CONSOLIDATED FINANCIAL STATEMENTS - BHARTI AIRTEL LIMITED

[AS PER US GENERALLY ACCEPTED ACCOUNTING PRACTICES (US GAAP)]

Schedule INDEX

1.00 Consolidated Balance Sheet

2.00 Consolidated Statements of Operations

3.00 Consolidated Statements of Cash Flows

4.00 Segmental Information 2007-08

5.00 Segmental Information 2008-09

6.00 Segmental Information 2009-10

7.00 Segmental Information Jan - Mar, 2010

 INDEX

Schedule 1.00

CONSOLIDATED FINANCIAL STATEMENTS - BHARTI AIRTEL LIMITED

Financial Statements per US GENERALLY ACCEPTED ACCOUNTING PRACTICES (US GAAP)
Consolidated Balance Sheet
As of As of As of
March 31, 2009 March 31, 2010 March 31, 2010
(Unaudited)
ASSETS (USD 000's)
Cash and cash equivalents 4 Rs. 11,144,746 Rs. 13,902,718 USD 307,991
Accounts receivable, net of allowances for doubtful debts 6 18,261,554 13,757,171 304,767
Unbilled receivables 10,266,472 10,577,895 234,335
Inventories 962,675 483,865 10,719
Short term investments 7 37,925,345 63,130,975 1,398,559
Deferred taxes on income 8,810,355 10,120,630 224,205
Derivative financial instruments 11,544,856 3,478,150 77,053
Restricted cash 5 84,288 99,097 2,195
Prepaid expenses and other current assets 8 29,956,572 21,329,303 472,514
Due from related parties 15,121,820 2,467,051 54,653
Total Current Assets 144,078,683 139,346,855 3,086,991
Property and equipment, net 10 409,135,672 443,807,977 9,831,812
Acquired intangible assets, net 12 13,309,500 15,904,441 352,336
Goodwill 11 27,054,057 36,770,573 814,590
Investment in joint ventures 9 127,727 171,832 3,807
Restricted cash, non-current 5 11,813 292,509 6,480
Other assets 15 10,230,013 10,113,558 224,049
Total Assets Rs. 603,947,465 Rs. 646,407,747 USD 14,320,065

LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities
Short-term borrowings and current portion of long-term debt 16 Rs. 64,807,794 Rs. 17,165,724 USD 380,277
Trade payables 18,770,942 21,372,381 473,468
Equipment supply payables 62,358,674 41,736,882 924,610
Accrued expenses 31,358,158 29,928,541 663,016
Unearned income 30,911,601 27,119,767 600,792
Unearned income - indefeasible right to use sales 291,511 291,511 6,458
Derivative financial instruments 498,919 662,306 14,672
Due to related parties 39,711 36,670 812
Other current liabilites 17 8,147,823 9,130,750 202,275
Deferred taxes on income 36 666,921 14,775
Total Current Liabilities 217,185,169 148,111,453 3,281,155
Long-term debt, net of current portion 19 53,992,506 47,452,539 1,051,230
Deferred taxes on income 7,556,121 11,329 251
Unearned income - indefeasible right to use sales 3,330,493 3,040,869 67,365
Other liabilities 21 7,234,067 5,603,591 124,139
Total Liabilities 289,298,356 204,219,781 4,524,141
Contingencies and commitments (Refer Note 27)
Equity
Stockholders' Equity
Common stock, par value Rs.5 per share 18,982,398 18,987,650 420,639
(5,000,000,000 equity shares authorized; and 3,796,479,592
and 3,797,530,096 outstanding shares par value Rs 5 per share
as of March 31, 2009 and March 31, 2010, respectively)
Subscription received in advance 2,932 - -
Additional paid in capital 74,102,816 97,740,781 2,165,281
Treasury stock (4,180,490 and 3,130,495 as of March 31, 2009
(107,364) (80,399) (1,781)
and March 31, 2010, respectively, at cost)
Retained earnings 210,663,499 297,247,474 6,585,013
Accumulated other comprehensive income 300,702 (196,913) (4,362)
Total Stockholders' Equity 303,944,983 413,698,593 9,116,720
Non controlling interest 10,704,126 28,489,373 631,134
Total Equity 314,649,109 442,187,966 9,747,854
Total Liabilities and Stockholders' Equity Rs. 603,947,465 Rs. 646,407,747 USD 14,320,065
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Schedule 2.00

