Annual report for 2004/05 - Hemas Holdings, Ltd

Notes to the Financial StatementsYear ended 31 March 200510. PROPERTY, PLANT & EQUIPMENT Balance Additions/ Disposals/ Balance10.1 Group As at Transfers/ Transfers As atGross Carrying Amount 01.04.2004 Acquisitions 31.03.2005Rs. Rs. Rs. Rs.At Cost/ Cost incurred sinceLast RevaluationFreehold Land 158,343,444 4,622,379 (18,708,076) 144,257,747Freehold Buildings 216,778,471 146,180,245 (190,183,331) 172,775,385Building on Leasehold Land 45,679,730 9,744,305 (55,424,035) -Plant & Machinery 471,438,461 3,014,870,555 (136,300,766) 3,350,008,250Furniture & Fittings 224,362,148 47,155,344 (30,040,361) 241,477,131Office & Factory Equipment 232,262,940 27,154,596 (87,172,794) 172,244,742Computer & Accessories 104,545,293 50,049,230 (31,913,976) 122,680,547Motor Vehicles 219,233,320 29,096,298 (42,367,586) 205,962,032Crockery & Cutlery 12,975,665 1,372,407 (4,031,996) 10,316,076Revertment 18,965,927 421,500 (278,550) 19,108,8771,704,585,399 3,330,666,859 (596,421,471) 4,438,830,787At ValuationFreehold Land 226,787,000 103,760,901 (34,361,500) 296,186,401Freehold Buildings 645,354,814 387,474,748 (116,399,290) 916,430,272Leasehold Land 104,244,254 20,399,919 - 124,644,173Leasehold Buildings 114,310,625 57,521,598 (969,192) 170,863,0311,090,696,693 569,157,166 (151,729,982) 1,508,123,877Assets on Finance LeasesMotor Vehicles 9,482,988 1,053,800 (1,106,667) 9,430,1219,482,988 1,053,800 (1,106,667) 9,430,121Total Value of Assets 2,804,765,080 3,900,877,825 (749,258,120) 5,956,384,785BalanceBalanceAs at Charge for Disposals / As atDepreciation 01.04.2004 the year Transfers 31.03.2005Rs. Rs. Rs. Rs.At CostFreehold Buildings 19,724,387 8,057,990 (26,371,919) 1,410,458Plant & Machinery 190,537,115 199,199,206 (80,925,878) 308,810,443Furniture & Fittings 108,093,299 21,147,673 (21,690,444) 107,550,528Office & Factory Equipment 91,596,291 25,895,057 (58,630,283) 58,861,065Computer Accessories 70,962,415 17,330,842 (22,533,754) 65,759,503Motor Vehicles 113,022,212 36,509,402 (29,816,189) 119,715,425Crockery & Cutlery 7,198,840 148,309 (276,795) 7,070,354Revertment 6,045,072 948,299 - 6,993,371607,179,631 309,236,778 (240,245,262) 676,171,147At ValuationFreehold Buildings 111,326,074 15,222,758 (126,548,832) -Leasehold Land 6,913,944 1,580,047 (8,493,991) -Leasehold Buildings 28,455,136 29,165,376 (57,620,512) -146,695,154 45,968,181 (192,663,335) -Assets on Finance LeasesMotor Vehicles 2,545,308 2,002,375 (1,106,667) 3,441,0162,545,308 2,002,375 (1,106,667) 3,441,016Total Depreciation 756,420,093 357,207,334 (434,015,264) 679,612,163Capital Work-In-Progress 2,242,587,414 782,404,447 (2,968,458,073) 56,533,7882,242,587,414 782,404,447 (2,968,458,073) 56,533,7882005 2004Rs.Rs.Net Book ValuesAt Cost 3,819,193,428 3,339,993,182At Valuation 1,508,123,877 944,001,539Assets on Finance Lease 5,989,105 6,937,680Total Carrying Amount 5,333,306,410 4,290,932,40150H E M A S H O L D I N G S L I M I T E D