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Annual Report 2006-2007 - Gammon India

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GAMMON INDIA LIMITED<br />

(C) Disclosure of Material Transactions with Related Parties:<br />

Disclosure in respect of transactions, which are more than 10% of the total transactions of the same type with related parties during<br />

the year –<br />

Transactions 1 st Apr. 06 To<br />

31 st Mar. 07<br />

(12 Months)<br />

74<br />

(Rs. in Crores)<br />

1 st Jan. 05 To<br />

31 st Mar. 06<br />

(15 Months)<br />

Turnover – Construction & Other Contractual Revenue<br />

Mumbai Nasik Expressway Ltd. 130.98 –<br />

<strong>Gammon</strong> OSE – 46.66<br />

<strong>Gammon</strong> Srinivas – 47.33<br />

OSE <strong>Gammon</strong> – 48.68<br />

<strong>Gammon</strong> Infrastructure Projects Ltd.<br />

Subcontracting expenditure<br />

25.00 –<br />

Freyssinet Prestressed Concrete Co. Ltd. 49.25 61.45<br />

<strong>Gammon</strong> Infrastructure Projects Ltd.<br />

Purchase of Goods<br />

14.64 13.50<br />

Freyssinet Prestressed Concrete Co. Ltd.<br />

Sale of Goods<br />

1.38 0.45<br />

Freyssinet Prestressed Concrete Co. Ltd.<br />

Purchase of Fixed assets including Capital Advance<br />

8.15 5.80<br />

Freyssinet Prestressed Concrete Co. Ltd.<br />

Purchase of Investments/Advances towards Equity<br />

– 0.19<br />

FIN EST SPA 19.08 –<br />

<strong>Gammon</strong> Realty Ltd. 15.05 –<br />

<strong>Gammon</strong> Infrastructure Projects Ltd.<br />

Sale of Investment/advance consideration of Sale of Investment<br />

– 6.60<br />

Freyssinet Prestressed Concrete Co. Ltd. 5.16 –<br />

<strong>Gammon</strong> Infrastructure Projects Ltd.<br />

Rendering of Services<br />

– 50.38<br />

Cochin Bridge Infrastructure Company Ltd. 0.13 –<br />

Associated Transrail Structures Ltd. 0.80 –<br />

Dakar Project 0.19 –<br />

Andhra Expressway Ltd. – 8.18<br />

Rajahmundry Expressway Ltd. – 8.64<br />

Vizag Seaport Pvt. Ltd.<br />

Receiving of Services<br />

– 3.18<br />

Rajahmundry Expressway Ltd. 0.22 –<br />

<strong>Gammon</strong> Information Technologies Ltd. 0.26 0.51<br />

<strong>Gammon</strong> Infrastructure Projects Ltd. – 0.66<br />

Gilcon Project Services Ltd.<br />

Hire charges Received<br />

0.39 0.37<br />

Freyssinet Prestressed Concrete Co. Ltd.<br />

Hire charges Paid<br />

– 0.10<br />

Freyssinet Prestressed Concrete Co. Ltd.<br />

Finance provided (incl. Loans and equity contribution in cash or in kind)<br />

– 0.10<br />

<strong>Gammon</strong> & Billimoria Ltd. 19.02 –<br />

<strong>Gammon</strong> Realty Ltd. 41.00 –<br />

<strong>Gammon</strong> AL Matar 62.24 –<br />

Andhra Expressway Ltd. – 95.03<br />

<strong>Gammon</strong> Infrastructure Projects Ltd. – 104.39<br />

Rajahmundry Expressway Ltd. – 94.90

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