| |
(Rs Crore) |
FY 11 |
FY 10 |
FY 09 |
FY 08 |
FY 07 |
| A |
Cash flow from Operating Activities |
| a |
Net profit before Tax and Exceptional item |
1595.20 |
2500.78 |
2247.84 |
2964.22 |
2189.26 |
|
Adjustment for : |
| |
Write down value of Assets held for disposal |
- |
0.60 |
- |
- |
- |
|
Depreciation / Amortisation |
176.29 |
351.14 |
456.97 |
353.27 |
317.91 |
| |
Interest Expenses |
45.59 |
120.39 |
142.14 |
107.00 |
111.84 |
|
Interest Income |
-32.81 |
-22.72 |
-31.51 |
-81.96 |
-31.84 |
| |
Dividend Income |
-197.95 |
-155.22 |
-100.53 |
-83.81 |
-81.43 |
|
Provision for Mine Restoration |
- |
0.17 |
0.11 |
- |
- |
| |
Provision for Bad and Doubtful debts |
- |
0.03 |
- |
0.48 |
- |
|
Provision for Loans And Advances |
- |
3.32 |
- |
- |
- |
| |
Bad Debts Written Off |
- |
0.04 |
0.40 |
|
|
|
Excess Provision Written Back (Net) |
-31.89 |
-27.83 |
- 48.36 |
- |
- |
| |
Employee Compenstion Expenses under ESOP |
1.41 |
2.13 |
5.55 |
4.90 |
- |
|
(Profit) / loss on Sale of Fixed Assets (Net) |
-33.31 |
2.64 |
-0.03 |
-20.99 |
-4.62 |
| |
(Profit) / Loss on Sale of Long Term Investment (Net) |
- |
-0.35 |
-0.77 |
- |
-2.70 |
|
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 Current Investments (Net) |
-4.39 |
-0.57 |
-23.09 |
-72.40 |
-49.41 |
| b |
Operating profit before working capital changes |
1,516.41 |
2772.01 |
2648.72 |
3170.71 |
2449.01 |
|
Adjustments for : |
|
|
|
|
|
| |
Trade and other Receivables |
-158.90 |
-111.60 |
116.15 |
-406.83 |
-314.56 |
|
Inventories |
-4.41 |
-132.24 |
-399.80 |
-214.94 |
-73.41 |
| |
Assets Held for Disposal |
|
- |
- |
10.19 |
-1.57 |
|
Trade Payables |
76.61 |
31.97 |
81.11 |
451.76 |
306.17 |
| c |
Cash generated from Operations |
1429.71 |
2560.14 |
2446.18 |
3010.89 |
2365.64 |
|
Direct Taxes Paid (Net) |
-422.99 |
-539.62 |
-336.70 |
-919.86 |
-632.97 |
| |
Net cash from Operating Activities |
1006.72 |
2020.52 |
2109.48 |
2091.03 |
1732.67 |
| B |
Cash Flow from Investing Activities |
| |
Purchase of Fixed Assets |
-183.40 |
-720.59 |
-1666.08 |
-2820.77 |
-1660.72 |
|
Sale of Fixed Assets |
226.69 |
15.78 |
24.45 |
18.22 |
62.52 |
| |
Increase/(Decrease) in Current Investments |
-594.86 |
-1419.34 |
-307.14 |
|
|
|
Long Term Investments |
-0.05 |
- |
- |
-276.97 |
-836.28 |
| |
Sale of investments |
32.29 |
10.00 |
54.09 |
471.23 |
95.40 |
|
Loans and Advances to Joint Ventures,Subsidiaries and others |
-125.49 |
-13.33 |
205.05 |
-67.16 |
93.82 |
| |
Investment in Subsidiaries |
- |
-257.30 |
-190.97 |
- |
- |
|
Investment in Joint Ventures |
-17.96 |
-49.63 |
-60.43 |
- |
- |
| |
Assets held for Disposal |
- |
0.08 |
3.29 |
- |
- |
|
Interest received |
31.56 |
22.25 |
51.04 |
81.96 |
32.60 |
| |
Dividend received |
197.95 |
155.22 |
100.53 |
83.81 |
81.43 |
|
Net cash from / (used in) Investing Activities before Extra Ordinary Items |
-433.27 |
-2256.86 |
-1786.17 |
-2509.68 |
-2131.23 |
| |
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 |
-433.27 |
-1231.98 |
-1786.17 |
-2128.52 |
-2131.23 |
| C |
Cash Flow from Financing Activities |
| |
Proceeds from Equity |
2.31 |
1.73 |
|
|
|
|
Proceeds from Borrowings |
- |
201.86 |
780.27 |
674.21 |
1293.61 |
| |
Repayments of Borrowings |
-223.87 |
-425.78 |
-587.18 |
-438.23 |
-346.06 |
|
Interest paid (Net of Interest Subsidy) |
-45.18 |
-132.24 |
-215.39 |
-169.62 |
-109.39 |
| |
Dividends paid |
-274.03 |
-273.94 |
-273.68 |
-17.75 |
-417.73 |
|
Corporate Dividend Tax |
-33.95 |
-41.38 |
-41.42 |
- |
-61.07 |
| |
Net cash from / (used in) Financing Activities |
-574.72 |
-669.75 |
-337.40 |
48.61 |
359.36 |
| D |
Net Increase/ (Decrease) in Cash and Cash equivalent |
-1.27 |
118.79 |
-14.09 |
11.12 |
-39.20 |
| |
Cash and Cash equivalent at beginning of the year |
15.92 |
113.38 |
127.47 |
116.38 |
155.58 |
|
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 |
14.65 |
15.92 |
113.38 |
127.47 |
116.38 |
