Cash Flow Statment

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK
BANGALORE
UNIVERSITY
A STUDY ON
CASH FLOW STATEMENT
IN
SARASWAT COOPERATIVE BANK
Submitted in the partial fulfillment for the award of
BACHELOR OF BUSINESS MANAGEMENT DEGREE BY
BANGALORE UNIVERSITY
SATHISH.M
(REG.NO.112FC18017)
Under the guidance of
ASST. PROFESSOR.LALATENDU MISHRA
M.PHIL
DEPARTMENT OF COMMERCE
NO.8p & 9p, opposite Infosys gate 4, electronic city phase 1,

Electronic city, Bangalore, Karnataka 560100
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LIST OF CONTENTS
Sl.
Contents
number
Page
number
CERTIFICATE OF COLLEGE
CERTIFICATE OF COMPANY
CERTIFICATE OF GUIDE
DECLARATION
ACKNOWLEDGEMENT
LIST OF TABLES
LIST OF GRAPH
Executive summary
CHAPTER1:INTRODUCTION
11-37
CHAPTER 2:RESEARCH METHODOLOGY
38-42
10
CHAPTER 3:COMPANY PROFILE
43-47
11
CHAPTER 4:DATA ANALYSIS AND
48-61
12
INTERPRETATION
FINDINGS
62-63
13
CONCLUSIONS AND IMPLEMENTATION
64-65
14
ANNEXURE
15
BIBILOGRAPHY
10
66-94
9596
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8P & 9P KIADB industrial area
ELECTRONIC CITY 1 PHASE
BANGALORE - 560100
CERTIFICATE
Certificate that the dissertation titled A study on cash flow statement on saraswat
cooperative bank ltd is based on the original project study conducted by Mr.Sathish.m bearing
register no.112FC18017 under the guidance of Mr. LALATENDU MISHRA
He has attended the required guidance sessions held. This project report has not formed a basis
for the reward of any degree/diploma of any university or institution.
HOD
principal
Department of management
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GUIDE CERTIFICATE
This is to certify that this project report entitle A study on cash flow statement of
saraswat cooperative bank ltd is an original project study conducted by
Sathish.m bearing register no 112FC18017 under my guidance for the partial
fulfillment of the requirement for the award of degree of bachelor of business
management of Bangalore university during the academic year 2013-2014. He has
attended required guidance sessions held. This project report has not formed a
basis for the award of any other degree/diploma of any university or institution.
LALATENDU MISHRA
Professor in commerce
IFIM COLLEGE BANGALORE
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DECLARATION
I hereby declare that this project report entitled A study on cash flow statement
on saraswat cooperative bank ltd has been prepared by me under the
supervisions and guidance of LALATENDU MISHRA professor in commerce, IFIM
College in partial fulfillment of the requirement for the award Bachelor of business
management of Bangalore University during the academic year 2013-2014
I further declare that this project is based on an original work conducted by me and
no part of thereof has been duplicate in any other reports submitted to the
university or institution
Place: Bangalore
Date:
SATHISH.M
Reg.no.112FC18017
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ACKNOWLEDGMENT
This project report is combined effort of various individuals and it gives me great
pleasure, I feel duty bound to acknowledge all of them,
I thank prof, LALATENDU MISHRA my college guide, who tirelessly helped me

every step of the way in putting this project together & the faculty members of
IFIM College for the kind support.
I would also like to thank the principal of IFIM College for his constant motivation
and words of encouragement to push forward steadily and work hard on this
project. My overriding debt to my family members and friends for their support
and inspiration needed to prepare this report successfully.
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Sl.no
1
List of Tables
4.1 TABLE SHOWING NET CASH FROM
Page no
49
OPERATING ACTIVITIES
51
INVESTING ACTTIVIIES
53
FINANCING ACTIVITIES
55
4.4 TABLE SHOWING NET CASH AND CASH
EQUIVALENTS
57
4.5 TABLE SHOWING OPENING CASH AND
CASH EQUIVALENTS
59
4.6 TABLE SHOWING CLOSING CASH AND
CASH EQUIVALENTS
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Sl.no
1
List of graphs
4.1. 1GRAPH SHOWING NET CASH FROM
Page no
50
OPERATING ACTIVITIES
52
4.2.1 GRAPH SHOWING NET CASH FROM
INVESTING ACTIVITIES
54
4.3.1 GRAPH SHOWING NET CASH FROM
FINANCING ACTIVITIES
56
4.4.1 GRAPH SHOWING NET CASH AND
CASH EQUIVALENTS
58
4.5.1 GRAPH SHOWING OPENING CASH
AND CASH EQUIVALENTS
60
4.6.1 GRAPH SHOWING CLOSING CASH AND
CASH EQUIVALENTS
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EXECUTIVE SUMMARY
A study on cash flow statement on saraswat cooperative bank was undertaken to know about the
financial statements of saraswat cooperative bank. To provide information about the cash inflows
and cash outflows from operating, financing and investing activities of the firm.
Accrual based financial statements reflect assets, liabilities, revenues and expenses, And not just
cash receipts and payments. The presentation of a cash flow statement is thus a required
component of a complete set of financial statements. The cash flow statement essentially
provides information about how an entity raised. The cash required to fund its activities, and the
manner in which the cash was used during the period, the cash flow statement represents the
movement in the opening and closing cash and cash equivalents for a particular period. Outflows
were as a result of operating, investing and financing activities.
The amounts reflected in the financial statements therefore have to be adjusted for any
Non-cash transactions in order to arrive at the cash inflows and outflows for the Period.
Non-cash transactions include, for example, depreciation, amortization,
Impairment losses, fair value adjustments, and unrealized foreign exchange gains
And losses.
Cash equivalents are short-term, highly liquid investments that an entity can readily convert to
known amounts of cash.
The cash flow statement should present major classes of gross receipts and
Payments from financing, investing and operating activities.
1. Financing activities represent activities that result in changes in the size and composition of
the contributed capital and borrowings of the entity.
2. Investing activities represent the acquisition and disposal of long-term assets and
Other investments not included in cash equivalents. Included in investing activities
Are the aggregate cash flows arising from acquisitions.
3. Operating activities represent the revenue producing activities of the entity, and are all
activities that are not investing or financing activities.
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INTRODUCTION
INTRODUCTION
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History of bank
The origins of modern banking can be traced to medieval and early Renaissance Italy, The Bardi
and Peruzzi families dominated banking in 14th century Florence, establishing branches in many
other parts of Europe. One of the most famous Italian banks was the Medici Bank, set up by
Giovanni di Bicci de' Medici in 1397.
Modern banking practice, including fractional reserve banking and the issue of banknotes,
emerged in the 17th and 18th centuries. Merchants started to store their gold with the goldsmiths
of London, who possessed private vaults, and charged a fee for that service.
The sealing of the Bank of England Charter (1694).

Gradually the goldsmiths began to lend the money out on behalf of the depositor, which led to
the development of modern banking practices; promissory notes (which evolved into banknotes)
were issued for money deposited as a loan to the goldsmith.
The Bank of England was the first to begin the permanent issue of banknotes, in 1695. The
Royal Bank of Scotland established the first overdraft facility in 1728. By the beginning of the
19th century a bankers' clearing house was established in London to allow multiple banks to
clear transactions. The Rothschild's pioneered international finance on a large scale, financing
the purchase of the Suez Canal for the British government.
The oldest bank still in existence is Monte dei Paschi di Siena, headquartered in Siena, Italy,
which has been operating continuously since 1472. It is followed by Berenberg Bank of
Hamburg (1590) and Sveriges Riksbank of Sweden (1668).
Origin of the word
The word bank was borrowed in Middle English from Middle French banque, from Old Italian
banca, from Old High German bank, bank "bench, counter". Benches were used as desks or
exchange counters during the Renaissance by Florentine bankers, who used to make their
transactions atop desks covered by green tablecloths.
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One of the oldest items found showing money-changing activity is a silver Greek drachm coin
from ancient Hellenic colony Trapezus on the Black Sea, modern Trabzon, c. 350325 BC,
presented in the British Museum in London.
Definition
The definition of a bank varies from country to country.
Under English common law, a banker is defined as a person who carries on the business of
banking, which is specified as:
conducting current accounts for his customers,
paying cheques drawn on him/her, and
collecting cheques for his/her customers.
In most common law jurisdictions there is a Bills of Exchange Act that codifies the law in
relation to negotiable instruments, including cheques, and this Act contains a statutory definition
of the term banker: banker includes a body of persons, whether incorporated or not, who carry on
the business of banking' (Section 2, Interpretation). Although this definition seems circular, it is
actually functional, because it ensures that the legal basis for bank transactions such as cheques
does not depend on how the bank is structured or regulated.
The business of banking is in many English common law countries not defined by statute but by
common law. In other English common law jurisdictions there are statutory definitions of the
business of banking or banking business. When looking at these definitions it is important to
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keep in mind that they are defining the business of banking for the purposes of the legislation,
and not necessarily in general. In particular, most of the definitions are from legislation that has
the purposes of entry regulating and supervising banks rather than regulating the actual business
of banking. However, in many cases the statutory definition closely mirrors the common law
one. Examples of statutory definitions:
"banking business" means the business of receiving money on current or deposit account,
paying and collecting cheques drawn by or paid in by customers, the making of advances
to customers, and includes such other business as the Authority may prescribe for the
purposes of this Act; (Banking Act (Singapore), Section 2, Interpretation).
"banking business" means the business of either or both of the following:
1. receiving from the general public money on current, deposit, savings or other similar
account repayable on demand or within less than [3 months] ... or with a period of call or
notice of less than that period;
2. Paying or collecting checks drawn by or paid in by customers.
Since the advent of EFTPOS (Electronic Funds Transfer at Point Of Sale), direct credit, direct
debit and internet banking, the cheque has lost its primacy in most banking systems as a payment
instrument. This has led legal theorists to suggest that the cheque based definition should be
broadened to include financial institutions that conduct current accounts for customers and
enable customers to pay and be paid by third parties, even if they do not pay and collect checks.
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Banking
Standard activities
Large door to an old bank vault.

