PROFIT AND LOSS ACCOUNT FOR THE
YEAR
ENDED 31ST MARCH, 2007
| |
Rs. in
Thousand |
Rs. in
Thousand |
| |
Schedule No |
Year ended
31.03.2007 |
Year ended
31.03.2006 |
| I. INCOME |
|
|
|
| Interest
earned |
13 |
2852,74,12 |
2360,03,31 |
| Other income |
14 |
320,03,12 |
436,95,75 |
| |
TOTAL |
3172,77,24
|
2796,99,06 |
| II.
EXPENDITURE |
|
|
|
| Interest
expended |
15 |
1675,20,17 |
1339,51,32 |
| Operation
expenses |
16 |
778,47,03 |
813,62,42 |
| Provisions and
contingencies |
|
451,82,40 |
439,28,71 |
| |
TOTAL |
2905,49,60 |
2592,42,45 |
| III. PROFIT |
|
|
|
| Net Profit for
the year |
|
267,27,64 |
204,56,61 |
| Loss brought
forward |
|
--- |
278,43,69 |
| (Less) : Set
off with Capital |
|
-- |
(278,43,69) |
| TOTAL
|
|
267,27,64 |
204,56,61 |
| IV.
APPROPRIATION |
|
|
|
| Transfer to
Statutory Reserve |
|
66,81,91 |
51,14,15 |
| Transfer to
Capital Reserve |
|
5,06,63 |
17,62,26 |
| Dividend
Payable to Govt. of India |
|
45,97,29 |
45,97,29 |
| Tax on
Dividend |
|
7,81,31 |
6,44,77 |
| Transfer to
Revenue Reserve |
|
141,60,50 |
83,38,14 |
| TOTAL |
|
267,27,64 |
204,56,61 |
SCHEDULES TO PROFIT & LOSS ACCOUNT
| |
Rs. in
Thousand |
Rs. in
Thousand |
Year ended
31.03.2007 |
Year ended
31.03.2006 |
|
SCHEDULES-13 : INTEREST EARNED |
|
|
| i. Interest /
discount on advances / bills |
1654,09,66 |
1153,46,32 |
| ii. Income on
investments |
1137,59,45 |
1165,05,13 |
iii. Interest
on balances with Reserve Bank
of India and other inter-bank funds |
41,10,75 |
25,24,76 |
| iv. Others |
19,94,26 |
16,27,10 |
| TOTAL
|
2852,74,12 |
2360,03,31 |
| SCHEDULE -
14 : OTHER INCOME |
|
|
| i. Commission,
Exchange and Brokerage |
115,71,53 |
99,18,41 |
| ii. Profit on
sale of investments |
41,80,53 |
191,81,11 |
| Less : Loss on
sale of investments |
-- |
(1,16) |
| iii. Profit on
revaluation of investments |
--- |
--- |
| Less : Loss on
revaluation of investments |
(41,24,24) |
(20,00,25) |
| iv. Profit on
sale of land, buildings and others assets |
1,04,52 |
4,08 |
| Less : Loss on
sale of land, buildings and other assets |
(1,66) |
(4,61) |
| v. Profit on
exchange transactions |
12,94,58 |
6,19,96 |
| Less : Loss on
exchange transactions. |
(3) |
(1) |
| vi. Income
earned by way of dividend etc. from subsidiaries, companies and
/ or joint ventures abroad / in India |
13,59,54 |
10,42,84 |
| vii.
Miscellaneous Income |
176,18,35 |
149,35,38 |
| TOTAL |
320,03,12 |
436,95,75 |
| SCHEDULE -
15 : INTEREST EXPENDED |
|
|
| i. Interest on
deposits |
1603,49,07 |
1289,45,64 |
| ii. Interest
on Reserve Bank of India / inter-bank borrowings |
7,43,35 |
6,52,07 |
| iii. Others |
64,27,75 |
43,53,61 |
| TOTAL
|
1675,20,17 |
1339,51,32 |
| SCHEDULE -
16 : OPERATING EXPENSES |
|
|
| i. Payments to
and provisions for employees |
557,51,74 |
628,35,51 |
| ii. Rent,
Taxes and Lighting |
38,39,62 |
34,57,17 |
| iii. Printing
and Stationery |
15,51,41 |
14,02,51 |
| iv.
Advertisement and Publicity |
8,10,96 |
5,02,33 |
| v.
Depreciation on Bank's property |
32,84,37 |
24,43,68 |
| Less :
Transfer from Revaluation Reserve |
(4,90,12) |
(2,10,02) |
| |
27,94,25
|
22,33,66 |
| vi. Directors'
fees, allowances and expenses |
51,57 |
50,08 |
| vii. Auditors'
fees and expenses (including branch Auditors' fees & expenses) |
7,01,13 |
4,01,65 |
| viii. Law
charges |
1,51,03 |
1,27,08 |
| ix. Postage,
Telegrams, Telephones etc. |
10,52,14 |
7,08,28 |
| x. Repairs and
Maintenance |
6,01,63 |
6,74,33 |
| xi. Insurance |
29,23,65 |
25,85,27 |
| xii. Other
Expenditure |
76,17,90 |
63,84,55 |
| TOTAL
|
778,47,03 |
813,62,42 |
|
