| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Flare Finance India Limited |
|
Particulars |
2021 |
2020 |
|
(1) ASSETS |
|
|
|
Non-current assets |
|
|
|
(a) Property, Plant and Equipment |
3,237 |
3,237 |
|
(b) Financial Assets |
|
|
|
(i) Investments |
17,343,550 |
17,343,550 |
|
(ii) Loans & Advances |
33,460,171 |
35,945,171 |
|
(2) Current assets |
|
|
|
(a) Financial Assets |
|
|
|
(i) Trade receivables |
4,301,608 |
4,301,608 |
|
(ii) Cash and cash equivalents |
365,577 |
275,235 |
|
(iii) Loans & Advances |
155,213,307 |
158,544,916 |
|
(c) Other current assets |
450,722 |
355,936 |
|
Total Assets |
211,138,173 |
216,769,653 |
|
EQUITY AND LIABILITIES |
|
|
|
Equity |
|
|
|
(a) Equity Share capital |
185,350,350 |
185,350,350 |
|
(b) Other Equity |
1,040,534 |
1,102,111 |
|
LIABILITIES |
|
|
|
Non-current liabilities |
|
|
|
(a) Deferred tax liabilities (Net) |
7,323 |
7,323 |
|
Current liabilities |
|
|
|
(a) Financial Liabilities |
|
|
|
(i) Borrowings |
13,636,535 |
19,046,535 |
|
(ii) Trade payables |
2,527,895 |
2,527,895 |
|
(b) Other current liabilities |
8,491,084 |
8,650,987 |
|
(c) Tax Liabilities (Net) |
84,452 |
84,452 |
|
Total Equity and Liabilities |
211,138,173 |
216,769,653 |
|
Particulars |
2021 |
2020 |
|
Revenue From Operations |
1,183,059 |
1,464,367 |
|
Other Income |
- |
1,905 |
|
Total Income |
1,183,059 |
1,466,272 |
|
EXPENSES |
|
|
|
Employee benefits expense |
586,300 |
814,047 |
|
Finance costs |
1,418 |
- |
|
Depreciation and amortization expense |
- |
872 |
|
Other expenses |
656,917 |
418,854 |
|
Total expenses |
1,244,635 |
1,233,773 |
|
Profit/(loss) before exceptional items and tax |
-61,576 |
232,499 |
|
Profit/(loss) before tax |
-61,576 |
232,499 |
|
Tax expense: |
|
|
|
(1) Current tax |
- |
59,282 |
|
(2) Deferred tax |
- |
-705 |
|
(3) Income tax Adjustment |
- |
6,961 |
|
Profit (Loss) for the period from continuing operations |
-61,576 |
166,962 |
|
Total Comprehensive Income for the period (Comprising Profit (Loss) and Other Comprehensive Income for the period |
-61,576 |
166,962 |
|
Earnings per equity share (Face Value of Rs. 10/- each) |
|
|
|
(1) Basic |
-0.003 |
0.009 |
|
(2) Diluted |
-0.003 |
0.009 |
|
Particulars |
2021 |
2020 |
|
(A)CASH FLOW FROM OPERATING ACTIVITIES: |
|
|
|
Net profit before tax |
-61,576 |
232,499 |
|
Adjustment for: |
|
|
|
Add: Depreciation & Amortization Expenses |
- |
872 |
|
Operating Profit before Working capital changes |
-61,576 |
233,371 |
|
Working Capital Changes: |
|
|
|
Decrease (Increase) in Trade & Other Receivables |
- |
1,090,000 |
|
Decrease (Increase) in Other Current Assets |
-94,786 |
90,211 |
|
Increase (Decrease) in Other Current Liabilities |
-159,903 |
146,900 |
|
Net Changes in Working Capital |
-254,689 |
1,327,111 |
|
Cash Generated from Operations |
-316,265 |
1,560,482 |
|
Adjustment of Taxes |
- |
109,643 |
|
Net Cash Flow from Operating Activities (A) |
-316,265 |
1,450,839 |
|
(B.) CASH FLOW FROM INVESTING ACTIVITIES : |
|
|
|
Non Current Financial Assets |
|
|
|
(Increase) Decrease in Loans & Advances |
2,485,000 |
- |
|
Current Financial Assets |
|
|
|
(Increase) Decrease in Loans & Advances |
3,331,609 |
-1,294,431 |
|
Net Cash Flow from Investing Activities (B) |
5,816,609 |
-1,294,431 |
|
(C.) CASH FLOW FROM FINANCING ACTIVITIES : |
|
|
|
Current Financial Assets |
|
|
|
Increase / (Decrease) in Borrowings |
-5,410,000 |
- |
|
Net Cash Flow from Financing Activities (C) |
-5,410,000 |
- |
|
Net Increase / (Decrease) in Cash & Cash Equivalents ( A-B+C ) |
90,344 |
156,408 |
|
Cash and cash equivalents at the beginning of the year / Period |
275,235 |
118,826 |
|
Cash and cash equivalents at the end of the year/ Period |
365,577 |
275,235 |
Certainly, here is a summary of the Cash Flow Statement for the years 2021 and 2020:
A. Cash Flow from Operating Activities:
1. Net Profit before Tax: -61,576 Rs
This represents the profit generated by the company before accounting for taxes.
2. Adjustment for Depreciation & Amortization Expenses:
Depreciation and amortization expenses are added back to the net profit. These are non-cash expenses representing the reduction in value of assets over time.
3. Operating Profit before Working Capital Changes: -61,576 Rs
This is the profit generated from the core operations of the business before considering changes in working capital.
4. Working Capital Changes:
Decrease (Increase) in Trade & Other Receivables:
Indicates a decrease (or increase) in the amounts owed to the company from customers.
Decrease (Increase) in Other Current Assets: -94,786 Rs
Represents changes in other short-term assets.
Increase (Decrease) in Other Current Liabilities: -159,903 Rs
Reflects changes in short-term liabilities.
5. Net Changes in Working Capital: -254,689 Rs
Sum of changes in trade receivables, other current assets, and other current liabilities.
6. Cash Generated from Operations: -316,265 Rs
Operating profit adjusted for changes in working capital.
7. Adjustment of Taxes:
Adjustment for taxes, which are added back to the cash flow.
8. Net Cash Flow from Operating Activities: -316,265 Rs
Sum of cash generated from operations and tax adjustments.
B. Cash Flow from Investing Activities:
1. Non-Current Financial Assets:
(Increase) Decrease in Loans & Advances: 2,485,000 Rs
Indicates changes in non-current financial assets.
2. Current Financial Assets:
(Increase) Decrease in Loans & Advances: 3,331,609 Rs
Represents changes in current financial assets.
3. Net Cash Flow from Investing Activities: 5,816,609 Rs
Sum of changes in non-current and current financial assets.
C. Cash Flow from Financing Activities:
1. Current Financial Assets:
Increase / (Decrease) in Borrowings: -5,410,000 Rs
Reflects changes in borrowings (debt).
2. Net Cash Flow from Financing Activities: -5,410,000 Rs
Net cash flow resulting from changes in borrowings.
