ICICI Bank 2008 Annual Report Download - page 85

F11
SCHEDULE 13 – INTEREST EARNED
I. Interest / discount on advances / bills ........................................................ 226,009,874 160,963,126
II. Income on investments 1 ........................................................................... 74,660,091 49,898,395
III. Interest on balances with Reserve Bank of India and other inter-bank funds 6,119,944 8,085,554
IV. Others
2 ..................................................................................................... 1,093,520 1,008,801
TOTAL INTEREST EARNED ............................................................................... 307,883,429 219,955,876
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. 871.0 million (March 31, 2007: Rs. 1,022.7 million).
SCHEDULE 14 – OTHER INCOME
I. Commission, exchange and brokerage ..................................................... 56,053,127 43,308,555
II. Profit / (loss) on sale of investments (net) .................................................. 18,802,235 11,152,403
III. Profit / (loss) on revaluation of investments (net) ....................................... (680,855) (350,732)
IV. Profit / (loss) on sale of land, buildings and other assets (net) 1 ................ 656,069 1,152,224
V. Profit / (loss) on foreign exchange transactions (net) ................................ 1,101,719 6,439,626
VI. Income earned by way of dividends, etc. from subsidiary companies and/or
joint ventures abroad / in India .................................................................... 11,519,500 4,484,915
VII. Miscellaneous income (including lease income) 2 ...................................... 655,833 3,091,735
TOTAL OTHER INCOME .................................................................................... 88,107,628 69,278,726
1. Includes profit / (loss) on sale of assets given on lease.
2. Includes unrealised gains / (losses) on rupee interest rate derivatives.
SCHEDULE 15 – INTEREST EXPENDED
I. Interest on deposits .................................................................................... 171,102,433 116,477,051
II. Interest on Reserve Bank of India / inter-bank borrowings 1 ...................... 18,269,621 13,001,023
III. Others (including interest on borrowings of erstwhile ICICI Limited) ....... 45,470,369 34,106,910
TOTAL INTEREST EXPENDED .......................................................................... 234,842,423 163,584,984
1. Includes interest paid on inter-bank deposits.
SCHEDULE 16 – OPERATING EXPENSES
I. Payments to and provisions for employees ............................................... 20,788,974 16,167,490
II. Rent, taxes and lighting .............................................................................. 5,166,414 3,108,152
III. Printing and stationery ................................................................................ 1,742,100 1,524,660
IV. Advertisement and publicity ....................................................................... 2,078,608 2,177,368
V. Depreciation on Bank's property (including non-banking assets)............... 3,962,822 3,565,076
VI. Depreciation (including lease equalisation) on leased assets ................... 1,820,689 1,882,750
VII. Directors' fees, allowances and expenses.................................................. 4,190 3,849
VIII. Auditors' fees and expenses ....................................................................... 23,034 21,203
IX. Law charges ................................................................................................ 453,673 284,800
X. Postages, telegrams, telephones, etc. ...................................................... 3,305,702 2,925,819
XI. Repairs and maintenance ......................................................................... 4,198,727 3,369,533
XII. Insurance ..................................................................................................... 2,249,540 1,688,971
XIII. Direct marketing agency expenses ........................................................... 15,427,433 15,238,964
XIV. Other expenditure ...................................................................................... 20,319,913 14,946,929
TOTAL OPERATING EXPENSES ....................................................................... 81,541,819 66,905,564
SCHEDULE 17 – PROVISIONS AND CONTINGENCIES
I. Income tax
– Current period tax ............................................................................... 15,695,283 9,443,237
– Deferred tax adjustment ..................................................................... (7,133,600) (4,464,322)
– Fringe benefit tax ................................................................................ 392,015 369,276
II. Wealth tax ................................................................................................... 30,000 30,000
III. Provision for investments (including credit substitutes) (net) .................... 622,560 419,353
IV. Provision for advances (net) 1...................................................................... 27,009,924 21,592,999
V. Others.......................................................................................................... 1,413,354 251,311
TOTAL PROVISIONS AND CONTINGENCIES.................................................. 38,029,536 27,641,854
1. Includes provisions on standard assets, non-performing advances, non-performing leased assets and others.
Year ended Year ended
31.03.2008 31.03.2007
schedules
forming part of the Profit and Loss Account (Rs. in ‘000s)
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