129 / 168
127
Consolidated Cash Flow Statement
for the year ended March 31, 2015 (continued)
(
`
cr)
Particulars
2014-15
2013-14
B.
CASH FLOW FROM INVESTING ACTIVITIES
Purchase of tangible assets
(183.28)
(115.27)
Purchase of intangible assets
(0.28)
1.13
Capital advances
(17.30)
1.28
Proceed from central and state subsidy
–
2.57
Acquisition of minority interest
0.17
0.26
Sale | (Purchase) of investments in associate companies
15.78
2.68
Sale | (Purchase) of investments in other companies
(0.51)
(0.54)
Exchange difference on consolidation
9.91
(2.16)
Long-term bank deposits
–
0.03
Short-term bank deposits
0.25
2.12
Sale of fixed assets
7.45
0.32
Interest received
0.48
1.09
Dividend received
2.11
23.43
Net cash used in investing activities
B
(165.22)
(83.06)
C. CASH FLOW FROM FINANCING ACTIVITIES
(Repayments) | Disbursements from long-term borrowings
(51.35)
(34.25)
Add: Exchange rate difference
(2.87)
(4.00)
(Repayments) | Disbursements from long-term borrowings (adjusted)
(54.22)
(38.25)
(Repayments) | Disbursements from short-term borrowings
(19.16)
31.31
Total (repayments) | disbursements from borrowings
(73.38)
(6.94)
Acquisition of subsidiary company
0.21
0.57
Payment of unclaimed dividend
(0.12)
(0.14)
Interest paid
(26.03)
(33.30)
Dividend on Equity shares | Preference shares (including dividend
distribution tax)
(25.95)
(20.67)
Net cash used in financing activities
C
(125.27)
(60.48)
Net change in cash and cash equivalents
A+B+C
15.81
8.17
Opening balance - cash and cash equivalents
18.06
9.89
Closing balance - cash and cash equivalents
33.87
18.06
The Consolidated Cash Flow Statement has been prepared under the ‘Indirect Method’ set out in Accounting
Standard-3 ‘Cash Flow Statement’ referred to in The Companies Accounting Standard Rules, 2006.
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 30, 2015
S Venkatesh
Partner
Membership Number: 037942
Mumbai
April 30, 2015
T R Gopi Kannan
Whole-time Director and CFO
L P Patni
Company Secretary
B N Mohanan
Whole-time Director
and President - U&S