71 509.74\nSandhar Whetron Electronics Private \nLimitedJoint Venture of Reporting \nEnterprises10.54 1.09\nKwangsung Sandhar T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises0.17 -\nSandhar Engineering Private Limited Subsidiary 15.78 -\nSandhar Automotive Systems Private \nLimited (Formally known as Sandhar \nDaewha Automotive Systems Private \nLimited)Subsidiary 1,217.99 -\nKwangsung Sandhar Automotive \nSystems Private LimitedJoint Venture of Reporting \nEnterprises1.88 0.24\nSandhar Han Shin Auto T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises0.05 0.12\nWinnercom Sandhar T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises3.11 -\nRico Auto Industries Limited Enterprises over which relatives \nof Key Managerial Personnel are \nable to exercise control/ significant \ninfluence3.33 15.07\nOutstanding \nPayableSwaran Enterprises Enterprises over which relatives \nof Key Managerial Personnel are \nable to exercise control/ significant \ninfluence381.89 373.29\nShorah Realty LLP Enterprises over which relatives \nof Key Managerial Personnel are \nable to exercise control/ significant \ninfluence0.12 -\nSandhar Han Sung T echnologies \nPrivate Limited Joint Venture of Reporting \nEnterprises 35.37 -\nSandhar T ooling Private Limited Subsidiary 14.02 11.22\nWinnercom Sandhar T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises- 0.05\n Security \ndeposit \ngiven toSandhar Estates Private Limited Enterprises under Common control  \nwith the Reporting Enterprises 36.00 36.00\nJubin Finance & Investment Limited Enterprises under Common control  \nwith the Reporting Enterprises 98.88 98.88\nSecurity \ndeposit \nreceivedWinnercom Sandhar T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises5.97 5.97", "start_char_idx": 0, "end_char_idx": 2705, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f00282b9-39d2-4ccb-b1eb-19283d7593cf": {"__data__": {"id_": "f00282b9-39d2-4ccb-b1eb-19283d7593cf", "embedding": null, "metadata": {"page_label": "141", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "130a4015-f002-4dff-a5db-f76ef6082701", "node_type": null, "metadata": {"page_label": "141", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "646c6e860bdafd97be65fd5658cc99e1b230c1422c5956f25874a15c4e5cd280"}}, "hash": "646c6e860bdafd97be65fd5658cc99e1b230c1422c5956f25874a15c4e5cd280", "text": "Sandhar Technologies Limited140\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nNature of \ntransaction Name of related party Relationship For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nCorporate \nguarantee \n/ stand by \nletter of \ncredit given \ntoSandhar T echnologies Barcelona S L Subsidiary 7,583.38 7,899.87\nSandhar Han Sung T echnologies \nPrivate  LimitedJoint Venture of Reporting \nEnterprises1,744.27 919.69\nSandhar Amkin Industries Private \nLimitedJoint Venture of Reporting \nEnterprises1,890.95 700.00\nSandhar Engineering Private Limited Subsidiary 5,429.27 -\nManagerial \nRemunera -\ntion PayableJayant Davar Key Managerial Personnel & their \nrelatives 325.40 361.82\nYashpal Jain Key Managerial Personnel & their \nrelatives8.40 5.25\nKomal Malik Key Managerial Personnel & their \nrelatives1.87 1.79\nInvestment \nin JV\u2019s and \nsubsidiaries  Sandhar Han Sung T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises1956.44 1,854.18\nSandhar T ooling Private Limited Subsidiary 387.19 387.19\nSandhar T echnologies  Barcelona SL Subsidiary 2029.00 2,029.00\nSandhar Ecco Green Energy Private \nLimited*Joint Venture of Reporting \nEnterprises222.48 222.48\nSandhar Strategic Systems Private \nLimited***Subsidiary 1.00 1.00\nJinyoung Sandhar Mechatronics \nPrivate Limited@Joint Venture of Reporting \nEnterprises1,336.87 1,336.87\nSandhar Automotive Systems Private \nLimited (formerly known as Sandhar \nDaewha Automotive System Pvt Ltd)Subsidiary 1,666.16 -\nSandhar Automotive Systems Private \nLimited (Formally known as Sandhar \nDaewha Automotive Systems Private \nLimited)Joint Venture of Reporting \nEnterprises- 1,617.31\nSandhar Amkin Industries Private Ltd Joint Venture of Reporting \nEnterprises2,662.00 1,532.00\nSandhar Daeshin Auto Systems Private \nLimited***Joint Venture of Reporting \nEnterprises1.07 1.07\nSandhar Whetron Electronics Private \nLimitedJoint Venture of Reporting \nEnterprises978.45 832.41\nWinnercom Sandhar T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises400.00 400.00\nSandhar Han Shin Automotive Private \nLimited**Joint Venture of Reporting \nEnterprises- 1.00\nSandhar Auto Castings Private Limited \n(formerly known as Sandhar Daeshin \nT echnologies Private Limited)Joint Venture of Reporting \nEnterprises- 1.00\nSandhar Auto Castings Private Limited \n(formerly known as Sandhar Daeshin \nT echnologies Private Limited)Subsidiary 1.00 -\nSandhar Han Shin Auto T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises275.00 275.00\nKwangsung Sandhar T echnologies \nPrivate LimitedJoint Venture of Reporting \nEnterprises1,008.37 1,008.37\nKwangsung Sandhar Automotive \nSystems Private LimitedJoint Venture of Reporting \nEnterprises98.66 -\nSandhar Auto Electric Solutions \nPrivate LimitedSubsidiary 0.01 -\nSandhar Engineering Private Limited Subsidiary 3,500.00 -", "start_char_idx": 0, "end_char_idx": 2947, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9103e29c-4abd-499c-aae5-f14ba3aad14c": {"__data__": {"id_": "9103e29c-4abd-499c-aae5-f14ba3aad14c", "embedding": null, "metadata": {"page_label": "142", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "ba4a4fbc-dd62-441f-a69f-65e5a5002faf", "node_type": null, "metadata": {"page_label": "142", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b5d071f300d1df1fdfad710089f52cd8b7be5ba66dc0dde85b52b9d291567009"}}, "hash": "b5d071f300d1df1fdfad710089f52cd8b7be5ba66dc0dde85b52b9d291567009", "text": "141\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n@During the year ended 31 March 2022, the company performed an impairment assessment of its investment in equity shares and \npreference shares of Jinyoung Sandhar Mechatronics Private Limited to compute the fair value of its investment. Based on management\u2019s \nassessment, as the fair value of the investment was lower than the carrying amount of the investment, an impairment charge of Rs. \n110.36 Lacs was recognized in the standalone financial statements.\n*During the year ended 31 March 2020, the Company noted an impairment trigger on account of proposed discontinuation of business \nin its joint venture company (\u2018Sandhar Ecco Green Energy Private Limited\u2019). Company performed an impairment assessment of \nits investment in equity shares of Sandhar Ecco Green Energy Private Limited to compute the fair value of its investment. Based on \nmanagement\u2019s assessment, as the fair value of the investment was lower than the carrying amount of the investment, an impairment \ncharge of Rs. 143.17 Lacs (31 March 2019 Rs. 148.05) Lacs was recognized in the standalone financial statements. In absence of \nvisibility of business in the joint venture, the financial statements of the JV have been prepared on non-going concern basis, where the \nassets and liabilities have been disclosed as a realizable basis. During the current year the Investment in joint venture has been shown \nat the realisable value.\n**During the year ended 31 March 2021, Sandhar Han Shin Automotive Private Limited, a joint venture of the company was struck off \nunder section 248 of the Companies Act, 2013. Hence company noted an impairment of investment amounting Rs. 1.00 Lacs.\n***During the year ended 31 March 2022, Sandhar Daeshin Auto Systems Private Limited, a joint venture of the company and Sandhar \nStrategic Systems Private Limited, a wholly owned subsidiary of the company was struck off under section 248 of the Companies Act, \n2013. Hence company noted an impairment of investment amounting Rs. 2.07 Lacs.\nC. T erms and conditions of transactions with related parties\nAll transactions with these related parties are priced on arm\u2019s length basis and resulting outstanding balances at the year-end are \nunsecured and interest free and are to be settled in cash. The Company has not recorded any impairment of receivables relating to \namounts owed by related parties. This assessment is undertaken in each financial year through examining the financial position of the \nrelated party and the market in which the related party operates.\n33. Disclosure r equired under Section 186(4) of the Companies Act, 2013\n(i) P articulars of loan given (Loan repayable on demand were given to related parties as mentioned below)\nName of the loanee Loan \ngiven in earlier yearsLoan given during the yearLoan written offRepayment during the year Converted into EquityOutstanding balance as at 31 March 2022Purpose\nSandhar Automotive \nSystem Private \nLimited (formerly known as Sandhar Daewha Automotive \nSystems Private \nLimited)133.18 - - 133.18\n-- Loan given to joint \nventure company in \npursuant to business support.\nSandhar Amkin \nIndustries Private \nLimited505.00 200.00 - 215.00 490.00 - Loan given to joint \nventure company in \npursuant to business support.\nKwangsung Sandhar \nAutomotive Systems \nPrivate Limited- 100.00 - 100.00\n-- Loan given to joint \nventure company in \npursuant to business support.\nSandhar Engineering Private Limited- 3,900.00 - 3,900.00\n-- Loan given to subsidiary company in pursuant to business support.", "start_char_idx": 0, "end_char_idx": 3689, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "aafbb58d-5fe6-4eaa-a57f-93b574c0e37a": {"__data__": {"id_": "aafbb58d-5fe6-4eaa-a57f-93b574c0e37a", "embedding": null, "metadata": {"page_label": "143", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "6b2318d8-3c49-4eeb-8b3c-40c54e195be8", "node_type": null, "metadata": {"page_label": "143", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1bc9855e44d774802a277b76094717218d974e1f68cfc26c18af764e4362bbea"}}, "hash": "1bc9855e44d774802a277b76094717218d974e1f68cfc26c18af764e4362bbea", "text": "Sandhar Technologies Limited142\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nName of the loanee Loan \ngiven in earlier yearsLoan given during the yearLoan written offRepayment during the year Converted into EquityOutstanding balance as at 31 March 2021Purpose\nSandhar Automotive \nSystem Private \nLimited(formerly \nknown as Sandhar Daewha Automotive Systems Private \nLimited)88.18 45.00 - - - 133.18 Loan given to joint \nventure company in \npursuant to business \nsupport.\nSandhar Amkin Industries Private \nLimited430.00 505.00 - 150.00 280.00 505.00 Loan given to joint \nventure company in \npursuant to business \nsupport.\nKwangsung Sandhar \nAutomotive Systems \nPrivate Limited- 95.00 - 95.00 - - Loan given to joint \nventure company in \npursuant to business support.\nKwangsung Sandhar T echnologies Private Limited- 165.00 - 165.00 - - Loan given to joint venture company in pursuant to business support.\nii. Particulars of Corporate guarantee / stand by letter of credit given to:\nName of the entity Guarantee \ngivenGuarantee dischargedOutstanding balancePurpose\nSandhar T echnologies Barcelona SL 7,583.38 - 7,583.38 T o secure term loan & working capital \nloan\nSandhar Han Sung T echnologies Private  \nLimited1,744.27 - 1,744.27 T o secure term loan & working capital loan\nSandhar Amkin Industries Private Limited 1,890.95 - 1,890.95 T o secure term loan & working capital loan\nSandhar Engineering Private Limited 5,429.27 - 5,429.27 T o secure term loan & working capital loan\n(iii) Particulars of investments made:\nRefer note 6A for investments made by the Company.\n34. L eases\ni.) The Company has lease contracts for land & building used in its operations. Generally, the Company is restricted from assigning and \nsubleasing the leased assets. The Company also has certain leases of guest house and other equipment with lease terms of 12 months \nor less. The Company applies the \u2018short-term lease\u2019 recognition exemptions for these leases.\nii.) Impact o f adoption of Ind AS 116 on the statement of profit and loss\nParticulars For the year ended \n31 March 2022For the year ended \n31 March 2021\nInterest on lease liabilities (refer note 24) 172.57 168.58\nDepreciation of Right-of-use assets (refer note 4) 723.52 610.51\nImpact on the statement of profit and loss for the year 896.09 779.09\niii.) Amount recogn ised in the statement of cash flows\nParticulars For the year ended \n31 March 2022For the year ended \n31 March 2021\nRepayment of lease liabilities including interest expenses 872.40 741.37\nImpact on the statement of cash flows for the year 872.40 741.37\niv.) Refer  note 37 for contractual maturities of lease liabilities.", "start_char_idx": 0, "end_char_idx": 2747, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1e2e49ec-c3a7-40e4-8049-c893589f9801": {"__data__": {"id_": "1e2e49ec-c3a7-40e4-8049-c893589f9801", "embedding": null, "metadata": {"page_label": "144", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "800519b2-a625-49fa-b383-1b87a5a088ae", "node_type": null, "metadata": {"page_label": "144", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c47fd014c8827fa20f30c0008606448d4195ec8768697a603c35949e2ec0d179"}}, "hash": "c47fd014c8827fa20f30c0008606448d4195ec8768697a603c35949e2ec0d179", "text": "143\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n35. Financial Instruments- Fair V alues\nSet out below, is a comparison by class of the carrying amounts and fair value of the Company\u2019s financial instruments, other than those  \nwith carrying amounts that are reasonable approximations of fair values:\nParticulars Carrying value  Fair value \nAs at \n31 March 2022As at  \n31 March 2021As at \n31 March 2022As at  \n31 March 2021\n\u00a0 Financial assets \u00a0 \u00a0 \u00a0 \u00a0\nA. FVTPL:\n\u00a0 Investment in Unquoted Equity Shares \nexcluding investment in subsidiaries, joint \ncontrolled entities and associate97.24 84.05 97.24 84.05\nB. Amortised Cost:\n\u00a0 Security deposit 1,078.07 986.27 1,078.07 986.27\n\u00a0 Loans recoverable from related parties - 638.18 - 638.18\n\u00a0 Loans to employees 41.48 40.40 41.48 40.40\n\u00a0 T otal 1,216.79 1,748.90 1,216.79 1,748.90\n\u00a0 Financial liabilities\nA. Amortised Cost:\nBorrowings\n\u00a0 Loans 23,796.01 4,329.64 23,796.01 4,329.64\n\u00a0 Lease liabilities 1,966.84 1,830.88 1,966.84 1,830.88\n\u00a0 T otal 25,762.85 6,160.52 25,762.85 6,160.52\nThe management assessed that the fair values of short term financial assets and liabilities significantly approximate their carrying amounts \nlargely due to the short-term maturities of these instruments. Accordingly, management has not disclosed fair values for financial instruments \nsuch as trade receivables, trade payables, cash and cash equivalents, other current assets, interest accrued on fixed deposits, other current \nliabilities etc.\nThe fair value of the financial assets and liabilities is included at the amount at which the instrument could be exchanged in a current \ntransaction between willing parties, other than in a forced or liquidation sale.\nThe following methods and assumptions were used to estimate the fair values:\nLong-term fixed-rate and variable-rate Receivables/Borrowings are evaluated by the company based on parameters such as interest Rates, \nspecific country risk factors, individual creditworthiness of the customer and the risk characteristics of the financed project based on this \nevaluation, allowances are taken into account for the expected credit losses of these receivables.\nThe fair value of unquoted instruments, is calculated by arriving at intrinsic value of the investee. The fair value of loans from banks and other \nfinancial liabilities, obligations under finance leases, as well as other non-current financial liabilities is estimated by discounting future cash \nflows using rates currently available for debt on similar terms, credit risk and remaining maturities.\nThe Company has entered into derivative financial instruments with financial institutions/ banks through Cross currency interest rate swap \nand principals swap. \nSuch derivatives are valued using valuation techniques, which employs the use of market observable inputs. Valuation technique applied by \nthe company is Mark to Market as provided by the bank as on the date of valuation.\nDiscount rates used in determining fair value:The interest rates used to discount estimated future cash flows, where applicable, are based on the discount rate that reflects the issuer\u2019s \nborrowing rate as at the end of the reporting period. \nThe Company maintains policies and procedures to value financial assets or financial liabilities using the best and most relevant data available. \nIn addition, the Company internally reviews valuation, including independent price validation for certain instruments.", "start_char_idx": 0, "end_char_idx": 3570, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "53aba50e-56b0-4c7a-8697-62669d167ea1": {"__data__": {"id_": "53aba50e-56b0-4c7a-8697-62669d167ea1", "embedding": null, "metadata": {"page_label": "145", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "88df0f47-3b31-4145-9e83-a59401557b4c", "node_type": null, "metadata": {"page_label": "145", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "139ec92ea2436569b299a71ac3a4bb0711941fb4ab4061c7800e36869dee7078"}}, "hash": "139ec92ea2436569b299a71ac3a4bb0711941fb4ab4061c7800e36869dee7078", "text": "Sandhar Technologies Limited144\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n36. Fair value hier archy\nThis section explains the judgements and estimates made in determining the fair values of the financial statements that are ;\n(a) recognised a nd measured at fair value and \n(b) measured at amortised cost  and for which fair values are disclosed in the financial statements. \nT o provide an indication about the reliability of the inputs used in determining fair value, the company has classified its financial instruments \ninto three levels prescribed under the accounting standard.\nAll financial instruments for which fair value is recognised or disclosed are categorised with in the fair value hierarchy, described as follows, \nbased on the lowest level input that is significant to the fair value measurement as a whole:\nLevel 1: quoted prices (unadjusted) in active markets for identical assets or liabilities.Level 2 : inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or \nindirectly (i.e. derived from prices).Level 3: inputs for the asset or liability that are not based on observable market data (unobservable inputs).\nThe company has an established control framework with respect to the measurements of fair values. This includes a valuation team and has \noverall responsibility for overseeing all significant fair value measurements and reports directly to the Chief Finance Officer. The valuation \nteam regularly reviews significant unobservable inputs and valuation adjustments. If third party information, such as broker quotes or \npricing services, is used to measure fair values, then the valuation team assesses the evidence obtained from the third parties to support the \nconclusion that these valuations meet the requirements of Ind AS, including the level in the fair value hierarchy in which the valuations should be classified. Significant valuation issues are reported to the Company\u2019s audit committee.\nThe following table provides the fair value measurement hierarchy of the Company\u2019s assets and liabilities.\nA. Quantitativ e disclosures fair value measurement hierarchy for assets as at 31 March 2022:\nParticulars T otal Fair value measurement using\nQuoted prices in \nactive marketsSignificant \nobservable \ninputsSignificant \nunobservable \ninputs\n(Level 1) (Level 2) (Level 3)\nAssets measured at FVTPL: \u00a0\nInvestment in Unquoted Equity Shares excluding \ninvestment in subsidiaries, joint controlled entities and \nassociate97.24 - - 97.24\nAssets measured at amortised cost for which fair \nvalues are disclosed (refer note 35):\nSecurity deposit 1,078.07 - - 1,078.07\nLoans recoverable from related parties - - - -\nLoans to employees 41.48 - - 41.48\nLiabilities measured at amortised cost for which fair \nvalues are disclosed (refer note 35):\nLoans 23,796.01 - - 23,796.01\nLease liabilities 1,966.84 - - 1,966.84\nDuring the year ended 31 March 2022, there were no transfers between Level 1 and Level 2 fair value measurements.", "start_char_idx": 0, "end_char_idx": 3146, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "050806e5-55bb-47e1-94ee-c1a83e7bed53": {"__data__": {"id_": "050806e5-55bb-47e1-94ee-c1a83e7bed53", "embedding": null, "metadata": {"page_label": "146", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "79de5680-d050-4edd-afb4-1158d58a6572", "node_type": null, "metadata": {"page_label": "146", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "dfe1f00845d85d67d10e48c980b7c8aff9748fd9c8406a749bb19e65389f3357"}, "3": {"node_id": "b0eae0ab-5523-4d9b-bfcf-8a42dee4bf9d", "node_type": null, "metadata": {"page_label": "146", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "37e201e1dd15fa6d7a635d0734ca0a19f62b03828fdf6ddafcacba2fe923efa9"}}, "hash": "487209c9c6764c99e436b3cd7aa68ad1b37d1da1dcee2cebcf4fe83d6ffc80a6", "text": "145\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nB. Quantitativ e disclosures fair value measurement hierarchy for assets as at 31 March 2021:\nParticulars\nT otalFair value measurement using\nQuoted prices in \nactive marketsSignificant \nobservable \ninputsSignificant \nunobservable \ninputs\n(Level 1) (Level 2) (Level 3)\nAssets measured at FVTPL:\nInvestment in Unquoted Equity Shares excluding \ninvestment in subsidiaries, joint controlled entities and associate84.05 - - 84.05\nAssets measured at amortised cost for which fair \nvalues are disclosed (refer note 35):\nSecurity deposit 986.27 - - 986.27\nLoans recoverable from related parties 638.18 - - 638.18\nLoans to employees 40.40 - - 40.40\nLiabilities measured at amortised cost for which fair \nvalues are disclosed (refer note 35):\nLoans 4,329.64 - - 4,329.64\nLease liabilities 1,830.88 - - 1,830.88\nDuring the year ended 31 March 2021, there were no transfers between Level 1 and Level 2 fair value measurements.\n37. Finan cial risk management objectives and policies\nThe Company is primarily engaged in the manufacturing and assembling of automotive components such as lock-set, mirrors and various \nsheet metal components including cabins for two wheelers, four wheelers and off road vehicle industry. The Company\u2019s principal financial \nliabilities, comprises loans and borrowings, trade and other payables and finance lease obligation. The main purpose of these financial liabilities \nis to support the Company\u2019s operations. The Company\u2019s principal financial assets include investments in equity, employee advances, trade \nand other receivables, security deposits, cash and short-term deposits that derive directly from its operations. The Company also enters into \nderivative transactions viz. CCIRS and Principal Swaps.\nThe Company has exposure to the following risks arising from financial instruments \n\u2022 Market risk (see (b));\n\u2022 Credit risk (see (c)); and \n\u2022 Liquidity risk (see (d)).\nThis note explains the sources of risk which the entity is exposed to and how the entity manages the risk and the impact of hedge accounting \nin the financial statements.\na. Risk Management F ramework\nThe Company\u2019s activities make it susceptible to various risks. The company has taken adequate measures to address such concerns \nby developing adequate systems and practices. The Company\u2019s overall risk management program focuses on the unpredictability of \nmarkets and seeks to manage the impact of these risks on the Company\u2019s financial performance. \nThe Company\u2019s senior management oversee the management of these risks and advises on financial risks and the appropriate financial risk \ngovernance framework for the Company. The board provides assurance to the shareholders that the Company\u2019s financial risk activities \nare governed by appropriate policies and procedures and that financial risks are identified, measured and managed in accordance with \nthe Company\u2019s policies and risk objectives. All derivative activities for risk management purposes are carried out by specialist teams that \nhave the appropriate skills, experience and supervision. It is the Company\u2019s policy that no trading in derivatives for speculative purposes \nmay be undertaken. \nThe Company\u2019s risk management policies are established to identify and analyse the risks faced by the company, to set appropriate risk \nlimits and controls and to monitor risks and adherence to limits. Risk management policies are reviewed regularly to reflect changes \nin market conditions and company\u2019s activities. The company, through its training and management standards and procedures, aims to \nmaintain a disciplined and constructive control environment in which all employees understand their roles and obligations.\nThe", "start_char_idx": 0, "end_char_idx": 3863, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b0eae0ab-5523-4d9b-bfcf-8a42dee4bf9d": {"__data__": {"id_": "b0eae0ab-5523-4d9b-bfcf-8a42dee4bf9d", "embedding": null, "metadata": {"page_label": "146", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "79de5680-d050-4edd-afb4-1158d58a6572", "node_type": null, "metadata": {"page_label": "146", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "dfe1f00845d85d67d10e48c980b7c8aff9748fd9c8406a749bb19e65389f3357"}, "2": {"node_id": "050806e5-55bb-47e1-94ee-c1a83e7bed53", "node_type": null, "metadata": {"page_label": "146", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "487209c9c6764c99e436b3cd7aa68ad1b37d1da1dcee2cebcf4fe83d6ffc80a6"}}, "hash": "37e201e1dd15fa6d7a635d0734ca0a19f62b03828fdf6ddafcacba2fe923efa9", "text": "control environment in which all employees understand their roles and obligations.\nThe Company\u2019s audit committee oversees how management monitors compliance with the company\u2019s risk management policies and \nprocedures, and reviews the adequacy of the risk management framework in relation to the risks faced by the company. The audit \ncommittee is assisted in its oversight role by internal audit. Internal audit undertakes both regular and ad hoc reviews of risk management \ncontrols and procedures, the results of which are reported to the audit committee.\nThis note explains the sources of risk which the entity is exposed to and how the entity manages the risk and the impact of hedge \naccounting in the financial statements.", "start_char_idx": 3777, "end_char_idx": 4505, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3f771a51-9b71-4ef1-8749-f6e9cef69e95": {"__data__": {"id_": "3f771a51-9b71-4ef1-8749-f6e9cef69e95", "embedding": null, "metadata": {"page_label": "147", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "a99cc17c-b156-4b15-802f-3d1e2a955c0f", "node_type": null, "metadata": {"page_label": "147", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6efd1b65214566400136cedf00783d3122e73ddaeccefb0025ca214d137a5f8b"}}, "hash": "6efd1b65214566400136cedf00783d3122e73ddaeccefb0025ca214d137a5f8b", "text": "Sandhar Technologies Limited146\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nRisk Exposure arising from Measurement Management of risk\nCredit Risk Cash and cash equivalents, trade receivables, \nderivative financial instruments, financial assets measured at amortised cost.Ageing analysis,Credit ratingsDiversification of bank deposits, credit limits and letter of credit.\nLiquidity Risk Borrowings and liabilities Cash flow forecasting,Sensitivity analysisAvailability of borrowing facilities.\nMarket risk - foreign \ncurrency riskFuture commercial transactions, Recognised financial liabilities not denominates in Indian \nRupee (INR)Cash flow forecasting,\nSensitivity analysis Cross currency \nprincipal interest swaps Market risk \u2013 interest rate riskLong-term borrowings at variable rates Sensitivity analysis\nb. Mark et Risk\nMarket risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices. \nMarket risk comprises following types of risk: interest rate risk, currency risk, price risk, and commodity risk. Financial instruments \naffected by market risk include loans and borrowings, investment, deposits, advances and derivative financial instruments.\nThe sensitivity analyses in the following sections relate to the position as at 31 March 2022 and 31 March 2021. The sensitivity analyses \nhave been prepared on the basis that the amount of net debt, the ratio of floating to fixed interest rates of the debt and derivatives and \nthe proportion of financial instruments in foreign currencies are all constant in place at 31 March 2022.\nThe analyses exclude the impact of movements in market variables on: the carrying values of gratuity and other post-retirement \nobligations; provisions.\nThe following assumptions have been made in calculating the sensitivity analyses:-The sensitivity of the relevant profit or loss item is the effect of the assumed changes in respective market risks. This is based on the \nfinancial assets and financial liabilities held at 31 March 2022 and 31 March 2021.\nc. Interest r ate risk \nInterest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market \ninterest rates. The Company\u2019s exposure to the risk of changes in market interest rates relates primarily to the Company\u2019s long-term debt \nobligations with fixed interest rates.\nThe Company enters Cross Currency Interest Rate Swaps to manage its Forex and interest rate risk, in which it agrees to exchange, at \nspecified intervals, the difference between floating and fixed rate interest amounts calculated by reference to an agreed-upon notional \nprincipal amount.\nExposure to interest rate risk\nThe interest rate profile of the Company\u2019s interest bearing financial instruments as reported to management is as follows:\nParticulars 31 March 2022 31 March 2021\nFinancial Liabilities \u00a0\nFixed rate instruments \n- T erm Loan 9,500.00 -\n- Vehicle Loan 5.31 23.85\nVariable rate instruments\n- Cash credit from bank 14,290.70 4,305.79\nFinancial Assets\nFixed rate instruments\n- Fixed Deposits 83.10 80.60\n- Loans 41.48 678.58\n- Security Deposits 1,078.07 986.27", "start_char_idx": 0, "end_char_idx": 3305, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "44e39ca6-cf1c-4989-8d85-fb859e9e052c": {"__data__": {"id_": "44e39ca6-cf1c-4989-8d85-fb859e9e052c", "embedding": null, "metadata": {"page_label": "148", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "fdd3ddb5-0ff5-475d-a4e2-49c7569d6db6", "node_type": null, "metadata": {"page_label": "148", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "83cd679e1459f04cb6f2700ce7c28abbf53829d9b08ca01967ff5cced5d605c2"}}, "hash": "83cd679e1459f04cb6f2700ce7c28abbf53829d9b08ca01967ff5cced5d605c2", "text": "147\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nThe Company does not account for fixed rate financial assets or financial liabilities at fair value through profit or loss, and the company does \nnot designate derivatives (interest rate swaps) as hedging instruments under a fair value hedge accounting model. Therefore, a change in \ninterest rates at the reporting date would not affect profit or loss.\nInterest Rate sensitivity\nA reasonably possible change of 100 basis points in interest rates at the reporting date would have increased (decreased) equity and profit \nor loss by the amounts shown below. This analysis assumes that all other variables, in particular foreign currency exchange rates, remain \nconstant.\nParticulars Increase / decrease \nin basic pointsProfit or loss Profit or loss (net \nof tax)\n31 March 2022\nSecured term loan from banks 100 95.05 71.13\nCash credit from bank 100 142.91 106.94\nSecured term loan from banks (100) (95.05) (71.13)\nCash credit from bank (100) (142.91) (106.94)\n31 March 2021\nSecured term loan 100 0.24 0.18\nCash credit from bank 100 43.06 32.22\nSecured term loan (100) (0.24) (0.18)\nCash credit from bank (100) (43.06) (32.22)\nCurrency risk\nForeign currency risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes in foreign exchange \nrates. The Company\u2019s exposure to the risk of changes in foreign exchange rates relates primarily to the Company\u2019s operating activities (when \nrevenue or expense is denominated in a foreign currency) and borrowings in foreign currency (ECB borrowings).\nThe Company manages its foreign currency risk by entering into derivatives. When a derivative is entered into for the purpose of hedging, \nthe Company negotiates the terms of those derivatives to match the terms of the hedged exposure.\nDetails of unhedged foreign currency exposures:\nAll figures Rs. in lacs\nAs at  31 March 2022 As at 31 March 2021\nParticulars Amount In Foreign \nCurrencyAmount in Rs Amount In Foreign \nCurrencyAmount in Rs\nTrade Payables (USD) 19.19 1,454.23 17.85 1,305.13\nTrade Payables (JPY) 2,150.50 1,336.11 845.09 558.77\nTrade Payables (GBP) - - 0.02 1.61\nTrade Payables (EUR) 0.24 20.53 0.82 70.00\nTrade Receivables (USD) 3.94 298.35 2.18 159.64\nTrade Receivables (EUR) 0.90 75.74 0.03 2.42\nThe following significant exchange rates were applied at the year end:\nParticulars Year end rates\nAs at  \n31 March 2022As at  \n31 March 2021\nINR/ JPY 0.62 0.66\nINR/ USD 75.80 73.12\nINR/ GBP - 100.78\nINR/ EUR 83.96 85.78\nSensitivity Analysis", "start_char_idx": 0, "end_char_idx": 2674, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b42c706e-ac9e-4497-94c4-ced5cef60086": {"__data__": {"id_": "b42c706e-ac9e-4497-94c4-ced5cef60086", "embedding": null, "metadata": {"page_label": "149", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2d5a2d1f-3d48-4b3b-a23a-498da3ffce8e", "node_type": null, "metadata": {"page_label": "149", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b70fe50b12f6286a6dca74b25804fe488ada8de5068fd0e8544fe13a68b58852"}}, "hash": "b70fe50b12f6286a6dca74b25804fe488ada8de5068fd0e8544fe13a68b58852", "text": "Sandhar Technologies Limited148\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nAny changes in the exchange rate of foreign currency against INR is not expected to have significant impact on the Company\u2019s profit due to \nthe short credit period. Accordingly, a 1% appreciation/depreciation of the INR as indicated below, against the USD would have increased/\nreduced profit by the amounts shown below. This analysis is based on the foreign currency exchange rate variances that the Company \nconsidered to be reasonably possible at the end of the reporting period. The analysis assumes that all other variable remains constant.\nParticulars Change in currency \nrateNature of ExposureYear end ratesChanges in ratesNet exposure JPYEffect on profit before tax (INR)Effect on profit after tax (INR)\nAs at 31 March \n2022\nINR/JPY Increases \nby 1 %\nImport Trade \npayables0.6213 0.0062 2,150.50 (13.36) (10.00)\nINR/JPY Decreases \nby 1 %0.6213 (0.0062) 2,150.50 13.36 10.00\nAs at 31 March \n2021INR/JPY Increases by 1 %0.6612 0.0066 845.09 (5.59) (4.18)\nINR/JPY Decreases \nby 1 %0.6612 (0.0066) 845.09 5.59 4.18\nParticulars Change in currency \nrateNature of ExposureYear end ratesChanges in ratesNet exposure USDEffect on profit before tax (INR)Effect on profit after tax (INR)\nAs at 31 March \n2022\nINR/USD Increases \nby 1 %\nImport Trade payables75.7975 0.75798 19.19 (14.54) (10.88)\nINR/USD Decreases by 1 %75.7975 (0.75798) 19.19 14.54 10.88\nAs at 31 March \n2021\nINR/USD Increases by 1 %73.1150 0.7312 17.85 (13.05) (9.77)\nINR/USD Decreases by 1 %73.1150 (0.7312) 17.85 13.05 9.77\nParticulars Change in currency \nrateNature of ExposureYear end ratesChanges in ratesNet exposure  \nGBPEffect on profit before tax (INR)Effect on profit after tax (INR)\nAs at 31 \nMarch 2022\nINR/GBP Increases by \n1 %\nImport Trade payables- - - - -\nINR/GBP Decreases by 1 %- - - - -\nAs at 31 \nMarch 2021\nINR/GBP Increases by 1 %100.78 1.0078 0.02 (0.016) (0.012)\nINR/GBP Decreases by 1 %100.78 (1.0078) 0.02 0.016 0.012\nParticulars Change in currency \nrateNature of ExposureYear end ratesChanges in ratesNet exposure  \nEUROEffect on profit before tax (INR)Effect on profit after tax (INR)\nAs at 31 \nMarch 2022\nINR/EURO Increases \nby 1 %\nImport Trade payables83.96 0.8396 0.24 (0.21) (0.15)\nINR/EURO Decreases by 1 %83.96 (0.8396) 0.24 0.21 0.15\nAs at 31 \nMarch 2021INR/EURO Increases by 1 %85.78 0.8578 0.82 (0.70) (0.52)\nINR/EURO Decreases by 1 %85.78 0.8578 0.82 0.70 0.52\nParticulars Change in currency \nrateNature of ExposureYear end ratesChanges in ratesNet exposure  \nUSDEffect on profit before tax (INR)Effect on profit after tax (INR)", "start_char_idx": 0, "end_char_idx": 2719, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "bc755cd0-ae96-42cb-9a52-378d6a0cd947": {"__data__": {"id_": "bc755cd0-ae96-42cb-9a52-378d6a0cd947", "embedding": null, "metadata": {"page_label": "150", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "213ce038-e50f-4f69-8d19-baa9708c6c9d", "node_type": null, "metadata": {"page_label": "150", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "84de8a04b28387caa95e826d387c0dd9fc328757590579f5a08def087cf780e8"}, "3": {"node_id": "d0f2bdeb-9ded-47dd-91ff-3698d8ec6ad7", "node_type": null, "metadata": {"page_label": "150", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "d749e0e112ec524745bbdeecaa5cc851396736fe04fb3473bb26b88007e32ae1"}}, "hash": "7f89dc2a05c4161c1d640abbed55bc5f8f9bd3df08edb729c13acdc06362853d", "text": "149\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nAs at 31 \nMarch 2022INR/USD Increases by \n1 %\nTrade Receiv -\nables75.7975 0.7580 3.94 2.98 2.23\nINR/USD Decreases by 1 %75.7975 (0.7580) 3.94 (2.98) (2.23)\nAs at 31 \nMarch 2021 INR/USD Increases by 1 %73.115 0.7312 2.18 1.6 1.19\nINR/USD Decreases by 1 %73.115 (0.7312) 2.18 (1.6) (1.19)\nParticulars Change in currency \nrateNature of ExposureYear end ratesChanges in ratesNet exposure  \nUSDEffect on profit before tax (INR)Effect on profit after tax (INR)\nAs at 31 \nMarch 2022INR/EUR Increases by \n1 %\nTrade Receivables83.96 0.8396 0.90 0.76 0.57\nINR/ EUR Decreases by 1 %83.96 (0.8396) 0.90 (0.76) (0.57)\nAs at 31 \nMarch 2021\nINR/ EUR Increases by 1 %85.78 0.8578 0.03 0.024 0.018\nINR/ EUR Decreases by 1 %85.78 (0.8578) 0.03 (0.024) (0.018)\nEquity price risk\nThe Company\u2019s listed & non-listed equity securities are susceptible to market price risk arising from uncertainties about future values of the \ninvestment securities. The Company manages the equity price risk through diversification and by placing limits on total equity instruments. \nReports on the equity portfolio are submitted to the Company\u2019s senior management on a regular basis. The Company\u2019s Board of Directors \nreviews and approves all equity investment decisions.\nCredit risk\nCredit risk is the risk that counterparty will not meet its obligations under a financial instrument or customer contract, leading to a financial \nloss. The Company is exposed to credit risk from its operating activities (primarily trade receivables), including foreign exchange transactions \nand other financial instruments.\nTrade receivables\nInd AS requires expected credit losses to be measured through a loss allowance. The Company assesses at each date of statements of \nfinancial position whether a financial asset or a company of financial assets is impaired. The Company recognises lifetime expected losses for all contract assets and / or all trade receivables that do not constitute a financing transaction. For all other financial assets, expected credit losses are measured at an amount equal to the 12 months expected credit losses or at an amount equal to the life time expected credit losses if the credit risk on the financial asset has increased significantly since initial recognition.\nTrade receivables of 40,659.26 as at 31 March 2022 forms a significant part of the financial assets carried at amortised cost, which is valued \nconsidering provision for allowance using expected credit loss method. In addition to the historical pattern of credit loss, we have considered the likelihood of increased credit risk and consequential default considering emerging situations due to COVID-19. This assessment is not based on any mathematical model but an assessment considering the nature of segment, impact immediately seen in the demand outlook of these segments and the financial strength of the customers in respect of whom amounts are receivable.\nCompany\u2019s exposure to customers is diversified and some customer contributes more than 10% of outstanding accounts receivable as of 31 \nMarch 2022 and 31 March 2021 however there was no default on account of those customers in the past.\nBefore accepting any new customer, the Company assesses the potential customer\u2019s credit quality and defines credit limits to customer. \nLimits and scoring attributed to customers are reviewed on periodic basis.\nThe Company performs credit assessment for customers on an annual basis and recognizes credit risk, on the basis lifetime expected losses \nand where", "start_char_idx": 0, "end_char_idx": 3691, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d0f2bdeb-9ded-47dd-91ff-3698d8ec6ad7": {"__data__": {"id_": "d0f2bdeb-9ded-47dd-91ff-3698d8ec6ad7", "embedding": null, "metadata": {"page_label": "150", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "213ce038-e50f-4f69-8d19-baa9708c6c9d", "node_type": null, "metadata": {"page_label": "150", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "84de8a04b28387caa95e826d387c0dd9fc328757590579f5a08def087cf780e8"}, "2": {"node_id": "bc755cd0-ae96-42cb-9a52-378d6a0cd947", "node_type": null, "metadata": {"page_label": "150", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7f89dc2a05c4161c1d640abbed55bc5f8f9bd3df08edb729c13acdc06362853d"}}, "hash": "d749e0e112ec524745bbdeecaa5cc851396736fe04fb3473bb26b88007e32ae1", "text": "basis and recognizes credit risk, on the basis lifetime expected losses \nand where receivables are due for more than six months.\nExposure to credit riskThe carrying amount of financial assets represents the maximum credit exposure. The maximum exposure to credit risk at the reporting date \nwas:", "start_char_idx": 3609, "end_char_idx": 3904, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "2f97c2d5-d11f-46ca-8b32-0137c89c8400": {"__data__": {"id_": "2f97c2d5-d11f-46ca-8b32-0137c89c8400", "embedding": null, "metadata": {"page_label": "151", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "df6f9068-cce7-4203-87f5-ab100ede6d24", "node_type": null, "metadata": {"page_label": "151", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "0d06f8810fcb3d6bb81f5f00843b9f0869d2bffbc87e8ce563bef2d2200dd2e2"}}, "hash": "0d06f8810fcb3d6bb81f5f00843b9f0869d2bffbc87e8ce563bef2d2200dd2e2", "text": "Sandhar Technologies Limited150\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\na. Financial assets for which loss allowance is measured using 12 months Expected Credit L osses (ECL)\nParticulars As at  \n31 March 2022As at  \n31 March 2021\nLoans 41.48 678.58\nOther financial assets 1,192.90 1,107.08\nT otal 1,234.38 1,785.66\nb. The ageing analysis of trade receivables for which loss allowance is measured using Life Time Expected Credit Losses as of the \nreporting date is as follows:\nParticulars As at  \n31 March 20220- 6 Month 6 \u2013 12 Month More than \n12 months\nGross Carrying Amount 40,957.86 40,656.43 1.40 300.03\nExpected credit loss (Loss allowance provision) 298.60 - - 298.60\nCarrying amount of trade receivables 40,659.26 40,656.43 1.40 1.43\nParticulars As at  \n31 March 20210- 6 Month 6 \u2013 12 Month More tha \n12 months\nGross Carrying Amount 35,132.24 34,787.87 17.20 327.17\nExpected credit loss (Loss allowance provision) 299.54 - - 299.54\nCarrying amount of trade receivables 34,832.70 34,787.87 17.20 27.63\nFinancial instruments and cash deposits\nCredit risk from ba lances with banks and financial institutions is managed by the Corporate finance department in accordance with the \nCompany\u2019s policy. Investments of surplus funds are made only in schemes of alternate investment fund/or other appropriate avenues \nincluding term and recurring deposits with approved counterparties and within credit limits assigned to each counterparty. Counterparty \ncredit limits are reviewed by the Company\u2019s Board of Directors on an annual basis. The limits are set to minimise the concentration of risks \nand therefore mitigate financial loss through counterparty\u2019s potential failure to make payments.\nThe Company places its cash and cash equivalents and term deposits with banks with high investment grade ratings, limits the amount of \ncredit exposure with any one bank and conducts ongoing evaluation of the credit worthiness of the banks with which it does business. Given \nthe high credit ratings of these banks, the Company does not expect these banks to fail in meeting their obligations. The maximum exposure \nto credit risk for the components of the balance sheet at 31 March 2022 and 31 March 2021 is represented by the carrying amount of each  \nfinancial asset.\nd. Liquidity risk\nLiquidity risk refers to the risk that the company cannot meet its financial obligations. The objective of liquidity risk management is to maintain sufficient liquidity and ensure that funds are available for use as per requirements. The Company manages liquidity risk by \nmaintaining adequate reserves, banking facilities and reserve borrowing facilities, by continuously monitoring forecast and actual cash \nflows, and by matching the maturity profiles of financial assets and liabilities.\nThe Company\u2019s objective is to maintain a balance between continuity of funding and flexibility through the use of bank overdrafts, buyers \ncredit and bank loans. The Company assessed the concentration of risk with respect to refinancing its debt and concluded it to be low. \nThe Company has access to a sufficient variety of sources of funding and debt maturing within 12 months can be rolled over with existing \nlenders.\nThe table below summarizes the maturity profile of the Company\u2019s financial liabilities based on contractual undiscounted payments:\nParticulars Contractual cash flows\nCarrying value as at 31 \nMarch 20220- 1 year 1- 5 year More than 5 year\nTrade Payable 29,041.08 29,041.08 - -\nBorrowings 23,796.01 14,764.76 9,031.25 -\nLease liabilities 1,966.84 762.10 1,204.74 -", "start_char_idx": 0, "end_char_idx": 3674, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "538916f1-c9a4-4c3f-acd1-2b25de7a5ed6": {"__data__": {"id_": "538916f1-c9a4-4c3f-acd1-2b25de7a5ed6", "embedding": null, "metadata": {"page_label": "152", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4350706f-20da-4ac1-acdf-508f5216cadc", "node_type": null, "metadata": {"page_label": "152", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "34bde09c24846626444c4a3ceea33a225ff4eb985c972ff73e905c431bebec74"}}, "hash": "34bde09c24846626444c4a3ceea33a225ff4eb985c972ff73e905c431bebec74", "text": "151\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nParticulars Contractual cash flows\nCarrying value as at 31 \nMarch 20220- 1 year 1- 5 year More than 5 year\nOther financial liabilities 1,328.95 1,328.95 - -\nT otal 56,132.88 45,896.89 10,235.99 -\nParticulars Contractual cash flows\nCarrying value as at 31 \nMarch 20210- 1 year 1- 5 year More than 5 year\nTrade Payable 33,133.36 33,133.36 - -\nBorrowings 4,329.64 4,324.33 5.31 -\nLease liabilities 1,830.88 613.86 1,217.02 -\nOther financial liabilities 826.91 826.91 - -\nT otal 40,120.79 38,898.46 1,222.33 -\n38. Capital management\nThe Company\u2019s capital management objectives are:\nThe Board policy is to maintain a strong capital base so as to maintain investor, creditor and market confidence and to sustain future \ndevelopment of the business. The Board of Directors monitors the return on capital employed, as well as the level of dividends to equity \nshareholders.\nThe Company manages capital risk by maintaining sound/optimal capital structure through monitoring of financial ratios, such as debt-to-\nequity ratio and net borrowings-to-equity ratio on a monthly basis and implements capital structure improvement plan when necessary.\nThe Company uses debt equity ratio as a capital management index and calculates the ratio as Net debt divided by total equity. Net debt \nand total equity are based on the amounts stated in the financial statements.\nParticulars 31 March 2022 31 March 2021\nNet Debt (A)* 23,687.94 4,160.95\nEquity (B) 85,994.38 80,674.04\nDebt Equity Ratio (A/B) 0.28 0.05\n* Net debt includes Non-Current borrowing, Current borrowing, Current maturities of non-current borrowing net off cash and cash \nequivalent and other bank balance.\n39. Segment Reporting\nThe Company is engaged in the business of manufacturing and assembling of automotive components. The Chief Operating Decision \nMaker (CODM) evaluates the Company\u2019s performance and allocates resources based on an analysis of various performance indicators \nby industry classes. All operating segments\u2019 operating results are reviewed regularly by CODM to make decisions about resources to be \nallocated to the segments and assess their performance. CODM believes that these are governed by same set of risk and returns hence \nCODM reviews as one balance sheet component. Further, the economic environment in which the company operates is significantly \nsimilar and not subject to materially different risk and rewards. \nThe operating segment of the Company is identified to be \u201cAutomotive components\u201d as the CODM reviews business performance at an \noverall Company level as one segment.\nAccordingly, as the company operates in a single business and geographical segment, the reporting requirements for primary and \nsecondary disclosures under Indian Accounting Standard - 108 Operating Segment have not been provided in the standalone financial statements.", "start_char_idx": 0, "end_char_idx": 3012, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "8199f42d-5e7b-4aa8-84a8-44ab47d47153": {"__data__": {"id_": "8199f42d-5e7b-4aa8-84a8-44ab47d47153", "embedding": null, "metadata": {"page_label": "153", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "7fccde4d-6eff-4710-801e-48b3569b2079", "node_type": null, "metadata": {"page_label": "153", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6feae599ee4c595dc1e2e2390f5e6cde3289b082778f3041083b1a9484fbb18f"}}, "hash": "6feae599ee4c595dc1e2e2390f5e6cde3289b082778f3041083b1a9484fbb18f", "text": "Sandhar Technologies Limited152\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n40.\tDisclosure \tin \trelation \tto \tMicro \tand \tSmall \tenterprises \t\u2018Suppliers\u2019 \tas \tdefined \tin \tthe \tMicro, \tSmall \tand \tMedium \tEnterprises \t\nDevelopment Act, 2006.\nThe dues to Micro, Small and Medium Enterprises as required under the Micro, Small and Medium Enterprises Development Act, 2006 \nto the extent information available with the company is given below:\nParticulars As at  \n31 March 2022As at  \n31 March 2021\n(a) The principal amount remaining unpaid to any supplier as at the end of the year 11,301.89 3,832.45\n(b) The interest due on principal amount remaining unpaid to any supplier as at the end of \nthe year 3.87 5.57\n(c)The amount of interest paid by the buyer in terms of section 16 of the MSMED Act 2006 alongwith the amounts of the payments made to the supplier beyond the appointed day during \neach accounting year\n- Interest paid 8.87 1.16\n- Payment to Suppliers 15,591.23 4,661.49\n(d) Amount of interest due and payable for the period of delay in making payment (which have \nbeen paid but beyond the appointed day during the year) but without adding the interest \nspecified under the MSMED Act. 59.19 28.40\n(e) Amount of Interest accrued and remaining unpaid at the end of the year 63.07 33.97\n(f) Amount of further interest remaining due and payable even in the succeeding years, until such date when the interest dues as above are actually paid to the small enterprise, for the purpose of disallowance as a deductible expenditure under the MSMED Act. 128.38 74.19\n41. Research & De velopment (R & D) Expenses\nThe Company has incurred following expenditure on its Research and Development center at Gurgaon approved and recognised by the \nMinistry of Science & T echnology, Government of India.\na. Capit al Expenditure\nParticulars 31 March 2022 31 March 2021\nCapital expenditure 6.16 12.06\nb. Re venue Expenditure\nParticulars 31 March 2022 31 March 2021\nMaterial/Consumables/Spares 12.13 9.15\nEmployee benefits expense 383.66 323.93\nPower & Fuel 1.01 1.48\nRepair & maintenance 2.20 4.45\nTravelling & conveyance 1.94 0.25\nLegal & professional charges 5.63 1.93\nMiscellaneous expenses 28.19 16.85\nT otal 434.76 358.04", "start_char_idx": 0, "end_char_idx": 2328, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6b57d031-79ee-4bd7-8e0e-a803fbe70009": {"__data__": {"id_": "6b57d031-79ee-4bd7-8e0e-a803fbe70009", "embedding": null, "metadata": {"page_label": "154", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "1469b045-179a-4501-8fca-95f1e1e69cb7", "node_type": null, "metadata": {"page_label": "154", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "292eaaa4e465c802322d97ebb5ae1f1f1666c4b9f1baa1cae98ed653d43fa73b"}}, "hash": "ae2922b06de4b64c9f9a3cd235d6bdc60782f242a91a26f61a386b47eeb173c8", "text": "153\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n42. Transfer pricing\nThe Company has established a comprehensive system of maintenance of information and documents as required by the transfer pricing \nlegislation under sections 92-92F of the Income-tax Act, 1961. Since the law requires existence of such information and documentation \nto be contemporaneous in nature, the Company is in the process of updating the documentation of the international transactions entered \ninto with the associated enterprises from 1 April 2021 and expects such records to be in existence before the due date of filing of income \ntax return. The management is of the opinion that its international transactions are at arm\u2019s length so that the aforesaid legislation will \nnot have any impact on the Standalone Financial Statements, particularly on the amount of tax expense and that of provision for taxation.\n43. The company has assessed the impact that may result from COVID 19 on its liquidity position, carrying amounts of tangible assets, \ninvestments, and other assets / liabilities. In developing the assumptions relating to the possible future uncertainties in the global \neconomic conditions because of this pandemic, the company has considered internal and external information available till the date of \napproval these standalone financial statements and has assessed its situation.\nIn that context and based on the current estimates, the Company believes that COVID 19 is not likely to have any material impact on its standalone financial statements, liquidity or ability to service its debt or other obligations. However, the overall economic environment, being \nuncertain due to COVID 19, may affect the underlying assumptions and estimates in future, which may differ from those considered as at \nthe date of approval of these standalone financial statements. The Company would closely monitor such developments in future economic \nconditions and consider their impact on the standalone financial statements of the relevant periods.\n44. Additional Information:\n(i) No proceedings have been initiated or pending against the company for holding any benami property under the Benami \nTransactions (Prohibitions) Act, 1988 (45 of 1988) and the rules made thereunder.\n(ii)  The Company has no\u00a0transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of \nthe Companies Act, 1956.\n(iii)  There are no charges or satisfaction which is yet to be registered with ROC beyond the statutory period.\n(iv)  The Company has not traded or invested in Crypto currency or Virtual Currency during the financial year.\n(v) The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including   foreign entities \n(Intermediaries) with the understanding that the Intermediary shall:\n(a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries) or\n(b) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.\n(vi) The Company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the \nunderstanding (whether recorded in writing or otherwise) that the Company shall:\n(a) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or \n(b) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.\n(vii)  The Company does not have such transaction which are not recorded in the books of accounts and has been surrendered or dis -\nclosed as income during the year in the tax assessments under the Income T ax Act, 1961 (such as, search or survey or any other \nrelevant provisions of the Income T ax Act, 1961.\n(viii) The Company has not been declared as a wilful defaulter by any bank or financial institution or other lender.", "start_char_idx": 0, "end_char_idx": 4132, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d52bfc28-14f4-4c04-bdee-bf6c505bdf69": {"__data__": {"id_": "d52bfc28-14f4-4c04-bdee-bf6c505bdf69", "embedding": null, "metadata": {"page_label": "155", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2c8a40b9-3bcb-4455-ad2b-dce42ad2fa3c", "node_type": null, "metadata": {"page_label": "155", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a2e422ddb958de94754e5d9748a2ddaea257f2f6cf8ccd7b4e86547fcc42bd5a"}}, "hash": "a2e422ddb958de94754e5d9748a2ddaea257f2f6cf8ccd7b4e86547fcc42bd5a", "text": "Sandhar Technologies Limited154\nNotes to the Standalone Financial Statements for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n45. Analytical Ratios\nRatio Numerator Denominator 31 March \n202231 March \n2021% \nVarianceReason for \nvariance \n(if variance \nexceeds 25%)\nCurrent ratio  T otal current assets  T otal current liabilities 1.20 1.21 -0.79% -\nDebt-equity ratio  T otal Debt  Shareholder\u2019s equity 0.28 0.05 415.60% Debt has been \nincreased in FY \n2021-22\nDebt service \ncoverage ratioNet profit after tax (excluding Other Comprehensive Income)+ Depreciation & \namortizations +Interest on  \nloans + Loss on sale of PPE  T otal amount of  interest , lease payments & principle repayments of loan paid during \nthe period 7.91 8.47 -6.60% -\nReturn on equity ratioNet profit after tax*100  Average Shareholder\u2019s equity 7.37% 8.34% -11.62% -\nInventory \nturnover ratioCost of goods sold  (Opening inventory + closing inventory)/2 9.02 7.99 12.86% -\nTrade receivables turnover ratioT otal Net Revenue  Average Account Receivables (Opening+ Closing)/2 5.14 6.20 -17.01% -\nTrade payables \nturnover ratioT otal Purchases  Average Account Payables (Opening+ Closing)/2 4.28 3.99 7.25% -\nNet Capital \nturnover ratioT otal Net Revenue from operations  Working capital (Current Assets-Current liabilities) 19.51 17.88 9.15% -\nNet Profit ratio Net Profit after tax*100  Net Revenue from operations 3.16% 4.11% -23.09% -\nReturn on capital employed Earnings Before interest and T ax  Capital Employed (T angible Net worth+ T otal Debt+ Deferred \ntax liability) 0.09 0.11 -20.02% -\nReturn on \nInvestmentInterest Income Average Investment 0.01 0.03 -60.10% Investment \nincreased in \nsubsidiaries \nand joint \nventures \nduring the \nfinancial year \nended 31 \nMarch 2022\nAs per our report of even date attached  \nFor B S R & Co. LLP   F or and on behalf of the Board of Directors of  \nChartered Accountants   Sandhar T echnologies Limited  \nICAI Firm Registration number 101248W/W-100022  \nShashank Agarwal  D .N. Davar  Ja yant Davar  Y ashpal Jain \nPartner  Chairman  Co-Cha irman and  Chief Financia l Officer\nMembership No. 095109  DIN:00002008  Managing Director\nDIN:00100801\nVimal Mahendru  Archana Capoor  Arvind Kapur  K omal Malik\nDirector  Director  Director  Com pany Secretary\nDIN:00006016  DIN:01204170  DIN:00096308  ICSI  M. No.: 6430\nPlace: Gurugram  Pla ce: Gurugram\nDate: 18 May 2022  Date: 18 Ma y 2022", "start_char_idx": 0, "end_char_idx": 2464, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f1ebd947-0808-4be3-b389-98a2ede9c10d": {"__data__": {"id_": "f1ebd947-0808-4be3-b389-98a2ede9c10d", "embedding": null, "metadata": {"page_label": "156", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b6ddca05-47d8-4b70-8bf2-6afd157c6b5f", "node_type": null, "metadata": {"page_label": "156", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "68a19ba367f094527fa0dac20c36e2c7eb491b1588b9fb66095b0d40db75b5f4"}, "3": {"node_id": "82e83ad6-8e0f-48ce-a055-ac6a97745eb5", "node_type": null, "metadata": {"page_label": "156", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1d72ad97b8a6874c1d87998624068d3823c9c77322ee3aa974dde8ab1f16f3a8"}}, "hash": "07ce1a442a3218bac91309d8b1b0f8807e77d0cb2edad10788a955ee1d219cb1", "text": "155\nAnnual Report 2021-22\nINDEPENDENT AUDITOR\u2019S REPORT\nT o the Members of Sandhar T echnologies Limited\nReport on the Audit of the Consolidated Financial Statements\nOpinion\nWe have audited the consolidated financial statements of Sandhar \nT echnologies Limited (hereinafter referred to as the \u2018Holding Com -\npany\u201d) and its subsidiaries (Holding Company and its subsidiaries \ntogether referred to as \u201cthe Group\u201d) and its joint ventures (including \nsubsidiary of a joint venture), which comprise the consolidated bal -\nance Sheet as at 31 March 2022, and the consolidated statement \nof profit and loss (including other comprehensive income), consol -\nidated statement of changes in equity and consolidated statement \nof cash flows for the year then ended, and notes to the consolidated \nfinancial statements, including a summary of significant accounting \npolicies and other explanatory information (hereinafter referred to \nas \u201cthe consolidated financial statements\u201d).\nIn our opinion and to the best of our information and according \nto the explanations given to us, and based on the consideration of \nreports of other auditors on separate/consolidated financial state -\nments of such subsidiaries and joint ventures as were audited by the \nother auditors, the aforesaid consolidated financial statements give \nthe information required by the Companies Act, 2013 (\u201cAct\u201d) in the \nmanner so required and give a true and fair view in conformity with \nthe accounting principles generally accepted in India, of the consoli -\ndated state of affairs of the Group and its joint ventures (including a \nsubsidiary of a joint venture) as at 31 March 2022, of its consolidat -\ned profit and other comprehensive income, consolidated changes in \nequity and consolidated cash flows for the year then ended.Basis for Opinion\nWe conducted our audit in accordance with the Standards on Au -\nditing (SAs) specified under Section 143(10) of the Act. Our respon -\nsibilities under those SAs are further described in the Auditor\u2019s \nResponsibilities for the Audit of the Consolidated Financial State -\nments section of our report. We are independent of the Group and \nits joint ventures (including a subsidiary of a joint venture) in accor -\ndance with the ethical requirements that are relevant to our audit of \nthe consolidated financial statements in terms of the Code of Ethics \nissued by the Institute of Chartered Accountants of India and the \nrelevant provisions of the Act, and we have fulfilled our other ethical \nresponsibilities in accordance with these requirements. We believe \nthat the audit evidence obtained by us along with the consideration \nof reports of the other auditors referred to in paragraph (a) of the \n\u201cOther Matter\u201d paragraph below, is sufficient and appropriate to \nprovide a basis for our opinion on the consolidated financial state -\nments.\nKey Audit Matter\nKey audit matters are those matters that, in our professional judg -\nment, were of most significance in our audit of the consolidated \nfinancial statements of the current period. These matters were \naddressed in the context of our audit of the consolidated financial \nstatements as a whole, and in forming our opinion thereon, and we \ndo not provide a separate opinion on these matters.\nDescription of Key Audit Matter\na) Revenue recognition\nSee note 19 to the Consolidated Financial Statements\nThe key audit matter How the matter was addressed in our audit\nAs disclosed in Note 19 to the Consolidated Financial Statements, \nthe Group\u2019s revenue from operations for the year ended\n31 March 2022 was INR 232,370.23 Lacs (Previous year INR \n186,356.51 Lacs).\nThe Group revenue is derived primarily from sale of products which \ncomprises automotive components.\nStandards on Auditing presume that there is fraud risk with regard \nto revenue recognition. Also, revenue is one of the key performance \nindicators of the Group which makes it susceptible", "start_char_idx": 0, "end_char_idx": 3910, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "82e83ad6-8e0f-48ce-a055-ac6a97745eb5": {"__data__": {"id_": "82e83ad6-8e0f-48ce-a055-ac6a97745eb5", "embedding": null, "metadata": {"page_label": "156", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b6ddca05-47d8-4b70-8bf2-6afd157c6b5f", "node_type": null, "metadata": {"page_label": "156", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "68a19ba367f094527fa0dac20c36e2c7eb491b1588b9fb66095b0d40db75b5f4"}, "2": {"node_id": "f1ebd947-0808-4be3-b389-98a2ede9c10d", "node_type": null, "metadata": {"page_label": "156", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "07ce1a442a3218bac91309d8b1b0f8807e77d0cb2edad10788a955ee1d219cb1"}}, "hash": "1d72ad97b8a6874c1d87998624068d3823c9c77322ee3aa974dde8ab1f16f3a8", "text": "is one of the key performance \nindicators of the Group which makes it susceptible to misstatement.\nIn view of the above, we have identified revenue recognition as a key \naudit matter.\n-\n-Our audit procedures included:\n\u2022 Assessed the appropriateness of the accounting policy for revenue \nrecognition as per the relevant accounting standard.\n\u2022 Evaluated the design and implementation of key controls \nin relation to revenue recognition and tested the operating \neffectiveness of such controls for a sample of transactions.\n\u2022 Involved our IT specialists to assist us in testing of key IT system \ncontrols which impact relating to revenue recognition.\n\u2022 Performed detailed testing by selecting samples of revenue \ntransactions recorded during and after the year. For such \nsample, verified the underlying documents, including customer \nacceptance, to assess whether these are recognised in the \nappropriate period in which control is transferred.\n\u2022 T ested sample journal entries for revenue recognised during the \nyear, selected based on specified risk-based criteria, to identify \nunusual transactions.\n\u2022 Assessed the adequacy of the disclosures made in accordance \nwith the relevant accounting standard.\nOther Information\nThe Holding Company\u2019s Management and Board of Directors are \nresponsible for the other information. The other information com -\nprises the information included in the Holding Company\u2019s annual \nreport, but does not include the consolidated financial statements \nand our auditor\u2019s report thereon.Our opinion on the consolidated financial statements does not cov -\ner the other information and we do not express any form of assur -\nance conclusion thereon.\nIn connection with our audit of the consolidated financial state -\nments, our responsibility is to read the other information and, in do -\ning so, consider whether the other information is materially incon -", "start_char_idx": 3829, "end_char_idx": 5711, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6578c514-ffa9-4a3f-aee8-0144cefa56b4": {"__data__": {"id_": "6578c514-ffa9-4a3f-aee8-0144cefa56b4", "embedding": null, "metadata": {"page_label": "157", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "16dd49d1-04fc-4171-b912-47d10f89d47c", "node_type": null, "metadata": {"page_label": "157", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2db27389fd825b5fd6809143a127eff25995a235fdd149108d9e7032e9b04bbb"}, "3": {"node_id": "127642cd-f666-4132-b7b3-1c7bb1f8c709", "node_type": null, "metadata": {"page_label": "157", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4fee9bbb96555dfe18ab9f5b359c23e75f627df8a0406af640c78c113a9c34ea"}}, "hash": "35eabb0a1198ebb126bcad7eb1d31b56699e543074fb6579567c3fbc5b509ec9", "text": "Sandhar Technologies Limited156\nsistent with the consolidated financial statements or our knowledge \nobtained in the audit or otherwise appears to be materially misstat -\ned. If, based on the work we have performed and based on the audit \nreport of other auditors, we conclude that there is a material mis -\nstatement of this other information, we are required to report that \nfact. We have nothing to report in this regard.\nManagement\u2019s and Board of Directors\u2019 Responsibilities for the \nConsolidated Financial Statements\nThe Holding Company\u2019s Management and Board of Directors are \nresponsible for the preparation and presentation of these consol -\nidated financial statements in term of the requirements of the Act \nthat give a true and fair view of the consolidated state of affairs, con -\nsolidated profit/loss and other comprehensive income, consolidated \nstatement of changes in equity and consolidated cash flows of the \nGroup including its joint ventures (including a subsidiary of a joint \nventure) in accordance with the accounting principles generally ac -\ncepted in India, including the Indian Accounting Standards (Ind AS) \nspecified under Section 133 of the Act. The respective Management \nand Board of Directors of the Companies included in the Group \nand joint ventures (including a subsidiary of a joint venture) are re -\nsponsible for maintenance of adequate accounting records in accor -\ndance with the provisions of the Act for safeguarding the assets of \neach company, and for preventing and detecting frauds and other \nirregularities; the selection and application of appropriate account -\ning policies; making judgments and estimates that are reasonable \nand prudent; and the design, implementation and maintenance of \nadequate internal financial controls, that were operating effectively \nfor ensuring accuracy and completeness of the accounting records, \nrelevant to the preparation and presentation of the consolidated fi -\nnancial statements that give a true and fair view and are free from \nmaterial misstatement, whether due to fraud or error, which have \nbeen used for the purpose of preparation of the consolidated finan -\ncial statements by the Management and Board of Directors of the \nHolding Company, as aforesaid.\nIn preparing the consolidated financial statements, the respective \nManagement and Board of Directors of the companies included in \nthe Group and its joint ventures (including a subsidiary of a joint \nventure) are responsible for assessing the ability of each company to \ncontinue as a going concern, disclosing, as applicable, matters relat -\ned to going concern and using the going concern basis of accounting \nunless the respective Board of Directors either intends to liquidate \nthe Company or to cease operations, or has no realistic alternative \nbut to do so.\nThe respective Board of Directors of the companies included in the \nGroup and its joint ventures (including a subsidiary of a joint ven -\nture) is responsible for overseeing the financial reporting process of \neach company.\nAuditor\u2019s Responsibilities for the Audit of the Consolidated Fi -\nnancial Statements\nOur objectives are to obtain reasonable assurance about whether \nthe consolidated financial statements as a whole are free from ma -\nterial misstatement, whether due to fraud or error, and to issue an \nauditor\u2019s report that includes our opinion. Reasonable assurance is a \nhigh level of assurance, but is not a guarantee that an audit conduct -\ned in accordance with SAs will always detect a material misstate -\nment when it exists. Misstatements can arise from fraud or error \nand are considered material if, individually or in the aggregate, they \ncould reasonably be expected to influence the economic decisions of \nusers taken on the basis of these consolidated financial statements.\nAs part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the au -\ndit. We also:\n\u2022 Identify and assess the risks of material misstatement of the \nconsolidated financial statements, whether due to fraud or er -\nror, design and perform audit", "start_char_idx": 0, "end_char_idx": 4120, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "127642cd-f666-4132-b7b3-1c7bb1f8c709": {"__data__": {"id_": "127642cd-f666-4132-b7b3-1c7bb1f8c709", "embedding": null, "metadata": {"page_label": "157", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "16dd49d1-04fc-4171-b912-47d10f89d47c", "node_type": null, "metadata": {"page_label": "157", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2db27389fd825b5fd6809143a127eff25995a235fdd149108d9e7032e9b04bbb"}, "2": {"node_id": "6578c514-ffa9-4a3f-aee8-0144cefa56b4", "node_type": null, "metadata": {"page_label": "157", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "35eabb0a1198ebb126bcad7eb1d31b56699e543074fb6579567c3fbc5b509ec9"}}, "hash": "4fee9bbb96555dfe18ab9f5b359c23e75f627df8a0406af640c78c113a9c34ea", "text": "statements, whether due to fraud or er -\nror, design and perform audit procedures responsive to those \nrisks, and obtain audit evidence that is sufficient and appropri -\nate to provide a basis for our opinion. The risk of not detecting \na material misstatement resulting from fraud is higher than for \none resulting from error, as fraud may involve collusion, forg -\nery, intentional omissions, misrepresentations, or the override \nof internal control.\n\u2022 Obtain an understanding of internal control relevant to the au -\ndit in order to design audit procedures that are appropriate in \nthe circumstances. Under Section 143(3)(i) of the Act, we are \nalso responsible for expressing our opinion on whether the \ncompany has adequate internal financial controls with refer -\nence to financial statements in place and the operating effec -\ntiveness of such controls.\n\u2022 Evaluate the appropriateness of accounting policies used and \nthe reasonableness of accounting estimates and related disclo -\nsures made by the Management and Board of Directors.