Calculation of Funds From Operations
| Particulars | | Amount (Rs.) |
| Add: Non – fund items debited to P&L Account | | 7,00,000 |
| Goodwill written *** | 3,00,000 | |
| Loss on sale of equipment | 90,000 | |
| Transfer to General Reserve | 50,000 | |
| Depreciation on machinery | 2,00,000 | |
| Discount on issue of debentures | 20,000 | |
| Depletion of natural resources | 1,00,000 | |
| Provision for tax | 2,20,000 | |
| Preliminary expenses | 10,000 | |
| Premium on redemption of debentures | 15,000 | |
| Interim dividend | 2,50,000 | |
| Loss on sale of investment | 10,000 | 12,65,000 |
| Less: Non – fund items credited to P&L Account | | |
| Profit on sale of assets | 4,00,000 | |
| Profit on revaluation | 25,000 | |
| Dividend income | 40,000 | 4,65,000 |
| Funds from operations | | 15,00,000 |
ADJUSTED PROFIT AND LOSS ACCOUNT