TATA STEEL BALANCE SHEET {as at March 31, 2022 (een lnsrnatouropor atches Foranden bast be tardat once Frenagimaronhcnr DsenE 09 Saar Mec” apse epraace apne harp ac a ww. we #. w Pa Fv Pre ‘cshame Hunterdon Rohit Petia Kannan Sebestp amber 250 rear Dicce {Ekirogng Groce” chiefnancnoscr eh tega ora Seciaaee Gresser” ccna recon urbe, Mey. 202 292 Integrated Report & Annual Accounts 2021-22 | 115" Yearstatutory | Financial formance Ao Sateboides abe {mY Srapshot™” Tate! Leaders Strategy and Mateslty Gaon Reports” | Statements TANTEI STATEMENT OF PROFIT AND LOSS. for the year ended March 31,2022 co) wan pam) ewended ] __Yewrended ochsiaee2 | Mano 209" T Berens fem epee ae 12902135 saa iT Otherincere 86 "asa 75537 ilTotaincome caer? oo IW Expenses: in) Con of rata comme BEE BST (@) PurcasesofRockinwade 40880 Tata (@_Change in iverlanis of hed nd an nied ponds ocrnade dwaiepagRan 838 wasn 2.7658 (G]_Enploe benef rpene sr 630580 Sisto ie) Panes ome 3057 279108 asniar i Deprecaton and aoriaton pene 337 Sasi 56836 (Gotha expe ase eases niaeaor as0536 waar aad ate ha red Santo pl ad ar acon 245800 Tage “etl apenas wexe7a7 areas {Pro before ezeponl Rens anda) 2610 ‘78056 ‘VE Exceptinatems zw Ga Potion) on le of narcarent ean a or {E1_Provison or ipa ives dou RaRHTOAD ‘aan 874 iG Emp sparion companion coo) 5) (a) Resructring ndtherpovons ‘onan (el Gails on no-sense a Tough pet and a a en waa ‘Total exceptional items s.a5) 7130 ‘ir Prot before ton Vo esos Tasos Mil Tor expense: (aarti Waa Taam (B) Defere ae a2) 286165 “otal taxoxpense 133147 Prof or he year EV Bate Taars7 X_Other comprehensive incomes 7A) Rem that willnet be recited rabrequentyto prot andlont La Rereasueet gals en post-employment dened beef Bans a roy (e)_Foer changes famesimertsin guy srs waa ans {W_ncam taxon Res tha wi not be recs ubquen fo poRFanaTon om waar (Hem that willbe recrsed subsequent prot andlon ia|_Farvt hanger of ah Rewhedges 157 ae {nce taxon Rens that wile recs os ea¥er own 650) Total ether comprehensive ncomelon forthe year a0 mat Total comprehensive incmelon) forth year 2X wa70608 Trae 2 Esmings er share ua ae) eH 15 ied coy eee 2 Notes toring par ofthe franca statements T= SR ET Ty ae Se Sata” acs ct “. “ “ a ‘stame Saab arent “tend ouhikchtene Fahne anda rp Narber 04190 Seer Drasar'” — Skongng acer” sthttmastoner ecole vents ‘oncazeconns OWN a7T44SSe ‘bin: o3083605 ‘pew 00008889 | {expos Acompone manta 222 293TATA STEEL STATEMENT OF CASH FLOWS for the year ended March 31, 2022, (er) Year ended March, 2021 (8) Gash flows from operating activities: Profit before tax 16,609.84 ‘Adjustments for Depreciation and amortisation expense 546369 546826 Dividend income (24392) (eat) {Gain/oss onsale of property plant and equipment including tanglble assets] (17.28) (2288) {et of loss on assets scrappediwriten off) ‘ceptional (ncomel/expenses 2355 wa30) (Gainfoss on cancellation of forwards, swaps and options (39.05) 272 Interestincome and income from current investments and guarantees 12557) 3913) Finance costs 279208 454102 Foreign exchange (gainiioss (351.60) (2033) ‘Other non-cash tems 225 (389) 621605 361736 ‘Operating profit before changes in nen-current/current assets and labiliies 50,306.70 27,227.20 ‘Adjustments fo: ‘Non-curenteurent fnandaland other assets a.11944) o778) Inventories 07278) 2,664.03 ‘Non-curent/current franca and other labiiies/provisions nana? 831357 291965 1969982 ‘Gath generated from operations 35,226.35 37,927.02 Income taxes paid net of refund) (1.24023), (37225) [Net cash fromi/usedin) operating activities 41,986.12 37,554.77 Cash flows from investing activities Purchase of capital assets (6288.25) (226622) Sale of capital assets 132.61 3625 Purchase of investments in subsidiaries (12.897.00) wa707, Purchase af other nan-current Investments (65.38) (64a) Sale of investments in subsidiaries - 21.06 Sale of ether non-current investments 999 - ‘@urchase/sale of cunent Investments (aed 718331 (8.63050) ‘Loans given (23,10483), (6.12874) Repayment ofloans given 48374 728.94 Principal receipts under sublease 143 280 Fixed/restrcted deposits with banks (paced) realised (21.60) 17370 Interest and guarantee commission received 1442 26086 ‘Dividend received from subsidiaries 113.89 2520 Dividend received from associates and joint ventures 109.68 23.43 Dividend received from others 2039 19.48 [Net eash fromv/(used in) Investing activities (34,167.79) 3,665.23) 296 Integrated Report & Annual Accounts 2021-22 |115" Yearformance Ao Stators vane story | Financ {aT Shape” TaaStee!—Leadeip Strategy and Matesalty —Crealon Report” | Stuements TATA STATEMENT OF CASH FLOWS (CONTD.) forthe year ended March 31,2022 cor) Year ended anh 2021 (©) Gash flows from financing activities Proceeds rom ssue of equity shares net oflssue expenses) aT 3a01 Proceeds fom long-term borrowings (ne asve expenses) 3688 9771319 Repayment oflong tem borowings (03807 027568) Proceedslirepayments of shor em borowings (et) 75421 (@447.0) Payment of ese obligations (283.03) (48839) “Amount receivedipai) on utsation/cancellation of derivatives nn 335 Repayment of brid perpetual secures Tis00, Ts00.01 Distribution on hybrid perpetual secures 439) (29525) Interest paid (2868.17 ean.t0) Dividend paid (2,007.08 (4592) Net cash fromi(usedin) financing ectiviies (7368.05) (25,385.49) Net incresse/decrease) in cash and cash equivalents 450.28 50406 ‘Opening cash and cash equivalent refer note 14, page 336) Banat a717.25 Closing cash and cash equivalents (refer note 14, page 336) 267159 2131 (0 Signfcant non-ash movements borrowings ring the yea inclu: (0) amortsation/lfective interest rate agjustments of upon fees €138.99 crore {2020:21:8172.44 crore). (0) exchange loss £137.10 crore (2020-21: gan 125.16 0% {adjustments to lease obligations, increase £196.68 crore (20202 ncrease £12601 crore (0) Notes forming part ofthe financial statements Note 1-52 Smngsmnaissoncctoe Sarma" Metta” pectic Suara agen ce rence Nation ‘shame “Saba tge ‘Tterendan Sauk Prthewamaniadham fre Migantoe Aimar"! Gltreutreoscr Seeememieces Eeapnysanesy onsen an meer Se eis’ oom Sega mob a2 297