Page 200 - 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 3,855.36 2,768.07
Repayment of borrowings (5,076.78) (4,159.77)
Repayment towards finance lease (net) (19.18) (19.96)
Finance costs paid (324.31) (445.56)
Contribution from non-controlling interests 1.27 0.86
Payment to non-controlling interests (188.51) (178.46)
Bank balances in dividend and restricted account (1.13) (1.06)
Dividends paid including distribution tax (336.18) (305.56)
Net cash used in financing activities (2,089.46) (2,341.44)
Net increase in cash and cash equivalents 2,487.69 207.30
Cash and cash equivalents as at 1 April 1,451.45 1,246.69
Movement in cash and cash equivalents pertaining to discontinued operations (0.96) (0.08)
Exchange difference on translation of foreign currency cash and cash equivalents 7.75 (2.46)
Cash and cash equivalents as at 31 March (note 14) 3,945.93 1,451.45
Footnote:
Reconciliation of borrowings ` in crore
Particulars Year ended Year ended
31 March, 2018 31 March, 2017
Non-current borrowings (note 18) 5,394.02 4,361.02
Current borrowings (note 18) 140.21 721.08
Current maturities of non-current borrowings (note19) 568.57 1,966.22
Current maturities of finance lease obligation (note 19) 5.37 23.54
Borrowings relating to discontinued operations (note 34) 310.08 370.70
Assets/(liabilities) held to hedge non-current borrowings (net) (21.71) (0.89)
6,396.54 7,441.67

Proceeds of borrowings 3,855.36 2,768.07
Repayment of borrowings (5,076.78) (4,159.77)
Repayment towards finance lease (net) (19.18) (19.96)
Realised foreign exchange loss due to financing activities (net) 3.87 69.41
Unrealised foreign exchange gain/(loss) (net) 175.98 (336.66)
Fair value changes (net) (20.82) 58.89
Unamortised finance cost 36.44 31.05
Movement of borrowings (net) (1,045.13) (1,588.97)
Notes forming part of the consolidated financial statements - (note 1-47)
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

198 Annual Report 2017-18