| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Surana Industries Limited |
|
Particulars |
2017 |
2016 |
|
ASSETS |
|
|
|
Non-current assets |
|
|
|
(a) Property, Plant and Equipment |
73,083.91 |
77,509.32 |
|
(b) Goodwill |
3,700.77 |
1,074.93 |
|
(c) Other Intangible assets |
1,643.33 |
1,523.20 |
|
(d) Other non-current assets |
16,198.31 |
24,366.55 |
|
Total Non current assets (A) |
94,626.32 |
104,474.00 |
|
Current assets |
|
|
|
(a) Assets reposed by lenders |
125,766.86 |
125,766.86 |
|
(b) Inventories |
15,262.84 |
17,633.75 |
|
(c) Financial Assets |
|
|
|
(i) Trade receivables |
16,987.37 |
29,504.07 |
|
(ii) Cash and cash equivalents |
36.67 |
168.71 |
|
(d) Other current assets |
2,350.09 |
2,343.12 |
|
Total Current assets (B) |
160,403.83 |
175,416.52 |
|
Total Assets |
255030.15 |
279,890.52 |
|
EQUITY AND LIABILITIES |
|
|
|
EQUITY |
|
|
|
(a) Equity Share capital |
5,091.06 |
4,451.91 |
|
(b) Other Equity |
|
|
|
(i) Equity attributable to shareholders of the company |
-172,940.82 |
-82,970.47 |
|
Non Controlling interest |
639.34 |
590.33 |
|
Total Equity (C) |
-167,210.41 |
-77,928.23 |
|
LIABILITIES |
|
|
|
Non-current liabilities |
|
|
|
(a) Financial Liabilities |
|
|
|
(i) Borrowings |
1,515.31 |
75,229.90 |
|
(b) Provisions |
1,093.37 |
1,128.81 |
|
Current liabilities |
|
|
|
(a) Financial Liabilities |
|
|
|
(i) Borrowings |
71,245.28 |
51,043.31 |
|
(ii) Trade payables |
27,427.77 |
28,255.52 |
|
(iii) Other financial liabilities |
308,526.31 |
199,697.63 |
|
(b) Deferred tax liability |
1,388.53 |
1,388.53 |
|
(c) Other current liabilities |
3,161.42 |
796.58 |
|
(d) Provisions |
7,882.57 |
278.47 |
|
Total Liabilities (D) |
422,240.56 |
357,818.75 |
|
Total Equity and Liabilities (C+D) |
255,030.15 |
279,890.52 |
|
Particulars |
2017 |
2016 |
|
REVENUE |
|
|
|
(a) Revenue from operations (Gross) |
6,841.35 |
61,954.08 |
|
(b) Other income |
307.57 |
1,125.00 |
|
Total income |
7,148.92 |
63,079.08 |
|
Expenses |
|
|
|
(a) Cost of materials consumed |
1,776.72 |
10,710.82 |
|
(b) Purchases of Stock in trade (Traded goods) |
3,728.16 |
51,961.64 |
|
(c) Changes in inventories of finished goods, work in progress and stock-in-trade |
6,102.03 |
9,700.12 |
|
(d) Employee benefits expense |
595.94 |
687.49 |
|
(e) Finance Costs |
31,728.89 |
16,851.20 |
|
(f) Depreciation and amortization expense |
5,145.65 |
5,408.01 |
|
(g) Excise duty |
517.47 |
1,792.66 |
|
(h) Other expenses |
13,505.45 |
6,783.45 |
|
Total expenses |
63,100.31 |
103895.4 |
|
Profit /Loss before exceptional items and tax |
-55,951.39 |
-40,816.32 |
|
Exceptional items |
43,951.79 |
80,938.18 |
|
Profit/(loss) before tax |
-99,903.18 |
-121,754.50 |
|
Net Profit/(loss) for the period |
-99,903.18 |
-121,754.50 |
|
Total comprehensive income |
-99,903.18 |
-121,754.50 |
|
Net Profit/(loss) attributable |
-99,900.82 |
-121,751.58 |
|
Shareholders of the company |
-2.92 |
-2.92 |
|
Non controlling interests |
-99,903.18 |
-121,754.50 |
|
Earnings per Share (for continuing operation) |
|
|
|
(i) Basic |
-196.23 |
-273.49 |
|
(ii) Diluted |
-196.23 |
-273.49 |
|
Particulars |
2017 |
2016 |
|
A. Cash flow from operating activities |
|
|
|
Loss for the year before exceptional items and tax |
-55,951.39 |
-40,816.35 |
|
Add: Exceptional Items |
|
|
|
Interest capitalized relating to CWIP charged off |
|
68,475.79 |
|
Pre-operating expenditure capitalized relating to CWIP charged off |
- |
7,657.45 |
|
Inventory relating to CWIP charged off |
|
5,234.68 |
|
Impairment of expenditure incurred on land relating to CWIP charged off |
-11,672.40 |
7,800.00 |
|
Reversal of recompense interest |
-37,894.75 |
-8,229.74 |
|
Provision reversal on account of consolidation |
5,615.36 |
|
|
Loss for the year before tax and after exceptional item |
