Financial statements as per IFRS

Infosys Technologies Limited and subsidiaries

Consolidated statements of comprehensive income

in Rupee Symbolcrore, except share data

Note

Year ended March 31,

2011

2010

Revenues

27,501

22,742

Cost of sales

15,916

13,020

Gross profit

11,585

9,722

Operating expenses

Selling and marketing expenses

1,512

1,184

Administrative expenses

1,971

1,628

Total operating expenses

3,483

2,812

Operating profit

8,102

6,910

Other income, net

2.14

1,211

990

Profit before income taxes

9,313

7,900

Income tax expense

2.17

2,490

1,681

Net profit

6,823

6,219

Other comprehensive income

Reversal of impairment loss on available-for-sale financial asset

9

Gain transferred to net profit on sale of available-for-sale financial asset

(5)

Fair value changes on available-for-sale financial asset, net of tax effect (refer note 2.2 and 2.17)

(12)

26

Exchange differences on translating foreign operations

49

50

Total other comprehensive income

37

80

Total comprehensive income

6,860

6,299

Profit attributable to

Owners of the Company

6,823

6,219

Non-controlling interest

6,823

6,219

Total comprehensive income attributable to

Owners of the Company

6,860

6,299

Non-controlling interest

6,860

6,299

Earnings per equity share

Basic (Rupee Symbol)

119.45

109.02

Diluted (Rupee Symbol)

119.41

108.90

Weighted average equity shares used in computing earnings per equity share

2.18

Basic

57,11,80,050

57,04,75,923

Diluted

57,13,68,358

57,11,16,031

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