HT MOBILE SOLUTIONS LIMITED

Cash flow statement for the Year ended March 31, 2016

For the year ended For the year ended Sections from the financial Changes from the
statements used to calculate published Cash Flow
Statements
Particulars Note No. March 31, 2016 March 31, 2015
(Rs. in '000) (Rs. in '000)

A. CASH FLOWS FROM OPERATING ACTIVITIES

Profit before taxation 13,751 4,780 Profit and Loss Statements No Change
Adjustments for:
Depreciation and amortization 10,188 10,244 Profit and Loss Statements No Change
Schedule describing Notes to
No Change
Employee stock option scheme - 166 Financial Statements
Salaries, wages and bonus not paid in cash - 427 Balanec Sheet No Change
Schedule describing Notes to
No Change
Loss on disposal of fixed assets (net) - 4 Financial Statements
Schedule describing Notes to
No Change
Provision for doubtful trade receivable 6,406 780 Financial Statements
Schedule describing Notes to
No Change
(Profit) on sale of fixed assets (net) (4) - Financial Statements
Schedule describing Notes to
No Change
Bad debt written back 1,768 (211) Financial Statements
Schedule describing Notes to
No Change
Interest income (3,825) (2,636) Financial Statements
Operating profit before working capital changes 28,284 13,554
Changes in working capital :
Adjustments for (increase) / decrease in operating assets:
Long term loans and advances (9,413) (2,740) Balance Sheet No Change
Short term loans and advances 15,624 (2,823) Balance Sheet No Change
Other non current assets 1,500 - Balance Sheet No Change
Other current assets (14,769) 15,465 Balance Sheet No Change
Trade receivable (53,460) (25,635) Balance Sheet No Change
Adjustments for increase / (decrease) in operating liabilities: -
Trade payables 53,271 20,927 Balance Sheet No Change
Other current liabilities 4,985 1,465 Balance Sheet No Change
Short-term provisions 34 366 Balance Sheet No Change
Long-term provisions 1,575 1,423 Balance Sheet No Change
Cash generated from operations 27,631 22,002
Schedule describing Notes to
No Change
Net income tax paid (8,802) (8,461) Financial Statements
Net cash flow used in operating activities 18,829 13,541

B. CASH FLOWS FROM INVESTING ACTIVITIES

FA Schedule and Balance
No Change
Capital expenditure on fixed assets, including capital advan (15,431) (6,921) Sheet
FA Schedule and Balance
No Change
Proceeds from sale of fixed assets 42 49 Sheet
Schedule describing Notes to
No Change
Interest received 2,633 2,398 Financial Statements
Net cash used in investing activities (12,756) (4,474)

C. CASH FLOWS FROM FINANCING ACTIVITIES

Schedule describing Notes to
No Change
Proceeds from issue of preference shares including security 30,000 - Financial Statements
Share application money received 30,000 - Balance Sheet No Change
Net cash flow from financing activities 60,000 -

Net increase in cash and cash equivalents (A + B + C) 66,073 9,067

Cash and cash equivalents at the beginning of the year 42,607 33,540
Cash and cash equivalents at the end of the year 108,680 42,607

Reconciliation of Cash and cash equivalents with the

Cash and cash equivalents (Refer Note 3.9) 107,180 42,607 Schedule describing Notes to
No Change
Financial Statements
In other deposit accounts
- original maturity more than 3 months Schedule describing Notes to
No Change
1,500 - Financial Statements
108,680 42,607

See accompanying notes forming part of the finan1 to 3.15

In terms of our report attached

For Deloitte Haskins & Sells For and on behalf of the Board of Directors
Chartered Accountants

Vijay Agarwal
Partner Director Director

Chief Financial officer Company Secretary