Page 146 - Tata_Chemicals_yearly-reports-2017-18

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` in crore
Particulars Year ended Year ended
31 March, 2018 31 March, 2017
C Cash flows from financing activities
Proceeds from borrowings 878.24 2,623.47
Repayment of borrowings (1,872.96) (3,763.19)
Repayment towards finance lease (net) (17.40) (20.19)
Finance costs paid (153.54) (269.46)
Bank balances in dividend and restricted account (0.93) (0.94)
Dividends paid including distribution tax (328.94) (300.72)
Net cash used in financing activities (1,495.53) (1,731.03)
Net increase in cash and cash equivalents 2,206.87 510.74
Cash and cash equivalents as at 1 April 1,097.38 586.72
Movement in cash and cash equivalents pertaining to discontinued operations (0.96) (0.08)
Cash and cash equivalents as at 31 March (note 13) 3,303.29 1,097.38
Footnote:
Reconciliation of borrowings
Particulars Year ended Year ended
31 March, 2018 31 March, 2017
Non-current borrowings (note 16) 681.07 1,087.93
Current borrowings (note 16) 0.61 522.50
Current maturities of non-current borrowings (note17) 410.23 406.81
Current maturities of finance lease obligation (note 17) 5.22 23.38
Borrowings relating to discontinued operations (note 31) 310.08 370.70
Assets/(liabilities) held to hedge non-current borrowings (net) (12.88) (5.35)
1,394.33 2,405.97
Proceeds of borrowings 878.24 2,623.47
Repayment of borrowings (1,872.96) (3,763.19)
Repayment towards finance lease (net) (17.40) (20.19)
Realised foreign exchange loss due to financing activities (net) 3.87 69.41
Fair value changes (net) (7.53) 96.70
Unrealised foreign exchange gain/(loss) (net) 4.14 (21.90)
Movement of borrowings (net) (1,011.64) (1,015.70)
Notes forming part of the financial statements - (note 1-42)
As per our report of even date attached For and on behalf of the Board
For B S R & Co. LLP Bhaskar Bhat Director
Chartered Accountants Nasser Munjee Director
Firm’s Registration No: 101248W/W - 100022 Dr. Y. S. P. Thorat Director
Vibha Paul Rishi Director
S. Padmanabhan Director
Padmini Khare Kaicker Director
Vijay Mathur John Mulhall Chief Financial Officer R. Mukundan Managing Director and CEO
Partner Rajiv Chandan General Counsel & Zarir Langrana Executive Director
Membership No. 046476 Company Secretary
Mumbai, 18 May, 2018

144 Annual Report 2017-18