NAME OF THE SCHOOL NAME OF THE STUDENT CLASS CBSE ROLL NO. ACADEMIC YEAR TEACHER IN CHARGE + SHARJAH INDIAN SCHOOL + DANK. JOHN 2 XIE 3 2012-2013entail : [email protected] AISSC (Class XII) Practical Examination in ACCOUNTANCY 2012-2013 CERTIFICATE Certified that the entries in this project file is the bona fide work of Master: DAN _KARIVANAMPoIKAYEL JOHN Grade: XIL&_ Roll No. Completed during the Academic Year 2012-2013 Teacher in Charge This project file was submitted for the AISSC (Class XII) Practical Examination in Accountancy conducted on / 2. ee ee i waa nl eeee} 62/ L613ACKNOWLEDGEMENT D have taken effous in this: project. Howeuer, it would nov have been passille without the kind support and help of many individuals and. organizations: D would like ta extend muy sincere thanks ta all of them. | 2 thank my Gd fov providiny me with eveuphing that 2 2 am highly indebted ta: the Ceacher in Charge Mus: Asha R. Naiv for hev guidance and constant supewisian as well as fav providing necessary infaumatian regarding the project &x also. for hov support in completing the praject. Zo a 9 the to express: nuy gratitude towards: my parents | fox theiv kind co-operation and encouragement which helped me in the completian of this project: 2 would like ta express my special gratitude and. thanks: to: industuy persans for giving me such time and attention. 7 _ My that and appreciations, also go to: my classmates in ing the praject and to the people wha have willinglyCASH FLOW STATEMENTS CASH FLOW STATEMENT OF INFOSYS LIMITEDINFOSYS LIMITED in Fore Talance Sheet av at March ST, Nate a 2011 EQUITY AND LIABILITIES SHAREHOLDERS’ FUNDS Share apt 2 237 287 29757 24.501 NON-CURRENT LIABILITIES Defer ns iii (st) 2 : ‘omer longer abies 2 21 25 3 25 CURRENT uARiLaTiES, Trade payables as os 8s ter curren bis 26 22365 170 ‘Soret provisions a 3604 273 6057 4528 385 24884 ASSETS NON-CURRENT ASSETS Fed assets Tangible assets 28 08s 4086 mune sets 28 18 Capital workin progres 538 29 760 305 Non-curentinvestnens 210 1068 1206 Defer as assets (et) 23 189 230 ‘Long-term loans and advances 21 181 thar noncuret assets 22 3 a 6985 CURRENT ASSETS, Curent msetments 9 aw us Trade ecivables 2B aan ‘Cashand cash equlens 2M 1565 ‘Shon see aas ai advances ais 2373 21867 SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS 1.82 eer Ter rar atcha fir BSRACO. Charred Acton Diem’ egiraion Number 1012481 ‘arajh Ramakrishna K.V Kamath Partner Charman Membership No, 32815, Dr, Onkar Goswami RSeshasyee \. Balarishnan Bangalore Director ond Api 3.2012 (he Financial Ofcer S.Gopalsshaan Exectve Co-Chatrman Sear A Iyengar Ann M Fade Director BG. Srinivas Director S.D. Sibu (Che Ecatve Ofer and Managing Director David, Boyles Ravi Venkatesan Diretor Ashok Vem Director Deepak M. Saale Director Prof. Jffiey S. Leman Saath Bat Director K Pavatheosim Company Secretary2 NOTESON ACCOUNTS FOR THE YEAK ENDED MARCH 31,2012 “Amounts in the fnanealstatemens ate presented in & core, escep for po share data and as otherwise stated. Certain amounts that are required tobe dsvosed and do not appear eto rounding oT ae detailed in note 2.37, All exact amount are tated with the suffix”, One erore equals 10 milion “The previous pid figures have been regrouped/ecassifid, wherever necessary to conform tothe current period presentation 21 SHARE CAPITAL in € crore, excep as otherwise sated Particulars ‘Anat March 3 2012 20 Tahoread auity shares, $5) par value 66,000,900 (60,00 ,0,000) equity shares 300 300 leew, Suber an Pai Buity shares €5/-pur value!” 27 237 $742.30 001 (57,41 51,559) equity shares fly paid-up [ofthe above, $3,53,35,478 (53,533,478) equity sare, lly paid up have ben issued as bonus shares by capitalization ofthe general eseve | 27 237, Tater are UNE ORT SOOT FOOT) © Referta ve 2.31 for dena of asic eed shares The Company has onl one cass of shares referred to as equity shares having a par value of @5. Bach holder of equity share senile to one vote per share ‘The Company declares and pays dividends in Indian rupees. The dividend proposed by the Board of Directors is subjet to the aproval of the shareholders in the ensuing Annual General Meeting The Board of Directors, in thie meting on October 12,2011, declared an interim dividend of 215 per equity share Further the Board of Directors, their meeting on Api 13,2012, peoposed a inal dividend 6722 pe equity shar anda special dividend - 10 years of Infosys BPO operation of 10 per ny share The proposal is subset tothe apooval of shareholders a the Anqual Gonoral Mecting to be held on June 9, 2012. The ttl dividend “ppopiation forthe year ended March 31,2012 amounted to 83,137 erre including corporate divided tax of 8438 crore During he year ended March 31,2011, the amount of per share dividend recognized as distbutions to equity sharcholders was 860. The dividend for the yen coed March 31, 2011 includes £20 per share of final dividend, £10 pee share f trim dividend and 30 per share of 30° year special dividend The ttl dividend appropriation forthe year ended March 31,2071 amounted to €4013 crore eluding corporate dividend tax of €868 cree In he event of iquidation ofthe Company, the holders of equity shares wil be ented to receive any ofthe remaining assets ofthe company, ater {stration of al referent amounts However, no such peferental mounts exist curently he sisoution wil be tn proportion wo we mur oF ‘equity shares hod by the sharchelders “The reconciliation of the mumer of shares oustanding and the amount of share capital sat March 31, 2012 and March 3 | 2011 is se out below Partiulars ‘Avat March 31,2012 ‘Reat Mareh 31,2011 Number ofshares Amount’ Number ofshares Amount ‘Namber of shares re beginning S151 559 BT Ty Dd: Shares ese on exerese a employes stock options 7442 zi : [Number of shares atthe end 370.001 2a, 287,Stock option plans ‘The Company has two Stock Option Plans 1998 Stck Option Pan the 1998 Plan’) The 1998 Plan was approved bythe Board of Directors in December 1997 andby the shareholders in January 1998, andi fr issue of 1,170,000 ADS representing 1,17,60.000 ey shares. Al options under the 1998 Plan ae exercisable fr ADS representing equity shares. A compensation eommitee ‘comprising independent members ofthe Board of Directors administers the 1998 Plan. Al options had been granted at 100% of fir market value, The 1998 Plan aed on January 6, 2008, snd enseauerty no further shares wl be issued 1 employees under this plan 1999 Stock Option P nthe 1999 Plan’) In fiscal 2000, the Company instituted the 1999 Plan. The shasholders andthe Roar of Divctorsapvoved the pln in September 1999, which provides forthe issue of $2800.00 equity shares tothe employees. The compensation committee administers he 1999 Plan. Options were isued to employees a tm exercise price that snot les than the fair market value. The 1999 Plan lapsed an June 11, 2009, and consequently no further shares wil be sued 10 employees under this plan “The activity inthe 1998 Plan and 1999 Pan during the year ended March 31,2012 and March 31,2011, respectively, i stout below: Parca ‘Year ended March, 2012 aor Theos Paw ‘Options outstanding, beginning oF he period 30070 240,268 Lass: Buereied 439.390, 1885675 Forfeited 80 3319) ‘Options outstanding, end af he period 50070 Options exercisable, nd ofthe period The 1999 Plan: Options outstanding, bginsing ofthe period 204 464 Less: Exerised 137692 Focoted 18052 Options outstanding, nd af the period “eno Options exercisable, end ofthe period : 0292 ‘The weighted average share price of options exercised under the 1998 Plan during the year ended March 31,2012 and March 31,2011 was %2,799 and #2950, respectively The weighted average