Fractal Analytics Annual Report 2023-24

Notes to the Consolidated Financial Statements as at and for the year ended March 31, 2024

Notes to the Consolidated Financial Statements as at and for the year ended March 31, 2024

3 Property, Plant and Equipment

4 Right-of-use Assets

(in Rupees million)

(in Rupees million)

Computers and accessories

Total

Particulars

Leasehold improvements

Furniture and

Office equipment

Gross carrying amount As at April 01, 2023

fixtures Vehicles

Total

Particulars

1,224

Gross carrying amount As at April 01, 2023

Additions Disposals

948

834

260 220

64

- - - - -

392

1,550

(793)

Reclassification^

-

-

(220)

-

Exchange differences on translating the financial statements of foreign operations

4

Additions Disposals*

72

-

1

4

77

As at March 31, 2024

1,383

(19)

(1)

(0)

(3)

(23)

Accumulated depreciation As at April 01, 2023

Exchange differences on translating the financial statements of foreign operation

2

3

-

-

5

756 249

As at March 31, 2024

889

482

65

-

173

1,609

Charge for the year

Accumulated depreciation As at April 01, 2023

On disposals

(790)

517

232 196

36

- - - - -

353

1,138

Exchange differences on translating the financial statements of foreign operations

2

As at March 31, 2024

217

Reclassification^ Charge for the year

-

-

(196)

-

Net carrying amount as at March 31, 2024

1,166

202 (19)

51 (1)

5

4

262 (23)

Disposals*

(0)

(3)

Gross carrying amount As at April 01, 2022

Exchange differences on translating the financial statements of foreign operation*

2

3

-

0

5

1,148

As at March 31, 2024

702 187

481

41 24

- -

158

1,382

Additions Disposals

276

Net carrying amount as at March 31, 2024

1

15

227

(218)

Gross carrying amount As at April 01, 2022

Exchange differences on translating the financial statements of foreign operations

18

693 182 (33)

260

64

1

368

1,386

As at March 31, 2023

1,224

Additions*

- -

0

- -

4

186 (33)

Accumulated depreciation As at April 01, 2022

Derecognition on account of loss of control of subsidiary company (Refer note 37)*

-

(0)

689 246

Charge for the year

Disposals*

(11)

- -

(0)

(1)

(0) 20

(12)

On disposals

(187)

Exchange differences on translating the financial statements of foreign operation*

3

-

-

23

Exchange differences on translating the financial statements of foreign operations

8

As at March 31, 2023

834

260

64

-

392

1,550

As at March 31, 2023

756 468

Accumulated depreciation As at April 01, 2022

Net carrying amount as at March 31, 2023

361 (18)

203

31

1

295

891 (18)

Note: 1. The Right of use asset as per Ind AS-116 comprises of lease of office premises. 2. Exchange differences on translating the financial statements of a foreign operation reflects change in value of asset adjusted for closing rate of local currency in respective geography. 3. The aggregate depreciation expense on Right-of-use assets is included under depreciation and amortisation expenses in the Consolidated Statement of Profit and Loss. 5 Goodwill (in Rupees million)

Derecognition on account of loss of control of subsidiary company (Refer note 37)*

-

-

-

(0)

Charge for the year

181

29

5

-

41 (0) 17

256 (10)

Disposals*

(9)

- -

- -

(1)

Exchange differences on translating the financial statements of foreign operation*

2

-

19

As at March 31, 2023

517 317

232

36 28

- -

353

1,138

Net carrying amount as at March 31, 2023

28

39

412

As at March 31, 2024

As at March 31, 2023

Particulars

*Amount less than C 1 million ^ Leasehold improvement is reclassified for one of the office premises from office equipment . Note : The Group does not hold any immovable properties.

Goodwill at the beginning of the year

3,475

3,261

Add: Exchange differences on translating the financial statements of foreign operations

38

214

Goodwill at the end of the year

3,513

3,475

212

213

Fractal Analytics Limited | Annual Report 2023-24

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