Mindtree Ltd (MTCL IN) - Standardized

In Millions of INR except Per Share

12 Months Ending
Total Assets
Cash, Cash Equivalents & STI
Cash & Cash Equivalents
ST Investments
Accounts & Notes Receiv
Accounts Receivable, Net
Notes Receivable, Net
Unbilled Revenues
Inventories
Raw Materials
Work In Process
Finished Goods
Other Inventory
Other ST Assets
Prepaid Expenses
Derivative & Hedging Assets
Misc ST Assets
Total Current Assets
Property, Plant & Equip, Net
Property, Plant & Equip
Accumulated Depreciation
LT Investments & Receivables
LT Investments
Other LT Assets
Total Intangible Assets
Goodwill
Other Intangible Assets
Prepaid Expense
Deferred Tax Assets
Derivative & Hedging Assets
Investments in Affiliates
Misc LT Assets
Total Noncurrent Assets
Total Assets

Liabilities & Shareholders' Equity

Payables & Accruals
Accounts Payable
Accrued Taxes
Interest & Dividends Payable
 Other Payables & Accruals
ST Debt
ST Borrowings
ST Capital Leases
Current Portion of LT Debt
Other ST Liabilities
Deferred Revenue
Derivatives & Hedging
Deferred Tax Liabilities
Misc ST Liabilities
Total Current Liabilities
LT Debt
LT Borrowings
LT Capital Leases
Other LT Liabilities
Accrued Liabilities
Deferred Revenue
Derivatives & Hedging
Misc LT Liabilities
Total Noncurrent Liabilities
Total Liabilities
Preferred Equity and Hybrid Capital
Share Capital & APIC
Common Stock
Additional Paid in Capital
Treasury Stock
Retained Earnings
Other Equity
Equity Before Minority Interest
Minority/Non Controlling Interest
Total Equity
Total Liabilities & Equity

Reference Items
Accounting Standard
Shares Outstanding
Number of Treasury Shares
Future Minimum Operating Lease Obligations
Capital Leases - Total
Percent Of Foreign Ownership
Number Of Shareholders
Options Granted During Period
Options Outstanding at Period End
Net Debt
Net Debt to Equity
Tangible Common Equity Ratio
Current Ratio
Number of Employees
Source: Bloomberg
 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013
03/31/2009 03/31/2010 03/31/2011 03/31/2012 03/31/2013

