Tuesday, April 12, 2016

Format of Balance Sheet of a Banking Company with related schedules

Format of Balance Sheet of a Banking Company
Preparation of Balance Sheet
The Balance sheet of a banking company is to be prepared in Form A given in third schedule to the Act. Unlike the previous form the present one is devoid of details, the latter being shown in the schedules. RBI has given guidelines for compiling the balance sheet. Below are given From A, the schedules there under and the instructions of RBI and in that order.
C. THE THIRD SCHEDULE
(See Section 29)
From ‘A’
FROM OF BALANCE SHEET
Balance Sheet of …………….. (Here enter name of the Banking Company)
Balance Sheet as on 31st March (Year)

Schedule
As on 31.3.20..
(current year)
As on 31.3.20..
(previous year)
Capital & Liabilities
Capital
Reserves & Surplus
Deposits
Borrowings
Other liabilities and provisions

1
2
3
4
5


Total:



Assets
Cash and balance with Reserve Bank of India
Balances with banks and money at call and short notice
Investments
Advances
Fixed Assets
Other Assets


6

7
8
9
10
11


Total:



Contingent Liabilities
Bills for collection

12


Schedule 1 – Capital

Particulars
As on 31.3…
(current year)
As on 31.3...
(previous year)
I
For Nationalized Banks
Capital (Fully owned by Central Government)


II
For Banks Incorporated Outside India
Capital
(i) (The amount brought in by banks by way of startup capital as prescribed by RBI should be shown under this head)
(ii) Amount of deposit kept with the RBI under Section 11(2) of the Banking Regulation Act, 1949.



Total


III
For Other Banks
Authorized Capital
(Shares of Rs. Each)
Issued Capital (shares of Rs. Each)
Subscribed capital
(Shared of Rs. Each)
Called-up Capital (Shares of Rs. Each)
Less: Called unpaid
Add: Forfeited shares.


Schedules 2 – Reserve & Surplus

Particulars
As on 31.3…
(current year)
As on 31.3...
(previous year)
I
Statutory Reserve
Opening Balance
Additions during the year
Deductions during the year


II
Capital Reserves
Opening Balance
Additions during the year
Deductions during the year


III
Share Premium
Opening Balance
Additions during the year
Deductions during the year


IV
Revenue and other Reserves
Opening Balance
Additions during the year
Deductions during the year


V
Balance in Profit and Loss Account



Total:
(I,, II,, III,, IV and V)


Schedule 3 – Deposits

Particulars
As on 31.3…
(current year)
As on 31.3...
(previous year)
A.I
Demand Deposits
(i) From banks
(ii) From others


II
Saving Bank Deposits


III
Term Deposits
(i) From banks
(ii) From others



Total:
(I, II and III)
B. (i) Deposits of branches in India
     (ii) Deposits of branches outside India



Total:



Schedule 4 – Borrowings

Particulars
As on 31.3…
(current year)
As on 31.3...
(previous year)
I
Borrowings in India
(i) Reserve Bank of India
(ii) Other banks
(iii) Other institutions and agencies


II
Borrowings outside India
Total
(I and II)






Secured borrowings in I & II above – Rs.
Schedule 5 – Other Liabilities and Provisions

Particulars
As on 31.3…
(current year)
As on 31.3...
(previous year)
I
Bills Payable


II
Inter-office adjustment (net)


III
Interest accrued


IV
Other (including provisions



Total


Schedule 6 – Cash and Balances with Reserve Bank of India

Particulars
As on 31.3…
(current year)
As on 31.3...
(previous year)
I
Cash in hand (including foreign currency notes)


II
Balances with Reserve Bank of India
(i) In Current Account
(ii) In other Accounts




Total: (I & II)



Schedule 7 – Balances with Banks & Money at Call & Short Notice

Particulars
As on 31.3…
(current year)
As on 31.3...
(previous year)
I
In India
(i) Balances with Banks
    (a) in Current Accounts
    (b) in other Deposit Accounts
(ii) Money at call and short notice
    (a) With banks
    (b) With other institutions



Total (I & II)


II.
Outside India
(i) in Current Accounts
(ii) in other Deposit Accounts
(iii) Money at call and short notice




Total:




GRAND TOTAL:
(I & II)


Schedule 8 - Investments

Particulars
As on 31.3…
(current year)
As on 31.3...
(previous year)
I.
Investments in India In
(i) Government securities
(ii) Other approved securities
(iii) Shares
(iv) Debentures and Bonds
(v) Subsidiaries and/or joint ventures
(vi) Other (to be specified)



Total:


