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

370 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS 45. Discontinued operations (contd.) Rupees crores Particulars 2021 Profit / (loss) after tax from discontinued operation after non-controlling interests ........................................................ (1,534.92) Earnings per equity share (for discontinued operations) ...................................................................................................... Basic EPS ...................................................................................................................................................................................... (13.84) Diluted EPS . ................................................................................................................................................................................ (13.77) Based on the management judgement and best estimate assumptions of the realisable value of the assets of SYMC, the Company has recognised impairment / provision aggregating to Rs. 671.56 crores during the year ended 31 st March, 2021 for its exposures to SYMC. b) Cash flows from discontinued operations Rupees crores Particulars 2021 Cash flows generated/(used in) from operating activities . .................................................................................................... 1,245.30 Cash flows generated/(used in) from investing activities ....................................................................................................... 652.05 Cash flows generated/(used in) from financing activities ...................................................................................................... (1,037.07) Net Cash flows generated/(used) .............................................................................................................................................. 860.28 During the year ended 31 st March 2022, the company has settled the guarantees amounting to Rs. 462.28 crores . c) Computation of gain on deconsolidation of Ssangyong Motor Company Rupees crores Particulars 2021 Fair value of consideration received and retained interest. ................................................................................................... — Net liabilities deconsolidated..................................................................................................................................................... 850.86 Other comprehensive income reclassified to Profit or loss..................................................................................................... 212.06 Total gain on deconsolidation . .................................................................................................................................................. 1,062.92 d) Effect of deconsolidation on balance sheet of the Group Rupees crores Particulars 2021 Property, plant and equipment (including right-of-use assets and capital work-in-progress)............................................. 6,393.38 Other intangible assets (including intangible assets under development)............................................................................ 808.01 Inventories. .................................................................................................................................................................................. 1,333.62 Cash and cash equivalents.......................................................................................................................................................... 1,252.79 Other financial and non-financial assets................................................................................................................................... 1,550.11 Other financial and non-financial liabilities............................................................................................................................. (12,188.77) Net assets/(liabilities) deconsolidated ....................................................................................................................................... (850.86) e) Impact of deconsolidation on cash and cash equivalents Rupees crores Particulars 2021 Cash consideration received on loss of control ....................................................................................................................... — Cash and cash equivalents of discontinued operation derecognised on loss of control . ................................................... (1,252.79) Net cash flow on loss of control .............................................................................................................................................. (1,252.79)