What is the current portion of long-term liabilities reported in each year and for what type of liabilities? Balance SheetAs at June 30, 201620162015Note------ Rupees in '000 ------ASSETSNon current assetsProperty, plant and equipment153,168,6991,935,858Intangible assets1636,2152,048Investment in an associated company176,0193,321Long term loans and advances1810,88810,493Long term deposits1932,66733,5673,254,4881,985,287Current assetsStores and spares20496,552491,657Stocks211,570,5941,456,593Trade debts221,024,670851,269Loans and advances23101,47461,501Deposits and prepayments2466,130125,443Other receivables2568,90130,982Taxation - net112,849103,564Cash and bank balances26116,851241,7693,558,0213,362,778Total assets6,812,5095,348,065 Balance SheetAs at June 30, 201620162015Note - Rupees in '000 --EQUITY AND LIABILITIESShare capital and reservesAuthorized capital75,000,000 (2015: 75,000,000) ordinary shares of Rs. 10 each750,000750,000Issued, subscribed and paid-up capital597,713597,713Unappropriated profit2,351,8091,760,434Total equity2,949,5222,358, 147LiabilitiesNon current liabilitiesLong term finances920,276383,334Staff benefits6277,287241,157Deferred taxation7232,281210,871Long term deposits from dealers8.8,9308,9901,438,774844,352Current liabilitiesCurrent maturity of long term finances224,057116,666Short term finances143,88986,030Running finances under mark-up arrangements10621,020666,389Trade and other payables111,293,0361,183,356Accrued mark-up1232,92917,331Provisions13109,28275,7942,424,2132,145,566Total liabilities3,862,9872,989,918Contingencies and commitments14Total equity and liabilities6,812,5095,348,065

Liabilities are described as the amount which a business owes to the outside parties. These…

Balance Sheet As at June 30, 2016 2016 2015 Note ---- Rupeos in '000 --- ASSETS Non current assets Property, plant and equipment 15 3,168,699 1,935,858 Intangible assets 16 36,215 2,048 Investment in an associated company 17 6,019 3,321 Long term loans and advances 18 10,888 10,493 Long term deposits 19 32,667 33,567 3,254,488 1,985,287 Current assots Stores and spares 20 496,552 491,657 Stocks 21 1,570,594 1,456,593 Trade debts 22 1,024,670 851,269 Loans and advances 23 101,474 61,501 Deposits and prepayments 24 66,130 125,443 Other receivables 25 68,901 30,982 Taxation - net 112,849 103,564 Cash and bank balances 26 116,851 241,769 3,558,021 3,362,778 Total assets 6,812,509 5,348,065

Balance Sheet As at June 30, 2016 2016 2015 Note ---- Rupeos in '000 --- ASSETS Non current assets Property, plant and equipment 15 3,168,699 1,935,858 Intangible assets 16 36,215 2,048 Investment in an associated company 17 6,019 3,321 Long term loans and advances 18 10,888 10,493 Long term deposits 19 32,667 33,567 3,254,488 1,985,287 Current assots Stores and spares 20 496,552 491,657 Stocks 21 1,570,594 1,456,593 Trade debts 22 1,024,670 851,269 Loans and advances 23 101,474 61,501 Deposits and prepayments 24 66,130 125,443 Other receivables 25 68,901 30,982 Taxation - net 112,849 103,564 Cash and bank balances 26 116,851 241,769 3,558,021 3,362,778 Total assets 6,812,509 5,348,065

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter13: Marketable Securities And Derivatives

Section: Chapter Questions

Problem 27P

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