Winsome Yarns Annual Reports, Balance Sheet and Financials

Winsome Yarns Limited Balance Sheet (Rs In Lakhs)

 Winsome Yarns Limited Profit & Loss Statement (Rs In Lakhs)

 Winsome Yarns Limited Consolidated Cash Flow Statement (Rs In Lakhs)

Certainly, here is a summary of the Cash Flow Statement for the years 2023 and 2022:

A. Cash Flow from Operations:

1. Loss Before Tax:

2023: -2,641.85

2022: -1,397.59

The company incurred operating losses in both years before considering tax implications.

2. Adjustment for:

Depreciation:

2023: 1,387.32

2022: 1,486.31

Depreciation is a non-cash expense added back to the loss to account for the decrease in the value of assets over time.

Amortization of Leasehold Land:

2023: 3.31

2022: 3.31

Similar to depreciation, this represents the amortization of leasehold land, a non-cash expense.

Interest Income:

2023: 12.03

2022: -9.79

Interest income is added back, as it is not part of the core operating activities and represents cash received.

Operating Profit Before Working Capital Changes:

2023: -1,263.25

2022: 82.24

This is the result after adjusting for non-cash expenses and income.

3. Adjustment for Working Capital Changes:

Increase/(Decrease) in Financial Liabilities:**

Trade Payables:

2023: -293.88

2022: 365.33

A decrease in trade payables in 2023 and an increase in 2022. A decrease in payables contributes positively to cash flow.

Revenue Received in Advance:

2023: -132.02

2022: Not provided

A decrease in revenue received in advance in 2023, which means less cash received in advance compared to the previous period.

Other Payables:

2023: -710.3

2022: 93.9

A significant decrease in other payables in 2023, which impacts cash flow negatively.

Increase/(Decrease) in Other Current Liabilities:

2023: -133.36

2022: -12.45

A decrease in other current liabilities, contributing positively to cash flow.

Increase/(Decrease) in Provisions:

2023: 35.45

2022: -70.12

An increase in provisions in 2023, which impacts cash flow negatively. In 2022, there was a decrease.

(Increase)/Decrease in Financial Assets:

Trade and Other Receivables:

2023: 1088.73

2022: 9.67

An increase in receivables in 2023, which means less cash received from customers compared to the previous period.

(Increase)/Decrease in Other Current Assets:

2023: 659.85

2022: -340.92

An increase in other current assets in 2023, impacting cash flow negatively.

(Increase)/Decrease in Inventories:

2023: 669.1

2022: -152.53

An increase in inventories in 2023, which impacts cash flow negatively.

Current Tax Liabilities (Net):

2023: 47.48

2022: -15.75

An increase in current tax liabilities in 2023, impacting cash flow negatively.

4. Net Cash Flow from Operating Activities:

2023: -32.19

2022: -40.65

The net cash flow from operating activities is calculated by summing up the adjustments, additions, and deductions mentioned above. It represents the cash generated or used by the company 's core operations.

B. Cash Flow from Investing Activities:

Interest Receipts:

2023: 12.03

2022: 9.79

Cash received from interest receipts, contributing positively to cash flow from investing activities.

Net Cash Used in Investing Activities:

2023: 12.03

2022: 9.79

The net cash used in investing activities is the sum of all cash transactions related to the purchase and sale of investments, property, plant, and equipment, and other long-term assets.

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

The net increase/(decrease) in cash and cash equivalents is calculated by summing up the net cash flow from operating activities and net cash used in investing activities. In this case, it is negative, indicating a net decrease in cash and cash equivalents during the period.

Cash and Cash Equivalents (Opening and Closing Balance):

These represent the company 's cash position at the beginning and end of the period. The closing balance is lower than the opening balance, indicating a decrease in cash and cash equivalents during the period.