Balance Sheet

Ericsson India Global Services Private Limited
Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[400100] Disclosure of general information about company

Unless otherwise specified, all monetary values are in Millions of INR
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
Ericsson
India
Global
Services Private Limited
U72200DL2010PTC204192
AACCE4175D
4Th
Floor,
Dhaka
House
,
18/17 W E A Karol Bagh , New
Delhi , DELHI , INDIA 110005
Commercial
and
Industrial
25/06/2014
01/04/2013
31/03/2014
Standalone
Balance Sheet
INR
Millions
Indirect Method
Name of company
Corporate identity number
Permanent account number of entity
Address of registered office of company
Type of industry
Date of board meeting when final accounts were approved
Date of start of reporting period
Date of end of reporting period
Nature of report standalone consolidated
Content of report
Description of presentation currency
Level of rounding used in financial statements
Type of cash flow statement
01/04/2012
31/03/2013
[400400] Disclosures - Directors report

Details of directors signing board report [Table]
..(1)

Directors signing board report [Axis]
01
01/04/2013
to
31/03/2014
Details of signatories of board report [Abstract]
Details of directors signing board report [LineItems]
Name of director signing board report [Abstract]
First name of director
Middle name of director
Last name of director
Designation of director
Director identification number of director
Date of signing board report
Mats
Robert
Agervi
Managing Director
03034679
25/06/2014
Ericsson India Global Services Private Limited Standalone Balance Sheet for period 01/04/2013 to 31/03/2014

01/04/2013
to
31/03/2014
Textual
information
(1)
[See below]
Textual
information
(2)
[See below]
The Company is taking care
of
latest
development
and
advancements
in
technology
and
all
steps
are
being
taken
to
adopt
the same.
Textual
information
(3)
[See below]
Textual
information
(4)
[See below]
Textual
information
(5)
[See below]
The
observations
made
in
the
Auditors?
Report
are
selfexplanatory
and
therefore,
do
not
call
for
any further comments.
Disclosure in board of directors report explanatory [TextBlock]

Details regarding energy conservation
Details regarding technology absorption
Details regarding foreign exchange earnings and outgo

Particulars of employees as per provisions of section 217
Disclosures in director?s responsibility statement
Director's comments on qualification(s), reservation(s) or adverse
remark(s) of auditors as per board's report
Date of Board of directors' meeting in which board's report referred
to under section 217 was approved
25/06/2014
Textual information (1)

Disclosure in board of directors report explanatory [Text Block]
DIRECTORS REPORT 2014
Dear Member,
Your Directors take pleasure in presenting their 4 th Annual Report on the business and operations of the Company together
with the Audited Accounts for the financial year ended 31 st March, 2014. This financial year constitutes the period from
1-04-2013 to 31-03-2014. The state of the Companys affairs is described below:
1.
Financial Results
(Rupees in Million)
Particulars
For the Period from

1-04-2013
to
31-03-2014
For the Period from

1-04-2012 to 31-03-2013
Net Income
34813
23147
Total Expenditure
Profit before Interest, Depreciation & Tax
Less: Finance Charges
Less: Depreciation
Profit before Taxes
27949
18908
6864
4239
1365
878
5499
Less: Provision for Taxation

Add: Deferred Tax Assets
Profit After Tax*
Earning Per Share (in Rs)
111.16
3361
1461
1176
281
105
4319
2290
58.94
1.1
Operating Results
Revenues for Financial Year for the period from 1 st April, 2013 to 31 st March, 2014 stood at INR 34813
million and Profit before depreciation, interest and tax stood at INR 6864 million.
3
1.2
Business Operations
Ericsson India Global Services Private Limited (EGI) is Ericssons largest and fastest growing Global Services Center (GSC) that delivers a wide
array of multi-vendor and multi-technology ICT services to leading telecommunication operators around the world.
The Company supports Operators networks round the clock with a team of personnel, state-of-art tools, methods and processes.
Services such as consulting and competence development aimed towards operators have also been provided to customers in
India. To cater to the growing pre-paid and value added services market such as MMS, Unified Messaging, etc., EGI has built
competence locally to integrate and support these Value Added Services. However, in cases where EGI does not possess the
technical capabilities for rendering such high end technical services, the same are procured from the Group Companies on a
need basis.
In the research and development services segment, EGI acts as a service provider to the Associate Enterprise, with insignificant risks being
undertaken. This segment is engaged in research and development of software-based solutions for telecommunication industry.
As on March 31, 2014, the Company has its presence at Noida, Gurgaon, Bangalore, Kolkata, Mumbai, Pune and Chennai. As
at March 31, 2014, Gurgaon, Kolkata and Bangalore units are located in Special Economic Zone and Noida unit which was
earlier registered under Software Technology Parks of India Scheme (STPI) had been de-registered.
2.
Subsidiary Companies
The company has no Indian/Foreign subsidiary company.EGI is a wholly owned subsidiary of Telefonaktiebolaget LM
Ericsson (LME), Sweden.
3.
Dividend
The Board of Directors of the Company does not recommend any dividend for the financial year ended on 31 st March, 2014.
4.
Reserves
Board of Directors of the Company does not recommend any amount to be carried to the Reserves for payment of Dividend.
However, current year surplus would be carried forward to the General Reserve Account.
5.
Directors
4
Mr. Mats Robert Agervi, Managing Director of the Company is retiring on 30 th June 2014, due to change in his roles and
responsibilities.
Mr. Amitabh Ray was co-opted as Additional Director at the meeting of the Board of Directors held on 25 th June, 2014 to
hold the office up to the date of the ensuing Annual General Meeting in terms of the provisions of Section 152 and other
related provisions of the Companies Act, 2013.
The candidature of Mr. Amitabh Ray is proposed as Managing Director under section 197 read with other applicable
provision of the Companies Act, 2013 effective from 1 st July 2014 at this Annual General Meeting. Brief profile of Mr.
Amitabh Ray is part of Notice convening AGM.
None of the Directors and Key Managerial Personnel are interested in the resolution.
6.
Number of Board meetings
Five Board Meeting(s) were held during the period under review as on 22 nd April 2013, 25 th June, 2013, 7 th August
2013, 28 th November 2013 and lastly on 19 th February 2014.
7.
Auditors
M/s Price Waterhouse & Co., Chartered Accountants (firm registration number FRN 304026E), who are the Statutory
Auditors of the Company, hold office, in accordance with the provisions of the Companies Act, 1956 (the Act) and now
Companies Act 2013, and being eligible, offer themselves for re-appointment / ratification as Statutory Auditors from the
conclusion of the forthcoming Annual General Meeting AGM and upto the conclusion of next AGM.
M/s Price Waterhouse & Co., Chartered Accountants (firm registration number - FRN 304026E), have expressed their
willingness for re-appointment as the Statutory auditors and confirmed that their ratification of appointment /
re-appointment, if made, will be within the prescribed limits under section 139 read with Companies (Audit & Auditors)
Rules, 2014 of the Companies Act, 2013, and they are not disqualified, if re-appointed.
8.
Auditors Report
The observations made in the Auditors Report are selfexplanatory and therefore, do not call for any further comments.
9.
Secretarial Audit
Pursuant to Section 204 under Companies Act 2013 read with Rule 9 of the Companies (Appointment and
Remuneration of Managerial Personnel) Rules, 2014, the Secretarial Audit doesnt apply to the Company.
5
10.
Related Party Transactions
This is to share that no transaction has been entered pursuant to section 297, in which directors are interested.
11.
Particulars of Employees
A talented team of professionals is dedicated to work on IT / ITES technologies creating solutions that shape the future of the
Information and communication telecommunication (ICT) industry. Particulars required under section 217(2A) are given as
per Annexure and forms parts of this report.
12.
Conservation of energy, research and development, technology absorption, foreign exchange earnings and outgo
The information pertaining to conservation of energy, technology absorption, foreign exchange earnings and outgo, as
required under Section 134(m) of the Companies Act, 2013, read with the Companies (Accounts) Rules, 2014 is given as
per Annexure and forms part of this Report.
13.
Fixed deposits
During the year under review, your Company has not accepted any deposit under Section 73 of the Companies Act, 2013,
read with Companies (Acceptance of Deposits) Rules, 2014.
14.
Restriction on Company to Purchase Shares
During the period under review, the provisions under Section 67 of Companies Act, 2013 does not apply to the Company.
15.
Risk Management
Your Compnay has detailed mechanism of Risk Management. Companys Business Continuity Management (BCM)
framework describes the overall company-wide Crisis Management Plan (CMP) that will be triggered based on decision
taken in a crisis situation. The document outlines:
who is part of the team,
what are their roles and
what needs to be done to prevent business continuity risks.
The BCM framework also consider following aspects of crisis / distruptions:

a.
Company perspective
b.
Location perspective, &
c.
Account perspective,
a) BCP Status Company view
BCP Framework EGI and Crisis Management Plan prepared and reviewed by security team and approved by CTO.
b) BCP Status Location & Account / Functional view across locations
Business Continuity Plans Prepared and approved by Account Head

Location Crisis Management and BCP teams training
Testing for critical functions as per Schedule
c) BCP Status Customer view :

--All important Customers Account being tested by Internal Auditors followed by independent audit.
16.
Corporate Social Responsibility
Pursuant to the provision of Section 135 read with Companies (Corporate Social Responsibility
Policy) Rules, 2014, CSR committee was consititued by Board of Directors in their meeting held on
24 th April 2014 as its sub-committee and terms of Refernce for the Committee are set out below.
The Board is responsible for constituting, assigning, co-opting and fixing terms of service for the Committee Members and
delegates these powers to the Committees, as per requirements. Recommendations of the Committees are submitted to the
Board of Directors for approval. CSR policy is under formulation and shall be presented to Board during the FY 2014-15.
CSR COMMITTEE
Members :
1.
Mr. Mats Robert Agervi, Managing Director
MD, Chairman
2.
Mr. Debasish Roy Chowdhury, WTD
3.
Mr. Abhay Vaish, WTD
4.
Mr. Bharat Bandhu, Head Company Control
5.
Ms. Sonia Aplin, Head-IC
Executive Member
6.
Mr. Amit Shankar Kashyap, CS
Committee Secretary
Director Member
:
Director Member
Executive Member
Terms of reference:
A )
M e m b e r s h i p
The members of the EGI CSR Committee shall be appointed by the Board of Directors and shall
comprise at least three directors from amongst the management of the Company and shall in total
consist of maximum 8 (eight) members, at most.
The EGI CSR Committee may invite any other person to advise and/or to join meetings of the EGI
CSR Committee when required notwithstanding that they are not members of the EGI CSR
Committee.
B) Chairman
The Chairman to the Board of Directors shall be appointed as the Chairman of the EGI CSR
Committee (the Chairman). The EGI CSR Committee shall work under the guidance of its
Chairman. The Chairman shall also represent the Committee when it is not assembled.
In the absence of the EGI CSR Committee Chairman, the members present shall elect one of
Director present to chair the meeting.
C)
Quorum
The valid quorum for the CSR Committee meetings shall be three (3) members. A duly convened
meeting of the EGI CSR Committee at which a quorum is present shall be competent to exercise
all or any of the authorities, powers and discretions vested in or exercisable by the EGI CSR
Committee.
D)
Attendance at Meetings
a.
No one other than the EGI CSR Committee Chairman and other Committee members is
entitled to be present or vote at a meeting of the EGI CSR Committee.
8
b.
Should any Committee Member be absent from duly called meetings without sending a
leave of absence, for three (3) consecutive meetings, recommendations will be made to
the Board of Directors for that member to be replaced.
c.
The Chairman of the Company, Director, any head or executive and any other member of senior management may be
called upon or shall be able to speak at any meeting of the EGI CSR Committee by prior permission of the Chairman.
E) Secretary
The Secretary of the Company shall be the Secretary of the EGI CSR Committee and shall
keep records of proceedings, membership and the dates of any changes to the membership of
the EGI CSR Committee.
F)
Frequency of Meetings
Meetings shall be held at such times as the EGI CSR Committee deems appropriate, and in
any event shall be held not less than four (4) times a year.
G) Proceedings
i.
ii.
Meetings of the EGI CSR Committee shall be prepared by the Secretary of the
Committee at the request of the Chairman or any member thereof.
EGI CSR
The Secretary to the EGI CSR Committee shall record the proceedings and resolutions of
meetings of the EGI CSR Committee and shall circulate the minutes of such meetings to
all members of the EGI CSR Committee.
H) Authority
i.
The EGI CSR Committee is authorised by the Board to take advise on any matter related to
CSR policy or any other matter within its Terms of Reference.
ii.
The EGI CSR Committee is authorised by the Board, to obtain external professional advice
and to secure the attendance of third parties with relevant experience and expertise at
meetings of the EGI CSR Committee, if it considers this necessary.
iii.
The Committee shall produce an Annual Budget before the beginning of each financial year for
9
all its ensuing CSR activities, for approval by the Board. All financial activities handled by
the Committee will therefore be assessed within such budget.
I)
Duties and Responsibilities
The responsibilities of the EGI CSR Committee shall be :
i.
To review, agree, establish the Companys EGI CSR Policy and its implementation practice in
India, in compliance to the provisions of the section 135 of the Companies Act, 2013 read
with the Companies (CSR Policy) Rules, 2014 and recommend the same for the approval
of the Board;
ii. To develop, formulate and recommend for acceptance by the Board, policies on all aspects of
EGI CSR Policy including the projects and programs relating to the activities to be
undertaken by the Company as specified in Schedule VII of the Companies Act, 2013 and
other EGI CSR-related matters as may be determined by the EGI CSR Committee from
time to time;
iii.
To prepare its budget and recommend the amount of expenditure to be incurred on the
activities referred to in the EGI CSR policy as per the provisions of the Companies Act
2013;
iv. To recommend to the Board and seek approval for the modalities of utilization of funds;
v.
To monitor and report to the Board the compliance with the EGI CSR policy and to review
performance against agreed targets.
vi. To display the Companys CSR activities and Policy on the Company website.
vii. To consider other topics, pertaining to the CSR Policy as referred to it by the Board.
J)
Reporting Procedures
The EGI CSR Committee shall:
i.
Report to the Board on its proceedings after each meeting on all matters within the scope of its
duties and responsibilities.
ii.
Make whatever recommendations to the Board as it deems appropriate on any area within its
remit where action or improvement is required.
10
iii.
iv.
Report on its responsibilities and activities during the year in EGI CSR Report to be published
at the same time as the Companys Annual Report.
Publicise its activities and success stories on the Company Website.
17.
Directors Responsibility Statement
Pursuant to Section 134(5) of the Companies Act, 2013, your Directors state that:
(a)
in the preparation of the annual accounts, the applicable accounting standards

had been followed along with proper explanation relating to material departures;
(b)
the directors had selected such accounting policies and applied them consistently and made judgments and
estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the company
at the end of the financial year and of the profit and loss of the company for that period;
(c)
the directors had taken proper and sufficient care for the maintenance of adequate accounting records in
accordance with the provisions of this Act for safeguarding the assets of the company and for preventing and
detecting fraud and other irregularities;
(d)
(e)
the directors had prepared the annual accounts on a going concern basis; and
the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that
such systems were adequate and operating effectively.
Conclusion
Your Directors place on record their appreciation for the overwhelming co-operation and assistance received from customers,
employees, vendors, as well as regulatory and government authorities.
Your Directors propose to drive the business endeavours with greater optimism and confidence.
For and on behalf of the Board of Directors

Ericsson India Global Services Pvt. Limited
11
Mats Agervi
Place
Chairman
: Gurgaon
Date
: 25/06/2014
ANNEXURE
Information as per Section 134 of the Companies Act, 2013, read with the Companies (Account) Rules, 2014 and forming part of the Directors
Report for the period from 1 st April 2013 to 31 st March, 2014:
Conservation of
Energy
The operational activity of the company does not

involve large energy consumption. In any case,
conservation of energy is considered to be a
priority and therefore ensuring minimum
consumption by way of better energy conservation
programs, training/ awareness of the employees,
layout of machines and prompt upkeep is a
continuous exercise.
Technology
Absorption
The Company is taking care of latest development

and advancements in technology and all steps are
being taken to adopt the same.
Foreign Exchange
Earning and Out Go
For the period from

1-04-2013 to
31-03-2014
For the period from

1-04-2012 to
31-03-2013
(Rs. In millions)
Foreign
Exchange
Earning
Foreign
Exchange
Outgo:
31,004
20,053
47
111
203
91
3,095
2,025
a.
Assets
b.
Travelling
c.
Training
d.
Technical
12
Others
-
For and on behalf of the Board of Directors

Ericsson India Global Services Pvt. Limited
Mats Agervi
Place
Chairman
: Gurgaon
Date
: 25 th June 2014
NOTICE OF THE ANNUAL GENERAL MEETING
Notice is hereby given that the Fourth Annual General Meeting of the Members of Ericsson India Global Services Private Limited will
be held on Thursday, 21 st August, 2014 at 04.00 p.m. at 4 th Floor, Dhaka House, 18/17 W.E.A., Pusa Lane, Karol Bagh, New
Delhi, India to transact the following businesses:ORDINARY BUSINESS
1.
To receive, consider and adopt the audited Financial Statements of the company for the financial year ended on 31 st March, 2014, the reports of
the Board of Directors and Auditors thereon and in this regard to consider and if thought fit, to pass, with or without modification(s), the
following resolution as an Ordinary Resolution :
RESOLVED THAT
the audited Financial Statements of the company for the financial year ended 31 st March, 2014, the reports of the Board of
Directors and Auditors thereon be and are hereby considered and adopted.
2.
To appoint Statutory Auditors and fix their remuneration and in this regard to consider and if thought fit, to pass, with or without modification(s),
the following resolution as an Ordinary Resolution :
RESOLVED THAT
M/s Price Waterhouse & Co., Chartered Accountants (Registration no. FRN304026E) be and are hereby appointed as Statutory Auditors of the
Company to hold office from the conclusion of this Annual General Meeting till the conclusion of next Annual General Meeting of the company
13
at such remuneration as may be decided by the Board of Directors of the Company
SPECIAL BUSINESS
3.
To appoint Mr. Amitabh Ray (DIN 00465936) as Director of the company and confirm his appointment as Managing Director with effect from
1 st July, 2014, on the terms and conditions and remuneration as approved by the Board and in this regard to consider and if thought fit, to pass,
with or without modification(s), the following resolution as an Ordinary Resolution :
RESOLVED THAT
Mr. Amitabh Ray (DIN 00465936), who was appointed as an Additional Director on 25 th June, 2014 by the Board under Section 161 of the
Companies Act, 2013 and who holds office upto the date of this Annual General meeting in respect of whom the company has received a notice
under section 160 of the Companies Act, 2013 alongwith a deposit of requisite amount from Mr. Amitabh Ray proposing under his hand
signifying his candidature as a Director be and is hereby appointed as Director of the Company and his appointment as Managing Director of the
company with effect from 1 st July, 2014, on the terms and conditions and remuneration as approved by the Board be and is hereby further
approved and confirmed.
By order of the Board of Directors

