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Deferred Charges, Net
 12 Months Ended
Mar. 31, 2020
Deferred Charges, Net.  
Deferred Charges, Net

7. Deferred Charges, Net

 

The analysis and movement of deferred charges, net is presented in the table below:

 

 

 

 

 

 

 

    

Drydocking

 

 

 

costs

 

Balance, April 1, 2018

 

$

1,574,522

 

Additions

 

 

955,372

 

Amortization

 

 

(529,100)

 

Balance, April 1, 2019

 

$

2,000,794

 

Additions

 

 

6,329,877

 

Amortization

 

 

(993,945)

 

Balance, March 31, 2020

 

$

7,336,726