|
INCOME
STATEMENT - Group
|
Group |
|
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 |
6,870,346 |
6,393,343 |
3,607,026 |
3,292,814 |
|
|
|
|
|
| Interest income |
6,346,752 |
5,697,815 |
3,265,059 |
2,964,704 |
| Interest income on loans & advances |
4,791,774 |
4,929,590 |
2,387,160 |
2,529,614 |
| Interest income on other interest earning assets |
1,554,978 |
768,225 |
877,899 |
435,090 |
|
|
|
|
|
| Less : Interest expenses |
3,765,502 |
3,730,438 |
1,846,827 |
1,915,105 |
| Interest expense on deposits |
1,614,109 |
1,304,587 |
798,738 |
696,619 |
| Interest expense on other interest bearing liabilities |
2,151,393 |
2,425,851 |
1,048,089 |
1,218,486 |
| Net interest income |
2,581,250 |
1,967,377 |
1,418,232 |
1,049,599 |
|
|
|
|
|
| Non interest income |
523,594 |
695,528 |
341,967 |
328,110 |
| Foreign exchange income |
(74,829) |
21,178 |
(31,014) |
(3,396) |
| Other income |
598,423 |
674,350 |
372,981 |
331,506 |
|
|
|
|
|
| Less : Non interest expenses |
988,426 |
956,520 |
496,840 |
510,596 |
| Personnel costs |
443,280 |
404,030 |
233,678 |
211,640 |
| Provision for staff retirement benefits |
68,457 |
65,610 |
42,208 |
41,399 |
| Premises, equipment & establishment expenses |
226,189 |
204,533 |
98,558 |
102,411 |
| Loss on trading / investment securities |
146 |
0 |
72 |
0 |
| Other operating expenses |
221,104 |
242,668 |
107,647 |
136,269 |
| Amortisation of intangible assets |
|
|
|
|
| Software |
29,250 |
39,679 |
14,677 |
18,877 |
|
|
|
|
|
| Less : Provision for bad & doubtful debts and loans |
336,309 |
363,323 |
158,726 |
199,297 |
| written off |
|
|
|
|
| Provisions - general |
99,777 |
141,746 |
109,581 |
38,060 |
| Provisions - specific |
527,236 |
404,704 |
230,702 |
258,762 |
| Recoveries |
(295,145) |
(184,701) |
(183,511) |
(99,081) |
| Loans written off |
4,441 |
1,574 |
1,954 |
1,556 |
|
|
|
|
|
| Less : Provision for fall in value of dealing & investment |
- |
19,853 |
0 |
19,853 |
| securities losses |
|
|
|
|
|
|
|
|
|
| Operating profit on ordinary activities before taxes |
1,780,109 |
1,323,209 |
1,104,633 |
647,963 |
|
|
|
|
|
| Less : Value added tax on financial services |
400,780 |
323,744 |
219,018 |
165,739 |
|
|
|
|
|
| Operating profit on ordinary activities before corporate tax |
1,379,329 |
999,465 |
885,615 |
482,224 |
|
|
|
|
|
| Share of profits of associates* |
517,788 |
536,711 |
303,280 |
283,113 |
|
|
|
|
|
| Operating profit before corporate tax |
1,897,117 |
1,536,176 |
1,188,895 |
765,337 |
|
|
|
|
|
| Less : Income tax on profit on ordinary activities |
535,678 |
562,020 |
334,580 |
332,886 |
|
|
|
|
|
| Profit for the period |
1,361,439 |
974,156 |
854,315 |
432,451 |
| Attributable to |
|
|
|
|
| Equity holders of the Bank |
1,302,769 |
988,996 |
823,017 |
473,836 |
| Minority interest |
58,670 |
(14,840) |
31,298 |
(41,385) |
|
|
|
|
|
|
1,361,439 |
974,156 |
854,315 |
432,451 |
|
|
|
|
|
| Basic earnings per share - Rs |
9.88 |
7.59 |
6.23 |
3.63 |
| Diluted earnings per share - Rs |
9.88 |
7.59 |
6.23 |
3.63 |
|
| * After tax minority interest and preference dividend |
|
