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Schedules forming part of the Consolidated Account
s
No Name of the related party
Jointly
Associate
Key Relatives of key
promoted company management
management
companies
personnel
personnel
Sales and income:
1
Sale of goods
-
6.93
-
-
(24.81)
-
-
-
2
Interest received
-
-
-
-
-
-
-
-
3
Supply of services
-
-
-
-
-
(43.35)
-
-
Purchases and expenses:
1
Purchase of goods
-
-
-
-
-
-
-
-
2
Commission paid
-
-
-
-
-
-
-
-
3
Services charges paid
-
-
-
-
-
-
-
-
4
Remuneration
-
-
285.99
-
-
-
(259.55)
-
5
Discount paid
-
-
-
-
-
-
-
-
Other transactions:
1
Loan given
2.46
-
-
-
(2.60)
-
-
-
2
Other transactions
-
12.82
-
-
-
(2.90)
-
-
3
Fixed deposit received
-
-
-
0.55
-
-
-
-
4
FD interest paid
-
-
-
0.15
(0.19)
5
* Advance adjusted
-
2,129.89
-
-
-
-
-
-
Outstanding balances:
1
Payable
-
-
92.84
1.75
-
-
(98.40)
(2.44)
2
Receivables
8.45
2,346.88
-
-
(14.64)
(3,525.92)
-
-
(c)
Provision for doubtful advances made during the year Rs476.63 lacs.
(d)
Related party relationship is as identified by the Company on the basis of information available with them and relied upon
by the Auditors.
* Capital Advance converted to loan account in terms of Scheme submitted to BIFR.
(b) Transactions with related parties
(Rs in lacs)
SCHEDULE 16 NOTES FORMING PART OF THE ACCOUNTS
(Contd.)
104