Heritage Foods Limited

FINANCIAL STATEMENTS Consolidated 29 th Annual Report 2020-21 | 219 Cash Flow Statement for the year ended 31 March 2021 (All amounts in ₹ millions, except share data and where otherwise stated) Particulars For the year ended 31 March 2021 31 March 2020 Net cash generated from/ ( used in ) investing activities ( B ) 688.03 ( 970.59 ) Cash fl ows from fi nancing activities Proceeds from long term borrowings 282.52 533.57 Repayment of long term borrowings (1,848.27) (385.29) Interest paid (187.68) (216.91) Lease rentals paid (43.49) (31.79) Movement in minority interest, net (0.17) (4.66) Dividend paid including dividend distribution tax (116.00) (111.88) Net cash used in fi nancing activities of continuing operations ( 1,913.09 ) ( 216.96 ) Net cash generated from fi nancing activities of discontinued operations - - Net cash used in fi nancing activities ( C ) ( 1,913.09 ) ( 216.96 ) Net increase/ ( decrease ) in cash and cash equivalents during the year ( A + B + C ) 514.43 ( 20.43 ) Cash and cash equivalents at the beginning of the year (311.50) (291.07) Cash and cash equivalents at the end of the year 202.93 ( 311.50 ) Note 1: Cash and cash equivalents include: - Included in cash and cash equivalents and current borrowings Cash on hand (refer note 15(i)) 33.05 35.91 Balances with banks in current accounts (refer note 15(i)) 169.64 508.43 Deposits with original maturity up to 3 months (refer note 15(i)) 14.45 14.00 Loans repayable on demand from banks (refer note 19) (19.36) (884.41) 197.78 ( 326.07 ) - Included in the assets of the disposal group ( refer note 47 ) 5.15 14.57 202.93 ( 311.50 ) This is the Consolidated Cash Flow Statement referred to in our report of even date. For Walker Chandiok & Co LLP For and on behalf of Board of Directors of Chartered Accountants Heritage Foods Limited FRN No: 001076N/N500013 Sanjay Kumar Jain N. Bhuvaneswari N Brahmani Partner Vice Chairperson & Managing Director Executive Director M.No. 207660 DIN : 00003741 DIN : 02338940 M Sambasiva Rao A Prabhakara Naidu Umakanta Barik President Chief Financial O ffi cer Company Secretary & M.No. FCA 200974 Compliance O ffi cer Place : Hyderabad Place : Hyderabad M.No. FCS 6317 Date : 19 May 2021 Date : 19 May 2021