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Bnp Paribas India Solutions Private Limited

Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[400100] Disclosure of general information about company


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Bnp Paribas India
Name of company Solutions Private
Limited
Corporate identity number U72200MH2005PTC151511
Permanent account number of entity AACCB5717E
Infinity Building No.4,
Unit No. 601, 6Th Floor ,
Opp. Film City Road, Malad
Address of registered office of company (East) , Mumbai ,
MAHARASHTRA , INDIA -
400097
Commercial and
Type of industry Industrial
Date of board meeting when final accounts were approved 14/09/2015
Period covered by financial statements 2015
Date of start of reporting period 01/04/2014 01/04/2013
Date of end of reporting period 31/03/2015 31/03/2014
Nature of report standalone consolidated Standalone
Content of report Financial Statements
Description of presentation currency INR
Level of rounding used in financial statements Thousands
Type of cash flow statement Indirect Method

Disclosure of principal product or services [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Types of principal product or services [Axis] 1
01/04/2014
to
31/03/2015
Disclosure of general information about company [Abstract]
Disclosure of principal product or services [Abstract]
Disclosure of principal product or services [LineItems]
Product or service category (ITC 4 digit) code 9983
OTHER
PROFESSIONAL,
Description of product or service category TECHNICAL AND
BUSINESS
SERVICES
Turnover of product or service category 69,86,985
Highest turnover contributing product or service (ITC 8 digit) code 99831417
Computer Software
and Information
Technology -
Description of product or service Captive Business
process Outsourcing
( IT and ITES)
Turnover of highest contributing product or service 69,86,985
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[400400] Disclosures - Directors report

Details of contracts/arrangements/transactions not at arm's length basis [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Contracts/arrangements/transactions not at arm's length basis [Axis] 01
01/04/2014
to
31/03/2015
Details of contracts/arrangements/transactions not at arm's length basis [Abstract]
Details of contracts/arrangements/transactions not at arm's length basis [LineItems]
Name of related party Not Applicable
Name of related party Not Applicable

Details of shareholding of promoters [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Promoters [Axis] 1
01/04/2014
to 31/03/2014
31/03/2015
Total number of shares held at end of period [shares] 1 [shares] 10,00,000
Percentage of total shares held at end of period 100.00% 100.00%
Details of shareholding of promoters [Abstract]
Details of shareholding of promoters [LineItems]
Shareholder?s name BNP Paribas SA
Total number of shares held at end of period [shares] 1 [shares] 10,00,000
Percentage of total shares held at end of period 100.00% 100.00%
Percentage of shares pledged/encumbered to total shares at end of period 100.00%
Total number of shares held at end of period [shares] 1 [shares] 10,00,000
Percentage of total shares held at end of period 100.00% 100.00%
Total number of shares held at end of period [shares] 1 [shares] 10,00,000
Percentage of total shares held at end of period 100.00% 100.00%
Total number of shares held at end of period [shares] 1 [shares] 10,00,000
Percentage of total shares held at end of period 100.00% 100.00%

Particulars of holding, subsidiary and associate companies [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Particulars of companies [Axis] 1
01/04/2014
to
31/03/2015
Particulars of holding, subsidiary and associate companies [Abstract]
Particulars of holding, subsidiary and associate companies [LineItems]
Name of company BNP Paribas SA
Country of incorporation of company FRANCE
Type of company Holding
Percentage of shares held 100.00%
Applicable section 2 (46)

2
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Details of directors signing board report [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Directors signing board report [Axis] 1 2
01/04/2014 01/04/2014
to to
31/03/2015 31/03/2015
Details of signatories of board report [Abstract]
Details of directors signing board report [LineItems]
Name of director signing board report [Abstract]
First name of director JAIKUMAR RAMCHANDAR
Middle name of director VINODKUMAR
Last name of director SHETH KRISHNAMOORTHY
Designation of director Director Director
Director identification number of director 02944161 06614162
Date of signing board report 14/09/2015 14/09/2015

Details of material contracts/arrangements/transactions at arm's length basis [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Material contracts/arrangements/transactions at arm's length basis [Axis] 01
01/04/2014
to
31/03/2015
Name of related party Not Applicable
Details of material contracts/arrangements/transactions at arm's length basis [Abstract]
Details of material contracts/arrangements/transactions at arm's length basis [LineItems]
Name of related party Not Applicable

3
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Unless otherwise specified, all monetary values are in Thousands of INR


01/04/2014
to
31/03/2015
Textual information (1)
Disclosure in board of directors report explanatory [TextBlock] [See below]
Textual information (2)
Description of state of companies affair [See below]
Disclosure relating to amounts if any which is proposed to carry to any Textual information (3)
reserves [See below]
1. DIVIDEND: The Board
of Directors do not
Disclosures relating to amount recommended to be paid as dividend recommend any dividend
for the financial year
ended March 31, 2015.
Textual information (4)
Details regarding energy conservation [See below]
Textual information (5)
Details regarding technology absorption [See below]
Textual information (6)
Details regarding foreign exchange earnings and outgo [See below]
Textual information (7)
Disclosures in director?s responsibility statement [See below]
Details of material changes and commitment occurred during period Textual information (8)
affecting financial position of company [See below]
Textual information (9)
Particulars of loans guarantee investment under section 186 [TextBlock] [See below]
Particulars of contracts/arrangements with related parties under section Textual information (10)
188(1) [TextBlock] [See below]
Date of board of directors' meeting in which board's report referred
14/09/2015
to under section 134 was approved
Disclosure of extract of annual return as provided under section 92(3) Textual information (11)
[TextBlock] [See below]
Details of change in promoters shareholding [TextBlock]
Details of shareholding pattern of directors and key managerial
personnel [TextBlock]
Disclosure of statement on declaration given by independent directors Textual information (12)
under section 149(6) [TextBlock] [See below]
Disclosure for companies covered under section 178(1) on
Textual information (13)
directors appointment and remuneration including other matters [See below]
provided under section 178(3) [TextBlock]
Disclosure of statement on development and implementation of risk Textual information (14)
management policy [TextBlock] [See below]
Details on policy development and implementation by company on
Textual information (15)
corporate social responsibility initiatives taken during year [See below]
[TextBlock]
Disclosure as per rule 8(5) of companies accounts rules 2014 [TextBlock]
Textual information (16)
Disclosure of financial summary or highlights [TextBlock] [See below]
Textual information (17)
Disclosure of change in nature of business [TextBlock] [See below]
Details of directors or key managerial personnels who were Textual information (18)
appointed or have resigned during year [TextBlock] [See below]
Disclosure of companies which have become or ceased to be its
Textual information (19)
subsidiaries, joint ventures or associate companies during [See below]
year [TextBlock]
Details relating to deposits covered under chapter v of companies act Textual information (20)
[TextBlock] [See below]
Details of deposits which are not in compliance with requirements Textual information (21)
of chapter v of act [TextBlock] [See below]
Details of significant and material orders passed by
Textual information (22)
regulators or courts or tribunals impacting going concern [See below]
status and company?s operations in future [TextBlock]
Details regarding adequacy of internal financial controls with Textual information (23)
reference to financial statements [TextBlock] [See below]
Disclosure of contents of corporate social responsibility policy Textual information (24)
[TextBlock] [See below]
Disclosure of appointment and remuneration of managerial personnels Textual information (25)
[TextBlock] [See below]
Number of meetings of board [pure] 0

4
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (1)

Disclosure in board of directors report explanatory [Text Block]

1. FINANCIAL HIGHLIGHTS

(` in '000)

For the period April 01, 2014 to For the period April 01, 2013 to
Particulars
March 31, 2015 March 31, 2014

Total Income 6,986,985 5,516,421

Total Expenditure 5,875,309 4,614,986

Profit / (Loss) before tax 1,111,676 901,435

Provision for Tax 440,690 370,233

Profit / (Loss) for the period after tax 670,986 531,202

Balance brought forward from previous year 1,422,351 891,149

Amount available for appropriation 2,093,337 1,422,351

Proposed Dividend - -

Dividend Distribution tax - -

Balance: 2,093,337 1,422,351

-Transferred to General Reserve - -

- Surplus carried to Balance Sheet 2,093,337 1,422,351

Earning per Equity share of face value of ` 10/- each


670.99 531.20
(Basic & Diluted in `)

5
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (2)

Description of state of companies affair


1. FINANCIAL HIGHLIGHTS (` in 000) ParticularsFor the period April 01, 2014 to March 31, 2015For the period April 01, 2013 to March 31,
2014 Total Income 6,986,9855,516,421 Total Expenditure5,875,3094,614,986 Profit / (Loss) before tax 1,111,676901,435 Provision for
Tax440,690370,233 Profit / (Loss) for the period after tax 670,986531,202 Balance brought forward from previous year1,422,351891,149
Amount available for appropriation2,093,3371,422,351 Proposed Dividend-- Dividend Distribution tax-- Balance:2,093,3371,422,351
-Transferred to General Reserve-- - Surplus carried to Balance Sheet2,093,3371,422,351 Earning per Equity share of face value of ` 10/- each
(Basic & Diluted in `)670.99531.20

Textual information (3)

Disclosure relating to amounts if any which is proposed to carry to any reserves


1. OPERATIONAL PERFORMANCE: Your Company has performed well during the year. The management is striving to expand operations of
the Company. During the year, the Company has made a profit of `67.1 crores.

Textual information (4)

Details regarding energy conservation


1. CONSERVATION OF ENERGY RESOURCES,TECHNOLOGY ABSORPTION, FOREIGN EXCHANGE EARNINGS AND OUTGO:
Your company continues to strengthen its energy conservation initiatives, we have undertaken several initiatives in the conservation of energy, to
name a few: Ø Switching 'ON' of Heating, Ventilation and Air Conditioning (HVAC) chillers and ensuring cooling at the low tariff category
which results into less unit charge Ø Regular monitoring & switching OFF of HVAC when not in use Ø Based on floor occupancy, floor lights
switched ON / OFF by technicians during their rounds Ø Use of T5 lights with low watts Ø Providing fans to the low occupancy areas especially
during weekends and late night (Chillers not switched on) Ø By Switching 'OFF' Water dispensers , hand dryers, shoe polish machine, exhaust
fans of toilets on lean hours / days Ø Continuous consistency of Power Factor thereby ensuring less energy consumption and also earning Power
Factor Incentive The disclosure relating to technology absorption, as required under Section 134(3) (m) of the Companies Act, 2013 read with
Rule 8 of the Companies (Accounts) Rules,2014 do not apply based on the nature of activities undertaken by the Company. The Company has,
however, used information technology extensively in its operations

Textual information (5)

Details regarding technology absorption


The disclosure relating to technology absorption, as required under Section 134(3) (m) of the Companies Act, 2013 read with Rule 8 of the
Companies (Accounts) Rules,2014 do not apply based on the nature of activities undertaken by the Company. The Company has, however, used
information technology extensively in its operations.

Textual information (6)

Details regarding foreign exchange earnings and outgo


Foreign exchange earnings and Outgo- The Foreign Exchange earned in terms of actual inflows during the year and the Foreign Exchange
outgoduring the year in terms of actual outflows. The foreign exchange earnings and outgo are as follows: (` in ?000) ParticularsFor the period
April 01, 2014 to March 31, 2015For the period April 01, 2013 to March 31, 2014 Total Income in foreign exchange earned6,536,0794,968,428
Foreign Exchange used for: Travelling and other miscellaneous expenses 393,160288,816 Imports of fixed assets29,34628,705

6
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (7)

Disclosures in director?s responsibility statement


1. DIRECTORS? RESPONSIBILITY STATEMENT: Pursuant to Section 134 (5) of the Companies Act, 2013, the Directors confirm that: i. in
the preparation of the annual accounts, the applicable accounting standards had been followed along with proper explanation relating to material
departures; ii. the Directors have selected such accounting policies and applied them consistently and made judgements and estimates that are
reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at March 31, 2015 and of the profit or loss of the
Company for the year ended March 31, 2015; iii. the Directors had taken proper and sufficient care for the maintenance of adequate accounting
records in accordance with the provisions of the Companies Act, 2013, for safeguarding the assets of the Company and for preventing and
detecting fraud and other irregularities; iv. the Directors have prepared the annual accounts on a going concern basis. v. proper systems are in
place to ensure compliance of all applicable laws.

Textual information (8)

Details of material changes and commitment occurred during period affecting financial position of company
1. MATERIAL CHANGES AND COMMITMENT AFFECTING FINANCIAL POSITION: There are no material changes and commitments,
affecting the financial position of the Company which has occurred between the end of the financial year of the Company i.e. March 31, 2015 and
the date of the Directors? report.

Textual information (9)

Particulars of loans guarantee investment under section 186 [Text Block]

1. PARTICULARS OF LOANS, GUARANTEES AND INVESTMENT:

The Company has not taken or provided any loans andguarantees, covered under the provisions of Section 186 of the Companies Act, 2013for the
financial year ended March 31, 2015.The Company has not made any investment under Section 186 of the Companies Act, 2013.

Textual information (10)

Particulars of contracts/arrangements with related parties under section 188(1) [Text Block]

1. PARTICULARS OF LOANS, GUARANTEES AND INVESTMENT:

The Company has not taken or provided any loans andguarantees, covered under the provisions of Section 186 of the Companies Act, 2013for the
financial year ended March 31, 2015.The Company has not made any investment under Section 186 of the Companies Act, 2013.

7
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (11)

Disclosure of extract of annual return as provided under section 92(3) [Text Block]

1. EXTRACT OF ANNUAL RETURN:

The details forming part of the extract of the Annual Return in form MGT 9 is annexed herewith as Annexure B.

8
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (12)

Disclosure of statement on declaration given by independent directors under section 149(6) [Text Block]

1. DIRECTORS& MEETINGS OF THE BOARD:

The Companys Board during the accounting year has been duly constituted in accordance with the provisions of the Companies Act, 2013.

Four Board Meetings were held during the Financial Year ended March 31, 2015 on June 10, 2014, September 23, 2014, December 12, 2014, and
March 3, 2015. The maximum gap between any two Board meetings was less than One Hundred and Twenty days.