For Ericsson India Global Services Private Limited
Amit Shankar Kashyap

Company Secretary
Place: Gurgaon
Date: 25 th June 2014
Notes:
1.
A MEMBER ENTITLED TO ATTEND AND VOTE AT THIS ANNUAL GENERAL MEETING MAY APPOINT A PROXY TO
ATTEND AND VOTE ON A POLL ON HIS BEHALF. A PROXY NEED NOT BE A MEMBER OF THE COMPANY. PROXIES IN
ORDER TO BE EFFECTIVE, MUST BE RECEIVED AT THE REGISTERED OFFICE OF THE COMPANY, NOT LESS THAN
FORTY-EIGHT HOURS BEFORE THE COMMENCEMENT OF THIS ANNUAL GENERAL MEETING.
14
2. The Explanatory Statement under section 102 of the Companies Act, 2013 relating to special business to be transacted at the meeting is
attached herewith.
3. Members desirous of getting any information about the accounts and operations of the Company are requested to submit
their queries addressed to the Company Secretary at least 7 days in advance of the meeting so that the information called
for can be made available at the meeting.
4. Corporate Memebers intending to send their authorised representatives to attend the meeting are requested to send to the
company a certified copy of the Board resolution authorising their representative to attend and vote on their behalf at the
meeting.
5. Relevant documents referred to in the accompanying Notice and the Statement are open for inspection by the members of
the Company at the Registered Office of the company on all working days except Saturdays, during business hours up to
the date of meeting.
6.
Particulars
Meeting:
of
Directors
to
be
appointed/
re-appointed/
regularized
at
the
Annual
General
(I) Mr. Amitabh Ray

Mr. Amitabh Ray (DIN 00465936), aged 51 years, is Additional Director of the Company. With more than 20 years of
experience, Amitabh brings a combination of excellent technology competency and mature understanding of global
business and economic issues. He has worked on corporate strategy, management consulting, program &
engagement management, change management & systems integration for large multinational companies in India and
abroad.
Prior to joining Ericsson, Amitabh worked as Vice President IBM Global delivery. He also worked as a Partner in PwC
where he headed the three largest strategic business units (SBU) including Global Offshore Center.
The Board of Directors recommends his re-appointment. None of the other Directors except Mr. Amitabh Ray is concerned or
interested in this resolution.
ANNEXURE TO THE NOTICE

EXPLANATORY STATEMENT
(Pursuant to the Provisions of Section 102 of the Companies Act, 2013)
The following explanatory statement set out all material facts relating to the business mentioned
hereunder:
Item No. 3:
Pursuant to the provisions of section 161(1) of the Companies Act, 2013 and the Articles of Association of the
Company, the Board of Directors of the company appointed Mr. Amitabh Ray as an Additional Director of the
Company with effect from 25 th June, 2014 and further appointed as Managing Director w.e.f. 1 st July, 2014 at
remuneration and terms & conditions as approved by the Board, is proposed to be confirmed at this Annual
General Meeting.
15
In terms of the provisions of section 161(1) of the Companies Act, 2013, Mr. Amitabh Ray, would hold office up to
the date of the ensuing Annual General Meeting.
The Company has received a notice from Mr. Amitabh Ray alogwith a deposit of requisite amount under Section
160 of the Act, proposing under his hand signifying his candidature as a director for the office of Director of the
company.
Mr. Amitabh Ray is not disqualified from being appointed as a Director in terms of section 164 of the Act and has
given his consent to act as a Director.
Brief resume of Mr. Amitabh Ray, nature of his expertise in specific functional areas and name of companies in
which he holds directorships and memberships, shareholding and relationship between directors has been
mentioned in Note no. 6 to the Notice of AGM.
The Board of Directors of the Company recommends his appointment as a Director of the company.
None of the Directors except Mr. Amitabh Ray is interested in the said Resolution.
By order of the Board of Directors

For Ericsson India Global Services Private Limited

Company Secretary
Place: Gurgaon
Date: 25 th June 2014

Details regarding energy conservation
The operational activity of the company does not involve large energy consumption. In any case, conservation of energy is considered to be a
priority and therefore ensuring minimum consumption by way of better energy conservation programs, training/ awareness of the employees,
layout of machines and prompt upkeep is a continuous exercise.
16

Details regarding foreign exchange earnings and outgo
Information as per Section 134 of the Companies Act, 2013, read with the Companies (Account) Rules, 2014 and forming part of the Directors
Report for the period from 1st April 2013 to 31st March, 2014: A) Conservation of EnergyThe operational activity of the company does not
involve large energy consumption. In any case, conservation of energy is considered to be a priority and therefore ensuring minimum
consumption by way of better energy conservation programs, training/ awareness of the employees, layout of machines and prompt upkeep is a
continuous exercise. B) Technology Absorption The Company is taking care of latest development and advancements in technology and all steps
are being taken to adopt the same. C Foreign Exchange Earning and Out Go ParticularsFor the period from 1-04-2013 to 31-03-2014 For the
period from 1-04-2012 to 31-03-2013 (Rs. In millions) Foreign Exchange Earning31, 00420,053 Foreign Exchange Outgo: a. Assets47111 b.
Travelling-1 c. Training20391 d. Technical3,0952,025 Others -4

Particulars of employees as per provisions of section 217
Information Pursuant to Section 217(2A) of the Companies Act,1956 read with the Companies (Particulars of Employees) Rules, 1975 and
forming part of the Directors' Report for the year ended 31st March, 2013. Employed throughout the year and were in receipt of remuneration for
the year which, in the aggregate, was not less than Rs. Sixty lacs or Employed for a part of the financial year was in receipt of remuneration for
a.ny part of the year which in the aggregate, was not less than five lacs . Financial Year : 2013-14 ( Amount : In Millions) Name of the Employee
(Age) Designation / Nature of Duties Gross Remuneration ` Qualification(s) Experience (Years) Date of Commencement of Employment
Particulars of Previous Employment Abhay Kumar VaishWholetime director13ProfessionalNA16-06-2010NA Debasish Roy Chowdhury
Wholetime director18ProfessionalNA25-10-2010NA Amitabh RayWholetime director25ProfessionalNA16-06-2010NA Mats Robert Agervi
Managing director34ProfessionalNA02.07.2010NA

Disclosures in director?s responsibility statement
Pursuant to Section 134(5) of the Companies Act, 2013, your Directors state that: (a) in the preparation of the annual accounts, the applicable
accounting standards had been followed along with proper explanation relating to material departures; (b) the directors had selected such
accounting policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair
view of the state of affairs of the company at the end of the financial year and of the profit and loss of the company for that period; (c) the
directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of this Act for
safeguarding the assets of the company and for preventing and detecting fraud and other irregularities; (d) the directors had prepared the annual
accounts on a going concern basis; and (e) the directors had devised proper systems to ensure compliance with the provisions of all applicable
laws and that such systems were adequate and operating effectively.
17
[400200] Disclosures - Auditors report

Details regarding auditors [Table]
..(1)

Auditors [Axis]
01/04/2013
to
31/03/2014
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor
Auditors firm
Price Waterhouse &
Co
Harinderjit Singh
304026E
86994
Building 8, 7Th
Floor, Tower B,
Dlfcyber City
AAHFP0187A
S26083907
25/06/2014
25/06/2014
Name of audit firm

Name of auditor signing report
Firms registration number of audit firm
Membership number of auditor
Address of auditors
Permanent account number of auditor or auditor's firm
SRN of form 23B
Date of signing audit report by auditors
Date of signing of balance sheet by auditors
18
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table]
..(1)

Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis]
Auditor's
favourable remark
[Member]
Clause not
applicable
[Member]
01/04/2013
to
31/03/2014
01/04/2013
to
31/03/2014
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in

auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in
auditors' report [LineItems]
Disclosure in auditors report relating to fixed assets
Disclosure relating to quantitative details of fixed assets
Disclosure relating to physical verification and material discrepancies of fixed

assets
Disclosure relating to fixed assets disposed off
Disclosure in auditors report relating to inventories
Disclosure of physical verification of inventories at fixed intervals
Disclosure of procedure followed for physical verification of inventories
19
The Company is
maintaining proper
records showing full
particulars, including
quantitative details
and situation, of
fixed assets.
The Company is
maintaining proper
records showing full
particulars, including
quantitative details
and situation, of
fixed assets.
Textual information
(6) [See below]
In our opinion, and
according to the
information
and
explanations given
to us, a substantial
part of fixed assets
has
not
been
disposed off by the
Company during the
year.
The Company is in
the business of
rendering services,
and consequently,
does not hold any
inventory. Therefore,
the provisions of
Clause 4 (ii) of the
said Order are not
applicable to the
company.
The Company is in
the business of
rendering services,
and consequently,
does not hold any
the provisions of
said Order are not
applicable to the
company.
The Company is in
the business of
rendering services,
and consequently,
does not hold any
the provisions of
said Order are not
applicable to the
company.
The Company is in
the business of
rendering services,
and consequently,
does not hold any
the provisions of
said Order are not
applicable to the
company.
Textual information
(7) [See below]
Textual information
(8) [See below]
Textual information
(9) [See below]
Textual information
(10) [See below]
Textual information
(11) [See below]
Disclosure about maintenance of inventory records and material discrepancies
Disclosure in auditors report relating to loans

Disclosure about loans granted or taken by parties covered under section 301 of
companies act
Disclosure regarding terms and conditions of loans granted or taken
Disclosure regarding terms of payment of loans granted or taken
Disclosure regarding terms of recovery of loans granted or taken
Disclosure in auditors report relating to internal control system
Disclosure in auditors report relating to contracts and arrangements under

section 301 of companies act
Disclosure relating to presence of register for necessary transactions
Disclosure relating to reasonability of transactions
Textual information
(12) [See below]
According to the
information
and
explanations given
to us, there have
been no contracts or
arrangements that
need to be entered in
the
register
maintained
under
Section 301 of the
Act.
According to the
information
and
explanations given
to us, there have
been no contracts or
arrangements that
need to be entered in
the
register
maintained
under
Section 301 of the
Act.
Textual information
(13) [See below]
The Company has
not accepted any
deposits from the
public within the
meaning of Sections
58A and 58AA of
the Act and the rules
framed there under.
Disclosure in auditors report relating to deposits accepted from public
Disclosure in auditors report relating to companies internal audit system
Disclosure in auditors report relating to maintenance of cost records

Disclosure in auditors report relating to statutory dues
Disclosure relating to regularity in payment of undisputed statutory dues
Disclosure relating to disputed statutory dues
20
In our opinion, the

internal audit system
of the Company is
commensurate with
its size and nature of
business. However,
the scope of internal
audit
requires
strengthening
in
terms of additional
areas.
Textual information
(14) [See below]
Textual information
(15) [See below]
Textual information
(16) [See below]
Textual information
(17) [See below]
As the Company is
registered for a
period less than five
years, the provision
of clause 4(x) of the
Order
are
not
applicable to the
Company.
Textual information
(18) [See below]
Textual information
(19) [See below]
Textual information
(20) [See below]
Textual information
(21) [See below]
Textual information
(22) [See below]
Textual information
(23) [See below]
Textual information
(24) [See below]
Textual information
(25) [See below]
Textual information
(26) [See below]
The Company has
not raised any term
loans. Accordingly,
the provisions of
Clause 4(xvi) of the
Order
are
not
applicable to the
Company.
The Company has
not raised any loans
on short term basis.
Accordingly,
the
provisions of Clause
4(xvii) of the Order
are not applicable to
the Company.
Textual information
(27) [See below]
Textual information
(28) [See below]
The Company has
not raised any
money by public
issues during the
year. Accordingly,
the provisions of
Clause 4(xx) of the
Order
are
not
applicable to the
Company.
Disclosure in auditors report relating to accumulated losses
Disclosure in auditors report relating to default in repayment of financial dues

Disclosure in auditors report relating to loans and advances granted by way
of pledge of shares debentures and other securities
Disclosure in auditors report relating to provisions under special statute
Disclosure relating to net owned fund to deposit liability ratio
Disclosure relating to income recognition and provisioning against assets
Disclosure relating to credit appraisal procedure
Disclosure relating to repayment schedule and procedure of recovery
Disclosure in auditors report relating to adequacy of records maintained by share
trading companies
Disclosure in auditors report relating to guarantee given
Disclosure in auditors report relating to term loans used for purpose other than
for purpose they were raised
Disclosure in auditors report relating to nature and amount of fund raised

for short-term has been used for long-term or vice versa
Disclosure in auditors report relating to preferential allotment of shares

Disclosure in auditors report relating to securities created against debentures
issued
Disclosure in auditors report relating to purpose and end use of money raised
through public issues
Disclosure in auditors report relating to any material fraud reported during period
Textual information
(29) [See below]

01/04/2013
to
31/03/2014
Textual
information
[See below]
Yes
Disclosure in auditor?s report explanatory [TextBlock]

Whether companies auditors report order is applicable on company
Whether auditors' report has been qualified or has any reservations or
contains adverse remarks
No
21
(30)

Disclosure relating to physical verification and material discrepancies of fixed assets
(b) The fixed assets are physically verified by the Management according to a phased programme designed to cover all the items over a period of
three years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the programme,
a portion of the fixed assets has been physically verified by the Management during the year and no material discrepancies have been noticed on
such verification.

Disclosure in auditors report relating to loans
The Company has not granted/taken any loans, secured or unsecured, to companies, firms or other parties covered in the register maintained under
Section 301 of the Act. Therefore, the provisions of Clause 4(iii) (b), (c) and (d)/ (f) and (g) of the said Order are not applicable to the company

Disclosure about loans granted or taken by parties covered under section 301 of companies act

Disclosure regarding terms and conditions of loans granted or taken

Disclosure regarding terms of payment of loans granted or taken

Disclosure regarding terms of recovery of loans granted or taken

Disclosure in auditors report relating to internal control system
In our opinion , and according to the information and explanations given to us, there is an adequate internal control system commensurate with
the size of the Company and the nature of its business for the purchase of fixed assets and for the sale of services. Further, on the basis of our
examination of the books and records of the Company, and according to the information and explanations given to us, we have neither come
across, nor have been informed of, any continuing failure to correct major weaknesses in the aforesaid internal control system.
22

Disclosure relating to reasonability of transactions
In our opinion, and according to the information and explanations given to us, there are no transactions made in pursuance of such contracts or
arrangements exceeding the value of Rupees Five Lakhs in respect of any party during the year.

Disclosure in auditors report relating to maintenance of cost records
The Central Government of India has not prescribed the maintenance of cost records under clause (d) of sub-section (1) of Section 209 of the Act
for any of the products of the Company.

Disclosure in auditors report relating to statutory dues
According to the information and explanations given to us and the records of the Company examined by us, in our opinion, the Company is
regular in depositing undisputed statutory dues including provident fund, investor education and protection fund, employee?s state insurance,
income tax, sales tax, wealth tax, service tax , customs duty, excise duty and other material statutory dues, as applicable, with the appropriate
authorities.

Disclosure relating to regularity in payment of undisputed statutory dues
According to the information and explanations given to us and the records of the Company examined by us, in our opinion, the Company is
regular in depositing undisputed statutory dues including provident fund, investor education and protection fund, employee?s state insurance,
income tax, sales tax, wealth tax, service tax , customs duty, excise duty and other material statutory dues, as applicable, with the appropriate
authorities.

Disclosure relating to disputed statutory dues
According to the information and explanations given to us and the records of the Company examined by us, there are no dues of income-tax,
sales-tax, wealth tax , service-tax, customs duty, and excise duty which have not been deposited on account of any dispute.

Disclosure in auditors report relating to default in repayment of financial dues
As the company does not have any borrowing from any financial institution or bank nor has it issued any debentures as at the balance sheet date,
the provision of Clause 4(xi) of the Order not applicable to the Company.

Disclosure in auditors report relating to loans and advances granted by way of pledge of shares debentures and other
securities
The Company has not granted any loans and advances on the basis of security by way of pledge of shares, debentures and other securities.
Therefore, the provisions of Clause 4(xii) of the Order are not applicable to the Company
23

Disclosure in auditors report relating to provisions under special statute
As the provisions of any special statute applicable to chit fund/ nidhi / mutual benefit fund/ societies are not applicable to the Company, the
provisions of Clause 4(xiii) of the Order are not applicable to the Company.

Disclosure relating to net owned fund to deposit liability ratio

Disclosure relating to income recognition and provisioning against assets

Disclosure relating to credit appraisal procedure

Disclosure relating to repayment schedule and procedure of recovery

Disclosure in auditors report relating to adequacy of records maintained by share trading companies
In our opinion, the Company is not dealing in or trade in shares, securities, debentures and other investments. Accordingly, the provisions of
Clause 4(xiv) of the Order are not applicable to the Company.

Disclosure in auditors report relating to guarantee given
In our opinion, and according to the information and explanations given to us, the Company has not given any guarantee for loans taken by others
from banks or financial institutions during the year. Accordingly, the provisions of Clause 4(xv) of the Order are not applicable to the Company.

