Ind As 101 First time adoption of Ind AS

1 4 2016
B1
BS BS BS

1 4 15 31 3 16 31 3 17
I 1
Lot 1 4 16

LTTapplication of Indst

Date of Transited
 or

or

or or

Apsf 1912

Ind AS 40
IP

Tishangefclassification is

mandatory
 1 4 14

Loan 10L interest free

Market rate of interest 0 p
3years

Bank Dr 10L
To FL 751315
TO DGI 248685

DOT 1 4 15
CA FL 826446
CA
ofDG 165790

be 1000000
Liability
To FL 826446
To DUI 165790
TO RE 7764
 AS 11 46 46 A

Asset Cost of Asset

Fx Loan
others FCMITDA all

DOT
I
FCMITDA
ED ED
PSL PSL
RE

FUMITDA

loan
FOMITIAN
 AS 11

SBP ES
CS

Equity settled
AI Intrinsic value

Unvested options FV
DOT
91 1

grants E o
 ᵗTs
1soe

preseme

SBP

ES es
d
t
vested front
Five or uyy sules 102
From GD sules 2

Publicly

Business combination

11 a

1032
 Atta

AS
Inv 4800 PPE 00
PPE 5000 CA

Goodwill 1300
2001
CA 1000 3000
Equity 4000
RE

Liab 2500 Liab 5001

Inv 4800
retained Earnings
TRE D8
To Inv in JV
Ind AS

Inv in JV Bud 480 4500

141 1 1 9 73 31 7 75
I l l l l
1 8 18 18 1.8
30000 33
61 Def
00

P FL
I FL
CR
Equity

PV of Principal 2244000
302 11 068

Interest 570600
PV
of
3 3.17
61
FL 2814,600

Equity 185400
FL 1 41 3

2814,600
281460 180000
1 4 72 2916060
291606 180000
1 4 73 3027666
 CA Ind A on DOT FL 3027666
Eq 18.5.400

As per AS

1 1 10.75 1
0.75 0.75 0.75
I
1.8 18 1.8 f 8
30L
33

30 075 18
1.8
30.75 0.75 1.8
30.75 1.8
31 50

Liab As Dr 3150000
RE Dr 63066
TO FL 3027666
To Eq 785400
DOI consolidate

Prepare Ind AS FS of Bud

consolidate Ind AS bat of Bud
cost of
Recognise deemed goodwill
Recognise Net and Deferred tan
Inv in conn debt
Derenguise
Diff RFI
 LI

E
E

E
DOT 1 4 71
WI Property plant and Equipment

CA as per GAAP 13450,000

IP Rest
1
8
00

deemed cost
exemption

WW2 Investment in Std

Investment Dr 2000000
To Retained Earnings 2000000
WN3 VAT Deferral loan

loan amount 60.00.000 31 31 1

Market rate 101

Term 5
years
PV 3725,528 Ind AS 1093

Grant 2274,472

JE on DOT

Gout loan A Dr 60 00,000

To Gont loan Ind AS 3725528

To Deferred 2274472
grant

current Non current

22,74472 X 1 5 2274472 4 5

454894 1819578
WN4 ESOP Reserve

1000 options

800 Vested 200

IV 12000 Unvested
FV 8000
150004
FV 9000
deemed value

1
Retained Ear Dr 1000
TO SBP Reserve 1000

WMS cumulative Translation diff

100000 non
integral
Reset to zero

FCTR Dr 100000
If
To Retained Earnings 100,000
 Balance sheet on DOT 31 3 41

Non current assets

13000000
Property plant
equip
Investment property 450,000
current assets
800000
Inventory
Financial assets
Inv in Std 6800000
Trade Rec 200000
Cash 49000
other current assets
Advance to supp 50100,000

26299,000
13000000
Equity capital
other
equity
SBP Reserve 21000
Retained Ear 2278008
WM
FCTR
Non current Liabilities
Financial Liab
VAT deferral loan 3725,528
other liab
Deferred 1819578
grant
Current Liabilities
Financial Liab
Trade Payables 30.00.000
ST
Borrowings 8,00 000

other liab
Deferred 454894
grant
Provisions 1200000

26299,000
WM on Retained Earnings

Bal as per I GAAP 179000

Investments 2000000

FCTR 100000
SBP Reserve 10001
22,78 000
0224 calculation of Goodwill JV
full
entity
PPE 22,288
LT LSA 6350
[Link] 1818
OCA 104
F 18455
Pay
Provision 475

Goodwill 1507 1507

23,137

i Goodwill for 51
xl8
f
119

i Investment in JV 1825 119

1944
i Revised goodwill 1507 119
1388