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Additional Information:
(i) Unallocated income (Net of expenses) is Rs. 1,50,00,000.
(ii) Interest and bank charges are Rs. 1,00,00,000.

(iii) Income tax expenses is Rs. 1,00,00,000 (Current tax Rs. 97,50,000 and deferred tax Rs. 2,50,000)
(iv) Unallocated investments are Rs. 5,00,00,000 and other assets are Rs. 5,00,00,000.
(v) Unallocated liabilities, reserve and surplus and share capital are Rs. 10,00,00,000, Rs. 15,00,00,000 and Rs.
5,00,00,000 respectively.
(vi) Depreciation amounts for paints and others are Rs. 50,00,000 and Rs. 15,00,000 respectively.

(vii) Capital expenditure for paints and others are Rs. 2,50,00,000 and Rs. 1,00,00,000 respectively.
(viii) Revenue from outside India is Rs. 31,00,00,000 and segment assets outside India is Rs. 5,00,00,000.
Based on the above information, how U Limited would disclose information about reportable segment revenue,
profit or loss, assets and liabilities and others for financial year 2020-2021. Ignore corresponding figures for
the previous year.

SOLUTION
Segment information
Information about operating segment

(1) the company’s operating segments comprise:
Paints: consisting of wall paints, lead paints, zinc paints, aluminum paints etc.
Others: consisting of primer, varnish, thinner and related products.
(2) Segment revenues, results and other information:

(Rs. in lakh)
Revenue Paints Others Total
1. External Revenue (gross) 10,000 3,500 13,500
GST (250) (150) (400)

Total Revenue (net) 9,750 3,350 13,100
Other operating Income 2,000 750 2,750
Total Revenue 11,750 4,100 15,850

2. Results
Segment results 500 200 700
Unallocated income (net of unallocated 150
expenses)
Profit from operation before interest, 850
taxation and exceptional items
Interest and bank charges (100)

Profit before exceptional items 750
Exceptional items Nil
Profit before taxation Income Taxes 750
-Current taxes
(97.5)

-Deferred taxes (2.5)
Profit after taxation 650
3. Other Information
25. 10