133 / 220
131
Note 27.4 (I) Outstanding balances as at year end
(continued)
(
`
cr)
b) With joint venture company
As at
March 31, 2018
As at
March 31, 2017
01 Dividends receivable
2.92
3.72
02 Receivables
1.44
1.59
03 Refundable security deposit
2.60
2.60
04 Payables
0.10
–
All above balances are with Rudolf Atul Chemicals Ltd
(
`
cr)
c) With joint operation
As at
March 31, 2018
As at
March 31, 2017
01 Receivables
0.88
–
(
`
cr)
d) With Key Management Personnel
As at
March 31, 2018
As at
March 31, 2017
01 Payables
0.01
0.01
Directors deposit
0.01
0.01
(
`
cr)
e) With Entities over which Key Management Personnel or their close family
members have significant influence
As at
March 31, 2018
As at
March 31, 2017
01 Receivables
0.07
0.03
Atul Kelavani Mandal (Previous year:
`
35,655)
0.05
Atul Rural Development Fund (Current year:
`
25,564)
0.01
Atul Vidyalaya
0.02
0.02
Urmi Stree Sanstha (Current year:
`
7,199 and Previous year:
`
1,864)
02 Payables
0.03
Atul Rural Development Fund (Current year:
`
12,500)
0.03
Note 27.4 (J) Terms and conditions
01 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.
02 Transactions relating to dividends and subscriptions for new equity shares were on the same terms and conditions
that applied to other Shareholders.
03 All outstanding balances are unsecured and are repayable in cash.
Notes
to the Financial Statements