ICICI Bank 2006 Annual Report Download - page 81

Download and view the complete annual report

Please find page 81 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

F22
schedules
forming part of the Accounts (Contd.)
The maximum balance payable to/ receivable from subsidiaries/ joint ventures/ associates/ key management personnel
during the year ended March 31, 2005 is given below.
Rupees in million
Items Subsidiaries/ Associates Key Total
Joint ventures Management
Personnel1
Deposits with ICICI Bank .............................. 19,352.2 2,405.5 196.1 21,953.8
Deposits of ICICI Bank2................................. 9,798.9 — — 9,798.9
Call/ Term money borrowed ......................... 3,500.0 — — 3,500.0
Advances ...................................................... 2,435.6 — 19.1 2,454.7
Investments of ICICI Bank ............................ 40,204.6 33,399.0 — 73,603.6
Investments of related parties in ICICI Bank 16.6 — 2.3 18.9
Receivables ................................................... 202.4 — — 202.4
Payables ........................................................ 1,762.1 — — 1,762.1
Repo .............................................................. 128.8 — — 128.8
Reverse repo................................................. 2,244.7 — — 2,244.7
Guarantees3.................................................. 4,928.3 — — 4,928.3
Letters of comfort4........................................ 21,318.3 — — 21,318.3
Swaps/forward contracts ............................. 230,905.2 — — 230,905.2
Participation certificate ................................. 896.6 — — 896.6
1. Whole-time directors and relatives.
2. Includes call money lent.
3. Includes letter of undertaking.
4. Excludes letter of comfort issued on behalf of foreign subsidiaries, details of which are given separately.
Subsidiaries and joint ventures
ICICI Venture Funds Management Company Limited, ICICI Securities Limited, ICICI Brokerage Services Limited, ICICI
International Limited, ICICI Trusteeship Services Limited, ICICI Home Finance Company Limited, ICICI Investment Management
Company Limited, ICICI Securities Holdings Inc., ICICI Securities Inc., ICICI Bank UK Limited, ICICI Bank Canada, ICICI
Prudential Life Insurance Company Limited, ICICI Distribution Finance Private Limited (ICICI Distribution Finance Private
Limited has merged with ICICI Home Finance Company Limited effective August 11, 2005), ICICI Lombard General Insurance
Company Limited, Prudential ICICI Asset Management Company Limited, Prudential ICICI Trust Limited, ICICI Bank Eurasia
Limited Liability Company and TSI Ventures (India) Private Limited.
Associates
ICICI Equity Fund, ICICI Eco-net Internet and Technology Fund, ICICI Emerging Sectors Fund, ICICI Strategic Investments
Fund, ICICI Property Trust and TCW/ICICI Investment Partners L.L.C.
7. Securitisation
The Bank sells loans through securitisation and direct assignment. The information on securitisation activity of the Bank as
an originator for the year ended March 31, 2006 and March 31, 2005 is given in the table below.
Rupees in million
Year ended Year ended
March 31, 2006 March 31, 2005
Total number of loan assets securitised .................................................... 909,130 942,567
Total book value of loan assets securitised ............................................... 94,856.2 160,071.2
Sale consideration received for the securitised assets............................. 102,856.6 163,412.2
Net gain on account of securitisation ....................................................... 4,032.4 3,976.1