PGHH_AR_2020

Notes to Financial Statements for the year ended June 30, 2020 Annual Report 2019-20 96 Procter & Gamble Hygiene and Health Care Limited B. Leased Assets Land Buildings Plant & machinery Total ` in lakhs ` in lakhs ` in lakhs ` in lakhs Addition on account of Transition to Ind AS 116 - July 1, 2019 13 381 27 421 Additions 3 ---- ---- 3 Disposals ---- ---- ---- ---- At June 30, 2020 16 381 27 424 Accumulated depreciation Additions 2 139 7 148 Disposals ---- ---- ---- ---- At June 30, 2020 2 139 7 148 Net Block as at June 30, 2020 14 242 20 276 Notes: 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 As at June 30, 2020 As at June 30, 2019 ` in lakhs ` in lakhs Capital work-in-progress 2 215 1 455 2 215 1 455 4.1 Impairment losses recognised In the year ended June 30, 2018, certain Property, Plant & Equipment had been tested for impairment and a loss amounting to ` 1 259 lakhs had been recognized in the Statement of Profit and Loss. These were rendered redundant due to Company moving its manufacturing facility from one location to another. The said assets were classified as ‘Held for sale’ in note 8(a). In the current year, the Company has, based on certain quotes obtained, reassessed the fair value of these assets and a further impairment loss amounting to ` 1 388 lakhs has been recognized in the Statement of Profit and Loss. 5 Loans Unsecured considered good As at June 30, 2020 As at June 30, 2019 ` in lakhs ` in lakhs Non-current Security deposits 835 548 Loans to related parties (refer note (a), (c) and note 32) 6 7 Loan to employees (refer note (c)) 3 306 3 358 4 147 3 913