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Shaping the future of software driven business
Consolidated Financials •
243
Notes forming part of consolidated financial statements (Contd.)
Particulars
Technology
Services
Alliance Accelerite
(Products)
Total
Segmental trade receivables
As at
Mar-31-2019 3,547.07
1,021.77
354.17
4,923.01
As at
Mar-31-2018
3,675.96
740.27
431.17
4,847.40
Unallocated assets
As at
Mar-31-2019
-
-
-
23,632.98
As at
Mar-31-2018
-
-
-
21,860.73
Segregation of assets (other than trade receivables), liabilities, depreciation and amortization and other non-cash expenses
into various reportable segments have not been presented as the assets are used interchangeably between segments and the
Group is of the view that it is not practical to reasonably allocate the other assets, liabilities and other non-cash expenses to
individual segments and an ad-hoc allocation will not be meaningful.
Geographical Information
The following table shows the distribution of the Group’s consolidated sales by geographical market regardless of from where
the services were rendered
(In
`
Million)
Particulars
India North America
Rest of the World
Total
Revenue
Year ended Mar-31-2019 2,349.29
27,507.46
3,802.66 33,659.41
Year ended Mar-31-2018
1,910.67
25,336.90
3,089.46
30,337.03
The revenue from a single customer in excess of ten percent of total revenue of the Group is
`
8,079.32 million for the year
ended March 31, 2019. (previous year :
`
7,852.92 million).
32. Income taxes
The reconciliation of estimated income tax expense at Indian statutory income tax rate to income tax expense reported
in statement of profit and loss is as follows:
For the year ended
March 31, 2019
In
`
Million
March 31, 2018
In
`
Million
Profit before tax
4,863.39
4,292.61
Enacted tax rate in India
34.94%
34.61%
Computed tax expense at enacted tax rate
1,699.46
1,485.59
Effect of exempt income
(176.56)
(122.20)
Effect of non-deductible expenses
205.58
13.61
Effect of concessions (R&D allowance)
(56.00)
(173.87)
Effect of concessions (Tax holidays)
(233.82)
(259.13)
Effect of unused tax losses not recognised as deferred tax assets
26.64
78.46
Effect of previously unrecognised deferred tax assets now recognised
(18.44)
(2.51)
Effect of different tax rates of subsidiaries operating in other jurisdictions
(13.78)
(16.13)
Effect of different tax rates for different heads of income
(30.69)
(6.86)
Effect of change in tax rates in US geography
-
22.14
Excess Tax Provision reversal (net)
88.81
(71.19)
Others
(144.60)
113.82
Income tax expense
1,346.60
1,061.73