INCOME
STATEMENT - Bank
|
Bank |
|
For the year ended (Audited) |
For the quarter ended |
| For the year ended |
31.03.10
Rs 000 |
31.03.09
Rs 000 |
31.03.10
Rs 000 |
31.03.09
Rs 000 |
|
|
|
|
|
| Income |
8,695,864 |
9,769,954 |
2,028,769 |
2,284,869 |
|
|
|
|
|
| Interest income |
7,416,335 |
8,528,857 |
1,597,615 |
2,066,682 |
| Interest income on loans & advances |
6,134,891 |
7,482,096 |
1,237,426 |
1,838,932 |
| Interest income on other interest earning assets |
1,281,444 |
1,046,761 |
360,189 |
227,750 |
|
|
|
|
|
| Less : Interest expenses |
4,224,044 |
5,623,964 |
861,765 |
1,290,915 |
| Interest expense on deposits |
791,519 |
1,084,156 |
171,436 |
246,500 |
| Interest expense on other interest bearing liabilities |
3,432,525 |
4,539,808 |
690,329 |
1,044,415 |
| Net interest income |
3,192,291 |
2,904,893 |
735,850 |
775,767 |
|
|
|
|
|
| Non interest income |
1,279,529 |
1,241,097 |
431,154 |
218,187 |
| Foreign exchange income |
(49,627) |
60,306 |
(24,959) |
32,409 |
| Other income |
1,329,156 |
1,180,791 |
456,113 |
85,778 |
|
|
|
|
|
| Less : Non interest expenses |
1,202,333 |
1,190,773 |
426,821 |
409,509 |
| Personnel costs |
642,374 |
604,969 |
282,908 |
252,748 |
| Provision for staff retirement benefits |
72,483 |
103,020 |
(4,782) |
30,386 |
| Premises, equipment & establishment expenses |
232,525 |
211,118 |
61,353 |
58,189 |
| Loss on trading / investment securities |
0 |
0 |
0 |
0 |
| Other operating expenses |
240,718 |
241,149 |
82,884 |
62,738 |
| Amortisation of intangible assets |
|
|
|
|
| Software |
14,233 |
30,517 |
4,458 |
5,448 |
|
|
|
|
|
| Less : Provision for bad & doubtful debts and loans |
208,137 |
381,003 |
76,713 |
129,889 |
| written off |
|
|
|
|
| Provisions - general |
22,996 |
172,502 |
7,920 |
28,011 |
| Provisions - specific |
670,509 |
582,707 |
181,018 |
216,876 |
| Recoveries |
(489,399) |
(376,903) |
(112,364) |
(115,526) |
| Loans written off |
4,031 |
2,697 |
139 |
528 |
|
|
|
|
|
| Less : Provision for fall in value of dealing & investment |
0 |
11,303 |
0 |
6,450 |
| securities losses |
|
|
|
|
|
|
|
|
|
| Operating profit on ordinary activities before taxes |
3,061,350 |
2,562,911 |
663,470 |
448,106 |
|
|
|
|
|
| Less : Value added tax on financial services |
658,673 |
556,988 |
167,036 |
127,334 |
|
|
|
|
|
| Operating profit on ordinary activities before corporate tax |
2,402,677 |
2,005,923 |
496,434 |
320,772 |
|
|
|
|
|
| Share of profits of associates* |
- |
- |
- |
- |
|
|
|
|
|
| Operating profit before corporate tax |
2,402,677 |
2,005,923 |
496,434 |
320,772 |
|
|
|
|
|
| Less : Income tax on profit on ordinary activities |
689,441 |
646,050 |
110,657 |
127,798 |
|
|
|
|
|
| Profit for the period |
1,713,236 |
1,359,873 |
385,777 |
192,974 |
| Attributable to |
|
|
|
|
| Equity holders of the Bank |
|
|
|
|
| Minority interest |
|
|
|
|
|
|
|
|
|
|
1,713,236 |
1,359,873 |
385,777 |
192,974 |
|
|
|
|
|
| Basic earnings per share - Rs |
12.97 |
10.41 |
2.92 |
1.48 |
| Diluted earnings per share - Rs |
12.97 |
No dilution |
2.92 |
- |
| Dividend per share (prposed) - Rs |
6.00 |
5.00 |
- |
- |
|
| * After tax minority interest and preference dividend |
|
