Airtel 2015 Annual Report Download - page 308

Transformational Network
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306 Annual Report 2015-16
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in discount rate shall equate the recoverable amount
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exceed the recoverable amount.
17. Investment in Associates, Joint ventures and
Subsidiaries
17.1 Investments accounted for using the equity
method
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(` Millions)
Particulars
As of
March 31,
2016
As of
March 31,
2015
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Associates - -
Total 55,817 46,257
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(` Millions)
Particulars
Year ended
March 31,
2016
Year ended
March 31,
2015
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Associates - (53)
Total 9,654 7,223
17.1.1 Investments in Joint Ventures
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Summarised Information on Statement of Financial Position
(` Millions)
Particulars As of
March 31, 2016
As of
March 31, 2015
Assets
Non Current Assets 241,432 243,926
Current Assets
Cash and cash Equivalents 753 533
Other Current Assets (Excluding cash and cash equivalents)  
Total Current Assets 18,309 19,401
Liabilities
Non Current Liabilities
Non Current Financial Liabilities (Other than trade and other payables
and provisions) - Loans and borrowings
 
Other Non Current Liabilities  
Total Non Current Liabilities 54,532 63,258
Current Liabilities
Current Financial Liabilities (Other than trade and other payables and
provisions) - Loans and borrowings
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Other Current Liabilities  
Total Current Liabilities 38,225 53,653
Equity  
Percentage of Group's ownership interest 42% 42%
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on consolidation (net of depreciation impact thereon `0Q
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