ICICI Bank 2011 Annual Report Download - page 133

F55
The schedules referred to above form an integral part of the Profit and Loss Account
As per our Report of even date. For and on behalf of the Board of Directors
For S.R. BATLIBOI & CO.
Firm’s Registration no.: 301003E
Chartered Accountants
K. V. KAMATH SRIDAR IYENGAR CHANDA KOCHHAR
Chairman Director Managing Director & CEO
SHRAWAN JALAN
Partner
Membership no.: 102102
N. S. KANNAN K. RAMKUMAR RAJIV SABHARWAL
Executive Director & CFO Executive Director Executive Director
SANDEEP BATRA RAKESH JHA
Place : Mumbai Group Compliance Officer &
Company Secretary
Deputy Chief
Financial Officer
Date : April 28, 2011
consolidated profit and loss account
for the year ended March 31, 2011 (` in ‘000s)
Schedule Year ended
31.03.2011
Year ended
31.03.2010
I. INCOME
Interest earned ....................................................................... 13 300,814,041 301,537,078
Other income ......................................................................... 14 315,133,003 294,460,648
TOTAL INCOME ..................................................................... 615,947,044 595,997,726
II. EXPENDITURE
Interest expended .................................................................. 15 193,425,685 207,291,861
Operating expenses ............................................................... 16 313,024,545 277,332,381
Provisions and contingencies ............................................... 46,314,873 62,939,335
TOTAL EXPENDITURE ........................................................... 552,765,103 547,563,577
III. PROFIT/LOSS
Net profit for the year ............................................................ 63,181,941 48,434,149
Less: Minority interest ........................................................... 2,249,269 1,731,204
Net profit/(loss) after minority interest ............................... 60,932,672 46,702,945
Profit/(loss) brought forward ................................................. 16,886,406 5,371,720
TOTAL PROFIT/(LOSS) .......................................................... 77,819,078 52,074,665
I V. APPROPRIATIONS/TRANSFERS
Transfer to Statutory Reserve ................................................ 12,880,000 10,070,000
Transfer to Reserve Fund ....................................................... 360 2,170
Transfer to Capital Reserve ................................................... 832,500 4,440,000
Transfer to/(from) Investment Reserve Account .................. (1,160,000) 1,160,000
Transfer to Special Reserve ................................................... 5,720,000 3,330,000
Transfer to Revenue and other reserves ............................... 679,371 521,833
Dividend (including corporate dividend tax) for the
previous year paid during the year ....................................... 21,658 929
Proposed equity share dividend ........................................... 16,125,811 13,378,604
Proposed preference share dividend .................................... 35 35
Corporate dividend tax .......................................................... 2,641,730 2,284,688
Balance carried over to balance sheet .................................. 40,077,613 16,886,406
TOTAL ..................................................................................... 77,819,078 52,074,665
Significant accounting policies and notes to accounts ................ 17 & 18
Earnings per share (refer note 18.2)
Basic (`) .................................................................................. 53.54 41.93
Diluted (`) ............................................................................... 53.25 41.72
Face value per share (`) ................................................................... 10.00 10.00