FINANCIAL ACCOUNTING

FIELD STUDY
PROJECT ON ICICI BANK

PRESENTATION BY:SOMESH MAYANK,

KAPIL,IAN

Icici bank
ICICI Bank is the largest private sector bank in India in terms of market capitalization. It is also the second
largest bank in India in terms of assets with a total
asset of ` 3,674.19 billion (US$ 77 billion) as on June 30, 2009. For the quarter ended on June 30, 2009, the
total profit after tax has been ` 8.78 billion. Formerly known as Industrial Credit and Investment Corporation
of India, ICICI Bank has an extensive network of 1,544 branches with about 4,816 ATMS located across India
and in 18 other countries. ICICI Bank serves over 24 Million customers throughout the world. It is considered
as one of the Big Four Banks in India along with State Bank of India, HDFC Bank and Axis Bank.
ICICI Bank provides a wide array of banking products and financial services to its retail and corporate
customers. It has a wide variety of delivery channels and specialized affiliates and subsidiaries that ensure
the flow of its offerings in the areas like investment banking, venture capital, life and non-life insurance and
asset management. This bank is also India's largest credit card issuer. The equity share of ICICI Bank is
listed on various stock exchanges like NSE, BSE, Kolkata Stock Exchange and Vadodara Stock Exchange
etc. Its AD ` are also listed on the New York Stock Exchange.
ICICI Bank also has the largest international balance sheet among all the banks in India. It is also expanding
its business in the overseas market at an enviable pace. In Q2 September 2008, ICICI Bank recorded a
1.15% growth in net profit over Q2 September 2007 to reach at ` 1,014.21 crores. The current and savings
account (CASA) ratio of the bank also went up from 25% in 2007 to 30% in 2008

GENERAL INFORMATION
Name of unit

Icici bank

Registered office

"

Tel. no.

0265-2339923

Fax

0265-2339926

Email.

investor@icicibank.com

Website

http://www.icicibank.com

Corporate office

ICICI

Registrar and share transfer agent

3i Infotech Ltd
Tower, No.5,
3rd to 6th Floor,
International Infotech Park,
City:New Mumbai
State:Maharashtra
Pincode:400703

10

Business group

ICICI Group

12

ISIN NO.

INE090A01013

13

Incorporation

05/01/1994

14

Bankers

Private sector

15

Auditors

S R Batliboi & Co.

1
2

Landmark",
Race Course Circle
City:Vadodra
State:Gujarat
Pincode:390007

Bank Towers,
Bandra-Kurla Complex
City:Mumbai
State:Maharashtra
Pincode:400051

CORPORATE INFORMATION

S.NO. DESIGNATION
chairman
1
Executive director
2
Director
3
Director
4
Director
5
Director
6
Company sectary
7

NAME
K V Kamath
K Ramkumar
M S Ramachandran
Homi Khusrokhan
Sridar lyengar
Tushaar Shah
Sandeep Batra

SUBSIDIRIES AND BRANCHES

ICICI Bank has branches and subsidiaries in the following countries:

United Kingdom
Subsidiaries

Russia
Canada

United States
Branches

Singapore
Bahrain
Hong Kong
Sri Lanka
Qatar
Dubai

United Arab Emirates

China
International Finance Centre

South Africa
Bangladesh
Thailand
Malaysia
Indonesia

CHANNELS
ICICI Bank has the following channels through which it offers its
products and services to its customers.
Branches
ATMs
Internet Banking
Mobile Banking
Phone Banking

PRODUCT AND SERVICES

ICICI Bank offers a host of products and services to its clients, which include Deposits, Loans, Cards, Investments, Insurance, Demat,
NRI Services and Online Services etc.
Deposits
following deposited are offer:
Savings Account
Advantage Deposit
Special Savings Account
Life Plus Senior Citizens Savings Account
Fixed Deposits
Loans
ICICI Bank offers following loan facilities:
Home Loans
Loan Against Property
Personal Loans
Car Loans
Two Wheeler Loans
Cards
ICICI Bank is India's largest issuer of credit cards. It also offers other types of cards. The various cards offered by ICICI bank are as below:

Consumer Cards
Credit Cards
Travel Cards
Debit Cards
Commercial Cards
Corporate Cards
Prepaid Cards

Investments
ICICI Bank facilitates a range of investment products including:

ICICI Bank Tax Saving Bonds

Mutual Funds
Government of India Bonds
Initial Public Offers (IPO) by Corporates
Foreign Exchange Services
Insurance
ICICI Bank offers various types of insurance. Customers can choose from the following:

Home Insurance
Health Insurance
Health Advantage Plus

NRI Services
Following services are offered to the NRIs:

