|
| Cash flow Statement for the year
ended 31st March, 2005. |
| |
|
|
|
|
(Rs.000
omitted) |
| A. |
Cash Flow from Operating
Activities |
|
2004-05 |
|
2003-04 |
| |
|
|
|
|
|
| (I) |
Net Profit after Tax |
|
14,101,201 |
|
11,086,904 |
| |
Add provision for Tax
(Net of deferred Tax)
|
|
4,946,200 |
|
6,599,930 |
| |
Profit Before Taxes |
(i) |
19,047,401 |
|
17,686,834 |
| |
|
|
|
|
|
| (II) |
Adjustment for : |
|
|
|
|
| |
Depreciation Charges (Gross) |
|
1,918,205 |
|
1,899,910 |
| |
Less : Amount
drawn from
Revaluation
Reserve |
|
-85,449 |
|
(85,450) |
| |
Provision for NPAs, Floating Provision
towards NPAs |
|
2,358,500 |
|
14,008,165 |
| |
Provision on Standard & Restructured
Assets |
|
1,967,200 |
|
1,672,357 |
| |
Other Provisions(net) |
|
3,856,000 |
|
589,347 |
| |
Share Issue Expenses |
|
283,097 |
|
0 |
| |
Depreciation/(Release) on Investments (
net) |
|
220,400 |
|
(356,505) |
| |
Dividend from subsidiary/ others(Investing
Activity) |
|
-202,717 |
|
(303,000) |
| |
Interest on Subordinate debts (Financing
Activity) |
|
2,271,997 |
|
1,951,876 |
| |
Amortisation Expenses
/ Deferred Revenue
Expenses |
|
1,150,357 |
|
1,140,745 |
| |
Profit / Loss on sale of Fixed Assets(net) |
|
-6,239 |
|
(2,440) |
| |
|
(ii) |
13,731,351 |
|
20,515,005 |
| |
|
|
|
|
|
| |
Operating Profit before Changes in Operating
Assets and Liabilities |
(i+ii) |
32,778,752 |
|
38,201,839 |
| |
|
|
|
|
|
| |
Adjustment for net change in Operating
Assets and Liabilities |
|
|
|
|
| |
Decrease/ (Increase) in Investments |
|
-84,602,867 |
|
(80,597,891) |
| |
Decrease/ (Increase)
in Advances
|
|
-135,667,617 |
|
(76,045,973) |
| |
Increase/ (Decrease) in Deposits |
|
152,504,911 |
|
121,028,985 |
| |
Increase / (Decrease) in Borrowings |
|
14,292,321 |
|
6,268,940 |
| |
Decrease / (Increase) in Other Assets |
|
-11,347,654 |
|
(612,968) |
| |
Decrease in Other Liabilities & Provisions |
|
36,238,959 |
|
6,884,724 |
| |
|
(iii) |
-28,581,947 |
|
-23,074,183 |
| |
Cash
generated from Operations |
(i+ii+iii) |
4,196,805 |
|
15,127,656 |
| |
Tax
Paid (net of refund
) |
|
6,538,514 |
|
-9,834,718 |
| |
Net Cash from Operating Activities |
(A) |
10,735,319 |
|
5,292,938 |
| |
|
|
|
|
|
| B. |
Cash Flow from Investing Activities |
|
|
|
|
| |
Investments
in Subsidiary Companies/JV/RRBs
|
|
-1,090,914 |
|
0 |
| |
Purchase
of Fixed Assets (net
of Sales) |
|
-2,565,826 |
|
(2,048,882) |
| |
Dividends
received from subsidiaries/JV/RRBs |
|
202,717 |
|
303,000 |
| |
Loss
of Subsidiary merged
with the Bank |
|
-44,227 |
|
(16,134) |
| |
|
|
|
|
|
| |
Net Cash used in investing Activities |
(B) |
-3,498,250 |
|
-1,762,016 |
| |
|
|
|
|
|
| C. |
Cash Flow from Financing Activities |
|
|
|
|
| |
Proceeds
from Shares Issue
(Net of Refund) |
|
5,000,000 |
|
0 |
| |
Share
Premium |
|
19,000,000 |
|
0 |
| |
Share Issue Expenses |
|
-283,097 |
|
0 |
| |
Subordinate Bonds Issued |
|
-150,000 |
|
7,650,000 |
| |
Interest
paid on Subordinate
Debts |
|
-2,271,997 |
|
-1,951,876 |
| |
Payments
of Dividends /Corporate
Tax on Dividend |
|
-1,346,826 |
|
(1,795,769) |
| |
|
|
|
|
|
|
Net Cash from Financing
Activities |
(C) |
15,448,080 |
|
3,902,355 |
| |
|
|
|
|
|
| D |
Net Change in Cash and Cash Equivalents |
(A+B+C) |
22,685,149 |
|
7,433,277 |
| |
|
|
|
|
|
| |
Cash and Cash Equivalents
at the beginning of
the year |
|
88,205,142 |
|
80,771,865 |
| |
Cash and Cash Equivalents
at the end of the
year |
|
110,890,291 |
|
88,205,142 |
| |
|
|
_________
22,685,149
_________ |
|
_________
7,433,277
_________ |
| |
|
|
|
|
|
| |
Notes: |
|
|
|
|
| 1 |
All
figures in brackets
are outflow. |
| 2 |
Direct taxes paid (net of refund) are treated
as arising from operating
activities and are
not bifurcated between
investing & financing
activities. |
|
|
|
|