The names of the members of the Board, their attendance at the Board Meetings and the last AGM, are as under:

Sr. No. of Board meetings No. of Board meetings Attendance at AGM held on September
Name of the Director
No. held attended 23, 2014

Mr. Jaikumar Vinodkumar


Sheth
1. 4 4 Yes
(DIN02944161)

Mr. Yves Maurice Guy Marie


Drieux
2. 4 1 Yes
(DIN 06613490)

Mr. Ramchandar
Krishnamoorthy
3. 4 4 Yes
(DIN 06614162)

Mr. Andrew Gordon Crighton


4. 4 2 Yes
(DIN 06754329)

Mr. Andrew Gordon Crighton had been appointed as additional Director at the Board Meetings held on December 9, 2013. His appointment had
been confirmed at the Annual General Meeting of the Company held on 23rd September, 2014.

9
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (13)

Disclosure for companies covered under section 178(1) on directors appointment and remuneration including other
matters provided under section 178(3) [Text Block]

REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL

A. Remuneration to Directors and/or Manager:

Sl. Total
Particulars of Remuneration Directors
no. Amount

Gross salary

(a) Salary as per provisions contained in section 17(1) of the Income-tax Act, 1961

1 (b) Value of perquisites u/s 17(2) of Income-tax Act, 1961 42,924 42,924

(c) Profits in lieu of salary under

section 17(3) Income-tax Act, 1961

2 Stock Option - -

3 Sweat Equity - -

4 Fee for attending board / committee meetings - -

Commission

5 - as % of profit - -

- others, specify

6 Others, please specify - -

Total Managerial Remuneration 42,924 42,924

Overall Ceiling as per the Act - -

10
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

B. Remuneration to Key Managerial Personnel other than MD/Manager/WTD

Sl. Particulars of
Key Managerial Personnel
no. Remuneration

Company
CEO CFO Total
Secretary

- - -

Gross salary

(a) Salary as per provisions

contained in section 17(1) of

the Income-tax Act, 1961

1 (b) Value of perquisites u/s - - - -

17(2) Income-tax Act, 1961

(c) Profits in lieu of salary

under section 17(3) Income tax

Act, 1961

2 Stock Option - - - -

3 Sweat Equity - - - -

Commission

4 - as % of profit - - - -

- others, specify

Others, please
5 - - - -
specify

Total - - - -

11
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (14)

Disclosure of statement on development and implementation of risk management policy [Text Block]

1. RISK MANAGEMENT:

The Company followsa Risk Management framework involving employees at different levels of operations to identify, evaluate business risks
and opportunities. This framework seeks to create internal transparency, minimize adverse impact on the business objectives and enhance the
Companys competitive advantage. The business risk framework defines the risk management approach at various levels including documentation
and reporting.

The Company has constituted Control Committees which ensure implementation of standard operational control principles (risk assessment,
control plans)with regular reporting to management. The role of the Committees include reviewing key risks, incidents and mitigating actions
planned/implementedand to follow-up implementation of the same. The Operational Permanent Control (OPC) Managers ensure coverage of key
risk components in terms of incidents, control failures, key risk areas, regulatory controls in the regular reporting to management.

Textual information (15)

Details on policy development and implementation by company on corporate social responsibility initiatives taken
during year [Text Block]

1. CORPORATE SOCIAL RESPONSIBILITY:

As required under section 135 of the Companies Act, 2013, read with the Companies (Corporate Social Responsibility Policy) Rules 2014, the
Company has established Corporate Social Responsibility (CSR) Committee and statutory disclosures with respect to the CSR Committee and an
Annual Report on CSR Activities forms part of this Report as Annexure A.

12
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (16)

Disclosure of financial summary or highlights [Text Block]

1. FINANCIAL HIGHLIGHTS

(` in 000)

For the period April 01, 2014 to For the period April 01, 2013 to
Particulars
March 31, 2015 March 31, 2014

Total Income 6,986,985 5,516,421

Total Expenditure 5,875,309 4,614,986

Profit / (Loss) before tax 1,111,676 901,435

Provision for Tax 440,690 370,233

Profit / (Loss) for the period after tax 670,986 531,202

Balance brought forward from previous year 1,422,351 891,149

Amount available for appropriation 2,093,337 1,422,351

Proposed Dividend - -

Dividend Distribution tax - -

Balance: 2,093,337 1,422,351

-Transferred to General Reserve - -

- Surplus carried to Balance Sheet 2,093,337 1,422,351

Earning per Equity share of face value of ` 10/- each


670.99 531.20
(Basic & Diluted in `)

13
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (17)

Disclosure of change in nature of business [Text Block]

1. IT INDUSTRY, OUTLOOK AND OPPORTUNITIES:

In todays time, no industry can exist without information technology. It is essential to focus on information technology to run businesses
successfully. Government of Indias Digital India Initiative is already attracting foreign investments and collaborations. Small and medium Indian
businesses have a high degree of technology influence and are looking to adopt newer IT products. This will drive the Indian IT market.

BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas Group, which is one of the leading banking groups in the world. With
two delivery centers located in Mumbai and Chennai, BNP Paribas India Solutions is a global delivery center. Today, BNP Paribas India
Solutions provides best-in-class solutions in three main business verticals namely information technology, operations and finance.

Textual information (18)

Details of directors or key managerial personnels who were appointed or have resigned during year [Text Block]
Mr. Andrew Gordon Crighton had been appointed as additional Director at the Board Meetings held on December 9, 2013. His appointment had
been confirmed at the Annual General Meeting of the Company held on 23rd September, 2014.

Textual information (19)

Disclosure of companies which have become or ceased to be its subsidiaries, joint ventures or associate companies
during year [Text Block]

1. SUBSIDIARIES:

The Company does not have any subsidiaries and associate/ joint venture.

14
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (20)

Details relating to deposits covered under chapter v of companies act [Text Block]

1. DEPOSIT:

The Company has not accepted deposit from the public falling within the ambit of Section 73 of the Companies Act, 2013 and the Companies
(Acceptance of Deposits) Rules, 2014 for the financial year ended March 31, 2015.

Textual information (21)

Details of deposits which are not in compliance with requirements of chapter v of act [Text Block]

1. DEPOSIT:

The Company has not accepted deposit from the public falling within the ambit of Section 73 of the Companies Act, 2013 and the Companies
(Acceptance of Deposits) Rules, 2014 for the financial year ended March 31, 2015.

Textual information (22)

Details of significant and material orders passed by regulators or courts or tribunals impacting going concern status
and company?s operations in future [Text Block]

1. MATERIAL CHANGES AND COMMITMENT AFFECTING FINANCIAL POSITION:

There are no material changes and commitments, affecting the financial position of the Company which has occurred between the end of the
financial year of the Company i.e. March 31, 2015 and the date of the Directors report.

15
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (23)

Details regarding adequacy of internal financial controls with reference to financial statements [Text Block]

1. INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY

The Company has an Internal Control System, commensurate with the size, scale and complexity of its operations.

Textual information (24)

Disclosure of contents of corporate social responsibility policy [Text Block]

1. CORPORATE SOCIAL RESPONSIBILITY:

As required under section 135 of the Companies Act, 2013, read with the Companies (Corporate Social Responsibility Policy) Rules 2014, the
Company has established Corporate Social Responsibility (CSR) Committee and statutory disclosures with respect to the CSR Committee and an
Annual Report on CSR Activities forms part of this Report as Annexure A.

16
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (25)

Disclosure of appointment and remuneration of managerial personnels [Text Block]

VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL

A. Remuneration to Directors and/or Manager:

Sl. Total
Particulars of Remuneration Directors
no. Amount

Gross salary

(a) Salary as per provisions contained in section 17(1) of the Income-tax Act, 1961

1 (b) Value of perquisites u/s 17(2) of Income-tax Act, 1961 42,924 42,924

(c) Profits in lieu of salary under

section 17(3) Income-tax Act, 1961

2 Stock Option - -

3 Sweat Equity - -

4 Fee for attending board / committee meetings - -

Commission

5 - as % of profit - -

- others, specify

6 Others, please specify - -

Total Managerial Remuneration 42,924 42,924

Overall Ceiling as per the Act - -

B. Remuneration to Key Managerial Personnel other than MD/Manager/WTD

17
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Sl. Particulars of
Key Managerial Personnel
no. Remuneration

Company
CEO CFO Total
Secretary

- - -

Gross salary

(a) Salary as per provisions

contained in section 17(1) of

the Income-tax Act, 1961

1 (b) Value of perquisites u/s - - - -

17(2) Income-tax Act, 1961

(c) Profits in lieu of salary

under section 17(3) Income tax

Act, 1961

2 Stock Option - - - -

3 Sweat Equity - - - -

Commission

4 - as % of profit - - - -

- others, specify

Others, please
5 - - - -
specify

Total - - - -

18
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[400200] Disclosures - Auditors report

Details regarding auditors [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Auditors [Axis] 1
01/04/2014
to
31/03/2015
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor Auditors firm
Kalyaniwalla &
Name of audit firm Mistry
Marfatia Roshni
Name of auditor signing report Rayomand
Firms registration number of audit firm 104607W
Membership number of auditor 106548
Kalpataru Heritage,
Address of auditors 127Mahatma Gandhi
Road
Permanent account number of auditor or auditor's firm AAAFK7554R
SRN of form ADT-1 C23720972
Date of signing audit report by auditors 14/09/2015
Date of signing of balance sheet by auditors 14/09/2015

Unless otherwise specified, all monetary values are in Thousands of INR


01/04/2014
to
31/03/2015
Textual information (26)
Disclosure in auditor?s report explanatory [TextBlock] [See below]
Whether companies auditors report order is applicable on company No
Whether auditors' report has been qualified or has any reservations or
No
contains adverse remarks

19
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (26)

Disclosure in auditor?s report explanatory [Text Block]

INDEPENDENT AUDITORS REPORT

To the Members of BNP Paribas India Solutions Private Limited

Report on the Financial Statements

We have audited the accompanyingfinancial statements of BNP Paribas India Solutions PrivateLimited (the Company), which comprise the
Balance Sheet as at March 31, 2015, the Statement of Profit and Loss andCash Flow Statement for the year then ended and a summary of
significant accounting policies and other explanatory information.

Managements Responsibility for the Financial Statements

The Companys Board of Directors is responsible for the matters stated in section 134 (5) of the Companies Act 2013, (the Act) with respect to the
preparation of these financial statements that give a true and fair view of the financial position, financial performance and cash flows of the
Company in accordance with the accounting principles generally accepted in India, including the Accounting Standards specified under section
133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014. This responsibility also includes maintenance of adequate
accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting
frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable
and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the
accuracy and completeness of the accounting records relevant to the preparation and presentation of the financial statements that give a true and
fair view and are free from material misstatement, whether due to fraud or error.

Auditors Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit.

20
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

We have taken into account the provisions of the Act, the accounting and auditing standards andmatters which are required to be included in the
audit report under the provisions of the Act and theRules made thereunder.

We conducted our audit in accordance with the Standards on Auditing specified under Section 143(10) of the Act. Those Standards require that
we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are
free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures
selected depend on the auditors judgment, including the assessment of the risks of material misstatement of the financial statements, whether due
to fraud or error. In making those risk assessments, the auditor considers internal financial control relevant to the Companys preparation of the
financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances, but not for the
purpose of expressing an opinion on whether the Company has in place an adequate internal financial control system over financial reporting and
the operating effectiveness of such controls. An audit also includes evaluating the appropriateness of the accounting policies used and the
reasonableness of the accounting estimates made by the Companys Directors, as well as evaluating the overall presentation of the financial
statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the financial
statements.

Opinion

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid financial statements give the
information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally
accepted in India, of the state of affairs of the Company as at March 31, 2015 and its profit and its cash flows for the year ended on that date.

Report on Other Legal and Regulatory Requirements

1. As required by the Companies (Auditors Report) Order, 2015 (the Order) issued by the Central Government of India in terms of sub-section
(11) of section 143 of the Act, we give in the Annexure a statement on the matters specified in the paragraph 3 and 4 of the Order, to the extent
applicable.

2. As required by section 143(3) of the Act, we report that:

21
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

a. We have sought and obtained all the information and explanations which to the best ofour knowledge and belief were necessary for the
purpose of our audit.

b. In our opinion proper books of account as required by law have been keptby the Company so far as appears from our examination of those
books.

c. The Balance Sheet, Statement of Profit and Loss, and Cash FlowStatement dealt with by this Report are in agreement with the books of
account.

d. In our opinion, the aforesaid financial statements comply with the Accounting Standards specified under section 133 of the Act, read with
Rule 7 of the Companies (Accounts) Rules, 2014.

e. On the basis of written representations received from the directors as onMarch 31, 2015 and taken on record by the Board of Directors,
none of the directors is disqualified as on March 31, 2015, from being appointedas a director in terms of section 164 (2) of theAct.

f. With respect to the other matters to be included in the Auditors Report in accordance with Rule 11 of the Companies (Audit and Auditors)
Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us:

a. The Company does not have any pending litigations which would impact its financial position.

b. The Company did not have any long term contracts including derivative contracts for which there were any material foreseeable losses.

c. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company.

For KALYANIWALLA & MISTRY

22
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

CHARTERED ACCOUNTANTS

Firm Reg. No. 104607W

Roshni Marfatia

PARTNER

M. No.:106548

Mumbai:

23
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

ANNEXURE TO THE INDEPENDENT AUDITORS REPORT

Annexure referred to in paragraph 1 of our report under the heading Report on Other Legal
and Regulatory Requirements of even date.

1. (a) The Company has maintained proper records showing full particulars, including quantitative details and situation of fixed assets.

(b) According to the information and explanations given to us, the fixed assets were physically verified by the management which in our opinion
is reasonable having regard to the size of the Company and the nature of its assets. The discrepancies noticed were not material and have been
properly dealt with in the books of account.

(c) In our opinion, the Company has not disposed off a substantial portion of its fixed assets during the year, so as to affect the going concern
assumption.

2. The Company being a service company does not have any physical inventory, thus the provisions of clause 3 (ii) of the Companies
(Auditors Report) Order, 2015 are not applicable to the Company.

