Companies Act — Section 5

5. Regulatory Deferral Account Balances shall be presented in the Balance Sheet in accordance with the

relevant Indian Accounting Standards.

349

This Bare Act is a government source available in the public domain. It is being used strictly for educational purposes only

PART II – STATEMENT OF PROFIT AND LOSS

Name of the Non-Banking Financial Company…………………….

Statement of Profit and Loss for the period ended ………………………

(Rupees in ...................... )

Note No.

Figures for the current reporting period

Figures for the previous reporting period

Particulars

Revenue from operations

Interest Income

Dividend Income

Rental Income

Fees and commission Income

Net gain on fair value changes

Net gain on derecognition of financial instruments under amortised cost category

Sale of products(including Excise Duty)

Sale of services

Others (to be specified)

Total Revenue from operations

Other Income (to be specified)

Total Income (I+II)

Expenses

Finance Costs

Fees and commission expense

Net loss on fair value changes

Net loss on derecognition of financial instruments under amortised cost category

Impairment on financial instruments

Cost of materials consumed

Purchases of Stock-in-trade

Changes in Inventories of finished goods, stock-in-trade and work-in- progress

Employee Benefits Expenses

Depreciation, amortization and impairment

Others expenses (to be specified)

Total Expenses (IV)

Profit / (loss) before exceptional items and tax (III-IV)

Exceptional items

(i)

(ii)

(iii)

(iv)

(v)

(vi)

(vii)

(viii)

(ix)

(i)

(ii)

(iii)

(iv)

(v)

(vi)

(vii)

(viii)

(ix)

(x)

(xi)

(I)

(II)

(III)

(IV )

(V )

(VI )

(VII )

Profit/(loss) before tax (V -VI )

(VIII)

Tax Expense:

(1) Current Tax

(2) Deferred Tax

350

This Bare Act is a government source available in the public domain. It is being used strictly for educational purposes only

Particulars

Note No. Figures for the current reporting period

Figures for the previous reporting period

(IX)

(X)

(XI)

(XII)

Revenue from operations

Profit / (loss) operations(VII-VIII)

for the period from continuing

Profit/(loss) from discontinued operations

Tax Expense of discontinued operations

Profit/(loss) from discontinued operations(After tax) (X- XI)

(XIII)

Profit/(loss) for the period (IX+XII)

(XIV)

Other Comprehensive Income

(A) (i) Items that will not be reclassified to profit or loss

(specify items and amounts)

(ii) Income tax relating to items that will not be reclassified to profit or loss

Subtotal (A)

(B) (i) Items that will be reclassified to profit or loss

(specify items and amounts)

(ii) Income tax relating to items that will be reclassified to profit or loss

Subtotal (B)

Other Comprehensive Income (A + B)

(XV)

Total Comprehensive the period (XIII+XIV) (Comprising Profit (Loss) and other Comprehensive Income for the period)

Income

for

(XVI)

Earnings per equity share (for continuing operations)

Basic (Rs.)

Diluted (Rs.)

(XVII)

Earnings per equity share (for discontinued operations)

Basic (Rs.)

Diluted (Rs.)

(XVIII)

Earnings per equity share (for continuing and discontinued operations)

Basic (Rs.)

Diluted (Rs.)

See accompanying notes to the financial statements

351

This Bare Act is a government source available in the public domain. It is being used strictly for educational purposes only

Notes

GENERAL INSTRUCTIONS FOR PREPARATION OF STATEMENT OF PROFIT AND LOSS

1.

The provisions of this Part shall apply to the income and expenditure account, in like manner as they apply to a Statement of Profit and Loss.

2.

The Statement of Profit and Loss shall include:

(A) Profit or loss for the period;

(B) Other Comprehensive Income for the period.

The sum of (A) and (B) above is ‘Total Comprehensive Income’.