` in crores
| Particulars | Year ended March 31, 2017 | Year ended March 31, 2016 |
|---|---|---|
| A.CASH FLOW FROM OPERATING ACTIVITIES | ||
| Profit after tax | 3,377.12 | 3,160.19 |
| Adjustments for: | ||
| Add: Depreciation and amortisation | 492.73 | 437.64 |
| Tax expense | 1,281.34 | 1,274.68 |
| Loss on property, plant and equipment sold/discarded | 170.82 | 108.99 |
| Finance cost | 6.05 | 4.89 |
| Employee stock compensation cost | 3.42 | 0.93 |
| 1,954.36 | 1,827.13 | |
| Less: Interest income on financial assets carried at amortised cost | 156.89 | 163.53 |
| Dividend income | 41.81 | 11.56 |
| Profit on sale of investments | 137.85 | 204.54 |
| Gain on investments carried at fair value through profit or loss | 179.25 | 28.42 |
| Profit on sale of property, plant and equipment | 0.46 | 0.51 |
| Re-measurement loss on defined benefit plans | 21.53 | 3.63 |
| 537.79 | 412.19 | |
| Operating profit before working capital changes | 4,793.69 | 4,575.13 |
| Changes in working capital: | ||
| Adjustment for (increase)/decrease in operating assets: | ||
| Inventories | 16.67 | 142.51 |
| Trade receivables | (279.07) | 106.79 |
| Loans-Current | 1.39 | 0.74 |
| Loans-Non-Current | 3.57 | 3.39 |
| Other financial assets-current | (2.07) | (6.88) |
| Other financial assets-non-current | (2.03) | (4.81) |
| Other current assets | 38.23 | 26.94 |
| Other non-current assets | 70.60 | (18.31) |
| (152.71) | 250.37 | |
| Adjustment for increase/(decrease) in operating liabilities: | ||
| Trade payables | 596.71 | 63.34 |
| Other financial liabilities-Current | 7.88 | 2.95 |
| Other current liabilities | (48.12) | 28.91 |
| Short-term provisions | 9.35 | 8.99 |
| Long-term provisions | 7.70 | 22.68 |
| 573.52 | 126.87 | |
| Cash generated from operations | 5,214.50 | 4,952.37 |
| Less: Direct taxes paid | 1,186.48 | 1103.23 |
| Net cash from operating activities | 4,028.02 | 3,849.14 |
| B.CASH FLOW FROM INVESTING ACTIVITIES | ||
| Capital expenditure on property, plant & equipment and intangible assets including capital advances |
(1,150.69) | (1,467.04) |
| Proceeds from sale of property, plant and equipment | 1.62 | 6.65 |
| Sale of investments | 28,274.08 | 26,956.69 |
| Purchase of Investment | (28,991.50) | (27,611.59) |
| Investment in Associates | (216.92) | (197.19) |
| Investment in Subsidiaries | (57.39) | (66.56) |
| Interest income on financial assets carried at amortised cost | 155.05 | 161.29 |
| Dividend income: | 41.81 | 11.56 |
| Net cash (used) in investing activities | (1,943.94) | (2,206.19) |
| C.CASH FLOW FROM FINANCING ACTIVITIES | ||
| Interest paid | (6.05) | (4.89) |
| Dividends paid | (1,737.34) | (1,397.81) |
| Tax on dividend | (353.69) | (284.55) |
| Proceeds from issue of equity share capital (including share premium) | 1.45 | 0.56 |
| Net cash (used) in financing activities | (2,095.63) | (1,686.69) |
| D.INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS (A+B+C) | (11.55) | (43.74) |
| Cash and cash equivalents at the beginning of the year | 26.95 | 70.69 |
| Cash and cash equivalents at the end of the year | 15.40 | 26.95 |
See accompanying notes forming part of the financial statements
1 to 46
In terms of our report attached
For DELOITTE HASKINS & SELLS
Chartered Accountants
Jaideep Bhargava
Partner
Gurugram
May 10, 2017
For and on behalf of the Board of Directors
Pawan Munjal
Chairman, Managing Director & CEO
DIN- 00004223
Pradeep Dinodia
Chairman- Audit Committee
DIN- 00027995
New Delhi
May 10, 2017
Niranjan Kumar Gupta
Chief Financial Officer
Neerja Sharma
Company Secretary
Download Annual Report 2017
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