Atul Ltd 2011-12

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