CSR On Airtel

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INTRODUCTION:Bharti Airtel Limited formerly known as Bharti Tele-Ventures LTD (BTVL) is an Indian company offering telecommunication services in 18 countries.

It the largest cellular service provider in India, with more than 137 million subscriptionsas of June 2010. Bharti Airtel is the world's third largest, single-country mobile operator and fifth largest telecom operator in the world in terms of subscriber base. It also offers fixed line services and broadband services. It offers its telecom services under the Airtel brand and is headed by Sunil Bharti Mittal The company also provides land-line telephone services and broadband Internet access (DSL) in over 96 cities in India. It also acts as a carrier for national and international long distance communication services. The company has a submarine cable landing station at Chennai, which connects the submarine cable connecting Chennai and Singapore.

VISION AND PROMISE


By 2010 tel will be the most admired brand in India Loved by more customers Targeted by top talent Benchmarked by more businesses

MISSON
Company will meet the mobile communication needs of his customer through errorfree service delivery. Innovative products and services, Cost efficiency Unified messaging solution

INDUSTRY:Telecommunication

FOUNDED:7th July 1995

FOUNDER(S):Sunil Bharti Mital

HEADQUARTER:New Delhi, India

AREA SERVED:Asia &African Countries

ADDRESS :Bharti Cresent 1, Nelson Mandela Road, Vasant kunj New Delhi, Delhi-110070 Tel-011-46666100 011-46666500 Fax- 011-4666100 011-41666149 Email- [email protected] Website- http//www.airtel.com Group- Bharti Group

KEY PEOPLE:Sunil Bharti Mital (chairman&MD) Sanjay Kapoor (CEO) SHAMINI RAMALINGAM ( Director internal assurance of bharti airtel limited.)

S. ASOKAN (Executive director - supply chain) SRIKANTH BALA CHANDER (Chief financial officer ) ATUL BINDAL (President mobile services) JYOTI PAWAR ( Director legal and regulatory of bharti airtel limited) JOACHIM HORN (Executive director network services group)

PRODUCT:Wireless Telephone Internet Satellite Television

LIST OF COUNTRIES IN WHICH AIRTEL OPERATE:Bangladesh Burkina Faso Ghana India Kenya Malawi Sri Lanka Uganda Tanzania

HISTORY OF BHARTI AIRTEL:Each year of Airtels existence has been marked by historic and far reaching milestones including many firsts, all to which have been stepping stones to their success and performance. A brief history of the Companys major events is: 1995-96 Mobile services under the brand name Airtel launched for the first time in Delhi and Himachal Pradesh 1997-1998

The first private telecom service provider to obtain a license fro landline telephony in Madhya Pradesh Incorporation of Bharti BT VSAT Ltd. For providing VSAT solutions across India and Bharti BT Internet Ltd. 1999-2000 The larges private sector telecom operator in India after acquiring JT Mobile for providing cellular services in Punjab, Karnataka and Andhra Pradesh Acquires Skycell, Chennai and expands its south Indian foot print Singapore Telecommunications Ltd. (SingTel) acquires Telecom Italias equity stake in the Company. 2001-2002 India One, Indias first private sector national and international long distance service launched. Eastern foray through acquisition and new licenses for eight new circles across India .Indias first private submarine cable landing station in a joint venture with Singtel. Initial Public offering through Indias first 100% book-building issue. First private operator to offer basic telephone services in Haryana Delhi Tamil Nadu and Karnataka 2003-2004 Join the US $1 billion revenue club Strategic partnerships with IBM and Ericsson for outsourcing of the companys core IT and network activities. Acquires a controlling stake in Hexacom, the leading mobile operator in Rajasthan and holding a license to offer services in the North East. First private operator to launch mobile services in Jammu and Kashmir . Founding member of the Bridge Mobile Alliance, a consortium of seven leading mobile operators in the region. 2005-2006 All-India foot print with the launch of mobile services in Assam. Becomes Indias largest intergrated private operator based on the total customer base 2006-2008 Profit crosses US $ billion. Receives license for providing 2G and 3G mobile services in Srilanka Launch of Airtel Call Home service, a calling card service for various countries aimed at the Indian diaspora. Strategic partnership with Google, enabling search through mobile phones.Strategic tie-up with Microsoft and becomes the first telecom operator to offer Microsoft Windows Mobile 5.0 Facility Based operator license in Singapore, enabling the company to operate international carrier facilities from Singapore. Joins international consortia of leading telecom companies to build 3 high bandwidth submarine cables AAG,I-MEWE AND Unity. Receives US $ 1.275 billion investment from leading international

investors in Bharti Infratel, a subsidiary established with the aim to provide passive infrastructure services to all mobile services operators in India

