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56
Bharti Airtel Annual Report 2010-11
(` Millions)
Particulars As at
March 31, 2011
As at
March 31, 2010
SCHEDULE : 1
SHARE CAPITAL
Authorised
5,000,000,000 (March 31, 2010 - 5,000,000,000) 25,000 25,000
Equity shares of ` 5 each
Issued, Subscribed and Paid-up
3,797,530,096 of ` 5 each fully paid-up 18,988 18,988
(March 31, 2010 - 3,797,530,096 Equity Shares of ` 5 each)
(Refer Notes below) 18,988 18,988
Notes:
(a) 49,999,000 and 1,516,390,970 equity shares of ` 10 each issued as fully
paid-up bonus shares on February 24, 1997 and September 30, 2001
respectively out of Share Premium account.
(b) 21,474,527 Equity Shares of ` 10 each are allotted as fully paid-up upon the
conversion of Foreign Currency Convertible Bonds (FCCBs).
(c) 2,722,125 Equity Shares of ` 10 each are allotted as fully paid-up under the
Scheme of amalgamation without payments being received in cash.
(d) For Stock options outstanding details refer Note 20 on Schedule 20 and
Note 26 on Schedule 21.
SCHEDULE : 2
RESERVES AND SURPLUS
Securities Premium
Opening balance 40,533 40,147
Additions during the year 108 386
40,641 40,533
Revaluation reserve 21 21
Capital reserve 51 51
Reserve for Business Restructuring 24,912 24,912
Debenture Redemption reserve
Opening balance 97 135
Transferred to Profit and Loss Account during the year (65) (38)
32 97
General Reserve
Opening balance 13,124 6,000
Add: Adjustment on account of forfeiture of ESOP – 24
Less: Adjustment on account of exercise of stock options through open
market purchase
(59) –
Add: Trasferred from Profit and Loss Account 5,800 7,100
18,865 13,124
Profit and Loss Account
Balance as per Profit and Loss Account 334,820 267,785
419,342 346,523
Schedules Annexed to and forming part of Financial Statements