ICICI Bank 2010 Annual Report Download - page 153

F73
schedules
forming part of the Consolidated Accounts (Contd.)
Other income
During the year ended March 31, 2010, the net loss on derivative transactions entered with Firstsource Solutions Limited
for Rs. 220.9 million (March 31, 2009: net gain Rs. 9.9 million).
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. The material transaction for the year ended March 31, 2009 was with Financial Information Network and
Operations Limited for Rs. 12.4 million.
Dividend paid
During the year ended March 31, 2010, the Bank paid dividend to its key management personnel amounting to
Rs. 4.5 million (March 31, 2009: Rs. 10.2 million). The dividend paid to Mr. K. V. Kamath during the year ended March 31,
2009 was Rs. 5.4 million, dividend paid during the year ended March 31, 2010 to Ms. Chanda D. Kochhar was Rs. 3.0 million
(March 31, 2009: Rs. 3.0 million), to Mr. Sandeep Bakhshi was Rs. 0.03 million, to Mr. N. S. Kannan was Rs. 0.9 million,
to Mr. K. Ramkumar was Rs. 0.2 million (March 31, 2009: Rs. 0.2 million), to Mr. Sonjoy Chatterjee was Rs. 0.3 million
(March 31, 2009: Rs. 0.3 million), to Ms. Madhabi Puri Buch during the year ended March 31, 2009 was Rs. 1.1 million and
to Mr. V. Vaidyanathan during the year ended March 31, 2009 was Rs. 0.2 million.
Remuneration to wholetime directors
Remuneration paid to the wholetime directors of the Bank during the year ended March 31, 2010 was Rs. 119.4 million
(March 31, 2009: Rs. 91.7 million). The remuneration paid for the year ended March 31, 2010 to Mr. K. V. Kamath was
Rs. 4.1 million (March 31, 2009: Rs. 30.8 million), to Ms. Chanda D. Kochhar was Rs. 17.3 million (March 31, 2009:
Rs. 18.4 million), to Mr. Sandeep Bakhshi was Rs. 12.6 million, to Mr. N. S. Kannan was Rs. 10.2 million, to Mr. K. Ramkumar
was Rs. 53.7 million (includes perquisite value of Rs. 40.6 million on employee stock options exercised) (March 31, 2009:
Rs. 1.6 million), to Mr. Sonjoy Chatterjee was Rs. 19.6 million (includes perquisite value of Rs. 7.9 million on employee stock
options exercised) (March 31, 2009: Rs. 13.0 million), to Ms. Madhabi Puri Buch during the year ended March 31, 2009 was
Rs. 13.5 million and to Mr. V. Vaidyanathan was Rs. 1.9 million (March 31, 2009: Rs. 14.4 million).
Donation given
During the year ended March 31, 2010, the Group has given donation to ICICI Foundation for Inclusive Growth amounting
to Rs. 236.2 million (March 31, 2009: Rs. 417.8 million).
Related party balances
The following table sets forth, for the years indicated, the balance payable to/receivable from its associates/other related
entities.
Rupees in million
Items At
March 31, 2010 At March 31, 2009
Deposits with the Group ......................................................................... 300.7 287.3
Advances ................................................................................................. 42.5 89.9
Investments by the Group in related parties .......................................... 955.7 1,598.1
Receivables ............................................................................................. 285.4 236.3
Payables .................................................................................................. 218.0 177.6
Guarantees issued by the Group ............................................................ 0.1 1,916.1
The following table sets forth, for the years indicated, balance payable to/receivable from key management personnel.
Rupees in million, except number of shares
Items At
March 31, 2010 At March 31, 2009
Deposits with the Group ......................................................................... 38.5 61.4
Advances ................................................................................................. 6.7 7.9
Investments............................................................................................. 3.6 9.3
Employee stock options outstanding (numbers) .................................... 1,254,250 3,318,125
Employee stock options exercised1 ........................................................ 46.3 —
1. During the year ended March 31, 2010, 121,875 employee stock options were exercised by the key management personnel of the
Bank (March 31, 2009: Nil).