Consolidated STRATEGIC REVIEW STATUTORY REPORT FINANCIAL STATEMENTS 243 HERITAGE FOODS LTD | 32ND ANNUAL REPORT 2023-24 Consolidated Statement of Cash Flow for the year ended 31 March 2024 (All amounts in ₹ millions, except share data and where otherwise stated) For the year ended 31 March 2024 31 March 2023 Cash flow from operating activities Profit before tax from continuing operations 1,450.87 817.43 Adjustments: Depreciation and amortization expense 608.19 561.47 Impairment losses 6.68 2.08 Provision for doubtful advances - 0.80 Share of loss of an associate and a joint venture 65.43 85.23 Provision for doubtful debts and bad debts written off 9.86 6.25 Guarantee income (2.20) (2.20) Amortisation of government grants (6.74) (6.73) Property, plant and equipment written off 13.16 4.62 Gain on sale of Property, plant and equipment ("PPE") (26.64) (23.37) Provisions no longer required/credit balances written back (14.20) (21.00) Gain on investments (37.61) (26.22) Interest income (4.71) (3.96) Interest expenses 84.69 32.19 Advances written off 0.96 0.72 Dividend income (0.01) (0.01) Lease rental income (11.67) (21.19) Operating profits before working capital changes 2,136.06 1,406.11 Changes in inventories 1,170.32 (1,731.06) Changes in trade receivables (16.86) (101.51) Changes in loans 0.07 0.58 Changes in other assets (2.54) 7.84 Changes in other financial assets (22.43) (18.06) Changes in trade payables 679.34 (127.16) Changes in provisions 48.03 18.83 Changes in other financial liabilities 260.05 57.51 Changes in other liabilities 25.19 110.24 Cash generated from / (used in) operating activities 4,277.23 (376.68) Income tax paid, net (378.48) (228.37) Net cash generated from / (used in) operating activities of continuing operations 3,898.75 (605.05) Net cash used in operating activities of discontinued operations Net cash generated from / (used in) operating activities (A) 3,898.75 (605.05) Cash flows from investing activities Purchase of PPE and other intangible assets including CWIP and intangible assets under development (1,272.77) (833.53) Proceeds from sale of PPE 39.38 42.64 Consideration paid towards Business combination - (27.11) Investment in a joint venture (97.50) (55.00) Purchase of investments (2,460.00) (2,540.00) Proceeds from sale of investments 1,275.78 2,566.22 Interest received 4.59 4.29 Movement in other bank balances, net (20.15) (4.42) Rent received 12.93 20.66 Dividend received 0.01 0.01
RkJQdWJsaXNoZXIy NTE5NzY=