Final ICICI Bank Slides (3)

8/4/2019 Final ICICI Bank Slides (3)

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Annual Report 2009-2010


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ICICI Bank is India's second-largest bank with total assets of Rs. 3,634.00

billion at March 31, 2010 .

The Bank has a network of 2,016 branches and about 5,219 ATMs in India

and presence in 18 countries.

It 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 .

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, Dubai, China , South Africa.

ICICI Bank's equity shares are listed in India on Bombay Stock Exchange

and the National Stock Exchange of India LimitedIts American Depositary Receipts (ADRs) are listed on the New York Stock

INTRODUCTION


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S. NO PARTICULARS

1 Message from the Chairman

2 Letter from the ManagingDirector & CEO

3 Board of Directors & SeniorManagement

4 Board Committees

5 Directors Report

6 Auditors Certificate onCorporate Governance

7 Managements Discussion andAnalysis

TABLE OF CONTENTS

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S.NO PARTICULARS

8 Key Financial Indicators

9 Auditors Report

10 Balance Sheet

11 Profit and Loss AccountCash Flow StatementSchedules

12 Consolidated P/L AccountConsolidated Balance Sheet

TABLE OF CONTENTS

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MESSAGE

CHAIRMAN

Regulatory changes such as increase in capital requirement,

improvement in quality of capital, macro prudential supervision

etc has helped in navigation of global financial crisis and in

sustaining double digit growth.

MANAGING DIRECTOR

Anticipated economic and market trends and developed

appropriate strategies has benefited the business as well as

the stakeholders.

It has served customer better and capitalised on diverse

opportunities of Indian market and global linkages.

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Directors Report

Its principal objective is to supplement the financial information

with other information consider necessary for a full appreciation

of the companies activities. It includes:

A description of the principal activities of the company.

A fair review of the current and future prospects of the

business.

Information on the sale, purchase or valuation of assets.

Recommended dividends.

Employee statistics.

Names of directors and their interests.

Details of political or charitable donations.

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Managements Discussion &Analysis

The single most part of a company's annual

report which discusses numerous aspects of the company,

including both past and present.

Also called MD&A

Its goal is to discuss the important changes in the firms

financial result.

The MD&A provides an overview of the previous year of

operations and how the company fared in that time period.

MD&A also touch on the upcoming year, outlining future goals

and approaches to new projects.

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Audit CommitteeSridar Iyengar, Chairman

M. K. Sharma, Alternate ChairmanHomi R. KhusrokhanV. Sridar

Board Governance,

Remuneration &Nomination CommitteeM. K. Sharma, ChairmanK. V. KamathV. Prem Watsa

Corporate Social ResponsibilityCommitteeM. K. Sharma, ChairmanAnup K. Pujari

Chanda D. Kochhar

BoardCommittee

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Credit CommitteeK. V. Kamath, Chairman

Narendra MurkumbiChanda D. Kochhar

Customer ServiceCommitteeK. V. Kamath, ChairmanNarendra MurkumbiAnup K. Pujari

Fraud MonitoringCommitteeM. K. Sharma, ChairmanK. V. KamathChanda D. Kochhar

Share Transfer & Shareholders/Investors' Grievance CommitteeM. K. Sharma, Chairman

Homi R. KhusrokhanN. S. Kannan

Committee of ExecutiveDirectorsChanda D. Kochhar, ChairpersonSandeep BakhshiN. S. KannanK. Ramkumar

Risk CommitteeK. V. Kamath, ChairmanSridar IyengarAnup K. Pujari

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AUDITORS CERTIFICATE

Its a statement signed by an independent public accountant.

It describes the scope of the examination of an organizations

books and records.

Auditor evaluate whether the financial statement of thecompany are in accordance with the accepted accounting

principles or not

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AUDITORS REPORT

Auditors report is made : To examine if the accounts are drawn up in accordance with

the requirements of the Companies Act.

The accounts give a true and fair view of the firms financial

position.

To obtain reasonable assurance about whether the financial

statements are free of material misstatements

To access the accounting principles used and significant

estimates made by the management

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Cont.

ICICI AUDITORS Reported that:

We have obtained all the information and explanations which,

to the best of our knowledge and belief, were necessary for the

purpose of our audit.

The transactions of the Bank, which have come to our notice,have been within the powers of the Bank.

Further reported that:

The Balance Sheet, the Profit and Loss Account and the Cash

Flow Statement dealt with by this report are in agreement with

the books of account and the returns

None of the directors is disqualified as on 31 March 2010 from

being appointed as a director in terms of clause (g) of sub-

section (1) of Section 274 of the Companies Act, 195612


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Financial of ICICI

Parent company

Subsidiary companies work under the parent company, where

following are made:

Consolidated profit and loss a/c

Consolidated Balance sheet Consolidated Cash flow

Consolidated Financial ratios

Profit andloss a/c

Balancesheet

Cash flow Financialratios


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Final ICICI Bank Slides (3)

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