Percentage

Cash flows from operating activities 16 July 2019 16 July 2018 Rupee Change change
Profit for the year 393,746,484 372,881,508 20,864,976 6%
Adjustment for :
Depreciation/ Amortization on PPE/ Investment Property
& Intangible Assets 76,612,737 83,074,578 (6,461,841) -8%
Loss/(gain) on sale of Property, plant & equipment
Increase/Decrease in Trade receivables 13,152,383 1,781,687 11,370,696 638%
Increase/Decrease in Employee Loan (271,059) (350,502) 79,443 -23%
Increase/Decrease in other Assets (5,598,423) (1,658,081) (3,940,342) 238%
Increase/Decrease in Inventories 3,580,950 107,978 3,472,972 3216%
Increase/Decrease in Trade payables 9,126,879 (20,655,327) 29,782,206 -144%
Increase/Decrease in Provisions 2,086,498 7,174,012 (5,087,514) -71%
Increase/Decrease in Current Loan & Borrowings 47,209,234 20,685,000 26,524,234 128%
Increase/Decrease in Non-current Employee Benefits 1,973,000 11,533 1,961,467 17007%
Increase/Decrease in Current Employee Benefits 1,193,281 (310,092) 1,503,373 -485%
Increase/Decrease in Income tax assets & liabilities (4,398,367) (31,613,234) 27,214,867 -86%
Increase/Decrease in other Liabilities 19,589,058 2,096,520 17,492,538 834%
Cash generated from Operations 558,002,655 433,225,579 124,777,076 29%
Finance cost 40,384,757 63,528,549 (23,143,792) -36%
Income Tax paid 79,111,559 69,787,230 9,324,329 13%
Net cash Flows from Operating Activities (A) 519,275,853 426,966,898 92,308,955 22%
Proceeds from sale of PPE
Acquisition of PPE (178,901,840) (48,427,452) (130,474,388) 269%
Net cash Flows from Investing Activities (B) (178,901,840) (48,427,452) (130,474,388) 269%
Cash flow from Financing Activities
Finance cost (40,384,757) (63,528,549) 23,143,792 -36%
Proceeds from non-current borrowings (53,674,174) (174,759,891) 121,085,717 -69%
Cash & cash Dividend for tax purpose (105,716,223) (49,170,336) (56,545,887) 115%
Net cash flows from Financing Activities© (199,775,154) (287,458,776) 87,683,622 -31%
Net Increase in Cash and Cash Equivalents(A+B+C) 140,598,859 91,080,670 49,518,189 54%
Cash and Cash Equivalents at the beginning 393,874,791 302,794,120 91,080,671 30%
Cash and Cash Equivalents at the end 534,473,650 393,874,791 140,598,859 36%
Oriental Hotel
 July 16 2019 July 16 2018
Particulars Amount Percent Amount Percent
Cash flows from operating activities
Profit for the year 393,746,484 280% 372,881,508 409%
Adjustment for :
Depreciation/ Amortization on PPE/ Investment Property & Intangible
Assets 76,612,737 54% 83,074,578 91%