Disclosure in auditors report relating to preferential allotment of shares
The Company has not made any preferential allotment of shares to parties and companies covered in the register maintained under Section 301 of
the Act during the year. Accordingly, the provisions of Clause 4(xviii) of the Order are not applicable to the Company.
24

Disclosure in auditors report relating to securities created against debentures issued
The Company has not issued any debentures during the year and does not have any debentures outstanding as at the beginning of the year and at
the year end. Accordingly, the provisions of Clause 4(xix) of the Order are not applicable to the Company.

Disclosure in auditors report relating to any material fraud reported during period
During the course of our examination of the books and records of the Company, carried out in accordance with the generally accepted auditing
practices in India , and according to the information and explanations given to us, we have neither come across any instance of material fraud on
or by the Company, noticed or reported during the year, nor have we been informed of any such case by the Management.
25

Disclosure in auditor?s report explanatory [Text Block]
INDEPENDENT AUDITORS REPORT
To the Members of Ericsson India Global Services Private Limited
Report on the Financial Statements
1.
We have audited the accompanying financial statements of Ericsson India Global Services Private Limited (the Company),
which comprise the Balance Sheet as at March 31, 2014, and the Statement of Profit and Loss and Cash Flow Statement for
the year then ended, and a summary of significant accounting policies and other explanatory information, which we have
signed under reference to this report.
Managements Responsibility for the Financial Statements

2.
The Companys Management is responsible for the preparationof these financial statements that give a true and fair view of
the financial position, financial performance and cash flows of the Company in accordance with the Accounting Standards
notified under the Companies Act, 1956 (the Act) read with the General Circular 15/2013 dated September 13, 2013 of the
Ministry of Corporate Affairs in respect of Section 133 of the Companies Act, 2013.This responsibility includes the design,
implementation and maintenance of internal control relevant to the preparation and presentation of the financial statements that
give a true and fair view and are free from material misstatement, whether due to fraud or error.
Auditors Responsibility
3.
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in
accordance with the Standards on Auditing and other applicable authoritative pronouncements issued by the Institute of
Chartered Accountants of India. Those Standards require that we comply with ethical requirements and plan and perform the
audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.
4.
An audit involves performing procedures to obtain audit evidence, about the amounts and disclosures in the financial
statements. The procedures selected depend on the auditors judgment, including the assessment of the risks of material
misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditors
consider internal control relevant to the Companys preparation and fair presentation of the financial statements in order to
design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the entitys internal control. An audit also includes evaluating the appropriateness of accounting policies used
and the reasonableness of the accounting estimates made by Management, as well as evaluating the overall presentation of the
financial statements.
5.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
6.
In our opinion, and to the best of our information and according to the explanations given to us, the accompanying financial
statements give the information required by the Act in the manner so required and give a true and fair view in conformity with
the accounting principles generally accepted in India:
(a) in the case of the Balance Sheet, of the state of affairs of the Company as at March 31, 2014;
(b) in the case of the Statement of Profit and Loss, of the profit for the year ended on that date; and
(c) in the case of the Cash Flow Statement, of the cash flows for the year ended on that date.
Report on Other Legal and Regulatory Requirements

7.
As required by the Companies (Auditors Report) Order, 2003, as amended by the Companies (Auditors Report) (Amendment)
26
Order, 2004, issued by the Central Government of India in terms of sub-section (4A) of section 227 of the Act (hereinafter
referred to as the Order), and on the basis of such checks of the books and records of the Company as we considered
appropriate and according to the information and explanations given to us, we give in the Annexure a statement on the matters
specified in paragraphs 4 and 5 of the Order.
8. As required by section 227(3) of the Act, we report that:
(a) We have obtained all the information and explanations which, to the best of our knowledge and belief, were necessary for
the purpose of our audit;
(b) In our opinion, proper books of account as required by law have been kept by the Company so far as appears from our
examination of those books;
(c) The Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement dealt with by this Report are in agreement
with the books of account;
(d) In our opinion, the Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement dealt with by this report comply
with the Accounting Standards notified under the Companies Act, 1956 read with the General Circular 15/2013 dated
September 13, 2013 of the Ministry of Corporate Affairs in respect of Section 133 of the Companies Act, 2013;
(e) On the basis of written representations received from the directors as on March 31, 2014, and taken on record by the Board
of Directors, none of the directors is disqualified as on March 31, 2014, from being appointed as a director in terms of
clause (g) of sub-section (1) of section 274 of the Act.
For Price Waterhouse & Co.
Firm Registration Number: 304026E
Chartered Accountants
Harinderjit Singh
Place: Gurgaon
Partner
Date: June 25, 2014
Membership Number: 086994
Annexure to Independent Auditors Report

Referred to in paragraph 7 of the Independent Auditors Report of even date to the members of Ericsson India Global Services
Private Limited on the financial statements as of and for the year ended March 31, 2014
i.
(a) The Company is maintaining proper records showing full particulars, including quantitative details and situation, of fixed
assets.
(b) The fixed assets are physically verified by the Management according to a phased programme designed to cover all the
items over a period of three years which, in our opinion, is reasonable having regard to the size of the Company and the
nature of its assets. Pursuant to the programme, a portion of the fixed assets has been physically verified by the
Management during the year and no material discrepancies have been noticed on such verification.
(c)
In our opinion, and according to the information and explanations given to us, a substantial part of fixed assets has not
been disposed off by the Company during the year.
27
ii.
The Company is in the business of rendering services, and consequently, does not hold any inventory. Therefore, the
provisions of Clause 4 (ii) of the said Order are not applicable to the company.
iii.
The Company has not granted/taken any loans, secured or unsecured, to companies, firms or other parties covered in the
register maintained under Section 301 of the Act. Therefore, the provisions of Clause 4(iii) (b), (c) and (d)/ (f) and (g) of
the said Order are not applicable to the company.
iv
In our opinion , and according to the information and explanations given to us, there is an adequate internal control
system commensurate with the size of the Company and the nature of its business for the purchase of fixed assets and for
the sale of services. Further, on the basis of our examination of the books and records of the Company, and according to
the information and explanations given to us, we have neither come across, nor have been informed of, any continuing
failure to correct major weaknesses in the aforesaid internal control system.
v. (a)
According to the information and explanations given to us, there have been no contracts or arrangements that need to be
entered in the register maintained under Section 301 of the Act.
(b)
In our opinion, and according to the information and explanations given to us, there are no transactions made in pursuance
of such contracts or arrangements exceeding the value of Rupees Five Lakhs in respect of any party during the year.
vi.
The Company has not accepted any deposits from the public within the meaning of Sections 58A and 58AA of the Act
and the rules framed there under.
vii.
In our opinion, the internal audit system of the Company is commensurate with its size and nature of business. However,
the scope of internal audit requires strengthening in terms of additional areas.
viii
The Central Government of India has not prescribed the maintenance of cost records
under clause (d) of sub-section (1) of Section 209 of the Act for any of the products of the
Company.

Page 2 of 3
ix.
(a) According to the information and explanations given to us and the records of the Company examined by us, in our
opinion, the Company is regular in depositing undisputed statutory dues including provident fund, investor education and
protection fund, employees state insurance, income tax, sales tax, wealth tax, service tax , customs duty, excise duty and
other material statutory dues, as applicable, with the appropriate authorities.
28
(b) According to the information and explanations given to us and the records of the Company
examined by us, there are no dues of income-tax, sales-tax, wealth tax , service-tax, customs duty,
and excise duty which have not been deposited on account of any dispute.
x.
As the Company is registered for a period less than five years, the provision of clause 4(x) of the
Order are not applicable to the Company.
xi.
As the company does not have any borrowing from any financial institution or bank nor has it issued any debentures as at
the balance sheet date, the provision of Clause 4(xi) of the Order not applicable to the Company.
xii.
The Company has not granted any loans and advances on the basis of security by way of pledge of shares, debentures and
other securities. Therefore, the provisions of Clause 4(xii) of the Order are not applicable to the Company
xiii.
As the provisions of any special statute applicable to chit fund/ nidhi / mutual benefit fund/ societies are not applicable to
the Company, the provisions of Clause 4(xiii) of the Order are not applicable to the Company.
xiv.
In our opinion, the Company is not dealing in or trade in shares, securities, debentures and other investments.
Accordingly, the provisions of Clause 4(xiv) of the Order are not applicable to the Company.
xv.
In our opinion, and according to the information and explanations given to us, the Company has not given any guarantee
for loans taken by others from banks or financial institutions during the year. Accordingly, the provisions of Clause 4(xv)
of the Order are not applicable to the Company.
xvi.
The Company has not raised any term loans. Accordingly, the provisions of Clause 4(xvi) of the Order are not applicable
to the Company.
xvii.
The Company has not raised any loans on short term basis. Accordingly, the provisions of Clause 4(xvii) of the Order are
not applicable to the Company.
xviii.
The Company has not made any preferential allotment of shares to parties and companies covered in the register
maintained under Section 301 of the Act during the year. Accordingly, the provisions of Clause 4(xviii) of the Order are
not applicable to the Company.
xix.
The Company has not issued any debentures during the year and does not have any debentures outstanding as at the
beginning of the year and at the year end. Accordingly, the provisions of Clause 4(xix) of the Order are not applicable to
the Company.
xx.
The Company has not raised any money by public issues during the year. Accordingly, the provisions of Clause 4(xx) of
the Order are not applicable to the Company.
29

Page 3 of 3
xxi.
During the course of our examination of the books and records of the Company, carried out in
accordance with the generally accepted auditing practices in India , and according to the
information and explanations given to us, we have neither come across any instance of material
fraud on or by the Company, noticed or reported during the year, nor have we been informed of
any such case by the Management.
Firm Registration Number: 304026E
Harinderjit Singh
Place: Gurgaon
Partner
Date: June 25, 2014
Membership Number 086994
30
[100100] Balance sheet

31/03/2014
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital
Reserves and surplus
Total shareholders' funds
Share application money pending allotment
Non-current liabilities [Abstract]
Long-term borrowings
Other long-term liabilities
Long-term provisions
Total non-current liabilities
Current liabilities [Abstract]
Short-term borrowings
Trade payables
Other current liabilities
Short-term provisions
Total current liabilities
Total equity and liabilities
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets
Intangible assets
Total fixed assets
Non-current investments
Deferred tax assets (net)
Long-term loans and advances
Total non-current assets
Current assets [Abstract]
Current investments
Inventories
Trade receivables
Cash and bank balances
Short-term loans and advances
Other current assets
Total current assets
Total assets
Footnotes
(A) Refer Note 35
(B) Refer Note 35
31
31/03/2013
388.53
8,781.47
9,170
0
388.53
4,462.47
4,851
0
0
0
431
431
0
0
277
277
(A) 3,035
2,581
80
5,696
15,297
(B) 2,308
878
329
3,515
8,643
2,319
230
2,549
0
511
561
3,621
2,405
74
2,479
0
230
330
3,039
0
0
6,184
4,421
697
374
11,676
15,297
0
0
4,108
1,003
242
251
5,604
8,643
[400300] Disclosures - Signatories of balance sheet

Details of directors signing balance sheet [Table]
..(1)

Directors signing balance sheet [Axis]
Details of signatories of balance sheet [Abstract]

Details of directors signing balance sheet [Abstract]
Details of directors signing balance sheet [LineItems]
Name of director signing balance sheet [Abstract]
First name of director
Middle name of director
Last name of director
Designation of director
Director identification number of director
Date of signing of balance sheet by director
01
02
01/04/2013
to
31/03/2014
01/04/2013
to
31/03/2014
Mats
Robert
Agervi
Managing Director
03034679
25/06/2014
Debasish
Roy
Chowdhury
Director
00467690
25/06/2014

01/04/2013
to
31/03/2014
Name of company secretary
Permanent account number of company secretary
Date of signing of balance sheet by company secretary
AMIT SHANKAR KASHYAP

ANGPK7277C
25/06/2014
32
[100400] Cash flow statement, indirect

01/04/2013
to
31/03/2014
Statement of cash flows [Abstract]
Cash flows from used in operating activities [Abstract]
Profit before extraordinary items and tax
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for finance costs
Adjustments for depreciation and amortisation expense
Adjustments for impairment loss reversal of impairment loss
recognised in profit or loss
Adjustments for unrealised foreign exchange losses gains
Other adjustments for which cash effects are investing or
financing cash flow
Other adjustments to reconcile profit (loss)
01/04/2012
to
31/03/2013
5,499
3,361
(A) -255
(B) -67
(C) 1,365
(D) 878
(E) 15
(F) 19
214
33
(G) 702
Other adjustments for non-cash items

Total adjustments to profit (loss)
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in trade receivables
Adjustments for decrease (increase) in other current and
non-current assets
Adjustments for increase (decrease) in trade payables
Adjustments for increase (decrease) in other current and
non-current liabilities
Adjustments for provisions
Total adjustments for working capital
Total adjustments for reconcile profit (loss)
Net cash flows from (used in) operations
Income taxes (paid) refund
Net cash flows from (used in) operating activities before extraordinary
items
Net cash flows from (used in) operating activities
Cash flows from used in investing activities [Abstract]
Purchase of tangible assets
Proceeds from sales of intangible assets
Interest received
Net cash flows from (used in) investing activities before extraordinary
items
Net cash flows from (used in) investing activities
Net increase (decrease) in cash and cash equivalents before effect of
exchange rate changes
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents cash flow statement at end of period
33
31/03/2012
(H) 0
(I) 179
2,220
(J) 148
1,011
-3,001
-1,217
(K) -433
(L) -1,575
736
878.99
1,704
254
0
-994
1,226
6,725
2,111
1,195.01
-464
547
3,908
1,209
4,614
2,699
4,614
2,699
1,457
7
254
1,891
2
67
-1,196
-1,822
-1,196
-1,822
3,418
877
3,418
4,421
877
1,003
126
Footnotes
(A) Interest income
(B) Interest income
(C) Includes 1309 for depreciation and 56 for amortisation
(D) Includes 867 for depreciation and 11 for amortisation
(E) Loss on sale of fixed assets
(F) Loss on sale of fixed assets
(G) It includes Provision for doubtful debts as 442 and bad debt written off as 260.
(H) Provision for doubtful debts
(I) Provision for gratuity and leave encashment
(J) Provision for gratuity and leave encashment
(K) It includes ( Increase ) in long term loans and advances as (231) , (Increase) in other current assets as ( 123) and ( Increase) in short
term loans and advances as (79)
(L) It includes ( Increase ) in long term loans and advances as (117) , (Increase) in other current assets as ( 169) and ( Increase) in short
term loans and advances as (1289)
34
[200100] Notes - Share capital

Disclosure of classes of share capital [Table]
..(1)

Classes of share capital [Axis]
Share capital [Member]
01/04/2013
to
31/03/2014
Equity shares [Member]
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
Disclosure of classes of share capital [Abstract]

Disclosure of classes of share capital [LineItems]
Number of shares authorised
Value of shares authorised
Number of shares issued
Value of shares issued
Number of shares subscribed and fully paid
Value of shares subscribed and fully paid
Number of shares subscribed but not fully paid
Value of shares subscribed but not fully paid
Total number of shares subscribed
Total value of shares subscribed
Value of shares paid-up [Abstract]
Number of shares paid-up
Value of shares called
Calls unpaid [Abstract]
Calls unpaid by directors and officers
[Abstract]
Calls unpaid by directors
Calls unpaid by officers
Total calls unpaid by directors and
officers
Calls unpaid by others
Total calls unpaid
Forfeited shares
Forfeited shares reissued
Value of shares paid-up
Reconciliation of number of shares outstanding
[Abstract]
Changes in number of shares outstanding
[Abstract]
Increase in number of shares outstanding
[Abstract]
Number of shares issued in public offering
Number of shares issued as bonus shares
Number of shares issued as rights
Number of shares issued in private
placement
Number of shares issued as preferential
allotment
Number of shares allotted for
contracts without payment received
in cash
Number of shares issued under scheme of
amalgamation
Number of other issues of shares
Number of shares arising out of
conversion of securities
Total aggregate number of shares issued
during period
Decrease in number of shares during period
[Abstract]
Number of shares bought back
Other decrease in number of shares
[shares]
[shares]
[shares] 10,00,00,000
[shares] 10,00,00,000
10,00,00,000
10,00,00,000
1,000
1,000
1,000
1,000
[shares] 3,88,53,000 [shares] 3,88,53,000 [shares] 3,88,53,000 [shares] 3,88,53,000
388.53
388.53
388.53
388.53
388.53
388.53
388.53
388.53
[shares] 0
[shares] 0
[shares] 0
[shares] 0
0
0
0
0
388.53
388.53
388.53
388.53
[shares] 3,88,53,000
388.53
35
[shares] 3,88,53,000 [shares] 3,88,53,000

