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Atul Ltd | Annual Report 2016-17
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
Payment to acquire property, plant and equipment
(175.59)
(358.14)
Proceeds from disposal of equity instruments measured at FVOCI
0.76
–
Proceeds from redemption of Preference shares measured at FVPL
–
2.40
Repayments | (Disbursements) of loans given
6.66
(1.49)
Proceeds | (Payment) from fixed deposits
(0.17)
–
Proceeds from disposal of property, plant and equipment
4.68
1.81
Interest received on financial assets measured at amortised cost
3.72
2.51
Dividend received
6.43
10.55
Net cash outflow from investing activities
B
(153.51)
(342.36)
C Cash flow from financing activities
Repayments of term loans | non-current borrowings
(29.63)
(60.31)
Disbursements | (Repayments) of working capital loans | current
borrowings
(111.60)
81.92
Total Disbursements | (Repayments) of borrowings
(141.23)
21.61
Payment of unclaimed dividend
(0.27)
(0.18)
Interest paid
(23.12)
(26.27)
Dividend on Equity shares (including dividend distribution tax)
(35.43)
(30.17)
Purchase of equity instruments measured at cost
(8.38)
(2.85)
Proceeds from disposal of equity instruments measured at cost
–
4.13
Net cash outflow from financing activities
C
(208.43)
(33.73)
Net increase | (decrease) in cash and cash equivalents A+B+C
1.98
(1.30)
Cash and cash equivalents at the beginning of the financial year
3.40
4.70
Cash and cash equivalents at the end of the financial year
5.38
3.40
i)
The above 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
`
6.60 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