Integrated Filing — IndAS



General information about company

Scrip Code 509631
NSE Symbol HEGAM
MSEI Symbol NOTLISTED
ISIN INE545A01024
Name of company HEG Advanced Materials Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 03-11-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 03-11-2026   14:30:00
End date and time of board meeting 03-11-2026   20:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 42,994.00 72,580.00
Other income 11,665.00 14,497.00
Total income 54,659.00 87,077.00
2 Expenses
(a) Cost of materials consumed 20,312.00 30,077.00
(b) Purchases of stock-in-trade (3,544.00) 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (667.00) (390.00)
(d) Employee benefit expense 4,100.00 7,244.00
(e) Finance costs 1,971.00 3,880.00
(f) Depreciation, depletion and amortisation expense 1,454.00 2,858.00
(f) Other Expenses
1 other 2,638.00 5,574.00
2 Transmission Charges 542.00 772.00
Total other expenses 3,180.00 6,346.00
Total expenses 26,806.00 50,015.00
3 Total profit before exceptional items and tax 27,853.00 37,062.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 27,853.00 37,062.00
6 Tax expense
7 Current tax 6,498.00 10,159.00
8 Deferred tax 466.00 (4.00)
9 Total tax expenses 6,964.00 10,155.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 20,889.00 26,907.00
12 Profit (loss) from discontinued operations before tax 13,438.00 26,161.00
13 Tax expense of discontinued operations 3,720.00 6,928.00
14 Net profit (loss) from discontinued operation after tax 9,718.00 19,233.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 30,607.00 46,140.00
17 Other comprehensive income net of taxes (25.00) (40.00)
18 Total Comprehensive Income for the period 30,582.00 46,100.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 30,666.00 46,540.00
Total profit or loss, attributable to non-controlling interests (59.00) (400.00)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent (25.00) (40.00)
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 6,596.00 6,596.00
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 6.64 8.68
Diluted earnings (loss) per share from continuing operations 6.64 8.68
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 3.09 6.11
Diluted earnings (loss) per share from discontinued operations 3.09 6.11
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 9.73 14.79
Diluted earnings (loss) per share from continuing and discontinued operations 9.73 14.79
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes:- 1 The above unaudited consolidated financial results for the period ended September 30, 2026 were reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors at their meeting held on November 03, 2026 . The Statement has been subjected to limited review by the statutory auditors of the Company and have issued an unmodified review report. 2 The Group, majorly being in a hydro/wind power industry apart from consultancy & BESS, is highly dependent upon the weather/Wind/hydraulic conditions and thus seasonal in nature resulting majority of operations takes place from starting of summer season and upto the end of rainy season, usually within a period of half a year or less (i.e. April to September). Due to this reason, the Group’s financial performance are not directly comparable. 3 These financial results have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 Interim Financial Reporting (Ind AS 34) and other accounting principles generally accepted in India. 4 The Hon’ble National Company Law Tribunal, Indore Bench, vide its Order dated August 13, 2026, approved the Composite Scheme of Arrangement amongst HEG Advanced Materials Limited (formerly “HEG Limited”) (the “Company or “Demerged Company”), HEG Limited (formerly “HEG Graphite Limited”) (“Resulting Company”) and Bhilwara Energy Limited (“Transferor Company”) and their respective shareholders and creditors under Sections 230 to 232 read with other applicable provisions of the Companies Act, 2013 (“Scheme”), inter alia, providing for: i. the demerger of the Graphite Undertaking (includes overseas investment and assets and liabilities pertaining to TAWA power plant) of the Company into the Resulting Company on a going concern basis and issue of equity shares by the Resulting Company to the shareholders of the Company in consideration thereof; and ii. amalgamation of the Transferor Company with the Company and issue of equity shares by the Company to the shareholders of the Transferor Company (except the Company itself) in consideration thereof. The Appointed Date for the Scheme is April 1, 2024 and the Board of Directors of the Company and the Resulting Company took on record the sanction of the Scheme and approved September 1, 2026 as “Effective Date” for the Scheme. Demerger of the Graphite Undertaking of the Company In accordance with the accounting treatment prescribed under the Scheme, the Company has given effect to the demerger of Graphite Undertaking on the Effective Date as follows: a. The assets, liabilities and reserves pertaining to the Graphite Undertaking and transferred to the Resulting Company have been derecognised from the books of accounts of the Company. b. Investment