Satyam Computer - Reconciliation As Per Indian GAAP & US GAAP

Satyam Computer Services Ltd has announced statement showing reconciliation between net profit as per Indian GAAP and US GAAP consolidated financial statements for the quarter ended March 31, 2007 is as follows: (US $ million)Sr.No.ParticularsQuarter endedQuarter endedMar 31, 2007Mar 31, 2006(unaudited)(unaudited)-1. Profit as per Indian GAAPConsolidated Financial Statements$89.4$64.32. Profit / (Loss) of subsidiariesan associated Companies-(0.1)3. Stock-based compensation(2.0)(0.4)4. Sale of shares in Sify Ltd, --5. Others, net(1.1)(1.5)6. Total adjustments (2 to 5)(3.1)(2.0)7. Net Income as per US GAAP$ 86.3$ 62.3Financial Statements Satyam Computer Services Ltd has announced statement showing reconciliation between net profit as per Indian GAAP and US GAAP consolidated financial statements for the year ended March 31, 2007 is as follows: (US $ million)Sr.No.ParticularsYear endedYear endedMar 31, 2007Mar 31, 2006(unaudited)(audited)1. Profit as per Indian GAAPConsolidated Financial Statements$311.9$257.22. Profit / (Loss) of subsidiariesan associated Companies-(0.2)3. Stock-based compensation(12.0)(0.8)4. Sale of shares in Sify Ltd, -0.65. Others, net(1.5)(7.4)6. Total adjustments (2 to 5)(13.5)(7.8)7. Net Income as per US GAAP$ 298.4$ 249.4Financial Statements