Corporate Financial Statements

1. Corporate Financial Statements Neetu Singhania CA,MBA,M.com

2. Statement of Profit and loss A/c in Vertical Format Company Name Ltd Statement of Profit and Loss for the year ended 31 March 2012

3. Statement of Profit and loss A/c in Vertical Format

4. Statement of Profit and loss A/c in Vertical Format

5. Statement of Profit and loss A/c in Vertical Format-Changes Revenue 1 Revenue from operations includes Sales 2 Other Income Includes Dividend Income,Interest Income and other Income Expense 1 Cost of materials Consumed=Opening Stock of Raw Material Purchases-Closing Stock. 2 Purchase of stock in trade -For trading Concerns goods purchased 3 Changes in inventories of Finished Goods,WIP & Stock in trade -Opening Stock- Closing Stock of All . 4 Employee Benefit Expenses - Salaries and Employee Benefits 5 Finance Costs -Interest Expense 6 Depreciation and Amortization 7 Other Expenses -Manufacturing Expenses ,Administrative Expenses, Selling and Distribution Expenses, Managerial Remuneration, Auditor's remuneration,Provision for Doubtful Debts,Other Expenses

6. Vertical Format of Balance sheet Name of the company Balance sheet as on …..

7. Vertical Format of Balance sheet

8. Vertical Format of Balance sheet

9. Changes in balance sheet Money received against share warrants- Share Warrants –Financial Instruments which gives the holder the right to acquire equity shares . So the person who holds the share warrant may exercise the option under it to acquire equity shares and might have paid money the company amount payable under the option and the shares are pending allotment and hence this money is shown as money received against share warrants . Share application money pending allotment

10. Important terms for understanding Balance sheet and Profit and Loss Account Working Capital Loan Funds Shareholder’s Funds Appropriation

11. Contents of Annual Report – Chairmen’s statement– Directors’ report– Operating and financial review– Review of operations– Statement of corporate governance– Auditors report– Statement of directors’ responsibilities for the financial statements– Shareholder information

12. Financial Information- a)Balance Sheet b)Profit and Loss Account c)Cash Flow Statement d)Notes to Accounts e)Accounting Policies G:\MMS\Copy of Schedule VI Revised.xlsx