Notes 2008   2007         Taka   Taka 14. Statutory reserve             Balance brought forward             550,837,039           520,837,039 Addition during the year         1,000,000,000             30,000,000 Balance carried forward          1,550,837,039           550,837,039               As per Section 24 of Bank Companies Act, 1991, 20% of pre tax profit has been transferred to Statutory reserve Account.