Airtel 2015 Annual Report Download - page 281

Bharti Airtel Limited
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279
Consolidated Financial Statements (IFRS)
02-39 | Corporate Overview Financial Statements40-125 | Statutory Reports
126-355
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periodic contributions.
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compensated absences based on the unavailed leave
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records liability based on actuarial valuation computed
under projected unit credit method.
3.17 Foreign Currency Transactions
a. Functional and Presentation Currency
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presented in Indian Rupees (‘`š ZKLFK LV WKH
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b. Transactions and Balances
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recorded by the Group entities at their respective
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the transaction.
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income.
c. Translation of Foreign Operations’ Financial
Statements
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prevailing at the reporting date and their income
statements are translated at average exchange
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other comprehensive income relating to that
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or loss.
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Adjustments
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and translated at the exchange rates prevailing
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other comprehensive income.
3.18 Revenue Recognition
Revenue is recognised to the extent that it is probable
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and the revenue can be reliably measured. Revenue
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as a principal or as an agent.
a. Service Revenues
Service revenues include amounts invoiced
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added services (‘VAS’). Service revenues also
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and international calls and data messaging services.
Service revenues are recognised as the services
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customers are recognised based on actual usage.
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over the estimated customer relationship period or
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revenue and related activation costs, not exceeding
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over the estimated customer relationship period.
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