ICICI Bank 2007 Annual Report Download - page 75

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F5
forming part of the Balance Sheet (Rs. in ‘000s)
As on As on
31.03.2007 31.03.2006
SCHEDULE 1 – CAPITAL
Authorised capital
1,000,000,000 equity shares of Rs. 10 each [March 31, 2006: 1,000,000,000
equity shares of Rs. 10 each] ............................................................................. 10,000,000 10,000,000
55,000,000 preference shares of Rs. 100 each [March 31, 2006: 55,000,000
preference shares of Rs.100 each] ..................................................................... 5,500,000 5,500,000
350 preference shares of Rs. 10 million each [March 31, 2006:
350 preference shares of Rs. 10 million each] .................................................. 3,500,000 3,500,000
Equity share capital
Issued, subscribed and paid-up capital 1
889,779,621 equity shares of Rs. 10 each (March 31, 2006: 884,920,650
equity shares) ..................................................................................................... 8,897,796 8,849,206
Add : Issued 9,487,051 equity shares of Rs. 10 each fully paid up
(March 31, 2006: 4,903,251 equity shares) on exercise of employee
stock options .......................................................................................... 94,871 49,033
8,992,667 8,898,239
Less : Calls unpaid ............................................................................................. 266
Add : Forfeited 111,603 equity shares (March 31, 2006: 67,323 equity shares) 770 372
TOTAL EQUITY CAPITAL .................................................................................. 8,993,437 8,898,345
Preference share capital 2
(Represents face value of 350 preference shares of Rs. 10 million each issued
to preference share holders of erstwhile ICICI Limited on amalgamation
redeemable at par on April 20, 2018) 3,500,000 3,500,000
TOTAL CAPITAL 12,493,437 12,398,345
1. Includes:
a) 110,967,096 equity shares of Rs.10 each issued vide prospectus dated December 8, 2005.
b) 37,237,460 equity shares of Rs. 10 each issued consequent to issue of 18,618,730 American Depository Shares vide
prospectus dated December 6, 2005.
2. For these preference shares, the notification dated April 17, 2002 from Ministry of Finance, Government of India, issued on
the recommendation of Reserve Bank of India (RBI), under Section 53 of the Banking Regulation Act, 1949 had exempted
the Bank from the restriction of Section 12(1) of the Banking Regulation Act, 1949, which prohibits the issue of
preference shares by banks, for a period of five years. The Bank has applied to the RBI for making a recommendation to
Central Government for continuation of such exemption.
schedules