Atul Ltd 2014-15

127 Consolidated Cash Flow Statement for the year ended March 31, 2015 (continued) ( ` cr) Particulars 2014-15 2013-14 B. CASH FLOW FROM INVESTING ACTIVITIES Purchase of tangible assets (183.28) (115.27) Purchase of intangible assets (0.28) 1.13 Capital advances (17.30) 1.28 Proceed from central and state subsidy – 2.57 Acquisition of minority interest 0.17 0.26 Sale | (Purchase) of investments in associate companies 15.78 2.68 Sale | (Purchase) of investments in other companies (0.51) (0.54) Exchange difference on consolidation 9.91 (2.16) Long-term bank deposits – 0.03 Short-term bank deposits 0.25 2.12 Sale of fixed assets 7.45 0.32 Interest received 0.48 1.09 Dividend received 2.11 23.43 Net cash used in investing activities B (165.22) (83.06) C. CASH FLOW FROM FINANCING ACTIVITIES (Repayments) | Disbursements from long-term borrowings (51.35) (34.25) Add: Exchange rate difference (2.87) (4.00) (Repayments) | Disbursements from long-term borrowings (adjusted) (54.22) (38.25) (Repayments) | Disbursements from short-term borrowings (19.16) 31.31 Total (repayments) | disbursements from borrowings (73.38) (6.94) Acquisition of subsidiary company 0.21 0.57 Payment of unclaimed dividend (0.12) (0.14) Interest paid (26.03) (33.30) Dividend on Equity shares | Preference shares (including dividend distribution tax) (25.95) (20.67) Net cash used in financing activities C (125.27) (60.48) Net change in cash and cash equivalents A+B+C 15.81 8.17 Opening balance - cash and cash equivalents 18.06 9.89 Closing balance - cash and cash equivalents 33.87 18.06 The Consolidated Cash Flow Statement has been prepared under the ‘Indirect Method’ set out in Accounting Standard-3 ‘Cash Flow Statement’ referred to in The Companies Accounting Standard Rules, 2006. As per our attached report of even date For Dalal & Shah Chartered Accountants LLP Firm Registration Number: 102020W | W-100040 R A Shah S S Baijal B S Mehta H S Shah S M Datta V S Rangan M M Chitale S A Panse B R Arora Directors For and on behalf of the Board of Directors S S Lalbhai Chairman and Managing Director S A Lalbhai Managing Director Mumbai April 30, 2015 S Venkatesh Partner Membership Number: 037942 Mumbai April 30, 2015 T R Gopi Kannan Whole-time Director and CFO L P Patni Company Secretary B N Mohanan Whole-time Director and President - U&S