GROUPS OF BHARTI AIRTEL:Bharti Airtel Bharti Teletech Bharti Del Monte India Bharti Axa General Insurance Bharti Axa Life Insurance Bharti Infratel Bharti Axa Investment Bharti Realty Bharti Retail

BRIEF PROFILE OF COMPETITIOR:Bharat Sanchar Nigam Limited:Bharat Sanchar Nigam Limited (BSNL) keeps most of India talking. The country's largest landline company provides local-exchange access and domestic longdistance services through a network of more than 46 million access lines covering most of India. (It does not provide service in Delhi and Mumbai.) Serving business and individual customers, it also offers GSM and CDMA-based wireless communications, satellite service, telegraph, data and Internet services, and managed network services. Cellular service CellOne has 55 million subscribers on a mostly 2G network. BSNL is one of two state-controlled telcos in India, along with Mahanagar Telephone Nigam Limited (MTNL), which serves Delhi and Mumbai.

Tata Communication Limited:Tata Communications Limited has a hold on the wholesale voice market in India and beyond. The company, which primarily provides international long-distance telephone service, owns and operates a network servicing more than 200 countries. It also offers network and data services to enterprises and supplies transmission backbone and data services to other telecommunications companies over one of the largest global IP networks. Outside of India, Tata Communications operates from offices in Australia, Europe, Hong Kong, North America, Russia, Singapore, and the United Arab Emirates. The company is part of Indian industrial conglomerate Tata Group.

Reliance Communication:Reliance Communications has a reliable, high-capacity, integrated (both wireless and wireline) and convergent (voice, data and video) digital network. It is capable of delivering a range of services spanning the entire info comm (information and communication) value chain, including infrastructure and services for enterprises as well as individuals, applications, and consulting. Today, Reliance Communications is revolutionising the way India communicates and networks, truly bringing about a new way of life

Idea Cellular Limited:Idea Cellular Limited was incorporated in 1995. The company is among the top four mobile telephony players in India with an 11 per cent all-India subscribers market share. More importantly, it ranks third in terms of wireless revenue market share at 13.6 per cent. Idea ranks second with 23.6-per cent revenue market share in nine service areas where it holds 900 MHz spectrum and which derive about 41 per cent of the industrys all-India revenues (based on gross revenues for UAS and Mobile lic

Idea has now launched 3G services in nine service areas and is committed to extending services into 10 new towns per day to progressively grow to cover 4,000 towns by the end of FY 2012.enses only, for March 2011 quarter, as released by TRAI) Idea has won numerous awards and is the only Indian GSM operator to win the prestigious GSM Association Award consecutively in the best mobile technology category for the Best Billing and Customer Care Solution both in 2006 and in 2007, even in the face of international competition.

BANKERS DETAILS:State Bank of India:State Bank of India, the countrys largest commercial bank, and bharti airtel, Indias largest telecommunications company they have entered into a joint Venture (JV) agreement to make available banking services to Indias unbanked millions. The newly formed entity, will harness the power of state bank's strengths and airtels mobile telephony to add value to the banking and financial services sector and empower millions of financially excluded in the country to enhance their livelihood and quality of life. The Joint Venture will become the Business Correspondent of SBI and offer banking products and services at affordable cost to the citizens in unbanked and other areas. Mr. Sunil Bharti Mittal, Chairman and Managing Director, Bharti airtel said, "This historic collaboration between SBI and airtel brings together two sectors that have made the most impact in addressing inclusive growth. The services offered by the JV will enable financial inclusion and economic empowerment for people across India. This will be a complete game changer, leveraging SBIs expertise in the banking sector along with airtels 150 million strong customer base and ecosystem of over 1.5 million retailers and distributors across India. Together, we will create a scalable operation that will address the banking requirements of millions of Indians through the mobile platform

HDFC Bank:Airtel Corporate connection (postpaid no 9818691553), which is also an eye-opener on the practices followed by this reputed corporate, the dadagiri they impose on customers; the sheer negligence on part of HDFC Bank in resolving net-banking issues and the unprofessional behavior of customer cares on both sides

Standard Chartered Bank:Standard Chartereds Connect N Save Account is a revolutionary product offering that helps you save upto 30%** on your Airtel mobile bills - Smarter Banking, Lighter Phone Bills!

