ICICI Bank 2012 Annual Report Download - page 134

F56
for the year ended March 31, 2012 (` in ‘000s)
Significant accounting policies and notes to accounts (refer schedule 17 & 18).
The schedules referred to above form an integral part of the Balance Sheet.
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 27, 2012
consolidated cash flow statement
Particulars Year ended
31.03.2012
Year ended
31.03.2011
Cash flow from operating activities
Profit before taxes .......................................................................................... 103,919,499 81,647,759
Adjustments for :
Depreciation and amortisation ..................................................................... 7,546,097 8,576,451
Net (appreciation)/depreciation on investments ......................................... 7,773,019 14,541,573
Provision in respect of non-performing assets (including prudential
provision on standard assets) ....................................................................... 10,789,101 20,555,297
Provision for contingencies & others ............................................................ 2,100,543 1,881,817
(Profit)/loss on sale of fixed assets ............................................................... 37,180 (299,958)
Employee stock options grants .................................................................... 93,240 2,929
132,258,679 126,905,868
Adjustments for :
(Increase)/decrease in investments .............................................................. (126,076,483) (79,202,742)
(Increase)/decrease in advances .................................................................. (335,829,069) (261,585,581)
Increase/(decrease) in borrowings ............................................................... 276,971,782 75,360,723
Increase/(decrease) in deposits .................................................................... 228,444,687 40,049,589
(Increase)/decrease in other assets .............................................................. (24,703,198) 25,485,114
Increase/(decrease) in other liabilities and provisions ................................ 83,850,256 58,657,380
102,657,975 (141,235,517)
Refund/(payment) of direct taxes ................................................................. (26,082,984) (22,046,919)
Net cash flow from/(used in) operating activities ..................................... (A) 208,833,670 (36,376,568)
Cash flow from investing activities .............................................................
Purchase of fixed assets ................................................................................ (6,054,398) (8,940,934)
Proceeds from sale of fixed assets ............................................................... 180,758 707,207
(Purchase)/sale of held to maturity securities .............................................. (206,755,330) (52,576,194)
Net cash used in investing activities .......................................................... (B) (212,628,970) (60,809,921)
Cash flow from financing activities
Proceeds from issue of share capital (including ESOPs) ............................. 591,128 1,426,887
Net proceeds/(repayment) of bonds (including subordinated debt) .......... 35,843,538 20,712,924
Dividend and dividend tax paid .................................................................... (19,013,434) (15,567,579)
Net cash generated from financing activities ............................................. (C) 17,421,232 6,572,232
Effect of exchange fluctuation on translation reserve ............................... (D) 4,084,332 1,253,363
Net cash and cash equivalents taken over from
erstwhile The Bank of Rajasthan Limited on amalgamation .................... (E) – 11,772,300
Net increase/(decrease) in cash and cash equivalents (A)+(B)+(C)+(D)+(E) 17,710,264 (77,588,594)
Cash and cash equivalents at the beginning of the year .......................... 393,852,619 471,441,213
Cash and cash equivalents at end of the year ........................................... 411,562,883 393,852,619