GAMMON INDIA LIMITED

C CASH FLOW FROM FINANCING ACTIVITIES :
Interest Paid (2,615.87) (1,194.90) (1,023.00)
Grant Received 332.38 - -
Proceeds from issue of Share Capital & Share Premium 0.13 - -
Warrants redeemed of CBICL - (0.10) -
Minority Interest Contribution 103.43 618.27 50.00
Foreign Currency Translation Reserve (10.67) (47.53) 58.10
Proceeds from / (Repayment of) borrowings 13,056.66 4,104.68 4,639.10
Dividend Paid (48.49) (45.22) (99.80)
Share Premium Money (net) 264.27 1,509.58 12.50
Net Cash from Financing activities 11,081.84 4,944.78 3,636.90
NET INCREASE IN CASH AND CASH EQUIVALENTS 2,282.75 1,334.91 (687.82)
Opening Balance 3,835.40 2,501.76 3,190.74
Closing Balance 6,118.15 3,836.67 2,502.92
NET INCREASE/(DECREASE) IN CASH AND CASH
EQUIVALENTS
Note:
Figure in brackets denote outflows
2,282.75 1,334.91 (687.82)
Cash and cash Equivalents Include Rs 19.30 Millions as on 31.03.2009 (31.03.2008 - Rs 31.80 Millions ; 31.03.2007
Rs - 31.50 Millions) 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 AS AT
31.3.2009 31.3.2008 31.3.2007
As Per Balance Sheet - Escrow Account 596.02 2,377.67 -
- Other Account 5,517.64 1,457.73 2,501.72
Effect of Exchange Rate Charges 4.49 1.27 1.20
Balance Restated above 6,118.15 3,836.67 2,502.92
F
13