INTEREST/INCOME RECEIVABLE (taxed on cash basis)

FUTURE BENEFITS ARE TAXABLE = Tax Base = Future deductions

Tax Base = 0
INCOME STATEMENT APPROACH
2001 2002
Profit 1,000,000 1,000,000
Interest Receivable 100,000 -
1,100,000 1,000,000

Tax Profit 1,100,000 1,000,000

Less: Int. Rece 100,000 100,000
1,000,000 1,100,000

Income Tax Expense 330,000 A. Tax 300,000

C. Tax 300,000 C. Tax 330,000
DTL 30,000 DT. Inc (30,000)

C. Tax 300,000 C. Tax 330,000

C.T. Payable 300,000 C.T. Payable 330,000

D.T. Expense 30,000 D.T. Liability 30,000

D.T. Liability 30,000 D.T. Expense 30,000

BALANCE SHEET APPROACH

2001 2002
C. Assets
Int. Receivable 100,000 -

Tax Base
Int. Income - -

TTD 100,000 -

SoFP - DTL 30,000 -

SoCI - P/L 30,000 (30,000)

STATEMENT OF COMPREHENSIVE INCOME

PBT 1,100,000 PBT 1,000,000

C.T. Expense 300,000 C.T. Expense 330,000

D.T. Expense 30,000 330,000 D.T. Reversal (30,000) 300,000

PAT 770,000 PAT 700,000

STATEMENT OF FINANCIAL POSITION

C. Assets C. Assets
Interest Receivable 100,000 Interest Receivable -

Equity Equity
Retained Earnings 1,100,000 Retained Earnings 1,000,000

C. Liabilities C. Liabilities
Current Tax Payable 300,000 Current Tax Payable 330,000

N.C. Liabilities N.C. Liabilities

Deferred Tax Payabl 30,000 Deferred Tax Payable -
1,430,000 1,330,000
 INTEREST/INCOME RECEIVABLE (taxed when earned)
FUTURE BENEFITS NOT TAXABLE - Tax Base = CA
Tax Base = 100,000
INCOME STATEMENT APPROACH
2001 2002
Profit 1,000,000 1,000,000

1,000,000 1,000,000

Tax Profit 1,000,000 1,000,000

Less: Int. Rece - -
1,000,000 1,000,000

Income Tax Expense 300,000 A. Tax 300,000

C. Tax 300,000 C. Tax 300,000
DTL - DT. Inc -

C. Tax 300,000 C. Tax 300,000

ITP / CTP 300,000 ITP / CTP 300,000

BALANCE SHEET APPROACH

2001 2002
C. Assets
Accounts Receivable 100,000 -

Tax Base
Accounts Receivable 100,000 -

TTD / DTD - -

SoFP - DTL/DTD - -
SoCI - P/L - -

* Deferred Tax does not arise on Cash receivable for sale or Advanced cash received for revenue
because the revenue is considered/recognized by the tax authorities on accrual basis i.e.,
irrespective of cash received or not.

STATEMENT OF COMPREHENSIVE INCOME

PBT 1,000,000 PBT 1,000,000

C.T. Expense 300,000 C.T. Expense 300,000

D.T. Expense - 300,000 D.T. Reversal - 300,000

PAT 700,000 PAT 700,000

STATEMENT OF FINANCIAL POSITION

C. Assets C. Assets
Accounts Receivable 100,000 Accounts Receivable -

Equity Equity
Retained Earnings 1,000,000 Retained Earnings 1,000,000

C. Liabilities C. Liabilities
Current Tax Payable 300,000 Current Tax Payable 300,000

N.C. Liabilities N.C. Liabilities

Deferred Tax Payable - Deferred Tax Payable -
1,300,000 1,300,000
 ADVANCE FROM CUSTOMERS (taxed on cash basis)
UN. REVENUE - Tax Base = CA - Amount not taxable in the future
Tax Base = 0 (100,000 - 100,000)
INCOME STATEMENT APPROACH
2001 2002
Profit 1,000,000 1,000,000
- 100,000
1,000,000 1,100,000

Tax Profit 1,000,000 1,100,000

Income 100,000 100,000
1,100,000 1,000,000

Income Tax Expen 300,000 A. Tax 330,000

C. Tax 330,000 C. Tax 300,000
DTA 30,000 DTA Reversal 30,000

C. Tax 330,000 C. Tax 300,000

C.T. Payable 330,000 C.T. Payable 300,000

D.T. Asset 30,000 C.T. Expense (30,000)

C.T. Expense 30,000 D.T. Asset (30,000)

BALANCE SHEET APPROACH

2001 2002
C. Liabilities
Contract Liability 100,000 -

Tax Base
Contract Liability - -

TTD / DTD 100,000 -

SoFP - DTL/DTD 30,000 -

SoCI - P/L 30,000 (30,000)

STATEMENT OF COMPREHENSIVE INCOME

PBT 1,000,000 PBT 1,100,000

C.T. Expense 330,000 C.T. Expense 300,000

D.T. Asset 30,000 300,000 D.T. Reversal (30,000) 270,000

PAT 700,000 PAT 830,000

STATEMENT OF FINANCIAL POSITION

C. Assets C. Assets
Deferred Tax Asset 30,000 Deferred Tax Payable 60,000

Equity Equity
Retained Earnings 1,000,000 Retained Earnings 1,100,000

C. Liabilities C. Liabilities
C. Liability 100,000 C. Liability -
Current Tax Payabl 330,000 Current Tax Payable 300,000

N.C. Liabilities N.C. Liabilities

1,430,000 1,400,000
 ADVANCE FROM CUSTOMERS (taxed when earned)
UN. REVENUE - Tax Base = CA - Amount not taxable in the future
Tax Base = 100,000 (100,000 - 0)
INCOME STATEMENT APPROACH
2001 2002
Profit 1,000,000 1,000,000
100,000
1,000,000 1,100,000

Tax Profit 1,000,000 1,100,000

Less: Int. Rece - -
1,000,000 1,100,000

A. Tax 300,000 A. Tax 330,000

C. Tax 300,000 C. Tax 330,000
DTA/DTL - DTA/DTL -

C. Tax 300,000 C. Tax 330,000

C.T. Payable 300,000 C.T. Payable 330,000

BALANCE SHEET APPROACH

2001 2002
C. Liabilities
Contract Liability 100,000 -

Tax Base
Contract Liability 100,000 -

TTD / DTD - -

SoFP - DTL/DTD - -
SoCI - P/L - -

* Deferred Tax does not arise on Advanced cash received for revenue if the revenue is
exempt OR considered/recognized by the tax authorities on accrual basis i.e., irrespective of
cash received or not i.e., already taxed.

STATEMENT OF COMPREHENSIVE INCOME

PBT 1,000,000 PBT 1,100,000

C.T. Expense 300,000 C.T. Expense 330,000

D.T. Expense - 300,000 D.T. Reversal - 330,000

PAT 700,000 PAT 770,000

STATEMENT OF FINANCIAL POSITION

C. Assets C. Assets

Equity Equity
Retained Earnings 1,000,000 Retained Earnings 1,100,000

C. Liabilities C. Liabilities
C. Liability 100,000 C. Liability -
Current Tax Payabl 300,000 Current Tax Payable 330,000

N.C. Liabilities N.C. Liabilities

Deferred Tax Paya - Deferred Tax Payabl -
1,400,000 1,430,000
 ADVANCE FROM CUSTOMERS (Exempt)
UN. REVENUE - Tax Base = CA - Amount not taxable in the future
Tax Base = 100,000 (100,000 - 0)
INCOME STATEMENT APPROACH
2001 2002
Profit 1,000,000 1,000,000
- 100,000
1,000,000 1,100,000

Tax Profit 1,000,000 1,100,000

Income - 100,000
1,000,000 1,000,000

Income Tax Expen 300,000 A. Tax 330,000

C. Tax 300,000 C. Tax 300,000
DTA - DTA Reversal -

C. Tax 300,000 C. Tax 300,000

C.T. Payable 300,000 C.T. Payable 300,000

D.T. Asset - C.T. Expense -

C.T. Expense - D.T. Asset -

BALANCE SHEET APPROACH

2001 2002
C. Liabilities
Contract Liability 100,000 -

Tax Base
Contract Liability 100,000 -

TTD / DTD - -

SoFP - DTL/DTD - -
SoCI - P/L - -

* No DTA/DTL on exempt income

STATEMENT OF COMPREHENSIVE INCOME

PBT 1,000,000 PBT 1,100,000

C.T. Expense 300,000 C.T. Expense 300,000

D.T. Expense - 300,000 D.T. Reversal - 300,000

PAT 700,000 PAT 800,000

STATEMENT OF FINANCIAL POSITION

C. Assets C. Assets
Deferred Tax Asset - Deferred Tax Payable -

Equity Equity
Retained Earnings 1,000,000 Retained Earnings 1,100,000

C. Liabilities C. Liabilities
C. Liability 100,000 C. Liability -
Current Tax Payabl 300,000 Current Tax Payable 300,000

N.C. Liabilities N.C. Liabilities

1,400,000 1,400,000
 GOVERNMENT GRANT (exempt=P. Diff)
UN. REVENUE - Tax Base = CA - Amount not taxable in the future
Tax Base = 100,000 (100,000 - 0)
INCOME STATEMENT APPROACH
2001 2002
Profit 1,000,000 1,000,000
GG 100,000 100,000
1,100,000 1,100,000

