INCOME
STATEMENT - Bank
|
Bank |
|
For the Six months ended |
For the quarter
ended |
| For the six months ended |
30.09.08
Rs 000 |
30.09.07
Rs 000 |
30.09.08
Rs 000
|
30.09.07
Rs 000 |
| Income |
5,052,522 |
4,544,182 |
2,585,213 |
2,315,583 |
|
|
|
|
|
| Interest income |
4,321,491 |
4,097,668 |
2,218,482 |
2,071,438 |
| Interest income on loans & advances |
3,764,333 |
3,580,832 |
1,914,538 |
1,825,464 |
| Interest income on other interest earning assets |
557,158 |
516,836 |
303,944 |
245,974 |
|
|
|
|
|
| Less : Interest expenses |
2,888,161 |
2,808,658 |
1,466,472 |
1,339,869 |
| Interest expense on deposits |
557,325 |
989,010 |
299,909 |
376,382 |
| Interest expense on other interest bearing liabilities |
2,330,836 |
1,819,648 |
1,166,563 |
963,487 |
| Net interest income |
1,433,330 |
1,289,010 |
752,010 |
731,569 |
|
|
|
|
|
| Non interest income |
731,031 |
446,514 |
366,731 |
244,145 |
| Foreign exchange income |
(153) |
15,431 |
385 |
7,602 |
| Other income |
731,184 |
431,083 |
366,346 |
236,543 |
|
|
|
|
|
| Less : Non interest expenses |
513,951 |
496,801 |
261,983 |
259,651 |
| Personnel costs |
224,427 |
243,506 |
109,564 |
125,619 |
| Provision for staff retirement benefits |
48,422 |
44,807 |
24,211 |
22,403 |
| Premises, equipment & establishment expenses |
111,386 |
91,162 |
59,909 |
46,089 |
| Loss on trading / investment securities |
0 |
0 |
0 |
0 |
| Other operating expenses |
108,339 |
95,599 |
58,702 |
54,676 |
| Amortisation of intangible assets |
|
|
|
|
| Software |
21,377 |
21,727 |
9,597 |
10,864 |
|
|
|
|
|
| Less : Provision for bad & doubtful debts and loans written off |
235,713 |
124,182 |
108,222 |
60,421 |
| |
|
|
|
|
| Provisions - general |
124,334 |
88,842 |
28,829 |
44,842 |
| Provisions - specific |
249,671 |
174,466 |
148,300 |
90,256 |
| Recoveries |
(139,429) |
(139,648) |
(70,026) |
(75,001) |
| Loans written off |
1,137 |
522 |
1,119 |
324 |
|
|
|
|
|
Less : Provision for fall in value of dealing & investment
securities losses |
4,853 |
0 |
4,853 |
0 |
|
|
|
|
|
| Operating profit on ordinary activities before taxes |
1,409,844 |
1,114,541 |
743,683 |
655,642 |
|
|
|
|
|
| Less : Value added tax on financial services |
290,246 |
189,165 |
148,885 |
108,840 |
|
|
|
|
|
| Operating profit on ordinary activities before corporate tax |
1,119,598 |
925,376 |
594,798 |
546,802 |
|
|
|
|
|
| Share of profits of associates* |
- |
- |
- |
- |
| Operating profit before corporate tax |
1,119,598 |
925,376 |
594,798 |
546,802 |
|
|
|
|
|
| Less : Income tax on profit on ordinary activities |
338,656 |
316,727 |
160,328 |
169,916 |
|
|
|
|
|
| Profit for the period |
780,942 |
608,649 |
434,470 |
376,886 |
| Attributable to |
|
|
|
|
| Equity holders of the Bank |
780,942 |
608,649 |
434,470 |
376,886 |
| Minority interest |
- |
- |
- |
- |
|
|
|
|
|
|
780,942 |
608,649 |
434,470 |
376,886 |
|
|
|
|
|
| Basic earnings per share - Rs |
5.98 |
4.81 |
3.33 |
2.98 |
| Diluted earnings per share - Rs |
5.98 |
4.78 |
3.33 |
2.96 |
| |
|
|
|
|
|
| * After tax and minority interest |
|
