annual-report-FY2021

366 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS 37. Related Party Disclosures (contd.) (b) The related party transactions are as under: (contd.) Rupees crores Sl. No. Nature of Transactions For the Year Ended 31 st March Associates/ Associates of Subsidiaries/ Subsidiaries of Associate Joint Ventures/ Joint Ventures of Subsidiaries KMP/KMP Exercising Significant Influence/ close member of KMP Close members of KMP and Entities controlled/ jointly controlled by KMP Entity belonging to Promoter/ Promoter Group holding 10% or more in the company Welfare Funds Debenture/preference shares issued by parties...................... 2021 1.00 98.14 — — — — 2020 — 98.14 — — — — Debenture issued to parties... 2021 150.00 54.71 — — — — 2020 150.00 7.71 — — — — Inter corporate deposits given......................................... 2021 — 73.43 — — — — 2020 — 66.51 — — — — Inter corporate deposits taken. ....................................... 2021 510.90 17.55 — — — — 2020 21.00 17.55 — — — — 13. Security Deposit paid.............. 2021 0.02 0.89 — — — — 2020 0.02 1.07 — — — — 14. Advances given.......................... 2021 — — — — — — 2020 0.77 — — — — — 15. Guarantees given outstanding... 2021 529.68 42.88 — — — — 2020 511.54 41.41 — — — — * denotes amounts less than Rs.50,000. ** includes sitting fees and commission paid/payable to Khaitan & Co., in which Mr. Haigreve Khaitan is a partner. 38. Segment Information Operating Segments The reportable segments of the Group are Automotive, Farm Equipment, Financial Services, Real Estate, Hospitality and Others. The segments are largely organised and managed separately according to the organisation structure that is designed based on the nature of products and services and profile of customers. Operating segments are reported in a manner consistent with the internal reporting provided to the Chief Operating Decision Maker. Description of the each of the reportable segments is as under: Automotive: This segment comprises of sale of automobiles, spares, mobility solutions, construction equipments and related services. Farm Equipment: This segment comprises of sale of tractors, implements, spares and related services. Financial Services: This segment comprises of offering financial products ranging from retail and other loans, SME finance, housing finance, mutual funds and life and non-life insurance broking services. Real Estate: This segment comprises of projects, project management & development and operating of commercial complexes. Hospitality: This segment comprises of sale of timeshare and vacation ownership. Others: This segment mainly comprises of IT Services, after-market, defence, steel trading and processing, logistics, solar, powerol, agri business, two-wheelers, etc. The Chief Operating Decision Maker (“CODM”) evaluates the companies performance and allocates resources based on an analysis of various performance indicators by operating segments. The CODM reviews revenue and gross profit as the performance indicator for all of the operating segments.