OnMobile Global Limited • Annual Report 2007 - 08

44Management Discussion & Analysis

49Report of the Auditors

52Financial Statements

74Balance Sheet Abstract

75Report of the Auditors on Consolidated Financial Statements

76Consolidated Financial Statements

95Statement Regarding Subsidiary Companies

96Notice

01Not Just Hello...

08Message from the Chairman

10Company Snapshot

12Financial Snapshot

14The MVAS Ecosystem

15Board of Directors

16Corporate Information

17Our Leadership Team

19CEO and CFO Certificate

20Report on Corporate Governance and Shareholder Information

33Directors’ Report

Contents

The mobile is an integral part of our lives today. The
mobile is the only computer most people will ever have,
which allows you to talk, interact, engage in commerce
and do much more. At OnMobile, we enrich, empower
and enhance your life through this mobile interactivity, by
enabling you to use the mobile beyond just talk - Not just

hello...

Enriching lives by making technology really simple to use -
choose the ringtone that identifies you, from over millions
of songs or get ball-by-ball multi-media updates of your
favourite cricket matches.

Empowering lives by ensuring that you are in control -
buy movie tickets, vote for your favourite contestant on a
TV program, get the best shopping deals or get the best
prices for your commodity.

Enhancing lives through innovations, be it caller ringback
tones, searching for and listening to your favourite songs
on demand or safely backing up your precious pictures on
the network.

Such has been the power of this idea that the business size has become over $ 2 billion dollars, in India, in less than 8 years.

And this is just the beginning. We are just beginning to
know you. As billions of people are starting to use the
mobile, the opportunities to empower, enrich and
enhance are limitless. As we begin to offer our services in
more and more countries across the world, more lives
will be touched in more ways than one.

Welcome to the business of touching lives, touching

you.