|
|
|
A. |
 |
Cash Flow from Operating Activities : |
|
2007-08 |
|
2006-07 |
| |
Profit before Taxation and Extra ordinary Items |
|
|
47,895,950 |
30,444,941 |
|
Add :- Adjustments for : |
|
|
|
|
|
Depreciation |
75,603,100 |
|
|
80,553,530 |
|
Dividend from Investments |
(62,975) |
|
|
(82,880) |
|
Interest |
65,423,712 |
|
|
58,599,936 |
| |
Surplus (Net) on disposal of Fixed Assets |
- |
|
|
(19,157,473) |
|
Investments Written Off |
- |
|
|
327,183 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
140,963,837 |
120,240,296 |
|
|
|
|
|
|
|
Operating Profit before Working Capital Changes |
|
|
188,859,787 |
150,685,237 |
|
Less :- Adjustments for : |
|
|
|
|
|
(Increase) / Decrease in Inventories |
(145,210,884) |
|
|
(45,353,804) |
|
(Increase) / Decrease in Trade and Other Receivables |
7,891,570 |
|
|
(58,043,062) |
|
(Decrease)/Increase in Trade Payables |
144,307,365 |
|
|
(268,914,563) |
|
|
|
|
|
|
|
|
|
|
6,988,051 |
(372,311,429) |
|
|
|
|
|
|
|
Cash Generated from Operations : |
|
|
195,847,838 |
(221,626,192) |
|
(Add)/Less : Interest paid |
(67,041,947) |
|
|
(59,575,698) |
|
Direct Taxes paid |
(16,952,258) |
|
|
(14,012,596) |
|
|
|
|
|
|
|
|
|
|
(83,994,205) |
(73,588,294) |
|
|
|
|
|
|
|
Net Cash from / (used in) Operating Activities |
|
|
111,853,633 |
295, 214,486 |
B. |
Cash Flow from Investing Activities : |
|
|
|
|
|
Purchase of Fixed Assets |
(112,709,475) |
|
|
(228,687,350) |
|
Sale of Fixed Assets |
-- |
|
|
19,157,500 |
|
Interest Received |
1,808,294 |
|
|
1,173,892 |
|
Dividend Received |
62,975 |
|
|
82,880 |
|
Net Cash from / (used in) Investing Activities |
|
|
(110,838,206) |
(208,273,078) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
C. |
Cash Flow from Financing Activities : |
|
|
|
|
|
Proceeds from Loans |
-- |
|
|
211,202,361 |
|
Repayments of Loans |
(62,638,825) |
|
|
(59,637,500) |
|
Increase/(Decrease) in Bank Borrowings |
68,020,641 |
|
|
283,288,496 |
|
Dividend Paid |
(12,525,292) |
|
|
(21,174,308) |
|
Tax on Dividend Paid |
(2,176,465) |
|
|
(2,981,207) |
|
|
|
|
|
|
|
Repayment of Preference Shares |
(840) |
|
|
(5,530) |
|
|
|
|
|
|
|
Payment to Fractional Share Holders |
(34,538) |
|
|
42,129 |
|
|
|
|
|
|
| |
Net Cash from / (used in) Financing Activities |
|
|
(9,355,319) |
410,734,441 |
| |
Net increase / (decrease) in Cash and Cash Equivalents (A–B–C) |
|
|
(8,339,892) |
(92,753,123) |
|
Cash and Cash Equivalents as at 1 April 2007 |
|
|
26,835,222 |
119,588,345 |
|
Cash and Cash Equivalents as at 31 March 2008 |
|
|
18,495,330 |
26,835,222 |
|
|
|
In terms of our report of even date attached
D.P. Sen & Co.
Chartered Accountants |
|
S.K. Nayak
Partner
Membership No. 58711
Kolkata, 25 May 2008 |
B.K. Chowdhury
Senior General Manager (Accounts) &
Company Secretary |
on behalf of the Board
B. WADHWA
N. PUJARA
- Directors |
|
|
|