* Unallocated items: Unallocated items include general corporate income and expense items which are
not allocated to any business segment.

e Segment accounting policies: We prepare our segment information in conformity with the accounting
policies adopted for preparing and presenting our Restated Consolidated Financial Information as a
whole.

Earnings per share

Basic earnings per share are calculated by dividing the net profit or loss for the period attributable to equity
shareholders (after deducting preference dividends and attributable taxes) by the weighted average number of
equity shares outstanding during the year. Partly-paid equity shares are treated as a fraction of an equity share to
the extent that they are entitled to participate in dividends relative to a fully paid equity share during the
reporting period. The weighted average number of equity shares outstanding during the period is adjusted for
events such as bonus issue, bonus element in a rights issue, share split, and reverse share split (consolidation of
shares), if any, that have changed the number of equity shares outstanding, without a corresponding change in
resources.

For the purpose of calculating diluted earnings per share, the net profit or loss for the period attributable to
equity shareholders and the weighted average number of shares outstanding during the period are adjusted for
the effects of all dilutive potential equity shares.

Dividend

We recognize a liability for any dividend declared but not distributed at the end of the reporting period when the
distribution is authorized and the distribution is no longer at our discretion on or before the end of the reporting
period. A corresponding amount is recognized directly in equity.

Measurement of earnings before interest, tax, depreciation and amortisation (EBITDA)

We have opted to present earnings before interest (finance cost), tax, depreciation and amortisation and share of
profit/(loss) of associate as separate line items on the face of the Restated Consolidated Statement of Profit and
Loss for the year. We measure EBITDA on the basis of profit/loss from continuing operations including other
income. Finance cost includes interest on borrowings and others, lease liabilities, other borrowing costs and
foreign exchange on borrowing cost to the extent it is considered to be an adjustment to the interest rate.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand, unrestricted bank balances and short-term deposits with an
original maturity of three months or less, which are subject to an insignificant risk of changes in value.

Current and non-current classification

The Schedule III to the Companies Act requires assets and liabilities to be classified as either current or non-
current.

An asset is classified as current when it satisfies any of the following criteria:

«it is expected to be realised in, or is intended for sale or consumption in, the entity’s normal operating
cycle;

e — itis held primarily for the purpose of being traded;
¢ — it is expected to be realised within twelve months after the balance sheet date; or

e it is cash or a cash equivalent unless it is restricted from being exchanged or used to settle a liability for
at least 12 months after the reporting date.

All other assets are classified as non-current.

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