Page 297 - Tata_Chemicals_yearly-reports-2020-2021

Integrated Report Statutory Reports Financial Statements
1-59 60-146 Consolidated

(b) Transactions with Related parties (as defined under Ind AS 24) during the year ended March 31, 2021 and balances
outstanding as at March 31, 2021.
` in crore
Subsidiaries and Joint
Joint Ventures of Tata Chemicals Limited Promoter ventures of Tata Sons Other
Private Limited
Indo Maroc Tata Tata Sons Tata Related KMP Total
parties
Other
Phosphore The Block Salt Industries Private Consultancy Entities
Company Ltd.
S. A. Ltd. Limited Services Ltd.
- - - - - 39.60 - - 39.60
Investments
- - - - - - - - -
Purchase of goods - - - - - 47.64 - - 47.64
(includes stock in transit) - net - - - - - 18.68 - - 18.68
- 7.54 - - - - - - 7.54
Sales
- 4.38 - - - - - - 4.38
Other Services - expenses - - 4.70 18.89 14.25 6.06 - - 43.90
(net of reimbursements) - - 0.71 16.93 15.11 6.21 - - 38.96
- - - - - 11.34 - - 11.34
Other Services - Income
- - 0.16 0.10 - 0.16 - - 0.42
26.49 - - 10.24 - 0.81 - - 37.54
Dividend received
72.24 - - 10.24 - 1.48 - - 83.96
- - - - - 7.96 - - 7.96
Miscellaneous purchases
- - - - - 5.22 - - 5.22
- - 0.09 79.89 - 16.72 - - 96.70
Dividend paid
- - 0.10 74.73 - 21.38 - - 96.21
- - - - - - - - -
Interest paid
- - - - - 0.10 - - 0.10
- - - - - 13.13 - - 13.13
Interest received
- - - - - - - - -
- - - - - - - - -
Redemption of Debentures
- - - - - 4.00 - - 4.00
- - - - - 0.83 - - 0.83
Deposit received
- - - - - - - - -
Contributions to employee benefit - - 0.03 - - - 40.04 - 40.07
trusts / Other Employees' Related - - - - - 0.08 37.91 - 37.99
Expenses
Compensation to KMPs
- - - - - - - 9.59 9.59
Short-term employee benefits
- - - - - - - 9.92 9.92
- - - - - - - (1.31) (1.31)
Post-employment benefits
- - - - - - - 7.38 7.38
Amount receivables / advances /balances
As at March 31, 2021 - 1.58 - - - 0.84 0.42 - 2.84
As at March 31, 2020 - 2.61 0.03 - - 0.42 1.04 - 4.10
Refundable Deposit
As at March 31, 2021 - - - - - 0.83 - - 0.83
As at March 31, 2020 - - - - - - - - -
Amount payables (in respect of goods purchased and other services)
As at March 31, 2021 - - 0.77 6.08 2.56 1.74 2.20 - 13.35
As at March 31, 2020 - - 0.28 13.83 1.28 2.37 2.23 - 19.99
Amount receivable on account of any management contracts
As at March 31, 2021 - - 0.02 0.16 - 4.98 - - 5.16
As at March 31, 2020 - - 0.06 0.18 - 0.09 - - 0.33
Footnotes:
The figures in light print are for previous year.
1. For Investment in related parties as at March 31, 2021 refer Note 9 (a) and (b).
2. The above figures do not include provision for Compensated absences and contribution to gratuity fund, as separate figures are not
available for the Managing Director and Whole-time Director.
3. Disclosures that related party transactions were made on terms equivalent to those that prevail in arm’s length transactions are made
only if such terms can be substantiated.

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