Date: 22.09.2016 M. No.

F8323

1
 Bharat Sanchar Nigam Limited

BHARAT SANCHAR NIGAM LIMITED

Balance sheet
(All amounts in ` lakh, unless otherwise stated )

As at As at
Note
31 2016 31 2015
March March
EQUITY AND LIABILITIES
Shareholder's funds
Share capital 3 1,250,000 1,250,000
Reserves and surplus 4 3,116,774 3,506,443
Deferred government grant 5 24,533 28,497
4,391,307 4,784,940
Non-current liabilities
Long-term borrowings 6 498,974 5,619
Other long-term liabilities 7 332,087 344,477
Long-term provisions 8 - 28,438

831,061 378,534
Current liabilities
Short-term borrowings 9 283,672 632,871
Trade payables
-total outstanding dues of micro and small enterprises 268 41
-total outstanding dues of other than micro and small enterprises 10 682,102 828,873
Other current liabilities 11 858,270 734,591
Short term provisions 12 27,995 63,980
1,852,307 2,260,356
Total 7,074,675 7,423,830
ASSETS
Non-current assets
Fixed assets 13
Tangible assets 3,137,194 3,522,316
Intangible assets 806,679 863,184
Capital work-in-progress 306,828 327,914
Non-current investments 14 20,000 20,000
Deferred tax assets (net) 15 113,645 84,706
Long-term loans and advances 16 663,911 843,152
5,048,257 5,661,272
Current assets
Inventories 17 443,371 369,688
Trade receivables 18 261,515 232,660
Cash and bank balances 19 103,509 122,477
Short-term loans and advances 20 101,918 69,135
Other current assets 21 1,058,576 911,286
1,968,889 1,705,246
Intra/inter circle remittances 33 57,529 57,312
Total 7,074,675 7,423,830
Notes 1 to 44 form an integral part of the financial statements. Date : 9 September 2016
This is the balance sheet referred to in our report of even date.
for Walker Chandiok & Co LLP
(formerly Walker, Chandiok & Co)
Chartered Accountants

Sd/-
per Anamitra Das
Partner

Place : New Delhi

For and on behalf of Bharat Sanchar Nigam Limited
Sd/-
Anupam Shrivastava
Chairman and
Managing Director
DIN : 06590535
Sd/-

M.N. Punde
Sr. General Manager
(Corporate Accounts) Sd/-
H.C.Pant
Company Secretary and Sr. General
Manager (Legal) M. No. F-2584
 Annual Report 2015-
161616
BHARAT SANCHAR NIGAM LIMITED
Statement of Profit and Loss
(All amounts in ` lakh, unless otherwise stated )
For the year ended For the year ended
Note
31 March 2016 31 March 2015
REVENUE
Revenue from operations 22 2,844,942 2,724,223
Other income 23 446,928 140,297
Total revenue 3,291,870 2,864,520
EXPENSES
Employee benefits expense 24 1,538,649 1,496,350
Finance costs 25 54,339 50,189
Depreciation and amortisation expense 13 713,511 881,680
Other expenses
Administrative, operating and other expenses 26 1,139,235 1,083,959
License and spectrum fee 29 228,538 217,032
Total expenses 3,674,272 3,729,210
Loss before prior period items and tax (382,402) (864,690)
Prior period items (net) 27 (34,529) (19,652)
Loss before tax (416,931) (884,342)
Tax benefit :
Deferred tax benefit 15 28,939 60,933
Loss for the year (387,992) (823,409)
Earnings per equity share
Basic and diluted (nominal value of shares ` 10) 34 (7.76) (16.47)
Notes 1 to 44 form an integral part of the financial statements.

This is the statement of profit and loss referred to in our report of even date.

for Walker Chandiok & Co LLP For and on behalf of Bharat Sanchar Nigam Limited
(formerly Walker, Chandiok & Co)
Chartered Accountants Sd/-
Anupam Shrivastava
Chairman and Managing Director
DIN : 06590535

Sd/- Sd/-
per Anamitra Das Sujata Ray
Partner Director (HR)
DIN : 07240022

Sd/-
M.N. Punde
Sr. General Manager (Corporate Accounts)

Sd/-
H.C.Pant
Place : New Delhi
Company Secretary and Sr. General Manager (Legal)
Date : 9 September 2016
M. No. F-2584