Atul Ltd 2010-11

Schedules forming part of the accounts SCHEDULE 16 NOTES FORMING PART OF THE ACCOUNTS (contd) 10(b) Transactions with related parties (contd) ( ` crores) No Name of the related party Subsidiary companies 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 2 Commission paid 1.24 – – – – – – (0.99) – – – – – – 3 Technical know-how fees – 0.30 – – – – – – (–) – – – – – 4 Service charges paid 0.15 1.62 – 1.87 – – – (0.28) (4.41) (0.19) (0.34) – – – 5 Remuneration – – – – 3.11 – – – – – – (2.97) – – 6 Discount paid 0.07 – – – – – – (0.62) – – – – – – 7 Donations – – – – – – 0.33 – – – – – – (0.20) 8 Contribution to common expenses – – – – – – 0.13 – – – – – – (0.26) Other transactions 1 Loans given 7.40 3.59 – – – – 0.07 (2.75) (–) – – – – (–) 2 Reimbursement 1.50 – – – – – – (1.07) – – – – – – 3 Fixed deposits received – – – – – – – – – – – (0.40) (0.49) – 4 Interest paid on fixed deposits – – – – 0.04 0.04 – – – – – (0.03) (0.03) – 5 Investments 6.83 11.47 – – – – – (–) (–) – – – – – 6 Guarantees given 9.50 – – – – – – (–) – – – – – – Outstanding balances 1 Payables 2.53 1.00 – 1.88 1.86 0.47 – (2.30) (0.47) (0.13) (0.17) (1.77) (0.52) – 2 Receivables 58.22 20.74 0.09 1.65 – – 1.42 (42.67) (22.66) (0.60) (–) – – (1.36) 78 | 79