Description
It shows the various fund flow statements and implications based on the figures arrived
Presentation On Tata Steel Fund Flow
Vision
To seize the opportunities of tomorrow and create a future that will make us an EVA positive company. To continue to improve the quality of life of our employees and the communities we serve.
Company Overview
• Established in 1907 Tata Steel is Asia’s first and India’s largest integrated Pvt sector steel Co. • The Co. announced it’s first major overseas investment in Natsteel, Singapore allowing its presence to increase to six countries. • Other operations include – Bearings, Ferro Alloys & Minerals Division,Rings & Agrico Business, Tubes Division, Wire Division etc. • Consistently with growing profits. • A major contributor of the growth of the Indian economy.
Financial Highlights
• • • • • • • Gross revenue – Rs.16053.48 crores PAT – Rs.3474.16 crores Retained Earnings – Rs.3272.52 crores Dividends including tax – Rs.820.42 crores Net worth – Rs.6845.10 crores Debt : Equity – 29:71 EPS – Rs.62.77 crores
Funds Flow Statement
Sources and Utilization of Funds (Rupees crores) Total SOURCES OF FUNDS : 2004-05 1. CASH GENERATED FROM OPERATIONS : (a) PROFIT AFTER TAXES 3474.16 (b) DEPRECIATION 618.78 (c) OTHER INCOME AND ADJUSTMENTS (14.08) TOTAL 4078.86 2. SHARE CAPITAL NIL 3. NET BORROWINGS (642.51) Total (A) 3436.35 2003-04 1746.22 625.11 20.78 2392.11 NIL (852.33) 1539.78
2004-05 UTILISATION OF FUNDS : 4. CAPITAL EXPENDITURE 5. INVESTMENTS (NET) 6. DIVIDENDS #. 7. MISC. EXPENDITURE* Total (B) Net Working Capital (A - B)
2003-04
1978.36 238.53 821.37 107.65 3145.91 290.44
960.33 999.57 416.25 36.93 2413.08 (873.30)
Working Notes
• Other Income and Adjustments ( Rs Crore) Trade Investments 29.81 Investment in subsidiary Co 4.54 Other Investments 77.05 Profit on Sale of current Investment 4.19 Profit on sale of Capital Asset 32.42 Gain from Swaps 0.02 Total 148.03
Continued…
• Net Borrowings Loans –
Secured Unsecured
( Rs Crore) (541.98) (100.53) (642.51)
Total
Cont…
• Capital Expenditure
Purchased of Fixed Assets
• Investments
Trade Investments(Quoted) Trade Investments(Unquoted) Investment In Subsidiaries
(Rs Crore) 1978.36 (Rs Crore)
(2.42) 146.45 159.36
Current Investment
Total
(64.86) 238.53
Cont…
• Dividends
Proposed dividend Tax On Dividends
(Rs Crore)
719.51 101.86
Total • Miscellaneous Expenditure
Employee separation compensation
821.37 119.11 (11.46) 107.65
Amortization
Total
Implications
• Profits of the company from it’s normal operations is the main source of funds for the company. • Current Ratio = Total Current Assets Total Current Liabilities = 4083.58 3699.99 = 1.1036 • The main utilization of the funds were in purchase of fixed assets which means that the company is on an expansion mode.
Cont…
• Also there is an increase in the working capital which suggests that we have generated funds. • Most of the loans of the company are secured. • There is a special item of employees separation fund which may not be there in the normal course of business.
doc_752972735.ppt
It shows the various fund flow statements and implications based on the figures arrived
Presentation On Tata Steel Fund Flow
Vision
To seize the opportunities of tomorrow and create a future that will make us an EVA positive company. To continue to improve the quality of life of our employees and the communities we serve.
Company Overview
• Established in 1907 Tata Steel is Asia’s first and India’s largest integrated Pvt sector steel Co. • The Co. announced it’s first major overseas investment in Natsteel, Singapore allowing its presence to increase to six countries. • Other operations include – Bearings, Ferro Alloys & Minerals Division,Rings & Agrico Business, Tubes Division, Wire Division etc. • Consistently with growing profits. • A major contributor of the growth of the Indian economy.
Financial Highlights
• • • • • • • Gross revenue – Rs.16053.48 crores PAT – Rs.3474.16 crores Retained Earnings – Rs.3272.52 crores Dividends including tax – Rs.820.42 crores Net worth – Rs.6845.10 crores Debt : Equity – 29:71 EPS – Rs.62.77 crores
Funds Flow Statement
Sources and Utilization of Funds (Rupees crores) Total SOURCES OF FUNDS : 2004-05 1. CASH GENERATED FROM OPERATIONS : (a) PROFIT AFTER TAXES 3474.16 (b) DEPRECIATION 618.78 (c) OTHER INCOME AND ADJUSTMENTS (14.08) TOTAL 4078.86 2. SHARE CAPITAL NIL 3. NET BORROWINGS (642.51) Total (A) 3436.35 2003-04 1746.22 625.11 20.78 2392.11 NIL (852.33) 1539.78
2004-05 UTILISATION OF FUNDS : 4. CAPITAL EXPENDITURE 5. INVESTMENTS (NET) 6. DIVIDENDS #. 7. MISC. EXPENDITURE* Total (B) Net Working Capital (A - B)
2003-04
1978.36 238.53 821.37 107.65 3145.91 290.44
960.33 999.57 416.25 36.93 2413.08 (873.30)
Working Notes
• Other Income and Adjustments ( Rs Crore) Trade Investments 29.81 Investment in subsidiary Co 4.54 Other Investments 77.05 Profit on Sale of current Investment 4.19 Profit on sale of Capital Asset 32.42 Gain from Swaps 0.02 Total 148.03
Continued…
• Net Borrowings Loans –
Secured Unsecured
( Rs Crore) (541.98) (100.53) (642.51)
Total
Cont…
• Capital Expenditure
Purchased of Fixed Assets
• Investments
Trade Investments(Quoted) Trade Investments(Unquoted) Investment In Subsidiaries
(Rs Crore) 1978.36 (Rs Crore)
(2.42) 146.45 159.36
Current Investment
Total
(64.86) 238.53
Cont…
• Dividends
Proposed dividend Tax On Dividends
(Rs Crore)
719.51 101.86
Total • Miscellaneous Expenditure
Employee separation compensation
821.37 119.11 (11.46) 107.65
Amortization
Total
Implications
• Profits of the company from it’s normal operations is the main source of funds for the company. • Current Ratio = Total Current Assets Total Current Liabilities = 4083.58 3699.99 = 1.1036 • The main utilization of the funds were in purchase of fixed assets which means that the company is on an expansion mode.
Cont…
• Also there is an increase in the working capital which suggests that we have generated funds. • Most of the loans of the company are secured. • There is a special item of employees separation fund which may not be there in the normal course of business.
doc_752972735.ppt