Infosys : Annual Report on Form 20-F for fiscal 2018 Available Online for ADS holders
July 19, 2018 at 09:47 am EDT
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Infosys Annual Report on Form 20-F for fiscal 2018 Available Online for ADS holders
Bengaluru - July 19, 2018: Infosys (NYSE: INFY) today announced that it has filed the Annual Report on Form 20-F for the year ended March 31, 2018 with the Securities and Exchange Commission (SEC). The financial statements included in the Annual Report on Form 20-F have been prepared in accordance with the International Financial Reporting Standards (IFRS) as issued by International Accounting Standards Board. Infosys had filed the Indian Annual Report with the Indian Stock Exchanges (BSE/NSE) on May 21, 2018. Both the Annual Report on Form 20-F and the Indian Annual Report are available on the Infosys Limited website at www.infosys.com.
As in the previous years, Infosys will furnish its annual reports to its American Depositary Shares (ADS) holders on its website in lieu of physical distribution. As allowed under New York Stock Exchange (NYSE) rules, the Company will not circulate physical copies of the Annual Report on Form 20-F or the Indian Annual Report to ADS holders. However, in compliance with NYSE rules, physical and email copies of Infosys' Annual Report on Form 20-F and the Indian Annual Report will be made available, at no cost, to ADS holders on request. Interested ADS holders may request for physical or email copies by writing to 'The Company Secretary' at Infosys' registered office at Electronics City, Hosur Road, Bangalore - 560 100, India or by emailing investors@infosys.com.
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Infosys Limited published this content on 19 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 July 2018 13:46:02 UTC
Infosys Limited is an information services company, their end-to-end business solutions include:
- consulting and systems integration comprising consulting, enterprise solutions, systems integration and advanced technologies;
- business IT services comprising application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management;
- products, business platforms and solutions to accelerate intellectual property led innovation, including Finacle TM, our banking product, which offers solutions to address core banking, mobile banking and e-banking needs of retail, corporate and universal banks worldwide;
- newer areas such as cloud computing, enterprise mobility and sustainability.
Net sales break down by market between finance (29.8%), retail and logistics (14.5), telecommunications services (12.3%), manufacturing industry (12.9%), energy and utilities (12.6%), technology (8.1%), life sciences, health care and insurance (6.9%) and other (2.9%).
Net sales are distributed geographically as follows: India (2.6%), North America (61.8%), Europe (25.6%) and other (10%).