Sify Technologies Limited

(NASDAQ:SIFY)
  Mar 31, 2008 Dec 31, 2007 Sep 30, 2007
Assets
Current Assets
Cash & Equivalents 37,639 32,032 50,365
Restricted Cash — 15,963 —
Marketable Securities — 613 513
Accounts Receivable 42,364 50,424 42,232
Loans Receivable — — 165
Other Receivable 13,126 — —
Receivables 55,490 50,424 42,397
Raw Materials — — —
Work in Progress — — —
Purchased Components — — —
Finished Goods — — —
Other Inventories 943 889 920
Inventories Adjustments and Allowances — — —
Inventories 943 889 920
Prepaid Expenses 3,764 3,254 2,396
Current Deferred Income Taxes — — —
Other Current Assets 636 7,503 7,946
Total Current Assets 98,472 110,678 104,537
Land and Improvements — — —
Building and Improvements 19,242 — —
Machinery Furniture and Equipment 116,776 — —
Construction in Progress — — —
Other Fixed Assets 2,799 127,354 164,382
Total Fixed Assets 138,817 127,354 164,382
Gross Fixed Assets 138,816 127,354 124,210
Accumulated Depreciation and Depletion 84,299 77,859 77,859
Net Fixed Assets 54,517 49,495 46,351
Intangibles 4,555 — —
Cost in Excess — 4,632 4,618
Non Current Deferred Income Taxes 389 340 1,050
Other Non Current Assets 34,739 21,399 18,446
Total Non Current Assets 94,200 75,866 70,465
Total Assets 192,672 186,544 175,002
Liabilities
Current Liabilities
Accounts Payable 37,515 23,150 15,420
Notes Payable — — —
Short Term Debt 19,414 6,104 826
Accrued Expenses — — —
Accrued Liabilities — 20,133 21,984
Deferred Revenues 9,204 12,900 13,815
Current Deferred Income Tax Liabilities — — —
Other Current Liabilities — 5,512 6,477
Total Current Liabilities 66,133 67,799 58,522
Non Current Liabilities
Long Term Debt — — —
Capital Lease Obligations 62 83 107
Deferred Income Tax Liabilities — — —
Other Non Current Liabilities 4,166 3,601 3,458
Minority Interest Liabilities 4,995 4,815 4,628
Preferred Securities of Subsidiary Trust Liabilities — — —
Preferred Equity Outside Stock Equity — — —
Total Non Current Liabilities 75,356 76,298 66,715
Total Liabilities 9,223 8,499 8,193
Shareholders' Equity
Preferred Stock Equity — — —
Common Stock Equity 117,316 110,246 108,287
Common Par 11,020 10,865 10,772
Additional Paid in Capital 409,012 415,378 411,566
Cumulative Translation Adjustment — — —
Retained Earnings -306,445 -316,239 -314,193
Treasury Stock — — —
Other Equity Adjustments 3,729 242 142
Total Capitalization 117,316 110,246 108,287
Cash Flow 9,735 9,774 9,643
Working Capital 32,339 42,879 46,015
Free Cash Flow -44,402 -15,827 -7,327
Invested Capital 117,378 110,329 108,394
Total Equity 117,316 110,246 108,287
Total Liabilities and Stock Equity 192,672 186,544 175,002