Page 57 - 16. COMPILER QB - INDAS 103

SOLUTION

Consolidated Balance Sheet of Hold Ltd. and its subsidiary, Sub Ltd. as on 31st March, 2018
Particulars Note No. Rs
I. Assets
(1) Non-current assets
Property, Plant & Equipment 1 1,72,00,000
(2) Current Assets
Inventories 2 34,28,000
Financial Assets
Trade Receivables 3 19,96,000
Cash & Cash equivalents 4 4,50,000
Total Assets 2,30,74,000

II. Equity and Liabilities
(1) Equity
Equity Share Capital 5 1,00,00,000
Other Equity 6 99,84,000
(2) Current Liabilities
Financial Liabilities
Short term borrowings 7 16,00,000
Trade Payables 8 14,90,000
Total Equity & Liabilities 2,30,74,000
It may be noted that the consolidation adjustments in respect of tax effect, in particular, deferred tax effect
of temporary differences associated with fair value adjustments, determined in accordance with Ind AS 12

―Income Taxes‖, will affect the above consolidated balance sheet.

Notes to accounts
Rs
1. Property Plant & Equipment
Land & Building 86,00,000
Plant & Machinery 86,00,000 1,72,00,000
2. Inventories
Hold Ltd. 24,00,000
Sub Ltd. 10,28,000 34,28,000
3. Trade Receivables
Hold Ltd. 11,96,000

Sub Ltd. 8,00,000 19,96,000
4. Cash & Cash equivalents
Hold Ltd. 2,90,000
Sub Ltd. 1,60,000 4,50,000
7. Short-term borrowings
Bank overdraft of Hold Ltd. 16,00,000
8. Trade Payables
Hold Ltd. 9,42,000
Sub Ltd. 5,48,000 14,90,000

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