Amal Ltd | Annual Report 2023-24 Note 2 Property, plant and equipment and capital work-in-progress4 (` lakhs) Particulars Land - freehold Leasehold land1, Buildings2 Plant and equipment2 Vehicles Office equipment Furniture and fixtures Total Capital work-inprogress3 Gross carrying amount As at March 31, 2022 3.34 28.85 59.05 1,789.15 0.00 20.94 10.04 1,911.37 6,650.35 Additions - - 53.51 8,184.85 7.00 6.47 1.40 8,253.23 1,686.58 Disposals and transfers - - - (1.98) - - - (1.98) (8,253.23) As at March 31, 2023 3.34 28.85 112.56 9,972.02 7.00 27.41 11.44 10,162.62 83.70 Additions - - 9.07 460.74 - 4.47 - 474.28 458.38 Disposals and transfers - - - - - - - - (474.28) As at March 31, 2024 3.34 28.85 121.63 10,432.76 7.00 31.88 11.44 10,636.90 67.80 Depreciation | Amortisation Up to March 31, 2022 - 3.21 19.24 426.99 - 15.05 4.11 468.60 - For the year - 0.46 4.76 658.69 1.02 3.57 1.08 669.58 - Disposals and transfers - - - (1.88) - - - (1.88) - Up to March 31, 2023 - 3.67 24.00 1,083.80 1.02 18.62 5.19 1,136.30 - For the year - 0.46 5.00 877.70 1.11 2.91 1.18 888.36 - Disposals and transfers - - - - - - - - - Up to March 31, 2024 - 4.13 29.00 1,961.50 2.13 21.53 6.37 2,024.66 - Net carrying amount As at March 31, 2023 3.34 25.18 88.56 8,888.22 5.98 8.79 6.25 9,026.32 83.70 As at March 31, 2024 3.34 24.72 92.63 8,471.26 4.87 10.35 5.07 8,612.24 67.80 Notes: 1The 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 the ability to opt for renewal of the lease term on fulfilment of certain conditions. 2Includes assets retired from active use. 3Capital work-in-progress mainly comprises addition | expansion projects in progress. 4Certain assets of the group are pledged as security to Axis Bank Ltd. Refer Note 28.2 for disclosure of contractual commitment for the acquisition of property, plant and equipment. Capital work-in-progress ageing (` lakhs) Particulars As at March 31, 2024 As at March 31, 2023 Less than 1 year 1-2 years 2-3 years More than 3 years Total Less than 1 year 1-2 years 2-3 years More than 3 years Total Projects in progress 67.80 - - - 67.80 83.70 - - - 83.70 Projects temporarily suspended - - - - - - - - - - No projects experienced overrun during the year.
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