share pice of options exercised unde the 1999 Plan during the year ended March 31, 2012 and March 31, 21 was #2702 ana 902, cespestvel. ‘he following tables summarize information aout the options outstanding under the 1998 Plan and 1999 Plan as at March 31,2012 and March 31,2011 respectively: Range of sere prices persare ®) ‘Asai March 31 2013 [Number ofshares Weighted average remaining Weighted average arising out of| ‘contract life cxeree price options (in years) (ing) Tie 1999 Pha 300-700 - IE ae 22Range of exercise pres per share ® Number ofshares Weighted average remain arising ou of ‘sat Mareh 31,2011 Weighted average ‘exercise price ‘options ‘years iS) Thee 300-700 24680 on 337 ‘mi-t 400 25,390 0.56 ™m 50,070 065 85 ‘The 1999 Pla 340-700 33,989 06s a8 701-2.500 14961 7 2,121 43720 099 962 [Ac at March 31,2012 wn March 41,2011, the Company ha 1.683 and 98.790 number of shares reserved fr issue under the 1998 and 1999 emplovee siock option plans, respectively. Most of the shares reserved for issue under the 1998 and 1999 employee stock option plans are vested and are ‘xereisable at aay point of time, excep for 4.254 shares issued under the 1999 employee stock option plan which is unvested as of March 31,2012, The ‘esting date for these 4254 shares i June 16,2012. 22. RESERVES AND SURPLUS in & crore Particulars ‘Asal March 31, 012 a Tapialvexerve- Opening balance se 34 ‘Add. Transferred fom Surplus : - = st Securities premium aceount- Opening balance 3022 |Add: Receips on exercise of employee stock options 4 Income tax benefit arising from exercise of stock options 1 UL See 30st General reserve - Opening bane 5312 4867 Ada Transferred fom Surplus 27, 85 69 SSI ‘Surplus- Opening Balance 15591 13,806 ‘Add: Net profit aller ax transfered from Statement of Profit and Loss| 8470 6483 Reserves on tansfer of assets and liabilities of Infosys Consulting ne rfer to note 2.25) is) : Amount available fr appropriation BT Tae Appropriations: Imerim dividend 862 sm 30" year special dividend 1 Special dividend - 10 yeas of Infosys BPO operations Final dividend 1.149, Tova dividend Dividend a ‘Amount ransterre to general reserve ‘Surplus Closing Balance2.3 DEFERRED TAXES Partculare Deferred tax anes Fredassets Unavailed leave Computer sorte Acer compensation to employees ters Deferred tas ais ranch profitax x0 16, 210 16 Defer tax assets and deferred i libliies have been fet wherever the Company has legaly enforceable right to se off eutent tx sets ant current tas lables and where the deferred x assets nd deferred abilities relat to ngome tes levied by the same taxation authori ‘As at March 31,2012 and March 31, 201, the Company’ has provided for branch profit ax of €270 and €176 cro, respectively, for its ‘vereus branches. asthe Company sstiiss that these branch ros Would be dlseiouted inthe foreseeable ture. Branch promt x falance increased by 222 erove during the year ended Match 31,2012 due frig cureney Actuation impact. 2.4 OTHER LONG-TERM LIABILITIES. in Corre Tareas aemOarg a Mees 2012 a Dies lant tinned among on aed ofr . ' Rental deposits received rom subs (eer to nove 2.25) 1 a sn Zevore Parties ‘Seat Mareh 3012 ai “rade orale" 68 5 i as 1 Tala dst bir (eer to note 2.28) oH 35 2.6 OTHER CURRENT LIABILITIES in Forme Particulars Raia, 2012 a “Resta alae ad ana ‘alread benefits 33 2 Bonus and incense 388 363 ter abies Provision fr expenses we 37 Retention monies 2 2 Waning and oer wses payable 456 292 Gratuity obigton-unamotsed amount relating 0 plan amendment, current Aesforta mse 128) 4 4 Other pyables 1 Advance recived rom clients 9 ‘Markstomarket los on forward and options contacts ‘Unpaid vdends 3 Ta 77 Tate to wir Tor a nate 281 -2.7 SHORT-TERM PROVISIONS in @ crore Particulars ‘Avat March 31 3017 san Provision for employes benetits Unavailed leave 379 308 Others Proposed