ICICI Bank 2005 Annual Report Download - page 100

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F40
SCHEDULE 2 — RESERVES AND SURPLUS
I. Statutory reserve
Opening balance (other than joint ventures) ........................................ 9,772,027 5,672,327
Additions during the year (other than joint ventures) .......................... 5,023,226 4,099,700
Deductions during the year for others (Transferred to revenue and
other reserves) ......................................................................................... 158,009 —
Closing balance ........................................................................................ 14,637,244 9,772,027
II. Special reserve
Opening balance (other than joint ventures) ........................................ 11,924,946 11,585,396
Additions during the year (other than joint ventures) .......................... 359,156 339,550
Deductions during the year .................................................................... — —
Closing balance ........................................................................................ 12,284,102 11,924,946
III. Share premium
Opening balance for others .................................................................... 8,636,104 8,158,521
Additions during the year (other than joint ventures)1......................... 31,897,100 477,583
Deductions during the year (other than joint ventures) 2 ..................... 528,052 —
Closing balance ........................................................................................ 40,005,152 8,636,104
IV. Investment fluctuation reserve
Opening balance (other than joint ventures) ........................................ 7,803,326 1,293,372
Additions during the year (other than joint ventures) .......................... 853,627 6,520,396
Deductions during the year (other than joint ventures) ...................... 2,550,895 10,442
Closing balance ........................................................................................ 6,106,058 7,803,326
V. Capital reserve
Opening balance (other than joint ventures) ........................................ 4,813,166 2,137,700
Additions during the year (other than joint ventures) .......................... 200,000 2,679,253
Deductions during the year (other than joint ventures) ...................... — 3,787
Closing balance ........................................................................................ 5,013,166 4,813,166
VI. Revenue and other reserves
Opening balance for joint ventures ....................................................... 227,900 220,300
Opening balance for others .................................................................... 28,217,730 31,540,484
Additions during the year for joint ventures ......................................... 948 131,165
Additions during the year for others...................................................... 8,990,576 —
Deductions during the year for others .................................................. 106,864 3,446,319
Closing balance ........................................................................................ 37,330,290 28,445,630
TOTAL ........................................................................................................ 115,376,012 71,395,199
1Includes :-
a) Rs. 29,396.1 million [net of share premium in arrears of Rs. Nil (March 31, 2004: Rs. Nil)] consequent to public
issue vide prospectus dated April 12, 2004.
b) Rs. 1,887.9 million on the exercise of the Green Shoe Option.
c) Rs. 602.5 million (March 31, 2004: Rs.477.6 million) on exercise of employee stock options.
d) Rs.2.5 million (March 31, 2004: Rs.Nil) on account of share application money on exercise of employee stock
options.
e) Rs. 8.1 million (March 31, 2004: Rs.Nil) on account of shares forfeited as per terms of equity issue vide prospectus
dated April 12, 2004.
2Represents share issue expenses amounting to Rs. 528.1 million, written-off from the share premium account as per
the object of the issue.
schedules
As on As on
31.03.2005 31.03.2004
(Rs. in ‘000s)
forming part of the Consolidated Balance Sheet (Contd.)