in
Year ended March 31, |
||
2011 |
2010 |
|
CASH FLOWS FROM OPERATING ACTIVITIES |
||
Profit before tax |
2,14,47,99,083 |
2,93,13,66,471 |
Adjustments to reconcile profit before tax to cash provided by operating activities |
||
Depreciation |
50,74,55,954 |
53,86,79,767 |
Interest income |
(31,83,30,127) |
(17,43,07,868) |
Dividend income |
(3,40,79,908) |
(4,74,31,253) |
Profit on sale of investments |
– |
(22,44,820) |
Provision for investments |
6,21,66,191 |
– |
(Profit) / Loss on sale of fixed assets |
(2,44,780) |
(30,361) |
Effect of exchange differences on translation of foreign currency cash and cash equivalents |
24,75,177 |
1,20,30,006 |
Changes in current assets and liabilities |
||
Sundry debtors |
(32,58,13,411) |
30,75,92,996 |
Loans and advances |
(33,70,93,312) |
(30,13,19,934) |
Other current assets |
||
Current liabilities |
32,85,33,418 |
(25,96,51,877) |
Provisions |
7,63,51,645 |
8,73,81,251 |
2,10,62,19,930 |
3,09,20,64,378 |
|
Income tax paid during the year, net |
(37,27,02,209) |
(59,78,73,925) |
Other receivables from subsidiary |
– |
|
NET CASH GENERATED BY OPERATING ACTIVITIES |
1,73,35,17,721 |
2,49,41,90,453 |
CASH FLOWS FROM INVESTING ACTIVITIES |
||
Purchase of fixed assets and change in capital work-in-progress / advances |
(47,64,27,487) |
(42,08,87,019) |
Proceeds from sale of fixed assets |
25,77,931 |
34,54,197 |
Interest received |
26,59,04,970 |
18,76,89,275 |
Dividend received |
3,40,79,908 |
4,74,31,253 |
Purchase of units in liquid mutual funds |
(3,49,22,26,735) |
(8,85,62,17,762) |
Proceeds from sale of units in liquid mutual funds |
5,29,44,69,763 |
6,85,02,84,795 |
Investment in subsidiary |
– |
(1,72,63,75,858) |
Proceeds from repayment of investment in subsidiary |
3,16,33,809 |
– |
Loans given to subsidiaries |
(11,20,08,880) |
(27,67,76,124) |
Loans repaid by subsidiaries |
11,35,58,853 |
16,83,45,259 |
NET CASH GENERATED / (USED) IN INVESTING ACTIVITIES |
1,66,15,62,132 |
(4,02,30,51,984) |
CASH FLOWS FROM FINANCING ACTIVITIES |
– |
– |
NET CASH FLOWS FROM FINANCING ACTIVITIES |
– |
– |
Effect of exchange differences on translation of foreign currency cash and cash equivalents |
(24,75,177) |
(1,20,30,006) |
NET CHANGE IN CASH AND CASH EQUIVALENTS |
3,39,26,04,676 |
(1,54,08,91,537) |
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR |
2,44,27,31,970 |
3,98,36,23,507 |
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR(1) |
5,83,53,36,646 |
2,44,27,31,970 |
(1) | Cash and cash equivalents aggregating ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
This is the Cash Flow statement referred to in our report of even date.
As per our report attached
for B S R & Co.
Chartered Accountants
Firm’s registration number : 101248W
Supreet Sachdev |
T. V. Mohandas Pai |
D. Swaminathan |
S. D. Shibulal |
Prof. Jayanth R. Varma |
Sridar A. Iyengar |
B. G. Srinivas |
Eric S. Paternoster |
Abraham Mathews |
|
Bangalore |
N. R. Ravikrishnan |