Indian GAAP | US GAAP
Balance sheets
INFOSYS TECHNOLOGIES LIMITED
| September 30, 2000 | September 30, 1999 | March 31, 2000 | |
|---|---|---|---|
| ASSETS CURRENT ASSETS | (Unaudited) | (Unaudited) | (Audited) |
| Cash and cash equivalents | $ 116,475,448 | $ 104,131,114 | $ 116,599,486 |
| Trade accounts receivable, net of allowances | 52,826,967 | 30,626,659 | 31,233,515 |
| Prepaid expenses and other current assets | 13,255,567 | 7,482,365 | 11,256,295 |
| Total current assets | 182,557,982 | 142,240,138 | 159,089,296 |
| Property, plant and equipment - net | 79,371,264 | 32,221,795 | 47,554,772 |
| Deferred income taxes | 2,877,129 | 1,350,849 | 2,566,266 |
| Investments | 8,270,443 | 177,938 | 3,177,938 |
| Other assets | 6,809,063 | 5,225,443 | 6,894,598 |
| Total assets | $ 279,885,881 | $ 181,216,163 | $ 219,282,870 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | |||
| Current Liabilities | |||
| Accounts payable | $ 44,587 | $ 52,663 | $ 976,840 |
| Client deposits | 2,061,910 | 88,642 | 425,724 |
| Other accrued liabilities | 16,076,816 | 10,694,035 | 13,835,635 |
| Income taxes payable | 2,355,740 | 1,763,189 | 1,878,977 |
| Unearned revenue | 15,971,299 | 6,368,878 | 4,029,173 |
| Total current liabilities | 36,510,352 | 18,967,407 | 12,146,349 |
| Stockholders' Equity | |||
| Common stock, $ 0.16 par value; 100,000,000 equity shares authorized, Issued and outstanding - 66,151,367, 66,138,800 and 66,150,700 as of September 30, 2000, September 30, 1999 and March 31, 2000 | 8,593,585 | 8,592,137 | 8,593,510 |
| Additional paid-in-capital | 121,529,268 | 121,403,339 | 121,506,726 |
| Accumulated other comprehensive income | (26,112,795) | (14,033,267) | (14,137,933) |
| Deferred stock compensation | (15,047,221) | (20,173,346) | (17,598,813) |
| Retained earnings | 154,412,692 | 66,459,893 | 99,773,031 |
| Total stockholders’ equity | 243,375,529 | 162,248,756 | 198,136,521 |
| Total liabilities and stockholders’ equity | $ 279,885,881 | $ 181,216,163 | $ 219,282,870 |
