SUBMITTED BY SUBMITTED TO

HARINDER PAL NITIKA BATRA

PGPM

1022
 INTRODUCTION
ICICI Bank is India's second-largest bank with total assets of Rs. 3,634.00 billion (US$ 81 billion) at
March 31, 2010 and profit after tax Rs. 40.25 billion (US$ 896 million) for the year ended March 31,
2010. The Bank has a network of 2,510 branches and 5,808 ATMs in India, and has a presence in 19
countries, including India. ICICI Bank offers a wide range of banking products and financial services to
corporate and retail customers through a variety of delivery channels and through its specialised
subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset
management. The Bank currently has subsidiaries in the United Kingdom, Russia and Canada,
branches in United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International
Finance Centre and representative offices in United Arab Emirates, China, South Africa, Bangladesh,
Thailand, Malaysia and Indonesia. Our UK subsidiary has established branches in Belgium and
Germany.

ICICI Bank's equity shares are listed in India on Bombay Stock Exchange and the National Stock
Exchange of India Limited and its American Depositary Receipts (ADRs) are listed on the New York
Stock Exchange (NYSE).
 ------------------- in Rs. Cr.
Balance Sheet of ICICI Bank
-------------------
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Capital and Liabilities:

Total Share Capital 1,239.83 1,249.34 1,462.68 1,463.29 1,114.89
Equity Share Capital 889.83 899.34 1,112.68 1,113.29 1,114.89
Share Application Money 0.00 0.00 0.00 0.00 0.00
Preference Share Capital 350.00 350.00 350.00 350.00 0.00
Reserves 21,316.16 23,413.92 45,357.53 48,419.73 50,503.48
Revaluation Reserves 0.00 0.00 0.00 0.00 0.00
Net Worth 22,555.99 24,663.26 46,820.21 49,883.02 51,618.37
165,083.1
Deposits 230,510.19 244,431.05 218,347.82 202,016.60
7
Borrowings 38,521.91 51,256.03 65,648.43 67,323.69 94,263.57
 203,605.0
Total Debt 281,766.22 310,079.48 285,671.51 296,280.17
8
Other Liabilities & Provisions 25,227.88 38,228.64 42,895.39 43,746.43 15,501.18
251,388.9
Total Liabilities 344,658.12 399,795.08 379,300.96 363,399.72
5
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10

12 mths 12 mths 12 mths 12 mths 12 mths

Assets
Cash & Balances with RBI 8,934.37 18,706.88 29,377.53 17,536.33 27,514.29
Balance with Banks, Money at
8,105.85 18,414.45 8,663.60 12,430.23 11,359.40
Call
146,163.1
Advances 195,865.60 225,616.08 218,310.85 181,205.60
1
Investments 71,547.39 91,257.84 111,454.34 103,058.31 120,892.80
Gross Block 5,968.57 6,298.56 7,036.00 7,443.71 7,114.12
Accumulated Depreciation 1,987.85 2,375.14 2,927.11 3,642.09 3,901.43
Net Block 3,980.72 3,923.42 4,108.89 3,801.62 3,212.69
Capital Work In Progress 147.94 189.66 0.00 0.00 0.00
Other Assets 12,509.57 16,300.26 20,574.63 24,163.62 19,214.93
251,388.9
Total Assets 344,658.11 399,795.07 379,300.96 363,399.71
5

119,895.7
Contingent Liabilities 177,054.18 371,737.36 803,991.92 694,948.84
8
Bills for collection 15,025.21 22,717.23 29,377.55 36,678.71 38,597.36
Book Value (Rs) 249.55 270.37 417.64 444.94 463.01
 Profit & Loss - ICICI Bank Ltd.
  Mar'10 Mar'09 Mar'08 Mar'07 Mar'06
  12 Months 12 Months 12 Months 12 Months 12 Months
INCOME:
Sales Turnover 32,747.36 38,250.39 39,467.92 28,457.13 17,517.83
Excise Duty 0.00 0.00 0.00 0.00 0.00
NET SALES 32,747.36 38,250.39 39,467.92 28,457.13 17,517.83
Other Income 0.00 0.00 0.00 0.00 0.00
TOTAL INCOME 33,052.72 38,581.03 39,533.50 28,766.30 17,983.86
EXPENDITURE:
Manufacturing Expenses 0.00 0.00 0.00 0.00 0.00
Material Consumed 0.00 0.00 0.00 0.00 0.00
Personal Expenses 1,925.79 1,971.70 2,078.90 1,616.75 1,082.29
Selling Expenses 236.28 669.21 1,750.60 1,741.63 840.98
Administrative Expenses 7,440.42 7,475.63 6,447.32 4,946.69 2,727.18
Expenses Capitalised 0.00 0.00 0.00 0.00 0.00
Provisions Made -253.09 -511.17 -509.77 -421.30 22.68
TOTAL EXPENDITURE 9,349.40 9,605.37 9,767.05 7,883.77 4,673.13
Operating Profit 5,552.30 5,407.91 5,706.85 3,793.56 3,269.94
EBITDA 5,857.66 5,738.55 29,256.68 20,461.23 13,333.41
Depreciation 619.50 678.60 578.35 544.78 623.79
Other Write-offs 0.00 0.00 0.00 0.00 0.00
EBIT 5,238.15 5,059.96 28,678.32 19,916.45 12,709.61
Interest 17,592.57 22,725.93 23,484.24 16,358.50 9,597.45
EBT 5,491.24 5,571.13 5,703.85 3,979.25 3,089.49
Taxes 1,600.78 1,830.51 1,611.73 984.25 556.53
Profit and Loss for the Year 3,890.47 3,740.62 4,092.12 2,995.00 2,532.95
Non Recurring Items 134.52 17.51 65.61 115.22 7.12
Other Non Cash Adjustments 0.00 -0.5 0.00 0.00 0.00
Other Adjustments 0.00 0.58 0.00 0.00 0.00
REPORTED PAT 4,024.98 3,758.13 4,157.73 3,110.22 2,540.07
KEY ITEMS
Preference Dividend 0.00 0.00 0.00 0.00 0.00
Equity Dividend 1,337.95 1,224.58 1,227.70 901.17 759.33
Equity Dividend (%) 120.00 109.99 110.33 100.20 85.33
Shares in Issue (Lakhs) 11,148.45 11,132.51 11,126.87 8,992.67 8,898.24
EPS - Annualised (Rs) 36.10 33.76 37.37 34.59 28.55