CONSOLIDATED STATEMENT OF
CASH FLOWS
as at 31 March 2018
as at 31 March 2018
| Mar-18 | Mar-17 | |
|---|---|---|
| A.Cash flow from operating activities | ||
| Profit before tax | 23,187 | 29,009 |
| Adjustments for : | ||
| Depreciation and amortisation expense | 1,821 | 1,152 |
| Allowances for doubtful debts and advances | 547 | 197 |
| Bad debts and advances written off | 16 | 126 |
| Liabilities / excess provision written back | (10) | (365) |
| Unrealised (gain) on exchange adjustments (net) | (2) | - |
| Loss on sale / write off of Property, plant and equipment (net) | 105 | 166 |
| Interest expense | 101 | 73 |
| Fair value loss on financial instruments at fair value through profit and loss | 68 | 2,205 |
| Share based payment expense | 6 | 2 |
| Share of (profit) / loss in associates and joint ventures | (12) | 5 |
| Profit on sale of sports business | (1,346) | (12,234) |
| Remeasurement income | (1,609) | - |
| Profit on sale of investments | (12) | (90) |
| Dividend on redeemable preference shares | 1,328 | 1,211 |
| Dividend income | (195) | (99) |
| Interest income | (1,603) | (1,106) |
| Operating profit before working capital changes | 22,390 | 20,252 |
| Adjustments for : | ||
| (Increase) in inventories | (9,359) | (3,676) |
| (Increase) in trade and other receivables | (2,510) | (2,425) |
| Increase in trade and other payables | 3,318 | 65 |
| Cash generated from operations | 13,839 | 14,216 |
| Direct taxes paid (net) | (8,295) | (6,810) |
| Net cash flow from operating activities (A) | 5,544 | 7,406 |
| B. Cash flow from investing activities | ||
| Purchase of property, plant and equipment / capital work-in-progress | (1,743) | (2,324) |
| Purchase of intangible assets | (847) | (444) |
| Purchase of investment property | (601) | - |
| Sale of property, plant and equipment / intangible assets | 45 | 64 |
| Fixed deposit invested | (17,432) | 20 |
| Fixed deposit matured | 11,677 | - |
| Payment towards acquisition of subsidiary companies | (2,015) | (100) |
| Payment towards acquisition of associate company | - | (13) |
| Purchase of non current investments | (171) | (389) |
| Proceeds received from sale of sports broadcasting business | 1,346 | 18,417 |
| Purchase of current investments | (45,424) | (55,600) |
| Sale / redemption of current investments | 44,182 | 53,014 |
| Loans (given to) / repaid by others | (722) | 250 |
| Dividend received | 5 | 99 |
| Interest received | 1,203 | 975 |
| Net cash flow from investing activities (B) | (10,497) | 13,969 |
| C. Cash flow from financing activities | ||
| Redemption of redeemable preference shares | (4,030) | - |
| Proceeds from long-term borrowings | - | 10 |
| Repayment of long-term borrowings | (2,937) | (10) |
| Dividend paid on equity shares | (2,399) | (2,607) |
| Dividend paid on redeemable preference shares | (1,435) | (1,458) |
| Interest paid | (101) | (73) |
| Net cash flow from / (used in) financing activities (C) | (10,902) | (4,138) |
| Net cash flow during the year (A+B+C) | (15,855) | (17,237) |
| Cash and bank balances received on acquisition of subsidiary | 38 | - |
| Effect of exchange differences on translation of foreign currency cash and cash equivalents | 46 | (717) |
| Cash and cash equivalents at the beginning of the year | 25,116 | 8,596 |
| Net cash and cash equivalents at the end of the year | 9,345 | 25,116 |
Managing Director & CEO
Director
Financial Controller
Company Secretary
