Cash Flow Standalone Statement

(Rs.crore)

Year Ended
31/03/2017
Year Ended
31/03/2016
Cash flow from operating activities
Profit before tax 2,153.24 650.82
Adjustment for:    
Finance Costs 2,322.87 2,390.14
Depreciation and Amortization 1,427.97 1,282.02
Employee stock option scheme 5.54 9.45
Provision for expected credit loss 1.31 0.63
Provisions/ Provisions written-back (Net) 28.26 (9.40)
Unrealised foreign exchange (gain)/loss (Net) (40.77) (1.81)
Unrealised loss/(gain) on derivative transactions (Net) 209.64 (93.10)
(Gain)/ Loss on Assets held for sale (2.04) (2.25)
Profi t/(loss) on PPE and Intangibles sold/discarded (Net) 23.19 0.84
Interest Income (348.74) (459.59)
Dividend Income (81.30) (167.97)
Other Non-operating Income/ Expenses (Net) (1.42) -
Investing activities (Net) (692.77) (305.18)
Operating profit before working capital changes 5,004.98 3,294.60
Changes in working capital:  
  Inventories (889.29) 453.51
  Trade and other Receivables (97.50) 230.68
  Trade and other payables 1,491.85 48.23
  Hedging reserve (Realised) 279.70 0.56
Cash generated from operation 5,789.74 4,027.58
Payment of direct taxes (Net of refund) 107.86 (386.92)
Net cash generated from/(used in) Operating Activities 5,897.60 3,640.66
CASH FLOW FROM INVESTING ACTIVITIES
Purchase of fi xed assets (1,040.95) (1,399.31)
Sale of fi xed assets 41.63 174.44
Sale/(purchase) of shares in subsidiaries (Net) (57.77) (100.50)
Return of Capital from Subsidiary (Net) 3.21 -
Investment in equity accounted investee - 0.13
Purchase/ sale of investments - Others (Net) (569.04) (911.98)
Proceeds/(repayment) of loans and deposits (Net) (85.47) 577.32
Interest received 383.02 445.01
Dividend received 84.84 164.42
Net cash generated from/(used in) Investing Activities (1,240.53) (1,050.47)
CASH FLOW FROM FINANCING ACTIVITIES    
Proceeds from issue of equity shares (Net of expenses) 3,313.48 0.06
Proceeds from non-current borrowings 252.75 3,542.58
Pre-payment of non-current borrowings (1,290.57) (2,542.58)
Repayment of non-current borrowings (169.76) (234.11)
Proceeds/(repayments) of fi nance lease liability (2.79) (2.44
Proceeds/(repayment) of current borrowings (Net) (129.32) (1,096.50)
Dividend Paid (including Dividend Distribution Tax) (238.78) (223.49)
Finance cost paid (2,318.55) (2,374.49)
Net cash generated from/(used in) Financing Activities (583.54) (2,930.97)
Net increase/(decrease) in cash and cash equivalents 4,073.53 (340.78)
Add: Opening cash and cash equivalents before fair value gain/loss on liquid investments 222.43 563.20
Cash and cash equivalents before fair value gain/(loss) on liquid investments 4,295.96 222.42
Add: Fair value gain/(loss) on liquid investments 11.46 0.21
Cash and cash equivalents as reported in Balance Sheet 4,307.42 222.63
Basis of Preparation and Signifi cant Accounting Policies    
The accompanying notes are integral part of the fi nancial statements    
Notes:
  • The Cash Flow Statement has been prepared under the indirect method as set out in Accounting Standard (AS)-3 – “Cash Flow Statement”.
  • Previous year figures have been regrouped/rearranged, wherever necessary.