ICICI Bank 2006 Annual Report Download - page 127

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F68
Financial information of subsidiaries for the year ended March 31, 2006
Rupees in million
ICICI ICICI ICICI ICICI Prudential
ICICI ICICI Venture Prudential Lombard Bank ICICI Asset
ICICI ICICI Home ICICI Investment Funds Life General ICICI Eurasia ICICI Prudential Manage-
Particulars ICICI Brokerage ICICI Securities Finance Trusteeship Management
Management
Insurance Insurance Inter- Limited Bank ICICI ICICI ment
Securities Services Securities Holdings Company Services Company Company Company Company national Liability UK Bank Trust Company
Limited Limited
2
Inc.
2
Inc.
2
Limited Limited Limited Limited Limited Limited Limited
5
Company
6 7
Limited
5
Canada
6
Limited
8
Limited
8
Paid-up share capital
3
1,658.8 45.0 491.2 522.3 2,987.5 0.5 100.0 10.0 11,850.0 2,450.0 40.2 492.4 8,253.8 2,846.5 1.0 180.2
Reserves 2,448.8 440.3 24.3 (3.6) 526.6 1.0 21.1 195.7 (6,914.1) 1,717.8 5.2 248.6 465.0 (567.3) 7.2 391.4
Total assets 16,422.4 1,665.8 992.1 522.5 40,811.6 2.0 124.6 718.1 92,255.0 16,390.9 45.7 966.8 90,979.6 28,172.9 12.2 1,185.7
Total liabilities
(excluding Capital and reserves) 12,314.8 1,180.5 476.6 3.8 37,297.5 0.5 3.5 512.4 87,319.1 12,223.1 0.3 225.8 82,260.8 25,893.7 4.0 614.1
Investments (excluding
investments in subsidiaries) Nil Nil Nil Nil 171.8 Nil 14.4 62.7 16,999.3 9,064.6 13.4 Nil 31,266.8 7,620.9 6.4 512.7
Turnover
(Gross income from operations) 4,059.4 712.7 288.4 35.1 2,881.1 0.3 7.5 1,094.1 42,610.5 15,920.0 Nil 96.4 4,033.2 688.5 3.9 1,383.5
Profit before tax 2,140.6 325.3 73.9 3.1 205.4 0.3 4.7 746.1 (2,033.3) 545.3 (0.6) 18.3 950.1 (495.1) 1.0 474.3
Provision for taxation 663.9 114.3 30.4 (14.2) 82.5 0.1 1.6 243.1 (154.5) 42.2 Nil 0.7 302.0 (147.7) 0.3 162.9
Profit after tax 1,476.7 211.0 43.5 17.3 122.9 0.2 3.1 503.0 (1,878.8) 503.1 (0.6) 17.6 648.1 (347.4) 0.7 311.4
Dividend paid (including
corporate dividend tax)
4
793.6 189.9 15.7 Nil 62.9 Nil Nil 449.8 Nil 265.1 Nil Nil 184.0 Nil 0.6 258.9
Notes:
1. The financial information of ICICI Bank Canada and ICICI Bank Eurasia Limited Liability Company is from the period January 1, 2005 to December 31, 2005, being their financial year.
2. ICICI Brokerage Services Limited and ICICI Securities Holdings Inc. are wholly owned subsidiaries of ICICI Securities Limited. ICICI Securities Inc. is a wholly owned subsidiary of ICICI Securities Holdings Inc. The financials of
ICICI Securities Holdings Inc. and ICICI Securities Inc. have been translated into Indian Rupees as per the provisions of AS 11 (revised)-Accounting for the Effects of changes in Foreign Exchange Rates issued by the Institute
of Chartered Accountants of India.
3. The paid-up share capital of ICICI Home Finance Company Limited, ICICI Bank Canada and ICICI Bank UK Limited includes paid-up preference share capital of Rs. 150.0 million, Rs. 387.3 million and Rs. 2,230.8 million
respectively.
4. Dividend paid includes proposed dividend.
5. The financials of ICICI Bank UK Limited and ICICI International Limited have been translated into Indian Rupees at the closing rate on March 31, 2006 of 1 USD = Rs. 44.615.
6. The financials of ICICI Bank Canada and ICICI Bank Eurasia Limited Liability Company have been translated into Indian Rupees at the closing rate on December 31, 2005 of 1 CAD = Rs. 38.7275 and 1 RUB = Rs. 1.5726
respectively.
7. ICICI Bank Eurasia Limited Liability Company has become a subsidiary of ICICI Bank Limited with effect from May 19, 2005, being the date of its acquisition.
8. Prudential ICICI Asset Management Company Limited and Prudential ICICI Trust Limited have become subsidiaries of ICICI Bank Limited with effect from August 26, 2005.
For and on behalf of the Board of Directors
N. VAGHUL
Chairman
LALITA D. GUPTE
Joint Managing Director
CHANDA D. KOCHHAR
Deputy Managing Director
JYOTIN MEHTA
General Manager &
Company Secretary
K. V. KAMATH
Managing Director & CEO
KALPANA MORPARIA
Joint Managing Director
NACHIKET MOR
Deputy Managing Director
RAKESH JHA
General Manager
VISHAKHA MULYE
Chief Financial Officer
& Treasurer
Place : Mumbai
Date : April 29, 2006