Page 234 - MA-12

Final Accounts of Companies—Application of Schedule III, Part I... 9.23

Notes to Accounts (` in ’000)

Particulars `
1. Share Capital
Authorised Capital
... Equity Shares of ` 100 each ...
... 12% Preference Shares of ` 100 each ... ...
Issued Capital
50,000 Equity Shares of ` 100 each 5,000
40,000, 12% Preference Shares of ` 100 each 4,000 9,000
Subscribed Capital
Subscribed and fully paid-up
50,000 Equity Shares of ` 100 each 5,000
20,000 Preference Shares of ` 100 each 4,000 9,000
2. Reserves and Surplus
Surplus, i.e., Balance in Statement of Profit and Loss (opening balance) ...
Add: Loss as per Statement of Profit and Loss (1,800) (1,800)
3. Long-term Borrowings
10% Debentures 2,000
Premium on Redemption of Debentures 200
2,200
4. Long-term Provisions
Employees’ Earned Leave payable on Retirement 450
5. Short-term Borrowings
Short-term Bank Loan 450
6. Other Current Liabilities
Calls-in-Advance 50
7. Non-Current Investments
20,000; 12% Debentures of Tata Steel (` 100 each) 2,000
10% Debentures of Reliance Ltd. (500 × 4/5th Redeemable after 12 months) 800
Investment in Land and Building 2,000
4,800
8. Other Current Assets
Prepaid Expenses 500
Interest Accrued on Debentures of Tata Steels 120
620

Note: Proposed Dividend ` 2,00,000.