 |
Cash
Flow Statement
For The Year Ended September 30, 2004
| |
2004 |
2003 |
| |
Rs.000s |
| CASH
FLOW FROM OPERATING ACTIVITIES |
|
|
| |
|
|
| Profit
before taxation |
250,667 |
381,834 |
| |
|
|
| Adjustments
for: |
|
|
| Depreciation
/amortization |
328,209 |
294,472 |
| Gratuity |
12,117 |
14,321 |
| Financial
Cost |
135,868 |
211,093 |
| Provision
for slow moving/obsolete items |
2,505 |
6,102 |
| Provision
for doubtful debts |
500 |
3,200 |
| Profit
on sale of operating assets |
(7,316)
|
(2,940) |
| Interest
income/exchange differences |
(26,274)
|
(29,568)
|
| |
|
|
| |
878,514
|
1,073,973
|
| |
|
|
| Changes
in working capital: |
|
|
| (Increase)/decrease
in current assets |
|
|
| Stores,spares
and loose tools |
(116,089)
|
|
(1,108,762)
|
|
(1,049,003)
|
|
(30,917)
|
|
(2,083)
|
| (61,256)
|
|
| (2,368,110) |
|
40,410
|
|
|
(44,274) |
|
98,399
|
|
(275,690) |
|
(23,294) |
|
31,818 |
|
62,392 |
|
| (150,649) |
|
118,224
|
|
|
| Stock-in-trade |
| Trade
debts |
| Loans
and advances |
| Deposits
and prepayments |
| Other
receivables |
| |
| |
Increase/
(decrease) in current liabilites
Creditors,accrued and
other liabilities |
| |
(2,327,700)
|
(32,425)
|
| |
|
|
| Cash
(used) in/generated from operations |
(1,631,424)
|
846,089
|
| |
|
|
| Payments
for : |
|
|
| Gratuity |
(7,727)
|
(5,245)
|
| Finance
cost |
(156,581)
|
(217,569) |
| Income
tax |
(55,668)
|
(102,204) |
| Long
term loans and advances |
- |
2,725 |
| |
|
|
| Net
cash (used) in /generated from operating
activities |
(1,851,400)
|
523,796
|
| |
|
|
| |
|
|
| CASH
FLOW FROM INVESTING ACTIVITIES |
|
|
| |
|
|
| Capital
expenditure |
|
(898,387)
|
|
33,571
|
|
- |
|
24,671
|
|
-
|
|
|
|
(661,578)
|
|
14,293
|
| - |
|
(30,653)
|
|
(1,060)
|
|
|
| Proceeds
from sale of operating assets |
| Long
term Investment |
Interest
income/exchange differences |
| Long
term deposits |
| Net
cash used in investing activities |
(840,145)
|
(674,022)
|
| |
|
|
| CASH
FLOW FROM FINANCING ACTIVITIES |
|
|
| |
|
|
| Proceeds
from long term loans
Repayments
of long term loans
Dividend
paid |
500,000
(153,881)
(102,220)
|
|
|
|
| Net
cash generated from/(used) in financing
activities |
243,899
|
(62,211)
|
| |
|
|
| Net
decrease in cash and cash equivalents |
(2,447,646)
|
(212,437)
|
|
|
|
| Cash
and cash equivalents - at the beginning
of the year |
(1,447,715)
|
(1,235,278)
|
| |
|
|
| Cash
and cash equivalents - at the end
of the year |
(3,895,361)
|
(1,447,715)
|
| |
|
|
| |
|
|
| CASH
AND CASH EQUIVALENTS |
|
|
| Cash
and cash equivalents include: |
|
|
| |
|
|
| Short
term investment |
546,785
|
534,585
|
| Cash
and bank balances |
99,027
|
86,319
|
| Short
term borrowings |
(4,541,962)
|
(2,068,619)
|
| |
|
|
| |
(3,896,150)
|
(1,447,715) |
| |
|
|
|
