MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2021-22

270 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS Rupees crores Sr. No. Nature of Transactions For the Year Ended 31 st March Subsidiaries Associates Joint Ventures 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 Other Expenses........................ 2022 154.37 0.51 2.59 — 0.20 — — 2021 132.85 0.90 0.79 — 0.23 — — Royalty Paid............................. 2022 — — — — — — — 2021 0.48 — — — — — — Reimbursements received from parties............................. 2022 102.83 9.29 15.70 — 0.02 — 40.53 2021 89.53 7.90 18.25 — 0.02 — 38.13 Reimbursements made to parties....................................... 2022 37.52 0.97 2.27 — — — — 2021 53.02 — 0.32 — — — — 12. Outstandings: Trade and Other Payable........ 2022 653.68 411.29 3.17 3.18 0.05 — — 2021 773.53 426.54 2.61 4.32 — — — Trade and Other Receivable.... 2022 921.02 8.22 28.03 — 0.01 — 21.45 2021 532.01 102.88 141.79 — 1.90 — 54.13 Loans/Inter Corporate Deposits outstanding.............. 2022 2,663.03 — 18.94 0.96 — — 11.00 2021 1,773.81 — 2.75 8.07 — — — 13. Guarantees given***. ............. 2022 325.19 521.98 42.25 — — — — 2021 233.96 529.68 42.88 — — — — * includes shares received of Mahindra Two Wheelers Limited in a share swap deal on merger of Mahindra Trucks and Buses Limited. ** includes sitting fees and commission paid/payable to Khaitan & Co., in which Mr. Haigreve Khaitan is a partner. *** SsangYong Motor Company was related party upto 28 th December, 2020, hence only transaction upto that period reported. Transactions with related parties are at arm’s length. 39. Related Party Disclosures: (contd.) (c) The related party transactions are as under: (contd.)