IBN FY 2014 Earnings Report — ICICI Bank Limited Revenue & Financial Results | Market Cap Arena

ICICI Bank LimitedIBN

FY 2014 Earnings

Reported July 25, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2014	Prior Q	FY 2013	QoQ Change	YoY Change
Revenue	$8.4B	—	$7.9B	—	7.1%
Op. Income	$1.2B	—	$1.1B	—	15.3%
Gross Margin	53.1%	—	54.3%	—	-1.2pp
Net Margin	13.9%	—	12.9%	—	1.0pp
EPS (Diluted)	$0.37	—	$0.32	—	14.9%
Free Cash Flow	$1.4B	—	$1.9B	—	-25.5%

Revenue Flow

Item	Amount
REVENUE	$8.4B
Cost of Revenue	$3.9B
GROSS PROFIT	$4.5B
R&D Expenses	$0
Selling & Marketing	$134M
General & Administrative	$1.3B
SG&A Expenses	$1.4B
Other Expenses	$1.9B
Operating Expenses	$3.2B
Cost & Expenses	$7.2B
OPERATING INCOME	$1.2B
Interest Income	$5.2B
Interest Expense	$3.2B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$0
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$89M
EBIT	$1.2B
EBITDA	$1.3B
EPS	$0
EPS Diluted	$0

Income Statement

Item	Amount
REVENUE	$8.4B
Cost of Revenue	$3.9B
GROSS PROFIT	$4.5B
R&D Expenses	$0
Selling & Marketing	$134M
General & Administrative	$1.3B
SG&A Expenses	$1.4B
Other Expenses	$1.9B
Operating Expenses	$3.2B
Cost & Expenses	$7.2B
OPERATING INCOME	$1.2B
Interest Income	$5.2B
Interest Expense	$3.2B
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$0
Net Income from Continuing Ops	$1.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.2B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.2B
D&A	$89M
EBIT	$1.2B
EBITDA	$1.3B
EPS	$0
EPS Diluted	$0

Cash Flow Statement

Item	Amount
Net Income	$1.2B
Depreciation & Amortization	$0
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$355M
Change in Working Capital	-$211.5K
OPERATING CASH FLOW	$1.5B
Capital Expenditure	-$88M
Acquisitions (Net)	$22M
Purchases of Investments	-$1.7B
Sales/Maturities of Investments	$0
Other Investing Activities	-$6.0B
NET CASH FROM INVESTING	-$7.8B
Net Debt Issuance	$1.1B
Common Stock Repurchased	$0
Common Dividends Paid	-$285M
Other Financing Activities	$4.7B
NET CASH FROM FINANCING	$5.6B
FREE CASH FLOW	$1.4B
Net Change in Cash	$0

Balance Sheet

Item	Amount
Cash & Equivalents	$5.3B
Short-Term Investments	$0
Net Receivables	$1.6B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$6.9B
PP&E (Net)	$584M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$68.5B
Tax Assets	$581M
Other Non-Current Assets	$2.8B
TOTAL NON-CURRENT ASSETS	$72.4B
TOTAL ASSETS	$79.3B
Account Payables	$443M
Short-Term Debt	$110M
Deferred Revenue	$0
Other Current Liabilities	$38.2B
TOTAL CURRENT LIABILITIES	$38.7B
Long-Term Debt	$18.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$14.1B
TOTAL NON-CURRENT LIABILITIES	$32.3B
TOTAL LIABILITIES	$71.0B
Common Stock	$123M
Additional Paid-In Capital	$0
Retained Earnings	$0
Treasury Stock	$0
Accum. Other Comp. Income	$8.0B
Other Equity	$697.3K
TOTAL STOCKHOLDERS' EQUITY	$8.1B
Minority Interest	$213M
TOTAL EQUITY	$8.3B
TOTAL LIABILITIES & EQUITY	$79.3B
Total Debt	$18.2B
Net Debt	$13.0B