388.53
388.53
[shares] 3,88,53,000
388.53
0
0
0
0
0
0
0
0
0
0
0
0
388.53
0
0
0
0
388.53
0
0
0
0
388.53
0
0
0
0
388.53
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
Total decrease in number of shares during

period
Total increase (decrease) in number of
shares outstanding
Number of shares outstanding at end of period
Reconciliation of value of shares outstanding
[Abstract]
Changes in share capital [Abstract]
Increase in share capital during period
[Abstract]
Amount of public issue during period
Amount of bonus issue during period
Amount of rights issue during period
Amount of private placement issue during
period
Amount of preferential allotment issue
during period
Amount of issue allotted for
contracts without payment
received in cash during period
Amount of issue under scheme of
amalgamation during period
Amount of other issues during period
Amount of issue arising out of
conversion of securities during
period
Total aggregate amount of increase in
share capital during period
Decrease in share capital during period
[Abstract]
Decrease in amount of shares bought back
Other decrease in amount of shares
Total decrease in share capital during
period
Total increase (decrease) in share capital
Share capital at end of period
Shares in company held by holding company or
ultimate holding company or by its subsidiaries
or associates [Abstract]
Shares in company held by holding company
Shares in company held by ultimate holding
company
Shares in company held by subsidiaries of its
holding company
Shares in company held by subsidiaries of its
ultimate holding company
Shares in company held by associates of its
holding company
Shares in company held by associates of its
ultimate holding company
Total shares in company held by holding company
or ultimate holding company or by its
subsidiaries or associates
Shares reserved for issue under options
and contracts or commitments for sale of
shares or disinvestment
Amount of shares reserved for issue under options
and contracts or commitments for sale of shares or
disinvestment
Aggregate number of fully paid-up shares
issued pursuant to contracts without
payment being received in cash
Aggregate number of fully paid-up shares
issued by way of bonus shares
Aggregate number of shares bought back
Original paid-up value of forfeited shares
Details of application money received for
allotment of securities and due for refund and
interest accrued thereon [Abstract]
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 3,88,53,000 [shares] 3,88,53,000
[shares] 3,88,53,000
[shares] 3,88,53,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
388.53
0
388.53
0
388.53
0
388.53
[shares] 3,88,52,999 [shares] 3,88,52,999
[shares] 3,88,52,999
[shares] 3,88,52,999
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 1
[shares] 1
[shares] 1
[shares] 1
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 3,88,53,000 [shares] 3,88,53,000
[shares] 3,88,53,000
[shares] 3,88,53,000
36
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
Application money received for allotment of

securities and due for refund and interest
accrued thereon [Abstract]
Application money received for
allotment of securities and due for
refund, principal
Application money received for
allotment of securities and due for
refund, interest accrued
Total application money received for
allotment of securities and due for refund
and interest accrued thereon
Number of shares proposed to be issued
Share premium for shares to be allotted
37
[shares] 0
0
[shares] 0
0
[shares] 0
0
[shares] 0
0
Disclosure of classes of share capital [Table]
..(2)

Equity shares 1 [Member]
01/04/2013
to
31/03/2014
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Type of share
01/04/2012
to
31/03/2013
Equity
Number of shares authorised

Value of shares authorised
Number of shares issued
Value of shares issued
Number of shares subscribed and fully paid
Value of shares subscribed and fully paid
Number of shares subscribed but not fully paid
Value of shares subscribed but not fully paid
Total number of shares subscribed
Total value of shares subscribed
Value of shares paid-up [Abstract]
Number of shares paid-up
Value of shares called
Calls unpaid [Abstract]
Calls unpaid by directors and officers [Abstract]
Calls unpaid by directors
Calls unpaid by officers
Total calls unpaid by directors and officers
Calls unpaid by others
Total calls unpaid
Forfeited shares
Forfeited shares reissued
Value of shares paid-up
Par value per share
Details of shares not fully called [Abstract]
Amount per share called
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Increase in number of shares outstanding [Abstract]
Number of shares issued in public offering
Number of shares issued as bonus shares
Number of shares issued as rights
Number of shares issued in private placement
Number of shares issued as preferential allotment
Number of shares allotted for contracts without payment received in cash
Number of shares issued under scheme of amalgamation
Number of other issues of shares
Number of shares arising out of conversion of securities
Total aggregate number of shares issued during period
Decrease in number of shares during period [Abstract]
Number of shares bought back
Other decrease in number of shares
Total decrease in number of shares during period
Total increase (decrease) in number of shares outstanding
Number of shares outstanding at end of period
Reconciliation of value of shares outstanding [Abstract]
Changes in share capital [Abstract]
Increase in share capital during period [Abstract]
Amount of public issue during period
Amount of bonus issue during period
Amount of rights issue during period
Amount of private placement issue during period
Amount of preferential allotment issue during period
38
Equity
[shares]
[shares] 10,00,00,000
10,00,00,000
1,000
1,000
[shares] 3,88,53,000 [shares] 3,88,53,000
388.53
388.53
[shares] 3,88,53,000 [shares] 3,88,53,000
388.53
388.53
[shares] 0
[shares] 0
0
0
[shares] 3,88,53,000 [shares] 3,88,53,000
388.53
388.53
[shares] 3,88,53,000
388.53
[shares] 3,88,53,000
388.53
0
0
0
0
0
0
0
388.53
[INR/shares] 10
0
0
0
0
0
0
0
388.53
[INR/shares] 10
[INR/shares] 0
[INR/shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 3,88,53,000
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 3,88,53,000
0
0
0
0
0
0
0
0
0
0
Amount of issue allotted for contracts without payment received in cash

during period
Amount of issue under scheme of amalgamation during period
Amount of other issues during period
Amount of issue arising out of conversion of securities during period
Total aggregate amount of increase in share capital during period
Decrease in share capital during period [Abstract]
Decrease in amount of shares bought back
Other decrease in amount of shares
Total decrease in share capital during period
Total increase (decrease) in share capital
Share capital at end of period
Shares in company held by holding company or ultimate holding company or by its
subsidiaries or associates [Abstract]
Shares in company held by holding company
Shares in company held by ultimate holding company
Shares in company held by subsidiaries of its holding company
Shares in company held by subsidiaries of its ultimate holding company
Shares in company held by associates of its holding company
Shares in company held by associates of its ultimate holding company
Total shares in company held by holding company or ultimate holding company
or by its subsidiaries or associates
Shares reserved for issue under options and contracts or commitments for sale of
shares or disinvestment
Amount of shares reserved for issue under options and contracts or commitments
for sale of shares or disinvestment
Aggregate number of fully paid-up shares issued pursuant to contracts without
payment being received in cash
Aggregate number of fully paid-up shares issued by way of bonus shares
Aggregate number of shares bought back
Original paid-up value of forfeited shares
Details of application money received for allotment of securities and due for
refund and interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund and
interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund,
principal
Application money received for allotment of securities and due for refund,
interest accrued
Total application money received for allotment of securities and due for
refund and interest accrued thereon
Number of shares proposed to be issued
Share premium for shares to be allotted
0
0
0
0
0
0
0
0
0
0
0
0
388.53
0
0
0
0
388.53
[shares] 3,88,52,999
[shares] 0
[shares] 1
[shares] 0
[shares] 0
[shares] 0
[shares] 3,88,52,999
[shares] 0
[shares] 1
[shares] 0
[shares] 0
[shares] 0
[shares] 3,88,53,000
[shares] 3,88,53,000
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
[shares] 0
0
[shares] 0
[shares] 0
0
[shares] 0
0
[shares] 0
0
Disclosure of shareholding more than five per cent in company [Table]
..(1)

Name of shareholder [Axis]
Equity shares [Member]

Shareholder 1 [Member]
31/03/2014
Disclosure of shareholding more than five per cent in
company [Abstract]
Disclosure of shareholding more than five per cent
in company [LineItems]
Type of share
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
EQUITY
EQUITY
Telefonaktiebolaget
Telefonaktiebolaget L
L M Ericsson ,
M Ericsson , Sweden
Sweden
Name of shareholder
Country of incorporation or residence of
shareholder
Number of shares held in company
Percentage of shareholding in company
31/03/2013
Equity shares 1 [Member]

Shareholder 1 [Member]
SWEDEN
[shares] 3,88,52,999
39
[shares] 3,88,52,999 [shares] 3,88,52,999

99.99%
SWEDEN
[shares] 3,88,52,999
99.99%

01/04/2013
to
31/03/2014
Disclosure of notes on share capital explanatory [TextBlock]
Whether there are any shareholders holding more than five per cent
shares in company
Whether money raised from public offering during year
01/04/2012
to
31/03/2013
Yes
Yes
No
No
[200200] Notes - Reserves and surplus

Statement of changes in reserves [Table]
..(1)

Components of reserves [Axis]
Reserves [Member]
01/04/2013
to
31/03/2014
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period
Other additions to reserves
Total additions to reserves
Total changes in reserves
Reserves at end of period
4,319
0.47
4,319.47
4,319.47
8,781.47
Capital reserves [Member]
01/04/2012
to
31/03/2013
2,290
0.47
2,290.47
2,290.47
4,462.47
01/04/2013
to
31/03/2014
(A) 0.47
0.47
0.47
0.47
01/04/2012
to
31/03/2013
(B) 0.47
0.47
0.47
0.47
(A) 0.47 has been added with a view to recoucile the share capital difference appearing in XBRL format which is (389- 388.53) = 0.47
(B) 0.47 has been added with a view to recoucile the share capital difference appearing in XBRL format which is (389- 388.53) = 0.47
Statement of changes in reserves [Table]
..(2)

Components of reserves [Axis]
Surplus [Member]
01/04/2013
to
31/03/2014
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Total additions to reserves
Total changes in reserves
Reserves at end of period
4,319
4,319
4,319
8,781
40
01/04/2012
to
31/03/2013
2,290
2,290
2,290
4,462
31/03/2012
2,172
[201000] Notes - Tangible assets

Disclosure of tangible assets [Table]
..(1)

Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]
Company total tangible assets [Member]

Owned and leased assets [Member]
Gross carrying amount
Accumulated depreciation and
Carrying amount [Member]
[Member]
impairment [Member]
01/04/2013
to
31/03/2014
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible
assets
Depreciation tangible assets
Impairment loss
recognised in profit or
loss tangible assets
Reversal of impairment loss
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Other adjustments tangible
assets [Abstract]
assets, others
Total other adjustments
tangible assets
Total changes in tangible
assets
Tangible assets at end of period
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2012
to
31/03/2013
1,245
1,831
-1,309
-867
1,309
867
22
21
63
50
41
29
22
21
63
50
41
29
-86
943
1,182
1,781
1,268
838
2,319
2,405
4,725
3,543
2,406
1,138
41
1,245
01/04/2013
to
31/03/2014
1,831
..(2)

Company total tangible assets [Member]

Owned assets [Member]
[Member]
impairment [Member]
01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2012
to
31/03/2013
1,245
1,831
-1,309
-867
1,309
867
22
21
63
50
41
29
22
21
63
50
41
29
-86
943
1,182
1,781
1,268
838
2,319
2,405
4,725
3,543
2,406
1,138
42
1,245
01/04/2013
to
31/03/2014
1,831
..(3)

Plant and equipment [Member]

[Member]
impairment [Member]
01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2012
to
31/03/2013
308
214
-270
-119
270
119
17
10
49
32
32
22
17
10
49
32
32
22
21
85
259
182
238
97
295
274
697
438
402
164
43
308
01/04/2013
to
31/03/2014
214
..(4)

01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets

[Member]
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
308
214
-270
-119
270
119
17
10
49
32
32
22
17
10
49
32
32
22
21
85
259
182
238
97
295
274
697
438
402
164
44
308

impairment [Member]
214
..(5)

Furniture and fixtures [Member]

[Member]
impairment [Member]
01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2012
to
31/03/2013
52
169
-81
-64
81
64
-29
105
52
169
81
64
258
287
429
377
171
90
45
52
01/04/2013
to
31/03/2014
169
..(6)

01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets

[Member]
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
52
169
-81
-64
81
64
-29
105
52
169
81
64
258
287
429
377
171
90
46
52

impairment [Member]
169
..(7)

Office equipment [Member]

[Member]
impairment [Member]
01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2012
to
31/03/2013
759
772
-503
-315
503
315
10
14
17
10
14
17
251
447
745
755
494
308
972
721
1,816
1,071
844
350
47
759
01/04/2013
to
31/03/2014
772
..(8)

01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets

[Member]
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014

impairment [Member]
01/04/2012
to
31/03/2013
01/04/2012
to
31/03/2013
759
772
-503
-315
503
315
10
14
17
10
14
17
251
447
745
755
494
308
972
721
1,816
1,071
844
350
48
759
01/04/2013
to
31/03/2014
772
..(9)

Computer equipments [Member]

[Member]
impairment [Member]
01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2012
to
31/03/2013
759
772
-503
-315
503
315
10
14
17
10
14
17
251
447
745
755
494
308
972
721
1,816
1,071
844
350
49
759
01/04/2013
to
31/03/2014
772
..(10)

01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets

[Member]
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
759
772
-503
-315
503
315
10
14
17
10
14
17
251
447
745
755
494
308
972
721
1,816
1,071
844
350
50
759

impairment [Member]
772
..(11)

Leasehold improvements [Member]

[Member]
impairment [Member]
01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2012
to
31/03/2013
126
676
-455
-369
455
369
-329
306
126
675
455
369
794
1,123
1,783
1,657
989
534
51
126
01/04/2013
to
31/03/2014
676
..(12)


[Member]
impairment [Member]
01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
assets
Impairment loss
tangible assets
[Abstract]
others
assets
assets [Abstract]
assets, others
tangible assets
assets
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
126
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
126
676
676
-455
-369
455
369
-329
306
126
675
455
369
794
1,123
1,783
1,657
989
534
Disclosure of additional information tangible assets [Table]
..(1)

Company total tangible assets
[Member]
Owned and leased assets
[Member]

01/04/2013
to
31/03/2014

[Member]
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
Disclosure of additional information

tangible assets [LineItems]
Depreciation method tangible assets
Useful lives or depreciation rates

tangible assets
NA
NA
NA
NA
52
Straight
Line Straight Line
Value
Value
Refer To Note Refer To Note
2.2
2.2
..(2)


[Member]
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013

[Member]
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013


tangible assets
NA
NA
Straight
Line Straight
Line
Value
Value
Refer To Note Refer To Note
NA
2.2
2.2
NA
..(3)

Leasehold improvements
[Member]
[Member]

[Member]
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013


tangible assets
NA
NA
Straight
Line Straight
Line
Value
Value
Refer To Note Refer To Ntoe
NA
2.2
2.2
NA
..(4)


01/04/2013
to
31/03/2014
Disclosure of additional information tangible assets [Abstract]
Disclosure of additional information tangible assets [LineItems]
Useful lives or depreciation rates tangible assets
01/04/2012
to
31/03/2013
Straight Line Value Straight Line Value

Refer To Note 2.2 Refer To Note 2.2

01/04/2013
to
31/03/2014
Textual
information
[See below]
Disclosure of notes on tangible assets explanatory [TextBlock]
53
(31)

Disclosure of notes on tangible assets explanatory [Text Block]
9. Tangible Assets
Description
GROSS BLOCK
DEPRECIATION
NET BLOCK
01/04/2013
Additions
Deletions
31/03/2014
01/04
/2013
Dep.
31/03/2014
31/03/2014
31/3/2013
Leasehold
Improvements
1657
126
1783
534
455
989
794
1123
Plant &
Machinery
438
308
(49)
697
164
270
(32)
402
295
274
Furniture &
Fixtures
377
52
429
90
81
171
258
287
Computers
1071
759
(14)
1816
350
503
(9)
844
972
721
Total
3543
1245
(63)
4725
1138
1309
(41)
2406
2319
2405
Previous
year
1762
1831
(50)
3543
300
867
(29)
1138
2405
1462
Own Assets:
*accumulated amortisation on deletions
54
[201100] Notes - Intangible assets

Disclosure of intangible assets [Table]
..(1)

Classes of intangible assets [Axis]
Sub classes of intangible assets [Axis]
Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]
Company total intangible assets [Member]

Internally generated and other than internally generated intangible assets [Member]
Accumulated amortization and
[Member]
impairment [Member]
01/04/2013
to
31/03/2014
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets
[LineItems]
intangible assets [Abstract]
Changes in intangible assets
[Abstract]
Additions to intangible assets
[Abstract]
business combinations
intangible assets
Total additions to
intangible assets
Amortization intangible assets
Impairment loss
loss intangible assets
intangible assets
Disposals intangible assets
[Abstract]
Disposals intangible
assets, others
Total disposals intangible
assets
Other adjustments intangible
assets [Abstract]
Other adjustments
intangible assets, others
intangible assets
Total changes in intangible
assets
Intangible assets at end of period
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
212
74
212
74
212
74
212
74
-56
-11
56
11
156
63
212
74
56
11
230
74
298
86
68
12
55
..(2)

Company total intangible assets [Member]

Intangible assets other than internally generated [Member]
[Member]
impairment [Member]
01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
[Abstract]
intangible assets
Total additions to
intangible assets
Impairment loss
intangible assets
[Abstract]
assets, others
assets
assets [Abstract]
Other adjustments
intangible assets
assets
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
212
74
212
74
212
74
212
74
-56
-11
56
11
156
63
212
74
56
11
230
74
298
86
68
12
56
..(3)

Licenses and franchise [Member]

[Member]
impairment [Member]
01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
[Abstract]
intangible assets
Total additions to
intangible assets
Impairment loss
intangible assets
[Abstract]
assets, others
assets
assets [Abstract]
Other adjustments
intangible assets
assets
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
212
74
212
74
212
74
212
74
-56
-11
56
11
156
63
212
74
56
11
230
74
298
86
68
12
57
..(4)


[Member]
impairment [Member]
01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
[Abstract]
intangible assets
Total additions to
intangible assets
Impairment loss
intangible assets
[Abstract]
assets, others
assets
assets [Abstract]
Other adjustments
intangible assets
assets
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
212
74
212
74
212
74
212
74
-56
-11
56
11
156
63
212
74
56
11
230
74
298
86
68
12
58
..(5)

Licenses [Member]
[Member]
impairment [Member]
01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
[Abstract]
intangible assets
Total additions to
intangible assets
Impairment loss
intangible assets
[Abstract]
assets, others
assets
assets [Abstract]
Other adjustments
intangible assets
assets
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
212
74
212
74
212
74
212
74
-56
-11
56
11
156
63
212
74
56
11
230
74
298
86
68
12
59
..(6)

Licenses [Member]
[Member]
impairment [Member]
01/04/2013
to
31/03/2014
[LineItems]
[Abstract]
[Abstract]
intangible assets
Total additions to
intangible assets
Impairment loss
intangible assets
[Abstract]
assets, others
assets
assets [Abstract]
Other adjustments
intangible assets
assets
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
212
74
212
74
212
74
212
74
-56
-11
56
11
156
63
212
74
56
11
230
74
298
86
68
12
Disclosure of additional information intangible assets [Table]
..(1)

Company total intangible assets
Licenses [Member]
[Member]
Internally generated and other
Internally generated and other Internally generated and other
than internally generated
intangible assets [Member]

01/04/2013
to
31/03/2014
intangible assets [LineItems]
Useful lives or amortization rates
intangible assets
Description of amortization method
used
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
NA
NA
NA
NA
NA
NA
60
Disclosure of additional information intangible assets [Table]
..(2)

