MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2021-22

223 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2021-22 Rupees crores 2022 2021 [Refer note 44 (B)] C. CASH FLOW FROM FINANCING ACTIVITIES: Proceeds from borrowings. ................................................................................................................................... 966.61 9,230.97 Repayment of borrowings . .................................................................................................................................. (2,233.75) (4,958.71) Repayment of lease liabilities (including interest) ............................................................................................. (49.68) (60.73) Dividends paid ...................................................................................................................................................... (1,089.06) (293.60) Interest, commitment and finance charges paid................................................................................................. (479.31) (403.78) NET CASH FLOW FROM / (USED IN) FINANCING ACTIVITIES (C) ...................................................................... (2,885.19) 3,514.15 NET DECREASE IN CASH AND CASH EQUIVALENTS (A+B+C) . .......................................................................... (150.39) (1,428.16) Cash and cash equivalents at the beginning of the year .................................................................................. 867.54 2,323.51 Acquisitions through business combinations [Refer note 44 (B)] ..................................................................... — (0.55) Deletion on account of transfer of business [Refer Note 44 (C)] ..................................................................... — (27.16) Unrealised gain / (loss) on foreign currency cash and cash equivalents .......................................................... 0.07 (0.10) Cash and cash equivalents at the end of the year [Refer Note 14 (a)] .......................................................... 717.22 867.54 Note: 1 T he 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 46 are an integral part of the Financial Statements. Cash Flow Statement (contd.) Vikram Singh Mehta Vishakha N. Desai T. N. Manoharan Haigreve Khaitan Shikha Sharma Nisaba Godrej Muthiah Murugappan Vijay Kumar 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, 28 th May, 2022 Anand G. Mahindra Chairman Anish Shah Managing Director and CEO Rajesh Jejurikar Executive Director (Automotive and Farm Sectors) Manoj Bhat Group Chief Financial Officer Narayan Shankar Company Secretary Mumbai, 28 th May, 2022 For Mahindra & Mahindra Limited