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
