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EVEREST KANTO CYLINDER LIMITED
CONSOLIDATED 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)
A) Cash flow from Operating Activities
Net Profit for the year before taxation
Add / (Deduct):
7,460.75) 1,830.46)
(a) Depreciation / amortisation for the year 6,389.29) 5,688.34)
(b) Foreign Exchange Variation (net) (220.50) (2,614.50)
(c) Loss on Assets Scrapped / Discarded 7.27) 9.64)
(d) Finance Charges 822.72) 1,135.39)
(e) Interest Income (490.93) (111.90)
(e) f
Dividend on Current Investments (Non - Trade) (126.71) (2.31)
(g) Provision for diminution of Long Term Investment 200.00) –)
(h) Surplus on Sale of Fixed Assets –) (38.04)
6,581.14) 4,066.62)
Operating Cash Profit before Working Capital Changes 14,041.89) 5,897.08)
(a) Decrease in Inventories 6,343.10) 14,939.86)
(b) (Increase) / Decrease in Sundry Debtors (2,214.68) 521.14)
(c) (Increase) / Decrease in Other Receivables (3,924.96) 3,125.76)
(d) Increase / (Decrease) in Trade and Other Payables 2,064.51) (4,377.46)
2,267.97) 14,209.30)
Cash Inflow from Operations
Deduct:
16,309.86) 20,106.38)
Direct Taxes Paid 934.13) 858.09)
Net Cash Inflow in course of Operating activities (A) 15,375.73) 19,248.29)
B) Cash Flow from Investing Activities
Inflow:
(a) Dividend on Current Investments (Non - Trade) 126.71) 2.31)
(b) Interest Income Received 389.08) 127.80)
(c) Repayment of Inter Corporate Deposits given (net) –) 325.00)
(d) Sale of Fixed Assets 39.16) 59.13)
554.95) 514.24)
Outflow:
(a) Purchases of Current Investments 3,202.91) 217.21)
(b) Change in Minority Interest –) 27.73)
(c) Inter Corporate Deposit Given 1,800.00) -)
(d) Purchase of Fixed Assets (including capital advances) 4,123.38) 5,534.11)
(e) Acquisition of subsidiaries by purchase of Net Assets –) 238.89)
9,126.29) 6,017.94)
Net Cash (Outflow) in the course of Investing Activities (B) (8,571.34) (5,503.70)
Consolidated Cash Flow Statement Annual Report 2010-11
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