Schedules to the consolidated Balance Sheet

in Rs. crore, except as otherwise stated
As at March 31,
 2010 2009
1 SHARE CAPITAL    
  Authorized    
  Equity shares, Rs. 5/- par value    
  60,00,00,000 (60,00,00,000) equity shares 300 300
  Issued, Subscribed and Paid Up    
  Equity shares, Rs. 5/- par value(1) 287 286
  57,38,25,192 (57,28,30,043) equity shares fully paid up    
  Less : 28,33,600 shares held by controlled trusts 1 –
    286 286
  [Of the above, 53,53,35,478 (53,53,35,478) equity shares, fully paid up have been issued as bonus shares by capitalization of the general reserve]    
    286 286
Notes : Forfeited shares amounted to Rs. 1,500/- (Rs. 1,500/-)
(1) For details of options with respect to equity shares, refer to Note 24.2.7 and also refer to Note 24.2.16 for details of basic and diluted shares.

 

2
RESERVES AND SURPLUS
    
  Capital reserve 6 6
  Add : Transfer from Profit and Loss account 48 –
    54 6
  Foreign currency translation reserve 47 (7)
  Share premium account – As at April 1, 2,925 2,851
  Add : Share premium arising on consolidation of controlled trusts 4 –
           Receipts on exercise of employee stock options 88 64
           Income tax benefit arising from exercise of stock options 10 10
    3,027 2,925
  General reserve – As at April 1, 4,484 3,802
  Add : Transfer from Profit and Loss account 780 682
    5,264 4,484
  Balance in Profit and Loss account 14,324 10,560
  Add : Corpus of the controlled trusts 47 –
    14,371 10,560
    22,763 17,968

3 FIXED ASSETS

in Rs. crore, except as otherwise stated
Particulars
Original cost
Depreciation and amortization
Net book value
  As at April 1,
2009		 Additions / Adjustments Deletions / Retirement / Adjustments As at March 31,
2010		 As at April 1,
2009		 For the year Deletions / Adjustments As at March 31,
2010		 As at March 31,
2010		 As at March 31,
2009
Goodwill 689 227 – 916 – – – – 916 689
Land : Freehold 172 6 – 178 – – – – 178 172
Leasehold 113 36 – 149 – – – – 149 113
Buildings(1) 2,913 387 – 3,300 535 210 – 745 2,555 2,378
Plant and machinery(2) 1,183 213 133 1,263 521 259 132 648 615 662
Computer equipment(2) 1,233 204 186 1,251 960 272 186 1,046 205 273
Furniture and fixtures(2) 720 99 109 710 359 151 107 403 307 361
Leasehold improvements 54 2 1 55 28 12 3 37 18 26
Vehicles 4 1 – 5 1 1 – 2 3 3
Intellectual property rights 12 – – 12 12 – – 12 – –
  7,093 1,175 429 7,839 2,416 905 428 2,893 4,946 4,677
Previous year 5,439 1,999 345 7,093 1,986 761 331 2,416 4,677
 
(1) Buildings include Rs. 250/- being the value of 5 shares of Rs. 50/- each in Mittal Towers Premises Co-operative Society Limited.
(2) During the years ended March 31, 2010 and March 31, 2009, certain assets which were old and not in use having gross book value of Rs. 387 crore and Rs. 344 crore respectively, (net book value nil) were retired.


in Rs. crore, except as otherwise stated
As at March 31,
 2010 2009
4 INVESTMENTS(1)    
  Long-term investments – at cost    
  Trade (unquoted)    
  Other investments 7 12
  Less : Provision made for investments 3 12
    4 –
  Current investments – at the lower of cost and fair value    
  Non-trade (unquoted)    
  Liquid mutual fund units 2,518 –
  Certificates of deposit(2) 1,190 –
    3,708 –
    3,712 –
  Aggregate amount of unquoted investments 3,712 –
(1) Refer Note 24.2.11
(2) Includes accrued interest of Rs. 10 crore (Nil)

 

5
DEFERRED TAXES
    
  Deferred tax assets    
  Fixed assets 217 129
  Sundry debtors 28 8
  Others 187 26
    432 163
  Deferred tax liabilities    
  Branch profit tax 232 37
    232 37

 

6
SUNDRY DEBTORS
 
 
  Debts outstanding for a period exceeding six months    
  Unsecured    
  Considered good – –
  Considered doubtful 81 40
  Other debts    
  Unsecured    
  Considered good(1) 3,494 3,672
  Considered doubtful 21 66
    3,596 3,778
  Less : Provision for doubtful debts 102 106
    3,494 3,672
  (1) Includes dues from companies where directors are interested 11 8

 

in Rs. crore, except as otherwise stated
As at March 31,
 2010 2009
7 CASH AND BANK BALANCES(1)    
  Cash on hand – –
  Balances with scheduled banks(2)    
  In current accounts(3) 175 124
  In deposit accounts 9,092 8,551
  Balances with non-scheduled banks    
  In deposit accounts 336 232
  In current accounts 953 788
    10,556 9,695
  (2) Includes balance held by controlled trusts (refer to Note 24.2.21.b) 48 –
  (3) Includes balance in unclaimed dividend account (refer to Note 24.2.21.a) 2 2
(1) Refer to Note 24.2.20 for details of balances with scheduled and non-scheduled banks.

 

8
LOANS AND ADVANCES
 
 
  Unsecured, considered good    
  Advances    
  Prepaid expenses 39 35
  For supply of goods and rendering of services 19 15
  Advance to gratuity trust / provident fund trust 4 1
  Withholding and other taxes receivable 343 167
  Others 26 8
    431 226
  Unbilled revenues 841 750
  Advance income taxes 667 274
  MAT credit entitlement (refer to Note 24.2.8) 42 284
  Interest accrued and not due 9 6
  Loans and advances to employees    
  Housing and other loans 38 43
  Salary advances 73 74
  Electricity and other deposits 63 37
  Rental deposits 36 34
  Deposits with financial institutions (refer to Note 24.2.9)(1) 1,892 1,551
  Mark-to-market gain on forward and options contracts 95 –
    4,187 3,279
  Unsecured, considered doubtful    
  Loans and advances to employees 3 3
    4,190 3,282
  Less : Provision for doubtful loans and advances to employees 3 3
    4,187 3,279
  (1) Includes balance held by controlled trusts (refer to Note 24.2.21.b) 21 –

 

in Rs. crore, except as otherwise stated
As at March 31,
 2010 2009
9 CURRENT LIABILITIES    
  Sundry creditors    
  Goods and services 10 27
  Accrued salaries and benefits    
  Salaries 55 71
  Bonus and incentives 594 472
  For other liabilities    
  Provision for expenses 645 666
  Retention monies 72 55
  Withholding and other taxes payable 250 218
  Mark-to-market loss on forward and options contracts – 114
  Payable for acquisition of business 68 3
  Gratuity obligation – unamortized amount 26 29
  Others 8 11
  1,728 1,666
  Advances received from clients 8 5
  Payable by controlled trusts 74 –
  Unearned revenue 531 331
  Unclaimed dividend(1) 2 2
    2,343 2,004
(1) Refer to Note 24.2.21.a

 

10
PROVISIONS
 
 
  Proposed dividend 861 773
  Provision for    
  Tax on dividend 143 131
  Income taxes(1) 724 581
  Unavailed leave 302 291
  Post-sales client support and warranties(2) 82 92
    2,112 1,868
(1) Refer to Note 24.2.8
(2) Refer to Note 24.2.17