For the year ended March 31, |
2010 | 2009 | |
11 | SOFTWARE DEVELOPMENT EXPENSES | ||
Salaries and bonus including overseas staff expenses | 8,834 | 8,583 | |
Overseas group health insurance | 138 | 140 | |
Contribution to provident and other funds | 244 | 212 | |
Staff welfare | 28 | 60 | |
Technical sub-contractors – subsidiaries | 1,210 | 861 | |
Technical sub-contractors – others | 269 | 305 | |
Overseas travel expenses | 309 | 390 | |
Visa charges and others | 92 | 116 | |
Software packages | |||
For own use | 309 | 274 | |
For service delivery to clients | 17 | 41 | |
Communication expenses | 45 | 56 | |
Computer maintenance | 22 | 23 | |
Consumables | 22 | 20 | |
Rent | 22 | 25 | |
Provision for post-sales client support and warranties | (2) | 39 | |
11,559 | 11,145 | ||
12 |
SELLING AND MARKETING EXPENSES | ||
Salaries and bonus including overseas staff expenses | 750 | 675 | |
Overseas group health insurance | 3 | 5 | |
Contribution to provident and other funds | 4 | 2 | |
Staff welfare | 2 | 4 | |
Overseas travel expenses | 80 | 90 | |
Visa charges and others | 2 | 2 | |
Travel and conveyance | 3 | 3 | |
Commission charges | 16 | 21 | |
Brand building | 55 | 62 | |
Professional charges | 22 | 21 | |
Rent | 12 | 13 | |
Marketing expenses | 11 | 15 | |
Telephone charges | 11 | 14 | |
Communication expenses | 1 | 2 | |
Printing and stationery | 1 | 1 | |
Advertisements | – | 2 | |
Sales promotion expenses | 1 | 1 | |
974 | 933 | ||
13 |
GENERAL AND ADMINISTRATION EXPENSES | ||
Salaries and bonus including overseas staff expenses | 329 | 275 | |
Overseas group health insurance | 1 | – | |
Contribution to provident and other funds | 17 | 13 | |
Professional charges | 220 | 207 | |
Telephone charges | 106 | 139 | |
Power and fuel | 122 | 125 | |
Traveling and conveyance | 58 | 79 | |
Overseas travel expenses | 9 | 13 | |
Visa charges and others | 1 | 3 | |
Office maintenance | 132 | 138 | |
Guest house maintenance | 4 | 5 | |
Insurance charges | 23 | 18 | |
Printing and stationery | 8 | 9 | |
Donations | 43 | 21 | |
Rent | 28 | 22 | |
Advertisements | 3 | 4 | |
Repairs to building | 33 | 31 | |
Repairs to plant and machinery | 31 | 21 | |
Rates and taxes | 26 | 29 | |
Professional membership and seminar participation fees | 8 | 9 | |
Postage and courier | 8 | 8 | |
Books and periodicals | 3 | 3 | |
Provision for bad and doubtful debts | (1) | 74 | |
Provision for doubtful loans and advances | – | 1 | |
Commission to non-whole-time directors | 6 | 6 | |
Freight charges | 1 | 1 | |
Bank charges and commission | 2 | 2 | |
Research grants | 25 | 19 | |
Auditors' remuneration | |||
Statutory audit fees | 1 | 1 | |
Miscellaneous expenses | – | 4 | |
1,247 | 1,280 | ||
14 |
OTHER INCOME, NET | ||
Interest received on deposits with banks and others(1) | 743 | 836 | |
Dividend received on investment in liquid mutual fund units (non-trade unquoted) | 101 | 2 | |
Miscellaneous income, net(2) | 27 | 38 | |
Gains / (losses) on foreign currency, net | 39 | (372) | |
910 | 504 | ||
(1) Includes tax deducted at source |
95 | 179 | |
(2) Refer to Note 23.2.6, 23.2.14 and Note 23.2.25 |
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15 |
PROVISION FOR TAXATION | ||
Income taxes(1) | 1,984 | 991 | |
MAT credit entitlement | (288) | (93) | |
Deferred taxes | 21 | (3) | |
1,717 | 895 | ||
(1) Refer to Note 23.2.11 |