HUMAN RESOURCE MANAGEMENT:HR Practices in Airtel. HR helps the organization to manage its human assets more strategically so that it can attain higher levels of performance and greater profitability. The HR manager assists employees in finding ways to increase productivity and to reinforce the organization's core competencies by teaching skills that contribute to organizational growth. Additionally, HR works to develop an environment that encourages affiliation, responsibility and commitment. Human Resource management functions:Analyses jobs and skills needed in the organization. Assesses, develops and implements policies, procedures and systems. Recruits and selects workers- Appraises performance. Rewards workers through the implementation of compensation systems. Designs and delivers training, development and educational programs for employees to provide the organization with the skilled resources it needs

There are two process in HRM:RECRUITMENT

Recruitment is the process concerned with the identification of sources from where the personnel can be employed and motivating them to offer them selves for employment. Werther and Davis have defined this as follows; Recruitment is the process of finding and attracting capable applicants for employment. The Process begins when new recruits are sought and ends when their applicants are submitted. The result is a pool of applicants from which new employees are selected. Lord has defined, Recruitment is a form of competition. Just as corporations compete to develop, manufacture, and market the best product or service, so they must also compete to identify, attract and hire the most qualified people. Recruitment is a business, and it is big business. Thus, recruitment process is concerned with the identification of possible sources of human resource supply and tapping those sources

SELECTION

Selection can be conceptualized in terms of either choosing the fit candidates, or rejecting the unfit candidates, or a combination of both. Selection involves both because it picks up the fits and rejects the unfits. In fact, in Indian context, there are more candidates who are rejected than those who are selected in most of the selected processes. Therefore, sometimes, it is called a negative process in contrast to positive program of recruitment. Stone has given a formal definition; Selection is the process of differentiating between applicants in order to identify (and hire) those with a greater likelihood of success in a job. Difference between Recruitment and Selection At this stage, it is worthwhile to understand difference between recruitment and selection as both these terms are often used together or sometimes inter changeably .Flippo described in the following statement: Recruitment is a process of searching for prospective employees and stimulating and encouraging them to apply for jobs in an organization. It is often termed positive in that it stimulates people to apply for jobs to increase the hiring ratio,

i.e., the number of applicants for a job. Selection, on the other hand, tends to be negative because it rejects a good number of those who apply, leaving only the best to be hired

GOALS OF RECRUITMENT:To attract highly qualified individuals. To provide an equal opportunity for potential candidates to apply for vacancies. GOALS OF SELECTION:To systematically collect information about to meet the requirements of the advertised position. To select a candidate that will be successful in performing the tasks and meeting the responsibilities of the position. To engage in hiring activities that will result in eliminating the under utilization of women and minorities in particular departments. To emphasize active recruitment of traditionally under represented groups i.e. individuals with disabilities, minority group members, women, and veterans.

MARKETING MANAGEMENT:Bill Generation: Bill generation can be of three types: ad-hoc billing, warm (HOT) billing and cycle wise billing. The system takes care of multiple billing cycles and multiple billing groups. Pre-bill processing: This process is mainly used for calculating the recurring amount of each bill cycle.

Final bill generation: This process starts after pre-bill processing and it calculates the total bill and its corresponding discounts for every subscriber. Other than total bill calculation, it takes care of volume pricing, flat discount, and volume discount.

Bill Posting: Records are posted to their corresponding subscriber's account after bill generation.

Bill Printing: Printing can be distributed over various printers in the network. In addition, printing can be selective depending on the account a Accounts & Payment

Online Payment: Payment can be done over the counter, which is online.

Offline Payment: Payment can be collected manually and it can be entered into the system collectively (in batch).

Payment Adjustment: Adjustment can be made against accounts in case of both online and offline payment.

Refund: The Billing System is capable of providing refunds to its customers.

Bill Follow-up: In case of late payment, bill follow-up is necessary. System is capable of generating reminders in case of late paymentnd subscriber number.

Packaging:This supports the following four types of packages:

Primary Package: This package is mainly for basic services. It contains four types of plans: one-time, deposit, recurring, and service usage time.

Value-added Package: This package is designed for all value-added services like call forwarding, call waiting, busy transfer, STD, ISD etc. It contains four types of plans: one-time, deposit, recurring, and service usage.

