Heritage Foods Limited | 30th Annual Report 2021-22

30 th Annual Report 2021-22 Heritage Foods Limited 140 Standalone Cash Flow Statement for the year ended 31 March 2022 (All amounts in ` millions, except share data and where otherwise stated) Particulars For the year ended 31 March 2022 31 March 2021 Cash flow from operating activities Profit before tax 1,352.60 1,961.86 Adjustments: Fair value loss on FVTPL securities - 51.62 Depreciation and amortization expense 499.64 440.54 Impairment losses 4.24 42.67 Provision for doubtful advances - 0.31 Provision for doubtful debts and bad debts written off 61.27 3.75 Advances written off 1.32 0.66 Profit on sale of Property, plant and equipment (“PPE”) (31.21) (17.96) Gain on investments (11.44) (3.50) Provisions no longer required/ credit balances written back (8.35) (16.41) Interest income (2.57) (1.76) Interest expenses 27.21 171.33 Guarantee income (4.25) (3.61) Property, plant and equipment written off 14.35 6.18 Amortisation of government grants (7.36) (0.30) Lease rental income (20.40) (13.55) Operating profits before working capital changes 1,875.05 2,621.83 Movements in working capital: Changes in inventories (72.40) (521.33) Changes in trade receivables (95.70) 61.87 Changes in loans 7.99 (10.49) Changes in other assets (85.64) (1.37) Changes in other financial assets (9.43) 1.15 Changes in trade payables 154.27 (240.75) Changes in provisions 18.10 30.20 Changes in other financial liabilities (49.39) 214.70 Changes in other liabilities 46.46 (0.64) Cash generated from operating activities 1,789.31 2,155.17 Income tax paid, net (351.15) (513.90) Net cash generated from operating activities (A) 1,438.16 1,641.27