Atul Ltd 2009-10

Corporate Identity Serving Diverse Industries Purpose and Values Overview by the Chairman Operational Highlights Financial Analysis Research and Technology Safety, HealthandEnvironment Serving the Society Directors’ Report Management Discussion andAnalysis Report on Corporate Governance Financial Statements (Rs crores) Schedule 9 Operating Income 2009-10 2008-09 Export incentives 13.25 15.83 Technical service charges 3.21 1.57 Miscellaneous scrap sales 5.23 3.97 Bad debts recovered 0.07 0.05 Provision for doubtful debts and advances written back 16.16 0.40 Less: Write back on account of amounts written off during the year, as per contra 16.16 0.40 - - Surplus on sale of fixed assets 0.04 1.24 Interest from customers* 0.06 0.13 Interest from fixed deposit with bank* 0.19 0.12 Interest others* 0.29 2.06 Lease rental income 0.01 0.01 Miscellaneous income 7.86 6.24 30.21 31.22 (Rs crores) Schedule 10 Other Income 2009-10 2008-09 Dividend from long term investments 4.97 4.63 Interest from Inter Corporate Deposit* 0.38 0.41 5.35 5.04 * Gross, tax deducted Rs 0.24 crore (Previous year Rs 0.14 crore) (Rs crores) Schedule 11 Cost of Goods Sold and Materials Consumed 2009-10 2008-09 Raw materials consumed Stocks at commencement 40.67 45.87 Add: Purchases 658.31 638.80 698.98 684.67 Less: Stocks at close 36.86 40.67 662.12 644.00 Finished goods purchases 17.20 23.03 (Increase) | decrease in stock Stocks at close Materials - in - process 87.79 60.72 Finished goods 63.80 67.25 151.59 127.97 Schedule forming part of Profit and Loss Account for the year ended March 31, 2010