| |
(Rs.
in crore) |
|
|
31
March 2011 |
31
March 2010 |
A |
Cash
flow from operating activities |
| |
Profit before tax |
1,786.19 |
1,588.16 |
|
Adjustments
for: |
|
|
|
Depreciation
and obsolescence |
765.73 |
388.08 |
|
Compensation expenses under employees stock
options scheme |
0.86 |
0.34 |
| |
Provision for Doubtful Debts and Advances / (written back) |
(3.29) |
- |
|
Bad
debts written-off |
0.09 |
0.44 |
| |
Excess
provision written back (net) |
(32.50) |
(12.56) |
|
Provision
for retirement benefits |
31.65 |
12.88 |
| |
Provision
for mines restoration |
1.85 |
1.73 |
| |
Interest
and dividend income |
(122.34) |
(56.21) |
| |
Interest
and finance changes |
277.11 |
117.52 |
| |
Unrealised
foreign exchange (gain) / loss |
(1.20) |
(13.91) |
| |
Unrealised
loss on Investments |
- |
1.07 |
| |
(Profit)
/ loss on sale of fixed assets |
0.04 |
(0.13) |
| |
(Profit)
/ loss on sale of investment |
(18.36) |
(2.02) |
|
Operating profit before working capital
changes |
2,685.83 |
2,025.39 |
|
Adjustments
for : |
|
|
|
(Increase)
/ decrease in inventories |
(119.61) |
(129.73) |
|
(Increase)
/ decrease in sundry debtors |
(96.49) |
(22.33) |
|
(Increase) / decrease in loans and advances |
(20.94) |
32.54 |
| |
Increase / (decrease) in trade payables and
other liabilities |
144.51 |
55.32 |
|
Cash
generated from operations |
2,593.30 |
1,961.19 |
| |
Taxes
paid |
(519.04) |
(389.11) |
| |
Expenditure
for mines restoration |
- |
(0.15) |
|
Net cash generated from operating activities
(A) |
2,074.26 |
1,571.93 |
B |
Cash
flow from investing activities |
|
Purchase
of fixed assets |
(1,222.77) |
(275.17) |
|
Sale
of fixed assets |
5.91 |
1.10 |
| |
Expenditure for Cost on Assets transferred from SCL, pursuant to Scheme of Amalgamation |
(25.00) |
- |
| |
Purchase
of long term investments |
(0.05) |
- |
| |
Investment in Subsidiaries & Joint Ventures |
(190.08) |
(7.56) |
| |
(Increase)
/ decrease in current investments |
(351.67) |
(628.26) |
| |
Profit
on sale of current investments |
18.36 |
2.02 |
|
Interest
and dividend received |
116.39 |
56.21 |
|
Net cash used in investing activities (B) |
(1,648.91) |
(851.66) |
C |
Cash
flow from financing activities |
| |
Proceeds
from issue of share capital |
1.41 |
0.07 |
|
Repayment
of long term borrowings |
(298.33)
|
(300.00)
|
|
Proceeds
from long term borrowings |
122.56 |
32.89 |
| |
Proceeds /(repayment) of short term borrowings (net) |
177.02 |
(255.23) |
|
Interest
and finances charges paid |
(293.01) |
(145.94) |
| |
Dividend
paid |
(120.48) |
(62.24) |
| |
Corporate
dividend tax |
(20.02) |
(10.58) |
|
Net cash generated / (used) in financing
activities (C) |
(430.85) |
(741.03) |
|
Net
increase in cash and cash equivalents (A+B+C) |
(5.50) |
(20.76) |
|
Cash
and cash equivalents at the beginning of
the year |
83.73 |
104.49 |
| |
Cash and cash equivalents transferred from SCL as on 01.07.10, pursuant to Scheme of Amalgamation (Refer Note B 4) |
66.56 |
- |
| |
Cash
and cash equivalents at the end of the year |
144.79 |
83.73 |
