Cashflow Satatement( Reshma)

PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED MARSH 31, 2007 Date

PARTICULARS INCOME Operating and other income

EXPENDITURE Employment Cost Administration & other expenses Financial expenses Bad Debts Depreciation

Net profit befor partner's er's remunaration & taxation Partner's Remunaration Taxes Net profit befor partner's remunaration BALANCE SHEET AS AT MARCH 31, 2007 SOURCES OF FUNDS Partner's Capital Secured/Unsecured loans Sundry Creditors

APPLICATION OF FUNDS Fixed assets Sundry Debtors Investments/Deposits Stock in trade Cash and Bank balance

AMOUNT 4976701.56 __________ 4976701.56 __________ 653547 2527062.22 942725.78 44000 3335676.19 __________ 7503011.19 __________ 2368231 (loss)

Faculty: HERE LOSS WI EXPENDITURE DIFFERENCE

158078 2526309 (loss)

717818.27 ### 2051063.92 __________ ### __________

2294559.84 3381242.68 69250 7663254 236124.85 __________ ### __________ PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 2006

Faculty: balance sheet distinction is (143563

INCOME Operating and other income

EXPENDITURE Employment cost Administration & other expenses Financial expenses Administration & other expenses Financial expenses Depreciation

Net profit before partner's remunation & taxation Partner's Remunaration Taxes Net Profit after partner's remunaration

4302112.3 _________ 4302112.3 __________ 474575 2383450.12 765473.03 2383450.12 240896.5 _________ 6247844.77 __________

1945732 83727 2029459

BALANCE SHEET AS AT MARCH 31,2006 SOURCES OF FUNDS Partner's Capita Secured / Unsecured loands Sundry Creditors

APPLICATION OF FUNDS Fixed Assets Sundry Debtors Investments/Deposits Stock in trade Cash and Bank balances

105457.15 ### 3329429.58 ___________ ### __________

1745166.02 3392242.07 13500 9272316 224729.85 _________ ### __________

ANS WORKING NOTES Calculation of cash from operating activities using usingIIndirect Method

Faculty: non cash expenses include bad de interest,depreciation, amortisation on sale of assets,preliminary expe

Calculation of cash from operating activities Net profit for before tax and extraordinary interms Add: Non -Cash expenses Depreciation Net profit before working Capital changes

315584.57 3335676.19 651260.76

Faculty: as per yo

only a lo

Faculty:

Faculty: as per yo

Add : Decrease in Current Assets: Sundry Debtors Stock in trade

only a lo

10999.39 1609062

Less: Decrease in current liabilities Sundry Creditors Net Cash flow from operating activities

### 2247166 TAX DEDUCTION ?

Faculty: bad debts fo financial exp 942725 depreciation total = 4322

cash flow from Investing activities Fixed Assets Investments/Deposits Net cash form investing activities

549393.82 55750 616538.82

Cash flow from financing activities Partner's capital Secured/Unsecured loands Net cash from financing activities

612361.12 1098118.51 1710479.63

Net cash Inverse

4574183

Faculty: INVESTMENT/DEPOSIT 2006 = 13500 FOR 2007 = 69250

Faculty: TAX 158078 SHOULD ALSO DEDUCT

Faculty: AS A RESULT ANSWER IS ALSO WRONG CORRECT ANSWER IS = 549393 LESS : INVESTMENT = (55750) NET CASH FLOW FROM INVESTMENT ACTIVITES = 493643 Faculty: IT IS A BIG BLUNDER CASH DIFFERENCE IS = 11395 ADD ; OPENING CASH BAL (2006) CLOSING CASH BAL

(2007)

= 224729 = 236124

THEN ONLY THE STATEMENT SAY VALID BUT HERE IT IS NOT POSSIBLE TO GET THE SUFFICIENT ANSWER BECUASE OF LACK OF ACCURACY IN PRIMARY DATAT ITSELF AND HUGE DEVIATION IN CASH INFLOW AND OUTFLOW EVEN PRIOR DATA U HAVE SHOWN AS PROFIT BUT ACTUALLY LOSS WILL OCCUR.

LACK OF PROPER INFORMATION ITSELF IS BIG CONSTARAINT TO SECURE VALID ANSWER

Faculty: HERE LOSS WILL OCCUR NOT PROFIT REASON EXPENDITURE > INCOME = 7503011 > 4976701 DIFFERENCE ( LOSS) = 2368231

Faculty: balance sheet distinction is (1435636)

balance sheet wont tally distinction (1435636)

Faculty: balance shee of march 31/2007 wont tally (1435636)

Faculty: income - expenditure = profit here income = 4302112 expenses =

loss for 2006

Faculty: non cash expenses include bad debts , interest,depreciation, amortisation,loss on sale of assets,preliminary expenses.

Faculty: as per your information there is no profit for this year 2007 only a loss of (236831) defined

Faculty:

Faculty: as per your information there is no profit for this year 2007 only a loss of (236831) defined

Faculty: bad debts for year = 44000, financial expenses(interest) = 942725 depreciation = 3335676 total = 4322401 Faculty: INVESTMENT/DEPOSIT 2006 = 13500 FOR 2007 = 69250

Faculty: TAX 158078 SHOULD ALSO DEDUCT

Faculty: CBOP(CASH FLOWS FROM BUSINESS OPERATIONS) IS WRONG BECAUSE NET LOSS FOR YEAR = (236831) ADD: NON CASH & OPERATING = 4322401 EXPENSES NET PROFIT/LOSS BEFORE WORKING CAPITAL CHANGES = 4085570 WORKING CAPITAL CHANGES

Faculty: AS A RESULT ANSWER IS ALSO WRONG CORRECT ANSWER IS = 549393 LESS : INVESTMENT = (55750) NET CASH FLOW FROM INVESTMENT ACTIVITES = 493643

WER BECUASE OF TION IN CASH ROFIT BUT

NT TO SECURE

= 330697

( CA = 11000 + 1609062 = 1620062 LESS = (1278365) LESS : TAX CBOP

= (158078) = 4258189