印孚瑟斯Infosys Ltd. (INFY) 1999年年度报告「NYSE」.pdf

1、Nothing endures but change.Heraclitus(540 480 B.C.)Information Technology in the Next Millennium?the Challenges for the Chief Information OfficerThe growth of Information Technology(IT)has been most spectacular in the lastfifteen years.This period has demonstrated that the only constant in the IT fi

2、eld ischange.This industry has attracted a large number of visionary entrepreneurs,anabundance of venture capital,and a vast pool of high quality professionals.Notsince the industrial revolution,has an industry brought about such improvementsin value-for-money to users as has the IT industry.However

3、,the best is yet tocome.As we move into the next millennium,this industry will shape the lives ofbillions of people from the boardrooms of New York to the bazaars of Nepal.Thisyear,Infosys brings you an abridged version of a very informative panel discussionon Information Technology in the Next Mill

4、ennium the Challenges for the ChiefInformation Officer.2The year at a glance3Awards for excellence 1998-994Nandan M.Nilekani,Managing Director,President and Chief Operating Officer7Letter to the shareholders9IT in the Next Millennium The Challenges for the Chief Information Officer12Board of directo

5、rs20Management council20Directors report23Risk management36Corporate governance43Report of the committees of the board51Management statement54Auditors report55Financial statements prepared in accordance withIndian Generally Accepted Accounting Principles(Indian GAAP)58Managements discussion and anal

6、ysis of financial condition and results of operations72Statement of cash flows81Balance sheet abstract and companys general business profile83Statement pursuant to section 212 of theCompanies Act,1956 relating to subsidiary company84Financial statements of Yantra Corporation(a subsidiary)85Financial