Statutory Reports
Corporate Overview
69th Annual Report 2013-14
40
Financial Statements
(
`
crores)
FY 2013-14
FY 2012-13 FY 2011-12 FY 2010-11 FY 2009-10
SOURCES OF FUNDS
1 Funds generated from operations
A.
Profit after tax
334.52
301.81
1,242.23
1,811.82
2,240.08
B.
Depreciation (including Lease Equalisation)
2,065.78
1,813.10
1,602.23
1,356.26
1,029.36
C.
Provision / (Reversal) for diminution in value of investments (net)
19.43
(9.67)
-
34.00
61.05
D.
Net deferred tax charge / (credit)
(1,920.32)
(127.44)
98.24
376.30
589.46
E.
Credit for Dividend Distribution Tax of Subsidiary Companies
-
1.48
1.48
-
-
F.
Exchange gain (net) on Long term Foreign currency monetary
items deferred consequent to amendment to AS-11
13.77
43.35
(258.35)
161.69
(325.81)
G.
Marked to Market Exchange loss on Forward contracts transferred
to Hedging Reserve Account on adoption of principles of hedge
accounting under AS30 [Note b(iii)]
-
-
-
-
132.57
H.
Profit on sale of division
-
(82.25)
Total
513.78
1,940.38 2,685.83 3,740.07
3,726.71
2 Proceeds from issue of Global Depository Shares
-
-
-
-
1,794.19
3 Proceeds from QIP issue
-
-
-
3,351.01
-
4 Proceeds from FCCN, Warrants and Convertible Debentures
converted into Ordinary Shares and premium thereon
413.43
233.00
0.02
1,493.32
1,555.76
5 (a) Decrease in Working Capital
4,069.76
292.96
-
-
2,145.94
(b) Decrease in Finance receivables
14.99
64.77
144.96
366.41
1,393.58
6 Increase in Borrowings (net of repayments)
-
918.38
-
-
3,460.35
7 Investment sold (net of investment made)
1,456.54
568.83
2,130.66
-
-
8 Decrease in short term deposits with banks
223.87
576.08
525.86
-
-
9 Proceeds from sale of division
-
110.00
-
-
-
6,691.77
4,704.40 5,487.33 8,950.81 14,076.53
APPLICATION OF FUNDS
10 Capital Expenditure (net)
3,568.10
2,952.38
3,346.88
2,396.29
2,873.33
11 Repayment of Borrowings (net of additional borrowings)
1,746.15
-
34.86
695.79
-
12 Investments made (net of sales)
-
-
-
321.31
9,429.82
13 Payment of Redemption Premium on NCD
658.05
96.55
-
71.96
-
14 Increase in short term deposits with banks
-
-
-
804.66
490.67
15 Increase in Working Capital
-
-
571.38
3,000.57
-
16 Dividends (including tax thereon)
666.27
724.23
1,463.72
1,467.03
991.94
17 Premium paid on redemption of CARS
-
843.37
-
-
-
18 Miscellaneous Expenditure (to the extent not written off or adjusted)
and utilisation of Securities Premium Account [Note (a) below]
53.20
87.87
70.49
193.20
290.77
6,691.77
4,704.40 5,487.33 8,950.81 14,076.53
-
NOTES :
(a) Utilisation of Securities Premium Account includes
FCCN / CARS / Rights issue expenses and premium
on redemption of Debentures
53.20
87.87
70.49
193.20
292.79
(b) The Sources and Application of funds does not include
(i) Provision for premium on redemption of CARS / FCCN
(0.46)*
83.19*
929.46*
941.08 *
1,001.46 *
(ii) Liability towards premium on redemption of NCD
(919.23)
(1,577.28)
1,673.83
1,673.83
1,745.79
(iii) Deferred Tax on account of item 1(G)
-
-
-
-
(45.06)
* net of deferred tax
(c) Figures for the previous years have been regrouped wherever necessary.
FUNDS FLOW - LAST FIVE YEARS