in equity share capital of the Resulting Company held by the Company shall stood cancelled. c. The surplus/deficit arising on account of the difference between the carrying amounts of the assets and liabilities and the reserves pertaining to the Graphite Undertaking transferred to the Resulting Company has been adjusted in capital reserve of the Company. d.The contingent liabilities pertaining to the Graphite Undertaking have been transferred to the Resulting Company. Further, in accordance with Ind AS 105 - Non-current Assets Held for Sale and Discontinued Operations, the results of Graphite Undertaking up to the Effective Date has been disclosed as “Discontinued Operations” in the Statement of profit and loss for the period ended September 30, 2026 and in all comparative financial information. Further, upon the Scheme becoming effective, the assets and liabilities pertaining to the Graphite Undertaking were derecognised from the books of account of the Company. Accordingly, the Balance Sheet as at September 30, 2026 is not directly comparable with the Balance Sheets as at the corresponding previous reporting dates. Amalgamation of Bhilwara Energy Limited (Transferor Company) with the Company Pursuant to the Scheme, the amalgamation of BEL (“Transferor Company”) with the Company has been accounted for using the pooling of interest method, in accordance with Appendix C to Ind AS 103, Business Combinations, and the accounting treatment prescribed under the Scheme. Accordingly, all assets, liabilities and reserves of the Transferor Company have been recognised at their respective carrying amounts w.e.f. the Appointed Date. In accordance with the share exchange ratio specified in the Scheme, upon the Scheme becoming effective, the Company issued fully paid-up equity shares of face value Rs.2 each, to the equity shareholders of the Transferor Company, other than the Company itself as per the scheme as on the record date, i.e., September 1, 2026. Consequent to the amalgamation, the equity shares of the Transferor Company held by the Company stood cancelled as on appointed dated. The difference between the carrying amount of the net assets of the Transferor Company, including reserves transferred pursuant to the Scheme, and the aggregate of (i) the carrying amount of the Company's investment in the Transferor Company cancelled pursuant to the Scheme and (ii) the face value of the equity shares issued by the Company pursuant to the Scheme, has been recognised in capital reserve, in accordance with the accounting treatment prescribed under the Scheme. 5 (a)In case of Malana Power Company Limited (MPCL and it's subsidiary ADHPL):- 'The Company had filed insurance claims for damage of assets at plant and “Business Interruption” (BI) due to flash floods and landslides across many districts of H.P. including Kullu in July 2023, August 2024 and August 2025. During the half year, the Company has received adhoc payment of Rs. 22.45 crores (adhoc payment received till September 30, 2026 aggregates to Rs. 44.90 Crores) from the Insurance Company against the claim filed by the Company pertaining to the loss caused by floods in August 2024. The management is of the view, supported by confirmation from the insurance broker, that the adhoc payment received is part settlement of the claim and has accordingly disclosed the same as Other Income in the Statement of Unaudited Special Purpose Interim Consolidated Financial Results for the quarter and half year ended September 30, 2026. (b)During the previous year, the Government of Himachal Pradesh has made amendments to the Land Revenue Act, 1954 and its associated rules for special assessments whereby it brought Hydro Power Projects within the purview of Land revenue. Based on the above amendment, the revenue authorities had assessed annual land revenue of Rs. 12.76 Crores and Rs. 28.49 Crores of the Company and its subsidiary respectively with effect from February 2, 2026 for the Group. The resultant estimated exposure as at September 30, 2026 aggregates to Rs. 8.43 Crores and Rs. 18.81 Crores for the Company and its subsidiary respectively. The Group filed detailed objections against the assessment with the designated authority and has further filed a writ petition before the Hon’ble High Court of Himachal Pradesh challenging the validity of the amendments and the consequent demand raised by the State Government. In the hearing held on June 29, 2026, the Hon’ble High Court of Himachal Pradesh granted time to file rejoinder and instructed the state of Himachal Pradesh not to take any coercive action against the Group. Based on management’s assessment, supported by opinion of legal counsel, the management is of the view that the Group does not expect to incur any liability and accordingly no provision has been recognised in these financial results. (c)The Income-Tax authorities had conducted survey during the month of August 2026 at the office premises of the Parent and Subsidiary Company. The Management of the respective Companies extended full cooperation to the Income-tax officials during the survey and provided required details, clarifications, and documents. As on the date, the Parent and Subsidiary Company have not received any written communication from the department regarding the outcome of the survey, therefore, the consequent impact on the results, if any, is not ascertainable. Based on the information available, records maintained and facts known to the Management, the Management is of the view that no material adverse impact is expected and, accordingly, no material adjustments are considered necessary in the results for the Unaudited Special Purpose Interim Consolidated Financial Results for the quarter and half year ended September 30, 2026, in this regard. 