Licenses [Member]
Intangible assets other than internally
generated [Member]
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
Disclosure of additional information intangible assets [Abstract]

Disclosure of additional information intangible assets [LineItems]
Refer To Note 2.3(Amortisation
Rate Is 25% For Software 4 Years
Licence
Straight
Straight Line Value
Line Value
Useful lives or amortization rates intangible assets

Description of amortization method used

01/04/2013
to
31/03/2014
Textual
information
[See below]
Disclosure of notes on intangible assets explanatory [TextBlock]
(32)

Disclosure of notes on intangible assets explanatory [Text Block]
Description
GROSS BLOCK
DEPRECIATION
NET BLOCK
01/04/2013
Additions
Deletions
31/03/2014
01/04
/2013
Dep.
31/03/2014
31/03/2014
31/3/2013
Software
License
86
212
298
12
56
68
230
74
Total
86
212
298
12
56
68
230
74
Previous Year
12
74
86
11
12
74
Own Assets:
(Acquired)
*
Accumulated Amortization on Deletions
61
[200600] Notes - Subclassification and notes on liabilities and assets

Classification of inventories [Table]
..(1)

Classification of inventories [Axis]
Company total inventories [Member]
31/03/2014
Subclassification and notes on liabilities and assets [Abstract]
Inventories notes [Abstract]
Inventories [Abstract]
Classification of inventories [Abstract]
Details of inventories [LineItems]
Inventories
31/03/2013
Loans and advances [Table]
..(1)

Classification based on time period [Axis]
Classification of loans and advances [Axis]
Classification of assets based on security [Axis]
Long-term [Member]
Loans and advances [Member]
Security deposits [Member]
Unsecured considered good [Member]
31/03/2014
Subclassification and notes on liabilities and assets
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross
Allowance for bad and doubtful loans and
advances
Loans and advances
Details of loans and advances due by
directors, other officers or others
[Abstract]
Loans and advances due by directors
Loans and advances due by other officers
Details of loans and advances due by firms
or companies in which any director is
partner or director [Abstract]
Loans and advances due by firms in
which any director is partner
Total loans and advances due
by firms or companies in which
any director is partner or
director
62
31/03/2013
31/03/2014
31/03/2013
561
330
440
330
561
330
440
330
0
0
0
0
0
0
0
0
..(2)

Long-term [Member]
Other loans and advances [Member]
Prepaid expenses [Member]
31/03/2014
[Abstract]
advances
Loans and advances
[Abstract]
director
31/03/2013
31/03/2014
31/03/2013
121
121
121
121
0
0
0
0
0
0
0
0
..(3)

Short-term [Member]
Loans and advances [Member]
Security deposits [Member]
31/03/2014
[Abstract]
advances
Loans and advances
[Abstract]
director
63
31/03/2013
31/03/2014
31/03/2013
697
242
46
45
697
242
46
45
0
0
0
0
0
0
0
0
..(4)

Short-term [Member]
Loans advances given employees
Loans advances value be received
[Member]
[Member]
31/03/2014
[Abstract]
advances
Loans and advances
[Abstract]
director
31/03/2013
31/03/2014
31/03/2013
12
35
97
75
12
35
97
75
0
0
0
0
0
0
0
0
..(5)

Short-term [Member]
Other loans and advances [Member]
Prepaid expenses [Member]
31/03/2014
[Abstract]
advances
Loans and advances
[Abstract]
director
64
31/03/2013
31/03/2014
31/03/2013
542
87
166
87
542
87
166
87
0
0
0
0
0
0
0
0
..(6)

Short-term [Member]
Advance tax [Member]
Advance income tax paid [Member]
31/03/2014
[Abstract]
advances
Loans and advances
[Abstract]
director
31/03/2013
31/03/2014
31/03/2013
376
(A) 376
376
376
0
0
0
0
0
0
0
0
Footnotes
(A) Advance income tax ( Net of Provision Rs. 3,790 million)
Subclassification of trade receivables [Table]
..(1)

Classification of assets based on security

[Member]
31/03/2014
[Abstract]
Trade receivables notes [Abstract]
Trade receivables [Abstract]
Subclassification of trade receivables
[Abstract]
Subclassification of trade receivables
[LineItems]
Breakup of trade receivables [Abstract]
Trade receivables, gross
Allowance for bad and doubtful debts
Total trade receivables
Details of trade receivables due by
[Abstract]
Trade receivables due by directors
Trade receivables due by other officers
Details of trade receivables due by
firms or companies in which any director
is partner or director [Abstract]
Total trade receivables due by firms
partner or director
6,626
442
6,184
65
31/03/2013
4,108
0
4,108
31/03/2014
31/03/2013
6,184
0
6,184
4,108
0
4,108
0
0
0
0
Subclassification of trade receivables [Table]
..(2)

Doubtful [Member]
31/03/2014
Subclassification and notes on liabilities and assets [Abstract]
Trade receivables notes [Abstract]
Trade receivables [Abstract]
Subclassification of trade receivables [Abstract]
Subclassification of trade receivables [LineItems]
Breakup of trade receivables [Abstract]
Trade receivables, gross
Allowance for bad and doubtful debts
Total trade receivables
Details of trade receivables due by directors, other officers or others
[Abstract]
Trade receivables due by directors
Trade receivables due by other officers
Details of trade receivables due by firms or companies in which any
director is partner or director [Abstract]
Total trade receivables due by firms or companies in which any
director is partner or director
31/03/2013
(A) 442
442
0
0
0
0
0
0
0
0
Footnotes
(A) It includes Outstanding for the period exceeding six months is 251 and others is 191 which totals as 442.
Disclosure of breakup of provisions [Table]
..(1)

Long-term [Member]
31/03/2014
[Abstract]
Provisions notes [Abstract]
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [LineItems]
Provisions [Abstract]
Provisions for employee benefits
[Abstract]
Provision gratuity
Provision leave encashment
Total provisions for employee benefits
Provision for corporate tax [Abstract]
Provision for current tax
Total provision for corporate tax
Total provisions
(A) 94
337
431
431
Footnotes
(A) Refer Note 19
(B) Refer Note 19
(C) Provision for Income tax ( Previous year net of advance tax Rs. 2,055 million)
66
Short-term [Member]
31/03/2013
31/03/2014
31/03/2013
(B) 9
268
277
80
80
55
55
277
0
0
80
274
(C) 274
329

01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
Disclosure of subclassification and notes on liabilities and assets

explanatory [TextBlock]
Trade payables, long-term
Total other long-term liabilities
0
0
Provision for Income tax
( Previous year net of
advance tax Rs. 2,055
million)
Nature of other provisions

Interest accrued but not due on borrowings
Interest accrued and due on borrowings
Debentures claimed but not paid
Unpaid dividends
Unpaid matured deposits and interest accrued thereon
Unpaid matured debentures and interest accrued thereon
Withholding taxes payable
Public deposit payable, current
Total other payables, current
Short-term employee related liabilities
Current liabilities portion of share application money pending
allotment
Other current liabilities, others
Total other current liabilities
Aggregate amount of trade receivables outstanding for period
exceeding six months
Fixed deposits with banks
Other balances with banks
Total balance with banks
Cash on hand
Total cash and cash equivalents
Total cash and bank balances
Total balances held with banks to extent held as
margin money or security against borrowings,
guarantees or other commitments
Bank deposits with more than twelve months maturity
Other current assets, others
Total other current assets
0
0
Provision for Income tax
( Previous year net of
advance tax Rs. 2,055
million)
0
0
0
0
0
0
0
0
0
0
0
0
(A) 314
0
314
(B) 388
0
388
(C) 2,267
(D) 489
0
2,581
(E) 1
878
833
473
(F) 4,290
(G) 750
(H) 131
4,421
0
4,421
4,421
(I) 253
1,003
0
1,003
1,003
(J) 374
374
(K) 251
251
Footnotes
(A) statutory dues including provident fund and tax deducted at source
(B) statutory dues including provident fund and tax deducted at source
(C) Employee benefits payable
(D) Employee benefits payable
(E) Unamortised Premium on forward contracts
(F) deposits less than three months maturity
(G) deposits less than three months maturity
(H) Balance in current account
(I) balance in current account
(J) Other current assets includes interest accrued on deposits as 6 and balance with statutory authorities as 368 which totals as 374 .
(K) Other current assets includes interest accrued on deposits as 6 and balance with statutory authorities as 245 which totals as 251 .
67
[200700] Notes - Additional disclosures on balance sheet

01/04/2013
to
31/03/2014
Disclosure of additional balance sheet notes explanatory [TextBlock]
Total contingent liabilities and commitments
Amount of dividends proposed to be distributed to equity shareholders
Amount of per share dividend proposed to be distributed to equity
shareholders
Percentage of equity shares held up by foreign holdings
Deposits accepted or renewed during period
Deposits matured and claimed but not paid during period
Deposits matured and claimed but not paid
Deposits matured but not claimed
Interest on deposits accrued and due but not paid
Share application money received during year
Share application money paid during year
Amount of share application money received back during year
Amount of share application money repaid returned back during year
Number of person share application money paid during year
Number of person share application money received during year
Number of person share application money paid as at end of year
Number of person share application money received as at end of year
Whether maintenance of cost records by company has
been mandated under any cost accounting records
rules notified under section 209(1)(d) of
companies act,1956
Whether audit of cost records of company has been
mandated by central government under section 233B of
Companies Act, 1956
Unclaimed share application refund money
Unclaimed matured debentures
Unclaimed matured deposits
Interest unclaimed amount
01/04/2012
to
31/03/2013
0
0
0
0
[INR/shares] 0
[INR/shares] 0
100.00%
0
0
0
0
0
0
0
0
0
[pure] 0
[pure] 0
[pure] 0
[pure] 0
0
0
0
0
0
0
0
0
0
[pure] 0
[pure] 0
[pure] 0
[pure] 0
No
No
No
0
0
0
0
0
0
0
0
[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates
01/04/2013
to
31/03/2014
Disclosure of accounting policies, change in accounting policies and
changes in estimates explanatory [TextBlock]
Textual
information
[See below]
68
(33)

Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
ERICSSON INDIA GLOBAL SERVICES PRIVATE LIMITED

NOTES TO THE FINANCIAL STATEMENTS
(All amounts in Rs. Million, unless otherwise stated)
1. General Information
The Company was incorporated on June 16, 2010 for carrying out the business of providing specialized services to its group companies and
affiliates in terms of operating and supporting the network and doing research and development of software based solution for telecommunication
industry.
2. Summary of significant accounting policies
2.1 Basis of Preparation
These financial statements have been prepared in accordance with the generally accepted accounting principles in India under the historical cost
convention on accrual basis. Pursuant to circular 15/2013 dated 13th September 2013 read with circular 08/2014 dated 04th April 2014, till the
Standards of Accounting or any addendum thereto are prescribed by Central Government in consultation and recommendation of the National
Financial Reporting Authority, the existing Accounting Standards notified under the Companies Act, 1956 shall continue to apply. Consequently,
these financial statements have been prepared to comply in all material aspects with the accounting standards notified under Section 211(3C)
[Companies (Accounting Standards) Rules, 2006, as amended] and other relevant provisions of the Companies Act, 1956.
All assets and liabilities have been classified as current or non-current as per the Companys operating cycle and other criteria set out in the revised
schedule VI of the Companies Act, 1956 . Based on the nature of products and the time between the acquisition of assets for processing and other
realisation in cash and cash equivalents , the company has ascertained its operating cycle as 12 months for the pupose of current, non-current
classification of assets and liabilities .
2.2 Tangible Assets
i) Tangible Assets are stated at acquisition cost, net of accumulated depreciation.
Items of fixed assets that have been retired from active use and are held for disposal are stated at the lower of their net book value and net
realisable value and are shown separately in the financial statements. Any expected loss is recognised immediately in the Statement of Profit and
Loss.
Losses arising from the retirement of, and gains or losses arising from disposal of fixed assets which are arrived at cost are recognised in the
Statement of Profit and Loss.
Depreciation is provided on pro-rata basis on the straight-line method over the estimated useful lives of the assets or the rates prescribed under
Schedule XIV to the Companies Act, 1956 whichever is higher, as follows:
Assets
Rates
Computers
25%-33.33%
Plant & Machinery
25%-33.33%
Furniture & Fixtures
20%
69
ii) Assets costing less than Rs. 5,000 are fully depreciated in the year of acquisition.
iii) Leasehold improvements are amortised over period of the lease or @ 25%, whichever is higher.
2.3 Intangible Assets
Intangible Assets are stated at acquisition cost net of accumulated amortisation. Intangible assets are amortised on a straight line basis over their
estimated useful lives. The amortisation period and amortiation method are reviewed at least at each financial year end. If the expected useful life
of the asset is significantly different from the previous estimate, the amortisation period is changed accordingly.
Gains or losses arising from the retirement or disposal of an intangible asset are determined as the difference between the net disposal proceeds
and the carrying amount of the asset and recognised as income or expense in the Statement of Profit and Loss. The amortisation rate used is:
Assets
Rates
Software Licence
25%
2.4 Impairment
The carrying amounts of assets are reviewed at each balance sheet date. If there is any indication of impairment based on internal / external
factors, on existence of such condition, an impairment loss is recognized wherever the carrying amount of an asset (tangible or intangible)
exceeds its recoverable amount. The recoverable amount is the greater of the assets net selling price and value in use. In assessing value in use,
the estimated future cash flows are discounted to their present value at the weighted average cost of capital.
2.5 Revenue Recognition Services
Revenue from Network Operations, System Integration & Software Support Services and Research & Development Services is recognized on the
basis of man-hours delivered on each project based on predetermined hourly rates in accordance with the terms of engagement with the customers
and are recognised net of service tax.
2.6 Other Income
Interest: Interest income is recognised on a time proportion basis taking into account the amount outstanding and the rate applicable.
2.7 Foreign Currency Transactions
Transactions in foreign currency are accounted for at the rate prevailing on the date of the transaction. Gain/Loss arising on fluctuation in foreign
exchange rate between the transaction date and settlement date are recognised in the Statement of Profit and Loss. Foreign currency monetary
assets and liabilities are restated at the exchange rate prevailing at the year end and the overall net gains/loss is adjusted to the Statement Profit
and Loss.
Forward exchange contracts outstanding as at the year end on account of highly probable forecast transactions are marked to market and the
losses, if any, are recognised in the Statement of Profit and Loss and gains are ignored in accordance with the Announcement of Institute of
Chartered Accountants of India on Accounting for Derivatives issued in March 2008.
2.8 Employee Retirement Benefits
Provident Fund: Contribution towards provident fund for certain employees is made to the regulatory authorities, where the Company has no
further obligations. Such benefits are classified as Defined Contribution Schemes as the Company does not carry any further obligations, apart
from the contributions made on a monthly basis.
In respect of certain employees, Provident Fund contributions are made to a Trust administered by the Company. The Companys liability is
actuarially determined (using the Projected Unit Credit method) at the end of the year and any shortfall in the fund size maintained by the Trust
set up by the Company is additionally provided for. Actuarial losses/gains are recognised in the Statement of Profit and Loss in the year in which
they arise.
Gratuity liability: Gratuity liability is a defined benefit obligation and the Companys liability is actuarially determined (using the Projected Unit
Credit method) at the end of each year. The Company funds the benefit through contributions to Insurance Companies. The Company recognises
the actuarial gains & losses in the Statement of Profit and Loss in the period in which they arise.
Compensated Absences: Accumulated compensated absences, which are expected to be availed or encashed within 12 months from the end of the
year end are treated as short term employee benefits. The obligation towards the same is measured at the expected cost of accumulating
compensated absences as the additional amount expected to be paid as a result of the unused entitlement as at the year end.
70
Accumulated compensated absences, which are expected to be availed or encashed beyond 12 months from the end of the year end are treated as
other long term employee benefits. The Companys liability is actuarially determined (using the Projected Unit Credit method) at the end of each
year. Actuarial losses/ gains are recognised in the Statement of Profit and Loss in the year in which they arise.
2.9 Leases
Lease of assets under which, all the risks and benefits of ownership are effectively retained by the lessor are classified as Operating Lease. Lease
rental in respect of assets taken on operating leases are charged to Statement of Profit and Loss on a straight-line basis over the lease term.
2.10 Cash and Cash Equivalents
In the cash flow statement, cash and cash equivalents includes cash in hand, bank balance and demand deposits with banks with original
maturities of three months or less.
2.11 Current and Deferred Tax
Tax expense for the period, comprising current tax and deferred tax, are included in the determination of the net profit or loss for the period.
Current tax is measured at the amount expected to be paid to the tax authorities in accordance with the taxation laws prevailing in the respective
jurisdictions.
Deferred tax is recognised for all the timing differences, subject to the consideration of prudence in respect of deferred tax assets. Deferred tax
assets are recognised and carried forward only to the extent that there is a reasonable certainty that sufficient future taxable income will be
available against which such deferred tax assets can be realised. Deferred tax assets and liabilities are measured using the tax rates and tax laws
that have been enacted or substantively enacted by the Balance Sheet date. At each Balance Sheet date, the Company re-assesses unrecognised
deferred tax assets, if any.
Current tax assets and current tax liabilities are offset when there is a legally enforceable right to set off the recognised amounts and there is an
intention to settle the asset and the liability on a net basis. Deferred tax assets and deferred tax liabilities are offset when there is a legally
enforceable right to set off assets against liabilities representing current tax and where the deferred tax assets and the deferred tax liabilities relate
to taxes on income levied by the same governing taxation laws.
2.12 Provision and Contingencies
Provisions are recognized when the Company has a present obligation as a result of past events, for which it is probable that an outflow of
resources embodying economic benefits will be required to settle the obligation, and a reliable estimate of the amount can be made. Provisions
required to settle are reviewed regularly and are adjusted where necessary to reflect the current best estimates of the obligation and are not
disclosed to its present value. Where the Company expects a provision to be reimbursed, the reimbursement is recognized as a separate asset, only
when such reimbursement is virtually certain.
2.13 Earnings per Share