3. The Company has not granted any loans, secured or unsecured, to companies, firms or other parties listed in the register maintained under
section 189 of the Companies Act.

4. In our opinion and according to the information and explanations given to us, there are adequate internal control procedures commensurate
with the size of the Company and the nature of its business for the purchases of fixed assets and for thesale of services. We have not come across
any continuing failure to correct major weaknesses in the internal control system.

5. In our opinion and according to the information and explanations given to us, the Company has not accepted any deposits from the public.

6. In our opinion and according to the information and explanations given to us, the Central Government has not prescribed maintenance of
cost records under section 148 (1) of the Act, in respect of the activities carried on by the Company.

24
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

7. (a)According to the records examined by us, the Company is generally regular in depositing undisputed statutory dues including provident
fund, investor education and protection fund, employees state insurance, income tax, sales tax, wealth tax, service tax, duty of customs, duty of
excise, value added tax, cess and other statutory dues, where applicable, with the appropriate authorities. There were no undisputed amounts
payable in respect of the aforesaid dues outstanding as at the end of the financial year for a period of more than six months from the date they
became payable.

(b)According to the information and explanations given to us and the records examined by us, there are no dues of income tax, wealth tax,
customs duty, service tax, excise duty or cess as at the end of the financial year, which have not been deposited on account of any dispute, except
as stated below:

Amount (in Period to which the amount Forum where dispute is


Nature of Statute Nature of Dues
000) relates to pending

Income Tax Act, Income Tax Appellate


Income Tax 22,267 A.Y. 2010-11
1961 Tribunal

Income Tax Act, Transfer Pricing Income Tax Appellate


20,964 A.Y. 2010-11
1961 Regulations Tribunal

Income Tax Act, Transfer Pricing


35,179 A.Y. 2011-12 Dispute Resolution Panel
1961 Regulations

8.The Company has no accumulated losses at the end of the financial year and it has not incurred any cash loss in the current year and in the
immediately preceding financial year.

9.According to the information and explanations given to us and based on the documents and records produced before us, there has been no
default in repayment of dues to banks. There are no dues to financial institutions or debenture holders.

10. In our opinion and according to the information and explanations given to us, the term loan obtained by the Company was applied for the
purpose for which the loan was obtained.

11. According to the information and explanations given to us and the records examined by us, the Company has not given any guarantees for
loans taken by others from banks or financial institutions.

25
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

12. Based on the audit procedures performed by us, to the best of our knowledge and belief and according to the information andexplanations
given to us by the Management, no fraud on, or by the Company, has been noticed or reported during the period.

For Kalyaniwalla&Mistry

Chartered Accountants

Firm Registration No. 104607W

Roshni Marfatia

Partner

Membership No. 106548

Place: Mumbai

Date:September 14, 2015

[400500] Disclosures - Secretarial audit report


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014
to
31/03/2015
Disclosure in secretarial audit report explanatory [TextBlock]
Whether secretarial audit report is applicable on company No
Whether secretarial audit report has been qualified or has any
No
observation or other remarks

26
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[100100] Balance sheet


Unless otherwise specified, all monetary values are in Thousands of INR
31/03/2015 31/03/2014
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital 10,000 10,000
Reserves and surplus 22,72,712 16,01,726
Total shareholders' funds 22,82,712 16,11,726
Share application money pending allotment 0 0
Non-current liabilities [Abstract]
Long-term borrowings 1,01,000 1,46,000
Other long-term liabilities 99,199 96,683
Long-term provisions 15,283 31,666
Total non-current liabilities 2,15,482 2,74,349
Current liabilities [Abstract]
Short-term borrowings 2,934 7,937
Trade payables 8,38,209 7,13,656
Other current liabilities 6,21,778 6,78,711
Short-term provisions 1,55,879 73,529
Total current liabilities 16,18,800 14,73,833
Total equity and liabilities 41,16,994 33,59,908
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets 9,32,354 7,28,334
Intangible assets 35,907 22,993
Total fixed assets 9,68,261 7,51,327
Non-current investments 0 0
Deferred tax assets (net) 1,57,439 1,44,985
Long-term loans and advances 2,04,438 1,74,855
Other non-current assets 98 134
Total non-current assets 13,30,236 10,71,301
Current assets [Abstract]
Current investments 0 0
Inventories 0 0
Trade receivables 4,81,033 2,66,306
Cash and bank balances 8,36,516 9,96,505
Short-term loans and advances 3,03,636 1,96,142
Other current assets 11,65,573 8,29,654
Total current assets 27,86,758 22,88,607
Total assets 41,16,994 33,59,908

27
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[400300] Disclosures - Signatories of financial statements

Details of directors signing financial statements [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Directors signing financial statements [Axis] 1 2
01/04/2014 01/04/2014
to to
31/03/2015 31/03/2015
Details of signatories of financial statements [Abstract]
Details of directors signing financial statements [Abstract]
Details of directors signing financial statements [LineItems]
Name of director signing financial statements [Abstract]
First name of director JAIKUMAR RAMCHANDAR
Middle name of director VINODKUMAR
Last name of director SHETH KRISHNAMOORTHY
Designation of director COO DIRECTOR
Director identification number of director 02944161 06614162
Date of signing of financial statements by director 14/09/2015 14/09/2015

Unless otherwise specified, all monetary values are in Thousands of INR


01/04/2014
to
31/03/2015
Name of chief financial officer Jai Sheth
Date of signing of financial statements by chief financial officer 14/09/2015

28
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[100400] Cash flow statement, indirect


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014 01/04/2013
to to 31/03/2013
31/03/2015 31/03/2014
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Profit before extraordinary items and tax 11,11,676 9,01,435
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for finance costs 14,755 18,513
Adjustments for depreciation and amortisation expense 3,60,735 2,98,504
Adjustments for unrealised foreign exchange losses gains 786 5,342
Other adjustments for which cash effects are investing or
-33,928 -8,822
financing cash flow
Other adjustments to reconcile profit (loss) 93,683 0
Other adjustments for non-cash items -96,465 24,707
Total adjustments to profit (loss) 3,39,566 3,38,244
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in trade receivables -2,15,514 1,33,967
Adjustments for decrease (increase) in other current assets -4,74,913 -2,50,593
Adjustments for increase (decrease) in trade payables 1,24,553 2,86,774
Adjustments for increase (decrease) in other current liabilities -56,573 2,56,758
Adjustments for provisions 65,968 16,920
Total adjustments for working capital -5,56,479 4,43,826
Total adjustments for reconcile profit (loss) -2,16,913 7,82,070
Net cash flows from (used in) operations 8,94,763 16,83,505
Income taxes (paid) refund 4,35,758 2,99,312
Net cash flows from (used in) operating activities before extraordinary
4,59,005 13,84,193
items
Net cash flows from (used in) operating activities 4,59,005 13,84,193
Cash flows from used in investing activities [Abstract]
Purchase of tangible assets 5,78,145 3,91,996
Proceeds from sales of intangible assets 936 13,420
Interest received 22,973 5,918
Other inflows (outflows) of cash -1,00,000 0
Net cash flows from (used in) investing activities before extraordinary
-6,54,236 -3,72,658
items
Net cash flows from (used in) investing activities -6,54,236 -3,72,658
Cash flows from used in financing activities [Abstract]
Repayments of borrowings 45,000 45,000
Interest paid 14,755 18,513
Other inflows (outflows) of cash -5,003 -3,557
Net cash flows from (used in) financing activities before extraordinary
-64,758 -67,070
items
Net cash flows from (used in) financing activities -64,758 -67,070
Net increase (decrease) in cash and cash equivalents before effect of
-2,59,989 9,44,465
exchange rate changes
Net increase (decrease) in cash and cash equivalents -2,59,989 9,44,465
Cash and cash equivalents cash flow statement at end of period 7,36,516 9,96,505 52,040

29
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[200100] Notes - Share capital

Disclosure of shareholding more than five per cent in company [Table] ..(1)
Unless otherwise specified, all monetary values are in Thousands of INR
Classes of share capital [Axis] Equity shares [Member] Equity shares 1 [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 1 [Member]
01/04/2014 01/04/2013
31/03/2015 31/03/2014 to to
31/03/2015 31/03/2014
Disclosure of shareholding more than five per cent in
company [Abstract]
Disclosure of shareholding more than five per cent
in company [LineItems]
Type of share EQUITY Equity
BNP Paribas S.A BNP Paribas S.A and
Name of shareholder and its nominees its nominees
Country of incorporation or residence of
FRANCE FRANCE
shareholder
Number of shares held in company [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000
Percentage of shareholding in company 10.00% 10.00%

30
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of classes of share capital [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of share capital [Axis] Share capital [Member] Equity shares [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Number of shares authorised [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000
Value of shares authorised 10,000 10,000 10,000 10,000
Number of shares issued [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000
Value of shares issued 10,000 10,000 10,000 10,000
Number of shares subscribed and fully paid [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000
Value of shares subscribed and fully paid 10,000 10,000 10,000 10,000
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0 0
Total number of shares subscribed [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000
Total value of shares subscribed 10,000 10,000 10,000 10,000
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000
Value of shares called 10,000 10,000 10,000 10,000
Calls unpaid [Abstract]
Calls unpaid by directors and officers
[Abstract]
Calls unpaid by directors 0 0 0 0
Calls unpaid by officers 0 0 0 0
Total calls unpaid by directors and
0 0 0 0
officers
Calls unpaid by others 0 0 0 0
Total calls unpaid 0 0 0 0
Forfeited shares 0 0 0 0
Forfeited shares reissued 0 0 0 0
Value of shares paid-up 10,000 10,000 10,000 10,000
Reconciliation of number of shares outstanding
[Abstract]
Changes in number of shares outstanding
[Abstract]
Increase in number of shares outstanding
[Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in private
placement arising out of conversion of
[shares] 0 [shares] 0 [shares] 0 [shares] 0
debentures preference shares during
period
Number of shares issued in other private
[shares] 0 [shares] 0 [shares] 0 [shares] 0
placement
Number of shares issued as preferential
allotment arising out of conversion of
[shares] 0 [shares] 0 [shares] 0 [shares] 0
debentures preference shares during
period
Number of shares issued as other
[shares] 0 [shares] 0 [shares] 0 [shares] 0
preferential allotment
Number of shares allotted for
contracts without payment received [shares] 0 [shares] 0 [shares] 0 [shares] 0
in cash
Number of shares issued under scheme of
[shares] 0 [shares] 0 [shares] 0 [shares] 0
amalgamation
Number of other issues of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued under employee
[shares] 0 [shares] 0 [shares] 0 [shares] 0
stock option plan
Number of other issue of shares
arising out of conversion of [shares] 0 [shares] 0 [shares] 0 [shares] 0
securities
Total aggregate number of shares issued
[shares] 0 [shares] 0 [shares] 0 [shares] 0
during period

31
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Decrease in number of shares during period


[Abstract]
Number of shares bought back [shares] 0 [shares] 0 [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total decrease in number of shares during
[shares] 0 [shares] 0 [shares] 0 [shares] 0
period
Total increase (decrease) in number of
[shares] 0 [shares] 0 [shares] 0 [shares] 0
shares outstanding
Number of shares outstanding at end of period [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000
Reconciliation of value of shares outstanding
[Abstract]
Changes in share capital [Abstract]
Increase in share capital during period
[Abstract]
Amount of public issue during period 0 0 0 0
Amount of bonus issue during period 0 0 0 0
Amount of rights issue during period 0 0 0 0
Amount of private placement issue
arising out of conversion of debentures 0 0 0 0
preference shares during period
Amount of other private placement issue
0 0 0 0
during period
Amount of preferential allotment issue
arising out of conversion of debentures 0 0 0 0
preference shares during period
Amount of other preferential allotment
0 0 0 0
issue during period
Amount of issue allotted for
contracts without payment 0 0 0 0
received in cash during period
Amount of issue under scheme of
0 0 0 0
amalgamation during period
Amount of other issues during period 0 0 0 0
Amount of employee stock option plan
0 0 0 0
issued during period
Amount of other issue arising out of
conversion of securities during 0 0 0 0
period
Total aggregate amount of increase in
0 0 0 0
share capital during period
Decrease in share capital during period
[Abstract]
Decrease in amount of shares bought back 0 0 0 0
Other decrease in amount of shares 0 0 0 0
Total decrease in share capital during
0 0 0 0
period
Total increase (decrease) in share capital 0 0 0 0
Share capital at end of period 10,000 10,000 10,000 10,000
Shares in company held by holding company or
ultimate holding company or by its subsidiaries
or associates [Abstract]
Shares in company held by holding company [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000
Shares in company held by ultimate holding
[shares] 0 [shares] 0 [shares] 0 [shares] 0
company
Shares in company held by subsidiaries of its
[shares] 0 [shares] 0 [shares] 0 [shares] 0
holding company
Shares in company held by subsidiaries of its
[shares] 0 [shares] 0 [shares] 0 [shares] 0
ultimate holding company
Shares in company held by associates of its
[shares] 0 [shares] 0 [shares] 0 [shares] 0
holding company
Shares in company held by associates of its
[shares] 0 [shares] 0 [shares] 0 [shares] 0
ultimate holding company
Total shares in company held by holding company
or ultimate holding company or by its [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000 [shares] 10,00,000
subsidiaries or associates
Shares reserved for issue under options
and contracts or commitments for sale of [shares] 0 [shares] 0 [shares] 0 [shares] 0
shares or disinvestment

32
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Amount of shares reserved for issue under options


and contracts or commitments for sale of shares or 0 0 0 0
disinvestment
Aggregate number of fully paid-up shares
issued pursuant to contracts without [shares] 0 [shares] 0 [shares] 0 [shares] 0
payment being received in cash
Aggregate number of fully paid-up shares
[shares] 0 [shares] 0 [shares] 0 [shares] 0
issued by way of bonus shares
Aggregate number of shares bought back [shares] 0 [shares] 0 [shares] 0 [shares] 0
Original paid-up value of forfeited shares 0 0 0 0
Details of application money received for
allotment of securities and due for refund and
interest accrued thereon [Abstract]
Application money received for allotment of
securities and due for refund and interest
accrued thereon [Abstract]
Application money received for
allotment of securities and due for 0 0 0 0
refund, principal
Application money received for
allotment of securities and due for 0 0 0 0
refund, interest accrued
Total application money received for
allotment of securities and due for refund 0 0 0 0
and interest accrued thereon
Number of shares proposed to be issued [shares] 0 [shares] 0 [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0 0 0

