ICICI Bank 2016 Annual Report Download - page 212

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Annual Report 2015-2016210
` in ‘000s
Year ended
31.03.2016
Year ended
31.03.2015
SCHEDULE 16 - OPERATING EXPENSES
I. Payments to and provisions for employees 69,122,888 65,683,216
II. Rent, taxes and lighting 12,424,715 11,540,155
III. Printing and stationery 1,742,022 1,587,878
IV. Advertisement and publicity 7,199,746 5,281,639
V. Depreciation on property 8,238,922 7,631,612
VI. Depreciation (including lease equalisation) on leased assets 192,206 350,597
VII. Directors' fees, allowances and expenses 62,939 59,228
VIII. Auditors' fees and expenses 230,227 222,336
IX. Law charges 1,127,613 1,272,588
X. Postages, courier, telephones, etc. 4,028,285 3,744,913
XI. Repairs and maintenance 11,540,341 10,082,794
XII. Insurance 3,332,350 3,147,514
XIII. Direct marketing agency expenses 11,521,566 10,131,867
XIV. Claims and benets paid pertaining to insurance business 53,973,461 41,274,246
XV. Other expenses pertaining to insurance business1 178,736,575 150,365,430
XVI. Other expenditure 44,421,759 37,851,106
TOTAL OPERATING EXPENSES 407,895,615 350,227,119
1. Includes commission expenses and reserves for actuarial liabilities (including the investible portion of the premium on the
unit-linked policies).
Schedules
forming part of the Consolidated Profit and Loss Accounts (Contd.)
Consolidated Financial Statements