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123 Ventures is engaged in the manufacture of consumer products. It has furnished the following financial statements for the three years ending 31 March. BALANCE

123 Ventures is engaged in the manufacture of consumer products. It has furnished the following financial statements for the three years ending 31 March.

BALANCE SHEET (Rs lakhs)

Particulars

2018

2019

2020

Sources of funds:

Share capital

Reserves and surplus

Loan funds

Secured

Unsecured

Deferred tax liabilities (net)

TOTAL LIABILITIES

4000

24208

66484

0

1452

96144

4000

23516

37648

0

1756

66920

4000

25492

66932

1600

1552

99576

Fixed assets:

Gross block

Depreciation

Net block

Capital WIP

21328

(9276)

12052

240

21472

(10224)

11248

1340

21640

(11224)

10416

1340

Investments

16

16

16

Current assets, loans and advances:

Inventories

Sundry debtors

Cash and bank balances

Loans and advances

73252

5372

13500

10512

42184

7068

6404

10272

44852

5988

31072

15968

Less: Current liabilities and provisions

Current liabilities

Provisions

(17252)

(1548)

(10364)

(1248)

(7920)

(2156)

TOTAL ASSETS

96144

66960

99576

INCOME STATEMENT (Rs lakhs)

Particulars

2018

2019

2020

Income:

Gross sales

Less: Excise duty

Other income

TOTAL INCOME

167956

(12100)

1744

157600

110792

(10504)

3536

103824

118988

(11884)

1272

108376

Expenditure:

Raw materials consumed

Increase / decrease in stock

Purchase of goods for resale

Manufacturing and other expenses

Interest and finance charges

Depreciation

Transfer from revaluation reserve

TOTAL

134820

(15664)

0

25744

4296

1020

0

150216

68088

15792

1568

13268

3344

1020

0

103080

89784

(8976)

40

17864

3020

1032

0

102764

PBT

7384

744

5612

Provision for taxation:

Current tax

Deferred tax charge

Fringe benefit tax

Relating to earlier years

TOTAL

1604

800

48

0

2452

380

300

0

(100)

580

2132

(204)

0

4

1932

PAT

Balance brought forward from previous year

4932

2132

164

3780

3680

3080

Profit available for appropriation

7064

3944

6760

Transfer to general reserve

Proposed dividend

Tax on dividend

Balance carried to balance sheet

2000

1100

184

3780

12

732

120

3080

368

1464

236

4692

EPS (Rs)

12.33

0.41

9.20

ADDITIONAL INFORMATION (Rs lakhs)

Particulars

2018

2019

2020

Raw material purchases

151032

52968

83356

Manufacturing expenses:

Repairs and maintenance

Power and fuel

Salaries, wages etc.

Insurance

1172

1312

3804

148

832

756

4340

180

900

836

4584

188

Calculate the following ratios for the year 2020:

  1. Current ratio
  2. Liquidity ratio
  3. Debt equity ratio
  4. Interest coverage ratio
  5. Proprietary ratio

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