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 |
|
UTTARA BANK LIMITED AND ITS SUBSIDIARY |
|
CONSOLIDATED PROFIT AND LOSS ACCOUNT |
|
FOR THE YEAR ENDED 31 DECEMBER 2011 |
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Amount in
Taka |
|
|
|
Notes |
|
2011 |
|
2010 |
|
OPERATING INCOME |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Income |
|
18.1 |
|
6,604,198,304 |
|
4,841,862,389 |
|
Interest paid on deposits, borrowings etc. |
19.a |
|
4,138,754,861 |
|
2,959,915,391 |
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Net Interest Income |
|
|
|
2,465,443,443 |
|
1,881,946,998 |
|
Income from Investment |
|
20 |
|
2,204,265,402 |
|
2,206,593,581 |
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Commission, Exchange and Brokerage |
|
21 |
|
987,134,228 |
|
939,090,516 |
|
Other Operating Income |
|
22.a |
|
871,586,875 |
|
780,671,115 |
|
Total operating income |
|
|
|
6,528,429,948 |
|
5,808,302,210 |
| |
|
|
|
|
|
|
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OPERATING EXPENSES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Salary and allowances. |
|
23 |
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2,200,353,628 |
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1,593,059,377 |
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Rent, taxes,insurance,electricity etc. |
|
24 |
|
246,142,347 |
|
194,414,151 |
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Legal expenses |
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25 |
|
10,571,793 |
|
10,115,024 |
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Postage,stamp,telecommunication etc. |
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26 |
|
40,064,254 |
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37,249,289 |
|
Stationery,printing,advertisements etc. |
|
27 |
|
79,178,405 |
|
69,706,067 |
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Managing Director's salary & allowances and fees |
28 |
|
10,627,301 |
|
10,614,666 |
|
Directors' fees |
|
29 |
|
2,670,000 |
|
2,392,000 |
|
Auditors' fees |
|
30 |
|
500,000 |
|
300,000 |
|
Charges on Loan losses account |
|
|
|
86,643,022 |
|
- |
|
Repair, maintenance and depreciation of Bank's property |
31 |
|
157,564,629 |
|
150,533,394 |
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Other expenses |
|
32.a |
|
536,399,080 |
|
673,037,516 |
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Total operating expenses |
|
|
|
3,370,714,459 |
|
2,741,421,484 |
|
|
|
|
|
|
|
|
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Profit before provision |
|
|
|
3,157,715,489 |
|
3,066,880,726 |
|
|
|
|
|
|
|
|
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Provision |
|
|
|
150,000,000 |
|
265,000,000 |
|
Provision for loans & advances & off balance sheet
exposures |
33 |
|
150,000,000 |
|
240,000,000 |
|
Provision for Others |
|
34 |
|
- |
|
20,000,000 |
|
Transfer to benevolent fund |
|
|
|
- |
|
5,000,000 |
|
Profit before tax |
|
|
|
3,007,715,489 |
|
2,801,880,726 |
|
|
|
|
|
|
|
|
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Provision for Taxation |
|
|
|
1,352,765,952 |
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1,250,000,000 |
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Current tax |
|
|
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1,317,621,521 |
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1,239,639,400 |
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Deferred tax |
|
|
|
35,144,431 |
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10,360,600 |
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|
|
|
|
|
|
|
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Profit after taxation |
|
|
|
1,654,949,537 |
|
1,551,880,726 |
|
Non Controlling Interest |
|
|
|
(277) |
|
- |
|
Profit after taxation-without Non Controlling Interest |
|
|
1,654,949,260 |
|
1,551,880,726 |
|
Retained earning brought forward |
|
16.1 |
|
1,771,949 |
|
8,282,263 |
|
Profit available for appropriation |
|
|
|
1,656,721,209 |
|
1,560,162,989 |
|
|
|
|
|
|
|
|
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Appropriation |
|
|
|
610,000,000 |
|
570,000,000 |
|
Statutory reserve |
|
|
|
610,000,000 |
|
570,000,000 |
|
General reserve |
|
|
|
- |
|
- |
|
|
|
|
|
|
|
|
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Retained surplus |
|
16.a |
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1,046,721,209 |
|
990,162,989 |
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Earning per share (EPS) |
|
39.a |
|
5.76 |
|
5.40 |
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Accompanying notes 1 to 41 form an integral part of these
financial statements. |
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