Infosys

IT tycoon
N. R.
Narayan
Vision
"To be a globally respected corporation that provides best-of-
breed business solutions, leveraging technology, delivered by
best-in-class people."
Mission
"To achieve our objectives in an environment of fairness, honesty,
and courtesy towards our clients, employees, vendors and society
at large."
Values
We believe that the softest pillow is a clear conscience. The
values that drive us underscore our commitment to:
•Customer Delight: To surpass customer expectations
consistently
•Leadership by Example: To set standards in our business and
transactions and be an exemplar for the industry and ourselves
•Integrity and Transparency: To be ethical, sincere and open in all
our transactions
•Fairness: To be objective and transaction-oriented, and thereby
earn trust and respect
•Pursuit of Excellence: To strive relentlessly, constantly improve
ourselves, our teams, our services and products to become the
best
Methodology
: How did Infosys go about identifying Asia's top 200 companies?

But Infosys is also in the throes of a storm gripping the wider Indian
tech sector. The flagship industry of "New India," which only a few
years ago was growing at upwards of 40% a year, has hit a brick
wall. The recession in the U.S., home to the majority of Infosys' now
customers, has meant smaller deals, fewer renewed contracts and
dimmer prospects.
CONSOLIATED BALANCE SHEET
OF INFOSYS TECHNOLOGIES
LIMITED

(in Rs. Crores)

Particulars June30,09 Mar. 31,09
     
SOURCES OF FUND    
SHAREHOLDER FUND    
Share Capital 278 286
Reserves & Surplus 19550 17968
  19837 18254
MINORITY INTREST - -
  19837 18254
     
APPLICATION OF FUND    
FIXED ASSETS    
Original Cost 7359 7093
Less:Accumulated Depriciation & Armotization 2637 2416

Net book value 4722 4677

Add : Capital Work-in-progress 557 677
  5279 5354
INVESTMENT 1152 -
DEFERRED TAX 135 126
CURRENT ASSET,LOAN & ADVANCES    
Sundry Debtors 3417 3672
Cash & Bank balance 9578 9695
Loan & Advances 3489 3279
  16484 16646
LESS:CURRENT LIABILITIES & PROVISIONS    

Current Liabilities 2010 2004

Provisons 1203 1860
NET CUEERNT ASSET 13271 12774
  19837 18254
     
 COMMENTS:
SOURCES OF FUNDS
OWN FUND:
•In case of infosys ltd. own fund consist of eqity
share capital which was not increased indicated that
no new issue of equity share capital
•Reserve and surpluses of infosys ltd increases
because of maybe highly profitability as compared to
last quarter.
LOAN FUND
There was no loan fund in both the quarter
which indicate that company totally reline on own
fund and not on debt sources to raise the capital. This
debt-equity combination will boost confidence into
share holders
Overall sources of fund increased by 8.67% as
compared to last quarter
APPLICATION OF FUND

Fixed Asset :
In case of Application of funds company has
not done any significant changes in Fixed
Asset.
Investments :
Infosys Ltd. didn’t have any investment in last
quarter but in June quarter company has purchased
additional long term investments of Rs. 1152 crores
due to which investments has increased .
Net Working Capital :
The Net Working Capital shows an increase by 3.9%
which increases by Rs. 497 crores over the previous
quarter.
CONSOLIATED REVENUE STATEMENT
OF INFOSYS TECHNOLOGIES Ltd.

(in Rs. Crores)

 Particulars 30-Jun-09 31-Mar-09
Income from software services, products and business process 5,472 4,854
management
Software development and business process management expenses 2,915 2,754

GROSS PROFIT 2,557 2,100

Selling and marketing expenses 261 257

General and administration expenses 428 364

  689 621
OPERATING PROFIT BEFORE DEPRECIATION AND MINORITY 1,868 1,479
INTEREST
Depreciation 222 169

OPERATING PROFIT BEFORE TAX AND MINORITY INTEREST 1646 1310

Other income, net 269 117

NET PROFIT BEFORE TAX AND MINORITY INTEREST 1915 1427

Provision for taxation 388 125

NET PROFIT AFTER TAX AND BEFORE MINORITY INTEREST 1527 1302

Minority interest - -

NET PROFIT AFTER TAX AND MINORITY INTEREST 1,527 1302

Balance Brought Forward 10,560 6,828

Less: Residual dividend paid - 1

  10,560 6827

Balance in profit and loss account 12,087 8129

  12,087 8129