Free Service Package: This package is designed for free minutes or units of calls only. A particular package can be attached to the customer or a specific free service can be provided. Discount Package: This package is designed for discount only. A particular discount package can be attached to the customer. Discount can be two types--flat and volume Voice Plans: Each package is attached to various plans. There are five different plans:

One-time Charge Plan: This plan is used for one-time charges only.

Deposit Charge Plan: This plan is used for deposit charges only.

Recurring/monthly Charge Plan: This plan is used for recurring charges only.

Service Charge Plan: This plan is used for service charge only.

Long Distance (National and International) Charge Plan: This plan is used for any national and international long distance call charge

Customer Care and Administration:

It strives to understand the customer intimately in order to provide services that match their specific needs. To be successful, Bharti develops long-term relationships and retain customers that share this model.

For a comprehensive definition of the model for customer excellence, Bhartis plan includes:

Develop long-term relationships with our customers.

Steer clear of pure transactions or one-time deals.

Do whatever it takes to please the customer.

Educate employees to be adaptable, flexible, and multi-talented.

Create an unmatched value proposition of best total solution for our clients.

Marketing Mix:

The following sections outline the marketing mix for Bharti Airtel. Bharti Airtel has strategically built this marketing mix to compete effectively and promote a strong value proposition in the marketplace.

Price: Bharti Airtel maintains a price that is competitive for quality of services and
service level agreements. Coupled with our strong product and service road map, it believes that this forms the core of a very strong value proposition. Features: Within the given service module, Bharti Airtel offers features that meet or exceed and maintains as per customer expectation.

Service Offering: While service offerings to operators, enterprise and retail


customers Bharti offers a complete package of services at affordable prices.

Product Flexibility: It strives to maintain a lead in the all segments of the market.
In addition, it maintains an open environment.

Scalability: Bharti Airtel continues to engineer scalability into its services.

Promotion:One of the key responsibilities of marketing is lead generation. The following methods are used:for lead generation: Advertising in trade journals; Trade shows and conferences; Telemarketing; User group; Direct mailing; Targeted sales calls;

FINANCIAL INDICATOR:Director Report:-

OVERVIEW:-

Bharti Airtel is one of the world''s leading providers of telecommunication services with presence in 19 countries including India & South Asia and Africa. The Company served an aggregate of 220.9Mn customers as on March 31, 2011. The Company is the largest wireless service provider in India, based on the number of customers as of March 31, 2011. The Company offers an integrated suite of telecom solutions to its enterprise customers, in addition to providing long distance connectivity both nationally and internationally. The Company alsooffers Digital TV and IPTV Services. All these services are rendered under a unified brand airtel either directly or through subsidiary companies.

The Company also deploys, owns and manages passive infrastructure pertaining to telecom operations under its subsidiary Bharti Infratel Limited. Bharti Infratel owns 42% of Indus Towers. Limited. Bharti Infratel and Indus Towers are the largest passive infrastructure service providers for telecom services in India.

MAJOR AGREEMENTS AND ALLIANCES:During the year, the Company signed the following major agreements relating to operations, customer service, innovation and technology: - With Ericsson, Nokia Siemens Networks and Huawei for the launch of 3Gservices in India. These partners will plan, design, deploy and maintain a state of the art 3G HSPA Network in the Company''s 3G license

AUDITORS REPORT:-

The Board has duly examined the Statutory Auditors'' report to accounts which is self explanatory and clarifi cations wherever necessary, have been included in the Notes to Accounts section of the annual report. As regards the comment under para i (a) of the annexure A to the Auditors'' Report regarding the updation of quantitative and situation details relating to certain fixed assets in the Fixed Assets Register, the Company is further strengthening its process for updation of requisite details at frequent intervals. As regards the comment under para xxi of the annexure to the Auditors ''Report, to address the issues of fraud by employees and external parties, the Company has taken appropriate steps including issuance of warning letters, termination of service of the errant

employees, termination of the contract/agreements with the external parties, legal action against the external parties involved, blacklisting the contractors, etc. The Company is further strengthening its internal control systems to reduce the probability of occurrence of such events in future.

