Schedule III Division-III The Company Act 2013

General Insturctions for Preparation of Financial Statements of A Non- Banking Financial Company (NBFC) That is Required to Comply With Indian ACCOUNTING STANDARDS (Ind AS)

1. Every Non-Banking Financial company as defined in the Companies (Indian Accounting Standards) (Amendment) Rules, 2016 to which Indian Accounting Standards apply, shall prepare its financial statements in accordance with this Schedule or with such modification as may be required under certain circumstances.
2. Where compliance with the requirements of relevant Act, Regulations, Guidelines or Circulars issued by the relevant regulator from time to time including Indian Accounting Standards (Ind AS) (except the option of presenting assets and liabilities in accordance with current, non-current classification as provided by relevant Ind AS) as applicable to the NBFCs require any change in treatment or disclosure including addition, amendment, substitution or deletion in the head or sub-head or any changes inter se, in the financial statements or statements forming part thereof, the same shall be made and the requirements under this Schedule shall stand modified accordingly.
3. The disclosure requirements specified in this Schedule are in addition to and not in substitution of the disclosure requirements specified in the Indian Accounting Standards. Additional disclosures specified in the Indian Accounting Standards shall be made in the Notes or by way of additional statement or statements unless required to be disclosed on the face of the Financial Statements. Similarly, all other disclosures as required by the Companies Act, 2013 shall be made in the Notes in addition to the requirements set out in this Schedule.
4. (i) Notes shall contain information in addition to that presented in the Financial Statements and shall provide where required-

(a) narrative descriptions or disaggregations of items recognised in those statements; and

(b) information about items that do not qualify for recognition in those statements.

(ii) Each item on the face of the Balance Sheet, Statement of Changes in Equity and Statement of Profit and Loss shall be cross-referenced to any related information in the Notes. In preparing the Financial Statements including the Notes, a balance shall be maintained between providing excessive details that may not assist users of Financial Statements and not providing important information as a result of too much aggregation.

5. Depending upon the total income of the NBFC, the figures appearing in the Financial Statements shall be rounded off as below:

Total Income	Rounding off
(i) less than one hundred crore rupees	To the nearest hundreds, thousands, lakhs or millions, or decimals thereof.
(ii) one hundred crore rupees or more	To the nearest, lakhs, millions or crores, or decimals thereof.

Once a unit of measurement is used, it should be used uniformly in the Financial Statements.

6. Financial Statements shall contain the corresponding amounts (comparatives) for the immediately preceding reporting period for all items shown in the Financial Statements including Notes exc ept in the case of first Financial Statements after incorporation.
7. Financial Statements shall disclose all ‘material‘ items, i.e., the items if they could, individually or collectively, influence the economic decisions that users make on the basis of the financial statements. Materiality depends on the size or nature of the item or a combination of both, to be judged in the particular circumstances.
8. For the purpose of this Schedule, the terms used herein shall have the same meanings assigned to them in Indian Accounting Standards.
9. Where any Act, Regulation, Guidelines or Circulars issued by the relevant regulators from time to time requires specific disclosures to be made in the standalone financial statements of an NBFC, the said disclosures shall be made in addition to those required under this Schedule.
10. The NBFCs preparing financial statements as per this Schedule may change the order of presentation of line items on the face of financial statements or order of line items within the schedules in order of liquidity, if appropriate, considering the operations performed by the NBFC.

Note: This Schedule sets out the minimum requirements for disclosure on the face of the Financial Statements, i.e., Balance Sheet, Statement of Changes in Equity for the period, the Statement of Profit and Loss for the period (The term ‘Statement of Profit and Loss‘ has the same meaning as ‘Profit and Loss Account‘) and Notes. Cash flow statement shall be prepared, where applicable, in accordance with the requirements of the relevant Indian Accounting Standard.

Line items, sub-line items and sub-totals shall be presented as an addition or substitution on the face of the Financial Statements when such presentation is relevant to an understanding of the NBFC‘s financ ial position or performance or to cater to categories of NBFC’s as prescribed by the relevant regulator or sector-specific disclosure requirements or when required for compliance with the amendments to the relevant statutes or under the Indian Accounting Standards.

Part I — Balance Sheet

Name of the Non-Banking Financial Company…………………….

Balance Sheet as at……………………

				(Rupees in舰)
	Particulars	Note No.	Figures as at the end of current reporting period	Figures as at the end of the previous reporting period
	1		2	3
	Assets
(1)	Assets
(a)	Financial Assets
(b)	Bank Balance other than (a) above
(c)	Derivative financial instruments
(d)	Receivables
	(I) Trade Receivables
	(II) Other Receivables
(e)	Loans
(f)	Investments
(g)	Other Financial assets (to be specified)
(2)	Non-financial Assets
(a)	Inventories
(b)	Current tax assets (Net)
(c)	Deferred tax Assets (Net)
(d)	Investment Property
(e)	Biological assets other than bearer plants
(f)	Property, Plant and Equipment
(g)	Capital work-in-progress
(h)	Intangible assets under development
(i)	Goodwill
(j)	Other Intangible assets
(k)	Other non-financial assets (to be specified)
	Total Assets
	Liabilities and Equity
	Liabilities
(1)	Financial Liabilities
(a)	Derivative financial instruments
(b)	Payables
	(I)Trade Payables
	(i) total outstanding dues of micro enterprises and smal enterprises
	(ii) total outstanding dues of creditors other than micro
	enterprises and small enterprises
	(II) Other Payables
	(i) total outstanding dues of micro enterprises and small enterprises
	(ii) total outstanding dues of creditors other than micro enterprises and small enterprises
(c)	Debt Securities
(d)	Borrowings (Other than Debt Securities)
(e)	Deposits
(f)	Subordinated Liabilities
(g)	Other financial liabilities(to be specified)
(2)	Non-Financial Liabilities
(a)	Current tax liabilities (Net)
(b)	Provisions
(c)	Deferred tax liabilities (Net)
(d)	Other non-financial liabilities(to be specified)
(3)	Equity
(a)	Equity Share capital
(b)	Other Equity
	Total Liabilities and Equity

See accompanying notes to the financial statements

²[ Statement of Changes in Equity

Name of the Company…………..

