2010-11 - Grasim

ULTRATECH CEMENT LANKA (PVT) LIMITED
Cash Flow w Statement for the period ended 31 st March, h, 2011
Year ended
Year ended
31.03.20
.03.2011 31.03.2010
CASH FLOWS FROM OPERATING
ACTIVI
CTIVITIES
TIES
SLR
INR
SLR
INR
Profit before tax 482,000,1
0,137
198,539,245
388,649,711 142,363,374
Adjustment for
Depreciation on property, plant and equipment 43,961,028 17,757
,757,628
,628 38,624,063 15,212,486
Amortization of leasehold land 1,222,851 493,959 1,222,842 481,628
Provision for retiring gratuity 3,651,687 1,475,063 2,541,416 1,000,961
Provision (Reversal of provision) for bad and doubtful debts - - - 6,656,159
Interest income (38,153,91
53,913)
3) (15,21
5,216,508)
(21,358,911) (8,879,735)
Interest expense
Property plant & machinery written off 4,327,980
,980 1,726,081 - -
(Gain)/loss on translation of foreign currency 1,990,192
92 (8,676,506) - -
Gain/(loss) on disposal of property, plant and equipment (140,308)
(55,957) (106,806) (44,404)
Operating profit before working capital al changes
496,869,461 206,709,703 416,228,473 144,225,030
(Increase )/decrease in inventories (28,578,023) (13,1
3,197
97,1
,112)
146,606,393 71,217,357
(Increase )/decrease in trade and other receivables 24,606,510 4,974,223
4,223 (157,233,324) (42,664,071)
Increase /(decrease) in trade and other payables (32,301,947)
(7,627
,627,1
,101)
1) 180,149,537 59,199,856
(36,273,460) (15,849,990) 169,522,607 87,753,142
Cash generated from operations 460,596,002
02 190,859,71
90,859,712 585,751,081 231,978,172
Interest expense paid - -
Income tax paid (176,068,581)
(71,121,1
21,181)
(69,255,611) (26,784,922)
Retiring gratuity paid (1,518,955)
(613,567)
- -
Net cash flow from operating activities 283,008,466
08,466 119,1
9,124,964
516,495,470 205,193,250
CASH FLOWS FROM INVESTING
ACTIVI
CTIVITIES
TIES
Purchase and construction of property, plant & equipment (36,404,606) (14,705,284) (3,571,917) (1,406,834)
Interest income received 38,153,913 15,216,508 21,358,911 8,879,735
Proceeds on disposal of property, plant and equipment 173,670
77,1
,115 159,183 65,033
Net Cash Flow from Investment activities 1,922,977 588,339 17,946,177 7,537,934
CASH FLOWS FROM FINANCING ACTIVI
CTIVITIES
TIES
Dividend paid (42,000,0
0,000)
0) (16,965,489) (50,000,000) (20,786,957)
Net cash flow from investing activities (42,000,0
0,000)
0) (16,965,489) (50,000,000) (20,786,957)
Net increase /(decrease) in cash & cash equivalent
242,931,443 102,7
02,747
47,81
,813 484,441,646 191,944,227
Cash & cash equivalents at the beginning of the year 458,112,369
180,431,977
(26,329,278) (11,512,250)
Cash & cash equivalents at the end of the year
701,043,81
1,043,812 283,179,790
458,112,369 180,431,977
The accounting policies and notes from an integral part of these financial statements
117 ⊳