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• Annual Report 2018-19
Shaping the future of software driven business
(In
`
Million)
Particulars
Reserves and surplus
Items of other
comprehensive income
Securities
premium
General
reserve
Share
options
outstanding
reserve
Gain on
bargain
purchase
Capital
redemption
reserve
Special
Economic
Zone
re-investment
reserve
Retained
earnings
Effective
portion of
cash flow
hedges
Exchange
differences on
translating
the financial
statements
of foreign
operations
Total
Balance as at April 1, 2017
1,336.70
7,837.40
187.12
24.25
-
- 8,525.07 208.44
73.65
18,192.63
Net profit for the year
-
-
-
-
-
- 3,230.88
-
-
3,230.88
Other comprehensive income
for the year
-
-
-
-
-
-
106.88
(191.81)
77.70
(7.23)
Dividend
-
-
-
-
-
- (800.00)
-
-
(800.00)
Tax on dividend
-
-
-
-
-
-
(150.23)
-
-
(150.23)
Transfer to general reserve
-
1,368.47
-
-
-
- (1,368.47)
-
-
-
Employee stock compensation
expenses
-
-
3.80
-
-
-
-
-
-
3.80
Adjustments towards
employees stock options
-
100.40
(100.40)
-
-
-
-
-
-
-
Other changes during the year
-
-
-
2.14
-
-
-
-
-
2.14
Balance as at March 31, 2018 1,336.70 9,306.27
90.52 26.39
-
- 9,544.13
16.63
151.35 20,471.99
Summary of significant accounting policies - Refer note 4
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