ICICI Bank 2008 Annual Report Download - page 107

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F33
schedules
forming part of the Accounts (Contd.)
Rupees in million
Particulars Date of Issue Coupon Rate (%) Tenure Amount
Tranche 2 Option I July 17, 2006 9.50% annual115 years210,000.0
Total (Upper Tier II) 10,000.0
1. Coupon rate of 9.50% for first 10 years. For next 5 years, 50 basis points over and above coupon rate of 9.50% i.e. 10.00%, if the call
option is not exercised by the Bank.
2. Call option after 10 years, i.e. on July 17, 2016 (exercisable with RBI approval).
Rupees in million
Particulars Date of Issue Coupon Rate (%) Tenure Amount
Tranche 1 Option I July 11, 2006 9.00% annual 10 years 20,000.0
Total (Tier II) 20,000.0
Rupees in million
Particulars Date of Issue Coupon Rate (%) Tenure Amount
Tranche 5 Option I June 22, 2006 8.95% annual115 years22,552.0
Total (Upper Tier II) 2,552.0
1. Coupon rate of 8.95% for first 10 years. For next 5 years, 50 basis points over and above the coupon rate of 8.95% i.e. 9.45% if the call
option is not exercised by the Bank.
2. Call option after 10 years, i.e. on June 22, 2016 (exercisable with RBI approval).
Rupees in million
Particulars Date of Issue Coupon Rate (%) Tenure Amount
Tranche 4 Option I May 19, 2006 8.50% annual 10 years 230.0
Tranche 4 Option II May 19, 2006 8.60% annual 12 years 140.0
Tranche 4 Option III May 19, 2006 8.40% annual 5 years and 11 months 350.0
Total (Tier II) 720.0
14. Investments
The details of investments and the movement of provisions held towards depreciation of investments of the Bank as on
March 31, 2008 and March 31, 2007 are given below:
Rupees in million
Particulars As on
March 31, 2008
As on
March 31, 2007
1. Value of Investments
(i) Gross value of investments
a) In India ........................................................................................... 1,056,883.5 873,108.3
b) Outside India ................................................................................. 64,358.5 45,052.7
(ii) Provision for depreciation
a) In India ........................................................................................... (5,719.8) (5,568.1)
b) Outside India ................................................................................. (978.7) (14.5)
(iii) Net value of investments
a) In India ........................................................................................... 1,051,163.7 867,540.2
b) Outside India ................................................................................. 63,379.8 45,038.2
2. Movement of provisions held towards depreciation on investments
(i) Opening balance ................................................................................... 5,582.6 5,066.4
(ii) Add: Provisions made during the year ................................................. 2,622.7 948.9
(iii) Less: Write-off/write back of excess provisions during the year ......... (1,506.8) (432.7)
(iv) Closing balance ..................................................................................... 6,698.5 5,582.6
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