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INCOME STATEMENT - Group
| Group | ||||
| For the six months ended |
For the quarter ended |
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| 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 |