Bank of baroda

Segment Reporting
In line with RBI guidelines on compliance with Accounting Standard 17 - Segment Reporting issued by the Institute of
Chartered Accountants of India, we have recognized business segments as our primary reporting segment and geographical
segments as our secondary segment. We report Treasury Operations and Other Banking Operations as our two business
segments and report Domestic Operations and International Operations as our two geographical segments.
Business Segments
Our Treasury Operations comprise money market operations, investment in fixed income and money market, forex
transactions and derivative deallings and our Other Banking Operations comprise our banking operations. Set forth below
is a table showing our revenue from our Treasury Operations and Other Banking Operations and total revenue for fiscal
2003, 2004 and 2005 and the six months ended September 30, 2004 and 2005.

---

263
(Rs. in million)
Fiscal 2003
Fiscal 2004
Fiscal 2005
Six Months
Six Months
ended
ended
September 30,
 September 30,
2004
2005
Business Segment Revenue
(1)
:
Treasury Operations
35,049
42,902
40,855
22,047
19,203
Other Banking Operations
38,543
35,759
36,507
16,259
19,653
Total Revenue
73,592
78,661
77,362
38,306
38,856
(1) Segment revenue represents revenue from external customers.
Geographical Segments
Our Bank has two geographical segments: Domestic (India); and International. In addition to India, our Bank has an
international presence in 13 other countries with 39 branches and three representative offices. As of September 30, 2005,
our international network comprised: the U.K.; U.S.A.; Belgium; South Africa; Mauritius; U.A.E.; Sultanate of Oman; Fiji
Islands; Seychelles; China; Thailand; Malaysia; and Bahamas. The table below sets forth our business (advances and
deposits) of our foreign branches and total income of our foreign branches and their respective percentage contribution
to our total business (advances and deposits) and total income for the periods indicated.