Question: This problem is a continuation of Chapter 2, Numerical Problem 3. Please help Chinku in filling the profit and loss statement and also answering the
This problem is a continuation of Chapter 2, Numerical Problem 3. Please help Chinku in filling the ‘profit and loss statement’ and also answering the queries below:
Questions
(a) Fill the blank figures (marked ‘?’ in the table above).
(b) What is the biggest expense for this organization? Does it connect with the biggest liability for this organization? Does it indicate anything specific about the business model?
(c) Give examples of items in “Other expenses” and “Other income” for SKS Microfinance?
(d) It was known that in FY2015, the earnings per equity share of SKS Microfinance was ₹15.22. Chinku wanted to know the approximate unit of equity shares for SKS Microfinance (in its share capital) during FY 2015?
Data from Chapter 2, Numerical Problem 3
Chinku was looking into the microfinance companies based in India. He came across, India’s biggest firm, SKS Microfinance Limited. The firm was registered as a non-banking finance company (NBFC) and listed in the stock exchanges. He started jotting down a few figures of the company’s balance sheet. However, in his rush – he missed many. Please help Chinku in filling them up and also answering the queries below:

SKS Microfinance Limited Statement of Profit and Loss for the year ended March 31, 2015 Particulars Income Revenue from operations Other income Total revenue (1) Expenses: Employee benefit expenses Finance costs Other expenses Depreciation and amortization expenses Provisions and write-offs Total expenses (II) Profit before tax (III) = (1)-(II) Tax expenses Currrent tax (MAT) Excess provision for tax relating to earlier years (net) Total tax expense (IV) Profit after tax (III) - (IV) Amount in Million ? 791 8,031 2,319 2,790 840 ? 100 ? 1,934 60 ? ? 1,877
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To address Chinkus request well need to analyze the provided financial statements of SKS Microfinance Limited and fill in the missing amounts using the available data a Fill the blank figures From the ... View full answer
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