The dawn of 5 Star flying The dawn of 5 Star flying - Kingfisher Airlines

Cash Flow Statement for the year ended March 31, 2009 (Contd.)
Year ended
March 31, 2009
Rupees
Nine Months ended
March 31, 2008
Rupees
C. Cash Flow from Financing Activities
(excludes assets & liabilities taken over pursuant to the Scheme.
Refer Note 4 given below)
Proceeds from issue of Share Capital (5,006,950) (21,345,024)
Share issue expenses paid - 726,132
Proceeds from Loans from Banks and Others (net) (10,306,239,947) (206,145,011)
Interest Paid 7,410,146,606 538,730,744
Net Cash From Financing Activities (2,901,100,291) 311,966,841
Net (increase) / decrease in Cash and Cash equivalents 1,490,383,542 5,369,271,916
Cash and Cash equivalents at beginning of the year / period 2,801,223,361 8,170,495,277
Cash and Cash equivalents acquired from KTASL 407,830,606 -
Cash and Cash equivalents at the end of the year / period 1,718,670,425 2,801,223,361
As at
March 31, 2009
Rupees
As at
March 31, 2008
Rupees
Cash and Cash equivalents comprises of :
Cash in Hand 13,102,142 4,987,725
Balance with Banks 1,705,568,283 2,796,235,636
TOTAL 1,718,670,425 2,801,223,361
Notes:
1) The above cash flow statement has been prepared under the “Indirect Method” as set out in the Accounting Standard - 3
2) Figures in bracket indicate cash inflow.
3) Previous period’s figures have been regrouped/rearranged to conform with current year’s classifications.
4) The above Cash flow statement has been prepared without considering the assets & liabilities taken over pursuant to the
Scheme. (Refer Note 2 on Schedule 19). The details are as hereunder:
Amount (Rupees)
a) Inventory 432,610,126
b) Sundry Debtors 1,230,502,493
c) Loans and Advances 3,070,595,290
d) Other Current Assets 14,945,219
e) Current Liabilities 9,613,683,337
f) Provisions 218,825,987
g) Fixed Assets - Gross Block 13,774,168,266
h) Fixed Assets - Depreciation Block 1,421,106,436
i) Capital Advances (including interest capitalised) 16,072,243,865
j) Initial Cost 433,583,105
k) Secured Loans 21,828,640,907
l) Unsecured Loans 15,621,008,913
5) Proceeds from issue of share capital does not include shares issued pursuant to the Scheme
As per our report of even date
For B. K. Ramadhyani & Co. For and on behalf of the Board of Directors
Chartered Accountants
R. Satyanarayana Murthi Dr. Vijay Mallya A. K. Ganguly A. K. Ravi Nedungadi
Partner Chairman & Managing Director Director Director
Membership No. 24248
Bangalore Bangalore A. Raghunathan N. Srivatsa
July 28, 2009 July 28, 2009 Chief Financial Officer Company Secretary
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