INCOME
STATEMENT - Bank
|
Bank |
| For the three months ended |
30.06.08
Rs 000 |
30.06.07
Rs 000 |
| Income |
2,467,309 |
2,228,599 |
| |
|
|
| Interest income |
2,103,009 |
2,026,230 |
| Interest income on loans & advances |
1,849,795 |
1,755,368 |
| Interest income on other interest earning assets |
253,214 |
270,862 |
| |
|
|
| Less : Interest expenses |
1,421,689 |
1,468,789 |
| Interest expense on deposits |
257,416 |
612,628 |
| Interest expense on other interest bearing liabilities |
1,164,273 |
856,161 |
| Net interest income |
681,320 |
557,441 |
| |
|
|
| Non interest income |
364,300 |
202,369 |
| Foreign exchange income |
(538) |
7,829 |
| Other income |
364,838 |
194,540 |
| |
|
|
| Less : Non interest expenses |
251,968 |
237,150 |
| Personnel costs |
114,863 |
117,887 |
| Provision for staff retirement benefits |
24,211 |
22,404 |
| Premises, equipment & establishment expenses |
51,477 |
45,073 |
| Loss on trading / investment securities |
0 |
0 |
| Other operating expenses |
49,637 |
40,923 |
| Amortisation of intangible assets |
|
|
| Software |
11,780 |
10,863 |
| |
|
|
Less : Provision for bad & doubtful debts and loans
|
127,491 |
63,761 |
| written off |
|
|
| Provisions - general |
95,505 |
44,000 |
| Provisions - specific |
101,371 |
84,210 |
| Recoveries |
(69,403) |
(64,647) |
| Loans written off |
18 |
198 |
| |
|
|
| Less : Provision for fall in value of dealing & investment |
0 |
0 |
| securities losses |
|
|
| Operating profit on ordinary activities before taxes |
666,161 |
458,899 |
| Less : Value added tax on financial services |
141,361 |
80,325 |
| |
|
|
| Operating profit on ordinary activities before corporate tax |
524,800 |
378,574 |
| Share of profits of associates* |
- |
- |
| Operating profit before corporate tax |
524,800 |
378,574 |
| Less : Income tax on profit on ordinary activities |
178,328 |
146,811 |
| |
|
|
| Profit for the period |
346,472 |
231,763 |
| Attributable to |
|
|
| Equity holders of the Bank |
346,472 |
231,763 |
| Minority interest |
- |
- |
|
|
|
|
346,472 |
231,763 |
| Basic earnings per share - Rs |
2.66 |
1.83 |
| Diluted earnings per share - Rs |
2.65 |
1.81 |
|
| * After tax and minority interest |
|