Loss/(gain) on sale of Property, plant & equipment 0% 0%

Increase/Decrease in Trade receivables 13,152,383 9% 1,781,687 2%
Increase/Decrease in Employee Loan (271,059) 0% (350,502) 0%
Increase/Decrease in other Assets (5,598,423) -4% (1,658,081) -2%
Increase/Decrease in Inventories 3,580,950 3% 107,978 0%
Increase/Decrease in Trade payables 9,126,879 6% (20,655,327) -23%
Increase/Decrease in Provisions 2,086,498 1% 7,174,012 8%
Increase/Decrease in Current Loan & Borrowings 47,209,234 34% 20,685,000 23%
Increase/Decrease in Non-current Employee Benefits 1,973,000 1% 11,533 0%
Increase/Decrease in Current Employee Benefits 1,193,281 1% (310,092) 0%
Increase/Decrease in Income tax assets & liabilities (4,398,367) -3% (31,613,234) -35%
Increase/Decrease in other Liabilities 19,589,058 14% 2,096,520 2%
Cash generated from Operations 558,002,655 397% 433,225,579 476%
Finance cost 40,384,757 29% 63,528,549 70%
Income Tax paid 79,111,559 56% 69,787,230 77%
Net cash Flows from Operating Activities (A) 519,275,853 369% 426,966,898 469%
Proceeds from sale of PPE 0% 0%
Acquisition of PPE 178,901,840 127% (48,427,452) -53%
Net cash Flows from Investing Activities (B) (178,901,840) -127% (48,427,452) -53%
Cash flow from Financing Activities
Finance cost (40,384,757) -29% (63,528,549) -70%
Proceeds from non-current borrowings (53,674,174) -38% (174,759,891) -192%

Cash & cash Dividend for tax purpose (105,716,223) -75% (49,170,336) -54%
Net cash flows from Financing Activities© (199,775,154) -142% (287,458,776) -316%
Net Increase in Cash and Cash Equivalents(A+B+C) 140,598,859 100% 91,080,670 100%
Cash and Cash Equivalents at the beginning 393,874,791 280% 302,794,120 332%
Cash and Cash Equivalents at the end 534,473,650 380% 393,874,791 432%

Hyatt
 Particulars July 16,2019 July 16,2018 Rupee change Percent
change
Cash flows from operating activities
Profit before tax of year 353,229,204 281,075,195 72,154,009 26%
Non-cash Adjustments :
Depreciation 139,033,192 122,751,558 16,281,634 13%
Profit/(loss) on sale of Immovable Assets (264,148) 264,148 -100%
Provision for Staff Bonus 44,721,769 36,052,614 8,669,155 24%
Tax Assessment 90,456,195 76,611,804 13,844,391 18%
Cash flow Before prior to changes in working 627,440,360 516,227,023 111,213,337 22%
capital
Cash flow prior to changes in working capital
Current Assets Decrease/(Increase )
Decrease/(Increase) in Closing Stock 2,641,554 (464,901) 3,106,455 -668%
Increase/Decrease in Trade and other receivables (7,779,849) 63,925,570 (71,705,419) -112%
Increase/Decrease in Loan, Advances and (464,865) (43,955,500) 43,490,635 -99%
guarantee
Increase/Decrease in Prepaid 412,454 (620,436) 1,032,890 -166%
Increase/(Decrease) Long Term Employee 2,380,823 47,294,929 (44,914,106) -95%
Service
Non-Current Liabilities Increase/(Decrease )
Increase/Decrease in Trade creditors (103,307,061) 82,069,257 (185,376,318) -226%
Increase/(Decrease) in Other Non-Financial 4,477,140 (2,528,366) 7,005,506 -277%
Liabilities
Increase/(Decrease) in Other Financial Liabilities (4,982,691) (9,880,160) 4,897,469 -50%
cash flows from Operating Activities 520,817,865 651,767,419 (130,949,554) -20%
Bonus Expenses (35,994,453) (35,731,701) (262,752) 1%
Provision For Tax (96,193,076) (92,638,155) (3,554,921) 4%
Net Cash flow from Operating Activities(A) 388,630,336 523,397,563 (134,767,227) -26%
Cash flow from Investing Activities
Fixed Assets Purchase (17,465,190) (100,230,350) 82,765,160 -83%
Fixed Assets Sales/Disposal 4,944,345 14,269,921 (9,325,576) -65%
Invest on Fixed Deposit (215,300,000) (102,400,000) (112,900,000) 110%
Net cash Flows from Investing Activities (B) (227,820,845) (188,360,429) (39,460,416) 21%
Cash flow from Financing Activities
Increase/(Decrease) in long term loan (4,899,310) (4,563,170) (336,140) 7%
Increase/(Decrease) in Dividend (118,456,377) (65,304,721) (53,151,656) 81%
Net cash flows from Financing Activities (C ) 123,355,687 69,867,891 53,487,796 77%
Net Increase in Cash and Cash 37,453,804 265,169,244 (227,715,440) -86%
Equivalents(A+B+C)
Cash and Cash Equivalents at the beginning 337,949,024 72,779,781 265,169,243 364%
Cash and Cash Equivalents at the end 375,402,828 337,949,024 37,453,804 11%

