Page 190 - DJML Annual Report 24-25

DJ MEDIAPRINT & LOGISTICS LIMITED

March 31, 2025

bringing the asset to its working condition for the
intended use. Any trade discount and rebates
An item of property, plant and equipment and
are deducted in arriving at the purchase price. a significant par initia recognized de-
Subsequent costs are included in the asset’s
recognized upon disposal or when no future
carrying amount or recognized as a separate econo benefi are expected fro use
asset, as appropriate, only when it is probable or disposal. Any gain or loss arising on de-
that future economic benefits associated with recognition of the asset (calculated as the
the item will flow to the Company.
difference between the net disposal proceeds
All other repair and maintenance costs are and the carrying amount of the asset) is
recognized stateme of profi or lo a recognized the stateme of profi and loss,
incurred. when the asset is de-recognized.

Subsequent measurement (depreciation and
useful lives)
Cost of property, plant and equipment not ready
Property, plant and equipment are subsequently for use as at the reporting date are disclosed as
measured at cost less accumulated capital work-in progress.
depreciation and impairment losses, if any.

Depreciation on property, plant and equipment
At each reporting date, the Company reviews
has been provided using written down value the carrying amo of no financia asse
method using rates determined based on
to determine whether there is any indication of
management’s assessment of useful economic
impairment. If any such indication of impairment
lives of the asset.
exists, then the asset’s recoverable amount
Followings are the estimated useful lives of is estimated. For impairment testing, assets
various category of assets used which are are grouped together into the smallest group
aligned usef live defined schedule II of asse tha generate ca inflo fro
of Companies Act,2013 : continuing use that are largely independent
of the ca inflo of other asse or ca
generating units (CGUs).
Office Building 60
The recoverable amount of an asset or CGU is
Furniture & Fixture 10 the greater of its value in use and its fair value
less costs to sell. Value in use is based on the
Vehicles (Four Wheeler) 10
estimated future cash flows, discounted to their
Vehicles (Two Wheeler) 10 present value using a discount rate that reflects
current market assessments of the time value
Office Equipment 5 of money and the risks specific to the asset or

Computers 3-6 CGU. An impairment loss is recognised if the
carrying amount of an asset or CGU exceeds
Truck & Trailors 8 its estimated recoverable amount. Impairment

losses are recognised in the Statement of Profit
The residual values, useful lives and methods
and Loss.
of depreciation of property, plant and equip-
me are reviewed a ea financia year end An impairment loss is reversed if there has
and adjusted prospectively, if appropriate. been a change in the estimates used to
determine the recoverable amount. Such a

187 Annual Report 2024-25