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EVEREST KANTO CYLINDER LIMITED
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 ST MARCH, 2011
Year Ended Year Ended
31.03.2011 31.03.2010
(Rs. in Lac) (Rs. in Lac)
C) CASH FLOW FROM FINANCING ACTIVITIES
Inflow:
(a) Proceeds from Issue of Equity Shares - Private Placement 8,100.00 –
(b) Working Capital / Short Term Loan availed during the year (net) – 770.85
(c) Fixed Loans availed during the year (net) 284.34 –
(d) Loans repaid by Subsidiaries (net) 1,755.75 3,954.09
10,140.09) 4,724.94)
Outflow:
(a) Share Issue Expenses 414.09 –
(b) Fixed Loans repaid during the year (net) – 1,539.92
(c) Working Capital / Short Term Loans repaid during the year (net) 4,502.74 –
(d) Interest paid on loans borrowed 330.83 328.78
(e) Dividend Paid 1,283.45 1,212.79
(e) f Dividend Tax Paid 213.57 206.30
6,744.68) 3,287.79)
Net Cash Inflow in the course of Financing activities (C) 3,395.41) 1,437.15)
Net Increase / (Decrease) in Cash / Cash Equivalents (A+B+C) 382.49) (689.84)
Add: Balance of Cash / Cash Equivalents at the beginning of the year 523.45) 1,213.29)
Cash / Cash Equivalents at the close of the year 905.94) 523.45)
Cash / Cash Equivalents at the close of the year
Cash and Bank Balances as per Schedule 1,217.58) 832.61)
Less: Fixed Deposits given as securities (311.64) (309.16)
905.94) 523.45)
As per our report of even date
For DALAL & SHAH For and on behalf of the Board
Firm Registration No. 102021W
Chartered Accountants P.K. Khurana
Chairman & Managing Director
S. Venkatesh Chanda Makhija Thadani Bimal Desai P.M. Samvatsar
Partner Company Secretary Chief Financial Officer Whole - Time Director
Membership No. F-037942
Mumbai
27 th May, 2011
Cash Flow Statement Annual Report 2010-11
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