Airtel 2013 Annual Report Download - page 139

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Standalone Financial Statements 137137
Related Party Transaction for 2012-13
(` Millions)
Nature of transaction
Entities where key management personnel and its relatives exercise significant influence
Bharti
AXA Life
Insurance
Company
Limited
Bharti
Foundation
Bharti Airtel
Employees
Welfare Trust
Jersey
Airtel
Limited
Bharti
Enterprises
Limited
Centum
Learning
Limited
Bharti
Retail
Limited
Bharti AXA
General
Insurance
Company
Limited
Mehrauli
Realty and
Consultants
Limited
Nile
Tech Limited
Purchase of fixed assets/bandwidth - - - - - - - - - -
Sale of fixed assets/retirement of bandwidth - - - 0 - - - - - -
Purchase of Investments - - - - - - - - - -
Sale of Investments - - - - - - - - - -
Rendering of services 12 - - 21 - - 44 - - -
Receiving of services - - - (1) - (423) (23) (9) - (590)
Reimbursement of energy expenses - - - - - - - - - -
Common cost allocation charged by the Company - - - - - - - - - -
Fund transferred/Expenses incurred on behalf of others - - - - - - 14 - - -
Fund received/Expenses incurred on behalf of the Company - - - - (669) - - - - -
Employee related expenses incurred on behalf of others - - - - - - - - - -
Employee related expenses incurred on behalf of the
Company
- - - - (83) - - - - -
Remuneration - - - - - - - - - -
Donation - 106 - - - - - - - -
Amount received on exercise of ESOP options - - (369) - - - - - - -
Security deposit/Advances paid - - 762 - - - - - - 52
Security deposit/Advances received - - - - - - - - - -
Loan received - - - - - - - - - -
Loan given - - - - - - - - - -
Subscription to share capital (refer note 36) - - - - - - - - - -
Interest charged by others - - - - - - - - - -
Interest charged by the Company - - - - - - - - - -
Dividend Paid/(Received) - - - - - - - - - -
Outstanding balances at year end
Borrowings - - - - - - - - - -
Trade Payables - - - - (56) (72) - - (2) -
Loans and Advances (including security deposits)
(refer note 41)
- - 662 - - 60 - - - 395
Trade Receivables 3 - - 1 - - 31 18 - -
Total Balance 3 - 662 1 (56) (12) 31 18 (2) 395
Maximum Loans and Advance
Outstanding during the year
Guarantees and Collaterals (refer note 26(i))