Atul Ltd 2010-11

Consolidated Cash Flow Statement for the year ended March 31, 2011 (contd) ( ` crores) Particulars 2010-11 2009-10 (C) CASH FLOW FROM FINANCING ACTIVITIES Proceeds from issue of share capital 1.58 Proceeds from long-term borrowings (55.92) (69.42) Add: Exchange rate difference 0.94 6.73 Proceeds from long-term borrowings (adjusted) (54.98) (62.69) Proceeds | (repayments) of working capital loans (net) 92.82 (7.58) Proceeds | (repayments) of unsecured borrowings (net) (3.75) 2.56 Total proceeds from borrowings 34.09 (67.71) Interest paid (25.42) (25.77) Dividend on Equity Shares (including corporate dividend tax) (13.79) (10.33) Net cash used in financing activities C (5.12) (102.23) Net change in cash and cash equivalents A+B+C (9.47) 3.78 Cash and cash equivalents (opening balance) 32.64 28.86 Cash and cash equivalents (closing balance) 23.37 33.20 (9.27) 4.34 Notes to the Cash Flow Statement for the year ended March 31, 2011 : 1 Cash and cash equivalents include: Cash and bank balances 23.17 32.64 Unrealised (gain) | loss on foreign currency cash and cash equivalents 0.20 0.56 Total cash and cash equivalents 23.37 33.20 2 The Cash Flow Statement has been prepared under the ‘Indirect Method’ set out in AS-3 ‘Cash Flow Statement’ referred to in The Companies Accounting Standard Rules, 2006. 3 Cash and cash equivalents represent cash and bank balances only. 4 Cash and cash equivalents include ` 2.81 crores (Previous year ` 2.60 crores) which are not available for use by the Company. 5 Figures of the previous year have been regrouped wherever necessary. As per our attached report of even date For and on behalf of the Board of Directors For Dalal & Shah Firm Registration No. 102020W Sunil S Lalbhai Chartered Accountants Chairman & Managing Director G S Patel S S Baijal B S Mehta H S Shah S Venkatesh S M Datta Partner R A Shah Samveg A Lalbhai Membership No. F-037942 T R Gopi Kannan V S Rangan Managing Director Mumbai President, Finance & B N Mohanan Mumbai May 13, 2011 Company Secretary Directors May 13, 2011 100 | 101