Page 194 - Crisil Annual Report 2023

7. Intangible assets under development
Software
Total
7.1 Ageing for intangible assets under development Ageing as at December 31, 2023:
Projects in progress
Projects temporarily suspended
Ageing as at December 31, 2022:
Project in progress 830
Projects temporarily suspended -
Integrity Insight Impact
(C lakh)
1,359
1,359
(C lakh)
(C lakh)
Particulars
As at December 31, 2023
As at December 31, 2022
3,086
3,086
Particulars
Amount in intangible assets under development for a period of
Total
Less than 1 year
1-2 years
2-3 years
More than 3 years
2,780
306
-
-
3,086
-
-
-
-
-
Particulars
Amount in intangible assets under development for a period of
Total
Less than 1 year
1-2 years
2-3 years
More than 3 years
134 261
- -
134 1,359
- -
7.2 Personnel expenses to the extent of C 1,424 lakh (Previous year: C 498 lakh) is considered for capitalisation as intangible assets.
7.3 As at December 31, 2023 and December 31, 2022, there were no project the completion of which was overdue or exceeded cost compared to original plan.
8. Investments
Unquoted equity investments carried at fair value through OCI (refer to note 8.1)
Equity Shares of National Commodity and Derivative Exchange Limited of C 10 each, fully paid up
Equity Shares of Caribbean Information and Credit Rating Agency of US $ 1 each, fully paid up
Sub - total (a)
Quoted equity investments carried at fair value through OCI (refer to note 8.1)
Equity Share of ICRA Limited of C 10 each, fully paid up (refer to note 8.2)
Equity Shares of CARE Ratings Limited of C 10 each, fully paid up
Sub - total (b)
Total non-current investments - (a + b)
1,875,000
300,000
1
2,622,431
2,779
382
3,161
-*
15,916
15,916 19,077
A. Non-current investments
As at December 31, 2023
As at December 31, 2022
Number of shares
C lakh
Number of shares
C lakh
1,875,000
2,582
300,000
276
2,858
1
-*
2,622,431
24,955
24,955
27,813
192 Annual Report 2023