CASH FLOW STATEMENT FOR THE YEAR ENDING ON 31ST MARCH 2017
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PARTICULARS |
For the year ended 31.03.2017
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For the year ended 31.03.2016
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Rupees in lakhs
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Rupees in lakhs
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I | CASH FLOW FROM OPERATING ACTIVITIES: | ||||
Net Profit/(Loss) before tax as per Profit & Loss Account |
17,746
|
11,069
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Adjusted for: | |||||
Loss on Sale/Discard of Assets (Net) |
–
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–
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Depreciation and Amortisation Expense |
3,421
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2,432
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Interest Income |
(3,915)
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(3,975)
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Corporate Social Responsibility Reserve |
–
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(182)
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Finance Costs |
179
|
106
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Hedge Reserve Account |
–
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1,397
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Recognigation of fair value on Deferred Debt |
–
|
1
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Unwinding of grant income |
(1,929)
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(2,244)
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(1,809)
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(2,030)
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Operating Profit/(Loss) before Working Capital Changes |
15,502
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9,039
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Adjusted for: | |||||
Other Current Assets |
(603)
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(1,975)
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Trade Receivables |
12,837
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(16,249)
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Inventories |
15,109
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(28,365)
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Trade and Other Payables |
16,232
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14,108
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Other Liabilities |
10
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10,011
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Long-term Loans and Advances |
(16,815)
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(2,060)
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Provisions |
583
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27,353
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(506)
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(25,036)
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Cash Generated from Operations |
42,855
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(15,997)
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Net Prior Year Adjustments |
–
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–
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Taxes Paid |
(4,969)
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(4,969)
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(4,030)
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(4,030)
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Net Cash (used in)/from Operating Activities |
37,886
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(20,027)
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II | CASH FLOW FROM INVESTING ACTIVITIES: | ||||
Purchase of Fixed Assets |
(29,353)
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(9,077)
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Sale/Adjustment of Fixed Assets |
396
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437
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Capital Work in Progress |
15,918
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(2,204)
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Amount received against ICD |
875
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–
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Interest Income |
3,915
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(8,249)
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3,975
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(6,869)
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Net Cash (used in)/from Investing Activities |
(8,249)
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(6,869)
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III | CASH FLOW FROM FINANCING ACTIVITIES: | ||||
Short Term Borrowings |
–
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–
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Refund of Margin Money |
500
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–
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Dividends Paid (including Dividend Distribution Tax) |
(2,241)
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(1,891)
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–
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Interest Paid |
(179)
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(1,920)
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(106)
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(1,997)
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Net Cash (used in)/from Financing Activities |
(1,920)
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(1,997)
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IV | Net Increase/(Decrease) in Cash and Cash Equivalents |
27,717
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(28,893)
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V | Opening Balance of Cash and Cash Equivalents |
22,648
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51,541
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VI | Closing Balance of Cash and Cash Equivalents |
50,365
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22,648
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–
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–
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As per Our Report of Even Date Attached | |||||
For Deshpande Pandit & Co. | RAdm. Shekhar Mital, NM (Retd.) | ||||
Chartered Accountants | Chairman & Managing Director | ||||
( FRN 000717S ) | |||||
S.V. Adhia | T N Sudhakar | ||||
R.G.Pandit | Company Secretary | Director (Finance) | |||
Partner | |||||
M.No. 021842 | |||||
Place : Belgaum | Place : Vasco da Gama, Goa | ||||
Date: | Date: 21.07.2017 |