\n\u2022 Conclude on the appropriateness of Management and Board \nof Directors use of the going concern basis of accounting in \npreparation of consolidated financial statements and, based \non the audit evidence obtained, whether a material uncertain -\nty exists related to events or conditions that may cast signifi -\ncant doubt on the appropriateness of this assumption. If we \nconclude that a material uncertainty exists, we are required \nto draw attention in our auditor\u2019s report to the related disclo -\nsures in the consolidated financial statements or, if such disclo -\nsures are inadequate, to modify our opinion. Our conclusions \nare based on the audit evidence obtained up to the date of our \nauditor\u2019s report. However, future events or conditions may \ncause the Group and its joint ventures (including a subsidiary \nof a joint venture) to cease to continue as a going concern.\n\u2022 Evaluate the overall presentation, structure and content of the \nconsolidated financial statements, including the disclosures, \nand whether the consolidated financial statements repre -\nsent the underlying transactions and events in a manner that \nachieves fair presentation.\n\u2022 Obtain sufficient appropriate audit evidence regarding the \nfinancial statements/financial information of such entities or \nbusiness activities within the Group and its joint ventures (in -\ncluding a subsidiary of a joint venture) to express an opinion on \nthe consolidated financial statements. We are responsible for \nthe direction, supervision and performance of the audit of the \nfinancial statements/financial information of such entities in -\ncluded in the consolidated financial statements of which we are \nthe independent auditors. For the other entities included in the \nconsolidated financial statements, which have been audited by \nother auditors, such other auditors remain responsible for the \ndirection, supervision and performance of the audits carried \nout by them. We remain solely responsible for our audit opin -\nion. Our responsibilities in this regard are further described in \nparagraph (a) of the section titled \u2018Other Matters\u2019 in this audit \nreport.\nWe communicate with those charged with governance of the Hold -\ning Company and such other entities included in the consolidated \nfinancial statements of which we are the independent auditors re -\ngarding, among other matters, the planned scope and timing of the", "start_char_idx": 4050, "end_char_idx": 7487, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "cba980df-5574-47f9-826b-2987e7bc3486": {"__data__": {"id_": "cba980df-5574-47f9-826b-2987e7bc3486", "embedding": null, "metadata": {"page_label": "158", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "7bbbdc10-0221-4dad-acc2-2ef81437b465", "node_type": null, "metadata": {"page_label": "158", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ff2beeb7df9cbe4447afb4820e43df46d952c27a6c9d54c51cc3bb8b6063bbc7"}, "3": {"node_id": "f7c705fa-15dd-4057-ad30-492c1bfb316c", "node_type": null, "metadata": {"page_label": "158", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9817c94f6c9f009c1cc31a79e4d19699ba662c7d673724b22b33c3c04c2d2841"}}, "hash": "c280e5ad798ebc43cb226ab4d19d30ae904a743573b0877270c09efdd50a293e", "text": "157\nAnnual Report 2021-22\naudit and significant audit findings, including any significant deficien -\ncies in internal control that we identify during our audit.\nWe also provide those charged with governance with a statement \nthat we have complied with relevant ethical requirements regarding \nindependence, and to communicate with them all relationships and \nother matters that may reasonably be thought to bear on our inde -\npendence, and where applicable, related safeguards.\nFrom the matters communicated with those charged with gover -\nnance, we determine those matters that were of most significance \nin the audit of the consolidated financial statements of the current \nperiod and are therefore the key audit matters. We describe these \nmatters in our auditor\u2019s report unless law or regulation precludes \npublic disclosure about the matter or when, in extremely rare cir -\ncumstances, we determine that a matter should not be communi -\ncated in our report because the adverse consequences of doing so \nwould reasonably be expected to outweigh the public interest bene -\nfits of such communication.\nOther Matters\n(a) W e did not audit the financial statements/financial informa -\ntion of nine subsidiaries, whose financial statements/financial \ninformation reflect total assets (before consolidation adjust -\nments) of Rs 53,410.64 Lacs as at 31 March 2022, total reve -\nnues (before consolidation adjustments) of Rs. 39,583.13 Lacs and net profit after tax (before consolidation adjustments) of \nRs. 772.46 Lacs and net cash outflows (before consolidation \nadjustments) of Rs.202.26 Lacs for the year ended on that \ndate, as considered in the consolidated financial statements. \nThe consolidated financial statements also include the Group\u2019s \nshare of net loss after tax (including other comprehensive in -\ncome) (before consolidation adjustments) of Rs. 915.10 Lacs for the year ended 31 March 2022, in respect of six joint ven -\ntures (including subsidiary of joint venture), whose financial statements/financial information have not been audited by us. \nThese financial statements/financial information have been \naudited by other auditors whose reports have been furnished \nto us by the Management and our opinion on the consolidated financial statements, in so far as it relates to the amounts and \ndisclosures included in respect of these subsidiaries and joint \nventures (including subsidiary of joint venture) and our report \nin terms of sub-section (3) of Section 143 of the Act, in so far it \nrelates to the aforesaid subsidiaries and joint ventures is based \nsolely on the report of other auditors.\nFiv e subsidiaries are located outside India, whose financial \nstatements and other financial information have been prepared \nin accordance with accounting principles generally accepted in \ntheir respective countries and which have been audited by oth -\ner auditors under generally accepted auditing standards ap -\nplicable in their respective countries. The Holding Company\u2019s \nmanagement has converted the financial statements/financial \ninformation of such subsidiaries located outside India from \naccounting principles generally accepted in their respective \ncountries to accounting principles generally accepted in India. \nWe have audited these conversion adjustments made by the \nHolding Company\u2019s management in India. Our opinion in so \nfar as it relates to the balances and affairs of such subsidiaries \nlocated outside India are based on the report of other auditors \nin their respective countries and conversion adjustments pre -\npared by the management and audited by us.\n(b) The financial statements/financial information of three sub -\nsidiaries, whose financial statements/ financial information reflect total assets (before consolidation adjustments) of Rs. Nil as at 31 March 2022, total revenues (before consolidation adjustments) of Rs. 0.19 Lacs, and net cash outflows (before \nconsolidation adjustments) of Rs. 0.10 Lacs for the year ended \non that date, as considered in the consolidated financial state -\nments, have not been audited either by us or by other", "start_char_idx": 0, "end_char_idx": 4095, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f7c705fa-15dd-4057-ad30-492c1bfb316c": {"__data__": {"id_": "f7c705fa-15dd-4057-ad30-492c1bfb316c", "embedding": null, "metadata": {"page_label": "158", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "7bbbdc10-0221-4dad-acc2-2ef81437b465", "node_type": null, "metadata": {"page_label": "158", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ff2beeb7df9cbe4447afb4820e43df46d952c27a6c9d54c51cc3bb8b6063bbc7"}, "2": {"node_id": "cba980df-5574-47f9-826b-2987e7bc3486", "node_type": null, "metadata": {"page_label": "158", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c280e5ad798ebc43cb226ab4d19d30ae904a743573b0877270c09efdd50a293e"}}, "hash": "9817c94f6c9f009c1cc31a79e4d19699ba662c7d673724b22b33c3c04c2d2841", "text": "consolidated financial state -\nments, have not been audited either by us or by other auditors. The consolidated annual financial statements also include the \nGroup's share of net loss after tax of Rs. 0.51 Lacs for the year \nended 31 March 2022, as considered in the consolidated finan -\ncial statements, in respect of two joint ventures whose financial statements/financial information have not been audited by us \nor by other auditors. These unaudited financial statements/fi -\nnancial information have been furnished to us by the Manage -\nment and our opinion on the consolidated financial statements, \nin so far as it relates to the amounts and disclosures included \nin respect of these subsidiaries and joint ventures (including \nsubsidiary of joint venture), and our report in terms of sub-sec -\ntions (3) of Section 143 of the Act in so far as it relates to the aforesaid subsidiaries and joint ventures (including subsidiary of joint venture), is based solely on such unaudited financial \nstatements / financial information. In our opinion and accord -\ning to the information and explanations given to us by the Man -\nagement, these financial statements/financial information are \nnot material to the Group.\nOur opinion on the consolidated financial statements, and our report \non Other Legal and Regulatory Requirements below, is not modified \nin respect of the above matters with respect to our reliance on the \nwork done and the reports of the other auditors and the financial \nstatements/financial information certified by the Management.\nReport on Other Legal and Regulatory Requirements\n1. As required by the Companies (Auditor\u2019s Report) Order, 2020 \n(\u201cthe Order\u201d) issued by the Central Government of India in \nterms of Section 143 (11) of the Act, we give in the \u201cAnnexure \nA\u201d a statement on the matters specified in paragraphs 3 and 4 \nof the Order, to the extent applicable.\n2. (A)  As required by Section 143(3) of the Act, based on our \naudit and on the consideration of reports of the other auditors on separate/consolidated financial statements \nof such subsidiaries and joint ventures (including subsidi -\nary of joint venture) as were audited by other auditors, as noted in the \u201cOther Matters\u201d paragraph, we report, to the \nextent applicable, that:\na) W e have sought and obtained all the information and \nexplanations which to the best of our knowledge and belief were necessary for the purposes of our audit of \nthe aforesaid consolidated financial statements.\nb) In our opinion, proper books of account as required \nby law relating to preparation of the aforesaid consol -\nidated financial statements have been kept so far as it appears from our examination of those books and the \nreports of the other auditors.\nc) The consolidated balance sheet, the consolidated \nstatement of profit and loss (including other com -\nprehensive income), the consolidated statement of \nchanges in equity and the consolidated statement of \ncash flows dealt with by this Report are in agreement \nwith the relevant books of account maintained for \nthe purpose of preparation of the consolidated finan -\ncial statements.", "start_char_idx": 4011, "end_char_idx": 7136, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ff5c2ba9-0964-480e-9dfe-1c75e7ad5757": {"__data__": {"id_": "ff5c2ba9-0964-480e-9dfe-1c75e7ad5757", "embedding": null, "metadata": {"page_label": "159", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "07938e21-6620-4967-a310-479f9aebb4ee", "node_type": null, "metadata": {"page_label": "159", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "fdfc668bc5b402f9f0fb50e3961c8338bd6aa105453be5ab4253155f6029f5aa"}, "3": {"node_id": "724ca77f-8071-4f81-9da4-ace12b3dccfe", "node_type": null, "metadata": {"page_label": "159", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a557317691ef493db3c322e7c0c96ba438a7190735af542c461e704b0066dd50"}}, "hash": "ded4912ddfbb4e33a2e2ec08d442a881a337ad95737e61b635dc75e4b1b2b348", "text": "Sandhar Technologies Limited158\nd) In our opinion, the aforesaid consolidated financial \nstatements comply with the Ind AS specified under \nSection 133 of the Act.\ne) On the basis of the written representations received \nfrom the directors of the Holding Company as on 31 March 2022 taken on record by the Board of Direc -\ntors of the Holding Company and the reports of the statutory auditors of its subsidiary companies and \njoint venture companies, incorporated in India , none \nof the directors of the Group companies and its joint \nventures (including a subsidiary of a joint venture) \nincorporated in India is disqualified as  on 31 March \n2022 from being appointed as a director in terms of \nSection 164(2) of the Act.\nf) Wit h respect to the adequacy of the internal financial \ncontrols with reference to financial statements of the Holding Company, its subsidiary companies and \njoint venture companies (including a subsidiary of a \njoint venture) incorporated in India and the operating \neffectiveness of such controls, refer to our separate \nReport in \u201cAnnexure B\u201d .\n(B) Wit h respect to the other matters to be included in the Audi -\ntor\u2019s Report in accordance with Rule 11 of the Companies (Au -\ndit and Auditor\u2019s) Rules, 2014, in our opinion and to the best of our information and according to the explanations given to \nus and based on the consideration of the reports of the other \nauditors on separate/consolidated financial statements of the \nsubsidiaries and joint ventures, as noted in the \u2018Other Matters\u2019 \nparagraph:\ni. The consolidated financial statements disclose the impact \nof pending litigations as at 31 March 2022 on the consol -\nidated financial position of the Group and joint ventures \n(including a subsidiary of a joint venture). Refer Note 32 \nto the consolidated financial statements.\nii. The Group and its joint ventures (including a subsidiary \nof a joint venture) did not have any material foreseeable losses on long-term contracts including derivative con -\ntracts during the year ended 31 March 2022.\niii. There are no amounts which are required to be trans -\nferred to the Investor Education and Protection Fund by \nthe Holding Company, or its subsidiary companies incor -\nporated in India during the year ended 31 March 2022.\niv. (a)  The management has represented that, to the best \nof its knowledge and belief, no funds have been ad -\nvanced or loaned or invested (either from borrowed funds or share premium or any other sources or kind \nof funds) by the Holding Company or its subsidiary \ncompanies, and joint venture companies (including \nsubsidiary of joint venture) to or in any other per -\nsons or entities, including foreign entities (\u201cInterme -\ndiaries\u201d), with the understanding, whether recorded \nin writing or otherwise, that the Intermediary shall:-\n\u2022 directly or indirectly lend or invest in other \npersons or entities identified in any manner \nwhatsoever (\u201cUltimate Beneficiaries\u201d) by or \non behalf of the Holding Company or its sub -\nsidiary companies and joint venture companies (including subsidiary of joint venture) incorpo -\nrated in India or\u2022 pro vide any guarantee, security or the like to or \non behalf of the Ultimate Beneficiaries.\n(b) The Management has represented, that, to the best \nof its knowledge and belief, no funds have been re -\nceived by the Holding Company or its subsidiary companies and joint venture companies incorporated \nin India from any persons or entities, including foreign \nentities (\u201cFunding Parties\u201d), with the understanding, \nwhether recorded in writing or otherwise, that the \nHolding Company or its subsidiary companies and \njoint ventures companies (including subsidiary of \njoint venture) incorporated in India shall:\n\u2022 directly or indirectly, lend or invest in other \npersons or entities identified in any manner \nwhatsoever (\u201cUltimate", "start_char_idx": 0, "end_char_idx": 3835, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "724ca77f-8071-4f81-9da4-ace12b3dccfe": {"__data__": {"id_": "724ca77f-8071-4f81-9da4-ace12b3dccfe", "embedding": null, "metadata": {"page_label": "159", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "07938e21-6620-4967-a310-479f9aebb4ee", "node_type": null, "metadata": {"page_label": "159", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "fdfc668bc5b402f9f0fb50e3961c8338bd6aa105453be5ab4253155f6029f5aa"}, "2": {"node_id": "ff5c2ba9-0964-480e-9dfe-1c75e7ad5757", "node_type": null, "metadata": {"page_label": "159", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ded4912ddfbb4e33a2e2ec08d442a881a337ad95737e61b635dc75e4b1b2b348"}}, "hash": "a557317691ef493db3c322e7c0c96ba438a7190735af542c461e704b0066dd50", "text": "in other \npersons or entities identified in any manner \nwhatsoever (\u201cUltimate Beneficiaries\u201d) by or on \nbehalf of the Funding Parties or\n\u2022 pro vide any guarantee, security or the like \nfrom or on behalf of the Ultimate Beneficiaries.\n(c) Based on such audit procedures as considered rea -\nsonable and appropriate in the circumstances, noth -\ning has come to our notice that has caused us to be -\nlieve that the representations under sub-clause (iv) (a) and (iv) (b) contain any material misstatement.\nv. The dividend declared or paid during the year by the \nHolding Company and its subsidiary company incorporat -\ned in India is in compliance with Section 123 of the Act.\nC. Wit h respect to the matter to be included in the Auditor\u2019s Re -\nport under Section 197(16) of the Act):\nIn our opinion and according to the information and explana -\ntions given to us, and based on the reports of the statutory auditors of such subsidiary companies incorporated in India \nwhich were not audited by us, the remuneration paid during \nthe current year by the Holding Company and its subsidiary \ncompanies to its directors is in accordance with the provisions \nof Section 197 of the Act. The remuneration paid to any direc -\ntor by the Holding Company and its subsidiary companies is not in excess of the limit laid down under Section 197 of the \nAct. The Ministry of Corporate Affairs has not prescribed other \ndetails under Section 197(16) which are required to be com -\nmented upon by us.\nFor B S R & Co. LLP\nChartered Accountants\nICAI Firm registration number: 101248W / W-100022\nShashank Agarwal\nPartner\nPlace: Gurugram  Membership No.: 095109\nDate: 18 May 2022   ICA I UDIN: \n22095109AJEDAM5518", "start_char_idx": 3758, "end_char_idx": 5446, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "bba36398-e8e5-4503-8e3c-e7b4d47255e8": {"__data__": {"id_": "bba36398-e8e5-4503-8e3c-e7b4d47255e8", "embedding": null, "metadata": {"page_label": "160", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "6bac1470-4391-4b6d-b2c1-e5a1f4d6cd82", "node_type": null, "metadata": {"page_label": "160", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ca7f498b75cdac7384b7b8097e103b89de287c63a8182cf4ec4cf101f7e50e32"}}, "hash": "ca7f498b75cdac7384b7b8097e103b89de287c63a8182cf4ec4cf101f7e50e32", "text": "159\nAnnual Report 2021-22\nAnnexure - A to the Independent Auditor\u2019s Report\non the consolidated financial statements of Sandhar Technologies Limited for the year ended 31 March 2022\n(Referred to in paragraph 1 under the heading \u2018Report on Other Legal and Regulatory Requirements\u2019 of our report of even date)\n(xxi) In our opinion and according to the information and explanations given to us, there are no qualifications or adverse remarks by the \nrespective auditors in the Companies (Auditor\u2019s Report) Order, 2020 reports of the companies incorporated in India and included in the \nconsolidated financial statements.\nF or B S R & Co. LLP  \nChartered Accountants  \nICA I Firm registration number: 101248W / W-100022\nShashank Agarwal  \nPartner  \nPlace: Gurugram   Membership No.: 095109  \nDate: 18 May 2022  ICA I UDIN: 22095109AJEDAM5518", "start_char_idx": 0, "end_char_idx": 836, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "404b09a0-57fc-496b-afc5-bbbcb4d8e29d": {"__data__": {"id_": "404b09a0-57fc-496b-afc5-bbbcb4d8e29d", "embedding": null, "metadata": {"page_label": "161", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c6377d8d-21b8-4210-be11-510f8ffc8454", "node_type": null, "metadata": {"page_label": "161", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b151f7921e9ebb1e36924477b3676d0a986d6af515c932dbe936f1ecf0a07947"}, "3": {"node_id": "9856fbce-b05d-4f33-9039-47c0354bb62a", "node_type": null, "metadata": {"page_label": "161", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cd43d5db9f0e9dfd64cca172500941e4d61324631d287733f3a830afc4276926"}}, "hash": "025d6da40229d1ceefa29fcb546f2a9823c97001ac1477257bdd1623f908e17d", "text": "Sandhar Technologies Limited160\nAnnexure B to the Independent Auditor\u2019s report\non the consolidated financial statements  of Sandhar T echnologies Limited (\u2018hereinafter referred to as \u201cthe Holding \nCompany\u2019) for the year ended 31 March 2022\nReport on the internal financial controls with reference to the aforesaid consolidated financial statements under Clause (i) of Sub-\nsection 3 of Section 143 of the Companies Act, 2013\n(Referred to in paragraph A(f) under \u2018Report on Other Legal and Regulatory Requirements\u2019 section of our report of even date)\nOpinion\nIn conjunction with our audit of the consolidated financial \nstatements of the Company as of and for the year ended 31 March \n2022, we have audited the internal financial controls with reference \nto consolidated financial statements of Sandhar T echnologies \nLimited (hereinafter referred to as\u201c the Holding Company\u201d) and such \ncompanies incorporated in India under the Companies Act, 2013 \nwhich are its subsidiary Companies and its joint venture companies \n(including a subsidiary of a joint venture company), as of that date.\nIn our opinion, the Holding Company and its five Subsidiary \nCompanies and three Joint Venture Companies which are Companies \nincorporated in India, have, in all material respects, adequate internal \nfinancial controls with reference to consolidated financial statements \nand such internal financial controls were operating effectively as \nat 31 March 2022, based on the internal financial controls with \nreference to consolidated financial statements criteria established \nby such companies considering the essential components of such \ninternal controls stated in the Guidance Note on Audit of Internal \nFinancial Controls Over Financial Reporting issued by the Institute \nof Chartered Accountants of India (the \u201cGuidance Note\u201d).\nManagement\u2019s Responsibility for Internal Financial Controls\nThe respective Company\u2019s management and the Board of Directors \nare responsible for establishing and maintaining internal financial \ncontrols with reference to consolidated financial statements based \non the criteria established by the respective Company considering \nthe essential components of internal control stated in the Guidance \nNote. These responsibilities include the design, implementation \nand maintenance of adequate internal financial controls that were \noperating effectively for ensuring the orderly and efficient conduct \nof its business, including adherence to the respective company\u2019s \npolicies, the safeguarding of its assets, the prevention and detection \nof frauds and errors, the accuracy and completeness of the accounting \nrecords, and the timely preparation of reliable financial information, \nas required under the Companies Act, 2013 (hereinafter referred \nto as \u201cthe Act\u201d).\nAuditors\u2019 Responsibility\nOur responsibility is to express an opinion on the internal financial \ncontrols with reference to consolidated financial statements based \non our audit. We conducted our audit in accordance with the \nGuidance Note and the Standards on Auditing, prescribed under \nSection 143(10) of the Act, to the extent applicable to an audit of \ninternal financial controls with reference to consolidated financial \nstatements. Those Standards and the Guidance Note require that \nwe comply with ethical requirements and plan and perform the \naudit to obtain reasonable assurance about whether adequate \ninternal financial controls with reference to consolidated financial \nstatements were established and maintained and if such controls \noperated effectively in all material respects.\nOur audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls \nwith reference to consolidated financial statements and their \noperating effectiveness. Our audit of internal financial controls with \nreference to consolidated financial statements included obtaining \nan understanding of internal financial controls with reference to \nconsolidated financial statements, assessing the risk that a material \nweakness exists, and testing and evaluating the design and operating \neffectiveness of the internal controls based on the assessed risk. \nThe procedures selected depend on the auditor\u2019s judgement, \nincluding the assessment of the risks of material misstatement of \nthe consolidated financial statements, whether due to fraud or error.\nWe believe that the audit", "start_char_idx": 0, "end_char_idx": 4399, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9856fbce-b05d-4f33-9039-47c0354bb62a": {"__data__": {"id_": "9856fbce-b05d-4f33-9039-47c0354bb62a", "embedding": null, "metadata": {"page_label": "161", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c6377d8d-21b8-4210-be11-510f8ffc8454", "node_type": null, "metadata": {"page_label": "161", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b151f7921e9ebb1e36924477b3676d0a986d6af515c932dbe936f1ecf0a07947"}, "2": {"node_id": "404b09a0-57fc-496b-afc5-bbbcb4d8e29d", "node_type": null, "metadata": {"page_label": "161", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "025d6da40229d1ceefa29fcb546f2a9823c97001ac1477257bdd1623f908e17d"}}, "hash": "cd43d5db9f0e9dfd64cca172500941e4d61324631d287733f3a830afc4276926", "text": "financial statements, whether due to fraud or error.\nWe believe that the audit evidence we have obtained and the audit \nevidence obtained by the other auditors of the relevant subsidiary \ncompanies and joint venture companies in terms of their reports \nreferred to in the Other Matters paragraph below, is sufficient and \nappropriate to provide a basis for our audit opinion on the internal \nfinancial controls with reference to consolidated financial statements\nMeaning of Internal Financial controls with Reference to \nConsolidated Financial Statements\nA company's internal financial controls with reference to \nconsolidated financial statements is a process designed to provide \nreasonable assurance regarding the reliability of financial reporting \nand the preparation of financial statements for external purposes \nin accordance with generally accepted accounting principles. A \ncompany's internal financial controls with reference to consolidated \nfinancial statements includes those policies and procedures that \n(1) pertain to the maintenance of records that, in reasonable detail, \naccurately and fairly reflect the transactions and dispositions of \nthe assets of the company; (2) provide reasonable assurance that \ntransactions are recorded as necessary to permit preparation \nof financial statements in accordance with generally accepted \naccounting principles, and that receipts and expenditures of the \ncompany are being made only in accordance with authorisations \nof management and directors of the company; and (3) provide \nreasonable assurance regarding prevention or timely detection of \nunauthorised acquisition, use, or disposition of the company's assets \nthat could have a material effect on the financial statements.\nInherent Limitations of Internal Financial controls with Reference \nto consolidated Financial Statements\nBecause of the inherent limitations of internal financial controls \nwith reference to consolidated financial statements, including the \npossibility of collusion or improper management override of controls, \nmaterial misstatements due to error or fraud may occur and not be \ndetected. Also, projections of any evaluation of the internal financial \ncontrols with reference to consolidated financial statements to future \nperiods are subject to the risk that the internal financial controls \nwith reference to consolidated financial statements may become \ninadequate because of changes in conditions, or that the degree of \ncompliance with the policies or procedures may deteriorate.\nOther Matters", "start_char_idx": 4321, "end_char_idx": 6860, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b1c9e194-f0b2-47fa-9b98-3b214c72fd0a": {"__data__": {"id_": "b1c9e194-f0b2-47fa-9b98-3b214c72fd0a", "embedding": null, "metadata": {"page_label": "162", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3376b325-9de8-4f05-b20a-237fb14a71d2", "node_type": null, "metadata": {"page_label": "162", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3c4b81e9fb70ab1b9c51c8ba06c933c4ff004c84743e6cdc0e729b461888c81e"}}, "hash": "3c4b81e9fb70ab1b9c51c8ba06c933c4ff004c84743e6cdc0e729b461888c81e", "text": "161\nAnnual Report 2021-22\nOur aforesaid reports under Section 143(3)(i) of the Act on the \nadequacy and operating effectiveness of the internal financial \ncontrols with reference to consolidated financial statements insofar \nas it relates to four Subsidiary Companies and three joint venture \ncompanies, which are companies incorporated in India, is based \non the corresponding reports of the auditors of such companies \nincorporated in India.\nFurther, eight (8) Joint Venture Companies (including subsidiary \nof joint venture company), incorporated in India, are exempted \nfrom the requirement of their auditor reporting on whether the \nrespective joint venture company (including a subsidiary of a joint \nventure company) has adequate Internal Financial Controls system \nin place and the operating effectiveness of such controls.\nOur opinion is not modified in respect of the above matters.F or B S R & Co. LLP\nCha rtered Accountants\nICA I Firm registration number: 101248W / W-100022\nShashank Agarwal\nPartner\nPlace: Gurugram  Membership No.: 095109\nDate: 18 May 2022  ICA I UDIN: 22095109AJEDAM5518", "start_char_idx": 0, "end_char_idx": 1101, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "8065d1d0-c3f9-4977-94cc-6f54885a99a3": {"__data__": {"id_": "8065d1d0-c3f9-4977-94cc-6f54885a99a3", "embedding": null, "metadata": {"page_label": "163", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c0553157-de24-4b4e-a491-f072f3d2c9b0", "node_type": null, "metadata": {"page_label": "163", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "03f4a85ee21e09f5fd0aee4dd3656e0af18ed04db5775178ad9543122596bfe1"}, "3": {"node_id": "8c93daa8-38d2-45c2-9145-aa57ae1a9c2b", "node_type": null, "metadata": {"page_label": "163", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9015aa74d526efe7943ea8a656802af65d7ac547a1a674b5168c523f6f934d74"}}, "hash": "29832fd6d538f45d028f6c76d8f82ac45386304e3f7e9a278c5789aabc44f6e6", "text": "Sandhar Technologies Limited162\nConsolidated Balance Sheet as at 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n Particulars  Note As at \n31 March 2022 As at \n31 March 2021\n Assets \n Non-current assets \n Property, plant and equipment 3  79,284.53  72,093.34 \n Capital work-in-progress 3A  8,907.19  1,454.81 \n Intangible assets under development  3,895.16 -   \n Right-of-use assets 4  11,449.23  10,579.59 \n Goodwill 5  553.30  553.30 \n Other intangible assets 5  2,921.43  952.67 \n Equity accounted investees 6  4,311.83  5,166.37 \n Financial assets 7\n- Investments 7 A  429.39  520.74 \n- Other financial assets  7 F  2,156.54  1,210.63 \n Income-tax assets 9 B  610.41  505.84 \n Other non-current assets 9 A  3,118.95  176.04 \n T otal non-current assets  117,637.96  93,213.33 \n Current assets \n Inventories 8  25,969.79  21,136.90 \n Financial assets 7\n- Investments 7 A  585.23  153.82 \n- Loans 7 B  43.48  678.58 \n- Trade receivables 7 C  44,537.42  39,292.33 \n- Cash and cash equivalents 7 D  410.39  596.90 \n- Other bank balances 7 E  251.77  514.62 \n- Other financial assets 7 F  1,535.86  1,495.31 \n Other current assets 9 C, D, \nE, F 6,542.90  2,512.51 \n T otal current assets   79,876.84  66,380.97 \n Assets held for sale -   -   \n T otal assets   197,514.80  159,594.30 \n Equity and liabilities \n Equity \n Equity share capital 10  6,019.07  6,019.07 \n Other equity 11  79,875.08  74,418.43 \n Equity attributable to owners of the Company  85,894.15  80,437.50 \n Non controlling interest 12  387.13  369.06 \n T otal equity  86,281.28  80,806.56 \n Non-current liabilities \n Financial liabilities \n- Borrowings 13  24,692.34  9,928.40 \n- Lease liabilities 15  8,328.50  7,841.39 \n- Other financial liabilities 15  36.89  195.96 \n Provisions 17  100.91  102.01 \n Deferred tax liabilities (net) 18  1,203.04  1,596.35 \n T otal non current liabilities  34,361.68  19,664.11 \n Current liabilities  Financial liabilities \n- Borrowings 13  26,871.82  12,128.00 \n- Trade payables 14\n\u2022 total outstanding dues of micro enterprises and small enterprises  11,591.36  3,832.45 \n\u2022 total outstanding dues of creditors other than micro enterprises and small enterprises  28,187.17  35,321.92 \n- Lease liabilities 15  1,526.34  1,136.49 \n- Other financial liabilities 15  2,467.11  1,208.12 \n Other current liabilities 16  4,672.77  4,400.40 \n Income-tax liabilities 17  617.67  400.36 \n Provisions 17  937.60  695.89 \n T otal current liabilities  76,871.84  59,123.63 \n T otal equity and liabilities  197,514.80  159,594.30 \n Significant accounting policies   2 \nThe accompanying notes are an integral part of these Consolidated Financial Statements.\nAs per our report of even date attached  \nFor B S R & Co. LLP   F or and on behalf of the Board of Directors of  \nChartered Accountants   Sandhar T echnologies Limited", "start_char_idx": 0, "end_char_idx": 2856, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "8c93daa8-38d2-45c2-9145-aa57ae1a9c2b": {"__data__": {"id_": "8c93daa8-38d2-45c2-9145-aa57ae1a9c2b", "embedding": null, "metadata": {"page_label": "163", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c0553157-de24-4b4e-a491-f072f3d2c9b0", "node_type": null, "metadata": {"page_label": "163", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "03f4a85ee21e09f5fd0aee4dd3656e0af18ed04db5775178ad9543122596bfe1"}, "2": {"node_id": "8065d1d0-c3f9-4977-94cc-6f54885a99a3", "node_type": null, "metadata": {"page_label": "163", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "29832fd6d538f45d028f6c76d8f82ac45386304e3f7e9a278c5789aabc44f6e6"}}, "hash": "9015aa74d526efe7943ea8a656802af65d7ac547a1a674b5168c523f6f934d74", "text": "Board of Directors of  \nChartered Accountants   Sandhar T echnologies Limited  \nICAI Firm Registration number 101248W/W-100022  \nShashank Agarwal  D .N. Davar  Ja yant Davar  Y ashpal Jain \nPartner  Chairman  Co-Cha irman and  Chief Financia l Officer\nMembership No. 095109  DIN:00002008 Managing D irector  DIN:00100801\nVimal Mahendru  Archana Capoor  Arvind Kapur  K omal Malik\nDirector  Director  Director  Com pany Secretary\nDIN:00006016  DIN:01204170  DIN:00096308  ICS I M. No.: 6430\nPlace: Gurugram  Pla ce: Gurugram\nDate: 18 May 2022  Date: 18 Ma y 2022", "start_char_idx": 2779, "end_char_idx": 3340, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5876a1b1-9b24-4278-977d-11006650fca8": {"__data__": {"id_": "5876a1b1-9b24-4278-977d-11006650fca8", "embedding": null, "metadata": {"page_label": "164", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e526672b-d351-4b85-b3fa-56a724532b76", "node_type": null, "metadata": {"page_label": "164", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "90675140281f1da6795dbd9c2085197a2886fa9e268059284ecc80144c1bd48c"}, "3": {"node_id": "0ae4760a-d2ec-4382-8158-91a446e91a6c", "node_type": null, "metadata": {"page_label": "164", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8fc14623e371e14f5b7e7a355a5cc3ff2b40bbf4f625c9287ced6d56c7d8083f"}}, "hash": "123bdcf74c3a86e02bf1eea5794bf22ab3a4012e3c45b68708d3a436fe7ca731", "text": "163\nConsolidated Statement of Profit and Loss for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n Significant accounting policies   2 \nThe accompanying notes are an integral part of these Consolidated Financial Statements.\nAs per our report of even date attached  \nFor B S R & Co. LLP   F or and on behalf of the Board of Directors of  \nChartered Accountants   Sandhar T echnologies Limited  \nICAI Firm Registration number 101248W/W-100022  \nShashank Agarwal  D .N. Davar  Ja yant Davar  Y ashpal Jain \nPartner  Chairman  Co-Cha irman and  Chief Financia l Officer\nMembership No. 095109  DIN:00002008 Managing D irector  DIN:00100801\nVimal Mahendru  Archana Capoor  Arvind Kapur  K omal Malik\nDirector  Director  Director  Com pany Secretary\nDIN:00006016  DIN:01204170  DIN:00096308  ICS I M. No.: 6430\nPlace: Gurugram  Pla ce: Gurugram\nDate: 18 May 2022  Date: 18 Ma y 2022Particulars Note For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nREVENUE\nRevenue from operations  19  232,370.23  186,356.51 \nOther income  20  698.11  1,077.63 \nT otal income (I)  233,068.34  187,434.14 \nEXPENSES\nCost of raw materials and components consumed  21  143,890.47  109,150.09 \nChanges in inventories of finished goods and work-in-progress  22  (2,306.86)  61.86 \nEmployee benefits expense  23  31,836.97  27,774.19 \nFinance costs  26  1,771.03  1,602.06 \nDepreciation and amortization expense  24  10,003.23  9,394.78 \nOther expenses  25  38,346.81  30,529.70 \nT otal expenses (II)  223,541.65  178,512.68 \nProfit before share of loss of investment accounted for using equity method, exceptional items \nand tax (III = I - II) 9,526.69  8,921.46 \nExceptional items  27  110.86 -   \nProfit before share of loss of investment accounted for using equity method, and tax  (IV)  9,415.83  8,921.46 \nShare in loss of joint ventures accounted for using equity method, net (V)  1,271.59  1,119.93 \nProfit before tax (VI = IV - V)  8,144.24  7,801.53 \nT ax expense:  30 \nCurrent tax  2,663.42  2,038.25 \nDeferred tax (credit)/ charge  (112.11)  (20.08)\nT otal tax expense (VII)  2,551.31  2,018.17 \nProfit for the year (VIII = VI - VII)  5,592.93  5,783.36 \nOther comprehensive income 28\nItems that will not be reclassified to profit or loss\n(a) Re-measurement gain/ (loss) on defined benefit plans  (310.47)  (544.67)\nIncome tax relating to re-measurement gain/ (loss) on defined benefit plans  78.17  137.08 \n(b) Gain on acquisition of equity interest in joint venture  904.72 -   \nIncome tax on above  (180.22) -   \nItems that will be reclassified to profit or loss\nExchange differences in translating the financial statements of foreign operations  (3.13)  44.08 \nIncome tax relating to exchange difference in translation  0.78  (11.02)\nT otal other comprehensive income for the year, net of tax", "start_char_idx": 0, "end_char_idx": 2879, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0ae4760a-d2ec-4382-8158-91a446e91a6c": {"__data__": {"id_": "0ae4760a-d2ec-4382-8158-91a446e91a6c", "embedding": null, "metadata": {"page_label": "164", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e526672b-d351-4b85-b3fa-56a724532b76", "node_type": null, "metadata": {"page_label": "164", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "90675140281f1da6795dbd9c2085197a2886fa9e268059284ecc80144c1bd48c"}, "2": {"node_id": "5876a1b1-9b24-4278-977d-11006650fca8", "node_type": null, "metadata": {"page_label": "164", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "123bdcf74c3a86e02bf1eea5794bf22ab3a4012e3c45b68708d3a436fe7ca731"}}, "hash": "8fc14623e371e14f5b7e7a355a5cc3ff2b40bbf4f625c9287ced6d56c7d8083f", "text": "otal other comprehensive income for the year, net of tax (IX)  489.85  (374.53)\nT otal comprehensive income for the year (X = VIII + IX)  \n(Comprising Profit and Other Comprehensive Income for the year) 6,082.78  5,408.83 \nProfit attributable to:\n- Owners of the Company  5,572.87  5,775.37 \n- Non-controlling interest  20.06  7.99 \n5592.93 5783.36\nOther comprehensive income attributable to:\n- Owners of the Company  491.84  (373.04)\n- Non-controlling interest  (1.99)  (1.49)\n 489.85  (374.53)\nT otal comprehensive income attributable to:\n- Owners of the Company  6,064.71  5,402.33 \n- Non-controlling interest  18.07  6.50 \n 6,082.78  5,408.83 \nEarnings per equity share:  29 \n(1) Basic-Par value of Rs. 10 per share  9.29  9.61 \n(2) Diluted-Par value of Rs. 10 per share  9.29  9.61", "start_char_idx": 2823, "end_char_idx": 3609, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "197fcd4b-58c4-4604-8678-e5905e2c72ff": {"__data__": {"id_": "197fcd4b-58c4-4604-8678-e5905e2c72ff", "embedding": null, "metadata": {"page_label": "165", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b87f6bda-ada0-486a-8473-7ef53930753c", "node_type": null, "metadata": {"page_label": "165", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "053bc245d5c6552d556409426e214870b4f43a7b89e50b0c9bc0e0b876b436ee"}, "3": {"node_id": "7b2ee866-cfa8-4a99-b504-fffe261159a4", "node_type": null, "metadata": {"page_label": "165", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "780a07ddd009b1e753718813d9cc39e2884c60b246fcf44f2d72d52926839a74"}}, "hash": "32e8b33950b418575c2c55b9810065b083133b4db3945e3ef84fc3e646b80418", "text": "Sandhar Technologies Limited164\nConsolidated Statement of changes in equity for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nA. Equity share capital:\nParticulars Note Equity Shares\nNo. of shares in lacs Amount\nBalance as at 1 April 2020 10  601.91  6,019.07 \nChanges during the year  -   -   \nBalance as at 31 March 2021  601.91  6,019.07 \nChanges during the year  -   -   \nBalance as at 31 March 2022  601.91  6,019.07 \nB. Other equity\nParticularsReserves and Surplus (1)Items of  other comprehensive \nincome\n(2)T otal \nattributable \nto owners \nof the \nCompanyAttributable \nto Non-\ncontrolling \ninterestT otal\nRetained \nearningsSecurities \nPremiumCapital \nreservesExchange differ -\nences on trans -\nlation of foreign \noperationsRemeasure -\nments of defined \nbenefit liabilities\nBalance as at 1 April 2020  38,027.77  27,859.67  3,190.97  616.47  531.06  70,225.94  362.56 70,588.50 \nT otal Comprehensive income for the \nyear ended 31 March 2021\nProfit for the year  5,776.86 -   -   -   -    5,776.86  6.50  5,783.36 \nOther comprehensive income (net \nof tax)-   -   -    33.06  (407.59)  (374.53) -    (374.53)\nContribution by and distribution to \nowner\nDividend on equity shares (Final)  (451.43) -   -   -   -    (451.43) -    (451.43)\nDividend on equity shares (Interim)  (758.41) -   -   -   -    (758.41) -    (758.41)\nBalance as at 31 March 2021  42,594.79  27,859.67  3,190.97  649.53  123.47  74,418.43  369.06  74,787.49 \nT otal Comprehensive income for the \nyear ended 31 March 2022\nProfit for the Year  5,574.87 -   -   -   -    5,574.87  18.07  5,592.94 \nOther comprehensive income (net \nof tax)-   -    724.49  (2.35)  (232.30)  489.84 -    489.84 \nAdjustment on account of conversion of joint venture into subsidiary (0.13) -   -   -   -    (0.13) -    (0.13)\nContribution by and distribution to owner\nDividend on equity shares (Final)  (607.93) -   -   -   -    (607.93) -    (607.93)\nBalance as at 31 March 2022  47,561.60 \n 27,859.67  3,915.46  647.18  (108.83)  79,875.08  387.13  80,262.21 \nNotes:  \n1. Refer note 11 for nature and purpose of other equity.\n2. Refer note 6 for adjustment on account of conversion of joint venture into subsidiary.\n Significant accounting policies   2 \nThe accompanying notes are an integral part of these Consolidated Financial Statements.\nAs per our report of even date attached  \nFor B S R & Co. LLP   F or and on behalf of the Board of Directors of  \nChartered Accountants   Sandhar T echnologies Limited  \nICAI Firm Registration number 101248W/W-100022  \nShashank Agarwal  D .N. Davar  Ja yant Davar  Y ashpal Jain \nPartner  Chairman  Co-Cha irman and  Chief Financia l", "start_char_idx": 0, "end_char_idx": 2690, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7b2ee866-cfa8-4a99-b504-fffe261159a4": {"__data__": {"id_": "7b2ee866-cfa8-4a99-b504-fffe261159a4", "embedding": null, "metadata": {"page_label": "165", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b87f6bda-ada0-486a-8473-7ef53930753c", "node_type": null, "metadata": {"page_label": "165", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "053bc245d5c6552d556409426e214870b4f43a7b89e50b0c9bc0e0b876b436ee"}, "2": {"node_id": "197fcd4b-58c4-4604-8678-e5905e2c72ff", "node_type": null, "metadata": {"page_label": "165", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "32e8b33950b418575c2c55b9810065b083133b4db3945e3ef84fc3e646b80418"}}, "hash": "780a07ddd009b1e753718813d9cc39e2884c60b246fcf44f2d72d52926839a74", "text": "\nPartner  Chairman  Co-Cha irman and  Chief Financia l Officer\nMembership No. 095109  DIN:00002008 Managing D irector  DIN:00100801\nVimal Mahendru  Archana Capoor  Arvind Kapur  K omal Malik\nDirector  Director  Director  Com pany Secretary\nDIN:00006016  DIN:01204170  DIN:00096308  ICS I M. No.: 6430\nPlace: Gurugram  Pla ce: Gurugram\nDate: 18 May 2022  Date: 18 Ma y 2022", "start_char_idx": 2636, "end_char_idx": 3008, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5d3ddfbd-bdd3-4522-9b61-9f3452b774c6": {"__data__": {"id_": "5d3ddfbd-bdd3-4522-9b61-9f3452b774c6", "embedding": null, "metadata": {"page_label": "166", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "a4e334a9-f115-4b3d-b77e-c165db3d8305", "node_type": null, "metadata": {"page_label": "166", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "937a096804c8835d57f7a4e14f579ea8cf5b777982619b1a9dc44348f8c214d8"}, "3": {"node_id": "4715d751-842c-45cc-bbb1-61fccb41d1c4", "node_type": null, "metadata": {"page_label": "166", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "52526cdef20aa09066dc280b53693c611ac38c85a230e7f50781e9bdbc776176"}}, "hash": "083a89b00ec0c7560240f02167f1b6b9101f36bb121413fa6f4a95015a4312d7", "text": "165\nConsolidated Statement of Cash Flows for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nParticulars For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nA Cash flows from operating activities\n1  Profit before tax  8,144.24  7,801.53 \n2 Adjustments for :\nDepreciation and amortisation expense  10,003.23  9,394.78 \nImpairment loss on investment in join venture and subsidiary  110.86  -   \nShare in loss of joint ventures accounted for using equity method  1,271.59  1,119.93 \nGain on account of fair value of investment exceeds its carrying value  (1.67)  -   \nProfit on sale of property, plant and equipment  (52.95)  (47.29)\nProvision for doubtful debts and advances  -    34.82 \nUnrealised foreign exchange loss (net)  (48.50)  (22.58)\nInterest expense  1,771.03  1,602.06 \nBad debts and advances written off  1.68  42.35 \nInterest income on security deposits measured at amortised cost  (3.55)  (45.69)\nGain on investments carried at fair value through profit or loss  (71.14)  (45.06)\nInterest income  (109.21)  (156.49)\nDividend income  -    (113.05)\n3 Operating profit before working capital changes (1+2)  21,015.61  19,565.31 \n2 Movements in working capital:\nIncrease in trade receivables  (5,015.67)  (16,633.36)\nIncrease in inventories  (4,832.89)  (1,567.54)\nIncrease in non current financial assets  (945.91)  (1,202.78)\nDecrease/(Increase) in current financial assets  598.81  (2,652.81)\nIncrease in other current assets  (3,573.32)  (160.66)\nIncrease in trade payables  75.92  15,552.66 \nDecrease in current provisions  (484.96)  (413.25)\n(Decrease)/ Increase in other financial liabilities  (54.26)  896.52 \nIncrease in other current liabilities  34.29  941.23 \nT otal movement in working capital:  (14,197.99)  (5,239.99)\n5 Cash flows generated from operations (3+4)  6,817.62  14,325.32 \n6 Less : Income tax paid (net of refunds)  1,955.14  1,952.88 \n7 Net cash flows generated from operating activities (5-6)  4,862.48  12,372.44 \nB  Cash flows from investing activities:\nPurchase of Property, plant and equipment, Capital work in progress, other intangible \nassets and capital advances (29,702.91)  (7,696.89)\nProceeds from sale of property, plant and equipment  105.90  201.35 \nPurchase of non-current investment in joint ventures  (1,523.73)  (2,634.41)\nSale of non-current investment in joint ventures  -    361.80 \n(Purchase)/Proceeds of/from investments  (373.46)  152.74 \nRedemption/(Increase) of Bank deposits (having original maturity of more than 3 \nmonths) 263.18  (435.36)\nDividend income  -    113.05 \nInterest received  108.51  197.40 \nNet cash flows used in investing activities:  (31,122.51)  (9,740.32)\nC Cash flows from financing activities:\nRepayment of long-term borrowings  (18.54)  (576.18)\nProceeds from long-term borrowings  16,656.95  9,755.47", "start_char_idx": 0, "end_char_idx": 2890, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4715d751-842c-45cc-bbb1-61fccb41d1c4": {"__data__": {"id_": "4715d751-842c-45cc-bbb1-61fccb41d1c4", "embedding": null, "metadata": {"page_label": "166", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "a4e334a9-f115-4b3d-b77e-c165db3d8305", "node_type": null, "metadata": {"page_label": "166", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "937a096804c8835d57f7a4e14f579ea8cf5b777982619b1a9dc44348f8c214d8"}, "2": {"node_id": "5d3ddfbd-bdd3-4522-9b61-9f3452b774c6", "node_type": null, "metadata": {"page_label": "166", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "083a89b00ec0c7560240f02167f1b6b9101f36bb121413fa6f4a95015a4312d7"}}, "hash": "52526cdef20aa09066dc280b53693c611ac38c85a230e7f50781e9bdbc776176", "text": "from long-term borrowings  16,656.95  9,755.47 \nProceeds/(Repayment) from/of short-term borrowings (net)  12,899.26  (7,278.99)\nPayment of lease liabilities  (1,609.28)  (1,738.02)\nDividend paid during the year  (607.93)  (1,209.84)\nInterest paid  (1,350.02)  (1,575.71)\nNet cash flows generated from/ (used in) financing activities:  25,970.44  (2,623.27)", "start_char_idx": 2844, "end_char_idx": 3200, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "77aee2d2-b50b-4446-8567-13f4aabc413b": {"__data__": {"id_": "77aee2d2-b50b-4446-8567-13f4aabc413b", "embedding": null, "metadata": {"page_label": "167", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c9d526e7-4a94-4fa8-bada-a34d91d0de4a", "node_type": null, "metadata": {"page_label": "167", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5b7d92f2ec19d970213a70c0983ab67d7ed97e19c5bd4fa5ba66da45b1f98a8b"}}, "hash": "5b7d92f2ec19d970213a70c0983ab67d7ed97e19c5bd4fa5ba66da45b1f98a8b", "text": "Sandhar Technologies Limited166\nConsolidated Statement of Cash Flows for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nParticulars For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nD Net (decrease)/increase in Cash and cash equivalents (A+B+C)  (289.59)  8.85 \nImpact on cash flow on account of foreign currency translation  103.08  (82.32)\nCash and cash equivalents as at the beginning of year  596.90  670.37 \nCash and cash equivalents as at end of the year  410.39  596.90 \nCash and cash equivalents include :\n Balances with banks: \n\u2013 In current accounts  399.62  438.65 \n Cash on hand  10.77  18.25 \n Deposits with original maturity for less than three months   -    140.00 \nCash and cash equivalents at the end of the year  410.39  596.90 \nReconciliation between the opening and closing balances in the balance sheet for liabilities arising from financing activities:\nParticulars  Non - current \nborrowings* Current  \nborrowings \nOpening balance as at 1 April 2021  10,679.12  11,379.54 \nCash flows during the year  16,661.95  12,899.26 \nNon-cash changes due to:\n- Foreign currency translation  -    (29.91)\nClosing balance as at 31 March 2022  27,341.07  24,248.89 \n*Includes current maturities of non-current borrowings and interest accrued thereon, refer Note 13.\nNotes:\n1. The Consolida ted cash flow statement has been prepared in accordance with \u201cIndirect Method\u201d as set out on Indian Accounting \nStandard -7 on  \u201cStatement of Cash Flows \u201c .  \n2. Refer note 2 for significa nt accounting policies.\n3. The Com pany paid in cash Rs. 209.33 Lacs for the year ended 31 March 2022 and Rs. 216.66 Lacs for the year ended 31 March 2021 \ntowards Corporate Social Responsibility (CSR) expenditure.  \nThe accompanying notes are forming part of these Consolidated Financial Statements.  \n Significant accounting policies   2 \nThe accompanying notes are an integral part of these Consolidated Financial Statements.\nAs per our report of even date attached  \nFor B S R & Co. LLP   F or and on behalf of the Board of Directors of  \nChartered Accountants   Sandhar T echnologies Limited  \nICAI Firm Registration number 101248W/W-100022  \nShashank Agarwal  D .N. Davar  Ja yant Davar  Y ashpal Jain \nPartner  Chairman  Co-Cha irman and  Chief Financia l Officer\nMembership No. 095109  DIN:00002008 Managing D irector  DIN:00100801\nVimal Mahendru  Archana Capoor  Arvind Kapur  K omal Malik\nDirector  Director  Director  Com pany Secretary\nDIN:00006016  DIN:01204170  DIN:00096308  ICS I M. No.: 6430\nPlace: Gurugram  Pla ce: Gurugram\nDate: 18 May 2022  Date: 18 Ma y 2022", "start_char_idx": 0, "end_char_idx": 2647, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "67455a46-f26e-4289-9c0a-454aaa4d05b2": {"__data__": {"id_": "67455a46-f26e-4289-9c0a-454aaa4d05b2", "embedding": null, "metadata": {"page_label": "168", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c6642a62-1d49-4627-b380-cadada6d0c63", "node_type": null, "metadata": {"page_label": "168", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b265b51a7660b41dab2626534acaf665d145dd068160a910103d33a517077d0b"}, "3": {"node_id": "5194c340-77be-4d1d-ba03-4609cdb9674a", "node_type": null, "metadata": {"page_label": "168", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7d2200c7cdb99c78637f30bbff0e94a845afb6f8008ffe43faaa3817d5ec1b19"}}, "hash": "14ec39ca0cdd2544a707902cba3047e014e09cc7fc99b8b6583fba0195af4e7e", "text": "167\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n1. Corporate Information\nSandhar T echnologies Limited (\u2018STL \u2019 or \u2018the Company\u2019 or \u2018the \nParent Company\u2019) is a Public Limited Company domiciled in \nIndia and was incorporated on 19 October 1987 in New Delhi, \nIndia under the provisions of the Companies Act in India. Sand -\nhar Group (the Parent Company and its subsidiary companies together referred to as \u201cthe Group\u201d) and its joint ventures are \nprincipally engaged in the manufacturing and assembling of \nautomotive components for the automotive industry in India, designing and manufacturing of moulds, dies and dies parts, ma -\nchine tools, jigs and fixtures and fabrication and assembly and construction, agri \u2013 farm and railway products. \nThe Consolidated Financial Statements for the year ended 31 \nMarch 2022 comprise Financial Statements of the Group and \nits joint ventures.\n2. Significant Accounting Policies, Principles of Consolidation and Basis of preparation\n2.1 Principles of Consolidation\nControl is achieved when the Group is exposed, or has rights, \nto variable returns from its involvement with the investee and \nhas the ability to affect those returns through its power over the \ninvestee. Specifically, the Group controls an investee if and only \nif the Group has:\n\u2022 P ower over the investee (i.e. existing rights that give it the \ncurrent ability to direct the relevant activities of the investee)\n\u2022 Exposure, or rights, to variable returns from its involvement \nwith the investee, and\n\u2022 The ability to use its power over the investee to affect its \nreturnsGenerally, there is a presumption that a majority of voting rights result in control. T o support this presumption and when the \nGroup has less than a majority of the voting or similar rights of \nan investee, the Group considers all relevant facts and circum -\nstances in assessing whether it has power over an investee, in -\ncluding:\n\u2022 The contractual arrangement with the other vote holders of \nthe investee\n\u2022 Right s arising from other contractual arrangements \n\u2022 The Group \u2019s voting rights and potential voting rights\n\u2022 The size of the Group\u2019s holding of voting rights relative to the \nsize and dispersion of the holdings of the other voting rights \nholders\nThe Group re-assesses whether or not it controls an investee if \nfacts and circumstances indicate that there are changes to one \nor more of the three elements of control. Consolidation of a sub -\nsidiary begins when the Group obtains control over the subsid -\niary and ceases when the Group loses control of the subsidiary. \nAssets, liabilities, income and expenses of a subsidiary acquired \nor disposed of during the year are included in the Consolidated Financial Statements from the date the Group gains control un -\ntil the date the Group ceases to control the subsidiary. \ni. Subsidiaries\nSubsidiaries are entities controlled by the Group. The Group controls an entity when it is exposed to, or has rights to, variable \nreturns from its involvement with the entity and has the ability \nto affect those returns through its power over the entity. The \nFinancial Statements of subsidiaries are included in the Con -\nsolidated Financial Statements from the date on which control commences until the date on which control ceases.\nThe subsidiary companies which are included in the Consolidation and the Parent Company\u2019s holding therein is as under:\nS. \nNo.Name of the Subsidiary Company Nature of relationOwnership in % either directly or through subsidiariesCountry of Incorporation and Principal place of Business 2021-22 2020-21\n1 Sandhar T ooling Private Limited (STPL) Subsidiary 79.92 79.92 India\n2 Sandhar T echnologies Barcelona S.L. (STB) Subsidiary 100 100 Spain\nA Breniar Project, SL (BP) (Liquidated on 23 April 2021) Step Down", "start_char_idx": 0, "end_char_idx": 3918, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5194c340-77be-4d1d-ba03-4609cdb9674a": {"__data__": {"id_": "5194c340-77be-4d1d-ba03-4609cdb9674a", "embedding": null, "metadata": {"page_label": "168", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c6642a62-1d49-4627-b380-cadada6d0c63", "node_type": null, "metadata": {"page_label": "168", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b265b51a7660b41dab2626534acaf665d145dd068160a910103d33a517077d0b"}, "2": {"node_id": "67455a46-f26e-4289-9c0a-454aaa4d05b2", "node_type": null, "metadata": {"page_label": "168", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "14ec39ca0cdd2544a707902cba3047e014e09cc7fc99b8b6583fba0195af4e7e"}}, "hash": "7d2200c7cdb99c78637f30bbff0e94a845afb6f8008ffe43faaa3817d5ec1b19", "text": "Breniar Project, SL (BP) (Liquidated on 23 April 2021) Step Down \nSubsidiary100 100 Spain\nB Sandhar T echnologies Poland sp. Zoo (STP) Step Down Subsidiary100 100 Poland\nC Sandhar T echnologies de Mexico S de RL de CV (STM) Step Down \nSubsidiary100 100 Mexico\nD Sandhar T echnologies Ro SRL (w.e.f. 4 March 2021) Step Down \nSubsidiary100 - Romania\n3 PT Sandhar  Indonesia (PTSI) (ceased w.e.f 29 August 2016) Subsidiary - - Indonesia\n4. Sandhar Euro Holdings B.V. (SHBV) (ceased w.e.f   2 January 2017) Subsidiary - - Netherlands\n5. Sandhar Strategic Systems Private Limited Subsidiary 99.99 99.99 India\n6. Sandhar Engineering Private Limited (SEPL) (w.e.f 14 October 2021)Subsidiary 100 - India", "start_char_idx": 3854, "end_char_idx": 4549, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "2b65e791-0f79-4a22-b6d3-035297779257": {"__data__": {"id_": "2b65e791-0f79-4a22-b6d3-035297779257", "embedding": null, "metadata": {"page_label": "169", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0944c603-8ccc-4e43-a93e-0acb21539815", "node_type": null, "metadata": {"page_label": "169", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "96ccf79f97c4bef1a90792f5d34f8c5fb51fa5e28aaf05ddf009b46660f84037"}, "3": {"node_id": "32f41747-df83-413b-b8aa-3b3a27b2d81d", "node_type": null, "metadata": {"page_label": "169", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1861932becfac87394222dcfa404b5c55dcf59f3d5831fa8aff11961315b1682"}}, "hash": "8c1f17a427ed163a7f914a2bc649ed408da89e740ee7e8fa4d6789534cab3ef8", "text": "Sandhar Technologies Limited168\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nS. \nNo.Name of the Subsidiary Company Nature of \nrelationOwnership in % either \ndirectly or through \nsubsidiariesCountry of \nIncorporation \nand Principal \nplace of Business 2021-22 2020-21\n7. Sandhar Auto Castings Private Limited (formerly known as Sandhar \nDaeshin T echnologies Private Limited) (w.e.f 1 October 2021 , \nJoint Venture Company upto 30 September 2021)Subsidiary 100 99.99 India\n8. Sandhar Automotive Systems Private Limited (formerly known as \nSandhar Daewha Automotive Systems Private Limited) (w.e.f. 28 \nDecember 2021 Joint venture Company upto 27 December 2021)Subsidiary 100 - India\nA. Sandhar Autotech Private Limited (w.e.f 28 December 2021, \nSubsidiary of Joint venture Company upto 27 December 2021)Step Down \nSubsidiary100 100 India\nB. Sandhar Auto Electric T echnologies Private Limited (w.e.f 28 \nDecember 2021, Subsidiary of Joint venture Company upto 27 \nDecember 2021)Step Down \nSubsidiary100 100 India\nConsolidated Financial Statements are prepared using uniform \naccounting policies for like transactions and other events in sim -\nilar circumstances. If a member of the Group uses accounting \npolicies other than those adopted in the Consolidated Finan -\ncial Statements for like transactions and events in similar cir -\ncumstances, appropriate adjustments are made to that Group \nmember\u2019s Financial Statements in preparing the Consolidated \nFinancial Statements to ensure conformity with the Group\u2019s ac -\ncounting policies.\nThe Financial Statements of all entities used for the purpose of \nConsolidation are drawn up to same reporting date as that of \nthe parent Group, i.e., year ended on 31 March. When the end \nof the reporting period of the parent is different from that of a \nsubsidiary, the subsidiary prepares, for Consolidation purposes, \nadditional Financial Information as of the same date as the Fi -\nnancial Statements of the parent to enable the parent to Con -\nsolidate the Financial Information of the subsidiary, unless it is \nimpracticable to do so.ii. Non-controlling interests (NCI)\nNCI are measured at their proportionate share of the acquiree\u2019s \nnet identifiable assets at the date of acquisition. Changes in the \nGroup\u2019s equity interest in a subsidiary that do not result in a loss \nof control are accounted for as equity transactions.\niii. Loss of control\nWhen the Group loses control over a subsidiary, it derecogniz -\nes the assets and liabilities of the subsidiary, and any related \nNCI and other components of equity. Any interest retained in \nthe former subsidiary is measured at fair value at the date the \ncontrol is lost. Any resulting gain or loss is recognized in profit \nor loss.\niv. Equity accounted investees\nThe Group\u2019s interests in equity accounted investees comprise \ninterests in its joint ventures.\nThe joint venture companies which are included in the Consolidation and the Parent Company\u2019s holding therein is as under:\nS. \nNo.Name of the Joint Venture Company JV Partner % Share in JV Country of In -\ncorporation and \nPrincipal place \nof Business2021-22 2020-21\n1. Indo T oolings Private Limited (ITPL) JBM Auto Limited 50 50 India\n2. Sandhar Han Sung T echnologies Private \nLimited (SHTPL)Han Sung Imp Co. Limited 50 50 India\n3. Sandhar Ecco Green Energy Private Limited DMRG Investment Private Limited \nand T arun Agarwal50 50 India\n4. Jinyoung Sandhar Mechatronics Private \nLimitedJinyoung Electro-Mechanics Co. Ltd. 50 50 India\n5. Sandhar Amkin Industries Private Limited Amkin Group Private Limited 50 50 India\n6. Sandhar Automotive Systems Private \nLimited (formerly known", "start_char_idx": 0, "end_char_idx": 3748, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "32f41747-df83-413b-b8aa-3b3a27b2d81d": {"__data__": {"id_": "32f41747-df83-413b-b8aa-3b3a27b2d81d", "embedding": null, "metadata": {"page_label": "169", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0944c603-8ccc-4e43-a93e-0acb21539815", "node_type": null, "metadata": {"page_label": "169", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "96ccf79f97c4bef1a90792f5d34f8c5fb51fa5e28aaf05ddf009b46660f84037"}, "2": {"node_id": "2b65e791-0f79-4a22-b6d3-035297779257", "node_type": null, "metadata": {"page_label": "169", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8c1f17a427ed163a7f914a2bc649ed408da89e740ee7e8fa4d6789534cab3ef8"}}, "hash": "1861932becfac87394222dcfa404b5c55dcf59f3d5831fa8aff11961315b1682", "text": "Private Limited 50 50 India\n6. Sandhar Automotive Systems Private \nLimited (formerly known as Sandhar Daewha \nAutomotive Systems Private Limited) (Joint \nventure Company upto 27 December 2021)Daehwa fuel pump Ind., Limited - 50 India\n7. Sandhar Daeshin Auto Systems Private \nLimited Daeshin Machinery Ind. Co. Ltd. 50 50 India\n8. Sandhar Whetron Electronics Private Limited Whetron Electronics Co. Ltd. 50 50 India", "start_char_idx": 3658, "end_char_idx": 4072, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7f347b8b-3ee8-4a2d-b21a-05b74a8e05d9": {"__data__": {"id_": "7f347b8b-3ee8-4a2d-b21a-05b74a8e05d9", "embedding": null, "metadata": {"page_label": "170", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "bb9d1db4-440c-4cb0-8c4f-5b4715cb009f", "node_type": null, "metadata": {"page_label": "170", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6bf67266812beb9fe2d1a664ea02381db29eb0fdc4a8a81ae2d75d84df947644"}, "3": {"node_id": "f3a2dbad-44ca-404e-ba8d-1fdb7cef7cc9", "node_type": null, "metadata": {"page_label": "170", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bddd86a448e03460baa2a3768a061a08b33e4e8177a3a74f39810379f43a31fa"}}, "hash": "3d8882fbb87cb645d74286016f148fc724e19c9d47ba6e943d850cef346243bd", "text": "169\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nS. \nNo.Name of the Joint Venture Company JV Partner % Share in JV Country of In -\ncorporation and \nPrincipal place \nof Business2021-22 2020-21\n9. Kwangsung Sandhar T echnologies Private \nLimitedKwangsung Corporation Limited 50 50 India\n10. Winnercom Sandhar T echnologies Private LimitedWinnercom Co. Ltd. 50 50 India\n11. Sandhar Han Shin Automotive Private Limited Han Shin Corporation 50 50 India\n12. Sandhar Han Shin Auto T echnologies Private LimitedHan Shin Corporation 50 50 India\n13. Sandhar Auto Castings Private Limited \n(formerly known as Sandhar Daeshin \nT echnologies Private Limited)Daeshin Machinery Ind. Co. Ltd. - NA India\n(Joint Venture Company upto 30 September \n2021) - NA India\nA joint venture is an arrangement in which the Group has joint \ncontrol and has rights to the net assets of the arrangement, \nrather than rights to its assets and obligations for its liabilities.\nInterests in joint ventures are accounted for using the equity \nmethod. They are initially recognized at cost which includes \ntransaction costs. Subsequent to initial recognition, the Consol -\nidated Financial Statements include the Group\u2019s share of profit or loss and OCI of equity-accounted investees until the date on \nwhich significant influence or joint control ceases.\nConsolidation procedure:\n(a)Com bine like items of assets, liabilities, equity, income, \nexpenses and cash flows of the parent with those of its \nsubsidiaries. For this purpose, income and expenses of \nthe subsidiary are based on the amounts of the assets \nand liabilities recognized in the Consolidated Financial \nStatements at the acquisition date.\n(b) Offset  (eliminate) the carrying amount of the parent\u2019s \ninvestment in each subsidiary and the parent\u2019s portion of \nequity of each subsidiary. Business combinations policy \nexplains how to account for any related goodwill.\n(c) Elim inate in full intragroup assets and liabilities, equity, \nincome, expenses and cash flows relating to transactions \nbetween entities of the Group (profits or losses resulting \nfrom intragroup transactions that are recognized in assets, \nsuch as inventory and property, plant and equipment (\u2018PPE\u2019), \nare eliminated in full). Intragroup losses may indicate an \nimpairment that requires recognition in the Consolidated \nFinancial Statements. Ind AS 12 Income T axes applies to \ntemporary differences that arise from the elimination of \nprofits and losses resulting from intragroup transactions.\nProfit or loss and each component of other comprehensive \nincome (OCI) are attributed to the equity holders of the \nparent of the Group and to the non-controlling interests, \neven if this results in the non-controlling interests having \na deficit balance. When necessary, adjustments are made \nto the Financial Statements of subsidiaries to bring their accounting policies into line with the Group\u2019s accounting policies. All intra-group assets and liabilities, equity, income, \nexpenses and cash flows relating to transactions between \nmembers of the Group are eliminated in full on Consolidation.\nA change in the ownership interest of a subsidiary, without \na loss of control, is accounted for as an equity transaction. If \nthe Group loses control over a subsidiary, it:\n\u2022 Derecognizes the assets (including goodwill) and \nliabilities of the subsidiary\n\u2022 Derecognizes the carrying amount of any non-controlling \ninterests \n\u2022 Derecognizes the cumulative translation differences \nrecorded in equity\n\u2022 Recognizes t he fair value of the consideration received \n\u2022 Recognizes t he fair value of any investment retained \n\u2022 Recognizes a ny surplus or deficit in profit or loss \n\u2022 Recla ssifies the parent\u2019s share of components previously", "start_char_idx": 0, "end_char_idx": 3864, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f3a2dbad-44ca-404e-ba8d-1fdb7cef7cc9": {"__data__": {"id_": "f3a2dbad-44ca-404e-ba8d-1fdb7cef7cc9", "embedding": null, "metadata": {"page_label": "170", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "bb9d1db4-440c-4cb0-8c4f-5b4715cb009f", "node_type": null, "metadata": {"page_label": "170", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6bf67266812beb9fe2d1a664ea02381db29eb0fdc4a8a81ae2d75d84df947644"}, "2": {"node_id": "7f347b8b-3ee8-4a2d-b21a-05b74a8e05d9", "node_type": null, "metadata": {"page_label": "170", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3d8882fbb87cb645d74286016f148fc724e19c9d47ba6e943d850cef346243bd"}}, "hash": "bddd86a448e03460baa2a3768a061a08b33e4e8177a3a74f39810379f43a31fa", "text": "or loss \n\u2022 Recla ssifies the parent\u2019s share of components previously \nrecognized in OCI to profit or loss or retained earnings,as appropriate, as would be required if the Group had \ndirectly disposed of the related assets or liabilities\n2.1 Basis of preparation\n(i) Statemen t of compliance\nThese Consolidated Financial Statements of the Group \nhave been prepared in accordance with Indian Accounting \nStandards (Ind AS) prescribed under Section 133 of Compa -\nnies Act, 2013, (the \u2018Act\u2019), read with Companies (Indian Ac -\ncounting Standards) (Amendment) Rules as amended from \ntime to time and other relevant provisions of the Act.\nEffective 1 April 2016, the Group had transitioned to Ind \nAS while the Financial Statements were being prepared in \naccordance with the Companies (Accounting Standards) Rules, 2006 (previous GAAP) till 31 March 2017 and the \ntransition was carried out in accordance of Ind AS 101 \u201cFirst \ntime adoption of Indian Accounting Standards\u201d . While carry -\ning out transition, in addition to the mandatory exemptions, the Group had elected to certain exemption which are listed \nas below:", "start_char_idx": 3796, "end_char_idx": 4911, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a20f8ce8-1879-4416-bba0-52db685d53e0": {"__data__": {"id_": "a20f8ce8-1879-4416-bba0-52db685d53e0", "embedding": null, "metadata": {"page_label": "171", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3d112057-d9ce-4e84-a932-f66910ee463e", "node_type": null, "metadata": {"page_label": "171", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3350bf6c98b666ecb9103a691fdd97581a26ff05493835acdf4c2f17dd1ecd4d"}, "3": {"node_id": "60fafe54-2a86-4da7-bdad-63e01b4fbc37", "node_type": null, "metadata": {"page_label": "171", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "33ecb1f21dd29c75c31210d726dc0593aad6d94ca28f86c996553e7c865f3e66"}}, "hash": "53a946615d1ff8df0ec123eef07209c1be259cd18b1954afd135c9fe1b095644", "text": "Sandhar Technologies Limited170\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\na) Business Combination:\nGroup has opted for exemption under Ind AS 101 with \nrespect to Business Combinations whereby Group has \nelected not to apply Ind AS 103 retrospectively to past \nbusiness combinations i.e. (to business combinations \nthat occurred before the date of transition to Ind AS). \nAs such previous GAAP balances relating to business \ncombinations consummated before that date, including \ngoodwill, have been carried forward.\nb) Deemed cost e xemption on Property, Plant and\nEquipment\nInd AS 101 permits a first-time adopter to elect to continue with the carrying value for all of its property, \nplant and equipment as recognised in the Financial \nStatements as at the date of transition to Ind AS, \nmeasured as per the previous GAAP and use that as its \ndeemed cost as at the date of transition after making \nnecessary adjustments for de-commissioning liabilities \nThis exemption can also be used for intangible assets covered by Ind AS 38 Intangible Assets.\nAccordingly, the Group has elected to measure all of its \nproperty, plant and equipment and intangible assets at \ntheir previous GAAP carrying value.\nc) In vestment in subsidiaries:\nAs per the requirements of Ind AS 27, Group has opted to record its equity investment in subsidiary at cost. \nInd AS 101 provides that while measuring investment \nat cost, an entity shall measure that investment at one \nof the following amounts in its separate opening Ind AS \nBalance Sheet: \n(i) cost determined in accordance with Ind AS 27; or\n(ii) deemed cost. The deemed cost of such an in vest -\nment shall be its\n(a) fair value at the entity\u2019s date of transition to Ind \nASs in its Separate Financial Statements; or\n(b) pre vious GAAP carrying amount at that date.\nAccordingly, Company has opted to record its \ninvestment in subsidiary at previous GAAP carrying \namount at transition date.