CONSOLIDATED FINANCIAL STATEMENTS - BHARTI AIRTEL LIMITED

Financial Statements per US GENERALLY ACCEPTED ACCOUNTING PRACTICES (US GAAP)
Consolidated Statements of Operations

Year ended Year ended Three month Year ended Year ended
period ended
March 31, 2008 March 31, 2009 March 31, 2010 March 31, 2010 March 31, 2010
(Unaudited)
Revenues (USD 000's)
Services Rs. 269,002,633 Rs. 366,250,365 Rs. 98,859,093 Rs. 390,032,771 USD 8,640,513
Indefeasible right to use sales 436,299 1,597,547 1,303,512 5,214,047 115,508
Equipment 810,416 1,767,605 395,422 903,411 20,014
Total Revenues 270,249,348 369,615,517 100,558,027 396,150,229 8,776,035
Operating Expenses
Costs of services 152,551,259 213,504,317 61,425,912 237,591,876 5,263,444
Costs of equipment sales 660,727 1,448,038 342,711 715,149 15,843
Selling, general and administrative expenses 40,581,856 50,566,485 16,496,803 58,032,842 1,285,619
Pre-operating costs 117 - - - -
Total Operating Expenses 193,793,959 265,518,840 78,265,426 296,339,867 6,564,906
Operating Income 76,455,389 104,096,677 22,292,601 99,810,362 2,211,129

Interest income 1,713,207 16,005,273 5,029,723 18,215,788 403,540

Interest expense 4,053,699 27,617,939 3,193,026 12,433,786 275,449
Share of losses in joint ventures 917 713,154 (2,610) (292,265) (6,475)
Other income 23 2,740,479 1,522,019 456,236 1,274,677 28,238
Non operating expenses 317,416 219,920 2,629 181,323 4,017
Income Before Income Taxes 76,537,043 93,072,956 24,585,515 106,977,983 2,369,916
Income tax expense 14 8,378,110 6,614,632 3,451,324 13,958,115 309,218
Net Income Rs. 68,158,933 Rs. 86,458,324 Rs. 21,134,191 Rs. 93,019,868 USD 2,060,698

Net income attributable to non controlling interest 1,150,746 1,759,201 583,615 1,993,777 44,169
Net income attributable to Bharti 67,008,187 84,699,123 20,550,576 91,026,091 2,016,529
Net Income Rs. 68,158,933 Rs. 86,458,324 Rs. 21,134,191 Rs. 93,019,868 USD 2,060,698

Earnings per share

Basic Rs. 17.68 Rs. 22.34 Rs. 5.42 Rs. 24.00 USD 0.532
Diluted Rs. 17.65 Rs. 22.32 Rs. 5.42 Rs. 23.99 USD 0.531
Weighted average number of shares used in computing earnings per share
Weighted average number of common shares (in thousands) 3,789,713 3,791,881 3,793,748 3,793,054 3,793,054
Weighted average number of diluted shares (in thousands) 3,795,267 3,794,333 3,793,878 3,794,125 3,794,125

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Schedule 3.00

CONSOLIDATED FINANCIAL STATEMENTS - BHARTI AIRTEL LIMITED

Financial Statements per US GENERALLY ACCEPTED ACCOUNTING PRACTICES (US GAAP)
Consolidated Statements of Cash Flows
For the year ended

