Ind As 20 Accounting for Govt Grant 2

Disclosure of Govt
Assistance
te te te te YR y
my tonal
1
Meaning 2 Exclusionsfrom 3 Recognition 4 Accounting 5 Refund g
less
Accounting of for Go than
Got Grant Grant Mkt
Govt Grant rate of
Interest

4 Alding for Govt Grant

I
Non Monetary Grant
Monetary Grant
cash In kind eg PPEland

DAG Deferred Gout Grant

Non
Monetary Grant

Depreciable Asset leg Machinery Non Depreciable Asset

life 5yrs He
Fair value 10 crores
eg land
I
I next
page
Method1 immaterial 21,210,2100 method 2
Record at Nominal value Record Both Fair value

EE EE
Macht Al Dd 71 Mam's Ale Da Floor Bls Asset
TO GG y To Alc 2 10 er 131s AdvIne Uab
DIE
Deferred Govt Grant

TEn Ler DAG Climatebe Ler

TOMacky 2er TO PIL GG All Ler
 ur lend
teased
BIS
pgin her GÉ her

Datt for Mam's Per

PIL Co can Net off

option with the
Bls No net off Co

Non Depreciable Asset Leg Land

I tree 1
eg land Method 2
Method 1 FY roar
He
Record at Nominal Value Record Fair value

IE Land All Da Fl IE Land Alc Dd Ocr

TO alt Ale F1 TO D G G Ale iab Ocr

to
Unconditional Conditional
Grant Grant
H
Dy Fall Grant Pll leg Suvs land usedfor
specified purpose
DAG PIL tf over
5 yrs

II Dayphaser
 Monetary Grant In cash
H
For Depreciable Asset Non Depreciable Grant for any Exp
Asset Incurred Revenue
Grant

For Depreciable Asset

eg Maents 104 life 5am
GG I 3er in Cash

Method 1 Method 2
Record the Asset Record Asset Grant Fairvalue
net of Grant
Thad Ale Da to er
Dd
Dad IE nach't Aleph
10cg
to CIB Ak Ocr
To CIB
CIB Ale Da 3 or
CIB ALC Dd 30 TO DA 3er
To Meech't GGAdgfrom Bcr
cost
4rad DeprnAec2er DGG
AleDq0
Met Fer paachinelcalue.C
Tornachy 2W To Pll OGer

artery pie vend 301am

Deprn ther pafI.TTaens8erpeprnaeraa o.Ger
TO Machy 1 her
Nonetoff Met off Allowed
 Monetary Grant
Non Depreciable asset G land to er
GG Ber in cash
I
to 1
Method1 Method 2
He He
Record net of Record Both
grant Fairlane
IE Land All Da lo cr EE land Alc Da tour
TO CIB locr TO CIB All 100

CB Ale Da 3W CIB Ber

To Land 3er TO DAG Bar

do I
Unconditional conditional
Land For
µ
Grant Grant
PIL legSars condition
Day
Trf Datt to PIL over
the period of conditions

Grant for Any Exp Incurred leg Gout

reimburses salaryexp

u ti i
Grant rec'd to Grant read to Grant to Reimb

reimburse Exp of Reimb Expof 3yrs pastexpincurred

yr He w
He

GG PILS lur GA PIL Bars GG PIL Day

 Refund
of Gout Grant
I I
when Grant was when Grant was read when Grant was
it was trf to DAG
read it was fully are cog in pie over the read It was
period
tf to Pll leg Day Daft zer app adjustedagainst cos
He
54nsa of Asset
J E Refund Refundafter 3yrs
peg He
PIL Refund of GG Alc Dd Datt Bal after3yrs 1 2er
Jor J E Refund
To CIB Ale Iger
3amPly
J E Refundafter 34ns PPE Alc Da
D GG Ker TO CIB xx
PIL CBIf per
PRE c A changes
To CIB AK 30 H
s changesprosp
Deprn

Loan at less than that Rate of Jut Direct Clues

I'Y et Fl
Yr
o 501Cinflow
1 5 12
540 a outflow coupon
shyrend 504 outflow Prine

Fox of FL Relationship Is GovtGrant File Prof FCF Eir

step He
Got A Co

2 5L X A F of Sars 127
SO LX D F of 5thyr 127
37 38 328

Step Diff Btw FY UT P

50 00,000 I 37,38 328
1261672 Got Grant D GG Ind AS 20

Steph EIR 12

Step 5 LAT F L Hw

ur Opr Jut 127 Repayment cis

I
2

y
5
JE
Dad CIB Ale Da 50 00,000

TO Fin liab Alc 37 38,328

TO D G G Alc 12,61 672 loan ke period i e
OTP of Sqn

Treatment of Datt depends on for what

purpose the
loan
was used s Refer illust 5

Illustration 17

Off 12m 50k Gm 25k

31 3 41 31031 2 cutoff 10k 30 091 2

it
For Bls Pll Extracts Refer O B

If no cost Ratiogiven then Book GG

equally each yr i e in the ratio of yrs
GG to be tof to
Pll from
At
If cost ratio is given then Book in the
ratio of cost each year
Illust 18 LDR
Yr 40,000
Total Grant Relable qq.gg 9r2 2 10,000
483 10,000

Yr 1 Yr 2 9r3
Recruitment 39000
cost

wage Bill 1,001000 1,101000 1 20,000

Total Cost 1,39000 1 10,000 1,20 000 3 60,000

Total Grant of 60,000 aid betoftople in the ratio of exp

JE CEU Notasked
41 CIB
to Dag Iok
Dad CIB Alc Da 40,000
TODAY 40,000

Urzed DAG 20K

21667 TO PIL 2012
Ed GOKX120 360
3 13013oz
TOPIC 21667
XXX
ICAI Sain
Ur
HI 413 Dat open Trt to Pll Bae
to pay IOK go
21667
2 18333410000
1833
Datt 18333
arIInd 183338333 3 19000
10,000
To plc 10,000 2014
Cook 110 360
 Ques 4 LDR

EY Before Imp Afterfup

life
ur ur

I
patrol
z
aloft Imp
mfs
to
PIL y
Datt Dat
H
www
Remains

mn

Kya ka Impact will Datt loft 4

Imp come on w

Quest 5 Refer 0.13 som

Ques 3 LDR

Step CF CFL
ur
0 25C inflow

coupon 07
1 5 Mil Jat
5th 251 outflow

FY of Fe
step
25L xD F of 5Myr 121
1418567

Step Diff
25,00 000 C 14,18 567
10 81,433 DGA aloft to pll over syn life of Asset

Steph EIR 121

Steps LAT Ctia Date of Refund FL

urend fut 121 Cls

apn Repay
31031 2 1418567 170228 15 88,795

31 03 73 1588795 190655 17,79,450

and DAG Bal Cutoff

ur open wloff pic cos
311031 2 1081433 216287 865146
311031 3865146 216287 648859
 41 1 CIB Ale Da 25,09000
TO FL 1418567
TO Dag 1081433

31 3 42 Fat Ale Da 170228

TO FL 170228

31 3 42 Datt
to PIL 216287

31 31 3 Jut All Do 190655

TO FL 190655

1 31 3 Datt
to PIL 216287

25L loan penalty

EE forRefund not

3,6313 Fe Ale Da 17,791450 t

Gatt Alc Da 648859 and

Mypayment
PIL Blf Dd 716910
To CIB AK 2500,0000

3110313 Pll 1909000

TO cp 10 00,000

Penalty payment