5 Notable Points of Balance Sheet of Tata Motors

Tata Motor is the part of Tata Group and a public company whose total assets are $ 23.131 billions. It is also Indian Multinational Corporation in automotive industry. It means, it is doing business at international level with the help of its subsidiaries. So, it makes consolidated balance sheet. Total assets and liabilities of this company and its subsidiary company are added in consolidated balance sheet.

Today, we studied its consolidated balance sheet and we found following 5 notable points which should be known by all.


1. Revaluation Reserves

On 31st march 2011, Tata motors consolidated balance sheet was showing 144.63 Cr. as revolution reserves. Revaluation reserves is made when we revalue our some assets. If our assets are more than its book value, we will gain the revaluation reserve fund. It is also different from regular depreciation. Consolidated balance sheet of Tata Motors was showing it as source of fund. It means, if Tata Motors sells same asset, at that time, this fund may be liquidated.

2. Capital Work in Process

We have already explained capital work in process in Balance Sheet of Company Example. Like NTPC, Tata Motors is also doing work in big project in which it has invested its capital but still that projects are not completed. So, capital work in progress is investment of uncompleted projects. So, Tata Motors was showing it Rs. 11,728.86 Cr. as the part of application of funds in its balance sheet.

3. Market Value of Quoted Investments

Actually, it is not showing in the balance sheet, it is showing in the footnote. It means marketing value of investment which are showing in balance sheet on its historical cost. We see that every day share market and mutual fund market rates will be different. So, our investment in it will also be different. So, to show market value of quoted investments in the note form will guide to investors before taking any decision.

4. Foreign Currency Monetary items translation difference Account

Foreign currency monetary items translation difference account represent the amount if any company convert foreign transaction from foreign currency into presentation currency. You know the exchange rates are changing from time to time. It was the time when one dollar's value is Rs. 39. Now, it is Rs. 48. Now, we study it with following example.



5. Deferred Tax Liabilities

Tata Motors showed Rs.  2,096 Cr. as deferred tax liabilities. It means there is difference between actual tax which is calculated by Tata Motors and by Income tax authorities. So, more tax will have to be paid. For study more detail of this concept, you can read at here

COMMENTS

Comments on this Website
.
Share above Content to Your Friends



Name

access account accountant Accounting accounting definitions accounting ebook Accounting education accounting procedure accounting process outsourcing Accounting Software advance advertising africa Amalgamation amendments announcements Annuity assets audit auditing Australia B.Com. balance sheet bank Bank reconciliation banking basic accounting BBA benefits best bill black money blog bloggers book keeping bookkeeping Branch Accounting - full tutorial budget Budget variance business businessman CA calculator canada capital capital budgeting career cash cash book cash flow statement Chiense children china class coaching coins college commerce commerce students company computer computer accounting conference Contact vinod kumar corporate accounting cost cost accounting cost center cost centre CPA credit credit card cs currency data Debit and credit debit cards debt debtor degree depletion depreciation documents dollar domain Downloads Dubai e-accounting earning education Education Loans email employee EPF ERP euromoney examination excel excise duty expenses facebook factor of loan fans feature fifo FII fiji finacle finance Financial financial accounting fire insurance flickr flow forensic forex formula france fraud free fun function fund GAAP GDP gdr germany gold goodwill goodwill accounting google google apps google apps google base google buzz google calendar Google docs google finance google fusion tables google talk govt. GST guide health Hindi Hindi Language history holding company How to treat FBT in Tally 9 HRA ICAI ICAWI ICICI Bank IFRS income income statement Income Tax India indian railway Indonesia inflation inflation accounting infographics information inspiration insurance insurance accounting interest international Internet Introduction of Tally 9 inventory investment invoice IT Japan Job costing journal entries Kalculate keyboard kindle kuwait laptop law LBT learning lease lecture ledger leducation Leverage Analysis liabilities lifo linkedin loan logical point loss loss of profit M.Com. m.phil malaysia management accounting manual accounting manufacturing account market marketing mastercard material MBA MCA media migration mobile money ms word ms. excel multi currency in tally 9 Multicurrency Accounting mutual fund national security new and sacrifice ratio new york times new zealand news NGO nonprofit-accounting North Georgia Mountains NPV NSE odbc office oman online application online accounting otcei pakistan parents pay pal pdf pie chart pie chart of income pnb podcast ppf presentation price privacy policy prize money prof. vinod kumar profit profit and loss account project management provision purchase puzzles quickbooks Quote quotes quotes of svtuition rating agency ratio analysis RBI readers real estate rectification of errors remote control reports reserves responsibility accounting retirement revenue Revenue reserves review risk rupees salary sale saudi arabia saving sbi scholarship school SEBI security service tax share share trading Shares shri lanka singapore sms social accounting society solution South Africa stock stock exchange structure student students study subsidiary company svtuition swiss bank tally tally 9 Tally 7.2 Tally 9 Tally.ERP 9 tanzania tax Tax Accounting TDS teacher teaching technology test testimonial testimonials thailand tips trading trading on equity transaction trend trial balance tuition twitter UAE UGC - NET Commerce UK United Arab Emirates university usa valuation VAT Video Voucher and vouching wikipedia working capital youtube
false
ltr
item
Accounting Education: 5 Notable Points of Balance Sheet of Tata Motors
5 Notable Points of Balance Sheet of Tata Motors
http://3.bp.blogspot.com/-qxCcxt60jpI/Ty9l4CaBq-I/AAAAAAAAHSs/Jj_wqO3rCPg/s1600/tata.PNG
http://3.bp.blogspot.com/-qxCcxt60jpI/Ty9l4CaBq-I/AAAAAAAAHSs/Jj_wqO3rCPg/s72-c/tata.PNG
Accounting Education
http://www.svtuition.org/2012/02/balance-sheet-of-tata-motors.html
http://www.svtuition.org/
http://www.svtuition.org/
http://www.svtuition.org/2012/02/balance-sheet-of-tata-motors.html
true
2410664366776677676
UTF-8
Not found any lecture VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES Lectures View All RECOMMENDED FOR YOU Category ARCHIVE SEARCH ALL Lectures Not found any lecture match with your request, please help to write it and send it to our email at vinod@svtuition.org for making this website free accounting and finance encyclopedia. Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock