Annual Report 2010-11

Annual Report 2010-11
15. RELATED PARTY DISCLOSURES
List of related parties:
(A) Key Management Personnel:
(B)
(C)
(D)
(E)
I) Mr. B.D. Sinha - Managing Director
ii) Mr. R. Kamra - Finance Director
iii) Mr. N.S. Rao - Marketing Director
iv) Mr. S. Jaggia - Operations Director (w.e.f. 11.05.2010)
Subsidiary Companies:
i) KRIBHCO Shyam Fertilisers Limited (KSFL)
ii) KRIBHCO Infrastructure Limited (KRIL)
Joint Ventures:
i) Oman India Fertiliser Co.SAOC (OMIFCO)
ii) Urvarak Videsh Limited (UVL)
iii) Gujarat State Energy Generation Limited (GSEG)
Associates:
i) Gramin Vikas Trust (GVT)
Transactions with Related Parties:
( ` inlakh)
Nature of Transaction
Related Party
Period ended
31.03.2011 31.03.2010
Investment during the year KSFL - 8,500.43
KRIL 1,500.00 10,500.00
UVL 3.00 10.00
GSEG 1,236.00 793.00
Total 2,739.00 19,803.43
Dividend Received OMIFCO 14,480.06 14,384.00
GSEG 225.39 164.90
Total 14,705.45 14,548.90
Receipts for Fee/ Services KRIL 110.30 5.00
KSFL 311.73 254.97
OMIFCO 1803.06 1,778.95
Total 2,225.09 2,038.92
Payment of Fee for Management & KRIL 94.64 -
Erection Services for Railway Siding
Total 94.64 -
Rental Income KSFL 11.20 11.06
KRIL 0.70 -
GVT 3.43 8.05
Total 15.33 19.11
Purchases of Finished Goods KSFL 2,165.59 1,280.92
GVT 10.60 -
Total 2,176.19 1,280.92
60
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