33
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of classes of share capital [Table] ..(2)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of share capital [Axis] Equity shares 1 [Member]
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Type of share Equity Equity
Number of shares authorised [shares] 10,00,000 [shares] 10,00,000
Value of shares authorised 10,000 10,000
Number of shares issued [shares] 10,00,000 [shares] 10,00,000
Value of shares issued 10,000 10,000
Number of shares subscribed and fully paid [shares] 10,00,000 [shares] 10,00,000
Value of shares subscribed and fully paid 10,000 10,000
Number of shares subscribed but not fully paid [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0
Total number of shares subscribed [shares] 10,00,000 [shares] 10,00,000
Total value of shares subscribed 10,000 10,000
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 10,00,000 [shares] 10,00,000
Value of shares called 10,000 10,000
Calls unpaid [Abstract]
Calls unpaid by directors and officers [Abstract]
Calls unpaid by directors 0 0
Calls unpaid by officers 0 0
Total calls unpaid by directors and officers 0 0
Calls unpaid by others 0 0
Total calls unpaid 0 0
Forfeited shares 0 0
Forfeited shares reissued 0 0
Value of shares paid-up 10,000 10,000
Par value per share [INR/shares] 10 [INR/shares] 10
Reconciliation of number of shares outstanding [Abstract]
Changes in number of shares outstanding [Abstract]
Increase in number of shares outstanding [Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0
Number of shares issued in private placement arising out of conversion
[shares] 0 [shares] 0
of debentures preference shares during period
Number of shares issued in other private placement [shares] 0 [shares] 0
Number of shares issued as preferential allotment arising out of
[shares] 0 [shares] 0
conversion of debentures preference shares during period
Number of shares issued as other preferential allotment [shares] 0 [shares] 0
Number of shares allotted for contracts without payment received in cash [shares] 0 [shares] 0
Number of shares issued under scheme of amalgamation [shares] 0 [shares] 0
Number of other issues of shares [shares] 0 [shares] 0
Number of shares issued under employee stock option plan [shares] 0 [shares] 0
Number of other issue of shares arising out of conversion of securities [shares] 0 [shares] 0
Total aggregate number of shares issued during period [shares] 0 [shares] 0
Decrease in number of shares during period [Abstract]
Number of shares bought back [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0
Total decrease in number of shares during period [shares] 0 [shares] 0
Total increase (decrease) in number of shares outstanding [shares] 0 [shares] 0
Number of shares outstanding at end of period [shares] 10,00,000 [shares] 10,00,000
Reconciliation of value of shares outstanding [Abstract]
Changes in share capital [Abstract]
Increase in share capital during period [Abstract]
Amount of public issue during period 0 0
Amount of bonus issue during period 0 0
Amount of rights issue during period 0 0

34
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Amount of private placement issue arising out of conversion of


0 0
debentures preference shares during period
Amount of other private placement issue during period 0 0
Amount of preferential allotment issue arising out of conversion of
0 0
debentures preference shares during period
Amount of other preferential allotment issue during period 0 0
Amount of issue allotted for contracts without payment received in cash
0 0
during period
Amount of issue under scheme of amalgamation during period 0 0
Amount of other issues during period 0 0
Amount of employee stock option plan issued during period 0 0
Amount of other issue arising out of conversion of securities during period 0 0
Total aggregate amount of increase in share capital during period 0 0
Decrease in share capital during period [Abstract]
Decrease in amount of shares bought back 0 0
Other decrease in amount of shares 0 0
Total decrease in share capital during period 0 0
Total increase (decrease) in share capital 0 0
Share capital at end of period 10,000 10,000
Shares in company held by holding company or ultimate holding company or by its
subsidiaries or associates [Abstract]
Shares in company held by holding company [shares] 10,00,000 [shares] 10,00,000
Shares in company held by ultimate holding company [shares] 0 [shares] 0
Shares in company held by subsidiaries of its holding company [shares] 0 [shares] 0
Shares in company held by subsidiaries of its ultimate holding company [shares] 0 [shares] 0
Shares in company held by associates of its holding company [shares] 0 [shares] 0
Shares in company held by associates of its ultimate holding company [shares] 0 [shares] 0
Total shares in company held by holding company or ultimate holding company
[shares] 10,00,000 [shares] 10,00,000
or by its subsidiaries or associates
Shares reserved for issue under options and contracts or commitments for sale of
[shares] 0 [shares] 0
shares or disinvestment
Amount of shares reserved for issue under options and contracts or commitments
0 0
for sale of shares or disinvestment
Aggregate number of fully paid-up shares issued pursuant to contracts without
[shares] 0 [shares] 0
payment being received in cash
Aggregate number of fully paid-up shares issued by way of bonus shares [shares] 0 [shares] 0
Aggregate number of shares bought back [shares] 0 [shares] 0
Original paid-up value of forfeited shares 0 0
Details of application money received for allotment of securities and due for
refund and interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund and
interest accrued thereon [Abstract]
Application money received for allotment of securities and due for refund,
0 0
principal
Application money received for allotment of securities and due for refund,
0 0
interest accrued
Total application money received for allotment of securities and due for
0 0
refund and interest accrued thereon
Number of shares proposed to be issued [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0

Unless otherwise specified, all monetary values are in Thousands of INR


01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of notes on share capital explanatory [TextBlock]
Whether there are any shareholders holding more than five per cent
Yes Yes
shares in company
Whether money raised from public offering during year No No

35
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[200200] Notes - Reserves and surplus

Statement of changes in reserves [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Components of reserves [Axis] Reserves [Member] Surplus [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period 6,70,986 5,31,202 6,70,986 5,31,202
Total additions to reserves 6,70,986 5,31,202 6,70,986 5,31,202
Total changes in reserves 6,70,986 5,31,202 6,70,986 5,31,202
Reserves at end of period 22,72,712 16,01,726 22,72,712 16,01,726

Statement of changes in reserves [Table] ..(2)


Unless otherwise specified, all monetary values are in Thousands of INR
Components of reserves [Axis] Surplus [Member]
31/03/2013
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Reserves at end of period 10,70,524

[200300] Notes - Borrowings

Classification of borrowings [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification based on time period [Axis] Long-term [Member]
Classification of borrowings [Axis] Borrowings [Member] Term loans [Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member] Unsecured borrowings [Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Borrowings notes [Abstract]
Details of borrowings [Abstract]
Details of borrowings [LineItems]
Borrowings 1,01,000 1,46,000 1,01,000 1,46,000

Classification of borrowings [Table] ..(2)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification based on time period [Axis] Long-term [Member]
Classification of borrowings [Axis] Term loans from banks [Member] Rupee term loans from banks [Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member] Unsecured borrowings [Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Borrowings notes [Abstract]
Details of borrowings [Abstract]
Details of borrowings [LineItems]
Borrowings 1,01,000 1,46,000 1,01,000 1,46,000

36
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Classification of borrowings [Table] ..(3)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification based on time period [Axis] Short-term [Member]
Classification of borrowings [Axis] Borrowings [Member] Other loans and advances [Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member] Unsecured borrowings [Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Borrowings notes [Abstract]
Details of borrowings [Abstract]
Details of borrowings [LineItems]
Borrowings 2,934 7,937 2,934 7,937

Classification of borrowings [Table] ..(4)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification based on time period [Axis] Short-term [Member]
Other loans and advances, others
Classification of borrowings [Axis]
[Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member]
31/03/2015 31/03/2014
Borrowings notes [Abstract]
Details of borrowings [Abstract]
Details of borrowings [LineItems]
Borrowings 2,934 7,937

[201000] Notes - Tangible assets

Disclosure of additional information tangible assets [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Company total tangible assets
Classes of tangible assets [Axis] Furniture and fixtures [Member]
[Member]
Owned and leased assets Owned and leased assets
Sub classes of tangible assets [Axis] Owned assets [Member]
[Member] [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of additional information
tangible assets [Abstract]
Disclosure of additional information
tangible assets [LineItems]
Straight Line Straight Line
Depreciation method tangible assets - - - -
Value Value
Useful lives or depreciation rates
NA NA NA NA 7.00 8.00
tangible assets

Disclosure of additional information tangible assets [Table] ..(2)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Vehicles [Member] Office equipment [Member]
Owned and leased assets Owned and leased assets
Sub classes of tangible assets [Axis] Owned assets [Member]
[Member] [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of additional information
tangible assets [Abstract]
Disclosure of additional information
tangible assets [LineItems]
Straight Line Straight Line
Depreciation method tangible assets - -
Value Value
- -

Useful lives or depreciation rates


NA NA 4.00 5.00 NA NA
tangible assets

37
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of additional information tangible assets [Table] ..(3)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Office equipment [Member] Computer equipments [Member]
Owned and leased assets
Sub classes of tangible assets [Axis] Owned assets [Member] Owned assets [Member]
[Member]
01/04/2013 01/04/2014
01/04/2014 01/04/2014 01/04/2013 01/04/2013
to to to to
to to
31/03/2015 31/03/2015 31/03/2014 31/03/2014
31/03/2014 31/03/2015
Disclosure of additional information
tangible assets [Abstract]
Disclosure of additional information
tangible assets [LineItems]
Straight Straight
Depreciation method tangible assets Straight Line Value
Line Value
- -
Line Value
Straight Line Value
Mobile Phones - 1 Mobile Phones - 2
Useful lives or depreciation rates Years Computers - 2 Years Computers - 3
5.00 NA NA 6.00
tangible assets Years & Others - 7 Years & Others - 8
Years Years

Disclosure of additional information tangible assets [Table] ..(4)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Leasehold improvements [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member] Owned assets [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of additional information tangible assets
[Abstract]
Disclosure of additional information tangible assets
[LineItems]
Depreciation method tangible assets - - Straight Line Value Straight Line Value
Over The Primary
Over The Primary
Period Of Lease
Period Of Lease
Useful lives or depreciation rates tangible assets NA NA Subject To A
Subject To A
Maximum Of 5
Maximum Of 5 Years
Years

38
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of tangible assets [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 5,55,547 3,76,752 5,55,547 3,76,752
assets
Depreciation tangible assets -3,51,051 -2,88,017 3,51,051 2,88,017
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
476 10,994 12,250 43,694 11,774 32,700
others
Total disposals tangible
476 10,994 12,250 43,694 11,774 32,700
assets
Other adjustments tangible
assets [Abstract]
Other adjustments tangible
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
2,04,020 77,741 5,43,297 3,33,058 3,39,277 2,55,317
assets
Tangible assets at end of period 9,32,354 7,28,334 21,48,573 16,05,276 12,16,219 8,76,942

39
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of tangible assets [Table] ..(2)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 5,55,547 3,76,752 5,55,547 3,76,752
assets
Depreciation tangible assets -3,51,051 -2,88,017 3,51,051 2,88,017
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
476 10,994 12,250 43,694 11,774 32,700
others
Total disposals tangible
476 10,994 12,250 43,694 11,774 32,700
assets
Other adjustments tangible
assets [Abstract]
Other adjustments tangible
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
2,04,020 77,741 5,43,297 3,33,058 3,39,277 2,55,317
assets
Tangible assets at end of period 9,32,354 7,28,334 21,48,573 16,05,276 12,16,219 8,76,942

40
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of tangible assets [Table] ..(3)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Furniture and fixtures [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 44,869 29,236 44,869 29,236
assets
Depreciation tangible assets -15,672 -16,072 15,672 16,072
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
31 43 123 59 92 16
others
Total disposals tangible
31 43 123 59 92 16
assets
Other adjustments tangible
assets [Abstract]
Other adjustments tangible
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
29,166 13,121 44,746 29,177 15,580 16,056
assets
Tangible assets at end of period 1,08,807 79,641 1,73,677 1,28,931 64,870 49,290

41
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of tangible assets [Table] ..(4)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Furniture and fixtures [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 44,869 29,236 44,869 29,236
assets
Depreciation tangible assets -15,672 -16,072 15,672 16,072
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
31 43 123 59 92 16
others
Total disposals tangible
31 43 123 59 92 16
assets
Other adjustments tangible
assets [Abstract]
Other adjustments tangible
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
29,166 13,121 44,746 29,177 15,580 16,056
assets
Tangible assets at end of period 1,08,807 79,641 1,73,677 1,28,931 64,870 49,290

42
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of tangible assets [Table] ..(5)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Vehicles [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 0 0 0 0
assets
Depreciation tangible assets -991 -1,125 991 1,125
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
0 825 0 2,000 0 1,175
others
Total disposals tangible
0 825 0 2,000 0 1,175
assets
Other adjustments tangible
assets [Abstract]
Other adjustments tangible
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
-991 -1,950 0 -2,000 991 -50
assets
Tangible assets at end of period 1,913 2,904 4,956 4,956 3,043 2,052

43
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of tangible assets [Table] ..(6)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Vehicles [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 0 0 0 0
assets
Depreciation tangible assets -991 -1,125 991 1,125
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
0 825 0 2,000 0 1,175
others
Total disposals tangible
0 825 0 2,000 0 1,175
assets
Other adjustments tangible
assets [Abstract]
Other adjustments tangible
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
-991 -1,950 0 -2,000 991 -50
assets
Tangible assets at end of period 1,913 2,904 4,956 4,956 3,043 2,052

44
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of tangible assets [Table] ..(7)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Office equipment [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 1,22,241 78,944 1,22,241 78,944
assets
Depreciation tangible assets -83,712 -31,347 83,712 31,347
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
391 101 856 636 465 535
others
Total disposals tangible
391 101 856 636 465 535
assets
Other adjustments tangible
assets [Abstract]
Other adjustments tangible
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
38,138 47,496 1,21,385 78,308 83,247 30,812
assets
Tangible assets at end of period 2,09,413 1,71,275 4,01,790 2,80,405 1,92,377 1,09,130