C&CE_AND_STI_DETAILED 379.1 403.3 1,564.0 602.0 4,962.0

BS_CASH_NEAR_CASH_ITEM 379.1 403.3 459.0 602.0 1,252.0
BS_MKT_SEC_OTHER_ST_INVEST 0.0 0.0 1,105.0 0.0 3,710.0
BS_ACCT_NOTE_RCV 2,792.3 2,369.9 2,825.0 4,077.0 4,508.0
BS_ACCTS_REC_EXCL_NOTES_REC 2,792.3 2,369.9 2,825.0 4,077.0 4,508.0
NOTES_RECEIVABLE 0.0 0.0 0.0 0.0 0.0
BS_UNBILLED_REVENUES — — — 479.0 —
BS_INVENTORIES 0.0 0.0 0.0 0.0 0.0
INVTRY_RAW_MATERIALS 0.0 0.0 0.0 0.0 0.0
INVTRY_IN_PROGRESS 0.0 0.0 0.0 0.0 0.0
INVTRY_FINISHED_GOODS 0.0 0.0 0.0 0.0 0.0
BS_OTHER_INV 0.0 0.0 0.0 0.0 0.0
OTHER_CURRENT_ASSETS_DETAILED 1,519.6 2,068.3 1,999.0 4,473.0 2,166.0
BS_PREPAY — — — 478.0 —
BS_DERIV_&_HEDGING_ASSETS_ST — — — 36.0 181.0
BS_OTHER_CUR_ASSET_LESS_PREPAY 1,519.6 2,068.3 1,999.0 3,959.0 1,985.0
BS_CUR_ASSET_REPORT 4,691.0 4,841.4 6,388.0 9,631.0 11,636.0
BS_NET_FIX_ASSET 2,961.6 2,858.7 2,952.0 2,388.0 2,818.0
BS_GROSS_FIX_ASSET 5,071.2 5,379.9 5,558.0 5,510.0 5,884.0
BS_ACCUM_DEPR 2,109.6 2,521.2 2,606.0 3,122.0 3,066.0
BS_LT_INVEST 1,013.3 1,272.5 7.0 0.0 0.0
BS_LONG_TERM_INVESTMENTS 1,013.3 1,272.5 7.0 — —
BS_OTHER_ASSETS_DEF_CHRG_OTHER 1,650.2 367.8 798.0 1,437.0 2,506.0
BS_DISCLOSED_INTANGIBLES 1,460.5 154.3 55.0 42.0 104.0
BS_GOODWILL 1,460.5 154.3 0.0 0.0 0.0
OTHER_INTANGIBLE_ASSETS_DETAILED 0.0 0.0 55.0 42.0 104.0
BS_PREPAID_EXPENSE_LT — — — 202.0 —
BS_DEFERRED_TAX_ASSETS_LT 189.7 213.6 216.0 590.0 470.0
BS_DERIV_&_HEDGING_ASSETS_LT — — — 0.0 —
BS_INVEST_IN_ASSOC_CO 0.0 0.0 0.0 0.0 0.0
OTHER_NONCURRENT_ASSETS_DETAILED 0.0 0.0 527.0 603.0 1,932.0
BS_TOT_NON_CUR_ASSET 5,625.2 4,499.0 3,757.0 3,825.0 5,324.0
BS_TOT_ASSET 10,316.2 9,340.5 10,145.0 13,456.0 16,960.0

ACCT_PAYABLE_&_ACCRUALS_DETAILED 438.0 128.7 1,055.0 1,008.0 850.0

BS_ACCT_PAYABLE 216.2 — 167.0 137.0 —
BS_TAXES_PAYABLE — — 229.0 257.0 —
BS_INTEREST_&_DIVIDENDS_PAYABLE 2.0 2.2 53.0 2.0 —
BS_ACCRUAL 219.8 126.5 606.0 612.0 850.0
BS_ST_BORROW 0.0 0.0 5.0 537.0 358.0
SHORT_TERM_DEBT_DETAILED 0.0 0.0 0.0 532.0 358.0
ST_CAPITAL_LEASE_OBLIGATIONS 0.0 0.0 0.0 0.0 0.0
BS_CURR_PORTION_LT_DEBT — — 5.0 5.0 —
OTHER_CURRENT_LIABS_SUB_DETAILED 2,860.4 2,474.9 1,076.0 2,094.0 2,043.0
ST_DEFERRED_REVENUE 47.5 66.7 0.0 19.0 0.0
BS_DERIVATIVE_&_HEDGING_LIABS_ST — — — 597.0 13.0
BS_DEFERRED_TAX_LIABS_ST — — — — —
OTHER_CURRENT_LIABS_DETAILED 2,812.9 2,408.2 1,076.0 1,478.0 2,030.0
BS_CUR_LIAB 3,082.2 2,603.6 2,136.0 3,639.0 3,251.0
BS_LT_BORROW 1,393.7 30.5 41.0 26.0 24.0
LONG_TERM_BORROWINGS_DETAILED 1,393.7 30.5 41.0 26.0 24.0
LT_CAPITAL_LEASE_OBLIGATIONS 0.0 0.0 0.0 0.0 0.0
OTHER_NONCUR_LIABS_SUB_DETAILED 0.0 0.0 206.0 44.0 63.0
BS_ACCRUED_LIABILITIES 0.0 0.0 0.0 0.0 0.0
LT_DEFERRED_REVENUE 0.0 0.0 0.0 0.0 0.0
BS_DERIVATIVE_&_HEDGING_LIABS_LT — — 179.0 0.0 —
OTHER_NONCURRENT_LIABS_DETAILED 0.0 0.0 27.0 44.0 63.0
NON_CUR_LIAB 1,393.7 30.5 247.0 70.0 87.0
BS_TOT_LIAB2 4,475.9 2,634.1 2,383.0 3,709.0 3,338.0
BS_PFD_EQTY_&_HYBRID_CPTL 0.0 0.0 0.0 0.0 0.0
BS_SH_CAP_AND_APIC 2,932.5 1,892.0 2,031.0 2,281.0 2,740.0
BS_COMMON_STOCK 380.0 395.1 400.0 405.0 415.0
BS_ADD_PAID_IN_CAP 2,552.5 1,496.9 1,631.0 1,876.0 2,325.0
BS_AMT_OF_TSY_STOCK 0.0 0.0 0.0 0.0 0.0
BS_PURE_RETAINED_EARNINGS 2,434.7 4,236.9 4,982.0 7,632.0 10,635.0
OTHER_INS_RES_TO_SHRHLDR_EQY 145.56 577.45 749.00 -166.00 247.00
EQTY_BEF_MINORITY_INT_DETAILED 5,512.7 6,706.4 7,762.0 9,747.0 13,622.0
MINORITY_NONCONTROLLING_INTEREST 327.6 0.0 0.0 0.0 0.0
TOTAL_EQUITY 5,840.3 6,706.4 7,762.0 9,747.0 13,622.0
TOT_LIAB_AND_EQY 10,316.2 9,340.5 10,145.0 13,456.0 16,960.0

