Atul Ltd 2009-10

106 / Atul Ltd | Annual Report 2009-10 (Rs crores) Particulars 2009-10 2008-09 (A) CASH FLOW FROM OPERATING ACTIVITIES Profit before tax and extraordinary items 78.90 50.29 Adjustments for: Add: Depreciation 37.42 31.87 Interest and finance charges 25.14 40.17 Loss on assets sold or discarded 0.43 0.35 Exchange rate difference (6.73) 25.90 Exchange rate difference on consolidation 1.68 (1.08) Provision for doubtful debts - 7.32 Obsolete material written off 1.87 0.72 59.81 105.25 138.71 155.55 Less: Dividend 4.97 4.63 Interest received 0.41 2.60 Provisions no longer required - 2.15 Surplus on sale of fixed assets 0.04 1.24 5.42 10.62 Operating Profit before working capital changes 133.29 144.92 Adjustments for: Inventories (14.89) 18.91 Trade and other receivables (67.67) 63.09 Trade and other payables 84.74 (33.85) 2.18 48.15 Cash generated from Operations 135.47 193.07 Less: Direct taxes (refund) | paid 21.73 2.08 Net cash flow from operating activities A 113.74 190.99 (B) CASH FLOW FROM INVESTING ACTIVITIES Purchase of fixed assets and capital advances (22.43) (67.49) Sale of fixed assets 0.30 3.37 (Disbursements) | repayments of loans (0.38) - Purchase of investments - (1.50) Sale of investments 1.50 - Interest received 0.41 2.60 Exchange rate difference on consolidation of subsidiaries (1.68) 1.08 Dividend received 4.97 4.63 Capital subsidy 8.96 0.20 Net cash used in investing activities B (8.35) (57.11) Consolidated Cash Flow Statement of Atul Ltd and its Subsidiary Companies for the year ended March 31, 2010 107