Balance Sheet(2009-2000) - Wipro (US Format)

*All numbers are in INR and in x10M

200903 200803 200703 200603
Inventories 459.7 448.1 240.4 148.65
Sundry Debtors 4299.2 3646.6 2543.9 1968.07
Cash and Bank 4409.2 3732.1 1849.2 823
Loans and Advances 4350.2 4179.6 1726.6 1098.82
Total Current Assets 13518.3 12006.4 6360.1 4038.54
Gross Block 3179.6 2282.2 1645.9 2364.52
Less:Accumulated Depreciation 0 0 0 1246.27
Less:Impairment of Assets 0 0 0 0
Net Block 3179.6 2282.2 1645.9 1118.25
Lease Adjustment 0 0 0 0
Capital Work in Progress 1311.8 1335 989.5 612.36
Investments 6884.5 4500.1 4348.7 3459.2
Miscellaneous Expenses not written off 0 0 0 0
Deferred Tax Assets 57.7 51.7 46.6 38.14
Total Asset 24951.9 20175.4 13390.8 9266.49
Current Liabilities 5716.4 3361.6 3067.2 559.81
Provisions 1706.7 1380.7 765.2 2236.07
Total Current Liabilities 7423.1 4742.3 3832.4 2795.88
Deferred Tax Liabilities 0 0 0 0
Secured Loans 0 4 23.2 45.06
Unsecured Loans 5013.9 3818.4 214.8 5.1
Total Debt 5013.9 3822.4 238 50.16
Share Capital 293 346.3 291.8 285.15
Reserves Total 12220.4 11260.4 9025.1 6135.3
Equity Share Warrants 0 0 0 0
Equity Application Money 1.5 0 0 0
Total Shareholders Funds 12514.9 11606.7 9316.9 6420.45
Total Liability 24951.9 20171.4 13387.3 9266.49
Check Integrity* 0 4 3.5 0
*It checks asset and liability mismatch if any
 200503 200403 200303 200203 200103 200003
127.37 102.08 77.37 74.84 115.25 134.02
1386.64 1059.26 792.59 640.34 617.67 446.94
536.9 290.47 409.7 293.54 446.34 74.73
560.93 552.35 657.68 1020.91 599.27 121.08
2611.84 2004.16 1937.34 2029.63 1778.53 776.77
1763.49 1333.68 1161.71 961.55 902.02 675.79
855.53 678.66 597.39 450.38 379.37 292.87
0 0 0 0 0 0
907.96 655.02 564.32 511.17 522.65 382.92
0 0 0 0 0 0
250.24 139.71 94.83 116.26 79.8 70.88
2859.51 2456.03 1440.72 478.46 163.64 46.2
0 0 0 0 0 0
34.56 31.55 30.3 24.56 0 0
6664.11 5286.47 4067.51 3160.08 2544.62 1276.77
488.97 817.88 591.19 536.9 481.57 404.77
1217.91 860.31 76.36 63.1 53.3 43.82
1706.88 1678.19 667.55 600 534.87 448.59
2.7 0 0 0.68 0 0
21.59 94.75 52.56 25.49 40.06 49.23
40.5 5.94 17.19 1.37 4.74 8.66
62.09 100.69 69.75 26.86 44.8 57.89
140.71 46.55 46.51 46.49 46.49 70.83
4751.73 3461.04 3283.7 2486.05 1918.46 699.46
0 0 0 0 0 0
0 0 0 0 0 0
4892.44 3507.59 3330.21 2532.54 1964.95 770.29
6664.11 5286.47 4067.51 3160.08 2544.62 1276.77
0 0 0 0 0 0
Income Statement(2009-2000) - Wipro
*All numbers are in INR and in x10M
200903 (12200803 (12) 200703 (12) 200603 (12)
INCOME :
Operating Income 21612.8 17658.1 13758.5 10264.09
Excise Duty 105.5 165.5 74.6 36.97
Net Operating Income 21507.3 17492.6 13683.9 10227.12
Other Income 414.4 421.5 288.7 152.41
Stock Adjustments -13.9 27.2 80 24.21

Total Income 21907.8 17941.3 14052.6 10403.74

EXPENDITURE :
Cost of Traded Software Packages 3362.8 2979.5 1969 1350.69
Operating Expenses 260.6 1584.3 1132 847.16
Employee Cost 9242.2 7409.1 5768.1 4271.52
Power/Electricity Charges 0 135.2 98.1 86.46
Selling and Administration Exp. 561.1 1369.1 1253.7 997.23
Miscellaneous Expenses 4202.7 421.5 288.5 215.61
Less : Pre-operative Expenses Capitalised 0 0 0 0

