SCHEDULE 5 : FIXED ASSETS (Refer Notes 3, 4, 15, 16 on Schedule 21 and Note, 21, 24 & 25 on Schedule 22) (Rs '000) Particulars Gross Block Value Depreciation / Amortisation Net Block Value As at Additions Sale / As at As at For the Sale / As at As at As at April 01, during Adjustment March 31, April 01, year Adjustment March 31, March 31, March 31, 2009 the year during the 2010 2009 during the 2010 2010 2009 year year INTANGIBLE ASSETS Software 83,993 395,984 - 479,977 83,993 42,713 - 126,706 353,271 - Bandwidth 10,748,556 3,793,321 (42,598) 14,584,475 1,726,271 918,995 (40,185) 2,685,451 11,899,024 9,022,285 Licences 21,141,521 - (53,339) 21,194,860 10,471,099 1,144,252 (53,338) 11,668,689 9,526,171 10,670,422 TANGIBLE ASSETS Leasehold Land 248,465 135,230 (1,273) 384,968 5,467 4,167 (327) 9,961 375,007 242,998 Freehold Land 675,093 617,316 66,206 1,226,203 - - - - 1,226,203 675,093 Building 3,510,129 1,509,183 (112,848) 5,132,160 730,540 212,221 31,787 910,974 4,221,186 2,779,589 Leasehold Improvements 2,751,137 596,438 143,296 3,204,279 1,187,626 452,430 155,663 1,484,393 1,719,886 1,563,511 Plant & Machinery 309,809,300 58,243,055 870,302 367,182,053 91,527,857 33,150,906 438,387 124,240,376 242,941,677 218,281,443 Computers 20,626,784 4,518,176 191,986 24,952,974 14,895,371 3,704,265 199,466 18,400,170 6,552,804 5,731,413 Office Equipment 1,894,030 550,891 135,284 2,309,637 1,131,230 216,418 (57,698) 1,405,346 904,291 762,800 Furniture & Fixture 975,061 290,792 27,112 1,238,741 667,757 158,060 18,180 807,637 431,104 307,304 Vehicles 199,557 39,013 7,471 231,099 106,048 40,449 11,098 135,399 95,700 93,509 Vehicle on Finance Lease 3,397 - (452) 3,849 179 151 (203) 533 3,316 3,218 TOTAL 372,667,023 70,689,399 1,231,148 442,125,275 122,533,438 40,045,027 702,829 161,875,635 280,249,640 250,133,585 Capital Work in Progress (including Capital Advances) - - - - - - - - 15,947,360 25,666,693 GRAND TOTAL 372,667,023 70,689,399 1,231,148 442,125,275 122,533,438 40,045,027 702,829 161,875,635 296,197,000 275,800,278 Previous Year 281,156,516 94,855,765 3,345,258 372,667,023 90,850,041 33,266,316 1,582,919 122,533,438 - - Notes: 1. Capital Work In Progress includes Capital advances of Rs 258,275 thousand (Previous year Rs 1,555,709 thousand) 2. Freehold Land and Building includes Rs 395,825 thousand (Previous year Rs 13,135 thousand) and Rs 332,137 thousand (previous year Rs 297,301 thousand) respectively, in respect of which registration of title in favour of the Company is pending 3. Building includes building on leasehold land Rs 639,011 thousand (March 31, 2008 Rs 422,966 thousand) 4. The remaining amortisation period of licence fees as at March 31, 2010 ranges between 5 to 15 years for Unified Access Service Licences and 12 years for Long Distance Licences 5. Capital work in progress includes <strong>good</strong>s in transit Rs 2,119,900 thousand (Previous year Rs 2,069,495 thousand) 6. Computers include Gross Block of assets capitalised under finance lease Rs 16,904,070 thousand (Previous year Rs 12,165,684 thousand) and corresponding Accumulated Depreciation being Rs 10,244,781 thousand (Previous year Rs 7,173,057 thousand) WDV of Rs 6,659,289 (Previous year Rs 4,992,627) 7. Sale / Adjustment during the year includes reclassification of class of assets
Particulars SCHEDULE : 6 INVESTMENTS (Refer Note 7 on Schedule 21 and Note 20 on Schedule 22) Current, other than trade, Unquoted (Rs '000) As at As at March 31, 2010 March 31, 2009 - Deposits and Bonds 4,662,570 1,757,384 Current, other than trade, Quoted - Mutual Funds 41,533,673 18,792,006 Long term, other than trade, Unquoted - Government securities 1,800 1,835 Long Term : Trade, Un-quoted Investment in Subsidiaries 46,198,043 20,551,225 1) Bharti Hexacom Limited: 174,999,980 (Previous year 174,999,980) Equity shares of Rs 10 each fully paid up 5,717,628 5,717,628 2) Bharti <strong>Airtel</strong> Services Limited: 100,000 (Previous year 100,000) Equity shares of Rs 10 each fully paid up. 1,000 1,000 3) Bharti <strong>Airtel</strong> (USA) Limited: 300 (Previous year 300) Equity shares of USD .0001 each fully paid up 508,971 508,971 4) Bharti <strong>Airtel</strong> (UK) Limited:123,663 (Previous year 123,633) Equity shares of GBP 1 each fully paid up 100,612 100,612 5) Bharti <strong>Airtel</strong> (Hongkong) Limited: 4,959,480 (Previous year 4,959,480) Equity shares of HKD 1 each fully paid up 26,333 26,333 6) Bharti <strong>Airtel</strong> (Canada) Limited: 75,100 (Previous year 100) Equity shares of Canadian Dollar (CAD) 1 each fully paid up 3,184 4 7) Bharti <strong>Airtel</strong> (Singapore) Private Limited: 7,50,001 (Previous year 7,50,001) Equity shares of Singapore Dollar (SGD) 1 each fully paid up. 20,139 20,139 8) Network i2i Limited: 9,000,000 (Previous year 9,000,000) Equity shares of USD 1 each fully paid up. 