| Periods | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | All Time |
|---|---|---|---|---|---|---|---|
| Primex-40 | |||||||
| Midland Services Limited |
|
Particulars |
2018 |
2017 |
|
ASSETS |
|
|
|
a) Property, Plant and Equipment |
66,57,685 |
48,43,550 |
|
b) Capital Work in Progress |
|
|
|
c) Investment Property |
|
|
|
d) Intangible Assets |
|
|
|
e) Financial Assets |
|
|
|
Non Current Investments |
|
|
|
Other Non Current Financial Assets |
|
|
|
f) Non Current Tax Assets (Net) |
9,17,215 |
93,293 |
|
g) Other Non Current Tax Assets |
20,000 |
20,000 |
|
Total Non Current Assets |
75,94,900 |
49,56,843 |
|
Current assets |
|
|
|
a) Inventories |
24,63,591 |
46,41,635 |
|
b) Financial Assets |
|
|
|
Trade Receivables |
33,00,000 |
9,42,333 |
|
Cash & Cash equivalents |
94,95,109 |
1,48,35,679 |
|
Other Bank Balances |
|
|
|
c) Other Current Assets |
5,51,930 |
6,20,066 |
|
Total Current Assets |
1,58,10,630 |
2,10,39,712 |
|
GRAND TOTAL |
2,34,05,530 |
2,59,96,555 |
|
EQUITY AND LIABILITIES |
|
|
|
1. Shareholder’s Fund |
|
|
|
a) Share Capital |
3,19,97,250 |
3,19,97,250 |
|
b) Other Equity |
-94,35,965 |
-75,89,671 |
|
Total Equity & Liabilities |
2,25,61,285 |
2,44,07,579 |
|
LIABILITIES |
|
|
|
Non Current Liabilities |
|
|
|
Deferred Tax Liabilities |
-- |
-- |
|
Other Non Current Liabilities |
-- |
-- |
|
Total Non Current Liabilities |
-- |
-- |
|
Liabilities |
|
|
|
Current Liabilities |
|
- |
|
a) Financial Liabilities |
|
|
|
Trade Payables |
|
- |
|
Other Current Financial Liabilities |
8,44,265 |
15,88,976 |
|
b) Other Current Liabilities |
|
- |
|
c) Provisions |
|
|
|
d) Current Tax Liabilities (Net) |
|
|
|
Total Current Liabilities |
8,44,265 |
15,88,976 |
|
|
|
|
|
GRAND TOTAL |
2,34,05,330 |
2,59,96,555 |
|
Particulars |
2018 |
2017 |
|
|
Revenue from Operations |
71450706 |
47488341 |
|
|
Other Income |
644545 |
843439 |
|
|
Total Revenue |
72095252 |
48331780 |
|
|
Expenses: |
|
|
|
|
Cost of Material Consumed |
|
- |
|
|
Purchases of Stock-in-Trade |
68729549 |
42773911 |
|
|
Changes in inventories of finished goods work-in-progress and Stock-in-Trade |
2178044 |
2406764 |
|
|
Employee benefits expense |
798750 |
487750 |
|
|
Finance costs |
28974 |
15946 |
|
|
Depreciation and amortization expenses |
264246 |
107181 |
|
|
Other expenses |
2765905 |
2866287 |
|
|
Total expenses |
74765468 |
48657839 |
|
|
Profit before exceptional and extraordinary items and tax |
-2670216 |
-326059 |
|
|
Exceptional Items |
|
|
|
|
Profit before extraordinary items and tax |
-2670216 |
-326059 |
|
|
Profit before tax |
-2670216 |
-326059 |
|
|
Tax expense: |
|
|
|
|
(1) Current tax |
|
-- |
|
|
(2) Deferred tax |
-832922 |
-91791 |
|
|
Profit (Loss) for the period from continuing operations |
-1846294 |
-234268 |
|
|
Profit (Loss) for the period |
-1846294 |
-234268 |
|
|
Earnings per equity share: |
|
|
|
|
(i) Basic |
-0.58 |
-0.09 |
|
|
(ii) Diluted |
-0.58 |
-0.09 |
|
Particulars |
2018 |
2017 |
|
Cash Flow from Operating Activities |
|
|
|
Net Profit before tax and extraordinary items |
-26,70,216 |
-3,26,059 |
|
Dividend received |
- |
-16,612 |
|
Interest received |
-6,32,097 |
-8,26,827 |
|
