AuvAnCLu llnAnClAL MAnACLMLn1

ro[ecL on
CaplLal SLrucLure of oracle flnanclal servlces
sofLware lLd

8ohlL 8 uandavaLe
2010048

S?MMS (llnAnCL)
SLM 3

Su8Ml11Lu 1C
rof 8haraL CupLa




Company prof||e Cracle llnanclal Servlces SofLware (ClSSL) was lncorporaLed ln SepLember
2008 and ls engaged ln provldlng producLs and servlces Lo flnanclal lndusLry uurlng lLs lncorporaLlon lL
was named as ClLlcorp lnformaLlon 1echnology lndusLrles and laLer ln March 2000 Lhe name was
changed Lo lflex SoluLlons
Cracle CorporaLlon holds 81 of sLake ln Lhe company Cracle ls Lhe largesL enLerprlse company more
Lhan 8300 flnanclal servlces cusLomers spread across 143 counLrles
1he company operaLes four subsldlarles namely lflex soluLlons lnc ln Lhe uSA lflex soluLlons bv ln Lhe
neLherlands lflex soluLlons pLe ln Slngapore and lSL ln lndla 1hrough Lhese subsldlarles lL ls able Lo
achleve sLrong presence ln areas of sales and markeLlng ln over 27 locaLlons
1he company has 14 developmenL cenLres locaLed ln lndla Slngapore and uSA
ClSSL has alllance parLnershlp wlLh lndusLry leaders llke PewleLL ackard l8M lnLel MlcrosofL and Sun
MlcrosysLems


roducts and serv|ces
ClSSL offers a range of soluLlons LhaL caLer Lo segmenLs llke caplLal markeLs compllance corporaLe
banklng C8M lslamlc banklng lnsurance prlvaLe banklng reLall banklng and rlsk managemenL
1he company has successfully developed producLs llke lLLxCu8L rlme Sourclng 8eveleus lflex
consulLlng ManLas lnsure lflex 8C are among oLhers
Awards and recogn|t|on
1he company was ranked as one of Lhe Asla's PoL CrowLh Companles 2007" by 8uslness Week
lflex 8C was honoured wlLh Lhe nASSCCM Lxcellence ln Cender lncluslvlLy 8esL Lmerglng
Company" award
Cut|ook
ClSSL has lnLroduced new verslon of Cracle(8) 8eveleus MarkeL 8lsk 1hls soluLlon wlll help flnanclal
servlces lnsLlLuLlons achleve accuraLe assessmenL of Lhe relaLlonshlp beLween exlsLlng caplLal and rlsk
level















O ln Lhls acLual balance sheeL neLworLh ls 100bacuse Lhere ls no debL
O Pere uebL/equlLy raLlo ls 0
O AcLual 8Cl 8aLlo ln acLual balance sheeL ls 1880
O AcLual 8CCL raLlo ls 1880 and PypoLheLlcal 8CCL 8aLlo ls 1910
O ln PypoLheLlcal balance sheeL neL worLh ls 60 and debL ls 40
O hypoLheLlcal debL/equlLy raLlo ls 6666
O PypoLheLlcal 8Cl 8aLlo ln PypoLheLlcal balance sheeL ls 1430

C8SL8vA1lCn
O ln acLual balance sheeL Lhere ls nll lnLeresL because of no debL
O AcLual LS ls rs 11338
O PypoLhlcal lnLeresL amounL ls 8s 24722 crore because of 40 debL ln caplLal employed
O PypoLheLlcal LS ls rs 14633



AC1UAL 8ALANCL SnLL1
8a|ance Sheet of Crac|e I|nanc|a| Serv|ces
Software
|n ks Cr

Mar 11


12 mths

Sources Cf Iunds

1ota| Share Cap|ta| 419S

Lqu|ty Share Cap|ta| 419S

Share App||cat|on Money 008

reference Share Cap|ta| 000

keserves S10831

keva|uat|on keserves 000

Networth S1S034

Secured Loans 000

Unsecured Loans 000

1ota| Debt 000

1ota| L|ab|||t|es S1S034



12 mths
App||cat|on Cf Iunds

Gross 8|ock S9872

Less Accum Deprec|at|on 28976

Net 8|ock 30896

Cap|ta| Work |n rogress 6397

nvestments 72924

nventor|es 000

Sundry Debtors 77010

Cash and 8ank 8a|ance 2S3803

1ota| Current Assets 330813

Loans and Advances 141230

I|xed Depos|ts 000

1ota| CA Loans Advances 472043

Deffered Cred|t 000

Current L|ab|||t|es S7819

rov|s|ons 9407

1ota| CL rov|s|ons 67226

Net Current Assets 404817

M|sce||aneous Lxpenses 000

1ota| Assets S1S034











CCNCLUSCN
1o conc|ude the recommended cap|ta| structure he|ps to
|ncrease the earn|ng per share by rs 30
And kCCL |s |ncreased from 1880 to 1910 due to the tax
reduct|on and kC has reduced from 1880 to 1430 as the
prof|t after tax reduced nypothet|ca| cap|ta| structure |s
recommended to the company