Atul Ltd 2020-21

165 Statutory Report 22 - 87 Financial Statements 88 - 229 Corporate Overview 01 - 21 Consolidated Statement of Cash Flows for the year ended March 31, 2021 ( ` cr ) Particulars 2020-21 2019-20 A CASH FLOW FROM OPERATING ACTIVITIES Profit before tax 881.68 845.42 Adjustments for: Depreciation and amortisation expense 136.32 130.21 Finance costs 9.35 9.40 Loss | (gain) on disposal of property, plant and equipment (net ) 0.09 (0.28) Unrealised exchange rate difference (net ) 13.32 (21.11) Effect of exchange rates on translation of operating cash-flows 4.41 4.12 Bad debts and irrecoverable balances written off 0.62 4.66 Allowance for doubtful debts 1.85 5.17 Dividend income (57.04) (19.10) Interest income from financial assets measured at amortised cost (12.99) (3.02) Changes in fair value of biological assets (0.31) (1.93) Advances recovered written off earlier - (1.81) Liability no longer required written back (0.15) (2.59) Gain on disposal of current investments measured at FVPL (net ) (24.15) (11.68) Income on account of government grants (0.97) (1.07) Share of profit on joint venture company (7.25) (4.98) Operating profit before change in operating assets and liabilities 944.78 931.41 Adjustments for: (Increase) | Decrease in inventories | biological assets (92.57) 4.65 (Increase) | Decrease in trade receivables (32.65) (3.64) (Increase) | Decrease in other financial assets 5.03 2.58 (Increase) | Decrease in other assets 8.19 21.79 Increase | (Decrease) in trade payables 88.31 94.27 Increase | (Decrease) in other financial liabilities (3.78) 20.38 Increase | (Decrease) in contract liabilities (1.06) 17.03 Increase | (Decrease) in other current liabilities (1.32) 0.93 Increase | (Decrease) in provisions 5.34 8.75 Cash generated from operations 920.27 1,098.15 Income tax paid (net of refund) (202.32) (216.77) Net cash flow from operating activities A 717.95 881.38 B CASH FLOW FROM INVESTING ACTIVITIES Payments towards property, plant and equipment (including capital advance) (322.51) (373.99) Proceeds from disposal of property, plant and equipment 0.97 0.57 Proceeds from sale of equity investment measured at FVOCI 0.11 0.12 Purchase of equity investment measured at FVOCI (32.65) - Investment in bonds measured at FVPL (15.59) - Repayments of loans given 0.12 0.74 Disbursements of loans (5.95) - Redemption of | (Investment in) bank deposits (net ) (292.59) 8.85 Purchase of current investments measured at FVPL (net ) (49.20) (446.20) Proceeds from disposal of equity investment measured at cost - 2.96 Interest received on financial assets measured at amortised cost 12.80 2.95 Dividend received 58.10 21.30 Net cash used in investing activities B (646.39) (782.70)