\nd) In vestment in joint ventures\nInd AS 101 permits a first-time adopter to elect while \nchanging from proportionate consolidation to equity \nmethod, to measure its investments in a joint venture at \nthe date of transition as the aggregate of the carrying \namount of the assets and liabilities that the entity had \npreviously proportionately consolidated, including any \ngoodwill arising from acquisition. The resultant amount \nis regarded as deemed cost of investment in the joint \nventure at initial recognition. Accordingly, the Group \nhas elected to carry the deemed cost of investment in \njoint ventures as the aggregate amount of the assets \nof liabilities that was previously proportionately \nconsolidated.e) L eases:\nInd AS 101 permits that if there is any land lease newly \nclassified as finance lease then the first time adopter \nmay recognise assets and liability at fair value on that \ndate; and any difference between those fair values is \nrecognized in retained earnings. \nGroup has therefore classified land leases with multi \ndecade lease periods as finance lease as on transition \ndate.\n(ii) F unctional and presentation currency\nThese Consolidated Financial Statements are \npresented in Indian Rupees (INR), which is also the \nGroup\u2019s functional currency. All amounts have been \nrounded-off to the nearest Lacs, unless otherwise \nindicated.\n(iii) Basis of measurement\nThe Consolidated Financial Statements have been \nprepared on a historical cost basis, except for the \nitems which have been measured at fair value or \nrevalued amount:\nItems Measurement basis\nCertain financial assets and financial liability Fair value\nInvestment in preference shares (unquoted)Fair value\nNet defined benefit plan \n(asset)/ liabilityFair value of plan assets less present \nvalue of defined benefit obligation.\n(iv) Use of estimates and judgements\nIn preparation of these Consolidated Financial Statements, management has made judgements, \nestimates, and assumptions that affect the \napplication", "start_char_idx": 0, "end_char_idx": 4043, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "60fafe54-2a86-4da7-bdad-63e01b4fbc37": {"__data__": {"id_": "60fafe54-2a86-4da7-bdad-63e01b4fbc37", "embedding": null, "metadata": {"page_label": "171", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3d112057-d9ce-4e84-a932-f66910ee463e", "node_type": null, "metadata": {"page_label": "171", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3350bf6c98b666ecb9103a691fdd97581a26ff05493835acdf4c2f17dd1ecd4d"}, "2": {"node_id": "a20f8ce8-1879-4416-bba0-52db685d53e0", "node_type": null, "metadata": {"page_label": "171", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "53a946615d1ff8df0ec123eef07209c1be259cd18b1954afd135c9fe1b095644"}}, "hash": "33ecb1f21dd29c75c31210d726dc0593aad6d94ca28f86c996553e7c865f3e66", "text": "management has made judgements, \nestimates, and assumptions that affect the \napplication of accounting policies and the reported \namounts of assets and liabilities, income and \nexpenses. Actual results may differ from these \nestimates. Estimates and underlying assumptions \nare reviewed on an ongoing basis. Revision to \naccounting estimates are recognized prospectively. \nIn particular, information about significant areas \nof estimation uncertainty and critical judgments \nin applying accounting policies that have the most \nsignificant effect on the amounts recognized in the \nConsolidated Financial Statements is included in \nthe following notes.\n\u2022 Recognit ion and estimation of tax expense \nincluding deferred tax \u2013 Note 30 \n\u2022 Estim ated impairment of financial assets and \nnon-financial assets \u2013 Note 2.4(q)", "start_char_idx": 3955, "end_char_idx": 4769, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0001c883-f853-4b17-b223-a862665f7fb7": {"__data__": {"id_": "0001c883-f853-4b17-b223-a862665f7fb7", "embedding": null, "metadata": {"page_label": "172", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "80d799b0-bf03-4ef5-99d2-5c869e86d193", "node_type": null, "metadata": {"page_label": "172", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1ee6193690f828076f23746473a0562bb272606c3609c314dffd4d0f7ee8fa7f"}, "3": {"node_id": "3971ca33-d4c8-46c3-b604-fb0670aa1edb", "node_type": null, "metadata": {"page_label": "172", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2ac791623449dfbb80e7dd465fb6fe79f1f1700c59554c78ec2f360ce7999ca0"}}, "hash": "4b7be16a30a533ce1a9c5d3dac4c47f258186aa505ff71f970cbae4577ada1ff", "text": "171\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n\u2022 Assessment of useful life of property, plant and \nequipment and intangible asset \u2013 Note 2.4(d)\n\u2022 Estim ation of obligations relating to employee \nbenefits: key actuarial assumptions \u2013 Note 31\n\u2022 V aluation of Inventories \u2013 Note 2.4(j)\n\u2022 Recognit ion and measurement of provisions \nand contingencies: Key assumption about \nthe likelihood and magnitude of an outflow of \nresources \u2013 Note 32\n\u2022 L ease classification \u2013 Note 35\n\u2022 Fair value m easurement \u2013 Note 2.2(v)\n\u2022 In assessing the recoverability of receivables \nincluding unbilled receivables, goodwill,\nfinancial assets, and certain investments, the \nGroup has considered internal and external \ninformation up to the date of approval of these \nfinancial statements including credit reports \nand economic forecasts considering emerging \nsituations due to COVID-19. Based on current \nindicators of future economic conditions,\nthe Group expects to recover the carrying \namount of these assets. Due to the nature \nof the pandemic, the Group will continue to \nmonitor developments to identify significant \nuncertainties in future periods.\n(v) Measurement of fair values\nA number of the Group\u2019s accounting policies and \ndisclosures require the measurement of fair values, \nfor both financial and non-financial assets and \nliabilities.\nThe Group has an established control framework \nwith respect to the measurement of fair values. \nThe management regularly reviews significant \nunobservable inputs and valuation adjustments. If \nthird party information, such as broker quotes or pricing services, is used to measure fair values, then \nthe management assesses the evidence obtained \nfrom the third parties to support the conclusion \nthat these valuations meet the requirements of Ind \nAS, including the level in the fair value hierarchy in \nwhich the valuations should be classified.\nSignificant valuation issues are reported to the \nParent Company\u2019s audit committee.\nFair values are categorized into different levels in a \nfair value hierarchy based on the inputs used in the \nvaluation techniques as follows.\nLevel 1 : quoted prices (unadjusted) in active \nmarkets for identical assets or liabilities.\nLevel 2 : inputs other than quoted prices included in \nLevel 1 that are observable for the asset or liability, \neither directly (i.e. as prices) or indirectly (i.e. \nderived from prices).Level 3 : inputs for the asset or liability that are not \nbased on observable market data (unobservable inputs).\nWhen measuring the fair value of an asset or a \nliability, the Group uses observable market data as far as possible. If the inputs used to measure the \nfair value of an asset or a liability fall into different \nlevels of the fair value hierarchy, then the fair \nvalue measurement is categorized in its entirety \nin the same level of the fair value hierarchy as the \nlowest level input that is significant to the entire \nmeasurement.\nThe Group recognizes transfers between levels of \nthe fair value hierarchy at the end of the reporting \nperiod during which the change has occurred.\nFurther information about the assumptions made \nin measuring fair values is included in Note 36 \u2013 \nFinancial instrument.\n2.1 Changes in significant accounting policies\nThe Group has initially applied Ind AS 116 from 01 April 2019. \nDue to the transition methods chosen by the Group in applying \nthe above standard, comparative information throughout these \nConsolidated Financial Statements has not been restated to re -\nflect the requirements of the new standard.\nThe Group applied Ind AS 116 using the modified retrospec -\ntive approach, under which the cumulative effect of initial \napplication is recognised in retained earnings at 1 April 2019. \nAccordingly, the comparative information presented for the \nprevious year ended 31 March 2019 is not restated \u2013 i.e.", "start_char_idx": 0, "end_char_idx": 3985, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3971ca33-d4c8-46c3-b604-fb0670aa1edb": {"__data__": {"id_": "3971ca33-d4c8-46c3-b604-fb0670aa1edb", "embedding": null, "metadata": {"page_label": "172", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "80d799b0-bf03-4ef5-99d2-5c869e86d193", "node_type": null, "metadata": {"page_label": "172", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1ee6193690f828076f23746473a0562bb272606c3609c314dffd4d0f7ee8fa7f"}, "2": {"node_id": "0001c883-f853-4b17-b223-a862665f7fb7", "node_type": null, "metadata": {"page_label": "172", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4b7be16a30a533ce1a9c5d3dac4c47f258186aa505ff71f970cbae4577ada1ff"}}, "hash": "2ac791623449dfbb80e7dd465fb6fe79f1f1700c59554c78ec2f360ce7999ca0", "text": "for the \nprevious year ended 31 March 2019 is not restated \u2013 i.e. it is \npresented, as previously reported, under Ind AS 17. The details \nof the changes in accounting policies are disclosed in note 2.4 \n(f).\nOn adoption of the standard, the Group has recognized \u2018Right-\nof-use\u2019 assets and \u2018Lease liabilities\u2019 amounting as at 1 April \n2019. Operating lease expenses which were charged as lease \nrentals in the corresponding last year have now been recog -\nnized in the current year as depreciation expense relating to the right-of-use asset and finance cost for interest accrued on \nlease liability, as required by the new standard.\nA number of other new standards and amendments are also \neffective from 01 April 2019, but they do not have a material effect on the Consolidated Financial Statements.\n2.1 Summary of significant accounting policies\na. Business combinatio ns and goodwill\nBusiness combinations are accounted for using the acquisi -\ntion method. The cost of an acquisition is measured as the \naggregate of the consideration transferred measured at \nacquisition date fair value and the amount of any non-con -\ntrolling interests in the acquiree. For each business combi -\nnation, the Group elects whether to measure the non-con -\ntrolling interests in the acquiree at fair value or at the", "start_char_idx": 3920, "end_char_idx": 5220, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6c5cf8e1-80b8-4314-97c0-47e64e60ec8a": {"__data__": {"id_": "6c5cf8e1-80b8-4314-97c0-47e64e60ec8a", "embedding": null, "metadata": {"page_label": "173", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "287ca2da-17ad-47d7-949d-e7d880ec3f83", "node_type": null, "metadata": {"page_label": "173", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "89eaeed40c26121966960ee3a3528e5d09a3c7b64a466f237358a94ebc907a33"}, "3": {"node_id": "69e236ea-267e-4bc9-88db-83f8726b319e", "node_type": null, "metadata": {"page_label": "173", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5e1dd29f8ee09cb3d1fb5acc367b00754aecf633801437da6b2023d69ed6aad8"}}, "hash": "a0491aea568fa6c44c9bb9aef1530499628b7ba80a6a2ad0fda7112bb5878bd2", "text": "Sandhar Technologies Limited172\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nproportionate share of the acquiree\u2019s identifiable net assets. \nAcquisition-related costs are expensed as incurred.\nAt the acquisition date, the identifiable assets acquired and \nthe liabilities assumed are recognized at their acquisition \ndate fair values. For this purpose, the liabilities assumed in -\nclude contingent liabilities representing present obligation and they are measured at their acquisition fair values irre -\nspective of the fact that outflow of resources embodying economic benefits is not probable. However, the following \nassets and liabilities acquired in a business combination are \nmeasured at the basis indicated below:\n(a) Deferred tax assets or liabilities, and the assets or \nliabilities related to employee benefit arrangements are recognized and measured in accordance with Ind \nAS 12 Income T ax and Ind AS 19 Employee Benefits \nrespectively.\n(b) Lia bilities or equity instruments related to share based \npayment arrangements of the acquiree or share \u2013 based payments arrangements of the Group entered into \nto replace share-based payment arrangements of the \nacquiree are measured in accordance with Ind AS 102 \nShare-based Payments at the acquisition date.\n(c) Assets (or disposal groups) that are classified as held for \nsale in accordance with Ind AS 105 Non-current Assets \nheld for Sale and Discontinued Operations are measured \nin accordance with that standard. \n(d) Reacquired rights are measured at a value determined \non the basis of the remaining contractual term of the \nrelated contract. Such valuation does not consider \npotential renewal of the reacquired right.\nWhen the Group acquires a business, it assesses the financial \nassets and liabilities assumed for appropriate classification and \ndesignation in accordance with the contractual terms, econom -\nic circumstances and pertinent conditions as at the acquisition date. This includes the separation of embedded derivatives in \nhost contracts by the acquiree. \nIf the business combination is achieved in stages, any previous -\nly held equity interest is re-measured at its acquisition date fair \nvalue and any resulting gain or loss is recognized in profit or \nloss or OCI, as appropriate. \nAny contingent consideration to be transferred by the acquirer \nis recognized at fair value at the acquisition date. Contingent \nconsideration classified as an asset or liability that is a financial \ninstrument and within the scope of Ind AS 109 Financial In -\nstruments, is measured at fair value with changes in fair value recognized in profit or loss. If the contingent consideration is \nnot within the scope of Ind AS 109, it is measured in accor -\ndance with the appropriate Ind AS. Contingent consideration that is classified as equity is not re-measured at subsequent \nreporting dates and subsequent its settlement is accounted for \nwithin equity. Goodwill is initially measured at cost, being the excess of the aggregate of the consideration transferred and the amount \nrecognized for non-controlling interests, and any previous in -\nterest held, over the net identifiable assets acquired and liabil -\nities assumed. If the fair value of the net assets acquired is in \nexcess of the aggregate consideration transferred, the Group re-assesses whether it has correctly identified all of the assets \nacquired and all of the liabilities assumed and reviews the pro -\ncedures used to measure the amounts to be recognized at the acquisition date. If the reassessment still results in an excess of \nthe fair value of net assets acquired over the aggregate con -\nsideration transferred, then the gain is recognized in OCI and accumulated in equity as capital reserve. However, if there is \nno clear evidence of bargain purchase, the entity recognizes \nthe gain directly in equity as capital reserve, without routing \nthe same through OCI.\nAfter initial recognition, goodwill is measured at cost less any", "start_char_idx": 0, "end_char_idx": 4090, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "69e236ea-267e-4bc9-88db-83f8726b319e": {"__data__": {"id_": "69e236ea-267e-4bc9-88db-83f8726b319e", "embedding": null, "metadata": {"page_label": "173", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "287ca2da-17ad-47d7-949d-e7d880ec3f83", "node_type": null, "metadata": {"page_label": "173", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "89eaeed40c26121966960ee3a3528e5d09a3c7b64a466f237358a94ebc907a33"}, "2": {"node_id": "6c5cf8e1-80b8-4314-97c0-47e64e60ec8a", "node_type": null, "metadata": {"page_label": "173", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a0491aea568fa6c44c9bb9aef1530499628b7ba80a6a2ad0fda7112bb5878bd2"}}, "hash": "5e1dd29f8ee09cb3d1fb5acc367b00754aecf633801437da6b2023d69ed6aad8", "text": "same through OCI.\nAfter initial recognition, goodwill is measured at cost less any \naccumulated impairment losses. For the purpose of impair -\nment testing, goodwill acquired in a business combination is, from the acquisition date, allocated to each of the Group\u2019s \ncash-generating units that are expected to benefit from the \ncombination, irrespective of whether other assets or liabilities of the acquiree are assigned to those units. \nA cash generating unit to which goodwill has been allocated is \ntested for impairment annually, or more frequently when there \nis an indication that the unit may be impaired. If the recover -\nable amount of the cash generating unit is less than its car -\nrying amount, the impairment loss is allocated first to reduce \nthe carrying amount of any goodwill allocated to the unit and \nthen to the other assets of the unit pro rata based on the car -\nrying amount of each asset in the unit. Any impairment loss for goodwill is recognized in profit or loss. An impairment loss \nrecognized for goodwill is not reversed in subsequent periods.\nWhere goodwill has been allocated to a cash-generating unit \nand part of the operation within that unit is disposed of, the \ngoodwill associated with the disposed operation is included in \nthe carrying amount of the operation when determining the gain or loss on disposal. Goodwill disposed in these circum -\nstances is measured based on the relative values of the dis -\nposed operation and the portion of the cash-generating unit \nretained.\nIf the initial accounting for a business combination is incom -\nplete by the end of the reporting period in which the combi -\nnation occurs, the Group reports provisional amounts for the \nitems for which the accounting is incomplete. Those provision -\nal amounts are adjusted through goodwill during the measure -\nment period, or additional assets or liabilities are recognized, to \nreflect new information obtained about facts and circumstanc -\nes that existed at the acquisition date that, if known, would have affected the amounts recognized at that date. These \nadjustments are called as measurement period adjustments. \nThe measurement period does not exceed one year from the \nacquisition date.", "start_char_idx": 4008, "end_char_idx": 6224, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "69ffecf5-4ff6-49e0-b1a6-749f334af515": {"__data__": {"id_": "69ffecf5-4ff6-49e0-b1a6-749f334af515", "embedding": null, "metadata": {"page_label": "174", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "fe024188-e428-4c77-8056-b33f2f29e477", "node_type": null, "metadata": {"page_label": "174", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f8b9d392cab41b18fc7b7e525ce3c952a11215c122df701b4bb05b48ebd36a16"}, "3": {"node_id": "e4b89bb2-ac11-4872-a763-14dec2ba1781", "node_type": null, "metadata": {"page_label": "174", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "af5c67f48c826967c986c0e52301ac2aabdd401a8e4dd8605181e6eb1944b74b"}}, "hash": "92a5d57aa9c57cbc8eec2d3ca1ffa461514fd219f4b795cd29becffb62181179", "text": "173\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nb. Investment in joint ventures\nA joint venture is a type of joint arrangement whereby the \nparties that have joint control of the arrangement have \nrights to the net assets of the joint venture. Joint control is \nthe contractually agreed sharing of control of an arrange -\nment, which exists only when decisions about the relevant \nactivities require unanimous consent of the parties sharing \ncontrol.\nThe considerations made in determining joint control are \nsimilar to those necessary to determine control over the \nsubsidiaries.\nThe Group\u2019s investments in its joint venture are accounted \nfor using the equity method. Under the equity method, the \ninvestment in joint venture is initially recognized at cost. \nThe carrying amount of the investment is adjusted to rec -\nognize changes in the Group\u2019s share of net assets of the \njoint venture since the acquisition date. Goodwill relating \nto the joint venture is included in the carrying amount of \nthe investment and is not tested for impairment individu -\nally.\nThe Consolidated Statement of Profit and Loss reflects the \nGroup\u2019s share of the results of operations of the joint ven -\nture. Any change in OCI of those investees is presented as \npart of the Group\u2019s OCI. In addition, when there has been \na change recognized directly in the equity joint venture, the \nGroup recognizes its share of any changes, when applica -\nble, in the Consolidated Statement of Changes in Equity. \nUnrealized gains and losses resulting from transactions be -\ntween the Group and the joint venture are eliminated to \nthe extent of the interest in joint venture.\nIf an entity\u2019s share of losses of a joint venture equals or ex -\nceeds its interest in joint venture (which includes any long \nterm interest that, in substance, form part of the Group\u2019s \nnet investment in joint venture), the entity discontinues \nrecognizing its share of further losses. Additional losses \nare recognized only to the extent that the Group has in -\ncurred legal or constructive obligations or made payments \non behalf of joint venture. If the joint venture subsequently \nreports profits, the entity resumes recognizing its share of \nthose profits only after its share of the profits equals the \nshare of losses not recognized.\nThe aggregate of the Group\u2019s share of profit or loss of a \njoint venture is shown on the face of the Consolidated \nStatement of Profit and Loss.\nThe Financial Statements of the joint venture are prepared \nfor the same reporting period as the Group. When neces -\nsary, adjustments are made to bring the accounting policies \nin line with those of the Group.\nAfter application of the equity method, the Group deter -\nmines whether it is necessary to recognize an impairment \nloss on its investment in its joint venture. At each reporting date, the Group determines whether there is objective ev -\nidence that the investment in the joint venture is impaired. \nIf there is such evidence, the Group calculates the amount \nof impairment as the difference between the recoverable \namount of the joint venture and its carrying value, and then \nrecognizes the loss as \u2018Share of profit of a joint venture\u2019 in \nthe Consolidated Statement of Profit and Loss.\nUpon loss of joint control over the joint venture, the Group \nmeasures and recognizes any retained investment at its fair \nvalue. Any difference between the carrying amount of the \njoint venture upon loss of joint control and the fair value \nof the retained investment and proceeds from disposal is \nrecognized in profit or loss.\nc. Foreign currency transactions\nThe Group\u2019s Consolidated Financial Statements are pre -\nsented in INR, which is also the Parent Company\u2019s func -\ntional currency. For each entity the Group determines the \nfunctional currency and items included in the Financial", "start_char_idx": 0, "end_char_idx": 3964, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e4b89bb2-ac11-4872-a763-14dec2ba1781": {"__data__": {"id_": "e4b89bb2-ac11-4872-a763-14dec2ba1781", "embedding": null, "metadata": {"page_label": "174", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "fe024188-e428-4c77-8056-b33f2f29e477", "node_type": null, "metadata": {"page_label": "174", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f8b9d392cab41b18fc7b7e525ce3c952a11215c122df701b4bb05b48ebd36a16"}, "2": {"node_id": "69ffecf5-4ff6-49e0-b1a6-749f334af515", "node_type": null, "metadata": {"page_label": "174", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "92a5d57aa9c57cbc8eec2d3ca1ffa461514fd219f4b795cd29becffb62181179"}}, "hash": "af5c67f48c826967c986c0e52301ac2aabdd401a8e4dd8605181e6eb1944b74b", "text": "For each entity the Group determines the \nfunctional currency and items included in the Financial \nStatements of each entity are measured using that function -\nal currency.\nTransactions and balances\nTransactions in foreign currencies are initially recorded by \nthe Group\u2019s entities at their respective functional curren -\ncy spot rates at the date the transaction first qualifies for \nrecognition or an average rate if the average rate approxi -\nmates the actual rate at the date of the transaction Mone -\ntary assets and liabilities denominated in foreign currencies \nare translated at the functional currency spot rates of ex -\nchange at the reporting date.\nExchange differences arising on settlement or translation \nof monetary items are recognized in profit or loss with the \nexception of the following:\n\u2022 Exchange differences arising on monetary items that \nforms part of a reporting entity\u2019s net investment in a \nforeign operation are recognized in profit or loss in the \nSeparate Financial Statements of the reporting entity \nor the individual Financial Statements of the foreign \noperation, as appropriate. In the Financial Statements \nthat include the foreign operation and the reporting \nentity such exchange differences are recognized initially \nin OCI. These exchange differences are reclassified from \nequity to profit or loss on disposal of the net investment.\n\u2022 T ax charges and credits attributable to exchange \ndifferences on those monetary items are also recorded \nin OCI.\nNon-monetary items that are measured in terms of his -\ntorical cost in a foreign currency are translated using the \nexchange rates at the dates of the initial transactions. \nNon-monetary items measured at fair value in a foreign \ncurrency are translated using the exchange rates at the date \nwhen the fair value is determined. The gain or loss arising on", "start_char_idx": 3867, "end_char_idx": 5712, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b873927d-bbd6-4959-a323-fc0e3ed52142": {"__data__": {"id_": "b873927d-bbd6-4959-a323-fc0e3ed52142", "embedding": null, "metadata": {"page_label": "175", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "87008b3a-52a4-4271-b78b-53b23e854536", "node_type": null, "metadata": {"page_label": "175", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ad7ea360ea7caecced9456c29bfb302a7fb6037a2ec0048c8a86a930af5dd001"}, "3": {"node_id": "8de4d54f-5e65-4e8f-a3dd-94909db02d13", "node_type": null, "metadata": {"page_label": "175", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c6328f082339ef5878a420bccab9fefe752b58855298eaa2bef21011fca00cbc"}}, "hash": "43f4f47ee591ed0e080e0aeb810ceb84929af1917d2de79d2f131ffa08336b8c", "text": "Sandhar Technologies Limited174\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\ntranslation of non-monetary items measured at fair value is \ntreated in line with the recognition of the gain or loss on the \nchange in fair value of the item (i.e., translation differences \non items whose fair value gain or loss is recognized in OCI or \nthe statement of profit and loss are also recognized in OCI \nor the Statement of Profit and Loss, respectively).\nGroup companies\nOn Consolidation, the assets and liabilities of foreign oper -\nations are translated into INR at the rate of exchange pre -\nvailing at the reporting date and their Statements of Profit \nor Loss are translated at exchange rates prevailing at the \ndates of the transactions. For practical reasons, the Group \nuses an average rate to translate income and expense items, \nif the average rate approximates the exchange rates at the \ndates of the transactions. The exchange differences arising \non translation for Consolidation are recognized in OCI. On \ndisposal of a foreign operation, the component of OCI re -\nlating to that particular foreign operation is recognized in \nprofit or loss.\nAny goodwill arising in the acquisition/ business combina -\ntion of a foreign operation on or after 1 April 2016 and any \nfair value adjustments to the carrying amounts of assets \nand liabilities arising on the acquisition are treated as as -\nsets and liabilities of the foreign operation and translated \nat the spot rate of exchange at the reporting date.\nForeign operations\nThe assets and liabilities of foreign operations (subsidiar -\nies) including goodwill and fair value adjustments arising on \nacquisition, are translated into INR, the functional currency \nof the Group and its joint ventures, at the exchange rates \nat the reporting date. The income and expenses of foreign \noperations are translated into INR at the exchange rates \nat the dates of the transactions or an average rate if the \naverage rate approximates the actual rate at the date of \nthe transaction.\nWhen a foreign operation is disposed of in its entirety or \npartially such that control, significant influence or joint con -\ntrol is lost, the cumulative amount of exchange differenc -\nes related to that foreign operation recognized in OCI is \nreclassified to profit or loss as part of the gain or loss on \ndisposal. If the Group disposes of part of its interest in a \nsubsidiary but retains control, then the relevant proportion \nof the cumulative amount is re-allocated to NCI. When the \nGroup disposes of only a part of its interest in an associ -\nate or a joint venture while retaining significant influence \nor joint control, the relevant proportion of the cumulative \namount is reclassified to profit or loss.\nd. Property, plant and equipment (\u2018PPE\u2019)\n(i) Recognition and Measurement\nItems of property, plant and equipment are measured at cost, which includes capitalized borrowing costs, less accu -\nmulated depreciation and accumulated impairment losses, \nif any.\nCost of an item of property, plant and equipment includes \nits purchase price, import duties and non-refundable pur -\nchase taxes, duties or levies, after deducting trade dis -\ncounts and rebates, any other directly attributable cost of \nbringing the asset to its working condition for its intended \nuse the cost of replacing part of the plant and equipment \nand borrowing costs for long \u2013 term construction projects \nif the recognition criteria are met and estimated cost of \ndismantling and removing the items and restoring the site \non which it is located. The present value of the expected \ncost for the decommissioning of an asset after its use is \nincluded in the cost of the respective asset if the recogni -\ntion criteria for a provision are met. Refer to note 2.2 (iv) \nregarding significant accounting judgements, estimates and \nassumptions.\nThe cost of a self-constructed item of property, plant and \nequipment comprises the cost of materials and direct labor,", "start_char_idx": 0, "end_char_idx": 4082, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "8de4d54f-5e65-4e8f-a3dd-94909db02d13": {"__data__": {"id_": "8de4d54f-5e65-4e8f-a3dd-94909db02d13", "embedding": null, "metadata": {"page_label": "175", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "87008b3a-52a4-4271-b78b-53b23e854536", "node_type": null, "metadata": {"page_label": "175", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ad7ea360ea7caecced9456c29bfb302a7fb6037a2ec0048c8a86a930af5dd001"}, "2": {"node_id": "b873927d-bbd6-4959-a323-fc0e3ed52142", "node_type": null, "metadata": {"page_label": "175", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "43f4f47ee591ed0e080e0aeb810ceb84929af1917d2de79d2f131ffa08336b8c"}}, "hash": "c6328f082339ef5878a420bccab9fefe752b58855298eaa2bef21011fca00cbc", "text": "of property, plant and \nequipment comprises the cost of materials and direct labor, \nany other costs directly attributable to bringing the item to \nworking condition for its intended use, and estimated costs \nof dismantling and removing the item and restoring the site \non which it is located.\nAn item of property, plant and equipment and any signif -\nicant part initially recognized is de-recognized upon dis -\nposal or when no future economic benefits are expected \nfrom its use or disposal. Any gain or loss arising on de-rec -\nognition of the asset (calculated as the difference between \nthe net disposal proceeds and the carrying amount of the \nasset) is included in the Statement of Profit and Loss when \nthe asset is derecognized.\nIf significant parts of an item of property, plant and equip -\nment have different useful lives, then they are accounted \nfor as separate items (major components) of property, plant \nand equipment.\nA property, plant and equipment is eliminated from the \nConsolidated Financial Statements on disposal or when \nno further benefit is expected from its use and disposal. \nAssets retired from active use and held for disposal are \ngenerally stated at the lower of their net book value and \nnet realizable value. Any gain or losses arising disposal of \nproperty, plant and equipment is recognized in the State -\nment of Profit and Loss.\nOnce classified as held-for-sale, intangible assets, property, \nplant and equipment are no longer amortized or depreci -\nated.\nGains or losses arising from de-recognition of PPE are mea -\nsured as the difference between the net disposal proceeds \nand the carrying amount of the asset and are recognized \nin the Consolidated Statement of Profit and Loss when the", "start_char_idx": 3999, "end_char_idx": 5729, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f8071ecc-827e-467a-bafe-350a4707692d": {"__data__": {"id_": "f8071ecc-827e-467a-bafe-350a4707692d", "embedding": null, "metadata": {"page_label": "176", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "f6fb5fcb-272a-428d-846c-db28c7565281", "node_type": null, "metadata": {"page_label": "176", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "192790ccdc7ca0bd1ce9d959a31ff823df07c7e9016b5187d672fd2dfdf389ef"}, "3": {"node_id": "f72b7d4f-45b8-418e-9d59-04a2fc4481fb", "node_type": null, "metadata": {"page_label": "176", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "655a47018cf58e19d27e6b6278a0744ee1f72f6e0171fb9ce27e12992e44b66e"}}, "hash": "a6fe7450825d462e1e4e6db58ea2808e023e760c71dfa22cb1b0c6005d8a7b2e", "text": "175\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nasset is derecognized. The residual values, useful lives and \nmethods of depreciation of property, plant and equipment \nare reviewed at each financial year end and adjusted pro -\nspectively, if appropriate.\n(ii) Subsequ ent expenditure\nSubsequent expenditure is capitalized only if it is probable \nthat the future economic benefits associated with the ex -\npenditure will flow to the Group.\n(iv) Depreciation\nDepreciation on PPE is calculated on a straight-line basis to allocate their cost, net of their estimated residual values, \nover the estimated useful lives and is recognized in the Con -\nsolidated Statement of Profit and Loss. The identified com -\nponents are depreciated over their useful life, the remaining \nasset is depreciated over the life of the principal asset. As -\nsets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives unless it is \nreasonably certain that the Group will obtain ownership by \nthe end of the lease term. Freehold land is not depreciated.\nLeasehold land is amortized on a straight line basis over \nthe period of the lease which ranges between 89-99 years.\nThe Group has used the following rates to provide depreci -\nation which coincides with the rates indicated in Schedule \nII of the Act, on its PPE, except for temporary erection, \nComputers (Servers and networks) and Non \u2013 commercial vehicles.\nAsset categoryUseful lives estimated by the management (years)\nFactory Buildings 30 years\nOther Buildings 60 years\nCarpeted RCC Roads 10 years\nTube wells 5 years\nPlant and Machinery 7.5 - 20 years\nElectrical Installations 10 - 25 years\nOffice Equipment 5 years\nRacks and Bins 10 years\nFurniture & Fixtures 10 - 20 years\nCommercial Vehicles 8 years\nT ools, Moulds and Dies 5 - 6 years\nThe management has estimated, supported by independent \nassessment by technical experts, professionals, the useful \nlives of the following classes of assets:\n\u2022 The useful lives of temporary erection is estimated 1year, which is lower than those indicated in Schedule II\n\u2022 Computers (Servers and networks) are depreciated over \nthe estimated useful lives of 3 - 4 years, which is lower than those indicated in Schedule II.\n\u2022 Non Commercial Vehicles are depreciated over the \nestimated useful lives of 6 years, which is lower than those indicated in Schedule II.\nDepreciation methods, useful lives and residual values are \nreviewed at each financial year end and adjusted, if appro -\npriate. Based on technical evaluation and consequent ad -\nvice, the management believes that its estimates of useful \nlives as given above best represent the period over which \nmanagement expects to use these assets.\nIn case of Sandhar T echnologies Barcelona S.L., the costs of \nacquisition of equipment, systems or installations for the \nelimination, reduction or control of the possible environ -\nment impacts of the business are capitalized.\nDepreciation on additions (disposals) is provided on a \npro-rata basis i.e. from (upto) the date on which asset is \nready for use (disposed of).\ne. Goodwill an d other intangible assets\n(i) Recognition and Measurement\nIntangible assets acquired separately are measured \non initial recognition at cost. The cost of an item of \nintangible asset comprises its purchase price, including \nimport duties and other non-refundable taxes or levies \nand any attributable costs of bringing the asset to \nits working condition for its intended use. Any trade \ndiscount and rebates are deducted in arriving at the \npurchase price. Following initial recognition, intangible \nassets are carried at cost less any accumulated \namortization and accumulated impairment losses.\nInternally", "start_char_idx": 0, "end_char_idx": 3854, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f72b7d4f-45b8-418e-9d59-04a2fc4481fb": {"__data__": {"id_": "f72b7d4f-45b8-418e-9d59-04a2fc4481fb", "embedding": null, "metadata": {"page_label": "176", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "f6fb5fcb-272a-428d-846c-db28c7565281", "node_type": null, "metadata": {"page_label": "176", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "192790ccdc7ca0bd1ce9d959a31ff823df07c7e9016b5187d672fd2dfdf389ef"}, "2": {"node_id": "f8071ecc-827e-467a-bafe-350a4707692d", "node_type": null, "metadata": {"page_label": "176", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a6fe7450825d462e1e4e6db58ea2808e023e760c71dfa22cb1b0c6005d8a7b2e"}}, "hash": "655a47018cf58e19d27e6b6278a0744ee1f72f6e0171fb9ce27e12992e44b66e", "text": "accumulated \namortization and accumulated impairment losses.\nInternally generated intangibles, excluding capitalized \ndevelopment costs, are not capitalized and the related \nexpenditure is reflected in the Consolidated Statement \nof Profit or Loss in the period in which the expenditure \nis incurred.\nAn intangible asset is derecognized on disposal or when \nno future economic benefits are expected from its use and disposal. Losses arising from retirement and gains \nor losses arising from disposal of an intangible asset are \nmeasured as the difference between the net disposal \nproceeds and the carrying amount of the asset and are \nrecognized in the Consolidated Statement of Profit and \nLoss.\n(ii) Subsequent e xpenditure\nSubsequent expenditure is capitalized only when it\nincreases the future economic benefits embodied in the \nspecific asset to which it relates. All other expenditure is \nrecognized in profit or loss as incurred.", "start_char_idx": 3783, "end_char_idx": 4720, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "25f2186b-1f46-4962-8b02-b12d1697f45d": {"__data__": {"id_": "25f2186b-1f46-4962-8b02-b12d1697f45d", "embedding": null, "metadata": {"page_label": "177", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "124d394d-7e3a-4211-882a-f85daa34886d", "node_type": null, "metadata": {"page_label": "177", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7b1c3203769d1e528f2f8431c2e26a8867a37ca76a86c5f6cbd7420774aeb9c9"}, "3": {"node_id": "e309ef65-76f3-4bb0-ade8-3f5af4421c3e", "node_type": null, "metadata": {"page_label": "177", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9c1852de84f54553d1dca80179e69b1ee1ae93dbd07790e39d55fc1a82763f56"}}, "hash": "6ee9abd597c19b38b79e8ff4367f0299a24fee0c03a55c141cf6760874b433e5", "text": "Sandhar Technologies Limited176\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n(iii)  Amortization\nThe useful lives of intangible assets are assessed as \neither finite or indefinite\nIntangible assets with finite lives are amortized over \nthe useful economic life and assessed for impairment \nwhenever there is an indication that the intangible \nasset may be impaired. The amortization period and the \namortization method for an intangible asset with a finite \nuseful life are reviewed at the end of each reporting \nperiod. Changes in the expected useful life or the expected pattern of consumption of future economic \nbenefits embodied in the asset are considered to modify \nthe amortization period or method, as appropriate, and \nare treated as changes in accounting estimates. The \namortization expense on intangible assets is recognized \nin the Consolidated Statement of Profit and Loss unless \nsuch expenditure forms part of carrying value of another \nasset. Intangible assets with indefinite useful lives are \nnot amortized, but are tested for impairment annually, \neither individually or at the cash generating unit level. \nThe assessment of indefinite life is reviewed annually \nto determine whether the indefinite life continues to \nbe supportable. If not, the change in useful life from \nindefinite to finite is made prospective basis.\n- T echnical knowhow \nAmounts paid towards technical know-how fees \nfor specifically identified projects/products being \ndevelopment expenditure incurred towards product \ndesign is carried forward based on assessment \nof benefits arising from such expenditure. Such \nexpenditure is amortized over the period of \nexpected future sales from the related product, i.e. \nthe estimated period of 60 to 72 months on straight \nline basis based on past trends, commencing from \nthe month of commencement of commercial \nproduction.\n- Software\nSoftware purchased by the Group are amortized on \na straight line basis i.e. non-standard (customized) \nsoftware in four years and standard (non-\ncustomized) software in five years.\n- Goodwill\nGoodwill is not amortized but is tested for impairment annually. \nGains or losses arising from derecognition of an \nintangible asset are measured as the difference between \nthe net disposal proceeds and the carrying amount of the \nasset and are recognized in the Consolidated Statement \nof Profit and Loss when the asset is derecognized.\nAmortization method, useful lives and residual lives are \nreviewed at the end of each financial year and adjusted, \nif appropriatef. L eases\nCompany as a lessee the Company applies a single recog -\nnition and measurement approach for all leases, except for short-term leases.\nThe Company recognizes lease liabilities to make lease pay -\nments and right-of-use assets representing the right to use \nthe underlying assets.\ni) Right-of-use assets\nThe Company recognises right-of-use assets at the \ncommencement date of the lease (i.e., the date the \nunderlying asset is available for use). Right-of-use \nassets are measured at cost, less any accumulated \ndepreciation and impairment losses, and adjusted for \nany re-measurement of lease liabilities. The cost of right-\nof-use assets includes the amount of lease liabilities \nrecognised, initial direct costs incurred, lease payments \nmade at or before the commencement date, an estimate \nof costs to dismantle and remove the underlying asset \nor to restore the underlying asset or the site on which \nit is located less any lease incentives received. Right-of-\nuse assets are depreciated on a straight-line basis from \nthe commencement date over the shorter of the lease \nterm and the estimated useful lives of the assets.\nIf ownership of the leased asset transfers to the \nCompany at the end of the lease term or the cost \nreflects the exercise of a purchase", "start_char_idx": 0, "end_char_idx": 3928, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e309ef65-76f3-4bb0-ade8-3f5af4421c3e": {"__data__": {"id_": "e309ef65-76f3-4bb0-ade8-3f5af4421c3e", "embedding": null, "metadata": {"page_label": "177", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "124d394d-7e3a-4211-882a-f85daa34886d", "node_type": null, "metadata": {"page_label": "177", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7b1c3203769d1e528f2f8431c2e26a8867a37ca76a86c5f6cbd7420774aeb9c9"}, "2": {"node_id": "25f2186b-1f46-4962-8b02-b12d1697f45d", "node_type": null, "metadata": {"page_label": "177", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6ee9abd597c19b38b79e8ff4367f0299a24fee0c03a55c141cf6760874b433e5"}}, "hash": "9c1852de84f54553d1dca80179e69b1ee1ae93dbd07790e39d55fc1a82763f56", "text": "at the end of the lease term or the cost \nreflects the exercise of a purchase option, depreciation \nis calculated using the estimated useful life of the asset.\nThe right-of-use assets are also subject to impairment. \nRefer note-d for Impairment of non- financial assets.\nii) L ease liabilities\nAt the commencement date of the lease, the Company \nrecognises lease liabilities measured at the present \nvalue of lease payments to be made over the lease term. \nThe lease payments include fixed payments (including \nin-substance fixed payments) less any lease incentives \nreceivable, variable lease payments that depend on \nan index or a rate, and amounts expected to be paid \nunder residual value guarantees. The lease payments \nalso include the exercise price of a purchase option \nreasonably certain to be exercised by the Company and \npayments of penalties for terminating the lease, if the \nlease term reflects the Company exercising the option \nto terminate. Variable lease payments that do not \ndepend on an index or a rate are recognised as expenses \n(unless they are incurred to produce inventories) in the \nperiod in which the event or condition that triggers the \npayment occurs.\nIn calculating the present value of lease payments, the \nCompany uses its incremental borrowing rate at the \nlease commencement date because the interest rate \nimplicit in the lease is not readily determinable. After \nthe commencement date, the amount of lease liabilities", "start_char_idx": 3851, "end_char_idx": 5309, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ed7a899f-973c-4fb6-b1e2-2c8352d01cf5": {"__data__": {"id_": "ed7a899f-973c-4fb6-b1e2-2c8352d01cf5", "embedding": null, "metadata": {"page_label": "178", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "7b6c9f65-9a05-4eeb-baf2-86a545a58634", "node_type": null, "metadata": {"page_label": "178", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5fe88581c7bb309258dd1206c2a367ed9773a59f8aa164d7e9191926dd01d442"}, "3": {"node_id": "0a3fc180-0e50-4994-a7b1-9b43b3dc74d6", "node_type": null, "metadata": {"page_label": "178", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "632cef8d9e0ae51096764f0652862e099b6fc21acda02e8d090c4f57983a54f5"}}, "hash": "e56622c50fa81b21ad891e95ed4db7e07e2f030c01a7fd53a5094a48ff4ea354", "text": "177\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nis increased to reflect the accretion of interest and \nreduced for the lease payments made. In addition, the \ncarrying amount of lease liabilities is re-measured if \nthere is a modification, a change in the lease term, a \nchange in the lease payments (e.g., changes to future \npayments resulting from a change in an index or rate \nused to determine such lease payments) or a change in \nthe assessment of an option to purchase the underlying \nasset. Lease liabilities and Right-of-use assets have been \npresented as a separate line in the balance sheet. Lease \npayments have been classified as cash used in financing \nactivities.\niii) L ease payments\nPayments made under operating leases are generally recognized in the Standalone Statement of Profit and \nLoss on a straight line basis over the term of the lease \nunless such payments are structured to increase in \nline with expected general inflation to compensate for \nthe lessor\u2019s expected inflationary cost increase. Lease \nincentive received are recognized as an integral part of \nthe total lease expense over the term of the lease.\nPayments made under finance lease are allocated \nbetween the outstanding liability and finance cost. The \nfinance cost is charged to the statement of profit and \nloss over the lease period so as to produce a constant \nperiodic rate of interest on the remaining balance of the \nliability for each period.\ng. Borrowing C osts\nBorrowing cost includes interest, and other costs (including exchange differences relating to foreign currency borrow -\nings to the extent that they are regarded as an adjustment to interest costs), amortization of ancillary costs incurred \nin connection with the arrangement of borrowings and ex -\nchange differences arising from foreign currency borrow -\nings to the extent they are regarded as an adjustment to the \ninterest cost.\nBorrowing costs directly attributable to the acquisition, con -\nstruction or production of an asset that necessarily takes a \nsubstantial period of time to get ready for its intended use \nor sale are capitalized as part of the cost of the respective \nasset. All other borrowing costs are expensed in the period \nthey are incurred.\nh. Impair ment of non-financial assets\nThe Group assesses, at each reporting date, whether there \nis an indication that an asset may be impaired. If any indica -\ntion exists, or when annual impairment testing for an asset is required, the Group estimates the asset\u2019s recoverable \namount. \nFor impairment testing, assets that do not generate inde -\npendent cash inflows are grouped together into cash-gen -\nerating units (CGUs). Each CGU represents the smallest \nGroup of assets that generates cash inflows that are largely independent of the cash inflows of other assets or CGUs.\nAn asset\u2019s recoverable amount is the higher of an individual \nasset\u2019s or cash-generating unit\u2019s (CGU) fair value less costs \nof disposal and its value in use. Recoverable amount is de -\ntermined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those \nfrom other assets or group of assets. When the carrying \namount of an asset or CGU exceeds its recoverable amount, \nthe asset is considered impaired and is written down to its \nrecoverable amount.\nIn assessing value in use, the estimated future cash flows \nare discounted to their present value using a pre-tax dis -\ncount rate that reflects current market assessments of the \ntime value of money and the risks specific to the asset. In \ndetermining fair value less costs of disposal, recent market \ntransactions are taken into account. If no such transactions \ncan be identified, an appropriate valuation model is used. \nThese calculations are corroborated by valuation multiples, \nquoted share prices for publicly", "start_char_idx": 0, "end_char_idx": 3965, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0a3fc180-0e50-4994-a7b1-9b43b3dc74d6": {"__data__": {"id_": "0a3fc180-0e50-4994-a7b1-9b43b3dc74d6", "embedding": null, "metadata": {"page_label": "178", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "7b6c9f65-9a05-4eeb-baf2-86a545a58634", "node_type": null, "metadata": {"page_label": "178", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5fe88581c7bb309258dd1206c2a367ed9773a59f8aa164d7e9191926dd01d442"}, "2": {"node_id": "ed7a899f-973c-4fb6-b1e2-2c8352d01cf5", "node_type": null, "metadata": {"page_label": "178", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e56622c50fa81b21ad891e95ed4db7e07e2f030c01a7fd53a5094a48ff4ea354"}}, "hash": "632cef8d9e0ae51096764f0652862e099b6fc21acda02e8d090c4f57983a54f5", "text": "are corroborated by valuation multiples, \nquoted share prices for publicly traded companies or other \navailable fair value indicators.\nAfter impairment, depreciation is provided on the revised \ncarrying amount of the asset over its remaining useful life.\nThe Group bases its impairment calculation on detailed \nbudgets and forecast calculations, which are prepared \nseparately for each of the Group\u2019s CGUs to which the indi -\nvidual assets are allocated. These budgets and forecast cal -\nculations generally cover a period of five years. For longer \nperiods, a long-term growth rate is calculated and applied to project future cash flows after the fifth year. T o estimate \ncash flow projections beyond periods covered by the most \nrecent budgets/forecasts, the Group extrapolates cash flow \nprojections in the budget using a steady or declining growth \nrate for subsequent years, unless an increasing rate can be \njustified. In any case, this growth rate does not exceed the \nlong-term average growth rate for the products, industries, \nor country or countries in which the entity operates, or for \nthe market in which the asset is used.\nThe Groups\u2019s corporate assets do not generate indepen -\ndent cash inflows. T o determine impairment of a corporate \nasset, recoverable amount is determined for the CGUs to \nwhich the corporate asset belongs.\nAn impairment loss is recognized if the carrying amount of \nan asset or CGU exceeds its estimated recoverable amount. Impairment losses, if any, are recognized in the Consoli -\ndated Statement of Profit and Loss. Impairment losses of continuing operations, including impairment on inventories, \nare recognized in the Consolidated Statement of Profit and \nLoss, except for properties previously revalued with the \nrevaluation surplus taken to OCI. For such properties, the \nimpairment is recognized in OCI up to the amount of any \nprevious revaluation surplus.", "start_char_idx": 3891, "end_char_idx": 5797, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a6200705-2fc5-4132-9cbc-000e2608ca1a": {"__data__": {"id_": "a6200705-2fc5-4132-9cbc-000e2608ca1a", "embedding": null, "metadata": {"page_label": "179", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "5b23fba8-044b-4e55-8d84-b5a800f35be4", "node_type": null, "metadata": {"page_label": "179", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7088e77492b19c8e38a536b17be6f06f32e46d73748b045fc0869b9f9492c0b0"}, "3": {"node_id": "6f9fee97-9bbc-4cf4-bfbc-56261f4fc7b3", "node_type": null, "metadata": {"page_label": "179", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c291c3a77ab58fcb2c6fd6ba8ef664931acf55b157d5fe082dfbf3cd7ba2d1ab"}}, "hash": "5a33c20dd1276e8148207c33bac3b2a2bfbce802249af8ad8791b1cad26c9af2", "text": "Sandhar Technologies Limited178\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nIn regard to assets for which impairment loss has been \nrecognized in prior period, the Group reviews at each re -\nporting date whether there is any indication that the loss has decreased or no longer exists. An impairment loss is \nreversed if there has been a change in the estimates used \nto determine the recoverable amount. Such a reversal is \nmade only to the extent that the asset\u2019s carrying amount \ndoes not exceed the carrying amount that would have \nbeen determined, net of depreciation or amortization, if no \nimpairment loss had been recognized.\nAn assessment is made at each reporting date to deter -\nmine whether there is an indication that previously recog -\nnized impairment losses no longer exist or have decreased. \nIf such indication exists, the Group estimates the asset\u2019s \nor CGU\u2019s recoverable amount. A previously recognized im -\npairment loss is reversed only if there has been a change in the assumptions used to determine the asset\u2019s recoverable amount since the last impairment loss was recognized. The \nreversal is limited so that the carrying amount of the asset \ndoes not exceed its recoverable amount, nor exceed the \ncarrying amount that would have been determined, net of \ndepreciation, had no impairment loss been recognized for \nthe asset in prior years. Such reversal is recognized in the \nConsolidated Statement of Profit and Loss unless the asset \nis carried at a revalued amount, in which case, the reversal \nis treated as a revaluation increase.\nGoodwill is tested for impairment annually at the CGU level, \nas appropriate, and when circumstances indicate that the \ncarrying value may be impaired.\ni. Go vernment grant\nGovernment grants are recognized where there is rea -\nsonable assurance that the grant will be received and all \nattached conditions will be complied with. When the grant \nrelates to an expense item, it is recognized as other operat -\ning revenue on a systematic basis over the periods that the related costs, for which it is intended to compensate, are ex -\npensed. When the grant relates to an asset, it is recognized as income in equal amounts over the expected useful life of \nthe related asset.\nWhen the Group receives grants of non-monetary assets, \nthe asset and the grant are recorded at fair value amounts \nand released to profit or loss over the expected useful life \nin a pattern of consumption of the benefit of the underlying \nasset i.e. by equal annual instalments.\nj. In ventories\nInventories which includes raw materials, components, \nstores, work in progress, finished goods and spares are val -\nued at the lower of cost and net realizable value. However, raw materials, components and other items held for use in \nthe production of inventories are not written down below \ncost if the finished products in which they will be incorpo -\nrated are expected to be sold at or above cost or in cases where material prices have declined and it is estimated that the cost of the finished products will exceed their net real -\nizable value. \nCosts incurred in bringing each product to its present loca -\ntion and condition are accounted for as follows:\n\u2022 Ra w materials and components: Cost includes cost \nof purchase and other costs incurred in bringing the \ninventories to their present location and condition.\nCompanies in the Group, adopt First-in-first-out (FIFO) \nmethod for valuing raw materials, components, stores \nand spares (RM & Stores).\n\u2022 Finished goods and work in progress: Cost includes \ncost of direct materials and labour and a proportion of \nmanufacturing overheads based on the normal operating \ncapacity. Cost of work-in-progress (WIP) and finished \ngoods (FG) is based on FIFO", "start_char_idx": 0, "end_char_idx": 3856, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6f9fee97-9bbc-4cf4-bfbc-56261f4fc7b3": {"__data__": {"id_": "6f9fee97-9bbc-4cf4-bfbc-56261f4fc7b3", "embedding": null, "metadata": {"page_label": "179", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "5b23fba8-044b-4e55-8d84-b5a800f35be4", "node_type": null, "metadata": {"page_label": "179", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7088e77492b19c8e38a536b17be6f06f32e46d73748b045fc0869b9f9492c0b0"}, "2": {"node_id": "a6200705-2fc5-4132-9cbc-000e2608ca1a", "node_type": null, "metadata": {"page_label": "179", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5a33c20dd1276e8148207c33bac3b2a2bfbce802249af8ad8791b1cad26c9af2"}}, "hash": "c291c3a77ab58fcb2c6fd6ba8ef664931acf55b157d5fe082dfbf3cd7ba2d1ab", "text": "(WIP) and finished \ngoods (FG) is based on FIFO method.\nNet realizable value is the estimated selling price in the ordi -\nnary course of business, less estimated costs of completion and the estimated costs necessary to make the sale. The net \nrealizable value of work-in-progress is determined with ref -\nerence to the selling prices of related finished products.\nThe comparison of cost and net realizable value is made on \nan item-by-item basis.\nk. Revenue\nRevenue is recognized to the extent that it is probable that the economic benefits will flow to the Group and the reve -\nnue can be reliably measured, regardless of when the pay -\nment is being made. Revenue is measured at the fair value \nof the consideration received or receivable, taking into ac -\ncount contractually defined terms of payment and excluding taxes or duties collected on behalf of the government. \nHowever, Goods and Services T ax (GST) is not received by \nthe Group on its own account. Rather, it is tax collected on \nvalue added to the commodity by the seller on behalf of the \ngovernment. Accordingly, it is excluded from revenue.\nThe specific recognition criteria described below must also \nbe met before revenue is recognized.\nSale of goods\nThe Group recognized revenue when (or as) a performance \nobligation was satisfied, i.e. when \u2018control\u2019 of the goods un -\nderlying the particular performance obligation were trans -\nferred to the customer.\nFurther, revenue from sale of goods is recognized based on \na 5-Step Methodology which is as follows:\nStep 1 : Identify the contract(s) with a customer\nStep 2 : Identify the performance obligation in contract", "start_char_idx": 3809, "end_char_idx": 5444, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "18d5b0d8-b88e-441c-8716-ba1123e574fe": {"__data__": {"id_": "18d5b0d8-b88e-441c-8716-ba1123e574fe", "embedding": null, "metadata": {"page_label": "180", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "96e4db15-835b-4890-8f9d-5ac5b26519c4", "node_type": null, "metadata": {"page_label": "180", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2404e1ab0a861f718f435d570034c3d35e90a35952ed7ce51d5bb953a1a4d156"}, "3": {"node_id": "8a23a2e7-1175-4b4f-a1c2-d7bf10ecbd77", "node_type": null, "metadata": {"page_label": "180", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "0b97249295742294bd98b2d66aabb50b5403daba00fd4a1623f541f2ba807b87"}}, "hash": "94dee87d6181d7f301fa19a7078da64acfc5b7bce009efdd0a6f087cdd9d7fa7", "text": "179\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nStep 3 : Determine the transaction price\nStep 4: Allocate the transaction price to the performance \nobligations in the contract\nStep 5: Recognise revenue when (or as) the entity satisfies \na performance obligation\nRevenue is measured based on the transaction price, which \nis the consideration, adjusted for volume discounts, ser -\nvice level credits, performance bonuses, price concessions and incentives, if any, as specified in the contract with the \ncustomer. Revenue also excludes taxes collected from cus -\ntomers.\nContract assets are recognised when there is excess of rev -\nenue earned over billings on contracts. Contract assets are \nclassified as unbilled receivables (only act of invoicing is pending) when there is unconditional right to receive cash, \nand only passage of time is required, as per contractual \nterms.\nUnearned or deferred revenue is recognised when there is \nbillings in excess of revenues.\nContracts are subject to modification to account for chang -\nes in contract specification and requirements. The Group \nreviews modification to contract in conjunction with the \noriginal contract, basis which the transaction price could be \nallocated to a new performance obligation, or transaction \nprice of an existing obligation could undergo a change. In \nthe event transaction price is revised for existing obliga -\ntion, a cumulative adjustment is accounted for.\nUse of significant judgements in revenue recognition:\na) The Group\u2019s contracts with customers could include \npromises to transfer products to a customer. The \nGroup assesses the products promised in a contract \nand identifies distinct performance obligations in the \ncontract. Identification of distinct performance obligation \ninvolves judgement to determine the deliverables and \nthe ability of the customer to benefit independently from \nsuch deliverables.\nb) Judgem ent is also required to determine the transaction \nprice for the contract. The transaction price could be \neither a fixed amount of customer consideration or \nvariable consideration with elements such as volume \ndiscounts, service level credits, performance bonuses, \nprice concessions and incentives. The transaction \nprice is also adjusted for the effects of the time value \nof money if the contract includes a significant financing \ncomponent. Any consideration payable to the customer \nis adjusted to the transaction price, unless it is a payment \nfor a distinct product or service from the customer. The \nestimated amount of variable consideration is adjusted in the transaction price only to the extent that it is highly \nprobable that a significant reversal in the amount of \ncumulative revenue recognised will not occur and is \nreassessed at the end of each reporting period. The Group allocates the elements of variable considerations \nto all the performance obligations of the contract unless \nthere is observable evidence that they pertain to one or \nmore distinct performance obligations.\nc) The Group uses judgement to determine an appropriate \nstandalone selling price for a performance obligation. \nThe Group allocates the transaction price to each \nperformance obligation on the basis of the relative \nstandalone selling price of each distinct product or \nservice promised in the contract.\nd) The Group exercises judgement in determining whether \nthe performance obligation is satisfied at a point in time \nor over a period of time. The Group considers indicators \nsuch as how customer consumes benefits as services \nare rendered or who controls the asset as it is being \ncreated or existence of enforceable right to payment for \nperformance to date and alternate use of such product \nor service, transfer of significant risks and rewards to the \ncustomer, acceptance of delivery by the customer, etc.\nRendering of services\nRevenue from services rendered is recognized in profit or \nloss in proportion to the stage of completion of the trans -\naction at the reporting date. The stage of completion is as -\nsessed by reference to surveys of work performed.\nJob work and development", "start_char_idx": 0, "end_char_idx": 4240, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "8a23a2e7-1175-4b4f-a1c2-d7bf10ecbd77": {"__data__": {"id_": "8a23a2e7-1175-4b4f-a1c2-d7bf10ecbd77", "embedding": null, "metadata": {"page_label": "180", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "96e4db15-835b-4890-8f9d-5ac5b26519c4", "node_type": null, "metadata": {"page_label": "180", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2404e1ab0a861f718f435d570034c3d35e90a35952ed7ce51d5bb953a1a4d156"}, "2": {"node_id": "18d5b0d8-b88e-441c-8716-ba1123e574fe", "node_type": null, "metadata": {"page_label": "180", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "94dee87d6181d7f301fa19a7078da64acfc5b7bce009efdd0a6f087cdd9d7fa7"}}, "hash": "0b97249295742294bd98b2d66aabb50b5403daba00fd4a1623f541f2ba807b87", "text": "-\nsessed by reference to surveys of work performed.\nJob work and development charges are recognized upon \nfull completion of the job work and development services \nand when all the significant risks and rewards of ownership of the goods have been passed to the buyer, on delivery \nof the goods and no significant uncertainty exists regarding \nthe collection of the consideration.\nInterest income\nFor all debt instruments measured either at amortized cost \nor at fair value through other comprehensive income, in -\nterest income is recorded using the effective interest rate \n(EIR). EIR is the rate that exactly discounts the estimated fu -\nture cash payments or receipts over the expected life of the financial instrument or a shorter period, where appropriate, \nto the gross carrying amount of the financial asset or to the \namortized cost of a financial liability. When calculating the \neffective interest rate, the Group estimates the expected \ncash flows by considering all the contractual terms of the \nfinancial instrument (for example, prepayment, extension, \ncall and similar options) but does not consider the expected \ncredit losses. Interest income is included in the Consolidat -\ned Statement of Profit and Loss.", "start_char_idx": 4164, "end_char_idx": 5388, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6db42add-9316-4ba3-9890-475bb3aeed83": {"__data__": {"id_": "6db42add-9316-4ba3-9890-475bb3aeed83", "embedding": null, "metadata": {"page_label": "181", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c293b41f-eeae-4afd-a580-f6fb67438772", "node_type": null, "metadata": {"page_label": "181", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9d56c765ff3297a3ef72114a65dceaeffb5ec6676c7b0e0957b2619d8162974d"}, "3": {"node_id": "7284cfea-9c19-4fcd-9e99-f753c6087407", "node_type": null, "metadata": {"page_label": "181", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4472da80259f5d4c56a144e1477e9cd74bf2983f029ecb011c1220dbc3746b41"}}, "hash": "d4ef4e5d17554cdb1853722ce30c27b382aea6f5d13182312e1f8a34dab5e8ae", "text": "Sandhar Technologies Limited180\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nDividends\nRevenue is recognized when the Group\u2019s right to receive the \npayment is established by the reporting date.\nl. Income tax\nIncome tax expense comprises current and deferred tax. It \nis recognized in Consolidated Statement of Profit and Loss \nexcept to the extent that it relates to a business combination \nor to an item recognized directly in equity or in other com -\nprehensive income.\nCurrent tax\nCurrent tax comprises the expected tax payable or receiv -\nable on the taxable income or loss for the year and any \nadjustment to the tax payable or receivable in respect of \nprevious years. The amount of current tax reflects the best \nestimate of the tax amount expected to be paid or received \nafter considering the uncertainty, if any, related to income \ntaxes.\nCurrent income tax assets and liabilities are measured at \nthe amount expected to be recovered from or paid to the \ntaxation authorities. The tax rates and tax laws used to \ncompute the amount are those that are enacted or sub -\nstantively enacted, at the reporting date.\nCurrent income tax relating to items recognized outside \nprofit or loss is recognized outside profit or loss (either \nin other comprehensive income or in equity). Current tax \nitems are recognized in correlation to the underlying trans -\naction either in OCI or directly in equity. Management pe -\nriodically evaluates positions taken in the tax returns with \nrespect to situations in which applicable tax regulations are \nsubject to interpretation and establishes provisions where \nappropriate.\nCurrent tax assets and current tax liabilities are offset only \nif there is a legally enforceable right to set off the recog -\nnized amounts, and it is intended to realize the asset and \nsettle the liability on a net basis or simultaneously.\nDeferred tax\nDeferred tax is provided using the Balance sheet method on \ntemporary differences between the tax bases of assets and \nliabilities and their carrying amounts for financial reporting \npurposes at the reporting date.\nDeferred tax liabilities are recognized for all taxable tem -\nporary differences.\nIn the situations where the Group is entitled to a tax hol -\niday under the Income T ax Act, 1961 enacted in India or \ntax laws prevailing in the respective tax jurisdictions where \nit operates, no deferred tax asset is recognized in respect \nof timing differences which are reversed during the tax \nholiday period, to the extent the Group\u2019s gross total in -come is subject to the deduction during the tax holiday \nperiod. Deferred tax in respect of timing differences which \nreverse after the tax holiday period is recognized in the \nyear in which the timing differences originate. However, \nthe Group restricts recognition of deferred tax assets to \nthe extent that it has become reasonably certain that suffi -\ncient future taxable income will be available against which \nsuch deferred tax assets can be realized. For recognition of \ndeferred taxes, the timing differences which originate first \nare considered to reverse first.\nDeferred tax assets are recognized on carry forward of un -\nused tax credits and any unused tax losses.\nDeferred tax assets are recognized to the extent that it is \nprobable that future taxable profits will be available against \nwhich they can be used. The existence of unused tax losses \nis strong evidence that future taxable profit may not be \navailable. Therefore, in case of a history of recent losses, \nthe Group recognizes a deferred tax asset only to the ex -\ntent that it has sufficient taxable temporary differences or \nthere is convincing other evidence that sufficient taxable \nprofit will be available against which such deferred tax as -\nset can be realized. Deferred tax assets \u2013 unrecognized or \nrecognized, are reviewed at each reporting date and are \nrecognized/ reduced to the extent that it is probable/ no \nlonger probable respectively that the related tax benefit \nwill be realized.\nDeferred tax assets and liabilities are measured at", "start_char_idx": 0, "end_char_idx": 4173, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7284cfea-9c19-4fcd-9e99-f753c6087407": {"__data__": {"id_": "7284cfea-9c19-4fcd-9e99-f753c6087407", "embedding": null, "metadata": {"page_label": "181", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c293b41f-eeae-4afd-a580-f6fb67438772", "node_type": null, "metadata": {"page_label": "181", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9d56c765ff3297a3ef72114a65dceaeffb5ec6676c7b0e0957b2619d8162974d"}, "2": {"node_id": "6db42add-9316-4ba3-9890-475bb3aeed83", "node_type": null, "metadata": {"page_label": "181", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "d4ef4e5d17554cdb1853722ce30c27b382aea6f5d13182312e1f8a34dab5e8ae"}}, "hash": "4472da80259f5d4c56a144e1477e9cd74bf2983f029ecb011c1220dbc3746b41", "text": "tax benefit \nwill be realized.\nDeferred tax assets and liabilities are measured at the tax \nrates that are expected to apply in the year when the asset \nis realized or the liability is settled, based on tax rates (and \ntax laws) that have been enacted or substantively enacted \nat the reporting date.\nThe measurement of deferred tax reflects the tax conse -\nquences that would follow from the manner in which the \nGroup expects, at the reporting date, to recover or settle \nthe carrying amount of its assets and liabilities.\nDeferred tax relating to items recognized outside profit \nor loss is recognized outside profit or loss (either in other \ncomprehensive income or in equity). Deferred tax items are \nrecognized in correlation to the underlying transaction ei -\nther in OCI or directly in equity\nDeferred tax assets and deferred tax liabilities are offset if \na legally enforceable right exists to set off current tax as -\nsets against current tax liabilities and they relate to income \ntaxes levied by the same tax authority on the same taxable \nentity, or on different tax entities, but they intend to settle \ncurrent tax liabilities and assets on a net basis or their tax \nassets and liabilities will be realized simultaneously.