Investor Presentaiton
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS AT 31ST MARCH, 2023
MRP
NOTE 2 (a 2): Leased Assets
Particulars
(Crores)
Land
Buildings
Vehicles
Total
GROSS BLOCK
Carrying Value as at 31 March 2021
97.84
421.66
24.93
544.43
Additions
123.03
9.14
132.17
Disposals
(36.84)
(36.84)
Carrying Value as at 31 March 2022
97.84
507.85
34.07
639.76
Additions
3.11
250.69
26.12
279.92
Disposals
(48.73)
(48.73)
Carrying Value as at 31 March 2023
100.95
709.81
60.19
870.95
DEPRECIATION BLOCK
Accumulated depreciation/Amortisation as at 31 March 2021
4.46
110.93
19.66
135.05
Depreciation/Amortisation for the year
1.06
63.03
9.43
73.52
Disposals
(14.78)
(14.78)
Accumulated depreciation / Amortisation as at 31 March 2022
5.52
159.18
29.09
193.79
Depreciation/Amortisation for the year
1.06
81.39
8.85
91.30
Disposals
(24.12)
(24.12)
Accumulated depreciation / Amortisation as at 31 March 2023
6.58
216.45
37.94
260.97
NET BLOCK
As at 31 March 2022
As at 31 March 2023
92.32
348.67
4.98
445.97
94.37
493.36
22.25
609.98
Note:
1.
2.
The Group has incurred *33.18 Crores (Previous year *25.53 Crores) for the year ended 31st March, 2023 towards expenses relating to short-term leases
and leases of low-value assets (Refer Note 23). The total cash outflow for leases is 154.48 Crores (Previous year *122.31 Crores) for the year ended
31st March, 2023, including cash outflow of short-term leases and leases of low-value assets. Interest on lease liabilities is 48.70 Crores (Previous year
*36.29 Crores) for the year ended 31st March, 2023 (Refer Note 22).
The Group's leases mainly comprise of land, buildings and Vehicles. The Group mainly leases land and buildings for its manufacturing, warehouse
facilities and sales offices. The Company also has leased vehicles for its Goods Transporation.
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