Page 54 - UBF AR 2018 - E Version

STATEMENT OF CASH FLOWS
Year ended 31 March 2018

Notes 2018 2017

Cash Flow from Operating Activities Rs. Rs.

Interest Received 4.1 1,892,813,410 1,296,354,424
85,026,818 90,596,133
Fees and Commission Receipts 4.3
(1,226,261,607) (840,140,034)
Interest Paid 4.2 (32,985,998) (29,854,046)

Fees and Commission Paid 4.3 (394,225,356) (272,048,097)
324,367,267 244,908,380
Payments on Other Operating Activities
(1,103,706,040) (2,024,599,967)
Operating Profit / (Loss) before changes in Operating Assets and Liabilities (20,314,369) 30,706,137

1,116,638,860 1,741,986,604
18,940,826 (17,586,814)
(Increase) / Decrease in Operating Assets:
335,926,544 (24,585,660)
Funds Advanced to Customers 14 (312,500) (317,178)

Others (9,522,814) (16,704,751)
326,091,230 (41,607,589)

342,450 5,265
Increase in Operating Liabilities: (865,691) -
(11,017,728)
Due to Banks and Other Customers 22 6,950,000 (31,235,794)
1,613,371 4,300,000
Others -
431,961 780,854
663,147 -
8,945,906 -
Net Cash used in Operating Activities before Income Tax 7,063,416
(26,149,675)
Retiring Gratuity paid 26 235,180,857
300,060,130 (182,493,686)
Income Tax Paid 535,240,987 -

Net Cash used in Operating Activities 868,395,633 (182,493,686)

49,033,448 (250,250,950)

Cash Flow from Investing Activities 917,429,081 299,284,398

Dividends Received 5 649,915 49,033,448
302,423,276
Purchase of Intangible Assets 18 610,000
455,652,248 (396,008,932)
Purchase of Property, Plant and Equipment 19 158,703,642
917,429,081 444,432,380
Proceeds from Sale of Property Plant and Equipment -

Proceeds from Sale of Gold & Diamond Stocks 49,033,448

Proceeds from Sale of Quoted Equity Securities

Receipt in Unit Trusts

Investments in government securities

Net Cash used in Investing Activities

Cash Flow from Financing Activities

Increase in Borrowings 23

Issues of Share (Right Issue) 27

Net Cash Generated from Financing Activities

Net (Decrease) / Increase in Cash and Cash Equivalents

Cash and Cash Equivalents at Beginning of the Year

Cash and Cash Equivalents at End of the Year

Reconciliation of Cash and Cash Equivalents

Cash in Hand

Balances with Banks (Net of Overdraft)

Cash Collateral on Securities Borrowed and

Reverse Repurchased Agreements - Available for Sale

Investment in Commercial Papers

The Accounting Policies and Notes on pages 53 through 98 form an integral part of these financial statements.

52 UB Finance