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Notes forming part of onancial statements (Contd.)
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Annual Report 2016-17
5.2 Other Intangible assets
(In
`
Million)
Software
Acquired
contractual rights
Total
Gross block
As at April 1, 2016
1,238.07
232.54
1,470.61
Additions
171.97
29.20
201.17
Disposals*
769.00
-
769.00
As at March 31, 2017
641.04
261.74
902.78
Amortization
As at April 1, 2016
1,089.19
232.54
1,321.73
Charge for the year
111.23
16.78
128.01
Disposals*
769.00
-
769.00
As at March 31, 2017
431.42
249.32
680.74
Net block
As at March 31, 2017
209.62
12.42
222.04
As at March 31, 2016
148.88
-
148.88
* Expired software licenses of
`
769.00 million having NI/ written down value removed.
(In
`
Million)
Software
Acquired
contractual rights
Total
Gross block
As at April 1, 2015
1,172.80
232.54
1,405.34
Additions
65.27
-
65.27
As at March 31, 2016
1,238.07
232.54
1,470.61
Amortization
As at April 1, 2015
972.87
232.54
1,205.41
Charge for the year
116.32
-
116.32
As at March 31, 2016
1,089.19
232.54
1,321.73
Net block
As at March 31, 2016
148.88
-
148.88
As at March 31, 2015
199.93
-
199.93
5.3 Depreciation and amortization
(In
`
Million)
For the year ended
March 31, 2017
March 31, 2016
On Property, Plant and Equipment
481.67
469.03
On other intangible assets
128.01
116.32
609.68
585.35