ICICI Bank 2005 Annual Report Download - page 124

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F64
Financial information of subsidiaries for the year ended March 31, 2005
Rupees in million
ICICIICICI
ICICIICICI
ICICI ICICIICICI
ICICIICICI
ICICI ICICIICICI
ICICIICICI
ICICI ICICIICICI
ICICIICICI
ICICI
ICICIICICI
ICICIICICI
ICICI InvestmentInvestment
InvestmentInvestment
Investment VentureVenture
VentureVenture
Venture ICICIICICI
ICICIICICI
ICICI LombardLombard
LombardLombard
Lombard DistriDistri
DistriDistri
Distri--
--
-
ICICIICICI
ICICIICICI
ICICI ICICIICICI
ICICIICICI
ICICI HomeHome
HomeHome
Home ICICIICICI
ICICIICICI
ICICI Manage-Manage-
Manage-Manage-
Manage- FundsFunds
FundsFunds
Funds PrudentialPrudential
PrudentialPrudential
Prudential GeneralGeneral
GeneralGeneral
General ICICIICICI
ICICIICICI
ICICI butionbution
butionbution
bution ICICIICICI
ICICIICICI
ICICI
ParticularsParticulars
ParticularsParticulars
Particulars ICICIICICI
ICICIICICI
ICICI BrokerageBrokerage
BrokerageBrokerage
Brokerage ICICIICICI
ICICIICICI
ICICI SecuritiesSecurities
SecuritiesSecurities
Securities FinanceFinance
FinanceFinance
Finance TrusteeshipTrusteeship
TrusteeshipTrusteeship
Trusteeship mentment
mentment
ment
ManagementM anagement
ManagementM anagement
Management
LifeLife
LifeLife
Life InsuranceInsurance
InsuranceInsurance
Insurance Inter Inter
Inter Inter
Inter--
--
-FinanceFinance
FinanceFinance
Finance BankBank
BankBank
Bank
ICICIICICI
ICICIICICI
ICICI
SecuritiesSecurities
SecuritiesSecurities
Securities ServicesServices
ServicesServices
Services SecuritiesSecurities
SecuritiesSecurities
Securities HoldingsHoldings
HoldingsHoldings
Holdings CompanyCompany
CompanyCompany
Company ServicesServices
ServicesServices
Services CompanyCompany
CompanyCompany
Company CompanyCompany
CompanyCompany
Company InsuranceInsurance
InsuranceInsurance
Insurance CompanyCompany
CompanyCompany
Company nationalnational
nationalnational
national PrivatePrivate
PrivatePrivate
Private UKUK
UKUK
UK
BankBank
BankBank
Bank
LimitedLimited
LimitedLimited
Limited LimitedLimited
LimitedLimited
Limited Inc.Inc.
Inc.Inc.
Inc. Inc. Inc.
Inc. Inc.
Inc. LimitedLimited
LimitedLimited
Limited LimitedLimited
LimitedLimited
Limited LimitedLimited
LimitedLimited
Limited LimitedLimited
LimitedLimited
Limited CompanyCompany
CompanyCompany
Company LimitedLimited
LimitedLimited
Limited LimitedLimited
LimitedLimited
Limited LimitedLimited
LimitedLimited
Limited LimitedLimited
LimitedLimited
Limited
CanadaCanada
CanadaCanada
Canada
Paid-Up Share Capital 2,030.0 45.0 48.3 75.0 1,550.0 0.5 100.0 23.4 9,250.0 2,200.0 17.5 87.5 6,561.8 902.1
Reserves 2,160.6 419.2 (7.8) (21.1) 365.5 0.8 18.0 343.1 (6,332.0) 360.6 5.6 451.0 1.0 (205.0)
Total Assets 13,727.5 866.2 54.5 55.7 30,911.9 1.6 122.5 486.7 41,269.0 7,689.2 25.7 629.8 44,565.7 4,514.9
Total Liabilities (excluding
Capital and Reserves) 9,536.9 402.0 14.0 1.8 28,996.4 0.3 4.5 120.2 38,351.0 5,128.6 2.6 91.3 38,002.9 3,817.8
Investments (excluding
investments
in subsidiaries) 721.5 - - 48.3 320.5 - 14.4 231.0 11,254.9 4,640.9 13.1 - 7,365.8 2,189.5
Turnover - (Gross Income from
Operations) 564.8 471.3 43.3 6.9 2,314.8 0.3 7.3 676.3 24,294.0 8,851.7 4.5 7.7 1,002.3 64.6
Profit before Tax (PBT) 844.6 137.6 1.0 (13.4) 137.6 0.3 3.5 501.1 (2,224.1) 538.7 - 19.5 124.2 (287.6)
Provision for Taxation 280.6 53.2 - - 37.5 0.1 1.4 177.1 (107.9) 55.3 - 3.4 24.9 (82.6)
Profit after Tax (PAT) 564.0 84.4 1.0 (13.4) 100.1 0.2 2.1 324.0 (2,116.2) 483.4 - 16.1 99.3 (205.0)
Proposed Equity Dividend - - - - - - - - - - - - - -
Notes:
1. The above financial information of the subsidiaries is for the year ended March 31, 2005 except ICICI Bank Canada, which is for the period September 12, 2003
to December 31, 2004 (first financial year).
2. ICICI Brokerage Services Limited and ICICI Securities Holdings Inc. are wholly owned subsidiaries of ICICI Securities Limited. ICICI Securities Inc. is a wholly
owned subsidiary of ICICI Securities Holdings Inc. Hence ICICI Brokerage Services Ltd, ICICI Securities Holdings Inc. and ICICI Securities Inc. are indirect
subsidiaries of ICICI Bank.The financials of ICICI Securities Holdings Inc. and ICICI Securities Inc. have been translated into Indian Rupees as per the provisions
of AS-11-Accounting for the Effects of changes in Foreign Exchange Rates issued by the Institute of Chartered Accountants of India and audited by their
statutory auditors.
3. The financials of ICICI Bank UK Limited and ICICI International Limited have been translated into Indian Rupees at the closing rate on March 31,2005 of
1 USD= Rs 43.745.
4. The Paid-up Share capital of ICICI Home Finance Company Limited, ICICI Bank Canada and ICICI Bank UK Limited includes Paid-up Preference Share capital
of Rs 150.0 million, Rs 335.2 million and Rs 2,187.3 million, respectively.
5. The financials of ICICI Bank Canada have been translated into Indian Rupees at the closing rate on December 31, 2004 of 1 CAD= Rs 36.0825
JYOTIN MEHTA
General Manager &
Company Secretary
Place : Mumbai
Date : April 30, 2005
For and on behalf of the Board of Directors
N. VAGHUL
Chairman
LALITA D. GUPTE
Joint Managing Director
CHANDA D. KOCHHAR
Executive Director
N. S. KANNAN
Chief Financial Officer &
Treasurer
K. V. KAMATH
Managing Director & CEO
KALPANA MORPARIA
Deputy Managing Director
NACHIKET MOR
Executive Director
G. VENKATAKRISHNAN
General Manager -
Accounting & Taxation Group