Airtel 2015 Annual Report Download - page 299
Download and view the complete annual report
Please find page 299 of the 2015 Airtel annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1
-
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
-
241
-
242
-
243
-
244
-
245
-
246
-
247
-
248
-
249
-
250
-
251
-
252
-
253
-
254
-
255
-
256
-
257
-
258
-
259
-
260
-
261
-
262
-
263
-
264
-
265
-
266
-
267
-
268
-
269
-
270
-
271
-
272
-
273
-
274
-
275
-
276
-
277
-
278
-
279
-
280
-
281
-
282
-
283
-
284
-
285
-
286
-
287
-
288
-
289
-
290
-
291
-
292
-
293
-
294
-
295
-
296
-
297
-
298
-
299
-
300
-
301
-
302
-
303
-
304
-
305
-
306
-
307
-
308
-
309
-
310
-
311
-
312
-
313
-
314
-
315
-
316
-
317
-
318
-
319
-
320
-
321
-
322
-
323
-
324
-
325
-
326
-
327
-
328
-
329
-
330
-
331
-
332
-
333
-
334
-
335
-
336
-
337
-
338
-
339
-
340
-
341
-
342
-
343
-
344
-
345
-
346
-
347
-
348
-
349
-
350
-
351
-
352
-
353
-
354
-
355
-
356
-
357
-
358
-
359
-
360
Bharti Airtel Limited
NotesWRFRQVROLGDWHGnjQDQFLDOVWDWHPHQWV
297
Consolidated Financial Statements (IFRS)
02-39 | Corporate Overview Financial Statements40-125 | Statutory Reports
126-355
7KHIDLUYDOXHRIRSWLRQVJUDQWHGZDVHVWLPDWHGRQWKHGDWHRIJUDQWDQGDWHDFKUHSRUWLQJGDWHIRUFDVKVHWWOHGVKDUHEDVHG
RSWLRQVXVLQJWKH%ODFN6FKROHV/DWWLFH0RQWH&DUOR6LPXODWLRQYDOXDWLRQPRGHOZLWKWKHIROORZLQJDVVXPSWLRQV
Particulars Year ended
March 31, 2016
Year ended
March 31, 2015
Risk free interest rates 6.86% to 7.87% 7.64% to 8.65%
Expected life 4 to 60 months 10 to 72 months
9RODWLOLW\ 26.63% to 37.23% 27.36% to 32.59%
Dividend yield 0.54% to 1.44% 0.46% to 0.6%
Wtd average share price on measurement date exluding Infratel (`) 350.9 to 411.7 373.7 to 393.9
Wtd average exercise price on measurement date exluding Infratel (`) 0 to 5 0 to 5
Wtd average share price on measurement date - Infratel (`)497.00 378.00
Wtd average exercise price on measurement date - Infratel (`)10.00 -
7KHH[SHFWHGOLIHRIWKHVKDUHRSWLRQLVEDVHGRQKLVWRULFDO
GDWDFXUUHQWH[SHFWDWLRQDQGQRWQHFHVVDULO\LQGLFDWLYHRI
H[HUFLVHSDWWHUQWKDWPD\RFFXU7KHYRODWLOLW\RIWKHRSWLRQV
LVEDVHGRQ WKH KLVWRULFDOYRODWLOLW\RI WKH VKDUH SULFHVLQFH
the respective entity’s equity shares became publicly traded.
%KDUWL,QIUDWHO/LPLWHGWKHVXEVLGLDU\RIWKH&RPSDQ\KDVLVVXHG
IUHVK HTXLW\ VKDUHV WR LWV HPSOR\HHV XQGHU WKH HTXLW\ VHWWOHG
VKDUHEDVHGFRPSHQVDWLRQSODQDQGKDVUHFHLYHGDQDPRXQWRI
`0Q0DUFK`0QUHVXOWLQJLQLQFUHDVHLQWKH
KROGLQJRIQRQFRQWUROOLQJVKDUHKROGHUVE\
9. Other Expenses
2WKHUH[SHQVHVFRPSULVHUHJXODWRU\OHYLHVDSSOLFDEOHWRnjQDQFHLQFRPHLQVRPHRIWKHJHRJUDSKLHV
10. Depreciation and Amortisation
(` Millions)
Particulars Notes Year ended
March 31, 2016
Year ended
March 31, 2015
Depreciation 14
Amortisation 15
Total 174,498 155,311