| |
(Rs Crore) |
FY 12 |
FY 11 |
FY 10 |
FY 09 |
FY 08 |
| A |
Cash flow from Operating Activities |
| a |
Net profit before Tax and Exceptional item |
1541.79 |
1594.70 |
2500.78 |
2247.84 |
2964.22 |
|
Adjustment for : |
|
|
|
|
|
| |
Depreciation / Amortisation |
144.20 |
176.29 |
351.14 |
456.97 |
353.27 |
|
Finance Costs |
35.82 |
45.81 |
120.39 |
142.14 |
107.00 |
| |
Interest Income |
-41.33 |
-32.81 |
-22.72 |
-31.51 |
-81.96 |
|
Dividend Income |
-212.61 |
-197.95 |
-155.22 |
-100.53 |
-83.81 |
| |
Write down value of Assets held for disposal |
|
- |
0.60 |
- |
- |
|
Provision for Mine Restoration |
- |
- |
0.17 |
0.11 |
- |
| |
Provision for Bad and Doubtful debts |
0.55 |
- |
0.03 |
- |
0.48 |
|
Provision for Loans And Advances |
|
- |
3.32 |
- |
- |
| |
Bad Debts Written Off |
|
- |
0.04 |
0.40 |
|
|
Excess Provision Written Back (Net) |
|
- |
-27.83 |
-48.36 |
- |
| |
Employee Compensation Expenses under ESOP |
1.96 |
1.41 |
2.13 |
5.55 |
4.90 |
|
(Profit) / loss on Sale of Fixed Assets (Net) |
-0.83 |
-33.31 |
2.64 |
-0.03 |
-20.99 |
|
MTM Loss/(Reversal) on Sale of Long Term Investment (Net) |
- |
-0.49 |
0.49 |
- |
- |
| |
Unrealised Exchange Rate Difference on Restatement of Loan |
- |
-1.24 |
-3.03 |
|
|
|
(Profit) / Loss on Sale of Investments (Net) |
-156.68 |
-4.39 |
-0.92 |
-23.86 |
-72.40 |
|
Provision for Dimunition in Value of Investment |
|
|
|
- |
- |
| b |
Operating profit before working capital changes |
1312.87 |
1548.02 |
2772.01 |
2648.72 |
3170.71 |
|
Adjustments for : |
|
|
|
|
|
| |
Trade and other Receivables |
-85.79 |
-158.90 |
-111.60 |
116.15 |
-406.83 |
|
Inventories |
-209.26 |
-4.41 |
-132.24 |
-399.80 |
-214.94 |
|
|
|
|
|
|
|
| |
Trade Payables |
140.23 |
44.72 |
31.97 |
81.11 |
451.76 |
|
Assets Held for Disposal |
|
|
- |
- |
10.19 |
| c |
Cash generated from Operations |
1158.05 |
1429.43 |
2560.14 |
2446.18 |
3010.89 |
|
Direct Taxes Paid (Net) |
-366.84 |
-422.49 |
-539.62 |
-336.70 |
-919.86 |
| |
Cash from Operating Activities before Exceptional Item |
|
|
|
1953.15 |
2091.03 |
| |
Net cash from Operating Activities |
791.21 |
1006.94 |
2020.52 |
2109.48 |
2091.03 |
| B |
Cash Flow from Investing Activities |
|
Purchase of Fixed Assets |
-1019.80 |
-183.40 |
-720.59 |
-1666.08 |
-2820.77 |
| |
Sale of Fixed Assets |
5.53 |
226.69 |
15.78 |
24.45 |
18.22 |
|
Sale/(Purchase) of Mutual Funds, Bonds and Certificate of Deposits (Net) |
590.26 |
-562.57 |
-1419.34 |
-307.14 |
|
| |
Purchase of Long Term Investments |
- |
-0.05 |
- |
- |
-276.97 |
|
Sale of investments |
- |
- |
10.00 |
54.09 |
471.23 |
| |
Loans and Advances to Subsidiaries, Joint Ventures and others |
-10.86 |
22.27 |
-13.33 |
205.05 |
-67.16 |
|
Intercorporate Deposits |
70.00 |
-147.76 |
- |
- |
- |
| |
Investment in Subsidiaries |
-0.05 |
- |
-257.30 |
-190.97 |
- |
|
Investment in Joint Ventures and Associates |
-353.02 |
-17.96 |
-49.63 |
-60.43 |
- |
| |
Assets held for Disposal |
- |
- |
0.08 |
3.29 |
- |
|
Interest received |
37.37 |
31.56 |
22.25 |
51.04 |
81.96 |
| |
Dividend received |
212.61 |
197.95 |
155.22 |
100.53 |
83.81 |
|
Net cash from / (used in) Investing Activities before Extra Ordinary Items |
-467.96 |
-433.27 |
-2256.86 |
-1786.17 |
-2509.68 |
|
Extra Ordinary Items |
|
|
|
|
|
|
Proceeds on Sale of Sponge Iron Business |
- |
- |
1024.88 |
- |
- |
|
- Sales proceeds from sale of shares of subsidiary - Shree Digvijay Cement Company Limited |
- |
- |
- |
- |
298.00 |
|
- Proceeds on transfer of Textile Units at Bhiwani |
- |
- |
- |
- |
83.16 |
|
Net cash from / (used in) Investing Activities |
-467.96 |
-433.27 |
-1231.98 |
-1786.17 |
-2128.52 |
| C |
Cash Flow from Financing Activities |
| |
Proceeds from Equity |
1.67 |
2.31 |
1.73 |
|
|
|
Proceeds from Borrowings |
197.59 |
- |
201.86 |
780.27 |
674.21 |
| |
Repayments of Borrowings |
-291.61 |
-223.87 |
-425.78 |
-587.18 |
-438.23 |
|
Interest paid (Net of Interest Subsidy) |
-37.81 |
-45.4 |
-132.24 |
-215.39 |
-169.62 |
| |
Dividends paid |
-183.06 |
-274.03 |
-273.94 |
-273.68 |
-17.75 |
|
Corporate Dividend Tax |
-13.66 |
-33.95 |
-41.38 |
-41.42 |
- |
| |
Net cash from / (used in) Financing Activities |
-326.88 |
-574.94 |
-669.75 |
-337.40 |
48.61 |
| D |
Net Increase/ (Decrease) in Cash and Cash equivalent |
-3.63 |
-1.27 |
118.79 |
-14.09 |
11.12 |
| |
Cash and Cash equivalent at beginning of the year |
14.65 |
15.92 |
113.38 |
127.47 |
116.38 |
|
Less: Cash balance Transferred on Demerger of Textile Units at Bhiwani |
- |
- |
- |
- |
0.03 |
| |
Less: Cash balance Transferred on Demerger of Cement Business |
- |
- |
-118.67 |
- |
- |
|
Less: Cash balance Transferred on Sale of Sponge Iron Business |
- |
- |
-97.58 |
- |
- |
| |
Cash and Cash equivalent at end of the year |
11.02 |
14.65 |
15.92 |
113.38 |
127.47 |
