Atul Ltd 2019-20

Corporate Overview Statutory Reports Financial Statements 168 Atul Ltd | Annual Report 2019-20 01-21 22-91 92-228 ( ` cr ) Particulars Note 2019-20 2018-19 C CASH FLOW FROM FINANCING ACTIVITIES Disbursements | (Repayments) of term loans | non-current borrowings 52.72 45.35 Repayments of working capital loans | current borrowings 0.98 (6.50) Payments of unclaimed dividend (1.12) (0.19) Transaction with non-controlling interests (3.32) 8.71 Interest paid (9.40) (7.42) Dividend on equity shares (including dividend distribution tax) (150.41) (41.04) Proceeds from sale of equity investment measured at cost 2.96 0.01 Net cash used in financing activities C (107.59) (1.08) Net increase | (decrease) in cash and cash equivalents A+B+C (11.87) (4.96) Cash and cash equivalents at the beginning of the year 37.59 42.67 Net effect of exchange gain | (loss) on cash and cash equivalents 0.47 (0.12) Cash and cash equivalents at the end of the year 26.19 37.59 i) T he above Consolidated Statement of Cash Flows has been prepared under the 'Indirect Method' as set out in the Ind AS 7 on the Statement of Cash Flows as notified under Companies (Indian Accounting Standards) Rules, 2015 as amended. ii) C ash flows from operating activities net off ` 10.09 cr (March 31, 2019: ` 8.31 cr) being expenditure towards Corporate Social Responsibility initiatives. iii) Refer Note 16 (d) for a reconciliation of changes in liabilities arising from financing activities. The accompanying Notes 1-29 form an integral part of the Consolidated Financial Statements In terms of our report attached For Deloitte Haskins & Sells LLP For and on behalf of the Board of Directors Chartered Accountants Samir R. Shah T R Gopi Kannan S S Lalbhai Partner Whole-time Director and CFO Chairman and Managing Director L P Patni Company Secretary B N Mohanan Mumbai Whole-time Director Atul April 28, 2020 and President - U&S April 28, 2020 Consolidated Statement of Cash Flows for the year ended March 31, 2020