Consolidated Cash Flow Statement

for the year ended March 31, 2020

` in ‘000s
    Year ended
Year ended
Cash flow from/(used in) operating activities      
Profit before taxes   169,294,471 59,733,445
Adjustments for:      
Depreciation and amortisation   13,696,381 10,453,730
Net (appreciation)/depreciation on investments1   21,809,159 57,889
Provision in respect of non-performing and other assets   89,627,398 176,113,934
General provision for standard assets   34,439,929 2,414,407
Provision for contingencies & others   7,936,906 22,498,491
(Profit)/loss on sale of fixed assets   (1,450) 22,012
Employees stock options grants   114,130 79,246
  (i) 336,916,924 271,373,154
Adjustments for:      
(Increase)/decrease in investments   (315,313,149) 33,463,685
(Increase)/decrease in advances   (692,434,146) (972,978,394)
Increase/(decrease) in deposits   1,194,675,249 955,208,236
(Increase)/decrease in other assets   24,560,834 (31,691,451)
Increase/(decrease) in other liabilities and provisions   271,160,685 314,897,698
  (ii) 482,649,473 298,899,774
Refund/(payment) of direct taxes (iii) (23,918,931) (83,562,401)
Net cash flow from/(used in) operating activities (i)+(ii)+(iii) (A) 795,647,466 486,710,527
Cash flow from/(used in) investing activities      
Purchase of fixed assets   (18,734,522) (11,481,488)
Proceeds from sale of fixed assets   255,374 468,831
(Purchase)/sale of held to maturity securities   (404,605,131) (290,459,494)
Net cash flow from/(used in) investing activities (B) (423,084,279) (301,472,151)
Cash flow from/(used in) financing activities      
Proceeds from issue of share capital (including ESOPs)   5,493,213 3,486,300
Proceeds from long-term borrowings   366,114,451 262,388,237
Repayment of long-term borrowings   (520,006,249) (304,162,713)
Net proceeds/(repayment) of short-term borrowings   187,184,210 (149,997,897)
Dividend and dividend tax paid   (8,863,792) (11,688,270)
Net cash flow from/(used in) financing activities (C) 29,921,833 (199,974,343)
Effect of exchange fluctuation on translation reserve (D) 2,135,244 (1,346,413)
Net increase/(decrease) in cash and cash equivalents (A) + (B) + (C) + (D)   404,620,264 (16,082,380)
Cash and cash equivalents at beginning of the year   873,908,953 889,991,333
Cash and cash equivalents at end of the year   1,278,529,217 873,908,953
  1. Cash and cash equivalents include cash in hand, balances with RBI, balances with other banks and money at call and short notice.

As per our Report of even date.

For Walker Chandiok & Co LLP
Chartered Accountants
ICAI Firm Registration no.:

Sudhir N. Pillai
Membership no.:105782

Date: May 9, 2020

For and on behalf of the Board of Directors

Girish Chandra Chaturvedi

Vishakha Mulye
Executive Director

Rakesh Jha
Group Chief Financial Officer

Uday M. Chitale

Anup Bagchi
Executive Director

Ranganath Athreya
Company Secretary

Sandeep Bakhshi
Managing Director & CEO

Sandeep Batra

Ajay Mittal
Chief Accountant