ICICI Bank 2006 Annual Report Download - page 108

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F49
schedules
SCHEDULE 13 — INTEREST EARNED
I. Interest/discount on advances/bills ........................................................... 101,142,652 69,811,266
II. Income on investments ............................................................................. 40,607,809 23,921,900
III. Interest on balances with Reserve Bank of India and other
inter-bank funds ......................................................................................... 3,433,183 2,334,833
IV. Others 1 ...................................................................................................... 958,247 2,269,570
TOTAL INTEREST EARNED .............................................................................. 146,141,891 98,337,569
1.Includes interest on income tax refunds of Rs. 415.6 million (March 31, 2005: Rs. 307.4 million).
SCHEDULE 14 — OTHER INCOME
I. Commission, exchange and brokerage ..................................................... 32,546,535 20,751,386
II. Profit/(loss) on sale of investments (net) ................................................... 10,988,676 7,560,301
III. Profit/(loss) on revaluation of investments (net) ........................................ (504,461) 145,644
IV. Profit/(loss) on sale of land, buildings and other assets (net)1.................. 51,832 (9,232)
V. Profit/(loss) on foreign exchange transactions (net).................................. 4,451,911 2,781,079
VI. Income pertaining to insurance business ................................................. 59,353,279 35,354,556
VII. Miscellaneous income (including lease income) ...................................... 4,581,256 4,392,606
TOTAL OTHER INCOME ................................................................................... 111,469,028 70,976,340
1.Includes profit/(loss) on sale of assets given on lease.
SCHEDULE 15 — INTEREST EXPENDED
I. Interest on deposits ................................................................................... 59,590,224 32,622,753
II. Interest on Reserve Bank of India/inter-bank borrowings1........................ 11,888,142 4,047,872
III. Others (including interest on borrowings of erstwhile ICICI Limited) ....... 29,536,430 31,373,162
TOTAL INTEREST EXPENDED ......................................................................... 101,014,796 68,043,787
1.Includes interest paid on inter-bank deposits.
SCHEDULE 16 — OPERATING EXPENSES
I. Payments to and provisions for employees .............................................. 17,112,066 10,907,630
II. Rent, taxes and lighting ............................................................................. 3,036,174 2,465,214
III. Printing and stationery ............................................................................... 1,421,619 1,052,945
IV. Advertisement and publicity ...................................................................... 3,066,259 1,837,990
V. Depreciation on Bank’s property (including non-banking assets) ............. 3,908,328 3,283,466
VI. Depreciation (including lease equalisation) on leased assets .................. 2,771,014 2,974,662
VII. Directors’ fees, allowances and expenses ................................................ 14,523 13,749
VIII. Auditors’ fees and expenses ..................................................................... 43,356 36,352
IX. Law charges............................................................................................... 298,817 338,794
X. Postages, telegrams, telephones, etc. ...................................................... 2,825,681 2,216,732
XI. Repairs and maintenance .......................................................................... 3,329,657 2,550,917
XII. Insurance ................................................................................................... 298,979 186,633
XIII. Direct marketing agency expenses ........................................................... 6,695,874 5,064,388
XIV. Expenses pertaining to insurance business .............................................. 52,038,232 32,042,377
XV. Other expenditure...................................................................................... 12,270,270 7,884,743
TOTAL OPERATING EXPENSES ...................................................................... 109,130,849 72,856,592
SCHEDULE 17 — PROVISIONS AND CONTINGENCIES
I. Income tax
- Current period tax .............................................................................. 8,177,377 2,522,096
- Deferred tax adjustment .................................................................... (1,595,191) 3,131,712
- Fringe Benefit Tax .............................................................................. 385,749 —
II. Wealth tax .................................................................................................. 30,063 30,009
III. Provision for investments (including credit substitutes) (net) ................... 8,156,314 5,433,165
IV. Provision for advances (net)1..................................................................... 8,117,173 (889,859)
V. Others ........................................................................................................ 203,564 85,984
TOTAL PROVISIONS AND CONTINGENCIES ................................................ 23,475,049 10,313,107
1.Includes provision on standard assets, non-performing advances, non-performing leased assets and other receivables.
(Rs. in ‘000s)forming part of the Consolidated Profit and Loss Account
Year ended Year ended
31.03.2006 31.03.2005