Balance Sheet Examples

Examples of Balance Sheet

The following Balance Sheet example provides an outline of the most common Balance Sheets of US, UK, and Indian GAAP. It is impossible to provide a complete set that addresses every variation in every situation since there are thousands of such Balance Sheets. Each example of the Balance Sheet states the topic, the relevant reasons, and additional comments as needed.

A balance sheetA Balance SheetA balance sheet is one of the financial statements of a company that presents the shareholders' equity, liabilities, and assets of the company at a specific point in time. It is based on the accounting equation that states that the sum of the total liabilities and the owner's capital equals the total assets of the more is a statement that shows the financial position of the organization as on any specified date. The balance sheet has two sides: the Asset side and the Liability side. The asset side shows Non-current AssetsNon-current AssetsNon-current assets are long-term assets bought to use in the business, and their benefits are likely to accrue for many years. These Assets reveal information about the company's investing activities and can be tangible or intangible. Examples include property, plant, equipment, land & building, bonds and stocks, patents, more and Current Assets. The liability side shows the Owner’s Capital and Current as well as Non-Current Liability.

Based on the industrial requirement and nationwide, there are various sets of rules prescribed by the International Accounting Standard Board (IASB), which are formally termed as International Financial Reporting Standard(IFRS). All nation based on their tradition and industrial specification adapts the IFRS and modify the same to draft their Locally generally accepted principles(GAAP).

Balance Sheet Examples

You are free to use this image on your website, templates etc, Please provide us with an attribution linkHow to Provide Attribution?Article Link to be Hyperlinked
For eg:
Source: Balance Sheet Examples (

Balance Sheet Examples based on US GAAP

In the USA, US local GAAPGAAPGenerally accepted accounting principles (GAAP) are the minimum standards and uniform guidelines for the accounting and reporting. These standards prohibit firms from engaging in unethical business activities and enable for a more accurate comparison of financial reports to more is accepted for the preparations of the financial statement. Let’s understand the balance sheet in the USA with an example of 2 companies existing in the real world:

#1 – Example of Walmart, Inc.

balance Sheet Example - Walmart

source: Walmart SEC Filings

balance Sheet Example - Walmart 1

Equity Capital

Long Term Liabilities

Along with the above data, comparable to last year for the same period is also needed to be disclosed;

#2 – Example of Apple, Inc.

balance Sheet Example - Apple

source: Apple SEC Filings

balance Sheet Example - Apple 1

Equity Capital

  • Share Capital- 38044,
  • Reserves- 91,898,
  • Other OCI Loss-(3,064),
  • Non-Controlling Interest- Nil

Long Term Liabilities

Along with the above data, comparable to last year for the same period is also needed to be disclosed;

In the USA, major financials are prepared in accordance with the US GAAP and in the format published by SEC for their annual filing. The main aim behind the standardization of such a process is the comparability and correct disclosure of the facts for investors.

One should take note that a comparison of the last year, must be prepared under the said accounting policiesAccounting PoliciesAccounting policies refer to the framework or procedure followed by the management for bookkeeping and preparation of the financial statements. It involves accounting methods and practices determined at the corporate more, assumptions, methods, and approaches in which financials of current years are prepared.

Balance Sheet Example based on UK GAAP

In the United Kingdom, financials are needed to be compulsorily prepared as per the local UK and Irish GAAP. Also, based on the development at the global level, UK and Irish GAAP are blended to the IFRS, for the global reporting perspectives.

Let’s understand the above by viewing the balance sheets of the existing companies:

#1 – Example of Vodafone Group PLC

balance Sheet Example - Vodafone

source: Vodafone Annual Report

balance Sheet Example - Vodafone 1

Equity Capital

Long Term Liabilities

  • Current Liabilities-28,025,
  • Long term Debts-37,980

Along with the above data, comparable to last year for the same period is also needed to be disclosed;

#2 – Example of BP PLC

balance Sheet Example - BP Plc

source: BP Annual Report

  • Current Assets-74,968,
  • Property Plant & Equipment(PPE) net of Depreciation- 129,471,
  • Investments– 24,985,
  • Deferred Tax Assets- 4,469,
  • Intangibles – 29,906,
  • Other assets- 12,716.
BP Plc 1

Equity Capital

  • Share Capital- 5,343,
  • Share Premium Account- 12,147
  • Capital Redemption Reserve- 1,426,
  • Merger Reserve-27,206
  • Treasury Shares – -16,958,
  • Non-Controlling Interest- 1,913

Long Term Liabilities

  • Current Liabilities-64,726,
  • Non-Current Liabilities-11,385,

Along with the above data, comparable to last year for the same period is also needed to be disclosed.

 In the UK, Financial statements are to be submitted to the Financial Conduct Authority annually in XBRL format. Chartered accountants of ICAEW require to audit and certify it, and then the same can be submitted.

Balance Sheet Examples based on Indian GAAP

In India, financials are to be presented by considering Indian GAAP, along with acceptable IFRS in line with the global reporting framework. Up till 2019, IFRS 15(Revenue from Contracts with Customers) and 9 (Financial Instruments) are fully implemented. In this line, other IFRS will also be implemented with specific carve out as per the Indian scenario.

Schedule 3 of the Companies Act 2013, provides the format of the Balance sheet, in accordance with which all the Indian companies are needed to prepare their financial statements annuallyFinancial Statements AnnuallyAnnual Financial Statements refers to the annual presentation of the entity's financial performance comprising a Balance Sheet, statement of profit and loss, statement of changes in equity, cash flow statement, and notes to the financial statements. It provides information to the stakeholders for making financial decisions about the more and quarterly.

Let’s understand the said format by taking a real example from the existing company:

Example of Reliance


source: Reliance Annual Report

  • Current Assets-183,786,
  • Property Plant & Equipment(PPE) net of Depreciation- 316,031,
  • Capital Work in Progress– 166,220,
  • Deferred Tax Assets- 5,075,
  • Intangibles – 87,854,
  • Other assets- 57,382
Reliance 1

Equity Capital

  • Share Capital- 5,922,
  • Other Reserves- 287,584,
  • Non-Controlling Interest- 3,539

Long Term Liabilities

  • Current Liabilities- 313,852,
  • Non-Current Liabilities- 205,451.

Along with the above data comparable to last year for the same period also needs to be disclosed.

In India, Complete financial statements consist of the Balance sheet, Income statement, Cash flow statementCash Flow StatementStatement of Cash flow is a statement in financial accounting which reports the details about the cash generated and the cash outflow of the company during a particular accounting period under consideration from the different activities i.e., operating activities, investing activities and financing more, Change inequity, and Statement of other comprehensive income. Financial statements are needed to be submitted to the Ministry of Corporate Affairs annually in September.


The balance sheet is the financial position statement which shows the obligations and receivables by the company. It is a base statement which will be considered for all kind of analysis and to determine the solvency of the companySolvency Of The CompanySolvency of a company means its ability to meet the long term financial commitments, continue its operation in the foreseeable future and achieve long term growth. It indicates that the entity will conduct its business with more. All the experts will rely on the balance sheet provided by the company. Hence balance sheet needs to be reliable, correctly valued, with proper assumptions, and overall, must be prepared by the trusted personnel so that marketers can rely on the same.

This has been a Guide to Balance Sheet Examples. Here we provide practical Balance Sheet Examples of companies following US GAAP, UK GAAP, and Indian GAAP. You can learn more about Accounting from the following articles –

Reader Interactions

Leave a Reply

Your email address will not be published. Required fields are marked *