Amal Ltd 2014-15

Amal Ltd | Annual Report 2014-15 Notes to the Financial Statements (` 000) b) Transactions with related parties 2014-15 2013-14 Sales and income 1. Sale of goods (excluding taxes) Atul Ltd 1,53,253 1,10,311 2. Service charges Atul Ltd 950 1,130 Purchases and expenses 1. Purchase of raw material Atul Ltd 30 95 2. Business and auxiliary service charges Atul Ltd 1,200 1,200 3. Reimbursement of expenses Atul Finserv Ltd 25 13 Atul Ltd - 195 4. Lease rent Atul Ltd 8 8 5. Managing Directors' remuneration Atul Ltd 885 880 Outstanding balances as at year end 1. Loans payable Atul Ltd 1,66,847 1,66,847 2. Share application money pending allotment Atul Finserv Ltd 24,000 24,000 3. Preference shares Atul Ltd 1,00,000 1,00,000 4. Payables i) Advance from customers Atul Ltd 41,894 18,667 ii) Trade and other payables Atul Finserv Ltd 298 298 Atul Ltd 11,552 11,735