Airtel 2015 Annual Report Download - page 172

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170 Annual Report 2015-16
(` Millions)
Particulars
For the year ended
March 31, 2016
(Unaudited)
For the year ended
March 31, 2015
(Unaudited)
6WDWHPHQWRI3URǂWDQG/RVV
Revenue 69 38
(PSOR\HHEHQHǟWH[SHQVHV 26 22
Other expenses 30 7
Depreciation 2 1
3URǂWORVVEHIRUHWD[ 10 8
Tax Expense 0   
Loss for the year 11 8
42. Loans and advances in the nature of loans along with
maximum amount outstanding during the year as
per Para A of Schedule V of Securities and Exchange
Board of India (Listing obligations and disclosure
requirements) Regulations, 2015 are as follows:
(a) Loan and advance in the nature of loan given to Bharti
Telemedia Limited at nil interest rate is ` 32,289 Mn
(March 31, 2015 ` 33,395 Mn at nil interest rate).
(b) Loan and advance in the nature of loan given to Bharti
Airtel Lanka (Private) Limited at nil interest rate is ` Nil
(March 31, 2015 ` 11,047 Mn (LKR 25,916 Mn) at nil
interest rate)
(c) Loan and advance in the nature of loan given to Bharti
Airtel International (Netherlands) B.V at LIBOR + 1.25%
interest rate is ` 34,820 Mn (USD 506 Mn) (March 31,
2015 ` 32,047 Mn (USD 506 Mn) at LIBOR + 1.25%
interest rate).
(d) Loan and advance in the nature of loan given to
Telesonic Networks Limited at SBI base rate is ` 220
Mn (March 31, 2015 ` 90 Mn at SBI base rate).
(e) Loan and advance in the nature of loan given to Bharti
Teleports Limited at SBI base rate +1% interest rate is
` 488 Mn (March 31, 2015 ` 466 Mn at SBI base rate
+1% interest rate).
(f) Loan and advance in the nature of loan given to Bharti
International (Singapore) Pte Limited at LIBOR + 1.25%
interest rate is ` 9,656 Mn (USD 140 Mn) (March 31,
2015 ` 8,887 Mn (USD 140 Mn) at LIBOR + 1.25%
interest rate).
(g) Loan and advance in the nature of loan given to Nxtra
Data Limited at nil interest rate is ` 2,480 Mn (March
31, 2015 ` 2,000 Mn at nil interest rate).
(h) Loan and advance in the nature of loan given to Bharti
Airtel Services Limited at nil interest rate is ` 320 Mn
(March 31, 2015 ` 635 Mn at nil interest rate).
(i) Loan and advance in the nature of loan given to Airtel
Broadband Services Private Limited at nil interest rate
is ` Nil (March 31, 2015 ` 5,390 Mn at nil interest rate).
( j) Loan and advance in the nature of loan given to Wynk
Limited at nil interest rate is ` 40 Mn (March 31, 2015
` Nil at nil interest rate).
(k) Loan and advance in the nature of loan given to Augere
Wireless Broadband India Private Limited at 12%
interest rate is ` 49 Mn (March 31, 2015 ` Nil at nil
interest rate).
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Networks Limited at 9.8% interest rate is ` 5 Mn (March
31, 2015 ` Nil at nil interest rate).
(m) Loans and advance in the nature of loan given to Bharti
Airtel Employees Welfare Trust at nil interest rate is ` 516
Mn (March 31, 2015 ` 326 Mn at nil interest rate).
Refer note 47 for outstanding balance at the end of the year
for the above entities.