Page 187 - Annual Report 2019-20

CONSOLIDATED STATEMENT OF CASH FLOWS CONSOLIDATED STATEMENT OF CASH FLOWS 185
for the year ended 31 March 2020 for the year ended 31 March 2020
st
st
( in crores) ( in crores)
For the year ended For the year ended For the year ended For the year ended
31 March 2020 31 March 2019 31 March 2020 31 March 2019
st
st
st
st
A Cash Flows From Operating Activities C Cash Flows from Financing Activities PIDILITE ANNUAL REPORT 2019-20
Profit before tax 1,469.77 1,341.62 Proceeds from issue of Equity Instruments of the Company 0.01 0.01
Adjustments for: Payment of Lease Liabilities (34.02) -
Share of profit from Associate (3.03) (3.60) net increase/ (decrease) in Current Borrowings 10.77 (10.22)
Finance costs recognised in Statement of Profit and Loss 33.60 26.07
net increase in non-Current Borrowings 22.03 1.07
Interest income recognised in Statement of Profit and Loss (12.46) (20.60)
Proceeds from Share Capital issued to Minority 2.75 28.71
Dividend income recognised in Statement of Profit and Loss (11.59) (10.02)
Dividend paid on Equity Shares (including tax thereon) (825.36) (363.45)
Dividend from Associate 2.16 2.43 Interest paid (25.39) (16.68)
Exceptional Item - Impairment in value of Assets and 55.19 18.02
Investments Net cash used in Financing Activities [C] (849.21) (360.56)
(Profit)/ Loss on disposal of Property, Plant and Equipment (2.67) 1.71 Net increase/ (decrease) in Cash and Cash Equivalents 533.28 (28.92)
[A+B+C]
net gain arising on financial assets designated at FVTPL (109.79) (88.09)
Cash and Cash Equivalents at the beginning of the year 72.94 102.14
Allowance for Doubtful Debts 8.45 9.78 (refer note 15)
Depreciation, Amortisation and Impairment Expense 169.92 132.74 Bank unrealised gain 0.33 0.05
unrealised Foreign Exchange loss (net) 6.90 6.26 Cash and Cash Equivalents at the beginning of the year 73.27 102.19
Provision for Employee Benefits (10.12) 5.91 Cash and Cash Equivalents at the end of the year 606.37 72.94
Provision/ Write back of Warranties and Others 5.31 0.28 (refer note 15)
Expense recognised in respect of Equity-Settled 14.44 10.64 Bank unrealised Gain 0.18 0.33
Share-Based Payments Cash and Cash Equivalents at the end of the year 606.55 73.27
Operating Profits before Working Capital changes 1,616.08 1,433.15
Net increase/ (decrease) in Cash and Cash Equivalents 533.28 (28.92)
Movements in Working Capital:
Notes:
(Increase)/ Decrease in Operating Assets a) The above Cash Flow Statement has been prepared under the ‘Indirect Method’ as set out in the Indian Accounting
Trade Receivables (37.58) (127.02) Standard (Ind AS 7) - Statement of Cash Flows.
Inventories 0.02 (135.56) b) Reconciliation between the opening and closing balances in the Balance Sheet for liabilities arising from
financing activities:
non-Current Loans (1.03) 2.85
Current Loans (5.26) (0.27) ( in crores)
non-Current Financial Assets (1.34) (3.94) Particulars As at Cash Non-Cash As at
st
st
Other Current Financial Assets (32.57) (6.05) 31 March Flows Changes 31 March
2019 2020
Other non-Current non Financial Assets 2.65 (3.02) Current/
Non-Current
Other Current non Financial Assets (34.15) 12.13 Classification
(Decrease)/ Increase in Operating Liabilities
Borrowings - non-Current 8.51 16.62 - 25.13
Trade Payables 41.70 30.70
(7.11) (1.40) (-) (8.51)
Other Current Financial Liabilities 166.92 50.07
Other non-Current Financial Liabilities (75.61) (9.45) Borrowings - Current 47.37 10.77 - 58.14
(57.59) ((10.22)) (-) (47.37)
Other Current non Financial Liabilities 32.79 10.46
Cash generated from Operations 1,672.62 1,254.05 Other Financial Liabilities
- Current portion of non-Current Borrowings 1.69 5.41 - 7.10
Taxes paid (net of refunds) (393.07) (409.27)
Net Cash generated from Operating Activities [A] 1,279.55 844.78 (2.02) ((0.33)) (-) (1.69)

B Cash Flows from Investing Activities (467.13) (262.52) In terms of our report attached FOR AND ON BEHALF OF THE BOARD OF DIRECTORS
PIDILITE ANNUAL REPORT 2019-20 Proceeds from disposal of Property, Plant and Equipment & (1,438.73) (2,310.50) N. K. JAIN PRADIP KUMAR MENON Executive Chairman
Payments for purchase of Property, Plant and Equipment,
For DELOITTE HASKINS & SELLS LLP
Other Intangible Assets & Capital Work-In-Progress
Chartered Accountants
23.20
8.77
Other Intangible Assets
M B PAREKH
BHARAT PURI
Payments to purchase Investments
Managing Director
Partner
DIn: 02173566
DIn: 00180955

1,910.03
2,078.81
Proceeds on sale of Investments
PUNEET BANSAL
Decrease/ (Increase) in Bank Deposits
(53.14)
53.03
Chief Financial Officer
Company Secretary
6.08
(Increase)/ Decrease in Other Bank Balances
(1.51)
Place: Mumbai
9.34
Date: 17 June 2020
th
th
Dividend received
11.59
184 Interest received 12.46 102.94 10.02 (513.14) Place: Mumbai Date: 17 June 2020
Net cash generated from/ (used in) Investing Activities [B]