India Exposition Annual Reports, Balance Sheet and Financials

India Exposition Mart Limited
Consolidated Balance Sheet as at 31st March 2023 (` Million)

India Exposition Mart Limited
Consolidated Statement of Profit and Loss for the year ended 31st March 2023 (` Million)

India Exposition Mart Limited
Consolidated Cash Flow Statement for the year ended 31st March 2023 (` Million)

Explanation of India Exposition Mart Limited 's Cash Flow Statement for the Year Ended 31st March 2023 (in millions)

Cash Flows from Operating Activities
The company reported a profit before tax and exceptional items of 987.28 million, reflecting strong business performance. Key adjustments included depreciation and amortization expense of 117.94 million, finance costs of 19.56 million, and share-based payments to employees of 12.29 million, boosting cash inflows. Working capital adjustments such as an increase in trade receivables by 138.02 million and other financial assets by 48.46 million indicate higher business activity. Despite these outflows, increases in trade payables by 95.79 million and financial liabilities by 118.91 million helped maintain positive cash flow. After paying income taxes of 150.65 million, the net cash generated from operating activities was 828.90 million.

Cash Flows from Investing Activities
The company made significant investments in property, plant, and equipment amounting to 472.53 million, showing its commitment to business expansion. Additional cash outflows included net investments in bank deposits of 523.02 million. However, inflows from interest received of 31.06 million and rental income of 10.99 million partially offset these expenditures. The net cash used in investing activities was 953.07 million, reflecting a focus on long-term growth through capital investments.

Cash Flows from Financing Activities
The company secured proceeds from term loans totaling 164.96 million and issued equity shares to non-controlling interests, raising 19.99 million. Partial repayment of term loans (68.93 million), interest payments (29.37 million), and lease payments (7.14 million) reduced net inflows. Calls on partly paid equity shares to non-controlling interests contributed another 3.50 million. The net cash generated from financing activities amounted to 83.01 million, supporting its expansion strategy.