Arohan Financial Services Limited | Annual Report 2021-22

168 | Annual Report | 2021-2022 Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March, 2022 (Contd.) (All amounts in ` lakhs unless otherwise stated) Note 12: Property, plant and equipment Furniture and fixtures Computer and accessories Office equipment Total Gross carrying amount Balance as at March 31, 2020 333.67 638.95 201.39 1,174.01 Additions for the year 21.95 80.89 33.46 136.30 Disposals for the year 44.22 17.52 4.51 66.25 Balance as at March 31, 2021 311.40 702.32 230.34 1,244.06 Additions for the year 27.24 36.88 33.64 97.76 Disposals for the year 0.67 13.10 9.90 23.67 Balance as at March 31, 2022 337.97 726.10 254.08 1,318.15 Accumulated depreciation Up to March 31, 2020 71.61 367.61 85.72 524.94 Depreciation charge for the year 40.44 167.05 41.14 248.63 Adjustment on account of disposal 17.25 11.39 3.15 31.79 Up to March 31, 2021 94.80 523.27 123.71 741.78 Depreciation charge for the year 39.15 110.51 47.04 196.70 Adjustment on account of disposal 0.67 12.80 7.57 21.04 Up to March 31, 2022 133.28 620.98 163.18 917.44 Net block Balance as at March 31, 2021 216.60 179.05 106.63 502.28 Balance as at March 31, 2022 204.69 105.12 90.91 400.71 Refer note 58 on contractual commitments for the acquisition of property, plant and equipment. Refer note 58 on contractual commitments for the development of intangible assets. Note 13 : Intangible assets Intangible assets Under development Software Gross carrying amount Balance as at March 31, 2020 4.82 875.89 Additions for the year 56.29 53.26 Disposals for the year 8.56 3.30 Balance as at March 31, 2021 52.55 925.85 Additions for the year 70.72 84.19 Disposals for the year 78.23 - Balance as at March 31, 2022 45.04 1,010.04 Accumulated amortisation Up to March 31, 2020 - 337.09 Amortisation charge for the year - 205.43 Adjustment on account of disposal - 2.13 Up to March 31, 2021 - 540.39 Amortisation charge for the year - 200.18 Adjustment on account of disposal - - Up to March 31, 2022 - 740.57 Net block Balance as at March 31, 2021 52.55 385.46 Balance as at March 31, 2022 45.04 269.47