Airtel 2015 Annual Report Download - page 230

Transformational Network
NotesWRFRQVROLGDWHGnjQDQFLDOVWDWHPHQWV
228 Annual Report 2015-16
27. Commitments and Contingent Liabilities
(i) Commitments
a. Capital commitments
(` Millions)
Particulars As of
March 31, 2016
As of
March 31, 2015
Contracts placed for future capital expenditure not provided for in
WKHǟQDQFLDOVWDWHPHQWVUHIHUQRWHD 74,061 343,859
7KHDERYHLQFOXGHV` 0QDVRI0DUFK`0QDVRI0DUFKSHUWDLQLQJWRFHUWDLQ
RXWVRXUFLQJ DJUHHPHQWV XQGHU ZKLFK WKH YHQGRU VXSSOLHV DVVHWV DV ZHOO DV VHUYLFHV WR WKH *URXS 7KH DPRXQW
UHSUHVHQWVWRWDOPLQLPXPFRPPLWPHQWRYHUWKHXQH[SLUHGSHULRGRIWKHFRQWUDFWVXSWRnjYH\HDUVIURPWKHUHSRUWLQJ
GDWHVLQFHLWLVQRWSRVVLEOHIRUWKH*URXSWRGHWHUPLQHDOORFDWLRQEHWZHHQDVVHWVDQGVHUYLFHVWREHSURYLGHGRYHU
WKHXQH[SLUHG SHULRG RIWKHFRQWUDFW+RZHYHUWKH DFWXDOFKDUJHVSD\PHQWVPD\H[FHHGWKH DERYHPHQWLRQHG
PLQLPXPFRPPLWPHQWEDVHGRQWKHWHUPVRIWKHDJUHHPHQWV
,QDGGLWLRQWRWKHDERYHWKH*URXSšVVKDUHRIMRLQWYHQWXUHVDQGDVVRFLDWHVFDSLWDOFRPPLWPHQWVLV`0QDQG
` 0QDVRI0DUFKDQG0DUFKUHVSHFWLYHO\
b. Guarantees
(` Millions)
Particulars As of
March 31, 2016
As of
March 31, 2015
Financial bank guarantees* 106,255 109,395
Guarantees to third parties - 3,130
* The Company has issued corporate guarantees of ` 4,152 Mn and ` 3,365 Mn as of March 31, 2016 and March 31, 2015 respectively, to banks
DQGǟQDQFLDOLQVWLWXWLRQVIRULVVXLQJEDQNJXDUDQWHHVRQEHKDOIRIWKH*URXSFRPSDQLHVDWQRFRVWWRWKHODWWHU
$OVRLWLQFOXGHVFHUWDLQǟQDQFLDOEDQNJXDUDQWHHVZKLFKKDYHEHHQJLYHQIRUVXEMXGLFHPDWWHUVDQGLQFRPSOLDQFH
with licensing conditions, the amount with respect to these have been disclosed under capital commitments,
FRQWLQJHQFLHVDQGǟQDQFLDOOLDELOLWLHVDVDSSOLFDEOHLQFRPSOLDQFHZLWKWKHDSSOLFDEOHDFFRXQWLQJVWDQGDUGV
(ii) Contingencies
(` Millions)
Particulars As of
March 31, 2016
As of
March 31, 2015
(i) Taxes, Duties and Other demands
(under adjudication / appeal / dispute)
-Sales tax and Service Tax 40,214 38,225
-Income Tax 19,746 20,130
-Customs Duty 6,601 6,136
-Entry Tax 8,201 6,957
-Stamp Duty 596 603
-Municipal Taxes 1,114 863
-DoT demands * 5,273 5,020
-Other miscellaneous demands 7,105 2,133
(ii) Claims under legal cases including arbitration matters
-Access Charges / Port Charges 8,761 7,443
-Others 4,370 5,703
Total 101,981 93,213
LQDGGLWLRQUHIHU1RWHIYIYLIYLLDQGIYLLLEHORZIRURWKHU'R7PDWWHUV