← Infosys Ltd

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Cash flows from operating activities:
Net Income — — — — — — $3.0b $3.2b $3.2b $3.3b
Net Income From Continuing Operations — — — — — — $3.0b $3.2b $3.2b $3.3b
Other Adjustments To Reconcile Profit Loss — ($20.0m) ($15.0m) ($20.0m) ($13.0m) $8.0m $80.0m $176.0m $99.0m —
Depreciation and amortization $254.0m $289.0m $287.0m $407.0m $441.0m $466.0m $524.0m $565.0m $569.0m $552.0m
Depreciation Amortization Depletion — — — — — — $524.0m $565.0m $569.0m $552.0m
Deferred Income Tax — — — — — — $1.1b $1.2b $1.3b $1.2b
Deferred Tax — — — — — — $1.1b $1.2b $1.3b $1.2b
Adjustments For Share-Based Payments — $13.0m $29.0m $34.0m $45.0m $56.0m $64.0m $79.0m $95.0m —
Impairment loss recognized/(reversed) under expected credit loss model $20.0m $5.0m $34.0m $23.0m $25.0m $23.0m $35.0m $15.0m $6.0m $4.0m
Stock compensation expense $17.0m $13.0m $29.0m $34.0m $45.0m $56.0m $64.0m $79.0m $95.0m $108.0m
Asset Impairment Charge — — — — — — $35.0m $15.0m $6.0m $4.0m
Adjustments For Income Tax Expense — $657.0m $803.0m $757.0m $973.0m $1.1b $1.1b $1.2b $1.3b —
Income tax expense $834.0m $657.0m $803.0m $757.0m $973.0m $1.1b $1.1b $1.2b $1.3b $1.2b
Additional Financial Items
Adjustments For Increase Decrease In Trade Account Payable — $51.0m $131.0m ($52.0m) ($33.0m) $200.0m ($35.0m) $11.0m $21.0m —
Adjustments For Unrealised Foreign Exchange Losses Gains — $3.0m $10.0m $27.0m ($8.0m) $15.0m $21.0m $11.0m $9.0m —
Goodwill — $339.0m $512.0m $699.0m $832.0m $817.0m $882.0m $875.0m $1.2b —
Payments Of Lease Liabilities Classified As Financing Activities — — — $80.0m $94.0m $125.0m $151.0m $245.0m $278.0m —
Payments To Acquire Or Redeem Entitys Shares — $2.0b — $1.1b — $1.5b $1.4b — — —
Net profit $2.1b $2.5b $2.2b $2.3b $2.6b $3.0b $3.0b $3.2b $3.2b $3.3b
Finance cost — — — $24.0m $26.0m $27.0m $35.0m $56.0m $49.0m $47.0m
Exchange differences on translation of assets and liabilities, net $6.0m $3.0m $10.0m $27.0m ($8.0m) $15.0m $21.0m $11.0m $9.0m $106.0m
Provision for post sale client support — — — — — — $15.0m $9.0m ($13.0m) —
Provision for post-sales client support and other provisions — — — — — — — $9.0m ($13.0m) ($19.0m)
Interest receivable on income tax refund — — — — — — — ($234.0m) ($39.0m) ($7.0m)
Other adjustments $7.0m ($20.0m) ($15.0m) ($20.0m) ($13.0m) $8.0m $80.0m $176.0m $99.0m $101.0m
Trade receivables and unbilled revenues ($260.0m) ($237.0m) ($411.0m) ($542.0m) ($248.0m) ($1.1b) ($875.0m) ($322.0m) ($209.0m) ($583.0m)
Prepayments and other assets ($70.0m) ($58.0m) ($120.0m) $70.0m ($90.0m) ($225.0m) ($404.0m) ($151.0m) ($157.0m) ($260.0m)
Trade payables ($3.0m) $51.0m $131.0m ($52.0m) ($33.0m) $200.0m ($35.0m) $11.0m $21.0m ($3.0m)
Unearned revenues $66.0m $104.0m $48.0m $21.0m $138.0m $299.0m $103.0m $21.0m $135.0m $349.0m
Other liabilities and provisions ($24.0m) $122.0m $269.0m $233.0m $319.0m $632.0m $407.0m ($182.0m) $140.0m $238.0m
Cash generated from operations $2.9b $3.3b $3.2b $3.2b $4.1b $4.4b $3.9b $4.3b $5.0b $5.0b
Deposits placed with corporation ($25.0m) ($20.0m) ($3.0m) ($15.0m) ($28.0m) ($121.0m) ($123.0m) ($102.0m) ($145.0m) ($106.0m)
