ICICI Bank 2012 Annual Report Download - page 82

F4
(` in ‘000s)
cash flow statement
Year ended
31.03.2012
Year ended
31.03.2011
Cash flow from operating activities
Profit before taxes ........................................................................................... 88,034,223 67,607,025
Adjustments for :
Depreciation and amortisation ....................................................................... 6,016,209 6,779,203
Net (appreciation)/depreciation on investments ............................................ 11,007,862 13,498,447
Provision in respect of non-performing assets (including prudential
provision on standard assets) ......................................................................... 9,931,796 19,769,127
Provision for contingencies & others .............................................................. 1,766,718 1,061,083
Income from subsidiaries, joint ventures and consolidated entities (7,625,631) (4,358,221)
(Profit)/Loss on sale of fixed assets ................................................................ 16,876 (411,695)
Employees stock options grants .................................................................... 20,925 2,929
109,168,978 103,947,898
Adjustments for :
(Increase)/decrease in investments ................................................................ (127,636,008) (56,232,153)
(Increase)/decrease in advances .................................................................... (388,801,703) (310,048,851)
Increase/(decrease) in borrowings ................................................................. 249,218,173 102,920,003
Increase/(decrease) in deposits ...................................................................... 298,978,483 100,567,606
(Increase)/decrease in other assets ................................................................ (34,417,248) 24,232,654
Increase/(decrease) in other liabilities and provisions .................................. 11,538,969 (15,973,315)
8,880,666 (154,534,056)
Refund/(payment) of direct taxes ................................................................... (21,211,450) (18,503,060)
Net cash flow from/(used in) operating activities ....................................... (A) 96,838,194 (69,089,218)
Cash flow from investing activities ...............................................................
Investments in subsidiaries and/or joint ventures (including application money) –(2,516,000)
Income from subsidiaries, joint ventures and consolidated entities ............ 7,625,631 4,358,221
Purchase of fixed assets .................................................................................... (4,530,919) (4,557,106)
Proceeds from sale of fixed assets ................................................................. 90,174 552,792
(Purchase)/sale of held to maturity securities ................................................ (125,986,553) (18,926,154)
Net cash used in investing activities ............................................................ (B) (122,801,667) (21,088,247)
Cash flow from financing activities ...............................................................
Proceeds from issue of share capital (including ESOPs) ............................... 591,128 1,404,886
Net proceeds/(repayment) of bonds (including subordinated debt) ............ 55,861,251 44,680,138
Dividend and dividend tax paid ...................................................................... (18,152,914) (15,025,283)
Net cash generated from financing activities............................................... (C) 38,299,465 31,059,741
Effect of exchange fluctuation on translation reserve ................................. (D) 9,056,310 (490,685)
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) 21,392,302 (47,836,109)
Cash and cash equivalents at beginning of the year ................................... 340,900,832 388,736,940
Cash and cash equivalents at end of the year ............................................. 362,293,134 340,900,831
for the year ended March 31, 2012
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