Year ended Year ended Three month period Year ended Year ended
March 31, 2008 March 31, 2009 ended March 31, 2010 March 31, 2010
March 31, 2010
(Unaudited)
(USD 000's)
Cash flows from operating activities
Net income Rs. 84,699,123 Rs. 84,699,123 Rs. 20,550,576 Rs. 91,026,091 USD 2,016,529
Adjustments to reconcile net income to net cash
provided by operating activities:
Depreciation and amortization 36,921,725 46,683,752 15,598,993 59,065,732 1,308,501
Deferred tax expense / (benefit) (35,844) (3,785,422) (1,418,191) (8,186,436) (181,357)
Share of losses in joint venture 917 713,154 (2,610) (292,265) (6,475)
Losses / (gain) on sale of property and equipment 64,827 8,794 264,604 454,136 10,061
Interest accreted on FCCBs 1,311 3,059 - 2,084 46
Stock based compensation 339,022 897,208 329,386 1,392,282 30,844
Unrealized fair value loss / (gain) on trading securities (5,803) (82,124) 345,265 (550,266) (12,190)
Gain on sale of short term investments (580,928) (2,592,369) (979,341) (1,879,763) (41,643)
Unrealized foreign exchange (gain)/ loss (net) 1,227,024 18,107,973 (3,782,917) (13,546,229) (300,094)
Provision for impairment of receivables and advances 3,239,667 3,694,538 447,205 5,054,957 111,984
Debt origination costs amortised 273,749 266,837 54,559 265,827 5,889
Fair value loss / (gain) on derivatives and other financial expenses (903,842) (11,054,143) 2,520,317 8,446,458 187,117
Minority interest 1,150,746 1,759,201 583,615 1,993,777 44,169
Indefeasible right to use sales (436,299) (1,597,547) (1,303,512) (5,214,047) (115,508)
Proceeds from Indefeasible right to use sales 100,536 1,306,036 1,205,500 4,822,000 106,823
Changes in assets and liabilities
Accounts receivable (6,937,840) (6,196,396) (662,264) 1,366,122 30,264
Inventories (230,153) 179,620 312,640 478,810 10,607
Unbilled receivables and other current assets (16,964,893) (3,690,228) (517,041) 6,554,830 145,211
Trade payables 1,825,618 338,356 (7,238,641) (520,082) (11,522)
Accrued expenses 5,817,683 11,815,296 834,469 (3,349,371) (74,200)
Unearned income and other current liabilities 11,417,869 7,082,913 (4,407,339) (3,544,644) (78,526)
Short term investments (45,439,680) 12,834,681 8,875,507 (22,775,601) (504,553)
Other non-current liabilities 556,901 794,895 (430,837) (1,792,804) (39,717)
Non-current assets (1,748,158) (6,306,248) (707,352) (112,683) (2,496)
Due to / from related parties, net 381,737 (15,449,208) 6,495,078 12,989,888 287,769
Net cash provided by operating activities 57,044,079 140,431,751 36,967,669 132,148,803 2,927,533

Cash flows from investing activities

Purchase of property and equipment (126,257,949) (145,129,470) (20,303,619) (101,693,604) (2,252,849)
Proceeds from sale of property and equipment 12,269,945 2,066,463 220,812 412,960 9,148
Acquisition of intangible assets (2,195,101) (1,248,686) (35,528) (602,379) (13,345)
Non-current investments 500,130 - (1) (1) -
Restricted cash 44,787 46,472 3,753 1,005 22
Sale/ (Purchase) of interest in joint venture (58,974) (20,200) - (90,000) (1,994)
Licence entry fees (455,902) (27,995) - - -
Proceeds from sale of stake in subsidiary 20,231,598 1,186,500 - - -
Cash paid for acquisition of subsidiaries, net of cash acquired - Tele (5,358,917) (166,818) (73,795) (1,635)
Cash paid for acquisition of subsidiaries, net of cash acquired - Warid - (1,164) (1,164) (26)
Net cash used in investing activities (101,280,383) (143,293,734) (20,115,747) (102,046,978) (2,260,679)