Tax Profit 1,100,000 1,100,000

GG 100,000 100,000
1,000,000 1,000,000

Income Tax Expen 330,000 A. Tax 330,000

C. Tax 300,000 C. Tax 300,000
DTA/DTL - DTA/DTL -

C. Tax 300,000 C. Tax 300,000

C.T. Payable 300,000 C.T. Payable 300,000

BALANCE SHEET APPROACH

2001 2002
C. Liabilities
Gov. Grant 100,000 -

Tax Base
Gov. Grant 100,000 -

TTD / DTD - -

SoFP - DTL/DTD - -
SoCI - P/L - -

* No DTA/DTL on exempt income

STATEMENT OF COMPREHENSIVE INCOME

PBT 1,100,000 PBT 1,100,000

C.T. Expense 300,000 C.T. Expense 300,000

D.T. Expense - 300,000 D.T. Reversal - 300,000

PAT 800,000 PAT 800,000

STATEMENT OF FINANCIAL POSITION

C. Assets C. Assets

Equity Equity
Retained Earnings 1,100,000 Retained Earnings 1,100,000

C. Liabilities C. Liabilities
Def. GG 100,000 Def. GG -
Current Tax Payabl 300,000 Current Tax Payable 300,000

N.C. Liabilities N.C. Liabilities

Deferred Tax Paya - Deferred Tax Payable -
1,500,000 1,400,000
 LOAN RECEIVABLE
FUTURE BENEFITS ARE TAXABLE = Tax Base = Future deductions
Tax Base = 0
INCOME STATEMENT APPROACH
2001 2002
Profit 1,000,000 1,000,000

1,000,000 1,000,000

Tax Profit 1,000,000 1,000,000

Less: Int. Rece - -
1,000,000 1,000,000

A. Tax 300,000 A. Tax 300,000

C. Tax 300,000 C. Tax 300,000
DTL - DT. Inc -

C. Tax 300,000 C. Tax 300,000

ITP 300,000 ITP 300,000

BALANCE SHEET APPROACH

2001 2002
C. Assets
- - -

Tax Base
- - -

TTD / DTD - -

SoFP - DTL/DTD - -
SoCI - P/L - -

* Deferred Tax does not arise as Loan Receiveable/Payable has not tax consequene

STATEMENT OF COMPREHENSIVE INCOME

PBT 1,000,000 PBT 1,000,000

C.T. Expense 300,000 C.T. Expense 300,000

D.T. Expense - 300,000 D.T. Expense - 300,000

PAT 700,000 PAT 700,000

STATEMENT OF FINANCIAL POSITION

C. Assets C. Assets
Loan Receivable - Loan Receivable -

Equity Equity
Retained Earnings 1,000,000 Retained Earnings 1,000,000

C. Liabilities C. Liabilities
Current Tax Payable 300,000 Current Tax Payable 300,000

N.C. Liabilities N.C. Liabilities

Deferred Tax Payable - Deferred Tax Payable -
1,300,000 1,300,000
 LOAN PAYABLE
OTHER LIABILITY - Tax Base = CA - Future deductions for tax purposes
Tax Base = 100,000 (100,000 - 0)
INCOME STATEMENT APPROACH
2001 2002
Profit 1,000,000 1,000,000

1,000,000 1,000,000

Tax Profit 1,000,000 1,000,000

Less: Int. Rece - -
1,000,000 1,000,000

A. Tax 300,000 A. Tax 300,000

C. Tax 300,000 C. Tax 300,000
DTL - DT. Inc -

C. Tax 300,000 C. Tax 300,000

ITP 300,000 ITP 300,000

BALANCE SHEET APPROACH

2001 2002
C. Liabilities
Loan payable 100,000 -

Tax Base
Loan payable 100,000 -

TTD / DTD - -

SoFP - DTL - -
SoCI - P/L - -

* Deferred Tax does not arise as Loan Receiveable/Payable has not tax consequene

STATEMENT OF COMPREHENSIVE INCOME

PBT 1,000,000 PBT 1,000,000

C.T. Expense 300,000 C.T. Expense 300,000

D.T. Expense - 300,000 D.T. Expense - 300,000

PAT 700,000 PAT 700,000

STATEMENT OF FINANCIAL POSITION

C. Assets C. Assets

Equity Equity
Retained Earnings 1,000,000 Retained Earnings 1,000,000

C. Liabilities C. Liabilities
Current Tax Payable 300,000 Current Tax Payable 300,000

N.C. Liabilities N.C. Liabilities

Loan Payable 100,000 Loan Payable -
Deferred Tax Payable - Deferred Tax Payable -
1,400,000 1,300,000
 DIVIDENDS RECEIVABLE (taed on cash)
FUTURE BENEFITS ARE TAXABLE = Tax Base = Future deductions
Tax Base = 0
INCOME STATEMENT APPROACH
2001 2002
Profit 1,000,000 1,000,000
Dividends Receivable 100,000 -
1,100,000 1,000,000

Tax Profit 1,100,000 1,000,000

Less: Div. Rece 100,000 100,000
1,000,000 1,100,000

A. Tax 330,000 A. Tax 300,000

C. Tax 300,000 C. Tax 330,000
DTL 30,000 DT. Inc (30,000)

C. Tax 300,000 C. Tax 330,000

C.T. Payable 300,000 C.T. Payable 330,000

D.T. Expense 30,000 D.T. Liability 30,000

D.T. Liability 30,000 D.T. Expense 30,000

BALANCE SHEET APPROACH

2001 2002
C. Assets
Dividends Income 100,000 -

Tax Base
Dividends Income - 100,000

TTD 100,000 (100,000)

SoFP - DTL 30,000 (30,000)

SoCI - P/L 30,000 (60,000)

STATEMENT OF COMPREHENSIVE INCOME

PBT 1,100,000 PBT 1,000,000

C.T. Expense 300,000 C.T. Expense 330,000

D.T. Expense 30,000 330,000 D.T. Expense (30,000) 300,000

PAT 770,000 PAT 700,000

STATEMENT OF FINANCIAL POSITION

C. Assets C. Assets
Dividend Receivable 100,000 Dividend Receivable -

Equity Equity
Retained Earnings 1,100,000 Retained Earnings 1,000,000

C. Liabilities C. Liabilities
Current Tax Payable 300,000 Current Tax Payable 330,000

N.C. Liabilities N.C. Liabilities

Deferred Tax Payable 30,000 Deferred Tax Payable -
1,430,000 1,330,000
 LIABILITY - EXPENSE PAYABLE (cash basis tax)
OTHER LIABILITY - Tax Base = CA - Future deductions for tax purposes
Tax Base = 0 (100,000 - 100,000)
INCOME STATEMENT APPROACH
2001 2002
Profit 1,000,000 1,000,000
Expense Payable 100,000 -
900,000 1,000,000

Tax Profit 900,000 1,000,000

Expense 100,000 100,000
1,000,000 900,000

Income Tax Expense 270,000 A. Tax 300,000

C. Tax 300,000 C. Tax 270,000
DTA 30,000 DT.Exp 30,000

C. Tax 300,000 C. Tax 270,000

C.T. Payable 300,000 C.T. Payable 270,000

D.T. Asset 30,000 D.T. Expense 30,000

C. Tax Expense 30,000 D.T. Asset 30,000

BALANCE SHEET APPROACH

2001 2002
C. Liabilities
Liability 100,000 -

Tax Base
Liability - -

DTD 100,000 -

SoFP - DTA 30,000 -

SoCI - P/L 30,000 (30,000)

STATEMENT OF COMPREHENSIVE INCOME

PBT 900,000 PBT 1,000,000

C.T. Expense 300,000 C.T. Expense 270,000

D.T. Asset 30,000 270,000 D.T. Expense 30,000 300,000

PAT 630,000 PAT 700,000

STATEMENT OF FINANCIAL POSITION

C. Assets C. Assets
Deferred Tax Asset 30,000 Deferred Tax Asset -

Equity Equity
Retained Earnings 900,000 Retained Earnings 1,000,000

C. Liabilities C. Liabilities
Expense Payable 100,000 Expense Payable -
Current Tax Payable 300,000 Current Tax Payable 270,000

N.C. Liabilities N.C. Liabilities

1,300,000 1,270,000
 LIABILITY - EXPENSE PAYABLE (already taxed)
OTHER LIABILITY - Tax Base = CA - Future deductions for tax purposes
Tax Base = 100,000 (100,000 - 0)
INCOME STATEMENT APPROACH
2001 2002
Profit 1,000,000 1,000,000
Expense Payable 100,000 -
900,000 1,000,000

Tax Profit 900,000 1,000,000

Expense - -
900,000 1,000,000

Income Tax Expense 270,000 A. Tax 300,000

C. Tax 270,000 C. Tax 300,000
DTA - DTA -

C. Tax 270,000 C. Tax 300,000

C.T. Payable 270,000 C.T. Payable 300,000

D.T. Asset - D.T. Expense -

C. Tax Expense - D.T. Asset -

BALANCE SHEET APPROACH

2001 2002
C. Liabilities
Liability 100,000 -

Tax Base
Liability 100,000 -

DTD - -

SoFP - DTA - -
SoCI - P/L - -

* No DTA/DTL because of same basis of recognition

STATEMENT OF COMPREHENSIVE INCOME

PBT 900,000 PBT 1,000,000

C.T. Expense 270,000 C.T. Expense 300,000

D.T. Asset - 270,000 D.T. Expense - 300,000

PAT 630,000 PAT 700,000

STATEMENT OF FINANCIAL POSITION

C. Assets C. Assets
Deferred Tax Asset - Deferred Tax Asset -

Equity Equity
Retained Earnings 900,000 Retained Earnings 1,000,000

C. Liabilities C. Liabilities
Expense Payable 100,000 Expense Payable -
Current Tax Payable 270,000 Current Tax Payable 300,000

N.C. Liabilities N.C. Liabilities

1,270,000 1,300,000
Income Receivable CA TB TTD DTL
Taxable on Cash Basis 1000 0 1000 300
Taxable when Income Accrues 1000 1000 0 0
Exempt 1000 0 1000 300

Unearned Income CA TB TTD DTL

Taxable on Cash Basis 1000 0 1000 300
Taxable when Income Accrues 1000 1000 0 0
Exempt 1000 0 1000 300

Expenses Payable CA TB TTD DTL

Taxable on Cash Basis 1000 0 1000 300
Taxable when Expense recorded 1000 1000 0 0
Exempt 1000 0 1000 300