Banks act as payment agents by conducting checking or current accounts for customers, paying
cheques drawn by customers on the bank, and collecting cheques deposited to customers' current
accounts. Banks also enable customer payments via other payment methods such as Automated
Clearing House (ACH), Wire transfers or telegraphic transfer, EFTPOS, and automated teller
machine (ATM).
Banks borrow money by accepting funds deposited on current accounts, by accepting term
deposits, and by issuing debt securities such as banknotes and bonds. Banks lend money by
making advances to customers on current accounts, by making installment loans, and by
investing in marketable debt securities and other forms of money lending.
Banks provide different payment services, and a bank account is considered indispensable by
most businesses and individuals. Non-banks that provide payment services such as remittance
companies are normally not considered as an adequate substitute for a bank account.
Banks can create new money when they make a loan. New loans throughout the banking system
generate new deposits elsewhere in the system. The money supply is usually increased by the act
of lending, and reduced when loans are repaid faster than new ones are generated. In the United
Kingdom between 1997 and 2007, there was a big increase in the money supply, largely caused
by much more bank lending, which served to push up property prices and increase private debt.
The amount of money in the economy as measured by M4 in the UK went from 750 billion to
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1700 billion between 1997 and 2007, much of the increase caused by bank lending.
[15]
If all the
banks increase their lending together, then they can expect new deposits to return to them and the
amount of money in the economy will increase. Excessive or risky lending can cause borrowers
to default, the banks then become more cautious, so there is less lending and therefore less
money so that the economy can go from boom to bust as happened in the UK and many other
Western economies after 2007.
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Introduction of cash:
Cash is the basic input needed to keep the operations of the business going on a
continuing basis; it is also the final output expected to be realized by selling the product
manufactured by the manufacturing unit. Cash is the both the beginning and the end of the
business operations.
Sometimes, it so happens that a business unit earns sufficient profit, but in spite of this it
is not able to pay its liabilities when they become due. Therefore, a business should be always
try to keep sufficient cash, neither more nor less because shortage of cash will threaten the firms
liquidity and solvency, whereas excessive cash will not be fruitful utilized, will simply remain
ideal and affect the profitability of a concern. Effective cash management, therefore, implies a
proper balancing between the two conflicting objectives of liquidity
The management of cash also assumes importance because it is difficult to predict cash
inflows and outflows accurately and there is no perfect coincidence between the inflows and
outflows of cash giving rise to either cash outflows exceeding inflows or cash inflows exceeding
outflows. Cash flow statement is one important tool of cash management because it throws light
on cash inflows and cash outflows of a particular period.
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Meaning of Cash Flow Statement
A cash flow statement is more useful because it gives detailed information to the management
about the sources of cash inflows and outflows. A cash flow statement can be defined as a
statement which summarizes sources of cash inflows and uses of cash outflows of a firm during a
particular period of time, say a month or a year. Such a statement can be prepaid from the data
made available from balance sheet, profit and loss account and additional information. This
statement reports cash receipts and payments classified according to entities major activities
operating, investing and financing during the period a format that reconciles the beginning and
ending cash balances. It reports a net cash inflow or net cash outflow for each activity and for
the overall business. It also reports from where cash has come and how it has been spent.
Objectives of Cash Flow Statement

Information about the cash flows of an enterprise is useful in providing users of
financial statements with a basis to assess the ability of the enterprise to
generate cash and cash equivalents and the needs of the enterprise to utilize
those cash flows. The economic decisions that are taken by users require an
evaluation of the ability of an enterprise to generate cash and cash equivalents
and the timing and certainty of their generation.
The Statement deals with the provision of information about the historical
changes in cash and cash equivalents of an enterprise by means of a cash flow
statement which classifies cash flows during the period from operating, investing and
financing activities.
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Scope
1. Consolidated cash flow is a financial statement that presents information about the companys
cash receipts and disbursements during the accounting period.
2. The purpose of cash flow statement is to provide information on sources and uses of cash and
cash equivalents during the period of accounting during the period of accounting and cash
reconciliation at the beginning of the period with cash at the end of the period plus the cash
equivalent balances.
3. The general form of cash flow statement shows cash receipts and disbursements are divided in
to 3 categories, namely: cash flow from operating activities, cash flows from investing activities
and cash flows arising from financing activities.
4. Operating activities are the principal revenue-producing activities of the company (principal
revenue producing activities) and other activities they are not investing activities and financing
activites.cash flows from operating activities can be reported with the use of two methods, either
directly or indirectly.
5. Investment activities are the acquisitions and disposal of long-term assets and other
investments that do not include cash equivalents.
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Usefulness of Cash Flow Statement
Cash Flow Statement is very useful to the management for short term planning due
to the following reasons:-
(i) Predict future cash flows. This statement is often using as an indicator of the amount,
timing and certainty of future cash flows on the basis of what happened in the past. This approach
is better than accrual basis data presented by profit and loss account and balance sheet.
(ii) Determine the ability to pay dividends and other commitments. This statement
indicates the sources and uses of cash under operating, investing and financing activities, helps
share holders to know whether the business can make the payment of amount of dividends on their
investments in shares and creditors to receive interest and principal amount in time.
(iii) Show the relationship of net income to changes in the business cash. Generally
there is direct relation between net income and cash. I net income leads to increase in cash and vise
versa. But there may be a situation where a companys net income is high but decrease in cash
balance and increase in cash balance when net income is low. Every user is interested to know the
reasons or difference between the net income and net cash provided by operations. The net income
generally tells the progress of the business while cash flow relates to the liquidity of business. The
uses or helped to assess the reliability of net profit with the help of this statement.
(iv) Efficiency in Cash Management. This statement is very useful to the management in
evaluating financial policies and cash position. It will help the management to make the reliable
cash flow projections for the immediate future and will tell surplus or deficiency of cash so that
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management may be able to make plan for investment of surplus cash or to tap the sources where
from the deficiency is to be met. Thus it is an important financial tool for the management as it
helps in the efficient cash management.
(v) Discloses Movement of Cash. Previous year cash flow statement when compared with
the budget of that year will indicate as to what extent the resources of the enterprise were raised and
applied. Actual results when compared with the original forecast may highlight the trend of the
movement of cash that may otherwise remain undetected,
(vi) Discloses Success or Failure of Cash Planning.
A Comparison of projected
Cash flow Statement with the actual Cash flow Statement will reveal the success or failure of cash
planning and incase of failure, necessary remedial steps can be taken to improve the position. It
also provides better measure for inter period and inter firm comparison.
(vii) Evaluate Management Decision. This statement, by providing information relating

to companies investing and financial activities, gives the investors and creditors about cash flow
information which help them evaluate management decisions.
(viii) Enhances the Comparability of Report.
It enhance the comparability of the
reporting of operating performances by different enterprises, because it eliminates the effect of

using different accounting treatments for the same transactions and events.
Advantages of cash flow statement

