Annual Report 2012-2013 - UB Group

Consolidated Cash Flow Statement for the year ended March 31, 2013 (contd.)
For the year ended
March 31, 2013
` in million
For the year ended
March 31, 2012
C. Cash flow from financing activities
Proceeds from issue of shares 2,000.000 2.916
Interest and finance charges (4,446.896) (3,831.218)
Dividend paid and corporate dividend tax paid - (77.918)
Proceeds from loans from banks and others 16,489.670 8,221.536
Net cash generated from financing activities 14,042.774 4,315.316
Net increase (decrease) in cash and cash equivalents 904.699 (799.716)
Cash and cash equivalents at the beginning of the
412.751 2,092.848
year
Elimination on cessation of subsidiaries - (882.169)
Effect of exchange differences on translation of
0.503 1.788
foreign currency cash and cash equivalents
Cash and cash equivalents at the end of the year 1,317.954 412.751
Cash and cash equivalents comprise of :
Cash in hand 7.238 8.542
Balance with banks in current accounts 1,284.204 377.697
Short term investments 26.512 26.512
1,317.954 412.751
Reconciliation of cash and cash equivalents as per
Balance Sheet and Cash Flow Statement
Cash and cash equivalents as per balance sheet 1,434.105 475.182
Less: Deposits maturing beyond 3 months 142.663 88.943
Add: current Investments 26.512 26.512
1,317.954 412.751
Notes to the Consolidated Cash Flow Statement
1 Short term investments represents amounts invested in mutual funds which are readily convertible into cash
2 Balances with banks include ` 3.239 million being balances in unpaid dividend account which cannot be used by
the Company except for payment of unpaid dividend / transfer to Investor Education and Protection Fund.
This is the Consolidated Cash Flow Statement referred to in our report of even date.
For Vishnu Ram & Co.,
Chartered Accountants
Firm Registration No.004742S
Dr. Vijay Mallya N. Srinivasan A. Harish Bhat S.Vishnumurthy
Chairman Director Managing Director Proprietor
Membership No. 22715
Mumbai
May 30, 2013
Kaushik Majumder
Company Secretary
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