45
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of tangible assets [Table] ..(8)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Office equipment [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 1,22,241 78,944 1,22,241 78,944
assets
Depreciation tangible assets -83,712 -31,347 83,712 31,347
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
391 101 856 636 465 535
others
Total disposals tangible
391 101 856 636 465 535
assets
Other adjustments tangible
assets [Abstract]
Other adjustments tangible
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
38,138 47,496 1,21,385 78,308 83,247 30,812
assets
Tangible assets at end of period 2,09,413 1,71,275 4,01,790 2,80,405 1,92,377 1,09,130

46
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of tangible assets [Table] ..(9)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Computer equipments [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 2,54,688 1,60,817 2,54,688 1,60,817
assets
Depreciation tangible assets -1,64,464 -1,56,852 1,64,464 1,56,852
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
54 10,025 11,271 40,999 11,217 30,974
others
Total disposals tangible
54 10,025 11,271 40,999 11,217 30,974
assets
Other adjustments tangible
assets [Abstract]
Other adjustments tangible
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
90,170 -6,060 2,43,417 1,19,818 1,53,247 1,25,878
assets
Tangible assets at end of period 3,11,783 2,21,613 9,18,215 6,74,798 6,06,432 4,53,185

47
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of tangible assets [Table] ..(10)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Computer equipments [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 2,54,688 1,60,817 2,54,688 1,60,817
assets
Depreciation tangible assets -1,64,464 -1,56,852 1,64,464 1,56,852
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
54 10,025 11,271 40,999 11,217 30,974
others
Total disposals tangible
54 10,025 11,271 40,999 11,217 30,974
assets
Other adjustments tangible
assets [Abstract]
Other adjustments tangible
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
90,170 -6,060 2,43,417 1,19,818 1,53,247 1,25,878
assets
Tangible assets at end of period 3,11,783 2,21,613 9,18,215 6,74,798 6,06,432 4,53,185

48
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of tangible assets [Table] ..(11)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Leasehold improvements [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 1,33,749 1,07,755 1,33,749 1,07,755
assets
Depreciation tangible assets -86,212 -82,621 86,212 82,621
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
0 0 0 0 0 0
others
Total disposals tangible
0 0 0 0 0 0
assets
Other adjustments tangible
assets [Abstract]
Other adjustments tangible
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
47,537 25,134 1,33,749 1,07,755 86,212 82,621
assets
Tangible assets at end of period 3,00,438 2,52,901 6,49,935 5,16,186 3,49,497 2,63,285

49
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of tangible assets [Table] ..(12)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of tangible assets [Axis] Leasehold improvements [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and
Carrying amount [Member]
carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
tangible assets [Abstract]
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 1,33,749 1,07,755 1,33,749 1,07,755
assets
Depreciation tangible assets -86,212 -82,621 86,212 82,621
Impairment loss
recognised in profit or 0 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
0 0 0 0 0 0
others
Total disposals tangible
0 0 0 0 0 0
assets
Other adjustments tangible
assets [Abstract]
Other adjustments tangible
0 0 0 0
assets, others
Total other adjustments
0 0 0 0
tangible assets
Total changes in tangible
47,537 25,134 1,33,749 1,07,755 86,212 82,621
assets
Tangible assets at end of period 3,00,438 2,52,901 6,49,935 5,16,186 3,49,497 2,63,285

[201100] Notes - Intangible assets

Disclosure of additional information intangible assets [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Company total intangible assets
Classes of intangible assets [Axis] Computer software [Member]
[Member]
Internally generated and other Internally generated and other
Intangible assets other than
Sub classes of intangible assets [Axis] than internally generated than internally generated
internally generated [Member]
intangible assets [Member] intangible assets [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of additional information
intangible assets [Abstract]
Disclosure of additional information
intangible assets [LineItems]
Useful lives or amortization rates
NA NA NA NA 4.00 5.00
intangible assets
Description of amortization method Straight Line Straight Line
- - - -
used Value Value

50
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of intangible assets [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of intangible assets [Axis] Company total intangible assets [Member]
Sub classes of intangible assets [Axis] Internally generated and other than internally generated intangible assets [Member]
Carrying amount accumulated amortization and Gross carrying amount Accumulated amortization and
Carrying amount [Member]
impairment and gross carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets
[LineItems]
Reconciliation of changes in
intangible assets [Abstract]
Changes in intangible assets
[Abstract]
Additions to intangible assets
[Abstract]
Additions other than through
business combinations 22,598 15,244 22,598 15,244
intangible assets
Total additions to
22,598 15,244 22,598 15,244
intangible assets
Amortization intangible assets -9,684 -10,487 9,684 10,487
Impairment loss
recognised in profit or 0 0 0 0
loss intangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
intangible assets
Disposals intangible assets
[Abstract]
Disposals intangible
0 0 0 58 0 58
assets, others
Total disposals intangible
0 0 0 58 0 58
assets
Other adjustments intangible
assets [Abstract]
Other adjustments
0 0 0 0
intangible assets, others
Total other adjustments
0 0 0 0
intangible assets
Total changes in intangible
12,914 4,757 22,598 15,186 9,684 10,429
assets
Intangible assets at end of period 35,907 22,993 81,701 59,103 45,794 36,110

51
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of intangible assets [Table] ..(2)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of intangible assets [Axis] Company total intangible assets [Member]
Sub classes of intangible assets [Axis] Intangible assets other than internally generated [Member]
Carrying amount accumulated amortization and Gross carrying amount Accumulated amortization and
Carrying amount [Member]
impairment and gross carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets
[LineItems]
Reconciliation of changes in
intangible assets [Abstract]
Changes in intangible assets
[Abstract]
Additions to intangible assets
[Abstract]
Additions other than through
business combinations 22,598 15,244 22,598 15,244
intangible assets
Total additions to
22,598 15,244 22,598 15,244
intangible assets
Amortization intangible assets -9,684 -10,487 9,684 10,487
Impairment loss
recognised in profit or 0 0 0 0
loss intangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
intangible assets
Disposals intangible assets
[Abstract]
Disposals intangible
0 0 0 58 0 58
assets, others
Total disposals intangible
0 0 0 58 0 58
assets
Other adjustments intangible
assets [Abstract]
Other adjustments
0 0 0 0
intangible assets, others
Total other adjustments
0 0 0 0
intangible assets
Total changes in intangible
12,914 4,757 22,598 15,186 9,684 10,429
assets
Intangible assets at end of period 35,907 22,993 81,701 59,103 45,794 36,110

52
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of intangible assets [Table] ..(3)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of intangible assets [Axis] Computer software [Member]
Sub classes of intangible assets [Axis] Internally generated and other than internally generated intangible assets [Member]
Carrying amount accumulated amortization and Gross carrying amount Accumulated amortization and
Carrying amount [Member]
impairment and gross carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets
[LineItems]
Reconciliation of changes in
intangible assets [Abstract]
Changes in intangible assets
[Abstract]
Additions to intangible assets
[Abstract]
Additions other than through
business combinations 22,598 15,244 22,598 15,244
intangible assets
Total additions to
22,598 15,244 22,598 15,244
intangible assets
Amortization intangible assets -9,684 -10,487 9,684 10,487
Impairment loss
recognised in profit or 0 0 0 0
loss intangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
intangible assets
Disposals intangible assets
[Abstract]
Disposals intangible
0 0 0 58 0 58
assets, others
Total disposals intangible
0 0 0 58 0 58
assets
Other adjustments intangible
assets [Abstract]
Other adjustments
0 0 0 0
intangible assets, others
Total other adjustments
0 0 0 0
intangible assets
Total changes in intangible
12,914 4,757 22,598 15,186 9,684 10,429
assets
Intangible assets at end of period 35,907 22,993 81,701 59,103 45,794 36,110

53
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of intangible assets [Table] ..(4)


Unless otherwise specified, all monetary values are in Thousands of INR
Classes of intangible assets [Axis] Computer software [Member]
Sub classes of intangible assets [Axis] Intangible assets other than internally generated [Member]
Carrying amount accumulated amortization and Gross carrying amount Accumulated amortization and
Carrying amount [Member]
impairment and gross carrying amount [Axis] [Member] impairment [Member]
01/04/2014 01/04/2013 01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets
[LineItems]
Reconciliation of changes in
intangible assets [Abstract]
Changes in intangible assets
[Abstract]
Additions to intangible assets
[Abstract]
Additions other than through
business combinations 22,598 15,244 22,598 15,244
intangible assets
Total additions to
22,598 15,244 22,598 15,244
intangible assets
Amortization intangible assets -9,684 -10,487 9,684 10,487
Impairment loss
recognised in profit or 0 0 0 0
loss intangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0 0
intangible assets
Disposals intangible assets
[Abstract]
Disposals intangible
0 0 0 58 0 58
assets, others
Total disposals intangible
0 0 0 58 0 58
assets
Other adjustments intangible
assets [Abstract]
Other adjustments
0 0 0 0
intangible assets, others
Total other adjustments
0 0 0 0
intangible assets
Total changes in intangible
12,914 4,757 22,598 15,186 9,684 10,429
assets
Intangible assets at end of period 35,907 22,993 81,701 59,103 45,794 36,110

54
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[200600] Notes - Subclassification and notes on liabilities and assets

Disclosure of breakup of provisions [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification based on time period [Axis] Long-term [Member] Short-term [Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Subclassification and notes on liabilities and assets
[Abstract]
Provisions notes [Abstract]
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [LineItems]
Provisions [Abstract]
Provisions for employee benefits
[Abstract]
Provision gratuity 9,893 0
Provision leave encashment 9,529 30,721 57,248 6,566
Provision other employee related
5,754 945 88,738 66,963
liabilities
Total provisions for employee benefits 15,283 31,666 1,55,879 73,529
Total provisions 15,283 31,666 1,55,879 73,529

Classification of long-term trade receivables [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification of assets based on security
Classification of assets based on security [Axis] Unsecured considered good [Member]
[Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Subclassification and notes on liabilities and assets
[Abstract]
Other non-current assets notes [Abstract]
Other non-current assets [Abstract]
Long-term trade receivables [Abstract]
Long-term trade receivables [LineItems]
Breakup of long-term trade receivables
[Abstract]
Long-term trade receivables, gross 98 134 98 134
Total long-term trade receivables 98 134 98 134

Subclassification of trade receivables [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification of assets based on security
Classification of assets based on security [Axis] Unsecured considered good [Member]
[Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Subclassification and notes on liabilities and assets
[Abstract]
Trade receivables notes [Abstract]
Trade receivables [Abstract]
Subclassification of trade receivables
[Abstract]
Subclassification of trade receivables
[LineItems]
Breakup of trade receivables [Abstract]
Trade receivables, gross 4,81,033 2,66,306 4,81,033 2,66,306
Total trade receivables 4,81,033 2,66,306 4,81,033 2,66,306

55
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Classification of inventories [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification of inventories [Axis] Company total inventories [Member]
31/03/2015 31/03/2014
Subclassification and notes on liabilities and assets [Abstract]
Inventories notes [Abstract]
Inventories [Abstract]
Classification of inventories [Abstract]
Details of inventories [LineItems]
Inventories 0 0

Loans and advances [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification based on time period [Axis] Long-term [Member]
Classification of loans and advances [Axis] Loans and advances [Member] Security deposits [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Subclassification and notes on liabilities and assets
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 2,04,438 1,74,855 2,04,438 1,57,406
Loans and advances 2,04,438 1,74,855 2,04,438 1,57,406

Loans and advances [Table] ..(2)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification based on time period [Axis] Long-term [Member]
Classification of loans and advances [Axis] Other loans and advances [Member] Prepaid expenses [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Subclassification and notes on liabilities and assets
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 0 17,449 0 2,219
Loans and advances 0 17,449 0 2,219

Loans and advances [Table] ..(3)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification based on time period [Axis] Long-term [Member]
Classification of loans and advances [Axis] Advance tax [Member] Advance income tax paid [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Subclassification and notes on liabilities and assets
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 0 15,230 0 13,896
Loans and advances 0 15,230 0 13,896

56
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Loans and advances [Table] ..(4)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification based on time period [Axis] Long-term [Member] Short-term [Member]
Advance fringe benefit tax paid
Classification of loans and advances [Axis] Loans and advances [Member]
[Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Subclassification and notes on liabilities and assets
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 0 1,334 3,03,636 1,96,142
Loans and advances 0 1,334 3,03,636 1,96,142

Loans and advances [Table] ..(5)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification based on time period [Axis] Short-term [Member]
Loans and advances to related parties
Classification of loans and advances [Axis] Security deposits [Member]
[Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Subclassification and notes on liabilities and assets
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 0 4,680 16,147 9,951
Loans and advances 0 4,680 16,147 9,951

Loans and advances [Table] ..(6)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification based on time period [Axis] Short-term [Member]
Loans advances given other related
Classification of loans and advances [Axis] Other loans and advances [Member]
parties [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Subclassification and notes on liabilities and assets
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 16,147 9,951 2,87,489 1,81,511
Loans and advances 16,147 9,951 2,87,489 1,81,511

Loans and advances [Table] ..(7)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification based on time period [Axis] Short-term [Member]
Classification of loans and advances [Axis] Prepaid expenses [Member] Service tax receivable [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Subclassification and notes on liabilities and assets
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 27,691 14,144 2,54,952 1,61,746
Loans and advances 27,691 14,144 2,54,952 1,61,746

57
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Loans and advances [Table] ..(8)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification based on time period [Axis] Short-term [Member]
Other loans and advances, others
Classification of loans and advances [Axis]
[Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
31/03/2015 31/03/2014
Subclassification and notes on liabilities and assets [Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 4,846 5,621
Loans and advances 4,846 5,621