Money Transfer
Bank Accounts
Investments
Home Loans
Insurance
Loans Against FD

CAPITAL STRUCTURE

FROM

TO

TYPES OF SHARES

AUTHORIZED

ISSUED

SHARES

SHARES

PAID UP

PAID UP

SHARES FACE VALUE

PAID UP
CAPITAL

07

08

EQUITY SAHRES

1275

1151.77

1151772372

10

1151.77

08

09

EQUITY SAHRES

1275

1114.85

1114845314

10

1114.85

09

10

EQUITY SAHRES

1275

1113.25

1113250642

10

1113.25

10

11

EQUITY SAHRES

1275

1112.69

1112687495

10

1112.69

BALANCE SHEET ANALYSIS

ITEMS
{SOURCE FUND}
(owner fund)
Equity share capital
Share applied money
Preference share capital
Reserve &surplus
(loan fund)
Secured loan
Unsecured loan
TOTAL
{USES OF FUND}
(FIXED ASSESTS)
Gross block
Less:-revaluation reserve
Less:-accumulated depreciation
Net block
Capital work in progress
Investment
(net current assets)
Current assests,loans &advantage
Less:-current liabilities provision
Total net current assets
Miscellanies expenditure not written
total

2011

2010

2009

2008

1151.82
0.29
53,938.82

1,114.89
50,503.48

1,113.29
350.00
48,419.73

1,112.68
350.00
45,357.53

2,25,602.11
2,80,693.05

2,02,016.60
2,53,634.96

2,18,347.82
2,68,230.84

2,44,431.05
2,91,251.26

9,107.47
4,363.21
4,744.26
1,34,685.96
27,630.41
15,986.35
11,644.06
1,51,074.28

7,114.12
3,901.43
3,212.69
1,20,892.80
29,997.23
15,501.18
14,496.05
1,38,601.54

7,443.71
3,642.09
3,801.62
1,03,058.31
34,384.06
43,746.43
-9,362.37
97,497.56

7,036.00
2,927.11
4,108.90
1,11,454.34
31,129.77
42,895.38
-11,765.62
1,03,797.62

Interpretation
(1) The above statement shows that in absolute terms, the total source fund was Rs. 2,91,251.26 in
2008,Rs.2,68,230.84 in year 2009,Rs.2,53,634.96in year 2010,Rs.2,80,693.05 in year 2011.and Total
uses of fund are was Rs.1,03,797.62 in year 2008,Rs.97497.56 in year 2009,Rs.138601.54 in year 2010
and 1,51,074.28 in year2011
(2) The source of fund in year 2009 will fall down in compare of year 2008,and source of fund in year
2010 will also fall in compare of year 2009 and the source of fund 2011 will rise in compare of year 2010.
(3)The uses of fund in year 2009 will fall down in compare of year 2008,uses of fund will rises in year in
2010 in compare of year 2009,and also in year 2011 the uses of fund will also rises in compare of year
2010.

PROFIT AND LOSS ACCOUNT ANALYSIS

ITEMS
Income
Operating income
Expenses
Material consumed
Manufacturing expenses
Personnel expenses
Selling expenses
Administrative expenses
Expenses capitalized
Cost of sales
Operating profit
Other recurring income
Adjusted PBDIT
Financial expenses
Depreciation
Other write offs
Adjusted PBT
Tax charges
Adjusted PAT
Non recurring items
Other non cash adjustments
Reported net profit
Earnings before appropriation
Equity dividend
Preference dividend
Dividend tax
Retained earnings

2011

2010

2009

2008

32,369.69

32,747.36

38,250.00

39,467.92

2,816.93
305.79
4,909.00
8,031.72
7,380.82
7.26
7,388.08
16,957.15
562.44
-10,131.51
1,609.33
5,110.21
41.17
-2.17
5,149.21
8,613.59
1,612.58
202.28
6,798.73

1,925.79
236.28
7,440.42
9,602.49
5,552.30
305.36
5,857.66
17,592.57
619.50
-12,354.42
1,600.78
3,890.47
134.52
4,024.98
6,834.63
1,337.95
164.04
5,332.63

1,971.70
669.21
7,475.63
10,116.54
5,407.91
330.64
5,738.55
22,725.93
678.60
-17,665.98
1,830.51
3,740.62
17.51
-0.58
3,757.55
6,193.87
1,221.58
151.21
4,818.07

2,078.90
1,750.60
6,447.32
10,276.82
5,706.85
65.58
5,772.43
23,484.24
578.35
5,194.08
1,611.73
4,092.12
65,61
4,157.73
5,156.00
1,227.70
149.67
3,778.63

THANK

YOU