Page 231 - Tata_Chemicals_yearly-reports-2020-2021

Integrated Report Statutory Reports Financial Statements
1-59 60-146 Consolidated

Consolidated Statement of Cash Flows for the year ended March 31, 2021

` in crore
Year ended Year ended
March 31, 2021 March 31, 2020
A Cash flows from operating activities
Profit before tax from continuing operations 633.99 1,248.06
Profit before tax from discontinued operations - 6,159.42
633.99 7,407.48
Adjustments for :
Depreciation and amortisation expense 759.32 666.47
Provision for exceptional items (note 36) - 92.07
Finance costs 367.37 341.91
Interest income (56.25) (59.81)
Dividend income (20.12) (27.31)
Gain on demerger of discontinued operation (net) (note 36) - (6,220.15)
Share of profit of joint ventures (25.62) (27.49)
Net gain on sale of current investments (61.00) (128.70)
Provision for employee benefits expense 80.15 32.92
Provision for doubtful debts and advances/bad debts written off (net) 8.29 21.24
Provision for contingencies (net) 105.21 154.25
Liabilities no longer required written back (10.69) (18.18)
Foreign exchange loss (net) 23.88 22.25
Loss/(Profit) on assets sold or discarded (net) 5.79 (15.06)
Operating profit before working capital changes 1,810.32 2,241.89
Adjustments for :
Trade receivables, loans, other financial assets and other assets 116.25 (190.96)
Inventories 182.60 (275.01)
Trade payables, other financial liabilities and other liabilities 24.46 151.96
Cash generated from operations 2,133.63 1,927.88
Taxes paid (net of refund) (96.33) (147.79)
Net cash generated from operating activities 2,037.30 1,780.09
B Cash flows from investing activities
Acquisition of property, plant and equipment (including capital work-in-progress, intangible (1,241.93) (1,199.42)
assets and intangible assets under development)
Proceeds from sale of property, plant and equipment 8.45 29.93
Proceeds from sale of current investments 4,023.73 8,875.68
Purchase of non-current investments (198.90) -
Purchase of current investments (3,925.01) (8,085.67)
Bank balances not considered as cash and cash equivalents 101.47 (759.59)
Payment on sale of discontinued operations (net) (note 36) - (8.00)
Acquisition of non-controlling interests by the group - (1,382.12)
Interest received 55.22 60.13
Dividend received 46.66 100.83
Net cash used in investing activities (1,130.31) (2,368.23)

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