2 year overview - Cash Flow Statement Consolidated

AUDITED CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED MARCH 31, 2020

INR Mn

 

Consolidated

 

Year ended March 31, 2019

Year ended March 31, 2020

Cash flow from operating activities
   
Profit / (Loss) before tax
(584)
(1,959)
Adjusted for:    
Depreciation and amortisation expense 3,036 3,813
Net gain on sale of property, plant and equipment (7) 37
Fixed asset written off - -
(Profit)/Loss on sale of investment in subsidiary - -
Unrealised foreign exchange (gain) (net) (1,002) (48)
Gain on sale of assets on slump sale - -
Dividend Income * (0) (0)
Bad debts written off 404 511
Provision for doubful debts/ advances (net) 64 293
Employee stock option expense 314 1,298
Fair value gain (1) -
Sundry credit balance written back (137) (34)
Interest income (48) (29)
Premium on NCD 133 -
Finance Costs 2,235 2,314
Operating profit before working capital changes
4,406
6,197
Changes in working capital :    
(Increase) / Decrease in inventories 2 -
Increase / (Decrease) in trade and other payables (628) 4,077
Increase in provisions 167 433
(Increase) in trade and other receivables (2,224) (4,887)
Cash generated from operations
1,724
5,821
Direct taxes paid (net) (520) (604)
Net cash generated from operating activities (A)
1,203 5,217
     
Cash flow from investing activities
   
Purchase of Property, Plant and Equipment and other intangible assets (including capital work in progress) (2,399) (1,506)
Proceeds from sale of Property, Plant and Equipment and other intangible assets 20 2
Proceeds from division sale - -
Purchase of investment in subsidiaries - -
Sale of investment in subsidiary - -
Loans given to subsidiaries    
Loans repaid by subsidiaries - -
Payment towards business acquisition (430) -
Decrease in margin money and fixed deposits under lien 120 (37)
Interest received 2 1
Dividend received * 0 0
Net cash (used in) / generated from investing activities (B)
(2,687) (1,540)
     
Cash flow from financing activities
   
Proceeds from long term borrowings 4,729 -
Repayment of long term borrowings (4,122) (1,326)
Proceeds from short term borrowings (net) 4,124 3,454
Proceeds from issuance of shares and warrants 1 6
Payment of Lease liabilities - (1,974)
Payment on extinguishment of puttable instrument (1,471) -
Finance costs paid (1,674) (2,173)
Net Cash (used in) / generated from financing activities (C)
1,586 (2,013)
     
Net increase / (decrease) in cash and cash equivalents (A+B+C)
102 1,664
     
Cash and cash equivalents at the beginning of the year
795 897
Cash and cash equivalents at the end of the year
897 2,561