Atul-2011-12

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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