Atul Ltd 2012-13

101 Consolidated Cash Flow Statement for the year ended March 31, 2013 (contd) ( ` cr) Particulars 2012-13 2011-12 (B) CASH FLOW FROM INVESTING ACTIVITIES Purchase of tangible assets (103.05) (130.64) Purchase of intangible assets (3.03) (2.87) Capital advances (0.36) 0.03 Acquisition of minority interest (0.07) 0.24 Investments in associate companies (0.20) 5.15 Investments in other companies 0.13 (0.74) Exchange difference on consolidation (14.90) 16.47 Long-term bank deposits 0.25 0.87 Short-term bank deposits (2.62) (1.72) 6DOH RI À[HG DVVHWV 2.18 6.42 Interest received 0.29 1.24 Dividend received 3.41 1.59 Net cash used in investing activities B (117.97) (103.96) (C) CASH FLOW FROM FINANCING ACTIVITIES Proceeds from long-term borrowings 4.34 29.97 Add: Exchange rate difference (0.12) (6.08) Proceeds from long-term borrowings (adjusted) 4.22 23.89 Proceeds from short-term borrowings (33.04) 39.40 Total proceeds from borrowings (28.82) 63.29 Acquisition of subsidiary company 2.36 6.63 Payment of Unclaimed dividend (0.02) (0.08) Interest paid (35.23) (37.26) Dividend on Equity Shares (including dividend distribution tax) (15.45) (16.42) Net cash used in financing activities C (77.16) 16.16 Net change in cash and cash equivalents A+B+C (6.42) 0.81 Opening balance - cash and cash equivalents 16.31 15.50 Closing balance - cash and cash equivalents 9.89 16.31 (6.42) 0.81 Notes to the Cash Flow Statement for the year ended March 31, 2013: The Cash Flow Statement has been prepared under the ‘Indirect Method’ set out in Accounting Standard-3 ‘Cash Flow Statement’ referred to in the Companies Accounting Standard Rules, 2006. As per our attached report of even date For and on behalf of the Board of Directors For Dalal & Shah Firm Registration Number: 102020W Sunil S Lalbhai Chartered Accountants Chairman and Managing Director G S Patel S S Baijal B S Mehta H S Shah S Venkatesh S M Datta Partner B N Mohanan Samveg A Lalbhai Membership Number: 037942 T R Gopi Kannan V S Rangan Managing Director Mumbai President, Finance and R A Shah Mumbai May 07, 2013 Company Secretary Directors May 07, 2013