|
|
Consolidated |
Company |
| For the year ended 31st March |
Note |
2008
Rs.’000 |
2007
Rs.’000 |
2008
Rs.’000 |
2007
Rs.’000 |
Operating Activities |
|
|
|
|
|
| Cash receipts from customers |
|
12,385,498 |
13,175,265 |
11,863,519 |
12,665,483 |
| Cash paid to suppliers and employees |
|
(11,145,323) |
(12,176,773) |
(10,744,103) |
(11,717,838) |
| Cash generated from operations |
|
1,240,175 |
998,492 |
1,119,416 |
947,645 |
| Interest paid |
|
(517,620) |
(460,172) |
(469,093) |
(430,783) |
| Income taxes paid |
|
(201,849) |
(155,186) |
(184,818) |
(137,969) |
Cash flows from operating activities |
|
520,706 |
383,134 |
465,505 |
378,893 |
| |
|
|
|
|
|
Investing Activities |
|
|
|
|
|
Proceeds from disposal of
property, plant & equipment |
|
25,424 |
15,358 |
24,511 |
21,314 |
| Investment in joint venture |
|
– |
– |
– |
(6,000) |
| Dividends received |
|
1,913 |
1,934 |
1,913 |
1,934 |
| Interest received |
|
637 |
383 |
354 |
303 |
Acquisition and construction of
property, plant & equipment |
|
(547,186) |
(305,311) |
(524,401) |
(263,441) |
| Cash flows from investing activities |
|
(519,212) |
(287,636) |
(497,623) |
(245,890) |
| |
|
|
|
|
|
| Financing Activities |
|
|
|
|
|
| Proceeds from rights issue |
|
– |
55,000 |
– |
55,000 |
| Proceeds from long-term loans |
|
400,000 |
117,670 |
400,000 |
117,670 |
| Repayment of long-term loans |
|
(146,863) |
(135,905) |
(146,863) |
(135,905) |
| Dividends paid |
|
(54,450) |
(66,363) |
(54,450) |
(66,363) |
| Repayment of finance lease obligations |
|
(19,398) |
(19,860) |
(19,398) |
(19,860) |
| Cash flows from financing activities |
|
179,289 |
(49,458) |
179,289 |
(49,458) |
| |
|
|
|
|
|
| Net increase/(decrease) in cash & cash equivalents |
|
180,783 |
46,040 |
147,171 |
83,545 |
| Cash & cash equivalents at beginning of the year |
|
(2,184,220) |
(2,230,260) |
(2,100,212) |
(2,183,757) |
| Cash & cash equivalents at end of the year (Note A) |
|
(2,003,437) |
(2,184,220) |
(1,953,041) |
(2,100,212) |
| |
|
|
|
|
|
| A. |
Analysis of Cash & Cash Equivalents |
|
|
|
|
|
| |
Bank and cash balances (Note 18) |
|
51,222 |
176,390 |
49,454 |
175,521 |
| |
Bank borrowings (Note 26) |
|
(2,054,659) |
(2,360,610) |
(2,002,495) |
(2,275,733) |
| |
Cash & cash equivalents |
|
(2,003,437) |
(2,184,220) |
(1,953,041) |
(2,100,212) |
| |
|
|
|
|
|
|
Figures in brackets indicate deductions.
The Significant Accounting Policies and Notes to the Financial Statements form an integral part of these Financial Statements.
The Report of the Auditors. |
