JM FINANCIAL PRODUCTS LIMITED - Bombay Stock Exchange

JM FINANCIAL PRODUCTS LTD
STATEMENT OF CASH FLOW FOR THE YEAR ENDED MARCH 31, 2012
11
Previous Year
PARTICULARS Rupees Rupees
A Net Profit before tax 1,305,333,438 972,826,494
Adjustment for :
Depreciation/ Amortisation 10,383,608 9,985,604
Loss on fixed assets sold / discarded (net) 7,434,033 -
Loss on diminution in value of non-current investments (non trade) (net) 16,699,682 -
Loan funds written off 2,599,347 17,430,554
Provision for doubtful loans 7,688,835 -
Interest expenses - Others 837,072 472,554
Provision for doubtful loans written back (2,599,347) (17,430,554)
Interest Income (441,787,334) (169,813,500)
Dividend on non trade investments (35,435,892) (211,860,437)
Profit on sale of non-current investments (non trade) - (79,372,674)
Profit on sale of current investments (non trade) (73,174,557) (31,897,930)
Provision for non-current investments (non trade) written back - (1,704,775)
Operating Profit before Working Capital Changes 797,978,885 488,635,336
Adjustment for :
(Increase) in loans and advances and other current assets (1,144,308,281) (6,756,523,989)
Decrease/ (Increase) in stock-in-trade 1,738,190,192 (2,882,907,990)
(Increase) in other bank balances - (250,000,000)
(Decrease)/ Increase in trade payables, other liabilities and provisions (165,708,737) 182,054,438
Increase/ (Decrease) in accrued interest expenses related to operating
activities 139,548,950 (435,048,230)
(Increase) in accrued interest income related to operating activities (72,853) (5,067,583)
Cash generated from/ (used in) operations 1,365,628,156 (9,658,858,018)
Direct taxes paid (370,480,658) (258,200,760)
Net Cash from/(used in) Operating Activities (A) 995,147,498 (9,917,058,778)
B Cash flow from Investing Activities
Purchase of fixed assets (9,343,345) (10,069,965)
Sale of fixed assets 980,513 -
Purchase of non-current investments (504,686,462) (650,000,000)
Sale/ Redemption of non-current investments 563,446,000 623,101,058
Investment in subsidiaries - (433,499,940)
Sale of investment in a subsidiary 80,000,000 -
Purchase of current investments (89,655,563,388) (348,706,818,471)
Sale of current investments 91,303,223,328 350,072,763,065
(Increase) in other bank balances (2,384,689,657) (4,000,000,000)
Interest received 547,747,058 38,828,633
Dividend received 35,435,892 211,860,437
Net Cash (used in) Investing Activities (B) (23,450,061) (2,853,835,183)