Atul Ltd 2017-18

157 Consolidated Statement of Cash Flows for the year ended March 31, 2018 ( ` cr) Particulars Note 2017-18 2016-17 A Cash flow from operating activities Profit before tax 412.21 446.06 Adjustments for: Add: Depreciation and amortisation expenses 2, 4 110.38 95.44 Finance costs 27 12.74 25.17 Loss on disposal of property, plant and equipment 28 0.12 0.20 Unrealised exchange rate difference (net) (6.16) 4.64 Effect of exchange rates on translation of operating cash flows 4.01 5.78 121.09 131.23 533.30 577.29 Less: Dividends received 23 8.07 7.25 Interest income from financial assets measured at amortised cost 0.29 0.04 Remeasurement to fair value of existing equity interest in acquire in business combination 23 – 30.98 Changes in fair value of biological assets 23 (0.28) 1.78 Gain on disposal of property, plant and equipment 23 0.43 3.71 Share of profit on joint venture company 4.23 4.65 12.74 48.41 Operating profit before change in operating assets and liabilities 520.56 528.88 Adjustments for: (Increase) | Decrease in inventories 10 7.83 (2.53) (Increase) | Decrease in trade receivables (198.29) (82.20) (Increase) | Decrease in other financial assets (6.57) 5.87 (Increase) | Decrease in other assets 9.19 20.00 Increase | (Decrease) in trade payables 121.46 22.39 Increase | (Decrease) in other financial liabilities 7.74 (17.23) Increase | (Decrease) in other current liabilities 0.59 (5.05) Increase | (Decrease) in current provisions 0.93 0.77 Increase | (Decrease) in non-current provisions (2.31) 2.85 (59.43) (55.13) Cash generated from operations 461.13 473.75 Less: Income tax paid (net of refund) 105.42 82.01 Net cash flow from operating activities A 355.71 391.74