Go Fashion (India) Limited {formerly known as Go Fashion (India) Private Limited}
Restated consolidated financial information
(Amount in 2 Millions, except for share data or as otherwise stated)

Restated consolidated statement of cashflows

 

 

 

      

 

 

 

 

 

 

 

 

 

  

 

 

 

 

 

Particulars ‘Asat
31/Mar/2019
Cash flows from operating activities
(Loss) / profit before tax for the year 524.00
Adjustments for
Depreciation of property, plant and equipment and amortisation of intangible assets 41.79
Provision for inventory 7m
(Gain) loss on disposal of property, plant and equipment (0.05)
Interest on fixed deposits (13.28)
Income from investment on mutual funds (28.69)
Finance costs 0.18
Unrealized forex exchange gain (net) (9.61)
Bad debts Written Off 13.09
Interest recognized on lease liability 113.60
Depreciation recognized on lease assets 273.49
Interest recognized on interest free lease deposits (9.80)
Operating profit before working capital changes 918.49
Working capital adjustments for
(Increase) / decrease in inventories (266.39)
(Increase) / decrease in trade and other receivables (102.24)
(Increase) / decrease in loans and advances and other assets (133.99)
(Decrease) / increase in trade payables and other current liabilities 80.68
(Decrease) / increase in provisions 3.15
Cash generated from operations 500.30
Income tax paid (net of refunds) (167.44)
Net cash flow from operating activities [A] 332.86
Cash flows from investing activities
Purchase of mutual funds (403.68)
Sale of mutual funds 933.69
Purchase of Property, plant and equipment and capital work in progress (260.54)
Purchase of Intangible asset (4.44)
Proceeds from disposal of property, plant and equipment 0.25
Bank deposits opened during the year (329.26)
Interest received on fixed deposits 10.98
Net cash flow used in investing activities [B] 3.00)
Cash flows from financing activities
Finance costs paid (0.18)
Principal repayment of lease liability (195.16)
Interest expense on lease rental discounting (113.60)
Dividends and dividend distribution tax paid (0.04)
Net cash flow used in financing activities [C] (308.98)
Net increase / (decrease) in cash and cash equivalents [A¥B+C] (29.12)
‘Cash and cash equivalents at the beginning of the year 52.44
(a) Cash and cash equivalents at the end of the year 23.32

 

 

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