Given below is Balance Sheet of Moris Technology as on 31.3.2010 and t during 2010-11.

Prepare (i) Profit and Loss Statement for the year ended on 31.3.2011 , (2) Balance Sheet as on 31.3. 2011 and (3) Cash Flow Statement for the year ended on 31.3.2011.

Rs. in Million Balance Sheet 31.3.2010 31.3.2011 Assets Not-current Assets Property , Plant & Equipment Investment Current Assets Inventories Trade Receivables Cash & Cash Equivalents Other Current Assets

1860 2500 4360 700 500 960 200 2360 6720

5170 0 5170 500 550 5295 800 7145 12315

Rs. in Million Profit and Loss Statement for the year ended on 31. Income Sales Income from Investment Other Income Expenses Purchases Inventories Closing Inventories Salaries and expenses Depriciation Interest Provision for Bad Debt

Total Assets Equity & Liabilities Equity Equity Share Capital Retained Earnings Non-current Liabilities 10% Loans 9% Bonds Issued Current Liabilities Trade Payables Other Current Liabilities Outstanding tax

1000 3000 4000 2000 2000 520 200

1000 4643.13 5643.13 2000 3000 5000

Profit Before Tax Tax Profit After Tax

620 520 531.88 720 1671.88 Total Liabilities 2720 6671.88 Total Equity & Liabilities 6720 12315 (1) Property , Plant & equipment - Gross value, accumulated depreciation , current depreciation and net value Rs. in Million Accumulated depreciation Gross 1.4.2010 Property , Plant & Equipment Land 500 0 Building 600 360 Machinery 3000 4000 2000 Furniture & Equipment 300 180 4400 2540 A machinery costing Rs. 4000 was purchased on 1.7.2010. (2) Sales & Collection Cash sales Credit sales Collection Rs. in Million 2000 9000 8900

Interest paid Interest on Bond for 6 month

Outstanding (3) Purchases and Payment Cash purchases Credit purchases Payment to trade payables 2000 3000 2900

(4) Salaries & expenses Paid during the year 2000 Outstanding at the end 500 Prepaid Expenses 100 (5) Interest on Loan paid 180 Outstanding 20 Interest on Bond paid for 6 months (6) Provision for Bad debt 50 (7) Bonds Issued on 1.10.2010 3000 9% interest (8) Dividend for 2010-11 paid 500 (9) Closing Inventories 500 (10) Income from investment 500 (11) Advance Tax paid 500 (12) Current Tax rate 32.5% : Charge on PBT (13) Advance given to contractor 500 (14) Security deposit made with Government authorities 200 (15) Invetsments costing 2500 sold for 2850

Note: Tax Advance Tax Paid Outstanding Tax

ogy as on 31.3.2010 and transactions

ar ended on 31.3.2011 ,

31.3.2011.

Rs. in Million atement for the year ended on 31.3.2011 Cash Flow Statement I. Cash flow from Operating Activities 11000 Cash Sales/Collection from creditors 13750 500 Cash Purchases/ Payment to Trade receivables -4900 350 Paid Expenses -2000 11850 Advance Payment to Contractor -500 Security Deposit with government -200 5000 6150 700 500 II. Cash Flow from Investing activities 5200 Purchase of Machinery -4000 2400 Income from Investement 500 690 -3500 335 50 III. Cahs Flow from Financing Activities Interest Paid -315 8675 Bonds Issued 3000 3175 Dividend Paid -500 1031.88 Advance Tax paid -500 2143.13 1685 Net Cash Flow Opening Cash Balance from CCE Closing Cash Balance 4335 960 5295

depreciation and net value Depreciation 0 30 600 60 690 Acc Depn 311.3.2011 0 390 2600 240 3230 Net 31.3.2010 31.3.2011 500 240 1000 120 1860 500 210 4400 60 5170

180 135

20

1031.88 500 531.88