|
INCOME
STATEMENT - Group
| Results for the nine months ended 31 December 2007 |
|
Group |
|
For the quarter ended |
For the nine months ended |
| For the nine months ended |
31.12.07
Rs 000 |
31.12.06
Rs 000 |
31.12.07
Rs 000 |
31.12.06
Rs 000 |
|
|
|
|
|
| Income |
2,858,328 |
2,106,956 |
8,333,922 |
5,603,185 |
|
|
|
|
|
| Interest income |
2,718,128 |
1,840,905 |
7,674,203 |
4,958,480 |
| Interest income on loans & advances |
2,430,609 |
1,692,298 |
6,754,452 |
4,528,922 |
| Interest income on other interest earning assets |
287,519 |
148,607 |
919,751 |
429,558 |
|
|
|
|
|
| Less : Interest expenses |
1,786,795 |
1,062,043 |
5,117,282 |
2,839,716 |
| Interest expense on deposits |
674,044 |
252,779 |
2,049,539 |
709,303 |
| Interest expense on other interest bearing liabilities |
1,112,751 |
809,264 |
3,067,743 |
2,130,413 |
| Net interest income |
931,333 |
778,862 |
2,556,921 |
2,118,764 |
|
|
|
|
|
| Non interest income |
140,200 |
266,051 |
659,719 |
644,705 |
| Foreign exchange income |
8,352 |
22,437 |
63,253 |
50,000 |
| Other income |
131,848 |
243,614 |
596,466 |
594,705 |
|
|
|
|
|
| Less : Non interest expenses |
409,831 |
336,225 |
1,188,718 |
964,991 |
| Personnel costs |
155,643 |
144,191 |
502,125 |
414,639 |
| Provision for staff retirement benefits |
22,403 |
22,403 |
67,210 |
67,210 |
| Premises, equipment & establishment expenses |
104,813 |
95,323 |
276,153 |
259,375 |
| Loss on trading / investment securities |
(0) |
0 |
1,890 |
0 |
| Other operating expenses |
105,817 |
64,469 |
280,514 |
194,354 |
| Amortisation of intangible assets |
|
|
|
|
| Software |
21,155 |
9,839 |
60,826 |
29,413 |
|
|
|
|
|
| Less : Provision for bad & doubtful debts and loans written off |
(21,832) |
24,212 |
118,434 |
23,343 |
| Provisions - general |
54,836 |
36,031 |
163,873 |
41,612 |
| Provisions - specific |
128,143 |
83,155 |
358,657 |
224,940 |
| Recoveries |
(218,900) |
(94,994) |
(418,707) |
(244,004) |
| Loans written off |
14,089 |
20 |
14,611 |
795 |
|
|
|
|
|
| Less : Provision for fall in value of dealing & investment securities losses |
0 |
(15) |
0 |
(15) |
|
|
|
|
|
| Operating profit on ordinary activities before taxes |
683,534 |
684,491 |
1,909,488 |
1,775,150 |
|
|
|
|
|
| Less : Value added tax on financial services |
146,689 |
114,652 |
353,194 |
314,372 |
|
|
|
|
|
| Operating profit on ordinary activities before corporate tax |
536,845 |
569,839 |
1,556,294 |
1,460,778 |
|
|
|
|
|
| Share of associate companies profit before tax |
506,826 |
364,849 |
1,416,068 |
1,046,275 |
|
|
|
|
|
| Operating profit before corporate tax |
1,043,671 |
934,688 |
2,972,362 |
2,507,053 |
|
|
|
|
|
| Less : Income tax on profit on ordinary activities |
497,140 |
382,783 |
1,253,898 |
1,088,087 |
|
|
|
|
|
| Profit for the period |
546,531 |
551,905 |
1,718,464 |
1,418,966 |
| Attributable to |
|
|
|
|
| Equity holders of the Bank |
527,705 |
531,781 |
1,658,792 |
1,372,552 |
| Minority interest |
18,826 |
20,124 |
59,672 |
46,414 |
|
|
|
|
|
|
546,531 |
551,905 |
1,718,464 |
1,418,966 |
|
|
|
|
|
| Basic earnings per share - Rs |
4.22 |
4.82 |
13.27 |
12.45 |
| Diluted earnings per share - Rs |
4.22 |
4.79 |
13.25 |
12.37 |
|
|
