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2. Ind AS 108? consisting of chemicals, polymers and related activities. Certain information for financial year X Ltd. is operating in coating industry. Its business
2. Ind AS 108? consisting of chemicals, polymers and related activities. Certain information for financial year X Ltd. is operating in coating industry. Its business segment comprise coating and others 20X1-20X2 is given below: laking Segments External sale (in lakhs) Tax Other operating Result Asset Liabilities income Coating 2,00,000 5,000 40,000 10,000 50,000 30,000 Others 70,000 3,000 15,000 4,000 30,000 10,000 Additional information: 1. Unallocated revenue net of expenses is 30,00,00,000 2. Interest and bank charges is 720,00,00,000 3. Income tax expenses is 20,00,00,000 (current tax * 19,50,00,000 and deferred tax 50,00,000) 4. Investments 1,00,00,00,000 and unallocated assets 1,00,00,00,000. 5. Unallocated liabilities, Reserve & surplus and share capital are * 2,00,00,00,000, 3,00,00,00,000 & * 1,00,00,00,000 respectively. 6. Depreciation amounts for coating & others are 10,00,00,000 and 7 3,00,00,000 respectively. Capital expenditure for coating and others are 50,00,00,000 and 20,00,00,000 respectively. 8. Revenue from outside India is 3,00,00,00,000 and segment asset outside India * 1,00,00,00,000. Based on the above information, how X Ltd. would disclose information about reportable segment revenue, profit or loss, assets and liabilities for financial year 20X1-20X2? Swers
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