XYZ Ltd.

Profit and Loss statement for the year ending March 31, 2013 Particulars Net Sales Less: Cost of Goods Sold Gross Profit Less: Selling and Administration Expenses Operating Profit Add: Non-operating Incomes/Gains Less: Non-operating Expenses/Loses Profit before Depreciation, Interest and Tax (PBDIT) Less: Depreciation and Amortization Profit before Interest and Tax (PBIT) Less: Interest Profit before Tax (PBT) Less: Provision for Tax Profit after Tax (PAT) Profit and Loss Appropriation statement for the year ending March 31, 2013 Particulars Profit after Tax Add: Profit and loss balance brought down Profit Available for Appropriation Less: Transfer to Reserves Less: Proposed Dividend Profit and Loss Balance carried forward to Balance Sheet Working Note No. Amount (Rs.) Working Note No. Amount (Rs.)

Working Notes: Net Sales = Sales Sales Return Excise Duty Net Purchases = Purchases Purchase Return Discount Earned + Carriage Inward + Octroi COGS = RMC + Direct Wages + Mfg. Overheads RMC = Opening Stock + Net Purchases Closing Stock SAE Depreciation and Amortization Proposed Dividend