Schedules to the Financial Statements for the year ended March 31, 2010

11.2. Notes on accounts

11.2.1. Aggregate expenses

The aggregate amounts incurred on expenses are as follows:

in Rs.
   Year ended March 31,
  2010 2009
Salaries and bonus including overseas staff expenses 13,98,92,489 18,25,21,928
Staff welfare 53,88,684 1,08,95,373
Contribution to provident and other funds 15,78,407 25,11,140
Foreign travel expenses 1,51,97,793 32,04,127
Consumables 1,00,250 1,77,713
Cost of software for own use 56,538
Communication expenses 3,57,88,413 3,53,11,549
Consultancy charges 1,19,36,269 3,06,161
Travel and conveyance 30,80,282 18,05,349
Rent 67,49,370 59,95,296
Printing and stationery 26,66,496 27,32,181
Legal and professional charges 9,57,434 17,20,288
Recruitment and training expenses 2,64,074 12,46,362
Power and fuel 17,68,507 20,90,368
Insurance charges 13,03,785
Rates and taxes 1,344
Auditor's remuneration    
Audit fees 4,74,540
Bank charges and commission 1,86,362 2,14,227
Postage and courier 5,96,805 8,09,218
Provision for bad and doubtful debts  (31,718)  13,236
Other miscellaneous expenses 36,65,965 5,96,178
  23,16,20,746 25,21,52,038


11.2.2. Quantitative details

The Company is primarily engaged in providing business process management services. The sale of such services cannot be expressed in any generic unit. Hence, it is not possible to give the quantitative details of sales and certain information as required under paragraphs 3, 4C and 4D of part II of Schedule VI to the Companies Act, 1956.

11.2.3. Related party transactions

List of related parties:

Name of Related parties Country Holding, as at March 31,
    2010 2009
Infosys BPO Limited India 100.00% 0.00%
Infosys Technologies Limited* India
Infosys BPO s.r.o** Czech Republic

* Holding company of Infosys BPO Limited.
**Wholly owned subsidiary of Infosys BPO Limited (fellow subsidiary).

 

Details of amounts due to or due from as at March 31, 2010 and March 31, 2009:

in Rs.
Particulars As at March 31,
  2010 2009
Sundry debtors    
Infosys Technologies Limited 1,89,584
Sundry creditors    
Infosys Technologies Limited 3,61,719 93,191
Infosys BPO Limited 1,220 4,072

 

The details of the related party transactions entered into by the Company and maximum dues from subsidiaries for the year ended March 31, 2010 and March 31, 2009 are as follows:

in Rs.
Particulars Year ended March 31,
  2010 2009
Capital transactions:    
Financing transactions    
Infosys BPO s.r.o 77,21,248
Revenue transactions:    
Sale of services    
Infosys Technologies Limited 1,53,32,439
Sale of shared services including facilities and personnel    
Infosys Technologies Limited  23,884
Infosys BPO Limited
Purchase of shared services including facilities and personnel    
Infosys Technologies Limited 2,77,656
Infosys BPO Limited 75,593