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Annual Report 2016-17
Cash Flow Statement for the year ended March 31, 2017
For the year ended
March 31, 2017
In
`
Million
March 31, 2016
In
`
Million
Cash pow from operating activities
Proot before tax
4,037.41
3,464.20
Adjustments for:
Interest income
(155.06)
(162.44)
Finance cost
0.91
0.92
Dividend income
(188.98)
(226.50)
Depreciation and amortization expense
609.68
585.35
Amortization of lease premium
0.58
0.52
Unrealised exchange loss/ (gain) (net)
78.27
73.14
Exchange (gain) / loss on derivative contracts
(69.55)
1.28
Exchange (gain) / loss on translation of foreign
(1.35)
3.47
currency cash and cash equivalents
Donations in kind
0.29
-
Bad debts
88.05
155.47
Provision for doubtful debts (net)/ (Provision for doubtful debts
written back) (net)
15.94
(136.24)
Employee stock compensation expenses
46.79
33.89
Provision for doubtful deposits and advances (net)
-
0.06
Remeasurements of the deoned beneot liabilities / (asset)
(63.31)
182.88
Excess provision in respect of earlier years written back
(1.75)
-
(Gain) / loss on fair valuation of mutual funds
(190.61)
14.17
Proot on sale of investments (net)
(94.14)
(224.41)
Proot on sale of oxed assets (net)
(1.57)
(9.86)
Operating proot before working capital changes
4,111.60
3,755.90
Movements in working capital :
(Increase) / Decrease in non-current and current loans
(49.01)
49.70
Decrease / (Increase) in other non current assets
4.58
(50.77)
(Increase) in other current onancial assets
(60.82)
(32.59)
(Increase) in other current assets
(80.89)
(496.91)
(Increase) in trade receivables
(1,134.13)
(1,372.89)
Increase in trade payables and current liabilities
86.36
878.37
Increase / (Decrease) in provisions
46.86
(169.48)
Operating proot after working capital changes
2,924.55
2,561.33
Direct taxes paid (net of refunds)
(979.36)
(906.91)
Net cash generated from operating activities
(A)
1,945.19
1,654.42
Cash pows from investing activities
Payment towards capital expenditure (including intangible assets)
(436.37)
(484.36)
Proceeds from sale of oxed assets
1.92
11.93
Share application money paid
-
(668.00)
Investment in wholly owned subsidiaries
(611.11)
(422.21)
Purchase of tax free bonds
(514.17)
(243.26)
Proceeds from sale of tax free bonds
654.08
456.20
Investments in mutual funds
(10,788.85)
(13,397.46)
Proceeds from sale / maturity of mutual funds
10,472.41
14,023.20
Proceeds from sale of other current investments
-
20.34
Investments in bank deposits having original maturity over three
months
(2.46)
(522.73)
Investments in Deposit with onancial institutions
(135.00)
(300.00)
Maturity of bank deposits having original maturity over three months
-
400.00
Inter corporate deposits (made) / refunded
(329.12)
312.55
Interest received
87.79
217.37
Dividend received
188.98
226.50
Net cash (used in) investing activities
(B)
(1,411.90)
(369.93)