Together good things happen - Airtel

Bharti Airtel Annual Report 2009-10
For the year ended March 31, 2009
(Rs '000)
Reportable Segments Mobile Telemedia Enterprise Passive Others Eliminations Total
Revenue
Service Revenue / Sale of Goods and
Services Services Services Infrastructure
Other Income 295,944,616 31,230,090 34,716,445 12,707,127 446,346 - 375,044,624
Inter Segment Revenue 8,243,851 2,195,943 48,700,681 38,205,845 3,553,882 (100,900,202) -
Total Revenue
Results
304,188,467 33,426,033 83,417,126 50,912,972 4,000,228 (100,900,202) 375,044,624
Segment Result, Profit / (Loss) 68,746,069 8,187,883 31,637,253 3,204,243 (6,860,931) (391,559) 104,522,958
Net Finance Expense / ( Income ) - - - - 18,612,828 - 18,612,828
Net Profit / (Loss)
Provision for Tax
68,746,069 8,187,883 31,637,253 3,204,243 (25,473,759) (391,559) 85,910,130
- Current Tax - - - - 10,400,288 - 10,400,288
- MAT credit - - - - (2,317,983) - (2,317,983)
- Fringe Benefit Tax - - - - 408,131 - 408,131
- Deferred Tax (Credit)/ Charge - - - - (3,022,126) - (3,022,126)
Minority Interest 1,684,463 - - 167,812 - - 1,852,275
Net Profit / (Loss) after tax
Other Information
67,061,606 8,187,883 31,637,253 3,036,431 (30,942,069) (391,559) 78,589,545
Segment Assets 233,283,156 49,695,333 79,738,925 202,578,918 58,824,123 - 624,120,455
Inter Segment Assets 143,765,234 17,019,515 92,650,455 17,488,997 5,273,054 (276,197,255) -
Deferred Tax Asset - - - - 292,978 - 292,978
MAT Credit - - - - - - -
Total Assets 377,048,390 66,714,848 172,389,380 220,067,915 64,390,155 (276,197,255) 624,413,433
Segment Liabilities 99,760,222 8,014,601 30,848,259 94,680,802 87,532,765 - 320,836,649
Inter Segment Liabilities 73,289,611 47,746,070 60,683,406 18,182,791 76,295,377 (276,197,255) -
Minority Interest 4,540,707 - - 7,756,833 - - 12,297,540
Deferred Tax Liability - - - - - - -
Total Liabilities 177,590,540 55,760,671 91,531,665 120,620,426 163,828,142 (276,197,255) 333,134,189
Capital Expenditure 84,543,496 16,717,260 18,938,100 62,352,487 3,863,082 (19,469,717) 166,944,708
Depreciation and amortisation 26,143,730 6,102,576 5,305,230 12,709,477 1,029,545 1,651,576 49,638,982
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 excluding goodwill
4. Segment Assets include Fixed Assets, Capital Work in Progress, Pre-operative Expenses Pending Allocation, Investments, 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 18 - Policy of significant accounting policy of Segment reporting of Schedule 22
Information about Geographical Segment – Secondary
The Group 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 for
the year ended March 31, 2010.
(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 398,704,110 354,157,278
Others 20,815,250 20,887,346
Carrying amount of Segment Assets by geographical location
419,519,360 375,044,624
Within India 630,541,761 592,622,311
Others 68,556,221 31,791,122
Cost incurred during the year to acquire segment assets by geographical location
699,097,982 624,413,433
Within India 130,614,171 158,033,878
Others 11,477,775 8,054,835
142,091,946 166,088,713
Notes:
1. ‘Others’ represents the Unallocated Revenue, Assets and acquisition of Segment Assets of the Group
2. Assets include Fixed Assets, Capital Work in Progress, Investments, Current Assets and Miscellaneous Expenditure to the extent not written off
3. Cost incurred to acquire Segment Assets pertains to gross additions made to Fixed Assets during the year
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