\nDeferred income tax are not provided on the undistribut -\ned earnings of the subsidiaries where it is expected that \nthe earnings of the subsidiary will not be distributed in the \nforeseeable future.", "start_char_idx": 4091, "end_char_idx": 5527, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d9eb8d50-295f-4e84-b4f0-4eb8cbe4a27e": {"__data__": {"id_": "d9eb8d50-295f-4e84-b4f0-4eb8cbe4a27e", "embedding": null, "metadata": {"page_label": "182", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0a1300b5-83cc-43f7-802b-c34e6508f1ab", "node_type": null, "metadata": {"page_label": "182", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2094c89476969b89349ab4aefb2722d6d50b2839eda528f9c2382f95f66b7d37"}, "3": {"node_id": "a858b7e8-b51c-4ec4-b3dc-fb5b5f8bef06", "node_type": null, "metadata": {"page_label": "182", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ac7a96d4210edb7eda6206f17251d656e224674d96f6ff394f03ef2bf0c347b5"}}, "hash": "b7b2a2f278dd3bf74b55e85f69f733629545bcf5223c041bd9b132ceefbb954e", "text": "181\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nMinimum alternate tax (MAT) paid in a year is charged to \nthe Consolidated Statement of Profit and Loss as current \ntax. The Group recognizes MAT credit available as an asset \nonly to the extent that there is convincing evidence that \nthe Group will pay normal income tax during the specified \nperiod, i.e., the period for which MAT credit is allowed to \nbe carried forward. In the year in which the Group recog -\nnizes MAT credit as an asset in accordance with the Guid -\nance Note on Accounting for Credit Available in respect of \nMinimum Alternative T ax under the Income-tax Act, 1961, \nthe said asset is created by way of credit to the Consolidat -\ned Statement of Profit and Loss and shown as \u201cMAT Credit Entitlement. \u201d The Group reviews the \u201cMAT credit entitle -\nment\u201d asset at each reporting date and writes down the asset to the extent the Group does not have convincing \nevidence that it will pay normal tax during the specified \nperiod.\nm. Segm ent reporting\nBasis for segmentation\nAn operating segment is a component of the Group that en -\ngages in business activities from which it may earn revenues and incur expenses, including revenues and expenses that \nrelate to transactions with any of the Group\u2019s other compo -\nnents, and for which discrete financial information is avail -\nable. The Group is primarily engaged in the manufacturing \nand assembling of automotive components for the automo -\ntive industry. All operating segments\u2019 operating results are \nreviewed regularly by the Group\u2019s Chief Operating Decision \nMaker (\u201cCODM\u201d) to make decisions about resources to be \nallocated to the segments and assess their performance. \nCODM believes that these are governed by same set of risk \nand returns hence CODM reviews as one balance sheet \ncomponent.\nThe Group and its joint ventures are governed by the same \nset of risks and returns but subject to the geographical in -\ndustry trends and hence the Group and its joint ventures \nbusiness activities fall within a single primary business seg -\nment. The principal geographical segments are classified as India, Europe and others since there are different risks and \nreturns of the geographies.\nn. Ear nings per share (EPS)\nBasic earnings / (loss) per share are calculated by dividing the profit or loss for the year attributable to the sharehold -\ners of the Group by the weighted average number of equity shares outstanding at the end of the reporting period. The \nweighted average number of equity shares outstanding \nduring the year is adjusted for events of bonus issue, if any, \nthat have changed the number of equity shares outstanding, \nwithout a corresponding change in resources. \nFor the purpose of calculating diluted earning per share, the \nprofit or loss for the year attributable to equity sharehold -\ners and the weighted average number of shares outstanding during the period are adjusted for the effects of all dilutive \npotential equity shares.o. Pro visions (other than for employee benefits)\nGeneral\nProvisions are recognized when the Group has a present ob -\nligation (legal or constructive) as a result of a past event, it is \nprobable that an outflow of resources embodying economic \nbenefits will be required to settle the obligation and a reli -\nable estimate can be made of the amount of the obligation. When the Group expects some or all of a provision to be re -\nimbursed the expense relating to a provision is presented in the Consolidated Statement of Profit and Loss net of any re -\nimbursement. Provisions are determined by discounting the \nexpected future cash flows (representing the best estimate \nof the expenditure required to settle the present obligation \nat the balance sheet date) at a pre-tax rate that reflects cur -\nrent market assessments of the time", "start_char_idx": 0, "end_char_idx": 3949, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a858b7e8-b51c-4ec4-b3dc-fb5b5f8bef06": {"__data__": {"id_": "a858b7e8-b51c-4ec4-b3dc-fb5b5f8bef06", "embedding": null, "metadata": {"page_label": "182", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0a1300b5-83cc-43f7-802b-c34e6508f1ab", "node_type": null, "metadata": {"page_label": "182", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2094c89476969b89349ab4aefb2722d6d50b2839eda528f9c2382f95f66b7d37"}, "2": {"node_id": "d9eb8d50-295f-4e84-b4f0-4eb8cbe4a27e", "node_type": null, "metadata": {"page_label": "182", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b7b2a2f278dd3bf74b55e85f69f733629545bcf5223c041bd9b132ceefbb954e"}}, "hash": "ac7a96d4210edb7eda6206f17251d656e224674d96f6ff394f03ef2bf0c347b5", "text": "at a pre-tax rate that reflects cur -\nrent market assessments of the time value of money and the risks specific to the liability. The unwinding of the discount is \nrecognized as finance cost. Expected future operating loss -\nes are not provided for.\nIf the effect of the time value of money is material, provi -\nsions are discounted using a current pre-tax rate that re -\nflects, when appropriate, the risks specific to the liability. \nWhen discounting is used, the increase in the provision \ndue to the passage of time is recognized as a finance cost.\nWarranties\nProvision for warranty related costs are recognized when \nthe product is sold or service provided and is based on \nhistorical experience. The provision is based on technical \nevaluation/ historical warranty data and after weighting of \nall possible outcomes by their associated probabilities. The \nestimate of such warranty related costs is revised annually. \nWhere the effect of the time value of money is material, the \namount of a provision is the present value of the expendi -\nture expected to be required to settle the obligation.\nContingent liability\nA contingent liability is a possible obligation that arises \nfrom past events whose existence will be confirmed by the \noccurrence or non-occurrence of one or more uncertain fu -\nture events beyond the control of the Group or a present obligation that arises from past events where it is either not \nprobable that an outflow of resources will be required to settle or a reliable estimate of the amount cannot be made. \nA contingent liability also arises in extremely rare cases \nwhere there is a liability that cannot be recognized because \nit cannot be measured reliably.\np. Emplo yee benefits\nIndia\ni. Short-term emplo yee benefits\nAll employee benefits payable wholly within twelve \nmonths of receiving employee services are classified as \nshort-term employee benefits. These benefits include \nsalaries and wages, bonus and ex-gratia. Short-term", "start_char_idx": 3876, "end_char_idx": 5846, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3917a112-3993-4d64-9898-e9b7a729bef6": {"__data__": {"id_": "3917a112-3993-4d64-9898-e9b7a729bef6", "embedding": null, "metadata": {"page_label": "183", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "bf099eb6-ab17-4456-90fd-1035d0aebd18", "node_type": null, "metadata": {"page_label": "183", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a19959296044785619a8adc188ec34052e345db278023b033835277077e735af"}, "3": {"node_id": "26a9b39a-63d8-4545-8953-7d2c15b90f51", "node_type": null, "metadata": {"page_label": "183", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "901b69c438c2f3decc6afa0ff50d48a9c45353b7d800a90e015936653684078c"}}, "hash": "36847f2f3aad4ff9251b22e062f6305f9564cbba09c6c0443ad9a68f3907da03", "text": "Sandhar Technologies Limited182\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nemployee benefit obligations are measured on an \nundiscounted basis and are expensed as the related \nservice is provided. A liability is recognized for the \namount expected to be paid, if the Group has a present \nlegal or constructive obligation to pay the amount as a \nresult of past service provided by the employee, and the \namount of obligation can be estimated reliably.\nii. Defined contribution plans\nA defined contribution plan is a post-employment benefit \nplan under which an entity pays fixed contributions into \na separate entity and will have no legal or constructive \nobligation to pay further amounts. The Group makes \nspecified monthly contributions to the Regional \nProvident Fund Commissioner towards provident\nfund, superannuation fund scheme and employee state \ninsurance scheme (\u2018ESI\u2019). Obligations for contributions \nto defined contribution plans are recognized as \nan employee benefit expense in the Consolidated \nStatement of Profit and Loss in the periods during \nwhich the related services are rendered by employees. \nIf the contribution payable to the scheme for service \nreceived before the balance sheet date exceeds the \ncontribution already paid, the deficit payable to the \nscheme is recognized as a liability after deducting the \ncontribution already paid. If the contribution already \npaid exceeds the contribution due for services received before the balance sheet date, then excess is recognized \nas an asset to the extent that the pre-payment will lead \nto, for example, a reduction in future payment or a cash \nrefund.\niii. Defined benefit plans\nThe Group operates a defined benefit gratuity plan, \nwhich requires contributions to be made to Kotak \nMahindra Old Mutual Life Insurance Limited and LIC \nof India. There are no other obligations other than the \ncontribution payable to the respective trust. \nThe Group has an obligation towards gratuity, a defined \nbenefit retirement plan covering eligible employees. \nThe plan provides for a lump sum payment to vested \nemployees at retirement, death while in employment or on termination of employment of an amount based \non the respective employee\u2019s salary and the tenure of \nemployment. Vesting occurs upon completion of five \nyears of service.\nA defined benefit plan is a post-employment benefit \nplan other than a defined contribution plan. The Group\u2019s \nnet obligation in respect of defined benefit plans is \ncalculated by estimating the amount of future benefit that employees have earned in the current and prior \nperiods, discounting that amount and deducting the fair \nvalue of any plan assets.\nThe calculation of defined benefit obligation is \nperformed annually by a qualified actuary using the \nprojected unit credit method, which recognizes each year of service as giving rise to additional unit of \nemployee benefit entitlement and measure each unit \nseparately to build up the final obligation. The obligation \nis measured at the present value of estimated future \ncash flows. The discount rates used for determining the \npresent value of obligation under defined benefit plans, \nis based on the market yields on Government securities \nas at the Balance Sheet date, having maturity periods \napproximating to the terms of related obligations. \nRe-measurements, comprising of actuarial gains \nand losses, the effect of the asset ceiling, excluding \namounts included in net interest on the net defined \nbenefit liability and the return on plan assets (excluding \namounts included in net interest on the net defined \nbenefit liability), are recognized immediately in the \nbalance sheet with a corresponding debit or credit to \nretained earnings through OCI in the period in which \nthey occur. Re-measurements are not reclassified to \nprofit or loss in subsequent periods.\nPast service costs are recognized in profit or loss on the \nearlier of:\n\u2022 The date of the plan amendment or curtailment, \nand\n\u2022 The date that the Group recognizes", "start_char_idx": 0, "end_char_idx": 4123, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "26a9b39a-63d8-4545-8953-7d2c15b90f51": {"__data__": {"id_": "26a9b39a-63d8-4545-8953-7d2c15b90f51", "embedding": null, "metadata": {"page_label": "183", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "bf099eb6-ab17-4456-90fd-1035d0aebd18", "node_type": null, "metadata": {"page_label": "183", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a19959296044785619a8adc188ec34052e345db278023b033835277077e735af"}, "2": {"node_id": "3917a112-3993-4d64-9898-e9b7a729bef6", "node_type": null, "metadata": {"page_label": "183", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "36847f2f3aad4ff9251b22e062f6305f9564cbba09c6c0443ad9a68f3907da03"}}, "hash": "901b69c438c2f3decc6afa0ff50d48a9c45353b7d800a90e015936653684078c", "text": "plan amendment or curtailment, \nand\n\u2022 The date that the Group recognizes related \nrestructuring costs\nNet interest is calculated by applying the discount rate to the net defined benefit liability or asset. The Group \nrecognizes the following changes in the net defined \nbenefit obligation as an expense in the Consolidated \nStatement of Profit and Loss:\n\u2022 Service costs comprising current service \ncosts, past-service costs, gains and losses on \ncurtailments and non-routine settlements; and \n\u2022 Net int erest expense or income\niv. Other long term employee benefits\nCompensated absences\nThe employees can carry-forward a portion of the \nunutilized accrued compensated absences and utilize it \nin future service periods or receive cash compensation \non termination of employment. Since the compensated \nabsences do not fall due wholly within twelve months \nafter the end of the period in which the employees \nrender the related service and are also not expected to \nbe utilized wholly within twelve months after the end \nof such period, the benefit is classified as a long-term \nemployee benefit. The Group records an obligation \nfor such compensated absences in the period in which \nthe employee renders the services that increase this \nentitlement. The obligation is measured on the basis \nof independent actuarial valuation using the projected \nunit credit method.\nAs per the compensated absence encashment policy, the", "start_char_idx": 4051, "end_char_idx": 5470, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c968b943-7c83-4128-9338-046ac83802cf": {"__data__": {"id_": "c968b943-7c83-4128-9338-046ac83802cf", "embedding": null, "metadata": {"page_label": "184", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d892090c-93f4-43e8-9d03-e9cf355d1c4f", "node_type": null, "metadata": {"page_label": "184", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5912cd6741bfeff7a1949abd31eca7285d15e2a3e946c0ed00c5029990a76853"}, "3": {"node_id": "a3c30888-cc5d-4807-8882-4efcb270e9fb", "node_type": null, "metadata": {"page_label": "184", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9e5efe19bcdec57131db4dd63d05006b5a30573f5ae23358ea5b881cd2769372"}}, "hash": "be3e09a34db9c2938719614e2adfed68859d04b0b5892a8e3260bde611790d88", "text": "183\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nGroup does not have an unconditional right to defer the \ncompensated absence of employees, accordingly the \nentire compensated absence obligation as determined \nby an independent actuary has been classified as \ncurrent liability as at year end.\nEurope\nIn case of Sandhar T echnologies Barcelona S.L. according to the sector social agreement (Convenio \nSiderometalurgico de la provincia de Barcelona) \nthe Company pays 2 additional payrolls in June and \nDecember. The 2 additional payments, as well as the \nholiday payroll are provisioned every month on accrual \nbasis.\nq. Finan cial instruments\nA financial instrument is any contract that gives rise to a fi -\nnancial asset of one entity and a financial liability or equity \ninstrument of another entity.\ni. Recognition and initial measurement\nTrade receivables and debt securities are initially \nrecognized when they are originated. All other financial \nassets and financial liabilities are initially recognized \nwhen the Group becomes a party to the contractual \nprovisions of the instrument.\nA financial asset or financial liability is initially measured \nat fair value plus, for an item not at fair value through \nprofit and loss (\u2018FVTPL \u2019), transaction costs that are \ndirectly attributable to its acquisition or issue. \nii. Classification and subsequent measurement\nFinancial assets\nOn initial recognition, a financial asset is classified as \nmeasured at:\n-  Amortized cost;\n- Fair V alue through Other Comprehensive Income\n(\u2018FVOCI\u2019) \u2013 debt instrument;\n- FV OCI \u2013 equity investment; or\n- FVTPL\nFinancial assets are not reclassified subsequent to their \ninitial recognition, except if and in the period the Group \nchanges its business model for managing financial \nassets.\nA financial asset is measured at amortized cost if it meets \nboth of the following conditions and is not designated as \nat FVTPL:\n- the asset is held within a business model whose objective \nis to hold assets to collect contractual cash flows; and\n- The contractual terms of the financial asset give rise on \nspecified dates to cash flows that are solely payments of principal and interest (SPPI) on the principal amount \noutstanding. This category is the most relevant to the Group. After ini -\ntial measurement, such financial assets are subsequently measured at amortized cost using the effective interest rate \n(EIR) method. Amortized cost is calculated by taking into \naccount any discount or premium on acquisition and fees \nor costs that are an integral part of the EIR. The EIR amor -\ntization is included in finance income in the profit or loss. The losses arising from impairment are recognized in the \nConsolidated Statement of Profit and Loss. This category \ngenerally applies to trade and other receivables. The Group \nhas recognized financial assets viz. security deposit, trade \nreceivables, employee advances at amortized cost.\nA debt instrument is measured at FVOCI if it meets both of \nthe following conditions and is not designated as at FVTPL:\n- the asset is held within a business model whose objective \nis achieved by both collecting contractual cash flows and selling financial assets; and\n- The contractual terms of the financial asset give rise on \nspecified dates to cash flows that are solely payments of principal and interest (SPPI) on the principal amount \noutstanding.\nDebt instruments included within the FVTOCI category are \nmeasured initially as well as at each reporting date at fair \nvalue. Fair value movements are recognized in the other \ncomprehensive income (OCI). However, the Group recog -\nnizes interest income, impairment losses and reversals and foreign exchange gain or loss in the Consolidated Statement of Profit and Loss. On", "start_char_idx": 0, "end_char_idx": 3887, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a3c30888-cc5d-4807-8882-4efcb270e9fb": {"__data__": {"id_": "a3c30888-cc5d-4807-8882-4efcb270e9fb", "embedding": null, "metadata": {"page_label": "184", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d892090c-93f4-43e8-9d03-e9cf355d1c4f", "node_type": null, "metadata": {"page_label": "184", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5912cd6741bfeff7a1949abd31eca7285d15e2a3e946c0ed00c5029990a76853"}, "2": {"node_id": "c968b943-7c83-4128-9338-046ac83802cf", "node_type": null, "metadata": {"page_label": "184", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "be3e09a34db9c2938719614e2adfed68859d04b0b5892a8e3260bde611790d88"}}, "hash": "9e5efe19bcdec57131db4dd63d05006b5a30573f5ae23358ea5b881cd2769372", "text": "foreign exchange gain or loss in the Consolidated Statement of Profit and Loss. On derecognition of the asset, cumulative \ngain or loss previously recognized in OCI is reclassified from \nthe equity to the Consolidated Statement of Profit and Loss. \nInterest earned whilst holding FVTOCI debt instrument is \nreported as interest income using the EIR method.\nOn initial recognition of an equity investment that is not \nheld for trading, the Group may irrevocably elect to present \nsubsequent changes in the investment\u2019s fair value in OCI \n(designated as FVOCI \u2013 equity investment). This election is \nmade on an investment-by-investment basis.\nAll financial assets not classified as measured at amortized \ncost or FVOCI as described above are measured at FVTPL. \nThis includes all derivative financial assets. On initial recog -\nnition, the Group may irrevocably designate a financial as -\nset that otherwise meets the requirements to be measured at amortized cost or at FVOCI as at FVTPL if doing so elim -\ninates or significantly reduces an accounting mismatch that would otherwise arise.\nEquity investments\nAll equity investments in scope of Ind AS 109 are measured \nat fair value. Equity instruments which are held for trading \nand contingent consideration recognised by an acquirer in a business combination to which Ind AS 103 applies are \nclassified as at FVPL. For all other equity instruments, the \nGroup may make an irrevocable election to present in other", "start_char_idx": 3805, "end_char_idx": 5268, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "69a8639f-1650-4e89-a5e1-5ed220bbe5f0": {"__data__": {"id_": "69a8639f-1650-4e89-a5e1-5ed220bbe5f0", "embedding": null, "metadata": {"page_label": "185", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "abe56c5f-214c-4bb1-bacc-e270a665489b", "node_type": null, "metadata": {"page_label": "185", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bd451931978ad515ea5b476a54060027f254486505f885cda8f19015bdcc0943"}, "3": {"node_id": "6d0237fe-9c94-45fb-b8e6-e7b9a263ceda", "node_type": null, "metadata": {"page_label": "185", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "99a48d2e6529ea2d41f5d9fe75a26cca6f56d62dfba3ef3de04da79cd0b9a667"}}, "hash": "a6fd4c844280461f73333cf71e1cc32fc27dbff83878cf82322b3853aad652d8", "text": "Sandhar Technologies Limited184\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\ncomprehensive income subsequent changes in the fair val -\nue. The Group makes such election on an instrument by-in -\nstrument basis. The classification is made on initial recogni -\ntion and is irrevocable.\nIf the Group decides to classify an equity instrument as \nat FVOCI, then all fair value changes on the instrument, \nexcluding dividends, are recognised in the OCI. There is \nno recycling of the amounts from OCI to the Consolidated \nStatement of Profit and Loss, even on sale of investment. \nHowever, the Group may transfer the cumulative gain or \nloss within equity.\nEquity instruments included within the FVPL category are \nmeasured at fair value with all changes recognised in the \nConsolidated Statement of Profit and Loss.\nFinancial assets: Business model assessment\nThe Group makes an assessment of the objective of the \nbusiness model in which a financial asset is held at a port -\nfolio level because this best reflects the way the business is managed and information is provided to management. The \ninformation considered includes:\n- The stated policies and objectives for the portfolio and \nthe operation of those policies in practice. These include \nwhether management\u2019s strategy focuses on earning \ncontractual interest income, maintaining a particular \ninterest rate profile, matching the duration of the \nfinancial assets to the duration of any related liabilities or \nexpected cash outflows or realizing cash flows through \nthe sale of the assets;\n- How the performance of the portfolio is evaluated and \nreported to the Group\u2019s management;\n- The risks that affect the performance of the business \nmodel (and the financial assets held within that business \nmodel) and how those risks are managed;\n- The frequency, volume and timing of sales of financial \nassets in prior periods, the reasons for such sales and expectations about future sales activity.\nFinancial assets that are held for trading or are managed \nand whose performance is evaluated on a fair value basis \nare measured at FVTPL.\nFinancial asset: Assessment whether contractual cash \nflows are solely payments of principal and interest\nFor the purpose of this assessment \u2018Principal\u2019 is defined as \nthe fair value of the financial asset on initial recognition. \n\u2018Interest\u2019 is defined as consideration for the time value of \nmoney and for the credit risk associated with the principal \namount outstanding during a particular period of time and \nfor other basic lending risks and costs (e.g. liquidity risk and \nadministrative costs), as well as a profit margin. In assessing whether the contractual cash flows are sole -\nly payments of principal and interest, the Group considers the contractual terms of the instrument. This includes as -\nsessing whether the financial asset contains a contractual term that could change the timing or amount of contractu -\nal cash flows such that it would not meet this condition. In making the assessment, the Group considers:\n- Contingent s events that would change the amounts or \ntimings of cash flows;\n- T erms that may adjust the contractual coupon rate, \nincluding variable interest rate features;\n- Prepa yment and extension features; and \n- T erms that limit the Group\u2019s claim to cash flows from \nspecified assets (e.g. non - recourse features) \nA prepayment feature is consistent with the solely pay -\nments of principal and interest criterion if the prepayment \namount substantially represents unpaid amounts of princi -\npal and interest on the principal amount outstanding, which may include reasonable additional compensation for ear -\nly termination of the contract. Additionally, for a financial asset acquired at a significant discount or premium to its \ncontractual par amount, as feature that permits or requires prepayment at an amount that substantially represents the \ncontractual par amount plus accrued (but unpaid) contrac -\ntual interest (which may also include reasonable additional compensation for early termination) is treated as consistent \nwith this criterion if the fair value of the", "start_char_idx": 0, "end_char_idx": 4224, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6d0237fe-9c94-45fb-b8e6-e7b9a263ceda": {"__data__": {"id_": "6d0237fe-9c94-45fb-b8e6-e7b9a263ceda", "embedding": null, "metadata": {"page_label": "185", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "abe56c5f-214c-4bb1-bacc-e270a665489b", "node_type": null, "metadata": {"page_label": "185", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bd451931978ad515ea5b476a54060027f254486505f885cda8f19015bdcc0943"}, "2": {"node_id": "69a8639f-1650-4e89-a5e1-5ed220bbe5f0", "node_type": null, "metadata": {"page_label": "185", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a6fd4c844280461f73333cf71e1cc32fc27dbff83878cf82322b3853aad652d8"}}, "hash": "99a48d2e6529ea2d41f5d9fe75a26cca6f56d62dfba3ef3de04da79cd0b9a667", "text": "for early termination) is treated as consistent \nwith this criterion if the fair value of the prepayment feature \nis insignificant at initial recognition.\nFinancial assets:  Subsequent measurement and gains \nand lossesFinancial assets at FVTPL : These assets are subsequently \nmeasured at fair value. Net gains and losses, including any \ninterest or dividend income, are recognized in profit or loss. \nFinancial assets at amortized cost : These assets are subse -\nquently measured at amortized cost using the effective in -\nterest method. Interest income, foreign exchange gains and \nlosses are recognized in profit or loss. Any gain or loss on \nderecognition is recognized in profit or loss.\nDebt investment at FVOCI : These assets are subsequently \nmeasured at fair value. Interest income under the effective \ninterest method, foreign exchange gains and losses and im -\npairment are recognized in profit or loss. Other net gains and losses are recognized in OCI. On derecognition, gains \nand losses accumulated in OCI are reclassified to profit or \nloss. \nEquity investment at FVOCI : These assets are subsequent -\nly measured at fair value. Dividends are recognized as in -\ncome in profit or loss unless the dividend clearly represents \na recovery of part of the cost of the investment. Other net \ngains and losses are recognized in OCI and are not reclassi -\nfied to profit or loss.", "start_char_idx": 4131, "end_char_idx": 5517, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "dd488ddb-5b65-4985-bcfb-052d3b5654e6": {"__data__": {"id_": "dd488ddb-5b65-4985-bcfb-052d3b5654e6", "embedding": null, "metadata": {"page_label": "186", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "139ccb6f-d721-4034-b7de-3c5792fbf388", "node_type": null, "metadata": {"page_label": "186", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8c6045a6a9e4e8c6d28d4bda019e27ee1a1e9b1eed0238d9270a13a3b801495d"}, "3": {"node_id": "e4fcc618-2890-41da-aa70-2518976bf1dc", "node_type": null, "metadata": {"page_label": "186", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "300d72fec3b3a071204478b831a894c0f7392ef096b424ada16de36aabb926a2"}}, "hash": "13b023eadeaeaa66aa457ad1faea0a753e918590dabbc96c362eaf63dd4dfa3d", "text": "185\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nFinancial liabilities: Classification, subsequent measure -\nment and gains and losses\nFinancial liabilities are classified as measured at amortized \ncost or FVTPL. A financial liability is classified as at FVTPL \nif it is classified as held - for - trading, or it is a derivative \nor it is designated as such on initial recognition. Financial \nliabilities at FVTPL are measured at fair value and net gains \nand losses, including any interest expense, are recognized \nin profit or loss. Other financial liabilities are subsequent -\nly measured at amortized cost using the effective interest method. Interest expense and foreign exchange gains and \nlosses are recognized in profit or loss. Any gain or loss on \nderecognition is also recognized in profit or loss.\niii. Derecognition\nFinan cial assets\nThe Group derecognizes a financial asset when the contrac -\ntual rights to the cash flows from the financial asset expire, \nor it transfers the rights to receive the contractual cash \nflows in a transaction in which substantially all of the risks \nand rewards of ownership of the financial asset are trans -\nferred or in which the Group neither transfers nor retains substantially all of the risks and rewards of ownership and \ndoes not retain control of the financial asset.\nIf the Group enters into transactions whereby it transfers \nassets recognized on its balance sheet, but retains either \nall or substantially all of the risks and rewards of the trans -\nferred assets, the transferred assets are not derecognized.\nFinancial liabilitiesThe Group derecognizes a financial liability when its con -\ntractual obligations are discharged or cancelled, or expire. \nThe Group also derecognizes a financial liability when its \nterms are modified and the cash flows under the modi -\nfied terms are substantially different. In this case, a new financial liability based on the modified terms is recognized \nat fair value. The difference between the carrying amount \nof the financial liability extinguished and the new financial \nliability with modified terms is recognized in profit or loss.\niv. Offs etting\nFinancial assets and financial liabilities are offset and the net amount presented in the balance sheet when, and only \nwhen, the Group currently has a legally enforceable right\nto set off the amounts and it intends either to settle them \non a net basis or to realize the asset and settle the liability \nsimultaneously.\nv. Der ivative financial instruments and hedge accounting\nThe Group uses derivative instruments such as foreign ex -\nchange forward contracts and currency swaps to hedge its \nforeign currency and interest rate risk exposure. Embedded \nderivatives are separated from the host contract and ac -counted for separately if the host contract is not a financial asset and certain criteria are met.\nDerivatives are initially measured at fair value. Subsequent \nto initial recognition, derivatives are measured at fair value \nand changes therein are generally recognized in profit and \nloss.\nImpairment of financial assetsThe Group recognizes loss allowances for expected credit \nlosses on:\n- Financial assets measured at amortized cost; and- Financial assets measured at FVOCI \u2013 debt instruments.\nAt each reporting date, the Group assesses whether finan -\ncial assets carried at amortized cost and debt instruments \nat FVOCI are credit-impaired. A financial asset is \u2018credit-im -\npaired\u2019 when one or more events that have a detrimental impact on the estimated future cash flows of the financial \nasset have occurred.\nEvidence that a financial asset is credit \u2013 impaired includes \nthe following observable data:\nFor recognition of impairment loss on financial assets and \nrisk exposure, the Group determines that whether there \nhas been a significant increase in the credit risk since initial \nrecognition. If credit risk has not increased significantly, 12 \nmonth", "start_char_idx": 0, "end_char_idx": 4062, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "e4fcc618-2890-41da-aa70-2518976bf1dc": {"__data__": {"id_": "e4fcc618-2890-41da-aa70-2518976bf1dc", "embedding": null, "metadata": {"page_label": "186", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "139ccb6f-d721-4034-b7de-3c5792fbf388", "node_type": null, "metadata": {"page_label": "186", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8c6045a6a9e4e8c6d28d4bda019e27ee1a1e9b1eed0238d9270a13a3b801495d"}, "2": {"node_id": "dd488ddb-5b65-4985-bcfb-052d3b5654e6", "node_type": null, "metadata": {"page_label": "186", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "13b023eadeaeaa66aa457ad1faea0a753e918590dabbc96c362eaf63dd4dfa3d"}}, "hash": "300d72fec3b3a071204478b831a894c0f7392ef096b424ada16de36aabb926a2", "text": "risk since initial \nrecognition. If credit risk has not increased significantly, 12 \nmonth ECL is used to provide for impairment loss. Howev -\ner, if credit risk has not increased significantly, 12 month ECL is used to provide for impairment loss. However, if \ncredit risk has increased significantly, lifetime ECL is used. \nIf, in a subsequent period, credit quality of the instrument \nimproves such that there is no longer a significant increase \nin credit risk since initial recognition, then the entity re -\nverts to recognizing impairment loss allowance based on 12 month ECL.\nThe Group assumes that the credit risk on a financial asset \nhas increased significantly if it is more than 30 days past due.\nThe Group considers a financial asset to be in default when:\n- The borrower is unlikely to pay its credit obligations \nto the Group in full, without recourse by the Group to \nactions such as realizing security (if any is held); or\n- The financia l asset is 90 days or more past due.\nMeasurement of expected credit losses\nExpected credit losses are a probability-weighted estimate \nof credit losses. Credit losses are measured as the present \nvalue of all cash shortfalls (i.e. the difference between the \ncash flows due to the Group in accordance with the contract \nand the cash flows that the Group expects to receive).\nPresentation of allowance for expected credit losses in the \nbalance sheet", "start_char_idx": 3972, "end_char_idx": 5375, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9e0d0fc9-8957-4f67-ba82-00ae01487f2d": {"__data__": {"id_": "9e0d0fc9-8957-4f67-ba82-00ae01487f2d", "embedding": null, "metadata": {"page_label": "187", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e1c502e6-95f7-4e9b-b3d8-a4644086e6e7", "node_type": null, "metadata": {"page_label": "187", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c996482f698e73f7d5a027b990723a779790dbd31ea271ed5ea0bd5fbc53f748"}, "3": {"node_id": "ecb1a782-eb28-4db8-b398-54cda318443a", "node_type": null, "metadata": {"page_label": "187", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "58c6cbd0ec53e471df93d85e8e863298f029a760074e2788f1e19ae176fdd9a5"}}, "hash": "3d528346a63e8290a38c9c6e8f669fb1e6cf9c538f27fee10d1b6785487a3d66", "text": "Sandhar Technologies Limited186\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nLoss allowance for financial assets measured at amortized \ncost are deducted from the gross carrying amount of the \nassets.\nFor debt securities at FVOCI, the loss allowance is charged \nto Consolidated Statement of Profit and Loss and is recog -\nnized in OCI.\nWrite-offThe gross carrying amount of a financial asset is written \noff (either partially or in full) to the extent that there is no \nrealistic prospect of recovery. This is generally the case \nwhen the Group determines that the debtor does not have \nassets or sources of income that could generate sufficient \ncash flows to repay the amounts subject to the write- off. \nHowever, financial assets that are written off could still be \nsubject to enforcement activities in order to comply with the Group\u2019s procedures for the recovery of amount due.\nIn accordance with Ind AS 109, the Group applies expected \ncredit loss (ECL) model for the measurement and recogni -\ntion of impairment loss on the following financial assets and credit risk exposure:\na. Fina ncial assets that are debt instruments, and are \nmeasured at amortized cost e.g., deposits, and advances.\nb. T rade receivables that result from transactions that are \nwithin the scope of Ind AS 115\nc. Financial guarantee contracts which are not measured \nas at FVTPL.\nThe Group follows \u2018simplified approach\u2019 for recognition of \nimpairment loss allowance on Trade receivables.\nThe application of simplified approach does not require the \nGroup to track changes in credit risk. Rather, it recognizes \nimpairment loss allowance based on lifetime ECLs at each \nreporting date, right from its initial recognition.\nFor recognition of impairment loss on other financial as -\nsets and risk exposure, the Group determines that whether \nthere has been a significant increase in the credit risk since \ninitial recognition. If credit risk has not increased signifi -\ncantly, 12-month ECL is used to provide for impairment loss. However, if credit risk has increased significantly, life -\ntime ECL is used. If, in a subsequent period, credit quality of the instrument improves such that there is no longer a \nsignificant increase in credit risk since initial recognition, \nthen the entity reverts to recognizing impairment loss al -\nlowance based on 12-month ECL.\nLifetime ECL are the expected credit losses resulting from \nall possible default events over the expected life of a fi -\nnancial instrument. The 12-month ECL is a portion of the lifetime ECL which results from default events that are \npossible within 12 months after the reporting date.ECL is the difference between all contractual cash flows \nthat are due to the Group in accordance with the contract \nand all the cash flows that the entity expects to receive (i.e., \nall cash shortfalls), discounted at the original EIR. When es -\ntimating the cash flows, an entity is required to consider:\n\u2022 All contractual terms of the financial instrument (including \nprepayment, extension, call and similar options) over the \nexpected life of the financial instrument. However, in rare \ncases when the expected life of the financial instrument \ncannot be estimated reliably, then the entity is required \nto use the remaining contractual term of the financial \ninstrument.\n\u2022 Cash flows from the sale of collateral held or other credit\nenhancements that are integral to the contractual terms\nFor assessing increase in credit risk and impairment loss, the Group combines financial instruments on the basis of \nshared credit risk characteristics with the objective of facil -\nitating an analysis that is designed to enable significant in -\ncreases in credit risk to be identified on a timely basis.\nThe Group does not have any purchased or originated \ncredit-impaired (POCI) financial assets, i.e., financial assets which are credit impaired on purchase/ origination.\nr.", "start_char_idx": 0, "end_char_idx": 4016, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ecb1a782-eb28-4db8-b398-54cda318443a": {"__data__": {"id_": "ecb1a782-eb28-4db8-b398-54cda318443a", "embedding": null, "metadata": {"page_label": "187", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e1c502e6-95f7-4e9b-b3d8-a4644086e6e7", "node_type": null, "metadata": {"page_label": "187", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c996482f698e73f7d5a027b990723a779790dbd31ea271ed5ea0bd5fbc53f748"}, "2": {"node_id": "9e0d0fc9-8957-4f67-ba82-00ae01487f2d", "node_type": null, "metadata": {"page_label": "187", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3d528346a63e8290a38c9c6e8f669fb1e6cf9c538f27fee10d1b6785487a3d66"}}, "hash": "58c6cbd0ec53e471df93d85e8e863298f029a760074e2788f1e19ae176fdd9a5", "text": "financial assets which are credit impaired on purchase/ origination.\nr. Reco gnition of interest expense\nInterest expense is recognized using effective interest method. \nThe \u2018effective interest rate\u2019 is the rate that exactly discounts \nestimated future cash payments through the expected life \nof the financial instrument to: \n- The amortized cost of the financia l liability.\nIn calculating interest expense, the effective interest rate is applied to the amortized cost of the liability.  \ns. Cash an d cash equivalents\nCash and cash equivalent in the balance sheet comprise cash at banks, cash on hand and cheques on hand, which are \nsubject to an insignificant risk of changes in value.\nFor the purpose of the Consolidated Statement of Cash \nFlows, cash and cash equivalents consist of cash at bank, \ncash on hand and cheques on hand as they are considered \nan integral part of the Group\u2019s cash management.\nt. Cash flow statemen t\nCash flows are reported using the indirect method, where -\nby profit for the period is adjusted for the effects of transac -\ntions of a non-cash nature, any deferrals or accruals of past or future operating cash receipts or payments and item of \nincome or expenses associated with investing or financing \ncash flows. The cash flows from operating, investing and fi -\nnancing activities of the Company are segregated.", "start_char_idx": 3945, "end_char_idx": 5295, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "52fce71f-bcb0-4dcd-8889-35a23613be6f": {"__data__": {"id_": "52fce71f-bcb0-4dcd-8889-35a23613be6f", "embedding": null, "metadata": {"page_label": "188", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2a52d6db-8f94-48c1-aeb7-8229e38f0660", "node_type": null, "metadata": {"page_label": "188", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6565075ab60f550a4e10ddbb61e69cbc449b997cc4e8f5adbd10f4d8cd3da6c4"}}, "hash": "6565075ab60f550a4e10ddbb61e69cbc449b997cc4e8f5adbd10f4d8cd3da6c4", "text": "187\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nu. Cash dividend and non-cash distribution to equity hold -\ners of the parent\nThe Group recognizes a liability to make cash distributions \nto equity holders when the distribution is authorized and the \ndistribution is no longer at the discretion of the Group. As \nper the corporate laws in India, a distribution is authorized \nwhen it is approved by the shareholders. A corresponding \namount is recognized directly in equity.\nv. Corpo rate Social Responsibility (\u201cCSR\u201d) expenditure:\nCSR expenditure incurred by the Group is charged to the \nConsolidated Statement of the Profit and Loss.\nw. Resear ch and development:\nExpenditure on research and development activities is rec -\nognized in the Consolidated Statement of Profit and Loss as \nincurred.\nDevelopment expenditure is capitalized as part of cost of \nthe resulting intangible asset only if the expenditure can be \nmeasured reliably, the product or process is technically and \ncommercially feasible, future economic benefits are proba -\nble, and the Group intends to and has sufficient resources to complete development and to use or sell the asset. Oth -\nerwise, it is recognized in profit or loss as incurred. Subse -\nquent to initial recognition, the asset is measured at cost \nless accumulated amortization and any accumulated impair -\nment losses, if any.x. Recen t accounting pronouncements:\nOn March 23, 2022, the Ministry of Corporate Affairs \n(MCA) issued certain amendments and annual improve -\nments to Ind AS. These amendments are applicable for ac -\ncounting periods beginning on or after April 1, 2022:\n- Ind AS 103 \u2013 Business Combinations \u2013 Reference to \nconceptual framework added\n- Ind AS 16 \u2013 Property, Plant and Equipment \u2013 Accounting \nfor proceeds before an asset\u2019s intended use\n- Ind AS 37 \u2013 Provisions, Contingent Liabilities and \nContingent Assets \u2013 Assessing if the contract is onerous\n- Annual improvements to Ind AS \u2013 Ind AS 109 (Financial \nInstruments) and Ind AS 116 (Leases).\nThe Company will evaluate the impact of the above, where applica -\nble, on the financial statements and give impact of the same in the \nrelevant period.", "start_char_idx": 0, "end_char_idx": 2298, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a2ee7c33-a653-48c3-aa52-617b7e714991": {"__data__": {"id_": "a2ee7c33-a653-48c3-aa52-617b7e714991", "embedding": null, "metadata": {"page_label": "189", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "cfba18a4-a06d-4c13-831c-552f814ebe67", "node_type": null, "metadata": {"page_label": "189", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b5fa565a7c2d459953e182c27c0a4b7d793c5b61bb2d5a3020d55627bbc9a9ed"}}, "hash": "67bb98ffb746cd3e77c82fab7d2acb21835be89061de8cd2b895cd274ad0db06", "text": "Sandhar Technologies Limited188\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n 3. Property , plant and equipment \nParticulars Freehold \nLandBuildings  Plant and Equipment Office equipments Vehicles Furnitures and FixturesT otal\n Gross carrying value as at  \n1 April  2020  11,492.71  18,905.23  64,140.59  2,215.57  637.15  918.25  98,309.50 \n Additions  4.08  776.63  6,825.40  106.36  114.99  14.60  7,842.06 \n Disposals  -  -  798.53  98.85  273.06  6.46  1,176.90 \nExchange difference on translation of \nforeign operations -  -  446.75  3.92  -  1.47  452.14 \nGross carrying value as at  \n31 March 2021  11,496.79  19,681.86  70,614.21  2,227.00  479.08  927.86  105,426.80 \n Additions   691.69  573.99  14,200.10  306.34  58.86  101.14  15,932.12 \n Disposals  100.71  43.16  1,163.47  340.03  113.57  10.08  1,771.02 \nExchange difference on translation of foreign operations (9.48)  -  (242.69)  (1.27)  -  (0.78)  (254.22)\nGross carrying value as at  \n31 March 2022  12,078.29  20,212.69  83,408.15  2,192.04  424.37  1,018.14  119,333.68 \n Accumulated depreciation \n Balance as at 1 April 2020  -  2,845.22  21,776.97  1,216.85  308.76  358.04  26,505.84 \n Depreciation for the year  -  865.43  6,286.98  362.87  103.98  94.70  7,713.96 \n Depreciation on disposal  -  -  660.41  98.74  257.22  6.45  1,022.82 \nExchange difference on translation of \nforeign operations -  -  133.60  2.88  -  -  136.48 \n Balance as at 31 March 2021  -  3,710.65  27,537.14  1,483.86  155.52  446.29 \n 33,333.46 \n Depreciation for the year  -  901.67  6,934.50  306.83  114.63  93.86  8,351.49 \n Depreciation on disposal  -  14.63  1,070.60  339.12  113.20  10.07  1,547.62 \nExchange difference on translation of foreign operations -  -  (86.45)  (1.73)  -  -  (88.18)\n Balance as at 31 March 2022  -  4,597.69  33,314.59  1,449.84  156.95  530.08  40,049.15 \n Net carrying amount \n As at 31 March 2022  12,078.29  15,615.00  50,093.56  742.20  267.42  488.06  79,284.53 \n As at 31 March 2021  11,496.79  15,971.21  43,077.07  743.14  323.56  481.57  72,093.34", "start_char_idx": 0, "end_char_idx": 2163, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4ca7cc34-fb09-412b-8522-60bbe2ac5563": {"__data__": {"id_": "4ca7cc34-fb09-412b-8522-60bbe2ac5563", "embedding": null, "metadata": {"page_label": "190", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "41c83874-10f7-446e-ac59-6964eb35c7f3", "node_type": null, "metadata": {"page_label": "190", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c0398fb9797a755d3a27610927f0ff7462ea46858487be6d31931640b8daed2c"}, "3": {"node_id": "c33d0d55-404a-4492-b54e-e9b2ddacaeb1", "node_type": null, "metadata": {"page_label": "190", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8b4893bb191c07dcd63de710976bf33f3e0c4a3646fbc65db298ae0935f952fa"}}, "hash": "cc54ea0755137c80f53ce9c29dfb74ebd2e4bbf0724b0f77dcff66e85296b82a", "text": "189\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n3A. Capital work-in-progress and Intangible assets under development\nBalance as at 31 March 2022 \nS.No CWIP Amount in CWIP for a period of\nLess than 1 Year 1-2 Years 2-3 Years More than 3 \nyearsT otal\n1 Projects in Progress  12,788.67  -    -    13.68  12,802.35 \n2 Project T emporarily suspended  -    -    -    -    -   \nOut of above, the projects which are overdue as per original plan:\nS.No CWIP T o be completed in\nLess than 1 Year 1-2 Years 2-3 Years More than 3 \nyearsT otal\n1 Projects in Progress (SMT \nLine) 1,906.16  -    -    -    1,906.16 \n2 Projects in Progress (Others)  13.68  -    -    -    13.68 \n Balance as at 31 March 2021 \nS.No CWIP Amount in CWIP for a period of\nLess than 1 Year 1-2 Years 2-3 Years More than 3 \nyearsT otal\n1 Projects in Progress  1,377.37  3.35  54.60  19.49  1,454.81 \n2 Project T emporarily suspended  -    -    -    -    -   \n3B. Title deeds of immovable properties not held in the name of the Company\nAs at 31 March 2022 \nS. \nNo.Relevant Line Item in the Balance SheetDescription of Item of PropertyGross \nCarrying \nValue  \n31 March \n2022Gross Carrying Value  \n31 March 2021Title deeds held in the Name ofWhether title deed holder is a promoter, director or relative of their relative of promoter/ director or employee of pro -\nmoter/ directorProperty held sinceReason  for not being held in Name of the Company\n1  Property, plant \nand equipment \n- Land 12C& 13A, KIABD \nIndustrial Area, \nAttibele Bangalore 30.98  30.98 Adeep \nRolofoam \nLtdNo 28.12.2005 The Title deed is in the name of \ncompany i.e. Adeep Rolofoam \nLimited and Adeep Locks Limited. \nThe valuation of the stamp duty \nwas done by the Government agency. The Company is in the \nprocess of getting the name \nchanged which is pending as on balance sheet date.2  Property, plant and equipment - Land 12C, KIABD Industrial Area, Attibele Bangalore 4.04  4.04 Adeep Locks LtdNo 28.12.2005\n3  Property, plant and equipment - Land Plot no. 640, P & T Quarters Road, Thiruvottiyur, Chennai-600019 21.31  21.31 Adeep Rolofoam LtdNo 28.12.2005\n4  Property, plant \nand equipment \n- Land Plot no \n44-Sector-3, IMT \nMANESAR,Gurgaon 317.77  317.77 Adeep \nRolofoam \nLtdNo 28.12.2005 The Company has filed an \napplication in the Haryana State \nIndustrial and Infrastructure \nDevelopment Corporation for \nchange the name which is pending as on balance sheet dat\n5  Property, plant and equipment - Land Plot no 24-Sector-3, IMT MANESAR, Gurgaon 192.69  192.69 Sandhar Auto Com -\nponents, LtdYes 28.12.2005 The Company has filed an application in the Haryana State Industrial and Infrastructure Development Corporation for change the name which is pending as on balance sheet date.\n6  Property, plant and equipment - Land Plot no 46A,Peenya 2nd phase, Industrial Area, Bangalore-   \n2,570.15 Mag Engi -\nneering Pvt LtdNo 01.04.2012 Valuation done by the Government agency for stamp duty amount during the current year and the same", "start_char_idx": 0, "end_char_idx": 3107, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c33d0d55-404a-4492-b54e-e9b2ddacaeb1": {"__data__": {"id_": "c33d0d55-404a-4492-b54e-e9b2ddacaeb1", "embedding": null, "metadata": {"page_label": "190", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "41c83874-10f7-446e-ac59-6964eb35c7f3", "node_type": null, "metadata": {"page_label": "190", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c0398fb9797a755d3a27610927f0ff7462ea46858487be6d31931640b8daed2c"}, "2": {"node_id": "4ca7cc34-fb09-412b-8522-60bbe2ac5563", "node_type": null, "metadata": {"page_label": "190", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cc54ea0755137c80f53ce9c29dfb74ebd2e4bbf0724b0f77dcff66e85296b82a"}}, "hash": "8b4893bb191c07dcd63de710976bf33f3e0c4a3646fbc65db298ae0935f952fa", "text": "Valuation done by the Government agency for stamp duty amount during the current year and the same was deposited in the registrar office.7  Property, plant and equipment - Land Plot no 34B,Peenya 2nd phase, Industrial Area, Bangalore-   2,436.53 Mag Engi -\nneering Pvt LtdNo 01.04.2012", "start_char_idx": 3009, "end_char_idx": 3294, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4ecf96df-20de-4519-b097-de6ed63274c5": {"__data__": {"id_": "4ecf96df-20de-4519-b097-de6ed63274c5", "embedding": null, "metadata": {"page_label": "191", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "de8884bb-3747-440a-b235-11e376f5ddf6", "node_type": null, "metadata": {"page_label": "191", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "434629ee259f7aacd49a944f265f28508827d91858837333312dd0c0391d470d"}, "3": {"node_id": "43ce31a3-f6cf-4f4e-98c0-e3a9159d7996", "node_type": null, "metadata": {"page_label": "191", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "093438f2a801fac9938216bfcdf3ba9275a0543bda9b43a0c3bc7ddc0a373413"}}, "hash": "1b947d91288b32a66e6ad0d0aba1214193ff02fd5d2981c664154c44f53b759e", "text": "Sandhar Technologies Limited190\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nS. \nNo.Relevant Line Item in the Balance SheetDescription of Item of PropertyGross \nCarrying \nValue  \n31 March \n2022Gross Carrying Value  \n31 March 2021Title deeds held in the Name ofWhether title deed holder is a promoter, director or relative of their relative of promoter/ director or employee of pro -\nmoter/ directorProperty held sinceReason  for not being held in Name of the Company\n8  Property, plant \nand equipment - Building 12C& 13A, KIABD Industrial Area, Attibele Bangalore 747.36  732.30 Adeep Rolofoam LtdNo 28.12.2005 The Title deed is in the name of company i.e. Adeep Rolofoam Limited and Adeep Locks Limited. The valuation of the stamp duty was done by the Government agency. The Company is in the process of getting the name changed which is pending as on balance sheet date.9  Property, plant and equipment - Building 12C, KIABD Industrial Area, Attibele BangaloreAdeep Locks LtdNo 28.12.2005\n10  Property, plant and equipment - Building Plot no. 640, P & T Quarters Road, Thiruvottiyur, Chennai-600019 53.17  53.17 Adeep Rolofoam LtdNo 28.12.2005\n11  Property, plant and equipment - Building Plot no 44-Sector-3, IMT MANESAR,Gurgaon 411.08  411.08 Adeep Rolofoam LtdNo 28.12.2005 The Company has filed an application in the Haryana State Industrial and Infrastructure Development Corporation for change the name which is pending as on balance sheet date.\n12  Property, plant and equipment - Building Plot no 24-Sector-3, IMT MANESAR,Gur-gaon 132.55  132.55 Sandhar Auto Com -\nponents, LtdYes 28.12.2005 The Company has filed an application in the Haryana State Industrial and Infrastructure Development Corporation for change the name which is pending as on balance sheet date.\n13  Property, plant and equipment - Building Plot no 46A,Peenya 2nd phase, Industrial Area, Bangalore-   1,878.04 \nMag Engi -\nneering Pvt LtdNo 01.04.2012 Valuation done by the Government agency for stamp duty amount during the current year and the same was deposited in the registrar office.14  Property, plant and equipment - Building Plot no 34B,Peenya 2nd phase, Industrial Area, BangaloreMag Engi -\nneering Pvt LtdNo 01.04.2012\n4. Right-of-use asset* \nParticulars Leasehold Land T otal\n Gross carrying value as at 1 April 2020  11,282.51  11,282.51 \n Impact of Ind AS 116  -  - \n Additions  1,857.23  1,857.23 \nExchange difference on translation of foreign operations  182.01  182.01 \nGross carrying value as at 31 March 2021  13,321.75  13,321.75 \n Additions   2,234.15  2,234.15 \n Disposals  -  - \nExchange difference on translation of foreign operations  (51.17)  (51.17)\nGross carrying value as at 31 March 2022  15,504.73  15,504.73 \n Accumulated depreciation \n Balance as at 1 April 2020  1,388.10  1,388.10 \n Depreciation for the year  1,334.93  1,334.93 \n Accumulated depreciation on disposal  -  - \nExchange difference on translation of foreign operations  19.13  19.13 \n Balance as at 31 March 2021  2,742.16  2,742.16 \n Depreciation for the year  1,343.74  1,343.74 \n Accumulated depreciation on disposal  -  - \nExchange difference on translation of foreign operations ", "start_char_idx": 0, "end_char_idx": 3278, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "43ce31a3-f6cf-4f4e-98c0-e3a9159d7996": {"__data__": {"id_": "43ce31a3-f6cf-4f4e-98c0-e3a9159d7996", "embedding": null, "metadata": {"page_label": "191", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "de8884bb-3747-440a-b235-11e376f5ddf6", "node_type": null, "metadata": {"page_label": "191", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "434629ee259f7aacd49a944f265f28508827d91858837333312dd0c0391d470d"}, "2": {"node_id": "4ecf96df-20de-4519-b097-de6ed63274c5", "node_type": null, "metadata": {"page_label": "191", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1b947d91288b32a66e6ad0d0aba1214193ff02fd5d2981c664154c44f53b759e"}}, "hash": "093438f2a801fac9938216bfcdf3ba9275a0543bda9b43a0c3bc7ddc0a373413", "text": "on disposal  -  - \nExchange difference on translation of foreign operations  (30.40)  (30.40)\n Balance as at 31 March 2022  4,055.50  4,055.50 \n Net carrying amount  As at 31 March 2022  11,449.23  11,449.23 \n As at 31 March 2021  10,579.59  10,579.59", "start_char_idx": 3202, "end_char_idx": 3453, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "996e1884-507c-4f5f-91e7-b36ef73d8a5c": {"__data__": {"id_": "996e1884-507c-4f5f-91e7-b36ef73d8a5c", "embedding": null, "metadata": {"page_label": "192", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "1a559473-d799-4a8b-a6e1-021f152e17c2", "node_type": null, "metadata": {"page_label": "192", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "fc3b02978639866eee032447eb012f7c5284f91e7cdf200ed307795dd85fd1d9"}}, "hash": "fc3b02978639866eee032447eb012f7c5284f91e7cdf200ed307795dd85fd1d9", "text": "191\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n* Refer note 35 \n5. Intangib le Assets\n Particulars  Computer \nsoftware  T echnical \nknow-how  Goodwill*  T otal \n Gross carrying value as at 1 April 2020  1,071.53  999.29  553.30  2,624.12 \n Additions  47.36  373.74  -  421.10 \n Disposals  9.68  -  -  9.68 \n Exchange difference on translation of foreign operations  6.89  (2.06)  -  4.83 \n Gross carrying value as at 31 March 2021  1,116.10  1,370.97  553.30  3,040.37 \n Additions  72.08  2,300.00  -  2,372.08 \n Disposals  436.09  288.17  -  724.26 \n Exchange difference on translation of foreign operations  (4.86)  (8.42)  -  (13.28)\n Gross carrying value as at 31 March 2022  747.23  3,374.38  553.30  4,674.91 \n Accumulated amortization \n Balance as at 1 April 2020  619.47  570.78  -  1,190.25 \n Amortization for the year  178.99  171.34  -  350.33 \n Accumulated amortization on disposal  9.68  -  -  9.68 \n Exchange difference on translation of foreign operations  3.67  (0.17)  -  3.50 \n Balance as at 31 March 2021  792.45  741.95  -  1,534.40 \n Amortization for the year  125.69  269.30  -  394.99 \n Amortization on disposal  434.60  288.17  -  722.77 \n Exchange difference on translation of foreign operations  (3.56)  (2.88)  -  (6.44)\n Balance as at 31 March 2022  479.98  720.20  -  1,200.18 \n Net carrying amount \n As at 31 March 2022  267.25  2,654.18  553.30  3,474.73 \n As at 31 March 2021  323.65  629.02  553.30  1,505.97 \n* Impairment testing of goodwill\nFor the purposes of impairment testing, goodwill is allocated to the Cash Generating Unit (CGU) which represents the lowest level at which \nthe goodwill is monitored for internal management reporting purposes.\n\"The recoverable amount of the cash generating unit was based on its value in use. The value in use of this unit was \ndetermined to be higher than the carrying amount and an analysis of the calculation\u2019s sensitivity towards change in key \nassumptions did not identify any probable scenarios where the CGU recoverable amount would fall below their carry amount.  \nValue in use was determined by discounting the future cash flows generated from the continuing use of the CGU. The calculation was based \non the following key assumptions:\ni. The anticipated annual revenue growth and margin included in the cash flow projections are based on past experience, actual operating \nresults and the 5-year business plan in all periods presented.\nii. The termina l growth rate ranges from 2% to 3% representing management view on the future long-term growth rate.\niii. Discount  rate ranging from 7% to 13% for all periods presented was applied in determining the recoverable amount of the \nCGU. The discount rate was estimated based on past experience and companies average weighted average cost of capital.\nThe values assigned to the key assumptions represent the management\u2019s assessment of future trends in the industry and based on both internal and external sources. \"", "start_char_idx": 0, "end_char_idx": 3087, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "2370ba82-e417-409b-81eb-1f903e819862": {"__data__": {"id_": "2370ba82-e417-409b-81eb-1f903e819862", "embedding": null, "metadata": {"page_label": "193", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "db87d87a-3fc0-4276-bede-956765fe028f", "node_type": null, "metadata": {"page_label": "193", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7f9cf803beaab7387407c5405e0a969555cbf6f706132f48ff8d49acae798dfc"}, "3": {"node_id": "21aa1058-4ac6-4050-9ab3-5a3363bf6c1f", "node_type": null, "metadata": {"page_label": "193", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a0f00ea7455744b3a02e9afcf0e9c4b7f92a4a7ffeb8c045ee450110b4e304ea"}}, "hash": "53f6e8a10520d7d24dc1d2892842c16ec38996dd28b413fb02a7fa3ee7421450", "text": "Sandhar Technologies Limited192\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n6. Equity accounted in vestees \n Particulars As at \n31 March 2022 As at \n31 March 2021 \nInvestment in equity shares (unquoted) \nIn joint ventures \n172.206 Lacs (31 March 2021: 161.979 Lacs) equity shares of Rs. 10/- each fully paid-\nup in Sandhar Han Sung T echnologies Private Limited  959.36  950.82 \n6.89 Lacs (31 March 2021: 6.89 Lacs) equity shares of Rs. 10/- each fully paid-up in Sandhar Ecco Green Energy Private Limited  139.18  140.92 \n68.65 Lacs (31 March 2021: 68.65 Lacs) equity shares of Rs. 10/- each fully paid-up in Jinyoung Sandhar Mechatronics Private Limited  -    72.88 \n266.20 Lacs (31 March 2021: 153.2 Lacs) equity shares of Rs. 10/- each fully paid-up in Sandhar Amkin Industries Private Limited  1,170.96  496.73 \nNIL (31 March 2021: 161.73 Lacs) equity shares of Rs. 10/- each fully paid-up in Sandhar Automotive Systems Private Limited (formerly known as Sandhar Daewha Automotive Systems Private Limited)#  -    1,213.79 \n0.107 Lacs (31 March 2021: 0.107 Lacs) equity shares of Rs. 10/- each fully paid-up in Sandhar Daeshin Auto Systems Private Limited  -    0.50 \n97.845 Lacs (31 March 2021: 83.241 Lacs) equity shares of Rs. 10/- each fully paid-up in Sandhar Whetron Electronics Private Limited  854.63  788.88 \n100.84 Lacs (31 March 2021: 100.84 Lacs) equity shares of Rs. 10/- each fully paid-up in Kwangsung Sandhar T echnologies Private Limited  671.57  983.95 \n0.099 Lacs (31 March 2021: 0.099 Lacs) equity shares of Rs. 10/- each fully paid-up in Sandhar Han Shin Automotive Private Limited  2.67  2.67 \n27.50 Lacs (31 March 2021: 27.500 Lacs) equity shares of Rs. 10/- each fully paid-up in Sandhar Han Shin Auto T echnologies Private Limited  180.31  204.12 \n4 Lacs (31 March 2021: 4 Lacs) equity shares of Rs. 100/- each fully paid-up in Winnercom Sandhar T echnologies Private Limited  417.12  380.44 \n0.98655 Lacs (31 March 2021: NIL ) equity shares of Rs.10/- each fully paid-up in Kwangsung Sandhar Automotive Systems Private Limited  98.66  -   \nNIL (31 March 2021: 0.09 Lacs) equity shares of Rs.10/- each fully paid-up in Sandhar Auto Castings Private Limited (formerly known as Sandhar Daeshin T echnologies Private Limited)@  -    0.87 \nT otal equity accounted investees  4,494.46  5,236.57 \nLess: Aggregate amount of impairment in the value of equity accounted investee* \nInvestment in Joint Ventures \n(i) In fully paid equity shares  (182.63)  (70.20)\nT otal aggregate amount of impairment  (182.63)  (70.20)\nT otal equity accounted investees (net of impairment)  4,311.83  5,166.37 \n*Breakup of impairment in the value of investments\n1. During the year ended 31 March 2022, the company performed an impairment assessment of its investment in equity shares and preference shares of Jinyoung \nSandhar Mechatronics Private Limited to compute the fair value of its investment. Based on management\u2019s assessment, as the fair value of the investment was lower \nthan", "start_char_idx": 0, "end_char_idx": 3106, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "21aa1058-4ac6-4050-9ab3-5a3363bf6c1f": {"__data__": {"id_": "21aa1058-4ac6-4050-9ab3-5a3363bf6c1f", "embedding": null, "metadata": {"page_label": "193", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "db87d87a-3fc0-4276-bede-956765fe028f", "node_type": null, "metadata": {"page_label": "193", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7f9cf803beaab7387407c5405e0a969555cbf6f706132f48ff8d49acae798dfc"}, "2": {"node_id": "2370ba82-e417-409b-81eb-1f903e819862", "node_type": null, "metadata": {"page_label": "193", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "53f6e8a10520d7d24dc1d2892842c16ec38996dd28b413fb02a7fa3ee7421450"}}, "hash": "a0f00ea7455744b3a02e9afcf0e9c4b7f92a4a7ffeb8c045ee450110b4e304ea", "text": "on management\u2019s assessment, as the fair value of the investment was lower \nthan the carrying amount of the investment, an impairment charge of Rs. 110.36 Lacs was recognized in the standalone financial statements as an exceptional item \nin Statement of Profit and Loss.  \n2. During the year ended 31 March 2020, the Company noted an impairment trigger on account of proposed discontinuation of business in its joint venture company \n(\u2018Sandhar Ecco Green Energy Private Limited\u2019). Company performed an impairment assessment of its investment in equity shares of Sandhar Ecco Green Energy Private Limited to compute the fair value of its investment. Based on management\u2019s assessment, as the fair value of the investment was lower than the carrying \namount of the investment, an impairment charge of Rs. 69.20 Lacs (31 March 2019 Rs. 74.08 Lacs) was recognized in the standalone financial statements. In absence \nof visibility of business in the joint venture, the financial statements of the JV have been prepared on non-going concern basis, where the assets and liabilities have \nbeen disclosed as a realizable basis. During the current year the Investment in joint venture has been shown at the realisable value.  \n3. During the year ended 31 March 2021, Sandhar Han Shin Automotive Private Limited, a joint venture of the company was struck off under section 248 of the \nCompanies Act, 2013. Hence company noted an impairment of investment amounting Rs. 1.00 Lacs.  \n4. During the year ended 31 March 2022, Sandhar Daeshin Auto Systems Private Limited, a joint venture of the company was struck-off under section 248 of the \nCompanies Act, 2013. Hence company noted an impairment of investments amounting Rs. 1.07 Lacs.  \n#The Company owned 52.18% shareholding in joint venture Sandhar Automotive Systems Private Limited (formerly known as Sandhar Daewha Automotive \nSystems Private Limited) and has purchased the remaining 47.82% stake from joint venture partner for Rs. 48.84 Lacs on 28 December 2021 through share purchase deed. Accordingly, Sandhar Automotive Systems Private Limited (formerly known as Sandhar Daewha Automotive Systems Private Limited) becomes \nwholly owned subsidiary w.e.f. 28 December 2021. The Company has recognised a tax of Rs 180.22 Lacs on net gain on acquisition of shares as per Income T ax Act, \n1961.   \n@ The Company has obtained control in Sandhar Auto Castings Private Limited (formerly known as Sandhar Daeshin T echnologies Private Limited) on 1 October \n2021 and hence it becomes wholly owned subsidiary w.e.f. 1 October 2021.", "start_char_idx": 3027, "end_char_idx": 5594, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "943c2f99-ac69-4298-b87f-e426be26f13b": {"__data__": {"id_": "943c2f99-ac69-4298-b87f-e426be26f13b", "embedding": null, "metadata": {"page_label": "194", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c005ee29-1319-40a2-8070-7aedfe0e5dc1", "node_type": null, "metadata": {"page_label": "194", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f5a111ecb8ac40fbecabdd1de55c58e712571f3232135c59d35eb80cd4165f3e"}}, "hash": "f5a111ecb8ac40fbecabdd1de55c58e712571f3232135c59d35eb80cd4165f3e", "text": "193\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n7. Financial assets\n Particulars As at \n31 March 2022As at \n31 March 2021\n Investments \nA.  Non - current Investments  \n Investments at fair value through profit and loss \n Investments in joint ventures \n (i) In vestments in preference shares (Unquoted) \n65.03 Lacs (31 March 2021: 65.03 Lacs) preference shares of Rs. 10/- each fully paid-\nup in Jinyoung Sandhar Mechatronics Private Limited  97.77  202.31 \n2 3.43 Lacs (31 March 2021: 23.43 Lacs) preference shares of Rs. 10/- each fully paid-up preference shares in Sandhar Han Sung T echnologies Private Limited  234.38  234.38 \n (ii) Non T rade investment (Unquoted) \n0.2 Lacs (31 March 2021: 0.2 Lacs) shares of Rs. 10/- each fully paid-up in VNM Polymers Private Limited  97.24  84.05 \n (iii)  In vestment in unquoted mutual funds \nFranklin India Low Duration Fund 3,769.575 units (31 March 2021: 98,483.057 units)  1.22  22.86 \nFranklin India Ultra Short Bond Fund 21,543.749 units (31 March 2021: 440,582.743  units)  7.38  130.96 \nFranklin India Low Duration bond fund- Segregated Portfolio 2,20,514.706 units  \n(31 March 2021: Nil units) 0.75  -   \nICICI Prundential Fund 11,62,212.79 units (31 March 2021:Nil units)  575.88  -   \nT otal investments  1,014.62  674.56 \nAggregate value of unquoted investments  1,014.62  674.56 \nCurrent  585.23  153.82 \nNon-Current  429.39  520.74 \n Particulars As at \n31 March 2022As at \n31 March 2021\nB.  Loans \n Loans recoverable from related parties - Current  -    638.18 \n Loans to employees - Current  43.48  40.40 \n T otal loans  43.48  678.58 \n Break up of total loans \n(a) Unsecured and considered good  43.48  678.58 \n 43.48  678.58 \n Current  43.48  678.58 \n Non-current  -   -   \n Particulars As at \n31 March 2022As at \n31 March 2021\nC. Trade receivables \n(unsecured and considered good, unless otherwise stated) \nTrade receivables*  41,094.71  35,745.84 \nUnbilled Revenue  3,442.71  3,546.49 \nT otal trade receivables  44,537.42  39,292.33 \n* For explanations on the Company\u2019s credit risk management processes, refer to Note 38.\nTrade Receivables ageing schedule as on March 31, 2022", "start_char_idx": 0, "end_char_idx": 2277, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b67b08ba-661b-44b4-9942-8323b55f55ac": {"__data__": {"id_": "b67b08ba-661b-44b4-9942-8323b55f55ac", "embedding": null, "metadata": {"page_label": "195", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "730edc92-2e77-482d-a70e-67e7059bcd92", "node_type": null, "metadata": {"page_label": "195", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "21ff3767c6ccc3d5ee1476debfb7d08c6ecc2132cf5171d890171ca4a97804a1"}}, "hash": "d4e8f42de0f60bb73acd0ad6632bc9d34ae58db4bcc644013960eb87e1a9315e", "text": "Sandhar Technologies Limited194\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nParticulars Outstanding for the following periods from due date of payments  T otal\nLess than \n6 months6 months - \n1  year1-2 year 2-3 Years More than \n3 years\ni) Undisp uted Trade receivables- considered good 44,532.25  2.55  2.62  -   -   44,537.42 \nii) Undisp uted Trade receivables- which have \nsignificant increase in credit risk -   -    -   -    -   -   \niii) Undisp uted Trade Receivables- credit Impaired  -   -    -   -    -   -   \niv) Disputed T rade Receivables- considered good  -   -    -   -    -   -   \nv) Disputed T rade receivables- which have \nsignificant increase in credit risk -   -    -   -    -   -   \nvi) Disputed T rade Receivables- credit Impaired  -   -    -   -    -   -   \nTrade Receivables ageing schedule as on March 31, 2021\nParticularsOutstanding for the following periods from due date of \npayments  T otalLess than 6 \nmonths6 months - \n1  year1-2 year 2-3 YearsMore than \n3 years\ni) Undisp uted Trade receivables- considered good  39,233.67  19.05  26.02  6.97  6.62  39,292.33 \nii) Undisp uted Trade receivables- which have \nsignificant increase in credit risk -  -  -   -    -   -   \niii) Undisp uted Trade Receivables- credit Impaired  -  -  -   -    -   -   \niv) Disputed T rade Receivables- considered good  -  -  -   -    -   -   \nv) Disputed T rade receivables- which have \nsignificant increase in credit risk -  -  -   -    -   -   \nvi) Disputed T rade Receivables- credit Impaired  -  -  -   -    -   -   \n Particulars As at \n31 March 2022As at \n31 March 2021\nD.  Cash and cash equivalents \n Balances with banks: \n\u2013 In current accounts  399.62  438.65 \n Cash on hand  10.77  18.25 \n Deposits with original maturity for less than three months   -    140.00 \n T otal Cash and cash equivalents  410.39  596.90 \nE.  