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Question - Concept of Cash Flow Statement

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Following is the Balance Sheet of SN Ltd as at 31-3-2015:

                                                     S.N Ltd Balance Sheet as at 31-3-2015

ParticularsNote No.31-03-2015 (Rs.)31-03-2014 (Rs.)

I. Equity and Liabilities

       1. Shareholder’s Funds

               a. Share Capital

               b. Reserve and Surplus

       2. Non - Current Liabilities

                a) Long – term borrowings

       3. Current Liabilities

                a) Short – term borrowings

                b) Short – term provisions

 

 

 

1

 

2

 

3

4

 

 

2,50,000

1,00,000

 

2,25,000

 

75,000

35,000 

 

 

2,00,000

(25,000)

 

2,50,000

 

25,000

45,000 

Total 6,85,000  4,95,000

 II. Assets

       1. Non – Current Assets

                a) Fixed Assets

                      Tangible assets

                      Intangible

                 b) Non – Current Investments

         2. Current Assets

                 a) Current Investments

                  b) Inventories

                  c) Cash and Cash Equivalents

 

 

 

5

6

 

 

 

7

 

 

 

 

5,01,500

10,000

50,000

 

25,000

53,500

45,000 

 

 

 

3,60,000

15,000

37,500

 

30,000

22,500

30,000 

 Total  6,85,0004,95,000 

 

Note No.Particulars31-3-2015 (Rs.)31-3-2014 (Rs.)

1.

 

Reserve and Surplus

(Surplus i.e. Balance in Statement of Profit and Loss)

 

1,00,000

 

(25,000)

  1,00,000(25,000)

2.

 

Long term borrowings :

12 % Debentures

 

2,25,000

 

2,50,000

  2,25,0002,50,000

3.

 

Short – term borrowings :

Bank Overdraft

 

75,000

 

25,000

  75,00025,000

4.

 

Short – term provisions

Provisions for tax

 

35,000

 

45,000

  35,00045,000

5.

 

 

Tangible Assets

Machinery

Accumulated Depreciation

 

6,01,500

(1,00,000)

 

4,10,500

(50,500)

  5,01,5003,60,000

6.

 

Intangible Assets

Goodwill

 

10,000

 

15,000

  10,00015,000

7.

 

Inventories

Stock in trade

 

53,500

 

22,500

  53,50022,500

Additional Information

(i) 12% Debentures were redeemed on 31-3-2015

(ii) Tax Rs.35,000 was paid during the year

Prepare Cash flow Statement

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Following is the Balance Sheet of K K Ltd as at 31-3-2015:

                                                          K.K. Ltd Balance Sheet as at 31-3-2015

ParticularsNote No.31-3-2015 (Rs.)31-3-2014 (Rs.)

I. Equity and Liabilities

        1. Shareholder’s Funds

              a. Share Capital

              b. Reserve and Surplus

         2. Non - Current Liabilities

              a) Long – term borrowings

         3. Current Liabilities

              a) Short – term borrowings

              b)Short – term provisions

 

 

 

1

 

2

 

3

4

 

 

10,00,000

4,00,000

 

9,00,000

 

3,00,000

1,40,000

 

 

8,00,000

(1,00,000)

 

10,00,000

 

1,00,000

1,80,000

Total 27,40,00019,80,000

II. Assets

     1. Non – Current Assets

               a) Fixed Assets

                     Tangible assets

                     Intangible assets

               b) Non – Current Investments

      2. Current Assets

                a) Current Investments

                b) Inventories

                c) Cash and Cash

 

 

 

5

6

 

 

 

7

 

 

 

 

20,06,000

40,000

2,00,000

 

1,00,000

2,14,000

1,80,000

 

 

 

14,40,000

60,000

1,50,000

 

1,20,000

90,000

1,20,000

Total 27,40,00019,80,000

 

Note NoParticulars31-3-2015(Rs.)31-3-2014(Rs.)

1.

 

Reserve and Surplus

(Surplus i.e. Balance in Statement of Profit and Loss)

 

4,00,000

 

(1,00,000)

  4,00,000(1,00,000)

2.

 

Long term borrowings :

12 % Debentures

 

9,00,000

 

10,00,000

  9,00,00010,00,000

3.

 

Short – term borrowings :

Bank Overdraft

 

3,00,000

 

1,00,000

  3,00,0001,00,000

4.

 

Short – term provisions

Provisions for tax

 

1,40,000

 

1,80,000

  1,40,0001,80,000

5.

 

 

Tangible Assets

Machinery

Accumulated Depreciation

 

24,06,000

(4,00,000)

 

16,42,000

(2,02,000)

  20,06,00014,40,000

6.

 

Intangible Assets

Goodwill

 

40,000

 

60,000

  40,00060,000

7.

 

Inventories

Stock in trade

 

2,14,000

 

90,000

  2,14,00090,000

Additional Information

(i) 12% Debentures were redeemed on 31-3-2015

(ii) Tax 1,40,000 was paid during the year

Prepare Cash flow Statement.

Following was the Balance Sheet of M.M Ltd at on 31.3.2015.

                                                        M.M. Ltd Balance Sheet as at 31-3-2015

ParticularsNote No.31-3-2015 (Rs.)31-3-2014 (Rs.)

I. Equity and Liabilities

        1. Shareholder’s Funds

              a. Share Capital

              b. Reserve and Surplus

         2. Non - Current Liabilities

              a) Long – term borrowings

         3. Current Liabilities

              a) Short – term borrowings

              b) Short – term provisions

 

 

 

1

 

2

 

3

4

 

 

5,00,000

2,00,000

 

4,50,000

 

1,50,000

70,000

 

 

4,00,000

(50,000)

 

5,00,000

 

50,000

90,000

Total 13,70,0009,90,000

II. Assets

     1. Non – Current Assets

               a) Fixed Assets

                     Tangible assets

                     Intangible assets

               b) Non – Current Investments

      2. Current Assets

                a) Current Investments

                b) Inventories

                c) Cash and Cash Equivalents

 

 

 

5

6

 

 

 

7

 

 

 

 

10,03,000

20,000

1,00,000

 

50,000

1,07,000

90,000

 

 

 

7,20,000

30,000

75,000

 

60,000

45,000

60,000

Total 13,70,0009,90,000

 

Note NoParticulars31-3-2015(Rs.)31-3-2014(Rs.)

1.

 

Reserve and Surplus

(Surplus i.e. Balance in Statement of Profit and Loss)

 

2,00,000

 

(50,000)

  2,00,000(50,000)

2.

 

Long term borrowings :

12 % Debentures

 

4,50,000

 

5,00,000

  4,50,0005,00,000

3.

 

Short – term borrowings :

Bank Overdraft

 

1,50,000

 

50,000

  1,50,00050,000

4.

 

Short – term provisions

Provisions for tax

 

70,000

 

90,000

  70,00090,000

5.

 

 

Tangible Assets

Machinery

Accumulated Depreciation

 

12,03,000

(2,00,000)

 

8,21,000

(1,01,000)

  10,03,0007,20,000

6.

 

Intangible Assets

Goodwill

 

20,000

 

30,000

  20,00030,000

7.

 

Inventories

Stock in trade

 

1,07,000

 

45,000

  1,07,00045,000

Additional Information

(i) 12% Debentures were redeemed on 31-3-2015

(ii) Tax Rs. 70,000 was paid during the year

Prepare Cash flow Statement.

S