Ahmed, a foreign qualified accountant, has recently returned to Pakistan and has joined a 

newly  incorporated  company  Radium  Limited  (RL),  a  subsidiary  of  a  listed  company. 

Ahmed has been entrusted with preparing the notes on ‘Property, plant and equipment’ in 

the financial statements of RL for the year ended 28 February 2023. While preparing the 

notes, Ahmed has complied with all the disclosure requirements of IAS 16, however, he is 

unaware of additional disclosures required by the Companies Act, 2017. 

Required: 

 

 

List down  the disclosure requirements related to ‘Fixed Assets’ as provided in  the fourth 

schedule of the Companies Act, 2017.