Expenses Prepaid CA TB TTD DTL

Taxable on Cash Basis 1000 0 1000 300
Taxable when Expense recorded 1000 1000 0 0
Exempt 1000 0 1000 300

Expenses / Income payabl/receivable 10,000

If Tax Authorities use cash basis-TB -
If Tax Authorities use acrual basis-TB 10,000
If Tax Authorities exempt-TB - NO DT
 100000
70000
30000

Nothing

ACT 11 80000 50000 -30000 -7500

1260000

CTE 378000
PTE 4000
DTE 20000
402000

858000

CTL 378000
DTL 120000
 2001 2002 2003 2004 2005
UL 5
Asset 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000
Dep 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
C. A 4,000,000 3,000,000 2,000,000 1,000,000 -

5,000,000 3,500,000 2,450,000 1,715,000 1,200,500

1,500,000 1,050,000 735,000 514,500 1,200,500
Tax Base 3,500,000 2,450,000 1,715,000 1,200,500 -

TTD 500,000 550,000 285,000 (200,500) -

DTL 150,000 165,000 85,500 (60,150) -
FTY
DTE 150,000 15,000
DTE. Rever (79,500) (85,500)
DTA 60,150 (60,150)

DTE 150,000 DTE 15,000 DTL 79,500 DTL 85,500

ITP 150,000 ITP 15,000 CTE 79,500 CTE 85,500

DTA 60,150 CTE 60,150

CTE 60,150 DTA 60,150
 2001 2002 2003 2004 2005

PBT 9,000,000 9,000,000 9,000,000 9,000,000 9,000,000

Depre 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
Acc Pro 8,000,000 8,000,000 8,000,000 8,000,000 8,000,000

Acc Pro 8,000,000 8,000,000 8,000,000 8,000,000 8,000,000

Add. Acc Dep 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
Less: Tax Dep 1,500,000 1,050,000 735,000 514,500 1,200,500
Tax Profit 7,500,000 7,950,000 8,265,000 8,485,500 7,799,500

Acc Tax 2,400,000 2,400,000 2,400,000 2,400,000 2,400,000

C. Tax 2,250,000 2,385,000 2,479,500 2,545,650 2,339,850
DTL/DTA 150,000 15,000 (79,500) (145,650) 60,150

PAT 5,600,000 5,600,000 5,600,000 5,600,000 5,600,000

 2001 2002
C. Amount Tax Base C. Amount Tax Base
Asset 1,600,000 1,600,000 Asset 1,200,000 -
Dep 400,000 1,600,000 Dep 400,000 -
C. Amount 1,200,000 - 1,200,000 C. Amount 800,000 -
360,000 SoFP DTL
SoCI

Accounting Taxable Accounting Taxable

Profit 2,400,000 2,400,000 Profit 2,400,000 2,400,000
Dep 400,000 1,600,000 Dep 400,000 -
2,000,000 800,000 2,000,000 2,400,000

CTE (240,000) (240,000) (360,000) CTE (720,000) (720,000)

DTL (360,000) DTL 120,000
C. Tax Payable (600,000) C. Tax Payable (600,000)

PAT 1,400,000 PAT 1,400,000

CTE (Tax) 240,000 CTE (Tax) 720,000

DTE 360,000 DT. Inc 120,000
ITP (Acc) 600,000 ITP (Acc) 600,000
 2003 2004
C. Amount Tax Base
Asset 800,000 - Asset
Dep 400,000 - Dep
800,000 C. Amount 400,000 - 400,000 C. Amount
240,000 120,000
120,000 SoCI 120,000

Accounting Taxable
Profit 2,400,000 2,400,000 Profit
Dep 400,000 - Dep
2,000,000 2,400,000

120,000 CTE (720,000) (720,000) 120,000 CTE

DTL 120,000 DTL
C. Tax Payable (600,000) C. Tax Payable

PAT 1,400,000 PAT

CTE (Tax) 720,000 CTE (Tax)

DT. Inc 120,000 DT. Inc
ITP (Acc) 600,000 ITP (Acc)
2004
C. Amount Tax Base
400,000 -
400,000 -
- - -
-
SoCI 120,000

Accounting Taxable
2,400,000 2,400,000
400,000 -
2,000,000 2,400,000

(720,000) (720,000) 120,000

120,000
(600,000)

1,400,000

720,000
120,000
600,000
 Rent Months Total 2001
2001 Rent receivable 30,000 5 150,000 Rental Income

2002 Rent receivable 30,000 2 60,000 Tax Profit

210,000
C.T. Expense
Rent Received 30,000 20 600,000 480000 D.T. Expense

Advance 30,000 3 90,000

P. A. T
2003 Rent Inc 30,000 7 210,000

Rent Receivable

CA
TB
TTD
DTL
2001 2001 2001
150,000 Rental Income 360,000 Rental Income 210,000

- Tax Profit 600,000 Tax Profit 120,000

- C.T. Expense 120,000 C.T. Expense 24,000

30,000 30,000 D.T. Inc 30,000 D.T. Inc -
D.T. Asset 18,000 72,000 D.T. Rev 18,000 42,000

120,000 P. A. T 288,000 P. A. T 168,000

Rent Receivable Rent Receivable

150,000 CA - CA -
- TB - TB -
150,000 TTD - TTD -
30,000 DTL - DTL -

Un. Inc (liab) Un. Inc (liab)

CA 90,000 CA -
TB - TB -
TTD 90,000 TTD -
DTL 18,000 DTL -
42,000
 CA TB TTD DTD
Land 500 Land 500 400 100
Bulding 500 Building 500 300 200
Plant 100 Car 100 0
Car 100
1200

Inven 50 Inven 50 60 10
AR 40
Cash 30
120
300 10
1320

OSC 1000
Reser 50 R. Res 50 0 50
1050

Long Loan 120

AP 55
Prov 20 Prov 20 0 20
G.G 25 G.G 25 0
Oter 50
150
50 20
1320
PD DTL DTA

100

90 3 87

25

15 6 -6
81
Unused TC 5
Unused TL 6
DTL SoFP-NCL 70
Accounting Profit 500,000 500,000 500,000 500,000 2001 2002
Dep 22,797 22,797 22,797 22,797 CA 97,203 74,406
Tax Dep (36,000) (25,200) (17,640) (12,348) TB 84,000 58,800
Taxable Profit 486,797 497,597 505,157 510,449 TTD 13,203 15,606
DTL 3,961 4,682
Acc Tax 150,000 150,000 150,000 150,000 FTY (E/(Inc) 3,961 721
C. Tax 146,039 149,279 151,547 153,135
DTE / (DTI) 3,961 721 (1,547) (3,135)

PAT 350,000 350,000 350,000 350,000

2001
CTE #REF!
DTL 3,961
ITP 150,000

2002
CTE #REF!
DTL 721
ITP 150,000

2002
CTE #REF!
DTI 1,547
ITP 150,000

2003
CTE #REF!
DTI 3,135
ITP 150,000
2003 2004
51,609 28,812
41,160 28,812
10,449 -
3,135 -
(1,547) (3,135)
Closing CA TB TTD DTL Closing CA
Land 150 100 50 15 Land -

PPE 50
R.S 50

R.S 15
DTL 15

A. Prof 1,000 R.S 600 A. Prof 1,000 A. Prof 1,000

CTE 300 DTL 600 Ac. Gain 10 CTE 300
700 Tax Gain 60 700
DTL 1,200 1,050
OCI DT Inc 1,200 315 OCI
R.S 50 315 R.S 50
DT 15 DT 15
35 35
735 735

#REF! #REF! #REF!

4,000
#REF!

CTE #REF!
DTI 600 #REF!
#REF!

Closing CA TB TTD DTL

Land 12,000 10,000 2,000 600

PPE 2,000
R.S 2,000

R.S 600
DTL 600
 TB TTD DTL
- - -

SOLD
Bank 160 - But Tax gain is 60
PPE 150 - The tax on additional 50 ie (50*30%=15) will be charged to OCI
Gain 10

DTL 15
DTI 15 - DT is created in RS but reversed in P/L on disposal of related asset

A. Prof 1,000
Ac. Gain 10
Tax Gain 60
1,050
315
315

315
 2018 2019 2020 2021
Cost 20,000,000 19,500,000 19,000,000 18,500,000
Dep 500,000 500,000 500,000 500,000
PBT 19,500,000 19,000,000 18,500,000 18,000,000

Cost 18,000,000 17,550,000 17,100,000 16,650,000

Dep 450,000 450,000 450,000 450,000
PBT 17,550,000 17,100,000 16,650,000 16,200,000

TTD 1,950,000 1,900,000 1,850,000 1,800,000

DTL-CB 390,000 380,000 370,000 360,000
- FTY 390,000 (10,000) (10,000) (10,000)

Revaluation

DTE 390,000 DTL 10,000 DTL 10,000 DTE-OCI 200,000

DTL 390,000 CT.Exp 10,000 CT.Exp 10,000 Rev Surplus 200,000

DTL 10,000
C.T.Exp 10,000

Other Comprehensive Income

Revaluation Gain 1,000,000
D. Tax on Revaluat (200,000)
Total OCI 800,000
 2022
19,000,000 CA TB
527,778 Asset 17,500,000 15,750,000
18,472,222 Rev Surplus 972,222 -
18,472,222 15,750,000
16,200,000
450,000
15,750,000

2,722,222
544,444
184,444

19,000,000 2,800,000 1,000,000

TTD 560,000 200,000 360,000 (10,000)
1,000,000

DTE-OCI 194,444
Rev Surplus 194,444

DTL 10,000
C.T.Exp 10,000
350,000 (10,000)
194,444
 EXAMPLE - 1 EXAMPLE - 9 pg 364

Acc Prof 789,000

Ad - 12.00 (12.00) (3.60)
Dep 70,000 Un. Comm 10.00 10.00 - -
Profit on dispo (97,000) A/P 30.00 25.00 (5.00) (1.50)
Dep (78,000) Rec 9.00 6.00 3.00 0.90
B. Cost (10,000) Div.Rec 8.00 8.00 - -
Fines 125,000 Int inc 3.00 - 3.00 0.45
F. Cost 15,000 RoU-A 48.82 - 48.82 14.64
Rent (80,000) Ll 53.45 - (53.45) (16.04)
734,000 Plant 234.59 225.00 9.59 2.88
Buildin 250.00 177.15 72.85 21.86
Prov Dis 34.03 - (34.03) (10.21)
9.38

