27th Cash Flow Statement
27th Cash Flow Statement
Cash Flow Statement for the Year Ended March 31, 2013
( in crores)
| Current Year | Previous Year | ||
|---|---|---|---|
| A. | CASH FLOW FROM OPERATING ACTIVITIES | ||
| Profit Before Tax | 196.81 | 162.76 | |
| Adjustments for : | |||
| Depreciation | 1.97 | 2.36 | |
| Brokerage Expenses Written Off | 1.38 | 0.78 | |
| Bad Debts Written Off | 1.59 | 1.39 | |
| Retirement Benefits | 0.81 | 0.42 | |
| Loss on Sale of Acquired Property | 0.08 | 0.12 | |
| Provision for Loss to arise on Redemption of Investments | 1.32 | 0.80 | |
| Loss on Sale of Tangible Assets (Net) | 0.07 | 0.18 | |
| 7.22 | 6.05 | ||
| Operating Profit Before Working Capital Changes | 204.03 | 168.81 | |
| Changes in Working Capital : | |||
| Increase / (Decrease) in Trade Payables | (0.43) | (0.58) | |
| Increase / (Decrease) in Long-Term Provisions | (0.42) | (0.02) | |
| Increase / (Decrease) in Short-Term Provisions | 0.62 | 0.29 | |
| Increase / (Decrease) in Other Current Liabilities | 56.55 | (5.77) | |
| Increase / (Decrease) in Other Long Term Liabilities | 14.73 | 3.70 | |
| (Increase) / Decrease in Long-Term Loans and Advances | (0.59) | (0.20) | |
| (Increase) / Decrease in Short-Term Loans and Advances | (1.07) | (0.66) | |
| (Increase) / Decrease in Other Current Assets | 0.95 | (2.04) | |
| Brokerage Paid | (2.07) | (2.84) | |
| (Increase) / Decrease in Other Bank Balances | 45.50 | (24.50) | |
| Stock of Acquired Properties | 0.21 | (6.09) | |
| Investments (Net) | (42.03) | 9.44 | |
| 71.95 | (29.27) | ||
| Cash Generated from Operations | 275.98 | 139.54 | |
| Taxes paid (net of refunds) | (49.19) | (44.35) | |
| Net Cash from Operations | 226.79 | 95.19 | |
| Non-Current portion of Loans | (1,228.82) | (812.72) | |
| Current Portion of Loans | (143.77) | (83.29) | |
| (1,372.59) | (896.01) | ||
| Net Cash Generated from Operations Before Extraordinary Items | (1,145.80) | (800.82) | |
| Extraordinary Items | 0.00 | 0.00 | |
| Net Cash Generated from Operating Activities | (1,145.80) | (800.82) | |
| B. | CASH FLOW FROM INVESTING ACTIVITIES | ||
| Purchase of Tangible/Intangible Assets | (2.21) | (2.11) | |
| Sale of Tangible Assets | 0.03 | 0.12 | |
| Capital Advances | (0.10) | (0.01) | |
| Net Cash from Investing Activities | (2.28) | (2.00) | |
| C. | CASH FLOW FROM FINANCING ACTIVITIES | ||
| Proceeds from Share allotment under Employee Stock Option Scheme | 0.40 | 0.15 | |
| Securities Premium received | 11.90 | 2.24 | |
| Securities Premium utilized | (0.28) | (0.03) | |
| Dividends Paid | (40.61) | (38.57) | |
| Dividend Distribution Tax | (6.63) | (6.29) | |
| Unclaimed Dividend Paid | (0.07) | (0.06) | |
| Availment/(Repayment) of Long-Term Borrowings | 1001.68 | 821.71 | |
| Availment/(Repayment) of Short-Term Borrowings | (163.58) | (67.18) | |
| Changes in Current maturities of Long-Term Borrowings | 244.12 | 112.55 | |
| Changes in Unclaimed Matured Deposits and Interest Accrued thereon | (0.71) | (0.42) | |
| Net Cash used in Financing Activities | 1046.22 | 824.10 | |
| Net increase in Cash and Cash Equivalents | (101.86) | 21.28 | |
| Cash and Cash Equivalents at the Beginning of the Year | 114.98 | 93.70 | |
| Cash and Cash Equivalents at the end of the Year | 13.12 | 114.98 | |
| Cash and Cash Equivalents comprises of : | |||
| Cash on Hand | 0.04 | 0.04 | |
| Cheques on Hand | 0.53 | 3.19 | |
| Balances with Banks – Highly liquid investments* | 12.55 | 111.75 | |
| Total | 13.12 | 114.98 | |
| * Includes the following balances which are not available for use by the Company | |||
| Unpaid Dividend Accounts | 0.78 | 0.63 |
