UTTARA BANK LIMITED  BALANCE SHEET AS AT  31 DECEMBER 2008           2008   2007 PROPERTY AND ASSETS   Notes         Taka          Taka  Cash   03       5,860,103,625       5,002,561,855 In Hand (including foreign  currencies)           1,585,554,764       1,713,064,194 Balance with Bangladesh Bank and its              agent Bank (including foreign  currencies)           4,274,548,861       3,289,497,661 Balance with other Banks and              financial institutions   04          350,941,308       1,121,909,129 In Bangladesh                 6,930,615          800,727,487 Outside Bangladesh              344,010,693          321,181,642   Money at call and short notice    05           29,900,000           30,000,000   Investments   06     11,188,289,669     14,455,780,134 Government         11,091,865,330     14,381,918,295 Others               96,424,339           73,861,839    ..  Loans and Advances   07     37,141,342,619     28,477,407,266 Loans,  cash credits, over drafts etc.         33,308,029,435     25,298,004,729 Bills discounted and purchased           3,833,313,184       3,179,402,537 Fixed assets including Land, Building,            Furniture and Fixtures    08       1,065,679,827       1,013,985,359 Other Assets    09       2,698,386,497       2,758,688,987 Non Banking Assets   9.1          109,688,573                        -   TOTAL ASSETS         58,444,332,118     52,860,332,730   LIABILITIES AND CAPITAL / SHARE HOLDERS' EQUITY           Liabilities              Borrowings from other Banks,              Financial Institutions and Agents   10          225,086,084       2,899,505,333   Deposits and other accounts    11     50,816,975,020     43,586,356,057 Current and other accounts etc.         15,570,321,322     12,372,373,980 Bills payable           1,605,516,899       1,643,287,611 Saving bank deposits         19,547,765,743     17,876,529,810 Fixed deposits         12,164,269,906     10,417,183,199 Bearer certificate of deposit                            -                    50,000 Other deposits            1,929,101,150       1,276,931,457 Other liabilities    12       3,713,428,714       3,920,914,181 TOTAL LIABILITIES         54,755,489,818     50,406,775,571   CAPITAL/SHARE HOLDERS' EQUITY             Issued, subscribed and paid up capital    13.2          798,659,200          399,329,600 Issuance of bonus shares                            -            399,329,600 Statutory reserve   14       1,550,837,039          550,837,039 Other reserves   15       1,337,631,167       1,100,864,198 Retained earnings    16             1,714,894             3,196,722 TOTAL CAPITAL/ SHARE HOLDERS' EQUITY           3,688,842,300       2,453,557,159 TOTAL LIABILITIES AND CAPITAL/SHARE HOLDERS' EQUITY     58,444,332,118     52,860,332,730               CONTINGENT LIABILITIES        17.0       8,806,887,103       8,830,513,784 Acceptances & endorsements                                     -                                   -   Letter of guarantees        17.1       1,826,856,510       1,474,352,134 Irrevocable letter of credit        17.2       4,517,171,591       5,382,511,516 Bills for collection        17.3             3,156,536             3,140,634 Other contingent liabilities        17.4       2,459,702,466       1,970,509,500                                                         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                                     -                                   -   Liabilities against forward purchase & sale                                      -                                   -   Litigation filed by the Bank                                     -                                   -                               TOTAL OTHER COMMITMENTS                                      -                                   -                 TOTAL OFF- BALANCE SHEET  ITEMS              INCLUDING CONTINGENT LIABILITIES     8,806,887,103     8,830,513,784               Accompanying notes 1 to 44 form an integral part of these financial statements.