ICICI Bank 2012 Annual Report Download - page 111

F33
(III) Movement of NPAs
` in million
Particulars Year ended
March 31, 2012
Year ended
March 31, 2011
Opening balance of gross NPAs1 ............................................................... 100,342.6 94,806.5
Additions: fresh NPAs during the year2,3 .................................................... 29,861.2 28,656.3
Sub-total (A) ................................................................................................ 130,203.8 123,462.8
Less:
i) Upgradations ........................................................................................ (7,381.1) (7,581.6)
ii) Recoveries (excluding recoveries made from upgraded accounts) (16,234.5) (13,670.1)
iii) Write-offs ............................................................................................... (11,834.9) (1,868.5)
Sub-total (B) ................................................................................................ (35,450.5) (23,120.2)
Closing balance of gross NPAs1 (A-B) ....................................................... 94,753.3 100,342.6
1. Net of write-off.
2. Includes cases added to and deleted from NPAs during the year ended March 31, 2012, with such gross loans amounting to
` 8,561.8 million (March 31, 2011: ` 5,025.8 million).
3. For NPAs in credit cards, the difference between the opening and closing balances (other than accounts written off during
the year) is included in additions during the year.
(IV) Overseas assets, NPAs and revenue
` in million
Particulars At
March 31, 2012
At
March 31, 2011
Total assets1 ............................................................................................... 848,040.6 697,435.3
Total NPAs (net)2 ........................................................................................ 508.1 981.1
Total revenue1 ............................................................................................ 44,327.6 39,309.8
1. Represents the total assets and total revenue of foreign operations as reported in Schedule 18 notes to accounts note no. 4
on information about business and geographical segments, of the financial statements.
2. As per RBI guidelines.
(V) Off-balance sheet special purpose vehicles (SPVs) sponsored (which are required to be consolidated as per
accounting norms)
(a) The following table sets forth, the names of SPVs/trusts sponsored by the Bank/subsidiaries which are consolidated.
Sr.
No. Name of the SPV sponsored1
A. Domestic
1. ICICI Eco-net Internet and Technology Fund
2. ICICI Equity Fund
3. ICICI Emerging Sectors Fund
4. ICICI Strategic Investments Fund
5. ICICI Venture Value Fund
B. Overseas
None
1. The nature of business of the above entities is given in significant accounting policies (Schedule 17) in the consolidated
notes to accounts to consolidated financial statements.
(b) The following table sets forth, the names of SPVs/trusts which are not sponsored by the Bank/subsidiaries and
are consolidated.
Sr.
No.
Name of the SPV1
A. Domestic
1. Rainbow Fund
B. Overseas
None
1. The nature of business of the above entities is given in significant accounting policies (Schedule 17) in the notes to accounts
to consolidated financial statements.
forming part of the Accounts (Contd.)
schedules