Investors
Financials
Balance Sheet
| Balance Sheet as at (in USD Million) | March 31, 2008 |
March 31, 2007 |
| ASSETS | ||
| Current Assets | ||
| Cash and cash equivalents | 2,058 |
1,403 |
| Investments in liquid mutual fund units | 18 |
6 |
| Trade accounts receivable, net of allowances | 824 |
565 |
| Deferred tax assets | 2 |
2 |
| Prepaid expenses and other current assets | 110 |
48 |
| Unbilled revenue | 120 |
74 |
| Total current assets | 3,132 |
2,098 |
| Property, plant and equipment, net | 1,022 |
738 |
| Goodwill | 150 |
128 |
| Intangible assets, net | 25 |
20 |
| Deferred tax assets | 66 |
19 |
| Advance income taxes | 55 |
33 |
| Other assets | 42 |
37 |
| TOTAL ASSETS | 4,492 |
3,073 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current Liabilities | ||
| Accounts Payable | 13 |
6 |
| Income taxes payable | 100 |
4 |
| Client Deposits | 1 |
1 |
| Unearned revenue | 71 |
72 |
| Other accrued liabilities | 386 |
272 |
| Total current liabilities | 571 |
355 |
| Non-current liabilities | ||
| Preferred stock of subsidiary | - |
- |
| Other non current liabilities | 11 |
1 |
| Minority interests | - |
- |
| Stockholders' Equity Common stock, $0.16 par value 600,000,000 equity shares authorized, Issued and outstanding – 551,109,960 and 571,209,862 as of March 31, 2006 and 2007 respectively |
64 |
64 |
| Additional paid-in capital | 718 |
692 |
| Accumulated other comprehensive income | 311 |
90 |
| Retained earnings | 2,817 |
1,871 |
| Total stockholders' equity | 3,910 |
2,717 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | 4,492 |
3,073 |
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