262.44
400 -65.61
53.33333 13.33333 196.83
346.6667 177.147
6.666667 60
340 15
-85
255
10.85106
244.1489
 EXAMPLE - 11 pg 367

1,599,998 480,000 1,119,998 153,451 1,273,449

1,273,449 480,000 793,449 108,710 902,160
902,160 480,000 422,160 57,840 480,000
480,000 480,000 - - -

RoU-A 1,599,998
LL 1,599,998

RoU-A 1,199,999 - 1,199,999 360,000

LL 1,273,449 - (1,273,449) (382,035)

R.S 400,000 - 400,000 120,000

Acc. Profit 4,900,000 4,900,000

Acc. Dep 400,000 CTE 1,492,035
Fin cost 153,451 DTE (22,035)
Rent (480,000) PAT 6,370,000
4,973,451
CTE 1,492,035 OCI
R. S 280,000
TCI 6,650,000
 EXAMPLE 12 EXAMPLE 16

2015
PBT 121,000
2001 2002 2003 Acc Dep 11,000
A. Pro 50,000 50,000 50,000 Tax Dep (15,000)
A. Dep 3,000 3,000 3,000 117,000
T. Dep 4,000 2,400 1,440 CTE 35,100
A. Gain - - -
T. Loss (1,160) CA TB
49,000 50,600 50,400 Assets 49,000 45,000
CTE 14,700 15,180 15,120

A. Prof 50,000 50,000 50,000

2016
CTE 14,700 15,180 15,120
DTE/(DTI) 300 (180) (120) PBT 125,000
15,000 15,000 15,000 Acc Dep 14,000
Tax Dep (16,000)
PAT 35,300 34,820 34,880 Int exp 500
Int Inc (150)
Warr 1,200
7,000 6,000 1,000 300 300 Fine 6,000
4,000 3,600 400 120 (180) 130,550
- - - - (120) CTE 39,165

CA TB
Assets 35,000 29,000
Int. Pay 500 -
Int. Rec 150 -
15,000 15,000 15,000 Warr 1,200 -

DTL
124,000 Rate Chan 5,000 30,000 Opening
20,000 FTY Int. Pay 25,000 1,000 1,000
Closing 45,000 25,000 500 -

Int. Rec 4,000 300 300

4,000 150 -

2017

PBT 175,000
Acc Dep 18,500
Tax Dep (24,700)
 Warr 1,500
Int exp -
Int Inc -
Dev (17,800)
Ad 20,000
172,500
CTE 58,650

CA TB
Assets 16,500 4,300
Int. Pay 500 -
Int. Rec 150 -
Warr 2,700 -
Cap 17,800 -

Int. Pay 25,000 1,000 1,000

25,000 500 -

25,500 500 1,000

25,000 1,000 1,000
25,000 500 -

Int. Rec 4,000 300 300

4,000 150 -

4,150 150 600

3,700 555 600
3,655 278 -
XAMPLE 16 EXAMPLE 17

PBT 16 Prof 15.8

121,000 Penalty 1
CTE 35,100 Prov 1 CTE 5
DTE 1,200 Dep 1 DTE 1
84,700 F. Cost 0 5.775
L. pay (1)
Acc Dep 1 PAT 10.025
TTD/(DTD) DTL/(DTA) Tax Dep (2)
4,000 1,200 B.Cost (2)

14.65
5

125,000 CA TB TTD DTL

CTE 39,165 Prov 1 - (1) (0)
DTE 135 ROU 3 - 3 1
LL 2 - (2) (1)
Asset 13 10 2 1
0.84
85,700

CA TB TTD DTL
TTD/(DTD) DTL/(DTA) Prov 1 - (1) (1)
6,000 1,800 ROU 1.8 0 1.8 0.63
(500) (150) LL 1.2 0 -1.2 -0.42
150 45 Asset 16.7 13.85 2.85 0.9975
(1,200) (360) CWIP 2.3 0 2.3 0.805
1,335 1.4875

25,000
25,500

4,000
4,150

175,000
CTE 58,650
DTE 7,828
 108,522

TTD/(DTD) DTL/(DTA)
12,200 4,148
(500) (170)
150 51
(2,700) (918)
17,800 6,052
9,163

25,000
25,500

25,000
25,000
25,500

4,000
4,150

3,700
3,655
3,933
 EXAMPLE 17 EXAMPLE 19

Acc.Profit 50 Prof 50 15

Acc. Dep 10 CTE 16.026 A. Pro

F. C 0.07 DTA 0 A. Dep
R&D 1 16
Exp 3 13.57 Cap Gain
PAT 34 T. Dep

Rental 0.3 (1) Tax Profit

T. Dep 7 (3) CTE
R&D 1.35
Exp 2 10.15 Acc. Pro
CTE
53.42 DTE/(DTA)
CTE 16.026

CA TB TTD DTL 2013 CA

Asset - 3 (3) (1) Mach 175
ROU 1 - 1 0 F&F 40
L. L 1 - (1) (0)
R&D 14 12 2 1
-0.276 2014 CA
Mach 150
F&F 35
1 0 1 0.77
0.77 0 0 0.517
0.517 0 0 0.2387
0.2387 0 (0) 0 2015 CA
Mach 125
F&F 30

DTL-2014
Ope 30
Inc
FTY Exp/(In 5.9325
Clos 24
EXAMPLE 19 EXAMPLE 20 pg 384

2015 2014 CA TB TTD DTL

Property 63,000 28,000 35,000 10,500
40 30 P&M 100,000 90,000 10,000 3,000
30 30 A/R 73,000 73,000 - -
Prov BD 7,000 - (7,000) (2,100)
10 8 Int. Rec 1,000 - 1,000 300
12 13 Fine 10,000 10,000 - -
ROUA 80,000 - 80,000 24,000
48.255 38.95 LL 85,867 - (85,867) (25,760)
14.4765 13.6325 Int. Pay 3,300 - (3,300) (990)
29,833 8,950
40 30 Ope 3,600
14 14 FTY 5,350
5 (6)
PAT 90,000 90,000
Dep (35,000) CTE 24,650
Dep 2,000 DTE 5,350
TB TTD DTL Dep 20,000 60,000
90 85 30 Ren (28,800)
41 (1) (0) F. Cost 14,667
29.575 Fine 10,000
B. Debt 7,000
TB TTD DTL Int. Inc (1,000)
81 69 24 Int. exp 3,300
36 (1) (1) 82,167
23.6425 CTE 24,650

TB TTD DTL
73 52 16
33 (3) (1)
14.7885

DTL-2015
24
(4)
4.913583
15
 EXAMPLE 20 pg 384 EXAMPLE 22 pg 388

Acc.Profit 23.5 24 PBT 60

A. Dep 15 CTE 0.84 Acc Dep 10

Prov 2.2 DTI 6.95 Tax Dep (8)
17.2 7.79 Acc Pr (0.50)
Tax gain 1
T. Dep 6 PAT 16 Exempt Inc (6)
Exp 2 B. D 5
Exempt 1.25 W/o (3)
9.25
59
31.45 T. Loss -
Tax Loss (29) T. Pro 58.50
2 CTE 20.47

CTE 1
60

CTE 20.47
DTI (1.58)
CA TB TTD DTL 18.90
Property 30.00 - 30 10.50
Pay 2.00 - (2) (0.70) PAT 41
Prov 1.70 - (2) (0.60)
Un. T. Loss 29 (10.17)

26 (0.96)
2013 CA TB
CA TB TTD DTL Asset 104 97
Property 21.00 - 21 7.35 Prov B. D 9.00 -
Prov 3.90 - (4) (1.37) Tax Loss
17 5.98
Op (0.96)
DTI 6.95 2014 CA TB
Asset 95 90
Prov BD 12 -

2015 CA TB
Asset 83 80
Prov BD 14 -
EXAMPLE 22 pg 388 EXAMPLE 23 pg 391

45
PBT 80 PBT 80
9 Acc Dep 18 CTE 26.60
(7) Grat 12 TE-PP 1.92
BD 10 DTE (2.28)
F. Charge 11 53.76
L. Dep 24
7 Penalty 1
(4) Tax Gain 11

50 Tax Dep (30)

T. Loss (19.25) Rent (30)
T. Pro 30.75 Cap Gain (5)
CTE 10.76 Grat (10)
Acc Gain (9)

45 83
Tax Loss -
CTE 10.76 83.11
DTI 4.99
15.75 CTE 26.60

PAT 29

TTD DTL 2014 CA TB TTD DTL

7 3.15 Asset 315 284 32 11.02
(9.00) (4.05) Prov B. D 2.00 - (2.00) (0.70)
(19.25) (8.66) Prov Grat 13 (13.00) (4.55)
(21.25) (9.56) 16.50 5.77

TTD DTL 2015 CA TB TTD DTL

5 1.75 Asset 311 269 42 13.35
(12) (4.20) Prov BD 12 - (12) (3.84)
(7.00) (2.45) Prov Gra 15 - (15) (4.80)
Ope (7.44) ROUA 96 - 96 30.72
FTY 4.99 LL 101 - (101) (32.43)
9.39 3.00
Ope 5.77
TTD DTL -0.495 Add
3 0.88 FTY (2.28)
(14) (4.90)
 (4.02)
Ope (2.45) 120 30 90 11.331 101 CA
FTY Exp (1.58) 101 30 71 8.980573 80

