Annual Report 2009/2010 - Colombo Stock Exchange

Fi F n i n a a n n c c i i a a l l S S t t a t t e m e n t s
CASH FLOW STATEMENT
For the year ended 31st March
In Rs.'000s
Cash Flows from Operating Activities
Profit before Taxation
Adjustments for:
Finance expenses
Depreciation on property, plant & equipment
Amortisation of intangible assets
Property, plant & equipments write back
Intangible assets write off
Interest cost capitalised
Adjustments made for Property plant & equipment
Provision for gratuity
Profit on disposal of property, plant & equipment
Interest income
Operating cash flow before working capital changes
(Increase) in inventories
Decrease / (Increase) in trade and other receivables
Increase in amounts due from related companies
Increase in trade and other payables
Increase / ( Decrease) in amounts due to related companies
Cash generated from operations
Finance expenses paid
Gratuity paid
Income tax paid
2010
632,695
240,105
125,357
2009
81,889
391,339
128,747
Inventory Provisions and write offs 15
56,435 31,180
Note
7
12
13
12
13
12
12
21
5
5
7
21
13,559
-
-
(5,587)
4,524
7,063
(926)
(1,606)
1,071,619
(2,027)
(184,871)
(17,488)
190,127
(59,548)
997,812
(240,105)
(1,177)
-
3,626
(1,599)
2,959
(15,264)
-
10,992
(919)
(533)
632,417
(338,523)
37,020
(15,801)
25,869
71,212
412,194
(391,339)
(1,668)
(2)
Economic service charge paid
(17,676)
(11,402)
Net cash generated from operating activities
738,854
7,783
Cash Flows from Investing Activities
Purchase of property , plant & equipment and intangible assets
12 & 13
(118,240)
(209,612)
Proceeds from sale of property,plant & equipment
1,044
1,020
Customer deposits received
20.3
59,931
168,185
Customer deposits refunded
Long term investment
20.3
14
(25,966)
(355,738)
(11,048)
(346,834)
Interest received
5
1,606
533
Net cash used in investing activities
(437,363)
(397,756)
Cash Flows from Financing Activities
Proceeds from right issue
18.b
1,200,000
-
Long term loan received
20.1
-
50,000
Repayments of long term borrowings
Dividend paid
20.1
(37,447)
(43,895)
(86,645)
(43,750)
Net cash generated from/ (used in) financing activities
1,118,658
(80,395)
Net increase/(decrease) in cash & cash equivalents
1,420,149
(470,368)
Cash & cash equivalents at the beginning of the year
(1,600,278)
(1,129,910)
Cash & cash equivalents at the end of the year
(180,129)
(1,600,278)
Analysis of cash & cash equivalents
Cash & cash equivalents
Short term loan
Bank overdraft
151,545
-
(331,674)
(180,129)
69,316
(400,000)
(1,269,594)
(1,600,278)
28
The Notes to the Financial Statements from page 29 to 46 form an integral part of these Financial Statements.
Figures in brackets indicate deductions