|
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
|
1999 |
1998 |
1999 |
1998 |
|
|
|
Rs.million |
Rs.million |
Rs.million |
Rs.million |
|
|
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
Release of deferred connection charges (note 16) |
537
|
479
|
537
|
479
|
|
|
Rental income |
1,260 |
731
|
1,260
|
731
|
|
|
Domestic
call revenue |
7,298
|
4,820
|
7,298
|
4,820
|
|
|
Receipts
from other network operators - domestic |
190 |
179
|
190
|
179
|
|
|
International
call revenue |
2,075
|
2,153
|
2,075 |
2,153
|
|
|
Receipts
from other network operators - international |
741
|
642
|
741
|
642
|
|
|
International
settlements (in payments) [note(a)] |
5,764 |
7,691 |
5,764
|
7,691
|
|
|
Telex,
data transmission and other telephony services |
416
|
387
|
416
|
387
|
|
|
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
|
18,281
|
17,082
|
18,281
|
17,082
|
|
|
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
(a)
The Company is experiencing a reduction in international
settlements. The Directors are of the view that some
international calls are by
passing the SLTL gateway for such reduction in revenue
to occur. This issue has been referred to the Telecommunication
Regulatory Commission. |
|
|
|
|
|
|
|
|
|
|
|
|
|
2.
Operating Costs |
|
|
|
|
|
|
The
significant categories of operating costs are as follows: |
|
|
|
|
|
|
|
|
|
|
Group |
Company |
|
|
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
|
1999 |
1998 |
1999 |
1998 |
|
|
|
Rs.million |
Rs.million |
Rs.million |
Rs.million |
|
|
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
Staff
costs (note 3) |
2,313 |
2,088
|
2,313
|
2,088
|
|
|
Depreciation of tangible fixed assets (note 8) |
5,003 |
4,795
|
5,001
|
4,793
|
|
|
Payments to international network operators |
2,251
|
2,206
|
2,251
|
2,206
|
|
|
Auditors’
remuneration |
3
|
3
|
3
|
3 |
|
|
Repairs and maintenance |
735
|
817
|
735
|
817
|
|
|
Electricity |
229
|
205
|
229
|
205
|
|
|
Bad
debt/Stock provisions |
421
|
723
|
421
|
723
|
|
|
Net foreign exchange gains on operating activities |
(100) |
(503) |
(100) |
(503) |
|
|
Payments
to NTT Communications Corporation [note(a)] |
451
|
463
|
451
|
463
|
|
|
GST expense |
478
|
- |
478
|
- |
|
|
Travelling,
administration and other operating expenses |
1,436 |
1,274
|
1,411
|
1,252
|
|
|
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
|
13,220
|
12,071
|
13,193
|
12,047
|
|
|
|
---------------- |
---------------- |
---------------- |
---------------- |
|
|
(a)
Represents amounts payable to NTT Communications Corporation
on account of re-engineering expenses, salaries and
expenditure of seconded experts
and management fees (refer note 26) |
|
|
|
|
|
|
|
|
|
|
|