Additional information

Employee strength and revenue growth since 1996

Fiscal	Employees	Growth %	IFRS (US$ million)⁽¹⁾				IFRS (crore)⁽²⁾
			Revenues	Growth %	Net Income⁽²⁾	Growth %	Income	Growth %	PAT	Growth %
1996	1,172	30	27	47	7	72	89	60	21	58
1997	1,705	45	40	49	9	27	139	57	34	60
1998	2,605	53	68	73	(3) 13	60	258	85	60	79
1999	3,766	45	121	77	(3) 30	119	509	98	133	120
2000	5,389	43	203	68	61	102	882	73	286	115
2001	9,831	82	414	103	132	115	1,901	115	623	118
2002	10,738	9	545	32	164	25	2,604	37	808	30
2003	15,876	48	754	38	195	18	3,640	40	955	18
2004	25,634	61	1,063	41	270	39	4,853	33	1,244	30
2005	36,750	43	1,592	50	419	55	7,130	47	1,846	48
2006	52,715	43	2,152	35	555	32	9,521	34	2,458	33
2007	72,241	37	3,090	44	850	53	13,893	46	3,850	57
2008	91,187	26	4,176	35	1,155	36	16,692	20	4,659	21
2009	1,04,850	15	4,663	12	1,281	11	21,693	30	5,975	28
2010	1,13,796	9	4,804	3	1,313	2	22,742	5	6,219	4
2011	1,30,820	15	6,041	26	1,499	14	27,501	21	6,823	10
5-year CAGR	20		23		22		24		23

⁽¹⁾	The data for the year 2007 and prior years is as per U.S. GAAP.
⁽²⁾	The data for the year 2008 and prior years is as per consolidated Indian GAAP.
⁽³⁾	Excludes a one-time deferred stock compensation expense arising from a stock split amounting to US$ 13 million and US$ 2 million in fiscal 1999 and 1998 respectively.

Employee strength of the Infosys group

	2011		2010
Functional classification
Software professionals	1,23,811	94.6%	1,06,864	93.9%
Sales and support	7,009	5.4%	6,932	6.1%
	1,30,820	100.0%	1,13,796	100.0%
Gender
Male	86,604	66.2%	75,674	66.5%
Female	44,216	33.8%	38,122	33.5%
	1,30,820	100.0%	1,13,796	100.0%
Age profile
20 – 25	59,897	45.8%	55,334	48.6%
26 – 30	45,182	34.5%	38,162	33.5%
31 – 40	23,021	17.6%	18,208	16.0%
41 – 50	2,219	1.7%	1,729	1.5%
51 – 60	452	0.3%	333	0.4%
60 and above	49	0.1%	30	–
	1,30,820	100.0%	1,13,796	100.0%

Software development centers of the Infosys group

We have 63 global development centers of which 30 are in India – nine in Bangalore, four each in Chennai and Pune, three in Mangalore, two each in Bhubaneswar, Chandigarh and Thiruvananthapuram, and one each in New Delhi, Hyderabad, Jaipur and Mysore. We have a global development center in Toronto, Canada. In addition, we have eleven proximity development centers in the United States – Fremont, Quincy, Lisle, Bridgewater, Phoenix, Plano, Atlanta, Charlotte, Houston, Hartford and Bentonville; six in China; three in Australia; two each in Mexico and United Kingdom; and one each in Czech Republic, Japan (Tokyo), Mauritius, Poland, Philippines, Singapore, France and Brazil. Infosys BPO Limited, Infosys Australia, Infosys China, Infosys Shanghai, Infosys Consulting, Infosys Mexico, Infosys Sweden, Infosys Brasil and Infosys Public Services are our
wholly-owned subsidiaries.

Marketing offices of the Infosys group

We have 64 marketing offices around the world of which 60 are located outside India – 19 in the United States, four each in Australia and Germany, three each in Switzerland, U.A.E. and the U.K., two each in Canada, Czech Republic and France and one each in Belgium, Denmark, Finland, Hong Kong, Ireland, Japan, Norway, Spain, Sweden, Greece, The Netherlands, Mauritius, Mexico, Brazil, Russia, New Zealand, Singapore, and Malaysia. Addresses of offices are provided in the Global presence section of the Annual Report.

American Depositary Share (ADS)

About ADS

An American Depositary Share (ADS) is a negotiable certificate evidencing ownership of an outstanding class of stock in a non-U.S. company. ADSs are created when ordinary shares are delivered to a custodian bank in the domestic market, which then instructs a depositary bank in the United States to issue ADSs based on a predetermined ratio. ADSs are SEC-registered securities and may trade freely, just like any other security, either on an exchange or in the over-the-counter market.

Difference between an ADS and a GDR

ADSs and Global Depositary Receipts (GDRs) have the same functionality – they both evidence ownership of foreign securities deposited with a custodian bank. ADSs represent securities that are listed in the United States, while GDRs represent securities listed outside the United States, typically in the United Kingdom.

Voting rights of ADS holders

In the event of a matter submitted to the holders of ordinary shares for a vote, the ADS holders on record as at a particular date will be allowed to instruct the depositary bank to exercise the vote with respect to the equity shares representing the ADSs held by them.

Entitlement to cash dividends

Whenever dividends are paid to ordinary shareholders, cash dividends to ADS holders are declared in local currency and paid in U.S. dollars, based on the prevailing exchange rate, by the depositary bank, net of the depositary’s fees and expenses.

Disclosure policy

We have a written disclosure policy, which covers interaction with external constituents such as analysts, fund managers and the media.