100th Annual Report 2006-2007 - Tata Steel

SCHEDULE N : NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY AND ITS SUBSIDIARIES
FOR THE FINANCIAL YEAR 2006-07 :– continued
21. (b) Related Party Transactions
Rs. crores
Transactions Associates Key Relatives of Key Promoter Total
& JVs Management Management
# Personnel Personnel
Purchase of Goods
Jamshedpur Injection Powder Ltd. 43.65 — — — 43.65
37.92 — — — 37.92
Tayo Rolls Ltd. 38.47 — — — 38.47
22.36 — — — 22.36
TRF Ltd. 12.71 — — — 12.71
42.96 — — — 42.96
Others 0.69 — — — 0.69
86.84 — — — 86.84
95.52 — — — 95.52
190.08 — — — 190.08
Sale of Goods
Southern Steel, Berhard 962.29 — — — 962.29
584.64 — — — 584.64
Tata Ryerson Ltd. 655.35 — — — 655.35
475.38 — — — 475.38
Others 235.31 — — — 235.31
274.80 — — — 274.80
1,852.95 — — — 1,852.95
1,334.82 — — — 1,334.82
Receiving of Services
Tata Ryerson Ltd. 83.72 — — — 83.72
75.95 — — — 75.95
The Tinplate Company of India Ltd. 222.72 — — — 222.72
166.15 — — — 166.15
Others 17.02 0.02 0.02 1.00 18.06
9.60 0.02 0.02 0.28 9.92
323.46 0.02 0.02 1.00 324.50
251.70 0.02 0.02 0.28 252.02
Rendering of Services
The Tinplate Company of India Ltd. 34.24 — — — 34.24
34.58 — — — 34.58
Others 15.55 — — 0.14 15.69
13.00 — — 0.06 13.06
49.79 — — 0.14 49.93
47.58 — — 0.06 47.64
Purchase of Fixed Assets
TRF Ltd. 27.61 — — — 27.61
2.33 — — — 2.33
27.61 — — — 27.61
2.33 — — — 2.33
Leasing or Hire Purchase Agreements
Tata Ryerson Ltd. — — — — —
0.08 — — — 0.08
— — — — —
0.08 — — — 0.08
Dividend and Fraction Bonus amount
paid to Shareholders
Tata Sons Ltd. — — — 144.64 144.64
— — — 142.44 142.44
Others — * ** — —
1.52 *** **** — 1.52
— * ** 144.64 144.64
1.52 *** **** 142.44 143.96
Dividend Income
mjunction Services Ltd. 4.00 — — — 4.00
2.20 — — — 2.20
Tata Metaliks Ltd. 7.08 — — — 7.08
7.08 — — — 7.08
The Tinplate Company of India Ltd. 13.01 — — — 13.01
— — — — —
Others 6.43 — — — 6.43
8.90 — — — 8.90
30.52 — — — 30.52
18.18 — — — 18.18
Interest Expense
Southern Steel, Berhard 0.04 — — — 0.04
— — — — —
0.04 — — — 0.04
— — — — —
213