185 HERITAGE FOODS LTD | 32ND ANNUAL REPORT 2023-24 Standalone STRATEGIC REVIEW STATUTORY REPORT FINANCIAL STATEMENTS For the year ended 31 March 2024 31 March 2023 Cash flow from investing activities Purchase of PPE and other intangible assets, including CWIP and intangible assets under development (1,267.38) (830.70) Proceeds from sale of PPE 39.13 42.14 Consideration paid towards Business combination - (27.11) Investment in a joint venture (97.50) (55.00) Purchase of investments (2,300.00) (2,500.00) Proceeds from sale of investments 1,205.47 2,525.94 Interest received 3.29 2.68 Movement in other bank balances, net (20.63) (4.43) Rent received 13.68 21.70 Dividend income received 0.01 0.01 Net cash used in investing activities (B) (2,423.93) (824.77) Cash flow from financing activities Proceeds from long-term borrowings 908.00 - Proceeds from rights issue - 231.99 Payment in relation to rights issue - (9.79) Repayments of long-term borrowings (25.39) (16.37) Proceeds from / (Repayment of) short term borrowings, net (1,243.58) 1,243.58 Interest paid (81.02) (25.09) Lease rentals paid (34.51) (36.84) Dividend paid (231.99) (116.00) Net cash generated from / (used in) financing activities (C) (708.49) 1,271.48 Net Change in cash and cash equivalents during the year (A + B + C) 617.32 (161.56) Cash and cash equivalents at the beginning of the year 163.20 324.76 Cash and cash equivalents at the end of the year (Note 1) 780.52 163.20 Note 1: Cash and cash equivalents include: Cash on hand 1.46 2.32 Balances with banks in current accounts 779.06 160.88 780.52 163.20 This is the Standalone Statement of Cash Flow referred to in our report of even date. Standalone Statement of Cash Flow for the year ended 31 March 2024 (All amounts in ₹ millions, except share data and where otherwise stated) 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 : 29 May 2024 Date : 29 May 2024
RkJQdWJsaXNoZXIy NTE5NzY=