1. Equity Share Capital

(1) Current reporting period

Balance at the beginning of the current reporting period

Changes in Equity Share Capital due to prior period errors

Restated balance at the beginning of the current reporting period

Changes in equity share capital during the current year

Balance at the end of the current reporting period

(2) Previous reporting period

Balance at the beginning of the previous reporting period

Changes in Equity Share Capital due to prior period errors

Restated balance at the beginning of the previous reporting period

Changes in equity share capital during the previous year

Balance at the end of the previous reporting period

1. Other Equity

(1) Current reporting period

Reserves and Surplus

Share application money pending allotment

Equity component of compound financial instruments

Capital Total Reserve

Securities Premium

Other Reserves (specify nature)

Retained Earnings

Debt instruments through Other Comprehensive Income

Equity Instruments through Other Comprehensive Income

Effective portion of Cash Flow Hedges

Revaluation Surplus

Exchange differences on translating the financial statements of a foreign operation

Other items of Other Comprehensive Income(specify nature)

Money received against share warrants

Total

Balance at the beginning of the current reporting period

Changes in accounting policy or prior period errors

Restated balance at the beginning of the current reporting period

Total Comprehensive Income for the current year

Dividends

Transfer to retained earnings

Any other change (to be specified)

Balance at the end of the current reporting period

(2) Previous reporting period

Reserves and Surplus

Share application money pending allotment

Equity component of compound financial instruments

Capital Total Reserve

Securities Premium

Other Reserves (specify nature)

Retained Earnings

Debt instruments through Other Comprehensive Income

Equity Instruments through Other Comprehensive Income

Effective portion of Cash Flow Hedges

Revaluation Surplus

Exchange differences on translating the financial statements of a foreign operation

Other items of Other Comprehensive Income(specify nature)

Money received against share warrants

Total

Balance at the beginning of the previous reporting period

Changes in accounting policy or prior period errors

Restated balance at the beginning of the previous reporting period

Total Comprehensive Income for the previous year

Dividends

Transfer to retained earnings

Any other change (to be specified)

Balance at the end of the previous reporting period

Note : Remeasurment of defined benefit plans and fair value changes relating to own credit risk of financial liabilities designated at fair value through profit or loss shall be recognised as a part of retained earnings with separate disclosure of such items alongwith the relevant amounts in the Notes or shall be shown as a separate column under Reserves and Surplus.]

Notes

General Instructions for Preparation of Balance Sheet

A Non-Banking Financial company shall disclose the following in the notes to accounts:

(A) Cash and cash equivalents: Cash and cash equivalents shall be classified as:

(i) Cash on hand

(ii) Balances with Banks (of the nature of cash and cash equivalents);

(iii) Cheques, drafts on hand;and

(iv) Others (specify nature).

Cash and Bank balances: The following disclosures with regard to cash and bank balances shall be made:

(i) Earmarked balances with banks (for example, for unpaid dividend) shall be separately stated.

(ii) Balances with banks to the extent held as margin money or security against the borrowings, guarantees, other commitments shall be disclosed separately.

(iii) Repatriation restrictions, if any, in respect of cash and bank balances shall be separately stated.

(B) Derivative financial Instruments

1 Explain use of derivatives

2 Cross-reference to Financial Risks section for management of risks arising from derivatives

	(Current Year)			(Previous Year)
Part I	Notional amounts	Fair Value – Assets	Fair Value – Liabilities	Notional amounts	Fair Value – Assets	Fair Value – Liabilities
(i)Currency
derivatives:
-Spot and forwards
-Currency Futures
-Currency swaps
-Options purchased
-Options sold
(written)
-Others
Subtotal (i)
(ii)Interest rate
derivatives
-Forward Rate
Agreements and Interest Rate Swaps
-Options
purchased
-Options sold (written)
-Futures
-Others
Subtotal(ii)
(iii)Credit derivatives
(iv)Equity linked derivatives
(v)Other derivatives (Please specify)
Total Derivative
Financial
Instruments (i)+(ii)+(iii)+(iv)+ (v)
Part II
Included in above
(Part I) are derivatives held for hedging and risk management purposes as follows:
(i)Fair value
hedging:
– Currency
derivatives
– Interest rate derivatives
– Credit derivatives
– Equity linked
derivatives
– Others
Subtotal (i)
(ii)Cash flow
hedging:
– Currency derivatives
– Interest Rate derivatives
– Credit derivatives
– Equity linked
derivatives
– Others
Subtotal (ii)
(iii)Net investment hedging:
(iv)Undesignated Derivatives
Total Derivative
Financial Instruments (i)+ (ii)+(iii)+(iv)

With respect to hedges and hedge accounting, NBFCs may provide a description in accordance with the requirements of Indian Accounting Standards, of how derivatives are used for hedging, explain types of hedges recognized for accounting purposes and their usage/applic ation by the entity.

(C) Receivables:

(i) Receivables shall be sub-classified as:

(a) Receivables considered good – Secured;

(b) Receivables considered good – Unsecured;

(c) Receivables which have significant increase in Credit Risk; and

(d) Receivables – credit impaired

(ii) Allowance for impairment loss allowance shall be disclosed under the relevant heads separately.

(iii) Debts due by Directors or other officers of the NBFC or any of them either severally or jointly with any other person or debts due by firms including limited liability partnerships (LLPs), private companies respectively in which any director is a partner or a director or a member should be separately stated.

³[(iv) For trade receivables outstanding, following ageing schedule shall be given:

Trade Receivables aging schedule

(Amount in Rs.)
Particulars	Outstanding for following periods from due date of payment#
	Less than 6 months	6 months -1 year	1-2 Years	2-3 years	More than 3 years	Total
(i) Undisputed Trade receivables — considered good
(ii) Undisputed Trade Receivables — which have significant increase in credit risk
(iii) Undisputed Trade Receivables — credit impaired
(iv) Disputed Trade Receivables—considered good
(v) Disputed Trade Receivables — which have significant increase in credit risk
(vi) Disputed Trade Receivables — credit impaired

# similar information shall be given where no due date of payment is specified in that case disclosure shall be from the date of the transaction.

