ICICI Bank 2007 Annual Report Download - page 141

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F71
14. Information about business and geographical segments
Business Segments
For the year ended March 31, 2007, a new business segment viz. “Insurance” has been added for the purposes of consolidated
segment reporting. The Company reports its operations into the following segments.
Consumer and commercial banking comprises the retail and corporate banking business of the Bank and its banking
subsidiaries i.e. ICICI Bank UK PLC., ICICI Bank Canada and ICICI Bank Eurasia Limited Liability Company and ICICI Home
Finance Company Limited.
Investment banking comprises the treasury operations of the Bank and its banking subsidiaries i.e. ICICI Bank UK PLC.,
ICICI Bank Canada and ICICI Bank Eurasia Limited Liability Company, ICICI Securities Primary Dealership Limited (formerly
ICICI Securities Limited), ICICI Securities Limited (formerly ICICI Brokerage Services Limited), ICICI Securities Inc., and ICICI
Securities Holdings Inc., ICICI Venture Funds Management Company Limited, ICICI Eco-net Internet and Technology Fund,
ICICI Equity Fund, ICICI Strategic Investments Fund, ICICI Emerging Sectors Fund and ICICI International Limited.
Insurance comprises of ICICI Prudential Life Insurance Company Limited and ICICI Lombard General Insurance Company
Limited.
Others comprises of ICICI Prudential Asset Management Company Limited, ICICI Prudential Trust Limited, ICICI Property
Trust, ICICI Investment Management Company Limited, ICICI Trusteeship Services Limited, TCW/ICICI Investment Partners
LLC and TSI Ventures (India) Private Limited.
Inter-segment transactions are generally based on transfer pricing measures as determined by the management. Income,
expenses, assets and liabilities are either specifically identified with individual segments or are allocated to segments on
a systematic basis.
Based on such allocations, consolidated segment balance sheet as on March 31, 2007 and March 31, 2006 and consolidated
segment profit and loss account for the year ended March 31, 2007 and for the year ended March 31, 2006 have been
prepared. Business segment results are given below.
schedules
forming part of the Consolidated Accounts (Contd.)