5,316,039 5,316,039 9) Bharti Infratel Limited: 500,000,000 (Previous year 500,000,000) Equity shares of Rs 10 each fully paid up 82,181,703 82,181,703 10) Bharti Telemedia Limited: 9,690,000 (Previous year 4,080,000) Equity shares of Rs 10 each fully paid up 114,697 40,902 (Refer Note 2 (b) on Schedule 22) 11) Bharti <strong>Airtel</strong> Lanka (Private) Limited: 525,596,420 (Previous year 525,596,420) Equity shares of SLR 10 each fully paid up 2,049,411 2,049,411 12) Bharti <strong>Airtel</strong> Holdings (Singapore) Pte Limited: 311,000,001 (Previous year 1) Equity shares of Singapore Dollar (SGD) 1 each fully paid up 15,248,220 1,106,553 (Refer Note 2 (c) of Schedule 22) Investment in Joint Ventures Bharti <strong>Airtel</strong> Annual Report 2009-10 1) Bridge Mobile Pte Limited: 2,200,000 (Previous year 2,200,000) Equity shares of USD 1 each fully paid up 92,237 92,237 75
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Together good things happen... Bhar
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Table of contents 1 2 3 4 5 6 7 8 9
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Corporate history and Top 30 shareh
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Awards & honours With a belief that
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Chairman’s message Closer home, w
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To be provided Akhil Gupta Chua Soc
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Pulak Chandan Prasad Rakesh Bharti
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Bharti Airtel Annual Report 2009-10
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CEO (India & South Asia)’s Airtel
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Airtel Experience Last year was tru
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Together good things happen custome
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Together good things happen Bharti
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- Page 27 and 28: Taking everybody along Bharti Airte
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- Page 31 and 32: Bharti Airtel Annual Report 2009-10
- 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
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- 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
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- Page 73 and 74: Particulars C. Cash flow from finan
- Page 75: Particulars SCHEDULE : 3 SECURED LO
- Page 79 and 80: Particulars SCHEDULE : 9 CASH AND B
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- 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
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- Page 107 and 108: Related Party Transaction for 2008-
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- Page 123 and 124: Particulars SCHEDULE : 2 (Cont.) Pr
- Page 125 and 126: Particulars SCHEDULE : 6 INVESTMENT
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Particulars SCHEDULE : 12 CURRENT L
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Bharti Airtel Annual Report 2009-10
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Bharti Airtel Annual Report 2009-10
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ecognised over the period of servic
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Standard 15 (revised), “Employee
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SCHEDULE: 22 NOTES TO THE FINANCIAL
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obligations fully due to certain no
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c) Reconciliation of opening and cl
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Joint Venture Entities: b) The Comp
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13. Particulars of securities charg
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Bharti Airtel Annual Report 2009-10
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Related Party Transaction for 2009-
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(Rs '000) Related Party Transaction
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17. Leases a) Operating Lease - As
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d) 2006 Plan under the Old Scheme T
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Bharti Airtel Annual Report 2009-10
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24. As at March 31, 2010 the accumu
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Notice is hereby given that the fif
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EXPLANATORY STATEMENT (Under sectio
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Mr. Rakesh Bharti Mittal Date of bi
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To Karvy Computershare Private Limi
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Bharti Airtel Limited, Bharti Cresc