INFY » Topics » 2.5 Property, plant and equipment - net

This excerpt taken from the INFY 20-F filed Apr 26, 2005.

2.5 Property, plant and equipment – net

 

Property, plant and equipment consist of the following:

 

(Dollars in millions)

 

     As of March 31,

 
     2004

    2005

 

Land

   $ 21     $ 27  

Buildings

     106       168  

Furniture and fixtures

     59       79  

Computer equipment

     107       141  

Plant and equipment

     65       91  

Capital work-in-progress

     48       73  
    


 


       406       579  

Accumulated depreciation

     (178 )     (227 )
    


 


     $ 228     $ 352  
    


 


 

Depreciation expense amounted to $37 million, $45 million and $64 million for fiscal 2003, 2004 and 2005. The amount of third party software amortized during fiscal 2003, 2004 and 2005 was $12 million, $14 million and $26 million.

 

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