ICICI Bank 2006 Annual Report Download - page 133
Download and view the complete annual report
Please find page 133 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.-
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
 |
 |
F74
A listing of goodwill and intangible assets, by category under US GAAP is set out below:
Rupees in million
As of March 31,
2005 2006
Goodwill ............................................................................... 7,407.0 8,603.8
Customer-related intangibles ................................................ 5,991.1 5,991.1
Accumulated amortization .................................................... (1,835.0) (2,467.5)
Customer related intangibles, net...................................... 4,156.1 3,523.6
Asset management and advisory intangibles1.................. – 367.0
Other intangibles................................................................... 76.0 76.0
Accumulated amortisation .................................................... (33.0) (47.0)
Other intangibles, net ......................................................... 43.0 29.0
Goodwill and intangible assets, net .................................. 11,606.1 12,523.4
1. With indefinite life
The following table presents the changes in goodwill under US GAAP:
Rupees in million
As of March 31,
2005 2006
Opening balance ........................................................... 5,403.0 7,407.0
Goodwill relating to acquisitions consummated during
the period ...................................................................... 2,004.0 1,196.8
Closing balance 7,407.0 8,603.8
The estimated amortisation schedule for intangible assets under US GAAP, on a straight line basis, for
the next five years is set out below.
Rupees in million
Year ended March 31
2007 ............................................................................... 678.0
2008 ............................................................................... 597.0
2009 ............................................................................... 547.0
2010 ............................................................................... 547.0
2011 ............................................................................... 547.0
Thereafter ...................................................................... 636.6
Total ............................................................................... 3,552.6
reconciliation to US GAAP and related notes
for the year ended March 31, 2006