Page 81 - HCL Foundation2

Notes to the above financial statements:
1. This is based on unaudited numbers.
2. Capex is considered as an expenditure in this report as from HCL Tech’s perspective this is CSR
expenditure.
3. The expenditure provided is the total expenditure by HCL Foundation. However the
contributions have been received as below:

DESCREPTION TOTAL
HCL Technologies Limited Contribution 3,909.08
HCL Comnet Ltd. Contribution 22.66
Statestreet HCL Services Pvt Ltd Contribution 75.71
Contribution from Power of One 118.62
Other Misc contributions from employees 1.28
Interest received on AXIS Savings Bank A/C 2.16
Total 4,129.51

4. The provision for expenditure as on 31st Mar’17 has not been considered and will be included in
the next year report as project expenditure is considered on payment basis for this report.
5. Col. H of the attached report talks about cumulative expenditure, currently we have considered
the expenditure for FY 2016-17.
6. The updated foot note is as below:

The Company undertakes CSR activities through HCL Foundation, a Trust established by the Company and through
implementing agencies. During the year, the Company has contributed z 3,864.12 lacs for CSR activities. In addition,
the Company has contributed Q 44.94 lacs for disaster relief for Chennai floods. The Trust, apart from Company’s
contribution, also collected contribution from others to the extent of Q 218.27 lacs and earned interest of Q 2.16 lacs on
savings bank account. The total amount spent towards CSR and other charitable activities during the year was Q 4108.31
lacs. The Cash/ other advance balances as on April 1, 2016, and March 31, 2017 with HCL Foundation were Q 47.17 lacs and
Q 68.37 lacs respectively.

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