Airtel 2015 Annual Report Download - page 319

Download and view the complete annual report

Please find page 319 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.

Page out of 360

  • 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
NotesWRFRQVROLGDWHGnjQDQFLDOVWDWHPHQWV
317
Consolidated Financial Statements (IFRS)
02-39 | Corporate Overview Financial Statements40-125 | Statutory Reports
126-355
$IULFD2SHUDWLRQV$FTXLVLWLRQ5HODWHG%RUURZLQJ
/RDQV RXWVWDQGLQJ DV DW WKH EDODQFH VKHHW GDWH LQFOXGHV
FHUWDLQ ORDQV ZKLFK KDYH EHHQ WDNHQ WR UHnjQDQFH WKH
$IULFD RSHUDWLRQV DFTXLVLWLRQ UHODWHG ERUURZLQJ 7KHVH
loan agreements contain a negative pledge covenant that
SUHYHQWV WKH *URXS H[FOXGLQJ $LUWHO %DQJODGHVK /LPLWHG
%KDUWL $LUWHO $IULFD %9 %KDUWL ,QIUDWHO /LPLWHG DQG WKHLU
UHVSHFWLYHVXEVLGLDULHVWRFUHDWHRUDOORZWRH[LVWDQ\VHFXULW\
LQWHUHVWRQDQ\RILWVDVVHWVZLWKRXWSULRUZULWWHQFRQVHQWRI
the majority lenders except in certain agreed circumstances.
7KH(XUR1RWHVGXHLQDQG86'1RWHVGXHLQ
LVVXHG E\ %$,1 FRQWDLQ FHUWDLQ FRYHQDQWV UHODWLQJ WR
limitation on indebtedness and all notes carry a restriction on
LQFXUUHQFHRIDQ\OLHQRQLWVDVVHWVRWKHUWKDQDVSHUPLWWHG
XQGHUWKHDJUHHPHQWXQOHVVDQHNjHFWLYHSURYLVLRQLVPDGH
WR VHFXUH WKH 1RWHV DQG JXDUDQWHH HTXDOO\ DQG UDWDEO\
ZLWK VXFK LQGHEWHGQHVV IRU VR ORQJ DV VXFK LQGHEWHGQHVV
LVVR VHFXUHGE\VXFKOLHQ 7KHOLPLWDWLRQRQ LQGHEWHGQHVV
FRYHQDQWRQ(XUR1RWHVGXHDQG86'1RWHVGXH
JHWV VXVSHQGHG RQ 1RWHV PHHWLQJ FHUWDLQ DJUHHG FULWHULD
7KH GHEW FRYHQDQWV UHPDLQHG VXVSHQGHG DV RI WKH GDWH
RI WKH DXWKRULVDWLRQ RI WKH njQDQFLDO VWDWHPHQWV 7KH RWKHU
notes issued do not carry any restrictions on the limitation
on indebtedness.
26.9 Unused Lines of Credit *
(` Millions)
Particulars As of
March 31, 2016
As of
March 31, 2015
Secured  
Unsecured  
Total Unused lines of credit 176,908 180,975
* Excluding non fund based facilities.
27. Deferred Payment Liability
 'XULQJWKH\HDUHQGHG0DUFKDQGWKH*URXSKDGZRQWKHDXFWLRQIRUVSHFWUXPDJJUHJDWLQJWR
0K]7KH*URXSKDVRSWHGIRUGHIHUUHGSD\PHQWLQFHUWDLQFLUFOHVIRUDVSHFLnjHGSRUWLRQRIWKHDXFWLRQSULFHZKHUHE\
LWLVSD\DEOHLQHTXDOLQVWDOOPHQWVLQFOXGLQJWKHUHODWHGLQWHUHVWDIWHUDQLQLWLDOPRUDWRULXPSHULRGRIWZR\HDUV$V
RI0DUFKWKH*RYHUQPHQWRI,QGLDKDVDOORWWHG0+]VSHFWUXPWRWKH*URXS0DUFK
0+]DFFRUGLQJO\WKH*URXSKDVUHFRJQLVHGGHIHUUHGSD\PHQWOLDELOLW\LQFOXGLQJDFFUXHGLQWHUHVWWKHUHWRWRZDUGV
WKHVDPHIRURI`0Q0DUFK`)XUWKHUSHQGLQJWKHDOORFDWLRQRIEDODQFHVSHFWUXPE\
*2,DQDPRXQWRI`0Q0DUFK0QKDVEHHQGLVFORVHGXQGHUFDSLWDOFRPPLWPHQWLQWKH
QRWHVWRWKHFRQVROLGDWHGnjQDQFLDOVWDWHPHQWV
28. Provisions
(` Millions)
Particulars (PSOR\HHEHQHǂWV Asset retirement
obligation*
Total
As of March 31, 2014 3,426 8,343 11,769
2IZKLFKFXUUHQW  
Provision during the year 734 44 778
Remeasurement losses
accounted for in OCI (75) - (75)
Payment during the year (498) - (498)
Interest charge - 416 416
Derecognised due to sale
(refer Note 43) - (20) (20)
&ODVVLǟHGDVKHOGIRUVDOH
(refer Note 43) -  
As of March 31, 2015 3,587 4,722 8,309
2IZKLFKFXUUHQW  
Provision during the year 925 175 
Remeasurement losses
accounted for in OCI 129 - 129
Payment during the year (719) - (719)
Interest charge - 286 286