6.In Case of NJC Hydro Power Limited (NHPL):-The Nyamjang Chhu Hydro Project of the company is on hold for quite some time due to suspension of environment clearance by Hon’ble National Green Tribunal and thereafter Wildlife Institute of India (WII) in its report has mentioned that project could not be undertaken at the project site. As the project is not doable any more, the company decided not to implement the project and sought the refund of upfront premium of Rs.2,546.80 Lakhs from Govt of Arunachal Pradesh (GoAP) invoking the clauses of MoA and presently the matter is under Arbitation with GoAP. However, the mandate of Arbitration tribunal has expired on 30.07.2026 and accordingly arbitration adjuoured sine die. The parties to the proceeding may revive the arbitration provided the mandate of the Tribunal is extended by the Hon'ble Court. The management of the company is evaluating further course of action in this regard. 7.In case of Chango Yangthang Hydro Power Limited (CYHPL):- (a) The management of CYHPL is of the view that the upfront premium deposited at the time of allotment amounting to Rs.3,789.45 Lakhs would be refunded by the Directorate of Energy, Government of Himachal Pradesh on surrender of the project due to the events beyond the control of CYHPL. (b) During the previous period, the CYHPL has acquired 49% equity shareholding in Malana Power Company Limited (“MPCL”) a fellow subsidiary from Statkraft Holding Singapore Pte. Ltd. on 17 November 2025 pursuant to a Share Purchase Agreement dated 09 September 2025. The acquisition consideration has been funded through borrowings from banks and promotor entities, which have been drawn down during the period, and finance costs are being accrued thereon. The CYHPL is also contemplating the acquisition of the remaining 51% equity shareholding in MPCL from its holding company and, upon completion of such acquisition, the management intends to merge MPCL and ADHPL (wholly owned subsidiary of MPCL) with the CYHPL, in accordance with applicable laws and regulatory requirements. The proposed acquisition and merger is being done for consolidating the hydro power asstes of the group in the CYHPL in line with undertaking given by CYHPL to ICICI Bank. 8.Corresponding period figures have been regrouped/reclassified/recast wherever considered necessary, to make them comparable.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1,23,787.00
Capital work-in-progress 66,963.00
Investment property 600.00
Goodwill 1,131.00
Other intangible assets 4,472.00
Intangible assets under development 484.00
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 10,544.00
Trade receivables, non-current 47.00
Loans, non-current 6,417.00
Other non-current financial assets
1 Other 13,448.00
Total of other non-current financial assets 13,448.00
Total non-current financial assets 30,456.00
Deferred tax assets (net) 1,381.00
Other non-current assets
1 Other non-current assets 2,338.00
Total of other non-current assets 2,338.00
Total non-current assets 2,31,612.00
2 Current assets
Inventories 10,053.00
Current financial asset
Current investments 6,716.00
Trade receivables, current 19,246.00
Cash and cash equivalents 24,441.00
Bank balance other than cash and cash equivalents 1,07,843.00
Loans, current 53.00
Other current financial assets
Total of other current financial assets 3,981.00
Total current financial assets 1,62,280.00
Current tax assets (net) 1,045.00
Other current assets
1 Other current assets 38,614.00
Total of other current assets 38,614.00
Total current assets 2,11,992.00
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 4,43,604.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 6,596.00
Other equity 2,43,945.00
Total equity attributable to owners of parent 2,50,541.00
Non controlling interest 438.00
Total equity 2,50,979.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 1,03,592.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 lease Liabilities 292.00
Total of other non-current financial liabilities 292.00
Total non-current financial liabilities 1,03,884.00
Provisions, non-current 1,817.00
Deferred tax liabilities (net) 22,398.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Other non-current liabilities 66.00
Total of other non-current liabilities 66.00
Total non-current liabilities 1,28,165.00
Current liabilities
Current financial liabilities
Borrowings, current 9,510.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 1,422.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 32,985.00
Total Trade payable 34,407.00