Profit-Loss Statement:In crore--------Mar '09 12 mths 34,048.32 0.00 34,048.32 -1,261.75 5.29 32,791.86 286.94 0.00 1,397.54 8,627.13 9,385.68 1,409.89 -269.25 20,837.93 Mar '09 12 mths 13,215.68 11,953.93 434.16 11,519.77 3,206.28 178.82 8,134.67 -46.15 8,088.52 321.78 7,743.84 20,551.00 0.00 379.65 64.52

Mar '11 12 mths Income Sales Turnover Excise Duty Net Sales Other Income Stock Adjustments Total Income Expenditure Raw Materials Power & Fuel Cost Employee Cost Other Manufacturing Expenses Selling and Admin Expenses Miscellaneous Expenses Preoperative Exp Capitalised Total Expenses 38,015.80 0.00 38,015.80 218.20 7.20 38,241.20 251.30 0.00 1,304.50 14,204.20 8,137.70 699.60 0.00 24,597.30 Mar '11 12 mths Operating Profit PBDIT Interest PBDT Depreciation Other Written Off Profit Before Tax Extra-ordinary items PBT (Post Extra-ord Items) Tax Reported Net Profit Total Value Addition Preference Dividend Equity Dividend Corporate Dividend Tax 13,425.70 13,643.90 296.70 13,347.20 4,193.70 417.90 8,735.60 11.80 8,747.40 1,007.60 7,716.90 24,346.00 0.00 379.80 60.10

Mar '10 12 mths 35,609.54 0.00 35,609.54 1,118.46 -34.91 36,693.09 278.72 0.00 1,401.66 11,882.41 6,856.42 1,482.39 -293.31 21,608.29 Mar '10 12 mths 13,966.34 15,084.80 283.35 14,801.45 3,890.08 207.84 10,703.53 -50.78 10,652.75 1,177.87 9,426.15 21,329.56 0.00 379.79 64.55

Mar '08 12 mths 25,761.11 0.00 25,761.11 104.04 9.05 25,874.20 42.90 0.00 1,297.88 7,339.01 5,892.50 535.46 0.00 15,107.75 Mar '08 12 mths 10,662.41 10,766.45 393.43 10,373.02 3,166.58 266.07 6,940.37 -60.67 6,879.70 632.43 6,244.19 15,064.84 0.00 0.00 0.00

Mar '07 12 mths 17,851.61 0.00 17,851.61 105.62 30.07 17,987.30 52.16 0.00 1,076.95 5,017.27 4,030.48 444.28 0.00 10,621.14 Mar '07 12 mths 7,260.54 7,366.16 282.07 7,084.09 2,353.30 137.80 4,592.99 9.92 4,602.91 566.79 4,033.23 10,568.98 0.00 0.00 0.00

Per share data (annualised) Shares in issue (lakhs) Earning Per Share (Rs) Equity Dividend (%) Book Value (Rs)

37,975.30 20.32 20.00 115.42

37,975.30 24.82 20.00 96.24

18,982.40 40.79 20.00 145.01

18,979.07 32.90 0.00 106.34

18,959.34 21.27 0.00 60.19

Analysis:According to Profit Loss statement profit is increasing year by year but Earning Per Share is fluctuating year by year.

Balance Sheet:In crore--------Mar '09 12 mths 1,898.24 1,898.24 116.22 0.00 25,627.38 2.13 27,643.97 51.73 7,661.92 7,713.65 35,357.62 Mar '09 12 mths 37,266.70 12,253.34 25,013.36 2,566.67 11,777.76 62.15 2,550.05 153.44 2,765.64 5,602.83

Mar '11 12 mths Sources Of Funds Total Share Capital Equity Share Capital Share Application Money Preference Share Capital Reserves Revaluation Reserves Networth Secured Loans Unsecured Loans Total Debt Total Liabilities 1,898.80 1,898.80 278.60 0.00 41,932.10 2.10 44,111.60 17.10 11,880.40 11,897.50 56,009.10 Mar '11 12 mths Application Of Funds Gross Block Less: Accum. Depreciation Net Block Capital Work in Progress Investments Inventories Sundry Debtors Cash and Bank Balance Total Current Assets Loans and Advances 61,437.50 20,736.70 40,700.80 6,497.60 11,813.00 34.40 2,375.80 126.60 2,536.80 11,186.10

Mar '10 12 mths 1,898.77 1,898.77 186.09 0.00 34,650.19 2.13 36,737.18 39.43 4,999.49 5,038.92 41,776.10 Mar '10 12 mths 44,212.53 16,187.56 28,024.97 1,594.74 15,773.32 27.24 2,104.98 54.89 2,187.11 7,072.42