Total Expenditure 17629.4 13898.7 10509.4 7768.67

Operating Profit 4278.4 4042.6 3543.2 2635.07

Interest 196.8 116.8 7.2 3.13
Gross Profit 4081.6 3925.8 3536 2631.94
Depreciation 533.7 456.1 359.8 292.26
Profit Before Tax 3547.9 3469.7 3176.2 2339.68
Tax 574.1 382.1 317.5 290.15
Fringe Benefit tax 0 29.4 23.9 22.77
Deferred Tax 0 -5.1 -7.3 6.28
Reported Net Profit 2973.8 3063.3 2842.1 2020.48
Extraordinary Items 0 68.43 59.22 21.66
Adjusted Net Profit 2973.8 2994.87 2782.88 1998.82

Adjustment below Net Profit 0 0 0 0

P & L Balance brought forward 0 0 0 0
Appropriations 2973.8 3063.3 2842.1 2020.48
P & L Balance carried down 0 0 0 0

Dividend 586 876.5 873.7 712.88

Preference Dividend 0 0 0 0
Equity Dividend % 200 300 300 250

Earnings Per Share-Unit Curr 19.62 19.94 18.61 13.47

Earnings Per Share(Adj)-Unit Curr 19.62 19.94 18.61 13.47
Book Value-Unit Curr 85.42 79.05 63.86 45.03
200503 (12200403 (12200303 (12200203 (12200103 (12200003 (12)

7276.18 5188.19 4040.29 3477.31 3133.86 2360.05

43.02 55.51 55.48 61.16 82.63 86.49
7233.16 5132.68 3984.81 3416.15 3051.23 2273.56
93.53 126.99 118.42 155.31 71.15 135.28
9.29 11.79 9.87 -13.83 2.19 0.25

7335.98 5271.46 4113.1 3557.63 3124.57 2409.09

1119.85 832.66 734.17 775.77 820.21 862.78

479.26 360.39 296.73 204.19 67.88 52.25
3011.16 2088.64 634.19 500.56 411.14 249.89
46.63 35.91 28.84 30.68 31.04 21.53
601.24 640.4 1251.33 855.72 825.3 581.43
130.12 90.39 108.49 103.78 109.11 257.69
0 14 15.6 7.63 11.79 13.06

5388.26 4034.39 3038.15 2463.07 2252.89 2012.51

1947.72 1237.07 1074.95 1094.56 871.68 396.58

5.57 3.52 2.93 2.89 6.89 28.67
1942.15 1233.55 1072.02 1091.67 864.79 367.91
185.97 151.6 137.94 141.89 97.94 69.85
1756.18 1081.95 934.08 949.78 766.85 298.06
261.06 159.92 115.29 70.12 98.9 49.8
0 0 0 0 0 0
0.3 7.15 5.56 13.55 0 0
1494.82 914.88 813.23 866.11 667.95 248.26
12.27 8.82 10.79 2.37 6.03 -44.03
1482.55 906.06 802.44 863.74 661.92 292.29

