ICICI Bank 2012 Annual Report Download - page 152

F74
forming part of the Consolidated Accounts (Contd.)
schedules
SCHEDULE 18
NOTES FORMING PART OF THE ACCOUNTS
The following additional disclosures have been made taking into account the requirements of Accounting Standards
(ASs) and Reserve Bank of India (RBI) guidelines in this regard.
1. Earnings per share
Basic and diluted earnings per equity share are computed in accordance with AS 20 on ‘earnings per share’. Basic
earnings per share is computed by dividing net profit after tax by the weighted average number of equity shares
outstanding during the year. The diluted earnings per equity share is computed using the weighted average number of
equity shares and dilutive potential equity shares outstanding during the year.
The following table sets forth, for the periods indicated, the computation of earnings per share.
` in million, except per share data
Year ended
March 31, 2012
Year ended
March 31, 2011
Basic
Weighted average no. of equity shares outstanding ....................................... 1,152,338,322 1,137,988,639
Net profit ............................................................................................................. 76,429.2 60,932.7
Basic earnings per share (`) .............................................................................. 66.33 53.54
Diluted
Weighted average no. of equity shares outstanding ....................................... 1,155,591,617 1,143,267,823
Net profit ............................................................................................................. 76,338.7 60,876.5
Diluted earnings per share (`) ........................................................................... 66.06 53.25
Nominal value per share (`) ............................................................................... 10.00 10.00
The dilutive impact is mainly due to options granted to employees by the Group.
2. Related party transactions
The Group has transactions with its related parties comprising associates/other related entities and key management
personnel and their relatives.
Associates/other related entities
Financial Inclusion Network & Operations Limited, I-Process Services (India) Private Limited, I-Solutions Providers (India)
Private Limited (up to September 30, 2011)1, NIIT Institute of Finance Banking and Insurance Training Limited, Comm
Trade Services Limited, Prize Petroleum Company Limited (up to September 30, 2011), ICICI Foundation for Inclusive
Growth, Rainbow Fund, ICICI Merchant Services Private Limited and Mewar Aanchalik Gramin Bank2.
1. I-Solutions Providers (India) Private Limited has been amalgamated with I-Process Services (India) Private Limited during the three
months ended December 31, 2011.
2. With respect to an entity, which has been identified as a related party during the quarter ended September 30, 2010, transactions
reported from the quarter ended September 30, 2010.
Key management personnel
Ms. Chanda Kochhar, Mr. Sandeep Bakhshi
1
, Mr. N. S. Kannan, Mr. K. Ramkumar, Mr. Rajiv Sabharwal
2
, Mr. Sonjoy Chatterjee
3
.
Relatives of key management personnel
Mr. Deepak Kochhar, Mr. Arjun Kochhar, Ms. Aarti Kochhar, Mr. Mahesh Advani, Ms. Varuna Karna, Ms. Sunita Advani,
Ms. Mona Bakhshi1, Mr. Sameer Bakhshi1, Ms. Rangarajan Kumudalakshmi, Ms. Aditi Kannan, Mr. Narayanan
Raghunathan, Mr. Narayanan Rangarajan, Mr. Narayanan Krishnamachari, Ms. Narayanan Sudha, Mr. R. Shyam,
Ms. R. Suchithra, Mr. K. Jayakumar, Ms. J. Krishnaswamy, Ms. Sangeeta Sabharwal2, Mr. Sanjiv Sabharwal2,
Mr. Somnath Chatterjee3, Mr. Tarak Nath Chatterjee3, Ms. Sunaina Chatterjee3, Ms. Nandini Chatterjee3.
1. Transactions reported upto July 31, 2010.
2. Transactions reported with effect from June 24, 2010.
3. Transactions reported upto April 30, 2010.