-99,303.18 |
-121,754.53 |
|
Adjustments for: |
|
|
|
Depreciation expense |
5,163.62 |
5,408.01 |
|
Finance costs |
31,603.65 |
16,559.57 |
|
Interest income |
|
-53.73 |
|
Dividend income |
|
-0.12 |
|
Liabilities no longer required written back |
-82.49 |
-771.59 |
|
Provision for doubtful trade receivables, loans and advances |
|
3,373.48 |
|
Trade receivables written off |
-12,087.43 |
68.73 |
|
Provision for contingencies |
|
-29.49 |
|
Profit on sale of asset |
-0.24 |
|
|
Provision for employee benefits |
|
-29.88 |
|
Interest capitalized charged off |
37,234.53 |
60,687.22 |
|
Interest capitalized relating to CWIP charged off |
|
7788.56 |
|
Pre-operating expenditure capitalized relating to CWIP charged off |
|
7657.46 |
|
Impairment of fixed assets |
6057.04 |
|
|
Loss on fixed assets due to vardah cyclone Prior period expenses |
21.09 |
|
|
Prior period expenses |
17.4 |
|
|
Inventory relating to CWIP charged off |
|
5,234.68 |
|
Impairment of expenditure incurred on land relating to CWIP charged off |
|
7,800.00 |
|
Reversal of recompense interest |
655.5 |
-8,229.74 |
|
Loss on sale / write off of assets |
|
7.86 |
|
Operating loss before working capital changes |
-7,145.64 |
-16,224.55 |
|
Changes in working capital: |
|
|
|
Adjustments for (increase) / decrease in operating assets: |
|
|
|
Inventories |
6,247.03 |
14,741.60 |
|
Trade receivables |
334.11 |
1,169.72 |
|
Short term loans and advances |
-25.07 |
6,138.87 |
|
Long term loans and advances |
115.13 |
-5,951.52 |
|
Adjustments for increase / (decrease) in operating liabilities: |
|
|
|
Trade payables |
-855.1 |
-7,671.22 |
|
Short Term Provisions |
404.92 |
90.3 |
|
Other current liabilities |
-6,213.16 |
220.71 |
|
Other long term liabilities |
|
-5,877.64 |
|
Long term provisions |
-35.44 |
-19.23 |
|
Cash generated from operations |
-7,173.22 |
-13,382.97 |
|
Net income tax paid |
4.95 |
-15.21 |
|
Net cash flow used in operating activities (A) |
-7,168.28 |
-13,398.18 |
|
B. Cash flow from investing activities |
|
|
|
Capital expenditure on fixed assets, including capital advances |
|
4,810.01 |
|
Proceeds from sale of fixed assets / Capital Work in Progress |
51.24 |
816.03 |
|
Purchase of non current investment |
3.09 |
|
|
Bank balances not considered as Cash and cash equivalents matured during the year |
|
-0.02 |
|
Movement in Bank deposits (See Note 1 below) |
81.32 |
736.48 |
|
Realization from advances |
29.4 |
|
|
Interest received from banks |
0.01 |
53.73 |
|
Dividend received from investments |
|
0.12 |
|
Net cash flow from / (used in) investing activities (B) |
165.07 |
6416.4 |
|
C. Cash flow from financing activities |
|
|
|
Proceeds from short-term borrowings |
-24.48 |
830 |
|
Proceeds from other long-term borrowings |
|
|
|
Repayment of long-term borrowings |
-2,013.53 |
|
|
Net increase in working capital borrowings |
9,012.40 |
9,588.36 |
|
Dividend paid |
|
-1.88 |
|
Proceeds / (Repayment) from Bank Borrowings |
|
-252.41 |
|
Finance costs (includes borrowing costs capitalized ) |
-21.9 |
-5,089.63 |
|
Net cash flow from financing activities (C) |
6,952.49 |
5,074.43 |
|
Net increase / (decrease) in Cash and cash equivalents (A+B+C) |
-50.76 |
-1907.35 |
|
Cash and cash equivalents at the beginning of the year |
71.08 |
1978.43 |
|
Cash and cash equivalents at the end of the year Notes |
20.32 |
71.08 |
|
1. Reconciliation of Cash and cash equivalents with the Balance Sheet: |
|
|
|
Cash and cash equivalents (Refer Note 8) |
|
154.44 |
|
Less : Bank balances not considered as Cash and cash equivalents as defined in AS 3 Cash Flow Statements (Refer Note 8) |
|
88.34 |
|
Cash and cash equivalents at the end of the year |
20.32 |
66.1 |
|
2. Disclosure of non cash adjustments: |
|
|
|