dividend 1,837 19 Provision for ‘Tax on dividend 298 187 Income tases 136 Post-sales lien support and warranties eA S00 2a Provision for post-sles client support and warranties ‘The movement inthe provision for pos-sales client support and warranties is as follows ates Particulars Your ended Mare 3h, 2012 2017 Balance atte Beginning 78 BB Provision recognized (reversal) oo 5 Provision ails as) : Exchange difference during the period : i Balance atthe end rl 7B Provision for post sales client suppor is expected tobe uilized over a period of 6 months to 1 year.INFOSYS WimrTED Cosh Flow Statement fon Ane yeu eundid Maw 3iF 2012 _— Pontiewtors (A) Cash Flows _frven Operating _Aetutios | Prvofct belo tone Hoa Adjusters te siwovctle pif: below ton te Cos | provided by operating activdics Depruciation amet qunanttisation engurses IMtest ound. dividend Mawr frwkt oF saw of taragilte onsets Ether of ent ences 04 tnaustation of Awts amd Liahhtes let exchange differs 0M tuwstation of fnew ore (oH amd (ash Muivauils Chow in wveks anid Batlitics Tnade mcewables hoa aud Advances amd dier asses Wattles Omid prowsions Income tax paid Net Coun Srenerated ED no Aatviticn~—_ Prvttiatorw (Bd Cosh Flow hws Soc j | ph towaids A coyenddmon oe bnditcat i sWosidonis | (ou) Digosal of ‘othr invatnments | (222) Inteut amd dividend ‘Weived _i03 | Coal Fis fron tuwesting Aetvties BeBne €cceptonal Tews Dividnd iveome, mit of foxes Net Cosh Used lest Aelivities (CD Cows Flows Frroua fuawcivg Ratnttec Proceeds fom wsuawce GF Smo Crp om enienise Hs rfton | eayenent loan giver 46 Susi Dividends paid Wacludi 4 Wsidurae divin Dividrd ton paid : / Ne Cos Used in finamcing Autios Effect of cay ease wm huwslation é fu Cow A US CQUWLUGAS Net Imcuaxe/Duouase MM CoKL_ AND Cosh Equinalersts Add: Bawk balances Eales over fons Ife GusGRAPHICAL REPRESENTATION Infosys Limited- Cash Flow from various activities | Dperating Activities- | 5995 rrores. | ‘5 Investing Activities | ‘565 crores ‘Financing Actvtes- | 18557CASH FLOW STATEMENT OF WIPRO LIMITEDWIPRO LIMITED AND SUBSIDIARIES (CONDENSED CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION (in millions, except share and per share data, unless otherwise stated) “Asofareh 31, As of Sune 30, _ oes, 2012 2012 2012 USS inmaions (Cnausited) Refer nate 3 Gv assens Gosav 5 13a Tnveatmeat in eat aocounted invests 6 39 Deerred teases 56 Other nonecurent assets ° pi 220. “Total nomeurrent assets Se United revenses. 516 Corrente assets 138 (Cash and cash equivalent 5 1.077 “Total eupremt waste Sa3t TOTAL ASSETS. eeere arte ser a7o0re ae BOUY, Share capital 4917 4.920 Share prensa, 20457 20828 Retained earings 241912 aera ‘Share feed pavment reserve Lore os2 Cac componants of equity 6594 91206 ‘Shares eld by controlled ust. 12) a2 Fut niribtable to the equity holders of the company Testa 303.778 {Cong = te loans and borrowings 30 22,810 689 Pete um een 353 son Derivative hbilities B 307 2 Nonourent t Habiliy 5403 437 (ther non-cerent abies. " 3519 4593, Provisions n 29 "Total current hibits... Tops ‘Lomis and borrowings ad bank overdras 10 seas oa;200 tase ie payables and accrued expenses, a72s8 soos 16 Unewnad renee 91359 9.348 12 Chiron ee hates 3332 wast ts Derivative hibit 2 ease $790 58 Other cure i n 9i703 rato, 205 TOTAL TIABILITIE: La0.835 165.219. 