MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2023-24 250 8. N umber of days of accounts payables ((Accounts payable*365)/ Cost of goods/ services procured) in the following format: FY 2023-24 FY 2022-23 Number of days of accounts payable 90 95 9. O pen-ness of Business Details of concentration of purchases and sales with trading houses, dealers, and related parties along with loans and advances & investments, with related parties: Parameter Metrics FY 2023-24 FY 2022-23 Concentration of Purchases a. P urchases from trading houses as % of total purchases 0.08% 0.18% b. Number of trading houses where purchases are made from 11 4 c. P urchases from top 10 trading houses as % of total purchases from trading houses 99.82% 100.00% Concentration of Sales a. Sales to dealers/ distributors as a % of total sales 79.33% 73.11% b. Number of dealers/ distributors to whom sales are made 740 516 c. S ales to top 10 dealers/ distributors as a % of total sales to dealers/ distributors 12.96% 15.77% Share of RPTs in* a. Purchases (Purchases with related parties/ Total purchases) 15.05% 15.45% b. Sales (Sales with related parties/ Total Sales) 6.11% 5.73% c. L oans & Advances (Loans & Advances given to related parties/ Total loans & advances) 99.09% 87.05% d. Investments (Investments in related parties/ Total Investments made) 11.47% 10.28% * As per the Standalone Financial Statements of the Company LEADERSHIP INDICATORS 1. Awareness programmes conducted for value chain partners on any of the Principles during the financial year [GRI 2-24]: The Company runs various programmes such as Supplier Business Capability Building (SBCB), ESG and Supplier Risk Management & Mitigation (SRMM) for critical, long term, strategic and needy suppliers. Under these programmes, below mentioned trainings were conducted in F24 covering several aspects such as governance, ethics, transparency, accountability, health, safety, employee well-being and various regulatory requirements. Total number of awareness programmes held Topics / principles covered under the training %age of value chain partners covered (by value of business done with such partners) under the awareness programmes 13 a. Essentials of Sustainability b. R egulatory requirements of Environment, Social, Governance, Health, Safety and working conditions c. V arious disclosures including BRSR & Reporting frameworks d. M&M’s ESG commitments 37.06% 4 a. Basics of Industrial Safety b. Safety risk mitigation techniques c. Occupational Health & Safety d. Personal Protective Equipment e. Regulatory requirements of Health and Safety 7.08* 4 Ethics, Transparency and Accountability, Supplier Risk Management, Value analysis & Engineering, Program Management 9.29% * 17% of value chain partners (by purchase value) have undergone training since FY 2020-21
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