2007-08 - Aditya Birla Nuvo, Ltd

CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH, 2008Rs. CroresPARTICULARS 2007-08 2006-07A. CASH FLOW FROM OPERATING ACTIVITIESNet Profit before Tax 314.56 311.08Adjustments for :Depreciation 141.20 120.43Provision for Bad, Doubtful Debts and Advances 2.33 5.51Interest Expenses (Net) 179.02 171.16Employee Stock Options Outstanding 0.71 —(Profit)/Loss on Fixed Assets Sold (7.18) (2.66)(Profit)/Loss on Sale of Investments (1.19) (6.76)Dividend Income (4.23) 310.66 (23.73) 263.95Exceptional Items:(Gain)/Loss on Sale of Contract Export Division — (0.20)(Gain)/Loss on Sale of Rajashree Syntex Unit (0.73) —OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES 624.49 574.83Decrease/(Increase) in Trade and other Receivables (143.72) (13.11)Decrease/(Increase) in Inventories (258.47) 28.00Increase/(Decrease) in Trade and other Payables 102.52 (299.67) (32.71) (17.82)CASH GENERATED FROM OPERATIONS 324.82 557.01Income Taxes Paid (Net of Refund) (46.11) (60.66)NET CASH FROM OPERATING ACTIVITIES 278.71 496.35B. CASH FLOW FROM INVESTING ACTIVITIESProceeds from Sale of Fixed Assets 13.29 8.82Purchase of Fixed Assets (238.05) (302.72)Proceeds from Sale of Rajashree Syntex Unit/ContractExport Division 5.06 34.50(Increase)/Decrease in Corporate Deposits (89.76) 132.50Interest Received 24.78 24.29Dividend Received 4.23 23.73Sale/Redemption (Purchase) of Current Investments (Net) 228.65 (105.19)Sale of Investment in Joint Ventures — 0.96Purchase of Investment in Joint Ventures — (1,597.89)Sale of Investment in Subsidiaries — 10.00Investment in Subsidiaries (504.59) (463.83)Sale of Investments 3.20 1.30Purchase of Investments (19.57) (12.19)NET CASH (USED IN)/FROM INVESTING ACTIVITIES (572.76) (2,245.72)(120)