Name of Transmission Licensee: HPSEB
Cash Flow Statement Form No: S3
All figures in Rs Crores
    Particulars 2005-06 2006-07 2007-08
      Actual Estimated Projection
I   Net Funds from Operations:      
1   A. Net Funds from Earnings:      
    Profit before Tax          (64.89)              (60.50)       (71.27)
  Less:      
    Subsidy and Grants                 -                        -                 -  
    Income Tax payment during the year                 -                        -                 -  
    Total of A          (64.89)              (60.50)       (71.27)
    B. ADD: Debits to Revenue Account not requiring Cash Outflow:      
    (i) Depreciation           12.70                16.72         20.47
    (ii) Amortisation of Deferred Cost                 -                        -                 -  
    (iii) Amortisation of Intangible Assets                 -                        -                 -  
    (iv) Investment Allowance Reserve                 -                        -                 -  
    (v) Others, if any.                 -                        -                 -  
    Total  of B           12.70                16.72         20.47
    C.LESS: Credits to Revenue Account not invloving Cash Receipts:      
    (i) Depreciation                 -                        -                 -  
    (ii)      
    Total of C                 -                        -                 -  
    Net Funds from Earnings  (A+B-C)          (52.19)              (43.79)       (50.80)
           
2   Contributions, Grants and Subsidies towards Cost of Capital Assets 9.54 10.00 50.00
3    Security Deposit from consumers 0.00 0.00 0.00
4   Proceeds from disposal of Fixed Assets 0.00 0.00 0.00
5   Total Funds from Operations (1+2+3+4)          (42.65)              (33.79)         (0.80)
6   Net Increase/(Decrease) in Working Capital:      
    A. Increase/(Decrease) in Current Assets:      
    a) Inventories -0.57 4.96 -1.00
    b) Receivables against sale of power 0.00 0.00 0.00
    c) Loans and Advances -1.32 -1.00 -1.00
    d) Sundry Receivables 10.80 0.00 0.00
    Total of  A             8.91                  3.96         (2.00)
    B. Increase/(Decrease) in Current Liabilities:      
    a) Borrowings for working capital -0.60 -1.00 -1.00
    b)  Other Current liabilities - Power purchase 36.06 70.36 10.51
                                           - Others      
    Total of  B           35.46                69.36           9.51
    Net Increase/(Decrease) in Working Capital    (A - B)          (26.54)              (65.39)       (11.51)
           
7   Net Funds from Operations  before Subsidies & Grants (5-6)          (16.11)                31.60         10.71
8   Receipts from Revenue Subsidies and Grants                 -                        -                 -  
Total I   Net Funds from Operations  including Subsidies & Grants (7+8)          (16.11)                31.60         10.71
           
II   Net Increase /(Decrease) in Capital Liabilities:      
    A. Fresh Borrowings:      
    (a) State Loans         244.11 113.52 93.39
    (b) Foreign currency Loans/Creditrs 0.00 0.00 0.00
    ( c) Other Borrowings             0.03                  0.10         40.10
    Total of A         244.14              113.62       133.49
    B. Repayments:      
  Repayment of Principal      
    (a) State Loans         184.80 265.63 119.59
    (b) Foreign currency Loans/Creditrs 0.00 0.00 0.00
    ( c) Other Borrowings                 -                        -                 -  
           
    Total of B         184.80              265.63       119.59
Total II   Net Increase /(Decrease) in Capital Liabilities (A - B)           59.34            (152.01)         13.90
           
III   Increase/(Decrease) in Equity Capital                 -                        -                 -  
           
IV   Total Funds available for Capital Expenditure (I+II+III)           43.23            (120.41)         24.61
           
V   Funds Utilised on Capital Expenditure:      
    (a) On Projects 34.13 -47.95 120.44
    (b) Released Assets reissued to works 41.03 150.00 57.00
    ( c) Intangible Assets 0.00 0.00 0.00
    (d) Defered Costs 0.00 0.00 0.00
    Total of V           75.16              102.05       177.44
VI   Net Increase/(Decrease) in Investments 0.67 1.00 1.00
VII   Net Increase/(Decrease) in Cash & Bank Balance (IV - V - VI)          (32.61)            (223.46)     (153.83)
VIII   Add: Opening Cash & Bank balances 10.23              (22.38)     (245.83)
IX   Closing Cash & Bank Balances (VII+VIII)          (22.38)            (245.83)     (399.66)