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  • Parent Company Limited-Consolidated Balance Sheet

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    The consolidated balance sheet shows the financial position of Parent Company Limited and its 75% owned subsidiary, Subsidiary Company Limited, as of March 31, 2020. It lists their individual and combined assets, which include property, plant and equipment, investments, inventories, receivables and cash, totaling Rs. 4,675 for the consolidated group. Equity and liabilities include share capital, retained earnings, debentures, loans and payables, with total equity of Rs. 2,875 and total liabilities of Rs. 1,175 and Rs. 625 for non-current and current liabilities respectively. The consolidated financial position represents the combined assets and capital of the parent and subsidiary.

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    Parent Company Limited-consolidated balance sheet

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    The consolidated balance sheet shows the financial position of Parent Company Limited and its 75% owned subsidiary, Subsidiary Company Limited, as of March 31, 2020. It lists their individual and combined assets, which include property, plant and equipment, investments, inventories, receivables and cash, totaling Rs. 4,675 for the consolidated group. Equity and liabilities include share capital, retained earnings, debentures, loans and payables, with total equity of Rs. 2,875 and total liabilities of Rs. 1,175 and Rs. 625 for non-current and current liabilities respectively. The consolidated financial position represents the combined assets and capital of the parent and subsidiary.

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    Download as XLSX, PDF, TXT or read online from Scribd
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    12 views1 page

    Parent Company Limited-Consolidated Balance Sheet

    Uploaded by

    rajamech30
    The consolidated balance sheet shows the financial position of Parent Company Limited and its 75% owned subsidiary, Subsidiary Company Limited, as of March 31, 2020. It lists their individual and combined assets, which include property, plant and equipment, investments, inventories, receivables and cash, totaling Rs. 4,675 for the consolidated group. Equity and liabilities include share capital, retained earnings, debentures, loans and payables, with total equity of Rs. 2,875 and total liabilities of Rs. 1,175 and Rs. 625 for non-current and current liabilities respectively. The consolidated financial position represents the combined assets and capital of the parent and subsidiary.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    Consolidated Balance Sheet as on March 31, 2020

    Parent Company Limited Subsidiary Company


    Particulars Parent Company Limited Subsidiary Company Limited Consolidated
    (75%) Limited (25%)

    ASSETS

    Non-current assets

    Property, plant and equipment

    Land Rs.1,000 Rs.125 Rs.93.75 Rs.31.25 Rs.1,125

    Plant Rs.750 Rs.50 Rs.37.5 Rs.12.5 Rs.800

    Vehicles Rs.500 Rs.50 Rs.37.5 Rs.12.5 Rs.550

    Rs.2,250 Rs.225 Rs.168.75 Rs.56.25 Rs.2,475


    Investment of 40 Lakhs shares of Subsidairy Company
    Rs.375 - - - -
    Limited (75% Shares)
    Total Non-Current Assets Rs.2,625 Rs.225 Rs.168.75 Rs.56.25 Rs.2,475

    Current assets

    Inventories Rs.500 Rs.200 Rs.150 Rs.50 Rs.700

    Trade receivables Rs.750 Rs.100 Rs.75 Rs.25 Rs.850

    Cash Rs.250 Rs.75 Rs.56.25 Rs.18.75 Rs.325

    Other Current Assets Rs.125 Rs.45 Rs.33.75 Rs.11.25 Rs.170

    Total Current Assets Rs.1,625 Rs.420 Rs.315 Rs.105 Rs.2,045

    Good will Rs.155

    Total assets Rs.4,250 Rs.645 Rs.483.75 Rs.161.25 Rs.4,675

    EQUITY AND LIABILITIES

    Equity

    Called-up share capital (Rs. 10 per share) Rs.1,750 Rs.125 Rs.93.75 Rs.31.25 Rs.1750

    Share premium account Rs.250 - Rs.250

    Retained earnings Rs.875 Rs.95 Rs71.25 Rs.23.75 Rs.875

    Total Equity Rs.2,875 Rs.220 Rs.165 Rs.55 Rs.2,875

    Non-current liabilities

    Debentures and Loans Rs.650 Rs.130 Rs.97.5 Rs.32.5 Rs.780

    Other Non-Current Liabilities Rs.250 Rs.145 Rs.108.75 Rs.36.25 Rs.395

    Total Non-Current Liabilities Rs.900 Rs.275 Rs.206.25 Rs.68.75 Rs.1,175

    Current liabilities

    Trade payables Rs.425 Rs.130 Rs.97.5 Rs.32.5 Rs.555

    Short-Term Borrowings Rs.50 Rs.20 Rs.15 Rs.5 Rs.70

    Total Current Liabilities Rs.475 Rs.150 Rs.112.5 Rs.37.5 Rs.625

    Total equity and liabilities Rs.4,250 Rs.645 Rs.483.75 Rs.161.25 Rs.4,675

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