Schedule of Changes in Carrying Value of Property, Plant and Equipment |
Following are the changes in the carrying value of property, plant and equipment for fiscal 2025:
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(Dollars in millions) |
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Land |
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Buildings |
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Plant and machinery |
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Computer equipment |
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Furniture and fixtures |
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Vehicles |
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Total |
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Gross carrying value as of April 1, 2024 |
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|
171 |
|
|
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1,411 |
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|
637 |
|
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1,032 |
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|
406 |
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|
6 |
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3,663 |
|
Additions |
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6 |
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|
5 |
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30 |
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154 |
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22 |
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— |
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217 |
|
Additions - Business Combination (Refer to Note 2.10) |
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— |
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— |
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1 |
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1 |
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3 |
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— |
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5 |
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Deletions* |
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— |
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(13 |
) |
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(20 |
) |
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(75 |
) |
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(36 |
) |
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— |
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(144 |
) |
Translation difference |
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(4 |
) |
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(32 |
) |
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(16 |
) |
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(24 |
) |
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(9 |
) |
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— |
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(85 |
) |
Gross carrying value as of March 31, 2025 |
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|
173 |
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1,371 |
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|
632 |
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1,088 |
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|
386 |
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6 |
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3,656 |
|
Accumulated depreciation as of April 1, 2024 |
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— |
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(590 |
) |
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(498 |
) |
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(765 |
) |
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(322 |
) |
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(5 |
) |
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(2,180 |
) |
Depreciation |
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— |
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(52 |
) |
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(44 |
) |
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(148 |
) |
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(35 |
) |
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— |
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(279 |
) |
Accumulated depreciation on deletions* |
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— |
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2 |
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|
18 |
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|
73 |
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35 |
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— |
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128 |
|
Translation difference |
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— |
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13 |
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13 |
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20 |
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7 |
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— |
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53 |
|
Accumulated depreciation as of March 31, 2025 |
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— |
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(627 |
) |
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(511 |
) |
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(820 |
) |
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(315 |
) |
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(5 |
) |
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(2,278 |
) |
Capital work-in-progress as of March 31, 2025 |
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119 |
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Carrying value as of March 31, 2025 |
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173 |
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|
744 |
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|
121 |
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|
268 |
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|
71 |
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1 |
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1,497 |
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Capital work-in-progress as of April 1, 2024 |
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54 |
|
Carrying value as of April 1, 2024 |
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171 |
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|
821 |
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|
139 |
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|
267 |
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|
84 |
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1 |
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1,537 |
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* During fiscal 2025, certain assets which were not in use having gross book value of $60 million (net book value: Nil), were retired Following are the changes in the carrying value of property, plant and equipment for fiscal 2024:
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(Dollars in millions) |
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Land |
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Buildings |
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Plant and machinery |
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Computer equipment |
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Furniture and fixtures |
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Vehicles |
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Total |
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Gross carrying value as of April 1, 2023 |
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174 |
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1,407 |
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|
625 |
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|
1,037 |
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|
409 |
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|
6 |
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3,658 |
|
Additions - Business Combination (Refer to Note 2.10) |
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— |
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— |
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— |