ACCOUNTING_STANDARD IN GAAP IN GAAP IN GAAP IAS/IFRS IAS/IFRS

BS_SH_OUT 158.1 158.1 160.1 162.2 166.1
BS_NUM_OF_TSY_SH 0.0 0.0 0.0 0.0 0.0
BS_FUTURE_MIN_OPER_LEASE_OBLIG 96.5 42.4 47.0 627.0 978.0
BS_TOTAL_CAPITAL_LEASES 0.0 0.0 0.0 0.0 0.0
BS_PERCENT_OF_FOREIGN_OWNERSHIP — 17.21 32.72 30.95 32.21
BS_NUM_OF_SHAREHOLDERS — 67,273.00 62,738.00 58,270.00 46,789.00
BS_OPTIONS_GRANTED — 0.9 1.2 0.4 0.1
BS_OPTIONS_OUTSTANDING — 13.5 11.4 6.8 2.4
NET_DEBT 1,014.6 -372.7 -1,518.0 -39.0 -4,580.0
NET_DEBT_TO_SHRHLDR_EQTY 17.37 -5.56 -19.56 -0.40 -33.62
TCE_RATIO 45.76 71.33 76.38 72.35 80.20
CUR_RATIO 1.52 1.86 2.99 2.65 3.58
NUM_OF_EMPLOYEES 7,866.00 8,297.00 9,547.00 11,000.00 11,591.00
 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018
03/31/2014 03/31/2015 03/31/2016 03/31/2017 03/31/2018

