Annual Report cb smile - Jet Airways

More documents

Recommendations

Info

Consolidated Cash Flow Statement for the year ended 31 st March, 2010 88 For the For the Year Ended Year Ended 31 st March, 31 st March, 2010 2009 Rs. in lakhs Rs. in lakhs A. Cash Flow from Operating Activities (Loss) before tax Adjustments for : (40,982) (102,699) Depreciation / Amortisation 96,907 90,209 Excess Depreciation Reversal in respect of Earlier Years - (91,587) CENVAT Credit (11,214) (34,993) Marked to Market - Derivatives (7,045) 10,073 Provision for Stock Obsolescence 4,101 3,739 Loss / ( Profit ) on sale of Fixed Assets (Net) 169 (17,002) Profit on sale of Investments / Dividend on Current Investments (128) (429) Interest & Finance Charges 104,737 80,225 Interest on Income Tax Refund (4,076) - Interest on Bank & Other Deposits (5,146) (4,063) Excess Provision no longer required (4,245) (3,501) Provision for doubtful debts no longer required written back (4,187) - Provision for Leave Encashment & Gratuity 522 18 Exchange difference on translation (Net) (5,759) 12,070 Provision for doubtful debts 1,475 4,020 Bad Debts written off 173 169 Inventory scrapped during the year 2,629 1,801 Operating profit before working capital changes 127,931 (51,950) Changes in Inventories (6,851) (14,731) Changes in Sundry Debtors (7,237) 55,757 Changes in Loans & Advances 8,516 22,026 Changes in Current Liabilities and Provisions 51,954 (45,770) Cash generated from operations 174,313 (34,668) Direct Taxes paid (7,429) (8,297) Net cash from operating activities 166,884 (42,965) B. Cash Flow from Investing Activities Purchase of Fixed Assets and Capital work-in-progress (6,204) (105,160) Proceeds from sale of Fixed Assets 58 108,704 Purchase of Current Investments (690,595) (772,926) Sale of Current Investments 690,719 764,197 Deferred Payment towards Investment (13,750) (13,750) Changes in Fixed Deposits with Banks 36,501 (79,715) Interest Received on Bank & Other Deposits 5,042 2,529 Dividend on Current Investment 4 193 Net cash used for investing activities 21,775 (95,928)
Consolidated Cash Flow Statement for the year ended 31 st March, 2010 (contd.) C. Cash flows from Financing Activities Net (Decrease) / Increase in Short Term Loans (9,081) 49,714 Proceeds from Long Term Loans during the year 58,000 260,917 Repayment of Long Term Loans during the year (163,311) (114,421) Interest & Finance Charges (101,849) (87,783) Dividend paid (1) - Net cash from financing activities (216,242) 108,427 Net change in cash (A+B+C) (27,583) (30,466) Cash and cash equivalents at beginning of the year 38,981 69,447 Cash and cash equivalents at end of the year (Refer Note 1 & 2 below) 11,398 38,981 Note : 1) Cash and Cash equivalents for the year ended March 31, 2010 includes unrealised Gain (Net) of Rs. 879 lakhs [Previous Year unrealised Gain (Net) of Rs. 1,854 lakhs] on account of translation of foreign currency bank balances. 2) Fixed Deposits with banks with maturity period of more than three months including interest accrued thereon and Fixed Deposits under lien amounting to Rs. 71,242 lakhs (Previous Year Rs. 107,639 lakhs ) are not included in Cash and Cash equivalents. 89 For the For the Year Ended Year Ended 31 st March, 31 st March, 2010 2009 Rs. in lakhs Rs. in lakhs As per our attached report of even date On behalf of the Board of Directors For DELOITTE HASKINS & SELLS For CHATURVEDI & SHAH Saroj K. Datta Executive Director Chartered Accountants Chartered Accountants Durban R. D. Kamat C.D. Lala Aman Mehta Partner Partner I.M. Kadri Yash Raj Chopra Victoriano P. Dungca } Directors Monica Chopra Company Secretary & Sr. General Manager - Legal Mumbai Mumbai 20 th May, 2010 20 th May, 2010
Page 4 and 5:
Letter from the Chairman The year 2
Page 6 and 7:
Letter from the Chairman (contd.) n
Page 8 and 9:
Financial Highlights 200000 175000
Page 10 and 11:
Corporate Information Board of Dire
Page 12 and 13:
Notice Notice is hereby given that
Page 14 and 15:
Notice (contd.) RESOLVED FURTHER TH
Page 16 and 17:
Notice (contd.) Notes : 1. A MEMBER
Page 18 and 19:
Notice (contd.) f) Ensure that the
Page 20 and 21:
Notice (contd.) MAG has been incorp
Page 22 and 23:
Directors’ Report Dear Members, Y
Page 24 and 25:
Directors’ Report (contd.) The de
Page 26 and 27:
Directors’ Report (contd.) 8. Con
Page 28 and 29:
Directors’ Report (contd.) Due to
Page 30 and 31:
Management’s Discussion and Analy
Page 32 and 33:
Management’s Discussion and Analy
Page 34 and 35:
Corporate Governance Report (As req
Page 36 and 37:
Corporate Governance Report (contd.
Page 38 and 39:
Page 40 and 41:
Page 42 and 43:
Page 44 and 45:
Page 46 and 47: Corporate Governance Report (contd.
Page 48 and 49: Auditors’ Report To, The Members
Page 50 and 51: Annexure to the Auditors’ Report
Page 52 and 53: Balance Sheet as at 31 st March, 20
Page 54 and 55: Statement of Cash Flow for the year
Page 56 and 57: Schedules to the Balance Sheet as a
Page 64 and 65: Schedules to the Profit and Loss Ac
Page 66 and 67: Significant Accounting Policies and
Page 90 and 91: Statement pursuant to Section 212 (
Page 92 and 93: Auditors’ Report on Consolidated
Page 94 and 95: Consolidated Balance Sheet as at 31
Page 98 and 99: Schedules to the Consolidated Balan
Page 106 and 107: Schedules to the Consolidated Profi
Page 128 and 129: This page is intentionally left bla
Page 130 and 131: City Facts (contd.) Chennai Airport
Page 132 and 133: City Facts (contd.) Port Blair Airp
Page 134 and 135: City Facts (contd.) Dubai Airport:
show all

Annual Report cb smile - Jet Airways

Create successful ePaper yourself

Delete template?

Save as template?