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PTP.6 Analysis of Financial Statements—CBSE XII

II. ASSETS
1. Non-Current Assets
Property, Plant and Equipment
and Intangible Assets:
(i) Property, Plant and Equipment 27,50,000 30,00,000 2,50,000 9.10
(ii) Intangible Assets 6,00,000 5,00,000 (1,00,000) (16.67)
2. Current Assets
(a) Current Investments 7,50,000 7,50,000 0 0.00
(b) Trade Receivables 7,00,000 7,50,000 50,000 7.14
(c) Cash and Cash Equivalents 1,80,000 5,00,000 3,20,000 177.77
Total 49,80,000 55,00,000 5,20,000 10.44
Calculate Debt to Equity Ratio for the two years. (4)

6. Following is the Balance Sheet of GEC Ltd. as at 31st March, 2024:

BALANCE SHEET OF GEC LTD. as at 31st March, 2024
Particulars Note No. 31st March, 31st March,
2024 (`) 2023 (`)

I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
(a) Share Capital 7,00,000 6,00,000
(b) Reserves and Surplus 1 2,00,000 1,10,000
2. Non-Current Liabilities
Long-term Borrowings 3,00,000 2,00,000
3. Current Liabilities
Trade Payables 30,000 25,000
Total 12,30,000 9,35,000
II. ASSETS
1. Non-Current Assets
Property, Plant and Equipment and Intangible Assets:
—Property, Plant and Equipment (Machinery) 11,00,000 8,00,000
2. Current Assets
(a) Inventories 70,000 60,000
(b) Trade Receivables 32,000 40,000
(c) Cash and Cash Equivalents 28,000 35,000
Total 12,30,000 9,35,000

Note to Accounts
Particulars 31st March, 31st March,
2024 (`) 2023 (`)
1. Reserves and Surplus
Surplus, i.e., Balance in Statement of Profit & Loss 2,00,000 1,10,000
Adjustments:
During the year, a piece of machinery of the book value of ` 80,000 was sold for ` 65,000.
Depreciation provided on tangible assets during the year amounted to ` 2,00,000.
Prepare a Cash Flow Statement. (6)