Other Bank balances \n In current account for equity dividend  1.07  0.74 \n Deposits with original maturity for more than 3 months but less than 12 months*  250.70  513.88 \n T otal other bank balances  251.77  514.62 \n*These deposits are held as margin money deposits with government authorities.\nF.  Other financial assets \n Security deposits - Non Current  2,101.95  1,208.78 \n Interest accrued but not due on fixed deposits  20.37  16.12 \n Bank deposit with original maturity of more than 12 months  54.59  1.85 \n Other advances recoverable  1,515.49  1,479.19 \n T otal other financial assets  3,692.40  2,705.94 \n Current  1,535.86  1,495.31 \n Non-current  2,156.54  1,210.63", "start_char_idx": 0, "end_char_idx": 2628, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "70693818-d7ce-418d-821e-fa055fcc0571": {"__data__": {"id_": "70693818-d7ce-418d-821e-fa055fcc0571", "embedding": null, "metadata": {"page_label": "196", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "057c6c6a-e92b-405c-a1fe-4a8d28dbbd0a", "node_type": null, "metadata": {"page_label": "196", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "00491e4e160d54e8d1ca36b9cc70a025d63d68131ec7113c3931b297694f2bf5"}}, "hash": "039977e788796b8c49114df6f88d0392663dd01db7184d6fa06d8d9053b97531", "text": "195\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n 8. In ventories\n(Valued at lower of cost and net realizable value)\n Particulars As at \n31 March 2022As at \n31 March 2021\n Raw materials {includes goods in transit of Rs. 575.70 Lacs (31 March 2021: Rs. 756.43 Lacs)}  12,050.75  10,184.89 \n Work in progress  4,316.03  2,983.12 \n Finished goods {includes goods in transit of Rs. 458.97 Lacs (31 March 2021: Rs. 628.84 Lacs)}  4,297.33  3,383.29 \n Stores and spares  5,384.08  4,665.07 \n 26,048.19  21,216.37 \n Provision for inventory obsolescence  (78.40)  (79.47)\nT otal inventories at the lower of cost and net realisable value  25,969.79  21,136.90 \n9. Other assets \n Particulars As at \n31 March 2022As at \n31 March 2021\n Other non - current assets \nA.  Capital advances \n (Unsecured and considered good, unless otherwise stated) \n Unsecured and considered good.  3,118.95  176.04 \n T otal capital advances  3,118.95  176.04 \nB.  Income-tax asset \n (Unsecured and considered good, unless otherwise stated) \n Advance income-tax (net of provision for taxation) (refer note 17)  610.41  505.84 \n T otal income-tax asset  610.41  505.84 \n Other current assets \nC.  Other advances  Unsecured, considered good.  680.40  658.44 \n Doubtful  -   -   \n T otal other advances  680.40  658.44 \n Less: Loss allowance  -   -   \n T otal net other advances  680.40  658.44 \nD.  Prepaid expenses \n Prepaid expenses  606.65  339.24 \n 606.65  339.24\nE.  Balance with statutory / government authorities  (Unsecured and considered good, unless otherwise stated)  Unsecured, considered good  5,255.85  1,354.05 \n T otal balance with statutory / government authorities  5,255.85  1,354.05 \nF.  Plan Assets \n Plan asset over defined benefit obligation  -    160.78 \n T otal Balance in Plan Assets  -    160.78 \n T otal other current assets (C+D+E+F)  6,542.90  2,512.51", "start_char_idx": 0, "end_char_idx": 1984, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "69f8f866-ad92-4041-9bf8-c1204a3370c3": {"__data__": {"id_": "69f8f866-ad92-4041-9bf8-c1204a3370c3", "embedding": null, "metadata": {"page_label": "197", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "38636b13-24a2-4e71-b967-47b10b83b698", "node_type": null, "metadata": {"page_label": "197", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b1f9f10f1b367ea9d6eb2226e6dbdcacbb71259c594ad0db204eaddf459d686e"}, "3": {"node_id": "5c80ca78-60ac-4460-95b6-24726f02f263", "node_type": null, "metadata": {"page_label": "197", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7645f9675b147d880659be3d3c44499c7c6d73107c05b2086f5836bc21c74fd3"}}, "hash": "23b31f7db481ef55f4eaf6779501628ba417f56f962580b1270a4732dac859bb", "text": "Sandhar Technologies Limited196\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n10. Share capital \nParticulars As at \n31 March 2022As at \n31 March 2021\n A.  Authorised share capital \n680 lacs equity shares of Rs.10 each  \n(31 March 2021: 680 lacs equity shares of Rs.10 each) 6,800.00  6,800.00 \n2 lacs preference shares of Rs.100 each  \n(31 March 2021: 2 lacs preference shares of Rs.100 each) \u201c 200.00  200.00 \n 7,000.00  7,000.00 \n B.  Issued, subscribed and fully paid equity capital \n601.91 lacs equity shares of Rs. 10 each fully paid up  \n(31 March 2021: 601.91 lacs equity shares of Rs. 10 each)  6,019.07  6,019.07 \n 6,019.07  6,019.07 \nC.  Reconciliation of the equity share outstanding at beginning and at end of the year  Particulars As at \n31 March 2022As at \n31 March 2021\n Rs. in Lacs  Rs. in Lacs \n Equity shares outstanding at the beginning of the year  6,019.07  6,019.07 \n Issued during the year  -   -   \n Outstanding at the end of the year  6,019.07  6,019.07 \n Rights, preferences and restrictions attached to equity shares  \nThe Compan y has one class of equity shares having par value of Rs.10 per share (31 March 2021: Rs.10 per share). Each holder of equity shares is entitled to one \nvote per share. The Company declares and pays dividend in Indian rupees.  \nThe company has paid final dividend of Rs. 1.00 per equity share of face value Rs. 10 each, which was declared on 21 May 2021.  \nIn the event of liquidation of the Company, the share holders of equity shares will be entitled to receive remaining assets of the Company, after distribution of all \npreferential amounts. The distribution will be in proportion to the number of equity shar es held b y the share holders.\nD.  Details of shareholders holding more than 5% shares in the Company\n Particulars  No. of shares in Lacs % of shareholding\n Jayant Davar*  314.31 52.22%\n* 90,909 Equity Shares are held by Mr. Jayant Davar in his Capacity as proprietor of Sandhar Enterprises \nDetails of shares held by promoters as at 31 March 2022 \n Particulars  No. of shares in \nLacs \n(1 April 2021) Change during the \nyear  No. of shares in \nLacs \n(31 March 2022) % change during \nthe year% of share -\nholding\nJayant Davar  314.15  0.16  314.31 0.05% 52.22%\nMonica Davar  26.23  -    26.23 0.00% 4.36%\nNeel Jay Davar  15.56  -    15.56 0.00% 2.59%\nDharmendar Nath  Davar  8.40  -    8.40 0.00% 1.39%\nSantosh Davar  7.86  -    7.86 0.00% 1.31%\nPoonam Juneja  0.62  -    0.62 0.00% 0.10%\nSanjeevni Impex Private Limited  16.85  -    16.85 0.00% 2.80%\nYSG Estates Private Limited  16.62  -    16.62 0.00% 2.76%\nSandhar Infosystems Limited  7.94  -    7.94 0.00% 1.32%\nJubin Finance And Investment Ltd  5.74  -    5.74 0.00% 0.95%\nSandhar Estates Private Limited  3.50", "start_char_idx": 0, "end_char_idx": 2852, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5c80ca78-60ac-4460-95b6-24726f02f263": {"__data__": {"id_": "5c80ca78-60ac-4460-95b6-24726f02f263", "embedding": null, "metadata": {"page_label": "197", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "38636b13-24a2-4e71-b967-47b10b83b698", "node_type": null, "metadata": {"page_label": "197", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b1f9f10f1b367ea9d6eb2226e6dbdcacbb71259c594ad0db204eaddf459d686e"}, "2": {"node_id": "69f8f866-ad92-4041-9bf8-c1204a3370c3", "node_type": null, "metadata": {"page_label": "197", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "23b31f7db481ef55f4eaf6779501628ba417f56f962580b1270a4732dac859bb"}}, "hash": "7645f9675b147d880659be3d3c44499c7c6d73107c05b2086f5836bc21c74fd3", "text": "0.00% 0.95%\nSandhar Estates Private Limited  3.50  -    3.50 0.00% 0.58%", "start_char_idx": 2803, "end_char_idx": 2875, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3e55aade-aff3-46e1-81cc-8ed7742ab218": {"__data__": {"id_": "3e55aade-aff3-46e1-81cc-8ed7742ab218", "embedding": null, "metadata": {"page_label": "198", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "9b9627a2-b0fc-49db-9634-06612f1aff47", "node_type": null, "metadata": {"page_label": "198", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e939c6525311fb14460d0119ba4e16805caac159a395950f60a1d681fa9427a0"}}, "hash": "0a6b844b9c7518517fecd61ee91ca9799d82ffe45db1aae564e32273dc0e026a", "text": "197\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nDetails of shares held by promoters as at 31 March 2021\nParticulars  No. of shares in \nLacs \n(1 April 2020)  Change during \nthe year  No. of shares in \nLacs \n(31 March 2021)  % change during \nthe year % of \nshareholding\nJayant Davar  313.75  0.40  314.15 0.13% 52.19%\nMonica Davar  26.23  -  26.23 0.00% 4.36%\nNeel Jay Davar  15.56  -  15.56 0.00% 2.59%\nDharmendar Nath Davar  8.40  -  8.40 0.00% 1.39%\nSantosh Davar  7.86  -  7.86 0.00% 1.31%\nPoonam Juneja  0.62  -  0.62 0.00% 0.10%\nSanjeevni Impex Private Limited  16.85  -  16.85 0.00% 2.80%\nYSG Estates Private Limited  16.62  -  16.62 0.00% 2.76%\nSandhar Infosystems Limited  7.94  -  7.94 0.00% 1.32%\nJubin Finance And Investment Ltd  5.74  -  5.74 0.00% 0.95%\nSandhar Estates Private Limited  3.50  -  3.50 0.00% 0.58%\n11. Other equity\n Particulars As at \n31 March 2022As at \n31 March 2021\nCapital reserve \nAt the beginning and end of the year  3,190.97  3,190.97 \nAdd: Addition during the year  724.49  -   \n 3,915.46  3,190.97 \nSecurities Premium\nBalance at the beginning of the year  27,859.67  27,859.67 \nLess: Share issue expenses  -   -   \nBalance at the end of the year  27,859.67  27,859.67 \nRetained earnings\nBalance at the beginning of the year  42,594.79  38,027.77 \nAdjustment on account of conversion of joint venture into subsidiary  (0.13)  -   \nAdd: Profit for the year  5,574.87  5,776.86 \nLess: Dividend on equity shares (Final)  (607.93)  (451.43)\nLess: Dividend on equity shares (Interim)  -    (758.41)\nBalance at the end of the year  47,561.60  42,594.79 \nOther comprehensive income\na. Exchange differences on translation of foreign operationsBalance at the beginning of the year  649.53  616.47 \nExchange differences on translation  (3.13)  44.08 \nIncome tax relating to Exchange differences on translation  0.78  (11.02)\nBalance at the end of the year  647.18  649.53 \nb. Remeasurements of defined benefit liability\nBalance at the beginning of the year  123.47  531.06 \nRe-measurement of defined benefit liabilities  (310.47)  (544.67)\nIncome tax relating to re-measurement (gain)/ loss on defined benefit liabilities  78.17  137.08 \nBalance at the end of the year  (108.83)  123.47 \nT otal of other equity  79,875.08  74,418.43", "start_char_idx": 0, "end_char_idx": 2396, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "eeb8ecdb-45ff-44b0-b017-4b8318d76bf7": {"__data__": {"id_": "eeb8ecdb-45ff-44b0-b017-4b8318d76bf7", "embedding": null, "metadata": {"page_label": "199", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "6ed93629-32ec-49e5-8bc6-223fd4effedd", "node_type": null, "metadata": {"page_label": "199", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "0d9ce53be8b8ff6162bf6135eff6d4cacceaba35fa69382a3c0bcdbb1f2c7bcf"}, "3": {"node_id": "0b1d0d14-b0f9-4c76-8d06-be09e0918bf5", "node_type": null, "metadata": {"page_label": "199", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7f025cdea5d898307a5a1aff647add1ded2566b60dcfcca04598742503fa1ae0"}}, "hash": "8eec5035083cd1a09eb1364b9908844193d0c978a123cc00f053e1bd44fd5402", "text": "Sandhar Technologies Limited198\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nNature and purpose of other equity\n1. Capital Reserve: \nThis represents Capital reserv e created during the year ended 31 March 2013, consequent to the approval by the Hon\u2019ble High Court of Delhi of the scheme of \namalgamation of MAG Engineering Private Limited with the Company and will be utilised as per the requirements of the Companies Act, 2013.  \n2. Securities premium:\nSecurities premium is used to record the premium receiv ed on issue of shares. It is utilised in accordance with the provisions of the Companies Act, 2013.\n3. Re-measurements of defined benefit obligation: \nRe-measurements of defined benefit obligation comprises actuarial gains and loss es.  \n4. Retained Earnings:  \nThis represents the cummulative profits for the Group.\n12. Non - controlling interest\nParticulars As at \n31 March 2022As at \n31 March 2021\n Sandhar T ooling Private Limited \n Balance at the begninning of the year  369.06  362.56 \n Share of profit for the year  18.07  6.50 \n Balance at the end of the year  387.13  369.06 \n Revenue  1,442.54  1,181.93 \n Profit  99.88  39.76 \n Other comprehensive income  (9.90)  (7.39)\n T otal comprehensive income  89.98  32.37 \n Profit allocated to non-controlling interest  20.06  7.99 \n Other comprehensive income allocated to non-controlling interest  (1.99)  (1.49)\n T otal comprehensive income allocated to non-controlling interest  18.07  6.50 \n Cash flows from operating activities  2.25  60.01 \n Cash flows from/ (used in) investing activities  7.49  (56.14)\n Cash flows used in financing activities  (19.29)  (18.34)\n Net increase/ (decrease) in cash and cash equivalents  (9.55)  (14.47)\n13. Borrowings\nParticulars As at \n31 March 2022As at \n31 March 2021\nA. Non-current borrowingsT erm LoansIndian rupee loan from banks (secured) (refer note A)  12,460.52  -   \nIndian rupee loan from others (secured) (refer note B,C)  2,000.00  5.31 \nEUR Loan from Santander (unsecured) (refer note D)  351.36  10.75 \nEUR loan from Bankinter (unsecured) (refer note K)  588.10  -   \nEUR Loan multiple bankers ICO COVID19 (Unsecured) (refer note G)  1,576.36  2,446.80 \nEUR Credit multiple bankers ICO COVID19 (Unsecured) (refer note G)  2,015.31  1,722.25 \nUSD Loan from Banamex (Secured) (refer note H)  946.02  1,283.00 \nEUR Loan from ICF (Unsecured) (refer note E)  2,502.16  2,149.03 \nEUR Loan from ICICI Bank (Secured) (refer note I)  1,082.78  1,538.70 \nEUR loan from BBVA (Secured) (refer note J)  650.12  -   \nLease financing loans from financial institutions (Secured) (refer note F)  519.61  772.56 \nT otal non-current borrowings  24,692.34  9,928.40 \nSecured  17,659.05  3,599.57 \nUnsecured  7,033.29  6,328.83 \nB. Current borrowings\na) Current maturities of long term borrowingsIndian rupee loan from banks (secured) (refer note A)", "start_char_idx": 0, "end_char_idx": 2963, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0b1d0d14-b0f9-4c76-8d06-be09e0918bf5": {"__data__": {"id_": "0b1d0d14-b0f9-4c76-8d06-be09e0918bf5", "embedding": null, "metadata": {"page_label": "199", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "6ed93629-32ec-49e5-8bc6-223fd4effedd", "node_type": null, "metadata": {"page_label": "199", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "0d9ce53be8b8ff6162bf6135eff6d4cacceaba35fa69382a3c0bcdbb1f2c7bcf"}, "2": {"node_id": "eeb8ecdb-45ff-44b0-b017-4b8318d76bf7", "node_type": null, "metadata": {"page_label": "199", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8eec5035083cd1a09eb1364b9908844193d0c978a123cc00f053e1bd44fd5402"}}, "hash": "7f025cdea5d898307a5a1aff647add1ded2566b60dcfcca04598742503fa1ae0", "text": "borrowingsIndian rupee loan from banks (secured) (refer note A)  468.75  -   \nIndian rupee loan from others (secured) (refer note C)  5.31  18.54 \nEUR Loan from Santander (unsecured) (refer note D)  73.96  59.10 \nEUR Loan multiple bankers ICO COVID19 (Unsecured) (refer note G)  815.02  33.57 \nUSD Loan from Banamex (Secured) (refer note H)  283.81  183.29", "start_char_idx": 2900, "end_char_idx": 3256, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7bc1fa5c-1bc8-4432-862c-6268d7e337e9": {"__data__": {"id_": "7bc1fa5c-1bc8-4432-862c-6268d7e337e9", "embedding": null, "metadata": {"page_label": "200", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e0b673c9-dd82-4b4d-bd51-88ea83eb8a8f", "node_type": null, "metadata": {"page_label": "200", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "995b20483d74cecea0952315466487cc49bd47f5e29ada9e141f9f05ba7f6e1d"}, "3": {"node_id": "57403620-c06a-49d4-8239-942e109d5bcf", "node_type": null, "metadata": {"page_label": "200", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ad943c3b3b1eef7de01d2d776875de2b14c753ac23c03f865ec77b8b98c3573c"}}, "hash": "f35d48ba2e2e809409f4e987ae7da167de2cb65ca6e59dba63a3af93ea6e3d55", "text": "199\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nParticulars As at \n31 March 2022As at \n31 March 2021\nEUR Loan from ICF (Unsecured) (refer note E)  287.74  -   \nEUR loan from BBVA (Secured) (refer note J)  114.74  -   \n EUR Loan from ICICI Bank (Secured) (refer note I)  336.86  -   \n Lease financing loans from financial institutions (Secured) (refer note F)  236.74  453.96 \nT otal Current maturities of long term borrowings  2,622.93  748.46 \nb) Ca sh credit from banks (secured) (refer note l)\nCa sh credit/WCDL/Buyer\u2019s line of credit from banks (secured by CL, CGT or SBLC \nfrom STL or by invoices financed) 19,248.89  11,379.54 \nc) Ca sh credit from banks (unsecured) (refer note M)  5,000.00  -   \nT otal current borrowings  26,871.82  12,128.00 \nAggregate secured loans  20,695.09  12,035.33 \nAggregate unsecured loans  6,176.73  92.67 \nParticulars As at \n31 March 2022As at \n31 March 2021\n T erms of borrowings: \n(A) T erm loan from CITI Bank Indian rupee Loan of Rs. 750,000,000 carries interest rate of \n5.75% p.a. The loan is repayable in 16 quarterly instalments of Rs. 46,875,000 from January, \n2023 12,929.27  -   \n(B) T erm loan from Bajaj Finserve Ltd Indian rupee Loan of Rs. 200,000,000 carries interest rate of 5.75%-6.00% p.a. The loan is repayable in 16 quarterly instalments of Rs. 125,00,000 from April, 2023  2,000.00  -   \n(C) Vehicle loan are from banks are secured by hypothecation of the financed vehicle and WCDL from Federal bank 5.31  23.85 \n(D) EUR loan from Santander carries interest @ 1.95% p.a. repayable in 24 monthly instalments \nof Eur 6,250 (plus interest) from May 2020 to April 2022 425.32  69.85 \n(E) EUR loan from ICF carries interest @ 2.5% p.a. repayable in 48 monthly instalments of Eur \n54,785 from September 2020 to August 2025 2,789.90  2,149.03 \n(F) Lease financing loans from financial institutions (Some of which with Comfort letter from Parent company), carries interest @ 1.75% to 4.28%, monthly instalment ranging from Eur 146 to EUR 7,474. (Secured) 756.35  1,226.52 \n(G) EUR loan multiple bankers ICO COVID19 carries interest @ 1.5% to 3.55% (average 2%), repayable from 3 to 5 years in monthly instalment ranging from Eur 3,222 to EUR 19,212 4,406.70  4,202.62 \n(H) USD Loan from Banamex in STM (SBLC \u00a0guarantee from STL and has a charge on several assets of STM) carries interest of 1 month USD Libor+1.4% payable in 16 quarterly installments of USD 125,000 from July 2021 to January 2025.  1,229.83  1,466.29 \n(I) EUR loan from ICICI Bank\u00a0 (Corporate guarantee from Parent company), carries interest of 3.25% repayable from in 17 quarterly installments of EUR 100,240 (plus interest) from March 2022 to March \u00a02026 and a last installment of EUR 85,920 (plus interest)", "start_char_idx": 0, "end_char_idx": 2866, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "57403620-c06a-49d4-8239-942e109d5bcf": {"__data__": {"id_": "57403620-c06a-49d4-8239-942e109d5bcf", "embedding": null, "metadata": {"page_label": "200", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e0b673c9-dd82-4b4d-bd51-88ea83eb8a8f", "node_type": null, "metadata": {"page_label": "200", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "995b20483d74cecea0952315466487cc49bd47f5e29ada9e141f9f05ba7f6e1d"}, "2": {"node_id": "7bc1fa5c-1bc8-4432-862c-6268d7e337e9", "node_type": null, "metadata": {"page_label": "200", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f35d48ba2e2e809409f4e987ae7da167de2cb65ca6e59dba63a3af93ea6e3d55"}}, "hash": "ad943c3b3b1eef7de01d2d776875de2b14c753ac23c03f865ec77b8b98c3573c", "text": "to March \u00a02026 and a last installment of EUR 85,920 (plus interest) \u00a0in June 2026. 1,419.64  1,538.70 \n(J) EUR loan from BBVA (Corporate guarantee from Parent company), carries interest of 1.90% repayable in 84 months installments o EUR 12,723,38 (including interest) from August 2021 to July  2028. 764.86  -   \n(K) EUR loan from Bankinter (Unsecured) carries interest @ 2.82% repayable in 60 monthly \ninstalments of Eur 12,522.17 (including interest) from Apr. 2023 to Mar, 2028. It has 1 year \nmoratory period from Apr. 2022 to Mar, 2023. 588.10  -   \n(L) Cash credits from banks are secured by way of first pari passu charge on the  inventory and \nbooks debts of the company. 19,248.89  11,379.54 \n(M) Cash credit from banks (unsecured)  5,000.00 -", "start_char_idx": 2799, "end_char_idx": 3551, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ab2985d0-2486-4b89-ab21-8219bd479f85": {"__data__": {"id_": "ab2985d0-2486-4b89-ab21-8219bd479f85", "embedding": null, "metadata": {"page_label": "201", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "675fa547-8255-40f7-9d1a-ba13ed9ec205", "node_type": null, "metadata": {"page_label": "201", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2107f3cfcdad0efc9f12a5c0dadadacc5b0d55f553fb95068a2e317a1d54868a"}, "3": {"node_id": "a14da47b-771c-47b4-ade1-d3978946e6e6", "node_type": null, "metadata": {"page_label": "201", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ae97084017c929743c115ea28d223e2eed34aa392b4cc4daaf7b11357805ad48"}}, "hash": "9dcdd6dec1f6bff1a890ef5e619a80088a1a56aa1806fb5c6bf639c8038950c8", "text": "Sandhar Technologies Limited200\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nAbo ve term loans are secured by:\n1. First pari passu charge on t he entire present and future movable property, plant and equipment of the borrower excluding those \nassets which are specifically funded by other lenders/Financial Institutions\n2. First pari passu charge on im movable properties, of the borrower as detailed below: \ni. 4, HSIDC Industria l Area, Delhi Gurgaon Road, Gurgaon\nii. 3, HSIDC Industria l Area, Delhi Gurgaon Road, Gurgaon\niii. Pla nt at Village Dhumaspur, P .O Badshahpur, Gurgaon\niv. Plot  no. 24, Sector 3, IMT Manesar, Haryana\nv. Plot  no. 44, Sector 3, IMT Manesar, Haryana\nvi. Plot  no. 8, Bommasandra- Jigani Link Road Industrial Area, Hubli\nvii. Plot  # 12c, Sy No. 47 & 50, KIADB, Bangalore\nviii. Plot  # 13a, Sy No. 47 & 50, KIADB, Bangalore\nix. Sa ndhar Himachal, Bharatgarh Road, T ehsil Nalagarh, District Solan, Himachal Pradesh\nx. Plot  No. 7A, KIADB Industrial Area, Attibele Hobli, Anekal T aluk, Bangalore\n3. Second P ari passu charge on entire present and future current assets of the borrower other than vehicles which are  financed \nexclusively by other lenders. ;Unless mentioned otherwise\nDisclosures as per revised schedule III:\n1. The Com pany has utilised the borrowings for the purpose it was taken.\n2. The quarterly returns/ statements of current assets filed wit h the banks/ financial institutions are in agreement with the books of \naccounts.\n 14. T rade payables \nParticulars As at \n31 March 2022As at \n31 March 2021\nTrade payables of micro enterprises and small enterprises  11,591.36  3,832.45 \nTrade payables other than micro enterprises and small enterprises  26,065.99  31,557.91 \nAcceptances*  2,121.18  3,764.01 \nT otal trade payables  39,778.53  39,154.37 \nT erms and conditions of the above financial liabilities:\nFor explanations on the Company\u2019s credit risk management processes, refer to Note 38.  \n*Acceptances are arrangements where operational suppliers of goods and services are initially paid by banks/ financial institutions while \nthe Company continues to recognise the liability till settlement with the banks/financial institutions,which are normally effected within a \nperiod of 90 days.\nTrade Payables ageing schedule as on March 31, 2022\nParticularsOutstanding for following periods from due date of payment T otal\n Less than 1 \nYear  1 - 2 Years  2 - 3 Years  More than 3 \nYears \n(i) MSME  11,554.36  21.13  7.78  8.09  11,591.36 \n(ii) Others  28,131.28  32.59  2.37  20.93  28,187.17 \n(iii) Disputed dues \u2014 MSME  -   \n(iv) Disputed dues \u2014 Others  -   \nTrade Payables ageing schedule as on March 31, 2021\nParticularsOutstanding for following periods from due date of payment T otal\n Less than 1 \nYear  1 - 2 Years  2 - 3 Years  More than 3 \nYears \n(i) MSME  3,827.17  5.28  -    -    3,832.45 \n(ii) Others  35,250.47  29.07  9.39  32.99  35,321.92 \n(iii) Disputed dues \u2014 MSME  -  -  -    -    -", "start_char_idx": 0, "end_char_idx": 3070, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a14da47b-771c-47b4-ade1-d3978946e6e6": {"__data__": {"id_": "a14da47b-771c-47b4-ade1-d3978946e6e6", "embedding": null, "metadata": {"page_label": "201", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "675fa547-8255-40f7-9d1a-ba13ed9ec205", "node_type": null, "metadata": {"page_label": "201", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2107f3cfcdad0efc9f12a5c0dadadacc5b0d55f553fb95068a2e317a1d54868a"}, "2": {"node_id": "ab2985d0-2486-4b89-ab21-8219bd479f85", "node_type": null, "metadata": {"page_label": "201", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9dcdd6dec1f6bff1a890ef5e619a80088a1a56aa1806fb5c6bf639c8038950c8"}}, "hash": "ae97084017c929743c115ea28d223e2eed34aa392b4cc4daaf7b11357805ad48", "text": "dues \u2014 MSME  -  -  -    -    - \n(iv) Disputed dues \u2014 Others  -  -  -    -    -", "start_char_idx": 3040, "end_char_idx": 3118, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1b4b0c9d-d7bf-479e-8d06-d3ae9cd84cc6": {"__data__": {"id_": "1b4b0c9d-d7bf-479e-8d06-d3ae9cd84cc6", "embedding": null, "metadata": {"page_label": "202", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "95e1061d-46a4-4cf6-a304-62bc276b5eb8", "node_type": null, "metadata": {"page_label": "202", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "db8c1755d2a2e8198929ea287a57023b9a65f51b4b569832427b3148e5065f12"}}, "hash": "db8c1755d2a2e8198929ea287a57023b9a65f51b4b569832427b3148e5065f12", "text": "201\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n 15. Other financial liabilities \n Particulars As at \n31 March 2022As at \n31 March 2021 \nFinancial liabilities at amortised cost\nPayables for capital goods - current  2,229.91  1,049.05 \nPayables for capital goods - non current  36.89  195.96 \nInterest accrued but not due  0.03  0.14 \nInterest accrued and due on borrowings  25.77  2.13 \nUnpaid equity dividend  1.07  0.74 \nSecurity deposit payable - current  81.95  81.87 \nProvision for Interest -MSMEDA  128.38  74.19 \nLease liabilities - non current  8,328.50  7,841.39 \nLease liabilities - current  1,526.34  1,136.49 \nT otal financial liabilities at amortised cost  12,358.84  10,381.96 \nCurrent  3,993.45  2,344.61 \nNon-current  8,365.39  8,037.35 \n16. Other current liabilities\n Particulars  As at \n31 March 2022As at \n31 March 2021 \n Advance from customers  2,155.46  2,053.25 \n Statutory dues  1,795.18  1,786.82 \n Other Payable  722.13  560.33 \n T otal  4,672.77  4,400.40 \n17. Provisions\n Particulars As at \n31 March 2022 As at \n31 March 2021\n Provision for employee benefits  Provision for gratuity (refer note 31)  245.04  68.39 \n Provision for leave benefits  728.53  678.27 \n Other provisions \n Provision for income tax (net of tax paid) (refer note 9B)  617.67  400.36 \n Provision for warranties*  64.94  51.24 \n T otal  1,656.18  1,198.26 \n Current  1,555.27  1,096.25 \n Non-current  100.91  102.01 \n*Provision for warranties \n At the beginning of the year  51.24  52.87 \n Accrued during the year  91.23  52.81 \n Utilized during the year  (77.53)  (54.44)\n At the end of the year  64.94  51.24 \nProvision is recognized for expected warranty claims on products sold during the last two to five years, based on past experience of level \nof repairs and returns. It is expected that the most of this cost will be incurred in the next financial year. Assumption used to calculate the \nprovision for warranties were based on current sales level and current information available about returns based on the two to five year \nwarranty period for all products sold.", "start_char_idx": 0, "end_char_idx": 2210, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3b1ec20c-5e64-4cdd-b8e9-be0183470c0f": {"__data__": {"id_": "3b1ec20c-5e64-4cdd-b8e9-be0183470c0f", "embedding": null, "metadata": {"page_label": "203", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "d7738946-c838-400a-b9db-b207e14b321f", "node_type": null, "metadata": {"page_label": "203", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "d00ac3849e0eadd5d3f8ebb8974fc7991181a1db20dcf344c2fc7b03c462e1fd"}}, "hash": "6ee83fc4784acf0cb863a12f0cf51ee8b7ebc017cb5e3d801e8bed52450bc352", "text": "Sandhar Technologies Limited202\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n18. Deferred tax liabilities (net) \nParticulars As at \n31 March 2022 As at \n31 March 2021\n Items leading to creation of deferred tax assets \n-Post-employment benefits  249.32  192.46 \n-Provision for doubtful debt & advances  75.00  75.00 \n-Employee benefits  116.67  118.70 \n-Fair value measurement  34.00  -   \n -Impact of IND-AS 116  531.35  123.45 \n T otal deferred tax assets  1,006.34  509.61 \n Items leading to creation of deferred tax liabilities \n-Property, plant and equipment: Impact of difference between tax and depreciation/\namortization charged for the financial reporting  1,908.55  1,799.30 \n-Impact of IND-AS 116  285.85  298.33 \n-Fair value measurement  14.98  8.33 \n T otal deferred tax liabilities  2,209.38  2,105.96 \n Net deferred tax assets/(liabilities)  (1,203.04)  (1,596.35)\n19. Re venue from operations\nParticulars For the year ended\n31 March 2022 For the year ended\n31 March 2021 \nSale of products  227,030.26  182,024.79 \nSale of services  2,130.83  2,120.50 \nOther operating revenue \nScrap sale  3,209.14  2,211.22 \nRevenue from operations  232,370.23  186,356.51 \n20. Other income \nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\nOther non-operating income \n Dividend income on long-term investments  -    113.05 \n Profit on sale of short term investment  3.30  28.89 \n Profit on sale of property, plant and equipment  52.95  47.29 \n Foreign exchange fluctuation gain (net)  70.46  3.51 \n Government grant  1.20  1.13 \n Interest from bank  10.34  18.53 \n Interest from others  98.88  137.96 \n Interest income on securities measured at amortised cost   3.55  45.69 \n Gain on investments carried at fair value through profit or loss  71.14  45.06 \n Liabilities no longer required written back  4.53  -   \n Other miscellaneous income  381.76  636.52 \n 698.11  1,077.63", "start_char_idx": 0, "end_char_idx": 2019, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "42fcb1ee-41b4-4aa5-be07-a72fabee7255": {"__data__": {"id_": "42fcb1ee-41b4-4aa5-be07-a72fabee7255", "embedding": null, "metadata": {"page_label": "204", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "01a8a9f6-f7b3-4aa9-9daa-4d6058b674a5", "node_type": null, "metadata": {"page_label": "204", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8e83d4d856dd3475cfb65ccad3d29c277c60d19bce27db1c20bd640fd937b9d7"}}, "hash": "115e6ee16e0ef9ad772b5202723bc5a94c5c6d01569a6cbcfcb81c5c60fcb4bc", "text": "203\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n21. Cost of r aw material and components consumed\nRaw material and components consumed\nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\nInventory at the beginning of the year  10,184.89  8,806.39 \nAdd: Purchases during the year  145,760.97  110,517.82 \n 155,945.86  119,324.21 \nLess: Inventory at the end of the year  12,050.75  10,184.89 \nCost of raw material and components consumed  143,895.11  109,139.32 \nAdjustment on account of exchange difference  (4.64)  10.77 \nCost of raw material and components consumed  143,890.47  109,150.09 \n22. Changes in in ventories of finished goods and work-in-progress\nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\nClosing inventories\nFinished goods  4,297.33  3,383.29 \nWork in progress  4,316.03  2,983.12 \nAdjustment on account of exchange difference  125.14  44.22 \nT otal (A)  8,738.50  6,410.63 \nOpening inventories\nFinished goods  3,399.84  3,253.92 \nWork in progress  2,983.12  3,043.80 \nAdjustment on account of exchange difference  48.68  174.77 \nT otal (B)  6,431.64  6,472.49 \nChanges in inventories of finished goods and work-in-progress  (2,306.86)  61.86 \n23. Emplo yee benefit expenses \nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\nSalaries, wages and bonus  27,655.17  24,189.20 \nContribution to provident and other funds   2,483.60  2,167.59 \nStaff welfare expenses  1,497.01  1,277.96 \nGratuity expense (refer note 31)  201.19  139.44 \n 31,836.97  27,774.19 \n24. Depreciation and amortization e xpense\nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\nDepreciation on property, plant and equipment  8,351.52  7,713.97 \nDepreciation on right-of-use assets  1,343.74  1,334.93 \nAmortisation on intangible assets  394.99  350.33 \n 10,090.25  9,399.23 \n Less: Depreciation on plant and machinery capitalized during the year   87.02  4.45 \n 10,003.23  9,394.78", "start_char_idx": 0, "end_char_idx": 2117, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "3b3125e2-4fe7-4bfd-9ee5-e5f48ecf8e97": {"__data__": {"id_": "3b3125e2-4fe7-4bfd-9ee5-e5f48ecf8e97", "embedding": null, "metadata": {"page_label": "205", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c2f08250-3a27-4b50-913d-d2d09f4689f3", "node_type": null, "metadata": {"page_label": "205", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "483f7012de2bd7c1638d8509644c7191fe32a51ac520eb9b4e0640937991b9f9"}}, "hash": "d0e90fc4c5d06adda2332c9841d0743cc6bd7dd35a517d9ccb5bd1643b54a85b", "text": "Sandhar Technologies Limited204\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n25. Other e xpenses\nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\nConsumption of stores and spares  9,328.84  6,883.21 \nPacking material  2,858.69  2,321.37 \nJob work charges  5,623.45  5,219.63 \nRent   204.73  223.23 \nRates and taxes  257.80  192.04 \nInsurance  384.93  377.02 \nFreight and forwarding charges  2,515.72  2,296.00 \nPower and fuel  9,356.55  6,596.87 \nRepairs and maintenance      \n- Buildings  267.97  225.64 \n- Plant and machinery  2,027.13  1,126.87 \n- Others  1,336.50  1,167.52 \n Legal and professional charges*  1,157.63  1,007.49 \n Travelling and conveyance  271.68  131.95 \n CSR expenditure**  209.33  216.66 \n Service contractor charges  34.06  35.38 \n Business and Sales promotion  3.71  1.82 \n Printing and Stationery   1.74  1.76 \n Provision for doubtful debts and advances  -    34.82 \n Reversal of provision for doubtful debts  -    (42.35)\n Bad debts and advances written off  1.68  42.35 \n Provision for warranties (net of reversal)  91.23  52.81 \n Royalty  94.28  102.29 \n Commission to directors  333.71  371.13 \n Directors sitting fee  27.90  40.60 \n Security Service Charges  600.54  544.41 \n T esting and development expenses  67.33  65.12 \n Festival and celebration expenses  39.12  48.47 \n Miscellaneous expenses  1,250.56  1,245.59 \n T otal other expenses  38,346.81  30,529.70 \n* Payment to auditors : \nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021 \n As auditor: \n- Audit fees  71.82  62.95 \n- Limited Review  12.00  12.00 \n In other capacity \n- Other services (certification fees)  6.75  0.70 \n- Reimbursement of expenses  1.76  1.03 \n T otal  92.33  76.68 \n ** Disclosure relating to CSR expenditure: \nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\n(a) Gross Amount required to be spent by the Company as per\nSection 135 of the Companies Act 2013  205.53  213.72 \n(b) Amount spent during the year on:\n(i) Construction/acquisition of any asset  -   -   \n(ii) On purposes other than (i) above\n- In cash  209.33  216.66 \n- Yet to be paid in cash  -   -   \n 209.33  216.66", "start_char_idx": 0, "end_char_idx": 2295, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "fd97855d-5688-46fb-8690-bdb1121c9f14": {"__data__": {"id_": "fd97855d-5688-46fb-8690-bdb1121c9f14", "embedding": null, "metadata": {"page_label": "206", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "5a4fd854-205a-4988-be00-7c16514e1190", "node_type": null, "metadata": {"page_label": "206", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "60db2335525ee72390f5015f493211bb012208ff1f2b063f0603fa66efaeaa96"}}, "hash": "60db2335525ee72390f5015f493211bb012208ff1f2b063f0603fa66efaeaa96", "text": "205\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n26. Finance costs\nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\nInterest to banks on \n- T erm loan  365.10  195.23 \n- Cash credit  520.16  375.15 \n- Others  255.89  446.64 \n Interest to others  65.15  66.77 \n Finance charges  35.93  81.56 \n Bank charges  131.33  100.68 \n Interest on lease liabilities (refer note 35)  397.47  336.03 \n T otal finance costs  1,771.03  1,602.06 \n27. Ex ceptional Items \nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\nImpairment loss on investment in joint venture (refer note 6)  110.86  -   \nT otal Exceptional Items  110.86  -   \n28. Components of other comprehensiv e income \nThe disaggregation of changes to OCI by each type of reserve in equity is shown below:\nDuring the year ended 31 March 2022:\nParticulars  Retained \nearnings  T otal \nRe-measurement losses on defined benefit plans  (310.47)  (310.47)\nT ax impact on re-measurement loss on defined benefit plans  78.17  78.17 \nExchange differences in translating the financial statements of foreign operations  (3.13)  (3.13)\nT ax impact on translating the financial statements of foreign operations  0.78  0.78 \n (234.65)  (234.65)\nDuring the year ended 31 March 2021\nParticulars  Retained \nearnings  T otal \nRe-measurement losses on defined benefit plans  (544.67)  (544.67)\nT ax impact on re-measurement loss on defined benefit plans  137.08  137.08 \nExchange differences in translating the financial statements of foreign operations  44.08  44.08 \nT ax impact on translating the financial statements of foreign operations  (11.02)  (11.02)\n (374.53)  (374.53)", "start_char_idx": 0, "end_char_idx": 1801, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1e8ae870-7af9-4b62-a856-aa3fd6a2e95b": {"__data__": {"id_": "1e8ae870-7af9-4b62-a856-aa3fd6a2e95b", "embedding": null, "metadata": {"page_label": "207", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4f72ea66-637c-41f4-aeac-78d67b040903", "node_type": null, "metadata": {"page_label": "207", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c6904571674f70fb9946a6846fa73aaf69f9b91858a5d2d65326b2bc7484496e"}}, "hash": "4866e8fbcef581668370e052a095847e054236c5d9e1a99861df03456b19ec8c", "text": "Sandhar Technologies Limited206\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n29. Earnings P er Share (EPS)\nBasic and Diluted EPS amounts are calculated by dividing the profit for the year attributable to equity holders of the parent by the \nweighted average number of Equity shares outstanding during the year.\nThe following reflects the income and share data used in the basic and diluted EPS computations:  \nParticulars  For the year ended\n31 March 2022 For the year ended\n31 March 2021\nProfit attributable to equity holders of the Company  5,592.93  5,783.36 \nWeighted average number of equity shares used for computing Earning per Share (Basic and Diluted) (Number of shares in Lacs) 601.91  601.91 \nEarning Per Share (Basic and Diluted) (Rs)  9.29  9.61 \nFace value per share (Rs)  10  10 \n Reconciliation of weighted average number of equity shares for calculation of Basic and Diluted earnings per share: \nParticulars  Number of\nequity shares Weighted average\nnumber of shares \nEquity shares of face value of Rs. 10 per share:\nBalance as at 1 April 2019  601.91  601.91 \nIssued during the year 2020-21 (Number of shares in lacs)  -   -   \nBalance as at 31 March 2021  601.91  601.91 \nIssued during the year 2021-22 (Number of shares in lacs)  -   -   \n Balance as at 31 March 2022  601.91  601.91 \nAt present, the Group does not have any dilutive potential equity shares\n30. Income T ax\nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\n(a) The major components of income tax expense for the years ended 31 March 2022 and 31 March 2021 are:\nIncome tax recognized in statement of profit or loss\nCurrent income tax:\nCurrent tax  2,700.63  2,145.67 \nCurrent tax relating to earlier years  (37.21)  (107.42)\nDeferred tax:Relating to origination and reversal of temporary differences  (112.11)  (20.08)\nIncome tax expense reported in the statement of profit or loss  2,551.31  2,018.17 \nIncome tax recognized in other comprehensive income\nDeferred tax related to items recognised in OCI during the year:\nNet loss on remeasurements of defined benefit plans  78.17  137.08 \nExchange differences in translating the financial statements of foreign operations  0.78  (11.02)\nIncome tax on Gain on acquisition of equity interest in joint venture  (180.22)  -   \nIncome tax charged to other comprehensive income  (101.27)  126.06", "start_char_idx": 0, "end_char_idx": 2467, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5cbc1190-43cf-4eae-9520-903e66ec816b": {"__data__": {"id_": "5cbc1190-43cf-4eae-9520-903e66ec816b", "embedding": null, "metadata": {"page_label": "208", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2c7abf5f-ea04-4574-b594-8d0496c02116", "node_type": null, "metadata": {"page_label": "208", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "623c2cde518c4a6312a5b1df97b4ba9b30477f956780a17854504ce8285eb31e"}}, "hash": "623c2cde518c4a6312a5b1df97b4ba9b30477f956780a17854504ce8285eb31e", "text": "207\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\n(b) Reconciliation of effective tax rate\nReconciliation between average effective tax rate and applicable tax rate for the years ended \n31 March 2022 and 31 March 2021:\nProfit for the year  8,144.24  7,801.53 \nAdd: Share in loss of joint ventures accounted for using equity method  1,271.59  1,119.93 \nProfit for the year for computation of income tax  9,415.83  8,921.46 \nStatutory tax rate 25.168% 25.168%\nIncome tax expense at the statutory rate  2,369.78  2,245.35 \nT ax impact of deductible/ non-deductible expenses- Effect of CSR expenses  52.68  54.53 \n- Effect of Interest paid to MSMED  12.24  7.77 \n- Income tax of earlier years  (37.21)  (107.42)\n- Effect of gain on acquisition of equity interest in joint venture*  180.22  -   \n- Others  (26.40)  (182.06)\nIncome tax expense after adjustment of tax impact of non deductible items  2,551.31  2,018.17 \n*Refer footnote of note 33\n31. Gr atuity and other post-employment benefit plans\nA. Defined Contribut ion Plans - General Description\nThe Group has a defined benefit gratuity plan for its employees, governed by the Payment of Gratuity Act, 1972 except for Sandhar \nT echnologies Barcelona. Every employee who has rendered at least five years of continuous service gets a gratuity on departure at the \nrate of fifteen days of last drawn salary for each completed year of service or part thereof in excess of 6 months. The scheme is funded \nwith insurance companies in the form of qualifying insurance policies. Gratuity benefits are valued in accordance with the Payment of \nGratuity Act, 1972.\nThe most recent actuarial valuation of present value of the defined benefit obligation for gratuity were carried out as at 31 March 2022. \nThe present value of the defined benefit obligations and the related current service cost and past service cost, were measured using the \nProjected Unit Credit Method.\nI. Reconciliation of the present value of defined benefit obligation  and the fair value of the plan assets\nParticulars  As at 31 March 2022  As at 31 March 2021\n Liability for gratuity 2,286.50 2,033.29\n Plan asset for gratuity 2,041.45 2,125.68\n Net plan asset (Current): (245.05) 92.39\nII.   Reconciliation of present value of defined benefit obligation:\nParticulars Year ended \n31 Mar 2022Year ended \n31 Mar 2021\nBalance at the beginning of the year 2,033.29 1,631.63\nCurrent service cost 207.07 175.23\nInterest cost 138.67 110.95\nBenefits paid (223.54) (233.24)\nPast service cost including curtailment (gains)/losses - -\nActuarial (gain) / loss on obligation recognised in other comprehensive income 131.01 348.72\nBalance at the end of the year 2,286.50 2,033.29", "start_char_idx": 0, "end_char_idx": 2895, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d14fa2bb-eb55-4812-9cdc-a3227501f50c": {"__data__": {"id_": "d14fa2bb-eb55-4812-9cdc-a3227501f50c", "embedding": null, "metadata": {"page_label": "209", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2fa88e77-8aa5-4c2e-a294-f9c75d7ea176", "node_type": null, "metadata": {"page_label": "209", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a67d1a2c3069ebdbe6fa4097dbcd16ebc78c2118e17372b409e3509f356ae7d9"}}, "hash": "a67d1a2c3069ebdbe6fa4097dbcd16ebc78c2118e17372b409e3509f356ae7d9", "text": "Sandhar Technologies Limited208\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nIII.  Reconciliation of fair value of plan assets:\nParticulars  Year ended\n31 Mar 2022 Year ended\n31 Mar 2021\nBalance at the beginning of the year 2,125.68 2,157.86\nActual return on plan asset 144.54 146.74\nContribution paid into the plan - -\nBenefits paid (187.71) (220.83)\nActuarial gain / (loss) on plan asset recognised in other comprehensive income (41.06) 41.91\nClosing fair value of plan asset 2,041.45 2,125.68\nIV . Expense recognised in the Statement of Profit and L oss under employee benefits expense:\nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\nCurrent service cost 207.07 175.23\nPast service cost - -\nInterest cost (5.88) (35.79)\nExpense recognised in the Statement of Profit and Loss 201.19 139.44\nV . Remeasurement recognised in other comprehensiv e income (OCI)\nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\nActuarial gain / (loss) on Defined Benefit Obligation (131.01) (348.73)\nReturn on Plan Assets excluding interest income (41.06) 41.91\nAmount recognised in the Other Comprehensive Income (172.07) (306.82)\nVI. Bifurcation of Actuarial gain/(loss) on Defined benefit obligatio n:\nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\nActuarial gain/(loss) on demographic assumption change - (3.04)\nActuarial gain/(loss) due to financial assumption change (106.61) (352.39)\nActuarial gain/(loss) due to experience adjustment 7.38 26.46\nAmount recognised in the Other Comprehensive Income (99.23) (328.97)\nThe principal assumptions used in determining gratuity and compensated absences are as follows:\n(a) Economic assumptio ns\nThe principal assumptions are the discount rate and salary growth rate. The discount rate is based upon the market yields available \non government bonds at the accounting date with a term that matches that of liabilities. Salary increase rate takes into account of \ninflation, seniority, promotion and other relevant factors on long term basis. Valuation assumptions are as follows which have been \nselected by the company.\nParticulars As at 31\nMarch 2022As at\n31 March 2021\nDiscount rate 7.22% p.a. 6.80% p.a.\nInflation rate 5.50% p.a. \u2013 6.00% \np.a.4.50% p.a. \u2013 6.00% \np.a.\nExpected rate of return on assets 7.00% p.a. 7.00% p.a.", "start_char_idx": 0, "end_char_idx": 2457, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "95b4b515-20de-4ff0-a105-bdd4a7b942c6": {"__data__": {"id_": "95b4b515-20de-4ff0-a105-bdd4a7b942c6", "embedding": null, "metadata": {"page_label": "210", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "98ab8111-5df4-4081-aa1b-59a0dea15c34", "node_type": null, "metadata": {"page_label": "210", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "25fcb099fc939dc9aa356aa8c5d31ddb7b3bdd34f8b96383cd3af0185bb83117"}}, "hash": "25fcb099fc939dc9aa356aa8c5d31ddb7b3bdd34f8b96383cd3af0185bb83117", "text": "209\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n(b) Dem ographic assumptions\nThe estimates of future salary increases, considered in actuarial valuation, take account of inflation, seniority, promotion and other \nrelevant factors, such as supply and demand in the employment market.\nThe o verall expected rate of return on assets is determined based on the market prices prevailing on that date, applicable to the period \nover which the obligation is to be settled.\nParticulars As at\n31 March 2022As at\n31 March 2021\nMortality table IALM (2012-14) IALM (2012-14)\nRetirement Age 58 years 58 years\nAttrition Rate\nUp to 30 years 10% p.a. 10% p.a.\nFrom 31 to 44 years 3% p.a. 3% p.a.\nAbove 44 years 1% p.a. 1% p.a.\nThe sensitivity analysis above has been determined based on reasonably possible changes of the respective assumptions occurring at \nthe end of the year and may not be representative of the actual change. It is based on a change in the key assumption while holding all \nother assumptions constant.\nParticulars As at 31 March 2022 As at 31 March 2021\nIncrease Decrease Increase Decrease\nDiscount rate (0.5% movement) (97.19) 104.55 (86.86) 93.44\nExpected rate of future salary increase (0.5% \nmovement)101.18 (95.27) 91.17 (85.84)\nSensitivities due to mortality and withdrawals are not material and hence impact of change not calculated.\nSensitivities as to rate of inflation, rate of increase of pensions in payment, rate of increase of pensions before retirement and life \nexpectancy are not applicable being a lump sum benefit on retirement.\nGratuity expense expected to be incurred in the next year is Rs. 247.32 Lacs (previous year Rs. 187.82 Lacs).\n\u00acExpected maturity analysis:\nParticulars As at\n31 March 2022As at\n31 March 2021\nLess than 1 year 140.65 138.14\n1-2 years 137.23 90.32\n2-5 years 498.31 430.49\nMore than 5 years 1,508.86 1,374.34\nOther long-term employee benefits:\nDuring the year ended 31 March 2022, the Company has incurred an expense on compensated absences amounting to Rs. 162.20 lacs \n(previous year Rs. 140.85 lacs). The Company determines the expense for compensated absences basis the actuarial valuation of present \nvalue of the obligation, using the Projected Unit Credit Method.", "start_char_idx": 0, "end_char_idx": 2357, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c8d82544-4965-415e-94a7-eb1dfe7c5119": {"__data__": {"id_": "c8d82544-4965-415e-94a7-eb1dfe7c5119", "embedding": null, "metadata": {"page_label": "211", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "18fd8459-2704-4224-8653-0dbb262a39f9", "node_type": null, "metadata": {"page_label": "211", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "669f6c037e4d9b20e0d9dafc23af09331694f79762461c6ca61321751779c508"}, "3": {"node_id": "9233f495-46ad-4466-a1ca-857b80449373", "node_type": null, "metadata": {"page_label": "211", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4690a61f5d2ad0773f1f5bd937eca7677bd6755a86aaa3a124b9f143182ce7c9"}}, "hash": "69911d8079ec6c258b6f21e93ed504beed3aac16df13955dfaa7132981703aa8", "text": "Sandhar Technologies Limited210\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n32. Contingent liabilities and commitments (to the e xtent not provided for)\nA. Capital co mmitments\nParticulars 31 March 2022 31 March 2021\nEstimated amount of contracts remaining to be executed on capital account (net of advances) and \nnot provided for14,563.11 1,778.11\nThe Company has purchased a land at Pune wherein the Company shall commence the construction on the land and commence \nproduction within three years from the date of sub lease deed.\nB. Contingen t liabilities\nClaims against the Group not acknowledged as debts*:\nParticulars 31 March 2022 31 March 2021\na. Claims against the Company not acknowledged as debts*\n- Service tax matters (refer note A below) 310.55 311.03\n- Income tax matters (refer note B below) 259.08 169.08\n- Demand notice against Land (Chakan & Pathredi) (refer note C below) 837.52 837.52\n- Other matters 53.44 61.55\nb. Guarantees given by the Company (refer note D below) 3,715.50 1,720.13\n* It is not practicable for the Company to estimate the timings of cash outflows, if any, in respect of the above pending resolution of the respective proceedings as it\nis determinable only on receipt of judgements / decisions pending with various forums/ a uthorities.\ni) Show cause notice received in respect of credit taken on freight outward for the period 2005-2006, 2016-17 and 2017-18. The reply has been submitted and \npersonal hearing is awaited with Assistant Commissioner, Central Excise. The amount involved is Rs. 11.73 (31 March, 2021: Rs. 12.21).\nii) Show cause notice received in respect of credit taken on manpower supply for the period 2005-2006 to 2014-15 (up to Feb-15). The matter is pending for personal \nhearing with the Additional Commissioner, Commissioner, and Joint Commissioner, Central Excise. The amount involved is Rs. 261.07 (31 March, 2021: Rs. 261.07).\niii) Show cause notice received in respect of credit taken on the Services on Commercial and Industrial construction work for the period 2009-2010. The matter is \npending with Additional Commissioner, Central Excise and CESTAT, Chandigarh. The amount involved is Rs. 2.11  (31 March 2021: Rs.2.11).\niv) Show cause notices received in respect of credit taken on outdoor catering & courier services for the period 2010-2011. The matter is pending with the \nSuperintendent and Deputy Commissioner, Central excise. The amount involved is Rs.0.50 (31 March 2021: Rs. 0.50).\nv) Show cause notices received in respect of credit taken on various services such clearing and forwarding agency services, Construction and industrial Construction, \nrepair & maintenance, travel agent, pandal, authorized service station & outward freight, for the period 2004-05 to 2016-17 (up to Mar-2017). The personal hearing \nattended & final order awaited from Assistant Commissioner, LTU New Delhi. The amount involved is Rs. 35.14  (31 March 2021: Rs. 35.14).\nNote B:\n i) In respect of assessment year 2013-14, demand was issued against expenses disallowed under section 35(2AB) for which deduction \nunder Chapter-VIA was claimed. The appeal has been filed with ITAT. The amount involved is Rs. 64.54 (31 March 2021: Rs. 64.54)\nii) In respect of assessment year 2014-15, demand was issued against expenses disallowed under section 35(2AB) for which deduction \nunder Chapter-VIA was claimed. The appeal has been filed with ITAT. The amount involved is Rs. 3.12 (31 March 2021: Rs. 3.12)\niii) In respect of assessment year 2015-16 demand was issued against certain expenses disallowed under section 35(2AB), 14A etc. The", "start_char_idx": 0, "end_char_idx": 3706, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9233f495-46ad-4466-a1ca-857b80449373": {"__data__": {"id_": "9233f495-46ad-4466-a1ca-857b80449373", "embedding": null, "metadata": {"page_label": "211", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "18fd8459-2704-4224-8653-0dbb262a39f9", "node_type": null, "metadata": {"page_label": "211", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "669f6c037e4d9b20e0d9dafc23af09331694f79762461c6ca61321751779c508"}, "2": {"node_id": "c8d82544-4965-415e-94a7-eb1dfe7c5119", "node_type": null, "metadata": {"page_label": "211", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "69911d8079ec6c258b6f21e93ed504beed3aac16df13955dfaa7132981703aa8"}}, "hash": "4690a61f5d2ad0773f1f5bd937eca7677bd6755a86aaa3a124b9f143182ce7c9", "text": "was issued against certain expenses disallowed under section 35(2AB), 14A etc. The \nappeal has been filed with ITAT. The amount involved is Rs. 11.80 (31 March 2021: Rs.11.80).\niv) In respect of assessment year 2016-17 demand was issued against certain expenses disallowed under section 35(2AB), 14A etc. The \nappeal has been filed with ITAT. The amount involved is Rs. 2.50 (31 March 2021: Rs. 2.50).\nv) In respect of assessment year 2014-15 demand was issued for penalty procedding. The appeal has been filed with CIT-(Appeal)-22. The \namount involved is Rs. 3.12 (31 March 2021: Rs. 3.12).\nvi) In respect of assessment year 2017-18 demand was issued for depreciation on Intangible asset, disallowance u/s 14A, disallowance on \nmembership fee, sponsorship fee and bad debt. The appeal has been filed with CIT (Appeal-22). The amount involved is Rs. 19.40 (31 \nMarch 2021: Rs. 19.40).\nvii) In respect of assessment year 2016-17 demand was issued for disallowance of MAT credit. The appeal has been filed with ITAT. The \namount involved is Rs. 63.14 (31 March 2021: Rs. 63.14).\nviii) In respect of assessment year 2018-19 demand was issued for disallowance of provident fund and ESI expenses. The correction has", "start_char_idx": 3624, "end_char_idx": 4835, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "fe1f7889-4f31-4ef5-b8ed-a6b8531f1b5a": {"__data__": {"id_": "fe1f7889-4f31-4ef5-b8ed-a6b8531f1b5a", "embedding": null, "metadata": {"page_label": "212", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "4091dbd3-6e1a-4ab8-8dd0-471f583c9f1a", "node_type": null, "metadata": {"page_label": "212", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3c05e37de9b3c58411e7fe9d7255a3ac99903d611a0643cfcea2e0745526a6e5"}}, "hash": "3c05e37de9b3c58411e7fe9d7255a3ac99903d611a0643cfcea2e0745526a6e5", "text": "211\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nbeen filed and amount involved is Rs. 1.46 (31 March 2021: Rs. 1.46).\nix) In the respect of assessment year 2013-14 demand was issued for concealment of income u/s 171(1)(c). The appeal has been filed with \nCIT (Appeal). The amount involved is Rs.64.54 (31 March 2021: NIL).\nx) In the respect of assessment year 2015-16 demand was issued for concealment of income u/s 171(1)(c). The appeal has been filed with CIT \n(Appeal). The amount involved is Rs.16.89 (31 March 2021: NIL).\nxi) In the respect of assessment year 2016-17 demand was issued for concealment of income u/s 171(1)(c). The appeal has been filed with \nCIT (Appeal). The amount involved is Rs.7.42 (31 March 2021: NIL).\nxii) In the respect of assessment year 2016-17 demand was issued for concealment of income u/s 170A. The appeal has been filed with CIT \n(Appeal). The amount involved is Rs.1.15 (31 March 2021: NIL).\nNote C:\ni) In respect of Pathredi Land, Rajasthan State Industrial Development and Investment Corporation has issued a letter dated October 23, \n2015 whereby demand of Rs. 761.04 has been raised for allowing a time extension for making additional investment in the project on \nland allotted to the Company (31 March 2021: Rs. 761.04). The Company has filed a request letter to waive off the same.\nii) In respect of Chakan Land, Maharashtra Industrial Development Corporation has issued a letter dated March 3, 2015, asking Company \nto pay an additional amount aggregating to Rs. 76.48 for a further time extension (31 March 2021: Rs. 76.48). The Company is in process to file the waiver letter to Maharashtra Industrial Development Corporation. \nBased on the status of cases and as advised by Company\u2019s tax/legal advisors, wherever applicable, the management believes that \nthe Company has strong chance of success and hence no provision against matters disclosed in \u201cClaims against the Company not acknowledged as debts\u201d are considered necessary.\nNote D:\nIn rela tion to 32(2) above guarantee given by the Company:\nT o facilitate grant of financing facilities to the Company\u2019s Joint Ventures Subsidiaries and others, Company has given Corporate \nGuarantees to banks. As at the year-end, the outstanding Corporate Guarantee/Stand by-Letter of Credits/ bank guarantees so given amounts to Rs. 3,715.50 (31 March 2021: Rs. 1,720.13", "start_char_idx": 0, "end_char_idx": 2498, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "55196320-9f56-49b1-bb99-603b8e186926": {"__data__": {"id_": "55196320-9f56-49b1-bb99-603b8e186926", "embedding": null, "metadata": {"page_label": "213", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "206a5e08-d2e8-4d8b-b4cf-36a51c277140", "node_type": null, "metadata": {"page_label": "213", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "fbecf43b48b17e9df1f9ca84a5a3214172d95d83430ae0cc83e0f2760fbfcc3d"}}, "hash": "fbecf43b48b17e9df1f9ca84a5a3214172d95d83430ae0cc83e0f2760fbfcc3d", "text": "Sandhar Technologies Limited212\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n33. Related P arty Transactions\nA. F or the purpose of these financial statements, parties are considered to be related to the Company, if the Company has the ability, \ndirectly or indirectly, to control the party or exercise significant influence over the party in making financial and operating decisions, or \nvice versa, or where the Company and the party are subject to common control or common significant influence. Related parties may be \nindividuals or other entities.\nJoint Ventures: Indo T oolings Private Limited (exit from JV w.e.f. 9th October \n2020)\nSandhar Han Sung T echnologies Private LimitedJinyoung Sandhar Mechatronics Private Limited\nSandhar Amkin Industries Private Limited\nSandhar Whetron Electronics Private Limited\nKwangsung Sandhar T echnologies Private Limited\nSandhar Han shin Auto T echnologies LimitedWinnercom Sandhar T echnologies Private LimitedSandhar Automotive Systems Private Limited (formerly known \nas Sandhar Daewha Automotive Systems Private Limited) (joint \nventure up-to 27 December 2021)\nSandhar Auto Castings Private Limited (formerly known as \nSandhar Daeshin T echnologies Private Limited) (joint venture \nup-to 30 September 2021)\nKwangsung Sandhar Automotive Systems Private Limited\nSandhar Ecco Green Energy Private Limited (under voluntary \nliquidation)\nSandhar Daeshin Auto Systems Private Limited (under strike-off)\nSandhar Han Shin Automotive Private Limited (under strike-off)\nSandhar Auto Electric T echnologies Private Limited (joint venture \nup-to 27 December 2021)\nSandhar Autotech Private Limited (joint venture up-to 27 \nDecember 2021) (under strike-off)\nEnterprises over which KMP/ relatives of Key Managerial \nPersonnel are able to exercise control/ significant influence with whom transactions have undertaken during the year:Sandhar Info systems Limited\nSandhar Estate Private Limited\nJubin Finance and Investment Limited\nHaridwar Estates Private Limited\nSwaran Enterprises (Mrs. Santosh Davar is a Partner)\nShorah Realty LLPRico Auto Industries Private LimitedKhaitan & Co LLP", "start_char_idx": 0, "end_char_idx": 2235, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "1e88aa9c-c5dc-4b1c-b318-5aab46315f8a": {"__data__": {"id_": "1e88aa9c-c5dc-4b1c-b318-5aab46315f8a", "embedding": null, "metadata": {"page_label": "214", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "32254a96-9273-4910-8902-a6a7db23598c", "node_type": null, "metadata": {"page_label": "214", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "abfb53ae658f36d9ec0eaf3e6cd0859e44439915efd55cc0cc2d1083780ebc3b"}}, "hash": "abfb53ae658f36d9ec0eaf3e6cd0859e44439915efd55cc0cc2d1083780ebc3b", "text": "213\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nKey Managerial Personnel: Mr. Jayant Davar (Co-Chairman and Managing Director),\nMr. Arvind Joshi (Whole Time Director, C.F.O. & Company \nSecretary) (resigned w.e.f. 10 May 2020)\nMr. Narender Kumar Dogra (C.F.O.) (appointed w.e.f. 11 May \n2020) (resigned w.e.f. 31 July 2020)\nMr. Puru Aggarwal (Chief Financial Officer appointed w.e.f. 1 \nAugust 2020) \n(Whole Time Director w.e.f. 6 November 2020) (resigned w.e.f. 26 \nFebruary 2021)\nMr. Yashpal Jain (Chief Financial Officer) (appointed w.e.f. 16 \nMarch 2021)\nMs. Komal Malik (Company Secretary) (appointed w.e.f. 6 \nNovember 2020)\nMs. Subhi Gupta (Company Secretary) (appointed w.e.f. 11 May \n2020) (resigned w.e.f. 6 November 2020)\nMr. Arvind Kapur (Non-Executive Independent Director)\nMr. Bharat Anand (Non-Executive Independent Director)\nIndividual owning an interest in the voting power of reporting \nenterprise that gives them control/ significant influence over \nthe Company:Mr. Jayant Davar\nRelatives of Key Managerial Personnel and relatives of \nIndividual owning an interest in the voting power of reporting \nenterprise that gives them control/ significant influence over \nthe Company with whom transactions have undertaken during \nthe year:Mr. D. N. Davar -(Chairman)\nMrs. Monica Davar \nMr. Neel Jay Davar\nMrs. Santosh Davar,\nMrs. Poonam Juneja,\nMrs. Urmila Joshi\nMrs. Mi nakshi Aggarwal\nB. The following table provides the total amount of transactions that have been entered into with related parties for the relevant \nfinancial year.\nNature of \ntransactionName of related party Relationship For the year ended  \n31 March 2022For the year ended  \n31 March 2021\n Purchase of \nGoodsSwaran Enterprises Enterprises over which relatives of Key \nManagerial Personnel are able to exercise \ncontrol/ significant influence3,373.13 2,676.12\nSandhar Automotive Systems \nPrivate Limited (Formally \nknown as Sandhar Daewha \nAutomotive Systems Private \nLimited)Joint Venture of Reporting Enterprises 635.74 332.06\nSandhar Han Sung \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 350.66 230.56\nSandhar Whetron Electronics \nPrivate LimitedJoint Venture of Reporting Enterprises 55.40 13.89\nSandhar Amkin Industries \nPrivate LimitedJoint Venture of Reporting Enterprises 84.88 34.64", "start_char_idx": 0, "end_char_idx": 2434, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "25966cf0-ff81-4814-af5c-5fa504060f2e": {"__data__": {"id_": "25966cf0-ff81-4814-af5c-5fa504060f2e", "embedding": null, "metadata": {"page_label": "215", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "3a1a2c51-534c-4e70-a8e4-f1c170734f10", "node_type": null, "metadata": {"page_label": "215", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8a4a230b3a22ca0954fa90cfab26ad6362af087b1166d1a76999ae4aa3236bb8"}}, "hash": "8a4a230b3a22ca0954fa90cfab26ad6362af087b1166d1a76999ae4aa3236bb8", "text": "Sandhar Technologies Limited214\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nNature of \ntransactionName of related party Relationship For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nSale of \ngoodsSandhar Han Sung \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 36.51 27.05\nSandhar Automotive Systems \nPrivate Limited (Formally \nknown as Sandhar Daewha \nAutomotive Systems Private \nLimited)Joint Venture of Reporting Enterprises 832.88 -\nSandhar Amkin Industries \nPrivate LimitedJoint Venture of Reporting Enterprises 158.77 138.27\nSwaran Enterprises Enterprises over which relatives of Key \nManagerial Personnel are able to exercise \ncontrol/ significant influence2.80 1.61\nRico Auto Industries Limited Enterprises over which relatives of Key \nManagerial Personnel are able to exercise \ncontrol/ significant influence28.97 55.98\nSale of \nProperty, \nPlant and \nEquipmentKwangsung Sandhar \nAutomotive Systems Private \nLimitedJoint Venture of Reporting Enterprises - 3.46\nSandhar Han Shin Auto \nT echnologies Private LimitedJoint Venture of Reporting Enterprises - 0.83\n Purchase \nof Property, \nPlant and \nEquipmentIndo T oolings Private Limited Joint Venture of Reporting Enterprises - 3.09\nSandhar Ecco Green Energy \nPrivate LimitedJoint Venture of Reporting Enterprises - 0.17\nReimburse -\nment of \nexpenses \nfromSandhar Han Sung \nT echnologies Private Limited Joint Venture of Reporting Enterprises 63.47 100.27\nSandhar Infosystems Limited Enterprises under Common control with \nthe Reporting Enterprises- 0.01\nSandhar Ecco Green Energy \nPrivate LimitedJoint Venture of Reporting Enterprises - 0.13\nJinyoung Sandhar \nMechatronics Private LimitedJoint Venture of Reporting Enterprises 8.68 19.82\nSandhar Automotive Systems \nPrivate Limited (Formally \nknown as Sandhar Daewha \nAutomotive Systems Private \nLimited)Joint Venture of Reporting Enterprises 65.18 7.80\nSandhar Amkin Industries Pvt \nLimitedJoint Venture of Reporting Enterprises 48.70 23.94\nSandhar Whetron Electronics \nPrivate LimitedJoint Venture of Reporting Enterprises 13.33 49.37\nWinnercom Sandhar \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 15.69 16.65\nKwangsung Sandhar \nAutomotive Systems Private \nLimitedJoint Venture of Reporting Enterprises 16.21 2.78\nReimburse -\nment of \nexpenses \nfromSandhar Han Shin Auto \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 11.40 39.81\nKwangsung Sandhar \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 0.17 7.50", "start_char_idx": 0, "end_char_idx": 2639, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "76bb7bf4-a0d0-4f09-9b3c-28644faa9cc7": {"__data__": {"id_": "76bb7bf4-a0d0-4f09-9b3c-28644faa9cc7", "embedding": null, "metadata": {"page_label": "216", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e9c19c57-bece-47cc-a550-2f78750f416b", "node_type": null, "metadata": {"page_label": "216", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f73024bf464ca6efd284ceff606dd459ee0d890118014363e8f59288cc6d90fa"}}, "hash": "f73024bf464ca6efd284ceff606dd459ee0d890118014363e8f59288cc6d90fa", "text": "215\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nNature of \ntransactionName of related party Relationship For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nLease \nrentals \n(including \nservice tax/ \nGST) paid toSandhar Estates Private Limited Enterprises under Common control  with \nthe Reporting Enterprises 32.70 32.70\nJubin Finance & Investment \nLimited Enterprises under Common control  with \nthe Reporting Enterprises 268.36 290.72\nUrmila Joshi Key Managerial Personnel & their relatives - 0.51\nMinakshi Aggarwal Key Managerial Personnel & their relatives - 49.64\nJayant Davar Key Managerial Personnel & their relatives 8.05 7.89\nShorah Realty LLP Enterprises over which relatives of Key \nManagerial Personnel are able to exercise \ncontrol/ significant influence0.59 0.71\nLease \nrentals   \nreceived \nfromWinnercom Sandhar \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 28.20 26.36\nSandhar Han Sung \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 11.60 23.04\nSandhar Automotive Systems \nPrivate Limited (Formally \nknown as Sandhar Daewha \nAutomotive Systems Private \nLimited)Joint Venture of Reporting Enterprises 0.14 0.28\nSandhar Whetron Electronics \nPrivate LimitedJoint Venture of Reporting Enterprises 20.16 12.60\nDividend \nReceived \nfromIndo T oolings Private Limited Joint Venture of Reporting Enterprises - 113.05\nServices \nreceived \nfromSandhar Han Sung \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 3.56 3.53\nIndo T oolings Private Limited Joint Venture of Reporting Enterprises - 0.69\nKhaitan & Co LLP Enterprises over which relatives of Key \nManagerial Personnel are able to exercise \ncontrol/ significant influence4.50 2.46\nService \nGivenSandhar Amkin Industries \nPrivate LimitedJoint Venture of Reporting Enterprises 22.25 -\nSandhar Whetron Electronics \nPrivate LimitedJoint Venture of Reporting Enterprises 59.15 17.02\nInterest \nReceivedSandhar Automotive Systems \nPrivate Limited (Formally \nknown as Sandhar Daewha \nAutomotive Systems Private \nLimited)Joint Venture of Reporting Enterprises 13.73 14.78\nSandhar Amkin Industries \nPrivate LimitedJoint Venture of Reporting Enterprises 25.44 28.50\nKwangsung Sandhar \nAutomotive Systems Private \nLimitedJoint Venture of Reporting Enterprises 1.91 0.58\nKwangsung Sandhar \nT echnologies Private LimitedJoint Venture of Reporting Enterprises - 1.07\nManagerial \nremunera -\ntionJayant Davar Key Managerial Personnel & their relatives 457.43 459.27\nPuru Aggarwal Key Managerial Personnel & their relatives - 69.50\nYashpal Jain Key Managerial Personnel & their relatives 105.83 5.25\nKomal Malik Key Managerial Personnel & their relatives 23.79 9.27\nSubhi Gupta Key Managerial Personnel & their relatives - 2.44\nArvind Joshi Key Managerial Personnel & their relatives - 7.20\nNarender Kumar Dogra Key Managerial Personnel & their relatives - 7.86", "start_char_idx": 0, "end_char_idx": 3024, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ee48eb6b-6fc9-4d09-b5d1-4d7b4ca22d88": {"__data__": {"id_": "ee48eb6b-6fc9-4d09-b5d1-4d7b4ca22d88", "embedding": null, "metadata": {"page_label": "217", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "61d8b2c0-98b1-4424-8225-10a87812dc0c", "node_type": null, "metadata": {"page_label": "217", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9704a0e155ed46cf46d81b03ffbf2b4328644aa3324d334709cf1dca9a9d0332"}}, "hash": "9704a0e155ed46cf46d81b03ffbf2b4328644aa3324d334709cf1dca9a9d0332", "text": "Sandhar Technologies Limited216\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nNature of \ntransactionName of related party Relationship For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nDividend \npaidJayant Davar Key Managerial Personnel & their relatives 282.04 627.80\nOthers Enterprises under Common control  with \nthe Reporting Enterprises 46.40 102.42\nOthers Key Managerial Personnel & their relatives 52.80 117.33\nInvestment \nmade in \nJV\u2019s and \nsubsidiariesSandhar Han Sung \nT echnologies  Private LimitedJoint Venture of Reporting Enterprises 102.26 254.93\nJinyoung Sandhar \nMechatronics Private LimitedJoint Venture of Reporting Enterprises - 436.80\nSandhar Automotive Systems \nPrivate Limited (Formally \nknown as Sandhar Daewha \nAutomotive Systems Private \nLimited)Joint Venture of Reporting Enterprises 48.85 120.00\nSandhar Amkin Industries Pvt \nLtdJoint Venture of Reporting Enterprises 1,130.00 700.00\nKwangsung Sandhar \nT echnologies Private LimitedJoint Venture of Reporting Enterprises - 898.85\nKwangsung Sandhar \nAutomotive Systems Private \nLimitedJoint Venture of Reporting Enterprises 98.66 -\nSandhar Whetron Electronics \nPrivate LimitedJoint Venture of Reporting Enterprises 146.04 149.34\nSandhar Han Shin Auto \nT echnologies Private LimitedJoint Venture of Reporting Enterprises - 75.00\nSandhar Daeshin T echnologies \nPrivate LimitedJoint Venture of Reporting Enterprises 0.0001 1.00\nLoan & \nAdvances \nGiven toSandhar Automotive Systems \nPrivate Limited (Formally \nknown as Sandhar Daewha \nAutomotive Systems Private \nLimited)Joint Venture of Reporting Enterprises 52.38 105.44\nSandhar Amkin Industries \nPrivate LimitedJoint Venture of Reporting Enterprises 264.05 505.00\nKwangsung Sandhar \nAutomotive Systems Private \nLimitedJoint Venture of Reporting Enterprises 100.00 95.00\nKwangsung Sandhar \nT echnologies Private LimitedJoint Venture of Reporting Enterprises - 165.00", "start_char_idx": 0, "end_char_idx": 2025, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "8b37f999-4dcf-43f7-9750-b040d4ae4c58": {"__data__": {"id_": "8b37f999-4dcf-43f7-9750-b040d4ae4c58", "embedding": null, "metadata": {"page_label": "218", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "213f7727-c867-4c63-9535-a2c23d5cf3c7", "node_type": null, "metadata": {"page_label": "218", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "fc36d3d597d477472027b662ce74df0f3bdfbfc4c317ad3901d8658d150827cc"}}, "hash": "fc36d3d597d477472027b662ce74df0f3bdfbfc4c317ad3901d8658d150827cc", "text": "217\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nNature of \ntransactionName of related party Relationship For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nOutstanding \nReceivableSandhar Han Sung \nT echnologies Private LimitedJoint Venture of Reporting Enterprises - 11.13\nHaridwar Estates Private \nLimitedEnterprises under Common control  with \nthe Reporting Enterprises 130.77 130.77\nJinyoung Sandhar \nMechatronics Private LimitedJoint Venture of Reporting Enterprises 0.01 0.10\nSandhar Automotive Systems \nPrivate Limited (Formally \nknown as Sandhar Daewha \nAutomotive Systems Private \nLimited)Joint Venture of Reporting Enterprises 220.82 214.54\nSandhar Amkin Industries \nPrivate Limited Joint Venture of Reporting Enterprises 9.71 509.74\nSandhar Whetron Electronics \nPrivate LimitedJoint Venture of Reporting Enterprises 10.54 1.09\nKwangsung Sandhar \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 0.17 -\nKwangsung Sandhar \nAutomotive Systems Private \nLimitedJoint Venture of Reporting Enterprises 1.88 0.24\nSandhar Han Shin Auto \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 0.05 0.12\nJoint \nVenture of \nReporting \nEnterprisesWinnercom Sandhar \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 3.11 -\nRico Auto Industries Limited Enterprises over which relatives of Key \nManagerial Personnel are able to exercise \ncontrol/ significant influence3.33 15.07\nOutstanding \nPayableSwaran Enterprises Enterprises over which relatives of Key \nManagerial Personnel are able to exercise \nsignificant influence381.89 373.29\nShorah Realty LLP Enterprises over which relatives of Key \nManagerial Personnel are able to exercise \nsignificant influence0.12 -\nSandhar Han Sung \nT echnologies Private Limited Joint Venture of Reporting Enterprises 35.70 -\nWinnercom Sandhar \nT echnologies Private LimitedJoint Venture of Reporting Enterprises - 0.05\n Security \ndeposit \ngiven toSandhar Estates Private Limited Enterprises under Common control  with \nthe Reporting Enterprises 36.00 36.00\nJubin Finance & Investment \nLimitedEnterprises under Common control  with \nthe Reporting Enterprises 98.88 98.88\nSecurity \ndeposit \nreceivedWinnercom Sandhar \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 5.97 5.97\nCorporate \nguarantee/\nstand by \nletter of \ncredit given \ntoSandhar Han Sung \nT echnologies Private  LimitedJoint Venture of Reporting Enterprises 1,744.27 919.69\nSandhar Amkin Industries \nPrivate LimitedJoint Venture of Reporting Enterprises 1,890.95 700.00\nManagerial \nRemunera -\ntion PayableJayant Davar Key Managerial Personnel & their relatives 325.40 361.82\nYashpal Jain Key Managerial Personnel & their relatives 8.40 5.25\nKomal Malik Key Managerial Personnel & their relatives 1.87 1.79", "start_char_idx": 0, "end_char_idx": 2925, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "73548369-9163-4a6e-a656-e969c323426b": {"__data__": {"id_": "73548369-9163-4a6e-a656-e969c323426b", "embedding": null, "metadata": {"page_label": "219", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "f0d91fb5-a031-47f1-89b1-e374f944e826", "node_type": null, "metadata": {"page_label": "219", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7e06af6ab4e6609d353b1fb808454bcb302455175f655a49551ec0404c99d77c"}, "3": {"node_id": "ebd5e5fe-c53a-4ad2-a598-c6e2784d80e7", "node_type": null, "metadata": {"page_label": "219", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4acd0928b742091ad2de8c841e0b0601c0694b5426c4babeafc1ebd59d0900b8"}}, "hash": "5e80eef48cd0893692ab8bfb5381d61896224191edebc0f6b2ecdcd4844a0cdd", "text": "Sandhar Technologies Limited218\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nNature of \ntransactionName of related party Relationship For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nInvestment \nin JV\u2019s and \nsubsidiaries  Sandhar Han Sung \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 1956.44 1,854.18\nSandhar Ecco Green Energy \nPrivate Limited*Joint Venture of Reporting Enterprises 222.48 222.48\nJinyoung Sandhar \nMechatronics Private Limited@Joint Venture of Reporting Enterprises 1,336.87 1,336.87\nSandhar Automotive Systems \nPvt Ltd (formerly known as \nDaewha Automotive System \nPvt Ltd)#Joint Venture of Reporting Enterprises - 1,617.31\nSandhar Amkin Industries \nPrivate LtdJoint Venture of Reporting Enterprises 2,662.00 1,532.00\nSandhar Daeshin Auto Systems \nPrivate Limited***Joint Venture of Reporting Enterprises 1.07 1.07\nSandhar Whetron Electronics \nPrivate LimitedJoint Venture of Reporting Enterprises 978.45 832.41\nWinnercom Sandhar \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 400.00 400.00\nSandhar Han Shin Automotive \nPrivate Limited**Joint Venture of Reporting Enterprises - 1.00\nSandhar Auto Castings Private \nLimited (formerly known as \nSandhar Daeshin T echnologies \nPrivate Limited)Joint Venture of Reporting Enterprises - 1.00\nSandhar Han Shin Auto \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 275.00 275.00\nKwangsung Sandhar \nT echnologies Private LimitedJoint Venture of Reporting Enterprises 1,008.37 1,008.37\nKwangsung Sandhar \nAutomotive Systems Private \nLimitedJoint Venture of Reporting Enterprises 98.66\n@During the year ended 31 March 2022, the company performed an impairment assessment of its investment in equity shares and \npreference shares of Jinyoung Sandhar Mechatronics Private Limited to compute the fair value of its investment. Based on management\u2019s \nassessment, as the fair value of the investment was lower than the carrying amount of the investment, an impairment charge of Rs. 110.36 \nLacs was recognized in the standalone financial statements.