1. It shows the actual cash position available with the company between the two balance
sheet dates which funds flow and profit and loss account are unable to show and therefore
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it is important to make a cash flow report if you want to know about the liquidity position
of the company.
2. It helps the company in making accurate projections regarding the future liquidity
position of the company and hence arrange for any shortfall in money by making
arrangements in advance and if there is excess than it can help the company in earning
extra return out if idle funds.
3. It acts like a filter and is used by many analyst and investors to judge whether company
has prepared the financial statements properly or not because if there is any discrepancy
in the cash position as shown by balance sheet with cash flow statement than it means
that statements are incorrect.
Disadvantages of cash flow statement
1. Since it shows only cash position, it is not possible to arrive at actual profit and loss of
the company by just looking at this statement alone.
2. In isolation this is of no use and it requires other financial statements like balance sheet,
profit and loss etc, and therefore limiting its use
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Definitions
A cash flow statement is more useful because it gives detailed information to the management
about the sources of cash inflows and outflows. A cash flow statement can be defined as a
statement which summarizes sources of cash inflows and uses of cash outflows of a firm during a
particular period of time, say a month or a year. Such a statement can be prepaid from the data
made available from balance sheet, profit and loss account and additional information. This
statement reports cash receipts and payments classified according to entities major activities
operating, investing and financing during the period a format that reconciles the beginning and
ending cash balances. It reports a net cash inflow or net cash outflow for each activity and for
the overall business. It also reports from where cash has come and how it has been spent.
The following terms are used in this Statement with the meanings specified:
(i) Cash comprises cash on hand and demand deposits with banks.
(ii) Cash equivalents are short term, highly liquid investments that are readily convertible
into known amounts of cash and which are subject to an insignificant risk of changes in value.
(iii) Cash flows are inflows and outflows of cash and cash equivalents.
(iv) Operating activities are the principal revenue-producing activities of the enterprise
and other activities that are not investing or financing activities.
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(v) Investing activities are the acquisition and disposal of long-term assets and other
investments not included in cash equivalents.
(vi) Financing activities are activities that result in changes in the size and composition
of the owners capital (including preference share capital in the case of a company) and
borrowings of the enterprise.
CLASSIFICATION OF CASH FLOWS
(i)
Cash Flows from Operating Activities
The amount of cash flows arising from operating activities is a key indicator of the extent
to which the operations of the enterprise have generated sufficient cash flows to maintain the
operating capability of the enterprise, pay dividends, repay loans and make new investments
without recourse to external sources of financing. Information about the specific components
of historical operating cash flows is useful, in conjunction with other information, in
forecasting future operating cash flows.
Cash flows from operating activities are primarily derived from the principal revenueproducing activities of the enterprise. Therefore, they generally result from the
transactions and other events that enter into the determination of net profit or loss. Examples
of cash flows from operating activities are:
(a)
Cash receipts from the sale of goods and the rendering of services;
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(b)
Cash receipts from royalties, fees, commissions and other revenue;
(c)
Cash payments to suppliers for goods and services;
(d)
Cash payments to and on behalf of employees;
(e)
Cash receipts and cash payments of an insurance enterprise for premiums and
claims, annuities and other policy benefits;
(f)
Cash payments or refunds of income taxes unless they can be specifically
identified with financing and investing activities; and
(g)
Cash receipts and payments relating to futures contracts, forward contracts, option
contracts and swap contracts when the contracts are held for dealing or trading purposes.
Some transactions, such as the sale of an item of plant, may give rise to a gain or loss which
is included in the determination of net profit or loss. However, the cash flows relating to such
transactions are cash flows from investing activities.
An enterprise may hold securities and loans for dealing or trading purposes, in which case
they are similar to inventory acquired specifically for resale. Therefore, cash flows arising from
the purchase and sale of dealing or trading securities are classified as operating activities.
Similarly, cash advances and loans made by financial enterprises are usually classified as
operating activities since they relate to the main revenue-producing activity of that enterprise.
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(ii)
Cash Flows from Investing Activities

The separate disclosure of cash flows arising from investing activities is important because
the cash flows represent the extent to which expenditures have been made for resources intended
to generate future income and cash flows. Examples of cash flows arising from investing
activities are:
(a)
Cash payments to acquire fixed assets (including intangibles). These payments
include those relating to capitalized research and development costs and self-constructed fixed
assets;
(b)
Cash receipts from disposal of fixed assets (including intangibles);
(c)
Cash payments to acquire shares, warrants or debt instruments of other
enterprises and interests in joint ventures (other than payments for those instruments
considered to be cash equivalents and those held for dealing or trading purposes);
(d)
Cash receipts from disposal of shares, warrants or debt instruments of other
enterprises and interests in joint ventures (other than receipts from those instruments considered
to be cash equivalents and those held for dealing or trading purposes);
(e)
Cash advances and loans made to third parties (other than advances and loans made
by a financial enterprise);
(f)
Cash receipts from the repayment of advances and loans made to third parties
(other than advances and loans of a financial enterprise);
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(g)
Cash payments for futures contracts, forward contracts, option contracts and swap
contracts except when the contracts are held for dealing or trading purposes, or the payments are
classified as financing activities; and
(h)
Cash receipts from futures contracts, forward contracts, option contracts and swap
contracts except when the contracts are held for dealing or trading purposes, or the receipts are
classified as financing activities.
When a contract is accounted for as a hedge of an identifiable position, the cash flows of the
contract are classified in the same manner as the cash flows of the position being hedged.
(3) Cash flow from financing Activities
The separate disclosure of cash flows arising from financing activities is important because
it is useful in predicting claims on future cash flows by providers of funds (both capital and
borrowings) to the enterprise. Examples of cash flows arising from financing activities are:
(a)
Cash proceeds from issuing shares or other similar instruments;
(b)
Cash proceeds from issuing debentures, loans, notes, bonds, and other short or
long term borrowings;

(c)
Cash repayments of amounts borrowed.
(d)
Cash payments to redeem preference shares and
(e)
Payment of dividend.
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Preparation 0f cash flow statement

An organization should prepare a cash flow statement according to the Account standard3. The following basic information is required for the preparation for the cash flow statement:
(1) Balance Sheets. Balance sheets at the beginning and at the end of the accounting period
are required to indicate the amount of changes that have taken place in assets and
liabilities and capital.
(2) Profit and loss account. This account of the current period enables to determine the
amount of cash provided by or used in operating activities during the accounting period
after making adjustments for non cash current assets and current liabilities.
(3) Additional data. In addition to the above statements, additional data are collected to
determine how cash has been provided or used e.g. sale or purchase of asset for cash.
This statement is prepared in three stages as given below:
1. cash flow operating activities
2. Cash flows from investing activates
3. Cash flow from financing activities
These are discussed one by one
1. Net profit before taxation and extraordinary items. This will not be equal to the net profit as
reported in the profit and loss account. It is so because of taxation and certain non operating
items (e.g., loss or profit on sale of fixed assets, dividend received or paid, amount transferred to
general, provision for taxation, fictitious assets written of etc.) charged to the profit and loss
account . Tax paid and non-operating items are adjusted to the figure of profit or loss in order to
get the net profit before taxation and extraordinary items.
2. Cash flows from operating, investing and financing activities. Net profit before taxation and
extraordinary items is further adjusted with reference to depreciation in order to get the figure of
operating profit before working capital changes. This figure is further adjusted for changes in
current assets (except cash)/bank balance), current liabilities and tax paid deducted to get the
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amount of net cash provided or used by operating activities. All the increases in current assets
except cash and decreases in current liabilities decrease cash. It is so because increase in debtors
takes place as current sales are greater than cash collections; inventories increase when the
current cost of goods purchased is more than the current cost of goods sold leading to reduction
in cash. Increase in prepaid expenses reduces cash from operations because more cash is paid
than is required for their current services. Likewise, decrease in current liabilities reduces cash
from operations because decrease in current liabilities takes place when they are paid in cash.
Similarly all decreases in current assets except cash and increases in current liabilities increase
cash from operations. Creditors would increase because current purchases are more than the cash
paid to them during the current period. Decrease in prepaid expenses indicates that less payment
has been made for services than are currently used, i.e., some cash has been saved causing an
increase in cash from operations.
Changes in fixed assets and fixed liabilities have not been adjusted as these are shown
separately in the cash flow statement. It is so because current assets (i.e., debtors as a result of
credit sales, inventories as a result of purchases and sales and prepaid expenses caused by
operating expenses) and current liabilities (i.e., creditors because of credit purchases and
outstanding expenses caused by non-payment of some of the expenses of the current period) are
directly related to operations.
Reporting Cash Flows from Operating Activities.
An enterprise should report cash flows from operating activities using either:
(a) the direct method, whereby major classes of gross cash receipts and gross cash
payments are disclosed; or
(b) the indirect method, whereby net profit or loss is adjusted for the effects of
transactions of a non-cash nature, any deferrals or accruals of past or future
operating cash receipts or payments, and items of income or expense associated
with investing or financing cash flows.
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The direct method provides information which may be useful in estimating future cash
flows and which is not available under the indirect method and is, therefore, considered
more appropriate than the indirect method. Under the direct method, information about
major classes of gross cash receipts and gross cash payments may be obtained either:
(a) From the accounting records of the enterprise; or
(b) By adjusting sales, cost of sales (interest and similar income and interest expense and
similar charges for a financial enterprise) and other items in the statement of profit
and loss for:
i)
changes during the period in inventories and operating receivables and

payables;
ii)
other non-cash items; and
iii) other items for which the cash effects are investing or financing cash flows
Under the indirect method, the net cash flow from operating activities is determined
by adjusting net profit or loss for the effects of:
(a) Changes during the period in inventories and operating receivables and payables;
(b) non-cash items such as depreciation, provisions, deferred taxes, and unrealized
foreign exchange gains and losses; and
(c)
All other items for which the cash effects are investing or financing cash flows.
Alternatively, the net cash flow from operating activities may be presented under the indirect
method by showing the operating revenues and expenses excluding non-cash items disclosed in
the statement of profit and loss and the changes during the period in inventories and operating
receivables and payables.
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PAGE 31
Reporting Cash Flows from Investing and Financing Activities