Unless otherwise specified, all monetary values are in Thousands of INR


31/03/2015 31/03/2014
Disclosure of subclassification and notes on liabilities and assets
explanatory [TextBlock]
Trade payables, long-term 0 0
Others long-term, others 99,199 96,683
Total others, long-term 99,199 96,683
Total other long-term liabilities 99,199 96,683
Current maturities of long-term debt 45,000 45,000
Interest accrued but not due on borrowings 0 0
Interest accrued and due on borrowings 0 0
Interest accrued but not due on public deposits 0 0
Interest accrued and due on public deposits 0 0
Debentures claimed but not paid 0 0
Income received in advance 1,96,463 2,70,123
Unpaid dividends 0 0
Application money received for allotment of securities and
0 0
due for refund, principal
Unpaid matured deposits and interest accrued thereon 0 0
Unpaid matured debentures and interest accrued thereon 0 0
Taxes payable current tax 1,65,514 1,63,358
Accrued expenses payable 15,566 8,185
Public deposit payable, current 0 0
Total other payables, current 1,81,080 1,71,543
Other advance received 1,07,778 1,53,324
Current liabilities portion of share application money pending
0 0
allotment
Other current liabilities, others 91,457 38,721
Total other current liabilities 6,21,778 6,78,711
Total other non-current assets 98 134
Aggregate amount of trade receivables outstanding for period
9,422 21,018
exceeding six months
Fixed deposits with banks 0 0
Other deposits with banks 7,36,500 9,96,500
Total balance with banks 7,36,500 9,96,500
Cash on hand 16 5
Total cash and cash equivalents 7,36,516 9,96,505
Other bank balances 1,00,000 0
Total cash and bank balances 8,36,516 9,96,505
Total balances held with banks to extent held as
margin money or security against borrowings, 0 0
guarantees or other commitments
Bank deposits with more than twelve months maturity 0 0
Unbilled revenue 11,54,454 8,29,065
Interest receivable 10,988 494
Other current assets, others 131 95
Total other current assets 11,65,573 8,29,654

58
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[200700] Notes - Additional disclosures on balance sheet


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of additional balance sheet notes explanatory [TextBlock]
Total contingent liabilities and commitments 0 0
Amount of dividends proposed to be distributed to equity shareholders 0 0
Amount of per share dividend proposed to be distributed to equity
[INR/shares] 0 [INR/shares] 0
shareholders
Deposits accepted or renewed during period 0 0
Deposits matured and claimed but not paid during period 0 0
Deposits matured and claimed but not paid 0 0
Deposits matured but not claimed 0 0
Interest on deposits accrued and due but not paid 0 0
Share application money received during year 0 0
Share application money paid during year 0 0
Amount of share application money received back during year 0 0
Amount of share application money repaid returned back during year 0 0
Number of person share application money paid during year [pure] 0 [pure] 0
Number of person share application money received during year [pure] 0 [pure] 0
Number of person share application money paid as at end of year [pure] 0 [pure] 0
Number of person share application money received as at end of year [pure] 0 [pure] 0
Whether maintenance of cost records by company has been
mandated under Companies (Cost Records and Audit) Rules, No No
2014
Unclaimed share application refund money 0 0
Unclaimed matured debentures 0 0
Unclaimed matured deposits 0 0
Interest unclaimed amount 0 0
Number of warrants converted into equity shares during period [pure] 0 [pure] 0
Number of warrants converted into preference shares during period [pure] 0 [pure] 0
Number of warrants converted into debentures during period [pure] 0 [pure] 0
Number of warrants issued during period (in foreign currency) [pure] 0 [pure] 0
Number of warrants issued during period (INR) [pure] 0 [pure] 0

[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates
Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014
to
31/03/2015
Disclosure of accounting policies, change in accounting policies and Textual information (27)
changes in estimates explanatory [TextBlock] [See below]

59
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (27)

Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]

Significant
3 accounting
policies

a Use of estimates

The preparation of the financial statements in conformity with Indian GAAP


requires the Management to make estimates and assumptions considered in
the reported amounts of assets and liabilities (including contingent liabilities)
and the reported income and expenses during the year. The Management
believes that the estimates used in preparation of the financial statements are
prudent and reasonable. Future results could differ due to these estimates
and the differences between the actual results and the estimates are
recognised in the periods in which the results are known / materialise.

b Cash and cash equivalents

Cash and cash equivalents for the purpose of the Cash Flow Statement
comprises cash on hand, cash in bank and fixed deposits and other
short-term highly liquid investments with original maturity of three months or
less that are readily convertible into known amount of cash and which are
subject to an insignificant risk of change in value.

c Cash flow statement

Cash flows are reported using the indirect method, whereby profit / (loss)
before extraordinary items and tax is adjusted for the effects of transactions of
non-cash nature and any deferrals or accruals of past or future cash receipts
or payments. The cash flows from operating, investing and financing activities
of the Company are segregated based on the available information.

d Tangible fixed assets

Fixed assets are stated at cost of acquisition, including any cost attributable
for bringing the asset to its working condition, less accumulated depreciation.
Gains or losses arising from derecognition of fixed assets are measured as
the difference between the net disposal proceeds and the cost of the assets
less accumulated depreciation upto the date of disposal and are recognised
in the Statement of Profit and Loss when asset is derecognised.

e Depreciation on tangible fixed assets

Depreciation on assets is provided on straight line method over the useful life

60
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

as estimated by the Management or as prescribed in Schedule II to the


Companies Act ,2013, whichever is lower.

Class of fixed assets


Useful life in years
Furniture &
Fixtures 8 years
Computers
3 years
Software
5 years
Vehicles
5 years Office
equipment 5
years Mobile
Phones 2
years Leasehold
improvements Over the
primary period of lease, subject
to a maximum of 5 years. Fixed
assets costing less than ` 5,000
are fully depreciated in the year
of acquisition.

Change in estimates:

Pursuant to notification of
Schedule II to the Companies
Act, 2013 the Company has,
with effect from April 1, 2014,
realigned the useful life of Office
equipment from 8 years to 5
years. Pursuant to such
change, the carrying amount of
such assets as on April 1, 2014
has been depreciated over the
remaining useful life, resulting in
the depreciation charge for the
year being higher by ` 28,287
thousand and where the
remaining useful life has been
exhausted, the carrying amount
of such assets amounting to `
24,446 thousand has been
charged to the Statement of
Profit and Loss.

f Intangible assets and amortisation

Intangible assets comprising of computer software are stated at cost of


acquisition, including any cost attributable for bringing the asset to its working
condition, less accumulated amortisation. Any technology support cost or
annual maintenance cost for such software is charged annually to the
Statement of Profit and Loss. Intangible assets are being amortised over a
period of five years on a straight-line method.

g Impairment of assets

61
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

The carrying amounts of assets at each Balance Sheet date are reviewed for
impairment. If any indication of impairment based on internal / external factors
exists, the recoverable amount of such assets is estimated and impairment is
recognised wherever the carrying amount of an asset exceeds its recoverable
amount. The recoverable amount is the greater of the net selling price and its
value in use which is arrived at by discounting the future cash flows to their
present value based on an appropriate discount factor. When there is
indication that an impairment loss recognised for an asset in earlier
accounting periods no longer exists or may have decreased, such reversal of
impairment loss is recognised in the Statement of Profit and Loss, except in
case of revalued assets.

h Employee benefits

Defined contribution plans

The Companys contribution to


recognised provident fund
(maintained and managed by
the Office of the Regional
Provident Fund Commissioner)
is considered as defined
contribution plan and amounts
paid/payable during the year is
recognised in the Statement of
Profit and Loss.

Defined benefit plan

The Company accounts for its


defined benefit obligations for
funded gratuity benefits with
SBI Life Insurance Company
Limited and BNP Paribas India
i. Solutions Employee's Gratuity
Fund on the basis of an
independent actuarial valuation
based on the projected unit
credit method carried out as at
the year end.

The employees of the Company


are entitled to compensated
absences and leave
encashment as per the policy of
the Company, the liability in
ii.
respect of which is provided, on
the basis of an independent
actuarial valuation based on the
projected unit credit method
carried out as at the year end.

Actuarial gains and losses


comprise experience
adjustments and the effects of

62
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

changes in actuarial
assumptions and are

iii.

63
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

recognised immediately in the


Statement of Profit and Loss as
income or expense.

The undiscounted amount of


short-term employee benefits
expected to be paid in
iv. exchange for services rendered
by an employee is recognised
during the period when the
employee renders the service.

i Revenue recognition

Revenue from computer


software, information
technology enabled and back
office processing services is
i. recognised on the basis of an
agreed mark-up on costs
incurred, in accordance with
agreements entered into with
the customer.

Interest income is recognised


on time proportion basis taking
ii.
into account the amount
outstanding and rate applicable.

j Leases

Leases of assets under which all the risks and benefits of ownership are
effectively retained by the lessor are classified as operating leases. Amount
due under the operating leases are charged to the Statement of Profit and
Loss, on a straight - line basis over the lease term in accordance with
Accounting Standard 19 on Leases as notified under the Companies
(Accounting Standards) Rules, 2006. Initial direct costs incurred specifically
for operating leases are recognised as expense in the year in which they are
incurred.

k Earnings per share

Basic earnings per share is computed by dividing the net profit / (loss) after
tax by the weighted average number of equity shares outstanding during the
year. Diluted earnings per share is computed by dividing the net profit / (loss)
after tax as adjusted for expense or income relating to the dilutive potential
equity shares, by the weighted average number of equity shares considered
for deriving basic earnings per share and the weighted average number of
equity shares which could have been issued on the conversion of all dilutive
potential equity shares.

l Taxes on income

64
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Current tax is the amount of tax payable on the taxable income for the year as
determined in accordance with the provisions of the Income - tax Act, 1961.
Deferred tax is recognised on timing differences, being the differences
between the taxable income and the accounting income that originate in one
period and are capable of reversal in one or more subsequent periods.
Deferred tax is measured using the tax rates and the tax laws enacted or
substantially enacted as at the Balance Sheet date. Deferred tax assets other
than unabsorbed depreciation and carry forward of losses are recognised only
to the extent that there is a reasonable certainty that sufficient future taxable
income will be available against which such deferred tax assets can be
realised. Deferred tax assets in respect of unabsorbed depreciation and carry
forward of losses are recognised only if there is virtual certainty supported by
convincing evidence that the same can be realised against future taxable
profits. At each Balance Sheet date the Company re-assesses unrecognised
deferred tax assets. It recognises unrecognised deferred tax assets to the
extent that it has become reasonably certain, that sufficient future taxable
income will be available against which such deferred tax assets can be
realised. Minimum Alternate Tax (MAT) paid in accordance with the tax laws,
which gives future economic benefits in the form of adjustment to future
income tax liability, is considered as an asset if there is convincing evidence
that the Company will pay normal income tax. Accordingly, MAT is recognised
as an asset in the Balance Sheet when it is probable that future economic
benefit associated with it will flow to the Company.

m Foreign currency transactions

Transactions in foreign
currencies are recorded at the
i. rate of exchange in force at the
time of occurrence of the
transactions.

Exchange differences arising on


settlement of revenue
ii. transactions are recognised in
the Statement of Profit and
Loss.

Foreign currency monetary


items outstanding at the
Balance Sheet date are
translated at the exchange rate
iii. prevailing at the Balance Sheet
date and the resultant
difference is recognised as
income or expenses in the
Statement of Profit and Loss.

Non-monetary items
outstanding at the Balance
iv. Sheet date are reported using
exchange rates at the date of
the transactions.

n Provisions and contingencies

65
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

A provision is recognised when the Company has a present obligation as a


result of past events and it is probable that an outflow of resources will be
required to settle the obligation, in respect of which a reliable estimate can be
made. Provisions are not discounted to its present value and are determined
based on best estimate required to settle the obligation at the Balance Sheet
date. These are reviewed at each Balance Sheet date and adjusted to reflect
the current best estimates. Contingent liabilities are not recognised but are
disclosed in the notes. Contingent assets are neither recognised nor
disclosed in the financial statements.

[201700] Notes - Government grants


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of notes on government grants explanatory [TextBlock]
Capital subsidies or grants received from government authorities 0 0
Revenue subsidies or grants received from government authorities 0 0

[201200] Notes - Employee benefits


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014
to
31/03/2015
Textual information (28)
Disclosure of employee benefits explanatory [TextBlock] [See below]

66
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (28)

Disclosure of employee benefits explanatory [Text Block]

Defined benefit plan

The Company accounts for its defined benefit obligations for funded gratuity benefits with SBI Life Insurance Company Limited
and BNP Paribas India Solutions Employee's Gratuity Fund on the basis of an independent actuarial valuation based on the
projected unit credit method carried out as at the year end.

The employees of the Company are entitled to compensated absences and leave encashment as per the policy of the
Company, the liability in respect of which is provided, on the basis of an independent actuarial valuation based on the projected
unit credit method carried out as at the year end.

Actuarial gains and losses comprise experience adjustments and the effects of changes in actuarial assumptions and are
recognised immediately in the Statement of Profit and Loss as income or expense.

The undiscounted amount of short-term employee benefits expected to be paid in exchange for services rendered by an
employee is recognised during the period when the employee renders the service.

[201600] Notes - Related party

Disclosure of relationship and transactions between related parties [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Categories of related parties [Axis] 1 2
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of relationship and transactions between
related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
BNP PARIBAS BNP PARIBAS
BNP Paribas S.A. BNP Paribas S.A. &
Name of related party & its branches its branches
SECURITIES INDIA SECURITIES INDIA
PRIVATE LIMITED PRIVATE LIMITED
Country of incorporation or residence of related
FRANCE FRANCE INDIA INDIA
party
Permanent account number of related party AADCB4690F AADCB4690F
CIN of related party U74920MH2008FTC182807 U74920MH2008FTC182807
Description of nature of related party relationship Holding company Holding company Fellow Subsidiary company Fellow Subsidiary company
Rendering of Rendering of
services, Support services, Support
fees, Term Loan fees, Term Loan
Description of nature of transactions with related
Taken & Repaid, Taken & Repaid, Rendering of services Rendering of services
party Interest and Interest and Finance
Finance Charges, Charges, Interest
Interest Income. Income.

