MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2021-22

233 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2021-22 4. Property, Plant and Equipment (contd.) (b) Right of use assets Rupees crores Particulars Land Buildings Others (refer note) Total Cost Balance as at 1 st April, 2020 ......................................................................... 117.99 85.10 52.06 255.15 Acquisitions through business combinations [Refer note 44 (B)] ............ 285.79 40.57 17.86 344.22 Additions during the year ........................................................................... 11.67 2.88 61.53 76.08 Deductions during the year ........................................................................ — 50.72 24.55 75.27 Balance as at 31 st March, 2021 . ................................................................... 415.45 77.83 106.90 600.18 Balance as at 1 st April, 2021 ........................................................................ 415.45 77.83 106.90 600.18 Additions during the year ........................................................................... 95.29 13.08 143.45 251.82 Deductions during the year ........................................................................ — 12.32 0.45 12.77 Balance as at 31 st March, 2022 . ................................................................... 510.74 78.59 249.90 839.23 Accumulated amortisation Balance as at 1 st April, 2020 ........................................................................ 1.86 21.63 13.54 37.03 Acquisitions through business combinations [Refer note 44 (B)] ............ 3.22 9.97 3.96 17.15 Amortisation expense for the year.............................................................. 5.08 28.15 25.22 58.45 Deductions during the year ........................................................................ — 21.80 9.40 31.20 Balance as at 31 st March, 2021 . ................................................................... 10.16 37.95 33.32 81.43 Balance as at 1 st April, 2021 ........................................................................ 10.16 37.95 33.32 81.43 Amortisation expense for the year . ........................................................... 6.05 17.75 28.32 52.12 Deductions during the year. ........................................................................ — 10.41 0.16 10.57 Balance as at 31 st March, 2022 . ................................................................... 16.21 45.29 61.48 122.98 Net carrying amount Net carrying amount as at 31 st March, 2021 ............................................. 405.29 39.88 73.58 518.75 Net carrying amount as at 31 st March, 2022 ............................................. 494.53 33.30 188.42 716.25 Note: Others include Plant & Equipment, Vehicles and Furniture & Fixtures. 5. Capital work-in-progress (CWIP) Ageing of capital work in progress Rupees crores Capital work in progress Amount in CWIP for a period of Less than 1 year 1-2 years 2-3 years More than 3 years Total As at 31 st March, 2022: Projects in progress ...................................................................................... 992.37 255.49 232.82 40.84 1,521.52 Total ............................................................................................................... 992.37 255.49 232.82 40.84 1,521.52 As at 31 st March, 2021: Projects in progress ...................................................................................... 1,793.86 971.64 97.28 28.45 2,891.23 Total ............................................................................................................... 1,793.86 971.64 97.28 28.45 2,891.23