Capital Work-in-progress - It includes assets awaiting completion/installation, on site inventories, net pre-operative expenses, including difference in income and expenditure in respect of production during trial run and interest capitalised in respect of assets not yet commissioned.
Investments - Investments are the assets held by an enterprise for earning income by way of dividends, interest and rentals, for capital appreciation, or for other benefits to the investing enterprise. Some represent long-term commitment of funds - called Long-term Investments. Other investments by their very nature are readily realizable and are intended to be held for not more than one year and are called short-term investments.
The investments held by a company as on the date of the balance sheet are classified into:
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Investments in Government or Trust Securities.
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Investments in shares, debentures or bonds.
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Immovable properties.
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Investments in the capital of partnership firms.
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Balance of unutilized monies raised by issue.
While listing the investments in shares, debentures or bonds, the following additional information is also given:
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The shares which are fully paid-up and those which are partly paid-up are shown separately.
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The shares are distinguished into different classes.
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In the case of investments in shares, debentures or bonds of subsidiary companies, information in respect of (i) and (ii) above is shown separately.
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The mode of valuation of investments (whether cost or market value) is disclosed.
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In the case of quoted investments, the aggregate amount of such investments and also their market value is shown.
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The aggregate value of the unquoted investments is also disclosed.
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A separate disclosure is made of unutilized monies indicating the form in which such unutilized funds have been invested.
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