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About Us / Financial Overview
INCOME STATEMENT - Bank
| Bank | Group | |||
| For the quarter ended | For the quarter ended | |||
| For the three months ended | 30.06.07 | 30.06.06 | 30.06.07 | 30.06.06 |
| Rs 000 | Rs 000 | Rs 000 | Rs 000 | |
| Income | 2,228,599 | 1,447,275 | 2,738,264 | 1,759,708 |
| Interest income | 2,026,230 | 1,283,788 | 2,407,235 | 1,493,388 |
| Interest income on loans & advances | 1,755,368 | 1,178,894 | 2,082,967 | 1,350,673 |
| Interest income on other interest earning assets | 270,862 | 104,894 | 324,268 | 142,715 |
| Less : Interest expenses | 1,468,789 | 727,666 | 1,699,563 | 831,649 |
| Interest expense on deposits | 612,628 | 121,067 | 784,655 | 213,583 |
| Interest expense on other interest bearing liabilities | 856,161 | 606,599 | 914,908 | 618,066 |
| Net interest income | 557,441 | 556,122 | 707,672 | 661,739 |
| Non interest income | 202,369 | 163,487 | 331,029 | 266,320 |
| Foreign exchange income | 7,829 | 1,985 | 40,497 | 16,419 |
| Other income | 194,540 | 161,502 | 290,532 | 249,901 |
| Less : Non interest expenses | 237,150 | 212,560 | 368,932 | 298,756 |
| Personnel costs | 117,887 | 91,599 | 165,470 | 127,033 |
| Provision for staff retirement benefits | 22,404 | 22,404 | 22,404 | 22,404 |
| Premises, equipment & establishment expenses | 45,073 | 44,979 | 84,145 | 69,643 |
| Loss on trading / investment securities | 0 | 0 | 904 | 0 |
| Other operating expenses | 40,923 | 43,791 | 77,004 | 61,940 |
| Amortisation of intangible assets | ||||
| Goodwill - associate- subsidiary Negative goodwill | - | - | - | - |
| Software | 10,863 | 9,787 | 19,005 | 17,736 |
| Less : Provision for bad & doubtful debts and loans | 63,761 | (5,470) | 86,104 | (11,200) |
| written off | ||||
| Provisions - general | 44,000 | 2,069 | 53,558 | 2,069 |
| Provisions - specific | 84,210 | 48,027 | 105,480 | 51,087 |
| Recoveries | (64,647) | (56,216) | (73,132) | (65,006) |
| Loans written off | 198 | 650 | 198 | 650 |
| Less : Provision for fall in value of dealing & investment | 0 | 0 | - | 0 |
| securities losses | ||||
| Operating profit on ordinary activities before taxes | 458,899 | 512,519 | 583,665 | 640,503 |
| Less : Value added tax on financial services | 80,325 | 84,314 | 89,736 | 101,518 |
| Operating profit on ordinary activities before corporate tax | 378,574 | 428,205 | 493,929 | 538,985 |
| Share of associate companies profit before tax | - | - | 296,987 | 219,001 |
| Operating profit before corporate tax | 378,574 | 428,205 | 790,916 | 757,986 |
| Less : Income tax on profit on ordinary activities | 146,811 | 160,382 | 345,354 | 356,403 |
| Profit for the period | 231,763 | 267,823 | 445,562 | 401,583 |
| Attributable to | ||||
| Equity holders of the Bank | 231,763 | 267,823 | 424,585 | 390,632 |
| Minority interest | - | - | 20,977 | 10,951 |
| 231,763 | 267,823 | 445,562 | 401,583 | |
| Basic earnings per share - Rs | 1.83 | 2.43 | 3.35 | 3.54 |
| Diluted earnings per share - Rs | 1.81 | 2.41 | 3.32 | 3.51 |