ICICI Bank 2005 Annual Report Download - page 71

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F11
forming part of the Profit and Loss Account
schedules
Year ended Year ended
31.03.2005 31.03.2004
SCHEDULE 13 — INTEREST EARNED
I. Interest/discount on advances/bills ....................................................... 67,528,301 60,738,528
II. Income on investments .......................................................................... 22,294,366 25,400,941
III. Interest on balances with Reserve Bank of India and other inter-bank funds 2,320,089 2,106,345
IV. Others* ...................................................................................................... 1,956,188 1,778,132
TOTAL ........................................................................................................ 94,098,944 90,023,946
* Includes interest on income tax refunds Rs. 247.3 million (March 31, 2004 Rs. 406.1 million).
SCHEDULE 14 — OTHER INCOME
I. Commission, exchange and brokerage ................................................. 19,210,001 10,717,982
II. Profit/(Loss) on sale of investments (net).............................................. 5,461,352 12,246,330
III. Profit/(Loss) on revaluation of investments (net).................................. (907) ——
——
—
IV. Profit/(Loss) on sale of land, buildings and other assets (net)* .......... (20,822) (19,136)
V. Profit/(Loss) on foreign exchange transactions (net)............................ 3,146,394 1,926,267
VI. Income earned by way of dividends, etc. from subsidiary
companies and/or joint ventures abroad/ in India ................................ 1,880,786 1,261,730
VII. Miscellaneous Income (including lease income).................................. 4,484,635 4,516,055
TOTAL ........................................................................................................ 34,161,439 30,649,228
* Includes profit/(loss) on sale of assets given on lease.
SCHEDULE 15 — INTEREST EXPENDED
I. Interest on deposits................................................................................. 32,520,688 30,230,202
II. Interest on Reserve Bank of India/inter-bank borrowings ................... 2,527,689 2,293,656
III. Others (including interest on borrowings of erstwhile ICICI Limited)* 30,660,499 37,628,634
TOTAL ........................................................................................................ 65,708,876 70,152,492
* Includes expenses incurred to raise funds amounting to Rs. 252.6 million (March 31, 2004: Rs. 297.4 million).
SCHEDULE 16 — OPERATING EXPENSES
I. Payments to and provisions for employees .......................................... 7,374,121 5,460,573
II. Rent, taxes and lighting .......................................................................... 1,853,347 1,492,502
III. Printing and Stationery ............................................................................ 876,632 861,008
IV. Advertisement and publicity................................................................... 1,162,555 686,788
V. Depreciation on Bank’s property (including non banking assets)....... 2,933,725 2,609,344
VI. Depreciation (including lease equalisation) on Leased assets ........... 2,969,907 2,785,069
VII. Directors’ fees, allowances and expenses ........................................... 3,872 3,650
VIII. Auditors’ fees and expenses .................................................................. 17,632 16,750
IX. Law Charges ............................................................................................. 97,141 86,895
X. Postages, Telegrams, Telephones, etc. ................................................. 1,736,270 1,415,019
XI. Repairs and maintenance........................................................................ 2,159,454 1,895,723
XII. Insurance .................................................................................................. 597,230 334,991
XIII. Direct marketing agency expenses ........................................................ 4,854,521 2,937,004
XIV. Other expenditure.................................................................................... 6,355,068 5,127,009
TOTAL ........................................................................................................ 32,991,475 25,712,325
SCHEDULE 17 — PROVISIONS AND CONTINGENCIES
I. Income Tax
- Current period tax ............................................................................ 1,764,935 2,695,947
- Deferred tax adjustment ................................................................. 3,425,081 (68,800)
II. Wealth Tax ................................................................................................ 30,000 24,000
III. Provision for investments (including credit subsitutes) (net) ............. 5,415,587 987,056
IV. Provision for advances (net)* .................................................................. (1,213,571) 4,591,155
V. Others ....................................................................................................... 85,984 207,936
TOTAL ........................................................................................................ 9,508,016 8,437,294
* Includes provision on non performing advances, non performing leased assets, other receivables and standard
assets.
(Rs. in ‘000s)