Atul Ltd 2015-16

91 Cash Flow Statement for the year ended March 31, 2016 (continued) ( ` cr) Particulars 2015-16 2014-15 B. CASH FLOW FROM INVESTING ACTIVITIES Purchase of tangible assets (365.36) (175.54) Purchase of intangible assets – (0.29) Capital advances 2.72 (17.24) Investments in group companies (9.94) (12.37) Investments in others companies – – Proceeds from sale of investments 4.13 – Proceeds from redemption of preference shares 2.40 – Repayments | (Disbursements) of loans – 5.54 Long-term bank deposits 0.02 – Short-term bank deposits (0.02) – Sale of fixed assets 1.81 0.65 Interest received 2.99 1.05 Dividend received 20.93 2.10 Net cash used in investing activities B (340.32) (196.10) C. CASH FLOW FROM FINANCING ACTIVITIES Repayments of long-term borrowings (60.72) (49.72) Add: Exchange rate difference (1.37) (1.36) Repayments of long-term borrowings (adjusted) (62.09) (51.08) Repayments of short-term borrowings 81.45 (22.39) Total repayments of borrowings 19.36 (73.47) Payment of unclaimed dividend (0.18) (0.12) Interest paid (24.27) (23.93) Dividend on Equity shares (including dividend distribution tax) (30.17) (25.88) Net cash used in financing activities C (35.26) (123.40) Net change in cash and cash equivalents A+B+C (1.30) (2.54) Opening balance - cash and cash equivalents 4.70 7.24 Closing balance - cash and cash equivalents 3.40 4.70 1. The above Cash Flow Statement has been prepared under the ‘Indirect Method’ as set out in the Accounting Standard - 3 ‘Cash Flow Statements’ notified under Section 211 (3C) {Companies (Accounting Standards) Rules, 2006, as amended} of the Companies Act, 1956 and other relevant provisions of the Companies Act, 2013. 2. Cash flow from operating activities includes ` 5.31 cr (March 31, 2015 : ` 3.95 cr) being expenditure towards Corporate Social Responsibility. As per our attached report of even date For Dalal & Shah Chartered Accountants LLP Firm Registration Number: 102020W | W-100040 R A Shah S S Baijal B S Mehta H S Shah S M Datta V S Rangan M M Chitale S A Panse B R Arora Directors For and on behalf of the Board of Directors S S Lalbhai Chairman and Managing Director S A Lalbhai Managing Director Mumbai April 29, 2016 S Venkatesh Partner Membership Number: 037942 Mumbai April 29, 2016 T R Gopi Kannan Whole-time Director and CFO L P Patni Company Secretary B N Mohanan Whole-time Director and President - U&S