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Atul Ltd | Annual Report 2016-17
Consolidated Statement of Cash Flows
for the year ended March 31, 2017 (continued)
(
`
cr)
Particulars
Note
2016-17
2015-16
B Cash flow from investing activities
Payments to acquire property, plant and equipment
(219.13)
(371.95)
Payments to acquire equity investment measured at cost
12.60
0.20
Proceeds from sale of equity investment measured at FVOCI
(0.09)
(0.04)
Proceeds from sale of equity investment measured at cost
(0.34)
(8.23)
Repayments of loans
21.35
–
(Disbursements) of loans
–
(1.53)
Proceeds | (Payment) from fixed deposits
(1.02)
(0.44)
Proceeds | (Payment) from mutual funds
(0.86)
0.60
Proceeds from disposal of property, plant and equipment
4.68
1.81
Interest received on financial assets measured at amortised cost
0.76
0.01
Dividend received
(2.16)
4.79
Net cash outflow from investing activities
B
(184.21)
(374.78)
C Cash flow from financing activities
Repayments of term loans | non-current borrowings
(31.13)
(61.81)
Disbursements | (Repayments) of working capital loans | current borrowings
(111.79)
79.65
Total Disbursements | (Repayments) of borrowings
(142.92)
17.84
Payment of unclaimed dividend
(0.27)
0.10
Transaction with non-controlling interests
(5.89)
(0.77)
Interest paid
(26.29)
(25.98)
Dividend on Equity shares (including dividend distribution tax)
(35.45)
(30.53)
Net cash outflow from financing activities
C
(210.82)
(39.34)
Net increase in cash and cash equivalents
A+B+C
6.70
(13.15)
Cash and cash equivalents at the beginning of the financial year
18.07
30.99
Net effect of exchange gain | (loss) on cash and cash equivalents
(1.33)
0.23
Cash and cash equivalents at the end of the financial year
23.44
18.07
i) The above Consolidated Statement of Cash Flows has been prepared under the ‘Indirect Method’ as set out in the
Ind AS 7 on Statement of Cash Flows as notified under Companies (Accounts) Rules, 2015.
ii) Cash flows from operating activities includes
`
3.90 cr (March 31, 2016:
`
5.31 cr) being expenses towards Corporate
Social Responsibility initiatives.
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
May 05, 2017
S Venkatesh
Partner
Membership Number: 037942
Mumbai
May 05, 2017
T R Gopi Kannan
Whole-time Director and CFO
L P Patni
Company Secretary
B N Mohanan
Whole-time Director
and President - U&S