ICICI Bank 2011 Annual Report Download - page 84

F6
At
31.03.2011
At
31.03.2010
SCHEDULE 2 - RESERVES AND SURPLUS
I. Statutory reserve
Opening balance ........................................................................................................ 58,863,807 48,793,807
Additions during the year [includes ` 2,002.7 million (March 31, 2010: Nil)]
on amalgamation during the year ended March 31, 2011. ...................................... 14,882,712 10,070,000
Deductions during the year ....................................................................................... ——
Closing balance .......................................................................................................... 73,746,519 58,863,807
II. Special reserve
Opening balance ........................................................................................................ 26,440,000 23,440,000
Additions during the year .......................................................................................... 5,250,000 3,000,000
Deductions during the year ....................................................................................... ——
Closing balance .......................................................................................................... 31,690,000 26,440,000
III. Securities premium
Opening balance ....................................................................................................... 313,511,817 312,917,382
Additions during the year1 ......................................................................................... 1,595,956 594,435
Deductions during the year2 ...................................................................................... 2,097,974 —
Closing balance .......................................................................................................... 313,009,799 313,511,817
I V. Investment reserve account
Opening balance ........................................................................................................ 1,160,000 —
Additions during the year .......................................................................................... —1,160,000
Deductions during the year3 ...................................................................................... 1,160,000 —
Closing balance .......................................................................................................... —1,160,000
V. Capital reserve
Opening balance ........................................................................................................ 20,630,000 16,190,000
Additions during the year4 ......................................................................................... 832,500 4,440,000
Deductions during the year ....................................................................................... ——
Closing balance .......................................................................................................... 21,462,500 20,630,000
VI. Foreign currency translation reserve
Opening balance ........................................................................................................ (19,999) 4,966,797
Additions during the year .......................................................................................... ——
Deductions during the year ....................................................................................... 490,691 4,986,796
Closing balance .......................................................................................................... (510,690) (19,999)
VII. Reserve fund
Opening balance ........................................................................................................ 10,919 8,749
Additions during the year5 ......................................................................................... 360 2,170
Deductions during the year ....................................................................................... ——
Closing balance .......................................................................................................... 11,279 10,919
VIII. Revenue and other reserves
Opening balance ....................................................................................................... 49,794,416 49,784,047
Additions during the year6 ......................................................................................... 2,584 10,369
Deductions during the year ....................................................................................... ——
Closing balance .......................................................................................................... 49,797,000 49,794,416
IX. Balance in profit and loss account ............................................................................. 50,181,837 34,643,807
TOTAL RESERVES AND SURPLUS 539,388,244 505,034,767
1. Includes ` 1,391.3 million (March 31, 2010: ` 568.3 million) on exercise of employee stock options.
2. Represents excess of paid up value of equity shares issued over the fair value of the net assets acquired and amalgamation expenses.
3. Represents the amount utilised for provision made during the year towards depreciation in investments in AFS and HFT categories.
4. Represents profit on sale of investments in HTM category, net of taxes and transfer to Statuory Reserve. Also includes profit on sale of
land and buildings, net of taxes and transfer to Statutory Reserve, for the year ended March 31, 2011.
5. Represents appropriation of 5% of net profit by Sri Lanka branch to meet the requirements of Section 20 of Sri Lankan Banking Act No.30
of 1988.
6. Refer item 9 in Schedule-18.
(` in ‘000s)
forming part of the Balance Sheet (Contd.)
schedules