Amarkantak Traders Annual Reports, Balance Sheet and Financials

Amarkantak Traders Limited Balance Sheet (Rs in Lakhs)

Amarkantak Traders Limited Profit & Loss Statement (Rs in Lakhs)

 Amarkantak Traders Limited Consolidated Cash Flow Statement (Rs in Lakhs)

Here is a summary of the Cash Flow Statement for the years 2024 and 2023:

Cash Flow from Operating Activities:

The company reported a net operating loss before interest, tax, and extraordinary items of ₹-0.53 lakhs in 2023-24, compared to ₹-0.76 lakhs in the previous year. This represents the operating profit before working capital changes for both years.

There were adjustments for working capital changes:

In 2023-24, there was no change in other current assets, while in 2022-23, these assets decreased by ₹6.96 lakhs, resulting in a cash inflow.

Other current liabilities increased by ₹0.44 lakhs in 2024, contributing positively to cash flow, whereas in 2023, they had decreased by ₹16.28 lakhs, which created a significant cash outflow.

As a result, net cash generated from operating activities in 2023-24 was a small positive amount of ₹0.44 lakhs, improving from a negative ₹-9.32 lakhs in 2022-23. This improvement in operating cash flow was due to the absence of a decrease in current liabilities and stable current asset levels.

Cash Flow from Financing Activities:

In 2023-24, the company recorded a small cash inflow from financing activities of ₹0.05 lakhs, due to a minor increase in current borrowings. In 2022-23, the company had a more significant inflow of ₹10.01 lakhs from current borrowings, which provided greater financial support.

Despite the larger borrowing in 2023, the financing cash inflows in both years remained relatively small.

Net Increase/Decrease in Cash and Cash Equivalents:

In 2023-24, the company experienced a net decrease in cash and cash equivalents of ₹-0.04 lakhs, which was a slight improvement over the decrease of ₹-0.07 lakhs in 2022-23.

The opening balance of cash and cash equivalents for 2023-24 was ₹0.12 lakhs, and after the small decrease in cash, the closing balance was ₹0.09 lakhs. In 2022-23, the company had started with ₹0.19 lakhs in cash but ended the year with ₹0.12 lakhs due to the larger decrease in cash during that period.