CASH FLOW STATEMENT OF MANGANESE ORE (INDIA) LIMITED
FOR THE YEAR ENDED 31.3.2005
			Rs. In Lakhs
PARTICULARS		31-3-2005		31-03-2004
		Rs.		Rs.
A.CASH FLOW FROM OPERATING ACTIVITIES
Net profit before tax and dividend		20226.73		4529.43
Adjustment for
Depreciation		838.40		736.79
write off /Provisions		181.04		194.89
Profit   on Sale of Fixed Assets		0.00		0.00
Deferred Revenue Expenditure		474.38		385.23
(Charged during the year)
Write off of Discarded Assets		28.96		20.12
Operating profit before working capital changes		21749.51		5866.46
Adjustment for :
Inventories		-2312.02		895.55
Sundry Debtors		-2153.00		-765.28
Interest Receivable/Accrued		-270.53		-10.79
Loans and Advances -Subsidiary companies
Loans and Advances -Others	454.69			230.99
Loans and Advances -Others	-0.53	454.16		-25.66
Current Liabilities and Provisions		3067.16		829.54
Deferred Revenue Expenditure(Additions)		-365.19		-455.79
Cash Generated from Operations		20170.09		6565.02
Income taxes provision during the year		-7529.65		-1719.17
Net cash from Operating Activities		12640.44		4845.85
B.CASH FLOW FROM INVESTING ACTIVITIES
Purchase of Fixed Assets		-1585.68		-649.97
Sale of Investments (Refund)		0		0.00
Net cash used in Investing Activities		(1585.68)		(649.97)
C.CASH FLOW FROM FINANCING ACTIVITIES
Dividend paid during the year		(920.69)		(459.75)
Net Increase in Cash & Cash Equivalents(A+B+C)		10134.07		3736.13
Opening Cash and Cash Equivalents		7134.77		3398.64
Closing  Cash and Cash Equivalents		17268.84		7134.77
Net Increase/Decrease(-) in cash & Cash Equivalents		10134.07		3736.13
Notes to the Cash Flow statement
Cash and cash equivalent comprises of cash, bank balance and fixed deposit with bank.
This is the Cash Flow referred  to
in Our Report  of even date.
For Rodi Dabir & Co.
Chartered Accountants
Sudhir Dabir                                B.Dasgupta			I M K S Raju
Partner                                    Company secretary		DY. G.M.(Finance)
M A V Gautham		P. M. Reddy
Place :New Delhi                  Director(Finance)		Chairman-cum-Managing Director
Date :26.5.05