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GENERATION NEXT FASHIONS LIMITED

Adjusted Trial Balance


Account Balances
Sales Revenue
Sub-Contract Revenue
Cost of Goods Sold
Administrative & Selling Expenses
Other Income
Financial Expenses
Workers Participantion/Welfare Funds
Workers Participantion/Welfare Funds Payable
Provision for Income Tax
Income taaxes Payable
Share Capital
Share Premium
Retained Earnings

Debit

1,128,014,588
84,380,206
72,294,857
214,177,648
15,488,790
15,488,790
27,644,980
27,644,980
871,650,000
250,000,000
601,665,018

Revaluation Surplus
Property, Plant & Equipment
Capital Works-in-Progress
Inventories
Accounts Receivable
Advances, Deposits and Pre-Payments
Cash & Cash Equivalents

Credit
1,674,087,945
5,454,225

506,889,888
1,746,304,786
951,364,652
554,719,980
504,355,503
191,550,025

Balance at January 01, 2012


Net Profit for the year

43,224,270

Long Term Loan


Accounts & Other Payables
Accrued Expenses
Bank Overdraft
Short Term Bank Credits
Deferred L/C Liabilities
Share Money Refundable
Current Maturity of Long Term Loans
5,461,225,428

220,950,172
18,843,850
120,360,599
46,438,284
866,864,309
70,068,920
32,523,591
60,000,000
5,461,225,428

NON-CUR
Property
Capital W

CURRENT
Inventor
Accounts
Advance
Cash & C

A+B

TOTAL AS

LONG TER

CURRENT
Accounts
Accrued
Bank Ove
Short Ter
Deferred
Share Mo
Current M
Workers
Income t

Bank Ove
Short Ter
Deferred
Share Mo
Current M
Workers
Income t
E

SHAREHO
Share Ca
Share Pre
Revaluat
Retained

C+D+E LIABILITIE

Income Statement
Sales Revenue
Sub-Contract Revenue
Cost of Goods Sold
Gross Profit
Administrative & Selling Expenses
Operating Profit
Other Income
Financial Expenses
Net Profit Before Tax and WPWFs
Workers Participantion/Welfare Funds
Net Profit Before Tax
Provision for Income Tax
Net Profit After Tax

1,674,087,945.00
5,454,225.00
1,128,014,588.00
551,527,582.00
84,380,206.00
467,147,376.00
72,294,857.00
214,177,648.00
325,264,585.00
15,488,790.00
309,775,795.00
27,644,980.00
282,130,815.00

OE Statement

alance at January 01, 2012


Net Profit for the year

Share Capital Share Premium Retained Earnings Revaluation Surplus


871,650,000
250,000,000
601,665,018
506,889,888
282,130,815
871,650,000
250,000,000
883,795,833
506,889,888

Balance Sheet
A

NON-CURRENT ASSETS
Property, Plant & Equipment
Capital Works-in-Progress

2,697,669,438
1,746,304,786
951,364,652

CURRENT ASSETS
Inventories
Accounts Receivable
Advances, Deposits and Pre-Payments
Cash & Cash Equivalents

1,293,849,778
554,719,980
504,355,503
191,550,025
43,224,270

A+B

TOTAL ASSETS

3,991,519,216

LONG TERM LOAN

CURRENT LIABILITIES & PROVISIONS


Accounts & Other Payables
Accrued Expenses
Bank Overdraft
Short Term Bank Credits
Deferred L/C Liabilities
Share Money Refundable
Current Maturity of Long Term Loans
Workers Participantion/Welfare Funds Payable
Income taaxes Payable

220,950,172
1,258,233,323
18,843,850
120,360,599
46,438,284
866,864,309
70,068,920
32,523,591
60,000,000
15,488,790
27,644,980

Bank Overdraft
Short Term Bank Credits
Deferred L/C Liabilities
Share Money Refundable
Current Maturity of Long Term Loans
Workers Participantion/Welfare Funds Payable
Income taaxes Payable
E

SHAREHOLDERS EQUITY
Share Capital
Share Premium
Revaluation Surplus
Retained Earnings

C+D+E LIABILITIES & SHAREHOLDERS EQUITY

46,438,284
866,864,309
70,068,920
32,523,591
60,000,000
15,488,790
27,644,980
2,512,335,721
871,650,000
250,000,000
506,889,888
883,795,833
3,991,519,216

Sales Revenue
Sub-Contract Revenue
Cost of Goods Sold
Gross Profit
Administrative & Selling Expenses
Operating Profit
Other Income
Financial Expenses
Net Profit Before Tax and WPWFs
Workers Participantion/Welfare Funds
Net Profit Before Tax
Provision for Income Tax
Net Profit After Tax

1,674,087,945
5,454,225
1,128,014,588
551,527,582
84,380,206
467,147,376
72,294,857
214,177,648
325,264,585
15,488,790
309,775,795
27,644,980
282,130,815

Balance at January 01, 2012


Net Profit for the year

Share Capital Share Premium Retained Earnings


871,650,000
250,000,000
601,665,018
282,130,815
871,650,000
250,000,000
883,795,833

Revaluation Surplus
506,889,888
506,889,888

Total
2,230,204,906
282130815
2,512,335,721

NON-CURRENT ASSETS
Property, Plant & Equipment
Capital Works-in-Progress

2,697,669,438
1,746,304,786
951,364,652

CURRENT ASSETS
Inventories
Accounts Receivable
Advances, Deposits and Pre-Payments
Cash & Cash Equivalents

1,293,849,778
554,719,980
504,355,503
191,550,025
43,224,270

A+B

TOTAL ASSETS

3,991,519,216

LONG TERM LOAN

CURRENT LIABILITIES & PROVISIONS


Accounts & Other Payables
Accrued Expenses
Bank Overdraft
Short Term Bank Credits
Deferred L/C Liabilities
Share Money Refundable
Current Maturity of Long Term Loans
Workers Participantion/Welfare Funds Payable
Income taaxes Payable

1,258,233,323
18,843,850
120,360,599
46,438,284
866,864,309
70,068,920
32,523,591
60,000,000
15,488,790
27,644,980

SHAREHOLDERS EQUITY
Share Capital
Share Premium
Revaluation Surplus
Retained Earnings

2,512,335,721
871,650,000
250,000,000
506,889,888
883,795,833

C+D+E LIABILITIES & SHAREHOLDERS EQUITY

220,950,172

3,991,519,216