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Annual Reports 2006


Auditors' Report


Profit and Loss   Account


Balance Sheet


Cash Flow Statement


Statement of changes in equity


Comparative Value Added Statement


Statement of Liquidity


Annexure-A


Notes to the Financial Statements


 
Grameen Bank
Comparative Value Added Statement
For the year ended 31 December 2005
 
Description   2006
Taka
  2005
Taka
 
Income from Banking Services        
  Interest income   6,335,566,324   4,746,095,835
  Interest income from investment   1,693,658,097   851,952,678
  Other operating income   1,401,559,519   1,796,728,252
    9,430,783,940   7,394,776,765
         
Less: Cost of services & Supplies        
  Interest paid on deposits & borrowings   3,471,108,927   2,285,683,525
  Rent, taxes, insurance & utilities etc.   81,566,424   56,719,993
  Legal and professional expenses   74,844,314   45,372,155
  Auditors' fees   804,650   537,130
  Stationery, printing, advertisement etc.   98,110,380   72,754,916
  Repairs & maintenance of fixed assets   33,671,316   22,459,673
  Directors’ remuneration   78,000   168,000
  Other expenses   613,032,315   472,831,601
      4,373,216,326   2,956,526,993
Value added by the Banking Services   5,057,567,614   4,438,249,772
         
Less: loan loss and provisions        
Provision for bad and doubtful debts   (1,582,708,007)   (1,729,362,972)
Value Added   3,474,859,607   2,708,886,800
         
Distribution of value addition        
Employees-as salaries and other related expenses   2,025,000,343   1,668,887,795
Net profit for the year (Appropriationable)   1,398,155,030   1,000,441,986
Depreciation   51,704,234   39,557,019
    3,474,859,607   2,708,886,800
         
 
The annexed notes 1 to 29 form an integral part of these financial statements.
             
(M. Shahjahan)
General Manager
  Director   Director   (Dr. Muhammad Yunus)
Managing Director
             
 
 
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