Page 251 - Sigmaroc Annual-Report 2023
P. 251
35. CONTINGENCIES
The Group is not aware of any material personal injury or damage claims open against the Group.
36. RELATED PARTY TRANSACTIONS
Loans with Group Undertakings
Amounts receivable/(payable) as a result of loans granted to/(from) subsidiary undertakings are as follows:
Company
251
31 December 2023 £’000
(27,152)
31 December 2022 £’000
(9,013)
21,885
(11,179)
5,012
594
5,311
16,799
11,435
10,349
409
43,062
12,604
(1,117)
(506)
78,493
Ronez Limited
SigmaGsy Limited
SigmaFin Limited
Topcrete Limited
Poundfield Products (Group) Limited Foelfach Stone Limited
CCP Building Products Limited Carrières du Hainaut SCA GDH (Holdings) Limited
B-Mix Beton NV
Stone Holdings SA Nordkalk Oy Ab Johnston Quarry Group Rightcast Limited Retaining (UK) Limited
(22,764) (7,663) 20,549
(10,346) 5,356 557 4,586 14,948 10,035 8,013 384 70,196 7,747 (799) - 100,799
Loans granted to or from subsidiaries are unsecured, have interest charged at 6.5% and are repayable in Pounds Sterling on demand from the Company.
All intra Group transactions are eliminated on consolidation.
37. ULTIMATE CONTROLLING PARTY
The Directors believe there is no ultimate controlling party.