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Question
Prepare a common-size statement of financial position for the following particulars of Yasmin Ltd. and Sakthi Ltd.
| Particulars | Yasmin Ltd |
Sakthi Ltd. |
| I. EQUITY AND LIABILITIES | ||
| 1. Shareholder's Fund | ||
| a) Share capital | 2,00,000 | 3,00,000 |
| b) Reserves and surplus | 50,000 | 60,000 |
| 2. Non-current liabilities | ||
| Long-term borrowings | 1,50,000 | 1,80,000 |
| 3. Current liabilities | ||
| Trade payables | 1,00,000 | 60,000 |
| Total | 5,00,000 | 6,00,000 |
| II ASSETS | ||
| 1. Non-Current assets | ||
| a) Fixed assets | 2,00,000 | 3,00,000 |
| b) Non-current investments | 50,000 | 1,20,000 |
| 2. Current assets | ||
| Inventories | 2,00,000 | 90,000 |
| Cash and cash equivalents | 50,000 | 90,000 |
| Total | 5,00,000 | 6,00,000 |
Solution
| Common Size B/s As on. | ||||
| Yasmin Ltd |
Sakthi Ltd. |
|||
| Particulars | Absolute Amount | % of total assets | Absolute amount | % of Total assets |
| I. Equity & Liabilities | ||||
| 1. Share holders Fund | ||||
| (a) Share capital | 2,00,000 | 40 | 3,00,000 | 50 |
| (b) Reserves & Surplus | 50,000 | . 10 | 60,000 | 10 |
| 2. Non-Current liabilities | ||||
| Long-term Borrowings | 1,50,000 | 30 | 1,80,000 | 30 |
| 3. Current liabilities | ||||
| Trade Payable | 1,00,000 | 20 | 60,000 | 10 |
| Total | 5,00,000 | 100 | 6,00,000 | 100 |
| II. Assets | ||||
| 1. Non- current assets | ||||
| (a) Fixed Assets | 2,00,000 | 40 | 3,00,000 | 50 |
| (b) Non-Current Investment | 50,000 | 10 | 1,20,000 | 20 |
| 2. Current Assets | ||||
| Inventories | 2,00,000 | 40 | 90,000 | 150 |
| Cash & Cash Equivalents | 50,000 | 10 | 90,000 | 15 |
| Total | 5,00,000 | 100 | 6,00,000 | 100 |
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