Mar '08 12 mths 1,897.91 1,897.91 57.63 0.00 18,283.82 2.13 20,241.49 52.42 6,517.92 6,570.34 26,811.83 Mar '08 12 mths 28,115.65 9,085.00 19,030.65 2,751.08 10,952.85 56.86 2,776.46 200.86 3,034.18 5,103.13

Mar '07 12 mths 1,895.93 1,895.93 30.00 0.00 9,515.21 2.13 11,443.27 266.45 5,044.36 5,310.81 16,754.08 Mar '07 12 mths 26,509.93 7,204.30 19,305.63 2,375.82 705.82 47.81 1,418.52 239.11 1,705.44 3,160.02

Fixed Deposits Total CA, Loans & Advances Deffered Credit Current Liabilities Provisions Total CL & Provisions Net Current Assets Miscellaneous Expenses Total Assets Contingent Liabilities Book Value (Rs)

7.20 13,730.10 0.00 16,104.80 627.60 16,732.40 -3,002.30 0.00 56,009.10 49,771.40 115.42

761.86 10,021.39 0.00 12,979.55 658.75 13,638.30 -3,616.91 0.00 41,776.12 3,921.50 96.24

2,098.16 10,466.63 0.00 13,832.49 634.40 14,466.89 -4,000.26 0.09 35,357.62 4,104.25 145.01

302.08 8,439.39 0.00 12,400.38 1,961.95 14,362.33 -5,922.94 0.20 26,811.84 7,140.59 106.34

541.35 5,406.81 0.00 9,809.83 1,232.84 11,042.67 -5,635.86 2.66 16,754.07 7,615.04 60.19

RATIOS:Turnover Ratios:The percentage of a mutual fund or other investment vehicle's holdings that have been "turned over" or replaced with other holdings in a given year. The type of mutual fund, its investment objective and/or the portfolio manager's investing style will play an important role in determining its turnover ratio. Total Asset Turn over Ratio= Net Sales/ Total Asset YEAR 2007 2008 2009 2010 2011 Analysis:Total asset turn over ratio is decreasing from year 2007 to 2011. In 2007 company used more asset which is good for company. CALCULATION 17851.61/16754.07 25761.11/26811.84 34048.32/35357.62 35609.54/41776.12 38015.80/56009.10 RATIOS 1.065 0.960 0.962 0.852 0.678

Liquidity Ratios:-

A class of financial metrics that is used to determine a company's ability to pay off its short-terms debts obligations. Generally, the higher the value of the ratio, the larger the margin of safety that the company possesses to cover short-term debts.

Current Ratio = YEAR 2007 2008 2009 2010 2011

Current Asset/Current Liabilities RATIOS 0.173 0.244 0.199 0.168 0.157

CALCULATION 1705.44/9809.83 3034.18/12400.38 2765.64/13832.49 2187.11/12979.55 2536.80/16104.80

Analysis:Current ratio of the company is fluctuating from year 2007 to 2011. In 2008 company in strong position to pay their short term liabilities.

Quick Ratio = Current asset - Inventory/Current Liabilities YEAR 2007 2008 2009 2010 2011 CALCULATION 1705.44-47.81/9809.83 3034.18-56.86/12400.38 2765.64-62.15/13832.49 2187.11-27.24/12979.55 2536.80-34.40/16104.80 RATIOS 0.168 0.240 0.195 0.166 0.155

Analysis:Quick ratio of the company is fluctuating from year 2007 to 2011. In 2008 company is in good condition to pay their short term liabilities.

Net working capital = Total CA Total CL YEAR 2007 2008 2009 2010 2011 CALCULATION 1705.44-9809.83 3034.18-12400.38 2765.64-13832.49 2187.11-12979.55 2536.80- 16104.80 RATIOS -8104.39 -9366.2 -11066.85 -10792.44 -13568

Analysis:This company balance sheet shows negative working capital which means company currently unable to meet its short term liabilities with its current asset.

CONCLUSION:From the above interpretation we can say that Bharti Airtel Limited consolidated its position as one of the largest business group in sector in all major financial parameter including sales , networth, and assets. As compared to year 2007 to 2011, through the sales have increased, the fixed assets is also increased, which means that the company is not utilised the assets to brings down the cost. The companies current assets has also increased, which shows the improved liquidity position in the year 2011 as compared to 2007. But, the earning per share of the company as similar from 2007 to 2011.

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