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Comparative figures in annual report

James Parekh   18 August 2019

James Parekh

 2 points

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Hi Fellows

I have observed that in the Annual Report of the company I have selected have the prepaid expense of INR 4.18crores in 2018 annual report but in the Annual Report of 2019, there are prepaid expenses of INR 16.17crores in 2018 as a comparative.

This is the case for many figures like the cost of sales, Revenue, EPS, etc

I have read the full Annual Report but I couldn’t find any notes regarding the same

Also if you can highlight the reason behind the inconsistency in figures ??



sabyasachi mukherjee   16 September 2019

sabyasachi mukherjee

 92 likes  2377 points

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What does prepaid expense mean?
It is shown as an Asset .
Under Current Asset head.

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