Statutory Reports and Financial
Consolidated financial statements under Ind AS
Consolidated Statement of Cash Flows
(` in millions, except share and per share data, unless otherwise stated)
For the year ended
March 31, 2022
Cash flows from operating activities:
Profit for the year
Adjustments to reconcile profit for the year to net cash generated from operating activities 122,434
Gain on sale of property, plant and equipment, net Depreciation, amortisation and impairment
expense
Unrealised exchange (gain)/loss, net and exchange gain on borrowings Share-based compensation (313)
expense
Share of net profit of associates accounted for using equity method 30,778
Income tax expense
Finance and other income, net of finance costs (1,021)
(Gain)/loss from sale of business and investment accounted for using the equity method
Gain on derecognition of contingent consideration payable 4,110
Changes in operating assets and liabilities, net of effects from acquisitions
(57)
Trade receivables
Unbilled receivables and contract assets Inventories 28,974
Other assets
Trade payables, other liabilities and provisions Contract liabilities (9,447)
Cash generated from operating activities before taxes
Income taxes paid, net (2,186)
Net cash generated from operating activities
Cash flows from investing activities (301)
Payment for purchase of property, plant and equipment Proceeds from disposal of property, plant
and equipment Payment for purchase of investments
Proceeds from sale of investments (11,833)
Payment into restricted interim dividend account
Payment for business acquisitions including deposits and escrow, net of cash acquired Proceeds (31,396)
from sale of investment accounted for using the equity method
Interest received Dividend received (256)
Net cash generated from/(used in) investing activities
(6,530)
9,695
3,832
136,483
(25,686)
110,797
(20,153)
736
(1,015,486)
953,735
(27,410)
(129,846)
1,652
12,275
(224,495)
For the year ended
March 31, 2021
108,680
(516)
27,634
(2,251)
2,310
(130)
30,349
(16,614)
81
-
12,848
(1,062)
803
931
5,698
3,704
172,465
(24,915)
147,550
(19,577)
753
(1,172,251)
1,189,059
-
(9,873)
- 19,624
4
7,739
Integrated Annual Report 2021-22
227
Consolidated financial statements under Ind AS
Consolidated Statement of Cash Flows
(` in millions, except share and per share data, unless otherwise stated)
For the year ended
March 31, 2022
Cash flows from financing activities
Proceeds from issuance of equity shares and shares pending allotment Repayment of borrowings
Proceeds from borrowings Payment of lease liabilities 6
Payment for buyback of equity shares, including transaction cost Payment of tax on buyback of
equity shares (191,810)
Payment for deferred contingent consideration 260,120
Interest and finance costs paid
Payment of dividend (9,730)
Payment of dividend to Non-controlling interests holders
Net cash generated from/(used in) financing activities -
Net increase in cash and cash equivalents during the year Effect of exchange rate changes on cash
and cash equivalents Cash and cash equivalents at the beginning of the year -
Cash and cash equivalents at the end of the year (Note 15)
(309)
Refer to Note 17 for supplementary information on consolidated statement of cash flows
(5,089)
(5,467)
(1,135)
46,586
(67,112)
1,282
169,663
103,833
For the year ended
March 31, 2021
6
(97,206)
103,418
(8,660)
(95,199)
(21,445)
-
(3,335)
(5,459)
(960)
(128,840)
26,449
(890)
144,104
169,663
The accompanying notes form an integral part of these consolidated financial statements
As per our report of even date attached.
for Deloitte Haskins & Sells LLP For and on behalf of the Board of Directors
Chartered Accountants
Firm's Registration No.: 117366W/W – 100018
Vikas Bagaria Rishad A. Premji Deepak M. Satwalekar Thierry Delaporte
Partner Chairman Director
Chief Executive Officer &
Membership No.: 60408 Managing Director
Jatin Pravinchandra Dalal M. Sanaulla Khan
Chief Financial Officer Company Secretary
Bengaluru
June 8, 2022
228 Wipro Limited | Ambitions Realized
