Gillette_India_Limited_AR_20

Annual Report 2019-20 79 Company Overview Board's Report MD&A Corporate Governance Financial Statements Gillette India Limited Year ended June 30, 2020 ` in lakhs Year ended June 30, 2019 ` in lakhs C. Cash Flows from Financing Activities Dividend paid on equity shares (8 146) (13 686) Dividend distribution tax (1 659) (2 786) Principal payment of lease liabilities (735) — Interest paid on lease liabilities (2) — Net cash (used in) financing activities (10 542) (16 472) Net increase/(decrease) in cash and cash equivalents 9 077 (9 522) Cash and cash equivalents at the beginning of the year 13 993 23 515 Cash and cash equivalents at the end of the year (refer note 10(a)) 23 070 13 993 Note: The above Cash Flow Statement has been prepared under the “Indirect Method” as set out in the Indian Accounting Standard (Ind AS 7) - Statement of Cash Flows. See accompanying notes to the financial statements for the year ended June 30, 2020 (Contd.) Statement of Cash Flows In terms of our report attached For KALYANIWALLA & MISTRY LLP For and on behalf of Board of Directors Chartered Accountants Firm Regn No : 104607W/W100166 B. S. Mehta Chairman Madhusudan Gopalan Managing Director Daraius Z. Fraser Partner M. No : 42454 Gagan Sawhney Director & Chief Financial Officer Ghanashyam Hegde Company Secretary Place: Mumbai Date: August 26, 2020