| Consolidated cash flow statement for the year ended 31 March 2012 |
| |
| (Rs. crore) |
For the Year ended 31 March 2012 |
Year ended 31 March 2011 |
| |
|
|
| A. Cash flow from operating activities |
| Profit before tax |
4,344.94 |
3,843.19 |
| Adjustment for: |
|
|
| |
Finance costs |
1,757.98 |
1,839.35 |
| |
Depreciation and Amortization |
2,650.57 |
2,724.02 |
| |
Impairment loss/ (Reversal) (Net) |
219.01 |
25.46 |
| |
Employee stock option scheme |
1.29 |
1.34 |
| |
Provisions / Provisions written-back (net) |
(154.43) |
(16.20) |
| |
Unrealised Foreign Exchange (Gain)/ Loss (Net) |
121.87 |
127.90 |
| |
Loss/ (Gain) on derivative transactions (net) |
262.05 |
370.72 |
| |
Impact of foreign exchange translation (net) |
922.27 |
(177.18) |
| |
Write-off and amortisation of fair value adjustments |
30.34 |
(79.60) |
| |
Pre-operative/Incidental Expenditure written off |
- |
0.12 |
| |
Investing activities (net) |
(524.62) |
(421.58) |
| Operating profit before working capital changes |
9,631.27 |
8,247.53 |
| Changes in working capital: |
|
|
| |
Inventories |
855.89 |
(2,735.43) |
| |
Trade and other receivables |
(1,022.01) |
(1,665.28) |
| |
Trade and other payables |
(766.09) |
3,692.28 |
| |
Cash generation from operation |
8,699.06 |
7,539.10 |
| |
Payment of Direct Taxes |
(1,090.11) |
(1,313.08) |
| Net cash generated/(used) - operating activities |
7,608.95 |
6,226.02 |
| |
| B. Cash flow from investing activities |
| Purchase of fixed assets |
(12,511.88) |
(7,908.61) |
| Sale of fixed assets |
111.16 |
148.79 |
| Return of Capital from Subsidiary |
- |
- |
| Purchase/ Sale of shares in Subsidiaries |
(1,852.19) |
- |
| Purchase / sale of investments |
508.18 |
505.71 |
| Proceeds/ Repayment of Loans and Deposits (Net) |
(17.66) |
(265.23) |
| Interest received |
198.73 |
147.00 |
| Dividend received |
343.41 |
302.93 |
| Net cash generated / (used) - investing activities |
(13,220.25) |
(7,069.41) |
| |
| C. Cash flow from financing activities |
| Proceeds from issue of shares (net of expenses) |
3.46 |
9.89 |
| Proceeds against Share warrants |
541.31 |
- |
| Capital Subsidy received |
5.25 |
1.75 |
| Proceeds from long term borrowings |
9,475.75 |
18,569.60 |
| Repayment of long term borrowings |
(139.55) |
(11,104.64) |
| Proceeds/ Repayment of short-term borrowings (net) |
(385.06) |
(3,726.52) |
| Finance cost paid |
(2,853.11) |
(2,540.97) |
| Dividend paid (including dividend distribution tax) |
(411.00) |
(383.79) |
| Net cash generated/ (used) - financing activities |
6,237.05 |
825.32 |
| Net increase / (decrease) in cash and cash equivalents |
625.75 |
(18.07) |
| Add: opening cash and cash equivalents |
2,165.68 |
2,164.04 |
| Add : cash and cash equivalents on acquisation |
- |
- |
| Add: Foreign exchange variation on cash and cash equivalents |
(61.94)
|
19.71
|
| Closing cash and cash equivalents |
2,729.49 |
2,165.68 |
Notes:
- The Cash Flow Statement has been prepared under the indirect method as set out in Accounting Standard
(AS) 3 “Cash Flow Statement” as specified in the Companies (Accounting Standard) Rules 2006.
- Figures have been regrouped/ rearranged wherever necessary.
|