Buildin Buildin
Cost A. Dep Cost T. Dep
Ope 350 35.00 350 66.50
Dep (4 months) - 5.83 - -
Dis (30) (3.50) -30 (5.70)
Balance 320 10.67 320 25.92
Purchas 40 1.00 40 4.00

360 49.00 360 90.72

311 269.28
 EXAMPLE 24 pg 394

PBT 508 508

Acc Dep 45 CTE 162.9
Tax gain 15 DTE 5.60
Amor -9 339.50
Warranty -54
Warranty Pro 24
Rest 17.5 34.4
Restu -3.5 13
Exp 26 21.4
Dona 5
Comm -12
Div -35
Rent 16
543
CTE 162.9
Div 0
162.9

38 49 34.4
11 35 13
16 21.4
19
84 84

CA TB TTD DTL
350 F. Assets 34.50 - 115.00 34.50
17.5 Inta 90.00 72 18.00 5.40
17.5 Prov Warranty 14.70 - (49.00) (14.70)
315
5.833333
309.1667 84.00 25.20

30
1.5 2014 CA TB TTD DTL/(DTA)
1.5 Asset - 45 (45.00) (13.50)
0.5 Intang 90.00 63 27.00 8.10
26.5 Prov Warr 35 - (35.00) (10.50)
Restruc - 14 (14) (4.20)
40 Exp payb 26 - (26.00) (7.80)
1 Comm rec 12 12 - -
39 Adv Rent 16 0 16.00 4.80
 Div Rec 35 - 35 3.50 350
282.6667 17.5
24.31541 (42.00) (19.60) 17.5
297.3513 ope -25.2 315
FTY 5.60 5.833333

Buildin

(24.30)
 EXAMPLE 25 pg 397 EXAMPLE 26 pg 400

2018 2017
PAT 125 110 LBT
Acc Dep 25 18 BD 0
Tax Dep -21 -42 Acc Dep 470
Rent -2 -4 TaxDep -284
Prep exp -1 Imp 72
B. Cost -2 Ex Loss 20
Div -6 -5 Tax gain 52
Oth Inco -10 -7 Div -16
108 70 R&D -39
CTE 37.8 CTE 21 Rent -5
Div 2.1 Div 1.6
Int 0 Int 1.6
39.9 24.2 Tax Prof
68.1 45.8 Tax loss
Tax Prof
PAT 125 PAT 110
CTE 39.9 CTE 24.2 CTE
DTE 1.60 DTE (7.50) DIV
83.50 93.30

1
5 6

7 2 3
10 3 1

4 CLOS CA
1 5 Asset 1474
Res 0
Prep Rent 6.00

CA TB TTD DTL
Asset 82 58 24.00 8.40
Rent Pay 3.00 - (3.00) (1.05)
Prep Exp 4.00 - 4.00 1.40 OPEN CA
B. Cost 0 0 - - Asset 1700
Re 0
25.00 8.75 Prep Rent 1.00
Tax loss 0
 CA TB TTD DTL
Asset 57 37 20.00 7.00
Rent Pay 1.00 - (1.00) (0.35)
Prep Exp 5.00 - 5.00 1.75
B. Cost 2 0 2.00 0.70

26.00 9.10

Ope (7.50)
FTY 1.60

CA TB TTD DTL
F. Assets 34.50 - 115.00 34.50
Inta 90.00 72 18.00 5.40
Prov Warra 14.70 - (49.00) (14.70)

84.00 25.20
EXAMPLE 26 pg 400 EXAMPLE 27 pg 402

-140 LBT -140 PBT

Acc Dep 100
CTE 17.2 W/B 30
DTA (68.60) Un. Income 65
(51.40) Int. Inc -55
NRV 35
PAT (88.60) Do -50

CTE
270 Int. inc
130
-90
40

14
3.2
17.2

TB TTD DTL OPEN CA

1220 254.00 88.90 Asset 700
25 (25.00) (8.75) Liab 70
- 6.00 2.10 Un. Comm 15
235.00 82.25 Int. Rec 30.00

Ope 150.85
FTY (68.60)

TB TTD DTL CLO CA

1116 584.00 204.40 Asset 550
64 (64.00) (22.40) Liab 100
- 1.00 0.35 Un. Comm 80
0 -90 (31.50) Int. Rec 40.00
 Inv 0
431.00 150.85

FV inv 490

1,950,000 1,000,000 20,450,000

2,045,000 1,000,000 21,495,000
2,149,500 1,000,000 22,644,500

19,500,000
20,450,000
21,495,000
EXAMPLE 27 pg 402 EXAMPLE 28 pg 405

1270 1270 PBT 50

Acc Dep 20 CTE

Ad 8 ITP-PP
CTE 427.5 Entertainment 7 DTA
DTE (67.00) Warranty 5
360.5 Div -6
F. Ch 9.51
125 PAT 909.5 L. Dep 23.77
1395
418.5 117.28
9
967.5 Div 0.60
CTE 41.05
41.65

PAT 75.63

OPEN CA TB TTD DTL

Intang 365 200 165.00 57.75
Prov fo war 18 0 (18.00) (6.30)

147.00 51.45

500 150
CLO CA TB TTD DTL
Intang 345.00 200 145.00 43.50
TB TTD DTL Ad - 8 (8.00) (2.40)
350 350.00 105.00 Prov fo war 23.00 0 (23.00) (6.90)
0 (70.00) (21.00) Div Rec 2.00 0 2.00 0.30
0 (15.00) (4.50) ROUA 103.02 0 103.02 30.91
0 30.00 6.00 LL 136.30 0 (136.30) (40.89)
295.00 85.50
82.72 24.51

Ope 51.45
FTY (26.94)
TB TTD DTL
300 250.00 75.00
0 (100.00) (30.00)
0 (80.00) (24.00)
40.00 8.00
 35 (35.00) (10.50)

75.00 18.50 126.7946 9.509596 0 136.3042

Ope 85.50
FTY (67.00)

425 65.00 19.50

 50

41.65
3.5
(26.94)
18.21

31.79
 QUESTION - 3 pg272/284 QUESTION - 4 pg272/284

2002 2001 2002 2001

PBT 100,000 100,000 PBT 100,000 100,000
Rent (10,000) 10,000 Rent 15,000 (15,000)
AD 20,000 15,000 AD 15,000 20,000
TD (30,000) (20,000) TD (20,000) (30,000)
80,000 105,000 110,000 75,000

CTE 24,000 31,500 CTE 33,000 22,500

AP 100,000 100,000 AP 100,000 100,000

CTE 24,000 31,500 CTE 33,000 22,500
DTA 6,000 (1,500) DTE (3,000) 7,500
30,000 30,000 30,000 30,000
70,000 70,000 70,000 70,000

Adv Rent 10000 0 -10000 -3000 Rent Rec 15,000 - 15,000

Asset 5000 0 5000 1500 Asset 10,000 - 10,000
-1500

Adv Rent 0 0 0 0 Rent. Rec - - -

Asset 15000 0 15000 4500 Asset 15,000 - 15,000
4500
Ope -1500 Ope
FTY 6000 FTY
272/284 QUESTION - 5 pg272/285 QUESTION - 8 pg272/2

2002 2001 2002

PBT 100,000 100,000 PBT 250,000
Rent 12,000 (12,000) Rent (16,000)
AD 10,000 30,000
TD (15,000) (20,000)
107,000 98,000 234,000

CTE 32,100 29,400 CTE 70,200

AP 100,000 100,000 AP 250,000

CTE 32,100 29,400 CTE 70,200
DTE (2,100) 600 DTE 4,800
30,000 30,000 75,000
70,000 70,000 175,000

4,500 Prep Rent 12,000 - 12,000 3,600 Rent pay 16,000

3,000 Asset - 10,000 (10,000) (3,000) Asset -
7,500 600

- Prep Rent - - - - Prep Rent -

4,500 Asset - 5,000 (5,000) (1,500) Asset -
4,500 (1,500)
7,500 Ope 600
(3,000) FTY (2,100)
QUESTION - 8 pg272/285 QUESTION - 10 pg273/289

2001 2007 2008 2009

250,000 PBT 500,000 500,000 500,000
16,000 AD 25,000 25,000 25,000
TD (30,000) (32,000) (35,000)
495,000 493,000 490,000
266,000

79,800 CTE 198,000 172,550 147,000

250,000 AP 500,000 500,000 500,000

79,800 CTE 198,000 172,550 147,000
(4,800) DTE 2,850 2,950 3,000
75,000 200,850 175,500 150,000
175,000 299,150 324,500 350,000
2000000 175000 150000

- (16,000) (4,800) Asset 525,000 515,000 10,000 3,000

- - -
(4,800) Asset 500,000 483,000 17,000 5,950
Openi 3,000
- - - Rate-P/L 500
- - - FTY-P/L 2,450
-
Ope (4,800) Asset 475,000 453,000 22,000 8,800
FTY 4,800 Openi 5,950
Rate 850
FTY 2,000
 QUESTION - 11 pg273/290 QUESTION - 14 pg275 / 290

2005 2006 2007

PBT 200,000 200,000 200,000 PBT 300,000
AD 55,000 55,000 55,000 Div Inc (5,000) CTE
TD (35,000) (40,000) (65,000) Ren Inc 25,000 DTE
220,000 215,000 190,000 Rent (12,000)
90,000
PAT 308,000
CTE 88,000 64,500 66,500 CTE 92,400

AP 200,000 200,000 200,000

CTE 88,000 64,500 66,500
DTE (8,500) (5,000) 3,500
79,500 59,500 70,000
120,500 140,500 130,000
80,000 60,000 70,000

Asset 495,000 485,000 10,000 3,500 PPE 355,000 290,000 65,000

Adv Inc 15,000 - (15,000)
Asset 440,000 445,000 (5,000) (1,500)
Openi 3,500 Open
Rate-P/L (500) FTY
FTY-P/L (4,500)