Unbilled dues shall be disclosed separately;]

(D) Loans

(Current Year)

(Previous Year)

Amortised cost

At Fair Value

Subtotal

Total

Amortised cost

At Fair Value

Subtotal

Total

Through Other Comprehensive Income

Through profit or loss

Designated at fair value through profit or loss

Through Other Compre hensive Income

Through profit or loss

Designated at fair value through profit or loss

(1)

(2)

(3)

(4)

(5=2+3+4)

(6=1+5)

(7)

(8)

(9)

(10)

(11=8+9+10)

(12=(7)+(11)

Loans

(A)

(i) Bills Purchased and Bills Discounted

(ii) Loans repayable on Demand

(iii) Term Loans

(iv) Leasing

(v) Factoring

(vi) Others (to be specified)

Total (A) – Gross

Less:Impairment loss allowance

Total (A)

– Net

(B)

(i) Secured by tangible assets

(ii)Secured by

intangible assets

(iii) Covered by Bank/Government Guarantees

(iv) Unsecured

Total (B)-

Gross

Less: Impairment loss allowance

Total (B)-

Net (C) (I)

Loans in India

(i) Public

Sector

(ii) Others (to be specified)

Total (C)- Gross

Less: Impairment loss allowance

Total(C) (I)-Net (C)

(II)Loans

outside India

Less: Impairment loss allowance

Total (C) (II)- Net

Total C(I) and C(II)

(E) Investments

Investments

(Current Year)

(Previous Year)

At Fair Value

Others*

Total

At Fair Value

Others*

Total

Investments

Amortised cost

Amortised cost

Through Other Comprehensive Income

Through profit or loss

Designated at fair value through profit or loss

Sub- Total

Through Other Comprehensive Income

Through profit or loss

Designated at fair value through profit or loss

Sub- Tota l

(1)

(2)

(3)

(4)

(5)=(2)+ (3)+(4)

(6)

(7)=(1)+ (5)+(6)

(8)

(9)

(10)

(11)

(12)= (9)+ (10)+ (11)

(13)

(14)= (8)+ (12)+ (13)

Mutual funds

Government securities

Other

approved securities

Debt securities

Equity instruments

Subsidiaries

Associates

Joint

Ventures

Others

(specify)

Total — Gross (A)

(i) Investments outside India

(ii) Investments in India

Total (B)

Total (A) to tally with (B)

Less:

Allowance for Impairment loss ( C)

Total — Net

D= (A)-(C)

* Other basis of measurement such as cost may be explained as a footnote

(F) Investment Property

A reconciliation of the gross and net carrying amounts of each class of property at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations and other adjustments and the related depreciation and impairment losses or reversals shall be disclosed separately.

(G) Biological Assets other than bearer plants:

A reconciliation of the carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations and other adjustments shall be disclosed separately.

(H) Property, Plant and Equipment

(i) Classification shall be given as:

(a) Land

(b) Buildings

(c) Plant and Equipment

(d) Furniture and Fixtures

(e) Vehicles

(f) Office equipment

(g) Bearer Plants

(h) Others (specify nature)

(ii) Assets under lease shall be separately specified under each class of asset.

⁴[(iii) A reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations, amount of change due to revaluation (if change is 10% or more in the aggregate of the net carrying value of each class of Property, Plant and Equipment) and other adjustments and the related depreciation and impairment losses or reversals shall be disclosed separately.]

(I) Goodwill

A reconciliation of the gross and net carrying amount of goodwill at the beginning and end of the reporting period showing additions, impairments, disposals and other adjustments.

(J) Other Intangible assets

(i) Classification shall be given as:

(a) Brands or trademarks

(b) Computer software

(c) Mastheads and publishing titles

(d) Mining rights

(e) Copyrights, patents, other intellectual property rights, services and operating rights

(f) Recipes, formulae, models, designs and prototypes

(g) Licenses and franchises

(h) Others (specify nature)

⁵[(ii) A reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations, amount of change due to revaluation (if change is 10% or more in the aggregate of the net carrying value of each class of intangible assets) and other adjustments and the related amortization and impairment losses or reversals shall be disclosed separately.]

(K) Payables

The following details relating to Micro, Small and Medium Enterprises shall be disclosed:

(a) the principal amount and the interest due thereon (to be shown separately) remaining unpaid to any supplier at the end of each accounting year;

(b) the amount of interest paid by the buyer in terms of section 16 of the Micro, Small and Medium Enterprises Development Act, 2006, along with the amount of the payment made to the supplier beyond the appointed day during each accounting year;

(c) the amount of interest due and payable for the period of delay in making payment (which have been paid but beyond the appointed day during the year) but without adding the interest specified under the Micro, Small and Medium Enterprises Development Act, 2006;

(d) the amount of interest accrued and remaining unpaid at the end of each accounting year; and

(e) the amount of further interest remaining due and payable even in the succeeding years, until suc h date when the interest dues above are actually paid to the small enterprise, for the purpose of disallowance of a deductible expenditure under section 23 of the Micro, Small and Medium Enterprises Development Act, 2006.

Explanation.- The terms ‘appointed day’, ‘buyer’, ‘enterprise’, ‘micro enterprise’, ‘small enterprise’ and ‘supplier’, shall have the same meaning assigned to those under clauses (b), (d), (e), (h), (m) and

(n) respectively of section 2 of the Micro, Small and Medium Enterprises Development Act, 2006.”

³[(KA) For trade payables due for payment, following ageing schedule shall be given:

Trade Payables aging schedule

				(Amount in Rs.)
Particulars	Outstanding for following periods from due date of payment#
	Less than 1 year	1-2 years	2-3 years	More than 3 years	Total
(i) MSME
(ii) Others
(iii) Disputed dues – MSME
(iv)Disputed dues – Others

# similar information shall be given where no due date of payment is specified in that case disclosure shall be from the date of the transaction.

Unbilled dues shall be disclosed separately;]

(L) Debt Securities

(Current Year)				(Previous Year)
	At Amortised Cost	At Fair Value Through profit or loss	Designate d at fair value through profit or loss	Total	At    Amortised Cost	At Fair Value Through profit or loss	Designated at fair value through profit or loss	Total
	(1)	(2)	(3)	(4)=(1)+(2)+(3)	(5)	(6)	(7)	(8)=(5)+(6)+(7)
Liability component of compound financial instruments
Others (Bonds/
Debenture etc.)
Total (A)
Debt securities in India
Debt securities outside India
Total (B) to tally with (A)

 (i) bonds or debentures (along with the rate of interest, and particulars of redemption or conversion, as the case may be) shall be stated in descending order of maturity or conversion, starting from earliest redemption or conversion date, as the c ase may be. Where bonds/debentures are redeemable by installments, the date of maturity for this purpose must be reckoned as the date on which the first installment becomes due;

(ii) particulars of any redeemed bonds or debentures which the NBFC has pow er to reissue shall be disclosed.

