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Vertical Balance Sheet as at …………

Sources of Funds
A. Shareholders’ funds / Owned
a. Share capital
Equity share capital xx
Xx
Preference share capital xx
b. Reserves & Surplus
General Reserve
xx
Surplus
Less: Fictitious Assets (xx) xx
Misc Exp / P&L (Loss) /
Discount on issue of shares and Debenture
B. Loan funds
Loan from bank X
Bonds / Debenture X
Loan from FI x xx
Total Funds Employed xx
Application of Funds
A. Fixed Assets xx
B. Investments xx
C Working Capital
Current assets
Cash Xx
Bills Receivable Xx
Stock of FG Xx Xx
Short term Invest Xx
Debtors Xx
Less : Current Liabilities (Xx) xx
Short term loan Xx
Bank Overdraft Xx
Bills Payable Xx
Creditors Xx
Total Net Assets xx

Note: Shareholders Funds= Owners Funds = Net Worth

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