The profit and loss statement for the year ended 31st March 2017 and the balance sheets as
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The profit and loss statement for the year ended 31st March 2017 and the balance sheets as on 31st March 2016 and 2017 are given below. You are required to prepare the cash flow statement for the year ended 31st March 2017 and explain the main reasons for the decline in cash and cash equivalents.
Other Information:
1. The board of directors of the company has proposed dividend @ 20% amounting to ₹ 926 crore on which dividend distribution tax of ₹ 207 crore is payable.
2. During the year similar dividend and distribution tax pertaining to the previous year was actually paid.
3. Income tax actually paid during the year amounted to ₹ 889 crore.
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