67
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of relationship and transactions between related parties [Table] ..(2)


Unless otherwise specified, all monetary values are in Thousands of INR
Categories of related parties [Axis] 3 4
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of relationship and
transactions between
related parties [Abstract]
Disclosure of relationship and
transactions between
related parties [LineItems]
BNP Paribas Wealth BNP Paribas Wealth
Name of related party Management India Private Management India Private Arval India Private Limited Arval India Private Limited
Limited Limited
Country of incorporation or
residence of related INDIA INDIA INDIA INDIA
party
Permanent account number of
AACCB6236C AACCB6236C AAGCA5212K AAGCA5212K
related party
CIN of related party U65990MH2005PTC153076 U65990MH2005PTC153076 U71110MH2007PTC173843 U71110MH2007PTC173843
Description of nature of related party
Fellow Subsidiary company Fellow Subsidiary company Fellow Subsidiary company Fellow Subsidiary company
relationship
Description of nature of transactions
Rendering of services, Car Rendering of services, Car
with related Rendering of services Rendering of services
rentals paid rentals paid
party

Disclosure of relationship and transactions between related parties [Table] ..(3)


Unless otherwise specified, all monetary values are in Thousands of INR
Categories of related parties [Axis] 5 6
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of relationship and transactions between
related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
BNP Paribus BNP Paribus BNP Paribas Net BNP Paribas Net
Name of related party Procurement Tech Procurement Tech Limited Limited
Country of incorporation or residence of related UNITED
FRANCE FRANCE UNITED KINGDOM
party KINGDOM
Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary
Description of nature of related party relationship company company company company
Rendering of Rendering of services, Rendering of Rendering of services,
Description of nature of transactions with related
services, Software Software expenses services, Software Software expenses
party expenses paid paid expenses paid paid

Disclosure of relationship and transactions between related parties [Table] ..(4)


Unless otherwise specified, all monetary values are in Thousands of INR
Categories of related parties [Axis] 7 8
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of relationship and transactions between
related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
BNP Paribas BNP Paribas
BNP Paribas BNP Paribas
Name of related party Arbitrage Arbitrage
Securities Services Securities Services
Frankfurt Frankfurt
Country of incorporation or residence of related
FRANCE FRANCE GERMANY GERMANY
party
Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary
Description of nature of related party relationship company company company company
Description of nature of transactions with related Rendering of Rendering of
Rendering of services Rendering of services
party services services

68
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of relationship and transactions between related parties [Table] ..(5)


Unless otherwise specified, all monetary values are in Thousands of INR
Categories of related parties [Axis] 9 10
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of relationship and transactions between
related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
BNP Paribas BNP Paribas BNP Paribas BNP Paribas
Name of related party Securities Services Securities Services Securities Services Securities Services
Australia Australia Luxembourg Luxembourg
Country of incorporation or residence of related
AUSTRALIA AUSTRALIA LUXEMBOURG LUXEMBOURG
party
Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary
Description of nature of related party relationship company company company company
Description of nature of transactions with related Rendering of Rendering of
Rendering of services Rendering of services
party services services

Disclosure of relationship and transactions between related parties [Table] ..(6)


Unless otherwise specified, all monetary values are in Thousands of INR
Categories of related parties [Axis] 11 12
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of relationship and transactions between
related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
BNP Paribas BNP Paribas BNP Paribas BNP Paribas
Name of related party Securities Services Securities Services Securities Services Securities Services
Hongkong Hongkong London London
Country of incorporation or residence of related UNITED
HONG KONG HONG KONG UNITED KINGDOM
party KINGDOM
Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary
Description of nature of related party relationship company company company company
Description of nature of transactions with related Rendering of Rendering of
Rendering of services Rendering of services
party services services

Disclosure of relationship and transactions between related parties [Table] ..(7)


Unless otherwise specified, all monetary values are in Thousands of INR
Categories of related parties [Axis] 13 14
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of relationship and transactions between
related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
BNP Paribas BNP Paribas BNP Paribas BNP Paribas
Name of related party Securities Services Securities Services Securities Services Securities Services
Japan Japan Singapore Singapore
Country of incorporation or residence of related
JAPAN JAPAN SINGAPORE SINGAPORE
party
Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary
Description of nature of related party relationship company company company company
Description of nature of transactions with related Rendering of Rendering of
Rendering of services Rendering of services
party services services

69
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Disclosure of relationship and transactions between related parties [Table] ..(8)


Unless otherwise specified, all monetary values are in Thousands of INR
Categories of related parties [Axis] 15 16
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of relationship and transactions between
related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
BNP Paribas BNP Paribas BNP Paribas BNP Paribas
Name of related party Securities Services Securities Services Securities Services Securities Services
Netherlands Netherlands France France
Country of incorporation or residence of related
NETHERLANDS NETHERLANDS FRANCE FRANCE
party
Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary
Description of nature of related party relationship company company company company
Description of nature of transactions with related Rendering of Rendering of
Rendering of services Rendering of services
party services services

Disclosure of relationship and transactions between related parties [Table] ..(9)


Unless otherwise specified, all monetary values are in Thousands of INR
Categories of related parties [Axis] 17 18
01/04/2014 01/04/2013 01/04/2014 01/04/2013
to to to to
31/03/2015 31/03/2014 31/03/2015 31/03/2014
Disclosure of relationship and transactions between
related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
BNP Paribas Paris BNP Paribas Paris
Name of related party Theam Theam
Jai Sheth Jai Sheth

Country of incorporation or residence of related


FRANCE FRANCE INDIA INDIA
party
Permanent account number of related party AADPS1920N AADPS1920N
Fellow Subsidiary Fellow Subsidiary Key Management Key Management
Description of nature of related party relationship company company Personnel Personnel
Description of nature of transactions with related Rendering of
Rendering of services Remuneration paid Remuneration paid
party services

Disclosure of relationship and transactions between related parties [Table] ..(10)


Unless otherwise specified, all monetary values are in Thousands of INR
Categories of related parties [Axis] 19 20
01/04/2014 01/04/2013 01/04/2013
to to to
31/03/2015 31/03/2014 31/03/2014
Disclosure of relationship and transactions between related parties
[Abstract]
Disclosure of relationship and transactions between related parties
[LineItems]
IVAN ELVIN
Name of related party Andrew Crighton
SALDANHA
Andrew Crighton

Country of incorporation or residence of related party INDIA INDIA INDIA


Permanent account number of related party AKVPC9072D AAJPS5434R AKVPC9072D
Key Management Key Management Key Management
Description of nature of related party relationship Personnel Personnel Personnel
Description of nature of transactions with related party Remuneration paid Remuneration paid Remuneration paid

Unless otherwise specified, all monetary values are in Thousands of INR


01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of notes on related party explanatory [TextBlock]
Whether there are any related party transactions during year No No
Whether company is subsidiary company Yes Yes
Section under which company is subsidiary Section 2(87)(i) Section 2(87)(i)

70
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[201400] Notes - Leases


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of leases explanatory [TextBlock]
Whether any operating lease has been converted to financial lease or
No No
vice-versa

[300300] Notes - Earnings per share


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of earnings per share explanatory [TextBlock]
Adjustments of numerator to calculate basic earnings per share [Abstract]
Profit (loss) for period 6,70,986 5,31,202
Adjustments of numerator to calculate diluted earnings per share [Abstract]
Profit (loss) for period 6,70,986 5,31,202

[202800] Notes - Subsidiary information


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014
to
31/03/2015
Disclosure of subsidiary information explanatory [TextBlock]
Whether company has subsidiary companies No
Whether company has subsidiary companies which are yet to commence
No
operations
Whether company has subsidiary companies liquidated or sold during year No

[201900] Notes - Income taxes


Unless otherwise specified, all monetary values are in Thousands of INR
31/03/2015 31/03/2014
Disclosure of notes on income taxes explanatory [TextBlock]
Disclosure of breakup of deferred tax assets and deferred tax liabilities
[Abstract]
Components of deferred tax assets [Abstract]
Deferred tax asset, employee benefits 59,235 35,756
Deferred tax asset, provision doubtful debts 14,060 46,598
Deferred tax asset, unabsorbed depreciation 44,425 26,987
Deferred tax asset, other 39,719 35,644
Total deferred tax assets 1,57,439 1,44,985

71
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[202400] Notes - Investments in associates


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014
to
31/03/2015
Disclosure of notes on investment in associates explanatory [TextBlock]
Whether company has invested in associates No
Whether company has associates which are yet to commence operations No
Whether company has associates liquidated or sold during year No

[202500] Notes - Financial reporting of interests in joint ventures


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014
to
31/03/2015
Disclosure of notes on interests in joint ventures explanatory [TextBlock]
Whether company has invested in joint ventures No
Whether company has joint ventures which are yet to commence operations No
Whether company has joint ventures liquidated or sold during year No

[202700] Notes - Cash flow statements


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014 01/04/2013
to to 31/03/2013
31/03/2015 31/03/2014
Disclosure of cash flow statement explanatory [TextBlock]
Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement 7,36,516 9,96,505 52,040
Total cash and cash equivalents 7,36,516 9,96,505
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities 4,35,758 2,99,312
Total income taxes paid (refund) 4,35,758 2,99,312

72
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[100200] Statement of profit and loss


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Statement of profit and loss [Abstract]
Disclosure of revenue from operations [Abstract]
Disclosure of revenue from operations for other than finance company
[Abstract]
Revenue from sale of products 0 0
Revenue from sale of services 69,36,452 53,96,281
Total revenue from operations other than finance company 69,36,452 53,96,281
Total revenue from operations 69,36,452 53,96,281
Other income 50,533 1,20,140
Total revenue 69,86,985 55,16,421
Expenses [Abstract]
Cost of materials consumed 0 0
Changes in inventories of finished goods, work-in-progress and
0 0
stock-in-trade
Employee benefit expense 26,28,389 20,48,538
Finance costs 15,964 19,643
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense 3,60,735 2,98,504
Total depreciation, depletion and amortisation expense 3,60,735 2,98,504
CSR expenditure 0 0
Other expenses 28,70,221 22,48,301
Total expenses 58,75,309 46,14,986
Total profit before prior period items, exceptional items, extraordinary
11,11,676 9,01,435
items and tax
Total profit before extraordinary items and tax 11,11,676 9,01,435
Total profit before tax 11,11,676 9,01,435
Tax expense [Abstract]
Current tax 4,53,144 4,12,048
Deferred tax -12,454 -41,815
Total tax expense 4,40,690 3,70,233
Total profit (loss) for period from continuing operations 6,70,986 5,31,202
Total profit (loss) for period before minority interest 6,70,986 5,31,202
Total profit (loss) for period 6,70,986 5,31,202
Earnings per equity share [Abstract]
Basic earning per equity share [INR/shares] 670.99 [INR/shares] 531.2
Diluted earnings per equity share [INR/shares] 670.99 [INR/shares] 531.2

73
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

[300500] Notes - Subclassification and notes on income and expenses


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Subclassification and notes on income and expense explanatory [TextBlock]
Disclosure of revenue from sale of products [Abstract]
Revenue from sale of products [Abstract]
Total revenue from sale of products 0 0
Disclosure of revenue from sale of services [Abstract]
Revenue from sale of services [Abstract]
Revenue from sale of services, gross 69,36,452 53,96,281
Total revenue from sale of services 69,36,452 53,96,281
Disclosure of other income [Abstract]
Interest income [Abstract]
Interest income on long-term investments [Abstract]
Interest on fixed deposits, long-term investments 33,468 6,397
Total interest income on long-term investments 33,468 6,397
Total interest income 33,468 6,397
Dividend income [Abstract]
Total dividend income 0 0
Other non-operating income [Abstract]
Net gain/loss on foreign currency fluctuations treated as other
0 1,11,070
income
Surplus on disposal, discard, demolishment and destruction of
460 2,425
depreciable tangible asset
Miscellaneous other non-operating income 16,605 248
Total other non-operating income 17,065 1,13,743
Total other income 50,533 1,20,140
Disclosure of finance cost [Abstract]
Interest expense [Abstract]
Interest expense long-term loans [Abstract]
Interest expense long-term loans, banks 14,755 18,513
Total interest expense long-term loans 14,755 18,513
Total interest expense 14,755 18,513
Other borrowing costs 1,209 1,130
Total finance costs 15,964 19,643
Employee benefit expense [Abstract]
Salaries and wages 23,59,052 18,37,763
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for contract labour 1,15,483 81,911
Total contribution to provident and other funds 1,15,483 81,911
Staff welfare expense 1,53,854 1,28,864
Total employee benefit expense 26,28,389 20,48,538
Breakup of other expenses [Abstract]
Consumption of stores and spare parts 0 0
Power and fuel 0 0
Rent 3,42,545 2,82,722
Repairs to building 34,866 26,224
Repairs to machinery 4,721 1,286
Insurance 2,794 2,871
Rates and taxes excluding taxes on income [Abstract]
Other cess taxes 3,733 649
Total rates and taxes excluding taxes on income 3,733 649
Electricity expenses 81,661 73,589
Telephone postage 62,052 36,359
Printing stationery 11,095 14,572
Information technology expenses 1,50,897 1,47,429
Travelling conveyance 2,14,642 2,05,269
Legal professional charges 15,33,163 10,49,318
Training recruitment expenses 2,68,921 3,26,702

74
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Directors sitting fees 0 0


Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Total remuneration to directors 0 0
Total managerial remuneration 0 0
Advertising promotional expenses 4,670 3,859
Cost information technology [Abstract]
Total cost information technology 0 0
Provision bad doubtful debts created 0 0
Provision bad doubtful loans advances created 0 0
Write-off assets liabilities [Abstract]
Miscellaneous expenditure written off [Abstract]
Total miscellaneous expenditure written off 0 0
Bad debts written off -96,466 0
Bad debts advances written off 0 0
Liabilities written off 93,683 0
Total write-off assets liabilities -2,783 0
Loss on disposal of intangible asset 0 0
Loss on disposal, discard, demolishment and destruction of depreciable
0 0
tangible asset
Payments to auditor [Abstract]
Payment for audit services 719 663
Payment for reimbursement of expenses 13 2
Total payments to auditor 732 665
Miscellaneous expenses 1,56,512 76,787
Total other expenses 28,70,221 22,48,301
Current tax [Abstract]
Current tax pertaining to previous years 56,260 0
Current tax pertaining to current year 3,96,884 4,12,048
Total current tax 4,53,144 4,12,048

[300600] Notes - Additional information statement of profit and loss


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Additional information on profit and loss account explanatory [TextBlock]
Total changes in inventories of finished goods, work-in-progress and
0 0
stock-in-trade
Revenue software development 69,36,452 53,96,281
Total gross income from services rendered 69,36,452 53,96,281
Expenditure on dividend paid 0 0
Total expenditure in foreign currency 0 0
Total amount of dividend remitted in foreign currency 0 0
Total earnings in foreign currency 0 0
Total revenue from sale of products 0 0
Domestic revenue services 69,36,452 53,96,281
Total revenue from sale of services 69,36,452 53,96,281
Gross value of transaction with related parties as per AS-18 0 0
Bad debts of related parties as per AS-18 0 0

[300100] Notes - Revenue


Unless otherwise specified, all monetary values are in Thousands of INR
01/04/2014
to
31/03/2015
Textual information (29)
Disclosure of revenue explanatory [TextBlock] [See below]

75
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (29)

Disclosure of revenue explanatory [Text Block]

Revenue
recognition

Revenue from computer software, information technology enabled and back office processing services is
i. recognised on the basis of an agreed mark-up on costs incurred, in accordance with agreements entered into with
the customer.