\n* During the year ended 31 March 2020, the Company noted an impairment trigger on account of proposed discontinuation of business in its \njoint venture company (\u2018Sandhar Ecco Green Energy Private Limited\u2019). Company performed an impairment assessment of its investment in \nequity shares of Sandhar Ecco Green Energy Private Limited to compute the fair value of its investment. Based on management\u2019s assessment, \nas the fair value of the investment was lower than the carrying amount of the investment, an impairment charge of Rs. 69.20 Lacs (31 March \n2019 Rs. 74.08 Lacs) was recognized in the consolidated financial statements. In absence of visibility of business in the joint venture, the \nfinancial statements of the JV have been prepared on non-going concern basis, where the assets and liabilities have been disclosed as a \nrealizable basis. During the current year the Investment in joint venture has been shown at the realisable value.\n**During the year ended 31 March 2021, Sandhar Han Shin Automotive Private Limited, a joint venture of the company was struck off under \nsection 248 of the Companies Act, 2013. Hence company noted an impairment of investment amounting Rs. 1.00 Lacs.\n***During the year ended 31 March 2022, Sandhar Daeshin Auto Systems Private Limited, a joint venture of the company and Sandhar \nStrategic Systems Private Limited, a wholly owned subsidiary of the company was struck off under section 248 of the Companies Act, 2013. \nHence company noted an impairment of investment amounting Rs. 2.07 Lacs.\n#The Company owned 52.18% shareholding in joint venture Sandhar Automotive Systems Private Limited (formerly known", "start_char_idx": 0, "end_char_idx": 3851, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ebd5e5fe-c53a-4ad2-a598-c6e2784d80e7": {"__data__": {"id_": "ebd5e5fe-c53a-4ad2-a598-c6e2784d80e7", "embedding": null, "metadata": {"page_label": "219", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "f0d91fb5-a031-47f1-89b1-e374f944e826", "node_type": null, "metadata": {"page_label": "219", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7e06af6ab4e6609d353b1fb808454bcb302455175f655a49551ec0404c99d77c"}, "2": {"node_id": "73548369-9163-4a6e-a656-e969c323426b", "node_type": null, "metadata": {"page_label": "219", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "5e80eef48cd0893692ab8bfb5381d61896224191edebc0f6b2ecdcd4844a0cdd"}}, "hash": "4acd0928b742091ad2de8c841e0b0601c0694b5426c4babeafc1ebd59d0900b8", "text": "shareholding in joint venture Sandhar Automotive Systems Private Limited (formerly known as Sandhar \nDaewha Automotive Systems Private Limited) and has purchased the remaining 47.82% stake from joint venture partner for Rs. 48.84 \nLacs on 28 December 2021 through share purchase deed. Accordingly, Sandhar Automotive Systems Private Limited (formerly known as \nSandhar Daewha Automotive Systems Private Limited) becomes wholly owned subsidiary w.e.f. 28 December 2021. The Company has \nrecognised a tax of Rs 180.22 Lacs on net gain on acquisition of shares as per Income T ax Act, 1961.", "start_char_idx": 3763, "end_char_idx": 4350, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5ac36804-1779-4333-a81f-cc06946a5f9a": {"__data__": {"id_": "5ac36804-1779-4333-a81f-cc06946a5f9a", "embedding": null, "metadata": {"page_label": "220", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8d188a4e-f759-4b6f-b3e3-22582dec17bc", "node_type": null, "metadata": {"page_label": "220", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8b0566b60f356a43fb6961f488a3cc935429b1e0f301cdc9c602b8950c084a93"}}, "hash": "8b0566b60f356a43fb6961f488a3cc935429b1e0f301cdc9c602b8950c084a93", "text": "219\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nAt the date of acquisition, the fair value of investment exceeds its carrying value by Rs. 1.67 Lacs and the same is recognized in statement of \nprofit and loss.\nThe acquisition date fair value of net assets acquired is Rs. 2,006.36 Lacs which exceeds the cost of investments (including consideration \ntransferred) amounting to Rs 1,101.64 Lacs. Accordingly, the Company has recognized a gain on bargain purchase of Rs. 904.72 Lacs in other \ncomprehensive income and transfer the same directly to Capital Reserve.\nThe total amount of revenue and loss of acquired Company recognized in consolidated financial statements from the date of acquisition is Rs. \n9.93 Lacs and Rs. 30.76 Lacs respectively.\nThe major assets/liabilities acquired on the date of acquisition and is included in consolidated financial statements are as follows: -\nParticulars Amount\nProperty, plant and equipment (at fair value) 1,769.52\nDeferred tax assets 383.48\nTrade receivables 231.11\nOther assets 457.07\nT otal Assets (A) 2,841.18\nTrade payables 596.74\nOther liabilities 238.08\nT otal Liabilities (B) 834.82\nNet Assets (C = A-B) 2,006.36\nLess: Fair  value of Investment on date of investment 1,052.80\nLess: Acquisition value of interest of JV partner 48.84\nT otal (D) 1,101.64\nNet Gain recognized in other comprehensive income (C-D) 904.72\nThe fair value of the trade receivables amounts to Rs 231 Lacs. None of the trade receivables is credit impaired and it is expected that the \nfull contractual amounts can be collected.\nC. T erms and conditions of transactions with related parties\nAll transactions with these related parties are priced on arm\u2019s length basis and resulting outstanding balances at the year-end are \nunsecured and interest free and are to be settled in cash. The Company has not recorded any impairment of receivables relating to \namounts owed by related parties. This assessment is undertaken in each financial year through examining the financial position of the \nrelated party and the market in which the related party operates.", "start_char_idx": 0, "end_char_idx": 2214, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "52281d91-2e12-409a-8f07-892fe70d5b6d": {"__data__": {"id_": "52281d91-2e12-409a-8f07-892fe70d5b6d", "embedding": null, "metadata": {"page_label": "221", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "05e8f456-7e5f-4e7f-8f6c-f54f1e4a4ade", "node_type": null, "metadata": {"page_label": "221", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6772298488fdf97bb5eb10f267b665ace0ca073bf145b1b758cc5fca7b3b0877"}}, "hash": "6772298488fdf97bb5eb10f267b665ace0ca073bf145b1b758cc5fca7b3b0877", "text": "Sandhar Technologies Limited220\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n34. Disclosure required under Section 186(4) of the Companies Act, 2013\na. P articulars of loan given (Loan repayable on demand where given to related parties as mentioned below)\nName of the loanee Loan given \nin earlier \nyearsLoan given \nduring the \nyearLoan \nwritten  \noffRepay-\nment \nduring the \nyearConverted \ninto  \nEquityOutstand-\ning balance \nas at 31 \nMarch \n2022Purpose\nSandhar Automotive \nSystem Pvt Ltd (formerly \nknown as Sandhar \nDaewha Automotive Systems Private Limited)133.18 - - 133.18 - -Loan given to joint venture company in pursuant to \nbusiness support.\nSandhar Amkin Industries \nPrivate Limited505.00 200.00 - 215.00 490.00 -Loan given to joint venture company in pursuant to business support.\nKwangsung Sandhar Automotive Systems Private Limited- 100.00 - 100.00 - -Loan given to joint venture company in pursuant to business support.\nSandhar Automotive \nSystem Pvt Ltd (formerly \nknown as Sandhar Daewha Automotive Systems Private Limited)88.18 45.00 - - - 133.18 Loan given to joint venture \ncompany in pursuant to \nbusiness support.\nSandhar Amkin Industries Private Limited430.00 505.00 - 150.00 280.00 505.00 Loan given to joint venture company in pursuant to business support.\nKwangsung Sandhar Automotive Systems Private Limited- 95.00 - 95.00 - -Loan given to joint venture company in pursuant to business support.\nKwangsung Sandhar T echnologies Private Limited- 165.00 - 165.00 - -Loan given to joint venture company in pursuant to business support.\n(ii) P articulars of Corporate guarantee/ standby letter of credit given to:\nName of the entity Guarantee \ngivenGuarantee \ndischargedOutstanding \nbalancePurpose\nSandhar Han Sung T echnologies Private  Limited 1,744.27 - 1,744.27 T o secure term loan & \nworking capital loan\nSandhar Amkin Industries Private Limited 1,890.95 - 1,890.95 T o secure term loan & \nworking capital loan\n(iii) P articulars of investments made:\nRefer note 6 and 7A for investments made by the Group.", "start_char_idx": 0, "end_char_idx": 2150, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "37c445e3-c8c8-4fb2-b73a-86d9a91d9c06": {"__data__": {"id_": "37c445e3-c8c8-4fb2-b73a-86d9a91d9c06", "embedding": null, "metadata": {"page_label": "222", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "f155c2e7-35f3-48fb-8dc8-ff33fa56a331", "node_type": null, "metadata": {"page_label": "222", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "77d154fff02d57a661b3feecc0d583faa1abd0b8b28ed47b25ec1e09ec51f82f"}}, "hash": "77d154fff02d57a661b3feecc0d583faa1abd0b8b28ed47b25ec1e09ec51f82f", "text": "221\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n35. Leases\ni. The Com pany has lease contracts for land & building used in its operations. Generally, the Company is restricted from assigning and \nsubleasing the leased assets. The Company also has certain leases of guest house and other equipment with lease terms of 12 months \nor less. The Company applies the \u2018short-term lease\u2019 recognition exemptions for these leases.\nii. Impact of adoption of Ind AS 116 on t he statement of profit and loss\nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\nInterest on lease liabilities (refer note 26) 397.47 336.03\nDepreciation on Right-of-use assets (refer note 24) 1,343.74 1,334.93\nImpact on the statement of profit and loss for the year 1,741.21 1,670.96\niii. Amount recognised in t he statement of cash flows\nParticulars For the year ended\n31 March 2022For the year ended\n31 March 2021\nRepayment of lease liabilities including interest expenses 1,609.28 1,738.02\nImpact on the statement of cash flows for the year 1,609.28 1,738.02\niv. The Group does not foresee significa nt down-sizing of its employee base rendering the physical infrastructure redundant. The leases \nthat the Group has entered with lessors towards properties used as offices are long term in nature and no changes in terms of those leases are expected due to the COVID-19.\n36. Financial Instruments- Fair V alues\nSet out below, is a comparison by class of the carrying amounts and fair value of the Company\u2019s financial instruments, other than those with \ncarrying amounts that are reasonable approximations of fair values:\nParticulars  Carrying value  Fair value\nAs at \n31 March 2022As at  \n31 March 2021As at \n31 March 2022As at \n31 March 2021\nFinancial assets\nA. FVTPL:\nInvestment in Unquoted Equity Shares excluding investment in subsidiaries, joint controlled entities and associate 97.24 84.05 97.24 84.05\nInvestment in Unquoted Mutual Funds 585.23 153.82 585.23 153.82\nB. Amortised Cost:\nSecurity deposit 2,101.95 1,208.78 2,101.95 1,208.78\nLoans recoverable from related parties - 638.18 - 638.18\nLoans to employees 43.48 40.40 43.48 40.40\nT otal 2,145.43 1,887.36 2,145.43 1,887.36\nFinancial liabilities\nA. Amortised Cost:\nBorrowings\nLoans 51,564.16 22,056.40 51,564.16 22,056.40\nLease liabilities 9,854.84   8,977.88 9,854.84 8,977.88\nT otal 61,419.00     31,034.28 61,419.00     31,034.28\nThe management assessed that the fair values of short term financial assets and liabilities significantly approximate their carrying amounts \nlargely due to the short-term maturities of these instruments. Accordingly, management has not disclosed fair values for financial instruments \nsuch as trade receivables, trade payables, cash and cash equivalents, other current assets, interest accrued on fixed deposits, other current \nliabilities etc.\nThe fair value of the financial assets and liabilities is included at the amount at which the instrument could be exchanged in a current \ntransaction between willing parties, other than in a forced or liquidation sale.", "start_char_idx": 0, "end_char_idx": 3193, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "03886520-8d27-43ed-b006-1b6ad892e72d": {"__data__": {"id_": "03886520-8d27-43ed-b006-1b6ad892e72d", "embedding": null, "metadata": {"page_label": "223", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e217ce21-9115-4218-a3b4-c92b87c5a5d1", "node_type": null, "metadata": {"page_label": "223", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "be84ce0116abd5eed3feb636cee32e30df332741d71cf1cc26cd696893f8eda6"}}, "hash": "be84ce0116abd5eed3feb636cee32e30df332741d71cf1cc26cd696893f8eda6", "text": "Sandhar Technologies Limited222\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nThe following methods and assumptions were used to estimate the fair values:\nLong-term fixed-rate and variable-rate Receivables/Borrowings are evaluated by the company based on parameters such as interest Rates, \nspecific country risk factors, individual creditworthiness of the customer and the risk characteristics of the financed project based on this \nevaluation, allowances are taken into account for the expected credit losses of these receivables.\nThe fair value of unquoted instruments, is calculated by arriving at intrinsic value of the investee. The fair value of loans from banks and other \nfinancial liabilities, obligations under finance leases, as well as other non-current financial liabilities is estimated by discounting future cash \nflows using rates currently available for debt on similar terms, credit risk and remaining maturities.\nDiscount rates used in determining fair value:\nThe interest rates used to discount estimated future cash flows, where applicable, are based on the discount rate that reflects the issuer\u2019s \nborrowing rate as at the end of the reporting period. \nThe Company maintains policies and procedures to value financial assets or financial liabilities using the best and most relevant data available. \nIn addition, the Company internally reviews valuation, including independent price validation for certain instruments.\n37. Fair Values hierarchy\nThis section explains the judgements and estimates made in determining the fair values of the financial statements that are \n(a) recognised a nd measured at fair value and \n(b) measured at amortised cost  and for which fair values are disclosed in the financial statements. \nT o provide an indication about the reliability of the inputs used in determining fair value, the company has classified its financial instruments into three levels prescribed under the accounting standard.\nAll financial instruments for which fair value is recognised or disclosed are categorized with in the fair value hierarchy, described as \nfollows, based on the lowest level input that is significant to the fair value measurement as a whole:\nLevel 1:  quoted prices (unadjusted) in active markets for identical assets or liabilities.\nLevel 2:  inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or \nindirectly (i.e. derived from prices).Level 3:  inputs for the asset or liability that are not based on observable market data (unobservable inputs).\nThe company has an established control framework with respect to the measurements of fair values. This includes a valuation team and \nhas overall responsibility for overseeing all significant fair value measurements and reports directly to the Chief Finance Officer. The \nvaluation team regularly reviews significant unobservable inputs and valuation adjustments. If third party information, such as broker \nquotes or pricing services, is used to measure fair values, then the valuation team assesses the evidence obtained from the third parties \nto support the conclusion that these valuations meet the requirements of Ind AS, including the level in the fair value hierarchy in which \nthe valuations should be classified. Significant valuation issues are reported to the Company\u2019s audit committee.\nThe following table provides the fair value measurement hierarchy of the Company\u2019s assets and liabilities.", "start_char_idx": 0, "end_char_idx": 3601, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "50c40a4c-20c7-4689-89b6-1f61ba520e4a": {"__data__": {"id_": "50c40a4c-20c7-4689-89b6-1f61ba520e4a", "embedding": null, "metadata": {"page_label": "224", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "1ee19e0c-be4d-4072-a01f-b8b20007d024", "node_type": null, "metadata": {"page_label": "224", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8215e7dfcf82c3f3db4814f50b650454b9c1293fd4ed495c4b96bda13d88f218"}}, "hash": "8215e7dfcf82c3f3db4814f50b650454b9c1293fd4ed495c4b96bda13d88f218", "text": "223\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nA. Quantitative disclosures fair value measurement hierarchy for assets as at 31 March 2022:\nParticulars T otal Fair value measurement using\nQuoted prices \nin active \nmarketsSignificant \nobservable \ninputsSignificant \nunobservable \ninputs\n(Level 1) (Level 2) (Level 3)\nAssets measured at FVTPL:\nInvestment in Unquoted Equity Shares excluding investment \nin subsidiaries, joint controlled entities and associate 97.24 - - 97.24\nInvestment in Unquoted Mutual Funds 585.23 - - 585.23\nAssets measured at amortised cost for which fair values \nare disclosed (refer note 36):\nSecurity deposit 2,101.95 - - 2,101.95\nLoans recoverable from related parties - - - -\nLoans to employees 43.48 - - 43.48\nLiabilities measured at amortised cost for which fair values \nare disclosed (refer note 36):\nLoans 51,564.16 - - 51,564.16\nLease liabilities 9,854.84 - - 9,854.84\nThere have been no transfers between Level 1 and Level 2 during the period.\nB. Quantitative disclosures fair value measurement hierarchy for assets as at 31 March 2021:\nParticulars T otal Fair value measurement using\nQuoted prices \nin active \nmarketsSignificant \nobservable \ninputsSignificant \nunobservable \ninputs\n(Level 1) (Level 2) (Level 3)\nAssets measured at FVTPL:\nInvestment in Unquoted Equity Shares excluding investment \nin subsidiaries, joint controlled entities and associate 84.05 - - 84.05\nInvestment in Unquoted Mutual Funds 153.82 - - 153.82\nAssets measured at amortised cost for which fair values \nare disclosed (refer note 36):\nSecurity deposit 1,208.78 - - 1,208.78\nLoans recoverable from related parties 638.18 - - 638.18\nLoans to employees 40.40 - - 40.40\nLiabilities measured at amortised cost for which fair values \nare disclosed (refer note 36):\nLoans   22,056.40 - -      22,056.40\nLease liabilities 8,977.88 - -    8,977.88\nThere have been no transfers between Level 1 and Level 2 during the period.", "start_char_idx": 0, "end_char_idx": 2063, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "af928625-a6c9-4696-8b40-ef5ee98e05dd": {"__data__": {"id_": "af928625-a6c9-4696-8b40-ef5ee98e05dd", "embedding": null, "metadata": {"page_label": "225", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e9f14d14-bc97-42c6-b67b-de5501af7dc5", "node_type": null, "metadata": {"page_label": "225", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e0d3594b3d2c008a03926f8d9716021c40d3c0c754c14019fbe052d8720a0053"}, "3": {"node_id": "12ad2efd-f306-4f46-a26d-a2a5cf1eec85", "node_type": null, "metadata": {"page_label": "225", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "39ff57f74300096e8fe700e33474db04568c10c5f03eebd205f94d949e1861cf"}}, "hash": "d1b8a0033fc5f8e6cbd0089ef8611cb25beeaab794eef33c31d2073ec05fac72", "text": "Sandhar Technologies Limited224\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n38. Financial risk management objectiv es and policies\nThe Company is primarily engaged in the manufacturing and assembling of automotive components such as lock-set, mirrors and various \nsheet metal components including cabins for two wheelers, four wheelers and off road vehicle industry. The Company\u2019s principal financial \nliabilities, comprises loans and borrowings, trade and other payables and finance lease obligation. The main purpose of these financial liabilities \nis to support the Company\u2019s operations. The Company\u2019s principal financial assets include investments in equity, employee advances, trade \nand other receivables, security deposits, cash and short-term deposits that derive directly from its operations. The Company also enters into \nderivative transactions viz. CCIRS and Principal Swaps.\nThe Company has exposure to the following risks arising from financial instruments \n- Market risk (see (b));\n- Credit risk (see (c)); and - Liquidity risk (see (d)).\nThis note explains the sources of risk which the entity is exposed to and how the entity manages the risk and the impact of hedge accounting \nin the financial statements.\na) Risk Man agement Framework\nThe Company\u2019s activities make it susceptible to various risks. The company has taken adequate measures to address such concerns \nby developing adequate systems and practices. The Company\u2019s overall risk management program focuses on the unpredictability of \nmarkets and seeks to manage the impact of these risks on the Company\u2019s financial performance. \nThe Company\u2019s senior management oversee the management of these risks and advises on financial risks and the appropriate financial \nrisk governance framework for the Company. The board provides assurance to the shareholders that the Company\u2019s financial risk \nactivities are governed by appropriate policies and procedures and that financial risks are identified, measured and managed in \naccordance with the Company\u2019s policies and risk objectives. All derivative activities for risk management purposes are carried out by \nspecialist teams that have the appropriate skills, experience and supervision. It is the Company\u2019s policy that no trading in derivatives for \nspeculative purposes may be undertaken. \nThe Company\u2019s risk management policies are established to identify and analyse the risks faced by the company, to set appropriate risk \nlimits and controls and to monitor risks and adherence to limits. Risk management policies are reviewed regularly to reflect changes \nin market conditions and company\u2019s activities. The company, through its training and management standards and procedures, aims to \nmaintain a disciplined and constructive control environment in which all employees understand their roles and obligations.\nThe Company\u2019s audit committee oversees how management monitors compliance with the company\u2019s risk management policies \nand procedures, and reviews the adequacy of the risk management framework in relation to the risks faced by the company. The \naudit committee is assisted in its oversight role by internal audit. Internal audit undertakes both regular and ad hoc reviews of risk \nmanagement controls and procedures, the results of which are reported to the audit committee.\nThis note explains the sources of risk which the entity is exposed to and how the entity manages the risk and the impact of hedge \naccounting in the financial statements.\nRisk Exposure arising from Measurement Management of risk\nCredit Risk Cash and cash equivalents, \ntrade receivables, derivative \nfinancial instruments, financial assets measured at amortised cost.Ageing analysis, Credit ratings Diversification of bank \ndeposits, credit limits and \nletter of credit.\nLiquidity Risk Borrowings and liabilities Cash flow forecasting, Sensitivity analysisAvailability of borrowing facilities.\nMarket risk - foreign currency riskFuture commercial transactions, Recognised financial liabilities not denominates in Indian Rupee \n(INR)Cash flow forecasting,", "start_char_idx": 0, "end_char_idx": 4183, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "12ad2efd-f306-4f46-a26d-a2a5cf1eec85": {"__data__": {"id_": "12ad2efd-f306-4f46-a26d-a2a5cf1eec85", "embedding": null, "metadata": {"page_label": "225", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e9f14d14-bc97-42c6-b67b-de5501af7dc5", "node_type": null, "metadata": {"page_label": "225", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e0d3594b3d2c008a03926f8d9716021c40d3c0c754c14019fbe052d8720a0053"}, "2": {"node_id": "af928625-a6c9-4696-8b40-ef5ee98e05dd", "node_type": null, "metadata": {"page_label": "225", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "d1b8a0033fc5f8e6cbd0089ef8611cb25beeaab794eef33c31d2073ec05fac72"}}, "hash": "39ff57f74300096e8fe700e33474db04568c10c5f03eebd205f94d949e1861cf", "text": "liabilities not denominates in Indian Rupee \n(INR)Cash flow forecasting, \nSensitivity analysisCross currency principal interest swaps\nMarket risk \u2013 interest rate risk Long-term borrowings at variable ratesSensitivity analysis", "start_char_idx": 4111, "end_char_idx": 4336, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5981a90d-1424-4d17-ad68-acffa96a43ab": {"__data__": {"id_": "5981a90d-1424-4d17-ad68-acffa96a43ab", "embedding": null, "metadata": {"page_label": "226", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "dbd2ee5c-91ec-48c3-a0b2-82f3ba56d642", "node_type": null, "metadata": {"page_label": "226", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9301bb00a22fe2745510aa28aa2010a8f8ffd4fb28c0f9e5dcacdb17516336e7"}}, "hash": "9301bb00a22fe2745510aa28aa2010a8f8ffd4fb28c0f9e5dcacdb17516336e7", "text": "225\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nb) Mar ket Risk\nMarket risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market prices. \nMarket risk comprises following types of risk: interest rate risk, currency risk, price risk, and commodity risk. Financial instruments \naffected by market risk include loans and borrowings, investment, deposits, advances and derivative financial instruments.\nThe sensitivity analyses in the following sections relate to the position as at 31 March 2022 and 31 March 2021. The sensitivity analyses \nhave been prepared on the basis that the amount of net debt, the ratio of floating to fixed interest rates of the debt and derivatives and \nthe proportion of financial instruments in foreign currencies are all constant in place at 31 March 2022. \nThe analyses exclude the impact of movements in market variables on: the carrying values of gratuity and other post-retirement \nobligations; provisions.\nThe following assumptions have been made in calculating the sensitivity analysis:\n-The sensitivity of the relevant profit or loss item is the effect of the assumed changes in respective market risks. This is based on the \nfinancial assets and financial liabilities held at 31 March 2022 and 31 March 2021.\nc) Inter est rate risk \nInterest rate risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in market \ninterest rates. The Company\u2019s exposure to the risk of changes in market interest rates relates primarily to the Company\u2019s long-term \ndebt obligations with fixed interest rates.\nThe Company enters Cross Currency Interest Rate Swaps to manage its Forex and interest rate risk, in which it agrees to exchange, at \nspecified intervals, the difference between floating and fixed rate interest amounts calculated by reference to an agreed-upon notional \nprincipal amount.\nExposure to interest rate risk\nThe interest rate profile of the Company\u2019s interest bearing financial instruments as reported to management is as follows:\nParticulars 31 March \n202231 March \n2021\nFinancial Liabilities\nFixed rate instruments \n- Vehicle Loan 5.31 23.85\nVariable rate instruments\n- T erm Loans 27,309.96 10,653.01\n- Cash credit from bank 24,248.89 11,379.54\nFinancial Assets\nFixed rate instruments\n- Fixed Deposits 305.29 655.73\n- Loans 43.48 678.58\nThe Company does not account for fixed rate financial assets or financial liabilities at fair value through profit or loss, and the company \ndoes not designate derivatives (interest rate swaps) as hedging instruments under a fair value hedge accounting model. Therefore, a \nchange in interest rates at the reporting date would not affect profit or loss.", "start_char_idx": 0, "end_char_idx": 2900, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d2ebb684-04eb-4235-aea4-53bd0f1897a2": {"__data__": {"id_": "d2ebb684-04eb-4235-aea4-53bd0f1897a2", "embedding": null, "metadata": {"page_label": "227", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "a647e60e-0a4f-44b6-a467-8c09c6773c35", "node_type": null, "metadata": {"page_label": "227", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "d88a4ddbd3aa935a787889cf101ac57cf90d911a1dc986a81928c1eadf7e3173"}}, "hash": "d88a4ddbd3aa935a787889cf101ac57cf90d911a1dc986a81928c1eadf7e3173", "text": "Sandhar Technologies Limited226\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nInterest Rate sensitivity\nA reasonably possible change of 100 basis points in interest rates at the reporting date would have increased (decreased) equity and \nprofit or loss by the amounts shown below. This analysis assumes that all other variables, in particular foreign currency exchange rates, \nremain constant.\nParticulars Increase / decrease in basic \npointsProfit or loss Profit or loss (net of tax)\n31 March 2022\nSecured term loan from banks 100 191.05 142.97\nCash credit from bank 100 242.49 181.46\nOther borrowings 100 82.10 61.44\nSecured term loan (100) (191.05) (142.97)\nCash credit from bank (100) (242.49) (181.46)\nOther borrowings (100) (82.10) (61.44)\n31 March 2021\nSecured term loan from banks 100 42.56 31.84\nCash credit from bank 100 113.80 85.16\nOther borrowings 100 64.21 48.05\nSecured term loan (100) (42.56) (31.84)\nCash credit from bank (100) (113.80) (85.16)\nOther borrowings (100) (64.21) (48.05)\nCurrency risk\nForeign currency risk is the risk that the fair value or future cash flows of an exposure will fluctuate because of changes in foreign \nexchange rates. The Company\u2019s exposure to the risk of changes in foreign exchange rates relates primarily to the Company\u2019s operating \nactivities (when revenue or expense is denominated in a foreign currency) and borrowings in foreign currency (ECB borrowings).\nThe Company manages its foreign currency risk by entering into derivatives. When a derivative is entered into for the purpose of \nhedging, the Company negotiates the terms of those derivatives to match the terms of the hedged exposure.\nDetails of unhedged foreign currency exposures:\nParticulars As at 31 March 2022 As at 31 March 2021\nAmount In Foreign \nCurrencyAmount in Rs Amount In Foreign \nCurrencyAmount in Rs\nTrade Payables (USD) 23.51 1,781.45 18.08 1,321.80\nTrade Payables (JPY) 2,150.50 1,336.11 845.09 558.77\nTrade Payables (GBP) - - 0.02 1.61\nTrade Payables (EUR) 6.06 509.27 0.82 70.00\nTrade Payables (MXN) - - - -\nTrade Receivables (USD) 3.94 298.35 2.18 159.64\nTrade Receivables (MXN) 54.86 208.28 54.87 196.06\nTrade Receivables (EUR) 1.27 106.66 0.10 8.57", "start_char_idx": 0, "end_char_idx": 2298, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d805cabc-991b-43bf-ac39-595b6cf2a24a": {"__data__": {"id_": "d805cabc-991b-43bf-ac39-595b6cf2a24a", "embedding": null, "metadata": {"page_label": "228", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "56c057d3-f138-4806-a568-615ef7d26496", "node_type": null, "metadata": {"page_label": "228", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "91c98720d3735845555a0ca85a671d3bfef40817bb0e24b1754c6ace2c5e0720"}}, "hash": "91c98720d3735845555a0ca85a671d3bfef40817bb0e24b1754c6ace2c5e0720", "text": "227\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nThe following significant exchange rates were applied at the year end:\nParticulars Year end rates\nAs at  \n31 March 2022As at  \n31 March 2021\nINR/ JPY 0.6213 0.6612\nINR/ USD 75.7741 73.1173\nINR/ GBP - 100.7800\nINR/ EUR 84.0380 85.7800\nINR/ MXN 3.7966 3.5734\nSensitivity Analysis\nAny changes in the exchange rate of foreign currency against INR is not expected to have significant impact on the Company\u2019s profit \ndue to the short credit period. Accordingly, a 1% appreciation/depreciation of the INR as indicated below, against the USD would have \nincreased/reduced profit by the amounts shown below. This analysis is based on the foreign currency exchange rate variances that the \nCompany considered to be reasonably possible at the end of the reporting period. The analysis assumes that all other variable remains \nconstant.\nParticulars Change in \ncurrency rateNature of \nExposureYear end \nratesChanges in \nratesNet exposure \nJPYEffect on \nprofit before \ntax (INR)Effect on \nprofit after \ntax (INR)\n As at 31 \nMarch 2022INR/JPY \nIncreases by \n1 %\nImport Trade \npayables0.6213 0.0062 2,150.50 (13.36) (10.00)\nINR/JPY \nDecreases by \n1 %0.6213 (0.0062) 2,150.50 13.36 10.00\n As at 31 \nMarch 2021INR/JPY \nIncreases by \n1 %0.6612 0.0066 845.09 (5.59) (4.18)\nINR/JPY \nDecreases by \n1%0.6612 (0.0066) 845.09 5.59 4.18\nParticulars Change in \ncurrency rateNature of \nExposureYear end \nratesChanges in \nratesNet exposure  \nUSDEffect on \nprofit before \ntax (INR)Effect on \nprofit after \ntax (INR)\nAs at 31 \nMarch 2022 INR/USD \nIncreases by \n1 %\nImport Trade \npayables75.7741 0.7577 23.51 (17.81) (13.33)\nINR/USD \nDecreases by \n1 %75.7741 (0.7577) 23.51 17.81 13.33\n As at 31 \nMarch 2021INR/USD \nIncreases by \n1 %73.1173 0.7312 18.08 (13.22) (9.89)\nINR/USD \nDecreases by \n1 %73.1173 (0.7312) 18.08 13.22 9.89", "start_char_idx": 0, "end_char_idx": 1982, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c25fe176-bfa0-4828-9452-4faf57ffc082": {"__data__": {"id_": "c25fe176-bfa0-4828-9452-4faf57ffc082", "embedding": null, "metadata": {"page_label": "229", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "571db4e3-e1ae-422c-b8d7-e8306b90e125", "node_type": null, "metadata": {"page_label": "229", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e7da3b9e67d5b5fa43749259294d505649249eb66ef191c7ae04ba40e8d68116"}}, "hash": "e7da3b9e67d5b5fa43749259294d505649249eb66ef191c7ae04ba40e8d68116", "text": "Sandhar Technologies Limited228\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nParticulars Change in \ncurrency rateNature of \nExposureYear end \nratesChanges in \nratesNet exposure  \nGBPEffect on \nprofit before \ntax (INR)Effect on \nprofit after \ntax (INR)\nAs at 31 \nMarch 2022INR/GBP \nIncreases by \n1 %\nImport Trade \npayables- - - - -\nINR/GBP \nDecreases by \n1 %- - - - -\n As at 31 \nMarch 2021INR/GBP \nIncreases by \n1 %100.7800 1.0078 0.02 (0.02) (0.01)\nINR/GBP \nDecreases by \n1 %100.7800 (1.0078) 0.02 0.02 0.01\nParticulars Change in \ncurrency rateNature of \nExposureYear end \nratesChanges in \nratesNet exposure \nEUREffect on \nprofit before \ntax (INR)Effect on \nprofit after \ntax (INR)\n As at 31 \nMarch 2022INR/EUR \nIncreases by \n1 %\nImport Trade \npayables84.0380 0.8404 6.06 (5.09) (3.81)\nINR/EUR \nDecreases by \n1 %84.0380 (0.8404) 6.06 5.09 3.81\n As at 31 \nMarch 2021INR/EUR \nIncreases by \n1 %85.7800 0.8578 0.82 (0.70) (0.52)\nINR/EUR \nDecreases by \n1 %85.7800 (0.8578) 0.82 0.70 0.52\nParticulars Change in \ncurrency rateNature of \nExposureYear end \nratesChanges in \nratesNet exposure \nUSDEffect on \nprofit before \ntax (INR)Effect on \nprofit after \ntax (INR)\n As at 31 \nMarch 2022INR/USD \nIncreases by \n1 %\nExport Trade \nReceivables75.7741 0.7577 3.94 2.99 2.23\nINR/USD \nDecreases by \n1 %75.7741 (0.7577) 3.94 (2.99) (2.23)\n As at 31 \nMarch 2021INR/USD \nIncreases by \n1 %73.1173 0.7312 2.18 1.60 1.19\nINR/USD \nDecreases by \n1 %73.1173 (0.7312) 2.18 (1.60) (1.19)\nParticulars Change in \ncurrency rateNature of \nExposureYear end \nratesChanges in \nratesNet exposure \nMXNEffect on \nprofit before \ntax (INR)Effect on \nprofit after \ntax (INR)", "start_char_idx": 0, "end_char_idx": 1750, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4bce2bac-36b1-4071-aa92-a4ad78ba0c3a": {"__data__": {"id_": "4bce2bac-36b1-4071-aa92-a4ad78ba0c3a", "embedding": null, "metadata": {"page_label": "230", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "43b2ff31-9cbd-4b67-aefd-25e2e861e835", "node_type": null, "metadata": {"page_label": "230", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "81bfe4a8135f1c47a0b41777e4edd1e3b8eced124cbdadd0ab02a999b39b972f"}}, "hash": "81bfe4a8135f1c47a0b41777e4edd1e3b8eced124cbdadd0ab02a999b39b972f", "text": "229\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\n As at 31 \nMarch 2022INR/MXN \nIncreases by \n1 %\nExport Trade \nReceivables3.7966 0.0380 54.86 2.08 1.56\nINR/MXN \nDecreases by \n1 %3.7966 (0.0380) 54.86 (2.08) (1.56)\n As at 31 \nMarch 2021INR/MXN \nIncreases by \n1 %3.5734 0.0357 54.87 1.96 1.47\nINR/MXN \nDecreases by \n1 %3.5734 (0.0357) 54.87 (1.96) (1.47)\nParticulars Change in \ncurrency rateNature of \nExposureYear end \nratesChanges in \nratesNet exposure \nEUREffect on \nprofit before \ntax (INR)Effect on \nprofit after \ntax (INR)\n As at 31 \nMarch 2022INR/EUR \nIncreases by \n1 %\nExport Trade \nReceivables84.0380 0.8404 1.27 1.07 0.80\nINR/EUR \nDecreases by \n1 %84.0380 (0.8404) 1.27 (1.07) (0.80)\n As at 31 \nMarch 2021INR/EUR \nIncreases by \n1 %85.7800 0.8578 0.10 0.09 0.06\nINR/EUR \nDecreases by \n1 %85.7800 (0.8578) 0.10 (0.09) (0.06)\nEquity price risk\nThe Company\u2019s listed & non-listed equity securities are susceptible to market price risk arising from uncertainties about future values \nof the investment securities. The Company manages the equity price risk through diversification and by placing limits on total equity \ninstruments. Reports on the equity portfolio are submitted to the Company\u2019s senior management on a regular basis. The Company\u2019s \nBoard of Directors reviews and approves all equity investment decisions.\nCredit risk\nCredit risk is the risk that counterparty will not meet its obligations under a financial instrument or customer contract, leading to \na financial loss. The Company is exposed to credit risk from its operating activities (primarily trade receivables), including foreign \nexchange transactions and other financial instruments.\nTrade receivables\nInd AS requires expected credit losses to be measured through a loss allowance. The Company assesses at each date of statements \nof financial position whether a financial asset or a company of financial assets is impaired. The Company recognises lifetime expected \nlosses for all contract assets and / or all trade receivables that do not constitute a financing transaction. For all other financial assets, \nexpected credit losses are measured at an amount equal to the 12 months expected credit losses or at an amount equal to the life time \nexpected credit losses if the credit risk on the financial asset has increased significantly since initial recognition.\nTrade receivables of Rs. 44,537.42 Lacs as at 31 March 2022 forms a significant part of the financial assets carried at amortised cost, \nwhich is valued considering provision for allowance using expected credit loss method. In addition to the historical pattern of credit \nloss, we have considered the likelihood of increased credit risk and consequential default considering emerging situations due to \nCOVID-19. This assessment is not based on any mathematical model but an assessment considering the nature of segment, impact \nimmediately seen in the demand outlook of these segments and the financial strength of the customers in respect of whom amounts \nare receivable.\nCompany\u2019s exposure to customers is diversified and some customer contributes more than 10% of outstanding accounts receivable as \nof 31 March 2022 and 31 March 2021, however there was no default on account of those customers in the past.", "start_char_idx": 0, "end_char_idx": 3391, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d89ed549-cc22-4c80-a30a-433a0ece49ad": {"__data__": {"id_": "d89ed549-cc22-4c80-a30a-433a0ece49ad", "embedding": null, "metadata": {"page_label": "231", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e0be5702-67e7-4ad8-ab4d-8174451bdb51", "node_type": null, "metadata": {"page_label": "231", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "559069b07566d6ce5480df42722195c593d07a9d6be7766112d189f54459ff25"}}, "hash": "559069b07566d6ce5480df42722195c593d07a9d6be7766112d189f54459ff25", "text": "Sandhar Technologies Limited230\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nBefore accepting any new customer, the Company assesses the potential customer\u2019s credit quality and defines credit limits to customer. \nLimits and scoring attributed to customers are reviewed on periodic basis.\nThe Company performs credit assessment for customers on an annual basis and recognizes credit risk, on the basis lifetime expected \nlosses and where receivables are due for more than six months.\nExposure to credit risk\nThe carrying amount of financial assets represents the maximum credit exposure. The maximum exposure to credit risk at the reporting \ndate was:\n(a) Financial assets for which loss allowance is measured using 12 months Expected Credit Losses (ECL)\nParticulars As at  \n31 March 2022As at  \n31 March 2021\nLoans 43.48 678.58\nOther financial assets 1,535.86 1,495.31\nT otal 1,579.34 2,173.89\n(b) The ageing analysis of trade receivables for which loss allowance is measured using Life time Expected Credit Losses as of the \nreporting date is as follows:\nParticulars As at  \n31 March \n20220- 6 Month 6 \u2013 12 month More than  \n12 months\nGross Carrying Amount 44,836.02 44,532.25 2.55 301.22\nExpected credit loss (Loss allowance provision) 298.60 - - 298.60\nCarrying amount of trade receivables 44,537.42 44,532.25 2.55 2.62\nParticulars As at  \n31 March \n20210- 6 Month 6 \u2013 12 month More than  \n12 months\nGross Carrying Amount 39,591.87 39,233.67 19.05 339.15\nExpected credit loss (Loss allowance provision) 299.54 - - 299.54\nCarrying amount of trade receivables 39,292.33 39,233.67 19.05 39.61\nFinancial instruments and cash deposits\nCredit risk from balances with banks and financial institutions is managed by the Corporate finance department in accordance with the \nCompany\u2019s policy. Investments of surplus funds are made only in schemes of alternate investment fund/or other appropriate avenues \nincluding term and recurring deposits with approved counterparties and within credit limits assigned to each counterparty. Counterparty \ncredit limits are reviewed by the Company\u2019s Board of Directors on an annual basis. The limits are set to minimize the concentration of risks \nand therefore mitigate financial loss through counterparty\u2019s potential failure to make payments.\nThe Company places its cash and cash equivalents and term deposits with banks with high investment grade ratings, limits the amount of \ncredit exposure with any one bank and conducts ongoing evaluation of the credit worthiness of the banks with which it does business. Given \nthe high credit ratings of these banks, the Company does not expect these banks to fail in meeting their obligations. The maximum exposure \nto credit risk for the components of the balance sheet at 31 March 2022 and 31 March 2021 is represented by the carrying amount of each \nfinancial asset.\nd) Liquidity risk\nLiquidity risk refers to the risk that the company cannot meet its financial obligations. The objective of liquidity risk management is to \nmaintain sufficient liquidity and ensure that funds are available for use as per requirements. The Company manages liquidity risk by \nmaintaining adequate reserves, banking facilities and reserve borrowing facilities, by continuously monitoring forecast and actual cash \nflows, and by matching the maturity profiles of financial assets and liabilities.\nThe Company\u2019s objective is to maintain a balance between continuity of funding and flexibility through the use of bank overdrafts, \nbuyers credit and bank loans. The Company assessed the concentration of risk with respect to refinancing its debt and concluded it to \nbe low. The Company has access to a sufficient variety of sources of funding and debt maturing within 12 months can be rolled over \nwith existing lenders.", "start_char_idx": 0, "end_char_idx": 3893, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4aec8888-7f2c-424f-b72d-c3cad778bc14": {"__data__": {"id_": "4aec8888-7f2c-424f-b72d-c3cad778bc14", "embedding": null, "metadata": {"page_label": "232", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "06cbe005-9129-4484-86a8-bc9db30a433b", "node_type": null, "metadata": {"page_label": "232", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6824c9f391598e7c6e91efc95b75ed5900233d7e63e3607c46f063d9495e5d71"}}, "hash": "6824c9f391598e7c6e91efc95b75ed5900233d7e63e3607c46f063d9495e5d71", "text": "231\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nThe table below summarises the maturity profile of the Company\u2019s financial liabilities based on contractual undiscounted payments:\nParticularsContractual cash flows\nCarrying value as \nat 31 March 20220- 1 year 1- 5 year More than 5 year\nTrade Payable 39,778.53 39,685.64 92.89 -\nBorrowings 51,564.16 26,871.82 24,692.34 -\nLease liabilities 9,854.84 1,526.34 8,328.50 -\nOther financial liabilities 2,504.00 2,467.11 36.89 -\nT otal 1,03,701.53 70,550.91 33,150.62 -\nParticularsContractual cash flows\nCarrying value as \nat 31 March 20210- 1 year 1- 5 year More than 5 year\nTrade Payable 39,154.37 39,077.64 76.73 -\nBorrowings 22,056.40 12,128.00 9,928.40 -\nLease liabilities 8,977.88 1,136.19 7,711.80 129.59\nOther financial liabilities 1,404.08 1,208.12 195.96 -\nT otal 71,592.73 53,549.95 17,912.89 129.59\n39. Capital management\nThe Company\u2019s capital management objectives are:\nThe Board policy is to maintain a strong capital base so as to maintain investor, creditor and market confidence and to sustain future \ndevelopment of the business. The Board of Directors monitors the return on capital employed, as well as the level of dividends to equity \nshareholders.\nThe Company manages capital risk by maintaining sound/optimal capital structure through monitoring of financial ratios, such as \ndebt-to-equity ratio and net borrowings-to-equity ratio on a monthly basis and implements capital structure improvement plan when \nnecessary.\nThe Company uses debt equity ratio as a capital management index and calculates the ratio as Net debt divided by total equity. Net debt \nand total equity are based on the amounts stated in the financial statements.\nParticulars 31 March 2022 31 March 2021\nNet Debt (A)* 50,316.77 20,791.05\nEquity (B) 86,281.28 80,806.56\nDebt Equity Ratio (A/B) 0.58 0.26\n* Net debt includes Non-Current borrowing, Current borrowing, Current maturities of non-current borrowing net off Current \ninvestment and cash, cash equivalent and other bank balance.\n40. Segment Reporting\nInformation reported to the chief operating decision maker (CODM) for the purposes of resource allocation and assessment of \nsegment performance focuses on the types of goods or services delivered or provided. The Company is in the business of manufacture \nand sale of automotive components, which in the context of Indian Accounting Standard 108 \u2018Segment Information\u2019 represents single \nreportable business segment. The accounting policies of the reportable segments are the same as the accounting policies disclosed in \nNote 2. The revenues, total expenses and net profit as per the Statement of Profit and Loss represents the revenue, total expenses and \nthe net profit of the sole reportable segment.\nGeographical informationThe Group\u2019s revenue from operations from external customers by location of operations and information about its non-current assets \nby location of assets are detailed below:", "start_char_idx": 0, "end_char_idx": 3084, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f6c9770f-ef62-4391-85f5-6236b682c812": {"__data__": {"id_": "f6c9770f-ef62-4391-85f5-6236b682c812", "embedding": null, "metadata": {"page_label": "233", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "672dc6cb-eb37-4426-bc18-8117e5888e03", "node_type": null, "metadata": {"page_label": "233", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8286c67ee0f390fc7673da5cf6b52fa2bf5675a80a12f6a73d4fd33f778b43ce"}}, "hash": "8286c67ee0f390fc7673da5cf6b52fa2bf5675a80a12f6a73d4fd33f778b43ce", "text": "Sandhar Technologies Limited232\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nRevenue from Operations\nParticulars For the year ended  \n31 March 2022For the year ended  \n31 March 2021\nRevenue from external customers\nIndia 1,95,367.78 159,651.65\nEurope 37,002.45 26,704.86\nT otal 2,32,370.23 186,356.51\nNon-current Assets\nParticulars As at \n31 March 2022As at \n31 March 2021\nIndia 87,861.69 69,115.40\nEurope 29,776.27 24,097.93\nT otal 1,17,637.96 93,213.33\nMajor customer\nRevenue from transactions of the Company with some of its OEM customers exceed 10 per cent or more of the Company\u2019s total \nrevenue\n41. Interest in Joint v enture \nThe Group has a 50% interest in Sandhar Hang Sung T echnologies Private Limited., Sandhar Eco Green Energy Private Limited, Sandhar Amkin Industries Private Limited, Jinyoung Sandhar Mechatronics Private Limited, Indo T oolings Private Limited, Sandhar Daewha \nAutomotive Systems Private Limited, Sandhar Daeshin Auto Systems Private Limited, Sandhar Whetron Electronics Private Limited, \nKwangsung Sandhar T echnologies Private Limited, Winnercom Sandhar T echnologies Private Limited, Sandhar Han Shin Automotive \nPrivate Limited, Sandhar Han Shin Auto T echnologies Private Limited and Sandhar Daeshin T echnologies Private Limited, joint venture \nentities are involved in manufacturing of the group\u2019s main automotive products in India.\nThe Group\u2019s interest in Sandhar Hang Sung T echnologies Private Limited., Sandhar Ecco Green Energy Private Limited, Sandhar Amkin \nIndustries Private Limited, Jinyoung Sandhar Mechatronics Private Limited, Indo T oolings Private Limited, Sandhar Daewha Automotive \nSystems Private Limited, Sandhar Daeshin Auto Systems Private Limited, Sandhar Whetron Electronics Private Limited, Kwangsung \nSandhar T echnologies Private Limited, Winnercom Sandhar T echnologies Private Limited, Sandhar Han Shin Automotive Private \nLimited, Sandhar Han Shin Auto T echnologies Private Limited and Sandhar Daeshin T echnologies Private Limited is accounted for using \nthe equity method in the consolidated financial statements. \nSummarised financial information of the joint venture, based on its Ind AS financial statements, and reconciliation with the carrying \namount of investment in consolidated financial statements are set out below :", "start_char_idx": 0, "end_char_idx": 2414, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "611f9f72-9f2e-470f-a57e-389ec7c64993": {"__data__": {"id_": "611f9f72-9f2e-470f-a57e-389ec7c64993", "embedding": null, "metadata": {"page_label": "234", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e87b4a9e-e334-4d62-95ca-df1aa17a8faa", "node_type": null, "metadata": {"page_label": "234", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f70f0e2876acb513f99b44cc23fe1f638503806f825c1a64cb4d350728a429d7"}}, "hash": "f70f0e2876acb513f99b44cc23fe1f638503806f825c1a64cb4d350728a429d7", "text": "233\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nSandhar Ecco Green Energy Private Limited\nSummarised balance sheet as at 31 March 2022 and 31 March 2021:\nParticulars 31 March 2022 31 March 2021\nCurrent assets 148.84 149.29\nNon-Current assets 0.74 2.05\nCurrent Liabilities 3.70 1.99\nEquity 145.88 149.35\nProportion of the group\u2019s ownership 72.94 74.67\nSummarised Statement of profit & loss of Sandhar Ecco Green Energy Private Limited:\nParticulars 31 March 2022 31 March 2021\nRevenue - -\nOther incomes 4.51 5.28\nCost of Raw Material & Component Consumed - -\nEmployee Benefits Expense - -\nFinance Cost - 0.01\nDepreciation and Amortization Expense - 1.47\nOther Expenses 7.99 24.36\n(Loss)/ Profit Before T ax (3.48) (20.56)\nIncome tax expense - 1.98\n(Loss)/ Profit for the year (continuing operations) (3.48) (22.54)\nOther comprehensive income for the year, net of tax - -\nT otal Comprehensive income for the year (continuing operations) (3.48) (22.54)\nGroup\u2019s share of profit/ (loss) for the year (1.74) (11.27)\nSandhar Han Sung T echnologies Private Limited\nSummarised balance sheet as at 31 March 2022 and 31 March 2021:\nParticulars 31 March 2022 31 March 2021\nCurrent assets 1,466.09 1,781.94\nNon-Current assets 4,024.09 3,785.15\nCurrent Liabilities 1,850.24 2,057.11\nNon-current liabilities 1,253.25 1,140.38\nEquity 2,386.70 2,369.60\nProportion of the group\u2019s ownership 1,193.35 1,184.80\nSummarised Statement of profit & loss\nParticulars 31 March 2022 31 March 2021\nRevenue 3,878.13 3,028.34\nOther incomes 11.58 21.96\nCost of Raw Material & Component Consumed 2,222.56 1,745.88\nEmployee Benefits Expense 771.01 661.01\nFinance Costs 127.05 112.07\nDepreciation and Amortization Expense 333.78 235.44\nOther Expenses  697.04 542.64\nLoss Before T ax (261.73) (246.74)\nIncome tax expense (75.68) (64.86)\n(Loss)/ Profit for the year (continuing operations) (186.04) (181.89)\nOther comprehensive income for the year, net of tax (1.39) 3.35\nT otal Comprehensive income for the year (continuing operations) (187.44) (178.53)\nGroup\u2019s share of profit/ (loss) for the year (93.72) (89.27)", "start_char_idx": 0, "end_char_idx": 2214, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "127b55b5-52e0-4404-823a-841e4a113f5a": {"__data__": {"id_": "127b55b5-52e0-4404-823a-841e4a113f5a", "embedding": null, "metadata": {"page_label": "235", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "21baaf96-42e7-4107-94a9-610696a45296", "node_type": null, "metadata": {"page_label": "235", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "257d305732878c8dfc6be1fa42079d61bf96ef89a259078dec184dc49de9dadc"}}, "hash": "257d305732878c8dfc6be1fa42079d61bf96ef89a259078dec184dc49de9dadc", "text": "Sandhar Technologies Limited234\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nIndo T oolings Private Limited\nSummarised balance sheet as at 31 March 2022 and 31 March 2021:\nParticulars 31 March 2022 31 March 2021\nCurrent assets - 2,546.14\nNon-Current assets - 238.63\nCurrent Liabilities - 2,627.15\nNon-current liabilities - 97.59\nEquity - 60.03\nProportion of the group\u2019s ownership - 30.01\nSummarised Statement of profit & loss\nParticulars 31 March 2022 31 March 2021\nRevenue - 985.91\nOther incomes - 0.05\nCost of Raw Material & Component Consumed - 668.03\nEmployee Benefits Expense - 296.64\nFinance Costs - 26.00\nDepreciation and Amortization Expense - 10.58\nOther Expenses - 196.48\nProfit/ (Loss) Before T ax - (211.76)\nIncome tax expense - (39.08)\nProfit/ (Loss) for the year (continuing operations) - (172.68)\nOther comprehensive income for the year, net of tax - 0.93\nT otal Comprehensive income for the year (continuing operations) - (171.75)\nGroup\u2019s share of profit/ (loss) for the year - (85.88)\nSandhar Amkin Industries Private Limited\nSummarised balance sheet as at 31 March 2022 and 31 March 2021:\nParticulars 31 March 2022 31 March 2021\nCurrent assets 1,396.47 1,674.02\nNon-Current assets 2,132.30 2,167.90\nCurrent Liabilities 1,400.95 1,790.83\nNon-current liabilities 1,593.90 1,787.81\nEquity 533.92 263.28\nProportion of the group\u2019s ownership 266.96 131.64\nSummarised Statement of profit & loss\nParticulars 31 March 2022 31 March 2021\nRevenue 2,003.80 1,379.94\nOther incomes 12.40 11.73\nCost of Raw Material & Component Consumed 1,612.27 1,063.17\nEmployee Benefits Expense 317.27 421.34\nFinance Costs 224.44 270.12\nDepreciation and Amortization Expense 260.66 227.98\nOther Expenses 633.74 587.48\nLoss Before T ax (1,032.18) (1,178.42)\nIncome tax expense (112.75) (539.43)\nLoss for the year (continuing operations) (919.43) (638.99)\nOther comprehensive income for the year, net of tax 7.91 (1.01)\nT otal Comprehensive income for the year (continuing operations) (911.52) (640.00)\nGroup\u2019s share of loss for the year (455.76) (320.00)", "start_char_idx": 0, "end_char_idx": 2158, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d6f90831-6f2d-42ac-90c0-11330d76b07e": {"__data__": {"id_": "d6f90831-6f2d-42ac-90c0-11330d76b07e", "embedding": null, "metadata": {"page_label": "236", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "e89a953f-4697-434b-a305-0f048574727d", "node_type": null, "metadata": {"page_label": "236", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ed5f2171046ced534404542468e5c123cfec75d753e297461e5d9c8ee02400f6"}}, "hash": "ed5f2171046ced534404542468e5c123cfec75d753e297461e5d9c8ee02400f6", "text": "235\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nJinyoung Sandhar Mechatronics Private Limited\nSummarised balance sheet as at 31 March 2022 and 31 March 2021:\nParticulars 31 March 2022 31 March 2021\nCurrent assets 2,377.04 2,899.96\nNon-Current assets 4,463.62 4,616.48\nCurrent Liabilities 3,885.07 2,704.86\nNon-current liabilities 2,760.93 4,262.09\nEquity 194.66 549.49\nProportion of the group\u2019s ownership 97.33 274.75\nSummarised Statement of profit & loss\nParticulars 31 March 2022 31 March 2021\nRevenue 3,541.48 2,998.64\nOther incomes 39.37 290.10\nCost of Raw Material & Component Consumed 2,301.22 2,458.81\nEmployee Benefits Expense 497.32 547.75\nFinance Costs 50.90 73.64\nDepreciation and Amortization Expense 276.86 312.19\nOther Expenses 925.35 888.09\nLoss Before T ax (470.79) (991.74)\nIncome tax expense (115.35) (268.75)\nLoss for the year (continuing operations) (355.44) (723.00)\nOther comprehensive income for the year, net of tax 0.61 (4.85)\nT otal Comprehensive income for the year (continuing operations) (354.83) (727.84)\nGroup\u2019s share of loss for the year (177.41) (363.92)\nSandhar Daewha Automotive Systems Private Limited\nSummarised balance sheet as at 31 March 2022 and 31 March 2021:\nParticulars 31 March 2022 31 March 2021\nCurrent assets - 523.77\nNon-Current assets - 2,200.55\nCurrent Liabilities - 420.57\nNon-current liabilities - 13.28\nEquity - 2,290.47\nProportion of the group\u2019s ownership - 1,145.23\nSummarised Statement of profit & loss\nParticulars 31 March 2022 31 March 2021\nRevenue - 303.90\nOther incomes - 1.22\nCost of Raw Material & Component Consumed - 250.87\nEmployee Benefits Expense - 126.64\nFinance Costs - 14.81\nDepreciation and Amortization Expense - 193.53\nOther Expenses - 81.28\nLoss Before T ax - (362.01)\nIncome tax expense - (92.85)\nLoss for the year (continuing operations) - (269.16)\nOther comprehensive income for the year, net of tax - 1.79\nT otal Comprehensive income for the year (continuing operations) - (267.37)\nGroup\u2019s share of loss for the year - (133.69)", "start_char_idx": 0, "end_char_idx": 2144, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "93335f8a-2d60-46f5-8daa-1e5b83df2f6c": {"__data__": {"id_": "93335f8a-2d60-46f5-8daa-1e5b83df2f6c", "embedding": null, "metadata": {"page_label": "237", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "592765ce-4d96-4a5e-9051-33e12bed1c21", "node_type": null, "metadata": {"page_label": "237", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "c93f863a9d151fd5e058379f79877b9207cbc8244932de37b55fd3e1bdb4e20c"}}, "hash": "c93f863a9d151fd5e058379f79877b9207cbc8244932de37b55fd3e1bdb4e20c", "text": "Sandhar Technologies Limited236\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nSandhar Daeshin Auto Systems Private Limited\nSummarised balance sheet as at 31 March 2022 and 31 March 2021:\nParticulars 31 March 2022 31 March 2021\nCurrent assets - 1.18\nNon-Current assets - -\nCurrent Liabilities - 0.17\nNon-current liabilities - -\nEquity - 1.01\nProportion of the group\u2019s ownership - 0.50\nSummarised Statement of profit & loss\nParticulars 31 March 2022 31 March 2021\nRevenue - -\nOther incomes - -\nCost of Raw Material & Component Consumed - -\nEmployee Benefits Expense - -\nFinance Costs - -\nDepreciation and Amortization Expense - -\nOther Expenses 0.52 0.41\nLoss Before T ax (0.52) (0.41)\nIncome tax expense 0.49 (0.18)\nProfit/ (Loss) for the year (continuing operations) (1.01) (0.23)\nOther comprehensive income for the year, net of tax - -\nT otal Comprehensive income for the year (continuing operations) (1.01) (0.23)\nGroup\u2019s share of profit/ (loss) for the year (0.51) (0.11)\nSandhar Whetron Electronics Private Limited\nSummarised balance sheet as at 31 March 2022 and 31 March 2021:\nParticulars 31 March 2022 31 March 2021\nCurrent assets 684.41 546.16\nNon-Current assets 1,515.05 1,455.42\nCurrent Liabilities 258.84 40.98\nNon-current liabilities 243.51 248.97\nEquity 1,697.11 1,711.63\nProportion of the group\u2019s ownership 848.55 855.81\nSummarised Statement of profit & loss\nParticulars 31 March 2022 31 March 2021\nRevenue 296.42 131.12\nOther incomes 10.03 14.97\nCost of Raw Material & Component Consumed 189.88 97.68\nEmployee Benefits Expense 133.35 54.00\nFinance Costs 17.84 7.09\nDepreciation and Amortization Expense 126.87 57.92\nOther Expenses 33.64 13.61\nProfit/ (Loss) Before T ax (195.14) (84.20)\nIncome tax expense (44.66) (21.57)\nProfit/ (Loss) for the year (continuing operations) (150.48) (62.64)\nOther comprehensive income for the year, net of tax (10.09) 1.86\nT otal Comprehensive income for the year (continuing operations) (160.57) (60.78)\nGroup\u2019s share of profit/ (loss) for the year (80.29) (30.39)", "start_char_idx": 0, "end_char_idx": 2128, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5342e136-5dde-46f9-a0ab-4ec26e8975df": {"__data__": {"id_": "5342e136-5dde-46f9-a0ab-4ec26e8975df", "embedding": null, "metadata": {"page_label": "238", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "b9e8632a-949f-4f0b-a5c5-1d4b74759149", "node_type": null, "metadata": {"page_label": "238", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8de5317c284bb197c267c4c3e84c7474f34042fe7a3c489cf3dd70e699e617ce"}}, "hash": "8de5317c284bb197c267c4c3e84c7474f34042fe7a3c489cf3dd70e699e617ce", "text": "237\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nKwangsung Sandhar T echnologies Private Limited\nSummarised balance sheet as at 31 March 2022 and 31 March 2021:\nParticulars 31 March 2022 31 March 2021\nCurrent assets 2,036.18 2,013.54\nNon-Current assets 3,323.37 3,163.49\nCurrent Liabilities 3,553.37 2,891.52\nNon-current liabilities 270.35 363.26\nEquity 1,535.83 1,922.25\nProportion of the group\u2019s ownership 767.91 961.13\nSummarised Statement of profit & loss\nParticulars 31 March 2022 31 March 2021\nRevenue 490.73 -\nOther incomes 8.53 8.47\nCost of Raw Material & Component Consumed 366.03 -\nEmployee Benefits Expense 531.83 -\nFinance Costs 26.44 1.07\nDepreciation and Amortization Expense 246.20 -\nOther Expenses 174.53 20.74\nLoss Before T ax (845.77) (13.34)\nIncome tax expense (218.71) 18.57\nLoss for the year (continuing operations) (627.06) (31.91)\nOther comprehensive income for the year, net of tax 2.31 5.32\nT otal Comprehensive income for the year (continuing operations) (624.75) (26.59)\nGroup\u2019s share of loss for the year (312.37) (13.29)\nWinnercom Sandhar T echnologies Private Limited\nSummarised balance sheet as at 31 March 2022 and 31 March 2021:\nParticulars 31 March 2022 31 March 2021\nCurrent assets 1,472.82 872.92\nNon-Current assets 348.24 391.27\nCurrent Liabilities 966.27 491.43\nNon-current liabilities 20.56 11.89\nEquity 834.24 760.87\nProportion of the group\u2019s ownership 417.12 380.44", "start_char_idx": 0, "end_char_idx": 1543, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b68045bd-eed8-4649-9e35-97c1ef4d791e": {"__data__": {"id_": "b68045bd-eed8-4649-9e35-97c1ef4d791e", "embedding": null, "metadata": {"page_label": "239", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2fee5d25-e7d7-4b62-8677-fe91534476ca", "node_type": null, "metadata": {"page_label": "239", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cc67694dbf74d280249812b97991b842188d1450f04acac04a7ee4ae575bb4d7"}}, "hash": "cc67694dbf74d280249812b97991b842188d1450f04acac04a7ee4ae575bb4d7", "text": "Sandhar Technologies Limited238\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nSummarised Statement of profit & loss\nParticulars 31 March 2022 31 March 2021\nRevenue 3,017.98 1,966.30\nOther incomes 3.34 26.18\nCost of Raw Material & Component Consumed 2,578.90 1,733.03\nEmployee Benefits Expense 161.07 111.68\nFinance Costs - -\nDepreciation and Amortization Expense 49.71 46.62\nOther Expenses 142.14 118.57\nLoss Before T ax 89.50 (17.42)\nIncome tax expense 15.48 (3.04)\nLoss for the year (continuing operations) 74.02 (14.38)\nOther comprehensive income for the year, net of tax (0.66) (1.39)\nT otal Comprehensive income for the year (continuing operations) 73.37 (15.76)\nGroup\u2019s share of loss for the year 36.68 (7.88)\nSandhar Han Shin Automotive Private Limited\nSummarised balance sheet as at 31 March 2022 and 31 March 2021:\nParticulars 31 March 2022 31 March 2021\nCurrent assets - -\nNon-Current assets - -\nCurrent Liabilities - -\nNon-current liabilities - -\nEquity - -\nProportion of the group\u2019s ownership - -\nSummarised Statement of profit & loss\nParticulars 31 March 2022 31 March 2021\nRevenue - -\nOther incomes - 5.98\nCost of Raw Material & Component Consumed - -\nEmployee Benefits Expense - -\nFinance Costs - -\nDepreciation and Amortization Expense - -\nOther Expenses - 0.65\nProfit/ (Loss) Before T ax - 5.33\nIncome tax expense - -\nProfit/ (Loss) for the year (continuing operations) - 5.33\nOther comprehensive income for the year, net of tax - -\nT otal Comprehensive income for the year (continuing operations) - 5.33\nGroup\u2019s share of profit/ (loss) for the year - 2.67", "start_char_idx": 0, "end_char_idx": 1688, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "4831ecc2-931b-4658-9e0c-9d19b07f24ca": {"__data__": {"id_": "4831ecc2-931b-4658-9e0c-9d19b07f24ca", "embedding": null, "metadata": {"page_label": "240", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "55a8cccd-b779-44a2-8407-60a45ffe8c70", "node_type": null, "metadata": {"page_label": "240", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "db5e9539a352760e4c3fcb82a8d4f16356ba61c33f21aa635b18f2a404db780d"}}, "hash": "db5e9539a352760e4c3fcb82a8d4f16356ba61c33f21aa635b18f2a404db780d", "text": "239\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nSandhar Han Shin Auto T echnologies Private Limited\nSummarised balance sheet as at 31 March 2022 and 31 March 2021:\nParticulars 31 March 2022 31 March 2021\nCurrent assets 589.23 607.81\nNon-Current assets 388.27 384.11\nCurrent Liabilities 603.04 569.14\nNon-current liabilities 13.84 14.55\nEquity 360.61 408.23\nProportion of the group\u2019s ownership 180.31 204.11\nSummarised Statement of profit & loss\nParticulars 31 March 2022 31 March 2021\nRevenue 1,069.62 740.81\nOther incomes 1.02 18.20\nCost of Raw Material & Component Consumed 859.16 711.75\nEmployee Benefits Expense 165.91 111.77\nFinance Costs 1.69 3.81\nDepreciation and Amortization Expense 57.11 58.62\nOther Expenses 62.06 46.56\nLoss Before T ax (75.29) (173.50)\nIncome tax expense (27.15) (45.26)\nLoss for the year (continuing operations) (48.15) (128.24)\nOther comprehensive income for the year, net of tax 0.53 (5.31)\nT otal Comprehensive income for the year (continuing operations) (47.62) (133.55)\nGroup\u2019s share of loss for the year (23.81) (66.77)\nSandhar Daeshin T echnologies Private Limited\nSummarised balance sheet as at 31 March 2022 and 31 March 2021:\nParticulars 31 March 2022 31 March 2021\nCurrent assets - 0.99\nNon-Current assets - -\nCurrent Liabilities - (0.25)\nNon-current liabilities - -\nEquity - 0.74\nProportion of the group\u2019s ownership - 0.37\nSummarised Statement of profit & loss\nParticulars 31 March 2022 31 March 2021\nRevenue - -\nOther incomes - -\nCost of Raw Material & Component Consumed - -\nEmployee Benefits Expense - -\nFinance Costs - -\nDepreciation and Amortization Expense - -\nOther Expenses - 0.26\nLoss Before T ax - (0.26)\nIncome tax expense - -\nLoss for the year (continuing operations) - (0.26)\nOther comprehensive income for the year, net of tax - -\nT otal Comprehensive income for the year (continuing operations) - (0.26)\nGroup\u2019s share of loss for the year - (0.13)", "start_char_idx": 0, "end_char_idx": 2042, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "6a7b5823-a931-4452-8563-f60842d707fa": {"__data__": {"id_": "6a7b5823-a931-4452-8563-f60842d707fa", "embedding": null, "metadata": {"page_label": "241", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "7c25808c-0b18-4bb1-924a-08a8a8ada8cf", "node_type": null, "metadata": {"page_label": "241", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "490828375930e9258a5aa08b7ba768c92ccf2327be9265160148483d0cccd439"}}, "hash": "490828375930e9258a5aa08b7ba768c92ccf2327be9265160148483d0cccd439", "text": "Sandhar Technologies Limited240\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\nThe Group had no contingent liabilities or capital commitment relating to its interest in Sandhar Hang Sung T echnologies Private \nLimited., Sandhar Ecco Green Energy Private Limited, Sandhar Amkin Industries Private Limited, Jinyoung Sandhar Mechatronics \nPrivate Limited, Indo T oolings Private Limited, Sandhar Daewha Automotive Systems Private Limited, Sandhar Daeshin Auto Systems \nPrivate Limited, Sandhar Whetron Electronics Private Limited, Kwangsung Sandhar T echnologies Private Limited, Winnercom Sandhar \nT echnologies Private Limited, Sandhar Han Shin Automotive Private Limited, Sandhar Han Shin Auto T echnologies Private Limited and \nSandhar Daeshin T echnologies Private Limited as at 31 March 2022 and 31 March 2021.