Financial statements as per IFRS

Infosys Technologies Limited and subsidiaries

Consolidated Balance Sheet as of March 31,

in Rupee Symbolcrore, except share data

Note

2011

2010

ASSETS

Current assets

Cash and cash equivalents

2.1

16,666

12,111

Available-for-sale financial assets

2.2

21

2,518

Investment in certificates of deposit

123

1,190

Trade receivables

4,653

3,494

Unbilled revenue

1,243

841

Derivative financial instruments

2.7

66

95

Prepayments and other current assets

2.4

917

641

Total current assets

23,689

20,890

Non-current assets

Property, plant and equipment

2.5

4,844

4,439

Goodwill

2.6

825

829

Intangible assets

2.6

48

56

Available-for-sale financial assets

2.2

23

38

Deferred income tax assets

2.17

378

346

Income tax assets

2.17

993

667

Other non-current assets

2.4

463

347

Total non-current assets

7,574

6,722

Total assets

31,263

27,612

LIABILITIES AND EQUITY

Current liabilities

Trade payables

44

10

Current income tax liabilities

2.17

817

724

Client deposits

22

8

Unearned revenue

518

531

Employee benefit obligations

2.8

140

131

Provisions

2.9

88

82

Other current liabilities

2.10

2,012

1,707

Total current liabilities

3,641

3,193

Non-current liabilities

Deferred income tax liabilities

2.17

114

Employee benefit obligations

2.8

259

171

Other non-current liabilities

2.10

60

61

Total liabilities

3,960

3,539

Equity

Share capital – Rupee Symbol5 par value 60,00,00,000 equity shares authorized, issued and outstanding 57,13,17,959 and 57,09,91,592, net of 28,33,600 treasury shares each, as of March 31, 2011 and March 31, 2010, respectively

286

286

Share premium

3,082

3,047

Retained earnings

23,826

20,668

Other components of equity

109

72

Total equity attributable to equity holders of the Company

27,303

24,073

Total liabilities and equity

31,263

27,612

Note : The accompanying notes form an integral part of the consolidated financial statements.

As per our report attached
for B S R & Co.
Chartered Accountants
Firm 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