Cash Flow statement
in 
Schedule |
For the year ended March 31, 2011 |
For the period from August 19, 2009 to March 31, 2010 |
|
CASH FLOWS FROM OPERATING ACTIVITIES |
|||
NET PROFIT BEFORE TAX |
4,03,21,777 |
92,75,153 |
|
Adjustments to reconcile net profit before tax to cash provided by operating activities |
|||
Depreciation |
37,46,459 |
9,97,667 |
|
Interest income |
(11,07,482) |
(91,951) |
|
Changes in current assets and liabilities |
|||
Sundry debtors |
(1,68,71,898) |
(2,10,69,586) |
|
Loans and advances |
14 |
43,17,486 |
(76,76,207) |
Current liabilities and provisions |
15 |
3,25,20,248 |
3,96,65,611 |
6,29,26,590 |
2,11,00,687 |
||
Income taxes paid |
(2,02,09,652) |
(12,00,000) |
|
NET CASH GENERATED BY OPERATING ACTIVITIES |
4,27,16,938 |
1,99,00,687 |
|
CASH FLOWS FROM INVESTING ACTIVITIES |
|||
Purchase of fixed assets |
(73,75,160) |
(43,56,215) |
|
Investment in fixed deposits |
(4,00,00,000) |
||
Interest received |
8,90,021 |
91,717 |
|
NET CASH USED IN INVESTING ACTIVITIES |
(4,64,85,139) |
(42,64,498) |
|
CASH FLOWS FROM FINANCING ACTIVITIES |
|||
Proceeds from issuance of share capital |
– |
10,000,000 |
|
NET CASH USED IN FINANCING ACTIVITIES |
– |
10,000,000 |
|
NET (DECREASE) / INCREASE IN CASH AND CASH EQUIVALENTS |
(37,68,201) |
2,56,36,189 |
|
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD |
2,56,36,189 |
– |
|
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD |
6 |
2,18,67,988 |
2,56,36,189 |
SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS |
16 |
Note : The schedules referred to above are an integral part of the Cash Flow statement.
As per our report attached
for B S R & Co. |
for and on behalf of Board of Directors of |
Supreet Sachdev |
S. D. Shibulal |
Chandra Shekar Kakal |
B. G. Srinivas |
Bangalore
April 11, 2011