Page 269 - Tata_Chemicals_yearly-reports-2019-20

Integrated report Statutory reportS Financial StatementS
Consolidated

8. Other intangible assets
` in crore
Product
registration,
Computer Technical contractual Mining Total
Software knowhow rights
rights and
others*
Gross Block
Balance as at April 1, 2018 17.47 15.36 22.19 7,290.07 7,345.09
additions 1.52 5.53 1.43 - 8.48
disposals (0.02) - (0.55) - (0.57)
exchange fluctuations 0.62 - - 434.00 434.62
Balance as at March 31, 2019 19.59 20.89 23.07 7,724.07 7,787.62
additions 2.69 2.98 4.25 0.32 10.24
transferred to discontinued operation (note 36) (0.48) - - - (0.48)
exchange fluctuations 1.16 - - 718.04 719.20
Balance as at March 31, 2020 22.96 23.87 27.32 8,442.43 8,516.58
Accumulated amortisation
Balance as at April 1, 2018 10.31 9.78 15.79 269.49 305.37
amortisation for the year 2.10 4.47 1.41 87.72 95.70
disposals - - (0.21) - (0.21)
exchange fluctuations 0.44 - - 14.98 15.42
Balance as at March 31, 2019 12.85 14.25 16.99 372.19 416.28
amortisation for the year 2.08 4.51 1.84 97.50 105.93
transferred to discontinued operation (note 36) (0.02) - - - (0.02)
exchange fluctuations 0.85 - - 41.06 41.91
Balance as at March 31, 2020 15.76 18.76 18.83 510.75 564.10
Net Block as at March 31, 2019 6.74 6.64 6.08 7,351.88 7,371.34
Net Block as at March 31, 2020 7.20 5.11 8.49 7,931.68 7,952.48
* others include wagon rights provided by the Ministry of railways to carry goods at concessional freight.

9. (a) Investments in joint ventures
the group’s interest in joint ventures are accounted for using the equity method in the Consolidated Financial Statements.
Percentage of ownership
Following are details of investments in Joint ventures:
Interest
Country of As at As at
incorporation March 31, 2020 March 31, 2019
Indo Maroc phosphore S.a. ('IMaCId') Morocco 33.33% 33.33%
Joil (S) pte. ltd. ('Joil') Singapore 33.78% 33.78%
tata Industries ltd. India 9.13% 9.13%
the Block Salt Company ltd. united Kingdom 50.00% 50.00%

the group had no contingent liabilities or capital commitments relating to its interest in joint ventures as at March 31, 2020 and 2019. the
joint ventures have no other contingent liabilities or capital commitments as at March 31, 2020 and 2019.

267