Page 40 - Cgtmse

23 Annual Report 2022-23
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Credit Guarantee Fund Trust for Micro and Small Enterprises
Cash Flow Statement

for the year ended March 31, 2023

Amount (`)
AS AT AS AT
Particulars
MARCH 31, 2023 MARCH 31, 2022
Cash flow from Operating Activities
Excess of Income over expenditure, 44,44,52,694 25,27,01,496
before tax as per Income and
Expenditure Statement
Add: Depreciation debited to Income and 19,45,564 27,23,386
Expenditure A/c
Add: Income Tax Provision W/Back - 33,67,00,000
Provision on guarantee claims debited 32,19,90,00,000 23,21,90,00,000
to Income and Expenditure A/c
Less: Interest on fixed deposits (7,94,91,14,589) (6,24,16,42,252)
Less: Income from mutual fund (12,08,00,467) (5,26,67,893)
24,13,10,30,508 17,26,41,13,241
Cash flow before changes in working 24,57,54,83,202 17,51,68,14,737
capital
Changes in working capital
(Increase) / decline in receivable (54,12,799) 24,91,846
(Increase) / decline in amount - (33,80,38,556)
recoverable from tax authorities
Increase / (decline) in current liabilities 2,81,65,75,326 1,57,17,58,418
2,81,11,62,527 1,23,62,11,708
Changes in cash flow after changes in 27,38,66,45,729 18,75,30,26,445
working capital

Less: Claims paid during the year (18,07,80,36,185) (12,27,38,90,742)
Advance tax paid (79,91,45,094) (69,77,50,847)
(18,87,71,81,279) (12,97,16,41,589)
Net Cash Flow Generated / (Used) 8,50,94,64,450 5,78,13,84,856
From Operating Activities (A)
Cash flow from Investing Activities
(Acquisition) / disposals of fixed assets (13,22,788) (4,33,262)
during the year
Addition to investments during the year (94,59,39,60,129) (10,12,34,87,570)
Net Cash Flow Used In Investing (94,59,52,82,917) (10,12,39,20,832)
Activities (B)
Cash flow from Financing Activities
Increase corpus during the year 80,00,00,00,000
Interest income on Mutual Funds 12,08,00,467 5,26,67,893
Interest income on investments 7,94,91,14,589 6,24,16,42,252

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