July 16 2019 July 16 2018

Particulars
 Amount Percent Amount Percent
Cash flows from operating activities
Profit before tax of year 353,229,204 943% 281,075,195 106%
Non-cash Adjustments :
Depreciation 139,033,192 371% 122,751,558 46%
Profit/(loss) on sale of Immovable Assets 0% (264,148) 0%
Provision for Staff Bonus 44,721,769 119% 36,052,614 14%
Tax Assessment 90,456,195 242% 76,611,804 29%
Cash flow Before prior to changes in working capital 627,440,360 1675% 516,227,023 195%
Cash flow prior to changes in working capital
Current Assets Decrease/(Increase )
Decrease/(Increase) in Closing Stock 2,641,554 7% (464,901) 0%
Increase/Decrease in Trade and other receivables (7,779,849) -21% 63,925,570 24%
Increase/Decrease in Loan, Advances and guarantee (464,865) -1% (43,955,500) -17%
Increase/Decrease in Prepaid 412,454 1% (620,436) 0%
Increase/(Decrease) Long Term Employee Service 2,380,823 6% 47,294,929 18%
Non-Current Liabilities Increase/(Decrease )
Increase/Decrease in Trade creditors (103,307,061) -276% 82,069,257 31%
Increase/(Decrease) in Other Non-Financial Liabilities 4,477,140 12% (2,528,366) -1%
Increase/(Decrease) in Other Financial Liabilities (4,982,691) -13% (9,880,160) -4%
cash flows from Operating Activities 520,817,865 1391% 651,767,419 246%
Bonus Expenses (35,994,453) -96% (35,731,701) -13%
Provision For Tax (96,193,076) -257% (92,638,155) -35%
Net Cash flow from Operating Activities(A) 388,630,336 1038% 523,397,563 197%
Cash flow from Investing Activities
Fixed Assets Purchase (17,465,190) -47% (100,230,350) -38%
Fixed Assets Sales/Disposal 4,944,345 13% 14,269,921 5%
Invest on Fixed Deposit (215,300,000) -575% (102,400,000) -39%
Net cash Flows from Investing Activities (B) (227,820,845) -608% (188,360,429) -71%
Cash flow from Financing Activities
Increase/(Decrease) in long term loan (4,899,310) -13% (4,563,170) -2%
Increase/(Decrease) in Dividend (118,456,377) -316% (65,304,721) -25%
Net cash flows from Financing Activities (C ) 123,355,687 329% 69,867,891 26%
Net Increase in Cash and Cash Equivalents(A+B+C) 37,453,804 100% 265,169,244 100%
Cash and Cash Equivalents at the beginning 337,949,024 72,779,781
Cash and Cash Equivalents at the end 375,402,828 337,949,024

