Tata Motors Limited

(NYSE:TTM)
  Mar 31, 2008 Mar 31, 2007
Cash Flow Statement
Cash At Beginning Of Period 190,900 146,500
Cash At End Of Period 284,700 177,500
Net Change In Cash And Cash Equivalents 93,800 31,000
Effect Of Exchange Rate Changes -33,800 -15,500
Net Income Or Loss 355,100 420,300
Cash From Operating Activities
Depreciation Expenses 173,500 137,900
Amortization Expenses — —
Amortization Of Intangibles Expenses 21,000 15,400
Deferred Income Taxes -10,700 19,200
Operating Gains Or Losses -64,100 -18,000
Extraordinary Gains Or Losses — —
Increase Or Decrease In Receivables -269,200 -115,900
Increase Or Decrease In Inventories -24,200 -175,600
Increase Or Decrease In Prepaid Expenses — —
Increase Or Decrease In Other Current Assets — —
Increase Or Decrease In Payables -41,700 -152,500
Increase Or Decrease In Other Current Liabilities 200,200 329,500
Increase Or Decrease In Other Working Capital 520,800 -64,000
Other Non Cash Items -20,800 -18,900
Net Cash From Continuing Operations 46,800 28,400
Net Cash From Discontinued Operations 886,700 405,800
Net Cash From Operating Activities — —
Cash From Investing Activities
Sale Of Property Plant And Equipment 11,800 24,200
Sale Of Long Term Investments 63,600 9,300
Sale Of Short Term Investments — —
Purchase Of Property Plant And Equipment -1,067,100 -586,500
Acquisitions -2,200 —
Purchase Of Long Term Investments -198,400 -8,900
Purchase Of Short Term Investments -300,700 -3,200
Other Investing Changes Net -383,000 -832,600
Cash From Discontinued Investing Activities — —
Net Cash From Investing Activities -1,849,600 -1,252,000
Cash From Financing Activities
Issuance Of Debt 1,017,100 3,800
Issuance Of Capital Stock -231,900 -53,200
Repayment Of Debt — —
Repurchase Of Capital Stock -169,000 -131,800
Payment Of Cash Dividends 2,500 -3,500
Net Other Financing Charges 2,500 -3,500
Cash From Discontinued Financing Activities — —
Net Cash From Financing Activities 1,090,500 892,700