Balance Sheet

As at March 31,

in crore

	Schedule	2011	2010
SOURCES OF FUNDS
SHAREHOLDERS’ FUNDS
Share capital	1	287	287
Reserves and surplus	2	24,214	21,749
		24,501	22,036
DEFERRED TAX LIABILITIES	5	176	232
		24,677	22,268
APPLICATION OF FUNDS
FIXED ASSETS	3
Original cost		6,934	6,357
Less : Accumulated depreciation and amortization		2,878	2,578
Net book value		4,056	3,779
Add : Capital work-in-progress		499	409
		4,555	4,188
INVESTMENTS	4	1,325	4,626
DEFERRED TAX ASSETS	5	406	313
CURRENT ASSETS, LOANS AND ADVANCES
Sundry debtors	6	4,212	3,244
Cash and bank balances	7	13,665	9,797
Loans and advances	8	4,867	3,898
		22,744	16,939
LESS : CURRENT LIABILITIES AND PROVISIONS
Current liabilities	9	1,880	1,763
Provisions	10	2,473	2,035
NET CURRENT ASSETS		18,391	13,141
		24,677	22,268
SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS	23

Note : The schedules referred to above are an integral part of the Balance Sheet.

As per our report attached

for B S R & Co.
Chartered Accountants
Firm’s Reg No : 101248W

Natrajh Ramakrishna 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	Dr. Omkar Goswami Director	Sridar A. Iyengar Director	David L. Boyles Director
	Prof. Jeffrey S. Lehman Director	K. V. Kamath Director	R. Seshasayee Director	K. Dinesh Director
Bangalore April 15, 2011	T. V. Mohandas Pai Director	Srinath Batni Director	V. Balakrishnan Chief Financial Officer	K. Parvatheesam Company Secretary