Atul Ltd 2008-09

Cash Flow Statement For the year ended March 31, 2009 (Rs in lacs) (A) CASH FLOW FROM OPERATING ACTIVITIES: Profit before tax and extraordinary items 4,569.02 3,817.27 Adjustments for: Add: Depreciation 3,171.83 2,959.53 Interest and finance charges 3,979.11 3,224.02 Loss on assets sold or discarded 35.34 24.76 Exchange rate difference 2,590.00 (1,038.00) Provision for doubtful debts | advances 732.46 284.97 Obsolete material written off 417.26 44.93 10,926.00 5,500.21 15,495.02 9,317.48 Less: Dividend 463.29 428.93 Interest received 259.62 158.73 Provision no longer required 215.43 583.18 Surplus on sale of assets 124.38 67.46 1,062.72 1,238.30 Operating profit before working capital changes 14,432.30 8,079.18 Adjustments for: Inventories 842.63 (3,740.15) Trade and other receivables 8,600.68 (5,525.01) Trade and other payables (3,235.39) 2,833.06 6,207.92 (6,432.10) Cash generated from operations 20,640.22 1,647.08 Less: Direct taxes refund | (paid) (246.69) (500.80) Cash flow before extraordinary items 20,393.53 1,146.28 Extraordinary items – – Net cash flow from operating activities 20,393.53 1,146.28 (B) CASH FLOW FROM INVESTING ACTIVITIES: Purchase of fixed assets and capital advances (7,220.60) (6,204.36) Sale of fixed assets 336.85 209.04 Disbursements | (repayments) of loans (655.08) 22.09 Purchase of investments (0.01) – Sale of investments 0.04 – Interest received 227.90 190.56 Dividend received 463.29 428.93 Capital subsidy 20.00 – Net cash used in investing activities (6,827.61) (5,353.74) 2008-09 2007-08 54