ICICI Bank 2013 Annual Report Download - page 155

F77
forming part of the Consolidated Accounts (Contd.)
schedules
During the year ended March 31, 2013, the Group paid insurance claims to associates/other related entities amounting
to ` 0.12 million (March 31, 2012: ` 0.4 million). The material transactions for the year ended March 31, 2013 were with
I-Process Services (India) Private Limited amounting to ` 0.07 million (March 31, 2012: ` 0.4 million) and with FINO
PayTech Limited amounting to ` 0.05 million (March 31, 2012: Nil).
Fees, commission and other income
During the year ended March 31, 2013, the Group received fees from its associates/other related entities amounting to
` 13.9 million (March 31, 2012: ` 21.8 million), from key management personnel of the Bank amounting to ` 0.3 million
(March 31, 2012: ` 0.3 million) and from relatives of key management personnel of the Bank amounting to ` 0.1 million
(March 31, 2012: Nil). The material transaction for the year ended March 31, 2013 was with ICICI Merchant Services
Private Limited amounting to ` 13.1 million (March 31, 2012: ` 18.7 million).
Lease of premises, common corporate and facilities expenses
During the year ended March 31, 2013, the Group recovered from its associates/other related entities an amount
of ` 167.8 million (March 31, 2012: ` 38.4 million) and from key management personnel of the Bank an amount of
` 0.1 million (March 31, 2012: Nil) for lease of premises, common corporate and facilities expenses. The material
transactions for the year ended March 31, 2013 were with ICICI Merchant Services Private Limited amounting
to ` 147.9 million (March 31, 2012: ` 38.4 million) and with FINO PayTech Limited amounting to ` 19.9 million
(March 31, 2012: Nil).
Secondment of employees
During the year ended March 31, 2013, the Group recovered towards deputation of employees from I-Process Services
(India) Private Limited amounting to ` 6.6 million (March 31, 2012: ` 7.0 million).
Brokerage, fees and other expenses
During the year ended March 31, 2013, the Group paid brokerage/fees and other expenses to its associates/
other related entities amounting to ` 3,357.3 million (March 31, 2012: ` 2,551.8 million). The material transactions
for the year ended March 31, 2013 were with ICICI Merchant Services Private Limited amounting to ` 1,305.2 million
(March 31, 2012: ` 953.9 million), I-Process Services (India) Private Limited amounting to ` 1,045.2 million
(March 31, 2012: ` 606.5 million) and with FINO PayTech Limited amounting to ` 962.6 million (March 31, 2012:
` 978.3 million).
Purchase of investments
During the year ended March 31, 2013, the Group invested in the equity shares of India Infradebt Limited amounting
to ` 930.0 million (March 31, 2012: Nil), applied for equity shares of Mewar Aanchalik Gramin Bank amounting to
` 18.6 million (March 31, 2012: Nil) and invested in equity warrants of FINO PayTech Limited amounting to Nil
(March 31, 2012: ` 40.0 million).
Sale of investments
During the year ended March 31, 2013, the Group sold certain investments to Mewar Aanchalik Gramin Bank amounting
to Nil (March 31, 2012: ` 48.7 million).
Interest expenses
During the year ended March 31, 2013, the Group paid interest to its associates/other related entities amounting to
` 265.1 million (March 31, 2012: ` 156.6 million), to its key management personnel amounting to ` 2.9 million
(March 31, 2012: ` 2.0 million) and to relatives of key management personnel amounting to ` 1.7 million
(March 31, 2012: ` 1.1 million). The material transactions for the year ended March 31, 2013 were with Mewar Aanchalik
Gramin Bank amounting to ` 162.4 million (March 31, 2012: ` 128.9 million), India Infradebt Limited amounting to
` 84.5 million (March 31, 2012: Nil) and with ICICI Merchant Services Private Limited amounting to ` 7.6 million
(March 31, 2012: ` 17.0 million).
Interest income
During the year ended March 31, 2013, the Group received interest from its associates/other related entities amounting
to ` 97.7 million (March 31, 2012: ` 51.6 million), from its key management personnel amounting to ` 0.4 million
(March 31, 2012: ` 0.5 million) and from relatives of key management personnel amounting to ` 0.7 million
(March 31, 2012: ` 0.7 million). The material transactions for the year ended March 31, 2013 were with ICICI Merchant
Services Private Limited amounting to ` 47.5 million (March 31, 2012: ` 48.0 million) and with Mewar Aanchalik Gramin
Bank amounting to ` 47.2 million (March 31, 2012: Nil).