Annual Report 2004 - Gammon India

GAMMON INDIA LIMITED
(b) Related Party Transactions :
Transactions Subsidiaries Associates Key Entities Joint Total
Management Where Ventures
Personnel Control
Exists
Rendering of Services 188.48 277.97 — — — 466.45
(167.49) (7.47) (—) (—) (—) (174.96)
Receiving of Services 23.76 117.33 — — — 141.09
(60.99) (76.74) (—) (—) (—) (137.73)
Hire Charges Received — — — — — —
(—) (—) (—) (—) (—) (—)
Hire Charges Paid — 7.16 — — — 7.16
(—) (15.94) (—) (—) (—) (15.94)
Finance provided 8,524.61 3,204.00 — — 1,336.09 13,064.70
(including Loans and
equity contributions in
cash or in kind
(5,489.02) (3,973.47) (—) (—) (706.86) (10,169.35)
Finance provided for 8.40 17.52 — — 50.14 76.06
expenses & on a/c
payments
(126.56) (81.08) (—) (—) (44.72) (252.36)
Amounts Liquidated 4,258.53 3,043.44 — — 642.71 7,944.68
towards the above
finance
(4,575.81) (4,007.67) (—) (—) (15.65) (8,599.13)
Interest Income during 101.87 108.75 — — 20.74 231.36
the year (94.69) (143.14) (—) (—) (2.14) (239.97)
Finance received 1,044.33 — — — — 1,044.33
(including Loans and
equity contributions in
cash or in kind
(150.00) (199.37) (—) (—) (—) (349.37)
Amounts Liquidated 1,044.33 — — — — 1,044.33
towards the above
finance
(150.00) (199.37) (—) (—) (—) (349.37)
Interest paid during 5.90 — — — 183.49 189.39
the year (—) (—) (—) (—) (176.98) (176.98)
Write Offs of Balances — — — — — —
(—) (1.28) (—) (—) (—) (1.28)
Contract Advances — 17.70 — — 73.77 91.47
Received (577.17) (—) (—) (—) (6,326.18) (6,903.35)
Contract Advances — 300.00 — — 1,085.26 1,385.26
Given/Refund of
Advance
(1,087.17) (391.35) (—) (—) (7,998.95) (9,477.47)
Refund received against — 411.64 — — — 411.64
Contract Advance (—) (103.50) (—) (—) (—) (103.50)
Deposits — 522.00 — — — 522.00
(—) (405.00) (—) (—) (—) (405.00)
Dividend Paid to — — 0.28 148.21 — 148.49
Shareholders (—) (—) (0.28) (147.91) (—) (148.19)
Dividend Income — 4.45 — — — 4.45
(—) (—) (—) (—) (—) (—)
Remuneration paid — — 51.63 — — 51.63
(—) (—) (105.18) (—) (—) (105.18)
Margin Money 223.54 — — — — 223.54
(—) (—) (—) (—) (—) (— )
Guarantees and 19,856.32 22,021.57 — — 51,142.44 93,020.33
Collaterals Outstanding (15,002.87) (14,240.08) (—) (—) (23,218.80) (52,461.75)
Outstanding Balances 4,429.64 1,948.34 — — 5,562.41 11,940.39
Receivable (860.46) (1404.79) (—) (—) (3,666.41) (5,931.67)
Outstanding Balances 913.77 388.38 14.73 — 4,622.89 5,939.77
Payable (901.52) (0.01) (22.65) (—) (7,948.75) (8,872.93)
Note : Figures in brackets are of previous year.
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