| |
Notes |
2006
Taka |
|
2005
Taka |
| |
| Interest income |
15 |
6,335,566,324 |
|
4,746,095,835 |
| Less: Interest/Profit paid on deposits & borrowings etc. |
16 |
(3,471,108,927) |
|
(2,285,683,525) |
| |
|
|
|
|
| |
Net Interest Income |
|
2,864,457,397 |
|
2,460,412,310 |
| |
Income from Investments in fixed deposits |
|
1,693,658,097 |
|
851,952,678 |
| |
Other income |
17 |
1,401,559,519 |
|
1,796,728,252 |
| |
Total operating income |
|
5,959,675,013 |
|
5,109,093,240 |
| |
|
|
|
|
| |
|
|
|
|
| Less: Operating expenses |
|
|
|
|
| |
Salaries and other related expenses |
18 |
2,024,528,593 |
|
1,668,479,375 |
| |
Rent, rates, taxes, vehicle insurance, utilities etc. |
19 |
68,569,867 |
|
48,714,353 |
| |
Legal and professional expenses |
20 |
74,844,314 |
|
45,372,155 |
| |
Auditors fees |
21 |
804,650 |
|
537,130 |
| |
Stationery, printing, advertisement etc. |
22 |
98,110,380 |
|
72,754,916 |
| |
Managing Director's salary & allowances |
23 |
471,750 |
|
408,420 |
| |
Directors’ remuneration |
|
78,000 |
|
168,000 |
| |
Repairs & maintenance of fixed assets |
24 |
33,671,316 |
|
22,459,673 |
| |
Depreciation of fixed assets (Annex-A) |
25 |
51,704,234 |
|
39,557,019 |
| |
Other expenses |
|
626,028,872 |
|
480,837,241 |
| |
Total Operating Expenses |
|
2,978,811,976
|
|
2,379,288,282 |
| |
|
|
|
|
| |
Profit before provision |
|
2,980,863,037 |
|
2,729,804,958 |
| |
|
|
|
|
| |
Provision for loans and advances |
26 |
|
|
|
| |
Specific Provision |
|
1,499,181,910 |
|
1,476,494,272 |
| |
General Provision |
|
83,526,097 |
|
252,868,700 |
| |
|
1,582,708,007 |
|
1,729,362,972 |
| Net profit |
|
1,398,155,030 |
|
1,000,441,986 |
| |
|
|
|
|
| Appropriations: |
|
|
|
|
| Net profit transferred to |
|
1,398,155,030 |
|
1,000,441,986 |
| |
Rehabilitation fund |
|
- |
|
1,000,441,986 |
| |
Proposed cash dividend @ 100% for the year 2006 |
|
318,000,000 |
|
- |
| |
Dividend Equalization fund |
|
636,000,000 |
|
- |
| |
General reserve |
|
318,000,000 |
|
- |
| |
Employees Welfare fund |
|
1,155,030 |
|
- |
| |
|
|
1,273,155,030 |
|
1,000,441,986 |
| |
Retained surplus |
|
125,000,000 |
|
- |
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
| These Financial Statements should be read in conjunction with the annexed notes. |
|
