EXCEL CROP CARE LIMITED C O N T E N T S - BSE

EXCEL CROP CARE LIMITED
CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH, 2011
70
(` in lacs)
For the year
ended 31st
March, 2011
(` in lacs) (` in lacs)
For the year
ended 31st
March, 2010
(` in lacs)
A. CASH FLOW FROM OPERATING ACTIVITIES
Net Profit before Tax and Prior Period Adjustments 60,58.57 57,81.70
Adjustments for:
Depreciation 10,97.51 8,83.90
Amortisation of Intangible Assets 1,91.45 1,02.43
Bad Debts/Sundry Debit Balances Written Off 1,20.19 1,34.35
Provision for Doubtful Debts 1,20.31 1,67.95
Sundry Credit Balances Written Back (2,94.34) (2,01.51)
Loss/(Profit) on sale of Fixed Assets (25.44) 5.27
Loss/(Profit) on sale of Investments (0.70) —
Fixed Assets written off 47.89 21.11
Provision for Inventory/Inventory written off 10,20.00 97.84
Provision for Gratuity 4,42.48 4,09.93
Provision for Employee Leave Benefits 2,26.72 1,93.28
Interest received (57.04) (34.43)
Dividend Received on other investments (3.03) (0.05)
Interest paid 8,16.94 9,00.52
Amortisation of expenses 5.55 1.36
Exchange Difference on loans taken 44.46 87.10
Minority Interest (21.24) 2.67
Short/(Excess) Provision for other items (Net) (2,08.70) (8.73)
Income in respect of Government Grant (7.32) 35,15.69 (7.32) 27,55.67
Operating Profit before working capital changes 95,74.26 85,37.37
Adjustments for:
Decrease/(Increase) in Sundry Debtors 10,20.34 (32,30.92)
Decrease/(Increase) in Inventories (6,71.26) (13,88.85)
Decrease/(Increase) in Other Current Assets (6,79.21) 2,13.39
Decrease/(Increase) in Loans and Advances 15,20.14 (6,20.97)
Increase/(Decrease) in Current Liabilities & Provisions (17,26.54) 23,98.26
(5,36.53) (26,29.09)
Cash generated from Operations 90,37.73 59,08.28
Direct taxes paid 19,93.19 22,34.34
Cash flow before Prior Period Adjustments 70,44.54 36,73.94
Prior Period Adjustments (24.92) (43.30)
Net cash from Operating Activities (A) 70,19.62 36,30.64
B. CASH FLOW FROM INVESTING ACTIVITIES
Purchase of fixed assets (23,42.41) (17,23.68)
Purchase of Intangible Assets (3,65.18) (1,60.36)
Miscellaneous Expenditure incurred — (5.90)
Sale of fixed assets 65.00 30.17
Purchase of Investments (3,15.41) (0.40)
Fixed Deposit (with maturity more than three months) — (1.00)
Sale of Investments 1,07.81 —
Sundry Loans given (4.16) (15.70)
Interest received 55.19 31.06
Dividend received 3.03 0.05
Net Cash used in Investing Activities (B) (27,96.13) (18,45.76)