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 – (Contd.)
71
For the year
ended 31st
March, 2011
(` in lacs)
For the year
ended 31st
March, 2010
(` in lacs)
C. CASH FLOW FROM FINANCING ACTIVITIES
Proceeds from borrowings 238,48.51 236,58.62
Repayment of borrowings (261,85.90) (239,84.60)
Minority Interest 70.00 —
Interest paid (8,28.33) (9,09.30)
Dividend Paid (6,81.60) (5,44.11)
Tax on distributed Profits (1,14.24) (93.52)
Net cash used for Financing Activities (C) (38,91.56) (18,72.91)
D. Exchange Difference (Foreign Currency Translation Reserve) (D) 51.03 (95.44)
Net increase in cash and cash equivalents (A+B+C+D) 3,82.96 (1,83.47)
Cash and cash equivalents at the beginning of the year 14,52.87 16,35.34
Cash and cash equivalents at the end of the year 18,35.83 14,51.87
COMPONENTS OF CASH AND CASH EQUIVALENTS
Cash on hand
With banks:
5.94 19.58
(a) on current account 10,88.49 13,94.06
(b) on deposit account 6,99.54 4.56
(c) unpaid dividend accounts* 40.86 34.67
Sub Total 18,34.83 14,52.87
Less: Fixed Deposit not considered as cash equivalents (1.00) (1.00)
Cash & Cash Equivalents in Cash Flow Statement 18,35.83 14,51.87
*These balances are not available for use by the Company as they represent corresponding unpaid dividend liabilities.
As per our report of even date. A. C. SHROFF DIPESH K. SHROFF
Chairman Managing Director
For S. R. BATLIBOI & CO.
Firm Registration Number: 301003E
Chartered Accountants.
per VIJAY MANIAR
Partner
Membership No.: 36738
Mumbai
25 May 2011
PRAKASH K. SHROFF J. R. NAIK
Executive Director Director
K. SRINIVASAN PRAVIN D. DESAI
Senior Vice President
(Finance & Accounts)
Mumbai
25 May 2011
Vice President
(Finance & Accounts) &
Company Secretary