| Rs. crores |
| |
|
|
|
|
|
|
|
Year ended
31.03.2012 |
|
| |
|
|
|
|
|
|
|
|
|
| A. |
Cash Flow from Operating Activities: |
| Profit/(Loss) before tax |
(4,132.95) |
8,584.98 |
| Adjustments for: |
|
|
| Depreciation and amortisation expense |
5,575.32 |
4,516.65 |
| Income from non-current investments |
(96.73) |
(97.41) |
| (Profit)/Loss on sale of non-current investments |
(966.03) |
(3,361.92) |
| (Profit)/Loss on assets sold/discarded |
(74.52) |
7.41 |
| Provision for impairment of non-current assets |
8,355.91 |
– |
| Interest and income from current investments |
(451.39) |
(898.10) |
| Finance costs |
3,968.11 |
4,250.11 |
| (Gain)/Loss on cancellation of forwards, swaps and options |
143.49 |
43.06 |
| Exchange (gain)/loss on revaluation of foreign currency loans and swaps |
185.31 |
625.61 |
| Provision for wealth tax |
2.19 |
1.80 |
| Other non-cash expenditure |
254.90 |
106.75 |
| |
|
16,896.56 |
|
5,193.96 |
| Operating Profit before Working Capital Changes |
12,763.61 |
13,778.94 |
| |
Adjustments for: |
|
|
| Trade and other receivables |
366.62 |
981.19 |
| Inventories |
1,915.37 |
407.72 |
| Trade payables and other liabilities |
847.32 |
(316.61) |
| |
|
3,129.31 |
|
1,072.30 |
| Cash Generated from Operations |
15,892.92 |
14,851.24 |
| |
Direct tax paid |
(2,568.98) |
(3,466.64) |
| Net Cash Flow from/(used in) Operating Activities |
13,323.94 |
11,384.60 |
| |
|
|
| B. |
Cash Flow from Investing Activities: |
| Purchase of fixed assets(2) |
(15,471.51) |
(12,077.70) |
| Sale of fixed assets |
249.12 |
177.39 |
| Purchase of non-current investments |
(302.24) |
(301.11) |
| Acquisition of subsidiaries/joint ventures/undertakings |
(155.70) |
– |
| Disposal of subsidiaries/joint ventures/undertakings |
901.57 |
721.47 |
| Sale of non-current investments |
1,208.43 |
5,136.75 |
| (Purchase)/sale of current investments (net) |
986.90 |
2,193.38 |
| Inter-corporate deposits given |
(95.34) |
(175.00) |
| Interest and income from current investments received |
211.19 |
492.13 |
| Dividend received |
146.41 |
127.26 |
| Net Cash Flow from/(used in) Investing Activities |
|
(12,321.17) |
|
(3,705.43) |
| |
|
|
|
| C. |
Cash Flow from Financing Activities: |
| Issue of Equity Shares |
0.02 |
534.60 |
| Proceeds from sale of cross holdings |
– |
31.22 |
| Issue/(Redemption) of Preference Shares |
(1.22) |
20.00 |
| Capital contributions received |
20.80 |
28.63 |
| Contribution received from minority |
242.63 |
18.30 |
| Proceeds from issue of Hybrid Perpetual Securities |
– |
775.00 |
| Proceeds from borrowings |
29,864.28 |
18,826.75 |
| Repayment of borrowings |
(27,210.63) |
(23,549.04) |
| Amount received/(paid) on cancellation of forwards, swaps and options |
(138.37) |
(32.96) |
| Distribution on Hybrid Perpetual Securities |
(265.76) |
(222.47) |
| Expenses (incurred)/reimbursed on issue of equity instruments |
2.40 |
(16.79) |
| Interest paid(2) |
(3,199.89) |
(3,525.35) |
| Dividend paid |
(1,169.13) |
(1,163.83) |
| Tax on dividend paid |
(189.88) |
(185.73) |
| Net Cash Flow from/(used in) Financing Activities |
|
(2,044.75) |
|
(8,461.67) |
| Net increase/(decrease) in Cash and Cash Equivalents |
(1,041.98) |
(782.50) |
| Opening Cash and Cash Equivalents |
10,538.86(3) |
10,805.77 |
| (As per Note 20, Page 196) |
|
|
Effect of exchange rate on translation of foreign currency
Cash and Cash Equivalents |
197.97 |
633.87 |
| Closing Cash and Cash Equivalents |
9,694.85 |
10,657.14 |
| (As per Note 20, Page 196) |
|
|
|
|
|
|
|
|
| |
Additional information:
- Figures in brackets represent outflows.
- Interest paid is exclusive of and purchase of fixed assets is inclusive of interest capitalised Rs. 231.81 crores (2011-12: Rs. 336.22 crores).
- Includes Rs. 199.55 crores of opening cash and cash equivalents in respect of a subsidiary acquired during the year and excludes Rs. 317.83 crores in respect of subsidiaries and joint ventures which were disposed of during the year.
- Previous years figures have been recast/restated where necessary.
|
| |
Financials 
