Financial statements as per IFRS

Infosys Technologies Limited and subsidiaries

Consolidated statements of changes in equity

in Rupee Symbolcrore, except share data

Shares

Share capital

Share premium

Retained earnings

Other components
of equity

Total equity attributable to equity holders of the Company

Balance as of April 1, 2009

57,28,30,043

286

2,944

15,972

(8)

19,194

Changes in equity for the year ended
March 31, 2010

Shares issued on exercise of employee stock options

9,95,149

1

88

89

Share-based compensation

1

1

Treasury shares (1)

(28,33,600)

(1)

4

3

Reserves on consolidation of trusts

46

46

Income tax benefit arising on exercise of share options

10

10

Dividends (including corporate dividend tax)

(1,569)

(1,569)

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

9

9

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

(5)

(5)

Fair value changes on available-for-sale financial assets, net of tax effect

26

26

Net profit

6,219

6,219

Exchange differences on translating foreign operations

50

50

Balance as of March 31, 2010

57,09,91,592

286

3,047

20,668

72

24,073

Changes in equity for the year ended March 31, 2011

Shares issued on exercise of employee stock options

3,26,367

24

24

Income tax benefit arising on exercise of share options

11

11

Dividends (including corporate dividend tax)

(3,665)

(3,665)

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

(12)

(12)

Net profit

6,823

6,823

Exchange differences on translating foreign operations

49

49

Balance as of March 31, 2011

57,13,17,959

286

3,082

23,826

109

27,303

 

Note : The accompanying notes form an integral part of the consolidated financial statements.
  (1) Treasury shares held by controlled trusts consolidated effective July 1, 2009

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