Cals Refineries Annual Reports, Balance Sheet and Financials

CALS REFINERIES LIMITED Balance Sheet (In Lakhs)

CALS REFINERIES LIMITED Profit & Loss Statement (In Lakhs)

CALS REFINERIES LIMITED Consolidated Cash Flow Statement (In Lakhs)

 Summary of Cash Flow from Operating and Financing Activities (2017-2016):

Cash Flow from Operating Activities:

1. Net Profit/(Loss) before tax:  The company reported a net loss before tax in both 2017 and 2016.

2. Adjustments:

   - Depreciation and Amortization Expense: A slight increase in depreciation from 2016 to 2017.

   - Loss on Fixed Assets Sold/Discarded: Small losses reported in 2017.

3. Operating Profit Before Working Capital Changes: The operating profit before working capital changes improved slightly in 2017 compared to 2016.

4. Movements in Working Capital:

   - Trade Payables: A decrease in trade payables in 2017, impacting cash flow negatively.

   - Long-Term Provisions: An increase in long-term provisions in 2017.

   - Short-Term Provisions: A slight increase in short-term provisions in 2016.

   - Other Current Liabilities: A slight increase in other current liabilities in 2017.

   - Decrease in Long-Term Loans and Advances: A significant decrease in long-term loans and advances in 2017.

   - Decrease in Short-Term Loans and Advances: A decrease in short-term loans and advances in 2016.

5. Cash Generated from/(Used in) Operations: The cash generated from operations improved slightly in 2017 compared to 2016.

6. Net Cash Flow from/(Used in) Operating Activities (A): The net cash flow from operating activities shows a decrease in 2017 compared to 2016.

Cash Flow from Financing Activities:

1. Repayment of Short-Term Borrowings: Significant repayment of short-term borrowings in 2017.

2. Proceeds from Short-Term Borrowings: Increase in proceeds from short-term borrowings in 2017.

3. Net Cash Flow from/(Used in) Financing Activities (C): Net cash flow from financing activities increased in 2017 compared to 2016.

Overall Net Increase/(Decrease) in Cash and Cash Equivalents:

- A slight decrease in cash and cash equivalents in 2017 compared to a slight increase in 2016.

- Opening and closing balances of cash and cash equivalents are provided.

Bellow, are the Financial Ratios

1. Profitability:

   - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): A negative value of -4.67% indicates that the EBITDA is negative relative to some metric, potentially revenue or operating expenses.

   - Return on Equity (ROE): The value is stated as N/A, which usually indicates that there might be insufficient information to calculate ROE. It could be due to a negative net worth or missing values.

2. Financial Structure:

   - Net Worth: A negative value of -6.52% indicates a potential negative net worth, which could be a cause for concern as it suggests that the company 's liabilities exceed its assets.

   - Debt/Equity Ratio: A negative Debt/Equity Ratio of -0.41 is unusual and might be a data entry error. This ratio is typically expressed as a positive value. Please double-check the data.

3. Asset Management

   - Total Assets: A very small increase of 0.00% suggests stability in total assets.

   - Fixed Assets: A substantial decrease of -39.62% in fixed assets might indicate a significant reduction in long-term investments, potentially affecting the company 's capacity for future growth.

   - Current Assets: A significant increase of 105.00% in current assets might suggest an increase in short-term assets.

   - Trade Receivables: A value of 0.00% for trade receivables seems unusual and may need verification.

   - Trade Payables: A modest increase of 1.18% in trade payables.

   - Current Liabilities: A moderate increase of 7.44% in current liabilities.

   - Current Ratio: A value of 0 for the current ratio is unusual and might indicate potential issues with liquidity. Please double-check the data.