Annual Report cb smile - Jet Airways

Schedules to the Balance Sheet as at 31 st March, 2010 (contd.)
SCHEDULE - E
FIXED ASSETS
Rs. In lakhs
GROSS BLOCK (At Cost / Valuation) DEPRECIATION / AMORTISATION NET BLOCK
As at Additions/ Deductions/ As at Upto For the Deductions Upto As at As at
NATURE OF ASSETS 01.04.2009 Adjustments Adjustments 31.03.2010 31.03.2009 Year Ended 31.03.2010 31.03.2010 31.03.2009
during the Year 31.03.2010
OWNED TANGIBLE ASSETS
FREEHOLD LAND 11 - - 11 - - - - 11 11
PLANT AND MACHINERY 765 - - 765 251 72 - 323 442 514
FURNITURE AND FIXTURES 3,659 187 18 3,828 2,137 318 11 2,444 1,384 1,522
ELECTRICAL FITTINGS 2,616 47 17 2,646 1,235 197 13 1,419 1,227 1,381
DATA PROCESSING EQUIPMENT 8,520 156 405 8,271 6,658 794 398 7,054 1,217 1,862
OFFICE EQUIPMENT 4,941 19 38 4,922 2,430 353 28 2,755 2,167 2,511
GROUND SUPPORT EQUIPMENT 6,384 67 82 6,369 3,593 395 68 3,920 2,449 2,791
VEHICLES 1,020 - 29 991 595 106 11 690 301 425
GROUND SUPPORT VEHICLES 7,325 89 253 7,161 4,852 765 242 5,375 1,786 2,473
SIMULATORS 22,187 - - 22,187 8,388 2,212 - 10,600 11,587 13,799
LEASED \ OWNED ASSETS
LEASEHOLD LAND 191,135 (4,722) - 186,413 3,073 2,407 - 5,480 180,933 188,062
AIRCRAFT AND SPARE ENGINE
(Narrow Body) 496,495 5,758 131 502,122 119,654 28,572 51 148,175 353,947 376,841
AIRCRAFT AND SPARE ENGINE
(Wide Body) 1,092,352 (97,464) - 994,888 78,754 59,312 - 138,066 856,822 1,013,598
IMPROVEMENT ON LEASED AIRCRAFT 15,098 2,333 - 17,431 5,945 2,699 - 8,644 8,787 9,153
IMPROVEMENT ON LEASED PROPERTY 4,468 - - 4,468 2,751 692 - 3,443 1,025 1,717
INTANGIBLE ASSETS
(Other than internally generated)
SOFTWARE 4,051 1,179 6 5,224 3,098 865 4 3,959 1,265 953
LANDING RIGHTS 12,201 10,231 - 22,432 5,610 856 - 6,466 15,966 6,591
TRADEMARKS 3,146 - - 3,146 1,156 314 - 1,470 1,676 1,990
TOTAL 1,876,374 (82,120) 979 1,793,275 250,180 100,929 826 350,283 1,442,992 1,626,194
PREVIOUS YEAR 1,659,109 391,128 173,863 1,876,374 250,692 94,714 95,226 250,180 1,626,194
CAPITAL WORK IN PROGRESS
INCLUDING CAPITAL ADVANCES 29,960 58,317
50
NOTES :
1) All the Aircraft (except one Aircraft) are acquired on Hire-purchase / Finance Lease basis. Such Aircraft are charged by the Hirers / Lessors against the financing arrangements obtained by
them.
2) Additions to Leasehold land / Aircraft / Simulators / CWIP during the year include Rs. (120,661) lakhs [Net] (Previous Year net of Rs. 215,556 lakhs) on account of Exchange (-) Gain /
Loss during the year. (Refer Note 16) of Schedule S)
3) (a) Leasehold Land was revalued on 31st March, 2008 with reference to then current market prices; amount added on revaluation was Rs. 148,119 lakhs; the revalued amount substituted
for historical cost on 31st March, 2008 was Rs. 184,500 lakhs.
(b) Narrow Body Aircraft was revalued on 31st March, 2008 with reference to then market prices; amount added on revaluation was Rs.118,133 lakhs; the revalued amount substituted
for book value on 31st March, 2008 is Rs. 346,396 lakhs.