Page 102 - Tata_Chemicals_yearly-reports-2020-2021

Integrated Annual Report 2020-21

ii. Inventories ` in crore Borrowings decreased mainly due to repayment of lease
FY FY % liabilities and cash and cash equivalent have been used in
Particulars Change
2020-21 2019-20 Change investing and financing activities.
Inventories 522 701 (179) (26)
vi. Trade payables, Other financial liabilities, other
Inventories are lower primarily due to tighter control on working liabilities, provisions, current tax liabilities (net) and
capital. deferred tax liabilities (net)
` in crore
iii. Trade Receivables ` in crore Particulars FY FY Change %
FY FY % 2020-21 2019-20 Change
Particulars Change
2020-21 2019-20 Change Trade payables 482 575 (93) (16)
Trade Receivables 145 140 5 4 Other financial
liabilities 170 187 (17) (9)
There is no significant change during the year.
Other liabilities 58 57 1 2
Provisions 356 363 (7) (2)
iv. Loans, other financial assets, advance tax assets (net) Current tax
and other assets liabilities (net) 135 166 (31) (19)
` in crore Deferred tax
FY FY %
Particulars Change liabilities (net) 202 60 142 237
2020-21 2019-20 Change Total 1,403 1,408 (5) -
Loans 1 1 - -
Other financial Increase in deferred tax liabilities (net) is mainly due to increase
assets 119 138 (19) (14) in fair value of non-current investments. Decrease in trade
Advance tax assets payable is mainly due to regular payment as per terms of the
(net) 575 589 (14) (2) business.
Other assets 415 328 87 27
Total 1,110 1,056 54 5 (c) Standalone Cash flow analysis ` in crore
Particulars FY FY
Decrease in other financial assets is mainly due to realisation of 2020-21 2019-20
subsidy receivable and lower exposure on derivatives. Increase Cash from operating activities 672 427
in Other assets is mainly due to higher advances given for capital Cash from investing activities (403) (293)
goods procurement. Cash from financing activities (291) (1,101)

Net cash flow from operating activities: Higher operating cash
v. Cash & Cash Equivalent (net) ` in crore
FY FY % flows in FY 2020-21 as against FY 2019-20 is mainly on account
Particulars Change of favourable change in working capital despite lower operating
2020-21 2019-20 Change income.
Cash and cash
equivalent Net cash flow from investing activities: Higher investing cash
(including Bank outflows in FY 2020-21 as against FY 2019-20 is mainly on account
balances) 685 880 (195) (22) of purchase of property, plant and equipment (including capital
Borrowings work-in-progress) and on account of purchase of non-current
Non-current investments.
borrowings (5) (10) 5 50 Net cash flow from financing activities: Higher cash outflow in
Current maturities FY 2019-20 was mainly on account of repayment of borrowings.
of non-current
borrowings and (d) Details of significant changes in key Standalone
finance lease Financial ratios:
obligations (4) (4) - - 1. Interest coverage ratio of the Company has improved to
Total Borrowings (9) (14) 5 36 33.8 times (FY 2019-20: 20.2 times) due to lower finance cost
Cash and cash on account of repayment of borrowings during the previous
equivalent (Net) 676 866 (190) (22) year.

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