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    Liabilites 2000 2001 Assets 2000 2001: Balance Sheet

    Uploaded by

    Giri Sukumar
    1) The balance sheet shows assets of $311,200 in 2000 and $311,600 in 2001 with corresponding liabilities. 2) The income statement shows sales of $200,000 and net profit of $74,500. 3) Cost of goods sold was $35,000 with a gross profit of $165,000 after deducting opening and closing stock. Operating expenses were $12,000.

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    Liabilites 2000 2001 Assets 2000 2001: Balance Sheet

    Uploaded by

    Giri Sukumar
    27 views9 pages
    1) The balance sheet shows assets of $311,200 in 2000 and $311,600 in 2001 with corresponding liabilities. 2) The income statement shows sales of $200,000 and net profit of $74,500. 3) Cost of goods sold was $35,000 with a gross profit of $165,000 after deducting opening and closing stock. Operating expenses were $12,000.

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    fund flow

    Original Title

    Funds Flow (1)

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    1) The balance sheet shows assets of $311,200 in 2000 and $311,600 in 2001 with corresponding liabilities. 2) The income statement shows sales of $200,000 and net profit of $74,500. 3) Cost of goods sold was $35,000 with a gross profit of $165,000 after deducting opening and closing stock. Operating expenses were $12,000.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    27 views9 pages

    Liabilites 2000 2001 Assets 2000 2001: Balance Sheet

    Uploaded by

    Giri Sukumar
    1) The balance sheet shows assets of $311,200 in 2000 and $311,600 in 2001 with corresponding liabilities. 2) The income statement shows sales of $200,000 and net profit of $74,500. 3) Cost of goods sold was $35,000 with a gross profit of $165,000 after deducting opening and closing stock. Operating expenses were $12,000.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 9

    Balance Sheet

    Liabilites 2000 2001 Assets 2000 2001

    Share capital 200000 200000 Good will 24000 24000


    General Reserve 28000 36000 Buildings 80000 72000
    P&L a/c 32000 26000 Plant 74000 72000
    Creditors 16000 10800 Investments 20000 22000
    Bills Payable 2400 1600 Stock 60000 46800
    Provision for Tax 32000 36000 Bills receivable 4000 6400
    Provision for Doubtful debts 800 1200 Debtors 36000 38000
    Cash &Bank Balances 13200 30400

    311200 311600 311200 311600


    Income Statement

    Particulars Rs Rs
    Sales 200000
    less: Cost of goods sold 10000
    Opening stock 40000
    Add: Purchase 50000
    Less: Closing stock 15000
    35000
    Gross Profit 165000
    Less: Operating Expenses 12000
    Operating profit 153000
    Less : Non Operating Expenses 4000

    Profit Before Tax 149000

    Less: Income Tax (50%) 74500

    Net Profit After Tax 74500


    Company Name:
    AUDITED STATEMENT OF FINANCIAL RESULTS
    FOR THE QUARTER ENDED JUNE 30,2010
    Ouater ended Year ended
    Particulars June 30,2010 June 30,2009 March 31,2010

    Income from Operations 5280.41 4422.22 21589.59


    Other Income 105.44 107.6 415.01
    Total Income 5385.85 4529.82 22004.6

    Expenditure
    Consumption of Raw Materials 606.58 548.78 2402.8
    Staff Cost 955.77 827.07 3679.08
    Fuel,Power,&Light 386.43 336.5 1367.57
    Depreciation 310.43 290.06 1259.95
    Other Expenditure 1544.21 1478.4 6607.9

    Total 3803.42 3480.81 15317.3

    Profit before interest and Tax 1582.43 1049.01 6687.3


    Interest 1.4 4.34 29.7

    Profit before Tax 1581.03 1044.67 6657.6


    Provision for Tax(Including Deferred Tax) 536.57 355.43 2264.24
    Provision for Fringe Benefit Tax 11 8 44

    Net Profit after Tax 1033.46 681.24 4349.36

    Paid -up Equity Share Capital 1785.99 1785.99 1785.99

    Reserve Excluding Revaluation Reserves 24246.61

    Basis and Diluted Earnings Per share-


    In Rupees - not annualised 5.79 3.81 24.35

    Aggregate of Public Shareholding


    -Number of Shares 6000151 6013831 6016002
    - Percentage of Shareholding 33.60% 33.67% 33.68%
    ASHOK LTDIncrease
    (+)
    Comparative Income Statement for the yearsDecrease(
    ending 2008 and 2009
    -) Increase(+)
    Amount(R Decrease(-)
    particulars 2008 2009 s) Percentages

