The Nelliampathy Tea and Produce Annual Reports, Balance Sheet and Financials

THE NELLIAMPATHY TEA AND PRODUCE COMPANY Limited Balance Sheet (IN RUPEES)

THE NELLIAMPATHY TEA AND PRODUCE COMPANY Limited Profit& Loss Statement (IN RUPEES)

THE NELLIAMPATHY TEA AND PRODUCE COMPANY Limited Consolidated Cash Flow Statement (In RUPEES)

Certainly, here is a summary of the Cash Flow Statement for the years 2017 and 2018 broken down by activity

Cash Flows from Operating Activities:

1. Profit Before Extraordinary Items and Tax: In 2018, the profit before extraordinary items and tax was Rs. 31,70,330, compared to Rs. 22,55,199 in 2017.

2. Adjustments for Reconcile Profit (Loss): Various adjustments totaling Rs. 74,86,745 in 2018 and Rs. 61,77,414 in 2017 were made to reconcile the reported profit or loss. This includes adjustments for depreciation and amortization expenses and other reconciling items.

3. Adjustments for Working Capital: Adjustments for changes in working capital were made, including decreases in inventories, trade receivables, and other current assets, and an increase in trade payables. In 2018, the total adjustment was a decrease of Rs. 44,46,761, while in 2017, it was a decrease of Rs. 16,22,055.

4. Net Cash Flows from (Used in) Operations: The net cash flows from operating activities were Rs. 1,06,57,075 in 2018 and Rs. 84,32,613 in 2017, reflecting the cash generated or used in the company 's core operating activities.

5. Dividends, Interest, and Taxes: Dividends received, interest paid, interest received, and income taxes paid (refund) were accounted for in arriving at the net cash flows from operating activities.

Cash Flows from Investing Activities:

1. Cash Receipts and Payments: Cash flows from investing activities include cash receipts from sales of equity or debt instruments, payments to acquire equity or debt instruments, and the purchase of tangible assets.

2. Net Cash Flows from (Used in) Investing Activities: The net cash flows from investing activities before extraordinary items were a decrease of Rs. 42,70,259 in 2018 and an increase of Rs. 5,23,148 in 2017.

Cash Flows from Financing Activities:

1. Interest Paid: The company paid interest amounting to Rs. 1,76,246 in 2018 and Rs. 2,62,872 in 2017.

2. Net Cash Flows from (Used in) Financing Activities: The net cash flows from financing activities, before extraordinary items, amounted to a decrease of Rs. 1,76,246 in 2018 and a decrease of Rs. 2,62,872 in 2017.

Net Increase (Decrease) in Cash and Cash Equivalents:

1. Before Exchange Rate Changes: The net increase (decrease) in cash and cash equivalents before the effect of exchange rate changes was a decrease of Rs. 20,42,252 in 2018 and an increase of Rs. 27,86,182 in 2017.

2. After Exchange Rate Changes: The overall net increase (decrease) in cash and cash equivalents was also a decrease of Rs. 20,42,252 in 2018 and an increase of Rs. 27,86,182 in 2017.

Cash and Cash Equivalents at the End of the Period:

The cash and cash equivalents at the end of the period were Rs. 27,12,920 in 2018 and Rs. 47,55,172 in 2017, representing the cash position at the close of each respective fiscal year.

Below are the Financial Ratios

Certainly, let 's break down the financial particulars for the year 2015 point-wise and explain each metric in detail:

1. EBITDA (Earnings before Interest, Taxes, Depreciation, and Amortization):

 EBITDA is reported at a negative percentage of -147.28%. This indicates that the company 's operating earnings, before accounting for interest, taxes, and depreciation, were not sufficient to cover these expenses and resulted in a negative EBITDA margin.

2. Net Worth:

 The net worth is reported at -5.09%, signifying that the company 's liabilities exceed its assets. A negative net worth suggests financial distress, as the company 's debts surpass its overall financial value.

3. Debt/Equity Ratio:

  The Debt/Equity Ratio is 0.09, which is relatively low. This implies that the company has a lower level of debt in comparison to its equity. A lower debt/equity ratio is generally considered favorable as it indicates lower financial leverage and reduced financial risk.

4. Return on Equity (ROE):

   The Return on Equity is reported at -5.09%, indicating a negative return on shareholders ' equity. This implies that the company 's profitability, relative to its equity, is negative, which can be a concerning sign for investors.

5. Total Assets:

 Total Assets are reported at a negative percentage of -11.70%. This suggests that the company 's liabilities exceed its total assets, further highlighting potential financial instability.

6. Fixed Assets:

  Fixed Assets are reported at a negative percentage of -18.29%. This may indicate a decline in the value of the company 's long-term assets, which can impact its overall financial health and operational capacity.

7. Current Assets:

 Current Assets are reported at a negative percentage of -20.91%. This suggests a decrease in the value of assets that are expected to be converted into cash or used up within one year. It can impact the company 's ability to cover its short-term obligations.

8. Current Liabilities:

  Current Liabilities are reported at a negative percentage of -33.93%. This indicates a significant decrease in the company 's short-term obligations. It 's essential to analyze the specific liabilities affected to understand the implications for the company 's liquidity.

9. Trade Receivables:

  Trade Receivables are reported at a negative percentage of -30.23%. A decline in trade receivables could suggest challenges in collecting payments from customers, impacting cash flow.

10. Trade Payables:

 Trade Payables are reported at a negative percentage of -94.10%. This suggests a substantial decrease in trade payables, which could be due to changes in payment terms or a decrease in the company 's purchases on credit.

11. Current Ratio:

 The Current Ratio is 2.74, indicating that the company has 2.74 times more current assets than current liabilities. While a ratio above 1 suggests short-term solvency, the negative percentages associated with individual current assets and liabilities warrant a closer examination of the specific components.