Other liabilities comprise the following:
|
|
|
|
|
|
|
|
|
|
|
(Dollars in millions) |
|
|
|
As of |
|
|
|
March 31, 2024 |
|
|
March 31, 2023 |
|
Current |
|
|
|
|
|
|
Accrued compensation to employees(1) |
|
|
534 |
|
|
|
508 |
|
Accrued defined benefit liability (Refer to Note 2.14)(3) |
|
|
1 |
|
|
|
— |
|
Accrued expenses(1) |
|
|
986 |
|
|
|
949 |
|
Withholding taxes and others(3) |
|
|
382 |
|
|
|
442 |
|
Liabilities of controlled trusts (1) |
|
|
25 |
|
|
|
26 |
|
Liability towards contingent consideration(2) |
|
|
— |
|
|
|
12 |
|
Capital creditors(1) |
|
|
37 |
|
|
|
82 |
|
Financial liability under option arrangements(2)(5) |
|
|
60 |
|
|
|
73 |
|
Other non-financial liabilities(3) |
|
|
1 |
|
|
|
4 |
|
Other financial liabilities (1)(4) |
|
|
73 |
|
|
|
307 |
|
Total Current other liabilities |
|
|
2,099 |
|
|
|
2,403 |
|
Non-current |
|
|
|
|
|
|
Accrued compensation to employees(1) |
|
|
1 |
|
|
|
1 |
|
Accrued expenses(1) |
|
|
213 |
|
|
|
198 |
|
Accrued defined benefit liability (Refer to Note 2.14)(3) |
|
|
19 |
|
|
|
54 |
|
Financial liability under option arrangements(2)(5) |
|
|
12 |
|
|
|
— |
|
Other non-financial liabilities(3) |
|
|
10 |
|
|
|
7 |
|
Other financial liabilities (1)(4) |
|
|
18 |
|
|
|
41 |
|
Total Non-current other liabilities |
|
|
273 |
|
|
|
301 |
|
Total other liabilities |
|
|
2,372 |
|
|
|
2,704 |
|
(1) Financial liability carried at amortized cost |
|
|
1,887 |
|
|
|
2,112 |
|
(2) Financial liability carried at fair value through profit or loss |
|
|
72 |
|
|
|
85 |
|
Financial liability under option arrangements on undiscounted basis (Refer to Note 2.5) |
|
|
83 |
|
|
|
82 |
|
Financial liability towards contingent consideration on undiscounted basis (Refer to Note 2.10) |
|
|
— |
|
|
|
12 |
|
(3) Non-financial liabilities
|