ICICI Bank 2011 Annual Report Download - page 131
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F53
auditors’ report
with the guidelines and norms issued by the IRDA and the Actuarial Society in concurrence with the IRDA. The statutory
auditors of ICICI Lombard General Insurance Company Limited have relied upon the Appointed Actuary’s certificate in
this regard.
9. Based on our audit and on consideration of reports of other auditors on separate financial statements, on consideration
of reports of branches auditors on separate financial statements, on the consideration of the un-audited financial
statements and on the other financial information of the components, and to the best of our information and according
to the explanations given to us, we are of the opinion that the attached consolidated financial statements give a true and
fair view in conformity with the accounting principles generally accepted in India:
(a) in the case of the consolidated balance sheet, of the state of affairs of the ICICI Group as at March 31, 2011;
(b) in the case of the consolidated profit and loss account, of the profit for the year ended on that date; and
(c) in the case of the consolidated cash flow statement, of the cash flows for the year ended on that date.
For S.R. Batliboi & Co.
Firm registration number: 301003E
Chartered Accountants
per Shrawan Jalan
Partner
Membership No.: 102102
Mumbai
April 28, 2011