CBSE 2022 · Region 1 · Set 1 · Q12

Following was the Balance Sheet of Bajaj Ltd. as on $\displaystyle 31$** March, $\displaystyle 2021$ : Bajaj Ltd. Balance Sheet as on $\displaystyle 2315$* March, $\displaystyle 2021$ Particulars Note $\displaystyle 31.03.2021$ $\displaystyle 31.03.2020$ No. ($\displaystyle 2$) ($\displaystyle 2$) I. Equity and Liabilities : 1. Shareholder's funds : (a) Share Capital $\displaystyle 19,00,000$ $\displaystyle 17,00,000$ (b) Reserves and Surplus $\displaystyle 1$ $\displaystyle 6,00,000$ $\displaystyle 3,00,000$ 2. NonCu1rent Liabilities : $\displaystyle 12$% long term borrowings $\displaystyle 5,00,000$ $\displaystyle 4,00,000$ 3. Current Liabilities : (a) Short term Borrowings $\displaystyle 2$ $\displaystyle 1,70,000$ $\displaystyle 1,75,000$ (b) Short term Provisions $\displaystyle 3$ $\displaystyle 2,00,000$ $\displaystyle 1,65,000$ Total $\displaystyle 33,70,000$ $\displaystyle 27,40,000$ II. Assets : 1. Non Current Assets : Fixed Assets (i) Tangible Assets $\displaystyle 4$ $\displaystyle 25,00,000$ $\displaystyle 21,00,000$ (ii) Intangible Assets $\displaystyle 5$ $\displaystyle 4,00,000$ $\displaystyle 3,00,000$ 2. Current Assets : (a) Current Investments $\displaystyle 1,40,000$ $\displaystyle 1,70,000$ (b) Inventories $\displaystyle 2,60,000$ $\displaystyle 1,30,000$ (c) Cash and Cash Equivalents $\displaystyle 70,000$ $\displaystyle 40,000$ Total $\displaystyle 33,70,000$ $\displaystyle 27,40,000$ Notes to Accounts Note $\displaystyle 31.03.2021$ $\displaystyle 31.03.2020$ Particulars No. ($\displaystyle 2$) ($\displaystyle 2$) $\displaystyle 1$ Reserves & Surplus : Surplus i.e. Balance in Statement of Profit and Loss $\displaystyle 6,00,000$ $\displaystyle 3,00,000$ $\displaystyle 2$ Short term borrowings : Bank Overdraft $\displaystyle 1,70,000$ $\displaystyle 1,75,000$ $\displaystyle 3$ Short term provisions : Provision for tax $\displaystyle 2,00,000$ $\displaystyle 1,65,000$ $\displaystyle 4$ Tangible Assets : Machinery $\displaystyle 25,00,000$ $\displaystyle 21,00,000$ $\displaystyle 5$ Intangible Assets : Goodwill $\displaystyle 4,00,000$ $\displaystyle 3,00,000$ Additional Information : (i) A machine of the book value of ₹ $\displaystyle 40,000$ was sold for ₹ $\displaystyle 50$,000. (ii) Depreciation charged on machinery during the year was ₹ $\displaystyle 2,00$,000. (iii) ₹ $\displaystyle 1,00,000$, $\displaystyle 12$% long term borrowings were obtained on 3132021. Calculate cash flows from investing and financing activities.