II.
Investments outside India in
(i) Government securities (including local authorities)
(ii) Subsidiaries and/or joint ventures abroad
(iii) Other investments (to be specified)



Total:




GRAND TOTAL:(I & II)


Schedule 9 – Advances

Particulars
As on 31.3…
(current year)
As on 31.3...
(previous year)
A.
(i) Bills purchase and discounted
(ii) Cash credits overdrafts and Loans repayable on demand
(iii) Term Loans



Total:


B.
(i) Secured by tangible assets
(ii) Covered by Bank/Government Guarantees
(iii) Unsecured



Total:






C.
I. Advances in India
(i) Priority Sectors
(ii) Public Sector
(iii) Banks
(iv) Others



Total:



II. Advances Outside India
(i) Due from banks
(ii) Due from others
    (a) Bills purchased and discounted
    (b) Syndicated Loans
    (c)Others



Total:



Grand Total (C.I and II)


Schedule 10 - Fixed Assets

Particulars
As on 31.3…
(current year)
As on 31.3...
(previous year)
I
Premises
At cost as on 31st March of the preceding year
Additions during the year
Deductions during the year
Depreciation to date


II.
Other Fixed Assets
(including Furniture and Fixtures)
At cost as on 31st March of the preceding year
Additions during the year
Deductions during the year
Depreciation to date



Total: (I & II)




TOTAL


Schedule 11 – Other Assets

Particulars
As on 31.3…
(current year)
As on 31.3...
(previous year)
I
Inter-office adjustment (net)


II.
Interest accrued


III.
Tax paid in advance/tax deducted at source



IV.
Stationery and Stamps


V.
Non-banking assets acquired in satisfaction of claims


Vi.
Others



Total


Schedule 12 - Contingent Liabilities

Particulars
As on 31.3…
(current year)
As on 31.3...
(previous year)
I
Claims against the bank not acknowledged as debts


II.
Liability for partly paid investments


III.
Liability on account of outstanding forward exchange contracts



IV.
Guarantees given on behalf of constituents
(a) In India
(b) Outside India


V.
Acceptances endorsements and other obligations


Vi.
Other items for which the bank is contingently liable



Total




Labels

Absorption Costing (1) Accountancy (4) accounting for partnership firms (3) Accounting for Share Capital (3) accounts of non trading concern (3) advanced financial accounting (13) AHSEC (90) ahsec 11 (46) ahsec 12 (60) ahsec notes (89) AHSEC Question Papers (27) Assam Slet (10) bcfm (11) bills of exchange (6) branch accounting (3) Budgetary Control (3) Budgetary Control Notes (2) business communication (29) Business Environment Notes (7) business regulatory framewrok (47) Business Statistics Notes (23) cash flow statement (5) cbse 12 (19) cbse notes (27) commerce (13) company law (23) corporate accounting (33) corporate laws (14) cost accounting (62) cost and management accounting (34) cpt (36) cpt 200 (7) cpt notes (30) dibrugarh university (897) dibrugarh university notes (502) dibrugarh university question paper (288) dibrugarh university solved papers (197) dibrugarh university syllabus (47) direct tax law (49) eco - 01 (4) ECO - 02 (2) ECO - 03 (2) ECO - 05 (6) ECO - 06 (1) ECO - 07 (1) eco - 08 (4) eco - 09 (1) ECO - 10 (2) ECO - 11 (3) ECO - 12 (7) ECO - 13 (2) ECO - 14 (4) entrepreneurship (14) fianancial accounting (3) financial accounting (48) Financial Accounting Notes (11) financial management (18) Financial statements analysis (10) funds flow statement (3) guwahati university (305) guwahati university syllabus (54) Hire Purchase (5) Human Resource Management (14) icwai (38) icwai notes (39) ignou solved assignments (57) ignou solved question papers (63) income from house property (5) income from salary (4) Income Under the head Salaries (11) information technology (10) Installment Purchase (4) issue of shares (4) kkhsou (13) M.com (63) Management Accounting Notes (25) MCQ (11) paper I (1) paper II (9) paper III (1) principle of business mangement (16) Principles of Marketing Notes (16) royalty accounts (3) sale of goods act (8) semester I (157) Semester II (135) semester III (64) semester IV (122) semester V (101) semester VI (66) slet (13) Slet Ne (10) Small Business Management (5) solved assignments (22) UGC - NET: Commerce (08) (14) UGC - NET: Commerce (08) Paper II (3) UGC - NET: Commerce (08) Paper III (14) ugcnet solved question papers (23) Variance Analysis Notes (1)