Atul Ltd 2010-11

14 I 15 Expenditure Total expenditure (excluding tax) decreased by 2% in terms of percentage of total operating revenues and increased by 27% in absolute terms over the previous year. Dividend The Board has recommended a higher dividend of 45% (up from 40%) on fully paid up Equity Shares of ` 10 each, for the year ended March 31, 2011. Accordingly, proposed dividend (including dividend distribution tax), if approved by the Shareholders, will absorb ` 16 crores as against ` 14 crores and will be 18% of the profit after tax. Dividend per Share *Proposed 2.00 2.50 3.00 3.50 4.00 4.50 5.00 2010-11* 2009-10 2008-09 2007-08 2006-07 3.00 3.00 3.00 4.00 4.50 * ` 55 57 9 7 9 9 5 5 4 3 2 1 2 5 4 4 3 2 1 3 Depreciation Others Interest & nance charges Exchange di erence Tax Raw materials Power, fuel & water Selling & distribution Employees Repairs & maintenance Individual Expense head as a percentage of Operating Revenues 2009-10 2010-11