(M) Borrowings (Other than Debt Securities)

(Current Year)					(Previous Year)
	At Amortised Cost	At fair value Through profit or loss	Designated at fair value through profit or loss	Total	At Amortised Cost	At fair value Through profit or loss	Designated at fair value through profit or loss	Total
	(1)	(2)	(3)	(4)=(1)+(2)+(3)	(1)	(2)	(3)	(4)=(1)+(2)+(3)
(a)Term loans
(i)from banks
(ii)from other parties
(b)Deferred payment liabilities
(c)Loans from
related parties
(d) Finance lease
obligations
(e)Liability component of compound financial instruments
(f)Loans repayable on demand			&nnbsp;
(i)from banks
(ii)from other parties
(g) Other loans (specify nature)
Total (A)
Borrowings in India
Borrowings outside India
Total (B) to tally with (A)

(i) Borrowings shall further be sub-classified as secured and unsecured. Nature of security shall be specified separately in each case.

(ii) Where borrowings have been guaranteed by Directors or others, the aggregate amount of such borrowings under each head shall be disclosed;

(iii) terms of repayment of term loans and other loans shall be stated; and

(iv) period and amount of default as on the balance sheet date in repayment of borrowings and interest shall be specified separately in each case.

(N) Deposits :-

(Current Year)					(Previous Year)
	At Amortised Cost	At fair value through profit or loss	Designated at fair value through profit or loss	Total	At Amortised Cost	At fair value through profit or loss	Designated at fair value through profit or loss	Total
	(1)	(2)	(3)	(4)=(1)+(2)+(3)	(5)	(6)	(7)	(8)=(5)+(6)+(7)
Deposits
(i) Public
Deposits
(ii) From Banks
(iii)From Others
Total

(O) Subordinated Liabilities

(P) Other Financial Liabilities (to be specified): Other Financial liabilities shall be classified as-

(a) Interest accrued;

(b) Unpaid dividends;

(c) Application money received for allotment of securities to the extent refundable and interest accrued thereon;

(d) Unpaid matured deposits and interest accrued thereon;

(e) Unpaid matured debentures and interest accrued thereon;

(f) Margin money (to be specified);and

(g) Others (specify nature)

(Q) Provisions: The amounts shall be classified as-

(a) Provision for employee benefits; and

(b) Others (specify nature)

(R) Other Non-financial liabilities (to be specified):

(a) Revenue received in advance;

(b) Other advances (Specify nature); and (c)Others (specify nature).

(S) Equity Share Capital : For each class of equity share capital:

(a) the number and amount of shares authorized;

(b) the number of shares issued, subscribed and fully paid, and subscribed but not fully paid;

(c) par value per share;

(d) a reconciliation of the number of shares outstanding at the beginning and at the end of the period;

(e) the rights, preferences and restrictions attaching to each class of shares including restrictions on the distribution of dividends and the repayment of capital;

(f) shares in respect of each class in the company held by its holding company or its ultimate holding company including shares held by or by subsidiaries or associates of the holding company or the ultimate holding company in aggregate;

(g) shares in the company held by each shareholder holding more than five percent shares specifying the number of shares held;

(h) shares reserved for issue under options and contracts/commitments for the sale of shares or disinvestment, including the terms and amounts;

(i) For the period of five years immediately preceding the date at which the Balance Sheet is prepared:

• Aggregate number and class of shares allotted as fully paid up pursuant to contract without payment being received in cash;
• Aggregate number and class of shares allotted as fully paid up by way of bonus shares; and
• Aggregate number and class of shares bought back;

(j) terms of any securities convertible into equity shares issued along with the earliest date of conversion in descending order starting from the farthest such date;

(k) calls unpaid (showing aggregate value of calls unpaid by Directors and officers);

(l) forfeited shares (amount originally paid up)

(m) An NBFC shall disclose information that enables users of its financial statements to evaluate the NBFC’s objectives, policies and processes for managing capital.

³[(n) A company shall disclose Shareholding of Promoters* as below:

Shares held by promoters at the end of the year				% Change during the year***
S. No	Promoter name	No. of Shares**	%of total shares
Total

*Promoter here means promoter as defined in the Companies Act, 2013.

** Details shall be given separately for each class of shares

*** percentage change shall be computed with respect to the number at the beginning of the year or if issued during the year for the first time then with respect to the date of issue.]

(T) Other Equity

(i) Other Reserves‘ shall be classified in the notes as:

(a) Capital Redemption Reserve;

(b) Debenture Redemption Reserve;

(c) Share Options Outstanding Account;

(d) Statutory Reserves; and

(e) Others — (specify the nature and purpose of each reserve and the amount in respect thereof); (Additions and deductions since last balance sheet to be shown under each of the specified heads)

(ii) Retained Earnings represents surplus i.e. balance of the relevant column in the Statement of Changes in Equity;

(iii) A reserve specifically represented by earmarked investments shall disclose the fact that it is so represented;

(iv) Debit balance of Statement of Profit and Loss shall be shown as a negative figure under the head ‘retained earnings‘. Similar ly, the balance of ‘Other Equity‘, after adjusting negative balance of retained earnings, if any, shall be shown under the head ‘Other Equity‘ even if the resulting figure is in the negative;

(v) Under the sub-head ‘Other Equity‘, disclosure shall be made for the nature and amount of each item; and

(vi) Under the sub-head ‘Other Equity‘, disclosure shall be made for conditions or restrictions for distribution attached to s tatutory reserves.

(U) Contingent Liabilities and commitments (to the extent not provided for)

(i) Contingent Liabilities shall be classified as:

(a) Claims against the company not acknowledged as debt;

(b) Guarantees excluding financial guarantees; and

(c) Other money for which the company is contingently liable

(ii) Commitments shall be classified as:

(a) Estimated amount of contracts remaining to be executed on capital account and not provided for;

(b) Uncalled liability on shares and other investments partly paid;

(c) Other commitments (specify nature).

(V) The amount of dividends proposed to be distributed to equity and preference shareholders for the period and the related amount per share shall be disclosed separately. Arrears of fixed cumulative dividends on irredeemable preference shares shall also be disclosed separately.

(W) Where in respect of an issue of securities made for a specific purpose the whole or part of amount has not been used for the specific purpose at the Balance Sheet date, there shall be indicated by way of note how such unutilized amounts have been used or invested.

³[(WA) Where the company has not used the borrowings from banks and financial institutions for the specific purpose for which it was taken at the balance sheet date, the company shall disclose the details of where they have been used.

(WB) Additional Regulatory Information

(i) Title deeds of Immovable Properties not held in name of the Company

The company shall provide the details of all the immovable property (other than properties where the Company is the lessee and the lease agreements are duly executed in favour of the lessee) whose title deeds are not held in the name of the company in following format and where such immovable property is jointly held with others, details are required to be given to the extent of the company‘s share.

