Company law Accounts and Audit Accounts -sec 129 - Part 2

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Rashameeta Naik

FormAOC-1 (Pursuanttofirstprovisotosub-section(3) ofsection129readwithrule5ofCompanies(Accounts)Rules,2014) Statement containing salient features of the financial statement of subsidiaries or associate companies orjointventures Part ASubsidiaries (InformationinrespectofeachsubsidiarytobepresentedwithamountsinRs.) Sl.No. Name of thesubsidiary The date since when subsidiary wasacquired Reportingperiodforthesubsidiaryconcerned,ifdifferentfromtheholdingcompany’sreportingperiod. ReportingcurrencyandExchangerateasonthelastdateoftherelevantFinancialyearinthecaseofforeignsubsidiaries. Sharecapital Reserves andsurplus Totalassets TotalLiabilities Investments Turnover Profit beforetaxation Provision fortaxation Profit aftertaxation ProposedDividend Extent of shareholding (inpercentage) Notes:Thefollowinginformationshallbefurnishedattheendofthestatement: Names of subsidiaries which are yet to commenceoperations Namesof subsidiarieswhichhavebeenliquidated or soldduringtheyear. Part B Associates and JointVentures StatementpursuanttoSection129(3)oftheCompaniesAct,2013relatedtoAssociateCompaniesandJointVentures Name of Associates or JointVentures Name1 Name2 Name3 1. Latest audited Balance SheetDate 2.DateonwhichtheAssociateorJointVenturewasassociatedoracquired 3.SharesofAssociateorJointVenturesheldbythecompanyonthe yearend No. AmountofInvestmentinAssociatesorJointVenture Extent of Holding (inpercentage) 4.Descriptionofhowthereissignificantinfluence 5.Reasonwhytheassociate/jointventureisnotconsolidated 6. Networth attributable to shareholding as per latestauditedBalanceSheet 7. Profit or Loss for theyear i. Considered inConsolidation ii. Not Considered inConsolidation Namesofassociatesorjointventureswhichareyettocommenceoperations. Namesof associatesorjointventureswhichhavebeenliquidatedorsoldduringtheyear. Note:ThisFormistobecertifiedinthesamemannerinwhichtheBalanceSheetistobecertified”.