ATA KHAN & CO.

 

Chartered Accountants 

UTTARA BANK LIMITED 
BALANCE SHEET AS AT  31 DECEMBER 2007
   

2007

 

2006

PROPERTY AND ASSETS Note

  Taka 

 

 Taka 

Cash 03     5,002,561,855                4,198,204,110
In Hand (including foreign  currencies)       1,713,064,194                1,218,636,280
Balance with Bangladesh Bank and its         
agent Bank (including foreign  currencies.)       3,289,497,661                2,979,567,830
Balance with other Banks and         
financial institutions 04     1,121,909,129                2,586,566,001
In Bangladesh          800,727,487                2,350,103,677
Outside Bangladesh          321,181,642                  236,462,324
         
Money at call and short notice  05          30,000,000                  130,000,000
         
Investments 06   14,455,780,134                9,564,540,621
Government     14,381,918,295                9,498,487,782
Others            73,861,839                    66,052,839
         
Loans and Advances 07   28,477,407,266              25,163,857,021
Loans,  Cash Credits, Over Drafts etc.     25,298,004,729              21,897,631,969
Bills discounted and purchased       3,179,402,537                3,266,225,052
Fixed assets including Land, Building,       
Furniture and Fixtures  08     1,013,985,359                  942,071,927
Other Assets  09     2,758,688,987                2,631,766,789
Non Banking Assets 09.a  -     - 
TOTAL ASSETS     52,860,332,730              45,217,006,469
LIABILITIES AND CAPITAL        
Liabilities         
Borrowings from other Banks,         
Financial Institutions and Agents 10     2,899,505,333                    56,194,089
         
Deposits and other accounts  11   43,586,356,057              39,360,207,187
Current and Other Accounts etc.     12,372,373,980              10,473,849,824
Bills Payable       1,643,287,611                1,074,690,778
Savings Bank Deposits     17,876,529,810              16,874,922,684
Fixed Deposits     10,417,183,199              10,037,191,494
Bearer Certificate of Deposit                  50,000                         915,000
Other Deposits        1,276,931,457                  898,637,407
Other liabilities  12     3,920,914,181                3,715,166,371
TOTAL LIABILITIES     50,406,775,571              43,131,567,647
       
CAPITAL/SHARE HOLDERS' EQUITY        
Subscribed and paid up capital  13.2        399,329,600                  199,664,800
Proposed issue of bonus share (1:1)          399,329,600                  199,664,800
Statutory reserve 14        550,837,039                  520,837,039
Other reserve 15     1,100,864,198                1,161,297,628
Profit and Loss account surplus/Retained earnings  16           3,196,722                      3,974,555
TOTAL SHARE HOLDERS' EQUITY       2,453,557,159                2,085,438,822
TOTAL LIABILITIES AND SHARE HOLDERS' EQUITY   52,860,332,730              45,217,006,469
       
       
       
OFF BALANCE SHEET ITEMS        
CONTINGENT LIABILITIES        
Acceptances & endorsements   -   -
Letter of guarantee 17     1,474,352,134                1,564,096,472
Irrevocable letter of credit 17.1     5,382,511,516                3,756,960,802
Bills for collection 17.2           3,140,634                      3,163,182
Other contingent liabilities 17.3     1,970,509,500                2,104,235,700
TOTAL CONTINGENT LIABILITIES       8,830,513,784                7,428,456,156
         
         
OTHER COMMITMENTS        
Documentary credits and short term        
trade related transactions   -   -
Forward assets purchased and forward        
deposits placed    -     - 
Undrawn note issuance and revolving         
underwriting facilities    -   -
Undrawn formal standby facilities,        
credit lines and other commitments   -   -
    -   -
         
TOTAL OTHER COMMITMENTS     -     - 
         
TOTAL OFF- BALANCE SHEET  ITEMS        
 INCLUDING CONTINGENT LIABILITIES       8,830,513,784                7,428,456,156
         
Accompanying notes 1 to 44 form an integral part of these financial statements.