An enterprise should report separately major classes of gross cash receipts and gross cash
payments arising from investing and financing activities, except to the extent that cash flows
described in paragraphs 22 and 24 are reported on a net basis.
Reporting Cash Flows on a Net Basis

Cash flows arising from the following operating, investing or financing activities may
be reported on a net basis:
(a) cash receipts and payments on behalf of customers when the cash flows reflect the
activities of the customer rather than those of the enterprise; and
(b) Cash receipts and payments for items in which the turnover is quick, the amounts are
large, and the maturities are short.
Examples of cash receipts and payments referred to in paragraph 22(a) are:
(a)
the acceptance and repayment of demand deposits by a bank;
(b)
funds held for customers by an investment enterprise; and

c) Rents collected on behalf of, and paid over to, the owners of properties
Examples of cash receipts and payments referred to in paragraph 22(b) are advances made for,
and the repayments of:
(a) principal amounts relating to credit card customers;
(b) the purchase and sale of investments; and
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PAGE 32

(c) Other short-term borrowings, for example, those which have a maturity period of
three months or less.
Cash flows arising from each of the following activities of a financial enterprise may be reported
on a net basis:
(a) cash receipts and payments for the acceptance and repayment of deposits with a fixed
maturity date;
(b) the placement of deposits with and withdrawal of deposits from other financial
enterprises; and
Cash advances and loans made to customers and the repayment of those advances and loans
Special items
1 Foreign Currency Cash Flows
Cash flows arising from transactions in a foreign currency should be recorded in an enterprises
reporting currency by applying to the foreign currency amount the exchange rate between the
reporting currency and the foreign currency at the date of the cash flow. A rate that approximates
the actual rate may be used if the result is substantially the same as would arise if the rates at the
dates of the cash flows were used. The effect of changes in exchange rates on cash and cash
equivalents held in a foreign currency should be reported as a separate part of the reconciliation of
the changes in cash and cash equivalents during the period.
Cash
flows
consistent
with
denominated
Accounting
in
foreign
Standard
currency
(AS)
11,
are
reported
Accounting
for
in
manner
the
Effects
of
Changes in Foreign Exchange Rates. This permits the use of an exchange rate that approximates
the actual rate. For example, a weighted average exchange rate for a period may be used for
recording foreign currency transactions.
Unrealized gains and losses arising from changes in foreign exchange rates are not cash
flows. However, the effect of exchange rate changes on cash and cash equivalents held or due
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PAGE 33

in a foreign currency is reported in the cash flow statement in order to reconcile cash and cash
equivalents at the beginning and the end of the period. This amount is presented separately from
cash flows from operating, investing and financing activities and includes the differences,
if any, had those cash flows been reported at the end-of-period exchange rates
2 Extraordinary Items
The cash flows associated with extraordinary items should be classified as arising from
operating, investing or financing activities as appropriate and separately disclosed.
The cash flows associated with extraordinary items are disclosed separately as arising
from operating, investing or financing activities in the cash flow statement, to enable users to
understand their nature and effect on the present and future cash flows of the enterprise. These
disclosures are in addition to the separate disclosures of the nature and amount of extraordinary
items required by Accounting Standard (AS) 5, Net Profit or Loss for the Period, Prior Period
Items and Changes in Accounting Policies
3
Interest and Dividends

Cash flows from interest and dividends received and paid should each be disclosed
separately. Cash flows arising from interest paid and interest and dividends received in the
case of a financial enterprise should be classified as cash flows arising from operating activities.
In the case of other enterprises, cash flows arising from interest paid should be classified as cash
flows from financing activities while interest and dividends received should be classified as
cash flows from investing activities. Dividends paid should be classified as cash flows from
financing activities.
The total amount of interest paid during the period is disclosed in the cash flow
statement whether it has been recognized as an expense in the statement of profit and loss or
capitalized in accordance with Accounting Standard (AS) 10, Accounting for Fixed Assets.
Interest paid and interest and dividends received are usually classified as operating cash
flows for a financial enterprise. However, there is no consensus on the classification of
these cash flows for other enterprises. Some argue that interest paid and interest and
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PAGE 34

dividends received may be classified as operating cash flows because they enter into the
determination of net profit or loss. However, it is more appropriate that interest paid and
interest and dividends received are classified as financing cash flows and investing cash
flows respectively, because they are cost of obtaining financial resources or returns on
investments.
Some argue that dividends paid may be classified as a component of cash flows from
operating activities in order to assist users to determine the ability of an enterprise to pay dividends
out of operating cash flows. However, it is considered more appropriate that dividends paid
should be classified as cash flows from financing activities because they are cost of obtaining
financial resources.
4
Taxes on Income
Cash flows arising from taxes on income should be separately disclosed and should
be classified as cash flows from operating activities unless they can be specifically identified with
financing and investing activities.
Taxes on income arise on transactions that give rise to cash flows that are classified as operating,
investing or financing activities in a cash flow statement. While tax expense may be readily
identifiable with investing or financing activities, the related tax cash flows are often
impracticable to identify and may arise in a different period from the cash flows of the
underlying transactions. Therefore, taxes paid are usually classified as cash flows from operating
activities. However, when it is practicable to identify the tax cash flow with an individual
transaction that gives rise to cash flows that are classified as investing or financing activities, the
tax cash flow is classified as an investing or financing activity as appropriate. When tax cash
flow are allocated over more than one class of activity, the total amount of taxes paid is
disclosed
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PAGE 35

5. Investments in Subsidiaries, Associates and Joint Ventures
When accounting for an investment in an associate or a subsidiary or a joint venture, an
investor restricts its reporting in the cash flow statement to the cash flows between itself and
the investee/joint venture, for example, cash flows relating to dividends and advances.
6 Acquisitions and Disposals of Subsidiaries and Other Business Units

The aggregate cash flows arising from acquisitions and from disposals of
subsidiaries or other business units should be presented separately and classified as investing
activities.
An enterprise should disclose, in aggregate, in respect of both acquisition and disposal of
subsidiaries or other business units during the period each of the following:
(a) the total purchase or disposal consideration; and
(b) The portion of the purchase or disposal consideration discharged by means of cash and
cash equivalents.
The separate presentation of the cash flow effects of acquisitions and disposals of subsidiaries
and other business units as single line items helps to distinguish those cash flows from other
cash flows. The cash flow effects of disposals are not deducted from those of acquisitions.
7 Non-cash Transactions
Investing and financing transactions that do not require the use of cash or cash equivalents
should be excluded from a cash flow statement. Such transactions should be disclosed elsewhere
in the financial statements in a way that provides all the relevant information about these
investing and financing activities
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PAGE 36

Many investing and financing activities do not have a direct impact on current cash flows
although they do affect the capital and asset structure of an enterprise. The exclusion of noncash transactions from the cash flow statement is consistent with the objective of a cash flow
statement as these items do not involve cash flows in the current period. Examples of non-cash
transactions are:
(a) the acquisition of assets by assuming directly related liabilities;
(b) the acquisition of an enterprise by means of issue of shares; and
(c) The conversion of debt to equity.
Components of Cash and Cash Equivalents
An enterprise should disclose the components of cash and cash equivalents and
should present a reconciliation of the amounts in its cash flow statement with the
equivalent items reported in the balance sheet.
In view of the variety of cash management practices, an enterprise discloses the policy
which it adopts in determining the composition of cash and cash equivalents.
The effect of any change in the policy for determining components of cash and cash
equivalents is reported in accordance with Accounting Standard (AS) 5, Net Profit or Loss for
the Period, Prior Period Items and Changes in Accounting Policies.
Other Disclosures
An enterprise should disclose, together with a commentary by management, the amount
of significant cash and cash equivalent balances held by the enterprise that are not available for
use by it.
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PAGE 37

There are various circumstances in which cash and cash equivalent balances held by an
enterprise are not available for use by it. Examples include cash and cash equivalent balances
held by a branch of the enterprise that operates in a country where exchange controls or other legal
restrictions apply as a result of which the balances are not available for use by the enterprise.
Additional information may be relevant to users in understanding the financial
position and liquidity of an enterprise. Disclosure of this information, together with a
commentary by management, is encouraged and may include:
(a) the amount of undrawn borrowing facilities that may be available for future operating
activities and to settle capital commitments, indicating any restrictions on the use of
these facilities; and
(b) The aggregate amount of cash flows that represent increases in operating capacity
separately from those cash flows that are required to maintain operating capacity.
The separate disclosure of cash flows that represent increases in operating capacity and
cash flows that are required to maintain operating capacity is useful in enabling the user to
determine whether the enterprise is investing adequately in the maintenance of its operating
capacity. An enterprise that does not invest adequately in the maintenance of its operating capacity
may be prejudicing future profitability for the sake of current liquidity and distributions to
owners.
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PAGE 38
RESEARCH DESIGN
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PAGE 39

RESEARCH DESIGN
STATEMENT OF THE PROBLEM:
A financial statement contains income statement showing sales, Revenues, tax, expenses etc. on
the other side; the balance sheet shows the liabilities and assets position during the year.
The study of financial performance is composed of the following:
1. Analysis of the liquidity and between current liabilities and assets.
2. Analysis of the liquidity and profitability of the current assets and current liabilities.
3. Analysis of the long term financial of the firm over a period of time
4.
Cash Marketable securities receivable and inventories
The study takes into consideration the external analyst point of view and with the help of the past
and latest financial statements, financial position, will try to be analyzed impartially.
OBJECTIVES OF THE STUDY:
Based on the information furnished in the financial statements, various objectives of the cash
flow statement
Indicate the primary purpose of the statement of cash flows.
Distinguish among operating, investing, and financing activities.
To tell how much cash came in during the period, how much cash went out and what the net
cash flow was during the period.
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PAGE 40

Prepare a statement of cash flows using one of two approaches: (a) the indirect method or (b)
the direct method
SCOPE OF STUDY:
The scope of the study is confined to detail analysis of cash flow statement in saraswat
cooperative bank ltd
1.
An enterprise should prepare a cash flow statement and should present it for each
period for which financial statements are presented.

