ICICI Bank 2003 Annual Report Download - page 102

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F38
schedules
forming part of the Consolidated Profit and Loss Account for the year ended March 31, 2003
SCHEDULE 13 — INTEREST EARNED
I. Interest/discount on advances/bills .............................................. 61,628,197 7,725,058
II. Income on investments ................................................................ 30,889,875 12,349,422
III. Interest on balances with Reserve Bank of India and other inter-
bank funds .................................................................................... 2,368,947 1,226,299
IV. Others ............................................................................................ 2,021,176 238,275
TOTAL ............................................................................................ 96,908,195 21,539,054
SCHEDULE 14 — OTHER INCOME
I. Commission, exchange and brokerage ....................................... 8,660,753 2,308,887
II. Profit/(Loss) on sale of investments (net) ................................... 5,866,324 3,057,134
III. Profit/(Loss) on revaluation of investments (net) ........................ 1,487 (126,432)
IV. Profit/(Loss) on sale of land, buildings and other assets (net) .. (66,586) (627)
V. Profit/(Loss) on foreign exchange transactions (net) (including
premium amortisation) .................................................................. 102,431 372,200
VI. Income earned by way of dividends, etc. from subsidiary
companies and/or joint ventures abroad/in India ....................... ——
VII. Miscellaneous Income (Including Lease Income) ....................... 10,674,602 180,099
TOTAL ............................................................................................ 25,239,011 5,791,261
SCHEDULE 15 — INTEREST EXPENDED
I. Interest on deposits ...................................................................... 24,797,095 13,896,190
II. Interest on Reserve Bank of India/inter-bank borrowings .......... 3,076,050 478,387
III. Others ............................................................................................ 53,394,759 1,228,599
TOTAL ............................................................................................ 81,267,904 15,603,176
SCHEDULE 16 — OPERATING EXPENSES
I. Payments to and provisions for employees ............................... 4,894,633 1,475,464
II. Rent, taxes and lighting ............................................................... 1,439,530 664,685
III. Printing and Stationery ................................................................. 807,914 353,022
IV. Advertisement and publicity ......................................................... 892,789 79,657
V. Depreciation on Bank’s property ................................................. 2,035,237 526,791
VI. Depreciation on leased assets ..................................................... 3,166,538 115,000
VII. Directors’ fees, allowances and expenses .................................. 2,199 1,569
VIII. Auditors’ fees and expenses (including branch auditors) .......... 20,252 3,105
IX. Law Charges ................................................................................. 178,387 15,149
X. Postages, Telegrams, Telephones, etc. ....................................... 1,133,398 377,703
XI. Repairs and maintenance ............................................................. 1,555,653 783,916
XII. Insurance ....................................................................................... 269,697 141,533
XIII. Other expenditure* ....................................................................... 11,086,314 **1,717,207
TOTAL ............................................................................................ 27,482,541 6,254,801
* Includes Rs. 2,588.1 million (Previous year Rs. 0.9 million) for
Premium ceded and Change in liability for life policies in force.
** Includes Rs. 91.5 million amortisation of ADS issue expenses.
SCHEDULE 17 — PROVISIONS AND CONTINGENCIES
I. Income Tax
– Current period tax ................................................................ 2,957,051 1,213,300
– Deferred Tax adjustment ..................................................... (6,518,520) (903,300)
II. Wealth Tax ..................................................................................... 22,500 5,000
III. Additional depreciation/(write-back of depreciation) on investments . 2,444,174 (137,436)
IV. Provision for advances (net) ......................................................... 13,282,615 2,682,900
V. Prudential provision on standard assets ..................................... 1,540,000 —
VI. Others ............................................................................................ 63,900 27,000
13,791,720 2,887,464
(Rs. in ‘000s) Year ended
31.03.2002