Financial statements of Infosys Consulting India Limited

In Rs.
Schedules to the Balance Sheet as at, March 31, 2010
8. CURRENT LIABILITIES  
Sundry creditors  
Goods and services * 35,31,151
Accrued salaries and benefits  
Salaries 14,10,482
Bonus and incentives 2,27,62,031
For other liabilities  
Provision for expenses 21,96,915
Withholding and other taxes payable 27,870
2,99,28,449
*Includes dues to related parties (refer to note 15.2.6) 35,31,151
9. PROVISIONS  
Provision for  
Income taxes (refer to Note 15.2.8) 15,76,312
Unavailed leave 97,37,162
  1,13,13,474

 

In Rs.
Schedules to Profit and Loss Account for the period ended March 31, 2010
10 SOFTWARE DEVELOPMENT EXPENSES  
  Salaries and bonus including overseas staff expenses 5,27,46,973
  Overseas group health insurance 7,952
  Contribution to provident and other funds 66,50,567
  Staff welfare 9,72,439
Technical subcontractors 17,00,000
  Overseas travel expenses 66,46,125
  Visa charges and others 5,72,728
  Software packages  
  For own use 4,888
  Consumables 1,26,877
    6,94,28,548
11 SELLING AND MARKETING EXPENSES  
  Marketing expenses 779
    779
12 GENERAL AND ADMINISTRATION EXPENSES  
  Salaries and bonus including overseas staff expenses 47,54,155
  Contribution to provident and other funds 7,82,529
  Professional charges 2,36,303
  Telephone charges 8,13,378
  Travel and conveyance 19,49,125
  Overseas travel expenses 77,343
  Office maintenance 5,407
  Guest house maintenance 1,000
  Printing and stationery 1,423
  Rent 27,62,892
  Rates and taxes 3,54,450
  Professional membership and seminar participation fees 5,405
  Postage and courier 5,037
  Books and periodicals 19,075
  Bank charges and commission (835)
  Auditor's remuneration  
  Statutory audit fees 4,50,000
  Certification charges –
  Others  –
  Miscellaneous expenses 17,540
    1,22,34,227
13 OTHER INCOME, NET  
  Interest received on deposits with banks and others* 91,951
  Gains / (losses) on foreign currency, net (9,98,886)
    (9,06,936)
  *includes tax deducted at source 7,649
14 PROVISION FOR TAXATION  
  Income taxes (refer to Note 15.2.8) 15,76,312
  MAT credit entitlement (15,76,312)
  Deferred taxes (31,31,734)
    (31,31,734)