CIM FINANCE. INTEGRATED REPORT 2022 | 175 22. EQUIPMENT GROUP Equipment Vehicles Total Cost or Valuation MUR m MUR m MUR m At 1 October 2020 425.5 528.2 953.7 Additions 23.3 25.7 49.0 Scrapped assets (78.1) (0.5) (78.6) Disposals (8.2) (82.5) (90.7) Forex adjustment 0.1 - 0.1 At 30 September 2021 362.6 470.9 833.5 Additions 53.5 80.8 134.3 Effect of acquisition of subsidiary 4.4 19.3 23.7 Scrapped assets (15.4) - (15.4) Disposals (51.7) (130.1) (181.8) Forex adjustment (0.1) - (0.1) Disposal of subsidiary (0.4) (3.0) (3.4) At 30 September 2022 352.9 437.9 790.8 COMPANY Equipment Vehicles Total Cost or Valuation MUR m MUR m MUR m At 1 October 2020 - - - Amalgamation adjustment 430.5 693.3 1,123.8 Additions 22.9 25.7 48.6 Scrapped assets (78.1) (0.5) (78.6) Disposals (8.2) (82.2) (90.4) At 30 September 2021 367.1 636.3 1,003.4 Additions 52.5 80.8 133.3 Scrapped assets (15.5) - (15.5) Disposals (33.4) (123.9) (157.3) At 30 September 2022 370.7 593.2 963.9 Equipment Vehicles Total Depreciation and impairment MUR m MUR m MUR m At 1 October 2020 278.5 118.9 397.4 Charge for the year 53.7 86.2 139.9 Scrapped assets (77.9) (0.5) (78.4) Disposal adjustment (6.7) (59.7) (66.4) At 30 September 2021 247.6 144.9 392.5 Charge for the year 52.9 69.6 122.5 Effect of acquisition of subsidiary 4.0 10.7 14.7 Scrapped assets (15.5) - (15.5) Disposal adjustment (41.9) (97.3) (139.2) Disposal of subsidiary (0.2) (1.6) (1.8) At 30 September 2022 246.9 126.3 373.2 Equipment Vehicles Total Depreciation and impairment MUR m MUR m MUR m At 1 October 2020 - - - Amalgamation adjustment 282.1 288.3 570.4 Charge for the year 53.0 85.9 138.9 Scrapped assets (77.9) (0.5) (78.4) Disposal adjustment (6.6) (59.7) (66.3) At 30 September 2021 250.6 314.0 564.6 Charge for the year 52.2 68.0 120.2 Scrapped assets (15.5) - (15.5) Disposal adjustment (23.2) (91.9) (115.1) At 30 September 2022 264.1 290.1 554.2 Carrying value At 30 September 2022 106.0 311.6 417.6 At 30 September 2021 115.0 326.0 441.0 Carrying value At 30 September 2022 106.6 303.1 409.7 At 30 September 2021 116.5 322.3 438.8 Bank borrowings are secured by floating charges on all the assets of the Group (note 27) EXPLANATORY NOTES 30 SEPTEMBER 2022
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