The Total solution for NCERT class 6-12
(₹ in ‘000)
Particulars
Note No.
31st March 2017 (₹)
31st March 2016 (₹)
I) Equity and Liabilities
1. Shareholders’ Funds
a) Share capital
50,000
40,000
b) Reserves and surplus-Surplus
1
3,700
3,000
2. Non-Current Liabilities
10% Debentures
6,500
6,000
3. Current Liabilities
a) Short-term borrowings
2
6,800
12,500
b) Trade payables
11,000
12,000
c) Short-term provisions
3
10,000
8,000
Total
88,000
81,500
II) Assets
1. Non-current assets
a) Fixed assets
4
25,000
30,000
2. Current assets
a) Inventories
35,000
b) Trade receivables
24,000
20,000
c) Cash and cash equivalents-cash
3,500
1,200
d) Other current assets-prepaid exp.
500
300
Notes to Accounts
31st March
2017
(₹)
31st March2016
1.
Reserve and surplus
(i) Balance in statement of profit and loss
1,000
(ii) General reserve
2,500
2,000
2.
Short-term borrowings
Bank Overdraft
3.
Short-term provisions
(i) Provision for taxation
4,200
(ii) Proposed dividend
5,800
5,000
4.
Fixed Assets:
Fixed Assets
41,000
Less: Accumulated Depreciation
(15,000)
(11,000)
Cash Flow Statement of Computer India Ltd.
(‘00,000)
Amount
₹
A.
Cash Flow from Operating Activities
Profit as per Balance Sheet (1,200 – 1,000)
200
Proposed Dividend
General Reserve
Provision for Taxation
Net Profit before Tax and Extraordinary items
10,700
Items to be added
Provision for Depreciation
4,000
Interest paid on Debentures
600
4,600
Operating Profit before Working Capital changes
15,300
Adjustments
Less:
Increase in Current Assets
Trade Receivables
(4,000)
Inventories
(5,000)
Prepaid Expenses
(200)
(9,200)
6,100
Decrease in Current Liabilities
Trade Creditors
(1,000)
Cash generated from Operating Activities
5,100
Income Tax Paid
(3,000)
Net Cash from Operation
2,100
B.
Cash Flow from Investing Activities
Sale of Fixed Assets
Net Cash from Investing Activities
C.
Cash Flow from Financing Activities
Issue of Equity Shares
Issue of 10% Debentures
Dividend paid
Interest paid
(600)
Net Cash from Financing Activities
4,900
D.
Net Increase in Cash and Cash Equivalent (A+B+C)
Add:
Cash and Cash Equivalent in the beginning
Cash
Bank overdraft
(12,500)
(11,300)
E.
Cash and Cash Equivalents at the end
(6,800)
(3,300)