| Financial
year 2007-08
(Rs Crore) |
| Cash
flow consolidated |
2007-08
|
2006-07
|
2005-06
|
| A |
Cash
flow from operating activities |
|
Net
profit before tax |
152.03
|
353.99
|
282.89
|
|
Add:
adjustments for |
|
-
|
|
|
Depreciation |
525.15
|
423.54
|
225.07
|
|
Change
in the valuation of liabilities in respect
of life policies |
3040.39
|
1519.05
|
1166.06
|
| |
Provision
for diminution in value of investments |
3.16
|
|
|
| |
Provision
for ESOP |
1.68
|
0.37
|
0.68
|
|
Marketing
and technical know-how written-off |
-
|
-
|
-
|
|
Interest
expenses (net) |
425.02
|
363.33
|
103.83
|
|
(Profit)
/ loss on fixed assets sold |
(6.67)
|
(1.79)
|
0.45
|
|
(Profit)
/ loss on sale of investments |
(17.91)
|
(9.52)
|
(3.23)
|
|
Dividend
income |
(11.14)
|
(21.10)
|
(14.69)
|
|
Effect
of exchange fluctuation on Foreign Currency
Translation Reserve
|
(4.83)
|
27.26
|
-
|
| |
Invsetment
Income on shareholders Fund
|
(23.02)
|
(15.38)
|
(9.36)
|
| |
(Gain)/
loss on long term strategic Investment/Transfer
of Business |
(0.73)
|
(2.53)
|
|
| |
|
3931.10
|
2283.23
|
1468.81
|
|
Operating
profit before working capital changes |
4083.13
|
2637.22
|
1751.70
|
|
Add:
Adjustments for |
|
|
|
|
Decrease
/ (increase) in trade and other receivables |
(863.15)
|
(620.75)
|
196.89
|
|
Decrease
/ (increase) in inventories |
(276.30)
|
13.69
|
(118.21)
|
|
Increase
/ (decrease) in trade and other payables |
690.46
|
379.46
|
(119.99)
|
|
|
(448.99)
|
(227.60)
|
(41.31)
|
|
Cash
generated from operations |
3634.14
|
2409.62
|
1710.39
|
|
Income
taxes refund (paid) (net) |
(97.18)
|
(92.81)
|
(93.92)
|
|
Net
cash from operating activities |
3536.96
|
2316.81
|
1616.47
|
| B
|
Cash
flow from investing activities |
|
Sale
/ redemption / (purchase) of investments (net) |
(3100.72)
|
(1752.26)
|
(944.83)
|
|
Interest
received |
47.60
|
21.86
|
10.39
|
| |
Amount
received on disposal of RST/ subsidiary |
5.06
|
10.00
|
-
|
|
Dividend
received |
11.14
|
21.10
|
14.69
|
|
(Increase)
/ decrease in corporate deposit |
(85.08)
|
193.91
|
(193.95)
|
|
(Purchase)/
sale of fixed assets |
(2192.98)
|
(1387.47)
|
(412.63)
|
|
Investment
in equity |
-
|
(1317.56)
|
(645.14)
|
|
Investment
income on Shareholder's Fund |
23.02
|
15.38
|
9.36
|
| |
Investment
in equity of subsidiaries |
(2.16)
|
(630.18)
|
(0.11)
|
|
Net
cash (used in) / from investing activities |
(5294.12)
|
(4825.22)
|
(2162.22)
|
| C
|
Cash
flow from financing activities |
| |
Proceeds
from issue of preference shares |
50.00
|
-
|
-
|
| |
Proceeds
from issue of equity shares |
1.70
|
-
|
-
|
| |
Proceeds
from issue of share warrant |
377.41
|
-
|
-
|
|
Proceeds
from issue of share capital to minority |
156.78
|
137.59
|
28.60
|
| |
Proceeds
from issue of shares under rights issue |
-
|
9.81
|
-
|
| |
Redemption
of preference share in joint venture |
-
|
(153.50)
|
|
|
Security
premium received |
427.51
|
1223.69
|
0.06
|
|
Proceeds
from / (repayment of) borrowings (net) |
1185.58
|
2428.34
|
710.59
|
|
Dividends
paid (including tax thereon) |
(1.58)
|
(107.44)
|
(27.31)
|
|
Interest
and finance charges paid |
(462.09)
|
(368.30)
|
(111.23)
|
|
Net
cash (used in) / from financing activities |
1,735.31
|
3170.19
|
600.71
|
|
Net
increase in cash and equivalents |
(21.85)
|
661.78
|
54.96
|
|
Cash
and cash equivalents (opening balance) |
815.85
|
154.07
|
88.72
|
| |
Cash
of BGFL subsidiaries and JV
|
-
|
-
|
4.23
|
| |
Cash
of IGFL and BGFL
|
|
-
|
6.16
|
| |
Cash
outflow on sale of RST unit |
(0.01)
|
-
|
-
|
|
Cash
and cash equivalents (closing balance) |
793.99
|
815.85
|
154.07
|
