kolkata despite a robust performance during 200001 leading software company satyam computer services ltd has expressed concern about future growth prospects in view of the slowdown in the us economy the hyderabadbased company which has posted a jump of nearly 135 per cent in its net profit during 200001 however is cautiously optmistic about growth prospects in the current financial year according to its annual report the company in a management discussion and analysis paper incorporated in the 14th annual report stated that continued dependance on north america was an issue for concern and the slowdown of the us economy coupled with continued recession in japan had led to uncertainty over growth prospects for the fiscal 200102 satyam which is listed on the new york stock exchange earned a revenue of rs 124167 crore a growth of 8286 per cent and a posttax profit of rs 48628 crore in the financial year 200001 to mitigate the threat of recession in the us economy the company was in the process of taking up various initiative to increase business in nonus markets towards this end the company is planning to set up a dedicated centre for enterprise application integration at satyams european centre in the uk besides the company is also opening a middleeast solutions centre in dubai internet city and setting up a asiapacific headquarters in singapore the paper said the sectoral performance of the company during the previous year showed that offshore business constituted 5765 per cent of the revenue while onsite operations contributed the remaining 4235 per in terms of market dominance the north american market contributed 7649 per cent of the companys revenue followed by europe with 731 per cent and japan with 360 per cent and 126 per cent from the rest of the world the discussion paper also said that the company would make all efforts to enhance it capabilities through strategic joint venture and alliances in terms of both domain and technology expertise according to the paper satyam is looking at the opportunity for offshore vendors which will help the company in integrating new technologies with the existing mainframe and legacy systems in the forthcoming annual general meeting of satyam the company board would seek the nod from shareholders to allot additional employee stock option scheme to eligible managers either in the form of warrants fully convertible debentures or any other instrument not exceeding 5 per cent of the equity share capital of the company