FUTURA POLYESTERS LIMITED - IDBI Capital

Summary Statement Of Cash Flows, As Restated
Particulars
(A) CASH FLOW FROM OPERATIONS
Net Profit before tax and extra-ordinary item
Rupees in lacs
For the year ending 31 st March
2007-08 2006-07 2005-06 2004-05 2003-04
1,835.44 1,770.65 (795.69) 920.06 (3,648.00)
Adjustment for
Depreciation 1,693.42 1,570.98 1,481.75 1,472.89 1,876.57
Foreign Exchange Fluctuation (Net) (194.51) (70.76) (61.79) (1.20) (14.66)
Interest / Dividend Income (272.57) (4.80) (6.69) (331.42) -
Interest Expenses 2,126.66 1,764.13 1,890.76 1,917.19 2,411.58
Profit / (Loss) on Sale of Fixed Assets (638.45) (33.47) 3.58 (0.83) 307.33
Profit / (Loss) on Sale of Investments - - (20.00) (8.00) 23.17
Diminution in Value of Investments - - - - 14.59
Provision for Doubtful Debts / Advances 59.41 165.13 23.36 76.49 85.63
Provision for Doubtful Debts / Advances Written - back - - - - (190.28)
Provision no longer required written back (2.37) (68.77) (112.18) (106.21) (43.61)
Credit balances written back (0.24) (7.97) (0.60) (56.58) (172.91)
Provision for Investments Written - back - - - - (21.51)
Operating Profit before working capital changes 4,606.79 5,085.12 2,402.50 3,882.39 627.90
Adjustment for
Trade and Other Receivables (175.07) (1,554.62) 891.00 (1,365.76) 662.36
Inventories (3,505.37) 1,164.19 (1,916.27) (2,379.58) 2,098.72
Trade Payables 4,207.17 (537.18) 1,270.59 (2,655.61) 2,542.99
526.73 (927.61) 245.32 (6,400.95) 5,304.07
Cash generated from operations 5,133.52 4,157.51 2,647.82 (2,518.56) 5,931.97
Direct Taxes (Paid) (102.07) (246.38) 49.36 48.33 (42.73)
Cash flow before extra-ordinary item 5,031.45 3,911.13 2,697.18 (2,470.23) 5,889.24
Extra Ordinary Item (4.97) (3.50) (4.45) (13.31) (16.54)
NET CASH FROM OPERATING ACTIVITIES (A) 5,026.48 3,907.63 2,692.73 (2,483.54) 5,872.70
(B) CASH FLOW FROM INVESTING ACTIVITIES:
Purchase of Fixed Assets (4,669.13) (2,591.14) (1,762.27) (975.55) (579.70)
Disposal of Fixed Assets 987.61 382.28 19.85 9.68 4,839.04
Sale / Purchase of Investments (239.89) (2.31) 220.00 12.76 (2,499.96)
Interest Received 269.22 3.80 6.62 327.57 -
Dividend Received 3.35 1.00 0.07 3.85 0.36
(3,648.84) (2,206.37) (1,515.73) (621.69) 1,759.74
Net cash used in investing activities (B) (3,648.84) (2,206.37) (1,515.73) (621.69) 1,759.74
(C) CASH FLOW FROM FINANCING ACTIVITIES
Proceeds from Issue of Share Capital - - 1,219.99 1,487.88 -
Share Application Money - - - 725.02 -
Proceeds from Long Term borrowings 981.31 130.11 884.84 (503.41) (2,930.46)
Repayment from Short Term borrowings (249.02) (227.89) (812.90) 797.89 (207.62)
Interest paid (2,019.84) (1,817.26) (2,035.87) (2,251.82) (2,145.47)
(C) (1,287.55) (1,915.04) (743.94) 255.56 (5,283.55)
Net increase in cash and cash activities (A + B + C)
90.09 (213.78) 433.06 (2,849.67) 2,348.89
Cash and cash equivalents (Opening Balance) 1,734.06 1,947.84 1,514.78 4,364.45 2,015.56
Cash and cash equivalents (Closing Balance) 1,824.15 1,734.06 1,947.84 1,514.78 4,364.45
NET INCREASE / (DECREASE) AS DISCLOSED ABOVE 90.09 (213.78) 433.06 (2,849.67) 2,348.89
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