Asset 385,000 410,000 (25,000) (10,000) PPE 320,000 265,000 55,000

Openi (1,500) Prep Exp 10,000 - 10,000
Rate (500) Adv Inc 28,000 - (28,000)
FTY (8,000)
Open
FTY
12000 15000
28000 25000
275 / 290 QUESTION - 16 pg 276 / 297 QUESTION - 17 pg 277 / 2

300,000 TCI 508,000 508,000 PBT 32

92,400 AcDep 35,000 CTE 147,300 Ac Dep 2.5
(3,900) Ad. Rent 5,000 DTE 10,800 Un Inc 0.3
88,500 Fines 9,000 152400 158,100
211,500 Tax Dep -5
TaxDep (30,000) 349,900 War 3
Prep Rent (6,000) BD 2.5
Div (30,000) W.O -2
Div -5
491,000
CTE 147,300 28.3
11.32

19,500 PPE 120,000 85,000 35,000 10,500 PPE 25

(4,500) Adv rent 5,000 - (5,000) (1,500) ProvWar 3
15,000 Prep Rent 6,000 - 6,000 1,800 Une Inco 0.3
11,000 Ad pay 10,000 10,000 - - Prov BD 1
4,000 IncRec 20,000 20,000 - -
36,000 10,800

16,500
3,000
(8,400)
11,100
15,000
(3,900)
QUESTION - 17 pg 277 / 299 QUESTION - 23 pg 279 / 310

PBT 32 PBT 80 PBT 80

CTE 28.3 Acc Dep 75 CTE 36.8
DTE 2.36 Tax Dep -42 DTE -3.2
PAT 1.34 Gratuity 12 PAT 46.4
Gratuity -10
OCI
RS 102
115 TCI 148.4
0.3 36.8 0.3
2.5 2.5
-2 -2
0.8 0.8

15 10 4 PPE 250 238 12 3.84

- -3 -1.2 Prov Grat 15 - -15 -4.8
- -0.3 -0.12
- -0.8 -0.32 -3 -0.96
Ope 2.24
5.9 2.36 FTY -3.2

Reva 150 0 150 48

Reva 125 0 125 40

OCI-FTY 48
OCI-Rev -8
 QUESTION - 24 pg 280 / 311(loss) QUESTION - 24 pg 280 / 311 (loss)

2003 2002 2001 2006 2005 2004

Acc Pr/lo 100,000 (20,000) (40,000) Acc Pr/lo 200,000 (10,000) (20,000)
Acc Dep 40,000 40,000 40,000 Acc Dep 60,000 60,000 60,000
Tax Dep - (60,000) (60,000) Tax Dep - (90,000) (90,000)
140,000 (40,000) (60,000) 260,000 (40,000) (50,000)
Lossb/f (100,000) (60,000) - Lossb/f (90,000) (50,000) -
FTY 40,000 (100,000) FTY 170,000 (90,000)
CTE 12,000 CTE 51,000

Acc Pro 100,000 (20,000) (40,000) Acc Pro 200,000 (10,000) (20,000)
CTE 12,000 - - CTE 51,000 - -
DTA 18,000 (6,000) (12,000) DTA 9,000 (6,000) (6,000)
70,000 (14,000) (28,000) 140,000 (4,000) (14,000)

Car 80,000 60,000 20000 6000 Car 120,000 90,000 30000

Un. Tax loss -60000 -18000 Un. Tax loss (50,000)
-12000

Car 40,000 - 40000 12000 Car 60,000 - 60000

Un. Tax loss (100,000) -30000 Un. Tax loss (90,000)
-18000
Opone -12000 Opone
FTY -6000 FTY

Car - - 0 0 Car - - -
18000
0 / 311 (loss)

9000
-15000
-6000

18000
-27000
-9000
-6000
-3000

-
9000
Accounting Profit 4,500,550 RECONCILIATION

Add: Acc Dep 600,000 ToAP

Penalty 45,000 Penalty 45,000
B. Debts 75,000
Gratuity 250,000 Capital Gain (75,600)
Dividnd (138,056)
Less: Tax Dep (725,000)
Gratuity paid (100,000) ToTP
Capital Gain (75,600) DTI
B. Debts (40,600)
Dividend (138,056)
Int on BC (40,000)

Acc Dep (125,000)

Profit Before Tax 4,351,294 B. Debts 34,400
C. Tax 1,305,388 Gratuity 150,000
C. Tax on Div 13,806 1,319,194 BC (40,000)

Tax Profit 3,032,101

Q A. Profit 1,000 Disposal for 65

Opening CA Asset 500 Acc Dep 200 Disp Ac CA 50 Acq 400
Opening TB Asset 400 Tax Dep 250 Disp TB 30

Accounting Profit 1,000 RECONCILIATION

Add: Acc Dep 200 ToAP

Tax Gain 35

ToTP
Less: Tax Dep (250) DTI
Ac Gain (15)

970
C. T. E 291
D.T.E 9 OPENING
CA
PPE 500
500
1,350,165
13,500

(22,680)
(27,611) 1,313,374

1,319,194
(5,820) 1,313,374

TTD DTD DTL DTA

(37,500) Acc Dep 125,000 37,500
10,320 B. Debts 34,400 10,320
45,000 Gratuity 150,000 45,000
(12,000) BC 40,000 12,000
5,820
49,500 55,320 (5,820)

300 300
-

291
9 300

OPENING CLOSING
TB Diff DT CA TB Diff DT
400 100 30 PPE 650 520 130 39
400 100 30 650 520 130 39
Accounting Profit 650,000 195000 OPENING
CA TB
Accounting Depreciation 250,000 PPE 1,440,000 1,005,000
Tax Depreciation (280,000) Rent Receivables 86,000 -
Impairment loss 105,000 Gratuity 98,000 -
Accounting gain (40,000)
Tax Gain 63,000
Forex Loss 12,000
Rent Received 221,000 PPE PPE
Ac Rent Received (260,000) 1,440,000 250,000 1,005,000
Grauity payable 189,000 150,000 105,000 162,000
Gratuity paid (168,000) 210,000

742,000 1,025,000
Tax 222,600 1,590,000 1,590,000 1,167,000
DTI 27,600
195,000
547,000

Accounting Profit 650,000 195000 OPENING

CA TB
Accounting Depreciation 100,000 PPE 700,000 560,000
Tax Depreciation (90,000) Prepaid Expense 12,000 -
Rent Received 138,900 Advance Rent 12,600 -
Rent Income (126,500)
Prep. Exp (53,000)
Prep. Exp 55,000
PPE PPE
700,000 560,000
100,000 -

674,400 600,000
Tax 202,320 700,000 700,000 560,000
DTI 7,320
195,000
479,400

Accounting Profit 200,000 60000 OPENING

CA TB
Accounting Depreciation 100,000 PPE 100,000 80,000
Tax Depreciation (125,000)
Time barred 40,000 PPE PPE
Excess Disposal Gain 10,000 100,000 100,000 80,000
Taxable Profit 225,000 250,000 100,000 250,000
 150,000
Tax 67,500 350,000 350,000 330,000
DTI 7,500
60,000
165,000

Accounting Profit 80,000 24000 OPENING

CA TB
Accounting Depreciation 85,000 PPE 635,000 592,000
Warranty Provi 2,500 Prov fo Lia 8,600 -
Promo exp 900
Tax Depreciation (103,000)
Warranty Paid (3,100)
PPE PPE
62,300 635,000 85,000 592,000

Tax 18,690 (958) 550,000

DTE 6,268 635,000 635,000 592,000
24,958
(24,058)

ToAP 24000
+ Disalowed 270
+ Change of tax rate 688

24958
Effective Tax rate 31.20
OPENING CLOSING
Diff DTL CA TB Diff DTL
435,000 130,500 1,025,000 700,000 325,000 97,500
86,000 25,800 125,000 - 125,000 37,500
(98,000) (29,400) 119,000 - (119,000) (35,700)
126,900 99,300

PPE Rent Gratuity DTL

280,000 86,000 221,000 168,000 98,000 27,600 126,900
187,000 260,000 189,000

700,000 125,000 119,000 99,300

1,167,000 346,000 346,000 287,000 287,000 126,900 126,900

OPENING CLOSING
Diff DTL CA TB Diff DTL
140,000 42,000 600,000 470,000 130,000 39,000
12,000 3,600 10,000 - 10,000 3,000
(12,600) (3,780) 25,000 - (25,000) (7,500)
41,820 34,500

PPE Advance Rent Prepaid Expe DTL

90,000 126,500 12,600 12,000 55,000 - 41,820
- 138,900 53,000 - 7,320 -

470,000 25,000 - 10,000 34,500

560,000 151,500 151,500 65,000 65,000 41,820 41,820

OPENING CLOSING
Diff DTL CA TB Diff DTL
20,000 6,000 150,000 115,000 35,000 10,500

PPE DTA DTL

125,000 7,500 7,500 6,000
90,000 - 4,500
 115,000 10,500
330,000 7,500 7,500 10,500 10,500

OPENING CLOSING
Diff DTL CA TB Diff DTL
43,000 12,040 550,000 489,000 61,000 18,300
(8,600) (2,408) 8,000 - (8,000) (2,400)

9,632 15,900

PPE Provision DTA DTL

103,000 8,600 9,632
3,100 2,500 - 688
489,000 8,000 15,900 5,580
592,000 11,100 11,100 - - 15,900 15,900
6,260 12,900
8
 2001 2002 2003 A. prof 1000 A. prof

A. Prof 1000 1000 1000 A Gain 5

CTE 300 300 310.5 Tax Gain 40 DT on Gain
DTI 10.5
To. Tax 300 300 300 Tax Profit 1035
CTE 310.5
700 700 700
PAT per tax 724.5 Tax on TP
OCI
R. Surplus 20 15 0
DTE 6 4.5 0
Total OCI 14 10.5 0

