Financial Results for the year ending 31 st March 2013 Draft Financial Results 1
(Figure in Crore) Particulars (Draft) (Audited) Absolute Change % Change Income from Services (327.32)(1.26) Other Income (478.29)(24.51) Total Income (805.61)(2.88) Employees’ Remuneration & Benefits Office and Administration Expenses License and Spectrum Fee ( )(41.82) Financial Expenses Depreciation (837.89)(9.13) Total Expenditure ( )(4.61) Profit/Loss before Prior Period Adjustments and Extraordinary Items ( )( )880.07(10.17) Prior Period Adjustments(182.82)(168.32)(14.50)8.61 Profit before Tax( )( )865.57(9.81) Deferred Tax70.92(29.77)100.69(338.23) Profit after Tax( )( )966.26(10.92) 2
Continued …… (Figure in Crore) Particulars As at 31 March 2013 (Draft) As at 31 March 2012 (Audited) EQUITY AND LIABILITIES Shareholder's Funds Share Capital Reserves and Surplus Deferred government grant Non-current liabilities Long term borrowings Other Long term liabilities Long term provisions Current liabilities Short term borrowings Trade payables Other current liabilities Short term provisions TOTAL
(Figure in Crore) Particulars As at 31 March 2013 (Draft) As at 31 March 2012 (Audited) ASSETS Non-current assets Fixed Assets - Tangible assets Intangible assets Capital work-in-progress Intangible assets under development Non-current investments Deferred tax assets (net) Long-term loans and advances Current Assets Inventories Trade receivables Cash and Bank Balances Short-term loans and advances Other current assets Intra/Inter Circle Remittances TOTAL
(Figure in Crore) Particulars (Draft) (Audited) Absolute Change % Change Income from Consumer Fixed Access ( )(8.21) Income from Consumer Mobility Income from Entreprise Business (7.01)(0.39) Income from New Business Total Income from Services (327.32)(1.26) 5
(Figure in Crore) Particulars (Draft) (Audited) Absolute Change % Change Telephones other than WLL (643.28)(11.84) Telegraphs & Telex (2.19)(16.76) Other value added Services (N 1) (16.43)(51.41) Income from WLL (0.53)(16.88) Income from PCOs (63.85)(28.45) Recoverable from MTNL Receipts from Other operators (IUC) (N 2) (294.01)(19.64) Income from Broad Band Services Other Operating Income (N 3)) (350.87)(24.11) Income from Consumer Fixed Access ( )(8.21) N1 – Other value added services includes INET (Toll free number), Integrated service digital network (ISDN), Very small aperture terminal (VSAT). N2 –Reduction in IUC is mainly due to reduction of tariff in carriage charges, cancellation of port charges, shrinking of the size of PSTN. N3 -Other operating income includes Subsidy from DOT for Rural Telephony, Receipt from USO Fund and Govt. of India, Subsidy from USOF for rural broadband. 6
(Figure in Crore) Particulars (Draft) (Audited) Absolute Change % Change Income from Cellular Services Income from WILL (109.58)(33.41) Receipts from Other operators (IUC) Other Operating Income (N 1) Total Income from Consumer Mobility N1 -Other operating income includes USO Subsidy for provision of Mobile service sites and Subsidy from Govt. for rural broad band (WIMAX). 7
N1 - Income from passive infrastructure includes passive Infrastructure provisioning fee, monthly service charge, Late fee etc. (Figure in Crore) Particulars (Draft) (Audited) Absolute Change % Change Lease Circuits (7.01)(0.39) Total Income from Enterprise Business (7.01)(0.39) (Figure in Crore) Particulars (Draft) (Audited) Absolute Change % Change Income for USO Towers (1.78)(1.19) Income from Passive Infrastructure (N 1) Total Income from New Business
(Figure in Crore) Particulars (Draft) (Audited) Absolute Change % Change Interest income - On deposits in Banks (45.27)(40.10) - Others (N 1) (141.75)(66.75) (187.02)(57.50) Other non-operating income - Profit on sale of Assets (10.38)(17.61) - Liquidated Damages (131.35)(29.64) - Excess provision written back (87.03)(11.53) - Rent of Staff Quarters Sale of Scrap (11.72)(21.81) - Others income (N 2) (68.37)(27.07) - Reimbursement from USO Admin for USO Towers (291.26)(17.91) Total of Other Income (478.28)(24.51) N1 – In previous year BSNL had received interest from private operators due to court judgement on dispute of payment of IUC bills. N2 – Other income includes sale of equipments/stores, Network operations and control center (NOCC) charges received, Examination fee, Receipts on recruitment etc. 9