\nAll the Joint Ventures companies cannot distribute its profits until obtains the consent from the two venture partners.\n42. Research & De velopment (R & D) Expenses\nThe Company has incurred following expenditure on its Research and Development center at Gurgaon approved and recognised by the \nMinistry of Science & T echnology, Government of India.\na. Capital Expenditure\nParticulars 31 March 2022 31 March 2021\nCapital expenditure 6.16 12.06\nb. Revenue Expenditure\nParticulars 31 March 2022 31 March 2021\nMaterial/Consumables/Spares 12.13 9.15\nEmployee benefits expenses 383.66 323.93\nPower & Fuel 1.01 1.48\nRepair & maintenance 2.20 4.45\nTravelling & conveyance 1.94 0.25\nLegal & professional charges 5.63 1.93\nMiscellaneous expenses 28.19 16.85\nT otal 434.76 358.04\n43. The Group has assessed the impact that may result from COVID 19 on its liquidity position, carrying amounts of tangible assets, \ninvestments, and other assets / liabilities. In developing the assumptions relating to the possible future uncertainties in the global \neconomic conditions because of this pandemic, the Group has considered internal and external information available till the date of \napproval these consolidated financial statements and has assessed its situation.\nIn that context and based on the current estimates, the Group believes that COVID 19 is not likely to have any material impact on its \nconsolidated financial statements, liquidity or ability to service its debt or other obligations. However, the overall economic environment, \nbeing uncertain due to COVID 19, may affect the underlying assumptions and estimates in future, which may differ from those considered \nas at the date of approval of these consolidated financial statements. The Group would closely monitor such developments in future \neconomic conditions and consider their impact on the consolidated financial statements of the relevant periods.\n44. Disclosure of additional information as required b y the Schedule III\nName of the entity 2021-22\nNet Assets, i.e., total \nassets minus total \nliabilities Share in profit or lossShare in other \ncomprehensive incomeShare in T otal \nComprehensive income\nAs % of \nconsoli -\ndated net \nassetsAmount As % of \nconsolidat -\ned profit or \nlossAmount As % of \nconsolidat -\ned profit or \nlossAmount As % of \nconsolidat -\ned profit or \nlossAmount\n (in Rs.)  (in Rs.) (in Rs.)   (in Rs.)\nParent\nSandhar T echnologies \nLtd.89.32% 76,723.58 109.89% 6,123.22 (102.17%) 502.48 109.26% 6,625.68\nIndian Subsidiaries of Sandhar T echnologies Ltd.\nSandhar T ooling Pvt Ltd 0.40% 345.26 1.25% 69.20 (1.61%) (7.91) 1.02% 61.29", "start_char_idx": 0, "end_char_idx": 3545, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "5f729e00-7137-43e6-afe7-9d5ea254e3b0": {"__data__": {"id_": "5f729e00-7137-43e6-afe7-9d5ea254e3b0", "embedding": null, "metadata": {"page_label": "242", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "88ac38a4-bcb4-4575-b0ff-7e6c13c47bfb", "node_type": null, "metadata": {"page_label": "242", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cba411dd5e1f74e945f6b9615abb91344401f4dd1862dc939ceae83328081cb9"}}, "hash": "cba411dd5e1f74e945f6b9615abb91344401f4dd1862dc939ceae83328081cb9", "text": "241\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)Annual Report 2021-22\nName of the entity 2021-22\nNet Assets, i.e., total \nassets minus total \nliabilities Share in profit or lossShare in other \ncomprehensive incomeShare in T otal \nComprehensive income\nAs % of \nconsoli -\ndated net \nassetsAmount As % of \nconsolidat -\ned profit or \nlossAmount As % of \nconsolidat -\ned profit or \nlossAmount As % of \nconsolidat -\ned profit or \nlossAmount\n (in Rs.)  (in Rs.) (in Rs.)   (in Rs.)\nSandhar Strategic \nSystems Private Limited0.00% - (0.00%) 0.06 0.00% - (0.00%) 0.06\nSandhar Engineering \nPrivate Limited3.88% 3,336.41 (2.94%) (163.59) 0.00% - (2.70%) (163.59)\nSandhar Automotive \nSystems Private Limited2.25% 1,933.29 (0.52%) (28.79) (0.40%) (1.97) (0.51%) (30.76)\nSandhar Auto Castings \nPrivate Limited0.00% 0.87 (0.00%) 0.14 0.00% - (0.00%) 0.14\nMinority interest in \nSandhar T ooling Pvt \nLtd.(0.45%) (387.13) (0.36%) (20.06) (0.40%) 1.99 (0.30%) (18.07)\nForeign subsidiaries of Sandhar T echnologies Ltd.\nSandhar T echnologies \nBarcelona, SL6.07% 5,213.47 12.58% 701.23 (0.49%) (2.35) 11.53% 698.89\nJoint ventures\nJinyoung Sandhar \nMechatronics Private \nLimited0.11% 97.33 (3.19%) (177.72) 0.06% 0.31 (2.93%) (177.41)\nSandhar Amkin \nIndustries Private \nLimited0.32% 266.96 (8.25%) (459.72) 0.80% 3.95 (7.52%) (455.76)\nSandhar Ecco Green \nEnergy Private Limited0.08% 72.94 (0.03%) (1.74) 0.00% - (0.03%) (1.74)\nSandhar Han Sung \nT echnologies Private \nLimited1.39% 1,193.35 (1.67%) (93.02) (0.14%) (0.70) (1.55%) (93.72)\nSandhar Dashin Auto \nSystems Private Limited0.00% - (0.01%) (0.51) 0.00% - (0.01%) (0.51)\nSandhar Whetron \nElectronics Private \nLimited0.99% 848.55 (1.35%) (75.24) (1.03%) (5.05) (1.32%) (80.29)\nKwansung Sandhar \nT echnologies Private \nLimited0.90% 767.91 (5.63%) (313.53) (0.24%) 1.16 (5.15%) (312.37)\nWinnercom Sandhar \nT echnologies Private \nLimited0.49% 417.12 (0.66%) 37.01 (0.07%) (0.33) (0.60%) 36.68\nSandhar Han Shin Auto \nT echnologies Private \nLimited0.21% 180.31 (0.43%) (24.07) 0.05% 0.26 (0.39%) (23.81)\nLess: Cost of \ninvestment in joint \nventures(5.96%) (5,116.07)\nConsolidated Net \nAssets/ Profit after tax100.00% 85,894.15 100.00% 5,572.87 100.00% 491.84 100.00% 6,064.71", "start_char_idx": 0, "end_char_idx": 2320, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "f9d6de45-bfe0-40b2-8367-bea17b2f26b2": {"__data__": {"id_": "f9d6de45-bfe0-40b2-8367-bea17b2f26b2", "embedding": null, "metadata": {"page_label": "243", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "2b1299d7-025a-4200-a25d-25582ac0be35", "node_type": null, "metadata": {"page_label": "243", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "845c2070dacacd7957d3e493fca3ab09e4e821408532524b42d46e305c7e117a"}}, "hash": "845c2070dacacd7957d3e493fca3ab09e4e821408532524b42d46e305c7e117a", "text": "Sandhar Technologies Limited242\nNotes to the Consolidated Financial Statements  for the year ended 31 March 2022\n(Rupees in lacs, except share data, per share data and unless otherwise stated)\n45. Additional Information:\na. No proceedings have been initiated or pending against the company for holding any benami property under the Benami Transactions \n(Prohibitions) Act, 1988 (45 of 1988) and the rules made thereunder.\nb. The Company has no transactions with companies struck off under section 248 of the Companies Act, 2013 or section 560 of the \nCompanies Act, 1956.\nc. There are no charges or satisfa ction which is yet to be registered with ROC beyond the statutory period.\nd. The Com pany has not traded or invested in Crypto currency or Virtual Currency during the financial year.\ne. The Company has not advanced or loaned or invested funds to any other person(s) or entity(ies), including   foreign entities \n(Intermediaries) with the understanding that the Intermediary shall:\n(i) directly or indir ectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company \n(Ultimate Beneficiaries) or\n(ii) pro vide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries\nf. The Company has not received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the \nunderstanding (whether recorded in writing or otherwise) that the Company shall:\n(i) directly or indir ectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding \nParty (Ultimate Beneficiaries) or \n(ii) pro vide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.\ng. The Company does not have such transaction which are not recorded in the books of accounts and has been surrendered or disclosed \nas income during the year in the tax assessments under the Income T ax Act, 1961 (such as, search or survey or any other relevant \nprovisions of the Income T ax Act, 1961).\nh. The Com pany is not declared as a wilful defaulter by any bank of financial institution or other lender .\nAs per our report of even date attached  \nFor B S R & Co. LLP   F or and on behalf of the Board of Directors of  \nChartered Accountants   Sandhar T echnologies Limited  \nICAI Firm Registration number 101248W/W-100022  \nShashank Agarwal  D .N. Davar  Ja yant Davar  Y ashpal Jain \nPartner  Chairman  Co-Cha irman and  Chief Financia l Officer\nMembership No. 095109  DIN:00002008 Managing D irector  DIN:00100801\nVimal Mahendru  Archana Capoor  Arvind Kapur  K omal Malik\nDirector  Director  Director  Com pany Secretary\nDIN:00006016  DIN:01204170  DIN:00096308  ICS I M. No.: 6430\nPlace: Gurugram  Pla ce: Gurugram\nDate: 18 May 2022  Date: 18 Ma y 2022", "start_char_idx": 0, "end_char_idx": 2794, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "7c814dec-0b85-434a-b318-578dbc518402": {"__data__": {"id_": "7c814dec-0b85-434a-b318-578dbc518402", "embedding": null, "metadata": {"page_label": "244", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8870639e-6caf-4c7f-a0ab-81ee0a2d2100", "node_type": null, "metadata": {"page_label": "244", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9c4c17b18dca6e5c6c78d0690f6d15fdc267ce98075ff08e975caf246276ee08"}, "3": {"node_id": "9d4a7b04-b68d-47e4-abbd-43e544f88077", "node_type": null, "metadata": {"page_label": "244", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "572eeb8fe18fc72c2fa0d664db8e92d26089a5cb50d376bb737d53d0ffe0e218"}}, "hash": "404f79aaa6f9886e517948f364db05bdfcaeaa2c1464aa7e95adf825e1fb4b69", "text": "AGM Notice-2021-22ORDINARY BUSINESS:\n1) T o receive, consider and adopt the Audited Standalone Financial \nStatements and the Audited Consolidated Financial Statements \nof the Company for the Financial Year ended the 31st March,\n2022 together with the Reports of the Board of Directors and\nAuditor thereon.\n2)\t To\tdecla re \ta \tfinal \tdividend \tof \tRs. \t2.25/ - \tper \tequit y \tshare \tof \tRs. \t\n10/-\teach\tfully \tpaid \tup \tfor \tthe \tFina ncial \tY ear \tended \tthe \t31st \t\nMarch, 2022.\n3) T o appoint a Director in place of Shri Neel Jay Davar (DIN\n09201336), who retires by rotation and being eligible, offers\nhimself\tfor\tre-appointment.\n4)\t Re-appointment \tof\tthe\tStatutory\tAuditors.\nTo\tconsider \tand, \tif \tthought\tfit, \tto \tpass \tthe \tfollowing \tResolut ion \t\nas an Ordinary Resolution;\n\u201cRESOL VED THAT pursuant to the provisions of Section 139,\n141, 142 and other applicable provisions, if any, of the Companies \nAct, 2013, read with rules made there under  (including any\nstatutory\tmodifica tion(s) \tor \tre-enact ment(s) \tthereof , \tfor \tthe \t\ntime\tbeing \tin \tforce ), \tM/ s \tBSR \t& \tCo.\tLLP , \tCha rtered \tAccountants \t\n(Registration \tNo. \t101248W /W-100022) \tbe \tand \tis \thereb y \tre-\nappointed as the Statutory Auditors of the Company to hold\nsuch\toffice \tfor \ta \tperiod \tof \tfiv e \ty ears \tfrom \tthe \tconclusion \tof \t\nthis Annual General Meeting till the conclusion of the Thirty\nFifth Annual General Meeting at such remuneration as may\nbe mutually agreed between the Board of Directors of the\nCompany and the Auditors. \u201d\nSPECIAL BUSINESS:\n5)\t Ratification \tof \tremuner ation \tpa yable \tto \tCost \tAuditor \tviz.\nM/s\tSatija \t& \tCo \tfor \taudit \tof \tcost \trecords \tfor \tthe \tFinancial \t\nYear\t2022-2023.\nTo\tconsider \tand, \tif \tthought\tfit, \tto \tpass \twit h \tor \twit hout \t\nmodification(s), \tthe \tfollowing \tResolut ion \tas \tan \tOrdina ry \t\nResolution:\u201cRESOL VED THAT pursuant to the provisions of Section 148 \nof the Companies Act, 2013 and the Companies (Audit and \nAuditors)\tRules,\t2014 \t(including \tan y \tstatutory \tmodifica tion(s) \tor \t\nre-enactment(s) \tthereof , \tfor \tthe \ttime \tbeing \tin \tforce ), \tM/ s \tSa tija \t\n&\tCo,\tCost\tAccountants, \tNew \tDelhi,\tha ving \tFirm \tRegist ration \t\nNo. 004907, appointed as the Cost Auditors of the Company by the Board of Directors for conduct of the audit of the Cost \nRecords\tof \tthe \tCompan y \tfor \tthe \tfinancia l \ty ear \tended \tthe \t31st \t\nMarch,\t2023 \tat \tsuch \tremuner ation \tamounting \tto \tRs. \t1,25,000 \t\n(Rupees\tOne \tLakh \tT wenty-Five \tThousand \tOnly) \tper \tannum \tplus \t\nreimbursement \tof \tout \tof", "start_char_idx": 0, "end_char_idx": 2550, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9d4a7b04-b68d-47e4-abbd-43e544f88077": {"__data__": {"id_": "9d4a7b04-b68d-47e4-abbd-43e544f88077", "embedding": null, "metadata": {"page_label": "244", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8870639e-6caf-4c7f-a0ab-81ee0a2d2100", "node_type": null, "metadata": {"page_label": "244", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "9c4c17b18dca6e5c6c78d0690f6d15fdc267ce98075ff08e975caf246276ee08"}, "2": {"node_id": "7c814dec-0b85-434a-b318-578dbc518402", "node_type": null, "metadata": {"page_label": "244", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "404f79aaa6f9886e517948f364db05bdfcaeaa2c1464aa7e95adf825e1fb4b69"}}, "hash": "572eeb8fe18fc72c2fa0d664db8e92d26089a5cb50d376bb737d53d0ffe0e218", "text": "\tpock et \te xpenses \tincurred \tb y \tthem \t\nin\tthe\tcourse \tof \taforesaid \taudit\tbe \tand \tis \thereb y \tr atified \tand \t\nconfirmed.\u201d\nBy \t Order \t of \t the \t Board\nFor Sandhar \tTechnologies \tLimited\nSd/ -\nK OMAL MALIK\nCom pany \t Secretary \t & \nPlace:\tGurugram\t Com pliance \t Officer  \nDated: 03rd August 2022  Membership Number: 6430\nRegistered \tOffice:\nB-6/20\tL.S.C.\t Safdarjung \t Enclave,\nNew\tDelhi-110029\nCIN:\tL74999DL1987PLC029553\nPhone:\t0124-4518900\nFax:\t0124-4518912\nEmail:\tinvestors@sandhar.in\nWebsite: www.sandhargroup.com Notice\tis\thereb y \tgiv en \tthat \tthe \t30th \tAnnual \tGener al \tMeeting \t(\u201c AGM\u201d) \tof \tthe \tMembers \tof \tSandhar \tT echnologies \tLimited \twill \tbe \theld \ton \t\nThursday\tthe \t22nd \tSeptember , \t2022 \tat \t11:30 \tA.M. \t(IST ) \tthrough \tVideo \tConferencing \t(\u2018 VC\u2019) \t/ \tOt her \tAudio \tVisual \tMeans \t(\u2018 OAVM\u2019) \tto \t\ntransact the following businesses:Notice", "start_char_idx": 2551, "end_char_idx": 3427, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "02d3ea3a-3d3e-4979-9d7e-3b735702b32f": {"__data__": {"id_": "02d3ea3a-3d3e-4979-9d7e-3b735702b32f", "embedding": null, "metadata": {"page_label": "245", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8d9f20a6-be83-4963-a2a1-d342caa18f61", "node_type": null, "metadata": {"page_label": "245", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2b71416fc8725b51f39a5d462c5baabf03b145ff3926ab0f49d75533bad2db1f"}, "3": {"node_id": "9ffd8abf-9737-4dae-9e9e-5fea0996bbaf", "node_type": null, "metadata": {"page_label": "245", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3372f76b61c473620a9b98bb1e971eaf8cf9e5777597bc1c00166f3b71ed2655"}}, "hash": "26587b32156064c4e961b1808b958d557655ea908326d946b937023f1e7b854e", "text": "AGM Notice-2021-22NOTES:\n1)\t In\tview \tof \tthe \tcontinuing \tCo vid-19 \tpandemic,\tthe \tMinist ry \tof \t\nCorporate \tAffairs \t(\u201cMCA \u201d) \tvide \tit s \tcircula r \tdated \tMa y \t05, \t2022 \t\nread\twit h\tcircula rs \tdated \tMa y \t05, \t2020, \tApril \t08, \t2020, \tApril \t13, \t\n2020 and January 13, 2021 (collectively referred to as \u201cMCA\nCirculars\u201d) permitted the holding of the Annual General Meeting \n(\u201cthe\tMeeting\u201d) \tthrough \tV C \t/ \tO AVM, \twit hout \tthe \tph ysical \t\npresence of the Members at a common venue. In compliance\nwith\tthe\tpro visions \tof \tthe \tCom panies \tAct, \t2013 \t(\u201c Act\u201d),\tSEBI \t\n(Listing\tObliga tions \tand \tDisclosur e \tRequirements) \tRegula tions,\t\n2015\t(\u201cL isting \tRegula tions\u201d),\tMCA\tCir culars \tand \tSEBI \tCir cular, \t\nthe\tMeeting\tof\tthe\tCompany\tis\tbeing\theld\tthrough\tVC\t/\t OAVM. \t\n2)\t An\tExpla natory \tSt atement \tsetting \tout \tthe \tmateria l \tfacts, \t\npursuant to Section 102 of the Companies Act, 2013 (\u201cAct\u201d) and applicable Secretarial Standard, relating to Special Business to\nbe\ttransacted \tat\tthe\tAGM,\tis\tannexed\tto\tthe\tNotice.\t\n3)\t Pursuant \tto \tthe \tpro visions \tof \tthe \tAct, \ta \tMember \tentit led \tto \t\nattend\tand \tv ote \tat \tthe \tA GM \tis \tentit led \tto \tappoint\ta \tpro xy \tto \t\nattend\tand \tv ote \ton \this/ her \tbehalf \tand \tthe \tpro xy \tneed \tnot \tbe \ta\nMember of the Company. Since, this AGM is being held through \nVC\t/\tO AVM, \tph ysical \tattendance \tof \tthe \tMembers \thas \tbeen \t\ndispensed with. Accordingly, the facility for appointment of\nproxies\tb y \tthe \tMembers \twill \tnot \tbe \ta vailable \tfor \tthe \tA GM \tand\nhence\tthe\tPro xy \tF orm \tand \tAttendance \tSlip\tare \tnot \tanne xed \tto \t\nthis Notice.\n4)\t In\tcase \tof \tjoint\tholders \tattending\tthe \tA GM, \tonly \tsuch \tjoint\nholder who is higher in the order of names will be entitled tovote.\n5)\t The\tattendance \tof \tthe \tMembers \tattending \tthe \tA GM \tthrough \t\nVC/OAVM \twill \tbe \tcounted \tfor \tthe \tpurpose \tof \treck oning \tthe \t\nquorum\tunder\tSection\t103\tof\tthe\tAct.\n6)\t Institutional \t/ \tCorpor ate \tMembers \tare \trequired \tto \tsend \ta \t\nscanned\tcop y \t(PDF /JPG \tformat) \tof \tit s \tBoard \tor \tgo verning \t\nbody\tresolut ion \t/ Authorization \tletter \tetc. \tauthorizing \tit s \t\nrepresentative \tto \tattend \tthe \tA GM \tthrough \tV", "start_char_idx": 0, "end_char_idx": 2197, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9ffd8abf-9737-4dae-9e9e-5fea0996bbaf": {"__data__": {"id_": "9ffd8abf-9737-4dae-9e9e-5fea0996bbaf", "embedding": null, "metadata": {"page_label": "245", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8d9f20a6-be83-4963-a2a1-d342caa18f61", "node_type": null, "metadata": {"page_label": "245", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2b71416fc8725b51f39a5d462c5baabf03b145ff3926ab0f49d75533bad2db1f"}, "2": {"node_id": "02d3ea3a-3d3e-4979-9d7e-3b735702b32f", "node_type": null, "metadata": {"page_label": "245", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "26587b32156064c4e961b1808b958d557655ea908326d946b937023f1e7b854e"}, "3": {"node_id": "69fae818-c70f-42a5-832a-80be1e55fcec", "node_type": null, "metadata": {"page_label": "245", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "fdee56405f63785d424cc812124dbf8ae91aa65c2af52e6c65726d365db26d28"}}, "hash": "3372f76b61c473620a9b98bb1e971eaf8cf9e5777597bc1c00166f3b71ed2655", "text": "C \t/ \tO AVM \ton \tit s\nbehalf\tand \tto \tv ote \tthrough \tremote \te-v oting \tat \tlea st \t48 \thours\nbefore\tthe \tA GM. \tThe \tsaid \tresolut ion \t/ \tauthoriza tion \tshall \tbe \t\nsent\tto\tthrough\te-mail\ton\tinvestors@sandhar.in\n7)\t Pursuant \tto \tSection \t91 \tof \tthe \tCom panies \tAct, \t2013 \tand \tRule \t\n10 of the Companies (Management and Administration) Rules,\n2014\tread \twit h \tRegula tion \t42 \tof \tthe \tSEBI \t(List ing \tObliga tions \t\nand\tDiscl osure \tRequirements) \tRegula tions,\t2015, \tthe \tRegist er \t\nof\tMembers \tand \tSha re \tT ransfer \tBooks \tof \tthe \tCom pany \twill \t\nremain closed from Friday, September 16, 2022 to Thursday,September 22, 2022 (both days inclusive).\n8)\t Details \tas \trequired \tin \tRegula tion \t36(3) \tof \tthe \tSEBI \t(List ing\nObligations \tand \tDisclosur e \tRequirem ent) \tRegula tions,\t2015 \t\n(\u2018Listing\tRegula tions\u2019) \tin \trespect \tof \tthe \tDirector \tseeking \t\nappointment \t/ \tre-a ppointment \tat \tthe \tA GM \tis \tattached \tas \t\nAnnexure-1 \tforming\tpart\tof\tthis\tNotice.\n9)\t In\tcomplia nce \twit h \tthe \tMCA\tCir culars \tand \tSEBI \tCir cular \tdated \t\n05th\tMa y,\t2022, \tthe \tnotice \tof \tA GM \tand \tAnnual \tReport \tare \tbeing \t\nsent\tin\telect ronic \tmode \tto \tMembers \twhose \te-m ail \taddress \tis \t\nregistered with the depository participant(s). Members who\nhave\tnot\tregist ered \ttheir \te-m ail \taddress \tare \trequested \tto \t\nregister the same with their respective depository participant(s). \nIn\tcase\tof\tan y \tassist ance, \tthe \tmembers \tare \trequested \tto \twrit e \tan \t\nemail\tto\tinvestors@sandhar.in.10)\tMembers \tma y \tnote \tthat \tthe \tNotice \tand \tAnnual \tReport \t2021-\n2022 will also be available on the Company\u2019s website www.\nsandhargroup.com, \twebsit es \tof \tthe \tSt ock \tEx changes \ti. e. \tBSE \t\nLimited\tand \tNationa l \tSt ock \tEx change \tof \tIndia\tLim ited \tat \twww .\nbseindia.com  and www.nseindia.com  respectively, and on the\nwebsite\tof\tRegistrar\thttps://instavote.linkintime.co.in \t.\n11)\tPursuant \tto \tSection \t108 \tof \tthe \tCom panies \tAct, \t2013 \tread \twit h \t\nRule 20 of the Companies (Management and Administration)\nRules,\t2014, \tas \tamended \tand \tRegula tion \t44 \tof \tList ing \t\nRegulations, the Company is pleased to provide the facility\nto\tMembers \tto \te xercise \ttheir \tright\tto \tv ote \ton \tthe \tresolut ions \t\nproposed", "start_char_idx": 2198, "end_char_idx": 4446, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "69fae818-c70f-42a5-832a-80be1e55fcec": {"__data__": {"id_": "69fae818-c70f-42a5-832a-80be1e55fcec", "embedding": null, "metadata": {"page_label": "245", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "8d9f20a6-be83-4963-a2a1-d342caa18f61", "node_type": null, "metadata": {"page_label": "245", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2b71416fc8725b51f39a5d462c5baabf03b145ff3926ab0f49d75533bad2db1f"}, "2": {"node_id": "9ffd8abf-9737-4dae-9e9e-5fea0996bbaf", "node_type": null, "metadata": {"page_label": "245", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "3372f76b61c473620a9b98bb1e971eaf8cf9e5777597bc1c00166f3b71ed2655"}}, "hash": "fdee56405f63785d424cc812124dbf8ae91aa65c2af52e6c65726d365db26d28", "text": "to be passed at AGM by electronic means. The\nMembers,\twhose \tnames \tappear \tin \tthe \tRegist er \tof \tMembers \t/ \t\nlist\tof\tBeneficia l \tOwners \tas \ton \tThursda y \tSeptember \t15, \t2022 \t\ni.e.,\tthe\tdate \tprior \tto \tthe \tcommencement \tof \tbook \tclosure, \tbeing \t\nthe\tcut-off\tdate,\tare\tentitled\tto\tvote\ton\tthe\tresolutions \tset\tforth\t\nin this Notice.\n12)\tAny\tperson, \twho \tacquires \tshares \tof \tthe \tCom pany \tand \tbecomes \t\na Member of the Company after sending of the Notice and\nholding\tshares \tas \tof \tthe \tcut-off \tdate, \tma y \tobtain \tthe \tlogin \tID \tand \t\npassword\tb y \tsending \ta \trequest \tto \tRegist rar. \tHowe ver, \tif \the/ she \t\nis\talready\tregist ered \twit h \tRegist rar \tfor \tremote \te-v oting \tthen \the/\nshe\tcan\tuse \this/ her \te xisting \tUser \tID \tand \tpassword \tfor \tcasting \t\nthe vote.\n13)  The voting rights of Members shall be in proportion to their\nshares\tin\tthe \tpaid- up \tequit y \tshare \tcapit al \tof \tthe \tCom pany \tas \ton \t\nthe\tcut-off\tdate.\n14)\tThe\tremote \te-v oting \tperiod \twil l \tcommence \tat \t09:00 \tA.M., \ton \t\nMonday,\tSeptember \t19, \t2022 \tand \twill \tend \tat \t05:00 \tP .M. \ton \t\nWednesday, September 21, 2022. \n15)\tMembers \tattending \tthe \tA GM \tthrough \tV C \t/ \tO AVM \tshall \tbe \t\ncounted\tfor \tthe \tpurpose \tof \treck oning \tthe \tquorum \tunder \tSect ion \t\n103 of the Act.\n16)\tMembers \twho \tare \tpresent \tin \tthe \tmeeting \tthrough \tV C/OAVM\nand have not casted their vote on resolutions through remote\ne-voting,\tshall \tbe \tallowed \tto \tv ote \tthrough \te-v oting \tsystem\nduring the meeting.\n17)\tThe\tMembers \twho \tha ve \tcasted \ttheir \tv ote \tb y \tremote \te-v oting \t\nprior\tto\tthe \tA GM \tma y \talso \tattend/ participate \tin \tthe \tA GM \t\nthrough\tV C \t/ \tO AVM \tbut \tshall \tnot \tbe \tentit led \tto \tcast \ttheir \tv ote \t\nagain.\n18)\tThe\tCompan y \thas \tappoint ed \tM/ s \tK.K. \tSa chdeva \t& \tAssocia tes, \t\nPracticing\tCom pany \tSecretaries, \tto \tact \tas \tthe \tScrutinizer , \tto\nscrutinize\tthe \tentire \te-v oting \tprocess \tin \ta \tfair \tand \ttr ansparent \t\nmanner. The Members desiring to vote through remote\ne-voting\tare \trequested \tto \trefer \tto \tthe \tdetailed \tprocedure \tgiv en \t\nhereinafter.\n19)\tSince\tthe \tA GM \twill \tbe \theld \tthrough \tV C \t/ \tO AVM, \tthe \tRoute \tMap\nis\tnot\tannexed \t in \t this \t Notice.\n20)\tThe\tRegist er \tof \tDirectors \tand \tK ey \tManageria l \tP ersonnel \t\nand their Shareholding maintained under Section 170 ofthe Companies Act, 2013 and the Register of Contracts or\narrangements in which Directors are interested under Section\n189 of the Companies Act, 2013 will be available for inspection \nin electronic mode. Members can inspect the same by sending\nan\te-mail\tto\tinvestors@sandhar.in \t.", "start_char_idx": 4447, "end_char_idx": 7072, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b5b3611e-1901-4b53-b807-7c20f0e80121": {"__data__": {"id_": "b5b3611e-1901-4b53-b807-7c20f0e80121", "embedding": null, "metadata": {"page_label": "246", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "77cadd3e-e54e-4133-9c19-d6d281a9d784", "node_type": null, "metadata": {"page_label": "246", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b2269814b579c036c28ed419f11ace7a00c3dcc18616b0b64344c2e7ea314369"}, "3": {"node_id": "d50c3097-7193-4a92-918b-1090dd501add", "node_type": null, "metadata": {"page_label": "246", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f935aa611d079ada2f66fb268bcc824fa3cca5a60102654eaf5fa5fb59ab0f4b"}}, "hash": "bcbf257d1e5b4cf5d629ae55423b85a06eb689592092c0d83dc0cb81ade3dfae", "text": "AGM Notice-2021-2221)\tThe\tSecurit ies \tand \tEx change \tBoard \tof \tIndia\t(SEBI) \tvide \tit s \t\ncircular dated 20th April, 2018 has mandated registration of\nPermanent \tAccount \tNumber \t(P AN) \tand \tBank \tAccount \tDetails \t\nfor all securities holders. Members holding shares in physical\nform\tare\ttherefore, \trequested \tto \tsubmit\ttheir \tP AN \tand \tBank \t\nAccount details to Registrar by sending a duly signed letter\nalong\twit h\tself-a ttested \tcop y \tof \tP AN \tCa rd \tand \torigina l \tcancelled \t\ncheque.\tThe \torigina l \tcancelled \tcheque \tshould \tbear \tthe \tname\nof\tthe\tMember . \tIn \tthe \talt ernative \tMembers \tare \trequested \tto \t\nsubmit\ta\tcop y \tof \tbank \tpassbook/ statement \tattested \tb y \tthe \t\nbank.\tMembers \tholding \tshares \tin \tdemat \tform \tare \trequested \tto \t\nsubmit the aforesaid information to their respective Depository \nParticipant.\n22)  An y Member desirous of receiving any information on the\nFinancial\tSt atements \tor \tOper ations \tof \tthe \tCom pany \tis \trequested \t\nto\tforward \this/ her \tqueries \tto \tthe \tCom pany \tat \tlea st \tse ven\nworking\tda ys \tprior \tto \tthe \tA GM \tthrough \te-m ail \ton \tin vestors@\nsandhar.in  The same shall be replied by the Company suitably.\n23)\tAs\tper \tRegul ation \t12 \tof \tthe \tSEBI \t(List ing \tObliga tions \tand \t\nDisclosure \tRequirements) \tRegula tions,\t2015 \tread \twit h \t\nSchedule I to the said Regulations, it is mandatory for all the\nCompanies \tto \tuse \tbank \tdetails \tfurnished \tb y \tthe \tin vestors \tfor \t\ndistributing dividends, interests, redemption or repayment\namounts\tto \tthem \tthrough \tNationa l/Regional/Local \tElect ronic \t\nClearing\tServices \t(ECS) \tor \tReal \tTim e \tGross \tSet tlement \t(R TGS) \t\nor\tNational \tElectronic \tF unds \tT ransfer \t(NEFT), \tNationa l \t\nAutomated \tClea ring \tHouse \t(NA CH) \twhere ver \tECS/ RTGS/\nNEFT/NACH \tand \tbank \tdetails \tare \ta vailable.\tIn \tthe \tabsence \tof \t\nelectronic\tfacilit y, \tCom panies \tare \trequired \tto \tmandatorily \tprint\t\nbank\tdetails \tof \tthe \tin vestors \ton \t\u2018pa yable-at-par\u2019 \twarr ants \tor \t\ncheques\tfor \tdist ribution \tof \tDividend s \tor \tother \tcash \tbenefits \tto \t\nthe\tin vestors. \tIn \taddit ion \tto \tthis,\tif \tbank \tdetails \tof \tin vestors \tare \t\nnot available, Companies shall mandatorily print the address of the investor on such payment instruments.\n24)  Therefore, Members holding shares in demat mode are\nrequested\tto \trecord \tthe \tECS \tmandate \twit h \ttheir \tDPs \tconcerned.\n25)\tShareholders \twho \tha ve \tnot \tregis", "start_char_idx": 0, "end_char_idx": 2435, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d50c3097-7193-4a92-918b-1090dd501add": {"__data__": {"id_": "d50c3097-7193-4a92-918b-1090dd501add", "embedding": null, "metadata": {"page_label": "246", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "77cadd3e-e54e-4133-9c19-d6d281a9d784", "node_type": null, "metadata": {"page_label": "246", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b2269814b579c036c28ed419f11ace7a00c3dcc18616b0b64344c2e7ea314369"}, "2": {"node_id": "b5b3611e-1901-4b53-b807-7c20f0e80121", "node_type": null, "metadata": {"page_label": "246", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "bcbf257d1e5b4cf5d629ae55423b85a06eb689592092c0d83dc0cb81ade3dfae"}, "3": {"node_id": "c0020e1d-943e-4fc8-92eb-7a166052ec72", "node_type": null, "metadata": {"page_label": "246", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "0f7fe6389b698d0cbb54f2f99fa0f0ef8036a0fc5f094b2946b69346cce338e1"}}, "hash": "f935aa611d079ada2f66fb268bcc824fa3cca5a60102654eaf5fa5fb59ab0f4b", "text": "tered \ttheir \te-m ail \taddresses \tso\nfar,\tare\trequested \tto \tregist er \ttheir \te-m ail \taddress \tfor \treceiving \t\nall communication including Annual Report, Notices, circularsetc. from the Company electronically.\n26)\tMembers \tdesirous \tof \tmaking \ta \tnomina tion \tin \trespect \tof \ttheir \t\nshareholding, under Section 72 of the Companies Act, 2013, are \nrequested\tto \tsend \ttheir \trequest \tto \tin vestors@sandhar.in \tin \tthe \t\nprescribed form.\n27)\tMembers \tare \trequested \tto \tnote \tthat, \tdividends \tif \tnot \tencashed \t\nfor a consecutive period of 7 years from the date of transfer\nto\tUnpaid\tDividen d \tAccount \tof \tthe \tCom pany, \tare \tlia ble \tto \tbe \t\ntransferred \tto \tthe \tIn vestor \tEducation \tand \tProtection \tF und \t\n(\u201cIEPF\u201d).\tThe \tshares \tin \trespect \tof \tsuch \tuncla imed \tdividends \tare\nalso\tlia ble\tto \tbe \ttr ansferred \tto \tthe \tdemat \taccount \tof \tthe \tIEPF \t\nAuthority.\tIn \tview \tof \tthis,\tMembers \tare \trequested \tto \tcla im\ttheir \t\ndividends from the Company, within the stipulated timeline.\n28)\tMembers \tma y \tnote \tthat \tthe \tIncome \tT ax \tAct, \t1961 \t(\u201c Act\u201d),\tas \t\namended by the Finance Act, 2020, mandates that dividendspaid or distributed by a Company after the 01st April, 2020\nshall\tbe\ttaxable \tin \tthe \thands \tof \tMembers. \tThe \tCom pany \tshall \t\ntherefore\tbe \trequired \tto \tdeduct \ttax \tat \tsource \t(\u201cT DS\u201d) \tat \tthe \ttim e \t\nof\tmaking\tthe \tpa yment \tof \tfinal \tdividend.\tIn \torder \tto \tenable \tus \t\nto determine the appropriate TDS rate as applicable, Members are\trequested \tto \tv erify \tthe \tcorrectness \tof \tthe \trecords \t(including \t\nresidential \tstatus \tand \tP AN) \tand \tupdate \tthe \tsame \twit h \ty our \t\ndepositories \t(where \tshares \tare \theld \tin \tdemateria lized \tmode ) \t\nand with the Company's RTA (where shares are held in physical \nmode).\tAlso \tsubmit\tthe \tfollowing \tdocuments/ declarations \tin \t\naccordance with the provisions of the Act.\nFor\tResident \tMembers, \ttax es\tshall \tbe \tdeducted \tat \tsource \tunder \t\nSection 194 of the Act, as follows: \nShareholders having valid PAN 10%\tor\tas\tnotified\tby\tthe\t\nGovernment of India\nShareholders not having \nPAN\tor\tinvalid\tPAN20%\nHowever,\tno \ttax \tshall \tbe \tdeducted \ton \tthe \tdividend \tpa yable \tto \ta \t\nresident individual Member if the total dividend to be received by \nthem\tduring \tFY \t2022-23 \tfrom \tthe \tCom pany \tdoes \tnot \te xceed \tRs. \t\n5,000,\tand \talso \tin \tcases \twhere \tMembers \tpro viding \tF", "start_char_idx": 2436, "end_char_idx": 4824, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "c0020e1d-943e-4fc8-92eb-7a166052ec72": {"__data__": {"id_": "c0020e1d-943e-4fc8-92eb-7a166052ec72", "embedding": null, "metadata": {"page_label": "246", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "77cadd3e-e54e-4133-9c19-d6d281a9d784", "node_type": null, "metadata": {"page_label": "246", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "b2269814b579c036c28ed419f11ace7a00c3dcc18616b0b64344c2e7ea314369"}, "2": {"node_id": "d50c3097-7193-4a92-918b-1090dd501add", "node_type": null, "metadata": {"page_label": "246", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "f935aa611d079ada2f66fb268bcc824fa3cca5a60102654eaf5fa5fb59ab0f4b"}}, "hash": "0f7fe6389b698d0cbb54f2f99fa0f0ef8036a0fc5f094b2946b69346cce338e1", "text": "orm \tNo \t15G/\nForm\t15H \t(applica ble \tto \tan \tindivid ual \tage \tof \t60 \ty ears \tor \tmore ) \t\nsubject\tto \tcondit ions \tspecified \tin \tthe \tAct \tand \tother \tapplica ble \t\nsections\tof\tthe\tAct\tby\temail\tto\tinvestors@sandhar.in \t.\t\nNote:- If a shareholder holds multiple demat account having single \nPAN\tin\tthat \tcase \tif \tthe \taggr egate \tamount \tof \tdividend \tof \tall \tthe \tdemat \t\naccount\te xceeds \tRs \t5000/ - \tthe \tTDS \tshall \tbe \tdeducted \ton \tthe \tentire \t\namount of dividend.\nResident Members may also submit valid document as prescribed \nunder\tthe\tAct \tto \tclaim\ta \tlower/Nil \twithholding \ttax. \tP AN \tis \tmandat ory \t\nfor\tMembers \twhile \tpro viding \tF orm \tNo.15G/15H \tor \tan y \tother \t\ndocument\tas \tmentioned \tabo ve. \tResident\tNon-Individua l \tMembers \t\n(who\tare\te xempt \tfrom \tTDS \tunder \tSect ion \t194 \tof \tthe \tAct \tor \tco vered \t\nunder\tSect ion \t196 \tof \tthe \tAct) \tare \trequired \tto \tsubmit\tself-a ttested \t\ncopy of the valid documentary evidence and declaration to avail \nsuch\texemption \tunder\tthe\tAct.\nDeduction \tof \tT ax \tat \tHigher \tr ates \tin \tcase \tof \tNon-filers \tof \treturns \t\n(Section\t206AB)\nWith effective from July 1, 2021, new section is introduced, and \nthe\ttax\tshall \tbe \tdeductible \tat \tthe \thigher\tr ates \tprescribed \tunder \tthis \t\nprovision\tif\tthe\tfollowing\tconditions \tare\tsatisfied:\nDeductee\t(shareholder) \thas \tnot \tfiled \tthe \treturn \tof \tincom e \tfor \t2 \t\nassessment years # relevant to the previous years immediately prior \nto\tthe\tprevious\tyear\tin\twhich\ttax\tis\trequired\tto\tbe\tdeducted.\nThe\tdue\tdate \tto \tfile \tsuch \treturn \tof \tincom e, \tas \tprescribed \tunder \t\nsection\t139(1),\t has \t expired; \t and\nThe\taggr egate \tamount \tof \ttax \tdeducted \tand \tcollect ed \tat \tsource \tis \tRs. \t\n50,000\tor\tmore\tin\teach\tof\tthese\t2\tprevious\tyears#\n#\tWit h\teffect \tfrom \t01-04-2022 \tperiod \tof \t2 \ty ears \thas \tbeen \treduced \t\nto 1 year\nRate\tof\tTDS:\nThe\ttax\tshall\tbe\tdeducted\tat\tthe\thigher\t of \t the \t following \t rates:\n\u2022\t Twice \tthe \tr ate \tspecified \tin \tthe \trele vant \tpro vision \tof \tthe \tAct \t\n(Rate\tspecified\tu/s\t194\tis\t10%)\n\u2022 T wice the rate or rates in force; or\n\u2022\t 5%\t(This\trate\tis\tnot\t applicable \t for \t Dividend)", "start_char_idx": 4825, "end_char_idx": 6968, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ac610c01-c101-4ab7-87fd-280b11141b13": {"__data__": {"id_": "ac610c01-c101-4ab7-87fd-280b11141b13", "embedding": null, "metadata": {"page_label": "247", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "7858a4ad-2727-450f-8973-3228ace41cf9", "node_type": null, "metadata": {"page_label": "247", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "507b527a0c561c3bf0c859cd0175ea7a1d072f95a074b1c79cfc978238907eb6"}, "3": {"node_id": "d0d77f7a-f81d-4ba4-bc41-c147e639dab9", "node_type": null, "metadata": {"page_label": "247", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1392f8f13443362882f46a7e2e88adf707d3666adc87a25196d2a39edae72d35"}}, "hash": "2a1e69f5ba22f0c72bee0021ef9dc8eb26c59d584f5f3a6a0073eb25f44c2e77", "text": "AGM Notice-2021-22For Non-resident Members, \ttax es\tare \trequired \tto \tbe \twit hheld \tin \t\naccordance \twit h \tSect ion \t195 \tand \tother \tapplica ble \tsections \tof \tthe \t\nAct.\tF or\tFPI/FII, \tTDS \tshall \tbe \tat \tthe \tr ate \tof \t20% \t(plus \tapplica ble \t\nsurcharge and cess) as per Section 196D of the Act. For other \nnon-resident \tMembers, \tthe \tTDS \tshall \tbe \tat \tthe \tr ate \tof \t20% \t(plus \t\napplicable surcharge and cess) or as per Section 90 of the Act. \nan\toption\tto \tbe \tgo verned \tb y \tthe \tpro visions \tof \tthe \tDouble \tT ax \t\nAvoidance \tAgreement \t(D TAA) \tbetween \tIndia\tand \tthe \tcountry \tof \ttax \t\nresidence\tof \tthe \tmember , \tif \tthe y \tare \tmore \tbeneficia l \tto \tthem. \tF or \t\nthis\tpurpose, \ti. e. \tto \ta vail \tthe \tbenefits \tunder \tthe \tD TAA, \tother \tnon-\nresident Members will have to provide the following:\ni. Self-attested \tcop y \tof \tthe \tP AN \tCa rd \tallot ted \tb y \tthe \tIndia n\nIncome\tTax\tauthorities.\nii. Self-attested \tcop y \tof \tT ax \tResidency \tCertifica te \t(TR C) \tfor \tFY \t\n2022-23\tobtained \tfrom \tthe \tre venue \tauthorit ies \tof \tthe \tcountry \t\nof\ttax\tresidence\tof\tMembers.\niii. Self-declaration \tForm\t10F.\niv.\t Self-declaration \tb y \tthe \tMember \tof \tha ving \tno \ttaxable \tpresence \t\nor\ta\tfixed\tbase/Permanent \tEstablishment \tin\tIndia.\nv.\t Self-declaration \tof \tBeneficia l \townership \tb y \tthe \tMember , \tand\neligibility\tto \tcla im\ttreaty \tbenefit, \twhich \tis \tnot \tim paired \tin \tan y \t\nmanner.\nvi. Any other documents as prescribed under the Act for lower\nwithholding \tof \ttax es, \tif \tapplica ble \tduly \tattested \tb y \tthe \t\nshareholder.\n29)\t The\tScrutinizer \tshall,\tim mediately \tafter \tthe \tconclusion \tof \t\nvoting\tat\tthe \tA GM, \tfirst \tcount \tthe \tv otes \tcast \tduring \tthe \tA GM, \t\nthereafter \tunblock \tthe \tv otes \tcast \tthrough \tremote \te-v oting \t\nand\tmak e,\tnot \tla ter \tthan \t48 \thours \tof \tconclusion \tof \tthe \tA GM, \t\na\tconsoli dated \tScrutinizer \u2019s \tReport \tof \tthe \ttotal \tv otes \tcast \tin \t\nfavour or against, if any, to the Chairman or a person authorised \nby him in writing, who shall countersign the same.\n30)\t The\tresult s \tdecla red \talong \twit h \tthe \tscrutinizer \u2019s \treport \tshall \t\nbe placed on the website of the Company www.sandhargroup.com  under the head \u201cInvestor", "start_char_idx": 0, "end_char_idx": 2226, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d0d77f7a-f81d-4ba4-bc41-c147e639dab9": {"__data__": {"id_": "d0d77f7a-f81d-4ba4-bc41-c147e639dab9", "embedding": null, "metadata": {"page_label": "247", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "7858a4ad-2727-450f-8973-3228ace41cf9", "node_type": null, "metadata": {"page_label": "247", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "507b527a0c561c3bf0c859cd0175ea7a1d072f95a074b1c79cfc978238907eb6"}, "2": {"node_id": "ac610c01-c101-4ab7-87fd-280b11141b13", "node_type": null, "metadata": {"page_label": "247", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "2a1e69f5ba22f0c72bee0021ef9dc8eb26c59d584f5f3a6a0073eb25f44c2e77"}, "3": {"node_id": "0846d872-e685-427f-84e0-62acb77eacd9", "node_type": null, "metadata": {"page_label": "247", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7ea4b37467cfcc8fdf6b59732de0797231043730f5e8959a1f995ac4fcd80c8c"}}, "hash": "1392f8f13443362882f46a7e2e88adf707d3666adc87a25196d2a39edae72d35", "text": "Relations\u201d immediately after the results are declared by the Chairman or a person authorised\nby him in writing. The same shall be communicated by the\nCompany\tto \tthe \tstock \te xchanges \ti. e. \tBSE \tLim ited \tand \tNationa l\nStock\tExchange\tof\tIndia\t Limited.\n31)\t Instructions \tfor \te-v oting \tand \tjoining \tthe \tAnnual \tGener al \t\nMeeting are as follows:\nInstructions \tfor \tShareholders/Members \tto \tattend \tthe \t\nAnnual\tGeneral\tMeeting \tInstaMeet \t(through \tVC/OAVM):\nShareholders/ \tMembers \twill \tbe \tpro vided \twit h \tInstaMeet \t\nfacility\tfor \tattending \tthe \tA GM \tthrough \tV C/OAVM \twherein \t\nShareholders/ \tMember \tshall \tregist er \ttheir \tdetails \tand \tattend \t\nthe Annual General Meeting as under:1.\t Open\tthe \tinternet \tbrowser \tand \tla unch \tthe \tURL \tfor \t\nInstaMeet \thttps:/ /instameet.linkintime.co.in \tand \tregist er \t\nwith your following details:\ni.Demat\tAccount \tNo. \tor \tF olio \tNo: \tEnter \ty our \t16 \tdigit\nDemat Account No. or Folio No\n\u2022\t Shareholders/ \tmembers \tholdi ng \tshares \tin \tCDSL\t\ndemat\taccount \tshall \tpro vide \t16 \tDigit\tBeneficia ry \t\nID\n\u2022\t Shareholders/ \tmembers \tholding \tshares \tin \tNSDL \t\ndemat\taccount \tshall \tpro vide \t8 \tChar acter \tDP \tID\nfollowed by 8 Digit Client ID\n\u2022\t Shareholders/ \tmembers \tholdin g \tshares \tin \tph ysical\nform shall provide Folio Number registered with\nthe Company \nii. PAN:\tEnter \ty our \t10-digit\tP ermanent \tAccount \tNumber \t\n(PAN)\t\niii. Mobile \tNo.:\tEnter\tyour\tmobile\tnumber.\t\niv.\t Email\tID: \tEnter \ty our \temail \tid,\tas \trecorded \twit h \ty our \tDP /\nCompany. \n2.\t Click \t\u201cGo\tto\tMeeting\u201d \t\nNote:\nShareholders/ \tMembers \tare \tencour aged \tto \tjoin \tthe \tMeeting \t\nthrough\tT ablets/ \tLaptops \tconnected \tthrough \tbroadband \tfor \t\nbetter\texperience.\nShareholders/ \tMembers \tare \trequired \tto \tuse \tInternet \twit h \ta \t\ngood\tspeed \t(prefer ably \t2 \tMBPS \tdownloa d \tstream) \tto \ta void \t\nany disturbance during the meeting.\nPlease\tnote \tthat \tShareholders/Members \tconnecting \tfrom \t\nMobile\tDe vices \tor \tT ablets \tor \tthrough \tLaptops \tconnecting \t\nvia\tMobil e \tHotspot \tma y \te xperience \tAudio/ Visual \tloss \tdue \t\nto\tfluctuation \tin \ttheir \tnetwork. \tIt \tis \ttherefore \trecommended \t\nto\tuse\tstable \tWi-F i \tor \tLAN \tconnection \tto \tmit igate \tan y \tkind \t\nof aforesaid glitches.\nIn\tcase\tshareholders/ \tmembers \tha ve \tan y \tqueries \trega rding \t\nlogin/\te-v oting, \tthe", "start_char_idx": 2227, "end_char_idx": 4560, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0846d872-e685-427f-84e0-62acb77eacd9": {"__data__": {"id_": "0846d872-e685-427f-84e0-62acb77eacd9", "embedding": null, "metadata": {"page_label": "247", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "7858a4ad-2727-450f-8973-3228ace41cf9", "node_type": null, "metadata": {"page_label": "247", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "507b527a0c561c3bf0c859cd0175ea7a1d072f95a074b1c79cfc978238907eb6"}, "2": {"node_id": "d0d77f7a-f81d-4ba4-bc41-c147e639dab9", "node_type": null, "metadata": {"page_label": "247", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "1392f8f13443362882f46a7e2e88adf707d3666adc87a25196d2a39edae72d35"}}, "hash": "7ea4b37467cfcc8fdf6b59732de0797231043730f5e8959a1f995ac4fcd80c8c", "text": "y \tma y \tsend \tan \temail \tto \tinst ameet@\nlinkintime.co.in \t\tor\tcontact\ton:\t-\tTel:\t022-49186175.\nInstructions \tfor \tShareholders/Members \tto \tregister \t\nthemselves \tas \tSpeak ers \tduring \tAnnual \tGener al \t\nMeeting:\nShareholders/ \tMembers \twho \twould \tlik e \tto \te xpress \ttheir \t\nviews/ask\tquestions \tduring \tthe \tmeeting \tma y \tregist er \t\nthemselves \tas \ta \tspeak er \tb y \tsending \ttheir \trequest \tmentioning \t\ntheir\tname, \tdemat \taccount \tnumber/ folio \tnumber , \temail \t\nid,\tmobile\tnumber \tat \te-m ail: \tin vestors@sandhar.in \tin \tfrom \t\nSeptember 19, 2022 at 10.00 am to September 21, 2022\nat\t5.00\tpm.\nThe\tSpeak ers \ton \tfirst \tcome \tbasis \twill \tonly \tbe \tallowed \tto \t\nexpress\ttheir\tviews/ask\tquestions\tduring\tthe\tmeeting.\nShareholders/ \tMembers, \twho \twould \tlik e \tto \task \tquestions,\t\nmay\tsend\ttheir \tquestions \tin \tadvance \tmentioning \ttheir \t\nname\tdemat \taccount \tnumber/ folio \tnumber , \temail \tid,\tmobile \t\nnumber\tat \te-m ail \t: \tin vestors@sandhar.in. \tThe \tsame \twill \tbe \t\nreplied by the Company suitably.", "start_char_idx": 4561, "end_char_idx": 5584, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "a1e8a336-bf3b-4b44-a2c7-b43f5a474ab3": {"__data__": {"id_": "a1e8a336-bf3b-4b44-a2c7-b43f5a474ab3", "embedding": null, "metadata": {"page_label": "248", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "308426e2-7aad-40a7-bd34-01321a4651dd", "node_type": null, "metadata": {"page_label": "248", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a874afba6103801ae3af6c52e0eced4ebb297bbf79a33bbeda936e04cf533f18"}, "3": {"node_id": "62a57144-bb68-48a1-a743-58ab7f217a07", "node_type": null, "metadata": {"page_label": "248", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "e1d7d45d45ec524631bffb0406084ecb68a472dfc1b6edf7a89f1b6e26c80c2f"}}, "hash": "a7a65f4734ee47c0b53dbb4797f42f4d86c00072a662b13323c02b9230a2e284", "text": "AGM Notice-2021-22Note:\nThose\tshareholders/ members \twho \tha ve \tregist ered \t\nthemselves \tas \ta \tspeak er \twill \tonly \tbe \tallowed \tto \te xpress \t\ntheir\tviews/ ask \tquestions \tduring \tthe \tmeeting.\tThe \tCom pany \t\nreserves\tthe \tright\tto \trestrict\tthe \tnumber \tof \tspeak ers \t\ndepending on the availability of time for the Annual General \nMeeting. \nShareholders/ \tMembers \tare \tallowed \tto \tuse \tcamer a\tand \t\nare advised to use Internet with a good speed (preferably \n2\tMBPS\tdownloa d \tstream) \tto \ta void \tan y \tdist urbance \tduring \t\nthe meeting.\nInstructions \tfor \tShareholders/Members \tto \tV ote \tduring \t\nthe\tAnnual\tGeneral\tMeeting \tthrough\tInstaMeet:\nOnce\tthe\telect ronic \tv oting \tis \tactiva ted \tb y \tthe \tscrutinizer \t\nduring\tthe \tmeeting,\tshareholders/ \tmembers \twho \tha ve \tnot \t\nexercised\ttheir \tv ote \tthrough \tthe \tremote \te-v oting \tcan \tcast \t\nthe vote as under:\na)\t On\tthe \tSha reholders \tV C \tpage, \tclick\ton \tthe \tlink\tfor \t\ne-Voting\t\u201cCast\tyour\tvote\u201d.\nb)\t Enter\tDemat \tAccount \tNo. \t/ \tF olio \tNo. \tand \tO TP \t(receiv ed \t\non\tthe\tregist ered \tmobile \tnumber/ \tregist ered \temail \tId) \t\nreceived\tduring \tregist ration \tfor \tInstaMeet \tand \tclick\ton \t\n\u2018Submit\u2019 .\nc) After successful login,  you will see \u201cResolution\nDescription\u201d \tand \taga inst\tthe \tsame \tthe \toption \t\u201cFa vour/ \t\nAgainst\u201d for voting.\nd) Ca st your vote by selecting appropriate option i.e.\n\u201cFavour/Against\u201d \tas\tdesired.\ne)\t Enter\tthe \tnumber \tof \tshares \t(which \trepresents \tno. \tof \t\nvotes)\tas\ton\tthe\tcut-off\tdate\tunder\t\u2018Favour/Against\u2019.\nf)\t After\tselect ing \tthe \tappropria te \toption \ti. e. \tFa vour/\nAgainst\tas\tdesired \tand \ty ou \tha ve \tdecided \tto \tv ote, \tclick\ton \t\n\u201cSave\u201d.\tA\tconfirmation \tbo x \twill \tbe \tdispla yed. \tIf \ty ou \twish \t\nto\tconfirm \ty our \tv ote, \tclick\ton \t\u201c Confirm\u201d, \telse \tto \tchange \t\nyour\tv ote,\tclick\ton \t\u201cBa ck\u201d \tand \taccordingly \tmodify \ty our \t\nvote.\ng)\t Once\ty ou \tconfirm \ty our \tv ote \ton \tthe \tresolut ion,\ty ou \t\nwill not be allowed to modify or change your votesubsequentlyNote: \nShareholders/ \tMembers, \twho \twill \tbe \tpresent \tin \tthe \tAnnual \tGener al \t\nMeeting through InstaMeet facility and have not casted their vote \non\tthe\tResolut ions \tthrough \tremote \te- Voting \tand \tare \totherwise \t\nnot\tbarred", "start_char_idx": 0, "end_char_idx": 2229, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "62a57144-bb68-48a1-a743-58ab7f217a07": {"__data__": {"id_": "62a57144-bb68-48a1-a743-58ab7f217a07", "embedding": null, "metadata": {"page_label": "248", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "308426e2-7aad-40a7-bd34-01321a4651dd", "node_type": null, "metadata": {"page_label": "248", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a874afba6103801ae3af6c52e0eced4ebb297bbf79a33bbeda936e04cf533f18"}, "2": {"node_id": "a1e8a336-bf3b-4b44-a2c7-b43f5a474ab3", "node_type": null, "metadata": {"page_label": "248", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "a7a65f4734ee47c0b53dbb4797f42f4d86c00072a662b13323c02b9230a2e284"}}, "hash": "e1d7d45d45ec524631bffb0406084ecb68a472dfc1b6edf7a89f1b6e26c80c2f", "text": "\tfrom \tdoing \tso, \tshall \tbe \teligible \tto \tv ote \tthrough \te- Voting \t\nfacility during the meeting. \nShareholders/ \tMembers \twho \tha ve \tv oted \tthrough \tRemote \te- Voting \t\nprior\tto\tthe \tAnnual \tGener al \tMeeting \twill \tbe \teligible \tto \tattend/ \t\nparticipate in the Annual General Meeting through InstaMeet. \nHowever,\tthey\twill\tnot\t be \t eligible \t to \t vote \t again \t during \t the \t meeting.\t\nIn\tcase\tshareholders/ \tmembers \tha ve \tan y \tqueries \trega rding \tlogin/\t\ne-voting,\tthe y \tma y \tsend \tan \temail \tto \tinst ameet@linkintime.co.in \tor \t\ncontact\ton:\t-\tTel:\t022-49186175.\nREMOTE E-VOTING\nIn\tcomplia nce \twit h \tRegula tion \t44 \tof \tthe \tSEBI \t(List ing \tObliga tions \t\nand\tDisclosur e \tRequirements) \tRegula tions,\t2015 \tread \twit h \tRule \t\n20 of the Companies (Management and Administration) Rules, \n2014,\tthe\tCom pany \tis \tplea sed \tto \toffer \tremote \te-v oting \tfacilit y \tas \t\nan alternative mode of voting which will enable the Members to cast their votes electronically. Necessary arrangements have been \nmade\tb y\tthe \tCom pany \twit h \tLink \tIntim e \tIndia\tPvt. \tLim ited \t(\u201cL IIPL\u201d),\t\nRegistrar and Share Transfer agent of the Company to facilitate \nremote\te-voting\nThe\tremote \te-v oting \tperiod \tbegin s \ton \t09:00 \tA.M., \ton \tMonda y, \t\nSeptember \t19, \t2022 \tand \twill \tend \tat \t05:00 \tP .M. \t(IST ) \ton \tW ednesday, \t\nSeptember 21, 2022. During this period, shareholders of the \nCompany,\tholding\tshares \tin \tdemateria lized \tform \tas \ton \tthe \tCut -\noff\tDate\ti. e. \tThursda y, \tSeptember \t15, \t2022 \tma y \tcast \ttheir \tv otes \t\nelectronically. \tThe \tremote \te-v oting \tmodule \tshall \tbe \tdisa bled \tb y \tLIIPL \t\nfor\tv oting\tafter \t05:00 \tp.m. \t(IST ) \ton \tthe \tW ednesday, \tSeptember \t21, \t\n2022\nThe\tprocess\tand\tinstructions \tfor\tremote\te-voting\tare\tas\tunder:\nRemote\te- Voting \tInstructions \tfor \tshareholders \tpost \tchange \t\nin\tthe\tL ogin \tmechanism \tfor \tIndividual \tshareholders \tholding \t\nsecurities \tin \tdemat \tmode, \tpursuant \tto \tSEBI \tcircular \tdated \t\nDecember \t9,\t2020:\nPursuant\tto \tSEBI \tcircula r \tdated \tDecember \t9, \t2020 \ton \te- Voting \t\nfacility\tpro vided \tb y \tList ed \tCom panies,\tIndividua l \tshareholders \t\nholding securities in demat mode can vote through their demat \naccount\tmaint ained \twit h \tDeposit ories \tand \tDeposit ory \tP articipants \t\nonly post 9th June, 2021.\nShareholders are advised to update their mobile number and email \nId\tin\ttheir\tdemat\taccounts\tto\taccess\te-Voting\tfacility.", "start_char_idx": 2230, "end_char_idx": 4664, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9a5c374e-6c59-44fe-bba1-b334796cb500": {"__data__": {"id_": "9a5c374e-6c59-44fe-bba1-b334796cb500", "embedding": null, "metadata": {"page_label": "249", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "373c953e-41cb-4cc1-b359-308fef68a994", "node_type": null, "metadata": {"page_label": "249", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8f4022767559cb8f8b61296e5ea35107eb71f614e102ea7ba55287ea87df14d6"}, "3": {"node_id": "d3ac1389-6110-406a-ab1b-3d9fa4cff58c", "node_type": null, "metadata": {"page_label": "249", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4ffe5463d06e2b888cd948bce3894ef2669639d493feef7e2f8df69c3628ee4a"}}, "hash": "cbef94bbd071fa66e3b6c55a8cdb06c9e38543578941b45715bc112b9b9be686", "text": "AGM Notice-2021-22Login\tmethod\tfor\tIndividual \tshareholders \tholding\tsecurities \tin\tdemat\tmode/\tphysical\tmode\tis\tgiven\tbelow:\nType of shareholders Login Method\nIndividual \tShareholders \tholding\tsecurities \t\nin\tdemat\tmode\twith\tNSDL\u2022\t If\ty ou\tare \talready \tregist ered \tfor \tNSDL \tIDeAS \tfacilit y, \tplea se \tvisit\tthe \te-Services \twebsite \t\nof\tNSDL .\tOpen \tweb \tbrowser \tb y \ttyping \tthe \tfollowing \tURL: \thttps:/ /eservices.nsdl.com \t\neither\ton\ta \tP ersonal \tCom puter \tor \ton \ta \tmobile.\tOnce \tthe \thome \tpage \tof \te-Services \tis \t\nlaunched,\tclick\ton \tthe \t\u201cBeneficia l \tOwner\u201d \ticon \tunder \t\u201cL ogin\u201d \twhich \tis \ta vailable \tunder \t\n\u2018IDeAS\u2019\tsection.\tA \tnew \tscreen \twill \topen. \tY ou \twill \tha ve \tto \tenter \ty our \tUser \tID \tand\nPassword.\t\n\u2022\t After\tsuccessful \tauthentica tion, \ty ou \twill \tbe \table \tto \tsee \te- Voting \tservices. \tCl ick \ton \t\n\u201cAccess\tto\te- Voting\u201d \tunder \te- Voting\tservices \tand \ty ou \twill \tbe \table \tto \tsee \te- Voting \tpage. \t\nClick\ton\tcompan y \tname \tor \te- Voting\tservice \tpro vider \tname \tand \ty ou \twill \tbe \tre-directed \t\nto\te- Voting \tservice \tpro vider \twebsit e \tfor \tcasting \ty our \tv ote \tduring \tthe \tremote \te- Voting \t\nperiod\tor\tjoining\tvirtual\tmeeting\t&\tvoting\tduring\tthe\tmeeting.\n\u2022\tIf\tthe\tuser \tis \tnot \tregist ered \tfor \tIDeAS \te-Ser vices,\toption \tto \tregist er \tis \ta vailable \tat\nhttps://eservices.nsdl.com. \t\tSelect\t\u201cRegist er \tOnline \tfor \tIDeAS \t\u201cP ortal \tor \tclick \t\t\tat \thttps:/ /\neservices.nsdl.com/SecureWeb/IdeasDirectReg.jsp\n\u2022\t Visit\tthe \te- Voting \twebsit e \tof \tNSDL . \tOpen \tweb \tbrowser \tb y \ttyping \tthe \tfollowing \tURL: \t\nhttps://www.evoting.nsdl.com/ \teit her \ton \ta \tP ersonal \tCom puter \tor \ton \ta \tmobile. \tOnce \tthe \t\nhome\tpage \tof \te- Voting \tsystem \tis \tla unched, \tclick\ton \tthe \ticon \t\u201cL ogin\u201d \twhich \tis \ta vailable \t\nunder\t\u2018Sha reholder/Member\u2019 \tsection.\tA \tnew \tscreen \twill \topen. \tY ou \twill \tha ve \tto \tenter \t\nyour\tUser\tID \t(i. e. \ty our \tsix teen \tdigit\tdemat \taccount \tnumber \thold \twit h \tNSDL), \tP assword/\nOTP\tand\ta \tV erification \tCode \tas \tshown \ton \tthe \tscreen. \tAfter", "start_char_idx": 0, "end_char_idx": 2052, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "d3ac1389-6110-406a-ab1b-3d9fa4cff58c": {"__data__": {"id_": "d3ac1389-6110-406a-ab1b-3d9fa4cff58c", "embedding": null, "metadata": {"page_label": "249", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "373c953e-41cb-4cc1-b359-308fef68a994", "node_type": null, "metadata": {"page_label": "249", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "8f4022767559cb8f8b61296e5ea35107eb71f614e102ea7ba55287ea87df14d6"}, "2": {"node_id": "9a5c374e-6c59-44fe-bba1-b334796cb500", "node_type": null, "metadata": {"page_label": "249", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cbef94bbd071fa66e3b6c55a8cdb06c9e38543578941b45715bc112b9b9be686"}}, "hash": "4ffe5463d06e2b888cd948bce3894ef2669639d493feef7e2f8df69c3628ee4a", "text": "\tsuccessful \tauthentication, \t\nyou\twill\tbe \tredirected \tto \tNSDL \tDeposit ory \tsit e \twherein \ty ou \tcan \tsee \te- Voting \tpage. \t\nClick\ton\tcompan y \tname \tor \te- Voting\tservice \tpro vider \tname \tand \ty ou \twill \tbe \tredirected \t\nto\te- Voting \tservice \tpro vider \twebsit e \tfor \tcasting \ty our \tv ote \tduring \tthe \tremote \te- Voting \t\nperiod\tor\tjoining\tvirtual\tmeeting\t&\tvoting\tduring\tthe\tmeeting.\nIndividual \tShareholders \tholding\tsecurities \t\nin\tdemat\tmode\twith\tCDSL\u2022\t Existing \tuser \tof \twho \tha ve \topted \tfor \tEasi \t/ \tEasiest , \tthe y \tcan \tlogin \tthrough \ttheir \tuser \tid \t\nand\tpassword.\tOption\twill\tbe \t made \t available \t to \t reach \t e-Voting \tpage \t without \t any \t further \t\nauthentication. \tThe \tURL \tfor \tusers \tto \tlogin \tto \tEasi \t/ \tEasiest\tare \thttps:/ /web.cdslindia.\ncom/myeasi/home/login \tor\t www.cdslindia.com \t and \t click\t on \t New \t System \t Myeasi.\n\u2022\tAfter\tsuccessful \tlogin \tof \tEasi \t/ \tEasiest\tthe \tuser \twill \tbe \talso \table \tto \tsee \tthe \tE \tV oting \tMenu. \t\nThe\tMenu \twill \tha ve \tlink s \tof \te- Voting\tservice \tpro vider \ti. e. \tNSDL , \tKARVY , \tLINK \tNTIME, \t\nCDSL.\tClick\t on \t e-Voting \t service \t provider \t name \t to \t cast \t your \t vote.\n\u2022\tIf\tthe \tuser \tis \tnot \tregist ered \tfor \tEasi/ Easiest, \toption \tto \tregist er \tis \ta vailable \tat \t\thttps:/ /\nweb.cdslindia.com/myeasi./Registration/EasiRegistration \t\n\u2022\t Alternatively, \tthe \tuser \tcan \tdirectly \taccess \te- Voting \tpage \tb y \tpro viding \tdemat \tAccount \t\nNumber\tand \tP AN \tNo. \tfrom \ta \tlink\tin \t\twww .cdslindia.com \thome \tpage.\tThe \tsystem \twill \t\nauthenticate \tthe \tuser \tb y \tsending \tO TP \ton \tregist ered \tMobile \t& \tEmail \tas \trecorded \tin\nthe\tdemat \tAccount. \tAfter \tsuccessful \tauthentica tion,\tuser \twill \tbe \tpro vided \tlin ks \tfor \tthe \t\nrespective \tESP\t where \t the \t E \t Voting \t is \t in \t progress.\nIndividual \tShareholders \t(holding\t\nsecurities \tin\tdemat\tmode)\t&\tlogin\tthrough\t\ntheir\tdepository \tparticipants\u2022 Y ou can also login using the login credentials of your demat account through your \nDepository \tParticipant \tregistered \twith\tNSDL/CDSL \t for \t e-Voting \t facility. \t\n\u2022\t Once\tlogin,\t you \t will \t be \t able \t to \t see \t e-Voting \t option.\t Once \t you \t click\t on \t e-Voting \t option, \t\nyou\twill\tbe\tredirected \tto\tNSDL/CDSL \t Depository \t site \t after \t successful \t authentication, \t\nwherein\tyou\tcan\tsee\te-Voting\tfeature.\tClick\t on \t company \t name \t or \t e-Voting \t service \t\nprovider\tname\tand\tyou\twill\tbe\tredirected \tto\te-Voting\tservice\tprovider\twebsite\tfor\t\ncasting\tyour\tvote\tduring\tthe\tremote\te-Voting\tperiod\tor\tjoining\tvirtual\tmeeting\t&\tvoting\nduring the meeting.", "start_char_idx": 2053, "end_char_idx": 4640, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "dc0cf980-5971-4f79-b3d2-eb5451458e7a": {"__data__": {"id_": "dc0cf980-5971-4f79-b3d2-eb5451458e7a", "embedding": null, "metadata": {"page_label": "250", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c983c817-b6c7-4de9-8eca-d75222ea0a63", "node_type": null, "metadata": {"page_label": "250", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ee65b57818e3ebf9e1e50bbc657bdc8b84e906f05e2bdceebe16b1ad753a1d5f"}, "3": {"node_id": "b5bae532-657e-47d0-850f-3bcd6437247b", "node_type": null, "metadata": {"page_label": "250", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ac698f7ec3a8e714619b3dadcd77edefef7eae6aafef7e2a5a616e1029d72763"}}, "hash": "7ff0350ba358b524403ecae3cfaf975f533129c57170df9e0105e398a9086632", "text": "AGM Notice-2021-22Individual \tShareholders \tholding\tsecurities \t\nin\tPhysical \tmode\t&\tevoting\tservice\t\nProvider \tis\tLINKINTIME.1.\tOpen\tthe\tinternet\tbrowser\tand\tlaunch\tthe\tURL:\thttps://instavote.linkintime.co.in \t\n\u2022\t Click\ton \t \u201cSign \t Up\u201d \t under \t \u2018SHARE \t HOLDER\u2019 \t tab \t and \t register \t with \t your \t following\ndetails:\t-\nA.\t User\tID:\tShareholders/ \tmembers\tholding\tshares\tin\tphysical\tform\tshall\tprovide\nEvent\tNo\t+\tFolio\tNumber\tregistered \twith\tthe\tCompany.\nB.\t PAN:\tEnter\tyour\t10-digit\t Permanent \t Account \t Number \t (PAN) \t (Members \t who\nhave\tnot\tupdated\ttheir\tPAN\twith\tthe\tDepository \tParticipant \t(DP)/\tCompany\t\nshall\tuse\tthe\tsequence\tnumber\tprovided\tto\tyou,\tif\tapplicable. \t\nC.DOB/DOI: \tEnter\tthe\tDate\tof\tBirth\t(DOB)\t/\t Date \t of \t Incorporation \t (DOI) \t (As\nrecorded\twith\tyour\tDP\t/\tCompany\t-\tin\tDD/MM/YYYY \tformat)\t\nD.Bank\tAccount \tNumber: \tEnter\tyour\tBank\tAccount\tNumber\t(last\tfour\tdigits),\tas\nrecorded\twith\tyour\tDP/Company. \t\n\u2022\t Shareholders/ \tmembers\tholding\tshares\tin\tphysical\tform\tbut\thave\tnot\trecorded\t\u2018C\u2019\nand \u2018D\u2019 , shall provide their Folio number in \u2018D\u2019 above \n\u2022 Set  the password of your choice (The password should contain minimum 8 \ncharacters, \tat\tleast\tone\tspecial\tCharacter\t(@!#$&*),\t at \t least \t one \t numeral, \t at\nleast one alphabet and at least one capital letter).\n\u2022\t Click\t\u201cconfirm\u201d \t (Your \t password \t is \t now \t generated).\n2.\t Click\ton \t \u2018Login\u2019 \t under \t \u2018SHARE HOLDER\u2019 tab.\n3.\t Enter\tyour\tUser\tID,\tPassword\tand\tImage\tVerification \t(CAPTCHA) \tCode\tand\tclick\ton\n\u2018Submit\u2019.\n4.\t After\tsuccessful \tlogin,\t you \t will \t be \t able \t to \t see \t the \t notification \t for \t e-voting. \t Select \t \u2018View\u2019 \nicon.\n5.\t E-voting \tpage\twill\tappear.\n6. Refer the Resolut ion description and cast your vote by selecting your desired option \n\u2018Favour\t/\tAgainst\u2019\t(If\tyou\twish\tto\tview\tthe\tentire\tResolution \tdetails,\t click\t on \t the \t \u2018View\t\nResolution \u2019\tfile\tlink).\n7.\t After\tselecting\tthe\tdesired\toption\ti.e.\tFavour\t/\tAgainst,\tclick\t on \t \u2018Submit\u2019.\tA\tconfirmation \t\nbox\twill\tbe\tdisplayed.\tIf\tyou\twish\tto\tconfirm\tyour\tvote,\tclick\t on \t \u2018Yes \u2019 , else to change your \nvote,\tclick\ton \t \u2018No\u2019 \t and \t accordingly \t modify \t your \t vote.\nInstitutional \tshareholders:\nInstitutional \tshareholders \t(i. e. \tother \tthan \tIndividua ls,\tHUF , \tNRI \t\netc.)\tand\tCust odians \tare \trequired \tto \tlog \ton \tthe \te-v oting \tsystem \tof \t\nLIIPL\tat\thttps:/ /instavote.linkintime.co.in \tand \tregist er \tthemselv es \tas", "start_char_idx": 0, "end_char_idx": 2411, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "b5bae532-657e-47d0-850f-3bcd6437247b": {"__data__": {"id_": "b5bae532-657e-47d0-850f-3bcd6437247b", "embedding": null, "metadata": {"page_label": "250", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "c983c817-b6c7-4de9-8eca-d75222ea0a63", "node_type": null, "metadata": {"page_label": "250", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "ee65b57818e3ebf9e1e50bbc657bdc8b84e906f05e2bdceebe16b1ad753a1d5f"}, "2": {"node_id": "dc0cf980-5971-4f79-b3d2-eb5451458e7a", "node_type": null, "metadata": {"page_label": "250", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "7ff0350ba358b524403ecae3cfaf975f533129c57170df9e0105e398a9086632"}}, "hash": "ac698f7ec3a8e714619b3dadcd77edefef7eae6aafef7e2a5a616e1029d72763", "text": "\t\n\u2018Custodian \t/ \tMutual \tF und \t/ \tCorpor ate \tBody\u2019 . \tThe y \tare \talso \trequired \t\nto\tuploa d\ta \tscanned \tcertified \ttrue \tcop y \tof \tthe \tboard \tresolut ion \t/\nauthority\tlet ter/power \tof \tattorne y \tetc. \ttoget her \twit h \tattested \t\nspecimen\tsigna ture \tof \tthe \tduly \tauthorised \trepresentativ e(s) \tin \tPDF \t\nformat in the \u2018Custodian \t/ \tMutual \tF und \t/ \tCorpor ate \tBody\u2019 \tlogin \nfor\tthe\tScrutinizer \t to \t verify \t the \t same. \t\nIndividual \tShareholders \tholding \tsecurities \tin \tPh ysical \tmode \t\nand\thave\tforgotten \tthe\tpassword: \t\no\t Click\ton \t\u2018Login\u2019 on under \u2018SHARE HOLDER\u2019 tab and further\nClick\t\u2018forgot\tpassword? \u2019 \no\t Enter\tUser ID, select Mode \tand\tEnter \tImage \tV erification \t\n(CAPTCHA) \tCode\tand\tClick\t on \t \u2018Submit\u2019.\n\u2022\t In\tcase \tshareholders/ \tmembers \tis \tha ving \tvalid \temail \taddress, \t\nPassword\twill\tbe\tsent\t to \t his \t /\t her \t registered \t e-mail \t address. \t\n\u2022\t Shareholders/ \tmembers \tcan \tset \tthe \tpassword \tof \this/ her \tchoice \t\nby providing the information about the particulars of the\nSecurity\tQuest ion \tand \tAnswer , \tP AN, \tDOB/ DOI, \tBank \tAccount \t\nNumber (last four digits) etc. as mentioned above. \n\u2022 The password should contain minim um 8 characters, at least\none\tspecia l \tchar acter \t( @!#$&*),\tat \tlea st \tone \tnumer al,\tat \tlea st\none alphabet and at least one capital letter. Individual \tShareholders \tholding \tsecurities \tin \tdemat \tmode \twith \t\nNSDL/\tCDSL\thave\tforgotten \tthe\tpassword: \t\n\u2022\t Shareholders/ \tmembers \twho \tare \tunable \tto \tretrie ve \tUser \t\nID/\tP assword \tare \tadvised \tto \tuse \tF orget\tUser \tID \tand \tF orget\t\nPassword\toption \ta vailable \tat \tabo vementioned \tdeposit ory/ \t\ndepository participants website.\n\u2022 It is strongly recommended not to share your password\nwith\tan y\tother \tperson \tand \ttak e \tutmost \tcare \tto \tk eep \ty our \t\npassword\tconfidential. \t\n\u2022\t For\tshareholders/ \tmembers \tholding \tshares \tin \tph ysical \tform, \t\nthe details can be used only for voting on the resolutions\ncontained in this Notice.\n\u2022\t During \tthe \tv oting \tperiod,\tshareholders/ \tmembers \tcan \tlogin\nany number of time till they have voted on the resolution(s) \nfor\ta\tparticular\t\u201cEvent\u201d.", "start_char_idx": 2412, "end_char_idx": 4549, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ed22e06f-3717-4847-a101-43bb149f585e": {"__data__": {"id_": "ed22e06f-3717-4847-a101-43bb149f585e", "embedding": null, "metadata": {"page_label": "251", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "99fdd3c9-7854-4da9-84be-d9b0faf82b05", "node_type": null, "metadata": {"page_label": "251", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4be511c71a09136572451dbc0d2f70b6850be09278e4228df4435a62445cb40b"}, "3": {"node_id": "46fcf718-a389-4c0c-9bc5-1b7f09a840ac", "node_type": null, "metadata": {"page_label": "251", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "6f70c45563627db693d0b0a878a8e8e9e901b2656a491ae71c4c28ea0b7f6341"}}, "hash": "fdd19070d902362125ea5a1237e7896aaceef2f1fc7ee8cb1c9c0cf4334033f8", "text": "AGM Notice-2021-22Helpdesk \tfor \tIndividual \tShareholders \tholding \tsecurities \tin \t\ndemat\tmode:\nIn\tcase\tshareholders/ \tmembers \tholding \tsecurit ies \tin \tdemat \tmode \t\nhave any technical issues related to login through Depository i.e. \nNSDL/\tCDSL , \tthe y \tma y \tcontact \tthe \trespectiv e \thelpdesk \tgiv en \t\nbelow:\nLogin type Helpdesk details\nIndividual Shareholders holding \nsecurities in demat mode with NSDLMembers facing any technical \nissue\tin\tlogin\tcan\tcontact\tNSDL\t\nhelpdesk\tby\tsending\ta\t request \t at \t\t\nevoting@nsdl.co.in \tor\tcall\tat\ttoll\t\nfree no.: 1800 1020 990  and  1800 22 44 30  \nIndividual Shareholders holding securities in demat mode with CDSLMembers facing any technical \nissue\tin\tlogin\tcan\tcontact\tCDSL\t\nhelpdesk\tby\tsending\ta\t request \t at \t\nhelpdesk.evoting@cdslindia.com \t\nor\tcontact\tat\t022-\t23058738 \tor\t\n22-23058542-43.\nGeneral\tGuidelines \tfor\tshareholders:\n\u2022\t Institutional \tshareholders \t(i. e. \tother \tthan \tIndividua ls,\tHUF , \tNRI \t\netc.)\tand\tCust odian \tare \trequired \tto \tlog \ton \tto \te- Voting \tsystem \tof \t\nLIIPL:\thttps:/ /instavote.linkintime.co.in \tand \tregist er \tthemselv es\nas\t\u2018Custodian \t/\tMutual\tFund\t/\tCorporate \tBody\u2019.\n\u2022\t They\tare \talso \trequired \tto \tuploa d \ta \tscanned \tcertified \ttrue \tcop y \t\nof\tthe\tboard \tresolut ion \t/ \tauthorit y \tlet ter/power \tof \tattorne y \t\netc. together with attested specimen signature of the duly\nauthorised \trepresentativ e(s) \tin \tPDF \tformat \tin \tthe \t\u2018 Custodian \t\n/\tMutual\tF und \t/ \tCorpor ate \tBody\u2019 \tlogin \tfor \tthe \tScrutinizer \tto \t\nverify the same.\n\u2022 During the voting period, shareholders can login any number\nof time till they have voted on the resolution(s) for a particular\n\u201cEvent\u201d.\n\u2022\t Shareholders \tholding \tmult iple \tfolios/ demat \taccount \tshall \t\nchoose\tthe \tv oting \tprocess \tsepar ately \tfor \teach \tof \tthe \tfolios/\ndemat account.Helpdesk \tfor \tIndividual \tShareholders \tholding \tsecurities \tin \t\nphysical\tmode/ \tInstitutional \tshareholders \t& \te voting \tservice \t\nProvider \tis\tLINKINTIME.\nIn\tcase\tshareholders/ \tmembers \tholding \t securities \tin \tph ysical \tmode/ \t\nInstitutional \tshareholders \tha ve \tan y \tqueries \trega rding \te-v oting,\tthe y \t\nmay refer the Frequently \tAsk ed \tQuestions \t(\u2018F AQs\u2019)  and InstaVote \ne-Voting \tmanual\ta vailable \tat \thttps:/ /instavote.linkintime.co.in, \t\nunder\tHelp \tsection \tor \tsend \tan \temail\tto \tenotices@ linkintime.co.in \tor \t\ncontact\ton:\t-\tTel:\t022\t\u20134918\t6000.\nBy \t Order \t of \t the \t Board\nFor", "start_char_idx": 0, "end_char_idx": 2436, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "46fcf718-a389-4c0c-9bc5-1b7f09a840ac": {"__data__": {"id_": "46fcf718-a389-4c0c-9bc5-1b7f09a840ac", "embedding": null, "metadata": {"page_label": "251", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "99fdd3c9-7854-4da9-84be-d9b0faf82b05", "node_type": null, "metadata": {"page_label": "251", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "4be511c71a09136572451dbc0d2f70b6850be09278e4228df4435a62445cb40b"}, "2": {"node_id": "ed22e06f-3717-4847-a101-43bb149f585e", "node_type": null, "metadata": {"page_label": "251", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "fdd19070d902362125ea5a1237e7896aaceef2f1fc7ee8cb1c9c0cf4334033f8"}}, "hash": "6f70c45563627db693d0b0a878a8e8e9e901b2656a491ae71c4c28ea0b7f6341", "text": "Sandhar \tTechnologies \tLimited\nSd/ -\nK OMAL MALIK\nCom pany \t Secretary \t & \nPlace:\tGurugram\t Com pliance \t Officer  \nDated: 03rd August 2022  Membership Number: 6430\nRegistered \tOffice:\nB-6/20\tL.S.C.\t Safdarjung \t Enclave,\nNew\tDelhi-110029\nCIN:\tL74999DL1987PLC029553\nPhone:\t0124-4518900\nFax:\t0124-4518912\nEmail:\tinvestors@sandhar.in \t\nWebsite: www.sandhargroup.com", "start_char_idx": 2437, "end_char_idx": 2801, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "9bcfacc0-7777-4045-ad14-64a88007a301": {"__data__": {"id_": "9bcfacc0-7777-4045-ad14-64a88007a301", "embedding": null, "metadata": {"page_label": "252", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "0cdf267f-1732-4611-949e-6b1d09aadf24", "node_type": null, "metadata": {"page_label": "252", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "cf8e0f63151dae87d97c7ffaab4c515016988d3b56a8cb14da6e56867e9633bd"}}, "hash": "cc6845a047256863fc5e48635da7989cac60ff982b85faca59f8cf408b85dbe3", "text": "AGM Notice-2021-22Item\tNo\t5:\nRatification \tof \tremuner ation \tpa yable \tto \tCost \tAuditor \tviz. \tM/ s \t\nSatija\t&\tCo., \tfor \taudit \tof \tcost \trecords \tfor \tthe \tfinancial \ty ear \t\n2022-2023.\nThe Board on the recommendation of Audit Committee has \napproved\tthe \tappoint ment \tand \tremuner ation \tof \tM/ s \tSa tija \t& \tCo. , \t\nthe Cost Auditor to conduct the audit of cost records maintained \nby\tthe\tCom pany \tfor \tthe \tfinancia l \ty ear \tended \tthe \t31st \tMarch, \t\n2023\tat\ta\tremuner ation \tof \tRs. \t1,25,000 \t(Rupees \tOne \tla kh \ttwenty \t\nfive\tthousand \tOnly) \tand \treim bursement \tof \tout \tof \tpock et \te xpenses \t\nincurred during the course of audit.In accordance with the provisions of Section 148 of the Companies \nAct, 2013 read with the Companies (Audit and Auditors) Rules, 2014, \nthe remuneration payable to the Cost Auditors as recommended by \nthe Audit Committee and approved by the Board of Directors has to \nbe\tratified\tby\tthe\tMembers\tof\tthe\tCompany.\nAccordingly, the consent of the Members is sought for passing \nOrdinary\tResolut ion \tas \tset \tout \tat \tItem \tNo. \t5 \tfor \tr atification \tof \tthe \t\nremuneration payable to the Cost Auditors for the Financial Year \nended 31st March, 2023.EXPLANATORY STATEMENT\n(Pursuant to Section 102 of the Companies Act, 2013)\nNone\tof\tthe \tother \tPromoters, \tDirectors, \tK ey \tManageria l \tP ersonal(s) \t\nand their relatives are in any way, concerned or interested, whether \nfinancially\tor\t otherwise \t in \t this \t resolution. \t\nBy \t Order \t of \t the \t Board\nFor Sandhar \tTechnologies \tLimited\nSd/ -\nK OMAL MALIK\nCom pany \t Secretary \t & \nPlace:\tGurugram\t Com pliance \t Officer  \nDated: 03rd August 2022  Membership Number: 6430\nRegistered \tOffice:\nB-6/20\tL.S.C.\t Safdarjung \t Enclave,\nNew\tDelhi-110029\nCIN:\tL74999DL1987PLC029553\nPhone:\t0124-4518900\nFax:\t0124-4518912\nEmail:\tinvestors@sandhar.in \t\nWebsite: www.sandhargroup.com", "start_char_idx": 0, "end_char_idx": 1872, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "ae002b4e-948e-4358-b101-bfa5f9cc88db": {"__data__": {"id_": "ae002b4e-948e-4358-b101-bfa5f9cc88db", "embedding": null, "metadata": {"page_label": "253", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "f0a93551-b59e-43eb-a0aa-f236589f7e92", "node_type": null, "metadata": {"page_label": "253", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "865c16b9037c84f7c704e59325ea3fdb9af66f1345f96c372fdc1198faa75360"}}, "hash": "865c16b9037c84f7c704e59325ea3fdb9af66f1345f96c372fdc1198faa75360", "text": "AGM Notice-2021-22ANNEXURE-I\nBrief\tresume\tof\tDirector\t seeking\tAppointment/Re-appointment\t at\tthe\tAnnual\tGeneral\t Meeting\t pursuant\t to\tRegulation\t 36(3)\tof\t\nthe\tSEBI\t(Listing\tObligations\tand\tDisclosure\tRequirements)\tRegulations,\t2015.\nName of the Director Neel Jay Davar\nDate of Birth 16/08/1997\nAge 24\nDate\tof\tAppointment/Reappointment 06/08/2021\nRelationship \twith\tDirectors\tand\tKey\tManagerial\tPersonnel Grandson\tof\tShri\tD\tN\tDavar,\tChairman\tand\tNon-Executive\tDirector\t\nSon\tof\tShri\tJayant\tDavar,\tCo-Chairman\t &\tManaging\t Director\tand\t\nSmt.\tMonica \tDavar,\tNon-Executive\tDirector\nQualification(s) B\tS\tIndustrial\t Engineering\t and\tOperations\t from\tthe\tUniversity\t of\t\nCalifornia,\tBerkeley.