Infosys: Second Consecutive Quarter of Double Digit Growth in Constant Currency (3)

March 31, 2019 March 31, 2018 ASSETS --- Current assets --- Cash and cash equivalents 2,829 3,041 --- Current investments 958 982 --- Trade receivables 2,144 2,016 --- Unbilled revenue 777 654 --- Prepayments and other current assets 827 662 --- Income tax assets 61 --- Derivative financial instruments 48 2 --- 7,644 7,357 Assets held for sale(A3)(A4) 316 --- Total current assets 7,644 7,673 --- Non-current assets --- Property, plant and equipment 1,931 1,863 --- Goodwill 512 339 --- Intangible assets 100 38 --- Investment in associate --- Non-current investments 670 883 --- Deferred income tax assets 199 196 --- Income tax assets 914 931 --- Other non-current assets 282 332 --- Total non-current assets 4,608 4,582 --- Total assets 12,252 12,255 --- LIABILITIES AND EQUITY --- Current liabilities --- Trade payables 239 107 --- Derivative financial instruments 2 6 --- Current income tax liabilities 227 314 --- Client deposits 4 6 --- Unearned revenue 406 352 --- Employee benefit obligations 234 218 --- Provisions 83 75 --- Other current liabilities 1,498 1,036 --- 2,693 2,114 Liabilities directly associated with assets held for sale(A3)(A4) 50 --- Total current liabilities 2,693 2,164 --- Non-current liabilities --- Deferred income tax liabilities 98 82 --- Employee benefit obligations 6 7 --- Other non-current liabilities 55 42 --- Total liabilities 2,852 2,295 --- Equity --- Share capital- INR 5 ($0.16) par value 2018), respectively 4,800,000,000 (2,400,000,000) equity shares authorized, issued and outstanding 4,335,954,462 (2,173,312,301), net of 20,324,982 (10,801,956) treasury shares as at March 31, 2019 (March 31, 339 190 --- Share premium 277 247 --- Retained earnings 11,248 11,587 --- Cash flow hedge reserve 3 --- Other reserves 384 244 --- Capital redemption reserve 10 9 --- Other components of equity (2,870) (2,317) --- Total equity attributable to equity holders of the company 9,391 9,960 --- Non-controlling interests 9 --- Total equity 9,400 9,960 --- Total liabilities and equity 12,252 12,255 ---

Infosys Limited and subsidiaries

Audited Condensed Consolidated Statement of Comprehensive Income for the

(Dollars in millions except equity share and per equity share data)

(CONTINUA)