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Annual Report cb smile - Jet Airways

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Significant Accounting Policies and Notes to Accounts (contd.)<br />

b) Transactions during the year ended 31st March, 2010 and balances with related parties :<br />

Amount (Rs. in lakhs)<br />

Sr. Nature of Holding Subsidiary Controlling Relative of Key Enterprises Total<br />

No. Transactions Company Company Shareholder controlling Managerial over which<br />

of Holding shareholder Personnel controlling<br />

Company of Holding shareholder<br />

Company is able to<br />

exercise<br />

significant<br />

influence<br />

Transactions During the Year :<br />

(A) Remuneration 128 127 255<br />

(156) (94) (250)<br />

(B) Sitting Fees 1 1<br />

(1) (1)<br />

(C) Agency Commission 13,329 13,329<br />

(15,424) (15,424)<br />

(D) Rent paid 202 202<br />

(218) (218)<br />

(E) Expenses Reimbursed 4,037 4,037<br />

(Staff Costs,<br />

Communication<br />

Costs, Rent)<br />

(8,340) (8,340)<br />

(F) Other Selling & 2,319 2,319<br />

Distribution Cost (628) (628)<br />

(G) Service Charges 75 75<br />

(88) (88)<br />

(H) Other Hire Charges (-) 429 (-) 429<br />

((-)363) ( (-)363)<br />

(I) Rent received (-)35 (-) 35<br />

((-)68) ((-)68)<br />

(J) Reimbursements - - -<br />

(Received) ((-)92) ((-)11) ((-)103)<br />

(K) Corporate Guarantee 4,194 4,194<br />

given by Company<br />

on behalf of<br />

Subsidiary<br />

(16,067) (16,067)<br />

(L) Investments in Equity - -<br />

(18,000) (18,000)<br />

(M) Interline Billing (-)24,116 (-)24,116<br />

((-)7,330) ((-)7,330)<br />

(N) Assignment of Fixed (-)4,015 (-)4,015<br />

Assets Right (-) (-)<br />

69

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