Cash Flow Statement

For the year ended 31st March, 2021

(` in crore)

2020-21 2019-20

A. Cash Flow from Operating Activities

Net Profit Before Tax as per Statement of Profit and Loss
55,461 53,606
(After exceptional item and tax thereon)
Adjusted for:
Share of (Profit) / Loss of Associates and Joint Ventures (516) (107)
Premium on Buy back of Debentures 194 60
(Profit) / Loss on Sale / Discard of Property, Plant and Equipment and Other
47 247
Intangible Assets (Net)
Depreciation / Amortisation and Depletion Expense 26,572 22,203
Effect of Exchange Rate Change (1,645) 107
(Profit) / Loss on Divestment of Stake - 11
Net Gain on Financial Assets # (4,964) (2,064)
Exceptional Item / Tax on Exceptional Item (5,642) (948)
Dividend Income (39) (100)
Interest Income # (10,366) (9,548)
Finance Costs # 21,027 21,880
Operating Profit before Working Capital Changes 80,129 85,347
Adjusted for:
Trade and Other Receivables 186 (13,792)
Inventories (7,769) (6,342)
Trade and Other Payables (43,148) 38,050
Cash Generated from Operations 29,398 1,03,263
Taxes Paid (Net) (3,213) (8,386)
Net Cash Flow from Operating Activities * 26,185 94,877

B. 
Cash Flow from Investing Activities
Purchase of Property, Plant and Equipment and Other Intangible Assets (1,05,837) (76,517)
Proceeds from disposal of Property, Plant and Equipment and Other Intangible Assets 2,319 964
Purchase of Other Investments (6,89,866) (11,56,843)
Proceeds from Sale of Financial Assets (including advance received) 6,42,551 11,73,329
Upfront Fibre Payment - (16,439)
Net Cash Flow for Other Financial Assets 773 1,467
Interest Income 8,400 1,441
Dividend Income from Associates 26 18
Dividend Income from Others - 60
Net Cash Flow used in Investing Activities (1,41,634) (72,520)

#
Other than Financial Services Segment.
* Includes amount spent in cash towards Corporate Social Responsibility is ` 1,140 crore (Previous Year ` 1,022 crore).

316 Reliance Industries Limited

 CORPORATE MANAGEMENT GOVERNANCE FINANCIAL NOTICE
OVERVIEW REVIEW STATEMENTS

Consolidated

(` in crore)

2020-21 2019-20

C. 
Cash Flow from Financing Activities
Proceeds from Issue of Equity Share Capital 5 18
Proceeds from Issue of Share Capital to Non-Controlling Interest /
2,00,382 111
Compulsory Convertible Debentures (Net of Dividend Paid)
Net Proceeds from Right Issue 13,210 -
Share Application Money - 1
Payment of Lease Liabilities (1,022) (1,062)
Proceeds from Borrowings – Non-Current 33,211 28,665
Repayment of Borrowings – Non-Current (87,240) (18,179)
Borrowings – Current (Net) (29,681) 25,095
Deferred Payment Liabilities (2) (1,370)
Movement in Deposits (4,700) (2,720)
Dividend Paid (including Dividend Distribution Tax) (3,921) (4,592)
Interest Paid (18,340) (28,508)
Net Cash Flow from / (used in) Financing Activities 1,01,902 (2,541)
Net (Decrease) / Increase in Cash and Cash Equivalents (13,547) 19,816
Opening Balance of Cash and Cash Equivalents 30,920 11,081
Add: Upon addition of Subsidiaries 24 23
Closing Balance of Cash and Cash Equivalents (Refer Note 9) 17,397 30,920

Change in Liability arising from financing activities (` in crore)

Foreign exchange
1st April, 2020 Cash Flow 31st March, 2021
movement / Others

Borrowing – Non-Current (Refer Note 15) 2,42,508 (54,029) 3,251 1,91,730

Borrowing – Current (Refer Note 19) 93,786 (29,681) (4,024) 60,081
Total 3,36,294 (83,710) (773) 2,51,811

(` in crore)

Foreign exchange
1st April, 2019 Cash Flow 31st March, 2020
movement / Others

Borrowing – Non-Current (Refer Note 15) 2,23,069 10,486 8,953 2,42,508

Borrowing – Current (Refer Note 19) 64,436 25,095 4,255 93,786
Total 2,87,505 35,581 13,208 3,36,294

As per our Report of even date For and on behalf of the Board

For D T S & Associates LLP For S R B C & CO LLP Alok Agarwal M.D. Ambani Chairman and Managing Director
Chartered Accountants Chartered Accountants Chief Financial Officer
(Registration No. (Registration No. N.R. Meswani
142412W/ W100595) 324982E/E300003) H.R. Meswani
Srikanth Venkatachari Executive Directors
P.M.S. Prasad
Joint Chief Financial Officer
P.K. Kapil

T P Ostwal Vikas Kumar Pansari K. Sethuraman Nita M. Ambani

Partner Partner Company Secretary Y.P. Trivedi
Membership No. 030848 Membership No. 093649 Prof. Dipak C. Jain
Savithri Parekh Dr. R.A. Mashelkar
Non-Executive Directors
Date: April 30, 2021 Joint Company Secretary Adil Zainulbhai
Raminder Singh Gujral
Dr. Shumeet Banerji
Arundhati Bhattacharya
K.V. Chowdary

Integrated Annual Report 2020-21 317