Amal Ltd 2011-12

29 Cash Flow Statement for the year ended March 31, 2012 (contd.) ( ` in ‘000) Particulars 2011-12 2010-11 (C) CASH FLOW FROM FINANCING ACTIVITIES Interest paid (47) (536) Increase in borrowings (net) - 27,324 Net cash (used in) | flow from financing activities C (47) 26,788 Net change in cash & cash equivalents (A+B+C) (303) (2,145) Cash & Cash equivalents (Opening Balance) 363 2,508 Cash & Cash equivalents (Closing Balance) 60 363 (303) (2,145) Notes to the Cash Flow Statement for the year ended March 31, 2012 1 The Cash Flow Statement has been prepared under the 'Indirect Method' set out in AS - 3 'Cash flow statement' referred to in The Companies Accounting Standard Rules, 2006. 2 Cash and Cash equivalents represent cash and bank balances only. 3 Previous year’s figures have been regrouped wherever necessary to conform to this year’s classification. As per our attached report of even date For and on behalf of the Board of Directors For Haribhakti & Co Chartered Accountants Naresh C Singhal T R Gopi Kannan Sunil S Lalbhai Chairman Sujal A Shah Rakesh Rathi Arvind Chhajer Partner Company Secretary Abhay R Jadeja Vasudev Koppaka Directors Managing Director Place: Mumbai Place: Mumbai Date: May 5, 2012 Date: May 5, 2012