|
UTTARA BANK LIMITED |
|
CONSOLIDATED PROFIT AND LOSS ACCOUNT
(UN-AUDITED) |
|
FOR THE PERIOD FROM JANUARY 01,2011 TO
JUNE 30,2011 |
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|
|
|
|
|
|
|
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OPERATING INCOME : |
January to |
January to |
April-June |
April-June |
|
|
|
June 30,2011 |
June 30,2010 |
30'2011 |
30'2010 |
|
|
|
Taka |
Taka |
Taka |
Taka |
|
|
Interest Income |
3,121,674,120 |
2,262,236,967 |
1,633,735,040 |
1,184,953,649 |
|
|
Interest paid on deposits, borrowings etc. |
1,802,586,711 |
1,434,244,481 |
994,154,691 |
722,453,960 |
|
|
Net Interest Income |
1,319,087,409 |
827,992,486 |
639,580,349 |
462,499,689 |
|
|
Income from Investment. |
1,036,425,038 |
923,072,171 |
598,969,158 |
521,208,429 |
|
|
Commission,Exchange and Brokerage |
515,561,089 |
452,249,056 |
243,548,699 |
289,568,652 |
|
|
Other Operating Income |
378,491,169 |
578,046,179 |
310,921,618 |
183,135,970 |
|
|
Total operating income |
3,249,564,705 |
2,781,359,892 |
1,793,019,824 |
1,456,412,740 |
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OPERATING EXPENSES |
|
|
|
|
|
|
Salary and allowances. |
951,607,208 |
730,642,856 |
585,785,598 |
356,160,816 |
|
|
Rent, taxes,insurance,electricity etc. |
105,105,921 |
98,494,557 |
55,135,459 |
56,220,017 |
|
|
Legal expenses |
5,690,437 |
3,657,334 |
2,251,363 |
2,385,658 |
|
|
Postage,stamp,telecommunication etc. |
20,292,159 |
19,065,818 |
12,481,512 |
7,940,616 |
|
|
Stationery,printing,advertisements etc. |
46,569,101 |
36,698,590 |
23,186,175 |
18,485,251 |
|
|
Managing Director's salary & allowances and fees |
5,503,000 |
4,810,000 |
3,251,500 |
2,905,000 |
|
|
Directors' fees |
1,445,873 |
1,262,006 |
1,340,873 |
925,006 |
|
|
Auditors' fees |
- |
- |
- |
- |
|
|
Charges on loan losses a/c. |
86,643,022 |
- |
86,643,022 |
- |
|
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Repair, maintenance and depreciation |
|
|
|
|
|
|
of Bank's property |
66,363,813 |
67,294,540 |
40,219,715 |
33,819,490 |
|
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Other expenses |
207,168,063 |
178,008,204 |
88,068,269 |
138,960,644 |
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|
Total operating expenses |
1,496,388,597 |
1,139,933,905 |
898,363,486 |
617,802,498 |
|
|
Profit before provision |
1,753,176,108 |
1,641,425,987 |
894,656,338 |
838,610,242 |
|
|
Provision |
150,000,000 |
150,000,000 |
- |
- |
|
|
Provision for loans & advances |
150,000,000 |
150,000,000 |
- |
- |
|
|
Provision for off balance sheet exposures |
- |
- |
- |
- |
|
|
Provision for outstanding unreconciled entries |
- |
- |
- |
- |
|
|
Transfer to benevolent fund |
- |
- |
- |
- |
|
|
Profit before tax |
1,603,176,108 |
1,491,425,987 |
894,656,338 |
838,610,242 |
|
|
Provision for Taxation |
750,000,000 |
697,700,000 |
427,500,000 |
345,000,000 |
|
|
Current tax |
750,000,000 |
697,700,000 |
427,500,000 |
345,000,000 |
|
|
Deferred tax |
- |
- |
- |
- |
|
|
Profit after taxation |
853,176,108 |
793,725,987 |
467,156,338 |
493,610,242 |
|
|
Retained earning brought forward |
1,771,949 |
8,282,264 |
1,771,949 |
8,282,264 |
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|
Profit available for appropriation |
854,948,057 |
802,008,251 |
468,928,287 |
501,892,506 |
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|
Appropriations |
- |
- |
- |
- |
|
|
Statutory reserve |
- |
- |
- |
- |
|
|
General reserve |
- |
- |
- |
- |
|
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Retained earnings |
854,948,057 |
802,008,251 |
468,928,287 |
501,892,506 |
|
|
Earning per share (EPS) |
2.97 |
2.76 |
1.62 |
1.17 |
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