ICICI Bank 2015 Annual Report Download - page 188

Schedules
forming part of the Consolidated Balance Sheet (Contd.)
186 Annual Report 2014-2015
Consolidated Financial Statements
Consolidated Cash Flow Statement
for the year ended March 31, 2015
` in ‘000s
Year ended
31.03.2015
Year ended
31.03.2014
Cash flow from operating activities
Profit before taxes 176,435,930 156,508,688
Adjustments for:
Depreciation and amortisation 9,102,686 8,418,401
Net (appreciation)/depreciation on investments 324,940 (704,719)
Provision in respect of non-performing and other assets 36,181,416 24,818,320
Prudential provision for standard assets 4,053,835 1,591,953
Provision for contingencies & others 999,282 963,597
(Profit)/loss on sale of fixed assets (33,994) (1,352,001)
Employees stock options grants 94,432 120,371
(i) 227,158,527 190,364,610
Adjustments for:
(Increase)/decrease in investments (144,940,347) 49,187,517
(Increase)/decrease in advances (567,661,237) (573,005,899)
Increase/(decrease) in deposits 264,425,642 447,421,466
(Increase)/decrease in other assets 57,627,927 (58,988,442)
Increase/(decrease) in other liabilities and provisions 94,006,046 58,968,410
(ii) (296,541,969) (76,416,948)
Refund/(payment) of direct taxes (iii) (53,347,975) (46,299,744)
Net cash flow from/(used in) operating activities (i)+(ii)+(iii) (A) (122,731,417) 67,647,918
Cash flow from investing activities
Purchase of fixed assets (12,446,322) (8,373,656)
Proceeds from sale of fixed assets 367,499 2,051,182
(Purchase)/sale of held to maturity securities (117,238,214) (160,353,177)
Net cash used in investing activities (B) (129,317,037) (166,675,651)
Cash flow from financing activities
Proceeds from issue of share capital (including ESOPs) 3,477,284 761,818
Proceeds from long term borrowings 439,781,096 333,892,436
Repayment of long term borrowings (271,340,761) (211,027,903)
Net proceeds/(repayment) of short term borrowings 107,195,242 (17,862,991)
Dividend and dividend tax paid (30,840,867) (27,040,480)
Net cash generated from/(used in) financing activities (C) 248,271,994 78,722,880
Effect of exchange fluctuation on translation reserve (D) (2,434,107) 9,178,547
Net increase/(decrease) in cash and cash equivalents (A) + (B) + (C) + (D) (6,210,567) (11,126,306)
Cash and cash equivalents at beginning of the year 482,582,264 493,708,570
Cash and cash equivalents at end of the year 476,371,697 482,582,264
Significant accounting policies and notes to accounts (refer schedule 17 & 18).
Refer Item no. 12 in schedule 17 significant accounting policies.
As per our Report of even date. For and on behalf of the Board of Directors
For B S R & Co. LLP K. V. Kamath Homi Khusrokhan Chanda Kochhar
Chartered Accountants Chairman Director Managing Director & CEO
ICAI Firm Registration no.: 101248W/W-100022
Venkataramanan Vishwanath N. S. Kannan K. Ramkumar Rajiv Sabharwal
Partner Executive Director Executive Director Executive Director
Membership no.: 113156
P. Sanker Rakesh Jha Ajay Mittal
Place : Mumbai
Date : April 27, 2015
Senior General Manager
(Legal) & Company Secretary
Chief Financial Officer Chief Accountant
186 Annual Report 2014-2015
Consolidated Financial Statements