Schedules to Profit and Loss account


in Rupee Symbolcrore, except as otherwise stated

For the year ended March 31,

2011

2010

11

SOFTWARE DEVELOPMENT EXPENSES

Salaries and bonus including overseas staff expenses

10,635

8,972

Contribution to provident and other funds

378

244

Staff welfare

53

28

Technical sub-contractors – subsidiaries

1,568

1,210

Technical sub-contractors – others

476

269

Overseas travel expenses including visa

573

401

Software packages for own use

320

309

Third party items bought for service delivery to clients

139

17

Communication expenses

39

45

Computer maintenance

33

22

Consumables

23

22

Rent

25

22

Provision for post-sales client support and warranties

5

(2)

14,267

11,559

 

12

SELLING AND MARKETING EXPENSES

Salaries and bonus including overseas staff expenses

969

753

Contribution to provident and other funds

7

4

Staff welfare

2

2

Overseas travel expenses

100

82

Traveling and conveyance

4

3

Commission charges

12

16

Brand building

70

55

Professional charges

13

22

Rent

12

12

Marketing expenses

14

11

Telephone charges

14

11

Printing and stationery

1

1

Communication expenses

1

1

Sales promotion expenses

–

1

1,219

974

 

13

GENERAL AND ADMINISTRATION EXPENSES

Salaries and bonus including overseas staff expenses

390

330

Contribution to provident and other funds

25

17

Professional charges

286

220

Telephone charges

116

106

Power and fuel

142

122

Traveling and conveyance

79

58

Overseas travel expenses

15

10

Office maintenance expenses

188

136

Insurance charges

24

23

Printing and stationery

10

8

Donations

1

43

Rent

31

28

Advertisements

6

3

Repairs to building

44

33

Repairs to plant and machinery

33

31

Rates and taxes

48

26

Professional membership and seminar participation fees

10

8

Postage and courier

9

8

Books and periodicals

3

3

Bank charges and commission

1

2

Auditor’s remuneration

Statutory audit fees

1

1

Provision for bad and doubtful debts and advances

3

(1)

Commission to non-whole-time directors

5

6

Freight charges

1

1

Research grants

14

25

1,485

1,247

 

14

OTHER INCOME, NET

Interest received on deposits with banks and others(1)

1,068

743

Dividend received on investment in liquid mutual fund units (non-trade unquoted)

18

101

Miscellaneous income, net(2)

22

27

Gains / (losses) on foreign currency, net

39

39

1,147

910

91

95
Notes : (1)Includes tax deducted at source
  (2)Refer to note 23.2.6 and 23.2.14

 

15

PROVISION FOR TAXATION

Income taxes(1)

2,521

1,984

MAT credit entitlement

–

(288)

Deferred taxes(2)

(143)

21

2,378

1,717
Notes : (1)Refer to note 23.2.11
  (2)Excludes translation difference of Rupee Symbol6 crore on deferred tax liabilities