ICICI Bank 2014 Annual Report Download - page 94

F6
At
31.03.2014
At
31.03.2013
SCHEDULE 2 - RESERVES AND SURPLUS
I. Statutory reserve
Opening balance ............................................................................................. 110,736,519 89,916,519
Additions during the year ............................................................................... 24,530,000 20,820,000
Deductions during the year ............................................................................ — —
Closing balance ............................................................................................... 135,266,519 110,736,519
II. Special reserve
Opening balance ............................................................................................. 45,790,000 38,190,000
Additions during the year ............................................................................... 9,000,000 7,600,000
Deductions during the year ............................................................................ — —
Closing balance ............................................................................................... 54,790,000 45,790,000
III. Securities premium
Opening balance ............................................................................................. 314,030,282 313,591,445
Additions during the year1 .............................................................................. 945,935 438,837
Deductions during the /year ........................................................................... — —
Closing balance ............................................................................................... 314,976,217 314,030,282
IV. Investment reserve account
Opening balance ............................................................................................. — —
Additions during the year ............................................................................... 1,270,000 —
Deductions during the year ............................................................................ — —
Closing balance ............................................................................................... 1,270,000 —
V. Capital reserve
Opening balance ............................................................................................. 22,172,500 21,842,500
Additions during the year2 .............................................................................. 760,000 330,000
Deductions during the year ............................................................................ — —
Closing balance ............................................................................................... 22,932,500 22,172,500
VI. Foreign currency translation reserve
Opening balance ............................................................................................. 13,825,964 8,545,620
Additions during the year ............................................................................... 10,738,333 5,280,344
Deductions during the year3 ........................................................................... (2,222,453) —
Closing balance ............................................................................................... 22,341,844 13,825,964
VII. Reserve fund
Opening balance ............................................................................................. 49,719 21,944
Additions during the year4 .............................................................................. 46,146 27,775
Deductions during the year ............................................................................ — —
Closing balance ............................................................................................... 95,865 49,719
VIII. Revenue and other reserves
Opening balance ............................................................................................. 49,850,534 49,850,534
Additions during the year ............................................................................... — —
Deductions during the year5 ........................................................................... (14,192,278) —
Closing balance ............................................................................................... 35,658,256 49,850,534
IX. Balance in profit and loss account ................................................................ 133,185,885 99,022,874
TOTAL RESERVES AND SURPLUS ........................................................................ 720,517,086 655,478,392
1. Includes ` 731.7 million (March 31, 2013: ` 435.1 million) on exercise of employee stock options.
2. Includes appropriations made for profit on sale of investments in held-to-maturity category, net of taxes and transfer to Statutory
Reserve and profit on sale of land and buildings, net of taxes and transfer to Statutory Reserve.
3. Represents exchange profit on repatriation of retained earnings from overseas branches.
4. Includes appropriations made to Reserve Fund and Investment Fund Account in accordance with regulations applicable to Sri Lanka
branch.
5. Represents amount utilised for creation of deferred tax liability on balance in Special Reserve at March 31, 2013 in accordance with RBI
circular dated December 20, 2013.
(` in ‘000s)
forming part of the Balance Sheet (Contd.)
schedules