714 710.5 700

306 304.5
1000 300

35 10.5

1035 310.5 724.5

1000 800
500 400
1200
 CA TB TTD DTL CA TB TTD
PPE - Cost 6,800,000 5,600,000 1,200,000 300,000 5,780,000 4,480,000 1,300,000
Reval
ROU Asset 1,201,498 - 1,201,498 300,375 934,499 - 934,499
L. Liab 909,093 - (909,093) (227,273) 718,880 - (718,880)
Rent Pay 700,000 - (700,000) (175,000) 650,000 - (650,000)
Pre Ins 125,000 - 125,000 31,250 350,000 - 350,000
Research - 640,000 (640,000) (160,000) - 560,000 (560,000)

Disposal
1/7/2017 350,000 26,250 35,000
31/12/2018 323,750 48,563 315,000 63,000
31/12/2019 275,188 41,278 252,000 50,400
31/12/2020 233,909 8,772 201,600 10,080
225,138 191,520

S. Price 230,000
Acc Gain 4,862
Tax Gain 38,480

Revaluation 266,500 216241.2 36040.2

DTE 79,950
Balance 186,550

LEASE ROU Asset 1,334,998

282,363 3.03734935 857,635 195,000

Opening Rental Balance F. Cost Balance

2019 1,139,998 282,363 857,635 51,458 909,093

909,093 - 909,093 51,458 960,551

2020
960,551 282,363 678,188 40,691 718,880

718,880 - 718,880 40,691 759,571

2021
759,571 282,363 477,208 28,632 505,840

505,840 - 505,840 28,632 534,473

2022
534,473 282,363 252,110 15,127 267,236

267,236 - 267,236 15,127 282,363

2022
282,363 282,363 - - -

2022 - - - - -
DTL CA TB TTD DTL
325,000 PPE 4,563,201 3,422,720 1,140,481 342,144
266,500 - 266,500 79,950
233,625 667,499 - 667,499 200,250 Add
(179,720) 505,840 - (505,840) (151,752)
(162,500) 400,000 - (400,000) (120,000)
87,500 500,000 - 500,000 125,000
(140,000) - 480,000 (480,000) (120,000)

5,780,000 4,480,000
266,500 -
991,661 865,760
Less
225,138 191,520
4,829,701 3,422,720

4,563,201
Acc Profit 3,500,000

Acc. Dep 991,661

Tax Gain 38,480
L. Dep 267,000
F. Charge 92,149 1,389,290

Tax Dep 865,760

Acc Gain 4,862
L. Rental 282,363
Rent 250,000
Insu 150,000
Research 80,000
Associate 435000 2,067,985

Taxable Profir 2,821,305

Tax - Current 846,392
Tax - Prior

DT on Tax 45,000
801,392
 TEST YOUR UNDERSTANDING 3

Revenue 50,000 W-1

COGS 16,000
Gross Profit 34,000

Distribution Expense 10,400

Administration Expense 15,550
Finance Cost 800
26,750 W-2
Operating Profit 7,250
Tax (Current + Deferred) 3,100
Proft for the year 4,150

OCI
Revaluation Gain 6,000

Total Comprehensive Income 10,150

Profit after tax 4,150

Non Current Assets

Non Current Assets 41,000 W-3

Current Assets
Inventory 12,000
Trade Receivable 10,450
Cash & cash Equivalents 8,100
71,550 W-4

Equity
Ordinary Share Capital @ $1.5 each 8,000
Share Premium 3,000
Revaluation Reserves 6,000
Retained Earnings 5,550 W-5

Non Current Liabilities

10% Loan Notes 8,000
Deferred Tax Liability 8,600

Current Liability
Trade Payables 29,000
Interest Payable 400
Tax Payable 3,000
71,550
 -

TEST YOUR UNDERSTANDING 4

Revenue 190,000
COS 134,500
G. Profit 55,500

D. Cost 7,100
Admin Exp 23,200
Finance Cost 400
30,700
W-1
Profit Before Tax 24,800

Income Tax Expnse 13,250

Current Tax 12,500
Deferred Tax 750 W-2

Profit for the year 11,550

OCI
Revaluation Surplus 4,000
To Deferred Tax 1,200
Total OCI 2,800

TCI 14,350

Non-Current Assets
Building 22,500
Plant & Equipments 12,000

Current Assets
Inv 27,400
Tr. Receivables 16,500
78,400

Equity
Ordinary Share Capital 30,000
Retained Earning 15,700
Revaluation Surplus 2,800

Non-Current Liabilites
Deferred Tax 3,300
Current Liabilities
Tr. Payables 13,500
Bank Overdraft 1,100
C. Tax 12,000
78,400
-
G3

COGS
Inventory Opening 8,000
Purchases 20,000
Closing (16,000-8,000+4,000) 12,000
COGS 16,000

Income Tax
Overprovision (500)
Current Year 3,000
For the year 2,500

Deferred Tax Liability

Opening 8,000
For the year 600
Closing 8,600

Retained Earnings
Opening 3,000
For the year 4,150
Dividends paid (1,600)
5,550

Deferred Tax FTY

G4

Current Tax
Underprovision 500
FTY 12,000
12,500

Deferred Tax
Opening 1,350

On Closing Assets
Closing 2,100

On Rev Asset
Closing 1,200

For the year 1,950

OCI 1,200
P/L 750
EQUITY AND SHARES Building
Equity 10,000 Cost 20000
Retained Earnings (4,292) Depreciation till 1-4-X7 4000
Opening CA 16000

NON-CURRENT LIABILITIES Depreciation till 1-4-X8 400

Provision 1,289
5% Loan notes 5,015 CA 15600
Deferred Tax Liability 1,703 Impairment Loss 3600

CURRENT LIABILITIES Imapired to 12000

Current Liabiliites 34,500 48,215 Dep till 30-9-X8 500
CA 11500

NON-CURRENT ASSETS 4,875

Office Building 11,500 5,015
Factories 22,015 5,166
5,329
CURRENT ASSETS 5,506
Current Assets 14,700 48,215

-
 Factories
Cost 40000
Depreciation till 1-10-X7 11100
Opening 28900

Disposal 3000
CA 25900

Open 1500
Dep till 30-9-X8 3885 FTY 203
22015 33515 25000 8515 1703

390 250 5,015

401 250 5,166
413 250 5,329
426 250 5,506
440 250 5,696
 4122
125
500
-61.4
-3600
-900
-3885
-203
(390)
-4292.4
Pg 71 / 210
Under 2.1 Under 700,000
141 15.9 Current 16.2 Current 4,500,000
142 1.2 Openin -5.4 Openin (8,400,000)
143 345000 Clo 3 Clo 4,400,000
144 130 15.9 1,200,000
145 19000000
146 5100
147
148
255,000 310 140 Over (800,000) 35,000
15,000 130 160 Current 19,400,000 7,000
75,000 130 270 Openin (2,600,000) 33,000 16,000 17,000
345,000 570 570 Clo 3,000,000
19,000,000
5,100
 1 c) 400,000 280,000 120,000 36,000 310,000
2 d) 56,100
3 c) 88,000 370,000
4 c) 8,000
5 a) 9,000 90,000
6 c)
7 c) 16.80
8 c) 1.20 PPE
9 d) 345,000
10 d) 27,000
11 a) 45,000
12 d)
13 a)
14 d) 3,000
15 a)
16 d) 3,000
17 b) 130
18 b) 19
19
20
21 b) 3,000,000 1,725,000 1,275,000 408,000
22 a) + c) 2,325,000 975,000 1,350,000 432,000
23 d) 552,000 24,000
375,000 - 375,000 120,000
552,000
230,000 80,000 24,000 43,000 130 300
(130,000) 440 270
270,000 100,000 30,000 90,000
3,000
- 90,000 27,000

460,000 P/L 6,000

OCI 27,000
i) DTL 7
1200 80 1120

ii) DTE-PL 14 1120 1080 40

DTE-OCI 49 140

iii) DTA 6.3 0 18 -18

iv) PD / No DT / No CT 8 8 0

v)
C/f for 6 years if future taxable profits will be
available to adjust against DT on Tax Losses. If future
profit not available, reassess each year if future profit
becomes available.
 RS
1260 140

14
49
63

-6.3

0
Profit 130 39
CA TB
Commi 15 RS Asset 69
Don 2 39 Int. Rec 22 0
Exp 25 42 Un. Inc 45 0
D.C 0 18
17 CWIP 8 0
FI 10 0
Tax Dep 9
Int. Rec 12
Dep 7 R.S -6
BC 8
Div 4
FV Gain 10 50 Opening
FTY
122
Un. TL -50
72

21.6
Div @ 10% 0.4
Other @ 30% 22
TTD DTL
69 20.7
22 6.6
-45 -13.5
-18 -5.4
8 2.4
10 1.5
12.3

-6 -1.8 18.9
10.5

0
10.5 SoCI-P/L 12.3
SoCI-OCI -1.8
10.5
PBT 105 36.75
CA TB TTD DTL
F. Cost 1.938639 4.98 Prop 50 45 5 1.6
A. Dep 28.26942 Other 0 0 39.00 12.48
Othrt 9 39.21

FV GAin 10
T. Dep 5
Forex gain 16 14.08
T. Amor 10
T. Dep 21
Div 8 70
R. Sur 5 5 1.6
74.20806

CTE 25.97282
DTE 5.80
31.77 31.77 39 12.48 12.48
13.65 1.17

30 10.5
FTY 3.15
 CA TB TTD DTL
Prop 50.00 40.00 10.00 3.50
Lic 116.00 90.00 26.00 9.10
16.15533 Decomm 18.09 - (18.09) (6.33)
Plant 197.89 189 8.89 3.11
Other 0 0 30.00 10.50

19.88
Ope 14.08
FTY-P/L 5.80

R. Sur 15 0 15.00 5.25

Ope 1.6 7.40
Rate FTY 0.15
FTY 3.50

FTY 3.5
R. chn 1.75
Ope 1.6
Clos 3.65
 2002 2001
A. Pro 100,000 100,000
Adv. Rent 10,000
Ac Dep 20,000 15,000
T. Dep (30,000) (20,000)
90,000 105,000
CTE 27,000 31,500

