| Cash flow statement for the year ended 31 March 2012 |
| (Rs.crore) |
| |
For the year ended 31 March 2012 |
For the year ended 31 March 2011 |
| A. Cash flow from operating activities |
| Net profit before tax | 2,736.95 |
2,594.74 |
| Adjustment for: | |
|
| |
Interest and finance charges |
293.63 |
219.96 |
| |
Depreciation |
689.97 |
687.48 |
| |
Impairment |
- |
- |
| |
Unrealised foreign exchange gain / loss (net) |
52.38 |
(35.93) |
| |
Employee stock option |
1.29 |
1.34 |
| |
Provisions / (Provisions written-back) - net |
(39.92) |
(31.89) |
| |
Loss / (gain) on derivative transactions (net) |
(3.94) |
61.45 |
| |
Provision / (write back) for diminution in carrying cost of investments (net) |
0.88 |
5.15 |
| |
Investing activities (net) |
(562.89) |
(317.17) |
| Operating profit before working capital changes | 3,168.95 |
3,185.13 |
| Changes in working capital: | |
|
| |
Change in inventories |
(91.46) |
(1,730.78) |
| |
Change in trade and other receivables |
(1,018.06) |
(61.95) |
| |
Change in trade payables |
532.12 |
1,601.39 |
| Cash generated from operation | 2,591.55 |
2,993.79 |
| Payement of direct taxes (Net of Refunds) |
(469.48) |
(736.42) |
| Net cash generated/(used) - operating activities | 2,122.07 |
2,257.37 |
| |
| B. Cash flow from investing activities |
| Purchase of fixed assets |
(7,168.16) |
(5,749.36) |
| Sale of fixed assets |
11.20 |
6.91 |
| Purchase / sale of shares of subsidiaries (net) |
(520.94) |
(255.23) |
| Return of Capital from Subsidiary (Net) | 66.86 |
2,921.34 |
| Sale of investments (net) |
623.67 |
553.07 |
| Loans / repayment of advances and loans from subsidiaries (net) |
70.04 |
0.34 |
| Interest received |
94.09 |
67.71 |
| Dividend received |
456.28 |
291.18 |
| Net cash generated / (used) - investing activities | (6,366.96) |
(2,164.04) |
| |
| C. Cash flow from financing activities |
| Proceeds from issue of shares (net of expenses) |
1.46 |
9.09 |
| Redemption of preference shares warrants |
541.31 |
- |
| Proceeds of long term borrowings |
5,969.11 |
- |
| Repayment of long term borrowings |
(1.53) |
3.16 |
| Proceeds /(Repayment) of short term borrowings (net) |
(433.58) |
904.55 |
| Finance costs paid |
(1,019.18) |
(609.47) |
| Dividend paid (including dividend tax) |
(324.03) |
(301.23) |
| Net Cash Generated/ (used) - Financing Activities |
4,733.56 |
(0.22) |
| Net increase / (decrease) in cash and cash equivalents |
488.67
|
93.12 |
| Add: opening cash and cash equivalents |
224.96 |
131.84 |
| Close cash and cash equivalents | 713.63 |
224.96 |
Notes: - The Cash Flow Statement has been prepared under the indirect method as set out in Accounting Standard
(AS) 3:”Cash flow Statement” as specified in the Companies (Accounting Standard) Rule 2006. - Figures for the previous period have been regrouped / rearrranged wherever found necessary
|
