Prepare Statement of Profit & Loss as per Schedule III for the year 2020-21 from the following

information:

Particulars Amounts (in Crores)

Sales Revenue 4,41,581
Service Revenue 8,343
GST 18,237
Interest Income 224
Gain on Sale of Investments 15
Dividend Income 32
Royalty Income 133
Amortization for Software 449
Amortization for Trademark 13
Brokerage & Commission 1353
Closing stock of Finished Goods 2918
Closing stock of Raw Materials 6384
Closing Stock of Stock in trade 12173
Contribution to Employee Provident Funds 730
Depreciation for Electrical Installations & Equipment 1115
Depreciation for Furniture & Fixtures 195
Depreciation for Plant & Machinery 53
Depreciation for Vehicles 5
Employee Welfare Expenses 148
Insurance 84
Interest Expenses 693
Loan Processing Charges 150
Opening Stock of Finished Goods 9248
Opening Stock of Raw Materials 5985
Opening stock of Stock in trade 11229
Power & fuel 194
Promotion and Advertisement Expenses 462
Raw Material Purchases 11529
Rent, rates, and taxes 684
Repairs 16
Salaries & Wages 10001
Statutory Auditor Fees 2
Stock in Trade purchases 115853
Warehousing & Distribution Expenses 979
Current Tax 1585
Deferred Tax 9
 Cost of Materials
1 Revenue from operations 3 Consumed
Sales Revenue 4,41,581 Opening Stock of Raw
Service Revenue 8,343 5,985
Materials
GST (18,237) Raw Material Purchases 11,529
4,31,687 Closing stock of Raw
(6,384)
Materials
11,130
2 Other Income
Interest Income 224 Changes in
inventories of
Gain on Sale of Investments 15 finished goods
Dividend Income 32 work-in-progress
4 and Stock-in-Trade
Royalty Income 133 Opening Stock of
9,248
Finished Goods
404 Closing stock of
(2,918)
Finished Goods
Opening stock of
11,229
Stock in trade
Closing Stock of
(12,173)
Stock in trade
5,386
 5 Employee benefits expense
Salaries & Wages 10,001
Contribution to Employee
730
Provident Funds
Employee Welfare Expenses 148
10,879

6 Finance costs
Interest Expenses 693
Loan Processing Charges 150
843
 Depreciation and amortization expense
7.
Depreciation for Plant & Machinery 53

Depreciation for Furniture & Fixtures 195

Depreciation for Vehicles 5

Depreciation for Electrical Installations & Equipment 1,115

Amortization for Software 449

Amortization for Trademark 13

1,830
 Note
Particulars Amounts
No.
I Revenue from operations 1 4,31,687
II Other Income 2 404
III Total Revenue (I + II) 4,32,091
IV Expenses:
Cost of Materials Consumed 3 11,130
Purchases of Stock-in-trade 1,15,853
Changes in inventories of finished goods work-in-progress and Stock-in-
4 5,386
Trade
Employee benefits expense 5 10,879
Finance costs 6 843
Depreciation and amortization expense 7 1,830
Other expenses 8 3,774
Total expenses (IV) 1,49,695
V Profit before Exceptional Items and Tax (III– IV) 2,82,396
VI Exceptional Items 0
VII Profit before Tax (V–VI) 2,82,396
 Tax Expense:
VIII 1. Current Tax 1,585
2. Deferred Tax 9
1,594
IX Profit (Loss) for the period (IX + XII)
2,80,802
Earnings per equity share:
X 1. Basic
2. Diluted