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Atul Ltd | Annual Report 2017-18
Statement of Cash Flows
for the year ended March 31, 2018 (continued)
(
`
cr)
Particulars
Note
2017-18
2016-17
B Cash flow from investing activities
Payments towards property, plant and equipment (including capital advance)
(114.04)
(175.65)
Proceeds from disposal of property, plant and equipment
–
4.68
Proceeds from disposal of equity instruments measured at FVOCI
0.06
0.76
Repayments | (Disbursements) of loans given (net)
5.31
1.48
Proceeds | (Payments) from fixed deposits (net)
(0.01)
(0.17)
Interest received on financial assets measured at amortised cost
2.20
2.91
Dividends received
19.72
6.43
Net cash used in investing activities
B
(86.76)
(159.56)
C Cash flow from financing activities
Repayments of term loans
(21.23)
(29.63)
Disbursements | (Repayments) of working capital loans (net)
(133.99)
(111.60)
Payments of unclaimed dividend
(0.23)
(0.27)
Interest paid
(9.07)
(23.12)
Dividend on equity shares (including dividend distribution tax)
(33.07)
(35.43)
Purchase of equity instruments measured at cost
(25.98)
(8.38)
Net cash used in financing activities
C
(223.57)
(208.43)
Net increase | (decrease) in cash and cash equivalents A+B+C
14.81
1.98
Cash and cash equivalents at the beginning of the year
5.38
3.40
Cash and cash equivalents at the end of the year
20.19
5.38
i)
The above 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.
ii)
Cash flows from operating activities include
`
7.39 cr (March 31, 2017:
`
6.60 cr) being expenses towards Corporate
Social Responsibility initiatives.
iii) Refer Note 15 (f) for a reconciliation of changes in liabilities arising from financing activities.
The accompanying Notes 1-27 form an integral part of the Financial Statements
In terms of our report attached
For Deloitte Haskins & Sells LLP
Chartered Accountants
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
April 27, 2018
Samir R. Shah
Partner
Mumbai
April 27, 2018
T R Gopi Kannan
Whole-time Director and CFO
L P Patni
Company Secretary
B N Mohanan
Whole-time Director
and President - U&S