Page 75 - Interloop Annual Report 2018-2019

LAST SIX YEARS STATEMENT OF STATEMENT OF CASH FLOW -

CASH FLOW DIRECT METHOD

Particulars 2019 2018 2017 2016 2015 2014 Particulars 2019 2018
Rupees in ‘000 Rupees in ‘000
Cash Flows From Operating Activities 5,856,137 (2,790,766) 1,238,798 5,310,648 3,548,562 2,478,339 Cash flows from operating activities
Cash Flows From Investing Activities (5,224,627) (4,467,281) (3,152,722) (1,526,224) (2,643,640) (3,271,172)
Cash Flows From Financing Activities 1,654,622 7,369,132 1,945,152 (3,775,710) (958,671) 837,882 Receipt from customers 36,517,478 28,665,088
Net increase/(decrease) in cash and cash equivalents 2,286,132 111,085 31,228 8,714 (53,748) 45,049 Cash paid to suppliers and employees (29,041,332) (30,431,529)
Finance cost paid (1,001,655) (422,766)
HORIZONTAL ANALYSIS ON STATEMENT OF CASH FLOW Income tax paid (238,195) (289,281)
(152,194)
Staff retirement gratuity paid
(131,021)
Workers' profit participation fund paid (232,069) (156,373)
2019 vs 2018 vs 2017 vs 2016 vs 2015 vs 2014 vs Long term loans paid (14,049) (14,791)
Particulars
2018 2017 2016 2015 2014 2013 Long term deposits (paid)/received (3,202) 4,317
Percentage Profit on TDRs received 182 225
Cash Flows From Operating Activities 310% -325% -77% 50% 43% 307% Interest on loan to Metis International (Pvt) Ltd received - 6,522
Cash Flows From Investing Activities -17% -42% -107% 42% 19% -82% Interest income on loan to SNGPL received - 16
Cash Flows From Financing Activities -78% 279% 152% -294% -214% -30% Net cash generated from/(used in) operating activities 5,856,137 (2,790,766)
Net increase/(decrease) in cash and cash equivalents 1958% 256% 258% 116% -219% 235%
Cash flows from investing activities
VERTICAL ANALYSIS ON STATEMENT OF CASH FLOW
Additions in:
Property, plant and equipment (4,632,295) (3,418,451)
Particulars 2019 2018 2017 2016 2015 2014
Intangible asset (32,798) (5,576)
Percentage Advance for purchase of land - (23,897)
Cash Flows From Operating Activities 257% -2512% 3967% 60941% -6602% 5501% Proceeds from disposal of property, plant and equipment 139,466 65,507
Cash Flows From Investing Activities -229% -4022% -10096% -17514% 4918% -7261% Long term investments (699,000) (1,084,864)
Cash Flows From Financing Activities 72% 6634% 6229% -43327% 1784% 1860% Net cash (used in) investing activities (5,224,627) (4,467,281)
Net increase/(decrease) in cash and cash equivalents 100% 100% 100% 100% 100% 100%
COMMENTARY ON ANALYSIS OF STATEMENT OF Cash flows from financing activities

CASH FLOW Long term financing obtained (2,568,542) (1,010,816)
4,228,002
1,300,000
Repayment of long term financing
(847)
(435)
Cash Flows From Operating Activities Payment of liabilities against assets subject to finance lease (3,454,937) 7,544,364
Short term borrowings - net
The net cash generated from operating activities stood at PKR 5,856 Million in FY 2019 from 2,478 Million in 2014, registering a Share capital issued 1,102,558 1,719
compound annual growth rate of 18.8%. This is due to increase in operations and sustained profitability. Share premium 3,782,976 9,576
Dividend paid (1,434,588) (475,276)
Cash Flows From Investing Activities Net cash generated from financing activities 1,654,622 7,369,132
The cash flows used in investing activities were PKR 5,224 Million in FY 2019 compared to PKR 3,217 Million in 2014. Investment Net increase in cash and cash equivalents 2,286,132 111,085
in capital expenditure, on account of continuous expansion of production facilities and balancing, modernizing and replacement Cash and cash equivalents at the beginning of the year 193,687 82,602
of existing manufacturing facilities, were main constituents of cash outflow from investing activities. Cash and cash equivalents at the end of the year 2,479,819 193,687

Cash Flows From Financing Activities

Cash flows from financing activities shows a mix trend over the period; it becomes positive when equity is injected or debt is
obtained and becomes negative when debt is repaid.
2018 - 19
Interloop Limited Annual Report

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