Relevant line item in the Balance sheet	Description of item of property	Gross carrying value	Title deeds held in the name of	Whether title deed holder is a promoter, director or relative# of promoter*/director or employee of promoter/director	Property held since which date	Reason for not being held in the name of the company**
PPE –	Land Building	–	–	–	–	**also indicate if in dispute
Investment property –	Land Building
PPE retired from active use and held for disposal –	Land Building
others

#Relative here means relative as defined in the Companies Act, 2013.

*Promoter here means promoter as defined in the Companies Act, 2013.

(ii) The company shall disclose as to whether the fair value of investment property (as measured for disclosure purposes in the financial statements) is based on the valuation by a registered valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017.

(iii) Where the Company has revalued its Property, Plant and Equipment (including Right-of-Use Assets), the company shall disclose as to whether the revaluation is based on valuation by a Registered Valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017.

(iv) Where the Company has revalued its Intangible assets, the company shall disclose as to whether the revaluation is based on valuation by a Registered Valuer as defined under rule 2 of Companies (Registered Valuers and Valuation) Rules, 2017.

(v) Following disclosures shall be made where loans or advances in the nature of loans are granted to promoters, Directors, KMPs and the related parties (as defined under the Companies Act, 2013), either severally or jointly with any other person that are:

(a) repayable on demand or

(b) without specifying any terms or period of repayment

Type of Borrower	Amount of loan or advance in the nature of loan outstanding	Percentage to the total Loans and Advances in the nature of loans
Promoters
Directors
KMPs
Related Parties

(vi) Capital-Work-in Progress (CWIP)

(a) For Capital-work-in progress, following ageing schedule shall be given:

CWIP aging schedule

				(Amount in Rs.)
CWIP	Amount in CWIP for a period of				Total*
	Less than 1 year	1-2 years	2-3 years	More than 3 years
Projects in progress
Projects temporarily suspended

*Total shall tally with CWIP amount in the balance sheet.

(b) For capital-work-in progress, whose completion is overdue or has exceeded its cost compared to its original plan, following CWIP completion schedule shall be given**:

			(Amount in Rs.)
CWIP	To be completed in
	Less than 1 year	1-2 years	2-3 years	More than 3 years
Project 1
Project 2

**Details of projects where activity has been suspended shall be given separately.

(vii) Intangible assets under development:

(a) For Intangible assets under development, following ageing schedule shall be given:

Intangible assets under development aging schedule

				(Amount in Rs.)
	Amount in CWIP for a period of				Total*
Intangible assets under development	Less than 1 year	1-2 years	2-3 years	More than 3 years
Projects in progress
Projects temporarily suspended

* Total shall tally with the amount of Intangible assets under development in the balance sheet.

(b) For Intangible assets under development, whose completion is overdue or has exceeded its cost compared to its original plan, following Intangible assets under development completion schedule shall be given**:

			(Amount in Rs.)
	To be completed in
Intangible assets under development	Less than 1 year	1-2 years	2-3 years	More than 3 years
Project 1
Project 2

**Details of projects where activity has been suspended shall be given separately.

(viii) Details of Benami Property held

Where any proceedings have been initiated or pending against the company for holding any benami property under the Benami Transactions (Prohibition) Act, 1988 (45 of 1988) and rules made thereunder, the company shall disclose the following:-

(a) Details of such property,

(b) Amount thereof,

(c) Details of Beneficiaries,

(d) If property is in the books, then reference to the item in the Balance Sheet,

(e) If property is not in the books, then the fact shall be stated with reasons,

(f) Where there are proceedings against the company under this law as an abetter of the transaction or as the transferor then the details shall be provided.

(g) Nature of proceedings, status of same and company‘s view on same.

(ix) Where the Company has borrowings from banks or financial institutions on the basis of security of current assets, it shall disclose the following:-

(a) whether quarterly returns or statements of current assets filed by the Company with banks or financial institutions are in agreement with the books of accounts,

(b) if not, summary of reconciliation and reasons of material discrepancies if any to be adequately disclosed.

(x) Wilful Defaulter*

Where a company is a declared wilful defaulter by any bank or financial institution or other lender,following details shall be given, namely:-

(a) date of declaration as wilful defaulter,

(b) details of defaults (amount and nature of defaults).

*wilful defaulter” here means a person or an issuer who or which is categorized as a wilful defaulter by any bank or financial institution (as defined under the Companies Act, 2013) or consortium thereof, in accordance with the guidelines on wilful defaulters issued by the Reserve Bank of India.

(xi) Relationship with Struck off Companies

Where the company has any transactions with the companies struck off under section 248 of Companies Act, 2013 or section 560 of Companies Act, 1956, the Company shall disclose the following details, namely:-

Name of struck off Company	Nature of transactions with struckoff Company	Balance outstanding	Relationship with the Struck off company, if any, to be disclosed
	Investments in securities
	Receivables
	Payables
	Shares held by stuck off company
	Other outstanding balances (to be specified)

(xii) Registration of charges or satisfaction with Registrar of Companies (ROC)

Where any charges or satisfaction yet to be registered with ROC beyond the statutory period, details and reasons thereof shall be disclosed.

(xiii) Compliance with number of layers of companies

Where the company has not complied with the number of layers prescribed under clause (87) of section 2 of the Act read with Companies (Restriction on number of Layers) Rules, 2017, the name and CIN of the companies beyond the specified layers and the relationship/extent of holding of the company in such downstream companies shall be disclosed.

(xiv) Following Ratios shall be disclosed.

(a) Capital to risk-weighted assets ratio (CRAR)

(b) Tier I CRAR

(c) Tier II CRAR

(d) Liquidity Coverage Ratio

(xv) Compliance with approved Scheme(s) of Arrangements

Where any Scheme of Arrangements has been approved by the Competent Authority in terms of sections 230 to 237 of the Companies Act, 2013, the Company shall disclose that the effect of such Scheme of Arrangements have been accounted for in the books of account of the Company in accordance with the Scheme‘ and in accordance with accounting standards‘. Any deviation in this regard shall be explained.

(xvi) Utilisation of Borrowed funds and share premium:

(A) Where company has advanced or loaned or invested funds (either borrowed funds or share premium or any other sources or kind of funds) to any other person(s) or entity(ies), including foreign entities (Intermediaries) with the understanding (whether recorded in writing or otherwise) that the Intermediary shall

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the company (Ultimate Beneficiaries) or

(ii) provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries; the company shall disclose the following:-

(i) date and amount of fund advanced or loaned or invested in Intermediaries with complete details of each Intermediary.

