annual-report-FY2020

241 MAHINDRA & MAHINDRA LTD. INTEGRATED ANNUAL REPORT 2019-20 Rupees crores 2020 2019 C. CASH FLOW FROM FINANCING ACTIVITIES: Proceeds from borrowings.................................................................................................................................... 1,312.42 1,048.28 Repayment of borrowings and lease liabilities................................................................................................... (983.53) (1,420.81) Dividends paid (including tax thereon)................................................................................................................ (1,187.37) (1,011.74) Interest, commitment and finance charges paid................................................................................................. (156.98) (170.95) NET CASH FLOW FROM FINANCING ACTIVITIES (C) ............................................................................................ (1,015.46) (1,555.22) NET INCREASE IN CASH AND CASH EQUIVALENTS (A+B+C) .............................................................................. 86.65 819.94 Cash and cash equivalents at the beginning of the year .................................................................................. 2,237.58 1,417.95 Unrealised loss on foreign currency cash and cash equivalents........................................................................ (0.72) (0.31) Cash and cash equivalents at the end of the year ............................................................................................ 2,323.51 2,237.58 Note: The above Cash Flow Statement has been prepared under the “indirect method” as set out in ‘Indian Accounting Standard (Ind AS) 7 – Statement of Cash Flows’. The accompanying notes 1 to 41 are an integral part of the Financial Statements. Cash Flow Statement (contd.) Nadir B. Godrej M. M. Murugappan Dr. Vishakha N. Desai Vikram Singh Mehta T. N. Manoharan Vijay Kumar Sharma Haigreve Khaitan Shikha Sharma CP Gurnani } Directors In terms of our report attached. For B S R & Co. LLP Chartered Accountants Firm’s Registration No : 101248W/W-100022 Jamil Khatri Partner Membership No : 102527 Mumbai, 12 th June, 2020 Anand G. Mahindra Executive Chairman Dr. Pawan Goenka Managing Director and CEO Dr. Anish Shah Deputy Managing Director and Group CFO Rajesh Jejurikar Executive Director (Auto and Farm Sectors) Narayan Shankar Company Secretary Mumbai, 12 th June, 2020