Schedules to the Balance Sheet


in Rupee Symbolcrore, except as otherwise stated

As at March 31,

2011

2010

1

SHARE CAPITAL

Authorized

      Equity shares, Rupee Symbol5/- par value 60,00,00,000 (60,00,00,000) equity shares

300

300

Issued, subscribed and paid up

      Equity shares, Rupee Symbol5/- par value (1)57,41,51,559 (57,38,25,192) equity shares fully paid up

287

287

[Of the above, 53,53,35,478 (53,53,35,478) equity shares, fully paid up have been issued as bonus shares by capitalization of the general reserve]

287

287

Notes : Forfeited shares amounted to Rupee Symbol1,500/- (Rupee Symbol1,500/-)
  (1) For details of options in respect of equity shares, refer to note 23.2.10 and also refer to note 23.2.19 for details of basic and diluted shares

 

2

RESERVES AND SURPLUS

Capital reserve

54

6

Add : Transferred from Profit and Loss account

–

48

54

54

Share premium account – Opening balance

3,022

2,925

Add : Receipts on exercise of employee stock options

24

87

  Income tax benefit arising from exercise of stock options

11

10

3,057

3,022

General reserve – Opening balance

4,867

4,287

Add : Transferred from Profit and Loss account

645

580

5,512

4,867

Balance in Profit and Loss account

15,591

13,806

24,214

21,749

3 FIXED ASSETS

in Rupee Symbolcrore, except as otherwise stated

Particulars

Original cost

Depreciation and amortization

Net book value

As at April 1, 2010

Additions during the year

Deductions / Retirement during the year

As at March 31, 2011

As at April 1, 2010

For the year

Deductions During the year

As at March 31, 2011

As at March 31, 2011

As at March 31, 2010

Land : Freehold

178

228

–

406

–

–

–

–

406

178

Leasehold

138

–

3

135

–

–

–

–

135

138

Buildings(1) (2)

3,209

323

–

3,532

737

227

–

964

2,568

2,472

Plant and machinery(2) (3)

1,149

147

144

1,152

597

215

144

668

484

552

Computer equipment(2) (3)

1,037

251

196

1,092

882

186

196

872

220

155

Furniture and fixtures(2) (3)

629

69

100

598

347

112

100

359

239

282

Vehicles

5

2

–

7

3

–

–

3

4

2

Intellectual property rights

12

–

–

12

12

–

–

12

–

–

6,357

1,020

443

6,934

2,578

740

440

2,878

4,056

3,779

Previous year

5,986

787

416

6,357

2,187

807

416

2,578

3,779
Notes : (1) Buildings include Rupee Symbol250/- being the value of 5 shares of Rupee Symbol50/- each in Mittal Towers Premises Co-operative Society Limited.
  (2) Includes certain assets provided on operating lease to Infosys BPO, a subsidiary. Refer to note 23.2.6 for details
  (3) During the year ended March 31, 2011 and March 31, 2010, certain assets which were old and not in use having gross book value of Rupee Symbol440 crore and Rupee Symbol387 crore respectively

(net book value nil) were retired.

in Rupee Symbolcrore, except as otherwise stated

As at March 31,

2011

2010

4

INVESTMENTS(1)

Long-term investments – at cost

Trade (unquoted)

Other investments

6

6

Less : Provision for investments

2

2

4

4

Non-trade (unquoted)

Subsidiaries

Infosys BPO Limited(2)

3,38,22,319 (3,38,22,319) equity shares of Rupee Symbol10/- each, fully paid

659

659

Infosys Technologies (China) Company Limited

107

65

Infosys Technologies (Australia) Pty. Limited

1,01,08,869 (1,01,08,869) equity shares of AUD 0.11 par value, fully paid

66

66

Infosys Consulting, Inc., U.S.

