Annual Report 2006-2007 - Gammon India

GAMMON INDIA LIMITED
C. CASH FLOW FROM FINANCING ACTIVITIES :
As per our attached report of even date
For Natvarlal Vepari & Co.
Chartered Accountants
N. JAYENDRAN
Partner
M.No. 40441
110
12 months
15 months
31st March, 2007
31st March, 2006
Rs. in Crores Rs. in Crores Rs. in Crores Rs. in Crores
Interest Paid (102.30) (118.56)
Proceeds from issue of Share Capital & Share Premium – 534.92
Minority Interest Contribution 5.00 32.14
Foreign Currency Translation Reserve 5.81 (0.90)
Proceeds from / (Repayment of) borrowings 463.91 95.68
Proposed Dividend (Including Tax) (9.98) (4.38)
Warrants issued to CBICL – 0.01
Share Premium Money (net) 1.25 –
For and on behalf of the Board of Directors
ABHIJIT RAJAN C. C. DAYAL
Chairman & Managing Director Director
RAJUL A. BHANSALI HIMANSHU PARIKH
Executive Director Executive Director
GITA BADE
Company Secretary
Mumbai, Dated: 31st July, 2007 Mumbai, Dated: 31st July, 2007
363.69 538.91
NET INCREASE IN CASH AND CASH EQUIVALENTS (68.78) 243.68
Balance as on 31.03.2006 319.07 75.39
Balance as on 31.03.2007 250.29 319.07
NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS (68.78) 243.68
Note:
- Figure in brackets denote outflows
- Cash and cash Equivalents Include Rs 3.15 Crores as an 31.03.2007 (Previous Year - Rs 1.99 Crores as on 31.03.2006) with Bank
branch in Foreign countries relating to certain Foreign Projects which are not readily available for use by the Company.
As At As At
31.3.2007 31.3.2006
As Per Balance Sheet 250.17 319.05
Effect of Exchange Rate Charges 0.12 0.02
Balance Restated above 250.29 319.07