Together good things happen - Airtel

More documents

Recommendations

Info

Related Party Transaction for 2009-10 (Rs '000) Nature of transaction Jersey Bharti Centum Bharti Retail Jataayu Bharti Axa Bharti Axa Bharti Sunil Manoj Sanjay Airtel Enterprises Learning Limited (formerly Software General Investment Teleports Bharti Kohli Kapoor Limited Limited Limited Bharti Retail Limited Insurance Managers Limited Mittal Private Limited ) Company Limited Private Limited Purchase of fixed assets/Bandwidth - - - - - - - - - - - Sale of fixed assets - - - - - - - - - - - Purchase of Investments - (73,795) - - - - (189,960) - - - - Sale of Investments - - - - - - 264,279 - - - - Rendering of services 47,252 4,867 - 31,472 2,465 - - - - - - Receiving of services (11,524) (594) (488,324) (901) - (7,125) - - - - - Management fee (including service tax) - - - - - - - - - - - Fund transferred/includes expenses incurred on behalf of others - 227 11,152 11,962 - - - - - - Fund received/includes expenses incurred on behalf of Company (1,388) (575,622) - - - - - - - - Employee related transaction incurred on behalf of others - - - 221 - - - - - - - Employee related transaction incurred on behalf of Company (75) (426) (8,538) - - - - - - - - Salary - - - - - - - - 234,884 45,276 2,655 Donation - - - - - - - - - - - Amount received on exercise of ESOP options - - - - - - - - - - - Security deposit/Advances paid - - - - - - - - - - - Security deposit/Advances received - - - - - - - - - - - Loan to Related Party - - - - - - - 100,000 - - - Subscription to share capital - - - - - - - - - - - Interest received on fund transferred - - - - - - - 2,066 - - - Dividend paid - - - - - - - - - 180 487 Closing balance 23,559 1,377 60,072 10,301 (2) 153 - 102,066 (118,800) (15,728) (677) Unsecured Loan - - - - - - - - - - - Creditors - - - - (2) - - - (118,800) (15,728) (677) Loans and Advances - - 60,072 - - 153 - 102,066 - - - Debtors 23,559 1,377 - 10,301 - - - - - - - Closing Balance 23,559 1,377 60,072 10,301 (2) 153 102,066 (118,800) (15,728) (677) Maximum Loans and Advance Outstanding during the year - - 60,072 - - 153 - 102,066 - - - Guarantees and Collaterals - - - - - - - - - - - * Refer Note 27 on Schedule 22 During the year, the Company has paid in addition of provision made last year Rs 2,784 thousand to Akhil Gupta towards PLI for the year 2008-09
Related Party Transaction for 2008-09 (Rs '000) Nature of transaction Bharti Bharti Airtel Bharti Airtel Bharti Airtel Bharti Airtel Bharti Airtel Bharti Airtel Bharti Airtel Bharti Bharti Hexacom Services (USA) Limited (UK) Limited (Canada) (Hongkong) Holdings (Singapore) Telemedia Infratel Limited Limited Limited Limited (Singapore) Pvt. Limited Limited Limited Pte. Limited Purchase of fixed assets/Bandwidth (60,269) (7,073) - - - - - (1,427,039) - (10,555) Sale of fixed assets 1,491,733 408 - - - - - - - 5 Purchase of Investments (Mutual Fund) - - - - - - - - - - Sales of Investments (Mutual Fund) - - - - - - - - - - Rendering of services 3,659,324 5,379 659,829 12,720 3,751 - - 46,852 57,201 - Receiving of services (1,228,856) (3,561,983) (74,510) (35,280) - (162) - - (16,539) (35,484,173) Management fee (including service tax) 527,121 - - - - - - - - - Fund transferred/includes expenses incurred on behalf of others 9,155,136 3,273,104 - - - - - - 5,665,577 251,308 Fund received/includes expenses incurred on behalf of Company (9,034,234) (3,214,358) - - - - - - (158,089) (40,701) Employee related transaction incurred on behalf of others 33,649 2,611 - - - - - - 13,892 - Employee related transaction incurred on behalf of Company (8,319) - - - - - - - (95,700) (50) Salary - - - - - - - - - - Donation - - - - - - - - - - Amount received on exercise of ESOP options - - - - - - - - - - Security deposit/Advances paid - - - - - - - - - 1,985,707 Security deposit/Advances received - - - - - - - - - - Loan to Related Party - - - - - - - - - 12,544,332 Subscription to share capital 343,062 - - 13,093 - - 1,106,553 - - - Interest received on fund transferred 266,820 - 3,374 986 225 - - - - 415,094 Closing balance 4,212,618 546,892 1,063,575 (25,643) 7,409 (162) - (1,380,187) 6,356,874 1,355,506 Unsecured Loan - - - - - - - - - - Creditors - - - (27,418) - (162) - (1,380,187) (27,417) (675,696) Loans and Advances 1,722,565 - 76,306 1,775 3,570 - - - 6,384,291 2,031,202 Debtors 2,490,053 546,892 987,269 - 3,839 - - - - - Closing Balance 4,212,618 546,892 1,063,575 (25,643) 7,409 (162) - (1,380,187) 6,356,874 1,355,506 Maximum Loans and Advances outstanding during the year 7,058,362 - 76,306 1,775 3,570 - - - 6,384,465 11,206,561 Guarantees and Collaterals 849,829 80,629 - - - - - - 624,898 1,185 Bharti Airtel Annual Report 2009-10 105