0 0 0 0 0 0
0 0 0 0 0 0
1494.82 914.88 813.23 866.11 667.95 248.26
0 0 0 0 0 0

351.79 675 23.26 23.25 11.62 6.88

0 0 0 0 1.8 2.56
250 1450 50 50 25 15

20.55 35.59 34.84 37.26 28.6 10.68

10.27 5.93 5.81 6.21 4.77 1.78
69.54 150.7 143.2 108.95 80.7 27.95
Cash Flow Statement(2009-2000) - Wipro
*All numbers are in INR and in x10M
200903 200803 200703
Cash Flow Summary
Cash and Cash Equivalents at Beginning of the year 3732.1 1849.2 823
Net Cash from Operating Activities 4344.5 715.9 2669.6
Cash Flow From Operating Activities
Net Profit before Tax & Extraordinary Items 3547.9 3469.7 3176.2
Adjustment For
Depreciation 533.7 456 359.8
Interest (Net) 196.8 116.8 7.2
Dividend Received -414.5 -281.4 -207.3
P/L on Sales of Assets -2.4 -17.2 -1
P/L on Sales of Invest -69.6 -76.9 -65.8
Prov. & W/O (Net) 168.5 110.1 100.5
P/L in Forex 1068 -59.5 45.7
Fin. Lease & Rental Chrgs 0 0 0
Others -1135.7 0 0
Total Adjustments (PBT & Extraordinary Items) 344.8 247.9 239.1
Op. Profit before Working Capital Changes 3892.7 3717.6 3415.3
Adjustment For
Trade & 0th receivables -1090.4 -1257.7 -596.9
Inventories -11.6 -121.5 -91.7
Trade Payables 1302.3 740.9 572.5
Loans & Advances 949 -1846 -239.5
Investments 0 0 0
Net Stock on Hire 0 0 0
Leased Assets Net of Sale 0 0 0
Trade Bill(s) Purchased 0 0 0
Change in Borrowing 0 0 0
Change in Deposits 0 0 0
Others 0 0 0
Total (OP before Working Capital Changes) 1149.3 -2484.3 -355.6
Cash Generated from/(used in) Operations 5042 1233.3 3059.7
Interest Paid(Net) 0 0 0
Direct Taxes Paid -697.5 -517.4 -385.1
Advance Tax Paid 0 0 0
Others 0 0 0
Total-others -697.5 -517.4 -385.1
Cash Flow before Extraordinary Items 4344.5 715.9 2674.6
Extraordinary Items
Excess Depreciation W/b 0 0 0
Premium on Lease of land 0 0 0
Payment Towards VRS 0 0 0
Prior Year 's Taxation 0 0 0
Gain on Forex Exch. Tran 0 0 0
Others 0 0 -5
Net Cash Used in Investing Activities -3596.7 -1123.9 -1881.9
Cash Flow from Investing Activities
Investment in Assets :
Purchased of Fixed Assets -1405.8 -1287.4 -1224.7
Sale of Fixed Assets 20.4 35.5 9.2
capital WIP 0 0 0
Capital Subsidy Recd 0 0 0
Financial/Capital Investment :
Purchase of Investments -34285.9 -23165.6 -12359.5
Sale of Investments 34168.7 25001.3 12236
Investment Income 0 0 0
Interest Received 0 0 0
Dividend Received 414.5 250.2 207.3
Invest.In Subsidiaires -2197.6 -1915.1 -700.2
Loans to Subsidiaires 0 0 0
Investment in Group Cos 0 0 0
Issue of Sh. on Acqu. of Cos 0 0 0
Canc. of Invest. in Cos Acq. 0 0 0
Acquisition of Companies 0 0 0
Inter Corporate Deposits -375 0 -50
Others 64 -42.8 0
Net Cash Used in Financing Activities -70.7 2290.9 238.5
Cash Flow From Financing Activities
Proceeds:
Proceeds from Issue of shares (incl share premium) 0 0 0
Proceed from Issue of Debentures 0 0 0
Proceed from 0ther Long Term Borrowings 8102 3599.1 765.8
Proceed from Bank Borrowings 0 0 0
Proceed from Short Tem Borrowings 0 0 0
Proceed from Deposits 0 0 0
Share Application Money 1.5 4 3.5
Cash/Capital Investment Subsidy 0 0 0
Loans from a Corporate Body 0 0 0
Payments:
Share Application Money Refund 0 0 0
On Redemption of Debenture 0 0 0
Of the Long Tem Borrowings -7324.6 -19.2 -578
Of the short term Borrowings 0 0 0
Of financial Liabilities 0 0 0
Dividend Paid -682.6 -1266.8 -891.4
Shelter Assistance Reserve 0 0 0
Interest Paid -173.3 -80.3 -7.2
Others 6.3 54.1 945.8
Net Cash Used in Financing Activities -70.7 2290.9 238.5
Net Inc/(Dec) in Cash and Cash Equivalent 677.1 1882.9 1026.2
Cash and Cash Equivalents at End of the year 4409.2 3732.1 1849.2
200603 200503 200403 200303 200203 200103 200003

