Name of Distribution Licensee: HPSEB
Cash Flow Statement					Form No: S3
					All figures in Rs Crores
		Particulars		PY	CY	EY
				2005-06	2006-07	2007-08
I		Net Funds from Operations:
1		A. Net Funds from Earnings:
		Profit before Tax		193.77	77.15	76.93
		Less:
		Subsidy and Grants		76.85	-	-
		Income Tax payment during the year		-	-	-
		Total of A		116.92	77.15	76.93
		B. ADD: Debits to Revenue Account not requiring Cash Outflow:
		(i) Depreciation		19.67	23.25	25.25
		(ii) Amortisation of Deferred Cost		-	-	-
		(iii) Amortisation of Intangible Assets		-	-	-
		(iv) Investment Allowance Reserve		-	-	-
		(v) Others, if any.		-	-	-
		Total  of B		19.67	23.25	25.25
		C.LESS: Credits to Revenue Account not invloving Cash Receipts:
		(i) Depreciation		-	-	-
		(ii)
		Total of C		-	-	-
		Net Funds from Earnings  (A+B-C)		136.59	100.40	102.18
2		Contributions, Grants and Subsidies towards Cost of Capital Assets		113.13	110.46	120.00
3		Security Deposit from consumers		33.08	-25.89	50.00
4		Proceeds from disposal of Fixed Assets		0.00	0.00	0.00
5		Total Funds from Operations (1+2+3+4)		282.80	184.97	272.18
6		Net Increase/(Decrease) in Working Capital:
		A. Increase/(Decrease) in Current Assets:
		a) Inventories		7.32	24.95	-8.00
		b) Receivables against sale of power		-2.69	177.61	-50.00
		c) Loans and Advances		-1.86	-2.00	-2.00
		d) Sundry Receivables		104.46	-103.42	-46.88
		Total of  A		107.23	97.13	(106.88)
		B. Increase/(Decrease) in Current Liabilities:
		a) Borrowings for working capital		-8.43	-8.00	-8.00
		b)  Other Current liabilities - Power purchase		210.01	571.74	85.42
		- Others
		Total of  B		201.57	563.74	77.42
		Net Increase/(Decrease) in Working Capital    (A - B)		(94.34)	(466.61)	(184.30)
7		Net Funds from Operations  before Subsidies & Grants (5-6)		377.14	651.58	456.48
8		Receipts from Revenue Subsidies and Grants		-	-	-
Total I		Net Funds from Operations  including Subsidies & Grants (7+8)		377.14	651.58	456.48
II		Net Increase /(Decrease) in Capital Liabilities:
		A. Fresh Borrowings:
		(a) State Loans/others		244.11	113.52	93.39
		(b) Foreign currency Loans/Creditrs		0.00	0.00	0.00
		( c) Other Borrowings		0.09	0.50	100.50
		Total of A		244.20	114.02	193.89
		B. Repayments:
		Repayment of Principal
		(a) State Loans/others		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)		59.40	(151.61)	74.30
III		Increase/(Decrease) in Equity Capital		-	-	-
IV		Total Funds available for Capital Expenditure (I+II+III)		436.54	499.97	530.78
V		Funds Utilised on Capital Expenditure:
		(a) On Projects		151.70	89.26	218.99
		(b) Released Assets reissued to works		103.15	80.00	83.00
		( c) Intangible Assets		0.00	0.00	0.00
		(d) Defered Costs		0.00	0.00	0.00
		Total of V		254.85	169.26	301.99
VI		Net Increase/(Decrease) in Investments		11.25	3.00	3.00
VII		Net Increase/(Decrease) in Cash & Bank Balance (IV - V - VI)		170.44	327.71	225.79
VIII		Add: Opening Cash & Bank balances		22.89	193.33	521.04
IX		Closing Cash & Bank Balances (VII+VIII)		193.33	521.04	746.83