Use the trial balance and additional information given in Case 5.4 in Chapter 5 and prepare the

Question:

Use the trial balance and additional information given in Case 5.4 in Chapter 5 and prepare the balance sheet of HUL Limited as on 31st March 2017.

Case 5.4

Hindustan Unilever Limited (HUL) is India’s largest Fast Moving Consumer Goods company. HUL has over 35 brands spanning 20 distinct categories such as soaps, detergents, shampoos, skin care, toothpastes, deodorants, cosmetics, tea, coffee, packaged foods, ice cream, and water purifiers. The Company has about 18,000 employees. 

From the following Trial Balance of the company and additional information, you are required to prepare the Statement Profit and Loss for the company for the year ended 31st March 2017.

Particulars Advertising and promotion. Assets held for sale Bank balance-other than cash and cash equivalents

Additional Information

1. Closing inventories as on 31st March 2017 consists of:

(in Crore) a. Raw material and packing material 879 b. Work in progress 205 c. Finished goods and

2. Provide depreciation on property, plant and equipment: ₹ 384 crore. 

3. Amortise intangible assets: ₹ 12 crore.

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