Chemalite B

US GAAP

Cash flow statement (direct method)

Cash Flow from Operating Activities
Cash Received from Customers
Cash paid to suppliers and Employees
Material
Labour
Rent
Utilities
Advertising
Research & Development
Insurance
Selling and Admin
Finished goods increase
Interest
Income tax
Net Cash Provided by Operating Activities
Cash Flow from Investing Activities
Purchase of Land, Building
Sale of machinery
Purchase of machinery & Land, Building
Net Cash Used in Investing Activities
Cash Flow from Financing Activities
Buy back of shares
Raise short term debt
Raise Long term debt

1816220
473150
660000
25000
82000
70000
63250
97500
195750
99680
58750
39150

1864230

-425000
215500
-520000

-26000
200000
510000

Dividend paid

-10000

Net Decrease in Cash and Cash Equivalents

Cash and Cash Equivalent at Beginning of Period
Cash and Cash Equivalents at End of Period

US GAAP indirect method

Cash Flow from Operating Activities
Profit after Income tax
Adjustments to Reconcile Net Profit to Cash Flow from Operating Activities
Add:Depreciation
61625
Add:Amortization of patent
25000
Less: Gain on sale of equipment
-24250
0

Operating profit before Changes in Working capital

Less: Increase in Accounts Receivable
Less:Increase in Inventory - Raw material
Less:Increase in Inventory -finished goods

-70030
-20450
-99680

Less:Increase in Prepaid Insurance

Less: Decrease in Taxes payable
Add: increase Deferred taxes

-65000
-950
26730

Net Cash Provided by Operating Activities

Cash Flow from Investing Activities
Purchase of Land
Sale of machinery
Purchase of machinery
Net Cash Used in Investing Activities
Cash Flow from Financing Activities
Buy back of shares
Raise short term debt
Raise Long term debt
Dividend paid

Net Decrease in Cash and Cash Equivalents

Cash and Cash Equivalent at Beginning of Period
Cash and Cash Equivalents at End of Period

-425000
215500
-520000

-26000
200000
510000
-10000

No Accounts payable

1370
-48010

-729500

674000
-103510
113000
9490

118995
Less: increase in CA
Add: Increase in CL
Less: decrease in CL
Add: decrease in CA

62375
181370

62375

-229380
-48010

-729500

674000
-103510
113000
9490

total depn provided dur

depn on new plant
depn on old plant
book value of old plant
proceeds from old plan

66625
56000
10625
191250
215500

Chemalite B
Indian GAAP

Cash flow statement (direct method)

Cash Flow from Operating Activities
Cash Received from Customers
Cash paid to suppliers and Employees
Material
Labour
Rent
Utilities
Advertising
Research & Development
Insurance
Selling and Admin
Income tax
Net Cash Provided by Operating Activities
Cash Flow from Investing Activities
Purchase of Land, Building
Sale of machinery
Purchase of machinery & Land, Building
Net Cash Used in Investing Activities
Cash Flow from Financing Activities
Buy back of shares
Raise short term debt
Raise Long term debt
Interest paid
Dividend paid

1816220
572830
660000
25000
82000
70000
63250
97500
195750
39150

1805480

-425000
215500
-520000

-26000
200000
510000
-58750
-10000

Net Decrease in Cash and Cash Equivalents

Cash and Cash Equivalent at Beginning of Period
Cash and Cash Equivalents at End of Period

Indian GAAP indirect method

Cash Flow from Operating Activities

Profit before Income tax
Adjustments to Reconcile Net Profit to Cash Flow from Operating Activities
Add:Depreciation
61625
Add:Amortization of patent
25000
Less: Gain on sale of equipment
-24250
Add:Interest expense
58750

Operating profit before Changes in Working capital

Less: Increase in Accounts Receivable
Less:Increase in Inventory - Raw material
Less:Increase in Inventory -finished goods
Less:Increase in Prepaid Insurance

-70030
-20450
-99680
-65000

Net Cash Provided by Operating Activities before tax

Income tax paid
Net Cash Provided by Operating Activities after tax
Cash Flow from Investing Activities
Purchase of Land
Sale of machinery
Purchase of machinery
Net Cash Used in Investing Activities
Cash Flow from Financing Activities
Buy back of shares
Raise short term debt
Raise Long term debt
Interest paid
Dividend paid

Net Decrease in Cash and Cash Equivalents

Cash and Cash Equivalent at Beginning of Period
Cash and Cash Equivalents at End of Period

-425000
215500
-520000

-26000
200000
510000
-58750
-10000

10740

-729500

615250
-103510
113000
9490

183925
Less: increase in CA
Add: Increase in CL
Less: decrease in CL
Add: decrease in CA

121125
305050

62375

-255160
49890
-39150
10740

-729500

615250
-103510
113000
9490

total depn provided dur

depn on new plant
depn on old plant
book value of old plant
proceeds from old plan

66625
56000
10625
191250
215500