281 / 300
Notes forming part of onancial statements (Contd.)
Annual Report 2016-17
•
281
(In
`
Million)
Name of the related party and nature of relationship
As at
March 31, 2017
March 31, 2016
Trade payables
Subsidiaries
Persistent Systems France SAS
1.58
8.72
Persistent Systems, Inc.
724.69
770.29
Persistent Systems Malaysia Sdn. Bhd.
-
-
Persistent Telecom Solutions Inc.
12.53
-
(wholly owned subsidiary of Persistent Systems, Inc.)
Aepona /imited
44.65
-
(wholly owned subsidiary of Aepona Group /imited)
Akshat Corporation (d.b.a Rgen Solutions)
102.13
-
(wholly owned subsidiary of Persistent Systems, Inc.)
Total
885.58
779.01
Other payables
Entity over which a key management personnel
has signiocant inpuence
Persistent Foundation
0.82
-
0.82
-
Trade receivables
Subsidiaries
Persistent Systems France SAS
16.76
11.79
Persistent Systems, Inc.
1,852.71
1,211.70
Persistent Telecom Solutions Inc.
240.84
98.66
(wholly owned subsidiary of Persistent Systems, Inc.)
Persistent Systems Malaysia Sdn. Bhd.
30.80
44.44
Persistent Systems Pte /td
9.98
-
Akshat Corporation (d.b.a Rgen Solutions)
11.75
7.81
(wholly owned subsidiary of Persistent Systems, Inc.)
Aepona /imited
7.68
46.30
(wholly owned subsidiary of Aepona Group /imited)
Entity over which a key management personnel
has signiocant inpuence
Deazzle Services Private /imited
6.30
1.75
Total
2,176.82
1,422.45
Loans given
Subsidiary
Persistent Systems, Inc.
317.76
-
Associate
Klisma e-Services Private /imited @
27.43
27.43
Total
345.19
27.43
Interest accrued on loan
given
Subsidiary
Persistent Systems, Inc.
7.01
2.62
7.01
2.62