AMBIENCE LIMITED - Cmlinks.com

CONSOLIDATED SUMMARY STATEMENTS OF CASH FLOWS, AS RESTATED
(Amount in Rs. million)
Particulars
March 31,
2009
for the year ended
March 31,
2008
March 31,
2007
March 31,
2006
A. CASH FLOW FROM OPERATING
ACTIVITIES
Profit before tax and minority interest, as
585.40 1,015.80 404.91 215.33
restated
Depreciation 14.27 11.60 5.12 4.67
Misc. expenses written off 3.39 4.16 1.63 0.05
(Profit)/ loss on disposal of fixed assets 0.18 - 0.48 -
(Profit)/ loss on sale of investments (13.74) (2.00) (0.20) -
(Profit)/ loss on sale of investments 1.43 - - -
Interest income (11.88) (4.04) (0.02) (0.03)
Dividend income (0.26) - (0.01) (0.01)
Interest expense 984.55 504.99 76.36 72.97
Operating profits before working capital
1,563.34 1,530.51 488.26 292.98
changes
Adjustment for:
Decrease/(Increase) in sundry debtors (105.35) 139.01 (341.57) 84.38
Decrease/(Increase) in inventories (4,607.74) (7,414.60) (2,235.17) (2,629.71)
Decrease/(Increase) in loan & advances (1,704.24) (752.48) 2,238.46 348.87
Increase/(Decrease) in sundry creditors & other
423.20 (2,103.03) 250.01
liabilities (61.78)
Miscellaneous expenditure incurred (0.42) (21.31) (8.28) (0.35)
Cash generated from/(used in) from operations (4,916.19) (6,095.67) (1,961.33) (1,653.82
Less : Direct tax paid 288.97 323.85 187.71 54.72
Net cash generated from/(used in) operations
(5,205.16) (6,419.52) (2,149.04) (1,708.54)
(A)
B. CASH FLOW FROM INVESTING
ACTIVITIES
Purchase of fixed assets (110.95) (116.73) (4.71) (11.65)
Sale of fixed assets 0.42 - 0.11 -
Purchase of investments (655.54) (468.62) (71.39) (0.14)
Sale of Investment 15.67 4.11 98.03 5.01
Other investment receipts 21.03
18.74 3.65 7.04
Interest received
11.88 4.04 0.02 0.03
Dividends received
0.26 - 0.01 0.01
Net cash generated from/(used in) investing activities
(B)
(717.21) (558.42) 25.72 0.30
C. CASH FLOW FROM FINANCING ACTIVITIES
Proceeds from issuance of shares including share
400.00 866.59 450.00
premium 1,080.00
Proceeds from borrowings 15,638.62
10,286.42 1,669.99 1,326.54
Repayment of Borrowings (9,922.76)
(3,018.82) (87.61) (12.61)
Interest expenses
(984.55) (504.99) (76.36) (72.97)
Dividend paid (including tax) -
- (218.96) -
Net cash generated from/ (used in) financing activities
5,811.31 7,162.61 2,153.65 1,690.96
(C)
Net change in cash and cash equivalents (A+B+C)
(111.06) 184.67 30.33 (17.28)
Cash and cash equivalents at the beginning of the year
249.71 65.35 5.73 22.48
Add : Cash and cash equivalents in respect of subsidiaries
acquired/sold during the year
(0.07) (0.30) 29.29 0.53
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