ICICI Bank 2006 Annual Report Download - page 103

Download and view the complete annual report

Please find page 103 of the 2006 ICICI Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 137

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137

F44
SCHEDULE 2 — RESERVES AND SURPLUS
I. Statutory reserve
Opening balance (other than joint ventures) ............................................. 14,637,244 9,772,027
Additions during the year .......................................................................... 6,360,000 5,023,226
Deductions during the year ....................................................................... 9,937 158,009
Closing balance ......................................................................................... 20,987,307 14,637,244
II. Special reserve
Opening balance (other than joint ventures) ............................................. 12,284,102 11,924,946
Additions during the year .......................................................................... 2,778,000 359,156
Deductions during the year ....................................................................... ——
Closing balance ......................................................................................... 15,062,102 12,284,102
III. Share premium
Opening balance (other than joint ventures) ............................................. 40,005,152 8,636,104
Additions during the year 1........................................................................ 79,194,000 31,897,100
Deductions during the year 2..................................................................... 874,078 528,052
Closing balance ......................................................................................... 118,325,074 40,005,152
IV. Investment fluctuation reserve
Opening balance (other than joint ventures) ............................................. 6,106,058 7,803,326
Additions during the year .......................................................................... 10,531,600 853,627
Deductions during the year ....................................................................... 14,120,409 2,550,895
Closing balance ......................................................................................... 2,517,249 6,106,058
V. Capital reserve
Opening balance (other than joint ventures) ............................................. 5,013,166 4,813,166
Additions during the year .......................................................................... 680,000 200,000
Deductions during the year ....................................................................... ——
Closing balance ......................................................................................... 5,693,166 5,013,166
VI. Foreign currency translation reserve ......................................................... (25,495) 65,418
VII. Reserve Fund ............................................................................................. 222 —
VIII. Revenue and other reserves
Opening balance for joint ventures ........................................................... (1,646) 227,900
Opening balance for others ....................................................................... 37,264,872 28,217,730
Additions during the year for joint ventures .............................................. —948
Additions during the year for others ......................................................... 17,420,225 8,925,158
Deductions during the year for joint ventures........................................... 1,041 1,646
Deductions during the year for others ...................................................... 3,722,548 106,864
Closing balance ......................................................................................... 50,959,862 37,263,226
TOTAL RESERVES AND SURPLUS ................................................................. 213,519,487 115,374,366
1.Includes :-
a) Rs. 48,940.0 million (net of share premium in arrears of Rs. 92.4 million (March 31, 2005: Rs. Nil) consequent to public
issue vide prospectus dated December 8, 2005.
b) Rs. 22,134.6 million consequent to issue of ADS vide prospectus dated December 6, 2005.
c) Rs. 7,357.1 million on the exercise of the green shoe option vide prospectus dated December 8, 2005.
d) Rs. 725.6 million (March 31, 2005: Rs. 602.5 million) on exercise of employee stock options.
2.Represents share issue expenses amounting to Rs. 874.1 million, written-off from the share premium account as per the
objects of the issue.
schedules
As on As on
31.03.2006 31.03.2005
(Rs. in ‘000s)
forming part of the Consolidated Balance Sheet (Contd.)