Information to be presented either in the balance sheet or in the notes - Ind AS - Indian Accounting Standards - Companies Law

Information to be presented either in the balance sheet or in the notes. An entity shall disclose, either in the balance sheet or in the notes, further subclassifications of the line items presented, classified in a manner appropriate to the entity s operations. The detail provided in subclassifications depends on the requirements of Ind ASs and on the size, nature and function of the amounts involved. An entity shall disclose the following, either in the balance sheet or in the statement of changes in equity, or in the notes: items of property, plant and equipment are disaggregated into classes in accordance with Ind AS 16; receivables are disaggregated into amounts receivable from trade customers, receivables from related parties, prepayments and other amounts; inventories are disaggregated, in accordance with Ind AS 2, Inventories, into classifications such as merchandise, production supplies, materials, work in progress and finished goods; provisions are disaggregated into provisions for employee benefits and other items; and equity capital and reserves are disaggregated into various classes, such as paid-in capital, share premium and reserves. An entity shall disclose the following, either in the balance sheet or the statement of changes in equity, or in the notes: for each class of share capital: the number of shares authorised; the number of shares issued and fully paid, and issued but not fully paid; par value per share, or that the shares have no par value; a reconciliation of the number of shares outstanding at the beginning and at the end of the period; the rights, preferences and restrictions attaching to that class including restrictions on the distribution of dividends and the repayment of capital; shares in the entity held by the entity or by its subsidiaries or associates; and shares reserved for issue under options and contracts for the sale of shares, including terms and amounts; and a description of the nature and purpose of each reserve within equity. An entity whose capital is not limited by shares eg, a company limited by guarantee, shall disclose information equivalent to that required by paragraph 79(a), showing changes during the period in each category of equity interest, and the rights, preferences and restrictions attaching to each category of equity interest. If an entity has reclassified a puttable financial instrument classified as an equity instrument, or an instrument that imposes on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and is classified as an equity instrument between financial liabilities and equity, it shall disclose the amount reclassified into and out of each category (financial liabilities or equity), and the timing and reason for that reclassification. Statement of Profit and Loss The statement of profit and loss shall present, in addition to the profit or loss and other comprehensive income sections: profit or loss; total other comprehensive income; comprehensive income for the period, being the total of profit or loss and other comprehensive income. An entity shall present the following items, in addition to the profit or loss and other comprehensive income sections, as allocation of profit or loss and other comprehensive income for the period: profit or loss for the period attributable to: non-controlling interests, and owners of the parent. comprehensive income for the period attributable to: non-controlling interests, and owners of the parent.