Page 337 - Tata_Chemicals_yearly-reports-2021-22

01 INTEGRATED 73 STATUTORY 178 FINANCIAL
STATEMENTS
REPORTS
REPORT
Consolidated

(b) Transactions with Related parties (as defined under Ind AS 24) during the year ended March 31, 2022 and
balances outstanding as at March 31, 2022
` in crore
Subsidiaries and Joint
Joint Ventures of
Tata Chemicals Limited Promoter ventures of Tata Sons Other
Particulars Private Limited Related KMP Total
Indo Maroc Tata Tata Sons Tata
Other
Phosphore The Block Salt Industries Private Consultancy Entities parties
Company Ltd.
S. A. Ltd. Limited Services Ltd.
Transactions with related parties
- - - - - - - - -
Investments
- - - - - 39.60 - - 39.60
Purchase of goods - - - - - 0.95 - - 0.95
(includes stock in transit) - net - - - - - 47.64 - - 47.64
- 2.26 0.22 - - - - - 2.48
Sales
- 7.54 - - - - - - 7.54
Other Services - expenses - - 0.47 22.11 20.07 6.39 * - 49.04
(net of reimbursements) - - 4.70 18.89 14.25 6.06 - - 43.90
- - - 0.11 - 2.10 - - 2.21
Other Services - Income
- - - - - 11.34 - - 11.34
27.87 - - 10.24 - 1.96 - - 40.07
Dividend received
26.49 - - 10.24 - 0.81 - - 37.54
- - - - - 6.18 - - 6.18
Miscellaneous purchases
- - - - - 7.96 - - 7.96
- - 0.08 81.26 - 15.22 - - 96.56
Dividend paid
- - 0.09 79.89 - 16.72 - - 96.70
- - - - - 14.78 - - 14.78
Interest received
- - - - - 13.13 - - 13.13
- - - - - - - - -
Deposit received
- - - - - 0.83 - - 0.83
Contributions to employee - - - - - - 47.20 - 47.20
benefit trusts / Other - - 0.03 - - - 40.04 - 40.07
Employees' Related Expenses
Compensation to KMPs
- - - - - - - 10.54 10.54
Short-term employee benefits
- - - - - - - 9.59 9.59
- - - - - - - (0.51) (0.51)
Post-employment benefits
- - - - - - - (1.31) (1.31)
Balances due from /to related parties
Amount receivables / advances /balances
As at March 31, 2022 - 4.07 - - - 0.66 2.86 - 7.59
As at March 31, 2021 - 1.58 - - - 0.84 0.42 - 2.84
Deposit - Receivable/(payable)
As at March 31, 2022 - - - - - (0.82) - - (0.82)
As at March 31, 2021 - - - - - (0.83) - - (0.83)
Amount payables (in respect of goods purchased and other services)
As at March 31, 2022 - - 0.12 7.93 2.27 1.49 2.24 * 14.05
As at March 31, 2021 - - 0.77 6.08 2.56 1.74 2.20 - 13.35
Amount receivable on account of any management contracts
As at March 31, 2022 - - * 0.01 - 0.06 - - 0.07
As at March 31, 2021 - - 0.02 0.16 - 4.98 - - 5.16
* value below ` 50,000/-
The figures in light print are for previous year.
Footnotes:
1. For Investment in related parties as at March 31, 2022 refer Note 9(a), 9(b) and 9(c).
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. The sales to and purchases from related parties including other transactions with them are made in the normal course of business and on terms equivalent to those that
prevail in arm’s length transactions.

335