ICICI Bank 2010 Annual Report Download - page 59

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Financial Condition
The following table sets forth, for the periods indicated, the summarised balance sheet.
Rs. in billion, except percentages
March 31,
2009 March 31,
2010 % change
Assets:
Cash, balances with RBI and other banks and Statutory Liquidity
Ratio (SLR) investments1Rs. 933.53 Rs. 1,072.77 14.9
– Cash and balances with RBI and banks 299.66 388.73 29.7
– SLR investments1633.87 684.04 7.9
Advances 2,183.11 1,812.06 (17.0)
Debentures, bonds and other investments 396.71 524.89 32.3
Fixed assets (including leased assets) 38.02 32.13 (15.5)
Other assets 241.64 192.15 (20.5)
Total Assets Rs. 3,793.01 Rs. 3,634.00 (4.2)
Liabilities:
Equity capital and reserves Rs. 495.33 Rs. 516.18 4.2
– Equity capital 11.13 11.15 0.2
– Reserves 484.20 505.03 4.3
Deposits 2,183.48 2,020.17 (7.5)
– Savings deposits 410.36 532.18 29.7
– Current deposits 216.32 309.98 43.3
– Term deposits 1,556.80 1,178.01 (24.3)
Preference capital23.50 3.50 —
Borrowings 673.24 609.47 9.5
– Domestic 138.56 140.21 1.2
– Overseas 534.68 469.26 12.2
Subordinated debt (included in Tier-1 and Tier-2 capital) 2 254.82 329.67329.4
– Domestic 237.66 314.47332.3
– Overseas 17.16 15.20 (11.4)
Other liabilities 182.64 155.01 (15.1)
Total liabilities Rs. 3,793.01 Rs. 3,634.00 (4.2)
1. Government and other approved securities qualifying for SLR. Banks in India are required to maintain a specified percentage,
currently 25.0% (24.0% at year-end fiscal 2009), of their net demand and time liabilities by way of liquid assets like cash, gold or
approved unencumbered securities.
2. Included in - “Borrowings” in Schedule 4 of the balance sheet.
3. Includes application money of Rs. 25.00 billion received towards subordinated debt issued on April 5, 2010.
4. All amounts have been rounded off to the nearest Rs. 10.0 million.
Our total assets (including the impact of exchange fluctuation on foreign currency denominated assets) decreased
by 4.2% from Rs. 3,793.01 billion at year-end fiscal 2009 to Rs. 3,634.00 billion at year-end fiscal 2010. Net advances
decreased by 17.0% from Rs. 2,183.11 billion at year-end fiscal 2009 to Rs. 1,812.06 billion at year-end fiscal 2010,
primarily due to a decrease in retail advances. Net retail advances (including dealer financing and developer financing
portfolios) decreased by 25.6% from Rs. 1,062.03 billion at year-end fiscal 2009 to Rs. 790.45 billion at year-end fiscal
2010 and constituted 43.6% of our total net advances at year-end fiscal 2010. Net advances of overseas branches
(including offshore banking unit) decreased in USD terms from USD 10.7 billion at year-end fiscal 2009 to USD 10.0
billion at year-end fiscal 2010. Net advances decreased in rupee terms on account of appreciation of the rupee
relative to the US dollar from Rs. 542.91 billion at year-end fiscal 2009 to Rs. 451.37 billion at year-end fiscal 2010
on account of appreciation of the rupee relative to the US dollar.
57
Annual Report 2009-2010
khayaal aapka