Financial Statements-Schedule-III – Companies Act, 2013

(3)    (i) Notes to accounts shall contain information in addition to that presented in the Financial Statements and shall provide where required

a)      narrative descriptions or disaggregation’s of items recognised in those statements; and

b)      Information about items that do not qualify for recognition in those statements.

(ii) Each item on the face of the Balance Sheet and Statement of Profit and Loss shall be cross-referenced to any related information in the notesto accounts. In preparing the Financial Statements including the notes to accounts, a balance shall be maintained between providing excessive detail that may not assist users of financial statements and not providing important information as a result of too much aggregation

(4)    (i) Depending upon the turnover of the company, the figures appearing in the Financial Statements maybe rounded off as given below:—

(6)    For the purpose of this Schedule, the terms used herein shall be as per the applicable

(b) Reserves and Surplus

(c) Money received against share warrants

(b) Deferred tax liabilities (Net)

(c) Other Long term liabilities

(d) Long term provisions

(b) Trade payables

(c) Other current liabilities

(d) Short-term provisions

(i) Tangible assets

(ii) Intangible assets

(iii) Capital work-in-progress

(iv) Intangible assets under development

(b) Non-current investments

(c) Deferred tax assets (net)

(d) Long term loans and advances

(e) Other non-current assets

(b) Inventories

(c) Trade receivables

(d) Cash and cash equivalents

(e) Short-term loans and advances

(f) Other current assets

(c) it is expected to be realised within twelve months after the reporting date; or

(d) it is cash or cash equivalent unless it is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting date.

Their realisation in cash or cash equivalents

(c) It is due to be settled within twelve months after the reporting date; or

(d)The company does not have an unconditional right to defer settlement of the liability for least twelve months after the reporting cm Terms of a liability that could, at the option the counterparty, result in its settlement by the issue of equity instruments do not affect its classification.

c.       Par value per share.

d.      A reconciliation of the number of shares outstanding at the beginning and at the end of the reporting period.

e.      The rights, preferences and restrictions attaching to each class of shares including restrictions on the distribution of dividends and the repayment of capital.

f.        Shares in respect of each class in the company held by its holding company or its ultimate holding company including shares held by or by subsidiaries or associates of the holding company or the ultimate holding company in aggregate.

g.       Shares in the company held by each shareholder holding more than 5 per cent, shares specifying the number of shares held.

h.      Shares reserved for issue under options and contracts/commitments for the sale of shares/disinvestment, including the terms and amounts.

i.         For the period of five years immediately preceding the date as at which the Balance Sheet is prepared.

i.      Aggregate number and class of shares allotted as fully paid-up pursuant to contract(s) without payment being received in cash.

ii.      Aggregate number and class of shares allotted as fully paid-up by way of bonus shares.

iii.      Aggregate number and class of shares bought back.

j.        Terms of any securities convertible into equity/preference shares issued along with the earliest date of conversion in descending order starting from the farthest such date.

k.       Calls unpaid (showing aggregate value of calls unpaid by directors and officers).

l.         Forfeited shares (amount originally paid-up).

3) Securities Premium Reserve;

4) Debenture Redemption Reserve;

5) Revaluation Reserve;

6) Share Options Outstanding Account;

7) Other Reserves(specify the nature and purpose of each reserve and the amount in respect thereof);

8) Surplus i.e., balance in Statement of Profit and Loss disclosing allocations and appropriations such as dividend, bonus snares and transfer to/from reserves, etc.;

(Additions and deductions since last balance sheet to be shown under each of the specified heads);

(i) from banks.

(ii) from other parties

3) Deferred payment liabilities;

4) Deposits;

5) Loans and advances from related parties;

6) Long term maturities of finance lease obligations;

7) Other loans and advances (specify nature)

(ii) from other parties.

(iii) Loans and advances from related parties;

(iv) Deposits;

(v) Other loans and advances (specify nature).

