ICICI Bank 2016 Annual Report Download - page 226

Annual Report 2015-2016224
Schedules
forming part of the Consolidated Accounts (Contd.)
Consolidated Financial Statements
SCHEDULE 18
NOTES FORMING PART OF THE ACCOUNTS
The following additional disclosures have been made taking into account the requirements of Accounting Standards
(ASs) and Reserve Bank of India (RBI) guidelines in this regard.
1. Earnings per share
Basic and diluted earnings per equity share are computed in accordance with AS 20–Earnings per share. Basic
earnings per equity share is computed by dividing net prot after tax by the weighted average number of equity shares
outstanding during the year. The diluted earnings per equity share is computed using the weighted average number of
equity shares and weighted average number of dilutive potential equity shares outstanding during the year.
The following table sets forth, for the periods indicated, the computation of earnings per share.
` in million, except per share data
Year ended
March 31, 2016
Year ended
March 31, 2015
Basic
Weighted average no. of equity shares outstanding 5,807,339,489 5,785,726,485
Net prot 101,799.6 122,468.7
Basic earnings per share (`)17.53 21.17
Diluted
Weighted average no. of equity shares outstanding 5,840,224,893 5,842,092,456
Net prot 101,703.1 122,340.2
Diluted earnings per share (`)17.41 20.94
Nominal value per share (`)2.00 2.00
The dilutive impact is due to options granted to employees by the Group.
2. Related party transactions
The Group has transactions with its related parties comprising associates/other related entities and key management
personnel and their relatives.
Associates/other related entities
FINO PayTech Limited, I-Process Services (India) Private Limited, NIIT Institute of Finance Banking and Insurance
Training Limited, Comm Trade Services Limited, ICICI Foundation for Inclusive Growth, ICICI Merchant Services
Private Limited, India Infradebt Limited, India Advantage Fund-III, India Advantage Fund-IV, Catalyst Management
Services Private Limited and Akzo Nobel India Limited.
India Advantage Fund-IV has been identied as a related party during the three months ended September 30, 2014.
Key management personnel
Ms. Chanda Kochhar, Mr. N. S. Kannan, Ms. Vishakha Mulye1, Mr. K. Ramkumar, Mr. Rajiv Sabharwal.
1. Identified as related party from the three months ended March 31, 2016.
Relatives of key management personnel
Mr. Deepak Kochhar, Mr. Arjun Kochhar, Ms. Aarti Kaji, Mr. Mahesh Advani, Ms. Rangarajan Kumudalakshmi,
Ms. Aditi Kannan, Ms. Sudha Narayanan, Mr. Raghunathan Narayanan, Mr. Rangarajan Narayanan, Mr. Vivek Mulye1,
Ms. Vriddhi Mulye1, Mr. Gauresh Palekar1, Ms. Shalaka Gadekar1, Ms. Jaya Ramkumar, Mr. R. Shyam, Ms. R. Suchithra,
Mr. K. Jayakumar, Mr. R. Krishnaswamy, Ms. J. Krishnaswamy, Ms. Pushpa Muralidharan, Ms. Malathi Vinod,
Ms. Sangeeta Sabharwal, Mr. Kartik Sabharwal, Mr. Arnav Sabharwal and Mr. Sanjiv Sabharwal.
1. Identified as related parties from the three months ended March 31, 2016.