Our endeavour is to enhance Stakeholders' Value - Uflex Ltd.
Our endeavour is to enhance Stakeholders' Value - Uflex Ltd.
Our endeavour is to enhance Stakeholders' Value - Uflex Ltd.
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
DIRECTOR’S AKC DEVELOPERS REPORT LIMITED<br />
CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH, 2009<br />
For the Year Ended<br />
31.03.2009<br />
UFLEX LIMITED<br />
(Rupees)<br />
For the Year Ended<br />
31.03.2008<br />
A CASH FLOW FROM OPERATING ACTIVITIES<br />
Net Profi t before tax & exceptional items<br />
Adjustment for:<br />
4,845,440 (47,773)<br />
Depreciation 152,519 –<br />
Interest & Financial Charges 1,267,141 1,419,660 1,609 1,609<br />
Operating Profi t before working Capital changes<br />
Adjustment for:<br />
6,265,100 (46,164)<br />
Trade and other receivables (217,152,095) (2,180,000)<br />
Inven<strong>to</strong>ries (495,720) –<br />
Trade and Other payables 20,432,126 (197,215,689) 122,820 (2,057,180)<br />
Cash generated from operating activities (190,950,589) (2,103,344)<br />
Fringe Benefi t Tax (148,000) –<br />
Income Tax (2,104,058) (2,252,058) – –<br />
Net Cash from operating activities (A) (193,202,647) (2,103,344)<br />
B CASH FLOW FROM INVESTING ACTIVITIES<br />
(Purchase ) of Fixed Assets (3,152,388) –<br />
Capital work-in-progress (192,448,621) (359,463)<br />
(Outfl ow) on Investments (Net) (37,833,176) –<br />
Net Cash used in Investing Activities (B) (233,434,185) (359,463)<br />
C CASH FLOW FROM FINANCING ACTIVITIES<br />
Share Capital Received 287,200,000 2,200,000<br />
Interest & Financial Charges (1,267,141) (1,609)<br />
Additions of Borrowings (Net) 181,346,664 -<br />
Net Cash used in Financing Activities (C) 467,279,523 2,198,391<br />
Net Increase/(Decrease) in Cash and Cash equivalents (A+B+C) 40,642,691 (264,416)<br />
Opening Cash and Cash equivalents 205,445 469,861<br />
Closing Cash and Cash equivalents 40,848,136 205,445<br />
Vipin Mital<br />
Direc<strong>to</strong>r<br />
S.K. Arora<br />
Asst. General Manager (F&A)<br />
Place : NOIDA<br />
Dated : 14th July, 2009<br />
For and on behalf of the Board of Direc<strong>to</strong>rs<br />
Vipin Agarwal<br />
Direc<strong>to</strong>r<br />
Pankaj Gupta<br />
Company Secretary<br />
As per our report of even date attached<br />
For Jain Singhal & Associates<br />
Chartered Accountants<br />
Pradeep Beri<br />
Partner<br />
M. No.: 82392<br />
TWENTIETH ANNUAL REPORT 2008 - 2009 | 163 |<br />
S U B S I D I A R I E S
Change language