ICICI Bank 2003 Annual Report Download - page 71

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F7
(Rs. in ‘000s) As on
31.03.2002
SCHEDULE 2 — RESERVES AND SURPLUS
I. Statutory Reserve
Opening balance ........................................................................... 2,494,307 1,844,307
Additions during the year .............................................................. 3,020,000 650,000
Deductions during the year ........................................................... ——
Closing balance ............................................................................. 5,514,307 2,494,307
II. Debenture Redemption Reserve
Opening balance ........................................................................... 100,000 —
Additions during the year .............................................................. —100,000
Deductions during the year ........................................................... 100,000 —
Closing balance ............................................................................. —100,000
III. Special Reserve
Opening balance ........................................................................... 10,940,000 —
Additions during the year .............................................................. 500,000 10,940,000
Deductions during the year ........................................................... ——
Closing balance ............................................................................. 11,440,000 10,940,000
IV. Share Premium
Opening balance * ......................................................................... 8,021,352 8,014,085
Additions during the year on (exercise of employee stock options) . 285 —
Deductions during the year ........................................................... ——
Closing balance ............................................................................. 8,021,637 8,014,085
V. Investment Fluctuation Reserve
Opening balance ........................................................................... 273,350 113,350
Additions during the year .............................................................. 1,000,000 160,000
Deductions during the year ........................................................... ——
Closing balance ............................................................................. 1,273,350 273,350
VI. Capital Reserve
Opening balance ........................................................................... ——
Additions during the year .............................................................. 2,000,000 —
Deductions during the year ........................................................... ——
Closing balance ............................................................................. 2,000,000 —
VII. Revenue and other Reserves
Opening balance ........................................................................... **34,306,724 911,206
Additions during the year .............................................................. 600,000 33,395,518
Deductions during the year ........................................................... ——
Closing balance ............................................................................. 34,906,724 **34,306,724
VIII. Balance in Profit and Loss Account............................................... 50,520 195,614
TOTAL ............................................................................................ 63,206,538 56,324,080
* Net of Share Premium in Arrears Rs. 24.1 million. [Previous year Rs. 31.4 million]
** Includes
a) amount transferred on amalgamation of Bank of Madura Limited Rs. 20.7 million.
b) Rs. 117.7 million being excess of face value of equity shares issued over net assets and reserves of Bank of
Madura Limited on amalgamation.
c) Rs. 32,108.2 million on amalgamation with ICICI Limited, ICICI Personal Financial Services Limited and ICICI Capital
Services Limited.
d) Rs. 960.0 million transferred from Profit and Loss Account.
Net of e) Rs. 327.3 million being deferred tax liability as at March 31, 2001 in accordance with the transitional provisions of
Accounting Standard 22 on “Accounting for Income-Taxes.”
forming part of the Balance Sheet Continued
schedules