Reliance Industries Limited

170 Annual Report 2013-14 Growth is Life...

Reliance Industries Limited

Cash Flow Statement for the year 20​13-14
(` in crore)

2013-14 2012-13

A: CASH FLOW FROM OPERATING ACTIVITIES:

Net Profit before tax as per Statement of Profit and Loss 27,818 26,284
Adjusted for:
Net Prior Year Adjustments - 3
Write off of investment 25 -
Loss on Sale / Discard of Assets (net) 44 34
Depreciation and Amortisation Expense 8,789 9,465
Effect of Exchange Rate Change 2,739 1,039
Net gain on Sale of Investments (2,348) (1,658)
Dividend Income (91) (77)
Interest Income (6,472) (6,245)
Finance Costs 3,206 3,036
5,892 5,597
Operating Profit before Working Capital Changes 33,710 31,881
Adjusted for:
Trade and Other Receivables 413 5,594
Inventories (203) (6,086)
Trade and Other Payables 14,305 6,274
14,515 5,782
Cash Generated from Operations 48,225 37,663
Net Prior Year Adjustments - (3)
Taxes Paid (net) (6,065) (4,665)
Net Cash from Operating Activities 42,160 32,995
B: CASH FLOW FROM INVESTING ACTIVITIES:
Purchase of Fixed Assets (32,456) (15,944)
Sale of Fixed Assets 57 33
Purchase of Investments (7,78,343) (4,79,071)
Sale / Redemption of Investments 7,47,111 4,81,203
Movement in Loans and Advances (3,911) (7,546)
Investment in fixed deposits (3,400) -
Interest Income 6,838 6,451
Dividend Income 91 77
Net Cash (used in) Investing Activities (64,013) (14,797)
02-33 34-164 165-270 271-284
Company Overview Statutory Reports Financial Statements Shareholders' Referencer 171

Cash Flow Statement for the year 2013-14 (Continued)

(` in crore)

2013-14 2012-13

C: CASH FLOW FROM FINANCING ACTIVITIES:

Proceeds from Issue of Share Capital 183 12
Share Application Money 17 25
Buyback of Equity Shares - (3,087)
Proceeds from Long Term Borrowings 20,500 10,262
Repayment of Long Term Borrowings (19,672) (10,306)
Short Term Borrowings (net) 11,648 1,274
Dividends Paid (including dividend distribution tax) (3,093) (2,924)
Interest Paid (4,053) (3,505)
Net Cash Generated from / (used in) Financing Activities 5,530 (8,249)
Net (Decrease)/ Increase in Cash and Cash Equivalents (16,323) 9,949
Opening Balance of Cash and Cash Equivalents 49,547 39,598
Add: On Amalgamation ` NIL (Previous Year - -
` 16,96,263) (Refer Note No. 33)
Closing Balance of Cash and Cash Equivalents 33,224 49,547
(Refer Note No. 15)

As per our Report of even date For and on behalf of the Board

M.D. Ambani - Chairman & Managing Director

For Chaturvedi & Shah For Deloitte Haskins & Sells LLP For Rajendra & Co. N.R. Meswani
Chartered Accountants Chartered Accountants Chartered Accountants H.R. Meswani
P.M.S. Prasad Executive Directors
P. K. Kapil
M.L. Bhakta
D. Chaturvedi A. B. Jani A.R. Shah Y.P. Trivedi
Partner Partner Partner Dr. D.V. Kapur
M.P. Modi
Prof. Ashok Misra Directors
Prof. Dipak C. Jain
Mumbai Alok Agarwal K. Sethuraman Dr. R.A. Mashelkar
Date : April 18, 2014 Chief Financial Officer Company Secretary Adil Zainulbhai