Good Health Can’t Wait.
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<strong>Good</strong> <strong>Health</strong> <strong>Can’t</strong> <strong>Wait</strong>.<br />
Dr. Reddy’s Laboratories Limited<br />
NOTES TO FINANCIAL STATEMENTS<br />
(All amounts in Indian Rupees millions, except share data and where otherwise stated)<br />
2.27: RELATED PARTY DISCLOSURES (CONTINUED)<br />
d. Particulars of related party transactions<br />
The following is a summary of significant related party transactions:<br />
PARTICULARS<br />
FOR THE YEAR ENDED<br />
31 MARCH 2015<br />
FOR THE YEAR ENDED<br />
31 MARCH 2014<br />
i. Revenues from: <br />
Subsidiaries including step down subsidiaries: <br />
Dr.Reddy’s Laboratories Inc. 38,439 37,695<br />
OOO Dr.Reddy’s Laboratories Limited 10,135 12,062<br />
Dr.Reddy’s Laboratories SA 4,883 5,289<br />
Others 8,812 6,365<br />
Total 62,269 61,411<br />
Other related parties: <br />
Ecologic Chemicals Limited - 49<br />
Total - 49<br />
<br />
<br />
ii. Sale of assets to Ecologic Chemicals Limited - 14<br />
<br />
iii. Interest income from subsidiaries including step down subsidiaries: <br />
Industrias Quimicas Falcon de Mexico S.A. de C.V. 187 74<br />
DRL Impex Limited 35 43<br />
Dr. Reddy’s Laboratories (Australia) Pty. Limited - 15<br />
Total 222 132<br />
<br />
iv. Service income from subsidiaries including step down subsidiaries: <br />
Dr.Reddy’s Laboratories Inc. 56 21<br />
Dr.Reddy’s Laboratories SA 8 6<br />
Chirotech Technology Limited 1 14<br />
Aurigene Discovery Technologies Limited - 1<br />
Dr. Reddy’s Laboratories (EU) Limited 9 -<br />
Total 74 42<br />
<br />
v. Licence fees from subsidiaries including step down subsidiaries: <br />
betapharm Arzneimittel GmbH 64 785<br />
Dr.Reddy’s Laboratories SA - 313<br />
Dr.Reddy’s Laboratories Inc. 39 38<br />
Total 103 1,136<br />
vi. Commission on guarantee from subsidiaries including step down subsidiaries: <br />
Dr.Reddy’s Laboratories SA 132 145<br />
betapharm Arzneimittel GmbH - 11<br />
Lacock Holdings Limited - 20<br />
Total 132 176<br />
<br />
vii. Rent from Aurigene Discovery Technologies Limited 14 14<br />
<br />
viii. Dividend income from Aurigene Discovery Technologies Limited 79 12<br />
ix.<br />
Reimbursement of operating and other expenses by subsidiaries and step down<br />
subsidiaries:<br />
<br />
<br />
Aurigene Discovery Technologies Limited 35 40<br />
Dr.Reddy’s Laboratories SA - 2<br />
Others 2 50<br />
Total 37 92<br />
142