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Atul Ltd | Annual Report 2011-12
Cash Flow Statement
for the year ended March 31, 2012
(
`
cr)
Particulars
2011-12
2010-11
(A) CASH FLOW FROM OPERATING ACTIVITIES
Profit before tax
122.48
139.17
Adjustments for:
Add:
Depreciation and amortisation expenses
43.65
38.54
Finance costs
43.10
26.22
Loss on assets sold or discarded
0.06
1.96
Unrealised exchange rate difference (net)
(3.43)
2.00
Bad debts and irrecoverable balances written off
3.01
1.47
Provision for doubtful debts
0.79
0.41
Obsolete material written off
-
0.60
87.18
71.20
209.66
210.37
Less:
Dividend received
1.59
5.42
Interest received
2.35
1.55
Impairment written back
-
0.89
Provisions no longer required
3.69
7.01
Gain on settlement of long-term export advance
-
8.20
Reversal of provision for diminution in value of long-term investment
in a subsidiary company
6.51
-
Sale of technical know-how
1.63
-
Surplus on sale of fixed assets
0.28
0.03
16.05
23.10
Operating profit before working capital changes
193.61
187.27
Adjustments for:
Inventories
(31.86)
(50.70)
Trade receivables
(73.72)
(38.19)
Short-term loans and advances
4.80
1.15
Other current assets
(4.51)
(5.17)
Non-current assets
(3.98)
(21.00)
Long-term loans and advances
(1.94)
6.02
Long-term provisions
0.73
2.60
Trade payables
55.46
61.61
Other current liabilities
19.00
(27.86)
Short-term provisions
1.21
(10.21)
(34.81)
(81.75)
Cash generated from operations
158.80
105.52
Less:
Direct taxes (refund) | paid
38.30
45.32
Net cash flow from operating activities
A
120.50
60.20