Soaltee
Percent
Particulars July 16,2019 July 16,2018 Rupee change change
 Cash flows from operating activities
Profit before tax of year 383,913,140 362,099,698 21,813,442 6%
Adjustment for :
Dividend Income (500,000) (500,000) - 0%
Loss/(gain) on sale of Property, plant & equipment -2,095,046 (1,325,488) (769,558) 58%
Interest Income on Term and Call Deposits -9,219,153 (8,503,569) (715,584) 8%
Incremental Interest Income on Staff Loans on Amortized Cost -1,566,544 (3,666,491) 2,099,947 -57%
Amortization of Deferred Employee Benefit Expense 4,735,935 2,484,437 2,251,498 91%
Impairment allowance on Trade Receivables 5,000,000 5,000,000 - 0%
Provision for bonus 38,391,314 36,209,969 2,181,345 6%
Depreciation/Amortization on PPE, Investment Property & Intangible
Assets 80,367,208 60,276,017 20,091,191 33%
Finance cost 730,350 816,518 (86,168) -11%
Operating cash flows before changes in Working Capital 499,757,204 452,891,091 46,866,113 10%
Increase/Decrease in Trade and other receivables (3,821,350) 9,906,281 (13,727,631) -139%
Increase/Decrease in Inventories (8,809,833) (2,538,812) (6,271,021) 247%
Increase/Decrease in Prepayments (2,126,682) (2,587,787) 461,105 -18%
Increase/Decrease in Trade and other payables 38,223,040 37,273,849 949,191 3%
Increase/Decrease in Employee Benefits 24,374,345 (4,943,375) 29,317,720 -593%
Cash generated from Operations 547,596,724 490,001,247 57,595,477 12%
Bonus Paid (36,209,969) 25,266,710 (61,476,679) -243%
Income Tax paid (96,986,520) (59,172,086) (37,814,434) 64%
Net cash Flows from Operating Activities (A) 414,400,235 405,562,451 8,837,784 2%
Cash flow from Investing Activities
Proceeds from sale of PPE 5,951,765 2,507,566 3,444,199 137%
Acquisition of PPE, Investment Property and Intangible Assets (276,514,019) (358,363,490) 81,849,471 -23%
Increase in Investments (20,000,000) (81,200,000) 61,200,000 -75%
Dividend Income 500,000 500,000 - 0%
Interest Income on Term and Call Deposits 9,219,153 8,503,569 715,584 8%
Net cash Flows from Investing Activities (B) (280,843,101) (428,052,355) 147,209,254 -34%
Cash flow from Financing Activities
Finance cost (730,350) (816,518) 86,168 -11%
Repayment of borrowings (932,008) (845,838) (86,170) 10%
Recovery of cash for fractional bonus share 5,265 5,245 20 0%
Dividend Paid Net (106,129,368) (34,583,465) (71,545,903) 207%
Net cash flows from Financing Activities (C ) (107,786,458) (36,240,576) (71,545,882) 197%
Net Increase in Cash and Cash Equivalents(A+B+C) 25,770,676 58,730,480 (32,959,804) -56%
Cash and Cash Equivalents at the beginning 169,383,147 228,113,627 (58,730,480) -26%
Cash and Cash Equivalents at the end 195,153,823 169,383,147 25,770,676 15%

