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Reports & Filings

Infosys Technologies Limited

Statement of Stockholders' Equity

(Information as of and for the quarters ended June 30, 2000 and June 30, 1999 is unaudited)

(Expressed in United States dollars except share data)

Common Stock Additional Paid-in Capital Comprehensive Income Accumulated Other Comprehensive Income Deferred Stock Compensation Loan to Trust Retained Earnings Total Stockholders’ Equity
Shares Amount
Balance as of March 31, 1998 64,068,800 4,545,811 24,415,920 (7,042,229) (7,831,445) (936,365) 27,994,268 41,145,960
Stock split - 3,800,949 - - - - (3,800,949) -
Cash dividends - - - - - - (3,152,863) (3,152,863)
Common stock issued 2,070,000 245,377 70,134,623 - - - - 13,310,879
ADR issue expenses (4,108,924) (4,108,924)
Compensation related to stock option grants - - 30,407,892 - (30,407,892) - - -
Amortization of compensation related to stock option grants - - - - 16,552,538 - - 16,552,538
Comprehensive income
Net income available for common stockholders - - - 17,446,088 - - - 17,446,088 17,446,088
Other comprehensive income
Translation adjustment - - - (2,058,433) (2,058,433) - - - (2,058,433)
Comprehensive income - - - 15,387,655 - - - - -
Adjustment on deconsolidation of subsidiary - - - - - - 2,468,831 2,468,831
Repayment of loan to trust - - - - - 936,365 - 936,365
Balance as of March 31, 1999 66,138,800 8,592,137 120,849,511 (9,100,662) (21,686,799) - 40,955,375 139,609,562
ADR issue expenses - - (471,498) - - - - (471,498)
Compensation related to stock option grants - - 1,029,649 - (1,029,649) - - -
Amortization of compensation related to stock option grants - - - - 1,250,100 - - 1,250,100
Comprehensive income
Net income available for common stockholders - - - 13,310,879 - - - 13,310,879 13,310,879
Other comprehensive income - (471,498)
Translation adjustment - - - (3,952,172) (3,952,172) - - - (3,952,172)
Comprehensive income - - - 9,358,707 - - - - (471,498)
Balance as of June 30, 1999 66,138,800 8,592,137 121,407,662 (13,052,834) (21,466,348) - 54,266,254 54,266,254

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