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Shaping the future of software driven business
Consolidated Financials •
211
The share of subsidiaries in the consolidated net assets, consolidated profit or loss and consolidated other comprehensive income is as follows:
Name of the Company
Share in Net assets
Share in Profit or (loss)
Share in Other
Comprehensive Income
(OCI)
Share in Total Comprehensive
Income
As a % of
consolidated
net assets
Amount
(
`
million)
As a % of
consolidated
profit
Amount
(
`
million)
As a % of
consolidated
OCI
Amount
(
`
million)
As a % of
consolidated Total
Comprehensive
Income
Amount
(
`
million)
Parent Company:
Persistent Systems Limited
91.95 18,805.48
184.77 3,150.08
97.79
118.60
178.99 3,268.68
Foreign subsidiaries:
Persistent Systems, Inc.
11.49 2,349.05
(10.25)
(174.76)
-
-
(9.57)
(174.76)
Persistent Systems Pte. Ltd.
1.36
277.43
0.69
11.80
-
-
0.65
11.80
Persistent Systems France SAS
0.80
162.71
2.54
43.37
-
-
2.37
43.37
Persistent Telecom Solutions Inc.
(1.10)
(225.16)
1.44
24.60
-
-
1.35
24.60
Persistent Systems Malaysia Sdn. Bhd.
1.72
351.36
7.24
123.41
-
-
6.76
123.41
Akshat Corporation (d.b.a. RGen Solutions)
-
-
(0.05)
(0.92)
-
-
(0.05)
(0.92)
Aepona Holdings Limited
-
-
-
-
-
-
-
-
Aepona Group Limited
(6.56)
(1,341.96)
(79.82) (1,360.89)
-
-
(74.52)
(1,360.89)
Aepona Limited
(2.11)
(431.09)
(5.68)
(96.85)
-
-
(5.30)
(96.85)
Valista Limited
1.20 245.48
0.88
14.96
-
-
0.82
14.96
Persistent Systems Lanka (Private) Limited
0.68
139.78
2.03
34.61
2.21
2.68
2.04
37.29
Persistent Systems Israel Ltd.
0.55
111.90
1.65
28.11
-
-
1.54
28.11
Persistent Systems Mexico, S.A. de C.V.
(0.06)
(11.78)
(1.31)
(22.29)
-
-
(1.22)
(22.29)
Persistent Systems Germany GmbH
0.06
11.87
(0.89)
(15.19)
-
-
(0.83)
(15.19)
PARX Werk AG
0.28
56.36
0.88
15.00
-
-
0.82
15.00
PARX Consulting GmbH
(0.20)
(39.70)
(3.51)
(59.88)
-
-
(3.28)
(59.88)
Herald Technologies Inc
(0.06)
(10.09)
(0.61)
(10.29)
-
-
(0.57)
(10.29)
Subtotal
100.00% 20,451.64 100.00% 1,704.87 100.00% 121.28
100.00% 1,826.15
Associate:
Klisma e-Services Private Limited
-
-
-
-
-
-
-
-
FCTR
113.82
113.82
Consolidation adjustments
2,995.16
Amortization of Intangibles recognized on
Business Combination
(106.74)
(106.74)
Adjustment for eliminating margin on cost
transfer for capitalization
13.83
13.83
DTA on items recognised on consolidation
1.96
1.96
Dividend from subsidiaries
(211.49)
(211.49)
Others
2,114.36
2,114.36
Total
23,446.80
3,516.79
235.10
3,751.89
Notes forming part of consolidated financial statements (Contd.)