FRM 3.00% 9.7¢ farm pride foods limited

where did the cash go?, page-3

  1. 186 Posts.
    30.06.2016

    Curremt Assets : 23.1 M
    Currant Liabilities : 16.7 M
    Working Capital: C.A-C.L = 6.431 M


    31.12.2016

    Current Assets : 26 M
    Current Liabilities : 15.8 M
    Working Capital: CA-C.L = 9.8 M

    Increase in W.C : 9.8 M- 6.431 M= 3.4 M

    Increase in Taxes paid: 3.31 M-2.436= 0.87 M

    Adding increase in W.C , Taxes to OCF:
    OCF: 2.31M + 3.4M + 0.87=6.58M

    which are similar to last HY.

    Your thoughts Brother
 
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