2.
Users of an enterprises financial statements are interested in how the
enterprise generates and uses cash and cash equivalents.

This is the case regardless of the nature of the enterprises activities and irrespective of
whether cash can be viewed as the product of the enterprise, as may be the case with a
financial enterprise.
Enterprises need cash for essentially the same reasons, however different their principal
revenue-producing activities might be.
They need cash to conduct their operations, to pay their obligations, and to provide
returns to their investors.
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PAGE 41

METHODOLOGY:
The schedule that was planned to be executed or the methodology of approach may be explained as follows.
Indirect Method
The indirect method uses a company's net income, as reported from its income statement, as a
starting point before making adjustments for all cash and non-cash related items to arrive at a
cash position. Cash from operating activities lists net income and adds non-cash expenses such
as depreciation to net income. Because the company actually does not spend cash when it
depreciates equipment, financial analysts view this as an addition to the cash position. An
increase in accounts receivable is a cash expense, as the company must finance its sales before it
collects the actual money from the sale. Conversely, an increase in accounts payable is a net
increase in cash since the company defers making a payment until a later period.
TOOLS FOR DATA COLLECTION:

The data so collected from various annual reports & financial Statements for 5 years
Been classified & tabulated for better understanding & to give a complete picture at 1 place.
TOOLS FOR ANALYSIS:

The tabulated data has been analyzed thoroughly through various graphs, which is used.
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PAGE 42

LIMITATION OF THE STUDY:
1. Time: The time allotted for the project has been only around 45 days.
The study could be done only for the past 5 years.
2. Finance: Due to limited financial resources as in depth research could not be undertaken.
3. The face value of the figures given in the balance sheet was used for the project.
RESEARCH METHODOLOGY
Analysis of past data a helps to understand the effectiveness of Bank. This is a conclusive
research.
DATA COLLECTION
Basically there are methods of data collection they are primary data & Secondary data.
Secondary data one those which have been already been collected. It may be published or
unpublished data. But mainly data are collected form financial statement (annual report) of
Saraswat Bank of India. I have used Secondary Data.
TOOLS OF ANALYSIS
It is essential to use a systematic research methodology for the assessment of a project because
without the use of a research methodology analysis of any company or organization will not be
possible. In the present analysis mostly secondary data have been used. It is worth a while to
mention that I have used the following types of published data:
Balance Sheet
Profit & Loss A/c
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PAGE 43
COMPANY PROFILE
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PAGE 44

COMPANY OVERVIEW
PROFILE OF SARSWAT COOPERATIVE BANK
On 14th September
1918,"The
Saraswat
Parulkar became
Co-operative
Banking
Society"
was
founded.
Mr.
J.K.
its first Chairman, Mr. N.B. Thakur, the first Vice-Chairman,
Mr. P.N. Warde, the first Secretary and Mr. Shivram Gopal Rajadhyaksha, the first
Teasurer. These were people with deep and abiding ideals, faith, vision, optimism
and entrepreneurial skills. These dedicated men in charge of the Society had a
commendable sense of service and duty imbibed in them. Even today, our
honourable founders inspire a sense of awe and respect in the Bank and amongst the
shareholders.
The Society was initially set up to help families in distress. Its objective was to
provide
temporary
accommodation
to
its
members
in
eventualities
such
as
weddings of dependent members of the family, repayment of debt and expenses of

medical treatment etc. The Society was converted into a full-fledged Urban Cooperative Bank in the year 1933.
The Bank has the unique distinction of being a witness to history. The Bank, which
was originally founded in 1918, i.e. close on the heels of the Russian Revolution,
also witnessed as a Society and as Bank - the First World War, the Second World
War, India's freedom Movement and the glorious chapter of post-independence
India. During this cataclysmic cavalcade of history, the Bank as a financial institution and its
members
could
not
of
course
remain
unaffected
by
the
economic
consequences of the major events. The two wars in particular brought in their
wake, paucities of all kinds and realities and stand by its members in distress as a
solid bulwark of strength. The Founder Members and the later-day managements
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PAGE 45

of the Bank continued to demonstrate their unwavering faith in the destiny of the
common
man
and
the
co-operative
movement
and
they
encouraged
the
shareholders to save despite all odds.
Thanks to these sustained and assiduous efforts over 25 years after its inception,
the Bank had gained a strong foundation in terms of its membership, resources,
assets and profits. By 1942, the Bank was fulfilling all the banking needs of its customers.
During the late fifties, the Bank grew from strength to strength. The Bank had
established five branches within the city of Mumbai and one each at Pune and
Belgaum. In its 50th year, the Bank chose a bee motif to symbolise the Bank's
emblem - a fitting and appropriate characteristic of a Bank that believed in hard
work, a search for all that is good, a team spirit to achieve its objectives and
selfless service to its members and customers. The Bank had grown in stature,
progressed in its social and economic objectives and produced an image of what an
ideal bank should be. Resultantly, in the year 1977-78, the Bank's gross income
crossd the Rs.3.00 crore mark for the first time.
In 1988, the Bank was conferred with "Scheduled" status by Reserve Bank of
India. The Bank is the first co-operative bank to provide Merchant Banking
services. The Bank got a permanent license to deal in foreign exchange in 1978.
Presently the Bank is having correspondent relationship in 45 countries covering 9
currencies with over 125 banks. In 1992, the Bank completed 75 years. Platinum
Jubilee Celebrations were inaugurated on 14th September, 1992 and the Bank also
crossed the business level of Rs. 700 Crores.
The beginning of the 21st century has been a giant leap forward for the Bank. The
Bank
chose
path
of
organic/inorganic
growth
and our pace
of
growth
accelerated .The Bank's total business which was around Rs.4000 Crore in 2000
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PAGE 46
almost
tripled
to
Rs.15295
Crore
in
2007.
In the year 2008, the Bank launched a Branding Initiative. The purpose of such an
exercise was to reconfirm the thrust of the Bank on its core values, which can be
summed up as a "Sense of Belonging". The name of the Bank should always
inspire a Sense of Belonging in all its stakeholders and the Bank continues to
fulfil the changing needs and expectations of the customer with unflinching gusto
and aplomb.
MISSION STATEMENT
"To emerge as one of the premier and most preferred banks in the country by
adopting the highest standards of professionalism and excellence in all the areas of
working"
MILESTONES
In the last two decades the Bank has witnessed a steady growth in business and
also taken several Strategic Business Initiatives such as undertaking Business
Process Reengineering initiative, merging seven Cooperative Banks and then
Consciously nurturing them.
The Bank tied up with VISA International for
Issuance of Debit Cards.
In 2011, the Bank was granted permission for All India Area of Operation by
Reserve Bank Of India. The Bank has
an ambitious business expansion plan in
place to have a presence in all major cities of the country, reach a business level of
Rs.50000
Crores
IFIM COLLEGE
by
2016
and
Rs.100000
crores
by
2018.
PAGE 47
The Bank has a network of 229 fully computerized branches as on 31st March,
2013 covering six states viz. Maharashtra, Gujarat, Madhya Pradesh, Karnataka,
Goa and Delhi. The Bank is providing 24-hour service through ATMs at 159
locations. As on 31st March, 2013 the Bank's business had surpassed Rs. 36000
Crores.The Bank has retained its coveted position as ZERO NET NPA Bank for
the ninth successive year.
It is a matter of immense pride for the Bank that its new Corporate Office at
Prabhadevi,
Mumbai
has
become
operational.
The
office establishes our
strong
presence in the financial capital of the country. The massive edifice in crystal glass
in
the
heart of Mumbai
gently
reminds
everyone
of
the
Numero-Uno position
which the Bank holds in the Cooperative Sector. The usage of state of art
technology coupled with
personal ambience
to make everybody comfortable
once again reiterates the Bank's adherence to "Think Global, Act Local". The
address of our new Corporate Office is as under:
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PAGE 48
DATA ANALYSIS AND

