Transactions

Sold 50% stock

40% of sales on credit

50,000

Salary for the period

Salary paid

20000
15000

Collection from old debtors

Purchased stock for cash
interest due but not paid
purchased shares
Dep

60%
25000
15000
20%

Balance Sheet
Sources
2010
2011
Capital
50,000 50,000
Retained Profit 80,000 81,925
9% Bonds
25,000 25,000
Creditors
10,000 10,000
OS expense
5,000
OS interest
2,250
165,000 174,175
Assets
Cash
60,000 49,175
Debtors
25,000 30,000
Plant
50,000 40,000
stock
30,000 40,000
Share
15,000
165,000 174,175

Income Statement
Incomes
sales
50,000
Expenses
COGS
Salary
interest
Dep

15,000
20,000
2,250
10,000
47,250

PBT
Tax 30%

2,750
825

PAT

1,925

CFS
opening
Receipts
Sales
collection
Payments
Salary
stock
Interest
Shares
tax

CIH

60,000

CFS
Opening 60,000

30,000
15000
105,000

CFF

15000
25000
0
15000
825
55825

CFO

49,175

CFI -15000

Closing

4,175
49,175

CFO (indirect)
PAT
1,925
add
dep
10,000
Interest
2,250
Change in WC
inc in debtor -5,000
Creditor
0
Inc in Stock -10,000
OS Expenses
5,000
CFO

4,175

Balance Sheet
Sources
2010
2011
Capital
50,000
50,000
Reserves
80,000
95,000
10% Loans
25,000
20,000
Creditors
10,000
3,500
165,000 168,500
Asset
Cash
60,000
73,500
Debtors
25,000
30,000
Plant
50,000
45,000
stock
30,000
20,000
165,000 168,500

Income Statement
Incomes
Sales
100,000
Dividend
8,000
108,000
Expenses
COGS
22,000
Salary
10,000
Depreciation
5,000
Interest
2,500
39,500
PBT 68,500
Tax
20,550
PAT 47,950

CFS
open
Receipts
Collection
Dividend
Payments
Salary
Interest
Tax
Creditors
Dividend
Loan
CIH

60,000
95,000
8,000
163,000
10,000
2,500
20,550
18,500
32,950
5,000
89500
73,500

CFS
Open

Closing

Workings
60,000

CFO 45,950
CFF -40,450
CFI
8,000
73,500

Debtors
opening
25,000

95,000
30,000

Creditors
open
10,000
add
Purchase12,000
less
Payment18,500
Closing 3,500

Reserves
opening
80,000
ADD
PAT
47,950
Less
Dividend
32,950
Closing
95,000

Stock
Opening 30,000
Add
Purchase12,000
Less
COGS 22,000
Clsoing 20,000

add
Sales
less
Collection
Closing

100,000

CFO
PAT
Dep
Interest
less
Dividend
WC
Creditors
Debtors
Stock

47,950
5,000
2,500
-8,000
-6,500
-5,000
10,000
45,950

Relevant Financial items of Mind Tree Limited for the year ending 31st March 2011 ( in mn)

Profit before tax

Depreciation and amortisation
Interest expense
Interest/dividend income
Profit on sale of fixed assets
Gains on dissolution of subsidiaries
Exchange gains difference on derivatives
Gains on translation of foreign currency
Increase in debtors
Decrease in current liabilities
increase in ST loans and advances given
Tax paid
Find CFO

1,526
712
4
68
1
221
136
4
454
73
313
534