Gillette_India_Limited_AR_20

Annual Report 2019-20 95 Notes to Financial Statements for the year ended June 30, 2020 Company Overview Board's Report MD&A Corporate Governance Financial Statements Gillette India Limited 4 Property, plant and equipment and capital work-in-progress (Contd.) B. Leased Assets Land ` in lakhs Plant & machinery ` in lakhs Total ` in lakhs Addition on account of Transition to Ind AS 116 - July 1, 2019 731 23 754 Additions — — — Disposals — — — At June 30, 2020 731 23 754 Accumulated depreciation Disposals 11 5 16 At June 30, 2020 11 5 16 Net Block as at June 30, 2020 720 18 738 The Company has adopted Ind AS 116 effective July 1, 2019, using the modified retrospective method. The Company has applied the standard to its leases with the cumulative impact recognised on the date of initial application July 1, 2019. Accordingly, previous period information has not been restated. C. Capital work-in-progress At June 30, 2020 ` in lakhs At June 30, 2019 ` in lakhs Capital work-in-progress 2 119 2 455 2 119 2 455 5 Loans As at June 30, 2020 ` in lakhs As at June 30, 2019 ` in lakhs Unsecured considered good Non-current Security deposits 387 330 Loans to related parties (refer note (a), (c) and note 32) — 4 Loan to employees (refer note (c)) 2 686 2 277 3 073 2 611 Current Security deposits 29 41 Loans to related parties (refer note (b), (c) and note 32) — 15 Loan to employees (refer note (c)) 380 506 409 562 Notes: (a) Non-current loans to related parties includes loan to key managerial personnel ` Nil lakhs (June 30, 2019: ` 4 lakhs). (b) Current loans to related parties includes loan to key managerial personnel ` Nil lakhs (June 30, 2019: ` 15 lakhs). (c) Loans given to employees / key managerial personnel as per the Company’s policy are not considered for the purposes of disclosure under Section 186 (4) of the Act.