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Financial Statements & Accounting

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Financial Statements & Accounting

Net Profit

The profit remaining after every expense, including interest and tax, has been deducted from income.

Net Profit = Profit Before Tax - Tax Expense ₹ crore Financial Statements & Accounting

Non-Controlling Interest

The share of a subsidiary's equity and profit that belongs to shareholders other than the parent company.

Profit Attributable to Owners of the Parent = Consolidated Net Profit - Profit Attributable to Non-Controlling Interests ₹ crore Financial Statements & Accounting

Non-Current Assets

Assets a company expects to hold and use for more than twelve months, such as plant, buildings, intangibles and long-term investments.

Non-Current Assets = Property, Plant and Equipment + Capital Work in Progress + Intangibles + Long-Term Investments + Other Non-Current Assets ₹ crore Financial Statements & Accounting

Non-Current Liabilities

Obligations not due for settlement within twelve months, principally long-term borrowings, lease liabilities and deferred tax.

Non-Current Liabilities = Long-Term Borrowings + Non-Current Lease Liabilities + Deferred Tax Liabilities + Long-Term Provisions ₹ crore Financial Statements & Accounting

Notes to Accounts

The detailed disclosures accompanying the financial statements that explain accounting policies and break down the summary figures.

Test: the note forms an integral part of the financial statements and is covered by the audit opinion qualitative