Annual Report for the year 2012

(12) Fixed Assets
0
(AMOUNT IN `)
DESCRIPTION
GROSS BLOCK
DEPRECIATION
NET BLOCK
COST AS AT
01.04.2011
ADDITIONS
DEDUCTIONS/
ADJUSTMENTS
COST AS AT
31.03.2012
AS AT
01.04.2011
FOR THE
YEAR
DEDUCTIONS/
ADJUSTMENTS
AS AT
31.03.2012
AS AT
31.03.2012
AS AT
31.03.2011
A) TANGIBLE ASSETS
FLEET 2,068,880,741 26,035,572 82,758,818 2,177,675,131 451,777,276 114,693,760 - 566,471,036 1,611,204,095 1,617,103,465
CONTAINER 167,206,370 248,000 (158,861) 167,295,509 35,272,883 7,866,110 (48,600) 43,090,393 124,205,116 131,933,487
FURNITURE & FIXTURES 2,397,778 2,457,954 - 4,855,732 871,982 313,766 -
OFFICE EQUIPMENTS 6,012,783 1,854,934 (14,350) 7,853,367 2,222,770 534,828 (119)
COMPUTERS 5,659,526 1,900,624 (10,500) 7,549,650 3,286,732 1,026,046 (10,500)
VEHICLES 5,341,683 4,885,454 (3,154,863) 7,072,274 1,910,420 615,855 (1,312,986)
TRAILOR (VEHICLE) 18,783,053 98,789,974 - 117,573,027 2,416,647 9,780,711 -
MACHINERY - 18,000 - 18,000 - 1,275 -
1,185,748 3,669,984 1,525,804
2,757,479 5,095,888 3,462,950
4,302,278 3,247,372 2,699,857
1,213,358 5,858,985 3,431,264
12,197,358 105,375,669 16,366,406
1,275 16,725 -
TANGIBLE ASSET (A)
AS ON 31.03.2012
TANGIBLE ASSET (A)
AS ON 31.03.2011
2,274,281,934 136,190,512 79,420,244 2,489,892,690 497,758,700 134,832,352 (1,372,205) 631,218,856 1,858,673,834 1,776,523,233
2,244,409,037 35,297,188 5,424,292 2,274,281,933 383,120,945 114,739,010 (101,255) 456,410,106 1,623,142,104
B) INTANGIBLE ASSETS
COMPUTER SOFTWARE
INTANGIBLE ASSET -
(See Note 10)
TOTAL INTANGIBLE
ASSETS (B) AS ON
31.03.2012
TOTAL INTANGIBLE
ASSETS (B) AS ON
31.03.2011
2058002 104,175 - 2,162,177 1,873,145 206,943 -
2,058,002 104,175 - 2,162,177 1,873,145 206,943 -
2,058,002 - - 2,058,002 1,688,288 184,857 -
2,080,088 82,089 184,857
2,080,088 82,089 184,857
1,873,145 184,857
TOTAL ( A + B ) AS ON
31.03.2012
TOTAL ( A + B ) AS ON
31.03.2011
2,276,339,936 136,294,687 79,420,244 2,492,054,867 499,631,845 135,039,295 (1,372,205) 633,298,944 1,858,755,923 1,776,708,090
2,246,467,039 35,297,188 5,424,292 2,276,339,935 384,809,233 114,923,867 (101,255) 499,631,845 1,776,708,090
12(a) During the year, company has spent ` 5,81,47,785 for dry dock of M.V. OEL. Shreyas. Major improvements relating to deck steel ` 2,60,35,572 has been capitalised and balance is charged of to
Statement of profit & loss
12(b) Deduction/adjustments from gross block and depreciation / amortisation for the year includes:
Gross Block
31.03.2012 31.03.2011
Disposal of assets (3,166,627) (79,361)
Retirement of assets 14,350 -
Cost adjustments representing exchange differences 82,758,818 (5,295,831)
Others
79,606,541 (5,375,192)
Accumulated Depreciation/Amortisation
31.03.2012 31.03.2011
(1,372,205) (101,255)
110 -
2,810,015 (85,275)
1,437,920 (186,530)
24th Annual Report 2011-12
65