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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Where is KGAL cash ?

Where is KGAL cash ?

3 posters

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1Where is KGAL cash ? Empty Where is KGAL cash ? Mon Jun 03, 2013 6:49 pm

nirowat


Manager - Equity Analytics
Manager - Equity Analytics
Wonder if someone can help.

Looking at the financial report, KGAL has over 2b in short term investments, which should generate a significant amount of interest. But the statement only show a interest cost.

Where is the interest income gone ?

2Where is KGAL cash ? Empty Re: Where is KGAL cash ? Tue Jun 04, 2013 9:50 pm

nirowat


Manager - Equity Analytics
Manager - Equity Analytics
Anyone ?

3Where is KGAL cash ? Empty Re: Where is KGAL cash ? Wed Jun 05, 2013 5:47 pm

Jana1


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
it could be bond or other investments with less than 1 year..Should be disclosed in audited Financial statement irrespective of the cash flow

4Where is KGAL cash ? Empty Re: Where is KGAL cash ? Wed Jun 05, 2013 5:54 pm

The Alchemist


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@nirowat wrote:Wonder if someone can help.

Looking at the financial report, KGAL has over 2b in short term investments, which should generate a significant amount of interest. But the statement only show a interest cost.

Where is the interest income gone ?

It is mentioned in Statement of Comprehensive Income as "Other Operating Income", which is approx Rs 40 Mill for the quarter and approx Rs 193 Mill for the year.

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