NESTL INDIA LIMITED

CASH FLOW STATEMENT

FOR THE YEAR ENDED DECEMBER 31, 2014

CASH FLOW FROM OPERATING ACTIVITIES

Net profit before tax

Adjustments for:
Exceptional items
Other income considered separately
Unrealised exchange differences
Deficit/ (Surplus) on fixed assets sold/scrapped/written off (n
Depreciation
Finance costs
Impairment loss on fixed assets
Operating profit before working capital changes
Adjustments for:
Decrease/(increase) in trade receivables
Decrease/(increase) in loans & advances and other assets
Decrease/(increase) in inventories
Increase/(decrease) in trade payables and other liabilities (
overdraft)
Increase/(decrease) in book overdraft
Increase/(decrease) in provision for contingencies
Increase/(decrease) in provision for employee benefits
Adjustment for book overdraft in 2013 towards subscription
tax free long term bonds allotted subsequently in 2014 considered under
Cash flow from investing activities
Cash generated from operations
Direct taxes paid
Net cash from operating activities
B

CASH FLOW FROM INVESTING ACTIVITIES

Purchase of fixed assets

Accumulated exchange losses on External Commercial Borr
treated as addition to capital expenditure
Sale of fixed assets
Purchase of tax free long term bonds
Subscription money for tax free bonds allotted subsequently
Adjustment for book overdraft in 2013 paid subsequently in 2014 towards
subscription money for tax free long term bonds allotted in 2
Net cash used in tax free long term bonds
Purchase of other non-current investments
Decrease/(increase) in loans & advances to employees
Dividend received on mutual funds, current - non trade inve
Profit on sale of mutual funds, current - non trade investmen
Interest received on bank deposits, investments, tax free lo

and loans etc.

Net cash used in investing activities

40

NESTL INDIA LIMITED

2014
(` in millions)
C CASH FLOW FROM FINANCING ACTIVITIES
Repayment of External Commercial Borrowings (ECB)

(9,244.40)

Proceeds/ (repayments) of other short borrowings - net

41.0

Increase in deferred VAT liabilities under state government

Finance costs

131.2
(154.50)

Dividends

(6,074.20)

Dividend distribution tax

(1,055.40)

Capital subsidy
Net cash used in financing activities
NET INCREASE IN CASH AND CASH EQUIVALENTS (A+

3.5
(16,352.80)
(4,229.60)

Cash and bank balances

7,391.10

Current investments

6,269.60

Cash and cash equivalents as at opening

13,660.70

Cash and bank balances

4,357.50

Current investments

5,073.60

Cash and cash equivalents as at closing

9,431.10

NET INCREASE/ (DECREASE) IN CASH AND CASH EQU

(4,229.60)

2014
(` in millions)

2013
(` in millions)

17,743.50

16,780.20

(70.00)

(138.10)

(873.20)

(830.90)

39.7

(6.30)

74.5

(12.10)

3,375.40

3,299.50

142.3

365.1

81.1

99.4

20,513.30

19,556.80

(142.80)

32.9

336.7

(483.90)

(1,081.70)

96.5

1,180.0

1,282.60

(738.30)

738.3

613.8

620.5

1,361.20

1,266.30

288.8

(288.80)

y in 2014 considered under

22,331.0

22,821.20

(5,890.80)

(4,857.20)

16,440.20

17,964.0

(1,894.40)

(3,448.90)

(2,251.40) -

101.6

166.6

(761.90)

(975.10)

(788.80)

bsequently in 2014 towards

(288.80)

288.8

(1,050.70)

(1,475.10)

(41.50)

(477.30)

55.3

27.5

103.7

107.3

1.6 658.8

690.5

(4,317.00)

2013
(` in millions

(2.30)
23.4
(363.70)
(4,676.20)
(785.40)
3.0
(5,801.20)
7,753.40
2,258.70
3,648.60
5,907.30
7,391.10
6,269.60
13,660.70
7,753.40

(4,409.40)

Cash Flow of Nestle India

Dec '14

Dec '13

Dec '12

Dec '11

Dec '10

12 mths

12 mths

12 mths

12 mths

12 mths

INR in Crore
Net Profit Before Tax

1774.35

1678.02

1552.62

1387.92

1145.11

Net Cash From Operating Activities

1644.02

1796.4

1693.38

1158.17

1036.82

-431.7

-440.94

-940.83

-1528.47

-445.89

-1635.28

-580.12

-513.16

323.19

-543.81

Net (decrease)/increase In Cash and

Cash Equivalents

-422.96

775.34

239.39

-47.11

47.13

Opening Cash & Cash Equivalents

1366.07

590.73

351.34

398.45

358.84

943.11

1366.07

590.73

351.34

405.97

Net Cash (used in)/from investing Activities

Net Cash (used in)/from Financing Activities

Closing Cash & Cash Equivalents