cash fl o w stat e m e n t s
Consolidated As at 31st March Note 2009 Rs. ’000 2008 Rs. ’000 2009 Rs. ’000 Company 2008 Rs. ’000
operating Activities Cash receipts from customers Cash paid to suppliers and employees Cash generated from operations Interest paid Income taxes paid Net cash flow from operating activities investing Activities Proceeds from disposal of property, plant & equipment Investment in shares Dividends received Interest received Proceeds from disposal of shares Acquisition and construction of property, plant & equipment Net cash flow from investing activities Financing Activities Acquisition of Company’s own shares Proceeds from long-term loans Repayment of long-term loans Dividends paid Repayment of finance lease obligations Net cash flow from financing activities Net increase/(decrease) in cash & cash equivalents Cash & cash equivalents at beginning of the year Cash & cash equivalents at end of the year Note A Analysis of cash & cash Equivalents Cash and bank balances Bank overdrafts Short-term bank loans Cash & cash equivalents Figures in brackets indicate deductions. The Significant Accounting Policies from pages 115 to 120 and Notes to the Financial Statements from pages 121 to 136 form an integral part of these Financial Statements. The Report of the Auditors is on page 109. 17 27 27 9,698 (206,706) (197,008) (1,595,720) (1,792,728) 51,222 (199,926) (148,704) (1,854,733) (2,003,437) 8,870 (193,925) (185,055) (1,558,459) (1,743,514) 49,454 (187,394) (137,940) (1,815,101) (1,953,041) A 20 21 21 7 21 (543,618) 350,000 (181,826) (30,250) (11,167) (416,861) 210,709 (2,003,437) (1,792,728) – 400,000 (146,863) (54,450) (19,398) 179,289 180,783 (2,184,220) (2,003,437) (543,618) 350,000 (181,826) (30,250) (11,167) (416,861) 209,527 (1,953,041) (1,743,514) – 400,000 (146,863) (54,450) (19,398) 179,289 147,171 (2,100,212) (1,953,041) 8 (118,097) 1,918 (547,186) (519,212) (102,234) (7,848) (524,401) (497,623) 41,397 (298) 1,713 1,519 75,684 25,424 – 1,913 637 – 41,270 (25,298) 1,713 1,017 75,684 24,511 – 1,913 354 – 9,755,196 (8,391,861) 1,363,335 (596,879) (140,804) 625,652 12,385,498 (11,148,193) 1,237,305 (514,750) (201,849) 520,706 9,180,476 (7,866,862) 1,313,614 (548,606) (130,772) 634,236 11,863,519 (10,752,343) 1,111,176 (460,853) (184,818) 465,505
Annual Report 2008/09
DIESEL & MOTOR ENGINEERING PLC
Page 112 - 113
cash flow statements
REcoNciLiATioN oF oPERATiNG PRoFiT WiTH cASH FLoWS FRoM oPERATiNG AcTiViTiES
Consolidated As at 31st March Note 2009 Rs. ’000 2008 Rs. ’000 2009 Rs. ’000 Company 2008 Rs. ’000
Profit before taxation Adjustments for: Dividend income Interest income Interest on finance lease Share of profit of equity accounted investee - Net of tax Depreciation Amortisation of intangible assets Impairment loss on property, plant & equipment Fall in value of investment in joint venture Gain on disposal of property, plant & equipment Gain on disposal of investment Provision for slow moving inventories Provision for bad & doubtful debts Provision for defined benefit plans Amortisation of deferred income Income taxes paid Retirement benefits paid
4
155,021
344,444
107,879
327,978
(1,713) (1,519) 2,523 177 8 8 12 2 97,916 782 6,594 – (16,998) (34,720) 19,015 20,585 24 23 24 29,412 (915) (140,804) (11,980) (31,645)
(1,913) (637) 3,073 (3,282) 84,244 139 – – 10,685 – 9,548 6,194 27,996 (1,996) (201,849) (5,986) (73,784) (89,681) (203,766) 543,493 250,046 520,706
(1,713) (1,017) 2,523 – 88,250 782 6,594 6,677 (16,901) (34,720) 18,493 26,440 26,155 (915) (130,772) (9,716) (19,840) 864,775 469,872 (788,450) 546,197 634,236
(1,913) (354) 3,073 – 77,029 139 – – 10,709 – 7,365 2,466 27,168 (1,996) (184,818) (5,741) (66,873) (117,766) (259,798) 581,964 204,400 465,505
(Increase)/decrease in inventories (Increase)/decrease in receivables and prepayments Increase/(decrease) in trade & other payables
840,943 444,023 (782,690) 502,276 625,652
Figures in brackets indicate deductions. The Significant Accounting Policies from pages 115 to 120 and Notes to the Financial Statements from pages 121 to 136 form an integral part of these Financial Statements. The Report of the Auditors is on page 109.