Abridged financial statements

Statement containing salient features of Balance Sheet as per Section 219 (1) (b) (iv) of the Companies Act, 1956

Abridged Balance Sheet

as at March 31,

in crore

	2011	2010
I. SOURCES OF FUNDS
1. SHAREHOLDERS’ FUNDS
(a) Capital
(i) Equity capital	287	287
(b) Reserves and surplus
(i) Capital reserve	54	54
(ii) Share premium account	3,057	3,022
(iii) Revenue reserve	5,512	4,867
(iv) Surplus in Profit and Loss account	15,591	13,806
	24,501	22,036
2. DEFERRED TAX LIABILITIES	176	232
3. LOAN FUNDS	–	–
TOTAL OF (1) TO (3)	24,677	22,268
II. APPLICATION OF FUNDS
1. FIXED ASSETS
(a) Net block (original cost less depreciation)	4,056	3,779
(b) Capital work-in-progress	499	409
	4,555	4,188
2. INVESTMENTS
(a) Investment in subsidiary companies – unquoted	1,202	1,125
(b) Others – unquoted	123	3,501
	1,325	4,626
3. DEFERRED TAX ASSETS	406	313
4. (I) CURRENT ASSETS, LOANS AND ADVANCES
(a) Sundry debtors	4,212	3,244
(b) Cash and bank balances	13,665	9,797
(c) Loans and advances
(i) To subsidiary companies	32	46
(ii) To others	4,835	3,852
	22,744	16,939
(II) LESS : CURRENT LIABILITIES AND PROVISIONS
(a) Liabilities	1,880	1,763
(b) Provisions	2,473	2,035
NET CURRENT ASSETS (I-II)	18,391	13,141
TOTAL OF (1) TO (4)	24,677	22,268

As per our report attached

for B S R & Co.
Chartered Accountants

Firm’s registration number : 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