Cash flows from financing activities

Net movement in cash credit and bank overdraft 2,226,506 (2,297,182) 190,631 (1,730,965) (38,347)
Proceeds from issuance of short-term borrowings 2,229,463 7,608,535 4,238,080 15,874,551 351,674
Repayment of short-term borrowings (1,954,094) (2,229,463) (3,000,170) (17,357,949) (384,536)
Proceeds from issuance of long-term borrowings 50,661,646 18,318,905 - 8,138 180
Repayment of long-term borrowings (9,673,161) (14,394,218) (9,455,774) (19,859,828) (439,960)
Subscription received in advance 12,318 - (39,013) (2,932) (65)
Proceeds from exercise of stock options 199,280 198,278 77,753 194,348 4,305
Cash paid by minority to acquire rights, increase in minority share - 154,938 - - -
Dividend Paid (4,442,114) (98,407)
Cash paid for debt issue costs (152,290) (130,058) - (27,102) (600)
Net cash provided by financing activities 43,549,668 7,229,735 (7,988,493) (27,343,853) (605,756)
Net (decrease) / increase in cash and cash equivalents
during the period (686,636) 4,367,750 8,863,429 2,757,972 61,098
Add : Balance as at the beginning of the period 7,463,632 6,776,996 5,039,289 11,144,746 246,893
Balance as at the end of the period Rs. 6,776,996 Rs. 11,144,746 Rs. 13,902,718 Rs. 13,902,718 USD 307,991
INDEX

Schedule 4.00

CONSOLIDATED FINANCIAL STATEMENTS - BHARTI AIRTEL LIMITED

Segmental Information 2007-08

Description Mobile Services Telemedia Services Enterprise Services Enterprise Services Passive Others Eliminations Consolidated
(formerly Broadband Carriers Corporates Infrastructure
and Telephone Services
Services)

Revenue from external customers Rs. 211,682,946 Rs. 27,280,060 Rs. 20,655,980 Rs. 9,855,105 Rs. 775,257 Rs. - Rs. - Rs. 270,249,348
Inter segment revenue 6,177,226 1,204,345 22,512,932 3,362,085 5,248,164 2,430,981 (40,935,733) -
Total revenues Rs. 217,860,172 Rs. 28,484,405 Rs. 43,168,912 Rs. 13,217,190 Rs. 6,023,421 Rs. 2,430,981 Rs. (40,935,733) Rs. 270,249,348

Segment result Rs. 58,168,444 Rs. 5,920,354 Rs. 10,891,493 Rs. 5,045,731 Rs. 987,070 Rs. (4,305,367) Rs. (569,752) Rs. 76,137,973

Share of profits in Joint Ventures (6,967) - 3,959 - (500) 2,591 - (917)

Interest income (net) 2,211,387 (372,538) 236,474 106,013 (18,446) (449,683) - 1,713,207
Interest expense (net) (3,227,308) (24,419) (13,651) (7,371) (140,714) (640,236) - (4,053,699)
Other income 1,490,900 210,072 606,239 83,740 111 48,551 300,866 2,740,479

Earnings before taxation Rs. 58,636,456 Rs. 5,733,469 Rs. 11,724,514 Rs. 5,228,113 Rs. 827,521 Rs. (5,344,144) Rs. (268,886) Rs. 76,537,043

Income tax (expense) / income Rs. (6,396,158) Rs. (625,415) Rs. (570,290) Rs. (1,278,927) Rs. (90,267) Rs. 582,947 Rs. - Rs. (8,378,110)
Minority interest (1,211,946) - - - - 61,200 - (1,150,746)

Net profit/(loss) 51,028,352 5,108,054 11,154,224 3,949,186 737,254 (4,699,997) (268,886) 67,008,187

Segment assets 290,052,556 45,228,112 101,679,626 22,592,225 212,982,800 28,866,781 (228,758,635) 472,643,465

Segment liabilities Rs. 159,040,569 Rs. 41,433,736 Rs. 62,641,558 Rs. 9,567,465 Rs. 134,351,670 Rs. 69,342,563 Rs. (229,332,498) Rs. 247,045,063

