UTTARA BANK LIMITED
CONSOLIDATED PROFIT AND LOSS ACCOUNT (UN-AUDITED)
FOR THE PERIOD FROM JANUARY 01,2012 TO JUNE 30,2012
         
OPERATING INCOME : January to January to April-June  April-June 
  June 30,2012 June 30,2011 30'2012 30'2011
  Taka  Taka  Taka  Taka 
Interest Income     3,911,903,227      3,121,674,120      1,978,251,651          1,633,735,040
Interest paid on deposits, borrowings etc.     2,914,506,822      1,802,586,711      1,538,358,492             994,154,691
Net Interest Income        997,396,405      1,319,087,409         439,893,159             639,580,349
Income from Investment.     1,772,962,924      1,036,425,038         917,973,243             598,969,158
Commission,Exchange and Brokerage        455,394,062         515,561,089         259,370,991             243,548,699
Other Operating Income         329,031,642         378,491,169         130,444,792             310,921,618
Total operating income      3,554,785,033      3,249,564,705      1,747,682,185          1,793,019,824
OPERATING EXPENSES        
Salary and allowances.     1,116,126,110         951,607,208         565,882,611             585,785,598
Rent, taxes,insurance,electricity etc.        132,881,852         105,105,921           64,484,414               55,135,459
Legal expenses            5,670,988             5,690,437             3,614,252                 2,251,363
Postage,stamp,telecommunication etc.          23,580,747           20,292,159           13,120,335               12,481,512
Stationery,printing,advertisements etc.          53,651,162           46,569,101           28,949,749               23,186,175
Managing Director's salary & allowances and fees            4,510,000             5,503,000             2,755,000                 3,251,500
Directors' fees                953,000             1,445,873                498,000                 1,340,873
Auditors' fees                         -                           -                            -                               -  
Charges on loan losses a/c.        135,020,994           86,643,022                          -                 86,643,022
Repair, maintenance and depreciation                              -    
of Bank's property          61,345,742           66,363,813             8,908,302               40,219,715
Other expenses        630,808,925         207,168,063         130,637,215               88,068,269
Total operating expenses      2,164,549,520      1,496,388,597         818,849,878             898,363,486
Profit before  provision       1,390,235,513      1,753,176,108         928,832,307             894,656,338
Provision         180,000,000         150,000,000           70,000,000                             -  
 Provision for loans & advances        180,000,000         150,000,000           70,000,000                             -  
 Provision for off balance sheet exposures                          -                           -                            -                               -  
 Provision for outstanding unreconciled entries                          -                           -                            -                               -  
Transfer to benevolent fund                         -                           -                            -                               -  
Profit before tax      1,210,235,513      1,603,176,108         858,832,307             894,656,338
Provision for Taxation        502,448,174         750,000,000         351,316,612             427,500,000
Current tax        502,448,174         750,000,000         351,316,612             427,500,000
Deferred tax                          -                           -                            -                               -  
Profit after taxation        707,787,339         853,176,108         507,515,695             467,156,338
Retained earning brought forward          15,410,617             1,771,949           15,410,617                 1,771,949
Profit available for appropriation        723,197,956         854,948,057         522,926,312             468,928,287
Appropriations                          -                           -                            -                               -  
Statutory reserve                         -                           -                            -                               -  
General reserve                         -                           -                            -                               -  
Retained earnings          723,197,956         854,948,057         522,926,312             468,928,287
Earning per share (EPS)                     2.14                      2.58 1.53 1.41