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Atul Ltd | Annual Report 2010-11
Consolidated Cash Flow Statement
for the year ended March 31, 2011
(
`
crores)
Particulars
2010-11
2009-10
(A) CASH FLOW FROM OPERATING ACTIVITIES
Profit before tax and extraordinary items
138.98
78.90
Adjustments for
Add:
Depreciation
38.64
37.42
Interest and finance charges
25.54
25.76
Loss on assets sold or discarded
1.97
0.43
Exchange rate difference
2.00
(6.73)
Exchange difference on consolidation (loss)
–
1.68
Bad debts and irrecoverable balances written off
1.71
1.63
Provision for doubtful debts
0.41
–
Obsolete material written off
0.61
1.87
70.88
62.06
209.86
140.96
Less:
Dividend received
5.42
4.97
Interest received
0.41
1.06
Impairment written back
0.89
–
Provisions no longer required
6.24
1.53
Exchange difference on consolidation (loss)
0.46
–
Gain on settlement of long-term export advance
8.20
–
Surplus on sale of fixed assets
0.03
0.04
21.65
7.60
Operating profit before working capital changes
188.21
133.36
Adjustments for
Inventories
(57.16)
(14.89)
Trade and other receivables
(57.43)
(67.77)
Trade and other payables
32.20
80.75
(82.39)
(1.91)
Cash generated from operations
105.82
131.45
Less:
Direct taxes (refund) | paid
45.90
21.73
Net cash flow from operating activities
A
59.92
109.72
(B) CASH FLOW FROM INVESTING ACTIVITIES
Purchase of fixed assets
(50.58)
(18.91)
Capital advances
(1.43)
(3.52)
Investments in associates
(21.18)
–
Acquisition of minority interest
(0.04)
3.99
Sale of fixed assets
2.74
0.30
Disbursements | (repayments) of loans
(0.07)
(0.38)
Exchange difference on consolidation
0.46
(1.68)
Sale of investments
–
1.50
Capital subsidy
–
8.96
Interest received
0.41
1.06
Dividend received
5.42
4.97
Net cash used in investing activities
B
(64.27)
(3.71)