Other current financial liabilities
1 Other current financial liabilities 3,635.00
2 Lease Liabilities 119.00
Total of other current financial liabilities 3,754.00
Total current financial liabilities 47,671.00
Other current liabilities 10,017.00
1 Other current liabilities 10,017.00
Total of other current liabilities 10,017.00
Provisions, current 339.00
Current tax liabilities (Net) 6,433.00
Deferred government grants, Current
Total current liabilities 64,460.00
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 1,92,625.00
Total equity and liabilites 4,43,604.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Power 21,220.00 39,938.00
2 Battery energy storage system (BESS) 21,551.00 32,627.00
3 Consultancy 0.00166 0.00329
4 Unallocable items/others 0.00 0.00
5 Graphite 52,645.00 1,20,422.00
Total Segment Revenue 95,582.00 1,93,316.00
Less: Inter segment revenue (57.00) 0.00
Revenue from operations 95,639.00 1,93,316.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Power 18,937.00 30,649.00
2 Battery energy storage system (BESS) (180.00) (1,521.00)
3 Consultancy (69.00) (153.00)
4 Unallocable items/others 586.00 0.00
5 Graphite 8,642.00 21,948.00
Total Profit before tax 27,916.00 50,923.00
i. Finance cost 2,667.00 5,573.00
ii. Other Unallocable Expenditure net off Unallocable income (16,042.00) (17,874.00)
Profit before tax 41,291.00 63,224.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Power 16,090.00 16,090.00
2 Battery energy storage system (BESS) 2,11,314.00 2,11,314.00
3 Consultancy 847.00 847.00
4 Unallocable items/others 87,387.00 87,387.00
5 Graphite 0.00 0.00
Total Segment Asset 3,15,638.00 3,15,638.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 3,15,638.00 3,15,638.00
4 Segment Liabilities
Segment Liabilities
1 Power 23,530.00 23,530.00
2 Battery energy storage system (BESS) 0.00 0.00
3 Consultancy 244.00 244.00
4 Unallocable items/others 17,691.00 17,691.00
5 Graphite 0.00 0.00
Total Segment Liabilities 41,465.00 41,465.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 41,465.00 41,465.00
Disclosure of notes on segments Textual Information(2)



Text Block

Textual Information(2) Segment reporting includes both continuing operations and dis continuing operations



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gains/(losses) on defined benefit plans (31.00) (54.00)
Total Amount of items that will not be reclassified to profit and loss (31.00) (54.00)
2 Income tax relating to items that will not be reclassified to profit or loss (6.00) (14.00)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income (25.00) (40.00)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 37,062.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 8,175.00
Adjustments for decrease (increase) in inventories (3,037.00)
Adjustments for decrease (increase) in trade receivables, current (11,543.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (14,506.00)
Adjustments for decrease (increase) in other non-current assets (3,189.00)
Adjustments for other financial assets, non-current (3,563.00)
Adjustments for other financial assets, current (154.00)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 10,222.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (1,706.00)
Adjustments for increase (decrease) in other non-current liabilities 2,387.00
Adjustments for depreciation and amortisation expense 11,170.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (126.00)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (214.00)
Adjustments for other financial liabilities, non-current 19.00
Adjustments for unrealised foreign exchange losses gains (113.00)
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (5,965.00)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 59.00
Other adjustments to reconcile profit (loss) 26,161.00
Other adjustments for non-cash items 2,093.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 16,170.00
Net cash flows from (used in) operations 53,232.00
Dividends received (101.00)
Interest paid 0.00
Interest received (2,811.00)
Income taxes paid (refund) 7,065.00
Other inflows (outflows) of cash (71.00)
Net cash flows from (used in) operating activities 43,184.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 49,237.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 5,008.00
Purchase of other long-term assets 44,923.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 102.00
Interest received 1,663.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 145.00
Net cash flows from (used in) investing activities (87,242.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 32,500.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 40,449.00
Repayments of borrowings 689.00
Payments of lease liabilities 137.00
Dividends paid 6,523.00
Interest paid 3,942.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (5,353.00)
Net cash flows from (used in) financing activities 56,305.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 12,247.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 12,247.00
Cash and cash equivalents cash flow statement at beginning of period 12,194.00
Cash and cash equivalents cash flow statement at end of period 24,441.00