Atul Ltd 2015-16

131 Consolidated Cash Flow Statement for the year ended March 31, 2016 (continued) ( ` cr) Particulars 2015-16 2014-15 B. CASH FLOW FROM INVESTING ACTIVITIES Purchase of tangible assets (369.88) (184.78) Purchase of intangible assets – (0.30) Capital advances 2.84 (17.30) Acquisition of minority interest (0.06) 0.17 Sale | (Purchase) of investments in associate companies 1.45 15.79 Sale | (Purchase) of investments in other companies 0.46 (0.51) Exchange difference on consolidation 7.86 9.91 Long-term bank deposits (0.02) – Short-term bank deposits (0.44) 0.36 Sale of fixed assets 1.81 7.45 Interest received 2.88 0.48 Dividend received 3.08 2.11 Net cash used in investing activities B (350.02) (166.62) C. CASH FLOW FROM FINANCING ACTIVITIES Repayments of long-term borrowings (64.02) (53.61) Add: Exchange rate difference (1.37) (1.35) Repayments of long-term borrowings (adjusted) (65.39) (54.96) Repayments of short-term borrowings 75.52 (16.90) Total repayments of borrowings 10.13 (71.86) Acquisition of subsidiary company 0.14 0.21 Payment of unclaimed dividend (0.17) (0.12) Interest paid (27.70) (26.11) Dividend on Equity shares | Preference shares (including dividend distribution tax) (30.65) (25.95) Net cash used in financing activities C (48.25) (123.83) Net change in cash and cash equivalents A+B+C (14.40) 15.81 Opening balance - cash and cash equivalents 33.87 18.06 Closing balance - cash and cash equivalents 19.47 33.87 1. The above Consolidated Cash Flow Statement has been prepared under the ‘Indirect Method’ as set out in the Accounting Standard-3 ‘Cash Flow Statements’ notified under Section 211 (3C) {Companies (Accounting Standards) Rules, 2006, as amended} of the Companies Act, 1956 and other relevant provisions of the Companies Act, 2013. 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 29, 2016 S Venkatesh Partner Membership Number: 037942 Mumbai April 29, 2016 T R Gopi Kannan Whole-time Director and CFO L P Patni Company Secretary B N Mohanan Whole-time Director and President - U&S