    Sales 360728 417125 56397 15.63


    Less: Sales returns 5794 6952 1158 19.99

    354934 410173 55239 15.56


    Less:Cost of goods sold 231625 241950 10325 4.46

    Gross profit (A) 123309 168223 44914 36.42

    Operating Expenses

    Office Expenses 23266 27068 3802 16.34


    Selling Expenses 45912 57816 11904 25.93

    Total operating Expenses ( B ) 69178 84884 15706 22.70

    Operating Profit (A - B ) = C 54131 83339 29208 53.96

    Add: Other Incomes 5523 3206 -2317 (41.95)

    (D) 59654 86545 26891 45.08

    Less: Other Expenses ( E ) 2764 1925 -839 (30.35)

    Profit before Tax ( D -E ) =F 56890 84620 27730 48.74

    Less: Income Tax ( G ) 21519 40195 18676 86.79

    Net profit after tax ( F - G ) = H 35371 44425 9054 25.60


    Increase
    Comparative Balance Sheet
    (+)
    Decrease
    (-) Increase (+)
    31st Dec 31st Dec Amount Decrease (-)
    2000 2001 (Rs) Percentages
    Particulars Rs. Rs. %

    ASSETS :

    Current Assets :

    Cash at bank and in hand 50000 83000 33000 66


    Bills Receivable 20000 60000 40000 200
    Debtors 100000 125000 25000 25
    Stock 40000 50000 10000 25
    Perpaid Expenses 10000 12000 2000 20

    Total Current Asset (A) 220000 330000 110000 50

    Fixed Assets (B) 240000 350000 110000 46

    Total Assets A+B=C 460000 680000 220000 48

    LIABILITIES

    Current Liabilites

    Bank Overdraft 50000 50000 0 -


    Creditors 40000 50000 10000 25
    Proposed dividend 15000 25000 10000 67
    Proposed for taxation 20000 25000 5000 25

    Total current Liabilites (D) 125000 150000 25000 20

    Capital Reserve :

    Equity share capital 200000 330000 130000 65


    Preference Share capital 100000 150000 50000 50
    Reserves 20000 30000 10000 50
    Profit and loss a/c 15000 20000 5000 33

    (E) 335000 530000 195000 58

    Total Liabilites (D+E) 460000 680000 220000 48


    Commen Size Balance Sheet of XYZ LTD.., as at 31st March ,2008
    Particulars Amount(Rs) % to Total
    ASSETS
    Fixed Assets :
    Land 50000 5.3
    Buildings 110000 11.7
    Plant and machinery 250000 26.6
    410000 43.6
    Current Assets :
    Inventory
    Raw materials 80000 8.5
    Work in progress 50000 5.3
    Finished goods 160000 17.0
    Sundry debtors 210000 22.3
    cash at bank 30000 3.2

    TOTAL 940000 100.0

    Capital and Liabilties :


    Equity share Capital 250000 26.6
    preference share capital 100000 10.6
    General Reserve 160000 17.0
    Debentures 80000 8.5

    Current Liabilties :
    Sundry creditors 220000 23.4
    Creditors for Expenses 40000 4.3
    Bills payable 90000 9.6

    TOTAL 940000 100.0


    Company Name :
    Statement showing Changes in working Capital
    Increase Decrease
    in in
    Working Working
    Particulars 2000 2001 Capital Capital

    Current Assets

    Cash & Bank Balances 13200 30400 17200


    debtors 36000 38000 2000
    Bills receivable 4000 6400 2400
    stock 60000 46800 13200
    113200 121600
    Current liabilities

    Provision for doubtful debts 800 1200 400


    Bills payable 2400 1600 800
    Creditors 16000 10800 5200
    19200 13600

    Working Capital 94000 108000

    Increase in Working capital 14000 14000

    TOTAL 108000 108000 27600 27600

    Funds Flow Statement


    Soures Amount Applications Amount
    Funds from Operations 72000 Purchase of Plant 6000
    Tax Paid 34000
    Purchase of investments 2000
    Interim dividend Paid 16000
    Increase in Working Capital 14000

    72000 72000

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