| WIPRO LIMITED AND SUBSIDIARIES |
| INTERIM CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION |
(Rs in millions, except share and per share data, unless otherwise stated)
|
| |
|
|
As at March 31, 2024 |
|
As at December 31, 2024 |
| |
|
|
|
|
Convenience translation into
US dollar in millions
(unaudited) Refer to Note 2(iii) |
| ASSETS |
|
| Goodwill |
|
|
316,002 |
|
324,686 |
|
3,795 |
| Intangible assets |
|
|
32,748 |
|
29,101 |
|
340 |
| Property, plant and equipment |
|
|
81,608 |
|
77,760 |
|
909 |
| Right-of-Use assets |
|
|
17,955 |
|
21,886 |
|
256 |
| Financial assets |
|
|
|
|
|
|
|
| Derivative assets |
|
|
25 |
|
– |
|
– |
| Investments |
|
|
21,629 |
|
30,100 |
|
352 |
| Trade receivables |
|
|
4,045 |
|
599 |
|
7 |
| Other financial assets |
|
|
5,550 |
|
5,039 |
|
59 |
Investments accounted for
using the equity method |
|
|
1,044 |
|
1,034 |
|
12 |
| Deferred tax assets |
|
|
1,817 |
|
1,811 |
|
21 |
| Non-current tax assets |
|
|
9,043 |
|
7,861 |
|
92 |
| Other non-current assets |
|
|
10,331 |
|
7,424 |
|
87 |
| Total non-current assets |
|
|
501,797 |
|
507,301 |
|
5,930 |
| Inventories |
|
|
907 |
|
724 |
|
8 |
| Financial assets |
|
|
|
|
|
|
|
| Derivative assets |
|
|
1,333 |
|
859 |
|
10 |
| Investments |
|
|
311,171 |
|
436,108 |
|
5,098 |
| Cash and cash equivalents |
|
|
96,953 |
|
125,744 |
|
1,470 |
| Trade receivables |
|
|
115,477 |
|
114,616 |
|
1,340 |
| Unbilled receivables |
|
|
58,345 |
|
58,775 |
|
686 |
| Other financial assets |
|
|
10,536 |
|
9,107 |
|
106 |
| Contract assets |
|
|
19,854 |
|
14,205 |
|
166 |
| Current tax assets |
|
6,484 |
|
5,868 |
|
69 |
| Other current assets |
|
|
29,602 |
|
28,712 |
|
336 |
| Total current assets |
|
|
650,662 |
|
794,718 |
|
9,289 |
| |
|
|
|
|
|
| TOTAL ASSETS |
|
|
1,152,459 |
|
1,302,019 |
|
15,219 |
| |
| EQUITY |
|
|
|
|
|
|
|
| Share capital |
|
|
10,450 |
|
20,938 |
|
245 |
| Share premium |
|
|
3,291 |
|
1,921 |
|
22 |
| Retained earnings |
|
|
630,936 |
|
733,625 |
|
8,576 |
| Share-based payment reserve |
|
|
6,384 |
|
6,496 |
|
76 |
Special Economic Zone
re-investment reserve |
|
|
42,129 |
|
31,905 |
|
373 |
| Other components of equity |
|
|
56,693 |
|
58,964 |
|
689 |
Equity attributable to the
equity holders of the Company |
|
|
749,883 |
|
853,849 |
|
9,981 |
| Non-controlling interests |
|
|
1,340 |
|
1,963 |
|
23 |
| TOTAL EQUITY |
|
|
751,223 |
|
855,812 |
|
10,004 |
| |
| LIABILITIES |
|
|
|
|
|
|
|
| Financial liabilities |
|
|
|
|
|
|
|
| Loans and borrowings |
|
|
62,300 |
|
64,034 |
|
748 |
| Lease liabilities |
|
|
13,962 |
|
18,783 |
|
220 |
| Derivative liabilities |
|
|
4 |
|
5 |
|
^ |
| Other financial liabilities |
|
|
4,985 |
|
7,825 |
|
91 |
| Deferred tax liabilities |
|
|
17,467 |
|
16,813 |
|
197 |
| Non-current tax liabilities |
|
|
37,090 |
|
41,330 |
|
483 |
| Other non-current liabilities |
|
|
12,970 |
|
16,161 |
|
189 |
| Provisions |
|
|
– |
|
381 |
|
4 |
| Total non-current liabilities |
|
|
148,778 |
|
165,332 |
|
1,932 |
| Financial liabilities |
|
|
|
|
|
|
|
Loans, borrowings
and bank overdrafts |
|
|
79,166 |
|
102,638 |
|
1,200 |
| Lease liabilities |
|
|
9,221 |
|
8,104 |
|
95 |
| Derivative liabilities |
|
|
558 |
|
2,947 |
|
34 |
Trade payables and
accrued expenses |
|
|
88,566 |
|
81,200 |
|
949 |
| Other financial liabilities |
|
|
2,272 |
|
3,110 |
|
36 |
| Contract liabilities |
|
|
17,653 |
|
21,413 |
|
250 |
| Current tax liabilities |
|
|
21,756 |
|
30,301 |
|
354 |
| Other current liabilities |
|
|
31,295 |
|
29,664 |
|
347 |
| Provisions |
|
|
1,971 |
|
1,498 |
|
18 |
| Total current liabilities |
|
|
252,458 |
|
280,875 |
|
3,283 |
| TOTAL LIABILITIES |
|
|
401,236 |
|
446,207 |
|
5,215 |
| |
| TOTAL EQUITY AND LIABILITIES |
|
|
1,152,459 |
|
1,302,019 |
|
15,219 |
| |
|
|
|
|
|
By