| |
|
WALCHAND
PEOPLEFIRST LIMITED |
|
|
| |
|
|
|
|
| |
|
CASH FLOW
STATEMENT |
|
|
|
|
| |
|
Annexed to the Balance Sheet for the Year Ended
31st March 2006 |
|
|
|
| |
|
|
2005-2006 |
|
2004-2005
|
|
| |
|
|
Amount in Rs. Lakhs |
|
|
Amount in Rs. Lakhs |
|
|
| |
|
|
|
|
| A. |
Cash Flow From
Operating Activities : |
|
|
|
|
| |
Net Profit Before Tax and
after |
|
|
|
|
|
|
| |
Extraordinary items |
|
|
|
28.64 |
|
|
269.90 |
|
| |
Adjustments for :- |
|
|
|
|
|
|
| |
Provision W/back( Aris Agro) |
|
- |
|
-
|
|
|
|
|
| |
Depreciation and Impairment |
|
|
39.16 |
|
+
|
|
33.15 |
|
|
| |
Short repayment of Hired
assets |
|
|
|
|
+
|
|
- |
|
|
| |
Deferred Expenses For
the year |
|
|
4.99 |
|
+
|
|
4.99 |
|
|
| |
Prelimnery Expenses for the year
|
|
|
- |
|
0.53 |
|
|
| |
Pre - Operative Expenses
Written Off |
|
- |
|
2.10 |
|
|
| |
Consideration
for Exchange of Shares in the Scheme of Arrangement |
|
- |
|
(119.50) |
|
|
| |
Profit on Sale of Investments |
|
|
(57.19) |
|
-
|
|
(33.34) |
|
|
| |
Dividend Income (Reced.) |
|
|
(16.39) |
|
-
|
|
(9.88) |
|
|
| |
|
|
|
|
|
|
|
| |
Interest Income ( Reced.) |
|
|
(81.64) |
|
-
|
|
(18.86) |
|
|
| |
Interest Expenses |
|
|
1.64 |
|
0.21 |
|
|
| |
Provision For Doubtful Debts |
|
|
|
|
+
|
|
1.30 |
|
|
| |
Provision For Doubtful
Advances |
|
|
- |
|
+
|
|
0.42 |
|
|
| |
Provision no longer
required (investment) |
|
(19.09) |
|
(316.94) |
|
|
| |
(Profit)/ Loss on
sale of Fixed Asset ( Net ) |
|
(3.96) |
|
0.12 |
|
|
| |
Provision for Doubtful Advances/Assets
Written Back |
|
(67.52) |
|
-
|
|
(212.66) |
|
|
| |
Investments written
off |
|
|
- |
|
16.19 |
|
|
| |
Loss on sale of
Investments |
|
|
19.29 |
|
+
|
|
253.43 |
|
|
| |
Excess Provision
Written Back ( Income Tax ) |
|
14.66 |
|
+
|
|
(0.35) |
|
|
| |
|
|
|
|
|
(166.05) |
|
|
(399.08) |
|
| |
|
|
(137.41) |
|
|
(129.17) |
|
| |
Adjustment for :- |
|
|
|
|
|
|
| |
Trade
Receivables(Inflow)/(outflow) |
|
+ |
162.00 |
|
-
|
|
(33.34) |
|
|
| |
Stock on Hire |
|
+ |
- |
|
+
|
|
- |
|
|
| |
Trade Payables |
|
- |
(84.04) |
|
-
|
|
4.23 |
|
|
| |
|
|
|
246.04 |
|
|
(29.11) |
|
| |
Cash Generated from
Operations |
|
|
|
108.63 |
|
|
(158.29) |
|
| |
|
|
|
|
|
|
|
| |
Direct Taxes Refund/ ( Paid ) |
|
- |
|
(28.60) |
+
|
|
|
(9.40) |
|
| |
|
|
|
|
|
|
|
|
| |
Cash Flow Before Extraordinary
Items |
|
|
|
80.03 |
|
|
(167.69) |
|
| |
|
|
|
|
|
|
|
|
| |
Net Cash Flow From Operating
Activities |
|
|
|
80.03 |
|
|
(167.69) |
|
| |
|
|
|
|
|
|
|
| |
|
|
342.64 |
|
|
|
|
|
| B. |
Cash Flow From
Investing Activities : |
|
|
|
|
|
|
|
| |
Purchase of Fixed Assets |
|
|
(50.08) |
|
-
|
|
(2.44) |
|
|
| |
Sale of Fixed Assets |
|
|
6.50 |
|
+
|
|
1.03 |
|
|
| |
Purchase of Investments |
|
|
(1,800.82) |
|
-
|
|
(1,407.70) |
|
|
| |
Sale of Investments |
|
|
1,719.68 |
|
+
|
|
1,511.59 |
|
|
| |
Interest paid |
|
|
(1.64) |
|
|
(0.21) |
|
|
| |
Dividend Income (Reced.) |
|
|
16.39 |
|
+
|
|
9.86 |
|
|
| |
Interest Income ( Reced.) |
|
|
81.64 |
|
+
|
|
16.92 |
|
|
| |
Net Cash Generated from
Investing Activities |
|
|
|
(28.33) |
|
|
129.05 |
|
| |
|
|
|
|
|
|
|
| C. |
Cash Flow From
Financing Activities |
|
|
|
|
|
|
|
| |
Proceeds from Fresh Issue of
Share Capital |
|
|
|
|
|
|
|
| |
(Including Premium) |
|
|
|
|
|
|
|
| |
Borrowing |
|
|
14.70 |
|
|
-
|
|
|
| |
Repayments of Borrowings |
|
- |
(2.72) |
|
-
|
|
(1.70) |
|
|
| |
Dividend Paid (unclaimed) |
|
- |
(14.82) |
|
-
|
|
(1.59) |
|
|
| |
Unclaimed Fixed Deposit Repaid |
|
- |
(0.35) |
|
|
(0.06) |
|
|
| |
Dividend Tax Paid |
|
- |
(2.00) |
|
-
|
|
- |
|
|
| |
Net Cash Generated from
Financing Activities |
|
|
|
(5.20) |
|
|
(3.36) |
|
| |
|
|
|
|
|
|
|
| |
Net Increase/ ( Decrease ) in Cash & Cash Equivalents |
|
|
46.50 |
|
|
|
(41.99) |
|
| |
|
|
|
|
|
|
|
| |
Cash & Cash
Equivalents as at 01.04.2005 |
|
|
87.95 |
|
|
129.95 |
|
|
| |
|
|
|
|
|
|
|
| |
Cash & Cash
Equivalents as at 31.03.2006 |
|
|
134.45 |
46.50 |
|
87.95 |
(41.99) |
|
| |
|
|
|
|
|
|
|
| |
|
|
|
(0.00) |
|
|
|
|
| |
|
|
|
0.00 |
|
|
|
|
| |
|
|
|
|
|
| |
Place : Mumbai |
|
|
|
For and on behalf of the Board |
|
|
| |
Date :April 28, 2006 |
|
|
|
|
|
| |
|
|
|
|
| |
|
|
|
|
| |
|
|
|
PALLAVI JHA |
|
|
| |
|
|
Chairperson & Managing Director
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|