ICICI Bank 2008 Annual Report Download - page 125

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F51
consolidated profit and loss account
for the year ended March 31, 2008 (Rs. in ‘000s)
I. INCOME
Interest earned ..................................................................... 13 340,949,565 240,025,455
Other income ....................................................................... 14 259,581,255 173,612,467
TOTAL INCOME ................................................................. 600,530,820 413,637,922
II. EXPENDITURE
Interest expended ................................................................ 15 257,669,754 176,757,193
Operating expenses ............................................................. 16 270,434,081 180,132,128
Provisions and contingencies .............................................. 17 41,274,341 30,414,589
TOTAL EXPENDITURE ....................................................... 569,378,176 387,303,910
III. PROFIT/(LOSS)
Net profit for the year ........................................................... 31,152,644 26,334,012
Less: Minority interest ......................................................... (2,829,656) (1,272,330)
Net profit/(loss) after minority interest ............................ 33,982,300 27,606,342
Profit/(loss) brought forward ................................................ (73,672) (2,435,605)
TOTAL PROFIT/(LOSS) ...................................................... 33,908,628 25,170,737
IV. APPROPRIATIONS/TRANSFERS
Transfer to Statutory Reserve .............................................. 10,400,000 7,800,000
Transfer to Reserve Fund ..................................................... 3,138 1,168
Transfer to Capital Reserve .................................................. 1,270,000 1,210,000
Transfer to Special Reserve ................................................. 1,892,500 4,677,098
Transfer to Revenue and other reserves ............................. 491,080 593,416
Proposed equity share dividend .......................................... 12,277,018 9,085,370
Proposed preference share dividend ................................... 35 35
Corporate dividend tax ......................................................... 2,078,023 1,877,322
Balance carried over to Balance Sheet ................................ 5,496,834 (73,672)
TOTAL ................................................................................. 33,908,628 25,170,737
Significant accounting policies and notes to accounts ............... 18 & 19
Earnings per share (Refer Note 19.3)
Basic (Rs.) ............................................................................. 32.19 30.92
Diluted (Rs.) .......................................................................... 32.00 30.75
Face value per share (Rs.) ......................................................... 10.00 10.00
Year ended Year ended
Schedule 31.03.2008 31.03.2007
The Schedules referred to above form an integral part of the Profit and Loss Account.
As per our Report of even date. For and on behalf of the Board of Directors
For BSR & Co. N. VAGHUL K. V. KAMATH
Chartered Accountants Chairman Managing Director & CEO
AKEEL MASTER CHANDA D. KOCHHAR V. VAIDYANATHAN
Partner Joint Managing Director & CFO Executive Director
Membership No.: 046768
MADHABI PURI BUCH SONJOY CHATTERJEE
Executive Director Executive Director
SANDEEP BATRA RAKESH JHA CHARANJIT ATTRA
Place : Mumbai Group Compliance Officer & Deputy Chief General Manager &
Date : April 26, 2008 Company Secretary Financial Officer Chief Accountant
ICICI_BK_AR_2008_(F47_F92).indd 51ICICI_BK_AR_2008_(F47_F92).indd 51 6/20/08 3:31:27 PM6/20/08 3:31:27 PM