TATA COMMUNICATIONS LANKA LIMITED BALANCE SHEET AS AT 31ST MARCH 2010 31.03.2010 Rs. 31.03.2009 Rs.
Note Assets Non current assets Intangible assets Property, plant and equipment Capital work in progress
10 11 12
1,539,000 237,460,319 3,404,141 242,403,460
2,025,000 183,901,081 5,177,038 191,103,119
Current assets Inventories Trade and other receivables Short term investments Commissioner General of Inland Revenue Deposits, prepayments and advances Cash in hand and at bank Total current assets Total assets Equity and Liabilities Capital and reserves Stated capital Retained earnings Total equity Non current liabilities Retirement gratuity Current liabilities Trade and other payables Deferred tax Bank overdraft Total current Jiabilities Total equity and liabilities
13 14 15 16 17
4,154,893 570,869,028 1,149,297,356
–
1,893,173 416,965,303 929,848,373 36,036 35,626,018 70,192,989 1,454,561,893 1,645,665,012
45,146,069 55,806,453 1;825,273,799 2,067,677,259
18
151,793,580 1,336,935,763 1,488,729,343
151,793,580 1,160,294,981 1,312,088,561
19
1,091,276
2,192,086
20 7 21
568,431,401 8,765,751 659,488 577,856,640 2,067,677,259
331,347,508 36,857 331,384,365 1,645,665,012
1 certify that the financial statements have been prepared in compliance with the requirements of the Companies Act No. 07 of2007.
The Essay on Weighted Average Cost Of Capital: Home Depot, Inc.
Introduction The purpose of this project is to find the Weighted Average Cost of Capital (WACC) for Home Depot. Investopedia.com reveals that the WACC is “a calculation of a firm’s cost of capital in which each category of capital is proportionately weighted. All capital sources – common stock, preferred stock, bonds and any other long-term debt – are included in a WACC ...
…~~…. Head – Finance Date: 05 May 2010
The Board of Directors is responsible for the preparation and presentation of these financial statements. Approved and signed for and on behalf of the Board.
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The accounting policies and notes from 01 to 27 form an integral part of these financial statements. 3
TATA COMMUNICATIONS LANKA LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31ST MARCH 2010
Stated Capital Rs. Balance as at 1st April 2008 Net profit for the year Dividends for the year ended 31st March 2008 Dividends for the year ended 31st March 2009 Balance as at 31st March 2009 Balance as at 1st April 2009 Net profit for the year Dividends for the year ended 31st March 2009 Dividends for the year ended 31st March 2010 Balance as at 31 March 2010 151,793,580
Retained earnings Rs. 796,859,455
Total equity Rs. 948,653,035
151,793,580 151,793,580
469,691,033 (75,896,791 )
(30,358,716) 1,160,294,981 1,160,294,981
469,691,033 (75,896,791)
(30,358,716) 1,312,088,561 1,312,088,561
–
290,485,965 (37,948,395)
(75,896,790) 1,336,935,762
290,485,965 (37,948,395)
(75,896,790) 1,488,729,342
151,793,580
The accounting policies and notes from 01 to 27 form an integral part of these financial statements. Figures in brackets indicate dedcutions.
4
TATA COMMUNICATIONS LANKA LIMITED STATEMENT OF CASH FLOW FOR THE YEAR ENDED 31ST MARCH 2010
2009/2010 Rs. Cash flows from operating activities Net profit before taxation Adjustment for: Depreciation Gratuity provision Allowance for bad and doubtful debts Written off license fee Operating profit before working capital changes Changes in working capital (Increase) in inventories (Increase) in trade and other receivables (Increase) in deposits and prepayments . Increase in trade and other payables Cash generated from operations Income tax paid Retirement benefit paid Net cash from operating activities Cash flows from investing activities Purchase of property, plant and equipment Purchase of capital work in progress Investment in fixed deposits Dividends paid Net cash used in in:vestingactivities Net increase in cash and cash equivalent Cash and cash equivalents at the beginning of the year (Note 22.1) Cash and cash equivalents at the end of the year (Note 22.2) Cash and cash equivalent comprises Cash at bank Bank overdraft 322,769,590 23,163,831 (456,388) 4,832,154 486,000 350,795,188 (2,261,720) (158,699,842) (9,520,050) 220,381,169 49,899,557 400,694,745 (8,443,892) (644,422) 391,606,431 (73,321,430)
The Term Paper on Financial Statement And Cash Flow Analysis
Used to figure out how much money we are earning for: (a) (b) (c) (d) vendors, employees, etc – Cost of Goods Sold, Operating Expenses lenders, bondholders – Interest, government – Taxes, owners/stockholders – Dividends/Retained Earnings Sales (-) Cost of Goods Sold (-) Operating Expenses (-) Depreciation EBIT (-) Interest EBT (-) Taxes Net Income (-) Dividends Additions to ...
2008/2009 Rs. 469,691,033 16,970,215 850,679 3,762,748 486,000 491,760,675 (1,893,173) (189,403,109) (12,252,33) (34,688,627) (238,237,442) 253,523,233 (195,163) 253,328,070 (64,312,766) (4,078,515) (12,957,122) (106,255,507) (187,603,910) 65,724,161 4,431,971 70,156,132 70,192,989 (36,857) 70,156,132
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(219,448,983) (113,845,185) (406,615,598) (15,009,167) 70,156,132 55,146,965 55,806,453 (659,488) 55,146,965
The accounting policies and notes from 01 to 27 form an integral part of these financial statements. Figures in brackets indicate dedcutions.
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