Page 232 - Tata_Chemicals_yearly-reports-2020-2021

Integrated Annual Report 2020-21

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

` in crore
Year ended Year ended
March 31, 2021 March 31, 2020
C Cash flows from financing activities
Proceeds from borrowings 4,239.29 2,951.73
Repayment of borrowings (4,873.41) (2,129.23)
Repayment towards lease liabilities (105.70) (87.39)
Finance costs paid (345.87) (308.96)
Payment of Dividend to non-controlling interests (91.72) (171.18)
Bank balances in dividend and restricted account 2.12 (1.86)
Dividends paid including distribution tax (280.36) (382.37)
Net cash used in financing activities (1,455.65) (129.26)
Net decrease in cash and cash equivalents (548.66) (717.40)
Cash and cash equivalents as at April 1 1,254.26 1,888.38
Exchange difference on translation of foreign currency cash and cash equivalents (16.26) 83.28
Cash and cash equivalents as at March 31 (note 15) 689.34 1,254.26
Footnote:
Reconciliation of borrowings and lease liabilities ` in crore
Year ended Year ended
March 31, 2021 March 31, 2020
Non-current borrowings (note 19) 5,199.48 3,473.36
Non-current lease liabilities (note 39) 188.60 188.00
Current borrowings (note 19) 277.58 1,912.94
Current maturities of non-current borrowings (note 20) 1,174.89 2,040.65
Current maturities of lease liabilities (note 20 and 39) 91.98 87.42
Liabilities held to hedge non-current borrowings (net) (note 42) 62.81 96.84
6,995.34 7,799.21
Proceeds from borrowings 4,239.29 2,951.73
Repayment of borrowings of continuing operations (4,873.41) (2,129.23)
Repayment towards lease liabilities (105.70) (87.39)
Transition impact of Ind AS 116 - 298.31
Addition to lease liabilities pertaining to Right-of-use assets 110.10 32.27
Realised foreign exchange loss due to financing activities (net) - (48.92)
Unrealised foreign exchange (loss)/gain (net) (85.05) 522.74
Derecognition of lease (2.73) -
Fair value changes (net) (34.03) 117.21
Unamortised finance cost (52.34) 19.43
Movement of borrowings and lease liabilities (net) (803.87) 1,676.15
The Statement of Cash Flow is prepared using indirect method as prescribed under Ind AS 7.
Notes forming part of the Consolidated Financial Statements 1-49

As per our report of even date attached For and on behalf of the Board
For B S R & Co. LLP N. Chandrasekaran Chairman
Chartered Accountants (DIN: 00121863) Director
Padmini Khare Kaicker
Firm's Registration No: 101248W/W - 100022 (DIN: 00296388)
R. Mukundan Managing Director and CEO
Vijay Mathur (DIN: 00778253)
Partner Nandakumar S. Tirumalai Chief Financial Officer
Membership No. 046476 (ICAI M. No.: 203896) General Counsel & Company Secretary
Rajiv Chandan
Mumbai, May 3, 2021 (ICSI M. No.: FCS 4312)

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