(II) date and amount of fund further advanced or loaned or invested by such Intermediaries to other intermediaries or Ultimate Beneficiaries alongwith complete details of the ultimate beneficiaries.

(III) date and amount of guarantee, security or the like provided to or on behalf of the Ultimate Beneficiaries

(IV) declaration that relevant provisions of the Foreign Exchange Management Act, 1999 (42 of 1999) and Companies Act has been complied with for such transactions and the transactions are not violative of the Prevention of Money-Laundering act, 2002 (15 of 2003).;

(B) Where a company has received any fund from any person(s) or entity(ies), including foreign entities (Funding Party) with the understanding (whether recorded in writing or otherwise) that the company shall

(i) directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or on behalf of the Funding Party (Ultimate Beneficiaries) or

(ii) provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries, the company shall disclose the following:-

(i) date and amount of fund received from Funding parties with complete details of each Funding party.

(II) date and amount of fund further advanced or loaned or invested other intermediaries or Ultimate Beneficiaries alongwith complete details of the other intermediaries‘ or ultimate beneficiaries.

(III) date and amount of guarantee, security or the like provided to or on behalf of the Ultimate Beneficiaries

(IV) declaration that relevant provisions of the Foreign Exchange Management Act, 1999 (42 of 1999) and Companies Act has been complied with for such transactions and the transactions are not violative of the Prevention of Money-Laundering act, 2002 (15 of 2003).]

(X) Other Classification related General Instructions

1. When an NBFC applies an accounting policy retrospectively or makes a restatement of items in the financial statements or when it reclassifies items in its financial statements, the NBFC shall attach to the Balance Sheet, a “Balance Sheet” as at the beginning of the earliest comparative period presented.
2. Share application money pending allotment shall be classified into equity or liability in accordance with relevant Indian Acc ounting Standards. Share application money to the extent not refundable shall be shown under the head Equity and share application money to the extent refundable shall be separately shown under ‘Other financial liabilities‘.
3. Preference shares including premium received on issue, shall be classified and presented as ‘Equity‘ or ‘Liability‘ in accordance w ith the requirements of the relevant Indian Accounting Standards. Accordingly, the disclosure and presentation requirements in this regard applicable to the relevant class of equity or liability shall be applicable mutatis mutandis to the preference shares. For instance, plain vanila redeemable preference shares shall be classified and presented under ‘liabilities‘ as ‘borrowings‘ or ‘subordinated liability‘ and the disclosure requirements in this regard applicable to such borrowings shall be applicable mutatis mutandis to redeemable preference shares.
4. Compound financial instruments such as convertible debentures, where split into equity and liability components, as per the requirements of the relevant Indian Accounting Standards, shall be classified and presented under the relevant heads in ‘‘Liabilities and Equity‘.
5. Regulatory Deferral Account Balances shall be presented in the Balance Sheet in accordance with the relevant Indian Accounting Standards.

Part II — Statement of Profit and Loss

Name of the Non-Banking Financial Company………
Statement of Profit and Loss for the period ended ………

				(Rupees in…..)
	Particulars	Note No.	Figures for the current reporting period	Figures for the previous reporting period
	Revenue from operations
(i)	Interest Income
(ii)	Dividend Income
(iii)	Rental Income
(iv)	Fees and commission Income
(v)	Net gain on fair value changes
(vi)	Net gain on derecognition of financial instruments under amortised cost category
(vii)	Sale of products(including Excise Duty)
(viii)	Sale of services
(ix)	Others (to be specified)
(I)	Total Revenue from operations
(II)	Other Income (to be specified)
(III)	Total Income (I+II)
	Expenses
(i)	Finance Costs
(ii)	Fees and commission expense
(iii)	Net loss on fair value changes
(iv)	Net loss on derecognition of financial instruments under amortised cost category
(v)	Impairment on financial instruments
(vi)	Cost of materials consumed
(vii)	Purchases of Stock-in-trade
(viii)	Changes in Inventories of finished goods, stock-in- trade and work-in- progress
(ix)	Employee Benefits Expenses
(x)	Depreciation, amortization and impairment
(xi)	Others expenses (to be specified)
(IV )	Total Expenses (IV)
(V )	Profit / (loss) before exceptional items and tax (III-
(VI )	Exceptional items
(VII )	Profit/(loss) before tax (V -VI )
(VIII)	Tax Expense:
	(1) Current Tax
	(2) Deferred Tax
(IX)	Profit / (loss) for the period from continuing operations(VII-VIII)
(X)	Profit/(loss) from discontinued operations
(XI)	Tax Expense of discontinued operations
(XII)	Profit/(loss) from discontinued operations(After
	tax) (X-XI)
(XIII)	Profit/(loss) for the period (IX+XII)
(XIV)	Other Comprehensive Income
	(A) (i) Items that will not be reclassified to profit or loss (specify items and amounts)
	(ii) Income tax relating to items that will not be reclassified to profit or loss
	Subtotal (A)
	(B) (i) Items that will be reclassified to profit or loss (specify items and amounts)
	(ii) Income tax relating to items that will be reclassified to profit or loss
	Subtotal (B) Other Comprehensive Income (A + B)
(XV)	Total Comprehensive Income for the period
	(XIII+XIV) (Comprising Profit (Loss) and other Comprehensive Income for the period)
(XVI)	Earnings per equity share (for continuing operations)
	Basic (Rs.)
	Diluted (Rs.)
(XVII)	Earnings per equity share (for discontinued operations)
	Basic (Rs.)
	Diluted (Rs.)
(XVIII)	Earnings per equity share (for continuing and discontinued operations)
	Basic (Rs.)
	Diluted (Rs.)

Notes See accompanying notes to the financial statements

General Instructions for Preparation of Statement of Profit and Loss

1. The provisions of this Part shall apply to the income and expenditure account, in like manner as they apply to a Statement of Profit and Loss.
2. The Statement of Profit and Loss shall include:

(A) Profit or loss for the period;

(B) Other Comprehensive Income for the period.

The sum of (A) and (B) above is ‘Total Comprehensive Income‘.

