Atul Ltd 2019-20

139 Standalone | Notes to the Financial Statements ( ` cr) Note 28.4 (H) Outstanding balances as at year end As at March 31, 2020 As at March 31, 2019 Atul USA Inc 1.10 0.53 DPD Ltd 1.14 0.68 Lapox Polymers Ltd 1.40 1.42 5 Advance given 1.14 0.68 DPD Ltd 1.14 0.68 6 Acceptances 1.33 - Atul Fin Resources Ltd 1.33 - ¹Interest free loan at amortised cost (Current year: ` nil and Previous year: ` 4.92 cr) including equity component, pursuant to the order of Board for Industrial and Financial Reconstruction. ( ` cr) Note 28.4 (H) Outstanding balances as at year end As at March 31, 2020 As at March 31, 2019 b) With joint venture company 1 Receivables 1.04 1.68 2 Refundable security deposit 2.20 2.40 3 Payables (Current year: ` 22,818) 0.09 All above balances are with Rudolf Atul Chemicals Ltd. ( ` cr) Note 28.4 (H) Outstanding balances as at year end As at March 31, 2020 As at March 31, 2019 c) With joint operation Receivables 0.14 3.15 ( ` cr) Note 28.4 (H) Outstanding balances as at year end As at March 31, 2020 As at March 31, 2019 d) With entities over which Key Management Personnel or their close family members have significant influence 1 Receivables 0.09 0.03 Atul Foundation Trust (Current year: ` 15,181) - Atul Kelavani Mandal (Previous year: ` 45,804) 0.01 Atul Rural Development Fund (Previous year: ` 41,276) 0.01 Atul Vidyalaya Trust 0.07 0.03 Urmi Stree Sanstha (Current year: ` 10,023 and Previous year: ` 21,914) 2 Payables - 0.02 Atul Rural Development Fund (Previous year: ` 15,000) - Atul Vidyalaya Trust - 0.02 Note 28.4 (i) Terms and conditions 1 Sales to and purchases from related parties were made on normal commercial terms and conditions and at prevailing market prices or where market price is not available, at cost plus margin. 2 Transactions relating to dividends were on the same terms and conditions that applied to other shareholders. Subscriptions for new equity shares were on preferential basis. 3 All outstanding balances are unsecured and are repayable in cash and cash equivalent. Note 28.4 Related party disclosures (continued)