Download the Annual Report for 2010-11. - kiocl limited

Current year Previous YearABSTRACT(A) Net cash from operating activities 367,346` in Thousands1,337,167(B) Net cash from investing activities 195,375 673,246(C) Net cash used in financing activities (59,261) (74,235)Net increase in cash and cash equivalents 503,460 1,936,178Net increase in cash + cash equivalents:Cash and Cash equivalents 13,934,839 11,998,661As at 01-04-2010 (O.B)Cash and Cash equivalents 14,438,299 13,934,839As at 31-03-2011 (C.B)Net increase in Cash+ cash equivalents 503,460 1,936,178Notes :1 The above statement has been prepared using indirect method except in case of interest incomefrom investment, Dividend, purchase and sale of investment / Fixed assets and taxes, which have beenconsidered on the basis of actual movement of cash, with corresponding adjustments in assets andLiabilities.2 Additions to fixed assets and capital work-in-progress between the beginning and end of the periodare treated as investing activities.3 Figures in brackets indicate cash outflows.For and on behalf of Board of DirectorsS.K. Padhi T.M.G.K Bhat K. RanganathCompany Secretary Director (Finance) Chairman-cum-Managing DirectorPlace : BangaloreDate : 6th May, 2011AUDITORS' REPORTWe have examined the Cash flow statement of KIOCL LIMITED, for the year ended 31st March2011. The statement has been prepared by the Company in accordance with the requirementsof clause 32 of the listing agreement with the stock exchange and is based on and in agreementwith the corresponding Profit & Loss account and Balance sheet of the Company covered by ourreport dated 9th May, 2011 to the Members of the Company.for M/s ASA & AssociatesChartered AccountantsFirm Registration No. 009571NP. NitishPlace : BangalorePartnerDate: 9th, May, 2011 Membership No : 024736114