6(a) Capital Work-in-Progress (CWIP) (i) Capital Work-in-Progress: As at 31 March 2023 31 March 2022 Ageing schedule of capital work-in-progress (CWIP) Projects in progress < 1 Year 194.66 70.08 1-2 Years 4.67 0.88 2-3 Years - 2.51 > 3 Years - 0.52 Projects in progress (total) 199.33 73.99 Projects temporarily suspended - - (ii) The Group does not have any material CWIP which is overdue or has exceeded its cost compared to its original plan and hence the disclosure of CWIP completion schedule is not applicable. (iii) CWIP movement schedule: Total Opening as at 1 April 2021 156.43 Additions during the year 339.72 Capitalisations during the year (422.15) Closing as at 31 March 2022 73.99 Additions during the year Capitalisations during the year 805.34 (680.00) Closing as at 31 March 2023 199.33 7. Other intangible assets Computer software Brand Noncompete Procurement network Distribution network Total Gross Block Balance as at 1 April 2021 65.57 74.55 32.18 43.20 50.25 265.75 Additions during the year 26.51 - - - - 26.51 Balance as at 31 March 2022 92.08 74.55 32.18 43.20 50.25 292.26 Additions during the year 9.29 - - 0.56 0.44 10.29 Balance as at 31 March 2023 101.37 74.55 32.18 43.76 50.69 302.55 Accumulated amortization Up to 1 April 2021 36.21 74.55 32.18 38.93 44.93 226.80 Amortization charge for the year 11.75 - - 4.15 5.17 21.07 Up to 31 March 2022 47.96 74.55 32.18 43.08 50.10 247.87 Amortization charge for the year 14.31 - - 0.27 0.27 14.85 Up to 31 March 2023 62.27 74.55 32.18 43.35 50.37 262.72 Net carrying amount As at 31 March 2022 44.12 - - 0.12 0.15 44.39 As at 31 March 2023 39.10 - - 0.41 0.32 39.83 Summary of the significant accounting policies and other explanatory information (All amounts in ` millions, except share data and where otherwise stated) Heritage Foods Limited | 31st Annual report 2022-23 272
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