| |
(Rs crore) |
FY 11 |
FY 10 |
FY 09 |
FY 08 |
FY 07 |
| A |
Consolidated Cash flow from Operating Activities |
|
|
|
|
|
| a |
Net profit before Tax and Exceptional item |
3852.80 |
4993.01 |
3606.58 |
4529.64 |
3451.44 |
|
Adjustment for : |
| |
Depreciation / Amortisation |
1138.37 |
994.71 |
865.78 |
670.31 |
609.97 |
|
Employee Compensation Expenses under ESOS |
2.23 |
2.64 |
7.19 |
5.91 |
- |
| |
Interest Expenses |
405.57 |
334.55 |
306.71 |
222.09 |
228.58 |
|
Interest Income |
-50.10 |
-20.27 |
-40.91 |
-49.69 |
-35.58 |
| |
Dividend Income |
-245.64 |
-183.94 |
-102.02 |
-115.06 |
-70.93 |
|
Provision for Bad and Doubtful debts (Net) |
-3.29 |
3.63 |
1.41 |
2.64 |
2.82 |
| |
Bad Debts Written Off |
0.09 |
3.01 |
0.80 |
|
|
|
Non Cash Items |
-32.31 |
-30.17 |
-32.88 |
-6.14 |
6.80 |
|
Exchange Fluctuation on proportionate consolidation |
- |
- |
- |
-0.67 |
-3.15 |
| |
(Profit) / Loss on sale of Fixed Assets (Net) |
-39.03 |
3.26 |
-0.30 |
-20.77 |
-5.16 |
|
(Profit) / Loss on sale of Long Term Investment (Net) |
- |
-0.35 |
-0.77 |
- |
-1.88 |
| |
(Profit) / Loss on sale of Current Investments (Net) |
-23.33 |
-2.62 |
-39.29 |
-76.52 |
-50.28 |
|
|
5005.36 |
6097.46 |
4572.30 |
5161.74 |
4132.63 |
| |
Less: Change on account of JV (Idea) considered as Associate w.e.f. 1st Jan.'09 |
- |
- |
-119.99 |
- |
- |
| b |
Operating profit before working capital changes |
5005.36 |
6097.46 |
4452.31 |
5161.74 |
4132.63 |
| |
Adjustments for : |
|
|
|
|
|
|
Trade and other receivables |
-354.97 |
-18.24 |
147.63 |
-562.40 |
-520.91 |
| |
Inventories |
-383.60 |
-251.94 |
-460.32 |
-416.11 |
-196.03 |
|
Trade Payables |
313.59 |
120.51 |
24.21 |
910.92 |
605.31 |
| |
Assets held for Disposal |
- |
- |
- |
10.19 |
-1.57 |
| c |
Cash generated from Operations |
4580.38 |
5947.79 |
4163.83 |
5104.34 |
4019.44 |
| |
Direct Taxes Paid (Net) |
-1020.86 |
-1119.03 |
-550.90 |
-1407.16 |
-1055.65 |
|
Net cash from Operating Activities |
3559.52 |
4828.76 |
3612.93 |
3697.18 |
2963.79 |
| B |
Cash Flow from Investing Activities |
| |
Purchase of Fixed assets |
-1672.65 |
-1478.00 |
-2665.61 |
-5140.87 |
-2751.15 |
|
Sale of Fixed assets |
240.06 |
22.51 |
24.39 |
22.81 |
66.02 |
| |
Government grants |
- |
0.34 |
- |
|
|
|
Purchase of Long term investments |
-0.10 |
-0.26 |
-230.70 |
-250.81 |
-1325.38 |
| |
Investment in subsidiaries |
-717.40 |
|
|
|
|
|
Increase/(Decrease) in current investments |
-1278.41 |
-3300.63 |
-989.52 |
- |
0.26 |
| |
Expenditure for cost of assets transeferred from Samruddhi Cement Limited to UltraTech Cement Limited, pursuant to Scheme of Arrangement |
-25.00 |
- |
- |
- |
- |
|
Sale of investments |
89.76 |
10.00 |
54.09 |
744.85 |
95.40 |
| |
Loans & Advances to other companies |
-134.07 |
2.91 |
-1.40 |
-67.16 |
278.92 |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
Interest received |
42.94 |
20.40 |
51.13 |
79.43 |
38.27 |
| |
Dividend received |
245.64 |
183.94 |
102.02 |
83.81 |
108.64 |
|
Adjustment on account of change in holding of a JV during the year |
- |
- |
3.02 |
-1.64 |
-12.91 |
| |
Extra Ordinary Items |
|
Sales proceeds from sale of Sponge Iron Unit |
- |
1024.88 |
|
|
|
| |
Sales proceeds from sale of shares of subsidiary- Shree Digvijay Cement Company Limited |
- |
- |
- |
298.00 |
- |
|
Net cash from / (used in) Investing Activities |
-3209.23 |
-3513.91 |
-3652.58 |
-4231.58 |
-3501.93 |
| C |
Cash Flow from Financing Activities |
| |
Proceeds from isue of Share Capital / Advance against Share Capital |
3.72 |
1.80 |
22.17 |
63.39 |
342.22 |
|
Proceeds from Borrowings |
1069.80 |
717.17 |
1588.14 |
1633.07 |
2033.86 |
| |
Repayments of Borrowings |
-589.91 |
-1181.82 |
-921.70 |
-912.96 |
-916.33 |
|
Interest paid |
-415.29 |
-386.64 |
-331.60 |
-293.50 |
-228.60 |
| |
Dividends paid |
-325.04 |
-302.50 |
-303.29 |
-18.52 |
-490.10 |
|
Corporate Dividend Tax |
-53.97 |
-51.96 |
-52.00 |
- |
-71.11 |
| |
Net cash from / (used in) Financing Activities |
-310.69 |
-1203.95 |
1.72 |
471.48 |
669.94 |
| D |
Net Increase/ (Decrease) in Cash and Cash equivalent |
39.60 |
110.90 |
-37.93 |
-62.92 |
131.80 |
| |
Cash and Cash equivalent at beginning of the year |
237.00 |
227.02 |
290.32 |
369.21 |
237.38 |
|
Add: Cash & Cash Equivalents acquired on amalgamation / takenover in acquisition |
- |
- |
- |
- |
0.03 |
| |
Less: Cash & Cash Equivalents transfered on sale of subsidiary |
- |
- |
- |
15.97 |
- |
|
Less: Opening Cash & Cash Equivalents of JV (Idea) now considered as Associate |
- |
- |
32.28 |
- |
- |
| |
Less: Cash & Cash Equivalents transfered on Acquisition of Subsidiary |
6.29 |
- |
- |
- |
- |
|
Less: Cash & Cash Equivalents transfered on Sale of Vikam Ispat |
- |
-97.58 |
- |
- |
- |
| |
Less: Effect of Exchange Rate on consolidation of Foreign Joint Ventures |
1.46 |
-3.34 |
6.91 |
- |
- |
|
Cash and Cash equivalent at end of the year |
284.35 |
237.00 |
227.02 |
290.32 |
369.21 |
