ICICI Bank 2006 Annual Report Download - page 65

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F6
forming part of the Balance Sheet (Contd.)
SCHEDULE 2 – RESERVES AND SURPLUS
I. Statutory reserve
Opening balance ........................................................................................ 14,627,307 9,607,307
Additions during the year .......................................................................... 6,360,000 5,020,000
Deductions during the year ....................................................................... ——
Closing balance ......................................................................................... 20,987,307 14,627,307
II. Special reserve
Opening balance ........................................................................................ 11,940,000 11,690,000
Additions during the year .......................................................................... 2,750,000 250,000
Deductions during the year ....................................................................... ——
Closing balance ......................................................................................... 14,690,000 11,940,000
III. Share premium
Opening balance ........................................................................................ 39,892,352 8,523,304
Additions during the year 1........................................................................ 79,157,323 31,897,100
Deductions during the year 2..................................................................... 874,078 528,052
Closing balance ......................................................................................... 118,175,597 39,892,352
IV. Investment fluctuation reserve
Opening balance ........................................................................................ 5,160,000 7,303,350
Additions during the year .......................................................................... 8,043,350 —
Deductions during the year ....................................................................... 13,203,350 2,143,350
Closing balance ......................................................................................... —5,160,000
V. Capital reserve
Opening balance ........................................................................................ 4,850,000 4,650,000
Additions during the year .......................................................................... 680,000 200,000
Deductions during the year ....................................................................... ——
Closing balance ......................................................................................... 5,530,000 4,850,000
VI. Foreign currency translation reserve ......................................................... 3,955 —
VII. Reserve fund .............................................................................................. 222 —
VIII. Revenue and other reserves
Opening balance ........................................................................................ 39,780,074 31,636,724
Additions during the year .......................................................................... 13,203,350 8,143,350
Deductions during the year ....................................................................... 2,143,350 —
Closing balance ......................................................................................... 50,840,074 39,780,074
IX. Balance in profit and loss account ............................................................ 2,934,416 1,882,221
TOTAL RESERVES AND SURPLUS ................................................................. 213,161,571 118,131,954
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)