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95
Annual Report 2011-12
94 Kajaria Ceramics Limited
Notes on Accounts
OTHER NOTES ON ACCOUNTS
(CONTD...)
B. The following transactions were carried out with related parties in the ordinary course of business :-
Related Party Transactions
Key Management
Others
Personnel & Relatives
Purchase of Goods & Services
–
11.29
(–)
(10.15)
Purchase of Fixed Assets
–
5.41
(–)
(–)
Rent Paid
–
8.16
(–)
(3.71)
Remuneration
56.08
–
(33.91)
(–)
Sale of Shares
–
14.70
(–)
(–)
Donation Paid
–
3.08
(–)
(–)
(Figures in brackets are for previous year)
(
`
in million)
C. Outstanding balance and balance written off/written back:
As at
As at
As at
As at
31.03.2012 31.03.2011 31.03.2012 31.03.2011
Key Management Personnel
–
–
–
–
Others
–
–
–
–
37. Segmental Reporting:
The business activity of the Company falls within one broad business segment viz “Ceramic Tiles” and substantially sale
of the product is within the country. The Gross income and profit from the other segment is below the norms prescribed
in AS-17 of The Institute of Chartered Accountants of India. Hence the disclosure requirement of Accounting Standard 17
of “Segment Reporting” issued by the Institute of Chartered Accountants of India is not considered applicable.
38. Earnings per share (EPS) – The numerators and denominators used to calculate Basic and Diluted Earning per share:
39.
Previous year figures have been regrouped / recast wherever necessary.
Year ended
Year ended
31.03.2012
31.03.2011
Profit attributable to the Equity Shareholders – (A) (
`
in Millions)
808.83
606.20
Basic /Weighted average number of Equity Shares outstanding during the year (B)
73,583,580
73,583,580
Nominal value of Equity Shares (
`
)
2.00
2.00
Basic/Diluted Earnings per share (
`
) – (A)/(B)
10.99
8.24
Signature to the schedule 1 to 39
In terms of our report of even date Annexed
For and on behalf of the Board
For
O. P. Bagla & Co.
D. P. Bagchi
Chartered Accountants
R. K. Bhargava
R. R. Bagri
Atul Bagla
Ashok Kajaria
H. Ratnakar Hegde
R. C. Rawat
Partner
Chairman & Managing Director
Directors
Sr. Vice President (A & T) &
Membership No.: 91885
Company Secretary
Chetan Kajaria
Place: New Delhi
Rishi Kajaria
Dated: 27 April 2012
Jt. Managing Directors
(
`
in million)
Consolidated Cash Flow Statement
For the year ended 31st March 2012
In terms of our report of even date Annexed
For and on behalf of the Board
For
O. P. Bagla & Co.
D. P. Bagchi
Chartered Accountants
R. K. Bhargava
R. R. Bagri
Atul Bagla
Ashok Kajaria
H. Ratnakar Hegde
R. C. Rawat
Partner
Chairman & Managing Director
Directors
Sr. Vice President (A & T) &
Membership No.: 91885
Company Secretary
Chetan Kajaria
Place: New Delhi
Rishi Kajaria
Dated: 27 April 2012
Jt. Managing Directors
(
`
in million)
31.03.2012
31.03.2011
A. CASH FLOW FROM OPERATING ACTIVITIES
Net Profit before tax and extraordinary items
1,199.04
892.22
Adjusted for :
Depreciation
392.58
296.80
Preliminary Expenses W/off
–
–
Investments Written Off
–
–
Interest Received
(4.86)
–
Interest Paid
383.74
289.58
Profit on sale of Investment
(0.12)
–
Dividend Received
–
–
Loss on sale of Fixed Assets
14.91
786.25
15.98
602.35
Operating Profit before Working Capital Changes
1,985.29
1,494.57
Adjusted for :
Trade & Other Receivables
(385.34)
(101.47)
Inventories
(318.36)
(110.78)
Trade Payable
348.23
(355.46)
914.89
702.63
Cash Generated from Operations
1,629.83
2,197.20
Interest Paid
(383.74)
(289.58)
Direct Taxes Paid
(337.32)
(210.30)
Cash Flow before Extraordinary Items
–
–
Extraordinary items
–
(721.06)
(103.37)
(603.24)
Net Cash from operating activities
908.77
1,593.96
B. CASH FLOW FROM INVESTING ACTIVITIES
Purchase of Fixed Assets
(751.23)
(1,668.03)
Sale of Fixed Assets
26.51
2.26
Acquisitions of Companies
–
–
Purchase of Investments
–
–
Sale of Investments
33.25
–
Interest Received
4.86
–
Dividend Received
–
–
Net Cash used in Investing Activities
(686.62)
(1,665.77)
C. CASH FLOW FROM FINANCING ACTIVITIES
Proceeds from Issue of Share Capital
–
–
Proceeds from Long Term Borrowings
–
139.17
Proceeds from Short Term Borrowings
76.45
–
Repayment of Borrowings
(99.61)
–
Redemption of Preference Shares
–
–
Dividend and Dividend Tax Paid
(171.04)
(85.80)
Net Cash used in Financing Activities
–
(194.20)
–
53.36
Net increase in Cash and Cash Equivalents
27.95
(18.44)
Cash and Cash Equivalents as on 1.4.2011
34.14
52.58
Cash and Cash Equivalents as on 31.3.2012
62.09
34.14