SCHEDULE OF OPERATING LEASES OBLIGATIONS |
SCHEDULE
OF OPERATING LEASES OBLIGATIONS
| |
Fiscal
Year 2024 | | |
Fiscal
Year 2023 | |
Right of Use Asset | |
$ | | |
$ | |
Beginning balance at March 31 | |
| 1,221,593 | | |
| 1,587,492 | |
New leases | |
| — | | |
| — | |
Amortization | |
| (198,275 | ) | |
| (178,320 | ) |
Ending balance at September 30 | |
| 1,023,318 | | |
| 1,409,172 | |
| |
2024 | | |
2023 | |
Lease Liability | |
$ | | |
$ | |
Beginning balance at March 31 | |
| 1,386,486 | | |
| 1,722,095 | |
New leases | |
| — | | |
| — | |
Repayment and interest accretion, net | |
| (219,283 | ) | |
| (190,864 | ) |
Ending balance at September 30 | |
| 1,167,203 | | |
| 1,531,231 | |
BIOTRICITY
INC.
NOTES
TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
SEPTEMBER
30, 2024 (Unaudited)
(Expressed
in US dollars)
| |
September 30,
2024 | | |
March 31,
2024 | |
Lease Liability | |
$ | | |
$ | |
Current portion of operating lease liability | |
| 493,190 | | |
| 457,371 | |
Noncurrent portion of operating lease liability | |
| 674,013 | | |
| 929,115 | |
|
SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS FOR LEASE OBLIGATION |
The
following table represents the contractual undiscounted cash flows for lease obligations as at September 30, 2024:
SCHEDULE
OF CONTRACTUAL UNDISCOUNTED CASH FLOWS FOR LEASE OBLIGATION
Calendar year | |
$ | |
2024 | |
| 552,293 | |
2025 | |
| 600,288 | |
2026 | |
| 565,359 | |
Total undiscounted lease liability | |
| 1,717,940 | |
Less imputed interest | |
| (550,737 | ) |
Total | |
| 1,167,203 | |
|