536.9 290.09 409.7 293.54 446.87 74.73 37.95

1911.8 1666.42 913.91 736.66 857.81 602.31 466.63

2340.4 1757.02 1082.27 978.76 962.54 765.55 350.67

292.3 185.9 151.6 137.57 125.6 97.94 69.85

3.1 5.57 -73.56 2.93 -4.27 4.16 28.67
-107.9 -67.46 0 -29.2 -87.39 -34.23 -8.69
-0.6 -10.75 -10.7 -0.08 -2.56 -15.45 -0.77
-23.8 -3.56 24.43 -41.32 0 -0.4 -0.07
62.2 33.44 16.16 10.27 -0.64 13.9 5.9
6.5 -9.25 -13.28 -27.31 -11.51 -8.64 -5.93
0 0 0 0 0 0 0
0 0 0 0 0 0 0
231.8 133.89 94.65 52.86 19.23 57.28 88.96
2572.2 1890.91 1176.92 1031.62 981.77 822.83 439.63

-636 -395.11 -303.27 -144.63 -13.41 -177.03 -48.95

-21.3 -25.29 -24.71 -2.53 18.87 -5.2 21.15
581.4 417.78 262.06 50.65 48.27 109.8 76.76
-153.4 2.42 -44.98 -18.12 -70.63 -40.11 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
-229.3 -0.2 -110.9 -114.63 -16.9 -112.54 48.96
2342.9 1890.71 1066.02 916.99 964.87 710.29 488.59
0 0 0 0 0 0 0
-430.6 -224.29 -152.11 -183.05 -108.43 -109.58 -21.96
0 0 0 0 0 0 0
0 0 0 2.72 1.37 0 0
-430.6 -224.29 -152.11 -180.33 -107.06 -109.58 -21.96
1912.3 1666.42 913.91 736.66 857.81 600.71 466.63

0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
 -0.5 0 0 0 0 0 0
0 0 0 0 0 1.6 0
-1685.5 -869 -1062.09 -635.38 -988.21 -768.85 -163.65

-734.3 -554.11 -312.41 -201.99 -243.25 -277.24 -119.81

15.7 16.3 11.94 10.57 19.47 9.19 6.79
0 0 0 0 0 0 0
0 0 0 0 0 0 0

-5901.8 -4612.8 -1020.06 -4117.89 -535.03 -123.15 -164.01

5164.1 4337.4 4.79 3790.73 14.55 24.3 114.69
0 0 0 0 0 0 0
0 0 0 19.29 56.03 31.05 7.22
91.9 71.02 73.56 6.97 28.46 3.18 1.47
-330.1 -126.81 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 21.43 180.1 -96.33 -115.2 -10
9 0 158.66 -323.16 -232.11 -320.98 0
59.8 -550.61 28.57 14.88 -22.93 538.15 -266.2

0 0 0 0 0 0.08 0
0 0 0 0 0 0 0
0 0 30.94 27.56 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0
6.3 1.21 0 0 0.24 0.23 0
0 0 0 0 0 0 0
0 0 0 0 0 0 0

0 0 0 -0.11 0 0 0
0 0 0 0 0 0 0
-11.9 -38.6 0 0 -13.67 -13.09 -225.08
0 0 0 0 0 0 0
0 0 0 0 0 0 0
-401.9 -765.39 -26.23 -23.25 -11.62 -8.79 -10.41
0 0 0 0 0 0 0
-3.1 -5.57 0 0 0 -6.99 0
470.4 257.74 23.86 10.68 2.12 566.71 -30.71
 59.8 -550.61 28.57 14.88 -22.93 538.15 -266.2
286.1 246.81 -119.61 116.16 -153.33 371.61 36.78
823 536.9 290.09 409.7 293.54 446.34 74.73
Key Ratios (Wipro)
200903 200803 200703 200603 200503 200403
Key Ratios
Debt-Equity Ratio 0 0 0.01 0.02 0.15 4.47
Long Term Debt-Equity Ratio 0 0 0 0 0 0
Current Ratio 1.89 1.99 2.08 1.96 1.15 0.02
Turnover Ratios
Fixed Assets 5.9 6.58 7.45 8.21 12.7 0
Inventory 1312.6 1250.78 853.83 979.6 0 0
Debtors 6 5.59 5.83 5.92 10.97 0
Interest Cover Ratio 691.82 1464.12 1216.94 685.71 204.09 16.8
Profitability Ratio
PBIDTM (%) 24.84 29.88 30.23 29.69 28.02 0
PBITM (%) 22.97 27.37 27.94 27.4 26.36 0
PBDTM (%) 24.8 29.86 30.21 29.65 27.89 0
CPM (%) 22.82 27.16 27.44 26.47 24.4 0
APATM (%) 20.96 24.65 25.15 24.18 22.75 0
Return on Capital Ratio
ROCE (%) 42 52.34 60.69 67.77 109.87 1.46
RONW (%) 38.67 47.55 54.98 60.85 108.75 6.86
200303

