Financial statements as per IFRS

Infosys Technologies Limited and subsidiaries

Consolidated Balance Sheet as of March 31,

in crore, except share data

	Note	2011	2010
ASSETS
Current assets
Cash and cash equivalents	2.1	16,666	12,111
Available-for-sale financial assets	2.2	21	2,518
Investment in certificates of deposit		123	1,190
Trade receivables		4,653	3,494
Unbilled revenue		1,243	841
Derivative financial instruments	2.7	66	95
Prepayments and other current assets	2.4	917	641
Total current assets		23,689	20,890
Non-current assets
Property, plant and equipment	2.5	4,844	4,439
Goodwill	2.6	825	829
Intangible assets	2.6	48	56
Available-for-sale financial assets	2.2	23	38
Deferred income tax assets	2.17	378	346
Income tax assets	2.17	993	667
Other non-current assets	2.4	463	347
Total non-current assets		7,574	6,722
Total assets		31,263	27,612
LIABILITIES AND EQUITY
Current liabilities
Trade payables		44	10
Current income tax liabilities	2.17	817	724
Client deposits		22	8
Unearned revenue		518	531
Employee benefit obligations	2.8	140	131
Provisions	2.9	88	82
Other current liabilities	2.10	2,012	1,707
Total current liabilities		3,641	3,193
Non-current liabilities
Deferred income tax liabilities	2.17	–	114
Employee benefit obligations	2.8	259	171
Other non-current liabilities	2.10	60	61
Total liabilities		3,960	3,539
Equity
Share capital – 5 par value 60,00,00,000 equity shares authorized, issued and outstanding 57,13,17,959 and 57,09,91,592, net of 28,33,600 treasury shares each, as of March 31, 2011 and March 31, 2010, respectively		286	286
Share premium		3,082	3,047
Retained earnings		23,826	20,668
Other components of equity		109	72
Total equity attributable to equity holders of the Company		27,303	24,073
Total liabilities and equity		31,263	27,612

Note : The accompanying notes form an integral part of the consolidated financial statements.

As per our report attached
for B S R & Co.
Chartered Accountants
Firm Reg No : 101248W

Natrajh Ramakrishna Partner Membership No. 32815	N. R. Narayana Murthy Chairman and Chief Mentor	S. Gopalakrishnan Chief Executive Officer and Managing Director	S. D. Shibulal Chief Operating Officer and Director	Deepak M. Satwalekar Director
	Prof. Marti G. Subrahmanyam Director	Dr. Omkar Goswami Director	Sridar A. Iyengar Director	David L. Boyles Director
	Prof. Jeffrey S. Lehman Director	K. V. Kamath Director	R. Seshasayee Director	K. Dinesh Director
Bangalore April 15, 2011	T. V. Mohandas Pai Director	Srinath Batni Director	V. Balakrishnan Chief Financial Officer	K. Parvatheesam Company Secretary