ICICI Bank 2003 Annual Report Download - page 97

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F33
schedules
forming part of the Consolidated Balance Sheet as on March 31, 2003
Continued
(Rs. in ‘000s) As on
31.03.2002
SCHEDULE 2 — RESERVES AND SURPLUS
I. Statutory Reserve
Opening balance ........................................................................... 2,627,337 1,844,307
Additions during the year ............................................................. 3,044,990 783,030
Deductions during the year ......................................................... ——
Closing balance ............................................................................. 5,672,327 2,627,337
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 ........................................................................... 10,973,030 —
Additions during the year ............................................................. 612,366 10,973,030
Deductions during the year ......................................................... ——
Closing balance ............................................................................. 11,585,396 10,973,030
IV. Share Premium
Opening balance* ......................................................................... 8,341,025 8,014,085
Additions during the year (on exercise of employee stock options) 285 319,670
Deductions during the year ......................................................... ——
Closing balance ............................................................................. 8,341,310 8,333,755
V. Investment Fluctuation Reserve
Opening balance ........................................................................... 403,950 113,350
Additions during the year ............................................................. 889,422 290,600
Deductions during the year ......................................................... ——
Closing balance ............................................................................. 1,293,372 403,950
VI. Capital Reserve
Opening balance ........................................................................... 141,300 —
Additions during the year ............................................................. 2,000,000 141,300
Deductions during the year** ...................................................... (3,600) —
Closing balance ............................................................................. 2,137,700 141,300
VII. Revenue and other Reserves
Opening balance ........................................................................... ***31,386,306 911,206
Additions during the year ............................................................. 167,607 30,475,100
Deductions during the year ......................................................... ——
Closing balance ............................................................................. 31,553,913 ***31,386,306
VII. Balance in Profit and Loss Account ............................................ 10,962 197,889
TOTAL ............................................................................................ 60,594,980 54,163,567
* Net of Share Premium in Arrears Rs. 24.1 million. [Previous year Rs. 31.4 million]
** Represents effect of deconsolidation of certain subsidiaries [Refer Schedule 18(A)(3)].
*** 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.”