Page 227 - Annual Report 2019-20

Notes forming part of the consolidated financial statements Notes forming part of the consolidated financial statements 225

( in crores) ( in crores)
46 Earnings per share (Eps) 47 (iv) Transactions with Related parties for the year ended 31 March 2020 are as follows:
st
The following reflects the Profit and Share data used in the Basic and Diluted EPS computations: nature of Transaction For the year ended 31 March 2020 For the year ended 31 March 2019 PIDILITE ANNUAL REPORT 2019-20
st
st
For the year For the year Associate KMp/ Total Associate KMP/ Total
ended ended and Joint significant and Joint Significant
31 March 31 March Venture Influence of Venture Influence of
st
st
2020 2019 KMp/Close KMP/Close
member of KMp member of KMP
Basic:
a. Sales and Related Income
Profit attributable to shareholders of the Company ( in crores) 1,116.42 924.91 Parekh Marketing Ltd - 73.97 73.97 - 98.70 98.70
Sub-Total (a) - 73.97 73.97 - 98.70 98.70
b. Dividend Received
Weighted average number of equity shares in calculating basic EPS 50,79,93,224 50,78,95,621
Vinyl Chemicals (India) Ltd 1.79 - 1.79 2.16 - 2.16
Par value per share ( ) 1.00 1.00
Sub-Total (b) 1.79 - 1.79 2.16 - 2.16
Earning per share (Basic) ( ) 21.98 18.21 c. Purchase of Goods
Vinyl Chemicals (India) Ltd 320.83 - 320.83 552.41 - 552.41
Sub-Total (c) 320.83 - 320.83 552.41 - 552.41
Diluted:
d. Sale of Fixed Asset
Profit attributable to shareholders of the Company ( in crores) 1,116.42 924.91 Parekh Marketing Ltd - 0.32 0.32 - - -
Sub-Total (d) - 0.32 0.32 - - -
e. Rent Paid/ (Received)
Weighted average number of equity shares in calculating basic EPS 50,79,93,224 50,78,95,621
Smt Mala Parekh - 0.71 0.71 - 0.78 0.78
Add: Effect of Employee Stock Option Scheme/Plan 1,70,850 3,18,250 Parekh Marketing Ltd - 0.08 0.08 - 0.07 0.07
Weighted average number of equity shares in calculating diluted EPS 50,81,64,074 50,82,13,871 Pargro Investment Pvt Ltd - (0.08) (0.08) - (0.06) (0.06)
Sub-Total (e) - 0.71 0.71 - 0.79 0.79
f. Reimbursement of expenses made
Par value per share ( ) 1.00 1.00
Parekh Marketing Ltd - 0.03 0.03 - - -
Earning per share (Diluted) ( ) 21.97 18.20 Sub-Total (f) - 0.03 0.03 - - -
g. Compensation of Key Management Personnel of the Company:
Remuneration/ Commission to Directors:
47 Related party Disclosures (Short Term Employee benefits)
Related Party Disclosures as required by Ind-AS 24, ‘Related Party Disclosures’ are given below: - Shri M B Parekh - 4.15 4.15 - 3.98 3.98
- Shri Bharat Puri - 13.96 13.96 - 15.42 15.42
(i) Relationships:
- Shri A B Parekh - 1.80 1.80 - 6.58 6.58
a. Vinyl Chemicals (India) Ltd Associate - Shri A n Parekh - 5.84 5.84 - 5.57 5.57
b. Plus Call Technical Services LLC Joint Venture - Shri Sabyasachi Patnaik - 2.01 2.01 2.45 2.45
- Shri Debabrata Gupta - 0.29 0.29 - - -
c. Parekh Marketing Ltd Significant Influence of KMP
Sub-Total (g) - 28.05 28.05 - 34.00 34.00
d. Pargro Investment Pvt Ltd Significant Influence of KMP
Share-based payments
e. Kalva Marketing and Services Ltd Significant Influence of KMP Shri Bharat Puri - 16.65 16.65 - 11.03 11.03
(ii) Key Management Personnel (KMP): Shri Sabyasachi Patnaik - 0.40 0.40 - 0.37 0.37
11.40
Sub-Total - 158.25 158.25 - 68.26 68.26
17.05
11.40
-
17.05
Executive Chairman
Shri M B Parekh
a.
PIDILITE ANNUAL REPORT 2019-20 c. Shri A B Parekh st st Whole Time Director - Sub-Total - 12.39 12.39 - 19.05 19.05
-
h. Dividend Paid
Shri Bharat Puri
b.
Managing Director
Outstanding Balances:
i.
Trade Receivables (net)
Parekh Marketing Ltd
19.05
19.05
12.39
d.
Shri A n Parekh
Whole Time Director
-
-
-
-
-
-
Pargro Investment Pvt Ltd
Shri Sabyasachi Patnaik (upto 31 March 2020)
Whole Time Director
e.
-
-
12.39
Trade Payables (net)
-
f.
Shri Debabrata Gupta (from 1 March 2020)
Whole Time Director
49.95
49.95
Vinyl Chemicals (India) Ltd
-
23.07
-
-
-
Parekh Marketing Ltd
0.01
-
a.
Smt Mala M Parekh
224 (iii) Close member of Key Management Personnel: Wife of Executive Chairman Sub-Total (i) 23.07 0.01 23.08 49.95 - 49.95
-
0.01
23.07