ICICI Bank 2005 Annual Report Download - page 76

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F16
forming part of the Accounts (Contd.)
(Rupees in million)
Consumer and Investment Total
commercial banking banking
Particulars For the For the For the For the For the For the
year ended year ended year ended year ended year ended year ended
31.03.05 31.03.04 31.03.05 31.03.04 31.03.05 31.03.04
1. Revenue 106,436.9 95,819.3 30,926.2 35,902.8 137,363.1 131,722.1
2. Less: Inter segment revenue ————(9,102.7) (11,049.0)
3. Total revenue (1) –(2) ————128,260.4 120,673.1
4. Operating Profit (i.e. Profit
before unallocated
expenses, and tax) 19,760.7 12,984.2 10,183.3 12,080.1 29,944.0 25,064.3
5. Unallocated expenses ————384.0 256.0
6. Provisions (net) 814.1 5,542.8 3,473.9 243.4 4,288.0 5,786.2
7. Profit before tax 18,946.6 7,441.4 6,709.4 11,836.7 25,272.0 19,022.1
8. Income tax expenses (net) /
(net of deferred tax credit) ————5,220.0 2,651.1
9. Net profit(7)-(8) ————20,052.0 16,371.0
10. Segment assets 1,051,486.3 771,726.4 597,045.1 454,527.0 1,648,531.4 1,226,253.4
11. Unallocated assets ————28,062.7 26,035.3
12. Total assets(10)+ (11) ————1,676,594.1 1,252,288.7
13. Segment liabilities 1,291,932.4 978,706.4 384,661.7 273,582.3 1,676,594.1 1,252,288.7
14. Unallocated liabilities ——————
15. Total liabilities (13)+ (14) ————1,676,594.1 1,252,288.7
The business operations of the Bank are largely concentrated in India. The assets and income from foreign operations
are not significant to the overall operations of the Bank and have accordingly not been disclosed.
2. Preference Shares
Certain government securities amounting to Rs. 1,952.3 million (March 31, 2004: Rs. 1,455.1 million) have been
earmarked against redemption of preference share capital, which falls due for redemption on April 20, 2018, as per
the original issue terms.
3. Subordinated Debt
Subordinated debt includes index bonds amounting to Rs. 117.1 million (March 31, 2004: Rs. 105.1 million) which
carry a detachable warrant entitling bondholders to a right to receive an amount linked to the BSE Sensitive Index
(“Sensex”) per terms of the issue. During the year the Bank has raised subordinate debt amounting to Rs. 4,500.0
million under private placement bonds issued on February 28, 2005. Details of the same are as follows:
(Rupees in million)
Particulars Coupon Rate (%) Tenure Amount
Option I 1 Yr INBMK + 60 bps (To be reset six monthly) 5 years and 3 months 2,650.0
Option II 7.00 5 years and 3 months 350.0
Option III 7.10 7 years and 3 months 550.0
Option IV 7.20 10 years and 3 months 950.0
Total 4,500.0
schedules