Speciality Metals International Limited Annual Report 2020

62 Speciality Metals International Limited Annual Report 2020 Notes to the Consolidated Financial Statements continued NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS Page | 63 b. Transactions with other related parties: Transactions between other related parties are on normal commercial terms and conditions no more favourable than those available to other parties unless otherwise stated. There were no transactions with other related parties during the reporting period. c. Receivable from and payable to related parties There were no trade receivables from nor trade payables to related parties at the current and previous reporting date. d. Loans to/from related parties There were no loans to or from related parties at the current and previous reporting date. e. Parent entity Speciality Metals International Limited is the parent entity. f. Subsidiaries Interests in subsidiaries are set out in Note 18. .