2011 Annual Report - Cargills (Ceylon)

54 Annual Report 2011Notes to the financial statements contd...19 (a) Loans and advances represents loans to employees Group Companyand the movement during the year is as follows :2011 2010 2011 2010Rs. ‘ 000 Rs. ‘ 000 Rs. ‘ 000 Rs. ‘ 000As at 1 April 7,513 6,007 7,389 5,839On acquisition of subsidiaries 10,656 - - -Loans granted 21,523 14,022 18,156 13,85239,692 20,029 25,545 19,691Repayments (19,085) (12,516) (18,726) (12,302)As at 31 March 20,607 7,513 6,819 7,38919 (b) Tax recoverableThis includes Economic Service Charges, VAT recoverable, WHT recoverable and Income tax overpayments.20 Amounts due from / due to related companies Group Company2011 2010 2011 2010Rs. ‘ 000 Rs. ‘ 000 Rs. ‘ 000 Rs. ‘ 000Amounts due from subsidiariesCargills Quality Foods Limited - - 1,112,836 -Millers Limited - - 21,302 17,421Millers Brewery Limited - - 1,221,688 -Dawson Office Complex (Private) Limited - - 249,599 -- - 2,605,425 17,421Amounts due from holding companyC T Holdings PLC 17,865 17,796 17,254 17,252Amounts due from other related companiesCeylon Hotels Corporation PLC 404 23 - 23Ceylon Printers PLC 8 23 - -C T Properties Limited 94,251 80,900 94,242 80,891Ceylon Theatres (Private) Limited 2,228 2,257 2,208 2,213C T Land Development PLC 77,002 150,875 77,002 150,937Dialog Telekom PLC 3,887 - 3,887 -Galle Face Hotel Co. Limited 435 886 6 20Kalamazoo Systems PLC - 36 - -Kandy Hotels Co.(1938) PLC 325 145 - -Lanka Tiles PLC 674 - 674 -179,214 235,145 178,019 234,084Total amounts due from related companies 197,079 252,941 2,800,698 268,757Amounts due to subsidiariesCargills Retail (Private) Limited - - 857,245 103,149Cargills Quality Foods Limited - - - 134,327Cargills Distributors (Private) Limited - - 18,604 13,972Cargills Quality Dairies (Private) Limited - - 59,961 40,843Cargills Agrifoods Limited - - 34,037 47,007C P C (Lanka) Limited - - 17,329 6,759Diana Biscuits Manufactures (Private) Limited - - 2,998 -Kotmale Dairy Products Limited - - 45,378 -- - 1,035,552 346,057Amounts due to other related companiesDialog Telekom PLC - 3,247 - 3,247Lanka Ceramics PLC 251 400 251 400Paragon Ceylon PLC - 1 - -Unidil Packaging (Private) Limited 1,385 518 - -1,636 4,166 251 3,647Total amount due to related companies 1,636 4,166 1,035,803 349,704