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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)
C) Cash Flow from Financing Activities
Inflow:
(a) Proceeds from Issue of Equity Shares - Private Placement 8,100.00 –
8,100.00) –)
Outflow:
(a) Share / FCCB Issue Expenses 414.09 –
(b) Interest paid on loans borrowed 884.63 1,504.97
(c) Dividend Paid 1,283.45 1,212.79
(d) Dividend Tax Paid 213.57 206.30
(e) Working Capital / Short Term Loan repaid during the year (net) 2,444.29 46.87
(e) f Fixed Loans repaid during the year (net) 10,343.97 9,383.44
15,584.00) 12,354.37)
Net Cash Inflow in the course of Financing activities (C) (7,484.00) (12,354.37)
D) Change in currency fluctation reserve arising on consolidation (265.02) 669.58)
Net Increase / (Decrease) in Cash / Cash Equivalents (A+B+C+D) (944.63) 2,059.80)
Add: Cash acquired on purchase of net asset of subsidiaries –) 38.58)
Add: Balance of Cash / Cash Equivalents at the beginning of the year 5,685.01) 3,586.63)
Cash / Cash Equivalents at the close of the year 4,740.38) 5,685.01)
Cash / Cash Equivalents at the close of the year
Cash and Bank Balances as per Schedule 5,052.02) 5,994.17)
Less: Fixed Deposits given as securities (311.64) (309.16)
4,740.38) 5,685.01)
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
Annual Report 2010-11 Consolidated Cash Flow Statement
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