MARATHA MANDIR BABASAHEB GAWADE INSTITUTION OF MANAGEMENT

STUDIES
MMS SEMESTER II
SUBJECT ANALYSIS OF FINANCIAL STATEMENT

NAME

ROLL NO

Omkar K.

A-12

Rakesh k.

A-13

Dipika K.

A-14

Hitesh k.

A-16

Neha K.

A-17

Jagruti K.

A-18

AIRTEL
COMPARATIVE BALANCE SHEET FOR THE YEAR ENDED 31ST MARCH 2013
In (Millions)
Particulars

In (Millions)

As at 31st March, 2012

As at 31st March,2013

Inc/dec

% (per)

EQUITY & LIABILITY

SHARHOLDERS FUNDS
Share Capital
Reserves & Surplus

18,988.00

18,988.00

0.00

0.00%

475,308.00

522,474.00

47,166.00

9.92%

494,296.00

541,462.00

47,166.00

9.54%

82,338.00

98,408.00

16,070.00

19.52%

8367

11503

3,136.00

37.48%

25,184.00

31,708.00

6,524.00

25.91%

NON-CURRENT LIABILITIES
Long Term Borrowings
Defferd Tax Liabilities
Other Long Term Liabilities
Long Term Provisions
CURRENT LIABILITIES
Short Term Borrowings
Trade Payables
Other Current Liabilities
Short Term Provisions
TOTAL

1,405.00

1494

89.00

6.33%

117,294.00

143,113.00

25,819.00

22.01%

58,956.00

31390

-27,566.00

-46.76%

45121

51372

6,251.00

13.85%

82,000.00

106,034.00

24,034.00

29.31%

5,570.00

5,461.00

-109.00

-1.96%

191,647.00

194,257.00

2,610.00

1.36%

803,237.00

878,832.00

75,595.00

9.41%

263,782.00

264,362.00

580.00

0.22%

140626

167464

26,838.00

19.08%

ASSETS
NON CURRENT ASSETS
Fixed Assets
Tangible Assets
Intangible Assets
Capital Work In Progress
Intangible assets under development
Non Current Investments

9,230.00

10,308.00

1,078.00

11.68%

35,435.00

0.00

-35,435.00

-100.00%
129.74%

118,041.00

271,191.00

153,150.00

Long Term Loans and Advances

84,817.00

89,358.00

4,541.00

5.35%

Other non-current assets

10,924.00

14,111.00

3,187.00

29.17%

662,855.00

816,794.00

153,939.00

23.22%

5337

10800

5,463.00

102.36%
-93.46%

CURRENT ASSETS
Current Investments
Inventories

321

21

-300.00

21,345.00

22,468.00

1,123.00

5.26%

4,812.00

3,627.00

-1,185.00

-24.63%

Short Term Loans and Advances

98,047.00

14,133.00

-83,914.00

-85.59%

Other Current Assets

10,520.00

10,989.00

469.00

4.46%

140,382.00

62,038.00

-78,344.00

-55.81%

803,237.00

878,832.00

75,595.00

9.41%

Trade Receivables
Cash & Bank Balance

TOTAL

IDEA
COMPARATIVE BALANCE SHEET FOR THE YEAR ENDED 31ST MARCH 2013
In (Millions)
Particulars

In (Millions)

As at 31st March, 2012

As at 31st March,2013

Inc/dec

% (per)

EQUITY & LIABILITY

SHARHOLDERS FUNDS
Share Capital

33,088.45

33,143.22

54.77

0%

Reserves & Surplus

96,256.93

107,055.79

10,798.86

11%

129,345.38

140,199.01

10,853.63

8%
23%

NON-CURRENT LIABILITIES
Long Term Borrowings

86,121.56

105,743.96

19,622.40

Defferd Tax Liabilities

5527.39

10231.17

4,703.78

85%

Other Long Term Liabilities

1,389.63

8,266.48

6,876.85

495%

Long Term Provisions

1,389.63

2018.86

629.23

45%

99,302.96

126260.47

26,957.51

27%

15,260.14

7050.38

-8,209.76

-54%

Trade Payables

20964.91

24315.89

3,350.98

16%

Other Current Liabilities

44,903.86

45,201.05

297.19

1%

CURRENT LIABILITIES
Short Term Borrowings

Short Term Provisions

TOTAL

63.28

1,239.69

1,176.41

1859%

81,192.19

77,807.01

-3,385.18

-4%

309,840.53

344,266.49

34,425.96

11%

168,938.26

176,859.46

7,921.20

5%

ASSETS
NON CURRENT ASSETS
Fixed Assets
Tangible Assets
Intangible Assets

68494.31

82526

14,031.69

20%

Capital Work In Progress

6,332.73

8,434.25

2,101.52

33%

16,368.07

16,377.07

9.00

0%

Non Current Investments

Long Term Loans and Advances

25,824.03

30,018.68

4,194.65

16%

285,957.40

314,215.46

28,258.06

10%

9296

9,296.00

CURRENT ASSETS
Current Investments
Inventories

529.39

545.1

15.71

3%

Trade Receivables

8,075.54

9,156.79

1,081.25

13%

Cash & Bank Balance

1,341.90

1,157.36

-184.54

-14%

13,918.62

9,887.34

-4,031.28

-29%

Short Term Loans and Advances

Other Current Assets
TOTAL

17.68

8.44

-9.24

-52%

23883.13

30,051.03

6,167.90

26%

309840.53

344,266.49

34,425.96

11%

AIRTEL
COMPARATIVE PROFIT AND LOSS A/C FOR THE YEAR ENDED 31ST MARCH 2013
PARTICULARS

In (Millions)
In (Millions)
For the Year ended For the Year ended
31st March, 2012 31st March, 2013

