ICICI Bank 2008 Annual Report Download - page 133

F59
schedules
SCHEDULE 13 — INTEREST EARNED
I. Interest/discount on advances/bills ............................................................ 240,683,557 169,700,875
II. Income on investments1 ............................................................................. 89,045,428 58,473,639
III. Interest on balances with Reserve Bank of India and other
inter-bank funds .......................................................................................... 8,747,745 9,037,876
IV. Others2 ........................................................................................................ 2,472,835 2,813,065
TOTAL INTEREST EARNED .............................................................................. 340,949,565 240,025,455
1. Includes amortisation of premium on Government securities of Rs. 8,976.2 million (March 31, 2007 : Rs. 9,987.0 million).
2. Includes interest on income tax refunds of Rs. 880.0 million (March 31, 2007: Rs. 1,028.2 million).
SCHEDULE 14 — OTHER INCOME
I. Commission, exchange and brokerage ...................................................... 67,673,441 54,432,414
II. Profit/(Loss) on sale of investments (net) ................................................... 34,042,178 14,061,769
III. Profit/(Loss) on revaluation of investments (net) ........................................ (4,787,585) (1,789,997)
IV. Profit/(Loss) on sale of land, buildings and other assets (net)1 ................. 613,379 351,246
V. Profit/(Loss) on foreign exchange transactions (net) .................................. 1,279,786 8,435,218
VI. Premium and other operating income from insurance business ............... 159,919,822 95,125,466
VII. Miscellaneous income (including lease income)2 ...................................... 840,234 2,996,351
TOTAL OTHER INCOME ................................................................................... 259,581,255 173,612,467
1. Includes profit/(loss) on sale of assets given on lease.
2. Includes unrealised gain/losses on rupee interest rate derivatives.
SCHEDULE 15 — INTEREST EXPENDED
I. Interest on deposits .................................................................................... 187,220,141 124,565,606
II. Interest on Reserve Bank of India/inter-bank borrowings1 ......................... 23,140,065 16,659,290
III. Others (including interest on borrowings of erstwhile ICICI Limited) ........ 47,309,548 35,532,297
TOTAL INTEREST EXPENDED ......................................................................... 257,669,754 176,757,193
1. Includes interest paid on inter-bank deposits.
SCHEDULE 16 — OPERATING EXPENSES
I. Payments to and provisions for employees ............................................... 39,697,995 26,364,966
II. Rent, taxes and lighting .............................................................................. 8,979,980 5,032,549
III. Printing and stationery ................................................................................ 2,881,776 2,310,409
IV. Advertisement and publicity ....................................................................... 6,152,109 5,546,368
V. Depreciation on Bank’s property (including non-banking assets) .............. 4,973,453 4,272,235
VI. Depreciation (including lease equalisation) on leased assets .................... 1,820,689 1,882,750
VII. Directors’ fees, allowances and expenses ................................................. 20,591 22,237
VIII. Auditors’ fees and expenses ...................................................................... 99,909 64,192
IX. Law charges ................................................................................................ 1,071,497 603,440
X. Postages, telegrams, telephones, etc. ....................................................... 5,162,326 4,392,443
XI. Repairs and maintenance ........................................................................... 6,287,699 4,494,181
XII. Insurance ..................................................................................................... 2,060,956 1,674,444
XIII. Direct marketing agency expenses ............................................................ 15,749,675 15,602,364
XIV. Claims and benefits paid pertaining to insurance business ...................... 13,002,948 8,065,681
XV. Other expenses pertaining to insurance business ..................................... 129,790,331 75,292,734
XVI. Other expenditure ....................................................................................... 32,682,147 24,511,135
TOTAL OPERATING EXPENSES ...................................................................... 270,434,081 180,132,128
SCHEDULE 17 — PROVISIONS AND CONTINGENCIES
I. Income tax
– Current period tax ............................................................................... 19,628,199 12,013,402
– Deferred tax adjustment ..................................................................... (9,341,410) (4,989,924)
– Fringe benefit tax ................................................................................ 780,041 587,178
II. Wealth tax ................................................................................................... 30,004 30,102
III. Provision for investments (including credit substitutes) (net) .................... 730,096 383,945
IV. Provision for advances (net)1 ...................................................................... 27,723,909 22,082,234
V. Others.......................................................................................................... 1,723,502 307,652
TOTAL PROVISIONS AND CONTINGENCIES ................................................. 41,274,341 30,414,589
1. Includes provision on standard assets, non-performing advances, non-performing leased assets and others.
(Rs. in ‘000s)
forming part of the Consolidated Profit and Loss Account
Year ended Year ended
31.03.2008 31.03.2007
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