21975 TOTAL EQUITY AND LIABILITIES. aaa peraen ngage ae Sera ee Sonne seasWIPRO LIMITED AND SUBSIDIARIES CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS in millions, except share and per share data, unless otherwise stated) Profit forthe period [Najustments vo reconcile profit forthe period to net cash generate from ‘Gain on sale of proper plant and equipment, net Depreciation and amortization. Exchange (aa) oss net Tnnpct of sash fave net sestinent hedging activites et {Gain on sle of investments. ne. Shave baced compensation ‘Share of iprovitslosses of eq accounted investees vider and interest ncomeyexpenses Changes in operating assets and abies: “Trade receivables Undlledrevense Othe asset “Trade payables and accrued expenses Uneared revere ‘the abilities and provisions Cash generated from operating activities before aXe. Income tes pid. net, Net cash generated from operating activi Cash flows from investing activites ‘Exponditure om property plan ad equipment and icangible set Proceed (fom sale of property plant and equipment Purchase of wailable for sale svestents Investment in inter-sorporate deposits Refuntof intrcorporate deposits Payton for business acquisitions including deposit in escrow, net of cash acauied Dividend ceed, Net cash used in vesting etiitis. ‘Cash flows from Hnancng activi Proceed fom issuance of euity shares/pending allotment Repayment of loans ad borrowings Proceeds rom loan and borrowings. Interest pido loans and borrowings Payment of cash dividend (eluding dividend ta thereon) Net cash fom / (used i) Gnaneing aetvities. ‘Net decrease in cash aed cash equivalents during the period [fet of exchange rte changes on cas and eash equivalents, ‘Cash and cs equivlents atthe end ofthe period (Note 8) “Three months ended J zn 2012 Tonveniense “Translation nto ‘USS in milions (Wanudited) 13398 15,899 286 @ ae 2ase 2708 9 ‘63, 322 G 246 an - ay aay o 197 a7 1 30964086 a (ii0) 102 2 939) 2.09) G10 6232) 07) 1984) Gs) 01226) (eo) Wa) 1e19 3,646 (38) Sy See Téi22 a3 8 ess a7 (0) ais 8 U (118687) 10,166) 1.982) - 030) @ lop.sso 82,836 1491 (6890) (3.690) 66) S100, 2.860 51 iss) 6 x20 20 606, © au398 6a) cpr) 1588) G0) 23713, 31831 S73 i227) ° eee Ses Seep 0s wears oy eee (19.613) 09,629) 633) 1 31 0899 _17202 “as ‘0320 1067(A) Mann 314 2012 a a fens nee du Gro: fomiowon z Cost Flow frist Operating Actruties Pret in the period 1S, ¢44 Adjuatwumts to aucomcile profit bela tok to mut cosh prvovided by pera dtivities Ch {wow fon paid Na WIPRO LIMITED AND Supsi DIARIES Costs Flow Stakemuurt fim Ane yar tudeel Gaim eM Sale Of properly, plamt gard equipmunt, mer (16) Depruciotion aud awwortifatiov TRY Exchange (gam) / lass, Wee 322 | Inapoct Mi fiwd/ ue ivnestnent hedging axles met.) (M) aia OM Sale of ivivesiwentt, net (2H2) | hare had vapemsaton ut Icowne ton enpense yous | Share oF cpncktry | asses OF cathy amounted inverter) 102. | Dividund amd ivkost Cuan) / expenses , nite Goa, 1M Operating aisels Gnd Lier: Tridde neckiwables (5232) Unbitked steve (43y) IMverttonis (226) Otten assets (yay nade payabts amd ocrud enparses 3 bye Oueawdl sWwowt Otter cittties aad pawviions Coss Gennated from Quoting Atticsa 0 z B) Gosh Flaw fivons lunwating Actes Enpendibume 0” povaperty, plat amd eaaipmaat and toupee : ads (2,92 truceeds from Sou of property, Plot awd tauipwwat | 62 Purchase of available ay Sale mvt {ho.164) Iwutwnt iy Asociate (30) Proveds from sate of avdvabe “fn gue invermretts $2,034 laveswennts im iter tonpunate ceposits Gbao Refund of ite Woaponate deposits (2,360) Rayment fy buses acgariatios icdudivig depast iva re vit (uh steurd (80a) tet neciaurd yuo Dividend wciewud 3ug Neb Cosh Used Investing Activtics Gi36y ) Cow fiw pot {iwamivg Acturttex | Proceeds issummme “of eauity haus} peuding aint. | 3 6 Repaymuat of Wows aud borrow kasgs) Proceed from lows aud boring | 30,631 viteut paid 94 Loaws amd bowoudtuge cay Rayment, of cosh dividend Cinduding diviturd tox texan), - Ne&b Cosh Bu /(usdian) fimancing aatinties @3) Net durease i (oth anid (Oh eauivauenrts dusting the Pouod | (14,624 ERfeer of euchamge Nak Charges Ov dh, (uh cavinatents) 1421, Cash and (bl equrivaets ad The begiai Tithe Poricd | 49,202 Casts ond (Gals Cauivalents Otte Rut facia Stow helps a gmat deal im omsusing durtomuals in the fet ty the Mit yeaa. 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