In the last 25 years, Infosys has been growing and growing.

Today, Infosys is India's second largest software exporter. It now enjoys a strong liquidity position with over Rs 6,000 crore (Rs 60 billion) in assets, including surplus cash.

During 2005-2006, the Infosys internal cash accruals more adequately covered working capital requirements, capital expenditure and dividend payments leaving a surplus of Rs 1,612 crore (Rs 16.12 billion).

As on March 2006, the company had liquid assets including investments in liquid mutual funds of Rs 4,463 crore (Rs 44.63 billion). This collectively makes the liquidity strength of Infosys at Rs 6,078 crore (Rs 60.78 billion).

Where are these funds parked?

These funds have been deposited with banks, highly rated financial institutions and in liquid mutual funds. Infosys last year derived an average yield of 4.48 per cent (tax free) from these investments.

The company received Rs 647 crore (Rs 6.47 billion) on exercise of stock options by employees and cash equivalents including liquid mutual funds increased by Rs 1,612 crore during 2005-06.

Key milestones
Year of Incorporation :	1981
Became a public limited company in India :	1992
ISO 9001/TickIT Certification :	1993
Attained SEI-CMM Level 4 :	1997
Listed on NASDAQ :	1999
Crossed $100 million in annual revenues :	1999
Attained SEI-CMM Level 5 :	1999
Crossed $400 million in revenues :	2001
Crossed $ half a billion in revenues :	2002
Crossed $ billion in revenues :	2004
Crossed $ 2 billion in revenues :	2006