Scribd
Upload
5 views

FRCG Assignment_2 Cash Flow

The document presents the financial statements for the period ending March 31, 2024, including a Profit & Loss statement showing a profit after tax of Rs. 3050 lakh, a balance sheet with total assets of Rs. 7910 lakh, and total shareholders' equity of Rs. 4730 lakh. Additionally, it details cash flow activities, highlighting a net increase in cash and cash equivalents of Rs. 110 lakh. The notes provide further insights into trade receivables, inventory changes, and liabilities.

Uploaded by

mohammedk-pgpism-2024-25
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
5 views

FRCG Assignment_2 Cash Flow

The document presents the financial statements for the period ending March 31, 2024, including a Profit & Loss statement showing a profit after tax of Rs. 3050 lakh, a balance sheet with total assets of Rs. 7910 lakh, and total shareholders' equity of Rs. 4730 lakh. Additionally, it details cash flow activities, highlighting a net increase in cash and cash equivalents of Rs. 110 lakh. The notes provide further insights into trade receivables, inventory changes, and liabilities.

Uploaded by

mohammedk-pgpism-2024-25
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 4

Amount Rs.

in Lakh)
1. Statement of Profit & Loss for the period ended 31st March 2024
SlNo Description
1 Sales 30650
2 Investment income 500
3 Total Income 31150
4 Rawmaterial Coal & Fuel 26000
5 Depreciation 450
6 Administration and selling Expenses 910
7 Interst Expenses 400
8 Foreign exchange Loss 40
9 Total Expenditure 27800
10 Profit Before tax 3350
11 income Tax 300
12 Profit After Tax 3050
2. balance Shhet as at 31st March 2024 Amount Rs. in Lakh)
31.3.2024 31.3.2023
Assets
1 Property Plant & Equipment 3730 1910
2 Accumulated depreciation 1450 1060
3 Property Plant & Equipment net of Depreciation 2280 850
4 Cash and Cash equivalent 230 160
5 Trade receivable 1900 1200
6 Inventory 1000 1950
7 portfolio Investment 2500 2500
8 Total Assets 7910 6660
Share holders equity
9 Share capital 1500 1250
10 Retained earning 3230 1380
11 Total share holders equity 4730 2630
Liabilities
12 Trade payble 250 1890
13 Interst Payble 230 100
14 Income Tax payble 400 1000
15 Long Term debts 2200 1040
16 Short term Borrowing 100 0
17 Total Liability 3180 4030
18 Total Liability & Share Holders equity 7910 6660
Cash Flow Statement
A Cash flow from operating Activities

Profit Before Taxation 3350


Adjustments
Add:
Depreciation 450
Foreign Exchange Loss 40
Interst Expenses 400 890
Less:
Investment income 500 500
3740
Increse in Trade receivable -500
Decrease in Inventory 1050
Decrease in Trade payble -1740
Total Cash used in working Capital -1190
Income Tax paid -900
Net Cash from Operating activities 1650

B Cash Flow from Investing Activity


Acquisition of Subsidiary -550
Purchase of PPE -350
Proceeds from Sale of equipment 20
Interst and investment income Received 400

Net Cash Used in Investing Activities -480


C Cash Flow from Financing Activity
Proceeds from issue of share capital 250
Proceeds from Long Term Borrowing 150
Proceeds from short Term Borrowing 100
Payment of Finance Lease liability -90
Interst Paid -270
Dividend paid -1200
Net Cash Used in Financing activities -1060

Net Increase in Cash & Cash Equivalent 110


Cash & Cash Equivalent Op.Balance 120
Cash & Cash Equivalent Cl.Balance 230

Note.1 Obtaining control of subsidiary


Cash 40
Inventories 100
Accounts recivable 100
PPE 650
Trade Payble -100
Long Term debt -200
Total Purchase price Paid in Cash 590
Less Cash of Subsidy X -40
Net Cash paid to obtain control 550

Note.2 Trade Receivable


Difference over Last Year 700
Aquired from Subsidiary -100
Includes Interst receivable -100
Cash used in Trade recivable 500

Note.3 Cash & Cash Equivalent 31.3.2024 31.3.2023


Cash and bank 230 160
Effect of Exchange Rate (loss) -40
Net Cash & Cash Equivalent 230 120

No.4 Opening Inventory 1950


Add _ Aquired through Subsidiary 100
Total 2050
Closing Inventory 1000
Net reduction in Inventory -1050

Note.5 Income Tax


Op Liability 1000
Add: Current Tax Liability 300
Closing Liability 400
Income Tax Paid 900

Note.6 Trade payble


Op Liability 1890
Add Transferred from subsidiary 100
1990
Closing Trade payble 250
Cash used for settlement of Trade payb 1740

Note 7 long term debt


opening 1040
add fresh lease for ppe 900
add aquired from subsidiary 200
add fresh borrowing 150
Total 2290
Less Closing Balance 2200
Cash usedLong Term borrowing Repaid 90

Note 8 Interst Payment


Opening Interst Payble 100
Interst Expenses during the Year 400
Total interst payble 500
Closing interst Payble 230
Cash used in interst payment 270

You might also like