Airtel 2012 Annual Report Download - page 115

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BHARTI AIRTEL ANNUAL REPORT 2011-12
23. SHORT-TERM LOANS AND ADVANCES
Particulars As of As of
March 31, 2012 March 31, 2011
Unsecured, considered good unless stated otherwise
Loans and advances to related parties (refer note 45) 85,211 12,295
Advances recoverable in cash or kind
Considered good 9,749 9,197
Considered doubtful 1,140 421
Less: Provision for doubtful advances (1,140) 9,749 (421) 9,197
Balances with customs, excise and other authorities 3,141 3,930
Advance Tax [net of provision for tax of ` NIL - 42
(March 31, 2011 ` 63,337 Mn)]
98,101 25,464
(``
``
` Millions)
24. OTHER CURRENT ASSETS
Particulars As of As of
March 31, 2012 March 31, 2011
Unsecured, considered good, unless stated otherwise
Unbilled Revenue 8,866 9,859
Interest accured on loan given to related parties 1,324 26
Unamortised upfront fees and Deferred Premium 254 377
Others 76 5
10,520 10,267
(``
``
` Millions)
25. CONTINGENT LIABILITIES
(i) Total Guarantees outstanding as at March 31, 2012 amounting to ` 27,158 Mn (March 31, 2011 - ` 25,140 Mn) have been
issued by banks and financial institutions on behalf of the Company.
Corporate Guarantees outstanding as at March 31, 2012 amounting to ` 481,376 Mn (March 31, 2011 - ` 452,314 Mn)
have been given to banks, financial institutions and third parties on behalf of Group Companies at no cost to the latter.
(ii) Claims against the Company not acknowledged as debt (Excluding cases where the possibility of any outflow in settlement
is remote):