133
CASH FLOW STATEMENT
FOR THE YEAR ENDED MARCH 31, 2014
(
`
in crores)
2013-2014
2012-2013
C.
Cash flows from Financing Activities
Expenses on Foreign Currency Convertible Notes (FCCN) /
Convertible Alternative Reference Securities (CARS) conversion
(0.35)
(0.23)
Premium on redemption of FCCN / (CARS) (including tax)
-
(886.95)
Brokerage and other expenses on Non-Convertible Debentures (NCD)
(87.54)
(93.02)
Premium paid on redemption of NCD
(658.05)
(96.55)
Proceeds from issue of shares held in abeyance
0.09
0.16
Repayment of fixed deposits
(362.19)
(1,868.38)
Proceeds from long-term borrowings
2,310.59
2,562.84
Repayment of long-term borrowings
(2,232.38)
(3,377.47)
Proceeds from short-term borrowings
8,548.00
11,873.79
Repayment of short-term borrowings
(8,679.86)
(10,177.80)
Net change in other short-term borrowings (with maturity up to three months)
(1,473.41)
1,287.75
Dividend paid (including dividend distribution tax)
(648.81)
(1,460.41)
Interest paid [including discounting charges paid,
`
373.78 crores
(2012-2013
`
345.06 crores)]
(1,749.90)
(1,809.42)
Net Cash used in financing activities
(5,033.81)
(4,045.69)
Net Decrease in cash and cash equivalents (A+B+C)
(17.44)
(795.75)
Cash and cash equivalents as at April 01, (opening balance)
205.57
919.64
Exchange fluctuation on foreign currency bank balances
10.55
81.68
Cash and cash equivalents as at March 31, (closing balance)
198.68
205.57
Non-cash transactions :
Foreign Currency Convertible Notes (FCCN) / Convertible Alternative Reference Securities
(CARS) converted to Ordinary shares
413.34
232.83
In terms of our report attached
For and on behalf of the Board
For
DELOITTE HASKINS & SELLS LLP
CharteredAccountants
B P SHROFF
Partner
Mumbai, May 29, 2014
NNWADIA
R AMASHELKAR
S BHARGAVA
NMUNJEE
V K JAIRATH
F NAYAR
R SPETH
Directors
CYRUS PMISTRY
Chairman
RAVI KANT
Vice-Chairman
R PISHARODY
ExecutiveDirector
S B BORWANKAR
ExecutiveDirector
C RAMAKRISHNAN
ChiefFinancialOfficer
HK SETHNA
CompanySecretary
Mumbai, May 29, 2014
Independent Auditors’Report
Balance Sheet
(132-133)
Statement of Profit and Loss
Cash Flow Statement
Notes to Accounts
