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Annual Report 2008-0911) The useful life of computer equipment of the Company has been reviewed by the management and the originalestimate of the useful life of these assets has been revised to four years. The unamortised depreciable amount ischarged over the revised remaining useful life of these assets. Consequently, depreciation for the year ended March31, 2009 is lower and the profit before tax for the period is higher by Rs. 181.96 crores.12) Segment ReportingThe Company has identified geographic segments as its primary segment and industry segments as its secondarysegment.Geographic segments of the Company are Americas, Europe, India and Others.Secondary segments of the Company are Banking, Financial Services and Insurance (BFSI), which are considered assingle segment, Manufacturing, Retail and Distribution, Telecom and Others. Others comprise Transportation, LifeSciences and Healthcare, Energy and Utilities, s-Governance, Media and Entertainment, Travel and Hospitality servicesand sale of products.Revenue and expense directly attributable to segments are reported under each reportable segment. Expenses incurredin India on behalf of other segments and not directly identifiable to each reportable segment have been allocated toeach segment on the basis of associated revenues of each segment. All other expenses which are not attributable orallocable to segments have been disclosed as unallocable expenses.Assets and liabilities that are directly attributable to segments are disclosed under each reportable segment. All otherassets and liabilities are disclosed as unallocable. Fixed assets have not been allocated to primary and secondary segmentsas these are used interchangeably between segments.Year ended March 31, 2009Particulars Geographic Segment (Rs. in crores)Americas Europe India Others TotalRevenue 12717.81 6487.58 1710.98 1487.63 22404.0010242.35 5331.79 1590.47 1125.24 18289.85Identified operating expenses 7262.26 3457.88 1328.26 914.73 12963.135831.69 2713.96 1169.41 698.40 10413.46Allocated expenses 1423.19 683.53 248.29 182.33 2537.341388.85 758.33 191.93 113.60 2452.71Segment result 4032.36 2346.17 134.43 390.57 6903.533021.81 1859.50 229.13 313.24 5423.68Unallocable expenses (net) 1307.601109.64Operating income 5595.934314.04Other income, (net) (456.24)689.82Profit before taxes 5139.695003.86Tax expense 443.48495.10Net profit for the year 4696.214508.76As at March 31, 2009Americas Europe India Others TotalSegment assets 910.13 2002.84 1700.79 954.84 5568.601370.16 1985.14 1380.21 739.32 5474.83Unallocable assets 12972.439241.28Total assets 18541.0314716.11140
Particulars Geographic Segment (Rs. in crores)Americas Europe India Others TotalSegment liabilities 1283.73 751.22 666.99 253.50 2955.441180.85 701.67 375.98 213.95 2472.45Unallocable liabilities 2139.341238.85Total liabilities 5094.783711.30Other informationCapital expenditure (unallocable) 978.581075.76Depreciation (unallocable) 417.46458.78Other significant non cashexpenses (allocable) 14.83 17.16 13.25 (1.84) 43.402.72 (3.09) 20.38 (0.91) 19.10Other significant non cashexpenses (unallocable) 3.08-Business SegmentThe following business segments individually contribute 10 percent or more of the Company’s revenues and segmentassets:Industry SegmentRevenues for the year Segment Assets as atended March 31, 2009 March 31, 2009(Rs. in crores)(Rs. in crores)Banking, Financial Services and Insurance 8886.82 1261.097554.28 1545.95Manufacturing 2245.38 364.761838.41 402.57Retail and Distribution 2121.31 364.131326.25 282.85Telecom 3966.41 1167.363561.13 1245.0013) Related Party DisclosuresA. Related Parties and their RelationshipI. Holding CompanyTata Sons LimitedII (A). Subsidiaries (Direct Holding) II (B). Subsidiaries (Indirect Holding)1. CMC Limited i) CMC Americas Inc2. Tata Consultancy Services Sverige AB i) Swedish Indian IT Resources AB (ceased to besubsidiary on 04.04.2007 and merged with TataConsultancy Services Sverige AB)3. Tata Consultancy Services Asia Pacific i) Tata Information Technology (Shanghai)Pte Ltd.Company Limitedii) Tata Consultancy Services Japan Ltd.iii) Tata Consultancy Services Malaysia Sdn Bhd141
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Annual Report 2008 - 09agilityina D
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ContentsBoard of Directors 2Our Lea
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Laura M ChaIndependentDirectorDr. R
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N ChandrasekaranChief Operating Off
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Your Company remained focused on he
