Scheduleforming part of the Balance Sheet - Domain-b
Scheduleforming part of the Balance Sheet - Domain-b
Scheduleforming part of the Balance Sheet - Domain-b
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Annual Report 2007-2008<br />
Notes on Consolidated <strong>Balance</strong> <strong>Sheet</strong> and Pr<strong>of</strong>it and Loss Account (Contd.)<br />
14. Provision for Loyalty Programmes :<br />
Particulars 31st March, 2008 31st March, 2007<br />
Rs. crores Rs. crores<br />
Opening <strong>Balance</strong> 8.82 6.81<br />
Less : Redemption during <strong>the</strong> year 0.77 2.40<br />
8.05 4.41<br />
Add : Provision for <strong>the</strong> year 2.91 4.41<br />
Closing <strong>Balance</strong> 10.96 8.82<br />
15. Related Party Disclosures :<br />
a) Associates<br />
The names <strong>of</strong> all <strong>the</strong> associates are given in Note no. 1 (b) (iii) on Page 131<br />
b) Investing Parties<br />
Singapore Airport Terminal Services Ltd. (SATS)<br />
Malaysian Airline Systems<br />
Tourism Resorts Kerala Ltd.<br />
Cigen Corporaton<br />
The Conservation Corporation <strong>of</strong> South Africa Ltd.<br />
c) Key Management Personnel.<br />
Key managerial personnel comprise <strong>the</strong> whole-time directors <strong>of</strong> <strong>the</strong> Company, who have <strong>the</strong> authority and<br />
responsibility for planning, directing and controlling <strong>the</strong> activities <strong>of</strong> <strong>the</strong> Company.<br />
Following are <strong>the</strong> Key Management Personnel : a) Mr. Raymond N. Bickson<br />
b) Mr. Anil P. Goel<br />
c) Mr. Abhijit Mukerji<br />
d) The details <strong>of</strong> transactions with related <strong>part</strong>ies (Associates and investing <strong>part</strong>ies) are as follows :<br />
Particulars Associates Joint Ventures Total<br />
CY PY CY PY CY PY<br />
Interest paid/provided 1.75 2.46 - - 1.75 2.46<br />
Interest received/accrued 1.40 0.33 0.66 0.75 2.06 1.08<br />
Dividends received 8.90 10.39 11.17 4.07 20.07 14.46<br />
Operating/Licence fees paid - - 0.74 - 0.74 -<br />
Operating fees received 49.96 53.59 21.31 20.79 71.27 74.38<br />
Purchase <strong>of</strong> goods and services 40.67 17.68 3.30 0.09 43.97 17.77<br />
Sale <strong>of</strong> goods and services 7.94 3.49 5.81 0.71 13.75 4.20<br />
Due from / (to) (7.46) 2.35 0.97 (0.95) (6.49) 1.40<br />
Sundry Debtors 8.31 - 11.27 - 19.58 22.07<br />
Purchase <strong>of</strong> shares - - 5.03 2.00 5.03 2.00<br />
Security Deposits - - 1.50 7.45 1.5 7.45<br />
Deposits (28.00) - 26.64 20.83 (1.36) 20.83<br />
143
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