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This excerpt taken from the INFY 6-K filed Jul 28, 2005. 2.4 Prepaid expenses and other current assets Prepaid expenses and other current assets consist of the following: |
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This excerpt taken from the INFY 20-F filed Apr 26, 2005. 2.4 Prepaid expenses and other current assets
Prepaid expenses and other current assets consist of the following:
(Dollars in millions)
Other current assets represent advance payments to vendors for the supply of goods and rendering of services and marked to market gains on foreign exchange forward contracts. Deposits with service providers relate principally to leased telephone lines and electricity supplies.
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