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5.10 Analysis of Financial Statements—CBSE XII

Solution: COMPARATIVE BALANCE SHEET as at 31st March, 2023 and 2024
Particulars Note 31st March, 31st March, Absolute Change Percentage Change
No. 2023 2024 (Increase or (Increase or
` ` Decrease) (`) Decrease) (%)
(A) (B) (C = B – A)   D = C × 100  
 A 
I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
(a) Share Capital 25,00,000 25,00,000 ... ...
(b) Reserves and Surplus 5,00,000 6,00,000 1,00,000 20.00
2. Non-Current Liabilities
Long-term Borrowings 15,00,000 15,00,000 ... ...
3. Current Liabilities
(a) Short-term Borrowings 2,25,000 2,40,000 15,000 6.67
(b) Trade Payables 2,00,000 2,25,000 25,000 12.50
(c) Other Current Liabilities 50,000 55,000 5,000 10.00
(d) Short-term Provisions 25,000 30,000 5,000 20.00
Total 50,00,000 51,50,000 1,50,000 3.00
II. ASSETS
1. Non-Current Assets
(a) Property, Plant and
Equipment and Intangible
Assets—Property, Plant
and Equipment 30,00,000 36,00,000 6,00,000 20.00
(b) Non-current Investments 5,00,000 5,00,000 ... ...
2. Current Assets
(a) Inventories 7,50,000 5,50,000 (2,00,000)* (26.67)
(b) Trade Receivables 5,00,000 3,00,000 (2,00,000) (40.00)
(c) Cash and Cash Equivalents 1,50,000 1,75,000 25,000 16.67
(d) Other Current Assets 1,00,000 25,000 (75,000) (75.00)
Total 50,00,000 51,50,000 1,50,000 3.00

*If current year’s figure has decreased, show the Absolute Change and Percentage Change in brackets.
Illustration 6.
From the following summarised Balance Sheet of Green Ltd. as at 31st March, 2024,
prepare Comparative Balance Sheet:
(` in Lakhs)
Particulars Note No. 31st March, 31st March,
2024 (`) 2023 (`)
I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
(a) Share Capital:
(i) Equity Share Capital 60.00 60.00
(ii) Preference Share Capital 15.00 15.00
(b) Reserves and Surplus 18.00 15.00
2. Non-Current Liabilities
(a) Long-term Borrowings 1 45.00 45.00
(b) Long-term Provisions 2.30 2.00
3. Current Liabilities
(a) Trade Payables 2 13.20 12.00
(b) Short-term Provisions 1.00 1.00
Total 154.50 150.00