ICICI Bank 2005 Annual Report Download - page 79

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F19
forming part of the Accounts (Contd.)
Remuneration to whole-time directors
Remuneration paid to the whole-time directors of the Bank during the year ended March 31, 2005 was Rs. 60.5
million (March 31, 2004:Rs. 58.5 million)
Related party balances
The following balances payable to/ receivable from subsidiaries/ joint ventures/ associates/ key management personnel
are included in the balance sheet as on March 31, 2005:
(Rupees in million)
Items/Related Subsidiaries/ Associates Key Total
Party Joint ventures Management
Personnel@
Deposits with ICICI Bank........................... 6,593.6 0.3 37.1 6,631.0
Deposits of ICICI Bank* ............................. 9,798.9 — — 9,798.9
Call money borrowed ................................ 459.2 — — 459.2
Advances..................................................... 322.9 — 19.1 342.0
Investments of ICICI Bank ......................... 20,734.1 14,470.5 35,204.6
Investments of related parties in ICICI Bank 1.6 — 2.3 3.9
Receivables ................................................ 202.4 — — 202.4
Payables ..................................................... 885.3 — — 885.3
Guarantees ................................................. 4,928.3 — — 4,928.3
Letter of Comfort ....................................... 21,318.3 — — 21,318.3
Swaps/Forward Contracts.......................... 118,137.1 — — 118,137.1
The following balances represent the maximum balance payable to/ receivable from subsidiaries/ joint ventures/
associates/ key management personnel during the year ended March 31, 2005: (Rupees in million)
Items/Related Subsidiaries/ Associates Key Total
Party Joint ventures Management
Personnel@
Deposits with ICICI Bank........................... 19,352.2 2,405.5 196.1 21,953.8
Deposits of ICICI Bank ............................... 9,798.9 — — 9,798.9
Call money borrowed ................................ 3,500.0 — — 3,500.0
Advances..................................................... 2,435.6 — 19.1 2,454.7
Investments of ICICI Bank ......................... 40,204.6 33,399.0 — 73,603.6
Investments of related parties in ICICI Bank 16.6 — 2.3 18.9
Receivables ................................................ 202.4 — — 202.4
Payables ..................................................... 1,762.1 — — 1,762.1
Guarantees ................................................. 4,928.3 — — 4,928.3
Letter of Comfort ....................................... 21,318.3 — — 21,318.3
Swaps/Forward Contracts.......................... 230,905.2 — — 230,905.2
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