Q-6 2002 2001

A. Pro 100,000 100,000
Rent Ex 10,000 (10,000)
Ac Dep 17,000 10,000
T. Dep (16,000) (9,000)
111,000 91,000
CTE 33,300 27,300

Q-8 2002 2001

A. Pro 250,000 250,000 CA
Rent Ex (16,000) 16,000 R. Pa 16,000
234,000 266,000
CTE 70,200 79,800

Q-9 2003 2002 2001 CA

A. Pro 100,000 100,000 100,000 20,000
A. Dep 10,000 10,000 10,000 10,000
T. Dep (4,000) (12,000) (14,000) -
106,000 98,000 96,000
CTE 31,800 29,400 28,800

CTE 31,800 29,400 28,800

DTE/DTI 1,800 600 1,200
ITP 30,000 30,000 30,000

Q-10 2003 2002 2001 CA

A. Pro 100,000 100,000 100,000 525,000
A. Dep 25,000 25,000 25,000 500,000
T. Dep (30,000) (32,000) (35,000) 475,000
95,000 93,000 90,000
CTE 28,500 27,900 27,000

CTE 28,500 27,900 27,000

DTE 1,500 2,100 3,000
ITP 30,000 30,000 30,000
Q-13 2002 2001 274 / 293 CA
A. Pro 100,000 100,000 Asset 120,000
A. Dep 25,000 25,000 Adv. Rent 5,000
Rent Rec 6,000 Int. Rec 20,000
T. Dep (30,000) (32,000)
Rent Inc (3,000)
98,000 93,000
CTE 29,400 27,900 CA
DTE 600 Asset 145,000
Adv. Rent 2,000

Q-14 2002 2001 274 / 294 2002 CA

A. Pro 300,000 90,000 PPE 355,000
A. Dep 35,000 Pre. Exp -
Rent Rec 25,000 Adv. Inc 15,000
Rent Cash (12,000)
T. Dep (25,000)
Pre Exp (10,000)
Div (5,000)
308,000 2003 CA
CTE 92,400 92,400 Asset 320,000
DTI (3,900) Pre. Exp 10,000
88,500 Adv. Inc 28,000
1,500

275 / 296
Q-15 2003 2002 2001 CA
A. Pro 30,000 20,000 34,000 2000 70,000
A. Dep 12,000 16,000 6,000 2001 64,000
T. Dep (20,000) (20,000) (20,000) 2002 48,000
Div (10,000) (10,000) (10,000) 2003 36,000
12,000 6,000 10,000
CTE 3,600 1,800 3,000
DTI/DTA Rev 2,400 1,200 4,200

276 / 297
Q-16 2003 2000 CA
A. Pro 508,000 Asset 155,000
Adv. Rent (1,000)
Fines 9,000
A. Dep 35,000 2001 CA
T. Dep (30,000) Asset 120,000
Div (30,000) Pre. Rent 6,000
491,000 147,300 Int. Rec 20,000
CTE 147,300 DTI (1,200) Adv. Rent 5,000
146,100

277 / 299
Q-17 2003 2000 CA
A. Pro 32 Asset 25
A. Dep 2.50
Prov BD FTY 2.50
Un. Inc 0.30 2001 CA
Warr 3.00 Asset 25
T. Dep (5.00) Un. Inc 0.30
Div (5.00) Prov War 3.00
BD W/O (2.00) Prov BD 0.80
28.30
CTE 11.32

277 / 300
Q-18 2003 2001 CA
A. Pro 500,000 ROU 623,333
A. Dep 124,667 L. Lia 648,576
F. Cost 67,320
Rentals (166,744)
525,243
CTE 183,835

277 / 301
Q-19 2003 2001 CA
A. Pro 400,000 140,000 ROU 68,523
A. Dep 17,131 1,085 L. Lia 71,624
F. Cost 6,511
Rentals (20,541)
403,101
CTE 141,085 141,085

278 / 302
Q-20 2016 2015 2000 CA
A. Pro 300 200 Int. Rec 10
Int. Inc (5) 12 Pre. Elec 20
Inc. (10) 40 Int. Pay 12
Un. Inco 40
Pre. Elec (5) (20)
Int. Paid (4) (10)
2001 CA
 276 222 Int. Rec 15
CTE 83 67 Pre. Elec 25
7 (7) Int. Pay 8
90 60 Un. Inco 30

279 / 310
Q-23 2016 CA
A. Pro 80 Assets 250
A. Dep 75 Prov 15
Grat 12

Prov (10)
T. Dep (42) RS 102

115
CTE 37
(11) CA
26 Assets 300
Prov 13

280 / 311
Q-24 2003 2002 2001 CA
A. Pro 100,000 (20,000) (40,000) 2001 Assets 80,000
A. Dep 40,000 40,000 40,000 Un. Losses 60,000
T. Dep - (60,000) (60,000)
2002 Assets 40,000
140,000 (40,000) (60,000) Un. Losses 100,000
Un. T. Loss (100,000) (60,000)
Total Loss 40,000 (100,000) (60,000)
2003 Assets -
CTE 12,000 - -
DTA (12,000) - -
- - -

280 / 312
Q-24 2003 2002 2001 CA
A. Pro 200,000 (10,000) (20,000) 2001 Assets 120,000
A. Dep 60,000 60,000 60,000 Un. Losses 50,000
T. Dep - (90,000) (90,000)
2002 Assets 60,000
260,000 (40,000) (50,000) Un. Losses 90,000
Un. T. Loss (90,000) (50,000)
Total Loss 170,000 (90,000) (50,000)
2003 Assets -
CTE 51,000 - -
DTA 9,000 - -
60,000 - -

281 / 314
Q-26 2003 CA
A. Pro 330 99 CWIP 207
Int. Inc 5
Int. Exp (12)
323

CTE 97
DTE 2
99

!27 + 28 + 30
Revaluation
TB TTD DTL
- (16,000) (4,800)

TB TTD DTL
16,000 4,000 1,200 1,200
4,000 6,000 1,800 600
- - - (1,800)

TB TTD DTL
515,000 10,000 3,000 3,000
483,000 17,000 5,100 2,100
453,000 22,000 6,600 1,500
TB TTD DTL
85,000 35,000 10,500
- (5,000) (1,500)
20,000 - -
9,000

TB TTD DTL
115,000 30,000 9,000
- (2,000) (600)
8,400
FTY 600

TB TTD DTL
290,000 65,000 19,500
- - - Advn Rent
- (15,000) (4,500) 12,000 15,000
15,000 28,000 25,000
Ope 8,000
FTY 7,000

TB TTD DTL
265,000 55,000 16,500
- 10,000 3,000
- (28,000) (8,400)
11,100
Ope 15,000
FTY-DTI (3,900)

TB TTD DTL/(DTA)
90,000 (20,000) (6,000) (6,000) 6,000 4,200
70,000 (6,000) (1,800) 4,200 1,800
50,000 (2,000) (600) 1,200 1,800 1,200
30,000 6,000 1,800 2,400 600
600 2,400
1,800

TB TTD DTL/(DTA)
115,000 40,000 12,000

TB TTD DTL/(DTA)
85,000 35,000 10,500
 - 6,000 1,800
20,000 - -
- (5,000) (1,500)
10,800
(1,200)

TB TTD DTL/(DTA)
17 8 2

TB TTD DTL/(DTA) Prov fo BD

15 10 4.00 2.00 0.30
- (0) (0.12) 0.80 2.50
- (3) (1.20)
- (1) (0.32) 2.80 2.80
5.90 2.36
(0.04)

TB TTD DTL/(DTA) 748,000 67,320 166,744 648,576

- 623,333 218,167 648,576 58,372 166,744 540,204
- (648,576) (227,002) 540,204 48,618 166,744 422,078
(25,243) (8,835) 422,078 37,987 166,744 293,321
293,321 26,399 166,744 152,976
152,976 13,768 166,744 0
252,464 1,000,464

85,654
TB TTD DTL/(DTA) 85,654 20,541 65,113 6,511
- 68,523 23,983 71,624 20,541 51,083 5,108
- (71,624) (25,068) 56,191 20,541 35,650 3,565
(3,101) (1,085) 39,215 20,541 18,674 1,867
20,541 20,541 - -

102,706 170,519

TB TTD DTL/(DTA) 85,654 20,541 65,113 6,511

- 10 3 71,624 20,541 51,083 5,108
- 20 6 56,191 20,541 35,650 3,565
- (12) (4) 39,215 20,541 18,674 1,867
- (40) (12) 20,541 20,541 - -
(7)
102,706 170,519
TB TTD DTL/(DTA)
 - 15 5
- 25 8
- (8) (2)
- (30) (9)
1
(7)
7

TB TTD DTL/(DTA) Prov fo Grat

238 12 4 10.00 13.00
- (15) (5) 12.00
-0.96 15.00
FTY -3.2 25.00 25.00

- 102 32.64 DTL

DTI 8.00 2.24 Op
DTI (rev) 3.20 48.00 R. S
39.04
TB TTD DTL/(DTA) 50.24 50.24
280 20 6
- (13) (4)
2.24

TB TTD DTL/(DTA) DTA

60,000 20,000 6,000 Clos 12,000 12,000 Op
- (60,000) (18,000) (12,000) FTY 6,000 12,000 Op
Clos 18,000
- 40,000 12,000 FTY 12,000 18,000 Op
- (100,000) (30,000) (18,000) Clos 6,000
FTY (6,000) 36,000 24,000

- - - -

TB TTD DTL/(DTA) DTA

90,000 30,000 9,000 Clos 6,000 6,000
- (50,000) (15,000) (6,000) FTY 3,000 6,000
Clos 9,000
- 60,000 18,000 FTY 3,000 9,000
- (90,000) (27,000) (9,000) Clos 6,000
FTY (3,000) 18,000 12,000
 - - - -

TB TTD DTL/(DTA)
200 7 2