Atul Ltd 2009-10

14 / Atul Ltd | Annual Report 2009-10 Investments The Company invested its operational surplus in its business. Other investments remained more or less unchanged at Rs 65 crores. Inventories Inventory constituted 34% of current assets as on March 31, 2010. Inventory value marginally increased by 7% from Rs 197 crores as on March 31, 2009 to Rs 211 crores as on March 31, 2010. Inventory days stood at 66 days during the year against 62 days in the previous year. Debtors Debtors constituted 43% of the current assets as on March 31, 2010. Debtors increased by 22% from Rs 223 crores as on March 31, 2009 to Rs 271 crores as on March 31, 2010 due to substantial increase in sales during the last quarter of the year as compared to the previous year. Debtor days stood at 81 days during the year against 66 days in the previous year. Loans and Advances Loans and advances increased by 18% from Rs 110 crores as on March 31, 2009 to Rs 130 crores as on March 31, 2010. The increase was mainly attributable to balance with Government suppliers | departments. Current Liabilities Current liabilities increased by 48% from Rs 178 crores as on March 31, 2009 to Rs 263 crores as on March 31, 2010 primarily due to our focus on improving working capital position. Income Sales volume on an average grew by 18%. However operating revenues at Rs 1,198 crores recorded only an insignificant growth of less than 1% mainly due to a decline in the prices of raw materials and consequently those of finished goods. Exports declined by 11% to Rs 513 crores due to the economic slowdown in the USA and Europe. However, domestic sales at Rs 655 crores grew by 12% and made up for the lower exports. 15 Colors Aromatics Bulk Chemicals and Intermediates Crop Protection Pharma and Intermediates Polymers 24 24 21 6 19 6 Revenues by business India Asia Europe North America South America Africa Sales by geography 56 16 14 9 3 2 (%) (%)