Financial statements of Infosys Consulting Inc, USA

In Rs.
Schedules to the Balance Sheet as at
March 31, 2010 March 31, 2009
1 SHARE CAPITAL    
  Authorized    
  7,50,00,000 common stock of US $1.00 par value 3,273,780,682 3,273,780,682
  Issued, subscribed and paid up    
  5,50,00,000 (4,50,00,000) common stock of US $1.00 par value, fully paid 2,40,07,72,500 1,90,04,72,500
    2,40,07,72,500 1,90,04,72,500
 

Schedules to the Balance Sheet

2 FIXED ASSETS

In Rs.
Description
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 period Deletions / Adjustments As at
March 31, 2010
As at
March 31, 2010
As at
March 31, 2009

Computer Equipment

4,79,24,268 11,92,155 4,91,16,423 3,77,79,106 42,15,946 4,19,95,052 71,21,371 1,01,45,162

Total

4,79,24,268 11,92,155 4,91,16,423 3,77,79,106 42,15,946 4,19,95,052 71,21,371  

Previous Year

3,33,36,604 1,45,87,664 4,79,24,268 2,19,27,440 1,58,51,666 3,77,79,106 1,01,45,162 3,33,36,604


In Rs.
Schedules to the Balance Sheet as at
March 31, 2010 March 31, 2010
3 INVESTMENTS    
  Trade (unquoted) – at cost    
  Long- term investments    
  Infosys Consulting India Limited 1,00,27,095
    10,027,095
4 DEFERRED TAX ASSETS    
  Others 84,68,08,586
    84,68,08,586
5 SUNDRY DEBTORS    
  Other debts    
  Unsecured    
  Considered good 81,87,32,687 46,38,230
    81,87,32,687 46,38,230
  Less: Provision for doubtful debts
    81,87,32,687 46,38,230
6 CASH AND BANK BALANCES    
  Balances with non-scheduled banks in foreign currency    
  In current accounts 12,53,33,111 4,62,60,331
    12,53,33,111 4,62,60,331
7 LOANS AND ADVANCES    
  Advances    
  Prepaid expenses 24,04,817 27,33,421
  Others 2,86,60,788
    3,10,65,604 27,33,421
  Unbilled revenues 19,39,79,481
  Loans and advances to employees    
  Housing and other loans 3,30,218
  Salary advances 1,61,21,956 2,06,34,513
    24,14,97,259 2,33,67,933
8 CURRENT LIABILITIES    
  Sundry creditors    
  Goods and services 27,02,48,753 34,78,953
  Accrued salaries and benefits    
  Bonus and incentives 49,41,11,850 43,50,30,229
  For other liabilities    
  Provision for expenses 56,18,08,543 52,20,10,999
  Withholding and other taxes payable 2,37,35,595 1,60,56,059
  Others 57,07,225 6,26,20,766
  Unearned revenue 3,09,94,829 17,58,919
    1,38,66,06,795 1,04,09,55,926
9 PROVISIONS    
  Provision for    
  Unavailed leave
8,75,74,621
6,74,30,465
  8,75,74,621 6,74,30,465
10 RESERVES AND SURPLUS    
  Translation in Profit and Loss Account (2,86,76,805) 2,48,48,564
  Balance in Profit and Loss Account 2,89,95,98,671 2,31,30,48,250
  Add: (Profit)/Loss during the year (1,04,54,88,059) 58,65,50,421
    1,85,41,10,612 2,89,95,98,671
    1,82,54,33,808 2,92,44,47,234

 

For Shenoy & Kamath
Chartered Accountants
 
M Rathnakar Kamath
Membership No. 202841
S. D. Shibulal
Chairperson
Stephen Pratt
Chief Executive Officer and
Managing Director
N. R. Narayana Murthy
Director
 
  Ashok Vemuri
Director
Chandra Shekar Kakal
Director
B. G. Srinivas
Director
 
  Raj Joshi
Director
   

Bangalore
April 8, 2010