0
0
0.01

0
0
0
0

0
0
0
0
0

4.8
2.77
Balance Sheet(2009-2000) - Wipro (India Format)
*All numbers are in INR and in x10M
200903 200803 200703 200603
SOURCES OF FUNDS :
Share Capital 293 346.3 291.8 285.15
Reserves Total 12220.4 11260.4 9025.1 6135.3
Equity Share Warrants 0 0 0 0
Equity Application Money 1.5 0 0 0
Total Shareholders Funds 12514.9 11606.7 9316.9 6420.45
Secured Loans 0 4 23.2 45.06
Unsecured Loans 5013.9 3818.4 214.8 5.1
Total Debt 5013.9 3822.4 238 50.16

Total Liabilities 17528.8 15429.1 9554.9 6470.61

APPLICATION OF FUNDS :
Gross Block 3179.6 2282.2 1645.9 2364.52
Less:Accumulated Depreciation 0 0 0 1246.27
Less:Impairment of Assets 0 0 0 0
Net Block 3179.6 2282.2 1645.9 1118.25
Lease Adjustment 0 0 0 0
Capital Work in Progress 1311.8 1335 989.5 612.36
Investments 6884.5 4500.1 4348.7 3459.2
Current Assets, Loans & Advances
Inventories 459.7 448.1 240.4 148.65
Sundry Debtors 4299.2 3646.6 2543.9 1968.07
Cash and Bank 4409.2 3732.1 1849.2 823
Loans and Advances 4350.2 4179.6 1726.6 1098.82
Total Current Assets 13518.3 12006.4 6360.1 4038.54
Less : Current Liabilities and Provisions
Current Liabilities 5716.4 3361.6 3067.2 559.81
Provisions 1706.7 1380.7 765.2 2236.07
Total Current Liabilities 7423.1 4742.3 3832.4 2795.88
Net Current Assets 6095.2 7264.1 2527.7 1242.66
Miscellaneous Expenses not written off 0 0 0 0
Deferred Tax Assets 57.7 51.7 46.6 38.14
Deferred Tax Liabilities 0 0 0 0
Net Deferred Tax 57.7 51.7 46.6 38.14

Total Assets 17528.8 15433.1 9558.4 6470.61

Contingent Liabilities 1146.8 408.4 595.5 631.88

200503 200403 200303 200203 200103 200003

140.71 46.55 46.51 46.49 46.49 70.83

4751.73 3461.04 3283.7 2486.05 1918.46 699.46
0 0 0 0 0 0
0 0 0 0 0 0
4892.44 3507.59 3330.21 2532.54 1964.95 770.29
21.59 94.75 52.56 25.49 40.06 49.23
40.5 5.94 17.19 1.37 4.74 8.66
62.09 100.69 69.75 26.86 44.8 57.89

4954.53 3608.28 3399.96 2559.4 2009.75 828.18

1763.49 1333.68 1161.71 961.55 902.02 675.79

855.53 678.66 597.39 450.38 379.37 292.87
0 0 0 0 0 0
907.96 655.02 564.32 511.17 522.65 382.92
0 0 0 0 0 0
250.24 139.71 94.83 116.26 79.8 70.88
2859.51 2456.03 1440.72 478.46 163.64 46.2

127.37 102.08 77.37 74.84 115.25 134.02

1386.64 1059.26 792.59 640.34 617.67 446.94
536.9 290.47 409.7 293.54 446.34 74.73
560.93 552.35 657.68 1020.91 599.27 121.08
2611.84 2004.16 1937.34 2029.63 1778.53 776.77

488.97 817.88 591.19 536.9 481.57 404.77

1217.91 860.31 76.36 63.1 53.3 43.82
1706.88 1678.19 667.55 600 534.87 448.59
904.96 325.97 1269.79 1429.63 1243.66 328.18
0 0 0 0 0 0
34.56 31.55 30.3 24.56 0 0
2.7 0 0 0.68 0 0
31.86 31.55 30.3 23.88 0 0

4954.53 3608.28 3399.96 2559.4 2009.75 828.18

788.59 524.34 187.57 56.06 22.11 19.88