Financial Statements
149
Particulars
Year ended
31st March, 2017
Year ended
31st March, 2016
A
CASH FLOW FROM OPERATING ACTIVITIES
PROFIT BEFORE INCOME TAX
1,148.70
1,028.70
Adjustments for:
Depreciation, amortisation and impairment
90.30
94.86
Share of net profit/(loss) of joint ventures accounted for using the equity method
1.00
0.53
Finance costs
16.58
20.62
Interest income from financial assets at amortised cost
(36.32)
(32.36)
Net Gain on disposal of property, plant and equipment
(2.77)
(9.54)
Gain on sale of investments
(30.46)
(2.06)
Gain on fair value of financial assets and investment
(18.56)
(1.39)
Profit on divestment of business
-
(9.62)
Dividend income from investment mandatorily measured at fair value through Profit and Loss
-
(25.59)
Employees stock option charge
4.02
3.46
Stock appreciation rights expense charge/ (reversal)
13.89
15.74
Provision for impaiment of investment
0.09
-
Provision for doubtful debts, advances, deposits and others
-
1.39
37.77
56.04
Operating Profit before working capital changes
1,186.47
1,084.74
Change in operating assets and liabilities:
(Increase)/ Decrease in inventories
(327.88)
66.38
(Increase)/ Decrease in trade receivables
5.10
(76.10)
(Increase)/ Decrease in other financials assets
1.67
(4.19)
(Increase)/ Decrease in other non-current assets
(0.22)
(5.75)
(Increase)/ Decrease in other current assets
17.98
(20.13)
(Increase)/ Decrease in loans and advances and other bank balances
29.14
(98.71)
Increase in trade payables
27.56
105.65
Increase/ (Decrease) in provisions
5.77
8.60
Increase in employee benefit obligations
(14.03)
(16.24)
Increase/ (Decrease) in other current liabilities
(20.43)
14.31
Increase/ (Decrease) in other financial liabilities
(3.15)
6.46
Changes in Working Capital
(278.49)
(19.72)
Cash Generated from Operations
907.98
1,065.03
Income taxes paid (net of refunds)
(296.41)
(247.40)
NET CASH INFLOW GENERATED FROM OPERATING ACTIVITIES
611.57
817.62
B
CASH FLOW FROM INVESTING ACTIVITIES
Payment for property, plant and equipment
(87.09)
(100.74)
Proceeds from sale of property, plant and equipment
5.61
14.33
Effects of translation of differences on fixed assets
10.57
0.77
(Purchase) / Sale of investments (net)
1.49
(118.01)
Effect of translation differences on Goodwill on consolidation
17.91
(8.81)
Consideration received on sale of BCS
-
14.38
Investment in joint venture
(16.57)
(1.35)
Payment for purchase of Inter-corporate deposits placed
(249.49)
(55.40)
Proceeds from redemtion of Inter-corporate deposits placed
220.50
-
Dividend income from investments measured at fair value through profit or loss
-
25.59
Interest received
34.03
32.36
NET CASH (OUTFLOW) / INFLOW FROM INVESTING ACTIVITIES
(63.04)
(196.88)
CONSOLIDATED CASH FLOW STATEMENT
for the year ended 31st March, 2017
(
r
in Crore)
