93 / 172
91
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
(365.36)
(175.54)
Purchase of intangible assets
–
(0.29)
Capital advances
2.72
(17.24)
Investments in group companies
(9.94)
(12.37)
Investments in others companies
–
–
Proceeds from sale of investments
4.13
–
Proceeds from redemption of preference shares
2.40
–
Repayments | (Disbursements) of loans
–
5.54
Long-term bank deposits
0.02
–
Short-term bank deposits
(0.02)
–
Sale of fixed assets
1.81
0.65
Interest received
2.99
1.05
Dividend received
20.93
2.10
Net cash used in investing activities
B
(340.32)
(196.10)
C. CASH FLOW FROM FINANCING ACTIVITIES
Repayments of long-term borrowings
(60.72)
(49.72)
Add: Exchange rate difference
(1.37)
(1.36)
Repayments of long-term borrowings (adjusted)
(62.09)
(51.08)
Repayments of short-term borrowings
81.45
(22.39)
Total repayments of borrowings
19.36
(73.47)
Payment of unclaimed dividend
(0.18)
(0.12)
Interest paid
(24.27)
(23.93)
Dividend on Equity shares (including dividend distribution tax)
(30.17)
(25.88)
Net cash used in financing activities
C
(35.26)
(123.40)
Net change in cash and cash equivalents
A+B+C
(1.30)
(2.54)
Opening balance - cash and cash equivalents
4.70
7.24
Closing balance - cash and cash equivalents
3.40
4.70
1. The above 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.
2. Cash flow from operating activities includes
`
5.31 cr (March 31, 2015 :
`
3.95 cr) being expenditure towards
Corporate Social Responsibility.
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