Abridged financial statements

Statement Containing Salient Features of Balance Sheet as per Section 219(1)(b)(iv) of the Companies Act, 1956

Abridged Balance Sheet

As at March 31,

in Rs. crore
  2010 2009
I. SOURCES OF FUNDS    
1. SHAREHOLDERS' FUNDS    
(a) Capital    
(i) Equity capital 287 286
(b) Reserves and surplus    
(i) Capital reserve 54 6
(ii) Share premium account 3,022 2,925
(iii) Revenue reserve 4,867 4,287
(iv) Surplus in Profit and Loss account 13,806 10,305
22,036 17,809
2. DEFERRED TAX LIABILITIES 232 37
3. LOAN FUNDS
TOTAL OF (1) TO (3) 22,268 17,846
II. APPLICATION OF FUNDS    
1. FIXED ASSETS    
(a) Net block (original cost less depreciation) 3,779 3,799
(b) Capital work-in-progress 409 615
4,188 4,414
2. INVESTMENTS    
(a) Investment in subsidiary companies – unquoted 1,125 1,005
(b) Others – unquoted 3,511
4,636 1,005
3. DEFERRED TAX ASSETS 313 139
4. (I) CURRENT ASSETS, LOANS AND ADVANCES    
(a) Sundry debtors 3,244 3,390
(b) Cash and bank balances 9,797 9,039
(c) Loans and advances    
(i) To subsidiary companies 46 51
(ii) To others 3,842 3,113
16,929 15,593
(II) LESS : CURRENT LIABILITIES AND PROVISIONS    
(a) Liabilities 1,763 1,507
(b) Provisions 2,035 1,798
NET CURRENT ASSETS (I–II) 13,131 12,288
TOTAL OF (1) TO (4) 22,268 17,846

As per our report attached.

for B S R & Co.
Chartered Accountants

Natrajan Ramkrishna
Partner
Membership no. : 32815
N. R. Narayana Murthy
Chairman and Chief Mentor
S. Gopalakrishnan
Chief Executive Officer and
Managing Director
S. D. Shibulal
Chief Operating Officer and Director
Deepak M. Satwalekar
Director
Prof. Marti G. Subrahmanyam
Director
Claude Smadja
Director
Dr. Omkar Goswami
Director
Rama Bijapurkar
Director
Sridar A. Iyengar
Director
David L. Boyles
Director
Prof. Jeffrey S. Lehman
Director
K. V. Kamath
Director
K. Dinesh
Director
T. V. Mohandas Pai
Director
Srinath Batni
Director
V. Balakrishnan
Chief Financial Officer
Bangalore
April 13, 2010
K. Parvatheesam
Company Secretary