INTERPRETATION
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PAGE 49
ANALYSIS AND INTERPRETATION OF DATA
4.1 TABLE SHOWING NET CASH FROM OPERATING ACTIVITIES
particulars
Mar '09
Net
Cash
From
Operating
53376.67
Mar '10
Mar '11
Mar '12
Mar '13
-12068.70
-26553.67
54448.66
-11869.72
Activities
4.1.1 GRAPH SHOWING NET CASH FROM OPERATING ACTIVITIES
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PAGE 50
Net Cash From Operating Activities

60000
50000
40000
30000
Net Cash From Operating
Activities
20000
10000
0
-10000
Mar '09 Mar '10 Mar '11 Mar '12 Mar '13
-20000
-30000
-40000
INTERPRETATION:
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PAGE 51

The net cash from operating activities was 53376.67 crores in the year 2009 and the bank was in
good position during that year. Later in the year 2010 there was decreased to 12068.70 crores
and there was no big changes in 2011 as it is just decreased to -26553.67 crores but it is
gradually increased to 54448.66 in 2012 . in the year 2013 it is totally decreased to -11869.72
crores. This shows that the bank is facing problem in operating activities.
INFERENCE
From the above graph it is inferred that the net cash from operating activities of the bank
is not good and were fluctuating during these years.
4.2 TABLE SHOWING NET CASH FROM INVESTING ACTTIVIIES
particulars
Mar '09
Net
Cash
(used in)/from
Investing
-4416.54
Mar '10
Mar '11
Mar '12
Mar '13
-38545.09
-1538.14
3392.93
-2616.01
Activities
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PAGE 52
4.2.1 GRAPH SHOWING NET CASH FROM INVESTING ACTIVITIES
10000
0
Mar '09
Mar '10
Mar '11
Mar '12
Mar '13
-10000
-20000
Investing Activities
-30000
-40000
-50000
INTREPRETATION :
The net cash from investing activities was -4416.54 crores in 2009 and It is just decreased to
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PAGE 53

-38545.09 crores in 2010. In the year 2011 it is again decreased to -1538.14 crores and again it
is decreased in the next year as it was increased in previous year to -3392.93 crores in 2012.
Only in the year 2013 it has decresedto -2616.01 crores and this shows that there was no
improvement during these 5 years.
Inference: From the above graph it clearly shows that the net cash from investing activities is
decreasing gradually.
4.3 TABLE SHOWING NET CASH FROM FINANCING ACTIVITIES
particulars
Mar '09
Net
Cash
Mar '10
Mar '11
Mar '12
28642.14
-43611.74
Mar '13
(used
in)/from
-7256.82
-10732.24
-1721.92
Financing
Activities
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PAGE 54
4.3.1 GRAPH SHOWING NET CASH FROM FINANCING ACTIVITIES
Net Cash (used in)/from Financing Activities

40000
30000
20000
10000
Net Cash (used in)/from
Financing Activities
0
-10000
-20000
-30000
-40000
-50000
INTERPRETATION
The net cash from financing activities was -7256.82 crores during the year 2009 and was
gradually decreased to -10732.24 crores in 2010 and again it has increased to 28642.14 crores in
2011 but only in 2012 it is decrease to -43611.72 crores and again in 2013 it has just decreased to
-1721.92 crores. During the 5 years there were ups and downs in the net cash from financing
activities but at last it has only decreased from 997.41 to 497.26
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PAGE 55

INFERENCE
From the above graph it is inferred that the net cash from financing activities is decreasing
gradually and were fluctuating during these years.
4.4 TABLE SHOWING NET CASH AND CASH EQUIVALENTS
particulars
Net
(decrease)/increas
e In Cash and
Mar '09
41703.31
Mar '10
Mar '11
-37208.63
550.33
Mar '12
7443.99
Mar '13
-16207.65
Cash Equivalents
4.4.1 GRAPH SHOWING NET CASH AND CASH EQUIVALENTS
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PAGE 56
Net (decrease)/increase In Cash and Cash Equivalents

50000
40000
30000
20000
Net (decrease)/increase
In Cash and Cash
Equivalents
10000
0
-10000
-20000
-30000
-40000
-50000
INTERPRETATION :
The net cash and cash equivalents were increased and decreased in the last 5 years. In the year
2009 it is 41703.31 crores and it has decreased to -37208.63 crores in 2010 and it is just
gradually increased to 550.33 crores in 2011 but in the next year 2012 it has gradually increased
to 7443.99 cores and finally it is gradually decreased to -16207.65 crores in the last year 2013.
This shows that the bank was good in. The middle years and there were no improvement during
those 5 years
INFERENCE
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PAGE 57
From the above graph it is inferred that the net cash and cash equivalents increased and
decreased gradually and were fluctuating during these years.
4.5 TABLE SHOWING OPENING CASH AND CASH EQUIVALENTS
particulars
Opening
Cash
Mar '09
&
Cash
117148.23
Mar '10
158851.54
Mar '11
121642.9
1
Mar '12
Mar '13
122193.24
129637.23
Equivalents
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PAGE 58
4.5.1 GRAPH SHOWING OPENING CASH AND CASH EQUIVALENTS
Opening Cash & Cash Equivalents

180000
160000
140000
120000
Opening Cash & Cash

Equivalents
100000
80000
60000
40000
20000
0
Mar '09
Mar '10 Mar '11 Mar '12 Mar '13
INTERPRETATION :
The opening cash and cash equivalents was 117148.23 crores in the year 2009 and it is just
increased to 158851.54 crores in 2010. in the year 2011 it is decreased to 121642.91 crores and
again it is increased to 122193.24 crores in 2012 but it is gradually increased to 129637.23
crores in the year 2013. This shows that the opening cash and cash equivalents has only
increased during those 5 years.
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PAGE 59
Inference:
From the above graph it clear shows that the opening cash and cash equivalents is increasing
gradually
4.6 TABLE SHOWING CLOSING CASH AND CASH EQUIVALENTS
particulars
Closing
Cash
Mar '09
Mar '10
158851.54
121642.91
&
Cash
Mar '11
122193.2
4
Mar '12
Mar '13
129637.23
113429.58
Equivalents
4.6.1 GRAPH SHOWING CLOSING CASH AND CASH EQUIVALENTS
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PAGE 60
Closing Cash & Cash Equivalents

180000
160000
140000
120000
Closing Cash & Cash

Equivalents
100000
80000
60000
40000
20000
0
Mar '09
Mar '10
Mar '11
Mar '12
Mar '13
INTERPRETATION :
The closing cash and cash equivalents was 158851.54 crores in 2009. And it is decreased to
121642.91 crores in 2010 and again in the year 2011 it is increased to 122193.24 crores. In the
year 2012 it is gradually increased to 129637.23 crores and it is just decreased to 113429.58
crores by the year 2013. This shows that the closing cash and cash equivalents is only increased
during these years.
Inference:
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PAGE 61

From the above graph it clearly shows that the closing cash and cash equivalents is also
increasing gradually
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PAGE 62

FINDINGS
1.The net cash from operating activities was 53376.67 crores in the year 2009 and the bank was
in good position during that year. Later in the year 2010 there was decreased to 12068.70 crores
and there was no big changes in 2011 as it is just decreased to -26553.67 crores but it is
gradually increased to 54448.66 in 2012 . in the year 2013 it is totally decreased to -11869.72
crores. This shows that the bank is facing problem in operating activities.
2.The net cash from investing activities was -4416.54 crores in 2009 and It is just decreased to
-38545.09 crores in 2010. In the year 2011 it is again decreased to -1538.14 crores and again it
is decreased in the next year as it was increased in previous year to -3392.93 crores in 2012.
Only in the year 2013 it has decreased to -2616.01 crores and this shows that there was no
improvement during these 5 years.
3. The net cash from financing activities was -7256.82 crores during the year 2009 and was
gradually decreased to -10732.24 crores in 2010 and again it has increased to 28642.14 crores in
2011 but only in 2012 it is decrease to -43611.72 crores and again in 2013 it has just decreased to
-1721.92 crores. During the 5 years there were ups and downs in the net cash from financing
activities but at last it has only decreased from 997.41 to 497.26
4. The net cash and cash equivalents were increased and decreased in the last 5 years. In the year
2009 it is 41703.31 crores and it has decreased to -37208.63 crores in 2010 and it is just
IFIM COLLEGE
PAGE 63

gradually increased to 550.33 crores in 2011 but in the next year 2012 it has gradually increased
to 7443.99 cores and finally it is gradually decreased to -16207.65 crores in the last year 2013.
This shows that the bank was good in. The middle years and there were no improvement during
those 5 years
5. The opening cash and cash equivalents was 117148.23 crores in the year 2009 and it is just
increased to 158851.54 crores in 2010. in the year 2011 it is decreased to 121642.91 crores and
again it is increased to 122193.24 crores in 2012 but it is gradually increased to 129637.23
crores in the year 2013. This shows that the opening cash and cash equivalents has only
increased during those 5 years.
6. The closing cash and cash equivalents was 158851.54 crores in 2009. And it is decreased to
121642.91 crores in 2010 and again in the year 2011 it is increased to 122193.24 crores. In the
year 2012 it is gradually increased to 129637.23 crores and it is just decreased to 113429.58
crores by the year 2013. This shows that the closing cash and cash equivalents is only increased
during these years.
IFIM COLLEGE
PAGE 64

