Form AOC-1: For Subsidiaries Associates and Joint Ventures

By | May 13, 2016

Information to be furnished in Form AOC-1

Form AOC-1 is in 2 parts. “Part A : Subsidiaries” requires that the following (Information in respect of each subsidiary is to be presented with amounts in Rs. …..)

1. Sl. No.
2. Name of the subsidiary
3. Reporting period for the subsidiary concerned, if different from the holding company’s reporting period
4. Reporting currency and Exchange rate as on the last date of the relevant financial year in the case of foreign subsidiaries.
5. Share capital
6. Reserves & surplus
7. Total assets
8. Total Liabilities
9. Investments
10. Turnover
11. Profit before taxation
12. Provision for taxation
13. Profit after taxation
14. Proposed Dividend
15. % of shareholding

The following information is required to be furnished at the end of the statement:

1. Names of subsidiaries which are yet to commence operations.
2. Names of subsidiaries which have been liquidated or sold during the year.

Part “B” : Associates and ‘Joint Ventures’ requires information regarding associates and JVs to be presented in the following Tabular Form :

Name of Associates/Joint Ventures Name 1 Name 2 Name 3
1. Latest audited Balance Sheet Date
2. Shares of Associate/Joint Ventures held by the company on the year end
Amount of Investment in Associates/Joint Venture
Extend of Holding %
3. Description of how there is significant influence
4. Reason why the associate/joint venture is not consolidated
6. Net worth attributable to Shareholding as per latest audited Balance Sheet
7. Profit/Loss for the year
i. Considered in Consolidation
ii. Not Considered in Consolidation

The following information are also required :

1. Names of associates or joint ventures which are yet to commence operations
2. Names of associates or joint ventures which have been liquidated or sold during the year.

Note : This Form is to be certified in the same manner in which the Balance Sheet is to be certified.

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