Cash Flow

Cash Flow

(Rs Crore) 2016-17 2015-16
A Cash flow from Operating Activities
a Profit Before Tax 2,124.94 1,229.65
Adjustment for :
Depreciation and Amortisation 446.14 444.89
Finance Costs 57.62 147.40
Interest Income (201.80) (178.99)
Dividend Income -212.61 -197.95
Exchange Loss on Capital Reduction in a Joint Venture (Note 2.2.6) 13.52 -
Loss Allowance (Net) 5.79 2.84
Impairment in value of Non-Current Investments (Note 2.2.4) - 29.19
Employee Stock Option Expenses (Note 3.7) 5.33 5.62
Loss on Sale of Property, Plant and Equipment (Net) 1.87 3.26
Provision for Asset Transfer Cost of erstwhile Aditya Birla Chemicals (India) Ltd. (Note 2.25.1) - 83.95
Unrealised Gain on Investments measured at Fair Value through Profit and Loss (Net) (116.75) (74.20)
Profit on Sale of Investments (Net) (21.57) (26.70)
Profit on Sale of Consumer Products Division (Net) {Slump Sale} - (7.72)
b Operating profit before working capital changes 2,198.37 1,604.82
Adjustments for :
Trade Receivables (202.31) (178.79)
Financial and Other Assets 11.69 185.16
Inventories (127.37) (16.01)
Trade Payables and Other Liabilities 598.18 66.69
c Cash generated from Operations 2,478.56 1,661.87
Direct Taxes Paid (Net of Refund) (221.02) (321.18)
Net cash from Operating Activities 2,257.54 1,340.69
B Cash Flow from Investing Activities
Purchase of Property, Plant and Equipment {Note (iii) below} (432.46) (645.04)
Proceeds from Disposal of Property, Plant and Equipment 10.77 4.55
Asset Transfer Cost on Amalgamation of erstwhile Aditya Birla Chemicals (India) Ltd. (9.61) -
Investment in Joint Ventures and Associates (0.53) (3.94)
Proceeds from Capital Reduction in a Joint Venture (Note 2.2.6) 42.68 -
Proceeds from Sale of Non-current Equity Investments - 11.56
Proceeds from sale of Consumer Products Division (Net) {Slump Sale} - 9.53
Purchase of Mutual Fund Units and Bonds (Non- Current) (456.65) (291.50)
Sale of Mutual Fund Units and Bonds (Non- Current) - 8.66
Purchase of Mutual Fund Units, Bonds and Certificate of Deposits (Current) {Net} (310.73) (60.31)
Loans and Advances to Subsidiaries, Joint Ventures and Associates (Net) (0.43) 6.95
Inter-Corporate Deposits - 30.00
(Investment)/Redemption in Bank Deposits (having original maturity more than 3 months) and Earmarked Balances with Banks (6.47) (2.40)
Interest Received 119.37 51.80
Dividend Received 201.80 178.99
Net Cash used in Investing Activities (842.26) (701.15)
C Cash Flow from Financing Activities
Proceeds from Issue of Share Capital under ESOS 2.64 5.25
Proceeds from Non-Current Borrowings 12.20 -
Repayments of Non-Current Borrowings (223.35) (975.46)
Proceeds/(Repayment) of Current Borrowings (Net) (921.04) 648.00
Interest Paid (Net of Interest Subsidy) (59.68) (157.68)
Dividend Paid (203.73) (177.42)
Corporate Dividend Tax Paid (10.79) (5.75)
Net cash used in Financing activities (1,403.75) (663.06)
D Net Increase/ (Decrease) in Cash and Cash equivalents 11.53 (23.52)
Cash and Cash Equivalents at the Beginning of the Year (Note 2.9) 23.06 42.55
Cash and Cash Equivalents Received on Amalgamation/Acquisition (Note 4.15) - 4.03
Cash and Cash Equivalents at the End of the Year (Note 2.9) 34.59 23.06