Heritage Foods Limited | 30th Annual Report 2021-22

Financial Statements Company Overview Statutory Reports 191 Particulars For the year ended 31 March 2022 31 March 2021 Net cash generated from investing activities of discontinued operations - - Net cash generated from/ (used in) investing activities (B) (424.45) 688.28 Cash flows from financing activities Proceeds from long term borrowings - 282.52 Repayment of long term borrowings (505.96) (1,848.27) Interest paid (30.92) (187.68) Lease rentals paid (41.68) (43.49) Movement in minority interest, net - (0.17) Dividend paid (347.99) (116.00) Net cash used in financing activities of continuing operations (926.55) (1,913.09) Net cash generated from financing activities of discontinued operations - - Net cash used in financing activities (C) (926.55) (1,913.09) Net increase/ (decrease) in cash and cash equivalents during the year (A + B + C) 128.18 514.43 Cash and cash equivalents at the beginning of the year 202.93 (311.50) Cash and cash equivalents at the end of the year 331.11 202.93 Note 1: Cash and cash equivalents include: - Included in cash and cash equivalents and current borrowings Cash on hand 25.81 33.05 Balances with banks in current accounts 305.30 169.64 Deposits with original maturity up to 3 months - 14.45 Loans repayable on demand from banks - (19.36) 331.11 197.78 - Included in the assets of the disposal group (refer note 47) - 5.15 331.11 202.93 Consolidated Cash Flow Statement for the year ended 31 March 2022 (All amounts in ` millions, except share data and where otherwise stated) 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 Firm’s Registration No: 001076N/N500013 N Bhuvaneswari N Brahmani M Sambasiva Rao Vice Chairperson and Executive Director President Managing Director DIN: 02338940 DIN: 00003741 Sanjay Kumar Jain Srideep Madhavan Nair Kesavan A Prabhakara Naidu Umakanta Barik Partner Chief Executive Officer Chief Financial Officer Company Secretary & Membership No: 207660 M.No.FCA 200974 Compliance Officer M.No. FCS 6317 Place : Hyderabad Place : Hyderabad Date : 27 May 2022 Date : 27 May 2022 Consolidated