ICICI Bank 2013 Annual Report Download - page 65

Annual Report 2012-2013 63
increased by 11.4% from ` 963.63 billion at March 31, 2012 to ` 1,073.59 billion at March 31, 2013. Net
advances of overseas branches (including offshore banking unit) decreased in USD terms by 0.7% from
US$ 13.6 billion at March 31, 2012 to US$ 13.5 billion at March 31, 2013. In rupee terms, net advances of
overseas branches (including offshore banking unit) increased by 5.7% from ` 694.03 billion at March 31,
2012 to ` 733.57 billion at March 31, 2013.
Fixed and other assets
Net fixed assets increased marginally from ` 46.15 billion at March 31, 2012 to ` 46.47 billion at March
31, 2013. Other assets decreased by 16.7% from ` 349.37 billion at March 31, 2012 to ` 290.87 billion at
March 31, 2013.
At March 31, 2013, we have presented mark-to-market on forex and derivatives trading transactions
(including revaluation on outstanding funding swaps) and interest accrual on hedge swaps on gross basis.
Accordingly, the gross positive mark-to-market amounting to ` 113.24 billion has been included in Other
assets at March 31, 2013. Consequent to the change, Other assets have increased by ` 154.22 billion at
March 31, 2012. This was previously presented on a net basis and the net positive mark-to-market was
recorded in ‘Other Assets’ and the net negative mark-to-market was recorded in ‘Other Liabilities’.
Liabilities
The following table sets forth, at the dates indicated, the principal components of liabilities (including
capital and reserves).
` in billion, except percentages
Liabilities At March 31, 2012 At March 31, 2013 % change
Equity share capital ` 11.53 ` 11.54 0.1%
Reserves 592.52 655.52 10.6
Deposits 2,555.00 2,926.14 14.5
- Savings account deposits 760.46 856.51 12.6
- Current account deposits 349.73 369.26 5.6
- Term deposits 1,444.81 1,700.37 17.7
Borrowings (excluding subordinated debt and
preference share capital) 1,022.00 1,053.29 3.1
- Domestic 377.38 402.98 6.8
- Overseas branches 644.62 650.31 0.9
Subordinated debt (included in Tier-1 and
Tier-2 capital)1376.15 396.62 5.4
- Domestic 358.90 378.21 5.4
- Overseas branches 17.25 18.41 6.7
Preference share capital13.50 3.50 0.0
Other liabilities 329.99 321.34 (2.6)
Total liabilities ` 4,890.69 ` 5,367.95 9.8%
1. Included in Schedule 4 - “Borrowings” of the balance sheet.
2. All amounts have been rounded off to the nearest ` 10.0 million.
Total liabilities (including capital and reserves) increased by 9.8% from ` 4,890.69 billion at March 31, 2012 to
` 5,367.95 billion at March 31, 2013, primarily due to an increase in borrowings and deposits. Deposits
increased by 14.5% from ` 2,555.00 billion at March 31, 2012 to ` 2,926.14 billion at March 31, 2013.
Borrowings increased from ` 1,401.65 billion at March 31, 2012 to ` 1,453.41 billion at March 31, 2013.
Deposits
Deposits increased by 14.5% from ` 2,555.00 billion at March 31, 2012 to ` 2,926.14 billion at March 31,
2013. Term deposits increased from ` 1,444.81 billion at March 31, 2012 to ` 1,700.37 billion at March
31, 2013, while savings deposits increased from ` 760.46 billion at March 31, 2012 to ` 856.51 billion
at March 31, 2013 and current deposits increased from ` 349.73 billion at March 31, 2012 to ` 369.26