|
INCOME
STATEMENT - Group
|
Group |
|
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 |
6,393,343 |
5,475,594 |
3,292,814 |
2,859,284 |
|
|
|
|
|
| Interest income |
5,697,815 |
4,956,075 |
2,964,704 |
2,548,840 |
| Interest income on loans & advances |
4,929,590 |
4,323,843 |
2,529,614 |
2,240,876 |
| Interest income on other interest earning assets |
768,225 |
632,232 |
435,090 |
307,964 |
|
|
|
|
|
| Less : Interest expenses |
3,730,438 |
3,330,487 |
1,915,105 |
1,630,924 |
| Interest expense on deposits |
1,304,587 |
1,375,495 |
696,619 |
590,840 |
| Interest expense on other interest bearing liabilities |
2,425,851 |
1,954,992 |
1,218,486 |
1,040,084 |
| Net interest income |
1,967,377 |
1,625,588 |
1,049,599 |
917,916 |
|
|
|
|
|
| Non interest income |
695,528 |
519,519 |
328,110 |
310,444 |
| Foreign exchange income |
21,178 |
54,901 |
(3,396) |
14,404 |
| Other income |
674,350 |
464,618 |
331,506 |
296,040 |
|
|
|
|
|
| Less : Non interest expenses |
956,520 |
778,887 |
510,596 |
409,955 |
| Personnel costs |
404,030 |
346,482 |
211,640 |
181,012 |
| Provision for staff retirement benefits |
65,610 |
44,807 |
41,399 |
22,403 |
| Premises, equipment & establishment expenses |
204,533 |
171,340 |
102,411 |
87,195 |
| Loss on trading / investment securities |
- |
1890 |
- |
986 |
| Other operating expenses |
242,668 |
174,697 |
136,269 |
97,693 |
| Amortisation of intangible assets |
|
|
|
|
| Software |
39,679 |
39,671 |
18,877 |
20,666 |
|
|
|
|
|
| Less : Provision for bad & doubtful debts and loans written off |
363,323 |
140,266 |
199,297 |
54,162 |
| |
|
|
|
|
| Provisions - general |
141,746 |
109,037 |
38,060 |
55,479 |
| Provisions - specific |
404,704 |
230,514 |
258,762 |
125,034 |
| Recoveries |
(184,701) |
(199,807) |
(99,081) |
(126,675) |
| Loans written off |
1,574 |
522 |
1,556 |
324 |
|
|
|
|
|
| Less : Provision for fall in value of dealing & investment securities losses |
19,853 |
- |
19,853 |
- |
| |
|
|
|
|
| Operating profit on ordinary activities before taxes |
1,323,209 |
1,225,954 |
647,963 |
764,243 |
|
|
|
|
|
| Less : Value added tax on financial services |
323,744 |
206,505 |
165,739 |
116,769 |
|
|
|
|
|
| Operating profit on ordinary activities before corporate tax |
999,465 |
1,019,449 |
482,224 |
647,474 |
|
|
|
|
|
| Share of profits of associates* |
536,711 |
513,789 |
283,113 |
286,348 |
| Operating profit before corporate tax |
1,536,176 |
1,533,238 |
765,337 |
933,822 |
|
|
|
|
|
| Less : Income tax on profit on ordinary activities |
562,020 |
406,034 |
332,886 |
222,714 |
|
|
|
|
|
| Profit for the period |
974,156 |
1,127,204 |
432,451 |
711,108 |
| Attributable to |
|
|
|
|
| Equity holders of the Bank |
988,996 |
1,086,358 |
473,836 |
691,239 |
| Minority interest |
(14,840) |
40,846 |
(41,385) |
19,869 |
|
|
|
|
|
|
974,156 |
1,127,204 |
432,451 |
711,108 |
|
|
|
|
|
| Basic earnings per share - Rs |
7.59 |
8.58 |
3.64 |
5.46 |
| Diluted earnings per share - Rs |
7.59 |
8.54 |
3.64 |
5.43 |
|
| * After tax and minority interest |
|
