| Balance Sheet of Bharat Gas Ltd. as on 31 Mar. 2016 and 31 Mar. 2017 |
| Particulars | Note No. | Figures as the end of 2017
(₹) | Figures as at the
end of reporting 2016
(₹) |
| II) Assets | | | |
| 1. Non-current Assets | | | |
| a) Fixed assets | | | |
| i) Tangible assets | 1 | 12,40,000 | 10,20,000 |
| ii) Intangible assets | 2 | 4,60,000 | 3,80,000 |
| b) Non-current investments | 3 | 3,60,000 | 2,60,000 |
| Notes | 1 | Tangible assets = Machinery |
| 2 | Intangible assets = Patents |
| | | | | |
Notes
| Figures of current year | Figures of previous year |
| | |
| 1. Tangible Assets | | |
| Machinery | 12,40,000 | 10,20,000 |
| 2. Intangible Assets | | |
| Goodwill | 3,00,000 | 1,00,000 |
| Patents | 1,60,000 | 2,80,000 |
| 4,60,000 | 3,80,000 |
| 3. Non-current Investments | | |
| 10% long term investments | 1,60,000 | 60,000 |
| Investment in land | 1,00,000 | 1,00,000 |
| Shares of Amartex Ltd. | 1,00,000 | 1,00,000 |
| 3,60,000 | 2,60,000 |
| | |
Additional Information:
(a) Patents were written-off to the extent of ₹. 40,000 and some Patents were sold at a profit of ₹. 20,000.
(b) A Machine costing ₹. 1, 40,000 (Depreciation provided thereon ₹. 60,000) was sold for ₹. 50,000. Depreciation charged during the year was ₹. 1, 40,000.
(c) On March 31, 2016, 10% Investments were purchased for ₹. 1, 80,000 and some Investments were sold at a profit of ₹. 20,000. Interest on Investment was received on March 31, 2017.
(d) Amartax Ltd. paid Dividend @ 10% on its shares.
(e) A plot of Land had been purchased for investment purposes and let out for commercial use and rent received ₹. 30,000.