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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
5.1
2,130.26
2,323.88
Capital work-in-progress
11.81
7.32
Other Intangible assets
5.2
83.86
117.48
Intangible assets under development
60.32
7.44
2,286.25
2,456.12
Financial assets
- Investments
6
7,544.01
5,504.85
- Loans
7
116.01
945.81
- Other non current financial assets
8
428.01
37.43
Deferred tax assets (net)
9
55.56
31.68
Other non-current assets
10
68.35
64.00
10,498.19
9,039.89
Current assets
Financial assets
- Investments
11
3,295.53
5,916.31
- Trade receivables (net)
12
2,429.85
3,425.07
- Cash and cash equivalents
13
565.12
305.27
- Other bank balances
14
4,654.22
876.62
- Loans
15
6.63
4.47
- Other current financial assets
16
2,195.74
1,847.70
Other current assets
17
1,243.44
1,374.62
14,390.53
13,750.06
TOTAL
24,888.72
22,789.95
EQUITY AND LIABILITIES
EQUITY
Equity share capital
4
791.19
800.00
Other equity
21,420.71
19,732.04
22,211.90
20,532.04
LIABILITIES
Non- current liabilities
Financial liabilities
- Borrowings
18
11.97
16.55
Provisions
19
158.46
143.37
170.43
159.92
Current liabilities
Financial liabilities
- Trade payables [(dues of micro and small enterprises:
`
15.63 million
(Previous year:
`
3.03 million)]
20
1,019.07
716.73
- Other financial liabilities
21
140.00
290.86
Other current liabilities
22
630.28
562.83
Provisions
23
664.11
428.03
Current tax liabilities (net)
52.93
99.54
2,506.39
2,097.99
TOTAL
24,888.72
22,789.95
Summary of significant accounting policies
3
Balance Sheet as at March 31, 2019
The accompanying notes are an integral part of the 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