Page 196 - DJML Annual Report 24-25
P. 196
DJ MEDIAPRINT & LOGISTICS LIMITED
March 31, 2025
initial recognition value (net of principal
repayments, if a of the financia liab The Company recognises revenue to depict
over the releva period of the financia
the transfer of promised goods or services
liability to arrive at the amortized cost at to customer a amo tha refle the
each reporting date. The corresponding consideration to which the entity expects to
effect of the amortization under effective be entitled in exchange for those goods or
interest method is recognized as expense services.
over the releva period of the financia
liab the Stateme of Profi and Loss. A 5-step approach is used to recognise revenue
as below:
Step 1: Identify the contract(s) with a customer
A financial liability is derecognized when the
Step 2: Identify the performance obligation in
obligation under the liability is discharged
contract
or cancelled or expires. When an existing
financia liabil replaced b another Step 3: Determine the transaction price
from the same lender on substantially Step 4: Allocate the transaction price to the
different terms, or the terms of an existing performance obligations in the contract
liability are substantially modified, such
an exchange or modification is treated as Step 5: Recognise revenue when (or as) the
e satisfie a performance obligation
the Derecognition of the original liability
and the recognition of a new liability. The
difference between the carrying amount Revenue from services rendered is recognised
of the financia liab derecognized and in proportion to the stage of completion of
the consideration paid is recognized in the the transaction at the reporting date when the
Statement of Profit and Loss. outcome of the transaction can be estimated
reliably.
Financial assets and financial liabilities Revenue is measured at fair value of the
are offset and the net amount presented consideration received or receivable, after
in the Balance Sheet when, and only deduction of any trade discounts, volume
when, the Company currently has a legally rebates and any taxes or duties collected on
enforceable right to set off the amounts behalf of the government which are levied on
and it intends either to settle them on a net services such as Goods and service tax.
basis or to realise the assets and settle the Interest income
liabilities simultaneously.
Interest income on financial asset is recognised
using the effective interest rate (EIR) method.
Cash and cash equivalent in the balance sheet
comprise cash at banks and on hand and
Basic earnings per share is computed using
short-term deposits with an original maturity of the net profi for the year attributable to the
three months or less, which are subject to an shareholders’ and weighted average number of
insignifica r of change value. equity shares outstanding during the year.
193 Annual Report 2024-25
