Annual Report 2010-11

CASH FLOW STATEMENT FOR THE YEAR ENDED MARCH 31, 2011
Continued...
Particulars
Year ended 31.03.2011
Year ended 31.03.2010
( ` inlakh)
(C)
Cash Flow from Financing Activities:
Proceeds from issue/repatriation of Share Capital (43.13) (7.75)
Proceeds from Borrowings 29,419.13 (9,191.19)
Interest Paid (773.20) (518.31)
Dividend Paid (7,761.95) (7,132.72)
Foreign Exchange Rate Fluctuations 2,121.02 26.46
Net Cash from Financing Activities (C) 22,961.87 (16,823.51)
Net Increase/(Decrease) in Cash and (38,616.81) 833.30
Cash Equivalents (A+B+C)
Cash and Cash Equivalents as at the beginning of the year * 79,878.31 79,045.01
Cash and Cash Equivalents as at the close of the year * 41,261.50 79,878.31
Net Increase/(Decrease) in Cash and Cash Equivalents (38,616.81) 833.30
* Includes ` 27.19 Lakhs (Previous Year `15.79 Lakhs) lying in designated current accounts towards unclaimed dividend and
fixed deposits of ` 49.50 Lakhs (Previous Year ` 49.50 Lakhs) pledged with the banks
Notes:
1 Cash Flow Statement has been prepared under the indirect method as set out in the Accounting Standard (AS)-3 “Cash
Flow Statements” issued by the Institute of Chartered Accountants of India
2 Cash and Cash Equivalents consists of Cash-in-Hand and Balances with Banks.
(R Kamra)
Finance Director
For G S Mathur & Co.
Chartered Accountants
As per our report of even date
For S K Mehta & Co.
Chartered Accountants
(B D Sinha)
Managing Director
For G K Choksi & Co.
Chartered Accountants
(Ajay Mathur)
Partner
M. No. 082223
Place: New Delhi.
Date: April 29, 2011.
(SKMehta)
Partner
M. No. 010870
(Sandip A. Parikh)
Partner
M. No. 040727
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