|
 |
|
UTTARA BANK LIMITED AND ITS SUBSIDIARY |
|
CONSOLIDATED PROFIT AND LOSS ACCOUNT |
|
FOR THE YEAR ENDED 31 DECEMBER 2010 |
| |
|
|
|
|
|
|
| |
|
|
|
2010 |
|
2009 |
|
|
|
Notes |
|
Taka |
|
Taka |
|
OPERATING INCOME : |
|
|
|
|
|
|
|
Interest Income |
|
18.1 |
|
4,841,862,389 |
|
4,492,433,245 |
|
Interest paid on deposits, borrowings etc. |
|
19 |
|
2,959,915,391 |
|
2,790,427,461 |
|
Net Interest Income |
|
|
|
1,881,946,998 |
|
1,702,005,784 |
|
Income from Investment. |
|
20 |
|
2,206,593,581 |
|
1,840,039,983 |
|
Commission,Exchange and Brokerage |
|
21 |
|
939,090,516 |
|
913,451,257 |
|
Other Operating Income |
|
22 |
|
780,671,115 |
|
408,516,881 |
|
Total operating income |
|
|
|
5,808,302,210 |
|
4,864,013,905 |
|
OPERATING EXPENSES |
|
|
|
|
|
|
|
Salary and allowances. |
|
23 |
|
1,593,059,377 |
|
1,535,121,729 |
|
Rent, taxes,insurance,electricity etc. |
|
24 |
|
194,414,151 |
|
167,877,979 |
|
Legal expenses |
|
25 |
|
10,115,024 |
|
8,984,031 |
|
Postage,stamp,telecommunication etc. |
|
26 |
|
37,249,289 |
|
35,661,344 |
|
Stationery,printing,advertisements etc. |
|
27 |
|
69,706,067 |
|
60,784,191 |
|
Managing Director's salary & allowances and fees |
28 |
|
10,614,666 |
|
9,561,111 |
|
Directors' fees |
|
29 |
|
2,392,000 |
|
2,300,000 |
|
Auditors' fees |
|
|
|
300,000 |
|
250,000 |
|
Repair, maintenance and depreciation |
|
|
|
|
|
|
|
of Bank's property |
|
30 |
|
150,533,394 |
|
124,597,235 |
|
Other expenses |
|
31 |
|
673,037,516 |
|
404,999,716 |
|
Total operating expenses |
|
|
|
2,741,421,484 |
|
2,350,137,336 |
| |
|
|
|
|
|
|
|
Profit before provision |
|
|
|
3,066,880,726 |
|
2,513,876,569 |
|
|
|
|
|
|
|
|
|
Provision |
|
|
|
265,000,000 |
|
325,000,000 |
|
Provision for loans & advances |
|
32 |
|
240,000,000 |
|
320,000,000 |
|
Provision for Other |
|
33 |
|
20,000,000 |
|
- |
|
Transfer to benevolent fund |
|
|
|
5,000,000 |
|
5,000,000 |
|
Profit before tax |
|
|
|
2,801,880,726 |
|
2,188,876,569 |
|
Provision for Taxation |
|
|
|
1,250,000,000 |
|
1,083,650,000 |
|
Current tax |
|
|
|
1,239,639,400 |
|
1,075,000,000 |
|
Deferred tax |
|
|
|
10,360,600 |
|
8,650,000 |
|
Profit after taxation |
|
|
|
1,551,880,726 |
|
1,105,226,569 |
|
Retained earning brought forward |
|
16.1 |
|
8,282,263 |
|
1,714,894 |
|
Profit available for appropriation |
|
|
|
1,560,162,989 |
|
1,106,941,463 |
|
Appropriation |
|
|
|
|
|
|
|
Statutory reserve |
|
|
|
570,000,000 |
|
250,000,000 |
|
General reserve |
|
|
|
- |
|
50,000,000 |
|
|
|
|
|
570,000,000 |
|
300,000,000 |
|
Retained surplus |
|
16 |
|
990,162,989 |
|
806,941,463 |
|
Earning per share (EPS)
after split |
|
39 |
|
6.48 |
|
4.61 |
|
