Airtel 2011 Annual Report Download - page 98

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96
Bharti Airtel Annual Report 2010-11
Related Party Transaction for 2009-10
(` Millions)
Entities where key management
personnel and its relatives exercise
significant influence/Group
Companies
Entities having significant influence over the
Company
Key Management Personnel
Nature of transaction
Telecom
(Seychelles)
Limited
Bharti
Wal-Mart Private
Limited
Singapore Tele-
communications
Limited
Pastel Limited Bharti
Telecom
Limited
Sunil Bharti
Mittal
Manoj Kohli Sanjay
Kapoor
Purchase of fixed assets/bandwidth - - - - - - - -
Sale of fixed assets/retirement of bandwidth - - - - - - - -
Purchase of Investments - - - - - - - -
Sale of Investments - - - - - - - -
Rendering of services 41 1 1,354 - - - - -
Receiving of services (19) - (791) - - - - -
Reimbursement of energy expenses - - - - - - - -
Management fee - - - - - - - -
Fund transferred/Expenses incurred on
behalf of others
3 2 - - - - - -
Fund received/Expenses incurred on behalf
of the Company
- - - - (9) - - -
Employee related expenses incurred on
behalf of others
- - - - - - - -
Employee related expenses incurred on
behalf of the Company
- - - - - - - -
Remuneration - - - - - 235 45 3
Donation - - - - - - - -
Amount received on exercise of ESOP options - - - - - - - -
Security deposit/Advances paid - - - - - - - -
Security deposit/Advances received - - - - - - - -
Loan received - - - - - - - -
Loan given - - - - - - - -
Subscription to share capital - - - - - - - -
Interest paid - - - - - - - -
Interest received - - - - - - - -
Dividend paid - - - 591 1,720 - - -
Outstanding balances at year end
Unsecured Loan - - - - - - - -
Creditors - - - - - (119) (16) (1)
Loans and Advances - 2 - - - - - -
Debtors 4 1 443 - - - - -
Total Balance 4 3 443 - - (119) (16) (1)
Maximum Loans and Advance
Outstanding during the year
Guarantees and Collaterals - - - - - - - -
During the year, the Company has paid in addition of provision made last year ` 3 Mn to Akhil Gupta towards PLI for the year 2008-09