MOHAMMED BILAL CHOUDHARY (JU2021MBA14574)

Questions:

1. List out the components that comes under Current Assets heading of ITC Company?

Answer: The components that comes under current assets are (a) Inventories, (b) Financial
Assets. Financial assets further consist of (i)Investments, (ii)Trade Receivables, (iii) Cash and cash
Equivalents, (iv) Other bank balances, (v)Loans, (Vi)others, (C) Other Current assets

2. List out the components that comes under Current Liabilities heading of ITC Company?

Answer:The liabilities of the ITC Company are (a) Financial Liabilities ,(i) Trade payables Like
Total outstanding dues of micro enterprises and small enterprises, Total outstanding dues of
creditors other than micro enterprises and small enterprises, (ii) Lease Liabilities, (iii) Other
financial liabilities,(b) Other current liabilities, (c) Provisions, (d) Current Tax Liabilities (Net)

3. How much is the Cost of Material Consumed for the year 2019-20?

Answer: Cost of materials consumed between the 2019-2020 is 13121.76 (Rupees in Crores)

4. What is the Earnings Per Share for the years 2018-19 and 2019-20?

Answer:

5. What is the total amount of Non-Current Liabilities for the year 2019-20 and list out the
items that comes under the heading Non-Current Liabilities?

Answer: Total amount of Non-current Liabilities is 2116.79(Rupees in Crores)

Non-Current Liabilities consists of (a) (a) Financial Liabilities, (i) Borrowings, (ii) Lease Liabilities,
(iii) Other financial liabilities, (b) Provisions, (c) Deferred tax liabilities (Net)

6. What is the total income of ITC Company for the financial years 2018-19 and 2019-20?

Answer: Total Income of ITC Company for the financial year 2018-2019 is 48268.93(Rupees in
Crores). Total Income of ITC Company for the financial year 2019-2020 is 49821.00 (Rupees in
Crores)

7. Furnish the items that come under the heading Plant, Property and Equipment’s? (Page
No:152, Note No:3A)

Answer: The items that come under heading plant, property and equipment’s is Land, Building,
Leasehold Improvements, Plant & Equipment, Furniture & Fixtures, Vehicles, Office Equipment,
Railway sidings.

8. Note down the list of Intangible Assets that comes under the heading Intangible Assets of
ITC Company? (Page No: 152, Note No:3C)

Answer: The Intangible assets of the ITC Company are Trademarks, Computer Software, Know
How, Business and Commercial Rights
9. What is the total amount outstanding under the heading Cash and Cash Equivalents of ITC
Company for the year 2019-20? And name the items that comes under the heading Cash and
Cash Equivalents? (Page No: 178, Note No: 11)

Answer: Total amount under heading and cash equivalents are 561.84 (Rs in Crores)
The items that comes under the heading cash and cash equivalents are Balances with Banks
(i) Current account, Cheques, drafts on hand, Cash on hand

10. What is the amount outstanding under the heading Authorized Share Capital and Issued and
subscribed Capital of ITC Company for the year 2019-20? (Page No:179, Note No:13)

Answer: The amount outstanding under the heading Authorized Share Capital and subscribed
capital of ITC company is Nil Outstanding amount to be collected

The Company can further issue 770.78 Crores as Capital

11. What is the total amount of Non-Current Assets for the year 2019-20 of ITC Company?

Answer: Total amount of Non-current Assets for the year 2019-2020 of ITC is 38728.45 (Rs in
Crores)

12. Enumerate the total expenses of ITC Company for the years 2018-19 and 2019-20?

Answer: Total expenses of ITC company for the years 2018-2019 is 29824.77 (Rs in Crores)

Total expenses of ITC company for the years 2019-2020 is 30522.08 (Rs in Crores)

13. Furnish the components that comes under the heading Employee Benefit Expenses? (Page
No: 184, Note No: 23)

Answer: The components that comes under heading employee benefit expenses is Salaries and
wages, Contribution to Provident and other funds, share based payments to employees, Staff
welfare expenses, [LESS] Recoveries made/reimbursements received

14. What is the total amount outstanding under the heading Other Incomes for the year 2018-
19 and 2019-20? And also list out the items that comes under Other Income Heading? (Page
No: 184, Note No: 22)

Answer: The total amount outstanding under heading other incomes for 2018-2019 and 2019-
2020 are 2018-19 = 2484.54 (Rs in Crores) & 2019-20 = 3013.66 (Rs in Crores)

The items under other income heading are Interest Income, Dividend Income, Other non-
operating income, other gains & losses

15. What is the amount outstanding under the heading Investments that comes under Non-
Current Assets of ITC Company for the year 2019-20?

Answer: The amount outstanding under the heading investments under current assets of ITC
Company for the year 2019-2020 are 13455.59 (Rs in Crores)

16. How much amount invested by ITC Company on Capital work-in-progress for the year 2019-
20?

Answer: The total amount invested by ITC company on capital work in progress for the financial
year 2019-2020 is 2776.31 (Rs in Crores)
17. What is the total revenue from operations of ITC Company for the year 2019-20?

Answer: Total revenue obtained from the operations of ITC Company for the year 2019-2020 is
46804.34 (Rs in Crores)

18. How much depreciation and amortization charged to Statement of Profit and Loss for the
years 2019-20?

Answer: The depreciation and amortization charged to the profit and loss for the year 2019-
2020 is 1563.27 (RS in Crores)

19. What is the total tax expenses paid by ITC Company for the years 2018-19 and 2019-20?

Answer: The total tax expenses paid by the ITC Company for the financial years 2018-2019 and
2019-2020 are 5485.88 (Rs in Crores) & 4650.14 (Rs in Crores)

20. Who are the Charted Accountants of ITC Company who prepared the financial statements
for the year 2019-20? (Page No: 139)

Answer: The charted Accounts of ITC Company who prepared the financial statements for the
year 2019-2020 are S R B C & CO LLP firm and the partner of the firm is Sudhir Soni