ICICI Bank 2014 Annual Report Download - page 92

F4
(` in ‘000s)
cash flow statement
Year ended
31.03.2014
Year ended
31.03.2013
Cash flow from operating activities
Profit before taxes ........................................................................................... 139,681,708 113,966,897
Adjustments for:
Depreciation and amortisation ....................................................................... 6,547,956 5,709,115
Net (appreciation)/depreciation on investments ............................................ (420,558) 4,647,716
Provision in respect of non-performing and other assets ............................ 22,522,704 13,948,385
Prudential provision for standard assets ........................................................ 2,487,696 1,439,082
Provision for contingencies & others .............................................................. 542,464 1,376,106
Income from subsidiaries, joint ventures and consolidated entities ............ (13,158,016) (9,416,200)
(Profit)/loss on sale of fixed assets ................................................................. (1,363,815) (352,510)
Employees stock options grants .................................................................... 20,909 20,981
(i) 156,861,048 131,339,572
Adjustments for:
(Increase)/decrease in investments ................................................................ 78,314,244 (22,717,062)
(Increase)/decrease in advances .................................................................... (510,443,893) (380,239,011)
Increase/(decrease) in deposits ...................................................................... 393,000,313 371,136,697
(Increase)/decrease in other assets ................................................................ (50,813,059) 12,992,477
Increase/(decrease) in other liabilities and provisions .................................. 21,377,255 30,496,358
(ii) (68,565,140) 11,669,459
Refund/(payment) of direct taxes ................................................................... (iii) (41,609,922) (31,988,940)
Net cash flow from/(used in) operating activities (i+ii+iii) ........................ (A) 46,685,986 111,020,091
Cash flow from investing activities
Redemption from/(Investments in) subsidiaries and/or joint ventures
(including application money) ........................................................................ 6,129,087 4,050,772
Income from subsidiaries, joint ventures and consolidated entities ............ 13,158,016 9,416,200
Purchase of fixed assets.................................................................................. (6,784,647) (5,883,595)
Proceeds from sale of fixed assets ................................................................. 1,992,598 1,241,898
(Purchase)/sale of held to maturity securities ................................................ (136,959,843) (103,140,846)
Net cash used in investing activities ............................................................ (B) (122,464,789) (94,315,571)
Cash flow from financing activities
Proceeds from issue of share capital (including ESOPs) ............................... 761,819 447,516
Net proceeds/(repayment) of borrowings ...................................................... 93,076,098 50,676,148
Dividend and dividend tax paid ...................................................................... (25,454,225) (21,226,474)
Net cash generated from/(used in) financing activities ............................ (C) 68,383,692 29,897,190
Effect of exchange fluctuation on translation reserve ................................ (D) 8,515,880 5,280,344
Net increase/(decrease) in cash and cash equivalents (A) + (B) + (C) + (D) 1,120,769 51,882,054
Cash and cash equivalents at beginning of the year ................................... 414,175,188 362,293,134
Cash and cash equivalents at end of the year ............................................. 415,295,957 414,175,188
for the year ended March 31, 2014
Significant accounting policies and notes to accounts (refer schedule 17 & 18)
1. Refer item no. 15 in Schedule 17 Significant accounting policies.
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. LLP
Chartered Accountants
ICAI Firm Registration no.: 301003E
K. V. KAMATH HOMI KHUSROKHAN CHANDA KOCHHAR
Chairman Director Managing Director & CEO
SHRAWAN JALAN
Partner
Membership no.:102102
N. S. KANNAN K. RAMKUMAR RAJIV SABHARWAL
Executive Director Executive Director Executive Director
P. S ANKER RAKESH JHA AJAY MITTAL
Place : Mumbai Senior General Manager
(Legal) & Company Secretary
Chief Financial Officer Chief Accountant
Date : April 25, 2014