3. Interest Income

(Current Year)				(Previous Year)
Particulars	On Financial Assets measured at fair value through OCI	On Financial Assets measured at Amortised Cost	Interest Income on Financial Assets classified at fair value through profit or loss	On Financial Assets measured at fair value through OCI	On Financial Assets measured at Amortised Cost	Interest Income on Financial Assets classified at fair value through profit or loss
Interest on Loans
Interest income from investments
Interest on deposits with Banks
Other interest
Income
Total

4. Net gain/ (loss) on fair value changes*

Particulars	(Current Year)	(Previous Year)
(A) Net gain/ (loss) on financial instruments at fair value through profit or loss
(i) On trading portfolio
– Investments
– Derivatives
– Others
(ii) On financial instruments designated at fair value through profit or loss
(B) Others ( to be specified)
Total Net gain/(loss) on fair value changes (C)
Fair Value changes:
-Realised
-Unrealised
Total Net gain/(loss) on fair value changes(D) to tally with (C)

*Fair value changes in this schedule are other than those arising on account of accrued interest income/expense.

5. Other Income (to be specified)

Particulars	(Current Year)	(Previous Year)
Net gain/(loss) on ineffective portion of hedges
Net gain/(loss) on derecognition of property, plant and equipment
Net gain or loss on foreign currency transaction and translation (other than considered as finance cost)(to be specified)
Others ( to be specified)*
Total

* Any item under the subhead ‘Others‘ which exceeds one per cent of the total income to be presented separately.

6. Finance Costs

Particulars	(Current Year)		(Previous Year)
	On Financial liabilities measured at fair value through profit or loss	On Financial liabilities measured at Amortised Cost	On Financial liabilities measured at fair value through profit or loss	On Financial liabilities measured at Amortised Cost
Interest on deposits
Interest on borrowings
Interest on debt securities
Interest on subordinated liabilities
Other interest expense
Total

7. Employee Benefits Expenses

Particulars	(Current Year)	(Previous Year)
Salaries and wages
Contribution to provident and other funds
Share Based Payments to employees
Staff welfare expenses
Others (to be specified)
Total

8. Impairment on financial instruments

(Current Year)				(Previous Year)
Particulars	On Financial instruments measured at fair value through OCI	On Financial instruments measured at Amortised Cost	On Financial instruments measured at fair value through OCI	On Financial instruments measured at Amortised Cost
Loans
Investments
Others (to be specified)
Total

9. Other expenses (to be specified)

Particulars	(Current Year)	(Previous Year)
Rent, taxes and energy costs
Repairs and maintenance
Communication Costs
Printing and stationery
Advertisement and publicity
Director‘s fees, allowances and expenses
Auditor‘s fees and expenses
Legal and Professional charges
Insurance
Other expenditure
Total

* Any item under the subhead ‘Others expenditure‘ which exceeds one per cent of the total income to be presented separately.

10. Other Comprehensive Income shall be classified into-

(A) Items that will not be reclassified to profit or loss

1. Changes in revaluation surplus;
2. Remeasurements of the defined benefit plans;

iii. Equity Instruments through Other Comprehensive Income;

1. Fair value changes relating to own credit risk of financial liabilities designated at fair value through profit or loss;
2. Share of Other Comprehensive Income in Associates and Joint Ventures, to the extent not to be classified into profit or loss; and
3. Others (specify nature).

(B) Items that will be reclassified to profit or loss;

1. Exchange differences in translating the financial statements of a foreign operation;
2. Debt Instruments through Other Comprehensive Income;

iii. The effective portion of gains and loss on hedging instruments in a cash flow hedge;

1. Share of Other Comprehensive Income in Associates and Joint Ventures, to the extent to be classified into profit or loss; and
2. Others (specify nature).
3. Additional Information: An NBFC shall disclose by way of notes, additional information regarding aggregate expenditure and income on the following items:
4. Depreciation, amortisation and impairment
5. payments to the auditor as (a) auditor, (b) for taxation matters, (c) for company law matters, (d) for other services, (e) for reimbursement of expenses;

iii. in case of NBFCs covered under section 135, amount of expenditure incurred on corporate social responsibility activities; and

1. details of items of exceptional nature

³[v. undisclosed income

The Company shall give details of any transactions not recorded in the books of accounts that has been surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961 (such as, search or survey or any other relevant provisions of the Income Tax Act, 1961), unless there is immunity for disclosure under any scheme. Also, state whether the previously unrecorded income and related assets have been properly recorded in the books of account during the year.

1. Corporate Social Responsibility (CSR)

Where the company (NBFC) covered under section 135 of the Companies Act, the following shall be disclosed with regard to CSR activities:-

(a) amount required to be spent by the company during the year,

(b) amount of expenditure incurred,

(c) shortfall at the end of the year,

(d) total of previous years shortfall,

(e) reason for shortfall,

(f) nature of CSR activities,

(g) details of related party transactions, e.g., contribution to a trust controlled by the company in relation to CSR expenditure as per relevant Accounting Standard,

(h) where a provision is made with respect to a liability incurred by entering into a contractual obligation, the movements in the provision during the year shall be shown separately.

vii. details of Crypto Currency or Virtual Currency

Where the Company has traded or invested in Crypto currency or Virtual Currency during the financial year, the following shall be disclosed:-

(a) profit or loss on transactions involving Crypto currency or Virtual Currency,

(b) amount of currency held as at the reporting date,

(c) deposits or advances from any person for the purpose of trading or investing in Crypto Currency or virtual currency.]

Part III- General Instructions for the Preparation of Consolidated Financial Statements

(1) Where a Non-Banking Financial Company (NBFC) is required to prepare Consolidated Financ ial Statements, i.e., consolidated balance sheet, consolidated statement of changes in equity and consolidated statement of profit and loss, the NBFC shall mutatis mutandis follow the requirements of this Schedule as applicable to an NBFC in the preparation of balance sheet, statement of changes in equity and statement of profit and loss. However, where the consolidated financial statements contains elements pertaining to NBFCs and other than NBFCs, mixed basis of presentation may be followed for consolidated financial statements where both kinds of operations are significant. In addition, the consolidated financial statements shall disclose the information as per the requirements specified in the applicable Indian Accounting Standards notified under the Companies (Indian Accounting Standards) Rules 2015, including the following, namely:-

(i) Profit or loss attributable to ‘non-controlling interest‘ and to ‘owners of the parent‘ in the statement of profit and loss shall be presented as allocation for the period. Further, ‘total comprehensive income‘ for the period attributable to ‘non-controlling interest‘ and to ‘owners of the parent‘ shall be presented in the statement of profit and loss as alloc ation for the period. The aforesaid disclosures for ‘total comprehensive income‘ shall also be made in the statement of changes in equity. In addition to the disclosure requirements in the Indian Accounting Standards, the aforesaid disclosures shall also be made in respect of ‘other comprehensive income‘.

(ii) ‘Non-controlling interests‘ in the Balance Sheet and in the Statement of Changes in Equity, within equity, shall be presented separately from the equity of the ‘owners of the parent‘.

