Heritage Foods Limited

FINANCIAL STATEMENTS Consolidated 29 th Annual Report 2020-21 | 237 Summary of the signi fi cant accounting policies and other explanatory information (All amounts in ₹ millions, except share data and where otherwise stated) 7. Other intangible assets Particulars Com - puter software Brand Non - com - pete Procure - ment network Distribu - tion network Total Gross Block Balance as at 31 March 2019 50.92 74.55 32.18 43.20 50.25 251.10 Additions during the year - - - - - - Balance as at 31 March 2020 50.92 74.55 32.18 43.20 50.25 251.10 Additions during the year 14.65 - - - - 14.65 Balance as at 31 March 2021 65.57 74.55 32.18 43.20 50.25 265.75 Accumulated amortization Up to 31 March 2019 20.14 64.37 21.13 17.02 19.80 142.46 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 28.05 74.55 31.86 25.66 29.85 189.97 Amortization charge for the year 8.16 - 0.32 4.15 5.17 17.80 Impairment charge for the year - - - 9.12 9.91 19.03 Up to 31 March 2021 36.21 74.55 32.18 38.93 44.93 226.80 Net carrying amount As at 31 March 2020 22.87 - 0.32 17.54 20.40 61.13 As at 31 March 2021 29.36 - - 4.27 5.32 38.95 8. Investment property Particulars Land Building Total Gross Block Balance as at 31 March 2019 - 41.05 41.05 Transfers during the year 23.30 - 23.30 Balance as at 31 March 2020 23.30 41.05 64.35 Transfers during the year - (14.38) (14.38) Balance 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