Maruti Suzuki India Limited

Corporate Overview Sustainability Annual Integrated Report 2020-21

Value Creation Approach Statutory Reports Financial Statements
Performance

Standalone Financial Statements Consolidated Financial Statements

Statement of Changes in Equity Cash Flow Statement

for the year ended March 31, 2021 for the year ended March 31, 2021
(All amounts in ` million, unless otherwise stated) (All amounts in ` million, unless otherwise stated)

a. Equity share capital

For the For the Year
Notes Page
Particulars Year ended ended
No. No.
Amount 31.03.2021 31.03.2020

Balance at April 01, 2019 1,510 A. Cash flow from Operating Activities:
Changes in equity share capital during the year - Profit before tax 51,594 70,648
Balance at March 31, 2020 1,510 Adjustments for:
Changes in equity share capital during the year - Depreciation and amortisation expense 27 238 30,315 35,257
Balance at March 31, 2021 1,510 Finance costs 26 238 1,008 1,329
Interest income 23 236 (725) (966)
b. Other equity Dividend income 23 236 (136) (904)
Net loss on sale / discarding of property, plant and equipment 28 238-239 590 424
Items of other
Net gain on sale of investments in debt mutual funds 23 236 (411) (1,503)
Reserves and Surplus comprehensive
income Fair valuation gain on investment in debt mutual funds 23 236 (27,713) (29,413)
Equity Total
Liabilities no longer required written back 22 236 - (37)
Reserves Employee Scientific instrument Unrealised foreign exchange (gain)/ loss 621 (768)
Securities General Retained
created on Welfare Research through other
premium reserve earnings Operating Profit before Working Capital changes 55,143 74,067
amalgamation Fund Fund comprehensive
income Adjustments for changes in Working Capital :
Balance at April 01, 2019 9,153 4,241 29,309 407,016 808 772 8,606 459,905 - (Increase)/decrease in other financial assets (non-current) 9 227 (5) (18)
Profit for the year - - - 56,506 - - - 56,506 - (Increase)/decrease in other non-current assets 12 228 (131) (1,549)
Other comprehensive income for the - - - (518) - - (3,899) (4,417) - (Increase)/decrease in inventories 10 227 1,649 1,108
year, net of income tax - (Increase)/decrease in trade receivables 8 226 6,970 3,409
Total comprehensive income for - - - 55,988 - - (3,899) 52,089
- (Increase)/decrease in loans (current) 7 226 (61) (9)
the year
Payment of dividend - - - (24,166) - - - (24,166) - (Increase)/decrease in other financial assets (current) 9 227 74 (713)
Tax on dividend - - - (4,968) - - - (4,968) - (Increase)/decrease in other current assets 12 228 (7,501) (2,416)
Employee welfare fund - - - (750) 750 - - - Increase/(decrease) in non-current provisions 17 233-234 (69) 121
Scientific research fund - - - (750) - 750 - - - Increase/(decrease) in other non-current liabilities 19 235 139 788
Income from Employee welfare fund - - - (117) 117 - - - - Increase/(decrease) in trade payables 20 235 26,783 (21,551)
Expense on Employee welfare fund 132 (132) - Increase/(decrease) in other financial liabilities (current) 16 232 3,110 (2,576)
Balance at March 31, 2020 9,153 4,241 29,309 432,385 1,543 1,522 4,707 482,860 - Increase/(decrease) in current provisions 17 233-234 620 (166)
Profit for the year - - - 42,297 - - - 42,297
- Increase/(decrease) in other current liabilities 19 235 11,774 (2,087)
Other comprehensive income for the - - - 408 - - 4,718 5,126
year, net of income tax
Cash generated from Operating Activities 98,495 48,408
Total comprehensive income for - - - 42,705 - - 4,718 47,423 - Income taxes paid (net) (10,107) (14,357)
the year Net Cash from / (used in) Operating Activities 88,388 34,051
Payment of dividend - - - (18,125) - - - (18,125) B. Cash flow from Investing Activities:
Employee welfare fund - - - (565) 565 - -
Payments for purchase of property, plant and equipment and capital work in 4 221-222 (21,316) (31,936)
Scientific research fund - - - (565) - 565 - - progress
Income from Employee welfare fund - - - (108) 108 - - - Payments for purchase of intangible assets & intangible assets under 5 222 (2,383) (2,423)
Expense on Employee welfare fund - - - 14 (14) - - - development
Balance at March 31, 2021 9,153 4,241 29,309 455,741 2,202 2,087 9,425 512,158 Proceeds from sale of property, plant and equipment 4 221-222 420 369
Payments for purchase of investment in associate/joint venture/subsidiary 6 223-225 (871) (150)
The accompanying notes are forming part of these financial statements company
For and on behalf of the Board of Directors
Proceeds from sale of debt mutual funds 6 223-225 429,195 469,687
In terms of our report attached KENICHI AYUKAWA KENICHIRO TOYOFUKU
For Deloitte Haskins & Sells LLP Managing Director & CEO Director Payments for purchase of debt mutual funds 6 223-225 (448,687) (442,050)
Chartered Accountants DIN: 02262755 DIN: 08619076 Investment in fixed deposits with bank 11.2 228 (30,000) -
JITENDRA AGARWAL AJAY SETH SANJEEV GROVER Interest received 23 236 667 960
Partner Chief Financial Officer Vice President Dividend received 23 236 136 904
& Company Secretary
Net Cash from / (used in) Investing Activities (72,839) (4,639)
ICSI Membership No: F3788
Place: New Delhi Place: Gurugram
Date: April 27, 2021 Date: April 27, 2021

208 209