Redemption of deposits placed with corporation — — — $81.0m $69.0m $101.0m $94.0m $86.0m $92.0m $82.0m
Payment of contingent consideration pertaining to acquisition of business ($5.0m) ($5.0m) ($3.0m) ($1.0m) ($21.0m) ($7.0m) — ($12.0m) — ($1.0m)
Escrow and other deposits pertaining to Buyback — — ($37.0m) $37.0m — ($57.0m) ($59.0m) — — ($204.0m)
Redemption of escrow and other deposits pertaining to Buyback — — — $37.0m — $57.0m $59.0m — — $204.0m
Other receipts — — — $7.0m $11.0m $32.0m $16.0m $16.0m $1.0m $1.0m
Mutual fund units — — — — — — — $7.8b $8.7b $8.2b
Certificates of deposit ($1.2b) ($1.0b) ($342.0m) ($156.0m) $154.0m $105.0m $1.3b $1.1b $791.0m $1.1b
Quoted debt securities ($638.0m) ($16.0m) ($145.0m) ($363.0m) $534.0m $494.0m $318.0m $203.0m $373.0m $1.2b
Commercial paper — ($45.0m) ($70.0m) — — — $284.0m $782.0m $914.0m $654.0m
Other investments ($4.0m) ($4.0m) ($3.0m) ($4.0m) $3.0m $1.0m ($2.0m) $3.0m $1.0m ($4.0m)
Target maturity fund units — — — — — — ($49.0m) — — $56.0m
Payment of lease liabilities — — — ($80.0m) ($94.0m) ($125.0m) ($151.0m) ($245.0m) ($278.0m) ($318.0m)
Shares issued on exercise of employee stock options — $1.0m $1.0m $1.0m $2.0m $2.0m $4.0m $1.0m $1.0m —
Payment towards purchase of non-controlling interest — — — — ($7.0m) — — ($2.0m) — —
Other payments — — — — ($6.0m) ($17.0m) ($59.0m) ($88.0m) ($64.0m) ($28.0m)
Buyback of equity shares including transaction costs — ($2.0b) ($118.0m) ($1.1b) ($1.2b) ($1.5b) ($1.4b) — — ($2.0b)
Beginning Cash Position — — — — — — $2.3b $1.5b $1.8b $2.9b
Cash Flow From Continuing Financing Activities — — — — — — ($3.3b) ($2.1b) ($2.9b) ($4.5b)
Cash Flow From Continuing Investing Activities — — — — — — ($218.0m) ($708.0m) ($361.0m) $10.0m
Change In Account Payable — — — — — — ($35.0m) $11.0m $21.0m ($3.0m)
Change In Other Current Liabilities — — — — — — $407.0m ($182.0m) $140.0m $238.0m
Change In Other Working Capital — — — — — — $103.0m $21.0m $135.0m $349.0m
Change In Payable — — — — — — ($35.0m) $11.0m $21.0m ($3.0m)
Change In Payables And Accrued Expense — — — — — — ($35.0m) $11.0m $21.0m ($3.0m)
Change In Prepaid Assets — — — — — — ($404.0m) ($151.0m) ($157.0m) ($260.0m)
Change In Receivables — — — — — — ($875.0m) ($322.0m) ($209.0m) ($583.0m)
Change In Working Capital — — — — — — ($804.0m) ($623.0m) ($70.0m) ($259.0m)
Changes In Cash — — — — — — ($653.0m) $324.0m $1.1b ($436.0m)
End Cash Position — — — — — — $1.5b $1.8b $2.9b $2.3b
Financing Cash Flow — — — — — — ($3.3b) ($2.1b) ($2.9b) ($4.5b)
Free Cash Flow — — — — — — $2.5b $2.9b $4.1b $3.7b
Interest Received CFI — — — — — — $120.0m $110.0m $113.0m $98.0m
Investing Cash Flow — — — — — — ($218.0m) ($708.0m) ($361.0m) $10.0m
Net Business Purchase And Sale — — — — — — ($113.0m) ($12.0m) ($377.0m) ($77.0m)
Net Foreign Currency Exchange Gain Loss — — — — — — $21.0m $11.0m $9.0m $106.0m
Operating Gains Losses — — — — — — $21.0m $11.0m $9.0m $106.0m
Other Non Cash Items — — — — — — ($39.0m) ($140.0m) ($30.0m) $14.0m
Proceeds From Stock Option Exercised — — — — — — $4.0m $1.0m $1.0m $0
Provisionand Write Offof Assets — — — — — — $15.0m $9.0m ($13.0m) ($19.0m)
Purchase Of Business — — — — — — ($113.0m) ($12.0m) ($377.0m) ($77.0m)
