Professional Documents
Culture Documents
Progress (b) Non Investments Work in 2.10 2.10 2.10 38,149 Current 2.11 2.27 31,889 299 16,464 20,920 765 14,169 14,672 9,888 38,729 32,102 -
(c) Foreign Currency Monetary Item Translation Difference Account (d) Long Term Loans and Advances Current Assets (a) Current Investments (b) Inventories (c) Trade Receivables (d) Cash Balances and Bank 2.12
4,307
74,644
3,903
74,734
(e) Short Term Loans and Advances (f) Other Current Assets TOTAL 2.18
53 Statement of Profit and Loss for the year ended March 31, 2012 Notes INCOME Revenue from Operations Other Income Total Revenue EXPENDITURE Access Charges, License Fees and Network Expenses Employee Expenses Finance Costs Depreciation and Amortisation Expenses Depreciation adjusted against Provision for Business Restructuring Depreciation adjusted General Reserve III Sales and General against 2.24 Benefits 2.21 6,911 9,306 2.19 2.20 11,863 11,110 753 12,130 1,152 13,282 For the year ended March 31, 2012 For the year ended March 31, 2011
1,315
1,794
Administration Expenses Total Expenses Profit/ (Loss) before Exceptional items, Tax and Adjustments Exceptional Items Provision Subsidy for Bad Debts and 268 (268) 1,064 (1,064) 155 11,708 155 2.38 (860) 14,142 (860)
Equivalent amount withdrawn from General Reserve III Loss on account of change in exchange rate (net) Equivalent amount withdrawn from General Reserve III Profit/ (Loss) for the year before Tax and Adjustment Tax Expense: Current Tax and Deferred Tax Excess provision for tax of earlier years Profit/ (Loss) after Tax and before Adjustment Investment in Global Innovative Solutions Private Limited written off Equivalent amount withdrawn from General Reserve III Profit/ (Loss) Adjustment after Tax and 2.28
(1) 156 -
(102) (758) 1
2.28
(1)
156 2.37
(758)
Earnings per Share of face value of ` 5 each fully paid up (before and after expectional items) Basic (`) Diluted (`) Significant Accounting Policies As at March 31, 2012 Note : 2.14 Inventories Stores and Spares (valued at cost or net realisable value whichever is less) Note : 2.15 Trade Receivables (Unsecured) Due for more than six months from the date they are due for payment Considered good Considered doubtful 1,627 Less: Provision for 683 944 944 683 329 0.76 0.73
306
doubtful debts (Refer Note 2.38) Others Considered good Considered doubtful 1,134 Less: Provision for doubtful debts (Refer Note 2.38) 146 988 53 988 146 769 53 822 769
1,932 The above includes debts due from subsidiaries ` 542 crore (Previous year ` 453 crore) Note : 2.16 Cash and Bank Balances (i) Balances with Banks (ii) Earmarked Balance - Unpaid Dividend (iii) Balances held as Margin Money 178 As at March 31, 2012 NOTE : 2.18 Other Current Assets Deposits* Interest Accrued on Investments and Loans Unbilled revenue Receivable against Sale of Assets 2,122 * Deposits include ` 1,527 crore (Previous year ` 1,186 crore) paid against disputed claims (Refer Note 2.31). For the year ended March 31, 2012 Note : 2.22 Employee Benefits Expenses Salaries (including managerial remuneration) (Refer Note 2.39) Contribution to Gratuity Fund Employee Amenities Provident and and Other 390 33 58 (5) 476 Note : 2.23 Finance Costs Interest and Other Charges on Term Loans Interest on Other 489 1207 718 292 1,642 241 231 8 50 9 119
1,538
1,411 422 224 208 2,265 69 (` in Crore) For the year ended March 31, 2011
Welfare
380 672
Loans Other Financial Cost 1,265 Note : 2.24 Sales and General Administration Expenses Commission (Refer Note 2.39) Selling and Marketing (Refer Note 2.39) Advertisement (Refer Note 2.39) Customer Acquisition and Customer Care (Refer Note 2.39) Provision for Doubtful Debts, Loans and Advances Insurance Rent, Rates and Taxes Other Repairs Travelling Professional Fees Foreign (net) Exchange Loss/ (Gain) 114 714 359 177 64 186 514 190 68 958 58 174 846
45 9 19 8 31 59 80 209 135
Hire Charges (Refer Note 2.39) Data Warehousing Charges Other General and Administrative Expenses Wealth Tax ` 4,50,000 (Previous year ` 5,50,000) Payment to Auditors (a) As Auditors (b) For reimbursement of expenses ` 12,01,728 (Previous year ` 21,15,646) Project Development Expenditure 6 550
[Includes ` 14,80,000 (Previous year ` 13,00,000) towards sitting fees paid to Non Executive Directors] 699
6 -
6 6
1,315
1,794
Details of Project Development Expenditure (Included Capital Work in Progress) (` in Crore) For the year ended For the year ended March 31, 2012 March 31, 2011 Opening Balance Add: Expenditure incurred during the year Employee Benefit Expenses Rent, Rates and Taxes Repairs (Previous year ` 1,52,148) Travelling (` 5,77,336) Professional Fees Network Setup Costs 61 11 12 36 13 8 2 66 34 615 148
General Expenses
and
Administrative
1 297 45 463 -
3 355 97 578
Interest on Term Loans* Passive Infrastructure Charges Others ` 5,09,638 (Previous year ` 45,14,318) Less: Capitalised during the year Closing Balance