Jalib Industries Ltd's statement of cash flows for the year ended 31 December 2015 shows:
- Net cash from operating activities was negative Rs. 51.40 million, with cash generated from operations of Rs. 173.90 million offset by payments of finance charges, dividends, gratuity, and taxes.
- Net cash from investing activities was negative Rs. 46.60 million, with purchases of property, plant and equipment and capital work in progress exceeding proceeds from sale of fixed assets.
- Net cash from financing activities was positive Rs. 107 million, with proceeds from issue of share capital exceeding repayment of long-term loans.
- Overall, there was a net increase in cash and cash equivalents
Jalib Industries Ltd's statement of cash flows for the year ended 31 December 2015 shows:
- Net cash from operating activities was negative Rs. 51.40 million, with cash generated from operations of Rs. 173.90 million offset by payments of finance charges, dividends, gratuity, and taxes.
- Net cash from investing activities was negative Rs. 46.60 million, with purchases of property, plant and equipment and capital work in progress exceeding proceeds from sale of fixed assets.
- Net cash from financing activities was positive Rs. 107 million, with proceeds from issue of share capital exceeding repayment of long-term loans.
- Overall, there was a net increase in cash and cash equivalents
Jalib Industries Ltd's statement of cash flows for the year ended 31 December 2015 shows:
- Net cash from operating activities was negative Rs. 51.40 million, with cash generated from operations of Rs. 173.90 million offset by payments of finance charges, dividends, gratuity, and taxes.
- Net cash from investing activities was negative Rs. 46.60 million, with purchases of property, plant and equipment and capital work in progress exceeding proceeds from sale of fixed assets.
- Net cash from financing activities was positive Rs. 107 million, with proceeds from issue of share capital exceeding repayment of long-term loans.
- Overall, there was a net increase in cash and cash equivalents
31st December 2015 Cash flow from Operating Activities All figures in Rs. in million Profit before tax 191.40 Adjustments for: Depreciation Adj. (iii) 27.70 (Gain)/ loss on sale of fixed assets 4.60 Gratuity expense Adj. (vi) 15.50 Finance charges 10.50 Operating cash flow before working capital changes 249.70 Adjustment for working capital changes (Increase)/decrease in current assets (Increase)/decrease in inventories (80.80) (Increase)/decrease in trade receivables (3.80) (Increase)/decrease in advances and other rec. (W-12) 6.00 Increase/(Decrease) in current liabilities Increase/(decrease) in Creditors, accrued and other liabilities (W-11) 2.80 Working capital changes (75.80) Cash generated from operations 173.90 Less: Finance charges paid (W-2) (11.50) Dividend paid (W-13) (103.40) Gratuity paid (W-4) (4.40) Income tax paid (W-5) (106.00) Net cash from investing activities (A) (51.40)
Cash flow from Investing Activities
Purchase of Property, plant and equipment (W-6) (29.50) Additions in Capital work in progress (W-7) (27.50) Sale proceeds from disposal of fixed assets 10.40 Net cash from investing activities (B) (46.60) Cash flow from Financing Activities Proceeds from issue of share capital ((W-9) 96 + (W-10) 33) 129.00 Long term loan repaid (W-14) (22.00) Net cash from financial activities (C) 107.00 Net increase in cash and cash equivalents (A+B+C) 9.00 Add:Cash and cash equivalents at beginning of period (W-1) 3.00 Cash and cash equivalents at end of period (W-1) 12.00
(W-1) Cash and cash equivalents 2015 2014
Cash and Bank 12.00 3.00 12.00 3.00 (W-2) Finance charges Cash (Bal.) 11.50 b/d 6.00 c/d 5.00 P and L 10.50 (W-4) Gratuity expense Cash (Bal.) 4.40 b/d 27.50 c/d 38.60 P and L 15.50 (W-5) Income tax expense b/d 2.20 P and L 106.80 Cash (Bal.) 106.00 c/d 1.40 (W-6) Plant and machinery book value b/d 100.60 Depreciation 27.70 CWIP 42.00 Disposal- Book Value 15.00 Cash (Bal.) 29.50 c/d 129.40 (W-7) Capital work in progress b/d 37.00 Property plant and equipment 42.00 Cash (Bal.) 27.50 c/d 22.50 (W-8) Disposal account Asset- Book Value 15.00 Cash 10.40 P/L 4.60 (W-9) Share capital b/d 300.00 c/d 396.00 Cash (Bal.) 96.00 (W-10) Share premium b/d 12.00 c/d 45.00 Cash (Bal.) 33.00 (W-11) 2015 2014 Creditors, accrued and other liabilities 36.20 34.40 Less: Accrued interest (5.00) (6.00) 31.20 28.40
(W-12) 2015 2014
Advances and other receivables 35.20 42.00 Less: Advance tax (1.40) (2.20) 33.80 39.80