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"TCS is a valued customer, supplier
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“Nielsen is moving quickly to tra
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Board of DirectorsR N Tata (Chairma
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Management TeamFunctionNameIndustry
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3. DividendBased on the Company's p
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The Company has also been rated by
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11. Corporate SustainabilityIn keep
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13. Corporate Governance Report and
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Annexure to the Directors’ Report
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Expenditure on R&D(Rs. in crore)Yea
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Sr. Name Age Designation Gross Net
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DECLARATION REGARDING COMPLIANCE BY
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Chart 3: IT Services spends by indu
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B. FOCUS AREAS OF THE COMPANY1. Vis
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2.6 Organisation: From April 2008,
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Company also offers PerformanceMana
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4. R&D and Innovation Labs: TCS est
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Chart 24: Diversity: Global work fo
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The Company’s ability to bid for
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Corporate Governance practices and
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TCS LIMITED (UNCONSOLIDATED)RESULTS
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eduction in cost of software licens
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FINANCIAL POSITION - TCS LIMITED(UN
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Deferred tax assets (net)Details of
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Cash flow from investing activities
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RevenuesRevenues from operationsThe
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The primary reasons for the decreas
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obligations under finance lease was
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Rs.137.03 crore as at March 31, 200
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COMPANY'S CONSOLIDATED PERFORMANCE
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INTERNAL CONTROL SYSTEMS AND THEIR
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Name of Category Number of Board Wh
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Page 97 and 98: (vi)Market Price Data:High, Low (ba
Page 99 and 100: (xi) Shareholding as on March 31, 2
Page 101 and 102: COMPLIANCE CERTIFICATETO THE MEMBER
Page 103 and 104: ANNEXURE TO THE AUDITORS' REPORT(Re
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Page 107 and 108: INCOMEProfit and Loss Account for t
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Page 135 and 136: SCHEDULE ‘Q’ - NOTES TO ACCOUNT
Page 137 and 138: services are rendered. Revenue from
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Page 145 and 146: ii) TCS Financial Solutions Austral
Page 147 and 148: (Rs. in crores)Particulars Holding
Page 149 and 150: (Rs. in crores)2009 2008Remuneratio
Page 151 and 152: 19) Micro and Small Enterprises(Rs.
Page 153 and 154: Number of Number of Gross AmountNon
Page 155 and 156: No. of Shares* Tata Consultancy Ser
Page 157 and 158: AUDITORS’ REPORT ON CONSOLIDATED
Page 159 and 160: Consolidated Profit and Loss Accoun
Page 161 and 162: Schedules forming part of the Conso
Page 163 and 164: SCHEDULE ‘D’UNSECURED LOANSSche
Page 171 and 172: e) DepreciationDepreciation other t
Page 173 and 174: Dividends are recorded when the rig
Page 175 and 176: Name of the Company Country of Perc
Page 177 and 178: 3) Acquisitions / Divestmenta) On M
Page 179 and 180: Funded retirement benefits Indian F
Page 181 and 182: 7) Unbilled revenue as at March 31,
Page 183 and 184: Particulars Geographic Segment (Rs.
Page 185 and 186: B) Transactions with related partie
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Page 189 and 190: Net loss on derivative instruments
Page 191 and 192: Rs. in croresSr. Name of the Subsid
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Awards and RecognitionsWall Street
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