Other segment items

Period capital expenditure Rs. (78,684,785) Rs. (9,946,968) Rs. (18,472,310) Rs. (4,746,919) Rs. (37,842,201) Rs. (1,175,227) Rs. (532,942) Rs. (151,401,352)
Investment in Joint Ventures 69,811 - - - - 38,005 - 107,816
Depreciation and Amortisation (27,310,748) (5,487,037) (3,418,232) (1,077,551) (1,249,282) (329,728) 1,611,831 (37,260,747)
Donation (249) (11) (219) - - (316,937) - (317,416)
Preoperative expenses - - - - (117) - - (117)
Deferred Tax (Expense) / Benefit 27,365 2,676 2,440 5,472 386 (2,494) - 35,845
Foreign Exchange Gain / Loss
(Unrealized), net 648,107 10,600 (14,896) 91,019 - (1,961,854) - (1,227,024)

Note: Any discrepancies in the table between totals and sum of the amounts listed are due to rounding off.
INDEX

Schedule 5.00

CONSOLIDATED FINANCIAL STATEMENTS - BHARTI AIRTEL LIMITED

Segmental Information 2008-09

Description Mobile Services Telemedia Services Enterprise Services Enterprise Services Passive Others Eliminations Consolidated
(formerly Broadband Carriers Corporates Infrastructure
and Telephone Services
Services)

Revenue from external customers Rs. 295,357,202 Rs. 31,321,480 Rs. 22,013,208 Rs. 12,921,763 Rs. 7,944,366 Rs. 57,498 Rs. - Rs. 369,615,517
Inter segment revenue 8,243,852 2,195,942 45,924,129 4,022,921 34,545,058 3,553,881 (98,485,784) -
Total revenues Rs. 303,601,054 Rs. 33,517,422 Rs. 67,937,337 Rs. 16,944,684 Rs. 42,489,424 Rs. 3,611,379 Rs. (98,485,784) Rs. 369,615,517

Segment result Rs. 67,807,991 Rs. 8,135,154 Rs. 25,766,361 Rs. 5,912,394 Rs. 3,655,131 Rs. (7,013,997) Rs. (386,277) Rs. 103,876,757

Share of profits in Joint Ventures (7,765) - - - (712,865) 7,476 - (713,154)

Interest income (net) 8,097,930 1,385,912 (292,216) 17,500 1,746,404 5,530,291 (480,548) 16,005,273
Interest expense (net) (17,127,114) (159,092) (2,309,014) (35,950) (637,078) (7,830,239) 480,548 (27,617,939)
Other income 739,026 60,247 302,279 42,584 11,266 371,900 (5,283) 1,522,019

Earnings before taxation Rs. 59,510,068 Rs. 9,422,221 Rs. 23,467,410 Rs. 5,936,528 Rs. 4,062,858 Rs. (8,934,569) Rs. (391,560) Rs. 93,072,956

Income tax (expense) / income Rs. (3,314,452) Rs. (482,689) Rs. (312,531) Rs. (1,202,208) Rs. (1,760,459) Rs. 457,707 Rs. - Rs. (6,614,632)
Minority interest (1,586,682) - - - (172,519) - - (1,759,201)

Net profit/(loss) 54,608,932 8,939,530 23,154,881 4,734,320 2,129,880 (8,476,860) (391,560) 84,699,123

Segment assets 398,210,386 67,939,641 150,244,957 31,651,168 164,612,490 65,268,823 (273,980,000) 603,947,465

Segment liabilities Rs. 205,042,110 Rs. 54,561,058 Rs. 87,648,407 Rs. 12,627,614 Rs. 82,376,732 Rs. 115,519,566 Rs. (268,477,132) Rs. 289,298,356