Interest income is recognised on time proportion basis taking into account the amount outstanding and rate
ii.
applicable.

[300700] Notes - Key managerial personnels and directors remuneration and other information

Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and directors [Table] ..(1)
Unless otherwise specified, all monetary values are in Thousands of INR
Key managerial personnels and directors [Axis] 1 2 3 4
01/04/2014 01/04/2014 01/04/2014 01/04/2014
to to to to
31/03/2015 31/03/2015 31/03/2015 31/03/2015
Disclosure of key managerial personnels and directors and
remuneration to key managerial personnels and directors
[Abstract]
Disclosure of key managerial personnels and directors
and remuneration to key managerial personnels and
directors [LineItems]
JAIKUMAR ANDREW
Yves Maurice Guy RAMCHANDAR
Name of key managerial personnel or director VINODKUMAR
Marie Drieux KRISHNAMOORTHY
GORDON
SHETH CRIGHTON
Director identification number of key managerial
02944161 06613490 06614162 06754329
personnel or director
Date of birth of key managerial personnel or
24/07/1975 19/08/1954 02/02/1966 06/02/1965
director
Whole Time O t h e r N o n Other Non Executive O t h e r Non
Designation of key managerial personnel or director Director Executive Director Director Executive Director
Qualification of key managerial personnel or
NA
director
Shares held by key managerial personnel or director [shares] 0
Key managerial personnel or director remuneration
[Abstract]
Gross salary to key managerial personnel or
director [Abstract]
Gross salary to key managerial personnel or
0
director
Total key managerial personnel or director
0
remuneration

Unless otherwise specified, all monetary values are in Thousands of INR


01/04/2014
to
31/03/2015
Disclosure of key managerial personnels and directors and remuneration Textual information (30)
to key managerial personnels and directors explanatory [TextBlock] [See below]

76
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (30)

Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and directors
explanatory [Text Block]

Sr. No. Name of the Director

Mr. Jaikumar Vinodkumar Sheth


1.
(DIN02944161)

Mr. Yves Maurice Guy Marie Drieux


2.
(DIN 06613490)

Mr. Ramchandar Krishnamoorthy


3.
(DIN 06614162)

Mr. Andrew Gordon Crighton


4.
(DIN 06754329)

[301000] Notes - Corporate social responsibility

Classification of CSR spending [Table] ..(1)


Unless otherwise specified, all monetary values are in Thousands of INR
Classification of CSR spending [Axis] 1 2 3
01/04/2014 01/04/2014 01/04/2014
to to to
31/03/2015 31/03/2015 31/03/2015
Disclosure of CSR spending [Abstract]
Details of CSR spent during financial year [Abstract]
Manner in which amount CSR spent during financial year [Abstract]
Manner in which amount CSR spent during financial year
[LineItems]
Funding for
Support for Teach CSR consultancy fee
CSR project or activity identified Kherwadi Municipal
for India Fellows to EY
School
Sector in which project is covered Education Education Education
Whether projects or programs undertaken in local area or other LOCAL OTHERS OTHERS
Name of state or union territory where projects or programs
Maharashtra Tamil Nadu All India
was undertaken
Name of district where projects or programs was undertaken MUMBAI CHENNAI OTHERS
Budget amount outlay project or program wise 8,73,000 21,00,000 1,38,935
Amount spent on projects or programs [Abstract]
Direct expenditure on projects or programs 8,73,000 21,00,000 1,38,935
Overheads on projects or programs 0 0 0
Total amount spent on projects or programs 8,73,000 21,00,000 1,38,935
Implementing Implementing Implementing
Mode of amount spent Agencies Agencies Agencies

77
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Unless otherwise specified, all monetary values are in Thousands of INR


01/04/2014 01/04/2013
to to
31/03/2015 31/03/2014
Disclosure of corporate social responsibility explanatory [TextBlock]
Whether provisions of corporate social responsibility are applicable
on Yes Yes
company
Textual information (31)
Disclosure of composition of CSR committee [TextBlock] [See below]
Whether company has written CSR policy Yes Yes
Textual information
Textual information (32)
Details CSR policy [TextBlock] [See below]
( 3 3 )
[See below]
Disclosure overview of projects or programs proposed to be Textual information (34)
undertaken CSR policy [See below]
Link to CSR Policy on the
Disclosure web link of company at which CSR policy is placed w e b s i t e :
http://www.bnpparibasindiasolutions.com/aboutus.html#
Link to CSR Policy on the
Disclosure web link projects or programs undertaken CSR policy
w e b s i t e :
http://www.bnpparibasindiasolutions.com/aboutus.html#
Average net profit for last three financial years 65,93,95,000 65,93,95,000
Prescribed CSR expenditure 1,31,88,000 1,31,88,000
Amount CSR to be spent for financial year 1,31,88,000 0
Amount unspent CSR 1,00,76,065 0
Disclosure manner in which amount CSR spent during financial
Textual information (35)
year [See below]
explanatory [TextBlock]
Textual information (36)
Details of implementing agency [See below]
Disclosure responsibility statement of CSR committee that Textual information
Textual information (37)
implementation and monitoring of CSR policy is in compliance [See below]
( 3 8 )
with CSR policy of company [See below]

Textual information (31)

Disclosure of composition of CSR committee [Text Block]

S. No. Name Designation/Category

1 Jai Sheth, Director Chairman

2 K Ramchandar, Director Committee Member

CSR Committee : 3 Andy Crighton, Director Committee Member

4 Priya Khare, Head Human Resources Committee Member

5 Jacques Michel, CEO & Country Head BNP Paribas India Permanent Invitee Member

6 Anjali Patil, Group Head - Brand and Communications Permanent Invitee + CSR Coordinator

78
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (32)

Details CSR policy [Text Block]

Introduction:

For BNP Paribas Group, implementing its Corporate Social Responsibility (CSR) policy means financing the real
economy while striving to protect the environment and fight against exclusion.

The main program areas identified by BNP Paribas India Branch are as follows:

1. Education

2. Gender equality and women empowerment

3. Healthcare

4. Art & culture

5. Rural development
CSR
: 6. Environment, and
Policy
7. Contribution to the PMs Relief Fund

The CSR policy also defines the roles and responsibilities of the members of the CSR Committee and its composition.
The Committee is responsible for the preparation and implementation of the CSR Policy, review and approval of
budgets, developing a monitoring framework for implementation and the preparation of the Annual CSR Report.

Link to CSR Policy on the website:

http://www.bnpparibasindiasolutions.com/aboutus.html#

Projects or programs undertaken under CSR Policy:

Funding towards pre-primary classes Prithvi and Jal of Kherwadi Municipal School run by Aseema Charitable Trust
covering honorarium towards various teachers, student meals, maintenance and miscellaneous expenses.

Funding towards sponsoring 6 Teach For India Fellows (2 in Mumbai and 4 in Chennai).

79
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (33)

Details CSR policy [Text Block]

Introduction:

For BNP Paribas Group, implementing its Corporate Social Responsibility (CSR) policy means financing the real
economy while striving to protect the environment and fight against exclusion.

The main program areas identified by BNP Paribas India Branch are as follows:

1. Education

2. Gender equality and women empowerment

3. Healthcare

4. Art & culture

5. Rural development
CSR
: 6. Environment, and
Policy
7. Contribution to the PMs Relief Fund

The CSR policy also defines the roles and responsibilities of the members of the CSR Committee and its composition.
The Committee is responsible for the preparation and implementation of the CSR Policy, review and approval of
budgets, developing a monitoring framework for implementation and the preparation of the Annual CSR Report.

Link to CSR Policy on the website:

http://www.bnpparibasindiasolutions.com/aboutus.html#

Projects or programs undertaken under CSR Policy:

Funding towards pre-primary classes Prithvi and Jal of Kherwadi Municipal School run by Aseema Charitable Trust
covering honorarium towards various teachers, student meals, maintenance and miscellaneous expenses.

Funding towards sponsoring 6 Teach For India Fellows (2 in Mumbai and 4 in Chennai).

Textual information (34)

Disclosure overview of projects or programs proposed to be undertaken CSR policy


CSR Policy:Introduction: For BNP Paribas Group, implementing its Corporate Social Responsibility (CSR) policy means financing the real
economy while striving to protect the environment and fight against exclusion. The main program areas identified by BNP Paribas India Branch
are as follows: Education Gender equality and women empowerment Healthcare Art & culture Rural development Environment, and 7.
Contribution to the PMs Relief Fund The CSR policy also defines the roles and responsibilities of the members of the CSR Committee and its
composition. The Committee is responsible for the preparation and implementation of the CSR Policy, review and approval of budgets,
developing a monitoring framework for implementation and the preparation of the Annual CSR Report. Link to CSR Policy on the website:
http://www.bnpparibasindiasolutions.com/aboutus.html# Projects or programs undertaken under CSR Policy: Funding towards pre-primary
classes Prithvi and Jal of Kherwadi Municipal School run by Aseema Charitable Trust covering honorarium towards various teachers, student
meals, maintenance and miscellaneous expenses. Funding towards sponsoring 6 Teach For India Fellows (2 in Mumbai and 4 in Chennai).

80
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

Textual information (35)

Disclosure manner in which amount CSR spent during financial year explanatory [Text Block]

5. Details of CSR spent


during financial year
2014-15:

(a) Total amount to be


spent for the financial year:
Rs. 1,31,88000

(b) Amount unspent, if


any: Rs. 1,00,76,065

(c) Manner in which the


amount spent during the
financial year is detailed
below:

1 2 3 4 5 6 7 8

Sector in Budget Amount spent Cumulative Amount spent


Location of
which (outlay) on projects expenditure up (direct or through
Sr. no. CSR project the project
project is per (direct & to the reporting implementing
(Address)
covered project indirect) period agencies)

Direct
expenditure
on program

8.73 lakhs
Funding for
Implementing
Kherwadi
1 Education Mumbai 8,73,000 8,73,000 agency Aseema
Municipal
Charitable Trust
School

Overheads

NIL

Direct
expenditure
2 Fellows on program
in Mumbai
Support for 21 lakhs Implementing
2 Teach for Education 21,00,000 21,00,000 agency Teach For
India Fellows India
4 Fellows
in Chennai Overheads

NIL

Direct
expenditure

Due 1.39 lakhs


CSR

81
Bnp Paribas India Solutions Private Limited Standalone Financial Statements for period 01/04/2014 to 31/03/2015

3 consultancy Education Diligence 1,38,935 1,38,935 CSR consultancy


fee to EY for Teach firm - EY
For India Overheads

NIL

Total 31,11,935 31,11,935

Textual information (36)

Details of implementing agency


Details of implementing agency (ies): Aseema Charitable Trust is a Mumbai based non-governmental organization with a mission to equip
children from marginalized communities with high quality, value based education enabling development of their limitless potential. Over the past
17 years, Aseema has worked extensively with children living in slum communities in Mumbai and remote tribal communities in Igatpuri. In
Mumbai, Aseema works in partnership with the Municipal Corporation of Greater Mumbai (MCGM) to create centres of excellence within the
public education system. Aseema has adopted the English medium sections of the PaliChimbai Municipal School, Santacruz (W) Municipal
School and Kherwadi Municipal School. In each of these schools, Aseema supports the MCGM by providing teachers who are oriented to
Aseemas child friendly approach, making the learning environment stimulating and safe and creating a culture that respects the child and
promotes learning. Teach For India (TFI) is an Indian non-profit organization, which is a part of the Teach For All global movement. Through its
Fellowship program, TFI recruits qualified Indian college graduates and working professionals to serve as full-time teachers in low-income
schools for two years. Fellows work to bridge the educational gaps that their students face, in the hopes of putting their students on a
fundamentally different life path. Through the 'Teaching as Leadership' framework, Teach For India staff provides training and support to Fellows
so that they can employ innovative teaching strategies to maximize their effectiveness in the classroom. After two years of the Fellowship, the
Fellows become a part of an alumni movement. The aim of this movement is for the alumni to work from inside and outside the educational
system to affect the long-term changes necessary to realize educational opportunity for all. TFI is currently in six cities and expanding to a
seventh, impacting 23,000 children through 730 Fellows.

Textual information (37)

Disclosure responsibility statement of CSR committee that implementation and monitoring of CSR policy is in
compliance with CSR policy of company
Responsibility Statement of the CSR Committee: Declaration of responsibility: The CSR Committee of BNP Paribas India Solutions Private
Limited hereby declares that the implementation and monitoring of BNP Paribas India Solutions Private LimitedCSR Policy is in compliance
with the CSR Objectives and the Policy of the Bank. Jai Sheth DIN02944161 Chief Operating Officer & Chairman of CSR Committee K
Ramchandar DIN 06614162 Director & Member of CSR Committee

Textual information (38)

Disclosure responsibility statement of CSR committee that implementation and monitoring of CSR policy is in
compliance with CSR policy of company
Responsibility Statement of the CSR Committee: Declaration of responsibility: The CSR Committee of BNP Paribas India Solutions Private
Limited hereby declares that the implementation and monitoring of BNP Paribas India Solutions Private LimitedCSR Policy is in compliance
with the CSR Objectives and the Policy of the Bank. Jai Sheth DIN02944161 Chief Operating Officer & Chairman of CSR Committee K
Ramchandar DIN 06614162 Director & Member of CSR Committee

82

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