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— |
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— |
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— |
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— |
|
Additions |
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— |
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|
36 |
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|
40 |
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|
112 |
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|
24 |
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— |
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|
212 |
|
Deletions* |
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— |
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(7 |
) |
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(19 |
) |
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(102 |
) |
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(20 |
) |
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— |
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(148 |
) |
Translation difference |
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(3 |
) |
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(25 |
) |
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(9 |
) |
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(15 |
) |
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(7 |
) |
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— |
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(59 |
) |
Gross carrying value as of March 31, 2024 |
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|
171 |
|
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|
1,411 |
|
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|
637 |
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|
1,032 |
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|
406 |
|
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|
6 |
|
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3,663 |
|
Accumulated depreciation as of April 1, 2023 |
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— |
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(552 |
) |
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(468 |
) |
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(709 |
) |
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(300 |
) |
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(5 |
) |
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(2,034 |
) |
Depreciation |
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— |
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(54 |
) |
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(56 |
) |
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(167 |
) |
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(47 |
) |
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— |
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(324 |
) |
Accumulated depreciation on deletions* |
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— |
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7 |
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18 |
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|
101 |
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|
19 |
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— |
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|
145 |
|
Translation difference |
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— |
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|
9 |
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|
8 |
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|
10 |
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6 |
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— |
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|
33 |
|
Accumulated depreciation as of March 31, 2024 |
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|
— |
|
|
|
(590 |
) |
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|
(498 |
) |
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|
(765 |
) |
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|
(322 |
) |
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(5 |
) |
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(2,180 |
) |
Capital work-in-progress as of March 31, 2024 |
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|
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|
|
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|
54 |
|
Carrying value as of March 31, 2024 |
|
|
171 |
|
|
|
821 |
|
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|
139 |
|
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|
267 |
|
|
|
84 |
|
|
|
1 |
|
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|
1,537 |
|
Capital work-in-progress as of April 1, 2023 |
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|
|
|
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|
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|
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|
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|
55 |
|
Carrying value as of April 1, 2023 |
|
|
174 |
|
|
|
855 |
|
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|
157 |
|
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|
328 |
|
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|
109 |
|
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|
1 |
|
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|
1,679 |
|
* During fiscal 2024, certain assets which were not in use having gross book value of $93 million (net book value: Nil), were retired Following are the changes in the carrying value of property, plant and equipment for fiscal 2023:
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(Dollars in millions) |
|
|
|
Land |
|
|
Buildings |
|
|
Plant and machinery |
|
|
Computer equipment |
|
|
Furniture and fixtures |
|
|
Vehicles |
|
|
Total |
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Gross carrying value as of April 1, 2022 |
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|
188 |
|
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|
1,481 |
|
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|
653 |
|
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|
1,125 |
|
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|
423 |
|
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|
6 |
|
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|
3,876 |
|
Additions - Business Combination (Refer to Note 2.10) |
|
|
— |
|
|
|
— |
|
|
|
1 |
|
|
|
1 |
|
|
|
— |
|
|
|
— |
|
|
2 |
|
Additions |
|
|
— |
|
|
42 |
|
|
57 |
|
|
187 |
|
|
62 |
|
|
|
— |
|
|
348 |
|
Deletions |
|
|
— |
|
|
|
— |
|
|
|
(32 |
) |
|
|
(191 |
) |
|
|
(45 |
) |
|
|
— |
|
|
|
(268 |
) |
Translation difference |
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|
(14 |
) |
|
|
(116 |
) |
|
|
(54 |
) |
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|
(85 |
) |
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|
(31 |
) |
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|
— |
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|
(300 |
) |
Gross carrying value as of March 31, 2023 |
|
|
174 |
|
|
|
1,407 |
|
|
|
625 |
|
|
|
1,037 |
|
|
|
409 |
|
|
|
6 |
|
|
|
3,658 |
|
Accumulated depreciation as of April 1, 2022 |
|
|
— |
|
|
|
(541 |
) |
|
|
(484 |
) |
|
|
(796 |
) |
|
|
(324 |
) |
|
|
(5 |
) |
|
|
(2,150 |
) |
Depreciation |
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|
— |
|
|
|
(54 |
) |
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|
(58 |
) |
|
|
(164 |
) |
|
|
(44 |
) |
|
|
— |
|
|
|
(320 |
) |
Accumulated depreciation on deletions |
|
|
— |
|
|
|
— |
|
|
32 |
|
|
190 |
|
|
44 |
|
|
|
— |
|
|
|
266 |
|
Translation difference |
|
|
— |
|
|
|
43 |
|
|
|
42 |
|
|
|
61 |
|
|
|
24 |
|
|
|
— |
|
|
|
170 |
|
Accumulated depreciation as of March 31, 2023 |
|
|
— |
|
|
|
(552 |
) |
|
|
(468 |
) |
|
|
(709 |
) |
|
|
(300 |
) |
|
|
(5 |
) |
|
|
(2,034 |
) |
Capital work-in-progress as of March 31, 2023 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
55 |
|
Carrying value as of March 31, 2023 |
|
|
174 |
|
|
|
855 |
|
|
|
157 |
|
|
|
328 |
|
|
|
109 |
|
|
|
1 |
|
|
|
1,679 |
|
Capital work-in-progress as of April 1, 2022 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
|
67 |
|
Carrying value as of April 1, 2022 |
|
|
188 |
|
|
|
940 |
|
|
|
169 |
|
|
|
329 |
|
|
|
99 |
|
|
|
1 |
|
|
|
1,793 |
|
* During fiscal 2023, certain assets which were not in use having gross book value of $234 million (net book value: Nil), were retired
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