Financial Statement Of Bharti Airtel Ltd.

Balance sheet
  Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06

Sources of funds
Owner's fund

Equity share capital 1,898.77 1,898.24 1,897.91 1,895.93 1,893.88

Share application money 186.09 116.22 57.63 30.00 12.13

Preference share capital - - - - -

Reserves & surplus 34,652.32 25,627.38 18,283.82 9,515.21 5,437.42

Loan funds
Secured loans 39.43 51.73 52.42 266.45 2,863.37

Unsecured loans 4,999.49 7,661.92 6,517.92 5,044.36 1,932.92

Total 41,776.10 35,355.48 26,809.71 16,751.95 12,139.72

Uses of funds
Fixed assets

Gross block 44,212.53 37,266.70 28,115.65 26,509.93 17,951.74

Less : revaluation reserve - 2.13 2.13 2.13 2.13

Less : accumulated depreciation 16,187.56 12,253.34 9,085.00 7,204.30 4,944.86

Net block 28,024.96 25,011.23 19,028.52 19,303.51 13,004.75

Capital work-in-progress 1,594.74 2,566.67 2,751.08 2,375.82 2,341.25

Investments 15,773.32 11,777.76 10,952.85 705.82 719.70

Net current assets

Current assets, loans & advances 9,225.08 10,466.63 8,439.38 5,406.81 3,338.88

Less : current liabilities & provisions 12,842.00 14,466.89 14,362.33 11,042.67 7,272.80

Total net current assets -3,616.92 -4,000.26 -5,922.95 -5,635.86 -3,933.92

Miscellaneous expenses not written - 0.09 0.20 2.66 7.94

Total 41,776.10 35,355.48 26,809.71 16,751.95 12,139.72

Notes:
  Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06

Book value of unquoted investments 11,619.95 9,898.56 9,379.62 580.43 476.52

Market value of quoted investments 4,216.67 1,887.76 1,574.29 125.85 243.99

Contingent liabilities 3,921.50 4,104.25 7,140.59 7,615.04 4,740.34

Number of equity sharesoutstanding (Lacs) 37975.30 18982.40 18979.07 18959.34 18938.79

Profit loss account

  Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06

Income
Operating income 35,609.54 34,048.32 25,761.11 17,851.61 11,259.12

Expenses
Material consumed 20.32 12.41 33.85 22.08 67.40

Manufacturing expenses  11,882.41 8,627.13 7,339.01 5,017.27 3,299.73

Personnel expenses 1,437.13 1,397.54 1,297.88 1,076.95 734.20

Selling expenses 2,404.91 2,210.43 1,842.51 1,126.34 804.15

Adminstrative expenses 6,012.98 8,608.03 4,588.53 3,351.31 2,315.91

Expenses capitalised - - - - -

Cost of sales 21,757.75 20,855.54 15,101.78 10,593.96 7,221.40

Operating profit 13,851.79 13,192.78 10,659.34 7,257.65 4,037.72

Other recurring income 89.73 235.99 266.91 101.70 40.75

Adjusted PBDIT 13,941.52 13,428.77 10,926.24 7,359.35 4,078.47

Financial expenses -855.65 434.16 393.43 282.07 236.81

Depreciation  3,890.08 3,206.28 3,166.58 2,353.30 1,432.34

Other write offs 207.84 178.82 266.07 137.80 127.39

Adjusted PBT 10,699.25 9,609.50 7,100.16 4,586.17 2,281.93

Tax charges  1,273.09 321.78 632.43 566.79 273.68

Adjusted PAT 9,426.15 9,287.72 6,467.73 4,019.39 2,008.25

Non recurring items - -1,497.74 -162.87 3.92 -13.81

Other non cash adjustments - -46.15 -60.67 9.92 17.64

  Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06

Reported net profit 9,426.15 7,743.84 6,244.19 4,033.23 2,012.08

Earnigs before appropriation 27,928.98 19,541.05 11,778.12 5,489.61 1,225.65

Equity dividend 379.79 379.65 - - -

Preference dividend - - - - -

Dividend tax 64.54 64.52 - - -

Retained earnings 27,484.65 19,096.89 11,778.12 5,489.61 1,225.65

Cash flow
  Mar ' 10 Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06

Profit before tax 10,699.25 8,161.54 6,972.54 4,601.37 2,285.80

Net cashflow-operating activity 12,692.63 11,853.15 10,459.85 8,107.95 4,547.20

Net cash used in investing activity -10,601.66 -10,894.38 -11,648.41 -7,975.05 -5,000.26

Netcash used in fin. activity -2,539.32 -672.00 898.03 340.13 376.35

Net inc/dec in cash and equivlnt -448.35 286.77 -290.53 473.03 -76.71

Cash and equivalnt begin of year 789.88 503.31 793.47 307.43 384.14

Cash and equivalnt end of year 341.53 790.08 502.94 780.46 307.43