Page 70 - Bauxite Resources Annual Report 2013

Notes to the Financial Statements cont.
Consolidated Group
2013
$
2012
$
22. RELATED PARTY TRANSACTIONS
(a) Amounts received from related parties
Bauxite Alumina Joint Ventures Pty Ltd 337,817 92,823
Bauxite Resource Joint Venture 189,919 23,962
Alumina Refinery Joint Venture - 2,877
527,736 119,662
(b) Amounts paid to related parties (excluding equity contributions)
Bauxite Alumina Joint Ventures Pty Ltd 20,960 56,748
Bauxite Resource Joint Venture 65,005 314,979
Alumina Refinery Joint Venture - 10,279
85,965 382,006
(c) Trade and other receivables from related parties
Bauxite Alumina Joint Ventures Pty Ltd 32,323 23,988
Bauxite Resource Joint Venture 19,916 4,161
Alumina Refinery Joint Venture - -
52,239 28,149
(d) Trade and other payables to related parties
Bauxite Alumina Joint Ventures Pty Ltd 1,183 6,114
Bauxite Resource Joint Venture - 2,720
1,183 8,834
23. SUBSIDIARIES
The consolidated financial statements incorporate the assets, liabilities and results of the following subsidiaries in accordance
with the accounting policy described in note 1(b):
Name Country of
Incorporation
Date of
Incorporation
Class of Shares Equity Holding(1)
2013
%
2012
%
Darling Range Pty Ltd Australia 10 June 2008 Ordinary 100 100
Braeburn Resources Pty Ltd Australia 24 July 2007 Ordinary 100 100
Darling Range South Pty Ltd Australia 13 November 2008 Ordinary 100 100
Darling Range North Pty Ltd Australia 23 March 2009 Ordinary 100 100
BRL Operations Pty Ltd Australia 16 February 2009 Ordinary 100 100
BRL Landholdings Pty Ltd Australia 16 February 2009 Ordinary 100 100
BRL Other Minerals Pty Ltd Australia 25 March 2009 Ordinary 100 100
VA Holdings Pty Ltd Australia 13 February 2009 Ordinary 100 -
Bauxite Alumina Joint Ventures Pty Ltd Australia 12 January 2011 Ordinary 50 50
(1) The proportion of ownership interest is equal to the proportion of voting power held.
24. EVENTS OCCURRING AFTER THE BALANCE SHEET DATE
There has not been any other event that has arisen since 30 June 2013 which has significantly affected, or may significantly affect
the operations of the Group, the result of those operations, or the state of affairs of the Group in subsequent financial years.
68 Bauxite Resources Annual Report 2013