Company: INFY
Filing Date: 2025-07-01
Form Type: 20-F
Source: 0000950170-25-091925
Chunk: 237

Company: Infosys Ltd
Filing Date: 2025-07-01
Form: 20-F
Item: Item 18
Chunk 237
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 474
Lease liabilities                                                                       1,002                         —                                                                 —                     —                                —                     1,002                       1,002
Derivative financial instruments                                                        —                             —                                                                 4                     —                                —                         4                           4
Financial liability under option arrangements (Refer to Note 2.5)                       —                             —                                                                72                     —                                —                        72                          72
Other liabilities including contingent consideration (Refer to Note 2.5)                1,887                         —                                                                 —                     —                                —                     1,887                       1,887
Total                                                                                   3,363                         —                                                                76                     —                                —                     3,439                       3,439

(1)On account of fair value changes including interest accrued
(2)Excludes interest accrued on quoted debt securities carried at amortized cost of $10 million
(3)Excludes unbilled revenue on contracts where the right to consideration is dependent on completion of contractual milestones

For trade receivables, trade payables, other assets and payables maturing within one year from the balance sheet date, the carrying amounts approximate fair value due to the short maturity of these instruments.
Fair value hierarchy
Level 1 - Quoted prices (unadjusted) in active markets for identical assets or liabilities.
Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices).
Level 3 - Inputs for the assets or liabilities that are not based on observable market data (unobservable inputs).

 

The fair value hierarchy of assets and liabilities measured at fair value on a recurring basis as of March 31, 2025 is as follows:

(Dollars in millions)                                                                                                                          
                                                                                     As of        Fair value measurement at end of             
                                                                            March 31, 2025        the reporting year using                     
                                                                                                  Level 1            Level 2            Level 3
Assets                                                                                                                                         
Investments (Refer to note 2.2)                                                                                                                
Investments in liquid mutual fund units                                                229            229            —                        —
Investments in target maturity fund units                                               54             54            —                        —
Investments in quoted debt securities                                                1,602        1,533                   69                  —
Investments in certificates of deposit                                                 410        —                      410                  —
Investments in commercial paper