Page 1 and 2:
Together good things happen... Bhar
Page 3 and 4:
Table of contents 1 2 3 4 5 6 7 8 9
Page 5 and 6:
Corporate history and Top 30 shareh
Page 7 and 8:
Awards & honours With a belief that
Page 9 and 10:
Chairman’s message Closer home, w
Page 11 and 12:
To be provided Akhil Gupta Chua Soc
Page 13 and 14:
Pulak Chandan Prasad Rakesh Bharti
Page 15 and 16:
Bharti Airtel Annual Report 2009-10
Page 17 and 18:
CEO (India & South Asia)’s Airtel
Page 19 and 20:
Airtel Experience Last year was tru
Page 21 and 22:
Together good things happen custome
Page 23 and 24:
Together good things happen Bharti
Page 25 and 26:
Page 27 and 28:
Taking everybody along Bharti Airte
Page 29 and 30:
Page 31 and 32:
Page 33 and 34:
Photos by Amit Bhatia, Legal & Regu
Page 35 and 36:
exemption to the Company from attac
Page 37 and 38:
In July 2009, the Company has sub-d
Page 39 and 40:
egarding compliance of conditions o
Page 41 and 42:
Information regarding the Employees
Page 43 and 44:
• Restriction on Sale of Equity O
Page 45 and 46:
FINANCIAL PERFORMANCE (Amount in Rs
Page 47 and 48:
INTERNAL CONTROL SYSTEMS The Compan
Page 49 and 50:
consent. The appointments of such d
Page 51 and 52:
g) Tenure of independent directors
Page 53 and 54:
directors will be entitled to commi
Page 55 and 56: - Matters required to be included i
Page 57 and 58: Key Responsibilities Key responsibi
Page 59 and 60: Special resolutions passed at the l
Page 61 and 62: MEANS OF COMMUNICATION The quarterl
Page 63 and 64: Distribution of shareholding By num
Page 65 and 66: The Board of directors, Bharti Airt
Page 67 and 68: Annexure referred to in paragraph 4
Page 69 and 70: (x) The Company has no accumulated
Page 71 and 72: Bharti Airtel Annual Report 2009-10
Page 73 and 74: Particulars C. Cash flow from finan
Page 75 and 76: Particulars SCHEDULE : 3 SECURED LO
Page 77 and 78: Particulars SCHEDULE : 6 INVESTMENT
Page 79 and 80: Particulars SCHEDULE : 9 CASH AND B
Page 83 and 84: SCHEDULE: 21 STATEMENT OF SIGNIFICA
Page 85 and 86: Forward Exchange Contracts covered
Page 87 and 88: Minimum Alternative Tax (MAT) credi
Page 89 and 90: Unless otherwise stated below, the
Page 91 and 92: 6. Employee benefits a) During the
Page 93 and 94: e) The estimates of future salary i
Page 95 and 96: epayable on disconnection, net of o
Page 97 and 98: 2008-09 Particulars Year ended Purc
Page 99 and 100: ) Details of trade investments purc
Page 103 and 104: Related Party Transaction for 2009-
Page 105: Related Party Transaction for 2009-
Page 111 and 112: 24.Operating lease - As a Lessee Th
Page 113 and 114: (v) The Information concerning stoc
Page 115 and 116: Particulars As at As at March 31, 2
Page 117 and 118: Auditors' Report to The Board of Di
Page 121 and 122: Particulars C. Cash flow from finan
Page 123 and 124: Particulars SCHEDULE : 2 (Cont.) Pr
Page 125 and 126: Particulars SCHEDULE : 6 INVESTMENT
Page 127 and 128: Particulars SCHEDULE : 12 CURRENT L
Page 133 and 134: ecognised over the period of servic
Page 135 and 136: Standard 15 (revised), “Employee
Page 137 and 138: SCHEDULE: 22 NOTES TO THE FINANCIAL
Page 139 and 140: obligations fully due to certain no
Page 141 and 142: c) Reconciliation of opening and cl
Page 143 and 144: Joint Venture Entities: b) The Comp
Page 145 and 146: 13. Particulars of securities charg
Page 151 and 152: (Rs '000) Related Party Transaction
Page 153 and 154: 17. Leases a) Operating Lease - As
Page 155 and 156: d) 2006 Plan under the Old Scheme T
Page 157 and 158:
Page 159 and 160:
24. As at March 31, 2010 the accumu
Page 161 and 162:
Notice is hereby given that the fif
Page 163 and 164:
EXPLANATORY STATEMENT (Under sectio
Page 165:
Mr. Rakesh Bharti Mittal Date of bi
Page 169:
To Karvy Computershare Private Limi
Page 172:
Bharti Airtel Limited, Bharti Cresc
show all

Together good things happen - Airtel

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?