| |
Profit
& Loss Account
|
For
the year ended, 2008 |
|
|
2008 |
2007 |
2006 |
|
|
Taka |
Taka
|
Taka
|
|
|
|
|
|
|
Interest Income |
3,837,254,457
|
3,180,721,570 |
2,810,660,610 |
|
Interest paid on Deposits & Borrowings |
(2,906,739,580)
|
(2,529,873,769) |
(2,160,378,829) |
|
Net Interest Income |
930,514,877
|
650,847,801 |
650,281,781 |
|
Income from investments |
372,921,619
|
368,544,630 |
159,892,515 |
|
Commission, Exchange & Brokerage |
608,048,088
|
480,045,965 |
497538904 |
|
Other Operating Income |
251,816,108
|
157,019,728 |
153,962,887 |
|
Total Operating Income |
2,163,300,692
|
1,656,458,124 |
1461676087 |
|
Salaries and Allowances |
390,393,234
|
349,760,664 |
288,474,994 |
|
Rent, Taxes, Insurance, Lighting
etc. |
123,970,767
|
101,758,448 |
77,552,232 |
|
Legal Expenses |
4,153,564
|
3,420,887 |
2,648,708 |
|
Postage, Telegram, Telephone, Stamps
etc |
23,407,343
|
22,475,965 |
20,018,938 |
|
Audit Fees |
295,900
|
145,900 |
160,900 |
|
Printing, Stationery, Advertisement,
etc |
95,035,040
|
68,453,841 |
40,819,457 |
|
Chief Executive's Remuneration |
5,981,161
|
4,480,000 |
4,200,000 |
|
Directors' Fees |
678,800
|
580,000 |
1,016,500 |
|
Repairs, maintenance and depreciation |
47,956,049
|
35,806,006 |
30,388,681 |
|
Other Expenditure |
56,865,383
|
71,468,742 |
54,326,522 |
|
Total Operating Expenses |
890,365,205
|
658,350,453 |
519,606,932 |
|
Profit before Provision |
1,272,935,487
|
998,107,671 |
942,069,155 |
|
Provision against loans and advances |
(48,760,000)
|
398,960,000 |
238,000,000 |
| Specific
Provision |
|
|
|
| Total
Provision |
44,869,050
|
467,952,992 |
242,509,972 |
| Total
Profit before Income Tax |
1,228,066,437
|
530,154,679 |
699559183 |
| Provision
for Income Tax |
|
|
|
|
Net Profit after Tax for the year |
650,745,468
|
78,756,227 |
368,677,624 |
|
Appropriations |
|
|
|
|
Statutory Reserve @ 20% on Profit
before tax |
220,427,287
|
106,030,936 |
139,911,837 |
|
Retained earning for the year |
- |
- |
- |
|
Retained earning brought forward |
- |
- |
- |
|
Cash Dividend for the year |
- |
- |
- |
|
Issue of Bonus Share at Premium |
- |
- |
- |
|
Transafer to Dividend equalisation
reserve |
- |
- |
- |
|
Retained earnings |
555,892,595 |
125,574,414 |
237,349,093 |
|
Earning Per Share ( EPS) |
38.51 |
4.66 |
43.63 |
|
These
financial statements should be read in conjunction
with the annexed notes |
|
| |
| |
|
Credit
Card
