Kiranglobal Business Investment Limited Latest Annual Report, Balance Sheet and Financials

Kiranglobal Business Investment Limited Balance Sheet (in Rs.)

Kiranglobal Business Investment Limited Profit & Loss Statement (In Rs.)

Kiranglobal Business Investment Limited Consolidated Cash Flow Statement (In Rs.) 

Here is a summary of the Cash Flow Statement for the years 2019 and 2018:

Cash Flow from Operating Activities:

Profit before Tax: In 2019, the company reported a profit before tax of -₹2,072,372, while in 2018, it reported a profit of ₹326,105.

Depreciation And Amortization: Depreciation and amortization expenses amounted to ₹10,855 in 2019 and ₹8,652 in 2018.

Interest Paid on Loans: The company paid interest on loans totalling ₹26,698 in 2019 and ₹28,901 in 2018.

Operating Profit before Working Capital Charges: After adjusting for depreciation, amortization, and interest expenses, the operating profit before working capital changes was -₹2,034,819 in 2019 and ₹363,658 in 2018.

Movement in Working Capital: There was a significant increase in loans and advances and trade receivables by ₹18,071,982 in 2019, whereas in 2018, there was a decrease of ₹7,860,941. Additionally, there was an increase in current liabilities and provisions by ₹3,214,295 in 2019 and ₹789,966 in 2018.

Net Cash From/ (Used in) Operating Activities: Despite the changes in working capital, the company generated net cash from operating activities amounting to ₹19,251,457 in 2019, while it used cash amounting to -₹6,707,317 in 2018.

Cash Flow from Financing Activities:

Reserve and Surplus: In 2019, the company utilized reserve and surplus amounting to ₹250,397, while in 2018, it added ₹-105,984 to reserves.

Payment of Interest on Loans: The company paid interest on loans, resulting in cash outflows of -₹26,698 in 2019 and -₹28,901 in 2018.

Loans Taken During the Year: In 2019, the company obtained loans amounting to -₹19,471,845, while in 2018, it acquired loans totalling ₹6,839,823.

Net Cash Flow from Financing Activities: Consequently, the net cash flow from financing activities was -₹19,248,146 in 2019 and ₹6,704,938 in 2018.

Net Increase in Cash and Cash Equivalents:

The net increase in cash and cash equivalents was ₹3,311 in 2019 and -₹2,378 in 2018.

Opening and Closing Balance of Cash & Cash Equivalents:

The opening balance of cash and cash equivalents was ₹14,884 in 2019 and ₹17,262 in 2018. By the end of the year, the closing balance increased to ₹18,195 in 2019 and decreased to ₹14,884 in 2018, reflecting the company 's liquidity position.