 |
Cash
Flow Statement
For The Year Ended September 30, 2003
| |
2003 |
2002 |
| |
Rs.000s |
| CASH
FLOW FROM OPERATING ACTIVITIES |
|
|
| |
|
|
| Profit before
taxation |
381,834
|
400,362
|
| |
|
|
| Adjustments
for: |
|
|
| Depreciation
/amortization |
294,472
|
284,506
|
| Gratuity |
14,321
|
10,373
|
| Financial
charges |
211,093
|
358,824
|
| Provision
for slow moving/obsolete stores and spares |
6,102
|
4,760
|
| Provision
for doubtful debts |
3,200
|
4,710
|
| Profit on
sale of operating assets |
(2,940)
|
(2,687)
|
| Interest
income/exchange differences |
(29,568)
|
13,125
|
| |
|
|
| |
878,514
|
1,073,973
|
| |
|
|
| Changes
in working capital: |
|
|
| (Increase)/decrease
in current assets |
|
|
| Stores
and spares |
|
(44,274)
|
|
98,399
|
|
(275,690)
|
|
70,916
(150,649)
|
|
118,224
|
|
|
|
(63,515)
|
|
80,756
|
|
477,688
|
|
(67,207)
427,722
|
|
(38,371)
|
|
|
| Stock-in-trade |
| Trade
debts |
| Loans,
advances, prepayments and other receivables |
| |
Increase/
(decrease) in current liabilites
Creditors,accrued and
other liabilities |
| |
(32,425)
|
389,351
|
| |
|
|
| Cash generated
from operations |
846,089
|
1,463,324
|
| |
|
|
| Receipts
from / payments for : |
|
|
| Gratuity |
(5,245)
|
(1,792)
|
| Financial
charges |
(217,569)
|
(370,222)
|
| Income tax |
(102,204)
|
(86,639)
|
| Long term
loans and advances |
2,725
|
(1,335)
|
| |
|
|
| Net cash
generated from operating activities |
523,796
|
1,003,336
|
| |
|
|
| |
|
|
| CASH
FLOW FROM INVESTING ACTIVITIES |
|
|
| |
|
|
| Capital
expenditure |
|
(661,578)
|
|
14,293
|
| (58,450)
|
30,653
|
|
1,060
|
|
|
| (246,304)
|
| 12,855
|
|
- |
| (11,294)
|
| (1,264)
|
|
|
| Proceeds
from sale of operating assets |
| Long
term Investment |
Interest
income/exchange differences |
| Long
term deposits |
| Net cash
used in investing activities |
(674,022)
|
(246,007)
|
| |
|
|
| CASH
FLOW FROM FINANCING ACTIVITIES |
|
|
| |
|
|
| Proceeds
from long term borrowings
Repayments
of long term borrowings
Dividend paid |
|
500,000
(391,845)
(170,366)
|
|
|
|
Net cash
used in financing activities
|
(62,211)
|
(314,120)
|
| |
|
|
| Net (decrease)/
increase in cash and cash equivalents |
(212,437)
|
443,209
|
|
|
|
| Cash
and cash equivalents - at the beginning of the year |
(1,235,278)
|
(1,678,487) |
| |
|
|
| Cash
and cash equivalents - at the end of the year |
(1,447,715)
|
(1,235,278)
|
| |
|
|
| |
|
|
| CASH
AND CASH EQUIVALENTS |
|
|
| Cash
and cash equivalents include: |
|
|
| |
|
|
| Short term
investment |
534,585
|
545,213
|
| Cash and
bank balances |
86,319
|
92,773
|
| Short term
running finance |
(2,068,619)
|
(1,873,264)
|
| |
|
|
| |
(1,447,715)
|
(1,235,278)
|
| |
|
|
|