CONCLUSION
The cash flow statements on saraswat cooperative bank has an very extremely fluctuating cash
flow statements which is an create a problem in future for the company for the funds.
All the operating, investing and financial activities of the banks cant be predicted using the past
balance sheets due to the extreme fluctuations.
The cash and the cash equivalents of the bank have been in the increasing trend except for the
year march 2011.
The cash flow statements, reflects the cash effects of transactions and other events that enter into
the determination of net income.
The above analysis shows that there has been equal level of fluctuating increase and decrease of
profit earning for sarsawat cooperative bank even after five years. Saraswat cooperative bank has
very much improved its cash holdings after five years compared to which saraswat cooperative
bank has increased to a little percentage.
Saraswat cooperative bank has been slightly increased their growth of the bank have
maintained fluctuate level of growth and cash flow.
This shows that cash flow statement is one of the important statements for analyzing a
companys cash flow.
Suggestions:
1.
provisions of taxation have been decreased on 2012 and 2013 with comparison of 2011
because Our Government needs more revenue to pay for the services and program that are being
provided to the public and the tax rates are increased to raise the additional revenue. And the
elected officials decrease the taxation.
IFIM COLLEGE
PAGE 65

2. purchase of fixed assets always have been more but in 2011 there is less purchase of fixed
assets the company as to improve in the inflow of cash in investing activities
IFIM COLLEGE
PAGE 66
Annexure
IFIM COLLEGE
PAGE 67
Cash flow statement on the year 2009
Particulars
Cash from operating activites
Net profit as per p/l a/c
Add: adjustment for
Depreciation assests
Fixed assests written off
Depreciation on investment
Provision of tax
Provision for BDDR
Provision for standard assests
Less: profit on sale of assests
Profit on sale of securities
Deferred compensation
Deferred tax assests
Amt in (rs)
21079.23
860.89
61.38
2370.31
6644.68
(2000.00)
(0.73)
(12.43)
8448.30
1586.35
(730.77)
Adjustment
Increase in investment
Increase in advances
Increase in other assests
Increase in funds
Increase in deposits
Increase in other liabilities
Income tax paid
Net cash from operating activites
(32004.15)
(66209.92)
(17835.90)
(11687.87)
148802.71
20805.34
(8288.95)
Cash from investing activities

Purchase of fixed assests
Sale proceeds of fixed assests
Net cash from investing activities
(4433.49)
16.95
Cash from financing activities

Increase in share capital
Increase in borrowings
Dividend paid
Net cash from financing activities
Net increase in cash and cash equivalents
Cash at beginning of the year
Cash at end of the year
IFIM COLLEGE
Amt in(rs)
7936.53
29015.76
(9291.45)
19724.31
33652.36
53376.67
(4416.54)
48960.13
628.70
(6661.00)
(1224.52)
(7256.82)
41703.31
117148.23
158851.54
PAGE 68
BALANCE SHEET AS ON 31st MARCH 2009
LIABILITIES
AMOUNT
ASSETS
Rs
equity Share Capital
77,49,67,490
Bills collection
17,12,09,37,796
Reserve
fund
&
other
reserve
Deposits & other accounts
IFIM COLLEGE
AMOUNT
Rs
Cash & Balances
8271,540,407
Balance with Banks, Money 37,971,526,98

at Call
10,48,93,95,554
Money at call & short notice
7040,548,000
129,18,84,63,826
Investments
4791,507,4643
PAGE 69

Bills for collection being
bills
receivable
as
per 1712,093,7796
81,104,058,64
Advance
contra
Branch adjustment
26,069,697
On investment
8,656,644
On loans and advances
1650,441,011
Interest payable
382,745,205
p/l ac
Other
2165,178,652
liabilities
provisions
and
Interest receivable
1650,441,011
Bills revievable being bills 17,120,937,79

for collection as per contra
Fixed assets
16,32292,202
Other Assets
6352,602,696
1,111,214
Computer software
Non banking assets acquired
676,614,9411
122,448,84
in satisfaction of claims
0
Deferred vrs compensation
158,634,96
8
Deferred
Total Liabilities
IFIM COLLEGE
175212972576
amortization
of
investments
46,129,450
Total Assets
175212972576
PAGE 70
IFIM COLLEGE
PAGE 71

PROFIT AND LOSS ACCOUNT FOR THE YEAR 2009
PARTICULARS
AMOUNT
Income
Interest Earned
Other receipts
Total Income
Expenditure
Interest on borrowings
Salaries
Rent
Law charges
Audit fees
Other expenses
Provisions
Income tax
Total Expenses
Net Profit for the Year
Capital
Reserve fund and other
Deposits and other bank
Borrowings
Other liabilities
p/l a/c
Cash
Balance with other banks and forigen
Investment
Advances
Fixed assests
Other assests
Total
IFIM COLLEGE
128669.08
542333.33
671002.41
91107.74
1296232.05
226352.42
3730628
21699331.14
838891.67
97456887.58
743241.00
16889132
.86
2412874.71
3000000
104893.02
1291884.89
6639967.82
6766149.27
2165178652
82716540.51
3797152.91
453508.19
811040.03
8350944.90
6352602.09
2205186.38
PAGE 72

Particulars
Add: adjustment for
Provision of tax
Provision for BDDR
Deffered compensation
Deffered tax assests
Adjustment
Increase in funds
Operating activities before tax
Income tax paid
Net cash from operating activites after tax
Net cash from investing activites
Dividend paid
IFIM COLLEGE
Amt in (rs)
Amt in(rs)
11967.42
1160.60
14.99
3545.18
5100.00
2186.60
10.00
5.82
5041.51
208.77
(1586.35)
(54633.65)
(113994.89)
(1132.10)
30037.96
134788.22
2518.24
16881.63
(4812.93)
12017.37
23984.79
(4758.04)
19226.75
(2345.12)
12668.70
(38779.43)
208.77
25.57
(38545.09)
(26476.39)
873.44
(10199.57)
(1406.11)
(10732.24)
(37208.63)
(158851.54)
121642.91
PAGE 73
IFIM COLLEGE
PAGE 74
IFIM COLLEGE
PAGE 75
LIABILITIES
AMOUNT
A STUDY ON CASH FLOW
STATEMENTASSETS
ON SARASWAT BANK AMOUNT
Rs
Capital
Reserves funds &ther
reserves
Rs
862311100
15526703381
Deposits and other a/c
142667286136
Borrowings
5620009609
Cash & Balances

Balance
with
10001655468
Banks,
Money at Call
4382429025
Advances
92503546892
Investments
53213911321
Interest receivable
1512621884
Bills for collections being

bills receivable as per 14405901784
contra
Branch adjustment
114847456
On investment
8656644
On loans
1512621884
Fixed asset
5510628226
Interest payable
499300234
Computer software
190000
Profit and loss
1217325874
Other Assets
7057097868
Other liabilities
7512772392
Bills receivable being bills

Deferred amortization of
investment
non banking assets
Deferred
14405901784
39019313
2278400
vrs 00
compensations
Total Liabilities
189947736497 Total Assets
189947736497
IFIM COLLEGE
PAGE 76

PARTICULARS
AMOUNT
Income
Interest Earned
Other receipts
Total Income
Expenditure
Salaries
Rent
Law charges
Audit fees
Other expenses
Provisions
Income tax
Total Expenses
Capital
Borrowings
Other liabilities
p/l a/c
Cash
Investment
Advances
Fixed assests
Other assests
Total
IFIM COLLEGE
12704558
471845.47
671002.31
95789.77
134132321.81
27869.69
4658681.99
193073.56
975008.87
3667648.29
400007218
410962110
.45
14582034
3000000
1552670.90
1426672.57
5620009.06
7512772.22
1217325.83
100016.16
4382429.32
1523139.00
9254035.31
1178860.63
7057097.39
38639062.39
PAGE 77

Particulars
Add: adjustment for
Provision of tax
Provision for BDDR
IFIM COLLEGE
Amt in (rs)
Amt in(rs)
21226.72
1546.04
42.37
1988.52
2563.62
8832.15
639.0
18703.31
39930.03
28.96
3882.20
305.26
PAGE 78

Adjustment
Increase in funds
Income tax paid
Dividend paid
IFIM COLLEGE
709.11
27200.50
(226163.76)
(2673.48)
(2324.46)
(2324.76)
153423.21
(4925.53)
35004.50
(52547.14)
(17542.64
(9011.03)
(26553.67)
(1943.97)
305.26
100.57
(1538.14)
28091.81
1660.13
28361.44
(1379.43)
28642.14
550.33
(121642.91)
122193.24
PAGE 79
BALANCE SHEET AS ON 2011

