Page 34 - 16. COMPILER QB - INDAS 103

SOLUTION

(a) When 90% shares sold to independent party
Consolidated Balance Sheet of Trust Ltd. and its remaining subsidiaries as
on 31st March, 2018
Particulars Note No. (Rs. In ‘000)
I. Assets
(1) Non-current assets
(i) Property Plant & Equipment 1 950
(ii) Goodwill 2 100
(iii) Financial Assets
(a) Investments 3 128
(2) Current Assets
(i) Inventories 4 50
(ii) Financial Assets
(b) Trade Receivables 5 400
(c) Cash & Cash equivalents 6 2,050
Total Assets 3,678
II. Equity and Liabilities
(1) Equity
(i) Equity Share Capital 7 3,678
(ii) Other Equity 8 800
(2) Current Liabilities
(i) Financial Liabilities 1,978
(a) Trade Payables 9 900
Total Equity & Liabilities 3,678
Notes to accounts:

(Rs. In ‘000)
1. Property Plwant & Equipment
Land & Building 1620
Less: Trust Infocomm Ltd. (670) 950
2. Goodwill 190
Less: Trust Infocomm Ltd. (90) 100
3. Investments
Investment in Trust Infocomm Ltd. 128 128
(WN 2)
4. Inventories
Group 70
Less: Trust Infocomm Ltd. (20) 50
5. Trade Receivables
Group 850
Less: Trust Infocomm Ltd. (450) 400
6. Cash & Cash equivalents
Group (WN 3) 2,050 2,050
Trade Payables
Group 1,350
Less: Trust Infocomm Ltd. 450 900
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