227 / 327
Shaping the future of software driven business
Consolidated Financials •
227
Notes forming part of consolidated financial statements (Contd.)
6.2. Goodwill
(In
`
Million)
As at March 31, 2019
In
`
Million
As at March 31, 2018
In
`
Million
Cost
Balance at beginning of year
76.61
76.23
Additional amounts recognised from business combinations occurring
during the year
-
0.77
Effect of foreign currency exchange differences
4.63
(0.39)
Balance at end of year
81.24
76.61
6.3. Other Intangible assets
(In
`
Million)
Software
Acquired
contractual rights
Total
Gross block
As at April 1, 2018
2,422.24
3,983.87
6,406.11
Additions
52.38
39.61
91.99
Effect of foreign currency translation from
functional currency to reporting currency
100.96
185.10
286.06
As at March 31, 2019
2,575.58
4,208.58
6,784.16
Amortization
As at April 1, 2018
2,076.02
1,866.55
3,942.57
Charge for the year
319.05
779.07
1,098.12
Effect of foreign currency translation from functional currency to
reporting currency
84.45
63.61
148.06
As at March 31, 2019
2,479.52
2,709.23
5,188.75
Net block
As at March 31, 2019
96.06
1,499.35
1,595.41
As at March 31, 2018
346.22
2,117.32
2,463.54
(In
`
Million)
Software
Acquired
contractual rights
Total
Gross block
As at April 1, 2017
2,385.43
2,980.69
5,366.12
Additions
20.11
493.75
513.86
Additions through business combination
-
489.16
489.16
Effect of foreign currency translation from
functional currency to reporting currency
16.70
20.27
36.97
As at March 31, 2018
2,422.24
3,983.87
6,406.11
Amortization
As at April 1, 2017
1,724.63
1,126.44
2,851.07
Charge for the year
334.64
729.30
1,063.94
Effect of foreign currency translation from
functional currency to reporting currency
16.75
10.81
27.56
As at March 31, 2018
2,076.02
1,866.55
3,942.57
Net block
As at March 31, 2018
346.22
2,117.32
2,463.54