Atul Ltd 2011-12

Atul Ltd | Annual Report 2011-12 NOTE 27.5 (B) Summary of related party transactions ( ` cr) No Nature of transaction 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 2.66 0.50 – – – – (0.19) (0.57) – – – – Purchases and expenses 1 Purchase of goods 12.91 – – – – – (10.60) – – – – – 2 Technical know-how fees – – – – – – (0.30) – – – – – 3 Service charges 1.24 – 2.59 – – – (1.04) – (1.87) – – – 4 Remuneration – – – 4.08 – – – – – (3.11) – – 5 Donations – – – – – 0.57 – – – – – (0.33) 6 Contribution to common expenses – – – – – 0.06 – – – – – (0.13) 7 Reimbursement of expenses 0.10 – 0.95 – – – – – – – – – 8 Interest paid on public deposits – – – 0.04 0.05 – – – – (0.04) (0.04) – Other transactions 1 Loans given – – – – – – (3.59) – – – – (0.07) 2 Investments – – – – – – (11.47) – – – – – 3 Investments purchased 2.75 – – – – – – – – – – – 4 Advance for Land 0.64 – – – – – – – – – – – 5 Advance adjusted 1.90 – – – – – – – – – – – Outstanding balances as at year end 1 Payables 1.05 – 0.17 – – – (0.52) – (1.88) (1.86) (0.47) – 2 Receivables 23.26 – – – – 1.20 (17.76) (0.09) (1.65) – – (1.42) Notes to Consolidated financial statements