(a) Conversion of interest into borrowings |
|
2475.67 |
|
(b) Conversion of borrowings to capital |
4654.35 |
|
|
(c) Capitalization of interest |
|
|
|
(d) Purchase of investments without payment of consideration in cash |
3500 |
|
|
(e) Transfer of stocks from capital work in progress to inventory (net of provision) |
|
3037.6 |
Certainly, here is a summary of the Cash Flow Statement for the years 2017 and 2016:
A. Cash Flow from Operating Activities:
2017:
1. Loss before exceptional items and tax: -55,951.39
2. Adjustments for Exceptional Items:
Interest capitalized relating to CWIP charged off: 68,475.79
Pre-operating expenditure capitalized relating to CWIP charged off: 7,657.45
Inventory relating to CWIP charged off: 5,234.68
Impairment of expenditure incurred on land relating to CWIP charged off: -11,672.40
Reversal of recompense interest: -37,894.75
Provision reversal on account of consolidation: 5,615.36
3. Loss for the year before tax and after exceptional items: -99,303.18
4. Adjustments for Depreciation, Finance Costs, Interest Income, Dividend Income, and various provisions and adjustments.
5. Operating loss before working capital changes: -7,145.64
6. Changes in working capital (Increase/Decrease in):
Inventories: 6,247.03
Trade receivables: 334.11
Short-term loans and advances: -25.07
Long-term loans and advances: 115.13
Trade payables: -855.10
Short-term provisions: 404.92
Other current liabilities: -6,213.16
Other long-term liabilities, etc.
7. Cash generated from operations: -7,173.22
8. Net income tax paid: 4.95
9. Net cash flow used in operating activities (A): -7,168.28
2016:
Similar breakdown as in 2017 with corresponding values for each item.
B. Cash Flow from Investing Activities:
2017:
1. Capital expenditure on fixed assets, including capital advances: 4,810.01
2. Proceeds from the sale of fixed assets / Capital Work in Progress: 51.24
3. Purchase of non-current investment: 3.09
4. Movement in Bank deposits: 81.32
5. Realization from advances: 29.4
6. Interest received from banks, Dividend received from investments, etc.
7. Net cash flow from / (used in) investing activities (B): 165.07
2016:
Similar breakdown as in 2017 with corresponding values for each item.
C. Cash Flow from Financing Activities:
2017:
1. Proceeds from short-term borrowings: -24.48
2. Repayment of long-term borrowings: -2,013.53
3. Net increase in working capital borrowings: 9,012.40
4. Dividend paid, Proceeds / (Repayment) from Bank Borrowings, Finance costs, etc.
5. Net cash flow from financing activities (C): 6,952.49
2016:
Similar breakdown as in 2017 with corresponding values for each item.
Net Increase / (Decrease) in Cash and Cash Equivalents:
2017:
Net increase / (decrease) in Cash and cash equivalents (A+B+C): -50.76
2016:
Net increase / (decrease) in Cash and cash equivalents (A+B+C): -1907.35
Cash and Cash Equivalents:
2017:
Cash and cash equivalents at the beginning of the year: 71.08
Net increase / (decrease) during the year: -50.76
Cash and cash equivalents at the end of the year: 20.32
2016:
Cash and cash equivalents at the beginning of the year: 1978.43
Net increase / (decrease) during the year: -1907.35
Cash and cash equivalents at the end of the year: 66.1
Reconciliation of Cash and Cash Equivalents with the Balance Sheet:
1. Cash and cash equivalents (Refer Note 8): 154.44
2. Less: Bank balances not considered as Cash and cash equivalents: -88.34
3. Cash and cash equivalents at the end of the year: 20.32
Disclosure of Non-Cash Adjustments:
1. Conversion of interest into borrowings: 2475.67
2. Conversion of borrowings to capital: 4654.35
3. Purchase of investments without payment of consideration in cash: 3500
4. Transfer of stocks from capital work in progress to inventory (net of provision): 3037.6