Basic and diluted earnings are computed by dividing the net profit or loss after tax attributable to equity shareholders for the year by the weighted
average number of equity shares outstanding during the period.
2.14 Segment Reporting
The accounting policies adopted for segment reporting are in conformity with the accounting policies adopted by the Company. Revenue and
expenses have been identified to segments on the basis of their relationship to the operating activities of the segment. Revenue and expenses,
which relate to the Company as a whole and are not allocable to segments on a reasonable basis, have been included under Corporate/
unallocated expenses.
3.
Share Capital
Authorised capital:
As at
As at
March 31, 2014
March 31, 2013
1000
1000
389
389
100,000,000 (Previous year 100,000,000) Equity Shares of Rs 10 each

Issued, subscribed and paid up capital:
38,853,000 Equity Shares (Previous year 38,853,000 shares) of Rs. 10 each, fully
71
paid up
Total
389
389
(a) Reconciliation of number of shares

Particulars
As at March 31, 2014
Number of Shares
Amount
Number of Shares
Amount
38853000
389
38853000
389
Add: Issued during the

period
Balance at the end of the

year
38853000
389
38853000
389
Equity Shares:
Balance as at the
beginning of the year
(b) Rights, preference and restrictions attached to shares

Equity Shares: The company has only one class of equity shares having a par value of Rs 10 per share. Each holder of equity shares is entitled to
one vote per share. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General
Meeting, except in case of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the
Company after distribution of all preferential amounts, in proportion to their shareholding.
(c) Shares held by holding company and subsidiary of holding company
Particulars
Equity Shares:
389
389
38,852,999 shares (Previous year 38,852,999 shares) held by

Telefonaktiebolaget LM Ericsson, Sweden, the Holding Company
(d) Details of shareholders holding more than 5% of the aggregate shares in the company
Particulars
Equity Shares:
38,852,999
38,852,999
Telefonaktiebolaget LM Ericsson, Sweden, the Holding Company
99.99%
99.99%
72
4. Reserves and Surplus

Particulars
4462
2172
4319
2290
8781
4462
Provision for Gratuity (Refer note 19)
94
Provision for Leave Encashment
337
268
Total
431
277
Particulars
Trade Payables (Refer note 35)
3035
2308
Total
3035
2308
Surplus in Statement of Profit and Loss:

Balance as at the beginning of the year
Profit for the year
Balance as at the end of the year
5. Long-term Provisions
Particulars
Provision for employee benefits:
6. Trade Payables
73
7. Other Current Liabilities

Particulars
Statutory dues including Provident Fund and Tax deducted at source
314
388
Employee Benefits payable
2267
489
Unamortised premium on forward contracts
Total
2581
878
80
55
Provision for Income Tax [Previous year net of Advance Tax Rs

2,055 Million]
274
Total
80
329
8. Short-term Provisions
Particulars
Provision for employee benefits:
Provision for Leave Encashment
Other Provisions:
9. Tangible Assets
Description
GROSS BLOCK
01/04/2013
Addit-ions
DEPRECIATION
Dele-tions
31/03/2014
Own Assets:
74
01/04
/2013
Dep.
Acc. Dep
on
Delet-ions
NET BLOCK
31/03/2014
31/03/2014
31/3/2013
Leasehold
Improvements
1657
126
1783
534
455
989
794
1123
Plant &
Machinery
438
308
(49)
697
164
270
(32)
402
295
274
Furniture &
Fixtures
377
52
429
90
81
171
258
287
Computers
1071
759
(14)
1816
350
503
(9)
844
972
721
Total
3543
1245
(63)
4725
1138
1309
(41)
2406
2319
2405
Previous
year
1762
1831
(50)
3543
300
867
(29)
1138
2405
1462
10. Intangible Assets
Description
GROSS BLOCK
DEPRECIATION
NET BLOCK
01/04/2013
Addit-ions
Dele-tions
31/03/2014
01/04
/2013
Dep.
Acc.
Amo-rtization
on Delet-ions
31/03/2014
31/03/2014
31/3/2013
Software
License
86
212
298
12
56
68
230
74
Total
86
212
298
12
56
68
230
74
Previous
Year
12
74
86
11
12
74
Own
Assets:
(Acquired)
75
11. Deferred Tax Assets

Particulars
118
89
151
80
147
61
95
511
230
440
330
121
561
330
Deferred Tax Assets:

Provision for gratuity and leave encashment
Bonus Payble
Difference between WDV of fixed assets as per books and under
Income Tax Act, 1961
Provision for Doubtful Debts
Total
12. Long-term Loans and Advances

Particulars
Unsecured, considered good:
Security Deposits
Prepaid Expenses
Total
13. Trade Receivables

Particulars
76
Unsecured, considered good:

582
Outstanding for the period exceeding 6 months, from due date
473
5602
Others
251
Unsecured, considered doubtful:
3635
Outstanding for the period exceeding 6 months, from due date

191
Others
(442)
Less-Provision for Doubtful Debts
Total
6184
4108
Particulars
Cash in hand
Current Accounts
131
253
Fixed Deposits (less than 3 months maturity)
4290
750
4421
1003
14. Cash and Cash Equivalents
Bank Balances
*Amount is below the rounding off norm adopted by the Company

Total
15. Short-term Loans and Advances

Particulars
77
Unsecured, considered good :

97
75
12
35
Advances recoverable in cash or kind

Advance to Employees
Other Loans and Advances:
376
0
Advance Income Tax (Net of Provision Rs. 3,790 Million)

166
Prepaid Expenses
46
87
Security Deposit
45
Total
697
242
Particulars
Interest accrued on Deposits
Balance with Statutory Authorities
368
245
Total
374
251
Particulars
Network Operation, System Integration and Software support
29632
20001
Research and Development
4810
2651
Total
34442
22652
16. Other Current Assets
17. Revenue from Services
18. Other Income
78
Particulars
Interest Income
255
67
Liabilities Written Back
113
Foreign exchange fluctuation, net
100
300
Miscellaneous Income
16
15
Total
371
495
19. Employee benefits Expense
Particulars
Salary and Allowances
14862
9846
Contribution to Provident Funds (Refer note (a) & (b) below)
636
448
348
316
159
148
16005
10758
Gratuity and Leave Encashment (Refer note (b) below)
Staff Welfare Expenses
Total
(a) Defined Contribution Plans
During the year the company has recognised Rs. 108 Million (Previous year Rs. 82 Million) in the Statement of Profit and Loss in relation to
contribution to Regional Provident Fund Commissioner.
79
(b) Defined Benefit Plans
A)
Gratuity
(i) Present Value of Defined Benefit Obligations
Particulars
Balance at the beginning of the year
402
230
Service cost
184
158
Interest cost
32
19
Actuarial loss/(gain)
(22)
(2)
Acquisition Liability/ Cost
27
Benefits Paid
(9)
(3)
Balance at the end of the year
614
402
80
(ii) Fair value of Plan Assets
Particulars
393
220
Contribution by company
100
150
Benefits paid
(9)
(2)
Expected return
35
24
Actuarial Gain/(Loss)
(3)
Acquisition Adjustment
520
393
(iii) Major Category of Plan Assets as a % of total Plan Assets
Particulars
Public/ Private Insurance Companies
100%
100%
The expected rate of return on assets is determined based on the

assessment made at the beginning of the year on the return expected
on its existing portfolio, along with the estimated increment to the plan
assets and expected yield on the respective assets in the portfolio
during the year.
81
(iv) Liabilities recognised in Balance Sheet
Particulars
Present value of Defined Benefits
614
402
Less: Fair value of Plan Assets
520
393
94
Amount recognised as liability
Liability Recognised as under:
Long term Provision
94
9
Total
94
Particulars
Current Service cost
184
158
Interest cost
32
19
Net actuarial loss/(gain) recognized
(22)
(2)
Expected Return on plan assets
(35)
(24)
Net amount recognized
159
151
(v) Expense recognized in the Statement of Profit and Loss
82
(vi) Actuarial Assumptions
Particulars
Gratuity
Discount Rate
9.25%
8.10%
Expected rate of return on Plan Assets
8.00%
8.00%
Rate of increase in Compensation
9.50%
9.50%
The estimates of future salary increases, considered in actuarial valuation, takes into account, inflation, seniority, promotions and other relevant
factors, such as demand and supply in the employment market.
Gratuity
Experience History
Period Ending
March 31, 2014
March 31, 2013
March 31, 2012
March 31, 2011
Defined Benefit Obligation at end of the

period
(614)
(402)
(230)
(102)
Plan Assets at end of the period
520
393
Funded Status [Surplus/ (Deficit)]
(94)
(9)
(230)
(102)
Experience Gain/ (Loss) adjustments on

plan liabilities
(53)
(62)
(48)
(8)

plan assets
(3)
Experience Gain/ (Loss) due to change

of assumption
75
(63)
*Experience history of four years since company was formed in FY 2010-11 only.
B) Provident Fund
83
During the period the company has recognized Rs. 529 Million (Previous year Rs. 372 Million) in the Statement of Profit and Loss in relation to
contribution to Ericsson Employee Provident Fund Trust.
(i) Liabilities recognised in Balance Sheet
Interest shortfall on Provident Fund
Particulars
Actuarial Liability
22
20
Fair Value of Assets
27
18
Net Liability
Nil
Particulars
Central/State Government Securities
63.60%
60.64%
Public / Private Sector Bonds
36.33%
39.26%
Mutual Funds
0.07%
0.10%
(ii) Major Category of Plan Assets as a % of total Plan Assets
The expected rate of return on assets is determined based on the assessment made at the beginning of the year on the return expected on its
existing portfolio, along with the estimated increment to the plan assets and expected yield on the respective assets in the portfolio during the
year.
(iii) Expense recognized in the Statement of Profit and Loss
84
Particulars
Nil
Particulars
Discount Rate
9.25%
8.10%
Expected Rate of return
8.75%
8.60%
Interest Cost
(iv) Actuarial Assumptions
Disclosure related to Provident Fund is limited to extent information provided by actuary.
20. Other Expenses
Particulars
Travelling and Conveyance
4683
3371
IT Service Cost
2854
2042
Technical Consultancy
1073
927
Rent Charges
807
405
Provision for Doubtful Debts
442
Training, Conference and Seminar
385
310
Bad Debts Written off
260
85
Communication
184
158
Accounting Services
64
92
Electricity and Water
120
85
Repair and Maintenance Others
619
443
Advertisement and Business Promotion
16
Printing and Stationery
11
Loss on Sale/Disposal of fixed assets, net
15
19
Audit Fees
Tax Audit Fees
Others
Insurance
Misc. Expenses
419
263
Total
11944
8150
Payment to Auditors
As Auditors:
21. Finance Cost
Particulars
86
Interest on Short Term Loans from Bank
Total
Particulars
Depreciation on Tangible Assets
1309
867
Amortisation on Intangible Assets
56
11
Total
1365
878
4319
2290
38853000
38853000
111.16
58.94
10
10
*Amount is below the rounding off norm adopted by the Company.
22. Depreciation and Amortisation Expense
23. Earning Per Share
Particulars
Basic/ Diluted EPS
Profit after tax
Weighted average number of shares outstanding
Basis/ Diluted EPS (Rs.)
Face value per share (Rs.)
24. Earnings in Foreign Currency (on accrual basis)

87
Particulars
Revenue from Services
31004
20053
31004
20053
Particulars
Technical Consultancy
1307
911
IT Service Cost
1 788
1114
Training, Conference and Seminar
203
91
Traveling & Conveyance
Others
Total
3298
2121
Total
25. Expenditure in Foreign Currency (on accrual basis)
26. Amount of Unhedged Exposure
a) Derivative Instruments outstanding at the Reporting Date:

88
Particulars
238
35
2083
Currency
EUR
(Equivalent INR)
USD
(Equivalent INR)
b) Particulars of Unhedged Foreign Currency Exposures as at the Reporting Date
Particulars
41
2438
249
Unhedged amount
USD
(Equivalent INR)
EUR
(Equivalent INR)
89
SEK
(Equivalent INR)
(2)
GBP
(Equivalent INR)
(1)
CAD
(Equivalent INR)
(1)
Particulars
Market to Market Losses Provided for
c) Mark to Market Losses
*Amount is below the rounding off norm adpted by the Company.
90
27. Segment Information

The business segments are as follows:
A Primary Segment Reporting (by Business Segment)
Composition of Business Segments

The Companys business segments are defined based on nature of serrvices provided, which are as follows:
- Network Operating , System Integration & Software support Services:
The segment is engaged in the business of providing specialized services in terms of operating the network and supporting the same through
provision of engineering services in line with the accounting policy for revenue recognition (refer note 2.5). This segment also includes consulting
and system integration services. In addition to above services, software support services in the nature of first and second line support services are
also provided.
-Research & Development Services:
The segment is engaged in the business of doing research and delivering software-based solutions for telecommunication industry in line with the
accounting policy for revenue recognition (refer note 2.5).
ii Segment Revenue, Results and Other Information
Network Operation, System

Integration & Software Support
Research & Development

Services
Particulars
Total
2013-14
2012-13
2013-14
2012-13
2013-14
2012-13
Revenue
29632
20001
4810
2651
34442
22652
Result
4709
2940
550
375
5259
3315
Segment Assets
8770
6872
912
409
9682
7281
91
Segment Liabilities
5159
3034
830
407
5989
3441
Capital Expenditure
1167
1914
290
10
1457
1924
Depreciation
1192
866
173
12
1365
878
Non Cash Expenses other than

Depreciation
286
263
56
47
342
310
iii Reconciliation of Reporting Segments with the Financial Statements
Revenues
Results/
Particulars
Total of Reportable
Segment
Assets
Liabilities
Net Profit
2013-14
2012-13
2013-14
2012-13
2013-14
2012-13
2013-14
2012-13
34442
22652
5259
3315
9682
7281
5989
3441
371
495
240
45
4728
1132
138
76
(1461)
(1175)
376
274
281
105
511
230
34813
23147
4319
2290
15297
8643
6127
3791
(0)
Corporate/ Unallocated
(Net)
Income Tax
Deferred Tax
As per Financial
Statements
B Secondary Segment (Geographic Segment)
For the purpose of geographical segment, sales are divided into two segments- exports and domestic.
Domestic
Exports
Total
Particulars
2013-14
2012-13
2013-14
92
2012-13
2013-14
2012-13
Revenues
3438
2599
31004
20054
34442
22652
Total Assets
8409
4915
6888
3728
15297
8643
28. Related Party Disclosures
a.
List of Related Parties

Parties where control exists:
Holding Company
TELEFONAKTIEBOLAGET LM ERICSSON
Other related Parties with whom transactions have taken place during the year:
Fellow Subsidiaries
ERICSSON TELECOMUNICACOES LDA.
ERICSSON SUB-SAHARAN AFRICA
ERICSSON AB ANGOLA BRANCH
EAB BRANCH UNITED ARAB EMIRATE
ERICSSON AB AFGANISTAN BRANCH
ERICSSON AB BO ARMENIA
ERICSSON AB BO AZERBAIJAN
ERICSSON AB BR. OFF. BARBADOS
ERICSSON AB BR.OFF. BURKINO FA
ERICSSON AB BAHRAIN BRANCH
ERICSSON AB SUCCURSALE BENIN
ERICSSON AB BOTSWANA BRANCH
ERICSSON AB BR. REPUBLIC CONGO
ERICSSON CONGO KINSHASA
ERICSSON AB IVORY COAST
EAB CYPRUS BRANCH
ERICSSON REP ?LICA DOMINICANA
ERICSSON AB GABON BRANCH
ERICSSON RADIO SYSTEMSAB GHANA
ERICSSON GUINEA CONAKRY
ERICSSON BRANCH OFFICE JAMAICA
93
ERICSSON AB JORDAN
ERICSSON AB BO MADAGASCAR
ERICSSON AB BO MALTA
ERICSSON AB BRANCH MALAWI
ERICSSON MOZAMBIQUE
ERICSSON AB BR. OFFICE NIGER
ERICSSON AB,SUCURSAL NICARAGUA
ERICSSON BR PALESTINE
ERICSSON AB
EAB RWANDA BRANCH
ERICSSON AB KSA BRANCH
ERICSSON AB SIERRA LEONE BRANC
ERICSSON AB SURINAM BRANCH
ERICSSON AB SUCCURSALE TCHAD
ERICSSON AB SA SUCCURSALE DU
ERICSSON AB BRANCH OFF TUNISIA
ERICSSON AB TRINIDAD ANDTOBAGO
ERICSSON BRANCH OFFICE TANZANI
ERICSSON AB BRANCH UGANDA
ERICSSON AB ZAMBIA BRANCH
ERICSSON (CHINA) COMMUNICATIONS
COMPANIA ERICSSON URUGUAY S.A.
COMPANIA ERICSSON S.A.C.I.
ERICSSON CHILE S.A.
COMPANIA ERICSSON SOCIEDAD ANO
CIA ANONIMA ERICSSON
ERICSSON CAMEROON
ERICSSON AB
AUDIOLOG GROUPE ERICSSON S.A.S
ERICSSON ALGERIE S.A.R.L.
ERICSSON AG
ERICSSON BRANCH OFFICE BOLIVIA
ERICSSON S.A./N.V.
ERICSSON ARASTIRMA
ERICSSON (MALAYSIA) SDH BHD
ERICSSON CORPORATIA AO
94
ERICSSON (THAILAND) LTD.

