Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
OPTO CIRCUITS (INDIA) LIMITED, BANGALORE.<br />
CONSOLIDATED CASH FLOW STATEMENT AS ON 31.03.2006<br />
I. Cash flow from operating activities<br />
Net pr<strong>of</strong>it before tax & extraordinary items<br />
Adjustments for non operating items<br />
31.03.2006 31.03.2005<br />
Rs. Rs.<br />
395,671,173 206,341,258<br />
(Amortisation and other non cash items)<br />
Depreciation & other non cash items 23,222,994 17,832,395<br />
Dividend received for the year (53,067) (50,398)<br />
Interest paid on borrowings 52,253,546 36,921,609<br />
Interest received on Fixed Deposit (4,502,068) (2,994,419)<br />
Pr<strong>of</strong>it on Sale <strong>of</strong> Fixed Assets (31,591,488) -<br />
435,001,090 258,050,445<br />
Adjustments for working capital<br />
(Increase)/Decrease in inventories (345,475,192) (181,959,323)<br />
(Increase)/Decrease in loans & advances (77,050,912) (24,288,952)<br />
(Increase)/Decrease in sundry debtors (299,882,880) (42,802,858)<br />
Increase/(Decrease) in current liabilities 325,391,860 145,716,108<br />
Cash operating pr<strong>of</strong>it/(loss) before income tax 37,983,966 154,715,420<br />
Income tax (4,472,724) (6,765,000)<br />
Cash flow from operating activities before<br />
extraordinary items<br />
33,511,242 147,950,420<br />
Extraordinary items Previous year transaction (13,626,324) (20,817,120)<br />
Net cash flow from operations<br />
II. Cash Flow From Investing Activities<br />
19,884,918 127,133,300<br />
Dividend Income 53,067 50,398<br />
Interest received on Fixed Deposit (3,098,192) 2,994,419<br />
Sale <strong>of</strong> Fixed Assets 46,811,692 2,307,384<br />
Proceeds from sale <strong>of</strong> investments(net) (242,472,952) 44,045,326<br />
Total inflow <strong>of</strong> cash from investing activities (198,706,385) 49,397,527<br />
Purchase <strong>of</strong> Fixed Assets (34,825,650) (44,331,268)<br />
Product development expenses (13,843,720)<br />
Net cash flow from investing activities (247,375,755) 5,066,259<br />
III.Cash Flow From Financing Activities<br />
Proceeds from long term borrowings 422,697,400<br />
Net proceeds from short term borrowings 6,699,054<br />
Inflow <strong>of</strong> cash 422,697,400 6,699,054<br />
Interest paid on borrowings (52,253,545) (36,921,609)<br />
Dividend paid (125,361,095) (67,833,776)<br />
Corporate dividend tax (18,220,913) (9,112,314)<br />
Net cash flow from financing activities 226,861,847 (107,168,645)<br />
Total increase in cash & cash equivalents during the year (628,990) 25,030,914<br />
Cash & cash equivalents at the beginning <strong>of</strong> the year 102,175,959 77,145,045<br />
Cash & cash equivalents at the end <strong>of</strong> the year 101,546,970 102,175,959<br />
100
Change language