ICICI Bank 2006 Annual Report Download - page 62

Download and view the complete annual report

Please find page 62 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

F3
I. INCOME
Interest earned ................................................................... 13 137,844,958 94,098,944
Other income...................................................................... 14 49,831,394 34,161,439
TOTAL INCOME................................................................. 187,676,352 128,260,383
II. EXPENDITURE
Interest expended .............................................................. 15 95,974,483 65,708,876
Operating expenses ........................................................... 16 44,795,170 32,991,475
Provisions and contingencies ............................................ 17 21,505,952 9,508,016
TOTAL EXPENDITURE ...................................................... 162,275,605 108,208,367
III. PROFIT/LOSS
Net profit for the year ........................................................ 25,400,747 20,052,016
Profit brought forward........................................................ 1,882,221 530,876
TOTAL PROFIT / (LOSS) ................................................... 27,282,968 20,582,892
IV. APPROPRIATIONS/TRANSFERS
Transfer to Statutory Reserve ............................................ 6,360,000 5,020,000
Transfer to Reserve Fund ................................................... 222 —
Transfer to Capital Reserve ................................................ 680,000 200,000
Transfer to Investment Fluctuation Reserve ..................... 5,900,000 —
Transfer from Investment Fluctuation Reserve ................. (13,203,350) —
Transfer to Special Reserve ............................................... 2,750,000 250,000
Transfer to Revenue and other reserves ........................... 13,203,350 6,000,000
Proposed equity share dividend ........................................ 7,593,326 6,329,609
Proposed preference share dividend ................................ 35 35
Corporate dividend tax ....................................................... 1,064,969 901,027
Balance carried over to balance sheet .............................. 2,934,416 1,882,221
TOTAL ................................................................................. 27,282,968 20,582,892
Significant accounting policies and notes to accounts ............ 18
Earning per share (Refer note B. 4)
Basic (Rs.) ........................................................................... 32.49 27.55
Diluted (Rs.) ........................................................................ 32.15 27.33
Face value per share (Rs.) .......................................................... 10.00 10.00
profit and loss account
for the year ended March 31, 2006
Year ended Year ended
Schedule 31.03.2006 31.03.2005
(Rs. in ‘000s)
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
For S. R. Batliboi & Co.
Chartered Accountants
per VIREN H. MEHTA
a Partner
Membership No. : 048749
Place : Mumbai
Date : April 29, 2006
As per our Report of even date For and on behalf of the Board of Directors
The Schedules referred to above form an integral part of the Profit and Loss Account.