To
The Members of Infosys BPO s.r.o.
We have audited the attached Balance Sheet of Infosys BPO s.r.o. (‘the Company’) as at 31st, March 2011, the Profit and Loss account
(‘Financial Statement’) of the Company for the year ended on that date. These Financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements based on our audit.
We conducted our audit in accordance with auditing standards generally accepted in India. These Standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.
An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by the Management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.
Further, we report that :
| (a) | We have obtained all the information and explanations which, to the best of our knowledge and belief, were necessary for the purpose of our audit; | |
| (b) | In our opinion, proper books of account as required by law have been kept by the Company so far as appears from our examination of those books; | |
| (c) | The Balance sheet and the profit and Loss account dealt with by this report are in agreement with the books of accounts; | |
| (d) | In our opinion and to the best of our information and according to the explanations given to us, the said accounts give the information required by the Act, in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India. | |
| 1. | in the case of the Balance Sheet, of the State of affairs of the Company as at March 31, 2011; and | |
| 2. | in the case of Profit and Loss account, of the profit of the Company for the year ended on that date. | |
For Shenoy & Kamath
Chartered Accountants
Firms Regn. No. 006673S
M. Rathnakar Kamath
Partner
Membership No. 202841
Bangalore
April 11, 2011