Page 12 - BALANCE SHEET MGT_001(1)

MGI MOTORS PRIVATE LIMITED

Cash Flows Statement for the ended 31st March 2020
Particulars for the year ended 3lst march 2O2O tor the year ended 31st Merch ZOlg
I ? t t
Cesl Aow mm ffn.ncint artluitlcs
lC.
Proceeds lrom rssue ol equrty ghares
I 1,53,7E,340.00
apphatlon mon€y reehred / (refunrted)
lShare
Proreedr from long-term borowingr 3,s0,000 00
I r5,33,926 93
n"paV.ent ot lont.rerm borrowings (1,11,71,693 46) (75,23,750.00)
I
lNet increare / (dpcreas€l in working capital borrowrngs
4,41,01. r30.62 6,57,12,756 19
Procpedi from other lhort term borrowtngs
Repaymenl ol olher thort term borrowrngs
Finance cost (8,21,67,@1.121 { 5.56,11,708.00)
Dividends paid
Tax on dividend
--l (4,88,87,6s3 96) 1.84.89,575 1?
Cash flow from extraordinary ilems

Net cash flow from / (ured ln) financing activities (C) (4,88,87,6s3.961 1,84,89,575. r2

tlet increase / {decrease} ln Cash and cash equivalents (4,14,29,890.26) 4,24,r0,:t48.80
(A+8+C)
Ca5h and cash equivalents at the tleginning of the year 10,35,11,345.03 6.11,00.996 23

Effect of exchange differences on restatement of foreign
curency Cash and cash equivalents
Cash and crsh equivalenB at the €nd of the year 6,2O,8L,454.77 10,35,1r,345.03
Notes:
(i) rhe Cash Flow Statement reflects the combined cash flows pertaining to continuinB and discounting operarions
(ii) Thete earmarked account balances with banks can be utilised only for the specific identitied purposes
I

ln t€rm' of our report of even date attached For and on behalf of the Eoard of Dtif.Blt.
Ivlotors Prrt Ltd.
For KUNjAS| & CO
M.G.T. Motors R/t Ltd.
4u
Chartered Accountants
,F
Director
Kulwant Singh Cheema Amardeep Sinth Cheema
Director Direfior
Kshetrimayum Xuniabi Singh N DrN @073167 DtN 00073138
Partner
Membership no 015593 30O1r5E
Date: 26.{18.2020
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