Cash Flow Standalone Statement

(Rs.crore)

Year Ended
31/03/2019
Year Ended
31/03/2018
Cash flow from operating activities
Profit before tax 1,810.44 2,228.82
Adjustment for:    
Finance Costs 1,683.04 1,900.54
Depreciation and Amortization 1,693.16 1,617.31
Employee Share Option Expenses 9.52 1.95
Bad Debts and Provisions for Doubtful Debts and Advances 16.30 24.33
Liabilities no longer required Written-back (39.96) (54.78)
Unrealised Foreign Exchange (Gain)/Loss (17.88) 18.26
Unrealised Loss/(Gain) on Derivative Transactions (126.96) 7.19
Fair Value (Gain) on modification of Borrowings (50.27) (52.92)
(Gain)/Loss on Assets held for Sale - 1.08
(Gain)/Loss on PPE and Intangibles Sold/Discarded 25.54 16.42
Interest Income (411.23) (387.16)
Dividend Income (104.52) (45.53)
Gain on withdrawal of Financial Guarantee (61.96) -
Realised Gain/ (loss) of Cash Flow Hedges in OCI (71.06) 361.74
(Gain)/ loss on Investments measured at FVTPL (281.78) (409.54)
Operating Profi t Before Working Capital Changes 4,072.38 5,227.71
Changes in Working Capital:  
  Inventories (261.59) (1,691.00)
  Trade and Other Receivables (407.20) 112.06
  Financial Assets 51.63 124.20
  Non-Financial Assets (160.73) 417.99
  Trade and Other Payables (95.19) 859.60
  Financial Liabilities 8.74 3.65
  Non-Financial Liabilities (including contract liabilities) 75.23 49.08
Cash Generation from Operation 3,283.27 5,103.29
Payment of Direct Taxes (Net of Refund) (364.91) (688.90)
Net Cash Generated From/(Used in) Operating Activities 2,918.36 4,414.39
CASH FLOW FROM INVESTING ACTIVITIES
Purchase of Property Plant Equipment and Intangible Assets (1,262.96) (1,177.72)
Sale of Property Plant Equipment and Intangible Assets 18.10 33.79
Investment in Subsidiaries (180.94) (2,474.62)
Sale of Shares in Subsidiaries (5.75) -
Return of Capital from Subsidiary   -
Purchase/Sale of Investments - Others (Net) 266.91 5,577.36
Repayment of Loans and Deposits 354.77 269.91
Loans and Deposits given (271.65) (401.51)
Interest Received 422.95 409.91
Dividend Received 104.52 45.53
Net Cash Generated from/(Used in) Investing Activities (554.05) 2,282.65
     
CASH FLOW FROM FINANCING ACTIVITIES    
Proceeds from issue of Equity Shares (including Share Application Money) 4.97 13.73
Treasury shares acquired by Trust (123.60) -
Pre-Payment of Long term Borrowings (1,574.81) (5,685.62)
Repayment of Finance Lease Liability (5.03) (4.45)
Proceeds/(Repayment) of Short term Borrowings (Net) (Refer Note 44) 946.99 (1,349.07)
Dividend Paid (including Dividend Distribution Tax) (307.36) (291.17)
Finance Cost Paid (1,598.36) (1,870.99)
Net Cash Generated from/(Used in) Financing Activities (2,657.20) (9,187.57)
Net Increase/(Decrease) in Cash and Cash Equivalents (292.89) (2,490.53)
Add: Opening Cash and Cash Equivalents before Fair Value Gain/Loss on Liquid Investments 1,805.44 4,295.96
Cash and cash equivalents before fair value gain/(loss) on liquid investments 1,512.55 1,805.43
Add: Fair Value Gain/(Loss) on Liquid Investments 2.13 4.02
Cash and Cash Equivalents as reported in Balance Sheet 1,514.68 1,809.45
Supplemental Information: Year ended
31.03.2019
As At
31/03/2018
Non-Cash Transactions from Investing and Financing Activities    
Acquisition of Property, Plant and Equipment (PPE) by means of Finance Lease - 9.98
Acquisition of Property, Plant and Equipment (PPE) by means of Government Grant - 678.02
Novation and Restructuring of Long-Term Borrowings - 237.50
  Year ended
31.03.2019
As At
31/03/2018
Cash and Cash Equivalents Comprise of:  
Cash on Hand 0.33 0.37
Cheques and Drafts on Hand 7.49 16.36
Balances with Bank    
  Current Accounts 344.40 218.95
  Deposit with Banks with Less than 3 Months Initial Maturity 0.05 8.13
Short-Term Liquid Investments in Mutual Funds 1,162.40 1,565.64
  1,514.68 1,809.45
Basis of Preparation and Signifi cant Accounting Policies    
The accompanying Notes are an integral part of the Standalone Financial Statements.