Depreciation & Amortizations Expenses |
2,64,246 |
1,07,181 |
|
Operating Profit before Working Capital |
-30,38,068 |
-10,62,317 |
|
Adjustments for : |
|
|
|
(Increase)/ Decrease in Inventories |
21,78,044 |
24,06,764 |
|
(Increase) / Decrease in Short Term Loans and advances |
68,135 |
5,34,274 |
|
(Increase) / Decrease in Other Current Assets |
|
|
|
Increase / (Decrease) in Trade Payables |
- |
-1,332 |
|
(Increase) / Decrease in Trade Receivables |
-23,57,667 |
-9,42,332 |
|
Increase / (Decrease) in Other Current Liabilities |
-7,44,630 |
14,46,149 |
|
Cash Generated from Operations |
-38,94,286 |
23,81,206 |
|
Net cash generated / (utilized) from Operating Activities |
-38,94,286 |
23,81,206 |
|
Cash Flow from Investing Activities |
|
|
|
Increase in Fixed Assets |
-20,78,381 |
-43,03,847.00 |
|
(Increase) / Decrease in Long Term Advances |
- |
14,000 |
|
Dividend Received |
- |
16,612 |
|
Interest Earned |
6,32,097 |
8,26,827 |
|
Net cash Generated/(utilized) from Investing Activities |
-34,46,408.00 |
-34,46,408 |
|
Cash Flow from Financing Activities |
|
|
|
Proceeds from issue of Share Capital |
- |
- |
|
Net cash generated from financing activities |
- |
- |
|
Net Increase in Cash and Cash Equivalents |
-53,40,570 |
-10,65,202 |
|
Cash and Cash Equivalents at the Beginning of the Year |
1,48,35,679 |
1,59,00,881 |
|
Cash and Cash Equivalents at the End of the Year |
94,95,109 |
1,48,35,679 |
Here is a summary of the Cash Flow Statement for the years 2018 and 2017:
1. Cash Flow from Operating Activities:
- In 2018, the company utilized ₹38,94,286 in operating activities, indicating that the company 's operating expenses and cash outflows exceeded its cash inflows from operating activities.
- Conversely, in 2017, the company generated ₹23,81,206 from its operating activities, implying that the cash inflows from operations surpassed the cash outflows.
2. Cash Flow from Investing Activities:
- For both 2018 and 2017, the company utilized cash in its investing activities. In 2018, the amount was ₹34,46,408, and the same amount was utilized in 2017. This suggests that the company invested in fixed assets and incurred other investing expenditures, which exceeded any cash generated from investments like interest earned and dividends received.
3. Cash Flow from Financing Activities:
- No cash flow from financing activities is reported for either 2018 or 2017. This could mean that there were no significant financing transactions during these years, such as the issuance of shares, debt, or repayment of debt.
4. Net Increase/(Decrease) in Cash and Cash Equivalents:
- In 2018, there was a substantial decrease in cash and cash equivalents amounting to -₹53,40,570, indicating that the company experienced a significant outflow of cash during the year.
- Similarly, in 2017, there was also a decrease in cash and cash equivalents, but it was comparatively smaller at -₹10,65,202.
5. Cash and Cash Equivalents:
- At the end of 2018, the company had ₹94,95,109 in cash and cash equivalents, which was lower than the previous year 's balance.
- Conversely, at the end of 2017, the company had a higher balance of ₹1,48,35,679 in cash and cash equivalents.
