| |
(Rs.
crore) |
|
|
|
31
March 11 |
31
March 10 |
|
A |
Cash
flow from operating activities |
|
|
Profit before tax |
1,747.62 |
1,597.81 |
|
|
Adjustments
for: |
|
|
|
|
Depreciation
and obsolescence |
812.98 |
389.65 |
| |
Amortisation
of goodwill on consolidation |
0.00 |
1.68 |
|
|
Compensation expenses under ESOS |
0.86 |
0.34 |
|
|
Provision for doubtful debts and advances
/ (written back) |
(3.29) |
0.28 |
|
Bad
debts written-off |
0.09 |
0.44 |
|
|
Excess Provision written back |
(32.50) |
(12.56) |
|
|
Provision
for retirement benefits |
32.65 |
12.96 |
| |
Provision
for mines restoration |
1.85 |
1.73 |
| |
Interest
and dividend income |
(119.06) |
(55.41) |
| |
Interest
and finance charges |
299.46 |
117.75 |
| |
Unrealised
foreign exchange (gain) / loss |
(1.20) |
(13.91) |
| |
Unrealised
loss on investments |
0.00 |
1.07 |
| |
(Profit)
/ loss on sale of fixed assets |
0.04 |
(0.13) |
| |
(Profit)/Loss on Sale of Current Investment |
(18.36) |
(2.02) |
|
|
Operating profit before working capital
changes |
2,721.14 |
2,039.68 |
|
|
Adjustments
for : |
|
|
|
|
(Increase)
/ decrease in inventories |
(101.87) |
(121.43) |
|
|
(Increase)
/ decrease in sundry debtors |
(134.27) |
(14.04) |
|
|
(Increase) / decrease in loans and advances |
(12.39) |
30.79 |
| |
Increase
/ (decrease) in trade payables and other liabilities |
51.47 |
50.33 |
|
|
Cash
generated from operations |
2,524.08 |
1,985.33 |
|
|
Taxes
paid |
(525.80) |
(391.86) |
| |
Expenditure
for mines restoration |
(0.00) |
(0.15) |
|
|
Net cash from operating activities (A) |
1,998.28 |
1,593.32 |
|
B |
Cash
flow from investing activities |
|
|
Purchase
of fixed assets |
(1271.92) |
(275.38) |
|
|
Sale
of fixed assets |
5.69 |
3.09 |
| |
Expenditure for Cost on Assets transferred from SCL, pursuant to Scheme of Amalgamation |
(25.00) |
- |
|
|
(Increase)
/ decrease in current investments |
(362.69) |
(628.26) |
| |
Investement in Subsidiaries |
(717.40) |
- |
| |
Purchase of Long term investments |
(0.05) |
- |
| |
Profit
on sale of current investments |
18.36 |
2.02 |
|
|
Interest
and dividend received |
113.11 |
55.41 |
|
|
Net cash used in investing activities (B)
|
(2,239.90) |
(843.12) |
|
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 |
824.56 |
32.89 |
|
|
Proceeds /(Repayment) of short term borrowings (net) |
177.49 |
(253.92) |
| |
Interest and Finance charges paid |
(315.36) |
(146.17) |
| |
Dividend Paid |
(121.68) |
(62.26) |
| |
Corporate
dividend tax |
(20.02) |
(10.58) |
|
|
Net cash generated / (Used) in financing
activities (C) |
248.07 |
740.37 |
| |
Net
increase in cash and cash equivalents (A +
B + C) |
6.45 |
9.83 |
| |
Cash
and cash equivalents at the beginning of the
year |
111.69 |
104.68 |
| |
Cash and cash equivalents transferred from: |
|
|
| |
1. SCL, pursuant to Scheme of Amlgamation |
66.64 |
- |
| |
2. ETA Star, pursuant to acquisition by UCMEIL |
6.29 |
- |
| |
Effect
of exchange rate on consolidation of foreign
subsidiary |
(0.97) |
(2.82) |
| |
Cash
and cash equivalents at the end of the year |
190.10 |
111.69 |