Repurchase Of Capital Stock — — — — — — ($1.4b) $0 $0 ($2.0b)
Stock Based Compensation — — — — — — $64.0m $79.0m $95.0m $108.0m
Profit or Loss — $2.5b $2.2b $2.3b $2.6b $3.0b $3.0b $3.2b $3.2b —
Expenditure on property, plant and equipment and intangibles, net of sale proceeds ($411.0m) ($310.0m) ($349.0m) ($465.0m) $285.0m ($290.0m) ($319.0m) ($266.0m) ($263.0m) ($306.0m)
Capital Expenditure — — — — — — ($319.0m) ($266.0m) ($263.0m) ($306.0m)
Capital Expenditure Reported — $310.0m $349.0m $465.0m — — ($319.0m) ($266.0m) ($263.0m) ($306.0m)
Payment for acquisition of business, net of cash acquired — ($4.0m) ($77.0m) ($252.0m) ($165.0m) — ($113.0m) — ($377.0m) ($76.0m)
Net Investment Purchase And Sale — — — — — — $122.0m ($543.0m) $217.0m $318.0m
Purchase Of Investment — — — — — — ($10.7b) ($10.5b) ($10.6b) ($10.9b)
Sale Of Investment — — — — — — $10.8b $9.9b $10.8b $11.2b
Net Other Investing Changes — — — — — — ($28.0m) $3.0m ($51.0m) ($23.0m)
Net cash used in investing activities ($2.5b) $482.0m ($225.0m) ($242.0m) ($1.1b) ($1.0b) ($218.0m) ($708.0m) ($361.0m) $10.0m
Cash flows from financing activities:
Net Issuance Payments Of Debt — — — — — — ($151.0m) ($245.0m) ($396.0m) ($318.0m)
Net Long Term Debt Issuance — — — — — — ($151.0m) ($245.0m) ($396.0m) ($318.0m)
Long Term Debt Payments — — — — — — ($151.0m) ($245.0m) ($396.0m) ($318.0m)
Repayment Of Debt — — — — — — ($151.0m) ($245.0m) ($396.0m) ($318.0m)
Net Common Stock Issuance — — — — — — ($1.4b) $0 $0 ($2.0b)
Common Stock Payments — — — — — — ($1.4b) $0 $0 ($2.0b)
Dividends paid — $1k $2k $1k $1k $2k $2k $2k $2k —
Dividends Paid Classified As Financing Activities — $1k $2k $1k $1k $2k $2k $2k $2k —
Interest and dividend income ($51.0m) ($129.0m) ($130.0m) ($68.0m) ($77.0m) ($108.0m) ($139.0m) ($138.0m) ($139.0m) ($127.0m)
Interest and dividend received $32.0m $67.0m $79.0m $52.0m $70.0m $109.0m $120.0m $110.0m $113.0m $98.0m
Payment of dividends ($1k) ($1k) ($2k) ($1k) ($1k) ($2k) ($2k) ($2k) ($2k) ($2k)
Payment of dividends to non-controlling interests of subsidiary — — — ($5) ($3) ($11) ($3) ($5) — —
Cash Dividends Paid — — — — — — ($1.7b) ($1.8b) ($2.4b) ($2.1b)
Common Stock Dividend Paid — — — — — ($1.7b) ($1.7b) — — —
Net Other Financing Charges — — — — — — ($46.0m) ($95.0m) ($64.0m) ($28.0m)
Effect of exchange rate changes on cash and cash equivalents $34.0m $18.0m ($184.0m) ($220.0m) $103.0m ($90.0m) ($171.0m) ($32.0m) ($27.0m) ($84.0m)
Effect Of Exchange Rate Changes — — — — — — ($171.0m) ($32.0m) ($27.0m) ($84.0m)
Net increase/(decrease) in cash and cash equivalents ($1.5b) ($458.0m) ($36.0m) ($144.0m) $812.0m ($985.0m) ($653.0m) $324.0m $1.1b ($436.0m)
Cash and cash equivalents at the beginning $4.9b $3.5b $3.0b $2.5b $3.4b $2.3b $1.5b $1.8b $2.9b $2.3b
Restricted cash balance $88.0m $82.0m $52.0m $52.0m $69.0m $62.0m $44.0m $42.0m $50.0m $44.0m
Change In Cash Supplemental As Reported — — — — — — ($653.0m) $324.0m $1.1b ($436.0m)
Income Taxes Paid Refund Classified As Operating Activities ($843.0m) $1.1b $975.0m $639.0m $863.0m $1.0b $1.1b $1.1b $662.0m ($973.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.