Amal Ltd 2017-18

Amal Ltd | Annual Report 2017-2018 ( ` 000) Note 2 Property, plant and equipment Particulars Land- freehold Land - leasehold 1 Buildings 2 Plant and equipment 2 Furniture and fixtures Vehicles Office equipment Total Capital work-in- progress Gross carrying amount As at March 31, 2016 553 2,885 5,240 52,684 136 1 94 61,593 3,866 Additions - - - 8,270 - - - 8,270 - Disposals and adjustments - - - 527 - - - 527 3,251 As at March 31, 2017 553 2,885 5,240 60,427 136 1 94 69,336 615 Additions - - - 1,478 - - 210 1,688 7,741 Disposals and adjustments - - - - - - - - - As at March 31, 2018 553 2,885 5,240 61,905 136 1 304 71,024 8,356 Depreciation | Impairment Up to March 31, 2016 - 46 417 3,155 16 - 26 3,660 - For the year - 46 156 3,484 16 - 27 3,729 Disposals and adjustments - - - 50 - - - 50 - Up to March 31, 2017 - 92 573 6,589 32 - 53 7,339 - For the year 46 156 3,555 16 - 48 3,821 - Disposals and adjustments - - - - - - - - - Up to March 31, 2018 - 138 729 10,144 48 - 101 11,160 - Net carrying amount - As at March 31, 2017 553 2,793 4,667 53,838 104 1 41 61,997 615 As at March 31, 2018 553 2,747 4,511 51,761 88 1 203 59,864 8,356 Notes: 1 The lease term in respect of leasehold land is 99 years. The lease term in respect of land acquired under finance lease is up to 99 years with ability to opt for renewal of the lease term on fulfillment of certain conditions. 2 Includes assets retired from active use. 3 All property, plant and equipment are pledged as security {Refer Note 9(a)(ii)}. Notes to the Financial Statements