(Figure in Crore) Particulars (Draft) (Audited) Absolute Change % Change Salaries, Wages, Allowance and Other Benefits Leave Encashment (including provision) Pension Contribution (263.24)(22.31) Employer's contribution towards EPF Gratuity (including provision) Leave Salary Contribution (1.21)(13.07) Medical Expenditure (124.92)(29.00) Staff Welfare expenses (3.69)(16.18) Less : Allocated to Capital Work-in-Progress (16.73)(3.84) Total of Employees Remuneration and Benefits
(Figure in Crore) Particulars (Draft) (Audited) Absolute Change % Change Interest on Government Loan Interest on Subscribers Deposit (4.33)(93.98) Interest on bank loan Interest on others Bank charges (0.92)(28.50) Total of Financial Cost
Continued …… (Figure in Crore) Particulars (Draft) (Audited) Absolute Change % Change Rent Lease charges Rates and Taxes Power and Fuel Insurance Repairs and Maintenance -Buildings (7.16)(2.58) -Plant and Machinery Cables Others (2.63)(3.52) Professional and Consultancy charges (5.45)(20.45) Payment to auditors Printing and Stationery (9.86)(12.53) Commission on Franchise Services Advertisement (0.13)(1.38) Business Promotion and Marketing Expenses (8.05)(20.24) Travel Expenses (19.84)(19.15) Postage and Courier Charges (9.23)(11.49) Security Services (18.44)(6.22) 12
(Figure in Crore) Particulars (Draft) (Audited) Absolute Change % Change Vehicle Running Expenses (Including hired vehicles) IUC payable to other service providers (39.82)(1.73) Expenditure on Services and other expenses (18.11)(1.31) Penalty for CAF verification NA Write off and losses other than Bad debts (212.46)(48.61) Bad-Debt Provision other than services (6.82)(24.55) Bad-Debt actually written off Provision for doubtful debts and disputed bills Foreign Exchange Fluctuation Loss/ (Gain) (Net) (23.30)(68.45) Loss/(Profit) from Factories Loss/(Profit) from Construction/Telecom services projects(5.99)(2.86)(3.13) Other expenditure (N 1) Less: Allocated to Capital Project Works Total of Administrative, Operating and Other expenses N1 – Other expenditure includes expenditure relating to Internet data center (IDC), wealth tax, write off of unrecovered service tax.. 13
Continued …… (Fig in crore) CIRCLE NAMETOTAL INCOME % Change TOTAL EXPENDITURE % ChangeNET PROFIT % Change TERRITORIAL CIRCLES KERALA TELECOM (0) ORISSA TELECOM (14) J & K TELECOM (2)2(26)(107) CGM ANDAMAN & NICOBAR4748(1)53513(5)(3)70 CHENNAI TELEPHONES (0) (4)(24)(59) UTTARANCHAL TELECOM (3)(38)(62)(40) NORTH-EAST II169205(17) (64)(27)139 N.E.TELECOM189194(2) (66)(54)22 HIMACHAL TELECOM330368(10)401413(3)(71)(46)56 CHATTISGARH TELECOM (5)(74)(98)(24) HARYANA TELECOM699732(4)845853(1)(146)(121)20 ASSAM TELECOM426456(7)600615(2)(174)(160)9 JHARKAND TELECOM288314(8) (217)(109)100 PUNJAB TELECOM (2) (6)(231)(294)(21) KARNATAKA TELECOM (4)(234)(375)(38) RAJASTHAN TELECOM (5) (6)(260)(288)(10) 14
(Fig in crore) CIRCLE NAMETOTAL INCOME % Change TOTAL EXPENDITURE % ChangeNET PROFIT % Change MADHYA PRADESH TELECOM911937(3) (8)(284)(363)(22) CALCUTTA TELEPHONES690786(12) (0)(356)(261)36 U.P.WEST TELECOM (1)(388)(398)(2) BIHAR TELECOM488496(2)905943(4)(417)(447)(7) U.P.EAST TELECOM (7) (499)(372)34 ANDHRA TELECOM (1)(512)(622)(18) TAMILNADU TELECOM (1)(513)(568)(10) WEST BENGAL TELECOM608657(7) (515)(433)19 MAHARASHTRA TELECOM (6)(534)(820)(35) GUJARAT TELECOM (3) (2)(628)(632)(1) TOTAL (1) (2)(5962)(6443)(7) NON TERRITORIAL CIRCLES (23) (21)(1809)(2210)(18) GRAND TOTAL (3) (5)(7772)(8653)(10) Prior period item(183)(168) Deferred Tax71(30) Net Profit(7884)(8851) 15
Thank You 16