5,50,00,000 (5,50,00,000) common stock of US$ 1.00 par value, fully paid

243

243

Infosys Technologies, S. de R. L. de C. V., Mexico

54

40

Infosys Technologies Sweden AB

1,000 (1,000) equity shares of SEK 100 par value, fully paid

–

–

Infosys Tecnologia do Brasil Ltda

1,45,16,997 (1,07,16,997) shares of BRL 1.00 par value, fully paid

38

28

Infosys Technologies (Shanghai) Company Limited

11

–

Infosys Public Services, Inc.

1,00,00,000 (1,00,00,000) common stock of US$ 0.50 par value, fully paid

24

24

1,202

1,125

Current investments – at the lower of cost and fair value

Non-trade (unquoted)

Liquid mutual fund units

–

2,317

Certificates of deposit

119

1,180

119

3,497

1,325

4,626

Aggregate amount of unquoted investments

1,325

4,626
Notes : (1)Refer to note 23.2.15 for details of investments
  (2)Investments include 6,79,250 (13,36,331) options of Infosys BPO limited

in Rupee Symbolcrore, except as otherwise stated

As at March 31,

2011

2010

5

DEFERRED TAXES

Deferred tax assets

Fixed assets

234

201

Sundry debtors

19

28

Other assets

153

84

406

313

Deferred tax liabilities

Branch profit tax

176

232

 

6

SUNDRY DEBTORS(1)

Debts outstanding for a period exceeding six months

Unsecured

Considered doubtful

64

79

Other debts

Unsecured

Considered good(2)

4,212

3,244

Considered doubtful

19

21

4,295

3,344

Less : Provision for doubtful debts

83

100

4,212

3,244

(1)Includes dues from companies where directors are interested

 2 11

(2)Includes dues from subsidiaries (refer to note 23.2.7)

 72 56

 

7

CASH AND BANK BALANCES(1)

Cash on hand

–

–

Balances with scheduled banks

In current accounts(2)

197

153

In deposit accounts

13,024

8,868

Balances with non-scheduled banks

In current accounts

444

776

13,665

9,797

(1)Refer to note 23.2.12 for details of balances with scheduled and non-scheduled banks

(2)Includes balance in unclaimed dividend account (refer to note 23.2.23.a)

3

2

 

8

LOANS AND ADVANCES

Unsecured, considered good

Loans to subsidiary (refer to note 23.2.7)

32

46

Advances

Prepaid expenses

52

25

For supply of goods and rendering of services

50

5

Advance to gratuity trust and others

–

2

Withholding and other taxes receivable

516

321

Others

10

13

660

412

Unbilled revenues

1,158

789

Advance income taxes

924

641

Interest accrued but not due

14

14

Loans and advances to employees

Housing and other loans

42

38

Salary advances

84

62

Electricity and other deposits

60

60

Rental deposits

18

13

Deposits with financial institutions (refer to note 23.2.13)

1,844

1,781

Mark-to-market gain on forward and options contracts

63

88

4,867

3,898

Unsecured, considered doubtful

Loans and advances to employees

3

2

4,870

3,900

Less : Provision for doubtful loans and advances to employees

3

2

4,867

3,898

 

9

CURRENT LIABILITIES

Sundry creditors

Goods and services(1)

85

96

Accrued salaries and benefits

Salaries

42

25

Bonus and incentives

363

421

For other liabilities

Provision for expenses

537

375

Retention monies

21

66

Withholding and other taxes payable

292

235

Gratuity obligation – unamortized amount relating to plan amendment

22

26

Others(2)

8

8

1,370

1,252

Advances received from clients

19

7

Unearned revenue

488

502

Unclaimed dividend

3

2

1,880

1,763

(1)Includes dues to subsidiaries (refer to note 23.2.7)

55

95

(2)Includes deposits received from subsidiary (refer to note 23.2.7)

7

7

 

10

PROVISIONS

Proposed dividend

1,149

861

Provision for

Tax on dividend

187

143

Income taxes(1)

756

719

Unavailed leave

303

239

Post-sales client support and warranties(2)

78

73

2,473

2,035
Notes : (1)Refer to note 23.2.11
  (2)Refer to note 23.2.20