Amal Ltd 2019-20

Amal Ltd | Annual Report 2019-2020 ( ` lakhs ) Particulars 2019-20 2018-19 B CASH FLOW FROM INVESTING ACTIVITIES Payments towards property, plant and equipment (including capital advances) (112.36) (310.81) Proceeds from disposal of property, plant and equipment 72.98 0.84 Purchase of current investments measured at FVPL (net ) (536.95) (527.51) Income from investments in mutual funds measured at FVPL 18.63 28.10 Dividend income 90.07 20.30 Interest received on financial assets measured at amortised cost 2.23 3.48 Net cash used in investing activities B (465.40) (785.60) C CASH FLOW FROM FINANCING ACTIVITIES Disbursements | (Repayments) of borrowings (943.47) (400.00) Net cash used in financing activities C (943.47) (400.00) Net increase | (decrease) in cash and cash equivalents A+B+C 41.11 (306.29) Cash and cash equivalents at the beginning of the year 11.01 317.30 Cash and cash equivalents at the end of the year 52.12 11.01 i) The above Statement of Cash Flows has been prepared under the ‘Indirect Method’ as set out in the Ind AS 7 on Statement of Cash Flows as notified under Companies (Indian Accounting Standards) Rules, 2015, as amended. ii) Cash flows from operating activities include ` 24.08 lakhs (March 31, 2019: ` 18.32 lakhs) being expenses towards Corporate Social Responsibility initiatives. iii) Refer Note 11 (viii) for a reconciliation of changes in liabilities arising from financing activities. iv) Cash flow includes non-cash item, reinstatement of creditors, written down pursuant to the sanctioned Scheme by BIFR ` 58.04 lakhs. The accompanying Notes 1-26 form an integral part of the Financial Statements Statement of Cash Flows for the year ended March 31, 2020 (Continued) In terms of our report attached For and on behalf of the Board of Directors For Deloitte Haskins & Sells LLP Chartered Accountants S S Lalbhai Chairman Samir R. Shah Y S Vyas R Kumar Partner Chief Financial Officer Managing Director Mumbai A T Mankodi Atul April 23, 2020 Company Secretary April 23, 2020