ICICI Bank 2008 Annual Report Download - page 154

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F80
Business segments for the year ended March 31, 2007
For the year ended March 31, 2007, the primary segments were reported as follows:
1. Consumer and Commercial Banking comprising of the retail and corporate banking business of the Bank and its banking
subsidiaries i.e. ICICI Bank UK PLC., ICICI Bank Canada, ICICI Bank Eurasia LLC. and ICICI Home Finance Company
Limited.
2. Investment Banking comprising of the treasury operations of the Bank and its banking subsidiaries i.e. ICICI Bank UK PLC.,
ICICI Bank Canada and ICICI Bank Eurasia LLC., 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.
3. Insurance comprising of ICICI Prudential Life Insurance Company Limited and ICICI Lombard General Insurance Company
Limited.
4. Others comprising 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., 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.
The business segment results on this basis are given below.
Rupees in million
Sr.
no. Particulars Consumer and
commercial
banking
Investment
Banking Insurance Others Total
1 Revenue (before extraordinary profit) 242,354.5 88,495.9 101,415.6 2,393.1 434,659.1
2 Less: Inter-segment revenue (21,021.2)
3 Total revenue (1) – (2) 413,637.9
4 Segment results 25,145.5 13,875.3 (3,917.8) 528.1 35,631.1
5 Unallocated expenses 384.0
6 Income tax expenses (net)/(net
deferred tax credit) 7,640.8
7 Net profit
(4) – (5) – (6) 27,606.3
Other information
8 Segment assets 2,253,171.9 1,455,864.0 188,501.7 (191.3) 3,897,346.3
9 Unallocated assets146,000.9
10 Total assets
(8) + (9) 3,943,347.2
11 Segment liabilities 2,705,812.3 1,051,307.62180,044.8 6,182.5 3,943,347.2
12 Unallocated liabilities —
13 Total liabilities
(11) + (12) 3,943,347.2
Note: The figures reported are net of inter-company transactions.
1. Includes tax paid in advance/tax deducted at source (net), deferred tax asset (net) and early retirement option expenses
not written off.
2. Includes share capital and reserves and surplus.
B. Geographical segments
The Group has reported its operations under the following geographical segments for the year ended March 31, 2008:
l Domestic operations comprising branches (including those having operations outside India) and subsidiaries/joint
ventures having operations in India.
l Foreign operations comprising subsidiaries/joint ventures having operations outside India.
forming part of the Consolidated Accounts (Contd.)
schedules
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