ICICI Bank 2009 Annual Report Download - page 143

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F69
Other income
During the year ended March 31, 2009, the net gain on derivative transactions entered with Firstsource Solutions Limited
for Rs. 9.9 million (March 31, 2008: Rs. Nil).
Dividend income
During the year ended March 31, 2009, the Group received dividend from Transafe Services Limited amounting to
Rs. 6.7 million.
Purchase of fixed assets
During the year ended March 31, 2009, the Group purchased fixed assets from its associates/other related entities amounting
to Rs.13.0 million (March 31, 2008: Rs. Nil). The material transaction for the year ended March 31, 2009 was with Financial
Information Network and Operations Limited for Rs. 12.4 million (March 31, 2008: Rs. Nil).
Dividend paid
During the year ended March 31, 2009, the Bank paid dividend to its key management personnel amounting to
Rs. 10.2 million (March 31, 2008: Rs. 15.0 million). The material transactions for the year ended March 31, 2009 were with
K. V. Kamath for Rs. 5.4 million (March 31, 2008: Rs. 6.2 million), Chanda D. Kochhar for Rs. 3.0 million (March 31, 2008:
Rs. 2.8 million), Madhabi Puri Buch for Rs. 1.1 million (March 31, 2008: Rs. 1.2 million) and with Kalpana Morparia for
Rs. Nil (March 31, 2008: Rs. 4.3 million).
Remuneration to whole-time directors
During the year ended March 31, 2009, the Group paid remuneration to the whole-time directors of the Bank amounting
to Rs. 91.7 million (March 31, 2008: Rs. 90.3 million). The material transactions for the year ended March 31, 2009
were with K. V. Kamath for Rs. 30.8 million (March 31, 2008: Rs. 27.9 million), Chanda D. Kochhar for Rs. 18.4 million
(March 31, 2008: Rs. 15.6 million), Madhabi Puri Buch for Rs. 13.5 million (March 31, 2008: Rs. 10.0 million), Kalpana Morparia
for Rs. Nil (March 31, 2008: Rs. 9.7 million), Nachiket Mor for Rs. Nil (March 31, 2008: Rs. 10.0 million), V. Vaidyanathan
for Rs. 14.4 million (March 31, 2008: Rs. 13.4 million) and Sonjoy Chatterjee for Rs. 13.0 million (March 31, 2008:
Rs. 3.7 million).
Donation given
During the year ended March 31, 2009, the Group has given donation to ICICI Foundation for Inclusive Growth amounting
to Rs. 417.8 million.
Related party balances
The following are the balances payable to/receivable from its associates/other related entities included in the balance sheet
as on March 31, 2009.
Rupees in million
Items As on
March 31, 2009 As on
March 31, 2008
Deposits with the Group ......................................................................... 287.3 234.4
Advances ................................................................................................. 89.9 142.8
Investments of the Group in related parties ........................................... 1,598.1 1,869.7
Receivables ............................................................................................. 236.3 174.4
Payables .................................................................................................. 177.6 376.6
Guarantees issued by the Group ............................................................ 1,916.1 2,355.2
The following are the balances payable to/receivable from key management personnel as on March 31, 2009:
Rupees in million, except number of shares
Items Year ended
March 31, 2009 Year ended
March 31, 2008
Deposits .................................................................................................. 61.4 27.1
Advances ................................................................................................. 7.9 13.9
Investments............................................................................................. 9.3 8.6
Employee Stock Options Outstanding*(Nos.) ........................................ 3,318,125 2,860,625
Employee Stock Options Exercised ....................................................... —138.1
* During the year ended March 31, 2009, Nil employee stock options were exercised by the key management personnel of the Bank
(March 31, 2008: 317,125).
forming part of the Consolidated Accounts (Contd.)
schedules