Balance bought forward in PL Statement

#1
Can anyone tell me what exactly is balance bought forward in PL statement ?

I was under the impression that it is the money that the company has generated from pure business over the years ......some of that money gets transferred to General Reserve for future use .........the rest is shown as Surplus ( which includes this balance bought forward and the SHARE premium )

Precisely what confused me is Facor Alloys Profit and Loss statement in their Annual Report

Corporate tax on Dividend 48.72 49.85
417.04 538.17
Balance 986.07 3,276.53
Balance brought forward from last year (19,680.88) (22,957.41)
Balance carried to Balance Sheet (18,694.81) (19,680.88)
Basic and diluted earning per equity share (in Rs)
(Face value Re. 1/-per share)
0.72 1.95
I hope you guys got the doubt . The P/L statement mentions that the company has a balance bought forward of -180 crores ( so is the company not having any money ? ) and is indebted to someone else ?

Basicallty if you look at Asset allocated : 17 crore machinery etc , 15 crore investment into subsidary , 80 crore current asset ( including 50 crore cash ) this is how the companies asset is divided ---- then why is that balance carrried over in PL statement mentoned a negative value and that also -180 crore ? What am I missing ?
 
#2
My understanding is something like - Liability side is made by mentioning how co got money :

So share holder money + Reserves and then Loans .

And now the P/L actually modifies the RESERVE section of the balance sheet continously rest is remaining constant as long as company doesn't borrow funds ........ So Reserves = Profit made by company + Price of share above par value .
In this context profit made by company is shown as -180 crores ..... since it says balance bought forward is that -180 crore in P/L statement ! Please explain