Together good things happen - Airtel

Bharti Airtel Annual Report 2009-10
For the year ended March 31, 2009
Reportable Segments Mobile Telemedia Enterprise Others Eliminations
(Rs'000)
Total
Revenue
Services Services Services
Service Revenue / Sale of Goods and Other Income 274,918,524 30,930,923 35,338,973 361,850 - 341,550,270
Inter Segment Revenue 7,814,275 2,184,489 45,896,963 - (55,895,727) -
Total Revenue
Results
282,732,799 33,115,412 81,235,936 361,850 (55,895,727) 341,550,270
Segment Result, Profit / (Loss) 63,994,377 8,149,339 31,471,376 (4,359,883) - 99,255,209
Net Finance Expense / ( Income ) - - - 17,639,842 - 17,639,842
Net Profit / (Loss)
Provision for Tax
63,994,377 8,149,339 31,471,376 (21,999,725) - 81,615,367
- Current Tax (inclusive of MAT credit) - - - 7,777,310 - 7,777,310
- Fringe Benefit Tax - - - 358,731 - 358,731
- Deferred Tax (Credit)/ Charge - - - (3,959,059) - (3,959,059)
Net Profit / (Loss) after tax
Other Information
63,994,377 8,149,339 31,471,376 (26,176,707) - 77,438,385
Segment Assets 218,751,570 50,331,323 77,750,978 140,100,735 - 486,934,606
Inter Segment Assets 121,698,562 16,848,857 90,849,201 458,805 (229,855,425) -
Deferred Tax Asset - - - 3,271,103 - 3,271,103
Advance tax (Net of provision for tax) - - - 894,226 - 894,226
Total Assets 340,450,132 67,180,180 168,600,179 144,724,869 (229,855,425) 491,099,935
Segment Liabilities 92,405,619 7,928,447 30,130,845 84,195,380 - 214,660,291
Inter Segment Liabilities 57,714,286 47,328,000 56,906,798 67,906,341 (229,855,425) -
Total Liabilities 150,119,905 55,256,447 87,037,643 152,101,721 (229,855,425) 214,660,291
Capital Expenditure 73,790,902 16,554,505 21,166,341 334,392 (17,264,260) 94,581,880
Depreciation and amortisation 24,097,795 6,034,562 5,190,937 448,558 (1,920,862) 33,850,990
Notes:
1. 'Others' represents the Unallocated Revenue, Profit/(Loss), Assets & Liabilities.
2. Segment results represents Profit/(Loss) before Finance Expenses and tax.
3. Capital expenditure pertains to gross additions made to fixed assets during the year.
4. Segment Assets include Fixed Assets, Capital Work in Progress, Pre-operative Expenses pending allocation, Current Assets and Miscellaneous
Expenditure to the extent not written off.
5. Segment Liabilities include Secured and Unsecured Loans, Current Liabilities and Provisions.
6. Inter segment Assets / Liabilities represent the inter segment account balances.
7. Inter segment revenues excludes the provision of telephone services free of cost among group companies. Others are accounted for on terms
established by management on arm’s length basis. These transactions have been eliminated in consolidation.
8. The accounting policies used to derive reportable segment results are consistent with those described in the “Significant Accounting Policies” note to
the financial statements. Also refer Note 17 of Schedule 21
Information about Geographical Segment – Secondary
The Company has operations within India as well as with entities located in other countries. The information relating to the Geographical segments
in respect of operations within India, which is the only reportable segment, the remaining portion being attributable to others, is presented below :
(Rs '000)
Particulars As at
As at
Segment Revenue from external customers based on geographical
location of customers (including Other Income)
March 31,2010 March 31, 2009
Within India 339,040,896 320,749,835
Others 17,951,806 20,800,435
Carrying amount of Segment Assets by geographical location
356,992,702 341,550,270
Within India 523,527,581 479,033,684
Others 22,653,438 12,066,251
Cost incurred during the year to acquire segment assets by geographical location
546,181,019 491,099,935
Within India 63,683,720 90,844,077
Others 7,005,679 3,737,803
70,689,399 94,581,880
Notes:
1. 'Others' represents the unallocated revenue, assets and acquisition of segment assets of the Company.
2. Assets include Fixed Assets, Capital Work in Progress, Investments, Deferred Tax Asset, Current Assets and miscellaneous expenditure to the extent not written off.
3. Cost incurred to acquire segment assets pertain to gross additions made to Fixed Assets during the year.
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