Page 136 - FBL AR 2019-20

Fermenta Biotech Limited
Annual Report 2019-20

Notes to the Standalone financial statements for the year ended March 31, 2020

5 Investment property
( H in Lakhs )
Particulars Freehold Buildings Plant and Total
land equipment
At cost or deemed cost as at April 01, 2018 - 6,731.98 2,238.77 8,970.75
Pursuant to scheme of amalgamation (Refer note 1.2) - (288.16) (95.83) (383.99)
Additions - - 33.36 33.36
Transfer to Property, plant and equipment - (410.63) (136.56) (547.19)
Transfer from Property, plant and equipment 20.79 - - 20.79
Balance as at March 31, 2019 20.79 6,033.19 2,039.74 8,093.72
Additions - - - -
Transfer to Property, plant and equipment - - - -
Transfer from Property, plant and equipment - - - -
Disposal - - - -
Balance as at March 31, 2020 20.79 6,033.19 2,039.74 8,093.72
Accumulated depreciation
As at April 01, 2018 - 273.23 288.03 561.26
Pursuant to scheme of amalgamation (Refer note 1.2) - (11.70) (12.33) (24.03)
Depreciation expense - 123.71 136.47 260.18
Transfer to Property, plant and equipment - (16.67) (17.57) (34.24)
Balance as at March 31, 2019 - 368.57 394.60 763.17
Depreciation expense - 123.68 131.87 255.55
Balance as at March 31, 2020 - 492.25 526.47 1,018.72
Carrying amount
As at March 31, 2019 20.79 5,664.62 1,645.14 7,330.56
As at March 31, 2020 20.79 5,540.94 1,513.27 7,075.00
Notes:
Land includes H8.06 lakhs, being cost of land held in trust by the managing director and one of the directors of the Company.
Refer notes 23 and 27 - For details of assets pledged as security
6 Other Intangible assets
( H in Lakhs )
Particulars Computer software Product know -how Total
At cost or deemed cost as at April 01, 2018 3.78 - 3.78
Additions pursuant to scheme of amalgamation (Refer note 1.2) 266.57 46.37 312.94
Additions 54.68 13.35 68.03
Balance as at March 31, 2019 325.03 59.72 384.75
Additions 24.92 - 24.92
Balance as at March 31, 2020 349.95 59.72 409.67
Accumulated amortisation
As at April 01, 2018 1.66 - 1.66
Additions pursuant to scheme of amalgamation (Refer note 1.2) 58.50 45.52 104.02
Amortisation expense 43.57 5.30 48.87
Balance as at March 31, 2019 103.73 50.82 154.55
Amortisation expense 66.61 4.45 71.06
Balance as at March 31, 2020 170.34 55.27 225.61
Carrying amount
As at March 31, 2019 221.30 8.90 230.20
As at March 31, 2020 179.61 4.45 184.06

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