Particulars Amount Percent Amount2 Percent2

 Cash flows from operating activities
Profit before tax of year 383,913,140 1490% 362,099,698 617%
Adjustment for :
Dividend Income (500,000) -2% (500,000) -1%
Loss/(gain) on sale of Property, plant & equipment -2,095,046 -8% (1,325,488) -2%
Interest Income on Term and Call Deposits -9,219,153 -36% (8,503,569) -14%
Incremental Interest Income on Staff Loans on Amortized Cost -1,566,544 -6% (3,666,491) -6%
Amortization of Deferred Employee Benefit Expense 4,735,935 18% 2,484,437 4%
Impairment allowance on Trade Receivables 5,000,000 19% 5,000,000 9%
Provision for bonus 38,391,314 149% 36,209,969 62%
Depreciation/Amortization on PPE, Investment Property & Intangible
Assets 80,367,208 312% 60,276,017 103%
Finance cost 730,350 3% 816,518 1%
Operating cash flows before changes in Working Capital 499,757,204 1939% 452,891,091 771%
Increase/Decrease in Trade and other receivables (3,821,350) -15% 9,906,281 17%
Increase/Decrease in Inventories (8,809,833) -34% (2,538,812) -4%
Increase/Decrease in Prepayments (2,126,682) -8% (2,587,787) -4%
Increase/Decrease in Trade and other payables 38,223,040 148% 37,273,849 63%
Increase/Decrease in Employee Benefits 24,374,345 95% (4,943,375) -8%
Cash generated from Operations 547,596,724 2125% 490,001,247 834%
Bonus Paid (36,209,969) -141% 25,266,710 43%
Income Tax paid (96,986,520) -376% (59,172,086) -101%
Net cash Flows from Operating Activities (A) 414,400,235 1608% 405,562,451 691%
Cash flow from Investing Activities
Proceeds from sale of PPE 5,951,765 23% 2,507,566 4%
Acquisition of PPE, Investment Property and Intangible Assets (276,514,019) -1073% (358,363,490) -610%
Increase in Investments (20,000,000) -78% (81,200,000) -138%
Dividend Income 500,000 2% 500,000 1%
Interest Income on Term and Call Deposits 9,219,153 36% 8,503,569 14%
Net cash Flows from Investing Activities (B) (280,843,101) -1090% (428,052,355) -729%
Cash flow from Financing Activities
Finance cost (730,350) -3% (816,518) -1%
Repayment of borrowings (932,008) -4% (845,838) -1%
Recovery of cash for fractional bonus share 5,265 0% 5,245 0%
Dividend Paid Net (106,129,368) -412% (34,583,465) -59%
Net cash flows from Financing Activities (C ) (107,786,458) -418% (36,240,576) -62%
Net Increase in Cash and Cash Equivalents(A+B+C) 25,770,676 100% 58,730,480 100%
Cash and Cash Equivalents at the beginning 169,383,147 657% 228,113,627 388%
Cash and Cash Equivalents at the end 195,153,823 757% 169,383,147 288%

Horizontal Analysis of Cash flow Statement

 Summary of Horizontal Analysis of Cash Flow Statement of Oriental Hotels Limited Lazimpat, Kathmandu
Particulars July 16 2019 July 16 2018 Rupee Change Percent
change
Cash flow from operating activities 519,275,853 426,966,898 92,308,955 22%

Cash flow from investing activities (178,901,840) (48,427,452) (130,474,388) 269%

Cash flow from financing activities (199,775,154) (287,458,776) 87,683,622 -31%

Net Increase in Cash and Cash

Equivalents(A+B+C) 140,598,859 91,080,670 49,518,189 54%
Cash and Cash Equivalents at the
beginning 393,874,791 302,794,120 91,080,671 30%
Cash and Cash Equivalents at the end 534,473,650 393,874,791 140,598,859 36%

Summary of Horizontal Analysis of Cash Flow Statement of Soaltee Hotel Limited

Particulars July 16 July 16 Rupee Percent
2019 2018 change change
Cash flow from operating activities 414,400,235 405,562,451 8,837,784 2%

Cash flow from investing activities (280,843,101) 147,209,254 -34%

(428,052,355)
Cash flow from financing activities (107,786,458) (36,240,576) (71,545,882) 197%

Net Increase in Cash and Cash

Equivalents(A+B+C) 25,770,676 58,730,480 (32,959,804) -56%
Cash and Cash Equivalents at the
beginning 169,383,147 228,113,627 (58,730,480) -26%
Cash and Cash Equivalents at the end 195,153,823 169,383,147 25,770,676 15%

Summary of Horizontal Analysis of Cash Flow Statement of Hyatt Regency Kathmandu

Particulars July 16 2019 July 16 Rupee Percent
2018 change change
Cash flow from operating activities 388,630,336 523,397,563 (134,767,227) -26%

Cash flow from investing activities (227,820,845) (188,360,429) (39,460,416) 21%

Cash flow from financing activities 123,355,687 69,867,891 53,487,796 77%

Net Increase in Cash and Cash 37,453,804 265,169,244 (227,715,440) -86%

Equivalents(A+B+C)
Cash and Cash Equivalents at the 337,949,024 72,779,781 265,169,243 364%

beginning
Cash and Cash Equivalents at the end 375,402,828 337,949,024 37,453,804 11%