Other segment items

Period capital expenditure Rs. (69,580,162) Rs. (13,212,239) Rs. (19,188,746) Rs. (1,317,063) Rs. (35,914,810) Rs. (5,044,419) Rs. (4,407,379) Rs. (148,664,818)
Investment in Joint Ventures 63,951 - - - - 63,776 - 127,727
Depreciation and Amortisation (26,241,070) (6,072,590) (4,407,731) (1,656,452) (11,366,136) (625,925) 2,788,944 (47,580,960)
Donation (566) - (200) - (209) (218,945) - (219,920)
Preoperative expenses - - - - - - - -
Deferred Tax (Expense) / Benefit (401,885) - 11,984 - 1,237,562 (4,415,780) (217,303) (3,785,422)
Foreign Exchange Gain / Loss
(Unrealized), net (10,718,372) (37,294) (938,708) (24,015) - (6,389,584) - (18,107,973)

Note: Any discrepancies in the table between totals and sum of the amounts listed are due to rounding off.

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Schedule 6.00

Consolidated Financial Statements Bharti Airtel Limited

Segmental Information 2009-10

Description Mobile Services Telemedia Services Enterprise Services Passive Others Eliminations Consolidated Consolidated
(formerly Broadband Infrastructure (Unaudited)
and Telephone Services (USD 000's)
Services)

Revenue from external customers Rs. 317,758,179 Rs. 32,162,446 Rs. 30,048,228 Rs. 13,341,412 Rs. 2,839,964 Rs. - Rs. 396,150,229 USD 8,776,035
Inter segment revenue 7,113,376 1,991,608 53,549,245 22,083,987 2,985,349 (87,723,565) - -
Total revenues Rs. 324,871,555 Rs. 34,154,054 Rs. 83,597,473 Rs. 35,425,399 Rs. 5,825,313 Rs. (87,723,565) Rs. 396,150,229 USD 8,776,035

Segment result Rs. 68,550,921 Rs. 7,529,635 Rs. 33,984,768 Rs. 2,638,453 Rs. (13,160,192) Rs. 85,456 Rs. 99,629,041 USD 2,207,112

Share of profits / (loss) in Joint Ventures (72) (45,824) - 338,161 - - 292,265 6,475
Interest income (net) 2,615,031 86,505 1,510,484 1,474,794 12,810,307 (281,335) 18,215,786 403,540
Interest expense (net) (3,172,608) (921,878) (71,250) (952,970) (7,596,415) 281,335 (12,433,786) (275,449)
Other income 856,743 40,371 516,276 40,619 34,444 (213,776) 1,274,677 28,238

Earnings before taxation Rs. 68,850,015 Rs. 6,688,809 Rs. 35,940,278 Rs. 3,539,057 Rs. (7,911,856) Rs. (128,320) Rs. 106,977,983 USD 2,369,916

Income Tax (Expense) / Income Rs. (8,785,229) Rs. (791,405) Rs. (4,178,461) Rs. (1,148,092) Rs. 945,072 Rs. - Rs. (13,958,115) USD (309,218)
Net income attributable to noncontrolling
interest (1,879,759) - - (181,628) 67,610 - (1,993,777) (44,169)

Net income attributable to Bharti Airtel 58,185,027 5,897,404 31,761,816 2,209,339 (6,899,175) (128,320) 91,026,091 2,016,527

Segment assets 483,265,030 66,560,959 216,082,730 162,096,804 106,873,574 (388,471,350) 646,407,747 14,320,065

Segment liabilities Rs. 220,091,264 Rs. 46,447,425 Rs. 99,240,017 Rs. 44,980,290 Rs. 166,829,017 Rs. (373,368,230) Rs. 204,219,783 USD 4,524,142

Other segment items

Period capital expenditure Rs. (47,273,936) Rs. (9,252,569) Rs. (10,398,486) Rs. (17,217,612) Rs. (10,500,434) Rs. 128,320 Rs. (94,514,717) USD (2,093,813)
Investment in Joint Ventures 56,494 44,176 - - 71,163 - 171,833 3,807
Depreciation and Amortisation (32,638,836) (7,246,155) (7,165,357) (13,713,068) (3,115,440) 3,420,843 (60,458,013) (1,339,345)
Donation (54) - - (1,110) (180,159) - (181,323) (4,017)
Preoperative expenses - - - - - - - -
Deferred Tax (Expense) / Benefit 5,849,225 561,751 2,964,045 (517,759) (670,826) - 8,186,436 181,357
Foreign Exchange Gain / (Loss)
(Unrealized), net 2,234,712 46,125 1,152,195 - 10,113,196 - 13,546,228 300,094

Note: Any discrepancies in the table between totals and sum of the amounts listed are due to rounding off.

