Atul Ltd 2010-11

SCHEDULE 16 NOTES FORMING PART OF THE CONSOLIDATED ACCOUNTS (contd) (b) Transactions with related parties (contd) ( ` crores) No Name of the related party Associate companies Enterprises over which control exercised by key management personnel Enterprises over which significant influence exercised Key management personnel Relatives of key management personnel Welfare Funds Other transactions 1 Loans given 9.29 - - - - 0.07 ( - ) - - - - ( - ) 2 Repayment of loans given 4.30 - - - - - ( - ) - - - - - 3 Fixed deposits received - - - - - - - - - (0.40) (0.49) - 4 Interest paid on fixed deposits - - - 0.04 0.04 - - - - (0.03) (0.03) - 5 Investments 31.18 - - - - - ( - ) - - - - - Outstanding balances 1 Payables 1.00 - 1.88 1.86 0.47 – (0.47) (0.13) (0.17) (1.77) (0.52) – 2 Receivables 26.45 0.09 1.65 – – 1.42 (27.80) (0.60) ( - ) – – (1.36) (c) Material transactions with related parties ( ` crores) No Name of the related party Associate companies Enterprises over which control exercised by key management personnel Enterprises over which significant influence exercised Key management personnel Relatives of key management personnel Welfare Funds Sales and income 1 Sale of goods Atul Bioscience Ltd 2.61 - - - - - (0.30) - - - - - Atul Bio Space Private Ltd - 0.57 - - - - - (0.18) - - - - 2 Interest received Atul Bioscience Ltd 0.16 - - - - - (0.39) - - - - - Purchases and expenses 1 Purchase of goods Amal Ltd 10.60 - - - - - ( - ) - - - - - Schedules forming part of the Consolidated accounts 114 | 115