ERICSSON SPOL. S.R.O.
ERICSSON TELECOMUNICACOES S.A.
ERICSSON DE COLOMBIA S.A.
ERICSSON GMBH
ERICSSON IT SOLUTIONS & SERVIC
ERICSSON DE GUATEMALA S.A.
ERICSSON DE PANAMA S.A.
ERICSSON EESTI AS
ERICSSON EGYPT LTD.
ERICSSON ESPANA S.A.
ERICSSON GEORGIA LTD
ERICSSON INDIA GLOBAL SERVICES
ERICSSON LTD.
ERICSSON DE HONDURAS S.A.
P.T. ERICSSON INDONESIA
ERICSSON INDIA PRIVATE LTD.
ERICSSON KENYA LIMITED
ERICSSON KAZAKHSTAN LLP
ERICSSON LEBANON COMMUNICATION
ERICSSON-LG CO., LTD.
UAB ERICSSON LIETUVA
SIA ERICSSON LATVIA
ERICSSON CANADA INC.
ERICSSON TELECOMMUNICATIONS SR
ERICSSON MAROC SARL
ERICSSON MYANMAR COMPANY LIMIT
ERICSSON TELEKOMUNIKASYON A.S.
ERICSSON NETWORK SERVICES B.V
ERICSSON TELECOMMUNICATIONS PT
ERICSSON TELECOMMUNICATIONS IN
ERICSSON COMMUNICATIONS LTD.
LM ERICSSON ISRAEL LTD.
ERICSSON AUSTRALIA PTY. LTD.
PRIDE S.P.A.
95
ERICSSON TELECOMMUNICATIONS RO
ERICSSON CARIBBEAN INC.
ERICSSON DEL PARAGUAY S.A.
ERICSSON DE COSTA RICA S.A.
ERICSSON TAIWAN LTD.
ERICSSON SOUTH AFRICA (PTY) LT
ERICSSON AB (ESE)
ERICSSON FRANCE S.A.
ERICSSON TELECOMMUNICATIONS LA
ERICSSON EL SALVADOR S.A. DE C
ERICSSON TELECOMMUNICATIONS BU
ERICSSON (HELLAS) TELECOMMUNIC
ERICSSON HUNGARY LTD.
ERICSSON NIKOLA TESLA
ERICSSON LTD.
ERICSSON TELECOMMUNICATIE B.V.
ERICSSON A/S
ERICSSON VIETNAM CO LTD
ERICSSON INC.
ERICSSON D.O.O.
ERICSSON D.O.O. ZA TELECOMUNI
ERICSSON ZIMBABWE (PTY) LTD.
ERICSSON RESOURCE & COMPETENCE
ERICSSON INTERNATIONAL SERVICE
KUWAIT ERICSSON TELEPHONE
ERICSSON TELEKOMMUNIKATION GMBH.
L M ERICSSON A/S
OY L M ERICSSON AB
L M ERICSSON LIMITED
L M ERICSSON (NIGERIA) LTD.
NIPPON ERICSSON K.K.
ERICSSON OMAN LLC
ERICSSON REGIONAL OFFICE, JORD
ERICSSON SLOVAKIA SPOL. S.R.O.
96
ERICSSON AUSTRIA AG
ERICSSON SENEGAL
OPTIMI SPAIN S.L.U.
ERICSSON SERV ADM MEXICO S.A
ERICSSON DE ECUADOR C.A.
ERICSSON TELECOMUNICAZIONI SPA
TELCORDIA TECHNOLOGIES
ERICSSON TELECOM S.A DE C.V.
ERICSSON BROADCAST SERVICES FR
ERICSSON BROADCAST SERVICES UK
TELEFONAKTIEBOLAGET LM EAB UAE
ERICSSON AB LIBYA BRANCH
ERICSSON TELECOM MACEDONIA LTD
NEDERLANDS OMROEPPRODUCKTIE
ERICSSON TELEVISION LIMITED
ERICSSON TELEVISION INC.
ERICSSON, SUBSIDIARY ENTERPRISE
CONCEPTWAVE SOFTWARE INC.
Key Management Personnel:

Mr. Mats Robert Agervi , Managing Director
Mr. Abhay Kumar Vaish, Director
Mr. Debasish Roy Chowdhury, CFO & Director
Mr. Amitabh Ray , Director (Resigned on 28th November, 2013)
b.
Transactions with related parties during the period in ordinary course of business
Particulars
Particulars
Fellow Subsidiaries
2013-14
2012-13
18757
13673
Holding Company
2013-14
2012-13
Total
2013-14
2012-13
18757
13673
i. Rendering of Services
Ericsson AB
97
Ericsson Inc.
4288
1513
4288
1513
Ericsson India Private Ltd.
3438
2599
3438
2599
Telefonaktiebolaget LM
Ericsson
337
Others
7622
4867
7622
4867
Grand total
34105
22652
34442
22652
Ii
337
Particulars
Particulars
337
Fellow Subsidiaries
2013-14
2012-13
Ericsson AB
2430
Ericsson International Services

B.V.
Holding Company
2013-14
2012-13
Total
2013-14
2012-13
1647
2430
1647
393
285
393
285
330
353
330
353
125
49
87
3327
2373
ii. Receipt of Services
Ericsson
125
Others
49
87
Grand total
3202
2372
Particulars
Particulars
125
Fellow Subsidiaries
2013-14
2012-13
186
Holding Company
2013-14
2012-13
Total
2013-14
2012-13
186
iii. Bad Debts written off and

Provisions for Doubtful Debts
Bad Debts:
Ericsson Egypt Ltd.
98
Compania Ericsson S.A.C.I.
Cia Anonima Ericsson
62
62
Total
259
259
Ericsson Egypt Ltd.
400
400
34
34
Total
441
441
Provision for Doubtful Debts:
Particulars
Particulars
Fellow Subsidiaries
2013-14
2012-13
Holding Company
2013-14
2012-13
Total
2013-14
2012-13
iv. Transfer of Employees Balances

Ericsson India Private
Limited
Liabilities
Particulars
Particulars
Fellow Subsidiaries
2013-14
2012-13
10
246
Holding Company
2013-14
2012-13
Total
2013-14
2012-13
10
246
v. Purchase of Fixed Assets

Ericsson India Private
Limited
99
c.
Others
11
13
11
13
Grand total
21
259
21
259
Outstanding recoverable balance (net) as at the year end
Particulars
Fellow Subsidiaries
Particulars
2013-14
2012-13
Ericsson AB
1728
Ericsson Inc.
2013-14
2012-13
91
1728
91
680
529
680
529
278
761
278
761
Ericsson Ab - Saudi Arabia

Branch
257
89
257
89
58
1656
1351
4657
2821
58
Others
1656
1351
Grand total
4599
2821
2012-13
Total
2013-14
Ericsson
d.
Holding Company
58
Managerial remuneration & other reimbursements to Key Management Personnel *
Particulars
Year Ended March 31, 2014
Mr. Mats Robert Agervi
34
32
Mr. Abhay Kumar Vaish
13
12
Mr. Debasish Roy Chowdhury
18
17
Mr. Amitabh Ray
25
32
Total
90
93
100
*Key Management Personnel are covered under the Companys gratuity and leave encashment scheme along with the other employees of the
Company. The gratuity/ leave encashment liability is determined for all employees based on an independent actuarial valuation. The specific
amount of gratuity/ leave encashment for Key Management Personnel cannot be ascertained separately and accordingly the same has not
been included above.
29. The company has operating lease for office premises. These lease arrangements range for a period between 3 to 9 years, which includes
cancelable and non- cancelable leases. Most of the leases are renewable for further period on mutually agreeable terms and also includes
escalation clauses.
Particulars
Payable in the next 1 Year
Payable in the next 2 to 5 Years
Particulars
As at 31st March,
2014
As at 31st March, 2013
As at 31st March, 2014
As at 31st March,
2013
Minimum Lease Payments
515
256
262
120
During the period the company has recognised lease rent of Rs. 807 Millions (Previous year Rs 405 Million) in Statement of Profit & Loss.
30. CIF Value of Imports
Particulars
2013-14
2012-13
Capital Assets
47
111
Total
47
111
31. Estimated amount of contracts remaining to be executed on capital account - Rs. 193 Million (Previous year Rs.98 Million).
101
32. (a) Liabilities pertaining to group companies amounting to Rs. 38 Million (Previous year Rs 75 Million) are under reconciliation and have
not been accounted for by the company.
32. (b) The bank has given guarantee of Rs. 0.10 Million (Previous year Rs 0.64 Million) to government authorities on behalf of the company.\
33. The Company is not compensating its holding company for the grants made to the employees of the Company and accordingly, there are no
costs being reflected in the financial statements. However the disclosure requirements of the Guidance Note issued by the Institute of
Chartered Accountants of India on accounting for employee share based payments have been complied with (except for the requirements
provided under para 51(b) of the said Guidance Note in relation to the weighted average fair value at the grant date for which, relevant
information is not readily available with the company) and are given hereunder:
Stock Purchase Plan (SPP)

Scheme
Employees Stock Purchase Plan of Telefonaktiebolaget LM Ericsson (LME).-the Holding

Company.
Name of Plans
SPP 2011
Name of Plans
SPP 2012
Name of Plans
SPP 2013
Applicability
All employees of Ericsson India Global Services Private Limited
Employee Contribution
Maximum of 7.5% of gross base salary per month
Details of the Scheme
An employee who participates in the SPP and remains employed within Ericsson group, and
retains shares bought with their contribution for a period of 3 years from the investment date
will be entitled to one free matching share for each share held.
In addition to this, some of the key employees may be entitled to an additional matching of upto
eight shares under Key Contributor and Performance Matching Programs.
34. The Company has established a comprehensive system of maintenance of information and documents as required by the transfer pricing
regulation under sections 92-92F of the Income-Tax Act, 1961. The management is of the opinion that its international transactions are at
arms length so that the aforesaid legislation will not have any impact on the financial statements particularly on the amount of tax expense
and that of provision for taxation. The transfer pricing under the Income Tax Act, in respect of transactions with the group companies for the
year will be completed before the filing of tax return for the assessment year 2014-15. The transfer pricing study for the fiscal year ended
March 31, 2014 is in progress and its not expected to result in any material adjustment to the financial statement.
35. The Company has certain dues to suppliers registered under Micro, Small and Medium Enterprises Development Act, 2006 (MSMED Act).
The disclosures pursuant to the said MSMED Act are as follows:
Particulars
Principal amount due to suppliers registered under the MSMED Act and remaining
102
Year Ended March 31,

2014
Year Ended March 31,

2013
Absolute figures INR
Absolute figures INR
49058
337811
unpaid as at year end

Interest due to suppliers registered under the MSMED Act and remaining unpaid as at
year end
5791
Principal amounts paid to suppliers registered under the MSMED Act, beyond the
appointed day during the year
9842429
24215782
Interest paid, other than under Section 16 of MSMED Act, to suppliers registered
under the MSMED Act, beyond the appointed day during the year
Interest paid, under Section 16 of MSMED Act, to suppliers registered under the
MSMED Act, beyond the appointed day during the year
Interest due and payable towards suppliers registered under MSMED Act, for
payments already made
1048877
725200
Further interest remaining due and payable for earlier years
36. The Company has entered into Asset Transfer Agreement and Employee Transfer Agreement on July 30th, 2013 with ST Ericsson India
Private Limited. Pursuant to agreements entered into by the Company, the following assets and liabilities were acquired by the Company:
Asset acquired under "Asset Transfer Agreement"

Tangible Assets
263
Liabilities acquired under "Employee Transfer Agreement"

Gratuity
23
Leave Encashment
Variable Compensation
30
Total
60
37. Previous year figures have also been reclassified to conform to this years classification.
103
Mats Robert Agervi
Firm Registration No. 304026E
Managing Director
Debasish Roy Chowdhury

Director
Harinderjit Singh
Partner
Membership No. 086994
Company Secratary
Place : Gurgaon
Dated : June 25, 2014
[201200] Notes - Employee benefits

01/04/2013
to
31/03/2014
Textual
[See below]
Disclosure of employee benefits explanatory [TextBlock]
104
information
(34)

Disclosure of employee benefits explanatory [Text Block]
(a) Defined Contribution Plans
During the year the company has recognised Rs. 108 Million (Previous year Rs. 82 Million) in the Statement of Profit and Loss in relation to
contribution to Regional Provident Fund Commissioner.
(b) Defined Benefit Plans

A)
Gratuity
(i) Present Value of Defined Benefit Obligations

Particulars
402
230
Service cost
184
158
Interest cost
32
19
Actuarial loss/(gain)
(22)
(2)
Acquisition Liability/ Cost
27
Benefits Paid
(9)
(3)
614
402
Particulars
393
220
Contribution by company
100
150
Benefits paid
(9)
(2)
Expected return
35
24
Actuarial Gain/(Loss)
(3)
Acquisition Adjustment
520
393
(ii) Fair value of Plan Assets
105
(iii) Major Category of Plan Assets as a % of total Plan Assets

Particulars
Public/ Private Insurance Companies
100%
100%
The expected rate of return on assets is determined based on the

assessment made at the beginning of the year on the return expected
on its existing portfolio, along with the estimated increment to the
plan assets and expected yield on the respective assets in the portfolio
during the year.
(iv) Liabilities recognised in Balance Sheet

Particulars
Present value of Defined Benefits
614
402
Less: Fair value of Plan Assets
520
393
Amount recognised as liability
94
94
94
Particulars
Current Service cost
184
158
Interest cost
32
19
Net actuarial loss/(gain) recognized
(22)
(2)
Expected Return on plan assets
(35)
(24)
Net amount recognized
159
151
Liability Recognised as under:

Long term Provision
Total
(v) Expense recognized in the Statement of Profit and Loss
(vi) Actuarial Assumptions

Particulars
Gratuity
Discount Rate
9.25%
8.10%
Expected rate of return on Plan Assets
8.00%
8.00%
Rate of increase in Compensation
9.50%
9.50%
The estimates of future salary increases, considered in actuarial valuation, takes into account, inflation, seniority, promotions and other relevant
factors, such as demand and supply in the employment market.
106
Gratuity
Experience History
Period Ending
March 31, 2014
March 31, 2013
March 31, 2012
March 31, 2011
Defined Benefit Obligation at end of

the period
(614)
(402)
(230)
(102)
Plan Assets at end of the period
520
393
Funded Status [Surplus/ (Deficit)]
(94)
(9)
(230)
(102)

plan liabilities
(53)
(62)
(48)
(8)

plan assets
(3)
Experience Gain/ (Loss) due to change

of assumption
75
(63)
*Experience history of four years since company was formed in FY 2010-11 only.
B) Provident Fund
During the period the company has recognized Rs. 529 Million (Previous year Rs. 372 Million) in the Statement of Profit and Loss in relation to
contribution to Ericsson Employee Provident Fund Trust.
(i) Liabilities recognised in Balance Sheet

Particulars

Actuarial Liability
22
20
Fair Value of Assets
27
18
Net Liability
Nil
Particulars
Central/State Government Securities
63.60%
60.64%
Public / Private Sector Bonds
36.33%
39.26%
Mutual Funds
0.07%
0.10%
(ii) Major Category of Plan Assets as a % of total Plan Assets
The expected rate of return on assets is determined based on the assessment made at the beginning of the year on the return expected on its
existing portfolio, along with the estimated increment to the plan assets and expected yield on the respective assets in the portfolio during the
year.
(iii) Expense recognized in the Statement of Profit and Loss
Particulars
107
Nil
Particulars
Discount Rate
9.25%
8.10%
Expected Rate of return
8.75%
8.60%
Interest Cost
(iv) Actuarial Assumptions
Disclosure related to Provident Fund is limited to extent information provided by actuary.
[201300] Notes - Segments

01/04/2013
to
31/03/2014
Textual
information
[See below]
Disclosure of enterprise's reportable segments explanatory [TextBlock]
108
(35)

Disclosure of enterprise's reportable segments explanatory [Text Block]
27. Segment Information
The business segments are as follows:
A Primary Segment Reporting (by Business Segment)
Composition of Business Segments

The Company?s business segments are defined based on nature of serrvices provided, which are as follows:
- Network Operating , System Integration & Software support Services:

The segment is engaged in the business of providing specialized services in terms of operating the network and supporting the same through
provision of engineering services in line with the accounting policy for revenue recognition (refer note 2.5). This segment also includes consulting
and system integration services. In addition to above services, software support services in the nature of first and second line support services are
also provided.
-Research & Development Services:
The segment is engaged in the business of doing research and delivering software-based solutions for telecommunication industry in line with the
accounting policy for revenue recognition (refer note 2.5).
ii Segment Revenue, Results and Other Information
Network Operation, System
Integration & Software Support
2013-14
2012-13
Research & Development

Services
2013-14
2012-13
2013-14
Revenue
29632
20001
4810
2651
34442
22652
Result
4709
2940
550
375
5259
3315
Segment Assets
8770
6872
912
409
9682
7281
Segment Liabilities
5159
3034
830
407
5989
3441
Capital Expenditure
1167
1914
290
10
1457
1924
Depreciation
1192
866
173
12
1365
878
Non Cash Expenses other than

Depreciation
286
263
56
47
342
310
Particulars
Total
2012-13
iii Reconciliation of Reporting Segments with the Financial Statements

Revenues
2013-14
2012-13
Results/
Net Profit
2013-14
2012-13
Total of Reportable Segment
34442
22652
5259
3315
9682
7281
5989
3441
Corporate/ Unallocated (Net)
371
495
240
45
4728
1132
138
76
Income Tax
(1461)
(1175)
376
274
Deferred Tax
281
105
511
230
Particulars
109
Assets
Liabilities
2013-14
2012-13
2013-14
2012-13
As per Financial Statements
34813
B Secondary Segment (Geographic Segment)
23147
4319
2290
15297
8643
6127
3791
(0)
For the purpose of geographical segment, sales are divided into two segments- exports and domestic.
Domestic
Particulars
Exports
Total
2013-14
2012-13
2013-14
2012-13
2013-14
2012-13
Revenues
3438
2599
31004
20054
34442
22652
Total Assets
8409
4915
6888
3728
15297
8643
[201600] Notes - Related party

Disclosure of relationship and transactions between related parties [Table]
..(1)

Categories of related parties [Axis]
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
Disclosure of relationship and transactions between

related parties [Abstract]
related parties [LineItems]
Name of related party
Country of incorporation or residence of related
party
Permanent account number of related party
CIN of related party
Description of nature of related party relationship
Related party transactions [Abstract]
Purchases of tangible assets related party
transactions
Services received related party transactions
Revenue from rendering of services related
party transactions
Outstanding balances for related party
transactions [Abstract]
Amounts receivable related party transactions
Amount written off during period in respect
of debts due from related parties
Description of other related party
transactions which are necessary for
understanding of financial statements
Ericsson AB
Ericsson AB
Ericsson
Limited
SWEDEN
SWEDEN
INDIA
India
Private Ericsson
Limited
India
Private
INDIA
AAACE0138N
AAACE0138N
U74899DL1992PTC047977 U74899DL1992PTC047977
Fellow Subsidiary Fellow Subsidiary
Fellow Subsidiary company Fellow Subsidiary company
company
company
10
246
2,430
1,647
330
353
18,757
13,673
3,438
2,599
1,728
91
278
761
62
110
..(2)

