Arohan Financial Services Limited | Annual Report 2022-23

| 140 Annual Report | 2022-2023 Financial Arohan Financial Services Limited Summary of significant accounting policies and other explanatory information for the year ended 31 March 2023 (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, 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 Additions for the year 55.40 189.90 56.39 301.69 Disposals for the year - 10.20 2.86 13.06 Balance as at March, 31 2023 393.37 905.80 307.61 1,606.78 Accumulated depreciation 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 Depreciation charge for the year 37.45 85.27 48.44 171.16 Adjustment on account of disposal - 10.21 2.41 12.62 Up to March 31, 2023 170.73 696.04 209.21 1,075.98 Net block Balance as at March 31, 2022 204.69 105.12 90.90 400.71 Balance as at March, 31 2023 222.64 209.76 98.39 530.80 Refer note 58 on contractual commitments for the acquisition of property, plant and equipment. Note 13 : Intangible assets Intangible assets Under development Others Gross carrying amount 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 Additions for the year 46.30 81.69 Disposals for the year 47.28 - Balance as at March, 31 2023 44.06 1,091.73 Accumulated amortisation 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 Amortisation charge for the year - 136.11 Adjustment on account of disposal - - Up to March 31, 2023 - 876.68 Net block Balance as at March 31, 2022 45.04 269.47 Balance as at March, 31 2023 44.06 215.05 Refer note 58 on contractual commitments for the acquisition of property, plant and equipment.