LIABILITIES
AMOUNT
ASSETS
AMOUNT
Rs
Capital
reserves
Rs
1028,324,160
16,464,374,616
158,009,607,293
borrowings
8456,153,945.78
Cash & Balances

Balance
with
11,037,427,758
Banks,
Money at Call
Advances
2262,921,605
346,422,562

bills receivable as per
4640,535,095 Investments
52,537,668,612.68
contra
Branch adjustment
1505,618,896
Interest receivable
Bills
On investment
8,656,644
receivable
15,119,923
being
bills for collection as per
1353,279.37
contra
On loans
Interest payable
1353,279,974.37 Fixed asset

464,762,566.51 Computer software
Profit and loss
2125,998,810.80
Other liablities
84,87,272,442
Other Assets
investment
non banking assets
Deferred vrs
150,561,88,896
62000
5457,377,098
8296,460,223.62
310,14,176
22,78,400
compensations
IFIM COLLEGE
PAGE 80
Total Liabilities
21150,102,470,170 Total Assets
21150,102,470,170
PARTICULARS
AMOUNT
Income
Interest Earned
Other receipts
Total Income
Expenditure
Salaries
Rent
Law charges
Audit fees
Other expenses
Provisions
Income tax
Total Expenses
Capital
Borrowings
Other liabilities
p/l a/c
Cash
Investment
Advances
Fixed assests
Other assests
Total
IFIM COLLEGE
15127220
642134.45
1576935.45
984920.69
1715882.82
377386488
5480361
210709.05
1067964.25
63393.36
812303.00
387722022
16908624.78
3000000
16464374.70
112368723
8456153.78
8487272.32
2125998.08
11037427.6
2262921.29
49114153.54
115119923
545737.58
829646.62
346720955.8
PAGE 81

Particulars
Add: adjustment for
Provision of tax
Provision for BDDR
Adjustment
Increase in funds
Income tax paid
Amt in (rs)
Amt in(rs)
23556.92
2152.58
6.33
2032.69
10295.52
4793.97
1340
12.77
4592.16
381.58
1624.68
(73151.42)
(244071.26)
(529.14)
(1685.20)
345174.91
1015.77
21669.63
45226.55
(6611.19)
38615.68
26821.78
65437.14
(10988.98)
54448.66
(3831.29)
381.58
56.78
3392.93

Dividend paid
IFIM COLLEGE
1408.42
(43156.56)
(1863.60)
(43611.74)
7443.93
122193.24
129637.23
PAGE 82
IFIM COLLEGE
PAGE 83
LIABILITIES
AMOUNT
ASSETS
Rs
capital
reserves
borrowings
AMOUNT
Rs
1169,166,480
18,546,638,316
Cash & Balances
10,617,131,010
19252,709,8201
Balance with other Banks,
6139,102,977
4140,498,094
Advances
139,527,048,595
Investments
56,269,877,669
Interest receivable
7120,777,004

bills receivable as per 18,375,760,889
contra
Branch adjustment
00
On investment
8656,644
On loans
1,172,120,360
Fixed asset
Interest payable
691,264,819
Computer software
Profit and loss
2,363,089,970
Other Assets
Other liablities
8,025,894,668

investment
non banking assets
183,75,760,889
5538,517,005
14000
7932,420,615
24,202,372
2278400
Money at call
1368,
933,637
Branch adjustment
44,12
4,340
Total Liabilities
247,020,188,513 Total Assets
247,020,188,513
IFIM COLLEGE
PAGE 84

PARTICULARS
AMOUNT
Income
Interest Earned
Other receipts
Total Income
Expenditure
Salaries
Rent
Law charges
Audit fees
Other expenses
Provisions
Income tax
Total Expenses
Capital
Borrowings
Other liabilities
p/l a/c
Cash
Investment
Advances
Fixed assests
Other assests
Total
IFIM COLLEGE
192154625
7712385
199867010
130458339
18827883
445826,109
5116185
2487656
12994627
71828145
8972985
696511929
21243479
1000000
18546638
19252702
41404094
8025868
2363089970
106771310
6139102
56269877
13952705
2075528
79324203
2737095476
PAGE 85

Particulars
Add: adjustment for
Provision of tax
Provision for BDDR
Adjustment
Increase in funds
Income tax paid
Dividend paid
IFIM COLLEGE
Amt in (rs)
Amt in(rs)
11209.11
2169.87
5.19
2138.43
(905.38)
12825
31631.71
29.50
9410.73
305.26
9706.79
(115457.41)
(107071.02)
116.85
(5064.35)
189162.18
(2303.88)
48030.13
59239.24
(19452.28)
39786.96
(40549.51)
(762.55)
(11107.17)
(11869.72)
(3017.56)
305.26
96.29
2616.01
999.27
(714.95)
(2006.24)
(1721.92)
(161207.65)
129637.23
113429.58
PAGE 86
IFIM COLLEGE
PAGE 87
LIABILITIES
AMOUNT
ASSETS
Rs
capital
reserves
borrowings
AMOUNT
Rs
1,269,092,940
23,033,450,027
Cash & Balances
8,699,540,753
211,443,316,405 Balance with other Banks,
10,563,202,908
4,069,002,725
Advances
150,234,150,595
Investments
64,440,306,477
Interest receivable
1,158,620,288

bills receivable as per 19,960,398,665
contra
Branch adjustment
6,729,808
On investment
00
On loans
1,158,620,288
Fixed asset
5,537,825,846
Interest payable
697,090,244
Computer software
4000
Profit and loss
1,128,583,070
Other Assets
10,002,131,283
Other liablities
9,282,025,823

investment
non banking assets
Money at call
Branch adjustment
Total Liabilities
272,048,309,995 Total Assets
19,960,398,665
17,390,569
00
1,434,738,611
00
272,048,309,995
IFIM COLLEGE
PAGE 88

PARTICULARS
AMOUNT
Income
Interest Earned
Other receipts
Total Income
Expenditure
Salaries
Rent
Law charges
Audit fees
Other expenses
Provisions
Income tax
Total Expenses
Capital
Borrowings
Other liabilities
p/l a/c
Cash
Investment
Advances
Fixed assests
Other assests
Total
IFIM COLLEGE
229050170
748571773
303901943
1616026424
216809394
52351746
3744195
3284902
142350136
329440216
311821202
2675828215
1120910
126909240
23033450
2114433.05
406900225
92820823
1128583070
869954070
1056320208
364440306
150234150
5537825.46
1000213128
5228181838
PAGE 89
BIBLIOGRAPHY
IFIM COLLEGE
PAGE 90
BIBLIOGRAPHY
Books : Management Accounting-Principles and Practice.,
By Sharma R.K & Gupta
Shashi K Eighth Edition, Kalyani Publishers, Bangalore

Financial Management and Policy,
By Bhalla V.K
First Edition, Annual Publications, New Delhi.

Management Accounting and Financial Control,
By Maheshwari S.N
By Kothari C.R
Thirteen Edition, Sultan Chand & Sons, New Delhi (2002).

Research Methodology-Methods & Techniques,
Second Edition, Vishwa Prakashan Delhi (1990).
Cost and Financial Analysis,
By
Jawaharlal
Third Edition, Himalaya Publishers, New Delhi

Websites: www.saraswatbank.com
www.scribd.com
IFIM COLLEGE
PAGE 91

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A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

NO.8p & 9p, opposite Infosys gate 4, electronic city phase 1,

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

CHAPTER 2:RESEARCH METHODOLOGY

CHAPTER 3:COMPANY PROFILE

CHAPTER 4:DATA ANALYSIS AND

CONCLUSIONS AND IMPLEMENTATION

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

I thank prof, LALATENDU MISHRA my college guide, who tirelessly helped me

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

The sealing of the Bank of England Charter (1694).

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

conducting current accounts for his customers,

paying cheques drawn on him/her, and

collecting cheques for his/her customers.

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

"banking business" means the business of either or both of the following:

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

Large door to an old bank vault.

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

Objectives of Cash Flow Statement

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

Usefulness of Cash Flow Statement

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

(vi) Discloses Success or Failure of Cash Planning.

(vii) Evaluate Management Decision. This statement, by providing information relating

(viii) Enhances the Comparability of Report.

It enhance the comparability of the

reporting of operating performances by different enterprises, because it eliminates the effect of

Advantages of cash flow statement

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

CLASSIFICATION OF CASH FLOWS

Cash Flows from Operating Activities

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

Cash receipts from royalties, fees, commissions and other revenue;

Cash payments to suppliers for goods and services;

Cash payments to and on behalf of employees;

claims, annuities and other policy benefits;

Cash payments or refunds of income taxes unless they can be specifically

identified with financing and investing activities; and

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

Cash Flows from Investing Activities

Cash payments to acquire fixed assets (including intangibles). These payments

Cash receipts from disposal of fixed assets (including intangibles);

Cash payments to acquire shares, warrants or debt instruments of other

Cash receipts from disposal of shares, warrants or debt instruments of other

(other than advances and loans of a financial enterprise);

A STUDY ON CASH FLOW STATEMENT ON SARASWAT BANK

(3) Cash flow from financing Activities