MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

291 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY AND SUSTAINABILITY 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 / Post- Employment benefit plans 11. Guarantees Given.................................. 2023 361.01 — — — — — — 2022 523.75 — 42.25 — — — — 12. Other Transactions: Other Income........................................... 2023 169.62 2.99 11.91 — 0.50 — — 2022 110.92 15.73 17.29 — * — — Other Expenses...................................... 2023 235.76 94.78 5.04 — 0.21 — 321.28 2022 154.37 0.51 2.59 — 0.20 — 237.02 Reimbursements received from parties........................................................... 2023 121.69 38.22 22.83 — 0.02 — 42.41 2022 93.67 9.29 15.70 — 0.02 — 40.53 Reimbursements made to parties........................................................... 2023 46.79 0.68 6.01 — — — — 2022 37.62 0.97 2.27 — — — — 13. Outstandings: Trade and Other Payable................ 2023 1,095.29 414.36 1.75 * 0.03 — — 2022 637.11 415.29 3.17 3.18 0.05 — — Trade and Other Receivable........... 2023 1,716.62 7.68 100.09 — 0.16 — 42.41 2022 900.48 8.22 28.03 — 0.01 — 21.45 Loans/Inter Corporate Deposits outstanding............................................... 2023 1,622.07 — 725.00 0.38 — — 6.00 2022 2,088.03 — 18.94 0.96 — — 11.00 14. Guarantees given.................................. 2023 143.67 553.66 — — — — — 2022 325.19 521.98 42.25 — — — — * 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. Transactions with related parties are at arm’s length. # In addition, Mr. Anand G. Mahindra is entitled to the Benefits under the Special Post Retirement Benefit Scheme 39. Related Party Disclosures: (contd.) (c) The related party transactions are as under: (contd.)