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<h1>Guidelines for Calculating Net Owned Funds: Key Steps and Deductions for Accurate Financial Reporting.</h1> Applicant companies should calculate their Net Owned Funds (NOF) by first determining their Owned Funds. This involves adding Paid-up Equity Capital, Free Reserves, and the Credit Balance in the Profit & Loss Account, then subtracting the Accumulated Balance of Loss, Deferred Revenue Expenditure, and Other Intangible Assets. To find the NOF, subtract from the Owned Funds the investments in shares of subsidiaries, companies in the same group, other non-banking financial companies, and the book value of debentures, bonds, outstanding loans, and advances to subsidiaries and companies in the same group exceeding 10% of the Owned Funds.
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