Atul Ltd 2010-11

Atul Ltd | Annual Report 2010-11 Consolidated Cash Flow Statement for the year ended March 31, 2011 ( ` crores) Particulars 2010-11 2009-10 (A) CASH FLOW FROM OPERATING ACTIVITIES Profit before tax and extraordinary items 138.98 78.90 Adjustments for Add: Depreciation 38.64 37.42 Interest and finance charges 25.54 25.76 Loss on assets sold or discarded 1.97 0.43 Exchange rate difference 2.00 (6.73) Exchange difference on consolidation (loss) – 1.68 Bad debts and irrecoverable balances written off 1.71 1.63 Provision for doubtful debts 0.41 – Obsolete material written off 0.61 1.87 70.88 62.06 209.86 140.96 Less: Dividend received 5.42 4.97 Interest received 0.41 1.06 Impairment written back 0.89 – Provisions no longer required 6.24 1.53 Exchange difference on consolidation (loss) 0.46 – Gain on settlement of long-term export advance 8.20 – Surplus on sale of fixed assets 0.03 0.04 21.65 7.60 Operating profit before working capital changes 188.21 133.36 Adjustments for Inventories (57.16) (14.89) Trade and other receivables (57.43) (67.77) Trade and other payables 32.20 80.75 (82.39) (1.91) Cash generated from operations 105.82 131.45 Less: Direct taxes (refund) | paid 45.90 21.73 Net cash flow from operating activities A 59.92 109.72 (B) CASH FLOW FROM INVESTING ACTIVITIES Purchase of fixed assets (50.58) (18.91) Capital advances (1.43) (3.52) Investments in associates (21.18) – Acquisition of minority interest (0.04) 3.99 Sale of fixed assets 2.74 0.30 Disbursements | (repayments) of loans (0.07) (0.38) Exchange difference on consolidation 0.46 (1.68) Sale of investments – 1.50 Capital subsidy – 8.96 Interest received 0.41 1.06 Dividend received 5.42 4.97 Net cash used in investing activities B (64.27) (3.71)