Allsoft Corporation Annual Reports, Balance Sheet and Financials

Allsoft Corporation Limited Balance Sheet (Rs)

Allsoft Corporation Limited Profit & Loss Statement (Rs)

Allsoft Corporation Limited Consolidated Cash Flow Statement (Rs)

Certainly, here is a summary of the Cash Flow Statement for the years 2017 and 2016:

2017:

I. Cash Flow from Operating Activities:

Profit Before Tax: The company reported a loss of Rs. 2,508,596 before tax.

Adjustments:

Depreciation: Depreciation expenses amounted to Rs. 2,397,480.

Financial Cost: The company incurred financial costs of Rs. 2,698,399.

Operating Cash Flow before Working Capital Changes: The operating cash flow before changes in working capital was Rs. 2,587,283.

Changes in Working Capital:

Increase/Decrease in Trade Receivables: There was an increase of Rs. 6,154,555 in trade receivables.

Increase/Decrease in Short Term Loans & Advances: A significant increase of Rs. 14,861,242 in short-term loans and advances was noted.

Increase/Decrease in Short Term Borrowing: A decrease of Rs. 259,148 in short-term borrowing was observed.

Increase/Decrease in Trade Payables: There was a decrease of Rs. 3,311,045 in trade payables.

Increase/Decrease in Other Current Liabilities: Other current liabilities decreased by Rs. 24,446,280.

Increase/Decrease in Short Term Provisions: Short-term provisions decreased by Rs. 60,228.

Cash Generated from Operations: Despite the loss, cash generated from operations was -Rs. 4,473,621.

Income Tax Paid: No specific amount was mentioned for income tax paid.

Cash Generated from Operating Activities: The net cash flow from operating activities was -Rs. 4,473,621.

II. Cash Flow from Investing Activities:

Non-Current Investment: No specific amount was mentioned for non-current investments.

Increase/Decrease in Long Term Loans & Advances: Long-term loans and advances increased by Rs. 6,833,002.

Net Cash Available from Investing Activities: The net cash flow from investing activities was Rs. 6,833,002.

III. Cash Flow from Financing Activities:

Interest Paid: The company paid Rs. 2,698,399 in interest.

Net Cash Used in Financing Activities: The net cash flow used in financing activities was -Rs. 2,698,399.

Net Increase in Cash and Cash Equivalents: A net decrease of Rs. 339,018 was observed.

Opening Balance of Cash & Cash Equivalents: Rs. 1,281,591.

Closing Balance of Cash & Cash Equivalents: Rs. 942,573.

2016:

I. Cash Flow from Operating Activities:

Profit Before Tax: The company reported a loss of Rs. 1,405,238 before tax.

Adjustments:

Depreciation: Depreciation expenses amounted to Rs. 2,412,845.

Financial Cost: The company incurred financial costs of Rs. 3,193,217.

Operating Cash Flow before Working Capital Changes: The operating cash flow before changes in working capital was Rs. 4,200,824.

Changes in Working Capital:

Increase/Decrease in Trade Receivables: There was a significant decrease of -Rs. 43,106,825 in trade receivables.

Increase/Decrease in Short Term Loans & Advances: Short-term loans and advances increased by Rs. 26,768,854.

Increase/Decrease in Short Term Borrowing: A decrease of -Rs. 8,842,273 in short-term borrowing was observed.

Increase/Decrease in Trade Payables: There was an increase of Rs. 34,490,315 in trade payables.

Increase/Decrease in Other Current Liabilities: Other current liabilities decreased by -Rs. 10,642,271.

Increase/Decrease in Short Term Provisions: Short-term provisions increased by Rs. 1,001,986.

Cash Generated from Operations: Despite the loss, cash generated from operations was Rs. 3,870,610.

Income Tax Paid: The company paid Rs. 428,990 in income tax.

Cash Generated from Operating Activities: The net cash flow from operating activities was Rs. 3,441,620.

II. Cash Flow from Investing Activities:

Non-Current Investment: A non-current investment of Rs. 150,000 was made.

Increase/Decrease in Long Term Loans & Advances: Long-term loans and advances decreased by -Rs. 844,090.

Net Cash Available from Investing Activities: The net cash flow from investing activities was -Rs. 694,090.

III. Cash Flow from Financing Activities:

Interest Paid: The company paid Rs. 3,193,217 in interest.

Net Cash Used in Financing Activities: The net cash flow used in financing activities was -Rs. 3,193,217.

Net Increase in Cash and Cash Equivalents: A net decrease of Rs. 445,687 was observed.

Opening Balance of Cash & Cash Equivalents: Rs. 1,727,278.

Closing Balance of Cash & Cash Equivalents: Rs. 1,281,591.