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• Annual Report 2018-19
Shaping the future of software driven business
Notes
As at
As at
March 31, 2019
March 31, 2018
In
`
Million
In
`
Million
ASSETS
Non-current assets
Property, Plant and Equipment
6.1
2,331.24
2,581.30
Capital work-in-progress
12.10
7.71
Goodwill
6.2
81.24
76.61
Other Intangible assets
6.3
1,595.41
2,463.54
Intangible assets under development
303.54
44.72
4,323.53
5,173.88
Financial assets
- Investments
7
4,345.71
2,881.04
- Loans
8
164.00
142.73
- Other non-current financial assets
9
349.29
37.43
Deferred tax assets (net)
10
405.05
642.01
Other non-current assets
11
68.31
91.57
9,655.89
8,968.66
Current assets
Financial assets
- Investments
12
3,295.53
5,916.31
- Trade receivables (net)
13
4,923.01
4,847.40
- Cash and cash equivalents
14
1,739.45
1,343.72
- Other bank balances
15
4,984.39
1,070.25
- Loans
16
7.87
6.63
- Other current financial assets
17
2,377.00
2,758.25
Current tax assets (net)
185.06
233.50
Other current assets
18
1,387.79
1,563.41
18,900.10
17,739.47
TOTAL
28,555.99
26,708.13
EQUITY AND LIABILITIES
EQUITY
Equity share capital
5
791.19
800.00
Other equity
22,655.61
20,471.99
23,446.80
21,271.99
LIABILITIES
Non- current liabilities
Financial liabilities
- Borrowings
19
11.97
16.55
Provisions
20
252.80
159.75
Deferred tax liabilities (net)
10
-
270.41
264.77
446.71
Current liabilities
Financial liabilities
- Trade payables [(dues of micro and small enterprises:
`
15.63 million
(Previous year:
`
3.03 million)]
21
1,517.07
1,673.08
- Other financial liabilities
22
441.93
396.33
Other current liabilities
23
1,124.27
1,201.02
Provisions
24
1,686.35
1,599.49
Current tax liabilities (net)
74.80
119.51
4,844.42
4,989.43
TOTAL
28,555.99
26,708.13
Summary of significant accounting policies
4
Consolidated Balance Sheet as at March 31, 2019
The accompanying notes are an integral part of the consolidated financial statements.
As per our report of even date
For Deloitte Haskins & Sells LLP
For and on behalf of the Board of Directors of
Chartered Accountants
Persistent Systems Limited
ICAI Firm registration no. 117366W/W-100018
Hemant M. Joshi
Dr. Anand Deshpande
Kiran Umrootkar
Partner
Chairman and Managing Director
Director
Membership no. 038019
DIN: 00005721
DIN: 00326672
Sunil Sapre
Amit Atre
Executive Director and
Company Secretary
Chief Financial Officer
Membership No. A20507
DIN: 06475949
Place: Pune
Place: Pune
Date: April 27, 2019
Date: April 27, 2019