Heritage Foods Limited

FINANCIAL STATEMENTS Standalone 29 th Annual Report 2020-21 | 175 7 Other intangible assets Particulars Computer Software Brand Non compete Procurement network Distribution Network Total Gross Block As at 31 March 2019 49.70 74.55 32.18 43.20 50.25 249.88 Additions during the year - - - - - - As at 31 March 2020 49.70 74.55 32.18 43.20 50.25 249.88 Additions during the year 14.35 - - - - 14.35 As at 31 March 2021 64.05 74.55 32.18 43.20 50.25 264.23 Accumulated amortization Up to 31 March 2019 18.92 64.37 21.13 17.02 19.80 141.24 Amortization charge for the year 7.91 3.36 10.73 8.64 10.05 40.69 Impairment charge for the year - 6.82 - - - 6.82 Up to 31 March 2020 26.83 74.55 31.86 25.66 29.85 188.75 Amortization charge for the year 8.14 - 0.32 4.15 5.17 17.78 Impairment charge for the year - - - 9.12 9.91 19.03 Up to 31 March 2021 34.97 74.55 32.18 38.93 44.93 225.56 Net carrying amount As at 31 March 2020 22.87 - 0.32 17.54 20.40 61.13 As at 31 March 2021 29.08 - - 4.27 5.32 38.67 8 Investment property Particulars Land Building Total Gross Block As at 31 March 2019 - 41.05 41.05 Transfers during the year 23.30 - 23.30 As at 31 March 2020 23.30 41.05 64.35 Transfers during the year - (14.38) (14.38) As at 31 March 2021 23.30 26.67 49.97 Accumulated depreciation Up to 31 March 2019 - 4.12 4.12 Depreciation charge for the year - 1.72 1.72 Up to 31 March 2020 - 5.84 5.84 Depreciation charge for the year - 1.37 1.37 Transfers during the year - (2.52) (2.52) Up to 31 March 2021 - 4.69 4.69 Net carrying amount As at 31 March 2020 23.30 35.21 58.51 As at 31 March 2021 23.30 21.98 45.28 Summary of the signi fi cant accounting policies and other explanatory information (All amounts in ₹ millions, except share data and where otherwise stated)