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Cash Flow Statement—Based on Accounting Standard-3 (Revised) 3.15

II. ASSETS
1. Non-Current Assets
(a) Fixed Assets:
(i) Tangible Assets 5 5,20,000 7,00,000
(ii) Intangible Assets 50,000 1,00,000
(b) Non-current Investments (10% Non-current Investments) 1,60,000 60,000
2. Current Assets
(a) Inventories 50,000 60,000
(b) Trade Receivables 80,000 40,000
(c) Cash and Bank Balances 9,10,000 3,95,000
Total 17,70,000 13,55,000
Notes to Accounts
Particulars 31st March, 31st March,
2019 (`) 2018 (`)
1. Reserves and Surplus
Securities Premium Reserve
Opening Balance 75,000 75,000
Less: Share Issue Expenses Written off 40,000 ...
35,000 75,000
Capital Reserve ... 5,000
Surplus, i.e., Balance in Statement of Profit and Loss 3,15,000 1,25,000
3,50,000 2,05,000
2. Trade Payables
Trade Creditors 55,000 50,000
Bills Payable 20,000 50,000
75,000 1,00,000
3. Other Current Liabilities
Unpaid Dividend 20,000 ...
Unpaid Interest on Debentures 10,000 ...
30,000 ...

4. Short-term Provisions
Provision for Tax 65,000 50,000
5. Fixed Assets (Tangible)
Building 2,50,000 4,00,000
Plant and Machinery 2,70,000 3,00,000
5,20,000 7,00,000

Note: Proposed Dividend for the years 2017–18 and 2018–19 are ` 1,15,000 and ` 1,25,000 respectively.
Additional Information:
1. Interim Dividend of ` 50,000 was paid during the year.
2. Share Issue Expenses of ` 40,000 were incurred and written off during the year 2018–19 from
Securities Premium Reserve.
3. Tax of ` 60,000 was paid during the year.
4. Debentures were redeemed at par on 1st April, 2018 and Bank Loan was raised on the same date.
5. At the end of the year some Non-current Investments costing ` 40,000 were sold at a loss of 25%
and some Non-current Investments costing ` 20,000 were sold at a profit of 25%. Profit/Loss on
investments was adjusted against Capital Reserve. Additional Non-current investments were made
on 31st March, 2019.