Atul Ltd 2015-16

Atul Ltd | Annual Report 2015-16 Cash Flow Statement for the year ended March 31, 2016 ( ` cr) Particulars 2015-16 2014-15 A. CASH FLOW FROM OPERATING ACTIVITIES Profit before tax 393.03 312.11 Adjustments for: Add: Depreciation and amortisation expenses 61.69 55.28 Finance costs 25.84 23.64 Loss on assets sold or discarded 1.01 0.78 Unrealised exchange rate difference (net) 1.86 (4.53) Bad debts and irrecoverable balances written off 1.55 1.75 Provision for doubtful debts 1.48 0.98 Adjustment in the carrying value of investment 7.71 – Provision for diminution in value of investments – 0.02 101.14 77.92 494.17 390.03 Less: Dividend received 21.02 2.10 Interest received 3.02 1.06 Provisions no longer required 6.31 1.62 Provisions for doubtful debt written back 0.24 0.68 Profit on sale of investment 0.03 – Surplus on sale of fixed assets 1.27 1.39 31.89 6.85 Operating profit before working capital changes 462.28 383.18 Adjustments for: Inventories (24.53) 26.10 Trade receivables 15.35 9.01 Short-term loans and advances (9.11) (9.57) Other current assets (7.36) 5.20 Non-current assets 0.18 6.23 Long-term loans and advances (0.09) 2.20 Long-term provisions 1.37 0.70 Trade payables 31.61 (53.60) Other current liabilities 7.49 17.07 Other long-term liabilities 4.37 2.33 Short-term provisions (1.67) (0.16) 17.61 5.51 Cash generated from operations 479.89 388.69 Less: Direct taxes net of refund 105.61 71.73 Net cash flow from operating activities A 374.28 316.96