133 / 172
131
Consolidated Cash Flow Statement
for the year ended March 31, 2016 (continued)
(
`
cr)
Particulars
2015-16
2014-15
B.
CASH FLOW FROM INVESTING ACTIVITIES
Purchase of tangible assets
(369.88)
(184.78)
Purchase of intangible assets
–
(0.30)
Capital advances
2.84
(17.30)
Acquisition of minority interest
(0.06)
0.17
Sale | (Purchase) of investments in associate companies
1.45
15.79
Sale | (Purchase) of investments in other companies
0.46
(0.51)
Exchange difference on consolidation
7.86
9.91
Long-term bank deposits
(0.02)
–
Short-term bank deposits
(0.44)
0.36
Sale of fixed assets
1.81
7.45
Interest received
2.88
0.48
Dividend received
3.08
2.11
Net cash used in investing activities
B
(350.02)
(166.62)
C. CASH FLOW FROM FINANCING ACTIVITIES
Repayments of long-term borrowings
(64.02)
(53.61)
Add: Exchange rate difference
(1.37)
(1.35)
Repayments of long-term borrowings (adjusted)
(65.39)
(54.96)
Repayments of short-term borrowings
75.52
(16.90)
Total repayments of borrowings
10.13
(71.86)
Acquisition of subsidiary company
0.14
0.21
Payment of unclaimed dividend
(0.17)
(0.12)
Interest paid
(27.70)
(26.11)
Dividend on Equity shares | Preference shares (including dividend
distribution tax)
(30.65)
(25.95)
Net cash used in financing activities
C
(48.25)
(123.83)
Net change in cash and cash equivalents
A+B+C
(14.40)
15.81
Opening balance - cash and cash equivalents
33.87
18.06
Closing balance - cash and cash equivalents
19.47
33.87
1. The above Consolidated Cash Flow Statement has been prepared under the ‘Indirect Method’ as set out in
the Accounting Standard-3 ‘Cash Flow Statements’ notified under Section 211 (3C) {Companies (Accounting
Standards) Rules, 2006, as amended} of the Companies Act, 1956 and other relevant provisions of the
Companies Act, 2013.
As per our attached report of even date
For Dalal & Shah Chartered Accountants LLP
Firm Registration Number: 102020W | W-100040
R A Shah
S S Baijal
B S Mehta
H S Shah
S M Datta
V S Rangan
M M Chitale
S A Panse
B R Arora
Directors
For and on behalf of the Board of Directors
S S Lalbhai
Chairman and Managing Director
S A Lalbhai
Managing Director
Mumbai
April 29, 2016
S Venkatesh
Partner
Membership Number: 037942
Mumbai
April 29, 2016
T R Gopi Kannan
Whole-time Director and CFO
L P Patni
Company Secretary
B N Mohanan
Whole-time Director
and President - U&S