Airtel 2015 Annual Report Download - page 284

Transformational Network
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282 Annual Report 2015-16
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provision is presented in the income statement net
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provisions are discounted using a current pre-
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b. Contingencies
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business combination. Contingent assets are
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income is virtually certain, then the related asset
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c. Asset Retirement Obligation
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the lease period to restore the leased premises in
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the discount is recognised in the income statement
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adjusted as appropriate. Changes in the estimated
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Estimates and Assumptions
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assumptions and estimates could result in outcomes
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Accounting Policies
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a) Arrangement Containing Lease
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b) Revenue Recognition and Presentation
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obligation basis pricing latitude and exposure to
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concluded that in certain geographies its revenue
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in the transaction.
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supplies received and services availed. Accordingly,
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policies) have been accounted under Property, Plant
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d) Determination of Functional Currency
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