Find out total comprehensive income for 20X1-20X2 of V Ltd. from the following information: Profit from normal operations 50,00,000 Remeasurement…
CA Final · Financial Reporting · RTP · May 2026
Find out total comprehensive income for 20X1-20X2 of V Ltd. from the following information: Profit from normal operations 50,00,000 Remeasurement gains from defined benefit plans 5,00,000 Gain on translation of foreign operations 10,00,000 Revaluation gains on property, plant and equipment 3,50,000 Fair value changes on financial assets 4,50,000
Suggested Answer and Working Notes:
Total Comprehensive Income of V Ltd. Particulars ₹ Profit from normal operations (A) 50,00,000 Other Comprehensive Income Items not reclassified to P&L Remeasurement gains from defined benefit plans 5,00,000 5,00,000 Items reclassified to P&L Gain on translation of foreign operations 10,00,000 Revaluation gains on Property, Plant and Equipment 3,50,000 Fair value changes on financial assets 4,50,000 18,00,000 Total Other Comprehensive Income (B) 23,00,000 Total Comprehensive Income (A + B) 73,00,000
Topics: Ind AS 1, General
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