Financial Statements - Hemas Holdings, Ltd

Hemas Holdings PLC - Annual Report 2007 - 2008Notes to the Financial Statements30.2 Non Trade Dues to Related PartiesGroupCompany2008 2007 2008 2007Relationship Rs. Rs. Rs. Rs.Hemas Corporate Services (Private) Ltd. Subsidiary - - 22,138 -Peace Haven Resorts Ltd. Subsidiary - - 2,812,500 -Forbes Air Services (Private) Ltd. Subsidiary - - 23,487,359 -Hemas Marketing (Private) Ltd. Subsidiary - - 39,373 -ACX International (Private) Ltd. Subsidiary - - 22,437 -Hemas Manufacturing (Private) Ltd. Subsidiary - - 102,255 -Hemtours (Private) Ltd. Subsidiary - - 1,100,810 -Hemas International Freight (Private) Ltd Subsidiary - - 1,000 -- - 27,587,872 -31. AMOUNTS DUE TO RELATED PARTIESHemas Corporate Services (Private) Ltd. Subsidiary - - - 1,872,442Peace Haven Resorts Ltd. Subsidiary - - 1,702,082 -Hemas Power (Private) Ltd. Subsidiary - - 1,865,000 2,499,061Spectrum Marketing (Private) Ltd. Subsidiary - - 6,008 6,008Hemas Hospitals (Private) Ltd. Associate - - 793,557 -4,366,647 4,377,51132. CASH AND CASH EQUIVALENTSIN CASH FLOW STATEMENTGroupCompany2008 2007 2008 2007Rs. Rs. Rs. Rs.Components of Cash and Cash Equivalents32.1 Favourable Cash & Cash Equivalents BalancesCash & Bank Balances 567,512,348 459,764,484 16,446,618 75,726,517Fixed Deposits,Treasury Bills and Repo Investments 631,461,389 631,039,743 1,308,473 3,586,27232.2 Unfavourable Cash & Cash Equivalent Balances 1,198,973,737 1,090,804,227 17,755,091 79,312,789Bank Overdraft (Note: 26.1/26.2) (1,333,842,407) (993,141,652) (928,819) (3,579,566)Total Cash and Cash Equivalents for the Purpose ofCash Flow Statement (134,868,670) 97,662,575 16,826,272 75,733,22388