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• Annual Report 2018-19
Shaping the future of software driven business
Notes forming part of consolidated financial statements (Contd.)
Changes in Unearned revenue are as follows:
Particulars
In
`
Million
Balance at the beginning of the year
921.10
Revenue recognised during the year
(2,454.18)
Increase due to invoicing during the year, not recognised as revenue during the year
2,319.24
Exchange difference
55.92
Balance at the end of the year
842.08
In respect of the contracts wherein the transaction price is in the form of revenue share, the estimated revenue for the customer
is considered based on the historical trends and management judgment with respect to customer business. The amount of this
category of revenue included in the total revenue for the year is
`
1,059.07 million.
26. Other income
For the year ended
March 31, 2019
In
`
Million
March 31, 2018
In
`
Million
Interest income
On financial assets carried at amortised cost
103.10
47.87
On others
184.62
113.67
Foreign exchange gain (net)
-
586.31
Profit on sale of fixed assets (net)
4.02
2.40
Dividend income from investments
180.77
171.25
Profit on sale of investments (net)
366.09
186.84
Net gain/(loss) arising on financial assets designated as at FVTPL
(68.92)
(18.92)
Excess provision in respect of earlier years written back
33.89
18.19
Advances written back
-
23.76
Miscellaneous income
72.98
59.64
876.55
1,191.01
27. Personnel expenses
For the year ended
March 31, 2019
In
`
Million
March 31, 2018
In
`
Million
27.1 Employee benefits expense
Salaries, wages and bonus
18,000.86
17,190.37
Contribution to provident fund
384.78
346.56
Gratuity expenses (refer note 30)
155.45
167.78
Defined contribution to other funds
216.89
158.08
Staff welfare and benefits
491.55
449.87
Employee stock compensation expenses (refer note 37d)
-
3.80
19,249.53
18,316.46
27.2 Cost of professionals
3,490.45
3,180.63
22,739.98
21,497.09