Deferred Charges, Net

12 Months Ended

Mar. 31, 2022

Deferred Charges, Net.

Deferred Charges, Net

8. Deferred Charges, Net

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

	Drydocking
	costs
Balance, April 1, 2020	$	7,336,726
Additions		5,178,916
Amortization		(2,357,440)
Balance, March 31, 2021	$	10,158,202
Additions		2,869,210
Disposals		(298,852)
Amortization		(2,889,560)
Balance, March 31, 2022	$	9,839,000