Heritage Foods Limited | 30th Annual Report 2021-22

Financial Statements Company Overview Statutory Reports 153 6. Property, plant and equipment Particulars Land Buildings Leasehold improvements Plant and Equipment Furniture and fixtures Office equipment Vehicles Right-of- use assets Total Gross Block Balance as at 1 April 2020 434.63 1,142.22 3.13 3,415.17 23.13 76.90 51.42 102.33 5,248.93 Additions during the year - 480.07 - 976.24 5.01 19.24 3.31 17.01 1,500.88 Disposals/transfers during the year 1.66 (9.04) - 105.11 0.55 3.67 0.34 - 102.29 Balance as at 31 March 2021 432.97 1,631.33 3.13 4,286.30 27.59 92.47 54.39 119.34 6,647.52 Additions during the year 43.52 116.52 - 236.10 3.11 15.89 32.93 65.40 513.47 Disposals/transfers during the year - 2.00 - 109.43 0.27 5.18 21.71 61.87 200.46 Balance as at 31 March 2022 476.49 1,745.85 3.13 4,412.97 30.43 103.18 65.61 122.87 6,960.53 Accumulated depreciation Up to 1 April 2020 - 140.09 0.45 749.60 8.55 19.93 23.86 41.39 983.87 Depreciation charge for the year - 49.25 0.15 309.40 3.05 14.53 6.83 38.18 421.39 Adjustment for disposals/transfers - 2.20 - 71.24 0.38 2.33 0.28 - 76.43 Impairment loss - - - 16.98 0.06 1.15 - - 18.19 Up to 31 March 2021 - 187.14 0.60 1,004.74 11.28 33.28 30.41 79.57 1,347.02 Depreciation charge for the year - 67.38 0.15 349.65 3.70 15.08 9.21 32.38 477.55 Adjustment for disposals/transfers - 0.72 - 85.34 0.16 4.21 19.27 56.89 166.59 Impairment loss - - - 4.24 - - - - 4.24 Up to 31 March 2022 - 253.80 0.75 1,273.29 14.82 44.15 20.35 55.06 1,662.22 Net carrying value As at 31 March 2021 432.97 1,444.19 2.53 3,281.56 16.31 59.19 23.98 39.77 5,300.50 As at 31 March 2022 476.49 1,492.05 2.38 3,139.68 15.61 59.03 45.26 67.81 5,298.31 Notes: (a) For details of assets pledged as security, refer note 19(a) to 19(b). (b) Borrowing cost capitalised during the year ended 31 March 2022 is ` Nil (31 March 2021: ` 12.58) (c) The Company does not hold any Benami property and no proceedings have been initiated or are pending against the Company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made thereunder. Summary of the significant accounting policies and other explanatory information (All amounts in ` millions, except share data and where otherwise stated) Standalone