3) Interest accrued but not due on borrowings;

4) Interest accrued and due on borrowings;

5) Income received in advance;

6) Unpaid Jividends;

7) Application money received for allotment of securities and due for refund and interest accrued thereon. Share application money includes advances towards allotment of share capital. The terms and conditions including the number of shares proposed to be issued, the amount of premium, if any, and the period before which shares shall be allotted shall be disclosed. It shall also be disclosed whether the company has sufficient authorised capital to cover the share capital amount resulting from allotment of shares out of such share application money. Further, the period for which the share application money has been pending beyond the period for allotment as mentioned in the document inviting application for shares along with the reason for such share application money being pending shall be disclosed. Share application money not exceeding the issued capital and to the extent not refundable shall be shown under the head Equity and share application money to the extent refundable, i.e., the amount in excess of subscription or in case the requirements of minimum subscription are not met, shall be separately shown under “Other current liabilities”;

8) Unpaid matured deposits and interest accrued thereon;

9) Unpaid matured debentures and interest accrued thereon;

10) Other payables (specify nature).

3) Plant and Equipment;

4) Furniture and Fixtures;

5) Vehicles;

6) Office equipment;

7) Others (specify nature).

3) Computer software;

4) Mastheads and publishing titles;

5) Mining rights;

6) Copyrights, and patents and other intellectual property rights, services and operating rights;

7) Recipes, formulae, models, designs and prototypes;

8) Licences and franchise;

9) Others (specify nature).

3) Investments in preference shares;

4) Investments in Government or trust securities;

5) Investments in debentures or bonds;

6) Investments in Mutual Funds;

7) Investments in partnership firms;

8) Other non-current investments (specify nature). Under each classification, details shall be given of names of the bodies corporate indicating separately whether such bodies are

(i) subsidiaries,

(ii) associates,

(iii) joint ventures, or

(iv) controlled special purpose entities in whom investments have been made and the nature and extent of the investment so made in each such body corporate (showing separately investments which are partly-paid). In regard to investments in the capital of partnership firms, the names of the firms (with the names of all their partners, total capital and the shares of each partner) shall be given.

3) Aggregate provision for diminution in value of investments.

3) Loans and advances to related parties (giving details thereof);

4) Other loans and advances (specify nature).

3) Doubtful.

3) Long term Trade Receivables, shall be sub-classified as:

(iii) Doubtful

Allowance for bad and doubtful debts shall be disclosed under the relevant heads separately.

Debts due by directors or other officers of the company or any of them either severally or jointly with any other person or debts due by firms or private companies respectively in which any director is a partner or a director or a member should be separately stated.

3) Investments in Government or trust securities:

4) Investments in debentures or bonds;

5) Investments in Mutual Funds;

6) Investments in partnership firms;

7) Other investments (specify nature).

(ii) associates,

(iii) joint ventures, or

(iv) controlled special purpose entities in whom investments have been made and the nature and extent of the investment so made in each such body corporate (showing separately investments which are partly paid). In regard to investments in the capital of partnership firms, the names of the firms (with the names of all their partners, total capital and the shares of each partner) shall be given.

3) Aggregate amount of unquoted investments;

4) Aggregate provision made for diminution in value of investments

3) Finished goods;

4) Stock-in-trade (in respect of goods acquired for trading);

5) Stores and spares;

6) Loose tools;

7) Others (specify nature)

3) Doubtful.

Allowance for bad and doubtful debts shall be disclosed under the relevant heads separately.

Debts due by directors or other officers of the company or any of them either severally or jointly with any other person or debts due by firms or private companies respectively in which any director is a partner or a director or a member should be separately stated.

3) Cash on hand;

4) Others (specify nature)

3) Doubtful.

1) Estimated amount of contracts remaining to be executed on capital account and not provided for;

2) Uncalled liability on shares and other investments partly paid;

3) Other commitments (specify nature).

(b) Purchases of stock-in-trade

(c) Changes in inventories of finished goods, work-in progress and stock-in-trade

(d) Employee benefits expense

(e) Finance costs

(f) Depreciation and amortisation expense

(g) Other expenses

(II) Deferred tax

(2) Diluted