Aug 31, 2017 · Non-current assets often experience depreciation, and this is calculated and deducted from this particular type of asset, rather than the assets as a whole. (Experts at The Balance shed a little more light on how depreciation factors into non-current assets , in case you’re interested.) noncurrent asset. An asset that is not expected to be turned into cash within one year during the normal course of business. Noncurrent assets include buildings, land, equipment, and other assets held for relatively long periods. Balance Sheet as at Note March 31, 2015 March 31, 2014 EQUITY AND LIABILITIES SHAREHOLDERS' FUNDS Share capital 2.1 574 286 Reserves and surplus 2.2 47,494 41,806 48,068 42,092 NON-CURRENT LIABILITIES

Jun 02, 2017 · TOTAL 31,66,050 II.ASSETS 1.Non-current assets: (a)Fixed assets (i) Tangible assets 2 22,80,600 (ii) Intangible assets 83,250 (e) Other non-current assets 30,000 2. Current assets: (a) Current investments 2,45,000 (b) Inventories 3 2,63,200 (c) Trade receivables 1,90,000 (d) Cash and cash equivalents 23,000 (e) Other current assets 51,000 TOTAL 31,66,050 Notes to the Financial Statement: 1. Balance sheets often include a catch all classification of non current assets. This classification includes long term prepaid expenses called DEFERRED CHARGES, and any non current asset not falling in one of the other classifications.