Page 91 - CCL AR 2017 Final

Cash Flow Statement - Direct Method

2017 2016
(Rs. in ‘000)
CASH FLOWS FROM OPERATING ACTIVITIES
Cash receipts from customers 9,568,490 8,561,477
Cash paid to suppliers and employees (8,909,223) (5,639,467)

Cash generated from operations 659,267 2,922,010

Income tax paid (455,537) (615,365)
Long-term loans and security deposits - net 762 (534)
Net cash generated from operating activities 204,492 2,306,111

CASH FLOWS FROM INVESTING ACTIVITIES
Additions to operating property, plant and equipment (1,536,710) (6,112,136)
Additions to intangible assets (10,910) -
Proceeds from disposal of operating property, plant and equipment 66,890 5,702
Investments (made) / redeemed during the year (95,890) 534,544
Dividend received 21,973 14,578
Net cash used in investing activities (1,554,647) (5,557,312)

CASH FLOWS FROM FINANCING ACTIVITIES
Long-term financing - net 877,688 3,859,795
Short-term borrowings - net 1,292,535 120,353
Dividend paid (565,313) (694,097)
Finance costs paid (231,943) (30,202)
Net cash generated from financing activities 1,372,967 3,255,849

Net increase in cash and cash equivalents 22,812 4,648
Cash and cash equivalents as at the beginning of the year 23,002 18,354

Cash and cash equivalents as at the end of the year 45,814 23,002

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Report 2017