ICICI Bank 2005 Annual Report Download - page 66

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F6
forming part of the Balance Sheet (Contd.)
SCHEDULE 2 — RESERVES AND SURPLUS
I. Statutory reserve
Opening balance ...................................................................................... 9,607,307 5,514,307
Additions during the year........................................................................ 5,020,000 4,093,000
Deductions during the year .................................................................... ——
——
———
——
—
Closing balance ........................................................................................ 14,627,307 9,607,307
II. Special reserve
Opening balance ...................................................................................... 11,690,000 11,440,000
Additions during the year........................................................................ 250,000 250,000
Deductions during the year .................................................................... ——
——
———
——
—
Closing balance ........................................................................................ 11,940,000 11,690,000
III. Share premium
Opening balance ...................................................................................... 8,523,304 8,045,721
Additions during the year 1..................................................................... 31,897,100 477,583
Deductions during the year 2.................................................................. 528,052 ——
——
—
Closing balance ........................................................................................ 39,892,352 8,523,304
IV. Investment fluctuation reserve
Opening balance ...................................................................................... 7,303,350 1,273,350
Additions during the year........................................................................ —6,030,000
Deductions during the year .................................................................... 2,143,350 ——
——
—
Closing balance ........................................................................................ 5,160,000 7,303,350
V. Capital reserve
Opening balance ...................................................................................... 4,650,000 2,000,000
Additions during the year........................................................................ 200,000 2,650,000
Deductions during the year .................................................................... ——
——
———
——
—
Closing balance ........................................................................................ 4,850,000 4,650,000
VI. Revenue and other reserves
Opening balance ...................................................................................... 31,636,724 34,906,724
Additions during the year........................................................................ 8,143,350 ——
——
—
Deductions during the year .................................................................... —3,270,000
Closing balance ........................................................................................ 39,780,074 31,636,724
VII. Balance in profit and loss account ......................................................... 1,882,221 530,876
TOTAL ........................................................................................................ 118,131,954 73,941,561
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 public 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)