KASHMIRA COMMERCE CLASSES

Subject : FRA

TYBCBI
Marks : 30

Q.1 The following are figures in the Balance Sheet as on 31st March of an entity.
Particulars

2000
Rs.
Fixed Assets at Cost
80,000
Accumulated Provision for Depreciation (3/5 of wdv)
Current Assets
5,00,000
Working Capital
3,50,000
Long Term Borrowings
1,50,000

2001
Rs.
1,20,000
(5/7 of wdv)
6,00,000
4,30,000
(20% of Net
Capital
Employed)

2002
Rs.
1,60,000
(50% of cost)
7,20,000
5,20,000
50,000

2003
Rs.
2,00,000
(150% of wdv)
8,00,000
5,60,000
Nil

Net worth (excluding undistributed

Profits and losses)
2,00,000
?
4,50,000
?
Accumulated Profit & Loss Account
?
70,000
?
?
Prepare Balance Sheet in Vertical from and trend analysis in percentage from. Indicate for the year
ending 31-3-2003.
Q.2 Complete the following trend statement.
M/s. Tail Ltd.
Profit and Loss Accounts for the year ended 31st March
No.

Particulars

Years
2003
(Rs.)

2002
%

(Rs.)

(000)
1. Sales
2. Cost of Goods Sold
3. Trading Profit
4. Non-operating Income
5. Non-operating Expenses
6. Profit Before Interest &
Tax (PBIT)
7. Interest
8. Profit Before Tax (PBT)
9. Tax at 50% of PBT
10. Profit After Tax (PAT)

Base Year
2000

2001
%

(000)

(Rs.)

(Rs.)

(000)

(000)

2,000
1,500
?
?
16
?

100
?
?
50
?
?

?
1,280
?
135
8
?

80
100
?
90
?
?

?
?
?
?
?
?

120
110
?
60
40
?

?
?
?
?
10
?

?
?
?
?
?
?

60
?
?
?
3
?

?
?
?
?
30
?

120
?
?
?
?
?

600
?
?
?
90
?

40
?
?
?
?
410

?
?
?
?
?
?

?
?
?
?
?
?

?
?
?
?
?
?

11. Dividend
12. Net Earning

Solution :
Comparative Balance Sheet as on 31st March

Q.1
No.
Particulars

2000
Rs.

2001
Rs.

2002
Rs.

2003
Rs.
2000

SOURCE OF
FUNDS
1. Shareholders
Funds
A. Share Capital
B. Reserves &
Surplus

Trend %
Base Date : 31st March 2000
2001
2002
2003

I.

2. Loan Funds
Long Term
Borrowings
Total Funds
Available
(1 + 2)
II. APPLICATION OF
FUNDS
1. Fixed Assets
Less : Depreciation
2. Working Capital
A. Current Assets
B. Current Liabilities
Working Capital (a b)
Total Funds
Employed (1 + 2)

2,00,000
50,000
2,50,000

3,30,000
70,000
4,00,000

4,50,000
1,00,000
5,50,000

4,50,000
1,90,000
6,40,000

100
100
100

165.00
140.00
160.00

225.00
200.00
220.00

225.00
380.00
256.00

1,50,000
4,00,000

1,00,000
5,00,000

50,000
6,00,000

6,40,000

100
100

66.67
125.00

33.33
150.00

-160.00

80,000
30,000
50,000

1,20,000
50,000
70,000

1,60,000 2,00,000
80,000 1,20,000
80,000
80,000

100
100
100

150.00
166.67
140.00

200.00
266.67
160.00

250.00
400.00
160.00

5,00,000
6,00,000
7,20,000
8,00,000
(1,50,000) (1,70,000) (2,00,000) (2,40,000)
3,50,000
4,30,000
5,20,000
5,60,000
4,00,000
5,00,000
6,00,000
6,40,000
st
Amounts as on 31 March 2003

100
100
100
100

120.00
113.33
122.86
125.00

144.00
133.33
148.57
150.00

160.00
160.00
160.00
160.00

1. Fixed Assets Purchased (2,00,000 1,60,000)

40,000

2. Loan Repaid (50,000 Nil)

50,000

3. Increase in Working Capital (5,60,000 5,20,000)

40,000

No.

Particulars

Years
2003

1. Sales
2. Cost of Goods Sold
3. Trading Profit
4. Non-operating Income
5. Non-operating Expenses
6. Profit Before Interest &
Tax (PBIT)
7. Interest
8. Profit Before Tax (PBT)
9. Tax at 50% of PBT
10. Profit After Tax
11. Dividend
12. Net Earning
Q.2

Base Year

2002

2000

2001

Rs. (000)

Rs. (000)

RS. (000)

Rs. (000)

2,00,000
1,50,000
500.00
75.00
16.00
559.00

100.00
117.19
69.44
50.00
160.00
65.00

1,600.00
1,280.00
320.00
135.00
8.00
447.00

80.00
100.00
44.44
90.00
80.00
51.98

2,400.00
1,408.00
992.00
90.00
4.00
1,078.00

120.00
110.00
137.78
60.00
40.00
125.35

2,000.00
1,280.00
720.00
150.00
10.00
860.00

100
100
100
100
100
100

60.00
499.00

300.00
59.40

120.00
327.00

600.00
38.93

40.00
1,038.00

200.00
123.57

20.00
840.00

100
100

249.50
249.50
3.00
246.50

59.40
59.40
30.00
60.12

163.50
163.50
9.00
154.50

38.93
38.93
90.00
37.68

519.00
519.00
109.00
410.00

123.57
123.57
1,090.00
100.00

420.00
420.00
10.00
410.00

100
100
100
100