\nExpertise\tin\tspecific\tFunctional\tArea Software Development and prototyping\nBoard Membership of listed Companies Nil\nCommittees\tof\tthe\tBoard\t(Sandhar\tTechnologies\tLimited) Nil\nNumber of Shares held in the Company as on June 30, 2022 15,55,995\t\tEquity\tShares", "start_char_idx": 0, "end_char_idx": 945, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}, "0de9a9c0-f321-4e42-b512-106a265c7c28": {"__data__": {"id_": "0de9a9c0-f321-4e42-b512-106a265c7c28", "embedding": null, "metadata": {"page_label": "254", "file_name": "Sandhar tech 2023 annual report.pdf"}, "excluded_embed_metadata_keys": [], "excluded_llm_metadata_keys": [], "relationships": {"1": {"node_id": "947fa44b-5e53-4ecd-86f4-e6dbe410c8d6", "node_type": null, "metadata": {"page_label": "254", "file_name": "Sandhar tech 2023 annual report.pdf"}, "hash": "383e4b661abd1278169c474b2038032624fb5fb964e9a3ab6c38de0f0334adc3"}}, "hash": "383e4b661abd1278169c474b2038032624fb5fb964e9a3ab6c38de0f0334adc3", "text": "Sandhar Technologies Limited\nB-6/20 L.S.C. Safdarjung Enclave, New Delhi-110029\nCIN: L74999DL1987PLC029553\nwww.sandhar.co.in\nDesigned by: Art Hill Advertising | www.arthillad.com", "start_char_idx": 0, "end_char_idx": 178, "text_template": "{metadata_str}\n\n{content}", "metadata_template": "{key}: {value}", "metadata_seperator": "\n"}, "__type__": "1"}}, "docstore/ref_doc_info": {"acac6aca-512a-46f4-9004-b3391a0b06cc": {"node_ids": ["f397758f-74e2-4dd7-bd78-1d7676ac3a86"], "metadata": {"page_label": "3", "file_name": "2022-alphabet-annual-report.pdf"}}, "4459d70e-92fb-4e96-9544-9130a931c70d": {"node_ids": ["f06e7b36-1c51-4e30-94b4-2bf596d9df66"], "metadata": {"page_label": "4", "file_name": "2022-alphabet-annual-report.pdf"}}, "986477d3-141a-4507-ac9c-d1493b9b07ab": {"node_ids": ["9b1ab043-d860-48b3-89a1-7faba52f193d"], "metadata": {"page_label": "5", "file_name": "2022-alphabet-annual-report.pdf"}}, "f45052dc-a8c0-408e-8dbb-b2ff84189ea9": {"node_ids": ["7f5620ac-d077-486d-9c9f-18d86827531a"], "metadata": {"page_label": "6", "file_name": "2022-alphabet-annual-report.pdf"}}, "521a1a8e-053d-4676-8453-689b4419db31": {"node_ids": ["586a0ddd-8c18-4b81-9cd0-e20cf1005734"], "metadata": {"page_label": "7", "file_name": "2022-alphabet-annual-report.pdf"}}, "306908be-f639-4c40-96bd-481b1b9b6071": {"node_ids": ["11b8357a-b62f-4a0c-961f-b5f97e68f82f"], "metadata": {"page_label": "8", "file_name": "2022-alphabet-annual-report.pdf"}}, "5f08ffb7-62df-49dc-be20-a2812aff36ba": {"node_ids": ["9419c830-891e-4646-b416-34a898e708eb"], "metadata": {"page_label": "9", "file_name": "2022-alphabet-annual-report.pdf"}}, "4ec11fe8-a690-4225-9c2e-f25a45b1848e": {"node_ids": ["0cddb59d-0a5f-43d6-89a4-04988adab9d2"], "metadata": {"page_label": "10", "file_name": "2022-alphabet-annual-report.pdf"}}, "1d5158f0-67bd-481d-bc7b-710264ea3244": {"node_ids": ["abbd2b8a-8efe-4432-9f92-78b1ccea1895"], "metadata": {"page_label": "11", "file_name": "2022-alphabet-annual-report.pdf"}}, "02cd64e5-9227-48fd-bc37-222e94364eae": {"node_ids": ["e474051b-3938-42d3-a8dd-1e621f5f11d2"], "metadata": {"page_label": "12", "file_name": "2022-alphabet-annual-report.pdf"}}, "b39e9b4f-27ca-42b3-bea4-24407808f5ea": {"node_ids": ["d20e0e02-a7c8-46d9-b8ef-f398640e1bb7"], "metadata": {"page_label": "13", "file_name": "2022-alphabet-annual-report.pdf"}}, "03c2605c-686f-4f7d-9a3e-11609f3e78ef": {"node_ids": ["439d9a37-df03-48f3-b142-15108d3bb740"], "metadata": {"page_label": "14", "file_name": "2022-alphabet-annual-report.pdf"}}, "3391c1b0-e488-44c4-ab47-e9c78bf1c97f": {"node_ids": ["a87c8b20-9c9b-4e11-a72d-259c51c848ac"], "metadata": {"page_label": "15", "file_name": "2022-alphabet-annual-report.pdf"}}, "deef860f-2bae-4868-a886-d8667922d01c": {"node_ids": ["129eef69-16fe-45ba-855c-8cb4558bf9f5"], "metadata": {"page_label": "16", "file_name": "2022-alphabet-annual-report.pdf"}}, "cad99992-271f-49cf-b2c9-1d62f2557864": {"node_ids": ["66f05c4a-cede-4593-9443-5ba29e5c9181"], "metadata": {"page_label": "17", "file_name": "2022-alphabet-annual-report.pdf"}}, "2af0d11e-1392-4960-b4fa-f25857ba2066": {"node_ids": ["6bbbdeb6-8585-464d-b590-43837a445571"], "metadata": {"page_label": "18", "file_name": "2022-alphabet-annual-report.pdf"}}, "ab7f27ad-dcd8-4eca-91fa-662641649608": {"node_ids": ["ab18cb70-a59d-4868-8dbd-d8c5ccdfd52b"], "metadata": {"page_label": "19", "file_name": "2022-alphabet-annual-report.pdf"}}, "cb9b6936-4b4f-4fad-a6d4-6102c9a08c3f": {"node_ids": ["f1fb2b50-af77-4494-8ffb-6fc7f238614c"], "metadata": {"page_label": "20", "file_name": "2022-alphabet-annual-report.pdf"}}, "e4a57a76-a2f6-475b-b8e9-8570750b8c85": {"node_ids": ["5d5732b1-bdc1-4dfe-b125-048cec298dbc"], "metadata": {"page_label": "21", "file_name": "2022-alphabet-annual-report.pdf"}}, "38ec6cff-f199-498c-b94b-70a8c11515aa": {"node_ids": ["914b3d44-e667-4f22-aca5-f742f44f75f0"], "metadata": {"page_label": "22", "file_name": "2022-alphabet-annual-report.pdf"}}, "1ffac8cb-c15b-4664-bc82-dda10bc674a3": {"node_ids": ["4ccaf3cf-4f6d-4a6d-88a9-8d59dce188d0"], "metadata": {"page_label": "23", "file_name": "2022-alphabet-annual-report.pdf"}}, "ebaf9942-9e7e-43fd-8607-57b55b9f2e55": {"node_ids": ["b221e1f4-6410-4284-aa7e-4cae2369c33c"], "metadata": {"page_label": "24", "file_name": "2022-alphabet-annual-report.pdf"}}, "5ab6dd71-8cc8-4c5a-a30f-419aa8c4d49e": {"node_ids": ["8bba7fa5-32d4-4bf2-b2be-faef6a7a5a94"], "metadata": {"page_label": "25", "file_name": "2022-alphabet-annual-report.pdf"}}, "36d52a37-b503-4825-acc8-d0677d4d2f34": {"node_ids": ["8e24dc03-0e0e-4845-9b66-8daceb74ec0e"], "metadata": {"page_label": "26", "file_name": "2022-alphabet-annual-report.pdf"}}, "24539908-8bf6-4c32-9e4c-5bc6c322a7f5": {"node_ids": ["97dd37cd-b492-48ff-9113-6b9726660ad0"], "metadata": {"page_label": "27", "file_name": "2022-alphabet-annual-report.pdf"}}, "0dd7816d-8a84-43af-b962-edbe4c314e8c": {"node_ids": ["8c37bd30-e44a-41bf-b56e-6e65bfc88474"], "metadata": {"page_label": "28", "file_name": "2022-alphabet-annual-report.pdf"}}, "c9e10d62-eee6-40d3-a9f9-f397d5f665f8": {"node_ids": ["280c3edd-5f97-486f-85e5-9d750e901edc"], "metadata": {"page_label": "29", "file_name": "2022-alphabet-annual-report.pdf"}}, "939cff89-2e19-4528-9913-e65642d2d25c": {"node_ids": ["455a4513-77c4-4a1f-97a0-1a6eee9060d6"], "metadata": {"page_label": "30", "file_name": "2022-alphabet-annual-report.pdf"}}, "29b5623b-6adf-4a64-9ec6-966e7af1479a": {"node_ids": ["ca144630-662b-4764-ba22-3b2b216af538"], "metadata": {"page_label": "31", "file_name": "2022-alphabet-annual-report.pdf"}}, "a0b032fa-b5ae-40db-81a0-29a89f7c05d4": {"node_ids": ["7dc7d5ba-ddd7-40d7-8348-76756cb94ddd"], "metadata": {"page_label": "32", "file_name": "2022-alphabet-annual-report.pdf"}}, "6fb3ad1c-8d79-4cf3-a90f-0c1dbc94c9a8": {"node_ids": ["d63bdc46-9210-41d9-8346-e84120f75c87"], "metadata": {"page_label": "33", "file_name": "2022-alphabet-annual-report.pdf"}}, "3891cd6e-0244-4b82-9688-ebfb115abc42": {"node_ids": ["5eb767fb-c8f1-40a6-82f1-0ed44337167e"], "metadata": {"page_label": "34", "file_name": "2022-alphabet-annual-report.pdf"}}, "ae1fc008-487d-47ac-92d7-870baf7449d7": {"node_ids": ["6005a262-fb13-4a93-b863-ac24e0624a5a", "275d66af-806d-492e-844f-405bb83c721a"], "metadata": {"page_label": "35", "file_name": "2022-alphabet-annual-report.pdf"}}, "5f1a4171-890b-44a3-a6fe-884c100faead": {"node_ids": ["d8c63fb1-5b23-4501-81ed-4797b0857bf5"], "metadata": {"page_label": "36", "file_name": "2022-alphabet-annual-report.pdf"}}, "af5a1392-d157-4ff7-a93b-a02eb8efe68a": {"node_ids": ["3dd5b1e6-cde2-43b5-8852-f090063a2899"], "metadata": {"page_label": "37", "file_name": "2022-alphabet-annual-report.pdf"}}, "e806e471-9e38-451d-a74d-b0f542df5ec4": {"node_ids": ["48b8b6f7-0ffd-42f7-bb89-692bcdd3e91b", "6310f673-5609-4165-9b73-6c1131235621"], "metadata": {"page_label": "38", "file_name": "2022-alphabet-annual-report.pdf"}}, "e46e4f40-9edc-4c5c-877e-3b1dd05a374b": {"node_ids": ["38bf0bb4-d6da-4124-95ed-e4d4e0ff86ad", "f27e16e3-a74b-40a3-aa46-255fc510b6d5"], "metadata": {"page_label": "39", "file_name": "2022-alphabet-annual-report.pdf"}}, "8db2fd86-be2b-4f44-a294-59480870a440": {"node_ids": ["fb6436b5-7d09-4984-bbcd-5eb9918407d6", "ccf31de9-face-45d7-b8a4-1c99a0de64ef"], "metadata": {"page_label": "40", "file_name": "2022-alphabet-annual-report.pdf"}}, "37d7af97-8f2a-4a43-9bd3-25cddbbfa140": {"node_ids": ["b6c5b04b-602c-4286-900b-9922da52ac19"], "metadata": {"page_label": "41", "file_name": "2022-alphabet-annual-report.pdf"}}, "e304a855-da02-4bd7-8585-0dbf9a4ad74d": {"node_ids": ["61f862cd-d690-44e2-ad87-cd76f90a1ec0", "f351c8e1-a325-4ea2-8a10-f3381624ae72"], "metadata": {"page_label": "42", "file_name": "2022-alphabet-annual-report.pdf"}}, "ae5909d5-1347-4758-9524-e37c4eecd6ca": {"node_ids": ["ebb1dd16-c846-4e6e-b9a7-644ab8cb682b", "4820fd69-4b9e-4d23-a20a-43c8d5c3b7ea"], "metadata": {"page_label": "43", "file_name": "2022-alphabet-annual-report.pdf"}}, "1422f60f-aed1-4167-8f6f-81f030a4659a": {"node_ids": ["f0a16fe3-b772-4ad8-ad6d-0ef6ce093940", "9b8d8595-3418-48d1-820b-84906955aad7"], "metadata": {"page_label": "44", "file_name": "2022-alphabet-annual-report.pdf"}}, "5e3484aa-f344-4f1d-80be-9b1dfa13ba6d": {"node_ids": ["6e2bf959-4471-4d79-b0c3-68f98e598a3e", "affbce68-c62c-4f90-a078-e161a09b26f7"], "metadata": {"page_label": "45", "file_name": "2022-alphabet-annual-report.pdf"}}, "df08bb1c-a89f-4262-8a59-006fd29a29f5": {"node_ids": ["045ac638-9274-406a-bcff-cf7d936a13e0", "40bf818e-17d2-48c2-b3eb-07f5abca701f"], "metadata": {"page_label": "46", "file_name": "2022-alphabet-annual-report.pdf"}}, "9dc6538b-cfe1-4852-a829-e4dc9950546c": {"node_ids": ["cd39217a-274f-4ebf-85b4-e1c1ed5cbc52", "501b5442-04a3-4b9c-8845-aac37ba618a1"], "metadata": {"page_label": "47", "file_name": "2022-alphabet-annual-report.pdf"}}, "cc370dc1-8c28-4eab-8ca6-fa65bb69a863": {"node_ids": ["c71725c7-bfa4-44e5-90ec-bef23868aa36", "36e36ff8-d6cf-4302-8031-d7d3c6b5e150"], "metadata": {"page_label": "48", "file_name": "2022-alphabet-annual-report.pdf"}}, "33950d5a-aa80-4004-b079-f8e4d18215be": {"node_ids": ["f2b3d6c0-6671-480a-985b-124f90094a47", "f3bf1135-374b-4e9b-a5a1-5340e807f392"], "metadata": {"page_label": "49", "file_name": "2022-alphabet-annual-report.pdf"}}, "ed9c4490-8860-4bd7-aa0a-d0613191a84a": {"node_ids": ["98829b85-5ce7-490d-a7b5-e7029b77c64e", "e708f0fe-b5d7-49ac-937e-bccfb1c34c22"], "metadata": {"page_label": "50", "file_name": "2022-alphabet-annual-report.pdf"}}, "588d17bc-178b-418f-ada2-bc166e4c9195": {"node_ids": ["d4f4cb04-bf72-408b-95ad-f19dc3310b7e", "6d1ab6c7-ff47-4f9e-8dfe-4ad157104033"], "metadata": {"page_label": "51", "file_name": "2022-alphabet-annual-report.pdf"}}, "3a075b6d-ca23-423a-bb1d-d57c374809d2": {"node_ids": ["18f6f3be-5385-4831-828c-5dfa88926438", "40614201-d2ee-459b-a566-37fa59d2f41b"], "metadata": {"page_label": "52", "file_name": "2022-alphabet-annual-report.pdf"}}, "31e1f748-aaaf-429b-9d4a-3dc462fcc50b": {"node_ids": ["3152b49e-5ae5-4063-819f-3e59f346574c", "92c79e6b-5e7d-4180-90fa-b27d98202f5a"], "metadata": {"page_label": "53", "file_name": "2022-alphabet-annual-report.pdf"}}, "210cd3b0-1e81-4200-86c4-eec5b2fdf1dc": {"node_ids": ["20de1c8e-d083-4e59-8435-3bc785e39bb9", "4929adec-fb85-4eaf-8e08-d6256d960940"], "metadata": {"page_label": "54", "file_name": "2022-alphabet-annual-report.pdf"}}, "9c2b4e5f-7099-4ec8-b7c7-2b41fd116e6a": {"node_ids": ["ff7005ab-052f-4de4-9f63-cece4309f5d7", "17b5b428-af32-47c5-96cf-34b946349279"], "metadata": {"page_label": "55", "file_name": "2022-alphabet-annual-report.pdf"}}, "612f61ab-238f-4d9c-ba42-ad6091940625": {"node_ids": ["c66de54d-7fb0-4570-9c8c-0e8a72bdaea6"], "metadata": {"page_label": "56", "file_name": "2022-alphabet-annual-report.pdf"}}, "578d173b-5798-4340-a3e6-574cc2768df8": {"node_ids": ["c3e3424b-c13c-4928-8cca-4fcba4ab9d32"], "metadata": {"page_label": "57", "file_name": "2022-alphabet-annual-report.pdf"}}, "2946c7fc-2184-4972-b866-f97593d55841": {"node_ids": ["2f798006-dcef-4f8c-9001-0cd443feffbb"], "metadata": {"page_label": "58", "file_name": "2022-alphabet-annual-report.pdf"}}, "8a899f5e-b5a6-4a78-8e2f-db870cbee2de": {"node_ids": ["c5fe8889-7389-4907-8b83-51466d6b7d68"], "metadata": {"page_label": "59", "file_name": "2022-alphabet-annual-report.pdf"}}, "4705907d-e082-4799-aa3b-e21a1f4ef8ed": {"node_ids": ["06bd4db0-07ec-4cf6-bfa2-0958d94f105b"], "metadata": {"page_label": "60", "file_name": "2022-alphabet-annual-report.pdf"}}, "10747407-8453-41f0-92e4-a7fe0ce604b1": {"node_ids": ["a90f39d9-048b-4dd3-8fc4-b79ab50fcdf6", "84a0d9ba-583b-44ec-847c-5561e50a23e5"], "metadata": {"page_label": "61", "file_name": "2022-alphabet-annual-report.pdf"}}, "e6a65fb7-0b15-4313-bf2d-7574c117bb54": {"node_ids": ["e9c6156b-d343-4187-bd3c-dc7da81223d1", "e92b4eba-2b90-49a6-8e98-4e141c0977a4"], "metadata": {"page_label": "62", "file_name": "2022-alphabet-annual-report.pdf"}}, "a35a2c32-98d6-4f52-bf11-d8ebd42cf366": {"node_ids": ["683d7265-aa1d-4511-9b77-5b5e937c5e84"], "metadata": {"page_label": "63", "file_name": "2022-alphabet-annual-report.pdf"}}, "1cee0cd4-f992-40ba-ad0a-99c1960d1f9a": {"node_ids": ["5e8dc244-cf38-46f5-bd8f-ff14e02022c1"], "metadata": {"page_label": "64", "file_name": "2022-alphabet-annual-report.pdf"}}, "10babb4f-6c9b-4d45-abfa-d0851847e2ea": {"node_ids": ["ce984d41-de52-42db-8edd-7f426a09daa0", "d4b84549-ed2b-43b5-abd2-a6008bf368c6"], "metadata": {"page_label": "65", "file_name": "2022-alphabet-annual-report.pdf"}}, "e9d550ba-9d49-43a9-a825-c1df87070c42": {"node_ids": ["2b67b43f-88e9-4f06-b217-4fe21bc3af80"], "metadata": {"page_label": "66", "file_name": "2022-alphabet-annual-report.pdf"}}, "b6131e26-39e3-40ec-950a-5d8df0bb66f4": {"node_ids": ["a8f3d25c-f650-480e-94c5-049a3fa0dc5b"], "metadata": {"page_label": "67", "file_name": "2022-alphabet-annual-report.pdf"}}, "2b93ac92-99e5-49d6-b621-18e8398b4c34": {"node_ids": ["0e88f3a4-8aaa-46b5-a20d-19f99c82280d"], "metadata": {"page_label": "68", "file_name": "2022-alphabet-annual-report.pdf"}}, "d7196f9f-034f-446c-9e14-8ffe6c8a4640": {"node_ids": ["6c087e1c-cae5-449d-ba78-28ea096e0ef1"], "metadata": {"page_label": "69", "file_name": "2022-alphabet-annual-report.pdf"}}, "947c2300-65a1-4adf-aadf-b5b16f7393f8": {"node_ids": ["3d628788-6c1a-47c9-a98c-94980847087e"], "metadata": {"page_label": "70", "file_name": "2022-alphabet-annual-report.pdf"}}, "360f3365-e541-4075-9090-dbdac6a76cee": {"node_ids": ["653cd6ad-9b48-4640-ae19-cdb92d3bafb8"], "metadata": {"page_label": "71", "file_name": "2022-alphabet-annual-report.pdf"}}, "d5ad60ff-564e-4d32-ae36-38408bd00e9a": {"node_ids": ["41f23264-3038-4ac8-b3d7-1e58ae43dd64", "3af0f7de-f92a-4ed7-b72c-65c6893c33ac"], "metadata": {"page_label": "72", "file_name": "2022-alphabet-annual-report.pdf"}}, "d5a85302-a5e0-4068-a7f3-f7221c72b2d7": {"node_ids": ["ecaa262e-538d-41bd-b576-9e311def6061", "cfb3f958-a97c-46e1-b80f-19c96e9a4a1d"], "metadata": {"page_label": "73", "file_name": "2022-alphabet-annual-report.pdf"}}, "c04ab342-1ff3-48f0-84e5-aed425d44597": {"node_ids": ["5f265d66-ca65-4ff4-8ff0-177be27dae5b", "40e42784-183a-4ee2-95d3-5af6c29cd958"], "metadata": {"page_label": "74", "file_name": "2022-alphabet-annual-report.pdf"}}, "c2021f43-9b6f-4671-a6c1-0ac0ab3e0cb4": {"node_ids": ["0935ba78-5ecc-4087-a642-ca1b50b409eb"], "metadata": {"page_label": "75", "file_name": "2022-alphabet-annual-report.pdf"}}, "88accf94-342d-4a90-bbc9-bb7f1712659e": {"node_ids": ["a1834b50-29ce-4ce4-91d6-d09e7258ad62", "7421827e-bf54-43f8-b00e-91115bb94d86"], "metadata": {"page_label": "76", "file_name": "2022-alphabet-annual-report.pdf"}}, "e011a64c-de58-4bf5-8afa-0d01b19ba3d9": {"node_ids": ["0bfe0be6-5671-4c06-adc6-ac22a7f39ca5", "1b1a96b2-5a27-4267-80a2-732eb749210a"], "metadata": {"page_label": "77", "file_name": "2022-alphabet-annual-report.pdf"}}, "6a24e0ec-3999-40f3-a210-96c9021512b0": {"node_ids": ["adbd0139-1b66-44bc-86fb-341078540f37"], "metadata": {"page_label": "78", "file_name": "2022-alphabet-annual-report.pdf"}}, "981a4537-a55d-44d3-8cd0-980e2c92c06e": {"node_ids": ["4b5dc28c-007b-4b9c-a535-839b07a71fa2"], "metadata": {"page_label": "79", "file_name": "2022-alphabet-annual-report.pdf"}}, "bbe5ed53-ce53-4623-b49e-31cef9d8272f": {"node_ids": ["75248ead-bef3-4272-b3db-6f9181322fc7"], "metadata": {"page_label": "80", "file_name": "2022-alphabet-annual-report.pdf"}}, "819ade15-5d64-4e44-8c5e-e4a086539b98": {"node_ids": ["d61dcbb4-1c5f-49f3-925d-16d564240efe"], "metadata": {"page_label": "81", "file_name": "2022-alphabet-annual-report.pdf"}}, "02eac51a-31d4-443d-accb-f1d1fd7e0370": {"node_ids": ["94eb1e95-b897-47a2-a3a6-184a281fdfe4"], "metadata": {"page_label": "82", "file_name": "2022-alphabet-annual-report.pdf"}}, "005bdf71-939e-4f33-bd55-32af4dedd364": {"node_ids": ["d3f501fa-7885-4478-acd5-d90679622757"], "metadata": {"page_label": "83", "file_name": "2022-alphabet-annual-report.pdf"}}, "63e5bf4e-b93e-44d1-9847-fba946c3d4da": {"node_ids": ["d7bbea99-db10-440b-ae37-9dbde0f4506c"], "metadata": {"page_label": "84", "file_name": "2022-alphabet-annual-report.pdf"}}, "51b813c0-14d7-46c8-8e80-c92cfa81152d": {"node_ids": ["ad6f556b-25b4-475c-9de5-cd8efdf186eb"], "metadata": {"page_label": "85", "file_name": "2022-alphabet-annual-report.pdf"}}, "03ce5caa-7256-4c78-9993-ea35c777f5e7": {"node_ids": ["d07ba649-ade1-420e-a7f5-56c6878b7c46"], "metadata": {"page_label": "86", "file_name": "2022-alphabet-annual-report.pdf"}}, "02b47f68-907e-4f5c-9e35-21cc4770ac74": {"node_ids": ["1b3ef88d-6750-409e-b9b5-e7255e031f37"], "metadata": {"page_label": "87", "file_name": "2022-alphabet-annual-report.pdf"}}, "ec5593b7-c3b8-412d-8a7f-2cfb62a2faf3": {"node_ids": ["ca9f4f15-695b-41be-b3f1-0dba2783f8d1"], "metadata": {"page_label": "88", "file_name": "2022-alphabet-annual-report.pdf"}}, "28a82910-12b2-4bcc-b709-21f3d7231338": {"node_ids": ["75127d7d-72cf-4da6-9aad-291631c7026f"], "metadata": {"page_label": "89", "file_name": "2022-alphabet-annual-report.pdf"}}, "3c601d33-fffc-4403-9aa8-9f1b110acaeb": {"node_ids": ["94cebcb5-2195-4a8f-9160-b568e5da4d12", "8dadd8e7-003c-439b-a908-6a8eaf241d5e"], "metadata": {"page_label": "90", "file_name": "2022-alphabet-annual-report.pdf"}}, "8417c1a5-8da6-435f-9599-c8bccb94a1a0": {"node_ids": ["3a93d56a-3659-4404-8197-7d7b68d452ca", "a8335a83-db33-44cc-a635-986a7c390384"], "metadata": {"page_label": "91", "file_name": "2022-alphabet-annual-report.pdf"}}, "c4554840-6815-44e3-8766-adb80460fa2b": {"node_ids": ["51e9d250-8ea5-4d7b-bd5e-a425b80299e0", "ab78a87d-3188-45e0-a525-c3f0edcfecba"], "metadata": {"page_label": "92", "file_name": "2022-alphabet-annual-report.pdf"}}, "90d98772-4870-4417-9c7c-4bf50533d6e9": {"node_ids": ["a37d2ec4-03bd-45e2-92c0-153cf94ceb0b"], "metadata": {"page_label": "93", "file_name": "2022-alphabet-annual-report.pdf"}}, "a75887ab-f65f-4772-8ca3-e0858b075797": {"node_ids": ["64dc8d76-a01a-4d19-b9f6-b79aafce2f5a"], "metadata": {"page_label": "94", "file_name": "2022-alphabet-annual-report.pdf"}}, "65131bb6-5379-443c-ab7f-d7a3ca3255d1": {"node_ids": ["a2129b9f-405b-4341-924b-26be3a281439"], "metadata": {"page_label": "95", "file_name": "2022-alphabet-annual-report.pdf"}}, "740bc662-8870-4426-b240-5c50d68c913b": {"node_ids": ["7129c119-b6a6-4829-b2f8-8ee6be6fefbb"], "metadata": {"page_label": "96", "file_name": "2022-alphabet-annual-report.pdf"}}, "0a6d186e-789d-4d3d-b8cd-a06fb0632505": {"node_ids": ["17f54d2c-c402-48ca-af1e-353238a5e83f"], "metadata": {"page_label": "97", "file_name": "2022-alphabet-annual-report.pdf"}}, "3034d23a-4bcd-4cd0-8b93-032bb39a2109": {"node_ids": ["2be7723e-e957-4f77-a057-5c89fd22ea4c", "662f746d-db40-48d7-ac83-9f5a1715fc6b"], "metadata": {"page_label": "98", "file_name": "2022-alphabet-annual-report.pdf"}}, "d1d5aac7-eba0-4262-8aa6-c973d02dc925": {"node_ids": ["f6e76057-77dd-45e8-a451-c0e4da1b0e7d", "1bb67309-82f5-4cc8-9962-0acd7a0b44fa"], "metadata": {"page_label": "99", "file_name": "2022-alphabet-annual-report.pdf"}}, "4ce3f313-f32c-48f0-9969-cf6bd9fcfcb4": {"node_ids": ["cffa8176-8b06-4c96-9159-00a8deeffbf1"], "metadata": {"page_label": "100", "file_name": "2022-alphabet-annual-report.pdf"}}, "9634ada7-a4e0-4166-9a1b-866884cd6a91": {"node_ids": ["1a5cd1cb-fa91-4d2c-9362-66bb345f9295"], "metadata": {"page_label": "101", "file_name": "2022-alphabet-annual-report.pdf"}}, "fc9fbd0c-2859-43c5-87ee-ecf430034c48": {"node_ids": ["b273fc16-0f0e-4703-be6a-ba4019310424"], "metadata": {"page_label": "102", "file_name": "2022-alphabet-annual-report.pdf"}}, "a897dc3d-9f96-42b7-bea3-470158678db1": {"node_ids": ["b020ea2e-5685-45cd-81d8-2ce6e1a87edd"], "metadata": {"page_label": "103", "file_name": "2022-alphabet-annual-report.pdf"}}, "f45876ee-dac2-4ecb-a20b-2e4b838b96f5": {"node_ids": ["262d5f00-a810-4f7d-86d5-71d08dda72dd"], "metadata": {"page_label": "104", "file_name": "2022-alphabet-annual-report.pdf"}}, "2f5d326a-515c-415d-9350-7bcddde4a774": {"node_ids": ["2c5fb01d-a761-45d5-bf0e-a88b9063f518"], "metadata": {"page_label": "105", "file_name": "2022-alphabet-annual-report.pdf"}}, "729eac02-7f9d-4a4c-b3b4-ed4919d16782": {"node_ids": ["42cc1271-9a55-4ada-bc7c-e23a682ce677"], "metadata": {"page_label": "106", "file_name": "2022-alphabet-annual-report.pdf"}}, "600f26f1-16b5-4d26-bb38-1544f3a171e4": {"node_ids": ["e01ed03d-baaf-48bb-bfdd-2ab9b940ea42"], "metadata": {"page_label": "107", "file_name": "2022-alphabet-annual-report.pdf"}}, "ef51289e-5719-44be-93c3-51b795ad249e": {"node_ids": ["8a961696-9b18-46ba-8361-d749d6a62e4f"], "metadata": {"page_label": "108", "file_name": "2022-alphabet-annual-report.pdf"}}, "3151ba61-d6af-4de5-9252-b03bdf635a7a": {"node_ids": ["66dc147c-ccc7-419d-a656-968c22ee72bd"], "metadata": {"page_label": "109", "file_name": "2022-alphabet-annual-report.pdf"}}, "a15af5bd-ce17-4768-a3f4-2f9f1479452d": {"node_ids": ["cc4da445-1411-436d-a120-3ee01c490aed", "a8db40fc-e025-4e0b-92b5-d8319a2ecf23"], "metadata": {"page_label": "110", "file_name": "2022-alphabet-annual-report.pdf"}}, "019b4a78-b6c6-4a94-b4cb-aca25c12955e": {"node_ids": ["e3fefdc9-5da7-426c-ba10-1fd599205ef8", "9794344c-fb34-4cba-8578-e3e84091ed15"], "metadata": {"page_label": "111", "file_name": "2022-alphabet-annual-report.pdf"}}, "8f16ef1a-6022-45b9-896b-7406ef982987": {"node_ids": ["fee73744-c969-4eed-b3e5-7798097a8bbe"], "metadata": {"page_label": "112", "file_name": "2022-alphabet-annual-report.pdf"}}, "93de6ff5-4055-4c50-9e4d-c6ada9cad57c": {"node_ids": ["3700d97f-5c92-4f6c-9876-d43dc39c51d1"], "metadata": {"page_label": "113", "file_name": "2022-alphabet-annual-report.pdf"}}, "bd4b84b2-4472-4b0d-a9a8-bf71119ad85e": {"node_ids": ["faa3243e-96eb-4267-8c1c-9c632a31766e"], "metadata": {"page_label": "114", "file_name": "2022-alphabet-annual-report.pdf"}}, "82fe8206-432c-4b12-9186-c97a1413a33e": {"node_ids": ["86ea6ce2-385c-4a47-8dd2-067e55379759"], "metadata": {"page_label": "115", "file_name": "2022-alphabet-annual-report.pdf"}}, "ac3a728a-aab2-4d92-85d5-63bcc77e0c0b": {"node_ids": ["02f22f7c-6b0c-49b5-b308-6b5eb808fe36"], "metadata": {"page_label": "116", "file_name": "2022-alphabet-annual-report.pdf"}}, "742acb83-d097-403e-bd71-babdf1ec7d50": {"node_ids": ["f35d7613-0cd3-43fa-a801-96e434e3ad18"], "metadata": {"page_label": "117", "file_name": "2022-alphabet-annual-report.pdf"}}, "9f367ee6-4dc0-4307-aaf7-756fadc3cf0d": {"node_ids": ["b0b457a6-55ab-4909-9697-2a33f217691b"], "metadata": {"page_label": "118", "file_name": "2022-alphabet-annual-report.pdf"}}, "132c5037-ed08-4ec6-b8b3-817cfaf50785": {"node_ids": ["8dc6b4bc-9945-42a5-9e06-c49496cba716"], "metadata": {"page_label": "119", "file_name": "2022-alphabet-annual-report.pdf"}}, "d91eb3b7-d193-4294-ab0c-602748c38566": {"node_ids": ["aa8c9d9f-3aa7-4781-a4e8-2c1b1f2d67af"], "metadata": {"page_label": "120", "file_name": "2022-alphabet-annual-report.pdf"}}, "3e9eb067-a29c-4e96-a9bf-37f437a472b1": {"node_ids": ["ef79d5f1-660e-4089-9ca9-239fb08d739c"], "metadata": {"page_label": "121", "file_name": "2022-alphabet-annual-report.pdf"}}, "e5a77205-126b-4dcd-831f-f1d3738082d5": {"node_ids": ["7a384cb7-5e1d-4568-bc83-bf2149619c97"], "metadata": {"page_label": "122", "file_name": "2022-alphabet-annual-report.pdf"}}, "81bb3cb8-2831-4dd5-8cdd-93d2ea347ef4": {"node_ids": ["7a9cae3d-57f5-4414-9f60-39329893d1b8"], "metadata": {"page_label": "123", "file_name": "2022-alphabet-annual-report.pdf"}}, "729b976d-19f1-4766-8dea-a07e9a660920": {"node_ids": ["f2d35fda-17de-4cdc-a974-0a8bc183789b"], "metadata": {"page_label": "124", "file_name": "2022-alphabet-annual-report.pdf"}}, "29f5a88b-e131-4d9f-903b-2903f88744f9": {"node_ids": ["5a34deb9-4b6a-4fc2-9945-e05070e9be8b", "666ef753-185f-4b8c-b1ee-7013a4c6e038"], "metadata": {"page_label": "125", "file_name": "2022-alphabet-annual-report.pdf"}}, "95a80495-0cdc-4f12-af87-507d66f26dc4": {"node_ids": ["b4cbd73d-c13f-4fd3-bc21-96392ff3f717"], "metadata": {"page_label": "126", "file_name": "2022-alphabet-annual-report.pdf"}}, "c3ba7d44-3e85-47d3-b206-eb9d8977432e": {"node_ids": ["84d0eef4-3182-4522-840e-5fcf90afd924"], "metadata": {"page_label": "127", "file_name": "2022-alphabet-annual-report.pdf"}}, "9dc47b0f-bd60-4f33-a580-e4f32b5056eb": {"node_ids": ["27f09784-4970-4428-8743-fd5cc473e101"], "metadata": {"page_label": "128", "file_name": "2022-alphabet-annual-report.pdf"}}, "9c0faee7-cad8-4322-be0f-2ce7f872d989": {"node_ids": ["5ea669b0-0679-43a6-a25f-35cb0ae714c3"], "metadata": {"page_label": "129", "file_name": "2022-alphabet-annual-report.pdf"}}, "c650a1a1-e732-4953-b6b5-a9bc952fd89a": {"node_ids": ["0df272da-1e0c-454c-bacf-a6fa790aec77"], "metadata": {"page_label": "131", "file_name": "2022-alphabet-annual-report.pdf"}}, "846d9650-0bfd-4192-be4d-c2c6ebee8eed": {"node_ids": ["d4c7a28b-c1ac-4209-b7ae-b9ef9b44cb51"], "metadata": {"page_label": "132", "file_name": "2022-alphabet-annual-report.pdf"}}, "77e0653d-b007-4532-bf65-4e158021ba93": {"node_ids": ["1ede1021-0c33-4b93-9a32-2b2182fc3939"], "metadata": {"page_label": "1", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "277831ac-52e4-427b-b981-e0527507f6f0": {"node_ids": ["6c181260-bf40-4d8a-9110-0bfdb9570779"], "metadata": {"page_label": "2", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "2364aefa-da4d-4241-a3e2-874ca913aa01": {"node_ids": ["5fa2fe4d-b37b-4f3c-affb-9f9779269603"], "metadata": {"page_label": "3", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "d55627cc-e8b0-4c3a-aa3f-fe2528a7440c": {"node_ids": ["dbb43c15-a292-4aca-86ca-98f2d7512bf6"], "metadata": {"page_label": "4", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "777d1990-d1b4-4953-a86b-ab37e51bae12": {"node_ids": ["175889d5-56d9-4ce8-bde9-02752dc22f2f"], "metadata": {"page_label": "5", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "eedb614b-71f3-46c2-8346-3e7269bab544": {"node_ids": ["5013fab1-3009-4769-a70e-586f961627c9"], "metadata": {"page_label": "6", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "9c365f4a-50d4-4f05-b110-a3cb5cd74e7b": {"node_ids": ["4d749afa-f519-420c-ad0d-cc92e4eac337"], "metadata": {"page_label": "7", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "78815b97-357e-40f2-b35f-de39bb50424b": {"node_ids": ["c6b7bcfe-7ed8-4902-a2ea-90af017ff566"], "metadata": {"page_label": "8", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "d8023a0d-1880-4681-a9a5-6bc24f5d7ce1": {"node_ids": ["09dfd177-8af8-4212-b08d-53a745dff112"], "metadata": {"page_label": "9", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "d8b3fa6c-dbc5-40bb-9c54-171908ed79ad": {"node_ids": ["fb02ef7d-2cca-41d9-9248-496df77b56c5"], "metadata": {"page_label": "10", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "e609533f-6b77-4d2b-bf39-8c24827cf532": {"node_ids": ["1678025a-8b98-43eb-9ce4-3ca366e1ac93"], "metadata": {"page_label": "11", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "d425a0d2-c12e-463c-b738-25c378841e55": {"node_ids": ["dc9469ac-88dc-49e0-b33f-07fdbb0dc973"], "metadata": {"page_label": "12", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "7d2441fb-e4b1-446d-a764-a8d688a4b857": {"node_ids": ["9fc6ef71-028d-456d-a544-7c1b7a05cdb6"], "metadata": {"page_label": "13", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "51cf4b2e-7585-4079-83f8-0656abf2ca3f": {"node_ids": ["ee140d5d-5961-4632-9bb0-be66521a43e9"], "metadata": {"page_label": "14", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "eae231d3-dd57-4c28-b3b2-cee42eb04f12": {"node_ids": ["75fe5019-9a11-42d3-a83b-a961428ec276"], "metadata": {"page_label": "15", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "39fdd2c0-cc81-4c78-9887-2217c589a586": {"node_ids": ["1a162852-189c-4bde-970b-e708f6cdd7ff"], "metadata": {"page_label": "16", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "ed31c326-3a68-44a1-8969-1df62145fb94": {"node_ids": ["f7771e75-18e1-4c86-8c35-913732dd1b1a"], "metadata": {"page_label": "17", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "dffa299e-f822-4a0d-bb49-af8aa23cd8d8": {"node_ids": ["14f1973b-242b-4c09-8666-53fc9c0ff8e8", "6095b1d0-6e78-4e98-abf8-c14dff7cbdd1"], "metadata": {"page_label": "18", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "269649a0-9ae3-46b5-accb-4afb47895f80": {"node_ids": ["3d79ecbd-214d-4e2a-9654-b31777a45e2a"], "metadata": {"page_label": "19", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "601916a9-3ba9-4b8d-ba90-f6cb2d504f5a": {"node_ids": ["4d87b226-e1b5-4c48-a2e3-09c0550548eb"], "metadata": {"page_label": "20", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c3e658b5-ed5c-4fe5-8569-c7bd915263e8": {"node_ids": ["faeb5290-f9d8-4c4a-9da9-aa3516c4299f"], "metadata": {"page_label": "21", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "4cc246d1-0758-4c66-b16d-6c59a9ee2c0b": {"node_ids": ["f8855086-36c4-45f0-add3-6edbdc275ee9", "6cbf2f43-dd5c-437f-9c14-65823d7d22a5"], "metadata": {"page_label": "22", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "76ae8222-dd5a-408f-861d-69ea629e4947": {"node_ids": ["f4ffd198-b429-4a3b-b5de-508f283a6525", "d887e502-18cb-4478-bb9e-6cedfd3093db"], "metadata": {"page_label": "23", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "0643b679-cde9-4b8e-81ad-ceeb327b51fe": {"node_ids": ["d5d584b9-6f54-4a40-9f6a-cae3e708fdc5", "97632893-f642-4ebd-84e9-1bb4cf7cac01"], "metadata": {"page_label": "24", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "8d163538-510f-4785-bfcf-756fb61a3535": {"node_ids": ["f5af443e-483f-4afc-a380-cecf6053b8fc", "bd6a3b0a-fbaf-48f5-aa12-6d66c214b88d"], "metadata": {"page_label": "25", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "756034c0-97a2-40f4-85b5-0c49b02a2252": {"node_ids": ["bef68b0b-8da1-44e5-9e55-0089fd1eeb64", "a33a2358-74d3-42cf-9362-9f0960b0b231"], "metadata": {"page_label": "26", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "510db95b-8ef5-4c7d-9efc-c134dcf0c16d": {"node_ids": ["1289bb7a-788d-45c6-b863-558f712a8349", "7438c5f7-3a09-4d55-a63a-6bfbfe236a73"], "metadata": {"page_label": "27", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "4dd32be8-825f-45f1-92d1-b0097b08a194": {"node_ids": ["55f9dd40-3cc2-4cd5-b949-051db4b292ed", "40e623fe-a5d2-4bf9-93a5-7608c7bca943"], "metadata": {"page_label": "28", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "06444c1a-f185-4ca5-9f2b-cf4518702587": {"node_ids": ["ac54e3bb-e1a7-42db-8ae1-b858e3fc5cbb", "e606c1f9-bbf3-4ed2-92f8-463c761cc493"], "metadata": {"page_label": "29", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "df6a3958-15a4-4294-a925-0c749c8aa4d2": {"node_ids": ["bb3adc52-08a7-4afa-ac7e-559c90029d2b", "53e398f2-20f0-4590-82f2-7f1097c9ac35"], "metadata": {"page_label": "30", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "5a749d99-55ab-4b29-b3c3-08570e1036e0": {"node_ids": ["3ee00df2-0355-4ba0-bd1f-70ef366d2f92", "ded3477a-5c1f-4be8-882f-8653da901f6e"], "metadata": {"page_label": "31", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "440fc9b8-9b67-47bd-aa3e-04d6cb406e6f": {"node_ids": ["a4618811-4929-4fcd-bd7d-25d773190d22"], "metadata": {"page_label": "32", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "38df1169-5faf-496e-96ad-0fddf5a7d7fe": {"node_ids": ["07e32f4c-3bc6-49b6-b8fc-accccee8d910", "c2280ec0-45df-4c53-8d27-573f1cd4a8bc"], "metadata": {"page_label": "33", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "95ff6648-4c32-449f-8b7d-91a58ad65d2a": {"node_ids": ["e2554e0b-55cd-41d4-8f15-44cf429d664b", "01ec22d3-fedc-44f7-b0a1-6fb230ce5ac5"], "metadata": {"page_label": "34", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "9a0f5749-9d3f-4def-8b39-27008f580126": {"node_ids": ["fa8295f1-715c-4b08-844b-32baaaa7210f", "50b49a88-6c0e-4667-86e2-4e111feb5db3"], "metadata": {"page_label": "35", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "40bfed5b-69c7-4faf-aa39-d4c82c39d2e2": {"node_ids": ["89e94079-4eb2-4870-ab89-acf7726d8b63"], "metadata": {"page_label": "36", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "efafb914-69f7-49f6-a377-339bd41b51ce": {"node_ids": ["70412860-d589-44c6-b7d4-b9b9f0e15520"], "metadata": {"page_label": "37", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "526f4b21-a1d3-477e-a764-0c3110f0bd38": {"node_ids": ["749a54bd-c84b-4e77-bdf1-99fd0dcf2b8a"], "metadata": {"page_label": "38", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "20a59b21-797b-4406-b57f-bb92a9a39d04": {"node_ids": ["0c7c600b-b066-4a95-a5e9-19c462a71fd0"], "metadata": {"page_label": "39", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "146569f8-e850-4ff2-8974-c8f98b63d45b": {"node_ids": ["bc698653-584a-42b9-bc73-b184b0ac122b"], "metadata": {"page_label": "40", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "dbec3e18-2260-4b53-a2fb-a95d10014661": {"node_ids": ["0f29fd34-c251-4ea4-a397-8a60e22e46f1", "f7f43675-226e-40a5-a47f-e87d4e56d304"], "metadata": {"page_label": "41", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c09b0cb0-414a-4652-b933-160078dad9c7": {"node_ids": ["9f08f129-b1e7-416a-9026-f03bfd60ff7f"], "metadata": {"page_label": "42", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "f0e31e23-d312-43f5-90b5-b2e3696ed45d": {"node_ids": ["29659599-7357-480c-ad6b-17016ad4e9a1"], "metadata": {"page_label": "43", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "079ea064-d989-48fe-86a5-d2241cbd0628": {"node_ids": ["ab6c47f5-6315-4947-a0b0-b35e26eb23b1"], "metadata": {"page_label": "44", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "9a6904e1-864c-460b-821e-2bc005523ce5": {"node_ids": ["b1249e9b-44ae-4a82-8445-c389fbb75674", "e1f82b08-e469-44e0-98ea-cdfe8fbc8177"], "metadata": {"page_label": "45", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "b05d42e2-0a5c-4e1d-80ad-037a6b46fbe1": {"node_ids": ["3f7550a2-a29e-42b8-b72d-cfd8f6467a12", "97af8ca5-f3f5-4de9-b6e5-d8ffb635a6dc"], "metadata": {"page_label": "46", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "7391437d-5b67-4f11-b8ce-870facc7b0a5": {"node_ids": ["9b35a9b6-7865-41fe-9830-67da3551e2cc"], "metadata": {"page_label": "47", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "4aeae544-47a1-4970-80f8-bdbd5b8925b9": {"node_ids": ["7bc6a008-f4ea-4497-b8c9-0186eb047ba6"], "metadata": {"page_label": "48", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "64e30324-5404-4247-bf3f-c683247d6f52": {"node_ids": ["56c66a91-bf63-44d7-9034-53a046fcc90b", "6c674a20-6a2f-4375-8fbb-e0026ebb5a18"], "metadata": {"page_label": "49", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "3cd3fa1f-265b-45e7-824b-c5169408b28d": {"node_ids": ["d21f8c27-c226-401a-93a7-006b950642a0", "c95c1057-1c6f-4fcf-816c-a55623605f88"], "metadata": {"page_label": "50", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "807d987b-5ffc-4809-9078-f63887ad4340": {"node_ids": ["682b77c7-1ae2-4155-8c26-8df960693b76", "6ba48a85-d9ca-4780-b726-7c495c737e94"], "metadata": {"page_label": "51", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "74934cc8-744c-42b0-a799-67bab44228d3": {"node_ids": ["d62c1edf-37b0-42ea-bbe6-df6f7fb24902", "67ec758a-1fff-45b3-a634-d84d4b2fee5a"], "metadata": {"page_label": "52", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "a088930b-e218-4739-bdb9-2fa930b4d15f": {"node_ids": ["2d4aeef4-8078-4c51-a9b2-72527b1e8ffb", "edbe0a32-da96-484f-a327-5e601df32705"], "metadata": {"page_label": "53", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "2052eee6-071e-40a2-bb09-01edd8c03301": {"node_ids": ["5d270bf4-e968-4269-8709-28a26195eace"], "metadata": {"page_label": "54", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "5499a76c-37af-4c73-a247-d575d640da40": {"node_ids": ["29453de2-a880-4596-b5ed-b8317f50d8fd", "e0501a42-c5f5-4fab-a377-e0973219ac98"], "metadata": {"page_label": "55", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "39074473-6a19-4f40-ae32-2bc93bd73b21": {"node_ids": ["bb2932dd-0c1e-47ee-a2dd-6111f7e6b78e"], "metadata": {"page_label": "56", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "4af9ec57-470a-4281-b2b1-e747482c440e": {"node_ids": ["47d1fdd9-6b2d-4e8b-a947-0f35095c70bf", "23710fcd-47e2-4e68-919e-75530bb51a9b"], "metadata": {"page_label": "57", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "61270805-062d-42e8-9c56-e1c033685693": {"node_ids": ["52dab237-9369-4e8d-8ca2-f7feaab163c8", "44062cbd-ef0a-40ee-9430-a3febbd89f90"], "metadata": {"page_label": "58", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "d441d3c0-5d0d-4b86-a636-81ce500b8a39": {"node_ids": ["b9caa984-d753-4bd8-b0d7-e44ee9aaf28d", "ea567955-abac-4757-83d9-626c1e22e79f"], "metadata": {"page_label": "59", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c760d013-a161-4ff5-85a9-7ffef79a5180": {"node_ids": ["38c01885-47e6-4031-988a-4a0ba3bfb4b9"], "metadata": {"page_label": "60", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c63c45e0-acfb-40e0-83f2-562864f41ef6": {"node_ids": ["3d07f142-5734-4444-9632-9285f108d42f", "cb69bc76-e223-408b-8fd9-95951193d0c2"], "metadata": {"page_label": "61", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "d60d4f98-5bca-499c-beb0-4417ce67abdc": {"node_ids": ["2fa17c2c-34fb-4927-9857-1f2e23cd3152"], "metadata": {"page_label": "62", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "a0e3f0c3-65ab-47a2-90b2-9078c9068d83": {"node_ids": ["a8c37bcd-8d9b-4d7a-98c3-1147c4dacd9b"], "metadata": {"page_label": "63", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "09094804-f415-436b-ae18-eab7e6d91ae2": {"node_ids": ["51e3bb7e-6126-4f3a-87ad-29198a8972de"], "metadata": {"page_label": "64", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c4fd0aab-d210-4368-ad5f-e5f8a6cd4d1b": {"node_ids": ["4dc69ddb-84f0-42ee-9620-f3a2a9d153a8"], "metadata": {"page_label": "65", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "3abad1db-363d-49bb-b8ff-98d6ab25e20d": {"node_ids": ["847bdf8f-083e-4173-9500-80ef2565a66e"], "metadata": {"page_label": "66", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "59fcf392-9477-4ec6-ba46-13f82e112d46": {"node_ids": ["120df09f-9c42-4230-a74d-efe60a5d300a"], "metadata": {"page_label": "67", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "58401e4c-e697-44c2-93f5-70288b8e9b68": {"node_ids": ["7f2ef83d-c687-4d98-8794-d8149fec0642", "9610a9a5-249e-458e-81b1-1db5ae6c0624"], "metadata": {"page_label": "68", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "10b21ee5-9e1d-4605-96d2-0a2913687c7c": {"node_ids": ["4cec6e5a-8a80-436e-9288-7bc03434c61e"], "metadata": {"page_label": "69", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "856f746d-0acb-40dd-a15c-3f7c12ace251": {"node_ids": ["69fb0aaf-ce15-40ba-b270-5b08f930a0d1"], "metadata": {"page_label": "70", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "4a0157ed-5cb2-4956-ab71-f2866a740260": {"node_ids": ["98e71d3d-3d75-4d42-b90f-612dce186497"], "metadata": {"page_label": "71", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "64a90cfa-20c4-467b-8627-ca85af5864cf": {"node_ids": ["9803e0e6-9be5-4afb-8333-7d21e0ae351d"], "metadata": {"page_label": "72", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "1b15e4c5-85a0-420d-822e-c81b90060a48": {"node_ids": ["4e300131-2669-4088-bcf6-ee860030d476", "9925ccff-0e8d-4e68-9d84-79c518b39db4"], "metadata": {"page_label": "73", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c118f8fa-48d4-4e6e-a980-d60e0afedd82": {"node_ids": ["2c174572-d662-4164-99a1-7c527903d0f9", "4328933f-ffac-4b13-b5a6-d487b807cc93"], "metadata": {"page_label": "74", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "ec6df8e4-081a-466d-bd6c-1b9529b52834": {"node_ids": ["0ba33961-defb-40ed-a97a-461a06856ff8"], "metadata": {"page_label": "75", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "b102a2e7-f85d-4bcd-8a8c-dd84da2591a2": {"node_ids": ["aa546083-63a6-4bde-b344-69113f00c2de", "d05a859f-f973-4791-b129-972305a96cfc"], "metadata": {"page_label": "76", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "673d5043-999d-4297-b41d-d5ce73628173": {"node_ids": ["f91be6d8-69d6-492b-b8e9-dcff4a4bb4a5", "0da1d0ed-5b27-4d18-96e7-6c37f95dd0ec"], "metadata": {"page_label": "77", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "e4906ba4-20da-451f-9e70-7b1b0848d67f": {"node_ids": ["b13e3b23-e8ab-4c80-b5be-0d2d6098a784"], "metadata": {"page_label": "78", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "8b31196e-b038-4265-894c-e1c165b2009d": {"node_ids": ["38d980da-0f13-422d-957e-488214aa782c", "f8276eaf-e861-4909-bbaf-11bf7a2a0a9d"], "metadata": {"page_label": "79", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "fdae92d3-4687-4981-879a-927252e81e79": {"node_ids": ["81e19dab-e662-4ec9-a1bd-bce527de72f6", "7535fca2-6f06-46fa-a1d4-0ca35cde5380"], "metadata": {"page_label": "80", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "40441d6a-816f-4e5a-b310-ec889758ed71": {"node_ids": ["43c38bbc-eb0c-4e66-9319-9fda39d64772", "c5482bbc-fba5-4c7d-84ac-f70bf5594246"], "metadata": {"page_label": "81", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "0d505c0e-77d2-4e91-a19e-5665506c06cf": {"node_ids": ["dc8324c6-9e2d-4765-9a5f-8f88d7d2af37", "cd2a53d3-f04b-45da-884a-7ef383763df6"], "metadata": {"page_label": "82", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "0900a391-6889-4f22-8370-b9c6a76b31ac": {"node_ids": ["ab1b36bd-7a48-44c2-a5e3-ca19c6e05d7d", "9b68ee92-f2c5-4962-b7c3-a37650a2d3d1"], "metadata": {"page_label": "83", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "ed27ac4d-8624-482a-91ad-d7a72d372d2b": {"node_ids": ["d37f88ac-2640-4494-b231-592702aeee4c", "9f5b241e-f8d0-4dc5-8204-9d82376be319"], "metadata": {"page_label": "84", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "d8a6490d-2d75-4e0e-af4c-6558859125ac": {"node_ids": ["34a8d4dc-2395-4b8e-af52-d07005f3d475", "7d2cb294-1aa8-4639-837a-eb221b92adc2"], "metadata": {"page_label": "85", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "b45723a4-e962-4ffb-8e83-2ea2edb847a9": {"node_ids": ["0bac1242-e90c-4674-bc9e-75a0d2a6777a", "92d85e07-111e-4cf4-9841-d5111c0c6cb3"], "metadata": {"page_label": "86", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "72bf768b-0b6a-4a67-8851-993452b8724c": {"node_ids": ["be8085d8-63a5-4a7f-9e8c-6a1fe735c4c6", "69fea787-c5f6-461c-8be4-8c02748bd672"], "metadata": {"page_label": "87", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "80ce3e21-326d-4dbf-84b6-da9cd749b384": {"node_ids": ["9d4a1516-6dfd-4978-8eb2-26d34d86729d"], "metadata": {"page_label": "88", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "8329ddc4-79c1-4163-af4b-19376e7d5f53": {"node_ids": ["da742688-4ef7-45cf-af7d-f1d7e2ae59a3", "e9151880-6066-40af-bd02-5c8e8eb09436"], "metadata": {"page_label": "89", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "2bff2a55-38a1-43b0-bcbd-b31aa3a0f3b2": {"node_ids": ["81f18b40-4c5e-4131-8942-12fc722c6d75", "c3d7ada9-719e-4d3d-b653-5d0d02251d58"], "metadata": {"page_label": "90", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "9fc9f4f7-fffe-46fd-9e24-4b212dc03da3": {"node_ids": ["d0db9a2f-b523-492b-93a3-4b3571db9bfb"], "metadata": {"page_label": "91", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "733494c8-3e6d-4925-91c4-e63c04664bb3": {"node_ids": ["ef8d6c65-0e05-4a3e-b666-d0d01814c3df"], "metadata": {"page_label": "92", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "deaea770-aaf3-4ea7-bdda-86b1c8f20852": {"node_ids": ["105d8851-5538-4833-92b8-b237fbfba3a6", "76f81364-da48-4396-a8b7-d667763ebbe8"], "metadata": {"page_label": "93", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c1762f5b-264f-49b7-957d-391a89385ee4": {"node_ids": ["e542c353-30b3-4599-9671-01c729ab8d15"], "metadata": {"page_label": "94", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "53a631ef-f609-4156-8d20-c93a365724c7": {"node_ids": ["7259a0d4-69c9-47b2-8da9-21e68b925c51", "1340e976-9169-4a25-a056-af69b81f859a"], "metadata": {"page_label": "95", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "4ae8b78b-3a05-419a-bd98-df988ae2eb01": {"node_ids": ["791b9916-6410-4f12-ae05-f211743833f5", "7e30092d-bab1-41e5-82b8-490806c44ade"], "metadata": {"page_label": "96", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "4833e2a5-773b-4a32-8930-c6647a771a82": {"node_ids": ["ecc45485-0f9c-4dc3-a71e-da81be4d172f", "90893120-658e-45f3-8721-5a215699bbdb"], "metadata": {"page_label": "97", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "acc01b76-37a9-4316-96c0-8df25b9605a1": {"node_ids": ["375b0332-db4d-40f7-b802-70c33e41ceed", "ddd03903-eeb9-43c8-b40e-fa604aef9ef8"], "metadata": {"page_label": "98", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "ad9ba7f3-c732-4865-b7d3-b46c060bc2bb": {"node_ids": ["75fc6611-3bcc-4bca-abe3-4e3b38654e8c", "8ffdee46-267f-4a74-8db1-92b5c5e68f0d"], "metadata": {"page_label": "99", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "daa1d1e1-5300-4630-b379-91606dd0ec35": {"node_ids": ["31888a3a-abc1-474e-9542-dc613a53f971", "8c4b5f50-7758-4b66-b4ec-58c26860c34f"], "metadata": {"page_label": "100", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "9401d4f0-4d2d-4014-80dc-870e737a67f0": {"node_ids": ["b54d6aa9-b3e8-40d8-9e87-6548c8c346a6", "f738b9de-f0a3-4c6a-96df-64de73bdce39"], "metadata": {"page_label": "101", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "6d3849fc-440b-4ee0-b14a-15ce7336554e": {"node_ids": ["bae6113c-db7c-4fd6-840e-204e488371c0", "ed8179a5-1c7e-43d0-bc2e-bd6113ddcfc1"], "metadata": {"page_label": "102", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "bf5d7320-5e95-4b65-8fc5-bbcda6081dd4": {"node_ids": ["d618a7ab-73c3-49dc-a479-dcae40a88075", "e39a285d-502d-436c-956c-b380c4d329d0"], "metadata": {"page_label": "103", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "0f7ee13c-35c0-4b39-8eb3-2e4d1db352b3": {"node_ids": ["a6e20f71-7153-4ad0-9865-0362faa257be", "41e3cb20-f409-4b57-8fa0-8e33807086cd"], "metadata": {"page_label": "104", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "42b8d7c1-9c78-4a27-a028-936015c8675e": {"node_ids": ["570ede75-fa06-4a44-9034-9d78ca7c0b98", "4a6b2049-e822-4caa-967d-e8ed3d75a4a9"], "metadata": {"page_label": "105", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "4f841ef2-aafe-4cd7-8f16-6d34f053c782": {"node_ids": ["c5309c91-236b-48c1-b58c-cacaaef1c4ad", "41a4662d-9a65-49a0-9dba-690cfbd4d7ca"], "metadata": {"page_label": "106", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "e70af14a-439b-4180-87d1-4eaa23f9b975": {"node_ids": ["6ebb1f6e-033a-46e9-bd54-c95dc827b948", "c939d733-668f-4ca1-9fe7-73d82741a433"], "metadata": {"page_label": "107", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "f3b21d54-e43e-47e3-b189-edcd9d42e0a0": {"node_ids": ["d0004e12-c718-4bd4-93e2-269518ae9821", "02f2b551-e960-4691-8387-25fd271bc9c2"], "metadata": {"page_label": "108", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "6e2276a8-1ee6-4748-9273-676f1b3f65a6": {"node_ids": ["b0313779-121e-4f09-ad29-9b1af37122c8", "f7dd90f3-d3a3-4f87-a455-db879d980fc6"], "metadata": {"page_label": "109", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "67429b4e-8b75-4113-811f-ba10a57530c4": {"node_ids": ["6b7c1a0b-0c2f-44b8-81a9-8536cda8caaa"], "metadata": {"page_label": "110", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "80f8b8b6-066a-4053-9cfa-2a6b8eea4b1b": {"node_ids": ["033a3cc2-35e7-4c4f-9815-7e8eece4d01b", "9459b968-395e-4b0d-83f6-643e5f04feae"], "metadata": {"page_label": "111", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "b73adad6-9744-40e8-97cc-0333ea68495d": {"node_ids": ["ba87d566-843b-49df-9ab7-33672654df92", "6a81a541-0397-4bab-bcd1-aeaef7e1db2e"], "metadata": {"page_label": "112", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "6ced4fdd-5067-4613-804e-488fc2ed5f72": {"node_ids": ["68edb908-55b3-41a9-867a-88d8b8e8dc9d", "eac53963-2fe7-43c5-99ce-ccb04f45b2eb"], "metadata": {"page_label": "113", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c435c08b-48f3-4334-bd07-acedbdd17c4a": {"node_ids": ["ad171728-3af4-4bee-bb4e-5f21b2196cfb", "90b198a7-90c6-47fa-8f7d-ba08fbddd4db"], "metadata": {"page_label": "114", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "da1d71be-5188-4d59-88de-deb7711fb7f9": {"node_ids": ["de0e2bd6-3c44-4bf6-82dd-9a0ea4d4a3b6", "1318c83d-f255-4a1f-acfd-dfac3fc716a8"], "metadata": {"page_label": "115", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "84365ac3-7dc9-4155-8b76-eb8eb2c7f2fa": {"node_ids": ["f662ab74-495e-41e6-891e-fbbe660c2e49"], "metadata": {"page_label": "116", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "cd1b9879-f085-45eb-b6ac-53caf27febd5": {"node_ids": ["a21a145c-210e-4775-aa46-00fe0612d3b9"], "metadata": {"page_label": "117", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "6cd31fc7-61ec-4a00-bae7-175d7e82c686": {"node_ids": ["3b2da868-b0f0-4e21-bdde-f5cb919f403e"], "metadata": {"page_label": "118", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "70e6ebea-56d4-4d69-8800-147e09a5d529": {"node_ids": ["75c3570c-be12-432f-bc0a-813a9f196d5a", "c6ec467c-e3b6-44b6-88e7-d2094742193e"], "metadata": {"page_label": "119", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "01ba9af9-d4c2-4b42-ae2b-fcf0f4f73062": {"node_ids": ["57159532-8360-4c73-b81a-6b9954074271"], "metadata": {"page_label": "120", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "204929e2-6529-4b6d-8cb4-e8e26cb4e0ce": {"node_ids": ["d08a3617-b303-4be8-b0a1-cbe806f681b1", "11b2c65c-6513-424e-9e08-cc8dbec7a654"], "metadata": {"page_label": "121", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "ef89e158-090e-4ec0-a292-5a2a576a7778": {"node_ids": ["ce255c81-ba57-4cf8-aab3-397db8dfd6e7"], "metadata": {"page_label": "122", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "773cdb1f-f548-4cd3-a2b3-283b1aabeeaf": {"node_ids": ["840b8fc1-3538-4e00-9937-3a87958a893a"], "metadata": {"page_label": "123", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "9cdc3132-02d9-4a78-8c95-73a6fb26b8bd": {"node_ids": ["06473ede-cb69-4456-96cc-4c03ed1e19c3"], "metadata": {"page_label": "124", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "8cc90aac-cda6-46a5-b6d7-683c6492cf3d": {"node_ids": ["10d32d59-21f4-4180-bd7c-647c6b153ee4"], "metadata": {"page_label": "125", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "47c919f6-c038-431e-abc1-da5d1e137c9d": {"node_ids": ["abbfa3d3-4d0a-4a4e-a111-356e3908f01a"], "metadata": {"page_label": "126", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "bd690291-7cfd-49cf-9725-a86eb2193486": {"node_ids": ["53b4ffd3-e8a2-4b58-b824-14aed3ce7341"], "metadata": {"page_label": "127", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "2744dfe0-d35a-407a-b951-5da0b2bb4e2a": {"node_ids": ["d30931e6-2ca2-4dc3-aa3e-08c79bea362f"], "metadata": {"page_label": "128", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "e97c2417-7072-4a88-8698-397cef1b683f": {"node_ids": ["caf6cf3f-9285-4db8-a369-bed8ae35bcf0"], "metadata": {"page_label": "129", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "cca73d70-3102-4829-a115-11cbc996b652": {"node_ids": ["1c296ee2-d869-43d4-8a15-88d9c091f495"], "metadata": {"page_label": "130", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "f8858028-4f07-4ce4-be0d-545b6a664489": {"node_ids": ["a8b9686a-1eea-4689-a637-17238959ded2"], "metadata": {"page_label": "131", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c889e5f4-2d6e-436a-af38-2443c62787c2": {"node_ids": ["ddd37475-e2f3-4fdc-81c6-23a6dcf61fb0"], "metadata": {"page_label": "132", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "335c6713-618e-49a5-9ef8-7dcf07da55ef": {"node_ids": ["7087e870-ba7e-40bd-9c4d-dddeca721650", "96e26c1e-0196-405b-9d62-93fa9629fad8"], "metadata": {"page_label": "133", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "1587c2cc-9d98-4c4f-a206-80145a3d50cc": {"node_ids": ["fafbffbc-1941-446c-8f9e-9f307baaba95"], "metadata": {"page_label": "134", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "366a74d0-ecf0-4d87-8cdf-9ef9990b70c5": {"node_ids": ["2acde77f-4820-431a-b1a6-c469aef954cb"], "metadata": {"page_label": "135", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "67058945-4619-4c18-b366-f205b41870a4": {"node_ids": ["777e64ce-0888-4c59-b270-0688b3107eff"], "metadata": {"page_label": "136", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "df9eaaf6-ff72-4952-b367-ab1be8543fa9": {"node_ids": ["0f9e616a-24eb-40ea-871d-96030e6be71c"], "metadata": {"page_label": "137", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "498c7346-078d-4d54-a8fa-65c883c673ee": {"node_ids": ["43a3ab95-52b8-47ea-918a-f8f80cdcde51"], "metadata": {"page_label": "138", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "ad803bf0-6fdc-4328-965b-ad565643005c": {"node_ids": ["f5107d82-33c8-4e58-90db-20c9081b01dc"], "metadata": {"page_label": "139", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c12c6ae4-33dc-4eb5-ae2a-219a18724d0d": {"node_ids": ["9d728203-0f27-4b2e-bb59-ebfb60eed87a"], "metadata": {"page_label": "140", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "130a4015-f002-4dff-a5db-f76ef6082701": {"node_ids": ["f00282b9-39d2-4ccb-b1eb-19283d7593cf"], "metadata": {"page_label": "141", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "ba4a4fbc-dd62-441f-a69f-65e5a5002faf": {"node_ids": ["9103e29c-4abd-499c-aae5-f14ba3aad14c"], "metadata": {"page_label": "142", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "6b2318d8-3c49-4eeb-8b3c-40c54e195be8": {"node_ids": ["aafbb58d-5fe6-4eaa-a57f-93b574c0e37a"], "metadata": {"page_label": "143", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "800519b2-a625-49fa-b383-1b87a5a088ae": {"node_ids": ["1e2e49ec-c3a7-40e4-8049-c893589f9801"], "metadata": {"page_label": "144", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "88df0f47-3b31-4145-9e83-a59401557b4c": {"node_ids": ["53aba50e-56b0-4c7a-8697-62669d167ea1"], "metadata": {"page_label": "145", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "79de5680-d050-4edd-afb4-1158d58a6572": {"node_ids": ["050806e5-55bb-47e1-94ee-c1a83e7bed53", "b0eae0ab-5523-4d9b-bfcf-8a42dee4bf9d"], "metadata": {"page_label": "146", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "a99cc17c-b156-4b15-802f-3d1e2a955c0f": {"node_ids": ["3f771a51-9b71-4ef1-8749-f6e9cef69e95"], "metadata": {"page_label": "147", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "fdd3ddb5-0ff5-475d-a4e2-49c7569d6db6": {"node_ids": ["44e39ca6-cf1c-4989-8d85-fb859e9e052c"], "metadata": {"page_label": "148", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "2d5a2d1f-3d48-4b3b-a23a-498da3ffce8e": {"node_ids": ["b42c706e-ac9e-4497-94c4-ced5cef60086"], "metadata": {"page_label": "149", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "213ce038-e50f-4f69-8d19-baa9708c6c9d": {"node_ids": ["bc755cd0-ae96-42cb-9a52-378d6a0cd947", "d0f2bdeb-9ded-47dd-91ff-3698d8ec6ad7"], "metadata": {"page_label": "150", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "df6f9068-cce7-4203-87f5-ab100ede6d24": {"node_ids": ["2f97c2d5-d11f-46ca-8b32-0137c89c8400"], "metadata": {"page_label": "151", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "4350706f-20da-4ac1-acdf-508f5216cadc": {"node_ids": ["538916f1-c9a4-4c3f-acd1-2b25de7a5ed6"], "metadata": {"page_label": "152", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "7fccde4d-6eff-4710-801e-48b3569b2079": {"node_ids": ["8199f42d-5e7b-4aa8-84a8-44ab47d47153"], "metadata": {"page_label": "153", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "1469b045-179a-4501-8fca-95f1e1e69cb7": {"node_ids": ["6b57d031-79ee-4bd7-8e0e-a803fbe70009"], "metadata": {"page_label": "154", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "2c8a40b9-3bcb-4455-ad2b-dce42ad2fa3c": {"node_ids": ["d52bfc28-14f4-4c04-bdee-bf6c505bdf69"], "metadata": {"page_label": "155", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "b6ddca05-47d8-4b70-8bf2-6afd157c6b5f": {"node_ids": ["f1ebd947-0808-4be3-b389-98a2ede9c10d", "82e83ad6-8e0f-48ce-a055-ac6a97745eb5"], "metadata": {"page_label": "156", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "16dd49d1-04fc-4171-b912-47d10f89d47c": {"node_ids": ["6578c514-ffa9-4a3f-aee8-0144cefa56b4", "127642cd-f666-4132-b7b3-1c7bb1f8c709"], "metadata": {"page_label": "157", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "7bbbdc10-0221-4dad-acc2-2ef81437b465": {"node_ids": ["cba980df-5574-47f9-826b-2987e7bc3486", "f7c705fa-15dd-4057-ad30-492c1bfb316c"], "metadata": {"page_label": "158", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "07938e21-6620-4967-a310-479f9aebb4ee": {"node_ids": ["ff5c2ba9-0964-480e-9dfe-1c75e7ad5757", "724ca77f-8071-4f81-9da4-ace12b3dccfe"], "metadata": {"page_label": "159", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "6bac1470-4391-4b6d-b2c1-e5a1f4d6cd82": {"node_ids": ["bba36398-e8e5-4503-8e3c-e7b4d47255e8"], "metadata": {"page_label": "160", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c6377d8d-21b8-4210-be11-510f8ffc8454": {"node_ids": ["404b09a0-57fc-496b-afc5-bbbcb4d8e29d", "9856fbce-b05d-4f33-9039-47c0354bb62a"], "metadata": {"page_label": "161", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "3376b325-9de8-4f05-b20a-237fb14a71d2": {"node_ids": ["b1c9e194-f0b2-47fa-9b98-3b214c72fd0a"], "metadata": {"page_label": "162", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c0553157-de24-4b4e-a491-f072f3d2c9b0": {"node_ids": ["8065d1d0-c3f9-4977-94cc-6f54885a99a3", "8c93daa8-38d2-45c2-9145-aa57ae1a9c2b"], "metadata": {"page_label": "163", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "e526672b-d351-4b85-b3fa-56a724532b76": {"node_ids": ["5876a1b1-9b24-4278-977d-11006650fca8", "0ae4760a-d2ec-4382-8158-91a446e91a6c"], "metadata": {"page_label": "164", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "b87f6bda-ada0-486a-8473-7ef53930753c": {"node_ids": ["197fcd4b-58c4-4604-8678-e5905e2c72ff", "7b2ee866-cfa8-4a99-b504-fffe261159a4"], "metadata": {"page_label": "165", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "a4e334a9-f115-4b3d-b77e-c165db3d8305": {"node_ids": ["5d3ddfbd-bdd3-4522-9b61-9f3452b774c6", "4715d751-842c-45cc-bbb1-61fccb41d1c4"], "metadata": {"page_label": "166", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c9d526e7-4a94-4fa8-bada-a34d91d0de4a": {"node_ids": ["77aee2d2-b50b-4446-8567-13f4aabc413b"], "metadata": {"page_label": "167", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c6642a62-1d49-4627-b380-cadada6d0c63": {"node_ids": ["67455a46-f26e-4289-9c0a-454aaa4d05b2", "5194c340-77be-4d1d-ba03-4609cdb9674a"], "metadata": {"page_label": "168", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "0944c603-8ccc-4e43-a93e-0acb21539815": {"node_ids": ["2b65e791-0f79-4a22-b6d3-035297779257", "32f41747-df83-413b-b8aa-3b3a27b2d81d"], "metadata": {"page_label": "169", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "bb9d1db4-440c-4cb0-8c4f-5b4715cb009f": {"node_ids": ["7f347b8b-3ee8-4a2d-b21a-05b74a8e05d9", "f3a2dbad-44ca-404e-ba8d-1fdb7cef7cc9"], "metadata": {"page_label": "170", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "3d112057-d9ce-4e84-a932-f66910ee463e": {"node_ids": ["a20f8ce8-1879-4416-bba0-52db685d53e0", "60fafe54-2a86-4da7-bdad-63e01b4fbc37"], "metadata": {"page_label": "171", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "80d799b0-bf03-4ef5-99d2-5c869e86d193": {"node_ids": ["0001c883-f853-4b17-b223-a862665f7fb7", "3971ca33-d4c8-46c3-b604-fb0670aa1edb"], "metadata": {"page_label": "172", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "287ca2da-17ad-47d7-949d-e7d880ec3f83": {"node_ids": ["6c5cf8e1-80b8-4314-97c0-47e64e60ec8a", "69e236ea-267e-4bc9-88db-83f8726b319e"], "metadata": {"page_label": "173", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "fe024188-e428-4c77-8056-b33f2f29e477": {"node_ids": ["69ffecf5-4ff6-49e0-b1a6-749f334af515", "e4b89bb2-ac11-4872-a763-14dec2ba1781"], "metadata": {"page_label": "174", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "87008b3a-52a4-4271-b78b-53b23e854536": {"node_ids": ["b873927d-bbd6-4959-a323-fc0e3ed52142", "8de4d54f-5e65-4e8f-a3dd-94909db02d13"], "metadata": {"page_label": "175", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "f6fb5fcb-272a-428d-846c-db28c7565281": {"node_ids": ["f8071ecc-827e-467a-bafe-350a4707692d", "f72b7d4f-45b8-418e-9d59-04a2fc4481fb"], "metadata": {"page_label": "176", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "124d394d-7e3a-4211-882a-f85daa34886d": {"node_ids": ["25f2186b-1f46-4962-8b02-b12d1697f45d", "e309ef65-76f3-4bb0-ade8-3f5af4421c3e"], "metadata": {"page_label": "177", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "7b6c9f65-9a05-4eeb-baf2-86a545a58634": {"node_ids": ["ed7a899f-973c-4fb6-b1e2-2c8352d01cf5", "0a3fc180-0e50-4994-a7b1-9b43b3dc74d6"], "metadata": {"page_label": "178", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "5b23fba8-044b-4e55-8d84-b5a800f35be4": {"node_ids": ["a6200705-2fc5-4132-9cbc-000e2608ca1a", "6f9fee97-9bbc-4cf4-bfbc-56261f4fc7b3"], "metadata": {"page_label": "179", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "96e4db15-835b-4890-8f9d-5ac5b26519c4": {"node_ids": ["18d5b0d8-b88e-441c-8716-ba1123e574fe", "8a23a2e7-1175-4b4f-a1c2-d7bf10ecbd77"], "metadata": {"page_label": "180", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c293b41f-eeae-4afd-a580-f6fb67438772": {"node_ids": ["6db42add-9316-4ba3-9890-475bb3aeed83", "7284cfea-9c19-4fcd-9e99-f753c6087407"], "metadata": {"page_label": "181", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "0a1300b5-83cc-43f7-802b-c34e6508f1ab": {"node_ids": ["d9eb8d50-295f-4e84-b4f0-4eb8cbe4a27e", "a858b7e8-b51c-4ec4-b3dc-fb5b5f8bef06"], "metadata": {"page_label": "182", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "bf099eb6-ab17-4456-90fd-1035d0aebd18": {"node_ids": ["3917a112-3993-4d64-9898-e9b7a729bef6", "26a9b39a-63d8-4545-8953-7d2c15b90f51"], "metadata": {"page_label": "183", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "d892090c-93f4-43e8-9d03-e9cf355d1c4f": {"node_ids": ["c968b943-7c83-4128-9338-046ac83802cf", "a3c30888-cc5d-4807-8882-4efcb270e9fb"], "metadata": {"page_label": "184", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "abe56c5f-214c-4bb1-bacc-e270a665489b": {"node_ids": ["69a8639f-1650-4e89-a5e1-5ed220bbe5f0", "6d0237fe-9c94-45fb-b8e6-e7b9a263ceda"], "metadata": {"page_label": "185", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "139ccb6f-d721-4034-b7de-3c5792fbf388": {"node_ids": ["dd488ddb-5b65-4985-bcfb-052d3b5654e6", "e4fcc618-2890-41da-aa70-2518976bf1dc"], "metadata": {"page_label": "186", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "e1c502e6-95f7-4e9b-b3d8-a4644086e6e7": {"node_ids": ["9e0d0fc9-8957-4f67-ba82-00ae01487f2d", "ecb1a782-eb28-4db8-b398-54cda318443a"], "metadata": {"page_label": "187", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "2a52d6db-8f94-48c1-aeb7-8229e38f0660": {"node_ids": ["52fce71f-bcb0-4dcd-8889-35a23613be6f"], "metadata": {"page_label": "188", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "cfba18a4-a06d-4c13-831c-552f814ebe67": {"node_ids": ["a2ee7c33-a653-48c3-aa52-617b7e714991"], "metadata": {"page_label": "189", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "41c83874-10f7-446e-ac59-6964eb35c7f3": {"node_ids": ["4ca7cc34-fb09-412b-8522-60bbe2ac5563", "c33d0d55-404a-4492-b54e-e9b2ddacaeb1"], "metadata": {"page_label": "190", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "de8884bb-3747-440a-b235-11e376f5ddf6": {"node_ids": ["4ecf96df-20de-4519-b097-de6ed63274c5", "43ce31a3-f6cf-4f4e-98c0-e3a9159d7996"], "metadata": {"page_label": "191", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "1a559473-d799-4a8b-a6e1-021f152e17c2": {"node_ids": ["996e1884-507c-4f5f-91e7-b36ef73d8a5c"], "metadata": {"page_label": "192", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "db87d87a-3fc0-4276-bede-956765fe028f": {"node_ids": ["2370ba82-e417-409b-81eb-1f903e819862", "21aa1058-4ac6-4050-9ab3-5a3363bf6c1f"], "metadata": {"page_label": "193", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c005ee29-1319-40a2-8070-7aedfe0e5dc1": {"node_ids": ["943c2f99-ac69-4298-b87f-e426be26f13b"], "metadata": {"page_label": "194", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "730edc92-2e77-482d-a70e-67e7059bcd92": {"node_ids": ["b67b08ba-661b-44b4-9942-8323b55f55ac"], "metadata": {"page_label": "195", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "057c6c6a-e92b-405c-a1fe-4a8d28dbbd0a": {"node_ids": ["70693818-d7ce-418d-821e-fa055fcc0571"], "metadata": {"page_label": "196", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "38636b13-24a2-4e71-b967-47b10b83b698": {"node_ids": ["69f8f866-ad92-4041-9bf8-c1204a3370c3", "5c80ca78-60ac-4460-95b6-24726f02f263"], "metadata": {"page_label": "197", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "9b9627a2-b0fc-49db-9634-06612f1aff47": {"node_ids": ["3e55aade-aff3-46e1-81cc-8ed7742ab218"], "metadata": {"page_label": "198", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "6ed93629-32ec-49e5-8bc6-223fd4effedd": {"node_ids": ["eeb8ecdb-45ff-44b0-b017-4b8318d76bf7", "0b1d0d14-b0f9-4c76-8d06-be09e0918bf5"], "metadata": {"page_label": "199", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "e0b673c9-dd82-4b4d-bd51-88ea83eb8a8f": {"node_ids": ["7bc1fa5c-1bc8-4432-862c-6268d7e337e9", "57403620-c06a-49d4-8239-942e109d5bcf"], "metadata": {"page_label": "200", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "675fa547-8255-40f7-9d1a-ba13ed9ec205": {"node_ids": ["ab2985d0-2486-4b89-ab21-8219bd479f85", "a14da47b-771c-47b4-ade1-d3978946e6e6"], "metadata": {"page_label": "201", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "95e1061d-46a4-4cf6-a304-62bc276b5eb8": {"node_ids": ["1b4b0c9d-d7bf-479e-8d06-d3ae9cd84cc6"], "metadata": {"page_label": "202", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "d7738946-c838-400a-b9db-b207e14b321f": {"node_ids": ["3b1ec20c-5e64-4cdd-b8e9-be0183470c0f"], "metadata": {"page_label": "203", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "01a8a9f6-f7b3-4aa9-9daa-4d6058b674a5": {"node_ids": ["42fcb1ee-41b4-4aa5-be07-a72fabee7255"], "metadata": {"page_label": "204", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c2f08250-3a27-4b50-913d-d2d09f4689f3": {"node_ids": ["3b3125e2-4fe7-4bfd-9ee5-e5f48ecf8e97"], "metadata": {"page_label": "205", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "5a4fd854-205a-4988-be00-7c16514e1190": {"node_ids": ["fd97855d-5688-46fb-8690-bdb1121c9f14"], "metadata": {"page_label": "206", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "4f72ea66-637c-41f4-aeac-78d67b040903": {"node_ids": ["1e8ae870-7af9-4b62-a856-aa3fd6a2e95b"], "metadata": {"page_label": "207", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "2c7abf5f-ea04-4574-b594-8d0496c02116": {"node_ids": ["5cbc1190-43cf-4eae-9520-903e66ec816b"], "metadata": {"page_label": "208", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "2fa88e77-8aa5-4c2e-a294-f9c75d7ea176": {"node_ids": ["d14fa2bb-eb55-4812-9cdc-a3227501f50c"], "metadata": {"page_label": "209", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "98ab8111-5df4-4081-aa1b-59a0dea15c34": {"node_ids": ["95b4b515-20de-4ff0-a105-bdd4a7b942c6"], "metadata": {"page_label": "210", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "18fd8459-2704-4224-8653-0dbb262a39f9": {"node_ids": ["c8d82544-4965-415e-94a7-eb1dfe7c5119", "9233f495-46ad-4466-a1ca-857b80449373"], "metadata": {"page_label": "211", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "4091dbd3-6e1a-4ab8-8dd0-471f583c9f1a": {"node_ids": ["fe1f7889-4f31-4ef5-b8ed-a6b8531f1b5a"], "metadata": {"page_label": "212", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "206a5e08-d2e8-4d8b-b4cf-36a51c277140": {"node_ids": ["55196320-9f56-49b1-bb99-603b8e186926"], "metadata": {"page_label": "213", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "32254a96-9273-4910-8902-a6a7db23598c": {"node_ids": ["1e88aa9c-c5dc-4b1c-b318-5aab46315f8a"], "metadata": {"page_label": "214", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "3a1a2c51-534c-4e70-a8e4-f1c170734f10": {"node_ids": ["25966cf0-ff81-4814-af5c-5fa504060f2e"], "metadata": {"page_label": "215", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "e9c19c57-bece-47cc-a550-2f78750f416b": {"node_ids": ["76bb7bf4-a0d0-4f09-9b3c-28644faa9cc7"], "metadata": {"page_label": "216", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "61d8b2c0-98b1-4424-8225-10a87812dc0c": {"node_ids": ["ee48eb6b-6fc9-4d09-b5d1-4d7b4ca22d88"], "metadata": {"page_label": "217", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "213f7727-c867-4c63-9535-a2c23d5cf3c7": {"node_ids": ["8b37f999-4dcf-43f7-9750-b040d4ae4c58"], "metadata": {"page_label": "218", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "f0d91fb5-a031-47f1-89b1-e374f944e826": {"node_ids": ["73548369-9163-4a6e-a656-e969c323426b", "ebd5e5fe-c53a-4ad2-a598-c6e2784d80e7"], "metadata": {"page_label": "219", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "8d188a4e-f759-4b6f-b3e3-22582dec17bc": {"node_ids": ["5ac36804-1779-4333-a81f-cc06946a5f9a"], "metadata": {"page_label": "220", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "05e8f456-7e5f-4e7f-8f6c-f54f1e4a4ade": {"node_ids": ["52281d91-2e12-409a-8f07-892fe70d5b6d"], "metadata": {"page_label": "221", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "f155c2e7-35f3-48fb-8dc8-ff33fa56a331": {"node_ids": ["37c445e3-c8c8-4fb2-b73a-86d9a91d9c06"], "metadata": {"page_label": "222", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "e217ce21-9115-4218-a3b4-c92b87c5a5d1": {"node_ids": ["03886520-8d27-43ed-b006-1b6ad892e72d"], "metadata": {"page_label": "223", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "1ee19e0c-be4d-4072-a01f-b8b20007d024": {"node_ids": ["50c40a4c-20c7-4689-89b6-1f61ba520e4a"], "metadata": {"page_label": "224", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "e9f14d14-bc97-42c6-b67b-de5501af7dc5": {"node_ids": ["af928625-a6c9-4696-8b40-ef5ee98e05dd", "12ad2efd-f306-4f46-a26d-a2a5cf1eec85"], "metadata": {"page_label": "225", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "dbd2ee5c-91ec-48c3-a0b2-82f3ba56d642": {"node_ids": ["5981a90d-1424-4d17-ad68-acffa96a43ab"], "metadata": {"page_label": "226", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "a647e60e-0a4f-44b6-a467-8c09c6773c35": {"node_ids": ["d2ebb684-04eb-4235-aea4-53bd0f1897a2"], "metadata": {"page_label": "227", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "56c057d3-f138-4806-a568-615ef7d26496": {"node_ids": ["d805cabc-991b-43bf-ac39-595b6cf2a24a"], "metadata": {"page_label": "228", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "571db4e3-e1ae-422c-b8d7-e8306b90e125": {"node_ids": ["c25fe176-bfa0-4828-9452-4faf57ffc082"], "metadata": {"page_label": "229", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "43b2ff31-9cbd-4b67-aefd-25e2e861e835": {"node_ids": ["4bce2bac-36b1-4071-aa92-a4ad78ba0c3a"], "metadata": {"page_label": "230", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "e0be5702-67e7-4ad8-ab4d-8174451bdb51": {"node_ids": ["d89ed549-cc22-4c80-a30a-433a0ece49ad"], "metadata": {"page_label": "231", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "06cbe005-9129-4484-86a8-bc9db30a433b": {"node_ids": ["4aec8888-7f2c-424f-b72d-c3cad778bc14"], "metadata": {"page_label": "232", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "672dc6cb-eb37-4426-bc18-8117e5888e03": {"node_ids": ["f6c9770f-ef62-4391-85f5-6236b682c812"], "metadata": {"page_label": "233", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "e87b4a9e-e334-4d62-95ca-df1aa17a8faa": {"node_ids": ["611f9f72-9f2e-470f-a57e-389ec7c64993"], "metadata": {"page_label": "234", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "21baaf96-42e7-4107-94a9-610696a45296": {"node_ids": ["127b55b5-52e0-4404-823a-841e4a113f5a"], "metadata": {"page_label": "235", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "e89a953f-4697-434b-a305-0f048574727d": {"node_ids": ["d6f90831-6f2d-42ac-90c0-11330d76b07e"], "metadata": {"page_label": "236", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "592765ce-4d96-4a5e-9051-33e12bed1c21": {"node_ids": ["93335f8a-2d60-46f5-8daa-1e5b83df2f6c"], "metadata": {"page_label": "237", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "b9e8632a-949f-4f0b-a5c5-1d4b74759149": {"node_ids": ["5342e136-5dde-46f9-a0ab-4ec26e8975df"], "metadata": {"page_label": "238", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "2fee5d25-e7d7-4b62-8677-fe91534476ca": {"node_ids": ["b68045bd-eed8-4649-9e35-97c1ef4d791e"], "metadata": {"page_label": "239", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "55a8cccd-b779-44a2-8407-60a45ffe8c70": {"node_ids": ["4831ecc2-931b-4658-9e0c-9d19b07f24ca"], "metadata": {"page_label": "240", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "7c25808c-0b18-4bb1-924a-08a8a8ada8cf": {"node_ids": ["6a7b5823-a931-4452-8563-f60842d707fa"], "metadata": {"page_label": "241", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "88ac38a4-bcb4-4575-b0ff-7e6c13c47bfb": {"node_ids": ["5f729e00-7137-43e6-afe7-9d5ea254e3b0"], "metadata": {"page_label": "242", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "2b1299d7-025a-4200-a25d-25582ac0be35": {"node_ids": ["f9d6de45-bfe0-40b2-8367-bea17b2f26b2"], "metadata": {"page_label": "243", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "8870639e-6caf-4c7f-a0ab-81ee0a2d2100": {"node_ids": ["7c814dec-0b85-434a-b318-578dbc518402", "9d4a7b04-b68d-47e4-abbd-43e544f88077"], "metadata": {"page_label": "244", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "8d9f20a6-be83-4963-a2a1-d342caa18f61": {"node_ids": ["02d3ea3a-3d3e-4979-9d7e-3b735702b32f", "9ffd8abf-9737-4dae-9e9e-5fea0996bbaf", "69fae818-c70f-42a5-832a-80be1e55fcec"], "metadata": {"page_label": "245", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "77cadd3e-e54e-4133-9c19-d6d281a9d784": {"node_ids": ["b5b3611e-1901-4b53-b807-7c20f0e80121", "d50c3097-7193-4a92-918b-1090dd501add", "c0020e1d-943e-4fc8-92eb-7a166052ec72"], "metadata": {"page_label": "246", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "7858a4ad-2727-450f-8973-3228ace41cf9": {"node_ids": ["ac610c01-c101-4ab7-87fd-280b11141b13", "d0d77f7a-f81d-4ba4-bc41-c147e639dab9", "0846d872-e685-427f-84e0-62acb77eacd9"], "metadata": {"page_label": "247", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "308426e2-7aad-40a7-bd34-01321a4651dd": {"node_ids": ["a1e8a336-bf3b-4b44-a2c7-b43f5a474ab3", "62a57144-bb68-48a1-a743-58ab7f217a07"], "metadata": {"page_label": "248", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "373c953e-41cb-4cc1-b359-308fef68a994": {"node_ids": ["9a5c374e-6c59-44fe-bba1-b334796cb500", "d3ac1389-6110-406a-ab1b-3d9fa4cff58c"], "metadata": {"page_label": "249", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "c983c817-b6c7-4de9-8eca-d75222ea0a63": {"node_ids": ["dc0cf980-5971-4f79-b3d2-eb5451458e7a", "b5bae532-657e-47d0-850f-3bcd6437247b"], "metadata": {"page_label": "250", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "99fdd3c9-7854-4da9-84be-d9b0faf82b05": {"node_ids": ["ed22e06f-3717-4847-a101-43bb149f585e", "46fcf718-a389-4c0c-9bc5-1b7f09a840ac"], "metadata": {"page_label": "251", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "0cdf267f-1732-4611-949e-6b1d09aadf24": {"node_ids": ["9bcfacc0-7777-4045-ad14-64a88007a301"], "metadata": {"page_label": "252", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "f0a93551-b59e-43eb-a0aa-f236589f7e92": {"node_ids": ["ae002b4e-948e-4358-b101-bfa5f9cc88db"], "metadata": {"page_label": "253", "file_name": "Sandhar tech 2023 annual report.pdf"}}, "947fa44b-5e53-4ecd-86f4-e6dbe410c8d6": {"node_ids": ["0de9a9c0-f321-4e42-b512-106a265c7c28"], "metadata": {"page_label": "254", "file_name": "Sandhar tech 2023 annual report.pdf"}}}}