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Schedule 7.00

CONSOLIDATED FINANCIAL STATEMENTS - BHARTI AIRTEL LIMITED

Segmental Information 2009-10

Description Mobile Services Telemedia Services Enterprise Passive Others Eliminations Consolidated Consolidated
(formerly Broadband Services Infrastructure (Unaudited)
and Telephone Services (USD 000's)
Services)

Revenue from external customers Rs. 79,968,894 Rs. 7,959,976 Rs. 7,610,268 Rs. 3,759,975 Rs. 1,258,914 Rs. - Rs. 100,558,027 USD 2,227,692
Inter segment revenue 2,005,936 550,557 13,127,950 5,792,018 836,385 (22,312,846) - -
Total revenues Rs. 81,974,830 Rs. 8,510,533 Rs. 20,738,218 Rs. 9,551,993 Rs. 2,095,299 Rs. (22,312,846) Rs. 100,558,027 USD 2,227,692

Segment result Rs. 15,381,492 Rs. 1,811,420 Rs. 7,987,376 Rs. 1,004,915 Rs. (3,973,561) Rs. 78,330 Rs. 22,289,972 USD 493,796

Share of profits in Joint Ventures (1,696) (29,798) - 34,104 - - 2,610 58

Interest income (net) 504,651 14,130 387,594 265,937 3,945,763 (88,352) 5,029,723 111,425
Interest expense (net) (899,928) (178,905) (17,079) (134,926) (2,050,540) 88,352 (3,193,026) (70,736)
Other income 309,322 5,401 201,413 9,193 6,148 (75,241) 456,236 10,107

Earnings before taxation Rs. 15,293,841 Rs. 1,622,248 Rs. 8,559,304 Rs. 1,179,223 Rs. (2,072,190) Rs. 3,089 Rs. 24,585,515 USD 544,650

Income Tax (Expense) / Income Rs. (1,900,527) Rs. (224,056) Rs. (1,178,391) Rs. (442,131) Rs. 293,781 Rs. - Rs. (3,451,324) USD (76,458)
Net income attributable to non
controlling interest (594,505) - - (72,483) 83,373 - (583,615) (12,929)

Net income attributable to Bharti Airtel 12,798,808 1,398,192 7,380,913 664,610 (1,695,036) 3,089 20,550,576 455,263

Segment assets 483,265,030 66,560,959 216,082,730 162,096,804 106,873,574 (388,471,350) 646,407,747 14,320,065

Segment liabilities Rs. 220,091,264 Rs. 46,447,425 Rs. 99,240,017 Rs. 44,980,290 Rs. 166,829,017 Rs. (373,368,230) Rs. 204,219,783 USD 4,524,142

Other segment items

Period capital expenditure Rs. (13,461,832) Rs. (2,166,799) Rs. (1,993,201) Rs. (7,606,228) Rs. (1,349,965) Rs. (3,089) Rs. (26,581,114) USD (588,859)
Investment in Joint Ventures 56,494 44,176 - - 71,163 - 171,833 3,807
Depreciation and Amortisation (8,586,350) (1,890,410) (1,858,870) (3,501,634) (1,052,333) 961,219 (15,928,378) (352,866)
Donation (35) - - - (2,594) - (2,629) (58)
Preoperative expenses - - - - - - - -
Deferred Tax (Expense)/ Benefit 1,172,777 102,234 554,413 (267,912) (143,321) - 1,418,191 31,418
Foreign Exchange Gain / (Loss)
(Unrealized), net 59,504 2,909 333,126 - 3,387,377 - 3,782,916 83,804

Note: Any discrepancies in the table between totals and sum of the amounts listed are due to rounding off.

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