Amal Ltd 2011-12

45 b) Transaction during the year with related parties: ( ` in ‘000) Sr. No. Nature of Transaction Atul Ltd. Atul Europe Ltd. Ameer Trading Corporation Ltd. Total (A) Secured Loans Balance as at April 1, 2011 112,889 - - 112,889 (212,889) - - (212,889) Taken during the period - - - - - - - - Repaid during the period - - - - (100,000) - - (100,000) Balance as at March 31, 2012 112,889 - - 112,889 (112,889) - - (112,889) (B) Unsecured Loans Balance as at April 1, 2011 53,958 - - 53,958 (26,635) - - (26,635) Taken during the period - - - - (27,323) - - (27,323) Repaid during the period - - - - - - - - Balance as at March 31, 2012 53,958 - - 53,958 (53,958) - - (53,958) (C) Other Long-term Liabilities Advance towards Share Capital Balance as at March 31, 2012 - - 24,000 24,000 - - (24,000) (24,000) (D) Sundry Debtors Balance as at March 31, 2012 235 - - 235 (1,202) - - (1,202) (E) Advance from Customers Balance as at March 31, 2012 35,222 - - 35,222 (1,166) - - (1,166) (F) Sundry Creditors Balance as at March 31, 2012 14,732 - 298 15,030 (11,627) (130) (298) (12,055) (G) Income Sales 88,379 - - 88,379 (69,937) - - (69,937) Service Charges 418 - - 418 - - - - (H) Expenditure Purchase of Fixed assets 2,683 - - 2,683 (38,322) - - (38,322) Purchase of Materials 399 - - 399 - - - - Reimbursement of Expenses - - 4 4 - - - - (I) Redeemable Preference Shares 100,000 - - 100,000 (100,000) - - (100,000) Note: Figures in bracket indicate previous year figures. Notes to financial statements for the year ended March 31, 2012