|
|
(Rs.
in crore) |
FY
10 |
FY
09 |
FY
08 |
FY
07 |
FY
06 |
|
A |
Consolidated
cash flow from operating activities
|
|
a |
Net profit before tax and
exceptional item |
4993.01 |
3606.58 |
4529.64 |
3451.44 |
1555.19 |
|
|
Adjustment for: |
|
|
|
|
|
|
|
Depreciation / amortisation |
994.71 |
865.78 |
670.31 |
609.97 |
563.10 |
| |
Employee
Compensation Expenses under ESOS |
2.64 |
7.19 |
5.91 |
- |
- |
|
|
Interest expenses |
334..55 |
306.71 |
222.09 |
228.58 |
218.29 |
|
|
Interest income |
-20.27 |
-40.91 |
-
49.69 |
- 35.58 |
- 29.46 |
|
|
Dividend income |
-183.94 |
-102.02 |
-115.06 |
- 70.93 |
- 35.88 |
| |
Provision
for bad and doubtful debts (net) |
3.63 |
1.41 |
2.64 |
2.82 |
4.39 |
| |
Bad debts written off |
3.01 |
0.80 |
|
|
|
|
|
Non cash items |
-30.17 |
-32.88 |
-
6.14 |
6.80 |
- 23.37 |
|
|
Exchange fluctuation on proportionate
consolidation |
- |
- |
-0.67 |
-3.15 |
-0.28 |
|
|
(Profit) / loss on sale of
fixed assets (net)
|
3.26 |
-0.30 |
-
20.77 |
- 5.16 |
3.52 |
|
|
(Profit) / loss on sale of
long term investment (net)
|
-0.35 |
-0.77 |
- |
-1.88 |
-62.57 |
|
|
(Profit) / loss on sale of
current investments (net)
|
-2.62 |
-39.29 |
-
76.52 |
- 50.28 |
- 7.43 |
| |
|
6097.46 |
4572.30 |
5161.74 |
4132.63 |
2185.50 |
| |
Less:
change on account of JV (Idea) considered
as associate w.e.f. 1 January 2009 |
- |
-119.99 |
- |
- |
- |
|
b |
Operating profit before
working capital changes |
6097.46 |
4452.31 |
5161.74 |
4132.63 |
2185.50 |
|
|
Adjustments for: |
|
|
|
|
|
|
|
Trade and other receivables |
-18.24 |
147.63 |
-
562.40 |
- 520.91 |
115.48 |
|
|
Inventories |
-251.94 |
-460.32 |
-
416.11 |
- 196.03 |
- 110.66 |
|
|
Assets held for disposal |
- |
- |
10.19 |
-1.57 |
0.97 |
|
|
Trade payables |
120.51 |
24.21 |
910.92 |
605.31 |
236.75 |
|
c |
Cash generated from operations
|
5947.79 |
4163.83 |
5104.34 |
4019.44 |
2428.04 |
|
|
Direct taxes paid (net) |
-1119.03 |
-550.90 |
-1407.16 |
-1055.65 |
-438.08 |
|
|
Net cash from operating
activities |
4828.76 |
3612.93 |
3697.18
|
2963.79 |
1989.96 |
|
B |
Cash flow from investing
activities |
|
|
Purchase of fixed assets
|
-1478.00 |
-2665.61
|
-
5140.87 |
-2751.15 |
- 676.55 |
|
|
Sale of fixed assets |
22.51 |
24.39
|
22.81 |
66.02 |
11.21 |
|
|
Government grants |
0.34 |
- |
|
|
|
|
|
Purchase of investments |
-0.26 |
-230.70 |
-250.81 |
-1325.38 |
- 650.03
|
|
|
Sale of investments |
10.00 |
54.09 |
744.85 |
95.40 |
72.27 |
|
|
Loans and advances to other
companies
|
2.91 |
-1.40 |
-
67.16 |
278.92 |
-119.31 |
|
|
Increase / (Decrease) in current investments |
-3300.63 |
-989.52 |
- |
0.26 |
-
|
|
|
Interest received |
37.63 |
51.13 |
79.43 |
38.27 |
28.98 |
|
|
Dividend received |
183.94 |
102.02 |
83.81 |
108.64 |
35.88 |
|
|
Adjustment on account of change
in holding of a JV during the year |
- |
3.02 |
-
1.64 |
-12.91 |
- |
| |
Extra
ordinary items |
|
|
|
|
|
| |
Sales proceeds from sale of Sponge Iron Unit |
1024.88 |
- |
|
|
|
| |
Sales
proceeds from sale of shares of subsidiary-
Shree Digvijay Cement Company Limited |
- |
- |
298.00 |
- |
- |
|
|
Net cash from / (used in)
investing activities
|
-3496.68 |
-
3652.58
|
-4231.58
|
-3501.93
|
-1297.55
|
|
C |
Cash flow from financing
activities |
|
|
Proceeds from issue of share
capital / advance against share capital |
1.80 |
22.17 |
63.39 |
342.22 |
- |
|
|
Proceeds from borrowings |
717.17 |
1588.14 |
1633.07 |
2033.86 |
525.28 |
|
|
Repayments of borrowings |
-1181.82 |
-921.70 |
-912.96 |
-916.33 |
- 736.44 |
|
|
Interest paid |
-403.87 |
-331.60 |
-
293.50 |
- 228.60 |
- 234.75 |
|
|
Dividends paid |
-302.50 |
-303.29 |
-18.52 |
- 490.10 |
- 150.68 |
|
|
Corporate dividend tax |
-51.96 |
-52.00 |
- |
- 71.11 |
- 21.91 |
|
|
Net cash from / (used in)
financing activities |
-1221.18 |
1.72 |
471.48 |
669.94 |
- 618.50 |
|
D |
Net increase/ (decrease)
in cash and cash equivalent |
110.90 |
-37.93 |
-
62.92 |
131.80 |
73.91 |
|
|
Cash and cash equivalent at
beginning of the year |
227.02 |
290.32 |
369.21 |
237.38 |
163.47 |
| |
Add:
cash and cash equivalents acquired on amalgamation
/ taken over in acquisition |
- |
- |
- |
0.03 |
- |
| |
Less:
cash and cash equivalents transfered on sale
of subsidiary |
- |
- |
15.97 |
- |
- |
| |
Less:
opening cash and cash equivalents of JV (Idea)
now considered as associate |
- |
32.28 |
- |
- |
- |
| |
Adjusted Opening Balance |
227.02 |
258.04 |
353.24 |
237.41
|
163.47
|
| |
Less: Cash & Cash Equivalents transfered on Sale of Vikam Ispat |
-97.58 |
|
|
|
|
| |
Less: Effect of Exchange Rate on consolidation of Foreign Joint Ventures |
-3.34 |
6.91 |
|
|
|
|
|
Cash and cash equivalent
at end of the year |
237.00 |
227.02 |
290.32
|
369.21 |
237.38 |
