UTTARA BANK LIMITED 

PROFIT AND LOSS ACCOUNT (UN-AUDITED) FOR

THE HALF YEAR ENDED JUNE 30, 2010
 
    (TAKA IN THOUSAND 
  OPERATING INCOME : January to January to April-June  April-June 
    June 30,2010 June 30,2009 30.2010 30,2009
  Interest Income          2,262,237            2,022,471         1,184,954         1,007,581
  Less: Interest paid on deposits, borrowings etc.          1,434,244            1,381,756            722,453           696,646
  Net Interest Income             827,993               640,715            462,501           310,935
  Income from Investment.             923,072               793,673            521,208           419,280
  Commission,Exchange and Brokerage             452,249               460,353            289,569           252,018
  Other Operating Income              578,046               209,185            183,136           137,057
  Total operating income           2,781,360            2,103,926         1,456,414               1,119,290
  OPERATING EXPENSES:        
  Salary and allowances.             730,643               631,754            356,161           317,733
  Rent, taxes,insurance,electricity etc.               98,495                 77,349             56,220             43,279
  Legal expenses                 3,657                   4,328               2,385               2,656
  Postage,stamp,telecommunication etc.               19,066                 19,018               7,941               8,859
  Stationery,printing,advertisements etc.               36,699                 33,200             18,485             15,857
  Managing Director's salary & allowances and fees                 4,810                   4,238               2,905               1,755
  Directors' fees                  1,262                   1,116                  926                  816
  Auditors' fees                      -                          -                      -                      -  
  Repair, maintenance and depreciation        
  of Bank's property               67,294                 45,640             33,819             14,198
  Other expenses             178,008               119,114            138,961             72,519
  Total operating expenses           1,139,934               935,757            617,803           477,672
  Profit before  provision            1,641,426            1,168,169            838,611           641,618
  Total provision              150,000               100,000            150,000                    -  
   Provision for loans & advances             150,000               100,000            150,000                    -  
   Provision for off balance sheet exposures                       -                          -                      -                      -  
  Profit before taxation           1,491,426            1,068,169            688,611           641,618
  Provision for Tax for the period             697,700               491,800            352,700           254,800
  Current tax             697,700               491,800            352,700           254,800
  Deferred tax                       -                          -                      -                      -  
  Profit after tax and provision             793,726               576,369            335,911           386,818
  Retained earning brought forward                 8,282                   1,715               8,282               1,715
  Profit available for appropriation             802,008               578,084            344,193           388,533
  Appropriations:                      -                          -                      -                             -  
  Statutory reserve                      -                          -                              -                             -  
  General reserve                      -                          -                              -                             -  
  Retained earnings               802,008               578,084            344,193           388,533
  Earning per share (EPS)                 33.13  24.06*  14.02*  16.14* 
 
  *Restated