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Mukesh Ambani led Reliance Industries Limited ranked 158th on the Fortune Global 500 list of the worlds biggest corporations, as

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Mukesh Ambani led Reliance Industries Limited ranked 158th on the Fortune Global 500 list of the world’s biggest corporations, as of 2015. It contributes about one-fifth of India’s total exports. It has business in energy and materials value chain and in retail and digital services. You are provided with the statement of cash flows of Reliance Industries for the latest two accounting periods. Compare the summarized cash flow statements of these two years and explain the nature of cash flows with their similarities and dissimilarities. Summarize your analysis with a rating of the company on a bankruptcy scale of 1 to 10 (with 1 for highest chances of going bankrupt).

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Reliance Industries Limited Cash Flow Statement for the Year 2014-15 A: CASH FLOW FROM OPERATING ACTIVITIES Net Profit Before Tax as per Profit and Loss Statement Adjusted for: Miscellaneous Expenditure written off Share in Income of Associates Loss on Sale / Discard of Assets (Net) Depreciation / Amortization and Depletion Expense Effect of Exchange Rate Change Net Gain on Sale of Investments Dividend Income Interest Income Finance Costs Operating Profit before Working Capital Changes Year Ended March 3/31/2015 38 (118) 68 11,547 1,364 (3,516) (306) (4,513) 3,316 31,114 7,880 (all figures in crore) Year Ended March 3/31/2014 35 (90) 2 11,201 3,272 (2,493) (175) (5,907) 3,836 28,763 9,681

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Financial Accounting For Management

Financial Accounting For Management

ISBN: 9789385965661

4th Edition

Authors: Neelakantan Ramachandran, Ram Kumar Kakani

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Question Details
Chapter # 4- Cash Flow Statement
Section: Mini Cases
Problem: 1
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Question Posted: August 26, 2023 03:32:55
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