ATA KHAN & CO.

           Chartered Accountants
      2007   2006
PROPERTY AND ASSETS   Taka   Taka
03. Cash in hand and with Bangladesh Bank      
and its agent Bank         5,002,561,855      4,198,204,110
03.1 In  hand:          
Local currency         1,698,421,679      1,206,794,020
Foreign currencies              14,642,515           11,842,260
    Total     1,713,064,194      1,218,636,280
03.2 Balance with Bangladesh Bank       
and its agent Bank          
Bangladesh Bank         2,302,311,515      2,469,800,709
In local currency         1,881,279,486      2,082,889,958
In foreign currencies            421,032,029         386,910,751
Sonali Bank as agent of Bangladesh Bank:      
Local currency            987,186,146         509,767,121
    Total     3,289,497,661      2,979,567,830
   
03.3 Particulars of required amount of CRR and SLR     
  Cash Reserve Requirement (CRR)and Statutory Liquidity Ratio(SLR)
  Cash Reserve Requirement (CRR)and Statutory Liquidity Ratio(SLR) have been calculated and maintained in accordance with section 33 of the Bank Companies Act,1991 and BRPD Circular No. 11 and 12, dated  August 25, 2005, BRPD circular No. 15 dated  October,31-2005 and DOS circular letter No.10 dated September-11,2006 issued by Bangladesh Bank.
   
03.3.I CRR (Cash Reserve Requirment)       
Required reserve:              5.00%   2,080,944,150      1,908,480,700
Actual reserve maintained: 4.52%   1,881,279,486      2,082,889,958
Surplus/(deficit *)    (199,664,664)        174,409,258
03.3.2 SLR ( Statutory Liquidity Ratio)       
Required reserve :             18.00%     7,491,398,940      6,870,530,520
Actual reserve maintained :18.90%   7,864,037,748      7,919,564,279
Surplus/(deficit)     372,638,808      1,049,033,759
   
  * Average CRR @ 5% of average demand & time liabilities amounting to Tk.41,618,883,000.00 was maintained during the last fifteen days of 2007. Therefore, effectively there was no shortfall in CRR as per Bangladesh Bank's directives.
  As per Bangladesh Bank's directives, actual CRR  was @ 5% of average demand and time liabilities calculated on a bi-weekly basis. However, there is an option that actual CRR on a given date during the calculation period may be below 5% but minimum 4%.  At the rate of 4%, CRR of the Bank stood at  Tk.1,664,755,000.00 against which actual CRR of Tk. 1,881,279,486.00 was maintained on 31.12.2007.
   
03.3.3 Held for Statutory Liquidity Ratio        
Cash in hand      1,698,421,679     1,206,794,020
Balance with Bangladesh Bank (CRR)     1,881,279,486     2,082,889,958
Balance with Sonali  Bank as agent of Bangladesh Bank      987,186,146        509,767,121
Government securities     2,067,179,347     2,135,490,856
Government bond     1,230,871,090     1,985,522,324
Less: Lien mark on 10 years T, Bond  (part) with B. Bank           (900,000)             (900,000)
  Total   7,864,037,748     7,919,564,279