presented by

STEPHEN RAJ.J
 Britannia Industries Limited
Found on 1892 at an investment of Rs.265.
Headquartered at kolkata.
The Britannia Biscuit Company Limited
(BBCo) was launched by C.H. Holmes in
1918.
Acquired by Wadia Group in early 1990s.
Principal activity is the manufacture and sale
of biscuits, bread, rusk, cakes and dairy
products.
 Subsidiary Industries
Britannia and Associates (Mauritius) Private
Limited
Britannia Lanka Pvt. Ltd- Srilanka.
Strategic Food International Co. LLC – Dubai
AL Sallan Food Industry – Oman
International Bakery Products Limited
Sunrise Biscuit Company Pvt. Ltd.
 TERMS DISCUSSED
 An ASSET is a resource with economic value that an individual
corporation or country owns or controls with the expectation that it will
provide a future benefit. Assets are reported on a company's balance sheet
and are bought or created to increase a firm's value or benefit the firm's
operations.
 CAPITAL WORK IN PROGRESS is an account which contains all the
expenses incurred for the generation of an asset before the balance sheet
date.
 GOODWILL arises when a company acquires another entire business.
 An INTANGIBLE ASSET is an asset that is not physical in nature.
Goodwill, brand recognition and intellectual property, such as patents,
trademarks, and copyrights, are all intangible assets.
 An INVESTMENT is a monetary asset purchased with the idea that the
asset will provide income in the future or will later be sold at a higher price
for a profit.
 TERMS DISCUSSED
 A FINANCIAL ASSET is a liquid asset that gets its value from a
contractual right or ownership claim. Cash, stocks, bonds, mutual funds,
and bank deposits are all are examples of financial assets.
 TRADE RECEIVABLES are amounts billed by a business to its
customers when it delivers goods or services to them in the ordinary course
of business.
 EQUITY is typically referred to as shareholder equity (also known as
shareholders' equity) which represents the amount of money that would be
returned to a company’s shareholders if all of the assets were liquidated and
all of the company's debt was paid off.
 EQUITY SHARE CAPITAL refers to the portion of the company's
money which is raised in exchange for a share of ownership in the
company.
 LIABILITIES are defined as a company's legal financial debts or
obligations that arise during the course of business operations.
 TERMS DISCUSSED
 A LOAN is money, property or other material goods given to another party
in exchange for future repayment of the loan value or principal amount,
along with interest or finance charges.
 A DEFERRED TAX ASSET is an asset on a company's balance sheet that
may be used to reduce its taxable income. It can refer to a situation where a
business has overpaid taxes or taxes paid in advance on its balance sheet.
 CURRENT ASSETS represent all the assets of a company that are
expected to be conveniently sold, consumed, utilized or exhausted through
the standard business operations, which can lead to their conversion to a
cash value over the next one year period.
 INVENTORY is the term for the goods available for sale and raw
materials used to produce goods available for sale.
 TERMS DISCUSSED
 NONCURRENT LIABILITIES are those obligations not due for
settlement within one year.
 A GOVERNMENT GRANT that becomes receivable as compensation for
expenses or losses already incurred or for the purpose of giving immediate
financial support to the entity with no future related costs is recognized in
profit or loss of the period in which it becomes receivable.
 A DEFERRED TAX LIABILITY is a tax that is assessed or is due for the
current period but has not yet been paid. The deferral comes from the
difference in timing between when the tax is accrued and when the tax is
paid.
 A PROVISION is the amount of an expense. that an entity elects to
recognize now, before it has precise information about the exact amount of
the expense.
 TYPES OF BALANCE SHEET
 A CONSOLIDATED BALANCE sheet presents the assets and liabilities
of a parent company and all its subsidiaries on a single document, with no
distinctions on which items belong to which companies.
 Each one company prepares different financial statements such as balance
sheet, profit and loss statement, statement of cash flows and statement of
shareholders' equity. Such financial statements of single entity is known
as STANDALONE BALANCE SHEET.
PARTICULARS STANDALONE CONSOLIDATED
ASSETS(as on 31.03.2019) AMOUNT(IN CRs) AMOUNT(IN CRs)
1.NON CURRENT-ASSETS
(a) Property, plant and
1,283.85 1,535.58
equipment
(b) Capital work-in-progress 64.91 101.24
(c) Investment property 36.13 14.73
(d)goodwill - 130.37
(e) Intangible assets 7.62 7.62
(f)investment in associates - 1.04
(g) Financial assets
(i) Investments 1,050.97 725.36
(ii) Loans receivable 15.55 19.02
(iii) Other financial assets 1.00 28.67
(h) Deferred tax assets (net) - 13.75
(i) Income tax assets (net) 29.52 37.02
(j) Other non-current assets 93.15 101.08
Total non-current assets 2,582.70 2,715.48

2)|Current assets
(a) Inventories 718.89 781.38
(b) Financial assets
(i) Investments 594.70 749.88
(ii) Trade receivables 350.96 394.24
{iii) Cash and cash equivalents 24.73 60.32
{iv) Bank balances other than 49.50
15.75
(iii) above
(v) Loans receivable 1121 1203.92
(vi) Other financial assets 119.54 126.29
(c) Other current assets 124.29 160.81
Total current assets 3,070.27 3,526.34
Total assets 5,652.97 6241.82
P ARTICULARS STANDALONE CONSOLIDATED
EQUITY & LIAB LITIES AMOUNT(IN CRs) AMOUNT(IN CRs)
1.EQUITY
(a) Equity share captial 24.03 24.03
(b) Other equity 4015.42 4229.22
Total equity 4039.45 4253.25
2.Liabilities
(A)Non-current liabilities
(a)Financial liablities
(i) Borrowings 0.26 61.92
(ii) Other financial liabilities 27.03 27.24
(b) Deferred tax liabilities,
3.87 3.87
(net)
(c)Government grant - -
(d)Provisons - 11.45
Total non-current liabilities 31.16 104.48
2)|Current liabilities
(a) Financial liabilties
(i)Borrowings - 76.10
(ii) Trade payables - -
(a)total outstanding dues of
micro enterprises and small 1.78 1.78
enterprises
(b)total outstanding dues of
creditors other than micro
1030.76 1138.73
enterprises and small
enterprises
(iii) Other financial liabilities 205.17 269.2
(b) Other current liabilities 84.83 95.22
(c) Government grant 0.71 0.71
(d)Provisions 188.52 196.51
(e) Current tax liabilities(net) 70.59 73.16
Total current liabilities 1,582.36 1,851.41
Total equity and liabilities 5,652.97 6241.82
 INFERENCE
 The loans receivable difference between consolidated(1203 Cr) and
standalone(1121 Cr) is only 85 cr. This shows the most loans receivable is
with Britannia industries ltd.
 The total noncurrent liabilities in consolidated is three time higher that of
standalone. The main reason is borrowings.
 The borrowings in standalone is 0.26 Cr and in the consolidated is 61.92
Cr. From this we can understand that the subsidiaries of Britannia industries
Ltd has more liabilities to be paid to the parent company..