You are given profit and loss accounts of same four companies for two consecutive years. Compare the summarized profit and loss accounts of the four companies available to you and explain the nature of income, and expenses, with their similarities and dissimilarities. Also, comment on the significant changes in the individual items in the recent year.

Data from Mini Case 2.4 of Chapter 2

In the following pages, you are being given the balance sheets of four different companies for the last two years. Please note that all the figures are in ₹ crore. Further, figures mentioned in brackets are deductions. Compare the summarized balance sheets of these four companies and explain the nature of assets, liabilities and owner(s)-equity, with their similarities and dissimilarities. Also comment on the significant changes in the individual items in the last one year.

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Profit and Loss -1 Income Income from software services Income from software products Income from software services and products Income received on deposits with banks and others Other items of 'other income' Other Income Total Revenue Expenses Employee benefit expenses Cost of technical subcontractors Travel expenses Cost of software packages and others Communication expenses INFOSYS TECHNOLOGIES LTD. Consolidated Statement of Profit and Loss Professional charges Depreciation and amortization expenses Other expenses Total Expenses Profit before tax Year Ended March 31, 2015 51,666 1,653 53,319 2,734 696 3,430 56,749 29,802 2,171 1,818 1,044 495 421 1,017 2,697 39,465 17,284 (all figures are in crore) Year Ended March 31, 2014 48,305 1,828 50,133 2,226 438 2,664 52,797 28,831 1,951 1,697 982 440 504 1,317 2,347 38,069 14,728