01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013

Ericsson
International
Services B.V.
Ericsson International Ericsson Ab- Saudi Ericsson Ab- Saudi

Services B.V.
Arabia Branch
Arabia Branch

party
NETHERLANDS
NETHERLANDS
Fellow Subsidiary Fellow

Subsidiary Fellow Subsidiary Fellow
Subsidiary
company
company
company
company

393
SAUDI ARABIA
SAUDI ARABIA
285
257
89
..(3)

01/04/2013
to
31/03/2014
party
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
Ercisson Egypt Ltd Ercisson Egypt Ltd
Ericsson Inc.
Ericsson Inc.
EGYPT
UNITED STATES
UNITED STATES
EGYPT

Subsidiary
company
company
company
company

party transactions
Provisions for doubtful debts related to
outstanding balances of related party
transaction
111
400
186
4,288
1,513
680
529
..(4)

01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013

Others
Others
Compania Ericsson Compania

S.A.C.I.
S.A.C.I.

party
SWEDEN
SWEDEN
ARGENTINA

Subsidiary
company
company
company
company

Purchases of tangible assets related party
transactions
party transactions
transaction
11
13
49
87
7,622
4,867
1,656
1,351
Ericsson
ARGENTINA
34
..(5)

01/04/2013
to
31/03/2014
10
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013

party
Cia
Anonima
Cia Anonima Ericsson Mat Robert Agervi Mat Robert Agervi
Ericsson
VENEZUELA,
VENEZUELA,
BOLIVARIAN
BOLIVARIAN
REPUBLIC OF
REPUBLIC OF
Subsidiary Key Management Key
Management
company
company
Personnel
Personnel
Transaction relating to key management personnel

[Abstract]
Remuneration for key managerial personnel
transaction
34
112
32
..(6)

11
01/04/2013
to
31/03/2014
12
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013

Debasish
Roy Debasish
Roy
Chowdhury
Chowdhury
Key Management Key
Management Key Management Key
Management
Personnel
Personnel
Personnel
Personnel
Abhay Kumar Vaish Abhay Kumar Vaish

[Abstract]
13
12
18
17
..(7)

13
01/04/2013
to
31/03/2014
14
01/04/2012
to
31/03/2013
01/04/2013
to
31/03/2014
01/04/2012
to
31/03/2013

Amitabh Ray
Telefonktiebolaget Telefonktiebolaget
LMEricsson
LMEricsson
Amitabh Ray

party
SWEDEN
SWEDEN
Key Management Key

Management
Holding company
Personnel
Personnel

party transactions
[Abstract]
transaction
25
Holding company
125
337
32
58
0

01/04/2013
to
31/03/2014
Textual
information
[See below]
Yes
Yes
Section 4(1)(b)
Disclosure of notes on related party explanatory [TextBlock]

Whether there are any related party transactions during year
Whether company is subsidiary company
Section under which company is subsidiary
113
01/04/2012
to
31/03/2013
(36)
Yes
Yes
Section 4(1)(b)

Disclosure of notes on related party explanatory [Text Block]
28. Related Party Disclosures
a.
List of Related Parties

Parties where control exists:
Holding Company
Other related Parties with whom transactions have taken place during the year:
Fellow Subsidiaries
ERICSSON TELECOMUNICACOES LDA.
ERICSSON SUB-SAHARAN AFRICA
ERICSSON AB ANGOLA BRANCH
EAB BRANCH UNITED ARAB EMIRATE
ERICSSON AB AFGANISTAN BRANCH
ERICSSON AB BO ARMENIA
ERICSSON AB BO AZERBAIJAN
ERICSSON AB BR. OFF. BARBADOS
ERICSSON AB BR.OFF. BURKINO FA
ERICSSON AB BAHRAIN BRANCH
ERICSSON AB SUCCURSALE BENIN
ERICSSON AB BOTSWANA BRANCH
ERICSSON AB BR. REPUBLIC CONGO
ERICSSON CONGO KINSHASA
ERICSSON AB IVORY COAST
EAB CYPRUS BRANCH
ERICSSON REPBLICA DOMINICANA
ERICSSON AB GABON BRANCH
ERICSSON RADIO SYSTEMSAB GHANA
ERICSSON GUINEA CONAKRY
ERICSSON BRANCH OFFICE JAMAICA
ERICSSON AB JORDAN
ERICSSON AB BO MADAGASCAR
ERICSSON AB BO MALTA
114
ERICSSON AB BRANCH MALAWI

ERICSSON MOZAMBIQUE
ERICSSON AB BR. OFFICE NIGER
ERICSSON AB,SUCURSAL NICARAGUA
ERICSSON BR PALESTINE
ERICSSON AB
EAB RWANDA BRANCH
ERICSSON AB KSA BRANCH
ERICSSON AB SIERRA LEONE BRANC
ERICSSON AB SURINAM BRANCH
ERICSSON AB SUCCURSALE TCHAD
ERICSSON AB SA SUCCURSALE DU
ERICSSON AB BRANCH OFF TUNISIA
ERICSSON AB TRINIDAD ANDTOBAGO
ERICSSON BRANCH OFFICE TANZANI
ERICSSON AB BRANCH UGANDA
ERICSSON AB ZAMBIA BRANCH
ERICSSON ( CHINA ) COMMUNICATIONS
COMPANIA ERICSSON URUGUAY S.A.
COMPANIA ERICSSON S.A.C.I.
ERICSSON CHILE S.A.
COMPANIA ERICSSON SOCIEDAD ANO
CIA ANONIMA ERICSSON
ERICSSON CAMEROON
ERICSSON AB
AUDIOLOG GROUPE ERICSSON S.A.S
ERICSSON ALGERIE S.A.R.L.
ERICSSON AG
ERICSSON BRANCH OFFICE BOLIVIA
ERICSSON S.A./N.V.
ERICSSON ARASTIRMA
ERICSSON ( MALAYSIA ) SDH BHD
ERICSSON CORPORATIA AO
ERICSSON (THAILAND) LTD.
ERICSSON SPOL. S.R.O.
115
ERICSSON TELECOMUNICACOES S.A.

ERICSSON DE COLOMBIA S.A.
ERICSSON GMBH
ERICSSON IT SOLUTIONS & SERVIC
ERICSSON DE GUATEMALA S.A.
ERICSSON DE PANAMA S.A.
ERICSSON EESTI AS
ERICSSON EGYPT LTD.
ERICSSON ESPANA S.A.
ERICSSON GEORGIA LTD
ERICSSON INDIA GLOBAL SERVICES
ERICSSON LTD.
ERICSSON DE HONDURAS S.A.
P.T. ERICSSON INDONESIA
ERICSSON INDIA PRIVATE LTD.
ERICSSON KENYA LIMITED
ERICSSON KAZAKHSTAN LLP
ERICSSON LEBANON COMMUNICATION
ERICSSON-LG CO., LTD.
UAB ERICSSON LIETUVA
SIA ERICSSON LATVIA
ERICSSON CANADA INC.
ERICSSON TELECOMMUNICATIONS SR
ERICSSON MAROC SARL
ERICSSON MYANMAR COMPANY LIMIT
ERICSSON TELEKOMUNIKASYON A.S.
ERICSSON NETWORK SERVICES B.V
ERICSSON TELECOMMUNICATIONS PT
ERICSSON TELECOMMUNICATIONS IN
ERICSSON COMMUNICATIONS LTD.
LM ERICSSON ISRAEL LTD.
ERICSSON AUSTRALIA PTY. LTD.
PRIDE S.P.A.
ERICSSON CARIBBEAN INC.
ERICSSON DEL PARAGUAY S.A.
116
ERICSSON DE COSTA RICA S.A.

ERICSSON TAIWAN LTD.
ERICSSON SOUTH AFRICA (PTY) LT
ERICSSON AB (ESE)
ERICSSON FRANCE S.A.
ERICSSON TELECOMMUNICATIONS LA
ERICSSON EL SALVADOR S.A. DE C
ERICSSON TELECOMMUNICATIONS BU
ERICSSON ( HELLAS) TELECOMMUNIC
ERICSSON HUNGARY LTD.
ERICSSON NIKOLA TESLA
ERICSSON LTD.
ERICSSON TELECOMMUNICATIE B.V.
ERICSSON A/S
ERICSSON VIETNAM CO LTD
ERICSSON INC.
ERICSSON D.O.O.
ERICSSON D.O.O. ZA TELECOMUNI
ERICSSON ZIMBABWE (PTY) LTD.
ERICSSON RESOURCE & COMPETENCE
ERICSSON INTERNATIONAL SERVICE
KUWAIT ERICSSON TELEPHONE
ERICSSON TELEKOMMUNIKATION GMBH.
L M ERICSSON A/S
OY L M ERICSSON AB
L M ERICSSON LIMITED
L M ERICSSON (NIGERIA) LTD.
NIPPON ERICSSON K.K.
ERICSSON OMAN LLC
ERICSSON REGIONAL OFFICE, JORD
ERICSSON SLOVAKIA SPOL. S.R.O.
ERICSSON AUSTRIA AG
ERICSSON SENEGAL
OPTIMI SPAIN S.L.U.
117
ERICSSON SERV ADM MEXICO S.A

ERICSSON DE ECUADOR C.A.
ERICSSON TELECOMUNICAZIONI SPA
ERICSSON TELECOM S.A DE C.V.
ERICSSON BROADCAST SERVICES FR
ERICSSON BROADCAST SERVICES UK
TELEFONAKTIEBOLAGET LM EAB UAE
ERICSSON AB LIBYA BRANCH
ERICSSON TELECOM MACEDONIA LTD
NEDERLANDS OMROEPPRODUCKTIE
ERICSSON TELEVISION LIMITED
ERICSSON TELEVISION INC.
ERICSSON, SUBSIDIARY ENTERPRISE
CONCEPTWAVE SOFTWARE INC.
Key Management Personnel:

Mr. Mats Robert Agervi , Managing Director
Mr. Abhay Kumar Vaish, Director
Mr. Debasish Roy Chowdhury, CFO & Director
Mr. Amitabh Ray , Director (Resigned on 28th November, 2013)
b.
Transactions with related parties during the period in ordinary course of business
Particulars
Particulars
Fellow Subsidiaries
2013-14
2012-13
Ericsson AB
18757
Ericsson Inc.
Holding Company
2013-14
2012-13
Total
2013-14
2012-13
13673
18757
13673
4288
1513
4288
1513
3438
2599
3438
2599
Telefonaktiebolaget LM Ericsson
337
Others
7622
4867
7622
4867
Grand total
34105
22652
34442
22652
i. Rendering of Services
337
337
118
Ii
Particulars
Particulars
Fellow Subsidiaries
2013-14
2012-13
Ericsson AB
2430
Ericsson International Services

B.V.
Holding Company
2013-14
2012-13
Total
2013-14
2012-13
1647
2430
1647
393
285
393
285
330
353
330
353
125
49
87
3327
2373
ii. Receipt of Services
125
Others
49
87
Grand total
3202
2372
Particulars
Particulars
125
Fellow Subsidiaries
2013-14
2012-13
Ericsson Egypt Ltd.
186
Holding Company
2013-14
2012-13
Total
2013-14
2012-13
186
62
62
Total
259
259
Ericsson Egypt Ltd.
400
400
34
34
Total
441
441
iii. Bad Debts written off and Provisions

for Doubtful Debts
Bad Debts:
Provision for Doubtful Debts:
Particulars
Particulars
Fellow Subsidiaries
2013-14
2012-13
iv. Transfer of Employees Balances

119
Holding Company
2013-14
2012-13
Total
2013-14
2012-13
Ericsson India Private Limited

Liabilities
Particulars
Particulars
Fellow Subsidiaries
2013-14
2012-13
Ericsson India Private Limited
10
Others
Grand total
Holding Company
2013-14
2012-13
Total
2013-14
2012-13
246
10
246
11
13
11
13
21
259
21
259
v. Purchase of Fixed Assets
c.
Outstanding recoverable balance (net) as at the year end

Particulars
Fellow Subsidiaries
Particulars
2013-14
2012-13
Ericsson AB
1728
Ericsson Inc.
Holding Company
2013-14
2013-14
2012-13
91
1728
91
680
529
680
529
278
761
278
761
Ericsson Ab - Saudi Arabia Branch
257
89
257
89
58
1656
1351
4657
2821
58
Others
1656
1351
Grand total
4599
2821
58
2012-13
Total
d. Managerial remuneration & other reimbursements to Key Management Personnel *

Particulars
Mr. Mats Robert Agervi
34
32
Mr. Abhay Kumar Vaish
13
12
Mr. Debasish Roy Chowdhury
18
17
Mr. Amitabh Ray
25
32
Total
90
93
*Key Management Personnel are covered under the Company?s gratuity and leave encashment scheme along with the other employees of
120
the Company. The gratuity/ leave encashment liability is determined for all employees based on an independent actuarial valuation. The
specific amount of gratuity/ leave encashment for Key Management Personnel cannot be ascertained separately and accordingly the same has
not been included above.
[300300] Notes - Earnings per share

01/04/2013
to
31/03/2014
Disclosure of earnings per share explanatory [TextBlock]
Adjustments of numerator to calculate basic earnings per share [Abstract]
Adjustments of numerator to calculate diluted earnings per share [Abstract]
01/04/2012
to
31/03/2013
4,319
2,290
4,319
2,290
[202800] Notes - Subsidiary information

01/04/2013
to
31/03/2014
Disclosure of subsidiary information explanatory [TextBlock]
Whether company has subsidiary companies
No
[201900] Notes - Income taxes

31/03/2014
31/03/2013
Disclosure of notes on income taxes explanatory [TextBlock]

Disclosure of breakup of deferred tax assets and deferred tax liabilities
[Abstract]
Components of deferred tax assets [Abstract]
Deferred tax asset, employee benefits
Deferred tax asset, fixed assets
Deferred tax asset, provision doubtful debts
Deferred tax asset, other
Total deferred tax assets
Footnotes
(A) Provision for gratuity and leave encashment
(B) Provision for gratuity and leave encashment
(C) Difference between WDV of fixed assets as per books and under Income tax Act, 1961
(D) Difference between WDV of fixed assets as per books and under Income tax Act, 1961
(E) bonus payable
(F) bonus payable
121
(A) 118
(B) 89
(C) 147
95
(D) 61
0
(E) 151
511
(F) 80
230
[202400] Notes - Investments in associates

01/04/2013
to
31/03/2014
Disclosure of notes on investment in associates explanatory [TextBlock]
Whether company has invested in associates
No
[202500] Notes - Financial reporting of interests in joint ventures

01/04/2013
to
31/03/2014
Disclosure of notes on interests in joint ventures explanatory [TextBlock]
Whether company has invested in joint ventures
No
[202700] Notes - Cash flow statements

01/04/2013
to
31/03/2014
Disclosure of cash flow statement explanatory [TextBlock]
Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement
Total cash and cash equivalents
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities
Total income taxes paid (refund)
122
01/04/2012
to
31/03/2013
4,421
4,421
1,003
1,003
2,111
2,111
1,209
1,209
31/03/2012
126

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Ericsson India Global Services Private Limited

Standalone Balance Sheet for period 01/04/2013 to 31/03/2014

[400100] Disclosure of general information about company

[400400] Disclosures - Directors report

Unless otherwise specified, all monetary values are in Millions of INR

Unless otherwise specified, all monetary values are in Millions of INR

Disclosure in board of directors report explanatory [TextBlock]

Details regarding technology absorption

Details regarding foreign exchange earnings and outgo

Textual information (1)

DIRECTORS REPORT 2014

For the Period from

For the Period from

Less: Provision for Taxation

The BCM framework also consider following aspects of crisis / distruptions:

Location perspective, &

a) BCP Status Company view

b) BCP Status Location & Account / Functional view across locations

Business Continuity Plans Prepared and approved by Account Head

c) BCP Status Customer view :

Mr. Mats Robert Agervi, Managing Director

Mr. Debasish Roy Chowdhury, WTD

Mr. Abhay Vaish, WTD

Mr. Bharat Bandhu, Head Company Control

Ms. Sonia Aplin, Head-IC

Mr. Amit Shankar Kashyap, CS

Duties and Responsibilities

The responsibilities of the EGI CSR Committee shall be :

The EGI CSR Committee shall:

Publicise its activities and success stories on the Company Website.

in the preparation of the annual accounts, the applicable accounting standards

For and on behalf of the Board of Directors

The operational activity of the company does not

The Company is taking care of latest development

For the period from

For the period from

For and on behalf of the Board of Directors

NOTICE OF THE ANNUAL GENERAL MEETING

at such remuneration as may be decided by the Board of Directors of the Company

By order of the Board of Directors

Amit Shankar Kashyap

(I) Mr. Amitabh Ray

ANNEXURE TO THE NOTICE

(Pursuant to the Provisions of Section 102 of the Companies Act, 2013)

By order of the Board of Directors

Amit Shankar Kashyap

Textual information (2)

Textual information (3)

Textual information (4)

Textual information (5)

[400200] Disclosures - Auditors report

Unless otherwise specified, all monetary values are in Millions of INR

Name of audit firm

Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table]

Unless otherwise specified, all monetary values are in Millions of INR

Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in

Disclosure in auditors report relating to fixed assets

Disclosure relating to quantitative details of fixed assets

Disclosure relating to physical verification and material discrepancies of fixed

Disclosure relating to fixed assets disposed off

Disclosure in auditors report relating to inventories

Disclosure of physical verification of inventories at fixed intervals

Disclosure of procedure followed for physical verification of inventories

Disclosure about maintenance of inventory records and material discrepancies