Page 116 - Annual Report 2019-20

Notes forming part of the financial statements Notes forming part of the financial statements 115

( in crores) notes:
4 Property, Plant and Equipment and Capital Work-In-Progress ( in crores)
As at As at a) Assets given under lease included in Note 4 above are as under:
31 March 31 March PIDILITE ANNUAL REPORT 2019-20
st
st
2020 2019 As at As at
st
31 March 31 March
st
Carrying Amounts 2020 2019
Freehold Land 84.40 53.30
Carrying Amounts
Buildings 260.20 182.60
Freehold Land 13.79 13.79
Plant and Machinery 453.15 371.41
Buildings 22.29 21.27
Vehicles 5.06 5.62
Furniture and Fixtures 26.42 25.44 TOTAL 36.08 35.06
Office Equipment 32.01 29.25
861.24 667.62 Freehold Buildings ToTAL
Land
Capital Work-In-Progress* 247.64 229.08
Gross Carrying Amount
TOTAL 1,108.88 896.70
Balance as at 1 April 2018 13.79 26.12 39.91
st
*net of Impairment 55.19 crores ( 5.92 crores as at 31 March 2019) (refer note 38)
st
Additions - 1.29 1.29
Free- Buildings Plant and Vehicles Furniture Office ToTAL
hold Machinery and Equipment Disposals/ Adjustments - 0.79 0.79
Land Fixtures
Balance as at 31 March 2019 13.79 28.20 41.99
st
Gross Carrying Amount
Additions - 3.12 3.12
Balance as at 1 April 2018 53.27 250.35 974.27 19.18 72.35 101.85 1,471.27
st
Additions 0.03 12.19 77.24 0.65 2.88 14.45 107.44 Disposals/ Adjustments - - -
st
Disposals/ Adjustments - (0.66) (37.67) (1.15) (0.64) (5.34) (45.46) Balance as at 31 March 2020 13.79 31.32 45.11
st
Balance as at 31 March 2019 53.30 261.88 1,013.84 18.68 74.59 110.96 1,533.25
Additions 31.10 88.40 152.46 0.66 5.21 12.82 290.65 Accumulated Depreciation and Impairment
Disposals/ Adjustments - (2.74) (13.96) (0.20) (0.09) (0.06) (17.05) Balance as at 1 April 2018 - (5.87) (5.87)
st
Balance as at 31 March 2020 84.40 347.54 1,152.34 19.14 79.71 123.72 1,806.85 Disposals/ Adjustments - (0.10) (0.10)
st
Depreciation expense - (0.96) (0.96)
Accumulated Depreciation and Impairment
st
Balance as at 1 April 2018 - (71.68) (606.74) (12.99) (45.41) (77.83) (814.65) Balance as at 31 March 2019 - (6.93) (6.93)
st
Eliminated on disposal of assets - 0.04 28.10 1.08 0.51 4.78 34.51 Disposals/ Adjustments - - -
Depreciation expense - (7.64) (63.79) (1.15) (4.25) (8.66) (85.49) Depreciation expense - (2.10) (2.10)
Balance as at 31 March 2019 - (79.28) (642.43) (13.06) (49.15) (81.71) (865.63) Balance as at 31 March 2020 - (9.03) (9.03)
st
st
Eliminated on disposal of assets - 1.63 12.33 0.08 0.04 0.02 14.10
Depreciation expense - (9.69) (69.09) (1.10) (4.18) (10.02) (94.08) Net Carrying Amount
st
Balance as at 31 March 2020 - (87.34) (699.19) (14.08) (53.29) (91.71) (945.61)
Balance as at 1 April 2018 13.79 20.25 34.04
st
Net Carrying Amount Additions - 1.29 1.29
Balance as at 1 April 2018 53.27 178.67 367.53 6.19 26.94 24.02 656.62 Disposals/ Adjustments - 0.79 0.79
st
Additions 0.03 12.19 77.24 0.65 2.88 14.45 107.44 Depreciation expense - (0.96) (0.96)
Disposals/ Adjustments - (0.66) (63.79) (1.15) (0.64) (5.34) (45.46) Balance as at 31 March 2019 13.79 (0.10) 35.06
(37.67)
Depreciation eliminated on disposal of assets
(0.10)
-
PIDILITE ANNUAL REPORT 2019-20 Balance as at 31 March 2019 53.30 182.60 (69.09) (0.20) 25.44 (10.02) 290.65 Additions - (2.10) (2.10)
(8.66)
(4.25)
(7.64)
-
Depreciation expense
(1.15)
(85.49)
21.27
st
4.78
34.51
0.04
Depreciation Eliminated on
1.08
-
0.51
28.10
disposal of assets
3.12
3.12
371.41
667.62
29.25
st
5.62
-
-
Disposals/ Adjustments
-
152.46
88.40
31.10
Additions
0.66
5.21
12.82
Depreciation expense
-
(0.09)
(0.06)
-
(2.74)
(17.05)
(13.96)
Disposals/ Adjustments
-
-
-
Depreciation eliminated on disposal of assets
(94.08)
Depreciation expense
(1.10)
(9.69)
-
(4.18)
st
1.63
-
12.33
14.10
Depreciation Eliminated on
0.04
0.02
disposal of assets
Buildings includes shares of co-operative societies of 0.01 crores ( 0.01 crores as at 31 March 2019)
st
5.06
st
114 Balance as at 31 March 2020 84.40 260.20 453.15 0.08 26.42 32.01 861.24 b) Balance as at 31 March 2020 13.79 22.29 36.08