Inc/dec

% (per)

INCOME
Revenue from operation

416,038.00
6247

453,509.00 37,471.00
14631 8,384.00

134%

422,285.00

468,140.00 45,855.00

11%

Access charges

58086
46942

74212 16,126.00
48815 1,873.00

28%

Lincense fees and spectrum charges

Other Income
TOTAL REVENUE

9%

EXPENSES

Cost of goods sold

4%

183

19

-164.00

Employee benefits expenses

13915

15113

1,198.00

9%

Power and fuel

29727

35699

5,972.00

20%

Rent

47,714.00

52,225.00

4,511.00

9%

Other expenses

82,702.00

92,424.00

9,722.00

12%

318,507.00 39,238.00
149,633.00 6,617.00

14%

TOTAL EXPENSES
PROFIT BEFORE FINANCE COST, DEPRECIATION, AMORTISATION, CHARITY & DONATION & TAXES
Finance cost

279,269.00
143,016.00

-90%

5%

13,962.00

16,523.00

2,561.00

18%

59160

68,267.00

9,107.00

15%

332

295.00

-37.00

-11%

69562

64,548.00

-5,014.00

-7%

-5227

-3,155.00

2,072.00

-40%

Current tax

14398

13604

-794.00

-6%

Deferred tax

3091

3136

45.00

1%

-6,337.00

-11%

Depreciation and amortisation expenses

Charity and donation
PROFIT BEFORE TAX
MAT credit
TAX EXPENSE

PROFIT FOR THE YEAR

57,300.00

50,963.00

IDEA
COMPARATIVE PROFIT AND LOSS A/C FOR THE YEAR ENDED 31ST MARCH 2013
PARTICULARS

In (Millions)
In (Millions)
For the Year ended For the Year ended
31st March, 2012 31st March, 2013

Inc/dec

% (per)

INCOME
Service Revenue

192,753.18

Other Income

470.15
TOTAL REVENUE

193,223.33

220,434.35 27,681.17
434.39
-35.76

14%

220,868.74

27,645.41

14%

-8%

OPERATING EXPENDITURE
Personnel Expenditure

8588.27

10038.3

1,450.03

17%

Network expenses and IT Outsourcing cost

56,592.56

63,551.95

6,959.39

12%

Lincense fees and WPC charges

23231.83

24752.5

1,520.67

7%

Roaming and Access charges

32789.75

40145.27

7,355.52

22%

Subscriber acquisition & servicing expenditure

20540.75

21324.32

783.57

4%

Advertisement and business promotion expenditure

4210.76

4535.61

324.85

8%

Administration and other expenses

4,132.04

4,956.29

824.25

20%

150,085.96

169,304.24

19,218.28

13%

43,128.37

51,564.50

8,436.13

20%

Finance & treasury charges (Net)

9,078.04

8,134.55

-943.49

-10%

Depreciation

20194.55

25,383.58

5,189.03

26%

TOTAL EXPENDITURE
PROFIT BEFORE FINANCE CHARGES, DEPRECIATION, AMORTISATION & TAXES

Amortisation of intangible assets

5433.16

5,159.99

-273.17

-5%

8422.62

12,886.38

4,463.76

53%

Provision for taxation- Current

1808.11

2,737.36

929.25

51%

Deffered

2657.24

4,703.79

2,046.55

77%

-1808.11

-2,737.36

-929.25

51%

5,765.38

8,182.59

2,417.21

42%

PROFIT BEFORE TAX

MAT credit
PROFIT AFTER TAX

Ratio Analysis
1.Current ratio = Current Assets
Current Liabilities

Idea

Airtel ltd

2. Quick Ratio = Quick Assets

Quick Liabilities
Airtel ltd

Idea

Year

Quick Ratio

Year

Quick Ratio

2012

1.37 : 1

2012

0.55 : 1

2013

0.74: 1

2013

0.55 : 1

3. Debt Equity Ratio = Long Term Debt

Proprietors Equity
Airtel ltd

Idea

Year

Proprietors Ratio

Year

Proprietors Ratio

2012

61.54

2012

41.75

2013

61.61

2013

40.73

4. Proprietors Ratio = Proprietors Funds

Total Assets
Airtel ltd

Idea

Year

Proprietors Ratio

Year

Proprietors Ratio

2012

61.54

2012

41.75

2013

61.61

2013

40.73

5. Gross Profit Ratio

Gross Profit Ratio = Gross Profit * 100
Sales
Airtel ltd

Idea
Gross Profit
Ratio

Year

2012

Year

Gross Profit Ratio

2012

14.72

2013

9.33

18.57

2013

14.65

6. Net Profit Ratio

Net Profit Ratio = Net Profit * 100

Sales
Airtel ltd

Idea

Year

Net Profit Ratio

Year

Net Profit Ratio

2012

13.5

2012

2.98

2013

10.89

2013

3.70

7. Return on Asset Ratio

Return on Asset Ratio = Net Profit before Tax
Total Assets

Airtel ltd

Idea

Year

Return on Asset Ratio

Year

Asset Turn Over Ratio

2012

0.086

2012

0.62

2013

0.073

2013

0.64

8.

Asset Turn Over Ratio

Asset Turn Over Ratio = Net Sales

Total Assets
Airtel ltd

Idea

Year

Asset Turn Over Ratio

Year

Asset Turn Over Ratio

2012

0.52

2012

0.62

2013

0.53

2013

0.64