INCOME
STATEMENT - Bank
|
Bank |
|
For the six
months ended |
For the quarter
ended |
| For the six months ended |
30.09.09
Rs 000 |
30.09.08
Rs 000 |
30.09.09
Rs 000 |
30.09.08
Rs 000 |
|
|
|
|
|
| Income |
4,687,981 |
5,052,522 |
2,340,884 |
2,585,213 |
|
|
|
|
|
| Interest income |
4,095,739 |
4,321,491 |
2,108,616 |
2,218,482 |
| Interest income on loans & advances |
3,401,712 |
3,764,333 |
1,701,524 |
1,914,538 |
| Interest income on other interest earning assets |
694,027 |
557,158 |
407,092 |
303,944 |
|
|
|
|
|
| Less : Interest expenses |
2,353,368 |
2,888,161 |
1,136,316 |
1,466,472 |
| Interest expense on deposits |
404,174 |
557,325 |
190,963 |
299,909 |
| Interest expense on other interest bearing liabilities |
1,949,194 |
2,330,836 |
945,353 |
1,166,563 |
| Net interest income |
1,742,371 |
1,433,330 |
972,300 |
752,010 |
|
|
|
|
|
| Non interest income |
592,242 |
731,031 |
232,268 |
366,731 |
| Foreign exchange income |
(2,499) |
(153) |
380 |
385 |
| Other income |
594,741 |
731,184 |
231,888 |
366,346 |
|
|
|
|
|
| Less : Non interest expenses |
508,067 |
513,951 |
257,946 |
261,983 |
| Personnel costs |
236,013 |
224,427 |
120,997 |
109,564 |
| Provision for staff retirement benefits |
51,510 |
48,422 |
27,299 |
24,211 |
| Premises, equipment & establishment expenses |
115,155 |
111,386 |
55,302 |
59,909 |
| Loss on trading / investment securities |
0 |
0 |
0 |
0 |
| Other operating expenses |
98,853 |
108,339 |
51,107 |
58,702 |
| Amortisation of intangible assets |
|
|
|
|
| Software |
6,536 |
21,377 |
3,241 |
9,597 |
|
|
|
|
|
| Less : Provision for bad & doubtful debts and loans |
192,502 |
235,713 |
96,933 |
108,222 |
| written off |
|
|
|
|
| Provisions - general |
92,399 |
124,334 |
114,547 |
28,829 |
| Provisions - specific |
310,228 |
249,671 |
122,432 |
148,300 |
| Recoveries |
(213,815) |
(139,429) |
(141,699) |
(70,026) |
| Loans written off |
3,690 |
1,137 |
1,653 |
1,119 |
|
|
|
|
|
| Less : Provision for fall in value of dealing & investment |
0 |
4,853 |
0 |
4,853 |
| securities losses |
|
|
|
|
|
|
|
|
|
| Operating profit on ordinary activities before taxes |
1,634,044 |
1,409,844 |
849,689 |
743,683 |
|
|
|
|
|
| Less : Value added tax on financial services |
335,013 |
290,246 |
171,269 |
148,885 |
|
|
|
|
|
| Operating profit on ordinary activities before corporate tax |
1,299,031 |
1,119,598 |
678,420 |
594,798 |
|
|
|
|
|
| Share of profits of associates* |
- |
- |
- |
- |
|
|
|
|
|
| Operating profit before corporate tax |
1,299,031 |
1,119,598 |
678,420 |
594,798 |
|
|
|
|
|
| Less : Income tax on profit on ordinary activities |
403,673 |
338,656 |
251,316 |
160,328 |
|
|
|
|
|
| Profit for the period |
895,358 |
780,942 |
427,104 |
434,470 |
| Attributable to |
|
|
|
|
| Equity holders of the Bank |
895,358 |
780,942 |
427,104 |
434,470 |
| Minority interest |
- |
- |
- |
- |
|
|
|
|
|
|
895,358 |
780,942 |
427,104 |
434,470 |
|
|
|
|
|
| Basic earnings per share - Rs |
6.79 |
5.99 |
3.24 |
3.33 |
| Diluted earnings per share - Rs |
6.79 |
5.99 |
3.24 |
3.33 |
|
| * After tax minority interest and preference dividend |
|
