Atul Ltd 2015-16

27 1.3 Foreign exchange earnings and outgo 1.3.1 Export sales: activities, development initiatives and future plan The Company sold its products in 68 countries, directly and through its subsidiary companies in the USA, the UK, the UAE, China and Brazil. Sales outside India* decreased by 1% from ` 1,163 cr to ` 1,148 cr mainly due to lower price realisation as compared to the previous year. The Company is taking further steps to strengthen its international marketing network. * Free On Board (FOB) value 1.3.2 Total foreign exchange used and earned ( ` cr) Particulars 2015-16 2014-15 Used for Import of raw materials, travel expenses, books and periodicals, payment of dividend, etc 392.69 411.38 Loan repayment 132.58 64.35 Earned from Exports – FOB value 1,148.03 1,163.41 Dividend income and others 24.48 –