| Cash
flow statement for the year ended 31 March
2010 |
| |
| (Rs
crore) |
For the year ended
31 March 2010
|
For the year ended
31 March 2009
|
| A.
Cash flow from operating activities |
|
Net
profit before tax |
2,264.56
|
2,690.32
|
| Adjustment
for: |
|
|
|
Interest and finance charges |
278.00
|
336.93
|
| Depreciation |
671.36
|
644.34
|
|
Impairment |
(4.15)
|
0.93 |
| Unrealised
foreign exchange gain / loss (net) |
(34.68)
|
170.05
|
| Employee
stock option |
1.00
|
2.09
|
| Provisions
/ (Provisions written-back) - net |
(29.47)
|
(51.83)
|
| Miscellaneous
expenditure written off |
- |
- |
| Loss
/ (gain) on derivative transactions (net) |
26.60
|
-
|
| Provision
/ (write back) for diminution in carrying
cost of investments (net) |
0.29
|
(8.66)
|
| Investing
activities (net) |
(254.87)
|
(620.39)
|
| Operating
profit before working capital changes |
2,918.64
|
3,163.78
|
Changes
in working capital:
|
|
|
| Change
in inventories |
(1,851.27)
|
1,027.77
|
| Change
in trade and other receivables |
(507.37)
|
379.35
|
| Change
in trade payables |
1,549.68
|
(958.47)
|
| Cash
generated from operation |
2,109.68
|
3,612.43
|
| Payement
of direct taxes |
(392.40)
|
(442.04)
|
| Net
cash generated/(used) - operating activities |
1,717.28
|
3,170.39
|
| |
| B.
Cash flow from investing activities |
| Purchase
of fixed assets |
(2,641.59)
|
(1,000.75)
|
| Sale
of fixed assets |
22.36
|
33.90
|
| Purchase
/ sale of shares of subsidiaries (net) |
(816.06)
|
(10,406.75)
|
| Purchase
/ sale of investments (net) |
(1,501.49)
|
5,506.61
|
| Loans
/ repayment of advances and loans from subsidiaries
(net) |
540.44
|
(597.69)
|
| Interest
received |
95.01
|
104.71
|
| Dividend
received |
226.74
|
586.55
|
| Net
cash generated / (used) - investing activities |
(4,074.59)
|
(5,773.42)
|
| |
| C.
Cash
flow from financing activities |
| Proceeds
from issue of shares and warrants (net of
expenses) |
2,750.20
|
4,425.74
|
Redemption
of preference shares
|
(0.41)
|
-
|
| Proceeds
/ repayment of long term borrowings (net)
|
(793.59)
|
(403.46)
|
| Proceeds
/ repayment of short term borrowings (net) |
607.80
|
210.65
|
| Interest
and finance charges |
(641.46)
|
(668.58)
|
| Dividend
paid (including dividend tax) |
(268.57)
|
(265.52)
|
| Net
cash from financing activities |
1,653.97
|
3,298.83
|
| Net
increase / (decrease) in cash and cash equivalents |
(703.34)
|
695.80
|
| Add:
opening cash and cash equivalents |
835.18
|
139.38
|
| Close
cash and cash equivalents |
131.84
|
835.18
|
