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INCOME STATEMENT - Group
| Group | ||||||
| For the 9 months ended | For the 9 months ended | |||||
| For the nine months ended | 31.12.10 Rs 000 |
31.12.10 Rs 000 |
31.12.10 Rs 000 |
31.12.10 Rs 000 |
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| Income | 12,975,033 | 9,893,448 | 3,006,917 | 3,023,102 | ||
| Interest income | 7,363,256 | 9,122,990 | 2,447,648 | 2,776,238 | ||
| Interest income on loans & advances | 5,301,292 | 6,910,756 | 1,937,146 | 2,118,982 | ||
| Interest income on other interest earning assets | 2,061,964 | 2,212,234 | 510,502 | 657,256 | ||
| Less : Interest expenses | 3,401,822 | 5,370,450 | 1,075,408 | 1,604,948 | ||
| Interest expense on deposits | 1,543,310 | 2,387,036 | 480,962 | 772,927 | ||
| Interest expense on other interest bearing liabilities | 1,858,512 | 2,983,414 | 594,446 | 832,021 | ||
| Net interest income | 3,961,434 | 3,752,540 | 1,372,240 | 1,171,290 | ||
| Non interest income | 5,611,777 | 770,458 | 559,269 | 246,864 | ||
| Foreign exchange income | (50,203) | (105,805) | (4,903) | (30,976) | ||
| Other income | 5,661,980 | 876,263 | 564,172 | 277,840 | ||
| Less : Non interest expenses | 1,947,930 | 1,558,949 | 731,667 | 570,523 | ||
| Personnel costs | 853,110 | 688,218 | 336,420 | 244,938 | ||
| Provision for staff retirement benefits | 58,862 | 77,265 | 22,620 | 8,808 | ||
| Premises, equipment & establishment expenses | 429,071 | 395,673 | 147,691 | 169,484 | ||
| Loss on trading / investment securities | 0 | 0 | 0 | 0 | ||
| Other operating expenses | 560,806 | 353,041 | 213,106 | 131,791 | ||
| Amortisation of intangible assets | ||||||
| Negative goodwill | (7,140) | 0 | (7,140) | 0 | ||
| Software | 53,221 | 44,752 | 18,970 | 15,502 | ||
| Less : Provision for bad & doubtful debts and loans written off | 370,343 | 335,888 | (44,631) | (421) | ||
| Provisions - general | 21,475 | 19,087 | 11,742 | (80,690) | ||
| Provisions - specific | 994,585 | 817,923 | 215,376 | 290,687 | ||
| Recoveries | (654,062) | (506,655) | (277,341) | (211,510) | ||
| Loans written off | 8,345 | 5,533 | 5,592 | 1,092 | ||
| Less : Provision for fall in value of dealing & investment securities losses | 0 | 0 | 0 | 0 | ||
| Operating profit on ordinary activities before taxes | 7,254,938 | 2,628,161 | 1,244,473 | 848,052 | ||
| Less : Value added tax on financial services | 1,972,554 | 608,896 | 243,056 | 208,116 | ||
| Operating profit on ordinary activities before corporate tax | 5,282,384 | 2,019,265 | 1,001,417 | 639,936 | ||
| Share of profits of associates* | 210,940 | 760,278 | 9,778 | 242,490 | ||
| Operating profit before corporate tax | 5,493,324 | 2,779,543 | 1,011,195 | 882,426 | ||
| Less : Income tax on profit on ordinary activities | 950,427 | 827,520 | 360,161 | 291,842 | ||
| Profit for the period | 4,542,897 | 1,952,023 | 651,034 | 590,584 | ||
| Attributable to Equity holders of the Bank | 4,479,198 | 1,869,359 | 630,360 | 566,590 | ||
| Minority interest | 63,699 | 82,664 | 20,674 | 23,994 | ||
| 4,542,897 | 1,952,023 | 651,034 | 590,584 | |||
| Basic earnings per share - Rs | 16.91 | 7.07 | 2.38 | 2.14 | ||
| Diluted earnings per share - Rs | 16.90 | 7.07 | 2.38 | 2.14 | ||