Shivani
2 0 0 1 - 2 0 0 2
F I F T Y
S E V E N T H
A N N U A L
R E P O R T
Disclosure of Transactions with Related Parties as required by the Accounting Standard - 18 :
Name of related party and Nature of relationship Nature of transaction Transaction Value (Rs.) Outstanding amounts carried in the Balance Sheet (Rs.)
a) Subsidiaries Bajaj Auto Holding Ltd. (Fully owned subsidiary) Contribution to Equity Loan given, net Loan taken Interest received Interest paid Other credits 131,000,000 200,000,000 9,528,082 8,305,479 6,000 814,000,000 4,126,450 5,199,905 11,345,902 3,443,371 1,110,000,000 5,593,400 7,309,715 39,385 14,137,900 649,195 2,450,000 184,000,000 814,000,000 5,199,905 15,981 1,110,000,000 7,309,715 5,000
Bajaj Allianz General Insurance Co. Ltd. Contribution to Equity (81,400,000 (74 % shares held by Bajaj Auto Ltd.) shares of Rs. 10 each) Rent received Deposit received Insurance premia paid Other credits Allianz Bajaj Life Insurance Co. Ltd. (74 % shares held by Bajaj Auto Ltd.) Contribution to Equity (111,000,000 shares of Rs. 10 each) Rent received Deposit received Sale of scooter Reimbursement of stamp duty and filing fees for pre-incorporation expenses Other credits
b) Associates and Joint Ventures Maharashtra Scooters Ltd. (24 % shares held by Bajaj Auto Ltd.) Contribution to Equity Sale of CKD Technical knowhow fees received Purchase of dies Services received Services rendered Warranty paid Other debits 465,998,747 19,736,988 21,631,570 60,832 2,675,932 11,181,912 1,190,147 646,500,000 187,175,672 65,503,686 5,510,862 1,170,000,000 3,365,411 2,400,000 120,000 2,336,357 1,200,000 116,160 2,208,308 130,645 120,000 2,400,000 11,469,046 180,786,257 1,743,500,000 1,367,020 3,250,000 3,000,000 3,250,000
Bajaj Auto Finance Ltd. (28.5% shares held by Bajaj Auto Ltd.) Contribution to Equity Loan refunded, net Interest received Subvention charges paid for finance scheme
F I F T Y
S E V E N T H
A N N U A L
R E P O R T
Disclosure of Transactions with Related Parties as required by the Accounting Standard - 18 :
Name of related party and Nature of relationship Nature of transaction Transaction Value (Rs.) Outstanding amounts carried in the Balance Sheet (Rs.)
a) Subsidiaries Bajaj Auto Holding Ltd. (Fully owned subsidiary) Contribution to Equity Loan given, net Loan taken Interest received Interest paid Other credits 131,000,000 200,000,000 9,528,082 8,305,479 6,000 814,000,000 4,126,450 5,199,905 11,345,902 3,443,371 1,110,000,000 5,593,400 7,309,715 39,385 14,137,900 649,195 2,450,000 184,000,000 814,000,000 5,199,905 15,981 1,110,000,000 7,309,715 5,000
Bajaj Allianz General Insurance Co. Ltd. Contribution to Equity (81,400,000 (74 % shares held by Bajaj Auto Ltd.) shares of Rs. 10 each) Rent received Deposit received Insurance premia paid Other credits Allianz Bajaj Life Insurance Co. Ltd. (74 % shares held by Bajaj Auto Ltd.) Contribution to Equity (111,000,000 shares of Rs. 10 each) Rent received Deposit received Sale of scooter Reimbursement of stamp duty and filing fees for pre-incorporation expenses Other credits
b) Associates and Joint Ventures Maharashtra Scooters Ltd. (24 % shares held by Bajaj Auto Ltd.) Contribution to Equity Sale of CKD Technical knowhow fees received Purchase of dies Services received Services rendered Warranty paid Other debits 465,998,747 19,736,988 21,631,570 60,832 2,675,932 11,181,912 1,190,147 646,500,000 187,175,672 65,503,686 5,510,862 1,170,000,000 3,365,411 2,400,000 120,000 2,336,357 1,200,000 116,160 2,208,308 130,645 120,000 2,400,000 11,469,046 180,786,257 1,743,500,000 1,367,020 3,250,000 3,000,000 3,250,000
Bajaj Auto Finance Ltd. (28.5% shares held by Bajaj Auto Ltd.) Contribution to Equity Loan refunded, net Interest received Subvention charges paid for finance scheme