A Matterof Taste by Alex La Guma
INFOSYS LIMITED Balance Sheet as at EQUITY AND LIABILITIES SHAREHOLDERS ' FUNDS Share capital Reserves and surplus 2.1 2.2 287 31,674 31,961 NON-CURRENT LIABILITIES Deferred tax liabilities (net) Other long-term liabilities 287 29,470 29,757 Note June 30, 2012 in ` crore March 31, 2012
2.3 2.4
45 21 66
21 21
CURRENT LIABILITIES Trade payables Other current liabilities Short-term provisions 2.5 2.6 2.7 34 2,882 1,956 4,872 36,899 ASSETS NON-CURRENT ASSETS Fixed assets Tangible assets Intangible assets Capital work-in-progress 68 2,365 3,604 6,037 35,815
2.8 2.8
4,248 29 586 4,863
4,045 16 588 4,649 1,068 189 1,431 13 7,350
Non-current investments Deferred tax assets (net) Long-term loans and advances Other non-current assets
2.10 2.3 2.11 2.12
1,084 239 1,422 7,608
CURRENT ASSETS Current investments Trade receivables Cash and cash equivalents Short-term loans and advances
2.10 2.13 2.14 2.15
2,441 6,346 16,946 3,558 29,291 36,899
341 5,404 19,557 3,163 28,465 35,815
SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS As per our report attached for B S R & Co. Chartered Accountants Firm 's Registration Number:101248W
1&2
Natrajh Ramakrishna Partner Membership No. 32815
K.V.Kamath Chairman
S. Gopalakrishnan Executive Co-Chairman
S. D. Shibulal Chief Executive Officer and Managing Director
Deepak M. Satwalekar Director
Dr. Omkar Goswami Director
Sridar A. Iyengar Director
David L. Boyles Director
Prof. Jeffrey S. Lehman Director
R.Seshasayee Director
Ann M. Fudge Director
Ravi Venkatesan Director
Srinath Batni Director
Bangalore July 12, 2012
V. Balakrishnan Director and Chief Financial Officer
B. G. Srinivas Director
N.R. Ravikrishnan Company Secretary
1
INFOSYS LIMITED Statement of Profit and Loss for the Income from software services and products Other income Total revenue Expenses Employee benefit expenses Cost of technical sub-contractors Travel expenses
2.3 2.4
45 21 66
21 21
CURRENT LIABILITIES Trade payables Other current liabilities Short-term provisions 2.5 2.6 2.7 34 2,882 1,956 4,872 36,899 ASSETS NON-CURRENT ASSETS Fixed assets Tangible assets Intangible assets Capital work-in-progress 68 2,365 3,604 6,037 35,815
2.8 2.8
4,248 29 586 4,863
4,045 16 588 4,649 1,068 189 1,431 13 7,350
Non-current investments Deferred tax assets (net) Long-term loans and advances Other non-current assets
2.10 2.3 2.11 2.12
1,084 239 1,422 7,608
CURRENT ASSETS Current investments Trade receivables Cash and cash equivalents Short-term loans and advances
2.10 2.13 2.14 2.15
2,441 6,346 16,946 3,558 29,291 36,899
341 5,404 19,557 3,163 28,465 35,815
SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS As per our report attached for B S R & Co. Chartered Accountants Firm 's Registration Number:101248W
1&2
Natrajh Ramakrishna Partner Membership No. 32815
K.V.Kamath Chairman
S. Gopalakrishnan Executive Co-Chairman
S. D. Shibulal Chief Executive Officer and Managing Director
Deepak M. Satwalekar Director
Dr. Omkar Goswami Director
Sridar A. Iyengar Director
David L. Boyles Director
Prof. Jeffrey S. Lehman Director
R.Seshasayee Director
Ann M. Fudge Director
Ravi Venkatesan Director
Srinath Batni Director
Bangalore July 12, 2012
V. Balakrishnan Director and Chief Financial Officer
B. G. Srinivas Director
N.R. Ravikrishnan Company Secretary
1
INFOSYS LIMITED Statement of Profit and Loss for the Income from software services and products Other income Total revenue Expenses Employee benefit expenses Cost of technical sub-contractors Travel expenses