(iii) Investments accounted for using the equity method.

(2) In Consolidated Financial Statements, the following shall be disclosed by way of additional information:

Name of the entity in the Group	Net Assets, i.e., total assets minus total liabilities		Share in profit or loss		Share in other comprehensive income		Share in total comprehensive income
	As % of consolidated net assets	Amount	As % of consolidated profit or loss	Amount	As % of consolidat ed other comprehensive income	Amount	As % of total compre hensive income	Amount
Parent
Subsidiaries
Indian
1
2
3
.
.
Foreign
1
2
3
.
.
Non-controlling
Interests in all subsidiaries Associates
(Investment as per the equity method)
Indian
1
2
3
.
.
Foreign 1.
2
3
.
.
Joint Ventures(as per the equity method)
Indian 1.
2
3
.
.
Foreign 1.
2
3
.
.
Total

(3) All subsidiaries, associates and joint ventures (whether Indian or foreign) will be covered under consolidated financial statements.

(4) An entity shall disclose the list of subsidiaries or associates or joint ventures which have not been consolidated in the consolidated financial statements along with the reasons of not consolidating.]

Amendment

1. Inserted by Notification Dated 11th October, 2018.
2. Substituted by Amendment to Schedule III to the Companies Act, 2013. Effective from 01st April 2021

in Part I- Balance Sheet,for the heading Statement of Changes in Equity and the entries relating thereto,

Statement of Changes in Equity

Name of the Non-Banking Financial Company………

Statement of Changes in Equity for the period ended ……..

1. Equity Share Capital

		(Rupees in.)
Balance at the beginning of the reporting period	Changes in equity share capital during the year	Balance at the end of the reporting period
xxx	xxx	xxx

1. Other Equity

Reserves and Surplus

Share application money pending allotment

Equity component of compound financial instruments

Statutor y Reserve s

Capital Reserve

Securitie s Premium

Other Reserves (specify nature)

Retained Earnings

Debt instruments through Other Compre hensive Income

Equity Instruments through Other Compre hensive Income

Effective portion of Cash Flow Hedges

Revaluation Surplus

Exchange differences on translating the financial statements of a foreign operation

Other items of Other Compre hensive Income (specify nature)

Money received against share warrants

Total

Balance at the beginning of the reporting period

Changes in accountin g policy/pri or period errors

Restated balance at the beginni ng of the reporti ng period

Total

Comprehe nsive Income for the year

Dividends

Transfer to retained earnings

Any other

change (to be specified)

Balance at the end of the reporting period

Note:

(i) Remeasurement of defined benefit plans and fair value changes relating to own credit risk of financial liabilities designated at fair value through profit or loss shall be recognised as a part of retained earnings with separate disclosure of such items alongwith the relevant amounts in the Notes.

(ii) A description of the purposeof each reservewithin equity shall be disclosed in the Notes.

the following shall be substituted namely;

Statement of Changes in Equity

Name of the Company…………..

1. Equity Share Capital

(1) Current reporting period

Balance at the beginning of the current reporting period	Changes in Equity Share Capital due to prior period errors	Restated balance at the beginning of the current reporting period	Changes in equity share capital during the current year	Balance at the end of the current reporting period

(2) Previous reporting period

Balance at the beginning of the previous reporting period	Changes in Equity Share Capital due to prior period errors	Restated balance at the beginning of the previous reporting period	Changes in equity share capital during the previous year	Balance at the end of the previous reporting period

1. Other Equity

(1) Current reporting period

Reserves and Surplus

Share application money pending allotment

Equity component of compound financial instruments

Capital Total Reserve

Securities Premium

Other Reserves (specify nature)

Retained Earnings

Debt instruments through Other Comprehensive Income

Equity Instruments through Other Comprehensive Income

Effective portion of Cash Flow Hedges

Revaluation Surplus

Exchange differences on translating the financial statements of a foreign operation

Other items of Other Comprehensive Income(specify nature)

Money received against share warrants

Total

Balance at the beginning of the current reporting period

Changes in accounting policy or prior period errors

Restated balance at the beginning of the current reporting period

Total Comprehensive Income for the current year

Dividends

Transfer to retained earnings

Any other change (to be specified)

Balance at the end of the current reporting period

(2) Previous reporting period

Reserves and Surplus

Share application money pending allotment

Equity component of compound financial instruments

Capital Total Reserve

Securities Premium

Other Reserves (specify nature)

Retained Earnings

Debt instruments through Other Comprehensive Income

Equity Instruments through Other Comprehensive Income

Effective portion of Cash Flow Hedges

Revaluation Surplus

Exchange differences on translating the financial statements of a foreign operation

Other items of Other Comprehensive Income(specify nature)

Money received against share warrants

Total

Balance at the beginning of the previous reporting period

Changes in accounting policy or prior period errors

Restated balance at the beginning of the previous reporting period

Total Comprehensive Income for the previous year

Dividends

Transfer to retained earnings

Any other change (to be specified)

Balance at the end of the previous reporting period

Note : Remeasurment of defined benefit plans and fair value changes relating to own credit risk of financial liabilities designated at fair value through profit or loss shall be

recognised as a part of retained earnings with separate disclosure of such items alongwith the relevant amounts in the Notes or shall be shown as a separate column under Reserves and Surplus.

3. Inserted by Amendment to Schedule III to the Companies Act, 2013. Effective from 01st April 2021
4. Substituted by Amendment to Schedule III to the Companies Act, 2013. Effective from 01st April 2021

under the heading (H) Property, Plant and Equipment, for item(iii),

(iii) A reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations and other adjustments and the related depreciation and impairment losses or reversals shall be disclosed separately.

the following shall be substituted namely;

(iii) A reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations, amount of change due to revaluation (if change is 10% or more in the aggregate of the net carrying value of each class of Property, Plant and Equipment) and other adjustments and the related depreciation and impairment losses or reversals shall be disclosed separately

5. Substituted by Amendment to Schedule III to the Companies Act, 2013. Effective from 01st April 2021

under the heading (J) Other Intangible Assets, for item (ii)),,

(ii) A reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations and other adjustments and the related amortization and impairment losses or reversals shall be disclosed separately.

the following shall be substituted namely;

(ii) A reconciliation of the gross and net carrying amounts of each class of assets at the beginning and end of the reporting period showing additions, disposals, acquisitions through business combinations, amount of change due to revaluation (if change is 10% or more in the aggregate of the net carrying value of each class of intangible assets) and other adjustments and the related amortization and impairment losses or reversals shall be disclosed separately.