DRIVIN G ROWTH - Dr. Reddy's

112
schedules to the balance sheet |
schedule 5: fixed assets
(All amounts in Indian Rupees thousands, except share data)
Gross block Depreciation Net block
Description As at Additions Deductions As at As at For the Deductions As at As at As at
April 1, 2001 March 31, April 1, year March 31, March 31, March 31,
2002 2001 2002 2002 2001
Land – freehold (Note 1) 68,054 9,442 2,143 75,353 – – – – 75,353 68,054
Buildings 783,353 220,707 24,435 979,625 113,229 27,136 1,338 139,027 840,598 670,124
Plant and machinery (Note 2) 2,835,278 508,149 123,286 3,220,141 1,199,275 276,800 101,714 1,374,361 1,845,780 1,636,003
Electrical equipment 349,584 37,476 1,910 385,150 162,556 33,653 551 195,658 189,492 187,028
Laboratory equipment 380,579 124,623 2,827 502,375 164,228 54,794 1,453 217,569 284,806 216,351
Furniture and fixtures 320,443 94,709 37,839 377,313 196,243 60,146 34,192 222,197 155,116 124,200
Patents, trademarks and designs 48,500 27,500 – 76,000 16,811 9,527 – 26,338 49,662 31,689
Vehicles 63,341 26,118 9,498 79,961 32,801 11,600 6,877 37,524 42,437 30,540
Library 4,527 – 1,021 3,506 3,723 531 1,021 3,233 273 804
4,853,659 1,048,724 202,959 5,699,424 1,888,866 474,187 147,146 2,215,907 3,483,517 2,964,793
Capital work-in-progress
(including capital advances) 476,130 345,333
Previous year 2,225,968 2,779,795 152,104 4,853,659 509,719 1,451,768 72,621 1,888,866 2,964,793 –
DR. REDDY’S LABORATORIES LTD. | FINANCIALS | ANNUAL REPORT 2001-2002
NOTES:
1. Land located at Pydibheemavaram allotted by the Andhra Pradesh Industrial Infrastructure Corporation Limited valued at Rs. 4,445 (previous year: Rs. 4,445) is yet to be registered in the name
of the Company.
2. The Company owns treated effluent discharge pipeline in equal proportion jointly with a third party in Pydibheemavaram pursuant to a mutual agreement.
3. Additions to gross block and capital work-in-progress include Rs. 19,174 (previous year: Rs. 1,690) on account of capitalisation of borrowing costs during the year.
4. Additions during the previous year ended March 31, 2001 include assets acquired from CDL and ARL under the scheme of amalgamation amounting to Rs. 2,400,796. Similarly, depreciation
on these assets amounting to Rs. 697,983 is included in the depreciation for the previous year.