6,344.0 8,553.0 4,598.0 8,377.0 10,495.0

1,184.0 3,763.0 2,332.0 2,508.0 3,289.0
5,160.0 4,790.0 2,266.0 5,869.0 7,206.0
6,004.0 6,963.0 9,728.0 8,962.0 10,155.0
6,004.0 6,963.0 9,728.0 8,962.0 10,155.0
0.0 0.0 0.0 0.0 0.0
— — 2,132.0 1,885.0 2,791.0
0.0 0.0 — 0.0 0.0
0.0 0.0 — 0.0 0.0
0.0 0.0 — 0.0 0.0
0.0 0.0 — 0.0 0.0
0.0 0.0 — 0.0 0.0
2,340.0 3,158.0 1,820.0 1,386.0 1,590.0
— — 1,331.0 1,081.0 855.0
— 24.0 53.0 37.0 1.0
2,340.0 3,134.0 436.0 268.0 734.0
14,688.0 18,674.0 18,278.0 20,610.0 25,031.0
3,762.0 4,651.0 4,383.0 3,991.0 3,601.0
7,383.0 8,895.0 9,400.0 10,116.0 10,740.0
3,621.0 4,244.0 5,017.0 6,125.0 7,139.0
175.0 0.0 62.0 58.0 57.0
175.0 — 62.0 58.0 57.0
2,369.0 3,329.0 10,056.0 9,237.0 8,676.0
170.0 1,056.0 7,447.0 6,411.0 6,059.0
0.0 740.0 4,815.0 4,470.0 4,539.0
170.0 316.0 2,632.0 1,941.0 1,520.0
— — 171.0 152.0 125.0
402.0 493.0 435.0 624.0 318.0
— — — — —
0.0 0.0 0.0 0.0 1.0
1,797.0 1,780.0 2,003.0 2,050.0 2,173.0
6,306.0 7,980.0 14,501.0 13,286.0 12,334.0
20,994.0 26,654.0 32,779.0 33,896.0 37,365.0

1,254.0 1,709.0 2,571.0 3,678.0 4,526.0

82.0 753.0 734.0 699.0 1,710.0
219.0 — 346.0 323.0 315.0
631.0 — 336.0 404.0 24.0
 322.0 956.0 1,155.0 2,252.0 2,477.0
0.0 160.0 815.0 983.0 3,019.0
0.0 160.0 815.0 978.0 3,014.0
0.0 0.0 0.0 0.0 0.0
— — — 5.0 5.0
3,140.0 3,150.0 4,349.0 3,146.0 2,312.0
— — 344.0 505.0 720.0
— 3.0 1.0 0.0 15.0
— 239.0 — — —
3,140.0 2,908.0 4,004.0 2,641.0 1,577.0
4,394.0 5,019.0 7,735.0 7,807.0 9,857.0
27.0 18.0 14.0 13.0 9.0
27.0 18.0 14.0 13.0 9.0
0.0 0.0 0.0 0.0 0.0
168.0 337.0 851.0 301.0 85.0
0.0 0.0 — — 0.0
0.0 0.0 — — 0.0
— — — — —
168.0 337.0 851.0 301.0 85.0
195.0 355.0 865.0 314.0 94.0
4,589.0 5,374.0 8,600.0 8,121.0 9,951.0
0.0 0.0 0.0 0.0 0.0
2,587.0 2,989.0 3,054.0 3,124.0 1,647.0
417.0 837.0 1,678.0 1,680.0 1,639.0
2,170.0 2,152.0 1,376.0 1,444.0 8.0
0.0 0.0 0.0 0.0 0.0
12,072.0 18,114.0 21,156.0 23,308.0 25,179.0
1,746.00 177.00 -31.00 -657.00 588.00
16,405.0 21,280.0 24,179.0 25,775.0 27,414.0
0.0 0.0 0.0 0.0 0.0
16,405.0 21,280.0 24,179.0 25,775.0 27,414.0
20,994.0 26,654.0 32,779.0 33,896.0 37,365.0

IN GAAP IAS/IFRS IAS/IFRS IAS/IFRS IN GAAP

166.8 167.5 167.8 168.0 163.9
0.0 0.0 0.0 0.0 0.0
744.0 1,285.0 1,105.0 1,123.0 1,202.0
0.0 0.0 0.0 0.0 0.0
37.19 42.99 42.90 40.14 42.51
47,186.00 55,963.00 67,761.00 94,512.00 73,760.00
0.0 0.1 0.0 0.2 0.0
0.6 0.4 0.2 0.1 0.0
-6,317.0 -8,375.0 -3,769.0 -7,381.0 -7,467.0
-38.51 -39.36 -15.59 -28.64 -27.24
 77.96 79.01 66.05 70.45 68.21
3.34 3.72 2.36 2.64 2.54
12,926.00 14,202.00 16,470.00 16,470.00 17,223.00